who can take this kind of pain?
Makes me think that there’s already someone ( or several banks) that have blown up, and the government is covering their shorts, so the whole game doesn’t blow up!
Just a matter of how long they can keep this up….
Mindboggling how the shorts in the stocks just recklessly sell…… DVS, GOTRF and several others I hold just get hammered……
Karoline Leavitt
Trump’s press secretary.
I don’t know how many of you see clips from her press conferences, but she is an amazing speaker.
Whether from a script, or answering questions.
Always clear, consistent, knowledgable, and to the point. She speaks quickly, without mistake or stumbling or hemming and hawing. And she in synch with Trump.
Mature beyond her years.
goldielocks @ 13:54…Newscum
Why can’t you get rid of the guy and all the others criminal politicians ruining California??? He’s following the WEF/NWO agenda to destroy one of the most beautiful states in America and should be “enjoying” what he has done from behind bars, or from the grave IMO.
This new border restriction on food trucks is just one more effort to ruin the state. I bet the “Beverly Hillbillies” would now be regretting they ever moved to California, but they probably got burned out too with that orchestrated southern California fire disaster, also on Newscum’s watch. IMO it’s time to bring out the pitchforks and run that AH out of the country, or better yet, out of this world. Maybe Elon can use him to test getting through the Van Allen Radiation belts. Nobody ever has but there’s always a first time. FWIW…SNG
Treefrog
I see aprox 46.8. 5010/107
Maddog @ 14:23
What legitimate long would be selling silver miners now! Beyond a bit here or there that would be crazy!
treefrog @ 11:39
The writing was on the wall so to speak! 🙂 And now the penny is going away completely.
Some people are going bust
Few if anyone is long Ag shares in serious amounts……so the sellers here have to be shorts adding !!!!!!
Who else is mad enough to be crushing Ag shares, while the metal is literally exploding higher…which means none of this is over….
Also Ag shares are still untra cheap vs metal….
Buygold
I was afraid that was going to happen after a gap up. Hopefully it’s about over and we don’t have to worry about when they do it.
Mr Copper
I didn’t know that about coal for heat. I only knew suburb gas heating that grew later to central heating and wood stoves on the farms. Everything is becoming so superficial now and if they had their way the remaining workers and familiar faces as in restaurants would be replaced by robots.
Tremors?
Someone dumped a bunch of paper that dropped silver $6. Happened just after covered or panic bought and pushed us up 15% at one point.
Course that queued the algo’s to dump the silver shares and of course they don’t come back as silver stabilized, even though silver is still up 7%.
Scum garbage as usual.
@goldilocks
Hi, thanks for the great memories. Agreed, well said. The good ole days. I remember we had an ice box and a guy with a pick up truck would deliver a big block of ice for it.
I also remember we all burned coal for heat. Delivered by a truck that would come in the driveway and put a shoot into the basement window. There was a spot in the cellar for it.
Plus everything we bought came from local stores owned by local owners, keeping the money nearby. Now we have to go to Home Depot or CVS pharmacy etc taking our money away, all they do now is pay small local salaries. The profits go away.
Sng
While Newscum is driving out oil companies and hanging out with his sugar daddy Soros Trump was opening one of the shut down gas pipelines to help Californians from Newsom idiocy. Newscum is trying to stop him.. Now he’s driving food and supply trucks crossing the border extorting money if their trucks don’t meet his standards like the world will revolve around him and anything his puppet masters are up to try to force their agenda on everyone. Pretty soon 20 gal gas empty gas pumps, no food and supplies. And while he’s busy looking himself in the mirror someone should tell him his hair line is receding.
Mr Copper
It was worse than that.
And no more bread and donut trucks, daily Ice Cream trucks, dime stores, no more milk men, inner city diaper and laundry service, fast food car hops, family drive in theaters, the Avon lady, doctors home visits for kids and I missed those green stamps.
