In the first part it was travelling slower than when it was blown up, when it was going at a fair lick. Not a really seaworthy boat if the waves got much bigger, surely it was going to a larger boat or a sub – in which case why not wait for the big catch unless they realised they’d been spotted and turned back. In the first, slow speed, shot the sun is out and shining on the port side. In the later high speed shot the sun has disappeared. Slow speed, waves appear to be more on the port bow but more on the starboard bow in the later shot.
ipso
Maybe going to meet a larger boat.
Still seems odd in the current situation.
Smugglers
Travelling in an open boat with drugs in plain sight? Isn’t that odd?
Not the type of boat I would pick.
Buygold and goldielocks
I don’t know. Doesn’t seem quite kosher to be blowing up a bunch of civilians like that. Is it a sorta war?
That’s a rather small open boat to be going all the way to the USA? Maybe meeting a larger vessel …
Ipso
Sounds like there could be some really high fish swimming around those waters. How did they just load up all that likely Columbian cocaine in their territory and take off to the US without being noticed by their country?
Ipso
IMHO – no. Maduro is beyond due process. The communist Obama/Biden regime allowed and encouraged him to empty his prisons and send his gangs and drugs to our land.
Not much due process here. Is it warranted?
US Strike On Drug-Boat That Departed Venezuela Leaves 11 Dead, Video Released
https://www.zerohedge.com/geopolitical/us-warship-lethal-strike-drug-boat-departed-venezuela
Ferrett
Here’s the video. It’s terrible
Ferrett I agree
It might help if you already bought it and bought real assets with it and kept some. It could be if in self custody individual or individual places might take it. I posted it for the first minutes and a warning. Take the good with the what ever might come with that age group particularly of the tech age.
You know people have to stop thinking of the government like a authority figure like parents. It is already a fact that government make bad parents. They should be elected to represent them, not rule over them or become a Trojan horse. If they’re system is set up to appoint not elect representatives that’s a dictatorship not a free society. I don’t know why they don’t demand for change. Change is the only know for sure variable. They should have some say in it.
What have the young have to look forward too? I watched another video after that one of all the young out there including a single parent basically saying don’t have kids unless you plan on becoming a single parent. It will be tested in ways you never imagined to be tested. You will have to fight for your children. On and on because of these men. You’ll be dumped with all the responsibility and bills and won’t even get to enjoy any time you have with the kids. Your just surviving doing the best they can They are the future. These fathers don’t deserve kids anymore than migrants having them getting a free ride. But I guess they can just be replaced with these migrant scam artist freeloaders and criminals. Just like the scum that caused the inflated prices.
They’re now bem buying food or credit or after pay.
Goldie, 12:08, a good video for the first 30 minutes.
But then he becomes a shill for bitcoin. As if bitcoin isn’t already tracked and the govt couldn’t know who owns it if they wanted to. As if bitcoin couldn’t be closed down for making purchases tomorrow. And as if bitcoin couldn’t be hacked by quantum computers – yes, safe in a cold wallet; safe but unusable. Bitcoin will be no different to cash in the bank when the govt decides.
Which doesn’t solve the problem of what to do.
GLD
Heaviest volume since April. Makes sense since we’ve broken out of that trading range.
Strong close in the shares. Where do we go from here?
SNG and Deer79
Deer tks for the news on Mux
SNG…..how’ real’ the pricew has been in many of these miners we really don’t know, as naked shorting has been going on for years. If u search up quotes for many small miners on Yahoo Financial, u get offered prices from loads of German exchanges, like Munich, Dusseldorf, Hamburg etc…all of whom allow naked shorting , or just don’t bother about it…..the Algo’s have sold and sold ….sold every rally and until now have always won…..when shares are jumping 10, 20, even 50 % overnight…on no news just price movement in the metal, that has to be panic shortcovering……
63 US corporate bankruptcies in June set up 2025 for highest pace since 2010
Part:
Corporate liquidity has largely worsened in 2025 as debt levels for many companies have risen and the US Federal Reserve is poised to hold benchmark interest rates at their current level through the summer. Consumer spending, meanwhile, is straining under the weight of a cooling job market, inflation still above monetary policymakers’ targets and the Trump administration’s tariffs.
Five companies that sought bankruptcy protection in June listed more than $1 billion in liabilities at the time of filing: Wolfspeed Inc., At Home Group Inc., Marelli Automotive Lighting USA LLC, Sunnova Energy International Inc. and Mosaic Sustainable Finance Corp.
