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scum just ran the nearby Short Dollar stops, in hope of saving their beloved SM……..for no other reason I can see and of course hit PM’s who it looks like just said Tks
Struggling Nautilus Minerals, one of the world’s first companies to plan on mining the seafloor, will soon join a long list of companies that have failed at attempts to extract minerals in remote places, as its creditors have voted this week in favour of liquidating the company.
The Canadian firm, which tried for years to fully develop its Solwara 1 gold, copper and silver project off the coast of Papua Guinea, faced relentless community opposition, culminating in legal action and public appeals to the government.
CNN anchor Chris Cuomo, who was filmed melting down and threatening violence after a stranger called him “Fredo,” previously referred to himself as the inept character from “The Godfather.”
In a January 2010 interview with Curtis Sliwa on AM 970, Cuomo was questioned about his brother, New York Gov. Andrew Cuomo, and his optimism to run for governor of the state as a Democrat.
In the interview, Sliwa said he had nicknamed the family “la Cuomo nostra.”
“There is a group of people – politicos – who always hint they might run, but not necessarily plunge all the way, and they are members of la Cuomo,” Sliwa stated.
“Who am I then, Fredo?” Cuomo asked Sliwa in response.
“Yes, exactly,” Sliwa affirmed. “So you better be careful that your brother Andrew doesn’t kiss you on both cheeks and then all of a sudden they take you out on the middle of the lake and where’s Chris?”
“He kisses me plenty because he’s a great big brother,” Cuomo told Sliwa.
Monday night, a video surfaced which showed the CNN anchor losing his cool on an individual who referred to him as “Fredo” – a nickname popularized by Breitbart News’s John Nolte.
Yeah, I suppose he could try to tweet out some happy trade talk but he’s got some bigger problems today. He’s got the bond market up in his grill and Europe getting trashed. Don’t know how he’s gonna save Europe.
Saw him on TV this am talking about how he delayed the tariffs on electronics to “save Christmas” whatever.
I’ll look forward to the day we get $100 and $2 rallies.
Indian teenager “Akash” wanted a Jaguar for his birthday. When he got a BMW instead, he allegedly pushed the vehicle into a river.
Akash told his parents that the vehicle was too small for him and his friends. He retaliated by sending the car into a current in a Yamunanagar, Haryana state, waterway. It took a crane to retrieve it. The boy’s father was in shock; “I wanted to give my son a birthday present,” he said.
“We could only afford to give him a BMW, while he kept on insisting that he be given a Jaguar,” he continued. “He said the vehicle was too small but we thought he will be okay. We never imagined he would do anything like this.”
“The youth was arrogant and kept insisting that he be given a Jaguar as a BMW is a little small for him and his friends inside,” authorities said. “We would do a preliminary investigation but this seems to be a personal matter. We will proceed according to the law.”
Next year, they might want to consider a bus pass.
IMHO it ain’t these trade talks that are driving PM’s….It’s HK and Kashmir as well and they are taking physical, which is why the scum are having such a hard time..
If the buying is large enough, then Far East Dealers, pass it on to London, who will again pass it on to New York, if still not filled. Dealers know the scum are out there and will hit the mkt…so will hold back on buying and let the scum sell to them……however what seems to be happening now, is that not even the scum will fill the buying, which is why we see the mkts bounce back, after scum hits.
Plus knocking prices now, could well be counter productive, as all it does is get buyers to jump in and take even more physical off the mkt.
We. had an episode like this a number of weeks ago: a big down day followed by an equally big reversal day
This is very bullish action. and, again, confirms that gold is in a bull market
I heard an analyst on Bloomberg. yesterday—not a gold bug—saying he thought gold could possibly. “do a bitcoin”…with a rapid acceleration in price…maybe. that’s what the Cartel is so. worried. about
I’m glad my gloomy view was wrong…nice to see silver participating today
The Western Pacific rolls thru the
feather river canyon. https://railpictures.net/photo/703501/
Bonus Question: There were five US
railroads with ‘Pacific’ in their names.
Can you name them?
Meanwhile, unlike years past, it will be a surprise here if gold and silver fall apart from present levels. That does not mean we won’t get some more corrective activity, but corrections have not lasted in the gold market for the last three months. This one ought to be short-lived too.
Even this afternoon, gold plunged $5 from its Comex close in the Access Market, only to come right back to unchanged … only to be knocked down again below $1500. What a battle!
The shares, which have had some run, were crushed early, but came back nicely, cutting their early losses. The XAU fell 1.62 to 93.26. =
Filled Buy to Open 200 TBF Mar 20 2020 21.0 Call Limit 0.15 — — 09:44:22 08/13/19–ProShares Short 20+ Year Treasury (TBF)
Have you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.
If you check out yesterday’s postyou’ll see proof that the 2018 NFTRHview that people should tune out the bond experts instructing BOND BEAR MARKET!! was 100% on target.
But today the din is coming from the opposite pole. Everywhere you look on the financial websites it’s now about tanking yields, decelerating growth, trade war damage and deflation. Here is the 30 year bond yield (TYX), which is front and center in this hysteria (click the charts below for the clearest view). That is one impulsive looking drop.
But just as we warned that the precious metals move was a “launch”(not a blow off as some were calling it) in June because it was at the beginning rather than the end of an extended move, we note that TYX is impulsively dropping into a potential climax. Everybody is on the opposite side of the boat they were on in H2 2018. That would be the BOND BEAR MARKET!! side of the boat with experts Gross, Gundlach and company.
Now amidst the current Armageddon (the SPX is after all down a whole 4% from its all-time high, he said sarcastically) backdrop it’s all BOND BULL MARKET!!all the time.
Wash…
Rinse…
Repeat… the herds never catch on because they are the herds. They follow. Always.
While it does not always work this way, since gold often plays well with inflation and bonds do not, during this slight global economic growth contraction gold has acted as have Treasury bonds in almost perfect sync. Here, check out the daily chart of the yield and gold.
The green dashed lines on this weekly chart show phases where gold and 30yr yields were mostly correlated, which meant that gold and Treasury bonds were not. That relationship is violently interrupted on this cycle of fear, loathing and Armageddon obsession.
But maybe this IS the big one (Elizabeth!). The Continuum has declined to the lows reached during the NIRP hysteria back in 2016 and the stock market correction before that in 2015.
Armageddon ’08? Yields are below that terror stricken event and the 2012 launchpad to the financial media’s “Great Rotation”(out of bonds and into stocks) promotion of 2013.
This critical area of support is as important in a completely different way than the aborted breakout (orange arrow) above the Continuum’s limiter was last year.
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