Loading ...It was 28K vs est. of 90K for PRIVATE Payrolls
All jobs +12K vs. 125K estimates.
Looks like .Gov is hiring a lot of people. Elon will have to handout a lot of pink slips.
As many of us have alluded to before
These numbers the government comes up with are simply machinations to manipulate everything.
I truly think that the Fed is being squeezed by the relentless selling of our debt ( as Buygold has clearly stated) and these numbers help to ease that pressure.
Jobs Report – had to do a double take
On CNN money page it shows the jobs report as -28, vs estimates of 90k. Never seen a non-1000’s number like that.
Whatever, working so far for the pm sector, that’s all that matters.
This would be a good pick for Trump
He owns tons of gold after his famous bond trading escapade. Closet goldbug as treasury secretary can’t hurt. I’d be disgusted if he picked Jamie Dimon.
‘All of these tax subsidies for solar, for wind, inefficient, uneconomic energy sources. Eliminate that,’ billionaire John Paulson told The Wall Street Journal.
Maybe the Russians are fertilizer and it’s hard to find the remnants of their DNA
and that’s why they not going back. It’s a loser situation for both sides and if Trump get elected we can figure out what to do. If the word salad jamaican indian gets in, just know it’s going to get easier for the Kremlin and the war will continue.
Whatever the numbers
they appear to be pleasing to all market participants, as everything has strengthened a bit. Maybe it was a negative number after all.
The big two are falling: The dollar and rates, has to be beauty to the Fed’s eyes to see the bond market rally a little. Considering the size of positioning in the futures markets for rates, it seems like bonds could see a pretty good short covering rally. Unless the big seller keeps dumping. Otherwise, I’ve got to think we’ve seen the highs in the dollar for at least a little while.
Oil up near 3%, above $71. The 10 yr. down almost 5 bips, dollar starting to crater in earnest. PM’s and shares bouncing, SM bouncing. Everyone should be happy, happy, happy unless they’re short.
They fired the first shot at G & S while I’m typing, so they may not let us rally too much today. We rarely rally on a jobs day anyway, so par for the course.
Taking a step towards rational processes
Boeing Bails On Diversity Division, Reverts To “A Merit-Based” System
https://www.zerohedge.com/political/boeing-bails-diversity-division-revrts-merit-based-system
EMX Options its Queensland Gold Projects to Mila Resources
https://ceo.ca/@newsfile/emx-options-its-queensland-gold-projects-to-mila-resources
NEW FOUND REPORTS POSITIVE PHASE II METALLURGICAL TEST RESULTS DEMONSTRATING 97% GOLD EXTRACTION AT ICEBERG AND ICEBERG EAST
https://ceo.ca/@newswire/new-found-reports-positive-phase-ii-metallurgical-test
Kore Announces Non-Brokered Private Placement
https://ceo.ca/@newsfile/kore-announces-non-brokered-private-placement
GoldHaven Enters into Definitive Agreement to Acquire BC Gold & Copper Assets
https://ceo.ca/@newsfile/goldhaven-enters-into-definitive-agreement-to-acquire
Eloro Resources Closes Non-Brokered Private Placement Offering of 4,200,000 units for Gross Proceeds of $3,780,000
https://ceo.ca/@globenewswire/eloro-resources-closes-non-brokered-private-placement
Excellon Announces Agreement to Acquire Mallay Mine in Transformative Transaction
https://ceo.ca/@newsfile/excellon-announces-agreement-to-acquire-mallay-mine
Hemlo Explorers Announces Closing of Non-Brokered Private Placement
https://ceo.ca/@globenewswire/hemlo-explorers-announces-closing-of-non-brokered-private
JZR Gold Provides Update on Vila Nova Gold Project
https://ceo.ca/@thenewswire/jzr-gold-provides-update-on-vila-nova-gold-project
Westgold Files New Technical Reports
https://ceo.ca/@newswire/westgold-files-new-technical-reports
Denarius Metals Closes Non-Brokered Private Placement of Units for Gross Proceeds of Approximately CA$4.6 Million
https://ceo.ca/@newsfile/denarius-metals-closes-non-brokered-private-placement
ONGold Announces OTC Trading Approval and DTC Eligibility
https://ceo.ca/@newsfile/ongold-announces-otc-trading-approval-and-dtc-eligibility
Eldorado Gold Reports Q3 2024 Financial and Operational Results; Tightens 2024 Operating Guidance
https://ceo.ca/@globenewswire/eldorado-gold-reports-q3-2024-financial-and-operational
Centerra Gold Reports Third Quarter 2024 Results; Consistent Operating Performance Drives Continued Strong Cash Flow From Operations
https://ceo.ca/@globenewswire/centerra-gold-reports-third-quarter-2024-results-consistent
American Creek Resources Announces Mailing of Meeting Materials and Receipt of Interim Order in Respect of Plan of Arrangement with Cunningham Mining
