This is the new affordable housing market …
These are $100,000 tiny homes, with no garages, being built in a new neighbourhood in San Antonio, Texas 🚨🚨🚨
🔊 pic.twitter.com/7gFmBW5sSA
— Wall Street Silver (@WallStreetSilv) August 17, 2023
Doesn’t bother me. Beats living in your van or in the woods. How big were houses in the 50s … 1200 or 1400 sq ft? Well, this is smaller.
Thought I touched on this
Yields are up because the world and large US banksters are divesting from US Treasuries. The dollar is up because those treasuries must first be converted into dollars before they exit into other assets.
The dollar is crashing, it’s not strengthening, except against other worthless fiat currencies. The Fed will end up raising to defend the dollar at a time when they should be cutting as the economy is falling off a cliff. The SM is now in trouble because earnings will collapse with the economy.
This is a wicked mess. The problem for everyone else is divesting from dollars, moving into oil and other commodities. If the dollar was so strong, oil wouldn’t be above $80 as demand for oil is falling. Watch for other commodities to rise like they did today. Hard assets are the place to be. Except for gold and silver which are manipulated lower to make everything seem OK – but it’s not. When it finally snaps, G & S will experience an explosion higher. Unfortunately, who knows where that will be as algo’s continue to pressure them in connection with the so-called “strong dollar”. It’s all bullshit.
Anyone notice Bitcoin down 10% today? That’s bullshit air too, it will go the way of the tulip market. It is not the future of money.
Our day is coming, and I don’t think it’s that far off. I really don’t.
As always JMHO, and as always, pm shares are the worst investment in market history.
Ipso. Mr Copper
Well whatever it is it’s making me a nervous trader waiting for the dollar to drop any day now so I’m putting myself on the sidelines. Seems like the selling of treasuries would be bullish for gold though, So much I know.
I guess we have this Jackson Hole meeting coming up I wonder if that’s what’s making the market react to.
“What’s driving the dollar up?” How about the big players on futures markets
Like gov’t flunky Goldman Sachs. Or the Fed raising the rates? They can do what ever they want, but have been having trouble doing so.
Inflation Is Not A Problem, If Profits and Wages Go Up Faster
Like 1962 until 1975. It was easy to get raises BECAUSE of inflation. But our anti American gov’t started importing cheaper foreign made products. I remember people were buying houses with 18% mtgs. Businesses could afford to pay higher wages because of no foreign competition.
TPTB are so stupid they simply want the country to run on low taxpayer wages. Many people I knew in the 1970s went to self employment after 1975 so they could make more money. The workers started putting their wives to work.
Even in my area the state gov’t started trying to pass laws that allow homeowners to make extra apartments in their houses, garages or basements to flood the market with apartments to get lower rent prices. But local town boards are not complying. Plus in NYC they are flooded with immigrants and trying to make nearby towns take them in. Also they are not complying.
goldielocks @ 12:31
“What’s driving the dollar up?”
I think some of it is China unloading our bonds and T bills for dollars, creating demand.
Why retail theft is soaring: inflation, the economy – and opportunity
Part:
Target last week said it was bracing to lose half a billion dollars this year because of rising theft. Nordstrom, Whole Foods and some other big chains said they were abandoning San Francisco because of changing economic conditions or employee safety. Many other retailers have blamed crime for closing stores.
Comment: The subject title is totally wrong. In 1975 I was thinking, if taxpayer wages DON’T keep up with inflation, there are going to be poverty problems. Tax absorber wages like Gov’t employees for example, manage to keep up with inflation. But THEY need taxpayer wages to keep up. The people in the gov’t and media simply don’t know why there are so many problems.
Ipso
So what’s driving the dollars up? Borrowing from Peter to pay Paul??  or more going to Ukraine filling a few pockets along the way.
