head and shoulders patterns might mean for the price per ounce of silver and gold as we move forward in time. It is difficult for me to develop any strong convictions based on technical analysis in the manipulated physical PM market. Adding to my problem with TA is Equisetum’s concept of what a head and shoulders should look like. If this pic is what head and shoulders is supposed to be, then best I stick with so-called fundamental analyses of our PM holdings. Sometimes it is hard to know whether our holdings are going to go up or down.
The walmart tunnel story is so bogus
It’s comical. Do you know how much dirt would have to come out of the dig sites? To add insult to injury think about the whole west. It’s rock. Think about ground water, tunneling under rivers too. And all 3000 miles were dug and it was all a secret, no one leaked a it of information….sheesh what BS. Not a single bit of infrastructure was damaged such as power, water or internet cables…magically it was all missed. And ramps in and out of tunnels. Again an insult to anyone that has a thread of technical knowledge and how to. I think subject matter like this is completely distracting from the real world issues at hand. Spread the BS on thick
MM
Eatcher heart out.
Auandag, the transplanted Yankee you encountered is an Albert Pike descendant. Hah, SnG hasn’t got anything on me…
http://vigilantcitizen.com/sinistersites/sinister-sites-the-manitoba-legislative-building/
edit, now we all know where those tunnels from Walmart lead to!
commish, 19:25, I don’t know where the Jade Helm emblem came from but it sure looks like the sword could be a missile with two broken arrows…
Now I shouldn’t have to decode the term broken arrow but I’m still leaning to a Nukes of Hazzard scenario for the final sheep shearing.
ipso, The Doors, I’m impressed. I thought all you listened to was Do Wap. Oh, now I get it, your full bowl is now legal in Warshington…
Auandag, thanks for that posting at 19:06 about the Winnipeg encounter.
Although some might want to dismiss it as a meaningless opinion because it is just from one individual, rather than a consensus opinion from a pollster, like you I take seriously the family reasoning behind the decision taken by the gentleman you spoke to in Winnipeg. Such a decision to leave the United States would not have been taken lightly, and I take it as another indicator of things to come. Best wishes. Equiz
Democrats try to halt secretive TPP trade deal while Obama and Republicans push for passage
The TPP trade deal is a threat to all Americans. It hands powerful corporations global monopolies on seeds, medicine and more.
Many fear the TPP could criminalize seed saving, medicinal herbs and superfood supplements. Strangely, Republicans are allied with Obama on pushing this secretive TPP even though we’re not allowed to know what’s in it! Democrats, led by Sen. Ron Wyden, have halted the effort for now, thankfully. They’re engaged in political combat with Obama to try to stop the TPP before we all lose even more freedoms in America: |
True story
I went into Winnipeg to do some shopping. While shopping for building supplies, I started making small talk to a younger employee who told me he and his wife had recently emigrated to Canada from the US. I welcomed him here and asked him why he left the US. He became very emotional and told me that there was no future in the US and that the US dollar was going to collapse. After further conversation, he then told me his father was in the military and told him to get the hell out of the US. Except for a few friends and relatives, most people here don’t have a clue. Even myself, I get caught up in the daily goings on of life and start to think that the party will keep on forever. Then a chance encounter brings you back to reality!
Who knows
Oil’s Not Coming Back. Here’s Why
Oil bulls who’ve cheered a rebound of 40 percent from a six-year low should take heed: Unless demand accelerates, the rally is in danger.
The omens aren’t good. The U.S. government expects global consumption to grow next year at less than half the rate of 2010, when the world was emerging from a previous recession. The growth is insufficient to close the gap with rising supply, according to Royal Dutch Shell Plc, Europe’s biggest energy producer.