https://ceo.ca/@newsfile/american-creek-resources-announces-mailing-of-meeting
Sokoman Exploration Update – Trenching / Bulk Sampling / Drilling Moosehead Gold Project, Central Newfoundland
https://ceo.ca/@accesswire/sokoman-exploration-update-trenching-bulk-sampling
Cerro de Pasco Resources Commences Trading on OTCQB
https://ceo.ca/@globenewswire/cerro-de-pasco-resources-commences-trading-on-otcqb
NewOrigin Gold Receives Final Order for Arrangement with Harfang Exploration
https://ceo.ca/@newsfile/neworigin-gold-receives-final-order-for-arrangement
Vox Royalty Provides Development Updates on Western Australia Gold Royalty Assets
https://ceo.ca/@accesswire/vox-royalty-provides-development-updates-on-western
Bitterroot Resources Ltd. – Nighthawk Gold/Silver Project – Drill Permit Issued
https://ceo.ca/@accesswire/bitterroot-resources-ltd-nighthawk-goldsilver-project
Collective Mining Announces Closing of Concurrent Financings for Gross Proceeds of C$46.35 Million
https://ceo.ca/@newswire/collective-mining-announces-closing-of-concurrent-financings
ARIS MINING ANNOUNCES CLOSING OF US$450 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
https://ceo.ca/@newswire/aris-mining-announces-closing-of-us450-million-senior
Forte Minerals Completes Miscanthus Acquisition from Globetrotters Resource Group
https://ceo.ca/@accesswire/forte-minerals-completes-miscanthus-acquisition-from
Sitka Samples up to 67.9 g/t Gold from Surface Rock Samples and Drills Visible Gold at Its Recently Acquired Pukelman Intrusive Target at the RC Gold Project, Yukon
https://ceo.ca/@newsfile/sitka-samples-up-to-679-gt-gold-from-surface-rock
METALSOURCE MINING ANNOUNCES $1,500,000 PRIVATE PLACEMENT, WITH LEAD ORDER FROM ERIC SPROTT
https://ceo.ca/@globenewswire/metalsource-mining-announces-1500000-private-placement
Leocor Gold Advances Upcoming Drill Program At Prime Copper / Gold Exploration Project In Newfoundland
https://ceo.ca/@thenewswire/leocor-gold-advances-upcoming-drill-program-at-prime
Bold Ventures Receives Assays up to 16.3 gpt Au at its Wilcorp Property
https://ceo.ca/@newsfile/bold-ventures-receives-assays-up-to-163-gpt-au-at
Benton Continues to Drill Wide Intervals of Significant Gold at South Pond Extending Strike Length 600 m South
https://ceo.ca/@newsfile/benton-continues-to-drill-wide-intervals-of-significant
Euro Sun Mining and Glencore Enter into MOU for Concentrate Offtake
https://ceo.ca/@globenewswire/euro-sun-mining-and-glencore-enter-into-mou-for-concentrate
Metals Creek Drills 92.05 Meters of 2.12% Copper and 12.18 g/t Silver at the Tillex Copper Project
https://ceo.ca/@newsfile/metals-creek-drills-9205-meters-of-212-copper-and
Silver47 Announces Filing of Final Prospectus and TSXV Conditional Acceptance to List
https://ceo.ca/@newsfile/silver47-announces-filing-of-final-prospectus-and-tsxv
Tower Reports Exceptional Exploration Success on Its October Drilling Program at Rabbit North, Discovers the Faulted Western Half of the Lightning Zone and a New, More Strongly Mineralized Gold Zone, “Blue Sky”, 300 m to the North
https://ceo.ca/@newsfile/tower-reports-exceptional-exploration-success-on-its
Red Pine Discovers Significant Gold Mineralization in Faulted Extension of the Jubilee Shear on the Wawa Gold Project
https://ceo.ca/@globenewswire/red-pine-discovers-significant-gold-mineralization
Angus Gold Commences Fall Drilling Program on Dorset Gold Zone, Golden Sky Project, Wawa
https://ceo.ca/@globenewswire/angus-gold-commences-fall-drilling-program-on-dorset
Jobs Report today
The estimate is for only 90k jobs, that seems awful low for the last report before an election. ZH did put something out that said in certain quarters they thought there could be a negative print. Someone knows what it will be, just not me.
There’s also an ISM Services report 15 minutes after the SM open. That sometimes matters.
In the meantime, everything is bouncing a little. SM, PM’s, Oil up 2%, Bitcoin flat, dollar up a little and rates up a little to 4.292%. PM shares up a little as well.
Everything will probably change after the report though.
Good call from maddog and Deer79 for yesterday just being a last day of the month deal. Unless, things fall apart, it’s an excellent call.
The day after, are we ready.
Do we have a plan B. The first Amendment and the right to assembly.
Most here would agree with him. Pass it on. No one is having this discussion. We have to be pro active. Do we deserve to have our own country? We got to have a reboot plan.
The link on the bottom of the page.
Check me
Did they wipe out all the gains in platinum and half the gains in palladium just over the last couple of days?