Is Xi still in control of China….this is behind a paywall.
If not and this is accurate ….then that is really good news for the world, if we return to the thinking/ideas of Deng Xiaoping
China will celebrate the 80th anniversary of the end of the ‘war of resistance against Japanese aggression’ (i.e. what we call VJ day) tomorrow. Given that Japan’s invasion of China started some four years earlier than Japan’s attack on Pearl Harbour in 1941, and cost an estimated 20 to 30 million Chinese lives, this week’s military parade is a major milestone. As the People’s Liberation Army Daily newspaper has explained:
One of the highlights is a grand military parade at Beijing’s Tian’anmen Square themed on commemorating the great victory and promoting the enduring spirit of the War of Resistance.
Not surprisingly, China is pushing the boat out in terms of its invitation list. It includes 16 presidents and ten other world leaders. Apart from the president of Serbia, Aleksander Vucic, and the prime minister of Slovakia, Robert Fico, European leaders will be notable for their absence.
One narrative suggests that Xi is now just a figurehead; he is in office but not in power
Most importantly, the attendance of Vladimir Putin and Kim Jong Un as guests of honour is being heralded as a diplomatic coup for Xi Jinping by much of the West’s media. Thus, the BBC, reflecting its dislike of Donald Trump, has gleefully headlined one of its pieces ‘Xi shows Trump who holds the cards as he sets up meeting with Kim and Putin’.
But is it a triumph? Or are Putin and Kim coming to the party to find out if Xi is still running China? Since July this year there have been two conflicting narratives about what is going on in the opaque world of Chinese politics.
One narrative, largely proposed by new media, notably expat Chinese watchers and academics hostile to China, who rely on discretely relayed inside information, suggests that Xi is now just a figurehead; he is in office but not in power. The other narrative, largely supported by Chinese and western legacy media, reports that nothing has changed; for them, Xi is still the all-powerful authoritarian leader who broke the mould by organising an unprecedented third five-year term as general secretary of the Chinese Communist party (CCP). The Economist magazine has, for once, recently opined that ‘there is no immediate threat to Mr. Xi’s leadership’.
The ‘Xi has lost power’ narrative proposed by the new media world is as follows. At or shortly after the 3rd CCP plenum in July 2024, Xi Jinping, overweight and reputedly a heavy drinker of Kweichow Moutai – the most expensive brand of baiju, a hard liquor distilled from sorghum and wheat – reportedly had a health scare and was taken to hospital. These reports have not been confirmed. But video footage of Xi’s recent trip to Tibet suggests that he is not a healthy man. His wobbling gait was painful to watch.
In his absence, Xi’s enemies pounced. The coup is said to have been led by the Central Military Commission (CMC) vice chairman Zhang Youxia. This highly regarded military leader, a princeling like Xi, and a rare veteran of military action in the China-Vietnam War, had provided the military backing that underwrote Xi’s taking of a third term of office. Subsequently, their relationship faltered. Seemingly, Zhang had argued with Xi about the advisability of a high-risk military attempt to take Taiwan.
Xi, who, from his public utterances, seemed to see the re-taking of Taiwan as the fulfilment of his legacy to ‘restore the nation’, ‘helicoptered’ Fujian clique ally General He Weidong into the co-vice chairmanship of the CMC. Zhang found himself surrounded by Xi’s appointees.
But now, an isolated Zhang is said to have taken his chance to save his own skin by launching a coup against Xi’s loyalists in the military. Admiral Miao Hua, another member of Xi’s Fujian clique, was suspended in November 2024 and removed from the CMC in June. Even more dramatically, in March, He Weidong disappeared. Strangely, neither of these CMC members seems to have been replaced.
Over the last year, dozens of high-ranking officers have been dismissed or have disappeared, mainly on grounds of corruption. Albeit an endemic problem in the People’s Liberation Army (PLA) it seems likely that the charges of corruption have been a cover for a purge of Xi’s military allies. Most notable has been the sacking of the generals who led the Rocket Force, which was particularly close to Xi.
The Chinese leader’s high-profile wife, Peng Liyuan, has also largely disappeared from public view. She is a famous Chinese folksinger whom Xi incongruously promoted to the rank of major general and to a key role in the CMC’s opaque cadre selection committee. General Zhang Youxia was reportedly furious that promotions and appointments in the army were being made by a celebrity singer. As for Xi, he has not attended a CMC meeting for a year.
