Loading ...This is a second one. I think this older man not a druggy and clean maybe a old surfer not sure and appears intelligent and educated everyone knew and liked. He lived in a tent and sold homemade things I guess.
This is his second video as the first no one knew if he survived and they found him. He said in the first one as he walked away from the long line of blocked cars as the fire went through he could hear in the distance explosions and screaming. This one he feels guilty now which he shouldn’t that he didn’t stop that cop from from keeping all those people from evacuating. He mentions two weeks before, the Gov made changes on the land where they always use a emergency to over step citizens rights. Then this Gov talks about reclaiming the land?
Eyewitness of police blocking roads.
and lo and behold…
dollar up, pm’s up.
Just waiting for the shares to come around.
Ugly reversal for NVDA this am. Does not bode well for the markets.
Ipso
I agree, as well as the one who failed to warn and evacuate the homes. There were children at home during summer vacation, disabled, elderly and pets that are like family to people.
if they had enough warning “ if the roads weren’t blocked they’d be alive today.
I saw a video of a mother and native Hawaiian fight like hell to get back to her 15 yr old kid about to have a birthday who was home alone.
Roads blocked she got out of her car and ran passing police on the way. A guy on a motorcycle helped her and took her as far as they could get to the fire line where they were stopped. This time with a reason. She told them her son is home alone. They told her that area has been evacuated and assured her, her son is safe somewhere and to go back and wait. They lied about it but was it because they knew she would go no matter how bad it was or how long were they preventing people to go back and get people and even pets out.
It took two days for her and family before they let them check their homes. The house was burnt. She went to where her sons bedroom was and said it was nothing she expected. She found her sons outline in ashes with arm around his dog.
So yeah they all deserve more than Gitmo.
goldielocks @ 10:21
Some crazy stuff going on re: the Maui fires! Heads should roll!
… and the guy who limited the water supply to fight the fires … Gitmo’s too good for him.
… and whoever ordered the roads blocked so people couldn’t escape … the same for them.
Ipso
Another part of the collection of the stupid people they put in charge is who gave the orders to the police to block the roads?
They should all be rounded up and sent to Gitmo.
Dumb demos giving their condolences to these losers like Paradise did that shouldn’t even associate to that collective madhouse. The electric company didn’t get out of the paradise fire because they had competent people around. Nor did they block roads or turn the water off on them. There would of been hell to pay. Also the electric guys here don’t block roads during fires or put up power lines in the middle of a fire either. They also don’t sprawl out lines on a active road and act like their live wires the cars don’t want to run over.. They don’t have power on when fixing the lines. It makes me wonder if they were even real electricians plus they waved back help.
Condolences to the people is one thing but to the ones who caused the deaths is like giving condolences to a mass murderer over the loss of his victims.
Great rant about Joe’s visit to Maui
CITIZEN RESPONSE TO JOE BIDEN’S SPEECH IN MAUI *
https://t.co/krd0CaC9ON— The_Real_Fly (@The_Real_Fly) August 22, 2023
‘Children Were Incinerated To Ash’: Livid Hawaiians Slam Biden For Cracking Jokes, Lying About Wife
10 yr. coming back
now flat, and for now the dollar moving higher with it.
Can’t wait for the reckoning that will take place.
