Gold, Silver, PM's and Markets

Hey, PB1...You know the story...we have them where we want them...the back pocket.

Shame, Neils Christensen has got a crappy job--he's got to put lipstick on the pig every day.

Dahab...You (and others?) may find the clear plastique ruler approach useful, to me it's a source of mirth. How can any credible projections be based on it? Perhaps you can point out my error?
Anyways, my words are in the nature of gentle joshing. If you find that unacceptable, where in heaven dare we express an opinion on POG projections?

16668 ZIG ...horrors of war...

Gut-wrenching to see close up the real action...How many of the politicos trying to shove more and more weapons/ammo into the war zone will even glance at this? What sort of people make it to the top up the heap of stinking human ****? Trudy boy and that frog ponce  should be shoved headfirst into it. As for Biddet, he should just spend his days on one.

16311..if you don't get it, methinks your plastique ruler is big mote on your
eye. Chuck it out!
I don't think any ruler would help...common sense prevails, science or the market place.

PS There  ain't any silver bullet to slay the market dragon.

Macron made a morality mistake --Netanyahu

Shame on you. Did you stumble thru' your postgrad philosophy course at your fancy college? And you a president too?!
Can't you identify the permissible type of baby killing?

Hey, NW...can you can it?  Or, at least, put your plastique ruler away? You are starting to sound like the black crow cawing bad news outside the dark window.

Dispatch from the trenches.
Shanghai 2021.73
Comex 1948.60
Mayday...mayday...
We need reinforcements....Send NW's clear plastique ruler.

Them Boyz of Noo Yark must be livid- Shanghai POG is at 2022. So they kicked ol' Yella. That's all you need to know, forget the gurus' pontifications.

"Corrective selling..." Is this another example of rules-based-conduct in the world? Where can I read the rules?? Then, maybe, I will be able to point a finger--you guys missed the law! Now suffer the consequences, you undisciplined rules-breakers!

HMM..USD 1930... ? Provided the present rate of change can be extrapolated linearly over the span of 1 week. A tough call in today's unsettled whirld. Do chartists possess a French curve for a ruler?

ROAN 15170.

That was a great piece on how to influence. Sort of like blaming the weakling for why he's always beaten up.

Chin up, Forum members and lurkers. The drop in POG is nothing more than a 'routine correction'. Who'd dare question the experts on KITCO?! Routine... Whew... That's a relief. It's good to know this rules-based new whirld-order has a comforting word for ever ailment. So where does that put the chartists?

What happened behind the curtains? Has somebody discovered that gold has value beyond being a pet rock?

Was that a on-the-road-to-Damascus moment?

Bufford @751
Not a very charitable thing to say about biblical people who have been beaten from pillar to post for the past 75 years by a non-biblical Turkish tribe invader.

Do you know any history?

Fredd...
thank'ee nice squire...touch my forelocks, sir.

I must ask the next one I come across...a transvestite...
What would that thingee  be, sire?
Never seen them in these parts. (Are they common  in  'Murica?)

Cherokeee....

Over the past 20 years of Kitco forums, Fredd has been the ghost reincarnation of GURK, KRUG, Fred. and now Fredd...Some phsyco ... sloshing about on  barge in some backwater of OZ/SE Asia...Ever so condescending..

HoldGold

I went to your promised Socrates Computer predictions...all I got was a reduced blank screen crowded with flashing advertising, blurbs, hook of adults only, etc...SO WHERE THE HELL IS THAT SOCRATES PREDICTION?!!

I must agree with Pyrite and PB...it's a strange whirld, master jack....

Hmm..is that dictator of the dirty garage yard more mindful of his subjects voices than the white bastion of democracy?
...
PS I see the Boyz of New Yark are shovelling sand to block the receding waters from revealing their debauchery...

ROAN@10677- No. The purple-flowering season starts in early spring (beginning of September here). The foliage stays intact through winter. The one I write about is old and sturdy enough to withstand any man-to-man tussle with any assault tank from Ukraine. 

5 people talking and 61 listening in, uninvited and silent and lurking? What sort of human conduct is that? Disgusting and unacceptable in any company. if you're AI, may all your chips burn out.

Is there a language competency test for financial scribes?
This hack who wrote: "Turkey is selling off its gold reserves to meet surging domestic demand"
didn't know the difference between a stressed seller selling off all or part of his assets at a low price, and a CB calling on gold to come to the rescue. (Turkey sold 10 tons gold of its hoard of 580t to relieve the pressure on its foreign exchange.) Maybe he did, but his phrasing was preferred for reasons not hard to guess.

