Another plane crash.
Now in PA near a mall.
Buygold
…Slapped 25% tariffs on Mexico and Canada and 10% on China. The trade wars begin.
On this side of the coast I better grab some avocados and blend and freeze them.
South Calif fires till rains next week, North Calif incoming storms and flood warnings to many counties. When these things happen they don’t seem too interested in the stock market, at least locally anyways, especially if power outs go with it. In the house of cards we got going now, their call next. Stand pat, or double the ante. Trump’s not bluffing.
Buygold re The Federal Government’s Dead Wood Layoffs.
Plus exposing and jailing the thieves. But regarding jail time that none of them ever got in the past, I suspect they. like Eric Holders etc etc are “soldiers” of the deep state, just following orders. So are exempt from punishment.
Many years ago I worked for nonunion Grumman Aircraft. On occasion they would have dead wood layoffs. I also worked for unionized Republic Aviation, they used last in first out with layoffs.
Par for the course
Every time there seems to be a bit of exuberance in the metals markets, a piece comes out about shortage, backwardization etc., we should all know it’s time to lighten the load because a smackdown is right around the corner.
Trump spooked the market
Slapped 25% tariffs on Mexico and Canada and 10% on China. The trade wars begin.
My wife just read me an article
Stating that the highest level employee at treasury, who would be under the new secretary, just resigned because of a conflict with Musk and his DOGE group. The issue being Musk wanted access to the payables and what bills and where the money was spent and sent. Rightly so.
Now, this No. 2 at treasury didn’t want to give it to Musk. I assume this guy has been there for years, why wouldn’t he want Musk to see that? Where are they sending money that they shouldn’t be? I call B. S., these people forget they work for us. I bet there are a lot of illegal and illegitimate payments being made on a $6 trillion dollar budget.
I think they are just now starting to scratch the surface and a lot of government folks are going to jail.
Back to the warzone
Can’t quite put together the rally today, kind of surprising because the dollar has come back down. Then again, not surprising at all because it’s never easy and silver is down, so the shares won’t go anywhere.
Well, now silver has popped green, so we never know. Let’s see if we have some game and can get above 320 HUI today, after the halfway point.
With tariffs potentially on the way…
… we have futures speculators rushing into contracts at a record high rate.
The February gold contract blows away the comex record with 184 tonne standing for delivery
Thing is, if Trump does not include gold and/or silver in the tariffs, prices could plunge on Monday.
He has a history of not following through with threats.
Only the shadow knows what he will do.
Be careful
Better late than never …
GERMANY MOVES TO TIGHTEN BORDERS – AfD COULD TIP THE SCALES
The Bundestag will vote on the “influx limitation law,” a CDU/CSU-backed bill aimed at cracking down on illegal migration and strengthening deportation powers.
The law would end family reunification for migrants under subsidiary protection, empower federal police to detain and deport illegal entrants and reinforce border security.
Manipulation alert
AG has broken its 50 dma three times since November. Each time, it has been reversed THE VERY NEXT TRADING DAY.
I’m sure that’s just a coincidence. 🙂
Ipso – yes!
Getting expensive to be short this market. What happens if someone wants delivery in size?
$2820 – nice number, eh? 🙂
Buygold @ 9:56
Gold’s in a tight market!
Kind of drag if you’re miles short!
Fauci will be in hiding the rest of his life.
My gut says this is a “buy the dip” moment
and y’all know how often my gut is right, LOL.
Ipso
Interesting LBMA news. It seems the plot thickens. I think I read or heard that gold lease rates had shot up to 12%, when normal lease rates are around 1/2%. That will put some stress on the market.
I’d think Fauci would be susceptible to civil action. Might as well bring it and bankrupt him in the process like the last administration did to so many others.
Senator Ron Johnson has Subpoenaed all of Anthony Fauci’s emails from HHS.
https://x.com/WallStreetMav/status/1885192937434124785
Can he still be sued in civil court?
PCE’s were in-line with elevated expectations
0900 hr. is here. What will they do?
Buygold @ 8:17 on January 31, 2025
I have written to both of my Senators urging that regardless of what happens in Committee that the nomination of Tulsi Gabbard be brought to a vote on the floor with the voting public.
aurum
It is a time for action.
Whatever the PCE’s
It doesn’t appear they were too unfavorable to pm’s
The usual spoofing games with GLD and SLV, and silver is losing steam, but I doubt that has to do with the numbers.
Trying to fight the good fight, I hope.
PCE’s out at 0830
Some inflation data coming in a few minutes.
We’ll see how that goes, it looks like they bumped up estimates a bit for higher inflation in the numbers. If they come in hot, the MSM will immediately blame Trump.
Getting a little concerned about Tulsi Gabbard’s confirmation. These weak-kneed RINO’s, but especially the RINO women Collins and Murkowski, make me want to puke. Biden’s pick for DNI Avril Haines was confirmed 10 hours after the inauguration with an 84-10 vote that included all these RINO pigs.
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December 2024 Quarterly Activities Report
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Blackrock Silver Announces Closing of $13.8 Million Bought Deal Public Offering; Overallotment Option Exercised in Ful
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Lion One Drills 6.7 m of 25.45 g/t Gold in Zone 2 at Tuvatu Gold Mine in Fiji
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Guanajuato Silver Files Technical Report for El Cubo Mineral Resource Estimate
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Leocor Mining Begins Drilling at its Copper-Gold Baie Verte Project in Newfoundland
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NevGold Samples 3.79% Copper and 1.6 g/t Gold And Identifies New Copper Targets At The Zeus Copper Project in The Hercules Copper District, Idaho
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Reyna Silver Announces 3 Million CAD Private Placement
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Kenorland Commences 2025 Winter Drill Program at the Frotet Project, Quebec
https://ceo.ca/@newsfile/kenorland-commences-2025-winter-drill-program-at-the
Kuya Silver Intersects Multiple >1,000 g/t Silver-Cobalt Veins in Wide Mineralized Zone At Campbell-Crawford Target, Silver Kings Project, Ontario, Canada
https://ceo.ca/@newsfile/kuya-silver-intersects-multiple-1000-gt-silver-cobalt
Sokoman Drilling Resumes at Western Trend, Moosehead Project, Central Newfoundland
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