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amals 22:14

Posted by treefrog @ 1:34 on June 16, 2018  

green river (ut) is in a world all its own.  i was there last summer in a 23 year old van i got off craigslist.  it didn’t break down.  if anything, the area south of there, down toward hanksville is even more desolate.  if you’re in hanksville, be sure to eat at blondies.  best food for miles around!  friendly mormon waitresses!!

 

dsc00041

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Gold Train

Posted by Maya @ 0:40 on June 16, 2018  

rrflasher-copy

Surfliner at Seacliff
http://www.railpictures.net/photo/658263/

 

Steady as she Flows on the Volcano

Posted by Maya @ 0:38 on June 16, 2018  

All is well at the quaking Volcano Ranch.  Got a bunch of cables pulled outside for the ham radios & put up a new 2-meter antenna.  Amazing the number of ‘new’ ham radio operators coming out of the woodwork now with the volcano emergency.  Many got licenses long ago but never got a radio until now.  Cheap, entry level technician radio for VHF & UHF is the Baofeng UV-5R everyone seems to start out with… around $35 bucks.

Maya @ 2:30

Posted by amals @ 22:14 on June 15, 2018  

Don’t think I’d want to break down there.  Wow.  Pretty desolate.

Interesting updates and pics you have been giving us on the island activity .  Hope all’s well on the homestead.

@goldielocks re 19:00 affirmative action putting unqualified as preference over qualified

Posted by Mr.Copper @ 21:50 on June 15, 2018  

Yes, that’s an old one. Glad you brought the Wall Street Journal story to my attention.  Ever notice the media always tells us things that we all already know about? They used to call it “anti Darwinian, survival of the unfittest”. Favoritism and artificial support, or “investment” in the under dog rather than the upper dog. Emotionally nice but not practical.

Keep trying to remember that pretty much everything from the past that was not right, has to go into reverse. Little by little. Did you hear about the immigration qualifications? Getting tough on immigration, the definition of asylum. No more lottery based more like merit based starting. So don’t be surprised if we start hearing little things about “underdog” employees and underdog businesses being thrown under the bus.

Like I keep saying but nobody remembers…..”Those who were doing well will not do so well. Those who were NOT doing well will do better.” “Anybody or organizations that were “getting away” with unjust things, will get thrown under the bus.” No more Mr. Nice Guy is the future. Its going to take a long time, and a lot of complaining from the losers that used to be winners.

Trump himself and the economic team today is a reversal of the past.

 

 

R640

Posted by Buygold @ 20:50 on June 15, 2018  

I understand exactly what you are doing. You’re trying to provoke a response which would actually put you in troll territory.

Further, you decided to do it on a day when metals are getting crushed and emotions are high. Purely planned.

Knock it off or GTFO.

Clear?

 

Richard Ipso

Posted by goldielocks @ 19:42 on June 15, 2018  

Apparently no one cares about Africa. Guess they figure after all the help they’ve gotten through the decades with no change it’s not worth the effort. That criminal and his cohorts should be tried and hanged.

These are pretty important charts, IMO–from Ponzi World

Posted by Richard640 @ 19:35 on June 15, 2018  
First, gambler sentiment, risk exposure:
 
Individual, % bearish:
 
 
 
Hedge Fund risk exposure, second highest in five years, only slighly lower than the tax cut:
 
 

So much for the dumb money, now for the smart money:Holy fuck:

Iv’e said for a long time I would never own a S. African miner-nor ever visit the continent–

Posted by Richard640 @ 19:20 on June 15, 2018  

Rand Slides To 6-Mo Lows As South Africa Unveils ‘Affirmative Action’ Mining Charter

South Africa’s still-newly-minted government has decided to apply the same cleansing of the “original sin,” to the nation’s resource mining operations…

Mr Copper

Posted by goldielocks @ 19:00 on June 15, 2018  

Although it has been in Fox lately about affirmative action putting unqualified as preference over qualified it is also done in other areas including the medical field. Here’s some past on it and now it’s being done by outsourcing where qualifications can’t be assessed because it’s coming from somewhere else. There’s something on it in the first link of how their poster boy for affirmative action was let go after he couldn’t even preform basic dutys resulting in deaths and injuries.
They should require IQ tests for some jobs and change them making it harder to cheat.
Danger in the sky’s. Trading qualified for unqualified and helping them cheat and giving them the answers.
After the FAA changed its screening process in 2014, thousands of applicants who were already in the pipeline—people who had obtained an FAA-accredited degree, taken the AT-SAT exam and had been designated “well-qualified” to become air-traffic controllers—were told by the government that they would have to start the process again. “But this time, when they applied for a job, their college degrees and previous military experience would mean nothing,” reported Fox Business. “They would now compete with thousands of people the agency calls ‘off the street hires’; anyone who wants to, can walk in off the street without any previous training and apply for an air traffic control job.”
https://www.google.com/amp/s/www.wsj.com/amp/articles/affirmative-action-lands-in-the-air-traffic-control-tower-1433283292
Obama caused danger in the sky’s
https://www.onenewsnow.com/politics-govt/2018/06/03/obama-put-diversity-over-safety-at-faa

Looks like this takedown was strictly for the west!

Posted by silverngold @ 18:59 on June 15, 2018  

Quite a discrepancy between east and west….FWIW!!

http://didthesystemcollapse.com/

For what it’s worth–COTs

Posted by Richard640 @ 17:21 on June 15, 2018  

Silver

*The large specs increased their long positions by 16,063 contracts and reduced their shorts by 14,233 contracts.

*The commercials reduced their long positions by 4,793 contracts and increased their shorts by 25,042 contracts.

