Posted by Ororeef
@ 23:31 on June 6, 2017
Duterte Says He Can Be 50 Times More Brutal Than Terrorists
The Philippine president has warned that he can be 50 times more brutal than Muslim extremists, saying he’d even eat them if they’re captured alive by troops.
President Rodrigo Duterte has repeatedly threatened drug suspects with death, but he raised his shock rhetoric to a new level Sunday when he said in a speech during the opening of a national sports tournament what he could do to terrorists who have staged beheadings and other gruesome attacks.
Duterte ordered troops to kill fleeing Muslim militants behind a foiled attack in the central resort province of Bohol, calling the extremists “animals.”
He said he can “go down what you can 50 times over … just give me vinegar and salt, I’ll eat his liver.
Posted by macroman3
@ 23:09 on June 6, 2017
World reorder on turbo. Saudis annex Qatar before the end of the month and suck as much gas from Iran’s half of the Fars gas field as fast as they can. Whether Iran responds forcefully or not, fossil fuels prices explode (pun intended) and the Aramco public offering goes limit up before their fields go limit down.
Qataris are funding ISIS in Syria and Iraq, with a Saudi/Israeli blessing, after Libya. Sunni Q, Hamas and Muslim Brotherhood are now red headed step child in the eyes of the Wahabbis. What a clustermuck.
Israel can’t believe they can re-fight/win 1967 and 73 again without firing a shot.
Posted by Mr.Copper
@ 22:34 on June 6, 2017
That’s right. I think 1969 was a surplus year. Regarding cars and light duty pick up trucks, the 1950s vehicles were very durable, thicker higher quality steel, very simple designs. Many still running in Cuba. I think 1970 was a final peak for performance, but lower quality for the steel, paint etc.
1970 was the first (and last) year you were able to get 375 HP out of 350 Cu In. After that the insurance companies pushed horse powers down, and used “saving gas” as a reason. After 1971 they rotted out, and increasing emissions gadgets, more complicated. Opposite of simple. .
Posted by Middlecreek
@ 22:23 on June 6, 2017
” A whole new world is evolving”. I don’t doubt you. They run the old way as far as they can take it. They know the outcome of keeping on. We been there before, right? Ok. So in your opinion, where does our pm’s fit in?
Posted by goldielocks
@ 21:58 on June 6, 2017
I believe we still had a surplus in the 60s and been down hill ever since.
Posted by goldielocks
@ 21:56 on June 6, 2017
Posted by Mr.Copper
@ 21:48 on June 6, 2017
re You Predict the Fed will raise rates until the market screams to high heaven and the SM crashes.
Shrink the money supply? Why would they do that? They are doing everything possible to flood the system with increased money supply, “found money” derived from higher stock and real estate values.
You say we are in the 1920s or late 1930s? My opinion is the 1913 loss of USA independence and beginning of “fleecing” by other nations, ENDED in the summer of 2008. That era has ran its course. Good to the last drop.
Re your…”These guys are masters at creating booms/busts.”? Exactly right, but nothing stays the same forever. Because the boom bust cycle happened so many times, many people and sectors got “wounded” and never recovered as good as they were. Its over. A whole new world is evolving.
Posted by ipso facto
@ 21:19 on June 6, 2017
Qatar hosts the largest US military base in the ME.
Posted by ipso facto
@ 21:13 on June 6, 2017
Saudi Arabia Gives Qatar 24 Hour Ultimatum As Analysts Warn Of “Military Confrontation”
Shortly after imposing a naval blockade in the immediate aftermath of the Qatar diplomatic crisis, one which left the small Gulf nation not only politically isolated and with severed ties to its neighbors but potentially locked out of maritime trade and crippling its oil and LNG exports, on Tuesday SkyNews Arabia reported that Saudi Arabia has given Qatar a 24 hours ultimatum, starting tonight, to fulfill 10 conditions that have been conveyed to Kuwait, which is currently involved in the role of a mediator between Saudi and Qatar.
cont. http://www.zerohedge.com/news/2017-06-06/saudi-arabia-gives-qatar-24-hour-ultimatum-analysts-warn-military-confrontation
Posted by goldielocks
@ 21:06 on June 6, 2017
I’m kinda diversified. Got got a email back from a question on a shareholder vote about in short dilution which I voted no but doubt it matters so wanted to know when. The meeting isn’t till the 27 TH. He said it won’t go in until silver can sustain 18.50 and CEO IS A large shareholder himself but that said at what cost. Puropse is some bills but mostly to raise money for production. So anyone holding any shares safe I guess less it scares people out now until silver sustains 18.50.
