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No problema! 
Hey we did OK today! Do we dare hope … one of these days!
re 14:42 I think odds favor we start getting up leg from down here.
Upside breakout, Gold up $36.60, (2.13%) Silver up .51 (2.74%) After market no less. Its about time. AU AG is saying FU ha ha to high dollar the Feds Rate hike.
I’m sure the Fed figured AU and AG would take a beating today. Now they will be forced to make bigger threats.
Oh, sorry Ipso
I pulled them off my TD site. I guess they don’t allow copy and paste of their releases.
I’ll pull em’
Buygold @ 18:19
Links going to Ameritrade Log in?
Platinum
Platinum appears to be a buy here. I hope it’s confirmed by Friday.
6:48pm–ON FOX BIZ TV AND ON MY COMMOD QUOTE SITE GOLD APPEARS TO HAVE GAPPED UP ABOUT $14.60
FOR DEC22 @ $1752….IT SEEMS TO BE ACCURATE—WHO KNOWS WHAT THE MORNING WILL BRING
BUT FOR NOW IT’S JUST FINE!
[pardon the caps, si vous plait]
USA Watchdog with Greg Hunter and Bill Holter
I’d suggest you listen to what Bill says about silver and gold…..and Derivatives….and then remember that ETF’s are Derivatives….FWIW!!
Build back better
FOX reporting that Manchin has agreed to some form of Biden’s bill that failed earlier.
McConnell the turtle got his dumb ass swindled again, helped the demonrats get through a gun control bill and then he also helped them with this pork filled “chips bill”.
I’m sure he didn’t actually get swindled, he was in on this with his little band of RINO senators as long as they get the kickbacks.
Now, if there’s anything bullish for gold this should be. Another $2 Trillion set to hit the economy. Also, the rats are raising taxes – into a recession no less. The whole lot of these people have to be intentionally trying to crash the currency and economy.
AEM AGBICO EAGLE released earnings after hours today–they musta been good—up 2.49. [6.3%]
42.00
+2.49 (+6.30%)
Volume
39,664
Close
39.51+0.03 (+0.08%)
Well
if we are to have any prayer of a rally starting, we’re going to need a weak GDP report tomorrow. At least -1.5% or so.
Even then, we might get another “everything rally” where we go up, but less than everything else like today.
That might not be enough. Today was nothing more than a weak bounce at best.
Powell said they’d be taking it month by month and are targeting 3% for core CPI – ex food & energy.
Maddog 15:57
Right, he’s at war with housing prices but he and the WH printing press was part of the problem allowing interest rates too low too long without ANY thought to factoring in the printing and spending when the rates went back up so housing and inflation paid the cost. Now the WH wants to raise taxes amongst too many taxes including rising property taxes as is and inflation so we can pay for it.
Mr.Copper
Re rates
Agreed,…..they can’t raise rates v much….I forget whet the level is…I think 4 %….at that rate rate it will take all the governments income from tax, just to pay the interest on the debt. !!!!!!
If it wasn’t for the airline trip from hell I could get a free trip to Florida by someone who is aware of airline I took to another one instead to bring her designer fur baby dog to Florida. Another Californian expat had enough but has family there.
Commish
Schwab ..having a old age temper tantrums again? Maybe he needs some meds. But if he insisted start with his and his friends and family’s car, and any private boats and jets they might have. Climate change and the greater good. Also let’s limit square foot of housing per household. Cant have someone like him powering, cooling and heating a oversized house using up all that energy just for himself. No pesticides or nitrogen fertilizer on his yard. In fact it’s a waist of water for one person. It’s wasteful. I’d say he should add more bugs to his menu instead of waisting a whole animal just for him but geo engineering is killing them off two so maybe Gates can make him some fake meat.
Stunning
despite the rally in the metals, NEM is down. Unreal.
No doubt the metals will fade into the close.
The Plan?
Many theories are out there regarding how the Dems are going to get Biden out of the WH, but this may be the most realistic yet.
commish
The made pitchforks for that pig Schwab……and Lamposts.
@ ipso facto The Macho 3/4 point higher, plus the Macho Dollar on Highs Gold Looks Macho Too
In fact if they didn’t raise rates and the dopey/dollar was back around 80, Gold would probably be over $2200 easy. I think odds favor we start getting up leg from down here.
It sounded hawkish to me too, but Wall Street liked it. Or maybe it was just a short squeeze. The last 3 FOMC meetings have seen huge rallies only to be followed by massive dumps on Thursday.
It was so hawkish that yields dropped and assets rocketed higher. Can you imagine if he actually raised rates a meaningful amount? Everything would have been limit up.
Please share whatever you’re smoking!
Arya Stark,
Hahahaha, you’re part of the problem that Powell is trying to stamp out. You people don’t get it: the more markets fight the Fed, the more the Fed has to hike rates because it’s through the markets that the Fed transmits its monetary policies to financial conditions, and tightening financial conditions are what lowers demand, which is what tamps down on inflation.
The longer markets fight this, the higher rates will be going.
Also, here is the J-Pow trade.
It worked twice in a row already. And now we’re doing it for the third time. We need confirmation tomorrow.
I described the J-Pow trade last time:
1. go long at the end of the day before the FOMC meeting to cash in on the Powell ramp-up.
2. sell during the press conference
3. go short at the end of the press conference to cash in on the drop at the end of the day and on the big dive the next day.
Happened exactly that way the last two times. Waiting for confirmation tomorrow. It would be a hoot to have this confirmed.
https://wolfstreet.com/2022/06/16/morning-after-j-pow-second-time-in-a-row/