Posted by Richard640
@ 19:03 on August 3, 2020
Well…I hope all have prepared. I do think this is it….
It is just a matter of limited time….
The printing into oblivion will continue….
The Virus will be ramped up again…
50% of small businesses are GONE for good.
30 million unemployed and as soon as Oct 1st hits…millions more fired… (That is the final day you have to keep people on for the PPP to be forgiven)
So what does it mean? Well…the print means stocks through the roof…Metals through the roof. Your way of life is going to change drastically….
There is NO GOING BACK….. This is uncharted waters… The other side of this does not look pretty….how long do you think “They” can keep it together?
The ONLY way to stop this is to OPEN IT ALL UP NOW…F*&K THE VIRUS…..otherwise…bye bye
Posted by Richard640
@ 19:00 on August 3, 2020
Posted by ipso facto
@ 18:56 on August 3, 2020
Warren
I guess the Post Office still works! 🙂
Thanks for fulfilling your pledge!
Posted by ipso facto
@ 18:14 on August 3, 2020
Is the US government going to stop debasing the currency? Are they going to raise interest rates? If your answer to these questions is no then you have nothing to worry about. The big move is still upward. JMO
Posted by Richard640
@ 17:52 on August 3, 2020
[What they are saying? “Naturally, after an economy has been shut down and then reopened by government fiat, huge numbers of respondents will answer that business conditions, orders, production, etc. are better than they were when the economy was fully or partly shut down,” wrote MFR Inc. chief economist Joshua Shapiro in a note to clients.]
ISM manufacturing index climbs to 15-month high of 54.2%
[“Overall business remains down almost 70%, said an executive at a manufacturer]
The numbers: American manufacturers expanded in July for the third month in a row, but senior executives say production remains well below pre-pandemic levels and not all the jobs are coming back anytime soon.
The Institute for Supply Management said its manufacturing index rose to 54.2% from 52.6% in June, marking the highest level in 15 months. Economists surveyed by MarketWatch had forecast the index to total 53.6%.
The high level of the index is somewhat misleading, economists point out.
Although readings over 50% indicate growth, the index does not measure the actual amount of production or tell how much it has improved. The survey basically asks executives if their businesses are doing better or worse compared to the prior month.
“Diffusion indexes like the ISM capture rates of change of activity, not levels, and output remains depressed,” said chief economist Ian Shepherdson of Pantheon Macroeconomics.
Other economic signposts such as durable-goods orders, industrial production and the monthly U.S. jobs report show that companies are producing significantly fewer goods and employing fewer workers than they were before the pandemic.
What happened: The ISM’s indexes for new orders, production and employment all rose.
The index for new orders jumped to 61.5% from 56.4%, while the production gauge rose to 62.1% from 57.3%.
The employment index, meanwhile, edged up to 44.2% from 42.1%, but numbers below 50% signal that companies are still cutting jobs.
“Incoming orders are slow. This is usually our busiest time of the year, but production is reduced due to lack of demand. Additional layoffs expected,” said an executive at a furniture maker.
“Overall business remains down almost 70%, said an executive at a manufacturer of transportation equipment. “We are hanging on to as many employees as possible, but we will have to lay off 30% or more for at least two to three months until September or October.”
Posted by silverngold
@ 17:32 on August 3, 2020
Posted by diamondhead
@ 17:31 on August 3, 2020
Anyone else here getting nervous that this could be a top? Maybe I’m scared still from the past, but I’m half expecting to wake up and see gold down $100! Also these mining shares have gone up a lot in a short time! Believe me, I want to see more gains! But with gold just shy of $2000 the mining shares still seem so far down! I’ve been holding MUX, GORO, GPL, for years! I would hate to see them get smashed down one more time! Aloha, Diamondhead
Posted by Mr.Copper
@ 15:37 on August 3, 2020
With all the coverage of the crashing Dollar lately, and new highs in gold, the odds favor a bounce in the dollar, and a dip in Gold. Usually by the time they acknowledge or admit a trend, everybody already knows it, so they cancel the news black out and have to mention it.
