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Author Topic: Gold, Silver and Markets  (Read 135641 times)

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Apollo

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Re: Gold, Silver and Markets
« Reply #13400 on: June 13, 2022, 10:53:41 am »
SilverFox - it was pretty obvious to me in 2020 that the folk burning down our cities were funded by these Villans & Biden was their prop - you say people are waking up, not so confident of that. If you couldn't see it then & even if he only got lets say  71-73MM votes - he clearly did not get 81MM, that means there are 71-73MM idiots out there & you have a lot more confidence in them than I do.
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Cherokeeee

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Re: Gold, Silver and Markets
« Reply #13401 on: June 13, 2022, 10:55:00 am »
Michael Saylor... is he still a hero to Micro Strategy stock holder's...?  NAR..!!!!
Time for the hoi polli to start trying to fly from their high rise penthouses without a cape...

SilverFox

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Re: Gold, Silver and Markets
« Reply #13402 on: June 13, 2022, 10:59:14 am »
Apollo yes many are still not awake. But look how hard they are now pressing to silence the truth tellers. The Ukraine war has blown up in their face and Russia has shown NATO that they cannot walk all over them. I fear they are pushing us to WWIII for their cover up scam. I put my hope in God because at this point in time they have invaded all aspects of Government, industry and social fabric of our society. We need the great reset from our maker because we are dealing with the demonic at this point in time.
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Cherokeeee

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Re: Gold, Silver and Markets
« Reply #13403 on: June 13, 2022, 11:00:25 am »
WHY..?  What is the purpose of this..? Man made reproductions of God's creation.... not gonna end well...
https://businessinsider.mx/this-robotic-finger-has-skin-made-from-living-cells-2022-6/?r=US&IR=T

Pyrite

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Re: Gold, Silver and Markets
« Reply #13404 on: June 13, 2022, 11:19:50 am »
Where's that link to  Gated Institutional Narrative (GIN) ?

Deleted?   I wanted to read it again and see if it's worth passing on to the rest of the fools.
If money can't buy happiness, blow it all on diversions.

Ben

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Re: Gold, Silver and Markets
« Reply #13405 on: June 13, 2022, 11:52:32 am »
Roan

We have been using WD-40 (just a couple of drops )for a good size pond /marsh does the trick

.Thin layer of oil kills the eggs of Mosquitoes .Put some on your hand and dip in water if being seen is a problem....

permabear1

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Re: Gold, Silver and Markets
« Reply #13406 on: June 13, 2022, 11:57:07 am »
So far what this fired up black preacher is screaming about has not materialized.   

THE LONG LEGGED MACK DADDY

https://www.youtube.com/watch?v=8_0qed1hKFw

Many of those white folks he's screaming about have either died of drug overdoses or are alive but are hooked on streaming content, NFL or dancing with the stars.

Norwester1

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Re: Gold, Silver and Markets
« Reply #13407 on: June 13, 2022, 12:17:42 pm »
13401...aw, come on, Pyrite.....blue tarp?  I'll have you know I have several of those 'higher grade' brown tarps with the silver underside to adjust to either heat or cold....mostly use the brown side up here, however....I wuz gonna invite you and the missus down to visit if we moved there, but not if you're gonna be snarly at me....heh-heh....(p.s., bring lottsa cash, I may need a loan)....

13405....aw, that daily shower routine is highly overrated, wolavka....now, well into my re-tar-mint years, I've decided an every-third-day washin' is plenty adequate since I'm not out and about that much anyway....

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Norwester Mike

BigFisherman

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Re: Gold, Silver and Markets
« Reply #13408 on: June 13, 2022, 12:55:55 pm »
Roan,

Cooking oil works as well.  Less of a mess.

Rod

Erle

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Apollo

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Re: Gold, Silver and Markets
« Reply #13410 on: June 13, 2022, 01:14:48 pm »
Its a race between the EU & Japan as who pin-pricks the debt-bubble & then it all breaks loose - thinking this Fall ought to do it

Japan On Verge Of Systemic Collapse With "Dramatic, Unpredictable Non-Linearities" In Financial Markets, DB Warns

"we worry that the currency and Japanese financial markets are in the process of losing any sort of fundamental-based valuation anchor."

https://www.zerohedge.com/markets/japan-verge-systemic-collapse-dramatic-unpredictable-non-linearities-financial-markets-bank

Frustrated

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Re: Gold, Silver and Markets
« Reply #13411 on: June 13, 2022, 01:26:36 pm »
« Last Edit: June 13, 2022, 01:28:15 pm by Frustrated »

Apollo

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Re: Gold, Silver and Markets
« Reply #13412 on: June 13, 2022, 02:33:25 pm »
Like I said, the FED is screwed - it will do 50, because the Bidenites will freak if they do more. But the truth is, inflation is probably in the teens & the Bond market is taking on a mind of its own. That means a serious train-wreck dead ahead - like I said, looking for this Fall to be the Mother of all financial disasters

Apollo

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Re: Gold, Silver and Markets
« Reply #13413 on: June 13, 2022, 02:36:13 pm »
Charles Payne on Fox Biz just through up a USD chart & said its going to 120 - duh

Cherokeeee

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Re: Gold, Silver and Markets
« Reply #13414 on: June 13, 2022, 03:06:48 pm »
not surprising... a pox on trudeau and his blood.line...

