That will be interesting to watch when they put guns in the hands of these migrants. Get out the popcorn.

Were going into stagflation..until next year when Europe is going into a depression, elimination of the Euro  for digital and war. Armstrong warns if you have any money in the EU get it out.

War next year,  their stock market could shut down. War will bring the interest rates up here despite stagflation. Armstrong computer doubts EU will last past 2030. So I guess that say Zelenski won’t have peace on behalf of the EU but we will with Russia. Putin even offered to build a tunnel to Alaska to help us process rare earths  All business or any money going into Ukraine from the US will be off the table including Larry Fink  per executive order.

Pretty incredible to me that the Supremos would rule against Trump on the Tariffs! Who’s running the country anyways? At times it looks like a bunch of lefty judges …

https://www.zerohedge.com/economics/these-are-europes-top-economies-projected-2026-gdp

30% and Falling: How the Supreme Court Tariff Ruling Forces Unprecedented Fed Money Printing!

Today, the markets are waking up to a scenario that could reshape American economic policy forever. Kalshi prediction markets now show just a 30% chance that the Supreme Court will rule in favor of Trump’s tariffs, down a staggering 26.9 points this week.

This isn’t just another legal case; it’s a potential catalyst for the most explosive monetary expansion in American history. If the Supreme Court strikes down tariffs as unconstitutional, it will eliminate the government’s primary tool for raising revenue without taxes, leaving only one alternative: massive money printing by the Federal Reserve.

The implications are staggering. A Supreme Court ruling against tariffs would force the government into a monetary policy corner with no escape route except currency debasement.

This creates a perfect “heads I win, tails you lose” scenario for precious metals investors. Either tariffs survive and create inflationary pressures, or they get struck down and force unprecedented money printing.

The Constitutional Crisis That Forces Change

The Supreme Court case represents more than a legal dispute; it’s a fundamental challenge to the executive branch’s ability to manage trade policy and government finances.

Trump’s tariff regime has generated hundreds of billions in revenue, providing a crucial funding source that allows the government to avoid raising taxes or cutting spending.

If the Court rules that these tariffs exceed constitutional authority, it doesn’t just eliminate a trade tool; it eliminates a massive revenue stream at the worst possible time.

The timing couldn’t be more precarious. With national debt exceeding $38 trillion and annual interest payments consuming over $1 trillion, the government is already operating at the edge of fiscal sustainability.

Tariff revenues have provided a critical buffer, allowing politicians to avoid the painful choices between tax increases and spending cuts.

A Supreme Court ruling that eliminates this revenue source would create an immediate fiscal crisis that demands an immediate response.

But way wrong. A peace deal with Ukraine and Russia is being presented. What if Russia and US and Ukraine get together with the help of Armstrong who understands what going on  was called. If China is reacting to that now as far as metals and rare earths which they want to control is the reason I don’t know. As far as Zekenski if he does not agree we pull out of NATO. Fink won’t be too happy..This is really good.

Armstrong Called In to Prevent WWIII – Martin Armstrong

The Chinese will win. He will lose his patience with them and do something else rash and provocative. Tariffs, export bans, import bans who knows, but the economic detente, which looked completely fake anyway, will be over.

Here is a reason we are well up…..this is super bullish for Silver and a nightmare for the shorts.

https://www.zerohedge.com/technology/china-introduces-new-exports-controls-antimony-tungsten-and-silver

it ends by saying

‘Until then, go long stocks of domestic miners that specialize in extracting and producing anything and everything that China feels like no longer exporting to the US.’

Which will cheer the shorts no end…….

Stranger things have happened.

Metals up comfortably at this early hour with the dollar and rates down a little. Even the dollar was due for a pause at some point. Rates are down as couple bips after being up 6 bips yesterday. Oil bouncing back above $60. Bitcoin giving up another 1%. SM futures flat.

I confess, I didn’t think we’d be moving higher. Gold back above $4K and silver staring down $49. Shares look healthy premarket, even AG bouncing back 3%. HL had good earnings.

I’m with Deer79, I’m not sure how the supply problems got fixed just because they moved metal from one warehouse to another. The question is whether the metals can move up above their 20 ema’s and stay there. They’ve managed not to breach their 50 dma’s and have definitely worked off the overbought conditions. The shares of course did drop below their 50 and entered bear market territory with a 20% correction – some stocks more than 20. That will need to get fixed.

Hope fully we’re near the end of a violent shaking and can move back up.

Classic Gold
https://www.railpictures.net/photo/889469/

I agree, it can be useful. Haven’t used chatgpt much, but the google AI returns more info at once which used to require several searches.
Since it seems to simply glean info from multiple sources at once, I do sometimes regret that the sites who actually did the research aren’t getting the credit, or the ‘hits’.
I am looking forward to when you are ready to call a bottom to this correction in g & s.

I agree with you, it is artificial which means fake. I have had didcussions with it and it gives out wrong info, and I have made it look like an idiot. For example I asked it how did the great depression end? He told me it was the spending for WW II. I told it he was wrong.

