It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: ToddF on April 08, 2011, 01:10:57 PM

Title: Just commodities
Post by: ToddF on April 08, 2011, 01:10:57 PM
Gold - $1,475
Silver - $40.65
Oil, WTI - $112.41
Gas, wholesale - $3.24 + taxes

The last time silver was that high, the Hunt Brothers were billionaires. With gas that high, $4 will be the norm within a week.  You're wholesaling around $3.75 and up, with taxes, let alone credit card fees.

Title: Re: Just commodities
Post by: Pandora on April 08, 2011, 05:31:35 PM
Well, geez, people; y'all need to trade up for a ______________ .  You know, something that doesn't use fuel.
Title: Re: Just commodities
Post by: Libertas on April 09, 2011, 12:10:07 PM
Man-Made Disaster Pan, that's the Regime's game.  Brow-beat the idiotic consumer for consuming things he needs to live and work.  All in a days work for a destroyer of wealth.  People are just another commodity to the Proglodytes, to be used or discarded as they see fit.

And silver will continue to rise, it's demand has not lessened at all.

Title: Re: Just commodities
Post by: Pandora on April 09, 2011, 01:07:30 PM
There was a piece on Fran Porretto's site a little bit ago about the rising cost of copper and copper coins available as the, for now, still affordable form of wealth conservation.

I'll hunt it up if anyone's interested.
Title: Re: Just commodities
Post by: Libertas on April 09, 2011, 01:10:32 PM
MichelleO's new thread in TEOTWAWKI also has a link to a barter site that has copper up for auction.
Title: Re: Just commodities
Post by: charlesoakwood on April 09, 2011, 01:20:24 PM

Copper is more speculative, this month, than silver or gold.  Copper is an industrial metal and the price depends on demand. IMHO

Title: Re: Just commodities
Post by: Libertas on April 09, 2011, 01:27:51 PM
Yes, and its lower cost means you have to obtain larger quantities to leverage any advantage.
Title: Re: Just commodities
Post by: Pandora on April 09, 2011, 01:36:32 PM
Quote
In the two years since that essay was posted here, the price of gold has increased more than 60%, and the price of silver has exploded by nearly 200%. In consequence of which, your Curmudgeon must now direct your attention to the following:

(http://www.eternityroad.info/images/uploads/WalkingLibertyCopper.jpg)

That's right: Copper. Even silver, for a long spell "the poor man's gold," is now too expensive for the average American to purchase in quantity, as an inflation hedge and a disaster reserve. Partly because of the explosion in its price, and partly because those who have it have become increasingly reluctant to sell it for paper dollars, the rate of trade in silver rounds has fallen off dramatically. The copper rounds in the photo above are currently selling for about $1.35 each in modest quantities. Trade in them appears brisk

...

Please, please, please: If you missed the run-up in silver, don't miss the one about to occur in copper. Copper has already climbed 40% in price in the last year. If it's within your means, buy a thousand ounces or so and put them in a safe, dry place.


Link (http://www.eternityroad.info/index.php/weblog/single/killing_the_money/)
Title: Re: Just commodities
Post by: charlesoakwood on April 09, 2011, 03:11:57 PM

Copper will only go up if construction goes up.  Many talking heads say 'China and other emerging markets will drive copper'.  One way or the other.



Title: Re: Just commodities
Post by: ToddF on April 11, 2011, 09:30:21 AM
There was a piece on Fran Porretto's site a little bit ago about the rising cost of copper and copper coins available as the, for now, still affordable form of wealth conservation.

I'll hunt it up if anyone's interested.

That's another one to watch.  Copper-$4.50 per pound, which makes pre 1982 copper cents worth about 3 cents apiece.  Who'd have thunk those that used to pull the silver out of circulation in the 1960's and 1970's would be doing so for copper?

That only makes it around 40cents per ounce.  I wouldn't be buying 1 oz rounds for a buck 50.


 
Title: Re: Just commodities
Post by: Libertas on April 11, 2011, 09:35:39 AM
Frankly, I see silver having more run left in it, and I personally don't want to have to lug pounds of copper around, so for me I'll still acquire silver, plenty of distributors have rounds available still.
Title: Re: Just commodities
Post by: ToddF on April 11, 2011, 09:41:30 AM
Or just put yourself together a circulated Roosevelt Dime 1946-1964/Washington Quarter collection 1932-1964/Franklin Half 1948-1963.  Most can be acquired for silver and you can ride the boom.  Even most Mercury Dimes 1920 on, Late 1920's Standing Liberty Quarter, Post 1933 half dollars, Morgan and Peace Dollars 1878-1935, can be acquired for just the silver content.

Those of us that might have done so in the 1990's?  Well?  ::pimp::
Title: Re: Just commodities
Post by: Libertas on April 11, 2011, 09:57:18 AM
The so-called "junk" silver.  Yeah, have a lot of that too.  You can still get grab bags from many dealers, but I'm sure the the price is going up on them as well, so shop before you buy!
Title: Re: Just commodities
Post by: ToddF on April 15, 2011, 07:37:12 AM
Chugging along...

WTI Crude - $107.69
Gas - $3.20
Copper - $4.28 pound
Silver - $42.50 oz
Gold - $1,479

What does $42.50 silver mean?  That junk silver in your dresser drawer?  33 times face, based on .7736 oz silver in a silver dollar (proportional in smaller demoninations).

A 1964 dime?  .07736 x 42.50 = $3.29 silver content.
Title: Re: Just commodities
Post by: Libertas on April 15, 2011, 07:41:48 AM
Yup.  I built a spreadsheet that factors in the silver & gold content of every US coin (and a few foriegn ones) that I have, the quantity of each and put that against the current price via market download.  Needless to say the value on metal content has really shot up.

Chug, chug, chug...
Title: Re: Just commodities
Post by: Glock32 on April 15, 2011, 11:06:52 AM
Copper combined with zinc is gonna be real valuable indeed....
Title: Re: Just commodities
Post by: charlesoakwood on April 15, 2011, 12:13:28 PM
Copper combined with zinc is gonna be real valuable indeed....

Predicting societal retrogression?

Title: Re: Just commodities
Post by: Glock32 on April 15, 2011, 12:24:18 PM
Well, history does show that Progressive to Repressive is a baby step indeed
Title: Re: Just commodities
Post by: michelleo on April 15, 2011, 04:04:28 PM
Gold: 1487.10
Silver: 43.04

Daaayyyymmm.  Shoulda bought more.
Title: Re: Just commodities
Post by: charlesoakwood on April 15, 2011, 04:09:26 PM
Gold: 1487.10
Silver: 43.04

Daaayyyymmm.  Shoulda bought more.

 

It's said that gold doesn't appreciate, it just maintains value.
What does that say about cash on hand?

Daaayyyymmm.  Shoulda bought more.

Title: Re: Just commodities
Post by: michelleo on April 15, 2011, 09:32:15 PM
We've been spending our cash on all sorts of TEOTWAWKI related items.  It was a toss up: Gold or long-term food stores.  We settled for a little bit of everything.
Title: Re: Just commodities
Post by: Libertas on April 18, 2011, 07:46:17 AM
That'll work!

It's nice to buy in bulk and earn better pricing, but it's all a matter of available funds, timing and prioritization of need.
Title: Re: Just commodities
Post by: ToddF on April 21, 2011, 09:44:04 AM
They're still there, moving up so fast I feel the need for a bump.

WTI-$111.59
Gas-$3.27
Copper-$4.39
Gold-$1,505
Silver-$45.90

several percent a day?  Hello hyperinflation


Title: Re: Just commodities
Post by: Libertas on April 21, 2011, 11:07:00 AM
You would think at some point the remaining independents not yet abandoning Obama & the Dem's will be doing so in droves if the pain increases enough.  Frankly I think the level is intolerable, but jeesh, what's it take for some people to completely break away from these fools and say enough is enough?!

Meanwhile Barry just keeps going to fund raisers to fleece the faithful and BS people into believing all of this misery is all for their own good!

 ::)
Title: Re: Just commodities
Post by: charlesoakwood on April 21, 2011, 02:22:00 PM
You would think at some point the remaining independents not yet abandoning Obama & the Dem's will be doing so in droves if the pain increases enough.  Frankly I think the level is intolerable, but jeesh, what's it take for some people to completely break away from these fools and say enough is enough?!

Meanwhile Barry just keeps going to fund raisers to fleece the faithful and BS people into believing all of this misery is all for their own good!

 ::)

Continuing the tangential: IIRC, day before yesterday $32K a plate, yesterday $36K a plate, today $1500 a plate with Jamie Fox and tonight $36K a plate and you get face time.

Title: Re: Just commodities
Post by: Libertas on April 21, 2011, 03:12:37 PM
You would think at some point the remaining independents not yet abandoning Obama & the Dem's will be doing so in droves if the pain increases enough.  Frankly I think the level is intolerable, but jeesh, what's it take for some people to completely break away from these fools and say enough is enough?!

Meanwhile Barry just keeps going to fund raisers to fleece the faithful and BS people into believing all of this misery is all for their own good!

 ::)

Continuing the tangential: IIRC, day before yesterday $32K a plate, yesterday $36K a plate, today $1500 a plate with Jamie Fox and tonight $36K a plate and you get face time.



Morons.  Oh, and how much of that loot actually came in illegally from overseas?!
Title: Re: Just commodities
Post by: ToddF on May 05, 2011, 01:24:47 PM
Now for the crash, as traders start factoring another recession into their trading projections...

WTI-$101.00
Gas-$3.13 (down 19c in one day!)
Copper-$3.99
Gold-$1,478 (this is actually holding fairly firm)
Silver-$36.10 (definitely crashing now)

Title: Re: Just commodities
Post by: Libertas on May 05, 2011, 01:40:10 PM
PM's are explainable...

http://itsaboutliberty.com/index.php/topic,1357.0.html (http://itsaboutliberty.com/index.php/topic,1357.0.html)

I still say stocks have more gas in them...professional gas...
Title: Re: Just commodities
Post by: Weisshaupt on May 05, 2011, 04:56:10 PM
Huge Buy Opportunity coming....
The fundamentals have not changed.  The money is still being printed, the Federal government is still headed for default. The State pension funds ar still headed for default. Foriegn Powers  and central banks are continuing to deleverage fomr the dollar. The Middle East is still in Chaos,  Unemployment is still high,and GDP is still little to no growth .. unless all of that changes,  hedging against inflation and an new reserve currency STILL makes sense
Title: Re: Just commodities
Post by: Damn_Lucky on May 05, 2011, 07:55:54 PM
You would think at some point the remaining independents not yet abandoning Obama & the Dem's will be doing so in droves if the pain increases enough.  Frankly I think the level is intolerable, but jeesh, what's it take for some people to completely break away from these fools and say enough is enough?!

Meanwhile Barry just keeps going to fund raisers to fleece the faithful and BS people into believing all of this misery is all for their own good!

 ::)

Continuing the tangential: IIRC, day before yesterday $32K a plate, yesterday $36K a plate, today $1500 a plate with Jamie Fox and tonight $36K a plate and you get face time.

I wouldn't give a stool sample to see him choke on his teleprompter. ::cussing::
Title: Re: Just commodities
Post by: rickl on May 05, 2011, 09:40:43 PM
Karl Denninger had a post about this today:

"But It's All Money Printing!" (http://market-ticker.org/akcs-www?post=185534)
Quote
Are markets going higher?  Based on what?  Expectations on a forward basis and general bullishness are ridiculously high.  Profit projections are for $100 on the SPX for the year.  Really?  With all the input cost pressures already in the cake and unable to come back out for six to nine months?

This was exactly what I was warning about last August when this pattern began to be evident - that those who chased and continued to pile in would eventually get their heads cut off.

Sure, if you just bought with cash back then you're doing fine.  But far too many people did not.  They kept adding off their paper "profits" - margin debt is at extremely high levels, as people piled in more and more as prices rose.

Well, now there's a problem and it's especially bad if you're in a levered instrument such as the futures markets.

You buy a contract that controls $50,000 of the underlying with a margin of $5,000.  The contract's value goes up 10%.  You now have a 100% profit against your margin.  You take that and buy another contract.

What happens if the price goes back to the original level?  You're in trouble, that's what.

Not only is your original $5,000 margin "profit" gone but so is another $5,000, even though price just round-tripped up and then down!  That is, you're now broke as your entire original stake has evaporated into the ether, even though prices are right back to where they were.

If you think this isn't common, you're very wrong.  It is.  Traders blow up in this fashion all the time.  It's idiotic, but it happens on virtually every prolonged move where leverage becomes the gist of the action.  It happened to real estate speculators during the real estate bubble, it happened to tech speculators during the 1990s and now it's happening again.

Might this "stop" at some point before the market really unwinds?  It might.  But there's no guarantee that it will.  In fact, there's plenty of reason to believe it won't - that margin calls will in fact beget more margin calls.

In 2008, these sorts of margin-unwind trades are what fostered the instability that ultimately blew up in everyone's face.  The systemic imbalances in the system are worse now than they were in early 2008, and the policy response available to attempt to stop a collapse are nearly all spent.

Go to the link to see the original text formatting and emphasis.  I lose it when I copy and paste, and I probably only have a few minutes before my computer seizes up again..
Title: Re: Just commodities
Post by: charlesoakwood on May 05, 2011, 09:44:07 PM

Rickl, glad you're back. Do you have a new one?

Title: Re: Just commodities
Post by: rickl on May 05, 2011, 09:53:24 PM

Rickl, glad you're back. Do you have a new one?



No, I'm still waiting for it.  It looks like I won't get it until Monday.  In the meantime, I can get my current computer to work for a few minutes at a time by using a heat gun.  See here. (http://itsaboutliberty.com/index.php/topic,1289.msg14753.html#msg14753)
Title: Re: Just commodities
Post by: charlesoakwood on May 05, 2011, 10:12:21 PM

Quote
Just be aware that you're buying into a margin liquidation, and if the "Cheap Money" disappears, you're going to be dealing with a lot of sleepless nights.

The Bernank said QE2 ends this summer.   This may be a big dipper.
Title: Re: Just commodities
Post by: Weisshaupt on May 05, 2011, 11:45:09 PM
The Bernank said QE2 ends this summer.   This may be a big dipper.
Thats only ending the QE that they are telling the public about.  I suspect the Plunge team has their own line of QE access.
Title: Re: Just commodities
Post by: Libertas on May 06, 2011, 06:41:27 AM
Yes, the margin calls on the silly people who overextended themselves in futures is causing the sell off, so that musical chairs tune will carry a bit, and once everything settles down the fundamentals imperiling this economy are still very much in play and the march will resume, albeit at a reduced pace.  In the meantime, if you absolutely need to sell positions for retirement needs etc by all means take measures to ensure your short term liquidity needs, but if you are comfortable with waiting by this time next year I am guessing we'll be hearing of the newfound interest in precious metals.

ETA - I plan on buying more, in increments, as I always do, during this reset.
Title: Re: Just commodities
Post by: charlesoakwood on May 06, 2011, 08:58:22 AM

Image deleted, CO.




Title: Re: Just commodities
Post by: Libertas on May 13, 2011, 07:24:35 AM
One source of demand for silver appears not be waning - China!

http://www.zerohedge.com/article/shanghai-silver-trading-volume-surges-65-last-month?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/shanghai-silver-trading-volume-surges-65-last-month?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)

At present it appears the recent price reset might be stabilizing.

http://finviz.com/futures_charts.ashx?t=SI (http://finviz.com/futures_charts.ashx?t=SI)

Title: Re: Just commodities
Post by: Libertas on May 13, 2011, 10:23:52 AM
More tidbits on silver -

http://www.thedisciplinedinvestor.com/blog/2011/05/13/essential-support-levels-for-silver-slv-chart/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedisciplinedinvestor%2FEBHR+%28The+Disciplined+Investor%29 (http://www.thedisciplinedinvestor.com/blog/2011/05/13/essential-support-levels-for-silver-slv-chart/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thedisciplinedinvestor%2FEBHR+%28The+Disciplined+Investor%29)

And an interesting lag/lead analysis on oil & the dollar -

http://www.theessentialsoftrading.com/Blog/index.php/2011/05/13/which-is-leading-the-dollar-or-oil/ (http://www.theessentialsoftrading.com/Blog/index.php/2011/05/13/which-is-leading-the-dollar-or-oil/)
Title: Re: Just commodities
Post by: Weisshaupt on May 14, 2011, 09:55:37 AM
And an interesting lag/lead analysis on oil & the dollar -

Causeation and correlation. .. its always hard to see the cause.. when each has an affect on the other, and there are further factors.
 
http://politicalcalculations.blogspot.com/2011/05/closer-look-at-new-jobless-claims.html (http://politicalcalculations.blogspot.com/2011/05/closer-look-at-new-jobless-claims.html)

A break in the trend of unemployment can also cause oil to drop. Or did it?
Title: Re: Just commodities
Post by: Libertas on May 16, 2011, 07:22:37 AM
Statistics...

The skill of the analyst meets the sophistication of the investor and then slams into the fragile psyche of the herd...there is enough variables that reality can either transfer in whole, not at all or something in between depending upon how those pieces react.

But remember, we are told "All is well!", unemployment, inflation...these are just "transitory"!  So is human life, so is the tenure of a bureaucrat!
Title: Re: Just commodities
Post by: Libertas on May 16, 2011, 10:12:09 AM
Banker copper vs doctor copper...

http://www.fundmymutualfund.com/2011/05/is-this-reason-for-drop-off-in-copper.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FundMyMutualFund+%28Fund+my+Mutual+Fund%29 (http://www.fundmymutualfund.com/2011/05/is-this-reason-for-drop-off-in-copper.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FundMyMutualFund+%28Fund+my+Mutual+Fund%29)

Sometimes when a genie is let out of a bottle, it can be hard putting it back in...
Title: Re: Just commodities
Post by: charlesoakwood on May 16, 2011, 10:42:54 AM

This genie is a view into internal problems of China. 

Banks trying to keep money tight. So much demand people seeking alternative sources of funding.
Visions of early to mid-twentieth century wildcatters.

or

How ya going to keep them down on the farm after they've seen Paree'?

Title: Re: Just commodities
Post by: Libertas on May 16, 2011, 11:11:06 AM
"How ya going to keep them down on the farm after they've seen Paree'? "

Heh, nicely put!   ::thumbsup::
Title: Re: Just commodities
Post by: charlesoakwood on May 20, 2011, 12:42:32 PM

While searching for market clues Fibonacci (http://itsaboutliberty.com/index.php/topic,486.msg4275.html#msg4275) appears again.

Quote
The chart below (http://www.kitco.com/ind/Wagner/may192011.html)  is a daily chart of spot gold. Within this chart is 2 Fibonacci retracement sequences. The longer of the two sequences begins in February 2011 following the January correction (1308). The high for both sequences is the record top of 1577. Using a technique known as Fibonacci harmonics we look for points in which these two Fibonacci sequences overlap or are very close in price.


(http://www.kitco.com/ind/Wagner/images/may192011_4.jpg)


There is a harmonic band at 1479/1474. The 38% retracement of our long sequence is 1474 and the 50% retracement of our short sequence is 1479.  Gold would trade to an intraday low of 1461, however on a closing basis gold never traded below 1474. This harmonic band would prove to be a strong support level. As of now 1461 could very well be the low of this correction. Based on our current Elliott wave count after the conclusion of this corrective wave we will begin a final impulse wave.

The "we will begin a final impulse wave." part sounds ominous.


It's About Liberty link to Kitco article (http://www.kitco.com/ind/Wagner/may192011.html)

Title: Re: Just commodities
Post by: Libertas on May 21, 2011, 09:18:22 AM
Yeah, and warp speed always follows an impulse burn!

 ::speechless::

I figured something in the $1500 range was the new support, thanks for getting that data Charles.  Now we'll see if people wise up (I doubt it) or if the PTB's continue business-as-usual and provide more impulse!
Title: Re: Just commodities
Post by: Libertas on May 23, 2011, 07:24:05 AM
$33-35 support level for Silver seems to be established.  It's floating in the high 34's right now.  I hear rumblings that another round of QE could be coming...QE3 would kick-start another rally in PM's!

Also, came across the note linked below.  I like Zerohedge, and this take on CFTC, Silver & the market is a good read.  Some of the folks commenting make good points too, but Zero's popularity draws in many types so sidebars and off-topic discussions are common.

http://www.zerohedge.com/article/things-make-you-go-hmmm-such-cftcs-endless-investigation-silver-manipulation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/things-make-you-go-hmmm-such-cftcs-endless-investigation-silver-manipulation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: charlesoakwood on May 23, 2011, 09:52:51 AM

""Endless" Investigation Of Silver Manipulation"

They'll get their man. This is how they got the Bass brothers.  What they were doing was legal until "they" decided it was illegal and busted them.   hmmm, think it was the Carter people that nabbed them.

Title: Re: Just commodities
Post by: Libertas on May 23, 2011, 10:24:33 AM

""Endless" Investigation Of Silver Manipulation"

They'll get their man. This is how they got the Bass brothers.  What they were doing was legal until "they" decided it was illegal and busted them.   hmmm, think it was the Carter people that nabbed them.



I believe you are right!
Title: Re: Just commodities
Post by: charlesoakwood on May 31, 2011, 09:47:45 AM

On Varney, *Gil Morales said his expectation is up to $50 silver and $1700 to $2000 gold.

*
Gil Morales, thevirtueofselfishinvesting, protege of William O'Neil and current principal and CEO of the money management firm Gil Morales & Company, is a self-described plunger.

Title: Re: Just commodities
Post by: Libertas on June 01, 2011, 07:12:33 AM
Self-described plunger...is that a confession?!  ;D

Did he give a timeframe?  I could see those targets at year end.
Title: Re: Just commodities
Post by: charlesoakwood on June 01, 2011, 10:08:03 AM

He predicted the drop right before it happened and sold as of the 23rd he's back in until it hits his prediction.



Title: Re: Just commodities
Post by: Libertas on June 01, 2011, 11:23:00 AM
Thanks Charles.

I think QE3 is going to be too irresistible for these idiots to pass up, so more impetus to push precious metals beyond what is already there pushing it is all but certain.  Buying back in makes perfect sense to me.  Or, for those like myself who stayed in, buying more!

 ::thumbsup::
Title: Re: Just commodities
Post by: charlesoakwood on June 01, 2011, 05:59:33 PM

The siren song thought that the 1980 high dollar equivalent is 2200 keeps me holding and watching. 
I probably won't make it to 22.

 
Title: Re: Just commodities
Post by: charlesoakwood on June 06, 2011, 09:45:07 AM
 ::gaah::

Economist Dennis Gartman Is ‘Nervous,’ Cuts His Gold ...

Jun 03, 2011 · Dennis Gartman , the economist and editor of the Gartman Letter who correctly forecast 2008’s commodities slump, cut his gold position by half today and ...
www.bloomberg.com/news/2011-06-03/ (http://www.bloomberg.com/news/2011-06-03/)?gartman-sells-50-of-gold-holding-after-decline-says..

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Market Nuggets: Gartman Re-Establishes Long Gold Positions

06 June 2011, 08:59 a.m.
By Kitco News
http://www.kitco.com/ (http://www.kitco.com/)

(Kitco News) -- Newsletter writer Dennis Gartman says he is re-establishing his long gold position. He closed half of his position early Friday on fears of a further correction, “and in retrospect we were right to have done so for the risks were large.” However, Friday’s weak U.S. jobs report left the Federal Reserve no choice but to aggressively maintain easy monetary policy, prompting Gartman to “get back that which we sold.” Even when he exited some of his position Friday, Gartman says, he was not bearish but simply less bullish for the time being. He continues to favor gold in non-dollar terms and notes, as of when he wrote his Monday's daily The Gartman Letter, gold was below where he sold it Friday in euro terms and only marginally above where he had sold it in sterling terms. “Little damage, if any, has been done, and the trends are still firmly in our favor. We return then to what we had had previously, likely to less fanfare than when we exited.”

By Allen Sykora of Kitco News; asykora@kitco.com

 ::gaah::

Title: Re: Just commodities
Post by: Libertas on June 06, 2011, 11:20:55 AM
Wha...???

WTF kind of economist is this?  What good news was he seeing from the imbecilic PTB's that have been driving the dollar down and unemployment, debt and regulation up that made him skittish and jump out?  And then more bad news comes on Friday and oops, time to jump back in?  His readers must be asking wtf they are subscribing to this clown!

 :P
Title: Re: Just commodities
Post by: charlesoakwood on June 06, 2011, 12:01:31 PM
[blockquote]
Quote
May 17, 2011
 ...
Billionaire financier George Soros, who called gold "the ultimate bubble", dumped almost his entire $US800 million ($757 million) stake in bullion in the first quarter, well before a commodities slump blamed partly on reports he was liquidating his holdings.

Read more: http://www.smh.com.au/business/markets/ultimate-bubble--soros-sells-out-of-gold-20110517-1equp.html#ixzz1OWH7NtJq (http://www.smh.com.au/business/markets/ultimate-bubble--soros-sells-out-of-gold-20110517-1equp.html#ixzz1OWH7NtJq)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
http://www.fool.com/investing/general/2011/05/31/good-as-gold-george-soros-sells-the-metal-buys-the.aspx (http://www.fool.com/investing/general/2011/05/31/good-as-gold-george-soros-sells-the-metal-buys-the.aspx)

May 31, 2011

Even the most successful investors in the world can't agree on how to interpret this. John Paulson is buying gold. George Soros, selling. ...
But there is a better way to invest in gold now. Just watch Soros. Soros is selling his gold but buying miners.
[/blockquote]

Soros is selling gold........sort of.



Title: Re: Just commodities
Post by: Libertas on June 06, 2011, 12:06:30 PM
Yeah, that doesn't smell good to me...getting to the source means he has more leverage to manipulate and control...I don't like Darth Soros having control over squat!

Seriously, I cannot stand that man, and I cannot say what I really think, but this is an ominous move IMO and one which could have major implications for just about everybody.
Title: Re: Just commodities
Post by: Weisshaupt on June 06, 2011, 12:17:33 PM
His readers must be asking wtf they are subscribing to this clown!

Ranking the Gurus..

http://politicalcalculations.blogspot.com/2011/05/ranking-gurus.html (http://politicalcalculations.blogspot.com/2011/05/ranking-gurus.html)


Most of the so called experts have no idea what to make of this-- its uncharted waters.. The world's reserve currency is at stake, the geo-politics are really complicated, and we have elements in our own government rooting for and trying to plan our collapse.  It makes it hard to predict. Or does it?:

http://politicalcalculations.blogspot.com/2011/05/return-of-order-in-stock-market.html (http://politicalcalculations.blogspot.com/2011/05/return-of-order-in-stock-market.html)

In theory we are seeing order return to the market. Of course he doesn't know if this is investors figuring it out, or if it is thr Fed creating the order artificially.

Eitherway, I am pretty much betting on bad news, and Gold is not going to plunge to $300 an oz in one day. If it looses $400 in value then something is up, $50 moves is the the volatility we can expect.
 



Title: Re: Just commodities
Post by: Weisshaupt on June 06, 2011, 12:26:39 PM
Yeah, that doesn't smell good to me...getting to the source means he has more leverage to manipulate and control...I don't like Darth Soros having control over squat!

Seriously, I cannot stand that man, and I cannot say what I really think, but this is an ominous move IMO and one which could have major implications for just about everybody.


Soros sold mostly paper holdings.  You have to rememeber that not all gold on Comex is backed by physical metal. If you are investing in Gold any you aren't holding, then you better be  playing manimpulation/momentum/short-term plays. Eventually the demand for the physcial metal will result in a game of musical chairs, and its best to have your chair in hand if you are going to be playing for the long haul.
Title: Re: Just commodities
Post by: Libertas on June 07, 2011, 06:42:32 AM
Yeah, that doesn't smell good to me...getting to the source means he has more leverage to manipulate and control...I don't like Darth Soros having control over squat!

Seriously, I cannot stand that man, and I cannot say what I really think, but this is an ominous move IMO and one which could have major implications for just about everybody.


Soros sold mostly paper holdings.  You have to rememeber that not all gold on Comex is backed by physical metal. If you are investing in Gold any you aren't holding, then you better be  playing manimpulation/momentum/short-term plays. Eventually the demand for the physcial metal will result in a game of musical chairs, and its best to have your chair in hand if you are going to be playing for the long haul.


That he sold whatever doesn't bother me.  Do you want to be in the position of having Soros control huge quantities of precious metals?  Not me!
Title: Re: Just commodities
Post by: Libertas on June 07, 2011, 06:43:58 AM
Here's a good take - the money phrase of the summer: "load up the truck"!

http://www.zerohedge.com/article/update-dowgold-ratio-drop-it-it%E2%80%99s-hot?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/update-dowgold-ratio-drop-it-it%E2%80%99s-hot?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: Libertas on June 09, 2011, 07:08:05 AM
OPEC, EU et all doing all they can to support gold...and silver getting a bounce from industrial demand (solar panels!)...

http://www.zerohedge.com/article/worst-ever-opec-meeting-sees-oil-rise-sharply-%E2%80%93-inflation-pressures-growth-and-sovereign-deb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/worst-ever-opec-meeting-sees-oil-rise-sharply-%E2%80%93-inflation-pressures-growth-and-sovereign-deb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: Libertas on June 09, 2011, 11:14:35 AM
Corn inflation coming at ya!

http://www.zerohedge.com/article/corn-prices-near-record-plunge-corn-stocks-china-use-surge-us-tightest-corn-supply-levels-15?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/corn-prices-near-record-plunge-corn-stocks-china-use-surge-us-tightest-corn-supply-levels-15?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: charlesoakwood on June 09, 2011, 12:14:43 PM

Who is Tyler Durden?

Zero Hedge is interesting and thoughtful but I can't find information about the authors.
What am I missing?
Title: Re: Just commodities
Post by: Libertas on June 09, 2011, 12:41:16 PM

Who is Tyler Durden?

Zero Hedge is interesting and thoughtful but I can't find information about the authors.
What am I missing?

It's a psuedonym, but their data is usually sourced and can be verified.

This is Wiki's info, FWIW -

http://en.wikipedia.org/wiki/Zero_Hedge (http://en.wikipedia.org/wiki/Zero_Hedge)
Title: Re: Just commodities
Post by: charlesoakwood on June 09, 2011, 01:31:18 PM

Thanks

Title: Re: Just commodities
Post by: Libertas on June 21, 2011, 07:32:52 AM
India appears to be gobbling up more gold & silver...

http://www.zerohedge.com/article/indian-gold-and-silver-imports-surge-stunning-500-may?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/indian-gold-and-silver-imports-surge-stunning-500-may?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)

...cue up QE3 and we could really see a big runnup in prices!
Title: Re: Just commodities
Post by: charlesoakwood on June 21, 2011, 09:35:52 PM
[blockquote]
Quote
SINGAPORE, June 22 (Reuters) - Gold edged down on Wednesday  ahead of the outcome of a U.S. Federal Reserve meeting,
...
 * The Fed is expected to cut its growth forecast for 2011,    
but Fed Chairman Ben Bernanke probably will continue to argue
the slowdown is temporary.
[/blockquote]   ::hysterical::
Title: Re: Just commodities
Post by: charlesoakwood on June 21, 2011, 09:39:20 PM

Stinky, my computer, is timing out on the Zero_indian_gold_link, actually it's timing out on the home page.  See you on the morrow.

Title: Re: Just commodities
Post by: Libertas on June 22, 2011, 06:55:21 AM
All is transitory, so saith The Fed.

Hopefully your issue with Stinky really is transitory!

 ;)
Title: Re: Just commodities
Post by: charlesoakwood on June 22, 2011, 08:39:50 AM
Thanks.

Yeah, it appears India see's the transition written on the wall and intends to make it through the transition as a player not a subordinate.  They're doing the same thing with their military.


Title: Re: Just commodities
Post by: charlesoakwood on June 22, 2011, 09:26:07 AM

[blockquote]
Quote
...focus for the moment has turned to the Wednesday afternoon conclusion of the Federal Open Market Committee meeting and Fed Chairman Bernanke's press conference following the meeting.
[/blockquote]
Title: Re: Just commodities
Post by: Libertas on June 22, 2011, 11:26:59 AM

[blockquote]
Quote
...focus for the moment has turned to the Wednesday afternoon conclusion of the Federal Open Market Committee meeting and Fed Chairman Bernanke's press conference following the meeting.
[/blockquote]

They boxed themselves in.  No change in rates, QE2 wraps up this month, all they can do is give an inkling if QE3 is in the works and if all the bad news is still transitory or not!

Oh, and as far as bad news goes, here's some more!

http://itsaboutliberty.com/index.php/topic,1959.new.html#new (http://itsaboutliberty.com/index.php/topic,1959.new.html#new)

 ::lalanotlistening::
Title: Re: Just commodities
Post by: Libertas on June 23, 2011, 07:20:02 AM
More herding going on...

http://www.zerohedge.com/article/another-exchange-halts-levered-otc-gold-and-silver-trading?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/another-exchange-halts-levered-otc-gold-and-silver-trading?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: ToddF on June 23, 2011, 07:29:31 AM
All I know about Forex is incredible amounts of usenet spam promising me riches, so maybe there is fraud with that particular outlet.
Title: Re: Just commodities
Post by: Libertas on June 23, 2011, 09:23:47 AM
IAE is releasing 60m barrels to offset loss of Libyan production, and between that, a global economy crapping itself and Ben Bernanke admiting he's clueless oil is down to $90.

http://www.zerohedge.com/article/iea-release-60-million-barrels-over-coming-months-ensure-supply-due-libya?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/iea-release-60-million-barrels-over-coming-months-ensure-supply-due-libya?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: charlesoakwood on June 23, 2011, 09:52:58 AM

Au - 1516.20

Title: Re: Just commodities
Post by: charlesoakwood on June 24, 2011, 02:11:47 PM

[blockquote]
Quote
Comex Gold Drops Below $1,500.00 in Late-Session Selling Spree

24 June 2011, 01:29 p.m.
By Jim Wyckoff
Of Kitco News
http://www.kitco.com/ (http://www.kitco.com/)

(Kitco News) - August Comex gold futures dropped sharply lower in late-session U.S. trading Friday, with prices dropping below pyschologically important support at $1,500.00. Prices had hit a low of $1,498.50 as of this writing. A firmer U.S. dollar index and weaker crude oil prices in late trading Friday added to the bearish sentiment in gold. Near-term chart damage has been inflicted in gold futures late this week as a five-month-old uptrend line on the daily bar chart has at least temporarily been negated as prices also closed at a technically bearish weekly low close on Friday
[/blockquote]


As of this writing it's 1501.60

WTF?

Title: Re: Just commodities
Post by: Pandora on June 24, 2011, 02:54:58 PM
Soros advertising he's selling his gold again?
Title: A
Post by: charlesoakwood on June 24, 2011, 03:17:03 PM

Sources say it's the relief from fear created by the lowering price of oil.  If that's all it is they are idiots.
Bahmnake released just enough to recover from his terrible latest poll slump. More C&C economy. This is the carrot part of QE3.

Libertas must be Crappie fishing again and TitanTrader hasn't darkened the door since he got fed up with BananoBot.

Title: Re: Just commodities
Post by: Libertas on June 27, 2011, 07:25:35 AM
Freezer is full of fish, there will be a fish fry on the 4th!   ::whoohoo::

As for gold, there has been some margin calls...again.  I know Soros was selling some paper-based positions and buying up mining companies, haven't heard if that Sith Lord is up to anything else, but that's too much for me anyway!  A POS like that owning the means of production!  
 ::speechless::

For oil, here's a good take.  Demand is slack anyway with depressed economies, the SPR releases are largely political in nature, the trend was down for oil at the time they announced this, so outside of short-term manipulation there was no reason for it.

http://www.zerohedge.com/article/poorly-timed-spr-oil-release-could-cost-us-taxpayers-15-billion?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/poorly-timed-spr-oil-release-could-cost-us-taxpayers-15-billion?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: Libertas on July 07, 2011, 07:06:16 AM
SPR follow up...

http://www.zerohedge.com/article/spr-backfire-trade?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/spr-backfire-trade?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)

Getting past the fear-mongering of oil companies in his lead in (I do not view oil companies as bad guys!) the price analysis seems right to me and proves this move was purely political, but the PTB's in The Regime fail to realize how short term and artificial a drop in price at the gas pumps is.  What are they gonna do, slowly bleed the SPR empty through election day?  Something so obvious cannot go unchallenged, but The Regime is caught between damnation and hell and they will be desperate to manufacture ways to sprinkle candy on turds in this economy any way they can!
Title: Re: Just commodities
Post by: charlesoakwood on July 07, 2011, 10:22:37 AM
[blockquote]
Quote
Your average large crude carrier has an operating cost of $60,000 per day. It takes 10 extra days to deliver crude at the LOOP [Louisiana] versus Rotterdam (5 days in, 5 days out). Therefore there is an opportunity cost of $600k to make a USA delivery.

This is the equivalent of another 65 cents on the Brent spread. As of today the adjusted Bent/LLS discount is $3.85. That comes to about $4 million on a 1mm brl. [one tanker ship] cargo.

The obvious conclusion from the Greek shipper is that cargoes are going to be diverted away from Louisiana as result of the negative spread. There is big money to be made.
[/blockquote]

Obama, ever the businessman, looking out for America.\


Title: Re: Just commodities
Post by: Libertas on July 07, 2011, 11:19:22 AM
Obama, master of the "negative spread"!

 ::unknowncomic::
Title: Re: Just commodities
Post by: Libertas on July 13, 2011, 10:02:20 AM
Gold is up, and silver is really up!

I guess people see the PTB's lining up to make all the same mistakes some more and the value of the dollar is going to crap itself again...

Misght as well own somehting real!
Title: Re: Just commodities
Post by: ToddF on July 14, 2011, 07:33:52 AM
Yep, all headed up again

Gold - $1,590
Silver - $39.00
Oil, WTI - $98.24
Gas, wholesale - $3.13 + taxes
Title: Re: Just commodities
Post by: charlesoakwood on July 14, 2011, 10:56:20 AM

Read it all at: LINK (http://www.barnhardt.biz/)

[blockquote]
Quote
The DX is 78.3% comprised of European currencies, with the Euro itself being the majority of the entire basket. Thus, if Europe collapses and we collapse, we will both be sucking together, but the relative mathematical relationship between the currencies might not change that much. If The Captain jumps out of a plane and two seconds later Toni Tennille jumps out of the same plane, they will be plummeting toward the ground at the same speed with only the two-second lag between their respective jumps between them. But they will both be falling.

So, if today a loaf of bread in the U.S. costs $3.00 and that same loaf of bread costs 2.13 Euros, that means that the Euro exchange rate is 1.41 Euros per Dollar.

If our economies implode and hyper inflation kicks in, that same loaf of bread might cost $3000.00 and the loaf in Europe might cost 2200.00 Euros. That would be an exchange rate of 1.36 Euros per Dollar. That's not much difference on a relative basis, huh? Does that mean that the Dollar has strengthened against the Euro and therefore everything is awesome? Of course not, but that is EXACTLY the line of taurusfimus that the *Combine would get on TV and spew.

So how do we measure these fiat currencies as a whole? How do we cut the taurusfimus and get down to the nitty-gritty? WHAT IS THE NITTY-GRITTY?

Gold.

We know that all fiat currencies all over the world are getting their butts kicked collectively and that inflation is happening even though they are strengthening relative to the Dollar because Gold is $1580 per ounce. The whole thing is collapsing with the Dollar leading the way simply because it is historically weak relative to the basket. Yes, the Canadians are loving the relative relationship to the Dollar, but the entire system is still falling. And in my $3000 loaf of bread example, gold would probably be trading for something like $1,600,000 per ounce assuming a very simplistic linear relationship. That would tend to get people's attention, don't you think?

Now do you see why Bernanke wants to delegitimize gold and denied that it was money today? Gold is what shines the light of truth on our economic and inflationary situation. Gold is the bottom-line metric. If the Combine can get rid of or otherwise suppress the measuring stick, they can convince The Captain and Toni Tennille that they aren't falling, everything is fine, and no, you don't need to deploy a parachute, because LOOK! You aren't moving relative to each other, so therefore you must not be moving at all.

Love, love will keep us together, think of me babe when . . . SPLAT.
[/blockquote]

Captain and Tennille - Love Will Keep Us Together (http://www.youtube.com/watch?v=xjloX_EvYiI#)

*THE COMBINE

A combine is defined as a combination of persons or groups for the furtherance of their political, commercial, or other interests, as a syndicate or cartel.

Title: Re: Just commodities
Post by: Libertas on July 14, 2011, 11:36:41 AM
Ann is feisty, and pointing out the neked truth is a lot more entertaining coming out of her mouth than mine!
Title: Re: Just commodities
Post by: Pandora on July 14, 2011, 03:38:45 PM
"Taurusfimus".

I only needed to read that word to know it was her without checking the link.
Title: Re: Just commodities
Post by: Libertas on July 15, 2011, 06:46:56 AM
Yeah, that's definitiely an Ann identifier.

That and the way she likes to swoop in for the kill.

 ::thumbsup::
Title: Re: Just commodities
Post by: Libertas on July 18, 2011, 06:50:51 AM
The latest peak at the numbers.

With QE3 and stagflation on the horizon it will be ready for another big runnup shortly.  2012 could be a banner year of buffoonery as the Ruling Class goes hog wild with all manner of witch-doctoring in a last ditch effort to save their bacon!

http://www.zerohedge.com/article/gold-1602-silver-over-40-launch-another-risk-week?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/gold-1602-silver-over-40-launch-another-risk-week?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: charlesoakwood on July 18, 2011, 10:18:50 AM

Quote
Unless a miracle appears out of nowhere to save the Eurozone and its fake paper currency, we expect $2,000 by the end of the year in gold, while silver should promptly regain its all time nominal highs of just over $50.

$2,000/$2,200 in 1980 dollars is about the Jimmy Carter high.

Title: Re: Just commodities
Post by: Libertas on July 18, 2011, 11:14:57 AM
Welcome Back Carter...the ObamaDepression...whatever you call it I hope all those SOB's that voted for this POS get their asses kicked!

 ::rockethrow::
Title: Re: Just commodities
Post by: Libertas on July 19, 2011, 06:49:12 AM
A short and relatively bland posting by Tyler on ZeroHedge about gold, but the comments are entertaining and some are even interesting.

http://www.zerohedge.com/article/guest-post-gold-and-stocks-love-inflation-right?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/guest-post-gold-and-stocks-love-inflation-right?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)

This post on Seeking Alpha about Platinum is worth a gander...seems to be some indications pointing to a run up in that market, the analysis is sound but as in many cases it could use more confirmation of data, but in this business acting on the information you have and using your best judgement is often all you have, otherwise events will overtake you...which can make your financial positions tenuous as well.  Fortuna favet fortibus.

http://seekingalpha.com/article/279791-why-a-large-upward-price-movement-in-platinum-is-ahead?source=feed (http://seekingalpha.com/article/279791-why-a-large-upward-price-movement-in-platinum-is-ahead?source=feed)
Title: Re: Just commodities
Post by: Libertas on July 22, 2011, 07:22:35 AM
Good info on silver market.  Much of this will either be too esoteric or maybe repetitive for folks, but my main takeaway is this - "At some point, the market will wake up to the fact that silver is in much shorter supply than current appreciated. At that point, the price will go much, much higher."

http://www.zerohedge.com/article/guest-post-david-morgan-silver-price-manipulation-delivery-default-supply-shortage-risks?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/guest-post-david-morgan-silver-price-manipulation-delivery-default-supply-shortage-risks?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)


Title: Re: Just commodities
Post by: Libertas on July 25, 2011, 10:30:34 AM
Good read on silver & gold, which are both up again this morning.

http://www.zerohedge.com/news/guest-post-gold-and-silver-we-were-right-%E2%80%93-they-were-wrong?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/news/guest-post-gold-and-silver-we-were-right-%E2%80%93-they-were-wrong?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Title: Re: Just commodities
Post by: Libertas on August 02, 2011, 11:54:01 AM
PM's rising again.

http://www.cnbc.com/id/43979108 (http://www.cnbc.com/id/43979108)

Just wait till QE3 starts...

Au up $23 today, Ag up almost $1.

Perhaps the morons should raise the credit card another $100T, I bet I could see some real movement then.

/

Title: Re: Just commodities
Post by: charlesoakwood on August 02, 2011, 06:45:57 PM

Comex Gold Extends Record High As Equities Tumble (http://www.kitco.com/reports/KitcoNewsMarketNuggets20110802.html)

Comex gold kept extending its record high in after-hours screen trading as investors sought a safe haven for their money as equities broke lower. The S&P futures have fallen below their 200-day moving average and the Dow Jones Industrial Average is below the psychologically important 12,000 level, leading to buying in gold, says Charles Nedoss, senior market strategist with Olympus Futures. The market is showing disappointment in the budget and deficit-ceiling bill that has been signed into law, he says. “Now it’s done and you have both sides realizing in 11th-hour deals, nobody gets what they wanted and you probably get the worst deal you could put together,” Nedoss says. Further, the stock market already was still reeling from a weak report on consumer spending. Nedoss points out that both the dollar and gold have risen rather than trading inversely to one another, reflecting a safe-haven trade. As of 4:04 p.m. EDT, Comex December gold was $37.20 higher at $1,658.90 an ounce. It peaked at $1,661.80, a record for a most-active contract.

Title: Re: Just commodities
Post by: Libertas on August 03, 2011, 07:00:30 AM
Yup.

And SNB impact here -

http://www.zerohedge.com/news/snb-intervenes-lower-massively-overvalued-franc-leaves-gold-only-safe-haven-currency?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/news/snb-intervenes-lower-massively-overvalued-franc-leaves-gold-only-safe-haven-currency?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)

Let's super-size this safe haven!

 ::newyear::
Title: Re: Just commodities
Post by: charlesoakwood on August 03, 2011, 09:25:29 AM

Bid/Ask    1669.20 -    1670.20

Comex Gold Powers to Another Record High; Bulls Now Eyeing $1,700.00 - Kitco News, Aug 3 2011 8:13AM
Gold Prices Spike as Recession Worries Spread - The Street, Aug 3 2011 9:08AM
UPDATE 2-Emerging world buys $10 bln in gold as West wobbles - Reuters, Aug 3 2011 8:23AM
Title: Re: Just commodities
Post by: Libertas on August 03, 2011, 11:20:32 AM
That last point is a real stinker ain't it?

Telling America they are not impressed!

Can't say I blame them, but it is all thanks to the desire of morons to follow Obama down the drain...

 ::)
Title: Re: Just commodities
Post by: charlesoakwood on August 08, 2011, 05:56:23 PM

http://www.kitco.com/reports/KitcoNews20110808JW_pm.html

Aug 08, 2011 18:46 NY Time   Bid/Ask    1722.30 - 1723.30

2:12 p.m
The precious yellow metal saw strong safe-haven investment demand after the U.S. got a credit downgrade late Friday and as the European Union attempts to contain its own escalating debt crisis.

Title: Re: Just commodities
Post by: Libertas on August 09, 2011, 06:58:52 AM
Can you take me higher?

Yeah baby! 

Betting on destruction makes it easy, and there ain't nuthin' more destructive than The Regime!
Title: Re: Just commodities
Post by: charlesoakwood on August 18, 2011, 06:06:15 PM

Sold American!  1823.22.

Title: Re: Just commodities
Post by: rickl on August 18, 2011, 06:34:56 PM
I sure ain't buying now.
Title: Re: Just commodities
Post by: Libertas on August 22, 2011, 07:39:16 AM
I bought more silver when it was below 40, no way in hell is that not going up more.

Gold is a solid hold.

Up up and away...and the next round of QE hasn't even kicked in yet...
Title: Re: Just commodities
Post by: ToddF on August 22, 2011, 07:48:02 AM
It's really getting hard to hang on, considering I bought all mine in the 90's.
Title: Re: Just commodities
Post by: charlesoakwood on August 22, 2011, 10:20:46 AM


The 5th Dimension - Up, Up and Away (http://www.youtube.com/watch?v=HC9yD8YqXYI#)


Title: Re: Just commodities
Post by: Libertas on August 22, 2011, 11:03:07 AM
It's really getting hard to hang on, considering I bought all mine in the 90's.

I hear ya.  If you have needs to address that would be taken care of with some liquidation of position the temptation must be palpable.
Title: Re: Just commodities
Post by: Libertas on August 23, 2011, 06:59:38 AM
A breather, then, off we go again...seems to fit the pattern.

http://www.zerohedge.com/news/gold-soars-trading-reopens-hits-88-away-2000 (http://www.zerohedge.com/news/gold-soars-trading-reopens-hits-88-away-2000)
Title: Re: Just commodities
Post by: charlesoakwood on August 23, 2011, 07:16:24 PM
Saudi Press Agency (http://www.spa.gov.sa/English/cdetails.php?id=919977&catid=11)   [blockquote]
Quote
Berlin, ...A leading member of Chancellor Angela Merkel's
government called Tuesday for cash-strapped eurozone members to use
their gold reserves as collateral for any future bailouts, according to dpa.

Labour Minister Ursula von der Leyen said in the future that money
from the European Union-led rescue fund should only be paid out when
the states receiving the assistance provided collateral.

Von der Leyen believes that the gold reserves and industrial
holdings held by many nations could be used as collateral for loans,
according to information from German public television. ...
...

[/blockquote]

 ::hysterical::
                                                                                                      
                                                                                      

                                                                                           ::pimp::

Title: Re: Just commodities
Post by: Libertas on August 24, 2011, 06:35:45 AM
If they were cash-strapped...

Oh, never mind!

 ::unknowncomic::

In other news - More margin hits for gold driving prices down, this time in Shanghai, with action on silver lurking...

http://www.zerohedge.com/news/precious-metal-margin-warfare-jumps-pacific-shanghai-hikes-gold-margins-second-time-month-prepa (http://www.zerohedge.com/news/precious-metal-margin-warfare-jumps-pacific-shanghai-hikes-gold-margins-second-time-month-prepa)

That's fine with me, hit your customers, dump holdings to cover, silver dips below $40 and I'll buy more thank you very much!
Title: Re: Just commodities
Post by: Libertas on August 24, 2011, 02:27:15 PM
I bought some more silver today after it dipped to the low 39's.
Title: Re: Just commodities
Post by: charlesoakwood on August 24, 2011, 03:29:28 PM

My friend, you are a true believer.  I'm in hold or sell mode. 
Although, all things considered, 2200 being the peak in the 80s and this run being worse it could go to 3 before it falls.

Title: Re: Just commodities
Post by: Libertas on August 24, 2011, 08:24:31 PM
Betting on stupid to continue seems the only logical play.  I'm not fearful of bubble scares, it would require a return to sane policies and something better to invest in for that fear to be true. Hell. I'd go in top end commercial paper before anything else, it's the only other thing holding up right now.

ETA - Oh, and currency plays against the fiat currency too of course!
Title: Re: Just commodities
Post by: Damn_Lucky on August 24, 2011, 08:32:29 PM
Have Food Will Barter! ::cool::
Title: Re: Just commodities
Post by: Libertas on August 24, 2011, 08:50:55 PM
Yep, good call, can't forget about any barter items!

 ;)
Title: Re: Just commodities
Post by: charlesoakwood on August 24, 2011, 10:06:54 PM
ZeroHedge prescience
and if marketmakers keep this up
they are going to be played. IMHO

[blockquote]
Quote

CME Next  (http://af.reuters.com/article/metalsNews/idAFL4E7JP00620110825?sp=true)

Thu Aug 25, 2011 12:12am GMT
... while a margin hike in COMEX gold may further weigh on sentiment.

[/blockquote]

Title: Re: Just commodities
Post by: ToddF on August 26, 2011, 07:12:25 AM
I thought oil was dropping, but locally SuperAmerica/Speedway declared it gouge day, and all the lemmings have followed them (as they do in all markets controlled by this chain) so let's see...

WTI - $84.65
Gas - $2.96, + 55c or so for taxes shipping  = $3.51...which is why SA is gouging $3.859   ::rockets::
Copper - $4.14
Gold $1,793.50 (that plunge lasted a long time...  ::))
Silver $41.19


Title: Re: Just commodities
Post by: charlesoakwood on August 26, 2011, 10:08:58 AM

The Bernank let it ride, thought he would help it along.  Surprise, surprise.

Title: Re: Just commodities
Post by: Libertas on August 29, 2011, 08:18:30 AM
20EMA (Exponential Moving Average) -

http://www.zerohedge.com/news/guest-post-has-gold-unwound-its-overbought-status (http://www.zerohedge.com/news/guest-post-has-gold-unwound-its-overbought-status)

I agree with a temporary pullback and then the march will go on.

Here's a chart that's a little easier to read -

http://www.trading-naked.com/Powerof20ema.htm (http://www.trading-naked.com/Powerof20ema.htm)

Title: Re: Just commodities
Post by: Libertas on August 31, 2011, 07:23:28 AM
More form the "Holy sh*t!" files courtesy of ZeroHedge -

First, the gold/confidence ratio, exhibiting "head & shoulders pattern", we can discuss the assumptions and actual level gold may hit, that it is going up is undeniable...this statement sums it all up quite succinctly - "For the bubble to deflate, the debt must disappear, or the gold price must rise."  Anybody think much debt is going away?

http://www.zerohedge.com/news/guest-post-rise-and-fall-us-confidence-or-why-fair-value-gold-phase-space-6000-12000 (http://www.zerohedge.com/news/guest-post-rise-and-fall-us-confidence-or-why-fair-value-gold-phase-space-6000-12000)

Second, silver is poised for another run, possibly hitting $50 this fall.  Lots of good info & charts!

http://www.zerohedge.com/news/silver-ready-breakout-technicals-and-fundamentals-suggest-50oz-early-autumn (http://www.zerohedge.com/news/silver-ready-breakout-technicals-and-fundamentals-suggest-50oz-early-autumn)

And there are whispers in the wind that QE3 is poised to release on or about September 21st, so once that gets factored in these two could experience much stronger increases.

ETA - Oh, and BPP at 4% & rising seems it will also be more gas for the fire...

http://www.zerohedge.com/news/annual-inflation-hits-4 (http://www.zerohedge.com/news/annual-inflation-hits-4)
Title: Re: Just commodities
Post by: charlesoakwood on August 31, 2011, 10:26:39 AM
More form the "Holy sh*t!" files courtesy of ZeroHedge -

First, the gold/confidence ratio, exhibiting "head & shoulders pattern", we can discuss the assumptions and actual level gold may hit, that it is going up is undeniable...this statement sums it all up quite succinctly - "For the bubble to deflate, the debt must disappear, or the gold price must rise."  Anybody think much debt is going away?

http://www.zerohedge.com/news/guest-post-rise-and-fall-us-confidence-or-why-fair-value-gold-phase-space-6000-12000 (http://www.zerohedge.com/news/guest-post-rise-and-fall-us-confidence-or-why-fair-value-gold-phase-space-6000-12000)

Second, silver is poised for another run, possibly hitting $50 this fall.  Lots of good info & charts!

http://www.zerohedge.com/news/silver-ready-breakout-technicals-and-fundamentals-suggest-50oz-early-autumn (http://www.zerohedge.com/news/silver-ready-breakout-technicals-and-fundamentals-suggest-50oz-early-autumn)

And there are whispers in the wind that QE3 is poised to release on or about September 21st, so once that gets factored in these two could experience much stronger increases.

ETA - Oh, and BPP at 4% & rising seems it will also be more gas for the fire...

http://www.zerohedge.com/news/annual-inflation-hits-4 (http://www.zerohedge.com/news/annual-inflation-hits-4)

(http://www.msnheaven.com/content/avatars/25/MSNHeaven098.gif)


Title: Re: Just commodities
Post by: charlesoakwood on September 01, 2011, 11:41:30 PM

(Kitco News) (http://www.kitco.com/reports/KitcoNewsMarketNuggets20110901.html)
 - The U.S. Mint sold more ounces of gold and silver bullion coins in August than it previously had since January. Total sales of American Eagle gold coins rose to 112,000 ounces in August, the Mint’s Web site shows. This is up 73.6% from 64,500 in July and the most since 133,500 ounces were sold in January. Further, the figure represents a 170% rise from the same month in 2010. However, figures for the year to date are down from last year. ...
...
Title: Re: Just commodities
Post by: Libertas on September 02, 2011, 07:15:07 AM
I guess the mint likes devalued currency more than appreciating reserves...either they are batsh*t crazy and will do anything for liquidity or they know something we don't...

As far as that latter part...they know they can confiscate the gold & silver back later and offer only pennies on the dollar since the currency won't be worth crap!  Bastards think they can fleece in both directions!

People should only be buying private bullion!

Title: Re: Just commodities
Post by: charlesoakwood on September 02, 2011, 09:00:47 AM

Skimmed something about that a couple of weeks ago, I interpreted it to say others, like the Maple leaf,  were OK.

?
Title: Re: Just commodities
Post by: Libertas on September 02, 2011, 09:15:45 AM
Yes, other nations may not come beating on thier customers doors later demanding them back!

Caveat emptor.
Title: Re: Just commodities
Post by: Libertas on September 22, 2011, 07:30:05 AM
Frankly, I think there are just so many issues with this sceanrio that making a 1930's FDR-style gold-grab unlikely...but who knows for sure?  Interesting read anyway...

Don Coxe's Fascinating Take On Why The Time For The US To "LBO" The Gold Market Has Arrived
Via ZeroHedge
http://www.zerohedge.com/news/don-coxes-must-read-take-why-time-us-lbo-gold-market-has-arrived (http://www.zerohedge.com/news/don-coxes-must-read-take-why-time-us-lbo-gold-market-has-arrived)
Title: Re: Just commodities
Post by: charlesoakwood on September 24, 2011, 05:48:19 AM

They increased the margins because it was too hot, now they are increasing margins because...

23 September 2011, 4:55 p.m.

http://www.kitco.com/ (http://www.kitco.com/)

(Kitco News) - The CME Group is raising the margins needed to trade Comex gold and silver futures are being increased by 21.5% and 15.6%, respectively, and the change will take effect after the close of business on Monday, the exchange said late Friday in a press release.

Title: Re: Just commodities
Post by: charlesoakwood on September 25, 2011, 06:22:28 PM

http://www.kitco.com/
Sep 25, 2011 19:07 NY Time

Bid/Ask    1640.60 -    1641.60
Change    -16.60        -1.00%
30daychg    -188.50    -10.31%

Quote
Reuters (http://www.reuters.com/article/2011/09/25/us-imf-idUSTRE78N1JE20110925)

Let's start doing something,'" said Austan Goolsbee, formerly chief White House economic advisor.

"I mean, they're not actually doing anything. They just keep agreeing that they're going to work in concert."


bonnie raitt - something to talk about (http://www.youtube.com/watch?v=Z04r_tlWdRs#)


Title: Re: Just commodities
Post by: Libertas on September 26, 2011, 07:08:13 AM
I'm sure the central bankers and Keynesian's the world over are pleased at this recent pullback in precious metals...but their short-term currency bounce will be short lived, their insanity ensures it.

And the ChiCom's don't want to be left out of the fun either...Shanghai bumped their margins up to 18% -

http://www.zerohedge.com/news/shanghai-gold-exchange-hikes-silver-margin-20 (http://www.zerohedge.com/news/shanghai-gold-exchange-hikes-silver-margin-20)

Trying to scare the futures traders with shutdowns...tsk, tsk, tsk!

Screw Shanghai and ANY cHI-cOM exchange anyway...if you're trading in that market the term risk averse doesn't exists in your universe!

On a real world note, economic decline is beginning to take its toll on some investors, feeling the pinch they have been selling, this is predictable and will happen occasionally just like the margin games.  Overall what is happening in the Neo-Keynesian banking world and world governments on a fundamental level that can sustain a drop in precious metal prices?  There may be some more downward action, but I foresee another buying binge coming on soon...

Title: Re: Just commodities
Post by: charlesoakwood on October 03, 2011, 03:05:47 PM
Gold moving down synonymous with the market is odd.  There have been several rationals
that didn't follow the traditional bs.  Below is a bit of information heretofore unseen.


Link (http://www.marketwatch.com/story/battered-gold-bugs-still-defying-bear-raid-2011-10-03?link=home_carousel)

Quote
The break has provoked a great deal of suspicion. Veteran Ross Norman, now of the U.K. gold-dealing site Sharps Pixley, remarked of the sellers: “Placing such a huge order into the market when the least number of market participants were active tells you that they were out for dramatic effect. Anyone looking to offload significant amounts of metal at the best possible price would have done so when both London and New York were both [open]. … Clearly finessing gold into the market was not their motive — they wanted a statement.“

Manipulation is seems more accurate than the gobble-de-gook about the sell off because of EU fears.

Title: Re: Just commodities
Post by: Libertas on October 03, 2011, 09:39:25 PM
Liquidity fears come and go.  Like everything now, instability is the order of the day, so movements can go from boring to what-the-! at any time.  This reeks of money center manipulation though, shoring up currency to combat debt fears.
Title: Re: Just commodities
Post by: charlesoakwood on October 06, 2011, 10:03:47 AM

An observer may assume this is one more step toward gold becoming the reserve currency.

Quote
LCH.Clearnet To Accept Gold As Collateral (http://www.kitco.com/reports/KitcoNewsMarketNuggets20111006.html)

(Kitco News) - LCH.Clearnet, the London-based clearing house, says it will begin to accept gold bullion as eligible collateral by the end of the month, subject to final regulatory approval. The firm says by offering gold for margin liability, it gives its market participants more flexibility. The initiative is supported by the World Gold Council, who recently submitted evidence to the Basel Committee for gold to be included in banks' "Tier 1" assets by European banking regulators. The gold will be lodged in vaults in London. The quality and fineness of the 400-troy ounce gold bars will be based on the LBMA Good Delivery List. In December 2010, LCH.Clearnet launched the first clearing service for the over-the-counter wholesale London gold market in a joint initiative with the London Metal Exchange.

By Debbie Carlson of Kitco News dcarlson@kitcodotcom

Title: Re: Just commodities
Post by: Libertas on October 06, 2011, 11:52:26 AM
Hmmm....

I wonder what those without gold to back up their currency might be subject to...I guess we'll find out.
Title: Re: Just commodities
Post by: Libertas on October 14, 2011, 07:53:34 AM
Interesting breakdown on gold -

http://www.zerohedge.com/news/gold-top-2000-central-bank-buying-bloomberg-chart-day (http://www.zerohedge.com/news/gold-top-2000-central-bank-buying-bloomberg-chart-day)
Title: Re: Just commodities
Post by: charlesoakwood on October 14, 2011, 05:53:02 PM

Very interesting article, here's a fun tidbit:

The world of 2011 is very different to that of 1980.

In 1980, the US was the world’s largest creditor nation. Today, it is the world’s largest debtor nation – the largest debtor nation the world has ever seen.

In 1980, China was a communist country whose citizens were banned from owning gold. Today, there are 1.3 billion Chinese people and a growing middle class who can buy gold.

The Chinese central bank did not have any currency reserves in 1980, today they have $3.2 trillion in foreign exchange reserves.

Similarly, India, China, Brazil and other emerging markets were debtor nations in 1980 today they are creditor nations with massive foreign exchange reserves denominated primarily in dollars.

In 1980, the much of the world was coming out of a period recession and stagflation. Today, we appear to be on the verge of a recession or Depression possibly involving stagflation again.

In 1980, there was no banking or sovereign debt crisis and no risk of global financial and economic contagion.

Title: Re: Just commodities
Post by: Libertas on October 15, 2011, 01:03:14 PM
And the wheel turns...

...and it doesn't care what it crushes or carries...


...it just keeps rolling.
Title: Re: Just commodities
Post by: charlesoakwood on October 16, 2011, 01:47:51 PM

14 October 2011, 2:16 p.m.

In the Kitco (http://www.kitco.com/) News Gold Survey, out of 34 participants, 25 responded this week. Of those 25 participants, 21 see prices up, while three see prices down and one sees prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical chart analysts.


5238
Title: Re: Just commodities
Post by: charlesoakwood on October 16, 2011, 02:02:33 PM


14 October 2011, 2:16 p.m.

In the Kitco (http://www.kitco.com/) News Gold Survey, out of 34 participants, 25 responded this week. Of those 25 participants, 21 see prices up, while three see prices down and one sees prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical chart analysts.


5238

LCH.Clearnet, gold bullion as eligible collateral, were not the first to accept gold as collateral.

Link (http://www.proactiveinvestors.com/companies/news/2741/cme-groups-decision-to-accept-gold-bullion-as-collateral-reflects-golds-growing-appeal-as-alternative-asset-class-to-us-currency-and-debt-securities-2741.html)

20th Oct 2009, 6:08 am
The CME Group (includes Chicago Mercantile Exchange) announced yesterday that it will now accept Gold as trading collateral for exchange members for all its exchange products. This is the first time a recognised exchange has allowed the commodity as an accepted collateral asset. Under the new ruling the CME will allow each exchange member to lodge up to US$200 million worth of physical Gold as collateral against its open trading positions.


And private businesses:

Off-Market/Private Sales (http://largecommercialrealestate.wordpress.com/)


Title: Re: Just commodities
Post by: Libertas on October 16, 2011, 06:38:37 PM
Why would they want something real as collateral?

/

 ::hysterical::
Title: Re: Just commodities
Post by: charlesoakwood on October 16, 2011, 07:22:54 PM

Wouldn't you really rather drive a FIAT?   The cost of collateral is going up.

(http://www.kitco.com/LFgif/au3650nyb.gif)

Real stuff is becoming more valuable every day.

Title: Re: Just commodities
Post by: Libertas on October 17, 2011, 07:10:53 AM
Nothing is going to stop the climb upward, the PTB's of the world are simply incapable of seriously addressing let alone understand the fundamentally destructive nature stifling debt has on economies and currencies.  Manipulations can only postpone judgement day.
Title: Re: Just commodities
Post by: charlesoakwood on October 18, 2011, 05:44:08 PM

She wrote this specifically for cattle, I like steak. 
I also think can be applied to commodities in general, some more so than others.

"
Generic Cattle Market Comment
Posted by Ann Barnhardt - October 18, AD 2011 11:15 AM MST
Wow. A post about the cattle markets. Amazing. It's like I'm actually doing my job, or something.


Here is the generic conversation that I have many times per day for all of my cattle people:

Yes, we are making new all-time forever and ever in the history of the universe highs in the cattle market. Yes, I think the market will continue to grind higher. However, the end of the world as we know it does make for significant CHOP. Additionally, much of the liquidity has left the markets. The volume is there, but it is all big hedge funds and computer-driven trading schemes. The actual, real PEOPLE are few and far between. Given this, there is going to be hard-core volatility and there will be downside movements within the context of general choppiness. But the inflationary trend will probably continue.

If you would like to put yourself at ease, it would certainly be fine to buy a put or a vertical put spread and get a floor or a partial floor under the market. This will help you sleep at night and allow you to mentally deal with the chop without panic. Fine. No one will ever criticize you for putting a floor under things while the market is sitting at all-time highs.

DO NOT SHORT THE BOARD OUTRIGHT. Shorting the board outright is just about the riskiest thing you could do in an inflationary environment. And if I also may say, the dumbest. Why in the WORLD would you short an inflating market? Why would you convert your valuable, real cash cattle back into U.S. dollars by selling them on the board? As the market grinds higher (which may turn into GALLOPING higher at any time) not only are you no longer hedged against the inflation, but you are also in the worst possible cash flow position of having to take what fiat currency you have and send it to Chicago in the form of margin calls. The cash cattle on the hoof ARE YOUR PROTECTION AGAINST INFLATION. Why would you give that protection up, double-down on the U.S. dollar which is obviously TOAST and will eventually dissolve into worthlessness via inflation, and then call it "risk management"? That's insane.

Risk-limited, only, guys. That means puts or vertical put spreads. Short calls are a marginable short, and thus a no-no. Don't do that. Don't put ANY cap on the top of the market. Leave it WIDE OPEN so that when it runs you are carried right along with it. That is what will save you financially. That ability to ride the wave of inflation and have your wealth hold together is the best possible scenario. DON'T SCREW IT UP.

Rule of thumb: $2.50 premium is the "new normal" in the cattle markets. Start by finding what strike is trading in the $2.50 range and then work from there. The same goes for vertical put spreads. I usually look for a $10 strike spread and then find the highest $10 window that can be bought for $2.50 net. $2.50 in net premium is still less than the initial margin requirement on an outright futures, so you're keeping your cash outlay minimized with zero additional margin call risk. For the average cattleman, this is the only hedge that I can recommend in good conscience. Everything else is uber-risky risk magnification. If you want to play games, go to a casino. Don't send everything you and your family hve built over the decades to Chicago in the form of margin calls because some fool at Cattle-Fax told you that shorting the board is what all of the cool guys do. Cool guys use their brains.
DO NOT SHORT AN INFLATING MARKET. "


Title: Re: Just commodities
Post by: Pandora on October 18, 2011, 07:04:58 PM
Yah, okay.  What I got from that?

Blahblahblah .... risk ...... blahblahblah .......DON'T SCREW IT UP ..........
Title: Re: Just commodities
Post by: Libertas on October 18, 2011, 09:04:37 PM
Options market, gotta be real careful what you do there, can lose your ass in no time flat.  Translation to other commodities is a similar lesson, know what you are doing and why and understand what the risks are.  Managing risk is key.  Overextending yourself in either market direction is never wise.  As a general rule I avoid margin buys and too cute transactions.
Title: Re: Just commodities
Post by: charlesoakwood on October 18, 2011, 10:03:21 PM
"DO NOT SHORT AN INFLATING MARKET. "

Forget the puts and calls and change the nomenclature to owning
a commodity.  To me it is some of the most concise advice on
how to evaluate your situation.

"The volume is there, but it is all big hedge funds and computer-driven trading schemes. The actual, real PEOPLE are few and far between. Given this, there is going to be hard-core volatility and there will be downside movements within the context of general choppiness. But the inflationary trend will probably continue."

These times we see this day to day and week through week.

"Why in the WORLD would you short [sell what you own in] an inflating market? Why would you convert your valuable, real cash cattle [commodity] back into U.S. dollars by selling them on the board? As the market [commodities]grinds higher (which may turn into GALLOPING higher at any time) not only are you no longer hedged against the inflation [you no longer have your commodity that will increase in value], but you are also in the worst possible cash flow position of having to take what fiat currency you have and send it to Chicago in the form of margin calls.   [are stuck with fiat currency instead of something that will increase in value along with inflation.]

That's what I read.  If I went off the rails I'm all ::ears::

Title: Re: Just commodities
Post by: Pandora on October 18, 2011, 10:23:44 PM
"DO NOT SHORT AN INFLATING MARKET. "

Forget the puts and calls and change the nomenclature to owning
a commodity.  To me it is some of the most concise advice on
how to evaluate your situation.

"The volume is there, but it is all big hedge funds and computer-driven trading schemes. The actual, real PEOPLE are few and far between. Given this, there is going to be hard-core volatility and there will be downside movements within the context of general choppiness. But the inflationary trend will probably continue."

These times we see this day to day and week through week.

"Why in the WORLD would you short [sell what you own in] an inflating market? Why would you convert your valuable, real cash cattle [commodity] back into U.S. dollars by selling them on the board? As the market [commodities]grinds higher (which may turn into GALLOPING higher at any time) not only are you no longer hedged against the inflation [you no longer have your commodity that will increase in value], but you are also in the worst possible cash flow position of having to take what fiat currency you have and send it to Chicago in the form of margin calls.   [are stuck with fiat currency instead of something that will increase in value along with inflation.]

That's what I read.  If I went off the rails I'm all ::ears::



Oh hell!  Somebody hurry up and tell Charles if he's got it right because if he does, I actually understand it!

/I need an economic/trader language interpreter.
Title: Re: Just commodities
Post by: Libertas on October 19, 2011, 06:36:56 AM
Charles has it right.  Inflation and debasement is killing the dollar, the murderers are the Fed & Treasury, the vultures are the big traders, the easily fleeced are us little nibblers who dare buy on margin.  Converting an inflation hedge into a declining currency is nuts.  When the downward trend is pronounced and perceived to be not changing direction anytime soon the only smart play is to hold the commodity, at least you are protected from eroding value.
Title: Re: Just commodities
Post by: Pandora on October 19, 2011, 09:40:13 AM
Charles has it right.  Inflation and debasement is killing the dollar, the murderers are the Fed & Treasury, the vultures are the big traders, the easily fleeced are us little nibblers who dare buy on margin.  Converting an inflation hedge into a declining currency is nuts.  When the downward trend is pronounced and perceived to be not changing direction anytime soon the only smart play is to hold the commodity, at least you are protected from eroding value.

Worse comes to worst, ya can always eat it.
Title: Re: Just commodities
Post by: Libertas on October 19, 2011, 10:17:10 AM
Depends.  How long can I keep a side of beef viable?!
Title: Re: Just commodities
Post by: charlesoakwood on October 19, 2011, 10:26:44 AM

Put it in a can or buy it already canned.

Title: Re: Just commodities
Post by: Pandora on October 19, 2011, 10:29:42 AM
Depends.  How long can I keep a side of beef viable?!

Depends, as you said.  Isn't Prime Rib made by hanging the beef and letting it age (don't know the particulars)?

Then, there's butchering into "cuts" and freezing or canning.
Title: Re: Just commodities
Post by: charlesoakwood on November 29, 2011, 06:28:39 PM

Ron Paul's Plan for Monetary Freedom (http://www.youtube.com/watch?v=Cj-0B_60Nkk#ws)

Title: Re: Just commodities
Post by: Libertas on December 14, 2011, 10:04:09 AM
Last chance to buy physical before bodies start hitting the floor?

http://www.zerohedge.com/news/commodity-unwind-continues-global-liquidity-scramble-accelerates (http://www.zerohedge.com/news/commodity-unwind-continues-global-liquidity-scramble-accelerates)

And a Neo-Keynsian with a poor investment advice record slams physical holders...what a douche...

http://www.zerohedge.com/news/roubini-asks-%E2%80%98goldbugs%E2%80%99-twitter-%E2%80%9Cwhere-2000%E2%80%9D+ (http://www.zerohedge.com/news/roubini-asks-%E2%80%98goldbugs%E2%80%99-twitter-%E2%80%9Cwhere-2000%E2%80%9D+)

When the collapse comes, I don't know how many I'll be able to trade PM's for goods with (may need other tradables in the short-term) but long-term value will be based on something, and PM will always have value.  What are idiots like this going to do when that stack of cash isn't worth doing anything with except maybe wipe his ass or start a fire?
Title: Re: Just commodities
Post by: charlesoakwood on December 14, 2011, 11:38:26 AM

Whatsisname will screw up again, just hold on.

...Roubini, who is its chairman. It has over 85 employees, and is still losing money.
 (http://www.cnbc.com/id/44859944/Economist_Nouriel_Roubini_s_Firm_Is_For_Sale)
Title: Re: Just commodities
Post by: Libertas on December 14, 2011, 11:42:23 AM
Wearing your ass for a hat must grow comfortable after a while...for people unable to learn from their mistakes...

 ::hysterical::
Title: Re: Just commodities
Post by: charlesoakwood on December 15, 2011, 11:10:38 PM
Quote
http://www.thestreet.com/story/11346767/1/gold-prices-fight-to-recover-after-carnage.html

"Was it panic selling?" Asks Jeffrey Wright, senior research analyst at Global Hunter Securities. "No, more program selling that overwhelmed the bids that were in the system." Wright thinks gold's massacre and subsequent volatility is predicated on short term headlines and a lack of resolution out of Europe as well as light volume. "As we get closer to holidays there are less market participants and less on the retail side ... when you have a sharp event and you don't have the breadth of market liquidity it can make these moves sharper because there is no one to participate."

Sounds reasonable, today.

Title: Re: Just commodities
Post by: Libertas on December 16, 2011, 07:07:05 AM
Well, if I was into leveraged buys and hit with steep margin calls, yeah, I'd be a panicky seller too!  And the program selling, the Big Boys run that action, they get their cut, the flock being sufficiently fleeced, they bid their time until the next shearing...problem is, they're running out of sheep...they've shaved most of their vicitims out of the market it appearts to me...hence the light volumes.  Just wait, next year the mother-of-all-QE's will be unleashed and no amount of gaming will be able to restrain the upward march of PM's.  But if the economy, politics...the nation slide sideways...well, when chaos rules it will be hard to predeict what anything would do...get the hell out of everything before that happens!
Title: Re: Just commodities
Post by: Libertas on December 16, 2011, 07:46:24 AM
Oh, this is a good read!

http://www.zerohedge.com/news/guest-post-what-gold-supply-crunch (http://www.zerohedge.com/news/guest-post-what-gold-supply-crunch)
Title: Re: Just commodities
Post by: Libertas on December 21, 2011, 10:34:03 AM
ZeroHedge via GoldCore - 2012 Outlook For Gold – Positive Fundamentals Remain And Crucial Diversification
http://www.zerohedge.com/news/2012-outlook-gold-%E2%80%93-positive-fundamentals-remain-and-crucial-diversification (http://www.zerohedge.com/news/2012-outlook-gold-%E2%80%93-positive-fundamentals-remain-and-crucial-diversification)

 ::thumbsup::
Title: Re: Just commodities
Post by: charlesoakwood on December 21, 2011, 12:26:33 PM

History as a gauge, within two years there will be a 20% increase.
 
Title: Re: Just commodities
Post by: Libertas on December 22, 2011, 10:55:09 AM
If more accelerant is applied, that could be a very modest estimate.
Title: Re: Just commodities
Post by: charlesoakwood on January 03, 2012, 02:19:24 PM
Ann has several more posts up regarding MF Global and CME's potential
collapse, and of course the inferred domino affect.

http://www.barnhardt.biz/ (http://www.barnhardt.biz/)
[blockquote] So, if Mr. Koutoulas is accurately recounting the words of Terry Duffy, and I have no reason to think that he isn't, I was exactly right in my letter. The CME has an $8 billion default slush fund which could have made the MF Global situation go away INSTANTLY. The CME could have stepped in, essentially taken over the firm, squared the books, and then sold the firm intact with customer integrity completely maintained. They have done it before. Many times. In fact, that is the base, root function of the CME. It is also their moral and legal obligation because the CME was the entity that was charged with auditing oversight of MF Global. MF Global was under the regulatory auspices of the CME on the private side, and the CFTC on the government side. The CME was liable and thus failed, and failed CRIMINALLY in their fiduciary duty.

But why? They had the money ready to go in a reserve slush fund for a situation EXACTLY like this. Why didn't they do it? Because they KNEW and they KNOW that MF Global is, as I said, the mere tip of the iceberg. ...

& scrolling down to:
On Cascading Counterparty Risk & Economic Treason
[/blockquote]


                                                                                                                            6104

Dawn comes a little light. 
I just renewed my electric contract.  Here, you may enter into contract with one of several
providers.  The contracts offered (there are signing incentives such as frequent flyer credit
or cash cards etc) are mostly from month to month up to 18 months maybe more I didn't look. 
So I made my choice and have locked in my electricity rate for the next year.  If what she is
saying comes to pass my electric rate will not only increase due to risk and extra operating
costs, it will vary month to month.

Title: Re: Just commodities
Post by: Libertas on January 03, 2012, 07:00:14 PM
Ann is dead on right.  When the integrity of the system begins to unravel the unwinding could be catastrophic.

There has never been a time in my lifetime where we face so much peril on so many fronts.

Weathering the storm may take on a new definition for this generation.
Title: Re: Just commodities
Post by: charlesoakwood on January 05, 2012, 01:02:56 AM

She's got more gasoline today -

Well, as we all knew and expected, the Squid has its rows of suckers and beaked gaping maw all over the MF Global collapse. It turns out that on October 27th Goldman Sachs bought hundreds of millions of dollars in securities from the imploding MF Global. I'm shocked. Are you shocked, because I'm shocked. I guess Lloyd Blankfein must have just FORGOTTEN TO MENTION IT to anyone. I mean, it's not like $1.2 billion in "missing" customer seg funds, and a multi-hundred million dollar firesale of paper the day before the customer funds went "missing" is any big deal or could possibly be connected or relevant or anything. Nah.

JP Morgan held the paper, and apparently, if I'm reading this right, the securities changed hands and went to Goldman, but the payment never made it into the MF estate. JP Morgan just "took care of it", or something. In other words, it's just a big, incestuous orgy of cephalopod-human psychopathy.

Goldman Sachs article (http://news.yahoo.com/mf-global-sold-assets-goldman-collapse-sources-002332058.html;_ylt=Av_8jAG99ZsDDu0TKFdoLnms0NUE;_ylu=X3oDMTQ4MW1wcWRqBG1pdANTZWN0aW9uTGlzdCBGUCBCdXNpbmVzcwRwa2cDZjQwODVlNjEtYTRkNS0zYWVkLTk0NWUtMTBkZWFkMDI2Y2Q3BHBvcwMzBHNlYwNNZWRpYVNlY3Rpb25MaXN0BHZlcgNiNTA0MGI4MC0zNjZhLTExZTEtYWZkNy01OTQ0ZWRkYTM1ZTg-;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3)  

                                                                                                                        6192
Title: Re: Just commodities
Post by: Libertas on January 05, 2012, 06:48:43 AM
Yup, birds of a feather...

Oh hey, lookie here, the Sith Lord himself was in on this scam!

