Not that it really matters, because it’s all given up in the following days–just another part of the bizzaro world of PM markets–no rhyme-no reason…and u can wipe your rear end with the tech analysis of G&S for all the good it does.
ipso facto @ 20:06 What A Heart Warming Post :)
Ya know, another thing the media never brings up is…..How the HELL, and WHY, did the USA put a 30 or 35% tax on USA domestic based corporations, when all the other countries were far lower. An accident? Poor judgement?
It was well known long ago about tax breaks to move off shore. My view is it was all done on purpose. Bribes? Big global US Based and or Chinese business lobbyists? Moles in the Whitehouse?
Ipso – yeah
Definitely not us.
I see the SM futures are getting crushed, but pm’s are barely up.
Someone wake me up when the ridiculous show is over
Buygold
“Who runs it”
Well I know it’s not us! Now I guess it’s not Trump either.
Yeah that ticks me off. Trump needs to get some people in there who will go with his program.
PS The French are crazy to get involved in the situation!
Ipso – too funny
The algo’s and micro-second traders must be making a killing off Trump and every one of his tweets, statements, communications. He’s making some folks rich, but some others…not so much…
Did you see where the Pentagon told him “NO, NOT YET” to taking troops out of Syria?
Who the hell runs this country anyway?
Doubling Down …
Futures Tumble After Trump Orders Consideration Of $100 Billion In New China Tariffs
g&s in the evening market
gettin’ bouncy, like tigger.
deer79 @ 13:28 Re “China” “they” And The US Economy
re part:
“The damage of our economy comes from China’s restrictive practices. Blame China. They’ve been doing this for decades. Don’t blame Trump,” Larry Kudlow, head of the White House’s National Economic Council, told reporters in Washington.
Comment:
I blame the big USA corporations that pulled a “fast one” a long long time ago, by making arrangements to do production over there. Those big American corporation heads are probably telling Chinese leaders what to do and say to the media.
China adding tariffs?? No. Those blood sucking anti American corporations want to keep going. Avoid US labor and taxes. “China” is their sanctuary country. China in a sense is harboring promiscuous financial terrorists.
Crazy huh? Hey somebody has to think of these odd ball views. Nobody else is.
R640
yeah, I’m not sure pm’s have actually been up on jobs reports now for many months. I think there’s been some of them but I’d bet not more than 25% over the last year.
Agree about the USD, maybe it will sell off after the report. Only the scum knows what comes before it actually happens.
R640
Agree the shares have a bid….
There’s buyers out there ‘cus they know all they can do is print, they have already printed enuff to create hyperinflation times infiniti, but the Rig has so far hidden it…..come the next debacle. with rates near the floor, the presses go ape.
Hence the buyers.
Buygold-Maddog-now I’m not sure…maybe todays divergence is bullish…gold stocks popped into the close
gold down 10.40–$ up.372–jnug up 19 cents-the low was 12.99…I didn’t buy anything…it was the $ that did it for me today…I don’t wanna fight a rising buck…that said..to repeat…gold’s had a big move up on jobs day for many months now-no matter what the report…try to handicap this mess, huh?
Deer79 12:06 Algo’s
Hey Deer 79
I agree, I had a bay street trader (Toronto) in the office this past summer, thats exactly what they are doing
Running Algo’s that respond in the micro seconds to news headlines, scalping profits
I dont want any part of that kind of shenanigans
Id rather stack phyzz and let my broker play in those markets (with some of my money)
Onward Pilgrims
Winedoc
Maddog
Yep. It’s up because, it’s always up??
Took a little off the table for some miniscule gains just in case we happen to get another jobs report beatdown tomorrow. Hoping we don’t but odds are about 90% that we will. If we do, I’ll feel a little less bad about it.
These pm’s are a rough business.
I own this piece of junque. Maybe they’re on to something.
