How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...Seems to me, the SM might start to pull back.
Mortgage Apps fell 1.8% last week – surprising. My bet is that housing lightens up here soon despite the lower rates.
SM and Housing pull pack and things should get dicey for the USD. Still, pm’s aren’t ripping yet.
Yeah, this day is probably already over, but hey, it might be either fun or depressing to watch.
LBMA is covering of the Crimex shorts. SSDD
edit: shares of course look like garbage
Chile’s environmental watchdog is “weeks away” of issuing a decision on whether Gold Fields (TSX, NYSE: GFI) harmed a group of 25 short-tailed chinchillas by attempting to move them so it can access 3.5 million ounces of extractable gold in the country’s north.
Hunted for centuries for their thick, soft pelt, chinchillas are now only found in the wild in parts of Chile and are protected by law. Chief executive Nick Holland acknowledged in 2017 the animals were among the main obstacles facing the company at the Salares Norte asset.
Wellbeing of 25 chinchillas weighs on Gold Fields access to 3.5 million gold ounces
Yes I agree. The dollar strength is an illusion. Reality is coming soon I think. Thanks for the video.
Antioquia Gold Cisneros Operations Update
https://finance.yahoo.com/news/antioquia-gold-cisneros-operations-183700700.html
Lion One Drills Additional High Grade Intercepts at Tuvatu Gold Project in Fiji
GR Silver Mining Reports Wide Gold and Silver Zones from the Final Drill Holes to be Incorporated into the Plomosas Mine Area Resource Estimation
https://finance.yahoo.com/news/gr-silver-mining-reports-wide-101500107.html
Skeena Intersects 110.22 g/t Au over 4.41 metres at Snip Gold Project
https://finance.yahoo.com/news/skeena-intersects-110-22-g-115500308.html
Westhaven Hits High-Grade Gold at Multiple Zones at Shovelnose: Drills 76.33 Metres of 2.93 g/t Gold at South Zone and 4.18 Metres of 5.26 g/t Gold at FMN Zone
https://finance.yahoo.com/news/westhaven-hits-high-grade-gold-110000139.html
Troilus Drills 4.72 g/t AuEq Over 7 Metres and 22.51 g/t AuEq Over 1 Metre Within a Broader Intersection of 1.57 g/t Over 31 Metres in the J Zone
https://finance.yahoo.com/news/troilus-drills-4-72-g-110000330.html
Aztec Receives Initial 2021 RC Drill Results from Tombstone Project, Arizona; Intersects Broad and High-Grade Gold-Silver Mineralized Zones; Including 5.71 gpt Gold and 40.5 gpt Silver (6.282 gpt AuEq) over 32.01 m
https://finance.yahoo.com/news/aztec-receives-initial-2021-rc-113000653.html
Parral Reports Tenth Consecutive Quarter of Positive Cash Flow on Production of 575K AgEq Oz
https://finance.yahoo.com/news/parral-reports-tenth-consecutive-quarter-113000999.html
Re Fed minutes
Yes I saw that somewhere…..scum just clipped oil for 2 dollars, just as it was threatening to make back a chunk of ytstdys losses…which were all due to total BS story that OPEC had collapsed, due to not agreeing with UAE’s request for a larger quota.
OPEC fights like cats and dogs, always has, always will…..
Just saw rates…that shud not be happening….but with scum anything can happen.
Someone correct me if I’m wrong, but I think we have to suffer through the Fed Minutes today.
Haitian President Jovenel Moïse assassinated at home, official says
https://www.google.com/amp/s/www.foxnews.com/world/haitian-president-jovenel-moise-assassinated.amp
Gazprom blows the EU a raspberry
It seems like a illusion. Like the dollar moving up while the actual value of the dollar tanks thanks to gov feeding the rich institutions like to buy up every property, not to mention enriching the tech with shut downs and for collaborating with their divisive diversions and censoring and propping up the market so it can’t correct.