"The Wall Street Journal previously reported that George Soros' fund was a buyer of securities sold by MF Global, scooping-up some of its European sovereign debt at a deep discount. Panic among investors and clients about MF Global's $6.3 billion bet on European sovereign bonds led to its demise."

 ::guillotine::

Title: Re: Just commodities
Post by: charlesoakwood on January 05, 2012, 08:45:11 PM

Warren Pollock & Ann in Conversation
Posted by Ann Barnhardt - January 5, AD 2012 2:47 PM MST
This is a little more technical and "wonkish", but I think both Warren & I did a good job of explaining things and keeping it accessible for the Average Joe. I would also encourage those who have the ability to mirror this YouTube to go ahead and do so, as we get into some pretty hard-core territory that "the powers that be" definitely don't want people to be aware of much less understand.

 [blockquote] Ann Barnhardt and I (Warren Pollock) have an open conversation organized to provide background to this crisis, the setting of legal precedent, netting, settlement, and future trends including a potential bank holiday. We talk about MF Global as it applies to savings and commercial banking, brokerage, insurance, and commodities. We talk about numeric impossibility of solving the problem, incest between government and finance, having the victim of the crisis pay rather than the fraudster. We explain how the MF Global bankruptcy process will define how customer funds will be treated in a bank holiday. We talk about the idea of having an honest bank holiday to root out fraud vs an economic crisis which plays to looting and criminal activity of vested interest.[/blockquote]   

Ann Barnhardt & Warren Pollock Have an Open Conversation (http://www.youtube.com/watch?v=hGl3QPfB084#ws)

                                                                                                                                   6223
Title: Re: Just commodities
Post by: Libertas on January 06, 2012, 07:01:15 AM
"looting and criminal activity of vested interest"

Old habits die hard...especially when they go unpunished and uncorrected.
Title: Re: Just commodities
Post by: Libertas on January 11, 2012, 07:49:15 AM
Whoa, OJ going nuts!

http://finviz.com/futures_charts.ashx?t=JO (http://finviz.com/futures_charts.ashx?t=JO)

Brazilian fungus causing fear to run up prices.

http://online.wsj.com/article/SB10001424052970204124204577152612500414628.html?mod=WSJ_hp_LEFTWhatsNewsCollection (http://online.wsj.com/article/SB10001424052970204124204577152612500414628.html?mod=WSJ_hp_LEFTWhatsNewsCollection)

But like every commodity, just remember what our government says, inflation is tamed, there is no inflation, keep saying that!  Hummmm.....Hummmmm...there is no inflation, there is no inflation...

Title: Re: Just commodities
Post by: Libertas on January 17, 2012, 07:39:47 AM
Survey says...Gold to hit $2k/oz by early next year.

http://www.zerohedge.com/news/global-gold-coin-bar-demand-surges-2011-thomson-reuters-gfms-annual-gold-survey (http://www.zerohedge.com/news/global-gold-coin-bar-demand-surges-2011-thomson-reuters-gfms-annual-gold-survey)

Not an overly bold prediction.  After the great stall-out on budget talks and Stymie bending feckless Repub's over for more on the credit card limit, and Turbo-Timmy and Ben Bernanke print money hand over fist with QE3...well, we could hit $2k by the fall!

Plus, if more buying pressure kicks in...another impetus to higher prices.

This is going to be a fun year!

Any re-pegging of currencies via PM's to resolve debt issues, well, wars could start over that crap if they try to skim peoples wealth away!
Title: Re: Just commodities
Post by: charlesoakwood on January 17, 2012, 11:57:07 AM

I'm beginning to think it's fixed just as the rest,
adjusted for inflation it should be between 18 and 20 right now.

Title: Re: Just commodities
Post by: Libertas on January 17, 2012, 12:15:35 PM
Well, after brow-beating people with margin hits, it should spring back, even stronger, since there are few left to beat anything out of!

Paper holdings can be hammered, physical possession cannot be denied, and hiding the inflation cannot last.
Title: Re: Just commodities
Post by: Libertas on January 23, 2012, 11:18:35 AM
OJ is going wild again!

No, not that throat-slashing maniac, the real OJ!

http://www.zerohedge.com/news/machines-are-back-randolph-and-mortimer-stage-epic-comeback-oj-trading-all-time-high (http://www.zerohedge.com/news/machines-are-back-randolph-and-mortimer-stage-epic-comeback-oj-trading-all-time-high)

Oh my God, I hope this doesn't cascade into a run on vodka!   ::speechless::
Title: Re: Just commodities
Post by: charlesoakwood on January 23, 2012, 11:54:14 AM

Billy Ray Valentine learns commodities (http://www.youtube.com/watch?v=7EjdC0pjo1A#)
Title: Re: Just commodities
Post by: Weisshaupt on January 23, 2012, 12:05:36 PM
I have always liked Trading Places. Of course, saying that now is probably racist, even though the movie carries every bit of Liberal theory including Affirmative action, evil rich, etc.

The exchanges are marketplaces with armed guards around them. If you want access, you have to pay the price of admission, no matter what you do once you are in. In an internet world, the costs of particpation have come down via E-Trade etc, but ultimately a market is a service like anything else - they assemble your potential buyers and sellers in one place, and you pay for access to them.



 
Title: Re: Just commodities
Post by: ToddF on January 23, 2012, 12:06:05 PM
I admit, I've been thinking of Trading Places, also, since the run on OJ began.   ::laughonfloor::
Title: Re: Just commodities
Post by: charlesoakwood on January 24, 2012, 03:49:20 PM

[blockquote] FIA Establishes Task Force to Respond to Issues Related To MF Global  (http://www.kitco.com/reports/KitcoNewsMarketNuggets20120124.html)

The Futures Industry Association says it has established a special committee to address issues related to the bankruptcy of MF Global. The Futures Market Financial Integrity Task Force will develop and recommend measures that can be implemented through both industry best practice and regulatory change. Also, the FIA says it intends to work with end-users and other market participants to examine the adequacy of current models to protect customer funds. “Although we still do not know for certain what caused the significant shortfall in customer segregated funds required to be held at MF Global, any loss of customer assets is entirely unacceptable and the reasons for the deficiency need to be identified,” says Michael Dawley, chairman of the FIA and managing director at Goldman Sachs & Co.[/blockquote]

Isn't this a Fox guarding the hen house story?  Or, tell me what I'm smelling isn't chickensh*t.

                                                                                                                                                         6463
Title: Re: Just commodities
Post by: Pandora on January 24, 2012, 03:55:54 PM
Hoo boy.  Newp, CO, your smeller is working just fine.
Title: Re: Just commodities
Post by: Libertas on January 25, 2012, 07:36:06 AM
It's bullsh*t.  Coming into the henhouse after the fox has slaughtered them all and then looking around asking "what happened here?" is useless.  It's all PR/damage control BS and it has zero chance of fooling anybody.  The only way to ensure this doesn't happen again is to go hard after all the perp's who had a hand in this, starting with Corzine, and seizing all their assets which can be added to fines levied and provided to the victims of this crap.  Then the perps can spend life in a fed pen.  Otherwise after all this dies down some other lowlifes will just pull the same stunts again.
Title: Re: Just commodities
Post by: Pandora on January 25, 2012, 02:29:49 PM
Which is the reason why there are laws against the sort of thing Corzine did.  And what's the point of the law if it isn't enforced?  None.  This just encourages the corruption.
Title: Re: Just commodities
Post by: Libertas on January 25, 2012, 09:06:34 PM
Yup.  They are merely circling the wagons, spouting empty words of accountability and hoping the whole damn thing just goes away.

Tell all those people that got hosed to "let it go" and see what happens!

They ought to be allowed to tear these vultures apart!
Title: Re: Just commodities
Post by: charlesoakwood on January 25, 2012, 09:14:13 PM

If Ron Paul is the man to deconstruct the Fed
who is the man to reconstruct the CME?
Title: Re: Just commodities
Post by: Libertas on January 25, 2012, 09:43:31 PM
Ann!
Title: Re: Just commodities
Post by: charlesoakwood on January 25, 2012, 10:22:47 PM

 ::thumbsup::
Title: Re: Just commodities
Post by: Libertas on January 26, 2012, 07:52:18 AM
Gold broke through moving average, while we are in QE 2.5 with QE 3,4 &n 5 lurking, if this new price support for gold is real, this could be a heck of a year for PM performance overall!  Might be in the last buying opportunity window for some time.  Since the start of the new year metals overall have been ticking upwards.

And depending upon news out of Europe & Asia and here at home this elections season, well, whole lotta variables to play with, and the overall trends seem bullish to me.

http://www.zerohedge.com/news/continuing-negative-real-interest-rates-sees-gold-rise-above-1700oz (http://www.zerohedge.com/news/continuing-negative-real-interest-rates-sees-gold-rise-above-1700oz)
Title: Re: Just commodities
Post by: Libertas on January 31, 2012, 08:06:41 AM
China continues to load up on gold.

http://www.forbes.com/sites/gordonchang/2012/01/29/why-are-the-chinese-buying-record-quantities-of-gold/ (http://www.forbes.com/sites/gordonchang/2012/01/29/why-are-the-chinese-buying-record-quantities-of-gold/)

The hedging will continue.
Title: Re: Just commodities
Post by: ToddF on January 31, 2012, 08:23:54 AM
We in the Twin Cities finally broke through the weekly $3.399 per gallon gouge mark.  The new SuperAmerica led gouge mark is $3.459.  It's still only January.  I'll hate to see what it is in spring.

Good luck with your "recovery," Toonces.
Title: Re: Just commodities
Post by: ToddF on January 31, 2012, 08:26:25 AM
It's all heading back up, now.

Oil - $100.63
Unleaded - $2.8878
Copper - $3.86
Gold - $1,748.50
Silver - $33.795

Title: Re: Just commodities
Post by: Libertas on January 31, 2012, 11:50:39 AM
It's just a sign of a "healthy economy" MNHawk!

/
Title: Re: Just commodities
Post by: charlesoakwood on February 03, 2012, 12:04:03 AM

JimRogersChannel on Jan 15, 2012

Jim Rogers - ET Now - 15 January 2012 (http://www.youtube.com/watch?v=f48VcKRFZVc#)
Title: Re: Just commodities
Post by: Libertas on February 14, 2012, 07:10:44 AM
In response to Euro downgrades...banks buy gold and currencies take a slide -

http://www.zerohedge.com/news/inevitable-us-uk-japan-euro-downgrades-lead-further-currency-debasement (http://www.zerohedge.com/news/inevitable-us-uk-japan-euro-downgrades-lead-further-currency-debasement)
Title: Re: Just commodities
Post by: Libertas on February 16, 2012, 11:18:54 AM
This chart from the link really shows how the margin calls flushed people out...and little wonder central bankers are buying physical either...

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/WGC%205.jpg)
http://www.zerohedge.com/news/steve-mandel-rejoins-gold-party-world-gold-council-chimes (http://www.zerohedge.com/news/steve-mandel-rejoins-gold-party-world-gold-council-chimes)
Title: Re: Just commodities
Post by: ToddF on February 16, 2012, 02:32:03 PM
Unleaded up to $3.044.  That would put price to the station, in Minnesota, of around $3.55.  A likely increase soon to the $3.799 range.
Title: Re: Just commodities
Post by: charlesoakwood on February 16, 2012, 02:52:55 PM

Going up here too.  Wonder if it'll stay up for the election?
Title: Re: Just commodities
Post by: Libertas on February 16, 2012, 07:17:01 PM
Unleaded up to $3.044.  That would put price to the station, in Minnesota, of around $3.55.  A likely increase soon to the $3.799 range.

$3.45 and climbing by me, oil went over $102 today, Iranian jitters to push higher, and if any  distribution disruptions arise it'll get fugly in no time.
Title: Re: Just commodities
Post by: charlesoakwood on February 16, 2012, 07:28:57 PM

It had been slow, there are better than nineteen tankers going and coming.
Title: Re: Just commodities
Post by: Libertas on February 16, 2012, 08:05:36 PM
Once loaded, might as well hit the throttle and scoot!
Title: Re: Just commodities
Post by: ToddF on February 17, 2012, 07:33:50 AM
Friday is usually gouge day, more often than not.  It can't stay in the 3.40's for long.  $3.699 maybe?
Title: Re: Just commodities
Post by: Weisshaupt on February 22, 2012, 01:16:22 PM
Friday is usually gouge day, more often than not.  It can't stay in the 3.40's for long.  $3.699 maybe?

$6 gas in Florida (http://tampa.cbslocal.com/2012/02/22/florida-drivers-shelling-out-nearly-6-a-gallon-at-some-gas-stations/)

Oil is not up, the dollar is down.
Quote
During the 493 months since January 1, 1971, the price of WTI has averaged Au0.0732/bbl. It has been higher than that during 225 of those months and lower than that during 268 of those months. Plotted as a graph, the line representing the price of a barrel of oil in terms of gold has crossed the horizontal line representing the long-term average price (Au0.0732/bbl) 29 times. (http://www.forbes.com/sites/louiswoodhill/2012/02/22/gasoline-prices-are-not-rising-the-dollar-is-falling/)

Did you get your cost of living raise?  Maybe Obama needs a new law: for every 50% devaluation of the currency, you get a 5% increase in pay.

And just to drive the point home ( and give these links a better place to be than than the European thread)
 The Race to Debase (http://www.zerohedge.com/news/race-debase-all-its-glory)
The Race to Debase in terms of Gold (http://www.zerohedge.com/news/here-why-dow-just-passed-13000)
 the Dow in terms of Gold (http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture)
 S&P index  measured in Oil
 (http://www.zerohedge.com/news/presenting-biggest-tradeoff-surging-stock-market)

Meanwhile gold is proving it cares nothing for anyone's feelings.
Up to $1777

http://www.kitco.com/charts/livegold.html (http://www.kitco.com/charts/livegold.html)
Title: Re: Just commodities
Post by: Libertas on February 22, 2012, 01:46:02 PM
Oil is up, as Brent is the proxy for Mid-East oil and has been rising.

http://www.bloomberg.com/markets/commodities/futures/ (http://www.bloomberg.com/markets/commodities/futures/)

For gas, growing demand in emerging markets is driving demand more than anything.

Gold is AUsome, they can only play so many games, it's value has nothing but upward pressure.  As soon as it hits new recent highs, some will cash out for fiat currency, which if they aren't converting it to something equally valuable...I see no point.

Title: Re: Just commodities
Post by: Libertas on February 23, 2012, 07:22:51 AM
Gold vs stocks and the impact of the CFSB fear index.  Please take special note of comments by "credittrader", he knows his stuff!

http://www.zerohedge.com/news/gold-explodes-nyse-volume-re-implodes (http://www.zerohedge.com/news/gold-explodes-nyse-volume-re-implodes)
Title: Re: Just commodities
Post by: Weisshaupt on February 23, 2012, 08:47:22 AM
Please take special note of comments by "credittrader", he knows his stuff!


Wonderful, now I know more than I wanted to about how to leverage an "event" using long term vs. short term gambling, I mean trading.
ZH comments are often more worth your time than the articles themselves, and once in a while you get a  good zinger in the 3rd grade taunts, and the political spectrum runs the gambit.

A lot of the folks on ZH are full time, don't care how I make money, as long as I make it, traders.  Maybe I am stupid, but I just can't bring myself to make money the way these people do-which is mostly by fleecing the less experienced and less attentive. Basically riding on the scams bigger and larger forces are setting up to the detriment of us all.  The recent Greek bailout comes to mind - trying to sign up a future generation to pay the bartab of the previous one, and to foreigners,  and they will try it here too. And these guys will salivate all over it.  And then there is the Gold-bug/Day-Trader rivalry. Gold-bugs fear the collapse of the system over the next few years, and the traders see nothing but day, week, month long opportunities to make a buck, and don't care if the system goes or not - after all, they "got theirs." And really that is the mindset of our current political class- they know its going down- might as well pull as much for themselves out before it goes. 
 
I knew the S&P would run from 6500 to some stupidly high level on QE, but I couldn't bring myself to speculate on it. I have the same problems with "short" positions.. I think its just wrong and immoral to bet against someones success -  not to mention that it creates a moral hazard  incentive to drive failures.  I get that shorts serve a genuine purpose in allowing commodities producers to shift their risk to investors,  but I can't figure out why anyone with a Stock would need that. I see how most of these scams,schemes,  methods work,  I just couldn't look myself in a mirror if I used them. Isn't  that sad?


 
Title: Re: Just commodities
Post by: Libertas on February 23, 2012, 11:18:45 AM
Yeah, some of the more unabashed speculators replicate what some of the large central bank & borkerage houses predatory practices, there is legitimate uses for hedge plays, but by and large the Ron Paul hardcore ZH commenter despises pretty much all of them.

Right now the major shakers seem to be squeezing what real value there is to be had, regardless who it leaves in the dirt, and when the air is let out of bloated equity and credit markets...well, the carnage will be enormous.  Doubling-down on insanity is all they have left, try to postpone Judgement Day and kick the can down the old decomposing road...
Title: Re: Just commodities
Post by: Weisshaupt on February 23, 2012, 11:42:04 AM
Yeah, some of the more unabashed speculators replicate what some of the large central bank & borkerage houses predatory practices, there is legitimate uses for hedge plays, but by and large the Ron Paul hardcore ZH commenter despises pretty much all of them.

Case in point:

Quote
So, what is wrong all of a sudden with paying your bills even if it has to be in gold?  Seizing assets that are pledged in a loan agreement is one of the foundations of our banking systems.  How does this all of a sudden become something dispicable like 'plundering"?

Quote
Ratboy.  Are bailouts and quantative easings part of the foundation of our banking systems?

Quote
Yes they are.  The sooner that you can accept those facts that the sooner you will be able to make rational decisions about the world and your own finances.

Yes, I know the world sucks, but you can use that to make a buck, and you are irrational if you don't.

The World Is What We Make Of It (http://www.youtube.com/watch?v=qbBAqaf6cIg#)


Some bucks aren't worth the Karma they cost.  If that makes me an idiot, so be it.
 



Title: Re: Just commodities
Post by: Libertas on February 23, 2012, 11:45:34 AM
I hear ya, I'm more of a long term investor, although I have engaged in short-term plays before, and I am (and have been for several years now) where value is - commodities.
Title: Re: Just commodities
Post by: Pandora on February 23, 2012, 12:01:22 PM
Quote
Some bucks aren't worth the Karma the cost.

It may be legal, but that doesn't make it isn't moral or ethical.  It strikes me that this is what's wrong with a lot of our financial system and the players in it - there's less and less honor.



Title: Re: Just commodities
Post by: Libertas on February 23, 2012, 12:23:59 PM
Unless you have a ton of money and sophisticated trading programs its hard to beat the big money houses to the punch, the vast majority of us will just get squished.  Ask Ann Barnhardt.
Title: Re: Just commodities
Post by: Pandora on February 23, 2012, 02:38:21 PM
Oil is up, as Brent is the proxy for Mid-East oil and has been rising.

http://www.bloomberg.com/markets/commodities/futures/ (http://www.bloomberg.com/markets/commodities/futures/)

For gas, growing demand in emerging markets is driving demand more than anything.

Gold is AUsome, they can only play so many games, it's value has nothing but upward pressure.  As soon as it hits new recent highs, some will cash out for fiat currency, which if they aren't converting it to something equally valuable...I see no point.



And the POS currently occupying the WH is all over the "news" today talking about high gas prices - clips - mocking Republicans, "so, what's their solution?  Drill.  And then drill some more.  And keep drilling".

How cum (yes, this is rhetorical) higher gas prices during Bush's terms were his fault because he was "an oilman" and "in bed with the oil companies", but escalating gas prices now are still Republicans' fault, EVEN THOUGH the aforementioned POS said, during his previous campaign, that he wanted higher prices at the pump?

I so hate this guy; let me count the wayz .....
Title: Re: Just commodities
Post by: Libertas on February 24, 2012, 07:21:43 AM
I H8 him too, should be a no-brainer beat-back on this issue, but aside from Palin and a few orthers nobody has the stones or sense to.

 ::gaah::
Title: Re: Just commodities
Post by: Libertas on March 19, 2012, 07:03:43 AM
This is a good retrospective on the silver market, there is a lot of technical jargon, but if you at least read the "what I learned" paragraph and the last two paragraphs you should have a better appreciation of how the big guns game the system for advantage.

http://www.zerohedge.com/news/archives-bunker-hunt-and-silver-thursday (http://www.zerohedge.com/news/archives-bunker-hunt-and-silver-thursday)

I can imagine what Ann Barnhardt would say about this!
Title: Re: Just commodities
Post by: charlesoakwood on March 20, 2012, 11:55:37 PM

http://www.reuters.com/article/2012/03/20/us-usa-fed-gold-idUSBRE82J17A20120320 (http://www.reuters.com/article/2012/03/20/us-usa-fed-gold-idUSBRE82J17A20120320)
(Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday took aim at proponents of the gold standard, saying that such a system handicaps the government's ability to address economic conditions.


(http://www.drudgereport.com/ocb.jpg)
             Link (http://washington.cbslocal.com/2012/03/20/controversial-painter-depicts-obama-with-burning-constitution/)
Title: Re: Just commodities
Post by: Libertas on March 21, 2012, 07:00:06 AM
You know what that means CO?  Yup, confiscation is coming.  Best stash that stash good and tell the Fed's it was all tragically lost in a boating accident!
Title: Re: Just commodities
Post by: charlesoakwood on March 21, 2012, 06:05:49 PM

It was a turribal turribal thing, yes it was.
Title: Re: Just commodities
Post by: Libertas on March 21, 2012, 07:14:29 PM
Turribal.

 ::hysterical::
Title: Re: Just commodities
Post by: charlesoakwood on March 21, 2012, 11:48:54 PM

The money quote:

[blockquote]    Interviewer: If he [Corzine} gets off doing this scott free without any investigation [uh, how about a criminal conviction??], what does that say to the future?

    Koutoulas: It says that you should get your money out of the U.S. financial system, because people can go in and take money out of not just a bank account, but something that is supposed to be much safer than a bank account, and have no repercussions, and this cannot stand. And if it does, America's financial system is not safe for anybody.

Hat tip: Warren Pollock
 [/blockquote]

Has JP Morgan Looted Accounts During Previous Bankruptcies? Lehman Brothers and Lessons Not Learned (http://www.youtube.com/watch?v=ymFiZDKD1W0#ws)


The beginning:

Koutoulas Faces Reality: Financial System Toast
Posted by Ann Barnhardt - March 21, AD 2012 1:43 PM MST
Remember James Koutoulas? He's the Roy Orbison-looking guy who ran a hedge fund and got raped by MF Global. Mr. Koutoulas was also a lawyer, so he decided to dust off his J.D. and fight in court, and became a "voice of the customers." When I shut Barnhardt Capital Management down in November of 2011, he criticized me for not sticking around and fighting it out - which is a very faulty argument because I and all brokers are basically HELPLESS to defend client funds with FCMs, and because I would be risking not just my own money, but orders of magnitude more at risk would be MY CLIENTS' funds. My client book value ranged from twenty to sixty times my personal posted capital, which is very standard. The capital I had to post personally was basically to protect my clearing firm against two things: a big trading error on my part, OR a client skipping out on a deficit balance. It's one thing to lay down your own chips. It is quite another to cavalierly lay down someone else's chips. Big, big moral difference there.

Well, Mr. Koutoulas, after staring down the beast from inside the pit for these last five months, has reached the same conclusion that I reached two weeks after the MF Global collapse. The U.S. financial system is irretrievably broken. All hands abandon ship.

I don't know who the interviewer is, but his "sympathy for Corzine" schtick is total bee-ess. You can't "temporarily steal" someone else's funds to finance your suicidally stupid house accounts. There is nothing, and I mean NOTHING that justifies monkeying around with customer money. This moral equivocation crap has got to stop.

Title: Re: Just commodities
Post by: Libertas on March 22, 2012, 07:22:53 AM

The money quote:

[blockquote]    Interviewer: If he [Corzine} gets off doing this scott free without any investigation [uh, how about a criminal conviction??], what does that say to the future?

    Koutoulas: It says that you should get your money out of the U.S. financial system, because people can go in and take money out of not just a bank account, but something that is supposed to be much safer than a bank account, and have no repercussions, and this cannot stand. And if it does, America's financial system is not safe for anybody.

Hat tip: Warren Pollock
 [/blockquote]

Has JP Morgan Looted Accounts During Previous Bankruptcies? Lehman Brothers and Lessons Not Learned (http://www.youtube.com/watch?v=ymFiZDKD1W0#ws)


The beginning:

Koutoulas Faces Reality: Financial System Toast
Posted by Ann Barnhardt - March 21, AD 2012 1:43 PM MST
Remember James Koutoulas? He's the Roy Orbison-looking guy who ran a hedge fund and got raped by MF Global. Mr. Koutoulas was also a lawyer, so he decided to dust off his J.D. and fight in court, and became a "voice of the customers." When I shut Barnhardt Capital Management down in November of 2011, he criticized me for not sticking around and fighting it out - which is a very faulty argument because I and all brokers are basically HELPLESS to defend client funds with FCMs, and because I would be risking not just my own money, but orders of magnitude more at risk would be MY CLIENTS' funds. My client book value ranged from twenty to sixty times my personal posted capital, which is very standard. The capital I had to post personally was basically to protect my clearing firm against two things: a big trading error on my part, OR a client skipping out on a deficit balance. It's one thing to lay down your own chips. It is quite another to cavalierly lay down someone else's chips. Big, big moral difference there.

Well, Mr. Koutoulas, after staring down the beast from inside the pit for these last five months, has reached the same conclusion that I reached two weeks after the MF Global collapse. The U.S. financial system is irretrievably broken. All hands abandon ship.

I don't know who the interviewer is, but his "sympathy for Corzine" schtick is total bee-ess. You can't "temporarily steal" someone else's funds to finance your suicidally stupid house accounts. There is nothing, and I mean NOTHING that justifies monkeying around with customer money. This moral equivocation crap has got to stop.



Amen, Sister!

And I would argue much of what people think is "safe" right now is at risk.  Think beyond your everyday bank account, I'm talking 401(k), 403(b), pensions, IRA's & brokerage accounts!  All are at risk either from government seizure or debasement and/or fiduciary failures ala MFG!  There is a psychotic form of musical chairs going on in the world and only the master manipulators like Soros are profiting from it.
Title: Re: Just commodities
Post by: charlesoakwood on March 22, 2012, 07:52:07 PM

http://freebeacon.com/gun-boom-continues-despite-florida-shooting/ (http://freebeacon.com/gun-boom-continues-despite-florida-shooting/)
...
Shares of Sturm Ruger & Co. (RGR) were up as high as 14 percent Thursday afternoon after CEO Michael Fifer announced the company was temporarily suspending its acceptance of new orders in an effort to meet a dramatic surge in demand for its products.

“Despite the company’s continuing successful efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders,” Fifer said in the statement late Wednesday.

Ruger received more than a million order requests in the first quarter of 2012.
...
Title: Re: Just commodities
Post by: Libertas on March 23, 2012, 07:59:38 AM
Whoa, people be sensing something out there eh?

And the government ordering a buttload of .40cal ammo probably doesn't lessen the fear at all either, eh?

Bullish on guns & ammo!
Title: Re: Just commodities
Post by: Libertas on March 23, 2012, 08:58:52 AM
Oil Conundrum Explained

"Each and every American, and especially those involved in tracking the economy, will have to remind themselves and the public that at bottom, it was the Federal Reserve that created the conditions by which we suffer, including currency devaluation and high oil prices, NOT some foreign enemy."

http://www.zerohedge.com/news/oil-conundrum-explained (http://www.zerohedge.com/news/oil-conundrum-explained)

This article rings true to me.  I still argue we would be better off exploiting our own domestic resources and improving refinery capacity and modernization and improving/modernizing distribution to decouple for crazy foreign suppliers, and we can definitely do without high taxation and subsidies in the entire energy sector as well.  But this article makes sense that other devaluing fiat currencies are masking the Forex market impact of Fed policy, and like a balloon getting pumped full of air, if squeezed it will follow the path of least resistance, so the air winds up in oil.  If the dollar loses reserve status the air being let out will shoot that balloon across the sky.  If fundamental changes in Fed policy occur a managed realease of this hot air might be possible.

But, the Neo-Keynesian's are in charge, so, until they can be cleaned out it will be business as usual...

Thus, back to expoiting domestic capacity.
Title: Re: Just commodities
Post by: charlesoakwood on March 23, 2012, 12:48:57 PM

So, buy big oil or gold?

This is an excellent piece.  
I would suggest O'Reilly and others read it.

Some tangential thought bubbles aside from those relating to Barnhardt:

Quote
We don’t know exactly how much fiat the Fed has printed in that time, and won’t know until a full and comprehensive audit is finally enacted, but we do know that the amount is at the very least in the tens of trillions.

So all the counterfeiting done by the NoKos and others is a drop in the bucket and are actually an assistance to Bernie.  Why go to the trouble of redesigning our beautiful currency to its current ugliness?
-----------------------
Quote
Bilateral trade agreements between China, Russia, Japan, India, and other countries, especially those within the ASEAN trading bloc, are slowly but surely removing the dollar from the game as these nations begin to replace trade using other currencies, including the Yuan.  I believe commodities, especially oil, have been reflecting this trend for quite some time.

Rumor, Quadaffi assassinated because he was preparing for Libya and other Arab states to issue gold currency and trade oil in same.

Title: Re: Just commodities
Post by: Libertas on March 23, 2012, 02:35:10 PM
Fortunately for me all I am in is gold, silver and oil.  As far as oil goes I just have to be warry of any implosion.

We heard that Daffy plan before, same one the Persian's are wanting to run now.  BRICS and others trying to end dollar dominance will be hampered unless/until other nations stop their Neo-Keynesian antics too.

Gonna be interesting either way seeing how this plays out.  The bubble could easily wind up back in PM's in an insane way.
Title: Re: Just commodities
Post by: charlesoakwood on March 23, 2012, 10:24:42 PM

Where Did All The Money Go? Here! (http://www.zerohedge.com/news/where-did-all-money-go-here)

                                                                                                      7725
                                                                       
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 07:39:45 AM

Where Did All The Money Go? Here! (http://www.zerohedge.com/news/where-did-all-money-go-here)

                                                                                                      7725
                                                                       

Just a rainy day fund.  I'm sure some has already been plowed back into themselves in Treasury stock.  We'll see what is done with the rest, if Obango is retained you know damn well it won't be used for expansion or modernization, it will be used for survival.
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 07:41:16 AM
http://www.zerohedge.com/news/tungsten-filled-1-kilo-gold-bar-found-uk (http://www.zerohedge.com/news/tungsten-filled-1-kilo-gold-bar-found-uk)

I tend to hold to the isolated incident theory, the PTB's would be a lot smarter in how they go about screwing over the general public.  But it is something to be aware of.  Especially if we find ourselves in a barter economy. 
 ;)
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 08:30:35 AM
Oh, and another round of QE in the offing?

http://www.zerohedge.com/news/futures-precious-metals-soar-bernanke-says-more-accommodative-policies-needed-hints-new-qe (http://www.zerohedge.com/news/futures-precious-metals-soar-bernanke-says-more-accommodative-policies-needed-hints-new-qe)

SSDD!
Title: Re: Just commodities
Post by: Pandora on March 26, 2012, 09:53:16 AM
Speaking of commodities, I was just informed that oil is not traded (as a commodity) in the way grown/harvested items like wheat and oranges are.

Aside from the fact that some are grown, some are drilled, some are mined, what's the difference?
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 10:59:29 AM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!
Title: Re: Just commodities
Post by: Pandora on March 26, 2012, 01:09:15 PM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!

No. I'm not talking about me investing in oil.

I said that oil was a commodity and was told the following:  "but it's NOT like wheat and sugar, or other grown/harvested commodities".

So, I'm axing, how is it not?  ^^  I mean, other than it cannot be eaten.


 
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 01:23:46 PM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!

No. I'm not talking about me investing in oil.

I said that oil was a commodity and was told the following:  "but it's NOT like wheat and sugar, or other grown/harvested commodities".

So, I'm axing, how is it not?  ^^  I mean, other than it cannot be eaten.


 

Apart from the obvious, most people can buy the raw item (sugar, wheat) but not crude oil.
Title: Re: Just commodities
Post by: Alphabet Soup on March 26, 2012, 01:28:01 PM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!

No. I'm not talking about me investing in oil.

I said that oil was a commodity and was told the following:  "but it's NOT like wheat and sugar, or other grown/harvested commodities".

So, I'm axing, how is it not?  ^^  I mean, other than it cannot be eaten.


 

Apart from the obvious, most people can buy the raw item (sugar, wheat) but not crude oil.

Why not? What stops you?
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 01:31:10 PM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!

No. I'm not talking about me investing in oil.

I said that oil was a commodity and was told the following:  "but it's NOT like wheat and sugar, or other grown/harvested commodities".

So, I'm axing, how is it not?  ^^  I mean, other than it cannot be eaten.


 

Apart from the obvious, most people can buy the raw item (sugar, wheat) but not crude oil.

Why not? What stops you?

A sh*tload of money!!!

http://crude-oil-sellers.com/buy-and-sell-crude-oil-most-profitable-way-to-do-it/ (http://crude-oil-sellers.com/buy-and-sell-crude-oil-most-profitable-way-to-do-it/)

And this doesn't even begin to touch our regulatory environment!!!
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 01:32:18 PM
Also, isn't the minimum purchase 1,000 barrels?
Title: Re: Just commodities
Post by: Pandora on March 26, 2012, 01:40:06 PM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!

No. I'm not talking about me investing in oil.

I said that oil was a commodity and was told the following:  "but it's NOT like wheat and sugar, or other grown/harvested commodities".

So, I'm axing, how is it not?  ^^  I mean, other than it cannot be eaten.


 

Apart from the obvious, most people can buy the raw item (sugar, wheat) but not crude oil.

Why not? What stops you?

A sh*tload of money!!!

http://crude-oil-sellers.com/buy-and-sell-crude-oil-most-profitable-way-to-do-it/ (http://crude-oil-sellers.com/buy-and-sell-crude-oil-most-profitable-way-to-do-it/)

And this doesn't even begin to touch our regulatory environment!!!

Aside from the money. 

As I understand it, crude pumped anywhere simply adds to the world's available supply -- a figurative pool of oil -- subject to the usual laws of supply and demand as regards cost.  Speculators buy "futures" based on what they *think* the price will be in the future.  As I further understand it, oranges, wheat, sugar are all other commodities bought and sold the same way.  Bad world crop, less orange juice, higher price -- supply and demand and speculators, just the same as oil or wheat.

Do I understand correctly?  In words meant for a three-year old, please, if I haven't.

Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 02:09:28 PM
Aside from ETF's, I presume you are looking to actually invest in oil directly you need to go through a broker, which means buying on margin (and subject to margin calls of all sorts) on the purchasing of monthly contracts.  So by not traded per se, it is because of the purchasing of contracts that give you the right to buy or sell crude oil.  The liquidity of the oil market is substantial.  The big buyers in the industry are the only ones who take physical delivery, I have not heard of anyone getting stuck with 1000 barrels dropped off at their residence!

No. I'm not talking about me investing in oil.

I said that oil was a commodity and was told the following:  "but it's NOT like wheat and sugar, or other grown/harvested commodities".

So, I'm axing, how is it not?  ^^  I mean, other than it cannot be eaten.


 

Apart from the obvious, most people can buy the raw item (sugar, wheat) but not crude oil.

Why not? What stops you?

A sh*tload of money!!!

http://crude-oil-sellers.com/buy-and-sell-crude-oil-most-profitable-way-to-do-it/ (http://crude-oil-sellers.com/buy-and-sell-crude-oil-most-profitable-way-to-do-it/)

And this doesn't even begin to touch our regulatory environment!!!

Aside from the money. 

As I understand it, crude pumped anywhere simply adds to the world's available supply -- a figurative pool of oil -- subject to the usual laws of supply and demand as regards cost.  Speculators buy "futures" based on what they *think* the price will be in the future.  As I further understand it, oranges, wheat, sugar are all other commodities bought and sold the same way.  Bad world crop, less orange juice, higher price -- supply and demand and speculators, just the same as oil or wheat.

Do I understand correctly?  In words meant for a three-year old, please, if I haven't.



Short answer is yes.

With the oil industry you have to be careful with terms like available supply, but yes, the crude oil brought to market (new deliveries) can be traded/hedged using many of the same vehicles as available with other commodities but in terms of scale and ability to transact physical ownership, oil is cost prohibitive for "average" investors who have to rely on ETF's and industry stocks to make oil plays.  Also, since oil is used in more applications than fuel there is not always a direct relationship between oil prices and byproducts.  I would also add that due to weather and such, crop-based commodities are more supply dependent, but all commodities share many of the same risks that affect their supply, transport, regulation and risk insurance and industry nationalization - all of which impact their pricing.
Title: Re: Just commodities
Post by: Pandora on March 26, 2012, 02:16:42 PM
Thank you very much.

Now, about this:

"With the oil industry you have to be careful with terms like available supply ...".

Okay, why?
Title: Re: Just commodities
Post by: Libertas on March 26, 2012, 02:31:10 PM
Thank you very much.

Now, about this:

"With the oil industry you have to be careful with terms like available supply ...".

Okay, why?

There is quantifiable reserves below ground, there are barrels ready for shipment (staged for sale), there are barrels shipped (bought, now out of market but soon to be in productive use as gas, diesel, other chemicals and petroleum products), and then there are things like the SPR which being bought and stored for future refining is off-market in terms of availibilty (unless foolishly released for sale on the open market by stupid Presidents wanting to look like they are doing something).  So the stuff that is available to bring to market (available supply) is mostly the stuff yet to pump out, as everything loaded is filling an existing demand for that delivery date.  Since most producers know what their average daily output is and how long it takes to load a tanker, the scheduling process is predictable.  But things like crazy people blocking the Strait of Hormuz can threaten to slow deliveries and that uncertainty would send turmoil through the markets, messing with not just current deliveries but more importantly future deliveries which could see a spike in prices that send buyers scrambling to lock in a futures contract before the rise goes viral.  Others may gamble to wait to see if the dust settles soon if they get froze out of contracts at a reasonable price.  Since much of the price acts as a pass-thru to ultimate consumers (you and I) it tends to be what it is is what it is.
Title: Re: Just commodities
Post by: Pandora on March 26, 2012, 02:48:25 PM
Thank you again, Libertas.  (See! I can do this!)

"There is quantifiable reserves below ground ... "

Wouldn't a new "strike" add to those known reserves, increasing the amount of the pool?  Wouldn't a large addition cause the overall price to drop?

Title: Re: Just commodities
Post by: charlesoakwood on March 26, 2012, 03:51:46 PM

Also, those quantifiable reserves are not what the government refers
to when they use the term reserves.  When they speak of reserves they
refer to those fields which are producers as defined by them.  Therefore,
when they speak of reserves the amount will be significantly less than
the actual amount of reserve oil.

Title: Re: Just commodities
Post by: Libertas on March 27, 2012, 07:13:39 AM
Correct CO, and yes Pan, if a new field was discovered it would send a positive signal to the market based upon predicted daily rate, when it gets tapped and the actual rate of flow is established, then you would see the market adjust up or down from the preliminary daily estimate, so if it is producing more than expected it could cause another increase in available supply.

This availability vs access thing is what really drives me nucking futs!  We know there is a buttload of oil under the north slope, but eco-nazi's and Leftists at large successfully crapped out enough lies to make drilling all but impossible there, and until that changes those reserves will never be allowed to have their positive impact felt on the world market.  Ditto for other areas and offshore sites.  We have more oil underground than the fricken Saudi's, but we are not allowed by the government to go after it!  There is nothing more stupid, ignorant and shortsighted than this!
Title: Re: Just commodities
Post by: charlesoakwood on March 27, 2012, 03:11:15 PM

I'm compelled to say again: The oil pressure is so high in San Francisco Bay that the earth expels ... well, I wanted to quote the sum however, it seems to be one of those disappeared  quotients from the web.  Researched two gubment pdfs about Santa Barbara seepage and the words: barrel, barrels, gallons, and pounds did not appear one time in either one of them.

Not to worry, friends, I found a recent article from the Daily Caller from which I bring a snippet.

[blockquote]Link (http://dailycaller.com/2012/03/26/environmentalists-and-oil-companies-form-rare-relationship-in-response-to-oil-seepage/)
Currently, all oil drilling off the coast of California takes place on Platform Holly, located 12 miles from Santa Barbara. The South Ellwood offshore field is home to over a billion barrels of oil, according to the Department of Energy. These reserves expel [seep] about 86,000 barrels of oil into the ocean each year.

To put the effects of the seep in context, the Dos Cuadras oil spill put roughly the same amount of oil into the ocean in 1969 and covered over 35 miles of beachfront. The oil seep has recently brought environmentalist groups to the negotiating table in hopes that drilling will reduce its impact on wildlife.

Studies show that deep-water drilling has significantly reduced the natural seepage of oil around Platform Holly.[/blockquote]


Note: The South Ellwood field is only one of many established fields in the Santa Barbara Bay area.


Title: Re: Just commodities
Post by: Pandora on March 27, 2012, 04:33:33 PM
As I understand it, nature-made tar balls have been washing up Louisiana's shores for a long time as well.  It's natural!  It's organic!  I thought the Left really liked natural and organic; turns out they're very picky about icky oil:

Quote
Repeat this tired old adage that somehow sticking to oil is in any way a good idea as much as you like. It still won't even begin to make it right for all kinds of reasons. We'll bear with it until a proven technology comes out, but saying that its a viable long term alternative is simple stupidity. We don't have enough of it to supply ourselves, we don't have the refineries to do something with it, we are paying money to potential terrorist supporters to get it, we can't control the price of it, it has numerous environmental consequences both in getting it, transporting it and using it, its carcinogenic in numerous forms and its a finite resource to begin with.

If you want to call the sky green, call the sky green. The rest of us will smile and nod until you shut up about it.
Title: Re: Just commodities
Post by: Libertas on March 29, 2012, 07:27:34 AM
I hate these articles, so full of it!

http://www.bloomberg.com/news/2012-03-29/oil-trades-near-one-week-low-on-stockpile-gain-talk-of-release.html (http://www.bloomberg.com/news/2012-03-29/oil-trades-near-one-week-low-on-stockpile-gain-talk-of-release.html)

US Stockpiles up 7.1m barrels and the price drops 2.3% over 2 days?  Umm, the US consumes about 18m barrels per day, so there is more going on than we are seeing.  I am thinking the recent runnup was due more to psychological reasons (Iran tensions) than anything and some of that panic may have been overstated and prices are now seeking a new support level.
Title: Re: Just commodities
Post by: ToddF on March 29, 2012, 08:24:56 AM
WTI $105.25
Gas $3.42

Doesn't look down to me. 
Title: Re: Just commodities
Post by: Libertas on March 29, 2012, 08:26:47 AM
Depends where you start.

http://finviz.com/futures_charts.ashx?t=CL&p=w1 (http://finviz.com/futures_charts.ashx?t=CL&p=w1)
Title: Re: Just commodities
Post by: Libertas on March 29, 2012, 12:15:43 PM
Manipulation in the gold market, can be a bit much to read, but the e-mails toward the end of the embedded report are quite interesting!

http://www.zerohedge.com/news/paul-mylchreest-presents-various-visual-case-studies-gold-price-manipulation (http://www.zerohedge.com/news/paul-mylchreest-presents-various-visual-case-studies-gold-price-manipulation)

Drive it down and gobble it up.  Big PTB's know what is coming and are loading up!
Title: Re: Just commodities
Post by: charlesoakwood on March 29, 2012, 03:32:31 PM
here are some other facts that we have in our possession:
    
Out of all these efforts, certainly the one with the most dramatic impact is the management of the price of money.

 ::speechless::

ETA: Here is the Thunder Road, Gold Price and the Monetary System since 5-05-2011
pdf address:
http://www.mineweb.com/mineweb/action/media/downloadFile?media_fileid=1718 (http://www.mineweb.com/mineweb/action/media/downloadFile?media_fileid=1718)
Title: Re: Just commodities
Post by: charlesoakwood on March 29, 2012, 04:53:25 PM
Quote
As long as this illusion prevails, the Anglo/US/Euro political and financial elite (for their personal accounts), Chinese and Russian central banks, Arab royals, Asian billionaires, Indian farmers, tin  pot  “stackers”  and  others  stay  focused  on  “squirreling  away”  physical metal. An  almost unknown, except to a few, “sage” of the gold market once forecast (I’m paraphrasing but it is close enough) that:

“Physical gold will need only to be ‘priced’ once during this lifetime and that will be more than enough.”

Beneath the surface and behind the scenes, this process is playing out irrespective of the current “hybrid price” on traders’ screens. The  latter  is  just being used to make the financial system look better than it really is. You know what they say about working out who the sucker is in a game of poker?

ETA: Gresham’s Law Squared - gearing up for Game Over - ThunderRoadReport-02-24-2011
  http://www.gata.org/files/ThunderRoadReport-02-24-2011.pdf (http://www.gata.org/files/ThunderRoadReport-02-24-2011.pdf)

Title: Re: Just commodities
Post by: Libertas on March 30, 2012, 07:40:14 AM
Damn good links CO! 

I guess the extemely slow-walking of COMEX deliveries in large purchases doesn't surprise me, the smaller investor can still get physical in the smaller sizes, but the appetite of nations and the wealthy for PM's is making larger quantities harder to get.  I susally go through APMEX and have had good luck with them.  Everytime silver drops I put another order in.  We're in the mid 32's right now, not a bad time to buy.  Once the currency debasement pops, PM's could go stratospheric.

The PDF in the post above is an excellent primer to give to anyone wanting to understand the PM market!

And there is more debasement on the horizon!

http://www.zerohedge.com/news/gold-rises-and-silver-surges-q1-2012-fiat-currency-devaluation-continues (http://www.zerohedge.com/news/gold-rises-and-silver-surges-q1-2012-fiat-currency-devaluation-continues)

Hi Ho Silver!
Title: Re: Just commodities
Post by: charlesoakwood on March 30, 2012, 11:05:25 AM

Paraphrasing Weisshaupt, spend that fiat money.
Title: Re: Just commodities
Post by: Libertas on March 30, 2012, 11:19:47 AM
No kidding!  The debasement continues unabated!!!  Buy, stash, and don't forget the unfortunate boating accident!
Title: Re: Just commodities
Post by: charlesoakwood on March 31, 2012, 02:41:04 AM

That's for sure and it could be any future necessity, Pan suggested tires.  I bought
tires and gallons of oil etc. It's not just gas that's already doubled in price.
There are areas that are booming in the face of this adversity and others who are
planning on increase.

We need the politicians and bureaucrats and regulators to get out of the way, that's all.  All this steel down there, is what, about thirty percent of what demand would be if drillers were set free. How many more drivers, riggers, food and lodging services, fuel stations, new subdivisions, schools, families, would that create and nourish?

[blockquote] Port of Houston Authority reports 119 percent increase in steel imports (http://www.breakbulk.com/ports-terminals/steel-soars-houston-more-come)

Steel imports at the Port of Houston soared by 329,000 tons in February compared with the previous month, an increase of more than 140 percent. For the year, steel imports stand at 564,000 tons, a 119 percent increase over the same period in 2011.

"You can attribute the tonnage primarily to the shale plays that are occurring in the United States for the drilling for gas," Ricky Kunz, Port of Houston Authority's vice president for trade development, said in an interview with KUHF Houston public radio.[/blockquote]
and
                             
Chinese are prepping for future demand our leaders are prepping for their next photo op. More powder for Senator Mitchell, over here and don't forget the rouge
[blockquote]Chinese Steelmaker Orders Twin-ladle Furnace (http://www.breakbulk.com/steel-metals/chinese-steelmaker-orders-twin-ladle-furnaces-03-20)

Zhangjiagang Hongchang Plate Co. has awarded Siemens VAI Metals Technologies an order to supply two twin-ladle furnaces for its new converter steelworks. Both facilities are scheduled for commissioning in spring 2013.

Each of the twin-ladle furnaces has a capacity of 180 tonnes, and will be installed in the new Zhangjiagang Hongchang converter steelworks in the city of Zhangjiagang in Jiangsu Province.

Siemens is supplying key mechanical and electrical components as well. These include current conducting electrode arms together with the high-current busbar system and hydraulic system. Siemens is also responsible for engineering, installation and commissioning, the company said in a statement.

... The company produces about 30 million tonnes of raw steel each year. [/blockquote]

Title: Re: Just commodities
Post by: trapeze on April 02, 2012, 12:07:20 AM
LINK (http://opinion.financialpost.com/2012/03/30/lawrence-solomon-a-world-awash-in-oil/)

Quote
Today, the Middle East is in the news daily — we hear of strife in Syria, in Iran, in Israel and Palestine. Ten or 20 years from now, conflicts in the Middle East will count for less in the world’s scheme of things, just as the daily conflicts that now occur in Africa get short shrift, despite Africa’s far greater loss of life. Twenty years from now, the Middle East could be about as important as it was at the turn of the previous century — before its oil was discovered — which was not very important at all.

The Middle East will attract scant attention in future, not because the region will have run out of oil — it will have found much more — but because the rest of the world will also be awash in oil. As supplies increase, oil depreciates in price, as does the political value of its purveyors.

The future.

Quote
Although shale oil technology is still in its infancy, much of the U.S. shale oil can be developed inexpensively, at a cost comparable to the US$50 to US$60 per barrel cost of tar sands, which has itself been dropping. The trend down in shale oil costs is likely to continue over the coming years. Israel, which has some 250-billion barrels in one basin near Jerusalem alone, an amount comparable to Saudi Arabia’s reserves, expects to develop its oil at a cost of US$35 to US$40 per barrel. Should the world price of oil drop to this level — which happens to be the average price over the last two decades — the halving in oil prices will have mirrored that of natural gas. In the process, today’s Middle East energy exporters will have been bankrupted and their autocrats ousted.

Saudi Arabia, for example, now depends on petroleum for 80% of its budget, 45% of its GDP and 90% of its export earnings. A dramatic decrease in oil revenues would render the next generation of Saudi rulers incapable of maintaining the lavish payments needed to appease the Saudi clerics, let alone the social welfare payments that have kept the Saudi populace at bay, such as the US$130-billion in instant benefits conferred upon Saudi citizens last year to tamp down dissent during the Arab Spring. This artificial country, carved out of the Ottoman Empire after World War I by the British and given to the Saudi clan, would then likely break up, to once again be ruled along tribal lines. But few in the West would then take much notice.
Title: Re: Just commodities
Post by: Libertas on April 02, 2012, 08:04:00 AM
Indeed, the Saudi's and other oil kingdoms are on a clock, and I see no ability to transition to a new economy, the region will revert back to nomadic times, and whoever hangs out there is going to be off little consequence to the rest of the world.

Now, if we can only end the progressive reign of ignorance here at home, we could really see a revitalized America take off.
Title: Re: Just commodities
Post by: charlesoakwood on April 05, 2012, 02:10:31 AM

On spending fiat money:  Earlier this year I priced a set of 3 throw rugs for $315.00 finally deciding to purchase them I pasted the saved link into the browser and what came up was, a single, the largest rug priced at the exact earlier price of the set.  Curious I searched for the set and found it... the exact same set for $529.00.  During this search it was also discovered that many other items researched at the same time as the rugs were "out of stock". Upon contacting a human discovered that they will not be receiving any more of those items.

It appears today's cost of the item to the merchandiser is above what it can be sold for at a profit.  This is a sign of the beginning of a vicious cycle. What is it when you oscillate between escalating inflation and a depressed market?
 
[blockquote]
http://www.kitco.com/ind/Handwerger/20120404.html (http://www.kitco.com/ind/Handwerger/20120404.html)
We may be witnessing a false illusion that the economy has bottomed and further QE is unnecessary yet we see golden swans on the horizon.

These banks are still holding 1.5 million foreclosed homes that are still unsold.  We could see many foreclosure sales over the next few months, where we could see an upswing in asset sales by 25%.  This is why we recently saw Bernanke hint at additional accommodation to continue supporting a moribund economy.  We may be under the optical illusion America is doing fantastic and that the U.S. dollar will rebound.[/blockquote]
or
[blockquote]
http://www.kitco.com/ind/Nadler/20120404.html (http://www.kitco.com/ind/Nadler/20120404.html)
Reuters technical analyst Wang Tao projects that on the technical side of things in gold, the yellow metal has the potential to fall to the $1,392 per ounce level over the next 90 days. That figure represents the 100% Fibonacci projection level while the $1,447 mark represents the 38.3% Fibonacci retracement of the rise from $680 to $1920. The sub-$1,400 gold price target –according to Wang Tao-will be “confirmed when gold falls below the March 22 low of $1,627.68 per ounce.
[/blockquote]
and
[blockquote]
http://www.kitco.com/ind/Aden/20120326.html (http://www.kitco.com/ind/Aden/20120326.html)   By Mary Anne & Pamela Aden,
-- Mary Anne & Pamela Aden are well known analysts and editors of The Aden Forecast, a market newsletter named 2010 Letter of the Year by MarketWatch,[/blockquote]

                                                                                                                     8135
Title: Re: Just commodities
Post by: Libertas on April 05, 2012, 07:09:11 AM
Yeah, if gold dips below $1300 and silver below $25 you can bet your bottom dollar I am going to load up on more physical!
Title: Re: Just commodities
Post by: Libertas on April 10, 2012, 12:18:34 PM
http://finviz.com/futures_charts.ashx?t=GC&p=m5 (http://finviz.com/futures_charts.ashx?t=GC&p=m5)

Did Turbo Timmy flip the hyperdrive switch on the printing presses again?
Title: Re: Just commodities
Post by: charlesoakwood on April 10, 2012, 06:40:24 PM

I watch those charts, it's always boom one way or the other, and try to find out
who said what at that specific time.  I guess if one could RSS that he could "ride
the wave, baby".
Title: Re: Just commodities
Post by: charlesoakwood on April 10, 2012, 09:20:31 PM

http://media.washtimes.com/media/image/2012/04/09/obama-us-brazil_live_s300x199.jpg?9095da026e6820e57b439d06d098b7b108fa2f86 (http://media.washtimes.com/media/image/2012/04/09/obama-us-brazil_live_s300x199.jpg?9095da026e6820e57b439d06d098b7b108fa2f86)

Quote
"What could Obama learn from Brazil President Dilma Rousseff?" The optimistic answer is: hopefully not much.

http://www.washingtontimes.com/news/2012/apr/9/obamas-brazilian-model/ (http://www.washingtontimes.com/news/2012/apr/9/obamas-brazilian-model/)

And she lectured him on QE and threatened him with a BRIC.
Look at that angry puss. Whuff
Title: Re: Just commodities
Post by: Sectionhand on April 11, 2012, 04:04:13 AM
Yeah, if gold dips below $1300 and silver below $25 you can bet your bottom dollar I am going to load up on more physical!

Those dumbasses on Dylan Ratassigan's program were talking about gold yesterday . The comparison was gold as a commodity just like "pork bellies" . How stupid can these people be ? You can't hold on to pork bellies for twenty years !
Title: Re: Just commodities
Post by: Libertas on April 11, 2012, 07:29:06 AM
Yeah, if gold dips below $1300 and silver below $25 you can bet your bottom dollar I am going to load up on more physical!

Those dumbasses on Dylan Ratassigan's program were talking about gold yesterday . The comparison was gold as a commodity just like "pork bellies" . How stupid can these people be ? You can't hold on to pork bellies for twenty years !

Heh, yeah...metal, flesh...it's all non-perishable to a moron!

 ::hysterical::
Title: Re: Just commodities
Post by: Libertas on April 12, 2012, 11:00:27 AM
Hey, lookie!  Non-perishable gold is up $14 already...I hear rumors that QE3 is all but certain, yup, nothing drives up gold like beating the crap out of your own currency!

These one-trick Neo-Keynesian ponies...

 ::)
Title: Re: Just commodities
Post by: Libertas on April 18, 2012, 10:09:24 AM
This guy is killing me!  Really, recession is the only thing that can kill gold from rising?  We've been in a depressed economy for how long now?!  And higher gas prices will NOT stop these clowns from pumping whatever measley gain in GDP out this election year no matter!

http://finance.yahoo.com/blogs/daily-ticker/gold-heading-700-author-sees-impending-collapse-124847501.html?l=1 (http://finance.yahoo.com/blogs/daily-ticker/gold-heading-700-author-sees-impending-collapse-124847501.html?l=1)

PM's come down that low, I am selling off anything not nailed down to buy!
Title: Re: Just commodities
Post by: charlesoakwood on April 18, 2012, 05:24:01 PM

"If we have a recession or slowing global growth then all assets fall -- it's a deflationary period," Jacobs says. "Even though a lot of people are expecting inflation, if we enter recession that means the price of assets falls. Gold will fall together with the rest of commodities."

[/quote]

Inflation is more money chasing goods and services right?
Title: Re: Just commodities
Post by: Weisshaupt on April 18, 2012, 05:48:39 PM

"If we have a recession or slowing global growth then all assets fall -- it's a deflationary period," Jacobs says. "Even though a lot of people are expecting inflation, if we enter recession that means the price of assets falls. Gold will fall together with the rest of commodities."


Inflation is more money chasing goods and services right?

[/quote]
Technically inflation is just an increase in the money supply. It usually results in higher prices, but if the velocity of money is low, it may not.
Title: Re: Just commodities
Post by: charlesoakwood on April 18, 2012, 08:30:23 PM

Somewhere in the middle of a nightmare night before last I worked out a scenario
by which we are headed and are going to have a depression.  I awoke with such a
start that I forgot the mechanics but it took awhile to get rid of the adrenalin.

Has there ever been an incidence where there has been so much available money
and no inflation?  Not being coy, I don't know.  It just doesn't seem plausible to
have the amount of money that's being floated around and not have inflation.


Title: Re: Just commodities
Post by: Libertas on April 19, 2012, 07:10:50 AM
Like Weisshaupt said, supply is one thing, velocity another.  Typically when economies "overheat" it is because the velocity kicked in, usually a combination of easy money monetary policy, Neo-Keynesian fiscal stimulus and normal economic recovery which the central bankers did not properly time (which is the classic "overshoot" vs "soft-landing" or "undershoot").  Ceteris paribus, if the economy is weak and unemployment high adding money supply isn't too inflationary, soon as things improve if you are still doing easy money and stimulus it can get out of hand.  Rates rising/falling can expand/contract economic activity.  Right now we are still at ZIRP (zero interest rate policy).  The wildcard in this is the amount of money added to the money supply the past 4 years is floating out there, all that monetization of debt that has devalued our purchasing power, that has been the hidden burden we've been forced to accept.  The debt continues to rise, monetization continues with hints of QE3 around the corner and ZIRP is here to stay a while longer...and no improvement in sight.  If we get the velocity (driven by massive over-printing) with money supply already out there, well, what's a good example?  Zimbabwe?

Title: Re: Just commodities
Post by: charlesoakwood on April 20, 2012, 04:18:30 PM

Re: http://www.zerohedge.com/news/paul-mylchreest-presents-various-visual-case-studies-gold-price-manipulation (http://www.zerohedge.com/news/paul-mylchreest-presents-various-visual-case-studies-gold-price-manipulation)

They did it again.

08:10 AM  $1646.40
09:20 AM  $1637.80
10: 30 AM $1646.10

Silver
08:10 AM $31.92
09:20 AM $31.66
09:40 AM $31.78

Title: Re: Just commodities
Post by: Libertas on April 22, 2012, 02:15:41 PM
Yeah, saw that, more notable in gold, but jeesh, the central banker fingerprints are obvious.
Title: Re: Just commodities
Post by: Libertas on April 23, 2012, 09:53:22 AM
Speaking of fingerprints...these ones are yellow! 

“And I’m going to tell you: you are going to go to sleep on Thursday night and gold may be $1,670. And then you wake up the next day and it’s going to be a banking holiday. And gold will be $3,000 bid, no offer,” he says.

http://www.theblaze.com/stories/gold-expert-heres-why-you-need-to-be-buying-physical-gold-and-silver-hint-it-involves-china/ (http://www.theblaze.com/stories/gold-expert-heres-why-you-need-to-be-buying-physical-gold-and-silver-hint-it-involves-china/)

And the worst part is, The Regime's policies are helping feed the CHiCom's cheap gold!
Title: Re: Just commodities
Post by: charlesoakwood on April 23, 2012, 11:13:12 AM

They have been converting US Treasury's into tangible items (buying African gold mines and everything else not nailed down) ever since it became obvious Obama was going to
monetize the debt.
 
Title: Re: Just commodities
Post by: Libertas on April 23, 2012, 11:32:28 AM
Perfect bumper sticker for Limosine 1 - "Our Leader is dumber than your Leader".

But I guess that's like saying the sky is blue...

 ::)

Punked by the ChiCom's though!  There was a time when even a Democrat would be appalled to let that happen.  Well, those days are long long dead...
Title: Re: Just commodities
Post by: charlesoakwood on April 23, 2012, 11:52:56 AM

Punking validates his existence, it's an achievement of oneness for him.
Title: Re: Just commodities
Post by: Libertas on April 24, 2012, 08:06:51 AM
Yeah, he is one, that's for sure!   ::mooning:: 

Title: Re: Just commodities
Post by: Libertas on April 24, 2012, 08:24:12 AM
Mexico & Russia biggest gold buyers in March.

http://www.zerohedge.com/news/russia-and-mexico-both-buy-nearly-1-billion-worth-gold-march (http://www.zerohedge.com/news/russia-and-mexico-both-buy-nearly-1-billion-worth-gold-march)

OK, so typically if there is such demand for gold, baring any new big discoveries among the mining companies, the price should rise as demand increases.  But there is not enough price increase to explain all these purchases.  So it is either a net-zero trade on the supply end of existing physical, or there is some manipulation going on.  Who really has "too much gold" they can afford to part with out of the goodness of their heart?

So, any new discoveries?  I can only find one article - 40 tons -

http://www.reuters.com/article/2012/03/27/sumitomo-metal-mining-idUSL3E8ER0FW20120327 (http://www.reuters.com/article/2012/03/27/sumitomo-metal-mining-idUSL3E8ER0FW20120327)

And Mining News isn't exactly flush with new discoveries.

http://www.petroleumnews.com/miningnewsnorth/index.shtml (http://www.petroleumnews.com/miningnewsnorth/index.shtml)

Typically, when PM prices rise, it becomes more advantageous to expand mining operations and exploration.  That appears to be going on, and I think there is some modest new deposits being brought to market, and there may be some release of mining company reserves when prices rise, so some demand could be easily satisfied without bumping prices, but prices should be rising more than they are IMO.

Anyway, something to keep an eye on.
Title: Re: Just commodities
Post by: Weisshaupt on April 24, 2012, 09:49:32 AM
Typically, when PM prices rise, it becomes more advantageous to expand mining operations and exploration.  That appears to be going on, and I think there is some modest new deposits being brought to market, and there may be some release of mining company reserves when prices rise, so some demand could be easily satisfied without bumping prices, but prices should be rising more than they are IMO.

I think you are right this is the same sort of price manipulation you are seeing in the Silver market. They just flood the market with Naked Shorts, and  then buy those contracts themselves.  The people who invest in Gold ETFs and other paper gold are going to be paid in fiat.  There have been numerous cases lately where physical deposits  were demanded ( ones upon which people paid for physical storage) and had to be settled for fiat because the bank couldn't deliver. These aren't small fry banks- this is Goldman Sachs etc.

Further the biggest store of gold is in people's dressers. In bad economic times a lot of "junk" Gold - jewerly etc is getting reclaimed as people go to the "cash for gold" place and get screwed. (http://www.scrapmonster.com/news/-recycled-gold-supply-declines-2-mine-production-up-4-in-2011-wgc/1/4855)   Scrap gold makes up at least a  third of the supply -  and as prices rise, more people are parting with it.  The article indicates that current sources of scrap gold are drying up, but that new ones in Italy and other strapped Euro countries (http://www.reuters.com/article/2012/02/01/us-italy-gold-idUSTRE81020H20120201) as well as in the US are begining to produce more. 

Also Gold is like Oil. We know where a lot of it is, but for years it wasn't profitable to remove. Now it is, but also like oil, it takes time to ramp up, and you don't do that if you expect prices to fall before your production can be started.   

But the real factor is that we  haven't reached the point where the majority see the Gold as money. Hell, we haven't reached the point where the majority see that the point of no return has been crossed. Even if buying gold, they by and large don't demand physical possesion and take the world of people who say they have it "safe"- its paper, and eventually those contracts will be worht only the paper and ink.

It is entirely  possible that bullion may never be money again - the sheep might just accept the new blue currency and go on as before.  Countries who are buying want to acquire as much as they can at the low price, so they can't demand physical faster than its produced - so they don't.  The key thing to watch is the physical "premium" - I tend to watch APMEX $500 junk silver bags - as that is the cheapest and most recognizable bullion available. . If there is a real physical shortage ( like after the 2008 crash)  they simply won't have junk silver or anything for sale - it will all be "backordered" -- right now we have a medium/low temp on physical l demand- I have seen premiums as much as $0.50 an ounce on Junk silver at APMEX - much higher than they start having the "shortages" - right now the premium is around $0.20.  Point is its a quasi proxy for physical demand.  The lowest I have seen is $0.10. If you buy a bag of junk silver from Apmex they remember and send you offers to buy it back if they are running low.

The Price won't skyrocket until its obvious that a recovery is not on the horizon, and a real run on physical starts.  The big players know what is going on, but they don't want to start a run.. they will acquire at manipulated prices as long as they can, and will buy only so much as the supply will allow at that price.. There is no point in bidding up  the price in hopes of getting more physical than can be supplied in the first place. Better to play the game and milk the cow till the cow is slaughtered by other forces. Same as we have been doing. Silver is almost to my "Dip Price" again now.  Buy more.  Sit on it. Wait for the next dip. Repeat. 

Title: Re: Just commodities
Post by: Libertas on April 24, 2012, 11:42:20 AM
Agree 100%.  I too like watching premiums, and APMEX is where I usually buy physical.  Seeing what the premiums are and what is in/out of stock are indicators as to what the retail market is thinking.  I've been buying silver on dips regularly.  Premiums for 1oz rounds of 20+ is about 8.1%, would like to see that lower, especially since there is S&H on top of that.

 ::thumbsup::
Title: Re: Just commodities
Post by: charlesoakwood on April 25, 2012, 02:33:53 PM

11:50      1640.80
12:40      1625.40
01:40      1644.40
Title: Re: Just commodities
Post by: Libertas on April 25, 2012, 02:48:25 PM
Average Joe Blow -  ::hanging::

Average Insider -  ::bigmooning::

Required response by Joe's & Jane's -  ::asskicking::

What we get from the Regulators -  ::doublebird::

What I feel like -  ::smalldeadhorse::
Title: Re: Just commodities
Post by: Weisshaupt on April 30, 2012, 12:27:35 PM
 Gold ETFs are on the Wanr, and Physical Delivery is coming up.. (http://www.zerohedge.com/news/guest-post-golds-value-today)

How long till the naked shorts and non-delivery kill the comex.
Its not chickens who come home to roost- its black swans. I see dozens on the horizon.
Title: Re: Just commodities
Post by: charlesoakwood on April 30, 2012, 01:25:23 PM

Quote

Physical precious metals (but especially gold) are the only liquid assets with negligible counter-party risk.


The ratio of cogent commentary regarding fiat paper being
manipulated by states and banks causing the paper to lose value
while pirating our wealth versus positive commentary defending this
current activity as sound policy is nill. 

I don't want to believe all we have is going blow up ala wheelbarrows
of dollars for a loaf of bread but I haven't read a convincing rosy scenario
yet.

There will be a correction, whether it will require wheelbarrows and shovels
I don't know.

Title: Re: Just commodities
Post by: Libertas on April 30, 2012, 02:44:27 PM
Those swans usually are black after they are burnt to a crisp!

 ::exitstageleft::
Title: Re: Just commodities
Post by: Weisshaupt on April 30, 2012, 03:03:57 PM

There will be a correction, whether it will require wheelbarrows and shovels
I don't know.


I know I am doom and gloom guy, but I don't think it will degenerate quite that far.  Unlike Weimar or Zimbabwe, the world participates in our currency, and I think they are going to call a halt to the charade before we get to the wheelbarrows stage.  When that happens , I would expect that the government will call a bank holiday, and a new ( possibly Amero or IMF currency)  will be introduced at an annoyingly bad exchange rate.  The world can call a halt to this any number of ways - by crashing the comex, by selling treasuries, or simply ending the petro-dollar and using something else for Oil sales.

At that moment, the paper wealth of America will cease to exist, quite a few other countries and economies will take a huge balance-sheet hit,  and pretty much the entire world will be reduced to third world living because the Capital in "Capitalism", will have been effectively wiped out for most, and for those who did protect their wealth and means to produce,  they will find the market available to buy their production to be vastly diminished.  It will a few months to two years of pain as the system resets, a new currency emerges and the dust settles, during which we will see shortages of all types, - and if they are the right types, then fuel, food, sanitation and water will become  scarce. Then we are at the dangerous and unpredictable bit  ( assuming WWIII hasn't already made it unpredictable before the collapse)  but one can rest assured it will involve a lot of unpleasant violence and dangerous living until local environments reach  the population levels that can reasonably sustain the folks who live there.




Title: Re: Just commodities
Post by: charlesoakwood on April 30, 2012, 10:10:32 PM

IT'S OUT!

http://www.zerohedge.com/news/todays-124-billion-targeted-gold-slam-down-makes-mainstream-press (http://www.zerohedge.com/news/todays-124-billion-targeted-gold-slam-down-makes-mainstream-press)

we find that the WSJ has finally picked up on the topic of the endless daily gold slam down

[8:31 AM ->]
The sale took out blocks of bids as large as 84 contracts in one fell swoop and cut prices down to $1,648.80 a troy ounce. The overall transaction was worth more than $1.24 billion...

Title: Re: Just commodities
Post by: Libertas on May 01, 2012, 07:23:27 AM
Yup, this time the camera caught the crap hitting the fan just as COMEX threw it.
Title: Re: Just commodities
Post by: Libertas on May 01, 2012, 02:46:37 PM
Uhh, something else happen shortly after 10am this morning?

http://finviz.com/futures_charts.ashx?t=GC&p=m5 (http://finviz.com/futures_charts.ashx?t=GC&p=m5)

 ::cussing::
Title: Re: Just commodities
Post by: Libertas on May 02, 2012, 11:54:29 AM
Gold is #1 "safest long-term investment" in America.

http://www.zerohedge.com/news/americas-safest-long-term-investment-gold-gallup (http://www.zerohedge.com/news/americas-safest-long-term-investment-gold-gallup)

Seems rather obvious all PM's will be the top of the pyramid in the new economy.
Title: Re: Just commodities
Post by: charlesoakwood on May 02, 2012, 12:49:52 PM

Quote

"CME Group Inc.’s Comex halted trading in gold futures for about 10 seconds yesterday at 8:31 a.m. after prices declined,"


Further discourse would have been illuminating.



Uhh, something else happen shortly after 10am this morning?

http://finviz.com/futures_charts.ashx?t=GC&p=m5 (http://finviz.com/futures_charts.ashx?t=GC&p=m5)

 ::cussing::

http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after (http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after)


Title: Re: Just commodities
Post by: Libertas on May 02, 2012, 01:26:11 PM

Quote

"CME Group Inc.’s Comex halted trading in gold futures for about 10 seconds yesterday at 8:31 a.m. after prices declined,"


Further discourse would have been illuminating incriminating.



Uhh, something else happen shortly after 10am this morning?

http://finviz.com/futures_charts.ashx?t=GC&p=m5 (http://finviz.com/futures_charts.ashx?t=GC&p=m5)

 ::cussing::

http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after (http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after)




FIFY!   ::thumbsup::
Title: Re: Just commodities
Post by: charlesoakwood on May 02, 2012, 02:36:44 PM

An invitation to non members:

As of today this topic has been viewed 8775 times
assuming half of those views are bots then this topic has been
viewed close to 4387 times.  Assuming one-third of  those views
were by members  about 2924 views were by non members.

You 2924 are an eclectic group. Why don't you come on
and join up and share your opinions and observations. 
You will be welcomed, come on in.

 
Title: Re: Just commodities
Post by: Pandora on May 02, 2012, 03:09:34 PM

An invitation to non members:

As of today this topic has been viewed 8775 times
assuming half of those views are bots then this topic has been
viewed close to 4387 times.  Assuming one-third of  those views
were by members  about 2924 views were by non members.

You 2924 are an eclectic group. Why don't you come on
and join up and share your opinions and observations. 
You will be welcomed, come on in.

 

I'd be happy if one of you three gurus, Libertas/Charles/Weisshaupt, would explain to us me, not understanding much of the lingo, just what the hell is going on. 

 ::curtsy4::
Title: Re: Just commodities
Post by: Weisshaupt on May 02, 2012, 03:43:09 PM

I'd be happy if one of you three gurus, Libertas/Charles/Weisshaupt, would explain to us me, not understanding much of the lingo, just what the hell is going on. 

 ::curtsy4::

Same things as always. Lying. Cheating. and Stealing.
Offering no evidence  at all to prove it, I suspect one of the Bots placing offers  on COMEX got our of sync with one of the BOTs placing BUYS.   Basically the suspicion (with varying amounts of evidence to support it) is that large companies are putting large volumes of FAKE offers onto the market .. basically a "future" is a  promise to sell you 10 Oz of silver or gold in 3 months at an agreed to price.   People who are "short" will sell their future gold now  with the expectation that the price will go DOWN. and buyers of the contract expect the price in the future will be high.  So A "Naked Short" is a short where the person actually has no Silver or Gold to sell. The Same (or another entity in cahoot) "buys" that contract -- thus it appears a transaction took place - even no no gold or silver will actually change hands.  These transactions are done by computer at high frequency (in the nanoseconds) so that its unlikely that anyone but themselves will respond to the bid.

 By putting a large volume of transactions into the market its possible to sway the price up or down as desired.  In theory this added volatility will shake out the "weak hands" - people who "invest" with borrowed money, who need to pay cash on those loans as the assets they purchased with them go down in value-- a "margin call"   - The suspicion  now is that they are now deliberately forcing the price of Gold and Silver down  to prevent them from skyrocketing  and causing financial chaos.  This is being done in the regular  stock markets as well.

So in theory the computer trying to drive the price down got out of sync with the one accepting those bids, and thus the price continued downwards seeking a "buy" Of course at some point Real people want to buy at those low prices. OOPS.. Better shut that down!

Or at least, that is my working theory. Anyone want to correct iit?


Title: Re: Just commodities
Post by: Pandora on May 02, 2012, 03:48:38 PM
Quote
Same things as always. Lying. Cheating. and Stealing.

First:   ::rolllaughing::

Second:     ::gaah::

I 'bout figured that much out myself, just didn't know who, what, where or why, so thank you very much for the explanation.

You've been saying for some time now, as has Ann Barnhardt, that no "body" is really in "the market" any longer; it's a few (?) computers simulating a whole lot of activity.  Whose computers?
Title: Re: Just commodities
Post by: Weisshaupt on May 02, 2012, 04:36:44 PM
You've been saying for some time now, as has Ann Barnhardt, that no "body" is really in "the market" any longer; it's a few (?) computers simulating a whole lot of activity.  Whose computers?

Pretty much anyone can buy a High Frequency link to an exchange, and many exchanges keep their member information confidential, so its difficult to see who is doing what to whom.. there is even some talk that some links are not equal to others giving some players an advantage - and probably an advantage they paid for.  We know ts going on from the raw data feed, but Who gets harder to pin down. 

But its "people with money" or "access to money" - i.e. Big banks, Hedge Funds etc. . Zerohedge has found evidence of bids being accepted and settled  before they have been made - and of course the guy on Etrade etc, can't bid as fast as these machine can, and thus they are "safe" doing such things-- there is almost no chance an actual human will grab one of these bids, and if they do, its just cheaper to pay the contract and keep moving.




Title: Re: Just commodities
Post by: charlesoakwood on May 02, 2012, 07:19:33 PM

At CT NoNoSegundo said that was what
he did and explained it in detail.

This  http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after (http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after)   from above post is a take on who some of the banks are and why Europe , much as Weisshaupt  said, wants/needs the price down. 

BIS (Bank for International Settlements) execution team.
They are also making boatloads, literally, of money.
Title: Re: Just commodities
Post by: Libertas on May 03, 2012, 07:03:46 AM
Good explanation Weisshaupt, the key is in the squeezing of the margin accounts, it's what the PTB's have been doing ever since QE hit, they are all about pummelling the goldbugs...it's like a game of whack-a-mole to them...and it is the central bankers and other big players in on this manipulation.  It is about the only real evidence I see of a legitimate cabal at play in the world today that is well documented at ZeroHedge, even though ZeroHedge can be outright moonbatty about seeing a cabal under every bed.  I also suspect the PPT is in on this fun, since so many of them are tied into big money banks brokerages and thick political connections to the Fed & Treasury.  And the PPT cannot operate without the BIS.

Interesting how the BIS has this little blurb at the bottom of their "About Us" page -

"As its customers are central banks and international organisations, the BIS does not accept deposits from, or provide financial services to, private individuals or corporate entities. The BIS strongly advises caution against fraudulent schemes."

I'm sure the PPT feels properly cautioned.

 ::)
Title: Re: Just commodities
Post by: ToddF on May 03, 2012, 07:36:04 AM
http://www.cnbc.com/id/47273745 (http://www.cnbc.com/id/47273745)

Soybeans just under $15 now. 
Title: Re: Just commodities
Post by: Libertas on May 03, 2012, 09:47:48 AM
Yeah, soybeans have had a good run since the start of the year...

http://finviz.com/futures_charts.ashx?t=ZS (http://finviz.com/futures_charts.ashx?t=ZS)

...and lumber seems to be still testing a new highs...

http://finviz.com/futures_charts.ashx?t=LB (http://finviz.com/futures_charts.ashx?t=LB)

Who is grabbing that wood?  With new construction still seemingly depressed...

 ::whatgives::

Arks?  FEMA camps?

 ::foilhathelicopter::
Title: Re: Just commodities
Post by: Libertas on May 08, 2012, 10:36:36 AM
Eurosis is being blamed for the decline in everything today, but Jeesh!  Every PM is dropping!

http://finviz.com/futures_charts.ashx?t=METALS&p=m5 (http://finviz.com/futures_charts.ashx?t=METALS&p=m5)

WTF?  People just taking cash, hoarding up on Slim Jim's and Old Crow and heading for the hills or what?

 ::whatgives::
Title: Re: Just commodities
Post by: Libertas on May 08, 2012, 01:51:24 PM
In other words: Nothing Has Changed; Central Banks have only one trick which they will use when necessary; normal assets will waver in risk-on/risk-off mode because of that; commodities offer protection from the profligacy with an upside growth cover.

http://www.zerohedge.com/news/buying-commodity-dip (http://www.zerohedge.com/news/buying-commodity-dip)

I'll buy that!
Title: Re: Just commodities
Post by: charlesoakwood on May 08, 2012, 05:04:19 PM

http://en.wikipedia.org/wiki/LTRO#Long_Term_Refinancing_Operation_.28LTRO.29 (http://en.wikipedia.org/wiki/LTRO#Long_Term_Refinancing_Operation_.28LTRO.29)

ECB

The primary objective of the European Central Bank is to maintain price stability within the Eurozone, which is the same as keeping inflation low.
...
Long term refinancing operation

Though the ECB's main refinancing operations (MRO) are from repo auctions with a (bi)weekly maturity and monthly maturation, the ECB now conducts Long Term Refinancing Operations (LTROs), maturing after three months, six months, 12 months and 36 months.
***

LTRO 2 happened in March,  WTF happened today?
                                                                                 
                                                                                                     8913
Title: Re: Just commodities
Post by: Libertas on May 09, 2012, 06:55:43 AM

http://en.wikipedia.org/wiki/LTRO#Long_Term_Refinancing_Operation_.28LTRO.29 (http://en.wikipedia.org/wiki/LTRO#Long_Term_Refinancing_Operation_.28LTRO.29)

ECB

The primary objective of the European Central Bank is to maintain price stability within the Eurozone, which is the same as keeping inflation low.
...
Long term refinancing operation

Though the ECB's main refinancing operations (MRO) are from repo auctions with a (bi)weekly maturity and monthly maturation, the ECB now conducts Long Term Refinancing Operations (LTROs), maturing after three months, six months, 12 months and 36 months.
***

LTRO 2 happened in March,  WTF happened today?
                                                                                 
                                                                                                     8913

Talk about a wide stance!  Larry Craig has nothing on Euro spreads!

http://www.zerohedge.com/news/ltro-bank-stigma-widest-ltro-announcement (http://www.zerohedge.com/news/ltro-bank-stigma-widest-ltro-announcement)

And I suspect the ever-growing toxicity is driving Germany to push for removing Greece from the Euro Zone while leaving them in the EU....I'm sure that will go over well with the Greeks!

http://www.zerohedge.com/news/german-lawmakers-prep-greek-eurozone-exit-handelsblatt (http://www.zerohedge.com/news/german-lawmakers-prep-greek-eurozone-exit-handelsblatt)

In the meantime....

