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Maddog

Posted by goldielocks @ 11:22 on March 1, 2018  

Yeah we have crazy weather but as one of my grandfathers said once it doesn’t matter the dept of the water if it is over your nose it can still drown you. You seem quite competent to take care of yourself but thought I’d mention it.
We’re having a lot of wind and rain but once electricity went underground lessens the power outs.

The shares I have left are staying just not adding any.

FYI Big Discounts On S&W 60% and Ruger 33%

Posted by Mr.Copper @ 10:55 on March 1, 2018  

R640

Posted by Maddog @ 10:36 on March 1, 2018  

I read from Murphy that Powell has a murky derivative past and that Procter & Gamble sued his bank over dodgy derivative deals and all that has been erased from the Net….

Plus he has no economic background…just a dodgy bankster….I feel so much better !!!!!!

Powell

Posted by Buygold @ 10:34 on March 1, 2018  

If Powell turns anything back up it will be the stock market

They are going in for the kill in the metals, trying to wipe out everyone already in and keep anyone from ever thinking about going in again.

Mr Copper–u r right=more signs of the 1970s

Posted by Richard640 @ 10:34 on March 1, 2018  

Stagflation Red Flags Fly As Orders/Output Slow, Prices Spike

Following weak EU and Asian (and Canada) PMIs, US also disappointed with Markit Manufacturing dropping to 55.3 in February flashing signs of stagflation (prices rising at 4 yr highs as output growth slows). While ISM showed the same stagflationary signs, the headline soared to its highest since May 2004.

Great now all PM’s are keying off the S&P, which is run by the Vix

Posted by Maddog @ 10:29 on March 1, 2018  

We no longer have real mkts.

An utterance by Powell today could suddenly turn gold up, stocks up and the $ down…be prepared–also G&S are o.s. so the effect could be magnified.

Posted by Richard640 @ 10:29 on March 1, 2018  

Watch Live: Will Powell Walk Back The “Hawk Shock” In Senate Testimony?

The Dow Jones Industrial Average has shed about 700 points since Fed Chairman Jerome Powell left the door open to a possible fourth rate hike in 2018 during Tuesday’s testimony before the House Financial Services Committee – his first Congressional testimony as Fed Chair.
Powell
Typically, investors tune out the second day of the Fed chair’s Congressional testimony, but today, investors will be listening closely for any clues about the number of rate hikes, while stock bulls hope Powell will say something to meaningfully walk back his comments from Tuesday.
That’s because on Tuesday, stocks spiraled lower after Powell intimated that he might be open to moving his dot higher as he told lawmakers that he’d become more optimistic about the outlook for growth, employment and inflation.

Richard640

Posted by Maddog @ 10:23 on March 1, 2018  

The Rig says, Ray Dalio and Paul Tudor Jones are idiots…..I wonder how they feel.

goldielocks

Posted by Maddog @ 10:18 on March 1, 2018  

Tks…we are waiting for it to hit…but in comparison to yr weather, it is a baby, so we keep quite about it….

What may well happen is we run out of gas/electricity, as the idiot Mellons have caused us to close down lots of coal fired power stations, which gave us plenty of excess, now we are running close to zero excess and demand is through the roof…..Industry is already being asked to power down, to drop demand etc….

I have lots of coal still…just in case.

Maddog-u r right-a lot of big time traders have em-bare-assed themselves over the years calling for an imminent rise in gold=PTJ could be the next one.

Posted by Richard640 @ 10:18 on March 1, 2018  

Copper price felled as Chinese factory reading drops most in 5 years

Posted by ipso facto @ 10:11 on March 1, 2018  

Copper futures trading on the Comex market in New York fell for the fourth straight session on Wednesday on fresh doubts about the strength of the economy in top consumer China.

Copper for delivery in May slumped 1.8% to a low of $3.1295 a pound ($6,900 a tonne) in early afternoon trade, down more than 5% so far this year.

Chinese manufacturing data suffered its biggest fall in five years in February with Beijing’s official manufacturing PMI down to 50.3. The slowdown is being blamed on Chinese New Year disruptions, the impact of the government’s clampdown on pollution and a cooling property sector.

While a reading above still 50 indicates expansion, operating conditions for the country’s factories are now the worst in one-and-a-half years. The breakdown shows a widespread deterioration in demand with the subindices for output, new orders and imports all dropping. New export orders contracted for a second month, dropping to 49.

cont. http://www.mining.com/copper-price-felled-chinese-factory-reading-drops-5-years/

Mr Copper

Posted by Maddog @ 10:11 on March 1, 2018  

Re Commodities…it’s the amount of money printed all round the world, that says Tangibles will go way up. The ECB is still printing Euro’s 30 Billion/Month, plus whatever China is throwing in.

Money printing has only ever caused inflation, the only reason we don’t see more inflation is the Rig….they seem to think they can fly in the face of all history, tks to the Rig.

So far they have done OK…but more and more are comming to the same conclusion and your talking huge money….

Maddog

Posted by goldielocks @ 10:10 on March 1, 2018  

Did you hear about this worst storm ever to hit the U.K.?
https://www.express.co.uk/news/weather/925413/UK-snow-weather-snow-storm-Emma-forecast-Thursday-Friday-latest

Poll Results …. Looks like the sellers may be on to something. I dunno

Posted by ipso facto @ 10:04 on March 1, 2018  

I have sold PM shares lately because I think they are going lower

no (76%, 29 Votes)

yes (24%, 9 Votes)

Total Voters: 38

goldielocks @ 9:56

Posted by ipso facto @ 10:00 on March 1, 2018  

We should thank our Lucky Stars we weren’t born there! Headed down hill as far as I can tell.