Now if they can switch to digital currency so goes more of your freedom he gives a run down on.
Here is a update although a month ago with Max Kaiser talking to Simon. Simon predicted the correction in bitcoin and wasn’t the first one during its rise.
He says it’s in a 12 yr bull market. When the 12 yr started I don’t know.
Might be good to hold some as another safe haven from banks and the unraveling system.
Armstrong put out a article on how Spain just passed a bill that can confiscate people money and homes based on vague emergencies. Europe memory of WW11 is pretty short and at lest them they could get into Swiss banks and gold.
Simon predicts the future of cryptos and fiat.
On the remarks don’t go for that crypto site they’re spamming or falling into it’s a possible scam.
Any reduction in the continuous beatings would be welcome!
Never made it through his first shift.
It’s possible just watch that chart and see if it holds when it hits support. We don’t know where it’s going long yet with this mixed messaging but silver despite being down today and may not be done yet has picked up a little momentum for a future bounce.
That was pretty interesting and the rumors and comments out there like about booster shots and what she found. Her comment on how they could demand one every six months or even more often I hope would wake up the masses if they tried to pull that one. How can you claim emergency use on a untested vaccine in the wake of so many serious adverse effects and say it needs to be given on a regular basis for a certain amount of months or the rest of your life and still calm it emergency use free from accountability.
It’s good she had the forms on her site.
With her financial history I’d be more interested to hear her opinion on the economy. She might have them out there I’ll just have to look for them.
The dollar didn’t rally today it sold off but not by much. Something like 92.57 to 92:51 or .41 or something It’s been on a run though.
Yeah if down starts to sell off people could run to the dollar. Check the volume of both.
Maybe I misunderstood, the USD is rallying today as are bonds with rates down. None of it makes sense to me, although I guess if stocks go down I suppose that money goes into the dollar via money market funds.
That being said, gold and silver should be rising, especially silver with oil on the way up.
These shistick banks continue to keep money from coming into our little sector. Disgusting.
Todays Newsday page a13 a Ford Explorer was rear ended by a drunk. As soon as I saw that photo? I thought, holy shit, it must be unibody construction? They were always body on frame. The cops were not in the car. And Media said hit so hard the frame got bent. I Googled it, in 2011 Explorer started cheap unibody.
Re Ralph Nader and his bashing American cars decades ago, the people need to know, unibody (a sheet metal enclosure like aircraft) will collapse on impact and often the doors jam and you can’t get out.
Recently near by an imported car got rear ended, went up in flames, only the wife got out. husband and two kids got burned up. That’s another thing, fires are very often with these gas saving imports. Also I’ve often seen them upside down or on their sides and Media says nothing.
https://www.newsday.com/long-island/nassau/nassau-police-crash-dwi-1.50297846
I don’t know except things that are more liquid including silver also used in manufacturing but it can tend to follow gold if it turns to a bull market.
I haven’t checked everything since I’m basically not in equities except one stock that’s “ supposed “ to go higher up with indicators pointing to a sell off or at least sideways move I’m confused myself lol Although I know if a impending sell off coming I could be a day too late. Haven’t checked but could be global and looks like China is making some changes in trading.
How can they say inflation is easing.
