News Bites
Gold price largely ignores worst U.S. GDP contraction on record
(Kitco News) Gold prices kept modest losses on the day and largely ignored the worst GDP contraction in U.S. history in the post-World War II era.
usdx takes a flop, gaps down… crude bounces… silver & gold turn green… euro keeps climbing… did we just pass out of the shadow of the moon or something? i don’t know what’s going on, but i think i like it.
Right on sailor scubaman clothes maker !
I’m glad your creative informative mindstream is running tonight as I always enjoy hearing your life stories and opinions on current events.
Jibe Ho! and duck as she goes round or pay the price!
Reminds me when a (70’s) high school friend got whacked in the head by the main boom during a jibe in mid 2000’s while racing in Fishers Island Sound. Went down turned blue and the crew just dropped out and sailed back to port. He was an experienced sailor but wasn’t payin’ enough attention I reckon.
I was fully prepped to take care of the neighborhood in ’08 but am a little behind this time. But I know to duck when jibing…. better yet grab the main sheet and pull it over -on a smaller boat anyway.
Batten down the hatches! Can’t hurt to be prepared. Could make the difference between life and not so much life. No panic here but paying attention.
Might as well add a hair salon kit with that cuz their closed.
Kidding aside if tshtf they are targeting seniors. Don’t go out less by cab to airport and to Texas. “ Because their tough guys you know” or ganging up on younger people. Also you gotta sleep sometime. Your son there should talk to neighbors and have a plan that includes blocking off their street and who can do what. If he can’t maybe have a bug out location and camping gear.
Better wake up, wake everyone you know up, and get this thing stopped while we still can!
KL Kirkland Lake Gold some great drill results. One of my few green ones today.
The other is WRR Walker River, no idea why they moved, doesnt do that too often. LOL
Cheers
MG
You’ve been in this market a long time! We’ve had quite a journey since then. I got in early but not quite that early. Nice to see the PF get healthy again although my old high is still far away.
Cheers
it NO longer is …it buys less every day and is a bad Store of value .Dollar Collapse is same as economy collapse ! Whats left ? Stocks ? Bonds ? GOLD ?
Commodities ? ..better buy some canned food ! Better have a GUN to keep it ! Better HARDEN your security ,good locks on doors,windows any access places.DOORS ..solid doors with dead BOLT locks by KEY ,not turn handle openers .They can Break a side glass ,reach in and get in.Windows …drill a hole in the wood where the upper and lower pane meet on both sides and put a NAIL in it that can be removed but not seen.
Have some stored water,a Water FILTER like a Berkey thats gravity fed…with carbon filters .A Solar panel to recharge cell phone .medical supplies ….
sounds paranoid ? a few simple steps can save you from harm ! Have a Propane cook stove !even a grill will do ! Keep your mouth shut ..lose lips
sink ships was a good adage from WW2 .STAY SAFE ..!
I kept telling folks the market is going crash and gold would go to a grand
folks thought I was a raving crazy person. Moved to Ensenada Mexico for 5 years. When I return to the States the first thing people would Say. You were right. Friends daughter bought a home on cheap internet rates I begged them not to. Their daughter lost the house
cheers
puptent
That’s strange. I don’t know what to think from a distance can just guess. Guess he doesn’t want to get sick or chance you get sick or if a corporate doctor being told to talk on the phone instead of in person. Can guess he is out of office also but..
In that case why did he not have someone call you telling you and others scheduled and change the appointment date or time??? Instead they let you go there risking your own health knowing he won’t be there. That’s what’s strange.
” Hopefully they are in a peak blow off “top formation” and ready to join the major reversal.”
LOL Me too!
I think its down to GUNS …!
I had a DR appointment at 2pm,I got there,Office said He’s not in ,he will call you at the appointment time ..This is the 3rd time he did this ..I think he’s billing Medicare when he returns a call. I Have not seen him at all.