Hambone

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Re: Gold, Silver and Markets
« Reply #13415 on: June 13, 2022, 03:11:58 pm »
We appear to be in the same boat as Japan decades ago.  Their stock market roared to dizzying heights, then collapsed. So did their real estate market.  Japan has floundered ever since.


Japan’s stock market rose to over 35K, similar to ours, then finally bottomed a little below 10K.  At their peak, the Emperor palace grounds in Tokyo were valued at more than the entire state of California.  Then came the crash.

Can our markets do the same?  You bet.


Ben

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Re: Gold, Silver and Markets
« Reply #13416 on: June 13, 2022, 03:21:41 pm »

Hambone

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Re: Gold, Silver and Markets
« Reply #13417 on: June 13, 2022, 03:34:06 pm »
Can’t remember the last time I saw a fifty dollar move in gold.

Apollo

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Re: Gold, Silver and Markets
« Reply #13418 on: June 13, 2022, 03:36:47 pm »
Let's see if the PTB shows up here at the finish line. If not, we are continuing with a down-spike first thing in the morning & then we'll see

Apollo

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Re: Gold, Silver and Markets
« Reply #13419 on: June 13, 2022, 03:43:28 pm »
USD - Multi-decade high - we're all rissshhhhh

Frustrated

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Re: Gold, Silver and Markets
« Reply #13420 on: June 13, 2022, 03:52:52 pm »
Hammy

"Can’t remember the last time I saw a fifty dollar move in gold. "

How about last Friday, up about 50 today down about 50.

permabear1

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Re: Gold, Silver and Markets
« Reply #13421 on: June 13, 2022, 03:53:54 pm »
Dr Vernon Coleman: ‘Social Credit is coming and it’s all part of The Great Reset plan’
By The Exposé on June 12, 2022   

https://expose-news.com/2022/06/12/dr-vernon-coleman-social-credit-is-coming-great-reset/

The social credit system will energy the Stasi approach in earning brownie points by tattling on their neighbors.  Make it up, who cares as it will earn you more points.

*************************************

All of this is completely unnecessary if we only organized at 100% tax rebellion. Cut them off entirely and comply with zip.  Ya, I know, you first.

I recall watching a documentary on WACO and before the compound was burned and children were burned alive, a 'reasonable' negotiator was told to step aside as Janet Reno decided to send in a 'hard a**'.  The guy being replaced asked why are you doing this, we are right at the point where David Koresh was going to agree with every one of our requirements?"

The new guy said "the problem is perception.  For every one of us there are
5000 of them so we have to project power we actually lack".

« Last Edit: June 13, 2022, 04:22:06 pm by permabear1 »

mugwump

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Re: Gold, Silver and Markets
« Reply #13422 on: June 13, 2022, 04:01:53 pm »
nancy's sham fails badly in the ratings
https://www.youtube.com/watch?v=vD7kLiyI_i8
i've been sick and tired of hearing about 1/6 for months

Hambone

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Re: Gold, Silver and Markets
« Reply #13423 on: June 13, 2022, 04:02:51 pm »
Frus

I can’t remember what happened 5 minutes ago.
« Last Edit: June 13, 2022, 04:04:00 pm by Hambone »

mugwump

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Re: Gold, Silver and Markets
« Reply #13424 on: June 13, 2022, 04:04:21 pm »
the scorecard
dow jones down 1000 points
gold down $50
oil down 50 cents
https://finviz.com/futures_charts.ashx?p=d1&t=CL

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13425 on: June 13, 2022, 04:27:53 pm »

Couldn't break the oil longs, let's all hope for better luck tomorrow, vroom, vroom, let the chicken games roll.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13426 on: June 13, 2022, 04:30:09 pm »

Pelosi looks like a walking corpse, plus, she's a tawdry drama queen, why don't these people ever go away?

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13427 on: June 13, 2022, 04:44:47 pm »

Russia is now India's largest oil supplier, just sold them some enriched uranium too, Modi be on the list soon.

Everybody talks about the euro NG market, pfft, small potatoes, it's the pipelines to South Asia, that's the ticket.

There's rumbles of a commodity based currency for the SCO, that would be the final nail for our action figures.
« Last Edit: June 13, 2022, 04:50:00 pm by Bigley Gaines »

Zigg

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Re: Gold, Silver and Markets
« Reply #13428 on: June 13, 2022, 04:55:07 pm »
$1712…

6%…not?


Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13430 on: June 13, 2022, 05:51:00 pm »

Binance down for 2hrs. today, the team is working on a "stuck on chain transaction", the plates fall off the walls.

