Bitcoin is not for me. It has value in the sense that fiat does, as long as others will accept it for real goods. From that standpoint it is as good as dollars.

I see the metals are slowly drifting higher, and yet the shares don’t follow.

The 43rd president was speaking at the Ronald Reagan Presidential Library in Simi Valley, California, to promote his new book, “Portraits of Courage,” a volume of his paintings of military veterans.

“Should have bought some Bitcoin, who would’ve thought it would be more valuable than gold?”

Actually, it has no value, it is a cyber invention that is worth only what people say it is…just like the beads Indians used when trading back in the day.  One day the bubble will burst, as it does with all things lacking value.

Gold, on the other hand, has retained its value for over 5,000 years.  Don’t let the manipulators derail your thinking.

I put a lot of thought into the “situation” and came to the conclusion, decades ago that only a stealth public BOYCOTT of any and all imported products was the ONLY way to fight back. All the problems we have are DIRECTLY related to IMPORTING more than we export. I heard the accumulated loss was $15 Trillion, but I think it was far more than that. Americans should have known better years ago. They all got FOOLED. Duped into gleefully going for rat poison cheap imports.

You may see it as a “hit” piece, however, I remain skeptical due to what McMasters said more recently….February 23, 2017, to be exact:

WASHINGTON — President Trump’s newly appointed national security adviser has told his staff that Muslims who commit terrorist acts are perverting their religion, rejecting a key ideological view of other senior Trump advisers and signaling a potentially more moderate approach to the Islamic world.

The adviser, Lt. Gen. H. R. McMaster, told the staff of the National Security Council on Thursday, in his first “all hands” staff meeting, that the label “radical Islamic terrorism” was not helpful because terrorists are “un-Islamic,” according to people who were in the meeting.

That is a repudiation of the language regularly used by both the president and General McMaster’s predecessor, Michael T. Flynn…

against Small business by putting Healthcare Costs on them..They cant possible recover those costs from a cup of coffee or a Donut shop .Yet they employ more employees  ,,thats an unfair advantage to big monopoly business to attract better grade employees .All the small business can do is reduce overtime and cut out full time employees to avoid the costs .How is that going to cut unemployment ?   The idea is to boost employment ..stop raising the COST to small business .Bribery and corruption from big business keeps this discrimination going against small business. .

The USD is unstoppable as is the DOW. We’really pretty much the only country in the world raising rates.

Still, the action in the metals isn’t horrible. Should have bought some Bitcoin, who would’ve thought it would be more valuable than gold?

I don’t agree at all. McMaster is Bannon’s choice. I trust Bannon. Those hit pieces floating around are based on some speech he made in uniform during the last administration–a source not to be trusted, the military had to be PC.

Here is a great analysis of McMaster’s actual record, from a man I trust.
http://www.thomaswictor.com/mcmaster-brilliant-choice/

You’re 100% right. We fought Vietnam with one arm tied behind our back, and it was the same after 1975 for the economy. They PURPOSLY did all the bad things to us. In my view the USA did not have its own Gov’t.

We always had someone elses gov’t. No gov’t would do to its OWN people that this one did since 1975. Even Ron Reagan ’81-’89 did NOTHING to stop outsourcing. He (they) even gave tax incentives deductions to buy imported machinery rather than domestic made machinery.

Hey, look, they won, we lost. So at this point in time, we have nothing left to lose, and the winners are finished, and being put into the “give back” mode now. Nothing left to win.

ITS HOW MUCH IT COSTS YOU !   ……PAY THE SAME ,BUT REDUCE THE cost  is what Trump needs to do !

Stop making it expensive to employ Labor !   What you pay Labor is small compared to what it cost you !

remove the Cost of HealthCare from the LABOR COST .Foreign employers dont have healthCare Costs to contend with ..that makes their LABOR Cheaper !  The Cost of healthCare costs $6000 per AUTO ? Why should American employers have that COST disadvantage to compete with.   Lower the COST of LABOR to employers and raise the PAY !   we will export more ! and reduce the burdons of unemployment and welfare ..93 million unemployed ARE VERY EXPENSIVE !  Put them to WORK !

Foreign Governments bear the burdon of HealthCare ,not their Employers thats a terrible competitive disadvantage to our Corporations.

