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Thursday Conversation - David Brady

25

David Brady of Global Pro Traders stops by for an informative discussion on the stock market, gold and the existence of a yuan-gold "peg".

It has been a a pleasure to get to know David and his appearance today is certainly timely as the ongoing linkage between the yuan and gold seems to be breaking or, at a minimum, resetting.

Over the course of this discussion, we mainly hit upon three points:

  • the growing weakness in the global equity markets
  • the existence of the yuan-gold peg
  • the implications of this peg and the destination to which it is driving the current system

I think you will very much enjoy this podcast and I look forward to bringing David back for future updates.

TF

  25 Comments

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Thomas More
Oct 22, 2018 - 5:07am

I got a bit lost after the

I got a bit lost after the 20th minute when David presented his different scenarios with their implications to gold prices in USD.

Short span of attention on my part? Or no visual graphics to keep my attention focused? Or put away the tea and pay attention.

At any rate if Craig understood - maybe he could go up to the chalkboard and present the ideas for the rest of us to see - please.

AngryCitizen
Oct 20, 2018 - 12:54pm

This was a great podcast, as

This was a great podcast, as Mr. Brady seemed to have a global take on why PMs will come out of the control of our CB, and what needs to happen first. That was refreshing to hear.

Thanks for having him as a guest, Turd.

Libero
Oct 20, 2018 - 10:16am

Sorry, but I do not like the

Sorry, but I do not like the new site. Not reader friendly at all.

AngryCitizen
Oct 18, 2018 - 8:47pm

Smart Guy

Has good argument, backed by data to show what's coming. China's strategic, we're willie-nillie.

But you have him on the physical supply side, Craig. He agreed with your point. Showdown at high noon at the corral.

What happens afterword here in this country? Could easily be an FDR reach into the private pockets to control domestic currency market. When new sight is up, it'd be good to talk about this topic.

DOOGIE
Oct 18, 2018 - 8:36pm

For Inquiring Minds/Serengeti Resources

Fellow Turdites

I have mentioned in the past and private e mailed a few folks here about Serengeti Resources- SIR.V it is my largest holding w ANX # 2

well patience was rewarded in spades today they released some phenomenal drill results today

the stock traded close to 9 million shares and opened off a halt at 60 cents Canadian it has drifted down but this stock has plenty of room to run there are more drill results coming I am not one to recommend chasing a stock but the weak hands are out and I think with these results this is still a very good entry point just my 2 cents

there are a few articles I wrote about SIR on my website in the blog section I will try to post one later

www.kdblueskymarketing.com

streber
Oct 18, 2018 - 8:20pm

A beautiful sight...

$25,000 of #2 yellow corn.

brolgaboy
Oct 18, 2018 - 7:52pm

We are about to go offline

not to worry , metals will continue to disappoint on version 2.0

streber
Oct 18, 2018 - 7:05pm

A couple hours of George Webb (utube) past two

days re Jamal K, but this is a good summary and only ten minutes.

(speed it up to 1.5)

Khashoggi Picked the Wrong Prince

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Marchas45
Oct 18, 2018 - 6:59pm

@Noteriety

Lol different locations. Is he having a conference call with himself. Lol Keep Stacking

imfd
Oct 18, 2018 - 6:57pm

I wonder if the new site

will coincide with the new gold market, it`d be nice to wake up to the new Turdville with gold charts showing a 4% gain. Come to think of it, did this site start around the time of the start of the 2011 decline ? Could be a good omen perhaps.

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