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Looks like this panel just broke off. Perhaps in the pursuit of light weight and fuel saving Boeing is making their planes out of materials which just aren’t strong enough?
Boeing 737 With 139 Passengers Loses External Panel Mid-Air
https://www.zerohedge.com/markets/boeing-737-139-passengers-loses-external-panel-mid-air
Buygold
“Suddenly there’s over 516K contracts out there.”
Perhaps using the futures market to drive the cash market. When the disparity gets big enough the arbitragers do their thing to bring the prices together or apart to “normalize.”
Perhaps I should go back to charting the COT. I still get the report each Friday in my inbox. Just a matter of copying and pasting values into the spreadsheet.
I only have starter positions in the pm’s. As the correction went lower that I thought, there was a possibility my scenario was wrong so for risk reasons had to lighten. Of course, as usual, now I have to wait for correction wave down to add and hopefully that will go as expected so I can add.
aurum
Buygold
That reminds me one of the southern states elected a really young Gov with a good head on his shoulders. He’s going to claim imminent domain and by the land China bought there too and where did that money go and buy it back. Pretty soon we’re gonna have Xixi Ping city’s all over the US. I wonder if they’re waiting till after the elections to see who’s president. If it isn’t Trump he’s good to go, if it is maybe not yet and we gotta keep it that way even after Trump. Maybe De Santis by then. If it is Trump, he’s gonna be dealing with Mexico and probably the free trade deal I hope they don’t deserve at this point anyways.
Buygold
Deflation, yeah if what we hear is true. I know things can be interconnected but I really don’t care what’s going on in china right now. I think next year things are gonna be bad and probably be accumulating more phyzz starting before then and growing food. Hopefully Trump will get in and this time trust no one. He’s gonna be left a frigging disaster.
I wouldn’t put anything past this government either. People have to really watch who they elect and the governor in the state your in is just as important less they want their land sold off. The right people need to work together. Thank goodness your states governor is keeping all the Haitians coming in before they put their feet in the sand less they got rid of that rule of Press Carter letting them in and made some rule can’t remember the name about putting their feet in the sand they can stay. Then all these young girls and some really young went missing all over the place and think that’s what caused the stand your ground law.
Goldie
I don’t underestimate China, in fact, I’d be willing to bet a truckload of our leaders have sold their souls to China and are actively undermining our country in some effort to usher in a world communist government. I just didn’t know how China was experiencing deflation right now, if true.
Buygold
Don’t underestimate China. No one is speaking about the mass Chinese land grabs other then farming country. Don’t underestimate it also turning into industrial manufacturing like the did in Michigan in the middle of farm land.
Now Asia is outsourcing their manufacturing too, to Mexico. Friend sourcing. Taking advantage of Free Trade with the US.
There is a lot of work to save our jobs, our economy, our land and borders from the welfare and job hoarders. Covid which caused insourcing. A local hospital here mostly white majority American nurses in a white majority my Asian friend told me compared to a couple years ago are now gone with Covid mandated to foreign born nurses. She asked me what happened? I’m guessing they were coming from the Philippines but can’t say. About that time a couple of yrs ago 2 married Filipinos came from NY bragging on how they could buy a nice house here and a good paying job but complained too many white people. Ah maybe because this isn’t the Philippines. Telling people from all over the world to come here. No don’t come here. Not here to assimilate or realize this is a family city not party city like NY. Meanwhile she has bleached blond hair she would look like a white blond in her car then turn her head and wowa, white girls don’t have flat noses. If too many whites for her why is she trying to look like one? Oh and was looking for another job she didn’t have to touch the patients too much. Sounded like mandates worked out real well for them. School walk outs with mandates too caused a need for school nurses and I started getting calls over and over needing school nurses, starting a couple yrs ago but retired. It could also affect non nursing home care giving millions of Americans jobs or post retirement or second just many unfortunately need now across the country. Probably nursing home care too till they get experience and move into hospitals next. We’re going backwards again. Others benefiting on jobs coming their way while their welfare and criminals coming ours.
Buygold
Economy, I know what you mean. Meanwhile the clueless left still digging holes are sitting around thinking up more ideas. Maybe they can stop by shutting down that printing press and spending our tax dollars and put back Trump’s policy’s. They also need to seriously go after these people and wall street buying up and hoarding property’s. I was paying attention enough to notice it first started by rentals being brought up everywhere then displacing people by claiming remodeling with a pain job or whatever and policy changes including pets then raising rents. Then private or current rentals raised there’s too. Meanwhile they started buying up hoarding housing to rent. Pretty soon it was turning upside down and rentals even if the place has bad management or a dump was costing more than buying a house on low interest but way out priced. The move was almost strategic to ROB people and Blackrock was bragging about it and planned more after what happened next, fast rising interest rates putting buying a over priced house more difficult or impossible when the rates go down they’re going to buy more. . There’s hitting to be something in the books to go after these scumbags starting with costing them more in interests after the first one and continuing up and limit. . Also laws limiting how much they can buy and stop letting places like China buy things up. They also then can compete with American business because now if they start producing they don’t have export cost and hire their own people.
