Silver didn’t participate–that’s a bad sign-especially with copper so strong lately….the $ is down again tonight so maybe this time will be different.
g&s still moving up this evening
i like it,
i love it,
i want some more of it!
Ipso – Funny as heck!
Not crossing fingers, what will be, will be… 🙂
Are we going to continue to rally? Follow thru? OpEx tomorrow?
Really hoping we’ve seen the bottom and can move up from here.
Floridagold
“Bitcoin is set to be given the same financial safeguards as traditional assets.”
That statement alone ought to scare the living crap out of anyone holding Bitcoin. Just sayin’ 🙂
Maddog
Coincidentally G+Ts are a nightly occurrence here. Me and the Missus favorite drink … but we almost always wait until the Sun is past the yardarm which will be very soon.
Nice to see the strong day for us, which hasn’t been happening for a longggg time!
Cheers!
Hi Portugeezer
So those glaciers were melting in 1903! The ocean will drown San Francisco and NY by 1930! D’oh! 🙂
Ipsofacto
In fact I may investigate this further this evening. ?
I trust the experiment was a pleasant success.
Maddog @ 15:44
Now … if you had a continent situated in your G+T lets call it “Gin Land” and there were mountains on that continent with glaciers that were melting into your libation …
but if it’s just icebergs melting I’m grokking, no rise.
In fact I may investigate this further this evening. 🙂
It’s about time we got a good day
I haven’t seen a dollar jump this big in my account for a very long time. Hopefully its the start of TPTB rotating the Dollar lower against all other currencies, except the ones that are pegged. Like Yuan. They started pushing it higher since mid 2014. It’s about time they they did this.
When they run the dollar higher it gives consumers a break on gasoline, imports and vacations in Europe, but hurts US exporting businesses and US tourist related businesses. I guess they like to give everybody a rotating “turn” at fiest or famine.
@Maddog re rising sea levels
I was kidding and told my car dealer friend its the land that is sinking, and he told others, Mr.Copper said the land is sinking. And maybe its true? Erosion ya know. 🙂
ipso facto
Re Sea levels
Amongst the sea ( pun intended) of bullshit the Melons have come up, rising sea levels has to be one of the most idiotic, as all one has to do is fill a glass of Gin and Tonic, with some ice .(not too much dilution tks), to the brim…then wait for all the ice to melt and when not a drop has run over….enjoy a cool drink.
Effing morons.
But aren’t the icecaps melting? LOL Wotta you say AL?
NASA confirms: Sea levels have been FALLING across the planet for two years … media SILENT
treefrog
Haven’t heard but I could get used to it!
wassup???
something broke loose at 3:00 (eastern) anybody know what it was?
Maya
It might help for inflammation but not losing electrolytes dehydration. You being part American Indian plus a man are more prone to sudden heart attacks. Listen to your body when doing stuff like that. Plus NSAIDs are harder on the liver to detox even a bit more than Tylenol plus slows platlet formation and more prone to bleed, Imo take them only if you need them. Things going on here too with yard and working with hard pan and lots of rocks plus three digit weather. Bla bla lol
“The One Who Dies With The Most Toys Wins” Old Propaganda to promote buying STUFF
My friend mentioned below, with all the stuff told me its a burden and wishes he got rid of it all when the real estate selling was easy. I’ve heard others say the same thing. Too much STUFF. The more you have the more you have to store and maintain.
My view from way way back was …”The one who dies with the most time off wins”. And with robots imports and computerized machinery etc eliminating jobs, the modern Gov’t of today SHOULD change the propaganda to…..THE ONE WHO DIES WITH THE MOST TIME OFF WINS.
OR…”WHY WORK IF YOU DON’T HAVE TO?” Find a hobby, ot travel, go places, go fishing, write a book, invent something, stop wasting your life each day, that day never comes back, while accumulating tons of stuff you don’t need and die leaving it all behind.
A friend near by sold his house and everything in it. He was so happy….”House was too much work, I’m going to rent a studio apartment in my friends house for $800/mo and I’ll be traveling. He likes to go surfing.
Call in sick, use up your sick days. 🙂
ipso facto @ 11:02 re households have virtually no savings
Every financial writer has a negative story to tell. Pretty much what everybody already knows. But unfortunately NEVER ever tell anybody the reasons or causes. How it happened, when it started etc etc. They only describe and rant about the negative results.
You know me, I rant about the causes of all this unaffordability. I blame outsourcing, and an artificially low base wage for everything. We all know there is a shortage of nurses. I was talking to a guy nurse yesterday. He said the pay isn’t what it used to be. He said he knew nurses that gave up and got police jobs and other tax funded jobs that pay more.
So I told him why its the way it is…..If the minimum wage had $24/hr worth of purchasing power like in did in 1967, (mandated by gov’t, unskilled entry level pay) all the nurses and other skilled occupations, would make a lot more money, because there is a “pecking order” range from unskilled to skilled. All wages would be higher and employers would make less profit.
I personally know an employer that had 65 people once at minimum wage. He’s at the end of his life now, owns about 15 multi family houses free and clear, two Benzes and a Grand Cherokee. If he paid more, he’d just have less STUFF, maybe half, and he can’t take it with him. All his employees got food stamps at our expense.
The domestic gov’t was smarter after the depression. US labor is a natural resource like Lumber and Oil etc. Any lands the Gov’t owns had to be compensated for the resources. Why just give it all away? Same with unskilled labor.
The new modern gov’t, by business, for business, is like my friend getting away with paying low wages, and creating burdens for taxpayers .
Mr. Copper
There ARE limits to debt. Saw this this morning … serfs in traing? Serfs to be?
More than a third of California households have virtually no savings, are at risk of financial ruin, report says
out for a bit
Ipso re Bolivia’s President Declares ‘Total Independence’
Good for them. Like you said they better watch their backs. So they are joining Cuba Iran and North Korea so naturally they will be punished because they won’t “share” anymore with the so called global community.
The only way to fight the global one world gov’t (BANKS), is for people themselves to NOT do what TPTB want them to do. TPTB want people to borrow against their future income and spend in on imports.
It the ONLY way to fight and resist, Refuse to buy what is spoon served to us at retail stores and car dealerships.
Smart move but watch your back
Bolivia’s President Declares ‘Total Independence’ from World Bank and IMF
Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation, the Telesur TV reported.
“A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established,” Morales tweeted. “These organizations dictated the economic fate of Bolivia and the world. Today we can say that we have total independence of them.”
Morales has said Bolivia’s past dependence on the agencies was so great that the International Monetary Fund had an office in government headquarters and even participated in their meetings.
Bolivia is now in the process of becoming a member of the Southern Common Market, Mercosur and Morales attended the group’s summit in Argentina last week.
more http://ahtribune.com/economy/1803-bolivia-morales-world-bank-imf.html
Copper price surges to 2-year high
Copper futures trading on the Comex market in New York raced higher on Tuesday on renewed optimism about demand from top consumer China and indications of tighter global mine supply.
Copper for delivery in September jumped to a high of 2.8540 a pound ($6,292 tonne) in early afternoon trade, up 4.3% on yesterday’s close to the highest since mid-May 2015. Copper’s 2017 year to date gains in percentage terms now top 13% and the red metal is trading 28% higher than this time last year.
While Chinese imports of refined copper dropped in June and is down 18% over the first half of 2017 to 2.23m tonnes, shipments of copper concentrate continue to strengthen jumping 23% in June from the month before to 1.41m tonnes.