Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
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Loading ...Hi BG,
Yeah, I’ve owned it seemingly forever. It has done well for me during that time. I have wished I had more and have considered buying more, but can’t get past the Zimbabwe location.
Of course, Zimbabwe can be almost anywhere today… including right here in the good ol’ USA ha-ha
Maybe ‘nibble in’ and Good Luck!
Seriously
Don’t these markets feel totally “controlled” …….
All I can do is keep dropping 1 kg silver bombs towards my children’s future well being ……. deep storage ……..
Onward Pilgrims
WD
Could it be the bottom? The spice must flow! 
Positioning and excess pessimism reflect a big part of the market reaction.
There is more: as we wrote repeatedly over the past week, the Fed is set to hike aggressively right into a recession, and it appears that even Powell is becoming concerned about this eventuality. To wit, Englander writes in his post-Fed note that “we also saw a few tentative indications that the Fed sees a little more risk of a slowdown (or at least a moderation in activity), and that it did not want to endorse the most hawkish views under discussion at this point.”
Silver gapped up in after hours trade. We may have a some kind of low in place. Watch mining stocks tomorrow.
I picked some of this and some SAND today. CMCL pays a 4% divi, Seems like the market likes the Sandstorm deals – all stock – and the shares have held up nicely.
Anyone own Caledonia?
What say you Swami?
It’s a rare occasion when pm’s are allowed to have “back to back” up days after a Fed meeting, in fact, I don’t know if it’s ever happened in the last 20 years or so, but I’m sure it has right? 🙂
Volume in the shares was low, buyers not frontrunning an expected move higher in the metals gives me pause.
The single best thing about today was how silver turned higher off that bottom with some gusto, SLV should get to $22 pretty easily and that’s just a dead cat bounce.
Platinum has had a good couple of days FWIW
Maybe not for now but we’ll see what happens over the course of the year.
stocks are higher because Powell ruled out .75 BPS hikes.
I’ve got to be right sometimes.
It Would be nice if the PM shares were doing better …
Who would have thought? I’d like to see the HUI jump up a little stronger but beggars can’t be choosers.
shame we can’t move till the SM does..but like any beggar…I’ll take it.
we should get a good bounce if we can avoid the scum for a couple of days.
u gotta wonder how many thousands of lots they are selling here, in the PM’s….looking at the action….it is just insane.
Everything is so tame. Don’t usually see that after a Fed Announcement.
Powell speaks in a few, that may be all that matters.
which shud mean serious rally, as Fed admits rates rises needed…but of course they can only go so far…or the economy will be killed stone dead.
no doubt the serious rally, will be stomped on by the scum.
Re the Grand Poobah:
In the 70’s people also recognized it from the show Happy Days. In the show the patriarch of the family is a member of a leopard lodge. Often he is seen heading off to his meeting wearing a fez with leopard spots. Again the head of the leopard lodge is the ‘Grand Poobah.’
It is easy to assume the origin of the ‘title ‘Grand Poobah’ came from a pop culture reference such as the ones mentioned above or in some of the other ways it has been used in pop culture. Especially over the last few decades.
Instead the origin of the term Grand Poobah comes to us from March 1885.
Comment: Reminds me of Ralph Kramdons racoon cap with the tail on it.
I have some IAG it was doing great for a few months, I was in the money on it, and suddenly its back to the Sept lows. I heard something about a new mine they are developing has cost over runs. Now what. Maybe it will get absorbed.
Part:
IAMGOLD employs approximately 5,000 people and is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices, including its commitment to Zero Harm®, in every aspect of its business. IAMGOLD is listed on the New York Stock Exchange (NYSE: IAG) and the Toronto Stock Exchange (TSX: IMG) and is one of the companies on the
>>>> Jantzi Social Index (“JSI”)<<<<?? a leading global provider of ESG a socially screened market capitalization-weighted consisting of companies which pass a set of broadly based environmental, social and governance rating criteria.
Comment: The good guys finish last. It looks like 4 of 8 directors are woman.
ESG stands for Environmental, Social, and Governance. Investors are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth opportunities.
ugly chart, RSI at 25
if it turns, it could be today, tomorrow.
MAY THE FOURTH BE WITH YOU !!!
Input prices and output charges increased at the sharpest rates on record…
REVEALED: George Soros, Clinton and Obama staffers and European governments are behind anti-Musk campaign to force big corporations to boycott Twitter – after Elon demanded to know ‘who funds these organizations?’
