Loading ...Wow good for the Boston Herald! Darn rare to see the truth in the MSM.
Silverngold
Lots of out things are made in China including military equipment and vaccines. They are currently suing think it’s AMD over its intellectual property China stole from them over rights now. Suing them for something they stole from them. One of the techs anyways which they also target Silicon Valley. Unbelievable. The steel one of the. Ridges were made from their steel think it was the bay bridge they had to go way out of budget to fix.
Goldcountry – yes
“Trump’s unorthodox presidency has been a great gift.”
The cabinet – especially Sessions has been a great disappointment, but all in all, Trump has done a great job despite being attacked by the swamp from all sides.
One good thing to happy about despite the endless suckitude of pm’s.
Maddog
“I hope he is right..but if true this has to be the 1st corner in history where prices went down !!!!!”
LOL Hopefully this is a temporary phenomena … the slide before liftoff so to speak. The specs are certainly getting short silver and gold … I guess that’s a good thing, if the commercials can go to the long side.
“10s at 3%” That’s just the free market at work. The PPT is free to do whatever they want!
Ipsofacto
re Silver Corner…
I hope he is right..but if true this has to be the 1st corner in history where prices went down !!!!!
Same story about JPM…yes they take delivery, but no-one knows what happens then…it could be for a client, or many clients, it could be swapped into London against longs there…all we know is that despite their buying, the scum sell unlimited paper with impunity….and the price is thus capped.
But tks for the info…..
PS re the Rig…notice how despite the treasury admitting it’s borrowing requirements are exploding…as forecast elsewhere, ‘someone’ is sitting on the 10’s at 3.00 %…u can have as much as u want at 3 % !!!!!!
Genuine journalism from the Boston Herald
“But then, we were never supposed to know any of this.
Hillary Clinton was supposed to win. No one would know the FBI “investigation” into her violations of federal statutes was a foregone conclusion that would exonerate her. No one would know that members of the FBI and the DOJ were using their government powers to attack and discredit the man who wasn’t “supposed” to win, but did.
Trump’s unorthodox presidency has been a great gift. It has exposed the corruption in our government, and the betrayal of the American public by so much of the press.”
http://www.bostonherald.com/opinion/op_ed/2018/07/fisa_documents_reveal_fbi_collusion?amp
December Comex Gold
Open interest has risen sharply while the market consolidates between $1220. and $1240. History tells us a sharp move is coming on the breakout. I hope it is up !!!
rno
Buygold–most comments today say that the FED announcement should be a yawn…”The Fed, meanwhile, was meeting Wednesday and was not expected to take action,”
My JNUG AUG 3 $13 call I bailed on Monday for 9 cents is now bid 3/4
******************************************************
Interest rates zipping higher even before Fed announcement
- U.S. interest rates are moving higher because the U.S. government is expected to take on more longer-term debt, and global central banks are stepping back from some of the easy policies adopted in the financial crisis.
- The widely-watched 10-year benchmark Treasury yield jumped through 3 percent for the first time since June 13, on a combination of factors, including stronger ADP jobs data, an announcement on Treasury borrowing needs and signs the Bank of Japan may be tweaking its policy.
- The Fed, meanwhile, was meeting Wednesday and was not expected to take action, but analysts expect the 10-year to remain on an upward trajectory at least to Friday’s government jobs report.
Published 20 Mins Ago
Hi Alex
I’d like to think somebody was hoarding with the intention of seeing much higher prices. The scary part about JPM is that since they are essentially a gov’t entity, they can also dump all that metal on the market.
Buygold – maybe silver is down…
Because JPM wants more and wants it cheap – just issue a few lowball futures contracts and then scoop up the physical metal the next day . If they are buying and hoarding , we should be doing the same , probably . The problem is , we have to buy with a premium added . Shanghai is paying about a dollar an ounce more than our market bid .
Well
I guess I’d almost rather have us down like we are prior to the Fed announcement and see us spring back to life after they do their thing.
Can’t figure out why silver has been in the shitter to the extent it has been.
Who Knows
Someone Is Cornering The Silver Market To Cause A Silver Shortage: COMEX Rule 589 Coming Soon?
This is the country that needs sanctions …
South Africa to change constitution to legalize taking away white farmers’ land
South African President Cyril Ramaphosa has said the ruling African National Congress must initiate a parliamentary process to enshrine in the constitution a proposed amendment, paving the way for land grabs without compensation.
Ramaphosa, who vowed to return the lands owned by the white farmers since the 1600s to the country’s black population after he assumed office in February this year, said on Tuesday that the ANC would introduce a constitutional amendment in parliament.
‘They want us all to leave’: South African farmer wants to move to Russia, change name to Ivan
“The ANC will through the parliamentary process finalize the proposed amendment to the constitution that outlines more clearly the conditions under which expropriation of land without compensation can be effected,” Ramaphosa, a prominent trade union leader and a close associate of Nelson Mandela, said in a televised address on Tuesday.
https://www.rt.com/news/434784-south-africa-amendemnt-land-expropriation/
Have seasonals worked or been in play
for the last several years? I’m asking, I have no idea.
Seems like the strongest periods have been in late Dec. early Jan. for a few weeks and that’s about all we’ve had.
Another day, another down open.
Cramer’s charts suggest gold could be nearing a bottom
Let’s put it this way: all signs are “go” for a launch…if gold can’t make a move here & now-[during its seasonally strongest month]- then it’s finished for all time…
and welcome to the digital age & a cashless world
