https://www.providentmetals.com/copper/other-copper-bullion/copper-pennies.html

I would sure like to see a V-shaped recovery starting today.

The paper markets have completely dislodged from reality.

Gold going down is an aberration, a departure from what is normal, usual, or expected, typically one that is unwelcome. Even if the system goes into a deflation. Gold will rise in response to the financial system not being managed correctly or responsibly.

shares picking up the pace.

That would be a miracle.

“It is our true policy to steer clear of permanent alliance with any portion of the foreign world”: it was George Washington’s Farewell Address to us. The inaugural pledge of Thomas Jefferson was no less clear: “Peace, commerce, and honest friendship with all nations-entangling alliances with none.”

Washington’s Farewell Address,1796. … Washington’s address argued for a careful foreign policy of friendly neutrality that would avoid creating implacable enemies or international friendships of dubious value, nor entangle the United States in foreign alliances.

Washington ultimately took Hamilton’s side and drafted a Statement of Neutrality on April 22, 1793. The Statement of Neutrality voiced the United States’ intention to avoid foreign entanglements, to keep the United States out of European politics, and to make temporary alliances only in emergency scenarios.

As European powers embarked on a long war, each hoping to draw the U.S. to its side, Washington admonished the country “to steer clear of permanent Alliances.” Foreign nations, he explained, could not be trusted to do anything more than pursue their own interests when entering international treaties.

Comment:

He left the “instruction manual” behind, and somehow, some “snakes” created a central bank in 1913 and got away with removing US Independence.  After which WW I WW II Korea Vietnam and a bunch of others.

Our country was absorbed and or merged with countries that have baggage. As Papa Bush said, “We have a new world order” right on TV with a smile no less. Obama once said re bombing Kaddafi, “We have budget restraints now you French have to do it” . Another time with a problem he said “Hey we are all in this together ya know”.

I’d like to buy some cde calls for june but the bid/ask is nuts

Good post, and mirrors my feelings based upon a lot of reading and investigating over the last 6 weeks or so.  I started paying attention late January.  One thing left out of that piece, though, is the additional critical point that our hospitals generally run at a significant percentage of capacity anyway; without a crisis.  Consider all the other problems that crop up daily that also demand medical attention, if not in fact, critical care.  Tough choices will have to be made and it will not be pretty.

Buygold–that post was sort of tongue in cheek…I have no clue where this’ll end up–it sure feels more serious than 2008–EVRYBODY is expecting a V recovery…maybe that doesn’t happen this time

Top post….makes a lot of sense…tks.

b/c old people will be the last to get a ventilator, unless you want to be in a hallway gasping for your last breathes. The people in denial are the ones that are causing this outbreak! We have flat earth deniers of covid and then we have logical people that know the earth is a sphere and are taking proper precautions to avoid this pneumonia. Make sure to study 1918’s flu pandemic. Bad in spring, HORRIBLE in the coming fall. So right when all the duffusses call hoax, they will be offed in the 2nd round.

