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Go ahead..show them how smart you are !

Posted by Ororeef @ 22:50 on August 6, 2020  

Los Angeles Mayor Says City Will Cut Utilities to Homes Hosting Parties

Mairead McArdle

,

National ReviewAugust 6, 2020

Los Angeles Mayor Eric Garcetti announced Wednesday that homes hosting parties in violation of coronavirus social distancing restrictions will have their utilities shut off.

The mayor said he has authorized the city’s Department of Water and Power to cut utilities to residences within 48 hours after the LAPD verifies they are hosting parties. The decision, which takes effect on Friday, will target “egregious cases” where houses are hosting “un-permitted large gatherings,” Garcetti said.

“While we hope that you will avoid gatherings of all sizes, this enforcement is not focused on small and ordinary gatherings in people’s homes,” the mayor added. “These are focused on the people determined to break the rules, posing significant public dangers and a threat to all of us.”

In response to a question about whether it is constitutional to shut off power and water going to private property, Garcetti responded, “You’re breaking the law.”

“This is life and death,” he said.

Los Angeles to cut off water and electricity for private homes that disobey lockdown rules

Posted by Ororeef @ 22:43 on August 6, 2020  

You hink LA is a shithole now ,just wait until they shut the WATER off  ,they will wind up like SAN FRAN SHITTING IN THE STREETS ..

Brilliant move …m MAYOR ,go ahead show them how smart you are !  ASSHOLE !

Maddog

Posted by goldielocks @ 22:10 on August 6, 2020  

Thanks , that’s who I thought you meant but wasn’t quite sure. It seemed like he had some hope in the beginning but don’t see much about him over here. Was shocked to see that video you posted. I remember at one time they were trying to compare him to Trump but it appeared he didn’t have the business savvy or stand up dedication to the people as Trump where Trump could back up his promises and speak his own mind instead of go along with the consensus and disagree. That is so rare because another people could have business savvy and be totally selfish or evil, like Soros.

Ororeef you’re off your rocker

Posted by eeos @ 21:53 on August 6, 2020  

the equation has nothing to do with black people, but nice try at simplifying complex problems into simpleton terms

Silver and Gold: All Bets Are Off! with Mike Maloney and Jeff Clark

Posted by silverngold @ 20:17 on August 6, 2020  

goldielocks

Posted by Maddog @ 19:52 on August 6, 2020  

Bozo = UK Prime Minister

First Majestic Reports Second Quarter Financial Results

Posted by ipso facto @ 19:37 on August 6, 2020  

https://finance.yahoo.com/news/first-majestic-reports-second-quarter-224200833.html

Sports

Posted by Ororeef @ 17:55 on August 6, 2020  

millionaires are all going to take a BIG pay CUT FOOTBALL,Basketball all of them and its Democrats FAULT ..no paying FANS in Stadiums ,and 99% of them are BLACK  …..say Goodbye to your paycheck with Democrats everybody will be EQUAL  ,good communists they all got NUTHIN ! DO these blacks want EQUALITY  ,I doubt it !  WILL All the RICH blacks vote for BIDEN and CUT their own throats  ?  Take from the RICH blacks and give it to the POOR BLACKS thats EQUALITY ! Be a good communist vote for Equality !

You can also throw in Celebrities like OPRAH ,she feels so GUILTY about her Billions ,she wants to give Your money away !

I like this rant from Murphy tonight? …and I’m not gonna state the obvious that it could be a a sign of a top…I’m just enjoying it…

Posted by Richard640 @ 17:47 on August 6, 2020  

Gold, silver climbing a wall of confidence, NOT worry

Gold and silver are NOT climbing a wall of worry, but rather a wall of confidence. The true undervalued nature of both metals is suddenly becoming obvious to those who were previously unaware. Years of MOPE are now melting away like late winter snow on a balmy spring day. Many people who never paid any attention to the fundamentals or suppression of the metals are now shaking their heads in disbelief at how dirt cheap they appear. That’s because they were, and ARE.

Yesterday’s $28.30 gain came with a decrease in open interest of 7,012. That is a short covering rally at its finest. While the silver gain of 87 cents didn’t come with any OI decline (it was virtually unchanged) they sure as hell weren’t adding to their shorts. Today is another scorched shorts kind of day. Pain and suffering are getting to be a daily routine for them. The billions of losses suffered over the past month

The “tells” that this rally is explosive are numerous. The physical premiums remain elevated. Trading volume is still relatively low. The open interest isn’t going ballistic high. Gold and silver aren’t getting hammered during Crimex hours. The physical offtakes at the exchanges have been relentless. Previously bearish pundits are getting out ahead of the freight train and conceding $3k or even $4k. They will still ultimately get smashed by the freight train at those levels as the CTRL-P button remains stuck forever.

