Letting the SM run @ 1 %/day can only really be explained in an infationary environement…..and if they sit on PM’s as they are doing, then they become cheaper and cheaper, relatively, so demand just increases and supply is what the scum don’t have.

They are giving away the rope, that will hang them.

Sprott Completes Acquisition of Central Fund of Canada

http://www.marketwired.com/press-release/sprott-completes-acquisition-of-central-fund-of-canada-tsx-sii-2244601.htm

Re PM Shares

Agreed Gdx is calling Hui near Unch, so far so yes there are buyers around….Is it a national day out for lunny bins ????

Bonds look iffy, some money will come out and even if rates don’t move much, because the scum take the other side, it will come out.

imho…the SM is rammed as a result of the Rig, in order to continue the illusion that all is well. All relevant mkts are Algo driven to Bull the SM….the Pm’s cannot be allowed to threaten that illusion, hence the constant hits.

Where I am most surprised, is their ability to manipulate long term rates, that was supposed to be impossible, however QE and Bond buying has managed it. That said the end of QE and Bond Buying is now, as they cannot take on anymore Bonds, hence the Fed ‘s small tightening steps, so soon Bond rates will rise, then they have a problem, as the debt is now humongous.

Watching the VXX this am. It’s actually up a little. Normally we’d see it getting crushed with the SM futures screaming higher like they are.

As far as pm’s you are right this is all about the rig. Seems those COT’s are a pretty good indicator after all.

Looks like GG may have had some good production numbers, you’re right again, the insiders had this info at least a week ago.

The other weird thing is I’m seeing a few other shares that are up premarket – ABX, MUX, AG

If for some reason the shares were able to pull off a positive day with the metals down, I’d think that would be pretty bullish.

China Downgrades US Credit Rating From A- To BBB+, Warns US Insolvency Would “Detonate Next Crisis”

“The virtual solvency of the US government would be likely to become the detonator of the next financial crisis… The market’s reversing recognition of the value of U.S. Treasury bonds and U.S. dollar will be a powerful force in destroying the fragile debt chain of the federal government.” – Dagong.

GE to take $6.2 billion charge related to its legacy reinsurance businesses; stock falls 3.8%

https://www.cnbc.com/2018/01/16/ge-to-take-6-point-2-billion-charge-related-to-its-legacy-reinsurance-businesses.html

1401 Sounds pretty good to me. 🙂

Someone knew something in GG, as it has been bid recently….

re action…scum hitting in dead zone, right in front of crimex open…..Jamie has told all his friends, get in there, we have ur back covered…..

Play that music for me please. explain that silver chart for me? Fat finger right?

re Ag poss plus on day.

It would be close to unreal, but what is real anymore in these mkts….looking at SM it shud be no probs, but CoT No’s in PM’s scream a scum raid is going on.

This bullish market would seem to squash gold and is putting a cap on it as well as expectations of inflation that never to now seem to materialize. The market being forward thinking can be attributed to Trump on this side of the world even having a secondary affect with exports from abroad.
I don’t think it’s a real good idea for Trump to point to it as the left will jump to blame him if it has a pullback. This this tax break to businesses I wonder if some of these companies are bailing on the Demos and hitting their pocket books. They are awful mad but not nice people anyways and also wonder how many are sitting in cash.
The only reason it appeared to move up with Obama was there was no real place to put it.The economy didn’t move with it. Now these companies have real reasons on expectations of lower taxes.
I don’t begrudge the market moving up as it is helping a lot of people’s retirement fund and their money is working for them now not some time in the future maybe after their dead like gold. That’s why I won’t ever be long gold as a retirement income but a position trade except phyzz for a insurance policy.
People not expecting Trump to win were on the bearish side with the economy ” business as usual”and taken by surprise. That may of even pushed gold down as people will now move to cryptos. That makes gold a waiting game and it’s pattern appears to be a lifetime waiting game. Gold going down since 1980s finally moving up after 20 years most of the companies then no longer exist today. Those who bought the high in silver in 1980 had to wait till 2011 just to break even. You can see my frustration in this post lol

yeah, this is pretty typical post holiday action, except that pm’s didn’t really move up much on the holiday. The USD bouncing a little from yesterdays’ lows but still lower from Friday.

Bitcoin getting crushed.

One of these days this SM might open up like it is today and then reverse lower – for now though it’s truly amazing.

GG spiking this am premarket but I haven’t seen any news.

http://futures.tradingcharts.com/marketquotes/SI_.html

Can you send the web link to your establishment ?

Winedoc

Ag flash crashed for no reason, other than Lloyd’s/Jamie’s orders and Au well clubbed…

Meanwhile the SM booms on, oblivious to any semblance of reality.

Rich

Got the number so you can delete post

Are they far from you,  they use local transit or may rent a car one day

They have a condo rented

Thanks

Winedoc

The Royal Canadian rolls past the sandstone bluffs of the
Mississippi River valley at St. Paul.
http://www.railpictures.net/photo/638019/

A Cop mentioned this one and thought it was funny too.
Candidate for Illinois attorney general robbed at gunpoint.
He was out on a photo op and was robbed. He didn’t get his pictures because they took the camera too.
https://www.google.com/amp/www.chicagotribune.com/news/local/breaking/ct-met-illinois-attorney-general-candidate-robbed-20180111-story,amp.html

The left and like minded other politicians will never admit they are wrong. They’ll never admit they screwed up. They will just blame it on the citizens. They got a wake up call the citizens aren’t having it. If they go down so will they one way or another. They aren’t going to get a pass.

The left is so desperate to hold on to power..to complete their mission to destroy the economy. maybe getting pressure by the donors… they will try to get anybody who they think could beat Trump even if it means a bunch of women who watch Oprah and think the world revolves around them. Point is being a talk show host is one thing but running a country is something else. Others country’s would be laughing their way to the bank and our shores. Even a lib said and not about race if she gets elected she’ll probably win and she’s leaving the country.

As Petro-Yuan Looms, Bundesbank Adds Renminbi To Currency Reserves

Just days after China’s (denied) threat to slow/stop buying US Treasuries, and just days before the launch of China’s petro-yuan futures contract, Germany’s central bank confirmed it would include China’s Renminbi in its reserves.

At this point nothing matters anymore. The damage has been done. My view is TPTB are in PANIC mode “cheerleading” the US economy in every way. Its like they want USA prosperity RIGHT AWAY. Chop chop. Very important. Like zero to 60 in 2 seconds. Will they pull it off BEFORE the next slowdown? If not? They have a “car” economy slowing down with “two feet” hard on the gas pedel.

Basically, the crash in 2008 was the failure of the global socialism. Globalization.

And to think we could’ve invested in the ether, where we all thot gold would be…