At this time is there a circumstance where the US should use nuclear weapons against Iran?
Total Voters: 39
Loading ...https://www.zerohedge.com/markets/theyve-totally-lost-control-yen-puke-sparks-market-wide-chaos
Rates are breaking free of the CB’s and considering the fiscal state of most the countries…..they are only going one way….US 10’s have been riseing for the last 12 weeks, with no end in sight….they are massively over bought/oversold…but show no sign of reversing.
$1200? Yes, it is true that gold has been hit less against a rising dollar and rising rates, so I suppose being down 20% is not horrible.
The shares are the demons, and the fact that gold doesn’t protect in times of market mayhem.
It is important to understand the math associated with higher US Government interest rates. With over $31T of debt, the US Government budget is at great risk of running unsupportable deficits if interest rates continue to increase. In the fiscal year ended 9/30/22, the US Federal Government incurred interest expense of $392B. Today, on a going forward, run-rate basis, the Treasury has interest expenses of $672B annualized. If rates continue to increase to say an average of 4%, interest expense would be $1.2T, and 5% would imply $1.6T. The latter number is almost $1.0T larger than our current run rate
https://www.zerohedge.com/markets/cracks-world-economy-are-starting-show
re Vaccines
What is truly bonkers about the Vaccine, is that the strain of Covid out there now, is just a bad cold, it is not taking out large numbers of the population, even if yr elderly and have loads of other problems…..there is no need whatso ever to get the jab……and that ignores all the truly horrific side effects of the vaccines, that are becoming more and more obvious/well known..let alone the mortality risk.
‘Very Difficult’: Electric Vehicle Owner Took 15 Hours To Drive 175 Miles
Puma Exploration Makes Another Gold Discovery at Its Williams Brook Gold Project – Grab* Samples Return 34.70 g/t Gold at Jaguar
https://finance.yahoo.com/news/puma-exploration-makes-another-gold-160700331.html
Cabral Announces Filing of NI 43-101 Technical Report for Updated Mineral Resource Estimate for Cuiú Cuiú Project, Brazil
https://finance.yahoo.com/news/cabral-announces-filing-ni-43-103000981.html
Snowline Completes Acquisition of Nearby Project Portfolio
https://finance.yahoo.com/news/snowline-completes-acquisition-nearby-project-110000343.html
Mako Mining Provides Q3 2022 Production Results
https://finance.yahoo.com/news/mako-mining-provides-q3-2022-110000800.html
Besra Gold Announces: “Final Drill Results Endorse Jugan’s Potential.”
https://ceo.ca/@newsfile/besra-gold-announces-final-drill-results-endorse
Silver Bullet Mines Financing for High-Grade Gold and PGMs
https://ceo.ca/@newsfile/silver-bullet-mines-financing-for-high-grade-gold-and
TomaGold acquires highly prospective Star Lake rare earth elements property in James Bay
https://ceo.ca/@globenewswire/tomagold-acquires-highly-prospective-star-lake-rare
Orosur Mining Inc Announces Colombia Update
https://ceo.ca/@accesswire/orosur-mining-inc-announces-colombia-update-d8ddf
Osino Announces Filing of Pre-Feasibility Study Technical Report for Its Twin Hills Gold Project, Namibia
https://ceo.ca/@globenewswire/osino-announces-filing-of-pre-feasibility-study-technical
Rover Metals Applies for Share Consolidation
https://ceo.ca/@globenewswire/rover-metals-applies-for-share-consolidation
Yamana Announces Expected Filing and Public Availability of Management Information Circular in Connection With the Proposed Arrangement With Gold Fields
https://finance.yahoo.com/news/yamana-announces-expected-filing-public-123000029.html
In mid 2018 the 10 year rate was 3% and Gold was $1200. Today Gold is $1627 and the ten year rate is even higher at 4.22%.
So the higher rates don’t seem as powerful or effective against Gold these days. Strange I hear mortgage rates are over 7% 3 points above 10 year. So if 10 year Rates go to 8% will mortgages go to 11%??? And gold to $1200?
Maybe this will all change after the elections in November?
Looks like the blue states are in for a fight.
It was never about prevention, even the need for prevention or safety. They just proved that, Just line up and drink the Kool Aid.
The people that are supposed to be protecting the public and school CHILDREN from detriment “ NIH AND CDC are in lock step and have been for years. They want to jab them as young as 6 months old.
I remember a picture from years ago of one of the CDC employee’s giving the middle finger to a group of mothers with vaccine injured and children who died from vaccines.
Now all these young people dropping dead they just say cause unknown,
In California there is a Chinese senator named Richard Pan who’s parents were immigrants.
