3:45 pm–tsla got an $800 target today=it’s up $39–amazon up 24.50–GOOG up 5.46

TPTB, Modernized half of the Middle East, China, Europe etc and probably 3/4 of the US Population. Has been hopelessly modernized. Trump simply has a lot of common sense and is streetwise. Like most of us hard money folks, patriots, and gun owners. Finally the 25% population of America First people, have a president. The next thing we have to take over is their Media.

Funny coming from the economic clueless puppets on the take missing their payoffs? Do they want their tax breaks back? Do they want to dip more into Social Security to pay their bills? If they can’t think up a actual crime then they must convince Trump voters or else. Sounds desperate. Since when did they care about the debt. Never…. Meanwhile mums on Biden in a actual threat for money. Trump wasn’t after money like Biden he was investigating corruption from the Biden’s.

Re Wolly

there was a forecast of Dow 35 K back in the 80’s, everyone thought they were mad….i wonder if the guy is still long !!!!!

they have to get rid of the Donald, because he is making every existing politician look like a lazy incompetent idiot.

i heard his speech today and when he rattles off all the amazing economic no’s, all other politicians are nowhere…..and what it makes it even worse is that he is a fantastic salesman and a street fighter, they are all redundant and they know it.

With a parabolic like that I’d be a little nervous. Like winedoc better early than a day too late but it could continue for a little while.
https://finance.yahoo.com/news/palladium-bulls-refuse-blink-ubs-083445985.html

Summary:  The COT report covering the week to January 14 showed the hedge funds reaction to Middle East deescalation with crude oil and gold longs being cut. The imminent signing of the U.S. – China trade deal meanwhile helped drive demand for industrial metals and agriculture commodities.

Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.
Download COT Report
The Commitments of Traders report covering the week to January 14 found speculators cutting longs in crude oil and safe haven metals as Middle East tensions faded. Natural gas continued to get sold while agriculture commodities got bought ahead of the signing of the U.S. – China trade deal. 

Crude oil longs were left exposed following the pump and subsequent dump as Middle East tensions faded and after some longs established following the December 6 OPEC+ meeting became loss making. The selling was concentrated in WTI which saw the net-long being cut by -22% as domestic stocks rose. Brent crude oil, the global benchmark, was despite the 5.5% price slump, surprisingly left unchanged at 426k lots. Overall and due to the drop in WTI longs the combined position dropped to 652k lots, a five-week low. 
The already record short in natural gas expanded further by 7% to 267k lots as winter demand stayed muted and the price drifted lower towards $2/therm. Today (Monday) the price rout continued as the price initially slumped by 9% in early trading to reach $1.83/therm, another seasonal record low, before clawing back half those losses. The lack of frigid cold weather this winter have seen producers being unable to shake off a supply glut amid rising production. With the winter soon giving way to spring the market is already beginning to worry about the prospect for storage facilities hitting max during the summer injection season.
peculators reduced bullish gold bets by 4% to 262k lots in response to the correction that followed the temporary early January surge above $1600/oz. The silver net-long was kept unchanged at 58k lots.
Chinese New Year celebration start this Friday and will keep Chinese markets more or less shut until January 30. The lack of activity in China may lead to relative quiet markets during that time.
Bullish platinum bets hit a new record at 51k lots as the metal benefited from the continued surge in palladium. HG copper longs meanwhile jumped in response to Chinese data and ahead of the signing of the US-China trade deal.
The agriculture sector was also in demand ahead of the signing of the trade deal with 11 out of 13 commodities tracked in this being bought. The net-long across the sector jumped by 88k lots to 327k lots, an 18 month high. Biggest change was the 64k lots or five-fold increase in the sugar net-long to a 14 month high while cotton and KBT Wheat longs both reached 13 month highs.
https://www.home.saxo/en-gb/content/articles/commodities/cot-on-commodities-0120-20012020

Last week, acting Foreign Minister Sergei Lavrov confirmed that Russia’s economic policy includes the “gradual de-dollarisation of the economy” amid what he said was an “increasingly aggressive use of financial sanctions by the US administration” and Washington’s “outright abuse” of the dollar’s status as a world reserve currency.

https://sputniknews.com/business/202001211078093255-russias-gold-reserves-continue-setting-records-amid-de-dollarisation-drive/

Even MORE important than getting rid of Trump, is for Americans to get going and Change The Climate. You know, make rain where needed. We need “Rain dance” legislation. Now, we just can’t wait any longer. Hell, we landed a ship on the moon, we can do this. Just have to raise taxes, and create millions of gov’t planet saver jobs.

