Posted by Buygold
@ 8:14 on August 25, 2022
gently chipping away at our meager gains.
Funny how gold and silver seem to run up to a level and just stop, and that level either holds or goes down further. We never just chip away at higher prices.
They’ve managed to turn rates higher, and the USD follows dutifully. So, naturally pm’s and the SM futures don’t care for it much.
Posted by Buygold
@ 7:19 on August 25, 2022
Been thinking about your Snowline, I’ve been waiting for a pull back to try to start a position but haven’t got it.
Their drill numbers must be really strong, is this the next Kirkland Lake? Love seeing these thing blow, I’m glad you’re sitting on some “free shares”.
Posted by Buygold
@ 5:40 on August 25, 2022
So far, anyway. We have the GDP final for Q2, might be important, also getting the PCE numbers.
USD down almost 1/2%. Rates down a few bps.
We get an everything rally at least at the open…
Posted by goldielocks
@ 23:52 on August 24, 2022
I think it’s a mixture of both.
I worked the polls no ID required. People come in and don’t speak English including Asians not a word of English you name it. Think it’s like 98 different languages or more here now.
They let walk in drop off their ballots the kinda of people most likely not to vote these idiots and anarchist and why bring it in and then it sits there till the end of the night no one picks them up to be counted. Not a lot here as far as not even speaking English at all but can’t speak for other areas. I guess it’s not hard to follow the letter D all the way down the ballot.
They should take the party letter off but won’t help high profile like senator, mayors, governors or President. Better require proof of citizenship to vote.
Posted by goldielocks
@ 22:45 on August 24, 2022
Sounds like used cars sales will be going up in California.
Ps The other Cuba.
Posted by goldielocks
@ 22:41 on August 24, 2022
What you said before on how long it takes these “ poor cows “ herd to recover, 3 years looks like there gonna be higher prices for awhile.
Mexicos beginning to look better all the time. I’m going to have to learn the ins and out of illegal immigration.
Posted by redneckokie1
@ 21:52 on August 24, 2022
Possible double top is still intact. The political group that controls the euro should start aggressive defense soon or it will sink to unacceptable levels. The euro is a disproportionate amount of the usdx.
Cattle liquidation in Texas is accelerating. 6-8 months out, hamburger will be $10./lb or more. If the drought continues, ag prices will get really stupid.
Posted by ipso facto
@ 19:39 on August 24, 2022
Posted by ipso facto
@ 17:24 on August 24, 2022
What I can’t understand is how come the citizens of California don’t vote their leftist, Schwab loving politicians out? Too many idiots there? Maybe some vote rigging? I don’t know.
Harvested my potatoes today. After a cool wet spring and very hot summer they are 20% to 30% smaller in size than normal.
Posted by silverngold
@ 15:55 on August 24, 2022
Posted by Maddog
@ 15:35 on August 24, 2022
they really do not give a damn……..and it ain’t their money they are pissing away.
Posted by Maddog
@ 14:38 on August 24, 2022
Re Californicate
Great timing…just great.
Posted by ipso facto
@ 14:30 on August 24, 2022
California to unveil plan tomorrow that will see gas cars BANNED by 2035 and force all new cars sold to be electric only
California will start its ban on the sale of new gasoline-powered vehicles Thursday, which was first announced in 2020
The goal is to stop the sale of all new gasoline vehicles by 2035
This, according to officials, aims to reduce smog and combat climate change
Thursday’s launch will require that 35 percent of new passenger vehicles sold in the state by 2026 produce zero emissions
Then 68 percent by 2030 and ultimately 100 percent five years after.
https://www.dailymail.co.uk/sciencetech/article-11142477/California-sweeping-BAN-new-gasoline-car-sales-TOMORROW.html
Posted by silverngold
@ 13:44 on August 24, 2022
So if that is your game, knowing that the derivative game is rigged…..it’s your eventual funeral. RIP my friend!
Posted by Richard640
@ 12:23 on August 24, 2022
Posted by commish
@ 11:19 on August 24, 2022
Posted by ipso facto
@ 10:24 on August 24, 2022
“China demanding delivery on the crimex”
I’d love to see it even though crimex can pay them off with paper. Others have said that if this happened it would be the end of crimex. We would certainly see a lot higher gold prices!
Posted by ipso facto
@ 10:20 on August 24, 2022
It must irk Xi greatly that China’s economy and the US’s are so intertwined! He’d love to stick it to us but he’d crash his own economy as well.
Posted by Maddog
@ 10:19 on August 24, 2022
more dreams here……what if China is dumping bonds and buying Gold on Crimex….and will demand delivery…..or someone else…..
Someone is buying huge here, as the action so far has been classic scum, sell off from tdys Hi….and they have been leaning on it ever since.
Posted by ipso facto
@ 10:17 on August 24, 2022
Just sold some more Snowline. Couldn’t resist and the RSI is way up there. Still have half.
Posted by Maddog
@ 10:12 on August 24, 2022
Looking at the way Rates are trading, anyone would think someone is dumping in monster Vol…..Xi would surely not help his best mate Vlad out, by doing that…especially if he needs the dosh.
Posted by drb2
@ 10:03 on August 24, 2022
FWIW, over 23 years I don’t see any incidents of silver EVER being down 6 months in a row. We’re in month five

chart is from FinViz if can’t read it
Posted by Buygold
@ 10:01 on August 24, 2022
Rates & the USD.
Still all about silver IMHO
edit – Ipso, geez, your snowline is blowing up another 20%
Posted by Maddog
@ 9:57 on August 24, 2022
Posted by Maddog
@ 9:56 on August 24, 2022
An ETF is a Derivative…..Derivative has a very broad definition….futures are derivatives, as are Credit Default swaps etc