Is that smoke I smell?
Portland Police’s entire riot squad RESIGNS after cop was indicted for striking ‘activist photographer’ who they insist was rioter with baton during violent protest saw government building set alight
The Portland Police Union said the officers would be leaving the squad in response to the indictment on Tuesday of member Corey Budworth
Budworth was charged with assault related to an Aug. 18, 2020 incident in which he allegedly struck a photographer, Teri Jacobs, with a baton
The police union said the officers were set upon by 200 protestors and that Budworth had accidentally hit Jacobs in the head
They have also claimed Jacobs was part of the riot
She was not charged with any crime, and was awarded a $50,000 settlement by the City of Portland over the incident
Despite the resignation the officers would remain employed by the Portland Police Department
It’s not clear how this will effect the department’s ability to respond to riots
The FED was busy today..We are finally close to the “Emperor has no clothes” moment. Let the chips fall where they may.
The federal reserve believes if people know what they are doing, it reduces the effectiveness of their actions. They are neither required or inclined to let the public know all the tools and actions they are capable of doing to “help” the economy. They want people to not believe in inflation, return to productivity so the economy can function at a tolerable level, and believe things are good. To some extent, these things are self fulfilling and require confidence. They are going to do things, like pavlov would with his conditioned dogs, to get people to do what they want. Hammering gold prices, ramping up stocks, pushing down interest rates, these are just obvious bells they will ring, who knows what else they do. They are stuck between a rock and a hard place, inflation and a weak economy, and are going to do everything they can
They must be scared !
they will lose control,then its all over……..Like riding in a air balloon thats losing altitude and your out of fuel and your jettisoning everything to gain altitude including passengers till the last man ….you gain some altitude temporary,but its inevitable till the last minute .Like being pushed off a 20 story building and on the way past the 3rd floor ,your thinking so far so good…!!
Something posted on FB
Showed a picture bunch of wood in his yard he said cost something a little over 2000 so he decided to call and ask how much that same amount of wood would cost him now. He got a quote for 11,000. I don’t know where he’s from.
Hopefully the top has passed but we’ll see. Anyone with land should tree farm.
I remember Japan and other countries were buying our wood to build back in the late 60s. Heard it had to do with earthquakes.
So it’s not just us that need it.
Mr Copper
The dollar moving up doesn’t hold well for the outlook of the US. The world can see right threw these dumbocrats. They probably figure they want to commit suicide of their country they hate so much they might as well get them to release tariffs and save themselves from their stupidity.
That’s why I said verify first and looked like we have a ways down to go yet. Maybe certain stocks will buck the trend.
This by no means says gold or commodities are going to be manipulated forever and they’re using the dollars against it they can’t hold that long. Look at the physical demand it’s off the charts. They can make the dollar look good but have prices changed anywhere?? Nope!!!
Happy Hour: Motorcycle parts
Traded paper for Phyzz today
Local coin dealer
Absolutely crazy premiums
.999 Silver (not even Maples) $32 CDN spot “for you sir” = $40 CDN / oz ……….. told me the regular Joe price would be $42 …….. Im a long time customer ……… but
Who’s the fool ? Dealer plays both sides of the book and I know how this works
Still
Im happy to have gone shopping today
Onward Pilgrims
Winedoc
Gold down 4.42% GLD down 2.75%, Silver down 6.46% but SLV down 4.49%
Just thinking here, looking at the currency charts, maybe they are starting a new strong dollar policy. When Trump was in, it was an America first policy and he wanted a weaker dollar.
With Biden in its back to ass kissing the other countries, and a stronger dollar will import more and export less. And with the US Dollar Japan and Chinese Yuan basically pegged together.
So the US Japanese and Chines consumers combined will be buying more imports from Europe, Great Britain, Canada, Switzerland, Australia, and New Zealand.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1
I heard droughts causing shortages of corn? And China buying lots of our corn? Will they stop putting corn in the gasoline soon. 🙂
redneckokie1
The Fed speaks and so it shall be ……..scum are running stops all over town……which is just criminal…
scary stuff….
scum now have the 10’s not far off where they were before the Fed announcement, in other words Rates totally believe the Fed has it all under control . The 30 ‘s are way below, where the Fed spoke…..
Tepper today said Oil stocks are the best value by miles….one I have is down near 9 %….the majors are down near 3 % , Explorer index XOP dn 4.64 %….Meanwhile the Dog cruises up top new Records Hi’s…..
There is nowhere to hide apart from scum mandated crap.
Grain markets
Grain markets are really getting hammered today. Margins will probably be raised significantly tonight causing further liquidation tomorrow.
Comex silver
Looks like silver is headed to the $24-$25 level. I wonder how much the premiums will be then?
Maddog @ 11:42
Quite possibly you are right. It may not change much. Got my fingers crossed on that one.
It would be OK with me if the rig came to an end …
@ Guys, My View? Gold Is Still Above The March Lows and the 2020 Lows of $1500
Higher than the 2018 lows of $1200, and above the late 2015 and early 2016 low of $1,060/oz. Best performing stocks usually have the biggest corrections and biggest rebounds. So we lost the last 8 weeks, 1 month up one month back to start. Visible on the chart. The whole system is mess, and the idiots running things are in trouble, and I don’t feel sorry for them.
https://finviz.com/futures_charts.ashx?t=METALS&p=m1
FYI golddealer dot com, Gold Eagles now sell price $1906, buy price $1801/oz. Halves quarters tenth oz are out of stock.