Five Cobalt Properties Acquired in British Columbia
April 5, 2018–Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail”) ( (“SVG”-TSX-V) is pleased to announce the acquisition of five separate cobalt properties in British Columbia. The properties were acquired from a private company controlled by the President of Silver Grail for reimbursement of costs of staking. The private company will retain a 2% Net Smelter Royalty and any future purchase of the royalty by the Company will require regulatory approval (cf. Location Map, below, showing 5 new cobalt properties, plus pre-existing Roman cobalt property).
cont. http://silvergrail.com/five-cobalt-properties-acquired-in-british-columbia/
Buygold
The SM is up 1 % because it is open and not up 2 or 3 %, because it hasn’t got there……yet .
Tariff talk
More blather from idiot Kudlow, but IMHO, this is purely cover to attack the newly introduced PetroYuan………
Separately, earlier on Thursday Larry Kudlow confirmed that Trump is indeed building an army ahead of the big showdown with China. According to Bloomberg, Kudlow wants to rally “pro-market allies to push back against China’s unfair trade practices,” a senior White House adviser said.
“The damage of our economy comes from China’s restrictive practices. Blame China. They’ve been doing this for decades. Don’t blame Trump,” Larry Kudlow, head of the White House’s National Economic Council, told reporters in Washington
Kapowie
Big Pharma suffers another major blow as study debunks high cholesterol myths, admitting statins are totally worthless
NaturalNews) It’s been a tough few weeks for Big Pharma, as three major studies have now completely disproved the effectiveness of its most profitable drugs. Last week, a huge study published in The Lancet admitted that the risks of antidepressants in children and teens far outweigh the benefits, as the drugs routinely increase suicidal behavior. Out of 14 antidepressants, only one was shown to improve depression better than the placebo.
Now, scientists are reporting that cholesterol drugs, which 15 million Americans are prescribed, are also completely worthless. A group of international researchers published a study in the BMJ Open journal that found no link between what’s known as “bad” cholesterol and death as a result of heart disease in individuals over 60 years of age.
In fact, the results found that 92 percent of people with high cholesterol actually lived longer. The best way to achieve and maintain good heart health is not through medications but through healthy lifestyle habits.
“Lowering cholesterol with medications for primary cardiovascular prevention in those aged over 60 is a total waste of time and resources, whereas altering your lifestyle is the single most important way to achieve a good quality of life,” said vascular and endovascular surgery expert Professor Sherif Sultan from the University of Ireland.
cont. https://www.naturalnews.com/054388_statin_drugs_medical_myths_Big_Pharma.html#
Poll Results …………….. I’m not sensing much enthusiasm :-)
Regarding self-driving cars
I will never buy one (78%, 39 Votes)
I don’t know (12%, 6 Votes)
I am looking forward to owning one (4%, 2 Votes)
I drive a bicycle (4%, 2 Votes)
I might buy one (2%, 1 Votes)
Total Voters: 50
P.S.-I forgot that tomorrow is the monthly jobs report-for some reason-for many months now– PM stocks and gold have
gone up the day before and the day of the report no matter if it’s weak or strong…of course, all gains are given back the next day…
OK-I am probably going make a horses’ ass out of myself again-but I reject all the late 2015-like talk about a quick drop
down to [choose your number] 800-900-1050 etc gold to wash out the last gold bug…I dunno if gold’s going to the moon or not…but it’s been damm resilient for a long time….
**********************
AS FOR TODAYS ACTION=I like to buy on days when my beloved JNUG is down 6%-8%-12% and gold is up or down a buck or two///today with gold down $12 and most PM stocks barely down to barely green, t’would be tempting to squeak “bullish divergence”–but these days seldom are…6 weeks ago JNUG was down 12% and gold was down a buck…I bought that and did well…BESIDEs, with the $ index up .432…I wouldn’t look for much upside-JMO-DYOD
BuyGold
I can’t figure it out either BuyGold. I’ve sort of resorted to the fact, in my mind, that these are not “markets” in the traditional sense that we were brought up with. These are now “play toys” for 19-20 year old quant graduates, that write code for algorithms. Some of these algorithms scan for headlines and react to idiot commentators a la Kudlow. There’s no ryhme or reason; it’s just the way they’ve been programmed.
These games will continue until they can’t anymore.