Gentlemen of the forum (or, should I say, Madame et Monsieur?)...I see these waterfall drops in POG as the final desperate graspings of a drowning man in the midst of a tsunami of financial woes. Poor guy...whatever straw he clutches, it won't give him the buoyancy he wants.
..Enter right. Band playing the funeral dirge.

Hmm... that Ozzie with a permanent case of distemper has spoken again.
Alas, his condition has not improved.

.."and 43 Guests are viewing this topic'...So who are these nameless hangers-on ? Have they stumbled on a fountain of wisdom?...I would say no. So why are they hanging on...these ultimately useless people for the common good...?
Today, you have to ask, are they AI or real? Ex-tech boss of Google  questions AI  for 'emergent' (deviant) traits...(that we don't know how its arises). Welcome to the Brave New World ( a phrase coined at least 80 years ago.)

ROAN..."So who is the culprit?.....
"Not sure I agree with your association with the problems. I lean stronger to Russia, China, C I A. for example. It is like all the fires that have been happening to food processing and oil facilities..."

Could you please clarify for me the content if your above statement? What do you mean lean....?
Are those named parties responsible?

Ta

From '55 to  '65 in minutes?! What happened? Did the bottom fall off the whirld?

"Home sales up 14.5%" In my view, this statistic is rootless by itself. Consider the following (hypothetical) case: One month, a million millionaires decide to decamp and put up their homes at 50% discount. Would this surge in home sales  still be considered a  good (financial) sign? Home sales could involve bargain hunters and distressed sellers...Rootless statistic without further qualification.

Cheers, gentlemen, from under the jacaranda tree, an early sundowner in my hand (3.30PM here) and thinking how topsy-turvy the whirld is. Here we have SU-pilots sharpened over the year in or near frontline conditions 'pissing' on a drone, and in the other corner, fighter pilots shooting down birthday balloons.

The sundowner? A man's got to keep his head somehow, what with bank collapses, Sunday night auctions, gold's spurt, stox deep in the red...and the talking heads making out as if the drone was a suffering victim of some dastardly deed! I ask you, what is the whirl coming to???
Cheers.

Call the behemoth back! Give him another strawman of expectations to kick to pieces!
Feed the chaff to the runaway train of POG.

BS Spotter.....your childish ad hominem attacks are risible.

@Bull.....So, let's get this right. The provenance of anything you say cannot be verified 'cause you prefer to hide behind the curtain, expect the reader to do the spade work, or 'cause you are contributing to the bull muck?
Tomsue
Ta

I see the Forum has acquired the services of a bull muck spotter. A bit strange... seeing that many here have spent a lifetime making their way through that muck.

A. our resident war expert...Could you remind me how many draft dodgers absconded to Canada at  the time of 'Nam? Was that in defiance against a tyrannical leader and his demonic desire to subjugate a foreign country? I am struggling to understand tyrants and unjust wars. Ta.

Someone else who needs to adjust their thinking cap is that armchair general of geopolitics.
Ta.

LSteve...
I wasn't in any way a angling to silence A.

My opinion of his wavelet predictions are known (for reasons he can't refute). Be that as it may. It is not of importance to me.

But when he  ventures into geopolitics...now, that's another story. Unless you ban the airing of such stories, I will continue to point out his errors. You might have gathered, I am not a believer in 'my stupidity is as good as your knowledge'.

Cheers, I think I shall indulge in a second slivovitz.

Sad to see you so limited in your thinking. Maybe it's them shackles imposed  by the inexplicable march of wavelets...addles the brain...
Give up on Rus/Ukkie. Your comprehension is trivial.
... 43T? So why the eff are they struggling to supply gun ammo? Huh?...Is that how you win wars? And can they match the hypersonic new dimension of  war? Ask France, UK, Germany...huh?

(Sorry Steve --or whoever is in oversight--some obnoxious stupidity is just beyond endurance. This ain't the ladies knitting club after all.)

