SWOT Analysis: Where Will Gold Go Following Presidential Election?

Strengths
The best performing precious metal for the week was silver, up 3.69 percent. Weakness in the U. S. dollar began to materialize this week, benefiting the precious metals sector. With polls increasingly tight ahead of the U. S. elections on November 8, gold’s upside will persist, according to a note from UBS this week. In fact, as seen in the chart below, the U. S. Mint has already seen gold-coin sales in the U. S. climb to the highest since January. Additional positive news for the yellow metal comes from HSBC who reports that physical gold demand from China remains steady with the SGE premium trading between $4 and $6 per ounce.

This post was published at GoldSeek on 7 November 2016.

This is ‘Unusual Outside a Recession Period’: New York Fed Grapples with Weak Demand

The red flag: ‘slump’ in imports despite the Strong Dollar
The dollar has strengthened against other currencies since mid-2014 as the Fed was tapering QE Infinity out of existence, and as it began flip-flopping about rate increases. Dollar strength should have done two things in terms of international trade:
Weaken exports as US goods would become less competitive for buyers using other currencies; Strengthen imports as imported goods would be cheaper compared to US-made goods. The first has happened. But the second has not happened: Imports have been in a down-trend since mid-2015. This is something that should not happen when the dollar is strong, and it has flummoxed the folks at the New York Fed’s Liberty Street Economics:
The growth in US imports of goods has been stubbornly low since the second quarter of 2015, with an average annual growth rate of 0.7%. Growth has been even weaker for non-oil imports, which have increased at an average annual rate of only 0.1%.

This post was published at Wolf Street on November 7, 2016.

Florida, Florida, Florida: National Race A Dead-Heat As Polls Swing In Toss-Up States

As the 2016 Presidential campaign comes to a frenetic end, with both candidates frantically hopping from rally to rally across several key swing states, RealClearPolitics made two significant shifts in its electoral college map.
1. Shifting Florida from Clinton to Trump as the latest Trafalgar Group poll showed Trump up by 4 points…
2. Shifting New Hampshire from Trump to Clinton as the latest Emerson poll showed Clinton up by 1 point…
Which left the electoral map in an almost dead-heat on election eve…

This post was published at Zero Hedge on Nov 7, 2016.

Latest Project Veritas Bombshell: Undercover Journalist In Full Burka Offered Huma Abedin’s Ballot In NYC

As democrats and George Soros continue to funnel millions of dollars into lawsuits to fight voter ID laws around the country, Project Veritas continues to reveal just how simple it is to take advantage of the current system to commit voter fraud. The latest example comes from New York City as an undercover Project Veritas journalist walks into a polling station wearing a full burka and requests the ballot of one Huma Abedin.
Election Official: ‘But your name is not in the book. For some reason it’s not here, but that doesn’t mean you can’t vote by paper ballot. You just can’t vote by machine.”
Project Veritas Journalist: ‘So I can vote as Huma Abedin, but just with the paper ballot?’
Election Official: ‘Whatever you want.’


This post was published at Zero Hedge on Nov 7, 2016.

The Central Bankers Need One More Thing To Transform The US Into A Fascist State – Episode 1121a

The following video was published by X22Report on Nov 7, 2016
The Fed’s job indicator continues to plunge no matter how many manipulated revisions they make. The restaurant sector is most likely entering a recession as more peope stay away from going out to eat. October retail sales are below last years sales. Inflation is starting to move higher, be prepared for dollar devaluation.

Student, Auto Loans Hit New All Time High Of $2.5 Trillion As Consumer Credit Jumps By $19 Billion

The Fed’s latest consumer credit report revealed that in September, overall household credit rose by a greater than expected $19.3 billion, above the $18 billion expected, if below last month’s near-record $26.8 billion.

There were no major surprises in the components of overall credit, with revolving, credit-card debt rising by $4.2 billion, in line with the increase observed in recent months.

This post was published at Zero Hedge on Nov 7, 2016.

$10,000/oz Silver if Mr. TRUMP Drains the ‘Silver Swamp!’? | Bix Weir

Submitted by Bix Weir:
Ok Mr. Trump. You say you want to ‘Drain the Swamp’ but do you understand that doing so will SINK your friends on Wall Street? You should know this…and I think you do.
So I am voting for you because you claim to be a man of your word.
DRAINING THE SWAP MEANS ENDING THE PRICE MANIPULATION OF SILVER!!!
The very moment that the 50 year artificial price suppression of SILVER is lifted the price will SKYROCKET past $10K per ounce. The very moment!
Here’s the 20 things that need to happen if Trump sticks to his word and the SILVER SWAMP is REALLY drained:

This post was published at Silver Doctors By Bix Weir.