Been reading some old Texas sayings, "They're so crooked, if they swallowed a nail, they'd spit up a corkscrew".
« Last Edit: June 13, 2022, 05:59:29 pm by Bigley Gaines »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13431 on: June 13, 2022, 06:01:56 pm »

Gosh, if the crypto space goes to absolute zero, we've lost a big chunk of the new economy, that's a real shame.

Alisdair MacLeod, out of London, talking about a collapse in bank credit and the ejection of USD financial assets.
« Last Edit: June 13, 2022, 06:22:51 pm by Bigley Gaines »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13432 on: June 13, 2022, 06:24:56 pm »

The EU may have some problems with the hapless peasants, they've seen this movie many times in the past.

The new kinder, gentler world reserve currency, coming soon from your pals in Europe, remember those days?
« Last Edit: June 13, 2022, 06:28:17 pm by Bigley Gaines »

mugwump

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Re: Gold, Silver and Markets
« Reply #13433 on: June 13, 2022, 06:45:12 pm »
when you give someone a govt job solely because they're a black female lesbian
well this is what you get
https://www.youtube.com/watch?v=1i7J4NFbem4
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Pyrite

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Re: Gold, Silver and Markets
« Reply #13434 on: June 13, 2022, 07:18:57 pm »
Time for all govt agencies who have contact with the public to switch to buxom gorgeous lesbian exhibitionists.
If money can't buy happiness, blow it all on diversions.

Apollo

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Re: Gold, Silver and Markets
« Reply #13435 on: June 13, 2022, 07:31:42 pm »
Here's the walking corps

Japan On Verge Of Systemic Collapse With "Dramatic, Unpredictable Non-Linearities" In Financial Markets, DB Warns

"we worry that the currency and Japanese financial markets are in the process of losing any sort of fundamental-based valuation anchor."

https://www.zerohedge.com/markets/japan-verge-systemic-collapse-dramatic-unpredictable-non-linearities-financial-markets-bank

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13436 on: June 13, 2022, 07:37:28 pm »

That quote about Japan losing their monetary hitching post, applies equally to all the other monkeys in the cage.

On Another note, Gerald Celente ranting about the ECB dim-bulbs and their bogus inflation targets is priceless.

Amazon does a perfect round-trip off the May 23 low; Jet Blue returns to earth, abject idiocy, the final frontier.

« Last Edit: June 13, 2022, 07:57:58 pm by Bigley Gaines »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13437 on: June 13, 2022, 08:17:21 pm »

Luke Gromen, macrovoices interview, at 30mins, he's got the scenario for the European dark winter, Weimar, baby.

Uncle Klaus in his great reset book predicted that the covid response would bring about "minimal" inflation risks.

Perhaps you are wrong, who will buy the worthless bonds from bankrupt nations to keep the system stable?

"That's where MMT and helicopter money come in, the government issues debt and the central bank buys it."

********

And this guy wants to be king of the world, how's that plan working out for you?

« Last Edit: June 13, 2022, 08:34:30 pm by Bigley Gaines »

bufford

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Re: Gold, Silver and Markets
« Reply #13438 on: June 13, 2022, 08:39:33 pm »
Tom O'Brien next  stop for Bitcoin   26!mins in.  13000

https://youtu.be/Ew7YOAkRGqg?list=PLC08D101D08B48F04
« Last Edit: June 13, 2022, 08:40:45 pm by bufford »

Cherokeeee

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Re: Gold, Silver and Markets
« Reply #13439 on: June 13, 2022, 08:47:52 pm »
When this wall is hit... it's game over... total collapse ...  at noon sometime soon.. the wall ..mama never should have built the wall..
https://www.dailyveracity.com/2022/05/16/current-diesel-fuel-shortage-worse-than-1970s-fuel-crisis-will-accelerate-coming-food-supply-catastrophe/

Cherokeeee

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Re: Gold, Silver and Markets
« Reply #13440 on: June 13, 2022, 09:10:52 pm »
gata keep those eggs rollin in no matter what as me & my doogie are addicted... average 2400 eggs/year with 10 of these fine feathered birdies.. like eggs..?  who ya gonna call when the big bird sings..?

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13441 on: June 13, 2022, 09:14:46 pm »

Cherokeeee, showdown; the Fed vs. the POO, it had to end this way, the old guy predicted this back in the '70's.

"Do you know how much oil the US imports every single day, do you know how they will pay for it in the future?"

Only know baseball and hockey stats, those are good questions though, better smarten up fast, yeah, later.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13442 on: June 13, 2022, 09:20:55 pm »

Then there's the inner tube story; they keep re-inflating the inner tube with more fake money/rate cut patches.

At the end of the story, the inner tube is all patches, then they try it fill it up one last time, kaboom, we'll see.

