Gold, Silver, PM's and Markets

Oh look...some dip-buyers turned-up...Brought GDX back to $80
 
 https://www.google.com/finance/quote/GDX:NYSEARCA

Lots of investors didn't want to be in over the weekend...

 Stocks tumble as losses mount from Iran war impact, Nasdaq enters correction territory: Live updates
 
Stocks sold off on Friday, with declines intensifying into the final hour of the session as traders grappled with escalating conflict in the Middle East and higher oil prices.The selling ramped up in the afternoon, after Reuters reported that Iraq has declared force ‌majeure on all oilfields ​operated ​by foreign ⁠companies.

“If this is an escalation involving troops on the ground, then we’re probably in for at least a couple more weeks of this sort of market of higher oil prices, high gas prices; you’re hanging on every headline about energy infrastructure in the region,” Baird investment strategist Ross Mayfield said to CNBC. “Quite frankly, equity markets haven’t sold off in a way that would reflect this sort of event yet, so there could still be some some downside ahead.”
 https://www.cnbc.com/2026/03/19/stock-market-today-live-updates.html
 

And $68 silver...It's gone !...Meanwhile.. filling up those big SUV, and truck tanks, is going to cost, and arm, and a leg...At least we own a couple of gas sippers.
 
 
US gasoline futures topped $3.20 per gallon, on track for a weekly gain of over 6% and up roughly 30% so far this month, driven by traffic bottlenecks in the Strait of Hormuz. Earlier this week, the conflict in Iran escalated as a series of attacks struck energy infrastructure across the region, heightening fears of deeper supply disruptions. Meanwhile, markets assessed signals that the US may soon lift sanctions on Iranian oil at sea to ease price pressures. Treasury Secretary Scott Bessent noted the move could involve about 140 million barrels and help cap prices over the next 10–14 days. President Donald Trump also said the US has no plans to deploy ground troops, while Benjamin Netanyahu signaled Israel would refrain from additional strikes on Iranian energy facilities. Elsewhere, seasonal demand is adding to the strain as spring travel picks up and refineries switch to costlier summer fuel blends.
https://tradingeconomics.com/commodity/gasoline

More carnage in the gold miners...One of these days they might be bargains, apparently, not just yet.


https://www.marketbeat.com/types-of-stock/gold-stocks/

A is for A-holes

Well, gold finally stopped dropping...and losses have been cut in half. But it would be darn nice if gold would actually go positive for a change.

Right precious metals don't pay interest...But neither does the dollar...But higher interest rates on U.S bonds creates incentive to covert your fiat into the U.S.A.'s to capture those higher returns. The caveat being that the dollar doesn't drop when they print, print, print.Which they will.
 
 The dollar index rose to 99.8 on Friday, after falling 0.8% in the previous session, as the war with Iran continued and prospects for a swift resolution remained slim. Oil prices were volatile but held near 2022 highs, heightening concerns about their impact on inflation at a time when central banks are already adopting a more cautious, hawkish stance. The Federal Reserve left the federal funds rate unchanged on Wednesday. Updated projections still point to one rate cut this year, but policymakers highlighted uncertainty surrounding the economic impact of the conflict and flagged elevated upside risks to inflation. The greenback strengthened broadly, with the most notable gains against the Japanese yen. Despite Friday’s uptick, the dollar is down nearly 1% for the week.
 https://tradingeconomics.com/united-states/currency
 

Huge Silver News! Fed's About to Change Gold & Silver Prices Forever - Peter Schiff

