Precious Metals New Thread 2.0

Silver just broke out over $17

 

That didn't take long..........

Yeah it will be impossible to make estimates....
But PMs are going up and this is just the start of the bull run.........

AG is up 194 % 12%/ 13.5 today......

All the PMs stocks I'm watching are up today...........

Anyone that knows about investing can see something is starting in PMs..........

 

Glad I placed my order on Friday.......

Just keep buying the pull backs or when it levels out for physical......

 

New Silver Manipulation Class Action Lawsuit in Canada

http://investingnews.com/daily/reso...-manipulation-class-action-lawsuit-in-canada/

 

Saudi Arabia Threatens To Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks

http://www.zerohedge.com/news/2016-...date-its-treasury-holdings-if-congress-passes

 

Greenspan Admits The Fed's Plan Was Always To Push Stocks Higher

http://www.zerohedge.com/news/2016-04-18/greenspan-admits-feds-plan-was-always-pushing-stocks-higher

 

How the GOV may deal with the debt.....

 

http://rationalwiki.org/wiki/Zero_Hedge

Zero Hedge is a batshit insane Austrian school finance blog run by a pseudonymous founder who posts articles under the name "Tyler Durden," after the character from Fight Club.[wp] It has accurately predicted 200 of the last 2 recessions.[citation NOT needed]

Tyler claims to be a "believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the helm of U.S. policy, with the Treasury and the Federal Reserve colluding to preserve the status quo." While this is not an entirely unreasonable statement of the problem,[1] his solution actually mirrors the anatagonist in Fight Club: Tyler wants, per Austrian school ideas, to lead a catastrophic market crash in order to destroy banking institutions and bring back "real" free market capitalism.[2]

The site posts nearly indecipherable analyses of multiple seemingly unrelated subjects to point towards a consistent theme of economic collapse any day now. Tyler seems to repeat The Economic Collapse Blog's idea of posting blog articles many times a day and encouraging people to post it as far and wide as humanly possible. Tyler moves away from the format of long lists to write insanely dense volumes[3]filled with (often contradicting) jargon that makes one wonder if the writers even know what the words actually mean.[4] The site first appeared in early 2009, meaning that (given Tyler's habit of taking a shit on each and every positive data point), anyone listening to him from the beginning missed the entire 2009-2014 rally in the equities market.

The only writer conclusively identified is Dan Ivandjiiski, who conducts public interviews on behalf of Zero Hedge.[5] The blog came online several days after he lost his job at Wexford Capital, a Connecticut-based hedge fund (run by a former Goldman trader). And chose his pen name from a nihilistic psychotic delusion.

Zero Hedge is not quite the NaturalNews of economics, but not for want of trying.

 

Hey Steve are you ever going to quote or cite any reputable sources? Like Reuters, Bloomberg, CNBC, you know news agencies that have their data verified and fact checked? All you do is post pro PM articles from the actual vendors and conspiracy theories blogs and basement youtube videos.

 

Dow, S&P close at 2016 highs; tech lags
Evelyn Cheng | @chengevelyn
6 Hours AgoCNBC.com
87
SHARES






609
COMMENTS Tweet This ) The Dow transports closed up nearly 1.3 percent to within 10 percent of its 52-week intraday high, out of correction territory.

‹

• 
  US oil loses gains post-settlement on APIdata
• 
  US Treasury prices lower as oil rises
• 
  Commodity currencies at 10-month highs
• 
  Precious metals soar as dollar slumps after US data

›
The S&P closed above the psychologically key 2,100 level for the first time since Dec. 1, 2015, while the Dow remained above the 18,000 level topped Monday.

"I think it's really positive that energy and financials are still strong, and materials," said Marc Chaikin, CEO of Chaikin Analytics. There's "some rotational profit-taking going on in the technology and consumer discretionary names."

"Netflix and Tesla are not really the stock market. They are the momentum of the day," he said.

The Nasdaq composite underperformed, closing 0.4 percent lower asNetflix plunged nearly 13 percent after giving lower-than-expected subscriber growth for the second quarter. Shares of Illumina plunged 23 percent after reporting revenue well below expectations and forecasting the slowest revenue growth in four years.

Shares of Alphabet, Amazon.com and Apple also declined to weigh on the Nasdaq. Tesla fell 2.5 percent.

