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Is it any wonder why GOLD is going UP
when you hear about how Stupid S.KOREA is …..It just makes me want to own more !
Trump
is well aware of what S.KOREA just did ,his position as previously stated was to tell JAPAN to Re ARM because the US is going to take its troops out of S.Korea .
Why should US TROOPS be the BAIT to get the US sucked into a LAND WAR in Asia ..exactly what McArthur warned us against …Tell S.Korea we will remove our troops unless they stop the suspension .Trump as roundly criticized for stating what would happen..Yet its the only LOGICAL solution to keep the US from getting SUCKED into a LAND WAR in ASIA that will destroy and Bankrupt the US …Maybe thats the LIBERALS PLAN ! A Liberal in S.Korea is just as Stupid as the Local variety…
Heres another Liberal ENVIRONMENTAL argument ..same Stupid as the US Variety only NOW in S KOREA
This week, Mr. Moon accused the Defense Ministry of trying to dodge a required environmental assessment.
In South Korea, any military installation on a site larger than 330,000 square meters requires a full analysis of the potential environmental and social effects. The ministry divided the site, which is 700,000 square meters, into two parcels to expedite the installation.
Supporters of Mr. Moon said he was simply working to ensure that the Thaad battery complied with the law.
A Liberal Democrat to replace a crooked Feminist
AND the First thing he does is Suspend the Missile Defence SYSTEM we just GAVE them that cost us billions to develop ,so what we need to do NOW is remove the 35,000 US TROOPS from S.Korea who are NOW defenseless against missal attacks ! 2.Second thing tell JAPAN they will have to defend themselves,so prepare …
Is this what S.Korea really wants ..re ARMING JAPAN ? Trump was criticized for stating that idea was a possibility if the N.Korea didnt stop testing Nuclear…
So NOW S.KOREA makes it Necessary to do just that .WE need to tell S.Korea they need to RE THINK what they are doing or we will pull our troops out of HARMS WAY ! ! It looks like we will have to pull our troops out and finish the Korean WAR and do what McArthur wanted to do before Truman Fired him. Theres no substitute for Victory is there ? The Chinese will then have to deal with the Problem on their doorstep…and a re militarized JAPAN ! The Chinese need to re think that ! The Chinese need to tell S.Korea stop what your doing with suspending the missal defense system ..nothing happens in a vacuum .This will lead to re Arming of Japan ! and a Pullout of US Troops from S.Korea and the whole things gonna blow up in your FACE you stupid Liberal Democrat !
Seoul (CNN)South Korea’s presidential election has been won by Moon Jae-in, a liberal who favors a more open policy toward North Korea.
Moon, the Democratic Party’s candidate to replace ousted President Park Geun-hye, was declared the winner by the country’s National Election Commission. With 100% of the votes counted, Moon won with 41.08%, the commission said. (Stupid Liberal Democrat just started the Korean WAR all over again ) This time we have the RIGHT President in Power to finish the job Problem Truman created !
(Stupid is as Stupid DOES )
South Korea Suspends Deployment of U.S. Antimissile System
By MOTOKO RICHJUNE 7, 2017
South Korea Suspends Deployment of U.S. Antimissile System
By MOTOKO RICHJUNE 7, 2017
TOKYO — South Korea’s newly elected president, Moon Jae-in, has suspended the deployment of an American missile defense system, an apparent concession to China and a significant break with the United States on policy toward North Korea.
In comments to reporters, a senior official from the presidential Blue House in Seoul said on Wednesday that the two launchers of the Terminal High Altitude Area Defense system that had been installed could remain but that four launchers that had yet to be deployed would not be set up until the administration completed an environmental assessment.
