Bill’s commentary:
I do not post from being “right or left”. I do not even know if it is fully verified? I only post because if true, it is EXTREMELY dollar negative. Anything dollar negative is obviously (to those who understand) gold positive. Gold, silver, and mining shares are now breaking out to the upside. A hugely dollar negative event such as this will be a huge tailwind that finally breaks the grip of derivatives on metals pricing. Come hell or high water, the math is already locked and loaded for metal’s pricing far beyond what anyone has predicted or can even imagine…
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Commentary:
“The petro dollar is dead as is Israel.” – Dave
Yes Dave, it has been “dead” for a while but only now is it obvious to all!” – Bill
The announcement followed a breakthrough visit by Syrian Foreign Minister Faisal Mekdad to the kingdom, the first since Saudi Arabia cut off diplomatic relations with Syria in 2012.
A joint statement said that the two sides held a session of talks, discussing efforts to find a political solution to the Syrian crisis that preserves Syria’s unity, security, stability, Arab identity, and territorial integrity while also serving the interests of its people.
BillHolter.com 