Like any other tool on there can’t be turned into a weapon. Okay boys and girls, your not responsible enough to have a knife but here’s a pocket full of screwdrivers.
Worlds going mad.
Assassin attempt may have been because he cut aid to Ukraine.
Ipso 16:32
I’ve given up hope for those people in EU countries who put up with these decrepit people enacting a genocide on them by migration. It’s like all the once patriots and brave either left or got killed or too old now and left behind the sheeple people and self haters who surrender to any big mouth that pops up looking to make it a peasant surf nation as well as interbreed them that will eventually overthrow them too. No more great minds coming out of germany they once bragged about.
At least the Palestinians fought back and under greater threat than them but will eventually get to that as they strip them of their rights and dehumanize them little by little. They probably screwed up to and afraid of their own people so testing what they can get away with while planning to hide behind mass migration.
Buygold @ 13:01
Yes, a weekly close over $30 might cause some of the naked shorts (think banks, western governments, etc.) to re-think their positions – especially if it opens a few dollars higher Monday morning.
Hard to say though. They are on a suicide mission – whether they realize it or not.
Chuckle
Adolph would be proud. Klaus certainly is.
ALERT:
EU Wants To Criminalize Migration Speech.
"Criticism of migration will become a criminal offence"
"And media outlets that give room to criticism of migration can be SHUT DOWN"
🚨🚨🚨 pic.twitter.com/VmR4lw55nY
— Wall Street Silver (@WallStreetSilv) May 15, 2024
Market off to the races
Thinking inflation in heading down and betting on Fed lowering interest rates.
Mr. Copper
” Your statement means everybody has to come down to a lower level”
Only those who work for the gov. or live off of it, of which there are entirely too many! Everyone else would benefit.
Also in the 50s and 60s “the golden age” no could expect to afford a house from minimum wage at that time, so to say that people should receive a minimum wage that affords them a house now is wrong.
You should be able to afford to live though and these days that’s debatable!
Cost Of Living Story
My friend John was constantly complaining about the cops making too much money. In my county $200,000 and higher is common. So, I told him. You want them to come down? Thats middle class pay today. They are getting what they need. He finally agreed, everybody should make more money like the cops.
$200,000 today divided by 20 is $10,000, the old middle class pay before 1975. The old $2500 new car (with a 3 year loan) times 20 is $50,000 today. But the lower salaries require a 6 year loan, or a leased car. The old .15 cent slice of pizza? Times 20 in $3 a slice today. The old $2.hr min wages times 20 should be $40/hr today
@ipso facto
Re your :
“I’m sure if a good portion of the gov were cut away and it’s budget cut severely then that would help immensely with the cost of living problems!”
Comment: That would lower taxes and gov’t services. Your statement means everybody has to come down to a lower level. I think the opposite. We have to be more profitable, so we can pay more taxes (businesses and employees) and get more services. Like better roads etc.
But with funny money involved, wages have to go up like taxes, gasoline and food etc. Lets face it. Businesses have to pay what the rent costs, the utilities, interest rates etc etc. But to this date, they still DON’T have to pay a livable wage, so they don’t, unless its a strong union.
From 1800 to 1913, even a little later, there was no inflation under a gold standard. No raises needed.
Sound familiar?
Does Inflation Lead To Civilizational Collapse? A Look At Rome
https://www.zerohedge.com/economics/does-inflation-lead-civilizational-collapse-look-rome
Buygold
DXY is right pon the 200n day Av ..104.32 !!!!!!
and a little extended…so may not go through today……but whoever is buying Gold is buying even more….they took all that CPI selling and just said anymore….’cus we got loads more to buy …..
Mr.Copper @ 11:14
Why just set a minimum wage of $72? Why don’t we just pay everyone $500 and then we’ll all be rich!
I’m sure if a good portion of the gov were cut away and it’s budget cut severely then that would help immensely with the cost of living problems!
Cheers
PS Have you seen a map of all the military bases we have scattered all over the world!
Wow, left for couple hours
nice comeback.
The charts are actually working in the metals. Even the shares are up, albeit reluctantly.
Captain – at least we’re reacting to a lower dollar the way we should be. Silver is above the closing high of a month ago, looking to eclipse $30? They still seem to have a good enough grip on gold to dole out the 1% gains.
Will be interesting to see if the dollar gets saved by its’ 50 dma again, not too far above it now.
Almost as if the HUI is tracking the QQQ’s.
Bitcoin up 5+%. I can’t wait for that ridiculousness comes to an end.
