China burns more coal than every other country put together. So clearly she’ll be sending them an invoice for half the fines. And if they refuse to pay, why should anyone else?
Ipso
Maybe she’s too stupid to figure that out, especially with the winters they have there. But then maybe the people left are too stupid not vote her out. So the birds of a feather will just freeze together.
Maddog and goldielocks
I don’t know how driving the oil companies away from your state benefits the people who live there. $6 gas anyone?
Yet the populace voted her in? I guess
Ipso
Hopefully legislation isn’t that stupid. Maybe someone should impose fines on her for letting in all those illegals causing climate change, crimes and financial loss.
ipsofacto
Who does she think…..not her, that’s for sure..they never do…she’ll just get a payrise.
Hochul is insane! Who does she think is going to end up paying these fines?
NEW CLIMATE LAW TO IMPOSE MASSIVE FINES (MSN)
New York State has officially enacted a law that will impose $75 billion in fines on fossil fuel companies to recover costs from climate change damage. Governor Kathy Hochul signed the legislation to shift the financial burden from taxpayers to oil, gas, and coal companies responsible for greenhouse gas emissions
While the world is focused on Trump and the USA, look what is happening in the UK and other countries. 4 minute video
“The UK has recently completed a Carbon Credit Trial that sets a daily amount for each person” “Your daily Carbon Limit is capped at 40kilograms of Co2” “A packet of cheese accounts for 1.1 kilograms of Co2” “Here’s where things get terrifying” Correct me if I’m wrong but haven’t the ‘Conspiracy Theorists’ warning you all for the last several years about this coming in….?
Buygold
Re Hope
I am looking at the Rig getting torn apart, under the Trump regime. Ed Dowd has an interesting talk with Greg Hunter….I have not listened to it yet. but he is talking about the amount of rigging of government figures under Biden, eg saying employment figs have 1.25 million fictional jobs in them and that all has to come out, before the mkts /economy can recover…..Which I agree with …if the Rig is not outed just like the Covid scandal has to be, then it will fester, until it does explode…..the years of corruption may well get exposed….if they don’t then it must happen later….but happen it will. There is no better time than now, as the perps are gonna fight like hell, everything they have done wrong must be thrown at them. The likes of Dowd are not going away.
Now say the Rig does get exposed and the gigantic silver short with it…..that would explode silver from the Cup and Saucer, as the price goes vertical….
Buygold 11:54;
I know what you mean. They not only take it back but can hold you hostage for years leaving you in limbo while your missing out on steady gains and other opportunities in other sectors. Then not even mention the ones that just stopped trading. But if you see stagflation or or other signs gold will shine might not hurt to get back in. Unlike other sectors just don’t stay in or they’ll just take it back.
Buygold
Remind me of this conversation in 6 months!
Cheers
Jimmy Carter still on the news
With demos virtu signaling talking about Housing.
That’s funny we got a lot of people sleeping in tents in the mountains of Carolina I don’t see it working for while they sit on their hands and talk about how caring and humaine they are.
Ipso
What’s eventually brother? We’re looking at a 45 year old chart. Is that another 15 years? It benefits no one for the price of silver to be higher, except those that mine it and those that hold it. 1/10th of 1% of people or even less maybe when you include consumers.
It seems there’s a very good reason why silver hangs around the price it costs to mine it. It benefits the most people. As long as the miners continue to sell for the paper price, that’s what it’s worth.
If you can tell me how that changes, then maybe we can discover future prices.
Yeah Goldie and that’s the difference
Bitcoin has more than doubled this year, so it’s 10% off its highs, no big deal.
No comparison between the two. PM’s go up 25% and they then need to give back half their gains. Not to mention that 25-30% gain goes all the way back to 2011. That is pathetic.
Can’t even discuss the pm shares they have been so horrific.
I hate to say it, but Fullgoldcrown, Rambus, silverboom, all those folks that broke away from pm’s and do other investments, were smart to do that. A lot smarter than I am.
I owe them an apology.
PM’s have been a bad joke. Physical or otherwise.
Buygold
FWIW I think all those silver bulls will be right eventually it’s just that their timing sucks. I think 2025 will be a better year for the silver market than 2024 but what the hell do I know!
Cheers
Ipso, Maddog
Ipso – true about nat gas vs. silver. Silver is completely owned by the criminal cartel of banksters. It goes nowhere without their approval. This idea that something is breaking in the silver markets or on Crimex is such nonsense and has been for over the 20 years that I’ve heard it time and time again.
Anyone who says that stuff is a clown. The MacLeod’s, Holter’s, all of them. Then there’s the “standing for delivery” analysts that always claim the Crimex will soon run out of metal. They never do. Yet these guys show up year after year dragging the same nonsense out to give hope. Ridiculousness.
Sad to say it, but it’s been clear for a long time that pm’s aren’t going to save anyone. We’ll get through another correction, they’ll paper over the problems, we’ll get a lift for a few months, and then we’ll just die for another 10 years while everything else goes up. Hard truth.
One good thing for Trump, those higher energy prices are going to light a fire under the drillers here in the US, and if we dominate the energy markets, despite our debt, it should help keep the country strong.
For now though, go nat gas!
Buygold
Dollar up, even Bitcoin being sold but had a good run up.
Maddog
I guess knowing what we know there’s a much greater chance of the formation working out in NG rather than silver …
Someday …
They turned NVDA quickly
I thought that might be a queue for the rest of the Nasdaq, but not the case so far.
Tech seems so overbought, have to wonder just how far it can fall if this is the beginning of the great correction. This bull has run for what 15 years?
ipsofacto
Here we have a baby Saucer bottom/Cup and Handle in Nat Gas…….the mkt shud explode up from the break out, as this is doing plus 20 % already today.
Silver shud do the same when we get break out.
D’oh!
Gold stolen by armed robbers from the Cerrado Gold $CERT.v Don Nicolas mine in Argentina this weekend. Security guards overpowered, tied up, no injuries reported to personnel. Company still trying to work out how much gold was stolen, currently a “significant amount”.
Some bastards need to go down the road
“Denmark has just become the first Country to force Farmers to pay a flatulence tax – or a tax on cows farting”
Denmark’s cows have no measurable impact on anything. China’s coal power plants produce more CO2 than Europe and the USA combined.