Loading ...In the US a standard portfolio is 60/40. 60% stocks, 40% bonds. This is how this portfolio has performed this year after inflation. (chart BofA)
Worst since ….. ever. pic.twitter.com/uA6Q5CjVYy— Corné van Zeijl (@beursanalist) May 13, 2022
Ipso – agree
COT Report will be interesting, the funds have gotten shorter the last couple weeks and have been rewarded.
Batten down the hatches!
The Biggest Crash In History Is Coming? Kiyosaki Says So…
Robert Kiyosaki recently tweeted, “The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. The bad news is the next crash will be a long one.”
Is Kiyosaki just being hyperbolic, or should investors prepare for the worst?
https://www.zerohedge.com/markets/biggest-crash-history-coming-kiyosaki-says-so
SLV has an RSI of 23
Never seen anything like that.
Shares aren’t being carpet bombed just yet but still not rallying with the SM. So we get the downside when the SM goes down but never when it goes up.
Shares don’t look too bad yet. We are way, way oversold.
FWIW
President Xi ‘suffering from deadly brain aneurysm’ as he faces coup over devastating Covid lockdowns, reports claim
https://www.thesun.co.uk/news/18556168/president-xi-suffering-brain-aneurysm-coup-covid-lockdown/
Maddog @ 8:38
It almost feels claustrophobic … like we’re put in a box and the box keeps getting smaller and smaller. I really don’t like what’s going on. The entire political system is squeezing our freedoms …
Make sure you put the lid down! LOL
ALEXCO ANNOUNCES FIRST QUARTER 2022 RESULTS
https://finance.yahoo.com/news/alexco-announces-first-quarter-2022-220000601.html
Eloro Resources Announces C$5 Million Bought Deal Financing
https://finance.yahoo.com/news/eloro-resources-announces-c-5-201000356.html
Amex Reports on AGM and Provides Corporate Update
https://finance.yahoo.com/news/amex-reports-agm-provides-corporate-203000761.html
Scorpio Gold’s Phase II Drilling Program Encounters Significant Intercepts; 16.80 meters Grading 27.16 g/t Au, Including 3.1 meters Grading 145.74 g/t Au
https://finance.yahoo.com/news/scorpio-gold-phase-ii-drilling-210000475.html
Copaur Minerals Completes Acquisition of New Placer Dome Gold With Overwhelming Shareholder Support of 99.5%
https://finance.yahoo.com/news/copaur-minerals-completes-acquisition-placer-120000243.html
Liberty Gold Reports Q1 2022 Financial and Operating Results
https://finance.yahoo.com/news/liberty-gold-reports-q1-2022-220200853.html
PureGold Announces Extension of Waiver Period by Sprott Resource Lending
https://finance.yahoo.com/news/puregold-announces-extension-waiver-period-221400786.html
Great Bear Royalties Appoints Board Chair and CEO; Provides Update on Great Bear Project
https://ceo.ca/@newswire/great-bear-royalties-appoints-board-chair-and-ceo
CASPER VEIN RETURNS 30 G/T GOLD ALONG STRIKE TO THE SOUTH-EAST
https://ceo.ca/@newswire/casper-vein-returns-30-gt-gold-along-strike-to-the
Marathon Gold Announces 2022 First Quarter Results
https://ceo.ca/@nasdaq/marathon-gold-announces-2022-first-quarter-results
Condor Gold plc announces its unaudited results for the three months ended 31 March 2022
https://ceo.ca/@nasdaq/condor-gold-plc-announces-its-unaudited-results-for-62c16
Aya Gold & Silver Reports First Quarter 2022 Results; Maintains Guidance, Mine Development on Track
https://ceo.ca/@newswire/aya-gold-silver-reports-first-quarter-2022-results
Discovery Intercepts 337 g/t AgEq over 34 m and 606 g/t AgEq over 18 m Below the PEA Open Pit at Cordero
https://ceo.ca/@nasdaq/discovery-intercepts-337-gt-ageq-over-34-m-and-606
Highlander Silver Announces Exploration Update and Management Change
https://ceo.ca/@thenewswire/highlander-silver-announces-exploration-update-and
Eastern Platinum Limited Reports Results for the First Quarter of 2022
https://ceo.ca/@newsfile/eastern-platinum-limited-reports-results-for-the-first-30fc3
OOOps …looks like Dorsey was cooking the books at Twatter
Shares getting hit harder than some PM’s even….
