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Sir John Templeton-Jim Rogers–Buffett=”buy when there’s blood in the streets”-or so the theory goes…

Posted by Richard640 @ 13:34 on June 15, 2018  

Somebody’s got to do the dirty work…but I’ll pass on the JNUG June 29 $14 calls-a hunnert of em would cot $5100–SLV’s the cheapest way to get some skin in the game–if one rallies, so will the other…Comex silver made a new low-down 78 cent–when my order was filled…

 

06/15/2018  13:23:04 Bought to Open 125 SLV Jun 29 2018 16.0 Call @ 0.07

06/15/2018  13:23:04 Bought to Open 175 SLV Jun 29 2018 16.0 Call @ 0.07

ZH readers on gold:

Posted by Richard640 @ 13:12 on June 15, 2018  

It used to be $1B for about a 1% drop.  Then it was $3B for about the same.  now we have $34B and what a 2 maybe 3%move?  It ain’t working anymore and it is becoming too obvious.  Dumping over 250,000 thousand contracts in four hours is getting a bit surreal.

@goldielocks re 0:18 on June 15, Got Those, thanks for the added info.

Posted by Mr.Copper @ 12:50 on June 15, 2018  

RNO–I definitely like that trade–good luck!

Posted by Richard640 @ 12:45 on June 15, 2018  

Buygold….But…but….I am supposed to be the defender of Israel on this forum…

Posted by Richard640 @ 12:44 on June 15, 2018  

Now I’m Jew baiting?  Don’t u get that I am joking…and making Joo-hating look like the idiot pastime that it is?

Comex Silver

Posted by redneckokie1 @ 12:36 on June 15, 2018  

I’m gonna be a buyer at $16.20.

rno

At least there’s soccer to watch today

Posted by ipso facto @ 11:23 on June 15, 2018  

I’m not a big fan … but the World Cup is fun to watch.

Mr. Copper’s Poll Results Are In: 99.9% Of Liberals Are Extremely Emotional and Have Mental Disorders.

Posted by Mr.Copper @ 11:14 on June 15, 2018  

The Insane Idiot Report

Posted by ipso facto @ 11:04 on June 15, 2018  

TV Poll: 71% Of Liberals Don’t Want Peace With North Korea Because Trump Would Take Credit

https://www.zerohedge.com/news/2018-06-15/tv-poll-71-liberals-dont-want-peace-north-korea-because-trump-would-take-credit

The future of gold exploration is under cover

Posted by ipso facto @ 11:02 on June 15, 2018  

The future of gold exploration is under cover

I’m with buy gold

Posted by eeos @ 10:40 on June 15, 2018  

I don’t give two sh*tz about the Jews or Israel. I’m not here to slander people by race or creed or teach them about complex politics. These are fantasies or hang ups in your own head. I don’t care the try to pick sides on Zionist, the Middle East or any of the meddling that happens over there. I’m not exactly sure who’s right so I just stay out of things I don’t understand.

Buygold Good Point

Posted by Mr.Copper @ 10:36 on June 15, 2018  

Ya know? On second thought? Silver very under priced yes, but an industrial metal still easily suppressed. Maybe UGLD is a better bet, a global monetary metal, bought by banks and gov’ts not as easy to hold down.

Low Dollar Good For Exporters and Jobs, High Dollar Good For Consumers and Low Gasoline

Posted by Mr.Copper @ 10:28 on June 15, 2018  

They can’t make everyone happy at the same time. Plus the tax PAYER wages are too low on average. A slice of Pizza today is $2.50. with a minimum wages of $8?/hr or 3.2 slices per hour earned.

In the 1960s a slice was .15 cents with a minimum wage of $1.40/hr. or 9.3 slices earned per hour, versus 2.9. GET IT?? Minimum wage would have to be $23.25/hr to equal the ’60s. $26 is more accurate. Lots of competition with pizza these days.

 

Mr Copper

Posted by Buygold @ 10:23 on June 15, 2018  

USLV has bounced off 9.60 – 9.80 area for months. That’s where I’ll pick some up.

R640

Posted by Buygold @ 10:18 on June 15, 2018  

Lighten up with your Joo baiting crap.

Zero Hedge is a wide open forum and you’ll get plenty of takers in their fight club.

Take your agenda there and spend your energy

How About A Little Day Trade With USLV??

Posted by Mr.Copper @ 10:08 on June 15, 2018  

Right now down 7% at 10.42/sh. Hmm.

Sold 20% yesterday

Posted by Buygold @ 10:05 on June 15, 2018  

Really glad I did. Metals up with the USD made no sense in a fed week. Today is the make up pounding.

