
Going home alone
https://railpictures.net/photo/830478/
Stopped by the local Kona Costco and saw a 1 oz gold bar in the jewelry counter. Today only (12/28) Price $2,099.
A pullback is probably healthy here…hope we don’t go back below $2000……
FWIW, Saw mention of this on ZH…..
X users report that Walmart is the latest major retailer to offer a variety of gold products in its online store. This comes several months after membership-based wholesale retailer Costco began selling 1 oz. gold bars.
“Walmart is selling gold and silver. Are you awake yet? This is a financial change,” one X user said.
The pullback could be bigger than you think.
Bond yields and the dollar are about to have Fibonacci corrections higher.
Gold back below $2000 would destroy the retail crowd enthusiasm and set up the real deal next run higher.
Cheers all
Get more of the same drip lower action tomorrow ( last trading day of the year) that was smoke signaled to us yesterday with the poor action of PM stocks…..the criminals have to “mark” their shorts as low as possible
“Reparations money will help”
– Chicago Mayor ?? pic.twitter.com/4COFTYRxxF
— Wall Street Silver (@WallStreetSilv) December 28, 2023
seen VXX go from 12.50 to 60-70 in 3 weeks! That’s about a 500% move– I also remember a one day spike in the VIX of some 80 pts, if memory
serves me well….when vol gets this beaten down it tends to explode when it finally moves.
Precisely . The taxpayer is no longer represented .
But I think the worm is turning … ever so slightly .
The PTB hates Ron Paul with a passion! He won’t play their corrupt, venal games. What a cesspool DC is!
You bring up a very interesting topic. As a former equity options trader, implied volatility was
an extremely important gauge, when trying to discern if an option was perceived to be
undervalued or overvalued.
But by looking at a 5 year chart of the VXX, I understand why one would think that
volatility is not important anymore. I don’t know if that’s because hedge funds somehow
continually short the VXX and VIX (knowing that the FED will continue to implement
measures to perpetuate sky high values in the stock market). And its an election year,
so volatility will be completely squelched to maintain the perception that all is well.
I looked at the out of the money call options on VXX to try and get a sense as to how value
is perceived. You can buy a March 15, 2024 20 strike call on the VXX for just over $1. Sure that’s
some 25% out of the money, but if an imminent downside move is in the cards ( as many claim),
it’s certainly an affordable possible move that investors could make.
When he was in Congress , his office was the only one the K Street lobbyists avoided . It was known that their donations ( bribes ) would be refused .
When he retired , a constituent with a private aircraft offered to fly him back to TX. TSA type government thugs ‘inspected’ the aircraft for five hours before releasing it for take off . Those involved should be named publicly .
Does that sound familiar ? ? pic.twitter.com/0UyNYWuFLm
— Wall Street Silver (@WallStreetSilv) December 28, 2023
Ranchero Announces Proposed Disposition of the Santa Daniela Property for a Total Consideration of Up to US$5.05m
https://finance.yahoo.com/news/ranchero-announces-proposed-disposition-santa-143100619.html
Paramount Gold Nevada Closes $15 Million Financing With Sprott Streaming
https://finance.yahoo.com/news/paramount-gold-nevada-closes-15-120000199.html
Skeena Closes C$10.7 Million Flow-Through Financing
https://finance.yahoo.com/news/skeena-closes-c-10-7-211000103.html
NEVADA KING REVIEWS 2023 ACHIEVEMENTS AT ITS ATLANTA GOLD MINE PROJECT – DRILLS 50,000M, INCREASES LAND PACKAGE, AND CONFIRMS NEW GEOLOGICAL MODEL
https://finance.yahoo.com/news/nevada-king-reviews-2023-achievements-123000106.html
Osisko Announces TSX Approval to Renew Normal Course Issuer Bid
https://ceo.ca/@globenewswire/osisko-announces-tsx-approval-to-renew-normal-course-01804
Revival Gold 2023 Year in Review
https://ceo.ca/@globenewswire/revival-gold-2023-year-in-review
Goldshore Resources Provides Corporate Update and Equity Grant
https://ceo.ca/@newsfile/goldshore-resources-provides-corporate-update-and-equity
Blackrock Silver Annual Letter to Shareholders
https://ceo.ca/@newsfile/blackrock-silver-annual-letter-to-shareholders-1b6aa
Thunder Gold Acquires 100% Interest in Startrek Gold Property in Newfoundland
https://ceo.ca/@newsfile/thunder-gold-acquires-100-interest-in-startrek-gold
P2 Gold Upsizes Financing
https://ceo.ca/@newswire/p2-gold-upsizes-financing
1911 GOLD ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT LEAD BY ERIC SPROTT
https://ceo.ca/@newswire/1911-gold-announces-closing-of-non-brokered-private
An interesting video on te current state of things, how they are influenced.
Agreed.
These are dangerous times and we don’t have a lot of time to turn things around. Statesmanship seems to be seriously lacking … For the most part I am behind Trump … we’ll see what he does.
I cut him some slack on the vax issue. I agree that medical is not his strong suit, and he did what executives do; they rely upon their advisors to provide the information to make decisions. And who were his advisors? Fauci et al. ‘Nuff said.
As to the neocons, I think he knows where he went wrong. I don’t expect him to make similar mistakes again.
What a waste of resources! The whole zero carbon emissions thing is an impossible dream. I hate how complicated cars have become … all the electronic stuff that will eventually fail and cost you big bucks.
There are some troublesome aspects to the GDX chart. There are overlapping waves on the rally and lately the volume has fallen off. Of course that can be attributed to Holiday volume. And moves can begin with overlapping waves but still it gives pause. Nonetheless, even with another dip down it still looks like a bigger bull market. So I guess I will not try to trade the dip if it comes but buckle up and take the ride. Or maybe sell a few and rebuy.
aurum
The entire environmental EPA nonsense, solar windmills etc was no different than China’s new roads and bridges to nowhere. New shopping malls with no one there, new empty apartment buildings. And our poor cars are chock full of unneeded expensive electronics parts, welfare.