Ipso – never that I can remember. :)
“When was the last time gold was hammered and the PM shares up?”
I have no clue but I’ll take it. We’ll see if it lasts – hope so.
Mr Copper
Ps I have no idea when oil dropped to about 20 last year I didn’t load up on as many as I could. I guess because I was thinking about retirement this year plus the Covid issue financially if needed.
But that was a good deal who ever got in on that drop.
Mr Copper
Right, some people were in both oil and PMs including me lol but with me not much it was just a charting hobby. I did see the top in both oil and gold and went short oil about 2 days before the crash and they delisted. I saw both were going to crash but seemed at the time oil was gonna take a real hit anyways and didn’t want to short the goldbugs. Should leave emotion behind I guess. Then at the same time but a bit before housing had topped and though oh no too late for housing should of watched it before.
I don’t think anyone knew just how bad it was gonna be.
goldielocks @ 16:22 Copy that. During the 1970s after removing Gold backing on the USD
All commodity prices lifted off in unison. Gasoline went .25 cents to $1.25 higher oil caused higher prices because so many things are made from oil, and delivery costs went up. And the dirt bag commie lap dog Media blamed the rocketing prices “THE WAGE PRICE SPIRAL” 1970 TO 1982.
Urban wildlife
Our pup Jack, just chased off a hawk which was feeding on a pigeon by the bird feeder. Not much pigeon left.
If You’re Canadian you need to watch this short video. If you’re American you most likely have the same happening there…FWIW!
JustinTrudeau needs to be arrested. Proof right here!
Ipso 16.25
Yeah kinda, pre 2008. Shares were moving up plus or minus a year here and there since 2000 up the channel was up. Then the crash came and the opposite happened for awhile. Gold was kinda holding its own but the shares tanked. So at that time phyz holders were better off than paper holders. Right now though investing in paper might be safer as far as managing loses if you watch it because of the current premiums on the phyz. If you needed to sell you’d sell for a loss.
Truth Bomb! Good for him!
Archbishop Viganò Writes Stunning Letter On Vaccine Program
Viganò asserts that vaccines normally go through years of rigorous testing, and that the lack of such a process in the case of COVID-19 jabs represents public health authorities conducting “experimentation on the entire world population.”
The Archbishop referenced drug treatments that have proven effective in fighting COVID without the risks of vaccines, noting that such drugs have been discredited by global health bodies and the media.
“It must be reiterated that there are effective treatments which cure patients and allow them to develop permanent natural immune defenses, something that the vaccines do not do,” he wrote.
“Furthermore, these treatments do not cause serious side effects, since the drugs that are used have been licensed for decades.”
“International standards specify that an experimental drug cannot be authorized for distribution except in the absence of an effective alternative treatment: this is why drug agencies in the USA and Europe have prevented the use of hydroxychloroquine, ivermectin, hyper-immune plasma, and other therapies with proven effectiveness,” he added.
Viganò goes on to state that the vaccines proving ineffective in preventing people from getting and passing on the virus means they can’t even be called vaccines.
“In fact a “vaccine” is defined as a medicinal preparation aimed at inducing the production of protective antibodies by the organism, conferring specific resistance against a specific infectious disease (viral, bacterial, protozoal). This definition was recently changed by the WHO, because otherwise it would not have been able to include anti-Covid drugs, which do not induce the production of protective antibodies and do not confer a specific resistance against the SarsCoV-2 infectious disease.”
The Archbishop went on to assert it was a moral “duty” to refuse inoculation given what we now know about the vaccine program.
“Worldwide, the number of deaths and grave pathologies following vaccination is increasing exponentially: in only nine months these vaccines have caused more deaths than all vaccines in the last thirty years. Not only this: in many nations – such as Israel for example – the number of deaths after vaccination is now greater than the number of deaths from Covid.”
more https://www.zerohedge.com/covid-19/archbishop-vigano-writes-stunning-letter-vaccine-program
Buygold @ 15:58
When was the last time gold was hammered and the PM shares up?
I sure don’t remember.
Mr Copper
You see how the Fed puts it? Wages? Wages cause inflation. It’s the wages fault not their printing and mismanagement of tax dollars is what they’re trying to dump it on. Even the rich don’t like getting ripped off. They’d why they hire lawyers.
These big business can be cut throat. There a good or bad and both can fight I’m their own way.