Gold’s strength is increasingly being driven by real interest rates rather than nominal policy decisions. Even without aggressive rate cuts, the inability of central banks to meaningfully tighten in real terms continues to support higher prices for monetary metals.
Peter Schiff, a well-known economist and gold advocate, explains that the current environment remains bullish for both gold and silver despite recent volatility. Silver’s breakout is still intact, while the biggest dislocation is now in mining stocks, many of which have corrected 25% to 30% from their highs. This pullback, however, comes at a time when fundamentals are improving, with expectations of strong earnings driven by elevated metal prices. The key insight is that these earnings potential gains are not yet fully priced into mining equities, creating a potential opportunity for investors looking to increase exposure. In this context, weakness in miners may represent accumulation rather than a warning signal.
Gold’s recent pullback reflects short-term reactions to shifting rate expectations, not a change in the underlying macro trend. Markets quickly sold gold on reduced rate cut expectations, but this response overlooks the more important dynamic driving long-term value.
The key factor is real interest rates. Even if the Fed delays cuts, its reluctance or inability to raise rates meaningfully in the face of rising inflation results in declining real yields. That environment is historically supportive for gold and bearish for the dollar. Inflation pressures remain elevated, and policy responses appear constrained, reinforcing the idea that monetary conditions are still accommodative in real terms. Short-term algorithmic trading and headline-driven reactions can create volatility, but they often miss the broader structural shift. As inflation persists and policy lags behind, gold’s role as a hedge strengthens rather than weakens, with dips representing temporary dislocations rather than trend reversals.
https://www.youtube.com/watch?v=8V4hUr8kcqw
 

Sad news....Actor Chuck Norris has died at 86

https://www.youtube.com/watch?v=7mMlr5KOmSk

Gold and silver sell-off accelerates as inflation fears grip global markets. UPDATED 3 HOURS AGO
 Gold and silver joined a broad sell-off on Thursday.
The metals shed around 5% and 10%, respectively, as fears about the Iran war and inflation gripped global markets.
Mining stocks and ETFs linked to gold and silver also fell.
 https://www.cnbc.com/2026/03/19/gold-and-silver-sell-off-as-inflation-fears-grip-global-markets.html

At least silver is back over $70...Now $70.50

Billionaire Uber co-founder Travis Kalanick admits strategically moving to Texas before California wealth tax
Kalanick says Dec 18 move to Austin was timed 'prior to January' deadline for proposed billionaire tax
 
 
https://www.foxbusiness.com/real-estate/billionaire-uber-co-founder-travis-kalanick-admits-strategically-moving-texas-before-california-wealth-tax

Who needs gold, or silver when you can have dollars instead ?...Answer...everybody
God ain't making any more gold, silver, copper, platinum, palladium, land, or any other natural commodity....Banksters ain't God...They just think they are...
Because they can create money out of thin air.
 
Hegseth says potential $200 billion Iran war spending request could shift: ‘Takes money to kill bad guys’
Defense Secretary Pete Hegseth said Thursday that the Pentagon’s reported $200 billion budget request for Iran war funding “could move.”

“It takes money to kill bad guys,” Hegseth said at a press briefing when asked to confirm the figure, which The Washington Post first reported Wednesday evening.

“We’re going back to Congress and our folks there to ensure that we’re properly funded,” Hegseth said.

MS Now, citing two congressional officials, reported earlier Thursday morning that a funding request of up to $200 billion has been informally raised by the Trump administration, though no official ask of Congress has yet been made.

The figure “has been discussed informally by administration officials,” Sen. Richard Blumenthal, D-Conn., who sits on the Senate Armed Services Committee, told MS Now in a phone interview.

House Appropriations Committee Chairman Tom Cole, R-Okla., responding to a CNBC question Thursday, said he has “not heard anything official from anybody” on the $200 billion number. But he said the figure could also include things that would otherwise be sought in the fiscal 2027 spending bill.

The acknowledgment that a massive supplemental request is in the offing could signal that the U.S. — which has spent roughly $1 billion per day on the war so far, per some estimates — is preparing for a longer fight than the administration’s previously floated four-to-six-week timeline.

Hegseth on Thursday declined to say when the U.S. expects to achieve its objectives in Iran.

“It will be at the president’s choosing, ultimately, where we say, ‘Hey, we’ve achieved what we need to on behalf of the American people to ensure our security,’” he said. “So no time set on that, but we’re very much on track.”

U.S. military operations against Iran, which began Feb. 28, have already cost $12 billion as of Sunday, according to Kevin Hassett, director of the White House’s National Economic Council.

Hassett, speaking on CBS News’ “Face the Nation,” said at that time that he did not think the U.S. needed to ask Congress for more money for the war effort “right now.”
 https://www.cnbc.com/2026/03/19/hegseth-iran-war-budget.html
 

And it's gone !... Again...$70 silver that is.. .
 
