How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...These charts show the situation. Naturally 9/11/01 was a big factor. Soon after in 2004 you can see the instability in Copper and Oil prices. And it is NOT supply and demand that is unstable like that.
https://finviz.com/futures_charts.ashx?t=QA&p=m1 Copper
https://finviz.com/futures_charts.ashx?t=QA&p=m1 Oil
https://finviz.com/futures_charts.ashx?t=RB&p=m1 Gasoline
The future always has a lot of surprises. If gasoline and oil keep on climbing, we can figure a slowdown.
You could be right as the $ ETF speculators are neutral — unlike the precious metal ETF speculators who are always bullish. (the open interest put / call ratios are always well below unity)
To add to the clusterf*ck that is the ‘precious metals markets’ these days we now have the ETF speculators watching the futures speculators (who are increasingly betting bearish) thinking they have the ‘inside sentiment scoop’ and loading the boat with even more calls on GDX, GDXJ, NUGT, JNUG, SLV, GLD, UGL — get the picture? — it’s the greedy DF’s screwing it up for everybody — yet again.
Buying the metals and shares isn’t enough for them because they all want to be ‘richer’.
But instead end up poor.
So I’m with you — let’s hope for a $ surprise because it’s our only hope.
Cheers
Oil has a real strength to it…here in the UK tks to weak sterling, pump prices are getting back to all time Hi’s, TA is calling for mid 80’s and supposedly the Saudi’s want just under $ 90….
That is gonna pile on inflation numbers.
Elsewhere, it’s a perverse world where stocks rally on the US versus the rest of the World re Iran.
Though the Dollar Rig has a misfire this AM…..is it serious…it could well be.
I show oil up 3%, USD flat, 10 yr. @ 3% – course SM up to start the day as usual
Wouldn’t be surprised, if pm’s and the SM reverse course today. We’ll see.
only news Trump/Iran !!!!!
and sniffing recent lows….so scum mkt telling us that the Donald never made a speech, or if he did nothing changes and all is well in the world.
The Rig rolls on, impervious to reality.
Volcano has the Right-of-Way !
This morning’s pause was short lived. Fissures 13 & 14 opened on the east end and are spewing lava now. I’m looking at terrain charts and ‘steepest flow channels’ and it looks like if we get a major outflow from this area it will go NorthEast to the ocean before it gets to my Quaking Volcano Ranch… hopefully. But there are no guarantees. Tutu Pele is fickle.
…falling into line with MAGA there’s a good shot at senate blue to red flips in indiana and west va.
mike pence’s brother lining up for his old congressional seat.
kasich term limited out.
what’s not to like?
AFAIC as far as I’m concerned.
Atomic weapons are not handguns.
If 10 countries have the bomb = 10 chances for atomic war. If 100 countries have the bomb then 100 chances for atomic war. I would prefer the lesser chances!
Re your @ 16:25 “But how many times in the entire history of the world has that scenario arisen? Probably just the once.”
In my lifetime it was the 1945 to 1975 era. The post war boom they called it. I think the USA deserved it, since we saved Europe’s asses. I assume after the depression after 1934 people may have been well off, because they established a decent valued minimum wage, I guess to help get the country out of the great depression.
re your part “you want it to be the USA that gets there at the expense of the rest of the world.”
YES. The Lord givith, and the Lord should takith back. 🙂 Haven’t we done enough? Its their turn to reciprocate. I think they can afford to go backwards for a few decades. They have a loaf under each arm. Our loaf. 🙂
Like I heard Wilber Ross say…..”It was nice that we helped rebuild Europe and Japan after the war, but they forgot to put a time limit on it.” The bank made those no doc liar loans to save their own asses. The R/E market should have collapsed WAY before 2008. They prolonged liquidity to prolong the trend, or put off the crash.
Nope. Not joking.
I live in a relatively peaceful place where everyone has the right to carry.
Mutually assured destruction is a powerful thing.
Look at the actions by Nuclear countries against non-nuclear countries, war, regime change, death and destruction. Course that’s just mainly the US and Israel engaging in those acts.
Don’t know what AFAIC is…
“Give nukes to everyone”
Can’t agree with this one. AFAIC the fewer countries that have them the less likely they are to be used. I assume you were joking anyways, after all they aren’t Colt 45s.
Do I think Iran having nukes is a good thing? Nope
Do I think Israel having nukes is a good thing? Nope
Do I think the US, Russia, China, India, Pakistan, UK, France etc. having nukes is a good thing? Nope.
Give nukes to everyone, maybe everyone will be polite and hesitant to use them. “An armed society is a polite society” Mutual destruction gives one pause.
Let’s not forget, there is only one country in history that has used nukes and that would be US.
Defiant Iranian leader says country will enrich even MORE uranium after Trump blows up nuclear deal
Iran’s President Rouhani made the statement within minutes of President Trump’s announcement he is pulling the U.S. out of the Iran deal
The deal imposed strict limits on Iran’s uranium enrichment
Storing up more material could put Iran back on a path to having enough material for a nuclear weapon
But its activities would be limited by the deal it is still a party to
Three European leaders released a statement saying they will remain in the Iran deal, which involved Iran and six signatories
Rouhani said he was sending Iran’s foreign minister to meet with powers still in the deal
I think that’s a smart move too … shows how “peaceful” they are. Now lets hope they do what they say they are going to. Not always so clear.
Israel is not going anywhere at this point. The Arab or Persian countries are just eventually going to have to accept that fact or the whole area will continue to be a bloodfest. If Syria ended up like Jordan or Egypt I’m sure that would be fine with the Israelis.
Also I think that in the usual manner the belligerence of the Iranian leadership is aimed at keeping their own public behind them. A lot of the younger people have different ideas than the Mullahs.
Iran staying in the Nuclear deal with the EU, Russia and China is a smart move on their part, both politically and economically.
Yeah, I’ve heard about the Green Beret “advisors”. Generally what they do is train, rather than engage.
As far as your long term view of foreign troops in Syria, I don’t disagree. As long as the Syrians continue to choose their elected leaders AND other countries aren’t invited into a sovereign nation looking to protect it’s interests.
What we’ve had for years is foreign interests trying to overthrow a duly elected gov’t. in a sovereign nation. Not Kosher.
Have you seen the latest? Now the US has Green Berets in Yemen. Supposedly they are “advising.”
I was talking about the best solution – how it should work out in the end, “ultimately.” Could be in 10 years.
Obviously the Russians couldn’t pull out right now … maybe the Iranians could …
The Iranians bringing in surface to surface missiles makes Israel nervous … not to mention the new air defenses. It would be better if the Iranians weren’t there.
PS I agree that the Israelis have been overly aggressive at a bad time and that we shouldn’t be dragged into a war with Iran just because Israel wants to take them out.
Right, what message does than send.
” If Iran would stop threatening Israel and pulled their troops out of Syria that would count for a lot. Ultimately all foreign soldiers should be out of Syria.”
If Iran and Russia pulled their troops out of Syria, Assad and his gov’t would be sitting ducks for the Israeli’s to overthrow the regime in their quest for the “Greater Israel” project, US help of course being mandatory.
Are verbal threats worse than actual military attacks? When was the last time Iran attacked Israel again? How about ISIS???