As a follow up to yesterday on Gold...yesterday was BTFD day! 

http://www.zerohedge.com/news/btfd (http://www.zerohedge.com/news/btfd)

Will there be more?


Title: Re: Just commodities
Post by: Libertas on May 14, 2012, 11:20:13 AM
China's stagnating planned economy and EU worries (Greece et all) pushing oil lower...maybe fuel costs won't be so bad this summer?

http://news.yahoo.com/oil-down-near-94-china-europe-concerns-120845026--finance.html (http://news.yahoo.com/oil-down-near-94-china-europe-concerns-120845026--finance.html)
Title: Re: Just commodities
Post by: Libertas on May 15, 2012, 08:04:10 AM
Found another site selling PM's...haven't used them yet but their prices on some things look better than APMEX, I might shoot an order over soon and see how it goes.

http://www.providentmetals.com/ (http://www.providentmetals.com/)
Title: Re: Just commodities
Post by: Libertas on May 17, 2012, 01:34:22 PM
Backwardation In Gold And Silver

Because the next successive contracts are not in backwardation (in silver, all contracts from Jul 2015 on are backwardated), it is not a collapse of trust.  I think that it is a lack of unencumbered metal.  The markets for precious metals, silver more than gold, have become quite tight.

http://www.zerohedge.com/news/guest-post-backwardation-gold-and-silver (http://www.zerohedge.com/news/guest-post-backwardation-gold-and-silver)

Buy & stack, baby!

Also, these charts are always impressive, really put things in eprspective -

http://www.zerohedge.com/news/guest-post-gold-tells-truth (http://www.zerohedge.com/news/guest-post-gold-tells-truth)
Title: Re: Just commodities
Post by: charlesoakwood on May 17, 2012, 03:23:31 PM
Quote

Central bankers can’t just abolish history. On
the other hand, history may very well abolish
the central bankers and their fiat currencies.

Title: Re: Just commodities
Post by: Predator Don on May 17, 2012, 07:44:42 PM
China's stagnating planned economy and EU worries (Greece et all) pushing oil lower...maybe fuel costs won't be so bad this summer?

http://news.yahoo.com/oil-down-near-94-china-europe-concerns-120845026--finance.html (http://news.yahoo.com/oil-down-near-94-china-europe-concerns-120845026--finance.html)


Also helps the dollar has gained some strength...Not that it should, but with the euro to compete.....
Title: Re: Just commodities
Post by: Libertas on May 18, 2012, 07:30:15 AM
Quote

Central bankers can’t just abolish history. On
the other hand, history may very well abolish
the central bankers and their fiat currencies.


Bullish on lamp posts.
Title: Re: Just commodities
Post by: Libertas on May 18, 2012, 07:32:28 AM
China's stagnating planned economy and EU worries (Greece et all) pushing oil lower...maybe fuel costs won't be so bad this summer?

http://news.yahoo.com/oil-down-near-94-china-europe-concerns-120845026--finance.html (http://news.yahoo.com/oil-down-near-94-china-europe-concerns-120845026--finance.html)


Also helps the dollar has gained some strength...Not that it should, but with the euro to compete.....

Yeah, it always kills me when people say this or that is strong, when in reality it is more often the case now days that something else turned into a bigger turd making this other turd just a little less stinky.

 ::)
Title: Re: Just commodities
Post by: Weisshaupt on May 18, 2012, 10:58:08 AM
Yeah, it always kills me when people say this or that is strong, when in reality it is more often the case now days that something else turned into a bigger turd making this other turd just a little less stinky.

Hey  Guess what Timmy said  (http://www.zerohedge.com/news/geithner-comes-clean-i-dont-understand-it)

Quote
JEFFREY BROWN: So you think he's got a record on jobs and the economy that he can proudly run on?

TIMOTHY GEITHNER: Absolutely. And again, if you look at -- look at how we're doing relative to any other major country in the world today. Look at how we managed our crisis relative to what, not just how the U.S. managed in the past or how Japan did, but look at Europe today, and if you look at any measure that we can point to of economic strength, they provide overwhelming support for the choices he made early on. And remember, those were tough - very tough choices, put out the financial fires, get growth started. He did it with almost no help from his opponents, deep political costs, and those things made us -- make us stronger today.

You see, our sh*t stinks less. We are strong.
Title: Re: Just commodities
Post by: Pandora on May 18, 2012, 11:03:28 AM
Yeah, it always kills me when people say this or that is strong, when in reality it is more often the case now days that something else turned into a bigger turd making this other turd just a little less stinky.

Hey  Guess what Timmy said  (http://www.zerohedge.com/news/geithner-comes-clean-i-dont-understand-it)

Quote
JEFFREY BROWN: So you think he's got a record on jobs and the economy that he can proudly run on?

TIMOTHY GEITHNER: Absolutely. And again, if you look at -- look at how we're doing relative to any other major country in the world today. Look at how we managed our crisis relative to what, not just how the U.S. managed in the past or how Japan did, but look at Europe today, and if you look at any measure that we can point to of economic strength, they provide overwhelming support for the choices he made early on. And remember, those were tough - very tough choices, put out the financial fires, get growth started. He did it with almost no help from his opponents, deep political costs, and those things made us -- make us stronger today.

You see, our sh*t stinks less. We are strong.

This is what I've been saying about "poverty" having no objective standard now; it's comparative.  And now, expanded globally.
Title: Re: Just commodities
Post by: Libertas on May 18, 2012, 11:04:28 AM
I read these people like cheap comic book characters...

I just wish those would all stay fictional...

 ::unknowncomic::
Title: Re: Just commodities
Post by: Predator Don on May 18, 2012, 05:05:45 PM
Wanna know why Romney has money in the caymans? Just look to little Timmy and chunky.



It's people like little Timmy and little chunky, going after mr Saverin, co founder of Facebook, for renouncing his citizenship and going to a no capital gains country, as little chunky attempts to tax him at 30 percent......


Title: Re: Just commodities
Post by: Libertas on May 20, 2012, 11:56:40 AM
When your liberty is under assault one obvious casualty is your pocketbook, beating up people for wanting to keep the looters at bay is some form of perverted patriotism, isn't it?!
Title: Re: Just commodities
Post by: Pandora on May 20, 2012, 07:22:24 PM
When your liberty is under assault one obvious casualty is your pocketbook, beating up people for wanting to keep the looters at bay is some form of perverted patriotism, isn't it?!

To listen to Schumer pontificate about his method of choice for preventing this sort of thing, one knows he thinks the money belongs first to the government; he's actually as pissed as if it's his pocket being picked.
Title: Re: Just commodities
Post by: Weisshaupt on May 20, 2012, 09:15:15 PM

To listen to Schumer pontificate about his method of choice for preventing this sort of thing, one knows he thinks the money belongs first to the government; he's actually as pissed as if it's his pocket being picked.

Why else would a Tax Cut "cost" something? 
Title: Re: Just commodities
Post by: Pandora on May 20, 2012, 09:18:27 PM
Precisely.
Title: Re: Just commodities
Post by: Sectionhand on May 21, 2012, 05:12:38 AM
When your liberty is under assault one obvious casualty is your pocketbook, beating up people for wanting to keep the looters at bay is some form of perverted patriotism, isn't it?!

To listen to Schumer pontificate about his method of choice for preventing this sort of thing, one knows he thinks the money belongs first to the government; he's actually as pissed as if it's his pocket being picked.

What else would you expect from a guy who's never held a job outside of politics ?
Title: Re: Just commodities
Post by: Libertas on May 21, 2012, 08:21:38 AM
I expect nothing but lies and bullsh*t from proglodytes and I can honestly say I've never been caught by surprise.
Title: Re: Just commodities
Post by: Libertas on May 21, 2012, 09:35:55 AM
Good breakdown on gold -

http://www.zerohedge.com/news/why-has-gold-fallen-price-and-what-outlook (http://www.zerohedge.com/news/why-has-gold-fallen-price-and-what-outlook)

I would expect the Eurocontagion fears to support the dollar...once that stabilizes or if the crisis deepens I would look for gold to regain strength...so in the meantime buying opportunities exists for physical purchases...then I think QE kicks in and the slow walk turns into a gallop.
Title: Re: Just commodities
Post by: charlesoakwood on May 22, 2012, 09:36:09 PM

"What's the word of a liar worth?"

UNCLE SAM BULLYING BROKERS OVER SILVER? [Plus, JPM's $7 Billion Blunder] - Woody O'Brien (http://www.youtube.com/watch?v=ERLiHp0d3kQ#)

This is a very interesting interview, and O'Brien talks about the JP Morgan prop trade debacle. Jamie Dimon initially said the losses were $2 billion. Now people are talking about it being $7 billion. I think it is $30+ billion. Why? Because as ZeroHedge pointed out, JP Morgan has stopped their stock buy-back program even though their share price has tanked. Interestingly, JPM was told by the Fed that IF they suffered a $31 Billion dollar prop trade loss, they would have to suspend all stock buy-backs.

Uh-huh. Dollars to doughnuts says JPM lost at minimum $30 billion.

That piece is here.  (http://www.zerohedge.com/news/did-fed-just-give-us-very-big-clue-just-how-big-jpms-cio-loss-may-be)
                                                                     _ _ _Ann Barnhardt

     
Title: Re: Just commodities
Post by: Libertas on May 23, 2012, 07:05:15 AM
Yeah, saw that.

My favorite comment on the ZH article?  "Rounding error". 

Yeah, I mistake $2b for $30b every day...

/
Title: Re: Just commodities
Post by: Libertas on May 31, 2012, 08:17:25 AM
Demand and risk issues could see an increase in PM prices.

Could be at/near the current bottom.  Have to see if the current bump in gold is sustainable.

http://www.zerohedge.com/news/gold-rises-40-markets-fall-sharply-safe-haven-tipping-point (http://www.zerohedge.com/news/gold-rises-40-markets-fall-sharply-safe-haven-tipping-point)
Title: Re: Just commodities
Post by: charlesoakwood on May 31, 2012, 09:46:22 AM

 9:49   -   1572.90
10:12  -   1551:90

It's on it's way back up now. 
Just a little hit and run on it's
journey.
Title: Re: Just commodities
Post by: Libertas on May 31, 2012, 11:37:51 AM
1564.40 now.  The beat down is thwarted by those they panicked too much and who didn't want to play with currencies or other paper assets...
Title: Re: Just commodities
Post by: Libertas on June 01, 2012, 07:46:00 AM
ZH article on the gold standard -

http://www.zerohedge.com/news/guest-post-myths-and-realities-returning-gold-standard (http://www.zerohedge.com/news/guest-post-myths-and-realities-returning-gold-standard)

Since ZH is Libertarian and big cheerleaders for Ron Paul there is a bias towards returning to the gold standard, but it is not the end all be all of economic and monetary sanity returning to the land.

The looters will simply debase gold as they debase currency, and profligate spending and mountains of debt will continue until it collapses utterly.  All the government has to do is confiscate private stocks, melt it down, skim, and return debased metal to owners.  Rinse/repeat for the rest of time...
Title: Re: Just commodities
Post by: Libertas on June 01, 2012, 09:15:21 AM
On the wake of todays disasterous employment numbers...Gold just gave the middle finger to Obamanomics and Chairman Bernanke...

http://www.zerohedge.com/news/gold-explodes-spam-unchanged (http://www.zerohedge.com/news/gold-explodes-spam-unchanged)

http://finviz.com/futures_charts.ashx?t=GC&p=m5 (http://finviz.com/futures_charts.ashx?t=GC&p=m5)

Ha Haaa!
Title: Re: Just commodities
Post by: charlesoakwood on June 01, 2012, 10:28:33 AM
*
http://www.kitco.com/images/live/gold.gif (http://www.kitco.com/images/live/gold.gif)
May 31  close     1560.20
June 01 18:00    1626.30

Does have that "up yours" look, doesn't it?


*Chart will be removed at the end of trading.
Title: Re: Just commodities
Post by: Libertas on June 01, 2012, 10:43:54 AM
 ;D

Yuuuuup!
Title: Re: Just commodities
Post by: charlesoakwood on June 05, 2012, 09:20:29 PM

This is a live chart so take a good look right now:

June 05, 19:50  - 1615.90
June 05, 21:20  - 1627.70

Here Comes The Hilsenrath Leak: "Fed Considers More Action"
 06/05/2012 - 19:29 (http://www.zerohedge.com/news/here-come-hilsenrath-leak-fed-considers-more-action) - "Fed Considers More Action Amid New Recovery Doubts." And as it has been leaked (now that people have actually done the appropriate math), so it shall be.

ETA:   http://www.zerohedge.com/news/negative-5y5y-2200-gold (http://www.zerohedge.com/news/negative-5y5y-2200-gold)
Title: Re: Just commodities
Post by: Libertas on June 06, 2012, 07:31:54 AM
Yeah, caught ZH this AM, how is the Fed going to sell more QE with inflation on the horizon?  How can they ease?  from ZIRP to NIRP?   ::)

There is no good way out of this and instead of doing the right thing and take your pain now, they'll continue to manipulate themselves to a soft landing that will never come, thus ensuring the landing we do get it brutally jarring.

Say your prayers.
Title: Re: Just commodities
Post by: Libertas on June 07, 2012, 09:28:23 AM
Just the usual manipulation, The BenBernanke speaks to Congress...dollar up, PM's down...BTFD!

http://www.zerohedge.com/news/live-webcast-bernanke-testimony-joint-economic-committee (http://www.zerohedge.com/news/live-webcast-bernanke-testimony-joint-economic-committee)

 ::foilhathelicopter::

That must be Ben in the helo!

(http://www.kitco.com/images/live/nygold.gif)
http://www.kitco.com/charts/livegoldnewyork.html (http://www.kitco.com/charts/livegoldnewyork.html)
Title: Re: Just commodities
Post by: Predator Don on June 07, 2012, 01:29:32 PM
Didn't hear Bernake...... I assumed the markets jumped because of the talk of more free money coming thier way. Haven't checked the market today.
Title: Re: Just commodities
Post by: Libertas on June 08, 2012, 07:52:49 AM
I listened to a livestream of it...hearing the idiot demonrats bloviate about nothing but trying to sound like they have a brain cell was nauseating, the simultaneous postings on ZH were fun, everybody groaning about morons asking the questions and the moron failing to answer them.

It will be thumb-twiddling a bit longer to see what the Euro-crisis brings before Helicopter Ben decides to throw paper out the door again...

Prolonging the inevitable, yeah, that'll work...

 ::unknowncomic::

On a lighter side, Hitler surfaces again...

http://www.zerohedge.com/news/hitler-long-usd-gets-margin-call (http://www.zerohedge.com/news/hitler-long-usd-gets-margin-call)
Title: Re: Just commodities
Post by: Libertas on June 11, 2012, 10:07:48 AM
Visualizing China's Voracious Appetite For Gold
http://www.zerohedge.com/news/visualizing-chinas-voracious-appetite-gold (http://www.zerohedge.com/news/visualizing-chinas-voracious-appetite-gold)

Mmmm... nom, nom, nom nom!!!

Get some, BTFD!

!
Title: Re: Just commodities
Post by: Libertas on June 11, 2012, 01:09:38 PM
Oh, and let's not forget gulp, gulp, gulp!

http://www.zerohedge.com/news/guess-what-else-china-hoarding (http://www.zerohedge.com/news/guess-what-else-china-hoarding)

Hmm, global depression is still all the rage, bad news out of Europe spilling out everyday, poor economic numbers in America, Asia not faring much better...bottome line global oil demand is down, so...either the ChiCom's-

a) Are admiting their domestic production is declining
b) Are preparing to invade someone
c) Are worried someone will invade them
d) Are worried the world supplies will be disrupted (Iran?)
e) Are intentionally instituting a planned haording strategy in light of any or all the above

I'll go all-in on "e"!
Title: Re: Just commodities
Post by: Weisshaupt on June 11, 2012, 01:47:54 PM
My Apmex physical barometer is way up-- $1.15/oz premium on the $500 face value bag of junk silver. $28.30 for spot? 29.50 for physical with no collectible value and only 90% pure. Pre- 2008 the premium on that stuff was under a dime.

The disconnect is getting wider.
Title: Re: Just commodities
Post by: Libertas on June 12, 2012, 07:03:30 AM
Yeah I like keeping an eye on those premiums too, there seems to be spike, and I think it is more than current demand opportunity driving it, I think anticipated short-term demand is expected to rise.  Seeing the current world economic conditions as they are and central banks loading up more (especially the Chinese) indicates money is flowing into hard assets and away from paper.  The more that happens the more hits the paper assets will take and it will really expedite paper crashes.  Even with those premiums the recent pullback in prices seems to indicate the buying window should still be open for those wanting to get physical.
Title: Re: Just commodities
Post by: Libertas on June 13, 2012, 07:58:49 AM
Poor retail sales numbers, more anticipation for QE3...and PM's pop up.

http://finviz.com/futures_charts.ashx?t=METALS&p=m5 (http://finviz.com/futures_charts.ashx?t=METALS&p=m5)
Title: Re: Just commodities
Post by: Predator Don on June 13, 2012, 12:21:11 PM
Poor retail sales numbers, more anticipation for QE3...and PM's pop up.

http://finviz.com/futures_charts.ashx?t=METALS&p=m5 (http://finviz.com/futures_charts.ashx?t=METALS&p=m5)

QE3....LOL.

Obama lambasts the "rich", while unloading free money on the market. I'm sure the poor and middle class will flourish.
Title: Re: Just commodities
Post by: Libertas on June 13, 2012, 01:56:57 PM
Poor retail sales numbers, more anticipation for QE3...and PM's pop up.

http://finviz.com/futures_charts.ashx?t=METALS&p=m5 (http://finviz.com/futures_charts.ashx?t=METALS&p=m5)

QE3....LOL.

Obama lambasts the "rich", while unloading free money on the market. I'm sure the poor and middle class will flourish.

Yeah, his crony capitalists will prosper while everybody else gets the shaft!
Title: Re: Just commodities
Post by: Predator Don on June 13, 2012, 03:36:41 PM
Poor retail sales numbers, more anticipation for QE3...and PM's pop up.

http://finviz.com/futures_charts.ashx?t=METALS&p=m5 (http://finviz.com/futures_charts.ashx?t=METALS&p=m5)

QE3....LOL.

Obama lambasts the "rich", while unloading free money on the market. I'm sure the poor and middle class will flourish.

Yeah, his crony capitalists will prosper while everybody else gets the shaft!

Amazing how gullible the chosen ones followers are....
Title: Re: Just commodities
Post by: Weisshaupt on June 25, 2012, 11:06:41 AM
The disconnect between SPOT price and Real, "gimme my bullion" price continues.

Last night $500 face value 90% junk silver bag  now carried a premium of $1.45/oz at APMEX. - when Silver was at 26.70 or so
This morning Silver is at 27.46 and the premium is $1.50/oz

Oh yeah, its on sale! The fact that the premium is going up even with price going up means that Apmex isn't just trying to profit a bit from the dip-- they know the demand is outstripping the spot price by quite a bit.. and selling it  priced accordingly.   in 2008 a movement in silver of $0.10 in a day is a lot and premiums were $0.05 to $0.20 - through most of 2011 they were $0.40, and this least year they rose to $0.85..

The physical market must certainly be heating up.. and these are "junk coins" with no collectors value. They are only 90% silver. This is the bottom of the barrel of the "investors" silver market. So either we have a bunch of preppers chasing junk silver as a fad- enough to move the premium over  $1 on a $30 purchase, or we are reaching the point of no returns on the physical silver market.

Title: Re: Just commodities
Post by: Weisshaupt on June 25, 2012, 05:05:46 PM
Now the Junk Silver is back down to $1.45/oz premium,but it isn't available until 7/6/2012

Physical supply is seeing another "run"
Title: Re: Just commodities
Post by: Libertas on June 26, 2012, 07:29:56 AM
I like the 1oz rounds, 20 fit in them plastic holder doohickies nice, but the premiums are higher, and if you pay by credit card they suck another $.89/oz out of you.

ETA - Silver did come down though, might have to think about another order regardless of premium.
Title: Re: Just commodities
Post by: Weisshaupt on June 26, 2012, 10:02:27 AM
I like the 1oz rounds, 20 fit in them plastic holder doohickies nice, but the premiums are higher, and if you pay by credit card they suck another $.89/oz out of you.

ETA - Silver did come down though, might have to think about another order regardless of premium.

Yeah, I  have been thinking about it too. I have just never paid a premium that high.  My junk silver ( which was lost in a boating accident) I paid $0.13 /oz for. -- And we would buy the non-mint silver rounds ( also lost in that boating accident)  for a premium of $0.99 and that was after the price had climbed into the high 20s. - now they are $1.50/oz on par with the Junk silver. (and the Apmex Buy price is $0.10 more than the current ask. -- Physical is decoupling from the paper.  The parity  of Junk Silver with the silver rounds is also interesting: the junk silver primary purpose is an emergency spending supply. They are easily recognized, produced by the U.S. mint, and people will know what they are quickly.

Title: Re: Just commodities
Post by: Libertas on June 26, 2012, 11:49:32 AM
I like the 1oz rounds, 20 fit in them plastic holder doohickies nice, but the premiums are higher, and if you pay by credit card they suck another $.89/oz out of you.

ETA - Silver did come down though, might have to think about another order regardless of premium.

Yeah, I  have been thinking about it too. I have just never paid a premium that high.  My junk silver ( which was lost in a boating accident) I paid $0.13 /oz for. -- And we would buy the non-mint silver rounds ( also lost in that boating accident)  for a premium of $0.99 and that was after the price had climbed into the high 20s. - now they are $1.50/oz on par with the Junk silver. (and the Apmex Buy price is $0.10 more than the current ask. -- Physical is decoupling from the paper.  The parity  of Junk Silver with the silver rounds is also interesting: the junk silver primary purpose is an emergency spending supply. They are easily recognized, produced by the U.S. mint, and people will know what they are quickly.


Yeah, don't worry about the premiums too much at these prices, and it is so weird, I too have had a lot of boating accidents...there's a lot of treasure at the bottom of our nations waterways!

Title: Re: Just commodities
Post by: Libertas on July 16, 2012, 06:36:01 AM
I guess food prices will be soaring, look what corn, soybean, oats & wheat etc has been doing!

http://finviz.com/futures_charts.ashx?t=GRAINS&p=d1 (http://finviz.com/futures_charts.ashx?t=GRAINS&p=d1)

 ::speechless::
Title: Re: Just commodities
Post by: ToddF on July 16, 2012, 08:12:20 AM
I just caught an article along that line over the weekend.  Yikes!

Corn - $7.71, up 4.15% (That's just today!)
Wheat - $8.75 up 3.24%
Beans - $15.91 up 2.51%

Which of course means that it would be a great time for Pawlenty to go Full Retard on 15% gasohol mandates!
Title: Re: Just commodities
Post by: Libertas on July 16, 2012, 11:24:46 AM
Yep, pay more for less, isn't latter day Amerika a kick?!

Speaking of T-Paw and going full retard...I hear Timmy is the latest hot rumor to be Mitt's Veep.

(More) Mandates for the nation, what a deal!

/

 ::falldownshocked::
Title: Re: Just commodities
Post by: ToddF on July 17, 2012, 08:59:29 AM
Corn - $7.82
Wheat - $8.88
Beans - $15.93
Title: Re: Just commodities
Post by: Libertas on July 17, 2012, 11:21:10 AM
I bet even dirt is going up...

 ::facepalm::
Title: Re: Just commodities
Post by: charlesoakwood on August 12, 2012, 11:43:16 PM

ZH (http://www.zerohedge.com/news/golds-recent-resilience)

What is critically clear is that gold's gyrations and uncertainty relative all of these three indicators since the end of LTRO2 has fallen suggesting its diversification and 'hedge-ability' for both risk-on (liquidity-driven exuberance) and risk-off (safe-haven sourcing in a NIRP world) is increasingly appealing.

Title: Re: Just commodities
Post by: Libertas on August 13, 2012, 06:45:00 AM
The end of this century will sure look a lot different than the start...long after we've been buried barter economics will be the norm and being cursed as a theif will be the worst insult possible...and those guilty of theft will be immediately culled from the herd.  Our generations will not be looked at kindly, the few who warned of its folly may be remembered as well as its most nefarious proponents...everyone else will be forgotten and looked at as fools.
Title: Re: Just commodities
Post by: charlesoakwood on August 21, 2012, 11:53:23 PM

If I remember correctly this is about the time
my great grandfather gave his favorite daughter
a charm bracelet strung with drilled $10.00 gold
pieces.

(http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/08/Executive_Order_6102.jpg)
Title: Re: Just commodities
Post by: Libertas on August 22, 2012, 06:29:40 AM
That's one executive order that would be met with lots of resistence today.

Order 6102 specifically exempted "customary use in industry, profession or art"—a provision that covered artists, jewellers, dentists, and sign makers among others. The order further permitted any person to own up to $100 in gold coins (a face value equivalent to 5 troy ounces (160 g) of Gold valued at about $7800 as of 2011). The same paragraph also exempted "gold coins having recognized special value to collectors of rare and unusual coins." This protected recognized gold coin collections from legal seizure and likely melting.
http://en.wikipedia.org/wiki/Executive_Order_6102 (http://en.wikipedia.org/wiki/Executive_Order_6102)

Yeah, likely melting, aka debasement like the corrupt hereditary kings of old...  FDR may not have invented theft but he sure enjoyed doing it.   ::doublebird::

Too bad all my PM's were lost in an unfortunate boating accident.

Speaking of PM's, Platinum futures sure are taking off like a rocket lately!

http://finviz.com/futures.ashx (http://finviz.com/futures.ashx)
Title: Re: Just commodities
Post by: Libertas on August 22, 2012, 07:15:14 AM
http://www.france24.com/en/20120822-us-corn-soy-prices-hit-records-drought-lingers (http://www.france24.com/en/20120822-us-corn-soy-prices-hit-records-drought-lingers)

Corn has been going like crazy, for all too obvious reasons, unless your a lefty ignoramus...
Title: Re: Just commodities
Post by: Weisshaupt on August 22, 2012, 08:28:51 AM

If I remember correctly this is about the time
my great grandfather gave his favorite daughter
a charm bracelet strung with drilled $10.00 gold
pieces.

A lot of the gold was melted down and made into jewelry which was exempt from the confiscation. There were a lot of solid gold chain links made - which in't a bad way to have gold BTW - a chain link is a small enough portion of gold that it can be used in everyday transactions for groceries etc.
Title: Re: Just commodities
Post by: charlesoakwood on August 22, 2012, 04:07:16 PM
I bet even dirt is going up...

 ::facepalm::

Ha, just saw that.  Yeah, about 300% over the last 10yrs in some places.
Pretty good return.
***

Spot gold was last quoted up $8.20 an ounce at $1,647.25.  (http://www.kitco.com/reports/KitcoNews20120822JW_pm.html)

Most market watchers are now looking ahead to next week’s annual Jackson Hole Federal Reserve confab, which will feature remarks from Fed Chairman Ben Bernanke. It’s either at that time or at the mid-September FOMC meeting that many hope the Fed announces a new monetary stimulus plan—nicknamed QE3.


I've seen this movie before and the play stands;
there will be a brief recession, there will be inflation
(note to self: buy CD's at 14) and gold will go to the
'80-'81 equivalent high, about 2200, before it drops.

If Obama wins all bets are off.




Edit to add this tidbit:

LUBBOCK (CBSDFW.COM (http://dfw.cbslocal.com/2012/08/22/texas-judge-preparing-for-civil-war-if-obama-re-elected/)) - A Texas leader is warning of what he calls a ‘civil war’ and possible invasion of United Nations troops if President Barack Obama is re-elected.

Lubbock County Judge Tom Head is convinced that Mr. Obama winning a second term would lead to a revolt by the American people ... He says the money is needed to “beef up” it’s resources in case President Obama wins the November election.

In the event of civil unrest Judge Head said he’s concerned the President would hand over sovereignty of the United States to the U.N. and that the American public would react violently.
...


Title: Re: Just commodities
Post by: charlesoakwood on August 22, 2012, 10:28:11 PM
I bet even dirt is going up...

 ::facepalm::

Ha, just saw that.  Yeah, about 300% over the last 10yrs in some places.
Pretty good return.
***

Spot gold was last quoted up $8.20 an ounce at $1,647.25.  (http://www.kitco.com/reports/KitcoNews20120822JW_pm.html)

Most market watchers are now looking ahead to next week’s annual Jackson Hole Federal Reserve confab, which will feature remarks from Fed Chairman Ben Bernanke. It’s either at that time or at the mid-September FOMC meeting that many hope the Fed announces a new monetary stimulus plan—nicknamed QE3.


I've seen this movie before and the play stands;
there will be a brief recession, there will be inflation
(note to self: buy CD's at 14) and gold will go to the
'80-'81 equivalent high, about 2200, before it drops.

If Obama wins all bets are off.




Edit to add this tidbit:

LUBBOCK (CBSDFW.COM (http://dfw.cbslocal.com/2012/08/22/texas-judge-preparing-for-civil-war-if-obama-re-elected/)) - A Texas leader is warning of what he calls a ‘civil war’ and possible invasion of United Nations troops if President Barack Obama is re-elected.

Lubbock County Judge Tom Head is convinced that Mr. Obama winning a second term would lead to a revolt by the American people ... He says the money is needed to “beef up” it’s resources in case President Obama wins the November election.

In the event of civil unrest Judge Head said he’s concerned the President would hand over sovereignty of the United States to the U.N. and that the American public would react violently.
...



Oh, brother,  talk is all over the place. 
Maybe after the election things will cool down.

A WSJ Book Review: "Better Off Without 'Em: A Northern Manifesto for Southern Secession" (http://online.wsj.com/article/SB10000872396390444860104577560843330485890.html)

Quote
"Thank you for the copy of Better Off Without 'Em, but I'm afraid it's New York and San Francisco that I think should secede."

- P.J. O'Rourke
                                     Don't forget Illinois.
                                                             


Ace (http://ace.mu.nu/archives/332156.php#332156)

Title: Re: Just commodities
Post by: Libertas on August 24, 2012, 11:18:39 AM
(http://ace.mu.nu/Windows-Live-Writer/Overnight-Open-Thread-8-22-2012_EF07/51BA5fHmKEL._BO2,204,203,200_PIsitb-sticker-arrow-click,TopRight,35,-76_AA300_SH20_OU01__thumb.jpg)

Is this supposed to be an offensive flag?   ::hysterical::

(3 out of the 4 logos aint bad!)
Title: Re: Just commodities
Post by: charlesoakwood on August 24, 2012, 10:51:26 PM

Continuing the Civil War tangent; well, lead is a commodity:

Reuters: (http://www.reuters.com/article/2012/08/24/us-un-texas-duel-idUSBRE87N10V20120824)

    Maybe President Barack Obama should just settle it in a gun duel with a Texas judge, instead of calling on the United Nations to invade the state.

Court house video here (http://weaselzippers.us/2012/08/24/tax-increase-in-texas-to-fight-u-n/)
Title: Re: Just commodities
Post by: Libertas on August 24, 2012, 11:16:41 PM
Fits my call for a return to dueling, whole lot BS would go by the boards if people had to back up what they say and do...

 ::rockets::

 ;D
Title: Re: Just commodities
Post by: Libertas on September 14, 2012, 10:52:54 AM
More on the Bernanke-Effect

http://www.zerohedge.com/news/fed-currency-debasement-3-sees-gold-and-silver-surge-2-and-43 (http://www.zerohedge.com/news/fed-currency-debasement-3-sees-gold-and-silver-surge-2-and-43)

Take note of the analysis of MachoMan, spot on IMO.

Bill Gross twitter feed -

http://www.zerohedge.com/news/bill-grossbuy-real-assets-gold-house (http://www.zerohedge.com/news/bill-grossbuy-real-assets-gold-house)

Real trumps fake, no time to hold fake.   ;)

Another argument against the Bernanke insanity, basically another confirmation of the Cantillon Effect, or as another poster here calls it "refuedalization".

http://www.zerohedge.com/news/marc-faber-fed-will-destroy-world (http://www.zerohedge.com/news/marc-faber-fed-will-destroy-world)
Title: Re: Just commodities
Post by: charlesoakwood on September 14, 2012, 07:20:11 PM

Just got out of a house.  City house it was, thought it would be
long term but between Bennie buying mortgages and mortgage
companies making loans for an "X" at 4 or less %, the
city taxes your atzenburner going and coming.  BuBye.

Suburban or one highway hour from the city; raw land.

 
Title: Re: Just commodities
Post by: charlesoakwood on September 15, 2012, 12:03:08 AM

Bennie will destroy the world. Faber, man of understatement.

http://www.zerohedge.com/news/bofa-sees-fed-assets-surpassing-5-trillion-2015-leading-3350-gold-and-190-crude (http://www.zerohedge.com/news/bofa-sees-fed-assets-surpassing-5-trillion-2015-leading-3350-gold-and-190-crude)

Since the Fed is effectively becoming the marginal player in both the MBS and Treasury markets, a very relevant question is how much private market debt is left to sell. Short answer: not much. According to BofA's calculation, the Fed will own more than 33% of the entire mortgage market by 2014.  

That's half the story.

Title: Re: Just commodities
Post by: Libertas on September 15, 2012, 09:24:19 AM
"To the extent that the Fed is at least temporarily successful in nurturing a risk-on trade for portfolio managers, the reality is that changing the relative prices of assets does not create demand."

http://www.zerohedge.com/news/rosenberg-if-us-truly-japan-fed-will-end-owning-entire-market (http://www.zerohedge.com/news/rosenberg-if-us-truly-japan-fed-will-end-owning-entire-market)

There is a lot of upside down action left to come, when this unwinds...or to use your elastic band concept...snaps back...    ::speechless::

Thank God PM's are a haven for retaining real value!

Oh, and lead, can't forget about lead!   ;)
Title: Re: Just commodities
Post by: Weisshaupt on September 17, 2012, 09:11:09 AM
Dollar no longer primary oil currency – China begins to sell oil using Yuan
Kenneth Schortgen Jr.
Wed, 12 Sep 2012 22:00 CDT

© TIME/Facts Global Energy
On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S. dollar since its inception as a currency. For the first time since the 1970?s, when Henry Kissenger forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.
Comment: Lindsey Williams: "The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine."
"On Thursday, Sept. 6… just a few days ago, China made the official announcement. China said on that day, our banking system is ready, all of our communication systems are ready, all of the transfer systems are ready, and as of that day, Thursday, Sept. 6, any nation in the world that wishes from this point on, to buy, sell, or trade crude oil, can do using the Chinese currency, not the American dollar. – Interview with Natty Bumpo on the Just Measures Radio network, Sept. 11
This announcement by China is one of the most significant sea changes in the global economic and monetary systems, but was barely reported on due to its announcement taking place during the Democratic convention last week. The ramifications of this new action are vast, and could very well be the catalyst that brings down the dollar as the global reserve currency, and change the entire landscape of how the world purchases energy.
Ironically, since Sept. 6, the U.S. dollar has fallen from 81.467 on the index to today’s price of 79.73. While analysts will focus on actions taking place in the Eurozone, and expected easing signals from the Federal Reserve on Thursday regarding the fall of the dollar, it is not coincidence that the dollar began to lose strength on the very day of China’s announcement.

Title: Re: Just commodities
Post by: Libertas on September 17, 2012, 11:24:39 AM
China produces roughly a third of what we do, and unless they get other nations to switch to the Yaun the impact will be limited.  But an impact of even marginal proportions may be enough to cause a loss of confidence in the dollar, and the decision to proceed with QE makes Fed/Treas complicit in the destruction of its own currency, we cannot blame others as much as ourselves!

http://www.nationmaster.com/graph/ene_oil_pro-energy-oil-production (http://www.nationmaster.com/graph/ene_oil_pro-energy-oil-production)
Title: Re: Just commodities
Post by: charlesoakwood on September 17, 2012, 11:34:03 AM

China's making a move trying to establish before Romney
is elected for they know the world will be a different place
once we have a president whose foreign policy is not
appeasement.

The renminbi is having its own problems and other nations
won't be storming the cashier to exchange their currency.
Turkey, Iran, and Russia? have been trading oil for gold.

Title: Re: Just commodities
Post by: Weisshaupt on September 17, 2012, 12:00:23 PM


The renminbi is having its own problems and other nations
won't be storming the cashier to exchange their currency.
Turkey, Iran, and Russia? have been trading oil for gold.



China has been building gold reserves steadily for decades now.  I believe their end game is to back the Yuan/Renminbi or a new issue with Gold (and possibly other commodities they are also stockpiling)  in a bid for the World reserve.
Title: Re: Just commodities
Post by: charlesoakwood on September 17, 2012, 12:12:06 PM

If the majority of folks understood that it would be
a rallying call.  Oh, wait, Romney said he was going
to address the exchange rate fixing with China.

I digress, but they say Romney has not put up a plan, BS.
He's said, increase military to win two front war, confront
China, end regulation so we can drill-drill-drill, and kill
ObamaCare.  What the hell are these idiots talking about?

Title: Re: Just commodities
Post by: Weisshaupt on September 17, 2012, 12:42:02 PM

If the majority of folks understood that it would be
a rallying call.  Oh, wait, Romney said he was going
to address the exchange rate fixing with China.

I digress, but they say Romney has not put up a plan, BS.
He's said, increase military to win two front war, confront
China, end regulation so we can drill-drill-drill, and kill
ObamaCare.  What the hell are these idiots talking about?


Romney also promised to keep the "best parts" of Obamacare - including coverage for pre-existing conditions.  Romney is a politician- that means he is a lying psychopath.
Title: Re: Just commodities
Post by: Libertas on September 17, 2012, 06:38:56 PM

If the majority of folks understood that it would be
a rallying call.  Oh, wait, Romney said he was going
to address the exchange rate fixing with China.

I digress, but they say Romney has not put up a plan, BS.
He's said, increase military to win two front war, confront
China, end regulation so we can drill-drill-drill, and kill
ObamaCare.  What the hell are these idiots talking about?


Romney also promised to keep the "best parts" of Obamacare - including coverage for pre-existing conditions.  Romney is a politician- that means he is a lying psychopath.

I'll go that far with a Dem, with a center-right guy perhaps not.  I would certainly be willing to offer up misguided, foolish and ill informed.  If Congress can get more real conservatives in there willing to hold tough and not capitulate to the RINO/AINO crowd a President Romney may find replacements for ObamaCare difficult to realize.  That Romney needs to be schooled on his error in rhetoric and policy is beyond question, and hoping he is merely paying lip service to ameliorate moderates cannot be counted upon, that's what gave us crap like McCain-Fiengold!  He needs reeducation if elected, a more conservative Congress would be helpful in that regard.  Mitt was not my choice, not even my second or third...but this is what we are stuck with for good or ill.
Title: Re: Just commodities
Post by: charlesoakwood on September 17, 2012, 08:40:28 PM

If I got a condition and move to another company I must wait a year
before I get on the program, that is a problem I shouldn't have.
If I've elected to not pay for insurance and move to another company
and develop a condition, that should be my problem.  Just thinkin...


(Reuters) (http://in.reuters.com/article/2012/09/17/cme-uscrude-drop-idINL1E8KHCEN20120917)- CME Group Inc, the parent company of the New York Mercantile Exchange, was not immediately aware of any technical issues that might have triggered a sharp sell-off in U.S. crude oil futures on Monday afternoon, a CME spokesman said.

Title: Re: Just commodities
Post by: charlesoakwood on September 17, 2012, 09:35:33 PM

http://www.zerohedge.com/news/how-chinas-rehypothecated-ghost-steel-just-vaporized-and-what-means-world-economy (http://www.zerohedge.com/news/how-chinas-rehypothecated-ghost-steel-just-vaporized-and-what-means-world-economy)

Quote
From Reuters:    Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery: the metal was never in the warehouses in the first place.

This means that in an economy in which the creation of liabilities, and pledging of assets took place at a furious pace in the past 5 years, nobody really knows just what the real state of credit creation truly was. What is 100% certain is that as a result of this revelation, the GDP number of the country, which is and always has been a derivative of credit formation and expansion (and heaven forbid contraction), is massively overrepresenting what it is in reality, and that the Chinese economy has been expanding at a far slower pace if defined not only by the creation of liabilities, but by matched assets. Most importantly, it means that every single Renminbi in circulation is impaired as a country-wide liquidation event would see huge losses by every creditor class. It also would mean, naturally, zero residual value left for the equity.

And just like that the Chinese growth "miracle" goes poof... as does its steel first, and soon all other commodities (coughcoppercough) that served as the basis of "secured" liability creation.
Title: Re: Just commodities
Post by: Libertas on September 18, 2012, 06:56:26 AM

http://www.zerohedge.com/news/how-chinas-rehypothecated-ghost-steel-just-vaporized-and-what-means-world-economy (http://www.zerohedge.com/news/how-chinas-rehypothecated-ghost-steel-just-vaporized-and-what-means-world-economy)

Quote
From Reuters:    Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery: the metal was never in the warehouses in the first place.

This means that in an economy in which the creation of liabilities, and pledging of assets took place at a furious pace in the past 5 years, nobody really knows just what the real state of credit creation truly was. What is 100% certain is that as a result of this revelation, the GDP number of the country, which is and always has been a derivative of credit formation and expansion (and heaven forbid contraction), is massively overrepresenting what it is in reality, and that the Chinese economy has been expanding at a far slower pace if defined not only by the creation of liabilities, but by matched assets. Most importantly, it means that every single Renminbi in circulation is impaired as a country-wide liquidation event would see huge losses by every creditor class. It also would mean, naturally, zero residual value left for the equity.

And just like that the Chinese growth "miracle" goes poof... as does its steel first, and soon all other commodities (coughcoppercough) that served as the basis of "secured" liability creation.


Bwuuuhaahaaa!  Couldn't have happened to a better pack of jackals!  I hope they feel a surge of national pride after bullying their smaller regional neighbors over a few scattered islands they neither need or deserve!

Up your Chi-Com butts, comrade!

 ::mooning::

 ::hysterical::

If this helps to unwind all the Pnzai schemes in play, so much the better, perhaps the real "reset" button has been hit.  Commodity and currency wars could really start overheating now.  Yes, we are closer...
Title: Re: Just commodities
Post by: Weisshaupt on September 18, 2012, 10:19:30 AM
Possible Naked Shorting of Oil now too (http://www.jsmineset.com/2012/09/17/jims-mailbox-1043/)

Title: Re: Just commodities
Post by: Libertas on September 18, 2012, 11:30:03 AM
Damn, I knew this would happen too...cannot Kabuki the economy without dinging the dollar and the only other option left is to Kabuki the dollar by scamming commodities...I shoulda seen it coming.  Just like after QE2 & twist&shiver and all the rest...
Title: Re: Just commodities
Post by: Libertas on September 18, 2012, 01:48:59 PM
I think the more sensible part of this posting is towards the end...


•Once banks are deemed to be sufficiently de-leveraged through debt monetization, we believe central banks will begin monetizing assets as a means of explicitly devaluing their currencies. As we have argued, the asset of choice will be the only monetary asset already held by global treasury ministries and central banks and the one with recent precedent collateralizing global currencies – gold.
•The policy-administered currency devaluation we have envisioned would involve a central bank publicly tendering for gold at an increased exchange rate (i.e. price). For example, the Fed would purchase gold with newly created US dollars, which would bring the ratio of USD-denominated credit-to-base money back into line, thereby de-leveraging the system. (This inflation would increase prices and wages relative to outstanding debt balances, greatly reducing the burden of debt repayment.) Global currencies might be re-pegged to the US dollar which would in turn be exchangeable for gold at the higher price, as per the Bretton Woods system. Of course, other central banks might try to make their currencies exchangeable directly into gold at another exchange rate. (We await the arbitrage.)
•Were a USD devaluation and re-pegging to occur as of the end of 2014, following 2 ¼ years of $40 billion monthly MBS debt monetization, we estimate our Shadow Gold Price would approximate $15,000/ounce. (The SGP divides the quantity of USD base money by the quantity of US official gold holdings, as per the Bretton Woods monetary regime.) Over the weekend, Bank of America analysts implied USD base money inflation would increase much more than the Fed announced, to about $5 trillion by the end of 2014. This figure would imply an SGP a bit over $19,000/oz.

We are often asked when we see our scenario playing out. Our answer has always been twofold: first, current conditions and policy responses confirm it is playing out now; second, it is impossible to say when the parabolic “catch-up” phase gets underway because that depends on the interplay between the general public’s understanding of the forces behind consumer goods and service price inflation, the pressures on real returns in most financial assets, and the reflexive political pressures and policy responses to them.

Nevertheless, we suspect last week’s events, in which both the ECB and Fed committed to open-ended base money creation – against a geopolitical environment in which China’s USD reserves are being held astride an increasingly dynamic domestic political regime and in which the petro-dollar regime of the past forty years seems under attack – may be the catalyst that begins to raise public awareness of the link between monetary inflation and price inflation.

Inflation indexes such as the CPI are contemporaneous indicators of price level changes. If our analysis is right, very little capital will be properly positioned when consumer price indexes begin to flare. The relatively tiny current universal allocation towards perceived “inflation hedges” seems to bear this out.

We believe significant real Alpha will be generated by those properly positioned first for significant monetary inflation and monetary regime change, and second for significant price inflation. We believe nominal returns using this sequencing will be substantial (far greater in fact than were available to short positions in sub-prime loans in 2007).


http://www.zerohedge.com/news/perspectives-golds-parabolic-catch-phase (http://www.zerohedge.com/news/perspectives-golds-parabolic-catch-phase)

Anyway you cut it the PTBs are making all the wrong moves, so it cannot be more plain that real assets will soon be a scarce item...then, look out!
Title: Re: Just commodities
Post by: charlesoakwood on September 18, 2012, 11:00:34 PM

We're not in a dive and we've not hit stall speed yet.
Romney, with help from a conservative congress could
level this thing off and head us forward toward the
excellence we once were in covenant and commerce.  
                                                                        ::crusader::

But for the moment:
[blockquote]
Deutsche Bank Looking For $2,000/Oz Gold In 1H 2013 (http://)
Tuesday September 18, 2012 11:55 AM

Deutsche Bank sees gold exceeding $2,000 an ounce in the first half of 2013. The bank cites growth in the supply of fiat currencies such as the U.S. dollar. “When one has accumulated too much debt, while the right thing to do is pay it back, the easiest thing to do is default and hope your creditor has a short memory,” Deutsche Bank says. “We believe the Western economies in general are biased towards the latter, whether they will admit it or not. We expect a soft default will likely be the preferable course of action; a managed form of currency depreciation through various stages of quantitative easing or successive bailouts by central banks of the banking system. This ‘easy’ scenario is good for gold, in our view.


Longer Term Question for Gold – Thomas Barnet (http://www.kitco.com/KitcoNewsVideo/index.html?v=12-09-10thomasbarnett_1)   Obviously he has no SHTHF thoughts; however, there are some interesting observations. [about 3:30] "middle class is the same the world over, it has unlimited demands on mobility and electricity"   [about 4:30]  "betting long and bullish on arible land".   His eyes though, seem to be giving him trouble and it's not on the ceiling. ::)[/blockquote]


Title: Re: Just commodities
Post by: charlesoakwood on September 19, 2012, 01:27:37 AM

This makes me feel warm all over:

Tungsten-Filled 10 Oz Gold Bar Found In The Middle Of Manhattan's Jewelry District (http://www.zerohedge.com/news/tungsten-filled-10-oz-gold-bar-found-middle-manhattans-jewelry-district)
Title: Re: Just commodities
Post by: Libertas on September 19, 2012, 07:17:58 AM

This makes me feel warm all over:

Tungsten-Filled 10 Oz Gold Bar Found In The Middle Of Manhattan's Jewelry District (http://www.zerohedge.com/news/tungsten-filled-10-oz-gold-bar-found-middle-manhattans-jewelry-district)


Yeah, these stories crop up from time to time, it is only the poor economic times we are in (and times when PMs are rising) that they get more attention.  I am having a hard time believing this scam was not perpetrated at the source, but the full chain of custody has to be thoroughly investigated to know for sure.

Anyway, not like this is any different than what the Fed/Treas is doing with currency, same scam, just easier to do with paper than metal.
Title: Re: Just commodities
Post by: Weisshaupt on September 19, 2012, 09:24:00 AM

This makes me feel warm all over:

Tungsten-Filled 10 Oz Gold Bar Found In The Middle Of Manhattan's Jewelry District (http://www.zerohedge.com/news/tungsten-filled-10-oz-gold-bar-found-middle-manhattans-jewelry-district)


Yeah, these stories crop up from time to time, it is only the poor economic times we are in (and times when PMs are rising) that they get more attention.  I am having a hard time believing this scam was not perpetrated at the source, but the full chain of custody has to be thoroughly investigated to know for sure.

Anyway, not like this is any different than what the Fed/Treas is doing with currency, same scam, just easier to do with paper than metal.

I am with CO. Warm and Fuzzy.  This was a reputable dealer. Hollow out a bar and fill it, and then reseal it?  I doubt it. A very professional organization did it? Hell yeah- I would suspect that Pamp Suisse manufactured these. Perhaps even at Government request.  Now I wonder if I should drill into my 1oz bars. I guess they are too small to be worth faking? Of course at $1700/oz,  isn't that worth it?
Title: Re: Just commodities
Post by: Libertas on September 19, 2012, 11:24:13 AM

This makes me feel warm all over:

Tungsten-Filled 10 Oz Gold Bar Found In The Middle Of Manhattan's Jewelry District (http://www.zerohedge.com/news/tungsten-filled-10-oz-gold-bar-found-middle-manhattans-jewelry-district)


Yeah, these stories crop up from time to time, it is only the poor economic times we are in (and times when PMs are rising) that they get more attention.  I am having a hard time believing this scam was not perpetrated at the source, but the full chain of custody has to be thoroughly investigated to know for sure.

Anyway, not like this is any different than what the Fed/Treas is doing with currency, same scam, just easier to do with paper than metal.

I am with CO. Warm and Fuzzy.  This was a reputable dealer. Hollow out a bar and fill it, and then reseal it?  I doubt it. A very professional organization did it? Hell yeah- I would suspect that Pamp Suisse manufactured these. Perhaps even at Government request.  Now I wonder if I should drill into my 1oz bars. I guess they are too small to be worth faking? Of course at $1700/oz,  isn't that worth it?


The smaller bars/coins are probably more difficult to do and I think these guys doing this are into grabbing more volume up front.  Really good theives tend to think bigger first and work down, only a small time hood thinks small from the get-go.  Does make you wonder about what is good and who can be trusted.  And from that standpoint big gubmint conspiracies make more sense...as only an insider could really see a need to back up their bogus paper with something more than ink.
Title: Re: Just commodities
Post by: charlesoakwood on September 19, 2012, 11:50:55 PM


"Money" - Liza Minnelli, Joel Grey (http://www.youtube.com/watch?v=rkRIbUT6u7Q#ws)


Deutsche Bank: Gold Is Money (http://www.zerohedge.com/contributed/2012-09-19/deutsche-bank-gold-money)


Title: Re: Just commodities
Post by: Libertas on September 20, 2012, 06:55:30 AM
Things are looking golden...but not for fiat...
Title: Re: Just commodities
Post by: Weisshaupt on September 20, 2012, 10:25:03 PM
Ann Barnhardt on the Tungsten filled "gold"

Quote
So not only is gold bullion "rehypothecated" many, many times over in ETFs and COMEX contracts, but the stuff that is being rehypothecated is actually $1.50 per ounce Tungsten. Right here in the good 'ol US of A.

In case you are curious, the work-around on this is simple. Don't buy bullion. Buy coins. Old coins. Minted back when men weren't all moral degenerates and governments could actually be trusted. Bullion is a pain in the keister anyway. Coins are practical, and far, far more difficult to debase than bullion.

Or just buy farmground.
Title: Re: Just commodities
Post by: charlesoakwood on September 20, 2012, 11:13:56 PM

"Or just by farmground" 
Yeah, the vid in this http://itsaboutliberty.com/index.php/topic,913.msg77362.html#msg77362 post addressed that.  I stepped on it with that tungsten post.

I'm not sure that buying old coins, that usually come with a
numismatic value, is a better buy than currently minted.
It appears that the mint is cranking out new Eagles as fast as it can.
No more Pandas or Mapleleaf's though.

Title: Re: Just commodities
Post by: Libertas on September 21, 2012, 07:48:15 AM

"Or just by farmground"  
Yeah, the vid in this http://itsaboutliberty.com/index.php/topic,913.msg77362.html#msg77362 post addressed that.  I stepped on it with that tungsten post.

I'm not sure that buying old coins, that usually come with a
numismatic value, is a better buy than currently minted.
It appears that the mint is cranking out new Eagles as fast as it can.
No more Pandas or Mapleleaf's though.



Got that right.

I think if you load up on silver bullion (1oz) that is still OK, I don't think the grifters have gone low-value/high-volume on their scams, and junk silver too.  I think those are the safer and more economical option right now.
Title: Re: Just commodities
Post by: ToddF on September 21, 2012, 08:47:17 AM
As long as you can get them near bullion value, from a reputable source, and slabbed by a major authenticator (PCGS, NGC, ANACS)

And never from a Chinese seller on Ebay!
Title: Re: Just commodities
Post by: Libertas on September 24, 2012, 07:41:46 AM
As long as you can get them near bullion value, from a reputable source, and slabbed by a major authenticator (PCGS, NGC, ANACS)

And never from a Chinese seller on Ebay!

Or a freaking Rooskie!

More debased gold -

http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-10-tungsten-filled-gold-bars-are-discovered-manhattan (http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-10-tungsten-filled-gold-bars-are-discovered-manhattan)

There are a number of things going on here that do not pass the smell test - discrepancies in the photos etc, and goingback to the original story an obvious question - wtf drills out their 10oz gold bar on a suspicion?

Anyway, no doubt the hawkers of these devices will experience an up-tick in sales -

http://www.goldcoinbalance.com/ (http://www.goldcoinbalance.com/)

But seriously, if this is a coordinated effort by one or more producers to cornhole customers, I find it difficult to beleive they've bothered to corrupt 1oz & lower bullion or coins?  They'd be shut down, jailed and never seen again.

I am by no means a conspiracy nut, but I am starting to sense this is more an effort to spread panic in the gold market in an effort to cap rising prices due to all the currency debasement and wonton other Neo-Keynesian efforts going on globally.  The question then becomes "Who stand to benefit?" and if the answer is the central banks then we should closely monitor gold supplies and who is getting what!
Title: Re: Just commodities
Post by: Weisshaupt on September 24, 2012, 09:26:15 AM

But seriously, if this is a coordinated effort by one or more producers to cornhole customers, I find it difficult to beleive they've bothered to corrupt 1oz & lower bullion or coins?  They'd be shut down, jailed and never seen again.


Not if the purpose was to shunt that gold to a central govt - the govt already allows short sale of gold and silver with no consequence. Why should they not allow those sellers to back up their contracts with counterfeit bars?  That way they get the added benefit of adding Fear, Uncertainty and doubt to the market ( lowering prices)  while allowing their stooges to keep prices low with shorts while fulfilling the contract that actually take delivery.  IN the meantime any real gold is provided to the host govt, probably at a premium over spot- a premium of course paid with tax payer money and borrowed fiat.

All complete conjecture, and I have no evidence. Merely pointing out that if a conspiracy does exist, it mostly likely includes the central banks. When a single Oounce of gold commands $1700-1800, yes, it is absolutely worth making coins with $2 of tungsten in them.
Title: Re: Just commodities
Post by: Libertas on September 24, 2012, 11:33:58 AM

But seriously, if this is a coordinated effort by one or more producers to cornhole customers, I find it difficult to believe they've bothered to corrupt 1oz & lower bullion or coins?  They'd be shut down, jailed and never seen again.


Not if the purpose was to shunt that gold to a central govt - the govt already allows short sale of gold and silver with no consequence. Why should they not allow those sellers to back up their contracts with counterfeit bars?  That way they get the added benefit of adding Fear, Uncertainty and doubt to the market ( lowering prices)  while allowing their stooges to keep prices low with shorts while fulfilling the contract that actually take delivery.  IN the meantime any real gold is provided to the host govt, probably at a premium over spot- a premium of course paid with tax payer money and borrowed fiat.

All complete conjecture, and I have no evidence. Merely pointing out that if a conspiracy does exist, it mostly likely includes the central banks. When a single Oounce of gold commands $1700-1800, yes, it is absolutely worth making coins with $2 of tungsten in them.

I guess I was looking at it from a purely retail and traditional business point of view.  If in fact the scenario is as you outline then the everybody has been cornholed and every government and every institution on the planet is in dire need of violent overthrow.  Two points argue against and grand conspiracy - 1) That many people cannot keep a secret that long (usually somebody blurts a drunken confession to a hooker, somebody has a severe attack of conscious, anonymous leak, etc) and perhaps more importantly 2) it is self-defeating to inject too much concern into holders...if everybody inspects their stuff and the debasement is that widespread...good luck trying to contain all the riots, the markets will implode, panics, runs...BITS!  (Not that I have a problem with that reaction...)
Title: Re: Just commodities
Post by: Weisshaupt on September 24, 2012, 12:01:01 PM
I guess I was looking at it from a purely retail and traditional business point of view.  If in fact the scenario is as you outline then the everybody has been cornholed and every government and every institution on the planet is in dire need of violent overthrow.  Two points argue against and grand conspiracy - 1) That many people cannot keep a secret that long (usually somebody blurts a drunken confession to a hooker, somebody has a severe attack of conscious, anonymous leak, etc) and perhaps more importantly 2) it is self-defeating to inject too much concern into holders...if everybody inspects their stuff and the debasement is that widespread...good luck trying to contain all the riots, the markets will implode, panics, runs...BITS!  (Not that I have a problem with that reaction...)

The largest bit of evidence is those gold bars. Those were not hollowed out by a 3rd party. They were manufactured that way. Someone could be buying legit PAMP Suisse bars, melting them down and then manufacturing and counterfeiting the stamp and SN on the bar,  but even if that were true, I would suspect the New York Dealers buy directly from PAMP and there is no middle man. If there is a middle man, it should be easy to detect the source, and clamp them down, and its in the best interest of all gold dealers to do so.  I will be very surprised if there is more than one middle man involved.  When you ship gold in large quantities, you do it through as few parties as possible for exactly this sort of situation.  I personally think these bars were manufactured by PAMP themselves. Maybe they were menat to go to Ft KNOX or some other govt treasury as a fake, and got mis-shipped.. or perhaps they were sold deliberately in their own form of paper shorts - call it tungsten shorting.

Some guy drilled into his gold bar - perhaps because he had run into a person of conscience or the hooker who took the confession. Or perhaps its a separate plan to discredit gold, but something in the way that the PAMP Suisse guy reacted in the interview makes me suspect otherwise. He seemed to have little concern that someone was counterfeiting his product, apparently with legit SNs, and seemed to have no plan to counter what should be considered a huge threat to the trust they have built with consumers.

Title: Re: Just commodities
Post by: Libertas on September 24, 2012, 12:06:38 PM
I guess the only questions remaining are what will they find out and will whatever it is that gets reported to us be real or bullsh*t?
Title: Re: Just commodities
Post by: charlesoakwood on October 02, 2012, 12:55:19 AM

Is it the Corzine  or the Obama effect?


PFG Forex and Phyzz Metals Accounts Raped 1
Posted by Ann Barnhardt - October 1, AD 2012 8:46 PM MST
Good grief, this is awful. But not surprising. And look who is doing the raping . . . JP Morgan with an assist by RBS.

Just to be clear, what this means is that people who had CASH FOREX (not FOREX futures, but people who were trading the actual currencies themselves) and people who were trading PHYSICAL precious metals (gold, silver, platinum and palladium) through PFG are having 100% of their accounts permanently confiscated. Imagine that. JP Morgan confiscating bullion. I'm shocked. Knock me over with a feather. The next thing you're going to tell me is that the Rule of Law no longer exists and that the Republic is dead - overthrown in a neo-Stalinist putsch. ...

Never a dull moment as waves from rising water erodes our foundations from the bottom and steals our money from the top.

Title: Re: Just commodities
Post by: Libertas on October 02, 2012, 07:11:32 AM
Wait...

I thought gold wasn't money...only fiat currency is money...?

These Neo-Keynesian's really need to come with a warning label, eh?

Hmmm...not giving me warm fuzzy feelings over what may come next...

I sense the time may be nigh to divest and run!
Title: Re: Just commodities
Post by: Predator Don on October 02, 2012, 07:57:38 AM
Wait...

I thought gold wasn't money...only fiat currency is money...?

These Neo-Keynesian's really need to come with a warning label, eh?

Hmmm...not giving me warm fuzzy feelings over what may come next...

I sense the time may be nigh to divest and run!


Still in the market...but I'm watching it closely.....gotta be ready to run.
Title: Re: Just commodities
Post by: charlesoakwood on October 03, 2012, 04:00:28 PM

Gold Over Bacon; Jay Taylor (http://www.kitco.com/KitcoNewsVideo/index.html?v=12-10-03jaytaylor_1)
That's racist~!   ::)

Danieala Cambone and Jay Taylor discuss gold paper v gold metal and
folks not yet realizing gold is money.  And, (re: mining cos) if you don't understand mining cos or don't have the time to do their homework;
a mutual fund.           [Vanguard]

Title: Re: Just commodities
Post by: Libertas on October 03, 2012, 06:24:56 PM
The "com" is missing from your link CO.

Gold futures -

http://www.finviz.com/futures_charts.ashx?t=GC&p=d1 (http://www.finviz.com/futures_charts.ashx?t=GC&p=d1)

Gold stocks, two big boys -

http://www.finviz.com/quote.ashx?t=FCX (http://www.finviz.com/quote.ashx?t=FCX)

http://www.finviz.com/quote.ashx?t=ABX (http://www.finviz.com/quote.ashx?t=ABX)

The two players he mentioned -

http://www.finviz.com/quote.ashx?t=EMXX (http://www.finviz.com/quote.ashx?t=EMXX)

http://www.finviz.com/quote.ashx?t=SAND (http://www.finviz.com/quote.ashx?t=SAND)

Sandstorm has been going stratospheric.

I am 100% into commodities driven investments - gold stocks, gold mutual funds (my whole 401k), gold & silver ETFs, and oil (XOM).  Plus my own physical holdings that were umm lost in a boating accident.
Title: Re: Just commodities
Post by: charlesoakwood on October 03, 2012, 07:20:38 PM

Thanks, it's fixed.

A small reprise: 
                          Gold Over Bacon; Jay Taylor (http://www.kitco.com/KitcoNewsVideo/index.html?v=12-10-03jaytaylor_1)
                     That's racist~!   ::)

Title: Re: Just commodities
Post by: charlesoakwood on October 03, 2012, 07:32:32 PM

I'm sucha fuddy duddy and I so belive that 79/80 chart
that I'm looking at this VGENX (https://personal.vanguard.com/us/funds/snapshot?FundId=0051&FundIntExt=INT) after "peak" exit.

Title: Re: Just commodities
Post by: Libertas on October 03, 2012, 07:40:54 PM
It's kinda dicey now, oil related stocks are near previous highs, last time I hung on too long and missed cashing out at the top, but I didn't mind cause I knew under the disasterous Obongo Regime it would climb back (plus XOM pays good dividends), this time though if Romney gets in we could see more intelligent energy policies and less ctrl-p out of the Fed so a return to the mid-range is likely in store, barring a blow up in the Middle East, so I will be bailing pretty soon.
Title: Re: Just commodities
Post by: charlesoakwood on December 02, 2012, 08:54:29 PM

LNG, too much fracking and not enough regulation?  Royal Dutch Shell has the answer (http://) almost two hundred miles offshore.

(http://www.memorieshop.com/Liquid-Natural-Gas/Prelude.jpg)


And here (http://www.zerohedge.com/news/2012-12-02/fling-aint-what-it-used-be).
Title: Re: Just commodities
Post by: Libertas on December 02, 2012, 09:53:23 PM
Heh, 25 years at sea is a long time!

But I like the aggressive innovation.  No doubt governments the world over are eager to come up with new and interesting ways to tax and regulate it into obsolescence...
Title: Re: Just commodities
Post by: charlesoakwood on December 03, 2012, 12:29:01 AM

RDS must have a wealth of archived history, as we proceed into this upside down world they may be one of the better equipped companies to deal with the new world order.  They may even help to put it in its place.

 
Title: Re: Just commodities
Post by: Libertas on December 03, 2012, 07:30:54 AM
Perhaps the best way to deal with the NWO types is to place them all on a vessel of this type and light a match.  Sacrifices have to be made.
Title: Re: Just commodities
Post by: Pandora on December 03, 2012, 07:32:16 AM
Yup.  And now we can add Bob Costas to the passenger list.
Title: Re: Just commodities
Post by: Libertas on December 04, 2012, 11:58:30 AM
And we can add Michael Wilbon to the list!

PS - OK, who really did have the boating accident?!

http://www.theblaze.com/stories/police-baffled-11-5m-in-gold-bars-burgled-in-bold-boat-heist/ (http://www.theblaze.com/stories/police-baffled-11-5m-in-gold-bars-burgled-in-bold-boat-heist/)

Nice haul.
Title: Re: Just commodities
Post by: charlesoakwood on December 18, 2012, 04:57:36 PM

Another Dutch island failure.  I like the boat.

***

No one knows how it's going to come down but we all know it will be dramatically different; ten percent in is a minimum.         

http://www.zerohedge.com/news/2012-12-18/guest-post-goons-versus-gold (http://www.zerohedge.com/news/2012-12-18/guest-post-goons-versus-gold)

[QB Asset Management] QB’s team goes on to calculate a ‘shadow gold price’ using the Bretton Woods monetary calculation for valuing the fixed exchange rate linking gold to the US dollar: Base Money divided by US official gold holdings… indicating a shadow gold price of over $10,000 today.

"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
                                                                         _ William Arthur Ward


Title: Re: Just commodities
Post by: Weisshaupt on December 18, 2012, 05:07:39 PM

"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
                                                                         _ William Arthur Ward


SO which are you now Charles?
Title: Re: Just commodities
Post by: charlesoakwood on December 18, 2012, 05:40:12 PM

I can't figure out the wind in order to correctly adjust my sails and I'm not an optimist therefor I must be a pessimist.  But that doesn't stop me from reassessing the winds and readjusting the lines.

Title: Re: Just commodities
Post by: Libertas on December 19, 2012, 07:26:41 AM

I can't figure out the wind in order to correctly adjust my sails and I'm not an optimist therefor I must be a pessimist.  But that doesn't stop me from reassessing the winds and readjusting the lines.



Sounds like a struggling realist!  Aye, there's a lot of those about!   ;)
Title: Re: Just commodities
Post by: Libertas on December 20, 2012, 07:15:59 AM
Usually the morning beatdown of gold happens around 8:30, but the recent and more significant beatings have been taking place earlier and now we know at least one culprit - MS and their liquidations!

http://www.zerohedge.com/news/2012-12-19/morgan-stanley-redeems-paulson-investments-explanation-recent-gold-liquidation (http://www.zerohedge.com/news/2012-12-19/morgan-stanley-redeems-paulson-investments-explanation-recent-gold-liquidation)

It's almost nice to see a real reason for the plunge instead of the usual faceless bots going about their manipulative lives on behalf of their HFT masters...
Title: Re: Just commodities
Post by: Libertas on December 20, 2012, 07:22:18 AM
Oh, and right about the time I get an itching to hoard some more silver, alongs comes a GoldCore report that silver will jump 29% in 2013.  It is beat down to 31.13 this Am so that prediction has it hitting just over $40, which seems a modest increase.  It seems it should be more, but given the manipulations PMs are subject to in both the commodity markets and ETFs, it is probably a reasonable expectation.  Besides, the pullback looks attractive for another round of purchasing, so Hi Ho Silver!

http://www.zerohedge.com/news/2012-12-20/silver-gain-29-2013-analysts-traders-and-investors (http://www.zerohedge.com/news/2012-12-20/silver-gain-29-2013-analysts-traders-and-investors)
Title: Re: Just commodities
Post by: charlesoakwood on January 10, 2013, 07:40:32 PM

Just when you think the market couldn't be more rigged:

   
Quote
  To "The Precious Metal Purchasing Act"  (http://www.zerohedge.com/news/2013-01-10/executive-order-6102-precious-metal-purchasing-act-santellis-take) From Executive Order 6102 - Santelli's Take

"First they want gun registration and now precious metal registration?"

Title: Re: Just commodities
Post by: Libertas on January 11, 2013, 07:33:37 AM
Fricken IL is the Mos Esiley of planet Earth!  Scum and villany run the place...fricken low-life gutter-trash demonrats!

 ::mooning::

 ::rockets::
Title: Re: Just commodities
Post by: Libertas on January 15, 2013, 07:18:13 AM
It has begun.

Bundesbank repatriating gold (http://www.zerohedge.com/news/2013-01-14/it-begins-bundesbank-commence-repatriating-gold-new-york-fed)

When one central bank feels the need to bring some of their physical holding home, one cannot escape the fact that a level of trust has diminished, I do not see it as an outright panic as they are hedging by leaving a substantial portion behind, but when the big boys get nervous about physical holdings we all ought to take notice that a fundamental shift in outlook has just ocurred.

 ;)

Acquire...boating accident...repeat.

Oh, and golding holdings in perspective (following the links to blow them up makes it easier to see) and derivatives in perspective...the world of reality vs the world of fantasy -

Gold vs Derivatives (http://www.zerohedge.com/news/2013-01-14/all-gold-world-definitive-infographic)
Title: Re: Just commodities
Post by: charlesoakwood on January 15, 2013, 01:51:24 PM

Heh, all the gold in the world doesn't stack up to Liberty's waist.
Title: Re: Just commodities
Post by: Libertas on January 15, 2013, 09:06:42 PM
Nothing hiding under the skirt either...I looked.   ;D
Title: Re: Just commodities
Post by: Libertas on January 17, 2013, 09:29:04 AM
I am somewhat surprised the panic hasn't set off yet...cannot repatriate some of the gold...for seven years?...Gosh, why oh why could that be?

http://www.zerohedge.com/news/2013-01-16/it-will-take-fed-seven-years-deliver-300-tons-german-gold (http://www.zerohedge.com/news/2013-01-16/it-will-take-fed-seven-years-deliver-300-tons-german-gold)

PTBs must be working OT pooh-poohing any foolish concerns in the ability of the geniuses running our Central Banks and the government lackies they sold their souls to...

Oh, and gold's 8:30am buying window closed already...in case you missed it...

What a world!
Title: Re: Just commodities
Post by: ToddF on January 17, 2013, 10:08:03 AM
We're essentially freezing the assets of our biggest ally?

That will go over well.  Meanwhile...  ::popcorn::
Title: Re: Just commodities
Post by: charlesoakwood on January 17, 2013, 10:11:26 AM

So, Dr. Bund says we have seven more good years.
Title: Re: Just commodities
Post by: Weisshaupt on January 17, 2013, 10:31:23 AM

So, Dr. Bund says we have seven more good years.


Or Dr. Bund has decided to write off the loss. If they are using that gold to suppress gold prices, and thereby sustain the dollar, they may simply not have access to it, and have to buy it from the market .. and China is also buying from the market - and taking possession. Its entirely possible the paper gold isn't backed by anything anymore and the physical market is getting very tight.
Title: Re: Just commodities
Post by: Libertas on January 17, 2013, 11:16:41 AM

So, Dr. Bund says we have seven more good years.


Or Dr. Bund has decided to write off the loss. If they are using that gold to suppress gold prices, and thereby sustain the dollar, they may simply not have access to it, and have to buy it from the market .. and China is also buying from the market - and taking possession. Its entirely possible the paper gold isn't backed by anything anymore and the physical market is getting very tight.

How many times have those holdings been leveraged?  It's like overbooking flights x's 1,000,000,000,000,000,000!
Title: Re: Just commodities
Post by: Libertas on January 18, 2013, 06:50:57 AM
Heh, these are kinda sexy, know what I mean?

http://silverbulletbullion.com/ (http://silverbulletbullion.com/)

 ;D
Title: Re: Just commodities
Post by: charlesoakwood on January 18, 2013, 11:09:46 AM

Valentine's day, birthday, Independence day, Veteran's day, Memorial day, Thanksgiving, Christmas. Hey, any day.
Title: Re: Just commodities
Post by: benb61 on January 18, 2013, 12:50:04 PM
Heh, these are kinda sexy, know what I mean?

http://silverbulletbullion.com/ (http://silverbulletbullion.com/)

 ;D

Those rock, I want!
Title: Re: Just commodities
Post by: Libertas on January 19, 2013, 11:00:23 AM
Heh, these are kinda sexy, know what I mean?

http://silverbulletbullion.com/ (http://silverbulletbullion.com/)

 ;D

Those rock, I want!

Fun collector items for the whole family and could make great barter items! 
Title: Re: Just commodities
Post by: benb61 on January 19, 2013, 11:01:09 PM
Heh, these are kinda sexy, know what I mean?

http://silverbulletbullion.com/ (http://silverbulletbullion.com/)

 ;D

Those rock, I want!

Fun collector items for the whole family and could make great barter items! 

And I've been thinking that bullets would be great trading fodder.
Title: Re: Just commodities
Post by: Libertas on January 25, 2013, 07:07:06 AM
Interesting info on Pt & Pd via ZeroHedge -

http://www.zerohedge.com/news/2013-01-24/visualizing-platinum-palladiums-place-world (http://www.zerohedge.com/news/2013-01-24/visualizing-platinum-palladiums-place-world)

And on that NE MN operation -

http://www.duluthmetals.com/s/Home.asp (http://www.duluthmetals.com/s/Home.asp)

Thing with investing though, Pd is more affordable than Pt (which is a bit higher than Au), but I like Pt better as an investment play than Pd.

http://www.kitco.com/market/ (http://www.kitco.com/market/)
Title: Re: Just commodities
Post by: charlesoakwood on January 29, 2013, 09:45:48 PM

http://www.zerohedge.com/news/2013-01-29/silver-eagle-sales-surge-all-time-record-january (http://www.zerohedge.com/news/2013-01-29/silver-eagle-sales-surge-all-time-record-january)

A massive 7.4 million Silver Eagles were purchased from the U.S. Mint in January,

 http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/01/20130129_silver.jpg (http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/01/20130129_silver.jpg)
Title: Re: Just commodities
Post by: Libertas on January 30, 2013, 08:51:55 AM
Hi Ho Silver, away!   ;D

Somebody had to say it!

Giddyup!
Title: Re: Just commodities
Post by: Libertas on February 20, 2013, 07:15:38 AM
I loaded up on more, now this AM the beatdown appears to have continued overnight, the buying window is still open!

http://finviz.com/futures_charts.ashx?t=METALS&p=m5 (http://finviz.com/futures_charts.ashx?t=METALS&p=m5)

http://www.apmex.com/ (http://www.apmex.com/)

PS-Don't forget to schedule those boating trips!   ;)
Title: Re: Just commodities
Post by: charlesoakwood on February 20, 2013, 09:38:23 PM

You're going to be in high cotton, brother.

More evidence of price fixing and analysis.
http://www.zerohedge.com/news/2013-02-20/strange-case-golds-regular-morning-mugging (http://www.zerohedge.com/news/2013-02-20/strange-case-golds-regular-morning-mugging)
Title: Re: Just commodities
Post by: Libertas on February 21, 2013, 07:42:11 AM

You're going to be in high cotton, brother.

More evidence of price fixing and analysis.
http://www.zerohedge.com/news/2013-02-20/strange-case-golds-regular-morning-mugging (http://www.zerohedge.com/news/2013-02-20/strange-case-golds-regular-morning-mugging)


Yeah, read that.  Had this one (http://www.zerohedge.com/news/2013-02-20/stocks-drop-most-2013-gold-crucified-death-cross) too.

I am buying left and right.  There could be another beatdown today, I am monitoring, ready to jump in with another order.

These clowns are just begging me to buy!
Title: Re: Just commodities
Post by: Libertas on February 22, 2013, 10:17:52 AM
Buying window is still open.

I gotta check my account and see if I have any fiat left. . .
Title: Re: Just commodities
Post by: Libertas on February 26, 2013, 07:03:31 AM
Lucky first cousin hits the inheritance jackpot - 145lbs of gold!

http://www.idahostatesman.com/2013/02/26/2467234/recluses-gold-fortune-to-be-auctioned.html (http://www.idahostatesman.com/2013/02/26/2467234/recluses-gold-fortune-to-be-auctioned.html)

"expected to net about $3 million"

 ::saywhat::

The nuismatic value on much of this should exceed the gold value (which by itself is a not inconsiderable $3,436,776 as of this morning), so the taxman, auction house and other leeches must be sucking a lot off!

Still, the substitute teacher is going to make hope, hopefully they aren't a dumbass and blow it all on foolish crap.

Just think of all the prepping you could do with $3 million!

 ::thinking::
Title: Re: Just commodities
Post by: Libertas on February 27, 2013, 07:35:46 AM
Followed a link from ZH to here, interesting breakdown of gold manipulation.  Still reviewing the math, but basically what it reinforces in me is "buy & stack"!

Follow link at conclusion to Part II.

http://sibileau.com/martin/2013/02/21/gold-manipulation-the-logical-outcome-of-mainstream-economics/ (http://sibileau.com/martin/2013/02/21/gold-manipulation-the-logical-outcome-of-mainstream-economics/)
Title: Re: Just commodities
Post by: charlesoakwood on March 02, 2013, 09:54:56 PM
This (http://www.zerohedge.com/news/2013-03-02/why-jpmorgans-gold-vault-largest-world-located-next-new-york-fed) post is an interesting read.  Here's a snippet:

That's right, ladies and gentlemen, as a result of our cursory examination, we have learned that the world's largest private, and commercial, gold vault, that belonging once upon a time to Chase Manhattan, and now to JPMorgan Chase, is located, right across the street, and at the same level underground, resting just on top of the Manhattan bedrock, as the vault belonging to the New York Federal Reserve, which according to folklore is the official location of the biggest collection of sovereign, public gold in the world.
Title: Re: Just commodities
Post by: Libertas on March 03, 2013, 10:18:14 AM
Mere coincidence.

 ::foilhathelicopter::
Title: Re: Just commodities
Post by: Libertas on March 08, 2013, 07:05:51 AM
Silver to jump 20% this year?

http://www.zerohedge.com/news/2013-03-08/silver-investment-demand-surges-30-silver-etf-holdings-robust (http://www.zerohedge.com/news/2013-03-08/silver-investment-demand-surges-30-silver-etf-holdings-robust)

Wouldn't take much to get that modest of a bump, long term it can only go way up.  Want to take advantage of the recent dip, but I got a lot on my plate, maybe I'll nibble a bit more.
Title: Re: Just commodities
Post by: charlesoakwood on March 08, 2013, 08:23:44 AM

With all the bubbles and the money printing
it's difficult to make a case that PM's and
probably some other commodities will not
appreciate along with inflation. With that in
mind silver at $28.81/oz is very attractive.
Title: Re: Just commodities
Post by: Libertas on March 08, 2013, 11:11:43 AM
It does look good.
Title: Re: Just commodities
Post by: charlesoakwood on March 10, 2013, 01:46:13 PM

Jimmy Rogers (http://www.zerohedge.com/news/2013-03-09/jim-rogers-were-wiping-out-savings-class-globally-terrible-consequence):

We were talking before about the risk-free or worry-free investment. Even gold: the Indian politicians are talking about coming down hard on gold, and India is the largest buyer of gold in the world. If Indian politicians do something -- whether it’s foolish or not is irrelevant -- if they do something, gold could go down a lot.
Title: Re: Just commodities
Post by: Libertas on March 10, 2013, 02:55:57 PM
Another buying opportunity brewing then.  Awesome.
Title: Re: Just commodities
Post by: charlesoakwood on March 10, 2013, 03:13:17 PM

I'm shopping land, again.  I either have a knack or have been lucky too many times.  Land is a double commodity in that you can let sit and appreciate or you can farm it and sell the crop as it appreciates.  Course, you can also rent it or just enjoy it personally as it appreciates.
Title: Re: Just commodities
Post by: Libertas on March 10, 2013, 03:17:37 PM
Thing with land though...if things go sideways hard enough, kinda big to defend, it's not like it's not visible.
Title: Re: Just commodities
Post by: charlesoakwood on March 10, 2013, 03:40:46 PM

They can't put it in sack and run off with it.
Title: Re: Just commodities
Post by: Libertas on March 10, 2013, 04:16:45 PM
True that.  And proper use of buffer space can be well utilized.
Title: Re: Just commodities
Post by: charlesoakwood on March 22, 2013, 12:09:53 AM

Link (http://www.texastribune.org/2013/03/21/perry-some-lawmakers-want-states-gold-back-texas/)

[blockquote]Bringing Texas' gold
[a billion here and billion there, pretty soon you're talking real money]
home has gained more traction this legislative session because of Perry’s vocal support for it. On conservative radio host Glenn Beck’s show on Tuesday, the governor said Texas was “in the process” — the legislative process, he later clarified — of “bringing gold that belongs to the state of Texas back into the state.” He argued that the state was at least as capable as the Federal Reserve of safeguarding Texas’ “physical gold.” Is this some kind of subtextual treat?

