Loading ...SM decided to fill the gap. That would of been a good little short play and go from there.
Another amazing comeback for the SM
Funny how we didn’t comeback with it. Gains for the week all wiped out today. Ridiculousness is the norm in the U.S.
What a country.
Hoping the Chinese show up Sunday too, they’re all we got.
The sky is falling …
… sell your gold and silver … haven’t you heard … the dollar is up today … no it’s actually down … yes but the sky is falling … deflation is coming.
But the Dow is up 424 points (oops 500 points) … yes but the sky is falling … don’t argue.
I sincerely hope Chinese traders have something in store for these bad actors Sunday night.
Good weekend all
aufever
LOL Too late now!
ipso – need to change my answer
I need to change my answer in the gold/silver ratio poll.
JK
Looks like everything is holding up …
… good to me.
They are doing their damdest to tip the complex over going into the closes … but so far this is just more fun and games for the boys … evidenced with the Dow up.
They definitely want to get the silver spec longs to puke their positions as usual … only thing is times are a changing and they are now on the losing side because they no longer have the gold and silver.
And it’s true … Yellen is fenced in now … she has to sell more bonds than bills with all the refinancings coming up … but hey … that just means Jerome will have to pick up the slack.
And that’s accelerating currency debasement girls and boys … accelerating currency debasement going into the most uncertain time in the history of America this fall.
So, pardon me if I don’t get too excited about a little bull market like volatility.
The glass is more than half full and they are running on empty.
Chuckle
QQQ’s are in trouble
Apparently I guess that means we are too.
Dollar still down.
Looks all the same to me today.
We have good monthly closes …
… girls and boys.
Silver is pushing $32 and gold is holding a high-level consolidation as well.
Chin Lin is no dummy and is aware of the demand for physical coming out of China.
$50 Silver Target, 500mn Ounce Deficit – Watch This Trend! | Chen Lin – YouTube
He is very bullish (and so am I) and maybe his $50 call for silver over the next month is not so crazy.
Slowly – then all at ounce.
A few of the boys in New Jerk are going to lose their houses.
Chuckle
ipso facto
Re Biden Phot…….I don’t feel very well…….
Once seen never forgotten !!!!!
Says it all
They arrested, tried and convicted Trum on 34 counts, before they arrested a single person in Epsteins diaries.
Selling us out of the gates
Not sure what all the hoopla was anyway about the eco data – everything was pretty much just in-line.
The dollar still hasn’t come back though, but from the looks of pm’s it probably will stave off the 200 dma.
Maybe a good time to go back to bed.
A matter of trust
‘Reserve Bank of #India (RBI) shifts 100 tonnes of gold from UK to its vaults, first time since 1991.’
Maddog @ 9:29
Are the leadership in the west trying to destroy mankind? It certainly looks like it … increment by increment.
Unbelievable!
Ipsofacto
Re Danes
I seem to remember that Putin/Russians said those F16’s are considered Nuke weapons, as they can carry Nukes….and that Russians response would be reciprocal…..
They really are boxing Putin in…soon he will have to respond ….unless he is happy with his military progress, in the Ukraine…..hopefully that is enough….
Maddog 7:53
If the GOP was any good and had a spine they’d be investigating this scumbag Judge, his daughter and that ding bat Governor.
Apparently no idiocy is too much
Biden’s top aides are now calling to “dethrone” the dollar. If they do, it will plunge us back to double-digit inflation that could last for years.
More of Biden’s economic sabotage
Despite Warnings, Biden Admin Finalizes Rule That Could Cripple Many Offshore Oil Companies
In June 2023, the Bureau of Ocean Energy Management proposed a rule that would require stricter financial assurance standards for oil companies operating in the Outer Continental Shelf. This costly rule became final on April 15, 2024, but in the 10 months since its initial proposal, BOEM did nothing to alleviate concerns for smaller companies that comprise of 76 percent of oil and gas operators in the Gulf. As a result, many of these companies could be forced out of business by extreme and unnecessary costs from this rule. The situation threatens an estimated 36,000 jobs, more than $570 million in federal government royalties, and $9.9 billion from our GDP.
There we go
Silver just cut loose. So did the dollar.
Crush those shorts.
JMO … EV’s are just expensive toys …
Chinese Battery Makers Back Out Of Germany Amidst Cooling EV Demand
https://www.zerohedge.com/markets/chinese-battery-makers-back-out-germany-amidst-cooling-ev-demand
Bids on the dollar proxy UUP are dropping
as rates slip a little more. The 50 dma on UUP is $28.62. It’s got a bid/ask of 28.60-28.63 at the moment. Gold starting to get some traction.
Maybe the HUI knew what it was doing yesterday.