Happy Hour out East
Might turn positive end of the day ?
Checking in the Tent …..
Best wishes to Wanka for a speedy recovery
Thanks to Aussie crew for the updates
Everyone else ……. Keep the faith !!
Onward Pilgrims,
“Stay Gold”
Winedoc
“Golden Sunset at Cottage Last Weekend” …… we still have 3 ft of snow UGH

looking fiesty!
eom
I would love to see a last half hour washout without circuit breakers…could happen one day a la 1987
ipso facto
RE Assad
Trump should pause …yr right there is no upside for Assad, it does smell big time.
Plus look at the timing…just when the Russian fake news story is falling apart and the bad guys are about to be exposed…..they would be the only winners of taking on Vlad.
Politics 101
I told my son, “You will marry the girl I choose.”
He said, “No!”
I told him, “She is Bill Gates daughter.”
He said, “OK”.
I called Bill Gates and said, “I want your daughter to marry my son.”
Bill Gates said, “No”.
I told Bill Gates, “My son is the CEO of the World Bank.”
Bill Gates said, “OK”.
I called the President of the World Bank and asked him to make my son CEO.
He said, “No”.
I told him, “My son is Bill Gates son-in-law.”
He said, “OK”.
This is exactly how Politics works!
Maya @ 15:06
The whole thing stinks to high heaven. It’s absolutely a negative for Assad to have this happen, there is no upside. I sure hope you are right and Trump is not fooled but “sniffing out” the deep state. If he now wants to confront Assad and Russia … hell that’s one of the big reasons I voted against Hillary.
ipso facto @ 14:56
I smell a ‘false flag’. Assad narrowly escaped a slapdown from the previous accusations of ‘gas’… and that was later found to be a plant by the US backed rebels. So why would he try it now?
I smell a CIA deep-state operation to confound Trump.
What I find interesting about Trump is that he seems to be aware of these things in the background, and doesn’t mind playing the ‘victim’ until the treasonous deep-staters expose themselves. Then comes the twitter ‘bitch-slap’!
Copy That Maddog
I use Schwab Street Smart Pro software. I like it, but not familiar with any other operating system.
@Coal?
I think coal is fine, and very cheap. When I was a kid everybody burned coal in my neighborhood, even in NYC. I never saw any problems with it. Naturally if we went to NYC, you would find some powder (coal dust) on the hood of the car.
I used to have a little shop in my garage and burned cannel coal. It gave a nice blue flame and zero smoke. Never a complaint from neighbors. Imo the pro green environment thing is special interests that want grants and ability to sell a new products. Other special interests (welfare and big business)want to shut down US industry, and move it to other nations. They succeeded.
Trump never mentions HOW we ended up with bad trade deals, or HOW we ended up with high corporation taxes to off shore businesses, or HOW the environmentalists got all those SUPPRESSIVE laws to shut down US industries.
Imo the environment thing is all a hoax. The 20s 30s 40s 50s 60s had to be the most polluting years (politically technically) in history, with no real problems that I ever saw. I don’t see any difference in the environment today with all the “new rules” after the ’71 gold de-peg compared to the 1950s and ’60s.
If hackers are causing this ………………… more power to em!
Kim’s latest rocket test ends in fiery failure: North Korean Ballistic missile spins out of control and plunges into the ocean
Read more: http://www.dailymail.co.uk/news/article-4382716/North-Korea-tested-new-technology-latest-missile.html#ixzz4dP4DU4dw
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This development really sucks. Is Trump being manipulated? Why would Assad use poison gas when he’s already kicking ass?
Trump opens the door to military action in Syria after ‘horrible, horrible’ sarin massacre and warns: ‘My attitude toward Syria and Assad has changed’
http://www.dailymail.co.uk/news/article-4383544/Trump-Syrian-massacre-terrible-affront-humanity.html
I don’t know how you folks do it.
I don’t have any money in the paper market, but my stomach still churns about what I watch and read. I remember the stress of watching the market when I had skin in the game. Greed drives you to unhealthy situations, apparently.
I’ve been much saner (?) since deciding not to play the paper games and just stack physical. But still…. I feel sorry for you if you are in the market. (Even Farmboy!)
