Loading ...He may have been referring to the idea that if loads of fraud is found, then running the government will be much cheaper, as it will not need to finance such a large debt pile…..as many projects/depts will close down.
They are working to a plan called Three, Three’s….3 % growth, getting budget deficit below 3 % and increasing oil production by 3 million barrels
Seems right that the local coin dealers would be looking at more sellers, especially in gold.
I noticed that golddealer.com is offering close to 2% under spot for gold eagles, while they’re offering spot for silver.
The dealers are still charging a hefty premium for silver though, which is odd.
The general public here in the US doesn’t seem to be involved in any major way just yet. I suspect most are out of money. I always thought the wealthier among us would come in and sweep out the inventory of these local dealers, but we’re not there yet either.
Maybe the Chinese public will ultimately do the heavy lifting.
I’ll say this though, with all the hoopla surrounding this latest move, it’s still been very orderly. We’ve not seen a 2% up move in gold that I can remember.
Looks like we have to revisit and battle for $2900, while silver still struggles with the $32 level. As exciting as the move in the large cap shares has been, we still haven’t pressed the most recent highs in the HUI despite gold up another $200.
Just like the Demonrats and their judges, the manipulating scum still makes their presence known.
Not what I expected to see this am after the strength last night.
They’ve got silver pinned down again, with gold only up a few bucks. Nothing horrible but was hoping we’d see that big run to $3K today.
Have to wait a little longer.
You both made good points. I think Trump is different than a real estate only. For one thing what do real estate agents like look for? Location Location Location Like beach front Hawaii which really messed up the locals with housing inflation. Or Fink resources in Ukraine which could also burden people of modest income.
Trump’s a builder who likes to improve the location and it’s economy. However like Ferrett says they’ve been there for 6000 years and have their own customs. If he were to build for the benefit of the people of Gaza he would have to consult with them. Their idea or architecture is much different than ours. Now if he’s thinking like the Hotels they put up along the beaches in Oahu after what Isreal did to their city’s which I’m sure many of their people are still buried under that concrete that would be rather arrogant. They would be destroyed. If they built them for the people of Gaza that might be different. They would have to have their own power, their own water maybe desalination plants, shipping ports, agriculture, and everything that goes with city’s and borders. Then if he wanted a few tourist hotels although tourist hotels? If he’s talking about just putting them somewhere else forget it.
He did open conversation that perhaps these neighboring countries should consider and get together and find a solution. These are people in dire need of help and all I can see is they are being used as cannon fodder on both sides and they call them a nuisance.
Ferrett, I see thank you.
According to YT’s Yankee Stacking. They are offering sellers less than melt. So it would be a good time to go haggle in coin shops. Bring in a few bars, when he says look, we got all these sellers, I have to shoot low on cash prices for the metals. Say great, put the bars in your pockets and turn the tables on him and say, since you have so many sellers, ditch some of the bars off on me at a good price.
It departs from Union Station in downtown. Winter Park is doing a huge development expansion soon, the City of Denver owns Winter Park. They’re sending a new gondola down to Frasier. I-70 is a mess. The two tunnel bores are leaking at the divide and are icier than ever this year. They’re also working on a huge construction project straitening out the bends down in Clear Creek. This is gold country. One of the biggest gold miners in CO looks like a gravel pit at the bottom of Floyd Hill and call themselves a “gravel pit” and they smartly sell the overburden (sand, gravel, road base etc) and keep the glitter. The highway traffic is so bad that I elected to not get a pass for the first time in 25 years living here, but the train is excellent. We just brokered a new deal with BNSF for track rights.
I ordered a few 2025 silver eagles on eBay today for upcoming graduation gifts. About $41 ea. including shipping is the going price there. I’m guessing they will be much higher come graduation time in a few months.
is that bullets fly and they don’t care. So even if I wanted to protect myself, random bullets are a threat and not worth it. If I was Jewish, I’d move the hell out of that crap. Too many religious morons, stuck in legalism. It’s never changing. Let’s hope they all kill each other.
but if, like the Israelis, you don’t want to move, then you build a seriously fortified fence to keep them out. Or in. No pretence at being friends or reconciliation. No trading or supplying food, water or energy. Now that’s an area the Don has expertise in.
