In episode 98, Phil interviews Eric Dubin (link) from The News Doctors to discuss the Fed, Yellen, Trump, interest rates and way more.
Yes Virginia, government interests do manipulate precious metals mining shares so as to influence the price of gold…
Bullion was resilient in the face of constant capping efforts last month. The fundamentals for strong gold are over the top and include massive under-reported Chinese physical demand purposefully obfuscated by mainstream media and Wall Street (but documented by myself and other analysts given Swiss refiner flows). Gold blasted through $1,250 last week; something had to be done. This is how the picture looks:
What is really going on with economy, markets and the Trump administration? Debt ceiling fireworks on the horizon? Tune into this week’s “Operation Freedom” for experts discuss recent developments with Dr. Dave Janda:
Today, we are seeing continued attacks on mining shares and the entire precious metals sector was taken down in the early New York afternoon trade. This is a continuation of the near-term trends visible last week that I discussed with Dave Kranzler on Friday’s Silver Doctors SD Metals & Markets. Precious metals will reverse very soon because the fundamentals are overwhelmingly positive for gold and silver. What we are witnessing is nothing more than the desperation of the guardians of the fiat paradigm in the face of far stronger physical market trends than widely perceived to exist given the tonnage flow moving into China, under the radar of the World Gold Council and other methodology-blinded sources that form the basis of mainstream media and Wall Street consensus opinion. – Eric Dubin, Managing Editor, The News Doctors
Yellen may be yelling, but the market isn’t really listening. After her second day of Congressional testimony, we were treated to a precious metals sell-off on Comex as the prospect of interest rate increases and a rising dollar continue to rattle the precious metals sector. Demonstrating the power of the current bull move, both gold and silver have reversed and are now making their highs for the Comex session.
Silver Expert David Morgan (website link) Joins The Show & Breaks Down the Two-Month Rally In The Metals:
- Is A MAJOR Bull Move Just Getting Started, Or Is Yet Another Cartel FLUSH Coming?
- Regardless Of What’s Next, Morgan Believes If You Can Buy Silver Under $20/oz, It’s A Gift!
- The Famous Silver Investor Reveals Dollar Cost Average For His Personal Silver PositionA Must Listen Metals & Markets Starts Now:
These are the kind of corrections that are helped and pushed. As I warned and described before yesterday’s small Comex session (click here), the upside momentum was fading as normal action for an bull run; today’s dive down going into and through the London P.M. fix price is classic timing for the targeting of a tape painting move.
Craig Hemke Joins the Show For A Powerful Analysis of the Trump Administration & Global Currency Markets, Discussing:
- Death By China: It’s Only A Matter Of Time Before Trump Turns Attention to China…
- …That’s When The REAL Fireworks Begin!
- Declaring China A Currency Manipulator Will Put An After-Burner On Precious Metals!
- Will China Pre-empt Trump & Announce A Shocking Yuan Devaluation?
- Gold: The REAL THING Continues To Move East & DISAPPEAR
- Deja Vu All Over Again – Why 2017 Is Shaping Up to Be A Great Year For Gold & Silver
SD Metals & Markets Begins NOW…
Trump is equated to being a fascist xenophobe with Hitler dictatorial tendencies and, a murder of American values. America helped to create the refugee problem in the first place by literally making war on Syria and Libya. Now, Americans are being lied to about what is “normal” American policy on conflict refugees. People like Larry Summers don’t want you to understand just how recent this policy shift happened and why it happened.