Loading ...I figure they owe anyone who has been on social security the last 10 yeas back pay.
Minus what ever they got in those years.
Meanwhile other country’s are in a worse way than us because of all these lies and mismanagement while it straighten things out. Cant see that happening with the current administration in office.
Mr Copper
goldielocks @ 11:33 Simple Arithmetic, What Was Isn’t What Is anymore.
The original New World Order got old, and worn out until it finally failed in 2008, and to over ride the March ’00 Dot come bust, and the following recession, then 9/11 they stimulated and caused 2008 which was their demise. Now its mother nature trying to straighten it all out. It will take a while.
Ran across this video last night.
Steve Hanke was right on target with his inflation numbers he explains. He said in 2021 it will be 6~9 and he was right.
He said it’s not just about raising the interest rates but the spending their doing.
I watched other videos and he appears to be a bit disconnected with the real world a bit or perhaps bias in a way or it was satire, I’m not sure. Why should business have to pay for government incompetence causing inflation by having to raise wages every time it goes up which causes more inflation for instance. Perhaps that’s not his job to ask why.
What happened to the rule of 72 where costs double every 24 years? They used to use 3 percent inflation numbers not 2 and if it were 2 it would be even farther out.
Instead things doubled in about 10 years.
That would put the real number at 7 not two. 72/7 of it were really 2 of would take 36 years to double. Who’s job is it to ask why?
Steve Hanke
Mr Copper
Good example lol. Now tell that to Smokey Joe and the current supply crisis.
People are telling me things are disappearing off the shelves again.
ipso facto @ 23:36 re “strategic mineral”, declaring the exploration, exploitation, and use of lithium to be the exclusive right of the state.
Like I posted after the 2008 crisis, Bernie Madoff was the first one, and I stated, everything was in reverse after that. The end of globalization. Simply stated, “You can’t get away with it anymore”.
Mexico nationalizes lithium mining
Mexico has officially nationalized its lithium industry after the Senate approved by 87 votes in favour, 20 against and 16 abstentions the mining reform proposed by President Andrés Manuel López Obrador, which gives the state exclusive rights over the battery metal.
The law, which came into force on Thursday, was approved in record time — only two days after introduced by López Obrador to Congress.
SIGN UP FOR THE BATTERY METALS DIGEST
The bill elevates lithium to the category of “strategic mineral”, declaring the exploration, exploitation, and use of lithium to be the exclusive right of the state. It also includes a clause allowing the state to take charge of “other minerals declared strategic” by Mexico.
Interesting article. No wonder it’s cheap to manufacture there ….
“Rivers
Turning to the rivers, we find the situation is only slightly better. While the groundwater is contaminated at a rate of 80-90%, the surface water – that is both lakes and rivers – is only polluted at a rate of 70%.
Similarly to the groundwater, half of it is unusable for any human application. This includes agriculture, industrial use, fishing, or even boating. This is because 225 billion tons of industrial sewage is dumped into Chinese rivers and lakes on an annual basis.”
China On The Verge Of A Major Food Crisis, Part 2: Water
https://www.zerohedge.com/geopolitical/china-verge-major-food-crisis-part-2-water
BIG
BREAKING NEWS
LME TO END GOLD AND SILVER FUTURES TRADING BY JULY pic.twitter.com/T4ryWCxfTD
— Gold Telegraph ⚡ (@GoldTelegraph_) April 22, 2022
Looks in pain
This photo has gone viral but I don’t think many who have seen this photo realize he sat like this for 15 minutes of his meeting with Shoigu. His back didn’t move once and he held the desk all the time. https://t.co/Yr1Rz4Bpb3
— Bakhti Nishanov (@b_nishanov) April 21, 2022
Mr. Copper …work hardened – a good name for it
At this point this is one steely old grump who should be hard enough to scratch diamond . LOL
Maddog @ 14:52
At least we know the Russians didn’t do it!
With the world as it is and will likely become it’s amazing that gold and the shares should be getting walloped like this!
This pasting won’t last long I’ll venture. KOW
Dow Down 845 2.4% the rest are also down about 2.5%.
