everybody’s watching, waiting to see what’s going to happen

same ole bullshit ,car sales are going into the dumpster,they want more money and more of the “PROFITS”..

,,what they need is more imports and cheaper imports ….idiots ,since when is labor untitled to “profits” ?

unless they are “owners” (stockholders)..they get their “Wages”….and benefits ,healthcare etc …,NOT PROFITS    ..Greedy Unions busted companies before ..thats where they are headed …Ive seen them when the Unions became violent and sabotaged the vehicle they produced….give us what we want or else !   Hoodlums…They didnt learn nothing when Government needed to increase imports to get them under control again..  Democrats…all of them…communists ,violent thugs …here we go again   ….Ford cant make a profit producing cars anymore ,GM must sell cars at $40,000 and up to make a profit ! Who can afford to buy them ? 6year loans ,,whats next 100 year loans like the Bond Markets with negative  returns for investors …Give me a car today and Ill pay you back over  100 years,….loan at zero interest …

So far this is not the usual nothing to see here, playbook.

Bull mkts get the news the need and this news, made being short PM’s, a case for being carried off in a straight jacket and kept in a rubber room.

wait!!  gold and silver starting to move–dow. down a 100…we’ll see by morning

http://futures.tradingcharts.com/marketquotes/

crude down .24 cents is from friday–

Nymex crude up 6.23–that’s 2.20 off the high\

Dec gold. up $11—that’s 4.20 off the high-silver is up 18 cents

DOW. futs down 80–bonds. higher by about a 1/3 pt

Oil Explodes 19% Higher, Biggest Jump In 28 Years

Brent has reopened for trading, and in the aftermath of Saturday’s attack on the “world’s most important oil processing plant”, exploded some 19% higher, its biggest jump since 1991.

PM’s are up nicely tonight but oil is down a few cents?

Pretty sure I’ve lost my mind.

https://twitter.com/i/status/1024460398500749312

I don’t follow the big companies very closely. From your post I’m sure you know more about this situation than I do.

Cheers

While the redundancies in Saudi oil infrastructure mean that output may be restored as soon as Monday, the attack could build in a premium to oil prices that has long been absent due to complacency. Indeed, traders may now need to factor in new risks that threaten to take not hundreds of thousands but millions of barrels off the market at a time. U.S. shale production may have upended the world energy market with nimble output, but the market’s reaction time is several months, not days or weeks, and nowhere near enough to replace several million barrels.

After the smoke clears and markets calm down, the technological sophistication and audacity of Saturday’s attack will linger over the energy market.

Write to Spencer Jakab at spencer.jakab@wsj.com

https://en.wikipedia.org/wiki/List_of_LNG_terminals

Go ahead and destroy oil capacity  ..see what happens ! cut your own throat !

Iran. not respond toa counter attack…the situation could heat.  up to a war. very quickly–there are no winners in full scale war today-iran-israel and saudi arabia could be all  wiped out just using their 1000s of conventional rockets–they are very prcise today–the u.s. would use their atomic bunker buster bombs on. irans nuke factories

and a FEW DRONES  will take out IRANS Capacity too !  and the money they use to foster Terrorism  ..tit for tat…that leaves the US with the most refining Capacity …and Venezuela dont have any …and it all benefits Israel with its new capacity to sell NAT GAS ..at higher prices..to Egypt…Russia also wins either way ! The US will benefit from HIGHER LNG Prices….Maybe thats the Master Plan  … to get LNG prices up …take out OIL first !  Things are never what they appear to be   ! The winners will be US,Israel,Russia…not mid east and thats a good thing…LNG changes everything..

will soon. have nukes–that cannot. be tolerated…personally,  I. think they may em already…this incident wasn’t like. a. Houti suicide. bomber blew himself up in a Saudi mkt and killed 6 people…this was an act of. war….took out 1/2 their capacity with just a few drones….unbelievable!!

It seems to me somebody wants the price of oil UP !  and if Iran pays the price all the better …but that dont mean Iran started it..too many false flags in mid east politics….name your favorite bad Guy  ! The US dont want the price up until after the election ! probably wont retaliate till then…  Look to who benefits  if a war starts before then. Democrats come to mind ….politics first ,then the price will rise and blame dosent really  matter..The objective will be  accomplished ..

Why would NM put Red Lake up for sale ?  we know GG stock never lived up to expectations ! I s it because the mining plan was wrong ? Its not amenable to large scale bulk mining  ?  ,It has rich veins that need a different plan that NM is not accustomed used to ?

The entire world wants Iran crushed but most. won’t. say it pubically.

We’re Ready For “Full-Fledged” War: Iran Responds To US Accusation It Launched Saudi Oil Attack

IRGC commander announces American bases and ships “within range” of its missiles.

That’s an excellent point.

I think PM’s will be looking good again by month’s end.

I’m hoping the traders get caught flat footed again.

Cheers

No ignoring your COT comments. I think we all know they are suspect and pretty unreliable as an indicator.

This latest rally being proof, if COT’s were so reliable gold probably shouldn’t have even made it above $1400

We’ll see where this selloff takes us.

Thanks for sharing that. Roberts is no doubt severely compromised and likely blackmailed- rumor being he is homosexual. Evidence of course is his deciding vote on Obamacare which was highly unconstitutional. He is a Bush, Clinton and Obama swamp creature and enemy of the people.