My View? Re Metals? US Dollar Manually Adjusted Up Since Early Dec
No sense looking at metals charts. Just look at the Adjusto/Dollar chart. When Trump gets in and announces USA Brexit, the dollar will get adjusted lower. Nothing is a coincidence.
As for the election? The status quo global invisible shadow gov’t that was in charge over many US presidents for decades? They are actually going AGAINST themselves for future benefit.
The same way fishermen and hunters obey bag limits for their own benefit. The status quo global powers redistributed too much USA wealth away to foreign nations, until the bottom fell out in 2008.
Kunstler today
The Odor of Desperation
It must be obvious even to nine-year-old casual observers of the scene that the US national election is hacking itself. It doesn’t require hacking assistance from any other entity. The two major parties could not have found worse candidates for president, and the struggle between them has turned into the most sordid public spectacle in US electoral history.
Of course, the Russian hacking blame-game story emanates from the security apparatus controlled by a Democratic Party executive establishment desperate to preserve its perks and privileges . (I write as a still-registered-but-disaffected Democrat). The reams of released emails from Clinton campaign chairman John Podesta, and other figures in HRC’s employ, depict a record of tactical mendacity, a gleeful eagerness to lie to the public, and a disregard for the world’s opinion that are plenty bad enough on their own. And Trump’s own fantastic gift for blunder could hardly be improved on by a meddling foreign power. The US political system is blowing itself to pieces.
I say this with the understanding that political systems are emergent phenomena with the primary goal of maintaining their control on the agencies of power at all costs. That is, it’s natural for a polity to fight for its own survival. But the fact that the US polity now so desperately has to fight for survival shows how frail its legitimacy is. It wouldn’t take much to shove it off a precipice into a new kind of civil war much more confusing and irresolvable than the one we went through in the 1860s.
Events and circumstances are driving the US insane literally. We can’t construct a coherent consensus about what is happening to us and therefore we can’t form a set of coherent plans for doing anything about it. The main event is that our debt has far exceeded our ability to produce enough new wealth to service the debt, and our attempts to work around it with Federal Reserve accounting fraud only make the problem worse day by day and hour by hour. All of it tends to undermine both national morale and living standards, while it shoves us into the crisis I call the long emergency.
It’s hard to see how Russia benefits from America becoming the Mad Bull of a floundering global economy. Rather, the Evil Russia meme seems a projection of our country’s own insecurities and contradictions. For instance, we seem to think that keeping Syria viciously destabilized is preferable to allowing its legitimate government to restore some kind of order there. Russia has been on the scene attempting to prop up the Assad government while we are on the scene there doing everything possible to keep a variety of contestants in a state of incessant war. US policy in Syria has been both incoherent and tragically damaging to the Syrians.
The Russians stood aside while the US smashed up Iraq, Afghanistan, and Libya. We demonstrated adequately that shoving sovereign nations into civic failure is not the best way to resolve geopolitical tensions. Why would it be such a bad thing for the US to stand aside in Syria and see if the Russians can rescue that country from failure? Because they might keep a naval base there on the Mediterranean? We have scores of military bases around the region.
It’s actually pretty easy to understand why the Russians might be paranoid about America’s intentions. We use NATO to run threatening military maneuvers near Russia’s borders. We provoked Ukraine — formerly a province of the Soviet state — to become a nearly failed state, and then we complained foolishly about the Russian annexation of Crimea — also a former territory of the Soviet state and of imperial Russia going back centuries. We slapped sanctions on Russia, making it difficult for them to participate in international banking and commerce.
What’s really comical is the idea that Russia is using the Internet to mess with our affairs — as if the USA has no cyber-warfare ambitions or ongoing operations against them (and others, such as hacking Angela Merkel’s personal phone). News flash: every country with access to the Internet is in full hacking mode around the clock against every other country so engaged. Everybody’s doing it. It is perhaps a projection o
technically speaking, the yellow flag is out, and I am no longer bottom-fishing in mining stocks at this time. RA]
Rick’s Pick for Monday
Is Platinum Warning Of a Market Crash?
