Peter St Onge, Ph.D.
@profstonge
·
2h
Foreclosures spike 20%. Car loan delinquencies soar 50% — worse than 2008.

And nearly half of Americans can’t pay their bills.

https://x.com/i/status/1991484172553318686

Another take on NVidia’s lies …

A negative close would be sweet.

Cheers

….for the scum. Take Gold down some $36-37 pre-market ( fully knowing that stock futures were going to scream higher), so when Gold does rally, it rallies back to unchanged on the day, and the stock market opens up some 500 points.

That perpetuates the perception!!

Interesting take on what timeline EU will no longer exist which all the analysts speak of , that likely after war ends in Ukraine. So does that mean Germany’s self appointed leaders want war as a hoax to gain more time to hold on to power while continuing their so called policy’s ruining these countries in everyway possible by destroying industries by destroying energy, farming and food production, depleting balance sheets for war in Ukraine and open borders, to continue to exist themselves because of their economic and sovereign  mismanagement to sabotage  at the expense of everyone else in the EU and beyond? When they finally get rid of these said criminals I hope they change to a system that votes for representatives of their people instead of appointed by their enemies.

“GPUs Are Sold Out”: Nvidia Soars After Blowing Away Results, Projections

https://www.zerohedge.com/markets/gpus-are-sold-out-nvidia-soars-after-blowing-away-results-projections

I have their subscription that’s not doing me any good right now not using it  but this is free news. I don’t short individual companies or want a margin account.

Target’s Earnings Continue To Decline; A Bankruptcy Filing By 2030-2031 Is Likely

This is Porter’s Daily Journal, a free e-letter from Porter & Co. that provides unfiltered insights on markets, the economy, and life to help readers become better investors

My next big short… Target is the new Kmart… This is not a temporary dip… Target’s brand and business model are now permanently impaired… What happens next… A warning on the economy… Nvidia reports earnings tonight…

And they are supposed to be finding half a trillion (dollars, not yen!) to ‘invest’ in America. Three years ago interest rates were 0.1% on the tens. Six years ago the rate was -0.25%. Now 1.772%. Six years ago the yield on the 30s was 0.141%. Now 3.346%. That’s a 2,373% increase in yield. And the suggestions back in July were that Japan was already in recession before the tariffs.

Things seem to be turning down in America too. Of course, my outlook for the USA might be biased due to my reliance on ZH for the news, but with the tens remaining stubbornly above 4% in spite of all the jawboning and rate cuts off the table there and in Oz the outlook for increasing rates in those countries seems more likely than lower. Delinquencies and car loan defaults rising in the US. Our housing market is still on steroids though, with solid gains every month and everyone driving a new car except us. Mind you, nobody here either knows about the headwinds in the US, or would care if they did.

Trying to work out what will happen in Oz is probably not too difficult. If rates are rising in the ROW, then eventually they must here too, or the currency will collapse as we have huge personal borrowings with a significant international element, and our govt. debt is infinitely higher than 20 years ago. If rates rise, what happens to the housing market? We have a genuine shortage of housing, to own or rent, due to massive migration. So house prices can’t collapse due to a fall in demand; it will have to be a debt liquidation when people can’t pay the mortgage or the rent, by which I mean the bank/landlord forces people out, and sell the house for less than it was ‘worth’ (but it still pays off the outstanding mortgage) or rents at a lower price for cashflow. What is difficult is the timing. As I say, it’s still a very gung-ho environment for housing.

{edit six hours later Japanese tens at 1.825%}

Store of value? Sheesh

Wow! That’s pretty good when a short seller takes a long position! Thanks! 🙂

I saw a story where a famous short seller ( Muddy Waters’ founder Carson Block) came out at the Sohn Conference in London. He basically said that he has taken a long position because he feels that the company is undervalued compared to the price of Gold, and that the company has taken a conservative view of its own growth projections.

The volume is @ 10x what it’s normal daily volume is, so perhaps he’s convinced some of his followers to jump on board!

https://stockcharts.com/sc3/ui/?s=SNWGF

Nope that’s not until the 28th … this would be too early for a December contract.

Metals Futures First Notice Dates – Barchart.com

The big thing that is happening right now is the NVDA earnings could trigger a larger sell-off … which will take the PMs with them for a week or so … at least that is what I think with CME futures in both gold and silver so low.

Metals Daily Exchange Volume & Open Interest – CME Group

In the old days … before the cabal went too far in terms of bashing everybody’s brains in with the tech pump and PMs dump … traders/the public were terminally bullish PMs (like with tech now) … which is a large part of the reason PMs would get killed on pullbacks (because idiot perma-bulls would dump their shares and contracts) … but now the situation has flipped and is not likely to reverse until PMs push much higher … so you buy the dips … where one is coming now courtesy of the tech rout being signaled by bitcon.

Lookout below … but the pullback in PMs should be relatively shallow and only last a week (if that).

Cheers all

Isn’t tomorrow first delivery day for the month??

Another potential reason for these blatant manipulations; to get the metals back to more manageable “levels?”

And to potentially influence some who are thinking of taking delivery, that it’s not such a good idea…..

Is the tool of the day for the scum.

hackerbot
@thehackerb0t
·
Nov 7
Fun Fact: The NSA has more employees than the FBI and CIA combined.

Touch wood

Touching my head!

Dog

Newsom is a giant wrecking ball destroying California. No wonder so many have been moving out!

Have a good un!

Their choice of a place to demonstrate shows their agenda.

Muslim societies have little room for Christians, same God or not.

Re Germnay…not too bright, those muzzies….pissing Germans off, is not smart……they sacked Rome and fought two World Wars, in between other wars….

Re California, that is a world wide movement amongst the Globalists, we may well get it here soon, for EV’s initially….but once it starts etc….

be back tomorrow….cheers

Suppose Christian Evangelists marched shouting there is but one God?   While some followers of Islam have become radicalized, just as happened to some Christians throughout history, it is likely their one God is our one God in a different flavor.  Look how often Jesus is mentioned in the Quran.

imo

aurum

conspiracybot
@conspiracyb0t
·
Nov 16
California is planning on taxing citizens $0.30 per mile they drive.

https://x.com/conspiracyb0t/status/1990296213363790164

Texas News: Abbott Designates Muslim Brotherhood, CAIR as Terrorist, Criminal Organizations — Bans Land Ownership in Texas

Guaranteed you won’t see that in any blue states or commie DC.

Chuckle

… stock market players are still way too bullish if the open interest put / call ratio for the SPY (measuring retail sentiment) is to be taken seriously … as they are buying the dip.

Certainly bonus hungry bank analysts likely don’t see it this way … but maybe you should.

Cheers all

When precious metals are priced in dollars, every move appears dramatic. But when measured in ounces – as the experts at VON GREYERZ, including Matthew Piepenburg and Egon von Greyerz, or even central banks do – volatility disappears, and the broader perspective on the financial cycle becomes clear.

In this in-depth discussion, Piepenburg explains why fiat currencies are the melting ice cubes of our time, why history consistently replaces bad money with sound money, and why investors waiting for the “perfect entry point” into gold so often end up buying at higher prices.

Mornin all

The British Patriot
@TheBritLad
·
18h
🚨NEW: In Germany, large crowds of Muslims walk directly through a Christmas market chanting:

“There is no God but Allah , Allah Akbar”

This is the true face of Islam.

https://x.com/TheBritLad/status/1990853436221354313