VIA’s ‘Ocean’. Did you miss the train?
http://www.railpictures.net/photo/637990/

I’m not so sanguine about Bitcoin’s supposed impregnability, nor about many of its other appealing claims. The Mt. Gox affair of 2014 must be forgotten now, but back then some sharpie hacked 850,000 Bitcoins (valued over $450,000,000) out of the exchange, which was processing almost two-thirds of all the Bitcoin trades in the world. Mt. Gox went out of business. Bitcoin tanked and then traded sideways for three years until (coincidentally?) the Golden Golem of Greatness was elected Leader of the Free World. Hmmmm…..

Not many readers understand the first thing about block-chain math, your correspondent among them. But I am aware that the supposed safety of Bitcoin lies in its feature of being an algorithm distributed among a network of computers world-wide, so that it kind of exists everywhere-and-nowhere at the same time, a highly-valued ghost in the techno-industrial meta-machine.

his bride to be looks pregnant to me …..!  I have experience in that area  !

That was my first though with them lol Same with banks if they were to succeed to a cashless system. Most don’t carry enough cash on hand for that emergence as is. Like fiat unlike them you can convert those bitcoin to physical but in the meantime it’s not in a control freaks hands. They’res no fails to deliver or increasing quanity to manipulate and lose confidence and no bail ins or gov deciding you own them money and just dip into your account.

Crypto’s need energy to turn the ‘puter on…no energy = no Crypto.

On that basis they are not a hedge against anything, least of all an end of world scenario…where as Pm’s are just fine, in all scenario’s.

I’d take a sack full of Kruggerands and a machine gun, over a Kray computer full of bitcoin any day.

I just keep getting kicked in the teeth every day with this crappy portfolio. What fun!

The want of banks to eliminate cash and the hunt for other people’s money by control freeks or to enslave others in their debt or mismanagement is going to backfire and pull cash away from them to what is perceived to safer havens or barter IMO is part of the trend. It’s not just the Tulip mania this time it’s more of a safe haven from corruption and ways to control and manipulate your money. It’s something no one can get their hands on so to speek not even people around you.If it last it’s even a safe haven for some tangibles like your home , last of life hospital bills that have stolen family’s inheritance because unlike your home they can’t get to it.

Major winter rainstorm on the Big Island.  Expecting snow on the summits, but nothing seen on the webcams as yet.  I snuggled in to the wool blanket when it got below 70 F.   Guess I overslept.  Hard to brew a pot of heat when my fingers are cold and stiff.

http://incakolanews.blogspot.com/2017/11/yamana-gold-yrito-auy-is-still-hiding.html

Big jump in volume too. 6 million. $ volume $946k. Anybody hear anything? Its down 99.4% on a five year chart. Takeover rumor maybe? Bottomed yesterday at .10 cents, .19 cents now.

http://finance.google.com/finance?q=baa&ei=dVIcWtHnNtDrepb7rfAJ

http://stockcharts.com/h-sc/ui?s=DV.V&p=D&b=5&g=0&id=p81767721292

Just saw this news

Dolly Varden Announces the Third Major New Discovery of the 2017 Exploration Program

https://ceo.ca/@newswire/dolly-varden-announces-the-third-major-new-discovery

silver bull res.  keeps climbing on the back of recent drill results.  up another ten percent today (so far).  nice to have a bright spot in an otherwise lackluster day.

everything but pm’s reverse and move lower for a change

I think the “Foreign Aid” dollar exchange rate has done its job and “they” (futures price regulators) started reversing it. Note on futures chart below the June 2014 obviously manual adjustment higher. It’s all FOREIGN AID in my book.

There has been so much various forms of foreign aid over decades, I have to assume we have a foreign controlled or pro foreign “US Gov’t” in name only.  Occasionally “they” throw us a bone, give us a few good years, to keep us alive for their own good.

Note the post war boom, 1945 to 1975. We deserved it after all the killing and financial costs we absorbed, and they gave it to us until they thought we had enough in 1975. Banks are simply global gov’ts imo.

CHART:

https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1

“If” pm’s can comeback and make new highs it would be bullish.

But they won’t.

The only things that will be making new highs today are the DOW, S&P, Nasdaq and Russell 2K

So far, the action this morning is to be expected. After Tuesday, I think the PM’s are off for a steady climb for the next couple weeks. Today is a good day to add some of your fave plays snd get ready to rumble.

Agreed on that. Any THING priced on the futures market is subject to be nudged and pushed around for mechanical and psychological effect.

Also FYI, I bought 4 pot stocks during the month, and all up. ACBFF +120% APHQF + 35% VAPE + 15% TWMJF + 5%

up 34.69 % and 48 %

yup day over….Sm was down a touch, Dlr well offered and Au sniffing $ 1300….a red rag to the scum. so blast the SM higher and knock $ 5 off Au in minutes, while bidding Dlr back up.

Dog is now in the 10th week up…check the 200 day Av’s in SM…going up in straight lines…never seen anything like it.

that happens it’s just business as usual.

day over