Loading ...CV-19 DATA:
the daily new cases number (florida) peaked april third and is trending down.
https://experience.arcgis.com/experience/96dd742462124fa0b38ddedb9b25e429
THIS TOO, SHALL PASS! (it is passing!)
If I hadn’t heard Dave from Denver so many times over the last two decades, I think he’d sound reasonable.
Who’s next? In GATA there’s got to be someone from the their site with serious and encouraging insight to tell us why gold is going to the moon this time. There just hast to be!!
But here we are. Silver struggling to break $15 on the Crimex, Spot gold struggling to break $1650 after trillions of dollars printed, some of which used to prevent pm prices from rising – whatever it takes.
Shares, while doing better, HUI still under 210, when over 600 a decade ago. Churning, on low volume, with no buying interest because the players are too smart to put good money into shares that will eventually be decimated by falling metals prices.
This is no longer even a game, it’s a reality, and congrats to those who figured it out years ago, or those who trade it now.
Dave from Denver…
The Gold Signal – Just Like 2008
In 35 years of active participation in several diverse aspects of the financial aspects, I’ve never seen a more obvious investment set-up than long gold, silver and mining stocks:
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Neuter clinic lol
It’s a mess around the world right now.
Meanwhile what gets me is you have people behind the scenes like Gate..s Fauci and not investigation is being done to trace the origins of this virus and who stands to profit. WHO is useless but they want money.
Even in some industrial countries like Italy, Spain and more are not going to have enough resources to aid their economic recovery from this shut down. Trump is in a little better position prior boosting the economy although battling with the disaster waiting to happen on the left that want to throw that money away and leave us in the same situation if they had their way. But hey if you all take your vaccine everything will be okay and hunky dory.
There will be choices on what they are going to do because they’re “ these countries” going to need loans or more bonds. Hope they make their decisions wisely as the EU will just throw in more burden of parasitic immigrants adding to their problems with their fiscal policies.
African countries are a total disaster of there ever was brain dead leaders that sit on any money they get and policy’s no better than a pan handler.
In Angola they have no running water, no food no funds for the poor they’re getting anyways but want them to shelter in place with no food or water. They have to go out and try to get it but making threats if they do. So the rest of the nation gets the worst of the worst who won’t showing up on their beaches on top of having to worry about paying for their own in need instead of closing the darn borders! It will never end! Greece getting bombarded and from there they’re heading inland for their free checks.
EU is doing nothing about it so they were forced to take in more over threats from the Mid East to flood the borders if they don’t. Sounds like a act of war to me.
Meanwhile they have even less money now to feed their own and support their own business not that their obliged to cater to the even worse ongoing incompetent, brain dead and corruption in others.
Will there be deflation first then inflation especially if the debt is monetized since it would wind up more money going out than coming in.
It just makes the global deep state even more evil with their plan to digitalize all currency because you know what they’re going to do with that once they can control everyone’s money.
Its just a natural instinct hunch. I see them all over like gas stations, and they all look empty inside. I think somehow maybe the Media, or Gov’t or both created tax incentives or encouraged them to open, with all that Media nonsense…
“Baby Boomers Are Getting Old and there will be growing demand”
Well not THAT much demand. Its all got to be out of balance. There has to be too many. I have reasons to believe the whole entire medical industry in general is over produced, way ahead of reality.
Just as the whole medical industry was built up to fulfill artificial demand, the demand will contract. Typical Zig, everyone Zigs, and then everything Zags. Over the job loss decades not only did they get us to buy gas saver cars, use seat belts, and stop smoking? And make us worry about whales, and sharks and trees and plastic bags??
They got everybody paranoid and worried about their health. Instead of Campbells Soup commercials, they have medicine commercials, putting ideas in every ones head. They play with number and words and everybody in on cholesterol and high blood pressure drugs.
And you can bet your ass, half of those pace makers and defibrillators installed were not needed. Watch, this will fit the reversal sitiation.
I don’t follow the futures market but I guess it’s probably the same.
Volume in the shares and GLD and SLV are pretty much less than half of normal.
I think that might be OK if they’re selling down but you never know with pm’s. They are anything but normal.
So much for momentum.
I’m sure you’d think different if it was YOU going there! 🙂
What’s the old saying; Never short a dull market …
I do not want real time spot prices–I use the link below but it is 10 minute delated
I wouldn’t doubt it.
Sounds about right if Clinton and the boys were involved.
