http://www.businessinsider.com/us-attack-on-north-korea-is-imminent-george-friedman-says-2017-5
I hope this is true! This was in Murph tonight.
Video Interview: George Friedman— We’re on the Verge of War with North KoreaOn Monday, George Friedman, global- intelligence expert and chairman of Geopolitical Futures, dropped a bombshell: “I’m usually the guy to tell you about the next decade, but today I’m going to tell you about the next week. It has become apparent that the US is preparing to attack North Korea.” Friedman—who in his long career has advised the US government and military as well as Fortune 500 companies— held the keynote speech at the annual Strategic Investment Conference hosted by investment research firm Mauldin Economics. In the speech, he asserted that the US is very close to launching a strike on the rogue Asian nation, whose leadership has escalated its grandstanding in recent weeks.
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Love this chart – but the timeline is extended, we’re talking 2023-24 now.
More good charts as well. Do charts capture manipulation in the long term?
http://www.zerohedge.com/news/2017-06-02/sell-economic-ignorance-buy-gold
Under promise and over deliver.
As a businessman, Trump knows that those are the rules. And as president that’s just what he did today in his inspirational speech about pulling out of the Paris climate agreement.
It was inspirational because it articulated better than any world leader has ever done before why environmentalism is in fact such a harmful creed.
Rather than get bogged down in the “science” of climate change — an elephant trap so arranged by climate alarmists to make anyone who disagrees with them look ignorant or “anti-science” — he cut to the chase and talked about the important stuff that hardly ever gets mentioned by all the other politicians, for some reason: the fact that the climate change industry is killing jobs.
He talked about “lost jobs; lower wages, shuttered factories.”
He listed what the effects of implementing the Paris Agreement would be, by 2040, on key sectors of the US economy:
Paper down 12 percent
Cement down 23 percent
Iron and steel down 38 per cent
Coal down 86 percent
It was simple and it was brilliant. Here was Trump talking to his voter base, feeling American workers’ pain and telling them [he didn’t actually say this but this was the message]: “I won’t abandon you. I won’t sell you down the river, whatever the global elite may want and however much they try to bully me. You people come before all this green crap.”
And it also has the virtue of being true. Sure the actual figures may be guesstimates, but there’s no question that the tenor of his argument is quite accurate: climate regulation like the Paris agreement makes energy more expensive, slows economic growth and kills jobs, especially in the heavy industrial and fossil fuel sectors.
This argument ought to be low hanging fruit to any half way intelligent politician: it’s such an obvious way of connecting with the workers. Yet Trump is the only one who has ever said it. And hearing him say it was a reminder of why it was that he won the presidential election. He connects with his people in a way that so many politicians just don’t.
Compare and contrast with the other world leaders: Merkel, May, Macron, Trudeau, Turnbull — not one of those charlatans dares tell the truth about the global climate change industry, that it’s a racket which achieves nothing but simply transfers wealth from Western nations to countries like India and China.
The other clever thing about that speech, of course, is that he’d kept us guessing to the last.
Me included.
I thought he was going to fudge it much more than he did; that he’d end up compromising to please Ivanka.
But with this speech on Paris, President Trump has delivered.
Just when even some of his fans were starting to doubt him, he has made his presidency great again.
Farmboy
A pleasure and I agree, this re-balancing by Van Eck is allowing all sorts of games to occur.
We shud see an even crazier up move, as there will be few if any sellers in a normal world…but no -doubt the scum will sell as much as needed.
Mr.Copper @ 16:28 About Thoe 195 Nations In The Paris Climate Accord…
I figure its a lot like a bunch of guys when asked if they want to go out drinking to the newest bar and town and everyone goes, ” Oh heck Yeah!” Everyone wants to go to the party, until it is announced there is a $20.00 cover charge at the door. I imagine it is a similar situation with this Paris deal. Everyone wants to sign up, until they are told they have to contribute to the fund.
Maddog @ 14:21 That Is The BEST Explanation I’ve Heard For The Whacky PM Stocks
Good job and thanks for posting that article. June 16th is just around the corner. Just ten trading days away.
