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Manic monday beatdown on metals

AurumAg

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And there are the weekend numbers.
 

solarion

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The dollar buys more Euros...so yeah, obviously it should also buy more gold and silver. /sarc
...of course when the dollar buys fewer Euros it also buys more gold and silver.

At least the dollar index gives people something to point at to dismiss the rampant market rigging in the PM and debt markets. "ZOMG interest rates are at a 1 year high...after dropping for 40 years!"

Fake markets are fake.
 

southfork

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A paper market beat down without gold and silver leading the way, how odd, the only way to win is not to play
 

southfork

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Silver holding with pending announcement on rate increase which equal inflation, perhaps, just perhaps
 

the_shootist

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Silver holding with pending announcement on rate increase which equal inflation, perhaps, just perhaps
Upside down, bizarro world
 

solarion

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Silver holding with pending announcement on rate increase which equal inflation, perhaps, just perhaps
I take that to mean the market has zero confidence that rates will actually be allowed to rise to 6.8% ...the government's bs price inflation number...let alone the 15% clip inflation is really running at.

Perhaps people are finally beginning to question the fed's silly narrative after they've lied continuously about price inflation...really since there has been a fed(109 years).
 

the_shootist

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I take that to mean the market has zero confidence that rates will actually be allowed to rise to 6.8% ...the government's bs price inflation number...let alone the 15% clip inflation is really running at.

Perhaps people are finally beginning to question the fed's silly narrative after they've lied continuously about price inflation...really since there has been a fed(109 years).
it shouldn't take much longer than another 109 years to actually do something about it. I'm hopeful none the less
 

Casey Jones

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it shouldn't take much longer than another 109 years to actually do something about it. I'm hopeful none the less
You don't think this macabre circus can continue more than a few years, do you?

Money-printing without check, cannot, historically, go beyond about eight years or so. When the productive people in that economy are then fired from their jobs, for refusal to poison themselves...and shortages of labor and material then abound...how much longer can THAT go on?

I say, at TOPS, two years. Frankly, I hope for months, now.

That's right. I say, HOPE.

Why? Because the Jab insanity won't stop until the dollar collapses. When that happens, it DOES stop. Immediately. Because, of course, this is being driven by FedGov Free Money for the lizard-men at Pfizer and Moderna, etc.

That's really the only salvation left...a complete nuking of the economy.

I'd rather risk dying of starvation than of the Clot Shot...
 

southfork

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WTF metals going up???
 

Casey Jones

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WTF metals going up???
Preliminary CPI figures trickling in.

Don't worry...the JPMC metals-desk manipulator may have the afternoon off...but, either an algo at 0330 EST or else the manipulating clerk, tomorrow at 0800...will hammer it down with a blizzard of derivatives-dumping.

Probably drive it down to $1700, just to get the point across.
 

solarion

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They like to smash the metals at 8:30 am EST. Then again right after lunch.

The dickbags have PM market rigging down to a science.
 
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Casey Jones

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They like to smash the metals at 8:30 am EST. Then again right after lunch.

The dickbags have PM market rigging down to a science.
It's easy to do, once you have the regulators on the payroll.
 

solarion

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Funny, before it became obvious to even the most idiotic of fed worshiper that price inflation was NOT transitory, silver was holding $24 and gold was holding $1800. Little brother was, as usual, beaten up more by the manipulators.
 

the_shootist

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Dang peckerheads hitting us again
I expect nothing less. This can, and will simply just continue to go on and on and on.

I used to think they can't keep this up forever. I no longer think that
 

solarion

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Dang peckerheads hitting us again
Funny...the US dollar index is down too...which should be metal positive. Pretty much everything not the DJIA is down...with yields up slightly.

I used to think they can't keep this up forever. I no longer think that
They can't. When enough stupid people stop diverting funds into ETFs/future derivative scams and stack physical metal...the bullion ponzi will collapse. It's a fractional reserve scam...so when they run out of physical the game ends. The bullion banks have deep pockets(essentially unlimited), but the supply of metal is still finite.
 

southfork

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Cmon man get off the offer and let us run
 

southfork

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Silver up 48 and gold still down,, WTF is going on??
 

solarion

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The banksters set that up this am. They wiped out the bid on silver shortly after 8am EST then drove it up 60 cents within minutes. Having lots of fun trading their paper counterfeits back and forth they are.

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Nothing has room to run quite like silver does. It can go up 100% from here and still not see a new high in nominal dollar terms.
 

southfork

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Nice gain today hope 1 hung lo dont hit it
 

ZZZZZ

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"Kilroy was here."
 

the_shootist

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southfork

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Wheres the redit peckerheads?? A bunch of kids on moms computer
 
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Goldbrix

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And the peckerheads wont let us end the week in the green
But GOLD and Silver are the prettiest PIGS at the market for the weekending.
 

the_shootist

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Not so bad really....a bit of a recovery at the end today. Until it shoots up BIG TIME over the course of a single day we'll know the market is still under their control at some level
 

Barrettone

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