Loading ...A nineteenth century hyperloop.
Captain Hook
I’ve been wondering about the rationale behind your urging people to use cash for transactions whenever they can. I actually did that at the grocery store yesterday instead of my credit card as usual. The only thing I could think of as to why, was the notion that it’s one more tick in the cash column for the grocery store (I’m talking about a very large supermarket chain); if no one was using cash, they might eliminate it as a form of payment. What else and in what circumstances and why are you as adamant about it as you are? Looking for insight here.
Silver Rider
This is another reason we have to care what’s going on in Europe. Genocide.
Do you know that whites are a minority race but the ones that invented most everything people use today including this method of communication. Bikes, cars, trains, planes electricity and more. The ones that the majority non whites have their hand out be money, intellectual property, resources, including our land because after a certain number of people we chose to have less children for a better quality of life and blend with nature.
The majority of non whites have become a invasive species after over populating spilling over to the minority species like weeds swallowing everything up in their path.
The majority of non whites have become a invasive species after over populating spilling over to the minority species like weeds swallowing everything up in their path.
They try to say white are aggressive but leave out the past history where they were invaded and enslaved by invading non white groups..
Non whites represent 85 or more percent of the worlds population.
Approximately 1.4 Billion Chinese not counting other Asian countries.
1.45 Billion Africans same numbers in India.
White are the true minority. But since when did the lying left not get anything backwards.
Only aprox. half of America is white already and Europe is being invaded by a dumbed down brain washed political group.
In America alone whites and American Indians are the only true global minority.
So the next time you hear the minority BS and must let in more. No we dont. How many white have they let in and gave them free stuff and opportunities in non white countries? So the next time they pull the minority or racist card by the give me’s and lawless after getting caught remember that, who’s the real minority and who’s invading whom. There’s a active attempt of genocide going on. Hope you can read this before it gets deleted.
Captain Hook @ 21:30
Yeah Captain, I have concluded that all the opps and lies that we have been subjected to over the past century can be tied back to population control.
It’s not your fault …
… and it’s not your neighbor’s fault … it’s Bill Gates’ fault … him and his billionaire buddies …
… that’s why Bill is all of a sudden trying to get you to believe he gives two shits about talking reality …
… I mean … get me a guillotine for this guy.
Chuckle
Mr.Copper @ 18:30
Sounds about right.
Cheers
Captain Hook @ 12:54 re The $50 Silver Price In 1980
A new car in 1980 was about $7,200, and today they are about $50,000. So if you divide $50,000 by $7200, it comes out to about a factor of seven times more in today’s money.
So seven times the old $50 1980 high, would be $350/oz Silver on the next silver all time high, with todays money.
Great article by Dimitri Speck
Silver High: Where Was it in 1980, How Did it Develop in 2011 — And is a Bear Market Looming?
Most recently, in October 2025, the silver price rose above $50 per troy ounce. Silver had already reached this level in 1980 and then again in 2011. On both occasions, this was followed by a prolonged decline in prices. Some investors are therefore wondering whether such a decline is looming again. To answer this question, let us first take a closer look at the situation at that time.
However, this raises the next question: What were the peak prices back then? Because for 1980, this is anything but clear. This has now sparked further discussion. Let’s examine these questions using databases and contemporary accounts and take a closer look at the circumstances surrounding previous silver highs.
Low CME open interest will buffer any further weakness in PMs
The $7.5 Billion Head Fake: Why History’s Largest Gold Outflow Last Week Will Turn Out To Be A Generational Buying Opportunity!
The media has seized upon this headline as proof that the gold bull market is over, that the rally was a speculative bubble, and that the smart money is getting out. They could not be more wrong.
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Gold just experienced the largest weekly outflow in recorded history, a staggering $7.5 billion withdrawal that has sent shockwaves through financial markets and triggered panic among weak-handed gold investors.
The financial media has seized upon this headline as proof that the gold bull market is over, that the rally was a speculative bubble, and that the smart money is getting out. They could not be more wrong.
This is not the end of the bull market. This is a classic psychological operation designed to shake out retail investors, a manufactured panic that is ultimately transferring gold from weak western retail hands to strong Asian hands and western bankers.
And most importantly, it is a historical parallel to 1973 that suggests the real, explosive phase of the gold bull market is just beginning.
The Anatomy of a Manufactured Panic
The chart above shows the magnitude of the recent outflow, a waterfall event that dwarfs any previous withdrawal. On the surface, it appears terrifying. But the context reveals a story of incredible underlying strength.
