Loading ...That guy’s speaking truth! Long term scary.
Good morning Maddog
We’ll try to bolster your PF while you’re out! 🙂
ipso facto
Morning …The FT will have hated publishing the fact that Gold is No 1 CB asset……they hate Gold with a vengeance…..and if it gets revalued, it may stay there even longer.
gonna be out till tommorow.
Buygold
Texas is becoming a Muslim stronghold! I doubt the majority of Texans like this development. It sure looks like Abbot is bought and paid for!
I forget who said it … maybe George Carlin, that politicians should wear suits that said who paid for them just like NASCAR. 🙂
Morning Ipso
Abbott has turned out to be a real turd. His biggest donors is some Pakistani billionaire so naturally he’s allowing a ton of mosques to be built.
Our politicians are so corrupt. I wonder if they advertise around the world that they can be bought by anyone. This country gets more disgusting by the minute.
$174 billion for water? What does it buy you? It seems like you either have water in an area or you don’t. How does money find it for you?
Picking on gold already
Hard to see this little bump lasting with the SM down.
Is this OK?
illuminatibot
@iluminatibot
·
21h
Texas just told its own citizens the government needs $174 billion to avoid a water crisis.
Texaxs is building over 400 data centers btw…
Sometimes good stuff happens
healthbot
@thehealthb0t
·
May 31
Robert F Kennedy Jr has officially announced that Mercury is REMOVED from all vaccines. “Now that America has removed mercury from all vaccines, I call on every global health authority to do the same.”
Nukes
According to the latest estimates from the Stockholm International Peace Research Institute, there are about 12,241 nuclear warheads in the world as of early 2025.
Here’s the rough breakdown:
Country Estimated Warheads
Russia ~5,459
United States ~5,177
China ~600
France ~290
United Kingdom ~225
India ~180
Pakistan ~170
Israel ~90
North Korea ~50
Total ~12,241
A few interesting points:
Only about 3,900 are actually deployed on missiles or bombers and ready for immediate military use.
About 2,100 are on very high alert, mostly in Russia and the United States.
Russia and the United States still possess roughly 90% of all nuclear weapons on Earth.
If you’re remembering a figure around 20,000, that’s understandable. Around 2010, the world had about 18,000 nuclear warheads, and during the height of the Cold War in the mid-1980s there were more than 63,000.
The surprising thing is that while the total number has fallen dramatically since the Cold War, many countries are now modernizing or expanding their arsenals, especially China, so the decades-long trend toward fewer nuclear weapons may be slowing or reversing.
Gold has overtaken US government bonds as the world’s top reserve asset
Wall Street Mav
@WallStreetMav
·
31m
Gold has overtaken US government bonds as the world’s top reserve asset following years of relentless buying by central banks and a historic rally that has seen prices nearly double over the past two years.
Bullion accounted for 27 per cent of all global central bank reserve assets at the end of 2025, up from 20 per cent a year earlier, according to a report published on Tuesday by the European Central Bank. US Treasuries fell to 22 per cent from 25 per cent over the same period.
Source: Financial Times (FT)
Morning ferret
Good point. I wonder about these billionaires and their purpose behind holding certain assets. It seems that Bitcoin has always had a billionaire touting it as an investment. Before Saylor they had this other guy, Michael Novolny? (something like that) and he was pumping it and saying it would hit $200K – now we never hear from him. It’s almost as if they are props to keep the worthless investment going. They’re buys are always announced.
I don’t know, I don’t trust anything coming out of Wall Street and their financial news whores or their billionaires. I’m getting old and cranky. 🙂
Looks like we’re getting the rally we should have gotten yesterday. SM is soft.
Buygold, it’s bizarre.
If, with all the other assets, debt facilities, cash etc. he had to sell – he’s in deep fan-hitting stuff.
If he didn’t have to sell, then surely he would realise the optics aren’t good.
Bitcoin continues down – this can’t help
Saylor Breaks The ‘Immaculate’ Bitcoin Narrative
BY quoth the raven
Strategy just sold 32 bitcoin. In February, Saylor had said: “We are not going to be selling.”
Musk on europe
He hit the nail on the head. The actions of the west are indistinguishable from suicide.
Bond
Decreasing demand and borrowing cost increase hurting housing market buyers and threat of increasing rates to battle inflation.
US Borrowing Costs Surge as Debt Mounts, Treasury Auctions Show Weak Demand Amid Fiscal Concerns https://share.google/UlbrxCO0f0wjudD4O
They intervened and brought rates all the way back to flat
that should have helped gold today and the sank the dollar. It didn’t. I think that’s how we know it was obvious manipulation of bonds.
Doctor in UK
Extremely concerned about what the jab is doing to the people of all ages. Gives many examples. Those who can to please speak out.
https://substack.com/@lionessofjudah/note/p-141445743?r=28qqrz
Ipso
I didn’t mind day trading years ago once in awhile but your right about the paper nightmare. It would be easy over seas buy and hold till the end of the day or go short end of day for the next or both.
ferrett
Nothing wrong with bicycling where it makes sense and by choice. What’s not to like! 🙂
I doubt the sharing of cars thing will work. How will they be maintained? Another bureaucracy?
The idea probably has a better chance in Holland than many other places … Hey it’s my turn to use the car I must have it … no it’s my turn go pound sand!
goldielocks
I tried day trading years ago. Eventually I realized it was a gold bull and would have done even better if I just had bought and hold. It’s a paperwork nightmare as well!
ipso 9:19, Holland and bicycles.
It would work there nicely. Holland (and Belgium) are flat. Cycling even for the elderly is easy. And look at the cyclists, no helmets, carrying a kid on the handlebars, thousands of them and not a scrap of lycra in sight. If you choose to live in such a community, then fine, your choice, it’s probably a lot cheaper but that means it’ll become a ghetto, so probably the best solution is to send all the migrants back and then you wouldn’t need it at all!