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Mr. Copper
I’m surprised the miners are holding any gains at all right now. They’ve taken silver back below $32 and SLV negative. We face the same problem that we’ve faced for a long time now and correlates with what Thomson says. There’s just not enough volume coming in to sustain a full day rally, much less anything beyond that.
The other thing is that gold has rallied again in the face of a stronger dollar and rising rates.
Hard to watch when I’ve watched TSLA go up almost every day since the election, 2, 3, 4% or more.
And then there’s Bitcoin, up over 4% today after taking a two-day rest. I don’t think we’d be up at all if not for the QQQ’s and Bitcoin being up so much.
I’m not sure we won’t give all these gains back tomorrow after the PPI numbers come out. That would be a typical scum play to close the week.
Captain
I used to absolutely hate the Jews. I blamed them for everything that happened to me in my financial life, I blamed them for the degradation of our country and culture. I thought they had way too much power for such a small minority of people. They control every industry from banking to Hollywood and media. I truly thought they were the Synagogue of Satan.
About a year and a half ago I was so miserable -and had been for 15-20 years- that I prayed daily for death. I could no longer kill the pain of my failures with booze and painkillers.
My wife had been going to church by herself but asked me to attend a study for couples. I felt bad that she would go by herself, so I went. Then grudgingly went the following Sunday when afterward my wife introduced me to the youth pastor. This 30 year old kid had the nuts to tell me that he “knew me.” I laughed at him and he said “oh, I know you.” I have literally broken every commandment. Every single one. He asked me to have coffee with him and I did. He told me his story. Turns out he actually did know me, at least through the way he lived his life. It resonated, I went back and the Lord shook me to my knees. Things started to change.
Why am I telling you all this? Because shortly after I met up with an old military teammate and we embarked on a serious Bible study. Not just us reading but doing 2-3 hours a day with Bible scholars, but one in particular, Chuck Missler. The world started to make sense. I had read the Bible before, but it confused me and didn’t make a lot of sense. But these studies are far different. I continue to do this daily 15 months later. I’ve been down every rabbit hole for the last 20 years, Rothschild banking, aliens, masonry, bloodlines, etc.
You said I needed to know one thing, I would counter and say that the beginning of understanding to what you’re saying lies in the first four verses of Genesis 6. When you understand that, and who the powers and principalities and the men of renown are, everything else will fall into place.
One manuscript comprised of 66 books by 40 different authors tells us the past, the present and the future.
May not make us any money in pm’s but it is all playing out in real time. Everything here is temporary.
Captain Hook
Can you please moderate yr attitude twds Jews…spelling the name as Joo says a little too much.
They have enough problems in this world, without this site adding to them.
Re Miners And Today’s Gains
We should have had gains like today, yesterday first, then today we would be doing even better. It seems like they knew about gold being even higher today, so held the miners back. Screw them, they can’t win anyway, because they already lost it long ago.
Bob put out a good article on Zionists …
… and what this means silver is worth … chuckle.
In a way he is right … everything is mispriced today.
I’m not sure silver is worth that much in perpetuity by any measure (it’s not – maybe in a hyperinflation) … but it wouldn’t take me that long to sell all my silver at that price … so I’m all for it.
Chuckle … snort
Good volume in GLD
at least in the first hour. Still not seeing great volume in the shares yet though. At least the ones I follow. Doesn’t really bode well as the day goes on but gold appears strong and maybe volume will pick up.
Captain – I will respond, just need to put my thoughts together because you bring up very important issues.
Buygold @ 10:13
That’s not important.
PM stocks have more downside going into January at a minimum with any luck.
I think stocks are at an important turning point going into January.
They have politicized the markets today. So, for public consumption, meaning to demonize Trump, expect stocks to roll over around inauguration time – late January or February. (Maybe before as it will look like the honeymoon was cut short.)
When the broad market rolls over the lack of liquidity in the sector can keep prices suppressed even with positive seasonality for a time. History says up to six months. But PM stocks are so hated here who knows this time.
That’s my story – and I’m sticking to it.
Chuckle
light a fire
Scoop: the world’s biggest gold mining company has cut nearly a dozen senior managers, including an executive, in a sweeping corporate overhaul.
The most important question today
Can the HUI close above 310. If so, then maybe we have a chance to keep rolling into the Fed meeting, unless they reverse everything tomorrow on the PPI numbers.
