Loading ...Iceland Buried in 30 foot Snowfall
https://www.theburningplatform.com/2019/12/21/iceland-buried-in-30-foot-snowfall/
WHILE THE SCUM IS AWAY…
…the markets will play!
hui’s rockin’ around the christmas tree
up six and a half bucks!!!
(edit: now seven… and running…)
deer79 @ 12:13
The shorts will get squeezed at some point, maybe after tax loss selling is over in the New Year.
Most don’t know MUX has 250 million ounces of silver reserves and the stars appear to finally be coming in line for silver.
MUX is good to go at some point.
Cheers
MUX
Ipso,
Thank you for posting daily news tidbits concerning pm companies.
What you posted regarding MUX is encouraging and makes sense by purely looking at their controlled mines as potential resources in the ground.
I just wanted to mention the fact that ( according to shortsqueeze.com- I have no affiliation with this site), the % of total shares outstanding that are “short” is a LARGE 20%. One would think that good news would conceivably get some of these “shorts” to cover, but we have seen, over the years, that doesn’t seem to happen in the Uber controlled PM industry.
NATO Secretary General Stoltenberg says alliance should seek better relations with Russia, signals willingness to meet with Putin
NATO should pursue dialogue and stronger relations with Moscow, Secretary General Jens Stoltenberg has said, declaring that he is open to meeting with the Russian president.
Stoltenberg told German news agency dpa that a summit with Putin is feasible if the “context is right.” He said that dialogue with Moscow was important, even though the alliance has a “difficult” relationship with Russia.
https://www.rt.com/news/476663-stoltenberg-nato-putin-meeting-russia/
Top 10 #Gold company deals announced this year by transaction value.
Top 10 #Gold company deals announced this year by transaction value.
Source: @SPGMarketIntel pic.twitter.com/LQogujd6Bw
— High Grade 🚜⚒🌎🇺🇸🇨🇦 (@EconomicAlpha) December 21, 2019
The left hates Israel and loves the “poor” Palestinians=Israel would become Sweden if they weren’t tough-Martial law needed here and in Sweden
and many other countries to deal with Islamist extremists-look at Israel and look at Syria and other Mosslem countries as they bomb each other into stone age conditions…
SWEDEN=In the first nine months of 2019, there were 97 explosions in Sweden. Even the BBC has noticed. A litany of horrors could be written about Sweden, with all the murders and rapes and knifings and so on, but just consider that there is an explosion just about every second day.
This raises the question: how do you have a civil war in this day and age? Having a civil war is aspirational, but is it achievable?
The population of Sweden is now 10.1 million, of which 8% are of the Islamist persuasion. The first question is, who owns the guns, and how many are there?
This site says civilians in Sweden are estimated to hold 2,296,000 guns, legally and illegally, of which about half are rifles. There is a big hunting tradition in Sweden. As of the year 2011, licenced firearms per 100 head of population was 6.5, and registered guns per 100 people was 18.9. So the average gun-owner has three of them.
The Swedish government is thinking along the same lines. They are currently trying to restrict weapons use by hunters. Magazines and ammunition are to be registered with the police and be kept apart from the weapons.
The Islamist elements have most of the hand grenades in civilian possession, principally the M75 hand grenade from the former Yugoslavia. Hand grenade attacks in Sweden peaked at 40 in 2016. The Islamists also have more explosives on hand. In the first nine months of 2019, there were 97 explosions in Sweden. Even the BBC has noticed. A litany of horrors could be written about Sweden, with all the murders and rapes and knifings and so on, but just consider that there is an explosion just about every second day.
The defense forces in Sweden have 139,180 firearms, and the police a further 38,000.
All in all, there are plenty of guns to go round to have a civil war with. This won’t be a brutish affair conducted with knives and sticks.
But how will it play out? A t the moment, the Islamists attack police stations, control no-go areas and enclaves, and are not sufficiently discouraged from these activities by the police. Public opinion is becoming less tolerant of the situation.
Killing some minions
Saudi Arabia Sentences Five To Death For Khashoggi Murder As MbS Aides Walk
Poll Results … Mostly No
Should Trump be impeached?
