Will Dementia Joe be the Democrat's candidate for President?
Total Voters: 27
Loading ...Lower altitude spring flooding during higher altitude snowmelt period, often chemtrails overhead, risk of forest fires spreading to urban/forest interface areas, prolonged and large areas of smoke from forest fires regionally lingering long enough to be clearly captured on imagery from satellite platforms, and now someone is superimposing potential flight paths of nuclear arsenal overhead from North Korea. Keep an eye on the skies overhead. Cheers. Equiz
Does anybody remember me talking about the abrupt change of $1 = 360 Yen after the war, to make us want to import “discounted” goods from Japan? Well, here it is. Bottom line Banks are acting like a global gov’t that “taxes” one country with a strong currency, and “gives” the tax money to a different country.
Nothing is a coincidence. $1 to 360 yen is like a 360% tariff or tax on US goods going into japan, and or a 360% “discount” on anything we import from Japan. You won’t see this kind of info in todays media.
part:
Wartime inflation saw the yen drop heavily and on April 25 1949, the US fixed the rate at ¥360 per $1 as part of a plan to stabilize the Japanese Economy through the Bretton Woods System. The exchanged rate stayed pegged at this level until 1971, when the US abandoned the gold standard.
By 1973 the yen had risen to ¥271 per $1, until the 1973 oil crisis hit. The increasing costs of imported oil meant that the yen depreciated to ¥300 by 1976, with the re-emergence of the trade seeing it rise back up to ¥211 in 1978, until the second oil shock in 1979 saw rates drop back to ¥227 by 1980.
look for pm stocks and other stocks that can withstand a monetary crisis with contracting money supply. Those will be few and far between. When the fiat leaves the stock market, few will be exempt from the downdraft.
rno
I figure TPTB think Europe has been basking long enough, with a falling Euro since June 2014, the month they started running the dollar up, to push the other currencies down. Everything is priced in dollars. Starting in early 2017, it looks like they reversed the stimulation FROM Europe back to the USA.
Its plain to see in this chart. That up move in 2014 HAD to be a PTB controlled manual adjustment.
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1
I hear car sales are falling. So all that momentum of the stimulation the USA had during the 80 dollar index, is running out of steam. Don’t be surprised if it gets obvious that the US economy is starting a slowdown just as TPTB continue dropping the Dollar back towards 80. Always long delays between action and the reaction.
Course James Mc has it right and I guess that is why I’m pissed off 3.4 x’s more than I’m even more pissed off. 🙂
This is another sucky day, my EXK is getting crushed even though I thought it would be MUX instead. Always something.
Embry may have it right in that it is all or nothing for the cabal right here, right now. They keep the SM propped, keep pm longs crushed, or the dam breaks. This stuff going on with Russia and China, China and India, and every other damn place is going to blow in the next couple of months. JMHO.
Looking forward to the last hour smash and tomorrow’s wondrous jobs report.
Tesla’s Model 3 cars have secret cameras installed in the rear view mirror to watch drivers (but the firm insists they aren’t activated)
The Tesla Model 3 has the potential to spy on you as you drive, with the automaker secretly installing a driver-facing camera in the rear view mirror of each vehicle.
The cameras, which Tesla claims are currently deactivated, could be used to monitor the driver’s attention span during autonomous journeys.
Tesla has remained tight-lipped as to the purpose of the cameras, and made no mention of the devices during the firm’s launch of the Model 3 last week.
more http://www.dailymail.co.uk/sciencetech/article-4756740/Tesla-Model-3-secret-camera-installed.html
Euro Sun’s Rovina Valley Project Mining Licence Endorsed by the Romanian National Agency for Mineral Resources; Ratification Process Initiated With Required Ministers for Licence Approval
“don’t be in stocks until 2020” including the PM’s too?
your post is telling the story. trump is running on the previous administration budget. the next budget is going to be very telling. i wouldn’t be long any paper through 2020. stocks, bonds, derivatives, no paper at all.
rno
James Mc checked in early…
What else is new?
Bill,
Your silver signal was as usual dead on. As ZH mentioned last evening’s silver flash crash occurred at 7:06 PM, the identical minute to when silver flash crashed back on July 6th. No need to investigate, it’s just another 1 in a billion probability which occurs with regularity.
