The USA had a magic era at that time, after WW2 and before the 71 severing the link with gold. Too bad they couldn’t have just left the money alone.
EVERYTHING
seems to be on Algorithm cruise control.
DJIA was down @1,100 pts., now only down @390.
Oil was up to @$77.50, now down to $74.75
10yr. yield was up to 4.11%, now down to @4.05%.
ipso facto @ 12:55
She probably didn’t mention the causes because she’s too young, only 51 and doesn’t know anything. I was in manufacturing right after high school in 1962.
I’m happy I saw so many great years until after 1971, it was all down hill with all the dumbass imports coming in to get inflation numbers lower but lowered the living standards of young people starting out.
I started getting happy for the end of the old 1913 system after 9/11 because I knew the old new world order (19113) was ending.
Buygold @ 1:20 “Silver getting crushed and it’s a blood bath”… Yeah, Casino’s do that! IMO they’re all rigged…..
But just to be sure I hadn’t been robbed I took a trip to the boonies to check my Physical stash….and was so relieved to find EVERY ounce was still there, Thank You LORD….and my kill trap was still set and operating smoothly… and no dead bodies laying around to stink up the place. It cost me a little gas but the peace of mind was worth it., Got Casino paper digits?….or real Silver and Gold!? ;o) SNG
Mr.Copper @ 12:32
You’re right. She didn’t go into the causes much. I think she was just pointing out how much ordinary Americans could benefit from the money that’s being used overseas, not to mention the lives lost.
ipso facto @ 9:24
She forgot to mention the percentage of Americans driving imported cars, probably 75%. And all the made in China TV sets and all the other stuff we used to make ourselves, and kept our money home. Everybody was happy in the 50s and 60s. Wives didn’t even have to work. Why didn’t she mention all the reasons why everything got so bad? Even a cave man knows it, why we are a poor nation now.
Buygold
Trumo is not ‘only’ trying to free Iranians from the horror they have had to live under for 47 years. By the way, the people of Iran are not bad people. They are celebrating around the U.S. and the world.
Their government funds, arms, and trains Hezbollah, Hamas, Houtis, and Taliban –four different countries.
Trump wants to eliminate the Iranian threat throughout the region, so he can start bringing home some of the 50,000 US troops stationed there, and start closing some of our many military bases in the region.
It’s not just about Iran. A more peaceful Middle East is in our best interest.
By the way, I am not blindly pro-Israel like so many are. But again, the Israeli people are not the problem.
They must be getting short of Mullahs…at this rate
Israel bombs Iran’s top mullahs as they count votes for next supreme leader
Buygold
We must differ …..on Iran…..and i bow to yr greater knowledge of the Neocons…..who I agree are a super menace.
But when I see how happy the Iranians are, now they have some hope…..this war may turn out different and for the better for all. i also know quite a few Iranians and they are all v nice people, who deserve far better.
Cheers
Buzzcut indeed
In the old days we’d get the talking heads that would come out and tell us that they were selling their pm’s and shares because they needed to raise liquidity. I’d say this is nothing more than a normal raid on war news intended to keep everyone away from gold as a safe haven.
We’ll come back.
Maddog
We haven’t fought a war for honorable reasons since WWII.
Why is it our responsibility to take care of “non-human” Iran any more than any other country with “non-human” practices like those countries in Africa that murder Christians for example. Honestly, I’d rather see us arm you native Brits and do regime change in the UK, than mess with this. That is more important to the US than Iran.
Are you familiar with the Project for the New American Century and the PNAC documents written by neocons like Paul Wolfowitz? It was written in the 90’s, that is the plan the US Gov’t. has carried out in the M.E. since 9/11. Iran is the last country who’s government we’ve sought to destabilize because Israel believes a destabilized M.E. makes them stronger, and their goal is to be the dominant power in the region.
That is the only thing this is about. Our gov’t. could care less whether they chop off the heads of children. We are not doing this on God’s behalf, if we were, we’d be in a lot of other places protecting His people.
Sorry brother, but we voted here for America first, ending wars, prosecuting the swamp, and taking care of Americans.
Maddog
Thanks
Ipsofacto
re options…..maybe…but I would say the action confirms a C wave down….C waves are very powerful waves…so we have speed and price all large….therefore poss C wave.
eyeballing silver…
very short term, looking at five minute candles, do i see a double bottom forming?
medium term, six month, one day candles, slow steady sweep from 40 to 80 on the bottoms.
Maddog
Sad day when the Mullahs took charge. Iran used to be (in the cities anyhow) a cosmopolitan place. Prosperous. Maybe will be again.
Let’s pray for a short war and minimum casualties and that a more reasonable gov is formed there.
Cheers
Maddog @ 10:02
Option machinations?
ipsofacto
It’s a tough one….when we ran the joint we took on stopping slavery….I see it as part of the job, when yr Top Dog.
Plus as I have said the gains could be massive.
Ipsofacto
Total OI for DEC 26 15 K and 20 K calls is @ 29 K evenly split
Maddog
I would never say that the Iranian regime is not reprehensible. Iran and the world will be better places with them gone, no doubt of that. I just ask if it’s our place, our responsibility to do it. There’s lots of unknowns in the equation.
I don’t think it’s a crazy idea to think that Trump may have been compromised somehow by the Israelis.
ipso facto
Re MTG
In Iran when a women is sentenced to death, the Guards have to rape her, the night before she is hung, to make sure she is not a virgin and can then never go to paradise……..they also rip the wombs out of prisoners before the bodies are given back to relations , so they cannot see the damage…..
These people are not human.
I’d say she is fighting the wrong fight…..and that the US is doing Gods work……
Impressive losses on the opening
Who thinks the PM Bull Market is over? If you raised your hand go sit in the corner with this stylish cone hat!
New Poll New Poll Vote Vote
Was the US attack on Iran the right thing to do?
Lets see if there is a rush to close the Upside gaps in OM shares……..some how I doubt it
Which says immediate opening gap closes are done by shorts.
