Dump the pm shares. Always a good play.
Just ridiculous.
Dump the pm shares. Always a good play.
Just ridiculous.
Israel Sent Iron Dome & Troops To UAE During Iran War: Amb. Huckabee Confirms
Gotta love the way it’s acted this week.
Thanks. I’m not sure what Rickards means.
Rickards connects the renewed focus on Public Law 63-43 to preparations for America’s 250th anniversary. He notes that executive actions issued earlier in President Trump’s term initiated both ceremonial planning and broader policy coordination across federal agencies.
He describes the anniversary as a point when symbolic leadership aligns with operational planning, creating conditions for coordinated federal action in areas such as infrastructure, production, and long-term economic direction.
You beat me to the punch. Just like yesterday, hopefully with the same ending.
What is law 63-43?
…in that the evil ones are using Gold as leverage to get Silver down….
Anyone think there’s anything to Jim Rickards touting the May 15th unleashing of public Law 63-43????
No freebies in this sector, while the QQQ’s just bounce right back looking to recover yesterdays’ losses.
Dollar continues a bit higher this am, while rates are flat. Oil now flat after being down over a buck.
ZH said yesterday that no foreigners want 10-year US Bonds at auction. Can’t imagine why.
Call the PM’s flat, pm shares drifting lower but nothing crazy yet.
Can probably expect a hit when the PPI comes out at 0830 EST. That just seems how they program these things.
As Tavi said, “can’t understand why they sell them when inflation is rising, when they should be doing the opposite.”
I have a list of different dealers but rarely bought single silver eagle but a few of specific or tubes when cheaper so I haven’t ordered at this one but with wire transfers you can get up to 10 eagles at spot at MintBuilder.
Ps Check this out. If you have Bitcoin you can buy them for 87.49 AFTER the first 10 at spot.
1 oz American Silver Eagle Coin – Random Year for Sale | Buy Online at Best Price | Free Shipping | MintBuilder https://share.google/c3gLMTlERDTP6BMRa
I said Bullionstar was selling silver eagles at spot. I missed the fine print. They added spot + 3.9% or about $12
Solly.
Al Jazeera correspondent Ali Hashem has listed the following five conditions that it sees as the basis for reentering talks:
Ending the war on all fronts, including Lebanon
Lifting all sanctions
Releasing frozen Iranian assets
Compensation for war damages and losses
Recognition of Iran’s sovereign rights over the Strait of Hormuz
Again, all this according to Tehran must be agreed to while at the same time Iran is pushing back against nuclear negotiations.
https://www.zerohedge.com/geopolitical/iran-specifies-5-demands-restart-peace-talks-us
Otavio (Tavi) Costa
@TaviCosta
What a remarkable reversal in the miners today.
Junior miners turned positive and the senior producers quickly followed.
It’s astonishing to see investors continue selling this industry after strong inflation data, when logically the response should be the exact opposite.
The Fed cannot repeat the 1970s playbook today without blowing up the most leveraged financial system in history.
Welcome to an unhinged inflationary era.
Game on.
that the inflation reports haven’t hurt us much lately?
Today CPI came in at 3.8% vs 3.3% last month. In-line with estimates but still a .5% increase over last month.
Dollar moved up like normal, but gold didn’t end badly, and silver was a rock star. Maybe the winds are going shift. We’ll test the theory tomorrow with PPI.
I know but think it does matter on GDX or the buyers and selling of gold. The gaps started to fill on thd way down but now that it’s getting more attention and more buyers it’s hard to say. The market is being held up right now, nothing’s normal. All they care about is the market and those companies attached at the hip to the government while the citizens of this country and others are treading water right now. They can’t afford things as it is and it’s expected to get worse. Like one man said the demos said it cost to much to spend a few billion on a wall but they can spend 450 billion on caring for illegals. California demos said oh they can just spend more money to build more houses for affordable homes but with their green regulations they won’t be cheap and all electric which won’t be cheap. The stock market doesn’t mean squat to all these people and they can’t afford to invest in it anyways. At the same time the middle class getting hit hard to the point they’d be better off with no assets beside their house and car cash or gold in hand so they’d be eligible to medical benefits others get who have never worked or that hard or that long. It’s crazy right now. They’re walking on a treadmill now getting no where with nothing to show for it. And now, oh gas could cost 9 dollars next. I think Dave Hunter was right. The market will start to shift from the way it is now to other things including the PMs.
That chart isn’t a stock, it is a ratio chart of GDX/GLD…..so gaps should not matter at all, or be relevant…..I was watching to see if the GDX closed it’s over night gap…which it did and then kept heading south, so it looked like we were headed for a down day…..then checked that ratio chart on it’s hourly and noticed it was close to that gap…then saw it fill it and start to reverse…..which made me interested in it…..
I shall keep watching it to see if it does similar…..cheers
There is a much bigger gap way down, that is worrying….but it could be filled at much higher prices…..or lower !!!!
Just crazy. A 70 pt. swing in the HUI. They must have seen a bunch of stops down around the gap and fleeced them.
A really good day because we didn’t need the QQQ’s to go positive.
Silver is going to $90 soon.
Trump’s ceasefire on life support.
Trump declares Iran ceasefire on ‘Life Support’ after rejecting counterproposal
I believe the metals long will continue to rise. That said gap plays are one thing but filling gaps can be good or a bad sign shorter term. Like notice on the way up it didn’t go back and fill the gaps till the high. It’s watching the normal pattern of a particular stock. Less volatile doesn’t like gaps and fills them on the way up . Charts with multi gaps says the particular stock or whole sector sometimes is volatile.
With this current mixed message market it’s harder to chart. It’s making it harder for shorts too. At least it’s about time the metals were taken more serious as a longer term investment.
How I traded yesterdays I think it was speculative up was trim some profits from stocks I added months back as it moved up and went negative in that sell off and moved up again yesterday past the price I bought them in the begining of the year like B and some others. Then could of bought them back again this morning but decided to wait and with other things going on and sleep in which isn’t hard when pre market trading that’s 3 hours ahead here is around 4 am and not worry about what it’s gonna do today.
Gap chart…..almost back to Unch…..just unreal….closed that gap by 1 tick literally…gap was 0.2181, low was 0.2180 !!!! Then straight up….
Screw the QQQ’s! Let’s go!
SILVER!!!!
Coming back a bit now. Sure glad I don’t try to trade this crazy market!
Well, at least we haven’t given back all of yesterday’s gains – except for gold – so far today. My account is still net positive on the week.
Maybe there’s something to maddog’s gap fill chart today.
Shi*! ![]()