The engine started malfunctioning, leading to the summer ’08 global meltdown fiasco. So now, the natural result, is to go back to multiple engines, independent pockets of self reliant engines, or nations
SNG
Armstrong didn’t back track but made his argument lol He made some points people here aren’t looking at. Like the Britexit. That is coukd result in the dismantling of the Euro driving money out of Europe and their currency.
Heres Martins take on the market in the future. Bullish That’s only if Britexit occurs no one here is loo
Wasn’t a take out. Darn
Arizona Mining Continues Expansion of Taylor Deposit- Intersects 85 Feet of 9.4% Zinc, 12.8% Lead and 3.92 Opt Silver- More Drill Rigs Added
http://finance.yahoo.com/news/arizona-mining-continues-expansion-taylor-152000551.html
silverngold @ 10:43
“The Wiggler” LOL!
I wonder how much he has cost his subscribers?
Here’s Larry, trying to wiggle out of the hole he has dug for himself. LOL!!!
Now he’s changed from “gold has not bottomed yet” to “Yes, gold has bottomed, last December.”
What a clown!! LOL!!!
|
||||
| Dear Silverngold,
Gold’s bounced a bit, and now, everyone wants my head. They figure — again — that gold is ready to blast off to $1,300 … then $1,350 … then $1,500 and even higher, without ever looking back. They say the background environment for gold — and other precious metals and mining shares — has never been more bullish. I say, baloney! Yes, gold has bottomed, last December. Yes, gold, the precious metals and miners are in new bull markets that will see much higher prices and could last for years. But no way are the metals or miners going straight up from here. No way are they on a rocket rise that will never look back. And no way should you jump on board with both feet. You’ll surely lose it all. |
7 come 11 Baby needs a new pair of shoes!
IIROC Trading Halt – AZ.TO
Kunstler website under attack
My website, Kunstler.com, has been under “Denial of Service” (DoS) attack for two weeks with especially aggressive tactics the last two days.
The Clusterfuck Nation Monday Blog is being run on the Patreon site for the time being. You can get today’s blog with this link: https://www.patreon.com/posts/june-6-cfn-blog-5730578
!! THIRD PARTY !!
!! BERNIE FOR A THIRD PARTY RUN !! WRITE IN BERNIE SANDERS !!
(lets make this go viral)
Goldcorp and Teck plow ahead with new $3.5bn mine in Chile
Canadian miners Goldcorp (TSX:G), (NYSE:GG) and Teck Resources (TSX:TCK.A & TCK.B) (NYSE:TCK) are moving ahead with their new $3.5 billion mine in Chile’s Atacama region, with a pre-feasibility study expected to be ready by the second half of 2017.
The 50/50 joint venture, expected to be one of the largest copper-gold-molybdenum mines ever-developed in Latin America, will now be known as NuevaUnion (meaning new union), to symbolize the merger of their two projects in the region, El Morro and Relincho, announced last year.
The miners are currently working on several scenarios and development plans to complete a pre-feasibility study, they said in an e-mailed statement. They also plan to begin working on the environmental and social aspects of the project in the second half of this year, they noted.
cont. http://www.mining.com/goldcorp-teck-plow-ahead-new-3-5bn-mine-chile/
Hui takes out recent Hi….making clear 5 waves up….
Ideally like to see weekly close confirming a new Hi/5 waves….but 1st clue given…… that a new Bull is born !!!!!!
So … how’s that NIRP working for ya?
NIRP Blowback: Commerzbank Plans To Hoard Billions In Euros In Vaults, Avoid ECB
As The ECB threatens deeper and deeper NIRP, because that’s what the ‘economy’ needs, it seems unintended (though entirely foreseeable) consequences abound. Just three months after Munich Re – the world second-largest reinsurer – started buying gold and hoarding cash to counter negative rates, in order to avoid The ECB’s increasing ‘fees’ for depositing cash with the central banks, Reuters reports that Commerzbank – one of Germany’s largest lenders – is mulling the possibility of hoarding billions of euros in vaults.