The missile defense system, known as Thaad, has been contentious in South Korea and has drawn sharp criticism from China, which views the system’s radar as a threat. Beijing has taken retaliatory economic measures against Seoul, including curtailing the flow of Chinese tourists and punishing South Korean companies in China.
https://www.nytimes.com/2017/06/07/world/a…efense-us.html?_r=0
Ororeef @ 21:08 re Gold Chart
That chart is not to scale, or the dates at the bottom have to be shifted 6 months to the left until the dead low is at late ’15 early ’16 and the higher low late ’16 early ’17. FYI below, info from Jack Chan from 6/6/17.
Tue 8:10pm EST
Greetings,
Gold stock ETFs broke out of the sideways action of the past three weeks on heavy volume, resulting in some new set ups.
GDX – buy at 23.80, stop at 22.47.
GDXJ – buy at 34.04, stop at 31.45.
XGD.to – buy at 13.68, stop at 12.86.
Stops are suggested for traders with a short term horizon. Investors use no stops.
I will allocate 10% to GDX with no stop at market open tomorrow, and upon the confirmation of an up cycle, will add more to positions. If my limit order is filled tomorrow, I will be 30% invested in the gold sector for the long term.
Portugeezer @ 12:42 on June 7, 2017 Bit Coin
kinda reminds me of my old Accountant..who used to say we will run in through the computer again until it comes out right!
You’d think this trouble between Saudia Arabia et al and Qatar would be goosing oil prices
but instead the market is hammering the oil sector on account of higher inventories …
I guess until bombs or shells fly all is well. The market thinks this won’t happen.
Maddog-Comex futures ended up about 12.50 yesterday–and JNUG was up 17%
Just now gold was down 11.20 and JNUG was down just 3.7%—any pullback is strong bid and stopped–in any other market but PMs I would say that is a bullish divergence–but ya never know with gold–that is why it is so difficult to jump on a bull move and ride it to the top.
Meanwhile the scum are showing how unhappy they are
with PM’s ystdy.
Portugeezer @ 12:42
You wrote:
“You put in some data, the computer does what computers do, and you get a result.
But the bank statement is useful; the bitcoin result is not and never will be.
Imagine waking up one morning having a safe full of tulip bulbs or a safe full of bank statements.
I am an ex-programmer.”
======================
Rich, with all due respect… as an ex-programmer you should investigate the structure of bitcoin before making statements like this. The bitcoin ‘as mined’ has digital value as a crypto solution. All bitcoins are used as a ‘ledger’ of transactions, and they are all encrypted into a ‘blockchain’ that all nodes process and re-Verify. The bitcoin blockchain IS… literally… an encrypted safe full of bank statements! The banking system itself is now looking at and adapting this digital technology for ‘in house’ banking and interbank settlements.
eeos
This next Model 3 is his big test, as so far he has found quite a few virtue signalling airheads to buy the S and X…but now he has to go into the real world, where people look at resale values, not just at what their neighbours think.
370 looks a good swing level for the stock…am gonna do more work on that …
I believe you Maddog
I think TSLA is hyped up too. Did you see he intends on making the model 3 on the same slot car track as the Models S and X, but at 10X the production speed? His workers on the factory floor are complaining about repetitive movement injuries. He said he’ll work on the floor at these disputed stations. I think he’ll observe, time the process and decide how to replace those positions with robots ASAP.
Caterpillar failed at this. The knew the union workers could be more productive, but they didn’t look to robotics fast enough. The just moved the world headquarters from its homebase of Peoria, IL to a Chicago suburb. I think they’ll find smarter people in Chicago that help them move into the new century of robotics and they’ll greatly downsize the production facility total building footprints. But I have no way of backing my hypothesis.
Portugeezer….eeos
Yup Bitcoin could be there, as it is like Tesla, only worth what someone believes it is worth.
This stock mkt run will go down in history for it’s size/value and longevity, any such run will have a number of frauds inside it, they always have….Tesla will be one that blows this mkt up…..U cannot sell 76 K cars at a huge loss, especially with the buyback programme and be worth more than Ford, which sells 6.7 million…..it makes no sense.
