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Just going with the flow. Courtesy USGS.
Buygold re “they have full control of pm’s”
You just made me remember something. In the year 2000 the stock market was ROARING. Nobody cared about ANYTHING other than stocks. Stamps gold/silver coins, antiques, collectibles and classic muscle cars were worthless.
Because of that my son was able to buy, from the original owner, a garage kept, basically unused, 1969 Chevelle SS 396, with 32,000 original miles. All original paint and even the original brake shoes, for $17,000. Worth $50-$60k today at least.
The original owner, a Vietnam vet, made money in the stock market and bought a brand new Corvette and didn’t have room in the garage for both. In March 2000, the stock market crashed hard. But about 6 months later Gold and other commodities and related shares led the way.
Gold was $250, Silver $4, Copper .46 cents
Look at Gold in 2001. https://www.mrci.com/pdf/gc.pdf
Look at the Dollar in ’01 at 120. https://www.mrci.com/pdf/dx.pdf
Just like 2001 today.
#1 Nobody cares about ANYTHING but Stocks Bonds and Real estate on highs. Nobody cares about the good stuff commodities on lows.
#2 The Dollar was too high, like today. Papa Bush in 2001 put tariffs on steel and lumber because prices were too low to stay in business. They lowered the dollar to get prices higher, then dropped the tariffs.
Mr. Copper
“It would be no surprise to me, because I figured they raised the rates only so they have some room to DROP them to stimulate or head wind the next slowdown that I think already started but not obvious or in the news yet.”
I would tend to agree because the whole economy is at stake, real estate, gov’t debt, etc. but I don’t see them pausing until things get really bad.
Still, regardless of what they do, they have full control of pm’s
@Buygold re Fed possible surprise early end to interest rate hikes
It would be no surprise to me, because I figured they raised the rates only so they have some room to DROP them to stimulate or head wind the next slowdown that I think already started but not obvious or in the news yet.
Note 10 year bond chart below. All I see are higher lows. Falling rates. Every rally in the bond chart is a drop in rates. Every drop in the bond chart has been a temporary bounce in interest rates on the way down.
The high points on the chart (2012 and 2016) reflect 1.5%. The mid 2016 Drop in the chart (higher rates to 3%) was imo an artificial Trump Effect move. A mistake. Abnormal.
I’m assuming the Trump Effect is wearing off, and the REAL prosperity will come much later. After a transition period. WITHDRAWAL, PAIN, from a 50 year long very bad habit, Globalization, importing more than exporting since 1970. Culminating in the 2008 crash.
Stunning! Did Cliff Droke ever acknowledge the rig?
Just askin’ – Bitcrap is down $900 though, amazing a Bitcrap holder could still get 5 gold oz. for one bitcoin.
Gotta love Sunday nights or any other nights or days..
CNBS – Take it with a grain of salt
The Federal Reserve could have a surprise in store for investors this week, even if everyone already knows the central bank is raising interest rates.
Along with the quarter-point increase in the Fed’s benchmark short-term target, the policymaking Federal Open Market Committee is likely to announce another change that would signal an early exit from its history-making program to reduce the level of bonds being held on its balance sheet.
Load Error
The mechanics are a little complicated. Yet it suggests that what once appeared to be an operation to shrink the amount of bonds the Fed owns — that would have run well into the next decade — could be wrapped up next year, or early 2020 at the latest.
Instead of reducing the balance sheet from its peak of $4.5 trillion to $2.5 trillion or so as some Fed officials indicated, the impact could be far less — perhaps, some suggest, to $3.5 trillion or even a little more.
Maya – your 1:52
So sad for those hundreds who have lost every vestige of their homes. Now I understand why a few of the elites in this part of Colombia live above it all ( in the area circled ).
