How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...re your “One other thought on the 70’s and now. Back in the 70’s gov’t debt could handle much higher rates.”
Yes back in the 70s before imports and when we had much higher tax payer wages, the gov’t also had higher “wages”. The whole country was embezzled. Taxpayer wages lagged inflation, so tax receipts lagged inflation. $20 trillion tax shortfall. So far.
One other thought on the 70’s and now. Back in the 70’s gov’t debt could handle much higher rates.
Not the case today, I’m not sure the debt can even handle the current interest rates, let alone if rates were to spike from here. At some point gov’t debt will blow.
Maybe at the end of the day, that’s what will save gold…
Your so knowledgeable with trading why do you bother with reading Zero Hedge? Is it for entertainment reasons?
Today the SLV June 15th $15.50 call had a volume of 3031 and a h’yoooge open interest of 45,124.
Avast me hearties…listen to the Captain!
The JNUG 14.50 May 18th call has an unheard of 8664 calls volume so far…normally large call volumes in an individual strike aren’t usually predictive of anything…but this number of calls with 3 days to expiration has never been seen before to my knowledge…400 or 500 would be a large number for JNUG
( We’ll steal anything that is not nailed down , LOL )
But I have a question for you . In the Kaiser video , he and his son are wearing kilts . I believe that you go to Scotland to fish for salmon ( or am I wrong ?) . What is the connection between the Kaiser and the Highlands of Scotland , other than via the Windsors ( blood relatives )?
Yes, business as usual from the Cretins. Another opportune time to try and breed a bit of panic amongst metal holders. Two times in May, Gold bounced off of the 200MA, and the manipulators needed some fuel to convincingly push it through that support line (retail sales #). Sorry I’m not posting a chart, but IMHO, it looks like we could find some support @$ 1275 (lows from mid December).
ISSA EXPOSES GOWDY AIDING OBSTRUCTION, CENSORSHIP OF INFORMATION BY CRIMINAL DOJ
Rep Trey Gowdy, who allowed the Benghazi commission to be turned into a whitewashing of the guilt of Clinton and Obama, told Jason Chaffetz in an interview on May 11th, “You know, Jason, it was a really productive meeting yesterday. I think every question I asked the bureau and the department now understand they’re relevant, they’re material, they’re specific, they’re pointed and there’s a reason that Congress wants to know the answersto these questions.” … [[WATCH TWO REVEALING VIDEO
…
Gowdy made his pitch on behalf of the establishment as one of their key operatives, demeaning American patriots trying to get to the bottom of what’s going on as he did as being misguided. Gowdy said, “It was a really constructive, I know that is not good news from the media standpoint, that we had a boring, constructive meeting yesterday, but that’s exactly what it was. And it was so constructive that we’ve agreed to meet next week.” He’s not that big of an idiot but he certainly seems to believe that we are.
t was not so constructive that the obstructionists Gowdy’s allied with at DOJ have agreed to release the documents they’re sitting on, one’s that will likely land many of them in prison if they do. In making his defense of the DOJ criminals, Gowdy continues, “You asked if I saw something. I can learn with my ears and I can learn with my eyes,” taking the position that having his information spoonfed once the DOJ has determined what Americans should be allowed to know is acceptable.
Chaffetz, who was the Oversight and Reform Committee chairman before resigning, is not convinced, asking Gowdy, “But when do you actually get to see them?” Gowdy goes into the kind of lecture that would make Obama proud about “intentional tension” between branches of government, making extremely weak excuses for the obstruction and avoiding admitting “likely never” if he does his job as he has in the past.
Issa relays an incident in which he sat in the Capitol with Eric Holder in which he told him there were only “200 some” relevant documents and he would hand them over ‘in an unprecedented way if that would end their investigation into Fast and Furious. Issa points out that still, 10,000 documents later, some of which show Holder’s interference, we’re still not done with it. That sounds an awful lot like the Gowdy-Goodlatte deal to accept a release of 400,000 documents under gag order in exchange for them getting to bury the other 800,000 forever…
Issa says that is exactly what they did not do in Fast and Furious, Benghazi or the IRS. “And it took IGs, and subpoenas and FOIA and judges. And we still don’t have the whole truth in each of those cases, particularly Benghazi and Fast and Furious.” One of those was led by cheerleading Trey Gowdy.
