How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...“don’t be in stocks until 2020” including the PM’s too?
your post is telling the story. trump is running on the previous administration budget. the next budget is going to be very telling. i wouldn’t be long any paper through 2020. stocks, bonds, derivatives, no paper at all.
rno
James Mc checked in early…
What else is new?
Bill,
Your silver signal was as usual dead on. As ZH mentioned last evening’s silver flash crash occurred at 7:06 PM, the identical minute to when silver flash crashed back on July 6th. No need to investigate, it’s just another 1 in a billion probability which occurs with regularity.
As I have said for years with the cartel there’s never a 1% or 2% rule to the downside. For gold and silver the rate of decline is always much faster than the rate of gain. Whether that’s another cartel formula is debatable, but it seems on a daily trading basis the rate of decline is usually 3-4 times faster. For example in the 5 trading days from July 3 to July 10 silver fell $1.56, going from $16.70 to $15.14. From July 10 to July 31 silver recaptured all of that decline, gaining $1.69 on its way back to $16.83. It took 17 trading days to get back what was lost in just 5 trading days, a ratio of 3.4 – 1. There is no doubt that the cartel intends for longs to not only be frustrated on the way up, but to be always wary of getting destroyed on the way down. Imposing flash crashes with impunity keeps virtually all traders out of the market except for the cartel, and possibly large spec traders using OPM. Flash crashes make trailing stops useless, and can wipe out capital in a nanosecond. That’s the crooked game going on at the Crimex.
It sure seems like somebody is intent on securing physical gold in the $1200’s, and silver in the $16 area. The price capping here has been relentless. As long as thousands of tons are willingly dug up and forked over at these suppressed levels you might say, “It’s called winning, DUH”, to quote Charlie Sheen. Gold and silver have for now recovered nicely off of the morning selloff. Another day of promising, but with heavy emphasis on infuriating.
James Mc
KGC DRD SBGL SA GOLD and many others up. Account balance still seems stuck in the mud boring. I guess we need $1350 $1400 gold to break these miners loose.
Endeavour Silver Reports Financial Results for Second Quarter, 2017; Updates on Development Projects and 2017 Guidance
China Threatens India Over Border: “Leave Chinese Land Or Face War”
bring a really new paradigm to the office–he is a doer–an expediter–the threatened china “trade war” is just an opening move in a negociation on trade AND getting china to act on N. Korea-Trump will be the greatest president in history…the “swamp” is having a “sh*t hemorhage”…that includes both parties who are both ‘CORPORATE-CONTROLLED LACKEYS.
Cheaper gasoline is good for Americans. So help kill the Oil prices, and refineries can buy cheap, and sell cheap. Unfortunately, now Venezuela, their main export product is worthless. And I’m hearing some refineries might be getting less deliveries.
Venezuela being removed from the high $145/bbl oil gravy train and later with $26/bbl oil being “used” or sacrificed to help the US economy?? Globally speaking the USA has to be the most important economy. So all others have to be weaned off.
Re socialism or any gov’t for that matter. Even in my town. When the money is flowing in nicely, the politicians spend it to get votes. Then the money stops coming in, like now, and they have problems. Excess money should be saved for a rainy day.
JNUG-at 6:30am-was down a piddling 17 cents–now gold is DOWN 5.50 and JNUG is UP 13 cents…looks kinda bullish to me–at least resilient–but resilient “don’t” pay the rent…upside impulsiveness would be nice.
http://www.nasdaq.com/symbol/jnug/premarket
The only fly in the bullish ointment today is the “anchor”, silver…
Actually, in my mind, its the second shot, A defensive shot. The FIRST shot was opposite of today’s shot. The FIRST shot was when the “west” decided to take work and investment away from the USA.
Nixon in 1972 I think it was, the puppet that represented the west, went to China and made the arrangements.
“We are choosing you, China now to build up your wealth and economy, so you can eventually import from other countries. With your “earned” US consumer dollars) ” “Besides that, you can buy our US Bonds with your excess profits, and USA will pay you interest.” “Deal” 🙂
Along with a fixed (rigged) currency exchange rate, $1 per 7 Yuan to maintain the long term objective.
What’s happening now (or since 2008) is a major reversal out of necessity. USA is needy, China has a loaf under each arm.
I see gold has comeback to be up a whopping $.40 after being flash crashed last evening.
Randgold had some good earnings and the stock is up $3 pre-market, although the conference call is yet to come.
https://finance.yahoo.com/news/randgold-resources-q2-results-updates-060000068.html
This looks like another day in the life…
Of course volume is low & it’s early…
Was my psychosis showing?
President Trump invited the Pope for lunch on his mega yacht.
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The Pope accepted and during lunch, a puff of wind blew the Pontiff’s hat into the water.
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It floated off about 50 feet, then the wind died down and it just floated in place.
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The crew and the secret service were scrambling to launch a boat to go get it, when Trump waved them off, saying “Never mind, boys, I’ll get it.”.
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He climbed over the side of the yacht, walked on the water to the hat, picked it up, walked back on the water, climbed into the yacht, and handed the Pope his hat.
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The crew was speechless.
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The security team and the Pope’s entourage were speechless.
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No one knew what to say, not even the Pope.
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But that afternoon, NBC, CBS, ABC, MSNBC, CNN and BBC all reported:
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“TRUMP CAN’T SWIM !
If I were running MUX I wouldent hi grade the mines in the first half either..Why ? I would hi Grade the second half where the investors would assign a higher permium to the stock price ! and besides a mine is a wasting asset ..why mine increasing amounts to sell at lower prices a mine is a wasting asset .. Go all out in the second half when investors will assign a higher multiple to the stock price for earnings .. more bang for the BUCK !
“something bad coming”
I’d like to tell you you were wrong … although odds are…
Are we slowly headed towards collapse? War? What happens when the gubmint checks don’t buy subsistence?
Since all the forces of the Washington gang are aligned to destroy Trump at all costs and he is taking some credit for the market euphoria, when will they short it all, tank the markets, and blame Trump? I would not touch this insane market right now.Am I just paranoid? Any news from Wanka-seen no posts for awhile about his condition.
“Mux’s earning were pretty crappy, but like you say it’s been weak lately so maybe it’s baked in and will rise on the news tomorrow. Hey it COULD happen!”
Ha!! Love you man – ever the optimist.
Something really bad is coming, I’m trying to hold on one day at a time – seriously, something really bad is coming this time. JMHO
“What we have freed ourselves of, however, is any genuine consciousness of how we might look to others on this globe. Most Americans are probably unaware of how Washington exercises its global hegemony, since so much of this activity takes place either in relative secrecy or under comforting rubrics.
Many may, as a start, find it hard to believe that our place in the world even adds up to an empire. But only when we come to see our country as both profiting from and trapped within the structures of an empire of its own making will it be possible for us to explain many elements of the world that otherwise perplex us.”
Chalmers Johnson
