by saying we must honour the Holocaust !!!!!!!
Ipso
Yeah gold did look like a inflation hedge today but hope they hold out. Now there’s guessing if the Fed is gonna do the 75 points or go to 100. Funny how they have it set the end of July going into August then the end of Sept going into Oct where I think is the month they do the Cola calculation for SS and disability.
Faster than gold not mentioning names someone made over 17k on just a few thousand a lot faster. As usual though the market tends to loose people money faster than it can earn it. The trend can be your friend until it bends.
The Fed May Be Jaw Boning Inflation, Because Thats What They Needed From The Start
If the past distorted bastardized man made artificial financial system, that crashed in 2008, is in reverse long term, than Stocks Bonds and Real estate will go down, lots of pain, and Gold will go up. A reversal to real money from fake money. Stocks Bonds and Real estate are NOT a proper replacement for real money.
Lets not forget about the wealth effect from stocks and real estate. Thats everybody’s savings account. As for commodities, who the hell knows what they are worth? The prices are all over the map. We saw Oil go from $2 to $42, then $145, down to $28 then recently to $120? Supply and demand of products are not volatile like that.
The system “got away” with a lot of nonsense over the decades. If something is under priced it has to go up eventually. And if it gets too high, it has to drop eventually. Prices don’t have equilibrium matching supply and demand. Its those ass hole Vegas Casino contracts. 90% of which are gamblers and the Fed’s lap dogs.
Literally, anything crazy can happen.
High Inflation Numbers This Morning, and Gold Drop $20 To $1,710? Now its $1,740
So amusing. It had to be algos, computerized automatic futures trading but went the wrong way. But if it went the wrong way? Computer error? If not then maybe it was forced down manually to avoid or head wind a $50-$60 per ounce gain. Dull the truth.
I just checked the internet dealer, one 2022 Gold Eagle right now is $1917 with spot at $1736, $181 over spot.
The gold kneejerk reaction to the CPI numbers has disappeared
Maybe gold is being recognized as the inflation hedge par excellence …. as it should be.
The Fed can hike … but not much or enough.
commish @ 10:39
LOL!
Maddog
Hui got to get over gold pizz ratio.
Dow &SP gapped down surprisingly on low volume
Maybe they expect more rate hikes.
PMs would be screaming to new highs if Powell wasn’t trying to play Volcker. Biden and the lunatics weren’t in office then fighting against them and the economy.
Thirdeye had some insight on the 10 yr treasury. If it falls below the 2.8 Fed would stop hiking.
On his site he posted yesterday and added SH I see. S&P didn’t reverse but gapped down so wouldn’t be surprised to see a attempt pop off that but bearish sentiment. See he had the same market targets but would of had to get over a certain price. I didn’t get squeezed out of the fake out up yesterday before it bolted back down the end of the day.
Europe trying to destroy their economy too coals going up but they said it will be transitory for about 3 yrs until they get their solar and wind going. They’ve been preaching green for awhile but guess it was all talk until Russia cut them off. They weren’t planning very well. When will people get a clue there no experts in energy and don’t know what they’re doing.
Meanwhile France is asking Biden for gas behind the scenes.
See how that works when wind power freezes up in winter and snow buries the solar. Guessing some uranium stocks may benefit “maybe” because Germany closed up plants. Clause Schwab says starve, die of heat stokes or freeze and just kill your economy and yourself and they say okay.
Saw this last night from thirdeye about treasury. Hope he’s right because the left isn’t going to stop spending and on the wrong things.
I read that the two main chip makers one being Intel going to be putting plants up out of US because if the lefties here. One will help Germany’s car makers.
Pelosi won’t pass the Bill because as usual she wants some of that money meant for infrastructure for herself and special interest. Will she be permanently retired in November?
3:06pm- SH still looking bullish, bears have the upper hand still.
9:30am- Bitcoin needs to hold $17,875 area or it could drop to $10k. See chart with Andrew’s Pitchfork.
7:40am- Gold is nearing its D-decline cycle end. It requires the 10-year yield to break below 2.8% and to keep falling. Then we”ll see action. The next bull cycle will take gold to new highs, $2300-2700. I have updated the gold chart at the beginning of this list.
