Here I was feeling sorry for self since I have only been back in the markets a few months. I went into shock when looking at the prices of PM stocks and had to grit my teeth while nibbling at a few of them at near 52 week highs. Thankfully, I held back most of my cash, just in case we got a correction. So I nibbled a bit more today. I figured the rest of you had enjoyed the 500% run up in the stocks this year and were sitting on a comfortable cushion and feeling little or no pain.

I doubt this slap down last very long. In fact, this has been so bizarre, something tells me the Fed is front running the Yellen speech for some reason known only to them. ?? By friday or monday we should have our answer. The thing that puzzles me the most at the moment is the lack of follow through during the overnight Asia trading. I am a bit surprised they are not going bonkers over these cheap prices courtesy of Crimex. In fact, that is a much bigger mystery than what Yellen has to say. Finding it very strange indeed.

We watch, and wait, and do a little fishing as we can.

Thanks for nothing! 😉  I hadn’t followed the market today and sneaked a peak at the old portfolio after seeing your post.  Like an accident you can’t look away from, I guess.  Wow.  Between today and yesterday and whatever other down day(s) we’ve had recently, it’s positively breathtaking how bad it can be in such a short time.  It never seems to go up as quickly as it can drop.  What bothers me most is not that it’s permanent damage; I never lose faith in the final outcome, but the fact that I could have bought more at the lower prices (usually not long after I paid higher prices).  I know everyone here has had the same experience, but it never loses its sting.  Damn.

But I did pick up a little more Mux and GPL today. Nothing like having some dry powder, or using some of the bankster money from SDOW winnings. That seems to help ease the pain a little, and trying to stay focused on where I think the PM’s will be in a few months. Time to take out a few longs for Dec. Things should get interesting after Nov 8th.

Thanks for the shout out. Was starting to worry about you. Thought Wanka had you locked up in the garden shed or something.

Take care, and dont be such a stranger, Best, Farmboy

I dont see how he could turn down such an exciting adventure. I think I will start digging out the BBQ pit now. Or if the hog gets Ipso…..but lets think positive.

Bravo !!

Hope things are well.

Pretty ugly out there this week for the good guys. Makes me wonder if Yellen will be uber Dovish when she speaks on Friday up here in my parts in Jackson Hole, WY. and they have to smack us down before the speech starts.

As usual, who the hell dumps 10K contracts in 1 min. or 1.5 Billion notional in a few minutes?

The games are still on. NUGT starts to get interesting again around 100

Best

His voice is a totally contrived, studied, phony blend of arrogance, fake aristocracy, haughtiness, superciliousness, elitism, royal tonality, superiority, and condescension. It is as if he concocts it in front of his bathroom mirror to get it right … it is completely contrived and fake, and self-engineered to make him look superior. I can’t listen to him any more … my gag reflex can’t take it.

http://investmentresearchdynamics.com/guest-post-the-human-stain/

Seems Ipso is always a little hesitant to participate when animals are involved.  Fall is almost upon us and wild hog roping time will be here. Maybe he will come on down and get in a little lasso time. On second thought, he could walk down the creek carrying a bag of corn, and when the hogs start chasing him, he could run under the overhead trap and trip it. Hope he doesn’t stumble!

rno

Almost all sinkholes are caused by underground water movement. Underground rivers erode out soft rock such as limestone until a hole develops and surface water runs in. Irrigation also causes sinkholes when water is pumped out and the ground collapses into the void. Underground mining also causes sinkholes.

Fracking involves a six inch hole in the ground and cracking the rock formation around it. It happens several thousand feet below the fresh water area.

Rno

Four Iranian vessels ‘harass’ US Navy ship in Strait of Hormuz, official says
http://www.foxnews.com/world/2016/08/24/four-iranian-vessels-harass-us-navy-ship-in-strait-hormuz-official-says.html

Phone.. Maybe..

Spokes person defending unconstitutionsl Sharia. That wouldn’t surprise me coming from CNN, but what does is she’s gay. Just another corporate puppet with a death wish.

http://www.uschronicle.com/taking-liberal-stupidity-new-level-gay-cnn-host-tweets-support-sharia-law-internet-responds-fbn/

American University in Afghanistan under siege by gunmen; White House condemns terrorist attack
Posted at 6:02 pm on August 24, 2016 by Brett T.
At least one person has been reported dead and more than 20 injured during an attack on American University in Afghanistan. Many students and professors have managed to escape from the building in Kabul, which has been under siege by gunmen for hours.
The attack reportedly began with a suicide bombing, followed by the sound of gunfire as people in the building took…
http://twitchy.com/brettt-3136/2016/08/24/american-university-in-afghanistan-under-siege-by-gunmen-white-house-condemns-terrorist-attack/?utm_content=buffer68a8f&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

maybe its the I phone your using? best wj

Soros,  behind Pope. Guess some of them can be bought too.
Leaked emails through WikiLeaks reveal that billionaire globalist George Soros – one of Hilary Clinton’s top donors – paid $650,000 to influence Pope Francis’ September 2015 visit to the USA with a view to “shift[ing] national paradigms and priorities in the run-up to the 2016 presidential campaign.” The funds were allocated in April 2015 and the report on their effectiveness suggests that successful achievements included, “Buy-in of individual bishops to more publicly voice support of economic and racial justice messages in order to begin to create a critical mass of bishops who are aligned with the Pope.”

The monies were granted to two US entities that have been engaged in a long-term project, according to the report, of shifting “the priorities of the US Catholic church.” Grantees were PICO, a faith-based community organizing group, and Faith in Public Life (FPL), a progressive group working in media to promote left-leaning ‘social justice’ causes. Soros has funded left-wing causes the world over and was just found to have been funding an effort to eliminate pro-life laws around the globe.

http://dailyteasip.com/breaking-leaked-e-mails-show-george-soros-paid-influence-bishops-popes-us-visit/

wj

That Wikileaks lawyer has been found dead. A person was also caught trying to sneak in the place he is staying.

Hillary who gets help from Soros who is probaby still mad about losing in WW11 and probably some of the profits he got off selling the family’s that were sent straight to the gas chamber. Probably some of his loot  got confiscated from him. Now Hillary  openly admits they’re getting blood money from him. Like one sociopatg to another. Then lying Hillary think I heard she’s trying to  spin on MSM the leaks about her rigging the nomination like with Soro’s no shame about it teyimg to link Russia with Trump insinuating their helpimg Trump. Never mind her own DNC worker who found out and leaked it to Wikileaks then after found shot to death. Then Hillsry hinted Assamte should be dead too. MSM appears to be gong along with it. That’s not to mention trying to blame Powell for using her private server for classified information when he apparently meant only for private emails. We all know she was doing it so they wouldn’t catch on to her pay for play scams. Yet they still let her run for president. Now she’s even on FBI watch lost by insiders leaking info along with Snowden. And as usual traitors like Obummer aiding Iran and Killery go on while congress stands around like they’re their bitches.

One thing troubling about this site is  it jumps around so when you go to hit something it moves on you and you wind up hitting something else like the more link or other changes.

(more…)

A Gold Standard “Comes After War, Not Before”

“The Private Sector Will Never Recover”

…and the selling continues.   Over 10,000 contracts dumped in 1 minute… “normal”

http://www.zerohedge.com/news/2016-08-24/someone-just-puked-15-billion-notional-gold