Will Dementia Joe be the Democrat's candidate for President?
Total Voters: 27
Loading ...I didn’t have a balance on this card but got a multi page message of important notice to all of lower interests rate card holders that they will be increasing the interest rate amounts.
Another reason to get out of credit card debt. They could turn around and change the interest rate charges. I have no balance but said those who have a balance or not will be charged a higher rate.
Other than the miners and production gold doesn’t appear to have much use to the economy. It reacts to the economy vs their currency but also war. Now F-16s are on their way to Ukraine???
Maybe these loonie tunes want a excuse to stop the election.
I know people from Ukraine and Russia. They were always very nice and appeared to get a long with each other fine here anyways.
They’ve done my taxes every year for years and years except on year during Covid which I should of went there because I heard after wards they got hit pretty hard with it.
They always under charge me for tax filing and got so ridiculously low I tried to give them more money put cash on the table as a 40 to 20 dollar charge really too low but he pushed it back said he didn’t need it it’s okay. He was more interested in me being a nurse and medicine.
That one is the one who told me about the lumbar that someone bought up back when I mentioned to you.
They are tough robust and survivors. I don’t know if it was the language barrier but they were in the dark about the plandemic and the clot shot. I was alarmed and gave him as much information as I could and wasn’t enough as far as I’m concerned to protect themselves it over whelmed them like okay we believe you lol They especially him due to his tax knowledge is in high demand to both Russians and Ukrainians so only so much time. They didn’t know much about the Fentanyl crossing the borders and to tell their kids not to take any pill from anyone and why as the cartel is making fake pills that look like one thing it’s not but it’s filled with fentanyl.
In turn I couldn’t ask them about the current events because I have this feeling they feel they have to be careful what they say and don’t want to stir up any trouble under the circumstances as they are both Russians and Ukrainians and living here and probably wouldn’t get a honest answer anyways. Where another one I know in Southern Cal is or was all for Ukraine but does realize not all the Russians are the their enemies and vise versa with Russians.
So yep the way things are there will be so much grief to hurt so many innocent people. All I can say if you can survive remember it’s not your fault don’t feel guilty and do it, survive.
Gold acts something like a canary in a coal mine. When it’s up there’s trouble. So the government may be callous enough to want to hold the price down at the expense of the people who may need it. So I wouldn’t be surprised at all if it gets bad emough their buildings and banks start to burn.
Your post makes it sound like you object to the neocons risking world annihilation for some pointless war? Doncha know … there’s money to be made!
I’m sorry, who expects the Fed to cut rates a few times before the end of the year? I missed that.
I wonder what sparked such a solid rally in the SM today? Almost looked like a rate cut rally and would make sense as to how the metals reacted.
Surprisingly though, the pm shares held up today after all. So, either the metals are going to turn up the next couple of days, or the shares are going to come back down. Hopefully the metals turn up now that Powell is done yapping.
F-16 Fighter Jets Now On Their Way To Ukraine, White House Says
https://www.zerohedge.com/geopolitical/f-16-fighter-jets-are-their-way-ukraine-white-house-says
This screams of being a provocation, to start WW III and cancel the election.
drb2 – it’s a shame that this is one of the only things I’ve learned about the pm sector, and it’s also a shame that we’ve had to endure such blatant, gov’t. and Fed sanctioned lawlessness and corruption. It has taken a huge toll on my life and psyche. Gold will be out of their control at some point, but I’m afraid when that time comes there won’t be the kind of reward we’ve been hoping for as the economic hardship on everyone will be so great.
I’m sitting here watching the same game played out that plays out 95% of the days that the markets are open. Start higher, then give up whatever ground has been gained throughout the day. Hopelessness is what it is. Always looking for something to hold onto as a sign things are going to change, and they haven’t for the last 13 years.
I’d like to think the shares are giving us a clue today, but now that they’ve taken silver down and the air out of gold, it’s likely the shares will end up with minimal gains on the day.
goldie – they’ll probably cut, but it’s meaningless. If they do actually cut, they will just double their efforts attacking gold and silver.
The most frustrating thing is watching the SM build on its gains today, while pm’s go back into the crapper. Same old.
Totally agree with your spot-on analysis.
