Should the US blockade be suspended before Iran's nuclear program is addressed?
Total Voters: 42
Loading ...… a must listen … listen closely … the world is in chaos and your enemies are closer than you think … expect pandemics – lockdowns – and famine to follow war …
… buckle up butter cup … decentralization will accelerate now … the old system will collapse … physical PMs are a must … prices are still low … everything else is subject to confiscation … all dips should be bought … the lower the better.
Let’s see how prices finish the week.
Spit
“Short interest” I’m not surprised!
Looks like more shock and awe to me.
These people have a big problem sourcing physical right now and they are doing their damdest to shake some loose.
Look PMs are crap … but our crap is not crap … turning the screws to screw with people’s heads.
Looks like a good spot to buy physical no matter what … they might not be Johnny on the spot here to start monetizing with abandon … but they cannot afford to let their digital world collapse or their dreams of domination go up in smoke … so when the liquidity problem hits stocks and bonds too … they will have to step in … and that time is not too far away.
Move slow and steady.
Mornin all
Well, I guess we’re in a much bigger correction as the Adens said then. $4650 was zero support. This is the only sector in the markets that does this stuff and the problem with these kind of collapses is that people sell and never touch it again. Why would they.
If we experienced normal corrections, we’d have a much more investible sector, but what out there goes up and then continually collapses? Nothing.
This is only an investment FOR a collapse of currency. That’s it. Although, I think we’re in luck this time. Trump’s brilliance will cause the collapse of the US and the dollar. I think Macron is right, we (the dollar) are going to be isolated, and then trashed.
To me, the picture is becoming more clear on at least how I think this all ends. By the time gold goes to the moon, it will still be worthless to us because we won’t have a country to spend it in.
I’m going to take a break guys, I don’t see any reason to watch and comment on this stuff anymore for a while. I’m not selling anything anyway, so what’s the point?
Watch for China to move on Taiwan, we are too stretched to defend them. Iran has shown that our aircraft carriers no longer rule the seas, because of missiles and drones and have been pulled back 1000 kilometers from the action. They’re surely not going to be able to defend the Taiwan strait.
I noticed a lot of the miners had increased short interest since Feb especially closer to the end of February.
I’m guessing those who got caught up in FOMO buying for short term profit not looking down the road, even if they don’t need to sell it are going to sell it and may regret it later. Those caught up directly or indirectly in the wars is understandable. I’m hearing it not just oil tankers being blocked. All shipments are being blocked and some business owners, I don’t know how many are freaking out.
I just called it as I see it. Another Smile in your face all the time they want to erase your race, uh I mean take your place. That would probably get me a room in the dungeon in London. It brings back memories when I was about 5 on my great aunt and uncles farm and they tied up the watch dog with a lot of slack but still had a lot of slack. I was singing to the dog from a distance something about ha ha you can’t catch me. If it wasn’t for the watchful eye if my uncle that probably wouldn t of went well.
Looks like some major entities with oil losses are needing to raise cash quickly.
Gold the first source of quick liquidity.
Dog
Typical C wave action …especially as we are in a 3 rd wave of the C,….nastiest of the lot.
Also Adens last report …last week….said Au must hold 4650 area, or we are in a bigger correction…….whenever they put out a number in Gold/Silver, the shorts go for it.
Though have to say..to see PM’s collapse, while the ME is on fire literally and Oil exploding, has to take the biscuit.
There is hope in the UK…fastest growing political party in UK, is Restore ..only 4 weeks old , already larger than Conservatives and backed by Musk
The paper markets say that there’s no reason to own any kind of protection that the metals may offer. Beyond mind boggling for me. I’m going to turn my screens off for awhile!
SM futures barely down now. Dollar a smidge lower. Rates pretty much flat, only up 1 bip.
Everything is looking better except pm’s, which are looking worse, much worse.
even with the dollar and rates flat. I’ll never understand pm’s reaction to high inflation, then again, I’ll never understand their reaction to war and crisis either. Regardless, it appears our parabola is over for a while. It was a helluva run though.
SM futures not down much, thought they’d be down more.
Not much good news lately and this doesn’t help. One of these days though, we’ll see a reversal out of this and it will be glorious. 🙂
BTW, Shanghai buckled to the paper kings again, dropping their spot over $8, all the way down to $81.90. Apparently, the buyers have flipped to sellers and silver is plentiful again. At least we won’t have to hear from all those fools calling for $300-$600 silver anymore.
I recall seeing Madame Sarkozy, such an elegant, chic lady walking up the steps into the White House with Mrs Obama who hunched and stumped like, well, Shrek.
After seeing those beastly migrant creatures riding down the streets on horses with arm bands, something came to mind. The Planet of the Apes.