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I still maintain with what’s ALREADY occurred, excluding the tens (hundreds?) of trillions in future helicopter money that if the dots were allowed to get connected gold would be $10k and no offer. Silver $500. The HUI should be over 1,000.
I’ve been talking privately with a few business people and bankers. They are scared sh*tless. and other Coronavirus expenses at a time when tax collections are practically plummeting to zero. We all agree that debtors are going to run away and hide, and creditors will get killed. The sub- prime auto and housing creditors are screwed. Credit card debt, student loan debt, you name it, they’re all getting ready to go delinquent. The only option to avoid social catastrophe is CTRL-P to infinity.
When the tidal wave comes the ocean recedes before the Big Wave arrives …
It’s true from what I know of it and they’re dragging their feet. Not them but everyone else.
2 min read . Updated: 16 Mar 2020, 08:29 PM IST
You want to watch MUX for the big signal its all systems go in the shares/sector.
Once it makes it back over a buck on NY the short covering will be epic.
I think its the banks/funds attempting to paint a picture in the market shorting it. MUX is highly visible.
If they can’t keep it below a buck so its delisted you know something is up. It was looking like it was going to do exactly that today and somebody came in and pushed it back down. Likely the big short (da boyz) in the trade with a 30% position as of mid month.
Again, I like our odds here.
Bring it on.
Cheers
Good video. If they do maybe we can push back. Instead, like having to take in the excess of immigrants most country’s don’t even want from third world that don’t fit in or assimilate and cause a financial burden on other countries to push for them to control their numbers and not talking about abortions. Because as the numbers grow people move out farther and farther going into more uninhabited areas that also affect the homes of wild life.
To stop the deforestation also driving wildlife out of their homes devastating them. So not unusual nature will strike back. Since were and other industrial countries having less kids it’s them that need to change.
People seen the curve of diseases they’re trying to keep down. They need to show the same curve of overpopulation by these third world countries and how they’ll bury us all with loss of resources, habitat and cause diseases.
That is slaughter…..
If the SM doesn’t recover and Notes stay offered….then only PM’s are left as a safe haven……All bond funds just lost @ 50 % today……..God knows what happened in corperates…or gulp Junk…..
the game’s the same……
Exactly…it’s the debt bubble that’s imploding now…and the bankers/bureaucrats are pricking it in their greed to capitalize on this manufactured psy op. (they should call this the Obama Virus)
5000 year record on the Gold / Silver Ratio at a buck thirty and rising.
I like our odds here.
Cheers
VANCOUVER , March 17, 2020 /CNW/ – Pan American Silver Corp. (PAAS) (PAAS) (“Pan American”) today announced that operations at its four mines in Peru : Shahuindo, La Arena, Huaron and Morococha, are temporarily suspended, in accordance with government-mandated restrictions in response to COVID-19. On March 16, 2020 , the government of Peru declared a National State of Emergency requiring a 15-day national quarantine. Pan American will conduct care and maintenance activities during the suspension to sustain the appropriate safety and environmental systems, and ensure operational readiness when the suspension is lifted. As the situation is dynamic, Pan American is currently unable to determine the impact on our Peruvian operations for 2020
https://finance.yahoo.com/news/pan-american-silver-announces-temporary-171400917.html
I hope they were selling it all to crimex!
A little rational thinking in a world of fear.
https://www.corbettreport.com/mp4/propagandawatch-coronaclimate.mp4?_=1
part:
“It’s been insane,” said Jay Wallace, who owns Adventure Outdoors in Smyrna, Georgia, adding that his ammunition sales are up more than five times the usual numbers. “This is like a Rod Serling ‘Twilight Zone’ episode.”
Sales spiked in a matter of days, industry experts say. Some of the purchases are made by people buying their first firearm. Others are existing gun owners adding to their collection or stocking up on ammunition after seeing grocery stores depleted, schools closed and big events canceled, including the National Rifle Association’s annual meeting.
Also potentially driving the sales are concerns that elected officials may try to restrict access to firearms. A mayor in Illinois recently signed an executive order that would give her the right to ban the sale of guns or ammunition, as did the mayor of New Orleans.
Sorry it scared you but true. This isn’t the Spanish flu that did the EXACT same thing. Even in other countries like Canada, put up signs about shelter, closing things down including schools and places with no more than a few people.
Then you can’t trust people like the ones who knew they were exposed and took a cruise to Hawaii.
Spanish flu killed everyone but mostly the young adults and older teens due to mostly cytokine storm and other ages pneumonia. Highly contagious but look back then. No isolation in hospitals, cramped together and visitors were allowed to come and go being exposed getting sick themselves spreading it to their community and family. This one is predominantly as far older people and those with health risk. Otherwise just a cold. They should focus on those at risk and health care workers at risk with general precautions for everyone else including masks but so far not enough to go around. Hospitals are concerned. Our politicians of past allowed too much to be outsourced.
There are a lot of people “ and their children” are in trouble right now with all these places closing down.
The restaurant business is big business and wide spread for instance. They don’t work full time as is because businesses can’t afford health insurance. Probably one third of their income or more is tips and live paycheck to paycheck. If they’re making less than 2000 a month without tips they would probably only get 800 or so on unemployment where in Calif their rent is more than that.
With that sector alike that’s a lot of people and many with kids.
I know a nurse who’s son is a chef in Vegas. Before this last move they cut a day from them and he has a car payment and it’s not like they can get more work.
Sales in other sectors will be hit.
BUT you can go to the store where in some places there lines before they opened.
Those workers are at risk too not to mention shoppers.
If you look at the news especially lefty they are pathetic! Panic, finger pointing, hysterical, or politicalizing. Can you imaging being broken down or stuck somewhere in a disaster with these people yelling, screaming blaming others, totally useless in this situation. Same thing. They just cause stress and interfere with things and affect people’s immune system and blood pressure. Will there be mandatory vaccinations next??? Even though if it worked why would those taking them be worried about it if they didn’t?
They’ve only got one play book and it’s all they know….Print, buy bonds, SM, Dollar and smash PM’s….that’s it.
See my other posts…there maybe a cheap and simple cure…if so they have to mop up all this money they have printed …by ….errrrrr ……raising rates….i don’t think so.
With the Gold / Silver Ratio now at 130, the only way to characterize what they are doing to silver now is ‘financial repression’.
Silver investors, producers, benefactors of any kind are being expected to ‘suck it up’ and ‘take it up the butt’ so that all the parasites of the world, with bankers and gov’t bureaucrats at the front of the line, can continue to receive their ‘free stuff’.
Thing is, they are going to lose whether the Gold / Silver Ratio goes to 200 or not.
Mother nature will win in the end no matter.
These morons will never figure that out however.
Can’t produce silver at these prices.
Cheers
Kind of a bummer. I thought the paper silver market might have turned the corner.
Profit taking in the shares after a solid run.
Note 83 % of the people on board did NOT get it !!!!!!!
Watch Live: White House Wants Checks Sent To Americans Within 2 Weeks, Mnuchin Says
On Gold Eagles.
https://www.texmetals.com/products/gold-coins/american-gold-eagle
Note Texas Metals was recommended by our beloved WANKA on 6/5/13, I sure miss him, I guess like we all do.
but the scum have the SM running here, so now they will probably try and stop/crush PM’s….can’t have them reacting like this to no limit printing.
When will the bail out my punting ?????/
SENTIMENT IS CHANGING Stocks are raising Testosterone levels …Government and FED Counterfeiting like crazy ….A Trillion here and Trillion there before you know it ,it adds up to real money ! Real Money = “Gold, all else is credit JP Morgan)..