*The small specs increased their longs by 191 contracts and increased their shorts by 652 contracts.

Gold

*The large specs increased their long positions by 7,431 contracts and decreased their shorts by 1,393 contracts.

*The commercials reduced their longs by 4,608 contracts and increased their shorts by 1,632 contracts.

*The small specs decreased their longs by 2,425 contracts and increased their shorts by 159 contracts.

The silver COT report has to be the most bearish in the history of the silver market, and those numbers were as of Tuesday. That doesn’t mean the price has to tank anymore. That bearishness was possibly resolved today. 

 

Buy Zimbabwe short SA

Posted by ipso facto @ 17:12 on June 15, 2018  

Rand Slides To 6-Mo Lows As South Africa Unveils ‘Affirmative Action’ Mining Charter

Seemingly not satisfied with ‘enabling’ the violent deaths of hundreds of white farmers with their policy of redistribution (confiscation) of white-owned farm-land to poorer black farmers, South Africa’s still-newly-minted government has decided to apply the same cleansing of the “original sin,” to the nation’s resource mining operations.

https://www.zerohedge.com/news/2018-06-15/rand-slides-6-mo-lows-south-africa-unveils-affirmative-action-mining-charter

FYI Did You See? GORO is Going Places

Posted by Mr.Copper @ 16:56 on June 15, 2018  

Its saying FU to spot gold. +5.5%. All time high was $30, good potential.

https://finviz.com/quote.ashx?t=GORO&ty=c&ta=0&p=d

IIROC Trading Halt – BTR; MTO

Posted by ipso facto @ 16:38 on June 15, 2018  

I hope Bonterra isn’t buying Metanor. Metanor has been mining at a loss for about a jillion years. Death, taxes and the issuance of new shares by Metanor.

Poll Results …. Over half of us have 70% or better in the PMs.

Posted by ipso facto @ 16:32 on June 15, 2018  

Regarding my liquid investments I have what percentage in the PMs? (All types including shares etc)

90 to 100% (25%, 13 Votes)

70% to 80% (13%, 7 Votes)

50 to 60% (12%, 6 Votes)

80 to 90% (12%, 6 Votes)

40 to 50% (8%, 4 Votes)

60 to 70% (8%, 4 Votes)

0 to 10% (6%, 3 Votes)

30 to 40% (6%, 3 Votes)

Over 100% (6%, 3 Votes)

10 to 20% (4%, 2 Votes)

20 to 30% (2%, 1 Votes)

Total Voters: 52

Chris from “Capitalist Exploits” writes=

Posted by Richard640 @ 16:09 on June 15, 2018  
Now, I’m not smart enough to know when the FANGs roll over, and I only very very rarely short but the point is we’re not long FANGs either.

Markets move in cycles and asymmetry is almost always inversely correlated with popularity.

And here’s one more pretty chart from Jeffrey Gundlach that explains why we think the timing opportune for private placements in the commodity space.

The experts can help us understand what to do at each stop on the journey, but it’s probably a mistake to let them drive the bus.

– Chris

“The problem with experts is that they do not know what they do not know.” ― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

re these big drops in AU AG??

Posted by Mr.Copper @ 14:49 on June 15, 2018  

Doesn’t make any sense. A blip? I’m thinking AU AG will bounce from here. I’m thinking the dollar’s sudden bounce is a mistake. No reason for it. Markets sure are acting strange a long time now.

If this drop in AU and AG continues it’s a big deflation signal (big slowdown) for the global economy. And it would not surprise me as we enter no mans land transition area. As the economy continues progressing in REVERSE of the past.

From SCREWING America since WW II to restoring America from the extra screwing that started after 1971. There’s going to be very strange things happening. And in a deflation gold can come alive as people lose confidence in the central planners ability to manage the global economy.

The anti American scumbags “managed us” “stole” “embezzled” the USA to a point that resulted in the crisis in ’08.

Sir John Templeton-Jim Rogers–Buffett=”buy when there’s blood in the streets”-or so the theory goes…

Posted by Richard640 @ 13:34 on June 15, 2018  

Somebody’s got to do the dirty work…but I’ll pass on the JNUG June 29 $14 calls-a hunnert of em would cot $5100–SLV’s the cheapest way to get some skin in the game–if one rallies, so will the other…Comex silver made a new low-down 78 cent–when my order was filled…

 

06/15/2018  13:23:04 Bought to Open 125 SLV Jun 29 2018 16.0 Call @ 0.07

06/15/2018  13:23:04 Bought to Open 175 SLV Jun 29 2018 16.0 Call @ 0.07

ZH readers on gold:

Posted by Richard640 @ 13:12 on June 15, 2018  

It used to be $1B for about a 1% drop.  Then it was $3B for about the same.  now we have $34B and what a 2 maybe 3%move?  It ain’t working anymore and it is becoming too obvious.  Dumping over 250,000 thousand contracts in four hours is getting a bit surreal.

@goldielocks re 0:18 on June 15, Got Those, thanks for the added info.

Posted by Mr.Copper @ 12:50 on June 15, 2018  

RNO–I definitely like that trade–good luck!

Posted by Richard640 @ 12:45 on June 15, 2018  

Buygold….But…but….I am supposed to be the defender of Israel on this forum…

Posted by Richard640 @ 12:44 on June 15, 2018  

Now I’m Jew baiting?  Don’t u get that I am joking…and making Joo-hating look like the idiot pastime that it is?

Comex Silver

Posted by redneckokie1 @ 12:36 on June 15, 2018  

I’m gonna be a buyer at $16.20.

rno

At least there’s soccer to watch today

Posted by ipso facto @ 11:23 on June 15, 2018  

I’m not a big fan … but the World Cup is fun to watch.

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