You got to know when to fold them!

I sold them in 2011 at the top, paid taxes to Canada, paid double taxes to the USA, and after that double taxation pocketed over $850,000. I kept a residue in 2011 that are now worth about $200K, but this time, as I have stated here, IMO the shares are rigged by the Derivatives and ETF’s and Super Computers like BlackRock’s ALADDIN, using your own shares borrowed from your own broker to short your own purchases to keep the share prices supressed or contained….so this time IS different. This time IMO it’s time to hold physical silver and gold…

and know when to walk away and know when to run! SNG 

Smart move. Many sold around  2011 but land and other tangible assets was more plentiful and cheaper to buy then.

You got to know when to hold them! I did!

And lots more too, but never close to that price again. SNG

“driven by profit and strategic necessity,”

Like WWII, banks were financing both sides. JPM still have a foothold in Russia. Ready for ‘expansion’, no doubt.

How did you do that,? I didn’t see that. I was delayed in finishing writing by a call but that was strange. Well at least you posted it.

JPM didn’t move to China it expanded.

• Market Opening: China removed foreign ownership limits in financial sectors (like futures and securities), allowing full control.
• Massive Growth Potential: China’s huge economy and financial market offered substantial opportunities for revenue and client services.
• Regulatory Support: Chinese regulators were helpful in granting licenses, fostering financial development.
• Client Demand: Chinese companies going global needed cross-border services, and international investors sought access to China.
• Strategic Positioning: Full control in key areas (futures, securities, asset management) positioned JPM as a leader among foreign banks. 

• While tensions existed, JPM saw strategic value in staying and investing, viewing China as a critical, long-term market, even as operations evolved.
• The bank managed risks but remained committed, seeing opportunities in the growing domestic market and increasing global financial flows. 

Can they make piracy legal within a month?

gonna be up tonight anyway, it will be interesting to see what happens about 9:00 p. m. (est) when shanghai opens up for 2026.  export restrictions in place, no foreign customers….?  (they never had many)

Another point although he didn’t mention it when he talked about the US breaking up because it’s so polarized now ” imo since they put Obama in office’ that they will do just the opposite of what the other side is doing. Demos on state offices are still doing it. Newsom has driven out oil and their pipelines to cities over importing foreign oil. They’re leaving. That’s supposed to help climate change by importing it instead right. Idiots

IMO  If combined with these shortages of critical metals to multi industries running the economy,  including medical and defence and the demos and their appointed judges denying and blocking oil, gas and mining causing enough trouble as is it would be economic suicide if they were put back in power.

Sng I thought you would have posted it by now on Watch with Greg.

Armstrong said just like Blinken did with weaponizing the dollar during Biden  China is doing with silver. We know it’s all the metals though. Greg asked him if he would be selling. No way, said it could get some dips in any news on peace by those who bought because of war  ” I’ll add Russian metal  trade cut off too”  but shortages are real and they have around 60 percent of the new silver he mentioned. He’s bullish on gold, silver and platinum till 2030 and writing a report on it.  And now we heard they have even more control of the platinum plus we already know they have the majority of the rare earths and processing plants.

Perfect Storm for Debt, Economy, War, Gold & Silver – Martin Armstrong

Ag is already in serious deficit, with demand increasing, potentially massively thanks to the Solid State battery demand…..We have seen what they have done to Rare Earth Metals, useing the same restriction tactic, causing vast price increases……. so who in their right mind sells silver all day, non stop the day before, those restrictions kick in .

Total collapse on thin volume to finish the year.

Hopefully earnings and new pm investors will hit the ground running next week.

Some days aren’t worth showing up for.

Lol  The UN is a joke.

Waltz and Omar, If I didn’t have so much trouble writing on here I would of mentioned them too. That Waltz is a piece of work. I thought Muslims didn’t like swines. . Omar should have been reported already. Yes I agree and anyone else involved too, I wonder if Doge can help with this.

🙂

Re yr Somalia UN

I hope someone counted the spoons…….if there were any left.

WTF? Failed State Somalia to Assume Presidency of U.N. Security Council in January

The failed state of Somalia is set to assume the presidency of the United Nations Security Council in January.

Despite being a largely ceremonial role, it has nonetheless been hailed by diplomats as a major milestone in the country’s international standing.

For one month, Somalia will be tasked with steering the council’s routine business, including setting meeting agendas, chairing sessions, and overseeing debates on global peace and security.

While the presidency carries no real executive power, it does allow the holder to play host to discussions on some of the world’s most entrenched conflicts.

During its brief stint, Somalia is expected to highlight familiar UN priorities such as peacekeeping operations, counterterrorism initiatives, regional instability, and humanitarian crises linked to war and climate shocks like drought.

WTF? Failed State Somalia to Assume Presidency of U.N. Security Council in January

https://www.marketwatch.com/story/china-launches-its-silver-weapon-on-jan-1-heres-what-that-means-for-prices-5c543123?

Buying around so far….seems a few Trade people have seen the smash and realised they must buy some….to take advantage.

Plus the smash has not really worked, so far considering how O/b the mkts were……in days of old we would have been down way more.

Silver is unreal….just watched it rally a dollar in 10 minutes…..

It’s going to be awful easy to push things around this afternoon.