Gold & Silver Place In The ‘Win’ Box Again This Week.
Gold is less than $20.00 from this year’s high of $1295.00 Not Too shabby.
Mr Copper
It’s called group think. No one wants to be the odd man out. Just go forward and ignore the danger signals. Trump is the Devils Advocate who questioned it. Yeah they can agree with it if they don’t have to participate or even benefit from it.
Now Arnold comes on talking about air pollution and water pollution in the US. What the H does that have to do with the Paris scam? Most air pollution or carbon .. In Calif anyways.. Are from cars. Arnold used to use a motorcade to travel, If they really cared about that why aren’t they addressing deforestation of the rain forests or industries that affect clean water. For cows for fast food and Palm oil threatening homes of Oranagtangs and all sorts of species, That is all about the ecosystem of species, land.. Run off and flooding., air and water.. They sold out water rights that affected farms in mid calif many went under after the new buddy owner raised prices sky high, They don’t seem to know what theyre talking about.
Re Silver Up 1.35% Today.
There should NOT be even ONE miner lower today. But, AG PAAS FSM USAS AXU were down.
HL CDE MAG EXK only up 1% or less. WTF is going on???
Goldilocks re part “While 195 nations say they support the agreement”
That part reminds me of the polls during the campaign. They say one thing in public, and then in privacy vote a different way. If a big group of people were asked at the same time about joining the agreement, and some hands went up right away, its normal for many others, to avoid embarrassment, or scorn, would reluctantly raise their hands to “fit in”.
COT Report
Is pretty dull with most of the action in silver. Hardly anything in gold. Can’t post from my phone.
Where’s the good guy conservatives
Ryan health care reform not likely this year.
Well well Merkel doesn’t want to renegotiate Paris so called treaty
EU Won’t Renegotiate Paris Treaty Proving It Was Never About Climate
The European Union has rejected Donald Trump’s offer to renegotiate the Paris Treaty, proving it was always about bleeding the U.S. dry and appointing globalists as our governing bodies.
While 195 nations say they support the agreement, not all have signed and most, if not all will not abide by it if history is precedent. Most nations don’t have to do a thing for more than a decade. The U.S. bore the burden and now our own countrymen will betray us to the globalists.
The treaty even has an Orwellian International Tribunal for Climate Justicewhich would quickly run roughshod over our Constitution.
Rachel Kyte, a leader in the financing of the global climate change initiative and an avowed leftist, spoke honestly last year at a Soros-Podesta funded conference at the New Republic, an extremely far-left online publication.
She is planning for global governance by the U.N. members, governance which will be funded with hundreds of billions of dollars from the U.S. with side agreements to keep the money flowing in perpetuity, and finally, this new global government will manage the world’s economy and land use in the United States.
The Paris signatories believe Trump will be ousted in 2020 and this is only a bump in the road. They will hold out until then as they wait for the ultimate goal of having the U.S. to transfer the wealth and resources earned and developed by Americans.
The Paris agreement included the Green Climate fund which is, as President Trump described, one of the scams that demanded an immediate $100 billion from the U.S. and would increase over time. That is in addition to the billions we already send overseas.
EU Won’t Renegotiate Paris Treaty Proving It Was Never About Climate
Richard640
We’re still in the re-balance period for GDXJ, so seems scum are sitting on all shares, knowing that dumping is coming from Van Eck…but as this article shows the front running of the selling is insane…prices down over 30 % against other miners.
June 16 it all has to be sorted, so some shares will go ape up if the Gold prices stays here or is better, as they have been trashed to ridiculous levels, by frontrunning…….but that has to be near done/done.
Who will sell once GDXJ becomes a buyer again….I ain’t, nor many other bugs and we are about all that is left…this could be worse up than down, as Van Eck rampages through the sector.
GDXJ’s Epic Rebalance – It’s Knife-Catching Time
http://www.zerohedge.com/news/2017-06-02/gdxjs-epic-rebalance-its-kinfe-catching-time
Take A Look At PALL, Palladium, Up 70% From Jan 2016
PALL+ 70%, SLV+ 25%, GLD+ 17%, PPLT+ 14%.
