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China tariffs down to 30%

Posted by ferrett @ 6:00 on May 12, 2025  

US tariffs into China down to 10%. Yes, the markets will go wild, but as John Cleese said, “what’s the bleedin’ point?!” A 30% tariff on ultra cheap goods is irrelevant. That’s not going to onshore production from China. Nor is it going to fund the elimination of income tax.

All the pre-tariff pre-Ukraine pre-Gaza reasons to own gold are still in place.

This is going to leave a mark

Posted by Buygold @ 4:04 on May 12, 2025  

Ugly out as the SM, oil, and the dollar soar. Rates also up to 4.44% on the 10 yr., awful close to 4.5% which is supposed to be the tipping point for the SM

Gold getting creamed, down over $100 or 3%. Silver is down 2%, after being up most of the night. They flipped a switch about 3 am eastern, gold was down $40 and silver up $.30, then came a huge dump.

Going to be ugly no matter what today for pm’s, probably a lot of hedge funds going to get creamed on the SM rally which is up over 3% as well. Shorts are going to get caught.

All of this is news driven, hard to know if it’s a trend change. The best we can hope for is that the Crimex takes this opportunity to cover. I’m particularly interested in how silver does because for the longest time it has underperformed gold and has always done worse on days like this.

Hoping it’s not the beginning of the summer sorrows.

goldie, Sagan was incredibly over-optimistic.

Posted by ferrett @ 2:51 on May 12, 2025  

Nobody understands anything about anything any more. Not just science and technology …..

They don’t understand that mass, uncontrolled migration of groups who will not assimilate and have totally opposite political and religious views is national suicide – see France, UK, Germany, Italy, Spain – but not Poland, Russia, Japan, China and by a narrow squeak the USA.

They don’t understand the dangers of unelected bureaucrats, appointed indefinitely, running the show. See the EU (excepting Slovakia and Hungary, and maybe Poland), UK,  USA (you have a long way to go, even if DOGE has made a start), Australia, NZ and China.

They don’t understand economics, interest rates, money, gold or crypto. They are truly sheeple, lambs to the slaughter. Fed a diet of lies by the media believing in the insurrection, global warming, benefits of renewable energy (this isn’t technological, it’s political), necessity for migration, indigenous rights, wokism, importance of fighting Russia.

They have lost the ability to question and to think on every level.

Carl Sagan although he did like pot and a bit of a ham he was very dedicated in thinking to science and tech.

Posted by goldielocks @ 1:36 on May 12, 2025  

During his final interview, aired on May 27, 1996, Sagan issued a strong warning, telling Charlie Rose:

We’ve arranged a society on science and technology in which nobody understands anything about science and technology, and this combustible mixture of ignorance and power sooner or later is going to blow up in our faces. I mean, who is running the science and technology in a democracy if the people don’t know anything about it.

And he also went on to add:

And the second reason that I’m worried about this is that science is more than a body of knowledge. It’s a way of thinking. A way of skeptically interrogating the universe with a fine understanding of human fallibility. If we are not able to ask skeptical questions, to interrogate those who tell us that something is true, to be skeptical of those in authority, then we’re up for grabs for the next charlatan political or religious who comes ambling along.

Maya

Posted by goldielocks @ 1:33 on May 12, 2025  

Must be something to get all those light shows.

Hope your walking better.

SNG

Posted by goldielocks @ 0:38 on May 12, 2025  

9-5 hrs are banker hours might make you rich lol I like his spunk and know them well and there okay but life doesn’t revolved around just them. Still the fact is without the others their lives wouldn’t be as easy or comfortable. Without them you’d be pretty much on your own. We live in a fiat barter system. If they want to continue to have a easier life as in not having to build your own house, car, make your own cloths, electronics, power, water, food, nurse or doctor themselves, stop crime and secure their borders they better stop this insane inflation and have the ability to buy a home, have time with their family’s , retirement plans with investments at a younger age available for them. This isn’t about us against us or survival against them it about us against evil.  Without us they could not exist by themselves in the easier life style they have now. But he absolutely right that it is going on and the indoctrination at schools. We evolved by forming groups which also gave us longer life spans. We are actually one of the most vulnerable weakest species standing alone in a forest without weapons out there but at the same time one of the most invasive and some outright evil species. But now if you would have a chance of a  better, happier  healthier and longer life span away from a government run society its reversing and should be telling people something.

Gold Train

Posted by Maya @ 23:48 on May 11, 2025  

Street Running
https://www.railpictures.net/photo/879043/

 

Eruption!

