i moved out in the mid eighties and have never regretted it, except with urban sprawl, i’m not sure i went far enough. i am a half hour drive – mostly at interstate highway speeds – from a medium sized city (tallahassee). on the days i need something cities have (airport, libraries, shopping, hospital, etc) i can have it in half an hour. on the days i don’t need that stuff, i don’t have to put up with the crowds, traffic, hassle and crime that comes with it. my county (jefferson) doesn’t have a stoplight. we have a few caution blinkers, but the only intersection big enough to warrant a stoplight has a traffic circle with the courthouse (and magnolia trees) in the center.
Juniors
Looking forward to the small caps catching a bid!
MG
ipso facto @ 16:01
Indeed a good day.
And the juniors should start to move soon too as spot gold pulls away from $1700.
Cheers
Mr Copper
No Backwardation, as such…what we have is a huge premium for Gold in Crimex, over Gold in London….which is put down to not being able to fly the Gold from London to New York, even though, Crimex suddenly changed the rules, for delivery in New York/Crimex, from only 100 Oz bars to kilo bars and 400 oz bars, in other words pretty much any old bars.
It maybe true, that no-one will risk arbitraging the difference, due to no planes…but as I said to Buygold, I think the airforce would be brought in…if they had the gold available….that the premium is still there after 3 weeks. says there is no available gold…..
All the Reasons Not to come to Hawaii
Stats from HDOH:
Total cases: 504 (5 newly reported)
Hawai’i County: 40
Honolulu County: 352
Kaua’i County: 21
Maui County: 86
Pending: 3
Residents diagnosed outside of Hawai‘i: 2
equired Hospitalization: 44
Hawaii deaths: 9
Released from Isolation: 315
Cumulative totals as of 12:00pm, April 13, 2020
@Captain Hook 15:58 re You can see a lot of people moving out of big cities to get away from the crazies in coming years.
Well, the crazies better stay away from the suburbs and rural areas. The suburbs have massive amounts of highly paid constabulary, plus lots of plain ole gun lovers, especially in rural areas. The crazies will have to “feed on” their own kind and or the unarmed and unwise households.
If things get really bad, you want to live where there is more food than people. I’m thinking Maine coast, plenty of lobster and other great wild sea food at the docks. Other options would be good, where there is more cattle than people.
And colder climates are better. Most people like warm places. None of them will go where its cold. I like the cold. New Hampshire I have friends there. A great state for freedom lovers. Plus it has a section on the ocean front. Don’t know if they are big on fishing though.
I read something today about a big pork producer shutting down because of sick workers, and warning of possible food shortages. Possible food shortages is why I wanted to know how to fish and hunt.
But never bothered to learn about raising chickens and growing things all around the house like my grandfather did. He grew everything. Dug his own well too. Made his own wine too, but bought the grapes. He always had two big wooden barrels full, on their side, with a little faucet.
Big gallon jug at his side at the dinner table too, to refill his glass. He was unskilled labor had six daughters and two sons and his wife didn’t have to work. In today’s money? He was probably earning about $175,000.
Don’t Come to Hawaii
There is a prevailing social rumor that the rich and elite are coming to Hawaii because it is ‘safe there’. NOPE! Hawaii IS NOT THE ‘SAFE’ PLACE TO BE… rich or otherwise!
Lets review: Mandatory 14 day quaranantine for all airline arrivals. 14 day quarantine for all Inter-island travel also (medical and essential workers excepted) All public beaches, parks, and non essential businesses are closed. Yet still a few hundred idiots a week arrive, thinking they are gonna have a good time in ‘paradise’.Nope! Here’s a couple standouts from the past week.
Two apparently homeless persons arrived at HNL International with no place to stay… seemingly thinking this was a good place to ‘beach it’. They were held at the airport. A visitor aid organization paid for their immediate return tickets and they were put on the next flight back to LAX from whence they came.
Another Honolulu resident (who should have known better) summoned his girlfriend from Virginia and met her at the airport. They immediately transferred interisland to Kauai. Upon Kauai arrival they informed authorities they would quarantine at a local hotel. Upon later quarantine check it was found they were unknown at the hotel. APB and the local police found them on a beach at Princeville. They were arrested and placed under house arrest at a hotel with police monitoring. Also face up to a $5k fine.
Governor complains that he is unable to stop arrivals… only quarantine them. One local health official commented that continuing to allow visitor arrivals with weak quarantine was like having a ‘designated pee-ing area in the swimming pool’.
Don’t come to Hawaii, folks! Not safe here, and you WILL be locked down here too. Nothing to see here. Stay tuned for the daily Hawaii statistics below as they become available.
@Happydog @ipso, roger those.
@Maddog, thanks ok $1729 not spot but a further out contract? So Spot itself is higher that further out. That’s backwardation. Why am I NOT hearing that word all over the place???
And it’s very understandable for people with fake paper contracts, worth MORE than spot, to take advantage, demand physical delivery, and make the owner of the worth LESS contract squirm.
I assume the $1729 contract holder has to pay the $1768 spot price first to deliver. Buy to cover? Hopefully he or they used lots and lots of leverage. 🙂 Please correct me if I’m off on that.
