You may well be correct……shudder.
Deer79
They probably would inverse our portfolio values and demand that we owe them money! This sector is a sham a minute
And all of this carnage
in the PM sector is happening today with the DJIA ONLY down some 1.3%! I shudder to think what would happen if the stock market had a real 20-30% correction!!!!
Big Picture Au
Weekly close only shows clear A-B-C down If C = 0.618 of A then the closing target is @ 4350…ie where we are now…..If C = A then the target is @ 4050
and we have not even got near only the 38 % correction of the entire wave…..so still a v strong mkt…
Trump rages
He wouldn’t last a week in the pm markets talking about what things “should” do. He ought to thank the paper pushers, they are crushing commodities for him, helping with the inflation his war and his buddies in Congress have created. Talk about what things “should” do. I hope the market crashes on him. It’s been crashing on us for 15 effing years.
Another Thought
The best performers, like Gold, (from 2022 to 2026) have the biggest corrections, and then the biggest rebounds. Gold and Silver have been in correction since March 6th. We may be near a bottom.
Gold 5 years https://finviz.com/futures_charts?t=METALS&p=m
Indices 5 years https://finviz.com/futures_charts?t=INDICES&p=m
P.S. I’m glad I hung onto my SOXS semiconductor bear times three, up 23% today.
I’m tired of watching this depressing bullshit…
I’m going to go mow the lawn.
Is The Dow Jones In The Graveyard In The Sky Above 50,000?
I used to get the Dinesletter, and from 1968 to 1982 every time the Dow got above 1,000 he would say….The “Dow is in the graveyard in the sky above 1,000” Finally in June 1982 he flashed a long term sell on inflation related investments and made a long term Dow buy signal at 796.
Re inflation, most things cost 20 times today, the true inflation rate. However, the Dow today is 51 times more, way too far above the inflation rate. So today, June 5th 2026, Mr.Copper says The Dow Jones Is In The Graveyard In The Sky Above 50,000.
Another possibility, being most things are in reverse, even a 1929 style crash and a following deflation, with real money like Gold gaining more value is possible.
MAC addresses and Bitcoin
That’s a good point, but a MAC address is usually not one of the main ways investigators identify cryptocurrency users.
A MAC address is a hardware identifier for a network device, but:
It typically stays within your local network.
Routers on the internet generally don’t pass your MAC address from one network to another.
A cryptocurrency exchange like Coinbase usually cannot see your computer’s MAC address directly across the internet.
Investigators are much more likely to use:
Exchange records (KYC) — driver’s license, passport, address, bank account.
IP addresses — what internet connection was used.
Blockchain analysis — tracing funds between wallets.
Email accounts and phone numbers used for exchange registration.
Device fingerprints — browser characteristics, cookies, operating system details.
Bank records showing money flowing to and from exchanges.
That said, MAC addresses can become relevant in certain situations:
If police seize a suspect’s computer or phone.
If investigators have access to a local network (home, office, Wi-Fi hotspot).
If malware or forensic software collected the MAC address.
If a user connected to an exchange through a mobile app that gathered device information.
But for tracking Bitcoin transactions across the public internet, MAC addresses are usually much less important than exchange records, IP logs, and the blockchain itself.
The broader point remains: Bitcoin’s weakness as an anonymity tool isn’t usually that someone knows your MAC address—it’s that the blockchain is public forever, and sooner or later many users connect their wallets to a real-world identity through an exchange, bank transfer, or other digital trail. Once that link is made, investigators can often reconstruct years of transaction history.
Re The Sudden Large Drop With Gold and Silver
I strongly suspect it is an overreaction because of all the AU and AG highly leveraged futures players that are selling out because they are afraid of any week end news.
The Nasdog is finally rolling over, along with the other indices former old all time highs, maybe its finally the start of a longer term correction for them. Re sell in May and go away?
