Alternative Assets Soar as NASDAQ also hits new highs.
Gold Backed Yuan Story dies an Ignominious Death.
Strong week for gold and silver.
As Bitcoin Hits New Highs Jamie Dimon Trashes it Again.Litecoin come back to Life
Chinese Leaders begin their central planning meeting amid growing debt fears
Litecoin come back to Life
Chinese Leaders begin their central planning meeting amid growing debt fears
Trump guts Obamacare
Smaulgld appears on X22 Report Spotlight.
Video Commentary to “Alternative Assets Gold, Silver, Bitcoin and Litecoin on the Rise”
You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin.*
Click Here to Get the Smaulgld 2017 Silver Report
Check out all the Smaulgld podcasts here.
Not a Smaulgld subscriber? Sign up here.
Donate To Smaulgld.com via paypal
Gold and silver.
Gold closed last week at $1276 an ounce and closed this week at $1303.30 +2.1%
Silver closed last week at $16.81 an ounce and closed this week at $17.41 +3.6%
The gold and silver ratio ended the week at 74.86:1
Gold and silver are not the same metals, they have different properties and different uses. Relative rarity is not the only determinate in arrive at price.
Silver is a spike and dive metal.
Donate To Smaulgld.com via paypal
Please consider making a small donation to Smaulgld.com. Thanks!
Sign Up For Smaulgld.com Updates Here!
Donate To Smaulgld.com via paypal
Tweets of the Week
Difference between gold and bitcoin
Gold is actually a bet that people are going to mess things up, bitcoin that people will fix it
— Smaulgld (@Smaulgld) October 8, 2017
yes but bitcoin because of human intervention, reliance on hardware, software electricity satellites can screw up while gold cant- immutable
— Smaulgld (@Smaulgld) October 9, 2017
CHINA'S DEBT BINGE IS THE LARGEST IN HISTORY https://t.co/rppZUk7hOY via @YouTube
— Smaulgld (@Smaulgld) October 9, 2017
Alt media examines every angle of Las Vegas shooting but accepts "Gold Back Yuan" on faith "China is expected" https://t.co/cPMQEO7S8m
— Smaulgld (@Smaulgld) October 9, 2017
Obama 2014 "I've got a pen and I've got a phone"https://t.co/cD3dmlXUpm
Now
Trump channels Obama's frustration that he isn't a dictator. https://t.co/LUgAJNLghm— Smaulgld (@Smaulgld) October 10, 2017
Golden loophole allows traders to import Gold into India more cheaply from Indonesia than from other countries https://t.co/6fpiI0Zf61
— Smaulgld (@Smaulgld) October 10, 2017
China says will have no problem meeting 2017 growth target,may beat it https://t.co/7AaNaJv9h7 No Worries Borrow More CentralPlanning Works
— Smaulgld (@Smaulgld) October 10, 2017
Why Stop Now?
BOJ Governor Kuroda pledges to stick with quantitative easing https://t.co/0DaFxAKveY— Smaulgld (@Smaulgld) October 10, 2017
Fact: Bank of Canada has NO #Gold and its Sovereign Debt Rating is AAA
— Smaulgld (@Smaulgld) October 10, 2017
You can soon buy and store #bitcoin #litecoin directly with this British “neobank” https://t.co/eefES25Bjw @lampidicsparrow @tjgmarks
— Smaulgld (@Smaulgld) October 11, 2017
.@johnjhardy Where's support for statement"[China]has announced intention of buying oil in yuan/allowing trade to settle that yuan in gold'?