Too much going on on the side lines for awhile besides phyzz but stopped buying that with the premiums. I figure as long as people buy at those premiums they’ll keep selling them for  that. As far as week hands thing I see that as letting someone take your profits or worse in gold stocks. I don’t see it any different than someone running off with your purse or holding your money hostage. I won’t short gold stocks either on the other end but would sure be easy lol
Trying not to be a pessimist
………but part of me thinks that TPTB will purposely raise rates until TSHTF…..
then they can go forward with their new world structure….
goldielocks
Yields are up because the US Treasury is borrowing so much money … and it’s very damaging to the real economy.
Ipso 10:05
Unfrigging believable. Pour moola into treasuries to keep the dinero up I guess.
I never saw anything like this before
Opened this currency sight and said US citizens not allowed. You have to confirm you are not a US citizen.
https://www.dailyfx.com/usd
Round and round she goes where she stops nobody knows
10 Year Treasury Yield Hits 15-Year High
The 10-year yield closed at 4.28% today, the highest since November 14, 2007.
The US Treasury has to sell a crazy about of debt to cover massive government deficits and to rebuild cash in the govt's checking account. Treasury auctions… pic.twitter.com/S2uq65vb1A
— Wall Street Silver (@WallStreetSilv) August 17, 2023
Buygold
“That will weigh on the HUI, and yet another reason T/A is useless.”
If definite answers are expected, you are correct. Â But if you accept the reality that different aspects of ta will hint at different outcomes and you must weigh the likelihoods, ta is helpful. Â Just another tool in the box.
aurum
Buygold
“If we lose reserve currency status, the Great Depression will look like a picnic.”
I believe it! Batten down the hatches!
WTF! Your tax dollars at work
Minneapolis Arts Center Slammed For Encouraging “Family Friendly” Demon-Summoning
An arts and culture center in Minneapolis has received backlash after it promoted an event encouraging families to attend a “ceremony to summon and befriend” a demon of their choosing.
Ipso – yup, they have
one other thing RFK Jr. said, and Trump is saying as well.
If we lose reserve currency status, the Great Depression will look like a picnic.
Screw the great recession, dat’ was nuttin’
That’ll screw the housing market!
Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession
Goldie – you bet, it is definitely worth the watch
He confirms so much of what we know, and he has special insight because of his connections and standing.
These people running the show are just driven and captured by pure evil. They believe themselves to be Gods. He names the evil doers, some of which are dead now, but also guys like Fauci, who is pure evil. He has labs all over the country and world that are trying to make biological agents that are immnune to antibiotics and other cures.
He also explains Russia so well, and how we have completely back stabbed them at every turn. Forcing them into the corner they are now in and turning them toward China, which is the worst possible outcome.
Watch it, very enlightening.
Buygold @ 6:17
Thanks Buygold I haven’t watched the video yet but will have to check it out.
Cheers
Maya @ 23:52
Interesting story. Now we have all these empty shipping containers in the US with nowhere to go, nothing to ship back to China in them. Hey maybe this solves our homeless problem!
