Loading ...“Week after week, month after month”
Yep, the only difference between you and me is that I’m working again after being retired for 17 years.
This is a ruinous sector.
Gains from earlier in the week…poof, gone.
I’m not sure what is real anymore….
Rosenstein Proposed Secretly Recording Trump, Invoking 25th Amendment
Why the hell are all these people wandering around free…just what does a Swamp Dweller have to do, to get prosecuted?????
Then we have the totally rigged mkts…which are not mkts at all, just mirages of reality.
Treefrog – get used to it
Before I retired , I got to bed at 10 pm , got up at 6:30 after a good night’s sleep , was in the office around 8 am got off at 5 pm , did my yard chores on Saturday , and my wife and I would go for a long drive in the country and the mountains on Sunday .
Now it seems like I often work on things around home , read , catch up on things at the ‘Oasis’ until close to midnight , and am up at 4 again , wide eyed for a couple of hours , watching the Asian markets . etc. until I can get back to sleep around 6 for another two or three hours of sleep , getting up in time to see what damage has been done by Crimex . Week after Week after month ….and the To Do list keeps getting longer .
At least in FL I don’t have to shovel snow !
Check Out Copper and Palladium on the Week
Maybe they will lead Gold and Silver on this next leg up.
https://finviz.com/futures_charts.ashx?t=METALS&p=w1
https://finviz.com/futures_performance.ashx?v=12
The long term view from the late 2015 lows. Gold still higher. Silver looks like no gain since.
retired? i just thought i was retired.
i’ve been developing a secondary career this week. riding lawn mower mechanic. i’ve spent waaaay too much time this week with wrenches in my hands.
fix obvious problem.
next day, problem recurs, find underlying problem, fix it, refix first problem.
next day, problem recurs, find problem underlying primary underlying problem, (a nut vibrated loose.) fix it, refix primary underlying problem, refix first problem.
ad tedium
Sessions refuses to change the schedule on MJ I’m guessing the swamp is making too much money off confiscated drugs and money.
To make it worse parents treating their kids with the less toxic Cannabis for seizures are getting their children taken away and then given the more dangerous drugs like phenobarbital.
To make it worse they will charge a exorbitant price to get it legally some day. I’m guessing part of the reason why people can see it may eventually be recognized as having medical benefits and of course they’ll crank the price up of this weed you can grow in your yard for free.
First Marijuana-Derived Prescription Drug Will Cost $32500 a Year
http://healthcureusa.com/2018/09/18/first-marijuana-derived-prescription-drug-will-cost-32500-a-year/
Shares trying to come back
but no way will they let gold off the floor. Every time it gains a couple bucks another two second dump knocks it right back down.
Central bank demand for gold reaches 3-year high
Central banks’ demand for gold reached a three year high, rising 8% during the first half of 2018 compared to the same period last year, according to a World Gold Council market update on central bank buying activity released today.
Data reveals that 2018 H1 marks the strongest year for central bank gold buying since 2015 – a total of 193.3 tonnes of gold have been added to central bank reserves so far, compared to 178.6 tonnes during the same period in 2017.
Emerging market central banks have played a key role, with Russia, Turkey and Kazakhstan accounting for 86% of central bank purchases in the first half of 2018.
cont. http://www.mining.com/central-bank-demand-gold-reaches-3-year-high/
Looks like all the Fat Cat bastards in New York City want to slam us this morning
It’s a never-ending nightmare what a bunch of crap. Just retesting the 1200 level for the 100th time. Smells like bullshite and dead fish to me
‘Remedy the mistake or bear the consequences’: China hits back at US over sanctions on military
Beijing has threatened that Washington will face “consequences” if it doesn’t withdraw the recent batch of sanctions against China over military cooperation with Russia.
China’s Foreign Ministry did not mince words, saying Washington should immediately correct its “mistakes” before it’s too late or face the consequences for the decision.
“We strongly call on the US to remedy the mistake and cancel the sanctions. Otherwise, the US has to bear the consequences,” spokesperson Geng Shuang said as cited by Chinese media.
SILVER
nice little rebound going on. you can’t keep a good puppy down!
Coca Cola
getting back to its roots …The Coca as in Cocaine is no longer mentioned in Polite company ..So Coca Cola has decided to keep upwith the TIMES and incorporate Marijuana into their drinks assortment .Out with the Cocaine affiliation and in with the acceptable Marijuana drinks ..its the new image thats ok with the Millennials .
Next thing they will say is “we do it for the children”.
Coke could make a move into cannabis-infused drinks
Coca-Cola is considering a move into the growing market for cannabis-infused drinks.
Coke said in a statement Monday that it is “closely watching” the growth of CBD, a non-psychoactive component in marijuana, as an ingredient in what it called functional wellness beverages.
Content by MyFinance
-
2 Savings Accounts Your Bank Doesn’t Want You To Know About
“The space is evolving quickly,” Coke (KO) said. “No decisions have been made at this time.”
CBD, which does not produce a high for the user, has been used for medical purposes, including easing inflammation, pain and nausea.
Coke’s interest was first reported by Bloomberg, which said the company was in talks with Aurora Cannabis, a Canadian cannabis company. Aurora has also expressed interest in cannabis drinks. Neither would comment on a possible deal.
“There is so much happening in this area right now and we think it has incredible potential,” said Aurora spokesperson Heather MacGregor. “Stories like this are further validation of the massive global potential of the cannabis industry.”
Constellation Brands(STZ), the maker of Corona beer, Svedka vodka and Casa Noble tequila, announced last month that it is investing an additional $4 billion in the Canadian cannabis company Canopy Growth (CGC).
A number of Canadian cannabis companies, including Cronos (CRON) and MedMen Enterprises (MMNFF), now trade on US stock exchanges, and some American companies have taken stakes.
And Lagunitas, a craft beer label of brewing giant Heineken (HEINY), already has a drink infused with THC, marijuana’s active ingredient, which does produce a high. It can be purchased at marijuana dispensaries in California.
Both cannabis and CBD are still illegal in the United States under federal law, even though a number of states have legalized marijuana. But the prohibition against CBD is not strictly enforced. There are third-party sellers offering CBD-based products on Amazon (AMZN), for example.
commish @ 9:02
LOL Thanks for the yucks! 🙂
Hey Maddog
They definitely needed gold below $1200 for “quadruple witching” today in the US
No doubt the tell yesterday was the USD getting crushed and pm’s going nowhere.
If I hadn’t held this stuff for so long all thru the terrible last 7 years, I would never touch it.
Funny how options expiration always smashes pm’s but never has any effect on anything else in the markets.
This smash in gold is related to todays op-ex for G&S calls on PM stocks-silver isn’t down much
and this is a buying opp.—we may never see these low prices again for PM stocks and bullion in our lifetimes…the dollar was down .650 yesterday and produced a mere 3.50 gain in gold–the $’s up .380 and we get a 14.20 drop–using these numbers, gold should have been up $25 yesterday…
Maya @ 4:06
Not so much anymore …
Morning Buygold
Stepped away for a few mins and $ 10 goes up in smoke as Gold smashed back thru $1200. I guess the tell was Nem and GG stinking the joint up ystdy.
Luckily I shorted Cable earlier…but anything being made there will get eaten by PM stocks falling apart today…..same game as always…..and the SM just cruises on to another day of record Hi’s….no sir no manipulation anywhere….perish the thought……!!!
Maddog
Just wait until the SLV options expire. They are above neutral on a short-term basis (which will end post expiry if only temporarily). That accounts for the relative strength. It won’t last unless the bullish speculators are truly broken however.
Cheers
Maddog – Napalm
Unbelievable dive bomb in gold in the last few minutes
I guess because the market is open? It’s Friday? The sun is out?
Re Beatings…..
Au made a Hi of 1211.50 in the 8 AM hour…..bang on schedule the seller turned up and it’s been down non stop since….though AG is holding today….so far.