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And Gold keeps selling off tonight……

NOPE: Trump-Backed Funding Bill Fails House Vote As 38 Republicans Say ‘No’

Dogshit of the year miner award. Who else can’t get off the mat at $2,600 Gold? Freaking failures. So We went from some crap high of $58 to get hammered to $37 from a nothing burger move in Gold? Again NEM will be headed to zero if we have any serious pullback. I should have shorted this pig.

Bill Gates announced the next plandemic and what kind of virus. Isn’t that amazing. This time will include children too in case to get a better response or perhaps forced compliance.

https://www.dailymail.co.uk/news/article-14211289/Joe-Biden-health-Jill-exposed-MAUREEN-CALLAHAN.html

Your every good a history in away that people can identify with.  Martin Armstrong mention the current kind of congress we have there is no honor amongst thieves. That  something like as I have a lot going on right now only to get my mind off it but is something like if you had 5 gold coins meant for 5 people and then more people came in and wanted a slice of that coin that’s not theirs it would devalue the worth and cause deflation. They would still borrow spend and print beyond their means. That it has more value out of the reach their greedy hands.

He also hinted to keep your coins out of their reach from public storage and safe deposit so is she saying he wouldn’t put it past them would they try to confiscate or they could steel it?

Fox News veteran Neil Cavuto quits after 28 years at network where he was one of the lone voices criticizing Trump

https://www.dailymail.co.uk/news/article-14210861/neil-cavuto-quits-fox-news-donald-trump-NEW.html

The system is in a slow motion crisis, and gradually or after a while, something big could happen to speed it up.

You may have to have a bigger crisis before any chance of bringing the Gold standard back…though as you rightly point out, it did make for fantastic stability…..But there is one thing that could let Gold fly and that is raising the price massively to off set the debt…..from memory I think you need $ 10,000 /oz….!!!!

Do that and the debt is no longer such a threat and it costs nothing….

I hope they hold out. The things on there they want to spend money on a few outstanding republicans I mind boggled their constituents would want to just pass when they were voted to stop this rip offs and getting these lobbyist money. For instance they even have a bill to fund Censoring, like social media!!!

In my view there is no capitalism on the planet, because the whole system was gradually weaned off of the gold and silver monetary system starting in 1913 with the federal reserve act.

I also read long ago, that our financial system was a copy of the Nazi system because the Germans had great success before they started absorbing other countries. And stakeholder ways where large corporations help employees and the environment already happened.

The system grew globally, until the World Trade Center which was an attack on globalist minded people and their corporations. So everything is in slow reverse mode ever since 9/11. Populism is getting more popular in other countries, including the USA.

Gold is the end game, and eventually it will probably return. We had zero inflation from 1800 until 1929, in fact things were slightly cheaper after 129 years under a gold standard.

If each and every country produced its own needs, and imported only what it does not have, everybody would probably be better off. Why bother with efficiency, and productivity, (one company making all the air bags, or all the aircraft or cars etc unless we get a shorter work week) or are competing with another planet.

Also with a gold silver backed system, and flat to lower prices, nobody would have to hoard houses, stocks bonds etc etc inflation hedges to make money on their savings. Its a casino economy. And the old $40,000 houses, to keep up with inflation would be $800,000 in todays money. No real gain. Its just the money buys less.

Also re a well off neighborhood, where there are beautiful big victorian homes on big lots, the present owner who inherited one, had the receipts for all the building materials, from around the year 1900 $600 total.

or will Trump and Musk, really hold out…….seems the mkt is not sure, hence the panic sell off in Bonds…which is killing everything else.

Re Buffet

Good thinking…even if didn’t have a tip, taking some off the table, before the election made sense, just in case it all went bad…which it may yet…plus they did try to kill Trump twice !!!!!

and then the mkt was/is a classic bull top for Buffet….sell when everyone is happily bullish and buy when everyone is scared.

I can understand the way you think. And I understand why you think that way.

But unfortunately, until he has an honest and open discussion about these stakeholder / globalist types – and acts to thwart their efforts – I will have to assume he is one of them.

I prefer to live in the real world.

Now, if he does start acting that way – I would be very happy to change my opinion.

Have a good one.

I certainly don’t know what makes Donald Trump “tick”, but to a certain extent, all of us are byproducts of the surroundings that we were brought up in, and the influences that our parents and family had on us.

Trump was brought up in a ultra competitive, cutthroat New York City financial arena (I grew up just north of New York City in the 60’s). He was taught how to circumvent the financial loopholes and take every advantage to ensure himself and his family, of financial success.

All of us should know by now, that his ego is through the roof, and in my humble opinion, that extends to the challenges he faces in trying to get this country back on the right track. I truly think that what drives him is that he thinks that he can face all of these challenges and succeed.

He may have some clandestine associations that haven’t come to fruition yet, but I’m personally going to give him the benefit of the doubt for now.

It’s because paper market speculators always drive silver back to the cost of production ($26 right now) when dumps are engineered.

That is to say the banks stop selling futures at that point because they know it’s not sustainable.

They can’t get it below the cost of production for long because supply would be constrained for real in the bullion market – not just suppressed using futures related manufactured excess supply.

Easy peasy – they’ve been doing it since ’75.

Cheers

I know I’m really reaching here, but what IF Warren Buffet (who was given so many sweet insider deals to bail out the financial chaos back in 2008), once again has insider information that the Liberals are planning another attempt to implode the financial markets, and has been selling hundreds of millions of dollars worth of shares in his funds ahead of this???

… Trump doesn’t work for you … and he doesn’t work for America … he works for corrupt politicians, high-level bureaucrats, and corporate billionaires.

The transistion to Stakeholder Capitalism is happening

Just so you understand.

Most don’t

I agree the Gold Silver ratio is now insane….I can think of no real reason, unless so much silver is around due to large scale copper production…but according to most analysts , Silver is near a deficit…so that can’t be the reason…the only one I can think of is the machines are trading the ratio …long Gold, short Silver.

and of course they have no logic, so no-one is saying putting that trade on at 90, is insane…they just see it as a better price to add and of course they never make or take delivery…..

Then again if the Chinese are buying Gold, which they are the scum cannot short gold, because the chinese just say thankyou….deliver the gold to my vault…wheras they can short silver all day…if few are taking delivery.

Fulton County District Attorney Fani Willis has been disqualified from prosecuting President-elect Trump in his election interference case by a Georgia court of appeals.

https://www.zerohedge.com/political/fani-flushed-court-rules-fulton-da-disqualified-trump-election-interference-case

Leftist Officials Move To Delay British Elections As Their Approval Ratings Collapse

https://www.zerohedge.com/political/leftist-officials-move-delay-british-elections-their-approval-ratings-collapse

That is true … but just wait until the BRICs force the US to prove they have gold to participate in global CBDC trade.

That’s when the commies in Washington will try a gold confiscation again.

Trump will explain why it’s necessary like warp speed was.

Like I said … a wolf in sheep’s clothing.

Hope I am wrong.

Cheers all

Headed for 90:1 versus Gold

What a sick puppy right now!

Dog

Thank God for Trump and Musk!