 Silver plummeted over 10% toward $65 per ounce on Thursday, its lowest since mid-December, as the precious metals rout deepened amid Iran war-driven volatility and hawkish central bank shifts. Investors recalibrated expectations after the Federal Reserve, European Central Bank, Bank of Japan, and Bank of England all held rates but struck more aggressive tones, warning of inflation risks and economic uncertainty tied to the Iran conflict. US policymakers signaled no rate cuts until inflation clearly eases, with Fed Chair Jerome Powell acknowledging a hike remains possible, though unlikely for now. Markets now push Fed easing to 2027 and price in two ECB and BoE hikes this year, weighing heavily on silver’s outlook.
 https://tradingeconomics.com/commodity/silver

Oops ! Next potential crash will be housing...Another overpriced sector, especially in the Northeast.A lot of those folks have already cashed-in their chips, and moved South...I'm seeing more, and more out-of-state license plates around here. Why live in a dumpy neighborhood, in an old house, that just happens to be worth500,$600K? When you can live down here in a 4 bedroom new house in an upscale neighborhood, and a warmer climate, and cheaper taxes? If I were in their shoes, I would have already sold. And be renting,  waiting for home prices to drop in my new location.

US New Home Sales Collapse By Most In 13 Years In January
THURSDAY, MAR 19, 2026 - 10:09 AM
Despite falling mortgage rates, analysts expected December's drop in new home sales to accelerate in January... and accelerate they did... crashing a stunning 17.6% MoM (-2.7% MoM exp) - the biggest MoM drop since July 2013.

This huge MoM drop dragged sales down 11.3% YoY - the worst slide in three years...
 https://www.zerohedge.com/personal-finance/us-new-home-sales-collapse-most-13-years-january
 

0 members, and 0 guests are viewing this topic? Now everybody is apparently dead...Maybe it's time to go to bed..

Well gold is now up forty-two...But you never know what the monkeys running the zoo will do...

Everything, Everywhere, All At Once WEDNESDAY, MAR 18, 2026 - 06:55 PM
 
 Authored by No1 at Gold & Geopolitics substack,

Let me start with a number.

In 1980, when the Iran-Iraq war disrupted global oil supply, the volume lost was around 4 million barrels per day.

Painful. The world went into recession. Volcker raised rates to 20% to kill inflation. It nearly killed the economy in the process. We called it a crisis and we meant it.

The current Hormuz blockade is running at roughly 20 million barrels per day.



The futures market, in its infinite wisdom, is pricing a quick resolution.

Trump says the war is “basically over”.

His Defence Secretary says it’s “only just the beginning”.

One of them presumably has read the intelligence reports.

The other has a golf course booked.

That’s the pin.

But that’s not the bubble.

 https://www.zerohedge.com/geopolitical/everything-everywhere-all-once

I know...today was a sh^t show.

Why is Gold CRASHING Today? (During a War?) 3 hours ago
While the mainstream financial media is in an absolute frenzy pushing the narrative that the historic precious metal rally is officially dead, the physical market is telling a completely different story. In this video, I walk you through how a massive spike in oil prices terrifying the bond market just triggered Wall Street algorithms to liquidate billions in paper gold contracts.

I break down why this violent crash is a deliberate liquidity flush designed to wipe out late-to-the-party retail investors, how systematic hedge funds are dumping paper trash to drive the spot price into the ground, and the terrifying reality of COMEX registered vaults emptying at record rates. You'll learn why central banks like China and Poland are aggressively hoarding real gold to protect themselves from a U.S. debt crisis, how the physical deliverable supply has collapsed by 31% in less than a year, and why this exact macroeconomic setup mirrors the 2008 financial crisis. This is your guide to surviving the gold shakeout and understanding why avoiding Wall Street leverage traps and securing actual hard assets is your best defense.
 
 https://www.youtube.com/watch?v=8eavAxdQxpM

Meanwhile... $39,016,762,910,245.14 in Debt...but don't worry...be happy...sell you gold...Turn it into into more dollars...That are going up in smoke.
 
 National Debt Tracker: American taxpayers (you) are now on the hook for $39,016,762,910,245.14 as of 3/18/26
Track the rapid rise in the US national debt, and see how much taxpayers (you) owe
The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down in 2026 despite the growing criticism of massive levels of government spending.
 
 https://www.foxbusiness.com/economy/us-national-debt-tracker

Fugly !...DJI • INDEX 46,225.15-768-1.63%---Nasdaq Composite 22,152.42-327.11-1.46%---  But if it's bad for the stock market...It's always multiple times as bad for PM stocks....GDX $88.11-5.85 -6.23%---SIl $87.87-6.34 -6.73%

Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have"

WEDNESDAY, MAR 18, 2026 - 03:45 PM
Last night, ZeroHedge hosted investor Peter Schiff and Rabobank's Michael Every to debate the question: Will the war in Iran accelerate the U.S. dollar’s collapse or is it a geopolitical chess move that could strengthen its hegemony?
https://www.zerohedge.com/geopolitical/schiff-war-going-cost-lot-money-we-dont-have
Moderated by Cornell professor Dave Collum, Schiff - based in Austrian economics - argued that the war will do nothing but harm the American economy via higher prices and interest rates, while the dollar weakens.

Every believes Trump can pull a rabbit out of a hat and come out of this with the U.S. and the dollar in a stronger position. Though, he notes that some measure of economic pain is likely a necessity of war.

Below were the highlights for those short on time but we recommend listening to the full debate, linked at the bottom.

War: An Economic Nightmare
Schiff: “The war itself is inherently going to end up being inflationary… it’s going to cost a lot of money that we don’t have.”

With no plan to raise taxes, the path is clear. “We’re just going to run bigger budget deficits,” Schiff said. This will weaken the dollar while raising interest rates, an ugly combo.

“We’re going to have to borrow more money to fund the war… the Fed is going to monetize that debt because the markets can’t absorb it,” he said. “Interest on the debt is already the number two line item… and pretty soon it’s going to pass Social Security.” Already the Treasury is moving to suppress rising interest rates with the largest buybacks in history.
https://www.zerohedge.com/geopolitical/schiff-war-going-cost-lot-money-we-dont-have

 Today many were compelled to sell...It wasn't compelling...It was smelling......Pee yew ! AGI(41.96 ▼ -8.22%)
 
 Alamos Gold (NYSE:AGI) Presents a Compelling Case for Affordable Growth Investing
By Mill Chart – Last update: Mar 16, 2026
For investors looking to balance the search for growth with a degree of caution, the "Growth at a Reasonable Price" (GARP) method provides a sensible middle path. This method tries to find companies showing good and steady earnings growth, but whose stock prices are not too high. It avoids the speculative excitement that can surround high-growth stocks while also steering clear of the value traps found in cheap companies with no growth. One way to use this method is through systematic filtering, like an "Affordable Growth" filter that looks for stocks with high growth scores, good profitability and financial condition, and a valuation that is not too high.

A recent stock found by this filter is ALAMOS GOLD INC-CLASS A (NYSE:AGI), a mid-sized gold producer with mines in Canada and Mexico. The company's fundamental picture, as shown in its detailed analysis report, presents an example of the affordable growth idea.
 https://www.chartmill.com/news/AGI/Chartmill-44165-Alamos-Gold-NYSEAGI-Presents-a-Compelling-Case-for-Affordable-Growth-Investing
 

Thanks a lot Jerome ! Anyway, I don't understand why the markets tanked even more after Powell's pronunciations...Did they expect him to do, or say anything dovish ? He's on his way out. That should have already been baked into the cake. But I suppose the few remaining optimists thew in the towel.
As I said yesterday....Whenever the Fed banksters come out to play...From gold and silver stay away.....Boy was that an understatement.
 
Dow falls 700 points to new 2026 low as inflation fears rise, Fed keeps rates steady: Live updates

...The Fed kept its fed funds rate in a range between 3.5% to 3.75%, saying in its post-meeting statement that the "implications of developments in the Middle East for the U.S. economy are uncertain."

"The forecast is that we will be making progress on inflation, not as much as we had hoped, but some progress on inflation," Fed Chair Jerome Powell said during a press conference.
The central bank signaled that it still expects one cut this year, however.
 
 1 hour ago--- Dow Industrials breaks its long-term trend
The Dow Industrials
 dipped below a key technical level Wednesday that suggests trouble is ahead.

The Dow Industrials fell below its 200-day moving average for the first time since June 2025. The indicator shows whether the long-term trend in an asset or index is positive or negative.

