Loading ...Blackrock et all is into everything and branches out in different sections with some very smart people working in each of these sections. They are going to have to decide if they’re going to go for the betterment of society’s and not there to change them to suit them and become their enemies.
Another thing people want is affordable cars.
Right, I remember a time when plenty of young women had rings on every finger or a lot of them and other than wedding rings if that you don’t see that anymore.
I question having one ring on each hand if there is a time or now that I shouldn’t wear them in public anymore or be a target.
Yes they will sell into it because they need the money and don’t know near term target prices either or can’t wait.
I remember back around 2011 I took in some silver eagles to trade for gold when it was nearing 50 dollars and the people in there were all jazzed, silver to the moon. I’m like okay glad they will gladly trade while others are questioning to buy gold while some guy said silver is the place to be it’s gonna go higher. I’m thinking not for long but get my trade in first then mention it. That’s why it’s not good to give advice. You can never know for sure but have reasons at least for or gambling blind or where you’d like it to be. The silver soon tanked but gold went up and those people are gonna remember that bad advice if they picked silver near the top and hasn’t recovered since.
Even if they wanted to buy it they can’t right now.
I haven’t read that article yet but I will. it sounds interesting.
I think the seeds are already set for trouble ahead. We are better off with Trump as there will be no willful harm as there will be with the demos and he will help as many people as he can with the demos fighting him all the way. Some think it gets so bad even raising interest rates won’t stop the dollar devaluation. I hope they can get some things set in stone like the borders this time beyond the executive order so isn’t undone.
Common sense says the feds shouldn’t be lowering interest rates yet.
Even some Republicans are pushing the Feds to lower interest rates. For who’s benefit and how is that going to help the majority of people out there helping ton bring the dollar down. It doesn’t even need help, it’s already got plenty.
Even Ted ” correction” John Kennedy was drilling Powell to lower it. I like Kennedy and his humor but Powell was acting more responsible and less partisan than him and absolving or not recognizing any fiscal responsibility in spending and borrowing.
All this debt is taken from the power of this government and putting it in the hands of foreign countries so anything could happen. I don’t think Powell is going to drop interest rates just yet less it’s under some duress but he doesn’t seem like in a normal circumstance the type that will be told how to do his job.
During the last run up to gold $1923.70 the BlackRocks and Aladdin’s (super computers) came into existence and were perfecting their craft which they had been working on since the turn of the new century, having the green light to put Derivatives into the stock markets to prop up the failing world financial systems by developing ETF’s, which own nothing, to replace mutual funds, which owned shares in all the companies they represented. As the ETF’s became more well known they began to take over the markets as a convenient trading vehicle which used deceptive language to make it appear they also held the underlying security they represented, but the ETF charters state their only obligation is to report the value of the securities they represented (but had no obligation to buy or own), and to return the investors money, after deducting their management fee, at its current value on request.
So, along with the new personal computer age, was born the on-line broker who encouraged day trading by lowering the cost of each trade, and the ETF’s became the most convenient vehicle to use, and mushroomed into a quadrillion dollar world Derivatives industry CASINO, which BlackRock and other super computers immediately recognized and began buying up control to the point where they now own more than 1/2 of all the ETF’s in existence, which allows them to control the direction of every sector in every stock market in the world.
Have you noticed how they are doing this?? Up is down, good is bad, right is wrong, lie is truth, buy is sell…etc. Just program their super computers to do the opposite of what common sense says to do….and do that until the boat is loaded with suckers…then reverse the tactic, clean out the suckers, rinse and repeat. Over time that cleans out 99.9% of all the wannabe day traders and the casino wins again, but there are always new suckers….er….day traders. lol.
I saw this control developing over the first decade of this century so when the PM sector topped out I cashed out over 100 PM ten+ baggers, paid thousands in capital gains taxes to two governments, converted some of it into phyz “in hand” which is not for sale, and been living on OPM ever since. I’ve diversified in enough directions where even if I lose everything in one thing I will still be able to survive….and I depend on my Higher Power to help me through these End Times, and hopefully help others through them too. All The Best from a life of Silverngold.
Schwab gave me the wrong quote on the HUI, it hadn’t updated yesterdays’ pricing. Both HUI and GDX are only down 1/2%. Outperforming the metals. That to me is a big deal and if they continue to sort of hold up, indicate that maybe the metals aren’t going to get as slaughtered as it looks like they are getting.
RGLD is now up on the day.
Silver needs to turn and it will be tough for us to go against a down SM, but maybe there’s reason for hope?
re: delayed his plane
The delay tactic Alex described didn’t surprise me a bit. The RNC used similar at the Convention where was supposed to speak. To my knowledge he never got to speak.
Several times I witnessed as the tv broadcast was interrupted by “technical difficulties” when he spoke regarding COMEX irregularities.