“If we own it,” Perry said, “I will suggest to you that that’s not someone else’s determination whether we can take possession of it back or not.” [/blockquote]

There he go gettin' snippy again. Brahk ain't gonna' like it.
Title: Re: Just commodities
Post by: Libertas on March 22, 2013, 06:38:39 AM
Screw Brahk, the guardians at Fed/Treas gonna have some 'splainin' to do!

 ::whoohoo::   ::popcorn::
Title: Re: Just commodities
Post by: Libertas on March 27, 2013, 07:48:04 AM
Hmmm....

This will be interesting - Russia & South Africa to create OPEC-like Platinum trading bloc.

http://www.zerohedge.com/news/2013-03-27/russia-and-south-africa-create-opec-%E2%80%98platinum-cartel%E2%80%99 (http://www.zerohedge.com/news/2013-03-27/russia-and-south-africa-create-opec-%E2%80%98platinum-cartel%E2%80%99)

What could go wrong?
Title: Re: Just commodities
Post by: charlesoakwood on March 27, 2013, 10:08:08 AM

Seventy percent is mined in Africa.  Forty percent goes to catalytic converters, hmmm. Just say bye, EPA.


Here is a little historical reference along with two articles about those gold miners.

                        GDX                  HUI         AU

08/15/2011       61.26            521.89          1765.00   

08/29/2011       64.91             618.03         1794.90

09/05/2011       65.80            628.34          1907.60   

09/08/2011                                                1862.40

http://www.ibtimes.com/will-we-see-consolidation-gold-mining-industry-1108529 (http://www.ibtimes.com/will-we-see-consolidation-gold-mining-industry-1108529)

http://www.bloomberg.com/news/2013-03-20/gold-giants-shrink-to-fit-as-paulson-pushes-breakup-commodities.html (http://www.bloomberg.com/news/2013-03-20/gold-giants-shrink-to-fit-as-paulson-pushes-breakup-commodities.html)
[blockquote] ...
The first phase should begin soon ...
The second phase won’t begin until well after we see gold stocks (i.e GDX,,,HUI) break to new all-time highs and confirm the breakout.
...latter phase (perhaps 2015-2016), ...[/blockquote]

If it was only this easy.

Title: Re: Just commodities
Post by: Libertas on March 27, 2013, 11:28:32 AM
The PTBs will continue the beatings until moral improves.
Title: Re: Just commodities
Post by: Libertas on March 28, 2013, 07:16:27 AM
More "do as they do not as they say" proof -

http://www.zerohedge.com/news/2013-03-27/santelli-end-paper-golds-reign (http://www.zerohedge.com/news/2013-03-27/santelli-end-paper-golds-reign)

Those charts say it all!
Title: Re: Just commodities
Post by: charlesoakwood on April 04, 2013, 09:46:00 AM

Well, Rick was right about that; however, my expectation was that it would increase the price of the metal.

(Kitco News) - (http://www.kitco.com/reports/KitcoNews20130404JW_am.html)Gold prices... hit a 10-month low overnight.

The gold market continues to feel the pressure from the exodus of investors from exchange trade funds (ETFs). Reports overnight said the first quarter of 2013 showed a significant outflow of investor monies from gold-related ETFs. However, there are also reports that demand for physical gold has picked up this week as bargain hunters step in to buy amid the big drop in gold prices.

Queasy peasy.
Title: Re: Just commodities
Post by: Libertas on April 04, 2013, 11:27:45 AM
Don't look a gift horse in the mouth, just load up!  This is one of the signs that a kabuki is nearing an end, if enough leave the risky paper for the real deal, it means less manipulation of the markets by the traders, well, maybe not less per se but certainly makes their job less invisible.

This is a good thing.
Title: Re: Just commodities
Post by: Libertas on April 10, 2013, 07:44:32 AM
Man, PMs are a good buy right now, especially silver.

On the exploitation front, business as usual...

http://www.zerohedge.com/news/2013-04-10/goldman-buying-gold-selling-treasurys-muppets-whom-it-advises-do-opposite (http://www.zerohedge.com/news/2013-04-10/goldman-buying-gold-selling-treasurys-muppets-whom-it-advises-do-opposite)

Hmmm...    ::thinking::

Paper or PMs?  Decisions, decisions!

 ::saywhat::
Title: Re: Just commodities
Post by: Weisshaupt on April 12, 2013, 11:35:10 AM
Man, PMs are a good buy right now, especially silver.

On the exploitation front, business as usual...

http://www.zerohedge.com/news/2013-04-10/goldman-buying-gold-selling-treasurys-muppets-whom-it-advises-do-opposite (http://www.zerohedge.com/news/2013-04-10/goldman-buying-gold-selling-treasurys-muppets-whom-it-advises-do-opposite)

Hmmm...    ::thinking::

Paper or PMs?  Decisions, decisions!

 ::saywhat::

Oh My.. Junk Silver is trading with a Premium of $3.80/oz (http://www.apmex.com/Category/17/90_Silver_Generic_Bags.aspx) at APMEX.  Last time I did the cacluation was months ago - it was "high" - almost $0.90

Gold isn't too bad - premium is only up about $5 over what I paid last time ( before the boating accident) 

Title: Re: Just commodities
Post by: Libertas on April 12, 2013, 01:04:17 PM
Wow, that is up, especially when you see the pullback in market price.  Silver is still a solid value right now.  Once the paper chase ends the PTBs will find it a bit more problematic to manipulate markets.  Then again they can revisit the FDR plan and confiscate everything.  Boats still have a purpose.
Title: Re: Just commodities
Post by: charlesoakwood on April 14, 2013, 03:51:24 PM

Today's Low Gold & Silver Prices Are Not Realistic (http://www.zerohedge.com/news/2013-04-14/mike-maloney-todays-low-gold-silver-prices-are-not-realistic)

Snippet:
Gold has been chopping sideways for 19 months now, and it has worn people out. But basically gold is up. It is not up from 19 months ago when it was nearing $2,000, but it sure is up over the last decade. So I do not let the short-term noise affect me now that I know that we have not reached the point where the price of gold equals the points on the Dow. Right now gold’s value is one-ninth of the Dow, and so I know that it needs to rise by a factor of 18 against stocks before I need to get worried and start watching gold.
Title: Re: Just commodities
Post by: charlesoakwood on April 14, 2013, 09:59:58 PM

... everything is red (http://www.zerohedge.com/news/2013-04-14/gold-asian-liquidation-mode) - JGBs down, Japanese stocks down, US Stocks down, US Treasuries down, Gold and Silver down, Copper down, Oil down, Rubber futures limit down
Title: Re: Just commodities
Post by: Libertas on April 15, 2013, 07:22:52 AM
Why CO, you little mind reader, I just gangered these articles.

Another one popped up later - Gold rout most oversold in 14 years (http://www.zerohedge.com/news/2013-04-15/all-eyes-gold-rout-most-oversold-14-years)

"End result, whether due to a re-collapsing global economy, margin calls, fears forced Cyprus gold selling will be imposed on all other insolvent European countries, coordinated central bank slams, hedge fund positioning, long unwinds, liquidations, fears about future demand, or whatever the usual selling suspects are, is that gold tumbles an unprecedented 7.8% on 230,000 contracts in one day, and well over 10% in two days, pushing the yellow metal 14 day RSI band to 18, meaning it is now most oversold since 1999. In brief, it is an all out panic, with Goldman still telling clients to sell, i.e., buying every shiny ounce all the way down (not to mention India, where accordingto UBS Friday demand was double the average)."

The hard part is telling where the bottom is, the old joke being you'll know it when you hit it, but we are in the period where the last great buying opportunities might be in play, with the kabuki running out of steam and places to hide and just about every CB in the same boat bailing water into their neighbors lap...and the final battles of the currency wars has yet to commence.  Wait, anybody know if China is hoarding like the Ming Dynasty again?!  Their growth just hit the brakes...could be the global slowdown finally reaching the net exporters, so sad too bad, now they have a billion or so people to keep happy, that'll cut into their PM purchases, unless they want to Bernankie the Yuan to do it.  I'd bet on a double-play, Chi-Com's are as greedy as they are predictable.

Just checked APMEX, if you order at least 20 ounces you can get for 14.27% premium, might seem steep but at these prices you can stack more too.
Title: Re: Just commodities
Post by: Libertas on April 15, 2013, 07:54:19 AM
The MFM catching the gold action now -

http://abcnews.go.com/blogs/business/2013/04/gold-investors-exit-amid-price-collapse/ (http://abcnews.go.com/blogs/business/2013/04/gold-investors-exit-amid-price-collapse/)

Snort meter alert activated! 

"The reasons for the plunge are linked to the recent rise in the stock market, the slow, steady improvement of the US economy and the recent strength of the dollar."

 ::hysterical::  Yeah, paper kicks ass!   ::laughonfloor::  Puppetmasters say "Dance, bitches!  Buy me up!"   ::rolllaughing::

http://www.cnbc.com/id/100640665 (http://www.cnbc.com/id/100640665)

"Panic"! 

One of the few who should panic is Cyprus, at these prices 75% of their gold will not suffice, the ECB will need it all now.

I love the smell of panic in the morning!
Title: Re: Just commodities
Post by: Weisshaupt on April 15, 2013, 10:06:24 AM

One of the few who should panic is Cyprus, at these prices 75% of their gold will not suffice, the ECB will need it all now.

I love the smell of panic in the morning!

Done on purpose - for that reason.
Title: Re: Just commodities
Post by: Libertas on April 16, 2013, 12:06:26 PM
APMEX is running low on silver!

I bought some more, now scheduling my boat trip.

https://www.apmex.com/Category/520/Silver_Rounds_Secondary_Market__New.aspx (https://www.apmex.com/Category/520/Silver_Rounds_Secondary_Market__New.aspx)
Title: Re: Just commodities
Post by: Weisshaupt on April 16, 2013, 12:13:23 PM
Apmex Junk silver is now commanding a premium of $6.50/oz.
Other premiums seem to be a little higher than normal, but not ridiculously so.  In 2008 the premium was $0.17.

My only theory as to WHY this is happening is that old US dimes, Nickels and Quarters are in short supply. No one is minting more of them , and there is clearly more demand for them than there ever has been.  The other premiums aren't advancing as quickly because they can be made "new" from current gold and silver production. Old US currency is  easily recognizable as silver and unlikely to be  counterfeits- making it ideal prepping bullion.
Title: Re: Just commodities
Post by: benb61 on April 16, 2013, 12:51:45 PM
Libertas, CO  & Weisshaupt,
I've never purchased silver or gold and am wanting to get into it, could you guys give a PM for Dummies quick overview of the terminology and some hints on what to do and especially what not to do?
Title: Re: Just commodities
Post by: charlesoakwood on April 16, 2013, 01:17:32 PM

I'll defer to the pro's.  I like US (first) or other national coins.  There's a local dealer who sells at 6 to 8 %, so when I have an extra buck and it's (silver) low as it is now I pay him a visit.    

Edited
Title: Re: Just commodities
Post by: Weisshaupt on April 16, 2013, 01:48:50 PM
Hi Ben,  

Not sure what you are after? Is your goal prepping or "investing" (I put "investing" in quotes because gold is a shiny rock. Its not going to appreciate a lot in value on its own. There is always more coming out of the ground, so people who make money in gold are "speculating" - the rise in Gold price over the last 10 years has more to do with Fiat Management and inflation than it does with the value of the shiny rock.  If you think  Gold may someday be "money" - in that its commonly taken directly in trade as currency, then it has potential to gain "buying power" , otherwise, it much more like sticking money in a mattress, as a hedge against hard times, than it is a growth vehicle.  Many people have done historical ratio comparisons with Oil or other  commodities to decide if its under or over valued at a given moment- the implicit assumption being that a set amount of gold should be able to buy a particular set of goods regardless of what year it is or what fiat prices are attached to them.) Investors take advantage of periodic changes in market conditions to make money. Buy and Hold is not a good strategy if you are looking for real gains. Of course in a mark where treasury bonds are sold at negative real interest holding on to what you put in, is a gain. Gold should track inflation fairly well.

Silver is similar but more prone to market variation. 90% of silver demand is industrial - so even in a collapse, you may see prices fall as businesses are no longer buying it for use in their products. Gold has almost no commercial demand, and is therefore the better inflation-tracker.

There are many different forms of PM "investing" - Mining Stocks, ETF, Certificate accounts ( bank holds your gold physically for you), "stacking" (in possession holding) etc.

The paper market is certain suspect if not outright corrupt.  Many allegations are floating around about naked shorts by large players to manipulate the prices.  (in other words, its not much different than the HFT controlled stock market at this point) - "paper" gold has significant counter-party risk, and really just isn't a good idea at this point ( I don't think)  - Take physical delivery  and then loose it in a boating accident.

 There are also counterfeit bullion products out there- so you need to make sure you buy from a reputable dealer (though last year we found out that won't always protect you-  its entirely possible at this point that fakes being MANUFACTURED by respected mints)  - and probably prefer many items in small quantity by different manufacturers instead of say one large gold brick - thus minimizing the risk that all of your stuff will turn out to be fake.  There are chemical and electrical tests that can be done on bullion to determine is authenticity  - but they test surfaces- you have to file into or cut a bar to be sure. Then you get to reforge it because no one will buy it back in that condition.  Also many bars come in ASSAY packs - blister packs with a certificate - stating the history of the bar. Again, it helps, but its not a guarantee- especially if the manufacturer is corrupt ( or someone has gotten good at counterfeiting their certs and security) .  

The SPOT PRICE , loosely applied, is the going rate for a commodity. However, you will find the actual price varies by the form of the instrument, and the specific product you are after.

Numismatic Bullion has a "collector value"  - something about its shape, history, origin gives it values above its physical content or melt value. Rare coins, bars from a certain historical mine or mint, etc will have Numismatic value and vendors will charge a premium over and above the spot for them.  "Junk" Bullion  has no Numismatic collector value - but you will still  usually be asked to pay a premium over spot - Numismatic coins will vary more in value and have a greater potential upside. . . providing there is the right buyer willing to pay for that particular coin or ingot.

Junk bullion is usually preferred by the prepper.  Old US coins before 1964 are made of coin silver - 90%  pure. They are easily identifiable and come in small values that will be appropriate for trading  for things like eggs and bread. They have no Numismatic value - they are so many of them no one collects them as "rare"

Junk Gold is really jewelry.  In Argentina pure gold bars were sold for "junk gold" prices there being no really adequate way to determine they were pure. As such, a 10-18K gold chain may be a better investment for a prepper. Individual links can also be removed and sold individually allowing smaller purchases to be made.

I personally have used APMEX.com for my purchases which I then lost while fishing. . APMEX is  NOT the cheapest.  They are, however, in most circumstances, reliable. At least I have had no complaints, nor have I really ever heard of any.


 

Title: Re: Just commodities
Post by: Weisshaupt on April 16, 2013, 02:01:05 PM
About that paper manipulation  (http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/16_Massive_Paper_Gold_Selling_Eclipses_Annual_Mine_Production%21.html)

Quote
Gold bullion prices have been subjected to a cleverly orchestrated bear raid in our opinion. Selling of paper Comex contracts on Friday, April 12th, and Monday, April 15th, totaled 1 million contracts, exceeding global annual gold production by 12%.  The attack succeeded when the technical support in the low $1500’s/oz. easily gave way and led to waves of forced selling.  The volume is without precedent and has all the characteristics of a panic liquidation driven by naked short selling....

Emphasis mine.

This price drop may be the result of a loss of faith in the "gold-backed" paper. Apmex is now  running low - and this happened int 2008 too - prices were so low that no one with Physical was selling. At some point the physical market will decouple completely from the paper market.

And why did it happen in 2008? Because this is how Banks (like the ones in Cyprus) have to fund major shortfalls.
A better explanation  here (http://www.alhambrapartners.com/2013/04/15/we-have-seen-gold-prices-act-like-this-before/)

 
Title: Re: Just commodities
Post by: charlesoakwood on April 16, 2013, 02:26:40 PM

This: "There are many different forms of PM "investing" - Mining Stocks, ETF, Certificate accounts ( bank holds your gold physically for you), "stacking" (in possession holding) etc." , in Weisshaupt's post brought mutual funds such a Vanguard to mind.  There are PM funds that are a mix of PMs and Miners. They are usually less expensive to purchase and offer a balance of safety that buying just Miners or PMs do not.
Title: Re: Just commodities
Post by: Libertas on April 16, 2013, 06:43:46 PM
I obviously favor physical (damn boating accidents!) because you have it, no piece of paper or digital certificate of ownership to monkey with.  APMEX has been very reliable for me, I see the premium as a tolerable price to pay for direct ownership.  Gold is a better long term store of value and as Weisshaupt explained a much better hedge for inflation and debasement of fiat.  I favor silver (and used to won more of it, damn boat!) because I see it as a more reasonable medium of trade in a post-fiat economy.  Both offer long term value.  The beat down of late is similar in other instances - shorting, a lot of margin calls on the fall for those who are leveraged.  These shakeouts occur routinely, the long term prognosis for PMs for me has always been there and I take these dips as buying opportunities.  When you go to an online or in-store seller the other terms you run into other than spot (market) is bid and ask, what people want to pay for and what people want to sell at.  I compare purchase price to spot to see what the current premium is.  I also favor bullion (usually rounds, there are bars and other interesting forms that can command a higher collector premium) over Eagles and government issues as I see private minters being less likely to experience an FDR-like nab, probably all fictitious on my part but it (would have been, damn boat!) my excuse to tell the government attempting such lawlessness to KMA!  I forget the mining outfit but somebody recently suffered some sort of accident, mine collapse, will put a crimp on supply.  Demand by stackers seems strong so demand could push prices up again, odds are they'll float around this lower level before any run-up starts again.  More kabuki economic shocks could help jump-start that too.
Title: Re: Just commodities
Post by: benb61 on April 16, 2013, 07:56:01 PM
Thanks for all the info, keep it coming. I'm thinking for me it is more prepping than investing.

The engineer in me has another question.  At the APMEX link earlier they advertise rounds of 1 oz. .999 Fine Silver, the description says 39mm diameter X 3.2mm thick.  So I created a CAD model of this round applied silver as the material and that size and material weighs 1.289 Troy ounces (1.414 standard oz.).  Seems like something is amiss.  Anyone?
Title: Re: Just commodities
Post by: charlesoakwood on April 16, 2013, 08:32:08 PM

It's not uncommon for a coin to be an alloy.  It will weigh more than an oz but contain an oz of silver.  Krugerand gold is that way, it weighs more than US or Maple Leaf.
Title: Re: Just commodities
Post by: benb61 on April 16, 2013, 08:51:15 PM
then how do they claim .999 pure silver?  Is that a percentage or a mass?
Title: Re: Just commodities
Post by: Weisshaupt on April 16, 2013, 09:13:46 PM
Thanks for all the info, keep it coming. I'm thinking for me it is more prepping than investing.

The engineer in me has another question.  At the APMEX link earlier they advertise rounds of 1 oz. .999 Fine Silver, the description says 39mm diameter X 3.2mm thick.  So I created a CAD model of this round applied silver as the material and that size and material weighs 1.289 Troy ounces (1.414 standard oz.).  Seems like something is amiss.  Anyone?

It should be by mass, and while CO is right, many Coins are coin silver - something stamped .999 pure should be exactly  that by mass. - and weigh pretty close to  10.49 gm/ cubic centimeter. . So My only guess is that the dimensions given aren't really that accurate   The design  may add/remove some volume as well making such measurements general and not specific.. . It should weigh one troy oz when you receive it because that what was struck in the first place if the mint was any good.

Title: Re: Just commodities
Post by: Libertas on April 17, 2013, 06:41:57 AM
Thanks for all the info, keep it coming. I'm thinking for me it is more prepping than investing.

The engineer in me has another question.  At the APMEX link earlier they advertise rounds of 1 oz. .999 Fine Silver, the description says 39mm diameter X 3.2mm thick.  So I created a CAD model of this round applied silver as the material and that size and material weighs 1.289 Troy ounces (1.414 standard oz.).  Seems like something is amiss.  Anyone?

It should be by mass, and while CO is right, many Coins are coin silver - something stamped .999 pure should be exactly  that by mass. - and weigh pretty close to  10.49 gm/ cubic centimeter. . So My only guess is that the dimensions given aren't really that accurate   The design  may add/remove some volume as well making such measurements general and not specific.. . It should weigh one troy oz when you receive it because that what was struck in the first place if the mint was any good.



They are rounds but they still have designs, the dimensions must not be taking into consideration the recess for images/engravings, most have raised edges like coins.  Even the bars can have that characterstic.
Title: Re: Just commodities
Post by: Libertas on April 17, 2013, 06:59:46 AM
Many taking advantage of the chaos -

http://www.zerohedge.com/news/2013-04-16/indias-response-gold-sell-buying-frenzy (http://www.zerohedge.com/news/2013-04-16/indias-response-gold-sell-buying-frenzy)

Seems to continue the demand theme -

http://www.gold.org/investment/statistics/demand_and_supply_statistics/ (http://www.gold.org/investment/statistics/demand_and_supply_statistics/)

ETA - Global frenzy! (I just love that term!)

http://www.zerohedge.com/news/2013-04-17/gold-buying-frenzy-continues-china-japan-and-australia-scramble-physical (http://www.zerohedge.com/news/2013-04-17/gold-buying-frenzy-continues-china-japan-and-australia-scramble-physical)

It's like those birds in that cartoon..."Mine! Mine! Mine!"! 
Title: Re: Just commodities
Post by: Libertas on April 21, 2013, 12:45:50 PM
More on the physical feeding frenzy -

http://www.zerohedge.com/news/2013-04-20/10-signs-paper-gold-crash-unleashed-unprecedented-demand-physical-gold-and-silver (http://www.zerohedge.com/news/2013-04-20/10-signs-paper-gold-crash-unleashed-unprecedented-demand-physical-gold-and-silver)

I have a boating trip scheduled for tomorrow.   ;)
Title: Re: Just commodities
Post by: charlesoakwood on April 21, 2013, 01:09:14 PM
Looks like I've been on your coattails all day.

Where is the gold 

Where is the gold
You said you'd give to me
Soon as you were free
Will it ever be
Where is the gold?

You told me that you didn't love it,
And you were gonna say goodbye
But if you really didn't mean it,
Why did you have to lie?

Where is the gold ,
You said was mine all mine, till the end of time
Was it just a lie
Where is the gold

If you had had a sudden change of heart
I wish that you would tell me so
Don't leave me hangin on the promises
You've got to let me know

Where is the gold

Oh how I wish I never met you
I guess it must have been my fate
To fall in love with someone else's gold
All I can do is wait
(that's all I can do)
Yeah yeah yeah

Where is the gold
Where is the gold (http://www.zerohedge.com/news/2013-04-21/secret-world-gold)

Title: Re: Just commodities
Post by: charlesoakwood on April 22, 2013, 12:55:39 PM

Last week (http://www.zerohedge.com/news/2013-04-22/arizona-set-use-gold-silver-currency), Arizona lawmakers passed a bill that makes precious metals legal tender. Arizona is the second state after Utah to allow gold coins created by the U.S. Mint and private mints to be used as currency. More than a dozen states have legislature underway to pass similar measures.
Title: Re: Just commodities
Post by: Libertas on April 22, 2013, 06:00:05 PM
...and silver, don't forget that.   ::thumbsup::

MOAR!   ::whoohoo::
Title: Re: Just commodities
Post by: Libertas on April 24, 2013, 08:30:57 PM
All that glitters...is being gobbled up!

http://www.zerohedge.com/news/2013-04-24/us-mint-gold-sales-surge-highest-2009 (http://www.zerohedge.com/news/2013-04-24/us-mint-gold-sales-surge-highest-2009)
Title: Re: Just commodities
Post by: charlesoakwood on April 24, 2013, 10:10:22 PM

The ETF/physical is playing close to your vision.

                                time   bid     ask
SILVER 04/24/2013 17:15 23.16 23.26

Think I'm going to pay a visit to the G&S shop tomorrow.
Title: Re: Just commodities
Post by: Libertas on April 25, 2013, 06:45:15 AM
Sounds like a good plan, let us know what availabilty and markup are like. 
Title: Re: Just commodities
Post by: Weisshaupt on April 25, 2013, 02:37:59 PM
JPMC empties bank vault of Gold (http://www.zerohedge.com/news/2013-04-24/just-what-going-gold-jpmorgans-vault)

No seriously. Did they take it down? Were they forced to in order to cover other things? If so, wouldn't they be smart enough to sell it a little at a time to get the most gain? Or did they just not have time to? Or did they just move it to a new location knowing that the vault will soon be empty?
Title: Re: Just commodities
Post by: Libertas on April 25, 2013, 04:43:59 PM
Second to last option could be in play, I heard from more than one source that central banks are hoarding up.
Title: Re: Just commodities
Post by: Libertas on April 26, 2013, 01:49:39 PM
Damn, this is good!

Total Net gold deliveries Feb 1 to April 25:

Vision Financial – 1 contract
R J O’Brien – 2
ADM Investor Services INC – 2
Marex – 5
Citigroup Global Markets – 10
ABN AMRO – 110
JP Morgan – 19,660

http://www.zerohedge.com/news/2013-04-26/jpmorgan-accounts-993-comex-gold-sales-last-three-months (http://www.zerohedge.com/news/2013-04-26/jpmorgan-accounts-993-comex-gold-sales-last-three-months)

Do as I do, not as I say!  Dance monkeys, dance! 

The lecture on GLD is gold, gold Jerry, gold!   ;D
Title: Re: Just commodities
Post by: charlesoakwood on May 19, 2013, 06:25:03 PM

Commodities Now
(http://www.commodities-now.com/news/14514-hkmex-voluntarily-surrenders-automated-trading-services.html)

The Hong Kong Mercantile Exchange (HKMEx) announces today it has decided to voluntarily surrender the authorisation to provide automated trading services (“ATS”) granted by the Securities and Futures Commission (“the SFC”). With immediate effect, no new orders may be placed and all open positions will be financially settled at the settlement price determined by HKMEx and its designated clearinghouse.

More of that tangible vs intangible.

Title: Re: Just commodities
Post by: Libertas on May 19, 2013, 07:11:25 PM
It's all about control...makes it easier to manipulate the game.
Title: Re: Just commodities
Post by: Libertas on May 30, 2013, 07:24:34 AM
Many of the comments are spot on...some short, some long...in many ways better than the article, although the article does give a halfway decent breakdown of various types of players...but bottom line - the PTBs are doing all they can to manipulate markets and prop up currencies...and they are not shy about hoarding up on barbarous relic after the trees and bushes are vigorously shaken.

http://www.zerohedge.com/news/2013-05-29/understanding-gold-market-dynamics (http://www.zerohedge.com/news/2013-05-29/understanding-gold-market-dynamics)
Title: Re: Just commodities
Post by: Libertas on May 31, 2013, 07:20:12 AM
Stairway to Hell....nice...but aparently quite true in this case.

http://www.zerohedge.com/news/2013-05-30/things-make-you-go-hhmm-our-current-bizarro-world (http://www.zerohedge.com/news/2013-05-30/things-make-you-go-hhmm-our-current-bizarro-world)
Title: Re: Just commodities
Post by: charlesoakwood on June 16, 2013, 03:59:37 PM

http://www.kitco.com/reports/KitcoNews20130614DeC_metalsOutlook.html
Federal Open Market Committee is meeting this Tuesday and Wednesday.

http://www.investopedia.com/terms/f/fomc.asp ...Definition of 'Federal Open Market Committee - FOMC'

The branch of the Federal Reserve Board that determines the direction of monetary policy. The FOMC is composed of the board of governors, which has seven members, and five reserve bank presidents. The president of the Federal Reserve Bank of New York serves continuously, while the presidents of the other reserve banks rotate their service of one-year terms.
...
The FOMC meets eight times per year to set key interest rates, such as the discount rate, and to decide whether to increase or decrease the money supply, which the Fed does by buying and selling government securities. For example, to tighten the money supply, or decrease the amount of money available in the banking system, the Fed sells government securities. The meetings of the committee, which are secret, are the subject of much speculation on Wall Street, as analysts try to guess whether the Fed will tighten or loosen the money supply, thereby causing interest rates to rise or fall.



http://en.wikipedia.org/wiki/Federal_Open_Market_Committee ...Membership

The Federal Open Market Committee was formed by the Banking Act of 1933 (codified at 12 U.S.C. § 263), and did not include voting rights for the Board of Governors. The Banking Act of 1935 revised these protocols to include the Board of Governors and to closely resemble the present-day FOMC, and was amended in 1942 to give the current structure of twelve voting members:[3] the seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank presidents.

The Federal Reserve Bank of New York president always sits on the Committee, and the other presidents serve one-year terms on a rotating basis. The rotating seats are filled from the following four groups of banks, one bank president from each group: Boston, Philadelphia, and Richmond; Cleveland and Chicago; Atlanta, St. Louis, and Dallas; and Minneapolis, Kansas City, and San Francisco.

All of the Reserve Bank presidents, even those who are not currently voting members of the FOMC, attend Committee meetings, participate in discussions, and contribute to the Committee's assessment of the economy and policy options. The Committee meets eight times a year, approximately once every six weeks.

I like the part about it being a New Deal, Collectivist ram job on capitalism, on our free Republic.


Title: Re: Just commodities
Post by: Libertas on June 16, 2013, 07:36:52 PM
1933 was a suck year.  So was 1913 IIRC.  Been a passel of 'em since.   ::outrage::
Title: Re: Just commodities
Post by: charlesoakwood on July 05, 2013, 01:19:26 PM

Hey, hey, hey, today is not a bad day if anyone is interested.
I'm shootin' fer Tuesday.

Ag
Real-time:    14:14:10 ET         Change:    -0.93(-4.72%)    
Bid:    18.79    High:   19.51
Ask:    18.89    Low:    18.63
Title: Re: Just commodities
Post by: charlesoakwood on July 06, 2013, 02:22:24 PM

Forward > (http://itsaboutliberty.com/index.php/topic,913.msg102073.html#msg102073)
Title: Re: Just commodities
Post by: charlesoakwood on July 06, 2013, 02:24:29 PM

Hey, hey, hey, today is not a bad day if anyone is interested.
I'm shootin' fer Tuesday.

Ag
Real-time:    14:14:10 ET         Change:    -0.93(-4.72%)    
Bid:    18.79    High:   19.51
Ask:    18.89    Low:    18.63

http://www.zerohedge.com/node/476089 (http://www.zerohedge.com/node/476089)
Margin Calls Coming On US Too-Big-To-Fail Banks
&
http://www.zerohedge.com/news/2013-07-05/low-place-gold (http://www.zerohedge.com/news/2013-07-05/low-place-gold)

I'm still thinking Tuesday.

Goodbye, Ruby Tuesday
Who could hang a name on you?
When you change with every new day
Still I'm gonna miss you


Title: Re: Just commodities
Post by: Libertas on July 07, 2013, 07:12:20 PM
Yup...another monkeyhammer opportunity...problem is finding physical inventory, but I might try this week...but I am hearing some long delivery times...and I want physical not paper...the real deal makes a better boating accident...
Title: Re: Just commodities
Post by: Predator Don on July 07, 2013, 07:26:09 PM
 I'm taking advantage of all the free money pumped into the market. I've made a few bucks this last few months. I bank with Regions and bought their stock when it was 4 bucks. Around 10 today. Did the same with Bank of America. When the rich dude ( his name escapes me) bought a bunch, I figured it isn't going down. Reminds me I need to go set my stop loss.
Title: Re: Just commodities
Post by: Libertas on July 07, 2013, 08:00:40 PM
I'm taking advantage of all the free money pumped into the market. I've made a few bucks this last few months. I bank with Regions and bought their stock when it was 4 bucks. Around 10 today. Did the same with Bank of America. When the rich dude ( his name escapes me) bought a bunch, I figured it isn't going down. Reminds me I need to go set my stop loss.

Yes, in these (cough!) "markets", protecting ones backside is mandatory!   ::thumbsup::
Title: Re: Just commodities
Post by: Libertas on July 17, 2013, 07:21:40 AM
The comments are probably as enlightening than the article...I think the central banks have been leasing their gold out for decades to the bullion banks and now find themselves in the rather precarious position of needing to reclaim that which they are supposed to own before the shortfall is exposed. (http://www.zerohedge.com/news/2013-07-16/things-make-you-go-hmmm-gold)

The degree to which the underlying structure of the physical gold market has changed over the last few months has yet to make itself apparent; but the first time we get an "event" that makes it necessary for people who don't have gold to buy some, and for people who do own it to have more, we will see how things have changed.

The gold price has been falling heavily for several months, but when the need to own gold jumps again - and it will; this is a long way from over - all the pieces of this jigsaw puzzle of the weird and wonderful forest of gold manipulation that we have dropped onto the table will slot neatly into place.

What if, when that happens, there just isn't enough gold to go around?

Checkmate!
Title: Re: Just commodities
Post by: Libertas on July 22, 2013, 07:45:08 AM
Demand finally starting to assert itself?

http://www.pmbull.com/gold-price/ (http://www.pmbull.com/gold-price/)

Liftoff?

ETA - Pulling back a bit now...Ben's mokeyfisters at work no doubt!

Another ETA - Demand in India expected to rise in anticipation of festival season, the recent slide/beat-down might be over.

Yet another ETA - ZH usually posts this fella alot, don't recall this one being posted, has some interesting things to say:  http://beforeitsnews.com/financial-markets/2013/07/golds-lower-price-is-a-ruse-eric-sprott-2574496.html (http://beforeitsnews.com/financial-markets/2013/07/golds-lower-price-is-a-ruse-eric-sprott-2574496.html)

Bottom line - buy, it may not get monkeyhammered down lower again....
Title: Re: Just commodities
Post by: Libertas on July 29, 2013, 01:39:01 PM
I like articles like this that start out with historical stuff...

http://www.zerohedge.com/node/476960 (http://www.zerohedge.com/node/476960)

...so, the Coinage Act of 1792 got me to thinking...and it got me to figuring...

...if I converted grams/ounce and grains to grams right and such then according to my math it is highly likely that gold has been manipulated from then to now to the tune of...well...a lot!

The Founders thought a ration of gold to silver of 15:1 was proper.  Just using their face values the ratio established was actually 10:1.  Where did the other 5:1 go you might ask...well, I'm guessing they anticipated a growth in value and therefor a strengthening of the dollar for the new Republic.  Perhaps rosy assumptions in government numbers goes back further than we think, eh?  Anyway...updating the Founders coinage weights to current value a $10 Eagle with 16 grams of 99.9% pure gold should have a current value of about $683.99.  One (silver) Dollar (99.9% pure, 24.1 grams) should be worth about $15.41.  Value per denomination (dollars) should be $68.40 to $15.41...current value wise a ratio of just 4.44:1.  Since this exercise holds silver price to be "true", all things being equal (and most likely) gold has been manipulated in value far below what it should be at...pump it up to the Founders effective ratio of 10:1 and gold should be closer to $2997/ounce...use the statutory 15:1 ratio and it should be closer $4495/ounce. 

I look at todays ratio in per ounce prices and gold is trading at about 66-67 times silver.  Historically since the 70's is about 60.  Some think gold realistically should be closer to about $2500/ounce...using the 60:1 ratio then silver should be about $41.67/ounce.

While all this calculatin' is fun...bottom line: the PTB's have gamed the values of all precious metals...when the fiat kabuki ends people will want something tangible in their hands...not wads of notes that have suddenly become no more useful than pretty buttwipe or handy fire-starter!

 ;)
Title: Re: Just commodities
Post by: Libertas on August 14, 2013, 12:26:57 PM
Hilarious. 

http://www.zerohedge.com/news/2013-08-14/why-gold-spiking (http://www.zerohedge.com/news/2013-08-14/why-gold-spiking)

Follow that?

Yeah, that's the point.  Germany is still waiting on delivery from 33 Liberty Plaza...get in line suckers!
Title: Re: Just commodities
Post by: Weisshaupt on August 14, 2013, 03:19:14 PM

I look at todays ratio in per ounce prices and gold is trading at about 66-67 times silver.  Historically since the 70's is about 60.  Some think gold realistically should be closer to about $2500/ounce...using the 60:1 ratio then silver should be about $41.67/ounce.


While this may be redundant, I feel compelled to reiterate:

This is NOT a "money making" opportunity.  Just as the historical ratio between gold and silver is there because of their long term value, they will retain largely  the same value in the new world - I would expect to buy the same amount of oil for them for instance that historical ratio predicts. - unless they actually start to be used as Money ( people routinely take gold and silver in exchange because they believe others will accept it just as freely in the future)  Otherwise, expect you Gold and silver to buy what they would have bought in a "healthy economy"- back when prices were much lower ( both the price of the bullion and the price of everything else)  If they are used as money demand for them will go up and that will create more "value"  for the metals, not because the shiny rocks are more valuable, but because they now have money value.


Title: Re: Just commodities
Post by: Libertas on August 15, 2013, 07:23:08 AM

I look at todays ratio in per ounce prices and gold is trading at about 66-67 times silver.  Historically since the 70's is about 60.  Some think gold realistically should be closer to about $2500/ounce...using the 60:1 ratio then silver should be about $41.67/ounce.


While this may be redundant, I feel compelled to reiterate:

This is NOT a "money making" opportunity.  Just as the historical ratio between gold and silver is there because of their long term value, they will retain largely  the same value in the new world - I would expect to buy the same amount of oil for them for instance that historical ratio predicts. - unless they actually start to be used as Money ( people routinely take gold and silver in exchange because they believe others will accept it just as freely in the future)  Otherwise, expect you Gold and silver to buy what they would have bought in a "healthy economy"- back when prices were much lower ( both the price of the bullion and the price of everything else)  If they are used as money demand for them will go up and that will create more "value"  for the metals, not because the shiny rocks are more valuable, but because they now have money value.

Agreed.  Not in PMs for the money making, in PMs for the real value it will always command.  The numbers exercise was merely a half-hearted effort to see where the PTBs are manipulating to fiat peg.  PMs value will be determined by the value of the other goods it will be exchanging with, and that could vary from location to location, item to item, day to day as supply and demand naturally dictate.  We will be at a more pure form of capitalism and free trade.

Hmm, regarding the latter, stumbled across  this (http://itsaboutliberty.com/index.php?topic=8716.new#new) which provides an excellent example of what to do and not do.  We will all need to keep this in mind in the post-SHTF world we are set to enter very soon.
Title: Re: Just commodities
Post by: Weisshaupt on August 15, 2013, 07:45:50 AM

Agreed.  Not in PMs for the money making, in PMs for the real value it will always command.

Yeah, I figured you got it.. It was more for anyone who might come along and not understand your reasoning,   because gold bugs usually pitch that same stats  and then  claim  "Golds going to $2000, $5000 or beyond"   - and most likely it is.  But unless you are paying off dollar denominated debt,  that isn't going to be of any help, as hamburger, bread, milk and gas are headed to $100, $500 and beyond as well.  Its really terrifying how many gold bugs don't pick up on that.
 
Title: Re: Just commodities
Post by: Libertas on August 15, 2013, 07:51:29 AM

Agreed.  Not in PMs for the money making, in PMs for the real value it will always command.

Yeah, I figured you got it.. It was more for anyone who might come along and not understand your reasoning,   because gold bugs usually pitch that same stats  and then  claim  "Golds going to $2000, $5000 or beyond"   - and most likely it is.  But unless you are paying off dollar denominated debt,  that isn't going to be of any help, as hamburger, bread, milk and gas are headed to $100, $500 and beyond as well.  Its really terrifying how many gold bugs don't pick up on that.

Yup, the main culprit is fiat and the support structures propping it up.  Once those supports start to weaken and collapse...Katy bar the door!  There will be a whipsaw effect in the early going for valuables like food, fuel and medicine...and unfortunately until the die-back phase runs its course there won't be much equilibrium or stability in Barterland.
Title: Re: Just commodities
Post by: Weisshaupt on August 15, 2013, 08:29:28 AM
There will be a whipsaw effect in the early going for valuables like food, fuel and medicine...and unfortunately until the die-back phase runs its course there won't be much equilibrium or stability in Barterland.

And your gold and silver may not be worth much in "barterland", where Ammo, food and Toiletries  command much higher values than shiny rocks.  Though I bet there will be a lot of people willing to take shiny rocks for such supplies as they prepare for phase II after the die back, when they are likely to become money.

Is it bad the term "die-back" brings a smile to my face? I have such a callous disregard for the locusts, but then, I learned it from them didn't I?

 
Title: Re: Just commodities
Post by: Weisshaupt on August 15, 2013, 09:43:15 AM
More Dollars coming home to roost.  (http://www.zerohedge.com/news/2013-08-15/ticsaster-foreigners-sell-more-us-securities-after-lehman-bankruptcy) - Bonds are rising (http://www.zerohedge.com/news/2013-08-15/10y-yield-jumps-new-2-year-high) and of course the Fed has to roll over 40% of the debt  in the next two years.   Gold market is getting tighter too (http://www.zerohedge.com/news/2013-08-14/physical-gold-supply-tightness), but the premiums have been pretty consistent over the last few months .. and I don't see a lot of stuff out of stock at AMPEX ..

Things are moving. There is no way the Fed can taper.. even  giving a date the taper will start might crash the markets at this point.  I bet anything the Fed announces that they won't.. and then happy days are here again.. till it all goes, and I am afraid that date is getting much much closer.

I have learned not to underestimate TPTB in their ability to extend and pretend this charade. As one commenter from the first article suggests, "Get to the Choppa!!" to most Americans means sit and watch the commercial for the next TV recording device called "The Choppa!" - so financial panic overseas may not translate (immediately) into panic here.  All the same, some of the purchases I have been delaying will probably get executed here in the near term .
Title: Re: Just commodities
Post by: Libertas on August 15, 2013, 11:15:25 AM
There will be a whipsaw effect in the early going for valuables like food, fuel and medicine...and unfortunately until the die-back phase runs its course there won't be much equilibrium or stability in Barterland.

And your gold and silver may not be worth much in "barterland", where Ammo, food and Toiletries  command much higher values than shiny rocks.  Though I bet there will be a lot of people willing to take shiny rocks for such supplies as they prepare for phase II after the die back, when they are likely to become money.

Is it bad the term "die-back" brings a smile to my face? I have such a callous disregard for the locusts, but then, I learned it from them didn't I?

Agreed, diversified physical inventory is going to be essential.  And no, it is not callous or bad to smile at their fate, they are laughing at all us chumps right now funding their FreeShyt! holiday, we'll be laughing last.

 ;)
Title: Re: Just commodities
Post by: Libertas on August 15, 2013, 11:22:47 AM
More Dollars coming home to roost.  (http://www.zerohedge.com/news/2013-08-15/ticsaster-foreigners-sell-more-us-securities-after-lehman-bankruptcy) - Bonds are rising (http://www.zerohedge.com/news/2013-08-15/10y-yield-jumps-new-2-year-high) and of course the Fed has to roll over 40% of the debt  in the next two years.   Gold market is getting tighter too (http://www.zerohedge.com/news/2013-08-14/physical-gold-supply-tightness), but the premiums have been pretty consistent over the last few months .. and I don't see a lot of stuff out of stock at AMPEX ..

Things are moving. There is no way the Fed can taper.. even  giving a date the taper will start might crash the markets at this point.  I bet anything the Fed announces that they won't.. and then happy days are here again.. till it all goes, and I am afraid that date is getting much much closer.

I have learned not to underestimate TPTB in their ability to extend and pretend this charade. As one commenter from the first article suggests, "Get to the Choppa!!" to most Americans means sit and watch the commercial for the next TV recording device called "The Choppa!" - so financial panic overseas may not translate (immediately) into panic here.  All the same, some of the purchases I have been delaying will probably get executed here in the near term .

Things are tightening and one day availability will be a real issue...it already is for Central Banks, nobody wants to be caught without once the music stops...and I haven't heard how much (very little I think) Germany got out of NY.  While there is retail availability I'll keep dipping in here and there.  But I need to acquire a few other things yet.  The Fed can't stop the priming, they keep squeezing one end of the balloon or another, the kabuki will end soon enough, but I got a sneakin' feelin' the PTBs got some scheming going on, they might pick on a weak sister or two to sacrifice in order to goad the frightened herd into the risk-off quality refuge of their choosing...might even generate a nation-building exercise somewhere to provide covering fog...more games before the bell tolls.
Title: Re: Just commodities
Post by: Libertas on August 19, 2013, 07:28:07 AM
Could this be the signal that the buying window for physical is about to shut for a very long time?

When supply can no longer meet demand...look out!

http://www.zerohedge.com/news/2013-08-18/jpmorgan-puzzled-record-gold-backwardation (http://www.zerohedge.com/news/2013-08-18/jpmorgan-puzzled-record-gold-backwardation)

Title: Re: Just commodities
Post by: Libertas on November 04, 2013, 07:37:49 AM
Leasing...leverage...whatever...

http://www.zerohedge.com/news/2013-11-03/guest-post-finlands-gold (http://www.zerohedge.com/news/2013-11-03/guest-post-finlands-gold)

If you don't have physical possession of something, know what you got?  Nothing!

The gaming cannot continue indefinitely...
Title: Re: Just commodities
Post by: Libertas on November 12, 2013, 07:50:31 AM
This is just more confirmation of manipulation...

http://www.zerohedge.com/news/2013-11-11/what-confidential-1974-memo-paul-volcker-reveals-about-americas-true-views-gold-rese (http://www.zerohedge.com/news/2013-11-11/what-confidential-1974-memo-paul-volcker-reveals-about-americas-true-views-gold-rese)

Tipping point?  Is the death of the dollar a matter of how soon?

 ::saywhat::

ETA - Maybe really soon!

Chi-Com's have another new gold vault...

http://www.zerohedge.com/news/2013-11-12/china-opens-largest-private-gold-vault-capacity-82-billion-worth-precious-metal (http://www.zerohedge.com/news/2013-11-12/china-opens-largest-private-gold-vault-capacity-82-billion-worth-precious-metal)

...with more physical flowing into China, the death of the dollar could be really close...and this Fed taper talk again is all just that, talk, those clowns will print us into destitution...and China will foreclose on America!
Title: Re: Just commodities
Post by: Libertas on November 20, 2013, 08:16:49 AM
The Masters of the Crazy Universe at it again...

http://www.zerohedge.com/news/2013-11-20/furious-gold-slamdown-leads-third-consecutive-20-second-gold-market-halt (http://www.zerohedge.com/news/2013-11-20/furious-gold-slamdown-leads-third-consecutive-20-second-gold-market-halt)

...the buying opportunites will cease once physical supply is no longer claimed...then that curtain will be closed until the final act...
Title: Re: Just commodities
Post by: Libertas on December 13, 2013, 06:57:43 AM
Recent beatdowns have made another physical buying opportunity if anybody has a notion to aquire...don't forget to schedule the boat trip too.

 ;)

Don't know how long the buying window will stay open...at some point the supply has to tighten and the scheming will be forced to end...

Seen warnings like this (http://www.zerohedge.com/news/2013-12-15/perfect-storm-coming-gold) before...just waiting for the when at this point, the if is no longer in doubt...

ETA 12/19 - Wow, down to 1202.20 & 19.28, that paltry $5B/Mo Fed taper gave reassurance to stawks and they took it out on PMs.  I gotta put a small order in at these prices!
Title: Re: Just commodities
Post by: Libertas on January 09, 2014, 07:15:53 AM
Interesting read.

http://www.zerohedge.com/news/2014-01-08/23-reasons-be-bullish-gold (http://www.zerohedge.com/news/2014-01-08/23-reasons-be-bullish-gold)

Seeing Darth Soros swim into the mining companies sure makes me nervous!
Title: Re: Just commodities
Post by: Libertas on January 20, 2014, 07:38:28 AM
Take away for me is...they probably got all they could scrounge up...

http://www.zerohedge.com/news/2014-01-19/germany-has-recovered-paltry-5-tons-gold-ny-fed-after-one-year (http://www.zerohedge.com/news/2014-01-19/germany-has-recovered-paltry-5-tons-gold-ny-fed-after-one-year)

Anybody still think Ft Knox or 33 Liberty Street or anywhere else in the US of A has big stacks of gold in it?  If so, I got a bridge in Brooklyn I can let ya have real cheap!
Title: Re: Just commodities
Post by: Libertas on January 27, 2014, 11:55:13 AM
http://www.zerohedge.com/news/2014-01-27/scrambling-gold-mints-around-world-plead-we-can%E2%80%99t-meet-demand (http://www.zerohedge.com/news/2014-01-27/scrambling-gold-mints-around-world-plead-we-can%E2%80%99t-meet-demand)

This is one crazy assed world we live in!

Neo-Keynesian masters of the universe use every crooked means to beat PMs down, make it attractive for people to load up at cheap prices, all to prop up the illusion that stocks and bonds and the dollar are such swell investments...and then minters go apenuts trying to keep up with demand so that demand doesn't cause peices to shoot up...

I can't wait to see what happens when there is nothing left to buy!

Kinda puts that Darth Soros mining stock play into perspective, now doesn't it?

Let's all buy whatever we can, and see if we can hasten the day, OK?!
Title: Re: Just commodities
Post by: Weisshaupt on January 27, 2014, 01:05:36 PM
http://www.zerohedge.com/news/2014-01-27/scrambling-gold-mints-around-world-plead-we-can%E2%80%99t-meet-demand (http://www.zerohedge.com/news/2014-01-27/scrambling-gold-mints-around-world-plead-we-can%E2%80%99t-meet-demand)

This is one crazy assed world we live in!

Neo-Keynesian masters of the universe use every crooked means to beat PMs down, make it attractive for people to load up at cheap prices, all to prop up the illusion that stocks and bonds and the dollar are such swell investments...and then minters go apenuts trying to keep up with demand so that demand doesn't cause peices to shoot up...

I can't wait to see what happens when there is nothing left to buy!


I have been thinking about that.. I think TPTB have too much of a vested interest in Comex to let it fail. They need it to suppress gold prices, right? Paper gold is basically a fractional reserve system.. they are  offering  more contracts than can be settled by physical and then buying the vast majority themselves ( if they haven't rigged it to buy it all)  so only need to supply physical on a small amount..

So if demand  for Real Physical gold goes up, and exceeds what Comex delivers, what will they do?  I suspect they will dlo what they have always done in that circumstance-- -- settle for fiat.  So here is the theory and I welcome thoughts  on it:

TPTB step in with a Bailout..  and pay a premium over the physical prices being demanded.  So if a Physical item + premium = $1500  they offer to settle the contract with no physical delivery for $1600 or something.  So prices will rise, but they won't rise as much.  Its kick the can.  Nothing solves the problem, but TPTB seem intent on squeezing as much time out of the system as possible.  So they essentially start buying off gold investors ( they already are if you think about it , by keeping prices artificially low)  by bribing them to take a cash settlement.   The elevated prices will also allow more mining, so the actual physical supply will start going up again as well.  The big hedge fund and big bank  cronies, just start investing in the Gold market paper to get their extra hundred bucks, just like they do now  in Stocks. This will result in a pile on of large investors and a bubble of some sort.  Prices for Gold will necessarily rise, but not as much as they would in a Comex  crash/panic , and TPTB retain the ability to influence and affect the price by continuing their stupid fake paper  deals.  They essentially drown out those demanding Physical gold with a bunch of sheep and day traders just wanting the guaranteed $100 (or whatever premium is actually required to entice them)  It just becomes another way to get into the Fed's money tree on the first ( newly printed ) branch.  The lie becomes obvious because more gold is being traded on a daily basis than ever before,  and physical is just as impossible to get.. but it doesn't matter because the majority are in it for the paper payout.


Thoughts? Is this realistic?
Title: Re: Just commodities
Post by: Libertas on January 27, 2014, 02:55:53 PM
The kickers are fiat and real demand, they keep destroying fiat and appeasing demand.  At some point if the demand for physical outstrips available supply and paper fails to satisfy those demanding physical then they have no choice but to go insane with fiat or let PM prices go insane...either way I want them pushed to the wall.
Title: Re: Just commodities
Post by: Libertas on January 31, 2014, 07:32:22 AM
(http://www.visualcapitalist.com/wp-content/uploads/2014/01/which-gold-miners-hold-most-supply.jpg)

http://www.zerohedge.com/news/2014-01-30/infographic-which-gold-miners-hold-most-supply-and-who-must-replenish-through-ma (http://www.zerohedge.com/news/2014-01-30/infographic-which-gold-miners-hold-most-supply-and-who-must-replenish-through-ma)

Burns my ass...Pebble, just like Keystone for oil, is a commodity purposely restricted by government goons.  EPA!  They need to be eliminated!

But at some point the fools will have to yield, or see demand send gold prices skyrocketing, then their whole paper ponzi schemes go up in smoke.  I'd like to see Fedcoats overrule their little EPA bitch and open mining sites...talk about a hilarious and desperate moment!

And as far as the mining companies go I don't think all is bad news.  There are still some values out the and if prices ever become more unmanipulated their values will shoot up, and there will be some consolidation opportunities so if they are smart and do not overleverage, more values are there.

I guess with Darth Soros jumping into miners it is to be seen if it is a pump & dump or long term play.
Title: Re: Just commodities
Post by: Libertas on May 02, 2014, 07:19:34 AM
Silver manipulation visually captured again.

http://www.zerohedge.com/news/2014-05-01/even-cme-getting-tired-silver-manipulation (http://www.zerohedge.com/news/2014-05-01/even-cme-getting-tired-silver-manipulation)

All you can do is say "OK, I'll buy some more physical" and go do it.

When they run out of inventory, guess what? 

Yeah, that'll be an unforgettable day.
Title: Re: Just commodities
Post by: Weisshaupt on May 02, 2014, 08:50:58 AM
Silver manipulation visually captured again.

http://www.zerohedge.com/news/2014-05-01/even-cme-getting-tired-silver-manipulation (http://www.zerohedge.com/news/2014-05-01/even-cme-getting-tired-silver-manipulation)

All you can do is say "OK, I'll buy some more physical" and go do it.

When they run out of inventory, guess what? 

Yeah, that'll be an unforgettable day.

Premiums on Junk Silver are over $2 again..
Title: Re: Just commodities
Post by: Libertas on May 02, 2014, 11:43:47 AM
Silver manipulation visually captured again.

http://www.zerohedge.com/news/2014-05-01/even-cme-getting-tired-silver-manipulation (http://www.zerohedge.com/news/2014-05-01/even-cme-getting-tired-silver-manipulation)

All you can do is say "OK, I'll buy some more physical" and go do it.

When they run out of inventory, guess what? 

Yeah, that'll be an unforgettable day.

Premiums on Junk Silver are over $2 again..

Figures.

Probably doesn't matter though, probably still vastly undervalued, so it won't be junk for long...most people have no idea how much junk they're really surrounded by right now!

Poor dumb bastards!
Title: Re: Just commodities
Post by: Weisshaupt on May 05, 2014, 01:36:13 PM
Gold up over $1300 to a 30 day high this morning, silver relatively unchanged.. premium on Junk silver at APMEX is now $2.19...

Title: Re: Just commodities
Post by: Libertas on May 05, 2014, 02:33:28 PM
Buy buy buy, buy buy some more.

Buy buy buy, buy buy some more.

Everybody sing now!

Buy buy buy, buy buy some more.

 ::cool::
Title: Re: Just commodities
Post by: Libertas on May 06, 2014, 11:33:31 AM
For those who are curious...

To figure out what your "junk" silver is worth, you have to basically do math and figure out the weight of the coin (usually stated in grams and convert it to a Troy ounce equivalent) and multiply it times the silver content (stated as a percent), then you can multiply that times the per-ounce bid price to know what the value to buy (before premium) should be and what the ask price to know what the value is to sell (before discount).

Or I can just tell you...

War Nickels - 35% silver - silver content in ounces is 5.635% (actually 5.6352459 if you go out seven places, three should do though)

Pre-1964 Dimes - 90% silver - silver per ounce content is 7.223

Pre-1964 Quarters - 90% silver - 18.084

Bicentennial Quarters - 40% silver - 7.377

Pre-1964 Halves - 90% silver - 36.168

1965-1970 JFK Halves - 40% silver - 14.805

Pre-1935 Dollars - 90% silver - 77.357

1971-1976 Ike Dollars - 40% silver - 31.609

Or, as long as the internets are up you can go to places like this - http://www.silverrecyclers.com/Calculators/coin_calculator.aspx (http://www.silverrecyclers.com/Calculators/coin_calculator.aspx)

*But I recommend scribbling the above down somewhere for use in a TEOTWAWKI situation where the internets may no longer be available!
Title: Re: Just commodities
Post by: ToddF on May 07, 2014, 07:15:02 AM
I think you mean as in the dollar, 90% silver, .77357 ounces of silver, not a percent.
Title: Re: Just commodities
Post by: Weisshaupt on May 07, 2014, 08:01:58 AM
I think you mean as in the dollar, 90% silver, .77357 ounces of silver, not a percent.

Ah, thats it. I was looking and couldn't figure out how they were getting those numbers.
The other thing to be aware of is that  the dimes have a larger surface area and are expected to have lost more silver in circulation than the quarter, half dollar etc.
So a $500 bag if dimes is likely to have less overall silver in it than a $5000 of half dollars.

However, if Junk silver is forced into circulation again, I doubt most people will be weighing a dime and determining its silver content unless it is very, very worn ( as in, the stamping is almost gone)  -  a 90% silver  dime will be worth a 90% silver dime as long as others can reasonably expect is will be accepted as such at a later date. If on the other hand you take it into the  the smelter, yeah you bet he is going to weight it.

Title: Re: Just commodities
Post by: Libertas on May 07, 2014, 10:17:53 AM
I think you mean as in the dollar, 90% silver, .77357 ounces of silver, not a percent.

Yes, thanks...removed those pesky things so as to avoid confusion.

 ::hat-tip::
Title: Re: Just commodities
Post by: Libertas on May 07, 2014, 10:20:37 AM
I think you mean as in the dollar, 90% silver, .77357 ounces of silver, not a percent.

Ah, thats it. I was looking and couldn't figure out how they were getting those numbers.
The other thing to be aware of is that  the dimes have a larger surface area and are expected to have lost more silver in circulation than the quarter, half dollar etc.
So a $500 bag if dimes is likely to have less overall silver in it than a $5000 of half dollars.

However, if Junk silver is forced into circulation again, I doubt most people will be weighing a dime and determining its silver content unless it is very, very worn ( as in, the stamping is almost gone)  -  a 90% silver  dime will be worth a 90% silver dime as long as others can reasonably expect is will be accepted as such at a later date. If on the other hand you take it into the  the smelter, yeah you bet he is going to weight it.

As long as you know the percent silver content, the weight and the weight of silver in each "average" coin, you should not get cheated even if you get weighed by the smelter, just check his math and the calibration of his scales!

 ;)
Title: Re: Just commodities
Post by: Libertas on May 23, 2014, 08:33:41 AM
With Barclays being spanked (http://www.zerohedge.com/news/2014-05-23/barclays-fined-manipulating-price-gold-decade-sending-bursts-sell-orders) just who the Hell is doing the 8am monkey-hammering of gold now (http://www.zerohedge.com/news/2014-05-23/its-800-am-do-you-know-where-your-un-rigged-non-barclays-gold-slam)?

SSDD...

 ::outrage::
Title: Re: Just commodities
Post by: Libertas on May 27, 2014, 08:09:00 AM
Now Austria is asking for an accounting of their outside gold holdings (http://www.zerohedge.com/news/2014-05-26/first-germany-now-austria-demands-audit-its-offshore-held-gold), but they may have to wait until the PTBs are done with their usual 8am monkey-hammering of gold & silver (http://www.zerohedge.com/news/2014-05-27/its-8am-gold-smashing-time-0) first, before reading the Austrian requesting and shatting their pants...

I can just see a crony operative addressing another..."wtf are we going to do?  wtf do we tell them?"!

 ::hysterical::
Title: Re: Just commodities
Post by: Libertas on May 28, 2014, 11:51:29 AM
This could end up making the 8-24-1814 sacking and burning of Washington, DC by the British look tame by comparison...

http://www.zerohedge.com/news/2014-05-28/putin-says-russia-china-need-ensure-security-their-gold-reserves (http://www.zerohedge.com/news/2014-05-28/putin-says-russia-china-need-ensure-security-their-gold-reserves)

...if these two start hoarding physical stockpiles and successfully crash the dollar as world reserve currency...

...I think people a little closer to home might be sacking and burning DC...and it won't be over in one day!
Title: Re: Just commodities
Post by: Libertas on June 19, 2014, 02:00:55 PM
Hilarious, Effen Yellen says no change in rates and gold and silver go shooting up and the dollar takes it hard in the Obama!   ::hysterical::

http://www.zerohedge.com/news/2014-06-19/silver-surges-3-month-highs-china-ponzi-unwinds (http://www.zerohedge.com/news/2014-06-19/silver-surges-3-month-highs-china-ponzi-unwinds)

These two comments from the article nail it!

lordylord

"When I have to pay a $5 / OZ premium for physical then I will know the game has changed."

When people aren't taking dollars for silver, then the game has changed.


Dr. Engali

That's my point. If you don't own some before a disaster, it will be too late to get your hands on any after it happens. Because if and when disaster strikes, it will be fast and furious.

Same goes for silver and lead.  Gold might be barterable for big ticket stuff, but it will be silver that allows you to trade for necessities, and lead that will allow the transaction to be conducted fairly.

 ;)
Title: Re: Just commodities
Post by: Weisshaupt on June 19, 2014, 02:37:04 PM
Hilarious, Effen Yellen says no change in rates and gold and silver go shooting up and the dollar takes it hard in the Obama!   ::hysterical::

http://www.zerohedge.com/news/2014-06-19/silver-surges-3-month-highs-china-ponzi-unwinds (http://www.zerohedge.com/news/2014-06-19/silver-surges-3-month-highs-china-ponzi-unwinds)

These two comments from the article nail it!

lordylord

"When I have to pay a $5 / OZ premium for physical then I will know the game has changed."

When people aren't taking dollars for silver, then the game has changed.


Dr. Engali

That's my point. If you don't own some before a disaster, it will be too late to get your hands on any after it happens. Because if and when disaster strikes, it will be fast and furious.

Same goes for silver and lead.  Gold might be barterable for big ticket stuff, but it will be silver that allows you to trade for necessities, and lead that will allow the transaction to be conducted fairly.

 ;)

Iv'e always liked that Dr. Engali
Title: Re: Just commodities
Post by: Libertas on June 23, 2014, 07:16:47 AM
Hilarious, Effen Yellen says no change in rates and gold and silver go shooting up and the dollar takes it hard in the Obama!   ::hysterical::

http://www.zerohedge.com/news/2014-06-19/silver-surges-3-month-highs-china-ponzi-unwinds (http://www.zerohedge.com/news/2014-06-19/silver-surges-3-month-highs-china-ponzi-unwinds)

These two comments from the article nail it!

lordylord

"When I have to pay a $5 / OZ premium for physical then I will know the game has changed."

When people aren't taking dollars for silver, then the game has changed.


Dr. Engali

That's my point. If you don't own some before a disaster, it will be too late to get your hands on any after it happens. Because if and when disaster strikes, it will be fast and furious.

Same goes for silver and lead.  Gold might be barterable for big ticket stuff, but it will be silver that allows you to trade for necessities, and lead that will allow the transaction to be conducted fairly.

 ;)

Iv'e always liked that Dr. Engali

He is one of the sharper tools in that shed that's for sure.
Title: Re: Just commodities
Post by: Libertas on July 02, 2014, 07:54:06 AM
Jeez Louise!  You see the PM charts this morning?

The typical 8am monkey-hammering of gold & silver by the PTBs is a little too coordinated, their charts look damn near the same tick by tick!

These clowns are definitely not trying to hide their manipulation...

Title: Re: Just commodities
Post by: Libertas on July 15, 2014, 08:00:57 AM
I like charts, these are kinda neat...

(http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/07/20140713_oil150_0.jpg)

http://www.zerohedge.com/news/2014-07-14/150-years-real-oil-prices (http://www.zerohedge.com/news/2014-07-14/150-years-real-oil-prices)

And some more perspective on PMs & oil...

http://srsroccoreport.com/the-gold-oil-ratio-forecasts-a-much-higher-price-for-gold/the-gold-oil-ratio-forecasts-a-much-higher-price-for-gold/ (http://srsroccoreport.com/the-gold-oil-ratio-forecasts-a-much-higher-price-for-gold/the-gold-oil-ratio-forecasts-a-much-higher-price-for-gold/)

And look at the erratic EKG...

http://pricedingold.com/charts/Crude-1950.pdf (http://pricedingold.com/charts/Crude-1950.pdf)

...crap started going wonky about the time Nixon took us off the gold standard and handed the entire economy to the Fed!
Title: Re: Just commodities
Post by: Libertas on August 15, 2014, 07:34:54 AM
This article makes several good points and since silver has dipped below $20/oz again, that is usually my flag for looking at another puchase of some physical...as well as a boating trip...

http://www.zerohedge.com/news/2014-08-14/guest-post-top-7-reasons-buy-silver-now (http://www.zerohedge.com/news/2014-08-14/guest-post-top-7-reasons-buy-silver-now)

Markups currently range from 4-15% on 1oz rounds, depending upon the quantity and method of payment...

http://www.apmex.com/category/25020/silver-rounds/all (http://www.apmex.com/category/25020/silver-rounds/all)

I usually buy no less than 20 and those markups range from 9-12%.

I say it is still a good buy.
Title: Re: Just commodities
Post by: Libertas on August 28, 2014, 07:04:47 AM
This is interesting but I find it somewhat crass of ZH to post an article that is basically an online version of an infomercial...

http://www.zerohedge.com/news/2014-08-27/what-next-gold-confiscation-will-look (http://www.zerohedge.com/news/2014-08-27/what-next-gold-confiscation-will-look)

I like the idea of a Roth IRA gold position with physical protected in Switzerland...but...if the scat really hits the fan...how do I get it from there to here, or me from here to there...?

Not in the realm of the possible for most modest folks...what we have is bang sticks and the will to use them should anybody come asking for jack!!!
Title: Re: Just commodities
Post by: Weisshaupt on September 02, 2014, 08:27:31 AM
Nothing we we didn't already know, but the cnetral banks are trading in commodities. (http://www.barnhardt.biz/2014/08/30/big-fat-told-ya-so-central-banks-trading-manipulating-all-markets/)

Warning, the link goes to Barnhardt's site, because as usual her analysis is dead on  ( and she is more fun)  If it bugs you click here to go to zerohedge (http://www.zerohedge.com/news/2014-08-30/its-settled-central-banks-trade-sp500-futures)

Quote
Sooooo do you think that it is a tiny bit problematic for entities that PRINT MONEY to trade equity, currency and commodity markets?

Do you think it is problematic that an entity that can print theoretically infinite amounts of money IN ORDER TO MEET ITS MARGIN CALLS can trade massively leveraged markets?

Do you think it is problematic that entities that can stand theoretically infinite losses, who can print their way out of ANY position with effectively zero need to ever close out a position, and thus utterly destroy any connection whatsoever of the markets to REALITY, do you think that might just present a tiny bit of a market integrity issue?  Just a smidge??

I want someone to explain to me how honest cash-derivative basis convergence can possibly, possibly happen if one side of the market has an infinite supply of funds, and thus for whom the entire notion of “losses” becomes a complete irrelevancy.  Please.  I’m all ears.

I want to know how arbitrage can occur in that environment.

And perhaps THE ENTIRE POINT:

I WANT TO KNOW HOW ANY DERIVATIVE MARKET CAN POSSIBLY REMAIN SUBJECT TO ITS UNDERLYING CASH PRODUCT/COMMODITY IF THERE IS NO WAY TO FORCE PRICE CONVERGENCE BECAUSE ONE SIDE HAS AN INFINITE SUPPLY OF MONEY.

I WANT TO KNOW HOW THE CASH MARKETS ARE NOT THEN PERVERSELY DRIVEN AND THEIR PRICES “SET” BY THEIR DERIVATIVE MARKETS,  EVEN UNTO COMPLETE IRRATIONALITY AND UTTER DELINKAGE FROM REALITY, WHEN ENTITIES WHO CAN PRINT THEIR OWN MONEY ARE TRADING DERIVATIVES.

Food.  Energy.  Currencies.  Precious metals.  Interest rates.  Equities (stocks).

Now we know why these flash crashes happen.  Now we know how it is that super-massive orders and trades have wrought havoc on the markets – running stops and clearing everyone and everything on the other side out in quantities that surpassed the sizes of any possible private market participant.  Central banks.  You people are trying to trade against someone with an infinite supply of money.

 Which is why there is no longer something called an "investment"  - you can gamble in these markets, just like you do in Vegas,  but without real value being discovered by real buyers and real sellers,  who have to use real sweat and effort in trade,  you are just hoping your number comes up.  Material goods like gold, silver are not investments - they are shiny rocks. They are worth what shiny rocks are worth.  IN 2000 the yellow shiny rocks were "worth" around $300. Now they are worth $1300. In ten years they may be worth $1,000,000.  Only the Shiny rock is NOT gaining in value.  The Dollar is losing it.  You are not, therefore, "investing" - you are hedging.  You will end up holding about as much value as you originally put in.

The only real investments you can make now are in our own human capital and ability to produce - they are the only ones that might return more in value than what you put in.
 




Title: Re: Just commodities
Post by: Pandora on September 02, 2014, 09:06:06 AM
Quote
You are not, therefore, "investing" - you are hedging.

That's what I keep trying to tell people about shiny rocks, only I say it differently, "you're not 'making' money; you're storing some value.
Title: Re: Just commodities
Post by: Libertas on September 02, 2014, 11:41:59 AM
Which is why I mentioned in the "dollar" thread if we cannot get rid of the corruption, fraud and cronyism we are still marching toward the abyss....

But the fools (PTBs) think their games can last forever...at some point the currency destruction, the wealth destruction, the job destruction and trust destruction intersect and the whole thing implodes...
Title: Re: Just commodities
Post by: Libertas on September 09, 2014, 06:53:12 AM
I can hear Ann chuckling about this...

http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme (http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme)

...as always, rigging has never been legal, but idiots think the next wave of laws, rules and regs will be "the fix" when all they are is PR window-dressing BS that at best makes the life of the average person more difficult!

The PTBs will still conspire and collude and make their mischief...maybe a few more lower-level lackies get sacrificed, no biggie, all for the greater good of the cabal...

 ::mooning::

ETA - Re: Cabal, see last link here! (http://itsaboutliberty.com/index.php?topic=7154.msg134897#msg134897)
Title: Re: Just commodities
Post by: warpmine on September 09, 2014, 06:07:47 PM
I can hear Ann chuckling about this...

http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme (http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme)

...as always, rigging has never been legal, but idiots think the next wave of laws, rules and regs will be "the fix" when all they are is PR window-dressing BS that at best makes the life of the average person more difficult!

The PTBs will still conspire and collude and make their mischief...maybe a few more lower-level lackies get sacrificed, no biggie, all for the greater good of the cabal...

 ::mooning::

ETA - Re: Cabal, see last link here! (http://itsaboutliberty.com/index.php?topic=7154.msg134897#msg134897)
Since ethics is something people had in centuries past, no new set of laws for the exchanges will ever correct what's the market lacks, humanity, justice and humbleness. These asswipes are only looking to earn, steal really, money as fast as they can to accumulate vast wealth of "things" before their neighbors can only make them envious. Hard work use to be rewarded once upon a time opposed to what we do now is reward criminals that destroy other people's wealth.

 
Title: Re: Just commodities
Post by: Libertas on September 10, 2014, 07:18:45 AM
I can hear Ann chuckling about this...

http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme (http://www.zerohedge.com/news/2014-09-08/these-kinds-market-rigging-practices-will-no-longer-be-allowed-cme)

...as always, rigging has never been legal, but idiots think the next wave of laws, rules and regs will be "the fix" when all they are is PR window-dressing BS that at best makes the life of the average person more difficult!

The PTBs will still conspire and collude and make their mischief...maybe a few more lower-level lackies get sacrificed, no biggie, all for the greater good of the cabal...

 ::mooning::

ETA - Re: Cabal, see last link here! (http://itsaboutliberty.com/index.php?topic=7154.msg134897#msg134897)
Since ethics is something people had in centuries past, no new set of laws for the exchanges will ever correct what's the market lacks, humanity, justice and humbleness. These asswipes are only looking to earn, steal really, money as fast as they can to accumulate vast wealth of "things" before their neighbors can only make them envious. Hard work use to be rewarded once upon a time opposed to what we do now is reward criminals that destroy other people's wealth.

Step number 7 of this list that we are very deep into (http://itsaboutliberty.com/index.php?topic=12027.0)!
Title: Re: Just commodities
Post by: ToddF on September 10, 2014, 07:37:06 AM
http://live.wsj.com/video/zinc-shortage-causes-prices-to-soar-to-three-year-high/2DDCDEF9-EB8C-4083-BCBE-136FCA5E988C.html#!2DDCDEF9-EB8C-4083-BCBE-136FCA5E988C (http://live.wsj.com/video/zinc-shortage-causes-prices-to-soar-to-three-year-high/2DDCDEF9-EB8C-4083-BCBE-136FCA5E988C.html#!2DDCDEF9-EB8C-4083-BCBE-136FCA5E988C)

Let's keep making the worthless cent, because the stupid think they'll get ripped off if we as a society, start rounding to the nearest nickel.  Which is the same as rounding to the nearest cent in 1970.
Title: Re: Just commodities
Post by: Libertas on September 10, 2014, 07:48:08 AM
Yup, been watning that annoyance dumped for at least a decade and a half now!
Title: Re: Just commodities
Post by: Libertas on September 23, 2014, 11:43:57 AM
When the International Board of the Shanghai Gold Exchange (SGE) was launched last Thursday September 18 during an evening trading session, it was notable that the first transactions were put through by a diverse group comprising HSBC, MKS (Switzerland), and the Chinese banks,  ICBC, Bank of China and Bank of Communications.
 
MKS is the Geneva headquartered precious metals trading group that also owns the large PAMP refinery company in Switzerland.

http://www.zerohedge.com/news/2014-09-23/china-moves-dominate-gold-market-physical-exchange (http://www.zerohedge.com/news/2014-09-23/china-moves-dominate-gold-market-physical-exchange)

Normally I would be "Huh, interesting, let's wait and see" but PAMP caught my eye, they are not an insignificant player in the physical PM market, this might have more impact up front than I initially thought.

And I agree with the sentiment that this is more about the Chi-Com's positioning themselves as preeminent manipulator without peer...when (not if) the U.S. shyts itself, not because of any noble interest in advancing the condition of the common man.
Title: Re: Just commodities
Post by: Libertas on October 09, 2014, 12:31:00 PM
Even with the pullback in PM prices...not all retail margins are all that great...

http://www.apmex.com/ (http://www.apmex.com/)

Gold has decent value to premiums once you get to 1/4 oz or 10 grams & higher.

Silver should be better bargain now with bid/ask below $18, but the premiums are kinda stinky until you get to the 100 Oz size (for 1 round) or at the 1 Oz size for 100 or more.

Interesting that Palladium at 1 Oz has a very low premium at the per Oz level, but you'll have to shell out in cash (ck/wire) in the low $800 range.

Platinum has never really been affordable for most folks.
Title: Re: Just commodities
Post by: Libertas on October 30, 2014, 08:01:32 AM
Hey, baby!  Silver getting monkey-hammered!

(http://finviz.com/fut_chart.ashx?t=SI&cot=084691&p=m5)

http://finviz.com/futures_charts.ashx?t=SI&p=m5 (http://finviz.com/futures_charts.ashx?t=SI&p=m5)

Premiums on rounds are about 2% less than there were three weeks ago for rounds off 100 or more and 20 or more!

http://www.apmex.com/category/20000/silver (http://www.apmex.com/category/20000/silver)

 ::whoohoo::

My order just went in. 

Now, watch it drop some more, and tempt me again!
Title: Re: Just commodities
Post by: Libertas on November 05, 2014, 07:24:50 AM
Jesus, Mary and that other guy!!!  Didn't take long to grant that wish!!!


http://www.zerohedge.com/news/2014-11-05/because-nothing-says-best-execution-dumping-15-billion-gold-futures-0030et (http://www.zerohedge.com/news/2014-11-05/because-nothing-says-best-execution-dumping-15-billion-gold-futures-0030et)

These puppetmasters really never stop and can't hide for squat!

Fine, OK, idiots, I'll bite...another order please!!!
Title: Re: Just commodities
Post by: Weisshaupt on November 05, 2014, 07:57:57 AM

Premiums on rounds are about 2% less than there were three weeks ago for rounds off 100 or more and 20 or more!

Yeah, if you don't own shiny rocks this may be a good time to get more.. but they are going to suppress the crap out of these going forward..as the charts show - they aren't even trying to hide it anymore.  Best execution, ha. .

the premiums on junk silver are the highest I have ever seen them.. $2.49/oz. ( and that is for the big bags..) It was under 20 Cents/oz before Obama...


Title: Re: Just commodities
Post by: Libertas on November 05, 2014, 08:20:18 AM

Premiums on rounds are about 2% less than there were three weeks ago for rounds off 100 or more and 20 or more!

Yeah, if you don't own shiny rocks this may be a good time to get more.. but they are going to suppress the crap out of these going forward..as the charts show - they aren't even trying to hide it anymore.  Best execution, ha. .

the premiums on junk silver are the highest I have ever seen them.. $2.49/oz. ( and that is for the big bags..) It was under 20 Cents/oz before Obama...

I go for the 1oz rounds, less of a premium bite, but yeah, nowhere near as rosey as pre-Obola!
Title: Re: Just commodities
Post by: Libertas on November 10, 2014, 07:42:57 AM
"This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.' - Ayn Rand, 1966

H/T - http://www.zerohedge.com/news/2014-11-08/gold-economic-freedom (http://www.zerohedge.com/news/2014-11-08/gold-economic-freedom)

And the manipulators just keep getting away with it...

http://www.zerohedge.com/news/2014-11-09/what-happens-when-trying-get-bottom-ubs-gold-rigging-scandal (http://www.zerohedge.com/news/2014-11-09/what-happens-when-trying-get-bottom-ubs-gold-rigging-scandal)

...surprised he didn't get suicided...maybe later?

Nice menacing name though, All Hail Flotron!   ::hysterical::

Get physical, screw the markets.
Title: Re: Just commodities
Post by: Libertas on November 14, 2014, 08:11:25 AM
Interesting read on how the PTBs manipuate paper gold to suppress the real thing...the best counter for which is to buy the real thing (http://www.zerohedge.com/news/2014-11-13/paper-gold-and-its-effect-gold-price), something intelligent people know and a strategy that feeds into the hands of our enemies like China, and now Russia (http://www.zerohedge.com/news/2014-11-13/putin-prepares-economic-war-buys-stunning-55-tonnes-gold-q3) is joining in on the fun.
Title: Re: Just commodities
Post by: warpmine on November 17, 2014, 07:28:04 AM
Interesting read on how the PTBs manipuate paper gold to suppress the real thing...the best counter for which is to buy the real thing (http://www.zerohedge.com/news/2014-11-13/paper-gold-and-its-effect-gold-price), something intelligent people know and a strategy that feeds into the hands of our enemies like China, and now Russia (http://www.zerohedge.com/news/2014-11-13/putin-prepares-economic-war-buys-stunning-55-tonnes-gold-q3) is joining in on the fun.
Problem is it's getting harder to find the stuff. The reason probably rests with the fact that the suppression is keeping the real stuff from hitting the market. Who wants to mine something when it costs more to mine than to sell, it's basic economics. There was no ounce singles at the market this weekend and that says plenty.

The US mint has run out of domestic silver to produce Eagles and they must buy it within the confines of the USA. Besides, Eagles were still produced with the silver at $32/oz thus their high price compared to the spot price. Remember when prices of WTI crude went as low as $10/brl un the 90's? Those oil fields stop producing until price went back up to profitable levels. I'm sure the same thing is happening now with PM.

