Was the US attack on Iran the right thing to do?
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Loading ...Pretty spectacular rebound so far, which would seem to say that all the selling after the closes here in the US was phony paper games.
The Shanghai am fix tonight was $126.89, not slowing down a bit. $4 higher than last night.
Pretty tough to get price discovery if the paper has no anchor. Looks like everything that happened after 1:30 pm EST was bullshot.
Good to see you around. Always like your take on things. All best.
Mexico concessions China controls etc.
Metals will probably chop this week. It’s the only way the shorts on the Crimex can profit. They will then short the next leg up until the ultimate top. This rally may last for years with breathtaking downside corrections to shake off all the little guys.
I wish they would do away with extended trading hours. Trading two hours after settlement can really screw the markets.
Miner shares may have had some profit taking but the G/S prices held on.
Ultimately the shorts will probably get crushed, they were getting crushed this am. The shares, especially the silver shares are another story. They seem to be able to move them down with relative ease, although the bigger they are, the harder it is.
deer79 mentioned DVS. It traded over 2 million shares 10x avg volume is a perfect example. I think they will take it back below $5 again within a couple days, then slowly cover. 3 steps forward, 2 back.
No doubt the producers are way undervalued, but the ones that don’t produce are playthings.
I agree this week will tell us a lot but I think we’re in for a couple of rough days.
Earnings don’t start coming out until mid/end Feb. producers should get a big boost then.
Says one hour ago. Talks about what to watch for and of course your stocks.
My account was up big this morning, and now I log in and all the gains are gone. Did someone post the Rally Monkey?
Re Fed meeting
As u say In the past PM’s always had a lid on ’em during Fed Time….what if this attack has occurred ‘ assumeing’ the Fed/scum will lid the mkts as in the past….but if revaluation is the new reality the Fed ain’t going to be there, to back the raiders up……as building shorts is a straight waste of money……the next few days may tell us an awful lot…..
My guess is the shorts will get slaughtered .
Tax or not, the spread with Shanghai can’t get too wide.
They waited until illiquid times – after Crimex and again after the SM closed. If they could have done it this morning they would have, but there were too many buyers.
Probably be a couple nasty days.
More B.S. in the shares.
it will be worth watching what the night shift (west rim of pacific) does after today’s shenanigans.
Oh geeze no wonder it dropped. If I saw that I would of rotated more but not all out of silver to gold.
sharp contrast in the aug/ag ratio before silver’s abrupt drop and after.
I wasn’t watching DVS though.
They are working OT to make sure we made a top today. They hit all the stocks. All of the damage was done after the Crimex closed, still doing it now. Platinum got murdered.
Fed meeting. Going to be a rough couple days if they can pull it off.
I missed something ?
I didn’t I got some out early near 30 I.mentioned a target then a little today and bought something else.
looks like the new “floor” might be more like 108 rather than 100.
Re selling Ag shares…….while Ag is exploding…..talk about mad.
what a difference a hundred and forty minutes make !!
Seems like the gold miners held out better than the silver miners.
They’ve been trying to recall him for quite a while but now we have a large inner migrant population, druggies and coming in from other states and they’re on the left and much voting fraud like dumping piles of ballots on top of mail boxes in buildings where migrants live plus no voter ID..They’re trying to get voter ID back but will have to see how that goes.
Apparently this jerk was made to think by Soros or whom ever he can eliminate gas everything by eliminating the gas companies and extorting non EV trucks 47k each etc at the border and oh everyone will just run out and buy a EV car and all the truckers who go here on will need to buy new EV trucks just for ass hat so they don’t get fined. They dont even have the electric to support that. And what happened to all that money to build charging stations. Disapeared Not just talking about gas but gas heat gas stoves etc would be cut off because he thinks he’s so smart and open borders put him in office. It’s quite obvious what this ass hat is doing. Meanwhile Soros behind the scenes using the climate scam maybe what he’ is really up to is to destroy the whole state…using idiots like him..
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