Cheers
Do you guys remember the story I posed about all the fake silver jewelry in my local malls? It was slightly magnetic. Don’t you all remember about the fake bars that went to a Bank in South Africa?
You can’t trust anything you read or hear anymore, since 1970. 🙂 So don’t believe what is below. 🙂
Parts:
In 2009, China reportedly received 6,000 Gold Bars 400 oz. that originated in the United States and were stored in Fort Knox for years (their serial numbers provided tracking). Purity tests were performed by drilling four small holes into the bars to analyze the base metal. All of the bars revealed tungsten cores beneath their relatively thick surface layer of 24k Gold plating.
The Chinese claim that in 1995, during the Clinton administration (Robert Rubin, Alan Greenspan and Lawrence Summers), between 1.3 and 1.5 million 400-ounce tungsten blanks were manufactured by a sophisticated refiner in the United States – over 16,000 metric tons. About 640,000 of the tungsten blanks were then gold plated and shipped to Fort Knox, where they remain to this day. The Chinese further claim the remaining 400-ounce fakes were eventually gold-plated and sold into international markets. [The Fort Knox Conundrum]
In 2012, at least 10 counterfeit Gold Bars made of tungsten were sold by a well known Russian salesman to unsuspecting dealers in Manhattan’s Diamond District. [New York Post: Fake gold hits NYC]
https://goldbuyingagent.com/counterfeit-gold-fake-gold-coins-and-bars/
I see the scum is hell bent on denying $15 silver.
Nothing has changed, same as it always was.
When you can just look at real-time and see a physical chart on think or swim or interactive broker? These are far more powerful tools and need to be used appropriately. I didn’t have an antenna for local stations for the last 8 months and I’ve been happy as a clam. Does anyone watch TV anymore. I ditched cable years ago. The local stations are horrible and they drill you with shit advertisements. I’ve basically faded the local networks. They aren’t so welcomed over here at my house. I don’t need any garbage clouding my vision. We must not forget that all of these major networks our owned by the billionaires and there doing nothing but pushing their own damn agendas. They call it programming for a reason you know. This isn’t by happenstance.
I dumped my jnug calls for 60 bucks piece…a triple top breakout failed–at least for now…so does that mean gold has tro plow thru a quadruple top now?
I LLIKE FOX BIZ IN GENERAL but especially for the real time gold and silver quotes-no other station shows G&S like they do]
I WROTE TO THEM=
You must stop offering your advertisers the option of running ads without the lower screen data feed!! You have the option of running the ad and just showing the 3 main stock indexes—you also run ads that show NOTHING but the ad…don’t you or your advertisers understand that 95% of the views will immediately switch to Bloomberg or CNBC? A child could figure that out….please cease and desist! Explain to your advertisers what I just said if they insist on having their ads run with out showing data—I am in anactive trading room—plus all my friends agree with me—you are alienating your viewers—c’mon, it’s not rocket science…I am fox biz and fox news’s biggest fan—don’t destroy a winning policy because some bright, young “geniuis” wants to change everything around at your policy meetings…
the game stays the same….print and smash PM’s….that is what is known as CB policy.
It is vital that the 1st hour looks lousy on the hourly charts, for PM’s…Nem has gone negative by 0.50 %….
Looks like we can all go home…the parameters are defined and gold is in its box for the day…
My guess is that it is GLD gold that is stored in the same vault and they just moved it across a line, so that it goes into a Crimex vault, from an HSBC one. That is all u have to do, if the metal is in the same vault.
It will be done to scare off the longs…..one thing is for sure no-one has that quantity hanging around doing nothing, ready to deliver to anyone that wants it….they better be careful though, as Vlad might just snap it up.!!!!!!
LOL That’s for sure. If you watch too much news the virus virus virus story will drive you crazy!
If the Comex and its numbers are legit, there is absolutely no reason for them to have to put up 400 ounce bars (celery, bananas, a piece of paper) as a delivery product. Let the price rise to ration supply. Mark Lundeen checks in…
COMEX Gold Inventories at Record Highs (Shocking!)
Hi Bill
COMEX gold open interest is plunging.
But gold inventories held at COMEX storage facilities (below) are at record highs. Curiously this spike in gold inventory happened during the weekend, an increase of six million ounces since last Wednesday (April 1st):
April 1st: 9,948 million ounces
April 6th: 15,911 million ounces
I don’t know what it means, but it has to mean something. Maybe some Café members would like to take this subject on for further comments.
Mark
