R640
What now?????…..too close to the end game here….gotta stay around and let this C wave in PM’s burn out…..though I will take it easier for the rest of Summer.
Luke Gromen
Gold priced in CNY is remarkably stable; many are laughing as both CNY and gold fall.
Next month, physical settlement of the CNY oil contract starts. If oil priced in CNY is also remarkably stable, I suspect soon a lot fewer people will be laughing.
Gold priced in CNY is remarkably stable; many are laughing as both CNY and gold fall.
Next month, physical settlement of the CNY oil contract starts. If oil priced in CNY is also remarkably stable, I suspect soon a lot fewer people will be laughing.https://t.co/HLVylzPMSd
— Luke Gromen (@LukeGromen) August 2, 2018
A positive development
‘Butcher’ no more? Assad in charge of Syria good for our security, says Israeli defense minister
Israeli Defense Minister Avigdor Lieberman says the looming victory for Damascus may be good news for the Jewish state, suggesting President Bashar Assad can be worked with on issues vital to national security.
Speaking about the long confrontation between Israel and Syria, Lieberman told journalists that “from our perspective, the situation is returning to how it was before the [Syrian] civil war, meaning there is a real address, someone responsible, and central rule.”
When asked whether Israeli forces should be less wary about possible tension in the Golan Heights, the top official answered: “I believe so. I think this is also in Assad’s interest,” Reuters reported.
The defense minister’s statement seems to contradict the much-repeated ‘Assad must go’ and ‘monster Assad’ rhetoric picked by the West and previously echoed by Israel. Back in 2016, Lieberman called the Syrian president a “butcher” who “should be removed from power.”
cont. https://www.rt.com/news/434972-israel-assad-power-syria/
Trump response in 3 2 …
China Releases “Retaliation List” To US Tariffs, Will Levy Tariffs On $60BN In US Goods
Yup
Time to turn the computer off and get away for awhile
Same shit, different day.
USD Starting to strengthen again
I sense a “sell the open” in pm’s today despite the miniscule gains in the pre-market.
Maddog…I guess we shouldn’t have fought City Hall all these years…and gone long stocks and shorted every gold rally…
but that’s in the history books…so what now? Find another field of interest, I guess…like fly fishing or carving duck decoys…
Equisetum, MM3
Equisetum – Kirkland lake has been an absolute star in the pm sector, incredible performance. I’ve been waiting for a dip to get back in but it never comes. That stock alone could keep a portfolio healthy.
MM3 – I’ll turn off the lights when I leave the room.
All seriousness, I couldn’t sell all my positions but I am really concerned about where we are and how little interest there is in pm’s anymore.
Captain
Can’t disagree with the logic. Even bounces are few and far between.
Not sure how much longer we’ll have to wait either, could take awhile.
Buygold
Yes but it won’t matter because the bullish gamblers are completely out of their minds and PM’s will not go up until they are broken, which is not yet. (given a bounce can occur)
Wait for the deflation scare when these idiots start shorting PM’s at the bottom because they think a lasting deflation is coming.
That will be a good time to buy.
Cheers
Jobs Report Miss
157K jobs, expecting around 200K
Should hit the USD a bit, should help pm’s
All depends on what the scum allows to happen
R640
Re Acting man
Gotta love the way he is congratulating Banksters…when the Rig is so darn obvious….day in day out it is the same direction and u can see the No’s being picked to defend….recently it is 2800 in the S&P and 3.00 % in the 10’s, while of course Au just gets clubbed at 8 am London time, almost every day and now they are going for sub $ 1200.
There are loads of reasons to be bearish the SM @ here, two pundits I follow are both looking for a major sell off…the Aden sisters are out of all the SM and an E-waver see’s a major top @ here….yet we get a day like ystdy, where o/n it looks crap as S&P is low 2790’s and then by the end of the day it is knocking on 2830 and APPL is a $ 1 Trillion Co’, yet everyone knows the last lost Amazonian Tribe all have I-Phones…..even if they can’t turn them on.
Mine is buried in a volcano.
Ultimate security. 🙂
Gold Train
Gotta love how the Swiss build railroads
to the tops of mountains!
http://www.railpictures.net/photo/664316/