He’ll never out golf Tiger despite his back problem. Quantity doesn’t make up for quality. Besides maybe his prayers 5 times a day gets in the way.

“OpEx tomorrow”

Seems like it’s always something … op ex, fedspeak, strong dollar etc.

Let my people go!

Heavy volume again. Someone is either accumulating in a big way or there’s news coming.

Also heavy call buying in the Sept and Oct $4 strike.

I have no doubt that your theory about the paper players crushing oil to hurt Russia is absolutely correct. That’s exactly what the banksters are doing IMHO.

Putin Says The Petrodollar Must Die, “The Dollar Monopoly In Energy Trade Is Damaging Russia’s Economy”

Submitted by Tyler Durden on 08/14/2014 08:15 -0400

On one hand, despite initial weakness following Europe’s triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on… nothing.

On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.

PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY

Reuters adds:

President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia’s economy.

 

“We should act carefully. At the moment we are trying to agree with some countries to trade in national currencies,” Putin said during a visit to the Crimea region, which Moscow annexed from Ukraine earlier this year.

 

http://www.zerohedge.com/news/2014-08-14/putin-says-petrodollar-must-die-dollar-monopoly-energy-trade-damaging-russias-econom

I much prefer the CNBS crowd ignores everything pm.

OpEx tomorrow. I hate OpEx.

NOW they are all gathered there for one big Cluster F__K …..or is it to celebrate SHARK WEEK  ?   NO its a book signing hehe hehe !

That sounds so harmless dosen’t it..from the word processors   as REAGAN described Dukakis one time .As usuall he got it right !

Nice long term chart. Let the healing begin!

Australian gold mining firm pushed off Guadalcanal

http://www.reuters.com/article/2014/08/14/us-iraq-security-usa-arms-idUSKBN0GE18A20140814

“Don’t mean to scare anyone but for the second day in a row a CNBS talking head recommended buying pm shares.”

So did somebody slip by their diligence or is it part of a plot to pick our pockets once again? Only the shadow knows.

Time is on our side.

(Reuters) – The governor of Iraq’s Sunni heartland Anbar Province said he has asked for and secured U.S. support in the battle against Islamic State militants because opponents of the group may not have the stamina for a long fight.

Ahmed Khalaf al-Dulaimi told Reuters his request, made in meetings with U.S. diplomats and a senior military officer, included air support against the militants who have a tight grip on large parts of Anbar and the north.

Dulaimi said the Americans had promised to help.

“Our first goal is the air support. Their technology capability will offer a lot of intelligence information and monitoring of the desert and many things which we are in need of,” he said in a telephone interview.

“No date was decided but it will be very soon and there will be a presence for the Americans in the western area.”

The was no immediate comment from U.S. officials.

more http://www.reuters.com/article/2014/08/14/us-iraq-security-anbar-exclusive-idUSKBN0GE16T20140814

Don’t mean to scare anyone but for the second day in a row a CNBS talking head recommended buying pm shares.

Seems to me they better be expecting the metals to catch a bid or they’re calling a near term mini-top.

So, Putin is talking peace? OTOH, he hasn’t really done anything aggressive yet has he?

How  do we look for the openings….well a bit a of panic earlier as the numbers caused Gold to rally and the SM sold off from overnights normal rally, but not to worry Gold is Unchanged,  bonds are down again and the SM is due up, so you can  go and have a nice day.

Pan American Silver increases silver and gold production in the second quarter of 2014

http://finance.yahoo.com/news/pan-american-silver-increases-silver-234600644.html

Sandstorm Gold Announces Financial Results For Q2, 2014; Reiterates 2014 Guidance

http://finance.yahoo.com/news/sandstorm-gold-announces-financial-results-234700614.html

