If so, going long soon on PMs, Energy, Steel, etc will be a no brainer. The USD chart is looking like Real Estate. “Did they think it would go up and up forever? USD looking like a rhino horn formation.
Davos Crowd Losing? Good Story.
I knew that a long time ago. And what started it was 9/11. Causing the 2008 crisis that threw the obnoxious idiots “off stride.” Its obvious in commodity charts. And when Trump started campaigning, I KNEW, right away there was a falling out, non agreements among the global powers.
Thats why Trump got in, and his free speech anti status quo gov’t, got all that prime time media coverage that got him elected. First it was the Tea Party that started going one way, then Trump started going the other way. Remember? I said they were trying to reverse the reversal?? No time now to explain it all now.
@Ipso RE: your 10:00 post – “Davos Losing”
Hi Ipso,
I like Luongo and usually agree with his stuff.
But i have trouble believing that the Fed is taking the side of the ‘little people’ and going against the Banking Cartel.
Klaus the Clown, maybe, but the Fiat Money system – never.
I would love to be wrong on this
Mass Shooter At Indiana Mall Killed By Armed “Good Samaritan” Civilian
Local news just reported on this story. Said “police” killed the shooter! What effing liars! A legally armed civilian killing him just doesn’t fit with their agenda!
Effing liars!
https://www.zerohedge.com/political/good-guy-gun-stops-mass-shooting-indiana-mall
Davos Crowd Losing?
The Fed (and the World) Have Declared Independence
Date: July 15, 2022
Author: Tom Luongo
0 Comments
As we aren’t allowed to watch the Dutch farmers revolt against the seizure of their land it condenses so many ideas into one stark non-image. The powers that be, The Davos Crowd, are losing but they will never admit it, nor will they stop trying to win… until they are either dead or run out of money.
2022 was supposed to be the year they sealed the deal, the year where they had everything in place to ‘run the table’ on us. They got Fungal Joe installed in the US, Mario Draghi in place to liquidate Italy, Jens Weidmann out as head of the Bundesbank in Germany with the Greens wielding all of the real political power and they’d maneuvered everyone into a War over Ukraine to bankrupt Russia and by extension isolate China.
This was the plan. It would be supported by supply chain disruptions that would cause inflation uncurable by Central Bank policy while simultaneously driving the world off the energy cliff making basic first-world amenities unaffordable to the lower and middle classes.
This is The World Davos Built. The only problem was that too many people simply said, “You know what? No.” Now it wouldn’t matter to Davos if you and I said this. We’re just ants to be stepped on. They have multiple layers of psy-ops and distractions ready to pit us against each other and marginalize dissent to the point of irrelevance.
cont. https://tomluongo.me/2022/07/15/media-fed-world-have-declared-independence/
D’oh!
Gazprom Reportedly Declares Force Majeure, Will Halt Gas Flows To Germany Indefinitely
Already days before the July 22 European “Doomsday” when the scheduled Russian 10-day maintenance of the crucial Nord Stream pipeline to Germany is slated to end – but which was thrown into deep doubt given Gazprom recently said it can no longer guarantee its “good functioning” due to crucial turbines being previously held up in Canada related to sanctions – the Russian energy giant has declared Force Majeure to one major European customer.
Peachy
Khamenei adviser says Tehran ‘capable of building nuclear bomb’
Tehran is technically capable of making a nuclear bomb but has yet to decide whether to build it, a senior adviser to Iran’s Supreme Leader Ali Khamenei told Al Jazeera’s Arabic service on Sunday.
Tehran will also directly respond against Israel should its security be targeted, the report says citing the advisor.
https://www.jpost.com/middle-east-news/iran-news/article-712327
Franco-Nevada Announces $352.5 Million Financing Package with G Mining Ventures on the Tocantinzinho Gold Project
https://finance.yahoo.com/news/franco-nevada-announces-352-5-101000778.html
Reko Diq Alliance Between Pakistan and Barrick Set to Create Long-Term Value
https://finance.yahoo.com/news/reko-diq-alliance-between-pakistan-113500025.html
Endurance Reports 8.41 GPT Gold over 12.0 m in a New Structure Identified During The 2022 Diamond Drilling at the Reliance Property
https://finance.yahoo.com/news/endurance-reports-8-41-gpt-111500766.html
Thunder Gold Executes Definitive Agreement on Okohongo Property, Namibia and Amends Agreement on Far Lake Property, Ontario
https://ceo.ca/@newsfile/thunder-gold-executes-definitive-agreement-on-okohongo
Benton Amends Far Lake Agreement with Thunder Gold Corp.
https://ceo.ca/@newsfile/benton-amends-far-lake-agreement-with-thunder-gold
CopAur Minerals Commences Bolo Gold-Silver Project 2022 Exploration Program
https://ceo.ca/@newsfile/copaur-minerals-commences-bolo-gold-silver-project
TERRA BALCANICA PROVIDES PROJECT UPDATE AND ANNOUNCES POSITIVE CHANGE TO BOSNIAN EXPLORATION ACT
https://ceo.ca/@globenewswire/terra-balcanica-provides-project-update-and-announces
Loncor Gold Looks to Create a Second Mining District Centred on its High Grade Makapela Gold Resource
https://ceo.ca/@newswire/loncor-gold-looks-to-create-a-second-mining-district
Juggernaut Identifies Extensive IP Anomaly Underlying High Grade Kokomo Discovery on the Midas Property, British Columbia
https://ceo.ca/@globenewswire/juggernaut-identifies-extensive-ip-anomaly-underlying
Orvana Reports 49% quarterly production increase and Promising Drill Intercepts at Ortosa West, in Orovalle, Spain
https://ceo.ca/@newswire/orvana-reports-49-quarterly-production-increase-and-b9bbe
First Mining Announces Plan to Consolidate Multi-Million Ounce Quebec Gold District with Acquisition of Duparquet Gold Project
https://ceo.ca/@newswire/first-mining-announces-plan-to-consolidate-multi-million
Minera Alamos Announces Closing of $4.37 Million Non-Brokered Private Placement
https://ceo.ca/@newsfile/minera-alamos-announces-closing-of-437-million-non-brokered
Americas Gold and Silver Provides Q2-2022 Production Results
https://ceo.ca/@businesswire/americas-gold-and-silver-provides-q2-2022-production
GCM Mining Reports Second Quarter and First Half 2022 Production; Declares August 15, 2022 Monthly Dividend
https://ceo.ca/@globenewswire/gcmmining-reports-second-quarter-and-first-half-2022
Northern Dynasty Comments on Recent S&P Global Report: Urgent Need for Massive New Copper Supply To Come Online in the Near Future if There Is To Be Any Hope of Achieving the Goal of Net-Zero Emissions by 2050
https://ceo.ca/@accesswire/northern-dynasty-comments-on-recent-sp-global-report
AVINO REPORTS STRONG Q2 2022 PRODUCTION RESULTS; HIGHER GRADES DRIVE STRONG OPERATIONAL PERFORMANCE
https://ceo.ca/@newswire/avino-reports-strong-q2-2022-production-results-higher
Bravo Mining Corp. Announces Pricing of Initial Public Offering and Files Final Prospectus
https://ceo.ca/@newswire/bravo-mining-corp-announces-pricing-of-initial-public
Highest grade assays to date from Trundle’s Southern Extension Zone discovery
https://ceo.ca/@newswire/highest-grade-assays-to-date-from-trundles-southern
Cerrado Gold Reports Additional Results from Its Infill Drill Program at the Serra Alta Deposit at Its Monte Do Carmo Project in Brazil
https://ceo.ca/@newsfile/cerrado-gold-reports-additional-results-from-its-infill
Orefinders Announces Results from New Mineralized Zone at McGarry; Announces Details for upcoming Knight Drill Program
https://ceo.ca/@newswire/orefinders-announces-results-from-new-mineralized-zone
Food for thought on people leaving Cuba
I remember the boat people leaving south Vietnam. They used thin gold wafers to get on a boat. My friend Stanley hired two of then to train them how to do precision welding. I got acquainted with them since I was there so often. I asked Vu if missed his homeland he would like to go back. At least to visit. He said no, “If I go back I go to Yale”. Huh? He meant Jail. I learned something that day. He was siding with the enemy. Radicalized?
Same with Afghanistan and Ukraine people leaving I assume because they were siding with the opposition that was that wanted their country back. If you are a gun owner, pms investor, or manufacturer, you learn how the government media distorts the truth and exaggerates things it’s easy to notice.
So far with all these immigrants from Mexico et al why isn’t the govt media telling us how bad things are in Mexico? And all the other third world immigrants countries.
Stanley immigrated here from Poland after the war obviously because things were bad there but media didn’t knock Poland. Obviously they pick and choose which country to bash. Do not trust the Media, and there are dirty unsafe areas in every country. Lately Chicago sounds bad. But they don’t knock the whole state. They call it gun violence. A most amazing phrase to me. I myself am not interested in politics I’m mainly into economics.
Where are the Global Worming nut ?,and the environmental crazys
They all are victims of Russian hatred …Clean GAS and oil are not allowed to be imported from Russia so what happens ?
Germany goes back to burning COAL,Greece back to COAL..China buying COAL wherever they can get it.Scandinavian goes back to burning WOOD…!ALL this because of stupid blockages of Russian energy ! I guess its ok to pollute Germany’s air ditto Greece and CHINA ..thats ok so long as Biden can claim the US blocked those nasty Russians from exporting and begs SAUDI to sell us some oil. While we sell US Strategic reserve oil to CHINA ..? What ! who the hell dreamed up this POLICY ? ALL this and not a WORD from the Global Worming nuts against BIDEN …not a word… The monkeys are running the ZOO and spreading monkey POX among the GAYS to boot.. ! May you live in interesting times sez China ./…
Coal Trains
Warren is no dummy, buying coal on the cheap. And he’s got the coal trains ready to haul it, too. Wyoming’s Powder River basin has a 4 track mainline exclusively for coal.
https://railpictures.net/photo/778223/
Ororeef
Divide by the stock price meaning the HUI?
I don’t know how to get a Renko or even how to put it on there. I have to get my iPad or computer out pretty soon. Times may get interesting. Did you see that video, pretty intense. I don’t agree at this take anyway about the oil as it’s heading down for now first till toward winter at least and he was only guessing on that one. Or the boxes on them in two different time zones as the boxes were placed in two different places one covered the candlestick the other went above it and 500 oil people would just stop working. They both had some good overlays where things occurred more than once through time.
As far as wages needing to go up other than normally, not just because the WH wants to run the printing press and tax without even voting for it, that’s just a tactic to steal from both a business and the workers because they’ll tax their wages and take more than the raise. These demos are corrupt greedy sobs.
Too bad Milton Friedman isn’t still around, he called it a disease. They’re the ones that need to be isolated from the rest of society,
Goldie
if you divide price of GOLD by the stock price ,,or the Dollar for that matter then overlay the chart in a RENKO form its easy to see over bought and oversold of anything….
Back in the sixties
I hired a lot of Cubans ,fresh from CUBA they are a fun loving people that were double crossed by Castro …After a few years we were very successful and the UNION tried to get in our place .I educated the Cubans that the electrical workers that were trying to get in were formerly a Communist Union ..and that was the end of them ….Never heard a peep from them again…
Make out of this what you can.
They didn’t do the dollar/ 20 yr treasury ratio I saw that warning to check it by someone else. Bonds may be ready to go then and everything with it.
But we still have the mad men and the printing press and maybe short term Fed response.
This is more verification
Another good one from Andy looking at the PPI and CPI vs stocks and more. Bullish signs for commodities.
Bidens plan will backfire
Those illegals are leaving communists country s like CUBA ,Venezuela mostly LATINO and they will not vote for communist like Biden ..Hispanic vote is the biggest vote .. They are being advised by US latinos like ex cubans ,ex venezuelas …They will educate the new arrivals even when Biden lies to them and trys to bribe them with free stuff..Why do you think Florida is so Republican ?
Those Cubans are not going to allow Bidens lies to go un answered.
Ororeef 1:06
That’s close, thanks. I noticed the bond shorts are doing a rounding top right now. I wonder if there will be a bear trap coming up too first. Things are so choppy right now.
Ipso ..26
I wonder what the cost is going to be to send them all back except maybe the non criminal Cubans if they can find and want work. There’s millions from what 120 country’s now?
Perhaps we can take money from the demo party with fines for their negligence to pay for it. I suppose there isn’t much chance of trading the demos for some of them.
goldielocks @ 23:56 on July 17, 2022 Renko charts are a good indicator for tops
another 10 % before it tops..
goldielocks @ 23:59
I’m not surprised. There’ll never be enough for Dementia Joe!