No (89%, 34 Votes)
Yes (11%, 4 Votes)
I don’t know (0%, 0 Votes)
Total Voters: 38
treefrog
He tweeted out too much traffic… his side crashed out.
What the H*** just happened ?
All four PM’s just spiked up together at the same time around 2:30 am EST .
HK invasion by PROC ? ME nuke ?
…later edit :
Never mind … London got it under control after the HK market closed .
Gold Train
Ventura Railway… in the sun.
https://railpictures.net/photo/713333/
https://railpictures.net/photo/713332/
https://railpictures.net/photo/713829/
commish,
thanx. it works now.
Heads up Virginia someone needs to be recalled.
Gov plans to cut off electric, phone, internet in areas he plans on gun confiscation. The guys gone rouge but what else is new for the Wackados.
https://youtu.be/ivi3s4Nu0n8
froglegs…
i keep getting an error msg. unable to establish a connection. i’ll try again later.
Maya
Delivery services. Similar issues here. Usually I start any shipping no later than early December and even then it was was slowed. Sending a week and a half before Christmas is a pain. They may say one thing but guess that depends on who’s handling it along the way.
Zerohedge Sucks, It’s Typical Gov’t Media. I Never Liked Going There And Got Sucked In On the 9:24 slot
I clicked on that zero hedge link, and I got “danger” pop-ups, “my windows 10 is corrupted” click here or there to fix it. Then I couldn’t even X out. Every time I tried they kept popping up, two pop-ups.
I was forced to do “Alt Control Delete” I never liked that site and rarely went there. Big unnecessarily long stories saying nothing. The bigger the story the bigger the lies. And who the HELL is Tyler Durden??? Search “Tyler Durden zero hedge” and see for yourself.
“Tyler Durden” is really Daniel Ivandjiisk a Bulgarian. Zero Hedge owner ABC Media???
part: Zero Hedge in-house content is posted under the pseudonym “Tyler Durden”; however, the founder and main editor was identified as Daniel Ivandjiisk a Bulgarian.
Look here:
Owner: ABC Media Limited
Editor: Daniel Ivandjiiski; Tim Backshall
Who Owns The Media: https://glichy.com/2016/07/who-owns-the-media/
Found Here:
re Gundlach predictions, Somebody, anybody, needs to tell us where the inflation is lacking,
Real estate? Stock values? Medical insurance? Hospital stays? Police salaries? Around here its $167,000 k average, which is what’s needed to be middle class these days after taxes.
Back in the 1970s when Paul Volker raised rates to 21% from 6% to stop “inflationary psychology”, they blamed “high wages” of the United Auto workers Union etc for causing inflation. Meanwhile it was caused by money creation 1934 to 1971. Low rates did not cause inflation, or the blame, meaning high rates were not the correct cure.
After 1971 high rates pulled money out of circulation, into dead money CDs Bonds etc. Can’t be spent into the economy. Deflationary ’70s really, even though prices got higher. Without higher rates as a head wind, soaking up money in circulation, climbing prices would have been much much worse.
Well, if the bozo Bankers and their Media blamed high wages for the higher prices of the 1970s? They why don’t they promote and or cause higher wages to bring back “inflation”? Isn’t Gundlach supposed to know these things???
Gundlach predictions – always an interesting read
“The dollar is putting a “significant top,” Gundlach said. Its last top was in January 2017. The dollar has been “incredibly stable” this year, he said. “I expect the dollar to weaken, since the Fed is easing.” It was strong because of “yield starvation” across the globe. Foreigners need to buy U.S. bonds because of their yields, but can’t hedge their exposure back to local currencies, because it will drive their effective yields back below zero. Those investors must buy U.S. bonds “naked,” he said, driving the dollar up.”
“The copper-gold ratio suggests that the 10-year should be approximately 2%, according to Gundlach. Based on nominal 10-year GDP and the German bund yield, an indicator he has found to be highly reliable, the projected 10-year yield is 1.76% to 1.9%, depending on the next release of nominal GDP.
At the end of October, Powell said that he needs to see a significant spike in inflation before raising rates. “The Fed is basically telling you it wants sustained real inflation before it would consider raising rates,” Gundlach said. “Maybe they will cut rates, but they won’t raise them. I am surprised the long end of the market isn’t weaker.”
