Taking the pooch for a train ride.
https://railpictures.net/photo/765796/
Taking the pooch for a train ride.
https://railpictures.net/photo/765796/
FOMC Minutes Show Fed Ready To Taper Earlier Than Anticipated
Since the last FOMC meeting (June 16th) – when Chair Powell admitted The Fed was talking about talking about talking about talking about tapering – bond (prices) have soared, gold has been dumped as the dollar surged.
https://www.zerohedge.com/economics/fomc-minutes-show-fed-ready-taper-earlier-anticipated
Republican Attorney General Alarmed by Biden Administration’s ‘Door-to-Door’ Vaccination Drive
Arizona’s attorney general is expressing concern that President Joe Biden’s administration is breaching Americans’ privacy.
Attorney General Mark Brnovich, a Republican, says the White House seemed to indicate this week that it might possess medical records containing contact information for Americans who have not received a COVID-19 vaccine when officials outlined plans to send teams door-to-door to encourage more people to get a shot.
“If this is the case, this is a severe breach of privacy, and I will not tolerate such intrusions within Arizona,” Brnovich said in a letter to Biden, a Democrat.
The attorney general, who is running for a U.S. Senate seat, added that it would be “most inappropriate” for officials to single out Americans who have not gotten a vaccine.
Is it exceptional un-enthusiasm?
Notable option buy=UVXY July 16th $45 call= at $25 each–NOW GET THIS=3225 VOLUIME
They say the Bond market is the biggest market. The Fed was talking raising rates later, but so far they must have increased buying Bonds to keep rates down. And the US Dollar value is climbing against the other fiat currencies. We get discount prices on imported crap from Europe etc. Are they trying to head wind imported Oil? The currency discount?
The other countries have to pay higher (like a tariff) to buy from the US producers. This is a confusing situation. Assuming everything is manipulated by TPTB, they must dazed and confused about what they are doing and what to do next.
I feel sorry for that guy below this post and his advisors and speech writers. I wouldn’t want his job. They must all have sweat on their upper lips as they
wing it” all. At least they can blame the COVID 19 thing when the next big fiasco pops up, “and it will”. Like insurance commercial for car mechanical repairs.
LL
Now I am alone. Oh, what a rogue and peasant slave am I!
is it not monstrous that this player here, But in a fiction, in a dream of passion, Could force his soul so to his own conceit
He would drown the stage with tears And cleave the general ear with horrid speech, Make mad the guilty and appall the free,
I remember ads from years ago where people were selling Chinchillas for “ranching.”
It doesn’t sound like they were a big money maker for your family. “$3500 in 1945” Yikes! That was like a 83 ounces of gold at $42 per.
Cheers
Despite the 10 yr. now at 1.305% – on its’ way back below 1%
Unfortunately the SM is down which means the PM shares will get crushed with it.
My father bought a chincilla in 1945 for $3500 ! – the price of about three new cars at the time . He mated it with another owner’s chinchilla and they split the litter . At that time I think there were only two chinchilla coats in the world . One in the British royalty and the other in the family of Aga Khan or Ali Khan (husband of Rita Hayworth).
However , as the herd grew in size , the value per animal kept dropping , so the ‘nest egg’ maintained more or less constant value .
The fur is beautiful – grey ranging from almost white on their belly side to very dark on the back . The softness comes from the fact that whereas our hair is single stranded from each follicle , chinchilla hairs branch out from the root , like a tree . Daily , we would put clean fullers’ earth in a bread pan into their individual cages and they would roll in it , violently , to remove any oil they secreted , to keep the pelt fluffy and clean . Chinchilla kits are born with teeth and tend to accidentally bite while nursing so mortality from being bitten by the mother in retaliation is not uncommon . They are nocturnal – in nature , they remain in their burrows during the day and emerge at night , similar to possums.
BTW – we did not own a family car until ten years later , after our home was mortgage-free .
and as interest rates crater, that is dollar bullish….just look at the mkts.
Seems to me, the SM might start to pull back.
Mortgage Apps fell 1.8% last week – surprising. My bet is that housing lightens up here soon despite the lower rates.
SM and Housing pull pack and things should get dicey for the USD. Still, pm’s aren’t ripping yet.
Yeah, this day is probably already over, but hey, it might be either fun or depressing to watch.
LBMA is covering of the Crimex shorts. SSDD
edit: shares of course look like garbage
Chile’s environmental watchdog is “weeks away” of issuing a decision on whether Gold Fields (TSX, NYSE: GFI) harmed a group of 25 short-tailed chinchillas by attempting to move them so it can access 3.5 million ounces of extractable gold in the country’s north.
Hunted for centuries for their thick, soft pelt, chinchillas are now only found in the wild in parts of Chile and are protected by law. Chief executive Nick Holland acknowledged in 2017 the animals were among the main obstacles facing the company at the Salares Norte asset.
Wellbeing of 25 chinchillas weighs on Gold Fields access to 3.5 million gold ounces
Yes I agree. The dollar strength is an illusion. Reality is coming soon I think. Thanks for the video.
Antioquia Gold Cisneros Operations Update
https://finance.yahoo.com/news/antioquia-gold-cisneros-operations-183700700.html
Lion One Drills Additional High Grade Intercepts at Tuvatu Gold Project in Fiji
GR Silver Mining Reports Wide Gold and Silver Zones from the Final Drill Holes to be Incorporated into the Plomosas Mine Area Resource Estimation
https://finance.yahoo.com/news/gr-silver-mining-reports-wide-101500107.html
Skeena Intersects 110.22 g/t Au over 4.41 metres at Snip Gold Project
https://finance.yahoo.com/news/skeena-intersects-110-22-g-115500308.html
Westhaven Hits High-Grade Gold at Multiple Zones at Shovelnose: Drills 76.33 Metres of 2.93 g/t Gold at South Zone and 4.18 Metres of 5.26 g/t Gold at FMN Zone
https://finance.yahoo.com/news/westhaven-hits-high-grade-gold-110000139.html
Troilus Drills 4.72 g/t AuEq Over 7 Metres and 22.51 g/t AuEq Over 1 Metre Within a Broader Intersection of 1.57 g/t Over 31 Metres in the J Zone
https://finance.yahoo.com/news/troilus-drills-4-72-g-110000330.html
Aztec Receives Initial 2021 RC Drill Results from Tombstone Project, Arizona; Intersects Broad and High-Grade Gold-Silver Mineralized Zones; Including 5.71 gpt Gold and 40.5 gpt Silver (6.282 gpt AuEq) over 32.01 m
https://finance.yahoo.com/news/aztec-receives-initial-2021-rc-113000653.html
Parral Reports Tenth Consecutive Quarter of Positive Cash Flow on Production of 575K AgEq Oz
https://finance.yahoo.com/news/parral-reports-tenth-consecutive-quarter-113000999.html
Re Fed minutes
Yes I saw that somewhere…..scum just clipped oil for 2 dollars, just as it was threatening to make back a chunk of ytstdys losses…which were all due to total BS story that OPEC had collapsed, due to not agreeing with UAE’s request for a larger quota.
OPEC fights like cats and dogs, always has, always will…..
Just saw rates…that shud not be happening….but with scum anything can happen.
Someone correct me if I’m wrong, but I think we have to suffer through the Fed Minutes today.
Haitian President Jovenel Moïse assassinated at home, official says
https://www.google.com/amp/s/www.foxnews.com/world/haitian-president-jovenel-moise-assassinated.amp