No end in sight

re LI home prices rise; Suffolk prices rise the most in a more than a decade

Posted by Mr.Copper @ 9:58 on June 15, 2018  

parts:

Driving the price rise were a tight supply of homes for sale, strong demand from first-time buyers and a rush to lock in interest rates before they rise further, agents said. In Nassau County last month, homes sold for a median price of $519,000, up 8.1 percent from the previous May. Over the last 12 months, Nassau home prices have posted year-over-year gains ranging from 3.7 percent to 12.5 percent.

The number of closed homes sales fell annually by 5.5 percent in Nassau. The number of closed homes sales fell annually by 5.5 percent in Nassau. “Nassau has just become more and more unaffordable for a lot of people, it’s a combination of prices and taxes,”   “While the economy is doing well and everyone has got a job, you haven’t seen a real big increase in wages.”

Plus, he said, “with interest rates creeping up a bit, that’s taking away some of their buying power.” “The higher end is just taking a little longer to sell, so that’s why you’re seeing a shift in the inventory level,” Baumann said.

Comment:

Looking at the headline, it sounds like everybody is happy about it. However if it was food or fuel soaring, because of being supported by bankers and their loans, and gov’ts and the tax deductions, they would not be so happy.

Soon before the prior real estate crash in 2008, a similar situation, I told everyone around me, and I’ll restate now…”When these old houses get to up to one million dollars, they will all be for sale.” They crashed after $600k was reached.

https://www.newsday.com/classifieds/real-estate/multiple-listing-service-of-long-island-real-estate-housing-1.19208573

 

But…but…there is no manipulation of PMs…

Posted by Richard640 @ 9:54 on June 15, 2018  

It’s just a coincidence that silver is down 47 cents on op-ex….boy! Was that a great rope-a-dope operation…hooking all those call buyers the past 2 weeks…Squeal!

Did u lose money on your silver calls? The Joos did it…

Did your wife leave you for another woman? The Joos did it!

Did your taxes go up on your home? The Joos did it!

*********************************************************

Politics

anti_semitic_cartoon.jpg

Everything looks normal

Posted by eeos @ 9:50 on June 15, 2018  

WPM had a big spike down in pre-trading a couple days ago that made me feel suspect that something was coming down the pipe.

Dollar Versus Gold

Posted by Mr.Copper @ 9:38 on June 15, 2018  

Us versus banks and governments. Look at this nonsense below.

What’s with this ridiculous bounce in the Dollar?

https://finviz.com/futures_charts.ashx?t=DX&p=h1

What’s with this ridiculous drop with gold?

https://finviz.com/futures_charts.ashx?t=GC&p=h1

Sooner or later TPTB will have to drop the Dollar (raise gold) to help the US exporters and the so called emerging markets. UNLESS, the US economy has such a STRONG economic revival, there is more discretionary income that will buy inflation hedges like Gold.

 

Bye! Bye! July 15th $16-$16.50 etc SLV calls=SLV down 24 at 15.92

Posted by Richard640 @ 9:38 on June 15, 2018  

The stock mkt.–the alibi for the down opening is China tariffs–the open will be bought

Posted by Richard640 @ 9:31 on June 15, 2018  

If the mkt gets anywhere near unchanged, it will be a good sale…because the mkt. will be crashing sometime before the election–as planned by the deep  state to influence the elections and hurt Trump

Bull mkts begin in despair and end in euphoria=peak earnings-peak consumer confidence–peak bullishness etc etc

Captain Hook

Posted by Mr.Copper @ 9:25 on June 15, 2018  

I also hate ETFs, ever since the snakes created GLD and SLV to draw demand away from physical. However, if or when the central banks push the dollar back down to 75 area, all those ETFs should go up. Eh?

A little difficult to operate when your equipment is being looted. No reason to work if your pay is worthless, and now they’re importing gasoline as well!

Posted by ipso facto @ 9:19 on June 15, 2018  

Workers Flee and Thieves Loot Venezuela’s Reeling Oil Giant

EL TIGRE, Venezuela — Thousands of workers are fleeing Venezuela’s state-owned oil company, abandoning once-coveted jobs made worthless by the worst inflation in the world. And now the hemorrhaging is threatening the nation’s chances of overcoming its long economic collapse, union leaders, oil executives and workers say.

Desperate oil workers and criminals are also stripping the oil company of vital equipment, vehicles, pumps and copper wiring, carrying off whatever they can to make money. The double drain — of people and hardware — is further crippling a company that has been teetering for years yet remains the country’s most important source of income.

more https://www.wral.com/workers-flee-and-thieves-loot-venezuela-s-reeling-oil-giant/17628941/

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