Loading ...So there is no more need for gold–all the world financial systems “problems” will soon be rseolved
So far the low in gold is above yesterday’s which was above Friday’s low
So I’d rather be sitting on my meager stash , than sitting on a bankster’s mortgage for his estate in the Hampton’s . ( Not that Washington won’t bail him out as I starve when TSHTF ).
A word about the Swiss – a proud and disciplined nation
I spent most of 1962 and early 1963 there , in a small town in the Canton of Vaud .
Every young man goes (went) into the military for training and is (was) issued a weapon for life.
His military gear had to be kept at home in readiness , so that the entire country could be mobilized in an hour or two . Each year they would spend two or three weeks in exercises .
( I will never forget flying down a long hill on my bicycle on a country road – probably at 40-50 mph and almost wrecked when I was startled by a group of camouflaged soldiers and a netted anti-aircraft gun just a foot or two off my path that I had not seen until I heard their voices next to me .)
It is the oldest , and probably most stable confederation on Earth.
There are four languages and cultures in Switzerland – German , French , Italian and Romansch , but they are cohesive , not divided .
When I lived there , the exchange rate was 4 FS per dollar . Now 0.99 FS per dollar .
The last time I drove on their excellent autoroutes , I noticed circles in the pavement at the entrance and exits of tunnels . They are pop up pylons , likely hydraulically operated remotely to close off all the major highways into the country to thwart invasion .
During WWII , they struck a deal with Hitler to remain neutral , but allow safe passage of troop trains to France or Italy on condition that they NEVER stop on Swiss lands . If a train stopped or broke down the transported troops would be annihilated .
The Swiss are slow to warm up to you , but once a friend , they are a friend for life .
CDE-last trade 4.18–I wonder if it could get to 4.31 in 2 weeks? I’ll take. that bet…[just printed 4.21]
| Filled | Buy to Open | 300 | CDE Jul 19 2019 4.0 Call | Limit | 0.31 | — | —
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Morning Ipso, Maddog
Ipso – $20 silver seems so far away, although we’ve seen some really fast moves in the past. Hope we see one of those pretty soon.
Maddog – yep, seems $1400 is a thing of the distant past if the scum has their way – which they usually do. USD seems to be getting some follow-thru to Friday’s strength despite rates falling a bit.
Hard to figure what gold correlates with anymore these days.
scum have had enough of $1400 Gold
relentless selling going on.
Who else but the scum just sells and sells and sells….
Good Morning Buygold
I’m looking forward to seeing Impact’s share price with silver at $20. Could be spectacular! 🙂
Willem Middelkoop
Unconfirmed:
As with the ASX gold stocks on Friday 26 April some North American gold stocks put on a 3-10% spurt. Something is happening.
Rumours are suggesting a large central bank order is soaking up significant
amounts of physical metal from the London market and from COMEX.
Morning Ipso, Equisetum
Our little Impact Silver is sneaking up a little higher again this morning.
Nothing too crazy but a penny on a $.20 stock is still good for 5%
Is This Bankruptcy in Slow Motion?
“The Deutsche Bank As You Know It Is No More”: DB Exits Equities In $8.4 Billion Overhaul, To Fire Thousands
So much for SM down, gold up theory
the scum fixed that in a matter of minutes
R6 – Maybe…
You’ll get your weak SM day today and have a chance to see what gold will do.
SM just doesn’t seem to have the gusto this am – at least early – to come roaring back, but we know how that goes…
Morning Maddog – Ten yr. now down to 2.02%
They’ve still got a pretty good cap on our gold though, those couple of bucks at the Crimex open have been chipped away – par for the course I suppose.
I find what’s happened in Europe to be extremely sad, talk about castrating a population and then injecting it with testosterone from another continent. Unbelievable.
The Gov’ts in the US, UK and EU have brainwashed the male population to be in such fear through the fear box (TV) it provides for R640’s weak male population. God help the US if there were ever to be a full scale invasion.
It’s so hard to overcome when it’s been taught since birth…..
Morning Buygold
Darn right about the EU….they are currently trying to take on the Swiss…..
A Fortress, Disguised As A Country
https://www.zerohedge.com/news/2019-07-07/dont-mess-swiss
They built not only Forts in the Mountains, but whole Airfields, with Runways inside !!!!!!
Maybe the Gold move ain’t just easy money/Mad Money Theory
Gold broke out right about the time that the protests in Hong Kong started, which are not just about the new extradition laws, they are about beiing hacked off with China generally, especially so since Xi announced he was Emperor for life.
Gold is a favoured investment by the government in China and is the one way u can protect your wealth, against bad times…..
Something big is taking the scum on …. If they bought 1 ounce each, that is 43,750 tonnes, 7750 tonnes more than is held by all the CB’s
Editors note That’s Big
Crimex opens
to a couple of bucks worth of short covering. Better than a couple buck drop.
Maddog–damm right! I was in sweden in the 60s and in 1972, I bought a Volvo. at the factory there
I spent 3 weeks there–it. WAS a paradise…the only REAL Men left in europe are in the east–Russia first of all–then Hungary…they have NO problem with migrants cause they would beat the lving sh*t out of any of them that misbehaved…no namby-pamby soy-boy leaders there–PUTIN ROCKS!
Morning Maddog
It’s inexplicable what devastation the devils from the unelected EU have done to those countries in Europe.
If there were ever a pre-planned mission to destroy once proud countries, the EU was it.
Really sad stuff.
Richard640
Re Sweden
40 years ago it was the hardest country to get into anywhere,(unless bu were a German army on its way to invade Norway) and was a paradise on earth. Then it joined the EU and it has been down hill ever since.
Morning R6
Yep. Up a few beans even with the USD up a smidge. Seems more important though that the 10 yr. rates are down from 2.06% to just over 2.03%.
Almost as if rates matter more to the price of pm’s than anything else these days.
Glad to see gold fight its way back above $1400
Peck! Peck! Chipping away at G&S…but. they are holding up nicely so far–Could there be a miracle today?
Could stocks actually log a down day? Sell stocks?? Where would all that money go?
When Japan crashed in the late 80s, trillions of dollars worth of yen. went into low yielding Japanese bonds–the people didn’t give a crap about return on capital–all they worried about was return OF capital and safety…and the public stayed out of the stock market for 20 years…and many. are still out–that’s why the government is the sole support of stocks in Japan
So the public will exit stocks if confidence is shaken
what I would like to see today is stocks sell off a lot and gold gain a lot…that didn’t happen in 2008…but I have said for years gold will not repeat its 2008 performance…should be an. interesting week
P.S.
Interesting how Europe is trying to put on a cheery, bluff and hearty front…what with the ongoing TOTAL DISASTER of Deutche Bank…the DAX is only down a ludicrous 24 pts…
I like that silver is participating today…don’t you?
This. is where the “feminization of the american male”-so often noted by me and others-will soon lead. the U.S.=
This has all happened under the watch of a “feminist government” that has opened the borders to mass immigration like never before.”Get Used To It” –
Sweden Is Experiencing A “Small Scale War”
The crime of robberies against children and sexual violence has also risen, with a third of young women reporting they feel unsafe going out at night
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This has all happened under the watch of a “feminist government” that has opened the borders to mass immigration like never before.
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A sprawling and generous welfare system has also failed to deter migrants from turning to crime, while light punishments have also incentivized criminal behavior.
Meanwhile, head of the Swedish Security Service (Säpo) Anders Thornberg has told Swedes that they better get used to the current conditions.
Speaking of the current wave of shootings and violent crime across the country, Thornberg warned, “this can continue for five to ten years.”