Governments should provide HealthCare and give Taxpayers something for thier MONEY instead of squandering TAXES  on Foreign wars and mid East intrigues..    Government should provide something for the money they take and besides who can better control COSTS ..just compare medicare costs to Private Costs  its outrageous  I pay Medicare $100 per month to cover 80% of my medical Costs ..then my Private suppliment costs Twice that to cover the remaining 20%  REALLY ?  Private Costs are 8  TIMES HIGHER ..I cant negotiate price reductions ..the Government CAN ! They do it in Europe ! It can be done ? It is being done !

Reduce the COST of LABOR ,not the wages !

Gold has been sold all day in London, in a classic scum, no rallies allowed fashion and now that massive GDX seller is back on most offers.

I think they call that inflation, when they grow the money supply.

The world’s gold miners will be running on the spot for years to come as a surge in gold prices prompts them to secure new production from less profitable projects, according to the largest mine streaming and royalty company.

“In my mind, the industry is ex-growth,” said David Harquail, chief executive officer of Franco-Nevada Corp.

After a downturn that squeezed capital investments, most gold producers have no choice but to invest in new projects as existing mines are depleted, Harquail said Wednesday in an interview. They’ll be faced with options that are, cumulatively, unlikely to boost global gold production or lower the sector’s overall costs.

“None of those projects are really great,” Harquail said at the BMO Capital Markets mining conference in Florida. “They would have been built by now if they were.”

cont. https://www.bloomberg.com/news/articles/2017-03-01/gold-miners-running-to-stand-still-after-cuts-franco-ceo-says

Eventually the USA will block mathematically cheaper foreign imports, like Gold Silver Oil and Metals in general. They will cost a lot more, for domestic produced, like the pre globalization pre free trade days, but we will pay the higher prices to ourselves.

That’s how it was 1945 to 1975. We paid HIGH prices to our fellow Americans, for everything locally produced. The US Gov’t had budget surpluses. The economy had trade surpluses. Only one entry level breadwinner job needed instead of two.

No food stamps, no credit cards. Nobody even had heath insurance. That’s another artificial job creation scheme. Zillions of middle men between you and the Dr or the Drug Store, with this constant fear of health matters.

We are all living on the thin crust of a big ball of molting magma. Plus it’s spinning around, and floating thru space. We’re lucky things are this good. The planet is alive, and does what it naturally does. It gradually shoves land masses down into the magma, and magma flows out of volcanoes, makes more land, and then more room for more land to sink into the magma.

Remember when Iraq set all those oil wells on fire? Mother Earth didn’t even notice it. Remember the Oil erupting out of the bottom of the gulf of Mexico for a long time? And the Exxon Valdez mess? A cargo pilot friend of mine that spent his life in the air, in a 747, told me the absolute worst things for the environment are volcanoes, and humans have nothing to do with volcanoes.

The new global economy will gradually phase out many of the old artificially created unnecessary occupations that cost society money. The EPA? Parks Dept? HnR Block? Accountants? Secretaries? Goodbye with simple tax returns. Many others. Domestic manufacturing will probably absorb all the gradually unneeded people.

The Kuwaiti oil fires were caused by Iraqi military forces setting fire to a reported 605 to 732 oil wells along with an unspecified number of oil filled low-lying areas, such as oil lakes and fire trenches, as part of a scorched earth policy while retreating from Kuwait in 1991 due to the advances of Coalition

The fires were started in January and February 1991. The last well was capped on November 6, 1991

take Gold off the Dollar Standard and let the Price of Gold go up and thereby reduce its importance and make exports more viable ,as Gold goes up exports will skyrocket .Exports will lead to more value gains than holding Gold .Americas real wealth lies in its ability to export ,our history proves that .  Why not use Americas natural strengths to its advantage ?Raise the price of Gold ,make it expensive to own so investors will invest in Exports instead of Gold. Make it very expensive !    Make labor cheap so it gets better employed and Gold expensive so it becomes a store of value instead encouraging speculation in it.!  Gold is too cheap,Labor is too expensive!  Employ more Labor !

ZH is bunch of HOT AIR. You know these guys are so honest and fourth right that they use pens names. Who are you going to trust a bunch of sissy’s who hide behind computers or a non-politically motivated peer review study. I’ll stick with the later, or at least consider it more than anything ZH publishes.

