How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...“Any and all countries with financial problems, very likely have all their consumer products made in foreign lands.”
China has massive economic problems, so being a manufacturing power does not necessarily protect a country from other bad economic decisions.
I love Trump, but I knew right away when he said “China did this or China did that” that something was terribly wrong. “China” did not do anything. They also were “chosen” for development of their consumers, and were used as a vendor sanctuary.
Any and all countries with financial problems, very likely have all their consumer products made in foreign lands. The consumers are imo SUCKERS to big business plans and agendas every time they buy something foreign made.
I’m wondering if the people riding the Dow and SnP tickers, are flush with big profits, and starting to nibble into wants a lot cheaper, and great potential. “What the hell do they have to lose?” 🙂 They’d be investing the house’s money.
On top of that, the futures players and bullion buyers watching PM shares going green might start going long or adding to those positions. I think we’re still digesting all the Trump hoopla, or all the cheer leading for the US economy.
I also think the UN, and or the Fed Res and all anti non- USA countries are keeping their currencies lower for self protection, inverting our Dopey Dollar higher, thinking we are the fat pigs on the planet and to hell with the USA.
They simply want all USA consumers to keep on buying their products, while they have a “loaf under each arm”. If the Americans had a leader that promoted a boycott of imported products, we would prosper here after the rotation.
Thank about the prosperity of the ’50s and ’60s, and why is was that way. New cars every 3 years, some paid cash, no 6 year loans or leases. Two week vacations every year. The “see the USA in your Chevrolet”
No medical insurance needed. Dr. came to the house. For $5. One income households.  Next time you are stopped at a traffic light, look around yourself. You will think you live in a foreign land. All those people around you only care about themselves. Totally unpatriotic. Why do you the think the President, and all the others in the convoys are driving Suburbans’, Escalades’ and Tahoes’ etc.
Those CMC and Chevys are like a big proud American flag. The President and his crew would look like a bunch of idiots representing the USA, using Honda Pilots, Lexus or BMW SUVs or Nisson Pathfinders etc.
“Yeah, the only thing Trump has proven is how little power the President actually has when up against the Deep State.”
You can say that again! He’s obstructed from doing just about anything, and the Republicans are as often as not the obstructers. This is a rocky road we are headed down.
Yeah, the only thing Trump has proven is how little power the President actually has when up against the Deep State.
I naively believed he’d be able to come through on some of his promises and the big one being getting out of the useless wars and focusing here instead.
Neocon controlled deep state holds all the cards, if they want war they’ll create it. Sad.
Gold and silver look like crap, if the shares manage to finish flat, it’s a minor victory.
Yeah seems like the shares would like to go higher … if not for the Cretin Death Grip on gold.
Doesn’t appear the Russians liked us shooting down the Syrian plane. Just wait until a coalition plane gets shot down. I voted for Trump partly to avoid all this increased war risk. I AM disappointed!
Few of the juniors trying to hold their own, MUX, GPL, AXU to name a few.
Getting zero help from the metals though.
Same time frame SPY on highs up 22%.    Dia on highs up 26%.
They are on highs and we are on lows, and they really aren’t much better. Performance wise than gold.
Mandalay Resources’ (TSX:MND) mine in Chile is now completely flooded, including a shelter rescuers were hoping two trapped miners had reached, the officer in charge of the search said.
General Fernando San Cristóbal, head of the rescue team, said the results of a drilling probe conducted to locate the two missing miners found water at level 55, which is where they were supposed to be at the time of the accident and where the emergency shelter is located, EFE news agency reported (in Spanish).
A waterproof camera is expected to reach the area Monday, the officer noted, which will allow searchers to see the actual conditions of the section where the miners are believed to have been working.
cont. http://www.mining.com/mandalays-mine-fully-flooded-trapped-workers-unlikely-alive-chiles-army/
Concur on the shares. Better hold the HUI 180-185 level or it’s deep trouble.
$1250 gone again, $17.35 miles away again.
and the beat goes on….
Was up around 4;00 this morning looking at most of those same charts. Plenty of red warning flags using the 10/20 cross. Seems this could be a pivotal week for the PM’s. I was not encouraged. Seems to me we either a a quick bounce or things will get really ugly in the mining patch.
