Starmer’s Resignation ‘Unites Us All’: Russia’s Top Negotiator Celebrates
Buygold
….and the 10 yr. yield just, magically, sits there……._Can’t have that going up!!!
Mkt ain’t listening !!!!
Gold Is the Nuclear Option for a $127 Trillion Debt Crisis
https://www.zerohedge.com/news/2026-06-23/gold-nuclear-option-127-trillion-debt-crisis
Silver breaks $60
on its way back to $30. Gold soon to break $4K, on its way back to $2500
Oil breaks $72.
Dollar rips higher, it is king.
HUI will make new lows.
The crap show continues unabated.
Ai verses robots
Top capitalist using technology simply for profit is a sort of weaponizing it against the very humanity that they make their money.
In mid-June 2026, a Tesla allegedly operating on an automated system crashed into a home in Texas, killing a 76-year-old woman inside.
Why dont these cars have a better way to over ride the automation when quick action is needed? Yet Uber and Lyft dont require a driver present in these automated cars for safety of the passengers for a plethora of reasons.
Ferrett
First Industrial Revolution. In 19th-century England, skilled textile artisans known as the Luddites rioted and smashed machines. Their opposition wasn’t entirely about hating progress; it was rooted in the fact that industrialists used automation to depress wages, lower product quality, and strip away workers’ autonomy.
The previous wave of automation in car factories replaced heavily repetitive physical tasks. Today’s AI expansion threatens white-collar, judgment-based, and creative work, creating a whole new demographic of workers who feel suddenly vulnerable.
The financial rewards of automation enriching capitalists rather than being shared with the labor force that implements it.
Even if new jobs eventually emerge, automation often creates a painful gap where a massive chunk of experienced workers lose their livelihoods.
In many fields, employees do not fear robots automating tedious or dangerous tasks; they fear being forced to compete with, or be subservient to, machines that lack human judgment and adaptability.
Historical protests were rarely about stopping technology completely. They were a form of collective bargaining that forced society to address the human cost of progress, often resulting in legal labor laws, minimum wages, standard working conditions, and safety nets.
To protest is insanity. I’m not familiar with the field of work you are in but perhaps people can
personalize and reflect a empathetic argument explaining how AI and robotics could or are impacting their specific field today.
ipso 22:54, but it has always been thus,
ever since Ugg tied a wooden spade behind his ox.
All the welding and paint spraying is done in the car factory by computer. Why the outrage now? Or, outrage didn’t work before, so expecting it to work now is insanity.
I wonder if that’s going to be the new sales pitch.
Offering only a limited amount of shares of a stock.
Probably not a good time to talk about this less we about hit bottom
Barrick Mining is preparing a highly anticipated initial public offering (IPO) for its North American gold assets, which include its lucrative mines in Nevada and the Dominican Republic. The spin-off company will hold a minority stake with a primary listing on the New York Stock Exchange (NYSE)
The upcoming public offering includes the following specific details:
- Target Date: Barrick is aiming to complete the IPO later in 2026. [1]
- Asset Portfolio: The newly formed unit, known as North American Barrick, will consist of mines in Nevada (including Nevada Gold Mines, operated jointly with Newmont), the Pueblo Viejo mine in the Dominican Republic, and the 100%-owned Fourmile project in Nevada. [
- Deal Structure: Barrick intends to sell a minority stake (approximately 10% to 15%) in the new entity, while retaining a significant majority controlling interest.
- Leadership: Mark Hill has been appointed as the President and CEO of the new North American entity, which will also feature a fully dedicated executive team. [1]
- Advisors: Barrick has tapped Goldman Sachs alongside M. Klein & Co. to guide the IPO, which could potentially value the North American assets at over $60 billion.
Portents
GM replaces more than 1,000 workers with just 50 robots at flagship Detroit factory as furious union blasts move: ‘We’re disgusted’
https://www.dailymail.com/yourmoney/article-15923057/gm-replaces-workers-robots-detroit-factory.html
Ipso
Since industrials won’t be circulated like retail and once it’s gone it’s gone at what point in the future will that end.
goldielocks
“I wonder how much the rare earths and PMs are being bought by industrials never to be seen or recycled again and central banks right now?”
Got to be some. Hard for us peons to know how much.
Cheers
Mr Copper
The nearer future will have better prospects than others. Declining population due to having less kids will be everywhere except parts of mid east and Africa. These so called advanced states instead of limited vetted immigration and making it family friendly as safe economically and politically they just chose immigration. Look up world population by 2021. By then even the Chinese population will have peaked and will decline significantly while Africa population is growing since expansion if modern medicine and industrial nations. Back in the 1650s when the population of the guidestones it only represented about 15 percent of I remember.
Think Europe has unmanaged unvetted mass immigration now, wait till 2021. Again instead of family planning and raising tax payers they let in tax absorbers, crime and non assimilating invaders with their own agenda currently.
Some US states the young may have more opportunities by 2030 as the last of the boomers retire while a handful of others will see increased migration to their states and cities and being priced out of housing will only get worse.