Barrick Gold CEO Says This Is The ‘Most Strategic’ Metal Of Them All — And It’s Not Gold
https://finance.yahoo.com/news/barrick-gold-ceo-says-most-165657257.html
First Majestic (AG) Closes Sale of La Parrilla Silver Mine
https://finance.yahoo.com/news/first-majestic-ag-closes-sale-155500201.html
Scorpio Gold Provides Update on Altus Gold Transaction
New Found Intercepts 5.81 g/t Au Over 30M at Keats West
https://finance.yahoo.com/news/found-intercepts-5-81-g-103000217.html
Timberline Announces Non-Brokered Private Placement
https://finance.yahoo.com/news/timberline-announces-non-brokered-private-113000922.html
Archer Exploration Down Hole EM Surveys Yield Strong Conductors at Grasset
https://ceo.ca/@newswire/archer-exploration-down-hole-em-surveys-yield-strong
Decade Resources Announces a $720,000 Increase to the Private Placement Financings for Total Gross Proceeds of $2,970,000
https://ceo.ca/@newsfile/decade-resources-announces-a-720000-increase-to-the
Karora Resources Announces the Appointment of Tony Makuch to the Board of Directors and Derek Humphry as Chief Financial Officer
https://finance.yahoo.com/news/karora-resources-announces-appointment-tony-115800634.html
Plato Gold Reports on Second Quarter Results
https://ceo.ca/@globenewswire/plato-gold-reports-on-second-quarter-results-3f7f7
Drilling Proves Continuity of Hanging Wall Gold Mineralization – 2.64 g/t Au over 25.61 metres including 34.64 g/t gold over 1.75 metres in the Sadowski Vein Network
https://ceo.ca/@globenewswire/drilling-proves-continuity-of-hanging-wall-gold-mineralization
Benton Options Great Burnt Copper-Gold Deposits from Spruce Ridge Resources in Newfoundland
https://ceo.ca/@newsfile/benton-options-great-burnt-copper-gold-deposits-from
Aya Gold & Silver Expands 2023 Exploration Program
https://ceo.ca/@newswire/aya-gold-silver-expands-2023-exploration-program
NevGold Announces High-Grade, Open-Pit, Heap-Leach Gold Mineral Resource Including 1,006,000 ozs Indicated and 275,000 ozs Inferred At Nutmeg Mountain
https://ceo.ca/@globenewswire/nevgold-announces-high-grade-open-pit-heap-leach
Spruce Ridge Resources Ltd. Announces Binding Letter of Intent with Benton Resources Inc. for Option of Newfoundland Property
https://ceo.ca/@globenewswire/spruce-ridge-resources-ltd-announces-binding-letter
Contact Gold Hits 1.90 g/t Oxide Gold Over 25.91 Metres in Step Out Drilling at Green Springs
https://ceo.ca/@thenewswire/contact-gold-hits-190-gt-oxide-gold-over-2591-metres
American Eagle Gold Announces Additional C$2.67 Million Financing
https://ceo.ca/@newsfile/american-eagle-gold-announces-additional-c267-million
Phenom Updates on Field Planning and Preparation for Gold Push
https://ceo.ca/@newsfile/phenom-updates-on-field-planning-and-preparation-for
Prime Mining Reports Second Quarter 2023 Financial and Operating Results
https://ceo.ca/@globenewswire/prime-mining-reports-second-quarter-2023-financial
Silver Range Resources acquires new high-grade gold, silver, and copper project called Shamrock
https://ceo.ca/@thenewswire/silver-range-resources-acquires-new-high-grade-gold
Erdene Resource Development Corp reveals positive Feasibility update on Byan Khundii Project
https://ceo.ca/@thenewswire/erdene-resource-development-corp-reveals-positive-feasibility
Here’s a finger sketch of what I see from the Kitco 10 year chart
The last three years have seen gold (and the other PM’s ) compressed into a narrow range by manipulation . I believe we are about to enter a new era in which the elite globalist overlords will lose control ( and some maybe their heads as in the aftermath of Bastille Day in France ).
$1900 gold breached on Kitco (from close to $1890 overnight)
…now what happens at 10:00 when the limos from the Hamptons reach Wall Street ?
Buygold
Thanks for posting that. I was interested in watching it.
Looks  like the over bought dollar has possibly turned this morning for awhile anyways since it is  in a downtrend.
Been deciding to get my shorts out last couple of days or letting them ride for the next drop.
Gas up, get your shopping done just in case.
gas prices are already ridiculous here and much higher but now two states will be tracked and taxed in their EVs if the people don’t pull out their constitution and rights to privacy,
They  plan to attach a GPS tracker to all EV cars and tax them per mile. Not only tax them but track them where ever they go. Trick and track and tax like a slave for the greater good of climate change. If they don’t fight it and conform it will mean trouble for the other 48.