It’s been instructional watching lumber over the years, but even more so since last April. Since last April lumber has went from $270 to $700, with lumber buyers still lined up by the tens of thousands. Many building materials are now unavailable at any cost. I know firsthand, I am one of them standing in line. Limitless bid, no offer. If your choices are shutting down hundreds of job sites or finding anything, at any cost you do what you do. This is the food fight analogy I often speak of. Physical gold and silver have also arrived at their food fight phase. If you are short in any way, whether it be via futures, options, lease, rehypothecation, or loan you are basically screwed. Buying your way out is now hugely problematic. When gold or silver reach “no offer” like lumber has there will be no overhead resistance. THAT’s when true price discovery will begin.

James Mc…

 

Premier Gold Mines considering US spin-out

Posted by ipso facto @ 16:12 on August 6, 2020  

Premier Gold Mines considering US spin-out

Eeos

Posted by goldielocks @ 16:07 on August 6, 2020  

Yeah and we know these geriatrics from back in the 60s. Draft dodgers singing a different tune then. There’s a tape of Biden wanting to freeze SS due to mismanagement of funds. Just cut it off. He was a idiot then. He had the us vs them attitude.
BUT they were less brainwashed in Globalization, not anti religious, knew what gender to put on their child’s birth certificates, didn’t censor and knew better, had a concept of borders and crime but things already were slowly changing only for their own benefit. Now these younger generation On the left has a agenda to destroy America. So choose well because lack of life experience, economics, and plain common sense or reasoning. Yeah we had some some like Waters, Schumer, Schindler, and more.
Example OAC Total ding bat.

My View The Powers That Be Want Trump To Win, I’ll Explain Later

Posted by Mr.Copper @ 15:23 on August 6, 2020  

Joe seems to be forgetful, creepy, out of touch, a tool, and part of the machine

Posted by eeos @ 15:18 on August 6, 2020  

People in my generation want to know why we need to keep on electing geriatric-aged presidents. It’s time to pass the torch and let younger generations try to sort things out.

So I hope Trump gets re-elected and gets our country’s finances back into some type of logical order. He’s the master of negotiating the deal and bankruptcy, so I think we should allow him re-election to sort financial things out with the world, fold the dollar and kick people’s asses too. He’s often scary, says crazy stuff and I despise the billionaires b/c I think they’re scamming all the little guys.

But this beats the hell out of any lawyer scuz bucket holding office from past history. no more lawyer presidents for me.

If you want $10K gold pronto, vote for Kanye.

Maddog

Posted by goldielocks @ 15:12 on August 6, 2020  

If sleepy Joe gets in it would be a disaster and a slow death as someone put it. Maybe fast who knows, for all. Excuse my ignorance in one matter due to multitasking. Who is Bozo?

Mr. Copper – I wonder if we’ll ever get back to the 15-1 Silver-Gold Ratio

Posted by Buygold @ 15:10 on August 6, 2020  

Sure would be a helluva thing if we did, but also highly inflationary given all the industrial uses we now have for silver. I think in some ways, the amount of industrial use is why the “scum” effort to keep the price of silver down.

I’m more wondering if we’ll get a 1-1 DOW/GOLD Ratio. 🙂

Kind of a bummer day for the shares given the nice moves in the metals. Something’s gotta give.

goldielocks

Posted by Maddog @ 14:44 on August 6, 2020  

IMHO It all rests on Trump winning…if he wins then Gates and Fauci etc may well face retribution, if Dozzy Joe wins then, they will sitting in the Oval Office, waiting for him to wake up.

There are rumblings here that we will dump Bozo soon…he may resign due to ‘health’ etc…whatever business has had more than enough of his madness.

Mr Copper

Posted by Maddog @ 14:39 on August 6, 2020  

The selling I’m talking about has set patterns….as soon the shares gap opened, the selling starts, often just to fill that open gap, in PM shares it is a daily occurrence, wheras normal shares gap with impunity…The Algo’s are now trained to fill those gaps…but ystdy and today the selling went on way beyond the gap fill.

Note GPL put in stellar results today, so any sellers have to take that into account……why dump when a huge gain could be around the corner etc.

Since then the selling has kept the shares weak all day no matter, the constant bounce back in the metals…it is pure ‘appearance creation’ with no thought to likely losses….joe public gets them.

aka scum pissing away tax payer dollars.

FYI I Just Noticed a big break out on PVG Pretium Resources + 26% on a down day no less.

Posted by Mr.Copper @ 14:26 on August 6, 2020  

Schwab has a B rating on it, it even sports an EPS and a PE but no div.  Boy you can always depend on those Pennant Formations, known to break out violently. I’m getting hungry time for a snack. 🙂

https://finviz.com/quote.ashx?t=pvg&ty=c&ta=1&p=d

@Maddog Woof Woof Thanks for the good feed back. re your “there is no reason to be an aggressive seller of shares, especially when the metals are so strong, “

Posted by Mr.Copper @ 14:04 on August 6, 2020  

We have to keep in mind though, that if this fake dollar, 1913 currency system is failing and ending, we would be forced to cash out all stock positions in brokerage accounts, and wire all the funds to Internet precious metals dealers that are authorized US Mint buyers, and take delivery of physical Gold and Silver USA Eagles.