As I have said for years with the cartel there’s never a 1% or 2% rule to the downside. For gold and silver the rate of decline is always much faster than the rate of gain. Whether that’s another cartel formula is debatable, but it seems on a daily trading basis the rate of decline is usually 3-4 times faster. For example in the 5 trading days from July 3 to July 10 silver fell $1.56, going from $16.70 to $15.14. From July 10 to July 31 silver recaptured all of that decline, gaining $1.69 on its way back to $16.83. It took 17 trading days to get back what was lost in just 5 trading days, a ratio of 3.4 – 1. There is no doubt that the cartel intends for longs to not only be frustrated on the way up, but to be always wary of getting destroyed on the way down. Imposing flash crashes with impunity keeps virtually all traders out of the market except for the cartel, and possibly large spec traders using OPM. Flash crashes make trailing stops useless, and can wipe out capital in a nanosecond. That’s the crooked game going on at the Crimex.
It sure seems like somebody is intent on securing physical gold in the $1200’s, and silver in the $16 area. The price capping here has been relentless. As long as thousands of tons are willingly dug up and forked over at these suppressed levels you might say, “It’s called winning, DUH”, to quote Charlie Sheen. Gold and silver have for now recovered nicely off of the morning selloff. Another day of promising, but with heavy emphasis on infuriating.
James Mc
KGC DRD SBGL SA GOLD and many others up. Account balance still seems stuck in the mud boring. I guess we need $1350 $1400 gold to break these miners loose.
Endeavour Silver Reports Financial Results for Second Quarter, 2017; Updates on Development Projects and 2017 Guidance
China Threatens India Over Border: “Leave Chinese Land Or Face War”
bring a really new paradigm to the office–he is a doer–an expediter–the threatened china “trade war” is just an opening move in a negociation on trade AND getting china to act on N. Korea-Trump will be the greatest president in history…the “swamp” is having a “sh*t hemorhage”…that includes both parties who are both ‘CORPORATE-CONTROLLED LACKEYS.
Cheaper gasoline is good for Americans. So help kill the Oil prices, and refineries can buy cheap, and sell cheap. Unfortunately, now Venezuela, their main export product is worthless. And I’m hearing some refineries might be getting less deliveries.
Venezuela being removed from the high $145/bbl oil gravy train and later with $26/bbl oil being “used” or sacrificed to help the US economy?? Globally speaking the USA has to be the most important economy. So all others have to be weaned off.
Re socialism or any gov’t for that matter. Even in my town. When the money is flowing in nicely, the politicians spend it to get votes. Then the money stops coming in, like now, and they have problems. Excess money should be saved for a rainy day.
JNUG-at 6:30am-was down a piddling 17 cents–now gold is DOWN 5.50 and JNUG is UP 13 cents…looks kinda bullish to me–at least resilient–but resilient “don’t” pay the rent…upside impulsiveness would be nice.
http://www.nasdaq.com/symbol/jnug/premarket
The only fly in the bullish ointment today is the “anchor”, silver…
Actually, in my mind, its the second shot, A defensive shot. The FIRST shot was opposite of today’s shot. The FIRST shot was when the “west” decided to take work and investment away from the USA.
Nixon in 1972 I think it was, the puppet that represented the west, went to China and made the arrangements.
“We are choosing you, China now to build up your wealth and economy, so you can eventually import from other countries. With your “earned” US consumer dollars) ” “Besides that, you can buy our US Bonds with your excess profits, and USA will pay you interest.” “Deal” 🙂
Along with a fixed (rigged) currency exchange rate, $1 per 7 Yuan to maintain the long term objective.
What’s happening now (or since 2008) is a major reversal out of necessity. USA is needy, China has a loaf under each arm.
I see gold has comeback to be up a whopping $.40 after being flash crashed last evening.
Randgold had some good earnings and the stock is up $3 pre-market, although the conference call is yet to come.
https://finance.yahoo.com/news/randgold-resources-q2-results-updates-060000068.html
This looks like another day in the life…
Of course volume is low & it’s early…
Was my psychosis showing?
