Posted by Mr.Copper
@ 14:55 on February 2, 2018
I THINK you mean RATES have/are being allowed to rise, Bonds are lower when rates rise, right?
Posted by Ororeef
@ 14:48 on February 2, 2018
broke a long standing tradition via Jim Comey about getting involved with domestic Politics ..they were traditionaly neutral and only involved in LAW ENFORCEMENT and enjoyed the reputation of being beyond reproach ..all that was destroyed when Comey got in bed with the DEMOCRAT PARTY and Hillary Clinton .and let it be known to lower standing FBI workers…that it was ok ..Along comes Donald Trump and sez “thats what you think”..its NOT OK for FBI to get involved in POLITICS because now IM envolved….and NO other Presidential Candidate has had to deal with Law Enforcement in POLITICS .Thats an unfair and UN American . The FBI has shot itself in the FOOT and has NO RIGHT to complain ,it was their OWN DOING .They deserve whatever they get for taking sides in POLITICS. Dont blame TRUMP ,the FBI did it to themselves……NOW you got the Press and Wolf Blitzer complaining about how Trump is giving Russia something to gloat about ,well who ‘s to BLAME for starting this FIRE ? COMEY was the Arsonist .and the FBI gets BURNED ! The lesson is dont play with FIRE..COMEY,you bastard you are responsible for harming the FBI..and dont blame the Russians or Trump for using what YOU gave them…!
The Clintons CORRUPTION is what encouraged COMEY to get in bed with them ,it goes back to them and their GREED for POWER .They are the slime that poisoned the well.Now the Justice Department is also Corrupted and Rosenstein is just as Guilty as COMEY for doing the same thing,exactly. and he needs to go too. When you get in bed with DOGS you wake up with FLEAS. Dont blame TRUMP ,The REFORMER !
When they messed with HIM ,they had no IDEA what they were doing. ! Their cozy clic of CORRUPTION was going to blow up ,deservedly so !
Posted by Maddog
@ 14:39 on February 2, 2018
Bonds have/are being allowed to rise, to trigger the SM sell off, to screw Trump……all these hundreds of miracle SM rescues by the scum and the first time Trump has Billarly on the ropes, the bottom falls out….colour me not impressed.
Posted by Mr.Copper
@ 14:37 on February 2, 2018
Some called it the Dot-Com bust. We were bottomed out. Between June ’82 and March ’00, Gold was down $850 to $250, along with all commodities. Silver $4 heating oil .42 cents, copper .46 cents, steel was free. 🙂
At that POINT? After the dust settled, Gold Silver and PMs were the ONLY game in town. We went up first and a few years later 2003 the regular stocks followed us up until 2008, and stocks crashed again.
We MAY be in a similar situation as 2001 and 2009, the dawn of another commodity boom.
CRB Commodity Index Charts:
https://www.mrci.com/pdf/gi.pdf
Check this one down here out. Stocks high commodities cheap.
Either commodities are starting a new bull mkt or commodities are only in a bounce and a deflation trend will get obvious. Keep in mind. If commodities go up only mathematically, and not shortages, due to weaker dollar it causes over production. Dollar was high recently so maybe there are shortages.
CHART: Commodity prices slump to 50-year low against US stocks
Posted by Maddog
@ 13:12 on February 2, 2018
when Bonds topped @ 15 % rates were always less than inflation, until Volker rammed ’em up to 15 %, then Gold topped not long after….but and really this makes every thing different the Rig did not exist, especially in the form of running 24/7 Algo’s, with no Vol limits.
Where we also differ now is Vlad wanting higher prices and Xi being Ok with that…..What Vlad wants, Vlad gets,,,see Palladium and Oil and I reckon they are taking the scum on…hence these recoveries. A while back once we were down like today, no bounce was allowed, now it has changed.
Posted by Buygold
@ 12:36 on February 2, 2018
metals and shares trying to rally
Boot still on neck but hopefully we catch a little wind.
Posted by Mr.Copper
@ 12:23 on February 2, 2018
I was just thinking. Gold over $1300 is pretty respectable. A lot of the PM Miners SHOULD be netting better profits. Maybe we’ll start hearing some positive earnings announcements news soon.
Posted by Richard640
@ 12:22 on February 2, 2018
Dollar Spikes Most In Over A Year, But…
Strong ‘headline’ earnings growth (despite all the caveats) has sparked a hawkish tilt to trading sending bond yields higher and spiking the dollar index by the most since Jan 2017.
There’s just one thing though…
The 0.9% spike in the dollar index is the most since January 18th 2017 and sounds impressive, but for a trader, it appears the spike is for fading as it hits the Trump Rescue highs and rolls over…
So the strongest wage growth in years merely enabled machines to run some stops before the trend lower continues?
Posted by Mr.Copper
@ 12:15 on February 2, 2018
The BOTTOM falls out. I remember the 2008 crash like it was yesterday. Soon after I was at a Super Bowl party. Everybody was so pessimistic. Everybody was moaning about their decimated stock values.
I was chatting with my sister-in-law, and told her, what happened was actually good. It showed that our long term “misery” was over. The country can’t get any worse. Everything will get better from here.
Then she embarrassed me and shouted out to all her friends relatives etc…..”Don’t worry, Mr. Copper says everything is going to going to be alright and get better” and it DID. Until now. 🙂 This might be the start of another decline.
