The guy in the video said $75 by year end. Is that really possible with two weeks left?

The earnings from these silver companies should be huge.

This is crazy to me. The general public hasn’t even joined yet.

Is that the new trend for 2026?

Looks like we’re busting through the triple top in the HUI. Shares outperforming for a change – they should be.

I don’t see how they’d do it, but I’m sure the scum would love to flatline or crater gold while that gold/silver ratio gets back to 40/50-1.

I just don’t see it. 2026 could be the year of the mining stocks. Hope so, earnings growth should be phenomenal.

Fed Chair Powell’s Track Record & Credibility Crisis: From “Transitory” to QE “Lite” in 3 Years … and what comes after!

Jerome Powell thinks we are all fools. He believes he can stand at a podium, look the world in the eye, and tell us one thing while his hands are furiously doing the exact opposite.

Today, the Federal Reserve Chairman did it again. After the last FOMC meeting on October 29th, he explicitly stated that another rate cut was “not guaranteed.” In fact, his tone was so hawkish that odds of a 25 bps December rate cut (orange line) dropped to about 20% in the weeks that followed, before shooting up to over 80% in the last week or so, once the market realized it was only hollow rhetoric.

Today, he cut rates by 25 basis points. This is the third consecutive cut, for a total of 75 basis points, each one preceded by hollow, hawkish rhetoric that fizzled within weeks.

But the rate cut isn’t the real story. The bombshell, the admission of defeat, the signal that the endgame has truly begun, was buried in the fine print. Powell announced that the Fed will begin a new program of “QE Lite,” purchasing $40 billion in Treasury bills every month.

This announcement comes just ten days after the Fed officially ended its Quantitative Tightening (QT) program on December 1st.

Let that sink in. The Fed couldn’t even survive for two weeks without printing money. This is a stunning, panicked reversal. It is a public admission of the Fed’s complete impotence in the face of overwhelming debt and political pressure.

It is the most bullish signal for hard assets since the Fed’s infamous “transitory” inflation call of 2021.

Powell’s words are now completely meaningless, a smokescreen of Fed-speak designed to obscure the ugly truth. He has been wrong about everything: the inflation spike, the stagflationary reality, and the path of rate cuts.

His credibility is not just zero; it is negative. The only rational way to interpret his statements at this point is to assume the opposite is true.

And his actions, the only thing that now matters, are screaming that a massive, full-blown QE program is not just possible, but inevitable.

The trend is our friend, and Jerome Powell, through his forced actions, has become the most bullish force on the planet for gold, silver, and the miners that pull them from the earth.

So, Let’s Dig Into The Following:

1. Powell’s credibility chasm. | excerpt: “And all of that data will point to the same ugly reality: significant weakness in the economy. Consumer data, bankruptcy data, jobs data, manufacturing data, trucking data; all of it is flashing red.”
2. The pivot that isn’t coming but is already here!
3. Caught in a viscous circle without escape. | excerpt: “The previous rate cuts have done nothing to help the economy or stem the rise in joblessness. The economy is faltering hard, and the consumer is buckling under the weight of persistent inflation and job insecurity.”
4. The inescapable forces that are forcing the Fed’s hand!
5. The perfect storm for the miners! | excerpt: “This creates a situation of massively expanding profit margins. The miners’ revenues are soaring as the price of their product goes up, while their costs are remaining flat or even declining. This is pure rocket fuel for their stock prices and that is still ahead of us.”…

EU Rushes To Secure Russian Assets Under Emergency Powers, Bypassing Hungary Veto

https://www.zerohedge.com/geopolitical/eu-rushes-secure-russian-assets-under-emergency-powers-bypassing-hungary-veto

Rep Massie Introduces Bill For US To Dump ‘Cold War Relic’ NATO

Conservative and outspoken libertarian-leaning Republican Rep. Thomas Massie of Kentucky introduced legislation Tuesday for the United States for formally withdraw from NATO. Sen. Mike Lee is also helping lead the charge, introducing companion legislation in the Senate.

The bill argues that the US military cannot be seen as the police force of the world, and that given NATO was created to counter the long-gone Soviet Union, which no longer exists, American taxpayers’ money would be better spent elsewhere.

