Wondering if Powell is speaking. Course, we aren’t getting the pop we should be getting, exactly because he’s speaking.
Thems the rules if you want to own pm’s.
Wondering if Powell is speaking. Course, we aren’t getting the pop we should be getting, exactly because he’s speaking.
Thems the rules if you want to own pm’s.
Metals kind of tracking the dollar, but the shares still look like crap
Re JDAM
The Pallys would have lined up all 500 bodies and taken the BBC, NBC etc on a guided tour of every one of them…..This is a classic ploy of theirs, they commit an attrocity , Israel gets ready to clean house and then then Pallys are claiming the Israeli’s hit a school, kinder garden, old peoples home, hospital etc.
and the likes of the BBC, NBC, CNN are wailing for days…….
JDAM pic.twitter.com/A2nCwn7oaq
— The_Real_Fly (@The_Real_Fly) October 18, 2023
They’ll soon find out … it’s a tragedy for them!
Re Poland…the turnout was a major record and the Schwab/EU rent boy Tusk won…….I say that vote stinks……as do so many votes where the WEF candidate wins.
Meanwhile, the European Union ministers are meeting soon to discuss immigration plans on how to allow MORE fake refugees into the EU and distribute them around to different countries.
The new government in Poland will be changing the previous government's policy and accepting a… https://t.co/1VcoS7j8gR
— Wall Street Silver (@WallStreetSilv) October 19, 2023
I’ve never heard of any investors receiving that money. I expect the gov just kept it for itself. That’s doesn’t surprise me. ![]()
Hi Ipso,
Yep, their plan has worked perfectly – can’t have that pesky real money threaten their fiat.
Here’s a question – JPM was recently fined $900+ million.
Where does that money go? I can’t remember seeing anything at all about restitution to the victims of JPM’s crimes.
[snip] ….The JPMorgan case was part of a crackdown by federal prosecutors on illegal spoofing, where traders place bogus orders to move prices up or down and then quickly cancel them before they can be executed. Smith and Nowak used the technique to manipulate gold and silver prices from 2008 to 2016, or the entire duration of the period in which we said – and showed – that gold manipulation was rampant, for which were frequently mocked and ridiculed.
Convictions for Smith, Nowak and a third trader who was found guilty in November, Christopher Jordan, capped a string of wins by prosecutors in spoofing cases targeting some of Wall Street’s biggest banks, including Bank of America, Deutsche Bank AG and Morgan Stanley. Two former Deutsche Bank and two former Bank of America traders previously each received one-year sentences.
JPMorgan, the largest US bank and the biggest US financial criminal enterprise by far, agreed in 2020 to pay $920 million to settle the Justice Department’s allegations against it — the biggest fine by any financial institution accused of market manipulation since the 2008 global financial crisis.
Prosecutors also charged several members of the team Nowak led at JPMorgan. Three of them pleaded guilty and testified against Nowak and Smith. The witnesses described how Nowak and Smith routinely placed huge buy and sell orders they never intended to execute — part of their strategy to push prices in the direction that would profit the bank.
Christiaan Trunz, a former Smith protege and one of the traders who pleaded guilty and cooperated, told jurors that he learned to spoof by watching Nowak and Smith for years. When Trunz came under scrutiny for his own spoof trades, he said Nowak coached him to lie to compliance officials and later counseled him against pleading guilty as prosecutors were preparing criminal charges against top executives on the trading desk.
Trunz testified that Smith was so fast at placing and canceling bogus orders that his colleagues would joke that he needed to put ice on his fingers to cool them down.
“This was an open strategy on the desk,” said Trunz, who sat next to Smith and watched him click his computer mouse rapidly to place and cancel trades. “It wasn’t hidden.”
You can hardly blame mining investors from being gun shy. We’ve been hammered for so long that the expectation is that more hammering is on the way. For this reason a turn around is likely to be a drawn out process. But I could be wrong … I often am … ask the missus!
