” like bombing and then rebuilding Gaza for only one example.”
The big construction cos are licking their chops!
” like bombing and then rebuilding Gaza for only one example.”
The big construction cos are licking their chops!
Thanks for the info, I never thought the French elites liked German influence, an interesting point. Many years ago I heard that Hitler didn’t really want to bomb Londen, because he said “They are just like us” .
The original agreement was to not bomb the cities. So the Germans started bombing the Royal Airforce on the ground, so England, to stop that, they started bombing German cities, encouraging the Germans to stop bombing the Royal Airforce and bomb Londen.
Never under estimate the power of unbacked paper money to finance wars. Thats why they created the Federal Reserve System, of 1913 so the US could finance foreign wars. Note WW I 1917.
Your right, many good points, agreed. Plus, the slow weaning the US off the gold standard starting in 1913, has the original US Dollar down to a fed note penny I’ll bet. So anyway, people naturally put their savings into stocks bonds and real estate.
So, if everything is in reverse, my belief since 9/11, than over time stocks bonds and real estate will go down and the value of the US Dollar (and or gold) will rise in value. Try to imaging a new US made car for $300 and a penny buying a US Stamp again.
In my view the people behind the scenes in the gov’t know this and have been taking advantage of the Fiat money still working, so they keep printing and pissing them away, like bombing and then rebuilding Gaza for only one example.
It’s a shame that we aren’t still on the gold standard. Going to a full fiat money system has caused terrible inflation and allowed those in control to siphon off more of the GDP than they should be entitled to, also it allows for a much higher amount of corruption than before. Fiat currencies always crash and burn and there is no reason to think the dollar will be different. Five years 25 years … who knows.
Cheers
PS I remember when being just a youngster that my Dad was all pissed off at the French for taking our gold! LOL
Yr right it was France that forced Nixon to cancel the Gold Standard, by trying ti take all yr Gold……typical French…the elites there hate that you rescued them from the Germans.
The normal people love you for it.
“been a long time”
LOL near half my life time I think! ![]()
Not really liking the fact that Calibre has some operations in Nicaragua but cest la vie.
Thats true, I was employed in manufacturing since 1962, and by 1970 I knew it was over. I think I mentioned it hear long ago, that foreign countries in Europe, France I thing was the worse, were redeeming exported US Dollars for our Gold at $35/oz official price, but it was trading for $140 per oz unofficially.
So the US had to stop our artificially cheap gold outflow. So after we cut them off at the knees, they proceeded to take away our manufacturing jobs instead. Like Trump said, Europe was always taking advantage of the USA. When I was a kid I was calling us the United States of Europe. Now I’m thinking we are the United States of Israel. 🙂
I think you’re right brother and for the first time in awhile it may not matter what the SM does. That would be the hope anyway. I like to that we’re seeing money come in across the board and the midgets are starting to see some buyers. Been a long time.
Seems to me the shares have some catching up to do. Enjoying the action!
Heavy, heavy volume in these shares out of the gates. The only thing that I have on my screen that is red is AG. Some of these things are flying.
I think we’re going higher in the metals, maybe much higher if these shares keep going.
when NEM is up over $1
Shares blowing up at the open. HUI almost up to 330 – 335 resistance.
Beautiful. Finally. Hope it holds.
Yeah their out there all over the place like buygold said gashing of teeth having a melt down. It’s also showing is how stupid. Like their breach of Fiduciary duty and outright theft that put us in this debt and the things they spent it on with no regard on price and costs either of other people’s money.
They should publish a new list every week.
I posted the other day that when the 50 Av’s drops to kiss the 200 AV , or briefly drops below and then recovers back up, which can happen over quite some time, it is often the start of a big bull run……well the PM shares and Silver are doing just that so far….
Plat and Pall are gonna be wild until this tariff stand off gets understood …Elon’s family still live in SA, especially his dad, so President Trump is well aware of the true situation and so far the SA government is telling Trump to rotate.
I think yr dead right about lousy liquidity, tks to people pulling out….but my reading is that if huge tariffs go on, then supply drys up and price explode…..
Rates too, down 5 bips. Wondering if those two markets are about to reverse course? I don’t see that hurting pm’s.
We were up more earlier, especially silver, but it is now trending back down towards the flatline. Shares are firm, but starting to fade. Gold doing better but has also given up gains from last night.
SM is weak, but not horrible, and NVDA is up, so that may be all that matters. Bitcoin got hammered yesterday and trying to recover, up $500. Oil still falling, now below $72.
Coin toss as to whether we can keep going I guess. Some eco data at 0945 & 10 am may matter. Nice to see us up most mornings though lately.
Re Cartel and starting a war….I think the side that has the B52’s will end that war…..a few days and nights of ‘Buffering’…..apparently they can make the ground shake for miles around, should change what is left of their minds.
SEN. JOHN KENNEDY: “The USAID are screaming like they're part of a prison riot because they don't want us reviewing the spending. But that's all @elonmusk is doing. And he's finding some pretty interesting stuff … Just what the President said he was going to appoint Musk to do.” pic.twitter.com/etfGizrxEI
— Chief Nerd (@TheChiefNerd) February 4, 2025
Soon as I sent out what I thought to Ferrett about controlling Gaza on the other hand were probably gonna inherit another headache. Plus there are destroyed areas here in the US, Palestine train derailment , the hurricanes. What benefit of trade are we going to get from spending all that time and money in Gaza other than would also be strategic. I mean if these other country’s who lack diplomacy and respect for borders as criminals and see weak leaders as a opportunity why should we respect theirs. Maybe not so much Gaza but some of their neighbors.
Now we have Mexico Cartel, a growing subculture within a culture who have been empowered thanks to the demoncrats out for a buck anyways they can get it who have no allegiance to anything but themselves. Now they are planning to attack and kill our border patrol. They might just start a war or they might just wind up in Gitmo or a El Salvador prison. Thanks to the swamp opening prisons for hire might become a lucrative business.
Perhaps the options that the scum use to repress metal prices, are diminishing??? Silver is certainly becoming an ever important tool for them to use to squash up days…..
Alex Valdor………as far as the large spread in Palladium between the bid and ask…..
When I was a market-maker at the CBOE, if our pit was the only exchange listing specific prices for calls and puts on a stock, we could widen the bid and ask as much as we wanted to because we were the only game in town. When stocks became multiple listed (San Fran, New York, Amex etc.), the spreads significantly tightened, as the competition to gain business over the other exchanges became cutthroat.
Perhaps certain market-makers in Palladium are stepping back (tariffs???) and the few that are left have widened their markets accordingly???
Feeling a bit pissed off this morning. Whatever happened to “America First.” All of a sudden Trump wants to spend an unimaginable amount of taxpayer funds to clean up and rebuild Gaza. It’s a friggin crackpot insane idea. No one wants the Palestinian refugees because they have a history of causing trouble wherever they are located. There will be security problems there forever.
There are still huge problems in the US. Has this been forgotten? What happened to fixing the budget deficit? Were his promises all talk? I feel betrayed!
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