The last time oil crashed, during the 2008 financial crisis, China’s appetite for commodities seemed insatiable, and powered prices higher. This time, Chinese fuel use is growing at half the rate of the past decade, and sliding U.S. shale output could reverse as prices rise, smothering the gains.
more http://finance.yahoo.com/news/video-oils-not-coming-back-052550640.html
samb, Ipso
Well, seems to me we’re going to have to break up and away from $1220 and run for a few weeks or months for this to be an uptrend. All I’m seeing is pretty much a sideways, tight range in both the metals and the shares and right today we are near the top of the range on both.
Sooo….we’ll see what happens in the next couple of days.
I’ll believe it when I see it.
ororeef 13:20
Christians.
Hear! Hear!
Well said.
BG1 Today wasn’t too bad but I’m ready to break on through to the other side! :-)
Scorpio Mining Reports First Quarter 2015 Financial Results
http://finance.yahoo.com/news/scorpio-mining-reports-first-quarter-200000949.html
Ecuador’s leader says no more tweaks to mining tax law
http://finance.yahoo.com/news/ecuadors-leader-says-no-more-202750576.html
Luna Gold Announces Results for the First Quarter 2015
http://finance.yahoo.com/news/luna-gold-announces-results-first-203000034.html
Alexco Reports First Quarter 2015 Financial Results
http://finance.yahoo.com/news/alexco-reports-first-quarter-2015-210000573.html
BG1@ 15:57
Beg to differ my friend. This is an uptrend that still has a way to go yet. I’m not playing it with calls..,just sitting in cash. Sold the puts late but, no loss. In SLW puts at $108, sold $112. Other batch in at $ 1.45 out at $1.54. A couple of steak dinners but, at least no loss. I got stubborn because I felt that the last bottom was pre mature based upon BS Fed Speak. The Inter Cycle high to beat now is $1295 (weekly) I don’t think that $Gold will even come close but still this uptrend is not a one day event IMHO.
if he’s following marty
He’s a deadender too
Alex Valdor
Hate to say it but I think your instincts to buy DUST are probably right on the mark. This is just the upper end of a very tight range.
There’s nothing to indicate that gold will break up here to $1300 and certainly nothing to indicate that it will break down to $1000
Judging by the action in the shares I have to think we start heading back toward 1180 tomorrow. It would be a surprise if we did anything else.
Alex
I’m guessing we’re having a reaction to the dollar and supposedly good news for the Euro temporarily anyways. Edelson I noticed follows Armstrong. I just watch Armstrong lol
dude eagle eye
Rambus is always right. He makes people millions. Or maybe not. Prolly have better luck dropping them money at a roulette table on black or red
WANKA 12:38
I with you on that — the “Founding Fathers” were, for the most part, the good guys.
But I am convinced that all governments here, starting with the US Government, are private corporations masquerading as constitutional governments. And that almost all laws are civil/commercial law, which, for the most part, do not apply to us as human beings. There are a few “true” laws, but, of course, those are not being enforced as they might apply to the thieves, er, public servants themselves.
Goldielocks – I agree
This is not a significant breakout to the upside , in fact I added to DUST this morning . But I did not sell Allied Nevada , LOL – too late for that .
Edelson insists that we will see sub-$1000 gold before we see $5000 gold . Fleckenstein says that until there is a major reset to the public complacency and trust in the FED , one is better on the sidelines . I do not have enough discipline to sit and wait for that to happen , so I pay with bloody noses .
RAMBUS – RAMBUS
Tops & Bottoms are the most difficult part of the market & where the most money is made or lost
Unfortunately I did not see the chart quick enough & I got all BULLED UP
Bot whole bunch of SLV Leap Calls Options
I didn’t realize that we were going back to the 1980 high (35 year backwardization)
The last 6 yrs the Debt went from 9T to 18T Dollars, does that mean the debt is going back to 9T?
But what the hey do I know
Alex
Next resistance and last before about 1300 is 1220. Still in downtrend mode with bounces. Just a IMO
Christians
will bring up their big Guns…the Arch Angel Michael who will SLAY the Beast and throw him into the Fiery Pit for another thousand Years !
Good riddance ! God , Gold and Guns shall prevail ! because they represent Morality,Purity and Strength !