Posted by silverngold
@ 15:12 on August 11, 2018
If it won’t come up for you please go to The Corbett Report and watch the video from there. Thanks!!
Posted by goldielocks
@ 15:10 on August 11, 2018
It’s worse than that, it’s a genocide of civilized successful western cultures everywhere over uncivilized unsuccessful unlawful to our standards cultures that hate us by swamp people with in who hate us because they can’t abuse or control us so want to replace us with people ” mauraders “they think they can. That won’t work out and just turn their country into a wasteland but in the meantime these countries need a revolution and fast. These politicians obviously don’t love their country or people? Just out for themselves. Not just stand aside and let these people who hate and taking advantage of them from within and without take their country from them. To take their PC and shove it. There are now groups of people who could not exist without these civilized countries feeding and housing them and now they are going there feeling entitled to be fed the rest of their life with nothing to offer in return but trouble.
I guess one of Merkel’s insiders told them being a minority over migratants isn’t so bad. They don’t even hide their intentions anymore.
Someone from another country I met on line showed posts of things from these countries and how well the migrants working out.
Latest a African migrant selling things on the beach ” in Spain ” no one wanted so he started dumping piles of objects mostly appeared to be cloths in the ocean like a garbage can. I guess he didn’t pay for these items.
Other videos of gangs of them walking into stores taking food jumping on and over counters.
In Australia a bunch of African immigrant youths rioted vandalized the streets and their rep just played it down as just a bunch of young guys goofing around or something. No, they were committing crimes and nobody did anything about it. It’s clear they have imcompetent immature low roll models who have no respect for any their host country, rule of law and other people’s property and they support these people and the problem will just grow. No one was arrested but if it was Aussie citizens doing that you know there would be arrests and fines. Again just stand by and let them trash your country. That’s what being civilized means today I guess. They think they can wait and a few generations it will be different. That didn’t happen in Haiti or Chicago or other no go zones just growing because social programs are enabling it to be generational by making excuses for it after multi generations.
Posted by ipso facto
@ 14:28 on August 11, 2018
I’ve heard the name of that book before, I’ll check it out. Thanks
The bombardment seems to be letting up a bit …
Posted by silverngold
@ 11:49 on August 11, 2018
Posted by treefrog
@ 10:45 on August 11, 2018
yep, i think there are a lot of us who have become accustomed to this, and like veterans in a long war, don’t take much notice of each new bombardment.
your “a long time down” reminded me of one of my favorite ’60s novels, “BEEN DOWN SO LONG IT LOOKS LIKE UP TO ME” by richard farina (joan baez’ brother in law, no less) if you can find a copy, it’s worth a read, if for nothing more than nostalgia.
Posted by Richard640
@ 8:03 on August 11, 2018
But again, we are talking a “kill zone” here, not nice and comfy trends like those afforded the stock market. It never was gonna be easy.
https://nftrh.com/2018/08/08/golds-kill-zone/
Posted by Richard640
@ 7:57 on August 11, 2018

The Downside Capitulation alerts in gold of July 17th-19th have been followed by a small bounce, capped with closes just under $1232. Last week saw new closing lows at $1205. This continues to have the makings of a classic undercut of support and a Wyckoff ‘Spring’ bottom (see 2016, 2015 and 1998 examples). Any daily close above $1232 should be followed by an initial rally that tests the 55-day simple moving average (currently $1262) within three weeks. There is the outside chance of a secondary rally from there that retraces 50% or 62% of the decline from $1360. {Ross Clark is his Tech boy]
http://www.321gold.com/editorials/hoye/hoye081118.pdf
Posted by goldielocks
@ 7:46 on August 11, 2018
Posted by goldielocks
@ 21:19 on August 10, 2018
Right but fiat reminds me of the Titanic. The fiat is invincible. Tell that to Venezuela or Turkey, war torn countries or brain dead like Africa, even Aussie and Canada being affected. It kinda reminds me of the housing boom and people in the housing section be realities or assessor we all in their own little world and every other general profession was so below them. What do you do, oh a nurse. Then the floor dropped out under them and they were all unemployed. My humble profession was still putting food on the table. These realtors were busting tables or working as orderlys or what ever else they could find. It wasn’t easy for nursing either they were looking to cut pay with foreign cheaper labor which got sloppy but just sayin.
When gold brought up they previously looked down on were then now resentful of anyone who had any.
It seems even now they resent and will try to screw the investor either way where they go long or short.
