The repeated desire of ECB President Christine Lagarde to centralize national gold reserves at the ECB vault is almost universally rejected by eurozone members. So much for the repeatedly touted integration of the euro system.
Need some help from the dollar
Pretty much tick for tick. What I don’t understand is why the strength pre market and then as soon as the SM opens everything gets dumped. The dollar hasn’t changed.
Talking about Fenbendazole
healthbot
@thehealthb0t
·
Feb 1
“Fenbendazole is not a dog dewormer”
Surprisingly good strength
Dollar and rates are up a little. Shanghai pm fix inched up over $100 to $100.46.
Hopefully the shares will keep hanging in there all day.
Businessmen are pragmatists
TheGladiator
@TheGladiatorHC
Ray Dalio calling for Gold to be the worlds new currency to replace the Fiat system.
“it’s the beginning of the end of the monetary system as we know it, which is why gold is being chosen by the central banks.”
For this to eventuate, Gold would need to trade at $20,000.
Goldie 17:45
Is this true? I couldn’t find anything else about the change in reporting except in Washington state.
I see that in Fla the gov is trying to declare gold and silver as money which would not require reporting.
Shanghai pushing back up $99.53
$8 higher than their yesterday’s pm fix.
Gotta go back to leading.
$5K down again
Starting to heat up after a slow start.
Miners
It seems they liked that silver held above 80.
Or the strength in gold.
Or both.
Flu type A going around Fwiw
Nausea vomiting including. Hydration important with proper fluids, vitamins yogurt, smoothies Popsicles apple juice watermelon coconut water or Pedialyte etc no fried foods especially for kids. Adults kids will feel miserable Dehydration and crashing without fluids nutrients could be a serious risk
Buygold @ 17:12
With the open interest (OI) on both CME Gold and Silver now in the extreme buy zone … you are right … they shouldn’t be able to do that again … especially if the Chinese don’t completely lose their minds here.
Silver Futures Volume & Open Interest – CME Group
I think today was a good day … and I am not counting out a c -wave down to finish off the correction in coming days.
In the old days we would have been talking years with such a trouncing … but now it’s weeks … because now Comex is nothing more than another physical delivery mechanism.
Everybody knows the cabal is finished because they no longer have the physical to play the fractional reserve game anymore.
They are down to rapidly dwindling reserves (because the sharks can smell blood) and can’t steal enough to make a difference for long.
Screwed themselves … it always happens with such hubris … like that of the Pharos, Emperors (Rome), and now the billionaires … each some two thousand years apart in terms of their dominance.
Cheers
Giustra plethora on gold globally and more
China that’s been accumulating.. that was obvious if eyes were opened. How much that’s something else. They want a sanction free trading now too.
Captain
Yeah, looked like Bitcoin was down for the count at one point. Will be interesting to see how much juice they’ll give it.
Oil had a nice day.
I’m wondering if these moves aren’t going to start getting more violent going forward. Gold was up nearly $300 today and it was a yawner. Hoping for that “V” bottom. It will take them twice as much energy to slam the metals again going forward. Maybe they just decided to join the party instead. Good day for the shares, want to see that continue, earnings coming up in a week or two.
goldielocks
That makes sense!
The ultimate short on Bitcoin
are puts on MSTR
Guess what
New regs on gold and silver reporting are changing this month. They’re expanding their who owns it data base.
Used to be 10k nope now 3K
Few things changed stackers should know.
Buygold @ 15:38
Looks like we witnessed a stick save in bitcon today … that could buy them a few months and a move up to 95 … maybe longer and higher … as we have five-waves complete on the weekly.
So PMs should enjoy one more rally too … we should know by week’s end if we get a V – bottom.
This next leg should be compressed in time … so it too could be complete as early as March (end?) … but it could go longer if the money printers attempt staying ahead of the curve longer … perhaps into late spring / early summer.
Michael Oliver says silver could be $300 to $500 by then.
All just guessing at this point of course … but the bitcon stick save today was very telling in terms of their intent to keep the wheels greased.
Yippi yi yo ki yay
Ipso
Billy’s court date.
goldielocks @ 15:31
I’m not sure what you’re referring to?
Surprisingly strong
Did not expect the shares to finish well, thought we’d see the same old drift lower to end the day. 20 minutes left to finish strong.
Ipso
I wonder if Hillary with that smile has some planned deal.
All Saylor’s purchases since September 2024 (twenty four) are under water.
Carnage in software markets, and in private credit AI related markets. So the legacy and the disruptor are both facing headwinds.
Israel confirms that all Hamas’ casualty figures in Gaza are correct.
Epstein files finally giving us what we wanted – heads on plates. Goodbye Mandelson, you traitor. Hello Clintons.
Governments continue to spend, spend, spend like a Lotto billionaire, but with new debt.
EU raid X’s office in Paris. What the eff do they expect to find in a regional office of an internet chat site?
Trump backs off Iran. Russia backs up Cuba. China backs up the tankers in Iran. Modi backs out of not buying Russian oil (if he was eveer in).
So much news!
Captain Hook
When giving out those GDP numbers in 23 Biden was in office. It just shows all our money going over the border is a black hole and will not get reimbursed or even get things like peace in Gaza done. Same for Ukraine. Gaza needs outside intervention as well as Ukraine to the point of needing a third party to take over because in both cases they historically hate each other and why you cant play games just mixing people when their religion and or culture and its survival are at odds.
The globalist in europe don’t just want slaves they want genocide of their own to get what they want and should of learned a lesson already that no good deed as they see it, they should be grateful right, goes unpunished and how ignorantly blind they are to that fact. Darwinism in motion.
I fear to count how many countries our tax dollars are going out of our country needed here every year like some sort of entitlement at the expense of our people.


