Loading ...I am in the middle of reading a C.S. Lewis book, ‘The Great Divorce’. An interesting tale of Heaven and Hell, and those that occupy those far off regions. Though, no longer ‘far off’ for Mr. Rockerfeller. I wonder what he thinks of his new abode? I will be careful not to judge him too much and pretty much subscribe to what Mark Twain once said about Heaven and Hell. That he didn’t want to say much about it because he figured he had friends in both places. 🙂
What In The World ??! Silver Took A Hit From Asia Last Night.
Wonder what that was all about. And surprised to see London did not join in on the pummeling.
and this happens with a falling dollar to boot ! Buygold, I’m so confused ! 🙂
Thanks For The Coffee(s) This Morning Maya, Your Instructions Were Simple Enough, But
did you mean my left or your right? And my eye sight is not so good first thing in the morning. Takes a little while and some coffee before they really begin to get focused and contrast is sharp. So I drank both cups. My taster seems to be mostly working though. I could tell one was a little weaker than the other.
Now if someone can just guide me on down to the train depot. I got a Gold Train to catch this morning. 🙂
Fox pulls Napolitano from air after Trump report
https://www.yahoo.com/tv/fox-pulls-napolitano-air-trump-report-023807823–politics.html
…and the beat goes on.
Let’s try this again…
Coffee on the LEFT, Earl Grey Decaf on the RIGHT.
Coffee is the DARK one, Farmboy!
Gold Train
Climb Every Mountain… The “Canadian” heads for Lake Louise.
http://www.railpictures.net/photo/610360/
At Rockefeller’s death I am reminded of a saying…
‘Only the good die young !’
Some may find this interesting :
Well – I tried , but the link yields only a header , not the whole story , which includes words like nefarious , etc.
One of the comments recommends burying him face down so he cannot dig his way out of the grave .
Farmboy @ 22:36. I have not been a follower of market conditions for cobalt, so cannot
add any useful comments beyond what you posted at 22:36 from the tradingeconomics.com website. Now that you have alerted this forum about cobalt, I will keep a closer eye on who are some of the key producers. Best wishes to you from the Pacific coastal region.
Someone mention the Kings? Might have to be the new Goldbug anthem to replace REM Gold and Silver Shine…
The Beat Goes On…
Wow, after last night, I thought I would be on mm4, so my social experiment panned out…No one reads my blah except the dude next to me @NSA
commish, that Betsy Rockefellar borders on SnG/Clif High wuwu.
No connection to the Jooz tho for BG and R640 to discuss…
Gunning for mm5
Farmboy @ 10:44 “The Kings are running”
Wow! Flashback! I immediately thought of the song “King Mackerel And The Blues Are Running” — the Coastal Cohorts– from my days in North Carolina. No, I never got out to the beach at the right time, but people talked about it every year when it happened. Great fun. Good luck!
Buygold, Up 128% In A Year. Think Its Too Late To Join The Rush?
Maybe Equisetum knows more about this since Canada is world’s Number 2 Producer. ??
Good little assault
USD down but who cares, hit it anyway…
Always pure comedy
Although there is little chatting about natgas on this forum, I cant help but be
encouraged by the plans to get on with the North Montney Mainline Project ahead of the schedule earlier projected.
James Kunstler this week–excellent!
Full Speed Ahead for Murphy’s Law
You might not know it, given all the ambient noise of the moment, but beyond the torments of news and propaganda there is still something called the nation. It’s more than just a political compact. Until not long ago it was also a culture, an agreed-upon set of values, practices, and customs that amounted to an identity: I’m an American. If you canvassed the crowd in Yankee Stadium one summer afternoon in 1947, I imagine each person would answer that way rather than saying I’m a wounded war veteran, I’m a WASP, I’m an oppressed housewife, I’m a negro, I’m Italian, I’m a Jew, I’m a union member, I’m a communist, I’m queer, I’m a rape victim….
