Loading ...Why did the SM turn higher and the dollar take a hit?
silverngold
Thankfully, the technology has sparked significant public debate. Civil rights organizations and privacy advocates argue that the centralized sharing model creates a mass surveillance network that tracks the movements of everyday citizens without requiring a warrant. Due to these privacy concerns, some major law enforcement agencies, like the LAPD, have chosen to halt or suspend their use of Flock systems.
Deer79 Hmmm indeed
Why would he say this now out of the blue and who is the intended audience?
Remember, I talked about what Judy Shelton said Trump would do with bonds in July of 2026.
This was said for someone else’s benefit, surely not the average American.
What in the world is going on?
I feel that something is brewing below the surface that insinuates that there is a potential financial war percolating……
On July 7, Bloomberg publishes an article with the headline, “Gold’s Bull market Has Ended and Now All Eyes are on Bears.”
That same day, the People’s Bank of China reported its largest monthly gold purchase since 2023.
Then this past Monday night on Fox News, U.S. Treasury Secretary Scott Bessent had an interview with Jesse Waters, reiterating his assurances that every ounce of the nation’s bullion is “present and accounted for.”
Also, two large banks in China, are ceasing services that allow individual investors to trade Gold and Silver ( other retail options will still be available in the country).
Hmmmmmmmmmm…….
This is a special kind of special
These guys are laughing all the way to the bank.
Bitcoin is flat though after being up 5% yesterday. Almost like real money.
deer79 – who would have thought
that light inflation, lower rates, a weaker dollar, and now flat oil would cause pm’s and pm shares to selloff?
As I said earlier, the sun did rise this am, so that could be the problem.
A completely unwinnable investment.
edit: oops, sorry, I just noticed the QQQ’s were down. Tech is always a nail in the coffin
I hope so!
The Kobeissi Letter
@KobeissiLetter
·
11m
BREAKING: President Trump says Iran called him “a while ago” and they “want to make a deal.”
The US stock market extends its rally to a new high of the day.
“either for everyone or for no one.” So, why were they firing on other country’s ships?
The Hormuz Letter
@HormuzLetter
·
9h
BREAKING: Iran warns that in direct response to the US naval blockade on Iranian oil and gas exports, “other export routes for oil and gas which serve the interests of America and its allies” will also be closed, including the UAE Fujairah pipeline and Saudi East-West pipeline, per Tasnim.
Iran adds “oil and gas exports from the region: either for everyone or for no one.”
Maybe they’ll succeed this time
West Red Lake Gold Reports Strong Q2 Operating Progress with 73% Increase in Mined Ounces and 51% Higher Gold Production over Q1 at Madsen Mine
https://finance.yahoo.com/markets/commodities/articles/west-red-lake-gold-reports-083000342.html
Mark_IKN has a comment:
Mark
@Mark_IKN
Much better.
Grade still an issue, but throughput made up for it and running the mill at 842tpd over a full qtr will put a lot of minds at rest. If you don’t like
$WRLG.v
from here, either you’ve never looked at the stock or you need remedial math lessons.
Otavio (Tavi) Costa
Otavio (Tavi) Costa
@TaviCosta
·
15h
Copper refuses to confirm gold’s recent weakness.
That resilience speaks volumes.
I suspect gold is about to remind investors why this remains a well-established secular bull market.
Incredible!
Wall Street Mav
@WallStreetMav
·
14h
The company from India known as “IBM” had a huge negative day after issuing a Q2 warning on earnings.
The CEO from India has been firing all of the Americans as quickly as he can and shifted jobs to his family and friends in India. 140,000+ jobs now in India, compared to about 40,000 remaining in the USA.
It’s no surprise that the company is failing dramatically.
winedoc @ 6:41
Sounds like some rough times! Glad to see you made it through! 🙂
Once again
It’s all about pre-positioning ( pushing the paper price of G&S down before an economic # comes out). The scum knew that the PPI number was going to be on the light side ( -0.3 vs. 0.0 expected), so when there’s a knee jerk reaction higher after the number, the gain is very small.
Part of the games they will always play….
Looks like we gotta give it back
The weak performance of the shares yesterday was screaming that we would. Dollar is flat, but the 10 yr. is up a couple bips and oil is up $.60. The sun also rose this am, so that’s enough for pm’s to get trashed.
I suppose there’s an outside chance that the PPI inflation could be soft and we get a repeat of yesterday, but not something I’d plan on.
We are now in the 6th month of this correction.
Welcome back Winedoc!
Glad the back is better. That nerve pain is no fun.
Hope you’re able to check in more often!
Coffee Time ……… Ipso and friends
Hey All
I put in a rough six months with intractable sciatica
Had a laminectomy 2 mos ago and am back in action
I had the best orthopaedic surgeon and wonderful nursing care
Onward Pilgrims
Winedoc
The young are screaming out over and over and no one’s listening.
Extinction might not be too far behind.
China having floods, hail, tornados, multi earthquakes and more disasters
China not too happy their government not putting their citizens. That CCP don’t reflect on themselves or higher powers.
I bet up to the early 2000s not to many thought this would happen.
Silver bits, 1/10 oz silver. A point being made is people having a problem with math may have a harder time trading 90% silver dimes. Might be the new dimes with even partial digital going on. Premiums too high though. They’d have to bring it down to a 10th of a normal or discount premium for a oz.
Sng
I heard on inside edition that Graham was having chest pain earlier after returning from seeing Zelensky but did not seek help. He said he can’t die now. He waited too long, they had to break through the door. If a heart attack would of had a chance but he must of had a serious tear because hardening of arteries with little elasticity.
The guy thrown by the bison did not bother it at any time, it was bad luck. He played Santa on Christmas.
What is seen cannot be unseen?
We only see what we know ( or look for)
Dr P Marik.
y2kdon
You bet! Welcome back!