Although no decision has yet been taken, the lender has held discussions on the matter with German authorities, said two officials, who asked not to be named because of the sensitivity of the matter. As Reuters reports, a spokesman for Commerzbank said it was not storing cash “at the moment” and declined to comment on whether it might do so in the future, and The ECB declined to comment…
Tourists, expats hunker down in PNG amid violence
SYDNEY, June 8 (Reuters) – Tourists, expats and business owners in Papua New Guinea joined locals in hunkering down for a night of potential violence amid fears of “payback” against the nation’s police force after it opened fire on a group of students, wounding several.
“This is going to get worse before it gets better,” Greg Anderson, executive director of the Papua New Guinea Chamber of Mines and Petroleum said from Port Moresby, where a protest against the government of Prime Minister Peter O’Neill erupted on Wednesday. “Incidents like this trigger paybacks, which could easily spiral out of control.”
http://finance.yahoo.com/news/tourists-expats-hunker-down-png-092415880.html
Maddog
I hope the Brits don’t chicken out as well. The 23d is coming fast.
I wonder if the EU is even going to exist in a couple of years?
An example of how Brexit is being gamed by the Scum
A live TV question and answer show last night between Farage and Camabuffooon was held….Polls show Brexit just ahead and bookies are the same almost.
An on line Poll was done after the show…..Stay 13 % undecided 3 %…….Leave 84 %
Maddog, Looks Like She Is Wearing a Tater Sack,
Would think for 12,000 she could buy something that made her look good. Even a rain barrel would have looked better on her. Course, she is broke you know !

Good morning Oasis
Torex Pours 29,995 Gold Ounces in May and 92,460 Ounces YTD Aided by a Positive Reconciliation Against the Geological Model
http://finance.yahoo.com/news/torex-pours-29-995-gold-100000199.html
Eastmain Resources Files its Second Quarter Financial Statements and MD&A
http://finance.yahoo.com/news/eastmain-resources-files-second-quarter-121437493.html
K92 Mining Inc. Signs Offtake Agreement for Concentrate and Reports on Site and Corporate Progress
http://finance.yahoo.com/news/k92-mining-inc-signs-offtake-180054646.html
Handeni Gold Inc. Announces Reverse Stock Split
http://finance.yahoo.com/news/handeni-gold-inc-announces-reverse-123000430.html
Hellary ….dumb as a stump
Hillary Wears $12,000 Suit During Income Inequality Speech
https://pjmedia.com/trending/2016/06/07/hillary-wears-12000-suit-during-income-inequality-speech/1/
the worst part is I bet she hasn’t paid for it…just told ’em to send her something for the Speech.
THE DOLLAR HAS TO GO DOWN AND GOLD UP THIS WEEK Tues May 30th
It worked. Two out of two good calls ain’t bad. On Dec 3rd I felt the engineered Dollar rally that started in mid 2014, was FINALLY too high, too long, and the bozos running things would have to nudge it back down. (gold up)
The recent fed engineered bear market rally with the dollar (gold lower) that started in May, I felt also got too high AGAIN and the bozos had to push it back down again, and DID so with an engineered false “bad” jobs report to convince the dollar bulls to stop playing that dollar bounce.
Forget the charts to see turning points. We need to guess at what times the central planners change the dollar’s value.
dollar lower call starting Friday May 30:
http://finviz.com/futures_charts.ashx?t=DX&p=h1
Final Bottom Gold call Dec 3rd:
http://finviz.com/futures_charts.ashx?t=GC&p=d1
Dollar lower call after Dec 30th:
http://finviz.com/futures_charts.ashx?t=DX&p=d1
Oh Hell, Those Cherrios Were Soggy Anyway,
But I tell ya, I think we have evidence of what those secret White House meetings with Yellen were all about. Keep the markets up, at any cost, going into the Elections. Democrats have enough problems they dont need falling markets to highlight their failed Economic Policies. Im looking for the Dollar in mid 80’s by summer’s end.
Even with all the fudging and torturing of those gubberment economic figures, it aint enough to run up the markets. Sooooo, time to drop the dollar. Might even help those horrendous trade deals look a little better ??
My two cents worth. But hey, If I was smart, I would be living next door to you with the rich folks.
Silver off to a good start, lets hope it can push upwards some more as the day wears on.
Farmboy
Now why do ya have to go pissing in my Cheerios? 🙂
No doubt you’re right, the buck is taking a hit today. Nonetheless, I feel a little richer…. 🙂
