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knock on wood
Morning MM3
Seems like the same thing here in Idaho, the artic chill that’s hitting the Midwest and east coast here in the U.S. is sort of missing us. As you said something to do with the jet stream.
I’m not complaining though, not like I miss those winters with -10 degree temperatures.
I think I’m going to follow in Alex Valdor’s footsteps and find myself a nice warm spot in South America. Right now I’m down to picking either Columbia or Equador. I don’t want to finish my life in an igloo.
Maya, in typical Canadian fashion, all I can say is sorry.
This climate change has been a plus for us here in BC (10ish degrees above normal) compared to most parts like the North American East (extreme cold) or Aus (extreme heat).
I believe the sun is the main cause, impacting our magnetic fields (poles) and thus the jet streams. We happen to be on the good side of the transition zones. I am not an AGW stooge willing to be taxed up the wazoo even if I think human pollution is not helping the situation.
Or as BG says with the gold market, WTFDIK…
Anyone know where we’re going?
I look at GLD and SLV and they are approaching overbought. GDX and GDXJ too.
but the moves have felt so muted, although on the charts they look almost straight up
Waiting for the other shoe to drop, usually if we don’t get hit the day of the Fed meeting we get hit in the days after.
Got some cash to deploy but don’t want to chase. They sure don’t make it easy do they?
Snow Train
Well mm3 may be home, but he forgot to take his cold Canadian air home with him. Some still hanging around down here in the tropics. Frosted windshields in Volcano village at 4100ft elevation this week. Mountain summits 22F with 80mph winds from north. Dry air, no snow.
What ‘Polar Vortex’? The trains must go thru!
http://www.railpictures.net/photo/685889/
goldielocks @ 22:24 – Well THAT was colorfully descriptive!
But I wonder what he REALLY thinks!
Lol
Manitoba mayor apologises after saying he’d like to sodomise Justin Trudeau with pipeline equipment
commish @ 18:15
That’s a laugher too!
OBTW Eff Gillette!
Its all about Inflation !
Housing and Lumber made a long term bottom on DEC 31 ,How fast it rises is the Question !
Silver Bottom nov 13 ,Gold Aug 16,Crude DEC19, copper dec28,Materials dec 24 lots of BOTTOMS in DECEMBER
Someday
I hope to say “Wow the metals were quiet but the PM shares kicked ass!”
That wasn’t today.
SnG re: Guaido and Maduro
Guaido is a Globalist “plant” much like Obozo was before he “rose” to the presidency. Also Trump says one thing in public and totally different things privately(see actions with the “fat man” from NK). I would not be surprised to see an agreement with Maduro that is US friendly some time soon( Bolton’s obvious act of leaving the note for all to see was just a little bit of a message to Maduro to ply his way of thinking ). Throw them some aid in return for a goodly share of oil allotments and maybe some “rights’ to some of their gold fields like China has been doing for some time now. Trump always has a plan. Trust the plan. Dump the CBs and their globalists leaders. JMHO (and that of the X22 Report dude).
maddog
Silver and gold are doing pretty well, especially silver.
What I’m watching now though is the shares starting to give up their gains.
Tough questions for Powell, but the SM seems to be only half buying it.
Another hour until the close. We’ll see what happens…
There must be carnage on the Bond dept’s….Curve has gone ape steep.
As usual most of the money is pouring into the SM…..they only know one trade.
PM’s should be up monster…still something is better etc.
MM3
Having a tough time with $1320 much less $1340
Still looking good for now…
Reporter just asked about caving to Trump – totally lying about the political aspect. JMHO
Well shux folks, you too eeos
I’m stunned by the reaction in pm’s
The Fed is totally caving. Balance sheet reduction seems to be over. QE is getting a lot closer.
Glad to see the USD cratering, glad to see the pm reaction. Silver is ripping, Gold doing well.
Looking good Billy Ray
Come on $1340, bust through that wall like a MS13 drug mule.
By close tomorrow please.
Good to be home.
JNUG
Up $.70 @ $11.28. Somebody is getting nervous.
rno
whatever the fed sed…
the dollar didn’t like!!