6:30am- Can the S&P 500 find support and reverse upward off 3825 with a 4000 price target?
Huge potential bullish reversals, being set up
Did the scum overplay their hand, taking Gold down to 1705……did they wake the whole world up, to how stupid they are being.
Peter Hambro’s confirmation that all paper shorts have darn near zero metal backing, will have made some big money realise that there is a play here, with monstrous upside and v little downside …
They looked so good … before they started mining
Pure Gold mulls company sale as part of strategic review
Cash-strapped Pure Gold Mining (TSX-V: PGM)(LON: PUR) has kicked off a strategic review process that could involve a potential sale or merger of the company, a sale of all or part of its gold mine in Ontario, or other long-term financing options.
This is an interesting thread
I am very hesitant to assign obesity in the US to lifestyle.
Something is DEEPLY wrong with their food quality.
You know this because Europeans immediately gain weight in the US without changing their eating habits and lose the weight just as easily when back in Europe.
— Porkchop Express (@Porkchop_EXP) July 12, 2022
Should be outlawed IMO
Weedkiller ingredient used in notorious cancer-causing Roundup is found in 80% of US urine samples
Yikes Month over month rise 1.3%!
US Consumer Prices Soared In June, Americans’ Real Wages Fall For 15th Straight Month
With The White House having desperately tried to front-run this morning’s inflation print, analysts were expecting a jump higher led by food and energy costs. They were right in direction but it was way worse as the headline CPI soared 9.1% YoY (vs 8.8% exp and 8.6% prior)…
Yep
“ESG is anti Ayn Rand.”
Rick Santelli
Royal Gold (RGLD) Inks Deal to Acquire Great Bear Royalties
https://finance.yahoo.com/news/royal-gold-rgld-inks-deal-151503766.html
Torex Gold Reports Strong Q2 Production Results and Surpasses 10 Million Hours Without a Lost Time Injury
https://finance.yahoo.com/news/torex-gold-reports-strong-q2-100000200.html
Perpetua Resources Begins Investment in Water Quality Improvements at Historic Mine Site
https://finance.yahoo.com/news/perpetua-resources-begins-investment-water-213200710.html
GR Silver Mining Releases High-grade Silver Results from San Marcial Resource Expansion Drilling Program – 15.4 m at 547 g/t Ag, including 2.0 m at 1,179 g/t Ag
https://finance.yahoo.com/news/gr-silver-mining-releases-high-101500279.html
NEVADA KING INTERSECTS SIGNATURE ALTERATION SUITE MINERALS & ROCKS FROM DEEP CORE DRILLING PROGRAM TARGETING LOWER PLATE HOSTED GOLD AT IRON POINT PROJECT, BATTLE MOUNTAIN TREND, NEVADA
https://finance.yahoo.com/news/nevada-king-intersects-signature-alteration-113000200.html
GoGold Reports Quarterly Production at Parral of 509,796 Silver Equivalent Ounces
https://finance.yahoo.com/news/gogold-reports-quarterly-production-parral-113000942.html
Sitka Gold Reports up to 94% Gold Recovery from Initial Metallurgical Testing Conducted at the Blackjack and Eiger Zones at its RC Gold Project, Yukon
https://ceo.ca/@thenewswire/sitka-gold-reports-up-to-94-gold-recovery-from-initial
Teuton Resources Reports Intersection of 237.3 Meters of 1.51 g/t AuEq (0.89 g/t Gold and 0.49 % Copper) in Step-out Hole GS-22-133 at the Goldstorm Deposit, Treaty Creek Property, Northwestern British Columbia
https://ceo.ca/@thenewswire/teuton-resources-reports-intersection-of-2373-meters
Silver Bullet Mines Corp. Produces Silver
https://ceo.ca/@newsfile/silver-bullet-mines-corp-produces-silver
Braveheart Announces Delay to Preliminary Economic Assessment at Bull River Mine
https://ceo.ca/@newsfile/braveheart-announces-delay-to-preliminary-economic
E79 Intersects High-Grade Gold in Inaugural Drill Program at the Twist Creek Prospect in Victoria, Australia
https://ceo.ca/@newsfile/e79-intersects-high-grade-gold-in-inaugural-drill-program
District Drills Shallow Polymetallic Sulphide Mineralization on the Gruvberget Property
https://ceo.ca/@newsfile/district-drills-shallow-polymetallic-sulphide-mineralization
Tower’s Latest Drilling Indicates Lightning Zone Has Two Branches, Doubling Its Strike Length; Hole 031 Intersects 22.0 m of 2.09 g/t in Main Branch, Holes 030 and 033 Hit 26.5 m of 1.76 g/t Au and 1.0 m of High-Grade, 69.3 g/t (2.01 oz/ton) Au in Splay Shear
https://ceo.ca/@newsfile/towers-latest-drilling-indicates-lightning-zone-has
Metallic Minerals Initiates 2022 Exploration Program at Keno Silver Project in Yukon, Canada
https://ceo.ca/@accesswire/metallic-minerals-initiates-2022-exploration-program
Omai Gold Drills 2.53 g/t Au over 9.9 m, 1.85 g/t over 12.7 m and 37.8 g/t over 2.0 m Along the West and East Wenot Extensions
https://ceo.ca/@newsfile/omai-gold-drills-253-gt-au-over-99-m-185-gt-over
Golden Spike Acquires 100% of Golden Horizon Exploration Corp.