Did you hear about Tyson foods. They’re advertising for illegals to work for them and will help them finance there residency not to mention they get free healthcare and other perks at tax payer expense.
China, here’s some reasons including prices in imports going up due to inflation. They are also still paying for they’re real estate boom.
Wsj
Article on ZH
speculated that the banks have raided GLD and SLV for the metal – what little they had left there anyway. Also heard that Blackrock had taken a hefty stake in PSLV, likely to take convert to physical there as well.
Sinclair always said the banks would be long gold in the end.
What if the banks intend to take delivery of the gold at the Crimex? What would that look like? They added 25% of their total long positions at the Crimex in one week. Usually, they just sort of balance out whatever the funds are doing – that’s odd to me.
Seems either they intend to take all those long positions and dump them on the market to create a massive paper selloff or what??
Gold was pretty much flat on the week, which also seems odd given all the action in the futures market. Suddenly there’s over 516K contracts out there.
Maybe maddog or aurum or Capt. Hook or someone who really understands that market can shed some light?
The weirdest COT Report ever
Silver is pretty normal, funds add longs, banks add shorts.
Check out gold though. Especially look at the amount of shorts AND longs the banks added. Don’t know if the banks added longs to dump on the market or what their intent is, but they added more than I’ve ever seen before. No doubt they have something planned.
All gold has done the last few days is work off the overbought condition a little.
CFTC Commitments of Traders Report – CMX (Futures Only)
Goldie – rates
I don’t know what they’ll do with rates. The economy is falling apart IMHO. Housing is in freefall. They can try and stimulates with lower rates and they probably will, but inflation for necessities seems to be heating up. Lower rates will just spike inflation even more, especially if it weakens the dollar. Problem is that all fiat currencies of the west are losing purchasing power vs. necessities. Our economies built on zero % rates. I don’t see a way out of this mess.
What I read and is odd to me is that supposedly China is in deflation? I don’t understand that.
Maddog @ 14:54
Germany seems to want to re authorize their tyrannical systems of the past. Whoever ordered the girl to be intimidated should be booted out of any employment higher than picking up trash. I hope the Germans and other European countries wise up quickly or they are lost!
ipsofacto
Re Turdeau
That is a worrying phenominan ….similar is happening in Germany and it looks like Turdeau is regularly chosen by Schwab and co to enact their crazed ideas……as tester for other countries…..
‘German Police Pull a 16 Year-Old Girl out of Class and Tell Her to Stop Posting Smurf-Themed AfD-Friendly Content to TikTok’
Ipso
I think I discovered a new one. Multiple alter ego personality disorder. Remember where you heard it first. Now back to taxes. I think I’m not going to wait till the end of the year to write trades out all at once anymore even if I have slowed down. A friend of mine who’s husband retired from the IRS knows how to get money back from the IRS when they’re both retired. Something about taking more out, he handled that she doesn’t know. Go figure. Might be worth taking a class in that.
Ipso 13:29
Sarcasm only, multiple personality alter ego disorder
He does seem like he’s looking outside himself in relation to others like looking through a window while at the same time in his case appears to be lacking empathy or remorse but wont get into that list.
goldielocks @ 12:5
LOL!
Mystery?
Global cancer phenomenon: It’s not just America… the UK, Japan, South Africa and Australia are among dozens of countries suffering mystery spikes of all different kinds of tumors in young people
goldielocks @ 10:44
I think if a psychiatrist was to interview Trudeau they’d have some interesting clinical terms for him …. Batshit Crazy!
If any of the folks here follow Dr. Malone’s substack
Today he posts his usual memes ‘Friday Funnies’.
Near the bottom is an Aussie video called ‘Lefties losing it’ , and at the end of that is an embedded video of a leftie complaining about the ‘horrible’ things Trump will do if elected again .
Much of that segment would make a great promotional Trump ad for many folks in America , IMHO.
Buygold
I don’t know if they’ll drop the rates yet so figure the commodity’s will be tiptoeing it’s way forward and if there’s signs of repo trouble put tight stops at first IMO FWIW. Even at this point cutting rates and the current administration who will be getting they’re printing presses and tax plans ready vs business’s , price of food, energy and economy there’s more trouble ahead. So cuts might or not be good at first but then it’s going to result in up evil. I’ve seen two different young women on the news and now in a media call to stop this saying they have no quality of life and they can’t even afford to eat. They cut down even on pet food and one still didn’t have enough to pay the rent.
That’s one big thing stealing a big chunk of their money they could use for food and savings compared to a few years ago when it was half of what it is now, where they could have enough and have a emergency savings and pay into retirement because the gov gonna screw them over there too big time with the path their going with that too. No one is addressing these criminal ops in real estate, especially rentals.
Ipso 9:35
Besides a mega narcissist I wonder what a non biased psychologist would lable him. Is he trying to be just like his daddy.