I like your take on the EU/Iron and Steel etc…..v clever . so true and now so dangerous……
deer79
That Zero article is excellent….a brilliant article….I particularly liked what he was saying about Backwardation, lease rates and the Au/Ag ratio, as being the best indicators for the mkt…..Tks for posting it.
Buygold @ 7:53…Alaska Earthquakes…. I was not aware of this Gov earthquake site then….probably did not exist!
All I know is there was/is a whole lot of shaking going on, then and now. My guess is that the same pattern exists and continues. sng
You’re out of your mind silverngold
This is why humans don’t live that long, because they get stuck in their ways and don’t want to adapt. Blah blah blah about nuclear war for 80 years, trillions of dollars, and utter stupidity. This is why we need to have limitations on every office holding person on earth, once you’re 60 go do something you enjoy, go spend the saving you have and stay out of politics. On top of it Armstrong is a crackpot
Hey SNG
I think I knew that Alaska was a hotbed for earthquakes, what I don’t know is whether they have mostly been concentrated in the area where we are seeing them now along the coast.
A lengthy ZH article
….but very thorough in describing the intricacies of what’s going on in the PM markets…
Ipso 16:23
You have to be informed to do that job.i don’t think she was. Also would help to have a orientation not just thrown in. Especially her taking off to have children next. Biden’s had selective questions and answers in front of them or they just didn’t answer.
Buygold
Straight down lol But I’m watching for support holding. I retained a few shares but with so many liquidity issues my only long is the phyzz. As long as the metals are in demand between central banks and industrial demand as AI stocks are pulling money from other sectors on top of everything else and AI needs metals for their chips the mining stocks themselves could out preform if the metal itself is manipulated down although by how much as long as they aren’t in debt or needing to borrow.
Buygold @ 18:45 …When I lived in Alaska in the 1970’s, Earthquakes were a daily occurrence… and always have been.
Anchorage had “preserved” Earthquake Park in its original “destroyed” condition as a reminder of what an earthquake can do. I built a home overlooking Knik Arm with a hanging cupboard over the breakfast bar, and that hanging cupboard would shake and rattle with every earthquake; sometimes many times daily. I see almost 1/3 of todays earthquakes are from Alaska. SNG
ferrett @ 17:44
Thanks for the background. Things are a lot different now! I’m not sure it’s a solvable situation. Some countries such as Poland who haven’t been importing immigrants are in better shape. No riots there, but still the EU bureaucracy and their agenda hampers them. Where is industry going to be in a few years?
Earthquakes picking up again
50 in the last 24 hours vs just 35 two days ago. Alaska has been going non-stop with small earthquakes under 4 magnitude.
sng, it’s tricky, isn’t it?
Would you trade two Gretas for one Zyy?
ipso, I’d just read Kunstler. What may not be clear is that this didn’t happen suddenly.
It started in 1950 as the European Steel and Coal Community, founded by France and West Germany, with the following intentions:
“The Monnet Plan emphasized expansion, modernization, efficiency, and modern management practice. Its process – focusing, prioritizing, and pointing the way – has been called “indicative planning” to differentiate it from highly directive and rigid Soviet-style planning.” (wiki)
And now, 76 years later, it has developed from a purely economic zone for two industries and two countries, specifically set up to prevent war, to 27 countries who are trying to start one. Now committed to destroying the steel and coal industries and building social and political constructs by an unelected bureaucracy. Contrast with Russia, which had 15 Soviet states, plus the six satellites behind the Iron curtain and the six states comprising Yugoslavia which was also 27 states, which lasted 72 years …..
Buygold
I’ll watch for it! ![]()
Kunstler
Things Have Changed…
by Tyler Durden
Friday, Oct 16, 2026 – 01:20 PM
Authored by James Howard Kunstler via kunstler.com,
I remind you once again: history is a trickster. Sometimes things turn out, and sometimes they just turn, and these days they’re turning hard. Get this: Russia is not our mortal enemy anymore. This is not 1956 or even 1986. It is no longer the so-called Free World against the wicked Hammer and Sickle.
Russia is no longer a weird political science experiment acting in defiance of human nature – that is, of people striving to make good lives for their families. No more sacrificing everyone’s happiness to prove Karl Marx’s cockamamie theories. No more trying to foist all that on the rest of the world. Russia gave up on that project and opted to become a normal nation, with the full kit of normality: commerce, shopping, banks, enterprise. Things have changed.
Things have gotten strange, too. You see every indication that, for now, Europe has become something of adversary, if not exactly our enemy, yet. Europe has lost its mind. Now, it is Europe’s turn to destroy itself in pursuit of idiotic theories – such as: nations don’t matter. . . you can have a high standard of living without productive industry. . . carbon is destroying the world.
Europe is now tyrannized by the unelected EU commission, much as the old Soviet Union was tyrannized by its politburo. An Orwellian switcheroo has occurred. When history plays tricks, it plays doozies. So, now you’ve got the grandmotherly Ursula von der Leyen dictating what all the countries in Europe may do and not do with their farms and factories and the daily lives of their people, just like Joseph Stalin in 1937. And you have the grotesquely weak leaders of France, Germany, and the rest submitting to this.
Ipso
A stray missile might just happen to hit the Al-Aqsa mosque which is the site where they plan to build the third temple.
Watch for it.
Imminent
The Hormuz Letter
@HormuzLetter
·
3h
BREAKING: Multiple mobile bomb shelters are now being rapidly deployed in Tel Aviv, Israel.
There are also movements of Iron Dome, US THAAD and David’s Sling air defense batteries today, and in the past few days.
Similar preparations occurred in the days before February 28, when the war began.

goldielocks @ 15:03
I think the problem was that she was somewhat short of brain power. You’ve got to be fairly bright to do that spokesperson job.
Big win for the shares
Hopefully a sign of better things ahead for the metals.
Goldie – really? It’s down near $3.50 this week and was up 1 day, the only straight line has been down. Don’t know about you but I’m running out of long term.
Buygold
Silver still off the lows and can’t expect it to go in a straight line especially in this climate as it’s more of a industrial than monetary and why the swings are so crazy.
Looking out to the future the industrial demand is only going to grow and scarcity will become a issue and a driver. Even now when silver dropped temporarily a little below 55, online plain silver bullion was going for 69oz