@ipso facto 11:01 @treefrog 11:39
ipso re Nixon severed the remaining link between gold and the dollar and it’s been downhill since. Agreed but he was forced to do it from complaints about giving away our gold t Europe converting exported US Dollars into gold at the official $34 when it was worth $140/oz. So after we stopped the stealing of gold they took away out manufacturing businesses.
treefrog re debasement, agreed I remember the 1960s. I got married at 20 in 1965, I had a new 1963 Pontiac Tempest Lemans, the cousin Vinny car. I was making $1.75/hour plus over time, my rent was $68 a month and my car payment was $68 a month too. Plus wives didn’t have to work.
When I started seeing all those Toyotas and Japanese TV sets coming here, after 1970, I knew the future was going to be bleak.
au/ag ratio
44.08 !!
SNG, 12:10
trump is human, and thus not perfect. so far, i’d rate him about 85-90% – the biggest complaint i have is he’s not moving fast enough, not the direction he’s moving. (granted there are formidable headwinds.) all in all, he’s waaaaay ahead of anybody else we’ve seen in years.
goldielocks @ 11:13 …All good questions. I guess it all boils down to HONESTY AND INTEGRITY!
Only Trump and God know if he has it and is using it, or he does not. It’s not for me to judge. Someday we all have to stand before our Creator and face an honest open book of our lives, with everything we have done in it revealed. I feel I have led a pretty good and moral life, but I’m not a saint and I’m not looking forward to that day when all is revealed, and I doubt if any of us, except Jesus Christ, is… and that includes Trump. Only he and God know. Is he our golden Trumpet??? …or just another cheap tarnishing imitation???? My hope and prayer is that he is solid silver and gold all the way through. SNG
ipso, 11:03, mr copper
i remember coming back to america from school in france , sept ’65, seeing the first of the copper/chrome abomination coinage. having studied classics, history, and economics, the thought flashed through my mind, “OH, SH*T !! DEBASEMENT OF THE COINAGE!! IT’S DOWNHILL FROM HERE !!”
THE BUBBLE IS IN THE DOLLAR, NOT THE METALS
Why Gold & Silver’s Historic Gains Came with a Stable Dollar, Now the Inevitable Dollar Decline is Underway, & it will Turbocharge the Metals!
Gold is over $5,000 per ounce. Silver is over $110 per ounce. These are historic, generational milestones that have vindicated stackers and early investors, and are now beginning to attract the attention of the mainstream herd.
But there is an unspoken truth at the heart of this incredible bull market, a truth that is so profound and so powerful that it is almost impossible to comprehend: the overwhelming majority of these gains have been achieved with a relatively stable U.S. dollar.
Yes, the dollar has lost a staggering ~50% of its value against gold in the past year alone. But relative to other fiat currencies, as measured by the DXY index, the dollar has remained remarkably resilient.
It has been a slow, grinding decline, not a catastrophic collapse. The world has been in a state of managed debasement, with all central banks printing in unison, creating the illusion of stability.
But what happens when that illusion shatters? What happens when the dollar, the bedrock of the global financial system for the past 80+ years, finally begins to fall in earnest? What happens when the slow, grinding decline turns into a waterfall event?
This is the question that nobody is asking, but it is the only question that matters. Because the answer is that the historic gains we have seen in precious metals are not the end of the story.
They are the beginning. They are the prelude to the main event. The dollar’s inevitable decline is the turbocharger that is about to ignite, and when it does, it will send the price of gold and silver to levels that are currently unimaginable.
- You need to understand the dollar’s reserve status is eroding: the dollar’s share of global foreign currency reserves has plummeted from 65% in 2000 to just 40% today, the lowest level this century.
- You need to understand gold & silver’s gains came with a relatively stable dollar: The historic run to $5,000 gold and $110+ silver happened while the DXY dollar index didn’t plummet.
- You need to understand the dollar has already lost ~50% relative to gold in one year: while the DXY has been stable, the dollar has lost nearly half its value against real money.
- You need to understand de-dollarization is driven by sanctions, debt, and de-risking. They need to hedge a decaying system and get out from under the control of the U.S.
- You need to understand the bubble is in the dollar, not the metals, due to unlimited money printing.
- You need to understand VanEck’s models show $39,000 to $184,000 Gold: it shows that if gold were to re-monetize and back the global money supply that’s how high its price would need to rise.
- And you need to understand the turbocharger is about to engage gold and silver as the inevitable falling dollar acts as a multiplier on precious metals prices.
