Markets are blowing hot and cold out of both sides of their mouth, but stasis never lasts long. Dollar index scooted & scrabbled back up 21 basis points (0.23%) today, but is still hanging over the precipice ready to try flying without wings. Closed at 93.52, sending no message of higher prices. Stocks eased off across the board. Dow fell 41.42 (0.19%) to 22,077. S&P500 dropped 5.99 (0.24%). Maybe the S&P500 said something after all. Look here, http://schrts.co/vtdPMb It fell clean to the 20 day moving average, and down out of that rising wedge. A little more might send it falling far more. Gold today gave up $1.80 to $1,256.40 on Comex while silver gained 13.9¢ to 1636¢. Gold's picture is right here, http://schrts.co/GmkfUh Still appears likely to hit that combined 50 day moving average ($1,253.7) & downtrend line from July 2016 (about $1,254). Expect this correction to end this week. Behold, silver! http://schrts.co/o96FnV Silver closed right at the 20 DA (1637¢). Low yesterday was 1609.5¢. Area around 1600¢ is likely site of a turnaround, if yesterday wasn't already the low. I note that revolutionary feminism, which feeds on envy and bitter resentment, demanded the head of another victim at Google yesterday. Seems we have freedom of speech as long as we don't use it against the revolution that, instead of advancing women, has degraded them. Anyone now who insists on and rejoices (as I do) in the obvious fact that women and men are NOT interchangeable is ipso facto an Enemy of the Revolution subject to scorched earth destruction. At some point eternal truth always asserts itself, no longer how long or how fiercely men suppress it. SPECIAL OFFERS Here are Special Offers, based on spot gold at $1,260, so y'all can take advantage of the low gold price. Note that the prices below are INDICATIONS only. The premium won't change, but you have to call in your order and we will fix the price based on spot gold at that time. If spot is higher, they'll be higher; if lower, lower. SPECIAL OFFER No. 1: ASSORTED TWENTY FRANCS Napoleon Bonaparte, as emperor of France, reformed the French monetary system after the Revolutionary inflation destroyed the currency. He settled on a 90% fine (21.6 karat) 20 franc coin containing 0.1867 troy ounce of gold, and on that founded the Latin Monetary Union. All the nations who joined that union minted their gold coins to the same standard: French 20 francs, Swiss 20 francs, Belgian 20 francs, Italian 20 Lira, Greek 20 drachmai, Serbia, Bulgaria, Albania, and on and on. Thanks to the big French empire, 20 franc coins of all the LMU nations rate as one of the world's most popular gold coins, & are traded all over the globe. I have MOSTLY French 20 franc Roosters & Napoleon III types. There are a few Angel types, but add a dollar for those. I also have some Swiss 20 francs. At $1,260 spot gold, one lot of ten would cost (10 x $246.60)=$2,466.00 plus $35 shipping, $2,501 in all. That's a 4.8% premium over spot gold. Remember, this is only an INDICATION, so if spot gold is higher, the coins will be higher, if lower, then lower. One lot contains 1.867 troy ounces of fine gold. One lot is ten coins, & you may order multiple lots. We will charge only one $35 shipping fee no matter how many lots you order. Order 50 or more, subtract 25¢ per coin; order 100, subtract 50¢ per coin. OFFER NO. 2, GOLD BRITISH SOVEREIGN The British empire's size and longevity made the British sovereign (one pound sterling) the most common and well-recognized gold coin in the world. Minted from 1818 until today, they are 22 karat (91-2/3% pure gold) & contain 0.2354 troy ounce fine gold. These are mildly circulated coins, in my choice of types: Jubilee Head Victoria, Veiled Head Victoria, Edward VII, George V, or even Elizabeth I. All have the same reverse, Pistrucci's 1818 St. George slaying the dragon, with the reigning sovereign obverse. At $1,260 spot gold, one lot of Ten (10) sovereigns would cost $310.60 each for a total of $3,106.00 + $35 shipping and a grand total of $3,141 for 2.3540 troy oz fine gold. That's a 4.7% premium over melt. Offer lasts only as long as supply lasts. Order 50 or more, subtract 25¢ per coin; order 100, subtract 50¢ per coin. HOW TO ORDER: BY PHONE ONLY Here's how to order: call us at (888) 828-9226 or (931) 766-6066 and we will enter the order based on the gold spot price then current -- higher or lower than the prices shown above. whether you want Eagles or Maples, and whether you will substitute one for the other. Special Conditions: Sorry, we will not take orders for less than the minimum shown above. All sales on a strict "no-nag" basis. We will ship as soon as your check clears, but we allow One week (7 days) for your check to clear. Calls looking for your order two days after we receive your check will be politely and patiently rebuffed. ORDERING INSTRUCTIONS: 1. You may order by only by phoning (931) 766-6066. Sorry, we can't ship into Tennessee or outside the United States. 2. When you buy from us, we cannot later change or cancel the trade. We are giving you our word that we will sell at that price, & you are giving us your word that you will buy at that price, regardless what later happens in the market, up or down. If you break your word to us, we will never again do business with you. 3. Once your order is filled, we will e-mail you a confirmation. 4. You must send payment by personal check or bank wire (either one is fine) within 48 hours. Check just needs to be in the mail, not in our hands, in 48 hours. Sorry, no credit cards. Want your order faster? Send a bank wire, but that's not required. Once we ship, the post office takes four to fourteen days to get the registered mail package to you. All in all, if you send a check you'll see your order in two to thee weeks; a wire, about a week.
Argentum et aurum comparanda sunt —
Silver and gold must be bought.
— Franklin Sanders, The Moneychanger
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