Wow wonder who’s behind that.
Anyone held on to Comstock CRK It’s in the over bought range AGAIN.
Wow wonder who’s behind that.
Anyone held on to Comstock CRK It’s in the over bought range AGAIN.
although, I suspect it’s a meaningless Fed meeting and we’ll experience the same old. They’ll look for a way to smash pm’s after the announcement. Algo’s will be set to sell GLD and SLV as soon as the statement is read and then add to it as Powell speaks to the press.
Could get ugly too, because we have some holiday tomorrow called “Juneteenth”- I guess it’s also known as black appreciation month. Whatever. This country is run by lunatics.
They are not expected to cut, despite recent inflation numbers. The government needs rates back at zero to service the debt, but that would require the Fed to go full QE because the bond market is so weak – ain’t happening – especially with Trump as president.
Dollar is down a little this am, same with rates. SM up a little. Oil flat. Platinum is catching a bid. Most everything else is flattish.
There’s some eco data, but nothing likely to move the needle.
I’m sort of expecting silver to get bombed any time now. Maybe after the meeting.
Boring, I’m just waiting for the nukes to fly. Now that might be exciting. 🙂
Re banks in Iran,,,see my post below,they say the Iranian banks are being hacked.
Too bad you didn’t take a pole on Powell and the interest rate tomorrow 2 pm Est. He’s either a disaster in motion or another one waiting to happen. He couldn’t actually have caused these disasters based on his political views could he?
Israel and it’s leadership has been back stabbing their “Friends ” ( using that term loosely ) and Foes since it’s inception, in 1948.
And what are they gonna justify their taxes on? What have they done for the tax payer?
Theyre never gonna leave the Jews across the world alone or anyone for that matter as long as psycho Netanyaho is around. He isn’t gonna get over on Trump so easy trying to lure him in or hope he doesn’t. Psycho wants war so bad do it himself and put him out there and send Graham, Abrams and the other neos with him and do us a favor.
There seem to be enough videos of them to leave no doubt that they have them, and that there is no defence against them. If Trump attacks, how do the aircraft carriers make out? If you’re gonna have your facilities taken out in any case, why not go out in a blaze of glory by knocking off a couple of big prizes?
And if Russia was/is involved in their development and big US targets are taken out, how does that impact US attitudes towards the Ukraine war?
Meanwhile back at home household rates (property taxes) are set to rise because the city is built out and developer fees are leaving a AU$1bn hole in the budget. Maybe time to move a few hours west …..
BREAKING:
Major problems with accessing bank services in Iran.
Both ATMs and card readers aren’t working at many locations. Lots of bank offices are closed. Panic is starting to spread as people fear that they have lost their life savings.
https://www.zerohedge.com/markets/mali-places-barrick-golds-loulo-gounkoto-mine-state-control
How this benefits the Mali government is beyond me, as running a gold mine is definitely beyond them.
https://www.twz.com/air/major-u-s-middle-east-focused-buildup-confirmed
Go away for a few days and all hell kicks off……TA on oil is saying it could go way up……if recent action is a 2nd wave bull flag, an equal tgt is @ $ 155.00
YESÂ !!!!!
… to a country you live in …
Go local folks
Remove their power
They were reading your post HA!
Dog
A New Policy
@anewpolicyorg
? Breaking:
@anewpolicyorg
‘s sources tell us that a meeting yesterday between U.S. Ambassador Mike Huckabee and Israeli Prime Minister Netanyahu devolved into a shouting match over Netanyahu’s objections to U.S. plans to evacuate our citizens from Israel and the wider region.
U.S. officials believe that Netanyahu’s objection was predicated on his desire to hold U.S. citizens at risk in order to increase the likelihood of U.S. entry into Israel’s conflict with Iran.
Captain – yeah, Boeing is a mess. DEI destroys companies, government and culture. They hire the least qualified people with the worst attitudes and don’t hold them responsible because of their gender, skin color or whatever. This government has been the very definition of racist. Large corporations interwoven with government.
As for rates, I don’t know if they’ll defend the bond market. If they do, then they can delay rates for quite a while. Rates around the world are falling, so I’m anything but sure how that will play out.
HA! I should have just bought NFLX 10 years ago and gone to sleep, or NVDA and the rest.
Adog  – looks like the usual first hour or so games with the shares. The dollar is moving up on us, so I suspect either the shares will start to bid up with the metals or the metals will come back down to meet the shares. The strength of NEM is amazing lately.
Seem to be ignoring the metal’s move so far?
Dog
Septic cleaner
cow killer
Top Iranian military commander
I hope you’re rural amigo! Let’s hope we’re not going to start a new ice age … a nuclear winter type thing. Got food?