Maddog
Thanks for the charts! I’m ready for the turn!
Buygold @ 13:48
Now Now the situation is just “temporarily hopeless!” 🙂
I hope there’s hell just so Fauci can reside there. If anyone deserves it!
There could be a silver lining
The Fed doesn’t often let the market fall the day after a meeting, so they could send in the PPT. We might catch a bounce.
As always though they took out so much buying energy today. Might be hard to find more after burning every new buyer today. The dollar may rally back too.
Tough game for pm’s.
5 minutes to take silver negative
If not, they’ll do it in the AH.
What a country, as the dollar is hammered.
Ha! They came within 11 cents. Nice work boys!
Check Out DFNS
It went from $4 to $45 in three days.
I just took a shot and bought 40 shares at $48.57 or $1943.20 cost.
We’re lucky the metals still have any gains
Shares getting flushed as they dismantle the SM.
Buygold
Yeah but don’t tell anybody once they figure it out cuz it won’t help the PMs.
How is it possible
with gold up $70 and silver up over 3% can ANY pm share be down still??? And yet….
treefrog – got it
Re Dow Down 881 Points
I’m thinking if the indices keep dropping it should be deflationary, it would lower the money supply. Maybe even lower rates. I remember the 1970s the rates and Gold went up together until they hit 21% on the prime rate and 18% on variable mortgagees.
buygold,
no clue as to what may play out along those lines, but the possibility preserves his fifth amendment rights.
Warsh must be speaking now
and sounding less hawkish.
Thataboy Kevin! Tell em you’re firing up the presses!
Taking a little leg up. The QQQ’s have turned, we may have a chance.
treefrog – interesting
So, if not federal, are you thinking he’ll be charged in individual states and therefore is taking the fifth to protect from that future action?
Hope so maddog
but looks like a head fake at the moment.
To be clear, there’s just no way they’ll allow us to move higher with the SM down. They have been killing momentum for the last 6 months.
I hope I’m wrong because a decent up move would make that GDX chart look a lot more appealing.
buygold
fauxci has a pardon, but it only applies to federal crimes. thus, he retains the 5th amendment rights.
Nearly there….the short who has sat on this mkt for weeks is now caught…..they may find no sellers to buy back from
Hourly well thru
Alex – of course you are right
He has the right to take the fifth. He also has a pardon from Biden if I’m not mistaken.
I suspect he’ll be like the rest of them and walk away unscathed and rich.
So, it looks like they went with the frontrunning plan yesterday
Now will they let us recover and hold the gains we lost?
No doubt, the insiders had the scoop well in advance today, which should tell us that its the govt. that is doing the selling all day, every day. Everything is so corrupt. They don’t even try to hide it anymore.
As much as I hate what Fauci did , he does not have to self-incriminate
but Rand Paul has the evidence . I do not believe he can escape justice and doing time after after an honest court tries him .The congressional hearing exposes Fauci’s guilt to the public. If a kangaroo court exhonorates him , I think the public has had enough of corrupt federal judges to start taking street justice . Lawfare is just about to go off the cliff as the public awakens . I will be happy to see the end of wokism .
Ipso
Fauci should be handcuffed the moment he stands up. He had all the snippy answers when Rand questioned him before. It should be illegal for him to take the fifth.
The little rally in the metals is a head scratcher. Probably just a head fake to suck in more of the hapless bulls like me. 🤨
It does go to prove that the shares are hopeless.😔