Loading ...What I remember although it was fragments because I focused on charts and for a few years gold never breached the 150 ma and other indicators although it did move up from the 140. What I remember if euro moved gold could, while it was moving up especially after summer starting in September then the Yen. I stopped following the euro but should have shorted it after it reversed.
Mr Copper
I started while still in high school at 1:60. When I moved on my own after the first year of hell us girls shared apts. That way we could afford a nicer place two pools one indoor a jacuzzi, all that and still have money to eat lol plus a bit of safety as a young female living alone vs roommates. Some protection as more eyes anyway. At 19 I remember waking up to a hispanic guy trying to break in and ran to close my roommates window who was asleep. Then ran to get a weapon and her door automatically started to close and moving so fast ran right into it knocking me to the floor and felt like I just broke a rib. I’m thinking man I can’t get up now just my luck so got up anyways.
Your apt now 1600. See the insanity with housing? 1600 a month, a weeks pay would be with work hangover let’s see lol 1600• 4.3 is 6,880 a month! Then the media wonders why so many homeless.
Even if you have a lot of equity in your home you can still be house poor less you sell and move to a cheaper area or do a reverse mortgage and steal your kids if you have them inheritance. Many whites anyways worked to give their kids a inheritance be the farm or home. The Fed stole many heirs inheritance in 08 housing crash due to greed and there desperate mismanagement of a reason due to jobs going south because of them while continuing unfair trade and trade deals like NAFTA.
Same with medical we could pay cash for anything non catastrophic.
You got a 1600 rent and with a kid are paying 900 month or more for medical insurance less you opt for a high deductible and will either be short of cash if you need it or wind up paying the same.
Democrats just screwed that up big time.
Now they want to fix the mess they made.
Like that saying if you go see a movie and it’s horrible are you going to go back to part two.
So how much of your weekly pay be if you add insurance.
1600 plus 900 is 2500 so times 4.3 that’s 10,750 mo.
Venezuela here we come.
Richard, shopping?
About the only changes made in my miners since the last run in 2003,4 has been to get some Goliath Resources. My niece heard from somebody inside that it should go to 2-4 bucks by August. Guess we are a little late here, but still hoping. Got some at 8 up to 14 cents, so I can’t complain; today it’s at 18, but nowhere near the promise.
I like your options moves. Have been learning a little about them but not comfortable to go looking for them on my own. Good luck tomorrow.
eeos @ 15:33 on September 10, 2018 ………… I think a Picture is worth a Thousand Words
Gold ‘mother lode’ unearthed underground in Kambalda delivers $15 million in just four days
Updated
Underground miners in outback Western Australia have unearthed rare gold specimens which geologists are calling a “once-in-a-lifetime discovery”.
Workers at the Beta Hunt mine near the small town of Kambalda, 630 kilometres east of Perth, have brought more than $15 million worth of gold specimens to the surface in just four days.
The gold-encrusted rocks were found about 500 metres below the surface in an area just three metres wide and three metres high.
The largest specimen weighs in at 90 kilograms and took three men to lift it onto the back of a ute.
The quartz rock is covered in an estimated 2,300 ounces of gold worth about $3.8 million at today’s gold price.
Another 60kg specimen is estimated to contain 1,600 ounces, or about $2.6 million in gold.
Senior geologist Zaf Thanos said in most mines around the world it is only possible to see gold through a magnifying glass.
“You might go your whole life and you’ll never see anything like it. It’s definitely a once-in-a-lifetime discovery,” he said.
“As a geologist, like I said, you get excited by a pinhead speck. But to see something on this scale is just phenomenal.
“This sort of bonanza zone is incredibly unique.”
The rich cluster of high-grade gold has so far produced more than 9,000 ounces.
‘I’ve never seen anything like this’: miner
Kambalda miner Henry Dole is credited with the discovery, describing it as hitting the “mother lode”.
Mr Dole had drilled holes into the wall of the mine and planted explosives which were fired once he was safely on the surface.
When he came back to the same area for his next shift, Mr Dole thought it was business as usual.
“Everything was covered in dust, and as I watered the dirt down there was just gold everywhere, as far as you could see,” he said.
“I’ve been an airleg miner for 16 years. Never in my life have I ever seen anything like this.
“There was chunks of gold in the face, on the ground, truly unique I reckon.