Investors will watch what happens next for the index, as a close below the 200DMA would be the first for the Dow since June 20, 2025. If traders do not step in as they have in the past, that suggests the index could drop further.
 
 https://www.cnbc.com/2026/03/17/stock-market-today-live-updates.html
 

Fed's Powell to deliver a gut check for markets as stocks climb alongside oil prices By Joy Wiltermuth

Federal Reserve Chair Jerome Powell is due to speak Wednesday on the economy and interest rates for the time since the start of the Iran conflict

Federal Reserve Chair Jerome Powell is due to speak Wednesday for the time since the start of the Iran conflict.

Federal Reserve Chair Jerome Powell on Wednesday could deliver a gut check for investors that sparks more swings in markets, as the Iran conflict drags into its third week.

The Fed isn't expected to change short-term interest rates at its meeting this week, but the central bank's rate-setting committee is due to provide fresh insights about the U.S. economy and the likely path forward for interest rates.

And the Fed chair will be speaking for the first time since the Iran conflict began on Feb. 28, which has Wall Street anxious to hear more about how the central bank's policymakers are feeling about the surge in oil prices so far.

A "no harm, no foul" stance would see the Fed adjust its projections to match what the market is now pricing in, said Jack Janasiewicz, a multiasset portfolio manager at Natixis Investment Management Solutions. That would mean only one interest-rate cut this year and slightly higher unemployment and inflation expectations, he noted.

The big risk, however, would be if Powell starts talking about rate hikes, Janasiewicz said - especially if the Iran conflict ends up trapping the economy in a higher-for-longer environment for oil prices that kills off consumption. That combination "juices up the recession odds," he added.

Read: It was unthinkable a couple of weeks ago, but could the next move by the Fed be a rate hike?
 https://www.morningstar.com/news/marketwatch/20260318124/feds-powell-to-deliver-a-gut-check-for-markets-as-stocks-climb-alongside-oil-prices
 

'She who must be obeyed" doesn't celebrate our anniversary, she goes into mourning.

This didn't help lower the inflation scare either...
 
 
US Strikes Iran Energy Assets, Tehran Vows Retaliation; Iran Intel Chief Killed, Trump Muses On 'Finishing Off Terror State'
WEDNESDAY, MAR 18, 2026 - 09:45 AM
Summary
Israel says Iran's intelligence chief Esmail Khatib was eliminated overnight as pace of top leadership killings accelerates.
Iran says upstream oil and gas assets are under attack for first time since war began, readies retaliatory action against oil/gas assets in Gulf area, including Qatar, Saudi Arabia, & UAE
Iraq reroutes some flows through Ceyhan Pipeline to Turkey
Iran reiterates new rules in place for Hormuz transit as traffic remains de-minimus, sparking reports that "the blockade is now the worst disruption to oil flows ever..."
Iran FM says no change in nuclear posture: vows Tehran not pursuing an atomic bomb.
President Trump issues posts musing whether US should 'finish off' Iran, though Tehran signals continuity & stability of govt.
*  *  *

Iran Plans Counterattack on Gulf Area Energy Infrastructure
Brent crude futures jumped from around $103.5/bbl to $108/bbl following Israeli airstrikes on Iran's South Pars gas field in the Persian Gulf. This escalation in strikes underscores what Bloomberg commodities analyst Javier Blas said: "Both sides are now targeting upstream (i.e., production) oil and natural gas assets."
 
 https://www.zerohedge.com/energy/gulf-energy-reroute-iraq-restarts-ceyhan-pipeline-exports-iran-pushes-new-hormuz-transit

I guess we should, at least, be thankful that we lived to see America in a much better place, permabear. Not that it didn't have its problems. God knows it was hell for many. That being said, no one shot up our churches, or schools..white churches anyway. Kids were healthier, and we had far more freedom.
 
https://www.youtube.com/shorts/7797zxfZBgU

And also gone.....Those early PM-stock gains..
 
 .https://www.google.com/finance/quote/GDX:NYSEARCA

And...poof !...It's gone...$5000 gold, and $80 dollar silver...When the Fed banksters come out to play...From gold, and silver stay away...

 https://tradingeconomics.com/commodities

A new Gallup poll finds that 29% of Americans now say government itself is the country’s biggest problem.

That’s a higher percentage than people who think America’s biggest problem is the economy. Or immigration. Or inflation.

Think about that for a moment. The institution whose entire job is to solve problems has become, in the eyes of the public, the single biggest problem of all.


 https://www.schiffsovereign.com/trends/29-of-americans-have-finally-figured-out-the-problem-71-to-go-154481/

This is BAD NEWS for Silver--  Mar 13, 2026
Silver price is down $6 this week and continues to fall. Why is silver price falling right now?

In this video I talk about silver price crashing about $6 over the past week. Silver price is down and continues to fall lower. Both Gold and silver prices are down today. Silver price is falling because of the lower chances for rate cuts and because of a strong dollar. The USDX is now over 100 and the dollar continues to go up. Inflation is starting to ramp up and is hitting Europe harder than the US which is the reason for a strong dollar. Because of higher inflation the chances of a rate cut are going down. Oil price is extremely high and could go even higher because of the conflict in Iran. Some investors are focusing more on oil than gold right now. I believe that silver and gold could rebound and go much higher than they are right now. Where do you think silver will go from here?

https://www.youtube.com/watch?v=XCszHhKjNak

Why is Silver CRASHING Today? (During a War??)Mar 13, 2026
 
 While the mainstream financial media is pushing the narrative that geopolitical conflict automatically equals massive safe haven demand, Wall Street algorithms are quietly crushing the silver market. In this video, I walk you through how surging oil prices and a blocked Strait of Hormuz just triggered a massive liquidation of paper silver contracts.

I break down why the Federal Reserve is completely paralyzed by the threat of returning inflation, how the spiking US dollar index forces high-frequency trading algorithms to dump paper silver, and the terrifying reality of the Comex paper-to-physical ratio. You'll learn why institutions are deliberately shaking out retail investors, how this exact macroeconomic setup mirrors the 1973 and 1979 stagflation crises, and why physical supply is vanishing while paper prices collapse. This is your guide to surviving the silver shakeout and understanding why stagflation is the ultimate catalyst for precious metals.
https://www.youtube.com/watch?v=AJwveOCgJwM
 

Why Wheaton Precious Metals CEO Randy Smallwood remains bullish on gold long termRandy Smallwood, CEO of Wheaton Precious Metals, joins ‘Money Movers’ to discuss the company’s latest earnings report, investing into metals amid uncertainty, and more.4 HOURS AGO
https://www.cnbc.com/video/2026/03/13/why-wheaton-precious-metals-ceo-randy-smallwood-remains-bullish-on-gold-long-term.html

Pentagon Sends Marine Expeditionary Unit To Middle East, Oil Spikes On Ground War Fears
FRIDAY, MAR 13, 2026 - 11:05 AM
Summary:
Iran reportedly approves Indian government sending two liquefied petroleum tankers through Hormuz
Japan-based USS Tripoli and its attached Marines headed toward Middle East
WSJ says Pentagon sends Marine expeditionary unit to Middle East. Oil jumps higher
Pentagon has just confirms two additional deaths in Thursday's downing of a KC-135 refueling tanker aircraft over Western Iraq: all six US crewmembers are deceased.
Trump and the Pentagon claim the US and Israel are "totally destroying" Iran as the war enters day 14, with Trump warning Tehran to "watch what happens" and "I am killing them" and "what a great honor it is to"
Iran’s new Supreme Leader Mojtaba Khamenei is reportedly alive but wounded, "damaged," and "disfigured"
France and Italy open talks with Iran in hope of securing safe Hormuz Strait passage, FT reporting
Hegseth briefing: US and Israel have hit more than 15,000 enemy targets since conflict began
Several senior Iranian officials have been openly marching through the streets of Tehran today even amid smoke from US-Israeli bombing lingers in background.
CENTCOM: four of six crew members aboard a US refueling aircraft that crashed in Iraq have died. Active search and rescue operation underway
Strategic risks remain high as Iran reportedly begins laying mines in the Strait of Hormuz, though oil eased slightly after India said one tanker successfully exited the strait.* * *
 
 
 https://www.zerohedge.com/geopolitical/us-says-ayatollah-wounded-disfigured-while-other-iranian-leaders-defiantly-march

People wonder why Trump attacked Iran ? But the simple answer was that even a nuclear arms agreement would not stop Iran from producing more drones, and ballistic missiles, overwhelming tiny Israel's defensive ability. Trump loves Israel. He wasn't going to allow such a possibility.

