Yes it’s a tough assignment. I would need to put some thought into that one. Briefly? One of a few different events could spark it over night, a big bankruptcy, bond market crash, real estate crash, or by a gradual realization by the public that sees something very big is very wrong. Especially if the economy goes into a serious slowdown while the central planners have the pedal to the floor.

Geez that’s an ugly smiley. Not what I intended at all. Maybe this is better. ?.

I’m thinking you’re onto something.   I been agreeing with your “outside the box” ideas for years .   But I really need you to figure out where and when these pms are going to find their  true value.  I know it’s a tough assignment.  Where do they fit in?   To the drawing board for you!  ?.

Interesting story, but the author neglected to mention the whole reason for creating the Federal Reserve act of 1913 was created just so the USA could finance wars with fake fiat money. Wars simply can not even start, without fake printed or check written for loans created out fiat money.

Hi Richey, I’m no futures player, and never really paid attention to those numbers. I could be totally wrong, but after looking, they seem to give no clue, or answer. They almost seem like fake numbers intentionally created to purposely confuse the players. Like the false and misleading info we get from their media for the past 60 years. I myself would not trust those numbers. In fact I don’t trust or believe anything, anytime, anyway, any how, any more. 🙂 I’ve see too much over my lifetime. To me? Everything we see or hear is somebody elses advertisement.

Wouldn’t be at all surprised if China was assisting in the rig. Keep all that real metal flowing East at a low price.

No doubt the 1% will end up smelling like a rose when the whole debt-money thing falls apart.

Of course it was before the Wednesday selloff but after the Wednesday selloff. 🙂

Might as well get real, these reports are meaningless as the Cabal plays both sides and makes billions doing it.

Can’t wait to hear the commentary tomorrow and why one of the “supposed longs” dumped $4 billion notional inside one minute. Pure comedy.

and the beat goes on….

State Corporate Tax Receipts Just Crashed The Most Since The Recession

After flatlining for the past year, US income tax receipts  have been disappointing, and have posted a sharp drop since the start of the year, which is “sounding an alarm about the health of the US economy.” More concering, corporate income tax receipts at the state level fell a sharp $7bn in 1Q, the biggest drop since the recession

The Commitment of Traders Report

Silver

*The large specs increased their long positions by 5,145 contracts and increased their shorts by 618 contracts.

*The commercials decreased their longs by 432 contracts and increased their shorts by 4,110 contracts.

*The small specs decreased their longs by 823 contracts and decreased their shorts by 838 contracts.

GOLD

*The large specs increased their long positions by 61,698 contracts and increased their shorts by 24,323 contracts.

*The commercials increased their longs by 4,547 contracts and increased their shorts by 37,682 contracts.

*The small specs decreased their longs by 376 contracts and increased their shorts by 3,864 contracts.

The amount of new large spec buying in gold may be a record. Surprising to see the small gold specs get so much more short. All of that occurred before The Gold Cartel went into action on Wednesday.

Yes , I am looking at Schedule D , Parts V and VI . The only thing of note that I see is a large reduction in investment income from the previous year’s investment income , but was zero a couple of years earlier .

What am I missing ?

The permanent endowment is 99.9 % and temporary restricted portion is 0.1 % , but it is presented in a way that is confusing .

Love this guy.

Silver seems relatively tame and predictable. Gold – OFF THE CHARTS CRAZY

Someone figure it out for me. My take is that the cabal plays both sides.

http://www.cftc.gov/dea/futures/deacmxlf.htm

He breached out of the horse latitudes in the Great Sea of Politics last spring and destroyed all the lesser whales with his mighty flukes, but now the Democratic Pequod, with its diverse and inclusive crew has vowed to chase him to the ends of the earth until he spouts black blood and rolls dead out. It’s Moby Trump! Skin your eyes for him men (and women, and intersectional non-binary zhes, theys, and hirs)! Do ye see a Bitcoin nailed to yonder mast? It goes to ye who raises me that whale of white privilege!

Who is Ahab in this story? Why The New York Times, of course. Such is the vastness of its pious obsession with the cosmic malignity of Moby Trump, who chomped off Ahab’s limb — fondly known as Hillary — the last time the Pequod set sail. With Jim Comey as Starbuck, the ever-upright Quaker mate, cool, aloof, marinated in rectitude, yet deadly with his lance.

And so the great American tragedy plays out on C-Span.

Remember, though, that in the original tale penned by the loser (never made a buck) Herman Melville, the white whale sank the Pequod in a final, desperate, whorl of vengeance, while Ahab drowned entwined in his own harpoon lines, pinned upon the very hump of his inscrutable quarry. And I alone am left to tell thee….

So much for literary conceits — and hat tip to Bob Dylan for reminding us, in his just released Nobel valedictory, how much the white whale should mean to us. In this bleak and tawdry age of content-less Kardashian trash, there really are latent cosmic storylines, and this saga of Moby Trump is a tragedy that the Republic perhaps can’t bear to hear: exactly how we destroyed ourselves.

The question is, what will remain of the American polity once the mighty Trump is harpooned, flensed, and boiled down to his essential oils? A great evil vacuum, I predict, rather like Melville’s fabled Norway maelstrom. And within it, everything and everyone in the Deep State will be revealed as hollow and ghostlike, mere revenants of our beloved institutions, including the rule of law.

