Loading ...a one day double is sweet
No reason to dump the QID’s yet, they aren’t going against you
Morris Hubbartt
Gold Stocks Rally Accelerates
Buygold-I got a double so far…still holding my 150 QID calls from yesterdayI may just cash out the JNUG-cause if stocks roll over
hard, they could bomb PMs…
One of these days
a down Friday in the SM is going to lead to a really ugly Monday…
Let there be talk
‘We can resolve all issues by picking up the phone’ – Russia’s FM spokesperson on Syria standoff
The US and Russia can find a way out of the deadlock in Syria if they talk to each other, Russian Foreign Ministry spokesperson Maria Zakharova believes, but should Washington launch an attack, Moscow will stand by its people.
In an interview with Sky News on Thursday, Zakharova stressed that Moscow and Washington should not allow the tensions over Syria to spiral into a direct confrontation on the ground.
Asked about the chances of a doomsday scenario in which Russian and American blood will be spilled as result of the US-led military action, Zakharova said that Moscow and Washington have all the means to prevent such a showdown and its potentially disastrous consequences.
https://www.rt.com/news/423988-zakharova-us-russia-talk-syria/
R640
I seem to remember back in 2000-01′ the bull market ended while earnings were still stellar
Looks like you hit a homerun on the JNUG calls
When J P morgan earnings came out about 8.30 they were raving about them on CNBC-and the stock popped about $2.40
Now I just saw it reversed and is down 70 cent…3 bucks off the high…for the past 2 weeks ?they” have been talking about the “stellar” earnings coming out…maybe so….but peak earnings are seen at peaks…not at the bottom of bear markets…
R640
I’m surprised too. SM looks like it might be rolling over and for now the metals seem to be going inverse.
Traders should be worried about the SM IMHO
Hmm
PM shares look strong led by NEM? That’s odd
Bank stocks rolling over after the “super strong” earnings by Citigroup.
Buygold-I am surprised at the strong bid for gold…the $ index is up .84…maybe a Syrian attack is not off the table…or
could it be that traders are worried about the stock mkt? Whatever it is…bring it on…
Morning Buygold
I’m glad to hear it. Mattis sounds like a dove compared to Bolton. I hope that dude doesn’t hang long!
Re Syria
How mny times have there been false flag set up’s in the ME…..By all accounts the White Hats are as bent as all hell and v probably Al Queda.
U can’t start WWIII on that basis. So glad to hear saner heads are taking control….
Anyway out fool PM was all for going in, so u just knew it was all wrong.
Meanwhile Oil goes flying….
Morning Ipso
Listened to some comments by Mattis and Pompeo, they don’t really seem sure about wanting to do anything.
We’ll see.
So … how’s that tightening going? I wonder how much of this lost business is due to their bad behavior?
Wells Just Reported The Worst Mortgage Number Since The Financial Crisis
When we reported Wells Fargo’s Q4 earnings back in January, we drew readers’ attention to one specific line of business, the one we dubbed the bank’s “bread and butter”, namely mortgage lending, and which as we then reported was “the biggest alarm” because “as a result of rising rates, Wells’ residential mortgage applications and pipelines both tumbled, specifically in Q4 Wells’ mortgage applications plunged by $10bn from the prior quarter, or 16% Y/Y, to just $63bn, while the mortgage origination pipeline dropped to just $23 billion”, and just shy of the post-crisis lows recorded in late 2013.
Fast forward one quarter when what was already a grim situation for Warren Buffett’s favorite bank, has gotten as bad as it has been since the financial crisis for America’s largest mortgage lender, because buried deep in its presentation accompanying otherwise unremarkable Q1 results (modest EPS and revenue beats), Wells just reported that its ‘bread and butter’ is virtually gone, and in Q1 2018 the amount in the all-important Wells Fargo Mortgage Application pipeline failed to rebound, and remained at $24 billion, the lowest level since the financial crisis.
cont. https://www.zerohedge.com/news/2018-04-13/wells-just-reported-worst-mortgage-number-financial-crisis
Maddog, R640, Buygold
“Syria strike off the table”
God I hope so. A little common sense and logic would be a welcome development in the ME! Maybe this scare is what’s needed to get some real peace initiatives going.
Morning R640
Hope the Syria thing is off the table, it’ll really piss off the deep state Neocons but screw em’
Looks like you made a nice buy at the close yesterday on JNUG
Buygold
Funny, the Syria/Russia gig seems like it’s being replaced in the news by the Comey book/interview this weekend.
Yr MSM has the attention span of a gnat.
On Syria….. could well be that Russia’s threat to take out all US platforms that are used to strike Syria, has calmed heads.
http://thesaker.is/russia-starts-exercises-off-syrian-coast-vows-response-to-us-strikes/
Clever holding Live Fire exercises until 26 Apr….was it an accident or deliberate retaliation !!!!
Good Morning Nemo
I’m not real familiar with TomaGold but I just looked at their website and it looks like they’ve got multiple irons in the fire. I think our time is coming and if the reward is commensurate with our suffering then we’re all going to do very well! 🙂
Cheers
Maya @ 0:19
Heading for the pot of gold! 🙂
Morning Maddog
Looks like the guys in London were assigned the dirty work today.
I guess we’ll have to see if the punters want to go into the weekend long stawks and short gold again.
Funny, the Syria/Russia gig seems like it’s being replaced in the news by the Comey book/interview this weekend.
This is a bad reality show…