He must think he’s the Xi ping in America,
Newsom also obliged and tried to mandate school kids 12 and over must get the Covid jab unless they’re parents get a exemption. Here comes Richard Pan demanding they get no exemption even medical because he thinks he’s beyond parents and other doctors too.
There was backlash and they backed off.
Now here comes the CDC adding it to their list and Pan will be in it to get it mandated and no parental religious or medical exemption.
I hope people are thinking about that as they vote right now. I don’t have all that much hope as there are so many immigrants and children of immigrants who just follow along with whatever they tell them or watch lame stream media,
I hope it’s not the case with the parent and fight for these kids rights and give them hell in mass.
They don’t even work, they’re poisoning their body’s and putting them at risk for profit because we have a corrupted compromised system letting them get away with it. Letting them get away with refusing to give the data on results but yet they vote it in anyways.
Fox News: Doctor rips White House shielding COVID vaccine data as CDC OKs shot for immunization schedules: Shame on them
We saw the same thing with school policy. The CDC argued they did not close schools, they just sent out the guidance. But local authorities will often blindly follow whatever the CDC does and if the CDC is truly putting this on the vaccination schedule as they just voted to do, this will be the first-ever vaccine where there is no evidence to show a reduction in disease in the community,” Makary told Fox News host John Roberts.
“Right now, parents are asking where is the clinical data to support this vaccine in young healthy children. For the new omicron vaccine, which is the current vaccine that is being recommended, the human trials were never made public. Instead, Pfizer and Moderna gave a top-line announcement in a press release, the underlying data is top secret,” Makary explained.
I don’t know if the link will work check CDC news.
Read in Fox News: https://apple.news/AgcD2vKqmS5KHepw7QZ6v4Q
Btw that standing warm now polluted water has flesh eating bacteria over near you. Avoid raw sea food like raw oysters too.
I didn’t see this about DeSantis and the jab, although it’s not a surprise at all. So very glad he and his surgeon general have not sold out to big pharma. I guess now we put the CDC on the list of non-trusted alphabet agencies that need to be gutted and thrown out to sea.
No one makes these kinds of decisions to kill little kids, without making a deal with the devil in some form. Power, money, greed.
Who is strong enough to come in and wipe out the deep state? Trump? DeSantis? I think we know McCarthy and McConnell are not. Why is it a given that these two are party leaders? If this election goes like I think it will, eventually the MAGA people will wield the power to install their own leaders and rid themselves of the RINO’s.
If this red wave is as big as I think it will be, I expect the resignations of McConnell and his rubber stamp RINO’s in 2024. That’s when we’ll see leaders with conviction, those who won’t make deals with the devil. I just hope they don’t screw things up in the next two years.
We are all here because we are not all there.
Since food is going to be a issue and gold or silver might not even help if there is none to sell.
I decided to get a noodle press because we’re of some of us are going to go back to making things yourself. I decided to look for a ravioli cut out too @ like cookie cutters.” I found some simple low cost ones. Okay then moved to searching crab meat for crab ravioli I can store.
OMG 200 a pound???!!! I had to settle for cheaper brands of shredded kind you wouldn’t put in crab cakes but hopefully okay for ravioli mixture.
I wouldn’t wait too long less you have some crab traps. I’m just not into that anymore. Last time years ago I’d kill them and the lobsters fast with a hammer. Not let them boil alive. I can still hear the crunch of their shells. I’m eating more vegetarian too.
One thing about being stubborn is not giving up so easy, I think we all have that in common.
Yes we’ll have to pick or battles too and there’s plenty to choose from.
But in the meantime like the quote in the terminator “ get up solider.”
arm yourself with knowledge that can give us a better chance.
Here’s what to watch for when gold will rise. “ Not meaning to infinity” or someone’s magical number but what’s going on cuz like the Fed is doing now can change things. I’m sharing homework. You hear people talking about timing but they don’t know fundamentally when the timing is.
Look for this happening.
I learned this from Michael Pento and still doing my homework on it but I’ll share what I have and or am learning at this time.
He hands you the fishing pole not the fish.
When the real yields start to fall. “ In anticipation of a crash.”
Ref: homework
Outside of equities, the inverse relationship between gold and real yields also stands out, with the yellow metal rising when real yields fall and declining when real yields rise.
When the credit market freezes. The Fed is going to lower interest rates significantly.
Then look for them to “re-liquify” the credit markets.
The falling dollar.
So if we have nominal rates flat, inflation rising, real interest rates to fall and that’s rocket fuel for gold.