“I nearly fell over looking at it … we were picking it up for hours.”
goldielocks @ 14:55 Good Points
In the beginning after high school in ’62 we all lived at home a couple of years. Plus we were always working over time, over 40 hrs. Paid room and board and bought a new 1963 car about $68/mo. By 1965 my first rental was a waterfront back yard garage cottage for $68/month. ($1.75/hr)
Soon after got a real nice apt for $125/mo ($2/hr) including the heating. By 1967 $2.50/hr, then I quit and got a new job at $3.35/hr to start. Bought a new car again $2840 new ’69 Camaro. In ’72 a new Winner boat 18 ft.
That was my last real job, lasted to 1975, I was up to $5.50/hr. Old pay stub from 5/11/74 in front of me. 39 hrs. at $5.50/hr. $214 Gross pay, net pay $169/week. Rent was still pretty low, maybe $150? Landlord never raised it much. Same apt today about $1600. Went to self employment after ’75. Manufacturing headwinds starting. Soon after my savings were up to $40,000, enough to buy a house cash in my area.
After 1975 I was all down hill. I should have NEVER stayed with self employed manufacturing. No steady pay, 30-60-90 days late, no sick days no holidays, no medical etc. I should have got a job at the school, public works debt, parks dept. etc. Me and the manufacturing companies I worked for got sold out by the gov’t we paid taxes to.
Mr Cooper 14:21
In 1967 the average rent was 125 a month.
I remember my mom saying you shouldn’t spend more than a weeks pay for housing and starting out at minimum wage I’m thinking yeas if you want to live in the ghetto.
At 1.40 a hour that’s only at 40 hours
A week 56 dollars before taxes.
That means in 1967 you’d still not making enough for that 125 a month average apt. It’s costs are more that two weeks pay minus work expenses and taxes.
So housing costs have always been a issue in our working years for minimum wage but just getting worse to the point of unaffordable I’m some areas.
Given there are other issues too like gas which has a effect on other consumer costs but can be controlled to a point anyways where housing cost can’t be cut down on. Sometime that control can be dangerous. My youngest daughter bought a motorcycle for instance as fun but cheaper on gas. While pregnant with her while driving a bike a guy turning was looking the other way turning ran right into me. I quickly stood up on the bike and jumped on impact putting me on the hood of his truck escaped with bruises but the bike got crunched. Her dad riding s bigger one a Harley got hit wound up breaking all the bones in his legs and feet. So I worry. Same with those forced to live in higher crime areas.
Ororeef 11:49
Maybe she believes in Cher a law instead.
@Goldilocks
When I got out of high school, the minimum wage was $1.40/hr. ($26 in todays money) It didn’t matter if you were a man or a woman. t didn’t matter if you flipped burgers at McDonalds or worked hard for the electric company. My friend Steve started a $1.40 as a starter lineman. I was unloading and stocking stuff at the plumbing supply near by, same wage.
Shortly after I landed a union job in manufacturing making $2.40/hr. I was SWIMMING in money. My bottom line for the entire artificial system is the starter wages are too low FOR this artificial system. They established a standard wage in 1937 but neglected to up grade it with the cost of living. same with Social Security.
Globally, society gov’t and businesses HAVE to put an “artificially” higher “value” on starting wages where they are EARNED. Not a blanket national all state number. The “cost” of labor should be no different than car insurance prices or electric prices. Different in every county. You HAVE to pay the COST is in that area.
If Joe Sixpack needs $1400/mo for an apartment, he needs $1400/week. $600/mo $600/week etc to live modestly. You seem to be describing what is. The problems and symptoms and complaints, and why this and why that.
I’m describing what WAS, and how to get back there, problem solving.
NY Muslim sworn in with the Koran. Sounds like a conflict of interest.
It does not believe all men ” or woman ” are created equal with equal rights.
Their religion is there politics where ours there is a separation of religion and politics.
For that reason the oath should be taken on our constitution and a oath that acknowledges that you swear to abide by our constitution or be impeached. That your either interpret the law based on the constitution or you don’t qualify for the job.
Other wise taking the oath on a bible if your not a Christian means nothing especially since much of the constitution reflects on Judeo and Christians even American Indian and what made America great in the first place.
http://conservatives-together.net/are-you-ok-with-a-muslim-judge-being-sworn-in-with-a-koran
If You’re Getting Bored While Waiting For AU AG Miners, And Want To See Some Green, Think About Cannabis Related Stocks
I made a few bucks with them in 2017. Then they went into correction for a while, and made an up-side break-out recently. I bought three and 2 out of my 3 are up. I’ll provide symbols if wanted.
