90 mph Golden Bullet
https://railpictures.net/photo/768107/
90 mph Golden Bullet
https://railpictures.net/photo/768107/
Don’t know how many of you follow the network ‘soft-porn dating show’ called “LOVE ISLAND” that is producing live from the Big Island Hamakua coast on a big estate oceanside. The neighbors hate the disruptions. I happen to know a homeowner in the neighborhood of “The Villa” and he tells me that five of the show participants have tested positive for Covid now. Will be interesting to see how the producers handle the show going forward now. Perhaps they can rename it “COVID ISLAND”… because that is exactly where we are! Stupid idiots.
It sure looks like the printing presses will run continuous from now until the whole shmeer blows up. Sooner or later I think that’s what happens.
A little diversifying sounds like a sound move.
You said it!
I added it to my “break out” watch list. The Media lately has been talking a lot about lower commodities prices, Copper Oil Gold etc, so we must be close to a bottom on AU AG etc. Long ago when I first started, there was lots of good news about GM. So I bought some, and soon after, down it went. Not 100%, but very often by the time they give some free info, that’s what its worth, nothing.
Take a look in diversified metals SGMLF, PLL, SLI, lithium related etf LIT. Coal related METC, Steel related TX, AMR, TX, RYI, CLF, MT, I’m recently on steel’s TMST, NUE, SWBI guns and added a little to older pms positions. I just figured my PF is down 21.5%. Who cares? LOL.
We were stuck a long time under $1200 gold, I’m happy over $1500 and more happy over $1700. We shall see. If this Covid II gets worse, and it closes businesses again? I feel sorry for TPTB (not really) they will have to stimulate more again.
That is one sick twisted MF. I’m surprised no one has been gunning for him yet.
I have some of that Fosterville South in my PF. Looks like they may be on to something. I hope!
parts:
During a period of stabilization for approximately six months during 1920, 1400 German marks was equal to 1 oz. gold. Three years earlier the ratio was 100 marks to 1 oz. gold.
However, a fourteen-fold increase in the ratio of marks to gold was nothing compared to what was about to happen.
“By July 1922, the German Mark fell to 300 marks for $1; in November it was at 9,000 to $1; by January 1923 it was at 49,000 to $1; by July 1923, it was at 1,100,000 to $1. It reached 2.5 trillion marks to $1 in mid-November 1923, varying from city to city.” (source)
Using the ratio of 1 trillion marks to the US dollar in July 1923, the equivalent price for one ounce of gold was 20 TRILLION German marks!
Any plans to borrow money had been abandoned earlier. They printed whatever marks were needed (like the Global Central Bank in USA) in order to buy other currencies which they could use to pay their obligations, and hopefully chase away the inflationary effects of their efforts.
Here is another example of how those effects translated in real life…
“A student at Freiburg University ordered a cup of coffee at a cafe. The price on the menu was 5,000 Marks. He had two cups. When the bill came, it was for 14,000 Marks. “If you want to save money,” he was told, “and you want two cups of coffee, you should order them both at the same time.”
If we use a price of 5 cents per cup of coffee in US dollars, then the ratio at that time was 140,000 marks to $1. Even though the worst was yet to come, this still represents a 27,900 percent increase in the price of a cup of coffee from five years earlier.
At one point in 1923, the price for one loaf of bread was more than 200 billion marks.
https://www.fxempire.com/forecasts/article/gold-price-during-hyperinflation-727825
Keep in mind, $19/oz before the 1929 crash, plus 80% is Gold $34/oz after the deflationary crash. These Days? $1800 plus 80% is only $3240/oz though. The 2020s today are far more distorted than the 1920s, so figure $6,000/oz or more.
And THATS with a smart people friendly Deflation. If total psychological confidence is lost with people dumping paper money on anything and everything causing a hyperinflationary collapse of paper money? There is no limit to how high Gold could get.
The commies must like inflation better than deflation. Note they are fighting against a deflation ie low rates. With inflation, any idiot like George Soros trading currencies, or Joe Sixpack can make big money on Apple or Tesla stock.
With Deflation, only smart people like Henry Ford, Andrew Carnegie, and Thomas Edison etc make money. They invented and produced things that people needed. Gamblers with too much money or credit just WIN money from each other and contribute nothing, other than driving up prices of stocks and real estate on themselves and others.
