Funny, antisocial personalities profess socialism. They are acting out as manipulators trying to shame and cause stress to other in their last ditch to hold on to control or try to control them to suit their interests by interfering with their lives. Their narcissism took a reality check with the election. They are indeed trying to manipulate the ones they still control to violence. They just can’t stand the fact that the Trump team is still functioning so now trying to take it to another level because they just can’t stand not being in control of others and being put on ignore.

I’m thinking positive. I think global socialism is failing. We were taught it fails long term, and since it was before McCarthy, its in the long term. Transitions are rough. If you worked with sheet metal and you had to create a manifold, that goes from square to round, before you bend it up, the flat pattern is confusing.

Interesting hit piece on black salve. But did you notice that almost all of the commenters are defending it?

Free stuff … what could go wrong?

They’ve got the younger citizenry so dumbed down that they’ll probably go for it, especially if we have an economic catastrophe. When you got nothing you got nothing to lose.

Democratic Socialists Openly Calling For Communism After Ocasio-Cortez Win

https://www.zerohedge.com/news/2018-07-02/democratic-socialists-openly-calling-communism-after-ocasio-cortez-win

My God!  They are openly calling for the Execution of House GOP members, and to “Shoot president Trump!

Where is Joe McCarthy, now that we need him?

That’s very funny … just a little unlikely. Would be great if it happened. 🙂

https://youtu.be/gfBVp9higj0

everythings gonna be free over there…we need to advertize that utopia and the traffic will go south instead of north..Just tell everybody especially the Liberals ,Maxine,et al….all we need to do is Market Socialism..we are the best at Marketing ..just use it to get the word out..Help Mexico advertise how Great its gonna be…WE may never get this chance again…by the time it takes affect maybe the Wall will be built .We should help Mexico advertize and give free passage ,free bussing to Mexico,free air fares to familys including kids ….What a deal ! Turn lose all those Marketing graduates to help Mexico sell its rhetoric we really need to help them…!

I guess if the Dollar drops from here, sure the Yen could be 155 per dollar. Time frame hard to guess. I think its all up to the Bankers. They are operating like a global social welfare office.

It’s like the entire world has only two countries. One is the USA, and the other is ‘all others’. High dollar helps ‘others’, low dollar helps USA. They seem to alternate currency values, like watering your lawn in different spots.

This group of charts shows the Dollar up strong against all currencies. Everything on futures is priced in dollars. So dollar up means all others down. Even commodities. But not totally uniform.

Dollar has been losing buying power for decades. I was implying if the system is going backwards, the dollar should GAIN purchasing power. The masses in the USA used to survive on a 40 hour work week. One pay check per home.

Now its 80 hours, two paychecks. So in reality its the low paid masses, because of corporate dominance, and stupid bought representatives, it looks like the masses might pull the whole system DOWN.

https://www.finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1

SM tanks o/n, opens in US weak and then is bid all day to close up !!!

Dollar sells off and is then bid back by ?????

PM’s get clobbered on back of weak SM…supposedly and when SM recovers PM’s stay in tank…maybe due to now strong Dollar.

Same game day in day out, nothing changes….they really should just close it all down and tell us what the prices are once a day….because something scares ’em rigid.

Ya know, when the 10 yr went 1.5% to 3%, even higher rates were dominant predictions. The mass widely held opinion.  I insisted rates topped and had to go lower. So far so good.

Now, when the idiot Dollar went from 89 in April to 94-95 area recently the widely held opinin is a stronger dollar. Again, I do not agree.

And if the dollar bulls, or speculators, keep having fun going long the dollar, sooner or later the Fed will “punish” them with some news of some type, or have Goldman Sachs place some big sell orders.

The dollar has to go lower to help the USA. Same thing in around 2000. As soon as little George got in they put on tariffs until the lower dollar they created, got prices higher. Then they removed the tariffs.

P.S.

If Gold, the pituitary gland of the global financial system, is going down because of natural market forces? And keeps going Dow? That would imply or fit with a major reversal of the dollar losing its purchasing power after the 1945 Breton Woods agreement.

Can you imaging dollars GAINING value?? For a change. Minimum wage $1.40/hr, new cars $1000 to $2000, houses $20k to $40k? And Gold at $140/oz.

If massive global trade is in reverse a LOT LOT less oil or rather diesel fuel would be needed. Lower Oil. If they stop war games and start winding down defense spending, a whole lot less metals would be needed. Lower metals prices.

The metals production today is probably MORE than when WW II was going as if we were still at war. There is one big financial mess unfolding gradually.