Pilot Gold Reports Q2 2014 Financial and Operating Results

http://finance.yahoo.com/news/pilot-gold-reports-q2-2014-233810953.html

Seabridge Gold Files Second Quarter Report to Shareholders and its Financial Statements and MD&A

http://finance.yahoo.com/news/seabridge-gold-files-second-quarter-213700043.html

B2Gold Reports 2014 Second Quarter/First-Half Operational & Financial Results

http://finance.yahoo.com/news/b2gold-reports-2014-second-quarter-073000737.html

Argonaut Gold Announces Second Quarter 2014 Revenue of $40.9M, Net Income of $2.0M, $13.5 M in Cash Flow from Operations Before Changes in Non-Cash Operating Working Capital and Other Items

http://finance.yahoo.com/news/argonaut-gold-announces-second-quarter-113000556.html

Good to see you. Glad to hear you’re doing better health wise! 🙂

re: Belgistan That’s scary stuff. Big trouble down the road.

http://www.frontpagemag.com/2014/joseph-klein/obamas-indifference-to-the-islamic-state-nightmare/

Floridagold Re EU etc.

See above, as a mate said “No-one is driveing the bus”

Thanks for that peek on the inside. I always respect your opinions.

Sounds like you’ve got a passel of hay stored up. 🙂

As if The Rockaways hadn’t suffered enough from Sandy and her tsunami, last week brought word that ex-Cong. Anthony Weiner (D) plans to open a restaurant on the peninsula. I’m only guessing at the name, of course, but what is really scary is that right behind Anthony will be Huma, and right behind her will be . . . .Hill & Bill! Yikes.

Would be a great time for a Wounded Warrior to open a restaurant here in direct and blatant competition with The Fractile. The last thing we need here is pols telling us how much they saved us after the storm. They were no-shows except for photo-ops, and all the money spent to rebuild govt property—the boardwalk—was from the taxpayers.

On the morning of Sandy I had fed the 15 cats that lived under the boardwalk with Cedric, a homeless vet, who did custodial jobs in bars and restaurants here after they closed. I never seen him again and all the cats were washed away in the big surge. Never knew what happened to Cedric until last week when he showed up, spotting me when I was feeding the two females who survived the surge (and who now have 6 kitties from two litters since the storm). Had a great reunion with Cedric, who tells me the VA got him section 8 housing, but he’s looking to get another condo under the boardwalk when possible. He tells me that as the water rose during the surge he was under the boards where all the cats had climbed up on cross beams, and were huddled together yowling and scared. Finally the big one rolled in, a wave higher than the height of the boardwalk, and Cedric had to run for his life, getting swamped in the process. The cats had no chance, and were swept away in the surge when the wave went across the peninsula to meet Jamaica Bay. In my building the entire ground floor had ocean that was five foot deep. It was a big lift for me to see that Cedric survived, and still wants more cats to feed.

The bacteria I picked up in my bloodstream afterwards now appears cured. Have not had a triple-digit temp since July 6. Started taking 3-4000 mg of Vitamin C daily in June and think it was a great help after I ran out of anti-biotics. Too old for this stuff.

Once again the miners and gold are at a key juncture with conflicting signals as to up or down. Must be up; can we stand another autumn failure? Yuch!

The world is all an op. They created all disasters to exploit them, and us. It’s all pointing to false flags designed for emergency situation that will let them cancel election.

Regards to all from Floater.

Just think of all the talk against Israel in the U.S. press…and on the U.S. Left against Israel…”we should cut off all military aid to Israel”….then think of the trillions spent in Iraq and Afghanistan–where much of the military component of that aid will end up, eventually, in the hands of the Taliban [it’s inevitable] and ISIS…but, O yes! Be very hard on Israel-by all means–they are devious! Sneaky! They built settlements on the West Bank!  THat’s a crime against humanity!

Israel! The only bastion of democracy in the world…there, unlike the U.S. and Europe today, a citizen does not have to worry about warrantless disappearing and torture on “national security” grounds…

Bill Clinton and Obama are up in Massachusets  having a FOREIGN POLICY dispute  ..I wonder what that could be about ,,,DUH !

THe HEART and core of Liberalism lives in MASSACHUSETTS  and now Obama has done them in ..!

This could be a death knoll for the DEMS  ..BUBBA is trying to save BILLORYS Credability as an American   some could VOTE FOR even though her best friends are MUSLEMS .

Like that wife of former NY congressman who exposes himself in  emails .  What a pack of low life they ALL are !  enough already !