Comex is constructive….

Hmm, I have no clue what’s constructive in pm market ever but glad to hear it. 🙂

Yes…volumes don’t matter anymore…just how the gamblers are betting in the options (because of the algos). This is why the stock market keeps rising too. The market mechanism is rigged this way. So as long as the players are short, a squeeze can ensue no matter the volumes.

COMEX is constructive right now…so that’s a plus. All we need is for the ETF players to soften up and we’d have a rodeo on our hands.

Cheers

Gold Surges To Six-Week Highs Despite Biggest Fund Outflows In 4 Years

Gold prices just hit $1280. That is the highest since The Fed raised rates in June and follows the best month since February. However, as the precious metal surged 6% in July, ETF investors abandoned the barbarous relic by the most since May 2013.

Outflows on a move up? Really?

Greenspan Fears Imminent Stagflationary Slump, Warns The Bubble Is In Bonds Not Stocks

“…stagflation is about to emerge. We are moving into a different phase of the economy – to a stagflation not seen since the 1970s – that is not good for asset prices…”

Iknow Greenspan is a joke but this article is pretty informative. Just sayin’ 🙂

So much for that limited supply BS … no?

By next year we will have peak gold / silver production just when demand should be picking up.

Then we’ll see what is what.

Battle royale in electronic silver tonight. Could be a breakout coming???

Cheers

You don’t need to be apologetic for who you are when your not out with burning crosses on lawns. It’s them who should be for all the trouble they caused. You never see that they stay quiet after a terrorist attack or individual civilian attacks.They make excuses for them. The young women here who go nuclear on them if they pulled their BS on them especially while their on the dole. They wouldn’t care what comes out of their mouth it would just piss them off more. Beside religion is not a race. Yeah your gonna have the potential wanna be victims inviting them in or Latinos but they’re just working on their own and like to know how many Mexico lets in. One said in Spanish trying to be sneaky even the Pope criticized Trump but that was about Mid East. This Pope is more concerned about his mortal sole not his ever after sole it appears considering what their up to. Id like to see the Pope to tell Mexico to take in a few million and support them too. Just think of the money they could make sneaking them across the border to the US. Being cynical but that’s what would probably happen.
For the most they want the borders closed. First it was war torn area but when they seen every parasite from Mid East and even Africa start pouring in taking advantage of a free ride it’s kinda similar to Castro when he opened his prisons when Carter let them in causing crime to skyrocket in Florida and Dade to declare open carry gun laws. So now they don’t care they want it closed and let their own country deal with it and should.
These ally cats will look for victims follow them and Gang up on them like the cowards they are like they do in Europe. Some might first try to handle it with the law but if the law failed due to PC interference it would be up in arms literally, If they did that here they’d find out where they lived and they’d be crying for police protection. In other words their fed up and their rhetoric had no credibility other than a signal to lock and load.

Is it possible Schwab is afraid of a general correction?   Or maybe he just wants to buy a new boat or plane.

http://www.finviz.com/insidertrading.ashx?oc=923738&tc=7&b=2

NEW YORK (Reuters) – Bitcoin’s underlying software code could be split on Tuesday to create a clone called “Bitcoin Cash,” potentially providing a windfall for holders of the digital currency.

The initiative is being led by a small group of mostly China-based bitcoin miners – who get paid in the currency for contributing computing power to the bitcoin network – who are not happy with proposed improvements to the currency’s technology.

They have initiated what is known as a “fork” – where blockchain, a public ledger of all bitcoin transactions, splits into two potential paths – that is set to be activated on Aug. 1.

A fork, if it goes ahead, would be significant as it could create a new competitor for bitcoin, which remains the oldest and most valuable digital currency. It is not clear if the fork will happen and how much the new coin would be worth.

If the fork goes ahead on Tuesday, anyone owning bitcoins before the split will have access to an equal amount of Bitcoin Cash for free, which they will then be able to trade for fiat currencies – legal tender backed by an issuing government – or other digital currencies.

more http://www.reuters.com/article/us-bitcoin-split-idUSKBN1AG2MF

Conference Teaches K-12 Educators how to Combat ‘Whiteness in Schools’

A recent conference hosted by an Ivy League university focused on integration and inclusion in K-12 education and included workshops on how educators should face White privilege in their classrooms, challenge microaggressions and address “Eurocentric pedagogical approaches.”

The “Reimagining Education Summer Institute” conference, organized by Columbia University’s Teachers College, was held in mid-July and concentrated on “opportunities and challenges of creating and sustaining racially, ethnically and socio-economically integrated schools,” according to its website.

Good for u. The world would be a better place, if all our great ladies stood up and told those misogynist pigs to behave and treat all women with respect.

