Loading ...A little something for the train man too…
The Trumpster made me do it…
Live from NY starring Schumer & Pelosi
ITS SATURDAY NIGHT LIVE ! They are the JOKE !
Widely Held Opinions Are Generally Wrong, If A Reversal Of The Past Is Unfolding, The
The US Dollar may GAIN value as the Federal Reserve Notes lose value. Keep in mind, The US Gov’t has $50, Fifty Dollars, embossed on US currency, Gold Eagles.
Re The Falling Value Of US Dollars After Converted To Federal Reserve Notes
A loaf of bread in 1950 was 12 cents. $1 bought 8 loaves of bread. Today?? $1 buys only 4 SLICES of bread. And the stupid Fed Note system has that $1 broken up to 100 parts, pennies. So in reality, the smallest denomination ONE penny is equal to 4 slices of bread cut up into 100 parts.
The smallest denomination these days should be ONE US Dollar. .49 cents go down, .51 cents go up to the nearest dollar. That’s two slices of bread value up or down.
Richard
Look that chart starting at 2012 to 2013 line, you see a M pattern. It dropped below the M pattern then went down. M patterns can be like double tops and bearish if starts dropping below the M it made.
Then you see another one Mid 13 to end of 2014 then dropped below again continuing down.
It started again in 2016 making the first part in 2016 to 2017, making the other part of the M top in 2018. Then it started down again but this time didn’t go to the bottom of a M formation. That doesn’t mean it could later but something to keep a eye on if you play both ways and short,
There’s different ways to see charts close up or farther away but farther away you can see the bigger picture to decide what your gonna do with the close up picture.
Tanzania names latest mining minister in ongoing industry clash
DAR ES SALAAM (Reuters) – Tanzania named a new mining minister on Tuesday amid a prolonged spat between the government and gold producer Acacia over a $190 billion tax bill, which has severely limited the London-listed company’s operations in the East African nation.
Richard
Right seems to be making ever so slow slight higher lows. Never know just a pattern with 100-200 gains then back down. It’s like they’re saying we’ll will give them a little steady income if they can recognize support levels they can get innand nervously sell the small gains. Pretty soon we’ll train them to sell themselves lol This time don’t think they got as much sellers as they wanted. Actually they wouldn’t be too bad if you could just make steady income on the S patterns lol
You see the sideways movement in the lSt years without trying to analyze the candles when you don’t really have time to analyze every move.
I don’t think this will go over very well …
South Korea court approves seizure of some of Nippon Steel’s assets: Yonhap
SEOUL (Reuters) – A South Korean court on Tuesday approved a request by plaintiffs in a wartime forced labor case to seize part of the local assets of Japan’s Nippon Steel & Sumitomo Metal Corp, Yonhap News Agency said, citing a court official.
Goldi–right u r-!! nice recovery in the HUI, JNUG etc-now let’s see if they can hold the recovery…
and, dare I say, actually build gains?
Richard 10:59
In short it’s running side ways making small S patterns.
The great Mike Ballinger generously shares his wisdom garnered from 40+ years in the PM field.
- NOV. 7th–2019—Gold and Silver action: I elected to use the chart from investing.com because it gives a better “effect” to the lockdown that is occurring in gold since Stevie Mnuchin decided to mobilize the Working Group on Capital Markets just before Christmas. We have watched the USD trade inverse to gold since September when the index moved up along with gold until mid-December. It then decoupled and gold continued to rally as the USD sank. Here in 2019 for some “ungodly” reason, the USD craters for four consecutive sessions, the last two of which includes two gold sell-offs. This is why one can NEVER assume that there has occurred any semblance of regime change in the metals. Friday and today involved the bullion bank behemoths rejecting $1,300 gold and $16.00 silver in order to cast an unflattering aura of technical resistance in favour of stocks and the “risk-on” trade. I need a big turnaround fast to keep me from dumping the remaining GLD calls and selected profit-bearing miners.
In the Globex market, silver is down another $.13 so I may be looking at buying back the silver calls which I sold on Thursday Jan 4th with RSI above 75 once again confirming that while not exactly perfect, the RSI above 75 is virtually unstoppable as a sell signal, at least in the very short term.
January 3rd Tweet:
Michael Ballanger? @MiningJunkie Jan 3
More
The RSI for the SLV just tapped in at 76.42 so with the market charging, I shall take profits on the April $13 calls @ $1.93 and look to re-enter on a pullback next week…90% return since November and up 11.56% since yesterday…
But they can’t figure out why. Hum
VAX hacks tried to call it environmental but nothing common could be found in all areas ” except vaccines.” Then tried to say that well there’s better diagnosing now than then. When I asked them if that’s true why haven’t their parents or any others not mass vaccinated not since been diagnosed. They couldn’t answer that either. Instead they’ll block you and delete any contrary information or argument that doesn’t go along with their propaganda.
https://www.haaretz.com/israel-news/.premium-israel-sees-12-fold-increase-in-autistic-children-in-special-ed-since-2000-1.6805982?fbclid=IwAR2s4I0A2duK2oJVx5_QG8goiATh43OFLFvWmPXEHz4DcC5XTJ24U9HniQA
Israel Sees 12 Fold Increase in Autistic Children in Special Ed Since 2000
https://www.haaretz.com
Maya
Lol me too but went back and forth. Walked home after staying after school for cheerleading practice one day it was 50 below zero with wind shear. We had to wear dresses in those days. I got colder and colder on every step. Normally out there people would pick you up. Even a school bus from a elementary school stoped to pick me up once but no one one was out that day. Just me and the snow and ice and silence. Dead silent. During the age your still invincible it reminded me you weren’t and earth could easily absorb you and turn you into a snow ball.
Build that wall! Deport illegals-establish a re-education Gulag for leftists in Montana and’or N. Dakota
Anyway, all this is beginning to fade into the background. The state is still here. The nation is still here. The idea of republic is still here. Orbán represents a return to the reality principle, towards a world based on the realities of states and nations, rather than the fashions of the Davos set.
Bershidsky also writes:
Europe may be wise to finance the experiments of Orban and other nationalist governments, such as the one in Poland, just to see how their results hold up next to neighboring countries’ more orthodox policies. As long as the nationalists don’t engage in gross macroeconomic and fiscal mismanagement — and with Orban, that hasn’t been a danger — it’s useful to watch different models implemented rather than imagined by academics. Europe, with its diverse governments, provides a unique opportunity for policy competition and comparison. Orban’s experience is relevant to Trump’s U.S., too: Some of his methods might just work there if the Republicans get up the courage to try them.https://www.zerohedge.com/news/2019-01-07/orbanomics-or-return-national-economics
Snow Train
Boston Bar, BC in winter. But the Super Continental
must go through.
http://railpictures.net/photo/681718/
Alex
I grew up in Wisconsin. I know that of which you speak… all of it!