That in 1934 they banned the ownership of gold, they took it in at $19 and raised it to $34/oz. The leveraged that money up and THEN started preparing for war, WW II Korea Vietnam etc etc.

He acknowledged that I was right, so I asked him why didn’t you tell me the right answer first?  He said that he just told me the general explanation and that I was extremely knowledgeable.

I made that thing look like an idiot many times. You have to know how to questions to trick it. However I use it often to ask about why a stock is up or down 10%. And it goes thru all the info out there about the stock in fast time.

Its helpful to me often. Many times at the end of my question I add keep it short. Or at the beginning I add briefly, because it goes too far.

I can’t respond to or converse with an ‘intelligence’ that is not only artificial but just a slightly fancier google doing what it was programmed to do.

If I could, with all due respect to you, I would say to claim “silver prices are falling significantly” is nonsense or, worse, disinformation which by definition is intended to mislead. Silver prices are up roughly 60% this year and, even with a significant short term correction in progress, it is up about 2.5% in the quarter starting October 1. But you and everone here knows that.

Yes, I do understand that. I guess I just had my blinders on during my mini rant, and lose my patience from time to time with the endless manipulations. My bad…..

The 200dma will keep moving upwards if the POG stays where it is. In 100 (trading) days, 20 weeks or say the the end of March, the DMA will be about $3,800, or even a bit more. So the price can bumble along for a while, and then buying starts at a level not much less than it is now.

Here are the key reasons why First Majestic Silver Corp. (ticker: AG) is down about 10% today:

• Silver prices are falling significantly, which hurts silver-producer stocks strongly because their profitability is very exposed to metal prices. Nasdaq+2Finviz+2

• The company missed earnings expectations: Although it posted record revenue and production, EPS came in below consensus (~$0.07 vs ~$0.11) and revenue of ~$285.1 m missed ~$311.9 m. Investing.com

• Analyst sentiment is turning more cautious: there was a downgrade/target reduction from at least one analyst and more scrutiny on outlook given metal price risk. StocksToTrade+1

If you like, I can check for any company-specific event (e.g., operational delay, major contract/issues in Mexico) today that may also be contributing.

Re First Majestic….as bad as it is , it confirms we have serious shorts out there despite nearly $ 50 Silver, who else would smash such good results……

A long time ago I asked a Coffee trader if it was worth shorting Starbucks shares, when the price of Coffee went up big time…..he said the amount of Coffee in a cup, relative to all the other costs, was so negligible, the price rise meant zilch, to it’s profitability.

Silver use will not slow at these prices….for the same reasons, so little is actually in each product, well most thus the shorts are screwed, as demand will not slacken for many, many dollars 10’s of dollars yet.

… we have this little ditty …

And of course we all know how this will turn out in the end … especially if all the banks and brokers move south … which they are doing … if communism is so good why don’t they stay considering they are the ones installing it …

“Contrary To Human Nature”: VDH Reminds Us That Mamdani-Style Socialism Always Ends In Disaster | ZeroHedge

Wondering minds want to know!

Guffaw

Q3 rev up 95% yr/yr
Record silver production of 3.9 mil oz up 96% yr/yr
Average realized silver price of $39.03 per AgEq oz

Silver @48.00
Oh, that’s why their stock is down so much. Over 7% today.
Understandable, no?

Tks for that Silver Mines vs ETF article….what I also found interesting, was there was no mention of prices being v high even now…..when we are sitting just above the old all time Hi’s…….which would certainly have been in any article back in the 80’s and probably in 2011…

It was written as if higher prices are accepted….which of course on an inflation adjusted price, would be true.

MAGA ARMY
@MAGAARMY_
·
Oct 30

Commentary account
🚨 BREAKING: In a jaw-dropping development, DNI Tulsi Gabbard has confirmed an official probe into Anthony Fauci for perjury and his role in funding gain-of-function research at the Wuhan Institute of Virology, as part of efforts to uncover the origins of COVID-19.

https://x.com/MAGAARMY_/status/1983953180892557345

Thank you for sharing your latest post.

I apologize about my rant yesterday pertaining to Captain’s post, but these sort of gross inequalities don’t go away by supplying the LBMA with enough physical Silver on a temporary basis.

I understand that a correction was due in the metals, but when do the real truths behind these manipulations supersede the machinations of  the scum and their algorithms?????

Well it looks like Soros funded lib muzrat is gonna make NY into little England. Maybe England’s mayor can give him some of his huddled masses to make room for more All the criminal migrants will celebrate.They just got a get out of jail free card while Florida is gonna get more jobs and employers and NY unemployment numbers will be going up.  These dumb liberal woman and give mes who voted for him and free stuff at the expense of all the small business owners they expect to stay around.  They won’t get a no accountability card this time but will figure that out too late in the streets and subways when it gets worse than it already is. Woe to the remaining Christians and Jews.