Jack Straw
@JackStr42679640
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6h
Sneak peek: Trump administration to talk growth with finance ministers, CEOs in Asheville, N.C.
Treasury Secretary Scott Bessent will host finance ministers and economic leaders from around the world, plus heavy-hitting U.S. CEOs, for the G20 Finance Ministerial in historic Asheville, N.C., from Aug. 29 to Sept. 1.
I know what you mean and think some of what they post even if true shouldn’t be posed in the first place. Your right about the hate Trump fake news media but wonder if some of it is market manipulative. We know one thing for sure, they will sacrifice commodities to save their fiat and bank reserves instead of dealing with cause and effect like fraudulent housing values that cause economic loan walk offs and default or other economy issues by monitizing it, even if their actions are contradictive to their intentions especially long term.
🙂 🙂
Space Aliens are buying our debt. They just can’t get enough of it!
They’re like Belgium but a lot bigger.
Yet wars, which always involve money printing, caused POG to fall and mkts to shrug.
I like Not QE.
(and I don’t like wars, but not just for the effect on PMs)
as did some of the other crypto. I swear that crap was invented just to keep money out of the pm market.
BTW – anyone remember when Peter Schiff went on the CNBC show “Fast Money” and said that miners would be trading like .com stocks? They laughed him off the show. Today was as close as I’ve ever seen them do that, unfortunately Pete was just 20+ years early.
ferret – yeah, it’s just ridiculous and no doubt illegal, especially when you’ve got the fundamentals right and aren’t getting the performance you expect. That’s been the general theme for pm shares and ETF’s for as long as I can remember.
Willem Middelkoop
@wmiddelkoop
·
1h
Major North American Bank Comments:
Gold ripping +4% as the classic conspiracy theory of “yield curve control” has now become a reality
The debasement trade is alive and truly kicking. As we have consistently written, Bessen has a decision given the US’ fiscal math: “save the UST or save the USD; you cannot save both.” His hand has been forced by the recent price action of the long-end of the yield curve.
Conventional Wall Streeters will say this is “Not QE” in the same way the RMPs by the Fed was not “QE.” We still don’t know the full details, but the fact is the Treasury is trying to contain the long-end of the yield curve is incredibly bullish gold.
Specifically, it will raise “by at least double, the size of liquidity support buyback operations for longer-dated nominal coupon securities (10-20 and 20-30yr sector). “At least $4bn per month” to keep a bid for the surging long-end of the curve.
Whilst mainstream insists it’s not QE as the stock of debt is not increasing, there is no explanation for where the buying is coming from; certainly no claim the Treasury is going to be dumping bills to fund bond bids.
Michael Yon: Callsign BIG HONEY
@Michael_Yon
I want this Man as neighbor! And millions more like this Man!
https://x.com/Michael_Yon/status/2089883386185998755/video/1
It must be illegal, as there is no way that the purchase of 1 share for 5.6 cents Australian can constitute an investment. Seeing that the other immediately preceding trades were for six and seven shares the only reason can be manipulation. It doesn’t really worry me as I’m a fundamentalist, not a chartist, but it is certainly irritating. They make money out of it, running this penny share over a range of 0.8 cents on a day’s trading on a regular basis. And certainly this is only something that can be done with computers and algos as if you were doing this sort of thing 50 years ago you were only doing it with $ shares not cent shares as the timescales were much longer, days or weeks not nano-seconds.
Silver’s looking crazy! Nice to be on the right side of that.
PS Eff all the shorts!
All night long!
there’s 66.80 (globex)
66.90…
67…
Yes! I think my biggest day as well! It would really hurt to miss a day like today! Woo Hoo! 🙂
it needs to take out 66.80
Nice close!
Biggest day % wise I’ve ever had.
Oh well, we’ll probably just give it all back tomorrow. 🤣😂🤫
to be WRONG!
GDX try and take out 9%….but everytime it gets there it slips !!!!! I see NEM and Barrick are lagging……are these Algo’s still selling short…seems they still think this is a shorting bounce !!!!!
gold up 4%, silver 4 3/4%.
…and counting —
It will be really interesting to see how they close.
I’m really surprised by the lack of volume. GLD is the only thing I can find that is above average at this point.
I think maddog said that fund buying will usually come in at the last hour? I’d be disappointed if they take the HUI back below 800.
Here Comes QE Lite: Yields, Dollar Tumble, Gold Spikes After Treasury Unexpectedly Doubles Size Of Long-End Treasury Buybacks
going out……. seen this too many times!!!
I’m sure most of us try to do a lot of those things already but there’s nothing wrong with new knowledge.
Cheers
It’s all about your lifestyle habits and how they are affecting your health, and how these 5 simple daily habits will let you live even longer than Sng who has unconsciously followed them for many years. ;o)
