This is unexpected…
Ipso, Farmboy
Ipso – agree, I thought Fred hit the nail on the head.
Farmboy – agree as well. Really hard to see much upward movement especially with the levels of longs on the fund side and shorts on the commercial side. That never ends well – ever.
The shares have been OK until you realize that the HUI was around 220 one of the last times Gold was $1290
I keep seeing these gold and silver ads on TV – “gotta get pm’s now before the crash or it will be too late”
What crash? 🙂
“everyone hates gold”
Finally, Hartnett points out that in the past 4 weeks High net worth private clients have turning more defensive with inflows to healthcare, REITs, staples, low-volatility funds, and total capitulation from energy ETFs & MLPs, while private client allocation to precious metals ETFs remains near record low as everyone now appears to hate gold and silver.
Buygold and Moggy
I think Fred’s got a pretty good handle on what’s really happening. It’s a tragedy what’s happened to Trump and his agenda. That is one BIG OLE NASTY SWAMP!
I’m done ordering products online from the USA.
It no longer makes any sense. I ordered an item on sale, with free shipping for $ 63us. With tax, exchange rate and now duty, My cost was $102. Ridiculous. And now my credit card has been cancelled due to someone hacking it and trying, unsuccesfully, to spend $2000 in Minneapolis.
Good Morning Oasis, TGIF
Its been a long week with some of the miners getting a kick upwards this week. Hoping it is a sign of better days to come in the next couple months. Other than the USA continues on its path of destruction, nothing much to worry about. 🙂
Lets see how the hurricane and Yellan move markets today. With Futures Option Expiry looming on the horizon (next Tuesday, Aug 29) not expecting much to the upside for the PM’s. But ya never know, and last months OE was not the typical beat down we are use to seeing. So….lets see what the day brings.
Best to all. Busy at this end trying to get all the home chores done so I can take a break and enjoy some football games soon. Going to the local high school game tonight to kick off the season. Be nice to celebrate a Win in the PM’s by days end to give me another thing to cheer about.
Have to run. Gotta crank up the pressure washer and give the stone patio and grill a good cleaning.
Go Gold ! Go Trump !
🙂
Moggy
The right is too busy working to organize – at least on the ground level. As far as Sessions and Homeland Security, it seems clear that they are both Globalist, Zionist owned. Sessions being a massive disappointment.
I guess we’ll have to see how things shake out. The right will need a pretty serious catalyst to get going. The other thing to consider at the ground level is that these Antifa protests occur in major, generally liberal cities. Don’t see it in the heartland.
I’ve thought for a long time that the US would have a Soviet style break up.
Gold Train
Well, the Rock Island Line was a mighty fine line…
The ‘Peoria Rocket’ stands ready for launch.
http://www.railpictures.net/photo/627978/