Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...I still see 10’s haveing triple bottom @ 1.5 %, on Monthly, it will take something big to knock it out, so more upside first.
Silver looking at lousy monthly close, as do many stox….Samb may well be right, we could take some time….
Usual save in the SM in last 30 mins, no doubt 100 k plus S&P futures long, thrown into scum bottom draw……
Good riddance!
Have a great weekend everyone!
Are you so convinced of this int. downturn that you are selling your PM shares?
Silver pretty blah, but gold? Never seen the banksters go above 500K shorts since I’ve followed gold. I know they don’t ever have to cover, but God forbid if they ever did. Crazy stuff if it even matters.
Maddog – rates are coming back in with the SM falling out of bed, I’d like to see a much stronger close than we seem to be headed for right now. Futures might make it above $1500 – barely. Spot, unfortunately not.
Snore…been a few weeks now.
Without mentioning names: It has become glaringly obvious that some posters on this board don’t have the foggiest notion of what an Int. cycle is or what it means to our PM investments. To Rah Rah it up and having proclaimed that this ICL will be over in 3 weeks ie., by Oct. 1st is simply ludicrous. It means that they don’t understand what an Int. trend is or that they refuse to acknowledge that we did enter the beginning of an Int. cycle decline in early Sept. These declines can cause a give back of 50% or more of the previous PM stock gains from the ICHigh which commenced in late May and ended in early Sept. The overall major cycle is confirmed bullish but, we will certainly have these major corrections all along the way up. To deny them is foolhardy.
Ya it’s derivatives related crap.
Get rid of the derivatives and PM’s would fly.
Cheers – Have a good weekend
treefrog – you are definitely right about “conservative hands”. The major problems will be in the urban areas for the military when it comes to enforcing a Martial Law situation. I guess I meant that the military might even need “conservative” assistance. Urban areas in red states will easily be contained. Blue states will be a different story. JMHO
Ipso – Yes. Time for the Saudi’s to get out of their “Vietnam” aka Yemen. Back in the day, the Saudi’s were some of the laziest and least willing troops in the Middle East. They just don’t have the desire to fight. Who could blame them when the kingdom took care of most of their needs?
Capt., RNO – With you on a close above $1500 going into October but there seems to be a lot of pressure against it, although rates are coming back in. Some of the shares are trying to hold up. Might be an interesting last hour.
Is this China tarrifs or more Dem madness.
Yes if gold can close the month over $1500 that would be encouraging.
And if we follow up with a good showing in October, it could be a Merry Christmas indeed.
Cheers
I think I can……..I think I can……..I think I can……
rno
maybe a decent close?
it’s beginning to look a little better. if we close on a rising note, maybe monday will be positive.
Gold has turned up again on the 15 minute chart. Maybe we get a decent close.
rno
IMF (international monetary fund) and Trump.
If you do watch out!
I saw the Dow wants to go down for now. Didn’t see this.. Bloomberg: American capital flows being restricted to China plus talk of delisting China stocks.
But Gold only made it down to 1045, not 350 as you called for
SPX has been up ever since
-> Posted by TCG @ 21:52 pm on February 13, 2012
SPX 530(+10/-10)
HUI 78(+2/-2)
Gold 350, with possibility of 490(+30/-30) holding, but I’m doubtful. 350 Should be the spike.
Assuming Comex/CME still honor their contracts moving forward…you are right.
Of course I’m hoping like heck silver doesn’t go back down to the range you cite.
If this is a bull market then at some point the trillions fleeing bonds, stocks, everything else should overwhelm the criminals running PM paper.
So I prefer staying long non-derivative based PM’s because at some point that distinction will mean something when empty promises come to light/become important again.
Cheers
Oil Tumbles On Report Saudis Agree To Partial Ceasefire With Yemen
https://www.zerohedge.com/geopolitical/oil-tumbles-report-saudis-agree-partial-ceasefire-yemen
what do you think of this strategy?
use the COMEX suppression against them using Silver Puts
seems much safer than buying mining stocks run by crooks
Technically I think deep state started in 1913 with creation of the Federal Reserve act. The founding fathers abhorred (regard with disgust and hatred) a central bank. The Congress gave control of our money to the global banking industry.
You could say the deep state has been getting “found out” lately, just like slave owners were eventually “found out” and couldn’t continue their old status quo.
“because it may take red states types to pick up their guns and engage with the violent and radical left.”
we should remember that the radical left is much less likely to have effective weapons. most of the privately held weapons in this country are in conservative hands. …by a wide margin.
“Money&Corporations are with Trump ,its the communist Democrats …its fight back time ,every generation has to decide if they really want to protect America.”
Not really sure I agree with this statement either. It is clear that the likes of Google, Facebook, Nike, Disney, etc. are deep state controlled entities.
We are in an Orwellian society IMHO, where Corporations and Gov’t. are intertwined and people slaves as Orwell imagined.
In terms of Martial Law as R640 mentions, if Trump initiates without jailing the deep state actors we’ve got problems. The libtards heads’ will explode, and the military needs to be fully behind the Martial Law, because it may take red states types to pick up their guns and engage with the violent and radical left.
Millenials. are a large voting block–if. they. turn out in numbers Trump may lose…Warren could. surprise…if so then the military would need to. take over–McCarthy was right in the 1950s….lots. of Reds then. in. Hollywood–and he was right–today its 95% socialist/commies even though thy would lose. if the. country. went commies…a death. wish…just like the soyboy/soygirl whites apologizing and doing penance for their “white privelege”