Despite this historic $7.5 billion outflow, gold still managed to close the month above the critical psychological level of $4,000 per ounce.
This is not a sign of weakness; it is a testament to the immense and unyielding demand that is quietly absorbing every ounce that the weak hands are willing to sell.
None of the fundamental drivers of this bull market have changed. The global debt crisis is accelerating, geopolitical risks are intensifying, and the de-dollarization movement is gaining momentum.
The reasons to own gold have not diminished; they have grown stronger despite this selling pressure.
So, what is this outflow really about? It is about profit-taking by short-term speculators and, more importantly, a psychological operation designed to create fear and doubt in the minds of average investors.
This is how bull markets climb the proverbial “wall of worry.” They require periodic, violent shakeouts to clear out the speculative froth and create a new base for the next leg higher.
The goal of this shakeout is to convince you that you are late to the party, that the move is over, and that you should wait for a better entry point. But by the time that “better” entry point arrives, the price will likely be thousands of dollars higher.
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As I said …could it be more obvious that sellers did not want Au above $ 4K….however there are enough buyers
there and below to frustrate a real sell off……What price will those shorts end up paying…..
Ps that election in Holland where a Globalist/WEF stooge may have won, means Holland will do zilch to solve it’s debt and gimmiegrant problem……
Maddog @ 6:05
Yes the interventions in all the markets are staggering … there is no way this turns out well in the end … I sincerely hope the public grows a pair at some point and gets rid of the bums.
In the PMs so called market … gold sees open interest spoofing every day now … 12,000+ in preliminary numbers down to zippity-doo-dah (155) in the final tally … yet again.
Gold Futures Volume & Open Interest – CME Group
Gold looks like a shoe in to finish above the large round number at $4,000, but silver won’t make $50 by the looks of things.
I think they have one more down draft in November if the broads swoon but what do I know.
I’m a perma-bull normally – whatever that means.
Cheers
Peachy
Oil Spikes On Reports US Military Attacks On Venezuela Imminent, Just ‘Hours’ Or ‘Days’ Away
“It sounds like it will be a full regime change operation, with a ‘friendly’ pro-US opposition leader likely to be installed into power – such as the latest Nobel Peace Prize winner María Corina Machado, who just in a non-peaceful manner warned Maduro that “his time is up”, after repeatedly calling on Trump for some kind of intervention in her country.”
Kamala Harris wants to lower the voting age to 16.
On account of the “Climate Crisis.” LOL 🙂
Mark
@Mark_IKN
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53m
After chewing the $FRES.l and $PRB.to deal over with a couple of ppl:
• $AEM will not like the idea of Mexico moving on “its territory”
• Deal terms/break fees leave the door open for a counterbid
• We know the size of the AEM war chest
Ball’s your side of the court, Agnico
Mark
@Mark_IKN
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Fresnillo to Acquire Probe Gold for C$780 Million
https://finance.yahoo.com/news/fresnillo-acquire-probe-gold-c-070000090.html
39% Premium, not so bad.
Maddog @ 6:05
Nice to see the HUI/Gold chart getting frisky. Soon to tell the tale!
Morning Buygold
What would be one hell of a close and make for very nervous shorts ,would be Gold above $ 4050 and Ag above $ 50. to end the month……
but the way it keeps bouncing here, I would suggest the shorts , if they weren’t just machines, are very nervous.
Morning maddog
100% right. We were sailing along about an hour or so ago, when all of a sudden they came in with some carpet bombing with the sole purpose of driving prices down below those round numbers at $4K and $49. I suspect this is just one of many we will see today.
At the same time, the QQQ’s are roaring back because they cannot finish the week down after the Fed has done a rate cut. The funny thing is that the rate cuts have done nothing to rates. The 10 yr. is up 10 bips to 4.1% since they did their cut. If I’m not mistaken, rates have been cut 1.5% since the attempted Biden save at the end of last year, yet bond have not rallied.
The Fed, just like the dollar, is becoming irrelevant.
Daily manipulations are the only thing they have left.
Watching from afar….while on the road, it is bloody obvious ‘someone’, wants Au sub $ 4000 for month end
and sub $49 Silver or lower……which means that a very good chunk of all this selling is not what you call natural …this is not long liquidation, it is tape painting….Which also says, someone is short and needs prices down, to get out.
The constant weakness in the shares also says there are shorts there….which if long AU may well have treated the recent share rally as just another bear mkt rally to short.