The bubble is in the dollar, not in the metals. Gold and silver’s historic gains have come with a relatively stable dollar, now the inevitable dollar decline is underway, and it will turbo-charge the metals!
Let’s Dig Into The Following:
- The data that should terrify the dollar bulls is coming from institutions such as the IMF and Bloomberg. What’s happening is not a cyclical adjustment; it is a structural collapse happening in plain sight. To put this in perspective, at the turn of the century in 2000, the dollar commanded a 65% share. This represents a staggering 25% drop in 25 years, a decline that can only be described as “literally unprecedented” in the post-Bretton Woods era. Why the the critical detail that most analysts are missing is that the dollar is not losing ground to other fiat currencies, rather, it is losing immense ground to gold!
- The key drivers of the de-dollarization movement are actually self-inflicting wounds. The global exodus from the dollar is not a conspiracy or a random act of market volatility. It is a rational and predictable response to a series of self-inflicted wounds by the United States. For decades, the U.S. has abused the “exorbitant privilege” of having the world’s reserve currency, and the world apparently has finally had enough. Why countries no longer feel safe to finance the deficit of a nation that views them as economic adversaries and the world is seeking alternatives, not out of malice, but out of a rational desire for self-preservation and de-risking!
- There has been an ongoing illusion of a stable dollar and that has been one of the most common and dangerous misconceptions in the market today. This is a classic case of missing the forest for the trees. The DXY measures the dollar’s value against a basket of other fiat currencies, all of which are being debased at a similar rate. It is a measure of relative decline, not absolute strength. However, the purchasing power of the dollar, and indeed all fiat currencies, is being destroyed at an alarming rate. Why the bubble is not in the precious metals; the bubble is in the dollar and that bubble is popping!
- So, what happens when the dollar really does fall vs. other fiat currencies? This brings us to the main point: if gold and silver have been able to achieve these historic gains with a relatively stable dollar relatively speaking, what happens when the dollar inevitably begins to fall in earnest? Why the answer is a turbocharger effect that will multiply the gains we have already seen and send precious metals to levels that are currently incomprehensible!
- The truth is the sea change is already happening. The shift away from the dollar is not a future event; it is happening right now. The evidence is overwhelming and can be seen in the actions of central banks, the statements of world leaders, and the flow of capital around the globe. Again, the truth is, central banks are diversifying their reserves at an accelerating pace. Why gold is quietly reasserting its role as the ultimate reserve asset, not through any official decree, but through the simple and irreversible logic and force of the market!
- And now, with all the incredible price gains in gold and silver, the turbocharger is about to engage. What we are witnessing is not just another commodity cycle. It is likely the beginning of the end of the dollar-centric and hegemonic global monetary system that has governed the world for the past 80+ years. These are very different environments, apples and oranges if you will, and what can appear to be a bubble to the casual onlooker or generally uninformed, is likely just a seismic monetary system shift. Why through the incredible price movements we have seen in the precious metals, the dollar has remained relatively stable against other fiat currencies and believe it or not, this is the calm before the storm and is the moment of eerie silence before the turbocharger engages.
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Sng
Id also like the judicial go ask Newsom what happened to all the RAil money he got off the Fed tax payers and still state taxes and homeless money went.
Mr.Copper @ 10:52
Society was in better shape in those days when the dollar was connected to the price of gold and silver coins circulated freely. Then Nixon severed the remaining link between gold and the dollar and it’s been downhill since.
Sng. Jim who believes gold could easily go to 10k and beyond.
He makes a interesting argument about percentages. Going from 1k to 2k is a big percentage but the percentage of every thousand after decreases so as it moves higher not as a big deal so is possible.
Besides that though much mention of all Trump has done and that isn’t even all. People have to look at the other sectors too, Congress and Judicial, what are they doing besides talking.
ipos facto re Back in olden times 10 cents was a big move in silver
Years ago a silver dime bought a loaf of bread. Today a silver dime is worth $8.54 almost two loaves of bread. I remember a silver quarter bought a slice if pizza and a coke. Today a quarter is worth almost $22 maybe enough for three slices and three cokes.
So the system is in deflation, real money is gaining value rather than losing value like fake fed note dollars.