Cheers
Newmont CEO’s Statement on Pending Acquisition of Newcrest Achieving Legal Effectiveness in Australia
https://finance.yahoo.com/news/newmont-ceo-statement-pending-acquisition-204700779.html
North Peak Reports Work Programs at Prospect Mountain Support Interpretation of Deep-Seated Mineralization Below Historic Workings; Drilling Approval Received
https://finance.yahoo.com/news/north-peak-reports-programs-prospect-123000124.html
LEVIATHAN GOLD ANNOUNCES UPDATE ON SHARE CONSOLIDATION
https://finance.yahoo.com/news/leviathan-gold-announces-share-consolidation-203000800.html
Moneta Intersects 0.95 g/t Au over 105.87 m and 1.49 g/t Au over 81.70 m at Tower Gold
https://finance.yahoo.com/news/moneta-intersects-0-95-g-105000385.html
Snowline Gold Intersects 424.0 m of 1.4 Grams Per Tonne Gold from Surface Including 186.5 m of 1.9 Grams per Tonne Gold Adding new Mineralized Extension to Valley Target, Rogue Project, Yukon
https://finance.yahoo.com/news/snowline-gold-intersects-424-0-110000546.html
Labrador Gold Receives Permits to Drill Targets in the Gap and Kingsway South
https://finance.yahoo.com/news/labrador-gold-receives-permits-drill-113000020.html
Lion One Reports High-Grade Gold Results from Zone 2 at Tuvatu
https://finance.yahoo.com/news/lion-one-reports-high-grade-120000310.html
Metallic Minerals Completes 2023 Expansion Drill Program at Keno Silver Project in Yukon, Canada
https://ceo.ca/@accesswire/metallic-minerals-completes-2023-expansion-drill-program
Golden Shield Drills 7 m at 7.50 g/t Au and 15 m at 0.94 g/t Au from Reverse Circulation Drilling at the Marudi North Prospect
https://ceo.ca/@newswire/golden-shield-drills-7-m-at-750-gt-au-and-15-m-at
Sierra Metals Reports Third Quarter 2023 Production Results
https://ceo.ca/@businesswire/sierra-metals-reports-third-quarter-2023-production
Excellon Closes Sale of Oakley
https://ceo.ca/@newsfile/excellon-closes-sale-of-oakley
Ascot Intercepts More High-Grade Gold in the Prew Zone at the Premier Deposit
https://ceo.ca/@globenewswire/ascot-intercepts-more-high-grade-gold-in-the-prew-zone
Evergold Starts Drill Program at DEM Copper-Gold-Silver Prospect, B.C.
https://ceo.ca/@globenewswire/evergold-starts-drill-program-atdem-copper-gold-silver
Avino’s Q3 2023 Production Results
https://ceo.ca/@accesswire/avinos-q3-2023-production-results
Zonte Metals Defines the K6 Target Based on Soil Data and Prepares Target for Drilling
https://ceo.ca/@thenewswire/zonte-metals-defines-the-k6-target-based-on-soil-data
Trilogy Metals Provides an Update on the Ambler Access Project
https://ceo.ca/@newswire/trilogy-metals-provides-an-update-on-the-ambler-access
iMetal Resources Completes Digitally- Enhanced Prospecting and New Interpretation at the Kerrs Gold Project
https://ceo.ca/@accesswire/imetal-resources-completes-digitally-enhanced-prospecting-7cb00
Calibre Mining Announces Normal Course Issuer Bid
https://ceo.ca/@globenewswire/calibre-mining-announces-normal-course-issuer-bid
Arizona Metals Intercepts Gold-Zinc-Rich Sulphide Mineralization at its Kay Project Western Target
https://ceo.ca/@newswire/arizona-metals-intercepts-gold-zinc-rich-sulphide-mineralization
Carlyle Provides Phase 2 Drilling Strategy at Newton
https://ceo.ca/@newsfile/carlyle-provides-phase-2-drilling-strategy-at-newton
Tocvan Recon Sampling Returns New Surface Discovery at Pilar Gold – Silver Expansion
https://ceo.ca/@thenewswire/tocvan-recon-sampling-returns-new-surface-discovery
Centamin PLC Announces Quarterly Report
https://ceo.ca/@accesswire/centamin-plc-announces-quarterly-report-ef70e
Kiboko Gold Provides Corporate Update
https://ceo.ca/@businesswire/kiboko-gold-provides-corporate-update
Cerrado Gold Tender Process Oversubscribed with Two International Banks Selected to Act as Mandated Lead Arrangers for Export Credit Agency Supported Non-Recourse Project Financing for Its Monte Do Carmo Project in Brazil and its Mont Sorcier Project in Quebec
https://ceo.ca/@accesswire/cerrado-gold-tender-process-oversubscribed-with-two
could be. I’m not getting any good vibes from the action yesterday or this morning. Oil is back in the $86.50 range, from $89 early yesterday (WTI).
You could be right, maybe peace will break out and pm’s will go back to normal.
Powell is speaking today as well, so there’s that too. We don’t go up when he speaks generally.
but the 10 yr is still up 7 bips. Metals still flat, although inching up a bit.
Shares flat.
Having a hard time getting excited about this action after yesterday in the shares.
Don’t want war, but it’s coming anyway. Curious the Israeli’s are waiting. I suspect they are seeing things in the north and south that give them pause.
Apparently we lost our ambassador or embassy in Lebanon. Tells me our Naval fleet may be intending to bomb Hezbollah from the coast to assist Israel.
Metals look good but the shares are tied to the hip with the SM.
I think the shares were sat on ystydy , as they are trying to bear raid, stop the Gold rally…….What I hear comming out of Israel, is this
Israel must not give Hezbollah a preemptive blow.
– It is forbidden to occupy the strip.
– We were warned against harming civilians.
– Biden forced the introduction of “humanitarian aid”, and loosened the pressure of the blockade.