The U.S. population is projected to reach approximately 344 to 349 million people by 2030. This represents a significant slowing of growth, driven by falling birth rates and shifting immigration levels.
Key demographic milestones expected by 2030 include:
- The “Graying” of America: By 2030, all baby boomers will be 65 or older, meaning more than 20% of the population will be in retirement age.
- Primary Growth Driver: Starting around 2030, annual deaths are projected to outpace natural births. Consequently, immigration will overtake natural increase as the main driver of U.S. population growth.
The U.S. Census Bureau provides official national demographic estimates and historical data used to track this growth. Additionally, non-partisan groups like the Congressional Budget Office regularly update detailed demographic outlooks based on immigration and fertility trends.
The projected population for the United States in 2030 is approximately 349.6 million.
The top five most populous states are projected to be California (~40.3 million), Texas (~33.9 million), Florida (~25.3 million), New York (~19.6 million), and Pennsylvania (~13.2 million).
Projections indicate an overall U.S. population growth, primarily driven by international migration, with a continued demographic shift toward the South and Mountain West. The population totals by state for 2030 are as follows:
- California: 40,371,905
- Texas: 33,953,682
- Florida: 25,340,931
- New York: 19,661,940
- Pennsylvania: 13,219,514
- Illinois: 12,554,615
- Ohio: 11,946,012
- Georgia: 11,842,355
- North Carolina: 11,723,465
- Michigan: 10,260,476
- New Jersey: 9,603,043
- Virginia: 9,106,039
- Washington: 8,368,938
- Arizona: 8,058,952
- Massachusetts: 7,299,301
- Tennessee: 7,590,861
- Indiana: 7,084,058
- Maryland: 6,419,864
- Missouri: 6,343,328
- Colorado: 6,355,831
- Wisconsin: 6,027,048
- Minnesota: 5,971,043
- South Carolina: 5,882,796
- Alabama: 5,320,630
- Kentucky: 4,677,728
- Louisiana: 4,663,822
- Oregon: 4,395,387
- Oklahoma: 4,313,502
- Utah: 3,805,418
- Connecticut: 3,669,635
- Nevada: 3,481,097
- Iowa: 3,337,264
- Arkansas: 3,188,322
- Kansas: 3,022,790
- Mississippi: 2,974,284
- Nebraska: 2,091,411
- Idaho: 2,134,619
- New Mexico: 2,149,754
- West Virginia: 1,746,302
- Hawaii: 1,517,281
- Maine: 1,421,300
- New Hampshire: 1,415,872
- Montana: 1,194,135
- Delaware: 1,108,483
- Rhode Island:
Ipso
Another H&S playing out. Maybe short term maybe not. I wonder how much the rare earths and PMs are being bought by industrials never to be seen or recycled again and central banks right now?
NASDAQ down 579 pts today. I’m sure that didn’t help us!
Are the animal spirits fleeing the markets?
Mr.Copper @ 15:0
Thanks for your views. 🙂
Buygold
Right, collapse insurance. But we can add when the banks hold your cash hostage insurance now.
Maddog
Yeah, I’m waiting for the move too. I’ve been waiting for 25 years. We get a year of strength and then right back in the tank. Would be fine if it happened every couple years but it happens every 10 years.
I think it’s just collapse insurance. The shares aren’t anything but money pits. Exhausting.
Buygold
I have no proof of this at all, other than mkt observation….I think we have large shorts in PM shares vs the metal, we have large shorts on PM shares and those positions are being added to as protection, through out the day, to keep the mkt looking lousy and to depress sentiment.
The chart below shows how the mkt attempted to break out to the upside, but was too extended to carry, the action I see since is the mkt building the power to take that top line of resistance out and then attack the Highs……
I am waiting the move…..
ipso facto @ 14:48
Re the US Civil war the north won. Re the Vietnam War the north won. Re South Korea? I hope North Korea some day wins and takes it over. All they do is make cheap stuff that we import and it puts Americans out of work. China is the next big pig at the trough gobbling up all our US Dollars and building up the defenses and raising their peoples living standards, as ours go down. .
Societal Suicide
Bull Theory
@BullTheoryio
🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS.
And this is one of the major reasons behind today’s massive selloff in the Korean market, now being called BLACK TUESDAY in Korea.
At a forum hosted by South Korea’s ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold.
Mr Copper
Have you asked Grok…they are making it hard for me to get signed up…..
Our shares suck 90% of the time
The sector sucks period.
According to Chat GPT we suck because of 4.5% rates and pm’s don’t pay interest. Well neither do these effing shares, regardless of profits.
They trade these like gold is going to $3k and silver $40. They probably will. What’s to stop the selling?
I’m back to wishing I had dumped everything back in February. What garbage.
When I’m at this point they might bounce for a day or two, before heading straight back down.
Maddog
To tell you the truth I’d be happy just seeing him in prison for 20 years or so.
Too bad any real punishment is unlikely.