The Bosses are running late
https://www.railpictures.net/photo/882204/

Too bad you didn’t take a pole on Powell and the interest rate tomorrow 2 pm Est. He’s either a disaster in motion or another one waiting to happen. He couldn’t actually have caused these disasters based on his political views could he?

Israel and it’s leadership has been back stabbing their “Friends ” ( using that term loosely ) and Foes since it’s inception, in 1948.

And what are they gonna justify their taxes on? What have they done for the tax payer?

Theyre never gonna leave the Jews across the world  alone or anyone for that matter as long as psycho  Netanyaho is around. He isn’t gonna get over on Trump so easy trying to lure him in or hope he doesn’t. Psycho wants war so bad do it himself and put him out there and send Graham, Abrams and the other neos with him and do us a favor.

There seem to be enough videos of them to leave no doubt that they have them, and that there is no defence against them. If Trump attacks, how do the aircraft carriers make out? If you’re gonna have your facilities taken out in any case, why not go out in a blaze of glory by knocking off a couple of big prizes?

And if Russia was/is involved in their development and big US targets are taken out, how does that impact US attitudes towards the Ukraine war?

Meanwhile back at home household rates (property taxes) are set to rise because the city is built out and developer fees are leaving a AU$1bn hole in the budget. Maybe time to move a few hours west …..

https://www.infowars.com/posts/breaking-netanyahu-double-crosses-trump-says-he-will-not-engage-in-peace-talks-wants-regime-change-as-china-announces-they-back-iran-along-with-nuclear-armed-pakistan

BREAKING:

Major problems with accessing bank services in Iran.

Both ATMs and card readers aren’t working at many locations. Lots of bank offices are closed. Panic is starting to spread as people fear that they have lost their life savings.

https://x.com/visegrad24/status/1934902787218784265

https://www.zerohedge.com/markets/mali-places-barrick-golds-loulo-gounkoto-mine-state-control

How this benefits the Mali government is beyond me, as running a gold mine is definitely beyond them.

https://www.twz.com/air/u-s-air-force-fighters-deploy-to-reinforce-middle-east

https://www.twz.com/air/major-u-s-middle-east-focused-buildup-confirmed

Go away for a few days and all hell kicks off……TA on oil is saying it could go way up……if recent action is a 2nd wave bull flag, an equal tgt is @ $ 155.00

YES  !!!!!

… to a country you live in …

Go local folks

Remove their power

…. https://cdn-ceo-ca.s3.amazonaws.com/1k52uvq-x.mp4 …

They were reading your post HA!

Dog

A New Policy
@anewpolicyorg
? Breaking:
@anewpolicyorg
‘s sources tell us that a meeting yesterday between U.S. Ambassador Mike Huckabee and Israeli Prime Minister Netanyahu devolved into a shouting match over Netanyahu’s objections to U.S. plans to evacuate our citizens from Israel and the wider region.

U.S. officials believe that Netanyahu’s objection was predicated on his desire to hold U.S. citizens at risk in order to increase the likelihood of U.S. entry into Israel’s conflict with Iran.

https://x.com/anewpolicyorg/status/1934663186395091181

Captain – yeah, Boeing is a mess. DEI destroys companies, government and culture. They hire the least qualified people with the worst attitudes and don’t hold them responsible because of their gender, skin color or whatever. This government has been the very definition of racist. Large corporations interwoven with government.

As for rates, I don’t know if they’ll defend the bond market. If they do, then they can delay rates for quite a while. Rates around the world are falling, so I’m anything but sure how that will play out.

HA! I should have just bought NFLX 10 years ago and gone to sleep, or NVDA and the rest.

Adog  – looks like the usual first hour or so games with the shares. The dollar is moving up on us, so I suspect either the shares will start to bid up with the metals or the metals will come back down to meet the shares. The strength of NEM is amazing lately.

Seem to be ignoring the metal’s move so far?

Dog

Septic cleaner
cow killer
Top Iranian military commander

I hope you’re rural amigo! Let’s hope we’re not going to start a new ice age … a nuclear winter type thing. Got food?

https://x.com/LangmanVince/status/1934702848870142444

No kidding mate.

And then there is Boeing … Looks like the last catastrophe is the one that broke the camel’s back … no ignoring it now … getting high on your coffee break does have consequences … if not for you … your unfortunate passengers.

Who in their right mind is ever going to order another plane from these clowns?