It’s all about silver right now. JMHO
Buygold @ 9:15
The only thing you need to understand about Trump is he is a fake joo … like the rest of the money grubber billionaires. It’s been like this for thousands of years. The only thing they really worship is money.
These types don’t care about anything but money and power – and they will do anything to get it – with lying and deceit at the top of the list. Crypto – no problem – it will get everyone use to the concept of ‘secure transactions’ while you lose your privacy and property rights. But they have to be clever about it. If they fail the trick is to not get hung.
So, they have to get rid of America because it stands in their way. The states are beginning to see they are not part of the formula and are fighting back. Let’s hope they are successful.
And it looks like the Euro dream is failing big time too. If you see the union break up it’s all over for the globalists.
That’s the biggest and most important thing going on right now – the failing Euro experiment.
A cold winter could go a long way to aiding this failure if energy prices surge – further exposing these commie C’s for what they really are – maroons – as Bugs Bunny would say.
Interesting times.
Cheers
deer79
I’m looking forward to seeing more acquisitions … and the bigger the premium the better!
If $14.60 is a normal price for gold in the ground then we may see more acquisitions soon …
( obviously other factors come into play, primarily how cheaply the gold can be mined, state of development, jurisdiction etc )
Maddog @ 8:49
That’s because accelerating inflation is good for the economy.
Didn’t you know that?
Where have you been?
These jokers are something else.
Chuckle
Aurum
Your a level headed and like many here a seasoned trader. I agree with not holding long any stock. I just trade for hobby now and don’t even watch them every day anymore. Some may have done well in solid equity or S&P index long but gave it back a few times. I know what you mean about hearing gold going through the roof. Pento doesn’t hold it long either and trades current phases. He doesn’t trade for the future where anything could happen but has good insight on why it could happen but stays open minded. I think he’s right about staying awake right .now.
He may explain why Armstrong said you’ll need gold in the future to live wouldn’t say why he said that
$2700
…..is the new “Play toy” for the 20 something year old programmers/traders to play their games with……
Ipso
Certainly nice to see a junior getting taken over by a larger miner. Hard to tell if it’s a “fair” price or not. Borealis’ news statement claims “an acquisition price of approximately $.60 per Gold Bull share (closed yesterday at .326) or a ratio of .93 Borealis shares for each Gold Bull share (Borealis closed at .65 Canadian, which works out to .46 in US dollars).
A premium, yes, but perhaps not so much……
maddog – copy that
I would hope the Chinese are back in. Hard to see any real movement before the Fed meeting but ya never know what they have planned.
CPI numbers were all in-line with expectations.
Aufever – Trump
I think Trump is a Zionist with regard to Israel’s right to their land and the defense thereof and he fully supports their defense. No idea if he is a mason. George Washington was a mason.
It seems the folks that told us there was no way Trump would be allowed to be president are now defaulting to Trump is part of the Globalist plan. Or worse, the anti-Christ.
There are a lot of factions within the Globalist party, I don’t think Trump is one of the “Luciferian, Globalist, pedophile” elite like most of them, nor do I believe he is one of them. Time will tell, and he has some proving to do. He has some good people surrounding him and believe it or not there are some decent people in the world.
I’d like to hear from the Captain whether he agrees with Rogers-Webb’s assertion that the American people are duped time after time because of their Judeo-Christian culture that began somehow began with the killing of animals.
It is possible to be right about financial things (as he is about stocks not being our property) and be a raving lunatic at the same time like Rogers-Webb. The need to be right and feel superior is a powerful drug. Pride is ruinous.
Physical metal in your possession would seem to be the solution to what he rightly asserts is happening in the financial system.
Pms
My posts explained how I have traded pm stocks. I have also invested in pms. We have physical gold that we have bought and held with a cost basis below 800. Now if you divide the gain over the decades it is not that great. But the physical is there and there is a good gain. I can’t think of any pm stock I would just buy and hold. I had thought that about NEM because of the dividend but now the yield is not competitive and the chart turned ugly. Glad I sold when I did. I know some like the big conglomerates to buy and hold. Russell was a fan of that idea. But so far it seems it has not worked. Nancy also invested that way.
aurum
Buygold
they tried to take out $ 2700…but so far have failed….no matter the No’s.
Lets see if the Chinese were buying o/n…that we never really backed off o/n. suggests they were indeed buyers.