Crude is now up to $97... It's taking everything down now...Even bitcoin's gains are withering away. The almighty dollar, and oil are the safe-havens.
 
https://tradingeconomics.com/commodities

As I said earlier... The banksters are forcing investors into selling their PMs by constantly hitting lowered stops...You have two choices..Take much lower profits, pay the taxman, or watch them drop even further, and wait for gold to kick higher again...Remember the banksters prediction of $6000 gold ?... Was it a ruse, to bring in more suckers ? Did they want cheaper PM stocks, believing their own predictions ? Will they recover on great 1st quarter earnings ? Will the war turn sour, more than it already has ? Lots of questions, and the so-called experts have lots of answers. Somebody is going to be right, and somebody is going to be wrong. Meanwhile the PM stocks continue to drop like rocks.GDX is now down 5%. And dip-buyers are nowhere to be seen.

And you can't say the PM stocks are being dragged down with the rest of the stock market, because the DJIA is up 237 points the NASDAQ 109.

PM stocks are stinking the place up again...You're almost force to sell. They go down even when the metals go up....everyone of them ..every damn day !
 
 
GDX is down over 3%...With gold up 10 bucks...0.25%. The silver stocks are actually doing better than the gold stocks..SIL is down 2.54%. Silver down 1.7%....Pee yew !

Could China Send Silver to $200? — Interview With Eric Yeung--2 hours ago
The interview discusses a significant drop in oil reserve premiums, noting that Sinopec's request to tap 95 million barrels of national commercial oil reserves was rejected by the Chinese government. This event, coupled with a perceived divorce in the market, is expected to cause a squeeze on silver prices, potentially leading to a Super Prize 5 scenario. We analyze the latest silver news and oil prices, considering how these shifts impact commodities and energy security, offering a silver price prediction for the near future.
 https://www.youtube.com/watch?v=1jM-f33jEoY

WEDNESDAY, MARCH 11, 2026
Paging Nostradamus: You Have a Margin Call

If conditions change beneath the surface, the folks behind the curtain will be powerless to do anything but make it worse.

This just in: predicting is hard, especially about the future. One solution is ambiguity: couch predictions in poetic allusions that are open to interpretation.

What's hard is making an unambiguous prediction that turn out to be correct. Recency bias often trips us up, as making predictions based on projecting the recent past seems to work well until trends and dynamics change. But due to recency bias, we tend to ignore these signals and focus on whatever supports our belief that the future will be a continuation of the recent past.

If we live long enough to experience several epochal transitions, we start noticing longer-term patterns. One such pattern that attracts little attention is that recessions tend not to replicate the previous recession; they tend to follow the recession before.

So the recession we'renow entering won't track the 2008-09 recession, it will likely track either The 1991 recession--shallow and brief--or the previous "real recessions" of 1980-83 or 1973-75.   
 https://charleshughsmith.blogspot.com/2026/03/paging-nostradamus-you-have-margin-call.html

Same old thing...crude up...dollar up...stock market crashing...gold down...silver down....PM stocks down again...Pee yew !

CPI Steady as Inflation Keeps Increasing March 12, 2026 Mike Maharrey
 
The headline Consumer Price Index was steady in February as inflation continues to rise.

How could this be?

Because the CPI doesn’t measure “inflation” (as properly defined). It simply reflects the price movements of a basket of goods dreamed up by the BLS. Yes, this does give some indication of the trajectory of price inflation. However, price inflation is just one symptom of monetary inflation.
 https://goldseek.com/article/cpi-steady-inflation-keeps-increasing

Dow dives 500 points as oil jumps, Iran says it will keep Strait of Hormuz shut: Live updates
...Energy Secretary Chris Wright told CNBC Thursday that the U.S. Navy is “not ready” to escort oil tankers through the Strait, though he said it will likely be able to do so by the end of the month. Traffic there has practically reached a standstill as the conflict in the Middle East escalates.

Overnight, three additional foreign vessels were hit in the Persian Gulf, according to authorities. That comes after three separate ships, including one in the Strait, had been struck Wednesday.

