Reminds me of senator Joe McCarthy complaining about too many communists infiltrating the US government, including Hollywood message movies.
treefrog
It’s already long enough for me!
ipso,
if we use ’53 as the startpoint, we have made more than halfway to a “hundred years war.” 🙁
treefrog
Let’s hope it doesn’t become a “100 years war!” 🙂
Maybe it started in 53?
The 1953 Coup
On August 19, 1953, a coup d’état orchestrated by the CIA and MI6 resulted in the removal of Mosaddegh from power. This operation, known as Operation Ajax (by the CIA) and Operation Boot (by MI6), aimed to restore the monarchy of Mohammad Reza Shah Pahlavi. The coup was motivated by a desire to protect Western oil interests and counter perceived communist threats in the region.
Ipso, 16:37
if you count the takeover of the u. s. embassy as the start, it already is a very long war.
silverngold @ 20:22
“270-280” I look forward to it. Perhaps it could hurry a bit! 🙂
Buygold
Good post! I can’t think of anything there I’d disagree with. Too bad our leaders weren’t statesmen, weren’t patriotic, but they’re more interested in feathering their own nests and gaining more power. Doesn’t seem like there’s much alternative to attacking Iran at this point. They’re attacking multiple ships every day and now say that they’ll attack our bases if we keep blockading their ships. Are there no reasonable people there?
I’d like to see a peace deal worked out in Ukraine. Seems like there’s more interest in that now than for a long time.
Maddog, Russia gold sales, could be fake news.
According to the cbr.ru site linked from the EUToday article, Russian gold reserves at the end of September 2025 were USD282,213m, which at $3,886/oz on that day is 72,623,000 oz. At 30/9/26 the numbers were USD301,607m, $4,157/oz and 72,554,000. So over the last twelve months Russian gold sales have netted 69,000 ounces sold. That’s less than two tons.
Looking at the monthly figures they are buying and selling all the time.
Maddog @ 19:54
Re: Banks and AI … plus the crypto world and any kind of account secured with passwords. The machines are getting too smart!
Ipso
Yeah, the Iran war sure hasn’t helped the metals to be sure. Interest rates have risen because of the inflation it’s caused, the dollar also bottomed almost at the exact time as the war started, and pm’s started selling off – both in February. The yield on the 10 yr. started rising within a week or two of the dollar bottom. The war certainly caused these things to rise.
The yield on the 10’s today, broke down through the 50 dma but to no avail, the dollar is bouncing along the 20. We shouldn’t have been down at all, much less like this.
Maybe it is the war, but I find it hard to believe that folks thought it was over or that Israel would let us walk away. We shouldn’t now. OTOH, we both agree we should have never gone in, especially when we did. It was foolish and as Mr. Copper said, could have been done after the mid-terms. We’ve beaten that horse to death. Whether knowingly or not, it was a gift to the communists and globalists.
I suppose it’s back to the same old story, gold is not a safe haven asset unless a currency is collapsing or in times of extreme money printing. Outside of those two conditions, there’s zero reason to own anything pm related.
Maddog – indeed, being the world’s dominant force comes with a price. We were the grand experiment. A “constitutional republic” if we could hold it. But men do as they always do and seek power, riches and personal comfort or preferences above integrity and sovereignty. Republicans had the chance to turn the clock back and hold power for decades if only they had held the platform and the promises.
Ipsofacto
Re AI and banks….I recently talked to an AI assistant at Starlink……it was human, you could not tell any difference….you could change the subject mid sentence and it changed straight away……
My guess AI will be a nightmare for bank security…….
Peachy
Major US Banks Are Detecting Unauthorized AI Agents Accessing Customer Accounts
America’s largest banks are scrambling to defend themselves against a new and rapidly evolving security threat: artificial intelligence agents gaining access to customer accounts, sometimes behaving in ways that appear to go beyond what their human users originally authorized, according to Axios.
Major financial institutions including JPMorgan Chase, Bank of America, Morgan Stanley, Wells Fargo and Citigroup are confronting the growing presence of third-party AI assistants inside their banking platforms. Some institutions have detected unauthorized agent activity, while others are concerned about cases in which AI systems appear to initiate actions without explicit instructions from account holders.
Buygold @ 16:14
Sure seems to me that the Iran war has seriously damaged the precious metals market, for whatever reasons. Every time there is an acceleration of war we get sold off. In the long run war causes inflation we all know that and that should help us, but in the short term other factors and the algos can really hurt us.
