This time against the president. Saying “ he was ordered by Trump to withhold funds until they investigate Biden.

I wonder how many people are wearing masks?

Who else is banging PM shares here and buying the SM with both hands…as soon as they ease up the SM falls and PM’s rise.

Today they have a problem, as they may not be able to get any upside traction.

PS…..Today is a classic for scum intervention in PM shares…check out the Hrly candles…..all down and red when the metals are all up o/n…..madness.

https://www.zerohedge.com/markets/ariana-airlines-plane-crashes-afghanistans-central-province-ghazni

Talk about uncalled for bashing! Ridiculous!

US Confirms At Least 1 Injured In Missile Attack ‘Direct Hit’ On Embassy In Baghdad

US jets were active over Baghdad in the hours following rocket volley, with local media suggesting Washington is preparing military response…

It looks like the algorithms are programmed to dump shares in all of the liquid PM stocks right after they get their initial boost on the opening. The 5 minute charts all look like an elevator shaft……..one way down.

Good timing. Just get the sense the DOW will finish down a 100 or so.

Doesn’t appear this “event” news is going to hold today.

Pretty much par for the course around events.

FilledSell to Close75VXX Jan 31 2020 16.0 CallLimit0.54——09:32:42 01/27/20

Lugol’s solution is kinda tasty when taken with Metamucil. IMO

It will be interesting to gauge the reaction of gold and silver and the miners to this coronavirus compared to the reaction to geopolitical events, which as we all know are short lived.

Perhaps this epidemic will not be so short term.

What’s your favored brand/source?  The stuff I see on Amazon is 2%.

do we get a 2 or 3 week deal and done….or something worse?  I’ll go for the 2-3 wk correction which could be down a few days then 2 weeks of chop and slop as the mkt builds a base…I will be banking 1/4 of my position on the open cause my options expire friday…and if we get a rebound after the 1st 1/2 hr…a lot of the juice can come out of the VXX…this way I lock in my full cost and some lunch money…gold’s holding up well…

Canada’s Barrick Gold (TSX: ABX) (NYSE: GOLD) and Tanzania inked a deal on Friday that grants the African nation stakes in the three gold mines the company operates there, ending a long-running tax dispute and setting a template for negotiations with other firms.

The ceremony comes three months after both parties reached an agreement in which Barrick accepted to pay $300 million to settle outstanding tax and other disputes. The deal also includes the lifting of a concentrate export ban and the sharing of future economic benefits from the miner’s operations in the country on a 50-50 basis.

It also ratifies the creation of Twiga Minerals Corporation, a company jointly owned by Barrick and the Tanzanian government, which will oversee the management of the Toronto-based miner’s local operations.

cont. https://www.mining.com/barrick-irons-out-issues-in-tanzania-with-historic-deal/

snip

The coronavirus coming out of Wuhan is going to pop the “Everything Bubble.” It would be wrong to think of it as a minor pinprick. With somewhere between 35 and 50 million people in China already under quarantine in a dozen cities it would be a lot more like a thermonuclear blast that will flatten every bubble in sight. In all of recorded history no nation has ever managed an effective quarantine on so many people. With transportation screeching to a halt, the lives of millions of those people are at risk due to a simple lack of food or warm shelter.

Every form of sickness that can be passed on has a reproductive number. If a cold or flu in one person is passed on to only one other person, it has an R0 of 1. Below 1 the flu or cold will eventually disappear. Above 1 the sickness will be passed on to more and more people. A typical seasonal flu comes in at an R0 of 1.28; the 2009 flu pandemic came in at 1.48 and the deadly Spanish Flu of 1918-measured 1.80. Lancet believes this coronavirus is between 3.6 and 4.0. And it’s deadly.

This has the potential for being the biggest mass casualty event in world history. At the very least it will take down the financial system as the world economy grinds to a halt with efforts to contain the virus.

Now would be a great time to be prepared for a disaster bigger than any in history. On January 1, 2020 I posted a piece warning of a stock market crash.

It’s here and it’s now

http://www.321gold.com/editorials/moriarty/moriarty012720.html

PPT starting to test the sellers..

edit: Looks like the test was only good for 40 pts. before falling back – just a probe

I’d be surprised if the PPT doesn’t show up today at least once or twice.

Best guess, once in the pre-market to ease the pain and probe the sellers and again later in the day.

The SM cannot be allowed to die.

PM shares look strong pre-market.

Tks for that

Dunno if this is relevant, but we already have a bad flu type bug around, that hits the lungs hard and lasts for weeks and then comes back, again and again……a number of people I know have had it.

The NY FED trade desk better come in pretty soon or there could be a VOL-explosion like they wuz back in december 2018–it was all in one day…I don’t remember for sure but a short VOL etf crashed from about $90 to a buck…no?? Anybody recall the exact details?? Maddog? Captain?

https://futures.tradingcharts.com/marketquotes/GC_.html

Fridays volume was over 5 times the daily average—did any-O-you boys pick up some of those VXX calls I’ve been flagging for the past 6 weeks…they wuz 6 bucks a copy early Friday morning—they traded for $27 Friday afternoon…snort!

Saying safe haven would be treasuries and maybe Yen. But. Gold seems to follow yen.
Said gold maybe not that people are buying for the current financial and currency climate. I think that would be considered a safe haven.

Now getting more information. It’s like Sars but doesn’t work as fast. It’s not killing young healthy people as much as older and the compromised.
According to what is being said it is a new form of the virus
It attaches to the lungs cells then takes over the cells blueprints and instructs the cells to make more of the virus and killing the cells in the process.
It will depend on how well and fast the body can make antibodies to grab up the virus.
In this case not only getting immune system up and antiviral herbs but include antioxidants to protect the cells. Imo
Still have to watch out for the inflammation process and cytokine storm.
They really should identify these antibodies in survivors and use them in medicine to combat the virus.

Apparently China buys gold in good times and with this outbreak may affect it.
5 Million Chinese left the city prior to the lock down.
Wonder what products they make and sell.