Loading ...paper gold not fairing that well either but nothing like silver.
Utter craziness. Almost can’t wait for the ZH headline. Had to be a couple billion at least.
The Treasury mkt is all over the place….ystdy it dropped 50 % in many of the Notes and near in the 30’s…..that’s near 11000 Dow points…..or @ $ 800 in Au !!!!!
It will take a while to recover, if it does, as some must have been butchered….One poss is we are loading the slingshot here, to hit Zero or less……or does this sell off mean that rates are gonna back up, due to all the printing…in that case the SM is dead.
If Bonds go into a bear mkt, the SM will tank and the only place left after cash is PM’s….dare the scum keep crushing PM’s, as if they are found out and they will be, it’ll be pitchforks and lamposts…if they’re lucky…just imagine the fury.
Wanka will be proven correct and Lamposts R Us, will thrive.
SILVER METAL PRICES DROPPING
SILVER MINERS RISING
WTF?
over
Once again it looks like the boys in London are helping their buddies at Crimex to cover their paper shorts.
On the other hand, it could just be that bonds have rallied back a little. 10 Yr. was 1.12%, now 1.07%
Capt. Hook – could be that Nenner gets his close below 20K on the DOW today.
I’m thinking that Boeing might be a strong buy at $5
Is there trouble in Treasury Land? Yields now rising?
Getting the distinct impression that just about everything is blowing up.
Paper metals getting hit again this am. Looks like they’ll have to mount another comeback.
Was hoping we were about done with the downside in the paper markets.
My dealer has some 2020 Silver Eagles – only $10 over spot! Damn near everything else is sold out. No dislocation between the paper and the phyzz markets.
https://www.golddealer.com/product-category/products-2/bullion/silver-bullion-coins-bars/
A lot of gold products sold out too but premiums are more normal for eagles.
https://www.golddealer.com/product-category/products-2/bullion/gold-bullion-coins-bars/
What;s behind the hoax? The only thing I can think of is that “they” saw the stock mkt needed to sell off and the virus would take the blame instead of trump—also the virus hysteria would take the 2020 campaign out of the news with the added benefit of showing Trump as a strong leader
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This page will be updated regularly at noon Mondays through Fridays. Numbers close out at 4 p.m. the day before reporting.
CDC is responding to an outbreak of respiratory illness caused by a novel (new) coronavirus. The outbreak first started in Wuhan, China, but cases have been identified in a growing number of other locations internationally, including the United States. In addition to CDC, many public health laboratories are now testing for the virus that causes COVID-19.
https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/cases-in-us.html#2019coronavirus-summary
Every yr is like that–so why not shut down the world every yr for 3 or 4 months?
What the hell is behind this orchestrated hysteria?? Maybe it will come out in the years ahead
BY THE NUMBERS, Via the CDC: 2019 Flu – 22,000 Dead and 36 Million Infected …2019-20 Coronavirus – 50 Dead and 2,340 Infected
UPDATE-The numbers presented are the latest numbers from the CDCand the World Coronavirus Map
The latest numbers continue to indicate that the coronavirus is not much different than the common flu.
The truth is in the numbers.
As more data is known about the coronavirus, the numbers don’t looks as scary.
Here are the numbers as reportedon March 14, 2020:
The data is skewed by the fact that China and other countries, like Iran, skew the numbers. China still shows less than 81,000 cases overall. They have been at this level for some time. Either China’s numbers are not accurate or the virus is dying down to nearly nothing, or both.
Yesterday China reported only 11 new cases in all of China and 13 new deaths. China’s death rate per confirmed cases is one of the highest in the world at 3.94%. This skews the overall numbers quite a bit.
Per data available, around 3% of cases confirmed end in death. But by taking out China, Iran and Italy the rate goes down to 1%.
Clearly not all people with the virus are captured in the current numbers. Just like the flu most people who get sick never report it and therefore are never counted.
Sharyl Attkissonreported, “Most people who get coronavirus have mild or no symptoms.”
There are now 146 countries with cases of the coronavirus confirmed and 111 countries with mortality rates for those confirmed of less than 1%. Most
countries have no deaths reported related to the coronavirus.(Denmark has over 800 cases with no deaths.)
The US has reported 50 deaths to date. Attkisson sharesthat, “Almost all of the reported coronavirus deaths in the U.S. happened in long-term care
The 10 yr note is down 1&13/64th-and the DOW is down 821
Is that bullish? usually they sell “flight to safety” bonds when paper assets are well bid and moving up…so does that mean there’s trouble in the u.s. treasury market??
Also DOW futures have been locked at minus 821 since I woke up 20 minutes ago…I checked all 3 Biz channels…I don’t see anything about trading being halted…but I do see a headline about NY City preparing for a shelter in place order–what’s the real reason about this purposefully orchestrated hysteria??
or 1280 could be the next stop…1488 was the low this am -about 4:20am–I think 1450 should hold–as I write gold is $19 off the low…silber is showing relative strength–it’s unchanged and 30 cent off the low…but the day is long
https://futures.tradingcharts.com/chart/GD/?anticache=1584527105
Including one on my Big Island now. That probably because they finally got three medical testing facilities running on this island. Governor ‘strongly recommends’ bars and restaurants close. Take out food only. Cruise ships passengers debarking now (finally) will be temperature screened and fill out a location history form for tracking. Won’t be much of a vacation experience here with everything closed up. Unemployment spike yesterday up 500%.
I got a message from Texas there was not toilet paper or milk in the store. I sent a message back were not out soo far but spoke to soon. Few hours later I get a text asking if I’ve been to the store lately? I said not for a few days why? Said things are flying off the shelves.
I decided to go to the dollar store to get a few things. My youngest grandson 7 wanted duct tape and boxes so he could make things being out of school he wants something to do wants to build some things lol I didn’t need anything as far as food already stocked up things the week before. Sure enough I noticed no toilet paper, no paper towels, not even Kleenex which took two shelves before all gone along with some empty shelves for other things including bread.
Buygold I now know two people who have the virus. One of my daughters friends got it from a older person she was helping also brought her young son with her.
Then where I work one of their friends have it and under quarantine for 16 days.
James Mc …
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!
