Poll I wonder how many vote. Pre election maybe have two choices if you can. If you vote or if you don’t with the question just to get the US perspective.
SNG
Mark Twain supposedly said: “If you don’t read the newspaper, you’re uninformed. If you do, you’re misinformed.”
reminds me of the MSM! 🙂
Buygold
When there is runaway inflation like when Biden was in office without this oil tanker problem they could start raising the interest but Europe did want a war with Russia despite the best supplier they had. If this war and can you see what they’re doing..bringing demand here Are they ready for it here? Europe chosing not to use Nuclear power or coal their alternatives are not making it… If this war and supply problems keep on then we’ll see. Be immigration, farming, wokeness and dictatorship, energy, they keep making the wrong decisions. They are only worse off for it digging their own hole and seemingly wanting to pull everyone else down with them. I guess when you live in a social system where they get everything handed to them that’s what happens when they make decisions and judgements based on that mindset.
Ps referring to their leaders and their propaganda.
aufever
Aye sir!
It is kind of funny though that our “strong dollar” is buying less and less of the things we need to live.
Do you have any thoughts on the Fed meeting? Are they going to raise? Does it even matter? Don’t governments usually raise when they’re trying to defend their currencies?
Shares did a little better at the end of the day. So, there’s that.
Buygold
You do understand your mission, your charge, is to keep the dollar down and gold up, not the other way around?
😁
Deer79
Another Fed meeting? Yuck
I don’t think they’ll raise but who knows? Maybe they want more dollar strength against all the world’s crap fiat. Because that’s the only thing it’s strong against. Regardless, we’ll get the usual beating.
If so, it will go along with my intentional crashing of the economy theory.
Not a bad day for the metals, just too bad the shares trade with the QQQ’s or the DIA’s but only when they go down. Such a deal.
silverngold
No consensus there!
ipso facto @ 10:32 On the poll
That is about as even as I have ever seen a poll with Oasis members being on both sides of the fence… I think I’ll just stick with the sure thing, which is Silver and Gold, in hand. SNG!
A busy week…..
Any/all of these events are reasons to ramp up the manipulations of markets….
1) Federal Reserve meeting concludes on Wednesday ( anyone think the Fed will raise rates?)
2) Bank of England on Thursday
3) Bank of Japan on Friday
4) US Q2 GDP and June Core PCE inflation ( both on Thursday)
5) Euro area Q2 GDP (Thursday)
6) Japan CPI (Friday)
7) China official PMI ( Friday)
8) Microsoft, Meta, Apple, and Amazon ( accounting for 17% of the S&P 500) report earnings / first 2 on Wednesday, latter two on Thursday)
Rambus
Pm Complex Bounces , Bulls Hold Charge – But the Bull Trap Risk Looms Large
Just getting there ahead of us
Japan Is the First Domino in the Sovereign Debt Crisis
Looks like NVDA is crapping in the QQQ’s cereal
but the QQQ’s are crapping in our cereal.
Willem is right and getting cheaper by the minute.
What did deer79 call it?
“The Maxwell House effect”?
Looks like they’re starting it early today. In the overnight hours silver was up more than plat and pall at one point. Now it’s gains are down more than 1% below them.
Just further proof that it only happens to pm’s.
Shares slowly drifting south as well. Peachy.
Well well Peter Shift is taking the sides of slave driving for personal profit of the ogre employers.
Listening to economics strgetists, some trying to sell you something or a line of bull or an agenda so have to watch out or just take out what theyre up to.
Anyways they’re saying the unemployment numbers are down but the reason for that is because they’re hiring less so firing less if they don’t need them anymore or trying out new people to see if they work out or not is not happening as much.
That will put pressure on the remaining staff to have to work harder because they are short handed or take on tasks that are not their job description or both. On the employers agenda is what your watching out for but see they are slave drivers for more profit for themselves at the expense of others making the money for them. They try to argue that’s not slavery where you’re not getting paid. As far as Trump putting tariffs on countries using slave labor for lower wages competing with countries with fair pay. As we know that will depend on the company’s because they can do the same thing here. If they are doing the work of one in a half or two people and only getting paid for one then they are slave driving making them do the work of two for free for the employers personal profit. Same for forcing them to work OT and not paying them OT. It’s slave driving and a hostile working environment to force them into overtime when they already put on a full day and are tired and need to rest. That’s when work injuries or causing risks of accidents to happen. The employee has a right to say they are too tired without harassment or retaliation because of the companies fault unless they’re slaves of course which is illegal. The companies will also not take responsibility for any accidents in or out like auto accidents from over tired employees. They are creating a unsafe working environment not to mention causing problems in their personal lives.
These type of people never learn because they will lose these people soon as their able to get out of there.
Dollar has firmed a little
while rates are about the same, down 5 bips. Oil now down 7%
SM is stronger. PM’s are once again well off their earlier highs, even as plat and pall have strengthened. Shares up a couple %
Looks a lot like more of the same. If the SM stays strong, they throw us a bone. If not, adios.
Dollar down, rates down, oil down 6%?
Not sure why oil would be taking such a big hit, but no doubt it’s kicking up the SM futures and even pm’s.