from Silver Doctors:

SD Outlook: Looking at where we’ve been over the last two years, and where we are today, it looks like there could be more pain to come…

Monday through Wednesday are going to be busy:

There’s market moving data in Retail Sales, Industrial Production and Housing Starts.

Additionally, twice a year the Fed Chair goes before congress in what is called the Humphrey-Hawkins Testimony, so on Tuesday Powell gets to play tee-ball with the Senate, and on Wednesday he will also be playing tee-ball with the House.

On the economic calendar, the week ends with much less action:

Geo-politically, today is the Trump-Putin Summit.

Presidents Trump and Putin are meeting in Helsinki, Finland.

Here’s the handshake:

The handshake. https://t.co/lmdFTTO630 #Helsinki pic.twitter.com/W7E7eUURbN

— Dan Linden (@DanLinden) 16 July 2018

It’s pretty anti-climatic if you ask me, but yeah.

Russia is an up-n-comer, and they have been stacking mad gold, so it pays to be on good speaking terms with them because sooner or later they will have some serious clout.

Not to mention they have nukes.

Not that I buy the whole “Russia is the most evil country on the face of the planet” argument anyway, but rather, I take the view of many that our Military Industrial Complex needs an enemy, always, to justify such massive spending on the military.

And since the Middle East is pretty much as decimated as it can be, and since there’s peace with Kim, and now there’s great strides being made with Russia, now we can see whey we are immediately creating a sixth branch of the military, separate but equal to the Air Force, known as the Space Force.

I guess the real question about the Trump Putin Summit is what does it mean for gold, silver, and the dollar?

Well, the last time there was a summit and the world was safe again thanks to President Trump, as in the North Korea Summit, that was June 12th, and shortly thereafter we have only gone lower for longer in gold & silver.

I’m not sure how a two hour meeting is even considered a summit, but that’s not the point.

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