The tipping point was Y2K, dot com bust and 9/11/01. The Fed panicked and started real estate boom bust, causing the crisis of 2008. During Obama’s eight years, ‘08 to ‘16 the reversal was very gradual.

Too little for too long. Once they switched to Trump, I think they are in panic mode again. Very aggressive at reversing the past.

My family on both sides have been in Canada for over two centuries , and I am still 100% Scot Celt – Maybe one Scots-Irish in the mix about 200 years ago , but still Celt.

MacLeod , MacArthur , Blue ( MacGorm ?) , Munro , MacGregor , Ross , MacQuarrie , MacLean , etc., etc.

Unreal action in metals….but are they being too aggressive, v poss.

I can’t picture the bathtub theory other than PMs got washed out lol All I see is a giant H&S pattern that played out.

Well , I have another formation , taken from reliability studies . The failure rate of a new product can be high due to manufacturing issues , poor materials , etc. Then after that initial period , the item can work for years without problems until it wears out and failures become prevalent . That curve is similar in shape to the outline of a bathtub cut in two vertically – and looks like an exaggerated , wide U , so is called the bathtub curve .

Imagine if we are setting up for a bathtub curve in the PM’s .
I am not plugging leveraged ETF’s , but imagine if this turns into a bathtub curve :

and remember , some of the large investment bankers are accumulating physical silver ! Aggresively ! Cheaply !

But nobody knows it yet. The dollar will probably drop for 10 years from here. Its like 2001 all over again. But instead of a $250 Gold bottom, it’s a $1250 Gold bottom. (or a $1060 bottom from Dec 2015)

Gold is pretty oversold but still continues down, silver doesn’t go up for more than a day before getting hit for 1% minimum the next day.

I guess I’m a little surprised that the shares aren’t getting hit harder, but they still stink.

(Kitco News) – Money managers have reversed to a tiny net-short position in gold futures, the first time they have not been net bullish in more than two years, according to the most recent weekly data from the Commodity Futures Trading Commission.

http://www.kitco.com/news/2018-07-02/Money-Managers-Net-Bullish-Positioning-In-Gold-Futures-Disappears.html

update ……….. those drilling costs (ATAC) are going to need twice the current price of gold to support any mining infrastructure.  Seg 2 Quebec zinc play is more to my liking as quite a bit of infrastructure is already there.

Hour 1 – Key Considerations For Currencies, Markets and Metals

the sun in my drunken boating years the only thing that got rid of a moles on the bridge of my nose and  worked for me was  the castor oil paste with baking soda.  It took about six weeks and you just put it on a nite.  The conventional medical treatment would use the laser.  Mercola had an article on castor oil for other uses.  I used castor oil hot packs in the past for planter and it works better than conventional remedie$ and actually works.

https://homeremediesforlife.com/castor-oil-for-moles/

Indonesia’s state-owned mining holding company PT Inalum is close to finalising a multi-billion-dollar deal to acquire a majority stake in the giant Grasberg copper mine, government officials said on Saturday.

Situated in Indonesia’s eastern-most province of Papua, Grasberg, the world’s second-largest copper mine, is owned and operated by Freeport Indonesia (PTFI), a subsidiary of U.S.-based Freeport McMoRan Copper & Gold Inc..

Global miner Rio Tinto has a joint venture with Freeport for a 40 per cent share of Grasberg’s production above specific levels until 2021, and 40 per cent of all production after 2021.

Inalum’s planned purchase of Rio’s interest will form part of an agreement for Indonesia to take a 51 percent stake in Grasberg, giving it control of the mine, which needs significant investment to move into its next phase underground.

Freeport, which would sell Inalum a further 9.36 percent stake, would see its current 90.64 percent holding in Grasberg diluted down to 49 percent, although it would remain the mine’s operator.

“Now we are preparing contracts. You could say it’s already completed – all that’s left is the finalisation of documents that need to be signed,” Deputy State-Owned Enterprises Minister Fajar Harry Sampurno told reporters at a government event.

cont. http://www.mining.com/web/indonesias-inalum-close-acquiring-freeports-grasberg-copper-mine/

Mercola – black salve

LOL I sure hope that Obrador keeps his mitts and taxes away from the miners. There are so many projects in Mexico that most people here probably own companies that operate there. Could be a bloodbath if he leans towards South Africa or old Zimbabwe style policies.

Re Obrador

There was a well known joke in the USSR, which said….What would happen, if the USSR invaded Saudi Arabia….???

Nothing much for a few years, then they would run out of sand !!!!

How long before Mexico is importing Silver ?????