Since I was traveling on vacation last week, and did not write a weekly report, I want to use this opportunity to update the previous analysis and model positioning for the current environment. If it becomes detached from economic reality, like a clock that no longer tells the right time, it becomes a hazard to everyone.
Our Daily Pfennig® Currency of the Month series has traveled the world of actively traded currencies since relaunching coverage in early 2015, but the one major currency that has been conspicuously absent from our microscope has been the U.S.
Greg Hunter does a nice job, and asked me to appear — here it is, embedded at the bottom. Since the recent ruling by The Hague in favor of the Philippines and against China over the South China Sea, Southeast Asia has been engulfed on how to respond. In the end, at a summit in Vientiane, Laos, the 10-nation Association of Southeast Asian Nations (ASEAN) and China finally settled for that household mantra – “defusing tensions”. On the heels of gold and silver surging as the mining stocks hit new multi-year highs, China’s shocking plan to push gold over $10,000 is part of the world over the world’s monetary system. The Bank of England will slash its UK growth forecasts this week as policymakers unveil a package of stimulus measures designed to shore up the economy after the Brexit vote. Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.
Indianapolis -- There isn't going to be much change on the Packers' roster this off-season, especially on offense.

Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music.
Our roundtable guests talk about their roles as agents and being acknowledged by their clients. The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll. This is particularly important as we enter into what has historically been two of the most dangerous months of the year. Armstrong, As you have stressed many times, your Socrates computer system has hundreds of years of data.
What he can do is perhaps pave the way to change what is coming, which is a new form of government. From the financial press to most economists, no one here sees China as a threat to our way of life. But , there is a reasonable chance Green Bay loses its all-time receiving leader, Donald Driver. It’s never safe to trade against the intermediate trend unless it is very late in the intermediate cycle.

That will change, though, once gold assumes, as it will, a starring monetary role – benefiting China, sending gold soaring, and harming the U.S….
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