
The Futures Market and Weekends, Remember?? From Years Ago??
A lot of the players dreamers and gamblers etc that play that market often avoid exposure during the weekend. For fear of what kind of news might come up during the weekend.
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Friends Guru Says Short Oil Today with SCO
TZA shorts small caps. TECS shorts teck stocks. SOXS shorts semiconductors. SDS shorts the SnP. UDN shorts the USD. QID shorts Nasdaq 100. Time to fight back? Its a casino economy, and the Fed Powell must be noticing it by now. Haywire, tangled fishing line.
The Dow Jones adjusted for inflation should be at 20,000. It way overshot the curve, momentum, and free money I guess. The Dow was around $1000 in the 1970s times a factor of 20 puts it at $20,000 today. Just like most things are times 20.
Silver was about $1/oz back then so $20 today is about the same.
https://finviz.com/futures_charts.ashx?t=YM&p=m1
Yesterday the guru said short XOM and it is a little down today.
@redneckokie
You can click around here. But it would probably need higher Copper prices.
Copper Mountain
Anybody know anything about Copper Mountain CPPMF? I bought some a few days ago solely on technical factors.
@Buygold @Maddog Re Strong Dollar Policy, It’s Not Working Anymore To Hold Crude or Diesel Oil Down
In June Oil was $120/bbl, and USD Index was 101. Now USD is 112. It knocked Oil down for a while, to $77 but that hurt the Oil exporting countries. Oil is coming back strong anyway up to $92 today like 20% higher since the Oct 1st. Because of a production cut, possibly false and misleading statement. Maybe the cut was needed, because nobody needs so much as the economies slow down.
I don’t trust these bozos. I have a sneaky feeling TPTB behind the scenes, really want Oil higher because we are in a global welfare economy. That is failing. Higher Oil is welfare for other countries that sell oil. They need the money to live on. Has anybody noticed that? Shutting down our oil and allowing Venezuela to produce and sell?
And they use the news to tell Saudi Arabia is cutting production, to psychologically raise the price. This is a bunch of crap. Do not believe anything they say, just reverse it. They want a higher Dollar AND higher Oil.
Check out Diesel: https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1
I heard if Oil gets too low it will cause some big bankruptcies.
LOL Actions have consequences
‘Sanctuary City’ NYC Mayor Declares State Of Emergency After Migrants Overwhelm Resources
End of week from James Kunstler…
More grim than usual, with a strange twist to mid-terms, but a happy ending.
Maddog
yep, oil is busting a nut today. We already know that inflation is bad for gold. The only thing that matters is the USD and rates. Why not go to cash and put your money in short term bonds?
Then there’s the miners, high oil prices are bad for them.
All that being said, I thought there was a chance the USD would rollover today. Ha! There I go thinking again. The rig is still with us until there is no market.
GFI is up a little and that’s about it.
The SM is way overdue for a Sunday night slam.
How Experts Describe The Current Economic Situation pic.twitter.com/cvFHf6zm0r
— Wall Street Silver (@WallStreetSilv) October 7, 2022
They just mentioned wage price spiral are they kidding?
They make it sound like wages of climbing uncontrollable like oil but in my view adjusted for inflation the wage price spiral is going down word for the last 50 years see how they lie?
Mr.Copper
No problemo. No reason to delete your post. ![]()
Sounds like Kunstler
Our system is based on cheap energy. Now cheap energy is gone the whole system is quickly becoming very unstable. (Credit Suisse, British pension funds)
Many (SME) businesses will be collapsing, causing many losses for banks. With a highly leveraged balance sheets a huge risk ..
— Willem Middelkoop (@wmiddelkoop) October 7, 2022
@ ipso facto I should have known better
So funny. I’m very sorry about that ipso. I changed the post feel free to delete it.
Futures and the Job Report
Re a note I sent to a friend, John, the charts below show sudden price drops because of a strong jobs report. A knee jerk reaction.
Do you think millions of investors were ready, sitting at their computers waiting for the jobs report?
And as soon as it was reported? So they knee jerked and sold stocks down? All at the same time? That’s what it looks like.
And besides that, we don’t know how accurate the jobs report is or who made the appraisal for whom.
