How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...We were in Italy a week ago and the news there were talking about the swarms of locusts coming from Africa and invading China.
Random thoughts:
I live in central Florida and work at a local hospital. All of a sudden this week we have seen a dramatic drop in hospital census and I-4 which leads to Disney is empty. Wonder if the Coronavirus is discouraging people from traveling.
Hoping the new use of silver as an treatment for the new Coronavirus will increase the price of silver.
Likewise Silver
No doubt silver is still lagging and negative by morning wouldn’t be a surprise.
They’ve pretty much leveled things the last hour since the first 15 min. blastoff.
We’ll see what happens
Looks like silver will be negative by morning. The bankers use silver as their ‘whipping boy’ to control gold and the rest of the sector cuz no excitement is allowed.
It would be nice to see something different here, but it looks like it will take the virus hitting US shores before this will happen.
Europe next, with Italy kicking it off, then here soon.
Cheers
Now $1673 up $30
Silver up $.28
Crazy action
Gold up $17 near $1660
Silver up $.19
Netdania.
We’ll see what the SM futures look like.
Up, down, flat?
If it’s really the Coronavirus moving the markets, the news hasn’t been good.
What if it’s all about Bernie winning the Dem nomination?
What if it’s none of the above? 🙂
Yes, you’re right. Haven’t seen anything in the MSM including FOX about the locusts in Africa. ZeroHedge is the only place I’ve seen it, although I really don’t visit Drudge or Breitbart anymore.
My point still stands though about when you say “Biblical”
Matthew 24: Verse: 6-8
“And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet.
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.”
Yes I have been meaning to post on this myself. Silver is the best natural antiviral agent know to man. So with mutating / deadly viruses likely to keep spreading, the demand for silver should rise in meaningful fashion. But not for the manufacture of colloidal or other ingestion / topical treatments, but to be used in all public spaces/functions/appliances/etc to keep germs from spreading.
The bankers don’t want this, so they will fight it, along with perceptions, but it’s coming.
You can take that to the bank.
Meaning the banker’s ‘whipping boy’, silver, will soon break free of it’s derivatives / futures related shackles.
Buy it now, the real McCoy — physical — because one of these days it will be all gone.
Cheers
Book of Matthew
Revelations
I’m sure people have been thinking the same for centuries.
TEE VEE channels I’ve seen…that’s cause it’s on Africa….as for the Virus we’ll soon know if it will ever matter in a big way…
Welcome to edition 505 of Insider Weekends. Insider buying decreased significantly last week with insiders purchasing $39.19 million of stock compared to $100.09 million in the week prior. Selling increased with insiders selling $1.83 billion of stock last week compared to $1.22 billion in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 46.59. In other words, insiders sold almost 47 times as much stock as they purchased. The Sell/Buy ratio this week compares unfavorably with the prior week, when the ratio stood at 12.16.
and dad said, that’s the so-called reported China holdings. Wait till they reveal how much they really have after back a new cryptocurrency with it.
Hi Maya- Bloomberg did mention that he was the only person that had started a business with success on the stage, so I will credit him with that…haha. I can’t see how he could be any worse than Trump. I do like voting for people that have business backgrounds instead of law degree holders. It just makes more sense to me.
Take a look at this chart soee sent me too. I sent it to Winedoc this week. Refresh it every 8 hours and watch it go. A nice chart there too so you can gauge the numbers.
We talked about those uber bearish COT’s a little yesterday. Funny thing is that gold and to a lesser extent silver has been ignoring the bearish COT’s for months now, and as you correctly point out, a much stronger dollar.
The only thing gold does seem to be paying attention to is bonds and falling rates.
The thing is, if Wolanchuk is right as you suspect, then the SM has a long way to fall and I would think that means bonds continue to rally and rates fall with the SM.
Not sure why the banksters keep pressing their short bets with gold if we are to believe the COT numbers, other than we know they’ll never have to actually cover their bets with anything but printed fiat.
I’d love to see them actually get the hell squeezed out of them. The pure amount of shorts they have at the Crimex have to be worth at least $500 to the upside.
opening rally next week could be a whale of a sale…I’ll be watching how the trannies open…they FINALLY opened down on Friday–u recall they were strongly up–+130–on Thursday…even when the DOW was down 380 trannies were still up 15..
The Commitment of Traders Report
Silver
*The large specs increased their long positions by 11,545 contracts and increased their shorts by 1,305 contracts.
*The commercials increased their longs by 1,062 contracts and increased their shorts by 9,386 contracts.
*The small specs increased their longs by 150 contracts and increased their shorts by 2,066 contracts.
The commercials net short position rose to 101,781 contracts.
GOLD
*The large specs increased their long positions by 51,814 contracts and increased their shorts by 6,139 contracts.
*The commercials reduced their longs by 6,110 contracts and increased their shorts by 41,711 contracts.
*The small specs increased their long positions by 4,246 contracts and increased their shorts by 2,100 contracts.
The commercials net short position rose to 385,612 contracts.
thank you for posting that video. It was excellent!
When will China drop the hammer and announce?
No doubt in my mind that that day is coming, my big question is will I live to see it.
Take out calculator and find percent rise gold since Jan 2016 lows, to today, normally the shadow “Gov’t” whoever they are (banking interests?) would bash gold down with higher rates or media news of banks selling tons. If we have a major Dollar reversal unfolding? A $1 bill that buys a lot of stuff?
God only knows how high gold could get. And that would help banks and governments that own and store it get tired of winning. Us too. 🙂 Eh? Then at moonshot prices they can re back the dollar and make it logical again. Like 10 cents a loaf of bread.
In other words try to imagine a $25 for $1 reverse stock split. To bring back 1960 values. Or a $50 to $1 split to bring back 1901 values. A one cent stamp or $500 new car again. All prices at the stores and account balances would be adjusted.