However, waiting too long on this, we all know, the prices will be crazy and not much available. Not too many people would be wanting to sell even at PM high prices and trade for fake US fed note cash in a failing currency.

Re lower share prices, this could simply be a pause of buying, no at market buy bids, but just low offer bids, from bulls, NOT a selling frenzy. However a nervous holder would take low offers to make himself and the bullish buyer happy.

I’ve noticed some older Gold Eagles have a big premium over spot and over new 2020 Eagles prices possibly reflecting low mintage numbers and climbing collector values on older Gold Eagles. I didn’t look into Silver Eagles, but APMEX shows all the prices.

Maddog 13:45

Posted by goldielocks @ 14:03 on August 6, 2020  

OMG!!! Maybe it’s a good thing we got little rebels running around here yelling defund the police so they don’t have to be part of it as they were getting fired before it started calling it unconstitutional.
They are spreading panic. All they while we know their holding back preventative medicine. Gates and Fauci should be charged with crimes against humanity but somehow I feel the globalist that have infiltrated are in on it and are working together to put us on our knees and hope we wave a white flag to them.

An After Thought Here Re Gold and Silver Paper Traders

Posted by Mr.Copper @ 13:45 on August 6, 2020  

We all know the historical AU AG ratio was 15 to 1, 15 oz Silver to buy 1 oz Gold. That ratio today is 72 to 1, ie 72 oz Silver to buy 1 oz Gold. So if Silver is in catch up mode?

It would make sense for paper traders to sell and take GLD gold profits and buy very low in comparison, under priced SLV. Hopefully that won’t happen.

In other words, we don’t need $100 Silver and $1500 Gold to maintain 15 to 1. $2500 Gold and $166/oz Silver would be better. I hope to get some feed back on this crap.

Goldielocks…notice the Black shirt and tie……El Duce would love him.

Posted by Maddog @ 13:45 on August 6, 2020  

Mr Copper

Posted by Maddog @ 13:43 on August 6, 2020  

Good points and since the Mch Lo the shares are ahead…but Hui is nowhere near it’s all time Hi, while Gold is making new records.

Before we had 24/7 games, u could pretty much expect the shares to move 3 to 5 times the metal percentage price on a daily basis and even on a long term basis there was a near 3 multiple. Hui ran 35 tp 638…18 times, while Gold ran from 255 to 1911… @ 7 times,

Plus up until recently if the shares were bad, so was the SM…today there is no reason to be an aggressive seller of shares, especially when the metals are so strong, there is every reason to hold on for dear life.

@ To All Wondering Why Gold and Silver Is Up and Shares Down.

Posted by Mr.Copper @ 13:23 on August 6, 2020  

Possible answers. Gold and Silver is getting publicity on TV, the stock players, momentum players, COMEX players, all paper players are probably clicking and clicking on SLV paper silver and GLD paper gold, and ignoring miners because they know NOTHING about miners.

The stupid media is not pumping individual miners, or miner ETFs. But as great earnings pop up maybe they will get announced. And besides all that? The miners have already OUTPACED the physical metals percentage wise.

In my opinion, all this paper clicking on metals supposedly forces the ETF managers to buy physical metal for ware houses and driving physical artificially higher than normal, instead of when an individual buys some and buries it somewhere. He won’t be selling for a long time.

On the opposite or sell side, re paper clickers?  When they decide to sell, all this paper clicking on metals supposedly forces the ETF managers to SELL physical metal OUT of ware houses and driving physical prices artificially LOWER than normal, instead of when an individual sells at a coin store coin show or to an Internet coin dealer or the owner drops dead and his kids sell the physical.

The poor manufacturers that need physical AU AG metal for their product, must be going nuts. And probably them too buying and taking delivery of far more physical than they NEED to avoid higher prices later on.

I made posts on this long ago. High prices cause higher prices, to a point of distortion. Lower prices cause lower prices until a point distortion, before reversing. Equilibrium or stable valued unit of account would cause boring stability.

For example low 72 Dollar caused high $145 oil. The high oil caused over production, and the priced crashed to $28? Gold was distorted down to $250 and Silver $4 distorted by a 120 dollar index. Back around 2000-01.

That’s when I stopped working, designing and fabricating prototype precision sheet metal parts, and started trading mining stocks. I absolutely knew POSITIVE, that the Bozo bankers would be forced to lowering the dollar from 120. We had 12 good years after that, 17% APY gold until around 2012-13 $1800 with the 72 Dollar index needed to help the US producers or exporters.

It got TOO high TOO soon and went to $1060 late 2015. I called the $1060 bottom right here, more than two months before Dinesletter did. Also on occasion I bought a stock that Dines recommended much later. Also I bought some really great performing miners that Dines NEVER bought, like DRD and BTG and so many other good ones he never mentioned.

Saudis going nuclear

Posted by ipso facto @ 13:20 on August 6, 2020  

China Helped Saudis Build Secret Nuclear Site For Extracting Yellowcake: WSJ

https://www.zerohedge.com/geopolitical/china-helped-saudis-build-secret-nuclear-site-extracting-yellowcake-wsj

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.