The rigged algorithms insure that the game continues and ensures that the rich keep getting richer.
Correction, that the Fed would cutting interest rates. He now expects a few cuts by the end of the year but expected them sooner too.
I also think the numbers for the PM prices D Hunter came up with that others then followed short term was under the assumption the fed would be raising interest rates. Correction lowered.
That’s crazy!
I second that, well said. Maddog should keep that post on the side notes as what we dealt with through time.
I think they’re waiting maybe even coordinating what the Feds decision will be to cut interest rates or not at the end of the month. If they do it’s likely PMs will jump. If they don’t, then more of the same or could go the other way and will be waiting till a September decision next. Perhaps a cautious accumulation ahead as it gets closer to the end of the year.
Perhaps it’s not about keeping PMs down when they have wall street money and banks to do that for them or the economy they’re worried about as much as keeping the stock market up pre elections and the banks solvent they’re more worried about.
Inflation isn’t just about housing and loans anyways and their inflation numbers don’t reflect the true all around economic impact either.
It’s hard to say if they will even cut rates for fear of sparking more inflation before the elections too, depending on what’s going on.
The demos were causing even more dollar devaluation by spending as much as they could as fast or faster than the Fed could raise rates to counter it.
In the long run we will be in the right place by default lol because we have foreseen they already set the seeds to destroy the economy no matter who gets elected but we certainly don’t want more of the same from them pouring gas on the fire.
Le grand escape! Panicking French elite bombard wealth managers with enquiries about moving to Italy and Switzerland amid growing fury over victorious hard-left’s plans for 90% tax on rich and huge spending increases
Well said!! thank you – your post made my day.
After suffering in the PM markets for more years than I care to remember, your description was perfect.
I believe that is exactly what is happening and would love to see this message go viral throughout the PM universe.
Exposure might be what it takes to break their Fiat grip on this sector.
The large caps – NEM, AEM and WPM are impressive so far. I haven’t checked volume but it could actually be institutional, they would definitely buy the large caps.
The shares have been missing in action for over a decade. When they go, we’ve got game.
edit: Volume is average in NEM and WPM so far. AEM tracking well above average.
They are taking advantage of any weakness in silver though. The usual BS
Yeah, I don’t know what the signal is that they’ll start selling, but no doubt they just constantly come in with contract dumps when they see any pause or slow down in the buying. They seem to sort of do the same thing in the shares except there they just start selling anywhere from 10 to 100 shares at a time to keep the pressure on until the buying finally exhausts itself.
There’s no magic to it, they have unlimited funds and access to data. They don’t worry about profits, it’s just mission oriented selling to keep prices down. They don’t worry about regulation, because they are sanctioned by the Fed.
They know full well what those charts look like and just use brute force to correct them.
The court cases brought against the banks are just a ruse for public consumption. Send a low level trader to a country club fed prison then take care of him for life. Fines are irrelevant because money is phony computer entries.
Could be wrong but I think they’re waiting for the Fed signal how they will set their computerized day to day pricing to skim any profits they can from the private sectors. They get them to chase it then sell sort of thing over and over again profiting while they set the price.
Silver taking the brunt. Looks like they’ll reverse it. $.27 gain down to $.10
This is the constant battle we face. Not normal in any other market.
Shares still holding nicely though, so maybe we’ll recover.
Another $10 push in gold and $.20 push in silver and we could have game.
Shares strong, hopefully leading. We’ll see soon enough.
NEM actually leading the pack.
Not sure if they’ll hold up, as silver looks susceptible to a reversal. Nonetheless, if they do hold up, I think that’s a really good sign for the metals.
Strong moves at the open are always iffy in pm’s.
They’re weapons of virtue signaling green agenda and crickets are useless against them.
I think the WEF is eventually going to have a rude awakening. Hopefully as rude as they gave the rest of us.
Now the rest of the world sees the only thing they’re good at is ” virtue signaling.” Lol lol It’s wors than I though they were thinking. They’re sick if it too lol
Omg that’s hilarious.
In a fascinating geopolitical development, Bloomberg reports that Saudi Arabia privately hinted earlier this year it would sell some (or all) of its European debt holdings if the G-7 confiscated Russia’s frozen assets.