It’s like having a 10-generation deep gang family living next door. It can’t be fixed. No one wants these people. It’s the pox. The only thing you can do is move.
He has totally messed up Gaza with his ethnic cleansing demands. His ignorance of tribal characteristics has lost him all respect. These people have lived there for 6,000 years or more, and they are not leaving. He’s shot his mouth off and he will never retrieve the situation.
With Ft Knox, if Elon finds it is empty he will want to refill it. Secretly, so no-one knows that it was never there. Gold is probably the only asset you could manage the secrecy ‘cos there is so much sleight of hand going on already. This would obviously keep pushing gold up to ATHs – wait …. what?
He says alot of things. He likes to catch people off guard, it’s called street fighting. People come at him with knives but he’ll just bust a gun on them. Don is not going to audit Ft. knox or do anything that jeopardizes the USD unless it’s a goner and can’t be saved in the next 3 years .The only way Ft knox is getting audited is if Elon goes in there and says yep this looks good and is legit and alot of bars are really there. Then Gold will fly. If it’s empty, no audit will be done and this crap gets swept under the rug is my guess.
“There could be a problem – you’ve been reading about that, with Treasuries and that could be an interesting problem.”
He added: “It could be that a lot of those things don’t count. In other words, that some of that stuff that we’re finding is very fraudulent, therefore maybe we have less debt than we thought.”
If he means that some of the Treasuries have been fraudulently issued, and I have no idea how that could be, and he’s going to cancel them, as they “don’t count”, then the integrity of US treasuries is shot and they will be dumped if Trump starts cancelling; as who would know if their debt was next?
More likely he’s just another real estate agent who has no idea about accounting matters. He should leave these announcements to the DOGE team.
Excuse my ignorance on the complexity of the bond market other than a few things but how would…. Just the hint of that would crash the bond market.
I don’t know what he meant and guessing could be wrong.
Well just hope it is viral and not lymphoma. If so hopefully they can find out what kind of viral. I had a nurse friend many years ago who had it and presented itself more serious initially and with due diligence she survived and went onto lead healthy life. Only concern is you mentioning something about working with nuclear or something. Generally it can cause other symptoms along with it besides a lump.
There is NEVER less debt than you think, or hope. In the US’ case, there is also c. $200tn of unfunded medicare and pension debt. If Trump is thinking that some of the debt has been issued fraudulently and can thus be revoked then he needs to think again. Just the hint of that would crash the bond market.
What there clearly are is a lot of fraudulent payments. Can DOGE put a halt to enough of them to balance the budget so that a rise in the debt ceiling is unnecessary?
I am not commenting on Chiefs or refs. Considering all the talk lately it’s just funny.
What a dream! Wish all past friends could see this!!!! My dad included
That dustbin is full isn’t it? 🙂
Gold rockin’ again early tonight but silver still lagging. No complaints though, we’ve had a really good run and could be on the verge of something explosive. I didn’t think I’d see it in my lifetime but seems there’s a chance.
I have a lump on my neck and had a biopsy a few weeks ago. Got a call from the Dr. who said it came back as Lymphoma. So, for a while there, I really didn’t think I’d see it. Fortunately, I had a PET Scan today and they found no cancer anywhere else on my body. They still have to do a core biopsy on my neck, but the chances increase that the initial biopsy misread the material and it’s just an infection. Even if it comes out as Lymphoma, it’s localized and much easier to treat.
It’s good to see gold finally get going, silver on deck?
London is going to have a rough start.
Possible financial chaos resulting from the corruption being discovered by Trump team can lead to court problems, Judges and clerks with nothing to do for fraudulent contracts involving contractors and proof. Clinton’s hired a lot of contractors. Thousands of them. Deep state is in deep sheet.
I got it via email so don’t know if it will go through
It’s in audio to be continued.
Seems like he’s reaching a bit, but who knows…..could happen.
I continued to watch the interview with this Kirk Elliot. He likes silver even more than gold, he’s predicting a ratio of 40-1 by year end. We’ve heard a lot of predictions, I don’t know if he’s another dustbin dweller, but these guys are thinking that Trump & Co. will be backing the dollar with some amount of gold and what’s happening is that the gold from London is being repatriated. They will also create this new US sovereign wealth fund and eliminate the debt somehow. They have two years to do all this, or the debt implodes, and we’re finished.
Who knows?
