How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...Jobs numbers out. Not having much of an impact, although the dollar is strengthening a little bit and gold weakening.
I tend to agree with you. Death drop at the open for the SM, followed by a rip your face off rally.
PPT or not, Wall Street worships the God of money. That is most important to them and if they see an opportunity to fill their pockets, they’ll do it.
PM’s falling apart now. Hard to see another comeback like we had yesterday, but ya never know.
I hadn’t thought of the PPT being partisan but that would be no surprise. Like you say we’ll know soon.
How much can the PPT do? I guess they can just open the Magic Money Machines spigot if they need to.
Cheers
Will the PPT bail out a Trump mkt……are they owned by Globalists….today we find out…as a typical PPT day is just this a weak end of world opening and then a crazy rally all day….
China and the US and the other countries involved cannot afford to shut off trade for long. Unemployed people vote for the other guy. Great Depression II would be undesirable.
Too bad China has so much leverage on us.
Looks like the PPT are gonna be busy boys today!
IMHO, volatility will emerge to be the “norm” in this economic environment. And all of the CTA’s continually have to adjust their portfolios as gamma plays become bigger and bigger….
China slaps US with 34% tariffs and restrictions on rare earth exports.
Houthis impose 120% tariffs on US missiles: Trump stops bombing raids.
Silver is a joke as usual. The shares are getting hammered with the SM. Gold was up 5 minutes ago and now they are smacking it right back below $3100.
At least on a relative basis, gold looks good, a lot of volatility but still solid.
Can’t believe how some of the other markets look. Oil has fallen $10 in two days, down to $61. The 10 yr has fallen 30 bips all the way down to 3.89%.
Is it possible that deflation will become a concern?
Dollar is flat. Bitcoin down 1%
Wouldn’t be a big surprise if the SM came racing back today. The QQQ’s will open with an RSI in the 20’s and is well below the 200 dma as it enters the official bear market, down 20%.
Labrador Gold Provides Corporate Update
https://ceo.ca/@GlobeNewswire/labrador-gold-provides-corporate-update
Starcore Updates on Geophysical Survey (IP and Ground Mag) at Kimoukro Gold Project in Cote d’Ivoire
https://ceo.ca/@newsfile/starcore-updates-on-geophysical-survey-ip-and-ground
Gold Resource Corporation Announces 2024 Drill Results
https://ceo.ca/@businesswire/gold-resource-corporation-announces-2024-drill-results
Smithe Resources Corp. Files Filing Statement, Obtains Conditional Approval for Qualifying Transaction with TGC Gold Corp. and Announces Concurrent Financing Terms
https://ceo.ca/@newsfile/smithe-resources-corp-files-filing-statement-obtains
Maritime Announces Issuance of Shares in Satisfaction of Interest Payment Obligations
https://ceo.ca/@newsfile/maritime-announces-issuance-of-shares-in-satisfaction
Abcourt Closes Initial Tranche Non-Brokered Private Placement for Gross Proceeds of $1,668,040
https://ceo.ca/@GlobeNewswire/abcourt-closes-initial-tranche-non-brokered-private
Gold Reserve Announces Filing of New Legal Actions in Portugal to Obtain Judgments Against Attached Funds
https://ceo.ca/@businesswire/gold-reserve-announces-filing-of-new-legal-actions
IAMGOLD Files Technical Report for The Nelligan Gold Project
https://ceo.ca/@newsfile/iamgold-files-technical-report-for-the-nelligan-gold
Bravo Announces Filing of Technical Report
https://ceo.ca/@newswire/bravo-announces-filing-of-technical-report-06eb3
Viva Gold Announces Closing of $1.6 Million Private Placement Offering
https://ceo.ca/@thenewswire/viva-gold-announces-closing-of-16-million-private
Alamos Gold Announces the Sale of Quartz Mountain Gold Project for Total Consideration of up to $21 million and 9.9% Equity in Q-Gold Resources
https://ceo.ca/@GlobeNewswire/alamos-gold-announces-the-sale-of-quartz-mountain-gold
Masivo Signs Option Agreement for The Cerro Colorado Project
https://ceo.ca/@newsfile/masivo-signs-option-agreement-for-the-cerro-colorado
CEO.CA’s Inside the Boardroom: First Mining CEO Dan Wilton On Closing A Deal With First Majestic Silver
https://ceo.ca/@newsfile/ceocas-inside-the-boardroom-first-mining-ceo-dan
FREEGOLD ANNOUNCES CLOSING OF $42 MILLION BROKERED PRIVATE PLACEMENT FINANCING
