
Private Varnish
https://www.railpictures.net/photo/881898/
Brits give response blame China and how it relates to the LA riots
That IS priceless! ![]()
Open Source Intel
@Osint613
Here’s what just went down — and it’s very interesting:
1. UK Maritime Trade issued a rare warning about rising tensions in the Gulf, Strait of Hormuz, and Gulf of Oman, citing potential military escalation that could directly affect shipping.
2. The US Embassy in Iraq is prepping for an ordered evacuation due to security threats.
3. The State Department is pulling nonessential staff and families from Bahrain and Kuwait.
4. U.S. military dependents in Bahrain have been cleared for temporary departure.
None of these moves came from Fleet Forces Command, meaning this likely came from the top, possibly the White House. Something serious is unfolding.
Yep, gold over 40 percent since last June. Too fast might cause sell offs.
Platinum seemed to be a partial seasonal move based on industrial need. Seems moving up later than before. From memory something your plant mid summer or early fall and harvest in spring lol
It’s up 20% since June 2nd – 8 trading days.
I know it’s a thin market but why can’t gold, or especially silver make a move like that? We’ve seen that and more with Crypto and tech stocks for years.
Not complaining, we’re up 30-40% over the last year, but it sure seems like we have some catching up to do.
Maybe the revaluation is the answer, but wouldn’t all nations need to agree with a re-val? If we do get the revaluation, we can probably expect a nice windfall tax along with it.
Break down of the Government interfering with the Doctor patient care and the CDC and AMA shills to big pharma lying to the people.
(Kitco News) – A rare convergence of gold demand from both Eastern and Western economies is fueling a significant rally in the precious metal, and silver is on the cusp of a major move back to its all-time highs, according to Tavi Costa, Partner & Macro Strategist at Crescat Capital.
Speaking at the PDAC 2025 conference in Toronto, Costa told Kitco News that historical comparisons suggest a dramatic revaluation of gold could be in store.
Costa highlighted his firm’s recent report, which examines the potential for gold prices to reach extraordinary levels if the U.S. were to revalue its gold inventory relative to outstanding Treasuries.
“To me, it comes down to the treasury. How much treasuries are outstanding out there – 36 trillion. How much do we own of gold?” Costa stated.
Currently, the value of U.S. gold reserves is about 2% of those Treasuries outstanding, compared to roughly 17% in the 1970s and close to 40% in the 1940s.
“And if we’re going to go back to the 17%, it takes us back to $25,000 dollars an ounce, or if we go back to the 40%, it’s close to $55,000 an ounce,” Costa explained, noting that these are not price targets but serve to illustrate the potential for significant valuation shifts.
He pointed out that central banks have been accumulating gold at 50-year highs since the global financial crisis, while U.S. gold reserves are at their lowest levels in 90 years. This divergence, Costa suggests, could pressure the U.S. to reconsider its gold policy.
Costa also expressed strong concerns about the overvaluation of the U.S. dollar, stating it is likely at its peak and at its most overvalued levels in history versus other currencies. He drew parallels to historical instances of dollar devaluation, such as the Plaza Accord in 1985 and the events of the 1930s.
“What we do know is that the dollar is at its peak, most likely. And that’s the key part of it. So, as an investor, you think, what do I do in that scenario?” he said. He suggests that a weaker dollar would be a “green light to a lot of asset classes that have been ignored for a long time,” including emerging markets and natural resources.
Regarding silver, Costa sees it as being “on the verge of a significant move back to its all-time highs.” He noted positive short-term price action and believes the derivatives of gold, including silver, are looking very attractive near term.
“It wouldn’t surprise me if we see a jump in silver prices to finally close at a quarterly high in terms of the candle. A quarterly high would be around $40,” Costa stated.
He believes the historical “cup and handle” formation in silver suggests a potential breakout is near. Furthermore, Costa highlighted the constrained supply of silver and increasing demand.
Given his outlook on the dollar and precious metals, Costa recommends a rebalancing of investments away from the tech space towards commodities and emerging markets. He pointed to the high valuation of U.S. equities compared to emerging markets. Costa also observed the significant cash position of investors like Warren Buffett, suggesting a potential redeployment of capital when more attractive valuations emerge.
COVID related A doctor on comments recommended to his patients to read the book, ” The Secret Health Reset.”
He he Good for him. Luckily riot distractions interfering pharma paid media opposition getting diverted.
Perpetua Resources Announces US$300 Million Bought Deal Financing and US$100 Million Private Placement as part of Comprehensive Financing Package for Stibnite Gold Project
Close at the highs of the day. They seemed to do better as the SM tailed off.
Still, this was a BS day for the metals. They owe us a couple good days.
Humans have active taste buds for both salt and sugar. They’re the last to go. What I had to do with some patients with cognitive issues be injury or dementia to get them to eat was either add salt but not too much or if they couldn’t have salt and sugar or both on different foods usually by pureed fruits or sometimes Custard or what was on hand you wouldn’t usually put on protein or carbs like meat and potatoes but whatever works and they taste the sweets and would gobble it up. Plus those with low blood sugar. These are natural cravings. Unfortunately I could only focus on them nof avoiding them. You might have to watch out for too much salt too. Just trying low calorie type if you can and avoid high fructose corn syrup and remember it feeds cancer not resist it. Somethings wrong and my phone wants to close app but it’s not a app is is?
but silver still weak.
I guess the large cap golds knew this was coming somehow. Unfortunately, they’ve not built on the early gains. Typical.
BTW speaking of yin and yang. I learned that probiotic supplements are not good. The reason there is a lot of different good bacteria in the gut. The probiotic pills represent only a limited amount of them but in the gut only represent a small minority of the total good bacteria and taking the pills than only represent a minority of function will crowd out the majority of these needed bacteria harming the balance and takes longer to recover from than not taking them at all. So instead stick with the natural known fermented foods.
The Keto starts in serious mode when I’m done with treatment. I’ve got to stay somewhat balanced during, but I do need to cut down on my sugar now. I’ve not been good with sugar.
Will this happen to silver too over time?
Would not be surprised.
It’s number five right now.
Be careful with keto as too much protein can be toxic.. yin and Yang off balance and your kidneys.
There is times where having a little more but for athletes, weight lifters who are in good health at the time. They also can tend to crave it so have to be careful. Here’s some notes. Eggs are good for the brain but no raw eggs, wash fruits vegetables no rare meats to be sure to destroy harmful bacteria. Alternative sweets that don’t use processed sugar.
ICE is swiftly evolving into our homegrown version of the Gestapo or The People’s Commissariat for Internal Affairs (NKVD). It oversees 200 detention facilities. It is a formidable domestic surveillance agency that has amassed data on most Americans, according to a report compiled by The Center of Privacy & Technology at Georgetown.
Chris Hedges: American Concentration Camps
If Newscum gets in this is what you will have.
Maybe they will pull out all those guillotines they have.
Who knows
For sure … both the DXY and 10 Year are down 50 ticks.
Unreal
I’m not sure of the connection between Bessent and what they’re doing to gold today is, but what they’re doing is surely a load of B.S.
You’re right, the metals should be flying.
… the Dems are rolling it out this summer …
It’s a Bolshevik revolution … don’t be fooled … the commies want the public to hate Trump by the end of his term so they can install Newscum.
Let’s hope this does not work.
Localize folks