Zhang’s alleged move has allowed Xi’s political enemies to come out of the shadows. Hu Jintao, Xi’s predecessor as general secretary, who was shockingly manhandled out of the 20th CCP congress on Xi’s orders, has reemerged as a leading figure in the cabal seeking to overthrow the General Secretary. His liberal Communist Youth League faction is now in the ascendancy.
In addition, the ‘princelings’, the name given to the Red aristocracy that emerged from the early political and military leaders of the CCP, have come out in force to criticise Xi’s building of a Mao-style personality cult. These include Deng Pufang, son of Deng Xiaoping, the supreme leader who banned Mao’s personality cult. Deng Pufang’s back was broken when he was thrown off a roof by red guards during Mao’s Cultural Revolution. No wonder that he and many other princelings who were banished to the countryside during the cultural revolution baulked at Xi’s return to Maoist authoritarianism.
Though Jiang Zemin, former general secretary between 1989 and 2002, died in November 2022, his Shanghai faction continues to have a presence. They are thought to be jockeying for position in case of a restructuring of the Politburo’s current all-powerful seven-man standing committee.
The factions opposed to Xi are said to have agreed on a few policies. Xi’s Mao-style personality cult must not be repeated; the restoration of a maximum of two five-year terms for a general secretary has been agreed; the CCP will return to Deng Xiaoping’s liberal reform path; and Xi’s foreign policy, which has generated a great deal of pushback in both Asia and the west, should become less aggressive.
Supposedly not yet decided by the opposition factions is whether Xi Jinping should be replaced immediately or at the 20th CCP congress in 2027. It seems likely that General Zhang would like a rapid resolution of the leadership issue. As the leader of what has, in essence, been a military coup, he knows that his head is on the line. A Xi comeback could end his life.
By contrast Hu Jintao, for the sake of party stability and public face, would reputedly like Xi to continue as a ‘figurehead only’ leader until the next congress. The situation is complicated by the fact that potential Xi replacements are thought to be reluctant to become CCP general secretary unless they are also appointed to Chairmanship of the CMC.
Historically, this is not surprising. The only two general secretaries who did not hold the chairmanship of the CMC were sacked from office; Hu Yaobang in 1987 and Zhao Ziyang in 1989. Both these leaders were removed by Deng Xiaoping, who never held the post of CCP general secretary; Deng’s role as China’s supreme leader rested solely on his chairmanship of the CMC from 1981 to 1989 – a clear indication that, in China, the ultimate ring of power is held by the army.
In July, it was noted that at the dinner held to celebrate the 98th anniversary of the founding of the Chinese People’s Liberation Army, several of Xi’s enemies were seated on top tables. The biggest surprise was the reappearance of General Liu Yuan. After disputes with Xi Jinping, Liu made a dramatic resignation from the PLA in 2015.
The Chinese leader’s high-profile wife, Peng Liyuan, has also largely disappeared from public view
Liu is the son of Liu Shaoqi, who succeeded Mao as chairman of the People’s Republic of China. Liu Shaoqi was subsequently arrested and killed during the Cultural Revolution. His crime was to favour liberalisation of the Chinese economy. Indeed, during the Cultural Revolution, Mao referred to Liu Shaoqi and Deng Xiaoping as the ‘number one and number two capitalist roaders’. The reemergence of General Liu Yuan after a 10-year interval seems to confirm the dramatic political shift back to the ‘capitalist roader’ path forged by Deng Xiaoping.
Given the parallel but opposing narratives of current Chinese politics, China watchers will be fixated on what happens at tomorrow’s military parade. Protocols and placements at the parades and dinners will be analysed in detail. Some have even suggested the possibility of a coup.
This seems highly unlikely. Instead, China watchers should wait for the 4th plenum of the 20th congress. It was announced on 30 July that this will take place in October. If there are major changes in the Chinese leadership before the 21st CCP congress in 2027, they are most likely to take place at a plenum session of which there are usually seven during a five-year National Congress term..
The most talked-about successors to Xi are Hu Chunhua and Wang Yang. Hu, an acolyte of Hu Jintao and his Communist Youth League faction, is a liberal who was surprisingly pushed out of the Politburo’s Standing Committee at the 20th national congress in 2022. Wang Yang, another liberal and a former Standing Committee member, was similarly discarded when Xi embarked on his third term of office.