https://ceo.ca/@accesswire/golden-spike-acquires-100-of-golden-horizon-exploration
CPI this am
PPI tomorrow. Should be market moving…
USD taking a pause for now
We are way overdue for a good bounce.
Update – CPI hotter than expected, 9.1% vs. 8.8% – everything being smashed, especially pm’s. Can only hope this s[ikes down and reverses, but doesn’t seem likely as the USD is screaming higher again.
Sng 20:27
Woke up and decided to check DOW and S&P futures with CPI coming out tomorrow or today now. It was strange it had move up earlier and see it dropped back down. Watching levels on SP although don’t think I want to day trade it. Any up side potential will be likely short lived but could flush out bears temporarily if it gets above 3848 and then a breakout potential probably around 3874 then possibly to 4000 then head down or just continue down to different levels with bigger potentials for the bears , can’t be too bias that could be a mistake but sentiment is extremely bearish despite any wrong move pop no matter what is said tomorrow.
I saw on that link a Kaiser in southern cal and thought oh no but everyone’s likely gone now as I was quiet young probably the youngest of anyone ,wondered if I worked there decades ago. Claud Akins cowboy actor I worked with his wife there before I moved to the beach. When he’d come in not often everyone would chase him for autographs. Lol Nope it was a different one.
So Pfizer is gonna delist??? That seems really strange.
1 for 10 Erkk
McEwen Mining Announces AGM Voting Results and Reverse Split
If this is not doctored Hunter is in trouble
Alot of people don’t like the Bidens, so I think there’s a good chance it’s true. Hunter is a crackhead. Hookers. Sex. Drugs.
Oh Daddy, Hunter has some fat ass rocks on the digi! So how many years are you going to give yer son sir?
They say he has Joe in his phone database as “Pedo-Peter”. Tell me that’s not messed up. Follow the smoke, there’s a fire somewhere.He also says a bunch of stuff about prostitutes and acquiring them. He’s really smooth like he’s quite confident he won’t get caught. Surprise!
$ 10 billion goes poof in Crypto’s
Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets
https://www.cnbc.com/2022/07/12/founders-of-bankrupt-crypto-hedge-fund-three-arrows-go-missing.html
Pfizer’s “Secret” Report on the Covid Vaccine. Beyond Manslaughter. The Evidence is Overwhelming…It’s MURDER!
Rumble video is 23 minutes. Please watch and pass it on!
https://www.bitchute.com/video/9ctGQyScZWK7/
Most compelling and convincing presentation. It fills in most of the blanks on the Covid-19 lie and exposes many of those responsible for for the deception!
World Premiere: Watch The Water!
Saudi’s to join the BRICS? Not exactly dollar friendly!
“China’s invitation to the Kingdom of Saudi Arabia to join the ‘BRICS’ confirms that the Kingdom has a major role in building the new world and became an important and essential player in global trade and economics,” Mohammed al-Hamed, president of the Saudi Elite group in Riyadh, told Newsweek. “Saudi Arabia’s Vision 2030 is moving forward at a confident and global pace in all fields and sectors.”

