Loading ...Sounds for Trumps sake he shouldn’t pick a establishment VP. Heard last night that there are fewer registered republicans than Democrates. Repubs hoping for Trump better not take it for granted others will vote and get registered.
Hey Maddog
Definitely normal scum action in new high territory.
Hopefully this little correction will be short and sweet like the others in the last few months.
I find it comical that they are now forced to wait until the AH to make a run at the futures, because maybe they no longer control the nights with Shanghai now in play.
It could have been a lot worse today with the USD having a countertrend rally. Gotta love the action in silver.
Dennis Gartman
Back in January Dennis said he would never see oil trade trade above $44.00 in his lifetime. Today it closed over $44.00.
Copy That Maddog
Thanks, I was one of the guys sitting on nice positions, refusing to sell, driving prices higher, and refusing to buy the highs. After a while, the ones who can’t resist buying, driving prices higher, end up being the last buyers, no more buyers, and down they go. Dollar went up today pushing AU dn $7 helped the drop.
Mr Copper
I know what ur saying…but as I said compare the daily GS chart to Hui. Only PM’s do this time and time again.
Cheers…..I’ll always vote for u as Fed Head.
While we didn’t close on btm tick..damage done……..decent Vol reversals everywhere
As I said before compare Uber Scum chart to Hui and throw up…….however the good news, is that Beelzebub is still building Lloyds des res.
Re break out to new Hi then collapse…all tks to Scum
Its not so much the scum, its the investors. The ones already sitting on profits…”Let it ride” don’t sell. The people not in yet think they missed the boat and want in.
“Get me in now I don’t care” They can’t resist the impulse to buy in now before it goes even higher. I have been agonizing myself, resisting the natural impulse to jump on, watching the climb, waiting for a little pull back.
Its very common for investors to buy high and then have to ride out a correction. The impulse to buy when prices are falling is simply not a natural thing to do. Human nature.
Talking of break outs
check Uber Scum…..aka the Vampire Squid…new Hi and b/o ystdy….tdy so far + another @ 3 %….compare to Hui….and throw up.
Only PM’s do this …..break out to new Hi then collapse…all tks to Scum
Obviously Lloyd has had enough and ordered yet another smash attack…hopefully a buying opportunity…Hui 180/85…I am waiting.
No other mkts have done anything to cause this and Comm currencies still flying…still with SEC absorbed 24/7 by ‘Debbie does Dallas’, what do we expect for our Tax Dollars.
goldielocks
“AND, like Obama’s choice of Biden, ensure that NOBODY would dare try to assassinate Trump for fear Sanders would become President. :->”
LOL! ain’t that the truth! 🙂
Farmboy @ 8:58 Re Reason For Higher Gold
Re part:
“The rally in gold futures, which investors often buy when they’re worried about economic growth, has caught many by surprise. Even after the market turbulence of the beginning of the year subsided, the metal has continued to gain.”
HELLO FARMBOY,
I saw the opportunity to respond, re “worried about economic growth”. My observation is it’s the dollar’s path up or down, dictated by the global central planners. I KNEW, (long story) on Dec 3rd, TPTB (global) decided to END the temporary dollar bull market they created in June 2014.
Knowing THAT? I predicted on that day…Lower dollar, higher Euro/Yen and higher Gold and it happened. I did NOT say it because I thought investors were going to get “worried”. I’m amazed by the baloney I see authored in the gov’t media. Forth branch of Gov’t.
Too funny but he has a point.
A discussion about who Trump should pick for VP. A blogger wrote…
I think if nominated, Trump should pick BERNIE SANDERS as his running mate.
Both profess to hate “cronyism” and the establishment/corporate collusion of BOTH parties against the American people.
It would accomplish THREE things:
1. – Give them a major win over Hillary.
2. – be a stick in the eye to the GOPe (They would be apolectic)
3. – AND, like Obama’s choice of Biden, ensure that NOBODY would dare try to assassinate Trump for fear Sanders would become President. :->
Portugeezer
I would love to see the mother of the navy seal murdered in Bengazi actually both mothers sue Hillary. 🙂
Portugeezer
Yep that subject came up. Guess you can look at it two ways but maybe a good idea if human rights violations become too expensive. As far as Arabs they wernt supposed to be our enemies at the time as far as I know. Yet they fund terrorists don’t take refugees and want to expand their cave man religious based power structure by instead offering to put up Mosiques everywhere. A sort of obvious weaponless invasion. Yes our gov should be sued as well for funding terrorists that Attack our troops including Benghazi.no longer allow these unspeakable criminals use citizens and troops as pawns and victims for power plays like their lives mean nothing.
