http://illuminatisilver.comhttp://facebook.com/illuminatisilverGold and Silver Update – w/e 27th January 2017
Today is Sunday 29th January 2017 and we are providing our gold and silver weekly update for the week ending 27th January.
Firstly we wish to apologise to all of our listeners as we were without both broadband and our computer system for most of the week which is why no videos were produced. In addition, we have had to change our web designer for the Inner Sanctum which has caused some considerable time allocation and has slightly delayed our launch which we shall apprise you of in another video – also we want the Inner Sanctum to be a very worthwhile experience for you and we want it just right, so please be a little patient with us, as we feel it will be well worth the wait.
Meanwhile;
Gold fell in US dollar terms last week by $18 from $1209 to $1191, having hit a high of $1219 and a low of $1180. In sterling terms gold finished the week at £949 that’s down £28, and in Euros it closed at 1113 Euros that’s down 13 Euros on the week.
Silver rose by 7 cents from $17.07 to $17.14 having reached a high of $17.29 and a low of $16.64. In sterling terms it closed at £13.66 that’s down 14 pence for the week and in Euros it closed at 16.02 euros that’s up 0.08 Euros.
The Gold to Silver Ratio fell from 70.82:1 to 69.49:1
The Dow Jones closed on Friday at 20,093 down 7 points on the day and up 266 points on the week, and the NASDAQ closed at 5660 up 5 points on the day and up 105 points on the week.
Brent Crude was up just 3 cents at $55.52 and US Light Crude was down just 5 cents at $53.17
The dollar index stands at 100.53 that’s down 0.21 on the week.
Last week we stated that precious metal prices would fluctuate but would likely end up down at the end of the week. This was certainly the case with gold, however silver held its own, by a sharp rise on Friday wiping out the week’s losses.
Gold futures posted the longest streak of losses since November as buying from China stopped ahead of its week-long holiday to celebrate the Lunar New Year.
The metal pared earlier losses Friday which were caused originally by the Dow exceeding 20,000, after a report showed U.S. economic growth slowed more than forecast last quarter on the biggest drag from trade in six years and more moderate consumer spending.
Interestingly volatility measured by the VIX index dived to levels unseen in more than two years and the S&P 500 Index climbed to fresh records, the number of bearish bets changing hands relative to bullish ones has fallen to the lowest level since 2009, according to data compiled by Bloomberg.
U.S. Gross Domestic Product grew an annualized 1.9% during the fourth quarter of 2016. This was below the 2.1% forecast. U.S. Durable Goods fell 0.4%, well below the 2.7% estimate, but better than the -4.5% reported last month. Both reports raise questions about the Fed’s ability to raise interest rates without negatively affecting the economy.
The Silver markets broke out during the day on Friday by some 40 cents , but ran into quite a bit of resistance above the $17 level. Technical analysts believe that should prices rise above $17.30 then Silver markets could go much higher. Alternately, if we breakdown below the $16.50 level, Silver markets could drop significantly from that level. Either way, it’s going to be a very volatile market.
This next week will be directed by what happens when markets open tomorrow; we are continuing to sit on our hands, but as far as silver is concerned, any weakness in price may provide a small buying opportunity.
All eyes will be on Friday’s Non-Farm Payroll Report and any further legislative plans announced by President Trump.
Please view our latest videos:
Inauguration Message to President Trump
https://youtu.be/vdqLJYyC4CUTrade War with China is Possible but US likely to win
https://youtu.be/Q9AO4eSbrboGold and Silver Prices during Inauguration Week
https://youtu.be/hAmpWxVuImgInvestment Schizophrenia during a Trump Presidency.
https://youtu.be/4r2dHCU6f-gUS Mint announces new Mixed Race Liberty Gold Coin
https://youtu.be/2IW_XXopNfEIs the World Economy Recovering or Faltering?
https://youtu.be/4rwJXtaOXQAThe Liquid element of a precious metal portfolio – by cabadjo.
https://youtu.be/LZVEV7rJMucZero Hedge Headline debunked for Exaggeration or Scaremongering.
https://youtu.be/KtOst5V0QH4China’s Finance Ministry expects 6.7% growth for 2016
https://youtu.be/mdhjfjXkXWAJobs Figures Disappoint but still suggests lower gold and silver prices ahead
https://youtu.be/7wiPEmzRSGUFirst Silver Unboxing of 2017 - Illuminati Silver
https://youtu.be/QLiXw2UQPzIAbout 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