https://thepostmillennial.com/breaking-robert-f-kennedy-registers-to-run-for-president-as-democrat
@goldielocks
I understand how you feel about China. Me too. Things are at there near worst. But first it was Japan after 1970 until 1989. Then most of our work went to China. I think China is at a high place like our 1970, and the USA is at our lows, since 1970, and things are slowly changing to our better. I always had a manual can opener.
Mr Copper
Why does there have to be any inflation to boost the GDP. What products are they going to buy? All they do when they get their hands on something is reverse engineer it the sell you there’s with cheaper material. They even did that to a jet then told them to come get the parts.
Then we have a little problem with greed taxes and regulations and sometimes greedy unions here especially where the Soros of the world are funding the bottom of the gene pool to run city’s and the country for that matter.
Ever bought a manual can opener lately. I finally settled for one made in Japan. A larger version of the mini P38s ration openers. This ones bigger with a hand grip and works great. I’m not buying one more piece of junk from China.
@2_point re “2_point “A decline in value of the dollar is necessary”
I just listened to that video and agree with it. Because I predicted it long ago that the US Economy has to be rebuilt, and a weaker US Dollar is needed for that. Let China have the strong global reserve currency. So they can buy imports from the USA, put us back to work and probably Europe et al also. Let them finance research and development and let the US get the production runs. Its all simply a reversal of the past. Before 9/11 and the 2008 crisis that confirmed my thinking.
Dollar : Managed Decline
Chrystia Freakland and Soros
supposedly from 2009
1 min 39 sec
http s://twitter.com/sophiadahl1/status/1643133330513092608
Soros in 2009‼️‼️
“A decline in value of the dollar is necessary…Ch!na will be the engine driving it forward… a managed decline of the dollar.“‼️☝️🤔🙏👇👇 pic.twitter.com/FI2cm7sxeH— Sophia Dahl (@sophiadahl1) April 4, 2023
deer79
My wife and I were just talking about that. What is the endgame here for us? What will we receive in exchange for our gold? Will gold even be legal to trade? Confiscation?
More questions than answers. I do think that gold will be revalued, maybe even worldwide. If it’s no longer the USD pricing mechanism, what is the mechanism for trade?
No clue what will happen in the future but for today, all is well. 🙂
Buygold
All really good questions, because with each passing day, I sense that the dollar is fading in its relevance….
I concur with Kudlow that there should be a currency backed by hard, tangible assets…
NEM is leading
Love the way the shares are acting. Outside of the RSI’s being above 70 and a little overbought, I’m with Ipso. I don’t see a whole lot that can derail our rally. I suppose rates rising again with a stronger USD can stop us from time to time, but the trend has changed IMHO and it’s strong.
FOX Business had the Bitcoin guru Mike Novograts in for an interview, he was buying Bitcoin AND gold. Said gold has been this level six times and when it breaks it will blow and jump to $2,700 – $3K.
He was the second guest on the show that was buying gold. Unfortunately, Novogratz was buying futures. I wonder if he’s ever had the pleasure of playing the long side at the Crimex before? 🙂 He said he didn’t think the Crimex was going away anytime soon.
What will things be like when the USD loses reserve status? Do they devalue the USD and force everyone on to a CBDC? Will we be receiving Yuan for our pm’s? So many questions.
Kudlow actually said today that he liked a gold backed or commodity based currency. That might be what they need to maintain status. Would mean a massive revaluation of the metals.
Maddog
I know the pms are moving right now but have you looked at the zim chart lately.
This is the second time this happened but not as much as this time. It’s saying it never got over 20. The highs cut in half. Looks like people held till the pay date then sold which they only needed to be in on the EX date but oh well. Can’t say I didn’t warn anyone.
This is more of a like term hold on hope.
