Loading ...Interesting … copper has developed a sizable commercial short position as well. Got to wonder if that’s a deliberate plan to hold down the price … or if it’s copper miners trying to lock in the high copper prices.
Here’s your COT Report
https://cftc.gov/dea/futures/deacmxlf.htm
Looks pretty good as of Tuesday, and I’m sure a lot better as of today, but still today was pretty damn ugly.
Maddog @ 16:02
Yep Tiger did have a worse week than us … but at least his crash was accidental while ours was a deliberate attack. Damn the scum!
Cheers and have a great weekend!
ipso facto
I think we can say that poor old Tiger had a worse week, although he has had worse……but it was close…..damn scum.
Treefrog
You listed a source for Ivermectin a while back. Could you refresh my memory? TIA.
Is the SEC picking winners and losers now?
SEC Suspends Trading In 15 Companies Due To “Questionable Trading And Social Media Activity”
@Maddog, I Thought Everybody Over There Was Bombed Out At Rock Bottom, At The End of WW II 1945.
Re your “We were the first ones to escape !!!!!”
Right escaped in 1776. Then you guys (London bankers) absorbed us after 1900. Fed Res act 1913, the beginning of the end of US independence.
I agree 100 plus years ago before 1900, we were all better off. But 1913 was the start of academia’s new funny money Boom Bust agenda, that financed various wars, moon landings, GPS and inflation etc etc.
To me the 1913 smart ass banker agenda all came to a head in 2008, because the global powers “doing their thing” pissed off the wrong people and in 2001 and they blew up the World Trade Center. A real iron clad sucker punch.
Right in the kisser to world global citizens and global business unfettered activities in other peoples countries. So its all very simple, the system is punch drunk? Stumbling, ready to fall, a slow motion knock out punch.
I made a post long ago, “The Four Wheel Drive Economy”
Mr.Copper
We’ve been in decline way longer, over 100 years……don’t forget we used to have the Worlds largest Empire, everyone bent the knee to us, whether they wanted to or not.
You lot were the first ones to escape !!!!!
Cheers
@Maddog Copy on that.
It seems to me like the USA in bankrupt, and on welfare. And not paying down its mortgage for 50 years, and just waiting for the final eviction notice. 🙂 I guess UK where you are and Europe too.
You guys over there seem to be better off than us here in USA. All you guys are in decline since 2008. We’ve been going down since our 1970 peak. It looks every body is better off than us. U.K. China Japan Europe Vietnam etc etc.
And it seems the central planners or influencers, are ignoring the USA decline and favoring all the others with the strong import dollar. We need a very weak export dollar to catch up.
A trend in motion, stays in motion until it ends. I’ve got plenty of popcorn to watch the show.
Mr Copper
Sounds like u have the same problem we have, …..an over mighty bureaucracy, that has forgotten it is supposed to work for taxpayers and thinks it runs the show and that taxpayers are only there to boss around and provide the vast incomes they pay themselves, for working a 20 hr week, if they turn up.
Our lot have invented Flexi time working, that is when u choose the hours u work, like say doing all yr 20 hrs in 3 days, or 2 days, that way hardly anyone is in at the same time and as everything, has to have endless meetings before it is decided, nothing ever gets decided, or not for months and months.
They are all having a ball right now, sitting at home on full pay doing absolutely nothing, their idea of heaven…..the problem is everyone else can see, that they are not needed at all, as nothing much has stopped, tks to their doing zilch.
Spot Gold $1,738, plus $180 or 10% retail $1,918 Spot Silver $26.57, plus $12.50 or 46% $39 retail/oz
From what I see happening in my area, and what I read going on in the newspaper, it looks like the behind the scene influences, are very desperate, afraid of a massive unemployment and depression situation, and have been creating more and more rules and requirements that require people, to generate man hours, tasks, and or fake jobs and income for local people and gov’ts. Remember. Every new rule, requires people, and fines too.
One recent one, is they are going to hire people to fraudulently pose as real estate buyers to catch real estate agents “steering” black customers to black areas. So who pays for the realtor’s time? If I were a realtor? I’d make the buyer sign a document stating he’s not a fake time wasting buyer first. Law also requires costly training, and fines and higher licensee fees.
Another in todays paper, Cameras on School busses to catch people going by a bus when its stopped, and you get a ticket tax in the mail. The excuse was its for kids safety, but there was never a problem with kids getting hit by cars going by busses. So they lied.
It never stops. We got new water meters, electric meters, new sidewalks and new trees twice in 10 years, new storm drain pipes, new curbs, gas pipes, water mains. The spent a long time rebuilding a bridge near by that didn’t need anything.
Forget about fake green jobs, they are totally off the charts. These people running things are lunatics’. They are trying to replace all the lost wealth creating factory jobs with wealth absorbing nonsense. Basically the jobs they create out of thin air, are a major net expense and burden on society in general.
Wash, rinse, repeat
The more we think, oh this is it, the cartel is in the ropes,…….
Yeah right…..
Morning Maddog
Yup, they are wiping out our little sector once again just because they can and because they’ve made billions doing it over the years.
As for me, I failed to dump some physical up at $2K when I should have, thinking once again that “this was it”.
Unfortunately it “never is it” for pm’s we are continuously drowned with paper.
As far as the “Reddit crowd”, I’m not sure they were even in for more than a couple days, if at all. Those articles may just have been Reddit plants to bring more longs into the games in for the scum to fleece. The rally only lasted a day or two.
Yup this selling is all about crushing the Reddit Crowd
the SM barely moved and Bonds just ticked to the days Hi’s…but PM’s get smashed…..the scum only know one tactic.
Sprott to commence 2.5 % stock buyback Mar 3
That should help stock price of assets under management ..I like …
morning Buygold
They finally got to silver…….it has been relentless the selling.
the scum are making sure the Reddit crowd get no traction, in fact they are so relentless that they look to want to bury them, on this first attempt to squeeze…..
I can’t imagine how much they are short, but would not surprise me if it wasn’t millions of contracts, after all this has been going on for decades and many times they are the only sellers, like now….who else is dumping huge Vol when all the talk is inflation and it is clearly all around..
They finally got to silver
I guess I expected pm’s to go down with the SM but not to lead it down.
HUI looking to break below 260, if so then maybe 240? After that, adios.
USD on the move higher, 10 yr. taking a pause.
Loonies in charge
New California Bill Would Fine Retailers With Separate “Girls” & “Boys” Sections
Re Much Higher 10 Year Bond Rates Since August
Big jump in the Dollar this morning, 90.76. More big drops in the Bonds too, so higher rates again. Like GameStop.
They were talking about GameStop spiking back up over 100 and they could not find any evidence this was related to READIT chat stories.
My suspicion from the start was the gov’t media purposely directing people’s attention or blame for dopey prices in the wrong direction rather than dopey/dollar prices.
I saw crazy charts way before the GameStop hoopla, and just figured it was artificial intelligence of computerized trading.
”Artificial intelligence is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals, which involves consciousness and emotionality. The distinction between the former and the latter categories is often revealed by the acronym chosen.”
It’s only natural the government media would not want people to blame computers, but a few of them took control away from pilots and crashed commercial aircraft killing hundreds of people.
So, the system is so screwed up, and with the Fed losing control on rates now too, that we have to tell ourselves that many strange and dopey price charts will continue thru this reversal transition.
Just Another Day
FED printing money and giving it to their buddies.