Posted by goldielocks
@ 15:18 on August 3, 2020
Yep eyes are opening fast on him.
Now once people were complaining about the self acclaimed shaira police walking around now we got self acclaimed mask police walking around some attacking people. Drama queens. One sadly got shot.
One liberal dim wit poured coffee on some guy just sitting on a bench eating his burrito plus he was was about to eat what with mask? She’s lucky he didn’t slap that burrito in her face but then why waist a perfectly good burrito. I would have. He got her boyfriend though when he went after her cup he attacked him and lost them called the police of him defending himself from them.
Posted by Mr.Copper
@ 15:14 on August 3, 2020
All I can think of, is a situation like soldier. They can legally kill other people with no consequences because they are doing something that the “Supreme” leaders, (or special interests) whoever they are, allowed needed or promoted the bad situations for various reasons .
In other words, like even the rioters, the “influencers” feel quilty, can’t or don’t want to punish people that are just following orders, or like rioters, dumb people just led to doing bad things because of extreme gov’t media coverage of an occasional death during an arrest and calling it an intentional racist murder.
Posted by Maddog
@ 15:11 on August 3, 2020
OTOH, this could be the big correction everyone has been waiting for and all it does is goes sideways again.
That’s what I am hoping for….but the scum sure are sitting some sharees as u say…the General fr one and that perennial favourite SSRM…of which I have some….bt when PAAS was damn near the same price….Grrrrr.
Posted by ipso facto
@ 14:09 on August 3, 2020
At a certain point Fauci’s hypocrisy and greed just has to be called what it is … evil!
Posted by Buygold
@ 13:59 on August 3, 2020
crooks are keeping our shares down for the most part all day except for a select few.
OTOH, this could be the big correction everyone has been waiting for and all it does is goes sideways again.
Posted by goldielocks
@ 13:46 on August 3, 2020
We’re never going to get rid of the little dictator. Where’s his mask and goggles. And he calls them goggles instead of eye shields or protective eye gear? Is he invested on a goggle manufacturer.
Well one pro, Muslim men can now experience what they put their women through because full Berra will be next ha ha
Fauci endorses eye goggles, face shields, calls for masking every flu season
https://www.lifesitenews.com/news/fauci-birx-endorse-eye-goggles-face-shields-fauci-calls-for-masking-every-flu-season?utm_source=LifeSiteNews.com&fbclid=IwAR1q8og_q2_xx3V3l3k-eoKjO8kWsQ08i9Ez39ZG-6Pb6LiyuuJ0OeFpyl8
Posted by goldielocks
@ 13:36 on August 3, 2020
Thanks good article. Plenty of data constant denial by the left.
To you see their new thing with those stuck on unemployment? Not all don’t go back as they would lose their unemployment if the refused without medical cause.
The dems blocked the extension till they could pass something walked off then had fake news spin it saying came up against a wall. They’re the wall.
Posted by goldielocks
@ 13:29 on August 3, 2020
Yeah he was caught with his pants down but what is going to happen. Is congress going to question him? He’s done a lot of dirty things and Drive off smart dedicated people and destroyed their lives while they do the work he takes the credit and keeps chugging along.
The doctor who exposed that study on Sarscov and hydroxy was fired. She also asked him to a drug test because she believes he’s taking it himself to prove he wasn’t. Of course he doesn’t have to but no word from him denying it.
He was also calling Cuomo’s brother everyday openly admitted by his brother when he was sick with it and taking a form of the chloroquine. Meanwhile his brother was denying it to New Yorkers while people were dying including doctors and nurses. But his brother was getting it.
As Richard said what accountability.
Posted by Mr.Copper
@ 12:29 on August 3, 2020
Friday I had the urge to move my Smith & Wesson money to something else, it was choppy lateral going nowhere, had a nice profit, had my finger on the mouse, and the market closed before I could click it into cash. Thank you God, its up 10% today, so guess I’ll hang on and buy others related.
My gun collector friend who frequents gun stores told me Ammo prices are way way up like $3 for double 00 buck. Background checks are thru the roof too. FYI. Vista Ammo maker VSTO, Ruger manufacturer RGR,
Check out Vista “conversations” on ammo pricing and shortages.
