Maddog
Where I’m at although many are older now some young still learning there are people who could survive in the wild plus know how to build things to temper weather without the grid.
I was at a friends house years back and went with the elderly mother to her huge storage in her back yard to help her get something. I was asked if I could help the mother with a TPN “ nutritional IV more complicated” for the father. It was about 105 outside. When we went inside it was cold. I asked if there was air conditioning in here? She said no. It was colder than her house with air conditioning. I called her son up who built it and asked him how he did that.
He said he just insulated the hell out of it.
I think people should start doing that now.
Armstrong’s hinting and hope he’s wrong war can come to our shores.
Buygold 14:49
Lol It’s sounded like you just captured a ship full of gold. Lol
Actually that’s about what it is too.
Meanwhile though I’m buying books on old time home remedies for growing food and dealing with any creatures that eat them because the bad news besides the other bad news is fertilizer is going with it. Not to spoil our fun just sayin. I guess if you do good enough it won’t matter except they will want to eat into any profits.
Where Byrmeister used to live things are getting bad turning from street robbery’s into home invasions usually young gansta types. Having someone knock on the door selling something with others hiding waiting for the door to open. As poverty gets worse with inflation so will that. I think security screens locked might help especially if kids answer the door although parents are now telling them to never answer.
COT Report – the battle continues
Commercials won this week, because after this report is when gold struggled. Banksters keep pressing their bets but also adding some longs.
CFTC Commitments of Traders Report – CMX (Futures Only)
I think Monday will be a doozy. We’ll see how gold reacts.
What the Climate Hoax has really been about – David Icke Dot Connector Videocast
It appears that people have become so gullible they would rather believe a lie than the truth, especially if the lie comes from the MSM….so just lie to them about everything, and if someone tries to tell them the truth they will turn on the truth tellers like a pack of hyenas. It doesn’t matter if it is climate change….or the COVID plandemic…..or deaths caused by vaccines….or the rigged stock markets. The world is being run by the insane where lie is truth, good in bad, up is down, right is wrong, war is peace, etc. Hope a few will listen to David Icke and enjoy a glimpse of the truth for a change.
Ipso – “We are in really weird market times.”
Agree, but this is the opportunity of a lifetime to make money in gold, silver, and other commodities.
Or if you have some guts to go short. I’ve been shorting some indexes here and there, but only for a day trade. The problem with holding overnight is that you can never know when the Fed will goose the futures.
One thing seems clear to me, the SM is headed down, way down and gold is going up, way up. It’s ours for the taking.
Mr Copper
Yup…I’m in the UK….gonna call my supplier on Monday and tell ’em call up the US, as My mate Mr Copper says he can get all he wants….!!!!!!
off to watch some Rugby………later.
cheers
They are biased but it makes great sense.
“God Help Us”: The “Death Knell” For The Dollar Is Here, Metals Markets “Are Breaking”
https://www.zerohedge.com/markets/god-help-us-death-knell-dollar-here-metals-markets-are-breaking
Maddog @ 14:02 re Heating Oil
If I remember right, you are in UK. Up here you can get all the #2 you want. If you call them early you get todays price. If you call later, they tell you “we don’t know what it will cost until tomorrow”. There was finally a newspaper story about the burden on people. Supposedly we have 40% of homes using #2 oil for heat. But nobody’s topping off that I know.
If anything they order a smaller amounts because of the high expense. but 50 and 100 gallon orders have a higher price per gallon. I get 300 gallons for the cheaper price. I use about 1200 gallons a year. No matter what the cost. And I assume the producers produce the same amounts every year to match usage. So if by you, people are topping off to avoid higher prices, yes that would be artificial demand and higher prices. Then 4 days later prices are lower and they all topped off on the highs. LOL, the system is a joke.
I remember decades ago when prices were high for gasoline. You could buy nice 4X4 SUVs real cheap, motor homes too a big bargain. Then when prices crashed, those vehicles got expensive again. In constant value dollars, in my view, gasoline is slightly cheaper or exactly right in line with 1970 prices.
Buygold
Re Heating Oil….
Yr probably right…..but if the mkt prices does ease, then there will be huge political pressure to bring prices back some, as the screaming over here is already deafening, for the government to do some thing !!!!! and as the they cannot admit it is their idiocy that got us here, no doubt they will strong arm suppliers ….
But yes I resigned to coughing up big time….and then go and find a greenie to give a good kicking !!!!!
The most sensible post I have yet seen on the Ukraine situ…no idea of their back ground
but they sound ex military.
‘The warmongers and NATO are all fighting a PR battle while Russia fights an actual military battle. Mostly in the east near Donbas. They ran a convoy south towards Kiev and stopped. They are waiting for their main forces encircling 75% of the Ukraine military, which is near Donbas to arrive.
The monumental silliness about Chinese tires and running out of fuel is delusional. Those forces were doing exercises for literally months north of the Belarus border. They know exactly how much fuel they burn and how many miles are on the tires. This stuff is just absurd thinking.
Russia’s military gets its officers just like the US, from an ROTC equivalent arrangement with 70 civilian universities with attached military training centers and a handful of other mtc’s unattached (their academies). This is US equivalent stuff. The senior Ukraine military officers Went To The Same Schools. The generals on both sides were all classmates. They all studied the same battles, mostly Stalingrad. Both sets of generals know the outcome of all this.
