Correction HIGHER Euro

Exactly like Dec 3rd, he re-confirmed, or reinforced, to investors, still betting on or pushing the old policy (momentum) my view of a new policy direction.

Lower Dollar, lower Dow, higher Gold, HIGHER Euro, and probably lower oil too. Draghi is a lot easier to “read” than Greenspan Bernanke or Yellen.

Does anyone remember my Dec 3rd posts, re Gold Bottom? It was a hole in one. None of the Gold gurus out their spotted it.

No doubt POTUS is well briefed in being seat-matched with Sophie.

http://news.nationalpost.com/news/canada/sophie-not-justin-will-spend-the-evening-with-barack-six-things-to-know-about-the-trudeau-white-house-party

LOl

I knew there was a reason I didn’t mow mine….!!!!!!

… but they kept their lawn so nice! 🙂

That stick is a real treasure trove.

to try and hold it all back…Nem, Paas, Ssri and GFI.

As all PM stx shud be flying with this metal reversal…..

Ipso-facto…re that memory stick…great news….but I can just hear all their family, friends and neighbours saying….I had no idea….they were such nice normal people….my backside !!!!!

In a sign of China’s further influence in global financial markets, a major Chinese bank has been allowed into an elite club of bankers that sets the global price of silver.

On Sunday it was announced that China Construction Bank Corp (CCB) will become the first Chinese bank to participate in determining the London Bullion Market Association (LBMA) silver price.

CME Benchmark Europe Limited and Thomson Reuters have operated the LBMA silver price since August 2014, when they took over responsibility from London Silver Market Fixing Limited. CCB will be the first Chinese bank and the sixth price participant, joining HSBC Bank USA NA, JPMorgan Chase Bank, The Bank of Nova Scotia, The Toronto Dominion Bank and UBS AG.

The move is significant because it gives China the power to influence bids that go into setting the official London silver price, thus boosting the importance of the Chinese yuan, or renminbi.

cont. http://www.mining.com/chinese-bank-joins-lbma-silver-fix/

A disillusioned former member of Islamic State has passed a stolen memory stick of documents identifying 22,000 supporters in over 50 countries to a British journalist, a leak that could help the West target Islamist fighters planning attacks.

Leaks of such detailed information about Islamic State are rare and give Britain’s spies a potential trove of data that could help unmask militants who have threatened more attacks like those that killed 130 people in Paris last November.

A man calling himself Abu Hamed, a former member of Islamic State who became disillusioned with its leaders, passed the files to Britain’s Sky News on a memory stick he said he had stolen from the head of the group’s internal security force.

On it were enrolment forms containing the names of Islamic State supporters and of their relatives, telephone numbers, and other details such as the subjects’ areas of expertise and who had recommended them.

One of the files, marked “Martyrs”, detailed a group of IS members who were willing and trained to carry out suicide attacks, Sky said.

Richard Barrett, a former head of global counter-terrorism at Britain’s MI6 Secret Intelligence Service, said the cache was “a fantastic coup” in the fight against Islamic State.

“It will be an absolute goldmine of information of enormous significance and interest to very many people, particularly the security and intelligence services,” Barrett told Sky News.

cont. http://www.reuters.com/article/us-mideast-crisis-islamicstate-files-idUSKCN0WC0UN

so I think I will take advantage of this great weather and get outside and enjoy. Gardening is what is really on my mind anyhow. Figure the Gold Bull can fend for himself. Besides, it seems the fiiiillltthhhh just dont have the punch they used to. Perhaps candidates for Viagra??

Another day, and the Precious seems to shine a little brighter. I Like it.

LOL! Too bad Einstein isn’t still around … Draghi could ask him for an expanded definition of insanity.

But at least 20 years younger than before the surgery. I’ve now returned to all my previous duties and responsibilities on the farm/ranch and expect to have a great year….and future…. which I believe will be great for those who did not get bucked off the bull. All the Best to you Farmboy……Silverngold

http://finance.yahoo.com/news/lake-shore-gold-announces-updated-144738106.html

If only I had a brain….??

Draghi Blew It – Euro, Stocks Retrace Bazooka Bounce

http://www.zerohedge.com/news/2016-03-10/draghi-blew-it-euro-stocks-retrace-bazooka-bounce

Seems the trick is to keep the bull from riding you eh? How’s that hip replacement doing ? You kicking up dust like a twenty year old these days?