Have to take a friend to the doctors office this morning so will be out of the loop for awhile.
Thanks for posting that article. Lets hope for a reversal in the downward trend the charts are indicating.
Russia to treat US jets in Syria as ‘targets’ after America guns down first regime warplane
Russia has said it will treat US warplanes operating in parts of Syria where its air forces are present as “targets” amid a diplomatic row caused by the downing of a Syrian jet.
The country’s defence ministry said the change in position would apply to all aircraft, including those operating as part of the US-backed coalition.
It will also suspend a hotline between Russia and the US set up to prevent mid-air collisions.
The ministry said in a statement: “All kinds of airborne vehicles, including aircraft and UAVs of the international coalition detected to the west of the Euphrates River will be tracked by the Russian SAM systems as air targets.”
The warning followed after a US F-18 Super Hornet shot down a Syrian army SU-22 jet on Sunday in the countryside southwest of Raqqa.
Precious Metals (and macro discussion)
Gold is weakening and in only inching (literally) above the April high has not made a qualified higher high to April. Therefore it does qualify as a double top as well. Silver remains technically bearish on the daily time frame as do all mining indexes/ETFs.
The weekly chart of HUI held below resistance last week and so it also remains bear biased.
HUI/SPX ratio nudged below the trend line. This does not mean the stock market is bullish, but if the ratio breaks down it could be another 2008 analogy.
Here is what I mean. Note that the 2 charts are not all that similar, but the main point is that in Q4 2008 (which also happened to be the very first 3 months of NFTRH’s existence), the last table pounding ‘all-in’ BUY on gold stocks came as they were crashing while their fundamentals were improving by leaps and bounds (gold rising vs. commodities and stocks, inflation signals non-existent, yield curve rising and systemic stress all around). In that circumstance gold stocks led the SPX to the downside…
…even as gold vs. stock markets was exploding upward.
While the Gold/Silver ratio (GSR) led the whole bearish shootin’ match.
The rise in gold vs. silver came in conjunction with the deflationary rise in USD.
And so, there is a reason we follow the 2 Horsemen (GSR & USD). The US dollar has been declining since last year and the Gold/Silver ratio has more recently popped above resistance (now support, which it tested a couple of weeks ago). The USD is also at the long-noted support zone in the mid-90s.
If the 2 Horsemen ride again, it is anything but assured that they will spare stock markets this time. But over the course of the post-2008 cycle that is exactly how market participants have been trained to think, and would-be bears – myself included – can be excused for having their doubts about the stock market’s potential vulnerability.
I am going to skip the daily miner stock charts this week. We’ll show some weekly charts in the NFTRH+ Notes segment, as usual.
The Daylight resurrection… then and now.
http://railpictures.net/photo/620210
http://railpictures.net/photo/616326/
As I feared sailors found inside ship. Seems by now they could event a escape hatch as well as a way to get oxygen when below deck and get trapped. That and designates certain crew to assist in rescue during collision or Attack of possible injured near point of impact.
And for those that wish to send a card or note to the ‘Father of the Oasis’, here is Wanka’s mailing address again.
John Murphy
c/o Conch Coin Co
P.O. Box 4075
Key West, Florida 33041
Best to all the Fathers out there ! Enjoy this day. 🙂
Glad you enjoyed the kitty pic. No one knows how to relax like a pussycat, lol.
We are definitely on the same thought track regarding gold and silver…the Great American Eclipse of August 21st will move silver out of the doldrums and reward patient and impatient stackers alike. It’s been a long and frustrating trip on the P.M. rollercoaster, uphill all the way…happy I shall be to see the top of the track and intend to enjoy the thrill of the ride to follow.
Best wishes to you.
With the fiat price of physical silver essentially flat-lining since the afternoon market close on 14 June, and also because things were quiet here on this weekend, I decided today to have a flat out Saturday afternoon nap.  What a pleasant surprise to get up from my own flat-lining to see your delightful  posted item at 14:56.
I have nothing to base it on, except a gut feeling and my impatience for some upward moves in the price of physical silver and gold, but I just have a hunch that things are going to markedly improve  this summer and autumn for those of us who have been waiting a long time for positive action in the physical precious metals and the PM mining equities.