Does this mean the war is lost for Zelensky? Yes.
He should take whatever deal will let him keep some power, cozy up to Russia for the good of his people, and get lower natgas prices as a Russia ally. Their day to day lives will improve from what they were pre invasion.
Ideology does not put food on the table.’
Maddog
even if the price of oil were cut in half tomorrow, it would probably take a year for gas (and heating oil) to come back down.
They are always quick to raise prices, but they are always really slow to bring prices back in.
DOW is about ready to crack, that will be a SM trifecta!
I’m sure Zelensky is feeling much better now he know that Billie Jeean is on side…….( who she ….ed ????)
Nancy Pelosi Comforts Zelensky With an Offer of Help From … Billie Jean King
Mr Copper
Re heating Oil…dunno if u are the same but over here, I spoke to my supplier ystdy and she told…total panic, like they have never seen, phones ringing off the hook….prices have jumped from 69 p/litre to 109p/litre…but no prices held, they call u and say we can give u whatever the price is…but u can only have 500 litres..in 3 weeks…ie they will call u in @ 2 weeks and deliver 1 week later…..if u accept the price.
Then when I was putting petrol in my car today i thought…hang on if the petrol boys can keep the pumps running…how come the heating oil boys can’t…my guess is once everyones tanks are a fullish it will calm down….I hope…..still I have turned off my Oil fired heating and water and just have electric for water and a multi fuel stove, plus cooker keeping the kitchen warm….as my oil is running low …anyway total panic apparently …
Mr.Copper
Re heating Oil…dunno if u are the same but over here, I spoke to my supplier ystdy and she told…total panic, like they have never seen, phones ringing off the hook….prices have jumped from 69 p/litre to 109p/litre…but no prices held, they call u and say we can give u whatever the price is…but u can only have 500 litres..in 3 weeks…ie they will call u in @ 2 weeks and deliver 1 week later…..if u accept the price.
Then when I was putting petrol in my car today i thought…hang on if the petrol boys can keep the pumps running…how come the heating oil boys can’t…my guess is once everyones tanks are a fullish it will calm down….I hope…..still I have turned off my Oil fired heating and water and just have electric for water and a multi fuel stove, plus cooker keeping the kitchen warm….as my oil is running low …anyway total panic apparently …
Re Big 77 Acre Shopping Mall Near By Shutting Down, Not Renewing Leases, Local Media Pushing For More Houses
So I sent them a note:
Because of the huge profits, more and more stores and malls were opening all over. But after 1975 at the same time, all the consumer product jobs were getting outsourced. So the customer base prosperity gradually declined, as retail grew. So wealth absorbing retail, shot itself in the foot by farming out wealth creating factory jobs. That trend culminated in 2008. Everything is in reverse. Manufacturing is coming back. Long term its been a 100 plus year cycle of Learn, Unlearn, and Relearn the global system is going thru now.
So, turning 77 acres into 308 houses on 1/4 acre lots? and add 4 people to each house? 1200 plus people added to the population that need jobs and services? I think the 77 acres should be turned into an industrial park that creates things of value the jobs that produce wealth for others to live off of. Factories produce wealth, everyone else absorbs wealth. If you know what I mean. Thats why the country is broke. China et al got the wealth creating producing of things jobs, and we got left with the sales and service of their things (wealth absorbing overhead) jobs.
eeos
I think those hand signals are smarter than her brain!
Buygold @ 11:20
Sounds good to me! We are in really weird market times.
9:55 ipso it’s surely jet lag
What are all those hand signals about too, that needs to be decrypted. It’s almost like she loves coke parties and staying up late.
Ipso, since you and I are the only posters yammering this am
I’m going to make a fearless prediction.
If gold turns higher here gold will be up $40 by the end of the day.
Picked up some IMPUY
missed it at $11, but it still pays a 6.75% dividend,
It goes ex-dividend on 3/17 and pays out 3/29 – the theory is that it will rise going into the ex-dividend date.
It was worth taking a stab with 500 shares.
Once again, the pm shares continue to hold up relatively well. I’m stunned that the HUI hasn’t been slammed under 300 with gold taking a $100 hit. The shares are leading, every good run we’ve ever had has been led by the shares.
If Russia was ever musing over the idea of invading W. Europe … (which I don’t think is true)
then the performance of their army in Ukraine would certainly give them reason to pause.
Looks like the Bitcoin/Nasdaq correlation is working today
also looks like the longs in the SM don’t want to be holding stocks over the weekend.
I’m not afraid to hold pm’s and shares over the weekend. Which is the first time I actually feel that way in many, many moons.
Buygold
I think the path to peace in Ukraine is going to be a hard slog … and the damages from the sanctions etc will last even longer. I don’t think the POG is in peril of declining much. JMO
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!”
“Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.”
Jesse Livermore
Ipso – I’m with ya
algo driven mush, on a headline on a comment by Putin.
We don’t have any idea if the actual headline is true.
PM’s are inching back up though and I’m thinking silver might have a chance to go black..