Doncha love it? Got gold?
https://www.vanityfair.com/news/2019/11/the-strange-tale-of-quadriga-gerald-cotten
PONZI SCHEMES, PRIVATE YACHTS, AND A MISSING $250 MILLION IN CRYPTO: THE STRANGE TALE OF QUADRIGA
When Canadian blockchain whiz Gerald Cotten died unexpectedly last year, hundreds of millions of dollars in investor funds vanished into the crypto ether. But when the banks, the law, and the forces of Reddit tried to track down the cash, it turned out the young mogul may not have been who he purported to be.
Under the Mastermind Theory, Cotten ran Quadriga much as he had S&S Investments and its successors, honoring enough withdrawal requests to maintain credibility. The plan, from the beginning, would be to keep the con going as long as possible before vanishing with the money. After Bitcoin collapsed—and the withdrawal complaints turned into lawsuits, negative press, and the threat of a formal investigation—Cotten got married, wrote a will, flew to India for his “honeymoon,” and disappeared.
If the Mastermind Theory seems far-fetched, it’s worth pointing out that an exit scam can only succeed if it seems far-fetched. Cotten built his career on the insight that most people are willing to believe most of what they are told most of the time. Gerry the Mastermind would count on the world believing he was reckless, greedy, and dead. He would count on most people to forget all about him. Most people, a year after his death, already have.
In October, Robertson signed a settlement in the Quadriga bankruptcy case, agreeing to forfeit approximately C$12 million of assets to the creditor class. In a statement released by her lawyer, she said she had no knowledge of Cotten’s “improper” business practices and “was upset and disappointed” when she learned of them through the investigation. She expressed a desire to “move on with the next chapter of my life.” She may have to change her name one more time in order to do so.
If Gerry the Mastermind is alive, what is he doing? He would have new names and passports, perhaps a new face. He might still be collaborating with Patryn, or Patryn might be trying to track him down in a final act of Con vs. Con. Cotten may be hoping Robertson will join him once all the investigations have concluded, or she may be just another one of his victims. He might be living on a private island, or in Hong Kong, Thailand, or Monaco, traveling by yacht and helicopter and private jet. He might even be eating cheeseburgers and drinking beer. Gerry the Mastermind might think he will get away with it. And he will—as long as everyone else believes he hasn’t.
Post Office having difficulties this Holiday season
I have never experienced so many mis-directed packages from USPS as I have this season. I guess maybe the extra holiday hired help is a bit inexperienced? Twice in the past week I have had a package mis-directed from the Honolulu distribution center when someone apparently slipped up one number on the Zip code routing keyboard. Each package was directed to a community on a different island. Each had to be sent back to Honolulu and directed properly… two days later.
Today I am tracking a package… 3-day Priority… from Arizona. It spent two days in transit to… Providence, RI. Not anywhere near the Hawaii Zip Code. Don’t know what happened there, but it is certainly not going to make it to Hawaii by Christmas. Oh, well.
The situation must be dire if even ole “muddle through” pitchman/sunscription peddler John Mauldin is gloomy
As long as this continues—as it almost certainly will, for a long time—the Fed will find it near-impossible to return to normal policy. The balance sheet will keep ballooning as they throw manufactured money at the problem, because it is all they know how to do and/or it’s all Congress will let them do.
Nor will there be any refuge overseas. The NIRP countries will remain stuck in their own traps, unable to raise rates and unable to collect enough tax revenue to cover the promises made to their citizens. It won’t be pretty, anywhere on the globe.
Luke Gromen of Forest for the Trees is one of my favorite macro thinkers. Like Louis Gave, he thinks the monetization plan will get more obvious in early 2020.
Those that believe that the Fed will begin undoing what it has done since September after the year-end “turn” are either going to be proven right or they are going to be proven wrong in Q1 2020. We strongly believe they will be proven wrong. If/when they are, the FFTT view that the Fed is “committed” to financing US deficits with its balance sheet may go from a fringe view to the mainstream.
Both parties in Congress are committed to more spending. No matter who is in the White House, they will encourage the Federal Reserve to engage in more quantitative easing so the deficit spending can continue and even grow.