The Milwaukee…on the road
https://railpictures.net/photo/767560/
Gold Train
Ororeef
That interviewer can’t keep the grin off his face.
East German mentality
Germany makes a mistake allowing too many muslims in ,and then wants the rest of Europe Hungary and Poland to share the problem and costs .The East German mentality of Merkel is just like Communist regime that she lived under in EAST Germany,thats the problem. A West German mentality is what made Germany so successful under Konrad Adenauer and Ludwig Erhard .Merkel mentality is Communist,thats what she knows,thats what she was schooled in ,her Failure has been living off of Adenauers successful West german econonomy. A Communist ,is still a Communist ..Ludwig Erhard and Adenauer were the Mericle architects …not the communist Merkel.
Just like Churchill got England through the WAR and then they threw him out of office . The Communist fail and the Christians bring it back from the deaths door only to be thrown out after they fix the probems .
Thats gratitude for ya..
Bob
I know when it was cheap after that gox or whatever it was called went down I had no idea how to keep it off the market. “ When it was cheap.”
Bitcoin
It’s not a coin, it’s a bit(s). 🙂
In other news
Debt ceiling should we guess what the dems will do with all their spending plans before default?
New sec boss no fan of crypto.
Buygold 13:33
Too bad bitcoin didn’t have real coins or I would of grabbed up a bunch at 10 dollars. I heard there was times it dropped to 3 dollars.
I heard “after the fact” by the youngsters you could buy them at Robinhood but if you redeem them it’s done in cash. That would of been okay too.
Buygold
I continue to maintain that rates cannot rise because of the Government debt. JMHO.
Spot on…until the Rig came about it was generaly believed that Long Term rates were set by the mkt and no-one could control them…..we are about to find out, as Long Term Rates look set to move higher, can the scum hold them back….If rates do go higher then it’s game over for the scum, they either have to raise taxes or print even more.
What the TD Manager said would be music to the Feds ears…
BTW – Bitcoin screaming higher
That’s yet another investment I wished I had got into other than pm’s.
So much opportunity cost lost by being in pm’s for the last two decades.
Pretty brutal day
I’m looking at BTG – B2Gold. Pays a 4% dividend, but a small stock.
Spoke with a TD Ameritrade manager yesterday. Surprisingly he didn’t try to push anything on me. Just said there is nowhere to go other than stocks.
I had to agree, unfortunately not pm stocks. In cash he thought we were losing 6-7% a year because of inflation. Pretty smart guy and not pushy.
Maddog @ 9:16
Roger that thanks. Strange drop in the paper margined AU AG market. Ya know, share buyers, and futures traders, are two entirely different animals.
The futures players are mostly short term with thousands of ounces (or oil barrels) positions on huge margin, and the slightest percent move up or down makes them big winners or big losers and they need to sell real fast when the price goes against them.
Share players mostly longer term not on margin and if so only 50% maximum? So what I’m saying is the share prices should not be pegged to the action in futures market. Its really dumb.
Richard
Who ever posted that, tell him to tell that to whom ever is holding PM shares right now.
There are a lot of good everyday traders that just get out of PM stocks and don’t go back. They might by phyz but the stocks even if the company is making money don’t make any sense. Do you see shake outs in equities or just PMs?
I’m beginning to look at it like a crap table. Sometimes is cold sometimes hot. If it’s cold you walk away or hold back and don’t give away your wins.
Well I’ll be darned
The gold and silver didn’t get sold out of halted yet. I could of got a discount.
Maya
This is just one example of how back as wards things can be. A young woman here a enthusiast with her own little shop. Can make her own weapons and bullets and was teaching her kids. Law abiding I don’t think she even hunts. Then one day she told her abusive mother’s boyfriend not law abiding to back off. Her mother left this violent guy and he was stalking her.
The girl was protecting her mother and and was smart enough to never mentioned weapons although she had them if she needed them.
These thugs know how tp work the system.
He made a complaint against her asking for a restraint order claiming she threatened him and he feared for his life when it was all the other way around. They ordered her to surrender all her guns and that was her lively hood. It caused a backlash to the system that didn’t even investigate before they acted to all who knew her including me. She won in court but it was costly to her. Maybe these kinda cops should realize if they get to us they will be next.
Maya
That’s a good thing helping the NRA. I was a member once but didn’t have much use for their magazines either. With the way things are going defunding the police, releasing thugs to the street while they use their campaign money for private security is their atty rep if you have to use it might come in handy though.
Well that would of been a good short
It went right through one support straight to the next one below. Maybe that will form a mini double bottom so draw the lines again.
But hey all is good in the financial world, trillions in debt, planning on spending trillions more, shutting down business for the vaccine nazis to profit, keeping a imaginary 2 percent inflation number while everything’s doubled in price in just a few yrs.
Taper time?
Course the financial media all claims that because of the strong jobs report this will a reason for the Fed to taper.
Hmmm… what exactly will they taper? Bond purchases? How do they do that without rates going through the roof?
I continue to maintain that rates cannot rise because of the Government debt. JMHO.
Buygold @ 9:57
You bet! I think they’ll just keep growing and growing.
We’re sure feeling the cosh today! It’s a perfect world!