Ipso 9:08

Posted by goldielocks @ 9:56 on March 1, 2018  

Next we’ll see even more poor starving Africans on boats to shores everywhere creating havoc like they are in Italy. Hope Italy chooses wisely in their elections because it’s about to get worse and save their own men. Same old same old they want what other people worked for that wasn’t even given to them so they will make their living by just hand to mouth stealing it. Same thing that brought Rome down when they told the soldiers after running out of money to just Sac the city. It wasn’t because of bad water or other theories. The people walked soilders not getting paid quit, their borders fell.
Maybe some communist country will be taking it after the starvation starts to take place and make a new constitution with new leaders then its over for them. Hey if that’s what they want.

Some Day This Fake Man Made Artificial Economic System Is Going To Blow Up Like Mount St Helens.

Posted by Mr.Copper @ 9:51 on March 1, 2018  

Check out the crazy moves in the energy sector. Way up, way down way back up. Look at gasoline. $1.95 and $1.65 and $2.00 in Feb, and what’s with that huge gap $1.75 to $2.00 in one DAY??

https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1

S&P goes negative = slaughter PM stox…..

Posted by Maddog @ 9:38 on March 1, 2018  

Richard640 @ 8:46

Posted by Mr.Copper @ 9:34 on March 1, 2018  

That post is sounding like 2000 again. Commodities were at a 20 year low after the highs of 1980. Papa Bush had to put a tariff on steel and lumber. Until their lowered dollar kicked in to raise the prices. Remember? This time its Trump and tariffs.

Funny thing. If commodities go up because of a shortage that’s good. Natural market forces. But if they just make the prices “mathematically” higher, that’s bad because its NOT natural, and producers will over invest and over produce, some people will use less, and bingo, a surplus and falling prices again.

I REALLY think they, TPTB need to give capitalism a CHANCE, and stop playing games, stop thinking they know better than the Invisible Hand of capitalism. They always interfere, and screw things up, distortions.

Also if commodities go higher, leading to consumer products going higher, together with flat wages, could net a slowdown in consumer spending.

Richard640

Posted by Maddog @ 9:30 on March 1, 2018  

Re PTJ

So that makes another heavy hitter about to discover that the scum won’t allow him to make any money being logical, if he goes into PM’s……eg Dalio is watching his Gold possy sink by the day, tks to the scum…which is all that stands between PM’s going way up.

At some point one or more of these guys is gonna, ask the question publicly….and it will make for a huge gain v fast, so the temptation has to be growing.

I think they just shutdown the flow of investment funds into their country

Posted by ipso facto @ 9:08 on March 1, 2018  

“Time For Reconciliation Is Over” – South Africa Votes To Confiscate White-Owned Land

https://www.zerohedge.com/news/2018-02-28/time-reconciliation-over-south-africa-votes-confiscate-white-owned-land

Alex

Posted by goldielocks @ 8:53 on March 1, 2018  

Now people are getting RVs but come with costs. If left out in the sun affects the roof, up keeps plus paces to store them of they’re big plus you have to hitch them and drive them with small area turn around on and on. So that’s the way to go. I thought about that interesting to see how it’s done. Only problem I see is generally you keep food in the car or van bears smell it a mile away and now visiting your car tent. lol I’ve heard bears outside at night walk right past the tent sniff around the fireplace away from the tent then head to the car sniffing around and heard one jump up hearing him or her putting his claws on the window then headed off to the lake thank goodness. I was younger then and just caught a bunch of fish for everyone we cooked that night so guessing that’s what they picked up on.
Good thing if they do try to get into the tent you can climb in the car Jeep the keys around it take off.
I remember one family had a camper were in the camper they tore the back door off the camper but they could climb through to the front and drive off minus a door.
Did you ever see that video of that guy fishing was dealing one in and this bear walked up to him stat next to him watching him. When he pulled it in he handed the bear a fish and the bear walked off. I’m thinking they’re getting smart. They wait for you to do the fishing for them.

Goll Dangit-!! [pardon my language but I’m excited]=I’m tellin ya that we’re gonna see a replay of the 1970s…but I don’t expect gold to dilly-dally around for 10 yrs

Posted by Richard640 @ 8:46 on March 1, 2018  

before making a move to 2500-3500…

An Apocalyptic Paul Tudor Jones Warns The Fed Is About To Lose Control

In a striking interview with Goldman’s Allison Nathan, legendary trader Paul Tudor Jones argues that US inflation is set to accelerate sharply, making bonds a very poor investment, and that the Fed must act swiftly to tackle financial bubbles created by prolonged monetary easing.
************************************
When would Tudor buy stocks? “When would I want to buy stocks? When the deficit is 2%, not 5%, and when real short-term rates are 100bp, not negative“… in other words not for a while.
So what is he buying: “I want to own commodities, hard assets, and cash… The S&P GSCI index is up more than 65% from its trough two years ago. In fact, relative to financial assets, the GSCI is at one of its lowest points in history.
************************************ 
That has historically been resolved by commodities putting on a stunner of a show, stoking inflation. I wouldn’t be surprised if that happened again.
In other words, PTJ and Gundlach agree on two things: stay away from bonds, and buy commodities.
But the most notable part of the interview, and where PTJ’s most apocalyptic sentiment shines through, is his description of where he sees Fed Chair Powell right now: as General Custer before the Battle of Little Big Horn, a battle which – at least in the history books – was lost.

https://www.zerohedge.com/news/2018-03-01/apocalyptic-paul-tudor-jones-warns-fed-about-lose-control

Another Day

Posted by Buygold @ 7:10 on March 1, 2018  

Another ass-whippin’

Silver Train

Posted by Maya @ 2:14 on March 1, 2018  

rrflasher-copy

Riding the Silver Train thru the Rockies
http://www.railpictures.net/photo/649074/

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.