Posted by Maya @ 23:46 on May 11, 2025  

Kilauea Volcano is erupting tonight for Mothers Day.  It may not last long…

 

 

BIG

Posted by ipso facto @ 22:36 on May 11, 2025  

Pan American Silver Announces Agreement to Acquire MAG Silver Corp.

https://finance.yahoo.com/news/pan-american-silver-announces-agreement-021900101.html

Sort of as expected

Posted by Buygold @ 19:51 on May 11, 2025  

Gold getting hit for $40, a little over 1% on the good trade news. Curiously silver is flat, down $.07, not much damage. We have London ahead and they’ll probably try to pile on.

SM futures up over 1%. Should have a good night.

Another week begins.

Goldielocks, Happy Mothers Day to You too!…and here’s a real gift for all who will watch it. It might just change how you think.

Posted by silverngold @ 18:49 on May 11, 2025  

Robert Kiyosaki, telling how and why he became rich, and it’s not working a 9 to 5 job. He starts at about 8 minutes, and IMO what he discloses is Priceless! sng

https://maninamerica.substack.com/p/robert-kiyosaki-the-coming-financial?publication_id=1040302&post_id=163331801&r=poko7&triedRedirect=true

SNG 10:27 May 10

Posted by goldielocks @ 17:12 on May 11, 2025  

Happy mother’s day to your wife. I got the best strawberry s I ever tasted. If I had a choice of them on a angle food cake with home whipped cream   which was always eaten within minutes of making it so hard to grab a piece first or  just these strawberries by themselves, Id pick the strawberries.  At least we’ll know what food taste like once if they get away with starving the people and hope they don’t which should also have more serious consequences.

On that video I wonder if that was another reason gold was being bought. I wasn’t sure what they were talking about with basal 3 and hope it’s subject to monitoring but we know how that can go.

How will Basel III affect gold?
The regulations effectively end the fractional reserve system in gold trading, where banks could trade gold certificates without holding equivalent physical metal. Under Basel 3, banks must maintain a 100% reserve ratio for precious metals, fundamentally altering the economics of gold trading.Apr 4, 2025

So, the SM will no doubt soar tomorrow

Posted by Buygold @ 13:46 on May 11, 2025  

What about our pm’s? Do they take a hit on the trade news or does it change anything at all?

My guess would be that we take a hit, but I’m not sure of the dynamics of the large entities buying the gold and why exactly.

The Fed also just lost their excuse not to cut rates.

After all the weeping and gnashing of teeth, the China trade deal is done

Posted by Buygold @ 13:24 on May 11, 2025  

and yet they were so powerful!

https://x.com/catturd2/status/1921609880479166468

Gold Train

Posted by Maya @ 2:00 on May 11, 2025  

Steaming thru Kladder
https://www.railpictures.net/photo/878916/

 

Blackrocks housing playbook ” a bubble that doesn’t pop” and your not in it.

Posted by goldielocks @ 19:51 on May 10, 2025  

They own interest in everything that builds, rents, or sells them.

Ferrett

Posted by goldielocks @ 19:30 on May 10, 2025  

Real science and the dedicated is hard to follow. Fake science is apparently easier to believe.

Ferrett

Posted by goldielocks @ 19:19 on May 10, 2025  

I think what he’s gonna say under duress from the plandemic and operation mocking bird and all the false info and data out there plus the lock downs if he halted the vaccine without any data yet that it did not stop covid and was not safe without knowing or recognized that yet and corruption with NIH, FDA and WHO he would have been blamed for the Covid deaths and they would if used that to keep up the lockdowns.  It’s individuals fault for not doing their own homework on alternatives as well as risks taking a experiment that wouldn’t even tell them what’s in it or how the trials went was up to them and same for any other product instead of ” trusting the science.” People think in hindsight on what they learned AFTER the fact , not what they didn’t know back then. People were demanding the jab and even hostile to people who refused to take it. Then the shutdowns also made it easier to rig the elections. The only ones to blame is the people themselves and voting for Biden who mandated it. IT shifted the blame of the lab and those behind it like the NIH and still haven’t done anything about it. So if they want someone to blame, blame NIH and blame themselves for believing them.  No one backed Trump when he was looking for a treatment did they, only a few who did their own homework but the overwhelming majority was in fear and had a predestined believe from operation mocking bird and other  fake news that they shouldn’t take any chances, Ivermectin was horse medicine, you’ll kill other people if you don’t take it so lined up and drank the Cool Aid  and landed right in the culprits hands.

goldie, yep, that exposes the gullibility of Trump.

