http://illuminatisilver.comhttp://facebook.com/illuminatisilverGold and Silver weekly Update – w/e 15th December 2017
Today is Sunday 17th December 2017 and we are providing our gold and silver weekly update for the week ending 15th December
Gold rose $6 last week from $1,248 to $1,254 having hit a high of $1,261 and a low of $1,237. In sterling terms gold finished the week at £941 that’s up £9, and in Euros it closed at 1,067 Euros that’s up 7 Euros on the week.
Silver rose 21 cents from $15.84 to $16.05 having hit a high of $16.14 and a low of $15.64. In sterling terms it closed at £12.04 that’s up 21 pence for the week and in Euros it closed at 13.66 euros that’s up 0.21 euros.
The Gold to Silver Ratio fell slightly from 78.78:1 to 78.13:1
The Dow Jones closed on Friday at 24,651 up 143 points on the day and up 322 points on the week, and the NASDAQ closed at 6,936 up 80 points on the day and up 96 points on the week.
Brent Crude fell 17 cents from $63.40 to $63.23 and US Light Crude fell 6 cents from $57.36 to $57.30
The dollar index stands at 93.93 up 0.03 on the week.
Gold moved back and forth last week ending a little stronger on Friday but falling back from the week’s peak. We did notice that both the highs and lows were lower than the previous week, which suggests to us that this small rally is unconvincing.
Gold should have risen more, especially, as we predicted the FED raised interest rates once again but were rather dovish about the level of rate rises for 2018 and 2019 – citing 3 rises per year – albeit small ones. So 3 raises this year despite Peter Schiff claiming that the FED could never raise interest rates again in the middle of 2016 and four having occurred since then. GDP figures for September were raised from 2.1% to 2.5% and inflation for 2018 has been forecast at 1.6% falling from the envisaged 1.7% - so frankly we should have seen a more robust recovery from gold.
That said, the start of the New Year has certainly in recent years seen a rise in precious metal prices, but we believe this will be tempered by the apparent attractiveness of bitcoin as an alternative – albeit a short term one and also the likelihood that the Trump Tax Plan will pass the Senate on Tuesday – thereby potentially causing stock markets to rise even further and putting a further dampening pressure on gold.
Silver rose again Friday and seems to like the $16 level. Many analysts believe that $15.50 is an incredibly strong floor while $18 is an incredibly strong ceiling and that vacillation between these amounts is what we are to expect over coming months. We don’t disagree, save that we can see silver dipping closer to $15 but hey what’s 50 cents?
Gold and silver prices are now going to obtain their direction from 2 key areas short term – the value of the dollar and any infraction with North Korea – both of which can cause higher precious metal prices. The Mueller investigation can also play its part, especially, if, as some commentators are suggesting, that President Trump sacks Mueller later this week. We shall have to wait and see – though we know he’s capable of it, the advice his lawyers are giving him is very different to that course of action.
So we have an interesting week ahead – at least politically and to be frank, we are not expecting any great excitement in either direction for precious metal prices save the caveats we have mentioned.
Please view our latest videos:
Gold and Silver weekly Update – w/e 8th December 2017
https://youtu.be/giv2bKiy2HYGold and Silver weekly Update – w/e 1st December 2017
https://youtu.be/dGGrfDMqFswGold and Silver weekly Update – w/e 24th November 2017
https://youtu.be/rvrxc4bgUgQGold and Silver weekly Update – w/e 17th November 2017
https://youtu.be/sq1HUZCAECkGold and Silver weekly Update – w/e 10th November 2017
https://youtu.be/75sdCys_zZEGold and Silver weekly Update – w/e 3rd November 2017
https://youtu.be/xKF2_wReUp4Gold and Silver weekly Update – w/e 27th October 2017
https://youtu.be/19Euz_EYzE8Gold and Silver weekly Update – w/e 20th October 2017
https://youtu.be/4oi9GBc-aBgGold and Silver weekly Update – w/e 13th October 2017
https://youtu.be/BuCbGfXQ_ZoGold and Silver weekly Update – w/e 6th October 2017
https://youtu.be/8ezGgcX0UtAGold and Silver weekly Update – w/e 29th September 2017
https://youtu.be/xyZTEgOYgO0Gold and Silver weekly Update – w/e 22nd September 2017
https://youtu.be/wiutKW-hQnAGold and Silver weekly Update – w/e 15th September 2017
https://youtu.be/WQVfRxRL3XAWhy President Trump will deal with the Democrats.
https://youtu.be/Bq6GYP4E5vYGold and Silver weekly Update – w/e 8th September 2017
https://youtu.be/ioaJ4ciUw1QGold and Silver weekly Update – w/e 1st September 2017
https://youtu.be/LlWmSZHAnkEGold and Silver weekly Update – w/e 25th August 2017
https://youtu.be/X354VBI2MjUGold and Silver weekly Update – w/e 18th August 2017
https://youtu.be/ice-Iz2uODwAbout the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Music Video Generator
Random Pets and Animals Video Generator
Random Sports Video Generator
Random Travel and Events Video Generator
Random Gaming Video Generator
Random People and Blogs Video Generator
Random Comedy Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
Random Education Video Generator
Random Science and Technology Video Generator
Random Nonprofits and Activism Video Generator
