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Buygold @ 20:10 re China is challenging us and the USD? Go Ahead China, Make My Day.

Posted by Mr.Copper @ 22:51 on April 2, 2018  

They are all full of crapola. Trying to scare us by threating to stop using our dollars. Har har hardy har har. ūüôā ūüôā

If the so called “US Dollar” ever crashed, it would be EXTREMELY bad for the other countries on the planet, but NOT the USA at all.¬†The Americans would enjoy a¬†BOOMING economy.

The cost and VALUE of typical cheap, allegedly  high quality imported consumer products would skyrocket. Then Americans would have huge opportunities to open millions of production facilities, and produce the same products a lot cheaper.

Americans would be paying other Americans for their needs. And the more they cost? The more we would be paying fellow Americans like it used to be for a short time between 1945 and 1975.

This is all simple crap. Its would all be  just opposite of the present situation. Opposite? Yes, we bought cheap imports, factories closed down, jobs became more scarce, people accept lower wages, and if in business end up with lower profits.

Then come less tax receipts, but more gov’t borrowing and more citizen debt,¬†plus more fake gov’t jobs, false prosperity, with real estate and stock market gains, which crash, which has been a fools race to the bottom.

I would contribute $5,000 of my own money to my country if it helped crash THEIR US Dollar, for my fellow Americans. Its simply NOT our Dollar. It did nothing for the country and killed peoples living standards.

R640 – COT’s

Posted by Buygold @ 21:16 on April 2, 2018  

Gold was worse than ugly. Silver not too bad.

Really surprised gold was up today, but wouldn’t be surprised if it is driven right back towards $1200

Banksters don’t lose in the pm markets

I think this is all related – throw in the tariffs China just levied on American goods. China is challenging us and the USD

Posted by Buygold @ 20:10 on April 2, 2018  

China’s State Owned Media Proclaims Petroyuan Will “Shake People’s Confidence In The US Dollar”

“…. it challenges the current dollar-dominated pricing scheme of crude oil markets – commonly known as the petrodollar system – which helps underpin the dollar’s status as the major international reserve currency.

No way Lil’ Kim does this without China’s blessing

Japan’s FM Warns North Korea Preparing For Another Nuclear Test

“Earth is being currently extracted from a tunnel where the previous nuclear test was carried out. North Korea is thoroughly preparing for the next nuclear test.”

You Vil Comply

Posted by ipso facto @ 19:13 on April 2, 2018  

Turf war: Court says Missouri couple must plant grass, even though wife is allergic

A Missouri couple decided to turn their entire yard into a flower garden.

It turns out, that was against a city ordinance, which says half of residents’ yards must be grass turf.

But the wife is allergic to grass.

Now a federal judge has ruled: tough.

http://www.kansascity.com/news/state/missouri/article207665734.html

COTS

Posted by Richard640 @ 17:07 on April 2, 2018  

Silver

*The large specs decreased their long positions by 3,027 contracts and reduced their shorts by 1,886 contracts.

*The commercials reduced their longs by 1,993 contracts and increased their shorts by 1,650 contracts.

*The small specs increased their longs by 2,456 contracts and reduced their shorts by 2,328 contracts.

GOLD

*The large specs increased their long positions by 35,150 contracts and reduced their shorts by 19,473 contracts.

*The commercials reduced their longs by 15,864 contracts increased their shorts by 43,226 contracts.

*The small specs increased their longs by 3,513 contracts and decreased their shorts by 954 contracts.

Comments…

*The report is a week old tomorrow.

*Silver was a dud and not good to see the small specs do what they did.

*Yikes in gold. The large spec/commercial switches led to last week’s price plunge.

 

Buygold @ 13:27 Re What The Market Looks Like To Me

Posted by Mr.Copper @ 16:35 on April 2, 2018  
After looking again at that long term chart, it LOOKS like the Dow was topping 2015 2016 and to mid 2017. Dines I think was even talking about that topping.
Trump entered the scene campaigning that summer 2017 and he may have DELAYED a natural correction with all that positive attitude about the future. So this correction may have a lot of down side catching up to do. And be real bad. Placebo effect, that hid the “pain”¬†could be wearing off.
Gold tends to go opposite the Dow.
https://www.mrci.com/pdf/dji.pdf

 

R640

Posted by Buygold @ 15:45 on April 2, 2018  

I think you’re right about tomorrow, that’s been the trend.

Would have liked to see a stronger close, but we’re dealing with pm’s so….

JNUG 45 cents off its high of 14.45….

Posted by Richard640 @ 15:12 on April 2, 2018  

Buygold-it looks to me that for PMs, it’s all over but the shouting…at least for today…I can just

Posted by Richard640 @ 15:10 on April 2, 2018  

see tomorrow–stocks opening up-as usual–with their usual odd and eerie calm after todays ¬†plunge and breaking ¬†of the 200 day m.a.—and PMs give back all the days gains-I’m outa my SLV calls with a double and thankful for it… are 25-35-45 buck days up for gold gone for all time? Crude’s down $2…I guess were lucky to be up at all-as u said, it wasn’t like that in 2008.

