Loading ...up three bucks in a little over an hour …and still going.
PM Shares ripping in AH trading
GDX up 4.5%
Doesn’t hurt with silver up $2.60 and gold up $150.
Can’t we all just get along? 🙂
crude still dropping
$98.50
Off to the races in the gold pits – oil down to $108
SM futures strong, Bitcoin strong, rates and dollar down.
Alex – I’m with you. Hard to imagine women and children as volunteers to be human shields. I will pray that this does not happen as well.
Trump , BTW is targetting infrastructure and defense/offense targets
If human chains are used , I believe they will be people forced to do so because they were resisters to the now defunct Mullah government . I pray for the peaceful Iranian ‘man (and woman) in the street’ . In college I had a good friend who was from Iran .
A lot of the Al Jezeera video is propaganda .
The Russian advisors who are being evacuated should insist that the plant be brought to safe and orderly shutdown conditions NOW ! If they do so , restart will be much simpler than a SCRAM emergency poisoning of the reactor core . The latter creates a condition which makes a return to criticality lengthy and with greater difficulty .
I have worked in pre-operational and operating plants on four continents during my career , starting at Canada’s first Atomic Research facility near Chalk River , in 1970 . My last ‘job’ was to take over the lead for water chemistry monitoring equipment for a Russian twin unit reactor complex in the former Czech Republic while it was pre-operational .
Oil all the way down to $110
Some peace optimism. We’ll find out in a couple hours.
That turned out OK
Nice day for gold. Most of the shares came back.
$5K gold just a stones throw away.
I’d like to see this war end. Ukraine too. When is enough, enough?
Re Human chains
The Regime is asking/ordering people to send their children, for the chains…according to Tousi TV….
mkts seem to think something good is about to happen…I wonder what it is
Canada’s ‘Million dollar’ gold coin (.99999 purity) now worth over 15 million $ at just melt bid !
100 Kg , 3217 troy ounces . what is the numismatic value ?
Screenshot
This news hit….
Pakistan Prime Minister Offers Last Ditch Olive Branch Plan, Hours Before Trump’s ‘Whole Civilization Will Die Tonight’ Deadline
Buygold
Yeah that’s not good. Who’s running the show?
“Human chains”
It won’t be there long after a few jets fly over!
Reports of peace?
Something lit a fire under gold.
Ipso – we might not bomb them, but Israel might. They have a habit of killing negotiators.
Human chains are not good.
Buygold
Well metals hit, oil up. Trying to hold gold down isn’t gonna save the dollar or stop inflation and the resulting recession it will cause and further consequences by this war and increasing the depth of it and debt and possible result in rising interest rates anymore than oil prices going up. Oil by itself doesn’t make it a reserve like gold but the printers and spenders dumped it to dig more holes for us.
I hope we don’t bomb them while progress is being made stopping the war. What can a few days delay hurt?
US Official Cites ‘Glimmer Of Progress’ On Ceasefire After Trump Warns ‘A Whole Civilization Will Die Tonight’
Tyler Durden’s Photo
by Tyler Durden
Tuesday, Apr 07, 2026 – 09:35 AM
Summary:
Tehran Times: All communications with US side suspended – THEN ISSUES CORRECTION, REVERSES. This after Trump’s Tues. morning threat: “A whole civilization will die tonight, never to be brought back again.” Axios cites “glimmer” of progress on negotiations.
In a call with FOX’s Bret Baier, Trump says 8 PM deadline today “could change if negotiations move forward, but sticking to deadline for now.”
Kharg Island heavily bombed in preparation for potential US Marine/Special Forces ground seizure. Reports of ‘human chains’ at bridges, power plants, in Iran forming.
Israel has begun attacking Iran’s railway infrastructure, telling civilians to not take trains, cancelations across country. IRGC still defiant – announces new retaliatory attacks on petrochemical plants in eastern Saudi Arabia.
Iran’s 10-point counter to the US 15-point ceasefire shows signs of willingness to compromise (‘reparations’ from US dropped as a demand). Vance says war will end “very shortly”. Russia, China veto UNSC Hormuz resolution.
https://www.zerohedge.com/energy/75-gulf-energy-assets-damaged-us-iran-war-supply-shock-intensifies
You office guys need to learn how to be a plumber or electrician
Peter St Onge, Ph.D.
@profstonge
·
4h
The office is going extinct.
Replaced by AI.
For the first time ever, more offices were demolished than built.
Buygold @ 11:46
Seems like we’re going into a darker age where resources are fewer and life is harder. The US is destroying it’s own monetary system.
This guy thinks that:
“The ‘AI job loss’ narratives are all fake,” he wrote.
“AI = massive ramp in productivity = massive ramp in demand = massive jobs boom. Watch.”
https://www.zerohedge.com/ai/marc-andreessen-calls-ai-job-loss-fears-fake-expects-employment-gains
Of course he’s wealthy so whatever happens won’t affect him much.
They must have noticed
That the pm shares were outperforming and decided to come in and fix that problem. Buggers.
Is it me, or does the world feel like it’s headed towards a slow motion train wreck?
I think I saw this on Star Trek
China Introduces Pistol-Like Coil-Gun Based On Electromagnetic-Launch Systems
Seems like the shares should be getting hit harder
especially with the SM down and silver taking a 2% hit.
Then again, there’s a long day ahead.
Dollar is flat, with oil surging toward $116.
Today is the big day for Trump to obliterate Iran, according to him anyway.
Germany’s Debt Spiral: Bundesbank Chief Breaks Silence
https://www.zerohedge.com/economics/germanys-debt-spiral-bundesbank-chief-breaks-silence
Slowly but surely the world will realise they have to drive Gold higher, to offset debt….it buys more time for free, just the kind of choice todays politicians love.
Goldie
Yep. It’s all about oil now, and I agree with you on inflation and rates.
The wicked wind of inflation is here, and recession arrives shortly.
I wonder how long the dollar will be able to hold reserve status if oil starts getting sold in other currencies.
I hope there is some plan behind all the warring this century other than to fatten the wallets of bankers, politicians and the MIC.
Buygold
I hope not either but have a feeling our hopes don’t matter. Oil and bonds have had a correlation even before Nixon took us off the gold standard setting it free for gold to remain a standard while the attack on oil cannot hold the dollar up so any internal political attack on oil can be a enemy suspect to any country.
Jamie Diamond the debt to GDP ratio was at 120 and Greece collapsed at 130 if media got that correct. Inflation could put us globally in a recession and push interest rates up not down.
Mining stocks are down except TMQ up one of Trump’s projects and gov owns a small portion. Only saw a few stocks though.