Even though fuel prices have lowered some, the cost of mining hasn't really changed all that much in terms of labor and machinery maintenance which is still higher because of the govt constantly f**king with the value of fiat currency. When will it all end?
Title: Re: Just commodities
Post by: Libertas on November 17, 2014, 07:50:32 AM
Interesting read on how the PTBs manipuate paper gold to suppress the real thing...the best counter for which is to buy the real thing (http://www.zerohedge.com/news/2014-11-13/paper-gold-and-its-effect-gold-price), something intelligent people know and a strategy that feeds into the hands of our enemies like China, and now Russia (http://www.zerohedge.com/news/2014-11-13/putin-prepares-economic-war-buys-stunning-55-tonnes-gold-q3) is joining in on the fun.
Problem is it's getting harder to find the stuff. The reason probably rests with the fact that the suppression is keeping the real stuff from hitting the market. Who wants to mine something when it costs more to mine than to sell, it's basic economics. There was no ounce singles at the market this weekend and that says plenty.

The US mint has run out of domestic silver to produce Eagles and they must buy it within the confines of the USA. Besides, Eagles were still produced with the silver at $32/oz thus their high price compared to the spot price. Remember when prices of WTI crude went as low as $10/brl un the 90's? Those oil fields stop producing until price went back up to profitable levels. I'm sure the same thing is happening now with PM.

Even though fuel prices have lowered some, the cost of mining hasn't really changed all that much in terms of labor and machinery maintenance which is still higher because of the govt constantly f**king with the value of fiat currency. When will it all end?

There is a rough equality of oil and mineral extraction costs and behavior, like wells, mines will be "capped" if market prices have dropped too low to support new production, and people in these industries are patient and not usually cavalier in their cash management, but the cost of malicious regulation and manipulation cannot be underestimated and the real cost most will see is the laying off of workers.  And since smart people (and governments) have been snapping up physical stocks, perhaps the situation I have been waiting for is starting to manifest itself - the drying up of physical stores availble for purchase.  Retail is the lower rung of the ladder, once institutional availability and then international/governmental availability is threatened, then we'll see something!  But it is hard to tell if this is a momentary blip.  I have seen this many times the past several years, and the PTBs will step aside a bit and let prices float back up to where production resumes and some physical flow commences.  Until the mines stay closed and physical inventories dry up, this will not end.



ETA - It is an interesting day in Gold news...

First, apparently The Fed (http://www.zerohedge.com/news/2014-11-16/real-reason-why-germany-halted-its-gold-repatriation-ny-fed) put the 'ol brakes on Germany repatriating all their gold held in the US...the big unanswered question being...how much really is there left to them or anybody else?

Second, the Euro's are BSing about buying gold (http://www.zerohedge.com/news/2014-11-17/ecb-says-may-buy-gold-stocks-next), what they are buying is more Neo-Keynesian BS!

Third, Gold Guru Eric Sprott seems to be thinking along my lines..."I think a true price recovery has got to come from the physical market first. When the mint says they don’t have any more silver coins, that's a good sign there’s more demand than supply. Maybe folks start figuring it out then.  To me, the biggest win will be if there is a delivery failure. If somebody says we were promised some gold we didn’t get it. And that could happen -- I mean we just can’t have China continue to buy 60 tons a week. That's impossible."

http://www.zerohedge.com/news/2014-11-16/eric-sprott-global-gold-demand-overwhelming-supply (http://www.zerohedge.com/news/2014-11-16/eric-sprott-global-gold-demand-overwhelming-supply)

Yup.   ::popcorn::
Title: Re: Just commodities
Post by: Libertas on November 21, 2014, 07:56:02 AM
Huh.  The Dutch got 122 tons out of 33 Liberty...and Germany only got 5...

http://www.zerohedge.com/news/2014-11-21/gold-repatriation-stunner-dutch-central-bank-secretly-withdrew-122-tons-gold-new-yor (http://www.zerohedge.com/news/2014-11-21/gold-repatriation-stunner-dutch-central-bank-secretly-withdrew-122-tons-gold-new-yor)

Well, sure...reduced inventory means the underground vault tunnel between the Fed and JP Morgan must be awfully damned budy keeping the shell game going!

Yah, your stash is here, says the Fed, see?!  Next day, yah, your stash is here, says JPM, see?! 

 ::hysterical::
Title: Re: Just commodities
Post by: Weisshaupt on November 21, 2014, 09:07:41 AM
Premium on Junk Silver at APMEX today is $3.29/oz.  I have never seen it that high... andthe Treasury has no more Silver Eagles to sell.. but there is nothing to see here. Move along.

Title: Re: Just commodities
Post by: Libertas on November 21, 2014, 10:25:00 AM
Big Bro - "Damn your eyes!"

Yeah, nothing to see here.

 ::unknowncomic::
Title: Re: Just commodities
Post by: Libertas on December 12, 2014, 07:37:58 AM
CME PM Circuit Breaker Plan (http://www.zerohedge.com/news/2014-12-11/what-do-they-know-cme-implements-gold-precious-metals-circuit-breakers-400-wide)

 ::saywhat::

Is this better named the "let's bend over the PM producers policy"?

Seriously?  It would be justified and not the least bit hilarious to see some big players, burn through the rest of their capital and extract (for themselves) what they can, and then blow the whole operation up in a giant fireball and walk away!  Basically go Galt like Wyatt did in Atlas Shrugged!

It's hard to image what will make Ann Barnhardt go more nuclear, this CME stunt or the Cromnibus vote?
Title: Re: Just commodities
Post by: Libertas on December 17, 2014, 07:35:08 AM
Interesting story here...wealth and power, how big shots use inside info to beat profitable retreats...and the whole physical gold thing and establishing clear ownership of course...

http://www.zerohedge.com/news/2014-12-16/commodity-trading-giant-exits-physical-gold-due-lack-physical-documented-origin (http://www.zerohedge.com/news/2014-12-16/commodity-trading-giant-exits-physical-gold-due-lack-physical-documented-origin)

Pretty simple moral to this story, hasn't changed since time began...if it isn't in your hand, it might not exist!!!
Title: Re: Just commodities
Post by: Glock32 on December 17, 2014, 01:07:34 PM
Yeah, in Barnhardt's words "if you can't stand in front of it with an assault rifle, it ain't yours."
Title: Re: Just commodities
Post by: Libertas on December 17, 2014, 02:50:08 PM
Heh. I likey that one. 
Title: Re: Just commodities
Post by: Libertas on December 23, 2014, 08:15:52 AM
Intersting infographic on silver, stuff most people probably know but interesting to review.  My mother remembers her folks keeping silver dollars in rain barrels to keep it bacteria free.

(http://2oqz471sa19h3vbwa53m33yj.wpengine.netdna-cdn.com/wp-content/uploads/2014/12/silver-series-infographic-history1.jpg)

H/T - http://www.zerohedge.com/news/2014-12-22/many-phases-silver-part-1 (http://www.zerohedge.com/news/2014-12-22/many-phases-silver-part-1)
Title: Re: Just commodities
Post by: Libertas on January 20, 2015, 08:30:28 AM
Germans, among others, repatriating more of their gold holdings.

http://www.zerohedge.com/news/2015-01-19/bundesbank-resumes-gold-repatriation-transfers-120-tonnes-physical-gold-paris-and-ny (http://www.zerohedge.com/news/2015-01-19/bundesbank-resumes-gold-repatriation-transfers-120-tonnes-physical-gold-paris-and-ny)

Wonder where NY and Paris came up with it?  I'd check it for tungsten, just in case!
Title: Re: Just commodities
Post by: Libertas on February 13, 2015, 07:45:49 AM
I see  and I cannot help but wonder many things, like: 1-Is this physical acquisition or paper acquisition with a nebulous conversion feature?  2-Who is coughing physical up, besides Ukraine and other small players?  3-What if any real impact do paper purchases matter, beyond their manipulative effects that are designed to further aid the artifical bouyancy of equity markets and perpetual gaming of currencies?  4-If in fact large central banks have hoarded up stockpiles of physical gold, this would normally be a big flag indicating cross-market implosion and currency collapse, so are they preparing for that or for an end game of even worse implications?

OK, back to my bunker!   ::foilhathelicopter:: (http://www.bloomberg.com/news/articles/2015-02-12/central-banks-hungry-for-gold-bought-enough-for-75-dreamliners[these reports every so often of the central bankers hoarding up gold, getting gold repatriated from abroad[/url)
Title: Re: Just commodities
Post by: Libertas on February 26, 2015, 02:49:08 PM
Haven't checked premiums in a while...fricken 2-3 x's what they were two months ago!!!   ::cussing::
Title: Re: Just commodities
Post by: Libertas on March 27, 2015, 02:27:04 PM
Goldman yells "Peak Gold"!

But have we seen peak manipulation in the kabuki paper markets yet, that's the real question!

http://www.zerohedge.com/news/2015-03-27/peak-gold-goldman-calculates-there-only-20-years-gold-supply-left (http://www.zerohedge.com/news/2015-03-27/peak-gold-goldman-calculates-there-only-20-years-gold-supply-left)

The good news appears to be peak uranium is nowhere near...and with everybody wanting a nuke, the future looks radioactively bright.
Title: Re: Just commodities
Post by: Libertas on April 23, 2015, 07:02:08 AM
The CFTC's latest casino tool - The Layering Algorithm

http://www.zerohedge.com/news/2015-04-22/dear-cftc-market-manipulating-spoofing-taking-place-e-mini-just-today (http://www.zerohedge.com/news/2015-04-22/dear-cftc-market-manipulating-spoofing-taking-place-e-mini-just-today)

Hey, where can I get me one of those?

Whattaya mean not for sheeple use?  Who you callin' a sheeple?!

 ::rockets::
Title: Re: Just commodities
Post by: Libertas on May 15, 2015, 07:44:59 AM
http://www.zerohedge.com/news/2015-05-14/trouble-cash (http://www.zerohedge.com/news/2015-05-14/trouble-cash)

Yup.  Pretty soon currency won't be worth a damn for anything other than wiping bottoms and starting fires.
Title: Re: Just commodities
Post by: Libertas on May 19, 2015, 07:35:04 AM
I guess weed is a commodity (http://www.zerohedge.com/news/2015-05-18/mapping-marijuana-prices-us?page=1), even if it is not legally traded everywhere...

 ::pimp::

Hey, does Oregon do online sales?

 ::hysterical::
Title: Re: Just commodities
Post by: ToddF on May 20, 2015, 07:33:15 AM
Legal weed still means paying about $4 per joint, assuming 60 per ounce (yes, I just looked it up.)

Title: Re: Just commodities
Post by: Pandora on June 11, 2015, 01:14:23 PM
Under threat of trade retaliation from Canada and Mexico, the House has voted to to repeal a law requiring country-of-origin labels on packages of beef, pork and poultry. (http://apnews.myway.com/article/20150611/us-congress-meat-labeling-11265046c4.html)
Title: Re: Just commodities
Post by: Libertas on June 11, 2015, 01:21:47 PM
I guess I'd like to know if my meat is coming from some drug-cartel run sh*thole like Mexico or not...I have no (heh!) beef, with Canadian product...but we get enough illegal two-legged assholes from Mexico and I don't want to reward that one iota by letting in four-legged ones!!!
Title: Re: Just commodities
Post by: Pandora on June 11, 2015, 01:23:35 PM
I have no problem with Canadian product either .......... as long as I know it's from Canada.  I buy NOTHING from Mexico if I can help it.
Title: Re: Just commodities
Post by: warpmine on June 11, 2015, 07:26:13 PM
We use to fund the govt using tariffs and that said we could impose them on drugs since majority come from south of the border. Mine the border and watch them bitch.
Title: Re: Just commodities
Post by: Libertas on July 10, 2015, 07:29:32 AM
Are Big Banks Using Derivatives To Suppress Bullion Prices?

http://www.zerohedge.com/news/2015-07-09/are-big-banks-using-derivatives-suppress-bullion-prices (http://www.zerohedge.com/news/2015-07-09/are-big-banks-using-derivatives-suppress-bullion-prices)

Yes.

And derivatives pose an existential threat to just about everything.  For the PTBs, everything is gamed for the greater good...the greater good being anything that both keeps the illusion going and lines their pockets with other peoples wealth...

And with prices beat down again,http://www.zerohedge.com/news/2015-07-08/silver-craters-exhaustion-capitulation-or-opportunity-ahead (http://[url=http://www.zerohedge.com/news/2015-07-08/silver-craters-exhaustion-capitulation-or-opportunity-ahead)]especially in silver[/url]...buy it if you can find it!

There are availability issues and the premiums are not slight at present.  But I gotta go for it...

http://www.apmex.com/ (http://www.apmex.com/)

If this situation continues...something will have to give between actual on-hand inventory and manipulated prices...

 ::popcorn::
Title: Re: Just commodities
Post by: Weisshaupt on July 10, 2015, 07:45:19 AM
Are Big Banks Using Derivatives To Suppress Bullion Prices?

http://www.zerohedge.com/news/2015-07-09/are-big-banks-using-derivatives-suppress-bullion-prices (http://www.zerohedge.com/news/2015-07-09/are-big-banks-using-derivatives-suppress-bullion-prices)

Yes.

And derivatives pose an existential threat to just about everything.  For the PTBs, everything is gamed for the greater good...the greater good being anything that both keeps the illusion going and lines their pockets with other peoples wealth...

And with prices beat down again,http://www.zerohedge.com/news/2015-07-08/silver-craters-exhaustion-capitulation-or-opportunity-ahead (http://[url=http://www.zerohedge.com/news/2015-07-08/silver-craters-exhaustion-capitulation-or-opportunity-ahead)]especially in silver[/url]...buy it if you can find it!

There are availability issues and the premiums are not slight at present.  But I gotta go for it...

http://www.apmex.com/ (http://www.apmex.com/)

If this situation continues...something will have to give between actual on-hand inventory and manipulated prices...

 ::popcorn::


It starts with an earth quake, birds and snakes and airplanes. Lenny Bruce is not afraid.

Premium on junk silver at Apmex- $6. That was the spot price in 2000.  The spot price was lower through the entire 90s...  when this started in 2006 - the premium was 15-18 cents at APMEX...


Title: Re: Just commodities
Post by: Libertas on July 15, 2015, 12:11:12 PM
Monkey + Hammer =

http://www.zerohedge.com/news/2015-07-15/gold-silver-slammed-eurusd-plunges-109-handle (http://www.zerohedge.com/news/2015-07-15/gold-silver-slammed-eurusd-plunges-109-handle)

http://www.zerohedge.com/news/2015-07-15/paper-gold-etf-tumbles-5-year-lows (http://www.zerohedge.com/news/2015-07-15/paper-gold-etf-tumbles-5-year-lows)

Buy physical, damnit...take my order!!!

Quick math tells me that in the retail sector there is less premium compared to 100 1oz Silver rounds on gold from 1/4oz - 1oz and an ounce of Palladium, so they are really targeting silver buyers...the best deal you can get is to get 500+...and even then the premium is still two digits!

I might put a call into to the local coin dealer...see if he has become competitive on the premium front...ya never know...
Title: Re: Just commodities
Post by: Libertas on August 14, 2015, 07:49:37 AM
Another 19 tons of shiny for the PBOC...

http://www.zerohedge.com/news/2015-08-14/gold-jumps-after-china-reveals-it-bought-another-19-tons-july (http://www.zerohedge.com/news/2015-08-14/gold-jumps-after-china-reveals-it-bought-another-19-tons-july)

...and they strengthened the Yuan slightly...

...meanwhile America wonders what will come next for Caitlyn...

 ::facepalm::
Title: Re: Just commodities
Post by: Weisshaupt on August 14, 2015, 08:09:04 AM
Another 19 tons of shiny for the PBOC...

http://www.zerohedge.com/news/2015-08-14/gold-jumps-after-china-reveals-it-bought-another-19-tons-july (http://www.zerohedge.com/news/2015-08-14/gold-jumps-after-china-reveals-it-bought-another-19-tons-july)

...and they strengthened the Yuan slightly...

...meanwhile America wonders what will come next for Caitlyn...

 ::facepalm::

I wonder how much of that 19 tons was bought with US Dollars from the china reserves?  Heck , they might have some deal where they are buying gold right out of of the Manhattan Vaults.  "Take these worthless treasuries back and give us gold for them or we crash the whole thing right now! "

Its should be noted that they are only admitting to having 1677 Tons of gold.  The US still claims to have over 8000 tons and stores most of the gold for Europe ( which would be another 6000 tons)  but really who believes those numbers? I also suspect China's number is higher as well. There is a reason everyone is working to repatriate their gold. Its also very interesting that the Fed will give the Netherlands back their gold but not Germany...





Title: Re: Just commodities
Post by: Libertas on August 14, 2015, 08:21:26 AM
Another 19 tons of shiny for the PBOC...

http://www.zerohedge.com/news/2015-08-14/gold-jumps-after-china-reveals-it-bought-another-19-tons-july (http://www.zerohedge.com/news/2015-08-14/gold-jumps-after-china-reveals-it-bought-another-19-tons-july)

...and they strengthened the Yuan slightly...

...meanwhile America wonders what will come next for Caitlyn...

 ::facepalm::

I wonder how much of that 19 tons was bought with US Dollars from the china reserves?  Heck , they might have some deal where they are buying gold right out of of the Manhattan Vaults.  "Take these worthless treasuries back and give us gold for them or we crash the whole thing right now! "

Assuming 33 Liberty has any left...but yeah, the ChiCom's have us over a barrel more than anybody else, so if they say "drop 'em"...
Title: Re: Just commodities
Post by: Libertas on August 25, 2015, 09:48:06 AM
http://www.zerohedge.com/news/2015-08-25/gold-slammed-back-below-key-technical-support (http://www.zerohedge.com/news/2015-08-25/gold-slammed-back-below-key-technical-support)

Prop up the dollar (with what, you ask tongue in cheek) and PM's get slammed.

http://www.apmex.com/ (http://www.apmex.com/)

Premiums are still fairly high, but having vs not having should carry more weight.

I want to snag some more Ag.  I like Pb too!   :D
Title: Re: Just commodities
Post by: Weisshaupt on August 28, 2015, 12:54:20 PM
Apmex has junk silver back in stock - -with a $6.49  premium per oz.
Whoa.

The bullion silver is behaving normally -  about $1.69  over spot - which is has been for a while.
 But, you see,  junk silver is TEOTWAWKI Money - easily recognized, known metal content, and already "money" in the fiat sense.
People may not impliclty see the value of a .9999 pure 1 oz Buffalo, but a 1950's quarter is much easier to translate ..


Title: Re: Just commodities
Post by: Libertas on August 30, 2015, 11:24:31 AM
True, but for the math-impaired assigning content-based value will require help, there will be a stupid tax on the ignorant.  A whole ounce should be easier to understand, but bartering will have to sort it through.
Title: Re: Just commodities
Post by: Weisshaupt on August 31, 2015, 04:58:26 PM
And now -- $6.99/oz over spot for junk silver...

Title: Re: Just commodities
Post by: Libertas on September 01, 2015, 06:54:26 AM
Must be Creed fans, eh?

Can you take me higher?
Title: Re: Just commodities
Post by: Weisshaupt on October 07, 2015, 08:24:00 AM


http://www.sharelynx.com/newsblog/index.php?post/2015/10/02/Silver-Coin-Premiums (http://www.sharelynx.com/newsblog/index.php?post/2015/10/02/Silver-Coin-Premiums)

(http://www.sharelynx.com/images/chartsdump/APMEXAGPremiums01a20151002.gif)

Meanwhile junk silver premium is down to a mere $5/oz  from $6.50 where it has been for weeks.
Title: Re: Just commodities
Post by: Libertas on October 07, 2015, 10:08:53 AM
Uhh huh...

Well, it seems APMEX didn't get that news...

http://www.apmex.com/category/25820/90-silver-by-type (http://www.apmex.com/category/25820/90-silver-by-type)

I think there is a physical dynamic at play not reflected in the "official" price that is priced into premiums...

But hey, we knew that already or the Fedcoats wouldn't be manipulating things with paper and vapor!
Title: Re: Just commodities
Post by: Weisshaupt on October 12, 2015, 02:54:19 PM
Demand for silver seems to be down on pot  smoking California beaches.

http://www.infowars.com/video-mind-controlled-morons-dont-even-understand-what-silver-is/ (http://www.infowars.com/video-mind-controlled-morons-dont-even-understand-what-silver-is/)
Title: Re: Just commodities
Post by: Libertas on October 13, 2015, 06:58:28 AM
Sadly, nothing about that surprises me...

Well, outside of the attempt and anybody expecting a different result...

 ::unknowncomic::
Title: Re: Just commodities
Post by: Libertas on November 30, 2016, 11:27:33 AM
Heh.  This confirms two things - 1) The Saudi's favor Putin's Russia over Obama's America and 2) all it took to improve economic prospects on most all fronts is to get Obama the bleep out!

https://www.bloomberg.com/news/articles/2016-11-30/opec-agrees-to-cut-output-by-1-2-million-barrels-a-day (https://www.bloomberg.com/news/articles/2016-11-30/opec-agrees-to-cut-output-by-1-2-million-barrels-a-day)

The biggest driver of the Obama Depression, naturally is Obama! (http://itsaboutliberty.com/index.php?topic=2169.620)

 ::hysterical::

Come on Jan 20th!   ::asskicking::   ::whoohoo::
Title: Re: Just commodities
Post by: Libertas on December 08, 2016, 08:32:13 AM
I guess folks in India never heard of boating accidents...

http://www.zerohedge.com/news/2016-12-07/india-confiscates-gold-even-jewelry-raids-hidden-money (http://www.zerohedge.com/news/2016-12-07/india-confiscates-gold-even-jewelry-raids-hidden-money)

...fair to say most probably haven't heard of boats either!  Still...

The elephant took it...monkeys ran away with it...

 ::)

And looking long behind the curtain of the kabuki masters...

http://www.zerohedge.com/news/2016-12-08/deutsche-bank-provides-smoking-gun-proof-massive-rigging-and-fraud-silver-market (http://www.zerohedge.com/news/2016-12-08/deutsche-bank-provides-smoking-gun-proof-massive-rigging-and-fraud-silver-market)

...scheming and slamming and scamming, oh my!  And a lot more widespread than even the most jaded observer thought!

OK I don't buy that last part...I'm pretty damn jaded!  Hey, I wonder if Ann B has any opinion on this?  I bet she does!!!

And...ahh...they slam gold...and other stuff too ya know?! 
Title: Re: Just commodities
Post by: Libertas on January 09, 2017, 11:29:35 AM
Huh?  Whaddaya know?

Purple Reign...with golden trim (http://www.zerohedge.com/news/2017-01-09/prince-hoarded-cash-owned-67-10-ounce-gold-bars-when-he-died-avoided-stocks-and-bond).
Title: Re: Just commodities
Post by: Libertas on March 02, 2017, 12:20:51 PM
At first I was like...huh?

http://www.apmex.com/product/22778/1-oz-gold-grain-shot-9999-fine-order-by-the-ounce (http://www.apmex.com/product/22778/1-oz-gold-grain-shot-9999-fine-order-by-the-ounce)

But in this form it has the lowest premium for content compared to ask price of anything in the 1 oz offering...and it would be easy to break off pieces for barter...

And probably harder to debase small pieces too, eh?  (I mean crack into a chunk, easy peasy!)

 ::thinking::
Title: Re: Just commodities
Post by: Libertas on May 09, 2017, 07:06:18 AM
Another "yeah, but...' moment...

http://www.zerohedge.com/news/2017-05-08/mining-ceo-explains-why-silver-could-reach-over-136 (http://www.zerohedge.com/news/2017-05-08/mining-ceo-explains-why-silver-could-reach-over-136)

Yeah, I like numbers, I get the 21:1 & 9:1 thing...but...in the end it comes down to available supply exchanging hands and the value people put on it...

When the kabuki implodes, and it will, and the great unwinding commences...we'll see what we'll see...

In the meantime, with current "market" prices coming down, another buying opportunity arises.   ;)
Title: Re: Just commodities
Post by: Libertas on June 26, 2017, 11:25:17 AM
It always seems like the monkey-hammering happens around key Fed moments, eh?

http://www.zerohedge.com/news/2017-06-26/will-golds-tumble-continue-here-citis-answer (http://www.zerohedge.com/news/2017-06-26/will-golds-tumble-continue-here-citis-answer)

Picking on the crypto's too...that could be just routine action though...whatever props up the greenback...

http://www.zerohedge.com/news/2017-06-26/bitcoin-tumbles-15-10-day-lows (http://www.zerohedge.com/news/2017-06-26/bitcoin-tumbles-15-10-day-lows)

And the Yuan is down...merely a coincidence to be sure...
Title: Re: Just commodities
Post by: Libertas on August 30, 2017, 08:05:08 AM
Four years later...Germany finally got its gold back...

http://www.zerohedge.com/news/2017-08-30/weird-things-are-happening-gold (http://www.zerohedge.com/news/2017-08-30/weird-things-are-happening-gold)

But the second bit of news, is , to say the least...weird -

Secretary of the Treasury Steve Mnuchin and Senate Majority Leader Mitch McConnell just paid a visit to Fort Knox to see the U.S. gold supply. Mnuchin is only the third Treasury secretary in history ever to visit Fort Knox and this was the first official visit from Washington, D.C., since 1974.

The U.S. government likes to ignore gold and not draw attention to it. Official visits to Fort Knox give gold some monetary credence that central banks would prefer it does not have.

Why an impromptu visit by Mnuchin and McConnell? Why now?

The answer may lie in the fact that the Treasury is running out of cash and could be broke by Sept. 29 if Congress does not increase the debt ceiling by then.

But the Treasury could get $355 billion in cash from thin air without increasing the debt simply by revaluing U.S. gold to a market price. (U.S. gold is currently officially valued at $42.22 per ounce on the Treasury’s books versus a market price of $1,285 per ounce.)

Once the Treasury revalues the gold, the Treasury can issue new “gold certificates” to the Fed and demand newly printed money in the Treasury’s account under the Gold Reserve Act of 1934. Since this money comes from gold revaluation, it does not increase the national debt and no debt ceiling legislation is required.

This would be a way around the debt ceiling if Congress cannot increase it in a timely way. This weird gold trick was actually done by the Eisenhower administration in 1953.

Play games?  No!  Our leaders of unparalleled integrity and Neo-Keynesian mega-minds are beyond such tricks!

/

Title: Re: Just commodities
Post by: Libertas on August 31, 2017, 07:58:15 AM
 ::thinking::

http://www.zerohedge.com/news/2017-08-30/gold-flash-crashes (http://www.zerohedge.com/news/2017-08-30/gold-flash-crashes)

http://www.apmex.com/category/10002/gold-and-silver-top-picks?page=1&sortBy=mostpopulardesc (http://www.apmex.com/category/10002/gold-and-silver-top-picks?page=1&sortBy=mostpopulardesc)

...fiat pricing looking attractive...
Title: Re: Just commodities
Post by: Libertas on September 18, 2017, 12:31:47 PM
I guess somebody wants to open the buying window again...

http://www.zerohedge.com/news/2017-09-18/gold-tumbles-most-july-bitcoin-bounces (http://www.zerohedge.com/news/2017-09-18/gold-tumbles-most-july-bitcoin-bounces)

...they'll be more bouncing going on...
Title: Re: Just commodities
Post by: Libertas on November 29, 2017, 09:49:37 AM
Fine, spank it more...I dare ya!

http://www.zerohedge.com/news/2017-11-29/gold-slammed-massive-volume-key-technical-support-gdp-beat (http://www.zerohedge.com/news/2017-11-29/gold-slammed-massive-volume-key-technical-support-gdp-beat)

And...not sure where this came from...

http://www.zerohedge.com/news/2017-11-28/russia-warns-washington-confiscating-gold-reserves-would-be-declaration-financial-wa (http://www.zerohedge.com/news/2017-11-28/russia-warns-washington-confiscating-gold-reserves-would-be-declaration-financial-wa)

...didn't know we were thinking of confiscation...though technically a "freeze" is not a confiscation per se, just a bank holiday dontchyaknow?!

Saying freeze=confiscation may not be a justification for declaring war by itself...can't help in combination with other things though...

But I don't see a freeze coming at this time...
Title: Re: Just commodities
Post by: Libertas on December 04, 2017, 11:12:06 AM
More hammering...

http://www.zerohedge.com/news/2017-12-04/gold-shorts-plunge-5-year-lows (http://www.zerohedge.com/news/2017-12-04/gold-shorts-plunge-5-year-lows)

Swing again!   :D
Title: Re: Just commodities
Post by: kermit on January 08, 2018, 05:21:59 AM
I haven't read through this thread, but I started at the first post....sliver around $40.

That's just about when I dumped a load of cash into it.....  ::doh::
Title: Re: Just commodities
Post by: Libertas on January 08, 2018, 07:23:41 AM
No worry...like that cat poster, just hang on.
Title: Re: Just commodities
Post by: Libertas on December 07, 2018, 08:54:20 AM
More domestic fossil fuels to exploit!   ::whoohoo::

(https://www.thegatewaypundit.com/wp-content/uploads/texas-new-mexico-delaware-basin-434x600.jpg)

https://www.thegatewaypundit.com/2018/12/us-geological-survey-discovers-largest-continuous-oil-and-gas-resources-ever-in-texas-new-mexico-delaware-basin/ (https://www.thegatewaypundit.com/2018/12/us-geological-survey-discovers-largest-continuous-oil-and-gas-resources-ever-in-texas-new-mexico-delaware-basin/)

Looks like a nice place to own some land to lease to folks looking to drill!

 ::thumbsup::

Drill!  Jobs!  Fuel!   ::bustamove::

Oh, and eff the carbon-hating job-hating progs!!!

https://www.dailywire.com/news/39209/us-ends-reliance-foreign-oil-first-time-75-years-joseph-curl (https://www.dailywire.com/news/39209/us-ends-reliance-foreign-oil-first-time-75-years-joseph-curl)

(https://thumbs.gfycat.com/BaggyNewGrackle-size_restricted.gif)

Black Gold, Texas Tea

 ::whoohoo::
Title: Re: Just commodities
Post by: Libertas on March 09, 2020, 11:35:18 AM
OK, time to reactivate this thread with this hilarious load of borscht-filled manure!

https://www.zerohedge.com/energy/russia-says-it-can-weather-25-oil-10-years (https://www.zerohedge.com/energy/russia-says-it-can-weather-25-oil-10-years)

Yeah?  Look at the small print...does is say "neighboring and not so neighboring nations may be invaded, populaces decimated and resources raped" to make this possible?
Title: Re: Just commodities
Post by: ToddF on March 09, 2020, 05:55:43 PM
Been holding back since I got control of my (somewhat reduced) retirement nest egg.  I figured it was time to schiff or get off the pot and went in with half of it.  You can't wait forever and I told myself 20% and I'd pull the trigger.  Close enough.

I actually rode a bond fund up these past months, then sold two weeks ago.  Figure half in a stock fund, half back in bonds once they turnaround. 
Title: Re: Just commodities
Post by: Libertas on March 10, 2020, 07:03:02 AM
Co-worker just went into bonds...too late IMO, and 10Yr fade seems to confirm that...your timing was a better choice.
Title: Re: Just commodities
Post by: John Florida on March 10, 2020, 02:28:42 PM
  I'm sitting 50% in cash and waiting
Title: Re: Just commodities
Post by: ToddF on March 10, 2020, 05:55:16 PM
And now the price of bonds is crashing.  Now below where I sold the fund.  And my S&P 500 in index fund is up 5% today.   At least for today, my timing looks good all around.
Title: Re: Just commodities
Post by: Libertas on March 11, 2020, 07:15:23 AM
Once the Corona fear-mongering peters out the casino will hum once gain.
Title: Re: Just commodities
Post by: ToddF on March 11, 2020, 05:54:17 PM
And down 5%.  Up and down and up and down...
Title: Re: Just commodities
Post by: John Florida on March 11, 2020, 06:46:53 PM
And down 5%.  Up and down and up and down...

 Stop looking.
Title: Re: Just commodities
Post by: Alphabet Soup on March 11, 2020, 10:39:10 PM
And down 5%.  Up and down and up and down...

 Stop looking.

If it keeps dropping I won't have anything left to worry about...
Title: Re: Just commodities
Post by: Libertas on March 12, 2020, 06:34:51 AM
Normally I try to not get too caught up in matters of timing...but when the floor is reached (you'll know it is past because it's when the schmoes start going back in) the bargain buying is over.
Title: Re: Just commodities
Post by: John Florida on March 12, 2020, 09:38:22 AM
And down 5%.  Up and down and up and down...

 Stop looking.

If it keeps dropping I won't have anything left to worry about...

  It isn't a loss till you sell it. At this point all you can do is sit tight.
Title: Re: Just commodities
Post by: ToddF on March 13, 2020, 06:14:41 AM
I see nothing.  I hear nothing...   ::unknowncomic::

In for the long term.  In fact, I will buy back into my bond fund with the other half of my retirement, today.  That's come back down from it's runup.  So I did lock in the profits from that.

And when this crap passes, it will all skyrocket up so fact, you won't even have a chance to jump on the train.
Title: Re: Just commodities
Post by: Libertas on March 13, 2020, 06:21:01 AM
I see nothing.  I hear nothing...   ::unknowncomic::

In for the long term.  In fact, I will buy back into my bond fund with the other half of my retirement, today.  That's come back down from it's runup.  So I did lock in the profits from that.

And when this crap passes, it will all skyrocket up so fact, you won't even have a chance to jump on the train.

 ::hat-tip::

ETA - I find it ironic that priming the pump (https://www.cnbc.com/2020/03/12/fed-to-pump-more-than-500-billion-into-short-term-bank-funding-expand-types-of-security-purchases.html) is viewed as positive for the bond market, but liquidity isn't the only issue...piling on more debt and interest on that debt to me seems to cancel out any gains and actually make your downstream viability more precarious...a better move would be actual (and clean of pork and statist BS!) stimulus aimed at the productive individuals and viable businesses that are the real engine of prosperity!
Title: Re: Just commodities
Post by: ToddF on March 13, 2020, 02:56:26 PM
And look at her pop, right at the end of the day. 
Title: Re: Just commodities
Post by: ToddF on March 13, 2020, 03:48:57 PM
And that explains the pop.

https://www.foxbusiness.com/markets/us-stocks-march-13-2020 (https://www.foxbusiness.com/markets/us-stocks-march-13-2020)

"Dow pops 1,985 points as Trump's national emergency enlists Google, Walmart in coronavirus fight"
Title: Re: Just commodities
Post by: John Florida on March 13, 2020, 04:00:59 PM
  All I know is that this too shall pass.
Title: Re: Just commodities
Post by: Libertas on March 15, 2020, 08:49:27 AM
And in a mix I like certain individual energy-related outfits, industrial products and a few biotech outfits led the Friday pop.  And as is relatively customary the recent insider buying as balanced out with sellers needing a cash infusion (no doubt near the closing bell)...and the digital outfits seemed to enjoy a rebound, which makes sense but I wonder if people know an online order could still potentially carry Corona risk if an infected person handles it and if it is viable on surfaces for very long which I do not think we've heard a definitive answer on that I am aware of.  Financials rebounded well too.  In bonds shorter is safer.  Oh and the buying opportunity for gold & silver is still open, though I am uncertain the duration...more bad news on the broader front could extend it.
Title: Re: Just commodities
Post by: John Florida on March 15, 2020, 11:01:22 AM
  I'm looking at airlines and cruise lines.
Title: Re: Just commodities
Post by: Alphabet Soup on March 15, 2020, 03:09:43 PM
  I'm looking at airlines and cruise lines.

You planning on buying an airline?

 ::pokeineye::
Title: Re: Just commodities
Post by: John Florida on March 15, 2020, 06:57:55 PM
  I'm looking at airlines and cruise lines.

You planning on buying an airline?

 ::pokeineye::


   Yup a real small tastefully done something along the lines SOUL PLANE.

https://youtu.be/m_voArXcJG8
Title: Re: Just commodities
Post by: ToddF on March 16, 2020, 05:00:56 PM
It was all stabilizing until governors started going Full Retard, one after the other...
Title: Re: Just commodities
Post by: Libertas on March 16, 2020, 06:25:59 PM
It was all stabilizing until governors started going Full Retard, one after the other...

Yup, all in cahoots, demoscat pols, demoscat media, demoscat crony-capitalists...demoscat activists. 

See my post here on the demoscat sh*t-show Walz presser - http://itsaboutliberty.com/index.php/topic,17562.new.html#new (http://itsaboutliberty.com/index.php/topic,17562.new.html#new)

On a happier note...finally got through on APMEX (their site was getting HAMMERED and supplies in a lot of stuff just gone) and got me another 100oz's of silver.

Grocery stores a joke, all TP, Kleenex & paper towels gone, I got some of that left...I bought meat - steaks, bacon, brats.  I did get a couple cases of beer too, but that is only an extra case over my normal purchase, but lines were forming there too and most getting wine and liquor and I got a lot of that already.  Gotta enjoy the demoscat Coronapocalype in style, dontchya know?!
Title: Re: Just commodities
Post by: John Florida on March 16, 2020, 07:01:15 PM
 Tomorrow I am going to top off gas cans and diesel for the tractor.
Title: Re: Just commodities
Post by: Libertas on March 16, 2020, 07:07:55 PM
Yeah, and I typically top the car off when I hit 1/2...changing that to 3/4 just to be sure...better safe than a victim of ignorance.   ::thumbsup::
Title: Re: Just commodities
Post by: Alphabet Soup on March 16, 2020, 10:04:33 PM
Yeah, and I typically top the car off when I hit 1/2...changing that to 3/4 just to be sure...better safe than a victim of ignorance.   ::thumbsup::

I keep 30 gallons of gas in 5-gallon cans. I rotate stock to keep it fresh and usually cheat and let it get low in the summertime. It's for the generator but I also use it for all the gas powered tools. Thanks for the reminder to top everything off!
Title: Re: Just commodities
Post by: ToddF on March 17, 2020, 06:30:29 AM
If there's one thing there's not a shortage of is gas.  And that will only get worse as more people stay/work at home.  $1.59 in my neck of the woods, now.

Went to Super Target on Sunday morning.  TP/tissue pretty much cleaned out as well as hand sanitizer.  And bread.  Not a loaf to be had.  Frozen veggies to some extent, but they were in the process of getting restocked.  Will do a Costco run tomorrow morning.  Hope they have TP as I'm getting low.  If not, I've heard places like Hy-Vee and Fareway are always stocked.  Just more expensive.
Title: Re: Just commodities
Post by: Libertas on March 17, 2020, 07:33:21 AM
Yeah, report back on that availability, I suspect some have better logistics and pull than others ..but goobermint could start heavy- handed edicts to level that.
Title: Re: Just commodities
Post by: ToddF on March 17, 2020, 07:57:23 AM
In fact, I'll do it this morning as my dentist just shut down.  Seems that edict just went out this morning, shutting down dentists.

I figure they'll have something in stock, in the morning.  Coralville, Iowa isn't a s**thole like Brooklyn, NY.
Title: Re: Just commodities
Post by: ToddF on March 17, 2020, 11:54:25 AM
Score.   ::cool::

Certain items were gone.  No Irish Spring, no Perdue Chicken Nuggets.  And as you can see, those aren't Kirkland brands.  But they aren't Scott, either, so my bathroom won't be like a gas station the next month or two.   ::thumbsup::
Title: Re: Just commodities
Post by: Libertas on March 17, 2020, 12:05:36 PM
Yeah but Scott easier on those with septic systems...just an FYI for folks.

But good haul.  I'm going to hit mine the way home.

We're all being asked to work from home now...so, I have to augment a few items to be sure I can ride out however long it takes...

I wonder how online orders will go?  I will try some Omaha Steaks see how that availability is this evening...
Title: Re: Just commodities
Post by: patentlymn on March 17, 2020, 01:36:16 PM
I went to Cub in New Brighton MN yesterday. No TP, almost no paper towels. Lots of produce and most meats.
Title: Re: Just commodities
Post by: ToddF on March 17, 2020, 01:52:05 PM
I think the trick is going in the morning, at opening.  I assume they restock overnight. 
Title: Re: Just commodities
Post by: Pandora on March 17, 2020, 05:00:21 PM
Food Lion parking lot jammed early this afternoon.  I don't get it; I'd've thought people would've gotten what they needed by now, what with the constantly empty shelves, but maybe not, what with the constantly empty shelves.
Title: Re: Just commodities
Post by: John Florida on March 17, 2020, 05:34:00 PM
  Store aren't getting full orders to restock which isn't helping.  The only reason the damned toilet paper is gone is people are just buying it and they don't know why either.  I was in a local store and I told an employee that they just sold their last package her answer was already? Then she said she bought a big package I aske if she was out he answer no not at all but everybody keeps buying it and she thought they knew something she didn't.  WTF!

  As an aside those making their own hand sanitizer if they are out of aloe go look in the sun burn area cause nobody is thinking of that yet.  They had a bunch at CVS.
Title: Re: Just commodities
Post by: Pablo de Fleurs on March 17, 2020, 09:06:28 PM
(https://teamlegionnaire.files.wordpress.com/2020/03/decision.png)
Title: Re: Just commodities
Post by: Libertas on March 18, 2020, 10:05:10 AM
I think the trick is going in the morning, at opening.  I assume they restock overnight.

Yes, that's what the gal at CostCo said as I picked up some other stuff...but I cannot do that till the weekend...when it will likely be more insane...I bet people line up hours before...

Title: Re: Just commodities
Post by: Libertas on March 18, 2020, 10:08:10 AM
  Store aren't getting full orders to restock which isn't helping.  The only reason the damned toilet paper is gone is people are just buying it and they don't know why either.  I was in a local store and I told an employee that they just sold their last package her answer was already? Then she said she bought a big package I aske if she was out he answer no not at all but everybody keeps buying it and she thought they knew something she didn't.  WTF!

  As an aside those making their own hand sanitizer if they are out of aloe go look in the sun burn area cause nobody is thinking of that yet.  They had a bunch at CVS.

Like Pan said...I don't get it either...

For the above..huh, what?  Making their own?  Rubbing alcohol and...what?

Title: Re: Just commodities
Post by: Libertas on March 18, 2020, 10:08:59 AM
(https://teamlegionnaire.files.wordpress.com/2020/03/decision.png)

 ::hysterical::

I guess both arms were needed, eh?  Dude, get a cart!  Leave no roll behind!
Title: Re: Just commodities
Post by: Pandora on March 18, 2020, 11:57:24 AM
Maybe it came down to money, not arms; what to pay for, what to pay for/eenie meenie minee mo ...........
Title: Re: Just commodities
Post by: patentlymn on March 18, 2020, 09:10:06 PM

I just went to an inner ring suburb of Minneapolis, New Brighton, to Cub foods. TP gone, some bread picked over,lots of produce.
Some meat picked over. Tons of canned goods, even on sale. No problems. I picked up corned beef, cabbage, a large pre-made lasagna, garlic bread.

They reduced hours. I had stocked up on non-perishables weeks ago.
I went out for Redbox. Richard Jewell and Superman Red Son.
Title: Re: Just commodities
Post by: ToddF on March 19, 2020, 06:25:35 AM
I've noticed all the stuff hoarded is high in carbs, so no real disruption of my diet.  Fareway (a smaller version of Cub/Hy-Vee) did have have a few loaves of bread in stock, but only more expensive Sara Lee.  Grabbed one for the wife. And only a few boxes of wheat spaghetti noodles.  Got my Irish Spring, so no stinky me.  But they were fully stocked on both liquid and bar soap.
Title: Re: Just commodities
Post by: Libertas on March 19, 2020, 08:00:14 AM
Maybe it came down to money, not arms; what to pay for, what to pay for/eenie meenie minee mo ...........

6 rolls of TP should not cost more than a 12 pack of brew...but I guess that is the times we are in, eh?
Title: Re: Just commodities
Post by: Libertas on March 19, 2020, 08:01:21 AM

I just went to an inner ring suburb of Minneapolis, New Brighton, to Cub foods. TP gone, some bread picked over,lots of produce.
Some meat picked over. Tons of canned goods, even on sale. No problems. I picked up corned beef, cabbage, a large pre-made lasagna, garlic bread.

They reduced hours. I had stocked up on non-perishables weeks ago.
I went out for Redbox. Richard Jewell and Superman Red Son.

Yup, many doing that, so they have more time to re-stock...makes sense, but open-up has to be like Black Friday everyday now, eh?
Title: Re: Just commodities
Post by: Libertas on March 19, 2020, 08:03:21 AM
I've noticed all the stuff hoarded is high in carbs, so no real disruption of my diet.  Fareway (a smaller version of Cub/Hy-Vee) did have have a few loaves of bread in stock, but only more expensive Sara Lee.  Grabbed one for the wife. And only a few boxes of wheat spaghetti noodles.  Got my Irish Spring, so no stinky me.  But they were fully stocked on both liquid and bar soap.

The bread thing bothers me...I like fresh...people must be hoarding/freezing...don't like frozen bread...looks like I will have to dust off the bread machine and make my own...dang, bet I don't have flour or yeast...well, that's on my list.

On the plus side, gas keeps dropping, some speculation that in some areas it could dip below $1 for regular...silver futures still trending down...daring a another purchase...if there is anything available to purchase...I mean APMEX is out of even 1,000oz bars!

Getting some silver dollars and halves...not much else left.
Title: Re: Just commodities
Post by: ToddF on March 19, 2020, 08:38:16 AM
Down to $1.58 near my home.

Both Fareway and Hy-Vee have just reduced hours in Iowa.  They say to restock and do extra cleaning every night.  Then when they do open in the morning, the first hour is restricted to 65 and over.

A common sense thing to do in a time of hysteria.
Title: Re: Just commodities
Post by: John Florida on March 19, 2020, 10:59:40 AM
 1.77 yesterday.
Title: Re: Just commodities
Post by: patentlymn on March 22, 2020, 08:08:41 PM
Went to Cub in New Brighton MN. Picked up some frozen pizza chicken, cheese,and antacid.

Pasta gone, pasta sauce mostly gone,  much bread gone, dry dog food picked over, TP and paper towels gone. Fresh turkey pieces gone but they had been gone for a while before the virus thing. I like turkey thighs and drum sticks and this cub has been out for a while. Plenty of chicken.




Title: Re: Just commodities
Post by: Pablo de Fleurs on March 22, 2020, 09:02:08 PM
(https://teamlegionnaire.files.wordpress.com/2020/03/eastwood-cool.png)
Title: Re: Just commodities
Post by: Libertas on March 23, 2020, 08:20:52 AM
I scored beak-wipers this AM!   ;D
Title: Re: Just commodities
Post by: paulh on March 23, 2020, 01:33:55 PM
Shop Rite today had less than 6 people there-9 am- had my prime hamburger, Jersey sauce, no damn porknbeans, my no sugar, no fat, no cholesteral? rolls, no flour but all in all a good stock pile compared to StopnShop yesterday which sucked. Went to Pet Value next door to get dog food. The entrance was taped off and only one person in at a time. Clerk got what you wanted. Sign at checkout-----Stay 6 feet away---- clerk told someone to wait outside while I was there. Gonna go get more beer tomorrow
Title: Re: Just commodities
Post by: Libertas on March 23, 2020, 02:49:19 PM
Shop Rite today had less than 6 people there-9 am- had my prime hamburger, Jersey sauce, no damn porknbeans, my no sugar, no fat, no cholesteral? rolls, no flour but all in all a good stock pile compared to StopnShop yesterday which sucked. Went to Pet Value next door to get dog food. The entrance was taped off and only one person in at a time. Clerk got what you wanted. Sign at checkout-----Stay 6 feet away---- clerk told someone to wait outside while I was there. Gonna go get more beer tomorrow

Sugar is bad for fighting viruses...which sucks.  Honey & cinnamon are good though.

Oh, BTW...heard chatter that Walz may issue a mandatory stay-at-home order...better get any brick & mortar shopping in while you can, and any online orders may about poised to be pushed out for summer delivery!  Gotta top off car and fill cans this evening!
Title: Re: Just commodities
Post by: AlanS on March 23, 2020, 08:13:34 PM
Oh, BTW...heard chatter that Walz may issue a mandatory stay-at-home order...better get any brick & mortar shopping in while you can, and any online orders may about poised to be pushed out for summer delivery!  Gotta top off car and fill cans this evening!
Our "stay at home" order lets you shop for essentials. So just about everything is open. The only businesses that are "closed" that I miss are restaurants. But at least they have carry out.
Title: Re: Just commodities
Post by: patentlymn on March 23, 2020, 10:04:17 PM
Shop Rite today had less than 6 people there-9 am- had my prime hamburger, Jersey sauce, no damn porknbeans, my no sugar, no fat, no cholesteral? rolls, no flour but all in all a good stock pile compared to StopnShop yesterday which sucked. Went to Pet Value next door to get dog food. The entrance was taped off and only one person in at a time. Clerk got what you wanted. Sign at checkout-----Stay 6 feet away---- clerk told someone to wait outside while I was there. Gonna go get more beer tomorrow

Sugar is bad for fighting viruses...which sucks.  Honey & cinnamon are good though.

Oh, BTW...heard chatter that Walz may issue a mandatory stay-at-home order...better get any brick & mortar shopping in while you can, and any online orders may about poised to be pushed out for summer delivery!  Gotta top off car and fill cans this evening!

So far Walz has not. Good for him. People mostly have enough sense to do the right thing.
My son was laid off from his restaurant job.
I live in New Brighton MN.
I bought enough non-perishables maybe a month ago or longer to last a while.
If things were bad I even bought rice and beans and pasta. They won't go bad.
Some canned goods will last a long time.

My last trip out dry dog food was picked over real good as well. Pasta gone. I have enough of both.
Plenty of chicken out there. No TP or paper towels. I have enough. I bought hand sanitizer a while back.


Title: Re: Just commodities
Post by: Alphabet Soup on March 23, 2020, 11:39:22 PM
Our idiot governor finally issued the "shelter in place" order today. We had been voluntarily doing the social distance thingy but apparently it wasn't good enough (even though the rate of infection had flattened out).

Grocery stores are generally acceptable. Spot shortages as one might expect. 
Title: Re: Just commodities
Post by: Libertas on March 24, 2020, 07:48:49 AM
Socialists, they make everything worse...look at Pelosi & Schumer...I really don't want to myself...makes me want to go go Godzilla...

I'll say one thing about online shopping...I have mixed feelings about sending money to Amazon...but some stuff just cannot be found...and while I may not have an emergent need why tempt fate if this thing drags on the worst case trajectory?
Title: Re: Just commodities
Post by: patentlymn on March 24, 2020, 12:02:13 PM
I use Amazon a lot for stuff I would have to search for in person in stores that they may not have.

Tucker Carlson has a 5 1/2 min clip worth watching, about the Dems added stuff to the virus bill.

https://youtu.be/Un-DdiDJFns
Title: Re: Just commodities
Post by: paulh on March 24, 2020, 12:08:13 PM
Levin spelled them all out last nite in an interview with McCarthey, ::puke::
Title: Re: Just commodities
Post by: Libertas on March 24, 2020, 01:09:04 PM
I use Amazon a lot for stuff I would have to search for in person in stores that they may not have.

Tucker Carlson has a 5 1/2 min clip worth watching, about the Dems added stuff to the virus bill.

https://youtu.be/Un-DdiDJFns

And all I can find is a 2 lb bag of dry yeast...for $90!  Seems excessive!   ::cussing::
Title: Re: Just commodities
Post by: Alphabet Soup on March 25, 2020, 07:39:48 PM
Our idiot governor finally issued the "shelter in place" order today. We had been voluntarily doing the social distance thingy but apparently it wasn't good enough (even though the rate of infection had flattened out).

Grocery stores are generally acceptable. Spot shortages as one might expect. 

Everyone in my family who had jobs were cut loose today...
Title: Re: Just commodities
Post by: John Florida on March 25, 2020, 08:08:47 PM
Our idiot governor finally issued the "shelter in place" order today. We had been voluntarily doing the social distance thingy but apparently it wasn't good enough (even though the rate of infection had flattened out).

Grocery stores are generally acceptable. Spot shortages as one might expect. 

Everyone in my family who had jobs were cut loose today...

 Great just great!
Title: Re: Just commodities
Post by: Libertas on March 26, 2020, 08:22:10 AM
Wow, that sucks.  Hopefully they have a cushion to bridge the gap until something can be found.
Title: Re: Just commodities
Post by: Alphabet Soup on March 26, 2020, 10:42:56 AM
Wow, that sucks.  Hopefully they have a cushion to bridge the gap until something can be found.

Just call me "cushion"...
Title: Re: Just commodities
Post by: Libertas on March 26, 2020, 11:33:11 AM
Wow, that sucks.  Hopefully they have a cushion to bridge the gap until something can be found.

Just call me "cushion"...

Seems a little informal for such a noble act...

Chief Soup.   ::thumbsup::
Title: Re: Just commodities
Post by: John Florida on March 26, 2020, 05:00:16 PM
Wow, that sucks.  Hopefully they have a cushion to bridge the gap until something can be found.

Just call me "cushion"...


    You the man!! Take care of out families it's what we do.
Title: Re: Just commodities
Post by: Alphabet Soup on March 26, 2020, 09:04:46 PM
Wow, that sucks.  Hopefully they have a cushion to bridge the gap until something can be found.

Just call me "cushion"...

Seems a little informal for such a noble act...

Chief Soup.   ::thumbsup::

I also go by Pin...

 ::curtsy4::
Title: Re: Just commodities
Post by: AlanS on March 26, 2020, 09:35:56 PM
Wow, that sucks.  Hopefully they have a cushion to bridge the gap until something can be found.

Just call me "cushion"...

At least they're Blessed to have you available.

So far my kids still have jobs. Youngest got laid off, but went back to a previous employer. Hasn't been able to start work yet because of this stupid shutdown.
Title: Re: Just commodities
Post by: patentlymn on March 27, 2020, 08:52:43 PM

I went out again to cub in Fridley MN. Cheap corned beef! yay!
Salted butter was gone. Tons of chicken. Bought premade lasagna and cinnamon breads.
Liquor store has vodka.
Title: Re: Just commodities
Post by: John Florida on March 28, 2020, 10:32:06 AM
 ::danceban:: ::bustamove::
Title: Re: Just commodities
Post by: Libertas on March 29, 2020, 10:23:56 AM
As Vinny would say I got enough food to handle five assholes a sitting...and enough booze to kill me dozens of times over...but the latter is almost constantly universally true.   ;D
Title: Re: Just commodities
Post by: Libertas on April 08, 2020, 12:30:20 PM
The Tylerz got Putin pudding all over their faces again...

https://www.zerohedge.com/energy/oil-deal-verge-collapse-russia-balks-proposed-us-production-cut (https://www.zerohedge.com/energy/oil-deal-verge-collapse-russia-balks-proposed-us-production-cut)

...the DOE wants its cake and eat it too?  Really, so you and your Master were expecting the US to lead the pack in cuts so you could slip in a few extra millions barrels to the market when the price rose?  Your typical maneuver (since we both know the Saudi's never honor jack shyt...all the Gulf States do is take turns breaking agreements) didn't work because unlike the Muzzie Communist Bi-sexual Halfrican Obama this President knows BS when he sees it!

(https://images2.imgbox.com/bc/af/qQU33WnY_o.jpg)

(https://images2.imgbox.com/9a/8b/sy3DXOTn_o.gif)

(https://images2.imgbox.com/98/c8/OgQoiIBW_o.gif)
Title: Re: Just commodities
Post by: Libertas on April 10, 2020, 08:16:37 AM
Bwuuhaahaaa!  And Mexico blows up the Putin scheme!

https://www.zerohedge.com/energy/late-thriller-opec-production-cut-deal-collapses-after-mexico-balks (https://www.zerohedge.com/energy/late-thriller-opec-production-cut-deal-collapses-after-mexico-balks)

Trump's fault too, eh Vlad?

 ;D
Title: Re: Just commodities
Post by: paulh on April 10, 2020, 09:10:16 AM
Three grocers two days in a row, shelves empty. Mandatory face mask to enter
Title: Re: Just commodities
Post by: Libertas on April 10, 2020, 09:25:03 AM
I just wore med-grade gloves...shelves fine except for paper products (only found napkins), Vit-C, bleach...everything else was available.
Title: Re: Just commodities
Post by: ToddF on April 10, 2020, 03:21:44 PM
My wife was in Taiwan during SARS.  She retained her stash of medical grade masks.   ::thumbsup::  Who could have known?

So I wear one in the store, now.  Found everything I needed in HyVee a little while ago.  Costco now has plenty of TP.  Still no Perdu chicken nuggets.   ::whatgives::
Title: Re: Just commodities
Post by: Libertas on April 10, 2020, 04:03:04 PM
My wife was in Taiwan during SARS.  She retained her stash of medical grade masks.   ::thumbsup::  Who could have known?

So I wear one in the store, now.  Found everything I needed in HyVee a little while ago. Costco now has plenty of TP.  Still no Perdu chicken nuggets.   ::whatgives::

Perfect timing.

(https://images3.imgbox.com/40/4f/zgKgiWP2_o.jpg)
Title: Re: Just commodities
Post by: Pandora on April 10, 2020, 11:20:27 PM
My wife was in Taiwan during SARS.  She retained her stash of medical grade masks.   ::thumbsup::  Who could have known?

So I wear one in the store, now.  Found everything I needed in HyVee a little while ago.  Costco now has plenty of TP.  Still no Perdu chicken nuggets.   ::whatgives::

You don't need no gawdam chicken nuggets.  What'r'yu six?  Buy a breast, make your own nuggets.

My friend tells me she's after buying tater tots.  "Tater tots?", I say, " what's wrong with you?  You're fifty++ years old; what's up with the tater tots?"  She tells me she likes 'em with her fish sticks.  I'd've liked to strangle her.

On the other hand, she was taken to the hospital tonight for surgery, her weight-loss bypass got perforated.  Please, please, pray for my friend, Chelle.
Title: Re: Just commodities
Post by: ToddF on April 11, 2020, 08:31:45 AM
Low carb, low calorie, tasty instant microwave snack.  My 235 pound self preferred Doritos, but my 160 pound self digs the nuggets.
Title: Re: Just commodities
Post by: Libertas on April 11, 2020, 10:54:11 AM
Tots...love 'em...in Tater-Tot hot dish...er casserole...whatever!   ;D  My 245lb self liked it...and my 225lb self still likes it! 

Brother had gastro bypass years ago...hope Chelle's surgery goes well.   ::praying::
Title: Re: Just commodities
Post by: John Florida on April 11, 2020, 12:44:23 PM
  Please the wife has bee after hash browns for two weeks and I have 10 pounds of taters in the pantry.

    ::praying:: for Chelle
Title: Re: Just commodities
Post by: Libertas on April 14, 2020, 09:32:10 AM
Gold back over $1700...Central Banks buying more...combined with a diluted dollar by monetizing trillions in C-19 bailouts normally a bad combination...but the collapse of consumer prices in gas, food, etc is mitigating that...but for the long term if this economy doesn't re-launch well...

 ::foilhathelicopter::
Title: Re: Just commodities
Post by: paulh on April 15, 2020, 06:33:57 AM
Had a $2400 surprise in my bank acct this AM, too bad there's nothing open
Title: Re: Just commodities
Post by: ToddF on April 15, 2020, 07:19:13 AM
Spending my welfare check locally.  Had an antenna installed in the attic, two days ago, and have a window that's in the process of being manufactured.  Tim Walz may not approve, but

 ::effu::
Title: Re: Just commodities
Post by: Libertas on April 15, 2020, 09:06:01 AM
If he doesn't like that he'll really not like my plans...   ::evilbat::
Title: Re: Just commodities
Post by: ToddF on April 20, 2020, 04:24:53 PM
Well that was an interesting ride...

I wonder if Eddie Murphy and Dan Aykroyd were down on the oil trading floor, working their magic?
Title: Re: Just commodities
Post by: Pablo de Fleurs on April 20, 2020, 08:32:28 PM
Well that was an interesting ride...

I wonder if Eddie Murphy and Dan Aykroyd were down on the oil trading floor, working their magic?

Not much magic to work . . . the floor just dropped out of the oil industry ($1.03/barrel) -- MASSIVE repercussions . . .

Reality just made a major shift

Oil Armageddon (https://www.youtube.com/watch?v=wQuXDvA8l24)

-------------------------------------------------

(Bloomberg) -- Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading.

The price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory -- minus $37.63 a barrel. The reason: with the pandemic bringing the economy to a standstill, there is so much unused oil sloshing around that American energy companies have run out of room to store it. And if there’s no place to put the oil, no one wants a crude contract that is about to come due.

Underscoring just how acute the concern is over the lack of immediate storage space, the price on the futures contract due a month later settled at $20.43 per barrel. That gap between the two contracts is by far the biggest ever.
Title: Re: Just commodities
Post by: John Florida on April 20, 2020, 09:18:17 PM
  I bet some traders got their asses handed to them.  Wasn't Chicago Gabe a futures trader?
Title: Re: Just commodities
Post by: Septugenarian on April 20, 2020, 09:19:30 PM
The National Strategic Reserve is being refilled at low cost to we taxpayers.  Small victory, bad for the producers and the folks that work in the industry.
Title: Re: Just commodities
Post by: Weisshaupt on April 21, 2020, 08:49:44 AM
The real question here is if this will allow the rest of the world to escape the petro-dollar trap.. dumping their dollar reserves while Washington is panic buying  and buying oil to sit on for a while..

There will be a lot of economic destruction..but I expect "something is better than nothing" reasoning to prevail. Your business missed the rent for 3 months, but you can start paying again in the 4th? You don't evict tenants for not paying rent because they were forbidden to produce by forces outside their control -- especially when they can then start being good paying tenants again  when they are free to go to work.  People will have less money this year, and less will get spent..but day to day we simply get back to business

There is a lot of chatter about how "behavior will change" and people won't go out as much or -- whateves... if the last decade has taught me anything - people are really stupid. They will go back to "normal" as soon as they are able... Some - a small number - may learn a lesson form this and change their behavior - and they may decide to prep or save when they would have spent money  in other ways before.. but the effect will be small.  I expect businesses that were successful before  SARS2 will be successful after.  Oil demand will return and investments will go back into the stock market..

If we are lucky - the regulations Trump suspended will stay suspended - but I wouldn't count on it. If we are lucky this prompts some changes in supply chain where we don't rely on places like China for meds and other manufacturing.
 But we have a brand new money supply bomb on our hands.. if that money stays sequestered making balance sheets look good, then we probably keep going on for a while more.. however if the world finally drops the dollar - for oil pricing , or anything else, we can expect Japanese Style malaise as our climbing debt can only be printed and bought by our homegrown  crony capitalist/central bankers...  though I suspect we will stay in bed and in lock step with the EU doing dollar swaps. 

I expect we will see another round of "hey this package contains even less than before" and price hikes, and a general lowering in the American standard of living.. which of course the Democrats will seize upon to sell their new deal ( same as the old deal)  to to urban city morons. If they win the election -  we get tyrannical BS that leads to assassinations, and civil war.  If Trump wins -  we get the same, just from Antifa instead of police..
 
Of course, I would love to see Trump call forth the militia - but calling forth only registered Republicans... use the Militia act to buy everyone member of the militia a new fully automatic military rifle. ..and then claim the Left was correct about the 2nd amendment all along - and that people not in the militia have no right to a firearm-- and then just go into the cities and take over. Won't have to fire a shot, I suspect the announcement itself would make the heads of most leftists explode.  And if not, why not?  After all, I hear Trump is a tyrant so he should start acting like one..  and people who refuse to respect the rights of others, can't really expect the people they wrong to continue to honor their rights... Ok leftists, you win. Its your rules.  No more negotiated contract between us. Might Makes Right.

I don't think we are full teotwawki yet, but seeing it in the cards being dealt out, so get ready to see it played at some point soon.  As things return to "normal" its time to get restocked and lay in any final things you think you might need as the world burns (Toilet Paper is probably not one of them... boy the sheeple were sure funny.. )



Title: Re: Just commodities
Post by: Pandora on April 21, 2020, 03:29:49 PM
As we're slowly using up some of our stock, some will need replacing.  I thank God we are as well positioned as we are, in terms of supplies.

There is still little to no toilet paper in the stores.  SO, WHERE THE HELL IS IT?!
Title: Re: Just commodities
Post by: John Florida on April 21, 2020, 05:47:02 PM
The National Strategic Reserve is being refilled at low cost to we taxpayers.  Small victory, bad for the producers and the folks that work in the industry.
   

  Right now oils is cheap but its in the short term . Fill the reserves to capacity costs less and it opens up storage for the producers which they are desperate for. You can bet on oil going up in the next 30/60 days as the countries open up again and the fight between the Saudis and Russia ends and ends with a much weaker Russia.
Title: Re: Just commodities
Post by: John Florida on April 21, 2020, 05:56:22 PM
  If I had to bet toilet paper orders have been cut because the stores don't want to order the stuff with all the ridiculous hoarding going on.   We don't have a food shortage even with supply chain being closed like meat packers and so on.  The problem now is that producers have to destroy crops animals because they have nowhere to go with the products because a large part of the market is closed IE restaurants.


  China according to RFDTV has a pork shortage and has had to dip into their pork reserves production is down due to (get this) African swine flue killing the pigs. Prices have more than doubled.  Too bad so sad.
Title: Re: Just commodities
Post by: patentlymn on April 22, 2020, 05:55:07 PM


There was a post over at Vox Day about some US maker of masks as best I recall. With the shortage he can ramp up and make more. The hospitals normally buy from China. After the shortage the hospitals will go back to China. He will lay off the extra employees hired which means he pays more in unemployment payroll rates. He is not about to invest in more equipment when orders will go back to China in a few months.

NN Taleb said that the economy is hyper optimized but very fragile. Meat cutting used to be very distributed, even done in grocery stores by butchers. Then it was cheaper to have the butchering done in meat packing plants.  Then the meat packing plants got bigger and bigger and companies got bigger. Now shutting down a single meat packing plant can have major consequences.
Title: Re: Just commodities
Post by: Pandora on April 22, 2020, 09:19:24 PM


There was a post over at Vox Day about some US maker of masks as best I recall. With the shortage he can ramp up and make more. The hospitals normally buy from China. After the shortage the hospitals will go back to China. He will lay off the extra employees hired which means he pays more in unemployment payroll rates. He is not about to invest in more equipment when orders will go back to China in a few months.

NN Taleb said that the economy is hyper optimized but very fragile. Meat cutting used to be very distributed, even done in grocery stores by butchers. Then it was cheaper to have the butchering done in meat packing plants.  Then the meat packing plants got bigger and bigger and companies got bigger. Now shutting down a single meat packing plant can have major consequences.

Got links?
Title: Re: Just commodities
Post by: Weisshaupt on April 23, 2020, 03:09:26 PM
The real thing that is about to happen is a meat shortage - because the processing plants are shut down they are starting to kill chickens, hogs, cows because farmers can't get them processed and can't afford to keep feeding them.. they are dumping raw milk, and a lot of other produced can't be packaged properly because it was meant for the large restaurant market.  And of course there are huge regulatory issues with self-slaughter/direct form farm products  for sale.. Its not inspected!

The result is that what meat makes it to market is going to be super expensive  and its not going to recover quickly - dead animals are dead -- so make sure you find out if anyone is doing a large slaughter near you and buy those animals direct - YOU can slaughter them for your own use - the farmer can't legally sell you the animal after its dead. Get those freezers stocked, and continue to raise and feed animals if you have a place to do so.. Rabbits, Chickens, goats.... 
Title: Re: Just commodities
Post by: ToddF on April 23, 2020, 06:11:55 PM
I've seen other people say that there's some extra capacity to absorb some of these shutdowns.  The price increases I've seen so far are more driven by supply chain disruptions between restaurants and retail grocery stores.  Like cheap roasts going up in price and steaks coming down.  Eggs.  That sort of thing.

We'll see.
Title: Re: Just commodities
Post by: patentlymn on April 23, 2020, 06:12:28 PM


There was a post over at Vox Day about some US maker of masks as best I recall. With the shortage he can ramp up and make more. The hospitals normally buy from China. After the shortage the hospitals will go back to China. He will lay off the extra employees hired which means he pays more in unemployment payroll rates. He is not about to invest in more equipment when orders will go back to China in a few months.

NN Taleb said that the economy is hyper optimized but very fragile. Meat cutting used to be very distributed, even done in grocery stores by butchers. Then it was cheaper to have the butchering done in meat packing plants.  Then the meat packing plants got bigger and bigger and companies got bigger. Now shutting down a single meat packing plant can have major consequences.

Got links?

Found it. The last link is best. The original source.
http://voxday.blogspot.com/2020/04/make-them-do-it.html (http://voxday.blogspot.com/2020/04/make-them-do-it.html)
https://market-ticker.org/akcs-www?post=239019 (https://market-ticker.org/akcs-www?post=239019)
https://www.dallasnews.com/news/watchdog/2020/04/03/if-you-imagine-that-a-local-business-making-surgical-face-masks-is-working-247-guess-again (https://www.dallasnews.com/news/watchdog/2020/04/03/if-you-imagine-that-a-local-business-making-surgical-face-masks-is-working-247-guess-again)
Title: Re: Just commodities
Post by: patentlymn on April 23, 2020, 07:15:42 PM
The real thing that is about to happen is a meat shortage - because the processing plants are shut down they are starting to kill chickens, hogs, cows because farmers can't get them processed and can't afford to keep feeding them.. they are dumping raw milk, and a lot of other produced can't be packaged properly because it was meant for the large restaurant market.  And of course there are huge regulatory issues with self-slaughter/direct form farm products  for sale.. Its not inspected!

The result is that what meat makes it to market is going to be super expensive  and its not going to recover quickly - dead animals are dead -- so make sure you find out if anyone is doing a large slaughter near you and buy those animals direct - YOU can slaughter them for your own use - the farmer can't legally sell you the animal after its dead. Get those freezers stocked, and continue to raise and feed animals if you have a place to do so.. Rabbits, Chickens, goats....

Interesting post. I wish I were in a position to buy a steer. Long ago my parents had a meat locker at A&P or Piggly Wiggly. They would buy half a steer as I recall. So long ago.

Maybe the govt could do something useful and buy cheese to distribute.

Michael Hudson says that the govt screwed up big time by not using TARP to forgive homeowner mortgage debts.  Also by not requiring the financial institutions to file for bankruptcy. The TARP money went to the 1% and the consumer debt from 2008 is still mostly around.
Title: Re: Just commodities
Post by: Libertas on April 24, 2020, 10:02:29 AM
The National Strategic Reserve is being refilled at low cost to we taxpayers.  Small victory, bad for the producers and the folks that work in the industry.
   

  Right now oils is cheap but its in the short term . Fill the reserves to capacity costs less and it opens up storage for the producers which they are desperate for. You can bet on oil going up in the next 30/60 days as the countries open up again and the fight between the Saudis and Russia ends and ends with a much weaker Russia.

Truckers probably loving the price drop too, nationally the gas price is around $1.79, diesel is $2.48 perAAA. 
https://gasprices.aaa.com/

WTI (West Tx Crude) futures keep floating above/below the $17/bbl mark...for the time being retail should stay low, once states start to re-open and businesses come back it will pick up, but not too quickly I suspect...and then it will level out some point lower than before all this started.

I bought meat when everybody else was running for TP...nothing to wipe if you don't eat.  Probably buy some more as I have some available freezer space.  The distribution chain in most all things is what is causing most "shortages" at retail.  For meat I am somewhat skeptical there should be as much disruption, in my mind it should affect mostly non-farm-producing areas, farm-producing areas should be able to provide meat to area retail.  And restaurants cannot account for the logjam, people eat...they either eat out or eat in...which indicates if people eating out a lot more than in...they are also probably eating more in quantity than is necessary for basic sustenance.  Restaurants miss fat bastards and drunks, film at 11.

We've pissed trillions into the murdered economy...and most of it will be monetized though there has been pick ups in Treasuries as people fled the Wall St casinos.  Short-term looks survivable.  But as Weisshaupt points out the long-term is still in (now more) jeopardy...given uncertain political, societal and economic turbulance.  What should happen is a doubling-down of the Trump America comes first plan, returing manufacuring of key medical and drug manufacturing here, we should be divesting from China...make it a moral crusade like the one the leftists ran against South Africa in support of black nationalist communists...become more sustainably independent as a nation.  That should be the goal.  First, we have a re-start to do, tyranny to roll back, and election coming up we cannot allow to be stolen.

That's a lot of if's...

I posted an Aesop article on the C-19 thread...it's a good primer for where we are going.

https://itsaboutliberty.com/index.php/topic,17562.msg184264/topicseen.html#msg184264
Title: Re: Just commodities
Post by: Pandora on April 24, 2020, 11:51:21 AM
Libertas, the tags in the previous post are messed up.

There will be food shortages, and that includes meat, because a lot of the processing plants (butcheries) are shut down (for cleaning and "sanitizing") as one or more of the workers has come down with Chicom19.  Milk is being dumped because the bottling plants are closed; eggs are being destroyed because there are carton shortages. 

The chicken plants around here are selling directly to the public (another two are doing out-of-truck sales this weekend); I don't know why the egg/milk/beef/pork producers can't do the same, but apparently there are prohibiting laws still in effect.

All of this may closing had been started to "flatten the curve", as in trying to keep us from becoming dead, but now has progressed to trying to keep us from becoming sick.  The first worked (I suppose) but the latter is a losing proposition unless we stay under house arrest forever, which accounts for the current blather about the 'second wave'.
Title: Re: Just commodities
Post by: Libertas on April 24, 2020, 02:02:44 PM
I fixed it, don't know wtf happened, it was right, not sure why it did that, not like the open/close url command was wrong...?

Anyway...the smart thing to do would be to amend regs to allow residential deliveries...but that makes sense so it probably won't happen, certainly not everywhere...when authoritarian control is raging.   ::outrage::
Title: Re: Just commodities
Post by: Weisshaupt on April 24, 2020, 03:54:57 PM
My understanding is that the milk is being dumped for lack of a filter needed for pasteurization - eggs for lack of cartons , meat for closed packing plants and so forth..
It many places its illegal to sell raw milk, and you can't sell butchered meat without FDA inspection of your facility--and of course there are "Special " inspectors for  doing exotic animals-- like Yaks.

If there is a shortage and people have to choose between obeying the law and eating , these sales will still happen - but in the black market - with uncertain chains of custody  and refrigeration..Just saying, making that deal with a framer now may save you having to find the black market later..  he may even sell to you as a "friend"  cheaper  -- since the black market prices will likely be much higher.

THe supply chain can handle some slop - just like it does in 3rd world countries -- individuals aren't the only ones who use the black market - the more things fall apart, the less enforcement there is or can be, and corruption becomes the norm..  this means that the Governments will have a hard time getting people to obey ( ever again)  and "legit" is anything you don't get caught and punished for.  Its not the best way to run a society.. but  its what they do in the 3rd world and most everyone (with a job) eats, albeit it at a lower standard of living. The closer you get to being your own supply chain now the less this will affect you. (till they start trying to squeeze suppliers, like Rome did demanding Farmers farm their land for free... but then it might be time to squeeze some triggers.)
 
The Dems will do  everything they can to make this hard - they never want to let a crisis to go to waste, and Food Riots in the cities around election time is probably thier main plan for garnering votes.  I am hungry, stupid, lazy and broke and Democrats promise a hand out.. I will vote Democrat.. (note we are seeing the first wave ofpeople upset they aren't getting fired because unemployment will pay full wages plus a $500 a month bonus now... thanks Democrats!)

And then there is AOC and her assertion that working is something to be liberated from - not being free to go to work.

https://disrn.com/opinion/opinion-2-different-ways-of-being-an-american-2-different-ways-of-being-a-human-being

At least Marx wanted everyone to work ( at gun point) - AOC wants some people to not work on the back of peole who do.. or as I saw somewhere "Non-workers of the World Unite!"

Title: Re: Just commodities
Post by: Pandora on April 24, 2020, 06:30:40 PM
Quote
My understanding is that the milk is being dumped for lack of a filter needed for pasteurization ...

Well WTF and other strong language!!  Nobody has the brains or is interested enough to come up with a reasonable facsimile thereof??  I don't fckin believe that for a minute; it's probably some damn law, laws or regulations sticking its big fat nose in the way.

I put out the word to a friend recently, who's raising beef, about him being our supply chain.  We'll see what happens. 

But I'll tell y'all what -- I'M PISSED.  COLD AS A WALK-IN FREEZER, HEART RATE STEADY AS EVER, PISSED.

There better be a widespread reckoning or there will be a local one, but THERE WILL BE ONE.

Quote
... As for what will become of the tyrants of the Empire State, the Tarheel State, and the Land of Fruits and Nuts, the future has yet to speak. (If it speaks to you, keep it to yourself. Please.) But Nicolae Ceausescu of Romania could educate them about the fate that awaits the tyrant who clings over-stubbornly to his “power,” once his subjects have decided that only the most definite and permanent of answers to overweening authority will serve their needs.

http://bastionofliberty.blogspot.com/2020/04/by-permission-only.html (http://bastionofliberty.blogspot.com/2020/04/by-permission-only.html)

I picked a real shtty time to quit smoking.
Title: Re: Just commodities
Post by: Weisshaupt on April 25, 2020, 06:20:00 AM
https://www.businessinsider.com/milk-produce-beer-whats-being-dumped-coronavirus-pandemic-2020-4#pigs-5 (https://www.businessinsider.com/milk-produce-beer-whats-being-dumped-coronavirus-pandemic-2020-4#pigs-5)

https://www.farmanddairy.com/news/why-milk-is-being-dumped-right-now/607891.html (https://www.farmanddairy.com/news/why-milk-is-being-dumped-right-now/607891.html)

https://www.inquirer.com/economy/coronavirus-supply-chain-disruption-dairy-farmers-dump-milk-20200421.html (https://www.inquirer.com/economy/coronavirus-supply-chain-disruption-dairy-farmers-dump-milk-20200421.html)

I can't seem to find the "filter" article.. but my understanding is that it is a FDA requirement to complete he pasteurization process - it may have just been the reason one packaging plant gave .. I don't recall.  But I don't think the specific reason matters. the supply chain is f'd  and you should expect it to get worse before it gets better.

If you put on your tinfoil  hat  this could also be seen as an attempt to wipe out small farmers so only big corporations are left.
Title: Re: Just commodities
Post by: Alphabet Soup on April 25, 2020, 10:00:47 AM
Greetings and salutations fellow inmates, prisoner number 24666 here. I hope y'all are putting a polish on your coping mechanisms and generally out-waiting the dhimmicrats desire to strangle the life outta us with this damned lockdown.

I've managed to keep an even keel for the most part but my outlook in general is taking a beating. My friend BPS (Black Pigeon Speaks) isn't doing my blood pressure any favors:

Trump: America's LAST Republican President
https://www.youtube.com/watch?v=N3gYLOoqrTE (https://www.youtube.com/watch?v=N3gYLOoqrTE)




Title: Re: Just commodities
Post by: John Florida on April 25, 2020, 04:38:06 PM
   We had one party rule once and we all know how that ended up.   ::viking:: ::crusader:: ::machinegun::
Title: Re: Just commodities
Post by: Libertas on April 27, 2020, 08:41:12 AM
I'm in the mood for  ::rockets:: simply because  ::cussing:: commies are near me.

The Reckoning...it's gonna be a killer!
Title: Re: Just commodities
Post by: Libertas on May 01, 2020, 08:45:04 AM
So, it is with great interest that we note that CME Group said its Chicago Mercantile Exchange subsidiary entered into an amended credit facility for a $7 billion revolving secured credit facility.

As Bloomberg reports, in a U.S. Securities and Exchange Commission filing, CME it entered into an amendment to its 364-day multi-currency credit facility with Bank of America N.A., as administrative agent, Citibank N.A., as collateral agent and collateral monitoring agent and some of the banks under its existing facility.

The amended facility is for a multi-currency revolving secured credit facility of $7 billion, which is eligible to be increased to $10 billion.

Specifically, the filing says, the new credit facility is "intended to provide temporary liquidity to CME in the event of a clearing member default, a liquidity constraint or depositary default, or in the event of a delay in the payment systems utilized by CME."

https://www.zerohedge.com/markets/after-gold-oil-contract-chaos-cme-group-secures-7-billion-credit-line-case-clearing-member (https://www.zerohedge.com/markets/after-gold-oil-contract-chaos-cme-group-secures-7-billion-credit-line-case-clearing-member)

All the reward...none of the risk...not wanting to stop the music and find out who is sans chair...

Another factoring house, yeah, that's the ticket!