We’re All Hedge Funds Now, Part 4: Central Banks Become World’s Biggest Stock Speculators

At first, the idea of central banks intervening in the equity markets was probably seen even by its fans as a temporary measure. But that’s not how government power grabs work. Control once acquired is hard for politicians and their bureaucrats to give up. Which means recent events are completely predictable:
SNB’s U. S. Stock Holdings Hit $62.4 Billion
(Bloomberg) – The value of the Swiss National Bank’s portfolio of U. S. equities rose nearly 1 percent to a record in the three months through September on the back of rallying share prices.
The holdings increased to $62.4 billion from $61.8 billion at the end of June, according to calculations by Bloomberg based on the central bank’s regulatory filing to the U. S. Securities and Exchange Commission and published on Monday.
The central bank had stakes in some 2,500 companies listed in the U. S., according to the SEC filing. Its biggest holdings were Apple Inc., Microsoft Corp. and Exxon Mobil Corp., according to data compiled by Bloomberg.

This post was published at DollarCollapse on NOVEMBER 7, 2016.

Everything Is Now In Place For The Deep State To Manipulate The Election – Episode 1121b

The following video was published by X22Report on Nov 7, 2016
US drops in ranking for the most corrupt country. NSA spying is worse than ever since the reform. US decimated mosul by dropping incredible amount of bombs killing civilians and those who oppose the puppet government. Turkey and the US make a plan to hold and keep Raqqau. Comey drops the case against Clinton, this is part of the psyop to show that there is nothing to look at and to sway the elections. The deep state has everything in place to try to manipulate the elections in favor for their candidate. If things get out of hand they will use an event. The Federal Reserve is planning for sometype of crisis and is holding training in certain areas.

New Gold Price Prediction Following the Election

Money Morning Resource Specialist Peter Krauth just revealed his new bullish 2016 gold price prediction for after the U. S. presidential election. In it, he describes how gold should outperform the markets over the next month.
And the election isn’t the only reason he’s bullish on gold…
Krauth says there’s another major event that should send gold prices higher in his 2016 gold price prediction.
Before we get to that, here’s why gold prices have been volatile ahead of the election…
Gold Price Volatility Continues in 2016
On Oct. 28, FBI Director James Comey announced the FBI discovered new emails in the Hillary Clinton email scandal.
The new emails were found because of an investigation of Anthony Weiner, a former congressman accused of sending illicit messages to a minor. Weiner’s wife, Huma Abdein, who is a top Clinton aide, used Weiner’s laptop to send messages to Clinton.
According to USA Today historical poll averages, 45% of voters were voting for Clinton as of Oct. 27, compared to 40.4% for Donald Trump.

This post was published at Wall Street Examiner on November 7, 2016.

One Frustrated Millennial Explains “How I Went From Voting For Obama In ’08 To Trump In ’16”

I truly believe this election is not about Republicans versus Democrats. This is an election for change, for someone who wants to reduce taxes and the power of government, versus someone who wants to strengthen its strangle hold of debt on the American people.
A true career Washington insider versus the ultimate unscripted, unpolished outsider. Someone who has enriched themselves with a career in business versus a politician who is now worth over 250 million and runs a foundation who took foreign donations from countries that violate human rights for favors while acting as Secretary of state.
I am not a journalist.
I am an ordinary US citizen concerned with the direction of our country. I come from a hard-working middle class family, people who believe the American dream is possible.
I was born in Staten Island, NY, but grew up in a small town with my father and sister in New Jersey. Being a single parent, my father struggled but always put his children first.

This post was published at Zero Hedge on Nov 7, 2016.

Hillary Steals The Presidency While Atlas Shrugs

Must have been some kind of time/space warp while we slept last night… today Obama says if illegals vote they become a citizen and the NY Post headline is the Filipino maid who printed Hillary’s classified emails then Comey bails on 650,000 damning emails. F#%k me Dave, I feel like I’m on LSD. – email from a reader
About 12 years ago I was chatting with the friend who dragged me feet-first into the ‘dark side’ and the world of precious metals in 2001. We were discussing Eastman Kodak’s likely demise a few years before the Company went into the tank. We knew a 2008-type event was going to happen at some point. At the time, we said that eventually we would see events occur in this country that would blow our minds. Mind you, this was a couple years after Enron, 9/11 (which we knew was a Government false-flag operation), Bernie Madoff and the U. S.’ illegal invasion based on admitted (eventually) lies propagated by Colin Powell.
I have to say, the way in which Hillary Clinton’s criminal organization has gained complete control over the political and justice system and the media in this country is truly mind-blowing. Hillary is a criminally insane sociopath. That point is unequivocally inarguable. But the true Devil in her organization is John Podesta, who’s persona has been made available to anyone willing to spend time reading just a portion of the ‘Podesta’ emails given to us by Wikileaks.