Read MoreTesla drops on Consumer Reports warning

IBM closed down 5.59 percent, accounting for about 57 points off the Dow. IBM's earnings beat on both the top and bottom line, but revenue continued to fall and the firm did not raise its full-year guidance. The stock is still up more than 4.5 percent year-to-date.

Declines in information technology briefly dragged the S&P into negative territory. The index closed higher as materials surged 2 percent, followed by gains of more than 1 percent each in energy and financials. Energy and materials are the worst S&P performers over the last 12 months, while financials moved from third-worst to fourth-worst in the close.

"Certainly if the financials, because of the size, can get momentum, that can help drive the market to new highs," Stone said.

‹

• 
  Harley-Davidson erases gains despite earnings beat
• 
  Cabela's shares spike on buyout report
• 
  Cramer: This stock has 'mojo'
• 
  Viacom shares tumble on spat with DISH

›
Goldman Sachs closed up 2.28 percent to contribute the most to gains in the Dow. The firm reported first-quarter earnings that topped lowered Wall Street expectations, but marked a fourth-straight quarter of profit declines as market volatility hit the company's bond trading and investment banking businesses. Revenue plunged about 40 percent from the year-ago period and missed estimates. The stock is down more than 9 percent for the year so far.

U.S. crude oil futures for May delivery settled up $1.30, or 3.27 percent, at $41.08 a barrel, breaking a four-day losing streak. After the settle Wednesday, the contract rolls to June, which settled up 3.11 percent at $42.47 a barrel.

On Monday, the Dow Jones industrial average closed above the psychologically key 18,000 level for the first time since July 20, 2015. All three major averages ended at their highest level of the year so far, with energy stocks leading as oil prices recovered from sharp losses.

"The market's very expensive and now it's going to be tested on a micro level when we see corporate earnings," said Peter Boockvar, chief market analyst at The Lindsey Group.

European stocks closed more than 1 percent higher, with the German DAX outperforming with gains of more than 2 percent. Germany's ZEWinstitute's latest Indicator of Economic Sentiment rose for the second month in a row in April to 11.2 points.

In Asia, the Nikkei 225 rebounded with gains of more than 3.5 percent, while the Hang Seng rose 1.3 percent and the Shanghai composite closed about 0.3 percent higher.

Read MoreStocks to face another earnings test

"The SPX exceeded resistance near 2090 yesterday, defined by the downtrend channel connecting the July 2015 and November 2015 highs. Consecutive weekly (Friday) closes above this level would signify a breakout and bullish reversal, supporting upside follow-through in the months ahead," said BTIG Chief Technical Strategist Katie Stockton.

However, she said based on other technical indicators "we would be wary of a lack of follow-through in the days ahead."

Symbol
Name
Price
Change
%Change
DJIA Dow Jones Industrial Average 18053.60

49.44 0.27%
S&P 500 S&P 500 Index 2100.80

6.46 0.31%
NASDAQ Nasdaq Composite Index 4940.33

-19.69 -0.40%
Intel and Yahoo are scheduled to report on Tuesday. Other early morning quarterly reports included Johnson & Johnson, which closed up more than 1.5 percent after reporting earnings that beat, while revenue matched forecasts. The firm also raised its full-year forecast.

UnitedHealth reported earnings that beat on both the top and bottom line, and raised its full-year forecast. The stock closed up 2.1 percent and was the second-top contributor to gains in the Dow.

In other corporate news, FBR rated the newly formed Liberty Media tracking stocks Liberty SiriusXM, Liberty Media as "outperform," noting both stocks are trading a "meaningful discounts" to their "sum-of-the-parts" values. Shares were nearly 6.8 percent in the close.

Read MoreAtlanta Braves—bad baseball team, worse stock

In economic news, housing starts fell a more-than-expected 8.8 percent in March to a seasonally adjusted annual pace of 1.09 million units, the lowest level since October, according to Reuters, citing the Commerce Department. Building permits dropped 7.7 percent to a 1.09 million-unit rate last month, the lowest level since March last year.

Treasury yields traded higher, with the 2-year yield at 0.76 percent and the 10-year yield near 1.79 percent.