@ipso facto, I never really followed anything about info…”Obama administration funding bio weapons research in a Chinese facility and yes those involved should be harshly dealt with. I think a lot of “officials” should be charged with treason. Including some past presidents.
But, because they are led or “governed” by unknowns, they are like soldiers following orders, and not liable. Like Eric Holder and that IRS lady, and God only knows how many other “flunkies” involved in following orders, and will never do a “perp walk”. We all found that out a long time ago. I guess Bernie Madoff was on his own, so had to do the perp walk.
Regarding my reversal thoughts, its very possible “invisible” leaders of the soldiers that are just following orders, will get exposed. Caught and punished. Just like Madoff and so many others. No enforcement, for many years, they get lulled, and keep on doing something they should not be doing. And one day the tide goes out and we see the ones with no bathing suit.
Trump and company are actually re-programming all the people’s brains that are easy to program, which is many. Exposing NATO, NAFTA GATT, trade deals, the WHO, FBI, etc etc. Lots of crap in the old swamp. Infil-traitors imo. I think McCarty was right about all the anti American commie types coming into USA after the war, and infiltrating so many things.
I don’t know anything about 5G either yet.
Captain Hook @ 15:58
I’m gonna need some big wins to finance a move.
Today was a good start!
Cheers
ipso facto @ 15:52
Indeed.
I can see a lot of people moving out of big cities to get away from the crazies in coming years.
Cheers
Captain Hook @ 15:48
“might have to move”
Yeah way out in the middle of nowhere. I think those towers are fairly short range and that’s why they need so many of them.
ipso facto @ 15:32
I hear you.
Unfortunately too many of the crazies at the top in the US (the swamp) are in China’s pocket so you are not likely to get a common sense solution like that of the Swiss.
Might have to move.
Cheers
Buygold
“The penny stocks are participating”
It’s about time! The smaller issues have been real laggards. I’m still about 20% under recent highs.
Having said that … things are looking up for us!
Mr. Copper and Captain Hook
I really wonder how the Obama administration thought that funding bio weapons research in a Chinese facility was the right thing to do? The persons who made that decision should be harshly dealt with … although we know that that will never happen.
re:5G I sure don’t want any of those towers close to me! I forget which one it was, but one of the European countries opted out because they felt it was too dangerous. I’m sure they didn’t make this decision on a whim.
Switzerland opts out of 5g
https://citizensdailyupdates.com/2020/04/05/switzerland-halts-rollout-of-5g-over-health-concerns/
ipso facto @ 14:08
Hopefully somebody actually does something about it before those effers kill everybody.
Those 5G towers are not going up at a record pace because the crazy effers love us.
Cheers
Mr.Copper
The 1769 price is not spot, it is June Crimex….which is trading at @ $48 premium to spot….
The penny stocks are participating
That’s a great sign IMHO
GPL up 33% on heavy volume.
Really surprised how easily gold sliced through $1700.
@ipso facto Re Virus Stopping The Global Economy
This is probably going to be the best opportunity for the Banker Bozos and the other “bean counter” managers to restructure the whole system. The big “reset” we all knew had to come some day? Maybe this is it. A natural occurrence that shows and proves fault in the present open border system. Nine eleven was a tiny “wake up” salvo to open borders.
You open your kitchen drawer. The knives, forks, and spoons are all in separate compartments. You go to the hardware store. The nuts bolts and washers are in separate compartments. Mixing them together makes no sense. And mixing all those different worlds, and all those different currencies, together was a mistake, depending on whose side you represent.
And competition. One country the people can live on $3 a day, and the other country where people need $200 a day, should NOT have to compete with each other. That’s like a heavy weight boxer against a light weight boxer.
Big mistakes and big dumb dreams getting exposed.
Makes me nauseous … and angry
Taxpayer-funded NIH funneled $3.7 million to Wuhan virus research lab believed to have engineered the coronavirus bioweapon
We have two bombshell stories for you today. First, a bombshell story that proves the NIH under Obama funneled millions into the Wuhan BSL-4 lab that engineered the coronavirus.
This shows how the NIH was using taxpayer funds to allow the communist Chinese military to build and acquire deadly biological weapons that are now devastating the world.
https://www.naturalnews.com/2020-04-12-nih-funded-wuhan-virus-lab-research-coronavirus.html
Wow, What A “Hole Shot” I just Opened My Schwab Trading Platform.
Are any of you guys old enough to remember those words Hole Shot? Regarding the Muscle Car days? Drag racing on sparsely used roads? Or sometimes stopped at a light on a three lane highway? You are in your 442 Olds, with a Z28 Camaro to your right, and a GTO on your left?
All the engines are revving up? Getting ready, waiting for the light to turn green? It turns green. And the guy with the best Hole Shot wins usually. But not all the time.
Well, that’s what the Mining Stocks did today. Pulled a hole shot in front of Dow SnP etc. LOL
Maddog @ 12:0
Aden sisters quite credible IMO. Not perma goldbulls at all. $2K here we come.
Cheers
treefrog
Some top German epidemiologist , who said that the HIV epidemic would not rip thru the hetero population and caught huge flak for that, has said the Wuhan flu one is over and it’s all downhill from here…..can’t fin a link sorry.
try this…it’s the same guy.
Maddog @ 11:52
Very true…good to see.
Investors are trumping the specs.
Excellent observation.
Cheers