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Richard640

Posted by Captain Hook @ 21:05 on June 10, 2019  

Exactly. The global ‘immigration problems’ are a result of the bankers and their feeder bureaucracies needing ever increasing body counts to justify printing the money … pure Ponzi at work. And if you are going to have them, it’s always good if they vote ‘properly’.

Pop the bankers bubbles and more rational thoughts can be entertained.

Don’t know when that will happen though.

They are a determined lot.

Cheers

 

Maddog–this is one of the best articles on the Euro refugee problem I’ve ever seen.

Posted by Richard640 @ 20:08 on June 10, 2019  

Part of the problem, of course, is that a Londoner calling the police to let them know that the new Afghan neighbours are stockpiling ammonia and chanting “Allahu akbar” will be reported for racism.

Instead, our pasty friends are simply told by authorities to stay indoors, refrain from calling people names “hate crime” on social media, and simply whimper until the situation stabilises… which it won’t. It is one major reason why Brexit exists.

Fortunately, I have a solution.

If your neighbour is a jihadi, you just need to ring up Mr. Plod. Tell him some fella on Twitter, who goes by the name of @onlytwogenders, called you a bloke, when in fact you’ve made it very, very clear that you’re “gender fluid”… and give him your Afghan neighbour’s address. They’ll be around with a tank and a Swat team in a flash.

This brings me to Brexit, which is a result of many things, but certainly one of them is our British friends’ aversion to being… well, you know… knifed.

And so while Mr. Plod is hunting folks being nasty on Instabook and Facegram and crime soars, the rallying cry for Brexit will increase. And many other Europeans will follow suit when their turn comes.

 
WHY THE REFUGEES?

It’s because they have to.

How else do you fill the income gap on the Ponzi scheme of entitlements?

I’ve written before about importing migrants from countries, which Europeans spent most of the last two generations… destroying. It is foolish, but consider that the median age in Iraq is 20. Libya is 25 and Syria 24.

These countries held the promise of solving the “age” equation needed to keep the Ponzi scheme afloat.

  • The story of Brexit,
  • The story of the breakdown of the EU, which we’re in the midst of now,
  • And the story of the rising populist governments in Europe.


They’re all part of a bigger story, which is quite simply a Ponzi scheme where its masters have been forced to make decisions that are proving to be uneconomic decisions.

The refugee labour force is unskilled, uneducated, often violent, and arriving for the benefits… which are rapidly drying up.

This is in fact accelerating the demise of the Ponzi — sucking out more capital rather than replacing it. And this is without mentioning the social upheaval being caused.

When you realise that the entire process of how governments finance the socialist agendas is via the bond markets, you’ll realise why here at Capitalist Exploits we’ve repeatedly stated that Draghi can’t raise rates.

That dog just won’t hunt. With such enormous debt burdens higher rates would immediately bankrupt the governments.

Interest rates and the provision of liquidity by the ECB into member states banking systems is coincidentally also the stranglehold that the pointy shoes in Brussels have on the member states.

Toe the line, otherwise we’ll pull liquidity from your banks, and you’ll have no hope of meeting any of those obligations to your citizens… and thus no hope of election.

 

I guess it just can’t get past 1350

Posted by goldielocks @ 19:49 on June 10, 2019  

I’m still holding hope this time but not looking short term with PO s. Not trading right now but would of sold some at resistance then “hoped”with the free shares till chart said different.

Something I Wondered About

Posted by commish @ 19:45 on June 10, 2019  

R6 – I’m just razzin’ you

Posted by Buygold @ 17:26 on June 10, 2019  

The odds were stacked against you at least 10-1 if not 100-1

There’s just no way this stuff is going to be let up for air. Everything is under complete control.

ZH had another article about China buying more gold. It’s a big “so effing what”?

Buygold–U right, bro, u right…u’ll get no argument outa me…

Posted by Richard640 @ 15:56 on June 10, 2019  

R6

Posted by Buygold @ 15:43 on June 10, 2019  

Sorry man you’re on the brink, I’m keeping score.

Buddha – 1

Gartman – 1

If we were talking magnitudes of move you’d be in serious trouble.

Hope your rabbit out of the hat RSI find pans out.