Coffee with Maddog
Morning friends
1800/20 will likely not hold
The gold bull will shake off as many as it can
We have seen these moves so many times
Frustrating, especially silver …….. relentless downward action
Phyzz rules the day. A silver 1 ounce Canadian Maple is still $40 bucks. (CDN)
Pinch Me when we get our Mojo back on …….
Winedoc
And to end a ‘great’ PM week…we have a 1000 pt Dow rally, in which Gold drops another 10 bucks.
and the other insult is Bitcoin up over 7.5 % on the back of the SM……this all screams the scum showing the world, they are all powerful.
Ipsofacto
Re speed limiters
the State thinks it can interfere in our lives non stop…soon we will have to ask for a permit to use the John and if we don’t wipe our backsides in the ‘correct’ manner, they will fine us.
and if any man leaves the seat up, instant castration.
Buygold
Not sure Grundlach is right on Gold being over valued….just on a cost basis 18/1900 gold is cheapish….the miners are making damn all.
“Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.”
Frédéric Bastiat
This is effing crappola! Who in congress is looking after the people’s interests?
Biden recently signed into law a requirement that all vehicles produced after 2026 be fitted with a remote kill switch. Electric vehicles are already equipped with this capability via internet-connected “superchargers.” These corporations can sell you a product for tens or even hundreds of thousands of dollars, then prevent you from using them. Worse yet, if the law is not challenged or repealed, these kill switches will have a “back door” that allows government agencies to shut your vehicle off remotely as well.
https://www.zerohedge.com/political/joe-biden-threatening-our-freedom-movement
https://www.bitchute.com/video/Twteg9lpI2FX ELON MUSK Exposed! The truth about Elon!
About 6 minutes to learn Elon Musk is nothing but a placeholder phony….or keep on drinking his cool aide as you blindly step off the cliff. Your choice!
Jeff Gundlach on FOX Business today
I like Gundlach and his market views and think he is the new bond king. He said today that he’s been bearish on gold for a little while. He said his models show that gold is “very” overvalued.
I have to think that his models are largely USD centric because he went on to say that people should have 25% of their money in commodities when this selling is over because the Fed will reverse course and the dollar will fall.- Except gold “for now” he said.
Not sure I understand the logic but I wouldn’t be surprised if we get a $100 down day tucked in here. Truth is, we are probably lucky to be at $1800 with how strong the USD has been.
@ipso facto
For decades I thought of the clean air and water people and the tree huggers as a bunch of Ted Kaczynski types but not that extreme. I remember he rode a bicycle, I just looked it up. I think he should have been considered mentally ill and he was, but was too proud to use that as a defense. He was very smart and could have been a Bill Gates or Elon Musk type.
Parts:
” in a nationwide bombing campaign against people he believed to be advancing modern technology and the destruction of the environment. ” “Kaczynski moved to a remote cabin without electricity” ” learning survival skills to become self-sufficient.
After his arrest in 1996, Kaczynski—maintaining that he was sane—tried and failed to dismiss his court-appointed lawyers because they wanted him to plead insanity to avoid the death penalty. In 1998, a plea bargain was reached under which he pleaded guilty to all charges and was sentenced to eight consecutive life terms in prison without the possibility of parole.
He witnessed the destruction of the wilderness surrounding his cabin and concluded that living in nature was becoming impossible. He resolved to fight industrialization and its destruction of nature through terrorism,” “he showed sympathy for animals who were in cages or otherwise helpless” “his bombings were extreme but necessary to attract attention” (note: like mass shooters, 9/11, Nagasaki Hiroshima and Russia today?)
