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I just called it as I see it. Another Smile in your face all the time they want to erase your race, uh I mean take your place. That would probably get me a room in the dungeon in London. It brings back memories when I was about 5 on my great aunt and uncles farm and they tied up the watch dog with a lot of slack but still had a lot of slack. I was singing to the dog from a distance something about ha ha you can’t catch me. If it wasn’t for the watchful eye if my uncle that probably wouldn t of went well.
Ferret
Gold
Looks like some major entities with oil losses are needing to raise cash quickly.
Gold the first source of quick liquidity.
Dog
buygold
Typical C wave action …especially as we are in a 3 rd wave of the C,….nastiest of the lot.
Also Adens last report …last week….said Au must hold 4650 area, or we are in a bigger correction…….whenever they put out a number in Gold/Silver, the shorts go for it.
Though have to say..to see PM’s collapse, while the ME is on fire literally and Oil exploding, has to take the biscuit.
ferret
There is hope in the UK…fastest growing political party in UK, is Restore ..only 4 weeks old , already larger than Conservatives and backed by Musk
Buygold
The paper markets say that there’s no reason to own any kind of protection that the metals may offer. Beyond mind boggling for me. I’m going to turn my screens off for awhile!
Oil coming back in
SM futures barely down now. Dollar a smidge lower. Rates pretty much flat, only up 1 bip.
Everything is looking better except pm’s, which are looking worse, much worse.
Very ugly right now
even with the dollar and rates flat. I’ll never understand pm’s reaction to high inflation, then again, I’ll never understand their reaction to war and crisis either. Regardless, it appears our parabola is over for a while. It was a helluva run though.
SM futures not down much, thought they’d be down more.
Not much good news lately and this doesn’t help. One of these days though, we’ll see a reversal out of this and it will be glorious. 🙂
BTW, Shanghai buckled to the paper kings again, dropping their spot over $8, all the way down to $81.90. Apparently, the buyers have flipped to sellers and silver is plentiful again. At least we won’t have to hear from all those fools calling for $300-$600 silver anymore.
goldie, LOL!
I recall seeing Madame Sarkozy, such an elegant, chic lady walking up the steps into the White House with Mrs Obama who hunched and stumped like, well, Shrek.
Ferret 20:31
After seeing those beastly migrant creatures riding down the streets on horses with arm bands, something came to mind. The Planet of the Apes.
ferrett
… but at least you can get a decent curry!
ipso, look no further than Greater London.
It’s had a muslim leftist mayor for ten years. the position was created in 2000, since when the previous two mayors were Red Ken Livingstone and Bozo Johnson. Now Saddist Kahn.
Should change the name to Lesser London. Insignificant London. Little Mecca.
Plenty of negative war prognostications.
Aussie Finance Minister says fuel prices will remain high for five years.
And there is this
https://iran.liveuamap.com/en/2026/18-march-15-container-ship-spotted-on-fire-today-in-strait
Trying to sneak through as close to the Omani side as possible.
Buygold
I think everyone will be astounded-horrified by what Mamdani does to NYC! 
Ipso, Maddog, ferret
Ipso – NY comes up with some of the biggest idiots available to be their politicians, CA. is a very close second, IL. third?
Maddog – I’ll hold out for the island. 🙂 We’re already coming back tonight! LOL until Shanghai drops their prices to meet the Crimex paper price. As for Germany, they are already done, same with France. Macron said yesterday that the world was isolating the US and Israel. NATO isn’t going to join this one, so NATO is probably done pretty soon too.
ferret – well, it looks like this may finally be the beginning of crunch time for the SM – or rather crush time. Unfortunately, everything pm always gets trashed with it, at least at the beginning, so another $500 down isn’t a stretch at all IMHO. Just hoping they don’t take silver down to $50.
I think eventually we’re going to see an explosion in our metals, but I’m not sure what things look like in the country/world.
I dunno folks. I’m listening to Matt Bracken from enemiesforeignanddomestic.com on Alex Jones talking about this conflict. If I can post later I will, but according to him: This is already an ugly quagmire that is going to get a lot worse, not only for us, but for the world, and the US and Israel will be blamed. Supply chains haven’t even begun to break, there’s going to be a worldwide depression. Trump is being misled.
It’s enough to make me start drinking again…..well probably not. 🙂
We had a chance to really strengthen the U.S. and get the economy and manufacturing going, the new “Golden Era” as Trump put it.
deer, 9:14, absolutely!
As I keep explaining to Mrs. F. nothing has changed as to why we have the stuff. The price (in AUD) is still above the 1st February close. What has changed is the FUDD arising through the oil/war events, causing sell-offs all round including those newcomers (envision queues of people, not institutions or CBs, lining up to buy phizz, dealers running out, commissions of 20%) to the metals who were caught up in the huge rise in prices since January 1st. Now they are experiencing high volatility which they can’t take, so are dumping in panic. Gold in USD:
1st Jan $4,326
1st Feb $4,884
Now $4,818
1st Jan 2024 $2,063
So even if it loses another $500 by the end of March, we’ll be back to where we started at the beginning of the year. There have been many instances over the last thirty years when a quarter during which the price wasn’t up overall was a good quarter!
This is funny! New York begging wealthy people to return so they can pay high taxes. LOL
Based Jessica
@RealJessica
·
3h
New York Gov Kathy Hochul is begging wealthy people who have moved to Florida and Texas to come back to New York and pay taxes. 🤣
“I need people who are high net worth to support the generous social programs that we want to have in our state. Now, there are some patriotic millionaires who stepped up. OK, cut me the checks if you want to be supportive, but maybe the first step should be go down to Palm Beach and see who you can bring back home.”
Maddog @ 15:56
Amazing! Is German society going to survive? It seems few are fighting the suicidal idiocy!
Pure silver plays are like unicorns
GoldSilver HQ
@GoldSilverHQ
🥈Purest Silver-Focused Producers
Ranked by % of Revenue from Silver
(2026 guidance or latest available 2025 full-year actuals)
Buygold
I think yr stuck with Japan……still after a few years you can buy a Caribbean Island !!!
When the 80’s mkt topped, we just went straight down…..this mkt hasn’t …
US Dollar May Be Topping.
According to the dollar index chart, it looks like 100 is resistance.