…and congratulations to those who polled a year ago , near $1280 that we’d be over $1500 today ($1516.80 bid on Kitco at the close ).
Coin Guy – Shux, Have a Happy New Year!
We’ll see what happens next year…
HUI going to bust through major 235 resistance before year end?
No. The shit is about to hit the fan…Wake Up!
Merry Christmas…
The CoinGuy
newtogold @1:27, 31 December 2019. Thank you for the note about Farmboy.
We miss Farmboy’s postings. If you see him tell him that we managed to salvage the hat
when we finally found a suitable burying spot for this big yellow cookie. So the hat is still available. When this pic was first posted a long time ago, Farmboy expressed an interest in the hat, either for himself or for one of his friends at the feed store. Best wishes for 2020. Equiz
Buygold
What I worry about is the fact something took place that would put them in danger of retaliation but their something to whomever” probably intel safely hiding behind a computer like Benghazi was more important than their lives. A 100 more your right ,then will also be in danger. Our people aren’t expendable pawns to be be sacrificed to draw in more war some sociopathic warmonger. That includes non combatant collateral damage. They want to dig a hole dug their own hole.
None of this is for our benefit or that of peace or Syrian oil.
Hey Maddog
They got our silver below $18 to close the year as you predicted.
Our shares didn’t get crushed today which was good to see – unless they get us in the last 10 minutes. ?
New year comes. Scum always around
Hi Goldie
I’m pretty confident our people will be removed from the embassy without bloodshed if that is our goal.
If our goal is something different then 100 marines is not enough.
Trump is being forced to make a decision to either escalate or withdraw. Either move will be criticized, especially withdrawing because after 17 years we have nothing to gain.
Your post and MacArthur’s statement about politicians and the MIC being more afraid of not having a war than having one was quite true.
Buygold 13:57
I do pray a aggressive negotiation can be made to allow them to get out of there without more bloodshed.
This was unexpected but were not supposed to be watching, that’s their job. Hard to restrain emotions of “ what’s going on now”??? And how could you do this knowing your putting these marines in danger!!!
As McArthur pointed out if we must fight we fight for anything it’s peace, integrity “ credibility” not more war.
If these leaders truly care about their people other than using their unemployed as human bombs to get rid of them they’d work in peace and prosperity instead of slavery and death.
Any you wonder why kids are getting confused with propaganda and fake news that emerges from it with blame games. It’s not just dividing countries it’s dividing allied nations.
Back to starving Syria of their oil again so who are they helping?
Fluctuating U.S. Dollar and Prices Food For Thought
In general, rapidly climbing prices cause Producers then to lag or delay selling. (oil gold etc)And, at the same time, Consumers buy ahead of time to save money, avoid payer more later. Aka hording. If Copper 4X8 sheets are climbing and I need ten per year I’ll buy 10 at once. If the price is falling I’ll buy one sheet at a time. Same with gasoline. Remember the lines?? Everybody topping off? Gasoline .25 to $1.25?? Factor of 5?
Supply and demand USED to determine the prices. Now the fluctuating US Dollar prices decide the supply and demand, to a point. After which the distortion gets extreme enough to cause a reversal of the trend. Natural supply and demand balance PRICE is fleeting, temporary. But overall natural production and consumption is normally fairly stable.
I once heard T Boon Pickens say…”If I have thousands of barrels of oil, and its climbing, why should I sell it this month”?
Nobody can over produce gold. Higher prices would hopefully pull in recycled to feed consumption for jewelry investing etc.
Re Cannabis Stocks, Anybody Notice? Climbing Like Gold Stocks Today.
Off EXTREME lows. Is it short covering for tax returns? Or is it new plans for next year?
MacArthur
“and renders among our political leaders almost a greater fear of peace than is their fear of war.”
I shall raise my voice as loud and as often as I believe it to be in the interest of the American people. I shall dedicate all of my energies to restoring to American life those immutable principles and ideals which your forebears and mine handed down to us in sacred trust. I shall assist in the regaining of that moral base for both public and private life which will restore the people’s faith in the integrity of public institutions and the private faith of every man in the integrity of his neighbor.
I shall set my course to the end that no man need fear to speak the truth. I could not do less, for the opportunities for service my country has given me and the honors it has conferred upon me have imposed an obligation which is not discharged by the termination of public service.
Much that I have seen since my return to my native land after an absence of many years has filled me with immeasurable satisfaction and pride. Our material progress has been little short of phenomenal.
It has established an eminence in material strength so far in advance of any other nation or combination of nations that talk of imminent threat to our national security through the application of external force is pure nonsense.
It is not of any external threat that I concern myself but rather of insidious forces working from within which have already so drastically altered the character of our free institutions — those institutions which formerly we hailed as something beyond question or challenge — those institutions we proudly called the American way of life.
* Address to the Massachusetts legislatur
It is part of the general pattern of misguided policy that our country is now geared to an arms economy which was bred in an artificially induced psychosis of war hysteria and nurtured upon an incessant propaganda of fear. While such an economy may produce a sense of seeming prosperity for the moment, it rests on an illusionary foundation of complete unreliability and renders among our political leaders almost a greater fear of peace than is their fear of war.
Kunstler’s Forecast … a fun read and some will likely happen …
Forecast 2020 — Whirlin’ and Swirlin’
You too deer79!
We’ve been through a lot of struggles for a lot of years together, let’s hope that the tide is starting to change with the new year.
I suspect the boys will be back from the Hamptons on January 6th and then we’ll find out whether this is the beginning of a new bull for gold. It’s been a long time coming. I hope so.
deer79
Right back atcha! 🙂
Buygold and Ipso
Agree that we should avoid another war at all costs.
Happy New Year to all! May 2020 be a better year for all of us invested in the PM arena.
Morning Buygold
“Getting drawn into a broader war is exactly what Trump doesn’t need before the election. JMHO”
I’m grokking on that and we as Americans don’t need one either!
Morning Ipso
Yeah, I agree. Trump won’t stand idly by. I see that Esper has ordered more troops to the embassy.
It’s just a mess and exactly what Trump said he didn’t want, and yet he’s being drawn into it.
Getting drawn into a broader war is exactly what Trump doesn’t need before the election. JMHO
Buygold @ 9:51
There’s thousands and thousands of those militia guys. We don’t want to make the same mistake as in Libya where the few soldiers at the embassy had to battle immensely outnumbered … while Hillary fiddled away.
I don’t think Trump is the kind of guy who will stand by and watch our guys get overwhelmed.
US Dopy/Dollar Progressing Very Nicely, Downward. :)
It looks like it may finally be the USA’s turn for the “punch bowl”. All the others have to take the back seat for a while. TPTB obviously ramped it up in June 2014, I remember like it was yesterday. Straight up from 80 to 100 in a few months and killed our Gold Silver investments.
Three month view: https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
Five year chart showing “manual adjustment” in June ’14.