He’s bluffing. The dollar is screaming higher and despite the scum’s best efforts we are fighting them off.

He’s bluffing. The dollar is screaming higher and despite the scum’s best efforts we are fighting them off.

I’m sure it’s a good move. Who would know better than the insiders!
To see how the pm’s react to the Fed. Maybe more importantly is what Powell says, if they are ending QT, if he sees inflation moderating. In other words-dovish. It would be a change for him.
I got this in a email today from a reliable source.
Palantir’s Alex Karp has lined up nearly $2 billion in stock sales. Nvidia’s Jensen Huang has already sold around $40 million of his own shares, and plans to liquidate another $800 million.
NVDA’s market cap now equals 16% of the US GDP
Communication from Eric King to Mark Lundeen:
Mark, King World News has been featuring the attached image over and over again of the XAU vs Gold. Because when you look at the XAU chart, it appears that gold stocks have had some type of incredible run, which is patently false when measured vs Gold (see attached chart). Yes, they have risen, in some cases quite dramatically, but vs Gold, the entire complex remains at the most historically undervalued level or range ever seen in history.
Are we bottoming?
Yes I know that’s an unfair question! 🙂
The Kobeissi Letter
@KobeissiLetter
Recent Layoff Announcements:
1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees
3. Intel: 24,000 employees
4. Nestle: 16,000 employees
5. Accenture: 11,000 employees
6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees
8. Microsoft: 7,000 employees
9. PwC: 5,600 employees
10. Salesforce: 4,000 employees
11. Paramount: 2,000 employees
12. Target: 1,800 employees
13. Kroger: 1,000 employees
14. Applied Materials: 1,444 employees
15. Meta: 600 employees
The labor market is clearly weakening.
Senate Judiciary Launches Probe Into Gates Foundation’s Alleged Funding Of Chinese Military Fronts
I think you’re right. There’s nothing really working against pm’s right now other than the paper players.
The timing for them was good before a Fed meeting, and the fact that we were so overbought. They temporarily brought in enough physical silver at the LBMA to pull it off I guess, but demand should still be strong, and if you wanted silver at $54, you’d surely want it at $48.
I wonder if there is any available silver in India yet. Doesn’t seem like supply problems get solved overnight like that.
If the Fed cuts 25 basis points ( and leans slightly dovish), it will give us a good tailwind.
Exactly why the correction was so quick and violent; the scum knew what was going to happen this week, and wanted the metals to be climbing out of a hole instead of launching higher from the $4200/4300 range.
Despite the dollar and rates being a little higher. Was just about that time I guess.
Shares look strong premarket.
Everything could change after the Fed speaks this afternoon.
May the bounce back be every bit as violent as the selloff!! 🙂
You know they’re up to no good and rotten to the core.
This makes it to easy for him with no qualified citizen running. Qualified would no longer waist their time on this leftist group is the problem. They’re going to have to crash and burn no matter who wins, just a matter of how bad.
First thing that comes to mind is check with Edgar or sec filings. If the average citizen is piling in to to index funds but the companies they track are selling are the company insiders selling their shares into the buying? Who’s selling and why. Would you put it past them to be sneaky?
If anyone needs to be isolated in Europe and UK it’s the invaders. Not worth talking to just get them out. They’re sending their worst.
They just up and said it in this protest. They really believe they are being invited there by the traitors under direction of the Islamic UN??? to turn the UK and EU into a Islamic state.
Why are you flying the English flag in England says the migrant. It’s no longer your country you know, About a minute.
Watching the weather right now. Tornado warnings going on in the south.
The mark of the beast going on in AI.
It’s already starting and ding bats are writing these programs. Have you ever tried to pay a bill with their talking AIs? They just make things more complicated and cost more time. It was fine the way it was before and they want to record everyone’s voice. What happens if something happens to their voice and hard to talk on top of it. No other option.
I heard from someone today they went to a restaurant and were served by a robot. The only way you can stop that is to not go there and let them know that’s the reason.
I heard a lot of these businesses in the stock market have been doing a lot of buy backs. That businesses are NOT doing as well as the media is making them out.
Yes I’m familiar with him and know he’s one of the good guys I just never went to his sight before. From what your saying he’s not saying anything I don’t already know. I fear for the future of the young. They need to start climbing the ladders. Learn as much as they can, in anything they can and learn to put on different hats they may need to survive and that no job is beneath them if need be temporarily just in case. Get as high as they can but not so fast their blind, it’s easier to go down than up, stay in groups or teams if needed, a flood is coming, it’s already here.
They’re inflatables. Highlighting the epidemic, the desperation, of loneliness, really. Kunstler is a good writer, as amals says.
Society changes. Eventually the norms change, and people accept isolation as normal. Everyone is isolated, they say, so it’s ok if I am too. Most people just want to be normal. Or at least to appear normal. That doesn’t make it natural, though. We are naturally a social being, we cannot survive without cooperating with others. Accepting your isolation as normal is ensuring your doom.
The article has nothing to do with porno. The only thing the lead picture was about was an example of how nuts AI has become. Kunstler is a very good and insightful writer. It’s a good article, believe me. Read it on a computer if you can if it’s difficult to read on your phone. Or don’t if you don’t want to, but it is not porno and not a waste of your time if you get the chance to read it easily. It’s only one page. Others on this board have linked to Kunstler many times. He’s one of the good guys, trust me.
Personally, I think a bounce here will be met with a complex corrective c – wave in November (to complete a flat) … followed by something more substantial in December … and the New Year.
The rally was defined by the Gold/Silver Ratio (GSR) decline that lasted 6 months … ending a few weeks back.
Given the move looks like a crash … where the nutbars in charge are accelerating fiscal needs … and no amount of taxation would ever cover this largess … currency debasement is set to surge … so what this means is while the correction in the GSR could take a historical sector signatured three months (50%) of the time … there is likely a better than even chance it could only take a month (16%) or two (32%) to trace out … putting completion time within the year no matter.
So wave a is done … b should come soon … perhaps with heightened unrest associated with the government shutdown … and then c … perhaps associated with broader equity weakness … who knows?
Looks to me like da boyz aren’t going to let the stock market fall in any meaningful way before they get their bonuses in December.
Just a few thoughts … definitely not advice.
What the hell do I know … chuckle.
the shares bottoming out and turning higher first with the metals to follow.
Maybe they’ll let us off the Fed hook. Or maybe that’s why we got clobbered the last week.
Captain – If gold falls 10% in 6 days and it gets 8.9% back in 2 months, is that winning?? How is that a “generational” buying opportunity? I’m confused.
If we got 30% back in 2 or even 6 months, then….
BUT I SLEEP WELL AT NIGHT
a number of year ago, a financial advisor told me to sell all my silver and invest in S&P index fund !
that index is at a new all-time high !!
but if you look at the stocks in the index, more than 80% are in the red !!!!!
can anyone explain that to me??