Peter Schiff
@PeterSchiff
Instead of changing the name of Lake Ontario to Lake America, the president should focus on actually doing something constructive to deliver on his campaign promise to make America great again. The problem isn’t branding, but too much government spending. Do something about that!
Own it all!
Steve Hanke
@steve_hanke
Commodity market guru Jeff Currie on the commodity price supercycle:
“At this point you just want to be long the whole entire complex. Own the energy. Own gold. Own silver. Own grains. Own copper. Own every single one of these markets right now.”
Morning deer79
I guess it’s how they’ve kept people out of the market for all these years. Same with the shares.
Unbelievable to me that gold could be flat with palladium up 6% and platinum 2%.
The corrupt world we live in I guess. Now for the 9 am bleed out.
Buygold
I completely agree and feel your frustration!
The scum have to support Kevin Warsh’s statement coming out later today, where the smoke and mirrors will be dissected by the financial media, and the ponzi scheme will go on!
and there you have it
Gold back below $4600, now down $10 and silver still up $.97 but barely above $70.
All this while Plat and Pall move even higher.
These are the days when I saw them all those years ago, I should have run toward the exits and never looked back. Such B.S.
Yep, here they come
not touching plat and pall of course, but bleeding gold toward red and drip selling silver back down toward $70. It’ll be back below $70 in the next 10 minutes – if that long. I believe Shanghai closed at 0400 EST, so the ball is in the west now.
Every. Single. Time. It was exciting for a couple of hours though.
Update: So, here we are 1.5 hrs later and gold is still pinched and flat, silver has managed to barely hold $70, but up $1.20. Not bad, until you notice that Plat and Pall are rocketing higher, up $43 and $52 respectively. Tough to look at when gold can’t get out of its own way.
Something happened about 0245 am EST
and the metals took off to the upside. Things are settling in now with silver up $1.30 at $70.45. Got above $71 briefly. Plat and Pall also broke to the upside.
Gold went mildly positive and is up a whopping $8, but $40 off its lows. Someone desperately needs gold at $4600 IMHO.
I don’t see anything that would cause this, there is no news I can find. Dollar and rates are flat, SM futures are down a little.
I guess this occurred in Shanghai? Regardless, it’s a big turn for an otherwise sleepy evening, especially for silver which is $2.50 off the lows.
It’s too early for heavy trading in the shares premarket, but looks like silver shares are modestly higher, 1-2%. Maybe they know this isn’t going to stick?
I think Warsh speaks in Jackson Hole mid-morning, but the text of his speech is usually released before the SM opens. Make no mistake, the scum will try to correct this as the Crimex opens and we’ll see what kind of damage the LBMA inflicts.
Treefrog
Soixante-dix ! maintenant , et plus !
Soixante-dix et demi accomplit !
goldi,
yep.
Getting a second opinion the whys.
First priority of second opinion for cancer should come asap not just cancer but including cancer is when something unusual appears that is getting brushed off or guessed by symptoms without verifying if that is the correct diagnosis. For instance it’s a ulser that meds not helping to find out it’s cancer or a etopic pregnancy discovered after it becomes more serious or life threatening.
.
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Treefrog
For silver?
This is strange. Tropical storm was named Dolly but
Coincidental, not purposely named after Dolly Parton. My daughter called me from Florida. Least the relatives flying in most got there from different states by today.
Ipso 15:47;
I know, should be asking for a free 3rd class ticket, actually not even free for that to get deported and do not return. Should be surrending their free ticket to America and then turn around and rudely and carelessly risking injury to drivers because there should be automatic jail and deportation laws on the book for that. It’s a call for demand of a law other countries already have in place if we don’t have one we need one asap.
Sacramento protesters clash over Newscums stop Nick Shirley finding fraudsters bill.
Typical of Newscum.
Millions of tax payers money stolen by migrant fraudseters fake services to children and disabled adults in business that don’t exist. They don’t even have training who would want to use them plus promoting Islam propaganda.
Nick Shirley supporters rally at State Capitol https://share.google/wLqPuTWrMhn8HrLfV
Despite no help from the dollar
We managed a good day. The silver shares outperformed nicely. Good close for the silver complex.
Looks like they want to keep gold at the $4600 level for the week though. Oh well, silver needs to play catch up anyway.
That Russia news is not good. That could get out of control in a hurry. Rumors that King Charles and the PM Andy Burnham? are not staying at their Buckingham palace or Downing Street residences. Putin has his hands full and is getting backed into a corner with Radcliffe warning him a couple days ago not to test NATO. I wonder if these lunatics think they can survive a tactical nuclear exchange?
Not a good scenario IMHO.
Peachy
First Squawk
@FirstSquawk
·
11h
RUSSIAN FOREIGN MINISTRY: RUSSIA’S RESPONSE TO UKRAINIAN STRIKES USING BRITISH WEAPONS COULD INCLUDE TARGETING BRITISH MILITARY FACILITIES — BOTH IN UKRAINE AND BEYOND ITS BORDERS.
No not the Onion
Trump Officially Renames Lake Ontario To “Lake America”
https://www.zerohedge.com/political/trump-officially-renames-lake-ontario-lake-america
goldielocks
I don’t think so … more like imposing their beliefs on society.
Ipso 13:58
You mean they aren’t surrendering ?
Yep
“The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.” – Ludwig von Mises
silverngold
You are charitable! 🙂

