Bill Holter’s Commentary
Is there any significance to this? I guess we will soon see!
Google Founders Larry Page And Sergey Brin Stepping Down As CEO And President
December 3, 2019
Google’s founders Larry Page and Sergey Brin — who built the tech giant 20 years ago with servers in a garage — announced on Tuesday that they are stepping down as CEO and president, respectively, from the company.
Sundar Pichai will be the new CEO of Google and its parent company, Alphabet Inc., effective immediately, according to a statement from the company.
Page and Brin co-founded the company in 1998 and led it to becoming the international tech industry leader it is today. The two will remain active at Alphabet Inc. as co-founders, shareholders and board members, the company said.
J. Johnson’s Latest – Me?? I’m Suggesting Physical Silver and Gold in Hand!
December 5, 2019
Great and Wonderful Thursday Morning Folks,
Gold is trading in the positive with the February contract at $1,481.80. up $1.60 and close to the high of $1,483.70 inside a tight $5.40 trading range with the low at $1,478.30. Silver is up 3.9 cents with the March contract at $16.955 and close to the high right at the $17 marker with the low at $16.870. The December US Dollar contract, which comes off the board on the 16th, to start the Triple Witch Week Roll Over, is now trading at 97.425, down 17.7 points, and a half a point off the low with the high still not that far away at 97.555. All of this of course, already happened before 5 am pst, the Comex open, and the London close.
Venezuela, a nation that has already crushed its currency in order to blow out all its manufacturing competition, now has Gold trading at 14,799.48, taking back 14.98 Bolivar from yesterday’s quote with Silver at 169.338 Bolivar, it too taking back 2.747 of value. In Argentina, another nation that has devalued its currency against our fiats value, now has Gold priced at 88,625.31 taking back 134.38 in A-Peso value with Silver now trading at 1,014.00 A-Pesos showing a loss of 17.03. The Lira, now has Gold valued at 8,533.65 proving a gain of 20.65 in the Turkish currency with Silver at 97.6429 T-Lira showing a loss of 1.244 in the overnight.
Red Silver’s Delivery Demands now stand at 1,002 fully paid for contracts proving a reduction of 245 as of this morning and with a trading range between $16.84 and $16.78 with a Volume of 42 already up on the board with the last trade at the low $16.780. Yesterday’s Volume exceeded the amount of Open Interest reduction in the deliveries, but I failed to acquire the final numbers before they were erased from my view. Silver would be naturally traveling higher in price if it wasn’t for these papered contracts created by the centrals in order to keep the price under control. This fact is evident with each passing day with todays Total Open Interest at 208,350 Overnighters, proving the point that 2,339 more pieces of paper had to be applied without the banks having the same restrictions on paper like the planet restricts the metal.