Should the US blockade be suspended before Iran's nuclear program is addressed?
Total Voters: 42
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Gold has been under pressure recently because the U.S. dollar strengthened and investors are worried the Federal Reserve may keep interest rates higher for longer. Higher rates generally hurt gold because gold pays no interest.
If rates stop rising, the dollar weakens, or geopolitical tensions increase, gold could start moving up again. Many analysts remain bullish on gold over the longer term despite the recent correction.
My brief view: gold looks more likely to resume its uptrend sometime in the second half of 2026 than to enter a long-term bear market, but expect volatility and possible further weakness in the near term.
If you own gold miners rather than physical gold, tell me which stocks and I can give a brief opinion on them.
Yes: agi ag drd nak hl cde asm rgld sbsw
LOL … and add various ticks and lice!
Our shares sure suck today!
Re Fauci…..put him in one of those Beagle cages, strapped down.
Senator Rand Paul
@SenRandPaul
Last week, Anthony Fauci notified us that he will not voluntarily testify before the Senate Homeland Security and Governmental Affairs Committee, even though he had previously agreed to do so. Therefore, today we have issued a subpoena for him to publicly testify.
illuminatibot
@iluminatibot
·
10h
Police in Chicago arrest a man for cleaning up trash.
This is what happens when you keep asking for more government, you get it.
I don’t know why they would want it to fail. He is moving forward in science and technology and will put the money back into his projects, not just spend it to buy people like so many others. Although competition is good too, like the next IPO coming up. It motivates the competitor more so the one that leads and can help the consumer too. Unfortunately for every good evil follows that will try to weaponize it we have to watch out for.
Nice trades….of course so many want Space X to fail…..and as Musk is on the side of the Angels, it will soar and ruin their miserable lives.
Former Federal Reserve Chairman Alan Greenspan died on Monday, June 22, 2026, at the age of 100. His wife, correspondent Andrea Mitchell, confirmed he passed away at their home due to complications from Parkinson’s disease.
Yep including speculative talk of multi rate hikes. I haven’t checked all indices but market mixed. The Dow is playing out a bullish reverse head and shoulders while the S&P has formed a head and shoulders. Speculating more foreign buying in the Dow to diversify or safe haven while more local SP not so optimistic. Heavy weight on the PMs while apparently China is gobbling up gold.
According to the below article, there wasn’t a single Co, but loads of junk IPO’s and the mania was way worse than anything recent…..another point is that the Dems etc are desperate for the Mkt to fall, ideally crash, so the talk is gonna be endless…which might be the Wall of worry.
Spcx might try to bounce today but I’m standing aside. There’s two more big IPOs coming next.
I’m trying to remember what the last great IPO was in the dot.com era circa 2001 that initially soared but eventually crapped out and set off the ugliest tech bear market in history.
The dollar is picking up steam once again. Oil back to flat. I’m losing hope for a miracle turn in pm’s.
Needed for the next 20 years
“But a Whimper”: Retail Euphoria in SpaceX Fizzles After Stock Loses $600 Billion in One Day
“But a Whimper”: Retail Euphoria in SpaceX Fizzles After Stock Loses $600 Billion in One Day
at least in the SM and pm markets. PM markets are a daily terror, so no surprise there. What would surprise would be if this was a spike down and reversal that ends the bear market. But I digress…. hope stinks eternal.
What’s odd is that the dollar is flat, rates down a couple bips, and oil is down a buck in the $72 area. So why pm’s then?
Is this the beginning of the long-awaited SM correction?
China is buying I guess, although not their central bank so much. Otherwise buying has slowed around the world according to this:
China gold imports hit 163 tons last month, the highest since March 2024. In the first five months of 2026, China imported a total of 692 tons, up by about 76% from the same period last year.
The Fed will bring down the hammer on inflation with a series of rate hikes this year, BofA says | Fortune https://share.google/bIZLvIKGEb8DwcyBZ
In the UK a little boy age 3 picked up and thrown over a fence into a pond with a alligator. He survived with injuries from fast actions of a worker. Of course they wouldn’t prosecute because he was another migrant. I don’t understand why the crowd didn’t throw the migrant in as a decoy while they saved the boy. We might find some use for them yet.
