Loading ...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….
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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.
I can’t for the life of me
figure out why the SM is up over 1% again
Maya , R640 Many thanks for the added info
Lucius sure knew how to spend it , didn’t he ?
I cannot imagine a better way to see the country than from my own private rail car . Those photos posted by Maya this morning are classics in that respect . Thanks !
I realized overnight that I had toured the Royals’ private car and had seen a ‘Royal Hudson’ about five years back in Ottawa at the science museum there .
I also found a great writeup on the Royal Hudson locomotives online yesterday via a DuckDuckGo search .
Buygold
Too bad I’m too broke to buy some more … 🙂
They want total control
India Bans Bitcoin Wallets, Bank Funding, All Cryptocurrency Services
Hey Ipso
Yeah, beats the alternative.
Can’t seem to really get them screaming higher but they don’t seem to want to get completely trashed either.
I’m in your camp about this being a good buying op in the shares.
Buygold
Nice to see some green today. Seems it likes to come unexpectedly.
Morning Maddog
Yeah, I think I’m the only sap still left that pays attention to them.
Looks like we’re getting a little pm buying out of the gates – go figure.
Morning Buygold
Re Cot
Have to say haven’t trusted them in ages, on basis everything else is rigged etc.
Goldfields buys 9.9% of Asanko
Asanko Gold Completes US$17.6 Million Private Placement by Gold Fields for 9.9% Interest in Asanko
VANCOUVER, British Columbia, April 05, 2018 (GLOBE NEWSWIRE) — Asanko Gold Inc. (“Asanko” or the “Company”) (TSX:AKG) (NYSE American:AKG) is pleased to announce that it has completed the previously announced private placement with Gold Fields Limited (“Gold Fields”) (JSE:GFI) (NYSE:GFI), pursuant to which a subsidiary of Gold Fields has acquired a 9.9% interest in Asanko. The private placement involved the issue of 22,354,657 common shares of Asanko at a price of approximately US$0.79 (C$1.01) per share for total aggregate proceeds of US$17.6 million.
Concurrent with the completion of the private placement, Asanko entered into an investor rights agreement with the Gold Fields subsidiary which provides certain rights to Gold Fields to participate in future Asanko share issuances in order to maintain its 9.9% shareholding for up to five years. In addition, Gold Fields has agreed that it will standstill at this level of ownership for a one year period unless Asanko otherwise consents, and will support Asanko management nominees at shareholder meetings.
Too bad
The COT’s work so well when the scum is tits short as they are in gold now but when they really aren’t like they aren’t in silver – the COT’s are useless….
Ugh – employment report tomorrow…
Oh Dear Peak Oil just died….u can turn all those expensive renewables off.
Bahrain Discovers Largest Oil Field With 80 Billion Barrels In Reserves
R640…not a 1 day wonder so far
Early days but the ‘recovery’ rally is storming on…SM flying….S&P now over 110 pts off the low, Dollar bid and of course AU back in the dumpster…..
All is well in Kudlow land…the great man spoke and Lo, the mkts obeyed.
Gold Coast Train
The lavish interior of Lucius Beebe’s “Gold Coast” private car at the California State Railroad Museum:
http://railpictures.net/photo/576915/
And his “Virginia City” pullman Observation car still roams the rails on private charters:
http://railpictures.net/photo/419805/
Cheers, Macroman. All we need to do is keep hangin’ in there.
It’s a long time since we have driven through your region, so I had to look up Sparkling Hill. You’ll get past your 80’s if you hang out at that resort which describes themselves as a place to ‘celebrate whole body wellness’. In that spa’s photo gallery I saw some bodies sitting in a room getting cryo cold chamber treatments. Dont know what that’s all about, but it sounds healthy. Happy PM-holding.
Equisetum, you have a respectful 30 years on me. I envy you and Ororeef have reached a nice 80 plateau. Most of our firs here don’t make it that long..
I know I won’t make “the awakening”. I have tried to make my eldest aware so he can reap the rewards of sound wealth.
In the meantime, I had a kickass ATV ride with my souldog to a cliff below Sparkling Hill. A swim in the lake after and some good grits, he is sleeping at my feet as I type this.
I guess I found gold…
Alex & Maya-have u heard of Lucius Beebe? if not then u must get a few of his books
All train Buffs must own some of his work-amazingly they are dirt cheap on amazon–used of course he died in 1966.
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Jump to Railroad history – Along with Clegg, Beebe owned two private railcars, the Gold Coast and The Virginia City. The Gold Coast, Georgia Northern / Central of Georgia No. 100, was built in 1905 and is now at the California State Railroad Museum. After Beebe and Clegg purchased The Virginia City they had it …
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A noted boulevardier, Beebe had an impressive and baroque wardrobe. Beebe’s clothing included 40 suits, at least two mink-lined overcoats, numerous top hats and bowlers, a collection of doeskin gloves, walking sticks and a substantial gold nugget watch chain.[12] Columnist Walter Winchell referred to Beebe and his wardrobe as “Luscious Lucius.”[12]Beebe’s sartorial splendor was recognized when he appeared in full formal day attire on the cover of Life over the title of “Lucius Beebe Sets a Style.”[13] [1]
Many of Beebe’s articles and columns addressed men’s traditional fashion. He was especially fond of English bespoke tailoring and shoes and wrote glowing articles about noted court tailor Henry Poole and Company and noted bootmaker John Lobb, whom he patronized on a regular basis. He also liked ties, particularly from Charvet in Paris,[14] men’s hats and wrote of the history of the bowler hat.[15]
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This 2 volume set is his best and a must have for $20 bucks–they are big, thick, hard cover volumes–I have them=
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The Trains We Ride [2 Vols]:Vol. I Alton – New York Central; Vol. II Northern Pacific – Wabash
1965
by Lucius and Charles Clegg Beebe
Hardcover
Alex Valdor @ 6:41
The ‘Empress’ is a beauty. Kudos to CP Rail for restoring and maintaining this historic locomotive. It’s no slouch at 4700 HP and yes, the large diameter drivers are intended for speed in passenger service. I found a few more pix of her recent excursion:
http://railpictures.net/photo/653446/
They bring along a spare diesel loco just in case of a catastrophic failure of the steamer. The two boxcars behind are spare parts and maintenance items to keep her running if field repairs are needed. These things ran on sleeve bearings, and at every major stop the engineer or crew would be ‘oiling around’ all the wheels, rods, pinions and anything that moves.
http://railpictures.net/photo/653315/
She’s remarkably clean… not having seen much service. And now she is fired by oil rather than coal, which helps keep things cleaner. The only standout ‘non-original’ on the front face are the two ‘ditch lights’ above the front pilot. As named, they provide increased illumination in the near-field side ditches for the engineer. The main headlight shines far down the center of the track. Ditch lights are now required for operation in Canada and the US.
http://railpictures.net/photo/653269/
MADDOG-Ponzi World’s got this covered=The only reason the casino is up today is because it’s Wednesday VIX options expiration. U.S. gamblers bought the overnight -500 Dow point trade war selloff with both hands
Had the market crashed the first time it retested the trendline in late February, that would have been the 1929/1987 analog. But to drip ever lower in the direction of trend, attended by human history’s largest boatload of bullshit, is something we’ve never seen before. In human history.
==, for as we see above, the umpteenth time in a row.
Be that as it may, this “retest” rally lacks somewhat the energy of the initial vault off of the 200 day. And of course it was a Wednesday when the 50 day retest failed:
“Last chance to buy the dip”