FYI SBGL took over SWC, pays a 9% div, was $11 and now $5 after announcing a rights offer to get funds for the buy out. I wonder why Palladium is out performing all other metals? Its only slightly cheaper than Platinum.
To see, scroll out to Dec or Jan ’16, and add tickers in compare box.
http://www.google.com/finance?q=pall&ei=35QxWeCpO4y-e6utq4gC
Story platinum stocks:
silver up thirty cents
miners barely green.
is there some friggin’ in the riggin?
or the other way round?
R640
Agree. Outside of 2009 I’ve never seen it this bad either. Don’t think the metals are performing that well either.
If you can figure out what will change things. I’m all ears.
Time for Farmboy to add some JDST for the weekend. It’s a lock.
Its a Secret
Secretive Bilderberg group meetings begin in Virginia
A secretive group of elite power brokers is meeting in the US state of Virginia for closed-door discussions over four days.
The Bilderberg Meetings have 131 participants from 21 countries in Europe and North America, the group said in a press release.
A couple of top advisers to President Donald Trump are to attend the forum, 30 miles (48km) from the White House.
The shadowy group is a lightning rod for conspiracy theorists.
This year’s group includes Mr Trump’s Commerce Secretary Wilbur Ross, his National Security Adviser HR McMaster and Peter Thiel, the billionaire Paypal creator who has been a vocal supporter of the president.
At the top of the group’s 13-point agenda is “The Trump administration: A progress report”.
The forum – at a Westfields Marriott hotel in Chantilly – is also being attended by Trump critic Eric Schmidt, head of Google’s parent company.
Mr Schmidt has previously said the Trump administration will do “evil things”.
Other Bilderberg topics this year include, “The war on information”, “Why is populism growing?”, and “Can globalisation be slowed down?”
“There is no desired outcome, no minutes are taken and no report is written,” the group’s rules state.
“Furthermore, no resolutions are proposed, no votes are taken, and no policy statements are issued.”
Other guests include Dutch King Willem-Alexander; David Rubenstein, head of private equity juggernaut the Carlyle Group; and former CIA director John Brennan.
Several journalists are joining this year’s forum, including London Evening Standard editor George Osborne.
A full list of participants is here.
Some critics have accused the group – which has met every year since 1954 – of plotting to impose a one-world g
FYI Smith & Wesson Break out above the 200 dma
The Trump hoopla also screwed up or killed gun sales. Logic being Obama was out, and no need to worry about future ability to buy guns. However reality is coming back. Terror attacks and MS 13 crazy drug gangs etc, plus right to carry laws easing up, more woman starting to buy guns. They do make many other consumer products. It also climbing together with Ruger since March 1st.
http://www.google.com/finance?q=aobc&ei=yYsxWcHqG47Ae4mgqqAC
Richey re Miners Loaded Up With 90 Weight Gear Oil or Molasses
I noticed that quite a while back, made a post on it, suggesting TPTB adjusted or tweaked their auto pricing computers. They were WAY WAY off on the high side first half of 2016. A lot of miners had action like $2 to $20 900% in 6 months. While gold went $1060 to $1380 up 30%.
Between too high too fast to $1380, then Brexit and Trump, down we went to at least a higher low at $1130 and 1278 today, 13% higher off that low.
We just have to wait for all that crap to fully digest and the momentum should pick up as the tide rises.
Richard640 @ 12:11 Not Sure If It Is A ‘Lockdown’ Or
the miners just cant seem to get going. Volume on the miners in general are still pretty pathetic. But I agree, in times past the miners would be blowing out the volume on a day like today.
Crank Up The Volume !
Buygold-Maddog–I was out all morning-just got home-I “seen” JNUG up 4.2% THEN i
started checking G&S stocks and found them barely up…I Haven’t seen G&S in such a total lockdown as now–it’s never been THIS bad in my last 20-25 yrs of tracking PMs.