This post was published at Investment Research Dynamics on November 7, 2016.

Goldman Warns Of “One Of The Largest VIX Dislocations On Record”

The VIX has increased on nine consecutive sessions, a new record; and the term structure of SPX implied volatility is now steeply inverted, pricing in a potential wide swing over election week. However, as Goldman Sachs notes, although the VIX is up, the market hasn’t actually been moving that much and that has led to one of the largest VIX dislocations on record. In fact, VIX has overshot its typical beta to the SPX by 5 vol points.
After the jump in shorter-dated risk, the term structure of SPX implied volatility is now steeply inverted, pricing in a potential wide swing in the S&P 500 index during election week (Exhibit 1).

This post was published at Zero Hedge on Nov 7, 2016.

NOV 7/GOLD BOMBED ONE DAY BEFORE ELECTION AS THE DOW RISES 371 POINTS/ APPROVAL RATING FOR FRENCH PRESIDENT HOLLANDE DOWN TO 4%/THE BIG STORY: COMEY CLEARS CLINTON ON THE EMAIL SCANDAL BUT THE FO…

Gold closed at $1278.30 down $25.00
silver closed at $18.13: down 21 cents.
Access market prices:
Gold: 1281.75
Silver: 18.22
THE DAILY GOLD FIX REPORT FROM SHANGHAI AND LONDON
The Shanghai fix is at 10:15 pm est and 2:15 am est
The fix for London is at 5:30 am est (first fix) and 10 am est (second fix)
Thus Shanghai’s second fix corresponds to 195 minutes before London’s first fix.
And now the fix recordings:
Shanghai morning fix Nov 7 (10:15 pm est last night): $ 1297.02
NY ACCESS PRICE: $1293.00 (AT THE EXACT SAME TIME)
Shanghai afternoon fix: 2: 15 am est (second fix/early morning):$ 1293.91
NY ACCESS PRICE: 1289.00 (AT THE EXACT SAME TIME/2:15 am)
HUGE SPREAD TODAY!! 4 dollars
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
London Fix: Nov 7: 5:30 am est: $1286.80 (NY: same time: $1284.90: 5:30AM)
London Second fix Nov 7: 10 am est: $1283.05 (NY same time: $1284.40 , 10 AM)
seems that Shanghai pricing is higher than the other two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price. This should drain the comex.
Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.

This post was published at Harvey Organ Blog on November 7, 2016.

Newsweek Calls It: “Madam President Clinton” Hits The Shelves Due To A “Business Decision”

From the Editors: 2 special edition covers for 2016 election outcomes were produced by a Newsweek licensee, Topix Media, and not by Newsweek pic.twitter.com/MwC4RytGbC
— Newsweek (@Newsweek) November 7, 2016

With still over a day to go until the earliest possible result from tomorrow’s presidential election, a part of the blogosphere and conservative media was up in arms over a commemorative Newsweek cover depicting “Madam President” which appeared in print as early as Saturday.
The website adds that “Trump supporters reacted to the images with a mixture of anger and disbelief.”
We were initially skeptical: the more likely – and innocent – explanation was that Newsweek had simply prepared not one but two commemorative editions as a contingency, one in case Hillary wins, the other profiling a Trump victory, so they are ready to be distributed bright and early on Wednesday morning. And, we would expect, both editions would have already been printed and ready for pick up.

This post was published at Zero Hedge on Nov 7, 2016.

Greenspan Predicts Bond Yields Rising As High As 5%

While the world has learned to take Alan Greenspan’s forecasts with a grain of salt, earlier today the former Fed chairman was on Bloomberg TV with another bombastic prediction, warning of a substantial surge in US long-term interest rates should “inflation take hold.”
In the interview, Greenspan said that ‘if the early stages of inflation, which are now developing, would take hold, you could get — fairly soon — a fairly major shift away from these extraordinarily low yields on 10-year notes, for example,’ Greenspan said in an interview on Bloomberg Television on Monday. ‘I think up in the area of 3 to 4, or 5 percent, eventually. That’s what it’s been historically.”
Greenspan emphasized his often-repeated point that such low rates are unsustainable in the longer run, and said that he sees nascent inflation as the possible end to the bond bull market. ‘We’re moving into the very early stages of inflation acceleration,’ Greenspan said. ‘That could be the trigger.’

This post was published at Zero Hedge on Nov 7, 2016.

Silver’s Roadmap

History tends to repeat itself and the more similarities to a past pattern we have, the bigger likelihood that it will continue to repeat. The day-to-date price swings of silver may seem erratic, but from a broader point of view, they are repeating – to a great extent – the same pattern that we saw in the past. The most interesting thing is what followed that past pattern.

Let’s take a look at the charts (charts courtesy of

This post was published at SilverSeek on November 7, 2016.