Ororeef
Granted the chickens were probably in over crowded pens that got them sick.
These dogs were pets and probably not even sick. If they did get sick most likely from owners anyways. It’s not the first time. Another town some dogs left on the streets got rabies so they ordered all dogs including pets that were vaccinated to be killed. They just have no regard for life. They’re people are tired of Tyrants. I guess one way to keep them from protesting in the streets is have a virus outbreak.
WE are just as BAD
try chicken or avian flu and we kill whole flocks of chickens ,turkeys to keep it from spreading..millions..!
goldielocks @ 15:38 on February 28, 2020
You think thats barbaric…one case in N.KOREA and they SHOT the GUY or GAL whatever ….That works for them !
The Situation, By The Way, Trump Rally At 7:00 I heard.
They are starting to get smart. I heard on CNBC this morning, It may have been Kudlow not sure, said that the Fed has been using an “out dated” way to figure inflation. Wow is all I can say. They are thinking about figuring in asset prices to figure the inflation calculation or number.
We here all know for how many decades the Bozos under stated the real inflation rate. I calculated 7.5% for many years when the Fed or Gov’t was saying 2%. So now the Fed has to stop a deflationary phycology, (wait until it goes on sale honey) and replace it with an inflationary phycology. (we better buy before the price gets higher honey)
Remember the climbing prices of the 1970s? Paul Volker said we had to stop the inflationary psychology. Get the inflation numbers lower. He slowed spending and caused saving, with rates to 21% prime in 1980 from like 6% in 1970. They also started importing mathematically cheaper consumer goods, to get inflation numbers lower.
He sucked a lot of money OUT of circulation from ’70 to ’80 with money going into 18% five year CDs and or 16% on 30 year Bonds with no call back provision. Now??? The stupid rates are soo low and money is AGAIN flowing out of circulation into Bonds. What a contorted mess all these decades were.
There simply has been too much artificial money in the wrong hands, too much of their unspent bulk savings, (they already have everything they need or want) and dwindling “room” or place to store it. In some places there is a negative rate storage fee.
These Bozos need to wake up. And restructure the whole system, so money flows to the young people that will piss it away, spend it with reckless abandon, like we all did when we were kids buying SS Camaros, 442 Oldsmobile’s, GTOs and Chevelle SS 396. Some kids bought new economy cars too.
Make the high school graduate great again, don’t let them waste 4 years in collage. That’s four years they won’t be paying taxes and spending money, if TPTB want growth in consumption of Imports and help sales and service jobs.
Ha! Just heard Trump
Said the Fed was going to “get involved” LOL. Those VXX puts are going to make bank on Monday.
Don’t be surprised if the Fed cuts 50 BPS Monday before the open and the DOW goes up 2K
Doubt gold will go up too much – because we all know they can’t let it. The shares might do OK though while waiting for the metals to catch up.
and the beat goes on…
You Guys Remember the movie China Syndrome? Jack Lemon Felt His Desk Vibrate?
Are we feeling “vesuvian” tremors
Markets:
can someone explain to me how DJIA, NIKKEI, EURO STOXX, DAX follow in unison; are they all run by the same bunch of crooks? and comex too ? There is no rhyme or reason—– just a spinning slot machine!
Richard640
Good spot…..they’ll be swimming in champagne down at Mar al Lago, when they cover on Sunday night…..the boy’z just banked another few billion.
Dollar sank in last few hours, big time
I bet that an emergency rate cut is planned over the weekend.
They will sit on Pm’s as per……
Oh wow look at the moves after hours…SM flying and Bonds cratering….
Hey Ipso
yeah, I remember having a pretty rough time in 2009, actually either I’m getting older and stuff all looks the same, or you’re right and this week (last two days) is about as bad as we’ve ever seen.
Something appears to have happened after the close as I’m seeing the DIA only down 1.75 – it was down around 8.00.
I’m sure some news will come out that the Covid-19 has a cure, or the Fed is cutting rates and dumping billions into the markets.
Unfortunately, gold hasn’t moved an inch so…
Good News & Bad News
the Bad News – my PM portfolio is down 20+% in 4 days (vs DOW down 15%)
the Good News – many PM Up Gaps going back to June 2019 got filled. They worried me – I guess with good reason 🙂
FLASH!!
GIGANTIC BUYING IN THE MARCH 6 VXX 21 AND 22 BUCK PUTS–27K IN ONE and 30 k in the other
Buygold @ 15:34
Yeah not too much going on there. Sure wish I knew if they were accurate or not.
This has been about the worst week for us that I can remember … wouldn’t take much for next week to be an improvement.
Captain Hook
Somebody dumps $ Billions of sales contracts on crimex, with monotonous regularity, yet no-one talks about it, let alone investigates….therefore it cannot be the Banksters, it has to be the Fed.
Ororeef
Read about the dog getting a mild form of the virus which is a cold.
The bad thing is that China is savage to animals, even pets.
The police have been brutally and I mean brutally killing lost or stay dogs “ again.” They even have a picture of what looks like a beautiful golden lab that was not stray leashed to a tree someone left and went inside killing the sweet dog with a machete. All over the virus this time.
They’re gov is frigging barbaric.
Ipso – Here’s your COT’s but these are boring and
not reflective of the last couple of days
R640 re: JNUG & NUGT
It’s absolutely stunning that both of them have been cut almost in half in the last couple of days.
They are probably good for a flip here or on a down open on Monday am, although I really do think the world’s central banks will be intervening over the weekend. Not sure what they can do about the virus, but they can cut rates and inject liquidity to calm the market and crush the shorts for a few days.
Seems pretty clear to me rates in the US 10 yr. are going to zero.
Maddog @ 11:41
I think the PM sector is strewn with aggressive speculators. And they are dumb enough to play the banker’s game and gamble in derivatives — not invest in the shares or bullion.
So I can’t agree because the PM sector has some of the most aggressive speculators of any sector — if not the most aggressive.
And they think they have the moral high ground (an advantage because of positive fundamentals) even though that view is retarded because they are playing in completely independent derivative markets that have little to do with PMs or positive fundamentals, which is why PMs crash so often.
It’s not the bankers who are PM speculators worst enemy — it’s themselves because not only do they enable banker games – they do it in an ignorant and pigheaded fashion that cause true investors in the sector, the ones that buy the shares and bullion – a lifetime of grief.
Cheers
If Silver Can Go Down, From $19 To $16 or 16%?? In Five Days??
Then it should be able to go $16 to $25 in 10 days. With this crazy price action we see all over.
Why is Tesla and Co not falling more than PM stocks, by percentage terms.
Prior to the scare Tesla was jumping 15 or even 18 % a day. It should be falling way more than PM stox are, but it ain’t, nor are any of the other, over long FAANGS.
Re Precious Metals Charts
It’s possible that its not a lot of selling. It could just be that nobody wants to buy lately, and the ridiculously low prices are just reflecting very low offers to buy. For some poor souls playing futures on margin and want to sell before they lose MORE money.