Posted by goldielocks
@ 7:57 on March 9, 2022
Your the first one up in the US.
Commodities might be taking profits off the table.
I heard last night they didn’t want the MIGS to come from the US air port in Germany. That it’s like a hot potato.
I also heard a ship was hit by Russia so their branching out. Also heard could effect supply’s because it’s blocking other ships.
Moldovan oil tanker “Millennial Spirit” is still smoking in the Black Sea, satellite images show, nearly two weeks after it was hit by an apparent Russian military strike.
Planet Labs PBC said they collected a new satellite image on Tuesday showing a large plume of black smoke coming from the tanker, which is floating about 20 miles (32 kilometers) east of the Ukrainian city of Odessa.
On Feb. 25, Ukrainian Armed Forces Lt. Gen. Valery Zaluzhny said a ship sailing under the flag of Moldova, 12 miles (19 kilometers) south of the port of Yuzhny, had been “damaged by a Russian ship.” The statement named the “Millennial Spirit” and said details were being confirmed.
The ship was carrying 600 tons of fuel oil and diesel when it was hit by a Russian missile, according to the Ukrainian Defense Ministry. Two crew members were seriously injured in the strike, the ministry said.
Posted by Buygold
@ 7:15 on March 9, 2022
The boys are really trying to goose this rally in the SM, especially the Nasdaq, and create a nice short squeeze.
If this SM rally fails, it will spell even more problems. The 50 dma is about to cross the 200 dma in the $INDU chart – not good.
As you say, maybe the 12 hour cease fire is helping. Also, it could be that the Pentagon has rejected the offer of Poland to send Mig’s to Ukraine, or it could be that oil is taking a breather. too.
Posted by Maddog
@ 7:08 on March 9, 2022
Posted by Maddog
@ 6:49 on March 9, 2022
Tks for that re news…..I see/hear nothing either…..maybe we have to get used to such big swings…no doubt some mkts at extremes under TA, we are way above Bollinger bands on Monthly’s Gold is 1986 and weekly 1961….Silver and Plat are all inside….Palladium is outside.
Posted by Buygold
@ 6:30 on March 9, 2022
I’m not seeing any news that would be bullish for the SM and bearish gold. Maybe it is coming. Silver not getting hit too bad yet, which is a bit surprising, silver likes to lead the way down.
As far as pm’s, we were due to pullback, obviously oil is too.
Only question with pm’s is where to BTFD!
BTW – just noticed Bitcoin is ripping higher back above $42K
Posted by Maddog
@ 5:11 on March 9, 2022
Posted by Maya
@ 23:14 on March 8, 2022
Posted by goldielocks
@ 21:38 on March 8, 2022
UK suspends nickel trading until Friday. Short squeeze sent it ballistic.
100,000 a barrel.
Posted by ipso facto
@ 20:58 on March 8, 2022
Poland’s Offer Of Jets For Ukraine “Raises Serious Concerns For Entire NATO Alliance”: Pentagon
Update(20:45ET): Some sharp words and a swift rejection from the Pentagon Tuesday evening: “The prospect of fighter jets ‘at the disposal of the Government of the United States of America’ departing from a U.S./NATO base in Germany to fly into airspace that is contested with Russia over Ukraine raises serious concerns for the entire NATO alliance,” Pentagon press secretary John Kirby said of the Polish announcement which caught the Biden administration by surprise.
Kirby described the Pentagon perspective on Poland’s earlier in the day declaration that it would send all its Russian-produced MiG-29 jets to Ramstein Air Base in Germany for the United States to be able to transfer them to Ukraine further as follows:
“It is simply not clear to us that there is a substantive rationale for it,” he added, stressing that the proposal “shows just some of the complexities this issue presents.”
“We will continue to consult with Poland and our other NATO allies about this issue and the difficult logistical challenges it presents, but we do not believe Poland’s proposal is a tenable one.”
https://www.zerohedge.com/geopolitical/poland-announces-all-its-mig-29-jets-will-be-transferred-us-send-ukraine
Posted by goldielocks
@ 20:52 on March 8, 2022
As far as the store goes they have so much foreign products it’s not going to be a big deal as they think. They pull one product away they have 50 other choices.
There little restaurants have better food fresh breads cheeses we don’t get here foods and teas and so forth. There not going to miss Mac Donald’s as much as they think.
Better off with the peace talks.
Posted by eeos
@ 17:50 on March 8, 2022
I love to smash records. Mainstream is relatively hush hush on the news. Trying to keep it off the radar as much as possible IMO. Relish the moment I guess, they made us wait for 12 years. Anything might happen, wish I knew more.
Posted by ipso facto
@ 16:10 on March 8, 2022
Yeah lets push Putin until he does something rash! Effing terrible.
Posted by Buygold
@ 15:34 on March 8, 2022
Looks like they got close enough today to call that move up a double top. HUI got rejected at 320, no doubt a technical pause.
Despite all the drama today we’re still up almost $50 and silver around $.80 higher. Have to love the strength, and the shares needed a rest before surging higher again.
Posted by Maddog
@ 14:52 on March 8, 2022
Posted by Mr.Copper
@ 13:42 on March 8, 2022
Todays paper way too many people are not paying very late on their utility bills. Many people still not paying their mortgage loans. They are shutting down a big shopping mall near me. Also a CVS shut down. Ya know, all during the pandemic, I was wondering what the next fiasco was going to be. Here it is. Now wondering about the next one after Ukraine.
A currency collapse and runaway inflation? Or a deflationary collapse with no liquidity and nobody can sell anything for the normal very high prices. Especially stocks bonds and real estate. There was a deflation during the 1970s with stocks bonds and real estate. Interest rates went like 6% to 20%.
Posted by Maddog
@ 13:03 on March 8, 2022
scum want to paint a double top @ 2070 on AU…..they’re desperate to get one there….see my previous post about AFP putting out that old story and scum hitting all mkts….
They’ve pulled off an 800 Dow pt rally on pure BS….unreal
Posted by Maddog
@ 12:56 on March 8, 2022
Posted by Buygold
@ 12:43 on March 8, 2022
we could be in for what I hope is a short, sharp correction down to 280
USD getting smacked around after coming back earlier.
Posted by Maddog
@ 12:36 on March 8, 2022
Gold still up $ 30 and the scum take NEM negative on the day !!!!!
Posted by Maddog
@ 12:33 on March 8, 2022
Posted by Mr.Copper
@ 12:29 on March 8, 2022
Posted by Buygold
@ 12:24 on March 8, 2022
This time it appears they mean business, hitting the shares pretty hard too.
Posted by Buygold
@ 11:43 on March 8, 2022
talk about something that just won’t die
Posted by winedoc
@ 11:42 on March 8, 2022

Winedoc
Posted by Buygold
@ 11:26 on March 8, 2022
where every hit the scum tries to make, there are plenty of buyers to take us right back up. The previous all-time high for GLD was $195, we’re at $192. Probably $30 or so will get us to a new all-time high.
Exciting!