Politics

Gold is holding north of 3800 USD an ounce today. That is sort of cool for my doomsday stash, but not exactly a vote of confidence in the US economy.
 
I concur... lots of reasons... on both sides of all aisles involved..

We can blame Trudeau.. we can blame Trump.. we can blame Macron.. we can blame Tony Blair.. we can blame Merkel.. we can blame the EU.. or NATO.. or Russia.. or China.. or anyone/everyone we can possibly come up with.. the truth is they all have shit on their shoes.. who tracked the most shit indoors on the carpet is really just a matter of perspective..
My perspective is that Putin and China has stolen the carpet and everyone else is wondering why there standing on the bare boards:unsure:
 
A weak dollar is not good. But It’s even worse than that.

China has been on a gold buying bender for at least 10 months. The long term plan is to dethrone the Dollar.

If China holds more gold than the U.S. than their currency will be thought to be more stable because of those gold reserves.
 
A weak dollar is not good. But It’s even worse than that.

China has been on a gold buying bender for at least 10 months. The long term plan is to dethrone the Dollar.

If China holds more gold than the U.S. than their currency will be thought to be more stable because of those gold reserves.
And other shenanigans to be pulled, back during the subprime meltdown several European banks bought gold bars from China only to find some of them had tungsten cores.
 
The possibility of life in prison. Sentencing on Dec 18.
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Gold is holding north of 3800 USD an ounce today. That is sort of cool for my doomsday stash, but not exactly a vote of confidence in the US economy.
wished i had stocked up a bit more, a year ago
 
wished i had stocked up a bit more, a year ago

I do wonder how much gold China has actually purchased. Across a variety of credible sources, they state that China has used clandestine straw purchasers to acquire far more than the 1300-ish metric tonnes they officially state are their reserves.

Why does this matter? I cannot make sense of the gold market. I'm invested in both Gold and QQQ/SPD. Gold should go up or down in inverse relationship with the total market indices, yet they both have been going way up. So either A.) Inflation is artificially pricing their increases in parity, or B.) Gold demand is far higher than it should be in a flourishing global stock market.

Some experts have concluded that China is going to try to corner gold so that they can be the spear point for de-dollarization. Russia and Turkey have bought a great amount of Gold in recent years as well.
 
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Bit of a 180. I can't decide if he actually wrote this or it is by a member of the staff trying to sound like him. Or maybe he finally started to listen to those intel briefs and / or LTG(R) Joe Kellogg.

https://truthsocial.com/@realDonaldTrump
@realDonaldTrump


After getting to know and fully understand the Ukraine/Russia Military and Economic situation and, after seeing the Economic trouble it is causing Russia, I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form. With time, patience, and the financial support of Europe and, in particular, NATO, the original Borders from where this War started, is very much an option. Why not? Russia has been fighting aimlessly for three and a half years a War that should have taken a Real Military Power less than a week to win. This is not distinguishing Russia. In fact, it is very much making them look like “a paper tiger.” When the people living in Moscow, and all of the Great Cities, Towns, and Districts all throughout Russia, find out what is really going on with this War, the fact that it’s almost impossible for them to get Gasoline through the long lines that are being formed, and all of the other things that are taking place in their War Economy, where most of their money is being spent on fighting Ukraine, which has Great Spirit, and only getting better, Ukraine would be able to take back their Country in its original form and, who knows, maybe even go further than that! Putin and Russia are in BIG Economic trouble, and this is the time for Ukraine to act. In any event, I wish both Countries well. We will continue to supply weapons to NATO for NATO to do what they want with them. Good luck to all!

DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA
 
I do wonder how much gold China has actually purchased. Across a variety of credible sources, they state that China has used clandestine straw purchasers to acquire far more than the 1300-ish metric tonnes they officially state are their reserves.