The U.S. dollar index was about 0.4 percent lower, with the euro near $1.136 and the yen at 109.18 yen against the greenback.

Gold futures settled $19.30 higher, at $1,254.30 an ounce, after earlier hitting its highest since April 13.

Late Monday, Boston Fed President Eric Rosengren reiterated in a Reuters report that the Federal Reserve is set hike interest rates more rapidly than priced into futures markets, which see only one modest rate hike in each of the next few years.

Read MoreEarly movers: UNH, JNJ, GS, HOG, PM, EBAY, PNRA, IBM, NFLX & more

The Dow Jones industrial average closed up 49.44 points, or 0.27 percent, at 18,053.60, with Goldman Sachs leading advancers and IBM the greatest decliner.

The S&P 500 closed up 6.46 points, or 0.31 percent, at 2,100.80, with materials leading eight sectors higher and consumer discretionary and information technology the only decliners.

The Nasdaq composite closed down 19.69 points, or 0.40 percent, at 4,940.33.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held steady just above 13. Earlier, the VIX fell below 13 to its lowest since Oct. 28.

About seven stocks advanced for every three decliners on the New York Stock Exchange, with an exchange volume of 885 million and a composite volume of 3.8 billion in the close.

—CNBC's Peter Schacknow and Reuters contributed to this report

On tap this week:

Tuesday

Earnings: Intel, Yahoo, Discover Financial, Intuitive Surgical, Interactive Brokers, VMWare

Wednesday

Earnings: American Express, Coca-Cola, Abbott Labs, EMC, SLM, F5 Networks, Mattel, United Continental, Qualcomm, Stryker, Las Vegas Sands, Tractor Supply, Yum Brands, U.S. Bancorp, Illinois Tool Works, Canadian Pacific Railway, St. Jude Medical

10 a.m. Existing home sales

Thursday

Earnings: Alphabet, Microsoft, General Motors, Visa, Starbucks, Bank of NY Mellon, Biogen, Under Armour, Southwest Air, Stanley Black and Decker, Imax, Novartis, Union Paicific, DR Horton, Fifth Third, Johnson Controls, Pulte Group, Polaris, Alaska Air, Verizon, Travelers, E*Trade, Norfolk Southern, Boston Beer

8:30 a.m. Initial claims

8:30 a.m. Philadelphia Fed survey

9 a.m. FHFA home prices

Friday

Earnings: General Electric, Caterpillar, McDonald's, Honeywell, AutoNation, American Airlines, Synchrony Financial, Kimberly-Clark, SunTrust, LyondellBasell, Steve Madden, Daimler

9:45 a.m. Manufacturing PMI

 

How are you enjoying the fake rally? By the way can you define fake? What's fake about a market that's been going up?

 

Wells Fargo to pay $1.2B for 'reckless' mortgages
http://www.usatoday.com/story/money/2016/02/03/wells-fargo-pay-12b-reckless-mortgages/79747266/

Goldman Says U.S. Mortgage Settlement to Cost $5.1 Billion
http://www.bloomberg.com/news/artic...ill-settle-u-s-mortgage-probe-for-5-1-billion

Deutsche Bank Settles Silver, Gold Price-Manipulation Suits
http://www.bloomberg.com/news/artic...ettles-silver-price-fixing-claims-lawyers-say

St. Louis Fed official: No evidence QE boosted economy
http://www.cnbc.com/2015/08/18/st-louis-fed-official-no-evidence-qe-boosted-economy.html

The numbers that tells us the economy might be doomed
https://www.washingtonpost.com/news...er-that-tells-us-the-economy-might-be-doomed/

The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless
http://www.huffingtonpost.com/ellen-brown/the-war-on-savings-the-pa_b_9659798.html

China launches renminbi-denominated gold benchmark
https://next.ft.com/content/e2d5b638-0610-11e6-9b51-0fb5e65703ce

PRECIOUS-Silver rallies to 11-mth top on China optimism, dollar
http://www.reuters.com/article/global-precious-idUSL3N17N1DB

Gold investment demand in China spurs ETF inflows, new products
http://www.reuters.com/article/china-gold-investment-idUSL3N17B2NN

Silver ETFs: What's Next as Demand Grows but Supplies Dwindle
http://www.nasdaq.com/article/silver-etfs-whats-next-as-demand-grows-but-supplies-dwindle-cm608093

