Turkish Lira Gets Slammed After Tariffs Slapped on Aluminum and Steel.
Turkish President Erdoğan Urges Turks to Sell Their Gold For Lira.
Erdoğan had recently exhorted Turks to buy gold.
NEW! The Smaulgld Store is Now Open – Click to Visit the Smaulgld Store
Smaulgld Super Classic Mug – $23.99 with Free Shipping in the Continental United States.
Smaulgld Classic Mug – $19.99 with Free Shipping in the Continental United States.
Take Smaulgld To Go!
Smaulgld Livestream – August 10, 2018
Last night’s live stream discussed the currency crisis in Turkey and the President of Turkey’s reaction.
Watch the video companion to “Turkey’s President Says Buy Gold/Sell Gold as Turkish Lira Craters”
Compare American Silver Eagles for sale at:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin.*
Resources
From 2017 – “Turkey Gets Serious About Gold”
Turkey
I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!
— Donald J. Trump (@realDonaldTrump) August 10, 2018
https://twitter.com/Smaulgld/status/1026488536126681088
https://twitter.com/Smaulgld/status/1026832409168420864
https://twitter.com/Smaulgld/status/1027150369321832449
https://twitter.com/Smaulgld/status/1027532638331056129
https://twitter.com/Smaulgld/status/1027542154271490048
Turkey’s plummeting lira is sending ripples of fear through global markets today https://t.co/O1u4Cc3XaI pic.twitter.com/HF15vKR5rp
— National Post (@nationalpost) August 10, 2018
I'm sorry, but when I hear a country's leader pleading that citizens sell their gold and deposit the money, I say "Game Over."https://t.co/YtoJdqGJqP
— Ed van der Walt (@EdVanDerWalt) August 10, 2018
https://twitter.com/Smaulgld/status/1027914195852058629
https://twitter.com/Smaulgld/status/1027915319497637890
I can’t remember the last time I saw FX depreciation of up to 20%.
Thanks to Lord Erdogan. https://t.co/WtoFbvKSXU
— Michael (@lampidicsparrow) August 10, 2018
https://twitter.com/Smaulgld/status/1027916523728457729
https://twitter.com/Smaulgld/status/1027871070504804352
https://twitter.com/Smaulgld/status/1027869950013308928
https://twitter.com/Smaulgld/status/1027922883224457216
https://twitter.com/Smaulgld/status/1027923109071020035
https://twitter.com/Smaulgld/status/1027934334500646913
Foreign Bank exposure to Turkey (all amounts $USD at end Q4 2017)
– Spain $83bln
– France $37bln
– UK $18.7bln
– US $17.7bln
– Germany $17.5bln
– Italy $16.9bln
– Japan $14blnSource: BIS
— Lawrence McDonald (@Convertbond) August 10, 2018
Russia
https://twitter.com/Smaulgld/status/1027581444393197569
https://twitter.com/Smaulgld/status/1027934569528479751
Kazakhstan
https://twitter.com/Smaulgld/status/1027933782991613955
NEW! The Smaulgld Store is Now Open – Click to Visit the Smaulgld Store
Reasons to Buy and Hoard Mugs
- 1. Mugs have been used for drinking for more than 5,000 years.
- 2. They are finding more uses for mugs every day.
- 3. We could not live our lives without mugs.
- 4. The Russians and Chinese are buying mugs hand over fist.
- 5. Mugs are made in China
- 6. Mugs are hard assets
- 7. Mugs are real wealth
- 8. Mugs can’t go to zero
- 9. Mugs are Portable
- 10.Mugs are drinking vessels, Period.
Wait there is more:
You can mix Mountain House in a mug.
You can carry your barter silver in a mug.
You can do many things with mugs that you can not do with fiat currencies.
Measure your wealth in mugs.
They have Mugs at the offices of JP Morgan and Central Banks -that is all you need to know.
When TSHTF you’ll want to have your Smaulgld mug close by.
Buy your Smaulgld Mug(s) today.
Browse other Smaulgld Essentials
Check out all the Smaulgld podcasts here.
Donate To Smaulgld.com via paypal
Compare Pricing and Shipping on American Gold Eagle Coins
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
SD Bullion
Golden Eagle Coins
Money Metals Exchange
Compare American Silver Eagles for sale at:
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Please consider making a small donation to Smaulgld.com. Thanks!
If you have enjoyed this report, please consider buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.
Get Free Updates From Smaulgld.com
Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.
Browse Collectible Coins on Amazon
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 Goldbroker, Golden Eagle Coin, Money Metals Exchange, SD Bullion and Royal Canadian Mint ads on the site.
*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.
Chart Disclaimer: Information presented here has been obtained from a third party 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:
