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Clif High is reporting that 50% of the RSVP’s to Davos
…are not going , abandoning their $ 25K deposit .
If true , something big is going on . Soros has a ‘scheduling conflict, even though his son is on the BOD of WEF.
Light volume in the shares
GOLD was an exception, but most are on below avg. volume.
Doesn’t mean volume can’t increase if we turn down further.
We still hold $1900 and $24 by a whisker.
Buygold @ 15:25
I think the Saudi’s made that decision recently. Maybe they’re more open to the idea now? Anyway, not too good for the buck. If “we” hadn’t abused our position as the main world reserve currency we wouldn’t have all these problems. IMO
Ipso – getting ahead of myself
but for some reason I thought the Saudi’s were already taking some other currencies for oil already. Shows how much I know. I’m getting old….and here I thought I’d seen everything hit gold except a nuke. 🙂
Hard Landing Or Soft Landing Is The Topic Of Discussion
Sometimes I think their unelected self elected Media leadership of the people are jawboning a recession (encouraging one) to tame a possible runaway inflation. There is a shit load of unspent polka chip money out there, and they know it, and if the wrong thing hits the news, and everybody starts pissing away that fake money while it still can buy something, there will be no landing. It would be like the shuttle going straight up then blowing up. But then again, they say after every massive inflation comes a deflation. Huge increase of money supply 1934 onward. The Dollar gaining value would fit with a general reversal of the past, which is what I’ve seen since 9/11/01.
Maddog
LOL my heart bleeds for him!
Re: Reyna … It’s a midget so don’t go crazy!
Mr.Copper
We could sure use Eisenhower now … although he probably wouldn’t last long.
ipso facto
Mny tks for the Reyna tip…..
Re Soros….I’m sure many others are the same in being saddened by his no show at Davos and like them, we all hope it is something really unpleasant.
Seems a little unclear on the concept …
EXCLUSIVE: VP Biden insisted ‘nuclear football’ briefcase used for counterstrikes to protect US remain a MILE behind his motorcade in Wilmington to preserve his image as ‘a regular Joe’
@ipso facto re Without fiat money I don’t think this would have been possible.
Agreed, fake money paid for and bailed out lots of things like GM for example. You name it. The highway system Mt Rushmore, Vietnam and other wars, moon landings, space shuttles etc.
“On January 17, 1961, in this farewell address, President Dwight Eisenhower warned against the establishment of a “military-industrial complex.”
“In a speech of less than 10 minutes, on January 17, 1961, President Dwight Eisenhower delivered his political farewell to the American people on national television from the Oval Office of the White House. Those who expected the military leader and hero of World War II to depart his Presidency with a nostalgic, “old soldier” speech like Gen. Douglas MacArthur’s, were surprised at his strong warnings about the dangers of the “military-industrial complex.”
Ororeef
I’m seeing a lot of resistance here in the 250-265 area going way back.
I’d like to see 220~230 to hold up. At least a quick drop down and then bust up from there.
Can never know what these things will do but it seems silver is having trouble with $24 and until it breaks the shares could have some trouble.
Mr.Copper
Wages for the working man sure haven’t kept up with inflation. The one percent keeps getting more and more of the pie. Without fiat money I don’t think this would have been possible.
Some people just opt out … live in the woods.
Out for a bit.
@ipso facto 10:27 re so they can reduce the world population to serfs
In my area front page they want to index non union min wage with inflation. Seems gov’ts and businesses are finally noticing problems with inadequate serf wages. They are finally saying things I was thinking in the 1970s, that if non union wages don’t keep up with inflation, lock step 7%/anum there will be problems. Social security also not kept up.
Inadequate domestic profits and inadequate wages, provide inadequate tax receipts, hence $32 trillion national debt. Look how many were not paying mtg loans. Look how many empty store fronts. Their increasing “surfs” agenda started after 1970. Now the serfs are hitting them in the face.
For spite, and sarcasm, people should refuse pay raises and ask for pay cuts so they can qualify for Medicaid and all public assistance and be tax exempt and make the national debt bigger until the Fed Note collapses.
Maddog here’s a silver explorco in Nevada. Doesn’t look too bad so far …
Reyna Silver Intercepts High-Grade Silver at Medicine Springs, Including 2.4m of 1021 g/t (31 oz/T) Silver
https://finance.yahoo.com/news/reyna-silver-intercepts-high-grade-100000154.html
I don’t own it.
Buygold @ 7:51 on January 17, 2023
HUIÂ Â Â …I disagree..It dont look like a sell zone to me….maybe for 1 day ?
… and there’s talk of doing away with the copilot!
Excuse me?!
On October 24, 2022, the FAA quietly widened the EKG requirements necessary for pilots to be able to fly.
The PR (a measure of heart function) used to be in the range of .12 to .2. It is now: .12 to .3
Cardiologist Thomas Levy is appalled at this change: https://t.co/KtXNZIB1X8
— Willem Middelkoop (@wmiddelkoop) January 17, 2023
Ghana's new Gold Standard
Gold-for-oil: 40,000 Metric tonnes of fuel under policy deliveredhttps://t.co/qfnc1r43aC
— Willem Middelkoop (@wmiddelkoop) January 17, 2023
Mr.Copper @ 10:15
I think they’re discussing ways to subvert the governments of the whole Earth so they can reduce the world population to serfs and then they can be the LORDS of HUMANITY and get away with anything they want.
There is no benefits coming from Davos unless it’s to the participants.
@ipso facto re George Soros Suddenly Pulling Out of Davos Raises Questions
That fits my views, tptb started losing control of things after 9/11 n 2008. So no sense of him being there. The system is doing what it wants to do and all they can do is fight the symptoms or resist the results of every thing in reverse on them. There is only one solution to improve the global economy and that would require budget and trade surpluses and prosperity in the USA and US consumers. Maybe the above is being discussed in Davos.
