All haoles NAZI since they are of European descent.

So trap doors away soon I’m sure. It’s like picking off ducks. We’re easy aiming folks

the reason why Georgia Boyz don’t drive to Californica is more of a lead problem.

Re Rates

A mate of mine was taught classic banking, back in the ’70’s. He says this super low environment, along with QE/Easy Money was only ever to be considered in an extreme situation and only for a short time until, the problem was resolved.

Here we are 8 plus years later and they are still at it, my mate now says the only way to resolve the situation, as it has now become way more serious, is to revalue Gold, north of 10 K….he is long loads of JNUG and buying more.

Hawaii Restaurant Bans Trump Voters: “You Cannot Eat Here! No Nazis.”

(Sigh!)

It is good to be out of the big, crowded, crazy city.  Local businesses out here in the country are grateful for ANY business .

California Man Arrested, Charged With Driving Under The Influence Of Caffeine

God knows what they would do to a Georgia Farmboy who also had Red Bull in his system!

President Donald Trump: ” Welcome to the Oval Office Ms. Yellen. Don’t bother taking a seat, this wont take very long. In reviewing the past 100 years of your agency it has not performed as hoped has it. When we gave you the right to print our currency the dollar was worth a dollar. So sad, you have done so much damage to it’s value. America is quite capable of printing it’s own currency and managing our own financial affairs, and frankly, I think we can do a much better job. The Secret Service will escort you to your office where you will have two hours to clean out your personal items. Thanks for dropping by. “

They al made their “brexit/trump/election splash”. They all seem stuck in a choppy lateral motion lately. That’s my opinion. 🙂

Parts:

Since December 15, 2016, the Company has purchased 545,977 common shares at a weighted average price of C$4.56 per common share.

Vancouver, British Columbia — December 28, 2016 Sandstorm Gold Ltd. (“Sandstorm” or the “Company”) (NYSE MKT: SAND, TSX: SSL) is pleased to provide an update regarding activity under its normal course issuer bid (“NCIB”) as well as exploration and development progress at a number of assets underlying the Company’s streams and royalties.

http://archive.fast-edgar.com//20161228/ATZZRQ2CZ22BBZZB222J2ZZZB2JMZZRRZW82/

Maddog – NEM is definitely the tool of the scum. Seems like there’s been some steady accumulation in GDX this morning though.

Ipso – will be really interesting to see how he handles Yellen and the Fed.

Those interest rate rises are sure the conundrum. The current regime kills banks, savers and pensioners … if they keep raising it kills the housing market and the interest on the national debt becomes unpayable. They should never have put rates so low!

My solution for us serfs … g+s and hide in a hole somewhere.

PS If Yellen doesn’t do what Trump wants she’ll be replaced … which may happen anyway. I think the Fed will bow to Donald’s will, at least to some extent. We’ll see …

Cheers

My simple view is Gold following along with the Euro for a long time now.

Gold down since mid ’16:

http://finviz.com/futures_charts.ashx?t=METALS&p=w1

Euro started dropping a month earlier:

http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1

Click on the monthly button and you can see both started dropping after 2012.

“Anyone would think, he was one of the greatest Presidents of all time !!!!!!!”

LOL You won’t find many here that think that!

The question is: Will Trump kill the rig? I certainly hope so!

Cheers and Merry Christmas!

I guess the Scum are waiting til Friday to take out 20K, just to show how easy it is.

I see someone aka the Scum are all over Nem again…..gotta slow that Hui down !!!!!

No way, no how housing or US Gov’t debt can withstand higher rates. Would be hard to believe the Fed will be accommodating to a Trump administration. He has a big problem when it comes to rates and debt.

re Kunstler

As I keep saying, the mkt would have trashed Bathouse, absent the Rig. As it is he leaves with the Dow probably north of 20K, the Dollar King of the World and PM’s in the outhouse.

Anyone would think, he was one of the greatest Presidents of all time !!!!!!!

Doesn’t look like we’ll have to suffer through 20K today. VIX is actually up a little.

USD is uber strong again. Surprised the shares aren’t getting smashed yet.

Rising interest rates starting to bite?

By Barbara Kollmeyer and Barbara Kollmeyer

Published: Dec 28, 2016 9:43 a.m. ET
Predictions? Who’d have ’em after 2016’s wild moves.

Check out the 2016 Financial Market Awards handed out by A Wealth of Common Sense’s Ben Carlson. Among them “Biggest Round Trip: Gold miner stocks.”

Carlson offers up the “amazing” chart below that shows the ride to the top and down again for one triple-leveraged miners ETF JNUG, -3.85% . By the numbers, the fund was up nearly 920% by late August, but has since lost 87% of that. It’s now up over 40% for the year.

A Wealth of Common Sense
That brings us to our call of the day — a prediction about precious metals. It’s from Lamoureux & Co.’s Yves Lamoureux, who thinks he knows how 2017 will roll out for those plays.

“Both gold and silver will go down for the first half then move into a new bull market that will last well into 2020. This is the way the market shakes off the last remaining weak hands, prior to resuming the bull trend,” said Lamoureux in emailed comments.

“Where most turned bullish in 2016, in reaction to higher prices, we did not. Our view was and is that the bounce was an echo bubble of the prior bubble,” he said.

One reason is that he says rising real rates will “kill precious metals.” So for silver SIH7, +0.16% , he says expect lower teens in the first half, while he’s still sticking to a gold GCG7, +0.05% target of $850 an ounce, which he’s held since February.

Note, gold could mark the first rise in 8 weekly sessions if the positive momentum we’ve seen thus far has legs. This year, the commodity is on pace to have halted a multiyear decline, in what some say has been a “pivotal year” for precious metals. Others say investors are riding a downward “slope of hope.”

Gold has slumped since August, but it still is around 7% higher as the year winds down, while silver SIH7, +0.16% has fared even better with a 14% gain.

http://hosted.ap.org/dynamic/stories/L/LT_VENEZUELA_UNDONE_PROFITING_FROM_HUNGER?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-12-28-01-09-52

snip

Finally, in foreign affairs, there is Obama’s mystifying campaign against the Russian Federation. The US had an agreement with Russia after the fall of the Soviet Union that we would not expand NATO if they gave us a quantity of nuclear material that was in danger of falling into questionable hands in the disorder that followed the collapse. Russia complied. What did we do? We expanded NATO to include most of the former eastern European countries (except the remnants of Yugoslavia), and then under Obama, NATO began holding war games on Russia’s border. For what reason? The fictitious notion that Russia wanted to “take back” these nations — as if they needed to adopt a host of dependents that had only recently bankrupted the Soviet state. Any reasonable analysis would call these war games naked aggression by the West.

Exit, Hope and Change

kicking that ladder out from under me the other day. Now all my shirt sleeves are about 4 inches too short. 🙂

Thanks for the coffee, now just hang up that hammock and lets get this train rolling !