17 Foot and 4 Inches Tall Human Skeleton Unearthed in Australia

gsr-tall-human-skeleton-neal-bhai-reportsGold Silver Reports – The gigantic hominid specimen that measures an incredible 5.3 meter tall (17 foot and 4 inches) was discovered near the ancient ruins of the only megalithic civilization ever discovered in Australia, which makes the discovery twice as puzzling admits professor Hans Zimmer of the University of Adelaide.

“The discovery of the Uluru archeological site last year already took us by surprise, but this new find is just jaw dropping” he admits, visibly dumbfounded. “Theoretically, a five meter-tall hominid cannot exist. How did this occur? How is this possible. Although this discovery is fascinating, we are left with more questions than answers” he concedes.

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ETFs/Mutual Funds On The Cutline

Gsr-Gold-etf-01Gold Silver Reports – Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned.

The first report covers the ETF Master List from Thursday’s StatSheet and includes 381 ETFs, of which currently 56 (last week 55) are hovering in bullish territory.

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China’s Unsated Thirst for Crude

Crude OilGold Silver Reports – China’s insatiable appetite for crude is at least one thing oil bulls can count on this year.

The world’s biggest commodity consumer may buy 8 percent more oil from overseas in 2016, taking average purchases to 7.2 million barrels a day, according to the median of seven respondents in a Bloomberg survey including FGE and Energy Aspects Ltd. The country’s inbound shipments in the first 11 months of last year increased 8.8 percent to 6.63 million barrels a day and touched a monthly record of 7.4 million in April, customs data show.

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Will Equities See Muted Gains In 2016?

Gold Silver Reports – The year 2016 is likely to see a slow start, similar to what was witnessed in the last couple of years, due to some additional slowdown in manufacturing, said Mark Vitner, senior economist at Wells Fargo Securities.

The forward looking data on manufacturing is still pointing to additional deceleration – new orders data looks horrible, while the US economy failed to record any growth in industrial production in 2015. A lot of people try to minimize the troubles in the factory-sector arguing manufacturing is a small part of the economy, but it still accounts for the bulk of the swing in GDP from quarter-to-quarter.

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