Overton–that’s happened to me too…but the link was fine…

Posted by Richard640 @ 15:03 on April 2, 2018  

R640 – I’m with ya

Posted by Buygold @ 14:05 on April 2, 2018  

I’d like to see some bigger upside moves too. When you look at the HUI @ 179, ya gotta wonder, is there anything in any markets cheaper than pm shares right now?

Oh well, I guess we have to start somewhere, I’m just happy we’re not getting crushed with the SM

He he

Posted by macroman3 @ 14:05 on April 2, 2018  

Image result for rally monkey pic

Richard….I typically try to just post the mp3 link

Posted by overton @ 13:59 on April 2, 2018  

(download right click properties copy link)¬†) but for some reason the play bar kept showing up with the large open space so I just changed the link to his GCN page.¬† I use to clear cookies many times during the day but¬† the banks and online $$ accounts ¬†links tell me they are using cookies to identify me and if I clear them they want to send a six digit code for verification.¬† So now, ¬†since I quit clearing cookies¬† Hillary’s stink meter keeps showing up in all the advertising¬†¬†they¬† push out especially in Hotmail.

Buygold–agreed! So far so good…but if I wanted to quibble, I’d say that the gains in

Posted by Richard640 @ 13:49 on April 2, 2018  

G&S have been slow and prodding–so as not to raise any eyebrows amongst the hedge ¬†funds..god forbid they should see gold as a safe haven….I’d like to see a 30-40 buck day in gold at the end…compared to moves in Amazon or Bitcoin, that would hardly be threatening…in the meantime I’ll stop looking a gift horse in the mouth…lol

Holy Shmoly Dow down 650!

Posted by ipso facto @ 13:45 on April 2, 2018  

and it’s only monday

Posted by treefrog @ 13:28 on April 2, 2018  

Mr. Copper

Posted by Buygold @ 13:27 on April 2, 2018  

Can only hope you’re right and that timeframe is repeating. That may have been the only time that I made money in the shares.

Surprisingly good day

Posted by Buygold @ 13:24 on April 2, 2018  

Despite the USD coming all the way back to flat. Usually the scum will give us a kick to the crackers when that happens.

Shares doing well in a down SM.

This is the way things are supposed to work right?

If we finish up will we get some follow thru tomorrow?

Richard Overton

Posted by goldielocks @ 12:46 on April 2, 2018  

I’ll repost Overton’s link link on Wall Street. I haven’t seen that before and I may have past the link due to overwork lol if you didn’t mention it. No problem seeing it on my end or the edit. Some weird stuff is going on with your computer or your overworked too and need some rest.
http://rss.gcnlive.com/wallStreetRaw/

January 29 2018 is a Replay Of January 2000, General Market Decline For Three Years To Bottom and 7 Years To Break Even in Late 2006.

Posted by Mr.Copper @ 12:20 on April 2, 2018  

At the same time Gold Silver and related mining shares started climbing. It helped get the index numbers and the general market confidence grew and those shares started following PMs up.

It took seven years 2007 for the Dow to break even on Jan 2000 high, only to crash again 1 year later in 2008. THAT crash took 5 years to break even 2013.

This most recent crash  may go many many years before a break even for that 26,000 high.

https://www.mrci.com/pdf/dji.pdf

O, the sneaky bastards-!! They couldn’t stop G&S on the Crimex so they’re going for the dollar-it’s .280 off it’s low and about unchanged.

Posted by Richard640 @ 11:14 on April 2, 2018  

If the $ goes even slightly green and G&S don’t roll over, that will be a real bullish sign. That crude is down $1.40 and PMs are top tick is also a bullish sign.

http://futures.tradingcharts.com/marketquotes/DX.html

overton-try again on your post-I just have a big blank 10 inch space

Posted by Richard640 @ 11:11 on April 2, 2018  

Arch Crawford was on Leibovits Saturday show 29 mins in

Posted by overton @ 11:09 on April 2, 2018  

http://rss.gcnlive.com/wallStreetRaw/

The earlier stall out didn’t work for PMs and we have gone on to barely new highs-in

Posted by Richard640 @ 11:07 on April 2, 2018  

a normal trading market G&S would go on to good gains by the close–like gold up $25-$35 and silver up 45-55 cent…it looks like they are trying to stop this last little leg up…

drb2 @ 10:39

Posted by ipso facto @ 10:43 on April 2, 2018  

I love to see metal bypassing crimex and the LBMA! Each oz that doesn’t go there is one step closer to a free market.

Cheers

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.