Loading ...I read in the comments that China who has a population twice ours and survalence has 450 data centers and they want to put up 8000 of them here. The guy said 12000. Not only the power grid but where are they going to get all that water and who’s gonna pay for it?
Data centers one the size of Washington DC is in the works.
And it’s only the beginning, they’re planning more.
We heard about Georgia, we heard about Tahoe although they didn’t say anything about the actual data center or how big it is needing all that power but did you hear about the one planned for Utah?
Mr Wonderful from Shark Tank announced it.
They are going to put a data center in Utah the size of Washington DC that is going to use more than twice power than the whole state uses. 40 thousand acres, 62 square miles. Is it a data center or something else?
He has been taking notes on all the theories he’s heard.
The last one, a event of some kind, something happens to people and gives different theories. Are these data centers also weapons? Just a thought, that kinda energy can harm people. I wouldn’t want to be near one.
Maddog
I wasn’t aware of that. Good point about month end – probably, happens every month.
As for Bitcoin, Michael Saylor has had a tough time with timing his last few buys. Seems the institutions are happy to sell to him.
Buygold
One sign of institutional trading, is trading first hour/half hour and last hour/half hour…..today we saw buying in first two hours plus, but nothing into last hour…….or maybe it was overwhelmed by month end leaning.?????
I do like the bounce off the 200 day.
Maddog – moment of truth?
That chart would be more convincing if it had closed at the highs today but still a good day for us. Shares were decent too considering silver.
So, Bitcoin being sold according to ZH. 9 straight days, 13 of 15. Institutional buyers in gold coming?
This doesn’t look like peace
The Hormuz Letter
@HormuzLetter
·
1h
BREAKING: Iran directly rejects Trump’s Truth Social demands as the complete opposite of what’s in the draft text, denying Iran agreed to reopen Hormuz without tolls or remove mines, dismantle its nuclear materials and hand over uranium to the US or any third country, or proceed without the “immediate payment of $12 billion of Iran’s frozen assets” being the opening requirement, adding Hormuz remains under exclusive Iranian sovereign arrangements and nuclear issues are not and will not be discussed, per Fars.
Trump has also just concluded his Situation Room meeting “to make a final determination,” on Iran, with an Iranian official saying yesterday Iran “cannot regard Trump’s decision as definitively finalized until the financial markets close at the end of this week,” with the concern based on this meeting Trump would formally end the deal and restart strikes at the last moment.
Buygold
Silvers attempt to move up keeps getting pushed back. Big money will still buy gold. It’s just not running for a safe haven yet coming with manipulation of both. Inflation caused by oil and the war is bringing demand for the dollar through demanding more for bonds.
Silver pinned down quickly
Dollar coming back. If we have bottomed, they won’t make it easy to dig out of it.
Never has been.
Maddog
Wasn’t watching gold not to worried about it till you mentioned it but watching silver. Checked gold, had a good follow through candle today but it stopped to form a resistance area it’s got to get through currently.
I wanted to post a video of different theories of the reason for all these data centers. The one he leaves for last is a bit scary. I’ll post it later or tomorrow. Don’t want people distracted right now
Nice turn
Maybe Maddog and Copper have it right? Sure hope so!
Miles to go yet and we need to put some days together but love the turnaround today. QQQ not super strong either.
Let’s go!!!
Ooops so much for the first hour bar idea…..we have lots of buyers….Mr Copper’s $ 4500 looking good.
Maddog
I wonder if they add flavor? 🙂
ipsofacto
aren’t parasite antibody food…yum, yum.
Once again shares were the tell
and first hour of SM open has a decent bearish candle on the Hourly chart……are we back to the bad old days…..?????
Looks like AU will have to drag the shares higher, kicking and screaming…which ois good as that means lots shorts around
who will have to pay up, before long…..with no other sellers around.
Wasn’t it just the other day MSNBC was telling everyone to sell _PM’s….
Maddog @ 9:40
Any peace deal seems a long way off. We don’t really know who in Iran is calling the shots! Seems more likely that hostilities will recommence but I hope not. Maybe sanity will intrude.
No Sushi For Me
illuminatibot
@iluminatibot
·
1h
Sushi under a microscope.
Did you know that both pork and sushi contain by far the most amount of parasites of any meat?
Ipsofacto
Re the Hormuz letter
The IRGC have realised that the MSM will print any old bollox, as long as it is rude/bad for Trump…..Trumps responses are liable to get epic……
What they’re saying … do I smell cordite?
The Hormuz Letter
@HormuzLetter
BREAKING: Iran says the Trump administration is now desperately “requesting an agreement multiple times a day through various channels,” to unilaterally claim a deal has been agreed, with Iran rejecting each of these requests, saying it will not respond until Iran’s terms and goals are “fully achieved” and accepted, which is far from current reality, per a source close to Iran’s Ghalibaf.
AI is a disaster for working people
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode