https://www.cnbc.com/quotes/?symbol=sil

I think its just natural typical market action in a new down trend. Its the same action we’re familiar with re PMs.

When a long running up trend is on or near all time highs, and suddenly rolls over hard and fast, the people that entered or bought in late near the highs and soon gets caught in a big drop?? Nobody is EVER lucky enough to have short term pain and get back in the money.

This drop to me looks like at least one year downward pain for the latest high paying buyers, just to get to a bottom. Two years or more later they MIGHT get their money back.

Supposedly there may be some documents that they don’t want to be seen…but still…it’s outrageous..

What effin BUMS. Lying like that, all that im-propaganda for decades. Telling us how good and important free trade was. Talk about “double messages”?…..

Now these hypocritical diabolical blood sucking liars, are unleashing Trump and his rhetoric to reverse the I love “free trade” I’m-propaganda.

Just for spite, the Americans should insist on maintaining “free trade” forever, and shove it right up their asses.

What you said sounds right to me also. Re Gold, I don’t have an overlay chart handy now, but considering where the Dollar is around 89, Gold at $1330 looks very respectable.

AS for gold….hard to say…if stocks come in down 200-400 in the morning then a 20+ buck upday might be possible –the problem with gold is that it has been resilient but no upside mo-mo–

I’m betting lower for the rest of the day and maybe a real good diarrhea tomorrow.

Lets keep it simple stupid.

#1  The USA already crashed once in 2008 and took the whole damn stupid global economy down with it.

#2 If nothing is done to reverse the past, no “trade war” or anything, the USA would naturally collapse, and the whole damn stupid global economy would down worse than the last time.

#3 During the 8 years after 2008, they made the USA only slightly better, with only slight pain for the export “blood suckers”.

This reminds me of a customer I had, who was in trouble, and owed me $6,000. They were paying me in tiny little payments so they would not feel the pain. I told the owners I understood the strategy, but at the same time, I’m not feeling the gain or the pleasure or use of the money I worked for.

Helping us hurts them (countries and corporations) but helping the USA is the most important thing for both the USA and all of THEM. They are trying to help the USA with the least amount of pain for themselves while doing so.

When a Doctor prescribes antibiotics, they DON’T give or recommend the slightest dose to kill the bacteria. The want you to take the whole prescription to make sure to kill the germs and not let them get out of hand.

I’m looking at the 8 years during Obama as a very slight dose of antibiotics. Its been 10 years now, and there are signs of a slowdown, bacteria taking hold and SUDDENLY the Trump gang is shoving bottles of antibiotics down the economy’s throat.

WILL THEY SUCCEED IN MAKING THE USA CONSUMERS AND DOMESTIC BUSINESSES ACQUIRE MORE SPENDING CASH, PAY DOWN DEBT AND SUPPORT GLOBAL BUSINESSES AND FOREIGN GOVT’S AGAIN, AND SOON???

But let’s hope that Trump has done his homework. At this stage this is just a Twitter war rather than a trade war, intended to soften up your opponent rather than inflict real damage. But for Trump to succeed he must demonstrate that the US is prepared to endure the pain of a lengthy trade war if needed.

Men naturally despise those who court them, but respect those who do not give way to them.
~ Thucydides (circa 400 BC)

And exports comprise a larger percentage of China’s GDP.

In 2010, Paul Krugman wrote:

Some still argue that we must reason gently with China, not confront it. But we’ve been reasoning with China for years, as its surplus ballooned, and gotten nowhere: on Sunday Wen Jiabao, the Chinese prime minister, declared — absurdly — that his nation’s currency is not undervalued. (The Peterson Institute for International Economics estimates that the renminbi is undervalued by between 20 and 40 percent.) And Mr. Wen accused other nations of doing what China actually does, seeking to weaken their currencies “just for the purposes of increasing their own exports.”

But if sweet reason won’t work, what’s the alternative? In 1971 the United States dealt with a similar but much less severe problem of foreign undervaluation by imposing a temporary 10 percent surcharge on imports, which was removed a few months later after Germany, Japan and other nations raised the dollar value of their currencies. At this point, it’s hard to see China changing its policies unless faced with the threat of similar action — except that this time the surcharge would have to be much larger, say 25 percent.

I don’t propose this turn to policy hardball lightly. But Chinese currency policy is adding materially to the world’s economic problems at a time when those problems are already very severe. It’s time to take a stand.
Krugman (no surprise) now seems more opposed to trade tariffs but observes:

….I think it’s worth noting that even if we are headed for a full-scale trade war, conventional estimates of the costs of such a war don’t come anywhere near to 10 percent of GDP, or even 6 percent. In fact, it’s one of the dirty little secrets of international economics that standard estimates of the cost of protectionism, while not trivial, aren’t usually earthshaking either.
I believe that Krugman’s original 2010 argument is still valid and that Trump is right in confronting China. The gap between imports and exports of goods is widening, especially since 2014, not shrinking.

And if anybody is promoting retaliation against the USA, it’s those various corporations from around the world, harbored there. Even SONY from Japan is fabricating there. I have three SONY TV sets, all made in China, sanctuary country.

Selling US Treasuries? Then what would they do with all that money? Stack it on pallets  and warehouse it?? Put it in a bunch of banks with a $250k insurance on the balance? I dare them corporations to make waves, via the fake media.

I don’t believe anything from the media. Everything they say is no different than a classified add, or somebody’s special interest advertisement. You name it, even cultural modification. They like to change cultures. Anybody notice?

They ruined the muscle car culture, the gun and hunting culture, the patriotic American culture. The future? They even want men and woman to be the same neutral sex. They want us all to be “persons”. You know, mail person, sales person are hints.

I would pay a thousand dollars now, if someone would identify the actual group that dictates the master plans in the media.

“We Understand The Chinese Government Has Halted Purchases Of US Treasuries”: SGH

On Friday, we reported that among the five “nuclear” options available to Beijing to retaliate against Trump’s latest $100BN in proposed import tariffs, was the choice whether to sell US Treasuries. But what if Beijing did not want to unleash a full-blown market nuke, and instead was hoping for a targeted, EMP hit?

Then it would simply stop buying US paper, instead of dumping it outright; in the process it wouldn’t hurt the US too much – avoiding a furious tit-for-tat response – but would still send a clear signal to the White House, whose fiscal spending plan will more than double net Treasury issuance this year from under $500BN to over $1 trillion, and which needs every possible marginal buyer of US paper, both domestic and foreign.

Which is precisely what a new report by SGH Macro Advisors claims.

https://www.zerohedge.com/news/2018-04-09/we-understand-chinese-government-has-halted-purchases-us-treasuries-sgh

But when ya trade near term options–april 13th-trading discipline requires one to take action…

I should have know…the high count of the Doom articles on ZH was the clue…before the top in February, there were none….

and it also extends to pink sheet stocks , I think ( I have some US penny stocks which are slow to be reported ). Often I show a modest gain at the end of the day – because the daily change reflects the difference between the close and the open in the morning . However , all too often , looking at the previous day’s close , the indicated gain is actually a loss . I would rather see a midnight to midnight tally , or , as used to be the case – the price after all mutual fund NAV’s are tallied . Nine in the evening used to pretty well cover that effect . That is no longer true .

I agree. Too bad in this age, the next war is likely to be the last one!

Good quote from ZH!

I think the Powers that be may want a war badly because they realize that the can can’t be kicked down the road much more and they can’t delay the inevitable financial implosion much longer. Therefore, start a war to distract the masses from seeing the reality of calamitous financial realities. 

I quote Tyler Durden from ZH this morning:

We are at war with ourselves, not China, and the games being played out by Washington to maintain the status quo is slowing creating the next crisis that won’t be fixed with another monetary bailout.

If there’s little oversight and games to be played on the retail investors then the brokers will play them.

Quotes for the Canadian stocks on the US side are a joke. I guess the Canadian brokers-market makers benefit from the unclear nature of the quotes so that’s how it will stay.

Cheers

I noticed at the end of day most of my Canadian mining shares at Schwab never show the real closing price until hours later than just a few years ago.   It used to be by 6pm the closing price was solid.  Its like Schwab’s  Canadian brokers use your street name  shares (especially in this type gold share market) to work against you.  Now its like some of the Canadian symbols that went down hard don’t show the real closing price until early the next day.

You know as well as I do that you can’t believe all tweets or posts  on the I net these days……………but a few weeks ago there were a few that mentioned that at some of the Toronto St Patts day drunken parties there were people claiming Sprott makes more money on the down e$calator ride with shares like novo.  The first time they hammered it novo got down @2.50 and it looks like they are trying again.  I’m no fan of Australian mining shares but if you could get 5-10% of your clients that bought a private placement to play both sides by letting the broker use your shares (secret invitation) who would know?   There would definitely not be any insiders having to report their own personal shares.

While I can only see the 10 most recent trades it always appears when something like novo is sinking the number of 100 shares trades and anonymous to anonymous cross trades are off the charts.   With only die hard mining share investors only buying these days the Canadian brokers have the upper hand.

They sure make me nervous. Insane is not too strong a word!

These Neocons are clearly insane. Why in God’s name do they want a war so bad?

Neocon in chief John Bolton starts his reign today. Not good.

Vote! Vote!

I do think those COT’s will eventually come into play, especially with silver

Tough day watching the USD drift lower and gold going nowhere, shares even worse.

2 Israeli warplanes carried out strikes on Syrian airbase – Russian MoD

https://www.rt.com/news/423545-israel-planes-syria-strike/