 ::)
Title: Re: Just commodities
Post by: Libertas on July 21, 2020, 08:12:33 AM
Good thing I acquired more...

https://www.zerohedge.com/markets/silver-soaring-again-citi-sees-2000-gold-imminent (https://www.zerohedge.com/markets/silver-soaring-again-citi-sees-2000-gold-imminent)

...sure the latest boating accident was a hiccup but at the bottom of a lake is a vast treasure only getting more valuable.
Title: Re: Just commodities
Post by: Libertas on August 06, 2020, 08:36:54 AM
Recent run up...

https://www.zerohedge.com/markets/despite-big-july-gains-silver-still-historically-undervalued (https://www.zerohedge.com/markets/despite-big-july-gains-silver-still-historically-undervalued)

...glad I acquired some several months ago, even despite another unfortunate boating accident...

...and seems like...forever...silver has been undervalued to gold...nothing "new" there...

...as always...is this legit or just another pump-and-dump op?
Title: Re: Just commodities
Post by: Libertas on February 01, 2021, 09:20:44 AM
Is this an indication of things starting to pop or a long overdue correction in the under-spread of Ag to AU?

(https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_mobile/public/inline-images/silver%202.1.jpg)

https://www.zerohedge.com/commodities/its-been-nuts-silver-surges-most-lehman-bankruptcy-hits-7-year-high-over-30 (https://www.zerohedge.com/commodities/its-been-nuts-silver-surges-most-lehman-bankruptcy-hits-7-year-high-over-30)

(https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2021-01-31_0.jpeg)

I'm thinking this might be the flag to look out for -

(https://media.gab.com/system/media_attachments/files/063/959/984/original/ff3c33224dfa2ce3.png)
H/T-WRSA@GAB

It appears some are interested in challenging to statist "reset" cabal. 

 ::deercorn::
Title: Re: Just commodities
Post by: ToddF on February 01, 2021, 10:04:03 AM
1980 called.  It wants the Hunt Brothers back.
Title: Re: Just commodities
Post by: Libertas on February 01, 2021, 10:25:50 AM
Oh yeah...you are old.   ::hysterical::

Well, I'm, there with ya!   ;D
Title: Re: Just commodities
Post by: ToddF on February 01, 2021, 05:56:10 PM
In 1980, every silver quarter I had was magically worth $7.50.  That was real money for a teen.  Too bad it all went poof, literally overnight.
Title: Re: Just commodities
Post by: Libertas on February 02, 2021, 08:08:20 AM
Yeah, it's all about timing...and now days that's measured in like picoseconds vs hours...
Title: Re: Just commodities
Post by: Libertas on February 02, 2021, 09:50:32 AM
The monkey-hammering will continue until the slaves fall in line with their masters...

https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend (https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend)

Nice shearing and beat down at the same time.

https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing (https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing)

After-hours magical mystery tour...the show that never ends.

Title: Re: Just commodities
Post by: Weisshaupt on February 02, 2021, 10:34:11 AM
The monkey-hammering will continue until the slaves fall in line with their masters...

https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend (https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend)

Nice shearing and beat down at the same time.

https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing (https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing)

After-hours magical mystery tour...the show that never ends.




The only people getting hurt are the big banks -  as we have been waiting for - there is finally "a run" on physical silver.
Apmex can't get any -- and both Gold and Silver spot prices dropped today - and Apmex raised the premiums by the same amount .  Getting real gold in your hands is going to be $2000/oz and real silver $40/ Oz

 and if this actually breaks the manipulation for good.. then we can expect the 1:15 ratio in gold and silver to return - meaning silver is likely to go to over $100/oz

Thinks are getting frisky .. and the end game is coming
Title: Re: Just commodities
Post by: Libertas on February 02, 2021, 10:46:32 AM
The monkey-hammering will continue until the slaves fall in line with their masters...

https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend (https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend)

Nice shearing and beat down at the same time.

https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing (https://www.zerohedge.com/markets/most-shorted-stocks-are-crashing)

After-hours magical mystery tour...the show that never ends.




The only people getting hurt are the big banks -  as we have been waiting for - there is finally "a run" on physical silver.
Apmex can't get any -- and both Gold and Silver spot prices dropped today - and Apmex raised the premiums by the same amount .  Getting real gold in your hands is going to be $2000/oz and real silver $40/ Oz

 and if this actually breaks the manipulation for good.. then we can expect the 1:15 ratio in gold and silver to return - meaning silver is likely to go to over $100/oz

Thinks are getting frisky .. and the end game is coming

Yes, I lost track of how many years I've been waiting for some rebalance in the Ag:Au ratio...a long time coming and yeah, things could be getting spicey...but the manipulators won't go down easy...and with banks (actually the Fed) with their balls on the cutting board...we could see a fracturing of the power centers beginning...and a hard break would get really spicey then.
Title: Re: Just commodities
Post by: Libertas on March 31, 2021, 01:25:30 PM
Talking with a insider on PM market...seeing if any movement in reducing premiums...spreads are still high...and expecting retail and industrial demand to stay strong...just trying to see how honest they'll be with me...

Thinks it might be easing a bit...not a firm answer but perhaps the best to be expected...the hunt goes on...
Title: Re: Just commodities
Post by: Libertas on April 23, 2021, 08:26:23 AM
Well, wine is a commodity...one I partake of from time to time...and looks like a bad frost at French vineyards might be decimating yield...

https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine (https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine)

...no mention of competitors, so as long as no impacts elsewhere the only impact may be slightly higher prices as demand shifts and greatly higher prices for those who must have French.  Don't know about the US, still a drought on out west?  Irrigation means those costs get passed along into final product as well, so domestic may not be necessarily all that less expensive.
Title: Re: Just commodities
Post by: Lady Virginia on April 30, 2021, 10:14:59 AM
Well, wine is a commodity...one I partake of from time to time...and looks like a bad frost at French vineyards might be decimating yield...

https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine (https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine)

...no mention of competitors, so as long as no impacts elsewhere the only impact may be slightly higher prices as demand shifts and greatly higher prices for those who must have French.  Don't know about the US, still a drought on out west?  Irrigation means those costs get passed along into final product as well, so domestic may not be necessarily all that less expensive.

My daughter got married last year and they stocked the bar for the reception. So I have a closet full of unopened wine and spirits that didn't get opened. At first I wasn't happy to be stuck with it. But now it's looking like an excellent resource to have for trade, medicinal purposes or just to drink.
Title: Re: Just commodities
Post by: Pandora on April 30, 2021, 11:42:05 AM
Well, wine is a commodity...one I partake of from time to time...and looks like a bad frost at French vineyards might be decimating yield...

https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine (https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine)

...no mention of competitors, so as long as no impacts elsewhere the only impact may be slightly higher prices as demand shifts and greatly higher prices for those who must have French.  Don't know about the US, still a drought on out west?  Irrigation means those costs get passed along into final product as well, so domestic may not be necessarily all that less expensive.

My daughter got married last year and they stocked the bar for the reception. So I have a closet full of unopened wine and spirits that didn't get opened. At first I wasn't happy to be stuck with it. But now it's looking like an excellent resource to have for trade, medicinal purposes or just to drink.

I think you've got the possible uses out of order.  Just sayin'.       :supercool:      ::beertoast::

eta:  Oh, and congratulations on your daughter's nuptials.
Title: Re: Just commodities
Post by: Alphabet Soup on April 30, 2021, 09:43:14 PM
Well, wine is a commodity...one I partake of from time to time...and looks like a bad frost at French vineyards might be decimating yield...

https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine (https://www.zerohedge.com/commodities/agricultural-disaster-frost-blast-decimates-french-vineyards-may-slash-total-wine)

...no mention of competitors, so as long as no impacts elsewhere the only impact may be slightly higher prices as demand shifts and greatly higher prices for those who must have French.  Don't know about the US, still a drought on out west?  Irrigation means those costs get passed along into final product as well, so domestic may not be necessarily all that less expensive.

My daughter got married last year and they stocked the bar for the reception. So I have a closet full of unopened wine and spirits that didn't get opened. At first I wasn't happy to be stuck with it. But now it's looking like an excellent resource to have for trade, medicinal purposes or just to drink.

Hey, the party's at Lady Virginia's!

 ::whoohoo::
Title: Re: Just commodities
Post by: Libertas on May 03, 2021, 08:18:43 AM
Oh my...could start a stampede...at least (unlike Hank Johnson) we know Virginia won't tip and sink from the influx...
Title: Re: Just commodities
Post by: Lady Virginia on May 09, 2021, 11:06:31 PM
always ready for a party!

especially since this past year when a gathering is/was so subversive.... :supercool:

so we're actually drinking it...but there's plenty
 ::thumbsup:: ::thumbsup:: ::thumbsup::
Title: Re: Just commodities
Post by: Libertas on May 10, 2021, 07:52:47 AM
Yay!  All for joyous subversion!

 ::beertoast::
Title: Re: Just commodities
Post by: Lady Virginia on May 10, 2021, 07:36:01 PM
Yay!  All for joyous subversion!

 ::beertoast::

that's been our theme this year...

Title: Re: Just commodities
Post by: Libertas on May 11, 2021, 08:18:50 AM
Another theme...since it appears healthy premiums show no sings of letting up and with inflation roaring and gas schemes and whatnot raging...is "get it in your hand while you can"...

https://www.goldline.com/charts-news/real-time-market-prices (https://www.goldline.com/charts-news/real-time-market-prices)
Title: Re: Just commodities
Post by: Libertas on May 17, 2021, 08:29:29 AM
Obviously, for the JoeFraud crowd...if it works it must be undone!

https://www.zerohedge.com/geopolitical/white-house-working-roll-back-trumps-eu-metals-tariffs-despite-admitting-they-saved (https://www.zerohedge.com/geopolitical/white-house-working-roll-back-trumps-eu-metals-tariffs-despite-admitting-they-saved)

Back-births want a "level playing field" which is what Trump achieved and sealed agreements with...what these Marxist pricks want is a playing field where the elite can level the field and rape every last cent out of it...
Title: Re: Just commodities
Post by: Libertas on May 26, 2021, 08:41:07 AM
Well, going to be hard to dial back solar, I still say it is not a general panacea, it's a parallel source for most...but we could stabilize copper prices by knocking off the imbecilic wind farm BS!

(https://cms.zerohedge.com/s3/files/inline-images/copper-in-renewable-energy-1.jpg)

(https://cms.zerohedge.com/s3/files/inline-images/2021-05-25_13-26-06.jpg)

(https://cms.zerohedge.com/s3/files/inline-images/2021-05-25_13-26-32.jpg)

https://www.zerohedge.com/commodities/visualizing-copper-intensity-renewable-energy (https://www.zerohedge.com/commodities/visualizing-copper-intensity-renewable-energy)

Just another thing everybody can fight over...
Title: Re: Just commodities
Post by: Libertas on May 26, 2021, 08:48:16 AM
And this is a big yawn...

https://www.zerohedge.com/commodities/brazils-coffee-output-plunge-could-mean-starbucks-prices-are-set-rise (https://www.zerohedge.com/commodities/brazils-coffee-output-plunge-could-mean-starbucks-prices-are-set-rise)

...bummer, stinking Marxists have to pony up more for their overpriced java...yeah, that's a real shame...

 ::smallestviolin::

Everybody else should have stocked up their pantries.
Title: Re: Just commodities
Post by: Libertas on May 26, 2021, 09:28:48 AM
Oh my...

https://theconservativetreehouse.com/2021/05/25/biden-administration-will-import-metals-and-close-u-s-mines-to-appease-environmental-wing-of-party/

Quadruple-gang-rape Americans by whacking jobs, create more economic distress, escalate prices and shoot Marxist spit on free markets and Americna independence!

This illegitimate cheese-brained bastard, his masters and minions are a true biblical plague!!!
Title: Re: Just commodities
Post by: Lady Virginia on May 27, 2021, 02:59:47 PM


...bummer, stinking Marxists have to pony up more for their overpriced java...yeah, that's a real shame...

 ::smallestviolin::

Everybody else should have stocked up their pantries.

you know there are silver linings in this scamdemic---couldn't get my husband to stop the Starbucks until they closed for awhile and by the time they reopened he was used to me making his coffee...and then he got himself a keurig for work and a good  Italian coffee he likes...so no more Starbucks...

 ::danceban:: ::danceban:: ::danceban::
Title: Re: Just commodities
Post by: Pandora on May 27, 2021, 04:49:16 PM
Seems like he's doing okay, LV; last time you were around, he was recovering from (forgive me, hon, I don't remember what).
Title: Re: Just commodities
Post by: Lady Virginia on May 27, 2021, 05:42:15 PM
Seems like he's doing okay, LV; last time you were around, he was recovering from (forgive me, hon, I don't remember what).



he had a stroke but is doing fine now...
Title: Re: Just commodities
Post by: Pandora on May 27, 2021, 09:19:44 PM
So very glad to hear that.
Title: Re: Just commodities
Post by: Lady Virginia on May 27, 2021, 10:39:35 PM
 ::thumbsup::

Title: Re: Just commodities
Post by: Libertas on June 01, 2021, 08:49:33 AM
https://www.zerohedge.com/geopolitical/hunt-gas-war-drums-western-mediterranean (https://www.zerohedge.com/geopolitical/hunt-gas-war-drums-western-mediterranean)

Competition, therefore it cannot be bad.

Odd bedfellows though...
Title: Re: Just commodities
Post by: Libertas on June 04, 2021, 12:24:55 PM
(https://i0.wp.com/politicallyincorrecthumor.com/wp-content/uploads/2021/05/tweet-lauren-boebert-last-time-gas-prices-this-high-joe-biden-vice-president.jpg)
H/T-TBP
Title: Re: Just commodities
Post by: Libertas on June 10, 2021, 09:12:28 AM
https://www.zerohedge.com/commodities/first-european-physical-gold-atm-opens-prague-czech-republic (https://www.zerohedge.com/commodities/first-european-physical-gold-atm-opens-prague-czech-republic)

Curious about the security around these...the machines themselves and where they're located...as well as for people from those who would like to separate one from their purchase...or cash, before said purchase.

Here in the burbs I would be fine, I can dispense lead when exchanging fiat for shiny...I would probably be dumping every bit of loose change I had into the sucker if it was so near and easy!
Title: Re: Just commodities
Post by: patentlymn on June 10, 2021, 08:20:06 PM
https://www.zerohedge.com/geopolitical/hunt-gas-war-drums-western-mediterranean (https://www.zerohedge.com/geopolitical/hunt-gas-war-drums-western-mediterranean)

Competition, therefore it cannot be bad.

Odd bedfellows though...

Why does the title say the Western Mediteranean, not Eastern? Typo I guess.
Turkey invades Crete and takes over half and now uses Crete to claim lots of the Med between Crete and Libya. I think Turkey has troops in Libya or is muckng around there in other ways. Erdogan is very erratic. I doubt Russia cares much about this at all.

I am sure the US wants to lessen dependence on Russian gas but the US has Russia on the brain.  Years ago Russia was planning a pipeline through Greece. Germany vetoed it because of NATO and dependence on Russian gas. Greece would have made lots of money in transit fees. Then the Japanese nuke melted down in the tsunami and Germany freaked out about nuclear power. So Germany ran to Russia and begged for the Nordstream pipeline. Yes it was Germany's idea. So Russia agreeed. Germany had no problem now since they would get the transit fees. Screw Greece. The Greeks are still pissed about it.

Then with NS2 almost completed there are all these sanctions etc. Putin regretted his choice. Merkle screws every body.
Title: Re: Just commodities
Post by: Libertas on June 14, 2021, 08:04:31 AM
We should be saying screw Germany too, and the EU and Turkey and NATO...but with the DeepState pulling the strings there is zero chance anything sensible or responsible happens under illegitimate Joe and the Ho...they want to beat Russia and their proxies...even if it leaves to a scorched uninhabitable planet...

Abd yeah it was a typo/brainfart...I think they had West on the brain when talking of the East...
Title: Re: Just commodities
Post by: Libertas on June 21, 2021, 08:47:31 AM
Good news for farmers not impacted by drought...bad news for people and farmers who are struggling...

https://www.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle (https://www.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle)
Title: Re: Just commodities
Post by: Libertas on June 23, 2021, 08:07:04 AM
My point of view on this...

https://www.zerohedge.com/commodities/glencore-ceo-says-will-stay-elevated-longer (https://www.zerohedge.com/commodities/glencore-ceo-says-will-stay-elevated-longer)

...is it is just as likely to be "both".  In the modern world of flash trading and flash manipulation the only constant is schizoid markets...sometimes supply and/or demand matter, sometimes not...so I predict both deflationary and inflationary...in different segments and within the same segment...given the proper timeframe view.
Title: Re: Just commodities
Post by: Libertas on June 26, 2021, 10:07:17 AM
4 years?

(https://www.zerohedge.com/s3/files/inline-images/mentions%20inflation_4.jpg)

https://www.zerohedge.com/markets/bofa-crashes-transitory-party-sees-4-years-hyperinflation (https://www.zerohedge.com/markets/bofa-crashes-transitory-party-sees-4-years-hyperinflation)

Ahem!  Well, doesn't that bode ill for "necessary despotism" by statist shot-callers to save their political puppets from certain doom?
Title: Re: Just commodities
Post by: Libertas on June 29, 2021, 08:59:41 AM
This should increase value...

https://www.zerohedge.com/commodities/basel-iii-regulations-finally-kick-what-means-gold (https://www.zerohedge.com/commodities/basel-iii-regulations-finally-kick-what-means-gold)

...but when it comes to such matters we have to see it to believe it.
Title: Re: Just commodities
Post by: Libertas on July 26, 2021, 10:54:09 AM
Food prices to soar...

https://www.zerohedge.com/weather/worlds-food-supplies-jeopardy-amid-climate-disasters (https://www.zerohedge.com/weather/worlds-food-supplies-jeopardy-amid-climate-disasters)

...as far as Chi-Com's and other bad actors go (or anybody trading with them) I would have no problem bringing them to their knees...others get to do it, why not us?  But won't happen under DemCom RINO/AINO clown show...

And in a blow to those sanctimonious EV-loving Eco-Morons and those catering to them...gotta serious battery resource issue hitting in a couple years!

https://www.zerohedge.com/energy/world-will-run-out-ev-batteries-2025 (https://www.zerohedge.com/energy/world-will-run-out-ev-batteries-2025)

 ::ohno::

Karma.

Title: Re: Just commodities
Post by: Libertas on August 09, 2021, 09:03:53 AM
Was wondering when the next monkey-hammering was going to hit...the "all-is-well/inflation-meh!" kabuki must continue (to the very bitter end)...

https://www.zerohedge.com/markets/gold-flash-crashes-almost-100-4-billion-sell-order-hits (https://www.zerohedge.com/markets/gold-flash-crashes-almost-100-4-billion-sell-order-hits)

...will have to check supply...but suspect premiums are still fricken 20%!   ::outrage::

ETA - 20.59% for silver...5.72% for gold (both 1 Oz) so yes for gold, no for silver...
Title: Re: Just commodities
Post by: Libertas on August 10, 2021, 09:27:57 AM
Coffee probably not coming down anytime soon...

https://www.zerohedge.com/commodities/brazil-faces-10m-bag-loss-coffee-preliminary-assessment (https://www.zerohedge.com/commodities/brazil-faces-10m-bag-loss-coffee-preliminary-assessment)
Title: Re: Just commodities
Post by: Libertas on August 12, 2021, 09:15:14 AM
Effing insane!  Whack Keystone pipeline...shut down US production and oil leases...shut down domestic development wherever it tries to stand!

And worst of all - intentionally make us MORE dependent on Middle East oil!!!

https://theconservativetreehouse.com/blog/2021/08/11/for-six-months-biden-has-shut-down-u-s-oil-production-today-biden-asks-opec-to-pump-more-oil/

And what back-birth loser thinks Russia and OPEC will comply with the weak-ass jello-headed plea to increase their production?

It is universally UNSANE!

These traitors are making us hostages every way possible...and inflation will get worse, petroleum is essential for a massive range of products!

This is intentional destruction of lives and occupations on a massive scale.  This kind of sh*t starts rebellions, revolutions, civil wars and world wars!

And IMO CTH has a link to a story that I think explains this and other foreign/trade issues perfectly!

As the story is told in his own words three Russian drug dealers were partying with him for several days with prostitutes, drugs and various debauchery; and when he woke up from passing out one night, all the recordings on his laptop were gone along with the laptop itself. “They have videos of me doing this,’ he said, referring to the filmed sex he just finished. “They have videos of me doing crazy f***ing sex f***ing, you know.”

https://theconservativetreehouse.com/blog/2021/08/11/video-surfaces-of-hunter-biden-telling-prostitute-the-russians-have-his-laptop-and-sex-tapes-they-have-videos-of-me-doing-crazy-fing-sex-fing-you-know/

The compromised illegitimate Biden is dancing to Putin's commands!!!
Title: Re: Just commodities
Post by: Libertas on August 13, 2021, 10:18:23 AM
https://www1.cbn.com/cbnnews/world/2021/august/energy-terrorism-iran-escalates-attacks-in-strait-of-hormuz-putting-global-oil-supply-at-risk

Putin-controlled JoeFraud making us more dependent on expensive Middle East oil and if we respond militarily to Iranian aggression it drains more American resources...and fills Russian coffers with more hard currency by selling more military hardware to the Mahdi Death Cult.  Treasonous suicidal madness!
Title: Re: Just commodities
Post by: Libertas on August 13, 2021, 01:11:27 PM
https://twitter.com/beingrealmac/status/1425912783661637632
Title: Re: Just commodities
Post by: Libertas on August 18, 2021, 08:55:50 AM
Tangible matters...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2021-08-17_10-59-17.jpg)

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/bfm6F84_0.jpg)

https://www.zerohedge.com/markets/palantir-buys-gold-bars-preparing-future-more-black-swans (https://www.zerohedge.com/markets/palantir-buys-gold-bars-preparing-future-more-black-swans)

...pretty sure with everything going on now it's going to be a circus of sh!tshows from now till...whatever...
Title: Re: Just commodities
Post by: Libertas on September 02, 2021, 08:53:34 AM
(https://cms.zerohedge.com/s3/files/inline-images/critical-metals-in-smartphone.jpg)

As technology continues to improve, so will the demand for the metals necessary for the next generation of smartphones.

https://www.zerohedge.com/technology/visualizing-critical-metals-smartphone (https://www.zerohedge.com/technology/visualizing-critical-metals-smartphone)

Not just smartphones...and also the bigger market of military applications...compounding the demand for materials largely from parts of the world not our friends (a list that grows given statist thugs calling the shots...)
Title: Re: Just commodities
Post by: Libertas on September 24, 2021, 08:54:04 AM
https://www.zerohedge.com/markets/peter-schiff-gold-will-explode-dollar-will-implode-when-markets-figure-out (https://www.zerohedge.com/markets/peter-schiff-gold-will-explode-dollar-will-implode-when-markets-figure-out)

Sure.  But the can keeps getting kicked.  SSDD until that day when things really get different.
Title: Re: Just commodities
Post by: Libertas on October 04, 2021, 08:45:04 AM
Silicon still stratospheric...

https://www.zerohedge.com/commodities/silicon-metals-300-price-surge-throws-another-wrench-global-supply-chain (https://www.zerohedge.com/commodities/silicon-metals-300-price-surge-throws-another-wrench-global-supply-chain)

...energy-driven shutdowns in China.

Chine, China, China...

And hard coal...

https://www.zerohedge.com/energy/german-power-plant-halted-after-it-runs-out-coal (https://www.zerohedge.com/energy/german-power-plant-halted-after-it-runs-out-coal)

...is energy-strapped Euroland.
Title: Re: Just commodities
Post by: ToddF on October 05, 2021, 02:15:11 PM
Just another almost 10% increase in natural gas, today.  Gonna be an expensive winter.

https://www.barchart.com/futures/quotes/NG*0/futures-prices (https://www.barchart.com/futures/quotes/NG*0/futures-prices)

#FJB
Title: Re: Just commodities
Post by: Libertas on October 05, 2021, 04:25:47 PM
Damn, at home things are pretty efficient and I keep it around 64...might have to bump a couple more degrees down, we'll see...

The lake concerns me...we've been keeping water on and heating pipes...house heat is propane and that can be worse than home fed natural gas as it has to be trucked in to top off the tank...

 ::outrage::
Title: Re: Just commodities
Post by: patentlymn on October 05, 2021, 04:30:34 PM
Damn, at home things are pretty efficient and I keep it around 64...might have to bump a couple more degrees down, we'll see...

The lake concerns me...we've been keeping water on and heating pipes...house heat is propane and that can be worse than home fed natural gas as it has to be trucked in to top off the tank...

 ::outrage::

How much more expensive is propane than nat gas?
Title: Re: Just commodities
Post by: Libertas on October 06, 2021, 07:54:39 AM
Damn, at home things are pretty efficient and I keep it around 64...might have to bump a couple more degrees down, we'll see...

The lake concerns me...we've been keeping water on and heating pipes...house heat is propane and that can be worse than home fed natural gas as it has to be trucked in to top off the tank...

 ::outrage::

The raw cost is different but so is the $/BTU given the BTU per cubic foot being better for propane by about 2.44:1...propane had been cheaper than NG but not sure about now...(propane is an element of NG along with butane ethane and the more predominate methane).

Hard to tell what winter will bring, it is rising...and what supply for either will be...

https://www.indexmundi.com/commodities/?commodity=propane (https://www.indexmundi.com/commodities/?commodity=propane)
How much more expensive is propane than nat gas?
Title: Re: Just commodities
Post by: ToddF on October 06, 2021, 08:35:09 AM
The low IQ garbage most people absorb isn't covering it, but the better stuff is on the case.

https://www.theepochtimes.com/households-brace-for-higher-winter-heating-costs-as-natural-gas-prices-vault_4033036.html (https://www.theepochtimes.com/households-brace-for-higher-winter-heating-costs-as-natural-gas-prices-vault_4033036.html)
Title: Re: Just commodities
Post by: patentlymn on October 06, 2021, 08:41:50 PM

I considered having propane backup in the city just in case. I do have several 20 pound cylinders that I can use with the sunflower heaters even indoors and I have done it in the past.
Title: Re: Just commodities
Post by: Pandora on October 06, 2021, 09:26:22 PM
I've been trying to get a propane delivery for eight days now and I'm, right now,  ::pullhair::   ::gaah::    ::outrage::  .....

.... because no matter which number I called, I was routed right back to the remote customer no-service center that couldn't/wouldn't provide service because they're a bunch of know-nothing script readers.  (The local office has been closed for some time now .... the WuFlu, donchaknow).

I fully understand the Clocktower guy.
Title: Re: Just commodities
Post by: Libertas on October 07, 2021, 08:18:38 AM
I know at one point last winter the outfit we went through said they can only give 200g at a time due to "shortage"...which I believe was due to Texas man made mess and the cold snap...

Better not be that same BS this go around or I may pop a gasket...
Title: Re: Just commodities
Post by: Libertas on October 08, 2021, 08:37:12 AM
https://www.zerohedge.com/markets/indian-central-bank-accumulating-large-quantities-gold-almost-under-radar (https://www.zerohedge.com/markets/indian-central-bank-accumulating-large-quantities-gold-almost-under-radar)

They are not alone.

Barter world is coming...
Title: Re: Just commodities
Post by: Libertas on October 25, 2021, 09:06:29 AM
Interesting...couple Canadian industry heavyweights see big run up in Au...

https://www.zerohedge.com/commodities/3000-months-not-years-golds-inflation-protection-means-violent-run-imminent (https://www.zerohedge.com/commodities/3000-months-not-years-golds-inflation-protection-means-violent-run-imminent)

...and silver should follow and the normal ration of the two should return but that might be a more problematic prediction...

...but, I tend to agree with the idea that if The Fed gave a rats ass about inflation they'd already be fighting it...dovetailing with previous posts about believing they boxed themselves into an inescapable corner...and typical half-ass measures are likely to have no effect at all...

So, this buying window appears to be closing soon...and supplies seem to be better though and premiums for Ag anyway appear a more reasonable 15% than the 20-21% they had been at...and Au premiums around 5% aren't bad...
Title: Re: Just commodities
Post by: Libertas on October 29, 2021, 08:44:11 AM
7 story building imagery not a bad way of looking at it...

(https://cms.zerohedge.com/s3/files/inline-images/2021-10-28_14-19-35.jpg)

https://www.zerohedge.com/commodities/how-much-gold-there-world (https://www.zerohedge.com/commodities/how-much-gold-there-world)

Heh, "other"...

I reckon that covers a wide range of interesting possibilities...lost/misplaced/stolen presumed stashed away...criminal organizations (including off-book "black books" by the usual governmental naughty agencies), stuff like that...
Title: Re: Just commodities
Post by: Libertas on November 01, 2021, 08:31:39 AM
Only an imbecile could have ever thought they would cave to the weak demands of a dementia-riddled puppet who needs constant naps and diaper changes...

https://www.zerohedge.com/markets/opec-balks-bidens-demands-more-oil-production (https://www.zerohedge.com/markets/opec-balks-bidens-demands-more-oil-production)

Winter's coming...

Title: Re: Just commodities
Post by: Libertas on November 18, 2021, 08:29:41 AM
All PM's are up...only metal seeing some softening is copper...and again that could be temporary.

Gold looks interesting...

Yes, gold has been range-bound, but the range is getting smaller. While swings of 5% in a matter of days were common as recently as last summer, that volatility has cooled off. Gold still moves up and down in price, but the swings are much more compact.

The central tendency is still $1,800 per ounce, but the swings are more tightly bunched between $1,750 and $1,850 (again, with a few exceptions). That’s a 5.5% band to replace the prior 11.0% band.

We’re also seeing a pattern of lower highs and higher lows as compression continues. That’s a technical pattern called a pennant because it looks like a sports pennant if you draw converging lines through the highs and lows.

A pennant is a setup for a breakout. The breakout can occur in either direction, but it’s more common for the breakout to continue the trend that existed before the consolidation.

Whether we take the $1,685 price on March 30, 2021, the $1,725 price on Aug. 9, 2021, or the $1,722 price on Sept. 29, 2021, it’s clear that this pennant formed in the wake of an uptrend. This suggests that the breakout will be to the upside and it will occur soon.

There’s a run of fundamental data that supports this technical view.

The first piece of evidence is that the real price of physical bullion today is not $1,864 per ounce (according to the COMEX gold futures contract price), but closer to $2,000 per ounce according to my gold bullion dealer sources.

The difference between the two prices is about 8%.

The problem with this pricing method is that a normal dealer commission is around 2.5%. Any commission higher than that is not really a commission. It’s a reflection of scarcity, delivery delays and other logistical issues in getting actual physical bullion instead of paper gold contracts.

In other words, $1,925 per ounce is the real price of real physical bullion. Everything else is just paper.

https://www.zerohedge.com/commodities/gold-breakout-imminent (https://www.zerohedge.com/commodities/gold-breakout-imminent)

And they go on to say Russia and others have been buyers recently, basically pointing a finger at them for that 5.5% scarcity tax.

North of $2k has always been a trip-line in recent years...but, given inflation...perhaps that is a bit more north now too, eh?  Going over $2k would raise eyebrows...but a move around $2.4-2.5K might gain some momentum.
Title: Re: Just commodities
Post by: Libertas on January 04, 2022, 08:08:53 AM
Another round?

https://www.zerohedge.com/commodities/cold-snap-triggers-plunge-texas-natgas-output (https://www.zerohedge.com/commodities/cold-snap-triggers-plunge-texas-natgas-output)
Title: Re: Just commodities
Post by: ToddF on January 04, 2022, 08:17:08 AM
Nothing unusual the next 10 days in Texas.  In fact, a little warmer than usual.

https://weather.com/weather/tenday/l/110a124808308e4fc03ee2b75754a7e06e9334b6d23d6fa317f1bb84b5f8a65e#detailIndex5 (https://weather.com/weather/tenday/l/110a124808308e4fc03ee2b75754a7e06e9334b6d23d6fa317f1bb84b5f8a65e#detailIndex5)
Title: Re: Just commodities
Post by: Libertas on January 04, 2022, 08:23:13 AM
But TPTB have announced a crisis and so a crisis is coming...

ClownWorld
Title: Re: Just commodities
Post by: Libertas on January 04, 2022, 12:04:36 PM
Oh oh, sum ting wong...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Snag_36e2994e.png)

https://www.zerohedge.com/commodities/coal-prices-rise-worlds-largest-coal-exporter-bans-exports (https://www.zerohedge.com/commodities/coal-prices-rise-worlds-largest-coal-exporter-bans-exports)

...dirty-coal burning Chi-Com's in for a rough ride.
Title: Re: Just commodities
Post by: Libertas on January 19, 2022, 09:00:08 AM
Thought we had something on this but I cannot find any reference to it...I recall it coming up now and then, had some sabotage issues...

https://www.zerohedge.com/markets/tapi-pipeline-finally-ready-go (https://www.zerohedge.com/markets/tapi-pipeline-finally-ready-go)

...it's totally within what is arguably the most crazy-ass lands on the planet...so good/bad/indifferent whatever happens happens...
Title: Re: Just commodities
Post by: Libertas on February 04, 2022, 09:08:27 AM
https://www.zerohedge.com/commodities/watch-oil-production-ship-explodes-nigerias-coast (https://www.zerohedge.com/commodities/watch-oil-production-ship-explodes-nigerias-coast)

Accident?  Sabotage? 
Title: Re: Just commodities
Post by: Pandora on February 04, 2022, 11:51:19 AM
Had to bring "fresh" salmon back to BJ's today.  It was bad and I didn't find out til I broke the plastic on the packaging.  Whew!  Judging by the reaction of the customer service chickie, this is an ongoing problem because of the truckers hired to fill the shortage.
Title: Re: Just commodities
Post by: Libertas on February 04, 2022, 01:17:42 PM
Oh, yeah...

Bummer.  Good point though, need to be careful out there.
Title: Re: Just commodities
Post by: Libertas on February 23, 2022, 09:14:44 AM
Well, with nearly-useless sanctions by JoeFraud et al...should make things a lot more volatile...

Kolanovic writes that "geopolitical escalation over the last few days materially increased the risk of further aggravating the energy and commodity crisis developing over the past 2 years" a crisis which as recently as November Kolanovic said didn't exist, because as he calculated in November, for oil to be considered expensive, it "would need to be trading at ~$115/bbl (we say this is conservative because we have excluded “expensive assets” such as central bank balance sheets and Nasdaq, which would imply a median oil price in the $300-$500/bbl range)." Apparently, three months later oil is suddenly expensive again.

In any case, in taking a page out of the Kolanovic playbook of old where one could actually learn something instead of merely be bombarded with childish BTFD sermons that always skirted around the major risk factors and accentuated whatever the conventional wisdom bull thesis du jour war, today the JPM quant writes that "potential trade disruptions of oil, gas, grains and metals is now a significant risk for investments and the real economy" and that "portfolio managers should hedge this risk by increasing allocations to commodities, energy and materials. These allocations would serve as a hedge to inflation, geopolitical risks, and COVID reopening in what we see as a continued cycle of economic expansion. Although commodity inventories have contracted sharply, China’s share is abundant." Some more details:

The world is short Commodities. China is not. Global tradeable commodity inventories have contracted sharply over the past six months, declining in aggregate by 25% from 64 days of consumption at the peak in April 2020 to 48 today, a five year low. This drove the BCOM up 85% during the same period, to a multi-year high. While tradeable commodity stocks are critically low, it is important to acknowledge the abundance of available inventories in leading commodity consumer and importer China, to draw upon as required, which can influence import demand. China currently holds an estimated 84% of global copper, 70% of corn, 51% of wheat, 40% of soybeans, 26% of crude oil and 22% of aluminum inventories, according to our sources. Inclusive of China, global commodity inventories are at about 62 days of consumption, down 18% since the April 2020 peak

Yes China's share may be abundant, but the US is not China, where "low levels of tradable inventories have left us with few shock absorbers, which could drive nonlinear commodity price increases, particularly in light of our base case of a further rise in geopolitical tensions." Wait... when did that become the base case?  We don't expect an answer, nor do we expect Kolanovic to remain bearish...

Basically...risks are stacking up.

Trouble in alt-energy begins...

Soaring material costs, supply chain constraints, and intensified price competition are some of the reasons why LG Electronics Inc. will shutter its solar factory in Huntsville, Alabama, according to a company press release.

"The decision comes as uncertainties in the global solar panel business continue to increase due to a variety of contributing factors, including the intensification of price competition and the rising cost of raw materials," LG said.

Soaring commodity prices have sent solar-grade polysilicon prices up more than 550% in the last two years. Polysilicon is a critical raw material in producing solar photovoltaic cells for panels.  Other commodity prices have risen, along with soaring labor and freight costs have added to LG's margin compression where it appears solar production has become uneconomical.  The plant was opened in 2019 with 550 megawatts of annual panel output. Panel production is expected to wind down next month and officially shut down at the end of June. Around 160 employees and 60 contract workers will be fired or shifted to other LG manufacturing units.
https://www.zerohedge.com/technology/lg-electronics-shutters-alabama-solar-factory-amid-rising-commodity-costs (https://www.zerohedge.com/technology/lg-electronics-shutters-alabama-solar-factory-amid-rising-commodity-costs)

Just wait till the rare-earth shortage really hits...thanks to our corrupt illegitimate government making our enemies holding much of these reserves more hostile towards us.  Brilliant, eh?  Domestic destruction within and without!

 ::outrage::

(https://149366104.v2.pressablecdn.com/wp-content/uploads/2016/01/de-icing-wind-turbine.jpg)
H/T-CTH
Title: Re: Just commodities
Post by: ToddF on February 24, 2022, 07:39:48 AM
Oil just a shade under $100 this morning.  Thanks Brandon.

 ::effu::
Title: Re: Just commodities
Post by: Libertas on February 24, 2022, 08:27:36 AM
With the Rus invasion back on all markets are skittish this morning...and puppet FJB et al can only make everything worse...

Oil hit a high of 105...

And, watch shipping fuel...it's high, and likely about to go even higher...

The number of inflationary inputs is staggering...and if idiots go for price controls shortages will go parabolic!  Then watch that depseration play out...and the expected martial law that is the goal behind imposing them!
Title: Re: Just commodities
Post by: Libertas on February 25, 2022, 12:12:17 PM
(https://uploads.disquscdn.com/images/f27d5d75f012ac9ca6ae4c97695d15f33ff129efa7e78f66a769c767a372c7c9.jpg)
H/T-WZ

https://www.weaselzippers.us/479622-tom-cotton-why-dont-we-sanction-russias-energy-sector-and-lift-all-restrictions-on-u-s-energy/ (https://www.weaselzippers.us/479622-tom-cotton-why-dont-we-sanction-russias-energy-sector-and-lift-all-restrictions-on-u-s-energy/)

Dude...where you been?  These people are about destroying America...not making it strong & self-reliant!

 ::outrage::
Title: Re: Just commodities
Post by: ToddF on March 02, 2022, 07:39:30 AM
Oil up another $8 overnight, into the $110's.  Apparently the demented child molester's promise to "do something" hasn't kicked in, yet.
Title: Re: Just commodities
Post by: Libertas on March 04, 2022, 08:29:57 AM
I think he meant "doo" and it's some poor interns duty to handle that "doo"...

Meanwhile...

If the cratering demand for Russian oil continues the rest of the year...OPEC and the rest stand to make a literal killing...with Brent possibly threatening the $200/bbl level...wouldn't that just be special?

The sane should be brow-beating the unsane 24/7/365 the blow away all domestic oil & gas regs and blow open all production and distribution!  As it is, we only get a limp-wristed "oh, please domestic producers, produce more" while leaving all the hostile regs and obstacles in place...

Oil & Gas concerns should tell this illegitimate government to go screw itself!

And this...

https://www.zerohedge.com/commodities/commodities-set-biggest-weekly-gain-1974-stagflation-fears-emerge (https://www.zerohedge.com/commodities/commodities-set-biggest-weekly-gain-1974-stagflation-fears-emerge)

...has Powell cornered. 
Title: Re: Just commodities
Post by: patentlymn on March 04, 2022, 09:06:23 AM
I think he meant "doo" and it's some poor interns duty to handle that "doo"...

Meanwhile...

If the cratering demand for Russian oil continues the rest of the year...OPEC and the rest stand to make a literal killing...with Brent possibly threatening the $200/bbl level...wouldn't that just be special?

The sane should be brow-beating the unsane 24/7/365 the blow away all domestic oil & gas regs and blow open all production and distribution!  As it is, we only get a limp-wristed "oh, please domestic producers, produce more" while leaving all the hostile regs and obstacles in place...

Oil & Gas concerns should tell this illegitimate government to go screw itself!

And this...

https://www.zerohedge.com/commodities/commodities-set-biggest-weekly-gain-1974-stagflation-fears-emerge (https://www.zerohedge.com/commodities/commodities-set-biggest-weekly-gain-1974-stagflation-fears-emerge)

...has Powell cornered.

the cratering demand for Russian oil continues the rest of the year.

I had not heard that. Who is buying less? I thought that countries were afraid that Russia would cut off gas and oil.
Title: Re: Just commodities
Post by: Libertas on March 04, 2022, 12:30:47 PM
I think he meant "doo" and it's some poor interns duty to handle that "doo"...

Meanwhile...

If the cratering demand for Russian oil continues the rest of the year...OPEC and the rest stand to make a literal killing...with Brent possibly threatening the $200/bbl level...wouldn't that just be special?

The sane should be brow-beating the unsane 24/7/365 the blow away all domestic oil & gas regs and blow open all production and distribution!  As it is, we only get a limp-wristed "oh, please domestic producers, produce more" while leaving all the hostile regs and obstacles in place...

Oil & Gas concerns should tell this illegitimate government to go screw itself!

And this...

https://www.zerohedge.com/commodities/commodities-set-biggest-weekly-gain-1974-stagflation-fears-emerge (https://www.zerohedge.com/commodities/commodities-set-biggest-weekly-gain-1974-stagflation-fears-emerge)

...has Powell cornered.

the cratering demand for Russian oil continues the rest of the year.

I had not heard that. Who is buying less? I thought that countries were afraid that Russia would cut off gas and oil.

The Ukraine thread at this time stamp - « Reply #524 on: March 02, 2022, 12:57:34 PM »

I had a link about Germany doing a 180 by abandoning NS2 and embracing nuclear...and this link -

https://www.zerohedge.com/energy/big-oil-turning-its-back-russia (https://www.zerohedge.com/energy/big-oil-turning-its-back-russia)

It's why I said JoeFraud considering energy sanctions on Russia now...all American co's stopped Russian oil purchases on their own...

And on my previous post about telling JoeFraud to pound sand domestically...

https://thefederalist.com/2022/03/04/until-joe-biden-lets-u-s-oil-freely-flow-hes-complicit-in-putins-war-crimes/ (https://thefederalist.com/2022/03/04/until-joe-biden-lets-u-s-oil-freely-flow-hes-complicit-in-putins-war-crimes/)

I have no problem kicking a loser in his talking points.

https://www.theepochtimes.com/house-democrats-block-bill-to-approve-keystone-xl-pipeline-promote-american-energy-independence-from-russia_4312298.html?utm_source=partner&utm_campaign=TheLibertyDaily (https://www.theepochtimes.com/house-democrats-block-bill-to-approve-keystone-xl-pipeline-promote-american-energy-independence-from-russia_4312298.html?utm_source=partner&utm_campaign=TheLibertyDaily)

Or kicking his Marxist pals in the same place...repeatedly.

https://www.weaselzippers.us/479821-biden-transportation-secretary-buttigieg-buying-oil-from-iran-is-on-the-table/ (https://www.weaselzippers.us/479821-biden-transportation-secretary-buttigieg-buying-oil-from-iran-is-on-the-table/)

And I would kill plans to by Mahdi Death Cult oil no matter what.

Consistent message - NO FORIEGN OIL, we are not Eurotards...remove all restrictions domestically or suck it and enjoy the wrath of the people!

Period, should be no other messages until the Marxists cave completely. 

(https://uploads.disquscdn.com/images/8b8cf5f72dc611907356c768111c7610cbf2557da17b5bab46e3efd0a8dc756f.jpg)

 ::doublebird::
Title: Re: Just commodities
Post by: Libertas on March 04, 2022, 12:36:34 PM
Speaking of sucking it...

https://www.weaselzippers.us/479859-san-francisco-first-american-city-to-hit-5-gasoline/ (https://www.weaselzippers.us/479859-san-francisco-first-american-city-to-hit-5-gasoline/)

(https://uploads.disquscdn.com/images/ee80d5d4edf44d02786e720152d9a42b80114fd3ff7554ffeecdc609654ed0a7.png)
Title: Re: Just commodities
Post by: paulh on March 04, 2022, 01:23:57 PM
Yeah, we just went to + $4.00 ::pullhair::
Title: Re: Just commodities
Post by: Libertas on March 06, 2022, 09:00:15 AM
CostCo premium yesterday when I topped off the tank was $3.59...not too bad, considering...
Title: Re: Just commodities
Post by: paulh on March 06, 2022, 09:47:32 AM
All reg. here is over $4.00, $4.39 down the road.
Title: Re: Just commodities
Post by: Libertas on March 06, 2022, 10:48:21 AM
(https://media.patriots.win/post/BSEzstu8grTy.png)
H/T-CTH

 ::whoohoo::
Title: Re: Just commodities
Post by: paulh on March 06, 2022, 11:22:46 AM
Was doing my taxes and adding up gas receipts. Early 2021 under $2.50, now over $4.00
Title: Re: Just commodities
Post by: ToddF on March 06, 2022, 01:05:02 PM
Hy-Vee ran a flash 4 hour sale, last Sunday.

$2.999.

$3.899 today.
Title: Re: Just commodities
Post by: Libertas on March 07, 2022, 11:09:28 AM
Wait till the panic really kicks in...

https://www.bbc.co.uk/news/business-60623941 (https://www.bbc.co.uk/news/business-60623941)

https://nypost.com/2022/03/05/food-prices-across-globe-skyrocket-by-20-7-percent-across-globe/ (https://nypost.com/2022/03/05/food-prices-across-globe-skyrocket-by-20-7-percent-across-globe/)

https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Break-130-As-EU-And-US-Allies-Consider-Ban-On-Russian-Oil.html (https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Break-130-As-EU-And-US-Allies-Consider-Ban-On-Russian-Oil.html)

And this is just moronic...

https://www.weaselzippers.us/479939-report-biden-admin-seeking-to-import-oil-from-venezuela/ (https://www.weaselzippers.us/479939-report-biden-admin-seeking-to-import-oil-from-venezuela/)

...why pay when invading and taking is all the rage?

And Cuba too!

And screw the Obamao-Persia crap...turn them to glass.
Title: Re: Just commodities
Post by: patentlymn on March 07, 2022, 12:06:24 PM
I heard that the US might buy oil from Iran?
Title: Re: Just commodities
Post by: patentlymn on March 07, 2022, 01:26:44 PM
I had the Duran on. Long video. With Coach Red Pill who lives in Kharkiv in Ukraine with wife and kids.
There are talking about the massive share of ag inputs and products controlled by Russia, Ukraine, and Belarus. Fertilizers. Also precious metals. Artificial blue Sapphires needed to make semi conductors.

Planting season is coming fast! Alexander said he received notice from provider that his residential energy rates increase of 54% in April, the max increase allowed. Another to follow in fall. There is a cap for residences but not businesses. He said rates were going to increase 100% in fall, from another source.

ZH says that Germany is against  embargo on Russian oil. Not totally insane it seems. 

Alexander was screaming about how stupid and extreme it was to seize assets of Russian central bank. He said the fed would not allow it. This is way over my head. Now he confirmed that the fed is telling everyone who will listen that they were not even consulted in that choice as they do not want to be blamed for the horrible results. Perhaps the eventual end of the USD as reserve currency.

https://youtu.be/7isMkGxOrXs
System collapse. Biden turns to Iran & Venezuela for help (Live)
41,511 views
Streamed live 5 hours ago
The Duran
171K subscribers

added
In EU political class has no background in tech or industry. They come from media. If any industry it is not farming or ag.
They are not concerned about the upcoming fertilizer shortage.
Title: Re: Just commodities
Post by: patentlymn on March 07, 2022, 01:38:50 PM

The Duran talks about the US trying to get oil from VE and Iran.
VE oil production is too screwed up to turn around in short order.

Iran previously  committed most of its oil production to Russia after the US embargo.  ::laughonfloor::

Also, many countries were previously screwed bu US while Russia usually kept their word on deals. So they might take short term advantage of the US but not trust us long term.
Title: Re: Just commodities
Post by: paulh on March 07, 2022, 01:40:58 PM
You and the duran drive me f**king crazy yaaaaaaaaaaaaaaah ::pullhair::
Title: Re: Just commodities
Post by: patentlymn on March 07, 2022, 02:10:11 PM

The Duran talks about the US trying to get oil from VE and Iran.
VE oil production is too screwed up to turn around in short order.

Iran previously  committed most of its oil production to Russia after the US embargo.  ::laughonfloor::

Also, many countries were previously screwed bu US while Russia usually kept their word on deals. So they might take short term advantage of the US but not trust us long term.

Going back over 5 years they have been the only source of news or analysis on Ukraine for me. I started paying attention after the 2014 coup. I always try to give my sources or even links. I cannot believe that the US embargoes Iran, Russia steps in and gets contracts, then the US shows up and the cup board is bare. I mean I believe, but find it funny.
Title: Re: Just commodities
Post by: ToddF on March 08, 2022, 09:18:47 AM
$128 and climbing for oil.  And it looks like KwikStar in Iowa is the first to go $4 for regular.

http://www.iowastategasprices.com/Cedar_Rapids/index.aspx (http://www.iowastategasprices.com/Cedar_Rapids/index.aspx)

Shocked to see Speedway leading the charge in Minnesota.

http://www.twincitiesgasprices.com/Eden_Prairie/index.aspx (http://www.twincitiesgasprices.com/Eden_Prairie/index.aspx)

SHOCKED I say. 

Title: Re: Just commodities
Post by: Libertas on March 08, 2022, 10:00:11 AM
$128 and climbing for oil.  And it looks like KwikStar in Iowa is the first to go $4 for regular.

http://www.iowastategasprices.com/Cedar_Rapids/index.aspx (http://www.iowastategasprices.com/Cedar_Rapids/index.aspx)

Shocked to see Speedway leading the charge in Minnesota.

http://www.twincitiesgasprices.com/Eden_Prairie/index.aspx (http://www.twincitiesgasprices.com/Eden_Prairie/index.aspx)

SHOCKED I say.

Yah shuure, shocked you are, oh youbetchya...

 ::hysterical::
Title: Re: Just commodities
Post by: patentlymn on March 08, 2022, 10:40:07 AM


Not to worry. The govt will save us with new regs! /sarc
How high can gas go?
1 min video. This guy is so tone deaf as is the EPA.

https://rumble.com/vwtkjx-55127373.html
EPA Administrator Michael Regan: "We're pressing the accelerator to reach a zero-emissions future sooner than most people thought”
Title: Re: Just commodities
Post by: Libertas on March 08, 2022, 11:02:56 AM
Why be against something certain to aid the certainty of kicking off the last civil war...?

 ::smallestviolin::
Title: Re: Just commodities
Post by: Libertas on March 08, 2022, 11:34:15 AM
(https://i.imgur.com/NOxHlMXl.jpg)

https://www.zerohedge.com/commodities/canada-says-its-oil-could-replace-us-imports-russian-crude-all-it-would-take-approval (https://www.zerohedge.com/commodities/canada-says-its-oil-could-replace-us-imports-russian-crude-all-it-would-take-approval)

Right...and thinking illegitimate Marxist trash will do that is akin to thinking you can sprout wings and fly...

https://www.zerohedge.com/political/watch-live-biden-ban-russian-oil-imports-over-ukraine-war (https://www.zerohedge.com/political/watch-live-biden-ban-russian-oil-imports-over-ukraine-war)

Push oil over $200/bbl...these idiots still won't GAFF...

As for PM's...

https://www.zerohedge.com/markets/gold-soars-2063-just-one-cent-away-new-all-time-high (https://www.zerohedge.com/markets/gold-soars-2063-just-one-cent-away-new-all-time-high)

...still grotesquely undervalued!

Title: Re: Just commodities
Post by: patentlymn on March 08, 2022, 12:04:14 PM
(https://i.imgur.com/NOxHlMXl.jpg)

https://www.zerohedge.com/commodities/canada-says-its-oil-could-replace-us-imports-russian-crude-all-it-would-take-approval (https://www.zerohedge.com/commodities/canada-says-its-oil-could-replace-us-imports-russian-crude-all-it-would-take-approval)

Right...and thinking illegitimate Marxist trash will do that is akin to thinking you can sprout wings and fly...

https://www.zerohedge.com/political/watch-live-biden-ban-russian-oil-imports-over-ukraine-war (https://www.zerohedge.com/political/watch-live-biden-ban-russian-oil-imports-over-ukraine-war)

Push oil over $200/bbl...these idiots still won't GAFF...

As for PM's...

https://www.zerohedge.com/markets/gold-soars-2063-just-one-cent-away-new-all-time-high (https://www.zerohedge.com/markets/gold-soars-2063-just-one-cent-away-new-all-time-high)

...still grotesquely undervalued!

I like putting a focus on the keystone pipeline ahead of the 2022 elections. Although allowing it may help the Dems.
Title: Re: Just commodities
Post by: patentlymn on March 08, 2022, 01:21:41 PM

Many have said that every US finance sanction is a nudge to remove the USD as the reserve currency. The current anti Russian sanctions especially. Seizing the foreign exchange assets of the Russian central bank is said to be a giant mistake in that regard. The fed is said to be telling everyone who will listen that they were not even consulted.

https://thesaker.is/america-shoots-its-own-dollar-empire-in-economic-attack-on-russia/
The American Empire self-destructs. But nobody thought that it would happen this fast
50163 Views March 08, 2022 150 Comments

by Michael Hudson
Title: Re: Just commodities
Post by: Libertas on March 08, 2022, 01:44:44 PM
Nobody listening...nobody cares...

Welcome to the end my friend...

All you own is what is in your hand at any given moment...

And those without will be coming for yours...
Title: Re: Just commodities
Post by: patentlymn on March 08, 2022, 02:18:35 PM
US and foreign leaders should live in the real world.
They had two choices.
1. Move NATO East, ignore Russia's request about security concerns, remain silent about the recent Ukraine request for nukes, and do nothing about the 8 years of Kiev shelling the East, then blame Putin when the crap hits the fan.
2. Do the opposite of above and not have the crap hit the fan.

The US turned a possible friend into an enemy and perhaps destroyed or started to destroy the USD as the reserve currency. Good going! So WHAT if they get to blame Putin? What good does that do me?

The devil will be in the details. Putin just signed a decree banning certain exports and imports with certain countries.
One thing I have read recently was that moving NATO East was a bad idea. Almost all such experts agreed on that.


https://interfax.com/newsroom/top-stories/75965/
8 Mar 2022 12:33
Putin signs decree banning or restricting exports from Russia, imports to Russia of certain products, raw materials

MOSCOW. March 8 (Interfax) - Russian President Vladimir Putin has signed a decree introducing special economic measures in foreign trade for ensuring Russia's security.

The decree introduces certain special economic measures to be in effect until December 31, 2022.

These include "a ban on exports outside of the Russian Federation's territory and (or) imports to the Russian Federation's territory of products and (or) raw materials according to lists determined by the Russian government."
Title: Re: Just commodities
Post by: patentlymn on March 08, 2022, 02:39:08 PM
I have learned a few things recently.
1. Almost every foreign policy expert concluded that moving NATO East was a mistake and would lead to bad things. Kissinger, George Kennan, John Mersheimer, etc. Some of these decades ago.
2. The actions that would trigger a Russian invasion were adding Ukraine to NATO and  shelling the East Ukraine.  Having the Ukrainian president ask for nukes while the West remained silent was the icing on the cake.

I.e. all of this was foreseen.

The finance stuff is over my head, but I kept reading that every financial sanction (Iran, VE, Russia) was one more reason to weaken the dollar as reserve currency.

These morons in the state dept think that it is better to have bad things happen if you can blame Putin afterwards. Good things are better than bad things. Neutral Ukraine is better than current situation.
Title: Re: Just commodities
Post by: Libertas on March 08, 2022, 04:05:22 PM
Heh, well...Keenan flipped like Kissinger...Kissinger got us into stupid crap like thinking business ties with China would loosen China and migrate them out of Communism...when it just made it easier for China to rape us coming and going...and Dems migrated to Communism...and Keenan thought talking nice with the Soviets was productive...thought chucking Taiwan under the bus would prevent Commies tagging-teaming up, that worked well...

And anybody remember who was calling the shots when Keenan pooh-poohed NATO & Kosovo?  Yeah, Slick Willie Clinton!  Anybody remember who gave Keenan a medal?  G H W Bush!  Keenan didn't want NATO expansion at inception when it cannot be argued it had no role to play in helping bankrupt and collapse the Soviet experiment.  So the embrace of him now seems self-serving.

And no idea where Mersheimer comes into this...he has a schitzophrenic attitude about Jews and he opposed Ukraine in the NNP treaty as he thought Ukraine would be best kept independent with a nuclear deterrent or it would eventually be gobbled up by Russia...well, that came true...any embrace of him as being an originalist in the No NATO Ukraine movement is reading in a lot...he made a recent comment that the conflict now raging may have a genesis to Bucharest 2008 (cough, W Bush)...when at that time until now he said no such things.

But, who cares?  Nobody.  We have to accept the fact that no matter what happens we did not have a say in any of it...nobody is listening...nobody cares about anything except what they want to...and if the world implodes...so sad too bad...

https://youtu.be/MW6E_TNgCsY
Title: Re: Just commodities
Post by: Libertas on March 08, 2022, 04:16:57 PM
In other news...

https://www.zerohedge.com/energy/now-courted-biden-socialist-strongman-maduro-hails-cordial-us-talks-oil-supplies (https://www.zerohedge.com/energy/now-courted-biden-socialist-strongman-maduro-hails-cordial-us-talks-oil-supplies)

Another stupid move...by a Marxist puppet...begging another Marxist puppet...

So Un-21st Century too...why beg when you can invade and take...such a pussy!!!
Title: Re: Just commodities
Post by: Libertas on March 09, 2022, 09:00:19 AM
Meanwhile...puppet JoeFraud gets a yuuuge FJB by Saudi's & UAE...

https://www.zerohedge.com/geopolitical/saudis-uae-refuse-speak-biden-over-ukraine-situation (https://www.zerohedge.com/geopolitical/saudis-uae-refuse-speak-biden-over-ukraine-situation)

 ::doublebird::   ::laughonfloor::

And so far domestic oil industry is telling JoeFraud to drop their shackles...

https://www.zerohedge.com/commodities/approve-our-permits-us-oil-industry-responds-after-biden-cuts-imports-russia (https://www.zerohedge.com/commodities/approve-our-permits-us-oil-industry-responds-after-biden-cuts-imports-russia)

...while Jen Psucki denies any JoeFraud policies are hampering domestic output.

Bullying and lies doesn't seem to be working...wait till the anger of the serfs hits a breaking point. 
Title: Re: Just commodities
Post by: Libertas on March 09, 2022, 09:49:22 AM
(https://media.patriots.win/post/HdSgAppRLYs0.jpeg)

(https://theconservativetreehouse.com/wp-content/uploads/2021/08/biden-fail-2.jpg)
H/T-CTH
Title: Re: Just commodities
Post by: Libertas on March 10, 2022, 10:03:10 AM
OK, let's talk about the bad and the stupid...there is some crossover in those two as always...

The bad - The plandemic insanity crushing businesses and livelihoods and decimation of the logistics struggling to support what producers might be trying to bring to market...the exploding inflation...now hearing that as a result of the shooting war in Europe, the ongoing cyber warfare occurring and the hyperactive economic warfare happening and the batshyt-crazy JoeFraud regimes policies to crush American energy production and driving us into the arms of enemies loving high oil prices...now many warnings about a global food shortage that could last at least 2-3 years...

Beef - We've all seen beef prices go apesh!t...now they're calling beef "luxury meat" (http://endoftheamericandream.com/beef-is-now-a-luxury-meat-and-goldman-sachs-says-to-brace-for-one-of-the-largest-energy-supply-shocks-ever/).

Well, sheeeit...JoeFraud and his merry band of Marxist goons see EVERYTHING as a luxury!  They are making gas prices soar, Gruesome Newsom is giddy over people having to walk away from their petro vehicles and prepping naked dances in praise of Gaia...they are making natural gas soar without no alternative for serfs to go to other than raiding forests for firewood no amount of policing will be able to stop...

More from the link showing nations are looking to their own selves first, OUR MARXISTS IDIOTS ARE NOT!

Of course it isn’t just meat supplies that are going to be tightening.  Ukraine and Russia normally account for about 30 percent of all global wheat exports, but now the war is going to cause that number to drop precipitously.

As panic about global food supplies spreads, some countries are already placing restrictions on how much can be sent out of the country.

For example, on Wednesday Indonesia “tightened curbs on palm oil exports”.

And in eastern Europe, Serbia, Hungary and Bulgaria have all recently made moves to make sure that their people have enough to eat…

Serbia announced on Wednesday it will ban exports of wheat, corn, flour and cooking oil as of Thursday to counter price increases while Hungary banned all grain exports last week.

Bulgaria has also announced it will increase its grain reserves and might restrict exports until it has carried out planned purchases.

Ukraine, known as the “breadbasket of Europe” given it’s long been among the world’s top ten wheat exporters and supplied over $6 billion in agricultural products to the European Union in 2020, has issued an emergency order Wednesday banning the export of grains and other products.

The ban includes the export of wheat, oats, millet, buckwheat, sugar, live cattle, meat, and other products considered vital to the global economy. But amid wartime, and with Ukraine’s government saying many of its citizens are now starving under Russian siege, Ukraine’s minister of agrarian and food policy Roman Leshchenko said the drastic action was taken to avert a “humanitarian crisis in Ukraine,” stabilize the market and “meet the needs of the population in critical food products,” according to the AP.

Lebanon could face wheat shortages from July, forcing the government to reduce subsidized flat rounds of Arabic bread, which sustain the 80 percent of Lebanon’s population who live in poverty, according to a report by The Irish Times. Flour mills in Lebanon delivered supplies only to bread bakeries on Monday and Tuesday, forcing bakers who make pastries and thyme pizzas to close as a means of rationing wheat imported from Ukraine, which supplies 60 percent of the country’s wheat needs.

Here in the United States, fertilizer prices are causing havoc for farmers all over the country.

If you don’t believe me, perhaps you will believe a prominent farmer from Iowa that Tucker Carlson just interviewed…

Ben Riensche, the owner of Blue Diamond Farming Company in Iowa and a farmer of 16,000 acres in that state, told Carlson that the sanctions will have a far-reaching impact on our food supplies in the very near future.

“Soaring fertilizer prices are likely to bring spiked food prices,” Riensche said. “If you’re upset that gas is up a dollar or two a gallon, wait until your grocery bill is up $1,000 a month, and it might not just manifest itself in terms of price. It could be quantity as well. Empty-shelf syndrome may be starting.”

http://endoftheamericandream.com/beef-is-now-a-luxury-meat-and-goldman-sachs-says-to-brace-for-one-of-the-largest-energy-supply-shocks-ever/ (http://endoftheamericandream.com/beef-is-now-a-luxury-meat-and-goldman-sachs-says-to-brace-for-one-of-the-largest-energy-supply-shocks-ever/)

There is a blurb in the link too about AAA seeing an uptick in thieves siphoning gas from vehicles...that will get worse too.

Most of this could be mitigated if nations weren't ruled by complete assholes!
Title: Re: Just commodities
Post by: Libertas on March 10, 2022, 10:58:18 AM
More news...

Pain for ChiComs - https://www.zerohedge.com/economics/ukraine-crisis-strains-beijings-commercial-ties-moscow-kiev (https://www.zerohedge.com/economics/ukraine-crisis-strains-beijings-commercial-ties-moscow-kiev)

 ::smallestviolin::

With the world imploding the low-info narcissists and their addiction to ChiCom spyware like Tik-Tok has them lamenting the loss of their precious mundane videos - https://www.zerohedge.com/technology/everyones-videos-are-gone-us-tiktok-users-report-outages-popular-app (https://www.zerohedge.com/technology/everyones-videos-are-gone-us-tiktok-users-report-outages-popular-app)

 ::smallestviolin::

LBMA & CME axe Russia's OTC gold accreditation - https://www.zerohedge.com/markets/us-tees-stop-russian-gold-act-triggering-lbma-and-comex-eject-russian-refiners (https://www.zerohedge.com/markets/us-tees-stop-russian-gold-act-triggering-lbma-and-comex-eject-russian-refiners)

This will be fun...keep an eye on this - https://www.kitco.com/market/ (https://www.kitco.com/market/)
Title: Re: Just commodities
Post by: patentlymn on March 10, 2022, 01:16:19 PM
^^^^
As I understand Tik Tok. The Chinese control it but inside China they have a clean version. They only pump the filth into the US and the West.

Title: Re: Just commodities
Post by: Libertas on March 10, 2022, 03:24:24 PM
They use it for espionage too here...
Title: Re: Just commodities
Post by: patentlymn on March 10, 2022, 04:00:36 PM
They use it for espionage too here...

The US was finally wise to ban Huawei. There was the fear that the equipment would be bugged and used to spy. In part because the US bugged Cisco equipment shipped overseas.
Title: Re: Just commodities
Post by: Libertas on March 11, 2022, 08:33:30 AM
The official gamed numbers...so hideous it cannot be hidden...

(https://theconservativetreehouse.com/wp-content/uploads/2022/03/February-Inflation-2022.jpg)
H/T-CTH

(https://uploads.disquscdn.com/images/0b7b8cf20094b0dee922252c092c4ef151a148103a08945fc911753efa8d0c49.jpg)
H/T-WZ
Title: Re: Just commodities
Post by: Libertas on March 13, 2022, 11:17:39 AM
https://dailycaller.com/2022/03/12/biden-i-did-that-stickers-gas-pumps/

Jen Psucki is a liar!

(https://uploads.disquscdn.com/images/915bcaa354b455047d680282729e2791399bef069f52f94c0fb312a3f0fc0c06.jpg)
H/T-WZ

Gas began its increase shortly after The Steal and really began to escalate when JoeFraud was illegally installed and issued EO's shutting down domestic production and pipelines like Keystone!

(https://uploads.disquscdn.com/images/432b3df188bb4b2e7f0696f8ab11ba69968b09c77368f41bf9d538142130ff16.png)
H/T-WZ

These Ameriphobic snakes can hiss and slither, but they cannot hide their complicity!

Title: Re: Just commodities
Post by: Libertas on March 13, 2022, 12:38:07 PM
(https://uploads.disquscdn.com/images/5c7690061d293673f3634bc169ccac631678e050832c5c3e2098de7e2c36fc01.jpg)

(https://uploads.disquscdn.com/images/0c62a70512cfc00dfaf2f6f0a0a030ccaf0f857cd9ee2cbe14c6e0b495ad1e78.jpg)
H/T-WZ
Title: Re: Just commodities
Post by: paulh on March 13, 2022, 01:18:43 PM
Speaking of this, how do I change the time here?
Title: Re: Just commodities
Post by: Pandora on March 13, 2022, 01:29:58 PM
Speaking of this, how do I change the time here?

Click profile/look and layout preferences.
Title: Re: Just commodities
Post by: paulh on March 13, 2022, 02:11:17 PM
 ::thumbsup::
Title: Re: Just commodities
Post by: patentlymn on March 13, 2022, 03:10:01 PM


https://thesaker.is/america-shoots-its-own-dollar-empire-in-economic-attack-on-russia/

The American Empire self-destructs. But nobody thought that it would happen this fast
73309 Views March 08, 2022 178 Comments

by Michael Hudson posted by permission

Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion.
...


So I am somewhat chagrined as I watch the speed at which this U.S.-centered financialized system has de-dollarized over the span of just a year or two. The basic theme of my Super Imperialism has been how, for the past fifty years, the U.S. Treasury-bill standard has channeled foreign savings to U.S. financial markets and banks, giving Dollar Diplomacy a free ride. I thought that de-dollarization would be led by China and Russia moving to take control of their economies to avoid the kind of financial polarization that is imposing austerity on the United States.[2] But U.S. officials are forcing Russia, China and other nations not locked into the U.S. orbit to see the writing on the wall and overcome whatever hesitancy they had to de-dollarize.

I had expected that the end of the dollarized imperial economy would come about by other countries breaking away. But that is not what has happened. U.S. diplomats themselves have chosen to end international dollarization, while helping Russia build up its own means of self-reliant agricultural and industrial production. This global fracture process actually has been going on for some years, starting with the sanctions blocking America’s NATO allies and other economic satellites from trading with Russia. For Russia, these sanctions had the same effect that protective tariffs would have had.
...
Title: Re: Just commodities
Post by: Libertas on March 14, 2022, 08:11:26 AM
So it's a good thing...then why is everybody acting so butthurt?
Title: Re: Just commodities
Post by: patentlymn on March 14, 2022, 01:34:27 PM
So it's a good thing...then why is everybody acting so butthurt?

I read that ending the USD as the world reserve currency or the petrodollar is a real bad thing for US citizens.
As I said before, this whole thing is over my head.
Title: Re: Just commodities
Post by: patentlymn on March 14, 2022, 01:48:12 PM


Some Michael Hudson content. He is not a flake. I recall he has worked in the belly of the capitalist beast. Standard oil? Citibank? I do not understand this international finance.
His bio is very interesting. I watched it more than once.

https://youtu.be/hH9pzzIIEj4
Michael Hudson - Life and Thought 20180507
79,701 views
Jul 11, 2018

https://youtu.be/m7eAbbVMr_4
Economist Michael Hudson explains inflation crisis and Fed's secretive $4.5 trillion bank bailout
29,069 views
Streamed live on Jan 4, 2022
Multipolarista
31.6K subscribers
Economist Michael Hudson discusses what is causing the global inflation crisis, and also how the US Federal Reserve quietly bailed out big banks in September 2019 with $4.5 trillion of emergency repo loans that appear to have blatantly violated the law.

https://thesaker.is/the-saker-interviews-michael-hudson-4/
https://thesaker.is/the-saker-interviews-michael-hudson-3/

https://thesaker.is/america-shoots-its-own-dollar-empire-in-economic-attack-on-russia/

The American Empire self-destructs. But nobody thought that it would happen this fast
74153 Views March 08, 2022 179 Comments
by Michael Hudson posted by permission
Title: Re: Just commodities
Post by: Libertas on March 14, 2022, 02:13:28 PM
Most all governments game things to the advantage of the elite, shocking, I know.  There is variation here and there for what they pin their fates to...most, regardless of of political ideology see little difference between government, banking and business...all are manipulating fiat and "markets"...all game "official statistics"...so, pick your shell game...but at the end of the day it is all supported by the same thing - the willingness of the serfs to participate in the illusions.  People like to point to Russia as some sort of safe haven free of the three ring circus of Federal Reserve - Government - Business...sure, they're debt free compared to almost everybody else and hold gold instead of paper, swell...but their entire economy runs mostly on oil, gas, arms & ammunition...and it can be hard to maintain illusions in the serfs when invading and threatening them, it can be hard to keep such customers...unless they can be involuntary customers...but then that can create hidden costs.  China largely debt free too...but if they truly defeat America instead of dominate it...they have the same customer relations issues.  Driving Russia and China together may not be the end of the world, economically anyway...a new multi-aligned order may emerge and maybe it gets folks to settle the eff down...but, jealousy, greed, lust...ego...hard for the powerful to resist.  If all serfs withdrew consent maybe we could cut to the chase, eh?
Title: Re: Just commodities
Post by: Libertas on March 17, 2022, 11:41:12 AM
https://www.zerohedge.com/commodities/ag-powerhouse-brazil-could-be-severely-impacted-russias-freeze-fertilizer (https://www.zerohedge.com/commodities/ag-powerhouse-brazil-could-be-severely-impacted-russias-freeze-fertilizer)

Uhh huh...well, I know for fact Brazil is a big beef producer too...what are they doing with their cow patties?  Got other critters?  Time to find other alternatives instead of whinging!
Title: Re: Just commodities
Post by: Syzygy on March 17, 2022, 12:48:13 PM
Brazil has positioned itself as a major producer in the poultry industry,  as well,  and chicken litter is by far the best natural fertilizer,  even better than man-made.  I'm thinking the broiler producers there are sitting on a soon-to-be much coveted gold mine.
Title: Re: Just commodities
Post by: Libertas on March 17, 2022, 02:50:41 PM
Yup, folks need to look local.
Title: Re: Just commodities
Post by: Libertas on March 23, 2022, 09:06:22 AM
The market, er markets...about to experience disruptions and chaos locally and globally.

Diesel is headed for "stock outs" and logistics issues will hit the fan big time.

https://www.zerohedge.com/markets/gas-stations-will-run-dry-catastrophic-scenario-diesel-emerging-according-worlds-largest (https://www.zerohedge.com/markets/gas-stations-will-run-dry-catastrophic-scenario-diesel-emerging-according-worlds-largest)

Largest CA refinery has a strike on its hands at a squirrely time...

https://www.zerohedge.com/commodities/largest-california-refinery-hit-strike (https://www.zerohedge.com/commodities/largest-california-refinery-hit-strike)

And then there is this Ruble decision by Putin...

https://www.zerohedge.com/markets/russia-demand-hostile-states-pay-rubles-gas (https://www.zerohedge.com/markets/russia-demand-hostile-states-pay-rubles-gas)

IMO the knee-jerk Russophile excitement is premature...there is going to be a shakeout here...

Whose holding the conversion bag for this?  It opens the door to manipulation and extra printing.  Will it force transactions in PM's?

Given the economic actions by West and East...does this now force the West into a de facto "no other option" decision and a literal World War with all the horror that entails?  Also, doesn't it undercut China and its aims for world economic domination?  Can't imagine they want to cede reserve currency lead to their Russian pals.

To me this seems a bit reckless and desperate, but time will tell in how the fugly breaks.

Title: Re: Just commodities
Post by: Libertas on March 25, 2022, 08:34:57 AM
I like this...why not convert flares to electricity and bitcoin mining?

https://www.zerohedge.com/crypto/exxon-mining-bitcoin-excess-gas-report (https://www.zerohedge.com/crypto/exxon-mining-bitcoin-excess-gas-report)

 ::cool::

As for this...

https://www.zerohedge.com/energy/oil-prices-tumble-after-eu-fails-agree-russian-import-ban (https://www.zerohedge.com/energy/oil-prices-tumble-after-eu-fails-agree-russian-import-ban)

...yeah, failed to agree...

...when those on the continent chose to throw the controlling end of their leash to Russia...that's when the agreement was reached, or the failure...whatever your point of view...

Title: Re: Just commodities
Post by: patentlymn on March 25, 2022, 01:24:21 PM
I like this...why not convert flares to electricity and bitcoin mining?

https://www.zerohedge.com/crypto/exxon-mining-bitcoin-excess-gas-report (https://www.zerohedge.com/crypto/exxon-mining-bitcoin-excess-gas-report)

 ::cool::

 ...

Very clever. Iceland effectively exports hydro-power electricity by smelting aluminum and exporting that.
Title: Re: Just commodities
Post by: patentlymn on March 26, 2022, 03:26:10 PM

The idea that LNG will replace pipeline gas is a fairy tale, at least in the next couple years. It will take years to build the tankers, loading and unloading facilities. Then will they take US LNG from US consumers to supply EU?

https://youtu.be/oZmG4InFkVQ
Title: Re: Just commodities
Post by: Libertas on March 27, 2022, 10:54:34 AM
It's a band aid on a sucking chest wound...

I think the real option is one that makes sense and at the same time will enrage the Rus even more...even if they look like hypocrites getting butthurt over competition...but also quite hypocritical is POS JoeFraud opposing it - the EastMed pipeline from Israel to Europe.

https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report (https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report)

Far as I can tell the only reasons for JoeFraud being against it are in order of importance: 1) It was enthusiastically supported by Donald Trump and 2) it goes against his puppet-masters desire to punish every serf on the planet for despotic purposes.
Title: Re: Just commodities
Post by: patentlymn on March 27, 2022, 03:27:00 PM
It's a band aid on a sucking chest wound...

I think the real option is one that makes sense and at the same time will enrage the Rus even more...even if they look like hypocrites getting butthurt over competition...but also quite hypocritical is POS JoeFraud opposing it - the EastMed pipeline from Israel to Europe.

https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report (https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report)

Far as I can tell the only reasons for JoeFraud being against it are in order of importance: 1) It was enthusiastically supported by Donald Trump and 2) it goes against his puppet-masters desire to punish every serf on the planet for despotic purposes.

OMG these greenies have really drunk the cool aid. I would rather have Germany freeze in the dark as an example to the US. Reality DOES exist.

From the link
Quote
In a documentary aired by Turkish state media channel TRT last week, footage of State Department Special Envoy and Coordinator for International Energy Affairs Amos Hochstein shows him discussing the matter before he was appointed to his current position.

Hochstein said he would be "extremely uncomfortable" with the US supporting the pipleline from Israel to Greece because of its environmental implications.

"Why would we build a fossil fuel pipeline between the EastMed and Europe when our entire policy is to support new technology... and new investments in going green and in going clean?" he asked.

"By the time this pipeline is built, we will have spent billions of taxpayer money on something that is obsolete – not only obsolete but against our collective interest between the US and Europe."
Title: Re: Just commodities
Post by: Libertas on March 28, 2022, 08:30:38 AM
It's a band aid on a sucking chest wound...

I think the real option is one that makes sense and at the same time will enrage the Rus even more...even if they look like hypocrites getting butthurt over competition...but also quite hypocritical is POS JoeFraud opposing it - the EastMed pipeline from Israel to Europe.

https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report (https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report)

Far as I can tell the only reasons for JoeFraud being against it are in order of importance: 1) It was enthusiastically supported by Donald Trump and 2) it goes against his puppet-masters desire to punish every serf on the planet for despotic purposes.

OMG these greenies have really drunk the cool aid. I would rather have Germany freeze in the dark as an example to the US. Reality DOES exist.

From the link
Quote
In a documentary aired by Turkish state media channel TRT last week, footage of State Department Special Envoy and Coordinator for International Energy Affairs Amos Hochstein shows him discussing the matter before he was appointed to his current position.

Hochstein said he would be "extremely uncomfortable" with the US supporting the pipleline from Israel to Greece because of its environmental implications.

"Why would we build a fossil fuel pipeline between the EastMed and Europe when our entire policy is to support new technology... and new investments in going green and in going clean?" he asked.

"By the time this pipeline is built, we will have spent billions of taxpayer money on something that is obsolete – not only obsolete but against our collective interest between the US and Europe."

Cultists are unable to recognize reality...it's like talking to a rock...

The enviro-hell involved in lithium mining (and the US is not among the leading producers of global rare earth elements by the way) and byproduct disposals front and back is ignored or unknown to such fools...

We need to ban fossil fools like this...and embrace fossil fuels that have built everything in the world.
Title: Re: Just commodities
Post by: patentlymn on March 28, 2022, 11:32:15 AM
It's a band aid on a sucking chest wound...

I think the real option is one that makes sense and at the same time will enrage the Rus even more...even if they look like hypocrites getting butthurt over competition...but also quite hypocritical is POS JoeFraud opposing it - the EastMed pipeline from Israel to Europe.

https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report (https://www.middleeasteye.net/news/us-tells-israel-it-no-longer-supports-eastmed-pipeline-project-report)

Far as I can tell the only reasons for JoeFraud being against it are in order of importance: 1) It was enthusiastically supported by Donald Trump and 2) it goes against his puppet-masters desire to punish every serf on the planet for despotic purposes.

OMG these greenies have really drunk the cool aid. I would rather have Germany freeze in the dark as an example to the US. Reality DOES exist.

From the link
Quote
In a documentary aired by Turkish state media channel TRT last week, footage of State Department Special Envoy and Coordinator for International Energy Affairs Amos Hochstein shows him discussing the matter before he was appointed to his current position.

Hochstein said he would be "extremely uncomfortable" with the US supporting the pipleline from Israel to Greece because of its environmental implications.

"Why would we build a fossil fuel pipeline between the EastMed and Europe when our entire policy is to support new technology... and new investments in going green and in going clean?" he asked.

"By the time this pipeline is built, we will have spent billions of taxpayer money on something that is obsolete – not only obsolete but against our collective interest between the US and Europe."

Cultists are unable to recognize reality...it's like talking to a rock...

The enviro-hell involved in lithium mining (and the US is not among the leading producers of global rare earth elements by the way) and byproduct disposals front and back is ignored or unknown to such fools...

We need to ban fossil fools like this...and embrace fossil fuels that have built everything in the world.

I read that Death Valley is a rich area for rare earth metals. We cannot mine there because it is 'pristine.'
Title: Re: Just commodities
Post by: Libertas on March 31, 2022, 09:31:54 AM
Huh, Russia backed down...will accept Euro's as gas payments...

https://theconservativetreehouse.com/blog/2022/03/30/russia-agrees-to-accept-euros-for-energy-payment-which-will-be-transacted-into-rubles-by-gazprombank/

...but the Russians are going to be flipping into Rubles...so basically they are just using the Euro's to prop up the Ruble...

