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Trump said “no new wars” repeatedly. It was a campaign promise. Period.

He then proceeds to do exactly the opposite of what he said he would at the behest of a foreign leader, and against the advice of the people that got him elected (Kirk, Carlson, and others) and screws the US economy royally in the process. People vote with their wallets; they elected him to fix Biden’s broken economy and inflation. Trump made it worse. People who voted for democrats weren’t worried about a war with Russia, they were pissed that they’re paying more for everything. They remembered Trump’s last term when gas prices were under $2, and he didn’t start a war. They thought that’s what they were going to get. Instead, they got a guy who has tripled his wealth and the wealth of his family in two years and finished destroying what was left of the middle class.

One thing though, I don’t know about turnout, but I suspect that many of the people that voted for Trump just didn’t vote this time. They didn’t run out and vote FOR democrats, they didn’t vote at all. There are more democrats in the country than republicans, they all showed up and they all have TDS.

None of this is hard to understand. If the economy was cranking and gas was back to $2 the GOP would have won seats easily.

This is 1000% his fault, and his fault alone.

For a while I reckoned the Globalists were gaming the Mkt;s shorting the SM and PM’s, buying rates and Oil…what I hadn’t thought of, is if they win, the unwind will look even better and here we are, the morning after and the SM is flying, Oil is down, rates are unch to down and no-one cares about Gold being up.

The talking heads will concentrate on the SM, being up…..

Who said the American people are against foreign wars……. The GoP and Trump lose, because he went to war with Iran, so you vote for a party that want’s to have WW III with Russia……

Exit Poll: Iran War Was ‘Crucial Or Major’ Factor For 3 In 4 Voters

https://thefederalist.com/2026/11/03/exit-poll-iran-war-was-crucial-or-major-factor-for-3-in-4-voters/

I thought it was supposed to crash?

Dollar dumping, rates down 3 bips, oil flat, pm’s exploding. Wait, what?

As aufever said, the consolation prize. Let’s just hope they’ve bottomed and can keep going. Maybe I should temper expectations and say, let’s just hope they can keep going all day. We’ve seen these overnight rallies fail too many times to count.

The country was finished anyway. The world is a stage and there are no “good guys”. This is just another reason to turn off the news and focus on eternity, our lives here on this rock are just a vapor. All of us are hurtling toward the inescapable, yet we spend such little energy on what comes after.

The only positive thing is that 2 years of Dems, should mean that no way does a Dem become President in 2028.

As for the mkts an SM crash seems guaranteed …..the PM overnight rally is point by point linked to the mad overnight SM rally. The S&P has rallied near 200 Pts from the lows….on what basis God alone knows, rates have to be a near 1 way street …up.

Unless Trump takes them all on and wins…..

It is a fact that a thunderstorm core chimney breaks aircraft.   Vertical shear winds can exceed 400mph in the space of just a few feet.  That lear jet got broken in flight.  Some control surfaces of the plane were found miles from the crash site.  Likely the tail elevator section.

In my flight training days in the midwest in the early 70s, I came out to the field to see an absolutely unbelievable sight. A Cessna 182 is a high-wing plane with diagonal struts from the fuselage out to 2/3 the length of the wing on each side. This plane parked in the field had the outer 1/3 of each wing beyond the strut folded 90 degrees straight UP!
The pilot got caught in a thunderstorm core with approx. 400mph updraft that folded up his wings. The updraft blew the plane out the top of the thundercloud ‘chimney’. Fortunately he was near the airport and managed to land the plane with only 2/3 of his effective wings! He told us the story at the FBO that day. I didn’t have the nerve to fly that day.

Mountain Mail train
https://www.railpictures.net/photo/914039/

The Russia Russia Russia brigade in particular will have a field day.

El Sayed wins. Michiganders love a paedophile!

At least

Yep, PMs liked, or didn’t like, the election.
I like the reaction.
Consolation prize

when you have to concentrate on whether the commies are red or blue.

On the plus side the PMs seem to like the results!

Not liking how the votes are looking so far

they look like they had awesome earnings……hate to say it, but l, at the moment, it looks like earnings don’t matter when the algorithm has everything locked down….

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1104-nyse/hl/214113-hecla-reports-third-quarter-2026-results.html

New York Times: Late deciders are swinging Republican by +9 points…

New York Times: Late deciders are swinging Republican by +9 points…

The Hormuz Letter
@HormuzLetter
·
2h
BREAKING: Israel says it was blindsided and caught off guard by Trump’s announcement ending all US military aid to Israel, and denied knowing about it, per Kan News.

“We did not expect this announcement, certainly not today,” a senior Israeli official said.

Israel’s security establishment assesses that “Trump misspoke,” as the current agreement runs to 2028.

Trump said hours earlier that he and Netanyahu had already agreed the US would stop paying $4 billion by the end of 2026.

never quit with the trickery and scheming. Voting machines have been down for a large part of the day in Westchester County NY……only paper ballots and then they go into a holding bin……..