— Smaulgld (@Smaulgld) October 11, 2017
JP Morgan rethinks: There's money to be made in that "Bitcoin Fraud…" https://t.co/TuVP9UZhjo
— Smaulgld (@Smaulgld) October 12, 2017
Why Fidelity Investments Is Mining #Bitcoin and #Ethereum? https://t.co/3F6k2rkfCs via
Ask Jamie Demon— Smaulgld (@Smaulgld) October 11, 2017
More FAKE NEWS based on the @NAR Gold Backed Yuan Story
Three reasons the world could turn its back on the US dollar https://t.co/H2PgkYkx6a— Smaulgld (@Smaulgld) October 11, 2017
.@daves_folly @zerohedge that story is real. the "gold backed Yuan" story is fake. Here is the back peddling https://t.co/QJF5rVtyRW
— Smaulgld (@Smaulgld) October 13, 2017
Here Comes The Gold Backed Yuan – Without the Gold https://t.co/GA4eW1gVRx
The Latest Gold Pumper Story Debunked— Smaulgld (@Smaulgld) October 13, 2017
#Gold Backed Yuan Story Peddlers lately pic.twitter.com/BrDwYrOsbO
— Smaulgld (@Smaulgld) October 13, 2017
‘Bitcoin Price Will Reach $10,000 in Six to Ten Months,’ Says Mike Novogratz https://t.co/9wKridcCK6 via @Coinspeaker
— Smaulgld (@Smaulgld) October 13, 2017
Noting: “Japan, China, South Korea, Australia, the Philippines, Singapore and Hong Kong among others have introduced necessary regulation to encourage people use digital currencies.”
Coinbase Announced instant #Bitcoin, #Ethereum and #Litecoin purchases on Coinbase” https://t.co/vWInPYc57Y
— Smaulgld (@Smaulgld) October 13, 2017
"Borrow more money than your adversary" Sun Tzu The Art of Central Planning
China new yuan loans rise in September https://t.co/Iep1y4YX2T— Smaulgld (@Smaulgld) October 14, 2017
Wars have been fought over Spice. New worlds discovered because of spice.
"Spice is Money, Everything Else is Just Salt"- J.P. Horgan https://t.co/M0PMroKZnR— Smaulgld (@Smaulgld) October 14, 2017
Before the story changed to "the gold will be sourced outside china" was the contention the gold would come from SGE https://t.co/U04aH4vGO7
— Smaulgld (@Smaulgld) October 14, 2017
MORE b/4 story changed to "gold will be sourced from outside china" story was gold to come from SGE: https://t.co/Etc6h7ky9g @KoosJansen pic.twitter.com/AafOYa7TzW
— Smaulgld (@Smaulgld) October 14, 2017
8/24 gold sourced from SGE https://t.co/Etc6h7ky9g
Story changes
9/14 Gold sourced OUTSIDE China https://t.co/29qvTVgToU @KoosJansen— Smaulgld (@Smaulgld) October 14, 2017
Litecoin Roils Global Markets with another $3 gain. What does $63 Litecoin mean? Analysts say GAME CHANGER https://t.co/VPJBFHXxxS
— Smaulgld (@Smaulgld) October 14, 2017
Health Insurance stocks, which have gone through the roof during the ObamaCare years, plunged yesterday after I ended their Dems windfall!
— Donald J. Trump (@realDonaldTrump) October 14, 2017
But China has Gold! they play the Long Game! Art of War -don't you know? https://t.co/fpgFUq0VnR
— Smaulgld (@Smaulgld) October 15, 2017
THE CURIOUS CASE OF THE GOLD BACKED YUAN STORY JUST GOT CURIOUSERhttps://t.co/GRxVmyAB6u #gold
— Smaulgld (@Smaulgld) October 15, 2017
The Gold-Backed-Oil-Yuan Futures Contract Myth https://t.co/9I1Jw9kJOk @Smaulgld @anasalhajji @johnjhardy @PopescuCo pic.twitter.com/1sK093fRn9
— Jan Nieuwenhuijs (@JanGold_) October 15, 2017
Here are the stories we wrote, followed or commented on:
October 10, 2017
From Smaulgld.com
WORST SEPTEMBER EVER FOR AMERICAN GOLD BUFFALO SALES
US Mint Sales Update
U.S. Mint reported selling 150,000 American Silver Eagles and 2,000 American Gold Eagles today.
MTD American Silver Eagles sold 300,000 & American Gold Eagles sold 4,500
YTD American Silver Eagles sold 16,198,500/American Gold Eagles sold 174,500
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling 1,000 American Gold Buffalo coins.