They should be taking names and kicking butt. As far as the word phobia it’s more like n credibility and what comes around goes around. Especially in their case if your a woman. Also as many women work how pathetic is having weak men like that surviving off women. Hippocrates and liars have no credibility.

Doubt that diff was right, as the Diff shud be near zero, as it is only the cost of money plus storage charges.

Agree re waves and the scum….the waves have been working for a while..but the shares are v v muted here, they shud be running like mad, so it seems the scum have sat on the shares very effectively.

Hope the waves are right, not sure how much faith I could put in anything that doesn’t gauge manipulation but you are right, the pullback is pretty mild for now, although it just looks like $1270 is another in a long line of lines in the sand…

I did notice something a little different this am. – The futures price was 1273 and the spot price was 1267. Hell, maybe that’s the norm. I’ve been looking at this stuff for so long, I don’t know which end is up.

I read over the story, describing all the problems, and way down near the end was a hint of cause and reason, that imo should have been at the top of the story and in the headline. Falling Oil is also a RESULT of other things, not mentioned IE unstable currency problems.

Part:

The country’s economy has been declining since shortly after Maduro, the hand-picked successor to deceased socialist icon Hugo Chavez, took office in 2013, as years of economic mismanagement and collapsing oil prices squeezed the government’s access to foreign currency, sparking a vicious cycle of hyperinflation.

Your occupation is influenced by the dollar, for good or bad. Feast or famine. Thomas Jefferson told us all to watch out for the Bankers.

I was not afraid to open the link. I felt no need to read the story. Because I’ve watching the evolution and growth of a global socialist gov’t, that seems to be failing, because the fat cat on the planet, USA doesn’t have much left to share with other nations anymore. That’s why they’re trying make us great again. Future harvesting. 🙂

In my view “misguided socialist policies” are a result of growing financial problems. Like what came first, the chicken or the egg. I only made a statement that if Zero hedge, if it does not supply reasons or causes, should not be trusted 100%.

Ok call me ignorant.

” it is only a matter of time and statistical probability until a significant major PM resource in the ground will be identified.”

I’m betting that you’re right with a good piece of my PF being invested in juniors with projects in the area. Thanks for the link I’ll check it out.

Cheers

none of the outrages described in this article are surprising…they take the piss out of our system non stop…we had/have a trust based system…put pure liars into it and what is described below becomes the norm.

Naturally we cannot say anything, or it is Islamophobic etc….

House Dem IT Suspects Wanted Untraceable Payments — And Sure Enough, Millions Disappeared

http://dailycaller.com/2017/07/05/house-dem-it-suspects-wanted-untraceable-payments-and-sure-enough-millions-disappeared/

of course how much of all this stolen loot ends up in Al-Queda/ISIS…is impossible to say….but someone should be taking names and asking questions !!!!

My God is Prechter still bearish….I had a mate who was a great trader….but he loved e-wave and Prechter, so much so he used to talk to him and his people regularly….Prechter and his bearishness cost him a fortune, that he made in other mkts. He was always OK for money, but if he hadn’t listened to Prechter he would have been rolling in dough.

He sadly died a while back…still bearish and still looking for the big one.

http://www.nationalpost.com/yukon+tintina+trend+gold+silver+exploration/13905579/story.html

review by Jay Currie.  Many eager eyes, and substantial exploration effort and expenditures, are being focused on Yukon’s Tintina Trench, also referred to as the Tintina Fault or , for those who think in Nevada terms, the Tintina Trend.  It just seems to me that with the current and accumulated geological knowledge of the Tintina Trench area, especially in a radius around the Keno region, it is only a matter of time and statistical probability until a significant major PM resource in the ground will be identified.  See Jay Currie link at 12:12.

If you’re afraid to open the link then I guess that leaves you ignorant.

If you had been following the situation in Venezuela then you’d know that their problems are largely caused by their misguided socialist policies.

bbl

Just give it some time. Sooner or later it will “stumble” and fall. Probably from a news event. A combination of fear panic and programmed trading, and all those ETFs? Down faster than a speeding bullet.

Gee, I wonder why??? Could it be that the unstable US dollar cause Oil to crash, and Venezuela exports Oil for money? Gee, could it have anything to do with globalization? More money more freedom less problems everybody happy. Less money less freedom and more problems nobody happy.

Ya all know? Attention. If ZEROHEDGE does NOT state reasons or causes for problems, do ya all know what that MEANS???????

ZEROHEDGE IS A GOV’T REGULATED MEDIA OUTLET,

Just like Glen Beck and Rush Limbah. I did not open the link to read it. If I’m WRONG and they state reasons and causes, please correct me.