Posted by Buygold
@ 10:50 on May 29, 2018
Definitely not holding my breath because just when you think peace has a chance, someone decides to throw a wrench in the works.
Our farmers here in the US could sure contribute a lot toward feeding a good portion of the world.
Imagine a world with free energy…
Gold just decided to wake up. Gold up, USD up – I like it.
Posted by Alex Valdor
@ 10:42 on May 29, 2018
“What would the world do if peace broke out?”
I won’t hold my breath waiting for that to happen , but that event would usher in global prosperity in real terms , in my opinion . Swords into plowshares …
Hunger might even disappear .
Posted by Alex Valdor
@ 10:36 on May 29, 2018
I was looking at some old ‘guru stuff’ from 4 years ago . They were predicting the ‘breakout’ that we are STILL waiting for .
Posted by Buygold
@ 10:35 on May 29, 2018
Interesting that Iran is talking. I think ZH had an article about Israel and Iran having some direct discussions regarding Syria. It was brief and sort of hush hush.
What would the world do if peace broke out?
Doesn’t look like they’re going to be able to bring the SM back today. VIX starting to gain a little steam again.
Posted by ipso facto
@ 10:34 on May 29, 2018
PARIS (Reuters) – Rival Libyan factions agreed on Tuesday on a declaration that would create a political framework to pave the way for U.N.-backed elections in December to end the country’s seven-year-old conflict.
https://www.reuters.com/article/us-libya-security-meeting/libyan-factions-agree-to-december-10-elections-at-paris-talks-idUSKCN1IU188
Posted by ipso facto
@ 10:23 on May 29, 2018
Iran willing to push for ceasefire in Yemen talks with European powers
ANKARA/PARIS (Reuters) – Iran and European powers have made good progress in talks to end the conflict in Yemen as Tehran has shown itself willing to push for a ceasefire and ease the humanitarian crisis there, according to officials on both sides.
https://www.reuters.com/article/us-iran-europe-yemen/iran-willing-to-push-for-ceasefire-in-yemen-talks-with-european-powers-idUSKCN1IU1FO
Posted by Buygold
@ 10:16 on May 29, 2018
“The only way all this ends is a total blow up, as they are out of control and only have one play book….but what will be left.”
Sure seems that way. Not certain what would cause a blow up, but I suppose if the scum wants to get rid of Trump and his Republicrat congress, they better get to work on some sort of economic meltdown pretty soon.
I see Soros is out on ZH saying an implosion is imminent, one he no doubt sought to create.
Posted by Maddog
@ 10:06 on May 29, 2018
SM launching here, already 12 S&P pts off Low…what me worry…g’ed outta here.
Posted by Maddog
@ 9:44 on May 29, 2018
PM shares just reflecting that PM metals are not ‘allowed’ to rally.
Had to nip out for a while after Gold had struggled up to 1304 or so…came back and see they took it right back to 1292, in some kamikaze smash….these mkts are losing all semblance of reality, as the Rig panics….
The only way all this ends is a total blow up, as they are out of control and only have one play book….but what will be left.
Posted by Buygold
@ 9:43 on May 29, 2018
We’re only 12 minutes in but they seem pretty firm – all things considered.
Will be interesting to see if the money masters bring the SM positive today.
Posted by Mr.Copper
@ 9:41 on May 29, 2018
This copper chart for one exposes it. $1/lb plus or minus .50 cents. They had Copper 50 cents to $1.50/lb from 1972 until 2004. Three things.
Between Y2K, the dot com bust, and 9/11/01, the bozos were thrown totally off stride. Most commodity charts look the same.
https://www.mrci.com/pdf/hg.pdf
Posted by Buygold
@ 9:19 on May 29, 2018
commodities getting smashed
Makes me wonder if this next crisis will be deflationary
Posted by Mr.Copper
@ 9:02 on May 29, 2018
Sooner or later reality will take hold. Probably during the next meltdown. I knew long ago globalization was a mistake, and its finally getting obvious with all the populous movements. Add to that, the merging of all those Europeon countries financial systems and into one Euro I knew was another bad idea long term. And here we are, in the long term. (note my misspelling of European is on purpose)
Posted by Captain Hook
@ 8:52 on May 29, 2018
I think it will be a lot more interesting when idiot speculators / hedgers figure out precious metal ETF calls (on GLD, SLV, GDX, GDXJ, NUGT, JUNG, ETC) are not a hedge against ‘financial market chaos’ — but guaranteed fraud.
Perhaps they will get a good lesson in this respect in coming days.
Then precious metals will be able to rise once they stop their idiot gambling behaviors because they won’t be exploited by the bankers machines.
We can only hope.
Cheers
Posted by Alex Valdor
@ 8:45 on May 29, 2018
Posted by Alex Valdor
@ 6:59 on May 29, 2018
Globex , Hong Kong , and London were all open during the spike .
Will NYMEX bring out the Gold sledgehammer ?

Posted by Alex Valdor
@ 6:28 on May 29, 2018
… turned away from the roadway , then at the last second , wheeled around and ran straight into the path of my vehicle . Cost this little gal (175 lbs ?) her life , and $5000 damage to my vehicle . This was all less than a week after Hurricane Matthew came to town . A week I’d prefer not to re-live .


Posted by Alex Valdor
@ 6:15 on May 29, 2018
Thank goodness for that , if true – or is it wishful thinking on my part , and just a temporary lull ?
In any case , thank you for your on the scene updates , and for providing the link to the USGS multimedia chronology .
Posted by Maya
@ 1:34 on May 29, 2018
Posted by macroman3
@ 22:54 on May 28, 2018
Posted by Mr.Copper
@ 21:06 on May 28, 2018
See Gold going down since April?
https://finviz.com/futures_charts.ashx?t=METALS&p=d1
See Euro going down since April?
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
My guess is the Europeons are out for themselves, and drove the Euro down on purpose, which drives the Dollar up. Great Britain and Japan too. They don’t care so much about us, other than what they can get from us.
Posted by Mr.Copper
@ 20:54 on May 28, 2018
Posted by Maddog
@ 20:18 on May 28, 2018
Posted by goldielocks
@ 19:47 on May 28, 2018
That zombie shirt he was wearing sums it up. They don’t have to even be bad people just really uninformed.
Your right the system is making it easy for any take over if they can get enough of these dumbed down. I think their purpose is more for voting reasons so they can control them because they’re clueless. Free college, free medical, boarders are racist on and on. They can’t even manage cost of living hard ships getting worse by the year and blame it on wages. Obama care is a disaster that will keep going up but they keep preaching the same things to get votes.
Posted by Mr.Copper
@ 19:31 on May 28, 2018
Note:
Something I just thought of. It’s in the multinational corporations, and Trump’s best interests, to maintain and promote globalization. (Unfettered activity across other’s borders)
Plus TPTB always mention how great it is for country A to glean or receive investment funds from country B. But they FAIL to say, the investments that are made in country A, will result in PROFITS for country B’s corporations at country A’s loss or expense.
Think about the global corporations that “have it made in China” (China benefits creating wealth) then they set up middle man stores (wealth absorbing) to sell the crap in the USA. Its a net drain of wealth from the USA. Note $20 trillion national debt.