Maddog
I wonder if the ones in the know are expecting a SM correction.
Silver Bullet
Just saw your post. I’m pulling for your AI then. I don’t know anything about the forced liquidation at Shanghai, but these last 5 months have been pretty depressing.
Not sure how we’ll finish
and I know the metals look like crap today, but I’m not crying too much about the shares. Usually we’d give back all the gains of the last two days on a day like this, but not so far.
Maybe the shares are about done? Or will they make it up on us tomorrow? At some point they’ll bottom, right?
LOL Who could have predicted it!
Polymarket
@Polymarket
BREAKING: Nancy Pelosi votes against House bill banning members of Congress from purchasing individual stocks.
Israel coming in?
The Hormuz Letter
@HormuzLetter
·
2h
BREAKING: Israel has entered a state of full alert, with anti-missile shelters opened in central Israel including Tel Aviv suburbs, per Channel 14.
This comes as the US plans to escalate strikes on Iran in the coming days.
Iran Observer
@IranObserver0
⚡️JUST IN: Yemen’s Houthis are allowing Chinese Oil Tankers loaded with Saudi Oil to transit the Bab Al Mandab Strait
Meanwhile European and American Oil Tankers loaded with Saudi Oil are getting hit
High Oil and Higher Rates From That War Is The Problem
I don’t understand why the rush, Trump should have waited until the end of his term, after the mid term elections.
Maybe TPTB or the deep state “pushed him” some how to do it earlier just to screw him up, would not surprise me at all. We’ve seen all the under handed crap they pulled on him already going back years.
Check out Oil and Diesel fuel. re Heating oil.
https://finviz.com/futures_charts?t=ENERGY&p=d
Check out the general stocks, looks like coming off highs.
https://finviz.com/futures_charts?t=INDICES&p=d
Gold and Silver probably coming off lows.
Will the SM finally correct?
Seems like it’s sort of the last pillar left. Every time it has a day like this though, it seems to snap right back.
If pm’s went in the opposite direction I’d be cheering for it to crash, but there’s no sign we will do anything but keep crashing with it.
Tough game.
Is it possible that a lot of the pressure on prices over the last few months Has been because of the forced liquidation of paper contracts in Shanghai? At least that’s what the AI source I inquired from told me… The ban will start at the end of business today, but the liquidation has already taken place so it should be a non-event.. The all knowing AI also Said it will lead the way for a new bull run medals by establishing a more solid base to start from…. Cheer up Buygold.. My AI sources help is on the way…John
goldielocks
Little privacy in this world!
Buygold
Right, same here, they can hunt and fish. Salmon a good source of omega 3. You did make me think about all the wild turkeys around here. They’d even walk down streets in neighborhoods. Why I don’t know, maybe people feed them. I haven’t seen any lately.
Ipso
Ha good one. But desquize themselves heat to feet don’t bring cell phones and ride disguises bikes or a untraced licence plate. Problem now if they can use drones and even pick up on conversations. Maybe even satellites.
maddog, Goldie
maddog – let’s hope we can pop back above that retracement point. The shares aren’t doing great, but not nearly as bad as I would have thought, (except for the ones I own) so maybe that’s a clue we’ll hold the retrace. NEM earnings after the bell today.
Goldie – yes, they’ll have to get creative, start buying rice as a filler. It’s the people in the cities that will suffer the most. The people in the country can hunt, people here can fish, but I have no doubt they’ll move to outlaw that as well. It is just disgusting how evil a small group of people in this world really are. I know they have demonic supernatural power behind them, but it is just amazing to me that people haven’t taken up arms and gone after them.
maddog – course, just as I say the shares don’t look that bad, they take a dive. With anything pm, all you have to do is give them some time and they’ll always disappoint.
An analogy?
Cutting down Flock surveillance cameras
Throwing chests of tea into Boston Harbor
Just plain wrong! A betrayal of sovereignty!
Thomas Massie
@RepThomasMassie
·
16h
Final vote total for the NDAA today which tragically merges our military technology and supply chains with Israel’s. Let’s hope this version fails in the Senate because Section 219 is a betrayal of our sovereignty.
Buygold
Guess we can’t know everything going on without communication cuz were getting ripped off at every turn. I guess for family’s they will have to get creative. Take a round steak instead of feeding one cut it in bite size pieces sautee it with their own preferred slices make gravy put it over rice or mashed potatoes and feed a few people. Take beef and make a beef stew with half and tacos with the other half or a dozen other things. There gonna have to get their protein in other ways because there getting too much carbs it’s gonna affect their health. Even the health of a unborn. Like spina bifida due to a deficiency of B9 and B12.
$4000 Gold
….feels like a magnet pulling us back……
10 year yield is at 4.71%. Dow futures are down @ 600 points….. Is the Working Group on Financial Markets setting this all up so that the doped up financial junkies will shout out for interest rate cuts ( just before the mid terms)?
Thought provoking article
Jim Quinn Warns “We’ve Already Entered This Fourth Turning’s Global War…”
https://www.zerohedge.com/geopolitical/jim-quinn-warns-weve-already-enter-fourth-turnings-global-war
Goldie, deer79
Goldie – all true, but those costs haven’t increased nearly 300% in two years. What has also changed is that in the meat packing industry there are now 4 large corporations that own the entire market, and they are fleecing the country. Pretty obvious this is a coordinated effort to deprive the population of beef. Chicken and turkey to a lesser extent.
deer79 – I know, just ribbing you brother. I don’t know what impact what’s happening in China is going to have on the US paper markets. I hope a positive one, but they are talking another rate hike this month, and the psychology is so ingrained in so-called investors that inflation and rising rates are bad for gold it’s just nuts.