Posted by goldielocks
@ 20:52 on June 6, 2017
As long as these countries are letting terrorist in and we have libs here enabling them we have to care IMO Remember this song, one of the songs I used to play on the guitar about war years ago. It suits these people standing around with flowers letting in people who plan to over rum and kill them. Where have all the flowers gone, gone to grave yards every one. When will they ever learn, when will they EV ER learn.
Posted by Buygold
@ 20:32 on June 6, 2017
Goldie – I think your view is the general consensus. Don’t need anymore bad actors in the region, although for me right now, I could care less what happens over there. JUST DON’T LET THEM IN OUR COUNTRY LIKE EUROPE HAS DONE! 🙂
Mr. Copper – Make no mistake, the Fed will raise rates until the market screams to high heaven and the SM crashes. They do it every single time. We are in the late 1930’s IMHO, but as far as the stock market goes we could be in the roaring 20’s. These guys are masters at creating booms/busts. Make no mistake, IMHO they will wipe out every player/penny that exists in any market. They’ve done it for centuries.
Great to have a winning day for a change, hope all here benefitted. 🙂
Posted by Richard640
@ 19:06 on June 6, 2017
Rick’s Pick for Wednesday
Precise Benchmarks
For Gold Traders
Posted Tuesday, June 6, at 6:30 p.m. ET
Tuesday’s feisty rally exceeded the 1296.40 rally target we’d been using by a relatively modest $2.40, but because the pattern associated with the target is so clear, even as small an overshoot as occurred will have bullish implications going forward. Accordingly, I’ll suggest using the pattern shown (see inset), with a 1314.50 target that should be familiar to you. It is a logical minimum upside objective for the near term, but I wouldn’t count on it for precise stopping power. That’s because the A-B impulse leg of the pattern is not a legitimate one, having failed to surpass any external highs on the daily chart. Still, it’s good enough for our purposes — i.e., staying on the right side of the trend without fear. It’s also good enough to imply that an easy move through it would be bound for a test of the 1345.20 election night high.
Posted by Mr.Copper
@ 18:50 on June 6, 2017
Roger that Goldilocks, thanks for the comeback. I doubt the Fed will or can raise rates. I think, they think, in their small minds, by them suggesting a rate increase it will raise peoples confidence that the economy is fine and growing. Jawboning. I think a recession is starting, and any hike they already did, can be used as “dry powder” when it comes. I don’t see any real improvement in the economy other than psychological effect, and or unneeded gov’t vendor jobs created out of thin air.
As for the terrorists? Or ISIS? I’m wondering if they are like the North Vietnamese, feel they lost their country, to westerners and are willing to fight to get it back? Sometimes I think this whole mess started decades ago regarding sympathy for the so called displaced Palestinians.
Posted by goldielocks
@ 18:05 on June 6, 2017
I welcome the move by neighboring countries pressure on Qatar. Who would know better what’s going on plus can be more diplomatic and effective in sanctions without having to raise a weapon but they can if they have to. Maybe Trumps visit had some backing they didn’t have with Obama for them to take action for any hope of stopping the acceleration of terrorism. They won’t stop with Syria anyways as we see them in other countries already raising hell and a cult like we seen other cults of different religion. This is their cult so better they being more experienced of their religion more equipped to deal with this rouge cult of criminals and they can’t pull the race or religion card on them without being made a blasthpher out of them. One can hope anyway.
Posted by Buygold
@ 17:32 on June 6, 2017
Yeah there are a lot of things beneath the surface for sure and not just what’s happening with Qatar – which came out of nowhere.
Why is the USD weakening and rates falling? Why is Bitcoin up 200% on the year? Seems like there is anticipation of something, recession, war, I don’t know. Maybe pm’s are the last thing they’ll let move higher.
Maybe Bitcoin needs to bust before funds move into metals.
Weird crosscurrents.