Tom

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Re: Gold, Silver and Markets
« Reply #13443 on: June 13, 2022, 09:34:05 pm »
Got to say I like your sence (k) of humor Bigley ..
Don't always agree with your comments, but some of the funny stuff you say is very amuzing.

bufford

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Re: Gold, Silver and Markets
« Reply #13444 on: June 13, 2022, 09:48:29 pm »
Celsius a bye bye

https://arstechnica.com/tech-policy/2022/06/cryptocurrency-plunges-as-crypto-bank-celsius-suspends-withdrawals/

Somebody is lying”
Celsius is effectively an unregulated cryptocurrency bank. Customers can deposit cryptocurrencies with Celsius and then borrow dollars against those holdings. Customers can also earn interest on cryptocurrency deposits, with the company's website advertising interest rates as high as 18 percent for some cryptocurrencies. That number is far more than Americans can earn from conventional banks. Celsius says it has 1.7 million customers.

A January Bloomberg article reported that Celsius had inspired loyalty from some of the platform's users:

In testimonials posted last year on Twitter as part of a contest in which customers shared their 'Celsius Story,' many said they had entrusted Celsius with their life savings. One said he took out home equity and cashed in his work pension and his savings for his kids’ education to put the money into the company’s accounts. Another said it let him quit his job to move closer to his kid.
« Last Edit: June 13, 2022, 09:50:11 pm by bufford »

bufford

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Re: Gold, Silver and Markets
« Reply #13445 on: June 13, 2022, 10:15:53 pm »
« Last Edit: June 13, 2022, 10:17:28 pm by bufford »

lonestar

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Re: Gold, Silver and Markets
« Reply #13446 on: June 13, 2022, 10:41:24 pm »
Cherokeeee
How do you keep your chickens cool during summer?
Sn Antonio heat it a real problem for chickens
lonestar

Apollo

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Cherokeeee

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Re: Gold, Silver and Markets
« Reply #13448 on: June 13, 2022, 11:10:12 pm »
lonestar.. installing 12V solar fan in the coop... coop will be in the shade too.. putting wheels on the coop gata move it every couple of days.

Norwester1

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Re: Gold, Silver and Markets
« Reply #13449 on: June 14, 2022, 12:53:40 am »
Now, hold on there Cherokeeee.....how BIG is this coop that you keep a dozen hens IN?  I assume you're moving it, every coupla days as you say, to new grassy spots or ?  you gotta lift or something to raise those wheels up and down when you've relocated the coop....I'm curious, having had chickens myself years ago in a 10' x 25' pen, with nesting boxes at the far end....

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Norwester Mike

Norwester1

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Re: Gold, Silver and Markets
« Reply #13450 on: June 14, 2022, 01:28:21 am »
So, here's the latest sicko "fad" or game being chatted about on some of the social media sites -- a friend down in a suburb of Seattle had it happen to a friend of hers, so she mentioned it to me....Seems the apparently bored teens are competing to see how many cars & trucks they can mess up by removing the lug nuts from one or more wheels and tracking the resulting crashes!  At least five vehicles were 'disabled' (unknowingly to their drivers) before it was too late. All had been parked in a WalMart parking lot while the owners were inside...sheesh....I guess our TP-ing houses and trees at that age was our fun and games, but messing with folk's car never was a part of our agenda....

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Norwester Mike

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13451 on: June 14, 2022, 02:00:15 am »

Canada news; Bieber's gibbled-up face, what up with that, this could blow the lid clear off the vaxx septic tank.

Canada's second largest pension fund invested $600M in Celsius, looks like they're now stuck in the Kelvinator.

Don't know about our wheat production this year, but we have a bumper crop of dickweeds growing robustly.


Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13452 on: June 14, 2022, 02:12:02 am »
Found Hugh Hendry on twitter, he's turned into a acid dropping surf punk, talks like one too, it's a crazy world.

********

More future scenarios from Luke Gromen...

It's a balance sheet contest between the US and Russia, in the end, Russia wins.

The UK and the EU are literally setting up a energy hyperinflation death spiral for their currencies, a good plan.
« Last Edit: June 14, 2022, 02:43:48 am by Bigley Gaines »

Norwester1

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Re: Gold, Silver and Markets
« Reply #13453 on: June 14, 2022, 02:34:56 am »
13463...heh-heh-heh.....Bigley, you're too much!  Loved this one you posted:

"Don't know about our wheat production this year, but we have a bumper crop of dickweeds growing robustly."

...uh...yeah...that seems to be a wide-spread contagion that's escaped Kaliphoney and Chi-town and Nuevo Jork and is now contaminating the rest of the states. with a few exceptions....none of them are interested in the Dakotas or Mississippi....

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Norwester Mike

mugwump

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Re: Gold, Silver and Markets
« Reply #13454 on: June 14, 2022, 02:47:51 am »
drunk paul pelosi mugshot finally appears
https://www.analyzingamerica.org/2022/06/659061/?utm_source=myc

PM's and oil bounce back
crypto in the dumpster
https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1

btg has a market cap of $4 billion
P/E less than 10
FCF of $370 million
a good value
https://finance.yahoo.com/quote/BTG/cash-flow?p=BTG
« Last Edit: June 14, 2022, 02:58:37 am by mugwump »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13455 on: June 14, 2022, 02:53:47 am »

Hello, NW'er, you're funny too, despite the topic being rather sad, the numbers look bad for us freedom buffs.

We don't to join their giant summer camp, where new rules are made daily and we all must follow to get accepted.

Over half the population wants this in Canada, they'll give up it all without a whimper too, so we can  be safe.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13456 on: June 14, 2022, 03:05:34 am »

Great photo, mugwump, he's got the classic look of a pickled guy, trying hard not to look pickled in the mugshot.

Kudos to Napa County, the Calistogans want that Pelosi piker punted.
« Last Edit: June 14, 2022, 03:07:19 am by Bigley Gaines »
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HoldGold

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Re: Gold, Silver and Markets
« Reply #13457 on: June 14, 2022, 04:01:47 am »
https://babylonbee.com/news/people-who-ruined-worlds-economies-gather-to-discuss-how-to-fix-worlds-economies
People Who Ruined World's Economies Gather To Discuss How To Fix World's Economies

mugwump

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« Last Edit: June 14, 2022, 04:52:03 am by mugwump »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13459 on: June 14, 2022, 07:27:50 am »

A little levity...

MMT= Magic Money Tree, that's a good one, well done.

"Make Serfdom Great Again", excellent, that seems to be the current action plan, now doesn't it ?

Apollo

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Re: Gold, Silver and Markets
« Reply #13460 on: June 14, 2022, 08:06:29 am »
Sibanye down $0.82 over a road closure due to flooding in Montana - just bought some - looks overdone

https://www.sowetanlive.co.za/business/2022-06-14-sibanye-stillwater-halts-montana-mines-amid-floods/

Apollo

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Re: Gold, Silver and Markets
« Reply #13461 on: June 14, 2022, 08:23:41 am »
If there is one theme on where stock markets are now going.. its Mean Reversion. As I warned a few months ago, it was time to refamiliarize yourself with the Crash of 29 and the wasted decade that followed. Where are markets going?

At this point recall Warren Buffet’s stock market capitalisation to GDP rules – the Buffet Indicator. His dictum was the US equity market is overvalued at 90% of GDP. Today, the value of US stocks is about $40 trillion while GDP is $25 trillion = 163%.

The 90% fair value number is subjective. We should factor in just how low interest rates still are, which makes stocks look better relative value to bonds. Let’s say the Buffet Indicator of fair value in a low interest environment is 110% – in which case stocks are still overvalued by around 30%.

Funny enough, my base case is the stock market still has a 30% correction to come. That won’t impact every stock equally. Many value stocks look buyable. Some others have much further to fall as economic common sense breaks out. Many stocks may already be close to fair value. Guess which side of value Tesla lies?

https://www.zerohedge.com/markets/laws-mean-reversion-have-begun-their-summer-offensive


wolavka

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Re: Gold, Silver and Markets
« Reply #13462 on: June 14, 2022, 08:24:43 am »
a turd will float with too much fat:

Two months ago Italian debt, thanks to Lagarde’s lying and everyone’s front-running her trades, was trading at a premium to US debt

wolavka

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Re: Gold, Silver and Markets
« Reply #13463 on: June 14, 2022, 08:52:49 am »
57 to $.
usa banana

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13464 on: June 14, 2022, 09:12:57 am »

Vince Lanci tweet;

White House climate change advisor wants social media to censor content about the high costs of green energy.

*******

Where to next with these people, Twitter's already running cover for the Bieb's gibbled-up face, there's a story.
« Last Edit: June 14, 2022, 09:16:46 am by Bigley Gaines »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13465 on: June 14, 2022, 09:27:29 am »

Big mean reversions often lead to a commodity/stock flip-flop, energy stocks were 30% of the S&P at one point.

About 3% now, the mean should be in the middle, but, global demand will exceed pumping capacity very soon.

No more cheap oil means no more financial fun and games, for fat and happy people in the "western nations".

jesse22

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Re: Gold, Silver and Markets
« Reply #13466 on: June 14, 2022, 09:54:41 am »
I honestly do not understand the PM market even though I have been investing in it for roughly 40 years.  Yesterday, everything tanked, but PM stocks got hit the hardest.  While the DOW was down roughly 3%, PM stocks were down more than twice that amount.  It's mathematically impossible to make any profit on PM stocks if they go down or sideways while the general market is rising (as it did for about a decade) and then they also go down when the general market starts tanking.

Go physical!




 

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13467 on: June 14, 2022, 10:09:58 am »

Oil up $2.50, the big slam faceplants, the Fed loses today's chicken match, off into the weeds, shortpants!

British pound augers thru the pack ice, Kiwi's closing in, Oz too, there goes the empire, only loonies left.

Chart of the day; $GOLD:$USB weekly, is that the... hammerman?
« Last Edit: June 14, 2022, 10:43:56 am by Bigley Gaines »

Pyrite

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Re: Gold, Silver and Markets
« Reply #13468 on: June 14, 2022, 10:50:56 am »
Go physical!--Jesse

Only need fuel to get to the place that SELLS it.
If money can't buy happiness, blow it all on diversions.