Ron Paul had integrity. I miss the days of being able to unhesitatingly endorse a candidate.
[snip] from Opinion: The RNC Must Allow Ron Paul To Speak At The Convention – CBS San Francisco (cbsnews.com)
… Ron Paul has stated in the recent past that he believes Mitt Romney doesn’t want him to speak at the Republican Convention because Romney fears that Paul will promote his own agenda rather than exemplify unity for Romney on the Republican ticket. Paul told Fox Business: “I think the Romney campaign organization is very insecure.”
Dr. Ron Paul is absolutely right. Anyone who doesn’t believe Ron Paul humbles the strongest politicians around isn’t paying attention to the power of this man. He has an extremely huge following of devoted followers, and much of what he envisions for a better America makes very good sense. His desire for a smaller government – which has been his major issue and likely the most popular distinction between himself and any other candidate – is an issue to be reckoned with by any candidate. His unique foreign affairs’ proposals are worth strong consideration by the Republican Party as well.
Anyone in the RNC – including the presumptive Republican presidential candidate, Mitt Romney – who believes Ron Paul should not speak to the Republican Party at the Convention, is wrong.
Ron Paul’s beliefs must be heard, contemplated, and accepted for sincere consideration in the Republican Party’s platform of 2012. Paul not only speaks to many people but also for many people. Regardless of what one thinks of him and his politics within the Republican Party, he is a force to be reckoned with in 2012 as he has been in the past.
Disallowing Paul to have his say at the Convention will lose many more Republicans who are trying to get President Obama out of the White House than it would gain. But again, politics aside, Dr. Ron Paul has earned his right to speak – regardless of the rules.
Ron Paul Was Denied a Convention Speech Because He Wouldn’t Endorse Mitt – The Atlantic
I agree with you about silver and the buying here in the states. Regular folks aren’t buying silver or gold like they did in 2001-2011. They are selling to the local coin shops on this run up. Dealers have plenty of stock for sale. They’re tapped and tapping 401K’s to live during this inflation. What they should be doing is dumping the stocks and buying phyzz but they don’t have the extra cash.
Clearly whatever buying that’s being done is overseas, and not on the radar of investors in the US. We won’t see any great gains until investors here get involved, and they won’t get heavily involved as long as the Crimex and LBMA are able to fiddlef*ck with the dollar price of the metals. Maybe if the SM finally rolls over they will, but for now they’re making money in tech and Bitcoin. Why mess with something that hasn’t even kept up with inflation?
This is a headline from ZH – I suppose if this were to happen as an official policy, that might change. One thing though, Trump is a strong dollar guy. I don’t know what they mean by “imminent.”
An active devaluation of the dollar has risks attached to it too, not only for the US, but for the rest of the world and the global financial system…
Do mid easterners have hand signs,
I was at a restaurant with a friend. We were talking about current events and we both know a certain amount of ASl ” sign language ” We were talking about different religions at the time partly talking in sign although we’re not hard of hearing and peripheral vision I saw hand movements at a table behind us and looked over at this guy a mid eastern illegal or not I don’t know he was looking straight at me was making all these hand signals kinda coping me but all scrambled not sign language. I didn’t engage and told my friend after we left cuz her husband was military. She said you should of told me she would of turned around and asked him what he’s doing. Lol Yeah that’s what I was afraid of and despite her being a black belt trained by grand teachers since a child I figured this guy was either 51/ 50 or but her nature like me has tendencies to get into conversations with them there’s some hand signals they use over there. And best we didn’t know.
Into Options Expiration
SNG, casinos, yeah if going long just lotto tickets. They’re cheap and chances in one and 20 million you’ll get rich so don’t sell them no matter what. Then always if it does move somewhat then come talking heads saying it could go higher so don’t sell so they can shed their shares maybe in a pump and dump. Just know when you buy that ticket you know that going in so you don’t blame someone else if it don’t go your way and if you think its a scam why bother. Not a good retirement plan.
Buygold sliver the poor man’s gold, I don’t think big money is buying into it like gold. The economy and working class is tightening their belts. It would take a big move and liquidity.
EXK, AG & GROY are in the green.
The large caps are holding up well too.
Go figure.
Lots of day left, but the shares don’t seem to be panicking and that’s a good sign.
I have one pm stock. 98% of what I have other than real estate is in phyzz.
I thought we had this conversation privately though…remember?
While all paper may burn in the end, the stocks could end up making a lot of fiat that could be converted to phyzz. I’d guess that’s what the smart players will do if the pm shares ever act like they should.
Better to use the opportunity to buy the real thing…. in hand! It is the only thing that will help you survive what’s coming…FWIW! Silverngold!
