Maddog, Farmboy, Buygold, and others interested…
Watergate was a kindergarten story compared to this. Grab your popcorn and watch it play out. I think there is a lot to see here. I urge anyone interested to mosey on over to sigforum.com. Yes, it’s a gun forum in its roots, but it is a great forum on most any topic you want, and it’s lighting up with this topic. Go to The Lounge and look for the threads on Trump Presidency: year II, and FISA memo. Some smart people with good information.
Maddog, Farmboy
Sure hope something comes of all these promising stories.
I heard Trey Gowdy talk about how Congress can’t actually prosecute anyone, it’s up to the executive branch – meaning DOJ and FBI.
Farmboy – please wake Sessions from his nap, because the guy is either asleep or compromised. Gowdy said that the DOJ and FBI are Trump’s problem, he hired them and he is responsible for them. I agree.
Until proven otherwise, this, like North Korea, is all Kabuki theatre. JMHO
FISAgate ……..Just the beginning.
The FISA-Gate Boomerangs
Read more at: http://www.nationalreview.com/article/456134/fisagate-boomerangs-democrats-hillary-obama
Hey, all. Everyone’s trying to figure out what next…
Just read an article on Kitco by Marketslant: Opinion: Gold Sub $1330 And A Reality Check. Seemed to make good sense to me. Any of you tech-oriented sorts care to have a look and share your thoughts?
Happy Hour …… Sheeesh
Winedoc
eeos
Yep, just the usual never ending bullshit
Plunge Protection Team Working Very Hard Today
I hear they all took last Thursday off and went up to Minneapolis to see the Super Bowl Game, and didn’t get back into NY until last night. They thought everything would be ok without them for a few days and are totally embarrassed about what happened and said they are sorry for any inconvenience.
WoW bits !
My three top stocks are BIT COINS …+20%,18% ,8.23 %
right buygold?
Smells like bullschitt to me.
So let’s see
Here’s the time of the day where everything comes roaring back except pm’s
Unreal
Goldie, R640
Goldie – thanks. I’m surprised I haven’t dropped dead already. I definitely belong in a padded room after all these years of pm’s
R640 – B.S it is. USD doesn’t matter. Rates ticking back up. I guess that’s the reason for today’s misery.
SM sells off on huge volume, pm’s sell off on avg. volume at best
The $ has given up the ghost-causing a small pop in PMs which has been reversed-but at least now, I might think of buying something
so weird…as long as $ denominated assets are crashing the $ rallies-now that there is stability the $ gives back the gains…there’s a pat explanation for this-they used in in 2008…but it is B.S.
Buygold
Don’t wreck you health over it.I don’t have that much confidence in it right now. Showed a HS pattern late last night. Best we can do is hope for sideways right now.
Now heard they want to try to REGULATE Bitcoin. Like they regulate everything else to flow in their pockets out of yours?
I saw some guy can’t remember his name before the the Bitcoin carnage who said bit coin next could go as low at 600 then as high as 50,000. He didn’t give a time frame. That is if they don’t regulate it I’m guessing.
USD
If the effing USD gives up all its gains and pm’s don’t come back with a vengeance I’m going to blow an aorta
Free mkts my arse
Use a 5 min Au chart and since $ 1344 tdy, it is droping at a constant 45 degree angle…real mkts don’t do that.
Ciao
R640
Re Fox
You’ve got a strong stomach….even my wife thinks the Bloomberg people talk shiite !!!!!
Hopefully all this Volatility will kill the Correllation Algo’s, as as of now NEM is trading tick for tick with the S&P, no doubt tks to 18 yr old quant’s Algo’s.
Moriarty
But no one has yet to point out the fatal flaw in Bitcon. Yes, when the price to produce goes below the cost people are going to unplug their banks of computers and wait out the drought. As of Monday the 5th of February Coindesk shows a low of $6583.56 for Bitcon. Coindesk shows a high of $19,343.04 on December 16th for a decline of 66%.
So far.
The map from MarketWatch shows a cost of production of $7,059 in Hawaii, $6,951 for Connecticut and $6,674 for Massachusetts so anyone mining in those states is shutting down.
But there is a fatal flaw that I’m pretty sure no one has pointed out yet. The math for the blockchain requires people to mine Bitcon. When people stop mining, the value plunges. And when the price drops below the cost of production everywhere your Bitcon is going to have all the value of a slightly used Fax machine or a wonderful Beanie Baby. (MIBNSH)
Hi, Gang, stocks prolly bottomed last nite when they wuz down 700+ pts for a few moments then shot back up
This is a pattern-[big drops Fri & Mon & turn around tuesday]- that has been seen in the past–PROBABLY this is a short term correction —long drawn out bear mkts decline stealthily…gradually…
why are we surprised with gold-?? we know gold never rallies in response to a crisis…at least not for more than a day or 2 then gives it all back…sustained gold rallies “just start” for no “reason”…and end the same way…maybe it will be different this time
ON Fox Biz news’ Stuey Varney’s program they have been crowing and gloating about golds non-performance all morning….gold is in a state of suspended animation for now…at least it’s not crashing like in 2008.
I guess the squealing from the snowflake punters was too much for the scum
so they have turned the SM Rig Algo’s back on.
Stand back folks this is gonna explode up…..Gold will held here…damage done.
African Mining at Crossroads, Warns Bristow
Jersey, Channel Islands (FSCwire) – The mining industry’s unique ability to function as a primary driver of economic growth in Africa will be impaired or even destroyed unless mining companies and their host countries work together to address the existential challenges it faces, Randgold Resources chief executive Mark Bristow said today.
Speaking at the Mining Indaba, Bristow said while the industry was at least to some extent dealing with the consequences of its recent excesses, the same could not be said of some of its host governments in Africa, who seemingly expect their revenue streams from mining to continue at supercycle strength and are re-writing the rules to make sure that they harvest more from less.
“How will hard-pressed companies, still struggling to recover, cope with these demands?” he asked. “By high-grading more and investing less, and that is not good for anyone, let alone the future generations of our great continent.”
cont. https://ceo.ca/@fscwire/african-mining-at-crossroads-warns-bristow
Maddog, deer79
Maddog – enjoy the day, I feel your anger
deer79 – agree. Unless China or Russia backs their fiat with gold, it’s hard to see this ever changing. For me, I don’t trust that China and Russia aren’t part of the NWO crowd.
OK
Brought the DOW back to positive in 12 minutes from 500 down, question is whether they can hold it positive.
Play of the morning was to short the VIX – UVXY has gone from 34 premarket to 16 right now. Amazing
Definitely not a “sea of red” in everything pm, just not exactly protecting our wealth. 🙂
Long day ahead