AF

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Re: Gold, Silver and Markets
« Reply #13469 on: June 14, 2022, 10:51:15 am »
Post says Barrick's Veladero accused of poisoning water

2022-06-14 06:39 ET - In the News

The Financial Post reports in its Tuesday edition that Barrick Gold is once again facing accusations that its high-altitude Veladero mine in Argentina is releasing toxins into the local water supply. The Post's Gabriel Friedman writes that this follows similar incidents years ago which spurred the country to pass legislation forcing the mine to temporarily close. Located in the Argentine Andes, Veladero is operated by Barrick but it is jointly owned on a 50:50 basis with China's state-controlled Shandong Gold. The mine has faced criticism related to toxic spills in water dating back to at least 2015. On Monday, industry watchdog Mining Watch Canada targeted the company in a rally outside the Prospectors & Developers Association of Canada (PDAC) conference in Toronto, citing an article in Argentine media that reported that the levels of mercury, lead, aluminum, manganese, nickel and other contaminants in the water supply near Jachal, a town near Veladero, have reached levels considered dangerous for human consumption. The article, published in the Spanish language Tierra Viva on June 2, said the level of contaminants in the Rio de Jachal, used for drinking and irrigation, exceeded all previous incidents.

© 2022 Canjex Publishing Ltd. All rights reserved.

 Barrick fired a whistleblower at the same project 5 years ago.

https://www.nationalobserver.com/2016/06/24/news/canadian-mining-giant-barrick-gold-fired-whistleblower-then-they-spilled-cyanide
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mugwump

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Re: Gold, Silver and Markets
« Reply #13470 on: June 14, 2022, 11:00:33 am »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13471 on: June 14, 2022, 11:08:05 am »

Trudy Turdwater has contacted covid again, he feels OK though, 'cause he had his jabs, can you say jam tart?

Why ain't this bought-off doofus wearing a Pfizzer baseball cap backwards on his empty noggin?

Land of the free and home of the brave, that's some kind of empty slogan you got going there, but that's OK.
« Last Edit: June 14, 2022, 11:12:11 am by Bigley Gaines »

AF

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Re: Gold, Silver and Markets
« Reply #13472 on: June 14, 2022, 11:16:27 am »
BG, you have to check this out, Turdy does Ukie food.

https://www.youtube.com/watch?v=-PwOWaKMasA

HoldGold

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Re: Gold, Silver and Markets
« Reply #13473 on: June 14, 2022, 11:17:04 am »
https://twitter.com/GOPLeader/status/1535003805766541312?s=20&t=I4oSzjQ41SnK20aHc8aFmg
Kevin McCarthy
@GOPLeader
The Democrat Party is for lawlessness and the breakdown of society. While they defund the police, violent crime is skyrocketing in our communities. Enough is enough.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13474 on: June 14, 2022, 11:28:03 am »
Thanks, AF, we can defeat this overbearing clown thru scathing mockery, he's a target rich environment.

Jesse22, this like the London Gold Pool days, the miners get squeezed by inflation while the PoG gets capped.

It'll break down eventually, think closing the gold window, these guys are hooped at the end of this movie.

Oh yeah, one more thing, the great Wannaski scalded the gold speculators, this is documented, not imagined.

When the market broke in '87, they were ready, they dumped physical into the market which killed the rally.

There's only two moneys; the coin of the current realm and gold, they know this, so do we.
« Last Edit: June 14, 2022, 11:44:52 am by Bigley Gaines »

Zigg

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Re: Gold, Silver and Markets
« Reply #13475 on: June 14, 2022, 11:52:49 am »
Oh Dear……Tampax shortage….blame the war…😂…

https://www.zerohedge.com/political/watch-now-women-cant-get-sanitary-products-bidens-america

Watch where you step in the checkout line….😉

jesse22

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Re: Gold, Silver and Markets
« Reply #13476 on: June 14, 2022, 12:27:44 pm »
Bigley Gaines;

There doesn't seem to be anywhere to hide except perhaps oil and I clearly remember when oil dropped below zero not that long ago.  Maybe the dollar, but that can't last either.  There just aren't any safe havens anymore.  Everyone is going to take a big hit (except maybe the bankers who always seem to pull a Houdini by magically escaping).  Even investors in money markets, CDs and the like are going to take a big hit due to double digit inflation. 

