Rick Scott loses underdog bid for Senate majority leader, despite MAGA push
@aufeve, Things That Have To Happen, Eventually Do Happen.
And getting rid of all the politicians lawyers and idiots out of the White house eventually had to happen
Captain
The only thing I see stopping the SM would be if they just pulled the plug on it. Otherwise, it seems they can do whatever they want with it, whenever they want, much like the pm market. I’m hoping your boy Rafi Farber has it right about the repo market, that may be the only thing that can tank the dollar. Crazy town.
Goldielocks
Wow, wouldn’t Tulsi be great!
I would say ‘never happen’, but maybe we will see the day it could happen.
I’ve been waiting so long — to be in a world where things like that could happen.
But, truly, future and past don’t matter, aren’t real. Only this moment.
Now, if i can ever remember that …
Perceptions
IMHO, the only thing that has changed is the PERCEPTION that Trump is going to be able to fix the economy, and will be able to diminish, and/or eliminate the wars that are raging.
I think the economy is unrepairable, and the piper will have to be paid, before we can start to rebuild a more solid foundation.
Is a 10, 15, or 20% correction in the PM’s then warranted?????
@Captain Hook re your “gold could vex $2300 “
Originally I thought $2650 would be a bottom, now I don’t know. I remember the last time Trump got elected gold went down. Because of less worry about the economy. Also he said don’t worry about your guns, and my Smith & Wesson stock dropped because everybody stopped panic buying guns. Plus the idiot US Dollar fed note keeps climbing. Its up near prior resistance at 106 hopefully it will start dropping soon.
Buygold @ 13:15
Risk assets will have a tailwind during the Trump honeymoon, which will sputter out some time around the inauguration in January.
Then reality will become more important again.
PMs will become more important again.
In the meantime, gold could vex $2300 and silver $26 – the cost of production (again).
I did warn you.
Cheers
HUI still holding 285
But the dollar is just relentless. Funny how it never hurts the SM though.
Deer79 – one thing Dowd mentions is the complete manipulation of the SM and unfortunately how he thinks gold has topped for awhile. I gotta wonder where all the buyers went overnight in less than a week.
Bitcoin pegs $94,065.00 today
Siphoning off any progress we in the PM camp make for years now. Bitcoin is the biggest threat on earth, no way to control it, back by nothing, and fools that buy it at every dip. No way to short it. FML.
You want proof of blatant Pm manipulation……
How many times has a PM metal broken out of a bull formation and then suddenly reversed back into it, for no reason…..notice how Bitcrap has been ‘allowed’ to explode out of the bull flag and keep right on going……
Aufever
I don’t know why they’re only 3 choices. I do have a feeling with all the people who crossed party’s to vote for Trump and no all had enough trust to go straight ticket will be watching. I have a feeling the demos will be laying in wait for whomever it is to go into attack. Maybe that’s why people don’t want the job. Who ever it is had to be trusted to work with Trump but their own party needs to trust them too. I’d prefer someone like Tulsi.
Deet79
Third eye is testing the waters today with one of the GDX es I don’t remember which one because he knows a lot about Bitcoin now too and my couple PMs already hit a sell signal but what was going on with Bitcoin. He could be in and out of something fast though.too
Tom Petty
…..Freefalling…….
aurum
Currently, I don’t trust Scott. Very, very few politicians are worthy of trust.
But I will be open-minded about him. Especially if Trump supports him. Although we have seen that sometimes Trump has been wrong, or supported someone to expose them.
Ipso 11:10
I haven been watching my ipsocoin ETF but it’s up over 30 dollars a share. Thank you veddy much. I’m surprised third eye doesn’t have any but he’s killing it anyway. It’s raining money on him.
aufever
I remember meetings with our accountant. Many tax areas are gray areas. He would ask “How aggressive do you want to go?” My point is I imagine Medicare/Medicaid rules are rife with gray areas.
aurum
aurum
Now we all know the entire health care ‘industry’, a term I never understood being applied to health care, is based on fraud. That was probably different factions battling over turf. It’s all a scam perpetrated on an entire country. For a hundred years.
Maybe Scott is clean. But one rarely gets to such a position being clean.
Thank goodness things are FINALLY changing, being revealed. I believe that entire system, as is, is being and will be dismantled. And reborn.
@deer79 re your “Smells like someone is desperate for US dollars….”
How about all the countries that like to sell their crap to the USA? The stronger US Dollar gives Americans artificially cheaper prices for imported products. Maybe they want to sell as much as they can before Trump gets in, and puts a stop to and or tax on imported crap, that we can make here. Like it was here until 1970.
Before 1970 they were exporting US Dollars, spent by Americans, and redeeming them for our Gold at $34/oz. In 1971 the USA stopped that because the Gold was worth $140/oz. So after we cut them off, they started taking away our industries.
Note, China has a basically fixed exchange rate at around 7 yuan to $1 when it should be about 2 Yuan to $1.
USD versus others:
Is someone blowing up here????
The dollar goes from 105.78 t0 106.48 in the blink of an eye………Smells like someone is desperate for US dollars….
Ed Dowd yesterday…….
When they do, Trump is going to inherit a turd of a financial market crisis.
Government statistics will be updated, and it will show we started a recession sometime this year…
The incoming Trump Administration has to get out in front of the narrative. This was already baked into the cake. They just got handed fraudulent books. So, they are basically going to get blamed for what is coming.
Look when the CPI came out this morning. Gold popped $10 immediately, but then the algorithms (also using the almighty US $), brought it right back down……
Trump is inheriting a terrible economy and people in the know (Buffett, and others) know the true picture and are dumping their stocks……..why else would the FED be lowering interest rates in the face of an all time high Dow????
Genius Network by Joe Polish
It’s a good link. It automatically to me to the next video with RFK. He tells the story of his Uncle JFK during the Cuban Crisis and comparing Trump from resisting the neocons when there is a better solution to save lives instead of those lives meaning nothing and jumping into war. That how he’s handling the backlash of him leaving the democrat party even with his family. That he sees it like holding resentment as taking taking a poison hoping it kills someone else but just kills yourself.
I hope Trump got this appt. right, it’s an incredibly important post. Bring your broom John!
“Warrior For Truth & Honesty” – Trump Names John Ratcliffe As CIA Director
https://www.zerohedge.com/political/warrior-truth-honesty-trump-names-john-ratcliffe-cia-director
GFY “liberal elite” they don’t see bugs in their own future diet
Liberal Elite At UN Climate Conference Calls For Meat Tax
https://www.zerohedge.com/commodities/liberal-elite-un-climate-conference-calls-meat-tax
Aurum
We still have to get out of that cycle or recycling of having to choose the least of the worst when it comes to politics. People vite for change and they get nothing but worse off. This time people know with Trump they would be better off. Looks like they need more oversight with their campaign dollars including from the Rino’s that will sacrifice the ones we need who don’t fit in to their establishment uniparty if they really want change for the better.