Iran Rejects Latest Draft Proposal To End War: US ‘Must Act On 7 Conditions’ To Reopen Hormuz

https://www.zerohedge.com/energy/irgc-claims-3-more-tankers-blown-naval-mines-hormuz

back to the bunker

Live Storm Chasers
@LiveStormChaser
‼️DEVELOPING: RADAR SHOWS JET FLEW INTO A STORM CORE AT 35,000 FEET

Analysis of Miami NEXRAD radar shows the Learjet 60 (N722BD) entered a thunderstorm core near Wellington at about 12:48 PM ET, just before it crashed in Palm Beach County.

At 35,000 feet, radar echoes around the jet jumped to 34 dBZ, with a 52 dBZ core below it and storm tops near 47,000 feet. Tracking data shows the jet climbed about 450 feet inside the core, then went into a spiraling dive and crashed 76 seconds later.

Minutes earlier, the crew told Miami Center they were in moderate turbulence and “managing the ice” at −53°F, and asked to climb out of the precipitation. Moments later they declared a Mayday, reported an overspeed, and said they were banking 60 degrees.

All 9 people on board did not make it. The NTSB is investigating, and the cause has not been determined.

https://x.com/LiveStormChaser/status/2117024736660099098?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2117024736660099098%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fmach-tuck-investigators-say-learjet-60-may-have-broke-apart-florida-crash

Endeavour Mining (TSX, LSE: EDV) suspended underground mining at its Mana gold mine in Burkina Faso after part of an access road sank, adding another setback at an operation already expected to miss its annual production target.

The Oct. 28 incident restricted access to two underground entrances, Dangouna and Aviera, through the depleted Wona open pit, Endeavour said Monday. Workers were evacuated, nobody was injured and local authorities were notified. Mining has been stopped at all three active underground entrances while specialists assess ground stability and repairs.

Endeavour didn’t immediately disclose the cause of the incident or announce a restart date.

https://www.mining.com/endeavour-halts-burkina-gold-underground-as-ramp-sinks/

MINING.COM
@mining
$712 billion wiped off world’s biggest mining companies since start of Iran war

US-Iran Reportedly Agree To Concessions On Nuclear File, Oil Plunges

Update(0835ET): US-Iran headlines are once again swinging between mediator proposals and Tehran declaring it is “now in a state of war” after the Qeshm strike – which is a sadly all too familiar pattern from this past summer. The latest from regional sources are seeing oil prices drop lower:

“Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday”, Al-Araby Al-Jadeed reports citing sources close to the mediation team.
“Washington and Tehran have made concessions regarding the Iranian nuclear program and frozen funds”, Al Araby Al Jadeed reports citing sources.

https://www.zerohedge.com/energy/irgc-claims-3-more-tankers-blown-naval-mines-hormuz

Good post by Chartmaster on Gold Tent:

Best Explanation For The Paper Vs. Physical Silver Price Disconnect

-> Posted by Chartsmaster @ 7:14 am on November 3, 2026

I took this section from a longer article about comparisons to Rome and the Weimar hyper inflations.

“Today, modern central banks and fiscal authorities walk the exact same tightrope. Facing mounting national debt, multi-theater defense expenditures, and structural entitlement obligations, modern fiat systems increasingly rely on expanding liquidity and monetization to maintain debt service.  When currency creation outpaces tangible economic productivity, the price of hard assets does not merely rise—it recalibrates to reflect paper currency dilution.

The extreme volatility in the chart’s percentage change line reveals how market participants violently reprice physical assets when counterparty trust dissolves.  As global monetary bases continue to swell, physical gold and silver remain the ultimate neutral reserve assets, offering an immutable anchor outside the digital paper matrix.

So why is Silver Falling below $50?

Paper-to-Physical Mismatch: The COMEX holds 580 million ounces in paper open interest backed by only 100 million ounces of physical vault inventory, leaving a severe structural deficit of physical metal.

• Perverse Short Incentive: Bullion banks face a powerful incentive to dump “paper silver” onto the market. Because every $1 decline in silver reduces the total liability of that open interest by $580 million, a engineered $15 drop cuts total cash-settlement obligations by $8.7 billion.
• The “Force Majeure” Resolution: Driving paper prices down to ~$45 allows exchanges and short positions to cash-settle outstanding paper claims at a suppressed total payout (~$26.1 billion) rather than defaulting on physical delivery.
• Violent Physical Repricing: Once paper liabilities are settled in cash, the underlying physical inventory is freed to reprice to true market value—potentially leaping to $500/oz and elevating vault inventory value to $50 billion, resolving exchange risk while dramatically enriching physical holders.”

Gotta give back every penny in the metals. Silver shares were pathetic yesterday, and will be worse today, if you can even imagine that.

It’s lesser evil day. I got a phone call last night urging me to vote Republican and asking what time I planned to vote. They were tracking the rolls and knew I hadn’t voted yet. Unbelievable. If they just represented their constituents and did what they said they’d do, they wouldn’t be worried about turnout. They’d never lose.