BigFisherman

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Re: Gold, Silver and Markets
« Reply #13477 on: June 14, 2022, 12:55:15 pm »
He who looses least wins.
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Apollo

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Re: Gold, Silver and Markets
« Reply #13478 on: June 14, 2022, 01:25:21 pm »
Looking for a "Very Wee" bump starting about now & into tomorrow morning & then fade it into the FOMC Announcement. So I've done some buying today, but planning to see most if not all tomorrow morning

permabear1

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Re: Gold, Silver and Markets
« Reply #13479 on: June 14, 2022, 01:32:14 pm »
Reply #13477

Jesse, not impossible but extremely unlikely

https://stockcharts.com/h-sc/ui?s=%24XAU%3A%24SPX&p=W&st=1990-03-27&id=p53211911937

https://stockcharts.com/h-sc/ui?s=%24GOLD%3A%24SPX&p=W&st=1990-03-27&id=p04112153819

https://stockcharts.com/h-sc/ui?s=RGLD%3A%24SPX&p=W&st=1990-03-27&id=p89470645245

I am certainly ready to stop trading gold and silver stocks because I think they will prove to be like 'bleached bones in the desert sun' with these energy prices.

Not too much is going to survive in the way of financial assets with the clusterf*@= we now find ourselves in.

The can will not be kicked down the road any longer.  What the US consumer NEEDS will go up in price and the paper assets that represent US wealth will DROP.

Hambone

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Re: Gold, Silver and Markets
« Reply #13480 on: June 14, 2022, 02:05:16 pm »
PM SHARES:

Many are approaching new yearly lows. Not good.  A new low brings more of the same.  Bullion too is on a knife edge here, fighting Fed rate increases.

I’m waiting.

AF

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Re: Gold, Silver and Markets
« Reply #13481 on: June 14, 2022, 02:28:14 pm »
https://thehighwire.com/videos/thousands-caught-faking-vaccine-card/

 Seen this coming from a mile way. The better plan was to tell the Vax zealots to simply F#ck off and die.

jesse22

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Re: Gold, Silver and Markets
« Reply #13482 on: June 14, 2022, 02:30:24 pm »
Permabear 1.

Yeap.  It feels like the mother of all bears is ready to strike. 

permabear1

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Re: Gold, Silver and Markets
« Reply #13483 on: June 14, 2022, 02:40:32 pm »
Jesse, I have lost one hell of a lot more money in gold and silver stocks than I even made.  Truth be known, I wish I had never seen a precious metals stock.

bufford

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Re: Gold, Silver and Markets
« Reply #13484 on: June 14, 2022, 02:56:01 pm »
Crypto Winter.  18% layoff

https://arstechnica.com/information-technology/2022/06/coinbase-lays-off-18-percent-of-staff-as-ceo-says-we-grew-too-quickly/

Crypto market rout
The Coinbase layoffs came amid a cryptocurrency market rout affecting bitcoin, ether, and other cryptocurrencies. Several other crypto companies announced big staff cuts in recent days. Coinbase's stock price has fallen over 33 percent since May 31.

Coinbase had more than quadrupled its staff over the previous year and a half, according to Armstrong's memo. "We grew too quickly," Armstrong wrote. "At the beginning of 2021, we had 1,250 employees. At the time, we were in the early innings of the bull run and adoption of crypto products was exploding."

But now, the CEO wrote, "We appear to be entering a recession after a 10+ year economic boom," which "could lead to another crypto winter, and could last for an extended period. In past crypto winters, trading revenue (our largest revenue source) has declined significantly."
« Last Edit: June 14, 2022, 02:59:33 pm by bufford »

permabear1

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Re: Gold, Silver and Markets
« Reply #13485 on: June 14, 2022, 03:03:59 pm »
David Icke Lays It Out…In 1996 - Video

https://rense.com/general96/wildc.mp4

26 years ago, a voice crying in the wilderness.

mugwump

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Re: Gold, Silver and Markets
« Reply #13486 on: June 14, 2022, 03:14:53 pm »
AOC ready to dump Biden
https://www.youtube.com/watch?v=wYeQ4g-MyJQ
well duh
the guy's a disaster
the only problem is kamala is waiting in the wings
she has to be dumped too

jesse22

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Re: Gold, Silver and Markets
« Reply #13487 on: June 14, 2022, 03:24:16 pm »
Permabear 1. 

I am right there with you.  Had I taken all the money I've put into PMs and purchased CDs or placed it in money market accounts, I would be substantially better off.  I am not a good day trader, so I don't do that.  I tried trading for a while and really got my butt kicked.  So, most of my PM holdings have been long term.  I still own 2 PM mutual funds that I purchased in the late eighties.  I have been waiting for about 40 years for PMs to have their day in the sun.  We've had a couple of good runs like the move from 2000 to 2008.  However, when compared to most other asset classes, PMs have been a major disappointment. But, I am not getting out at this point--will in all probability, go down with the ship.   

permabear1

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Re: Gold, Silver and Markets
« Reply #13488 on: June 14, 2022, 03:30:16 pm »
I appreciate Denninger because he is willing to call a spade a spade. Both Trump and Biden are responsible for this as well as both republicans and democrats in the House; and first and foremost, the American people.