I went from doing both to see it like fishing. Patience, either way.
Posted by ipso facto
@ 21:13 on August 10, 2018
Been a long time down my friend, perhaps that’s what bottoms are made of …
I think I’m in for the duration.
Posted by Buygold
@ 20:18 on August 10, 2018
Heard that a million times. Never happen. The people in the west have all the money. They’ve been conditioned that gold is worthless, a barbarous relic. Just got to buy FANGS and get rich.
The dumbasses in Turkey, Russia, China and elsewhere buy gold but they are small players and their govt’s are miniscule compared to the mighty printing press of the US.
All comedy, gold is no longer money.
BTW – SRS Rocco is an idiot
Posted by Richard640
@ 19:52 on August 10, 2018
If we compare these global bubble asset values from yearend 2015 to the newly updated figures for yearend 2017, we have the following:
Increase In Global Asset Values 2015 to 2017
Global Real Estate = +$64 trillion
Equities (stocks) = +$28 trillion
Securitized Debt = +$11 trillion
*******************************************************
In just the past few years, global asset values have risen to the biggest bubbles in history. Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer. However, rapidly rising digital riches can easily turn into digital losses, just as quickly. But, this will likely remain a…
Posted by Richard640
@ 19:40 on August 10, 2018
Silver
*The large specs increased their long positions by 3,400 contracts and increased their shorts by 4,923 contracts.
*The commercials increased their longs by 1,956 contracts and reduced their shorts by 75 contracts.
*The small specs decreased their longs by 1,136 contracts and reduced their shorts by 628 contracts.
Gold
*The large specs reduced their long positions by 963 contracts and increased their shorts by 21,686 contracts.
*The commercials increased their longs by 8,949 contracts and reduced their shorts by 13,360 contracts.
*The small specs reduced their longs by 1,616 contracts and decreased their shorts by 1,956 contracts.
Posted by Buygold
@ 18:56 on August 10, 2018
Sort of promising and would explain why metals except silver have been holding up.
Don’t like the idea that commercials have added longs though.
Whatever pretty depressing no matter what happens.
Posted by goldielocks
@ 18:02 on August 10, 2018
Posted by ipso facto
@ 16:01 on August 10, 2018
Posted by goldielocks
@ 15:26 on August 10, 2018
Posted by ipso facto
@ 15:21 on August 10, 2018
Posted by Equisetum
@ 14:50 on August 10, 2018
Sometimes it seems a hopeless wait for real positive action in the Canadian dollar cost of an ounce of silver or gold or for the value of PM equities to get out of the basement. The last time I felt so hopeless was in 1963-64 when I was assigned to a project to see if I could come up with any new suggestions on how to begin reforestation of Nova Scotia’s Yarmouth-Shelburne barrens. I became very familiar with the dense vegetation cover of black huckleberry (Gaylussacia bacata) and sheep laurel (Kalmia angustifolia), but never came up with any hope for returning those “barrens” to a forest cover.
Time heals many things, and maybe things are looking up now for reforesting that large area of shrub cover. Maybe time will also heal the ailing PM market.
Treasure your physical. Cheers. Equiz.
Posted by drb2
@ 14:40 on August 10, 2018
that should be good for at least a$20 drop in gold 🙂
Posted by ipso facto
@ 14:02 on August 10, 2018
Posted by Mr.Copper
@ 12:15 on August 10, 2018
Because the global bankers jacked the US Dollar up so high so fast. It will create a great discounts on imports and vacations to foreign lands, for hapless US consumers. That US Note does NOT go up and down like the market price of lobster. It has a “control knob”. Its even in the constitutions. They can raise or lower the value as required.
Posted by Richard640
@ 12:09 on August 10, 2018
“if just 1/100 of a percent of the money sloshing around out there in the U.S. and around the world goes into gold, gold will soar because it’s a tiny market compared to the paper asset markets”…asset managers may view the $ and U.S. T-notes as a safe haven…and some here and abroad will be buying put protection–but that’s very expensive…whereas gold is the cheapest “hedge” around…for the very good reason that it has been a lousy hedge–lately…but not in 2009-2011–so maybe todays resilience comes from some managers saying “WTF…it’s so cheap…lemme throw a few bucks into gold’…
Posted by Richard640
@ 11:56 on August 10, 2018
The stock mkt. is trying to stabilize…let’s see how the last hour goes…
Posted by Richard640
@ 11:53 on August 10, 2018