Loading ...the daily chart and the weekly chart now have their first closing prices for 2020 above $18 !!
hellova way to start a new year !!
Saddam Hussein and the Shah of Iran brutally supressed the religious fanatics–we naively ousted them
The Islamo-Nazis only respect the most brutal masters…now we see the result of giving the fanatics freedom
WTF are we doing?
Round Two: US Drone Airstrikes Kill Six Pro-Iran Militia Commanders
Megabank control of commodities
I’m wondering if the reason Palladium has been going up nicely all year is because it is the only metal on the chart that JPM does not have a huge warehouse full of. I remember several years ago when JPM finally built their massive stash and since then the Ag price has been very closely controlled. They have huge stockpiles of Aluminum also and for those of you that buy lots of liquid products in aluminum cans, there is a measurable cost included in the price of the cold drink that is directly and without question due to fraudulent practices by this mega financial terrorist organization. They don’t break the law, it is just as legal as rounding up the jews was in Germany many decades ago. But that doesn’t make it moral or sustainable. I remember the same thing happened with Uranium – as soon as wall street got into the Uranium market it crashed. All of their actions are 100% legal within our current US law.
Alex -I’m not sure
but I’m buying the dip. I know today’s action in the shares kind of stinks but we were due for a pause.
The metals needed to catch up. I rebought some AXU at $2.25 after selling this am @ $2.35 this am.
Down a little bit, but we’ll see what happens. I’m more afraid of being out than in. 🙂
Alex Valdor
A little hard to tell that gold was up bigly!
Re This Iraq and Iran Situation? Reminds Me Of A Domestic Dispute.
The husband and wife are fighting, an outsider gets involved (a cop?) and attacks one, and the other one sticks up for the attacked one. In other words, the two in dispute join sides against the cop. 🙂 Unfortunately very often cops get killed responding to a domestic dispute.
Like I said many years ago TPTB “rushed it” trying to modernize Iraq. And everyone knows, haste makes waste. Depending on whos side you are on. There may be special interests involved who need high oil prices. And or trouble to respond to. You know, more crime? You need more cops.
Over here they just stopped making criminals post bail. Plus the Judges are very easy going, and we have too many repeat offenders on the loose. More work for cops.
And so
Stocks Slide On Unconfirmed Reports Of “Massive Explosions” At US Military Base In Iraq
@Buygold re Physical Higher Many Miner Shares Lower
It is strange, but maybe the minor stocks are in “sympathy” with the lower general shares. But that will probably change as you suggested. The mining shares will “come to their senses” when they realize bigger profits without doing any more “work” just because of much higher PM prices. Even their untapped reserves under ground are higher, making the “real estate” worth more.
We’ll have to wait and see. 🙂 Trumps got everyone saying that now.
Well
We’re making money in the phyzz but not so much in the shares although there’s still time for a last hour rally. Either way, we’re not getting spanked and the metals look good.
$1550 and $18+ I’ll take it!
@silverngold regarding your….”Climate Change Agenda Used to Reduce Population”?
That doesn’t make sense to me. I think the climate change agenda was to create jobs. Lots of them, possibly millions of fake artificially created jobs, an unneeded waste of man hours and materials. With the assumption that humans can alter and the climate.
In my opinion that totally impossible. Water vapor is a greenhouse gas that resulted from an asteroid that struck the Earth, that caused two years of darkness and killed the Dinosaurs.
Ipso
At least you have a crystal ball old friend. 🙂
A bit of a dead zone in here for the holidays I guess. These are exciting times for me though, and I keep harping back to the lack of new posters and posting activity as probably being a good thing.
Maybe they’ll show if when we hit $1800. LOL 🙂
Buygold
“What happens next?”
Unfortunately my crystal ball ($7.99 Walmart) has clouded up. 🙂
I will say that we are living in “interesting times.”
Hey Ipso
I guess as much as you and I want this war to end, imagine how much these Iraqi’s want it to end in their country.
It’s been devastating to Iraq, they’ve got to want everyone out. I’m sure the people of Iran are tired of being starved out by the sanctions and the young “millennials” would love to become more westernized, and be prosperous.
Gold is popping a bit. SM is back to where it opened….and falling….
What happens next?
Hey Maddog
Enjoy your day. Looks like they sold a lot of the shares out of the gates and are trying to bring the SM back but I’m not sure they’ll be able to do it. PM’s have been moving higher for a few weeks now, well before the “news”.
Anyhoo, silver is the canary in the coal mine both for us and the scum. We need it for the rally, and they need to stuff it.
Game on.
Buygold ……. I guess not everyone is upset. I’m with you brother we don’t need anymore war. It’s not supposed to be a permanent fixture.
Iranians And Iraqis Celebrate, Thank Trump For Airstrike That Killed Ruthless Military General
Morning Buygold
Hard to believe we’ve been watching this quagmire for 17 years.
That’s the problem with being the Big Dog….we were at war with the Frogs for 100 straight years once !!!!!
Not sure if we ever stopped actually.
Sure looks like classic action, on a news day…ie up o/n and then the scum wake up and ram it all back to “so what” !!!!
S&P is over 30 points up, from o/n low already, 20 mins in……I gotta go out and be on the road for a few hours and then in a movie…..so will be passenger only…never a good situation on such a day.
Hey Ipso
I hope Trump has heard of the Archduke.
I don’t want any more war brother. We’ve seen enough. This was a strategic move by Trump and I’m a little surprised this guy was so easily found and targeted. Apparently, he got a little too comfortable driving and flying around Iraq – so comfortable that he was killed by a drone strike. Now, we’ve beefed up troops in Iraq and they are at risk, depending on the level of Iran’s retaliation.
Hard to believe we’ve been watching this quagmire for 17 years.
Rallying into the open
at least gold is getting a bit of a bump while the SM drifts a little lower.
Silver is the wild card. Scum is seriously worried about silver getting away from $18 – no clue why that is so important.
I guess if they sell the shares out of the gates we’ll know how the day is going to end up.
Morning Buygold
I voted that the high would be somewhat less than that but looking at recent events maybe I’m too low. I don’t think we have to worry about “gold sinking like a stone.” 🙂 Knock etc …
I wonder if Trump ever heard of a guy named Archduke Ferdinand? Sure hope it doesn’t unfold like that!
Maddog, Ipso
Maddog – this is sort of typical action for gold on news related days don’t you think? I’d bet the scum will bring the SM to positive and gold to flat by days end. Silver is the big worry, looks like they’ll take that back below $18.
Ipso – I voted for above $1800, so if gold totally “falls like a stone in 2020” I’m probably to blame. 🙂
BTW – thanks for taking care of that post earlier.
Reminder – Hurling insults at other posters isn’t acceptable. Freedom of speech is welcome, trashing other posters is not.