HUI down 3.3%, but GDX only down 1.43%
Not sure which components are different. Large caps like AEM, NEM, GOLD only down 1-2%
Course it’s very early and just the start of the day.
SLV trying to hold the $26.50 level. That’s a big level if it can hold on and bounce from there.
They are breaking us down completely now, especially silver. So much for silver being so expensive on the Shanghai. We did get a 3-day rally in silver that ended a week ago but failed to make new highs and now of course is crumbling well below the 50 dma. So much for all the supposed shortages.
Gold, OTOH got a whopping 10-day rally, but as of the premarket they’ve already wiped-out half of those gains.
The shares will of course get obliterated.
Just once I’d like to see us reverse on a day like today. Just once I’d like to see all the reports about shortages and Crimex volumes, and running out of metals amount to higher prices – but they never do. It’s all complete bullshit.
There’s no wonder this disaster of a sector can’t get any real money interested. You touch pm’s, you get burned, plain and simple.
Bitcoin is up over 1/2% though, isn’t that awesome?
Early March #Silver broke out and rose from $24 to $33 around May 20. The ascending trend line has 4 connecting points and currently Silver is here again for the 5th time. Interesting to see what will happen in the next few days.
waterfall, down 1.5%. Simply because these cretins can move things however they want. Simply don’t know what will change things to our favor…..
Bear Creek Mining Announces Q2 2024 Mercedes Production of 9,304 Ounces of Gold; Machine Learning Assisted Exploration Program Commenced
https://ceo.ca/@newsfile/bear-creek-mining-announces-q2-2024-mercedes-production
Sailfish Announces Normal Course Issuer Bid
https://ceo.ca/@newsfile/sailfish-announces-normal-course-issuer-bid-91c1a
Sierra Metals Completes the Sale of the Cusi Mine
https://ceo.ca/@businesswire/sierra-metals-completes-the-sale-of-the-cusi-mine
Regency Silver Announces $2.5M Unit Financing to Fund Next Drill Program at Dios Padre
https://ceo.ca/@accesswire/regency-silver-announces-25m-unit-financing-to-fund
Sienna Significantly Increases Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc.
https://ceo.ca/@newsfile/sienna-significantly-increases-acreage-of-stonesthrow
Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plc-notification-of-relevant-504bf
Eric Sprott Announces Changes to His Holdings in Jaguar Mining Inc.
https://ceo.ca/@newsfile/eric-sprott-announces-changes-to-his-holdings-in-jaguar-8cd2b
Vizsla Royalties Announces Shares for Debt Transaction
https://ceo.ca/@newsfile/vizsla-royalties-announces-shares-for-debt-transaction
Eric Sprott Announces Changes to His Holdings in Freegold Ventures Limited
https://ceo.ca/@newsfile/eric-sprott-announces-changes-to-his-holdings-in-freegold
Pantera Silver Announces Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement
https://ceo.ca/@newsfile/pantera-silver-announces-closing-of-final-tranche-of
Aztec Minerals Announces Upsize of Non-Brokered LIFE Offering
https://ceo.ca/@thenewswire/aztec-minerals-announces-upsize-of-non-brokered-life
Atico Produces 3.73 Million Pounds of Cu and 2,874 Ounces of Au in Second Quarter 2024
https://ceo.ca/@globenewswire/atico-produces-373-million-pounds-of-cu-and-2874
Lion One Announces $7.5M Brokered Private Placement
https://ceo.ca/@globenewswire/lion-one-announces-75m-brokered-private-placement
Scorpio Gold to Commence Trading on OTCQB Under Symbol ‘SRCRF’
https://ceo.ca/@newsfile/scorpio-gold-to-commence-trading-on-otcqb-under-symbol
Tajiri to acquire the Yono Property abutting 7.9 Moz of I+I Gold Resources
https://ceo.ca/@newswire/tajiri-to-acquire-the-yono-property-abutting-79-moz
Golden Cariboo Intersects New Discovery with Multiple Examples of Visible Gold in Each of Three Drill Holes at the Halo Zone 830m from the Quesnelle Gold Quartz Mine
https://ceo.ca/@thenewswire/golden-cariboo-intersects-new-discovery-with-multiple
Bayhorse Silver Completes Ground Water Test Well Drilling, Extends Known Silver Bearing Rhyolite Zone 600 Feet West Of The Bayhorse Silver Mine Underground Workings
https://ceo.ca/@newsfile/bayhorse-silver-completes-ground-water-test-well-drilling
SRC Announces 2024 Exploration on Ballarat Gold Project, Yukon
https://ceo.ca/@newsfile/src-announces-2024-exploration-on-ballarat-gold-project
Another one canceled by Fox for speaking his mind. He wrote a detailed book years ago, pages and pages of all the companies that outsourced jobs from America. Too many to speak of.
