And this is what happens when they get in.
DEMOCRAT MAYOR AND POLICE CHIEF SIT BACK AND WATCH WHILE CITIZENS ARE ATTACKED AT TRUMP RALLY. Time to exterminate the roaches  because we’re becoming infested left and right  with a hostile anti- American invasion.
https://www.google.com/amp/s/theconservativetreehouse.com/2016/06/03/donald-trump-supporters-terrorized-by-raging-mobs-in-san-jose-a-democrat-mayor-and-police-chief-watched-it-all/amp/?client=safari#

……or…….Be right, sit tight, and sleep at night!!!!

A nice way to end the week!

Apparently lots of gold contracts over at the crimex are standing for delivery. Fingers crossed!

Have a great weekend everyone!

Crazy day and a good day but they sure have held the line at up $31 all day long and of course have brought the SM back from the grave as they have every day this week.

samb may be right and gold might just be reacting to the USD weakness but if so, it’s the first time all week that it has. Puts could be the right play, I dunno.

One thing seems clear, the Fed and Goldman have these markets completely controlled with whatever computer programs they use. Every market is on autopilot, especially the SM. Zero price discovery.

COT Report

http://www.cftc.gov/dea/futures/deacmxlf.htm

Looked around this morning got some info not verified central banks were buying that contributed to this rise. Until now it was either gonna run either way but still looked like it could gain for now. I wouldn’t be too bullish for rise about 1300 now a resistance area until it moves to 1280-90 witg caution but if you wait too long after might be hard to git a good bid. But then it’s for strong nerves and mental stops and watching patterns. We still have interest rate rises that could bring it back down for now. I think we will have the dollar and gold plus probably commodities pull just not at same time. Have to keep a eye on other sectors overseas.

Like the  Chinese are still buying.
Can guess a safe haven for rising interest rates in the US. Now just that on global scale. Be they allow their currency to decline or they sell US reserves to keep the yuan afloat they are as citizens I understanding restricted in buying dollars. Either way it will create demand. It also helps the confidence is yuan’s value. For the government and the ones who can afford it.

Down and down all month, and BINGO, abruptly back up. I can well imagine how many thousands investors got in a little late, on highs, got discouraged and sold at lses on the way down, not realizing that the dollar going up all month was a mistake. Or a contra trend rally. My view the main trend is a lower dollar. And higher gold.

This one day jump over rode most of the decline.
http://schrts.co/uJPGOr

https://youtu.be/fSgMHI_El9E

Talk about perpetrating the BIG LIE. Goebbels and Bernays are smiling up from the fires of hell as their acolytes of propaganda have kicked it into hyper-drive.

http://www.zerohedge.com/news/2016-06-03/funniest-bls-report-ever

What a great day to be riding the gold train!  Like a blast from the past… The luxury liner of the 60’s, the Union Pacific “City of Los Angeles” on it’s westward trek. The demand was too great for just one train, apparently, as this is the first section with sleepers and first class diners. The second section of the train follows in about half an hour with the ‘all coach’ section. 24 hours to  Los Angeles. This particular locomotive survives today and still pulls the UP Gold Trains!
http://www.railpictures.net/photo/578641/

On the other hand … holding a $30 gain is nothing to be sneezed at.

If your time horizon is 10 minutes maybe puts are a good play.

ure

Sure looks gold and silver are ONLY reacting to the fall in the dollar. Pretty much flat line. Unless dollar drops some more, then this is it. Seeing no follow through to the upside. We be tied to the dollar hip for now.

then to buy PUT options on the miners. This one should be easier then most.

Dollar taking it on the chin, and jaw, and nose this morning.

Iran says in talks with Rio, Glencore about copper projects

Iran says in talks with Rio, Glencore about copper projects

South African gold miners to appeal silicosis ruling

The IKN post regarding Primero’s (PPP) (P.to) decision to take Mexico to court under NAFTA rules contains swear words

You have been duly warned.

You fucking stupid self-entitled bunch of gringo assholes, what the FUCK are you thinking? You do not take a sovereign nation to court just a few short months into any dispute, let alone the country where you have your main operating mine! You negotiate and negotiate and negotiate again, this type of action is the final recourse and there is no way in the fucking world you can tell us that you’ve reached the end of the road after such a short time.

