Loading ...Charging 42 thousand to drive A truck through the border if the truck doesn’t meet the stringent mandates. Other states up in arms. Food rotting because the trucks refuse to go there.
I remember back in December there was news that a few of the refineries had shut down for maintenance. One in Salt Lake City here and a couple in Europe. The timing was noted as odd for just maintenance. The same video thought March deliveries on the Crimex would be off the charts and potentially problematic.
I’m wondering if aside from a few 1-2 day death drops we don’t keep going until then. Next week with the Fed meeting will be interesting.
Plus the forgotten metal.
If that is true about Kyosaki, that’s pretty sad to me. Something like I would do.😞
When Ipso first posted the Bateman announcement on X, he said he had picked up the silver 6 months earlier. If so, I’m guessing he’s in at about $26-$30 oz. Not too shabby if you own 1.25 million ounces.
Using ratios. It worked for me back around 2011 switching one for the other.
re yr 19.47
As I said tks v much…..yet another poss confirmation…..the action sure seems to confirm…..as so far demand has not stopped at all.
Bateman sure hit a home run! Wouldn’t take too many billionaires to run the price way up. These deep pockets guys could afford to buy their own operating gold mines.
re: Kyosacki … I think there’s a lesson there
A whole lot of it.
Moral of present story is my eyes were opened to China quietly accumulating metals partially in 2007 and definitely 2008 till now having enough along with refiners. But thanks to Trump the nations around the world except maybe Africa can say and we have the oil. A perfect storm for miners.
I wonder what Dave Hunter sees going on 2030s with 500 oil? The demos getting back in? Seems so because he did mention so far Trump is helping keep it affordable. Except for Gov Newscum in California taxing and driving the oil companies out.
I bet China wanted to hook up with the mid east for oil but Trump’s watching out for that right now with Itan hopefully not trading one regime draining the life out of them for another and hopefully Mexico will hold their own and have mines to think about too as well as oil effects all costs but they’re still all over Africa’s resources.
re yr 19.47
Tks v much for that….as I said …have never seen a mkt run like this….also just look at how happy Bessant is…..
Trump is part of the fundamentals vs scraps and losses during demos unless your a vaccine manufacturer. He’s oil friendly, miner friendly and business friendly although adversarys and those leaching off US or sleeping through potential future economic dangerous China’s move on commodities and securing oil resources might not like but what they do like only works for the globalists and criminals Anything can happen but when Trump is finishing his last term and if I’m still around I would be a bit nervous except for having phyzz.
I think when are you going to sell should be more of a physical holding question on what you will trade it for although timing helps.
The stocks are a different story. Like are they getting greedy and diluting investors shares thinking they can use them to make money off forever or using other avenues and hedging if they need money and leave investors and their profits alone or just avoid them or make them speculative not core and get out before a reverse split. Political reasons. Costs reasons. Trump works to keep oil prices down but running, permit and business friendly plus which miners or those holding their shares can also hedge but as far as oil depending on how high will negatively affect miners as well as commies and dictators esp net zeros or taking over mines dictators. More seasoned traders won’t sell on the first red candle if they know its still in a bull channel and if fundamentals are in place less moving around to different shares or taking some profits on particular stocks for whatever reason. They also know not to set it and forget it.
Re Vronsky….nah….he can’t celebrate…he banned himself !!!!!
Earlier today, shortly after silver jumped above $100. He posted on X, “Congrats everyone on $100 silver. Couldn’t have happened to a better group of degenerate mildly autistic misfits.”
Bateman’s trade could easily be up more than 250%, though he did not disclose his cost basis at the time. Either way, it stands out as one heck of a trade. As for readers who purchased ZeroHedge coins and bars of gold and silver, the hedge has clearly paid off.
I wonder where he stores it? His reasons:
The banking system has been meticulously designed to seize your assets to buoy up a collapsing banking sector (see The Great Taking). You have ZERO counter party risk with precious metals.
Are you a lurker here David?
Or aluminium, beans, OJ futures etc. as they are constantly being used, the supply and demand is based upon consumption. Nobody stores high volumes of these things because they either deteriorate or the prices can drop – you might hang on to copper a few months, or years even, but it takes up a lot of space and eventually it’ll peak and fall.
Gold and silver are both consumed, gold only in small quantities, and we know that we’re holding them because they have been the go-to for financial soundness for five millenia or so. Which means that for them to continue to rise there must be continued increase in interest of their monetary characteristics.
There are about six billion ounces of gold above ground in the form of bullion, coins and jewellery. That’s less than one ounce per person worldwide. Even if you took America by itself that’s only 18 ounces per person. Silver is worse, only about 4 billion ounces or 12 ounces per American. Therefore I can’t see either of them ever becoming a unit of currency again, there just isn’t enough for America let alone the ROW. Value gold at $20,000 per ounce, each gram is $654, a loaf of bread is 0.00025 oz; one thousandth of a quarter of an ounce. Give silver a 100:1 ratio even, and a loaf is 0.025, one tenth of a quarter of an ounce. A silver nickel contained double that, so every American could have 480 nickels and 18 eagles if the USA gets all the gold and silver and converts it to coinage.
Obviously that’s not going to happen. The plan must be to back a paper or digital currency by gold to give the impression of stability. So the price stops moving when the US, or China, set the price. M3 is about 21tn, so with 8144 tons of gold reserves in the US, 261,000,000 ounces or $81,500 per ounce. Who knows? But I think that if there is a plan to back currency by gold and/or silver, it’s got a way to run yet.
Robert Kiyosaki says he sold all of his gold and silver 11 months ago.
After talking about it for many years, he completely missed out on the +230% increase in silver and +80% in gold during the past 11 months.
Wow I didn’t see that.
If that really happened maybe everyone that has PM stocks holds on tight to their shares that might explode like a volcano for days while their being repriced overnight.
For their long term loyalty.
Do you suppose Vronsky is having a celebration banquet… all by himself? 🙂
This Silver Zephyr is gone!
https://www.railpictures.net/photo/884605/
Judy Shelton who was Trump’s pick as a Fed Governor in his first term, but was denied by our corrupt Senate, said in an interview that Trump told her that in July 2026 they were going to re-value gold to $20K and put out gold-backed bonds.
That $20K number comes up quite a bit doesn’t it?
I guess we’ll find out in 6 months from now. Makes sense as to the revaluation of silver as well.
Ya know I bought some, made a $400 profit and sold it. I’ll probably start nibbling back into it next week. Thanks for the interview. c
Check it out on three months.
I suppose this stock could go to 100, but it could probably also go to 10.
He even lifts weights.