Loading ...Scary stuff! AI is going to cause a lot of human misery.
In reaction to mass unemployment governments may enact a universal basic income, and if that happens their power will increase measurably.
Gold has broken out of a triangle that counts to $7,000 …
… might consolidate more along the way but looks like another good year for gold … watch the MACD for a turn higher …
Party on dude … all the bitcon players will be forced into gold (and silver) sooner or later because bitcon is not doing the job anymore … the only thing it is … a source of speculation … the price is not going up anymore.
Spit
This is good TA on PMs … silver specifically …
…. not being discussed anywhere else … from a veteran … who has stayed the course …
Well done
Ferrett 4:04
Yeah it means despite the globalist trying to create a rogue ungoverned government take notes, it’s not over yet.
Update on tariffs just for Scott B.
Yes Scotty, the SCOTUS did rule against some tariffs. Stop pretending otherwise.
Great, Scotty, so 2026 revenue from tariffs overall will remain unchanged at five eighths of 20% of bugger all.
Unhinged.
forecast for silver
conditions:
demand: A) industrial usage continues to grow. in most applications there is no suitable substitute. B) safe haven appeal increases as we progress into “interesting times”
and seemingly incurable inflationary trends. (inflation rises and falls, but DOES NOT stop.)
supply: A) mining is slowly responding to rising prices, but long start-up times and the fact that most silver supply is a byproduct of other mining activities put the emphasis
on “slowly.” (years and decades rather than weeks and months.) B) recycling remains difficult due to the wide dispersion of small quantities of silver per unit of product.
above ground inventory: A) comex warehouses, the london and shanghai exchanges have levels of deliverable metal on hand at historic lows, and shrinking. B) private retail
hoards (stackers, large and small) – no reliable information, but it seems likely most of this is in “strong hands.” C) junk and scrap (90% coins, sterling tableware, etc) again, no
reliable information, but this is finite, and considerably depleted during past price spikes.
paper silver: A) futures markets – last i heard comex had sold forward (shorted) four ounces for each deliverable ounce on hand. other futures exchanges? probably similar.
B) banks, etf’s – whatever – holding “silver” accounts for clients? anybody’s guess, there are all kinds of fractional reserve ponzis out there.
outlook: stormy weather!
lots of volatility (up AND down), becoming ever more frantic as march deliveries get closer and closer. (tick… tock… ). first notice day, when we find out how many are standing
for delivery in march, will be worth watching.
continuing: if, somehow, the comex operators patch something together and avoid an outright default in march, we get to watch this movie again, except with even less inventory the
next delivery month…
…lather, …rinse, …repeat – until something breaks. are your seatbelts fastened and your tray tables in the upright position?
76 degrees and cloudy at beautiful treefrog manor.
Re Tarrifs
Update from Scott Bessent, US Secretary of the Treasury.
(Posted by EricLDaugh on X. Videoclip of Bessent in his post).
“Let’s be clear about what today’s ruling WAS and what it WASN’T.
Despite the misplaced GLOATING from Democrats, ill-informed media outlets, and the very people who gutted our industrial base, the Court did not rule against President Trump’s tariffs.”
“Six justices simply ruled that IEEPA authorities cannot be used to raise even $1 of revenue.”
“This administration will invoke alternative legal authorities to replace the IEEPA tariffs.”
“We will be leveraging Section 232 and Section 301 tariff authorities that have been validated through thousands of legal challenges.”
“Treasury’s estimates show that the use of Section 122 authority, combined with potentially enhanced Section 232 and Section 301 tariffs, will result in virtually unchanged tariff revenue in 2026.”
Captain Hook 11:13
The go signal has been out as some kinda signal.That can be made up but. in casino stealing or inside plants it’s a go signal the plant has the best hand. Keep your cards covered from cameras.
ferrett @ 11:19
I’ll check it out!
James Woods
@RealJamesWoods
·
Feb 19
This is what they’ve been up to all along.
They did everything but strike the match.
ipso, yes, sorry, it was a bit off topic.
Just your comment about planes dropping something other than bombs …. but the movie is a classic Australian comedy. About Constitutional law.
Jimmy Dore is killing it …
I asked Siloverngold to stop posting such utter crap and he has…….I also said that under my government I have to be careful what Is posted…….consequently I have deleted this post.
We are here to discuss all matters PM, please try and stay on subject.
Put in your retirement papers … Shorty
Lukas Ekwueme
@ekwufinance
UBS: Silver deficits for 2026 will be ~300 m oz.
– It would be the 6th consecutive year of a silver deficit
– That would be ~2.5x the 2025 deficit
– Or roughly ~40% of global mine production
The physical market remains extremely tight.
Someone’s got some splainin to do
Wall Street Apes
@WallStreetApes
American journalist says she’s figured out why Governor Greg Abbott has allowed a Muslim takeover in Texas
Abbott’s top donor is from Pakistan, he’s donated:
– 2019–2020 election cycle: $1,617,500
– 2020 election: $5,599,500
– 2024 election: $6,120,268
– Current election cycle $2,897,086 (already the top donor in the current cycle)
His top donor is Syed Javaid Anwar and he is from Pakistan
ferrett @ 21:14
I confess I’m a bit lost on the context? Maybe I should read the book … 🙂
Cheers
What happens when you go to sleep at 7 pm
Wake up way too early.
Remember seeing the Epstein dentist chair. This is getting sicker and sicker. Was used to remove children’s teeth so they wouldn’t bite.
One of the most dangerous woman anti America organizer
Including teacher union dues. Randi Winegarten Gets paid 600k to destroy this country. Since we’re on the subject.
Ferrett
I feel your pain. I seen the pain of the elders, what were they fighting for? Good thing is lessons are not only taught in a box.
Buygold
We’re all tired of the bull… No accountability. You know if demos get back in power there gonna get even on their typical BS while repubs have actual evidence people need to be arrested and Omar can be deported.
Pay attention to the upcoming state of the union speech. We need answers.
Yes we have obvious globalist narratives in Supreme Court and Republican constitutional backstabbers. Roberts did it again, same thing he did with Obama care, called it a tax. He used the same narrative with Trump’s tarriffs.
eeos, I am being nice!
I thought he would have learnt from Trump 45. But it doesn’t look like it. Tulsi is having a hard time. The neocons/Zionists have got him to bomb Iran once, and are clearly pushing him to do so again. Best hope the Iranian hypersonics aren’t as good as the Russians’. Yes, our war theatre is different – huge coastline to defend. And China has more unemployed single men of military age than our whole population, who have had their guns removed. So I definitely want a strong, rational US president (I gave up on old Blighty being of any use decades ago), and I’d hoped Trump was the one.
Hey you be nice Ferrett
about what you say about America because you’re going to need help before we do. Your potential war theater is more complex than ours. Casey is a moron too. I voted for Trump b/c I wanted to cause trouble, not get bent by a bunch of leftist commies
Goldie, Bob
Goldie – I thought that was interesting that Trump said about foreign influence on the Supreme Court. When asked about evidence to back it up he said it would be coming very soon. Course he said we’d see arrests very soon too. No doubt Robert’s is corrupt. Barrett and Gorsuch, I don’t know. No doubt all the Democrat judges are. I know Robert’s has ties to Epstein – they have photos.
Bob – agree on Casey. He’s a legend in his own mind.
ferret – Doug Casey
Casey is an arrogant, stuffed shirt, a charlatan. Used to read him a couple of decades ago, can’t recall when I ceased.
Wish i could find one of his older videos where he pontifically postulated some thing and he missed by a mile. I recall thinking that he cost his clients a TON of money with that call.
