As you pointed out , about 35 minutes into the Steele video , but aside from that , seeing the depth of globally inter-related corruption helps me to accept the destruction of my portfolio which is VERY heavily weighted with PM miners which are leveraged to the price of PMs. As was indicated earlier this evening , the SM may be propped up to save the retirement funds of many . I take solace in knowing that my kids and grandkids are better off when the economy stays afloat , however artificially that may be . So my PM related pain is balanced by their well-being . On the other hand , if things crash , I will be positioned to help them by the recovery of my miners .
Alex Valdor @ 20:22…That’s very interesting, thanks! I don’t trust Google as far as I can throw them!
Much of what I post is not directly related to PM’s but everything I post is indirectly related to PM’s, simply because there is no way to completely separate anything from everything else. Everything is IMO connected by webs of invisible threads. So I’m sure that Steele did make many people nervous with that video.
If I read or see something that is thought provoking and opens my mind to new or different possibilities, whether I believe them or not, I like to pass it on so others will also have the opportunity to explore their minds to new possibilities.
Buygold
“I suspect trying to firm up the pension system is what the SM is about anymore.”
The pension land mine must not be stepped on! I just pray the Fed gov doesn’t decide to bail out the states. There has to be some kind of responsibility from the states.
Ipso, Auandag
Ipso – I suspect a 10% correction would terrify pensions, I suspect trying to firm up the pension system is what the SM is about anymore.
Auandag – in your face is so true! Not sure if you saw the Gregory Mannorino video but he nails it, not to mention he looks so distressed and looks like he hasn’t slept for days. I lost the sleepless/distress mode a few years ago because of the pm market. Now sleep is the most exciting part of the day! 🙂
No problem though, a very nasty wind is blowing just offshore….
SNG – I thought you might find this interesting
I forwarded the YouTube link for the Steele video you posted the other day to one friend via Google mail.
Delivery was aborted by some entity that claimed I was spamming .
Someone must be getting very nervous about that video .
Just for you , Treefrog
I have a date with this chick for Thanksgiving .
Maddog
I think you’re right. It may take a while but it’s guaranteed to end badly.
… and what about the bonds? Who’s gonna buy when real selling comes in?
European high yield (junk) bonds paying less interest than US gov bonds? Lots of mispricing out there!
ipso facto and Auandag
Re 10 % and in yr face
That is what is so bizarre….but it may be the function of the Algo’s, in that they only know one way, up for Dollar, SM, down for PM’s.
Maybe it’s far cruder than we realise, hence it’s obviousness…..I still see the one way street as being a huge weakness longer term, as it will cause a monster crowded trade, in what will become a very thin mkt.
Maddog @ 16:09 …Yes they are acting with complete impunity now.
When gold sticks its head above $1300 they smash it down. They used to try to hide it. Then they made up excuses for the collapses. Now they are just in your face with it with a attitude of”so what are you going to do about it”. Nothing! Just what we thought.
Bonus
Simon Hobbs is gone from bubblevision. 🙂
Been out and about…..what diff is there….None.
New all time hi’s for the SM….
The action in the US SM is now causeing serious concern, as nothing stops it, even small corrections are not allowed…so anyone calling for even a small correction is made to look stupid…..and the action is now becomming bizzare, in the extreme.
@Ipso facto, Good Point
I see on a chart now, a big AGI drop on Sept 11.
Mr.Copper
Well the deal was announced some time ago. Alamos Gold was probably down on the initial news.
Good job on the AGI.
ipso facto @ 10:46 re Alamos and Richmont Both Up Over 7%
Both up? Figure that one out. Usually the buyer goes down and only the takeover goes up. Fortunately I’ve been sitting on some AGI. I used have some RIC.
Adios Mugabe you really effed up your country
Zimbabwe President Robert Mugabe Resigns
http://www.zerohedge.com/news/2017-11-21/zimbabwe-president-robert-mugabe-resigns
Buygold re: AXU
Haven’t heard a thing but I’m kinda liking it. 🙂
Ipso – AXU
AXU is up nicely on very heavy volume. I see no news.
You got anything?