The fang stocks down a lot like FB AAPL AMZN NFLX GOOG there must be a lot of heart burn out there with the regular folks that are not used to this type of action. Us Gold Bugs are fine, were “work hardened” LOL, we’re used to it. So many times over the decades.
Ipsofacto
re yr 20.49…..and Gold drops 70 bucks…..at least the SM is getting wacked…..
All the Miners Charts Look The Same. Gold down 2.5% in 5 days and Miners are Down 10-20%
They say there is lots of leverage buying miners because the value of the millions of ounces in underground reserves gain and lose value.
3&1
300 hui and 100 crude seem to be holding – so far.
maybe, just maybe there is a bottom.
Interesting
Both the US dollar and Russian Ruble are up today. All other currencies, as well as PMs and oil, are down.
The ruble is where it was before the war and sanctions started – up over 4% today.
FWIW—
From James Kunstler, a bit of dark humor in his recap of where we are.
D’oh!
???? pic.twitter.com/gf2LYNJA0C
— De Generaal ? (@DeGeneraal_NL) April 21, 2022
Smoke signal?
Watching FOX Business. They had a header labeled “market selloff” except the market isn’t really selling off much – less than 1%. Nasdaq is actually up a little.
I bought a little NEM but missed that bottom at $70 by a mile.
Important news for Pure Gold Mining today
Newmont Announces First Quarter 2022 Results
https://finance.yahoo.com/news/newmont-announces-first-quarter-2022-110000328.html
Maple Provides Drilling Update on Optioned Globex’s Eagle Mine Gold Property
https://finance.yahoo.com/news/maple-provides-drilling-optioned-globex-154000351.html
Scorpio Gold – Interest to Debenture Holders in Shares
https://finance.yahoo.com/news/scorpio-gold-interest-debenture-holders-231500600.html
PureGold Secures Financial Agreement with Sprott Resource Lending, Provides Mine Operations Update and Announces Management Change
https://finance.yahoo.com/news/puregold-secures-financial-agreement-sprott-103000875.html
NEVADA KING ANNOUNCES CLOSING OF $11,250,000 FINANCING
https://finance.yahoo.com/news/nevada-king-announces-closing-11-113000079.html
Sarama Resources Completes Equity Raising for Dual Listing on The Australian Securities Exchange
https://ceo.ca/@accesswire/sarama-resources-completes-equity-raising-for-dual
Plato Gold Reports on 2021 Year-End Results
https://ceo.ca/@nasdaq/plato-gold-reports-on-2021-year-end-results
Baru Gold Provides Update on Community Relations on Sangihe Island and Legal Victory for Indonesian Government
https://ceo.ca/@thenewswire/baru-gold-provides-update-on-community-relations-on
Tembo Gold Announces Completion of Sale of Non-Core Licences to Barrick Gold and Strategic Equity Investment
https://ceo.ca/@newsfile/tembo-gold-announces-completion-of-sale-of-non-core
Manitou Gold Closes Agreement to Sell 100% Interest in its Dryden Properties
https://ceo.ca/@nasdaq/manitou-gold-closes-agreement-to-sell100-interest
O3 Mining Files Early Warning Report in Respect of Cartier Resources Inc.
https://ceo.ca/@nasdaq/o3-mining-files-early-warning-report-in-respect-of
AUGUSTA GOLD ACQUIRES FULLY PERMITTED LOW-COST HEAP LEACH GOLD PROJECT SEVEN MILES FROM ITS BULLFROG PROJECT IN NEVADA
https://ceo.ca/@newswire/augusta-gold-acquires-fully-permitted-low-cost-heap
Lion Copper and Gold Corp. Announces Proposed Shares for Debt Settlement
https://ceo.ca/@newsfile/lion-copper-and-gold-corp-announces-proposed-shares
What do we get today?
USD up, oil down. Haven’t seen rates yet but assuming they’re up.
SM in trouble again. Bitcoin down a little.
PM’s in trouble too, although the shares aren’t really cratering in the premarket.
As always, we’ll see what happens.
Oasis server…
…seems to be working fine. Fast, snappy response now. But the general web traffic is suffering. I imagine a lot of cyberwarfare going on. Yesterday I was unable to secure a connection at all on the TOR network.