Loading ...Yer right … where is it going? Sure not an obvious answer!
“scum pushed” The PMs yes … you think the SM too?
As far as the PMs rising they can’t really stop it. Might as well be King Canute himself!
Mr Copper
It’s like for show. Talking heads saying oh don’t worry it won’t affect the market. The Fed says it wants to increase rates to .50 to get it to 2.5 by the end of the year. Real inflation yearly is at 7 %. But yet the dollar rises anyways.
ipso facto
Re hasn’t raised yet and falling apart……Yes but where is the money going ????
I remember past Fed reversals/Changes and u could see the flow…..like out of bonds into the SM or cash, or out of the SM and into Bonds, or like now out of the SM and Bonds into PM’s etc…. the action shows nowhere to hide….which tells me that it is scum pushed, not mkt driven.
goldielocks @ 22:28
Sounds like a sound strategy. 
Ipso
Psaki, is she one of the Demos saying Trump will start WW111? That Trump isn’t qualified? Maybe Trump can tell them the wrong thing to do so they’ll do the opposite.
FWIW … Just what we need …
WH PRESS SEC. PSAKI: WE ARE CONCERNED THAT IRAN WILL PRODUCE A NUCLEAR WEAPON WITHIN WEEKS.
— FinancialJuice (@financialjuice) April 26, 2022
Maddog @ 14:49
You got that right … and all the alphabet agencies would be obsessed with him!
scum gotta come in and save the close in the SM……
so just as the SM looks like it will fall off a cliff, we get crazed bargain hunters paying any offer…….well…where are u ????
Mr.Copper
The one currency the dollar is weak against is the Ruble !!!!…as are all others !!!!!
U could say the the main Gold backed currency is winning !!!!
But I think the Dollar strength is down to the scum ‘painting’ it strong…..
Maddog @ 14:52 Re Strong Dollar, Its Traded On The Futures Market, and everything is traded in USD.
So its like automatic inverse. If you are in Europe and want to invest in or buy USD contracts, you have to convert your Euro into Dollars first. All those lower valued currencies countries must be seeing VERY high oil prices. At the same time the High USD is giving us a discount of oil prices. Gold too at discount.
Its all too complicated to explain it all. So we could even say the strong dollar in SOME respects is helping keeping gasoline and oil down, good, but kills our exports businesses. Killing certain stocks and helping others too it seems.
The idiots had no business messing around with the Invisible hand of capitalism. But they DID a long time ago. So THEY took responsibility. They took it off Auto Pilot, and flying manual. So they have to do all the work and deal with the abnormalities and pricing distortions.
Mr.Copper
Re strong Dollar…that too is madness, as none of the Western currencies should be strong here, they are all up to their eyes in debt and consequently only have one future…imminent collapse……
Gold should be winning against them all…so a strong dollar to me is nothing but the scum painting pictures.
ipso facto
Stating the obvious…imagine if they had found similar dodgy deals with Trump and his children…it would never be off the front page !!!
U.S.D. 102.31: It Looks Like The Rest Of The World, Wants A Strong Dollar.
Most of the time, they get what they want, and the USA gets the shaft. I think even Trump was complaining about that. There was a time when it was very important to DROP the US Dollar. From 2001 9/11, the USD was at 120, they dropped it after that date down to 72 in 2008.
They gave us the 9/11 stimulation until it busted in the summer of 2008.
USD 120 to 72: Postscript Document (mrci.com)
1.5 year view climbing Dollar for Europe et al benefit:
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1
Ten year bond yield down a little, 2.77% today from 2.92 3-4 days ago.
Parts of the energy sector look good, ARCH+20%, CENX+9%, BTU ARLP etc, Steel sector doesn’t look bad. But geez its hard to trust any trends these days.
Anybody have a no brainer idea?? Pass it on.
PS when the manipulators dropped the USD to 72 in 2008, it rammed or inverted Oil up to $145/bbl with zero extra demand. Just a stupid adjustable unit of account. The high priced Oil caused over production of, and curtailed use of supply, and down the price went to $35/bbl in a few months. Geez, people are trying to do business, or deal with their daily lives, and we have these idiotic influences zigging and zagging everything.
That’s legit …
EXCLUSIVE: Joe’s missing millions! Financial records reveal Biden had $5.2million in unexplained income – as emails show he paid Hunter’s legal bills for one megabucks Chinese deal and was tapped as ‘big guy’ to get a 10% cut in another
Surprised
we’re not getting crushed with the SM, which looks like it’s going much lower.
It’s amazing how easily they manipulate the sector, yesterday the sold the shares in endless 100 share lots. Constant pressure and heavy volume.
I’m glad at least that we’re not going down with the Nasdaq.
goldielocks
I get the sense that their politicians are more concerned with the well being of the populace than most of ours are.
Ipso 9:22
Got to give them credit at least it’s going back to the people and not out of the country. Maybe they’re hoping these gas prices will be temporary.
Yeah that makes sense
Japan To Spend Billions To “Ease Inflationary Pain” Caused By Spending Billions
Lost most of this in the ether. Ce la vie
Silver One Continues to Advance Its Past Producing Candelaria Silver Mine, Nevada
https://finance.yahoo.com/news/silver-one-continues-advance-past-041500325.html
MCEWEN MINING: Exploration Update for Fox Complex & Gold Bar
https://finance.yahoo.com/news/mcewen-mining-exploration-fox-complex-100000744.html
Endurance Commences Drilling Program at the Reliance Gold Property, B.C.
https://finance.yahoo.com/news/endurance-commences-drilling-program-reliance-111500628.html