Impeachment is something that hovers just a bit above and beside the law, founded, as it is, on the vague notion of high crimes and misdemeanors — which can mean anything, really, to parties so determined to wield it. The blundering Trump expressed a hope that a dodgy FBI investigation against General Flynn for conversing with the Russian ambassador (really, he talked with an envoy from a foreign land?) might be laid aside. Well, that could just do the trick, according to Jeffrey Toobin of CNN, legal mouthpiece for “the Resistence.”

I confess that I never considered Mr. Trump — or as I’m fond of calling him, the Golden Golem of Greatness — a horse that was going to finish. I predicted after the election that he would be removed from office by hook or by crook inside of a few months. While I do not align with his antagonists, I consider him unfit for the job he won in an ignominious election against a repulsive opponent. He appears simply to not know what he is doing, and that’s pretty scary at this moment in history when, apparently unbeknownst to purveyors of “news,” and the countless factotums of government — from the larval agency clerks to the preening poobahs of congress to the scheming technocrat overlords of the intel matrix — the nation is poised at the rim of a financial clusterfuck that will make the fall of the Roman Empire look like a small business bankruptcy.

In the meantime, watch as a toxic political tide sweeps away the foundations of a two-hundred-odd year experiment in civil order. Six months from now, nobody will trust anyone or anything, and we may easily see a great deal of kinetic lashing out against each other in the ringing, raging confusion of the political vortex we’ve gleefully ventured into.

This might be the perfect time for some DXD, short Dow 30 X2, and or TZA, small cap bear X3

Like clockwork my friend

That sounds logical to me my friend. Hopefully GS has been loading up on PMs, and will announce it soon.

http://www.zerohedge.com/news/2017-06-09/big-5-tech-firms-account-55-nasdaq-gains-2017-goldman-warns-valuation-air-pocket

The Snowflakes have yet to work out that GS only does that when already short and they want to buy ’em cheap…..

Of course this means that u have to sell hell out of PM stox, despite Gold going up…..because ….??????

With Dow up 70 pts. Obviously all those popular momentum tech stocks like AAPL NFLX GOOG etc must be correcting.

http://finviz.com/futures_charts.ashx?t=NQ&p=m5

http://www.zerohedge.com/news/2017-06-09/math-bitcoin-and-why-one-analyst-says-its-not-yet-bubble

thought he was hired to investigate Trump & Russia ..turns out he needs to investigate the FBI and some acts of Treason committed by some employees  …

and the Trump & Russia scheme was a SMOKE screen to divert attention from the real Problem right under his NOSE  !   He now need to clean his own House …what a revoltin Development  !  Its like being hired to investigate your Mother !

Red flag for me. I don’t like them but it’s doesn’t look right. It is the internet you know, anyone can post anything

A lesson on fleecing the country , and the globe .

I note that Frank Giustra is on the board , and his company brokered the Uranium deal with Russia . He is also in the middle of a dirty deal to cut rain forest in Colombia to ship to the Far East, after flying Bill to Bogota on his corporate jet , the same day Hillary arrived in Bogota as Sect’y of State . Both Bill and Hillary os dignitaries had separate meals with the President of Colombia at the time . Within days , Giustra had approval for the deforestation near the Pacific Coast , as I understand it .

Giustra is Canadian ( or at least his corporation is ), and I am sure is a big buddy of PM Justin Trudeau as well .

Blows my mind how Billary can get away their Foundation, yet Trump is persued to the ends of the earth, to try and finger him over Russia etc.

Clinton Foundation Is the “Largest Unprosecuted Charity Fraud in World History”

http://www.independentsentinel.com/clinton-foundation-is-the-largest-unprosecuted-charity-fraud-in-world-history/

Here is a quick search on Clinton Foundation Haiti fraud…reams of hits !!!!

https://duckduckgo.com/?q=clinton+foundation+haiti+fraud&t=hz&ia=web

What they got upto in Haiti is beyond sick, as they ripped off $100 of millions in Aid, after the Hurricane, from the poorest people on the planet…for that alone they should be jailed for life.

he never gave credit for any one but himself .He thought he would be a HERO for Leaking something that would give TRUMPS enemies something to use against him and get a Special Prosecutor appointed ,he wanted to get Trump   ..Comey entered POLITICS when he did this  !Comey thought everybody wants to get Trump and I will be their HERO !  He forgot what his JOB was and what he’s paid to do and iT wasent POLITICS !   Just ask Hillary !

He has disgraced the FBI ,violated its mission and purpose for being and put its very existence at RISK.  He thought Popular opinion and Political Correctness would cover his ASS. BUT guys like Harvard Professor Emeritus ALAN DERSHOWITZ and Legal scholars clear thinking would have none of it .Trump has LEGAL AUTHORITY to fire him and POPULAR correctness dont mean shit.   Trumps Lawyer had it correct as Alan Dershowitz did.

Comey though he could navigate Politics as J.Edgar Hoover  and be a Power broker …He was NO… J Edgar Hoover !

Now Comey could be charged with Treason and violating the LAW by LEAKING and he could go to JAIL ,as he should .

Just like that STUPID “Reality Winner” ..they both belong in JAIL. for Treason.

Look at page 22 of 98 and the numbers just don’t jive. The salary numbers are inconsistent.

https://www.clintonfoundation.org/sites/default/files/clinton_foundation_report_public_2014.pdf