– The US will give $100 million in aid to the Strip.
– Six billion dollars to Iran were not frozen.
– The administration will continue to claim that there is “no direct evidence” of Iranian involvement in the attack, thus protecting the continuation of its disastrous policy in the IDF from American public opinion.
– The position of the United States is that the majority of Palestinians who voted for Hamas do not really support it.
– Biden reiterated his belief in the two-state solution.
On the other hand:
– We received a generous aid package (which will also deepen our military dependence on the Americans).
– Two aircraft carriers arrived in the area with the stated goal of preventing Hezbollah from attacking (but on the condition that we would not attack either. We agreed).
– “The cooperation was deepened” (that is, American representatives were screwed into our decision-making processes so that we do not decide anything that is not approved by them).
– We got a hug.
in brief:
Biden blocked any way to an unequivocal Israeli victory picture, something that would make it clear to our enemies that we are weak, and dependent on others. A historic visit indeed. He made an important contribution to tipping the balance of power in the region against us.
If this was to pan out then in theory we deescalate…for a while….hence the hit on PM’s and Oil…..Not sure anyone else will listen to such crap.
Our Globalist masters do not want peace, I understand Israel’s desire for vengeance.
The question is why does the US want war? This is Israel’s gig, not ours.
Guaranteed this will be a wider war. China and Russia will swoop in and pick up the pieces.
Preparations for IDF ground operation said to be complete…
10 yr approaching 5% @ 4.97%, Dollar flat though.
PM’s flat, dollar flat. Oil down a buck to $87
Not a ZH subscriber, but this would make total sense. Add to the this, there is a meeting involving 120 countries tomorrow for China/Russia belt and road initiative.
We may have found the culprit behind the historic blow out in US Treasury yields.
Yep. Like Pavlov’s Dog, shareholders have been conditioned to run at the first sign of resistance.
I probably would have run too, except I have already resigned myself to going down with the ship.
On Judgement Day – there will be a lot of explaining to do for the management of these companies
Think about it – the safest place in the world to store your PM is in a mine – it CANNOT be stolen without immense EFFORT!
See how their CRT is BS. Everything they do and say is BS. Globalism is BS. One big con game.When our borders are being over run and city’s on fire they have our law enforcement and military stand down. Not one of our military should be involved in either these wars and while any humanitarian efforts for citizens caught in the middle of this making it a genocide aren’t even given basic aid left to die.
Gerald Celente predicts a false flag on Ukraine to get the attention back on Ukraine .
More war and our money rolling out the door.
I hate it when that happens.
“how much damage all the woke shit’s done to the military”
I’m surprised that Joe’s modern army doesn’t have Dylan Mulvaney as a spokesperson!
I hear they’re having trouble getting enough recruits. In light of all the woke crap, CRT and the jab I’m surprised they get anyone.
Exactly. Foreigners are dumping bonds in droves because they know that at some point they’ll be the bagholders. The Fed will have to be the buyer of last resort. Our debt is unsustainable and will never be repaid.
I am one who doesn’t think Putin is the devil. Compared to our current government – RINO’s included – he seems pretty sane to me. I think most of the world has had enough of the west in general, but mostly the US, UK, France and the EU. They want war 24/7. To what end? Haven’t quite figured that out.
Truth is, Russia and China don’t have to do anything. We will collapse under our own weight. Bringing in all the migrants just expedited the process. Maybe the globalists think they can come in and reset and pick up the pieces, I don’t know. I do know that absolutely nothing we’re doing in this Biden (Obama) regime makes any sense.
Metals look good but the shares are tied to the hip with the SM.
Biden Admin Drafts $100 Billion Ukraine-Israel Foreign Aid Package
All I saw was a 4.1 which is nothing but things falling but by the time you get a report it’s already happened or happening. I don’t remember ever getting a quake alert before.
While the weak, woke comedy due of Biden and Blinken have been getting the brush off by Arab states, Putin has managed to speak to all of them and propose a cease fire and a road to permanent peace. Russia has also put a peace plan to the UN.
However, the UN Security Council failed to adopt Russia’s resolution on Monday, despite it receiving five votes in favour (China, Gabon, Mozambique, Russia, and the United Arab Emirates) and four against (France, Japan, the United Kingdom, and the United States), with six abstentions (Albania, Brazil, Ecuador, Ghana, Malta, and Switzerland). For a resolution to be adopted it needs at least nine votes in favour, with no permanent member opposing or casting a veto.
The draft resolution called for a humanitarian ceasefire, release of all hostages, aid access, and safe evacuation of civilians. The reason given by the US and its vassal states for opposing it was there was no direct condemnation of Hamas as terrorists – but no doubt the US’s main concern was to stop Russia and China taking the lead in ending this war.
The MSM seem very quiet about this. Yet again, they are trying to lead us down the garden path. We need peace, but the US only want’s it on their terms.