Wow just seen what is happening
Today is now unreal and possibly the best scum day ever….these mkts now are purely figments of the scums imagination.
We all know the Fed is boxed in, but looking at the mkts there is not a care in the world, ….forget a goldilocks mkt, this is a Nirvana mkt.
ipso facto
I just don’t see how Basel III will be ‘allowed’ to change anything that effects the scum, the scum make all the rules, or they make darn sure the rules don’t apply to them.
Maguire could look pretty silly if nothing happens.
scum letting the whole world know who is boss….as Nasdaq self levitates….
and the dollar is once more King….
Buygold
Especially if these audits in Arizona show that the entire election was fraudulent. JMHO.
I followed yr election real close, as I bet big for me on Trump getting a landslide, via bets on the electoral college…where u could get crazy odds at times….he won a landslide of epic proportions, maybe the biggest of all time….it will be impossible to keep secret, but how u sort it God knows, with all the Judiciary bent/scared.
I was thinking the other day, the reason that the Supremes chickened out, was what happened to Scalise….that could have been the warning to everyone concerned, that no-one was safe.
Ely Gold Reports First Majestic Silver Corp. Files NI 43-101 Technical Report on Jerritt Canyon Mine, Elko County, Nevada
https://finance.yahoo.com/news/ely-gold-reports-first-majestic-134800226.html
Amarillo updates share capital after exercise of warrants and options
https://finance.yahoo.com/news/amarillo-updates-share-capital-exercise-195900469.html
Roxgold Intercepts 39 G/T Over 8M at New Gabbro North Prospect and Extends Sunbird With 15.1 G/T Over 12M at Séguéla Project
https://finance.yahoo.com/news/roxgold-intercepts-39-g-t-100000444.html
White Gold Corp. Commences Diamond Drilling at the Ryan’s Surprise and Ulli’s Ridge Targets on its Flagship White Gold Property, Yukon, Canada
https://finance.yahoo.com/news/white-gold-corp-commences-diamond-113000997.html
Labrador Gold Doubles Number of Drill Rigs to Four and Increases Drilling Program to 50,000 Metres at Kingsway
https://finance.yahoo.com/news/labrador-gold-doubles-number-drill-120000893.html
Metalla Adds Royalty on IAMGOLD’s Côté Gold Project, One of Canada’s Largest Gold Mines
https://ceo.ca/@newswire/metalla-adds-royalty-on-iamgolds-ct-gold-project
Gold Mountain Signs Letter of Intent with New Gold to Increase its Tonnage Limit in its Ore Purchase Agreement
https://ceo.ca/@accesswire/gold-mountain-signs-letter-of-intent-with-new-gold-4da01
Goldeneye Signs Definitive Agreements to Acquire Three Precious and Base Metal Projects in Newfoundland
https://ceo.ca/@thenewswire/goldeneye-signs-definitive-agreements-to-acquire-three
Pacific Ridge Announces 2021 Exploration Plans; Drilling to Start Next Month at the Kliyul Copper-Gold Porphyry Project
https://ceo.ca/@newsfile/pacific-ridge-announces-2021-exploration-plans-drilling
Tombill Mines Confirms Extension of the F-Zone onto Its Flagship Property: Intersects 6.23 gpt Gold over 13.3m
https://ceo.ca/@newsfile/tombill-mines-confirms-extension-of-the-f-zone-onto
Osisko Continues to Add High-Grade at Lynx
https://ceo.ca/@nasdaq/osisko-continues-to-add-high-grade-at-lynx-a2983
Yorbeau and IAMGOLD Resume Drilling on Rouyn Property With Primary Focus on Cinderella and Augmitto Deposits, Quebec
https://ceo.ca/@nasdaq/yorbeau-and-iamgold-resume-drilling-on-rouyn-property
Endurance Reports Drill Assay of 14.08 GPT Gold over 15.24 Metres at the Eagle Zone
https://ceo.ca/@newsfile/endurance-reports-drill-assay-of-1408-gpt-gold-over
Goldsource Announces Additional Drill Results at Eagle Mountain; 20 metres (ETW) Grading 2.61 gpt Gold from Surface and 3.5 metres (ETW) Grading 18.14 gpt Gold at the Toucan Prospect
https://ceo.ca/@newsfile/goldsource-announces-additional-drill-results-at-eagle
Maddog @ 8:15
Exactly…once idiot futures speculators are digested yet again, physical world constraints will stabilize PM prices.
Rick Rule will likely speak to this on the Wall Street Silver Youtube Channel at 11 – see here.
Tune in if you have a chance.
Looks like yet another great buying opportunity engineered by the bankers.
Thanks guys…you da minch.
Chuckle
R640
What that ZH reader misses is that the debt levels ensure rates can never get near real inflation…..real inflation could be 10 % and that is conservative…..that means upping rates near 1000 %, from current near zero levels…..imagine how the millenial woksters would react.
Plus in both Germany and Japan u had massive savings and governments were not running massive debt either…..all the Fed can do is rig the mkts..
Buygold–that most of the top brass in the military have gone traitor/commie is surprising and disheartening…and
u r right about the majority being still conservative….same thing at the “17 intel agencies’–most are not traitors
GENERAL FLYNN must be placed in charge….only he can be depended upon…