I did not write this but it’s all very logical: Up until this weekend, I felt there was too much media hysteria scaring people around Novel Covid-19 into hoarding TP. Then a doctor personally explained to me this is a “novel” coronavirus that requires learning how to treat and the time involved to create a vaccine. It is also more deadly than a standard flu to anyone within the list of risk factors or increased age. Currently, this is a fully TREATABLE disease, HOWEVER, to treat everyone successfully we DO NOT enough medical equipment, personnel, facilities, and medication available in the US and globally if large numbers of people become sick, hence the concern and focus on infection curve.
Standard medical practice in situations like this would be to first identify those carriers and isolate, quarantine, them to reduce spread. Unfortunately, governments around the world, ours included, delayed widespread testing along with a rapid spread of infection and now this virus is widespread. So to the second method is social distancing, total shut down of countries, businesses, and travel, to keep the infection curve down and not overwhelm the medical system. And here is the key concept, “not overwhelm the medical system”. This doctor was very clear, the US and nearly every country in the world does not have adequate bandwidth to care for large numbers of critically sick people. This virus so far requires a ventilator for treatment, and there is already an acute shortage of ventilators here and globally. If large numbers of people come down with acute Covid-19 the medical system will be forced to implement triage and decide who will and who won’t get respirator treatment.
This doctor was very clear the shutting down of countries and activities is not about hysteria or politics but FIRSTLY to protect the medical system from being swamped, collapsing, and to reduce deaths. They said if social distancing is fully implemented here in the US, which they said is pretty much required now given the numbers estimated to be currently infected, to prepare for everyone being confined to their home for several weeks or more. Italy estimates 5-6 six weeks of whole society isolation.
It is now time for the middle, left and right media, the government, and social media influencers to stop sowing disinformation and be completely clear and transparent. To explain and educate us to stay calm, the reasons and benefits for shutting down business and activities, why hunkering down at home is important to the overall health os everyone. And when it passes and/or the medical system is strong enough to handle mass illness, grocery shelves will be restocked, concerts will return, and we will go back to the normal of criticizing what was done calling it all a hoax

“Today marks the maximum in pessimism…and bottom for gold and stocks–buy with all three hands!”

Couple % more and the DOW will be halted again.

Silver at 12.51

What’s behind it ????

No idea….but as I said to a mate, the world hasn’t had anything bad happen on a global scale for decades, so the world has allowed fools,children and shysters to build a cats cradle of nothing. The world of my parents saw two wars, they made sure adults ran the world, because they knew what happens when things go wrong.

We have all watched the scum create this financial fools paradise, now it is unravelling, just like we all knew it might…..hopefully as their leavers start to fail, the crushing of PM’s will as well…..the Bond mkt may already have failed, as it is nigh on untradeable, so huge are the random moves .

Once the SM opens we may see that fail as well…..last Fridays 7 % rally in 25 mins was a clear sign, it had gone insane…..like the bonds have.

Ps I see the Vix has failed to open…..

(and wash your hands)

record levels of $$$$$$$$$$$ creation and Gold and Silver sink to the bottom, more proof the creature controls everything. I love it

Today marks the maximum in pessimism…and bottom for gold and stocks–buy with all three hands!

I would’ve thought the Ten Yr. would be down a lot more – .78% now.

Last week it got as low as .51%

So Fed is doing $700 billion of asset purchases, probably going to need closer to $10 trillion when all is said and done.

which of course means the SM will be halted after the open.

Have to wonder if this goes on for a few more days, if they’ll just shut the SM down altogether.

So many bargains in pm shares if we can find a bottom.

Now, I don’t think you can buy silver anywhere on the planet for $12 but the scum can cover for a nice profit down there, and gold at $1400 too.

Obviously phyzz has now completely detached from the paper markets.

I guess we’ll see what they do at the Crimex.

Silver down 20% though? really?

What the hell is behind this virus hoax? Izzit to get Trump out? To eliminate hard currency and to go all digital??????

Empty NY subways…ridiculous–could u imagine if the media and government reacted this way to the yearly flu season…and this covid-19 is no more virulent than any other flu

BY THE NUMBERS, Via the CDC: 2019 Flu – 22,000 Dead and 36 Million Infected …2019-20 Coronavirus – 50 Dead and 2,340 Infected

UPDATE-The numbers presented are the latest numbers from the CDCand the World Coronavirus Map

The only way we will see $ 1750, is if the scum are taken out……

The Fed has done everything a Bug could want, Gold should be flying as a standout investment, so Hi that only it’s height scares off new buyers…..but the scum know that, so they continue to crush it.

Filled Sell 20000JNUG Limit5.64——04:35:22 03/16/20

Never mind that the $ index is down .904 and the 30 yr Bomb is up 3+17/32 handles

https://futures.tradingcharts.com/marketquotes/DX.html

The only way we DON’T see $1,750 gold in the next month is if the $SPX prints sub-2,351; deflationary collapses in stock markets tend to bring ALL assets down, including the biggest bank collateral of all – housing – and that will NOT happen.