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Mr Copper
My older son and I are going the “black diesel” route. We have 3 old idi diesel pickups which uses black diesel just fine. We centrifuge the used oil, add 20% gasoline for viscosity, and put it in our fuel tanks.
Rumor has it that the crude oil around here works fine also.. If we run short of used oil , I may have to get into the oil well location “inspection” business.
Good day today for me.
My short Dow etf did well. The July-Dec bear cotton spread did exceptional and is my largest position by far. SBSW was another bloodbath. Luckily, I can wait it out and collect a good dividend. I will add to it when it crosses some moving averages.
Buygold @ 16:48
Shocking!
Should have known
FOX Business had a guest on who said to go into pm’s and the miners. Said he expected the shares to return 90 – 160% over the next 6-12 months.
Surprised he was allowed on the show.
It’s all about silver now.
Weekend viewing…
From Ice Age Farmer, an update on our food supply, how it is being shut down.
@redneckokie re your It appears the industrial value is controlling everything but gold.
I think you’re right about that. Re The huge pent up demand for autos should send the platinum group higher? We don’t know for sure about demand for autos. A car dealer friend won’t bother trading cars much, because everybody wants light duty vans and trucks. Or 4X4 Suvs. Passenger cars have been going out of style around here.
Silver? I think its easier to hold it down by the managers, and maybe a trick optional way to hold Gold down. The haven’t had any luck with that figuring its holding around $1800 for about two years. And lately declared a Tier 1 asset for banks.
Check out the $1800 line: https://finviz.com/futures_charts.ashx?t=GC&p=d1
And since we have all this talk about high inflation, the future is always a surprise, and a massive deflation would not surprise me, because the USA has already HAD massive inflation since 1913 and 1934 and accelerated after the 1971 Gold cut off. A new Chevy was a $1000 in 1950. I declared 2008 as a confirmation of everything in reverse. So 5o plus years of inflation going into reverse would make sense.
In other words how much SMALLER can that idiot fake dollar get? $1 is equal to 4 slices of bread. Maybe 3 slices today. Why have a 3 slice of bread Dollar split up into 100 pennies its a joke. The $1 US Dollar should be the smallest denomination. In other words, the difference between $4 and $5 gasoline is 3 slices of bread. Who the hell CARES about the value of 3 slices of bread? The whole damn gallon of gas is a loaf of bread. A pretty fair trade imo.
COT Report – going in the right direction
Banksters continue to cover in silver, while the funds get short. Gold right direction but lighter volume.
CFTC Commitments of Traders Report – CMX (Futures Only)
This turned into a really disappointing day.
RNO – all paper will burn….probably
Silver, platinum and palladium tanking.
It appears the industrial value is controlling everything but gold. This may be an indicator of why the stock market is tanking. The extreme slowdown in the auto industry may explain platinum and palladium. I have no idea what is holding silver back. The huge pent up demand for autos should send the platinum group higher when the auto computers arrive.
If the metals stocks don’t separate soon, we may see ALL paper burn.
https://www.bitchute.com/video/Iy47hXZXipS2/
New World Next Week with James and James…includes exposure that 60 countries, including the USA and Canada, have agreed to an internet and social media gag order for anyone who dares to expose the truth (what they are calling conspiracy theories) that the Jabbs are injuring and killing thousands….and anything else they do not want you the public to know. Basically it’s the old …How do you grow mushrooms? Just keep them in the dark and feed them a bunch of shit! Anybody see this coming?
@ipso facto re “US Intel Assisted In Sinking Russian Flagship Vessel: Officials Claim “
I myself NEVER believe anything the Media says or implies. Often, I just reverse the info for clarity. They NEVER tell the truth. They ALWAYS re-direct people’s attention in the wrong direction, AWAY from the truth. Thats their job. They will NEVER give accurate and valuable information for free.
To me “U.S. Intel” means European Intel. The “deep state” is Europe. The USA is the tail of the European dog. They do everything in our name. I can’t think of anything Europe has done for the USA. They make us do their dirty work so we get the blame. Obviously they have moles in our gov’t too.
Think about it. First UK wants out with Brexit. Then Trump wants us out with America First. We ALL know the Europeans didn’t want THAT. Now it looks like Russia wants out of the global commune. It looks like even China want out with “China first” computer news.
People that like Communes, what more and more members to share the costs. Like the Branch Davidians. So, figure Europe wants a new member, Ukrain. And Russia to me is a big pocket of independence. And TPTB or Europe, hate pockets of independents. Thats why they hate Iran and North Korea and Cuba for example.
Like the Mob. You can get in, but you can’t get out. I see TPTB in failure mode so nothing really matters now. Their global commune has turned a corner after 9/11.
The above is misinformation for entertainment.
Maddog
Pray for peace … in addition maybe start digging!
Nice gain in gold now … but the shares still stink.
drb2
Amazing what unlimited vol and no margin calls, allows u to do. !!!!
ipso facto
I live in the country side… we are a few miles away from one of our biggest arms dumps !!!!
Silver – Down 14 days in a Row
Trillions created out of thin air; World on the brink of Nuclear War; a moron is the sitting US President ……
Yep, this makes sense – not.
sorry chart wouldn’t post – try >> https://finviz.com/futures_charts.ashx?p=d1&t=SI
Maddog @ 9:57
I wish I didn’t live in suburbia. Good time to be out of the cities!
The beasts are howling in the background and there is no do over.
Here we go scum are up
Gold rallies from 1874 to 1882 and the PM shares ease off…….
ipso facto
Re that sinking with US Intel..
U gotta hope the Russkies are waiting for the Mid Terms, to see if some adults get elected……because make no mistake Vlad and Co hold grudges….there will be payback….
as I say everyday if it wasn’t for the Rig Gold wud have another 0 on it here….I have never seen such a dangerous time, or worse idiots in charge……our clown, hasn’t even got the demented excuse….and we have loads of supposedly sane people screaming for more UK involvement.
This is scary and depressing. If the Russians did this to us we’d be looking for some payback.
US Intel Assisted In Sinking Russian Flagship Vessel: Officials Claim Bombshell Escalation
Less than 24 hours after The New York Times issued a provocative report citing unnamed US officials who are celebrating that American intelligence-sharing with Ukraine’s military has helped take out multiple Russian generals since the Feb.24 invasion, NBC News is out with yet another bombshell claim sourced to the deep state US intel officials.
Amid what seems escalation after escalation, and new revelations of Washington’s deepening and perhaps increasingly direct role in fighting Russia in Ukraine, NBC brings us this doozy… “Intelligence shared by the U.S. helped Ukraine sink the Russian cruiser Moskva, U.S. officials told NBC News, confirming an American role in perhaps the most embarrassing blow to Vladimir Putin’s troubled invasion of Ukraine.”
Palladium, Platinum
getting spanked – especially palladium. Dragging silver with them?
When you find yourself in a hole …
Swedish Prime Minister Says Integration Has Failed After Migrant Riots
Sweden’s failure to properly integrate large numbers of migrants has led to the creation of parallel societies and gang violence, according to left-wing Swedish Prime Minister Magdalena Andersson.
QQQ’s just had a pm moment
dropped a couple bucks in about 10 seconds.
Unfortunately it’s dragging our shares with it.