Equisetum – Kirkland lake has been an absolute star in the pm sector, incredible performance. I’ve been waiting for a dip to get back in but it never comes. That stock alone could keep a portfolio healthy.

MM3 – I’ll turn off the lights when I leave the room.

All seriousness, I couldn’t sell all my positions but I am really concerned about where we are and how little interest there is in pm’s anymore.

Can’t disagree with the logic. Even bounces are few and far between.

Not sure how much longer we’ll have to wait either, could take awhile.

Yes but it won’t matter because the bullish gamblers are completely out of their minds and PM’s will not go up until they are broken, which is not yet. (given a bounce can occur)

Wait for the deflation scare when these idiots start shorting PM’s at the bottom because they think a lasting deflation is coming.

That will be a good time to buy.

Cheers

157K jobs, expecting around 200K

Should hit the USD a bit, should help pm’s

All depends on what the scum allows to happen

Re Acting man

Gotta love the way he is congratulating Banksters…when the Rig is so darn obvious….day in day out it is the same direction and u can see the No’s being picked to defend….recently it is 2800 in the S&P and 3.00 % in the 10’s, while of course Au just gets clubbed at 8 am London time, almost every day and now they are going for sub $ 1200.

There are loads of reasons to be bearish the SM @ here, two pundits I follow are both looking for a major sell off…the Aden sisters are out of all the SM and an E-waver see’s a major top @ here….yet we get a day like ystdy, where o/n it looks crap as S&P is low 2790’s and then by the end of the day it is knocking on 2830 and APPL is a $ 1 Trillion Co’, yet everyone knows the last lost Amazonian Tribe all have I-Phones…..even if they can’t turn them on.

Ultimate security.  🙂

https://www.zerohedge.com/news/2016-09-30/swiss-vaults

Gotta love how the Swiss build railroads
to the tops of mountains!
http://www.railpictures.net/photo/664316/

$5000 AU the day either of us capitulates…

https://stockcharts.com/h-sc/ui?s=KL.TO&p=D&b=5&g=0&id=p85255573583

We know that at some point in the future, not tomorrow and not this year, but some point, the time for being a government creditor will over. Their unpayable debt will come tumbling down, and with it the currencies back by this debt.

This is what often happens at the “too late” or “almost too late” point… [PT]

But today is not that day. Today, we want to know when gold will have another run up. The price hit a high of $1365 in early April. Now it is over $140 lower. That’s no fun (even for us).

http://www.acting-man.com/?p=53187

15 years ago- when the population was 20% smaller- the govt said that the US needed to add 300K/month to keep up w/population growth- now 215K added is good #?

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

If employment is so good and the labour market is so tight then why is the labour participation rate at 62.9%?

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

It will soon be at 0%, with 100 million US citizens completely out of the labor force, 78 million working gigs and 42 million on food stamps since they only work part time.

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

Your right about tax absorbing jobs. When the economy is doing better it takes the pressure off cutbacks on these jobs. There was a time after the big crash even police officers were getting laid off.
Because their cronie bosses were telling them to go out and steal from the citizens and kangaroo courts to go get money or fill their jails when that happened no one felt sorry for them. It also created cop hate groups still going on today.
The tax dependent jobs can eat the people that support them. I remember few years back there was a cop on the freeway standing there holding a radar about every two blocks another then another or had someone pulled over.
Road blocks set up everywhere on the guise they were looking for drunk drivers while towing cars with late tags or lost driver licenses because they were broke too couldn’t afford to pay on and on. Then bragging about it causing more job loss cuz they couldn’t get to work.
That enabled the Illegals to get drivers licences because not having one because they weren’t supposed to be here they towed their cars.Citizens no help but illegals got it. However will be harder to walk away from a accident they caused like they did because they couldn’t be identified. All that revolved from it further giving reasons to come here illegally.
Now they’re automatically registering them to vote when they get their license.
They don’t need layers and layers of tax dependent jobs. TSA should be hired by the airlines. The Gov uses them to rob citizens too and if it isn’t a security threat any cash they carry should be notb.
When economy is better all is good. When it isn’t the Gov cannibalizes itself.
Then we have characters like Mueller who if we’re any other lawyer would be disbarred.

You’re right on all that. I think we’re lucky things are this good. 🙂

re your “We are under 2% unemployment locally. Since half our business is gov’t related, I can tell you the gov’t budgets are off the charts and money flows like water.”

To me that means its an artificial economy. Taxpayers supporting tax absorbers. We, the country, needs to make a net profit selling American made goods overseas, and profiting off of them, instead of off each other. We have been cannibalizing ourselves for decades, living off each other.

If real estate or stocks crash, that could start a slowdown.

Even if they wanted to destroy Trump which I don’t know why because the economy is doing better now since Trump negotiations with businesses and trade, taxes are lower and some jobs came back with it Obama said would never happen ” those jobs aren’t coming back” said the cluless jerk and probably enjoyed saying it as it’s apparent he wanted doom and gloom. Now he’s in play again so can only guess what his argument would be about more division, open boarders, you don’t need a ID to vote if your not a citizen while toting Russia interference and things that don’t matter. If the illegals who are the real interference including harrassing citizens voted republican they would have ID and that wall built yesterday.
Even then, other countries with currency issues wouldn’t want it either.

Yes. The rising rates on Gov’t debt has to be killing the deficit Bush and Obama blew up during their terms. If the Globalist, Neocon, Rothschild banksters want to destroy Trump they can easily do it by raising rates on debt he didn’t create.

I have no doubt they will.

Chuck is a Fipiker compared to his partner Stu for donations to higher learning. Yes Chuck gave $6 mil and 9.1 mil to UBC but Stu had doled out over $130 mil. Pretty generous.

They met when Chuck was stranded on a mountain for a week until Stu flew into rescue him. Strange that fate…

I do think that is true about raising rates so they can cut them later.

What I don’t think is true is that the US Economy is going into recession anytime soon.

I’m out on the ground in the real economy and I can tell you that where I am, work is plentiful and there is a labor shortage. We are under 2% unemployment locally. Since half our business is gov’t related, I can tell you the gov’t budgets are off the charts and money flows like water. I do expect that the private sector may slow a little due to rising rates and availability to capital, but that is coming off huge expansions. Unless rates really spike, I expect it to continue at a slower pace.

If there is another meltdown, it will have to originate somewhere else and IMHO be the result of some type of systemic bank failure – or something else- that spreads to the US.

I don’t see it. War seems to be on the shelf a bit with Trump, but it’s not that war matters to gold anyway.

All systems are go for the US IMHO.

http://www.shtfplan.com

Guess why? They must know a slowdown will pup up, so they are raising them, so they can lower them later for a psychological boost. 🙂

Been with them many years.  No problem.  Via the telephone prompt and answered any questions I might have.  Had some dental work done (implants) and needed some funds. Had the dollars transferred to my bank account in 24 hours.

While scanning toys I ran into this.
No matter the economy isn’t looking as bad with doom and gloom they still don’t get it. It’s called Fuzzu Donald’s play house. Fuzzu? Making it look like he eats kids. Almost funny. Add it to Donald’s memorabilia.

Have to agree with Buygold. Business will just try to act on what’s best for them to survive currency values or crisis by economically cluless politicians.
Plus China manipulates and Euro a ongoing concern that could emplode.Like a zombie acpolapse over there. Letting in all these economic zombies destroying cities while accumulating debt a failing EURO and when these countries finally had enough it might look like Zimbabwe.
Where is money going to go? Even China not trusting their currency buying up parts of America and Canada.