Newmont Receives Clearance from Australia’s Competition Regulator to Acquire Newcrest
https://finance.yahoo.com/news/newmont-receives-clearance-australia-competition-213000225.html
Thesis and Benchmark Merger Approved by Court
https://finance.yahoo.com/news/thesis-benchmark-merger-approved-court-193900385.html
Eloro Resources intersects Significant Tin Mineralization (0.17% Sn over 52.75m) in Mina Casiterita Property and also Receives Strong Results from Infill Holes at Santa Barbara Deposit, Potosi Department, Bolivia
https://finance.yahoo.com/news/eloro-resources-intersects-significant-tin-100000213.html
NEW FOUND INTERCEPTS 86.9 G/T AU OVER 5.30M & 29.4 G/T AU OVER 7.75M AT ICEBERG
https://finance.yahoo.com/news/found-intercepts-86-9-g-103000112.html
HighGold Mining Provides Johnson Tract Program Update
https://finance.yahoo.com/news/highgold-mining-provides-johnson-tract-110000121.html
American Pacific Mining Completes Surface Sampling Program at the Recently Acquired Danny Boy Project
https://finance.yahoo.com/news/american-pacific-mining-completes-surface-113000778.html
NEVADA KING INTERCEPTS 1.74 G/T AU OVER 114.3M, 1.05 G/T AU OVER 89.9M, AND 1.09 G/T AU OVER 61M, EXTENDS WEST ATLANTA GRABEN AT ATLANTA
https://finance.yahoo.com/news/nevada-king-intercepts-1-74-113000506.html
Sitka Gold Corp. Announces Fully Subscribed $4M Private Placement
https://ceo.ca/@thenewswire/sitka-gold-corp-announces-fully-subscribed-4m-private
Northern Shield Identifies Visible Gold in Outcrop at Root & Cellar Project, Newfoundland
https://ceo.ca/@newswire/northern-shield-identifies-visible-gold-in-outcrop
Canadian Silver Hunter Announces Execution of Agreement to Sell Lost Dog Property
https://ceo.ca/@newsfile/canadian-silver-hunter-announces-execution-of-agreement
NEW PACIFIC FILES BASE SHELF PROSPECTUS TO REPLACE EXPIRED SHELF PROSPECTUS
https://ceo.ca/@newswire/new-pacific-files-base-shelf-prospectus-to-replace
Omai Gold Drills 4.54 g/t Au over 27.5 m, 1.83 g/t over 25.5 m and 2.37 g/t over 12.5 m in Hole 23ODD-065 at Wenot
https://ceo.ca/@newsfile/omai-gold-drills-454-gt-au-over-275-m-183-gt
Sierra Metals Announces Mineral Resource Expansion at Bolivar Mine in Mexico
https://ceo.ca/@newsfile/sierra-metals-announces-mineral-resource-expansion
Golden Tag Files NI 43-101 Technical Report on Mineral Resources for La Parrilla Silver Mine Complex
https://ceo.ca/@newsfile/golden-tag-files-ni-43-101-technical-report-on-mineral
Aya Gold & Silver Announces High-Grade Drill Results at Tijirit
https://ceo.ca/@newswire/aya-gold-silver-announces-high-grade-drill-results-a6a59
Updated PEA for Velardeña Properties (Durango, Mexico) Shows $87.6 Million After-Tax NPV
https://ceo.ca/@businesswire/updated-pea-for-velardea-properties-durango-mexico
Headwater Gold Commences Drilling on the Midas North Project, Nevada
https://ceo.ca/@thenewswire/headwater-gold-commences-drilling-on-the-midas-north
Steppe Gold Files Updated Preliminary Economic Assessment for the Tres Cruces Oxide Gold Project
https://ceo.ca/@globenewswire/steppe-gold-files-updated-preliminary-economic-assessment
Dundee Corporation Announces Acquisition of Senior Secured Notes and Units of Maritime Resources Corp.
https://ceo.ca/@globenewswire/dundee-corporation-announces-acquisition-of-senior
Reunion Gold Announces Positive Metallurgical Test Work for its Oko West Project in Guyana
https://ceo.ca/@globenewswire/reunion-gold-announces-positive-metallurgical-test
Great Southern Copper welcomes high-grade gold-copper results
https://ceo.ca/@thenewswire/great-southern-copper-welcomes-high-grade-gold-copper
Mako Gold welcomes significant manganese discovery at Korhogo
https://ceo.ca/@thenewswire/mako-gold-welcomes-significant-manganese-discovery
Toubani Resources developing next major gold project in West Africa
https://ceo.ca/@thenewswire/toubani-resources-developing-next-major-gold-project
drb2 – my first foray into PM’s was in 1967
on the occasion of the centennial of Canada’s confederation. The Canadian mint issued new coinage and offered a beautiful boxed set of a gold coin and all of the silver coins . The interior was white satin with indentations for each coin , while the exterior was royal blue velvet plush . The box itself was hinged with a spring loaded snap lid . I cannot remember the price , but I was still a college student at the time , so it could not have been too much .
As an aside , my maternal grandmother was born in 1867 , the year of confederation. I was her only grandchild , born when she was 73 .
The morning begins
10 yr. down 3 bips, dollar flat. Oil flat, hanging just above $80. Spot gold sitting just above $1900. futures @ $1930. Silver up $.10. Shares firm, hoping for some share strength after a relatively weak day yesterday – seems the silver shares have some catching up to do.