If so, maybe we got off easy.
eeos 12:06, so in that case
why aren’t the Ukrainians sweeping the Russians out of the country? Because tanks are useless now. While the crews may survive a drone or anti-tank shell the tank won’t. We aren’t seeing any major tank battles simply because the drones are king on the battlefield, and the hypersonic missiles king in the long range attacks. Russia is winning all the territory, Pokrovsk will be the next to fall which means the whole of Donetsk will be for the taking. The sooner Ukraine sues for peace, the less they will lose.
We should make our own stuff
China Weaponizes Supply Chain, Sends America’s Largest Drone Maker Into Crisis
America’s largest drone company and supplier of unmanned aircraft to the Ukrainian Armed Forces has been thrown into a supply chain crisis after Beijing imposed sanctions, barring it from sourcing drone parts from Chinese suppliers, according to a new Financial Times report. This is another wake-up call for American companies heavily reliant on China, highlighting the urgent need to ‘friend-shore’ or ‘reshore’ critical supply chains away from the world’s second-largest economy.
Sources familiar with the situation told FT that Beijing imposed sanctions on Skydio to prevent it from sourcing battery components from Chinese firms.
On Wednseday, Skydio said the sanctions by China were “for selling drones to Taiwan, where our only customer today is the National Fire Agency.”
Skydio CEO Adam Bry met with US Deputy Secretary of State Kurt Campbell and senior White House officials last week to discuss the dire situation as the Chinese paralyzed part of the drone company’s supply chain.
“This is a clarifying moment for the drone industry,” Bry told customers in a letter obtained by FT. He said, “If there was ever any doubt, this action makes clear that the Chinese government will use supply chains as a weapon to advance their interests over ours.”
Buygold
Right and a majority house to keep the wicked witches away from Trump and our constitution.
You know they’ll go after Musk too. Any country would love to have him.
Video how money becomes worthless
The ways they suppress gold is fraudulent accounting. Greenspan admitted they’re suppressing the POG when he said the world central bank stand ready to lease out gold in quantity should the pog rise.
They also use bullion banks who buy and sell gold and can use the proceeds to buy bonds. That when they do the account sheet the use receivables and inventory as a one line item which is fraudulent accounting. So no one knows how much they actually own. Also since it’s in paper no one sees the phyzz moving. That the Fed Reserve is a Ponzi Scheme’ to prop up the dollar.
About 37.27 minutes in …
Goldie
Yeah, a lot of uncertainty. I know John Paulson is a big Trump guy. Hard to imagine the destruction Harris could do to the economy and country – really more like Obama 4.0
They will do everything they can if Trump gets in to undermine anything he does. He needs a red congress big time. Trump has some really big ideas on taxes and tariff’s, also heard he’d try to back the dollar with oil contracts. They need to get rid of the Fed to get rid of the Globalists. So much work to be done, but there will be so much obstruction.
Good to see the UK’s finances are in such good hands
Rachel Reeves ridiculed over boast she can ‘balance the books’
People who will sell.
Billionaire will pull his money from the stock market if Harris wins. Not the only one I watched. Another lost 600 employees in the world trade center. Money will leave America. Jobs will leave America. We just might go into a deflation. Not to mention another 20 million illegals eating our lunch. My daughter had to wait over 24 hours for surgery with open wounds as is with not enough good surgeons to go around as is.
Buygold
The PMs should be able to stay in a range for now although I worry about the election being rigged. From the comments of very wealthy people if Trump doesn’t win I fear the market will drop and possibly pull gold and or the shares down with it. They’re not gonna trust their money with that nitwit puppet who also has no soul and is playing dumb. She’s smart enough not to say what policy’s she’ll play because no one would vote for her so she’s playing dumb but people can see through her.
Even the Bible mentions these sociopaths who get in power. Seems rather easy to do if you have no soul. Just cooperate with satan. In the meantime it’s hard to keep the good ones because they just can’t be in the same place very long or at all. Who would want to gain wealth by causing someone else to lose theirs and even goes beyond that with these monsters alter egos to suffering and death.
Maddog, Deer79 – Looks like you guys are probably right
They got bonds under control. The dollar is flat because the Sterling is falling on its face, probably for the reasons Deer79 mentioned earlier, otherwise it would be down.
The scum has shown us that they are still capable of manufacturing a waterfall though. On the bright side, gold was due for a pullback and is no longer overbought, silver even less overbought and could bounce back from here at any time if they can hold $32.50.
The HUI is trying to hold the 320 level, although I have zero confidence that it will. It broke below its 50 dma today just as it has done every time in the last 4 months before moving on to new highs. Actually, the chart on the HUI looks perfect, and we may have seen the lows, or will see them in the next couple sessions. Unless the metals have a lot further to fall, it looks like a buy and may turn up before the metals. Slow stairstep higher that brings modest new highs. Hard to bank on pm share charts though, because the scum loves to terrorize them, and they seem so dependent on the SM.
It’s worth a look, almost textbook uptrend.
Little bit of short covering coming into GLD & SLV now, would like to see us close well off the lows. It could happen ya know. 🙂
FWIW…
Interesting commentary from this young lady – perhaps gives hope for the future?