He also mentioned utility’s falling is good miners too. I’m not sure about that one happening lol
I can’t agree more! What’s the value of being “rich” when there’s chaos outside and the grocery stores are burning. I didn’t know this was going to be a fight to the death!
As far as the POG goes, over the last 20-25 years and how we’ve been smashed, if it wasn’t for the rig I think gold would be couple of thousand higher. It’s not a fair market and none of us knew how unfair until it was demonstrated without letup.
I think most of us on this board are in the same boat, more or less. I’ve been aboard since the late 90’s, and my faith is still not shattered. I truly believe we are on the right side of the situation. The problem is, it will probably have to all come apart in ways we wish it wouldn’t in order to be vindicated.
Although Idaho isn’t bad too you sold your house during the high before it was too late then moved to Florida so you can’t be that crazy. You could of listened to a carpet salesman and spent the money on gold. Can’t do much about a rigged market just the carpet salesman.
De Santis and the Surgeon General of Fl just drew a line in the sand and gave the middle finger to the CDC that if they add that bioweapon by these incompetent quacks to the children’s already lengthy vaccine list there not going to have it in their state. The Surgeon General already put out a warning that males under the age of 40 should not take that the jab “ that’s neither safe or effective and a plain lie” because of serious health risks. I don’t know why he just said males though.
There was already a infiltration and recording of a CDC telling the infiltrator for truth that big money was coming to the CDC to approve it and put it on the school mandates. I can guess where some of that money came from.
They need to be investigated.
Really good to see you posting along with some others. We all wait to see what happens, something has to give. I believe gold is in our DNA from its years of being money. We still hear about it in movies, books, commercials; it’s a symbol of wealth – always.
I have little doubt that if it were not such a threat to the USD we’d see fair value. Whatever that is in relation to real goods.
Thanks again for posting.
Buygold, I feel the same, although over the years I have diversified into stock funds, and bond funds in closed end funds that trade like stocks but have characteristics of mutual funds. The strange thing is stocks and bonds have been selling off too! Very difficult times for conservative investors. In fact, although physical gold is down, I think its doing better than the s&p 500 and the 10 year bond. CD’s and money market funds are currently the best. I’m holding my fizz, but haven’t added to the pile in a long time. The few times my mining stocks were above cost I would get excited and think this is finally it- and then down they go. I made a personal vow never to buy another mining stock ever! And if the ones I hold go back to even- get out and I only buy something with a decent dividend. Also, I sell a mining stock for capital loss too- this year was MUX. Last year was GPL and AUY. Maybe AUY was the year before. I look forward to having zero mining stocks in my account. Sometimes I will look at 321 GOLD and yes, there is almost always an article proclaiming the mining stocks are about to take off.
How about the great silver squeeze? Silver would shoot up like gamestop! Never happened. I agree about the ego, too. Definitely! I’m glad you survived the hurricane! Aloha fellow tenters, Diamondhead
Funny how that works though with the rates. Palladium was up $71 and platinum up $31, rates didn’t bother them at all.
Deer79 – yes. This has been wearing me down for years. I’m afraid to miss if it finally does take off. It always works that way if I sell something.
I’m to the point I’m pulling for the BRICS + Saudi Arabia and others, to establish a parallel economy/currency that is backed by gold and other commodities. Unless the west is able to counter with its own backed currency, we will be destroyed. We are modern day Babylon and I’d like to see the rats scurrying around and jumping ship.
I’m afraid though that we’re going to now get this digital currency that treats gold just like the dollar does.
The Dutch should decouple from the EU put that traitor on the run and keep their food for themselves. Is Schwab untouchable to something? Another German Nazi hiding in Switzerland. The UK should do the same.
Rates are beginning to get out of control here folks….the scum can’t stop them rising……this could be when the wheels fall off.
Totally agree with everything you’ve
said about the PM’s. I always felt that
Gold & Silver would be able to separate
themselves and appreciate in their own.
They may still do that ( as I love ipso’s positivity), but with each passing day,
my personal positivity continues to drop.
GLTA, as it will be very interesting how everything unfolds in the next year or so.
The WEF and their plans have to go out the window. There’s already people in the streets. Not too hard to notice these bastards cutting off the food supplies … hungry people are going to get real nasty and want retribution!
I feel sorry for the people of the EU this winter!
out for a bit
Re Holland
Rutte has also introduced laws to cut nitrogen that will cause 100’s of Farms to shut down…the farmers are going ape…he just carries on as if the protests are not happening, even though his popularity has collapsed…..they just don’t care as they are zombiefied by Schwab.
Here in the UK we have silent coup going, run by Schwab….Truss has been kicked out and no doubt Sunkak is next, for PM, as he was anointed by Schwab.