These days, the hardships of history are shattering the nation and our response politically has been to take refuge in a matrix of rackets. Most of these rackets are economic, because it’s the essence of racketeering to extract the greatest benefit possible from the object of your racket at the least cost to the racketeer. In plain English, it’s an organized way of getting something for nothing. The identity politics of our time is another form of racketeering — extracting current maximum benefits on claims of mistreatment, often bygone, specious, or only imagined.
And so one of the truly existential questions of the moment is whether we’ll continue to be a nation, even geographically, and a lot of sentient observers aren’t too sure. Apparently we’re not too sure we even want to be. This is why the campaign slogan of Hillary Clinton, “Stronger Together,” rang so false when the Democratic Party worked so diligently in 2016 to construct separate identity fortifications and then declared culture war on the dwindling majority outside the ramparts. And you’re surprised that Donald Trump won the election?
Trump won by making promises that he’ll never be able to keep under the current circumstances. The main promise was to restore the standard of living enjoyed in bygone decades by former industrial workers and clerks. His promise was based on a misunderstanding of history: the notion that the industrial organization of daily life was a permanent part of the human condition. You could detect by the early 21st century that this was not so anymore. That was exactly why we tried to replace it with an economy of rackets. When there’s nothing left, a lot of people are going to try to get something for nothing, because there’s nothing else to do.
Hence, the financialization of the economy. In the 1950s, finance made up about five percent of the economy. It’s mission then was pretty simple and straightforward: to manage the accumulated wealth of the nation (capital) and then allocate it to those who proposed to generate greater wealth via new productive activities, mostly industrial, ad infinitum. It turned out that ad infinitum doesn’t work in a world of finite resources — but the ride had been so intoxicating that we couldn’t bring ourselves to believe it, and still can’t.
With industry expiring, or moving elsewhere (also temporarily), we inflated finance to nearly 40 percent of the economy. The new financialization was, in effect, setting a matrix of rackets in motion. What had worked as capital management before was allowed to mutate into various forms of swindling and fraud — such as the bundling of dishonestly acquired mortgages into giant bonds and then selling them to pension funds desperate for “yield,” or the orgy of merger and acquisition in health care that turned hospitals into cash registers, or the revenue streams on derivative “plays” that amounted to bets with no possibility of ever being paid off, or the three-card-monte games of interest rate arbitrage played by central banks and their “primary dealer” concubines.
Some of what I’ve listed above may be incomprehensible to the blog reader, and that is because these rackets were crafted to be opaque and recondite. The rackets continue without regulation or prosecution because there is an unstated appreciation in government, and in the corporate board rooms, that it’s all we’ve got left. What remains of the accustomed standard of living in America is supported by wishing and fakery and all that is now coming to a climax as we steam full speed ahead into Murphy’s law: if something can go wrong, it will.
When all of America comes to realize that President Trump doesn’t know what he’s doing, it will make last November’s national nervous breakdown look like a momentary case of the vapors. What can go wrong awaits in markets, banks, currencies, and the immense dark pools of counterparty obligations that amount to black holes where notions of value are sucked out of the universe. There is so much that can go wrong. And then it will. And then maybe that will prompt us back to consider being a nation again.
Farmboy @ 15:58
Pretty sure Rockefeller went the other way! 
Nat Gas? Looks like it wants to go up.
It definitely hit the buy zone area and bounced, also in late 2015 early ’16 like Gold.
Nat gas charts:
FYI GDX
Its about 9% higher than March 9th and its 84% higher than the $12.40 low 1/19/16 and $22.90 now, that’s 84% higher.
Maya
” My problem is that there is never enough ‘now’ for all the things I want/need to do.”
Think what a blessing it is to have tomorrow to look forward to for completion of what was begun today.
Pretty decent close
I’m sitting with some dry powder and a little worried we might get one of those big rallies out of the blue.
Tried to fish some GPL, EXK, SLW and MUX but to no avail….
Maya @ 15:58 LOL !
Did you get the autographed copy of the book? ‘Everything You Need To Know To Survive Noodling by RNO”