News Article
U.S. Stocks Move Lower After Record Close; The S&P 500 index slips after its seventh record closing high Friday
12:41pm ET 7/6/2021 Editor’s Picks
By Will Horner and Alexander Osipovich
Major U.S. stock indexes fell Tuesday, retreating from record highs hit last week.closed at a record highThe S&P fell 0.6%, signaling a potential halt to its recent winning streak. On Friday, the broad-based index closed at a record high for the seventh consecutive trading session, its longest record-setting streak since 1997. The Dow Jones Industrial Average slid 328 points, or 0.9%, while the technology-heavy Nasdaq Composite declined 0.2%. U.S. markets were closed Monday for the Independence Day holiday.exacerbate volatilityThere wasn’t a clear catalyst for Tuesday’s drop, which came during light summer trading volumes. Thin trading activity can exacerbate volatility, as many investors are on the sidelines.the labor market recoveringU.S. stock indexes had ground higher in recent weeks, lifted by signs of the economy rebounding and more fiscal stimulusthe labor market recovering. Inflation concerns have also eased, and major central banks have signaled that they will leave accommodative monetary policies in place for now. Investors say they are now looking for fresh catalysts, such as strong corporate earnings reports or more fiscal stimulus, to power the next leg of the rally in stocks.’It just may be time for a little bit of a breather or a pause in the pace of equity market returns,’ said Chris Dyer, director of global equities at Eaton Vance. ‘A lot of the good news is priced in and I think that makes it a little bit more tricky for the equity markets to grind higher in the short term.’New data released Tuesday showed that growth in the U.S. services sector eased in June compared with the previous month, as demand slowed and firms struggled to find candidates to fill open positions. The Institute for Supply Management’s purchasing managers index for the services sector fell to 60.1 last month from the 64.0 record high registered in May. While that still reflects a high pace of growth, it fell short of economists’ forecasts that the PMI would come in at 63.3.A separate ISM index tracking services-sector employment activity fell to 49.3 from 55.3, entering contraction territory after five months of growth.One possible factor for the market’s hesitation
is the rise of the Delta variant of Covid-19, said Jason Pride, chief investment officer for private wealth at Glenmede. While the variant is unlikely to provoke full-scale lockdowns, it could lead to renewed mask mandates and slow the recovery, he said.’It has a dragging economic effect when you put in those kinds of policies,’ Mr. Pride said.Investors are also keeping a close eye on the Federal Reserve, which on Wednesday is set to release minutes from last month’s rate-setting meeting. The minutes could give insight into how soon the U.S. central bank might begin to taper its asset purchases or raise interest rates. Easy-money policy from the Fed has helped underpin the stock market’s rally in recent months.The yield on the 10-year U.S. Treasury note fell to 1.382%, from 1.434% on Friday. Bond yields and prices move in opposite directions.In company news, shares in Didi Global slumped 21% after China announced a cybersecurity probe of the ride-hailing company just days after it went public. Other large U.S.-listed Chinese companies also fell, with American depositary receipts for Baidu, Pinduoduo and Bilibili all declining at least 4%.Two other U.S.-listed Chinese companies, Full Truck Alliance and Kanzhun, also retreated after China said it had begun a similar data-security investigation into their apps. Full Truck Alliance tumbled about 17% while Kanzhun fell 15%.Oil prices retreated from recent highs, amid questions over whether production will keep up with rebounding energy demand. Futures on West Texas Intermediate, the benchmark for U.S. crude, declined 2.1% from Friday to $73.59 a barrel. Earlier in the session, WTI futures rose 2.4% to their highest intraday level since the energy-price crash of late 2014.Futures on Brent crude, the benchmark in global energy markets, fell 3.1% to $74.77 a barrel. Brent rallied Monday when members of the Organization of the Petroleum Exporting Countries and their allies called off a meeting after failing to reach an agreement on raising output.’Market participants interpreted the â??no deal’ to mean no further barrels entering the market in August,’ said Giovanni Staunovo, a commodity analyst at UBS Wealth Management in a note. ‘The oil market is already tight, and with no further OPEC+ supply imminent, it is likely to tighten further.’Gold futures climbed 1% to $1,800.90 a troy ounce, their highest level in three weeks.Overseas, the Stoxx Europe 600 fell 0.5%.Asian markets were mixed. Japan’s Nikkei 225 edged up 0.2%, while Hong Kong’s Hang Seng Index slipped 0.3%. In mainland China, the Shanghai Composite Index weakened 0.1%.William.Horner@wsj.comWrite to Will Horner at alexander.osipovich@dowjones.comWilliam.Horner@wsj.com and Alexander Osipovich at alexander.osipovich@dowjones.com