https://ceo.ca/@newswire/freegold-announces-closing-of-42-million-brokered
Royalties Inc. Announces DTC Eligibility
https://ceo.ca/@newsfile/royalties-inc-announces-dtc-eligibility
Solomon Global: Gold Hits $3,170 as Central Banks and Investors Drive 40% Surge
https://ceo.ca/@newswire/solomon-global-gold-hits-3170-as-central-banks-and
Snowline Gold Closes Fully Subscribed C$20 Million Financing Of Flow-Through Shares
https://ceo.ca/@accesswire/snowline-gold-closes-fully-subscribed-c20-million
Westward Gold Announces Exercise of Crescat’s Over-Allotment Option, Increasing Its Total Investment to C$1.5M
https://ceo.ca/@thenewswire/westward-gold-announces-exercise-of-crescats-over-allotment
Belmont Resources Announces Financing of $1,363,500
https://ceo.ca/@thenewswire/belmont-resources-announces-financing-of-1363500
Canadian Gold Resources Identifies Major Structural Targets from Magnetic Survey at VG Boulder Property, Quebec
https://ceo.ca/@GlobeNewswire/canadian-gold-resources-identifies-major-structural
Angkor Resources Reports Magnetic Survey Results from Andong Bor Copper Gold License, Cambodia
https://ceo.ca/@thenewswire/angkor-resources-reports-magnetic-survey-results-from
Hummingbird Resources PLC and Nioko Resources Corporation Enter Into Binding Term Sheet for Co-Operation and Support With Pasofino Gold
https://ceo.ca/@GlobeNewswire/hummingbird-resources-plc-and-nioko-resources-corporation
Mayfair Gold Provides 2025 Outlook & Fenn-Gib Advancement Program
https://ceo.ca/@newswire/mayfair-gold-provides-2025-outlook-fenn-gib-advancement
Blue Star’s Target Series: Flood Zone Deposit Deepest High-Grade Mineralization is Open Along Plunge; Potential Controls Defined
https://ceo.ca/@newsfile/blue-stars-target-series-flood-zone-deposit-deepest
Great Pacific Gold Provides Wild Dog Project Update
https://ceo.ca/@newsfile/great-pacific-gold-provides-wild-dog-project-update
RUA GOLD Begins Drilling at Cumberland Target in the Reefton Goldfield, Following up on a 20.7m Intercept of 62g/t (2oz/t) Gold
https://ceo.ca/@newsfile/rua-gold-begins-drilling-at-cumberland-target-in-the
Decade Reports That 2024 Rock Assays Outlines Area for 2025 Exploration on the Nobody Knows Gold Boulder Area
https://ceo.ca/@newsfile/decade-reports-that-2024-rock-assays-outlines-area
Now at 100. Ugh
Dog
Unless they were rushing from somewhere else lol
The over whelming majority of people who live in my city and the city’s around me are white.
Adding something. Lots of generational family’s here. When I came back to this area I was familiar with due to a extended family who owned quite a few acres around here I saw trouble ” gangs coming from LA.” Then other riff raff follow I warned them and told them how they and illegals do it. They may not seem much at first and what they saw they didn’t like. They were already causing problems. It was stand your ground time. California is normally or was a welcoming town people come and go. Not this time. Well that got around like Ivermectin in Covid. Everyone was on board including the police and DAs who did a hell of a job with the crime and didn’t put up with no sh!t. The gangsters were disappearing left and right but it was rough for a few years. There’s a few pockets here and there were you hear something once in awhile but not like it was. They found it best they keep a low profile. But I’ll tell you people coming from other countries just because their white don’t make it right either if they come with some kinda commy attitude and think their better than anybody else. It also doesn’t mean that all Hispanics are not assimilating or having a bunch of kids. Now they might be only having one or two and like living around whites better than say what’s going on in LA. So basically it’s kinda like a job. Doesn’t matter about how much money you have vs a job credentials you have it isn’t gonna matter if your a ask hole.
Re your:
“In fact it seemed when the housing rush was going on rents were rising during a self perpetual buying frenzy for houses to get out of rentals.”
Comment: I can’t help thinking it was a frenzy of illegal immigrants barging themselves, or squeezing themselves, ahead of their time, into all of our cities. I doubt it was Americans having babies causing the population boom. Most Americans have none or two kids. I heard Mexicans like to have a lot of kids.
I don’t know why they don’t give these people more time to escape if no shelter.
