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Blackrock … the idiots that want to run the country … currency … everything
Private Credit Crisis Begins: BlackRock Blocks Investors in $26 Billion Fund
They will do and say anything to make money for themselves and then hand you the bill when everything blows up their most recent crony capitalism …
CRONY CAPITALISM is the how these commies like it.
Me … I like little bitz of silver in my pocket.
Chuckle … snort
Florida’s legislature passes bill making gold and silver legal tender in the state
From News Service of Florida
via WTVJ-TV6, Miami
Friday, March 6, 2026
A bill that enacts prior approval to make gold and silver coins legal tender in Florida is headed to Gov. Ron DeSantis.
With little comment, the Senate today voted 31-1 on the measure (HB 1311) that puts into state law rules for gold and silver coins that have been adopted by the Department of Financial Services and the Office of Financial Regulation.
TOM LUONGO
If the Fed has to expand the balance sheet to $7-8T, then gold has to go to $15-18K!
If The Donald keeps spending like he is currently … this looks like a certainty.
Chuckle
Executive Order Now Lets Bankers Empty Their Private Equity Garbage Into the Retirement Accounts of Everyday Americans-The Problem With Blue Owl
Image Credit: vecteezy.com
By Stan Szymanski
Yesterday, Boaz Weinstein of Saba Capital Management, said the weight of the impact of Blue Owl Capital Inc.’s (OWL) private credit funds illiquidity may be an early indicator of vulnerability and weakness in the significant $1.8T market:
…’“All you need is the snowball to start going down the hill and it started. Blue Owl is right in the middle of that,” Weinstein said at an industry conference in Miami Beach, Florida, Bloomberg reported. “I think we are in the super-early innings of the wheels coming off the car.” (Seeking Alpha 2/24/26)
Weinsteins’ comments come after Blue Owl permanently blocked withdrawals from a $1.6 Billion private credit vehicle and sold $1.4B in loans to pension funds. Blue Owl also sold loans to its own insurance company, feeding new worries about risks concerning liquidity in this part of the ‘alternatives’ market.
People might tend to think that ‘Private Equity’ is just for the wealthy that frequent the Hamptons on vacation. This type of ‘alternative’ investment has recently become much more mainstream than most people realize.
Just last year, President Trump signed an executive order opening the door for providers of 401(k) (and IRA) retirement plans to offer private equity investments to this large and lucrative market:
…’Private asset managers have been tantalized for years about the $29 trillion in Americans’ retirement accounts. Donald Trump just made it easier for them to get a slice.’…(Forbes 8/8/25)
In ‘Private Equity Firms Celebrate Trump’s Executive Order Giving Them The Keys To Retirement’ Forbes staff writer Hank Tucker points out that…
That’s our buddy The Donald hard at work.
Spit
I don’t think Zelensky is in any position to threaten or extort the other European countries!
Zelensky had been speaking to compatriots about the proposed €90 billion European funding package for Ukraine, and warned that a single EU leader should not block the measure, widely interpreted as meaning Viktor Orbán.
“We hope that in the European Union, one person will not block the 90 billion [euros]. Otherwise, we will give this person’s address to the armed forces, to our guys, let them call him and talk to him in their own language,” Zelensky said.
silverngold @ 11:47
Actually he is ex-special forces … a gentleman … and a true patriot … and I would trust his silver before I would trust your’s based on that comment.
Try doing a little research before attacking somebody if you want to be taken seriously.
Spit
That’s an escalation. Watch out for the tit for tat that leaves everyone thirsty (Could be fake news)
Arya – آریا
@AryJeay
The US attacked Iran’s freshwater desalination plants, on Qeshm Island.
The Deputy Security Governor of Hormozgan said that last night, the Americans committed a blatant and desperate crime by attacking one of the freshwater desalination plants on Qeshm Island.
Currently, water supply in 30 villages in the central parts, Hara, and Shahab of Qeshm are facing challenges.
an inconvenient truth …. (for crimex)
Willem Middelkoop
@wmiddelkoop
·
48m
Evidence the COMEX exchange is losing huge amounts of physical gold reserves
Before 2020 it was mainly used from paper (futures) trading, making manipulation of prices very easily, with zero enforcing of maximum position limits
Source: Incrementum
There seems to be little coming out of Iran now.
It wouldn’t be logical for them to save up their top weapons for retribution. Every hour they lose missiles in storage and missile launchers; the longer they keep them the more likely that they’ll never use them. The whole war depended on Israeli intelligence as to the locations of everything (and everyone), as the US/Israel already knew their anti-missile capabilities – the big question must have been “how much damage are we likely to sustain before we manage to reduce their capabilities to a few drones”, which equates to “how good is our intelligence”.
Limited flights now operating from Qatar. Hormuz open by Monday?
mr copper,
some classify brass and lead as precious metals.
FYI Smith & Wesson SWBI
SWBI is my only non precious metal stock, I bought it back in 2021 and finally today I see a 17% break out. I guess they had a good profit report. S&W is sort of gold related, I’ve heard the phrase Guns and Gold. lol
Ferrett .12
That pricing job sounded like a lot of work. Back to the point though, more jobs will be replaced will come.
I get what you say about the entertainment sector and layers of jobs that should have to be there including tax dependent , but at the same time like in acting it cannot replace the personality or add libs, of real actors or writers. Both writers and comedians are now censored so they won’t offend somebody or to suppress some truth they don’t want getting out. But yet they can offend even more themselves with what they put out, like a man dressed in drag on a beer can. I can see it now a AL painting sitting next to a Rembrandt. Robot police officers and dogs scanning your digital ID. Life focused on antisocial isolation and extremely boring.
Captain Hook @ 11:08 …Re: Silver Dave…He sounds like a hustler or an “ex car salesman” to me. Wonder what he’s on???
If I was to buy his stuff I would definitely have his silver checked to be sure of the quality and authenticity of what you are buying. It might look like silver….and it might shine like silver…but does it analyze like silver????? Does he only sell retail because his stuff won’t pass the “999” silver test? Just saying fwiw! DYODD! SNG
Thank God for physical
These shares can’t seem to get moving. OTOH higher energy prices will take a bite out of earnings, so I guess now we need $10k gold.
Silver Dave Local Mint …
… is quickly getting ready for your orders …
… local sound money barter systems offer alternatives to the insanity of increasingly corrupt and coercive fiat regimes … they are the wave of the future … all aboard.
Mornin all
Kunstler
Try imagining a peaceful Iran not bent on exporting Jihad (just like you might imagine a peaceful Ukraine, not making itself a problem for the rest of the world). Forgive the cliché, but Iran (a.k.a. Persia), is an old and durable culture, with a highly educated population, one of the world’s largest oil-and-gas reserves, and plenty of other resources. Iran could be somebody. It doesn’t have to be a bum with a one-way ticket to Palookaville.
How long will Iran have their facilities operational? It won’t matter if Chinese ships can transit the strait but not be able to load.
OSINTdefender
@sentdefender
·
22h
Several large fires are currently burning at the primary refinery for the Bahrain Petroleum Company in Ma’ameer, following a short-range ballistic missile attack against the facility and other nearby infrastructure by Iran.
This guy epitomizes the kind of people Trump is trying to please – what a scumbag. One of the PNAC authors. Now oil is $87.50, and there’s no way out. Brilliant
Neocon Bill Kristol’s sudden flip-flop on U.S. strikes against Iran
Metals jumping – jobs report?
Shares not so much yet. Jobs report noise?