the wailing and gnashing of teeth on CNBC with Cramer et al screaming out for a rate cut🥴🥴🥴🥴
Cue up……
I’ll bet!
Wall Street Mav
@WallStreetMav
·
33m
BREAKING: Lawyers are trying to protect their jobs from Ai.
A proposed New York law would ban AI from answering questions related to medicine, law, dentistry, nursing, psychology, social work, engineering, & more.
It is being pushed by the lawyer lobbyists, they included other groups to get more support.
Silver
Really not doing too bad. Makes me wonder if there is some truth in that article posted yesterday about the banks taking delivery at this level.
Actually outperforming today. Trying to find a bottom? I want to see the shares confirm though.
edit: geez, did I just misread the tea leaves
Buygold re. Inflation
You could be right about this inflation rearing its ugly head…..
I like to watch the Baltic Dry Index ( mainly shipping, transportation costs of delivering goods).
The symbol is BADI ( trading at @2200).
I like to look at the chart of BADI on trading economics.com ( I have no affiliation with that website). Presently, this index seems to be bumping up against near term resistance reached last October, and before that, in August. If it breaks through here, the high reached in December (@2900) would clearly be the next resistance level.
@ Deer79 RE: your 8:42 (Poland) & 8:48 (Working Group)
RE: Poland Gold Sales
Poland coordinates with the Scum – Poland makes Big Surprise Sale – drives price down – they buy the same gold back for less.
Poland’s gold doesn’t move an inch.
Both Poland and the scum win – chumps (little gold holders) lose
(PS: our hope – perhaps one day some outsider will scoop their gold before they can buy it back)
RE: President’s Working Group on Financial Markets (ie. Plunge Protection Team) and ESF (Exchange Stabilization Fund).
Both of these are two huge influencers in the Markets that i haven’t heard mentioned in YEARS!!
In fact, it’s been so long that i had almost forgotten about them.
Probably just the way they like it. Thanks for bringing them back to our attention
It is odd
That the entire time I’ve owned gold and silver that not a single time has it done well in a time of war or crisis, financial or otherwise. I guess with financial maybe just not at first, with war – never.
There’s one thing I’m absolutely sure about, this is going to reignite inflation big time.
I saw the post about JPM and B of A taking delivery of silver. It’s so hard to know what their motives might be. I guess we’ll know if they take it much below $81.
Maddog @ 9:33
“Got all shot up”
I haven’t seen that story. Was it recent?
I’m out for a couple of hours. The way the day’s going I probably won’t miss much.
Buygold
“Threatening”
Sounds plausible to me but likely we’ll never know.
Ipsofacto
Re the Kurds Tks for that …Zero was saying they got all shot up by the Iranian Army….but Zero has now gone very Anti Semite…..shame it used to be great and pretty fair .
Deer79
Besides the scum B.S., which is always the biggest factor, the dollar and rates have been moving relentlessly higher.
Ipso – I suppose that could be true about threatening nukes, I believe what’s definitely true is that Israel said they were going to attack because that’s the first explanation Rubio gave.
Food for thought. Charlie Kirk was instrumental in getting Trump elected, he was the lone voice telling Trump not to go to war with Iran. Timely death.
Facial Recognition?
illuminatibot
@iluminatibot
·
16h
A Walmart shopper went viral after receiving an email asking them to rate a product they purchased with cash.
“I didn’t have my phone or any electronics with me, how do they even know what I bought?”
Deer79
Premarket volume below norm but MMs trying to nickel and dime the price up with nil buyers so why, window dressing? Bait and switch?
Hmm … who knows?
redpillbot
@redpillb0t
·
Mar 1
Ex-CIA spy John Kiriakou:
“The reason Trump decided to bomb Iran was the Israelis said, for the first time, ‘If you don’t bomb Iran we’re going to use nuclear weapons.’”
Bloomberg floating stories
Bloomberg also floated an old story ( from last week) that Iran had previously signaled a willingness to surrender its highly enriched uranium stockpiles, just before the U.S. launched Operation Epic Fury.
This clearly demonstrates how ephemeral our so called “markets” are, and how the algorithms can move everything where they want it to go.
This trial balloon took the S&P E-mini futures surging, totally erasing earlier losses.
A gift to the Working Group on Finances that just won’t stop giving…..
Just saw this as well
Poland’s central bank chief laid out a proposal to generate as much as 48 billion zloty ($13 billion) from the sale of gold reserves to finance defense spending as part of a plan backed by the nation’s president, according to people familiar with the matter.
Bloomberg reports that Governor Adam Glapinski outlined the proposal in a meeting with President Karol Nawrocki on Wednesday as the head of state announced he’d seek an alternative to a European Union program that’s opposed by the US.
Nawrocki and his aides have criticized the EU’s €150 billion ($174 billion) loans-for-weapons project as a costly endeavor that would jeopardize ties with Washington.
Glapinski told the president that the National Bank of Poland could generate the profit by selling down some of its roughly 550 tons of gold reserves, which it could then buy back, the people said, on condition of anonymity as discussions take place behind closed doors.
I almost feel like
…..the scum are making these kamikaze bombing runs almost every day now. Perhaps to see if buyers are still around. I’m sure they also have some bids in down below before they start the bombing……Food for thought….
Armstrong
This could wind up a religious war. The neocons, were spreading democracy, we don’t even have democracy. Vietnam mistake, the mid east and Bush. Neocons now pulling Trump into war.