Conversation about incoming refugees and the mess Europe in.
Told a friend ” female” besides pepper spray or tasers Id have to carry a knife with me.regarding the attacks in Europe. A female friend responded I’ll just have my gun not let them get that close. Told her they don’t have the second there and took their guns. Two others talked about it one saying the rules for carring knives is worse than guns. They change the lenght of the blade all the time. Told her no law against carrying a screwdriver. Another commented in seperate conversation just leave the knife in them and leave. Already seeing what’s happening in Europe women are arming themselves or planning on it. They might not be as easy targets as Europe where their sinister plan is not protecting the citizens. With the threat of Hillary getting in office and her tax plan on guns and bullets gun sales up again. One man hit the nail on the head on his blog by saying ” you can’t domesticate wolves.”
goldielocks
The Christians there have certainly been wronged but I sort of doubt that a lawsuit would get very far. The Assad gov was pretty much neutral on Christians … it’s the Jihadis who are kidnapping and killing them.
Ipso 11:30 ?
The christians in Mid East should also be able to sue their gov for lack of protection and human rights violation. Then so should the women there.
As it should be. They mismanage for personal gain, destroy the economy, create welfare instead of jobs it should come out of their pay checks instead of cutting funds to those already below poverty levels.
The mismanagement of social security should come out of their checks too.
8443
Blog/Sovereign Debt Crisis
Posted Apr 20, 2016 by Martin Armstrong
Muger Leslie
I have warned that Illinois is on the brink of bankruptcy. Now, Illinois Comptroller Leslie Geissler Munger says she will delay monthly paychecks for lawmakers and statewide officials since there isn’t enough money to pay the state’s bills and other services should come first. This is really interesting. What will happen next when the politicians cannot get paid?
Several Canadian firms operating in Guatemala, Eritrea may have civil claims against them heard in Canada
In the coming months, the BC Supreme Court is expected to decide whether a civil claim against a B.C. company with a mine in Eritrea can be heard in Canada.
Three former Eritrean mine workers claim Nevsun Resources Ltd. (TSX:NSU) was complicit in the Eritrean government’s use of conscripted labour and other human rights abuses at the company’s Bisha mine.
Should the court decide the claim can be heard in Canada, it could have wider implications for Canadian mining companies operating in countries with less than sterling environmental and human rights records.
More than three-quarters of the world’s mining and exploration companies are based in Canada and operate in 100 countries, according to a McCarthy Tétrault report on mining and the courts.
The Nevsun claim is one of three that have been launched against Canadian mining companies since 2014.
cont. http://www.mining.com/web/bc-supreme-court-to-decide-whether-a-civil-claim/
U.S. Supreme Court rejects Iran bank’s bid to avoid payout to attack victims
The U.S. Supreme Court on Wednesday ruled that almost $2 billion in frozen Iranian assets must be turned over to American families of people killed in the 1983 bombing of a U.S. Marine Corps barracks in Beirut and other attacks blamed on Iran.
The court’s 6-2 ruling dealt a setback to Iran’s central bank, finding that the U.S. Congress did not usurp the authority of American courts by passing a 2012 law stating that the frozen funds should go toward satisfying a $2.65 billion judgment won by the families against Iran in U.S. federal court in 2007.
cont. http://www.reuters.com/article/us-usa-court-iran-idUSKCN0XH1R6
BOJ should be wearing a straight jacket
Why Stocks Rebounded Overnight: Goldman Expects BOJ To Double Its Equity Purchases As Soon As Next Week
drb2 @ 10:37
That would be the horrible nightmare, to endure years of suffering and then be out of the market when it moonshots! Brrrrrrrrr I’d rather go up against Leatherface!
could this be it? or are we ‘always’ going to have ‘one more smackdown’ before takeoff?
Years back, I read somewhere that before a long Bear Market could reverse the last Bull had to finally give up.
Knowing myself as a True believer in honest money, I have thought of that axiom often.
What scares me more than anything would be after suffering all these years to finally sell out, and then watch the market reverse and never have the confidence to get back in.
We may be there now for many.