weather underground sees local wind speeds topping out @ 17 or 18 mph in the next few hours. looks like all that may remain of isaias is a lot of breezy rain.
here’s hoping. we have had a dry summer, and can use the rain to recharge the groundwater/aquifers.
a little further west, it may be a different story.
Both make more sense.
Maddog if this war brings anything it should drive out the Islamist and let the people go back to before they took over.
https://www.ynetnews.com/article/r1j3y3usmx
President Trump has been saying since the 80’s or longer, that Iran under the Mullahs should never have Nukes…..this is his last chance to act upon that…..they would have nuked Israel and other countries……They really believe dieing in war guarantees paradise and perpetual virgins.
These are not rational people.
Millions of defense plant jobs, and their profits, (and kick back taxes) like where I got started after high school. I worked at Republic Aviation and Grumman Aircraft.
I listened to the video, I don’t buy what he said.
I don’t know what to believe. They’re thinking is not normal. What do we have to gain with that war?
Here’s the video
I would call that an excuse to attack. Nobody on the planet has more power than the industrial military complex, President Eisenhour warned us about that in his farewell address.
Plus, supposedly we attacked Iraq because I think they were going to stop using our dollars, probably just another bs excuse.
You reminded me of something I saw recently scanning videos. The you want to know what started the war with Iran thing. That Iran was going to tank the dollar.
They went through who has the most oil and when they got to Iran said they were going to flood the market with cheap oil and trade not in dollars but Euros to tank the dollar. That this is what it’s really about not nukes.
I remember 1968 to 1982 they kept raising the rates to kill the gold price and restore the Fed Note’s value. The Dow stayed under 1000 for 14 years, they killed auto and home sales the whole time,
while trying to kill gold, as it went from $140/oz to $800/oz around 1980 before the 21% prime rate finally kicked in and started dropping the gold price.
However, they can’t raise rates much higher because 18% on a $40k house was affordable, and 7% on an $800k house of today is barley affordable.
My guess is the anti Trump anti USA global deep state, are somehow driving the Fake dopey/dollar higher, to make our imports cheaper to override the needed Trump tariffs.
Naturally the futures are priced in Dollars so all the other currencies go LOWER which make our EXPORTS more expensive for foreign countries to buy our exports.
Also imo, the deep state or Europe, Israel and the military industrial complex pushed Trump into attacking Iran, simply to screw up Trump and the new, new world order. We already know all the crap they pulled to put Trump in jail.
The Kobeissi Letter
@KobeissiLetter
·
10m
BREAKING: Market expectations for an October rate pause rise to a new high of 85%.
Back-to-back Fed rate hikes now appear to be a highly unlikely.
Martin is warning we have finite time to get back in or get in the metals,. What’s at stake is once guessing the industrials general population sees what’s happening the metals are gonna fly apparently the SM will keep going in the private sector and even higher interest rates won’t stop the buying if they expect to see moves in gold and silver as a safe haven and going higher than the interest rates. I was thinking to start adding shares again but we might have more time if the election is holding things back but seems to be getting more risky to wait now but that hesitation is probably due to wait times of the past especially the Junior metals at times.
Perhaps his expectations his computer sees repubs losing the house and the Senate is tight might have something to loss of confidence and gold buying.
Ipso – well let’s hope we go ape 💩 next week then. Long past due. Nice what a little upside does for the spirits. 😎
Maddog – have we ever heard a central bank talk about loading up on Bitcoin as a response to debt problems? I’m asking. If so, I don’t recall it.
https://www.zerohedge.com/news/2026-10-07/russia-increase-goldfx-purchases-fivefold
Obviously someone has been a large seller for quite a while and many said it was Russia, as they need the money etc….well this news says that was bollox, the seller is/was not Russia….it can’t be Iran as they are now cut off from all access to the financial world……My guess is Globalists messing with the Mid Terms……Soros’ idiot son maybe trying to emulate his fathers tricks and roped in a whole load of fellow Globalists…..they could be short a huge amount of PM’s, short the SM and Bonds and Long Oil.
https://vblgoldfix.substack.com/p/bbg-bundesbanks-nagel-says-rising
That’s CB talk for fill yer effing boots …….Now !!!!! and don’t ‘eff about.
I’m glad your away from the worst of it and looks like Buygold will get a pass too but you know you guys can get a class three at least River rafting inflatable. I had one once and could survive higher classes but for rapids fast moving rivers it was pretty tough and can attach a small motor to the back too. So if that water rises too high with a current you can get out of there just keep it away from sharp objects. As a teen I had a cheep raft and when I hit some strong rapids it pushed me against some pointy shrubs and it started to deflate in the middle of the rapids. The water was noisy so couldnt hear the air escaping to find it and pinch it off and had to get to the side and get out, what a day.
Buygold should get life jackets for his dogs too he’s too close. I hope Blindrn is in a safe place. She seems like she’s from Florida and no stranger to hurricanes either and knows her way around the weather.
Talking it up is cheap and easy….and yes it has to go way up…..@ $ 25 K covers @ 10 % of the $ 4 Trillion debt.
I see it is being lent on by the usual mugs, to try and make the first hour look weak….why anyone sells after such a good overnight move is bizarre…but the Algo’s just see every rally as a better short.
TheApeOfGoldStreet
@TheApeOfGoldST
#Gold is up around $100 dollars since #CHINA entered our markets again. Now dancing around $4200.
IF we can break $4200 and close above today, I believe its game on for a new daily upleg cycle.
From a chart perspective we have everything we want for upside ahead.
-RSI breaking out
-Support held to perfection
-Stoch at rock bottom
-Resistance trendlines about to break.
It looks good for next week I must say.
The other thing is if they do a big revaluation, you can bet Congress will throw in a big windfall tax.
Effers!🤬
Worth watching.
Yeah, me too. I’m built up on a mound 10 ft. above sea level. 😂🤣
BTW – I don’t think that storm has brought us much more than an inch of rain here in S. Venice.