Not only that, but this is exactly the same Primero that had two worker deaths last year, a record so poor it forced the company to overhaul its own pisspoor work practices. Oh what fun you gonna have when Mexico starts a careful check of your track record and asks your employees about the lax health & safety rules you used to cut costs that put the lives of their citizens in danger.

You stupid arrogant fucks have opened a massive can of worms. You do NOT piss off countries like this. The Donald Trump school of international relations may get you all testosteroned up and hi-fiving in the boardroom but when you find out what your HOST COUNTRY (for cryin’out loud!) can and will do to you I’m 100% certain you’ll be feeling a very different set of emotions.

Sack the person who advised you to do this immediately, dumbfuck gringos. Proxy slate, anyone?

There, told you there were some swear words. The offending PPP

http://incakolanews.blogspot.com/

http://www.zerohedge.com/news/2016-06-03/trump-supporters-terrorized-massive-san-jose-street-brawl-police-lose-control

Good morning Farmboy. I wrote posts years ago about that, re the real adjusted for abnormally low tax payer wages, unemployment rate. In other words, if the inflation adjusted minimum wage is 30% below 1970, then we have a real unemployment rate EFFECT, of 40% unemployed.

If for example tax PAYERS were extremely OVER paid, and minimum wage was $50/hr, we would have an unemployment rate of MINUS 30% or 130% employment rate.

Reliant Gold and Goldcorp Agree to the Terms of a Proposed Purchase by Goldcorp of Reliant Gold’s 49% Interest in the Borden Lake South JV

http://finance.yahoo.com/news/reliant-gold-goldcorp-agree-terms-125222991.html

Tudor Gold Corp. Announces Another New Property Acquisition in Golden Triangle Area, British Columbia

http://finance.yahoo.com/news/tudor-gold-corp-announces-another-131800840.html

Premier Gold Announces Closing of Financing Arrangement

http://finance.yahoo.com/news/premier-gold-announces-closing-financing-135900961.html

Primero Notifies Mexico of an Investment Dispute Under NAFTA

http://finance.yahoo.com/news/primero-notifies-mexico-investment-dispute-212706917.html

Rye Patch Announces Cdn$40 Million Private Placement of Subscription Receipts to Fund Florida Canyon Gold Mine Acquisition

http://finance.yahoo.com/news/rye-patch-announces-cdn-40-232600476.html

Atlantic Gold Provides Update With Reclamation Security and Commencement of Earthworks

http://finance.yahoo.com/news/atlantic-gold-provides-reclamation-security-120000496.html

Prior momentum and false higher rates news kept dopey/dollar climbing too long.

I just KNEW the dollar bull futures players were pushing their bullish dollar play too far, and TPTB would step in like they always do, and brutally re-direct the futures players in the desired direction.

The gold short or bearish futures players pushed gold too low. So Gold bears and dollar bulls playing futures got there asses handed to them this morning, to change their mentalities.

On Dec third the managers started new trends, lower dollar higher gold.

Dollar got too high:
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1

Gold got too low:
http://finviz.com/futures_charts.ashx?t=METALS&p=d1

Charts: What’s the real unemployment rate?

http://www.cnbc.com/2016/06/03/charts-whats-the-real-unemployment-rate.html

Silver, as my eyes see it, is the one giving the Boyz the most trouble. It appears silver keeps giving them the finger and has been tougher to corral than gold the past couple months. Im watching silver today, since I think it will take the lead for awhile, even more so than gold. Gold will be fun to watch, but I think the real get down and dirty, spit in their eye, fight will be in the Silver pit today.

Will definitely be putting some funds into the Sprout bag. And thanks to all who shared their opinions and experience on the subject of etf’s. Will try to keep my ‘gambling’ to a small portion of my war chest but I think its time I took a little back from the banksters that have taken from me over the years. Wish me luck, and say prayer, Im going to need all the advice, and help, I can get.

Best to all, Farmboy ( who thinks he might need a new truck, and wants the bankers to pay for it.)