Mr Copper
There’s also quite a few women road warriors out there now. Some rents or mortgage to high, some abusive or jerks as spouses or boyfriends or both so they left just took off. They’re not for the most part LGBT as some narrow minded think they have to be but just independent. Even my son in laws mother who’s back in California a widow who had a jerk boyfriend in Calif up and left to Florida visiting she wants to sell her house in Florida as well as her sister and another friend and her husband by RVs or something and just travel. I said maybe rent the houses out cuz I did it a long time ago and okay at first but it can get boring if there’s not much to do after awhile but nope they want to sell and she wants to go back to Calif. eventually. She likes Florida but likes California better but her kids are here. People are going to or already have got tired of the burden of keeping up with the Joneses, know that’s not living life and all the BS from these freeloader politicians. It just may backfire on them. They claim they’re not socialist because they don’t take the tax money and give it back to the people they give it to other people in other countries and to themselves instead of the other countries using their own tax dollars so they can use their tax dollars give to their people.
Mr Copper
Right, war or deaths be of spouses or fathers even though more difficult made women realize they don’t need men to survive. If they need or want something they can get it themselves thus woman’s lib. Then poverty areas promoted it with housing projects. Actually right now they were the lucky ones when covid hit. If they had a job and got laid off or closed down their rents based on income went to zero while everyone else didn’t get those breaks. Then with Bidenomocs between inflation and rents have doubled they’re still the lucky ones because they don’t have to work two or three jobs to pay all the bills. During Trump they wanted to start moving out of them with low inflation, jobs, tax cuts but when Biden got in all that changed.
Mr Copper 11:14
Notice a long with declining wages came the declining number of children. However in war zones despite poverty it causes the opposite to happen. Ie The babyboomers and everywhere else.
The Scum Are Failing, They Can’t Win
For example Gold went up in the early morning hours to $2380 at 5am. Then they bash it down to $2363 by 8:30 am. Then at 8:50am 20 minutes later its back up to $2381. Then by 10 am they bash it down to $2358. And now its 11:36 am and its all the way up to $2391. They can’t win anymore, because they already lost it.
Maddog 9:00
It’s making people seek medical help for symptoms and wanting to know what it is but if it’s a form of pertussis then infants and toddlers need to be protected. No fever seems to be presented either. Whooping cough bug isnt that serious unless respiratory problems in adults and teens but quite serious in infants and toddlers and if they get immediate medical treatment should be okay but if not could suffer like suffocating and die. One thing I noticed is that the two people I know who got it were both vaccinated for COVID. My stepdaughters mother made her take it because of school and my friend took it but won’t take anymore.My natural grandkids didn’t take it, one graduating didn’t get it, one went in independent study didn’t get it and the last was under 12 so didn’t have to take it but wouldn’t of anyways. No one else around them didn’t get it. I don’t know if that’s a coincidence or not. You said you were unvaxxed but suspectable. I wonder if most these people were vaxxed.
That Gates is so annoying and doesn’t know what he’s talking about. He doesn’t even recognize that the Covid Vax was a disaster and in total denial. He’s either Looney toons or another compulsive liar. As far as fast tracking this jerk doesn’t have emergency use any more and no one in their right mind wants anymore of their Rna vaccines. They might have a small minority of cult followers. There is some apparent use for them in other conditions like targeting the RNA of a illness to stop the reproduction.
@ipso facto re your $2894 Mortgage Wow!
And the part:
“The median mortgage payment in the United States hit a new record high of $2,894 per month, for May 2024 ”
The above means to me, that the minimum wage needs to be $2894 per week’s pay, or $72.35/hour. Or $150,488 per year. That way, young people can move out of their parents’ home, get a job, a new car, get married, buy a house, have kids, and his wife stays home.
My grandfather, unskilled labor, had 8 kids and his wife didn’t work. My father had 5 kids and wife not working. I had two kids and wife not working, so you can see the obvious three generation of decline in wages.
Thanks to gradually importing more than we export since WW II. All the wives started working long ago. So what now?? All the guys need two wives? Or three wives? LOL
Think about how much money you need today to have 8 kids and wife at home. $200,000 a year? That low middle class today. Thats what my grandfather was earning, at about .30 cents an hour?
Maddog @ 11:06
You are … your tax dollars at work.
Chuckle
In a normal world someone …like loads
would be asking…..who does all this counter mkt trading and why…because they are losing their backsides….so who is eating these losses…….
Oh yes and yet again we see there is only one seller…..the US taxpayer….who was never asked ……..Old Sparky needs a service …as he’s gonna get busy.
Buygold @ 9:48
Give it a few days.
They were ready for the CPI today, which was baked just right to justify higher stocks, bonds, and bitcoin – the status quo trade.
PMs are not a part of this trade obviously, and more, the prop desks are definitely not propping gold, silver, or oil – I can assure you.
Just like the employment report numbers or a Fed meeting.
It doesn’t last however, and a week later the markets find a way to get where they are going.
Give it a week.
Nem goes positive….maybe the shorts are covering their o/n shorts …..
Nem was weak ystdy as scum gummie sharks rode the short side…..looks like they didn’t make much.
Sell buttons on blast
Right out of the gate
No soup for you!