...kinda undercuts JoeFrauds sanctions...but reckon he'll keep his mouth shut since letting flap already pissed off the Euro's.   ::hysterical::
Title: Re: Just commodities
Post by: Libertas on April 05, 2022, 08:47:03 AM
Arghhh, it's a great leap back 400 years!

https://www.zerohedge.com/commodities/flag-switching-russian-ships-hits-record-amid-sanctions (https://www.zerohedge.com/commodities/flag-switching-russian-ships-hits-record-amid-sanctions)

LOL!

Time is ripe for rampant lawlessness...and why not?   ::whatgives::
Title: Re: Just commodities
Post by: Libertas on April 06, 2022, 12:28:41 PM
The DemoCommie response to the national diaper they deuced themselves is as always to blame everyone bit themselves and the stupid-ass decisions they make...

Democrats on the House Energy and Commerce Subcommittee on Oversight and Investigations are holding a hearing on Wednesday, where they will interrogate the CEOs of Exxon Mobil, Chevron, BP America, Shell USA, Devon Energy Corp and Pioneer about the dynamics driving the surge in prices at the pump. The title of the hearing tells one everything they need to know about the overall tone: "Gouged At The Gas Station: Big Oil And America's Pain At The Pump".

In testimony submitted to the subcommittee, the oil executives explained that a combination of labor and supply shortages have stopped their companies from raising output back to pre-pandemic levels, while the price of oil and gas are largely determined by international market conditions beyond their control.

Of course, this reasoning was apparently lost on the Democrats. In an interview with Reuters, Democrat members of the committee are already sharpening their knives.

"We will not sit back and allow the fossil fuel industry to take advantage of the American people and gouge them at the pump," Diana DeGette, a Democrat and chair of the subcommittee, said about the hearing at which executives from Exxon Mobil, Chevron, BP America, Shell USA , Devon Energy and Pioneer will testify.

"We want to know what's causing these record-high prices and what needs to be done to bring them down immediately," she said. Many Democrats have complained that oil companies have made record profits while consumers face high prices.

https://www.zerohedge.com/energy/watch-live-democrats-interrogate-oil-executives-about-americas-pain-pump (https://www.zerohedge.com/energy/watch-live-democrats-interrogate-oil-executives-about-americas-pain-pump)

And, as always, sane people ask:
1) Why go?  Why take a theatrical beating and give any DemCom a visual cover they'll exploit as a proxy for actually doing their jobs...instead of yet again jobbing the American people with BS to cover their intentionally disastrous energy actions?

2) If not to fight back and utterly beret and humiliate these scum-sucking criminals, why even go?

3) How about threatening these DemCom bastards with a public campaign to highlight their idiotic decisions to end leases and infrastructure improvements, expanded refinery capacity and pipeline approvals and to stop buying oil from our so-they-say "enemies"?!  How about tell them to unshackle the chains they've imposed upon industry and set them free to solve our energy issues domestically and economically?  Failure to do so places 100% of the blame that the people are enduring squarely on DemCom politicians.

Kick them in the face...or stay home and start the campaign to end their despotic backward reign of terror.  You will only get donkey-punched if you try to accommodate them!
Title: Re: Just commodities
Post by: Pandora on April 06, 2022, 01:00:12 PM
The CEOs of these companies must also raise the fact that THEY make about .09 per gallon of gas while the Federal and States taxes on each gallon is about THREE TIMES that ....... at the least!
Title: Re: Just commodities
Post by: Libertas on April 06, 2022, 02:18:57 PM
Yup, good call out.  Especially high punitive states like CA!
Title: Re: Just commodities
Post by: Libertas on April 08, 2022, 08:33:39 AM
Since The Destroyers calling the shots like higher gas and electric prices and hate pipelines...there will be no pipelines...

https://www.zerohedge.com/commodities/us-gas-production-set-fall-lack-pipelines (https://www.zerohedge.com/commodities/us-gas-production-set-fall-lack-pipelines)
Title: Re: Just commodities
Post by: patentlymn on April 08, 2022, 11:43:45 AM
Victoria Nuland is making the rounds. I heard she helped kill off any eastern med gas pipeline. She said there was no need for pipelines since they were not green or some such.
Title: Re: Just commodities
Post by: Libertas on April 08, 2022, 12:16:11 PM
Victoria Nuland is making the rounds. I heard she helped kill off any eastern med gas pipeline. She said there was no need for pipelines since they were not green or some such.

They ALL mutter the same BS...

The truth is, they are targeting the enemies they most despise, period.

(https://uploads.disquscdn.com/images/20c180cf8c81978ce7bf022778798bf22b6b298e89051e714af62438360e7a55.jpg)
H/T-WZ
Title: Re: Just commodities
Post by: patentlymn on April 08, 2022, 01:14:27 PM
Brilliant. /s 
Nuland is helping Russia keep the gas price up.


https://youtu.be/Y3E6_XCfxVg
 
Nuland ends EastMed gas. Elensky tour hits Cyprus. Russia out of UN Human Rights Council. Update 1
37,856 views
Apr 8, 2022

also
Title: Re: Just commodities
Post by: Libertas on April 10, 2022, 10:25:01 AM
Yeah, well...all the globalists want to crash things...reckon they think they'll emerge the other side stronger than ever...

Just like before a lot of wars...raising tariffs prevents peace not aggression...

https://www.zerohedge.com/political/biden-paves-way-tariffs-signs-bill-downgrading-russias-trade-status (https://www.zerohedge.com/political/biden-paves-way-tariffs-signs-bill-downgrading-russias-trade-status)

...and it always plays into Imperial/Dictatorial homeland aims PR-wise to further dig in and double-down.

Much like Putin deciding to go into Ukraine made it easy for Despotic Globalists here to spin Enemy Russia PR here...

https://www.zerohedge.com/geopolitical/7-10-americans-see-russia-enemy (https://www.zerohedge.com/geopolitical/7-10-americans-see-russia-enemy)

...when they should be viewed as a rival, not a friend...not a direct enemy...I've already admitted to loathing their connection to batshyt-crazy terrorists and communists...Iran, Venezuela, Cuba...not just China (who also supports Iran, Marxist African nations, Nork's etc)...as well as questioning their Christian supremacy given whom they align with, arm and provide nuclear expertise to...but they needn't have been ostracized as an enemy...well, all that is out the door now, doesn't matter...the PTB's and their puppets are not and will never listen to us, they hate us...their actions blowing back on us is not a mistake, it is part of the plan.  They with their wealth and stranglehold on industries and government consider themselves immune from the chaos they wreak.  We shall see about that...

In other market-related news...

We continue to get raped by Chi-Com schemers and they cannot do it without SEC acquiescence...

https://www.zerohedge.com/economics/china-insiders-steal-billions-us-investors (https://www.zerohedge.com/economics/china-insiders-steal-billions-us-investors)

...and despite the so-called tougher standards on American's...insiders still reap ill-gotten gains...look at corrupt Pols from Pelosi on down who make hundreds and thousands of times more money than their government stipends provide.

Ukraine's harvest prospects look devastating...

https://www.zerohedge.com/commodities/shocking-estimates-show-ukraines-crop-harvest-could-be-halved (https://www.zerohedge.com/commodities/shocking-estimates-show-ukraines-crop-harvest-could-be-halved)

And with all the sanction-mania occurring the BRICS are moving towards their own settlement system which would amp-up the de-dollarization stakes...

https://www.zerohedge.com/geopolitical/russia-urges-brics-nations-create-own-swift-system-warns-sanctions-are-destroying (https://www.zerohedge.com/geopolitical/russia-urges-brics-nations-create-own-swift-system-warns-sanctions-are-destroying)

...and who believes the current Destroyers occupying power won't dick that up worse with more stupid actions?

All this means we as citizens need to figure out how to get ahead of this mess.

Frankly, trends being what they are betting on worse in all respects seems a pretty safe wager...so, inflation, collapsing commodities markets...de-dollarization...I think it almost certain they'll be bank runs and paper assets going up in flames that will end factoring outfits overnight with no equity to leverage...and explode prices on tangible commodities like the past 100 years never happened.  All fiat will suffer, but not as much as the high-debt nations...of which nobody is higher than America.

Load up on tangible goods while you can, use your fiat while you can.  When all this hits the fan "too late" is going to hit fast and hard and hurt like a train hit you in the face.
Title: Re: Just commodities
Post by: patentlymn on April 10, 2022, 11:43:13 AM

I do not GAF about Russia as to any tariffs but these people might want to consider the well being of the US for once.
Whenever I hear "Ukraine reconstruction fund" I think of massive graft.
Title: Re: Just commodities
Post by: Libertas on April 11, 2022, 08:43:26 AM
The reset they seek has multiple targets...but essentially everyone's citizens are the main target.

Title: Re: Just commodities
Post by: Libertas on April 14, 2022, 09:58:24 AM
Ouch!

https://theconservativetreehouse.com/blog/2022/04/13/producer-price-index-sets-new-record-at-11-2-percent-wholesale-inflation-highest-rate-ever-recorded/ (https://theconservativetreehouse.com/blog/2022/04/13/producer-price-index-sets-new-record-at-11-2-percent-wholesale-inflation-highest-rate-ever-recorded/)

The retail hit won't be pretty...   ::speechless::

FJB!!!

ETA - And catching MonkeyWerx yesterday...somebody had to bring this to Monkey's attention too because we've been focused on Black Sea, Med, US and Europe...and Monkey felt chagrined as he has a USAF & logistics background...but that Shanghai lockdown is creating a massive back up...

https://www.marinetraffic.com/en/ais/home/centerx:122.6/centery:30.9/zoom:9 (https://www.marinetraffic.com/en/ais/home/centerx:122.6/centery:30.9/zoom:9)

Looks like a fricken bait-ball!  That's an insane amount of boats, mostly cargo (green) just sitting there...waiting...

Meanwhile people all over the globe dependent upon their output will see warehouses emptied out...retail shelves go empty...citizens in panic mode...

Even if they lifted the lockdown today...how many still alive to work able to work, how many replaced and how quick?  They could run shifts 24/7 and it would take several months to fill these ships and send them off...do they even have that much product to fulfill?  Even if that is overcome, it will take several weeks travel to hit most destinations, more time for off-loading, more time for stocking warehouses and filling distribution centers and then hitting retail shelves where it could be Black Friday conditions or worse maybe 5-6 months from now?

Scary stuff.

Monkey says from flight data tracking Amazon is trying to solve its notorious turnover problems with Latin imports, and we don't know if on work visas or what...

Gonna be a squirrely summer and fall...
Title: Re: Just commodities
Post by: Libertas on April 16, 2022, 10:20:37 AM
Yet again the illegitimate JoeFraud regime aka Obamao Shadow Government rededicates itself to the proposition that the American people neither deserve nor will be allowed domestic energy independence or economic sanity!

"The Biden Obamao Shadow administration said that it would reduce the amount of land it would sell oil and gas leases on by 80% and increase royalty rates for drillers (from 12.50% to 18.75%) in a late Good 'Eff You, Serfs!' Friday announcement drive-by media dump."
https://dailycaller.com/2022/04/15/joe-biden-interior-department-oil-gas-drilling/

FIFY

Industry should tell these despots to go screw themselves.  Time to be like Ellis Wyatt...
Title: Re: Just commodities
Post by: Libertas on April 16, 2022, 11:27:21 AM
This isn't good...

https://www.zerohedge.com/commodities/black-swan-event-top-us-fertilizer-producer-hit-rail-delays-midwest (https://www.zerohedge.com/commodities/black-swan-event-top-us-fertilizer-producer-hit-rail-delays-midwest)

...those who haven't switched to lower fertilizer need crops could be in serious trouble.  Those dependent upon feed corn likely also in a pinch.

Apparently Union Pacific is allowed to do this limiting of private cars in an effort to reduce supply chain (see Port of LA disaster et al) issues...something they cannot do easily without government (FEDS!) blessing...so, more cheap Chi-Com stuff...but at a cost of possible starvation at worse to even disturbingly higher food prices at best...and no guarantee industries or farms survive...

 ::speechless::
Title: Re: Just commodities
Post by: Libertas on April 20, 2022, 08:47:30 AM
Food pressures will mount...

Scratch Ukraine - https://www.zerohedge.com/commodities/one-third-ukraine-farmland-may-go-unplanted-russia-begins-second-phase-war (https://www.zerohedge.com/commodities/one-third-ukraine-farmland-may-go-unplanted-russia-begins-second-phase-war)

If 1/3 is unplanted...I reckon half of what is will likely be half yield...so net harvest would be at best maybe 1/3 normal.

Rice harvests look lower in Asia - https://www.zerohedge.com/commodities/global-rice-production-may-plunge-threatening-half-humanity (https://www.zerohedge.com/commodities/global-rice-production-may-plunge-threatening-half-humanity)

And if estimating 10% drop initially it likely will be more...especially if fertilizer isn't used/available...

And Oregon fans of organic food (the whole state I'm guessing) sees top distributor HQ go up in flames...no cause identified, naturally - https://www.columbiagorgenews.com/fire-destroys-azure-standard-headquarter-facility/article_7df4657c-c03e-11ec-a8c2-5f88e266c6db.html (https://www.columbiagorgenews.com/fire-destroys-azure-standard-headquarter-facility/article_7df4657c-c03e-11ec-a8c2-5f88e266c6db.html)

Title: Re: Just commodities
Post by: Pandora on April 20, 2022, 10:13:34 AM
https://www.cfindustries.com/newsroom/2022/union-pacific-shipping-restrictions (https://www.cfindustries.com/newsroom/2022/union-pacific-shipping-restrictions)

Quote
CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today informed customers it serves by Union Pacific rail lines that railroad-mandated shipping reductions would result in nitrogen fertilizer shipment delays during the spring application season and that it would be unable to accept new rail sales involving Union Pacific for the foreseeable future. The Company understands that it is one of only 30 companies to face these restrictions.

CF Industries ships to customers via Union Pacific rail lines primarily from its Donaldsonville Complex in Louisiana and its Port Neal Complex in Iowa. The rail lines serve key agricultural areas such as Iowa, Illinois, Kansas, Nebraska, Texas and California. Products that will be affected include nitrogen fertilizers such as urea and urea ammonium nitrate (UAN) as well as diesel exhaust fluid (DEF), an emissions control product required for diesel trucks. CF Industries is the largest producer of urea, UAN and DEF in North America, and its Donaldsonville Complex is the largest single production facility for the products in North America.

Doubling down here on Libertas' post ...........
Title: Re: Just commodities
Post by: patentlymn on April 20, 2022, 10:58:40 AM
It was the govt response to covid that killed economies, not covid.
It is the govts responses to Ukraine that did this.  On top of the previous sanctions against Russia with screwed Ukraine worse than Russia. On top of the US backed coup in 2014.

All it would have taken was a phone call from the US govt to Ukraine to avoid all this.
"You will honor the Minsk agreements, meet with the Donbas as you agreed, stop shelling the Donbas, and we just went public with announcements that Ukraine will never be part of NATO, will be neutral,  and will not have nukes. If you do not do this you will not receive one US dollar in aid."

After the invasion began the US still could have done similar things. Instead the US sent more money. The EU choice to ban Russia gas and oil is their choice and suicidal, not the choice of Russia.

BTW I read that the US is sending oil from the strategic reserve to the EU?


Title: Re: Just commodities
Post by: Libertas on April 21, 2022, 09:53:00 AM
Could have been avoided too if Putin had honored the Budapest Memorandum...tit/tat...woopty-doo!

Water under the bridge, nobody cares...

Yeah, SPR releases going to EU...as is our LNG...

See this?

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/1_32.jpg)

https://www.zerohedge.com/economics/stockman-exposes-inflationary-hell-thats-about-break-loose (https://www.zerohedge.com/economics/stockman-exposes-inflationary-hell-thats-about-break-loose)

The fun has just started...it'll be a fun race between death by global thermonuclear war, death by economic collapse, death by civil war/revolution, death by bio-terror, death by...well whatever.  I think it could be tie between 2 or 3 of these...

Oh, add food riots...

https://twitter.com/drafttucker2024/status/1516553727976558600 (https://twitter.com/drafttucker2024/status/1516553727976558600)

Ahh well, prepare for the worst, hope for the best...   ::beertoast::
Title: Re: Just commodities
Post by: Libertas on April 22, 2022, 09:03:16 AM
Lots of fires on food plants/distribution centers...

https://youtu.be/aBhLxSGtAJ4

...but "officials" saying other causes, equipment and such...nothing nefarious...

Uhh huh, if nefarious...it would look coordinated and intentional, would they really be allowed to admit it?

 ::saywhat::
Title: Re: Just commodities
Post by: Libertas on April 23, 2022, 01:16:43 PM
(https://uploads.disquscdn.com/images/5cae9442b991a0f07362f95a347dd88393eeb5e263eb0c0bc50110e6afb0e21e.jpg)

To cabalists it's all just a coincidence...

 ::unknowncomic::
Title: Re: Just commodities
Post by: Libertas on April 23, 2022, 02:05:06 PM
It's easy to sucker fools who believe in lies...

https://twitter.com/ShellenbergerMD/status/1499386637066727424
Title: Re: Just commodities
Post by: paulh on April 23, 2022, 02:31:53 PM
Went to BJ's today for 1/2n1/2 and eggs. The 3 dozen pack normally about $5.00 was amost $10.00
I think I could buy a few chickens for that much. Still have the coops from years ago
Title: Re: Just commodities
Post by: patentlymn on April 23, 2022, 02:41:50 PM
(https://uploads.disquscdn.com/images/5cae9442b991a0f07362f95a347dd88393eeb5e263eb0c0bc50110e6afb0e21e.jpg)

To cabalists it's all just a coincidence...

 ::unknowncomic::

Long ago a friend proposed a way to make money. Infect herds with hoof and mouth disease and/or use wheat fungus or rust and highly leverage the right futures.

Years ago some Chinese maybe air dropped or used other means to introduce infected pigs into non infected herds to raise the price of pork.
Title: Re: Just commodities
Post by: Libertas on April 25, 2022, 08:26:47 AM
I guess some in the People's Paradise of Communist China are not hopeful their super-efficient managers of all aspects of existence will adequately care for them...

Remember this phrase - "Long Pig"

https://michaelyon.com/dispatches/long-pig/ (https://michaelyon.com/dispatches/long-pig/)

 ::speechless::

ETA - On the plus side...Gold as slide back to pre-Putin Ukraine invasion levels...

https://www.zerohedge.com/commodities/gold-tumbles-below-1900-erases-all-post-putin-risk-premia (https://www.zerohedge.com/commodities/gold-tumbles-below-1900-erases-all-post-putin-risk-premia)

...might be the last buying opportunity before The Big Unzipping...

...and a quick check reveals there is some inventory available for sale, though premiums are still scamdemic high...

...but, could be last opportunity, who knows?  Lately I've been wondering...this last time I buy X, last time I see the Dentist, last time I _______?

 :P
Title: Re: Just commodities
Post by: Libertas on April 27, 2022, 08:42:58 AM
(https://s-media-cache-ak0.pinimg.com/originals/20/3e/9c/203e9ce36062d82276af3b894406f4da.jpg)

https://www.zerohedge.com/economics/chronic-shortages-few-items-now-will-evolve-chronic-shortages-hundreds-products-later (https://www.zerohedge.com/economics/chronic-shortages-few-items-now-will-evolve-chronic-shortages-hundreds-products-later)

NJ beef processing plant recall...

https://thehill.com/policy/finance/3463662-more-than-60-tons-of-ground-beef-recalled/?rl=1 (https://thehill.com/policy/finance/3463662-more-than-60-tons-of-ground-beef-recalled/?rl=1)

Do not see the labels listed in the linked text in my area, could be these are more mid-Atlantic states affected...?

Reckon we'll see more of this pop up time to time...
Title: Re: Just commodities
Post by: Libertas on May 02, 2022, 08:23:16 AM
Interesting...but not surprising...

https://www.zerohedge.com/energy/hungary-throws-eu-neighbors-under-bus-says-10-nations-technically-buying-gas-rubles-putin (https://www.zerohedge.com/energy/hungary-throws-eu-neighbors-under-bus-says-10-nations-technically-buying-gas-rubles-putin)

...either nations have sovereignty...or they don't...most masters despise rebellious vassals...

We shall see...

And guess?  Yes, more fires...

https://www.thegatewaypundit.com/2022/05/firefighters-respond-industrial-fire-perdue-farms-facility/ (https://www.thegatewaypundit.com/2022/05/firefighters-respond-industrial-fire-perdue-farms-facility/)

Anybody know where the FBI Amerikan KGB is at?  They gotta be involved in all of these...they're across the entire nation!

Also, already mentioned Blackrock...guess Vanguard is a partner in cornering contorl...

https://noqreport.com/2022/05/02/wake-up-call-blackrock-and-vanguard-are-nearly-in-total-control-of-food-production-and-distribution-in-america/ (https://noqreport.com/2022/05/02/wake-up-call-blackrock-and-vanguard-are-nearly-in-total-control-of-food-production-and-distribution-in-america/)

So, between fires and management things are looking scary...also, check out Team Depends thoughts on man-made fertilizer disaster...

“Fertilizer shortages are real now because Russia is a big exporter of fertilizer,” Power said told ABC’s “This Week” on Sunday. “And even though fertilizer is not sanctioned, less fertilizer is coming out of Russia. As a result, we’re working with countries to think about natural solutions like manure and compost.”
https://www.infowars.com/posts/never-let-a-crisis-go-to-waste-biden-official-celebrates-fertilizer-shortages-forcing-farmers-to-seek-natural-solutions/ (https://www.infowars.com/posts/never-let-a-crisis-go-to-waste-biden-official-celebrates-fertilizer-shortages-forcing-farmers-to-seek-natural-solutions/)

Point of inquiry - How effective are composted Marxists as fertilizer?  Asking for lots and lots of friends...

Title: Re: Just commodities
Post by: Libertas on May 06, 2022, 08:32:43 AM
https://www.zerohedge.com/energy/eu-policy-chiefs-warn-against-creating-new-lng-dependence (https://www.zerohedge.com/energy/eu-policy-chiefs-warn-against-creating-new-lng-dependence)

I find that hilarious.
Title: Re: Just commodities
Post by: paulh on May 06, 2022, 08:52:42 AM
Ten days ago gas fell below $4.00, today $4.51 ::pullhair::
Title: Re: Just commodities
Post by: Libertas on May 06, 2022, 10:54:00 AM
We should be submitting reimbursement requests to the DNC...

ETA - See this?  This is getting scary...

https://www.zerohedge.com/markets/us-distillate-stocks-fall-critically-low (https://www.zerohedge.com/markets/us-distillate-stocks-fall-critically-low)

The window may be closing to get what you can while you can...

The lunatics may want to crash things...like, real damn soon...
Title: Re: Just commodities
Post by: patentlymn on May 06, 2022, 08:59:09 PM
I know I keep posting this but it keeps being relevant.
"You can ignore reality but you cannot ignore the consequences of ignoring reality"-Ayn Rand
Title: Re: Just commodities
Post by: Libertas on May 09, 2022, 08:04:57 AM
Sure...but for too many folks this is not the generation for common sense...it is the generation of degeneration...
Title: Re: Just commodities
Post by: Libertas on May 11, 2022, 09:29:03 AM
Hearing a lot on the diesel squeeze...bit these charts on margins and inventories are scary...and I don't think most people understand the flexing capacity issues that costs drive and how "conservation" efforts lowering demand exacerbate that...and it will get worse if the economy continues to degrade (see Implode thread) which it will...collapsing demand, collapsing capacity...scarcity.

https://www.zerohedge.com/markets/widespread-us-diesel-shortages-send-crack-spreads-mindblowing-highs (https://www.zerohedge.com/markets/widespread-us-diesel-shortages-send-crack-spreads-mindblowing-highs)
Title: Re: Just commodities
Post by: Pandora on May 12, 2022, 11:19:48 AM
I've been hearing that our baby formula has been going to the border for ILLEGALS; now this:

https://www.americanthinker.com/blog/2022/05/pallets_and_pallets_of_baby_formula_for_illegals_nothing_on_the_shelves_for_americans.html (https://www.americanthinker.com/blog/2022/05/pallets_and_pallets_of_baby_formula_for_illegals_nothing_on_the_shelves_for_americans.html)

They really are trying to kill us all, one way or the other!

 ::rockets::   ::machinegun::    ::overkill::
Title: Re: Just commodities
Post by: Libertas on May 12, 2022, 11:43:55 AM
Cue to the 4 min. mark...

https://youtu.be/JPkL6c4XTwk
Title: Re: Just commodities
Post by: Pandora on May 12, 2022, 12:36:56 PM
Cue to the 4 min. mark...

https://youtu.be/JPkL6c4XTwk

One of my most favorite movies!
Title: Re: Just commodities
Post by: Pandora on May 12, 2022, 12:49:28 PM
I've been hearing that our baby formula has been going to the border for ILLEGALS; now this:

https://www.americanthinker.com/blog/2022/05/pallets_and_pallets_of_baby_formula_for_illegals_nothing_on_the_shelves_for_americans.html (https://www.americanthinker.com/blog/2022/05/pallets_and_pallets_of_baby_formula_for_illegals_nothing_on_the_shelves_for_americans.html)

They really are trying to kill us all, one way or the other!

 ::rockets::   ::machinegun::    ::overkill::

Aaaand, they're sending our formula to Ukraine as well ............

https://twitchy.com/samj-3930/2022/05/12/americalast-is-so-on-brand-for-this-admin-illegal-migrants-at-the-border-getting-pallets-of-hard-to-find-baby-formula-photos/ (https://twitchy.com/samj-3930/2022/05/12/americalast-is-so-on-brand-for-this-admin-illegal-migrants-at-the-border-getting-pallets-of-hard-to-find-baby-formula-photos/)
Title: Re: Just commodities
Post by: paulh on May 12, 2022, 12:58:19 PM
Cue to the 4 min. mark...

https://youtu.be/JPkL6c4XTwk

One of my most favorite movies!
[/quot
What's the title?
Title: Re: Just commodities
Post by: Pandora on May 12, 2022, 02:03:27 PM
Cue to the 4 min. mark...

https://youtu.be/JPkL6c4XTwk

One of my most favorite movies!
What's the title?

RED. (Or maybe R.E.D.)
Title: Re: Just commodities
Post by: paulh on May 12, 2022, 02:12:56 PM
Thanks, can't believe I missed this one.
Title: Re: Just commodities
Post by: benb61 on May 12, 2022, 04:25:18 PM
R.E.D II was good also.
Title: Re: Just commodities
Post by: Libertas on May 13, 2022, 08:19:00 AM
Yup, baby formula to Ukraine...and knowing these incompetent by design pukes (it's about harvesting money above all else) it'll be squandered...some lost to the black market, some just rotting in a government warehouse and spoiled...

And SPR to Euro's...

LNG to Euro's...

It's like handouts to deadbeat do-nothing lazy-ass bastards...it breeds no good will, it breeds more dependence, more demands, more envy and sloth!

And when we collapse...we can count on absolutely nothing from them...heck, they'll probably join in the plunder, rape and pillage...
Title: Re: Just commodities
Post by: Libertas on May 13, 2022, 08:19:45 AM
Cue to the 4 min. mark...

https://youtu.be/JPkL6c4XTwk

One of my most favorite movies!

Me too!   :D
Title: Re: Just commodities
Post by: Pandora on May 13, 2022, 09:07:51 AM
Yup, baby formula to Ukraine...and knowing these incompetent by design pukes (it's about harvesting money above all else) it'll be squandered...some lost to the black market, some just rotting in a government warehouse and spoiled...

And SPR to Euro's...

LNG to Euro's...

It's like handouts to deadbeat do-nothing lazy-ass bastards...it breeds no good will, it breeds more dependence, more demands, more envy and sloth!

And when we collapse...we can count on absolutely nothing from them...heck, they'll probably join in the plunder, rape and pillage...

Speaking of handouts, I saw a pic of two signs on mostly bare store shelves regarding baby formula.  One read that there is a limit on formula purchases; the other read that EBT-card holders are exempt from purchase limits.

I wonder how much EBT-card purchases of formula were made and then sold for drug money.
Title: Re: Just commodities
Post by: Libertas on May 13, 2022, 09:17:13 AM
FWIW - https://www.zerohedge.com/political/rand-paul-delays-vote-40-billion-ukraine-package-calls-spending-oversight (https://www.zerohedge.com/political/rand-paul-delays-vote-40-billion-ukraine-package-calls-spending-oversight)

Whatever, an IG can only do an autopsy...there is no undoing the deed...

As for this -

https://www.zerohedge.com/commodities/opec-misses-production-target-whopping-27-million-bpd (https://www.zerohedge.com/commodities/opec-misses-production-target-whopping-27-million-bpd)

...the African producers have also been the most problematic for corruption and theft.

And this...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/ration.jpg)

https://www.zerohedge.com/commodities/diesel-be-rationed-east-coast-summer-warns-us-oil-billionaire (https://www.zerohedge.com/commodities/diesel-be-rationed-east-coast-summer-warns-us-oil-billionaire)

...will not go over well...and is but the first ripple of many to come...exacerbated intentionally by the hostile to domestic energy occupation government...

Strap in...this ride is about to get fugly...
Title: Re: Just commodities
Post by: Libertas on May 13, 2022, 09:17:52 AM
Yup, baby formula to Ukraine...and knowing these incompetent by design pukes (it's about harvesting money above all else) it'll be squandered...some lost to the black market, some just rotting in a government warehouse and spoiled...

And SPR to Euro's...

LNG to Euro's...

It's like handouts to deadbeat do-nothing lazy-ass bastards...it breeds no good will, it breeds more dependence, more demands, more envy and sloth!

And when we collapse...we can count on absolutely nothing from them...heck, they'll probably join in the plunder, rape and pillage...

Speaking of handouts, I saw a pic of two signs on mostly bare store shelves regarding baby formula.  One read that there is a limit on formula purchases; the other read that EBT-card holders are exempt from purchase limits.

I wonder how much EBT-card purchases of formula were made and then sold for drug money.

Yeah...I'll take the "over" on that bet...

ETA - Seems worth a shot, eh?

(https://theconservativetreehouse.com/wp-content/uploads/2022/05/Babylon-Bee1.jpg)
H/T-BB via CTH

 :o

Also, saw this at CTH -

https://twitter.com/or_consequences/status/1524977201975857159

If true, great, give it a shot...but being Amazon...make sure it isn't from Communist China and laced with God knows what?!

Also, a blast from the past...

(https://uploads.disquscdn.com/images/790e9df0547a8ba59c9cd756b82ad480dfa6c64bf4ead1013e12934326aae5e8.jpg)
H/T-WZ

Is evaporated milk around?  I guess never looking for it or noticing it I have no idea...
Title: Re: Just commodities
Post by: Pandora on May 13, 2022, 02:17:24 PM
Evaporated milk is still around.

A man called in to a radio show (which one I cannot remember) saying he was getting his formula from the Netherlands, good stuff he said, but the last two shipments had been confiscated.
Title: Re: Just commodities
Post by: Libertas on May 13, 2022, 03:33:09 PM
Confiscated?  Feds?   ::outrage::
Title: Re: Just commodities
Post by: Pandora on May 13, 2022, 04:26:47 PM
Confiscated?  Feds?   ::outrage::

Guess so .......... Customs ...........
Title: Re: Just commodities
Post by: patentlymn on May 13, 2022, 05:26:31 PM

I read that EU formulas did not have FDA approval because there was no way to make sure that the temp was controlled during shipment which might degrade effectiveness.

If OKed in Canada I expect smuggling followed by Canadian controls as their supplies run low.
Title: Re: Just commodities
Post by: Libertas on May 14, 2022, 07:31:17 AM
Funny, told a co-worker going on a Canadian fishing trip next month to load up and make a killing back here...be easier as travelling Lake of the Woods to get to his friends place...

But who knows, by then they could be plum out too...
Title: Re: Just commodities
Post by: Pandora on May 14, 2022, 10:59:03 AM
Yup, baby formula to Ukraine...and knowing these incompetent by design pukes (it's about harvesting money above all else) it'll be squandered...some lost to the black market, some just rotting in a government warehouse and spoiled...

And SPR to Euro's...

LNG to Euro's...

It's like handouts to deadbeat do-nothing lazy-ass bastards...it breeds no good will, it breeds more dependence, more demands, more envy and sloth!

And when we collapse...we can count on absolutely nothing from them...heck, they'll probably join in the plunder, rape and pillage...

Speaking of handouts, I saw a pic of two signs on mostly bare store shelves regarding baby formula.  One read that there is a limit on formula purchases; the other read that EBT-card holders are exempt from purchase limits.

I wonder how much EBT-card purchases of formula were made and then sold for drug money.

I erred; it's not EBT, it's WIC.

(https://thelibertydaily.com/wp-content/uploads/2022/05/Baby-Formula-1200x630.jpg)
Title: Re: Just commodities
Post by: Pablo de Fleurs on May 14, 2022, 11:40:39 AM
Yup, baby formula to Ukraine...and knowing these incompetent by design pukes (it's about harvesting money above all else) it'll be squandered...some lost to the black market, some just rotting in a government warehouse and spoiled...

And SPR to Euro's...

LNG to Euro's...

It's like handouts to deadbeat do-nothing lazy-ass bastards...it breeds no good will, it breeds more dependence, more demands, more envy and sloth!

And when we collapse...we can count on absolutely nothing from them...heck, they'll probably join in the plunder, rape and pillage...

Speaking of handouts, I saw a pic of two signs on mostly bare store shelves regarding baby formula.  One read that there is a limit on formula purchases; the other read that EBT-card holders are exempt from purchase limits.

I wonder how much EBT-card purchases of formula were made and then sold for drug money.

I erred; it's not EBT, it's WIC.

(https://thelibertydaily.com/wp-content/uploads/2022/05/Baby-Formula-1200x630.jpg)

Hmm . . .

 Artificial breast milk firm that offers an environmentally-friendly alternative to baby formula gets $3.5 million from investment fund backed by Bill Gates, Jeff Bezos and Mark Zuckerberg (https://www.dailymail.co.uk/sciencetech/article-8439159/Artificial-breast-milk-start-gets-3-5-million-Bill-Gates-founded-investment-fund.html)
Title: Re: Just commodities
Post by: Libertas on May 15, 2022, 10:05:17 AM
The three asses of the apocalypse?  Parents should pass on that! 

See this?

https://theconservativetreehouse.com/blog/2022/05/14/india-reverses-prior-position-and-will-now-block-further-wheat-exports-triggering-g7-concerns/

I think this is going to be a growing theme...replicated down to the individual level...

And the war on domestic energy production continues to be waged by this illegitimate occupation government...

https://theconservativetreehouse.com/blog/2022/05/14/india-reverses-prior-position-and-will-now-block-further-wheat-exports-triggering-g7-concerns/

...and don't waste time seeking comment from that Marxist Puppet Murkowski...anything flowing out of the yap of that succubus will be lies anyway!
Title: Re: Just commodities
Post by: Libertas on May 16, 2022, 12:37:47 PM
https://www.zerohedge.com/commodities/gas-prices-hit-new-record-amid-refinery-bottlenecks-and-tight-supplies (https://www.zerohedge.com/commodities/gas-prices-hit-new-record-amid-refinery-bottlenecks-and-tight-supplies)

This will leave a mark...
Title: Re: Just commodities
Post by: Libertas on May 18, 2022, 09:25:01 AM
The plandemic caused infrastructure contraction, inflation is going to throttle any capital expenditures...capacity will remain static or possibly decline if maintenance issues arise...seems abroad-based economic contraction is the only option possible...

https://www.zerohedge.com/energy/high-gasoline-and-diesel-prices-are-here-stay (https://www.zerohedge.com/energy/high-gasoline-and-diesel-prices-are-here-stay)

...and it means the only remaining clash will be corrupt elections and angry masses...
Title: Re: Just commodities
Post by: Libertas on May 18, 2022, 12:14:23 PM
https://www.weaselzippers.us/482171-u-s-to-lift-sanctions-on-venezuelan-oil-rather-than-drill-more-in-america/ (https://www.weaselzippers.us/482171-u-s-to-lift-sanctions-on-venezuelan-oil-rather-than-drill-more-in-america/)

Yet more proof commies love other commies and hate their own people more than Euroclowns across the drink...

 ::outrage::
Title: Re: Just commodities
Post by: patentlymn on May 20, 2022, 07:27:47 PM

I respect the Duran and they respect Jacob Dreizin. He predicted a year of famine in 2022 back in Nov 2021 and updated Dec 2021. Why? Green energy policies, less nat gas for fertilizers. Sanctions on Belarus. etc. Who to blame? Now in May 2022 we will blame Putin of course.


https://thedreizinreport.com/2021/11/16/the-famine-year-approaches/
 The Famine Year Approaches

Published by dreizinreport on November 16, 2021
...
UPDATE : December 3, 2021
My specific focus is on food prices and food shortages.  Price charts for all types of agricultural fertilizer sold in the USA are still on a vertical up-slope, well past their previous all-time highs.  As of now, predictions of doom and distress from fertilizer supply guys are being carried in farm publications here in the USA and in Canada. 

It is now clear that there will not be enough fertilizer available for 2022 spring planting not only in developing countries such as India, but also here at home.
...
2nd UPDATE : December 15, 2021

The European energy picture is degrading at an accelerating rate.  From Finland to France and almost all points in between, wind power generation is still (same as all year) off by about one-third relative to what is “normally” expected.  For countries like Germany and Denmark that rely on wind for about a quarter (or in Denmark’s case, closer to 40 percent) of their electrical generation, this is a massive hit that requires burning more coal and natural gas to compensate—but the gas is just not quite there.  Or rather, it soon won’t be.

The great system of underground gas reservoirs that was set up with Gazprom’s help about 10-11 years ago, has gone from 68 percent to 60 percent full (the latter figure being more consistent with mid-January in a normal year) in just the first two weeks of December, before winter has even properly started in most European countries. And in the Ukraine, the winter gas storage top-up has been used up completely—they are back to where they were around late October. 

The Federal bureaucracy is only making things worse, in a form of national and global assisted suicide.  On behalf of CF Industries Holdings, Inc., they have levied or are about to levy anti-dumping penalties on nitrogen-based fertilizer exporters in Russia, Morocco, and Trinidad.  Russian exporters, in particular, who reportedly provide about 40 percent of our ammonium nitrate, may be required to put up a cash deposit of around nine percent on their shipments here.
Title: Re: Just commodities
Post by: Libertas on May 23, 2022, 08:07:32 AM
It began the plandemic lockdown...and the world went along with it...when corruption and lust for power collides the result is as predictable as it is evil and it all would have been preventable if not for cowardice...
Title: Re: Just commodities
Post by: Libertas on May 25, 2022, 08:37:43 AM
https://www.zerohedge.com/commodities/india-expected-announce-sugar-export-restrictions-amid-mounting-food-protectionism (https://www.zerohedge.com/commodities/india-expected-announce-sugar-export-restrictions-amid-mounting-food-protectionism)

There will be more of this...
Title: Re: Just commodities
Post by: Libertas on May 25, 2022, 12:16:03 PM
And if they are saying this...

https://www.weaselzippers.us/482392-biden-advisor-doesnt-rule-out-electricity-blackouts-across-america-this-summer/ (https://www.weaselzippers.us/482392-biden-advisor-doesnt-rule-out-electricity-blackouts-across-america-this-summer/)

...then it is not a possibility but a certainty...and they are doing nothing to mitigate it...just like not opening up energy domestically like Trump did and wean off the foreign devils...no, they are choosing not to do anything...it is intentional...

And the 10mmMan posting this encapsulated that perfectly with this gem -

(https://uploads.disquscdn.com/images/0d794476a8eb3e01d9b88251c4c98455b0facbd71684f7a69ef4eeaa129ed5b4.png)

Be sure to give proper credit where it is certainly due!!!
Title: Re: Just commodities
Post by: ToddF on May 25, 2022, 01:17:33 PM
They're doing something.  They're purposefully reducing what we now have.  Our generating capacity is falling while demand is increasing.
Title: Re: Just commodities
Post by: Pandora on May 25, 2022, 05:36:20 PM
They're doing something.  They're purposefully reducing what we now have.  Our generating capacity is falling while demand is increasing.

And they're pushing for electric cars onto the same failing grid system and reduced capacity.

They're not insane; they're demonic.
Title: Re: Just commodities
Post by: patentlymn on May 25, 2022, 06:21:34 PM


There are two paths if you pay attention.
1. Cheap reliable electricity.
2. Expensive unreliable electricity but have some bad people to blame.

E.g. see the Texas blackouts last February. Sucky power but blame TX because it has its own grid, did not build turbines for cold weather. Criticizing green energy is not allowed. The facts are twisted to fit the  only approved narrative.  When EU freezes in the dark it will be because there are not enough turbines or due to Putin even if Russia ships more gas than last year.

Title: Re: Just commodities
Post by: Libertas on May 31, 2022, 12:55:58 PM
Oh yeah...

https://minnesota.cbslocal.com/2022/05/31/wright-county-egg-farm-fire/ (https://minnesota.cbslocal.com/2022/05/31/wright-county-egg-farm-fire/)

...more sketchy mayhem in the food production business...

And this?

https://www.thegatewaypundit.com/2022/05/us-military-rationing-meals-700-billion-budget-going/ (https://www.thegatewaypundit.com/2022/05/us-military-rationing-meals-700-billion-budget-going/)

Smells funky too.  No context given.  Zero.

Fertilizer costs going insane...

https://www.thegatewaypundit.com/2022/05/midwest-farmers-squeezed-soaring-fertilizer-prices-average-farmer-sees-fertilizer-bill-175000-last-year/ (https://www.thegatewaypundit.com/2022/05/midwest-farmers-squeezed-soaring-fertilizer-prices-average-farmer-sees-fertilizer-bill-175000-last-year/)

...as usual socialists behind all the destruction are going to try imposing price controls...with the shortages they've created that will fail massively.

And going to and from the lake...my eyes were shown a story of third's...one third of fields unattended...one third plowed but no evidence of growth...one third growing something and most look to be soybeans...no evidence of corn...

ETA - More shady activity...

https://twitter.com/Resist_05/status/1530691902005460993 (https://twitter.com/Resist_05/status/1530691902005460993)

Sabotage...or refused to allow an upgrade to Rearden Steel.
Title: Re: Just commodities
Post by: ToddF on May 31, 2022, 03:29:54 PM
Quote
and most look to be soybeans

That's actually a thing as soybeans use less fertilizer.  I wonder where the corn for gasohol will come from?
Title: Re: Just commodities
Post by: Libertas on June 01, 2022, 08:07:28 AM
Quote
and most look to be soybeans

That's actually a thing as soybeans use less fertilizer.  I wonder where the corn for gasohol will come from?

If they're paying people to slaughter their animals...probably get their silage...  ::)
Title: Re: Just commodities
Post by: Libertas on June 09, 2022, 08:44:18 AM
https://www.zerohedge.com/markets/soaring-fertilizer-prices-unleash-chaos-hunger-worldwide (https://www.zerohedge.com/markets/soaring-fertilizer-prices-unleash-chaos-hunger-worldwide)

It's not like starving desperate people have ever...uhhh...toppled governments...er...umm...

Title: Re: Just commodities
Post by: Libertas on June 09, 2022, 09:09:10 AM
https://www.zerohedge.com/geopolitical/israel-sends-navy-escort-drilling-rig-disputed-gas-field (https://www.zerohedge.com/geopolitical/israel-sends-navy-escort-drilling-rig-disputed-gas-field)

Lebanon is screwed...they cannot even control their own country...and everyone from Syria to Iran treats them like a third cousin several times removed...
Title: Re: Just commodities
Post by: patentlymn on June 09, 2022, 02:08:26 PM
https://www.zerohedge.com/markets/soaring-fertilizer-prices-unleash-chaos-hunger-worldwide (https://www.zerohedge.com/markets/soaring-fertilizer-prices-unleash-chaos-hunger-worldwide)

It's not like starving desperate people have ever...uhhh...toppled governments...er...umm...

It is so hard to get good reporting. I know that sanctions are preventing potash exports from Belarus.
I think that fertilizer exports from Russia might be sanctioned but I recall that Russia was restricting exports on their own.
Nat gas is used to make fertilizer.


1. Many utilities were converting from coal to nat gas because nat gas was cheaper and perhaps easier to meet EPA regs.
2. The assumption that gas would be cheaper forever seemed stupid to me at the time.
3. Nat gas is the only fuel compatible to spin up turbines fast to match the sudden drop from wind and solar.
4. I recall Germany blowing up a coal plant's cooling towers as they switched to nat gas.
5. I recall Australia blowing up an old coal plant rather then moth ball it.
Title: Re: Just commodities
Post by: patentlymn on June 09, 2022, 02:50:35 PM
https://t.me/EurasianChoice/14990
Current EU political agenda (written in Davos) will push 50 million Europeans into deep poverty. Are European citizens going to accept it passively?
Europeans are not accustomed anymore to live in deep poverty so the new reality will be a shock for them, the latest three generations didn't experience enormous difficulties, so how will they react? This is the question.
On one side having lost the status of wealthy people/nations due to an extremely corrupt & incompetent leadership might lead to uprisings but on the other side the level of brainwashing in society is staggering, people could still believe their liberal elites are not responsible for their misery. Next winter will be extremely interesting.
Title: Re: Just commodities
Post by: Libertas on June 09, 2022, 04:18:00 PM
They have little to no right to arms there...captives...screwed...
Title: Re: Just commodities
Post by: Libertas on June 14, 2022, 09:28:14 AM
See?  Immediately on the heels of the traitor Obamao's call for more censorship (https://itsaboutliberty.com/index.php/topic,19078.0.html) the proof that the desire for despotism is driven by an inability to succeed in a fair debate over the merits of their policy on a level playing field is confirmed!

https://theconservativetreehouse.com/blog/2022/06/13/biden-senior-climate-and-energy-policy-advisor-demands-social-media-companies-immediately-block-content-identifying-biden-policy-as-source-of-energy-inflation/

They fired an emergency flare into the sky declaring accountability is unacceptable and that their fellow travelers in SocialistMedia need to step up their censorship on political dissent.

Their J6 Kangaroo Court (https://itsaboutliberty.com/index.php/topic,18154.new.html#new) is over and failed miserably to convince the nation their lies and distortions have merit, but they do warrant the contempt and rebuke of an oppressed nation fed up with their lies, destructive laws and un-American dictates.

The DemCom's proved beyond a shadow of a doubt that the Bill of Rights was specifically intended to give the American people the means to protect them from everything these corrupt power-mad despots are doing!

Their economic destruction is but one element in their destruction of America...they cannot allow anything factually countering their designs to be aired in the open...it is incompatible with their agenda...and their agenda is not for you, it is for themselves.

(https://media.gab.com/cdn-cgi/image/width=875,quality=100,fit=scale-down/system/media_attachments/files/108/786/932/original/74a5a8b61d3c2d35.jpeg)
H/T-WRSA@GAB

Their schemes are backfiring and failing, they're growing more desperate...now is the time to amp up the pressure on them...and no better weapons than truth and determination.

Title: Re: Just commodities
Post by: Libertas on June 14, 2022, 11:41:59 AM
Just another food plant going up in flames is all...nothing to see here, serf...move along...

https://www.thegatewaypundit.com/2022/06/another-blow-us-food-market-fire-breaks-food-processing-plant-west-waupaca-county-wisconsin/ (https://www.thegatewaypundit.com/2022/06/another-blow-us-food-market-fire-breaks-food-processing-plant-west-waupaca-county-wisconsin/)

 ::speechless::
Title: Re: Just commodities
Post by: Libertas on June 15, 2022, 08:35:46 AM
https://www.zerohedge.com/commodities/raw-materials-fetch-premium-prices (https://www.zerohedge.com/commodities/raw-materials-fetch-premium-prices)

Reality happens...and the psychotic decisions of demonic people usually make reality more vivid.
Title: Re: Just commodities
Post by: Libertas on June 17, 2022, 11:13:56 AM
Nice list of food-related "accidents"...not sure why they started on 2/18/19...but it is a good list...

Kind of clunky, but if you download to PDF and then convert to Excel you can stack the 4 pages of each of the sections and seam the linearly into one spreadsheet you can line up all the data.

https://www.docdroid.net/KOQvjLE/manufactured-famine-ods#page=2 (https://www.docdroid.net/KOQvjLE/manufactured-famine-ods#page=2)
Title: Re: Just commodities
Post by: Pandora on June 17, 2022, 12:25:10 PM
10,000 keeled-over dead cattle in Kansas from "the heat".  Uh hunh, sure, pull the other one, it has bells on.

Meanwhile, in Texas where the heat can be actually deadly, cattle doing just fine.
Title: Re: Just commodities
Post by: Libertas on June 19, 2022, 09:22:54 AM
Government pays farmers to destroy crops...   ::thinking::

Scams for plandemic funds...   ::thinking::

Government-driven shortages & inflation...   ::thinking::

Government destroying reliable domestic energy...   ::thinking::

Government-driven lockdowns, increased mental & physical illness...   ::thinking::

Amerikan KGB-driven false flag shootings...   ::thinking::

People bullied by government into getting gene-altering jabs for a flu they helped release by companies granted immunity of liability dropping dead in droves...   ::thinking::

Government-driven cultural Marxism destroying lives, families, businesses and society...   ::thinking::

Oh yeah...nobody is trying to cull us...this is all normal, sustainable and survivable...

/

Title: Re: Just commodities
Post by: Libertas on June 22, 2022, 09:37:29 AM
I wonder if the same 11% hardcore imbecilic Americans will buy the Russia Blame Game when they are starving?

https://theconservativetreehouse.com/blog/2022/06/21/white-house-begins-engineering-narrative-that-pending-biden-policy-u-s-food-shortages-are-fault-of-vladimir-putin/

(https://memegenerator.net/img/instances/400x/72297500/its-always-russia-russia-russia.jpg)

(https://i.imgflip.com/3hkfv7.jpg)

(https://media.gab.com/cdn-cgi/image/width=868.0000066757202,quality=100,fit=scale-down/system/media_attachments/files/109/412/150/original/e47e3aaa54ee0dd0.jpeg)

(https://media.townhall.com/Townhall/Car/b/payn_c19107520220616120100.jpg)
H/T-CTH
Title: Re: Just commodities
Post by: Libertas on June 23, 2022, 09:27:36 AM
Just wait for the POLA, rail, air logistical nightmare and raging inflation really hit come August/September...with the added joy of all the other economic misery...and the looming collapse of global food production...

 ::speechless::   ::outrage::
Title: Re: Just commodities
Post by: Libertas on June 23, 2022, 01:13:06 PM
https://www.zerohedge.com/commodities/us-oil-and-gas-exports-are-fueling-higher-domestic-prices (https://www.zerohedge.com/commodities/us-oil-and-gas-exports-are-fueling-higher-domestic-prices)

(https://c.tenor.com/gGX5Nps933sAAAAM/reaction-captain-obvious.gif)
Title: Re: Just commodities
Post by: Libertas on June 27, 2022, 09:41:51 AM
https://slaynews.com/news/large-chicken-processing-plant-shuts-down-suddenly-soaring-costs-food-shortages/

I'm sure all is fine...

/
Title: Re: Just commodities
Post by: Libertas on July 06, 2022, 09:04:59 AM
Farmer rebellion in Netherlands getting into statist-overreach mode...

They got cops trying to infiltrate protesting farmers...and now...

https://www.thegatewaypundit.com/2022/07/dutch-police-open-fire-16-year-old-farm-boy-mass-protests-shut-globalist-reset-plans/ (https://www.thegatewaypundit.com/2022/07/dutch-police-open-fire-16-year-old-farm-boy-mass-protests-shut-globalist-reset-plans/)

...shooting at kids not enough...let's roll in the para-military goons...

https://twitter.com/patricksavalle/status/1543546067035242498 (https://twitter.com/patricksavalle/status/1543546067035242498)

...fishermen joining in protest...

https://twitter.com/i/status/1543959770998181888 (https://twitter.com/i/status/1543959770998181888)

...and I have to say, throwing sh*t back at political thugs...

https://twitter.com/i/status/1542000820778340352 (https://twitter.com/i/status/1542000820778340352)

...awesome, would be truly spectacular if direct contact is achieved!

Meanwhile, closer to home, the fight against the demonic globalist cabal has a target of interest to lean on...

https://www.thegatewaypundit.com/2022/07/arrest-made-1000-hog-death-wave-rocks-small-iowa-county/ (https://www.thegatewaypundit.com/2022/07/arrest-made-1000-hog-death-wave-rocks-small-iowa-county/)

...cannot tell me this malfeasance was unintentional!!!

And if it is not direct assault on food production and processing...the logistical nightmare just got an added boost courtesy of Californicated Marxists and their hatred of non-union owner-operators (who do not fill their extortion racket coffers) is adding to the problem the VaxNazis started...

https://noqreport.com/2022/07/05/truckpocalypse-begins-in-california-this-week-as-70000-truckers-forced-off-the-roads-due-to-democrat-idiocracy/ (https://noqreport.com/2022/07/05/truckpocalypse-begins-in-california-this-week-as-70000-truckers-forced-off-the-roads-due-to-democrat-idiocracy/)

There is a war being waged, by local cabalists in league with the global conspiracy of elites...the war is being waged against us!

So few paying attention though...

I guess for too many it takes getting to too late...

 ::outrage::
Title: Re: Just commodities
Post by: Libertas on July 06, 2022, 11:12:36 AM
https://www.zerohedge.com/geopolitical/china-slams-us-technological-terrorism-chipmaking-gear-curbs-expand (https://www.zerohedge.com/geopolitical/china-slams-us-technological-terrorism-chipmaking-gear-curbs-expand)

Technological terrorism, petro-terrorism, LNG terrorism, fiat terrorism, trade terrorism, artificial island-creating military base terrorism...regulatory terrorism...it's all equal terrorism...well, except in the violence-first/last/always Islamic terrorism...they still speshul...

 ::)
Title: Re: Just commodities
Post by: patentlymn on July 06, 2022, 01:41:22 PM
https://www.zerohedge.com/geopolitical/china-slams-us-technological-terrorism-chipmaking-gear-curbs-expand (https://www.zerohedge.com/geopolitical/china-slams-us-technological-terrorism-chipmaking-gear-curbs-expand)

Technological terrorism, petro-terrorism, LNG terrorism, fiat terrorism, trade terrorism, artificial island-creating military base terrorism...regulatory terrorism...it's all equal terrorism...well, except in the violence-first/last/always Islamic terrorism...they still speshul...

 ::)

The US and the west should do what is best for US. IMO most sanctions are stupid and often harm the west. I approve of these. China has benefited from managed trade and protectionism. Let them suck it up.

If interested I watched this on ASML. I had no idea.

I had no idea. Only 5 companies can afford the machines or maybe the newest machines. 3 buy 80% of them.
https://youtu.be/iSVHp6CAyQ8 (https://youtu.be/iSVHp6CAyQ8)
Why The World Relies On ASML For Machines That Print Chips
Title: Re: Just commodities
Post by: Libertas on July 07, 2022, 09:02:54 AM
Yup, a year or two ago when we talked about the chip shortage...during the scamdemic lockdown...believe it was about automotive industry at the time...few are in on this game...and some of the materials are rare earth ironically that hostile nations have...South Africa, Russia, China...and without ASMLs machines might as well go back to stones and chisels...

And I agree, China much more nefarious...Russia sanctions are a major backfire and only hurting us...fracking stupid...but the illegitimate occupation government and the corrupt DeepState are all-in on destroying America...
Title: Re: Just commodities
Post by: Libertas on July 08, 2022, 12:18:45 PM
I don't want any heathen commie bastards anywhere near food production or processing either, don't give a rats ass between theirs or ours...stinking commies are stinking commies!

https://www.thegatewaypundit.com/2022/07/local-police-fbi-visit-home-top-opponent-new-china-owned-north-dakota-corn-mill-posts-paragraph-declaration-independence-social-media/ (https://www.thegatewaypundit.com/2022/07/local-police-fbi-visit-home-top-opponent-new-china-owned-north-dakota-corn-mill-posts-paragraph-declaration-independence-social-media/)

And some he/she Karen siccing the local cops and Amerikan KGB on people for posting Founding Documents whole or in part should be ashamed, hounded and forced to resign!!!

 ::outrage::
Title: Re: Just commodities
Post by: patentlymn on July 08, 2022, 01:58:27 PM
I don't want any heathen commie bastards anywhere near food production or processing either, don't give a rats ass between theirs or ours...stinking commies are stinking commies!

https://www.thegatewaypundit.com/2022/07/local-police-fbi-visit-home-top-opponent-new-china-owned-north-dakota-corn-mill-posts-paragraph-declaration-independence-social-media/ (https://www.thegatewaypundit.com/2022/07/local-police-fbi-visit-home-top-opponent-new-china-owned-north-dakota-corn-mill-posts-paragraph-declaration-independence-social-media/)

And some he/she Karen siccing the local cops and Amerikan KGB on people for posting Founding Documents whole or in part should be ashamed, hounded and forced to resign!!!

 ::outrage::

Interesting. The mill is close to an air force base.
Title: Re: Just commodities
Post by: Libertas on July 08, 2022, 03:54:30 PM
I don't want any heathen commie bastards anywhere near food production or processing either, don't give a rats ass between theirs or ours...stinking commies are stinking commies!

https://www.thegatewaypundit.com/2022/07/local-police-fbi-visit-home-top-opponent-new-china-owned-north-dakota-corn-mill-posts-paragraph-declaration-independence-social-media/ (https://www.thegatewaypundit.com/2022/07/local-police-fbi-visit-home-top-opponent-new-china-owned-north-dakota-corn-mill-posts-paragraph-declaration-independence-social-media/)

And some he/she Karen siccing the local cops and Amerikan KGB on people for posting Founding Documents whole or in part should be ashamed, hounded and forced to resign!!!

 ::outrage::

Interesting. The mill is close to an air force base.

It's just a coincidence side benefit...illegitimate occupation governmentTM approved...   ::cussing::
Title: Re: Just commodities
Post by: patentlymn on July 10, 2022, 04:16:58 PM

Most of this was predictable. They know where they get energy from, how much they use, and how much they will be harmed if they turn away Russian energy or shut down coal and nuclear plants. They could not predict some of the higher energy prices but that is why you get long term contracts.


https://voxday.net/2022/07/10/a-dire-situation/
A Dire Situation

The head of the Swiss gas industry, André Dosé, warns about the dangerous energy and electricity situation facing Europe in the aftermath of the self-destructive decision on the part of the European governments to go to war with Russia and China on the orders of the US-based neocons. Of course, if the Swiss had maintained their historical neutrality, they could simply ask the Russians for help, but instead they’re being retaught the painful lesson of a) taking sides and b) aligning with the losers.

A Dire Situation

The head of the Swiss gas industry, André Dosé, warns about the dangerous energy and electricity situation facing Europe in the aftermath of the self-destructive decision on the part of the European governments to go to war with Russia and China on the orders of the US-based neocons. Of course, if the Swiss had maintained their historical neutrality, they could simply ask the Russians for help, but instead they’re being retaught the painful lesson of a) taking sides and b) aligning with the losers.

...
Quote
Does that also apply to Switzerland?

Yes. We depend on year-round gas imports and electricity imports in winter. This crisis in Switzerland is largely self-inflicted. The Energy Strategy 2050 is built on sand. It was assumed that there was no population growth, the population reduced electricity consumption. Likewise, electromobility was not included in the scenarios when voting. It was a dream that would never have worked one way or the other. The Ukraine war is now forcing us to rethink dramatically.

What must Switzerland do now?

There is no short-term solution. The expansion of photovoltaics is all right and good – but it won’t get us through the winter. Switzerland lags behind other countries in Europe. In addition, we do not have an electricity agreement with the EU, which does not improve our situation.

The “Perfect Storm”.

Yes, unfortunately. And I don’t have the impression that people in this country are aware of how dangerous the situation is. If the population is now called upon to take a shower instead of a bath, then the scope of our problems is fundamentally misunderstood.
...
UPDATE: Today’s NZZ is discussing the possibility that Switzerland will lose 30 to 40 percent of its power this winter. It seems to me that the wisest approach to the incipient crisis would be a) declaring permanent neutrality, b) unfreezing and restoring all Russian assets, and c) sending a delegation to Moscow to apologize to the Russian people and request assistance.

COMMENTS
mscharrer @mscharrer
   5 hours ago

From the interview: They used to have 20 year contracts for gas, but those were not renewed because of the low spot price a few years ago.
Time preferences matter.


Doug from the Bronx @Bronx
   3 hours ago

In Germany: “As firewood dealers face their own nationwide rush of customers and can no longer meet the increased demand, Gerd Muller, head of the office of the Federal Firewood Association in Kamen, said that the market is now empty.”


 :shock:
Title: Re: Just commodities
Post by: Libertas on July 11, 2022, 08:48:10 AM
EuroTard Socialists - Meh, starving and freezing citizens are easily controlled citizens.

 ::bus::

https://youtu.be/d_QE0nuOkt0

Surely, an outlier...

/
Title: Re: Just commodities
Post by: patentlymn on July 11, 2022, 11:09:56 AM
EuroTard Socialists - Meh, starving and freezing citizens are easily controlled citizens.

 ::bus::

https://youtu.be/d_QE0nuOkt0

Surely, an outlier...

/
Imagine EU HQ burned like that. Hey, I can dream.
Title: Re: Just commodities
Post by: Libertas on July 12, 2022, 09:31:21 AM
What is burning right now...is PM manipulation...

https://www.zerohedge.com/commodities/paper-gold-price-manipulation-rigged-fail (https://www.zerohedge.com/commodities/paper-gold-price-manipulation-rigged-fail)

Derivatives is the voodoo that lets the elites call the shots and manage the harvesting and culling...until that is exorcised...or an external event of such magnitude overwhelms it...the sh*tshow will go on...

Boy, would the snap-back to reality be a spectacular event though!
Title: Re: Just commodities
Post by: Libertas on July 12, 2022, 12:29:25 PM
More EcoMarxist BS...

https://www.zerohedge.com/energy/another-alaskan-oil-project-could-be-shelved-over-environmental-concerns (https://www.zerohedge.com/energy/another-alaskan-oil-project-could-be-shelved-over-environmental-concerns)

...this BS has been going on for 30 years!!!

They aim to destroy America...no other agenda makes logical sense...
Title: Re: Just commodities
Post by: Libertas on July 13, 2022, 09:42:20 AM
https://youtu.be/IzzjFVF25IQ (https://youtu.be/IzzjFVF25IQ)

https://www.zerohedge.com/markets/world-braces-europes-july-22-doomsday (https://www.zerohedge.com/markets/world-braces-europes-july-22-doomsday)

https://www.zerohedge.com/geopolitical/eu-warns-waves-migration-caused-global-food-crisis (https://www.zerohedge.com/geopolitical/eu-warns-waves-migration-caused-global-food-crisis)

https://www.theepochtimes.com/sri-lankas-president-flees-to-maldives_4594301.html?utm_source=partner&utm_campaign=TheLibertyDaily (https://www.theepochtimes.com/sri-lankas-president-flees-to-maldives_4594301.html?utm_source=partner&utm_campaign=TheLibertyDaily)

Psycho's always create the insurrections that end them...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/10.01.2018_Europe_econ_tour_cartoon.png) H/T-ZH
Title: Re: Just commodities
Post by: patentlymn on July 13, 2022, 02:49:31 PM
More EcoMarxist BS...

https://www.zerohedge.com/energy/another-alaskan-oil-project-could-be-shelved-over-environmental-concerns (https://www.zerohedge.com/energy/another-alaskan-oil-project-could-be-shelved-over-environmental-concerns)

...this BS has been going on for 30 years!!!

They aim to destroy America...no other agenda makes logical sense...

Last year, however, an Alaska District Court judge vacated the BLM's approval of Conoco's project on the grounds that the BLM had overlooked the greenhouse gas emission footprint of foreign oil consumption in its environmental review of the project.
Title: Re: Just commodities
Post by: patentlymn on July 13, 2022, 02:52:29 PM

Gloomy and strange predictions from Dreizin. Massive supply chain disruptions.

https://rumble.com/v1bzo0j-2022-07-12-grab-bag-censorship-oil-euro-terrorism-karma-investments.html
2022-07-12 - Grab Bag: Censorship, Oil, Euro, TERRORISM, Karma, "Investments"
Title: Re: Just commodities
Post by: Libertas on July 14, 2022, 08:46:33 AM
Yeah, that foreign oil consumption BS...effing sovereignty-surrendering POS judge!   ::asskicking::

And supply chain issues just beginning...got high inventories of some things...which when drawn down will time nicely with no replenishment because everybody laid off/not shipping...food hasn't hit in earnest yet...which will bring a new kind of inflationary Hell...

There is enough economic turmoil, political angst and impending warfare afoot that to say a perfect storm of SHTF is impossible is now a totally ridiculous position...
Title: Re: Just commodities
Post by: Libertas on July 14, 2022, 09:39:51 AM
Seeing one of their own lit up for straying from the path to insanity is merely a transitory bit of karma...

https://www.breitbart.com/clips/2022/07/13/summers-biden-can-allow-for-more-gas-pumping-oil-drilling/ (https://www.breitbart.com/clips/2022/07/13/summers-biden-can-allow-for-more-gas-pumping-oil-drilling/)

One cannot threaten their Satanic policies.

But everybody should!
Title: Re: Just commodities
Post by: patentlymn on July 14, 2022, 12:47:45 PM

Gloomy and strange predictions from Dreizin. Massive supply chain disruptions.

https://rumble.com/v1bzo0j-2022-07-12-grab-bag-censorship-oil-euro-terrorism-karma-investments.html
2022-07-12 - Grab Bag: Censorship, Oil, Euro, TERRORISM, Karma, "Investments"

Dreizin has a good recent record in predictions. He said he invested/bet in a highly leveraged way in fertilizer producers and made $250K.  He stopped talking about Ukraine because he said the Ukr war was effectively over.

I respect the Duran and they respect Jacob Dreizin. He predicted a year of famine in 2022 back in Nov 2021 and updated Dec 2021. Why? Green energy policies, less nat gas for fertilizers. Sanctions on Belarus. etc. Who to blame? Now May 2022 we will blame Putin of course.


https://thedreizinreport.com/2021/11/16/the-famine-year-approaches/
 The Famine Year Approaches

Published by dreizinreport on November 16, 2021
Title: Re: Just commodities
Post by: Libertas on July 15, 2022, 01:15:47 PM
Damned Putin!

/

https://www.zerohedge.com/markets/americas-freight-railroads-are-incredibly-chaotic-right-now (https://www.zerohedge.com/markets/americas-freight-railroads-are-incredibly-chaotic-right-now)

I'm sure everything will work out fine...

/
Title: Re: Just commodities
Post by: ToddF on July 15, 2022, 02:16:35 PM
Buttplug will get right on that after erasing racism from America's roads.

 ::unknowncomic::
Title: Re: Just commodities
Post by: Libertas on July 15, 2022, 03:06:38 PM
Buttplug will get right on that after erasing racism from America's roads.

 ::unknowncomic::

Plows and graders being deployed on all those BLMer's and BLM groupies blocking traffic?
Title: Re: Just commodities
Post by: patentlymn on July 16, 2022, 01:49:11 PM
News report: Germany is running out of firewood.
Putin the prophet? I linked to Putin part.

Back when Putin addressed a bunch of Germans.
He said Germany did not like nuclear.
He said Germany doesn't want gas.
How are you going to heat your home, firewoods?
[the audience broke in laughter]
Then he said they have to go to Siberia if they want firewoods.
[even more laughter]



https://youtu.be/PqERi_7uFPc?t=102
 
 Putin the Prophet? Germany To Resort To WOOD This Winter - Inside Russia Report
29,292 views  Jul 16, 2022  Germans could switch to wood this winter to heat their homes as Russia…
iEarlGrey
73.7K subscribers
Title: Re: Just commodities
Post by: paulh on July 16, 2022, 01:54:02 PM
Been heating with wood for over 30 years ::thumbsup::
Title: Re: Just commodities
Post by: Libertas on July 18, 2022, 10:23:24 AM
Wood, it's the future!  (Because your masters will have luxuries, not you!)

"The peasants are revolting!"

"You know it, they stink on ice"

 ::hysterical::

Meanwhile, in other statist planned schemes to injure and enslave...

https://noqreport.com/2022/07/18/food-lines-get-depressingly-long-in-the-u-s-again-as-crops-fail-all-over-the-globe/

...the depression has yet to begin in earnest...and the planned destruction of America by traitorous Americans and foreign criminals continues...

https://uncanceled.news/two-us-ports-are-devastating-the-global-supply-chain-is-it-incompetence-or-done-by-design/

https://slaynews.com/news/four-us-natural-gas-facilities-destroyed-two-weeks/

...all by design.



Title: Re: Just commodities
Post by: patentlymn on July 18, 2022, 01:04:26 PM
Wood, it's the future!  (Because your masters will have luxuries, not you!)

"The peasants are revolting!"

"You know it, they stink on ice"

 ::hysterical::

 ...
https://uncanceled.news/two-us-ports-are-devastating-the-global-supply-chain-is-it-incompetence-or-done-by-design/

...

History of the World, part 1 quote appreciated.

From the link above.
Quote
Each has 189 member countries, and in order to join the IMF, they must first join the World Bank Group. With a stated mission to “reduce poverty and increase shared prosperity,” World Bank Group works in tandem with IMF, which “serves to stabilize the international monetary system and acts as a monitor of the world’s currencies.”15

However, while the front of these institutions appears to be investments in social infrastructure — schools, health systems, drinking water, sanitation and environmental protection — at the foundation is a move for ultimate control. According to economist and geopolitical analyst Peter Koenig, who worked with the World Bank for more than 30 years:16

    “Not only are they regularly lending huge sums of money to horror regimes around the world, but they blackmail poor nations into accepting draconian conditions imposed by the west. In other words, the WB and the IMF are guilty of the most atrocious human rights abuses.”

World Bank and IMF offered debt relief in the form of grants or low interest loans to countries collapsing economically during the COVID-19 pandemic, but there were strings attached.

Koenig noted, “You must follow the rules laid out by WHO, you must follow the rules on testing on vaccination, mandatary vaccination — if you conform to these and other country-specific rules, like letting western corporations tap your natural resources — you may receive, WB [World Bank] and IMF assistance.”17

I read that leaders chasing SGE scores are partly to blame for the coming famine in Sri Lanka and Ghana. The IMF/whoever also required 'green' policies.
BTW China held 10% of the current Sri Lankan debt.
Title: Re: Just commodities
Post by: paulh on July 18, 2022, 01:17:28 PM
Pat, can you explain to me why I should give a fook about this? PLEASE explain it to me because you are obsessed with this
Title: Re: Just commodities
Post by: patentlymn on July 18, 2022, 02:01:12 PM
Pat, can you explain to me why I should give a fook about this? PLEASE explain it to me because you are obsessed with this

I read about the current crisis in Sri Lanka and one in Ghana. People will likely starve. So I looked into why.
Some MSM blame the "China debt trap." I looked into that. Propaganda like most. I would not put anything past the Chinese but this is not true for Sri Lanka. I recall there was some previous port they foreclosed on or took over some long term lease.

The MSM will not blame IMF, WB, or green policies.


I spent very little time on Sri Lanka or IMF or world bank. I recall that IMF and WB operate in tandem to strip countries of wealth and screw the populace.  Leaders chasing SGE scores and IMF and WB forcing green policies is another big reason for the coming disaster. I get obsessed with other issues but not this one.
Title: Re: Just commodities
Post by: paulh on July 18, 2022, 02:06:38 PM
I've mentioned this to you before, you need a good woman  ::thumbsup::
Title: Re: Just commodities
Post by: patentlymn on July 18, 2022, 03:17:36 PM
I've mentioned this to you before, you need a good woman  ::thumbsup::

Sad but true.

I HAVE long been very interested in "alternative" energy sources.
Decades ago I noted that some people think electricity comes from a wall socket, gasoline comes from a gas station, and food comes the grocery store.

Now I watch in disbelief as leaders sign on to a green or anti Russian suicide pact for their citizens.
I am watching lemmings run over the cliff.
EU leaders are going to watch their citizens freeze in the dark to harm Putin.
We all know about Biden and Dems destroying US energy.
Title: Re: Just commodities
Post by: Libertas on July 19, 2022, 08:14:48 AM
I've mentioned this to you before, you need a good woman  ::thumbsup::

 ;D

Or, "good-ish"... 

Don't limit yourself too much.
Title: Re: Just commodities
Post by: Libertas on July 19, 2022, 08:31:56 AM
I've mentioned this to you before, you need a good woman  ::thumbsup::

Sad but true.

I HAVE long been very interested in "alternative" energy sources.
Decades ago I noted that some people think electricity comes from a wall socket, gasoline comes from a gas station, and food comes the grocery store.

Now I watch in disbelief as leaders sign on to a green or anti Russian suicide pact for their citizens.
I am watching lemmings run over the cliff.
EU leaders are going to watch their citizens freeze in the dark to harm Putin.
We all know about Biden and Dems destroying US energy.

I think the time is well past we demonize their alternative BS (caveat-I am not opposed to private citizens from employing any of it, I speak from a national policy perspective) and I've tried to do my part wherever and whenever possible.

This is timely to the topic - https://www.zerohedge.com/geopolitical/climate-change-dictates-are-self-destructive-also-part-bigger-agenda (https://www.zerohedge.com/geopolitical/climate-change-dictates-are-self-destructive-also-part-bigger-agenda) -

Their Agenda 21 crap boils down to this self-admission by these inhuman despots - "The real enemy then is humanity itself".  NONE of their doomsday predictions since going down this psychotic path has ever nor shall ever become true...we on the other hand have mountains of evidence of their lies, bogus sun-denying pseudo-science and visible tangible destruction of industries, livelihoods and lives before us all across the globe.  They see cold, immobile staving and dying people as a necessary element...do you?

That there are not hundreds of Sri Lanka's occurring now is an indictment of how dull human minds have become...people used to have a voice in what their leaders do, now these dumb animals just believe in lies and do what they are told...

That always ends in genocide...

PS - Interestingly, some Sol embracers are looking to replicate that marvel...

https://www.zerohedge.com/energy/investment-nuclear-fusion-exploding (https://www.zerohedge.com/energy/investment-nuclear-fusion-exploding)

...perhaps survivors will have a new clean energy source after all this bloody madness passes?

***ETA - Looks like maybe Panama is close to popping...

https://twitter.com/KatieDaviscourt/status/1548534377126146050 (https://twitter.com/KatieDaviscourt/status/1548534377126146050)
Title: Re: Just commodities
Post by: patentlymn on July 19, 2022, 12:34:17 PM
Interesting chart of total gas flows to Europe from Russia.
I am guessing the decrease in Ukraine transit gas is where Kiev shut off the northern pipeline to spite Donbass.

https://t.me/ZradaXXII/7162
??The record of deliveries of gas exports from Russia to China coincides in time with the minimum of fuel exports to Europe.
(https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ik9wJxpStavc/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/1003x-1.png)
Title: Re: Just commodities
Post by: Libertas on July 20, 2022, 08:05:48 AM
Euro's had plenty of warning...Trump, us...

Eff 'em.

6. Can Russian gas be diverted elsewhere, if it doesn’t flow to Europe?

Not really. The lack of pipeline connectivity between that particular producing region and alternative buyers has resulted in Russian gas export curtailments being split between domestic storage injections and production shut-ins.
https://www.zerohedge.com/markets/putin-says-russia-will-honor-gas-commitment-flows-will-drop-much-20-capacity (https://www.zerohedge.com/markets/putin-says-russia-will-honor-gas-commitment-flows-will-drop-much-20-capacity)

They deserve each other.

https://youtu.be/QFRczUhjhU4 (https://youtu.be/QFRczUhjhU4)

I'd like to see a "deal, deal"...America pulls out of Europe and NATO...in return for a sh*tload of shiny from Russia...

Talk about the longest odds of all time... (sigh)
Title: Re: Just commodities
Post by: Libertas on July 21, 2022, 08:26:12 AM
DemoCommie energy policy - willingly become China's bitch:

https://www.redvoicemedia.com/video/2022/07/tucker-were-handing-power-over-our-energy-grid-to-china/ (https://www.redvoicemedia.com/video/2022/07/tucker-were-handing-power-over-our-energy-grid-to-china/)

And that Amos clown...dares to claim surrendering American energy to China makes us competitive with China?  This is double-plus clown-world BS!  Only the dumbest animal on the planet nods their head at this crap!!!
Title: Re: Just commodities
Post by: Libertas on July 22, 2022, 10:36:03 AM
I like to call this "just one of the forced steps on the death march of freedom on the road to Soylent Green"...

(https://media.patriots.win/post/0XUVPLMWsyxZ.jpeg)
H/T-WZ

Title: Re: Just commodities
Post by: patentlymn on July 23, 2022, 06:46:18 PM

Found this in my email. I do not understand this international finance stuff by maybe people like Libertas do.
From Jacob Dreizin. Gloom and doom. In fall of 2021 he predicted massive fertilizer shortage. He says he invested in highly leveraged instruments and made $250K. So maybe he knows something.

https://thedreizinreport.com/2022/07/23/the-discontinuity/
Published by dreizinreport on July 23, 2022
This post is NOT about the ruble, it is about the old “rules” falling apart, which will affect YOU.

The headline picture shows how the ruble did yesterday, Friday, July 22nd. It dropped a bit against the dollar, but not much. A few percent move in a day is not consequential for a “developing country” currency. In principle, it should have dropped as much as 15 percent. Why?

Early (local time) on Friday, Russia’s central bank cut its main rate by 1.5 percent to 8 percent. This is down from 12 percent before “the invasion.” The governing board of Russia’s central bank is trying to weaken the ruble; so far, they have been unsuccessful. They need it at around 70 to the dollar.

This is a discontinuity—The ruble should fall, but doesn’t. Uncle Sam doesn’t know what to do. All the old expectations about sanctioning a country, didn’t pan out.
....
[much more at link]

He is sometimes on Rumble. He ditched youtube.
He misspells thing like vaccine and covid to avoid some google problems or something.
Maybe adword problems.

https://rumble.com/c/c-1658445
https://rumble.com/v1clo1d-corona-censors-reawaken-microchips-ukraine-rocket-war-and-escalation.html
also
https://thedreizinreport.com/2021/11/16/the-famine-year-approaches/
 The Famine Year Approaches
Published by dreizinreport on November 16, 2021


Title: Re: Just commodities
Post by: Libertas on July 27, 2022, 09:30:19 AM
It's a bit of a choppy read, hurts a bit to read that stuff...but I think what it shows is that since the West cut off transactions with Russia they basically isolated them and Russia did the expected - officially declare the acts stupid and counter-productive and quietly embraced the isolation by priming internally...and then visibly tighten ties with the rest of the (mostly legit) pariahs...

In short, when you cut someone off, it's practically impossible to affect their currency directly...

You are forced to nibble at their revenue stream...and that limits your effectiveness.  Now, even an idiot can see the wisdom of doing nothing while your enemy slits its own throat...

Posted to the moon and back on the destructive actions taken, especially by this illegitimate Obama-hand-up-Biden's-butt government...

We said this reckless spending on BS and boomerang sanctions would kick our ass and drive inflation...it has and continues to do so.  We said this malicious hostility to our energy indpendence would make us weaker and more hostage to unfriendly foreign suppliers and keep costs high...it has and continues to do so.  In fact, selling SPR is bad enough...but selling to Communist China is a not too subtle FU to sensible citizens.  The damage done to lives, livelihoods and industries and production and distribution is being amplified by the civil war being raged upon citizens by this illegitimate government in the blasphemous names of ecology, transition and reset.  Food production and distribution is being systematically destroyed...farmers not bribed into destroying crops and livestock are resorting to old ways like using manure to fertilize fields and pasture to feed animals vs buying expensive feed.

The mean to break and enslave us.  Russia, ESG & political enemies are the means to their dark end...

Resist.  Resist it all.

ETA - See this?

(https://westernrifleshooters.us/wp-content/uploads/2022/07/Screen-Shot-2022-07-26-at-6.16.31-PM.png)

https://westernrifleshooters.us/2022/07/26/9-11-franchise-reboot-betcherass-the-usg-is-going-to-nuke-nyc/

Sounds like inside info certain an attack is immanent, eh?

Heck,  The Old Gray Hag is prepping people for the food of the Democommie future - people!

(https://theconservativetreehouse.com/wp-content/uploads/2022/07/New-York-Times-Cannibalism.jpg)

Yeah...these psychos are totally filled with demonic evil!  If one cannot understand why this trash needs to be fought...they are hopeless...and only a help to the wicked.
Title: Re: Just commodities
Post by: Libertas on July 27, 2022, 09:59:27 AM
More bad news on the fertilizer front...

https://www.zerohedge.com/commodities/basf-prepares-slash-ammonia-production-germany-amid-worsening-natgas-crunch (https://www.zerohedge.com/commodities/basf-prepares-slash-ammonia-production-germany-amid-worsening-natgas-crunch)

...courtesy of the intentional war on energy.