Like jewelry for insurance purposes or a home buyer might ask for a low appraisal. A home seller might want a high appraisal. The appraiser is getting paid and and wants a happy customer. Same with auto body damage. The body shop and the insurance company both have appraisers meeting each other at the shop.
Bottom line. Food for thought. Emotion or opinion changed the indices prices, not a bunch of instant selling. Just a change of numbers. It is reality if you sell or buy later into the numbers.
Mr.Copper
I was talking about Joe Biden!
@ipso facto re getting rid of fake news media and Joe Biden
But let’s ask ourselves why he was bad. Like the kids fighting in the back yard. Who started it?
Why did Japan attack Pearl Harbor? Who started it? Why and how did Hitler get get elected and start taking over Europe? Revenge?
I myself simply don’t trust or believe everything we are told by the bad guys media. How many times did they blame guns for mass shootings? The bad guys were even mentioning a high tax needed on ammo.
They also told us we were winning the Vietnam war, “we just need a little more time” huh? 10 years later we all know what happened. My shoes were made in Vietnam by the way.
Our country and the world will be a lot safer once we get rid of him!
Biden Warns ‘Nuclear Armageddon’ Threat Back ‘For First Time Since Cuban Missile Crisis’
Sounds like a police state to me
UK Mother-of-5 Arrested For “Offensive” Online Posts
A mother of five in the UK is making headlines after police arrested her in front of her children and apparently seized her computer following alleged ‘offensive’ online posts concerning transgender issues.
https://www.zerohedge.com/political/uk-mother-5-arrested-offensive-online-posts
Poll Results. Will we ever know for sure? Seems like quite a few people had to be involved.
Who do you think blew up the Nordstream pipelines?
USA (73%, 30 Votes)
Another Country (10%, 4 Votes)
I don’t have a clue (10%, 4 Votes)
Russia (5%, 2 Votes)
Ukraine (2%, 1 Votes)
Total Voters: 41
Coffee at “The Scales”…….. Chilkoot Pass
Morning Friends
May as well turn this computer off and enjoy the long weekend
Scum is at work ……. manipulation etc etc
Dines used to say …… “whoever said life is supposed to be fair”
This picture is of the “scales” area just before the “Golden Stairs”…… Chilkoot pass …… Yukon Gold rush. At the top is the US /Canada border
?? Who said this would be easy
Happy Thanksgiving Canadian friends and Columbus Day to south.
Onward Pilgrims
Winedoc

PS: ……….. Keep on stacking Phyzz. 🙂
For those up for a rugged backpacking trip …….
https://www.nps.gov/klgo/planyourvisit/chilkoottrail.htm
UPDATE 2-Chile files charges against mining company for giant sinkhole
https://finance.yahoo.com/news/1-chile-files-charges-against-200117093.html
GFG Closes Oversubscribed Private Placement Financing
https://finance.yahoo.com/news/gfg-closes-oversubscribed-private-placement-204500292.html
Eskay Mining Reaches Drilling Goal as the 2022 Exploration Campaign Nears Completion
https://finance.yahoo.com/news/eskay-mining-reaches-drilling-goal-120000279.html
Aurion Announces Closing of Royalty Repurchase
https://ceo.ca/@newswire/aurion-announces-closing-of-royalty-repurchase
Guanajuato Silver Arranges Shares for Debt
https://ceo.ca/@accesswire/guanajuato-silver-arranges-shares-for-debt
Maple Gold Secures Third Drill Rig to Commence Phase III Drilling at Eagle and Remains on Track to Complete 30,000 Metres Across Its Quebec Project Portfolio by Year-End
https://ceo.ca/@newsfile/maple-gold-secures-third-drill-rig-to-commence-phase
Regency Silver announces early exercise of 100% interest in the Dios Padre Property
https://ceo.ca/@newswire/regency-silver-announces-early-exercise-of-100-interest
Firefox Gold Closes First Tranche of Non-Brokered Private Placement
https://ceo.ca/@accesswire/firefox-gold-closes-first-tranche-of-non-brokered-private-f3053
SolGold & Cornerstone Announce Friendly Merger
https://ceo.ca/@accesswire/solgold-cornerstone-announce-friendly-merger
