Loading ...Armstrong and Alex Krainer
On geopolitical issues and war. 5 hours ago.
Hi Ferrett
I didn’t see all of it, had just enough energy left to concentrate on what’s going on here but sounded familiar to here too. It’s probably the reason that’s not the only thing to worry about. Who knows what they will come up with? The kinda characters were dealing with and the problems they caused that weren’t in good faith our best interest in the first place it’s obvious won’t be how they pretend to solve those problems. They’ll play their virtue signaling we didn’t do it or someone made them do it, it’s for the good of the country, its your duty, and equity and inclusion they excuse themselves from while at it. They’re getting predictable. Then go run to their masters to find ways to punish you if you call them out with the truth about them and yes it is their fault A bunch of manipulating con artist incompetents and dictators. This unrealized gains scam is financial sabotage and outright theft including stealing money you have or many not even have unless you have to sell something for money you don’t and just shows just how incompetent and untrustworthy they are for that position. Like a thief at a cash register. I can see money leaving financial institutions in Australia and even leaving Australia and others pitchforks coming for them. These virtue signaling actors aren’t too virtuous are they. They just won’t stop until their stopped.
The demos brought that up here too which would of also been constitutionally challenged but just another reason they lost the election.
Thanks goldie, the implications go way beyond
the small number of people affected. If they get away with taxing unrealised gains on superannuation, the the skies the limit for the same on savings, investment properties etc.
Now, vbl on zerohedge had an article on the move to gold being initiated by the confiscation of $ assets from Russia. With China, India (more Russia) and maybe Saudi Arabia – whoever may feel that they are at risk of being bullied by the US. And vbl allocates a, for example, 5% risk to this happening to them. So they respond by buying gold rather than UST, or USD. But the outcome of confiscation is binary. You lose everything, or nothing. Not 5%. It’s a bit like realising you’ve got a tyre with a nasty bulge in the side but think “Ahhh, there’s a 5% chance it’ll blow out on the next trip. She’ll be right”, you write the car off or you don’t write the car off. There’s no 5% outcome. So if you really think there’s a risk, you’ll go more than 5% protection, no?
Maddog
“Hui at 8000 !!!!!”
Let the healing begin! 
I don’t even know if the PM shares need much price appreciation from gold. They will be doing great with gold right here!
Elon not pulling punches
Elon Musk: “this massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.”
ipso facto
How do I like….I think the action is superb…as Buygold has said, at last we are getting some leadership from the shares…..I have posted charts of that small break out the ratio is currently 0.1258, it needs to next break 0.18 then 0.21…that will leave a huge base behind to attack the hi of 0.62…which basically means if Gold goes nowhere, the shares will go 5 times……but if Gold goes to @ $15 K to cover 10 % of the debt then the shares could do 20 times from here, as Au will do @ 4 times current prices (( 4 * 5 = 20) * 400 = 8000 ).
Hui at 8000 !!!!!
Hey Buygold
I imagine the Russians are holding off a bit while the peace talks are being held … or maybe they are preparing a special surprise.
I can’t really see these talks going anywhere. I wish I did. Trump is going to lose patience and we may just wash our hands of the whole affair. Maybe Zelensky will become realist only when he sees his weapons stashes running out. Is he going to wait until the Russians are at the gates of Kiev?
This action in the gold and silver markets should be attracting some public interest soon. A lot of the juniors have nice gains today.
Cheers
Hey Ipso
Been out all day but definitely looks like this has been a buying op for the shares, especially the silver shares. Even the HUI looks like it could close up a bit.
I guess they could surprise us with more selling, but it looks like this silver rally is going to advance. Not a terrible day for the metals considering the bounce in the dollar. SM not hurting us either.
The Fed meeting is two weeks out. Hard to believe they won’t be cutting, doesn’t mean bonds will necessarily rally but should put pressure on the dollar. Should be good for us regardless.
All this is assuming Russia doesn’t use nukes or decide they’re going to lob some missiles in the EU’s direction. They certainly have every right to do so. Sadly.
Maddog @ 13:55
“site slow”
Was slow earlier. Seems to be OK now. Could have been something local.
How do you like our market action?
Maddog 1430
Now it has to test if resistance is now support. …. For the longer term. Look back at yr 22, it didn’t.
Captain Hook
Thanks for the post I finally had to give up in finding an end to Armstrong’s audio after he moved from the here and now to the back when heard over and over kinda obsessed although I get his work is his life mixed in one and the sense of frustration brings it all back.
He has a good idea about Alberta.
I really think those appointed bureaucrats in Europe could care less about anyone but themselves. They positioned themselves to be self appointed dictators. If they did care then they would feel like the people feel and try to do something about it, but they don’t, instead they jail them for simply reacting to what they’ve done. They won’t change and they won’t stop until their stopped. The people as far as money management don’t have to know their exact cost of open borders. They just have to know as far as who’s paying for it, show them a picture of a pyramid, then turn it upside down. With the receivers being the ones on top and them at the bottom.
Maddog
I could be wrong but I think he meant post wise not the site. You are doing a great job. I’m glad you know something about computers. ,? oops ?
ipsofacto
Where are u seeing the site being slow..?????
From a patriot I know
Who earlier said they never get rid of the swamp and made a bet on Comey.. Now Poof just like that and the DOJ has nothing to say about Comey calling for a hit on Trump.
According to Martin Armstrong …
… a true friend of humanity … a ‘separation contagion’ has gripped our political economy … with a possible separation of Western Canada (with Alberta at center) … possibly sparking an acceleration that could spread to the USA.
This Week in Money – HoweStreet
The commies won’t like that … chuckle.
No more free lunch … with sound money making a big comeback.
Mornin all
Buygold
Everything’s crossed!
Site is a bit slow today?
No bananas for you
PANAMA CITY, June 2 (Reuters) – Chiquita Panama’s administrative staff have left the country and the firm will seek authorization from the government to sack its remaining personnel in Panama, the nation’s labor minister said on Monday.
The news comes after the company fired some 5,000 workers of a total of 6,500 employees nationwide last month in response to a strike at its banana farms.
Silver the STRONG sister
Haven’t said that in years. AG & HL are back to flat after the early hit.
Gold and gold shares lagging.
We’ll see what happens as the first hour ends. I’m sticking with “buy the dip” for now.
Ipso – the Graddy chart seems like it might be prophetic.
One third of French now migrant origin
Migrants are wrecking the French budget