As Silver ETFs Soar, Options Activity Turns Brisk
http://www.nasdaq.com/article/as-silver-etfs-soar-options-activity-turns-brisk-cm608651

How to Spot an Internet Troll in Just Five Comments
http://www.esquire.com/lifestyle/news/a34473/internet-troll-study-stanford-cornell/

 

Here is the year to date chart for Silver stocks...
It's is very easy to see PMs are taking off from 51% to 203% gains year to date and still getting trolled........
DOW at 3%....
I would look at miners there is a lot of money to be made...
But watch for a market turn down and don't get burned....
I also like getting physical PMs as Ins insurance against all the debt....
Real physical assets and a business are the best protection from the debt....
Even Stevie Wonder can see PMs are a good investment........
Doesn't matter what you or I believe, PMs are taking off no matter what the reasons are.......
But If you're on this thread you know why.........

 

Interesting, end the gold std and what happens????????

1973–75 recession
From Wikipedia, the free encyclopedia



The 1973–75 recession or 1970s recession was a period of economic stagnation in much of the Western world during the 1970s, putting an end to the general post-World War II economic boom. It differed from many previous recessions as being astagflation, where high unemployment coincided with high inflation.


United States[edit]
Among the causes were the 1973 oil crisis and the fall of the Bretton Woods system after the Nixon Shock.[2] The emergence of newly industrialized countries increased competition in the metal industry, triggering a steel crisis, where industrial core areas in North America and Europe were forced to re-structure.[citation needed] The 1973–74 stock market crash made the recession evident.

The recession in the United States lasted from November 1973 (the Richard Nixon presidency) to March 1975 (the Gerald Ford presidency),[3] although its effects on the US were felt through the Jimmy Carter presidency until the mid-term of Ronald Reagan's first term as president, characterized by low economic growth. Although the economy was expanding from 1975 to the first recession of the early 1980s, which began in January 1980, inflation remained extremely high until the early years of the 1980s.

Though the recession ended in March 1975, the unemployment rate did not peak for several months. In May 1975, the rate reached its height for the cycle of 9 percent.[4] (Three cycles have higher peaks than this, the late 2000s recession, where the unemployment rate peaked at 10 percent in October 2009 in the United States,[5] the Early 1980s recession where unemployment peaked at 10.8% in November and December 1982, and the Great Depression, where unemployment peaked at 25% in 1933.)

 

Thanks for posting the obvious. Mortgage fraud and demand for an investment vehicle is not breaking news. There was a ton of demand for 3X shorts ETFs and look how that turned out. Pretty sure we all know how that turned out. Where are the reputable articles on the end of the fiat petrol dollar and a return of the gold standard???

 

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Conspiracy theory
For other uses, see Conspiracy theory (disambiguation)
For other types of "conspiracy theory", see Conspiracy (civil), Conspiracy (criminal), and List of conspiracies (political)

The Eye of Providence, or the all-seeing eye of God, seen here on the US $1 bill, has been taken by some to be evidence of a conspiracy involving the founders of the United States and the Illuminati.[1]:58[2]:47-49
A conspiracy theory is an explanatory or speculative hypothesis suggesting that two or more persons, or an organization, have conspired to cause or cover up, through secret planning and deliberate action, an event or situation typically regarded as illegal or harmful. The term conspiracy theory has a derogatory meaning, denoting explanations that invoke conspiracieswithout warrant, often producing hypotheses that contradict the prevailing understanding of historical events or simple facts.[3][4][5][6]

According to the political scientist Michael Barkun, conspiracy theories rely on the view that the universe is governed by design, and embody three principles: nothing happens by accident, nothing is as it seems, and everything is connected.[1]:3–4 Another common feature is that conspiracy theories evolve to incorporate whatever evidence exists against them, so that they become unfalsifiable and, as Barkun argues, "a matter of faith rather than proof."[1]:7[7]:10




Usage of the term

Examples

Conspiracy vs. conspiracy theory

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Conspiracism as a world view

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I think PMs are still breaking out........

 

And yet you only predicted $17 an ounce for a month from now...?

 

Or post any credible report on how the world plans to go back to the gold standard after getting rid of the US petrol dollar.....