Captain Hook
It doesn’t matter what products are being used, whether real or fake, if the underlying mkt cannot function, due to blatant manipulation.
Todays action in Gold is a perfect example on the hrly chart. Clear break out above a sizable base, was stopped dead and reversed back into the previous range, despite all the news being very bullish.
No real mkt does this. Why ???? Because the last thing the Fed wants is Gold going back above $ 1300, the Dow down 500 and counting, while Italy falls apart.
Fearless prediction…
PM’s stage a rally after the Fed Minutes are released. USD gives up most of its gains.
Just sayin’
Overseas stocks diving, 100 immigrants found in a tractor trailer
Lots strange things happening. Maybe that second eye wall is approaching. I hear they are reversing Dodd Frank now too. That means the “too big to fail” rules are gone. More sub prime loans converted to AAA Bonds. It sounds like desperation. They want under paid people to borrow money and piss it away on things they can’t afford. People need profits on their wages to spend. Not borrow against future low wages.
Better get out while you can. PS Eff SA
100s Of White South African Farmers Apply To Australia For Humanitarian Rescue
“Malema, who was convicted of hate speech in 2011 for singing the apartheid-era revolutionary song Shoot the Boer, Kill the Farmer and in 2016 told supporters he was “not calling for the slaughter of white people‚ at least for now”, said farmers should “leave quietly”.
“at least for now” That’s comforting.
A primer on how baaaaaaaaaad, the fiscal situation is in Italy .
Italy Update – How Italy Got Into Its Current Mess
http://brucewilds.blogspot.co.uk/2018/05/italy-update-how-italy-got-into-its.html
All of which, is of course super PM bearish, in scumworld.
Floridagold @ 9:21
We’ll see what happens in Illinois. I believe they’re the first state in line for the crack up. I sure hope the Feds don’t give in to the States demands. How inflationary would that be!
Maddog
Come on man…get a grip…it’s to da moon time soon…right?
Load the boat with more fake precious metals in GLD, SLV, AGQ, GDX, GDXJ, NUGT, JNUG calls (and they have more on the way folks) in order to attract more money away from real gold and silver.
American markets, speculators, price managers don’t control the prices of precious metals by all nefarious means (mainly the machines — so permabull speculators have nobody to blame but themselves)…really…heavy on the sarcasm.
Come on man…the metals are down today…but if you listen to ‘community pundits’ it’s just a short time before it’s to da moon time again. So we should all be buying big stacks of GLD, SLV, AGQ, GDX, GDXJ, NUGT, JNUG calls…no?
One won’t lose all their capital in this crap again…really.
Chuckle
R640
The mkts are getting worse by the day, scum are rightly in a major panic over Italy…so PM’s are getting crucified here.
For years they have held Italy together by sidestepping democracy and appointing EU stooges to run it, who solved nothing, …now they are facing their come uppance.
“There Is A Sense Of Panic In The Air”: Italian Bond Carnage Returns
https://www.zerohedge.com/news/2018-05-23/there-sense-panic-air-italitan-bond-carnage-returns
Floridagold @ 8:41
CA better not expect the Federal gov (everyone else) to pay their ridiculous pension commitments!
The “outrage du jour” in the PM market
Earlier gold was up $10 and silver was DOWN 3 cent….that was a reliable signal that any gains in gold today would be negligible..gold is still up $6 and JNUG is up a big 4 cents…so “they” are attacking from many fronts the pathetic gain gold dared exhibit…
Equisetum
Thanks for the support.
Wow USD really ripping higher
Surprised gold is up, even more surprised SM is down
Lava Train

Hmmm… wonder if I could use one of these to clean up the neighborhood?
http://railpictures.net/photo/596584/
By the way Copper, I like your reference of Elliott as Vronsky in drag.
Anybody seen FGC lately? North?
I did happen to find a wanka approved parting gift for Ellidiott…
We don’t need no stinkin Elliott…

Federal Budget Deficit Projected to Soar to Over $1 Trillion in 2020
parts
WASHINGTON — The federal government’s annual budget deficit is set to widen significantly in the next few years, and is expected to top $1 trillion in 2020 despite healthy economic growth, according to new projections from the nonpartisan Congressional Budget Office released Monday.
The national debt, which has exceeded $21 trillion, will soar to more than $33 trillion in 2028, according to the budget office. By then, debt held by the public will almost match the size of the nation’s economy, reaching 96 percent of gross domestic product, a higher level than any point since just after World War II and well past the level that economists say could court a crisis.
The fear among some economists is that rising deficits will drive up interest rates, raise borrowing costs for the private sector, tank stock prices and slow the economy, which would only drive the deficit higher.
“From Day 1,” the Senate Democratic leader, Chuck Schumer of New York, said, “the Republican agenda has always been to balloon the deficit in order to dole out massive tax breaks to the largest corporations and wealthiest Americans, and then use the deficit as an excuse to cut Social Security and Medicare.”
https://www.nytimes.com/2018/04/09/us/politics/federal-deficit-tax-cuts-spending-trump.html
Well Buygold, now you gone and dunnit. NSA troll dude 3 cubicles down and two rows over is not collecting his bonus cheque this month…
I’m gunna book off sick tomorrow so I miss the postal effects…<like a 757 coming through my office>
Stay safe Maya, the only thing red and hot I can respond with. Hope you are in the convertible with only flesh lava wounds…
All – you too Goldie…
Thanks for the support, I mean it when I say I’m honored to have gotten to know all of you.
I think I speak for all of us Admins – in fact, I know I do.
Goldie – you’re like me – you’ll NEVER retire! 🙂
Best to all
Aquila
Smart move.
I’m posting too much over tired over wired still multitasking so say good nite.
Ororeef
Too much dept, never thought about that. Other things going on like corporations becoming a corp slave. It’s like they have a agenda to follow and not really listening or observing the PT They could have obvious things and not notice. Winedoc the exception. The foreign countries and maybe here is pumping out a lot of internists that they are making into GPs when their not GP’s.
Yes Buygold
Let us know if there is another fundraiser before I retire lol if that’s ever.
Maya
I remember that song. That’s quite a site. Your taking pictures of history in the making.

