view. of todays. action…nice. to see silver come alive–maybe we’ll repeat. that day with. silver up 80 cents and gold up 30-35.
Oro re: Freedom Fighters in 1956
In the 1950’s my hometown tripled in size , and my parent’s home had extra bedrooms , so Canadian immigration asked if we could take in some immigrants who had fled the iron curtain . The first was a young East German who escaped by swimming to freedom across a river close to his native city of Eisenach … in late fall , at night , wearing all the clothes he could swim in . He was spotted , spotlighted , and escaped a hail of bullets by swimming underwater in a zigzag course , coming up for air when the water was dark above him , not lit up by the moving spotlights . He reached the other side and ended up migrating to Canada a few months later . He was about 8 years my senior and became like a big brother , teaching me how to shoot , and even letting me drive the truck he bought a couple of years later , when I was about 12 .
In late 1956 , we took in about a half dozen Hungarians , who also boarded with us . They had some interesting stories of their escapes to tell around our dinner table , I can assure you . One , who frankly gave me weird vibes , had slit the throat of a Russian soldier to make his escape (and could smile when he retold the story – it was obvious that he enjoyed reliving the experience) . All were extremely grateful to have come to a land of freedom and opportunity . I heard that old Joe (the killer) later bought a failed FINA gas station a few blocks away and turned it into a successful auto repair shop .
Hannity on about Epstein
He waists too much time diverting from the issue to himself. Can he ever shut up so we can listen to the experts.
I like him but needs to shut up and stop diverting or people are gonna suspect he’s covering for the system.
Hey Ipso
No doubt prices will show up in earnings but I kind of think the stocks should be anticipating the earnings.
Then again we have the scum trying to keep enthusiasm at bay and a down stock market.
Buygold @ 18:30
Won’t take too long before the higher metals prices show up in the earnings … though if we go up sooner that’s OK. 🙂
My 2 cents
Steady on the tiller as Jim Dines was want to say. The $Gold chart still says full speed ahead…damn the torpedo’s. Different story on WED, July 31st. Then this up cycle was lost unless we had an immediate DRAMATIC upturn! And wow did we ever get that…a knock your socks off rally the next day on Thursday Aug 1st. Still give back Friday was coming up to the plate but, it turned out to be a very mild small giveback. The weekly charts were then good to go.
Since then, I just have blue sky signals…so far anyway.
The one negative thing about the rally that worries me
is that the shares really haven’t taken off and caught up with the metals. They should be leading.
Today was a little ugly considering the performance of the metals.
Maybe they’ll play catch-up tomorrow.
I can’t carry. this overnight–there’s. just. too much. risk-I’ll just. bank my 7600 net profit. and consider myself lucky…
08/12/2019 16:12:03 | Sold 20000 DUST @ 7.06 |
I tolllllllll-ja! They did it Friday and did it today…it’s no fluke…the gold rally is over. for the. indefinite future…
Stopping gold is a matter of national and international priority to prevent panic. in the integrity of the fiat system and. the new Modern Monetary Theory…yes, it’s outrageous…and yes, I too was convinced the bad guys. had lost. the war…so don’t. shoot. the. messenger…
Filled Buy 20000 DUST Limit 6.68 — — 11:57:01 08/12/19
Ororeef 11:22
I remember talking to a girl about it in the early 60s who were Hungarian friend of my Hungarian relatives in Denver. We were in her basement making poppyseed bread and she told me how they had to escape with a long treck with only what they could carry and gunfire was everywhere trying to shoot them. She was too young at the time to know what was going on but remembered something bad happened to their country they were shooting at them and barley escaped with their lives.
scum power
Au break to new hi of 1520……then gets rammed back and most shares are rammed to down on day….they really are scared to death of PM’s.
and still they sit on NEM
It is rarely always the same..but to see the shares being held down as Gold explodes is just madness…..still the longer it goes on the greater the bargains they become…..as soon, once dividends come into play, all the money in the world will want in.
downdraft?
metals prices holding modest gains, hui taking a hit.
downdraft from broad market??
quick, get the ppt to order some broads!!!
Hang on…of course not everything is right …NEM is down…..
No way do the scum have a long weekend.
Richard640 @ 11:34
That’s a contrarian indicator.
If the specs were not already long a pant load of futures the metals (and shares) would be ripping higher.
Maybe some of that radiation from Russia can float over and melt the commercial’s brains and they start covering.
Wishful thinking.
That said, the fact the aggressive gamblers are fading the metals (and shares) is bullish. The technical guys are all looking for a correction. That’s bullish too as a great deal of selling / shorting / hedging has occurred in the shares / ETF’s (especially in silver).
So something that’s possible is the short term aggressive players might cause a crazy Ivan continuation move higher.
I’m not forecasting this — but it’s possible.
Cheers
Molotov Cocktails (a bottle of Gasoline with a Rag stuck in it ,set on fire then thrown at a Tank )very effective !were the only weapons the Hungarians had ….
and we still debate “GUN CONTROL” ? stupid is as Stupid does…
I wonder what the Current Government of Hungry’s views on Hong Kong are ?
that would be a very interesting interview …This time its China ,back then it was Russia
Its going to give PAUSE to CHINAs neighbors about what could be in store for them…
Buygold-it’s 11:30–I went out at 10am-now I see the dollar is down MORE–rates even lower–gold was up 5.80–now it’s up 8.40 and [drumroll]
DUST. is. higher. @6.75…it was 6.65 when. i. left…and all the PM stocks have drifted down….something is up–like I said friday=orders were issued to stop the gold rally at all costs…O, yeah, and. stocks have fallen further…silver. was up 2 and now up 13…