Indices https://finviz.com/futures_charts?t=INDICES&p=d
Gold has been in correction since March 6th. I think we are botting out here, we usually go opposite the general indices.
Treefrog
One would think so when RSI numbers for Gold and Silver get into the teens…….but like countless times before this, the pain is severe and will take time to heal itself…..
Like an idiot, I still go back to the well, and nibble on some PM stocks ( that I have made a little $ on before). But the most important question for me is; what is it going to take to break this perpetual cycle that we’ve been putting up with for so many years??
Welcome to the Club of Confused….aka the WTF Club.
“Stocks Should Go Up, Not Down”: Trump Rages At Market Reaction To ‘Great’ Jobs Report
Maddog
I don’t know. The thumb on the scale is certainly there. Hopefully gold recovers some …
Gold down $110 Blech!
Maybe China is not the powerhouse we think
Economic Analysis: Indicators Suggest China’s Economy Will Not Surpass the U.S.
Economic Analysis: Indicators Suggest China’s Economy Will Not Surpass the U.S.
Buygold
Well he’s entertaining. He was the first last year predicting the move up while so many were status quo. Now seems like everybody is predicting the PMs are going up this summer, even Armstrong. I just wonder about inflation and the risk of the Fed raising interest rates. It will depend on what’s going on. Armstrong said the dollar could go up with gold, that inflation would not be the only cause gold moves but confidence in the government and economy and money moving to safe havens. With this war we may not even know yet how it could affect the economy, supplies, shortages etc etc.
Ipsofacto
Re smash
Bonds have a no big deal move on so far, so rates are not the excuse and so Dollar shud not really react either
and Dollar has not , but was already Bid, so is stronger
I think they are after the 200 day Av and a general chart break down in AU….and PM’s in general……
Is this connected to the gold smash?
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
Blowout jobs numbers 172K vs. 85K estimates
Apparently, the Trump clan lies even more than the Biden crew.
Ipso – yeah, hope. About that. The guys were dressed for the mission. That would indicate professional. Watch how he scales into the manhole with ease.
Goldie, sorry but…
Dave is full of balomey.
Clash Report
@clashreport
Fourth straight night of protests in Albania over a luxury resort project on protected land linked to Jared Kushner and Ivanka Trump.
Demonstrators are demanding the project be suspended.
Maddog re: Mitch McConell
I don’t think so. I second the notion … what a POS!
Not your friends
illuminatibot
@iluminatibot
·
3h
NEW WORLD ORDER UN Agenda 2030 Mission Goals:
-ONE WORLD GOVERNMENT
-END OF NATIONS
-ONE WORLD ARMY
-ONE WORLD POLICE FORCE
-END OF FAMILY UNIT
-ONE WORLD CENTRAL BANK
-ONE WORLD CASHLESS CURRENCY
-END OF ALL PRIVATE PROPERTY
-WORLD DEPOPULATION AND FERTILITY CONTROL
-END OF HOME AND CAR OWNERSHIP
-MANDATORY MULTIPLE VACCINES YEARLY
-UNIVERSAL AUSTERITY INCOME
-SOCIAL MEDIA DIGITAL ID
-MICROCHIPPED FOR HEALTH, SHOPPING AND TRAVEL
-IMPLEMENTATION OF CHINESE SOCIAL CREDIT SYSTEM
-GOVERNMENT-RAISED CHILDREN
-ALL BUSINESSES RUN BY STATE
-END OF NON-ESSENTIAL AIR TRAVEL
-HUMANS CONCENTRATED INTO 15-MINUTE ZONES
-END OF PRIVATE FARMS AND VEGETABLE GARDENS
-END OF ANIMAL OWNERSHIP
-BAN ON ALL NATURAL MEDICINE
-AI COURTS AND END OF INDIVIDUAL RIGHTS
-LIMITED ACCESS TO WILD SPACES
-END OF FOSSIL FUELS AND MODERN CONVENIENCES