I just “seen” this little factoid…

Posted by Richard640 @ 15:10 on June 10, 2019  

If I’m reading this correctly…the RSI on this chart is 62 as I write—-On January 22nd-2019—the RSI was also 62 and JNUG had a straight up rally from about 8 bucks to 13 bucks…so I guess there is no law graven in stone that a rally can only start or continue from a 30 RSI…

https://stockcharts.com/h-sc/ui?s=jnug

Seasonal June Bottom is NOW !

Posted by Ororeef @ 12:14 on June 10, 2019  

june-bottom-here

Ororeef – I guess the same could be said for us here in the U.S.

Posted by Buygold @ 11:40 on June 10, 2019  

Too bad we have to deal with the government we elected.

I wonder if those illegals in CA. will have to pay a $6K deductible like I do on their free insurance?

WOLANCHUK=hotliner subscribers comfortably long from 2326… and 2734 …day traders \didnt make chit last week .

Posted by Richard640 @ 11:07 on June 10, 2019  

A little History ..I remember it well,WE are still dealing with it,since 1949

Posted by Ororeef @ 10:23 on June 10, 2019  

Republic of China retreat to Taiwan

The Republic of China’s retreat to Taiwan, also known as the Kuomintang retreat to Taiwan or (in Taiwan) “The Great Retreat” refers to the exodus of the remnants of the Kuomintang-ruled government of the Republic of China to the island of Taiwan in December 1949 at the end of the Chinese Civil War. The Kuomintang (KMT, Chinese Nationalist Party), its officers and approximately 2 million troops took part in the retreat; in addition to many civilians and refugees, fleeing from the advances of the Communist People’s Liberation Army.

Troops mostly fled to Taiwan from provinces in southern China, including Sichuan Province, where the last stand of the Republic of China’s main army took place. The flight to Taiwan took place over four months after Mao Zedong had proclaimed the founding of the People’s Republic of China in Beijing on October 1, 1949.[1]

After the retreat, the Republic of China leadership, led by Generalissimo and President Chiang Kai-shek planned to make the retreat only temporary, hoping to regroup, fortify and reconquer the mainland.[1] This plan, which never came into fruition, was known as “Project National Glory“, and made the national priority of the Republic of China on Taiwan. Once it became apparent that such a plan could not be realized, Taiwan’s national focus shifted to the modernization and economic development of Taiwan, even as the ROC continues to claim sovereignty over regions under PRC control.

The Chinese Civil War between Chiang Kai-shek’s KMT forces and Mao Zedong’s Chinese Communist Party (CCP) entered its final stage in 1945, following the surrender of Japan. Both sides sought to control and unify China. While Chiang heavily relied on assistance from the United States, Mao relied on support from the Soviet Union as well as the rural population of China.[2]

The bloody conflict between the KMT and the CCP began when both parties were attempting to subdue Chinese warlords in northern China (1926–28) and continued though the Japanese occupation (1932–45). The need to eliminate the warlords was seen as necessary by both Mao Zedong and Chiang Kai-shek, but for different reasons. For Mao, their elimination would end the feudal system in China, encouraging and preparing the country for socialism and communism. For Chiang, the warlords were a great threat to the central government. This basic dissimilarity in motivation continued throughout the years of fighting against Japanese occupation in China, in spite of a common enemy.

Mao’s Communist forces mobilized the peasantry in rural China against the Japanese, and at the time of the Japanese surrender in 1945 the Chinese Communist Party had built an army of nearly a million soldiers. The pressure Mao’s forces placed on the Japanese benefitted the Soviet Union, and thus the CCP forces were supplied by the Soviets. The ideological unity of the CCP, and the experience acquired in fighting the Japanese, prepared it for the next battles against the Kuomintang. Though Chiang’s forces were well equipped by the US, they lacked effective leadership, political unity and experience.

In January 1949, Chiang Kai-shek stepped down as leader of the KMT and was replaced by his vice-president, Li Zongren. Li and Mao entered into negotiations for peace, but Nationalist hardliners rejected Mao’s demands.

The Communist military capability was a deciding factor in resolving the impasse, and when Li sought an additional delay in mid-April 1949, the Chinese Red Army crossed the Yangtze (Chang) River. Chiang fled to the island of Formosa (Taiwan), where approximately 300,000 soldiers had already been airlifted.

Its too BAD the Chinese people have to deal with the Government they elected

Posted by Ororeef @ 10:12 on June 10, 2019  

They are now paying for the Communist takover when they threw Chang Kai Shek  out and he ran to Taiwan and HongKong ..the results speak for themselves   .