It would be little more than that if you got a good price on the gold at 800. Never mind that. I can see the only way they could lower rent from the greed going on started from Wall Street is if they were sold. Rents rarely drop less there’s a good exodus from the area. In fact it seemed when the housing rush was going on rents were rising during a self perpetual buying frenzy for houses to get out of rentals.
As far as buying while they’re switching from tightening to easing to bail out the hedges Trump can’t control, locking in a lower price then as they lower the rates they can refi to lower payments and lock in lower payment on a the lower price which will also give them equity faster if already locked in. They would have to gauge the difference between the taxes at the new tax value reassessment despite buying it for less which would still probably be better for awhile. In California it matters unlike other states where they just change it, they can’t do that here unless something significant happened like adding rooms, a pool or something. It’s more restricted due to Prop 13 that passed when there was still more informed Americans than migrants freezing and limiting reasons to increase taxes. Like those who refied near the top pulling equity out a locking in a lower rate if they did they will get a new automatic tax reassessment which in California can be a pricy difference. Like I know someone who refied alyears before the top when it was picking up. His house went from 350 something to 500 and something and his taxes went up a couple thousand. Not a exact quote but estimates they didn’t expect. Their house was paid when they took a only small loan on it now they had a loan low interest but higher taxes. So it depends and where they are as far as safer areas will fill up faster than less or non safer areas but also more pricy. Getting rid of criminal illegals won’t help those areas much because it’s already in play and other areas where immigrants took over they had a bunch of kids and generations have gone by and can’t be deported where some stayed in crime groups others assimilated and California assimilated to a extent with each other depending on the areas whether good or bad. Like right now a family member gave me some Mexican tamales asking me if I would make them because there getting expensive and he wants them custom. Lol There a lot of work so told him I would teach someone but I’m retired. Lol You just don’t make a few of those for yourself with the time involved but anyways there’s pros and cons.
That’s why he has to do the nasty now … right at the beginning of the Presidential Cycle … and soon enough he can get things turned around going into the mid-terms to avoid losing ground in the House and Senate.
I hope he is successful.
That would remove many doubts of his motives in my mind.
I just hope it’s not all Kabuki Theater and they install Joe Biden 2.0 in 2028 in another good guy (Trump)/ bad guy (Biden) routine nobody will be able to fix again until the term is up.
Oh, and the bad guy gets to keep all the booty. Can’t have that again.
If the Fed is allowed to bail out the hedge funds again this summer, we will have a very good idea where things are going.
High probability that happens.
Cheers
The SM is ripe for a correction…..but I do smell this as being ‘very convenient’……as Buygold said this will be hung round Trumps neck…..there are many, many people who will happily believe the MSM.
What you said makes sense, but I keep thinking, with all the deportations going on, it could lower the rents and real estate. Another thought, about everything is gradually in reverse, from the new world order that started in 1913.
After they started weaning our system of real actual money, Gold, in 1913, people gradually started using stocks and real estate as money. So as time goes on, and gold comes back as money, stocks and real estate might just go back to where they were from the start. No increases in value.
With Gold recently at $3100? It’s causing deflation in real estate. For example, if you invested $200,000 in gold during the financial crisis in 2008, about $800/oz, you would today have $622,076, with no property taxes insurance or maintenance costs.
Deflation is the Money or Gold, gaining value, instead of the crap.
It’s possible people may want to grab up a property’s that has dropped in prices the last few years knowing once they start lowering the interest rates the cost will go back up and they can then refinance with a lower interest rate at the lower cost and maybe even get that in writing as a option from a under writer of a loan.
I believe the futures are priced in US dollars, so if the USD goes down, all the other currencies naturally go up.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d
The USD has been dropping since the beginning of this year.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w
Also re your 6:16 “so why are rates falling apart”
Possibly people with money want to lock in a higher rate if they suspect rates will drop. Also wages are too low to borrow and pay for expensive things like houses. For example, an 18% mortgage on a $40,000 house was still affordable. But 7% on a $600,000 house in not so affordable, and add the property taxes that reflect the true inflation rate.
Maybe you didn’t realize all the wealthy that were conned into moving their businesses off shore, via lower taxes and favorable exchange rates and heavy regulation in the USA. So in a sense they are now going to get screwed, with tariffs, no?
Also think about all the billionaire businessmen, finally getting off their asses, and helping Trump to try to avoid the USA from collapsing, and taking them down the whole global economy with us. I believe they are helping Trump for free.
I have been complaining about imports since 1975 as the US economy was topping. Finally hopefully were in are bottoming formation starting with the 9/11 attack.
As they say with weight lifting, “No pain no gain”
