Loading ...If they are, they need to wake up! SNG
ipso 9.53, but Putin has been so restrained.
12 times NATO/US/EU/UK broke their word about not expanding NATO. Twice they failed to enforce Minsk agreements. 15,000 times the Ukrainians killed Russian speakers in the Donbass. Just involving Starmer, Merz, Meloni (actually, I think she’s the only one who recognises what’s happening), Stubb, Macron, Rutte and von der Lyin’ in a meeting with Z says there will be no peace process, let alone progress. Give peace a chance, yes, by removing them all from any negotiations.
Decent day for the shares considering gold was down a bit
New upleg coming?
Maddog
Dr Doom, does he ever say what you can do or what he’s doing or just all doom.
A health note on vaccines.
I thought or hoped the new shingles vaxx might be safer than the first new one that was causing shingles meaning it had the live virus I guess this one does too. They’re just not warning people when it comes to vaccines. A friend of someone I know came down with internal shingles. Worse than external shingles and causing excruciating internal pain. Luckily one of the doctors actually studied side effects and recognized it when she mentioned she just had her second shingles shot. They probably then started her on antivirals. Why are they risking live virus as the way you can get it in a vax especially most people who would take it will be older when their immune system isn’t like it was in it’s prime or on certain medications.
Buygold
Been out and about……apologies re Dr Doom…I didn’t watch all of it….would not have posted had I heard him speak ill of the Donald….
and he has been saying the same since whenever….though in truth he is right, everyones finances are a sad joke and have been for decades..
Unless we collapse into the close….
another 14 year high in the HUI. What’s interesting is that Barrick looks like it wants to participate. Caution warranted on B though with the RSI at 75.
Crypto losing ground again.
What’s it all mean??? 🙂
Pure speculation
But it feels like the scum are using the US $ (and perhaps still trying to squeeze any remaining “shorts”), to create a more manageable “level” for Gold and Silver to take off from (in case Powell’s speech is interpreted to be dovish and percentages increase for a few cuts in interest rates).
For many years now, we’ve seen their playbook and how they work. Makes me think that “levels” are an important part of that playbook.
This was unexpected
Shares are blowing up.
WPM making a perfect bounce off the 50 day.
I don’t know what will happen when Powell yaps tomorrow, or even if we can hold this all day, but the shares would seem to indicate we will.
$38 breached but look at them battle over $3350. All this in the face of a stronger dollar, higher rates, and a weak SM. Go figure.
The PMI numbers were strong. Especially manufacturing.
The talking heads are all in a flutter
over recent Russian drone and missile attacks on Ukraine … right in the midst of a peace process. (maybe)
… but there’s no cease fire, no agreements, the war is still on … still it seems Putin could back off a bit if just in a good faith gesture.
Yep
Rand Paul
@RandPaul
·
15h
If socialism is government owning the means of production, wouldn’t the government owning part of Intel be a step toward socialism?
Terrible idea.
treefrog @ 20:39
JD has his head up Peter Thiel’s butt … meaning he’s a full blown bought and paid for technocrat … so unless you want a control state that looks like China … you don’t want him.
But will Tulsi deliver America from the entrenched commies in DC?
Probably not … but it would be better to have somebody who appears to be incorruptible, sensitive to what America really needs, and willing to act no matter the personal consequences – which all points to a smaller and more sensible Federal government – not the bloated plaything of deranged foreign interests who have been running the country into the ground for personal benefit (commies) … because this is going to happen no matter what …
Judge Napolitano: The U.S. Will Go Bankrupt, Collapse & Break Up
People are beginning to increasingly talk this way now because you don’t have to be a rocket scientist to see it coming … just not delusional.
Go local folks … support the people who support you.
Mornin all
Buygold
Doesn’t look like a buying day less they day or two trade before Powell or the weekend though. Just slow for longs. I’m going to nurse my sprained ankle after yesterday’s activity’s and just watch when I can. So much hypocrisy out there right now it deserves no attention anyways.
It looked like all was lost
about an hour ago and we were going to give up yesterday’s gains.
Doesn’t look too bad now, things might still be lost, but the numbers must have been soft.
Dollar is drifting back toward neutral.
Since the ones pulling the strings in Ukraine can never seem to keep the peace.
I hope them asking Trump for security isn’t going to wind up a bait and switch. I hope they’re is a stipulation in that the deals off if they violate any peace agreement and try to use that agreement as a weapon for bait and switch so people know ahead of time what the consequence will be.
Buygold Aufever
Right on point, well said.
Morning Maddog
I’ve always liked Faber, and had a few email exchanges with him some years ago. He’s never really been right about gold but nobody has. I listened until he trashed Trump.
I have zero respect for any white European who trashes Trump. They lost the right when they elected the likes of Starmer, Macron, Tusk, Merk and the rest of them. The arrogance of slaves whose leaders want WWIII and have destroyed their white populations is beyond reproach. Faber needs a mirror.
Not just yet
Was hoping to see some follow thru this am but it doesn’t look like we’ll get it.
The dollar is flat with rates up 2 bips. Oil is a winner up 1%, back above $63. Bitcoin down .62%
Gold down $8 and silver $.14. Shares a little weaker too. Nothing too scary.
We do have some eco data that will probably matter. We have the flash PMI’s and Housing sales. Throw in the Philly Fed numbers and there’s a trifecta of news. PMI’s probably the most important.
It’s back to Jackson Hole. I’m not sure I remember a time when pm’s performed well in this two-day period, but ya never know, we’re in a different market now. Powell speaks tomorrow.
Dr. Doom Eyes 100% Gold Bet As Fed Gaslights Public On ‘Tightening’, M2 Surges
Nobody does doom like Mr Faber……Ps they talk Gold revaluation !!!!
Jackson Hole starts today – we’ll see
“Powell To Support A September Rate Cut”: Full Jackson Hole Preview And How To Trade It
“We do not expect Powell to decisively signal a September cut, but the speech should make it clear to markets that he is likely to support one.” – Goldman
Tulsi: “Off With Their Heads!”
I bet a nickel she got the one who put her on the “Do Not Fly” list during the Biden era. 🙂
Colonel Tulsi Gabbard is my Hawaii homegirl. Hard to believe she came out of our deep blue state, but military combat experience hardens people to stark reality.
Cutting off a security clearance is the ultimate power. No need to ‘fire’ someone. They are powerless without a clearance and cannot work for the government… nor government contractor. It slams the employment door shut. Then they have to find a real job… productive in the private sector.