That alone could have a material effect on trade balances.

Say goodbye to the dollar.

You would think that might be good for gold and silver.

I would not bet against Bessent quitting at some point (for medical reasons) as interest rates go through the roof.

Chuckle

Yup – so here comes WWIII.

I wonder what they will use as an excuse for the lockdowns this time?

Can’t lockdown everybody if the fighting is only in big cities.

Anywho – here is a good way to look at the silver market right now IMO.

For decades, I’ve gazed onto trading screens, watched tickers scroll, and felt both the rush of a moonshot and the sting of a sudden reversal. If you’ve been around long enough, you know the narrative well. “Silver is overbought,” say the experts, pointing to a stretched RSI or a yearly chart that looks more mountain than plateau. And, yes, eventually, the crowd will be right. Tops do form. Corrections do come. But here’s the part I learned staring at those screens and studying history’s data sets on restless nights: overbought doesn’t mean over, the correction might happen way down the road, and even then, it could just be a couple of percentage points..

Study the history of silver and you’ll see some of the greatest percentage gains came after that big, scary “overbought” signal flashed red on the monthly RSI.

Rethinking Overbought in Silver Markets

We’re hardwired to seek safety. When a market looks stretched, every instinct says, “Not now, it’s too late.” But silver teaches us a different lesson, if we’re paying attention.

I look at the RSI, the Relative Strength Index, every month. It’s not just a measure of price, but momentum, emotion, irrationality. When it crosses 70 on the monthly, commentators start to warn of danger. “It’s overbought.”

Lessons From the Past

Sometimes, truths hide in plain sight. Here’s what the data says about key times when silver was “overbought” during in past bull markets:

Looking at the chart at the top of this article, the so-called “overbought” moments in silver, as defined by an RSI above 70, don’t always signal the end of a rally. Instead, they often mark the beginning of sustained upward momentum. Historically, these instances frequently precede significant price movements, where enthusiasm builds rather than diminishes. This pattern suggests that the emotion and momentum captured by the RSI can sometimes indicate untapped potential rather than impending risk. It’s a reminder to approach these signals with nuance, recognizing that a high RSI is not necessarily a stop sign—it might just be the start of an extraordinary run.

Let’s take a look at the history of Silver and when that RSI overbought warning has flashed before in past bull markets.

• May 1967 – Jun 1968: Silver rose from $1.60 (RSI 91.91) to $2.50 in 13 months (+56.25%), with RSI easing to 77.17.
• Feb 1973 – Feb 1974: Silver climbed from $2.49 (RSI 75.56) to $6.70 in just a year (+169.08%), with RSI at 82.55.
• Jan 1979 – Jan 1980: Silver skyrocketed from $6.75 (RSI 73.31) to $48.00 in just a year (+611.11%), with RSI reaching 80.56.
• Dec 2003 – Apr 2004: $5.93 (RSI 70.16) to $8.21 in 4 months (+38.45%), with RSI jumping to 80.11.
• Jan 2006 – May 2006: $9.81 (RSI 73.58) to $14.75 in 4 months (+50.36%), with RSI dropping to 64.66.
• Feb 2008 – Mar 2008: $19.80 (RSI 75.81) to $20.74 in 1 month (+4.75%), with RSI rising to 80.15.
• Oct 2010 – Apr 2011: $24.74 (RSI 73.84) to $48.45 in 6 months (+95.84%), with RSI reaching 82.17.
• Jul 2020 – Aug 2020: $24.34 (RSI 70.21) to $28.91 in 1 month (+18.73%), with RSI at 71.01.

Each cycle is a meditation on patience and conviction. The gains after “overbought” matter more than the warnings that preceded them.

Retail Sales missed: -0.9% vs. -0.6% expectations, ex. food -0.3% vs. 0.2%. Recessionary.

Export prices -0.9% vs. expectation -0.1%, Import prices up 0.2% vs. 0.1%

The fact that with all the terror about tariffs being inflationary, they are not. Unless oil gets out of control, we will be looking at deflation, I’d argue we’re already seeing it. My grocery bills are falling nicely. That $30 box of 60 eggs is now $13, on its way back toward $7. Cucumbers $.64 ea, Roma’s $.97 lb, we even picked up some blueberries for $1 an container, usually $4.

The Fed has crushed the economy. They should be cutting bigly, right now. Maybe now that Trump is going to get us involved with Iran, they’ll cooperate. Geesh.