The scum’s ‘hidden’ hand is protecting loads of junk…and Tesla is some of it.
The differences between Madoff and Musk are quite astounding
I never saw Madoff do anything legal or impressive. He has no self-based evidence that he was ever a good money manager. He had a huge client base all on promising huge returns, but really it was snake oil, probably baking numbers for his whole career. He fooled lots of wealthy friends and close relationships. People looking to get something for nothing, period. The Madoff clients that were fleeced, deserved it.
Elon backs his words with actions. Every time people doubt him, he lures them into shorting and he ramrods them higher. I see Tesla’s every day in Denver, more proof. Tesla is a freely traded stock. People aren’t buying it for pyramiding reasons like Madoff’s wanna-be crook clients. Elon learned rocket science by Studying, not cheating. He figured it out through reverse engineering. Same with manufacturing. He learned this stuff and he hired smart people.
Madoff on the other hand hired dumb people that were in on his scam. People that sold out for free loot, with hopes they’d never get caught.
We can go on if we need to.
Will there be a Tit for Tat? Tit Tat Tit Tat Tit Tat Tit Tat Tit Tat Tit Tat kablooey
Iran Blames Saudi Arabia For Terrorist Attack, Supporting ISIS; Vows “Revenge”
http://www.zerohedge.com/news/2017-06-07/iran-blames-saudi-arabia-terrorist-attack-vows-revenge
Yet gain No follow thru allowed…unlike TSLA, that can rally 2 %/Day and does….despite being junk.
Question….which was/is the worst, Tesla or Maddof….
Macro
Saudis refused to take refugees thus harder to infiltrate without or he’ll to pay.same for Russia Poland and Hungary. With you PM and his open door mindset Id be worried you will be next when you get enough of them just as us after Obama. Its not our job anymore than yours to get involved anyways. We can’t pick and choose without getting into it.
Nice hits for midget West African Resources WAF.V
West African drills 21 m of 53.13 g/t Au at Sanbrado ….High-grade results from depth at M1 South:
1,613.41 g/t Au over 0.5 m and 530.38 g/t Au over 0.5 m within 21 m at 53.13 g/t Au from 408.5 m 104.16 g/t Au over 4.5 m within 14.5 m at 38.27 g/t Au from 459 m;
High-grade mineralization extended to more than 350 m vertical, double the average depth of the current reserve, and still wide open at depth;
http://www.westafricanresources.com/wp-content/uploads/2017/06/WAF.pdf
Russian so called investigation starting
The people who voted for Trump know well the Russians had nothing to do with the election. This appears to be a side tract for their own failed security that Trump being a prior citizen had nothing to do with their failures and breaches. Obama expanding the breaches won’t be brought up either.
Mr Copper
Not just about cars but money. After Kennedy was assinatee. Been down hill since.
Buygold
Yeah metals looking good, holding most of their gains from yesterday. Could easily be a better day for the shares this afternoon. Let the sellers go buy some facebook. 🙂
Ipso good point
On the Iran-ISIS thing.
Like the way we have mounted a comeback so far today. USD is now flat on the day.
Turks against Saudi Arabia?
Turkey Fast-Tracks Bill Approving Troop Deployment To Qatar
snip
“On Wednesday morning Turkish support for Qatar escalated after the country’s parliament was expected to fast-track a draft bill allowing its troops to be deployed to a Turkish military base in Qatar, officials from the ruling AK Party and the nationalist opposition said.
According to Reuters, lawmakers from Erdogan’s AK Party have proposed debating two pieces of legislation: allowing Turkish troops to be deployed in Qatar and approving an accord between the two countries on military training cooperation, AKP and nationalist opposition officials said. The draft bills, which were drawn up before the spat between Qatar and its Arab neighbours erupted, are expected to be approved by the Ankara parliament later on Wednesday.”
The more I see of this fantastic mess in the ME the more I’m convinced that the founding fathers had it right: Beware of foreign entanglements.