Loading ...“Gold Pays No Interest” Widely held opinion. Ten Year Bond $TNX Down 5.35% today rate now at .55%
https://finance.yahoo.com/quote/%5ETNX?p=^TNX&.tsrc=fin-srch
The BOZOs, masters of the global financial universe, are dealing with a tangled up fishing line.
The set up and the sting=expect the big boys earnings to be better than expected and a rally in the a.m.
No one on Wall Street seems to think Applehad a good quarter, which could set the iPhone maker up to surprise analysts.
“Our channel checks on Apple indicate weaker iPhone shipments for the quarter but not as weak as we had originally expected,” Goldman Sachsanalyst Rod Hall wrote in a report last week. “We believe that Apple performed relatively well in the smartphone market due to its strong online presence aided by short term stimulus and the economic rebound from COVID-19 lows.”
https://fortune.com/2020/07/30/apple-earnings-q3-what-to-expect-iphone-sales-tim-cook/
Looks to Me like TVX is about to EXPLODE ! Volatility
like the TVIXF has made a bottom and is about to explode !
Re Defanging The Police Confronted By Rioters, A Thought Here
This reminds me of Vietnam. We could have won that war on a weekend, but it seemed like we were fighting with one hand tied behind our backs. So I figured, special interests economic logic, they wanted the war to last as long as possible .
So to make the Police “give cookies and milk” to rioters, it means to me they want the rioting to continue last longer, don’t squash it and win. For what? Hurt Trumps reelection? Distract the publics attention away from a collapsing economy?
Or maybe TPTB are sympathetic to all the unfortunate victims of globalization and take blame for exporting their jobs.
Remember “Free Trade”? (more like a free for all) “Fast Track”? (liquidation of America) “Most favored nation “cookies and milk” trade status” for China?
It was REALLY just favored US corporations trade ability to off shore. The corporations obviously had very good lobbyists, confronting our ass hole lobbyists called Congressman.
Haven’t had a butt whipping like this in awhile
No doubt we had it coming and and needed to take some air out of the balloon.
Question is how much. Seems to me we are tracking the dollar as much as anything right now.
M+A Baby! …………….. 137% premium
Auryn to Acquire Eastmain Resources and Spin Out Peruvian Assets
https://finance.yahoo.com/news/auryn-acquire-eastmain-resources-spin-000300080.html
scum looked into the abyss
as S&P was about to break 3200 and had to start buying it….
goldielocks @ 22:20 on July 29, 2020
It was the Rockefellers that gave the LAND in NYC to the UN ..They created this monster of Socialism because they had a monopoly on wealth and didnt want any competition. Their idea was Capitalism for the RICH …Socialism for the rest ! HE DIDNT WANT ANY COMPETITION….the biggest Monopolist ever ..and that idea continues today in the Social Media like FB ,Google,Twitter … all Monopolists ,the rest get Socialism (COMMUNIST) .
They should break up these monopolies without creating Socialism . WE need a TRUST BUSTER like TR.. to maintain competition because thats what delivers the lowest prices and best distribution of wealth without destroying the incentive to work and BUILD.
Frustrating
As soon as the scum selling lets off PM’s rally…..this is all about Month end values.
Its WAR on the Suburbs ! NO more single Family Housing from Democrats ! When they got the votes ,that what you get ..
Thats why the Founding Fathers did NOT GIVE us a DEMOCRACY ,but as Franklin said “Its a REPUBLIC if you can keep it “
Anecdotal
A friend who works in the construction industry has been busy helping build office buildings in Bellevue Washington, which is right next to Seattle. These new buildings supposedly are going to be hosting mega companies which are interested in moving out of Seattle.
Should be no surprise even predictable.
Smells like a little bit of short covering/dip buying
Makes me wonder if London pushes prices down overnight to give the Crimex crooks an opportunity to get out of their short positions during the day.
No clue if the metals will come all the way back but the USD has lost all its overnight gains and is headed lower – it won’t be recovering today.
GDP -32.9% That’s not bad right?
edit: 10 yr. at .54% I believe that is an all-time low, or equals it.
Chinese Banks Bar Clients From Buying Precious Metals
In an attempt to avoid another retail-driven momentum meltup similar to what happened with Chinese stocks earlier this month when government-media first encouraged Chinese investors to buy stocks only to backtrack days later when local markets soared sparking fears of another stock bubble on the mainland, Reuters reported that Chinese regulators and major banks have been rushing to curb precious metal trading by domestic investors to temper speculation that could send prices explosively higher, something we hinted at just last week.
https://www.zerohedge.com/markets/chinese-banks-bar-clients-buying-precious-metals
Kablooey!
Trump Sparks Firestorm With Suggestion To Delay Elections ‘Until Vote Can Be Safe’
https://www.zerohedge.com/political/trump-suggests-election-delay-over-vote-mail-fraud
Like in February/March stock mkts have ignored the resurgence of the Wuhan virus-then crashed-is it finally time for the retest?
In March the crash sequence started on a Thursday and a Friday…then on Monday the crash started…but for 3-4-5 days before that Thursday, the stock mkt was ragged and divergent–like now…which was a change from the bullet proof daily bullish performance.
At 8:30 we get the known-by-all historically negative GDP report–which was known yesterday and didn’t prevent the stock mkt. from having a great day….especially…and inexplicably, the Russell and the trannies…so I have no idea why futures are down today…I guess if the GDP report beats expectations–even by a millimeter–stocks could rally…then tonite is a flood of earnings which have–as usual–been tricked up to beat expectations…so if Friday opens with a rally that reverses…then Monday could start the retest…
China, Germany Suffer Alarming Jump In New COVID-19 Cases As “Second Wave” Spreads: Live Updates
Morning Maddog
Looks like the old “Day after a Fed Announcement” trick.
That’s why they were sitting on the shares yesterday.
Month end or not, some air needed to be let out. We’ll see if the dippers decide to show up.
scum have been leaning on PM’s all night
Then they bid the Dollar and had to let the SM ease off…..now they are going harder as we get to 8 am…they also hit Oil.
No way do they want an end of month price of $ 2000 being set up.