“We should withdraw from NATO and use that money to defend our own country, not socialist countries… US participation has cost taxpayers trillions of dollars and continues to risk US involvement in foreign wars… America should not be the world’s security blanket – especially when wealthy countries refuse to pay for their own defense,” Massie said.

https://www.zerohedge.com/political/massie-introduces-bill-us-dump-cold-war-relic-nato

The way he predicts the market it reminds me of the Titanic. Where the mark up is when the bow starts to sink and the aft “metals’ starts to rise. Then it breaks crashed back down, what he expects next, then the bow continues to head down parts of the economy”  and the aft or stern “metals” and energy starts to seriously rise to the sky. Then I guess were gonna need a new boat and a captain that doesn’t get pressured by some reckless arrogant show off  into jeopardizing the passengers to supply their weak ego.

Commuting in So. Cal. 60s
https://www.railpictures.net/photo/890933/

Good I’m glad. Get enough drinking water for awhile less you have a good filter. Boiling water isn’t always good enough when other things in debris and land pesticides and chemicals are in the water. All else fails collect evaporated steam if it’s bad enough. That takes awhile though. I did it before, for a dry run test. Takes a lot of fuel less you can use the sun just to get a half of glass of water less you have a big container to heat up.

No major worries. May have to fire up the sump pump but we won’t float away.

Knock on wood 😉

I hope your not in one of those flood zones. I’m glad they’re evacuating before the floods not after so they can protect pets and live stock too and hope they have good warning systems.

100k people to be evacuated. Glad I don’t live by a river! The governor is going to ask for FEMA help. Last time Trump denied it, this one is much bigger. Rivers crest on Thurs.

Don’t give em any ideas!

No two alike …

Individually identifies every arsehole on the planet. CCTV cameras will be installed in all pavements.

Don’t forget the anal probe!

It is TOO MUCH isn’t it!

All these restrictions on what you can do would drive me crazy! Sounds like the unions have really got the system in their pocket. I don’t think Americans would stand for these rules but I’d guess it was a creeping sort of restrictions a little here and a little there continuously. You can save a lot of money doing repairs yourself! I hate having to call in a plumber! 🙂

Cheers

I gotta say Maddog that a lot of your politicians should be in jail … same as here but at least we have some people with sense currently in office. That would be an earth shaking change if the US and EU had a split. Almost seems like they are forcing it with the unrealistic peace demands re: Ukraine. I agree it sure does look like they don’t want peace. What to do!

Cheers

That regulation in GB is a friggin monster … like your example, it destroys free enterprise. They are going to kill the economy and that will give them the excuse to go full socialism. I forget who said it but “The power to tax is the power to destroy.” More true now than ever!

Cheers

Re: Dolly Varden and Contango Gold … I think you’re right on the money. The two companies have a lot of synergies between them and the whole should end up greater than the parts. I’ve thought about buying some more as well!

Cheers

https://www.zerohedge.com/political/us-ask-visitors-5-years-social-media-history-under-new-plan

The list also includes;

• Telephone numbers used in the last five years
• Email addresses used in the last 10 years
• IP addresses and metadata from electronically submitted photos
• Biometrics – including facial, fingerprint, DNA and Iris data
• Information about one’s family – including  names, telephone numbers, dates of birth, places of birth and residences.

the Trump administration wants to evaluate social media histories to “understand the person’s view of general politics around the world.”

And, you can only apply from a phone app. Not a website. I’m sure once they realise what a roaring success this is for “understanding the person’s view of general politics around the world” that it will be extended to the general population too. Maybe not by this administration, but eventually.

Such as C11600;

“Alloy Grade UNS: C11600 is a high-quality copper alloy with a small percentage of silver, known for its enhanced electrical and thermal conductivity. The addition of silver improves the alloy’s strength, resistance to oxidation, and overall durability, making it an excellent choice for demanding applications in electrical, electronics, and telecommunication industries. C11600 offers excellent formability and is often used in connectors, terminals, and other components that require both high conductivity and long-term reliability. Its unique combination of copper and silver ensures superior performance in environments where electrical efficiency and resistance to corrosion are critical.”

Silver only has a small benefit over copper for resistivity and conductivity, and is 15% heavier. You can be sure that metallurgists all over will be experimenting to find an alloy closer to silver than we currently have. Even so, silver will eventually price itself out of the market.

Or there will be technology that removes the needs for contacts/switches as we now know them. They really are an anachronism in today’s technological world.

they sold down the shares into the close. Typical scum reaction. If they can’t get the metals they’ll get the shares, anything to keep enthusiasm from coming into the entire sector. AEM was particularly weak all day, yesterday as well, putting pressure on the HUI/GDX.

$62 is about here. $64 tomorrow?