I saw the C&H but also the economic climate so may just trade in a new range with some trying to average down if the sold in 25 if bought more at around 17 because most bought are higher amounts or just got out or wait:
Maya
Yea I was there when this horror story was evolving too and working on taking their scare power away from them as they were predictable and doing how to get the medicine while staying under the radar since I care little for being in the lime light, just supportive of those who do or are.
Since I was retiring there wasn’t much they could do to me and would if had fun countering their lies.
I figured they weren’t worth the effort the victims were and why give them any information that would help them while they were pushing the wrong treatment ls and the jab.
But as far as not trusting them I never did. People do have to know their rights though to push back.
In the beginning of the 70s as a student nurse one of my first of many patients was a middle aged banker who’s brain was damaged by going in to get a simple vaccine and wasn’t monitored. Now he was figuring out how to stack children’s blocks sitting in a Geri chair. About a year later I met a Hawaiian child and don’t know how or who or where cuz it’s still out there gave the mother the drug thalidomide and her baby boy had no arms or legs.
The first student after graduating who was as assigned to the baby was a major middle aged Hawaiian from the big Island and they didn’t warn her. She cried for two hours. He was the cutest little guy and happy back then but go w lot of attention.
So they’re worth watching and keeping in check. The snake is a symbol of turning poison into medicine.It can be used fir good or bad like a gun it depends who’s hands it’s in.
The whole world or most of it woke up this time.
But yet you’ll still see people who will say nothing happened to me so therefore its alright. Besides selfish or denial I think they think it’s some kind of natural selection. There is nothing natural about it or gain of function labs.
Last heard their working on a strain of bird flu.
Once the Dollar Loses Reserve Currency Status – There’s NO GOING BACK! 12 minute video that makes lots of sense!
Another old guy, Mike Maloney, trying to wake the world up!
Otavio (Tavi) Costa
Tavi comments: pic.twitter.com/dQkMSNWDyG
— Willem Middelkoop (@wmiddelkoop) April 5, 2023
Elliot Wave comments
‘Melt-Up Phase’ Flash Alert from our Elliot Wave guru Avi Gilburt:
⁰WOW . . metals are trying to head directly higher in a heart of a 3rd wave without one more pullback. There is still some potential we get that pullback as long as we are contained by the pivot. Through the…— Willem Middelkoop (@wmiddelkoop) April 5, 2023
Hard to think of the development which would cause gold to turn down.
Overbought situation may get corrected in the short term but then we continue. JMO
Chicago … digging deeper … a tragedy in many acts
To reduce Chicago’s nation-high homicide rate, Chicago needed a new mayor willing to take on Cook County State’s Attorney Kim Foxx’s unwillingness to prosecute dangerous criminals. A mayor willing to challenge Judge Tim Evans’ decarcerationist agenda. A mayor willing to jam shut the system’s revolving door for criminals.
Mayor-elect Brandon Johnson won’t do any of that. Instead, look for him to embrace the policies of Foxx and Evans. In his own words, he’s for defunding the police and defends looting as “an outbreak of incredible frustration and anguish” tied to “a failed racist system.”
Strength out of the gates
I don’t think I’ve ever said that.
Can the scum engineer a reversal? No doubt they’ll try…
Shares outperforming in the premarket
so much WINNING!
It’s hard to take, but we will persevere. 🙂
ISM Services in 30 minutes
NOVAGOLD Reports First Quarter 2023 Financial Results
https://finance.yahoo.com/news/novagold-reports-first-quarter-2023-210500720.html
CMC Metals Ltd. Awards Archaeology Overview Assessment for the Silverknife-Amy Area to H3M Environmental
https://finance.yahoo.com/news/cmc-metals-ltd-awards-archaeology-143500942.html
Gold Terra Partnering with Midas Minerals Limited Solely on the Rights for Lithium and Rare Earth Minerals Covering 544.7 Square Kilometres of Its Yellowknife Property, Northwest Territories, Canada
https://finance.yahoo.com/news/gold-terra-partnering-midas-minerals-230000888.html
Victoria Gold: Eagle Gold Mine Q1 2023 Operational Highlights
https://finance.yahoo.com/news/victoria-gold-eagle-gold-mine-100000491.html
Endurance Receives Amended Drill Permit for the Reliance Gold Project in B.C.
