Loading ...He’s playing hardball no doubt about that. I think I can hear the lefties screaming from here! 🙂
ipsofacto
You gotta admire the way the Donald operates, he is going to create the most almighty row over that Fed funding and by the time it clams down, the only person who will not be aware of what the Dems are upto will be Bigfoot !!!!!
Trump Orders Feds To Begin Process Of Defunding New York, Portland And Other “Lawless” Cities
The feud between Trump and liberal cities which encourage protests which seeking to defund the police escalated sharply on Wednesday, when the President ordered the federal government to begin the process of defunding New York City, Portland, Seattle and Washington, cities where officials allowed “lawless” protests and cut police budgets amid rising violent crime.
In a five-page memo sent to federal agencies on Wednesday whose subject is “Reviewing Funding to State and Local Government Recipients of Federal Funds That Are Permitting Anarchy, Violence, and Destruction in American Cities” and signed by Trump, the president orders them to report to the White House Office of Management and Budget on any funding that could be redirected. New York City, Portland, Seattle and even Washington, DC are among the initial targets of the measure.
“My Administration will not allow Federal tax dollars to fund cities that allow themselves to deteriorate into lawless zones,” Trump says in the memo, which mentions New York Mayor Bill de Blasio by name twice. To ensure the federal funding is not wasted or “spent in a manner that directly violates our Government’s promise to protect life, liberty, and property, it is imperative that the Federal Government review the use of Federal funds by jurisdictions that permit anarchy, violence, and destruction in America’s cities.”
In a tweet late on Wednesday, Trump followed up the memo by saying that his administration “will do everything in its power to prevent weak mayors and lawless cities from taking Federal dollars while they let anarchists harm people, burn buildings, and ruin lives and businesses. We’re putting them on notice today.”
Pretty obvious we have buyers in metals here…but scum are only interested in stopping all rallies
any normal trader would let the buyers come to them.
“Poisons Regional Peace”: Turkey Enraged After US Lifts Decades-Old Arms Embargo On Cyprus
https://www.zerohedge.com/geopolitical/turkey-enraged-after-us-lifts-decades-old-arms-embargo-cyprus
Good for the US ….anything that pisses off Erdogan is good news.
Morning Maddog
Looks like the USD has a little juice for the second day in a row.
See if it can hold a sustained rally.
Maddog 07:17 Coffee Time
Yup
Push gold down, DOW looking like 30,000 is in the bag
Onward Pilgrims
Winedoc
scum sniffing sub $ 1900 Gold
to make sure everyone thinks PM’s ain’t worth spit.
Hippocratic Hypocrisy. Worth absorbing what they are disclosing. The truth about Allopathic medicine
If you want to know how this “modern medicine fraud” applies to Covid-19, just skip to about 32 minutes and watch the rest. It gets very specific!
treefrog
I can smell that coffee from here. Always tastes better outside, by a river, in the mountains. 🙂
SNG/IPSO, 21:31
hiking in the woods? just camping and relaxing in the woods.
death before decaff !! making coffee at a campsite beside the gila river.
gila hot springs campground, 25 or 30 miles north of silver city, new mex.
SilvernGold no need to rush off.
Hang around awhile. We need you as much as you need us. You have ages of experience so lie low for a while and speak your mind when you want in this public forum. Many speak, few listen. Your presence here adds to the value of this forum.
silverngold
“The thought comes that maybe it’s time to …………………………………………..”
Go hiking in the woods! Best to you my friend! 🙂
Great doom porn on ZH today-this oughta be good for another 1000 DOW points by Fridays close
The inevitable crash that will occur sooner or later could be one of the worsts crises since the 1929 crash, and perhaps since the burst of the South Sea Company bubble. What people fail to understand, is that the big tech mania is likely to lead to a massive funnel effect.Â
First, the level of concentration is at a record level as everyone is rushing to buy the same technology shares or large cap ETFs (see To Be Passive is to Let Others Decide for You). Second, short volatility bets are a big threat, as many investors (especially structured funds) believe that selling puts has become risk-free thanks to the “Fed put” (see Stranger Things). Last but not least, more and more traders are now buying short-term out of the money call options, forcing market makers to hedge their books buying index futures or stocks.Â
Needless to explain why this “concentration + short downside volatility + gamma squeeze” cocktail is highly explosive. When it reverses, or at least when the tech bull run stops, then you may expect a record volume to the downside. Everyone will become a seller of the same securities: retail traders, ETFs, options sellers, market makers, and every trend follower on Earth.
ipso facto @ 16:43 Yes, that’s the ideal IMO. Get as self sustaining as possible without sacrificing life’s pleasures; then enjoy life as long as you can.
My dilemma is I am approaching the age of DIRT, and the things I used to do before breakfast I now have trouble completing before bedtime. but by all accounts I have had a wonderful life. From childhood to teen to young adult to climbing the corporate ladder I had amazing success, because that’s what I wanted. Then at age 30 my cardiologist said “quit or die, the stress is killing you”, so I left an executive position in DC and began making a major lifestyle change, took my young family and went back to the land in BC in the mid 1970’s. I was fortunate to have these health things happen while I was a winner and at the top of my game. My greatest asset is my wife who is a generation younger but it has helped me by trying to keep up. She’s the best.
The thought comes that maybe it’s time to ………………………………………….. (fill in the blank) We all have our own answer. Best to You My Friend from Silverngold!
Mr.Copper @ 15:21 re: mining companies
Skeena Resources has been good to me. Got in at the 30-40 cent range. Sold a few on the way. Now if I can just find another like that!
silverngold
You know I would never say that some post about a junior’s earnings or drill results was as important as another that warned us of what the Evil Ones were up to. But I think there’s room for them both here.
Doing well financially gives us options such as being able to get farther out from the population centers. That is my goal. It is an important survival attribute to have choices and not be stuck somewhere city-like when the SHTF.
Cheers
Maddog
I’d love to see one of those drilling ships sink “accidentally.” Who could of done it? I dunno! 🙂