He points out, “We are being asked to trust the Department of Justice, who we know, did in fact use a law that allows them to spy, but lied to get the warrants, lied to a federal judge under the FISA Act.” He says, “A FISA warrant is in fact a license to spy…Now we’re asked to believe that you can trust the very people, not the management for a moment, but the very people who know this and are covering it up..
“Most of those people haven’t retired,” says Issa. “Some of them knew about it when they broke the law or misled a federal judge, and they don’t want us to know it.”
So we’ve got one former Oversight Committee chairman visibly doubting the words of the current chairman, Trey Gowdy, and another former chairman stating that Gowdy, who allowed similar obstruction during Benghazi, must be fully aware that he’s being lied to as he attempts to sell the American people on allowing censorship and selective criminality to take place within the US Government.
Ah shucks, Mr. Gowdy, no sir. You can stop shoveling, we’re not buying anything you’re peddling today. Just keep your little manure wagon moving and while you’re at it, resign from Congress. Your kind don’t represent the right people.
Borrow from capitalism to feed socialism.
Socialism is a wolf in sheeps clothing that says it wants peace and prosperity. No they want division, money, power and put the rest in chains to feed their debt and vain desires. When more people realize that although they should start waking up on how hard they fight people like Trump, gold will go up. Politicians get paid whether you do or not. Maybe a law should be made if economy slumps they get pay cuts. Same with bankers.
we could hit a seasonal low about on may-18 and next high on Aug 10 near $1406 for gold
USD has given back almost half it’s gains from the top this am, and pm’s are stuck near the lows.
If this continues, the shares will just get whacked into the close.
I think the money goes where they want it to go. Its a global European welfare socialist type system we have, and they call it capitalism.
Also of note=Crimex gold is dead on the low of the day at 1291, down $27…yet JNUG is is 46 cents off its low of 13.78–who are the brave/foolish believers buying this tape? The $ index has come .335 off its high but is still up .548
If inflation is defined as an the increase in money supply? Yes 1945 to 1971. Big increase. WW II Korea Vietnam moon landing.
After 1971 (deflation) the higher rates sucked money OUT of money supply until around ’81 at 21% prime. We almost had a hyper inflation in the ’70s, total loss of confidence in the Dollar after ’71 but the higher rates sucking up deposit dollars were a head wind. Mexico had 35% rates. USD index hit around 160.
https://www.theice.com/publicdocs/ICE_USDX_Brochure.pdf
https://www.mrci.com/pdf/dx.pdf
I figure there cannot be much more downside….they have some good properties.
Euro down gold down. Where else they gonna go, the yuan the dinar?
It’s very difficult sometimes to watch where money is moving, theyre not gonna tell you till after the fact. Only glimpse is pre cursors to decisions that lead to more not so good decisions. People may be fooled by news market may crash. Where else is money gonna move? Just have to watch all the time if you have the time.
In 1961, I rode a train from Oklahoma City to Kansas City and back. Never rode another train afterwards. All the vessels I served on were diesel powered. Does that count?
Time to buy some more phiz.
rno
…lets go down to the rabbithole.
Here is the anthem of the “Keiser of Germany”, before first World War.
Can you hear the english hymn.
Well ….now you are on your single path !!
NEMO
Thank you for that explanation. It’s quite interesting. It was a associate too a in law a retired Chaplin Air Force associate of a group who asked the question. Church members from across the world are being updated through you. They also rally to donate to these things. The Chaplin in law doesn’t have much time left, how much time I don’t know. People from all over the world still want him to fly over lol With his lungs like Wanka but different reason can’t anymore. They don’t understand that. He was given gifts by many Presidents. He’s helped build churches and schools in third world areas over the world and why he got sick. Never smoked a day in his life.
Try this , starting around 1:45 ( America the Beautiful ) by Air Force Cadets :
Not to detract from the beautiful voices you posted – indeed sung from the heart .
please send a tune with rowan-berry, by Pentagon.
Here is one !!
Please understand the difference of hart and feeling.
https://youtu.be/lOfvkmJ7AR0?list=RDDtT62uw2LGE
Please find me a song of the praerie or the hills of USA, sunged by the people of Pentagon.
https://www.youtube.com/watch?v=lOfvkmJ7AR0&list=RDDtT62uw2LGE&index=1
was wondering the same thing, the shares will probably let us know
https://ceo.ca/@nasdaq/osisko-releases-its-first-mineral-resource-estimate
Osisko getting beaten like a rented mule.