For instance decades ago I was getting out of a bad relationship. This person drew on their mom and dad. A relative saw it and bought up the business the parents worked at and fired them.
goldielocks @ 15:12
You’re right we’ll pay eventually for our leader’s mistakes. Pay bigtime!
Ororeef
Lol She puts to shame all these looney lefty’s immigrants or not, especially not. She’s more American than they are.
@GOLDILOCKS RE YOUR “It’s throwing them in poverty as inflation eats up their pay check.”
They passed a law in 1937 called “The Minimum Wage and Maximum Hours Act” our dip shit dumb as a stump weak loser politicians neglected to MAINTAIN the law.
YA KNOW
BIDEN thought ..ya better support me because ya know who the Vice President is and Im the lesser of two evils
GUESS what ya better support Virginias GOV because because when it comes to Lt Gov the GOVERNOR is the lessor threat of possible gun toten adverseries hehe
TWO can play that GAME !
Mr Copper
Yep, I don’t know the name of the person on Fox now who said the peanut butter she buys is now at 11 dollars a jar and said since when?
Powell did nothing but contradict himself. I’m guessing he is scared. They know they can no longer side tract people with woke or other BS when their kids are hungry.
I donated a pair of shoes “ expensive” to the school and they asked for more and this isn’t a poverty area. They want coats for winter. They got parents I’m guessing some are immigrants asking if they’re going to be giving out any Christmas presents. It’s throwing them in poverty as inflation eats up their pay check.
Meanwhile they want to give 450k for separation to illegals for breaking the law when all this is going on.
Where’s the 450 to all the cops who died in the line of duty, our military including the wounded warriors, the victims of drugs from the border many young kids, the victims of illegal aliens.
All the people who died of Covid from a alien virus for that matter. Their insane.
I can’t even trust anything Powell says. He doesn’t even seem to recognize his part in the inflation crisis with printing to infinity. Plus they change their minds or make excuses.
Hey Ipso
Not a bad day, but not a great day either. Just hoping the don’t come after us tomorrow.
Beats the crap out of what usually happens after a Fed meeting.
He He
Virginia Lt Governor…ex marine practices at the GUN Range.. Democrats worst nightmare ,NOW if we can only get her to say a few kind words about GOLD !
@goldilocks re your “till they find away to dump the costs on us.”
I think they are more concerned about we the people not wealthy enough to afford any more dumping on us. They are scared stiff. Re their bond buying and lower rates. Maybe “us” means all the wealthy global corporations the multi billionaires who should have retired 30 years ago..
Ipso
Transitory, I think that’s a code word for Greenspan or something like “I Don’t care, “ this is about us not you people still on earth.” They can’t pay it back so they’re gonna just keep printing till they find away to dump the costs on us.
Nice Rebounds, Even With Lower Gold Price? What happened?
I See Jerome Powell still on TV yapping. Maybe he’s saying the right things like “don’t worry about your stocks and real estate inflation hedges, we will keep rates low” I didn’t hear any of it.
This is becoming a pattern pre and post Fed
if I wasn’t so sure that the scum never have to cover, I might think they are trying to smash prices down, to be able to cover…..whatever it is there are buyers in size around.
Buygold 13:33
Dangerous compared to what? Boys fixing on being the next Ted Buddy who don’t even identify as girls attacking a girl in the school bathroom. Attaching our first amendment at wanting to sick the FBI on parents concerned about their children’s welfare? Dangerous as the streets of Chicago or other demo run virus. Dangerous as our borders and their open border ideology. Dangerous as the drugs being smuggled in from those same borders killing more people that the propped up corona virus number of deaths? Dangerous as teaching our kids to judge by race, teaching them to hate this country to make it vulnerable and less secure?
Dangerous as pushing racism instead of looking at the real problems facing our country much of which has been cause by the loony left. They’re side tracking BS is wearing wearing out. They think they can bully their way into power. People are seeing what happens when these brain dead get power, things get worse then they double down on worse and try more bullying.
They’re saying we’ll continue to harass, cry racists, and make false accusations with no accountability until they get their way and their way is dangerous. Dangerous for our kids, our health as in mandatory vaccines, or country and economy. The B needs to look in the mirror.
Anything that will bring gold up lol?
I think it has levels “ unlike inflation that seems to have none.” Right now it just seems to be running in a channel.