Loading ...As much as I take Jim Willie with a large grain of salt and as much as I despise his relentless pursuit of blockbuster pseudo headline stories…every now and then he comes thru with rational common sense. This, imho, is one of those times.
105.70 = 1 % in GLD and that is where we have just fallen back to
let’s see what the Scum do here….
R640….SM well up does “allow” PM’s to rally a bit….
Oil’s where they have it all wrong…’cus if the economy is so strong, why is Oil dirt cheap and getting cheaper….cheating is never easy.
Subjective
So … for the past few years I’ve been keeping an eye on the sky in my area of the Pacific Northwest. It’s often been hazy when it should be bluer and “contrails” didn’t seem to disappear but hang in the air. Now in the past few weeks the sky is much bluer … bluer than I’ve seen in ages and I haven’t seen any of the “contrails” which put haze in the air.
Have the genius’s in charge figured out that their “anti-global warming” operation is causing droughts on the west coast? I can’t say that but I will say that we’ve had showers lately and right now it’s drizzling a bit.
Has anyone else in this area noticed the same thing?
The Jackass advises not to spend too much time or energy convincing people who touch our lives. To be sure, spend some time, but after a certain threshold the time and effort is wasted. It can even be counter-productive. The people will defend their false positions more vociferously. The people will ostracize the rebel who sees it all too clearly. The effort itself wears down the person dedicated to intellectual pursuit and dedication toward good. My advice is not to worry about the ignorant and those in denial. These are very complex psychological factors at work. By presenting your case, you are disturbing their comfort zones. Let them have their faces ripped off. Let them lose their life savings. Let them face the slaughter house despite their compliance. Let them take up residence in a FEMA Camp. Let them take the infected virus vaccines. Let them have the RFID chip placed in their arms. Let them be subjected to strip searches at airports, and be exposed to radiation. Let them breathe the chemtrail toxic air. Let them drink the fracked ground water. Let them live in the California drought zone. Let them have their large savings accounts and CDs located in the big banks depleted by bail-in confiscations. Let them be tracked like farm animals with chips in passports, credit cards, and drivers licenses. The most fascinating aspect to the psychological factors in my view is not just for denial of the collapse in progress before their eyes, but the acceptance of the technological aids to make our life more cozy and convenient like a big family. Refer to the credit card chips, the convenience cards, the ID registries, the social networks like FaceBook and Google Plus, and the shared networks of personal data to aid in shopping pleasure. These are willing subjects to the fascist state.
The psychological factors will continue to be the subject of Jackass sideline observation. My personal disconnect with family and friends began in 2010 after several intense arguments. Let them go, that is the motto lived by. My personal peace of mind and freedom of thought is more important to maintain than to try to convince 5 others after failing with 95. That is roughly the estimated perceived rate of convincing the sheeple, a mere 5% success rate. Not worth my time anymore, as it is too late in the game.
Another key phenomenon to keep in mind is that the ignorance for the tragic fall into fascism and the creeping Big Brother state and the denial of conspiracy cut across all groups. The denial cuts across all age groups, all work sectors, and all education segments. Young, middle aged, and elderly all share the disease of denial laced with ignorance and laziness. Blue collar, white collar, and those in training all share the disease of denial laced with ignorance and laziness. Uneducated, secondary educated, college educated, and professionally educated all share the disease of denial laced with ignorance and laziness. The ignorance of Americans on matters of capital, money, fascism, and economics is astonishing. Witness the dumbing down of America, which as certain definable roots in the badly educated economics programs in universities. My brother has a Phi Beta Kappa Economics degree from a major university, yet knows nothing of gold, nor harbors any interest in gold, and has no curiosity of banker corruption or narco money effects. It is sad, but they must be let go, so as not to endanger the loyal Gold Sound Money advocate. The key wake-up call might be the bail-in bank account losses, or the installation of RFID chips on the upper left arms of the people. Not only do they enable fascist state monitors, but they cause cancer to the human body.
Biggest South African gold union rejects pay proposal
The biggest union in South Africa’s gold industry rejected a pay-increase proposal by the country’s largest producers, a lobby group for the companies said.