PPI: Smoking (AGAIN)

That is catastrophic.  Note that the right-most column is wildly above the left -- by about double -- and has been for the entire last year.  While productivity can absorb some of that the fact remains that unprocessed goods are turned into processed ones and then finally into the above table.  This is a direct result of both the Trump and Biden Administration policies -- Trump first with wildly insane money printing and then Biden with not only doubling down on that but in addition declaring war on energy.  Do not for one second think this resides only in the executive; it does not.  In point of fact it is Congress that is primarily responsible for all of it and both sides of the aisle are equally to blame.  Make sure you provide proper thanks to your Congress critter and Suckators for screwing you blind.

https://market-ticker.org/akcs-www?post=246120


Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13489 on: June 14, 2022, 03:38:19 pm »
 

Jesse22, our position never worsens, whereas the one & only competitor is on a mission to save the planet.

This inflation in America is going to push low-income folks into desperation, that's when they'll roll out the UBI.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13490 on: June 14, 2022, 03:45:24 pm »

MK; Iran and India increase ties, working on transportation corridors; looks like Modi's growing a spine.

They're the obvious supplier of NG and oil to India/Pakistan, look at the map, Europe loses again, game over.

Turkmenistan, huge reserves, stranded gas, can't cross the Caspian, so, go south, young man, thru Kandahar.

Now, when it comes to energy, it's every man for himself, the US sales promos get tossed in the round file.

The Indo-Pacific strategy is total farce, so is nater in the South China Sea, they will lose and they know it.
« Last Edit: June 14, 2022, 03:52:52 pm by Bigley Gaines »

Norwester1

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Re: Gold, Silver and Markets
« Reply #13491 on: June 14, 2022, 04:00:05 pm »
13497.....I can think of several posters -- most of them now long gone -- who continually cautioned against holding PM shares, always promoting physicals as the smarter holding. . .I traded SA shares in the early '80's for a while until the volatility got to be absurd with each new work stoppage or rumors of tribal fighting there in the Transvaal....screw it....I switched over to holding physicals and was glad I had, despite the gradual slide in prices as we neared 2000.

Like crazy Dan always shouted out, "Buy Bullion not BS!"...seems he was right....I think kapex constantly suggested the same...

************************************************
Norwester Mike

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13492 on: June 14, 2022, 04:03:01 pm »

Luke Gromen predicts Europe will bail out this winter, sorry, USA, we have to heat peoples' homes, best of luck.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13493 on: June 14, 2022, 04:13:30 pm »

Wayback, it was to be the TAPI pipeline, Shrubco and Unocal was the team to pull it off, another fiasco ensued.

This ain't called the great game for nothing, this one's for all the marbles, including new, improved currencies.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #13494 on: June 14, 2022, 05:03:40 pm »

Joel Elocolin, discusses oil and cryptos at 7:45m, kerereport.com, $20k's gotta hold, shutdowns spell bad optics.

Crazy Dan and bw, NW'er, where are they now, sheesh, we've ridden gold from $252 to $1812 and we're losers?
« Last Edit: June 14, 2022, 05:09:44 pm by Bigley Gaines »
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Erle

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Re: Gold, Silver and Markets
« Reply #13495 on: June 14, 2022, 06:14:53 pm »
Margin Debt Unwinds Further amid Massacre of High-Flying Stocks and Forced Selling
by Wolf Richter • Jun 14, 2022 • 36 Comments   

Margin debt issued warnings starting in early 2021 that the Big S would hit the fan. Folks blew it off.
https://wolfstreet.com/2022/06/14/margin-debt-unwinds-further-amid-massacre-of-high-flying-stocks-and-forced-selling/

He goes light on BTC, but there is still a vast amount of levered longs trying to cover, and they will push it to 18,800 and the firestorm commences. That number is derived from the kill price for big timers like Microstrategy, Nice lists of puked stocks too.
https://wolfstreet.com/wp-content/uploads/2022/06/US-margin-debt-2022-06-14_annotated.png
« Last Edit: June 14, 2022, 06:21:42 pm by Erle »

jesse22

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Re: Gold, Silver and Markets
« Reply #13496 on: June 14, 2022, 06:16:19 pm »
Norwester 1.

You are certainly right.  There have been a bunch of posters who have recommended holding physical versus the stocks.  I wish they had been around when I was buying the stocks.  The vast majority of PM investments I have were purchased before 1995 or before the world wide web went world wide. 

But yes, physical is really the only way to go--no doubt about it.   

wolavka

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Re: Gold, Silver and Markets
« Reply #13497 on: June 14, 2022, 07:21:57 pm »
I'll take the other side of those trades. buying au shares. and now short usd/jpy @ close 3550.  $ will fall and they just may leave rates alone.

permabear1

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Re: Gold, Silver and Markets
« Reply #13498 on: June 14, 2022, 07:34:25 pm »
I can recall my dad telling me around 2004, ten years before he passed that he thought from that point forward, all people running for president would likely be egotistical morons because no one in their right mind would run for that office with how screwed up things were.

I know no that dad was right.  Brandon takes the cake.

Norwester1

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Re: Gold, Silver and Markets
« Reply #13499 on: June 14, 2022, 07:36:43 pm »
Moon walks...no, not faggy Michael Jackson stuff,  but here's proof:
Norwester Mike