Mr Copper
Higher paying jobs were usually” male dominated ” for right out of high school jobs. They were blue collar while pink or purple or grey where physical required collar were considered a second income as a “excuse” for paying lower wages.
They were the mill jobs, the factory jobs, mechanic jobs, the construction jobs, even real estate or police and fire, oil field , fishing, maintenance, waste disposal, instillation and other physical work. Many of those jobs are gone, depleted, or taken over given to illegals.
Now the blue collar is dealing with the same wage cheating as the pink collar has been suffering while doing the same amount of work just different with for decades. For many woman nothing new to them with low wages while company getting rich other than it stole their right or choice to stay home with the kids because now they really need a second income or with the increasing rate of single parents or just staying single , only income.
It’s not just wages, the greed of other things shouldn’t shift the blame on just employers to make up the difference to their greed.
Why for instance should you pay 250 thousand or for a 950 square foot house in some cities or more? Why in those same cities should you pay 1200-1600 month for a 750 sq ft apt??!!! That’s greed and no attention to it just shifted to wages.
When will attention to it start? When it’ 2000 a month and homelessness is more fashionable then buying or renting??!!
Not to mention taxes, cable and utilities going up??
If it’s about population why aren’t they doing anything about lowering immigration numbers?
It’s al about the stock market investors ignoring the problem THEY’RE creating.
Richard the eagle 12:14
So it doesn’t matter if gold is up or down a few bucks either way just if Jung is down 3-8% at the same time. And I thought I used to watch this stuff close. But but ., then I used to watch a lot of stuff at the same time lol It was fun but after the last slow takes down it stopped being fun it would of been easier to just go short and forgetabout it which was something I didn’t think wise to chance usually but that was like a KFS given but still didn’t do it. Now it’s worse, not going in a straight line but shake outs either way.
Go Richard
early tomorrow
KER-PLOP! JNUG and everything else gold just dropped to new lows-this is setting up and RL640 buy signal for a scalp…
when JNUG is dow 3%–5%–or sometimes [I “seen” it] 8% and gold is up or down just a few bucks…a bounce usually happens the next day…almost never late in the same day….with hawk like attention, I await from my aerie perch…ready to swoop down…
If Consumer Spending Is 70% of the Economy? A Higher Stock Market and or Real Estate Market Won’t Help Highschool Graduates
A Higher Stock Market and or Real Estate Market Won’t Help Highschool Graduates 18 years old get higher starting pay and contribute to the economy. These are the ONLY people that need things because they already have nothing.
Real estate and stock and bond market owners already HAVE everything they need. They won’t be spending much into the economy. In fact, most of them just keep adding funds into their Stock Market and or Real Estate Market investments. Eh??
If I know this TPTB should know this. And if they do know this (higher starting wage needed) and not doing anything about it? That means the “boss” is TPTB, and he’s greedy cheap skate. Or has a business model that only works for below value wages.
If they don’t know what I know? That would be hard to believe and they should get another job.
A repost:Here and all over the internet, they say there will never be another stock crash as long as CBs can create money out of thin air….well, it’s true
[they tried a free market-then came 2000 and 2008–they ain’t gonna let it happen again–EVERYTHING–especially pensions-depends on the stock mkt today]-Argentina? Greece? Cyprus? Italy? No problem-just print up a batch of bonds–
[.and to this we can add there will never be another bull mkt. in gold]
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Argentina Secures $50 Billion in IMF Backing to Bolster Economy
June 7, 2018, 7:02 PM EDT
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Loan to Argentina ranks as one of the largest in IMF history
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Country will target fiscal deficit at 1.3% of GDP in 2019
High Flyer of the day … RNX.TO
New Discovery Yields 9,000 ounces of High Grade Coarse Gold from Single Cut at Beta Hunt Mine
https://finance.yahoo.com/news/discovery-yields-9-000-ounces-232000716.html
Fig. 1: 95 kg specimen stone (containing an estimated 2,440 ounces) and a 63kg specimen stone (containing estimated 1,620 ounces) recovered from the 15 level at Beta Hunt mine (CNW Group/RNC Minerals)
Richard and Buygold
Yes, it is seemingly the same pattern everyday. The metals are strong overnight, open on their highs and then sell off. It’s almost as if the knowledge that the algobots are in control is equivalent to the “Bernanke ( or Yellen) put”, when it comes to equities.
Its almost a subconscious thought on money managers minds that any downside blip will be met with intervention and manipulation. What can be done about changing this pattern? I don’t have the answer, although I do think it will take some sort of monumental breach of trust in our government and what it stands for.