There’s optimism and there’s also being dead wrong. I’m pretty sure I’ve been dead wrong far more often.
That being said, the Globalists are back in power, or at least everyone thinks they are, and that probably means a hostile Fed will suddenly become a friendly Fed.
I like the persistent recoveries we’ve seen the last couple of days. It just seems like we want to go up now. It appears that the SM and Bitcoin are done, and bonds and pm’s are in play.
Hopefully, this is our time.
I kind of like it! 🙂
Love your optimism!!!
I do struggle to see the glass “half-full” after all of these blatant manipulations for the last 25+ years…..
it may finally be our time.
Pretty soon, nothing else will matter, not the dollar, rates, oil or the SM.
They have every opportunity to smash us today and yet….
Something shifted, real buyers are coming in.
TheApeOfGoldStreet
@TheApeOfGoldST
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2h
Have you noticed how quiet it’s gotten around #Bitcoin lately?
Remember the last big push, when crypto accounts were trying to convince everyone that a massive rotation out of #Gold and into #Bitcoin was underway?
It was the biggest coordinated pile-on against gold I’ve ever seen. Thousands of crypto accounts throwing a collective tantrum because gold and silver were stealing the spotlight.
Bitcoin had already gone up something like 10 million percent over the previous decade. Then gold and silver had one great year in 2025, and the crypto crowd lost its mind.
How the fuck do you get that upset about being outshined for one year after a 10M% runup? 🤣 it just shows how few actually even have made money in crypto. Well that era of easy money will never return for Bitcoin investors, that ship sailed 10-15 years ago.
The future fortunes will be made in mining stocks. Atleast for the coming 10 years. With brutal swings in between.
WarMonitor🇺🇦🇬🇧
@WarMonitor3
Iran has threatened Europe with strikes if the US resumes strikes with Italy and Germany being the main targets due to their concentration of US bases.
What…
165K vs. 62K expectations. We should be getting hit much harder than this, yet silver is positive and keeps hanging around and gold down less than 1%.
The dollar is still screaming higher. Rates up some.
PM shares don’t look horrible. If we are able to pull off a win, that would say an awful lot I think.
This was definitely one of the stranger elections we’ve had. Hardly any campaigning that I noticed, at least on the national level. A lot here in Florida on the state level. Like I mentioned, it felt more like an appointing than an election.
Maybe there’s some 5D chess being played. I don’t know. About Texas though, I didn’t think there was any way Paxton would lose to Talarico. Paxton is well liked and a bit of an icon there. That one didn’t make any sense.
A lot of talk in the underground about yr election results…the Wall St Ape has an X post on it ……the numbers make no sense, especially in Texas….Millions of new unregistered voters that vote 94 % Dem……Nothing from Trump or his people…..my guess is they are tearing them apart and want to be as certain as they can be, that it was a monster fraud…..this looks way bigger than 2020 and was a fraud for sure.
https://x.com/WallStreetApes/status/2118357678171042151?s=20
The dollar is pretty strong this am, with oil flat and rates up a modest 2 bips.
It appears the action over here is going to take place when the jobs report comes out in a couple hours. I guess it’s going to matter to pm’s.
They’re trying to bounce tech, but I’m thinking it’s not going to hold.
PM shares are mixed in pre-market.
Flip a coin.
given that silver finished down and gold finished well off the highs and the dollar and rates were up slightly. Volume was better than avg. but from what I can tell, mostly in the shares that finished higher. There were exceptions, but for example, AG finished down on less than avg. volume, I find that to be interesting, especially on an earnings day. SLV finished down but couldn’t muster avg. volume. However, GLD, GDX, NEM, GFI all up with better than average volume.
Yesterday the HUI outperformed the QQQ’s by 5X, today it outperformed by 7X.
Jobs report tomorrow may matter or may not – definitely not a sure thing that we’ll get sold though.
IMHO, we’re getting close to pay dirt. I guess it could be a big head fake, but I also notice that Bitcoin is down almost $5K and rates and the dollar have turned south in the after hours while the SM futures continue to go south.
I think they already did that for the past decades. I read the Dinesletter since 1979 until he passed away recently.
He used to say, every massive inflation usually ends in a deflation. After 1929 to end the deflation (falling prices) they jacked up the gold price by 70% after they banned ownership. They lowered the dollar to get prices higher.
Plus I see everything in reverse, so the dollar should stop losing value and start gaining value, probably after going back on the gold standard.
what has been losing value are federal reserve notes. I predicted the reversal of globalization and the end of the Fed note on 9/11/01
Wheaton Precious Metals Announces Third Quarter 2026 Results and Record Year-to-Date Production, Sales Volume, Revenue, Earnings and Cash Flow
Record Financial Performance and Strong Balance Sheet
Q3 2026: $772 million in revenue, $410 million in net earnings and $645 million in operating cash flow.
Nine months ended September 30, 2026: A record $2.6 billion in revenue, record $1.5 billion in net earnings and record $2.1 billion in operating cash flow.
Declared a quarterly dividend1 of $0.195 per common share and made a quarterly dividend payment totaling $89 million.
Balance Sheet: Cash balance of $146 million and debt outstanding under Term Loan and Revolving Credit Facility totaling $1.6 billion, resulting in total net debt of $1.5 billion.
Repaid $372 million of the revolving credit facility during the quarter.
The Hormuz Letter
@HormuzLetter
·
52m
BREAKING: Trump says he may have to destroy all of Iran soon, and it will take them 25 years to rebuild.
“I would rather not destroy the rest of the country if possible, but maybe I’ll have to. You’ll know soon enough,” he said minutes ago.
“Now we’ll make a decision, do we want to go further and certify it. By certifying it, meaning it will never happen again. I think it will take 25 years to rebuild the country,” he added.
Two sources told Reuters a short while ago that Trump is now inclined to order major combat operations.
You may have called it on the nose. This may be the start of a BIG downturn, ala 1929. The difference being they’ll likely turn on the inflationary spigot much sooner.
I’m wondering if this may be the start of a repeat of the 1929 crash. If it happens things will get very affordable for people that still have incomes. I remember hearing about someone that bought three houses back then.
I think Trump got fooled, there was no big rush to attack Iran after so many decades of doing nothing. There was only one reason to do it before the election. To screw up Trump and the republicans, there was no other reason to rush it.
https://www.zerohedge.com/news/2026-11-04/elon-ready-fight-back
TSLA down near 12 % today….SPCX is down near 8 % ….Quote from Musk ‘Space based Data centers look very appealing right now’……Only 1 man can build and own Data centers in Space……and the Dems can’t do anything about that.
The Hormuz Letter
@HormuzLetter
BREAKING: Trump’s deal with Putin to import Russian diesel to the US is unraveling, with 3 oil tankers initially destined for the US now abruptly veering off course, per FT.
One tanker switched its destination to Brazil, while another has turned into the Mediterranean and is signaling “for orders,” meaning the cargo has no confirmed buyer or destination port.
A third tanker is also signaling “for orders.”
These are the same 3 oil tankers that were expected in the US around November 7-11, the first wave of cargoes.
It’s coming. Gold is breaking from the markets, silver will follow, gold shares break first starting now, silver shares not far behind.
That’s my optimistic outlook. 80% of my stocks are silver stocks. This is the best action we’ve seen all year, even though my portfolio is down. JMHO brother.
I think that earnings matter eventually. They are a piece of reality in an often disingenuous world.
If your company has a pipeline of funding from the gov … that is almost as good …