Posted by ferrett @ 17:15 on May 10, 2025  

Sales people are often very gullible. It’s like they fall for the same pitches they make to others. Trump was openly pro-hydroxychloroquine initially but then fell for Fauci’s vaccine pitch. No excuse for that. There was nothing more important at the time than to ensure people’s safety, and he failed miserably.

It’s a tricky one, isn’t it Donald? You can’t come down too hard on Little Tone, ‘cos he was working for you. Put him in the witness box, and what’s he gonna say? Eh?

Maddog, a classic indeed!

Posted by ferrett @ 17:06 on May 10, 2025  

And he is so right. Maybe it lost a bit in translation though. “You have been murdering our citizens for eleven years. You have broken your 1991 promises about not encroaching on our national security 14 times. You signed two peace treaties which you have subsequently boasted on national television that you never had any intention of keeping, you have blown up your energy security and hence national economies and tried to blame it on Russia and now you are threatening us?” Then slot in his award winning diplomatic comment.

{edit} Maybe an alternative scenario was:

“How’s it going out there Dmitry?”

“It’s bad, Vlad. Apart from another two members joining NATO since we started the R2D, they’re now waving another piece of peace paper at us.”

“Ummm. Remind me what happened when we agreed to accept peace in 2022, Dmitry my friend?”

“The coalition of the willing led by the British Prime Minister ripped it up, Vlad. Blew the whole thing out of the water.”

“OK Dmitry, send them a suitable reply. No need to run it past me first (wink).”

Maddog

Posted by goldielocks @ 15:10 on May 10, 2025  

If you haven’t seen it, it’s on X and much more.

It starts at 38 minutes in. The trade is a diversion. It includes in England and then Fed Reserves, central banks, the Rothchilds, banking to the development of deep states who created debt slaves of countries

Maddog

Posted by goldielocks @ 14:42 on May 10, 2025  

According the info from Simon who gets information from both sides but only use it as warning how to protect yourself it’s black-rock pushing the war and they use words like Putin is Hitler because they want war involving UK, EU and America to bankrupt them and profit off and run things themselves. and use it on Muslims too. They have way too much power now and can buy anyone. They even got in the Fed and read somewhere there was advisors around Biden.

This is classic…..anyone would think everyone has had enough of these Euro weenies…….wait till the end…. an absolute classic response

Posted by Maddog @ 14:27 on May 10, 2025  

https://www.msn.com/en-ie/news/world/european-leaders-push-for-ceasefire-as-medvedev-lashes-out/ar-AA1EwzPF

Hey Ferrett

Posted by goldielocks @ 14:20 on May 10, 2025  

Emergency use doesn’t include lack of informed consent, mandates, or people who would have a  high risk of adverse events in normal situations and this wasn’t even normal.  Emergency use means that alternatives like hydroxy- chloroquine and Ivermectin could be used but that would of shut down the experimental vaccine. Trump knew they were destroying the economy shutting down businesses and schools until they had a treatment or vaccine not only business would shutter but millions would be homeless not able to pay all their bills or car payment because unemployment wasn’t enough, especially those who rely on tips to supplements and not all that is counted for unemployment so Trump added money to it or we’d have working homeless and more lost jobs from lack of transportation  Trump didn’t exclude alternatives but not his field and had to rely on frauds that was pushing their bioweapon out on the public. Some of the measures like distancing but that means all together not the way they did it, Even masks can help but disposable and used right and not all day causing more risk of harm. That mask they were using were basically more to protect others from them. Theres too many people who don’t have basic common sense is why they over did it. Then coming up with idiotic ideas like use your arm to cough instead of if using your hand. Maybe if your carrying something but easier to wash your hands than a arm especially if clothes and not as effective. But with Covid the coughing didn’t come till the inflammation stage and should of been in the hospital or home being treated.  Like that black bus driver overweight and not in best health complained a woman got in the bus and coughing all over the place and not covering her mouth. Maybe it was Covid or something else maybe not even infectious. Next thing you know he got Covid and died but could of been from anyone in a enclosed place all day. So things like that caused draconian methods and hospitals and corporate doctor offices had someone at the door taking temperatures and handing out masks. Temperature can come from many reasons. People with Covid without help were neglected and on their own. Also with the panic they caused  with it a lot of other people with other issues were also being neglected and dying.

FWIW. I’m just watching it but so far sounds like good advice. IMO this time get Phyz in hand, not shares FWIW!! sng

Posted by silverngold @ 10:27 on May 10, 2025  

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.