It looks interesting, maybe it will be the next NFGFF, New Found Gold.
As long as the vote is fair, then u have no probs in the US as, I reckon Trump won a landslide, probably the biggest one ever by a long way, he might even have won California…..next time it will be the same…but the vote has to be clean and that is where the globalists score, they have no problems with cheating/sidestepping democracy.
I don’t know what it will take to get people mad enough to vote the bastards out but I think it’s coming. Let’s hope Newsome’s recall is just a taste of things to come.
Cheers
Re Last nights action…completely agree regarding the Rig…..anyone who now talks about the mkts as if the Rig doesn’t exist, can be discarded as a scum dupe.
The Adens put out a special don’t worry it’s still a Bull mkt comment over the weekend, that slam made them look like idiots….which they are anything but….I wonder how they will address the Rig..
The only way I see out of it, is politically, people have to get pissed off enough to vote them all out, which is a given in a fair vote in the US, over here there is still a way to go but it is happening. More and more see that it is Gates and Schwab who are behind all these covid/climate rules and they are not happy.
The other alternative is the SM crashes first and takes out the Banks again.
Probably the most important 15 minute read you will ever receive. Literally, it is worth your life and the life of your loved ones and friends to become informed about this Jab!
The Missing Pages of Our COVID-19 Vaccine Informed Consent Document
Hopefully it indicates the slaughter is close to being over and that double bottom holds.
WEIRD: Bill Gates Smiles When Suggesting the Nonvaccinated Should Be Withheld Their Social Security Benefits
If anyone had doubts about the existence of the rig they should be convinced now.
The action in gold last night was not the sales of a rational seller who wants to maximize the price of his sales!
Gatling Delivers Drilling Update: 7.7 g/t Au over 17.0 m Extending the Bear Deposit and Additional Positive Drilling Continues at the Fernland Deposit
https://finance.yahoo.com/news/gatling-delivers-drilling-7-7-100000236.html
Mako Mining Provides Operating Results for July
https://finance.yahoo.com/news/mako-mining-provides-operating-results-110000105.html
Ascot Intercepts 21.13 g/t Gold Over 7.0 Metres in Step-Out Hole at Premier
https://finance.yahoo.com/news/ascot-intercepts-21-13-g-110000032.html
Magna Gold Provides an Update to its Previously Announced Non-Brokered Private Placement of C$10,000,000 Convertible Debentures with Delbrook Capital Advisors Inc.
https://finance.yahoo.com/news/magna-gold-provides-previously-announced-110000862.html
Fosterville South Intersects 11m at 31.34 g/t Gold Including 4m at 80.05 g/t Gold During Initial Drilling at the Reedy Creek Goldfield Within Providence Project
https://finance.yahoo.com/news/fosterville-south-intersects-11m-31-113000240.html
Karora Delivers Strong Second Quarter 2021 Adjusted Earnings of $0.10 Per Share, Adjusted EBITDA of $0.20 Per Share and AISC of US$996 Per Ounce
https://finance.yahoo.com/news/karora-delivers-strong-second-quarter-113700656.html
Gold Royalty & Ely Gold Announce Town Hall Meeting – August 10, 2021
https://finance.yahoo.com/news/gold-royalty-ely-gold-announce-120000960.html
Barrick Announces Second $250 Million ($0.14 per share¹) Return of Capital Tranche in Addition to a $0.09 Per Share Quarterly Dividend
https://finance.yahoo.com/news/barrick-announces-second-250-million-095900645.html
even though PM’s are back well, Bitcrap is up over 7 %……the scum really are taking the piss.
This kind of action tells me that Bitcrap is officially sanctioned, in order to acclimatise people into believing non tangible digital marks can be of real value, even though they disappear with a single key stroke.
Rio is making so much dosh that the rumour is the Divi will go from @ 8.5 % to over 13 %.
https://finance.yahoo.com/quote/RIO?p=RIO&.tsrc=fin-srch
Which after the scum latest outrage, only makes the price of PM metals even more absurd……not that anyone in the MSM or so called authority will do or mention anything.
We live in a world of lies which many people are just beginning to realise, tks the obviousness of the Great Reset agenda being played out and the attitude over vaccines….to us in the PM world that concept is nothing new .
At some point the confidence will evaporate from the SM’s, due to people realising it is all lies, then the scum will have no where to hide.