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The busiest ‘single track’ rail segment in the country,
Carrying over 1,000 trains a month,
The Tehachapi Pass connects the Central Valley with
The transcontinental mainline in the south. Many tunnels
Along the line cannot be expanded to double track, so passing sidings
Are used where ever there is room to bring trains through.
https://railpictures.net/photo/839564/
https://www.youtube.com/@TehachapiLiveTrainCam/streams
Thanks for that. The news there is better than the filtered news we’re getting here.
Pentagon confirms US military has begun intercepting inbound Iranian drones…
Including financial, I think a lot of these countries are holding back despite the parasitic communist Demorats in their feckless way trying to rig the elections while one DA blob bragging how she’s spending tax payer money on herself and toy boys no less like shes drama queen for a day trying to get Trump off the ballot, these countries will hold back until the election. If Trump isn’t elected they’ll be nothing holding them back or the borders.
Probably speaking to the choir but with trouble in the mid east with multi nations involved as well as Brics do you think they didn’t notice what the Demorats did to Russia and the swift program or confiscating personal property on non military citizens and and think oh that’s okay not think its communist worse than them or could happen to them? Not to mention what these rogues have planned for their own citizens.
Thanks to the unconstitutional communist plot of 1913 to contrive a rogue government by means of Federal reserve and Fed income tax upon the people, not only to expand government and use our money for their own interest politically and financially but ability to bribe it with lobbyists all arrogantly bypassing the citizens. Why does there have to be inflation at all. They want to 2% and why? What about the debt they don’t include because it didn’t stop with the Fed tax they started up the printing press.
The dollar now seems to only rise when the economy is perceived in distress as in deflation.
So it could make sense that both the dollar and gold could go up which actually means the economies future is seen in worse shape down the road than when they’re competing with each other.
These rogue idiots want to weaponize the dollar taking more confidence away from investing in their bonds. They don’t need bonds anymore to start wars. So hey why would a rogue government worry about .bonds when they can just sack the city, be bribed with lobbyists including foreign adversaries or pharma manufacturers and donors, get bonds from other countries and expand government, hire a bunch of IRS workers with our money and print. Why would China or anywhere else be tied down with IOUs bonds from a bunch of rogues.
The Dollar Index gained 1.6% this week, almost all of the gain following Wednesday morning’s disappointing CPI report. The dollar ended the week at a five-month high. Bloomberg: “Dollar Caps Best Run in 18 Months on Fed Rethink, Haven Bid.” The yen dropped another 1.1% to a new 34-year low.
Beijing has been forced into a hard currency peg to avoid the slightest indication of losing control. The certainty afforded by pegs is accommodative to speculative flows and levered speculation. But pegs under pressure demand tough decisions. The hope is always that some moral suasion (intervention threats) and financial resources (international reserves) buy time for a return to relative stability. It’s a gamble where the stakes compound over time.
Forces can materialize that thwart any return to stability – such as U.S. inflationary pressures, a Fed forced into “higher for longer,” spacious interest-rate differentials, and a dollar melt-up.
I can add that my broker manipulates the reported value of my IRA and my individual accounts which both hold a considerable number of shares of an OTC mining stock by using a lowball bid evaluation rather than the EOD actual price .
https://www.goldforumeurope.com/keynote/102/?utm_source=substack&utm_medium=email
i.e. buy mines , get out of debt-based currencies .
That was an interesting article from Kitco with the Jeffries guy Wood. He makes some good points, in particular about the shares and that they haven’t really responded to the move up in the metals and are really undervalued.
What is interesting is that he did not understand the timing of this rally. He could not see the catalyst and why now as opposed to the past several years when the G7 has been printing and spending like drunken sailors. He said that there still are outflows in GLD. He says there’s not been any money coming in from the west during this rally.
Someone big is buying though, for some reason, probably knowing that QT is or has ended, and rates will be cut. Someone big knows something. It’s hard to believe it would just be a whale coming in to challenge the Crimex and the big banks – especially after what we saw yesterday. They must have thrown billions in contracts and sold millions of shares in the ETF’s to get that started. The volume in GLD and SLV was massive.
Charts will say we go lower for a bit, but I wonder how bold the shorts will be. There was some short covering in the shares toward the close yesterday. We’ll see.