These are interesting times in China; perhaps President Trump should have accepted the Chinese invitation to attend the 3 September celebrations after all – if only to get a peek inside the secret world of Chinese politics.
Silverngold
MUX certainly has been a poorly run company. Perhaps they can gain some traction here. They did come out with a bit of positive news today:
McEwen Reports Attractive Gold Intercepts at Grey Fox; Results Support Resource Growth Ahead of Upcoming Resource Estimate; Gibson: 10.1 g/t Gold Over 5.8 m (25GF-1597) and 10.4 g/t Gold Over 5.6 m (25GF-1564), GFS: 4.8 g/t Gold Over 14.9 m (25GF-1575)
Maddog – interesting chart on silver
doesn’t look like it will reverse lower when it hits $50 this time around does it?
GLD, SLV and HUI all have RSI’s in the 70’s now, normally that’s a stopping point and good for a correction. Tough call though, especially when we’re going up against everything. Dollar is up, rates are up, and the SM is down. Usually, we’d be under pressure.
Is there something else going on that we’re not seeing yet?
Will be interesting to see how they close the shares.
Ipso
One pattern I see is their not so good with hard targets just soft targets. The unarmed law abiding who they want to bully into softer targets. That’s why these migrants disrespect them and think they can boss them around or attack them and can find out that the citizens unlike the government will ask them where do they get off telling them anything ,can fight back and then they turn around and call the police on them. So citizens are videoing them and they don’t like it because it can show they’re committing a crime or who started it. So who’s worse, the migrants or their own government.
If their government that obviously can’t handle hard targets and want others to fight their wars , who’s citizens fight back other than picking a individual out they need to stick together and become hard targets that make these culprits lives miserable instead of the other way around everytime they try. This is not a civil reasoning or talking match,that went out the window, this is a up yours Marxist take action match.
Ipso
All I know is what little I can get like anybody else that cares to find out. According to that video and Lagarde who they said was a convicted criminal she likes the Chinese model of CBDCs with a don’t use it lose it expiration date to take their independence plus they freeze accounts. A while back I read about a few Chinese men killed themselves after the government froze their accounts over social credit I can’t remember exactly but not even serious because they were cut off how could they pay for or buy anything. These people in Europe are already evil now, imagine how evil they’ll get if they get control like that.
Maddog @ 13:40 What’s wrong with this picture????????
Gold topped in 2011 at $1923.60
Mux topped then at about $95
Now gold is about $3500, over 50% ABOVE its 2011 high
Silver is approaching its ATH
…and MUX is about $14, About 90% BELOW it’s 2011 highs
What am I missing?????????? Opportunity or continued disaster?????????
SNG
The Federal Reserve Is Finally Totally Screwed, Rest In Peace
Look at the price of Gold today up $75. The global bankers are toast. So are their Federal Reserve Notes. Normally they raise the rates to quench kill gold, but rates are too high for todays prices of cars and houses.
We were able to afford 18% mtg on a $40k house, or on a $2500 car but 7% on an $800k house??? Or 10$ on a $50k car loan? Screw the Fed they are like a global gov’t. They charge an “inflation tax” and have been working with other gov’ts to share US wealth around the world.
Basically there is inflation on the Fed Res Note fake money, but real money, Gold is GAINING value so everything is getting cheaper if you own gold or especially Gold miners.
Maddog @ 13:47 re: AG moonshot
Watch out! The rocket ship is launching! Thanks for the charts! 🙂
goldielocks
Certain powerful people are intent on causing as much chaos and mayhem as possible. Sure looks like they’re succeeding. If you call the WEF the culprit I don’t think you’d be too far wrong.
SNG
Your a trooper. I brought up your Boron treatment to my friend. Besides construction as a contractor plus builder I know he did a lot of lifting in Vietnam picking up wounded soldiers in the Army and putting them in the chopper under fire. He never mentioned it but when we were out and about some vet walked up to him he recognized him and said do you remember me? He said their company in short was in deep fire and his chopper I think a Hui he flew came down and he pulled that guy in the chopper. Then I started learning more about it. How the burnt body’s he’ll never forget. He has some pstd now that. Then he went in the Air Force next to Europe. Makes me wonder thought how much is CMT and how much is the aggravated arthritis with me now. So I told him about it and more later and myself.