Vista: https://finance.yahoo.com/quote/VSTO?p=VSTO
Ruger: https://finance.yahoo.com/quote/RGR?p=RGR&.tsrc=fin-srch
Smith & Wesson: https://finance.yahoo.com/quote/SWBI?p=SWBI&.tsrc=fin-srch
Posted by Richard640
@ 12:07 on August 3, 2020
Consequences? LOL. People are rioting and vandalizing…no consequences. The FBI and the DNC tried to unseat a POTUS….no consequences. China poisoned us…..no consequences. Banks and Big Companies like GE have pretty much committed financial fraud….no consequences. People lose their jobs or don’t go to work and now they get free money….no consequences. WTF are you talking about!!!!!!! Consequences??????????????????? LOLLLLLLL
Posted by Mr.Copper
@ 11:55 on August 3, 2020
That MTA stock worked out again today. Remember last week? I brought it to you guys attention? I bought 250 shares, it went up so I bought 250 more shares? Looks like maybe I should double 500 shares, but its 14% higher.
It looks like another one, SROYF is breaking out, 16% today. I see its insider buying news.
SROYF https://finance.yahoo.com/quote/SROYF?p=SROYF&.tsrc=fin-srch
MTA: https://finance.yahoo.com/quote/MTA?p=MTA&.tsrc=fin-srch
FYI, All Royalties I know of in order of market cap:
FNV, WPM, RGLD, OR, SAND, MMX, MTA, EMX, ELYGF, SROYF.
Yes, I know, sometimes they come down just as fast. Look what happened to NAK. Four day up and four days back down to the same spot. Yes we can’t trust all breakouts.
Posted by ipso facto
@ 9:59 on August 3, 2020
Posted by ipso facto
@ 9:42 on August 3, 2020
The Syrian government has accused the US of “stealing” the country’s oil reserves, which Washington claimed to be protecting from terrorists. American lawmakers admitted that a deal has been signed with Kurdish rebels.
When President Donald Trump pulled US troops out of Syria last October, it was not the full withdrawal promised in his anti-interventionist campaign speeches. Instead, a contingent was left behind in areas of north Syria controlled by the Kurdish-led Syrian Democratic Forces, ostensibly to protect the region’s oilfields from Islamic State (IS, formerly ISIS) terrorists.
However, the Syrian government has accused the US of pilfering the oil for itself. In a statement to the state-controlled SANA News Agency on Sunday, the Foreign Ministry condemned a deal signed between an unnamed American oil firm and the SDF, calling the oil extraction “stealing” and the rebels “a cheap puppet in the hands of the American occupation.”
The ministry added that it would consider the deal “null and void.”
https://www.rt.com/news/496918-us-stealing-syria-oil/
Posted by ipso facto
@ 9:33 on August 3, 2020
With gold getting hit there’s lots of green in the PM shares on the opening …
Knock on wood
PS Looks like it’s mostly in the small caps
Posted by Richard640
@ 9:24 on August 3, 2020
Professor Harvey Risch, M.D., Ph.D., is a researcher at the Yale School of Public Health with a specialty in cancer etiology, prevention and early diagnosis, and epidemiologic methods.
HE RECENTLY STUDIED THE EFFICACY OF HYDROXYCHLOROQUINE (USED IN CONJUNCTION WITH TWO OTHER DRUGS) TO TREAT PEOPLE INFECTED WITH COVID-19 AND CONCLUDED THAT THE APPROACH SHOULD BE “WIDELY AVAILABLE” IN THE FIGHT AGAINST THE CURRENT PANDEMIC.
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Posted by ipso facto
@ 9:19 on August 3, 2020
That’s pretty funny … Fauci caught with his pants down! The more I hear of him the less I like him … or trust him.
Posted by ipso facto
@ 9:17 on August 3, 2020
Gold Terra’s Yellowknife Project Is More Exciting Than Detour Lake (20M+ AuOz) says Gerald Panneton
https://ceo.ca/@miningstockedu/goldterra-gerald-panneton
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