A chuckle is what we often get from reading anything by Stewart Thomson. He has again posted one of his paid newsletters in the clear, so we’ve republished it. Mainly because he has some different views on interest rate rises.
What are they?
Well, he thinks the odds are high the Fed will raise rates in September. We wonder if they are that likely, however he has some interesting points about the impact of this on silver particularly that are worth reading. The charts below also seem to show that the gold miners may well have (finally!) bottomed…
By Stewart Thomson
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Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland Updates daily between 4am-7am. They are sent out around 8am-9am. The newsletter is attractively priced and the format is a unique numbered point form. Giving clarity of each point and saving valuable reading time.
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Stewart Thomson is no longer an investment advisor. The information provided by Stewart and Graceland Updates is for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple properly licensed, experienced and qualified investment advisors and get numerous opinions before taking any action. Your minimum risk on any investment in the world is: 100% loss of all your money. You may be taking or preparing to take leveraged positions in investments and not know it, exposing yourself to unlimited risks. This is highly concerning if you are an investor in any derivatives products. There is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off officially. The bottom line:
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