WE will get the same result if democrats get in…They promise everything and deliver nothing but Power for themselves.  Dont expect the US to undo what Communists do ,the Chinese people have to do it for themselves.

DITTO for Venezuela,CUBA   GO take your Country BACK ! Dont expect the US to do it for you !  LEARN that LESSON because its going to be with you for 50 years or more !

Ororeef

Posted by Maddog @ 9:52 on June 10, 2019  

Re China

U can pretty much tie the China slowdown, to when Xi announced he was staying on for life, that has knocked the stuffing out of the Chinese economy…in that why bother if the Party can just come and take it etc. It didn’t happen over night, of course, but if true will only get worse.

China may not come back for the foreseeable future, but they may well buy PM’s, as they are encouraged and it will be one of the few ways to protect themselves.

White Gold Corp. Increases Mineral Resource Estimate by 25% to 1,039,600 Indicated and 508,700 Inferred Ounces of Gold with 2018 Exploration on the White Gold Property, Yukon, Canada

Posted by ipso facto @ 9:50 on June 10, 2019  

https://www.whitegoldcorp.ca/news/releases/index.php?content_id=176

Floridagold

Posted by ipso facto @ 9:36 on June 10, 2019  

Absolutely insane! The Federal gov better not bail them out when they go TU!

Iran has accelerated production of enriched uranium, IAEA says

Posted by ipso facto @ 9:31 on June 10, 2019  

https://www.reuters.com/article/us-iran-nuclear-iaea-enrichment/iran-has-accelerated-production-of-enriched-uranium-iaea-says-idUSKCN1TB1KV

Tahltan Nation and Seabridge Gold Execute Far-Reaching Agreement Covering Protections of Indigenous Rights and the Environment and Shared Economic Benefits for KSM Project

Posted by ipso facto @ 9:25 on June 10, 2019  

https://ceo.ca/@newsfile/tahltan-nation-and-seabridge-gold-execute-far-reaching

Revival of bitcoin

Posted by Ororeef @ 9:08 on June 10, 2019  

may have been HongKong moving money out ! Even Chinese in China afraid of Government crackdown on dissidents in Taiwan and HongKong  sending them to Mainland for trial in violation of British agreements giving it back to China.China making a POWER move Political Power resulting in a Financial disaster causing the rich to flee.To china Political Power is more important ,,,same ole Communists.They will go bankrupt before giving up political Power..SOUNDS like Democrats  ! Dont it ?

Currency Manipulation by China inMay

Posted by Ororeef @ 8:54 on June 10, 2019  

china-manip-curr-perf

I’m standing tall here…This plunge this morning is a gift from G*d buying opportunity in G&S!

Posted by Richard640 @ 8:10 on June 10, 2019  

WE may never see prices this low for PMs again in our lifetimes…this drop is just loading the slingshot!

Still, not everyone was rushing to buy stocks just inches away from all time highs: “We remain a bit skeptical about the rally since last week, which is again due to expectations for easier monetary policy and easing trade tensions,” said Goldman strategist Christian Mueller-Glissmann. “Equity valuations remain high and global growth is still weak, which suggests draw-down risk remains elevated. As a result, we are reluctant to buy the dip.”

[Buygold=It’s a yolk, son, just a yolk…I ain’t buying and I ain’t doing diddly-squat…silver’s down 33 cent but my CDE is just down 2 cent…but it’s still early–looks like a no-bounce day today with G&S ending on their lows]

[P.S.–the way G&S are falling, they may fill all gaps and reset the RSIs into the 30s/40s all in one day…]

Morning Maddog

Posted by Buygold @ 7:56 on June 10, 2019  

Yes, the rule always holds. Upside gaps must be filled. Downside gaps – not so much.

Forgive my complete lack of confidence….

Buygold

Posted by Maddog @ 7:41 on June 10, 2019  

We were/are short term O/B, there are Weekly gaps to fill in the shares below, they are rarely left behind and Daily ones, which are tempting….so far it may just be that…the positive is that we will have weekly gaps on the upside to chase…if we open here or worse .

Rumors of an extended pm rally were clearly premature – Friday told the story

Posted by Buygold @ 7:30 on June 10, 2019  

Once Rubino came out it was curtains. Another epic fail for a breakout on the charts.

Image result for hammer time pictures

Richard640 @ 23:33 on June 9, 2019

Posted by Ororeef @ 6:25 on June 10, 2019  

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.