If you believe that? I’ll tell you another.

parts

At home and abroad, Trump has shaken confidence in how America makes decisions. He is mercurial and often dictates policy by Twitter feed. Many of his decisions were impulsive, uninformed and made without following protocol or communicating with Congress, administration officials or federal agencies that needed to know.

It will be difficult to convince Trump supporters that the best thing for the country is to remove him, and Republicans will face retaliation in the voting booth if they try. It may be easier to convince Trump to resign voluntarily or not run again in exchange for immunity from all charges being investigated. That way, Senate Republicans wouldn’t have to vote to convict him and would likely keep their seats.

But no matter how it’s done, America must remove Trump to show the world that it won’t tolerate a destructive, shameful, lawless and dangerous president. Otherwise, nations will always wonder, if we let one president go rogue with impunity, when will it happen again?

Trump must be removed — for more than reasons offered in impeachment

Can Switzerland clean up the ‘dirty’ gold trade?

https://www.swissinfo.ch/eng/eye-on-the-multinationals_can-switzerland-clean-up-the–dirty–gold-trade-/45500268

https://u.today/ray-dalio-lambastes-bitcoin-btc-praises-gold-in-davos

https://coincodex.com/article/6647/digixdao-will-be-dissolved-dgd-holders-supported-the-decision-with-967-of-the-vote/

Ipso- we’ve gotten that weakness in the SM, didn’t see our pm’s skyrocketing but we still looking good. Pretty happy with the shares on a day when the metals have been struggling.?

Amals – Looks like you got another good buy at $1.15. Not sure you’ll get it much cheaper.

Filled this morning at $1.15 on a GTC order I placed a couple of weeks ago.  Hmm.  Should I fish a little lower…?

https://www.dailymail.co.uk/health/article-7912949/Killer-Chinese-virus-comes-patient-reported-Washington-state-CDC-says.html

parts

Global stocks were down on Tuesday, with Asian markets posting the biggest drops, amid mounting concern over the rapid spread of a deadly virus in China—especially as hundreds of millions of people prepare to travel across Asia to celebrate Chinese New Year this weekend.

Travel, retail and luxury goods stocks all plunged on concerns that the wider spread of the disease would hurt consumer demand. Pharmaceutical stocks in China surged by their 10% daily limit, while shares of medical gear makers like facemasks also sharply rose. Airline stocks, both in the U.S. and China, also slumped on the virus news, anticipating its impact on travel plans:

https://www.forbes.com/sites/sergeiklebnikov/2020/01/21/global-stock-markets-fall-amid-growing-fears-over-deadly-china-virus/#2c0cc7ad24fc

Sounds good to me!

Gold a little stronger now.

If we could get the SM to really roll over this could turn into an exceptional day.

I’d like to see how we close if the SM ends down a couple hundred points.

Midgets I bought in a past age for real money which then fell to a few cents are catching a bid.

PM shares are going exactly inverse the SM and bucking the metals, although gold is up almost $1

Even some of the silver shares look pretty good like WPM, SSRM, FSM with silver down $.18

No clue what that means but in years past it’s meant the metals are going to rally sometime soon.

Sold my RGLD earlier @ $113.15 for a few beans, but I might end up regretting it tomorrow.

Would love to see the HUI retake 235 this week.

11:39 am Tuesday–the 30 yr t-bond is up a big 1 and 14/32nds as savvy investors know stocks are about to rollover for at least a 10% correction–the 10 yr note is up 33/64ths–the trannies continue to sink–down 180–while the NAZ is unch.—this is how a major turn would be expected to act–ragged and divergence…as the diehards continue to robotically pump money into what they continue to see at their rock of Gibralter stocks on the major indexes…the HUI up 3.82 with gold down 3.60 & silver down 24…

Gold looking to go positive. HUI looking good. Shares overall looking pretty good.

Silver has a ways to go. I’m surprised.

Hopefully we can build on these early gains.