Posted Sunday, October 16, at 6:08 p.m. ET
[Cam Fitzgerald posted the comments below in the Ricks’ Picks forum on Friday, but I am emailing them to all subscribers because his point — that the steep drop in platinum may be warning of a stock market collapse — deserves a wider audience. Cam, whose forum handle is ‘Farmer’, has made some prescient calls in the past. He is also the first person from whom I learned, years ago, that pesticides contained neurotoxins that were killing off the world’s honey bee population. Cam’s ‘platinum indicator’ could have bearish implications for gold as well, since price action in the former often leads the latter. In this case, platinum’s 22.5% plunge since mid-August has more than doubled gold’s 9.5% drop. This is shown in the charts below. For the record, Rick’s Picks‘ outlook for gold recently turned cautious due to the hard selling that has occurred so far in October. I haven’t given up on the idea that the powerful rally in precious metals begun early in 2016 is the nascent stage of a bull market that will run for years. However, technically speaking, the yellow flag is out, and I am no longer bottom-fishing in mining stocks at this time. RA]
Iraqi forces launch military push to drive IS from Mosul
KHAZER, Iraq (AP) — Iraqi and Kurdish forces backed by U.S.-led airstrikes launched coordinated military operations early Monday as the long-awaited fight to wrest the northern city of Mosul from Islamic State fighters got underway. But the battle is likely to be long and it was unclear when the troops would enter the city itself.
The fate of more than a million civilians trapped inside Mosul will also be critical as the battle intensifies in the days and weeks ahead amid concerns that IS could use them as human shields.
Richard640
Cheers…got the 3 rd one…Mny Tks….maybe same people after us as after Assange !!!!!!!
Good morning Oasis
Eric Sprott Announces Voting and Support Agreement With Respect to Proposed Plan of Arrangement Between Newmarket Gold and Kirkland Lake Gold
http://finance.yahoo.com/news/eric-sprott-announces-voting-support-214834581.html
Orosur Mining Inc. – Q1 2017 Results: Net Profit US$2.8M & Cash Operating Costs US$693/oz
http://finance.yahoo.com/news/orosur-mining-inc-q1-2017-060000848.html
Serabi Gold plc: Third quarter update on gold operations at Palito and Sao Chico
http://finance.yahoo.com/news/serabi-gold-plc-third-quarter-060701736.html
Sierra Metals Reports Record Third Quarter 2016 Production Results
http://finance.yahoo.com/news/sierra-metals-reports-record-third-110000024.html
Eloro Resources’ Acquisition of a 100% Interest in the La Victoria Gold/Silver Property Closes in Escrow
http://finance.yahoo.com/news/eloro-resources-acquisition-100-interest-110000103.html
Argonaut Gold Announces Q3 Production of 26,322 Gold Equivalent Ounces and Revised Guidance
http://finance.yahoo.com/news/argonaut-gold-announces-q3-production-110000711.html
Gold Resource Corporation Reports Preliminary Third Quarter Production of 6,066 Gold Ounces and 431,335 Silver Ounces Maintaining 2016 Annual Outlook
http://finance.yahoo.com/news/gold-corporation-reports-preliminary-third-113000538.html
Avino announces Q3 2016 production results
http://finance.yahoo.com/news/avino-announces-q3-2016-production-120000413.html
Golden Arrow Announces C$2 Million Program at Antofalla & Provides Corporate Update
http://finance.yahoo.com/news/golden-arrow-announces-c-2-123000706.html
Carolina Capital Closes Acquisition of the Madison Gold and Copper Mine; Announces TSX-V Approval of Name Change to Broadway Gold Mining Ltd.
http://finance.yahoo.com/news/carolina-capital-closes-acquisition-madison-130000461.html
Maddog–I sent u what u requested 3 times–did u get it?
Gold to Da Moon! Go Trumpy-!!
Assange
Taken off line by cyber Attack.
Clear night in FL for last night’s SuperMoon
Shot around midnight :
Spectacular !
Gold Train
Milwaukee 261 shows how to steam-clean cameras.
http://www.railpictures.net/photo/592749/