This is the video. About 18:20 minutes in. Also that following money bomb testing in white sands in NM moneys passed to text like bunker busting to reach a undergrown network. That smaller scale nukes might be involved. This is not planning on peace. By Oct 5 th
Buygold
I have no clue either other than maybe someone’s liquidating and needs the cash. Armstrong in that video said we’re heading for stagflation next year maybe after first quarter and will be caused by cost push. As Michael Pento said stagflation is rocket fuel for gold.
In another video this morning Martin talking to someone else talked about another mountain in Iran named after digging tools that Netenyaho wants to blow up and he hopes Trump won’t get pulled into it. That it could happen as soon as early October.
ipso
English, that’s true and Al will probably around equal to that. That’s why I had to call back because not only trouble speaking although seemed to understand which is another problem with that but they don’t have the skills to negotiate are just programmed and they get paranoid. Told her I wanted a supervisor so put me on hold hoping I’d hang up then after about 15 minutes said no supervisors available and went back to trying to negotiate a take it of leave it so I left it with a good by called back asked for a supervisor and not get dragged into a waisted conversation then they get paranoid and got one so in that case I guess there were some around after all.
Have you ever been tempted to ask them let’s try talking in your language instead? See how that goes. I wonder if they realize with prices going up between the cars, how they build them to be more expensive to fix and insurance they’re playing along with the you will own nothing and be happy jerks. Their shooting themselves in the foot.
That was fun
Assuming that blew yesterday’s breakout to dust. Back to square one again with no clue what comes next. Hard to see any reason for us to turn higher, because pm’s don’t pay interest ya know. 🫣 Then again nobody wants the bonds that actually do pay interest. 😂
QQQ’s finished off the lows, still up 3% on the week, barely a scratch for them.
Maddog, 10:27, or it is the PMI figures, way above expectations?
A roaring economy = rate hikes and more inflation. There was nothing new in the Iranian speech, but the PMIs were out of left field.
and coincidentally here is Bill Holter on the Everything Bubble
Mr. Gold explains, “This bubble is like any other bubble in mankind’s history…”
” In the 1920s, credit was extremely easy. When credit tightened, it was the wealth effect in reverse. We saw this again in the early 1970s. We saw this again in the 1987 crash. Interest rates went from 7% to over 10% . . . and that bubble popped. We had the emerging market debt problem back in the early 1990s, Long Term Capital in 1998, the Dot Com bubble in 2000, the 2007-2008 Great Financial Crisis, and all you have to do is look at a chart of bond yields and you’ll see that each time yields spiked, those bubbles popped. Right now, interest rates are spiking, and this is the biggest bubble.
This is the everything bubble. Everything is in a bubble. The only things that are not in a bubble are gold and silver because they are real money.
I think gold and silver are reflecting the risk of the debt structure coming down.
From a global standpoint, countries are moving away from the dollar. They don’t want to be trapped in the dollar system. The dollar is the world reserve currency that is issued by an insolvent bankrupt entity.
Higher rates, that’s what is going to blow everything up, higher rates.”
Peachy
The Kobeissi Letter
@KobeissiLetter
The US 10Y Note Yield is now moving in a literal straight-line higher, up to 5.13%.
This is no longer an issue that we have months or years to address.
This is unsustainable.
goldielocks
I’d rather speak to a real person as well … as long as that person had a good command of the English language which doesn’t always happen.
Yep going to be multitudes laid off by AI. All the wealthy people are for it.
ipso
You know pretty soon not here but elsewhere if you have problems your going to be talking to AI. I can see that’s gonna be a lot of people losing jobs. Then they’re going to have a lot of angry customers cuz most know what it’s like trying to talk to a computer already.
I just got off the phone with my insurance company which is big state to state wide. It said I might be talking to AI. They suddenly brought cost 20 a month more with safe driving record and low milage now retired. Should be going down not up. Calif and cost of living and taxing in Calif the reason they stated along with higher coverage more than minimum which is nothing in Calif. I probably wouldn’t of known the reason if I was talking to AI. Got it lower after having to call back and getting a super visor.
Imagine all these employees from insurance taking calls from these big insurance companies probably multi thousands state to state eventually getting laid off and replaced with AI. Amazon is also all in on AI too and has it spamming pages already. Even email AI got in there reading emails and wants to write back for you. The loss of jobs could be serious. People can try to fight back and demand to talk to a real person.
Maddog
That’s great! I think logging in is the main problem although when goldielocks logged in recently it sounds like she had admin rights in the Dashboard. I don’t know what’s up with that.
Here’s the Contango replay…IMO well worth hearing what they’ve done and what is coming. IMO all SNG!
ipsofacto
Tks I have it…this looks like an old problem …I have had …sometimes when I log on there is a security page telling me to contact the hosts and answer a number puzzle by doing simple addition, when I do that I am in…without contacting any Host…..
Then it may happen again weeks later…we now have a dedicated team working on the problem…..who will contact me maybe in the next 24 hours,,,, or maybe longer !!!!!
When they deign to get in touch, I will pass this info on……what other probs do people have…or are they all Log On related
I hope some of you were able to watch that Contango S&G presentation. IMO They will become the number 1 producer at some near future date.
If you missed the presentation they will have a video recording up shortly. If you’re not currently a stockholder I’d suggest considering getting in on this ground floor before Contango S&G gets too expensive to buy. IMO they are a coming winner but we’re just a little early….but WTHDIK….SNG
Maddog
I’ve sent you a picture of the error message that Deer79 is getting at log in. Maybe you could show that to the site host.
Cheers
Oil and rates spiking
along with the dollar of course. 10 yr. up to 5.05%, looks like Bessent is losing the battle as the world dumps UST’s.
I’d say this could be the beginning of a market crash except the QQQ’s were up near 3.5% the last two days and barely down 1% today, so a little downtick is warranted. The bank action might be a bigger concern for the SM though.
PMI’s were uber strong today so I guess the economy is doing well, unless you’re middle class.
Regardless, the always growing, behemoth gov’t. is going to be strained by those interest payments on the debt.
maddog 9:07
Unless you give them a contact email they won’t be able to tell you.
Morning Ipso
Yep, back up now, thanks for your help.
Bit of a head scratcher this am, I guess yesterday was a bull trap – again.