MTD 2,000 sold
YTD 78,500 sold
The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 35,000. The US Mint sold 0 Frederick Douglas National Historical Site ATB coins and 0 of the Ozark National Scenic Riverways.
The US Mint sold 0 Ellis Island ATB coins today
Total YTD ATB coin sales 35,000 Effigy Mounds National Monument coins, 20,000 Frederick Douglas National Historical Site, 20,000 Ozark National Scenic Riverways ATB coins and 40,000 Ellis Island ATB coins. Total 115,000
October 11, 2017
October 12, 2017
From Smaulgld.com
HERE COMES THE GOLD BACKED YUAN – WITHOUT THE GOLD
Fed Chatter
Fed’s Brainard sees merits to allowing higher inflation after future recessions
Bullard: Fed ‘should defend’ inflation target or risk losing credibility
FED’S POWELL SAYS GRADUAL FED POLICY NORMALIZATION TO CONTINUE
POWELL SAYS RISKS FROM EMERGING MKT CORPORATE DEBT SIGNIFICANT
Louis Cammarosano: A Collapsing Economy vs Physical Gold & Silver
Gold
Motilal Oswal, MMTC-PAMP launch digital gold service
De-Dollarization
China establishes yuan-ruble payment system
October 13, 2017
From Smaulgld.com
CENTRAL BANK OF KAZAKHSTAN GOLD RESERVES TOP SPAIN’S IN AUGUST
Jamie Dimon on Bitcoin AGAIN!
US Economic Data
Retail sales 1.6%, Exp. 1.7%
Retail sales ex Autos 1.0%, Exp. 0.9%
Core CPI 1.7%, Exp. 1.8%
CPI 2.2%, Exp. 2.3%
UMich 101.1, Exp. 95.0
Fed Chatter
Fed’s Evans: An increase in U.S. inflation is a priority
Fischer- Trump should reappoint Yellen
US Mint Sales Update
U.S. Mint reported selling 0 American Silver Eagles and 1,000 American Gold Eagles today.
MTD American Silver Eagles sold 300,000 & American Gold Eagles sold 5,500
YTD American Silver Eagles sold 16,198,500/American Gold Eagles sold 175,500
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
The U.S. Mint reported selling 0 American Gold Buffalo coins.
MTD 2,000 sold
YTD 78,500 sold
The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 today – the Effigy Mounds National Monument coin. YTD Effigy Mounds ATB coins 35,000. The US Mint sold 0 Frederick Douglas National Historical Site ATB coins and 0 of the Ozark National Scenic Riverways.
The US Mint sold 0 Ellis Island ATB coins today
Total YTD ATB coin sales 35,000 Effigy Mounds National Monument coins, 20,000 Frederick Douglas National Historical Site, 20,000 Ozark National Scenic Riverways ATB coins and 40,000 Ellis Island ATB coins. Total 115,000
October 14, 2017
From Smaulgld.com
THE CURIOUS CASE OF THE GOLD BACKED YUAN STORY JUST GOT CURIOUSER
Smaulgld on X22 report
When The Global Economy Implodes The Catalyst Might Be China:Louis Cammarosano
US Economic Data
Check out all the Smaulgld podcasts here.
Not a Smaulgld subscriber? Sign up here.
Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
Sign Up For Smaulgld.com Updates Here!
Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
Sign Up For Smaulgld.com Updates Here!
Compare American Silver Eagles for sale at:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Donate To Smaulgld.com via paypal
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Compare American Silver Eagles for sale at:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
-----------------------------------------
If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.
Please consider making a small (or large!) donation to Smaulgld.com. Thanks!
Get Free Updates From Smaulgld.com
Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.
Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.
You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the BGASC, Money Metals Exchange, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion and Canadian Mint ads on the site.
Browse Collectible Coins on Amazon
*DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site. Smaulgld may hold positions in any or all the assets discussed in this blog post.
Disclaimer: Information presented here has been obtained from third parties and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.
The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.
Send Litecoin to this address:
