Posted by Moggy
@ 15:35 on March 2, 2017
I’ve enjoyed our dialogue.
However, a retrograde Jupiter is, and has been, transiting the 10th house of the U.S. horoscope (government) indicative of problems in judgment by those at the top, including our beloved Trump. The fact that McMasters was named as that retrograde Jupiter was square the U.S. Mercury (intelligence) in Cancer (domestic affairs) in the 8th house of mortality…gives me pause…and so, despite McMasters’ glorious service to the country, and until he proves himself, I shall maintain my skepticism.
Posted by Farmboy
@ 15:32 on March 2, 2017
Since I did not get the rebound in the PM’s today, (miners in particular), I just doubled down on the JNUG. If tomorrow does not bring relief in the pricing of the miners, here is a list of things I will need:
More coffee
Flour for biscuits
Bacon
Some of those Lil Debbie double fudge chocolate cakes
Cigs
Dog Treats
and if tomorrow brings another knock down of today’s magnitude, a case of those Adult Diapers.
Other than that, I am in pretty good shape. 🙂
Posted by Maddog
@ 15:18 on March 2, 2017
Posted by Mr.Copper
@ 14:48 on March 2, 2017
When Silver got above $18, technically that was a good sign. It even got up to $18.50. And all of a sudden its down to $17.79? -3.8%
Similar thing with Gold. It finally got above $1250 even up to $1260, and suddenly its down to $1232. -2.2%. Well? Maybe 3.8% and 2.2% lower isn’t so bad.
But the shares are WAY off the highs. On average 30% lower, but still about 20% over the Dec 23rd lows. So roughly speaking a 3% move in spot makes a 30% move in shares. A 10% move for each 1% move in spot. Its called leverage. On the value of the reserves still under the ground.
Posted by Maya
@ 14:42 on March 2, 2017
What?! Now I gotta pay off your gambling debts, too?
I’m not here…
Posted by Maya
@ 14:25 on March 2, 2017
Well of course it’s a bubble… so is the stock market. It’s just that Bitcoin is hard to manipulate like all the other paper games, and bitcoin gives a true reading of the madness of crowds (Elliott wave). There’s many more Chinese that want some. And it can be traded for gold.
BTC $1,267 now
http://www.coindesk.com/price/
Posted by goldcountry
@ 14:25 on March 2, 2017
What you posted originated in the New York Times. Your ‘direct quote’ is attributed to a nameless source. A nameless source is worthless. The quote may be taken out of context, as is frequently done. Or it may be entirely invented! And even if the quote is exactly right, it does not imply the many things the New York Times has claimed, such as “rejecting a key ideological view” of the Trump administration.
Here is another gem from the Times article: “Wearing his Army uniform, General McMaster spoke to a group that has been rattled and deeply demoralized after weeks of upheaval, following a haphazard transition from the Obama administration and amid the questions about links to Russia, which swiftly engulfed Mr. Flynn.” The entire article is more of the same spin.
Posted by goldcountry
@ 14:12 on March 2, 2017
Exactly! and in an effort to keep my blood pressure down, I studiously avoid most media these days. I trust Trump. I also know that we can never know what’s going on behind the scenes. The media lies. Nameless sources are worthless.
But this analyst, Thomas Wictor, has really helped me understand the game being played. Understanding it, I can relax more and pay no mind to all the phony stories. Because you’re so right, the dems are just not going to stop.
This article will also help you feel better about Flynn. Snip: “Flynn was not fired against his will. For some reason people don’t understand that. I’m very surprised. Do you not grasp that Flynn CREATED this operation? The position of National Security Adviser is almost ceremonial. When the leaks began in September of 2016, it was FLYNN who crafted this sting. He hasn’t been sacrificed. Instead, he’s working behind the scenes to root out corruption in the IC.”
http://www.thomaswictor.com/leakers-beware/
Posted by Maddog
@ 14:06 on March 2, 2017
http://www.zerohedge.com/news/2017-03-02/snap-ipo-opens-24-almost-three-times-size-twitter
This is the madness the scum are protecting…A Co that has never made a profit, with a business plan that virtually guarantees it never will….
Posted by Moggy
@ 14:00 on March 2, 2017
First, I did not apply “unfit” to McMaster, the writer of the article did. Second, I am aware of his service record, which is excellent. Third, a direct quote from the man does not constitute a false report, why do you insist upon continuously using the phrase in context of this conversation?
Nevertheless, unless his label “radical Islamic terrorists” means that all those who follow Islam are terrorists (whether they be passive or aggressive), and the “radical” part should be dropped then his objection to the phrase can only mean that he doesn’t stand with Trump and Bannon on the issue of Islamic terrorists. And I do not trust anyone who does not stand with Trump.
Posted by Farmboy
@ 13:55 on March 2, 2017
and Moggy posted a video a couple weeks back of an Interview with Catherine Austin something or other that laid out how the Democrats would attack Trump by attacking his Lt’s. So far, that is exactly what is happening with almost every Trump appointee. A smear campaign using the lapdog media.
One of my disappointments in Trump was how quickly he folded when Flynn was attacked. I think it sent a message to others that might work for Trump. Several good choices have since withdrawn their names from serving under Trump. In my opinion, Trump needs to stand behind his selected ones and not cave so easily to the media bashing and innuendos. The folks he picks for prominent positions need to know he has their ‘six’.
The dems and media are going to play hard and dirty. Its going to be a long four years. Just my two cents.
Posted by Farmboy
@ 13:42 on March 2, 2017
How about I ask Maya to send you a months supply of that Hawaiian coffee and return your ‘borrowed’ fuzzie slippers ?
Come to think of it, since Maya is retired and mostly up to nothing these days, I think he should pick a couple pounds of coffee beans for each of us Oasis dwellers. If I can get Wanka up from one of his naps, I am sure he would cover the shipping cost. 🙂
Posted by goldcountry
@ 13:40 on March 2, 2017
Because McMaster objected to the label “radical Islamic terrorists” in a meeting certainly does not mean he is unfit to serve. Did you read the article I posted on his service record? I think that counts for a lot more than rejecting a label. He is a pioneer for having deeveloped the successful strategy now used in the Middle East. I would add that there are so many false reports flying around attributed to “sources” that I mistrust them all as gaslighting.
edit: Also, looks like the original source of the story you posted is the New York Times. Need I say more?
Posted by Farmboy
@ 13:39 on March 2, 2017
I appreciate your providing insights into these markets that I don’t have, or can keep up with. Knew something ‘abnormal’ was going on but did not know why.
On a different subject, I have been trying to keep up with the situation in France. Seems things are looking good for a Brexit type vote this Spring.
Things are getting exciting these days. Power to the People ! Let’s take our Countries and Governments back !
Posted by Auandag
@ 13:38 on March 2, 2017
Posted by Maddog
@ 13:33 on March 2, 2017
Posted by Mr.Copper
@ 13:14 on March 2, 2017
Roger those. On the positive side, AU AG and most all miners are still above the Dec 23rd low. Sooner or later, the “worm will turn” from fantasy to reality. Like a glass of cold water thrown in their faces. Us Goldbugs had the same rocket action as the Dow for 6-8 months starting Jan 2016.
Posted by Maddog
@ 13:07 on March 2, 2017
just as London/Europe closes.
scum ain’t dicking around…there has been the non stop GDX seller for days now and now they have dug up 4330 tonnes of AG…..yup read that again 4330 tonnes….if they ever had to deliver it …fat chance.
They really should just stop pretending that there are free mkts and just announce that the Dow will go up 0.5 % every day and Au will fall 0.5 %/day.
Mind you they have got one hell of a problem brewing in the Bond mkt….odds are the 30 yr Bear is dead…rising rates will kill their mad games.
http://www.zerohedge.com/news/2017-03-02/silver-collapsing-massive-volume
Posted by Farmboy
@ 13:06 on March 2, 2017
Here is my thinking. Floridagold’s 10/20 cross is a reliable tool for trading these PM Stocks. My other thinking is that I pay for car insurance, home insurance, life insurance etc, etc. Why not keep a little Jung and Jdst ‘insurance’ for days like today? Since I am not any good at picking highs or lows, or knowing what tomorrow may bring, both trading tools have kept me from major losses.
I don’t know, but it seems to work for me. The downside is, I have to stay tuned to the trading screen. It really is messing with my pool time. 🙂
Posted by Buygold
@ 13:05 on March 2, 2017
Agree on McGuire. Interesting blather but I’m not sure he’s ever been right about anything.
All the gold gurus should just shut the heck up. They are useless.
Posted by Buygold
@ 12:59 on March 2, 2017
Earnings always hurt miners but if they’re bad they destroy them.
Oh well, the never ending nightmare continues.
This is already ugly and just going to get worse.
Posted by Mr.Copper
@ 12:59 on March 2, 2017
These AU AG price drops and dollar bounce don’t make any sense. One of these days, the wrong thing will hit the news, and the Dow and the SnP will crash like we have never seen before. I think David Stockman is right. The market is running on hopeium. Some people will become millionaires when it crashes, like the guy that knew real estate would crash, and shorted something in a big way.
Here are a few thoughts re Dow SnP:
1. Buy backs are declining similar to “07
2. Insider selling is 11 to ! over buying
3. Margin debt is at record highs
4. S&P trailing PE is 25
6. DOW trailing PE is 29
7. Bullish sentiment is over 60%
All of these are characteristics of highs in ’87, 2000, 2008.
Posted by Farmboy
@ 12:55 on March 2, 2017
May I suggest an improved and upgraded version of your weed wacker to clear the tracks?
Ps) makes for a quick warm up for the coffee cup !
Posted by commish
@ 12:53 on March 2, 2017
New Interior Secretary Ryan Zinke road his horse Tonto to work this morning.
Posted by deer79
@ 12:47 on March 2, 2017