Loading ...scum are busy making todays numbers SM bullish and PM bearish…not easy as the dialogue has to be turned 180 degrees….
Day is over folks
as I said yesterday, today would start great and end in tears.
Not really hard to predict after 17 years of pm watching.
Have a great weekend everyone. Weather is nice, I’m out, at least until the close and the fraudulent COT’s come knocking.
Party Foul: The London Metals Exchange Has Banned Drinking During The Workday
Pathetic…the LME was renowned for drinking any and all other City traders under the table….There was one company that used to hand out 4 tins of beer to all the staff, after a good day…..the Chairman always had a beer at 11 o-clock in his office, before heading off for lunch and not being back before 3 pm…..most days.
Eco data
Retail sales came out – a little better than expected ex-autos, previous months had upward revisions
That was good enough to hit gold for a couple of bucks and goose the USD a few ticks
Thou shalt not chase gold up days.
Edit: Gold selling is intensifying now….and here they come….big effing surprise.
These guys warned for years before they were right in 2008–now, 11 years later, maybe they’ll finally be right again
Schiff says:
“The Fed’s balance sheet ticked up last week to $3.85 trillion. Perhaps it has already seen its lows. When the Fed goes back to quantitative easing, the balance sheet will balloon to $10 trillion even quicker than it did to $4.5 trillion. But next time the Fed’s exit-strategy bluff won’t work. Got gold?”
Turk says
gold’s price likely will be capped next week because there is a meeting of the Federal Reserve’s Open Market Committee. But he adds, “There is a lot of money on the sidelines waiting to buy dips” and “the momentum guys are not even in there buying yet.”…
Portugeezer!!!!
Missed your post, thought it was part of an Ororeef post until I saw Alex’s note and then scrolled to see the pictures!!
Handsome couple! Congrats to you and your beautiful bride!!!
Portugeezer
Congratulations! 🙂
Good to see for a change–har! har!
Direxion Daily Gold Miners Index Bear 3X Shares (DUST:NYSE Arca)
Real Time Quote | Last NASDAQ LS, VOL From CTA | USD
|
| 8:21:07 AM EDT
|
Volume | |
|
14.6099
-0.94 (-6.05%)
|
Great News , Portugeezer !
Congratulations , and God bless you and your bride !
Well we’re definitely gapping
even higher than I thought.
Let’s just hope that when the Crimex shows up for work we don’t have to give it all back.
Maddog had some rules about gaps.
Short term triple top on HUI is around 178, that’s where we’ve been stopped before.
Winedoc
Cool coin.
Richard
Maybe 
this has something to do with it. From a conplat.
https://www.thesun.co.uk/news/9284293/explosions-oil-tankers-gulf-of-oman-iran/
Coffee Time: “We the North”
Raptors Win !!
Gold in CDN Â $1805
Morning Friends
Winedoc
A-hoy, Mateys…it’s 4:48am and all is well=Last quote on August gold=1359.40 + $15.60=Silver up 13 cents also over the $15 hump-only by 2cent but I’ll take it!
Many establishment investors/managers have gone down in flames lo these past 8 yrs making calls that “gold is the place to be”
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Perhaps time and circumstance have conspired to honor Paul Tudor Jones with the title of the one who kicked off the great gold bull market of 2019.
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But, boys and girls…it’s waaaaaaay too early to order your Rolls and Bentleys…let’s see if we can just make it through the day without getting skinned alive.
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4:22. am—gold just blew past 1350 like a hot popsicle through frozen butter!
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 Last quote on August gold=1359.40 + $15.60——Silver also over the $15 hump-but only by 2cents but I’ll take it!
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No trade yet on CDE which closed at 3.54 last nite in extended trade-it’s 3.65/3.89  bid/ask at 4:57am
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JNUG in the pre-mkt.=Â
9.51
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+Â 0.56Â (+6.26%)
—SLV traded already=up 11 cent
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$1350 and $1355 POG taken out. !
Hong Kong ?
Gold Train
Full steam ahead! One can only imagine the sound…
https://railpictures.net/photo/698039/
https://railpictures.net/photo/697995/
Hong Kong
needs to take over China ,not the other way around.They should broad cast TV and radio about freedom in Hong Kong ,do a media campaign to the mainland .Let them see the higher standards of freedom of the Press . Proper Courts that have protections.A BILL of RIGHTS is a GOOD place to start . A copy of the Constitution dropped from airplanes all over China would be a good start. .
If Reagan was the great Communicator
Trump will be the Great Excommunicate r, hes going to take out the Trash ,deport some ,throw some out of Government ,even the POPE has the right to excommunicate from his Flock ,when needed .Why not Trump ?
MAGAÂ Â ,rebuild ,take out the trash ! Then remove the Parasites ,the moochers,the permanent Politicians bloodsucking the Nations life blood …You cant rebuild until you gut the place first and see whats worth keeping and whats not …then you rebuild…Start with the FBI,then CIA and keep going until Government employees get the message …Democrats, Republicans and other assorted hangers on to the Government teat..
Make them so uncomfortable, a job in the private Sector will look inviting .cut their Pensions first; the moneys not their anyway ,why pretend it is..Take away Government HealthCare paid for by TAXPAYERS ,make them use ObamaCare ,or private CARE like the rest of us….THere are plenty of JOBS in the Private Sector and if you think you are so valuable to the Government ,you should have NO problem finding a good job in private Sector.
Both side Slam Trump
for saying he would accept info from foreigners…..What the Fuck ..how short are your memories as you Pretend to obey the LAW during Elections .Look at what Trump had to deal with ..a crooked FBI that they now say he should trust with that info solely….at thier descretion  …What hypocrites Pretending the FBI can be trusted during an election…what the hell WHO started this shit anyway ?Then comes in the CIA another bunch of crooks who they say should be trusted with State secrets ..where were they when foreigner Christopher Steel was falsely and illegally giving info to the FIZA COURT …I suppose trump will be asked to trust them again during the next election…
If Trump is anything ..he’s not that Stupid ,nor will he pretend to trust them as AMERICAN INSTITUTIONS of Great humility and trustyworthyness and deserving of Trust and Loyalty .He would tear them apart and rebuild them like an old HOTEL like he knows how to do so well..Maybe that what they are afraid of ..he knows how to rebuild things and make them function again ,but he must take out the Trash first ..THATS what their afraid of..