If Russia really starts getting beaten, maybe with the help of the EU forces (such as they are) then they are likely to use tactical nukes, to start with. Then who knows where it goes from there! Peace with Russia is so important and now with Merz seemingly making a 180 on much of the EU policies then it becomes much more a possibility. Fingers crossed, Z must get in line!
Cheers
Israel Launches ‘Iran Regime Change’ Operation
Sounds like it will all kick off v soon.
Mr.Copper @ 14:39
We’ll just have to see. If Iran won’t give up their enriched uranium and nuclear program then this could be a very long war!
Mr Copper
There’s another angle as to why Trump went when he did, the Israeli elections….Bibi may get tossed and then any move may be harder, if a new admin is too weak……Now they are involved.
I realise such thinking is anethma to isolationists, but when you are the Big Dog such problems are yours to deal with….when we ruled we had to take such decisions, which was why we had such a massive navy….once we had well over 1400 ships, to keep the world as we wanted it.
Hey Ipso re:Ape
Nobody gets this right unless they are predicting a selloff. I’m not sure I agree with him about the war, I guess you could trace it back to February when they selling started in earnest so I see his point, but it seems to me the money powers just said “that’s enough” time to fleece the losers that play in this game.
Russia selling is interesting while every other country is buying, but that’s a big sale. The Ukraine war has really hurt them, and they don’t have the reserve currency so they can’t just print their way out of problems like we do. If Putin can’t do a deal with Ukraine, I don’t see how he doesn’t level them if he can, maybe he’s unable to do that. Maybe all these world leaders are actors playing on a stage for our consumption and they’re all in on a predestined world surveillance state.
As for pm’s, the things of old no longer work, rates are getting creamed today, the dollar is slipping, and it matters not. We’ll see if the EU is about to start a print fest on the other side of the pond. They’ve been reluctant before, but they are fighting for their lives now. Will it even matter?
Mr. Copper – with you on Iran, but we’re in it now, and we have no choice but to finish it. As for the globalists getting him into it, I’m not sure about that, unless you consider Israel part of the globalist cabal. Possible I guess, but it’s pretty clear now the US is a vassal state of Israel, we do what they say. They own enough of our politicians and influence enough of our elections to hold majorities in Congress.
@ipso facto re Iran giving up all their enriched uranium
What you said would be great. But I doubt it will ever happen. I think Iran was prepared for being attacked, and WANTED it, so they can show the world their power and at the same time, attack their pro American neighbors and US basses.
The deep state lives on, it did not die, and it does NOT like what Trump has been doing. We all know the stunts they pulled to avoid him being our leader. Including the spread of Covid.
Maddog @ 13:41
Wow what a surprise! Totally unexpected.
Mr.Copper @ 13:45
Good theory. If Iran comes out of this giving up all their enriched uranium and it doesn’t go on too long then we’re ahead of the game. If the Mullah’s can be ousted that would be a bonus!
Cheers
As Russia
has been a good seller for a while, no doubt the Algo’s have picked up on the selling and have shorted all the way down…..if the Ukraine war ends, so may the Russian selling….
@ipso facto re “He doesn’t think we should attack Iran”
Not one former president has ever attacked Iran probably because they did not want to reverse the 70 years status quo.
So my thinking is the deep state, somehow got the USA to attack, and ruin the global economy, and ruin the republicans and ruin Trumps anti globalization (or global socialism) or anti USA and that BS anti USA “free trade” agenda and those stupid wide open borders.
The Iranians are not stupid people, and my hunch on day one of the attack, I figured it was a mistake, and Trump should have INSISTED to wait until after the mid term elections, EXACTLY what the deep state did not want.
And how often did we hear that Iranians killed thousands of people. That is another load of crap. I Chated it and found out.
Me: How many Americans were killed by Iran. Be brief.
There is no single authoritative total.
- Since 1979: Hundreds of Americans have been killed by Iran and Iranian-backed groups; some tallies exceed 900.
- In the 2026 Iran war: The Pentagon reported 21 U.S. military deaths as of October 10, including noncombat deaths.
The historical total depends on whether you include attacks by Iranian-backed groups such as Hezbollah and Hamas.
Hamas: At least 78 Americans killed in terrorist attacks, according to research cited by the Soufan Group.
These figures cover different periods and are not necessarily complete

