Posted by Buygold
@ 23:09 on November 30, 2017
Lower taxes are a good thing and would be stimulative to the economy. Bringing back jobs of any kind except gov’t. is a win.
Point is, these scumbag RINO’s never gave a crap about deficits in the Bush/Obama years where the deficits went up at least $16 Trillion, blame it on wars or whatever. Now we’re supposed to believe they care about deficits and can’t give us a tax break? Eff them.
Eff them all, I hope Lil Kim’s first rocket hits D.C.
Posted by commish
@ 22:45 on November 30, 2017
Posted by Mr.Copper
@ 22:39 on November 30, 2017
There are simply way too many people, businesses and their employees employed by and DEPENDANT on tax PAYERS.
The objective of which, was to make up for the loss of millions of manufacturing fishing jobs and farming jobs transplanted to various unprivileged countries, for the benefit of global businesses.
To lower taxes would require massive layoffs in various unneeded “wheel spinning” make believe jobs.
Posted by Buygold
@ 22:06 on November 30, 2017
In a dramatic showdown on the Senate floor, GOP leaders agreed to effectively increase taxes by $350 billion in response to a procedural ambush by deficit hawks led by Sen. Bob Corker that nearly killed the GOP tax reform bill. Worse, a key vote has now been pushed back to Friday morning in what has been dubbed “a potential nightmare scenario for republicans.”
Posted by Buygold
@ 21:57 on November 30, 2017
RNO – 85 RSI? How long has it been above 70? Never mind, I’ll wager that tomorrow when I wake up the futures will be higher…
eeos – can’t say I disagree about the most corrupt gov’t., both parties, etc.
Expecting a 3rd party is a stretch for now. Republicans have a much better chance of voting out establishment Repubs and liberal Dems, at least at this point. The Roy Moore election should be quite telling as to the mood of the country, which I believe is to remove the globalist, establishment scum.
Posted by eeos
@ 21:12 on November 30, 2017
I’m not even a Democrat but that’s a load of s***. Both of these parties are more corrupt than any government institution has ever been in the history of the world. And you’re going to go blame it on one party? Don’t forget it’s a den of snakes and this is exactly why we need a third party to kick both these two other goon parties asses
Posted by redneckokie1
@ 20:52 on November 30, 2017
Some people might call it a rhino horn. I has no wide base and no rench curve for the bottom line.Looks like the final blowoff of a long term Eliott Wave. We should get another 200-300 points up in a short time period. Fiat is leaving equity and going into oil and gas, agriculture and shorting bonds. Big boys are getting out of paper. Gold is still going up on the monthly chart and actually looks good.
rno
Posted by Mr.Copper
@ 20:19 on November 30, 2017
Posted by redneckokie1
@ 19:16 on November 30, 2017
rsi is 85. new highs on low volume. what’ wrong with this picture?
rno
Posted by Buygold
@ 18:43 on November 30, 2017
I still feel like something wicked bad is coming soon.
Maybe that’s just the diseased brain of a tired goldbug. 🙁
Posted by Buygold
@ 18:41 on November 30, 2017
“It would be wise of Russia to tap the yuan market now. China remains Russia’s biggest trade partner, China’s enormous financial system has lots of buying potential, too.”
Posted by Mr.Copper
@ 15:29 on November 30, 2017
I wonder why? Does Citigroup know something we don’t know?
Posted by ipso facto
@ 14:04 on November 30, 2017
the PM shares are barely bruised.
Posted by Mr.Copper
@ 13:35 on November 30, 2017
Very very strange. Those charts usually go straight down vertical when a correction starts. Obviously the big professionals have their $35 million machines doing the big automatic buying.
Eventually, those same big player computerized trading machines will do big automatic selling. Look how the same machines drove PMs straight up the first half of 2016. I saw many $2 PMs go to $28. I didn’t like seeing that at all. It ended the run too soon.
Another thought. Are people dumping dollars onto anything they can find? Look at Bitcoin, and big cash buying of some real estate. I zillowed Montauk NY last night, a very small high priced town, and it looked like everybody wants to cash out at the same time. CLUTTERD with 200 plus listings priced over $1 million.
https://finviz.com/futures_charts.ashx?t=INDICES&p=d1
Posted by eeos
@ 13:20 on November 30, 2017
panic sets in the stock market???? It can only be pressed 16 more digitals until we go negative. This is a conundrum
Posted by Buygold
@ 13:06 on November 30, 2017
something is going on – the likes of which none of us have ever seen in our lifetimes
I’m not sure I know what reality is anymore
Posted by eeos
@ 12:36 on November 30, 2017
Everyone sold cyptos, the PM’s and went LONG THE STOCK MARKET!!!!! Wooohooo!!!! It’s a PARTY! Shots for everyone on the HOUSE!
Posted by Richard640
@ 12:33 on November 30, 2017
to help see into the future concentrate on the red line on the NYSE..rinse wash repeat ..get to it…. fool around…..go thru it ….pulback to it….fool around then melt up
siliconinvestor.com
Posted by Buygold
@ 12:32 on November 30, 2017
Today could be the peak, ya never know.
Still watching the VIX, it shouldn’t be up with the DOW up 300 pts.
Posted by Buygold
@ 12:14 on November 30, 2017
it doesn’t respond upwardly to a weak dollar
but it sure responds downwardly to a rising dollar
today is a perfect example
Posted by Richard640
@ 12:13 on November 30, 2017
[but it doesn’t matter if it’s in the morning]–today is the peak of the 8 yr rally–tomorrow the mkt crashes-I will be buying 100s of index puts near the close today…hence, “selling the newsZ”–[I’m beginning to sound like Bo Poiny with his lunatic calls–HA HA!!]
Posted by Richard640
@ 12:08 on November 30, 2017
seemjs to be a “special effort” manifesting itself in making sure gold doesn’t respond-upwardly–to a wek dollar-I reject the idea that gold and the yen is the determining pair–that’s just propaganda “dialogue” put out for public consumption.
SLV UPDATE 11:56am EST
JAN 19TH $15 PUT=3,129 VOLUME
JAN 19TH $16 CALL=8,003 VOLUME
Both strikes are bid 19/20
after that early put buy….interest in puts has slowed down but they’re buying the calls
Posted by ipso facto
@ 11:27 on November 30, 2017
The Western Australian government’s second attempt at increasing the royalty rate for gold miners has failed to pass in Parliament.
Under the revised scheme, the royalty rate would have increased from 2.5 to 3.75 per cent when the gold price was above $A1400/ounce instead of the previously planned $1200/ounce, which was rejected back in October.
The motion to deny the Mining Amendment Regulations (No 3) 2017 and the royalty increase attached to it, was brought by One Nation MP Robin Scott, who represents the Mining and Pastoral Region. His disallowance proposal was supported by members of the Liberal Party, The Nationals, Shooters and Fishers, and the Liberal Democrats.
more http://www.mining.com/western-australias-gold-royalty-hike-blocked/
Posted by Buygold
@ 11:22 on November 30, 2017
Posted by ipso facto
@ 10:51 on November 30, 2017