L’IL PIDDLIN HECLA! $3.74–Top Institutional Holders—Top Mutual Fund Holders-U’D BE SURPRISED=Vanguard Group, Inc.– 33,620,718 shares
Top Institutional Holders
| Holder | Shares | Date Reported | % Out | Value |
|---|---|---|---|---|
| Van Eck Associates Corporation | 40,786,423 | Dec 30, 2017 | 10.21% | 164,369,293 |
| Vanguard Group, Inc. (The) | 33,620,718 | Dec 30, 2017 | 8.42% | 135,491,500 |
| Dimensional Fund Advisors LP | 33,563,141 | Dec 30, 2017 | 8.40% | 135,259,465 |
| Blackrock Inc. | 25,922,232 | Dec 30, 2017 | 6.49% | 104,466,600 |
| State Street Corporation | 15,832,064 | Dec 30, 2017 | 3.96% | 63,803,221 |
| State of New Jersey Common Pension Fund D | 9,700,000 | Dec 30, 2017 | 2.43% | 39,091,002 |
| Virtus Fund Advisers, LLC | 7,197,246 | Dec 30, 2017 | 1.80% | 29,004,902 |
| Bank Of New York Mellon Corporation | 4,910,815 | Dec 30, 2017 | 1.23% | 19,790,585 |
| Northern Trust Corporation | 4,770,028 | Dec 30, 2017 | 1.19% | 19,223,213 |
| Global X Management Company LLC | 3,927,739 | Dec 30, 2017 | 0.98% | 15,828,788 |
Top Mutual Fund Holders
| Holder | Shares | Date Reported | % Out | Value |
|---|---|---|---|---|
| VanEck Vectors ETF Tr-Junior Gold Miners ETF | 21,242,613 | Jan 30, 2018 | 5.32% | 81,359,206 |
| VanEck Vectors ETF Tr-Gold Miners ETF | 17,158,210 | Jan 30, 2018 | 4.30% | 65,715,942 |
| DFA U.S. Small Cap Value Series | 13,201,854 | Jul 30, 2017 | 3.31% | 71,025,976 |
| Vanguard Small-Cap Index Fund | 9,178,084 | Jun 29, 2017 | 2.30% | 47,450,694 |
| Vanguard Total Stock Market Index Fund | 9,151,124 | Jun 29, 2017 | 2.29% | 47,311,311 |
| iShares Russell 2000 ETF | 7,737,467 | Jan 30, 2018 | 1.94% | 29,634,498 |
| SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF | 7,052,241 | Jan 30, 2018 | 1.77% | 27,010,082 |
| Vanguard Extended Market Index Fund | 5,049,639 | Jun 29, 2017 | 1.26% | 26,106,634 |
| DFA U.S. Small Cap Series | 4,986,343 | Jul 30, 2017 | 1.25% | 26,826,525 |
| DFA U.S. Targeted Value Portfolio | 4,236,678 | Jul 30, 2017 | 1.06% | 22,793,328 |
G-6 +1 trade war escalation
Should be good for an easy 1k DOW points this week
MM3 – The count is still not complete
The Kapoho tidepools & Vacationland neighborhoods had more than 500 homes. The county still has not completed an ‘official’ count of the properties paved over. So what we are hearing are estimates based on how many homes used to be in the area.
MAGMA…Maya’s Ass Gotta Move Again
From 200 to 600 homes just like that? Ouch
Richard et all
Not trying to throw any wrench in things but keep in mind that if support holds and it moves up and dollar moves down, dollar can be making a reverse head and shoulders. Just sayin watch out., yah know just incase lol
Samb @ 12:50
I guess the technicals are getting favorable … although not always being reliable.
Good luck. We could all use a boost!
IPSO @ 12:33
Well, on Friday I bit the bullet and went 1/2 in long with 3x Nugt. (sorry Hook) Weekly charts of $gold have rsi, elder impulse, trix all agreeing to go long. It is tight and I might be a bit early yet. $hui chart is still a mess, that’s why only 1/2 in.
LOL
“Everyone appreciates your honesty until you are honest with them”…. Then, you are an asshole.
George Carlin
Bourdain
He tweeted Hillary goons were harassing him. Asia his wife was raped by Weinstein and Anthony said Hillary should have known with all the talk out there.
Guess T May in UK has been indoctrinated by the guests.
She says sex offenders should be allowed to adopt. Can’t have all those immigrants going without.
https://www.telegraph.co.uk/news/politics/conservative/8201521/Sex-offenders-including-paedophiles-should-be-allowed-to-adopt-Theresa-May-told.html
Treefrog
lol we don’t have a problem here amongst each othe yet, but we have some anti Americans working on it. Must be some international thing.
goldi
maddog’s vid probably won’t play for you because you’re in californistan, and it shows something unsafe. the left coast has special filters for stuff like that.
Maddog
The video won’t play.
Maya
Looks like Pele’s busy growing her island. About the only place around you need a pencil and eraser for the map. Hopefully it will release enough underground magma it won’t happen again for a while but something you can’t predict I guess.