Loading ...If there was a functioning CFTC, that ‘someone’ would surely have been asked to explain what the hell they are doing and just how much Silver can they deliver……
This could make Gamestop look like amateur hour.
Dollar bouncing?
Rates flat, so I guess that’s enough to bounce the dollar a little and sell the metals back into the $32’s. They’re trying to rally tech, but can’t really get it going, so they’ve bought Bitcoin and other crypto. Crazy. I think Bitcoin is at an all-time high here near $111K.
Outside of that, oil getting hit for a buck, now back at $60. PM shares taking a hit, but not too bad for most. The exception there is always AG, HL, EXK. Those three stocks always get whacked harder than everything else when silver is down. Been watching it daily for years. I would also include NEM on the gold side, but they seem to use NEM more as a tool to keep the indexes and ETF’s in check.
Some run of the mill eco data today. We’ll see if they can rally bonds after all the selling lately. Markets around the world got hit overnight, makes me think they won’t be able to hold our markets together today, but you never know.
Silver getting crushed now, rates ticked up while I typed. Probably going to be an ugly day.
Mr Copper
Bannon got back to me !!! and amongst all the cussing, he said the MAGA movement goes on, the Dems have no idea other than Lawfare, to counter MAGA….there will be a constitutional crisis, over Lawfare and the behavior of the Judges….the new Pope was the chosen successor to Francis and that may well cause a schism in the Catholic Church.
Cheers
Goldi – Prostate tests
I have heard that the majority of elderly men have prostate cancer, but it is so slow growing that they will die of other causes than prostate cancer. One thing I did not know until a friend underwent the procedure, is that a prostate sample is not just ONE needle probe sample… which is painfully horrible enough… but that the doc lays out a gridwork pattern and takes about 12 samples from various parts of the prostate. The excuse is that there could be a tiny nodule and so they lay out a gridwork of samples and pierce each one for a separate sample. I encouraged my friend to NOT have the test done, as he had no other symptoms, but he nearly fainted when the doctors said the ‘C’ word and he let them do whatever they wanted. It was brutal. And he did NOT test positive for cancer in the end. The test is so invasive that if an individual does have cancer, the multiple piercings are going to leak and spread cancer cells to surrounding tissues. I see no reason for that testing at all.
Spot silver price currently
$33.33
A very good number.
Ferrett
Scott Adams did say the smart ones, the happy ones are the unvaxed who got natural immunity and don’t have to worry about the unknown effects from the jab. Not that other things can’t come along as there’s other cancer causing and health related toxins in every aspect of our environment or jobs, just one less thing.
He also noted as far as prostate cancer that he tried Ivermectin and Fenbendazole although I think it’s supposed to be in addition to other forms of chemotherapy with his doctors blessing but it did not work. Yet they discourage prostate checks despite markers being late to show up. By a certain age to have a better chance of catching it early they should be checked every 6 months.
Many early warning signs of noticeable symptoms are caught by the person not during routine checkups.
Here’s a map
Pairing stagflation with the current dollar and rates. This is without war, tarriffs, or policy’s to curb it or make it worse.
The scenario you described—a declining dollar paired with rising Treasury yields—does raise concerns about potential stagflation, a challenging economic condition characterized by slow economic growth, high unemployment, and high inflation.
Here’s a breakdown of why this combination is worrisome:
1. The Weakening Dollar:
- Typically, rising Treasury yields attract foreign investment, boosting demand for the dollar and strengthening its value. This is because higher yields make US assets more attractive to global investors.
- However, a declining dollar despite rising yields suggests a loss of confidence in the US economy or assets. This can be triggered by factors like concerns about government debt, rising inflation, or geopolitical instability.
2. Rising Treasury Yields:
- Rising Treasury yields reflect increased borrowing costs for the government and the broader economy. This can happen due to various factors, including higher inflation expectations, increased government borrowing, and a shift in monetary policy.
- Higher yields, while potentially attracting investors, can also stifle economic growth by making borrowing more expensive for businesses and consumers. This can lead to reduced investment, slower economic activity, and potentially higher unemployment.
3. Connection to Stagflation:
- The combination of a weakening dollar and rising yields can create a vicious cycle. A weaker dollar can exacerbate inflation by making imports more expensive, while higher yields can dampen economic growth, according to Fidelity Investments.
- This scenario aligns with the characteristics of stagflation, where you have both high inflation and slow or stagnant economic growth. The potential consequences include reduced purchasing power for consumers, job losses, and a challenging environment for policymakers.
In conclusion:
While a declining dollar and rising Treasury yields don’t automatically guarantee stagflation, they do raise red flags and indicate potential economic vulnerabilities. If these trends persist, they could create a difficult economic environment characterized by high inflation, slow growth, and potentially higher unemployment, notes Fidelity Investments.
Martin Armstrong
Natos a retirement home for neocons. He stays on track this time.
Long one, Europe has interest in this one with people asking if they should leave. Not just taxes, confiscating private assets, but the draft. NATO are also a catalyst for buying gold.
It’d be great if Silver took a run tonight
looks spicey
This might be the first day
where everything in the markets look wrong. Everything is down except rates. Bitcoin reversed lower with tech.
Right now, you’re in pm’s and believe it or not pm shares, or you’re losing money.
It will not end well if this continues.
Buygold Maddog Ferrett
With increases in borrowing cost I’m not sure if the recession is over and blue skys or it’s going to move to stagflation.
The rates up dollar down sign of upcoming stagflation. That’s not even a know for sure depending on how they react to it. So far per Maddogs find we see how the Fed is reacting.
Captain Hook
That video is hilarious. They summed it up in the beginning. Net zero, zero electricity, zero food, zero everything lol
Good listen about the real condition our condition is in …
… regarding hydrocarbons … and it’s not good.
Ignore at your own peril.
Have a nice day
Mr Copper
We have too many people that if you were at a store and you bill was 10.60 and you needed a couple of quarters so you gave dollars and dime they wouldn’t get it. But they would cut your slice of the pie half of what they sliced for themselves and hope you wouldn’t notice and they’re running countries.
The Program is Evident
WOAH ? Report shows that $70 million in US taxpayer money was given to the California NGO’s that are going after and shutting down family farms
Our tax dollars are being laundered to NGO’s and used to shut down our food system
“Congress is investigating the NGOs that shut down the 12 family farms — They also verified by the committee that they did not respond when they said, hey, why’d you do this? — And now they’re talking about that they might have to subpoena them because they’re not answering their questions.”
FWIW
I’m looking to see if Silver can make a new 6 week closing high (surpassing highs made on April 23 and April 25) of $33.65…….
Re Unaffordable Housing?
We can thank all the imported crap that started flooding the USA after 1970. Before 1970 there was a labor shortage because we made everything here, and wages outpaced inflation. By miles. You could quit your factory job and get a better one in a half hour. Also 10% down for a new American car loan and three years to pay it off. High school kids were buying new cars. The under 25 group were the biggest buyers.
Dissension at AG
@Mark_IKN
·
12h
Check out First Majestic’s $AG $FR.to AGM vote results??, the activist rebellion that started in 2024 got stronger
• Say on pay voted down (yok yok), 58.99% against
• Chair survived by skin of teeth, 50.44% (that wudda bin funny)
• One other director also targeted, 54.82%
Shouldn’t be recommended for anyone!
? #BREAKING: The Trump administration is NO LONGER recommending annual COVID vaccines for healthy & young people, per AP
FINALLY!