Why does this matter? I cannot make sense of the gold market. I'm invested in both Gold and QQQ/SPD. Gold should go up or down in inverse relationship with the total market indices, yet they both have been going way up. So either A.) Inflation is artificially pricing their increases in parity, or B.) Gold demand is far higher than it should be in a flourishing global stock market.

Some experts have concluded that China is going to try to corner gold so that they can be the spear point for de-dollarization. Russia and Turkey have bought a great amount of Gold in recent years as well.
Not sure how much gold China has including mines in Africa as potential output, but Nevada and that's not even counting the gold still in the ground is rated as a world class gold source and has produced well over 3million troy ounces in modern times with more than that in estimated reserves still in the ground. most all of the companies mining are Canadian owned. IM not familiar with numbers that large ,but at 3800 $ an ounce {troy} , X 3 mill, is a chunk of change, so if Trump decided to Tariff Canadian mining companies in Gold I suspect we would be the worlds largest holder. Gold is like the stock market, its worth is what people say it is and will pay . { simplistic ] but unless the gov. steps in and sets the price its a free market value based on peoples fear or confidence.
Heck I know where there are old gold ,silver and copper mines from the 1800s still sitting idle some have steel gates on them some dont and some are on maps and some aren't. My wife and I have explored around and found alot of old mines so the resource is no where depleted considering modern mining technics.
On a side note I read that a world class lode of rare earth has been discovered in Wyoming so that is taken care of also , besides our oil reserves , gold reserves and food producing farms, and ranches we are blessed if we could just solve our idiot woke problem!
 
Not sure how much gold China has including mines in Africa as potential output, but Nevada and that's not even counting the gold still in the ground is rated as a world class gold source and has produced well over 3million troy ounces in modern times with more than that in estimated reserves still in the ground. most all of the companies mining are Canadian owned. IM not familiar with numbers that large ,but at 3800 $ an ounce {troy} , X 3 mill, is a chunk of change, so if Trump decided to Tariff Canadian mining companies in Gold I suspect we would be the worlds largest holder. Gold is like the stock market, its worth is what people say it is and will pay . { simplistic ] but unless the gov. steps in and sets the price its a free market value based on peoples fear or confidence.
Heck I know where there are old gold ,silver and copper mines from the 1800s still sitting idle some have steel gates on them some dont and some are on maps and some aren't. My wife and I have explored around and found alot of old mines so the resource is no where depleted considering modern mining technics.
On a side note I read that a world class lode of rare earth has been discovered in Wyoming so that is taken care of also , besides our oil reserves , gold reserves and food producing farms, and ranches we are blessed if we could just solve our idiot woke problem!
ore sample we picked up
 

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Not sure how much gold China has including mines in Africa as potential output, but Nevada and that's not even counting the gold still in the ground is rated as a world class gold source and has produced well over 3million troy ounces in modern times with more than that in estimated reserves still in the ground. most all of the companies mining are Canadian owned. IM not familiar with numbers that large ,but at 3800 $ an ounce {troy} , X 3 mill, is a chunk of change, so if Trump decided to Tariff Canadian mining companies in Gold I suspect we would be the worlds largest holder. Gold is like the stock market, its worth is what people say it is and will pay . { simplistic ] but unless the gov. steps in and sets the price its a free market value based on peoples fear or confidence.
Heck I know where there are old gold ,silver and copper mines from the 1800s still sitting idle some have steel gates on them some dont and some are on maps and some aren't. My wife and I have explored around and found alot of old mines so the resource is no where depleted considering modern mining technics.
On a side note I read that a world class lode of rare earth has been discovered in Wyoming so that is taken care of also , besides our oil reserves , gold reserves and food producing farms, and ranches we are blessed if we could just solve our idiot woke problem!

Just facts, no comment. The USA has over 8000 metric tonnes above ground. The total mined in human history is around 244,000 metric tonnes. China claims they have 1300, but valid financial journals claim they’ve been buying and mining way more without formal disclosure.
 
The media stated that Ryan Routh appeared to try stabbing himself in the neck after the guilty verdict was announced
 

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