ferrett
Re Diamonds…….50 % of the planet human life form….will still want real Diamonds….or they will just transfer their affection to another stone….anyway just try and getting them back from the other half …as they ‘are worthless’ !!!!!!
Buygold
Yeah considering what he started out with way before we were thought up compared to where he’s at now.
Besides growth stocks he reinvested all those dividends, and the kind of blue chip stocks that continued to pay dividends even in a economic down turn. He said once something about if he sold every time someone talked about a crash is imminent and waited for it to happen he would of missed out on all those gains that would include dividends and wouldn’t be where he was today.
So it’s unusual for him or rumor has it he sold 2/3 rds of his apple stocks in the face of big tech and AI hoopla no less other than it’s all over bought and don’t know what it’s PE or other ratios to take out so much cash on the side and heard him mention something about having cash on the side. Unless the thought the disaster Harris was going to win and coming taxes and ” unrealized gains taxe.” Is not his norm.
Goldie
Sounds like a good strategy, can’t go wrong there.
NEM popped green
SSRM too. That’s odd.
They aren’t kidding around with tech, it’s a wholesale dump fest.
For once we’re not even outperforming to the downside. Wow.
Buygold
I’m more focused on other things right now like Trumps transition so he can get busy day one while the demos are doing as much damage to this country as they can.
But I looked at Warren Buffett because gold bugs are gold bugs. The reason is if your going to look at someone’s track record and portfolio look at a multi decade winner not a looser. There’s doers and talkers that don’t do much of anything but talk and have a thousand excuses for not doing. Buffett’s a doer. Besides buying up things like railroads I’m looking to see where he’s putting his money to see what he expects to happen as he pulled out a lot of cash but still buying other things or adding to things he has. I could be wrong but the stocks are the kind that will do good or survive a recession or even stagflation to a point, better than others that would take a big hit.
Everything down today
SM, even tech is weak. They have a habit of bring it back though, so we’ll see.
Even the dollar is down a little, but that won’t help us if they decide to sell everything.
Morning Deer79
“I truly believe that evil ( perhaps the Devil himself) is using Soros, Schwab, AOC, Pelosi and others to do his bidding….”
I think that’s a true statement. I think some of them know it and some don’t, but are being used nonetheless. Look at the P. Diddy mess, Epstein, 350K children missing from the border, the woman being burned to death on the subway. Seems pretty clear that evil has a foothold in this dimension.
Eph 6:12
“For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.”
The GOP better not mess up the certification
Especially with that disaster Harris involved in the House.
But even if a speaker is not elected in time for Jan. 6, multiple congressional and legal scholars told CQ Roll Call that the clerk – if both parties agree — could potentially swear in all House members because the Constitution grants the chamber exclusive authority to organize itself.
While there is no precedent in U.S. history to guide House members through such a scenario, they likely have the authority to, as Smith put it, “make up a precedent.”
https://rollcall.com/2024/12/24/protracted-gop-speaker-fight-could-complicate-electoral-college-count/
JUST IN – China has launched the world’s largest amphibious assault ship, in the latest demonstration of how Beijing’s industrial capacity is strengthening its military power — FT
Gee I wonder what place they’d like to assault?
Their ship, it looks like they built it and found out they didn’t have enough room so they built a big shed on the flight deck! D’oh!
Wokepedia
ELON MUSK URGES SUPPORTERS NOT TO DONATE TO WIKIPEDIA AFTER IT SPENT $50M ON DEI: ‘WOKEPEDIA’ (NYP)
Elon Musk urged his supporters not to donate to the nonprofit that runs Wikipedia after the organization budgeted more than $50 million to spend on controversial diversity, equity and inclusion (DEI) initiatives.
“Stop donating to Wokepedia until they restore balance to their editing authority,” Musk wrote Tuesday on X, where he has nearly 210 million followers.
ferrett @ 20:49
“can’t see the diamond market coming back”
I have to agree with you there. Synthetic diamonds are killing the industry. DeBeers is going to have to get into some growing industry or disappear entirely.
Was looking at some of the synthetic diamonds in settings recently. They are not all that cheap when set in precious metals, probably a real substitute for engagement rings etc. Maybe other gemstones will become more popular. Emerald engagement rings anyone?
Cheers
Cordoba Minerals Arranges US$10 Million Bridge Financing with JCHX
https://ceo.ca/@newsfile/cordoba-minerals-arranges-us10-million-bridge-financing
Auric Minerals Announces Filing of Year End 2024 Financial Statements
https://ceo.ca/@newsfile/auric-minerals-announces-filing-of-year-end-2024-financial
Silverngold
I truly believe that evil ( perhaps the Devil himself) is using Soros, Schwab, AOC, Pelosi and others to do his bidding….
They’ll all be judged someday….
Hope everyone had a nice Christmas and hope that everyone will have a Happy New Year!
Thanks to ipso, Buygold, and all of you that help to make, and keep this website going. Love the exchange of ideas and banter that we have here…..
Gold Train
The Chattanooga Incline
https://www.railpictures.net/photo/873329/
ipso 9:03, I can’t see the diamond market coming back.
A text book case of technology taking over. The market suffered a bit with the introduction of cubic zirconia, but now you can grow real diamonds cheaply, what is the point of owning a natural diamond vs. a commercially grown one? And how long before commercially grown ones can imitate flaws such that it’s impossible to distinguish between them? Bye-bye de Beers. You won’t be able to monopolise diamond production!
Now that the only point ever in giving a girl a big rock was to impress her (and her mother) with your wealth (or borrowing capacity) has now been rendered impotent, will the tradition of sparkly engagement rings disappear? And what marketing scam will replace it?
The real story behind the Gaetz mess
The Deep State does NOT want him as AG .
They got the SM turned
as we slowly bleed out.
Always the same.
At least we’re not getting crushed as we have in the past.
Don’t know what it will be like tomorrow or next year but today it seems we do better as the SM weakens.
Buygold
Yes “hope” is a great thing. I hope Trump doesn’t let us down. I agree with you though, he’s picking a great cabinet. Let’s shake up the place!
Ipso – yes
Trump 2.0 has a whole different feel about it. I think his team makes a big difference, as well as “X” and his social media presence. The real truth and story is able to get out to the public instead of being suppressed by the MSM.
So refreshing to see these politicians, especially the RINO’s called out held to account.
I hope he can get the world calmed down a bit and then square up the cheating in the elections.
Hope anyway.
Buygold @ 9:50
I thought it was funny! Maybe they could work William Shatner into the storyline …
At least the big tech guys are seemingly “bending the knee.”
AG & EXK strong at the open
Not sure why they would be but hopefully indicating the bottom in silver prices.
Ipso – Love that meme