I see the financial scribes are going ga-ga over a PMI number that came in at X.7% in place of the 'expected' X.4%. The level of ignorance  in financial circles is mindboggling. Why does it take a  physicist from S'Africa to point this out? For starters, how credible is their technique of measurement? They confuse precision with accuracy, have no idea of significant numbers, reporting numbers, estimating probable error and giving confidence bands at 50-90- 95-99% level. Ignoring all these issues, the utterances of the scribes are worthless (absolutely),  and as not being on paper (mostly) they cannot even serve to wipe your arse.
Weather holding (we've been getting an overabundance of rainfall), it is time to call for a slivovitz under the jacaranda tree!

Cherokee-ee...that EPPRSON guy with 5G in 1989...

Either hindsight gives you 20-20 vision OR he's a time  traveller who quickly scuttled back to 1989 after visiting 2022!
Then again, as quantum mechanics says, all possibilities are real, my choice is that  he's  a  humbug.

Financial scribes are once again getting their knickers in a knot about what that guy Powell might (or not) say next....

The question: did the RB's of the world wait for that guys words, nod, wink and a nudge...to by 1300+ tons of gold last year?

I don't think so. So why are we so beholden to this guy?

...that 'murica is cowering in fear of...
...a display of 19th century physics,,, somebody forgot to teach in HS. Textbooks  (I've seen at college level) is all about cutesy little pictures  of mud-coloured little girls running to catch the ball...

I see all the peasants and their pitchforks are out in force to make sure the Lord gets his fill of  POG at a good price. After all, that is their duty...(or else!)

Will the Feds stop gold's run?...Gold declines in light  of the report that....Gold rally look exhausted.......Thee gold bull is looking a bit tired...Gold to be the hardest hit commodity....A (gold) correction would be healthy...

Just dipped my hat in today's finance headlines...
Does anybody ever show love to this down beaten urchin?

Must be the influence of  Ukraine ... who in  the whirld (the 'bent hockey sticks' (?) knows what's going on in the front lines? 'Cept there are truckloads of dead coming outa there. Otherwise all's well. Some are counting garlic, some the squirrels to shoot, some digging fallow ground for spring planting...  all we need is the Sunday morning pealing of church bells, and we'll know all's well, and what could be amiss in God's world?

'Gold sees routine profit-taking, downside correction '''

If gold is such a hapless investment instrument, prone to profit-taking by outside 'authorities',
correction by waves and Fibi-whatevers, news and no news, ...why would it be kept on life-support for such  long time? If it is so useless and weak, why would financial writers, wires, financial  media, etc...bother with it? ETFs don't want it, CBs deny if not its existence, its utility...phys. gold buyer are idiot contrarians, minorities and  tin-hatters...

Isn't it time to decently put its corpse in a coffin and send it back to  ...?

ROAN--your report on West Africa life and cities. I accept what you say about the throbbing life of Africa, but have you any comparison with South Africa, Johannesburg and Cape Town?
I dare say Sandton (greater Jo'burg) is the finance capital of Africa. Regarding Paris, I spent 3 months in Paris on business 40 years ago, and even then as a callow youth I found it disappointing, suspended on a  myth of French cuisine and gay Paree...I dare say too that I experience greater cohesion and rubbing-of-shoulders of all racial types in the suburbs of Jo'burg than in any European city...(or USA?)

Please send your take on wave 5 of (1)...My hand is getting mighty sore  thumping the wood... Ta.

NW-Thanks for your words...so we're puppets on a string...and the PTB pulls the strings?
Not that it is a surprises me...has been so ever since the early KITCO days...the incubator
of contrarians!
So, what are we to do in our dotage? (I don't mean that literary, of course...)

I am waiting for that CUFU that people more informed than I are painting on the wall...

American markets are like Kremlin politics. If you don't know what I mean, put on your thinking cap.

(Apologies to WOLAVKA)

...heating up.

Intel Slava Z

🇷🇺🇺🇦 Ukrainian publics report that as a result of Russian strikes, there is no longer an ice arena in Druzhkovka (part of the DPR under the control of Kiev). This is not entirely true. Druzhkovka no longer has a platform for unloading military trains. According…

🇷🇺🇺🇦❗️Up to 120 Ukrainian servicemen were destroyed during the missile and air strike of the Russian Armed Forces on the accumulation of military equipment in the area of the Druzhkovka railway station in the DPR — Russian Defense Ministry

As a result of the strike, two HIMARS MLRS launchers, four Czech-made RM-70 Vampire MLRS combat vehicles, as well as more than 800 rockets, six vehicles were also destroyed, the ministry said.


18.5K views13:49

Tit for tat for those HIMARS on New Year's night.....