https://finance.yahoo.com/news/endurance-receives-amended-drill-permit-111000049.html
Skeena Retains 100% Ownership of the Snip Gold Project
https://finance.yahoo.com/news/skeena-retains-100-ownership-snip-113000232.html
Cabral Commences Pre-Feasibility Study on Trial Mining of Near- Surface Gold-in-Oxide Material at Cuiú Cuiú Gold Project, Brazil
https://finance.yahoo.com/news/cabral-commences-pre-feasibility-study-113000113.html
Summa Silver Prepares Spring Drill Program at the Hughes High-Grade Silver Project, Nevada
https://finance.yahoo.com/news/summa-silver-prepares-spring-drill-113500372.html
Eldorado Gold Closes €680 million Project Financing Facility for the Development of Skouries
https://ceo.ca/@globenewswire/eldorado-gold-closes-680-million-project-financing
Tower Resources Encounters Higher Au Grades in Hole 041 on the Thunder Zone 200 m Along Strike from Hole 039 at Rabbit North, with Two Closely Spaced Intercepts of 3.28 g/t Au over 13.25 m and 2.16 g/t Au over 10.12 m, and Intersects a New, Near-Surface Zone of Porphyry Cu-Au-Mo Mineralization
https://ceo.ca/@newsfile/tower-resources-encounters-higher-au-grades-in-hole
Palamina Receives Approval to Drill in the Cayos and Sol De Oro Zones at the Usicayos Gold Project in Peru
https://ceo.ca/@newsfile/palamina-receives-approval-to-drill-in-the-cayos-and
Goldshore Resources Announces Upsized $6 Million Private Placement
https://ceo.ca/@newsfile/goldshore-resources-announces-upsized-6-million-private
Highlander Silver Extends Exploration Periods of the Alta Victoria and Politunche Option Agreements
https://ceo.ca/@thenewswire/highlander-silver-extends-exploration-periods-of-the
Apogee Minerals Acquires Strategic Mineral Claim at Pine Channel Gold Project, Saskatchewan
https://ceo.ca/@globenewswire/apogee-minerals-acquires-strategic-mineral-claim-at
Ridgeline Minerals Announces Non-Brokered Private Placement
https://ceo.ca/@newsfile/ridgeline-minerals-announces-non-brokered-private-placement
Soma Gold produces 6,796 ounces of gold at El Bagre mine in Q1 2023
https://ceo.ca/@thenewswire/soma-gold-produces-6796-ounces-of-gold-at-el-bagre
Silver Hammer Files NI 43-101 Technical Report for the Silver Strand Project in Coeur d’Alene Mining District of Idaho and Announces Voting Results from 2023 Annual General Meeting
https://ceo.ca/@newsfile/silver-hammer-files-ni-43-101-technical-report-for
TomaGold intersects 27.75 m at 0.84 g/t Au on Obalski and increases grade of reanalyzed gold samples to up to 38%
https://ceo.ca/@globenewswire/tomagold-intersects-2775-m-at-084-gt-au-on-obalski
Brixton Metals Provides Update on the Hog Heaven Joint Venture
https://ceo.ca/@globenewswire/brixton-metals-provides-update-on-the-hog-heaven-joint
Renforth Intersects Visible Net Textured Sulphides at Surimeau
https://ceo.ca/@thenewswire/renforth-intersects-visible-net-textured-sulphides
Eagle Plains Acquires Strategic Disposition at Pine Channel Gold Project, Saskatchewan
https://ceo.ca/@accesswire/eagle-plains-acquires-strategic-disposition-at-pine
Outcrop Silver Reports Exceptional Metallurgical Results – Confirming Recoveries of 93.4% Silver and 96.7% Gold
https://ceo.ca/@newswire/outcrop-silver-reports-exceptional-metallurgical-results
Osisko Windfall Infill and Expansion Drilling Continues to Intersect High-Grade in Lynx
https://ceo.ca/@globenewswire/osisko-windfall-infill-and-expansion-drilling-continues-b7ade
White Gold Corp. Further Outlines Two Large Copper-Molybdenum Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit
https://ceo.ca/@globenewswire/white-gold-corp-further-outlines-two-large-copper-molybdenum
Orezone Reports Strong Q1-2023 Gold Production at Its Bomboré Gold Mine
https://ceo.ca/@globenewswire/orezone-reports-strong-q1-2023-gold-production-at-its
FAVOURABLE METALLURGICAL RESULTS FROM AVINO’S OXIDE TAILINGS PROJECT
https://ceo.ca/@newswire/favourable-metallurgical-results-from-avinos-oxide
Contact Gold Announces 2023 Exploration Program for the Green Springs Project
https://ceo.ca/@thenewswire/contact-gold-announces-2023-exploration-program-for
Trilogy Metals Reports First Quarter Fiscal 2023 Financial Results
https://ceo.ca/@newswire/trilogy-metals-reports-first-quarter-fiscal-2023-financial
Exploits Intercepts Near-Surface Visible Gold Averaging 12.55 g/t Au over 3.5 m at Bullseye
https://ceo.ca/@newsfile/exploits-intercepts-near-surface-visible-gold-averaging
Contact Gold Reports 2022 Financial and Operating Results and Provides Corporate Update
https://ceo.ca/@thenewswire/contact-gold-reports-2022-financial-and-operating-results
Denarius Metals Closes CA$7.4 Million Private Placement; Provides Update on Exploration Projects in Spain Including Approvals Related to Permits at Its Flagship Lomero Project
https://ceo.ca/@globenewswire/denarius-metals-closes-ca74-million-private-placement
West African increases unhedged reserves to 6.4m ounces gold
Gold pushing $2,030 spot, $2,050 futures
The culprit for today’s strength is this report:
“…one of several signals that the economy is slowing. Employers are pulling back from a year of strong hiring and pay growth…”
Talking Heads
Watching FOX Business, gold was mentioned by Maria Bartiromo and how well it’s doing. Course the guy on her panel trashed it. He’s a younger guy and can’t be blamed for feeling like a “horrible investment” as he said.
This is the first mention of gold in the media that I’ve heard. They did have a guest on a few days ago that said everyone should have at least 10% of their portfolio in gold but that’s it. If investors actually followed his 10% guidelines, gold would be $100K.
Seems to me if the smartest guys in the room aren’t talking about gold, maybe they’re accumulating it.
Coffee Time ……… ATH’s CDN ……… Pinch me !!
Coming to a country near you
We might consolidate here, stocks need to catch the wave, I mean seriously I own some NEM …….
Motorcycle Parts have been better
Onward Pilgrims
Winedoc
0500 The morning after
Catching a few bucks to the upside in gold. Silver is the weak sister down $.19. USD is up a tad, rates as well – up 2.5 bips. SM futures are down a little. Oil is down a few pennies. Soft commodities are mixed, with lumber up 1.73%. Bitcoin up $300. Not too much to report, looks like we’re headed towards a relatively muted session unless something changes.
Among the eco data today, the ADP Employment Report and ISM Services stand out among the reports.
I’d be stunned if we extended this rally today. Pretty damn grateful for what we’ve done already.
goldielocks @ 23:09
“Pharmas can’t legally plant drugs or mRNA into foods or anything without knowledge and consent.”
Yeah, but when has ‘legality’ ever stopped BIG MONEY? How many people were ‘psycho-bullied’ into taking the clot shot without full ‘informed consent’ ?
I can see the TV ads now… “A carrot a day keeps the Covid away!”
God help us… because the Guvt. damn sure will not.
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