U.S. forces on Tuesday sunk 16 mine-laying Iranian ships near the Strait. Insurance company Chubb was announced as the lead underwriter for a U.S. government-led program to provide insurance to ships attempting to traverse the key passageway.

“Iran’s strategy of sowing economic chaos in the Gulf is working as tankers come under attack and Hormuz stays shuttered, pushing Brent up toward $100,” said Adam Crisafulli of Vital Knowledge. “The U.S. and Israel have military dominance and Iran’s missile/nuclear programs may be degraded, but Tehran’s hardline [government] is firmly entrenched, and it’s plan now seems to be leveraging oil to push Trump further down an offramp.”

To help ease energy costs, Wright said late Wednesday that the U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve. It will take about 120 days to deliver the fuel.

The International Energy Agency also on Wednesday agreed to a coordinated release of 400 million barrels of oil in an effort to combat the supply disruption caused by the war. Oil prices remained higher in the previous session, however, amid worries that the conflict could be drawn out.

President Donald Trump earlier this week said that the war will end “very soon,” which had caused a reprieve in surging oil prices after they topped $100 a barrel.
 https://www.cnbc.com/2026/03/11/stock-market-today-live-updates.html

Why America is Losing the War With Iran (w/ John Mearsheimer) | The Chris Hedges Report
 
 https://www.youtube.com/watch?v=sl-sSsZnSP8

Ron Paul Fears The Dollar Will Be A Casualty Of The Iran War?Authored by Ron Paul,WEDNESDAY, MAR 11, 2026 - 05:40 PM
President Trump’s unconstitutional and unjust war against Iran is setting back his “affordability” agenda. The war has caused a big rise in gasoline prices. Among the related concerns is the hindering of the movement of oil through the Strait of Hormuz, the only available passage for ships to transport oil from the Persian Gulf.
 The increased costs will do more than raise prices at the pump. An increase in gas prices brings increased transportation costs that will be passed along to consumers. Prices of a variety of goods, including food, will increase.
No wonder Energy Secretary Chris Wright, White House Chief of Staff Susan Wiles, and other Trump administration officials are frantically working to develop policies to lower gas prices. One possibility under consideration is deploying US troops to try to ensure ships can pass through the Strait of Hormuz. This could turn into a permanent deployment of US troops.
According to the Center for Strategic and International Studies, the US government is spending about 891.4 million dollars a day on the Iran War. These costs are likely to increase as the war drags on and the US increases its military presence, possibly even putting boots on the ground in Iran.
According to numerous media reports, the Trump administration is preparing a 50 billion dollars “supplemental” funding request for the Iran War. This request will soon be sent to Congress. This funding would be added on top of the defense budget.
The supplemental bill is likely to pass with overwhelming bipartisan support. The Trump administration’s 50 billion dollars price tag is a floor, not a ceiling. Senators and Representatives will seek to add their spending priorities to this “must pass” legislation, while corporate lobbyists are no doubt already preparing “wish lists” to present to lawmakers.
The costs of the Iran War will further increase the already over 38 trillion dollars and rising national debt.
The rate of increases will be greater as long as the government is spending almost a billion dollars a day, or more, on a regime change war in Iran.
 https://www.zerohedge.com/personal-finance/ron-paul-fears-dollar-will-be-casualty-iran-war
 

Something that rarely happens happened, even when gold had worse days. Every one of my stocks was down today....Pee yew !

World News
WWIII Alert! Russia Accuses Britain Of Participating In Deadly Ukrainian Strike
by Kelen McBreen
March 11th, 2026 2:09 PM
 
 Kremlin spokesman Dmitry Peskov told reporters on Wednesday that Russia will “take into account” Britain’s role in a recent attack on the Russian city of Bryansk that resulted in six civilian deaths and 37 injuries.

Ukraine’s military hit a Russian missile plant in Bryansk on Tuesday, and the Russians say the UK clearly assisted in the strike.

“It is obvious that ⁠the launch of these missiles was impossible without British specialists,” Peskov said. “We are aware of this, we know it well, and ‌we naturally take it into account.”
 
https://www.infowars.com/posts/wwiii-alert-russia-accuses-britain-of-participating-in-deadly-ukrainian-strike

The PM stocks are consistent today...Constantly stinky right out of the gate....GDX is down 2.5%..While gold is only down 0.23%...Pee yew !