They did the same thing to Wanka, tried to monopolize and shut him down but he won with a court of his peers who were luckily not brainwashed into socialism. Then they lashed our reading post about it about how THAT guy won.
Now attacking small businesses everywhere over the corona.
Amazon ceo loving it more money for him while he is also censoring. He removes sakes of things include the video Vaxxed.
This is not a war on race this is a war on capitalism for the citizens. This is a war on the citizens and Trump by the Monopolizing elites as well as China who has them on their payroll.
Not just eliminating housing to put up slums add it to their other plans like tracking systems, censoring, small businesses being destroyed, elimination of cash. You almost got China.
tells me theres a Storm on the horizon,and when you think you need to put a reef in the Sail ,your already past due ..
My Scuba diving experience tells me you better get back on the boat while you still can.
Been in both scenarios before …..its gonna be a bumpy ride ….only experience will help you to survive .not anything theoretical or book learning .no Government will be there when you need them ,just you and mother Nature . Dont wait to take action ,dont call for help after the storm hits ,DEAL with it
NOW ! When hundreds of others are in trouble at the same time help may not exist ….economy is down 32% ..thats a STORM CLOUD !
It sounds like the loud obnoxious vocal minority groups have totally lost their minds after 50 years of mass media special interest, wrong priority propaganda. Hopefully they are in a peak blow off “top formation” and ready to join the major reversal.
I think because of the Trump election, they sense their reign is over, in reverse, and are acting out more than normal, ie flailing.
Capitalism for the rich socialism for everyone else. I could almost agree.
Corporate welfare Via monopolies for the rich serfdom for everyone else. When they start moving up the ladder again rinse and repeat.
Owners of Michigan B&B are forced to remove Norwegian flag from their inn after dozens of people confuse it for the Confederate flag
Remember? But when the ass holes accelerated globalization, “a world that lives and dies as one”, the words “National” or “Patriotic” don’t fit, are a form of country “racism” words.
The global PTB never came up with a derogatory media word like bigot or racist that describes people or Patriots or Nationalists, that love their own country and hate or are just indifferent re other countries.
In a sense, Globalization is global socialism, or a form of Affirmative Action, for COUNTRIES. That the “less fortunate” stupid big spend and tax socialist countries are entitled to, and deserve to get, higher living standards like Capitalist people in the USA have. If you bought a Toyota in 1969, you started contributing wealth and middle class to Japanese people, and contributed profits to businesses that import them.
Bottom line? When you mix muddy water (socialism) with clear water, (capitalism) what do you get? Water that is less muddy, no more clear capitalism. So, we are witnessing the collapse of Socialism, because there is no more USA capitalism to sponge off, and continue or maintain socialism in all the other countries and our own.
So, at this point, the global Socialists powers, the Bankers acting as an anti USA world Gov’t, are screwed, and to maintain their old life style objective, they need to merge our global economy with a prosperous planet if they can discover one in a big hurry. LOL.
Other that that? The global economy is failing and in reverse transition, meaning its a survival of the fittest country like it used to be when Christopher Columbus sailed the ocean blue in 1492. In other words, back to using Gold as a unit of account globally.
I saw a bumper sticker once. “Tired hungry, eat your import” also saw “get us out of the UN” and another I remember…”Abolish the Fed”.
Nothing matters anymore. They pulled it off. And its over. Went too far. The whole world is on welfare. Time to be happy. Get some pop corn.
We’ll see if that lights a fire under our already overbought pm sector in the last hour.
Some gal from Goldman was on Bubblevision this morning defending the USD against gold – going against Jeff Currie another Goldmanite analyst.
I’m so confused…
(Kitco News) Gold prices kept modest losses on the day and largely ignored the worst GDP contraction in U.S. history in the post-World War II era.
Neither does anything else ! Interest ??? whats that ? Goodby Stock Market , DOLLAR and PAPER assets…
INTEREST on GOLD is ZERO ,INTEREST on Treasurys is BELOW ZERO ..that makes interest on GOLD better !