Mr.Copper
Ted sent those bombs because he was anti technology. He thought technology would control humans.
He may have been anti oil too I dunno.
Maddog @ 15:41
I’ve read some of David Icke’s stuff. I thought he said that some people were actual Alien Lizards in people suits, especially many of our leaders? He seemed to have some good ideas and then with the Lizard stuff he lost credibility.
What if he’s right? 
ipso facto
The Unabomber ….he wasn’t/isn’t the only one, who was normally would be considered a waxk job, who is turning out to be a lot right……we have a guy in the UK, name of David Icke, who was big in TV…then went a bit strange and after a while was saying miniature lizards live in our skulls and control us!!!
Well a lot of the other stuff he said is proving very right !!!!!
Maddog
“As in every other aspect of life, the mkts no longer reflect the real world….what is real…allowing Klaus Schwab, to destroy all yr wealth and put a chip in yr brain, to make u a semi human/robot.”
What! Are you Anti-Robot? 
LOL Just kidding. That’s a great line!
Not my own thought … but someone remarked recently that with all the technology being directed against our freedoms that perhaps Ted Kaczynski (Unabomber) was right.
USDX
The US dollar has surged to 20 year highs and is controlling everything. Silver is extremely oversold in an inflationary environment. When the USDX has topped, we can look to jump back in.
My SBSW made new 52 week low and I dumped it. I’m still hanging onto my phiz for the original reason I bought it.
Re Editorial In Local Paper Encouraging People To Go To Work Even If They Don’t Need A Job To Help With The Cheap Labor Shortage
Below is a copy of my response:
Hi, its a good idea to encourage people to take a job and help out with the Cheap Labor shortages. I think I told you before, everything is in reverse after the 2008 financial crisis. Anyway back in 1979 the Dinesletter by James Dines, recently deceased, predicted deflation in wages, back in ’79 because of the use of foreign labor. I was in the workforce in 1962 and by 1975 I was one of the first to quit my job. Tired of making the boss rich. The company I worked for, gleaned five years of me $10k annual salary, $50,000 with one month of my labor. $10,000 was equal to 4 cars or two Corvettes. Many guys quit and started their own businesses in basements and garages. Basically nobody gets paid enough to care about their jobs, unless of course they are high paid in a police or teacher union etc, they keep up with inflation.
Our managers or the Gov’t itself neglected to act as a union to represent non union employees and increase the minimum wage by 7% per year. So the basic wages today to match 1970 dollars should be around $40/hr. Being the Gov’t (big business) failed to do so, we need to get people OUT of the workforce if they are well off and don’t need the job. So as to create a shortage and natural market forces would raise the wages. Naturally as you said in your story, the lack of Cheap Labor is causing “withdrawal” problems. From the accumulation of errors. As we go thru a transition from bad habits. No pain no gain. Look at all the potholes. the whole country is on welfare. Check out the one westbound on 27A before the McDonalds in lindenhurst. Lady I know 68 years old ruined two rims and tires and a broken axle, driving a tiny Hyundai Eleonora.
The other approach, would be to encourage the public to avoid and or boycott imported products. We lived very high on the hog when we exported more than we imported. We don’t want too many poor people among us. They cause the Orange juice container to get smaller. the new toaster oven isn’t as good as the older one for example to keep prices lower. They steal catalytic converters, and the kids are having shoot outs in NYC. Amazing. Because of all the unrestricted Gun Violence on TV and movies. Hollywood is making a LOT of money on Gun Violence. They took away alcohol and tobacco commercials, but should have taken away the Guns in movies that kids will see. Its time to be optimistic, because all the faults are getting attention. Having products made 10,000 miles away is as dumb as a stump. I need heating oil this morning 100 gals at $6.40/gallon.