As France Burns, Media Insists It’s ‘Mostly Peaceful’; Blames Right-Wing Influencers
Nice early turnaround
But it looks like we’re getting some of that “normal market action” now.
I think I’d rather just open down and stay down than have hope destroyed.
EVERY. SINGLE. TIME.
Deer79
It takes a special kind of fool to think the federal government will pay you back in gold after 50 years…..
Drones are insidious things
WarMonitor🇺🇦🇬🇧
@WarMonitor3
·
1h
Insane video of a cat alerting a Ukrainian FPV drone waiting in ambush to an incoming Russian military convoy.
Shifting East
Willem Middelkoop
@wmiddelkoop
·
9h
Broker comment on Gold:
‘Price Discovery Moving East: Valcambi, one of the world’s largest gold refiners, plans to establish its first refining operation outside Switzerland in Hong Kong, according to Bloomberg .. The announcement supports Hong Kong’s broader ambition to strengthen its position in the global gold market, with authorities also pursuing initiatives including a gold clearing system, a new bullion benchmark and yuan-denominated gold futures. Hong Kong now has over 30,000 tonnes of gold storage (LBMA’s total incl. ETFs is just 9kt with a rolling float of just 1.2kt), with 1Q27 planned as the official international launch of Hong Kong’s system (currently in pilot mode)’
GB helping the Saudis
Alex Wickham
@alexwickham
EXCLUSIVE: The UK’s Royal Air Force will fly defensive missions to protect Saudi Arabia from escalating Houthi attacks, according to British officials familiar with the matter
RAF Typhoon fighter jets will help defend Saudi cities and infrastructure against aerial attacks from the Iran-backed militant group, the people said. Andy Burnham has signed off on the decision
Britain will also provide an Atlas A400M transport aircraft with heavy lift capability to move kit around Saudi, as well as military advisers
The decision marks an extension of UK support for Saudi in the wake of Houthi attacks which have killed more than a dozen people in Riyadh. There have been multiple attacks on the kingdom in recent days
Buygold
Interesting Gold bond article. Makes a lot of sense.
Not going to watch this daily boot on our necks…..I’m out….
The paper guys came in and reversed oil back around $104
Rates down over 3 bips now and dollar down some more too.
No help for us, but worth noting.
Some more chatter
Shelton’s Gold Bonds: The Plumbing Behind a Gold Deal With China
BY VBL
Could Judy Shelton’s Gold Bonds Bring the US and China Together?
Oil up near $109 – yikes
Gasoline has come down $.30 a gallon in my area. Election shenanigans probably.
Same old this am. Dollar down a smidge as are rates. No help. Shares a little soft pre-market.
deer79 – wondering if we have to wait for a “no-cut” from the Fed next week before there’s any sign of life?
Looks like
We’re going to test the lows from the end of June and July…..@$4000). It’s been an 8 month correction and counting……
