Loading ...Don’t be so polite!
I see
The rat bastards are turning this into a normal jobs report day.
Congo one of those no-go locations for moi.
Banro dangling Congo gold mine to best bidder
Canada’s Banro Corporation will put its Namoya gold mine in eastern Congo up for sale, at significant discount, after repeated attacks from armed rebels forced it to halt operations once again in September.
The Toronto-based miner, present in eastern DRC since the 1990s, said the decision to offload Namoya was based on the lack of government support to keep its staff and assets safe.
Banro had a challenging run that nearly ended in bankruptcy three years ago. The government had confiscated its licenses during a civil war that killed five million people, returning them in 2002 as the conflict drew to a close.
Banro sold last month its other mine in Congo — Twangiza — for just $1 because the asset’s liabilities exceeded projected revenue.
In the following years, the company built its Twangiza and Namoya mines. The latter has been since then the target of multiple attacks, including the kidnapping of employees, which led the cash-strapped company to halt operations in 2017.
But the MSM talking heads say that the economy is doing great?
Ford President Quits After Reporting Embarrassing $1.7 Billion Loss
https://www.zerohedge.com/markets/ford-president-quits-after-reporting-embarrassing-17-billion-loss
Richard640
Yes the Fed will save us. I have complete confidence! 🙂
Ipso–Yup! We can throw that into the mix…it ain’t over till it’s over…but wait!
Haven’t we been told the FED, with a few keystrokes, can save the mkts from any unpleasantness? maybe the FED will step in and buy the down opening–V-bottom the mkt–and send it screaming higher…
What’s this! Near 40% of their population is locked down. Wow!
A Stunning 400 Million People Are On Lockdown In China As Guangzhou Joins Quarantine
Guangzhou, the capital of China’s southwestern Guangdong Province and the country’s fifth largest city with nearly 15 million residents, has just joined the ranks of cities imposing a mandatory lockdown on all citizens, effectively trapping residents inside their homes, with only limited permission to venture into the outside world to buy essential supplies.
The decision means 3 provinces, 60 cities and 400 million people are now facing China’s most-strict level of lockdown as Beijing struggles to contain the coronavirus outbreak as the virus has already spread to more than 2 dozen countries
https://www.zerohedge.com/geopolitical/more-400-million-people-lockdown-guangzhou-joins-quarantine
R640 – Like your play
Especially after the move the SM has had this week.
SM initially bounced on the jobs numbers but now slipping lower than before the report.
You could see another ugly Friday like last week.
Jobs Report Big Beat but….
225 K vs. 154K est.
but… unemployment rate rose to 3.6% from 3.5% – go figure
Unemployment rate might keep us in the game for the day, who knows?
Buygold–so far so good–now, if I can survive the jobs report-it is expected to be
strong–maybe a blockbuster–so it is unusual for futures to be down…i think if they pop on the news they could reverse–also overnight, a cruise shipped is quarantined in New Jersey–a dozen people have “lung ailments”–so the poor souls on that ship will have to be there 36 to 48 hours until the cultures show whether it’s the corona virus…I mentioned yesterday that the virus story could come back into the news…also why r they buying bonds? The bond turn started yesterday…anyway…cajones crossed!
FilledBuy to Open200VXX Feb 14 2020 16.0 CallLimit0.12——15:56:36 02/06/20
FilledBuy to Open100VXX Feb 14 2020 16.0 CallLimit0.12——15:56:36 02/06/20
Jobs Report Day
What do we get? The usual drubbing? a surprise soar?
Enquiring minds want to know.
and the mkt could end down an ole 400-600pt…and monday will not be a reversal cause the virus is back in the news and the news is horrific…another scenario would be the mkt is down all day within the current range– than has a whistling past the graveyard finish either side of the unchanged line…that would all but guarantee a big down monday.
https://futures.tradingcharts.com/marketquotes/ZB.html