Monument Reports Second Quarter Fiscal 2017 Results

http://finance.yahoo.com/news/monument-reports-second-quarter-fiscal-221213085.html

IDM Mining Files NI 43-101 Mineral Resource Update Technical Report for the Red Mountain Gold Project

http://finance.yahoo.com/news/idm-mining-files-ni-43-000127141.html

Northern Vertex Reports Second Quarter Fiscal 2017 Financial Results

http://finance.yahoo.com/news/northern-vertex-reports-second-quarter-005700425.html

Avino Announces Financial Results for Q4 and Year End 2016

http://finance.yahoo.com/news/avino-announces-financial-results-q4-012600817.html

Suspected militia kidnaps 5 workers at Banro mine in east Congo

http://finance.yahoo.com/news/suspected-militia-kidnaps-5-workers-095456738.html

CB Gold Changes Name to Red Eagle Exploration

http://finance.yahoo.com/news/cb-gold-changes-name-red-103000268.html

Orca Gold Announces Pre-Feasibility Study Update for its Block 14 Gold Project

http://finance.yahoo.com/news/orca-gold-announces-pre-feasibility-132316669.html

Kerr Mines Completes Dewatering at Copperstone and Begins Next Phase Towards Re-start of Production

http://finance.yahoo.com/news/kerr-mines-completes-dewatering-copperstone-134500705.html

Let’s look on the bright side, we’ll only have nine more years of enduring daily pm pain.

Will humans be extinct by 2026?

In the Arctic, vast amounts of carbon are stored in soils that are now still largely frozen. As temperatures continue to rise and soils thaw, much of this carbon will be converted by microbes into carbon dioxide or methane, adding further greenhouse gases to the atmosphere.

In addition, vast amounts of methane are stored in sediments under the Arctic Ocean seafloor, in the form of methane hydrates and free gas. As temperatures rise, these sediments can get destabilized, resulting in eruptions of huge amounts of methane from the seafloor. Due to the abrupt character of such releases and the fact that many seas in the Arctic Ocean are shallow, much of the methane will then enter the atmosphere without getting broken down in the water.

What makes the situation so dangerous is that huge eruptions from the seafloor of the Arctic Ocean can happen at any time. We can just count ourselves lucky that it hasn’t happened as yet. As temperatures continue to rise, the risk that this will happen keeps growing.

This dangerous situation has developed because emissions by people have made the temperature of the water in the Arctic Ocean rise, and these waters keep warming much more rapidly than the rest of the world due to a number of feedbacks.

One such feedback is the retreat of the sea ice, which in turn makes the Arctic Ocean heat up even more, as much sunlight that was previously reflected back into space by the sea ice, instead gets absorbed by the water when the sea ice is gone.

Without sea ice, storms can also develop more easily. Storms can mix warm surface waters all the way down to the bottom of shallow seas, reaching cracks in sediments filled with ice. This ice has until now acted as a glue, holding the sediment together. As the ice melts, sediments can become destabilized by even small differences in temperature and pressure that can be triggered by earthquakes, undersea landslides or changes in ocean currents.

As a result, huge amounts of methane can erupt from the seafloor of the Arctic Ocean and once this occurs, it will further raise temperatures, especially over the Arctic, thus acting as another self-reinforcing feedback loop that again makes the situation even worse in the Arctic, with higher temperatures causing even further methane releases, in a vicious cycle leading to runaway global warming.

Such a temperature rise in the Arctic will not stay within the borders of the Arctic. It will trigger huge firestorms in forests and peatlands in North America and Russia, adding further emissions including soot that can settle on mountains, speeding up the melting of glaciers and threatening to stop the flow of rivers that people depend on for their livelihood.

These developments can take place at such a speed that adaptation will be futile. More extreme weather events can hit the same area with a succession of droughts, cold snaps, floods, heat waves and wildfires that follow each other up rapidly. Within just one decade, the combined impact of extreme weather, falls in soil quality and air quality, habitat loss and shortages of food, water, shelter and just about all the basic things needed to sustain life can threaten most, if not all life on Earth with extinction.

Read more and see graphics and charts

drugs are dangerous!

Blizzard warning issued in Hawaii

Hunkered down with Liquid snow at the ranch.