I also remember around 1980 a multi day series about how bad things were getting after the Gold de-peg in ’71, 1973 to 1980, Trump had a $300 mil negative net worth. Mortgages were 18%, gasoline and heating oil was unaffordable with $10k annual incomes. Gold $140 to $800.
“Long Island at The Cross Roads” series indicated the final EXACT bottom. Like they say its darkest before the dawn. Well its also the best of times before they end. 🙂
By the time the public finds out about some trend, its just about over. Re Bitcoin. Isn’t it about 10 years old?
Posted by Buygold
@ 12:03 on February 2, 2018
SM no likey
FISA warrants obtained by FBI using the fake Trump dossier
Posted by Buygold
@ 11:55 on February 2, 2018
Sinclair (I know) told me that gold would rise with rates “if” they were to spike rapidly – also the dollar would fall in that environment.
I believe he is correct but rates aren’t rising fast enough yet. In the 80’s and more recently in Russia, rate hikes were used to prop up the currency. We’re obviously not there yet – but I think we will be eventually.
Trump should not be touting the SM anymore because he may own it a year from now and that might not be good.
Posted by Richard640
@ 11:45 on February 2, 2018
in 1979 the 30 yr bond was what?? at 10% or more?? and gold went from 250 and topped at 850 in early 1980…
Posted by Buygold
@ 11:41 on February 2, 2018
let’s see if it matters
When was the last time silver was UP 3%?
Posted by Buygold
@ 11:13 on February 2, 2018
Anyone willing to trade an ounce of gold for a little less that one share of Amazon??
Posted by Maddog
@ 11:01 on February 2, 2018
No safehavens allowed, certainly not PM’s.
Small point…have been checking O/N prices on Bloomberg with the sound off and noticed that they put the PM’s between the Base metals and the Softs, as if they mean nothing special, wheras they used to be first and have always been the premier Commodity mkts.
I did listen to a few moments once and God was it awfull, they operate in a parallel universe.
Posted by Buygold
@ 10:47 on February 2, 2018
Yes. A little early.
I agree the dollar/yen is not important when gold goes down. Gold goes down on ANY dollar strength.
It’s only important if gold has ANY chance to go up.
Also seems gold can’t go up when rates go higher
Course we can’t really have any correlations that matter in a completely rigged market. The COTS have been telling us this would happen for weeks now and the commercial banksters always win.
Posted by Richard640
@ 10:29 on February 2, 2018
U were just a bit early perhaps…my only caveat would be the $…gotta watch it–I disagree with the idea that the Yen rules gold.
Posted by Buygold
@ 10:13 on February 2, 2018
Yep. Gold sure has not really ever been a safe haven has it.
Not looking good for my little stink bets.
That’s why I don’t make any big bets on anything anymore.
Posted by Richard640
@ 10:04 on February 2, 2018
DOW down 300 Gold down 13.90. Silver down 40 & in crash mode!
May 27, 2015 – Today, Western investors view gold as an alternative asset, a commodity, a quasi-currency, a portfolio diversifier and an inflation hedge. So-called “gold bugs” invest in the metal to protect against global gloom-and-doom scenarios. But average investors might want to diversity into gold as well, experts say.
How Gold and Silver Can Help Diversify Your Portfolio. “By including asset categories with investment returns that move up and down under different market conditions within a portfolio, an investor can protect against significant losses.” – Securities and Exchange Commission (SEC). The main goal of diversification is to …
May 4, 2016 – Gold is considered to be the world’s first currency. Well before the creation of paper money, around 550 BC, gold metal was melted into gold coins and circulated in many economies. Today, Western investors view gold not only as an alternative asset, but as a portfolio diversifier and an inflation hedge as …
Jan 10, 2017 – Sticking to your stop-loss levels and having cash and gold in a well-diversified portfolio will be crucial this year.
Feb 13, 2017 – It’s time to prepare your investment portfolio for the correction that most analysts say is overdue and imminent….VBISX.
Diversify across asset classes. A well-diversified portfolio combines different types of investments, called asset classes, which carry different levels of risk. … (Some investors also add other investments, such as real estate and commodities, like gold and coal, to the list.)
money.cnn.com/2017/04/19/retirement/retirement-savings-gold/index.html
Apr 19, 2017 – Investing a small portion of your retirement savings in gold would add diversification to your portfolio, but it’s probably not necessary. … So if it’s inflation protection you want, you can probably get it without gold’s roller coaster-like price gyrations by investing in short-term TIPS (or more likely a fund that …
Posted by Maddog
@ 10:00 on February 2, 2018
and to provide a big alternative talking point….
Posted by Buygold
@ 9:53 on February 2, 2018
Now praying for the mother of all comebacks, otherwise they’ll be sold by the end of the day.
Posted by Buygold
@ 9:47 on February 2, 2018
Picked up some USLV @ $11.30
I’m obviously nuts… 🙂
Posted by Buygold
@ 9:30 on February 2, 2018
Politically – I just hope we’re seeing the beginning of a big swamp being drained and we see some of these swamp creatures in handcuffs. Retiring with cushy gov’t benefits doesn’t do them justice.
Posted by Alex Valdor
@ 9:27 on February 2, 2018
Posted by Alex Valdor
@ 9:23 on February 2, 2018
It was a nice ride from Y2K until 2011 .
But ….eventually …we will be on the right track again.
There are encouraging signs , looking back a couple of years .
And Politically , it looks like we are headed for fireworks .
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