Rye Patch Gold Announces Phase-2 Metallurgical Results

http://finance.yahoo.com/news/rye-patch-gold-announces-phase-140000320.html

Mugabe makes U-turn on reform as Zimbabwe tries to woo IMF

http://finance.yahoo.com/news/mugabe-makes-u-turn-reform-153738356.html

Warming climate helps north Canada miners ship supplies, melts locals’ ice roads

http://finance.yahoo.com/news/warming-climate-helps-north-canada-165356242.html

Goldcorp Announces Senior Management Changes

http://finance.yahoo.com/news/goldcorp-announces-senior-management-changes-220000968.html

Tahoe Resources Reports Record Production And Cash Flow

http://finance.yahoo.com/news/tahoe-resources-reports-record-production-222400012.html

First Quantum Minerals Announces the Sale of Its Kevitsa Mine for US$712 Million to Boliden

http://finance.yahoo.com/news/first-quantum-minerals-announces-sale-063413023.html

Kirkland Lake Gold Reports Positive Earnings and Free Cash Flow Generation for Stub Year 2015

http://finance.yahoo.com/news/kirkland-lake-gold-reports-positive-113000409.html

Oban Completes Acquisition of Souart Property Near Windfall Lake

http://finance.yahoo.com/news/oban-completes-acquisition-souart-property-125809623.html

Congo activists urge government to pass new mining code

http://finance.yahoo.com/news/congo-activists-urge-government-pass-133155989.html

Just finished reading an article, ”

Europe roars approval as ECB pulls out the bazooka.”

https://ca.news.yahoo.com/asia-stocks-edge-nzs-rate-cut-surprise-eyes-005323874–finance.html

And I’m thinking, how strange that some people, people that should know better, think they can just keep printing their way out of this mess.

And I am reminded of an old saying,

And while I am thinking at the moment of modern day banking and the Great Fiat Experiment with its gushing reservoirs of ink and paper, I guess that would apply to American Politics as well. We need some New thinking ! The old ways are destroying us.

Been there and done that….and have a hip replacement to prove it….. but this my friend is a silver and gold BULL….harder to ride and more dangerous…..with the rewards even greater if we can ride it to the end……and make a safe exit……Then our rewards are literally……. Silverngold.

Enjoyed watching the Trump Video. It went well with my morning coffee. Thank you.

but amazingly it is bullish SM and Dollar and Bearish PM’s.

How long before one of these CB jerks just comes on stage drops his trousers and then starts dribbling and babbling like a lunatic…no doubt that too will be bullish SM, Dollar and Bearish PM’s.

Any Senator or Congressman that tells you “It cant be done that way  ”    Id say to them like I said when I made changes in the Garment Factory I ran ..

” I WILL JUST HAVE TO FIND SOMEONE  THAT DOSENT KNOW IT CANT BE DONE ”  and thats exactly what I did ..I hired immigrants that never saw a sewing machine before and trained them my way.I then gave them incentives to make more money than they thought possible .Yes more money than UNION shops would falsely promise .I put them all on piece work .Everybody was guaranteed the minimum wage,but if they earned more than that with higher production they got what they earned.!   The end result was I got Production up 30 % higher than any factory in NJ.MY unit production per employee was higher than any Asian country …and I made more money that any Factory in NJ of the same size ….My employees made 20 % more money on average than any Union Shop .I was the only NON Union Shop in North Jersey .My employees were 15 % Italian,20 % Portugese ,15 % BLACK 20% CUBAN,15 % POLISH the rest mixed and Puerto Rican .    The Union corruption was Rampant ,the Government corruption was Rampant .The UNion and STATE regulaters were HOODLEMS .   The only reason I finally left was the FEDERAL GOVERNMENT sold us out to ASIA just like thay did to North CArolina woollen mills,furniture Factorys Cloth Mills and SHOE FACTORYS .THe DEAL was GIVE US an IN to your countrys BANKING SYSTEM and and MEDIA COMPANIES and we will give you millions of jobs that lower skilled worker can be trained to do.  You will get 100 jobs for every one we get in your Banking Insurance and Media businesses.  China took the offer ,as most ASIA did…THEY SOLD US OUT ….That was in 1960’s long before the lasting effects and High unemployment became commonplace .We were the FIRST industry to be effected and the US GOVERNMENT said we dont need those jobs anyway ,we are going to be a Service economy ! The public was silent about it because most of them were not effected. NOW its too LATE  .

How do you get those required skills back to be competative even if you get the jobs back ?   Its going to be a LONG TIME  to get back to where we were on a skill basis for those manufacturing jobs..NJ was the best place to be as a Manufacturer ,highly intelligent people ,very productive ….                     NOW ; I dont know !   You can never go back to how things were …Real UNEMPLOYMENT was 3 %  and lower .Wages were high NY manufactured everything ,DRUGS ,BEARINGS,CARS,STEEL CLOTHING,ELECTRONICS .  NJ was probably the Greatest Manufacturing place in the Country.

Now most of it is a SLUM.  ,so much for Service JOBS….They got SERVICED ALRIGHT !