Nice close!
Biggest day % wise I’ve ever had.
Oh well, we’ll probably just give it all back tomorrow. 🤣😂🤫
Nice close!
Biggest day % wise I’ve ever had.
Oh well, we’ll probably just give it all back tomorrow. 🤣😂🤫
to be WRONG!
GDX try and take out 9%….but everytime it gets there it slips !!!!! I see NEM and Barrick are lagging……are these Algo’s still selling short…seems they still think this is a shorting bounce !!!!!
gold up 4%, silver 4 3/4%.
…and counting —
It will be really interesting to see how they close.
I’m really surprised by the lack of volume. GLD is the only thing I can find that is above average at this point.
I think maddog said that fund buying will usually come in at the last hour? I’d be disappointed if they take the HUI back below 800.
Here Comes QE Lite: Yields, Dollar Tumble, Gold Spikes After Treasury Unexpectedly Doubles Size Of Long-End Treasury Buybacks
going out……. seen this too many times!!!
I’m sure most of us try to do a lot of those things already but there’s nothing wrong with new knowledge.
Cheers
It’s all about your lifestyle habits and how they are affecting your health, and how these 5 simple daily habits will let you live even longer than Sng who has unconsciously followed them for many years. ;o)
Seems most of the volume in the shares came in the first hour or so. Did the trick but no panic buying yet.
So we would then see the yield curve inverting?
I forget what that means for the economy/ markets. We know this much, these governments can’t take rates any higher than they are.
It seems a revaluation would solve all sorts of problems and might be agreeable to most governments. They’re going to have to bump it up toward 25k at least IMHO. There’s your reason for the Dec. calls.
Good to see silver escaping $65
Re weapons …..you were useing big weapons against drones, but I doubt very much that is true now.
The problem with the war is the Media hate Trump and will print anything negative, including outright lies, so what is true and what isn’t….the Media have had Putin losing and dieing every week for years now.
re short end vs long the whole world looks like it was betting on higher rates, so they had the yield curve wrong as well, which is basically spread trading …. you get far bigger size put on, rather than the outright trades……
They were betting the long end would continue to widen above the short end…..today we see start of an unwind…..with no-one on the other side and in mid summer…..Gold shorts are gonna get similar or way worse, as longs pile in and shorts cover.
here is the move in 2 vs 30’s tdy
You’d have to convince the world you actually had some.
Who would you send to Fort Knox to vouch for it? A skeptic like Rand Paul?
MINING.COM
@mining
Gold miners are running 2.5x ahead of gold itself.
$GDX
: +27.8% in 30 days
Gold: +11.2% in 30 days
$65 silver must be a big level for the criminals, wondering what or who breaks when we leave it in the dust? They are fighting it hard but the share are saying “nyet!”
It looks like the shares might start to price in future earnings, something they haven’t done in 25 years.
Battle for $4500 is raging. How many times in the last 25 years have we seen gold up 3.5% in a session?
Seems the trend is our friend! 🙂
Mark
@Mark_IKN
South America Is Turning Right (a short thread)
The #Chile election result this weekend is more evidence of how the region is moving away from the political Left wing. The surprise is the right’s veto majority, it’s also the rapid rise of the Hard Right under José Antonio Kast..
Medeea Greere
@GreereMedeea
🚨 BREAKING — Gold Never Dies: U.S. Treasury Secretary SCOTT BESSENT Reignites the Gold Standard Debate — “Gold Can’t Have a Budget Deficit. Gold Can’t Start a War.”
BREAKING: U.S. Treasury Secretary Scott Bessent ADMITS gold is immune to deficits, debt, and war — sparking calls to revisit the gold standard 55 years after Nixon’s “temporary” suspension. Is the global system shifting again?
I read awhile back although hard to tell what’s real or not with news that we were using big weapons for little drones and Irans plan was to cause us to go broke. That they needed to find a better way to deal with the drones.
Mexican beer brand Tecate has a message for President Donald Trump in its newest commercial: “Trump can go fuck himself.”
The line appears in a video recapping Tecate’s recent “Gulf of Mexico Bar” campaign, which mocked Trump’s decision to rename the Gulf of Mexico the Gulf of America.
https://www.aol.com/articles/mexican-beer-tecate-brand-pokes-212300000.html
Willem Middelkoop
@wmiddelkoop
More Money Printing
‘At 8:33 AM ET the U.S. Treasury released a statement saying it is increasing (at least doubling) the maximum size of its liquidity-support buyback operations for longer-dated nominal coupon securities (10- to 20-year and 20- to 30-year sectors) from $2 billion to at least $4 billion per operation. The change takes effect September 9, 2026.’
Besides AI capata anxiety and monitizing debt.
+1
The U.S. dollar is down this morning because recent soft economic data, including mild inflation and weaker job market numbers, have caused investors to lower their expectations for upcoming Federal Reserve interest rate hikes. Markets are also pulling back on Treasury yields as traders await the afternoon release of the Fed’s July meeting minutes. [1, 2, 3]