Bitcoin down $100, just above $26K
Not sure what eco data is out today, but does it really matter? Jackson Hole coming up, I’d think Powell will remain hawkish, mostly because he knows what’s coming, and he can’t stop it.
Lastly BRICS meeting finally arrives. No doubt the MSM will not report, so we’ll likely get whatever tidbits from ZeroHedge.
MSM focused on the debates among the lightweight contenders. The only person I want to hear from is Ramaswamy, although DiSantis would do well to take the advice of his handlers and come out strong in support of Trump. That’s what our people want, to see leaders stand against the corruption of big government and media.
China’s 40-Year Boom Is Over. What Comes Next?
My friend sent me this today. “Once again you called it long before the WSJ.”
full article:
For decades, China powered its economy by investing in factories, skyscrapers and roads. The model sparked an extraordinary period of growth that lifted China out of poverty and turned it into a global giant whose export prowess washed across the globe.
Now the model is broken.
What worked when China was playing catch-up makes less sense now that the country is drowning in debt and running out of things to build. Parts of China are saddled with under-used bridges and airports. Millions of apartments are unoccupied. Returns on investment have sharply declined.
Signs of trouble extend beyond China’s dismal economic data to distant provinces, including Yunnan in the southwest, which recently said it would spend millions of dollars to build a new Covid-19 quarantine facility, nearly the size of three football fields, despite China having ended its “zero-Covid” policy months ago, and long after the world moved on from the pandemic.
Other localities are doing the same. With private investment weak and exports flagging, officials say they have little choice but to keep borrowing and building to stimulate their economies.
Economists now believe China is entering an era of much slower growth, made worse by unfavorable demographics and a widening divide with the U.S. and its allies, which is jeopardizing foreign investment and trade. Rather than just a period of economic weakness, this could be the dimming of a long era.
“We’re witnessing a gearshift in what has been the most dramatic trajectory in economic history,” said Adam Tooze, a Columbia University history professor who specializes in economic crises.
What will the future look like? The International Monetary Fund puts China’s GDP growth at below 4% in the coming years, less than half of its tally for most of the past four decades. Capital Economics, a London-based research firm, figures China’s trend growth has slowed to 3% from 5% in 2019, and will fall to around 2% in 2030.
At those rates, China would fail to meet the objective set by President Xi Jinping in 2020 of doubling the economy’s size by 2035. That would make it harder for China to graduate from the ranks of middle-income emerging markets and could mean that China never overtakes the U.S. as the world’s largest economy, its longstanding ambition.
Many previous predictions of China’s economic undoing have missed the mark. China’s burgeoning electric-vehicle and renewable energy industries are reminders of its capacity to dominate markets. Tensions with the U.S. could galvanize China to accelerate innovations in technologies such as artificial intelligence and semiconductors, unlocking new avenues of growth. And Beijing still has levers to pull to stimulate growth if it chooses, such as by expanding fiscal spending.
Even so, economists widely believe that China has entered a more challenging period, in which previous methods of boosting growth yield diminishing returns.
Some of these strains were apparent before the pandemic. Beijing was able to keep growth ticking over by borrowing more and relying on a booming housing market, which in some years accounted for more than 25% of China’s gross domestic product.
The country’s initial success in containing Covid-19, and a surge in pandemic spending by U.S. consumers, further masked China’s economic troubles. The housing bubble has since popped, Western demand for Chinese products has ebbed and borrowing has reached unsustainable levels.
The outlook has darkened considerably in recent months. Manufacturing activity has contracted, exports have declined, and youth unemployment has reached record highs. One of the country’s largest surviving property developers, Country Garden Holdings, is on the cusp of a possible default as the overall economy slips into deflation.
My brief response:
Thanks Kev, Right, they all peaked and reversed in the 2008 financial meltdown. I also predicted long ago that China would be the next fake rivalry like we had the USSR cold war bull shit, not a shot was fired. Re this one part:
“For decades, China powered its economy by investing in factories, skyscrapers and roads. The model sparked an extraordinary period of growth that lifted China out of poverty and turned it into a global giant whose export prowess washed across the globe.”