Hi Mr Coppe………………..Where is everyone ?????
Me I have been installing a new operating system on my ‘puter…Got Linux Mint running, plus all the Java based Apps and sites that u need for following the mkts..
1 st time in a long time that I have got TD Ameritrades ‘Thinkorswim’ operating smoothly…now all running like a Rolls Royce.
I see that GDX is back to near 23.00 and as of now 1250 Au is being defended…but a good bounce back someone wants lots of the PM’s!!!!!!
eeos @ 8:44 It’s not just coal…
Oil energy does the same thing as coal…. ties up oxygen when it’s burned.
I’m not a ‘climate change’ or ‘carbon tax’ advocate, but the fact is that burning coal and oil ties up oxygen into carbon dioxide. And it is only plant life that unlocks CO2 and frees up oxygen again. And we are rapidly depleting our rainforests and plant life on the planet. There are now enough known and proven oil and coal reserves to completely eliminate oxygen on this planet if they are burned! So it’s not a matter of ‘running out of oil’. It will cease when we run out of oxygen!
What we need is new, sustainable energy sources that do not burn oxygen.
Oh just trying to decide which way we’re getting
jammed next. silly stuff
On This Day, In 1933 FDR takes United States off gold standard.
On June 5, 1933, the United States went off the gold standard, a monetary system in which currency is backed by gold, when Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold. The United States had been on a gold standard since 1879, except for an embargo on gold exports during World War I, but bank failures during the Great Depression of the 1930s frightened the public into hoarding gold, making the policy untenable.
Soon after taking office in March 1933, Roosevelt declared a nationwide bank moratorium in order to prevent a run on the banks by consumers lacking confidence in the economy. He also forbade banks to pay out gold or to export it. According to Keynesian economic theory, one of the best ways to fight off an economic downturn is to inflate the money supply. And increasing the amount of gold held by the Federal Reserve would in turn increase its power to inflate the money supply. Facing similar pressures, Britain had dropped the gold standard in 1931, and Roosevelt had taken note.
On April 5, 1933, Roosevelt ordered all gold coins and gold certificates in denominations of more than $100 turned in for other money. It required all persons to deliver all gold coin, gold bullion and gold certificates owned by them to the Federal Reserve by May 1 for the set price of $20.67 per ounce. By May 10, the government had taken in $300 million of gold coin and $470 million of gold certificates. Two months later, a joint resolution of Congress abrogated the gold clauses in many public and private obligations that required the debtor to repay the creditor in gold dollars of the same weight and fineness as those borrowed. In 1934, the government price of gold was increased to $35 per ounce, effectively increasing the gold on the Federal Reserve’s balance sheets by 69 percent. This increase in assets allowed the Federal Reserve to further inflate the money supply.
The government held the $35 per ounce price until August 15, 1971, when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus completely abandoning the gold standard. In 1974, President Gerald Ford signed legislation that permitted Americans again to own gold bullion.
Comment:
USA won independence in 1776 and LOST it in 1913. Imo, the so called greatest generation, were really the greatest turkeys. 1917 WW I, 1929 depression, 1933 no more honest money, 1941 WW II, Korea, 1964 no more silver coins, 1971 to 1981 rates 6% to 21%, Stock market invisible crash ’72 to ’82, gas lines, oil $2 to $42, no more copper pennies, 1987 stock market crash, and we all know the rest. One fiasco after the next. We’re lucky things are this good.
http://www.history.com/this-day-in-history/fdr-takes-united-states-off-gold-standard
oskisko warrants
obbnf up 84% woo hoo!
Thought it would be worse
So after the open and the metal drubbing, the shares aren’t really doing that bad.
Maybe adding a bunch of jobs and goosing the economy might end being inflationary?
Riddle me this, why isn’t the USD soaring?
Maybe the Fed minutes will be a little less hawkish…
Wash, rinse, repeat
Part of our daily lives….
Eeos-thanks for posting your tech analysis! Nothing at all
wrong with posting other items [like I do]–but any technicians out there please post your charts and opinions–they are helpful.