Posted by ipso facto
@ 17:13 on June 6, 2017
Today was a breath of fresh air to the drowning goldbugz! 🙂
Did you see this article? A little different idea about the reason Qatar was booted. A lot of stuff beneath the surface.
http://www.zerohedge.com/news/2017-06-06/forget-terrorism-real-reason-behind-qatar-crisis-natural-gas
Posted by Richard640
@ 17:01 on June 6, 2017
I just posted an article yesterday that included these two paragraphs–and today we saw a prime example of what the author was talking about.
Everybody knows, after all, that the sector is bearish, especially in light of the dreaded GDXJ rebalance boogey man. But sometimes successful speculators need to be open to outcomes that may not be readily apparent. After all, how apparent was the stock market top and gold miner bull in 2000? The economy was strong, the markets were booming and the nominal charts did not give many signals. Read below and see if just maybe there is a chance that the bear herds, tended so well by bearish gold sector analysts, might just be proven wrong in the coming weeks.
In 2001 into 2002 all hell broke loose to the upside and seemed to come out of nowhere. What’s more, the hysterical move upward was not driven by the 9/11 terror attacks. That took place while HGR was still well inside the bottoming pattern box as shaded below. The upside was driven by the failing economy that followed. With the current pattern’s right side looking like a bullish consolidation I want us to at least be open to the prospect that things can change quickly without [nominal] charts laying out a nice, neat road map
Posted by Buygold
@ 16:45 on June 6, 2017
Nice day and on good volume as Farmboy mentioned.
Still we need follow through for a few days and almost need the miners to jump ahead of the metals.
We’ll see what happens. Hoping for the best.
This thing in Qatar sure escalated quickly.
Posted by ipso facto
@ 16:31 on June 6, 2017
Same here! Dying at 95 of nothing at all would be most acceptable. 🙂
Not a bad day for the miners. Would love to see some follow through … it does seem like something has changed.
Whoo Hoo!
Posted by Farmboy
@ 16:16 on June 6, 2017
What a ride today ! Great gains and MUCH improved and needed Vol in the shares,
Struggling with this lil notepad device to keep up with it all. Thanks for all the replies and suggestions. Oven trick did not help, so guess I am going shopping for a new puter. Se le vive !
Difficult to post (very slow) and trying to get use to a touch screen with no mouse. Yeah, I know, but give me my wireless mouse and keyboard. Im ‘old fashioned’ like that. lol
Agree with RNO the general markets are acting VERY STRANGE. And my guess they get really ugly by weeks end. Gold & Silver showing a lot of get up and go. Take out the 1300 by weeks end, and then we Roll !
Congrats to all the Goldbugs, all I can say is “It’s about time!” 🙂
Posted by Maddog
@ 16:13 on June 6, 2017
Hui closes above 200 D Av, for only 2nd time since last Nov and closes on top tick.
Hui/Gld spread closes above 50 D av and on top tick…now it needs to attack 300 Av at 1.71.
All avs are going down, so v good to go against direction.
Plus all shorts front running Van Eck, will be very nervous and there are only 8 trading days left, to square up all positions…could be explosive … have they left it too late and who is gonna sell, not me …I’m buying!!!!!!
Posted by Ororeef
@ 16:09 on June 6, 2017
NUGT closed up 14.41% while I wasent looking !
Posted by redneckokie1
@ 16:04 on June 6, 2017
i guess i will be in a hospital dying from absolutely nothing! my three dogs track in everthing they don’t eat or bury!
stock market indexes look a little strange. s&p and nasdaq continue to surge while dow barely keeping ahead and russell and madcap issues not making and holding new highs. platinum and palladium volatility is really heating up. feeder cattle making limit moves nearly every day.
maybe the old longs are looking for a new sucker and can’t find one!
rno
Posted by goldielocks
@ 15:42 on June 6, 2017
Businesses no matter how legit have to deal with cut throats like Dann that care not for anyone but themselves. Where do they get off going around threatening company’s and US jobs when we’re talking fair prices and quality work compared to sending it off to China. My father back east I had two he was the real one worked in Steel. He worked his way up going into sales management to owning one. He cared about his workers and their quality of life for them and their family. He would never sell out to foreign labor. He had prior sales experience and remember some of it trying to get through angry steel workers kinda reminded me of Bob Hope jokes but he was one of them too. He would probably look for other buyers competing with that jerk. He died in a accident after sadly his business fell to the cut throats without him around anymore.
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