Loading ...The Fed Res shadow government is failing and going backwards. Gold at $2933 in Fed notes, and Gold being real money and it’s gaining value against many goods, including real estate, so you could say gold people are seeing deflation, real money gaining value things getting cheaper as gold value rises.
From Kevin Bambrough via the DailyReckoning.com
The Coming Silver Default
The trigger for the next silver delivery failure could come from anywhere, but history suggests it will likely be a major player – perhaps a sovereign wealth fund or a forward-thinking large investor akin to the Mississippi Bubble era.
The lesson from my Sprott days remains crystal clear – when you really need delivery, paper promises can prove worthless. In a market this tight, physical possession isn’t just nine-tenths of the law – it’s everything. The coming silver squeeze will likely make our previous delivery issues look minor in comparison.
We’re heading toward a perfect storm where industrial demand, monetary instability, and physical market tightness converge. When people realize how poor a store of value cash and bonds have become, just as in the 1970s, they’ll flood into precious metals. But this time, with silver’s critical industrial role and the structural supply deficit, the upside could be truly historic.
ipso facto
Re Trump going Jackson….I can’t see why a judge can over rule a President, if he is an executive one….something has to be the last stop in a democracy and judges are not elected, especially as this judge is just yr average judge, he is not on the Supreme bench even…..
If Trump allows this to stand and goes through the courts, the Dems will do this non stop…..
Sng
Yikes That’s why when I had kids I eliminated anything pointed a kid could injure themselves on.
I knew I should of asked though. After having the brothers I had which some had to learn that boy type entitlement ironically taught by my mother does not end well especially with women. Couple had to learn the hard way with a few divorces. One still single I don’t think ever learned.
Someone asked me once after a attempted prank as a adult something to the affect doesn’t anything affect you anymore? I told him once in awhile something might pop up but generally pretty much no.
It’s still all about gold
Silver should catch on eventually I’d think, but it’s still also all about the gold shares.
Volume is light in SLV, almost on par with GLD which is unusual.
Hey maddog
Yes, it would be great to have Ron Paul as Fed Head. The demonrats would lose their minds.
Judy Shelton works too. I’d be willing to bet that Jerome Powell is reconsidering his stance on leaving office early now that he sees what is being dug up by Musk.
goldielocks @ 11:41…About the pranks I played on girls.
In grade 5 I was the new kid in a small town (Coloma CA) with 18 kids from grade one through 8, all in a one room school house and taught by one teacher. The teachers daughter, Jane, also attended there, and wanting to get her attention I decided to pull her chair out from under her as she was sitting down….which I did, and the sharp edge of the chair scraped her spine bottom to top as she slid to the floor. Needles to say, I never got anywhere with Jane, nor did it help my grades any, and it also cured me of pulling any kind of practical joke or prank on anyone unless I thought it through more carefully. No LOL’s, and I still feel Jane’s pain. :o(
Borrowed this from our like minded neighbors from FGC
This would be so good and hopefully backed by gold.
Sng
That reminds me of something else she told me. The city here support the local farmers here with things like subsidizing in some ways like buy so much get one for free to a limit That’s good, they grow organic. She gets some good food mostly for less than store bought chemicalized, pesticided and processed, She told me they are selling quail eggs now. She got a dozen of them for 6 bucks. There not as big as the duck eggs but thought shed try them. That’s clever at the rate their killing off the chickens. I shouldn’t mention it but funny how the bird flu they just happen to have a vaxx for only affects domestic chickens, cows and people.
Sng
Free lunch, they’ve been doing the same here at many for awhile except for day trading. I found out after making a couple of fast trades but no intention of day trading just changing my mind just happened that way and got a warning.
Speaking of which talking to my daughter in law the other day before the super bowl who told me the Chiefs should not of been been in the playoffs. Like DEI she said it was the refs. Well it did t work out for them anyways.
Made up sense of entitlement.
She said she volunteered at a food bank but not very long lol where they were handing out things the working class were cutting back on like roast beef and Starbucks said they had nasty and bad attitudes and kept asking what they could get instead if they didn’t like something. One lady didn’t like anything in her box kept harassing the volunteers, a real piece of work. When she asked me very rudely what I have for her I told her that I didn’t have anything for her and since she was so unhappy with the free food she was receiving she could hand the box back and it could go to someone in real need.
She was asked not to return Lamo
Some Demo bureaucrats need to be jailed for theft
LEFT, OCT 2024: As the election neared, KJP assured Americans that no FEMA funds were being diverted to Illegals.
RIGHT, TODAY: Elon exposes that FEMA still sending taxpayer dollars to illegals — just LAST WEEK having sent $59M to illegals for luxury hotels.
Sng
Take out the broth and you’d have a bunch of fish bait. I wonder what pranks you played on girls as a kid.
Maddog 10:31 11:14
Wow your probably right, they have been using this money for themselves. The Great Heist Entitlement is a common excuse for theft.
The method
Reading between the lines, it looks like the WEF/Globalists are useing taxpayer money to fund themselves and pay themselves vast salaries…..it also looks like Soros may not have been useing his own money, or all his own money…what looks like happened is that he sets up some NGO, which then gets financed by taxpayers, via the likes of USAID etc…..
Yes Soros makes loads of dosh…but to keep making huge amounts over the years, to keep funding all these operations, always looked odd, getting it from taxpayers, would make much more sense…..
over $ 1 billion/week being paid out by Treasury to unidentified people
The Greatest Heist Of All Time: The Level Of Corruption That Elon Musk And His DOGE Team Are Uncovering Is Absolutely Mind Blowing
Maddog
“What we all have to watch for now, is do we see a large open interest in March Gold build”
Looks like the buyers of gold want it yesterday! I’m really enjoying this action. After so many years of doldrums we’ve finally got the wind behind our sails. Calamity and confusion to the riggers!
Cheers
ipso facto
Morning….re Crimex deliveries….now we begin to see what is going on and why all that Gold was shipped out of London…..Buyers of Crimex, would have bought April gold contracts, the liquid month…..then they must have swapped them for February…which is a non liquid month….when they did that their brokers will have warned them, they may get delivered ..to which they must have said no problem, that is what we want…the sellers then knew, they would have to get the gold, hence the run on London…..
What we all have to watch for now, is do we see a large open interest in March Gold build…as that means the same is happening…..
silverngold @ 9:25
LOL You first my friend! 
What a surprise!
EU paid green groups millions
to lobby EU to make stricter green policies
Our taxes are used to tax us more
Buygold….Now Musk agrees Ron Paul should head up the Fed…..your dreams may yet come true
Sen. Mike Lee floats former Rep. Ron Paul for Federal Reserve chairman, Musk says ‘amazing’ idea
Nice to see spot gold around $2900 this morning!
#Gold has surged over $2,900/oz this morning on massive physical gold #bullion demand
CME data – see chart below from GoldChartsRUS – shows massive physical $gold demand and large institutional players, likely including central banks, are taking delivery of physical #goldbars at #goldfutures expiration.