China did not wake up one morning and say they would be the global vendor. There was a set or long term fixed exchange rate about 7 yuan to one dollar, allowed to float slightly to appear like a free market.
Plus our gov’t gave tax incentives to American businesses to rotate over there. China in 2008 is where the USA was in 1970, peaking out. From the start US businesses were salivating to sell into the billions of people there that would come later, with western investment. But the rotation came too late, a forced rotation because the USA is now broke. Things that have to happen, happen.
Is the Fed losing control of the bond market?
or is this what they want. I personally think rates are going into the teens and stuff is still going to get more expensive – at least food and energy, Still think the dollar and rest of the western currencies are failing.
Time will tell. Like drb2, I’ve been wrong for 20+ years. That voice in my head is also whispering “not long now.”
I’ll tell no one, they don’t understand and don’t want to know anyway.
We’ll see, but only if we’re forced by the rest of the world. As far as the BRICS, they said they won’t be announcing any single backed currency tomorrow
The US has been enthralled by three destructive concepts… all of which are set to come to an end when gold returns as the focal point of the BRICS nations’ monetary reform project…
HL Shares getting clobbered
UPDATE 1-Hecla says production impacted at Idaho mine after fire incident
@ Alex Valor RE: “I too, hope that you are wrong.””
Hi Alex,
Way back in the early 1990’s, when I was first introduced to the scam of “money-created-out-of-thin-air-as-debt”, I thought to myself – “How could I have been so stupid !? This explains why the world is so screwed up!”
I was afraid that, if I knew about this, so would a whole lot of other people – it was sooo obviously wrong and evil. I thought things would move quickly and I jumped in with both feet.
Now after 30+ years of getting my teeth knocked out (and my pocket picked!!), I (almost) believe that the enemy is invincible.
What gives me pause is a small voice inside my head saying that they are just waiting for me to give up…that the event will happen suddenly… and it will be almost impossible to get in once it begins.
“They”, of course, will already be positioned to benefit.
at I do see as real is that the world is in a condition that I have hoped I would not live to see. Things are definitely “weird”. Something is coming up. When that will be is the question.
The action the last few days looks a lot like ‘shaking the tree” for the last few apples (me) to fall.
Just my 2 cents – certainly NOT investment advice – I have been wrong forever.
Another New High On The Ten Year Bond at 4.38%
The last time the rates were this high, 4.38%, was 10/22/22, and it had Gold down to $1,625. Here we are with the ten year at that same hight, and Gold is sitting on $1,922 today. Bottom line? The higher rates are not working. Or the higher rates ARE working to hold Gold DOWN to $1,922.
Gold: https://finviz.com/futures_charts.ashx?t=GC&p=d
Note 10 year at this height (click on 1 year) in 10/17/22:
https://finance.yahoo.com/quote/%5ETNX?p=^TNX&.tsrc=fin-srch
The idiots running things can’t win anymore.
Drb – I concur
and probably the only time in memory that I tell someone “I too , hope that you are wrong.”
SILVER
Silver is starting to look like it is tired of being pushed around.
@ Deer 79 RE: “a new BRICS currency, potentially backed by Gold and/or silver, simply a “nothing burger?”
That is the question I have also wondered since the BRICs first brought up the possibility.
One would have to think that by now the rest of the world would be damn sick of being pushed around by the Western Banking crowd. On the other hand, every tin pot dictator also loves having their own fiat to bully those in their sandbox.
After 70+ years of total domination, it is hard for me to envision the PTB suffering a total defeat. I hate to say it, but my guess would be this subject will drag out for longer than I will be alive.
Sure hope I am wrong ?
I find it curious
That very little has been talked about as far as the BRICS meeting happening tomorrow………..
Is the previous talk of a new BRICS currency, potentially backed by Gold and/or silver, simply a “nothing burger.”
Or is this relentless boot on the neck of Gold and silver, a message being sent to the BRICS that we will stomp on the metals whenever and however we want????
Taking into account what we’ve been doing we can hardly complain about this
BREAKING:
??President Daniel Ortega signed a decree allowing the construction of Russian military bases and the deployment of cruise missiles in Nicaragua.
We are going back to the period of the Cuban Missile Crisis when the United States placed missiles in Turkey, and the… pic.twitter.com/Q87xcGcYCR
— Megatron (@Megatron_ron) August 20, 2023