The National Union of Mineworkers, which speaks for about 52% of employees at companies including world No. 3 producer AngloGold Ashanti, and the Solidarity union rejected the offer, said Elize Strydom, chief negotiator for the producers at the Chamber of Mines. Most members of UASA accepted, she said.
“We will be meeting again next week for two days to communicate further,” Strydom told reporters in Boksburg, east of Johannesburg. The Association of Mineworkers and Construction Union, which is the second-biggest representative and also rejected the offer, will be present at the talks, she said. Three senior independent facilitators will lead the mediation on Aug. 12 and 13, the producers said in a statement.
Gold has dropped 9.2% since wage talks started June 22, touching a five-year low and hurting companies already contending with higher output costs. In the proposal that was rejected, producers cut the wage-deal term to three years from five and said they would increase basic pay by more than before.
more http://www.mineweb.com/news/gold/num-rejects-gold-pay-increase-proposal/
Good looking turn in NUGT today-highly unusual to see gold green 2 days in a row-plus volume is high =–but
friday started out like this too…let nature take its course…if it don’t fit don’t force…let’s re-evaluate at the 4pm finish line…one thing I don’t like is that this rally got a “permit” to be held because stocks are rallying round the globe and everything is all right…
Maya @ 3:25
Been quite a while since the pound was actually a pound of silver. I think Downton Abbey was a going concern then. 
Good morning Oasis
Fortuna Reports Consolidated Financial Results for the Second Quarter 2015
http://finance.yahoo.com/news/fortuna-reports-consolidated-financial-results-234910145.html
Marathon Gold Announces Q2 2015 Financial Results
http://finance.yahoo.com/news/marathon-gold-announces-q2-2015-110000167.html
Wesdome Gold Mines announces second quarter financial results
http://finance.yahoo.com/news/wesdome-gold-mines-announces-second-120000993.html
Teuton Resources Corp.: King Tut, Tuck and Silver Crown West Properties Optioned to Pretium Resources for $1.8 Million in Cash Payments
http://finance.yahoo.com/news/teuton-resources-corp-king-tut-123000945.html
water
water is essential to life because you can’t make coffee without it.
NUGT 10 X 1 split
August 7, 2015, 5:29 P.M. ET
Direxion Announces ETF Splits: 3X Bullish Gold Miners to See 1-for-10 Reverse
By Chris Dieterich
Leveraged exchange-traded fund company Direxion Investments announced reverse splits in six of its geared ETFs on Friday, including a popular play in gold miner stocks.
The Direxion Daily Gold Miners Index Bull 3X Shares (NUGT) will undergo a 1-for-10 reverse split that takes effect at the opening bell on Sept. 10. Holders get one share of the ETF for every 10 they own.
That’s no surprise. Falling gold prices have pushed down this ETF a whopping 72% this year: it trades at just $3.15 a share, down from around $11 at the start of the year.
Splits and reverse splits are forms of housekeeping by ETF providers. The splits will not change the value of a shareholder’s investment, but traders don’t want a fund that’s too pricey, or too cheap.
While spits are generally a wash economically, fractional shares that can lead to unplanned gains (or losses) and, thus, unplanned tax events. This blogger noted the phenomenon in theBarron’s print segment a while back.
commish @ 21:51 – I’ll vote for that!
I would break my “no voting” policy for that one.
Gold Train
Monday morning market mover…Art-Deco streamlined steam. It’s a beauty!
http://www.railpictures.net/viewphoto.php?id=532882
http://www.railpictures.net/viewphoto.php?id=537260
ipso facto @ 20:23 – £
There was a time when the “Pound Sterling” was just that… 16 ounces of Sterling Silver, .925 fine. At $15/oz. for silver, that puts the present value of a (physical) ‘Pound Sterling’ at $222. You can do the rest of the math… I can’t believe I’m up at this hour!
Silverngold
Autism in 1980, 1 in 10,000. Autism now 1 in 68 and in males 1 in 48.
Contaminated viruses cause paralysis.
As Enterovirus D68 Deaths Increase, Are Vaccine Contaminants to Blame?