And...something to keep in mind when the shat hits the fan -

"The last thing I'm going to do is take a free tri-tip sandwich from a right-wing extremist group," (https://www.zerohedge.com/political/were-very-angry-fire-stricken-liberals-freak-after-ca-militia-group-provides-disaster-aid)

Respect their hatred, accept their terms...

Meanwhile...the crazy spread continues...Ag is a good buy if you can get it...

https://www.zerohedge.com/commodities/goldsilver-ratio-highest-1990s-recession (https://www.zerohedge.com/commodities/goldsilver-ratio-highest-1990s-recession)

...a snap-back in the ratio could happen, given the other craziness being perpetrated...
Title: Re: Just commodities
Post by: Libertas on August 01, 2022, 09:27:51 AM
The Ag:Au ratio is bullcrap and going to snap...brother & sister bought more Ag, good move.
Title: Re: Just commodities
Post by: Libertas on August 11, 2022, 12:13:15 PM
Another for the list...

A fire completely destroyed a building at Pendleton Flour Mills in Eastern Oregon on Wednesday.

Officials said that a small fire that started on Tuesday afternoon and reignited early Wednesday morning caused the Pendleton Flour Mills to go up in flames.
https://www.thegatewaypundit.com/2022/08/devastating-fire-completely-destroyed-pendleton-flour-mills-oregon/ (https://www.thegatewaypundit.com/2022/08/devastating-fire-completely-destroyed-pendleton-flour-mills-oregon/)

So, they knew about the first...great "fire watch" guys...

 ::)
Title: Re: Just commodities
Post by: Pandora on August 11, 2022, 02:34:24 PM
Another for the list...

A fire completely destroyed a building at Pendleton Flour Mills in Eastern Oregon on Wednesday.

Officials said that a small fire that started on Tuesday afternoon and reignited early Wednesday morning caused the Pendleton Flour Mills to go up in flames.
https://www.thegatewaypundit.com/2022/08/devastating-fire-completely-destroyed-pendleton-flour-mills-oregon/ (https://www.thegatewaypundit.com/2022/08/devastating-fire-completely-destroyed-pendleton-flour-mills-oregon/)

So, they knew about the first...great "fire watch" guys...

 ::)

Yeah, idiots.  Flour is highly flammable!
Title: Re: Just commodities
Post by: patentlymn on August 17, 2022, 09:08:46 PM


I do not understand a word of this but remember something about a rigged gold market.
I heard that the fed screamed bloody murder about disconnecting Russia from SWIFT and seizing their sovereign wealth in the US because it would harm the US. Now this.

https://www.zerohedge.com/news/2022-08-15/russia-proposes-new-standard-compete-rigged-london-bullion-market-association-lbma (https://www.zerohedge.com/news/2022-08-15/russia-proposes-new-standard-compete-rigged-london-bullion-market-association-lbma)
Russia Proposes New Standard To Compete With RIGGED London Bullion Market Association (LBMA)
Title: Re: Just commodities
Post by: Libertas on August 18, 2022, 08:13:32 AM


I do not understand a word of this but remember something about a rigged gold market.
I heard that the fed screamed bloody murder about disconnecting Russia from SWIFT and seizing their sovereign wealth in the US because it would harm the US. Now this.

https://www.zerohedge.com/news/2022-08-15/russia-proposes-new-standard-compete-rigged-london-bullion-market-association-lbma (https://www.zerohedge.com/news/2022-08-15/russia-proposes-new-standard-compete-rigged-london-bullion-market-association-lbma)
Russia Proposes New Standard To Compete With RIGGED London Bullion Market Association (LBMA)

This is nothing particularly new, just more relevant given the fracturing of the entire globe...

All you need to know is this - "It aims to swiftly destroy the monopoly of LBMA" and it's related two-fer benefit of excluding "the dollar, the euro and the pound from the system of international settlements, starting with precious metals but not necessarily stopping there."

We'll see how well they do in their new club....even if they resist non-physical trading (paper) it does not mean they are immune from gaming their game.  Fixing PM values to commodities and any currency or basket of currencies is why.  ALL nation's central banks play games with their fiat...ALL, it can and never will be completely devoid of machinations...commodities are nominally subject to supply and demand pressures, but as we all know those can be manipulated easily as well...and since the club members producing PM's are going to be the governing board, well...do I even have to say it?

For example, say you are on a sleepy little river border town...things are as they've always been...then, the folks on the other side of the river decided to consolidate their shops and stores into a cost sharing and price sharing cooperative...their prices for basic goods (food, clothes, gas) will slightly undercut their neighbors on the other side of the river...while their returns on investments (bank interest, PM values etc) will be a premium over their counterparts...while the folks on the old side of the river are prevented from crossing the bridge...and conversely any goods or services once provided to them are no longer coming.  The practical effect of the price/value side is null by itself, the isolationism by their cross river rivals though may impact prices and values on their side...and the cooperative town will be hoping envy and jealousy reform old towns leadership.  But history seldom breaks that way...people don't like ceding power...and people always find stealing easier than hard work...old town and coop city will be engaged in war.

So it all is just another mile marker on the road war?  Yup.

Move along, not much else to see here...

Title: Re: Just commodities
Post by: patentlymn on August 18, 2022, 09:12:36 AM

I never understood finance the way you are able to. It is too circular for me perhaps.
I understand physical reality and observe that free trade is destructive just by observing China and the US.
Sanctions served as protective tariffs and capital controls for Russia which helped Russia so far.
Title: Re: Just commodities
Post by: Libertas on August 18, 2022, 12:04:22 PM

I never understood finance the way you are able to. It is too circular for me perhaps.
I understand physical reality and observe that free trade is destructive just by observing China and the US.
Sanctions served as protective tariffs and capital controls for Russia which helped Russia so far.

That's not free trade, that's tilted trade that crony capitalists back here glommed onto as a means to enhance profits...and sacrificing American manufacturing and natural resources to foreign interests and rewarding get-along consumers with cheap products...

The Trump policies were leveling that...

Now, all is turned back to sh!t...

As for sanctions...they've always been for show, and used to be all bark no bite...now the waters are so poisoned by everybody's selfishness it doesn't really matter who does what now...gravity and mass are in control now...
Title: Re: Just commodities
Post by: Libertas on September 09, 2022, 08:56:28 AM
The elites plan for feeding the peasants that refuse to die off...

(https://media.gab.com/system/media_attachments/files/115/426/638/original/f60513e55ad64151.jpeg)H/T-WRSA@GAB

Umm, no. 

 ::doublebird::
Title: Re: Just commodities
Post by: Pandora on September 09, 2022, 09:40:48 AM
"Bugs can't make us sick like meat can"??!!!   ::rockets::
Title: Re: Just commodities
Post by: Libertas on September 09, 2022, 12:18:08 PM
"Bugs can't make us sick like meat can"??!!!   ::rockets::

Those morons will adore cockroaches and fleas!
Title: Re: Just commodities
Post by: Pandora on September 09, 2022, 11:39:42 PM
https://valiantnews.com/2022/09/turns-out-the-bugs-scientists-urge-you-to-eat-might-be-loaded-with-parasites/
Title: Re: Just commodities
Post by: Pablo de Fleurs on September 11, 2022, 12:52:20 AM
https://valiantnews.com/2022/09/turns-out-the-bugs-scientists-urge-you-to-eat-might-be-loaded-with-parasites/

I propose a trade: for every bug I eat, I get to bullet the brain of an "elite" or a democrat/rino politician.

If it's a "deal", I may eat bugs for a month straight!
Title: Re: Just commodities
Post by: Libertas on September 12, 2022, 08:49:58 AM
https://valiantnews.com/2022/09/turns-out-the-bugs-scientists-urge-you-to-eat-might-be-loaded-with-parasites/

I propose a trade: for every bug I eat, I get to bullet the brain of an "elite" or a democrat/rino politician.

If it's a "deal", I may eat bugs for a month straight!

Hmmm, skip the bugs...
Title: Re: Just commodities
Post by: Libertas on September 12, 2022, 10:06:54 AM
"We will begin to take steps to manage and secure the shipments of hazardous and security-sensitive materials as early as Monday."
https://www.zerohedge.com/political/us-railroads-enact-contingency-plans-preparing-labor-strike-union-talks-fail (https://www.zerohedge.com/political/us-railroads-enact-contingency-plans-preparing-labor-strike-union-talks-fail)

It means all the stuff regular folks depend on is going to be held up...
Title: Re: Just commodities
Post by: Libertas on September 13, 2022, 09:04:59 AM
(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2022-09-12_10-04-25.png)

https://www.zerohedge.com/weather/typhoon-barrels-towards-asias-largest-container-port (https://www.zerohedge.com/weather/typhoon-barrels-towards-asias-largest-container-port)

The 10% overseas 90% internal Chinese traffic about to take a nature-induced pause...
Title: Re: Just commodities
Post by: Libertas on September 15, 2022, 09:30:25 AM
Ships cleared and everything shut down...

https://www.zerohedge.com/weather/china-issues-highest-typhoon-warning-storm-nears-worlds-top-container-ports (https://www.zerohedge.com/weather/china-issues-highest-typhoon-warning-storm-nears-worlds-top-container-ports)

...flights cancelled.  Interesting, in Monkey's last updates, several big planes skidaddled out of China yesterday carrying cargo East to America...probably the last pallets of whatever precious to be had for some weeks...but even if shipping returns...overseas destinations were still only about 10% normal...

As for domestic rail...

https://www.zerohedge.com/markets/railroads-and-unions-reach-tentative-agreement-avert-rail-strike (https://www.zerohedge.com/markets/railroads-and-unions-reach-tentative-agreement-avert-rail-strike)

...no idea how solid this "deal" may be...at best it passes more cost to the end of the line - consumers.

I bet Bernie is pissed there is no protracted strike...
Title: Re: Just commodities
Post by: Libertas on September 16, 2022, 02:44:51 PM
More Atlas Air flights (about a half a dozen so far today) loaded with _______ hauling out of China...not enough capacity like container ships, which were super historically low even before the typhoon (China first!)...likely high-priority items (likely mostly for defense contractors and BigBiz who give statist pols big contributions) that end users will see fat premiums on!  Like taxpayers!

Has all the makings of a mass looting before the asteroid hits...
Title: Re: Just commodities
Post by: patentlymn on September 18, 2022, 10:14:39 AM
More Atlas Air flights (about a half a dozen so far today) loaded with _______ hauling out of China...not enough capacity like container ships, which were super historically low even before the typhoon (China first!)...likely high-priority items (likely mostly for defense contractors and BigBiz who give statist pols big contributions) that end users will see fat premiums on!  Like taxpayers!

Has all the makings of a mass looting before the asteroid hits...

I am a little confused. What is being shipped out of China and why now in a hurry? What might happen in the near future.

Typhoon?
Title: Re: Just commodities
Post by: Libertas on September 19, 2022, 10:33:16 AM
More Atlas Air flights (about a half a dozen so far today) loaded with _______ hauling out of China...not enough capacity like container ships, which were super historically low even before the typhoon (China first!)...likely high-priority items (likely mostly for defense contractors and BigBiz who give statist pols big contributions) that end users will see fat premiums on!  Like taxpayers!

Has all the makings of a mass looting before the asteroid hits...

I am a little confused. What is being shipped out of China and why now in a hurry? What might happen in the near future.

Typhoon?

Typhoon is transitory.  The "what" is the question.  The what could happen is shipping anything to America ending and America not in a position to manufacture the whatever itself...

Oh, and you know...war...
Title: Re: Just commodities
Post by: Libertas on September 19, 2022, 10:34:10 AM
https://www.zerohedge.com/commodities/brazils-coffee-bean-supplies-hit-record-low-global-scarcity-worsens (https://www.zerohedge.com/commodities/brazils-coffee-bean-supplies-hit-record-low-global-scarcity-worsens)

Java shortages...only thing worse is maybe booze shortages...be we've ways around the latter...not so much the former...
Title: Re: Just commodities
Post by: Libertas on October 12, 2022, 09:35:01 AM
Well, took our idea to provide power to an inaccessible area...

https://www.zerohedge.com/energy/russia-building-floating-nuclear-reactor-fleet-power-remote-projects (https://www.zerohedge.com/energy/russia-building-floating-nuclear-reactor-fleet-power-remote-projects)

...only difference is we gave up our canal...doubt Russia gives up their gold mine...

Anywho...hope they got some military security in place...seems a ripe target for terrorists to try to get some material they shouldn't ever have...

The Arctic and Antarctic resource wars still just in planning stages...
Title: Re: Just commodities
Post by: patentlymn on October 12, 2022, 11:43:20 AM

https://t.me/iEarlGreyTV/3707
🇫🇷Fuel crisis in France continues

2.4 thousand French gas stations without fuel, more than 1.2 thousand gas stations will soon be forced to close.

The crisis is associated with a strike of oil refinery workers who demand a 15% increase in wages.

The authorities are threatening the strikers with force to resolve the issue.
Title: Re: Just commodities
Post by: Libertas on October 12, 2022, 12:21:26 PM

https://t.me/iEarlGreyTV/3707 (https://t.me/iEarlGreyTV/3707)
🇫🇷Fuel crisis in France continues

2.4 thousand French gas stations without fuel, more than 1.2 thousand gas stations will soon be forced to close.

The crisis is associated with a strike of oil refinery workers who demand a 15% increase in wages.

The authorities are threatening the strikers with force to resolve the issue.

La France si foutue, et l'Europe avec!  - France if f**ked, and Europe with it!

https://twitter.com/i/status/1579926832295858177 (https://twitter.com/i/status/1579926832295858177)

https://www.zerohedge.com/commodities/french-gas-rationing-begins-refinery-strikes-worsen-after-government-calls-back (https://www.zerohedge.com/commodities/french-gas-rationing-begins-refinery-strikes-worsen-after-government-calls-back)

Title: Re: Just commodities
Post by: Libertas on October 19, 2022, 09:12:12 AM
https://www.zerohedge.com/markets/pileup-lng-tankers-stranded-spain-coast (https://www.zerohedge.com/markets/pileup-lng-tankers-stranded-spain-coast)

Seems a ripe target for enemies...which one though is a coin-flip...

And, confirming what most of us ALWAYS knew to be true about these totalitarians and their schemes...

https://www.zerohedge.com/geopolitical/watch-bill-gates-says-european-energy-crisis-good (https://www.zerohedge.com/geopolitical/watch-bill-gates-says-european-energy-crisis-good)

Power and control...it is ALL they lust for...and they do not care who is harmed or killed to get it all...

 ::outrage::

Resist them all?  You better, or just drop to your knees and embrace slavery...
Title: Re: Just commodities
Post by: Libertas on October 26, 2022, 08:28:59 AM
With Xi consolidating power and having nothing but "yes-men" around him...yeah, I'd be nervous if I was a citizen...a neighbor (especially Taiwan)...even a so-called "partner"...the cost of association is about to go up...

So, shiny to bitcoin...sure, why not? 

https://www.zerohedge.com/geopolitical/wealthy-chinese-execute-fire-escape-plans-after-xi-secures-third-term (https://www.zerohedge.com/geopolitical/wealthy-chinese-execute-fire-escape-plans-after-xi-secures-third-term)

...can always convert back into shiny.

In other news...interesting data on 2021 mining -

(https://cms.zerohedge.com/s3/files/inline-images/2022-10-25_16-08-12.jpg)

(https://cms.zerohedge.com/s3/files/inline-images/2022-10-25_16-09-09.jpg)

(https://cms.zerohedge.com/s3/files/inline-images/2022-10-25_16-09-47.jpg)

(https://cms.zerohedge.com/s3/files/inline-images/2022-10-25_16-10-52.jpg)

https://www.zerohedge.com/commodities/visualizing-all-metals-we-mined-2021 (https://www.zerohedge.com/commodities/visualizing-all-metals-we-mined-2021)



Title: Re: Just commodities
Post by: Libertas on October 28, 2022, 09:48:05 AM
https://www.zerohedge.com/markets/semiconductor-shortage-just-quickly-became-inventory-glut (https://www.zerohedge.com/markets/semiconductor-shortage-just-quickly-became-inventory-glut)

Don't gluts usually result in drops in price?  Seems an opportunity for strategic interests to load up for a rainy day...cause all I see is menacing clouds on the horizon...
Title: Re: Just commodities
Post by: Libertas on October 31, 2022, 09:12:03 AM
https://www.zerohedge.com/commodities/wheat-prices-jump-after-russia-exits-grain-deal-un-races-save-agreement (https://www.zerohedge.com/commodities/wheat-prices-jump-after-russia-exits-grain-deal-un-races-save-agreement)

Yeah, it's why they left the deal...

Make food more expensive for your enemies...
Title: Re: Just commodities
Post by: Libertas on October 31, 2022, 11:27:09 AM
Oh man, the suck is about to hit...and keep hitting...

https://www.zerohedge.com/weather/us-natgas-spikes-temperatures-are-about-dive-nationwide (https://www.zerohedge.com/weather/us-natgas-spikes-temperatures-are-about-dive-nationwide)

...just don't forget to thank your DemoCommies & Cucks!!!
Title: Re: Just commodities
Post by: ToddF on October 31, 2022, 12:00:12 PM
40's isn't too below normal for here, in November.  We've had days that cold already.
Title: Re: Just commodities
Post by: Pandora on October 31, 2022, 02:48:18 PM
Same here.  Only in October, and when our heater broke.   ::pullhair::

We went Friday evening and bought some diesel -- $5 gal.
Title: Re: Just commodities
Post by: Libertas on October 31, 2022, 04:19:22 PM
Sure, nice here next few days, then to normal...and eventually normal leads to more normal...we call it winter...and thanks to LNG going to Europe to reward them for being good little New World Order bitches in the ongoing war at all costs over the backwater haven of the corrupt Western elites and corrupt Rus oligarchs...we all get to pay through the nose to survive a normal winter made more onerous BY ABNORMAL SONS OF BITCHES!!!

 ::rant::

And being in November and on that countdown to empty in-play...prices on that diesel can only go up too!

 ::outrage::
Title: Re: Just commodities
Post by: Libertas on November 01, 2022, 09:16:55 AM
Duh!  Japan has been on the wrong side of energy supply once before and it didn't end well for them...

https://www.zerohedge.com/energy/anti-russian-alliance-fractures-after-japan-decides-stay-russias-sakhalin-1-energy-project (https://www.zerohedge.com/energy/anti-russian-alliance-fractures-after-japan-decides-stay-russias-sakhalin-1-energy-project)

Meanwhile, Poles to get a US-built nuke plant...

https://www.zerohedge.com/energy/first-nuclear-power-plant-poland-be-constructed-us-company (https://www.zerohedge.com/energy/first-nuclear-power-plant-poland-be-constructed-us-company)

...how come the mad-cow-brained puppet lets Poles have a plant but not us at home?  Anybody ask that?  (crickets)
Title: Re: Just commodities
Post by: patentlymn on November 01, 2022, 03:23:03 PM
Duh!  Japan has been on the wrong side of energy supply once before and it didn't end well for them...

https://www.zerohedge.com/energy/anti-russian-alliance-fractures-after-japan-decides-stay-russias-sakhalin-1-energy-project (https://www.zerohedge.com/energy/anti-russian-alliance-fractures-after-japan-decides-stay-russias-sakhalin-1-energy-project)

Meanwhile, Poles to get a US-built nuke plant...

https://www.zerohedge.com/energy/first-nuclear-power-plant-poland-be-constructed-us-company (https://www.zerohedge.com/energy/first-nuclear-power-plant-poland-be-constructed-us-company)

...how come the mad-cow-brained puppet lets Poles have a plant but not us at home?  Anybody ask that?  (crickets)

Those Japs were supposed to fall on their sword for the US.
Title: Re: Just commodities
Post by: Libertas on November 01, 2022, 04:36:03 PM
Duh!  Japan has been on the wrong side of energy supply once before and it didn't end well for them...

https://www.zerohedge.com/energy/anti-russian-alliance-fractures-after-japan-decides-stay-russias-sakhalin-1-energy-project (https://www.zerohedge.com/energy/anti-russian-alliance-fractures-after-japan-decides-stay-russias-sakhalin-1-energy-project)

Meanwhile, Poles to get a US-built nuke plant...

https://www.zerohedge.com/energy/first-nuclear-power-plant-poland-be-constructed-us-company (https://www.zerohedge.com/energy/first-nuclear-power-plant-poland-be-constructed-us-company)

...how come the mad-cow-brained puppet lets Poles have a plant but not us at home?  Anybody ask that?  (crickets)

Those Japs were supposed to fall on their sword for the US.

MacArthur made sure they gave up such BS...   :D
Title: Re: Just commodities
Post by: Libertas on November 03, 2022, 09:03:36 AM
https://www.zerohedge.com/commodities/next-opec-cartel-could-be-battery-metals (https://www.zerohedge.com/commodities/next-opec-cartel-could-be-battery-metals)

Can totally see it...and it too will be dominated by hostile entities...

Sadly, could also be irresistible attractant for military adventurism too...

Oh well...

Title: Re: Just commodities
Post by: Libertas on November 03, 2022, 12:05:38 PM
https://www.zerohedge.com/markets/central-banks-are-quietly-buying-gold-fastest-pace-55-years (https://www.zerohedge.com/markets/central-banks-are-quietly-buying-gold-fastest-pace-55-years)

Sure, and naturally...the price per ounce has barely moved...

https://www.kitco.com/market/ (https://www.kitco.com/market/)

 ::)
Title: Re: Just commodities
Post by: patentlymn on November 04, 2022, 02:09:57 PM
New Zealand is going after their farmers next.
Someone said their president is the result of horse on beaver rape.

https://youtu.be/Jhez3is_rfs
 Something BIG is happening in New Zealand, and the WEF is winning | Redacted with Clayton Morris
Redacted
1.37M subscribers
323,058 views  Nov 3, 2022
New Zealand Prime Minister Jacinda Ardern wants to treat words as weapons and crack down on them. Which may be the reason that we haven't heard much about the farmer protests that are protesting carbon emissions targets that will destroy their business. Ardern also says that she supports a global World Health Organization with international laws. Yikes! These are all concerning proposals. We're watching New Zealand!
Title: Re: Just commodities
Post by: patentlymn on November 04, 2022, 03:59:20 PM

The G7 plus Australia just agreed to an oil price cap. This is not likely to work. The whole EU did not agree to go along.
I recall it will be implemented via banning insuring oil  tankers over a certain price.
Lloyds of London and associated lawyers in UK do most of this work now.
So the work will shift to other countries as they figure out how to do the insurance thing.

OPEC will not be happy. I recall that Qatar said they would not sell gas to the EU if they had a price cap but not sure if that was for oil or gas or both.

https://youtu.be/803LM9oF8es
 G7 oil price cap. EU lawyers, seize Russian assets. Russia, easy travel visa. Letterman in Kiev. U/2
Alex Christoforou
Quote
The Group of Seven (G7) is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
Title: Re: Just commodities
Post by: patentlymn on November 05, 2022, 09:27:12 AM
I just came across this. Michael Hudson is not name calling when he talks about imperialism. He has worked in the belly of the capitalist beast and helped implement their policies to avoid US taxes and enrich themselves.
I read maybe 3 of his books. International finance is over my head. Some here understand this stuff. Likely Libertas.

https://youtu.be/K9nbj4X556A
Michael Hudson: Why the US has a unique place in the history of imperialism?
 2,611 views  Nov 4, 2022
Prof. Hudson speaks on the nature of US financial dominance, the role of World Bank in developing countries, USA's ability to run a huge balance of payment deficit, changes in Russia after the fall of the Soviet Union, the problems of US economy with post-industrialization, and the role of neoclassical economics in all this.
He is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of Super-Imperialism: The Economic Strategy of American Empire (Editions 1968, 2003, 2021), ‘and forgive them their debts’ (2018), J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others.


His bio video is below. Fascinating life.
https://youtu.be/hH9pzzIIEj4
Michael Hudson - Life and Thought 20180507


Also, around 34 minutes he gives the history of modern Russia in the 1990s! 
He gave a talk to the Russia Duma.
Title: Re: Just commodities
Post by: Libertas on November 06, 2022, 10:53:38 AM
Well, he's right about MN & surrounding states being commie rat bastards in unions and politics...

I believe I've seen this clip before...he is more honest (than most, but not all), which is more than you can say about most people giving lectures or going on shows...

If you start with the understanding that the Deep State's roots go back to 1913 and the foundation of the federal reserve and accompanying bad ideas and the fact that anti-capitalists (true capitalism meets the needs of all parties in a transaction....people, companies, industries and governments/nations...what they created was not "capitalism" because they pick the winners - themselves!  It's why they sold out manufacturing to China...that's when the game changed from control of industry to control of wealth...give the masses cheap goods to shut them up and stay in line...as long as the elite can retain power and keep shearing the herd!) who came to dominate the Wilson government that got pumped full of steroids under FDR and aided by a world war everything that followed in the post WWII era just follows a script with some new interpretations and re-branding of the same central goals of the elites to control finances, markets and goods...and that cannot happen without controlling people, or enough people to make momentum march to your beat.

World Bank, IMF...WEF...all the same crap, all the same goals...

So-called MIC...more like Elite Political/DeepState/Propaganda Complex...

His balance of payment analysis makes sense...domestic side working almost like a legitimate authentic capitalist system should (mutual benefit, zero imbalance)...wars caused the imbalance...and the outflow of gold caused by our tie to the gold standard is what led Nixon to break that tie...ironically the right move to retain your gold reserves...but it created the mess we are in now with the Fed...monetary games and fiscal recklessness via ever-increasing deficit spending...so balance pf payment outflow continued...instead of gold those dollars (a lot of them, not all) got reinvested into our treasuries...so of course people are not going to change the 3-ring circus as long as it works...

Where Michael is not 100% accurate is pinning the outflow on military spending...the massive expansion of the welfare state under LBJ (which is why JFK was whacked, not kinetic enough on communism [ironic given the radical socialists they would become...and because JFK was too economically conservative) so if you look at the federal budget now, social programs eat up over half of the budget...

https://lh5.googleusercontent.com/Rv5UHrNsvcucvflDwwz_pqEjjHnbQeE_HoAgEM44mGOwutlLCyMopUBTlKW_j1krJ775qI5DGZLYlEB8z7I3mD5BllP27Iq4URRWPE-vV3hfqv4wYgLtmDm3D_Z_hAlEMc-s1yA

So, that is where I have an issue with Michael...he seems too fond of socialism and incorrectly equates un-capitalist capitalism as US-military-dominated capitalism when I see it more as un-capitalistic socialism that got the military to play along...

If he wanted to end this nightmare...instead of hoping Russia et all can destroy it (and us with the oppressors we both are suffering under) how about targeting the pillar of the system - socialism?

I am at a loss as to how someone so bright can miss the plainly obvious.

I can only conclude he is to wedded to socialism.
Title: Re: Just commodities
Post by: patentlymn on November 06, 2022, 06:17:34 PM

I do not understand this international finance stuff, as I have said before. You Libertas, do.
It is too circular perhaps. No beginning and no end.

IMO Michael Hudson is not wedded to any ideology. Some SCOTUS justice said "think things, not words."
I think Hudson thinks money flows or wealth flows or something. Not words. In his bio video link above he describes the money flows such that US money spent (military spent?) is repaid quickly. I do not understand.

I agree that the amount of military spending is not that much as a percentage. The problems I had in first listening to Hudson were his use of trigger words to me. Communism. Socialism. Capitalism.  Communism is associated with over a hundred million deaths. And don't tell me it has not been done right yet. Still, it is much different under Xi than the butcher Mao. He differentiates between industrial capitalism (old Germany, present China) and financial capitalism (US).

Hudson failed his first PhD orals in banking. Why? Because he worked as an economist for a commercial bank and knew exactly how they made their money. It was not the fairy tale way the professors believed. So he memorized the fairy tales and passed the next time.

Every time I listen to him I pick up something new. It is hard because I have this communism vs socialism vs capitalism vs Milton Friedman vs Ayn Rand thing in  my head.

BTW Vox Day introduced me to Michael Hudson. I read 3 of  his books.

Title: Re: Just commodities
Post by: Libertas on November 07, 2022, 08:07:08 AM
It's the 3 card Monty...you understand that you understand it is all about a paperchase and the lunatics think, lke you say "it has no end" but it does, it always does...

In the ancient world it began as conquer, expand, grow and accumulate wealth through tributes...monarchies created taxation...mobocrats made taxation worse...

All debased the coin of the realm, gold, silver...fiat...

What he is saying is that government spends, other nations cover our debt or we monetize it (run presses) and we hide the decline by running the presses and then they spend again, yadda yadda yadda...  He thinks the military gets a free pass in this when as I said and you can see that social spending is the real deficit driver...a sane nation would incentivize productivity, not dependency...  But the paper-chase could be bearing its last gasps...and yet they all think it can just keep chugging...

Till now, when backed into the corner they created and inflation rages and people suffer...the historical move is debasement and the stimulus of war, but inflation has already done that to the fiat...the big hedge/pyramid scheme (derivatives market) implodes when defaults start cascading...kinda just leaves war...

But Michael leaps from A to war...if we had a healthy economy not gamed, not forced to choose winners and losers...and incentivized productivity over dependency...Michael wouldn't have squat to talk about...

Also, I think the corner they are in means they have to do the fiat switch to government-only crypto...but first they have to outlaw private crypto, and that is going to take time...

Title: Re: Just commodities
Post by: Libertas on November 07, 2022, 08:26:49 AM
https://www.zerohedge.com/commodities/world-racing-break-chinas-rare-earth-dominance (https://www.zerohedge.com/commodities/world-racing-break-chinas-rare-earth-dominance)

The US, ha!

The DemoCommies are not allowing new oil & gas drilling...zero odds they will green-light mining operations for rare earth anything!
Title: Re: Just commodities
Post by: Libertas on November 29, 2022, 08:44:31 AM
NYISO pain comin' 'ropund the bend...

https://www.zerohedge.com/weather/nyiso-warns-new-yorkers-about-sharp-rise-winter-electricity-prices (https://www.zerohedge.com/weather/nyiso-warns-new-yorkers-about-sharp-rise-winter-electricity-prices)

Learn the proper gratitude, Yank's...

F-J-B
Title: Re: Just commodities
Post by: Libertas on November 29, 2022, 09:09:08 AM
Also, the mouthpiece of the IntelCommunity (WaPo) says "eat bugs"...

https://www.zerohedge.com/geopolitical/wapo-tells-americans-eat-bugs-they-can-no-longer-afford-traditional-seasonal-dinners (https://www.zerohedge.com/geopolitical/wapo-tells-americans-eat-bugs-they-can-no-longer-afford-traditional-seasonal-dinners)

WaPo and their masters and fellow totalitarian elite (who will not be eating bugs) can all FOAD!

https://youtu.be/TjsPpRZVrzQ (https://youtu.be/TjsPpRZVrzQ)

 ::machinegun::
Title: Re: Just commodities
Post by: Libertas on November 29, 2022, 01:08:53 PM
(https://uploads.disquscdn.com/images/b9bb5c313a0831dae0919c00fda9cdb0c7caba0eb9110512b282942a4ec7bcb2.jpg)

(https://uploads.disquscdn.com/images/8b8cf5f72dc611907356c768111c7610cbf2557da17b5bab46e3efd0a8dc756f.jpg)
H/T's-WZ
Title: Re: Just commodities
Post by: Libertas on December 01, 2022, 11:35:04 AM
Bloody Chi-Com's even get all the meteorites...

https://www.zerohedge.com/technology/alien-minerals-found-15-ton-meteorite-crashed-africa (https://www.zerohedge.com/technology/alien-minerals-found-15-ton-meteorite-crashed-africa)

 ::facepalm::
Title: Re: Just commodities
Post by: Libertas on December 02, 2022, 11:58:43 AM
https://www.zerohedge.com/commodities/dallas-fed-survey-oil-executives-suggests-biden-holding-us-back (https://www.zerohedge.com/commodities/dallas-fed-survey-oil-executives-suggests-biden-holding-us-back)

Go Galt...Ellis Wyatt style...
Title: Re: Just commodities
Post by: Libertas on December 05, 2022, 08:39:18 AM
https://www.zerohedge.com/political/he-turned-his-back-rail-workers-fume-after-biden-forces-unions-accept-deal (https://www.zerohedge.com/political/he-turned-his-back-rail-workers-fume-after-biden-forces-unions-accept-deal)

Oh, betrayal...get used to it.
Title: Re: Just commodities
Post by: Libertas on December 20, 2022, 01:00:51 PM
Yeah...I concur...more concentrated power among ESG/NetZero totalitarian Oligarchs is NOT a sane thing to sign off on...

https://www.zerohedge.com/political/state-ags-sound-alarm-about-blackrock-vanguard-buying-large-stakes-utilities (https://www.zerohedge.com/political/state-ags-sound-alarm-about-blackrock-vanguard-buying-large-stakes-utilities)

And I wouldn't be surprised if many of the same are not exploiting these seemingly un-random assaults on our food supply...

https://www.thegatewaypundit.com/2022/12/fire-breaks-saginaw-county-grain-elevator-fire-burn-another-week-latest-fire-food-processing-plant/ (https://www.thegatewaypundit.com/2022/12/fire-breaks-saginaw-county-grain-elevator-fire-burn-another-week-latest-fire-food-processing-plant/)

...after all these are many of the same folks pushing the the demonic bug-eating BS!   ::outrage::

https://youtu.be/wqeichY7ymk (https://youtu.be/wqeichY7ymk)

 ::doublebird::   ::overkill::
Title: Re: Just commodities
Post by: Pandora on December 20, 2022, 04:22:08 PM
Welp, a dozen eggs now up to almost $6.
Title: Re: Just commodities
Post by: Libertas on December 21, 2022, 10:38:11 AM
Glad my sister listened to me and got new chicks, her old brood not producing much...the new girls starting to ramp up, she's got all sorts of interesting colored eggs now...and at a good time.   ::thumbsup::
Title: Re: Just commodities
Post by: patentlymn on December 21, 2022, 01:59:22 PM
https://www.zerohedge.com/political/he-turned-his-back-rail-workers-fume-after-biden-forces-unions-accept-deal (https://www.zerohedge.com/political/he-turned-his-back-rail-workers-fume-after-biden-forces-unions-accept-deal)

Oh, betrayal...get used to it.

Did Biden forbid them to strike?
BTW the UK Labour party has nothing to do with working people now.

There is some interesting history for the RR laws. I think that in order to stop a US strike during WWI the US gov promised lots of goodies to the RR workers if they held off. There are lots of laws that only apply to RR workers. I recall those laws kinda screwed the railroads back then.
Title: Re: Just commodities
Post by: Libertas on December 22, 2022, 10:45:08 AM
https://www.zerohedge.com/political/he-turned-his-back-rail-workers-fume-after-biden-forces-unions-accept-deal (https://www.zerohedge.com/political/he-turned-his-back-rail-workers-fume-after-biden-forces-unions-accept-deal)

Oh, betrayal...get used to it.

Did Biden forbid them to strike?
BTW the UK Labour party has nothing to do with working people now.

There is some interesting history for the RR laws. I think that in order to stop a US strike during WWI the US gov promised lots of goodies to the RR workers if they held off. There are lots of laws that only apply to RR workers. I recall those laws kinda screwed the railroads back then.

Well, yeah...when Marxists in both chambers of Congress pass a bill and JoeFraud signs it the effect is removing the legal right to strike and force them back to work.  And yeah, the are one group that has special carve outs in IRS regs per long ago legislation passed...
Title: Re: Just commodities
Post by: Libertas on December 23, 2022, 11:14:37 AM
Egg update...and other edibles...

Grocery prices have continued to increase this year because of what companies have said are higher costs of labor, ingredients and logistics, helping supermarkets generate higher sales and profits. Those factors have propelled egg prices, too. As eggs get more costly, some supermarkets are selling more organic eggs that are sometimes less expensive than conventional varieties, while suppliers say consumer demand has remained steady despite higher prices. (read more)

Additionally, the overall price for a Christmas meal is much higher than it was in 2021.

(Via Fox) […] The holiday dinner grocery basket is estimated to cost an average of $60.29, according to data from Datasembly. That’s 16.4% higher than last year’s basket when comparing the same exact basket of goods. It’s also double the year-over-year increase reported last year at 8.2%, according to the retail data firm.

[…] The 13 products included stuffing mix, corn, green beans, frozen apple pie, whipped topping, butter, cranberry sauce, bone-in spiral-cut ham, egg nog, homestyle biscuits, russet potatoes, white frozen young turkey and homestyle roasted turkey gravy.

According to the data, biscuits had the highest price increase year-over-year, rising 47.7%. Butter and russet potatoes weren’t far behind with prices rising 38% and 32.6%, respectively, the data showed. (read more)

Keep in mind, this week you should be seeing competitive pricing on beef, specifically standing rib roasts.  Retailers will be competing with each other on the staple table items, and this creates an opportunity to buy and freeze beef at a lower price.
https://theconservativetreehouse.com/blog/2022/12/22/egg-prices-surge-to-record-levels-as-christmas-grocery-prices-hit-consumers/ (https://theconservativetreehouse.com/blog/2022/12/22/egg-prices-surge-to-record-levels-as-christmas-grocery-prices-hit-consumers/)

On the shiny front...this is a really good article on the East-West ebb and flood of gold - it's longish and can get technical -

Recap of the Ebb and Flood of Gold
In general, economies in the East are financially less advanced than in the West. Whilst it’s considered normal in the West to keep all of one’s wealth within the banking system, people in the East are still accustomed to keep their savings partially in physical gold. Their ancestors saved in precious metals and so have they been taught. Jewelry, ornaments, and other gold products are used as gifts at weddings and childbirths, effectively rewarding reproduction. In the East gold is synonymous with survival.

The welfare state and financialization have slowly removed gold from Western people their day-to-day lives. People don’t pay much attention to gold when they feel financially confident. Western investment funds trade gold based on models ever seeking the highest yields in the shortest possible timeframe. Simplified, when investment confidence tapers off, for example due to rising inflation expectations, gold is bought, and when trust is restored, metal is sold.

In the East they don’t mind taking the other side of this trade. Close affinity with gold as a store of value makes Easterners price sensitive and have a long time horizon regarding this asset. Gold is bought in stable markets, but especially when the price goes down. Profits are materialized when the price is high. The West thus sets the price, and the East dampens volatility. Such are the dynamics that have transpired in the gold market over the past century or so.
https://www.zerohedge.com/commodities/gold-trade-between-east-and-west-follows-90-year-old-pattern (https://www.zerohedge.com/commodities/gold-trade-between-east-and-west-follows-90-year-old-pattern)

It goes on to show recent examples involving various nations and the few exceptions to the normal ebbing...and explains why TIPS is impacted, basically by the gold inflation hedge.

Anyway, interesting read.  And IMO my own view on PM's is much more rooted in the Eastern tradition.

And, about the punitive inflation (aka Price of Marxism) tax...

https://itsaboutliberty.com/index.php/topic,7154.new.html#new (https://itsaboutliberty.com/index.php/topic,7154.new.html#new)


Title: Re: Just commodities
Post by: Pandora on December 23, 2022, 04:57:03 PM
Re:  biscuits/bread.  I've been stocking up on flour -- different types -- yeast and butter.  Among a buncha other stuff.
Title: Re: Just commodities
Post by: Libertas on December 27, 2022, 11:16:42 AM
Yup, did that a while back.   ::thumbsup::

On the PM front...Peter Schiff is ringing the bull's bell on that...and given the political fiscal and monetary insanity and hyper-drive debt loads...I agree there seems to be one heck of a reckoning coming.

Then I see stuff like this -
https://www.zerohedge.com/commodities/japan-extract-rare-earths-seabed-starting-2024 (https://www.zerohedge.com/commodities/japan-extract-rare-earths-seabed-starting-2024)

Great.  But should have been done at least 2 decades ago.  Probably too little to late.

The GloboPedo Marxists are planning their next round of scheming for 2023...

Founded by German economist Klaus Schwab, the WEF is a fanatical political organization masquerading as a neutral entity.

The organization has specific policy goals that involve centralizing power into the hands of hand-picked global elites as the only means to save the planet from an alleged “climate emergency.”

Schwab and his allies in the WEF dictate their own agenda to leaders of sovereign nations.

As Slay News has reported, Schwab openly gloats that several world leaders are in his pockets and that he has installed WEF operatives in the upper echelons of powerful government administrations.

In 2017, Schwab boasted that the WEF has “penetrate[d]” global “cabinets” and controls the leaders of several sovereign nations, including Germany, Russia, Canada, Argentina, and France.

The annual Davos conference acts as an ultra-exclusive in-person narrative and ideas exchange for this hand-picked ruling class.

Schwab openly advocates for a “green transition” through his misleadingly named “stakeholder capitalism” agenda, which amounts to technocratic tyranny.

Movements such as The Great Reset, Build Back Better, and the ESG agenda were pieced together by WEF “stakeholders” at previous Davos confabs.

The Dossier has obtained an early, partial list of both events and confirmed speakers for Davos 2023.

Among the agenda are discussions on “Tackling Harm In The Digital Era” which seeks to brainstorm ideas on how to ramp up censorship online.

The move is likely a response to Elon Musk’s efforts to wipe out censorship on Twitter.

The program for Davos 2023 includes events such as:

“Why We Need Battery Passports”
“Leading The Charge Through Earth’s New Normal” (Featuring Al Gore)
“A Living Wage For All”
“Enabling An Equitable Transition”
“Beyond The Rainbow: Advancing LGBTQ+ Rights”
“Advancing Racial and Ethnic Equity” (Moderated by CNN)
“Decarbonizing Supply Chains” (Moderated by Chinese state television)
“Finding The Right Balance For Crypto”
“Tackling Harm In The Digital Era”
Speakers for Davos 2023 include:

Tedros Adhanom, WHO Director
Laurence D. Fink, Chairman and Chief Executive Officer, BlackRock Inc.
Jens Stoltenberg, Secretary-General of NATO
Shou Zi Chew, Chief Executive Officer, TikTok
Shamina Singh, President, Mastercard Center for Inclusive Growth, Mastercard
Al Gore, Former Vice President
Hilde Schwab, WEF Chairman Klaus Schwab’s wife
Tian Wei, Host, China Global Television Network
Elena Cherney, Chief News Editor of The Wall Street Journal
Ina Fried, Chief Technology Correspondent, Axios
Brad Smith, President and Vice-Chair, Microsoft Corp.
Hadley Gamble, Anchor, CNBC
Mark Rutte, Prime Minister of the Netherlands
Stacy-Marie Ishmael, Managing Editor, Crypto, Bloomberg News
Larry Madowo, Correspondent, CNN
Jeremy Allaire, CEO of Circle
Brad Garlinghouse, CEO of Ripple
In recent months, the WEF agenda has received fierce blowback in the United States from both the civilian population and leaders of free states in America.

It is not yet clear what the American contingent at Davos will look like for the 2023 meeting.
https://slaynews.com/news/wefs-agenda-davos-2023-will-focus-push-more-censorship/ (https://slaynews.com/news/wefs-agenda-davos-2023-will-focus-push-more-censorship/)

I have to admit the prospects for peace, sanity and prosperity would be greatly enhanced if SMOD paid these despots a visit.



Title: Re: Just commodities
Post by: paulh on December 27, 2022, 12:07:12 PM
Welp, a dozen eggs now up to almost $6.
My first stop today, no eggs. They usually have 4 shelves full. Stopped at StopNShop and almost empty. My jumbo's $6.69/doz but I gotta have my eggs
Title: Re: Just commodities
Post by: Libertas on January 03, 2023, 09:27:31 AM
(https://cms.zerohedge.com/s3/files/inline-images/2023-01-01_12-51-14.jpg)H/T-ZH

If booze ever explodes like eggs...there could be BITS.
Title: Re: Just commodities
Post by: Libertas on January 05, 2023, 11:57:00 AM
https://www.zerohedge.com/commodities/colonial-pipeline-shuts-critical-conduit-supplying-fuel-northeast-after-spill (https://www.zerohedge.com/commodities/colonial-pipeline-shuts-critical-conduit-supplying-fuel-northeast-after-spill)

How is your confidence in the status quo doing?
Title: Re: Just commodities
Post by: Libertas on January 13, 2023, 08:45:09 AM
The high cost of boneheaded globalist totalitarian sh*tshows....

https://www.bloomberg.com/news/articles/2022-07-07/high-power-costs-force-us-industrials-factories-to-shut?srnd=businessweek-v2&sref=NWZFoWOL (https://www.bloomberg.com/news/articles/2022-07-07/high-power-costs-force-us-industrials-factories-to-shut?srnd=businessweek-v2&sref=NWZFoWOL)

...that will result in more pain downstream, especially for the common people.

If the rise up moment doesn't materialize soon they'll be no bodies to rise...
Title: Re: Just commodities
Post by: Libertas on January 16, 2023, 08:48:20 AM
Forces behind the terror on food...looks to be the worst case possible...

Since then, there have been about 200 food factory attacks around the world, most of them in the U.S., he explained.

Huff had another backup and analyzed the attacks. It turned out that the attacks exactly matched the most critical systems in his data set. He reported this to the Department of Homeland Security and the FBI but never received a response.

Huff knows that the FBI and the food industry have tried to investigate what he calls “terrorist attacks,” but they’re getting nowhere. He suspects that a government-funded actor or a globalist group like the World Economic Forum is behind it.
https://rairfoundation.com/whistleblower-reveals-what-is-behind-the-mass-attacks-on-us-food-facilities-video/

Death by jab, death by war, death by starvation...all the PTBs have to offer is death...

Why we putting up with this?  ::whatgives::
Title: Re: Just commodities
Post by: Pandora on January 16, 2023, 09:16:32 AM
Forces behind the terror on food...looks to be the worst case possible...

Since then, there have been about 200 food factory attacks around the world, most of them in the U.S., he explained.

Huff had another backup and analyzed the attacks. It turned out that the attacks exactly matched the most critical systems in his data set. He reported this to the Department of Homeland Security and the FBI but never received a response.

Huff knows that the FBI and the food industry have tried to investigate what he calls “terrorist attacks,” but they’re getting nowhere. He suspects that a government-funded actor or a globalist group like the World Economic Forum is behind it.
https://rairfoundation.com/whistleblower-reveals-what-is-behind-the-mass-attacks-on-us-food-facilities-video/

Death by jab, death by war, death by starvation...all the PTBs have ti offer is death...

Why we putting up with this?  ::whatgives::

I don't KNOW, and I don't like it.

What is it gonna take for people to finally stand up and say HELLNO?!
Title: Re: Just commodities
Post by: Libertas on January 16, 2023, 01:22:51 PM
Forces behind the terror on food...looks to be the worst case possible...

Since then, there have been about 200 food factory attacks around the world, most of them in the U.S., he explained.

Huff had another backup and analyzed the attacks. It turned out that the attacks exactly matched the most critical systems in his data set. He reported this to the Department of Homeland Security and the FBI but never received a response.

Huff knows that the FBI and the food industry have tried to investigate what he calls “terrorist attacks,” but they’re getting nowhere. He suspects that a government-funded actor or a globalist group like the World Economic Forum is behind it.
https://rairfoundation.com/whistleblower-reveals-what-is-behind-the-mass-attacks-on-us-food-facilities-video/

Death by jab, death by war, death by starvation...all the PTBs have to offer is death...

Why we putting up with this?  ::whatgives::

I don't KNOW, and I don't like it.

What is it gonna take for people to finally stand up and say HELLNO?!

Probably the point of "too late"...

 ::outrage::
Title: Re: Just commodities
Post by: Libertas on January 25, 2023, 12:02:45 PM
https://survivalmagazine.org/news/tractor-supply-chicken-feed-reportedly-causing-egglaying-to-stop-board-has-ties-to-wef-jeffrey-epstein/

 ::gaah::

Owner of Co with bad food shutting down hen egg production linked to Vanguard who is linked to Demonic people-hating people-murdering WEF...

 ::cussing::   ::angry::

Fired off a warning to my sister...warn your people with hens!
Title: Re: Just commodities
Post by: Libertas on January 26, 2023, 08:42:46 AM
https://www.zerohedge.com/political/crushed-bug-additive-now-included-pizza-pasta-cereals-across-eu (https://www.zerohedge.com/political/crushed-bug-additive-now-included-pizza-pasta-cereals-across-eu)

Nope!   ::doublebird::

And let me tell these totalitarian WEF SOB's and their lackey's somethin'...they try this sh*t here...not going to touch it...they try to sneak it in off-label, they are going to be sued into collapse...

Later, there could be angry people chasing bug pimps down streets...

Just sayin'...

Don't!!!
Title: Re: Just commodities
Post by: Pandora on January 26, 2023, 08:58:30 AM
Foods with too many bugs in them have been deemed by the US Ag Department as unsafe for human consumption for many years --- (they've determined limits on insect inclusions per regulations).

Now, this SH*I*t!  Now, I've got to read the ingredient labels on every single thing!

All this besides the threat of mRNA "vaccines" being injected into livestock.    ::pullhair::   ::laserkill::
Title: Re: Just commodities
Post by: Libertas on January 26, 2023, 09:24:41 AM
Yeah, and that was mostly for products like grains and maybe nuts and things, right?

Now, what they gonna tell everybody bugs are good?   ::gaah::

They're gonna incur lots of hostility they try to ram-rod this kinda crap through...

And yeah, more crap...

And don't forget about the crappy Tractor Supply layer feed!  (Just noticed I forgot to post link in that post...updating now)

PS - https://twitter.com/EndWokeness/status/1617220282963329026

 ::vafancoul::

Mess with my eggs...   ::asskicking::
Title: Re: Just commodities
Post by: Pandora on January 26, 2023, 09:50:27 AM
Yeah, and that was mostly for products like grains and maybe nuts and things, right?

Now, what they gonna tell everybody bugs are good?   ::gaah::

They're gonna incur lots of hostility they try to ram-rod this kinda crap through...

And yeah, more crap...

And don't forget about the crappy Tractor Supply layer feed!  (Just noticed I forgot to post link in that post...updating now)

PS - https://twitter.com/EndWokeness/status/1617220282963329026

 ::vafancoul::

Mess with my eggs...   ::asskicking::

Almost everything:  flour, coffee, cereal, canned vegetables, cookies, crackers -- everything packaged is regulated as to a limit for insect content.
Title: Re: Just commodities
Post by: Libertas on January 26, 2023, 12:50:37 PM
Yeah, and that was mostly for products like grains and maybe nuts and things, right?

Now, what they gonna tell everybody bugs are good?   ::gaah::

They're gonna incur lots of hostility they try to ram-rod this kinda crap through...

And yeah, more crap...

And don't forget about the crappy Tractor Supply layer feed!  (Just noticed I forgot to post link in that post...updating now)

PS - https://twitter.com/EndWokeness/status/1617220282963329026

 ::vafancoul::

Mess with my eggs...   ::asskicking::

Almost everything:  flour, coffee, cereal, canned vegetables, cookies, crackers -- everything packaged is regulated as to a limit for insect content.

Which is incidental and usually not material...it will be a huge leap to go from there to intentional in any amount.
Title: Re: Just commodities
Post by: benb61 on January 26, 2023, 01:10:11 PM
Yeah, and that was mostly for products like grains and maybe nuts and things, right?

Now, what they gonna tell everybody bugs are good?   ::gaah::

They're gonna incur lots of hostility they try to ram-rod this kinda crap through...

And yeah, more crap...

And don't forget about the crappy Tractor Supply layer feed!  (Just noticed I forgot to post link in that post...updating now)

PS - https://twitter.com/EndWokeness/status/1617220282963329026

 ::vafancoul::

Mess with my eggs...   ::asskicking::

Almost everything:  flour, coffee, cereal, canned vegetables, cookies, crackers -- everything packaged is regulated as to a limit for insect content.

Which is incidental and usually not material...it will be a huge leap to go from there to intentional in any amount.

I would not put it past the commie FDA to revise those regs without saying a word.
Title: Re: Just commodities
Post by: Libertas on January 26, 2023, 01:13:19 PM
Yeah, and that was mostly for products like grains and maybe nuts and things, right?

Now, what they gonna tell everybody bugs are good?   ::gaah::

They're gonna incur lots of hostility they try to ram-rod this kinda crap through...

And yeah, more crap...

And don't forget about the crappy Tractor Supply layer feed!  (Just noticed I forgot to post link in that post...updating now)

PS - https://twitter.com/EndWokeness/status/1617220282963329026

 ::vafancoul::

Mess with my eggs...   ::asskicking::

Almost everything:  flour, coffee, cereal, canned vegetables, cookies, crackers -- everything packaged is regulated as to a limit for insect content.

Which is incidental and usually not material...it will be a huge leap to go from there to intentional in any amount.

I would not put it past the commie FDA to revise those regs without saying a word.

 ::viking::
Title: Re: Just commodities
Post by: patentlymn on January 26, 2023, 08:20:32 PM
Yeah. I worked at a corn wet milling plant long ago. The morning grind report had all that stuff. Insect fragments, rodent hairs, rodent turds, etc.
Title: Re: Just commodities
Post by: patentlymn on January 26, 2023, 08:33:41 PM
I watch iEarlGrey on youtube. Brit expat lives in St. Petersburg with RU wife and kids. I think he moved to RU for the job then stayed for the economic opportunity.  He never could have bought a house in England. He just got his 3 month heating bill. All electric heat. $100 per month for his house.
Title: Re: Just commodities
Post by: Libertas on January 27, 2023, 08:31:00 AM
Yeah. I worked at a corn wet milling plant long ago. The morning grind report had all that stuff. Insect fragments, rodent hairs, rodent turds, etc.

Yum   ::puke::

Oh, and one more reason to loath TSC...

https://www.toddstarnes.com/video/live-show-why-is-tractor-supply-sponsoring-family-friendly-drag-show/ (https://www.toddstarnes.com/video/live-show-why-is-tractor-supply-sponsoring-family-friendly-drag-show/)
Title: Re: Just commodities
Post by: Libertas on January 27, 2023, 09:59:44 AM
Wow, is this shakeout going to be interesting...would not expect rates to come down though due to larger global economic issues...

https://www.zerohedge.com/economics/how-will-maersk-msc-split-redraw-container-shipping-landscape (https://www.zerohedge.com/economics/how-will-maersk-msc-split-redraw-container-shipping-landscape)

Also, have to see how all this Adani mess in India plays out...

https://www.zerohedge.com/markets/adani-group-stocks-crash-dragging-down-indian-markets-bill-ackman-says-hindenburgs-report (https://www.zerohedge.com/markets/adani-group-stocks-crash-dragging-down-indian-markets-bill-ackman-says-hindenburgs-report)

...since their markets can impact things East and West.

Plus pending Fed action after PCE release will have global impacts to.  Anyway, global recession is still very likely...
Title: Re: Just commodities
Post by: Libertas on January 30, 2023, 09:20:03 AM
Obviously...attacks of this scale...from the Demoscats summer-of-hate through all of the JoeFraud days...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-01-19_06-32-41_0.png)
https://www.zerohedge.com/commodities/massive-fire-destroys-commercial-egg-farm-belonging-top-us-supplier (https://www.zerohedge.com/commodities/massive-fire-destroys-commercial-egg-farm-belonging-top-us-supplier)

...cannot possibly be without Fedcoats knowing about them...

...so, they must be actively involved in promoting them or burying their cause on behalf of those perpetrating them, yes?

I expect the prices to escalate to double what they are now.  I expect the "it cannot happen in America crowd" will start bleating gibberish about now...
Title: Re: Just commodities
Post by: Pandora on January 30, 2023, 09:43:44 AM
Get you some cans of Whole Powdered Eggs.  Better than nothing, can be made scrambled and used in recipes. 
Title: Re: Just commodities
Post by: Libertas on January 30, 2023, 10:18:14 AM
I have to review supplies...cannot recall how old/useful stuff is...

Bet inventory out there is dwindling...will have to check on that...
Title: Re: Just commodities
Post by: Pandora on January 30, 2023, 11:28:39 AM
I have to review supplies...cannot recall how old/useful stuff is...

Bet inventory out there is dwindling...will have to check on that...


I would suspect so, so get on the stick and make sure to get the Whole egg stuff.  So say we all.   ;D
Title: Re: Just commodities
Post by: Libertas on February 02, 2023, 08:24:36 AM
I have to review supplies...cannot recall how old/useful stuff is...

Bet inventory out there is dwindling...will have to check on that...


I would suspect so, so get on the stick and make sure to get the Whole egg stuff.  So say we all.   ;D

If the lasts 30 days after cracking open is true...this size makes sense...but ahh...$2.64/Oz, ouch!

https://www.legacyfoodstorage.com/products/bulk-whole-egg-powder (https://www.legacyfoodstorage.com/products/bulk-whole-egg-powder)

This a little better price-wise but last a year after cracking?

https://mypatriotsupply.com/products/powdered-whole-eggs-72-servings?rfsn=4028318.935422&subid=powderedeggs (https://mypatriotsupply.com/products/powdered-whole-eggs-72-servings?rfsn=4028318.935422&subid=powderedeggs)

This perhaps is the best deal...

https://valleyfoodstorage.com/products/powdered-eggs-whole-freeze-dried?_pos=13&_sid=ce985fe7c&_ss=r&avad=184478_f2e256735&utm_campaign=Custom%20Link&utm_content=NA&utm_medium=cl&utm_source=Avantlink-Affiliate&utm_term=184478 (https://valleyfoodstorage.com/products/powdered-eggs-whole-freeze-dried?_pos=13&_sid=ce985fe7c&_ss=r&avad=184478_f2e256735&utm_campaign=Custom%20Link&utm_content=NA&utm_medium=cl&utm_source=Avantlink-Affiliate&utm_term=184478)

Title: Re: Just commodities
Post by: Libertas on February 02, 2023, 08:26:14 AM
In other news...

https://www.fox6now.com/news/conagra-brands-recall-canned-meat-poultry-products-packaging-defect (https://www.fox6now.com/news/conagra-brands-recall-canned-meat-poultry-products-packaging-defect)

I wonder how much of this is attributable to the nefarious sabotage we've seen roiling the industry?
Title: Re: Just commodities
Post by: Pandora on February 02, 2023, 08:29:50 AM
What is said on the label about freezing the remaining contents after opening?  I'm thinking of the bagging of smaller portions in FoodSaver bags and tossing in freezer if not contra-indicated.  It's not the freezing that adversely affects stuff, it's the quality after thawing.
Title: Re: Just commodities
Post by: Libertas on February 03, 2023, 09:30:55 AM
I reckon I know where a battlefront may erupt in the not too distant future...

https://www.zerohedge.com/commodities/norway-finds-rare-earth-metals-could-make-europe-less-dependent-china (https://www.zerohedge.com/commodities/norway-finds-rare-earth-metals-could-make-europe-less-dependent-china)

...it's only yours if you can keep it.

Beware of Bears...
Title: Re: Just commodities
Post by: Libertas on February 03, 2023, 12:57:19 PM
(https://uploads.disquscdn.com/images/e4ba55aae915b72293b13356ae6ff9b3312b2f586c608601f7bdb77a0eb6df32.png)H/T-WZ
Title: Re: Just commodities
Post by: Libertas on February 04, 2023, 11:20:55 AM
Another deep-state op?

https://twitter.com/rawsalerts/status/1621725968787279872

https://twitter.com/lauren_linder/status/1621732542301835264

 ::whatgives::
Title: Re: Just commodities
Post by: Libertas on February 06, 2023, 12:21:31 PM
The quest for greater market share hits the PM mining outfits...

https://www.zerohedge.com/markets/global-gold-miner-consolidation-accelerates-newmont-bids-newcrest (https://www.zerohedge.com/markets/global-gold-miner-consolidation-accelerates-newmont-bids-newcrest)
Title: Re: Just commodities
Post by: Libertas on February 23, 2023, 09:41:22 AM
https://www.zerohedge.com/technology/ransomware-attack-food-giant-dole-temporarily-shuttered-us-production (https://www.zerohedge.com/technology/ransomware-attack-food-giant-dole-temporarily-shuttered-us-production)

FBI warnings...

Uhh huh...honest people call that "insider information"...
Title: Re: Just commodities
Post by: Libertas on March 08, 2023, 10:15:04 AM
Interesting feed results...

https://www.naturalnews.com/2023-03-07-natural-news-releases-lab-results-of-tractor-supply-producers-pride-chicken-feed.html (https://www.naturalnews.com/2023-03-07-natural-news-releases-lab-results-of-tractor-supply-producers-pride-chicken-feed.html)

Makes sense to rotate your feed, and be mindful of heavy metals in organic...

And then more disturbing news of the they're-trying-to-kill-us variety...

https://wsvn.com/news/investigations/new-study-reveals-uf-scientists-found-pfas-forever-chemicals-in-toilet-paper-wastewater/ (https://wsvn.com/news/investigations/new-study-reveals-uf-scientists-found-pfas-forever-chemicals-in-toilet-paper-wastewater/)

 ::outrage::

All these  ::cussing::  eco-imbeciles need to kick the climate cult crap and wake up and smell the contamination!
Title: Re: Just commodities
Post by: Libertas on March 09, 2023, 09:21:59 AM
https://www.zerohedge.com/energy/end-oil-america-biden-may-reject-alaska-oil-project (https://www.zerohedge.com/energy/end-oil-america-biden-may-reject-alaska-oil-project)

FJB!  Eff DemoScum and eff every ESG climate cultist fool!
Title: Re: Just commodities
Post by: Libertas on March 10, 2023, 01:25:44 PM
https://www.zerohedge.com/commodities/two-former-merrill-traders-sentenced-one-year-prison-precious-metal-manipulation (https://www.zerohedge.com/commodities/two-former-merrill-traders-sentenced-one-year-prison-precious-metal-manipulation)

Yeah...throw a couple under the bus...so the rest can continue business as usual...

SSDD...

 ::outrage::
Title: Re: Just commodities
Post by: Libertas on March 13, 2023, 02:14:40 PM
(https://uploads.disquscdn.com/images/b26b2b79ab35071d9314ae79dffd1030f76db4d66131b60df76a09e53829db6e.png)
H/T-WZ

Got tyranny?  Have you tried the Founders solution?
Title: Re: Just commodities
Post by: Libertas on March 22, 2023, 09:18:23 AM
Fed-Treas going full Zimbabwe, statists ending the dollar and private crypto and aiming for CBDC while stagflation mounts (especially the inflation part with all this recent insanity)...

At some point PM's are going to really pop...

https://www.zerohedge.com/markets/schiff-investors-will-bid-gold-when-they-realize-inflation-winning (https://www.zerohedge.com/markets/schiff-investors-will-bid-gold-when-they-realize-inflation-winning)

A decade of fiat frenzy, inflation, cratering production and employment, mounting deficits and failing institutions...(not to mention uprisings, civil unrest and likely wars...)...

Yeah, buying opportunities could be disappearing any time now...

Title: Re: Just commodities
Post by: Weisshaupt on March 22, 2023, 12:25:22 PM
Oh, I expect that Comex will keep a lid on for a while more yet.. what is popping is physical gold premiums

I watch gold eagles and junk silver on Apmex.
Gold is holding at $180 premium - no matter what the price does. ( It used to be the premium would come down a bit  if price went up)
Silver is at $13 (when I bought in 2008 it was $0.13)

And vendors are starting to regularly offer prices OVER SPOT to buy -- so spot price is beginning to become meaningless.

This guy  does a more comprehensive job at watching this:
https://didthesystemcollapse.org/

Bottom line, don't watch spot. watch what it take to sell or buy an ounce ..

Also remember this isn't an "investment" - its a hedge.  I see so many peolpe thinking they are going to "get rich"
No, the dollar is going to go to zero. 
There will be some increase due to"money" value if its traded often-- but by an large an oz of gold will buy in 10 years what it buys now, cause goods and resources in a post dollar  will become more scarce  driving prices up.  Some things made locally  may be cheaper relative to gold, but most stuff involving transportation will be far more expensive.

 If you have dollar denominated debt get ready to sell bullion at the right time to pay it off.  I am hoping for a gold to dollar price of over 20K...at which point I am paying of the mortgage and the kids student debts.. The problem is if you wait too long - they are likely to simply - by fiat - convert your loans to "new dollars" - probably in CBDC
Oh you have a 300K loan in old dollars, and a salary of 100K in old dollars,  well after CBDC you have a 600k loan in CBDC , but your new job ( if you have one)   will be 50K CBDC. Have fun.
  Banks will  just sell your loan to Black rock and then they will claim they own the property and ask for rent -- and if you don't pay it, your CBDC credit score goes down. Not that it matters a lot -as most people are going to "just squat" in their own homes if they have to , and shoot at any enforcers who think they are serving eviction papers.


Title: Re: Just commodities
Post by: Libertas on March 22, 2023, 12:40:02 PM
Yah, that silver premium has been that way for years...not sure I recall how many...at least several...like back to 2020.

But I avoid Eagles beause their premiums are always higher than private bullion...i want a store of value, that base value is the gold or silver.  WTF I care if not govt mint?

Most bullion is going for a premium of about $80/oz, about 4.1%.  Get that, skip the Eagles.
Title: Re: Just commodities
Post by: Weisshaupt on March 22, 2023, 02:24:22 PM
Yah, that silver premium has been that way for years...not sure I recall how many...at least several...like back to 2020.

But I avoid Eagles beause their premiums are always higher than private bullion...i want a store of value, that base value is the gold or silver.  WTF I care if not govt mint?

Most bullion is going for a premium of about $80/oz, about 4.1%.  Get that, skip the Eagles.


In theroy the mint means you can't trust the rating more . In Argentina no one got better than 18K prices for anything - better to just own 18K chain.
I never bought an Eagle myself-- but premiums used to hang closer to $30 -- and I just started arbitrarily watching that as a measure.

Last few years junk silver has hung around $5-7  --both premiums are at near their highest since I have been watching ( 2008)  and that they are decoupling from SPOT moves is also  a omen that things are changing... and probably not for the better.
Title: Re: Just commodities
Post by: Libertas on March 22, 2023, 04:19:29 PM
Yah, that silver premium has been that way for years...not sure I recall how many...at least several...like back to 2020.

But I avoid Eagles beause their premiums are always higher than private bullion...i want a store of value, that base value is the gold or silver.  WTF I care if not govt mint?

Most bullion is going for a premium of about $80/oz, about 4.1%.  Get that, skip the Eagles.


In theroy the mint means you can't trust the rating more . In Argentina no one got better than 18K prices for anything - better to just own 18K chain.
I never bought an Eagle myself-- but premiums used to hang closer to $30 -- and I just started arbitrarily watching that as a measure.

Last few years junk silver has hung around $5-7  --both premiums are at near their highest since I have been watching ( 2008)  and that they are decoupling from SPOT moves is also  a omen that things are changing... and probably not for the better.

Oh yeah...everything is getting sketchy as heck...and once that change hits...it'll be too late for the unwary...

The Au to Ag ratio is still a retarded 85:1...either Au is grossly over-valued (unlikely, if anything under-valued) or Ag is way under-valued (mostly true)...

Going to be wild watching this reality check...

Of course, they'll continue to try and game things...but they cannot hide everything forever...it is getting more silly by the second...
Title: Re: Just commodities
Post by: Libertas on April 12, 2023, 08:25:27 AM
https://www.zerohedge.com/markets/gold-tailwinds-rising-it-enters-real-yield-sweet-spot (https://www.zerohedge.com/markets/gold-tailwinds-rising-it-enters-real-yield-sweet-spot)

Should be an interesting year and going into what could be a crazy 2024...assuming nothing critical snaps this year...so many things in flux economically, politically, culturally and war fronts...
Title: Re: Just commodities
Post by: Libertas on May 08, 2023, 09:11:44 AM
https://www.zerohedge.com/commodities/central-bank-gold-buying-record-breaking-start-2023-led-singapore (https://www.zerohedge.com/commodities/central-bank-gold-buying-record-breaking-start-2023-led-singapore)

Interesting as always...the usual suspects...sans one - Russia, who shed 6 tons...which heavily Russophile ZH quickly notes is no big deal...but it appears perhaps lower energy sales and/or rising war costs are causing some holdings to be shed...something to keep an eye on...

Also, which one of the usual suspects buying gold would be easy to rob?  Hint - who would be easier to invade and strip clean?

Bonus - who is most likely to commit such an act?
Title: Re: Just commodities
Post by: Libertas on May 15, 2023, 08:16:31 AM
https://www.zerohedge.com/commodities/us-natgas-drilling-collapses-fastest-rate-2016 (https://www.zerohedge.com/commodities/us-natgas-drilling-collapses-fastest-rate-2016)

This is good news short-term for consumers getting hammered everywhere else in this planned Kenyan shadow government destruction...but could have downstream carnage in the industry if the greater macroeconomic situation doesn't improve...
Title: Re: Just commodities
Post by: ToddF on May 15, 2023, 11:47:55 AM
It's still double what it was before Brandon took over.  But 35c per therm is better than 95c.
Title: Re: Just commodities
Post by: Libertas on May 18, 2023, 12:19:49 PM
https://www.zerohedge.com/geopolitical/us-preparing-punish-opec (https://www.zerohedge.com/geopolitical/us-preparing-punish-opec)

It is the right of free people to freely choose their method of suicide...I will not get in the way of that...

As for the House of Saud, those feckless nomads will whore themselves out to the highest bidder...that is nothing new...seeing them return to the status they enjoyed pre-oil era is their fate...to bad I will not live to see it, but it will come one day...

And the scheme of The Kenyan's puppet may be enjoyable in the short run but it has no legs and invites only more tit for tat crap...but it appears nothing from either direction can stop that now if we are to be realistic...

It's just unfortunate we have to suffer under the demonic control of the America-last/organic-energy-never band of totalitarian assholes...who will only make the suffering of the innocent worse...
Title: Re: Just commodities
Post by: patentlymn on May 18, 2023, 02:45:12 PM
^^^^^
I thought there must be some limit to US govt stupidity. I was wrong. I am no fan of the Saudis but I live in the real world.

The above threat is to allow US lawsuits against the Saudis. That would mean seizing Saudi wealth which means seizing it where accessible, inside the US! Goodbye petrodollar. The Saudis would be so pissed they would make us pay for their oil in rubles. 
Title: Re: Just commodities
Post by: Pandora on May 18, 2023, 03:47:43 PM
https://www.zerohedge.com/geopolitical/us-preparing-punish-opec (https://www.zerohedge.com/geopolitical/us-preparing-punish-opec)

It is the right of free people to freely choose their method of suicide...I will not get in the way of that...

As for the House of Saud, those feckless nomads will whore themselves out to the highest bidder...that is nothing new...seeing them return to the status they enjoyed pre-oil era is their fate...to bad I will not live to see it, but it will come one day...

And the scheme of The Kenyan's puppet may be enjoyable in the short run but it has no legs and invites only more tit for tat crap...but it appears nothing from either direction can stop that now if we are to be realistic...

It's just unfortunate we have to suffer under the demonic control of the America-last/organic-energy-never band of totalitarian assholes...who will only make the suffering of the innocent worse...

Thanks for calling it organic energy - that "fossil fuel" crap sets my teeth on edge.
Title: Re: Just commodities
Post by: Libertas on May 19, 2023, 07:54:15 AM
^^^^^
I thought there must be some limit to US govt stupidity. I was wrong. I am no fan of the Saudis but I live in the real world.

The above threat is to allow US lawsuits against the Saudis. That would mean seizing Saudi wealth which means seizing it where accessible, inside the US! Goodbye petrodollar. The Saudis would be so pissed they would make us pay for their oil in rubles.

As far as that goes, the East is doing all it can to do that anyway...

Eventually the Saudi's will fade away back into the sand from whence they came...nobody will even remember who they were...

As for us all we can do is expect to see our illegitimate rulers to make everything worse...
Title: Re: Just commodities
Post by: Libertas on May 19, 2023, 08:00:37 AM
https://www.zerohedge.com/geopolitical/us-preparing-punish-opec (https://www.zerohedge.com/geopolitical/us-preparing-punish-opec)

It is the right of free people to freely choose their method of suicide...I will not get in the way of that...

As for the House of Saud, those feckless nomads will whore themselves out to the highest bidder...that is nothing new...seeing them return to the status they enjoyed pre-oil era is their fate...to bad I will not live to see it, but it will come one day...

And the scheme of The Kenyan's puppet may be enjoyable in the short run but it has no legs and invites only more tit for tat crap...but it appears nothing from either direction can stop that now if we are to be realistic...

It's just unfortunate we have to suffer under the demonic control of the America-last/organic-energy-never band of totalitarian assholes...who will only make the suffering of the innocent worse...

Thanks for calling it organic energy - that "fossil fuel" crap sets my teeth on edge.

Me too, it was easily dismissed in years past because it wasn't hijacked into being something evil...it was an erroneous appellation by Getty I think as a marketing thing...and people weren't dumb as scat and easily led by the nose imbeciles like today's modern low-IQ perfect leftist...now, screw them, taking the good name of oil back and the mouth-breathing sheeple can stick it!
Title: Re: Just commodities
Post by: Libertas on May 25, 2023, 12:32:25 PM
I think Citi is sending a message...

https://www.zerohedge.com/markets/citigroup-projects-30-silver-next-6-12-months (https://www.zerohedge.com/markets/citigroup-projects-30-silver-next-6-12-months)

If gold is at say $2k...

At 50:1 silver would be $40/oz

At 40:1 - $50

At 30:1 - $67

At 25:1 (1971 when Nixon took US off gold standard) - $80

At 20:1 - $100

At 19:1 (geologist estimation of abundance in Earth) - $105

At 16:1 (1834 amended coinage act) - $125

At 15:1 (1792 coinage act) - $133

At 12:1 (Roman Empire average) - $167

At 10:1 (Greece c.300BC) - $200

At 9:1 (Egypt c.2700BC) - $222

At 6:1 (Hammurabi, Babylon Mesopotamia c.1792-1750BC) - $333

At 2.5:1 (Pharaoh Menes c.3200-3000BC) -  $800

The Citi guess at $30 is very modest...true, we are probably towards the higher ratios than the lower in the modern fiat era of highly manipulated everything...but at some point when the illusions of invincibility of unlimited debt, unlimited printing, skewed balance of trade accounts and spending addicted pols marching to DeepState drum beats and endless conflicts, menticide ops and exploitation starting unravelling...it all can unravel...

So the "proper" ration is going to be dependent upon the current situation in terms of perception (what we have now) and reality (what will come)...

For the now I think Citi is understated (possibly up to 30:1)...for the later I think Citi is grossly understated...
Title: Re: Just commodities
Post by: Libertas on May 25, 2023, 01:01:46 PM
https://www.zerohedge.com/geopolitical/us-preparing-punish-opec (https://www.zerohedge.com/geopolitical/us-preparing-punish-opec)

It is the right of free people to freely choose their method of suicide...I will not get in the way of that...

As for the House of Saud, those feckless nomads will whore themselves out to the highest bidder...that is nothing new...seeing them return to the status they enjoyed pre-oil era is their fate...to bad I will not live to see it, but it will come one day...

And the scheme of The Kenyan's puppet may be enjoyable in the short run but it has no legs and invites only more tit for tat crap...but it appears nothing from either direction can stop that now if we are to be realistic...

It's just unfortunate we have to suffer under the demonic control of the America-last/organic-energy-never band of totalitarian assholes...who will only make the suffering of the innocent worse...

Thanks for calling it organic energy - that "fossil fuel" crap sets my teeth on edge.

Me too, it was easily dismissed in years past because it wasn't hijacked into being something evil...it was an erroneous appellation by Getty I think as a marketing thing...and people weren't dumb as scat and easily led by the nose imbeciles like today's modern low-IQ perfect leftist...now, screw them, taking the good name of oil back and the mouth-breathing sheeple can stick it!

Update - Ha ha!  That Saudi ponce and his "big ouch" warning was all BS!  The cartel is NOT cutting production...

https://www.zerohedge.com/markets/oil-tumbles-after-russias-novak-signals-no-new-production-cut-opec (https://www.zerohedge.com/markets/oil-tumbles-after-russias-novak-signals-no-new-production-cut-opec)

...largely due to Russia revenue needs and the cost of the special military operation still ongoing in Ukraine...
Title: Re: Just commodities
Post by: Libertas on June 07, 2023, 11:26:20 AM
FJB stupidly drains the SPR some more...

https://www.zerohedge.com/energy/wti-extends-gains-above-pre-saudi-cut-levels-biden-drains-spr-10th-straight-week (https://www.zerohedge.com/energy/wti-extends-gains-above-pre-saudi-cut-levels-biden-drains-spr-10th-straight-week)

...he is a very devoted servant of the BRICS & OPEC...

 ::outrage::
Title: Re: Just commodities
Post by: Libertas on June 13, 2023, 09:03:16 AM
FYI -

https://www.zerohedge.com/markets/kansas-wheat-harvest-will-be-smallest-1957-and-us-corn-being-absolutely-devastated-drought (https://www.zerohedge.com/markets/kansas-wheat-harvest-will-be-smallest-1957-and-us-corn-being-absolutely-devastated-drought)

Also, beef & dairy...they're not the baddies idiots would have you believe it is...

https://twitter.com/RootCauseDoctor/status/1569938919248269313 (https://twitter.com/RootCauseDoctor/status/1569938919248269313)
Title: Re: Just commodities
Post by: Libertas on June 13, 2023, 12:17:48 PM
Add toxic fake meat peddlers JBS S.A. to our eternal boycott lists...

https://www.thegatewaypundit.com/2023/06/global-food-processing-giant-announces-worlds-largest-lab/ (https://www.thegatewaypundit.com/2023/06/global-food-processing-giant-announces-worlds-largest-lab/)

 ::effu::
Title: Re: Just commodities
Post by: patentlymn on June 13, 2023, 05:32:42 PM

I don't understand international finance and money or the de-dollarization.
The movie Margin Call is great.
Here is a scene, from 1:10 to 1:40 where I think Will is referring to such things.

https://youtu.be/MAC5J2qgS90
Margin Call - Will Emerson talks about the impending financial turmoil
Title: Re: Just commodities
Post by: patentlymn on June 13, 2023, 05:37:01 PM
FJB stupidly drains the SPR some more...

https://www.zerohedge.com/energy/wti-extends-gains-above-pre-saudi-cut-levels-biden-drains-spr-10th-straight-week (https://www.zerohedge.com/energy/wti-extends-gains-above-pre-saudi-cut-levels-biden-drains-spr-10th-straight-week)

...he is a very devoted servant of the BRICS & OPEC...

 ::outrage::

I heard that the Biden admin recently threatened the Saudis.
Went as well as expected. They will  cut production?
Title: Re: Just commodities
Post by: Libertas on June 14, 2023, 09:42:28 AM
FJB stupidly drains the SPR some more...

https://www.zerohedge.com/energy/wti-extends-gains-above-pre-saudi-cut-levels-biden-drains-spr-10th-straight-week (https://www.zerohedge.com/energy/wti-extends-gains-above-pre-saudi-cut-levels-biden-drains-spr-10th-straight-week)

...he is a very devoted servant of the BRICS & OPEC...

 ::outrage::

I heard that the Biden admin recently threatened the Saudis.
Went as well as expected. They will  cut production?

They cut, will cut...but often one cracks and starts selling a bit more than they promised and the others look away pretending it isn't happening...then more start doing the same...

You want to threaten the Saudi's...do it straight up and follow thru...those pampered wanderers understand nothing but a kick in the teeth...but Team FJB won't do crap about them but piss and moan...
Title: Re: Just commodities
Post by: Libertas on June 16, 2023, 08:27:58 AM
The consequences of fraud and corruption are going to be cresting like a tidal wave...

https://www.zerohedge.com/commodities/drug-and-food-shortages-are-here-and-they-will-get-lot-worse (https://www.zerohedge.com/commodities/drug-and-food-shortages-are-here-and-they-will-get-lot-worse)

 ::outrage::   ::cussing::   ::angry::   ::machinegun::
Title: Re: Just commodities
Post by: ToddF on June 16, 2023, 12:48:23 PM
Don't worry.  The "White House" is on it.   ::)
Title: Re: Just commodities
Post by: Libertas on June 16, 2023, 02:36:57 PM
Don't worry.  The "White House" is on it.   ::)

The "White House" is in on it.

FIFY
Title: Re: Just commodities
Post by: Libertas on June 23, 2023, 09:50:31 AM
https://www.zerohedge.com/personal-finance/watch-people-dont-understand-gold-or-money (https://www.zerohedge.com/personal-finance/watch-people-dont-understand-gold-or-money)

Not surprising...Californicated imbeciles...

When the SHTF people won't be bartering with imbeciles...they litrally have nothing to offer...

They will self-compost themselves...
Title: Re: Just commodities
Post by: Libertas on June 26, 2023, 08:40:14 AM
If they say no foul play...

https://www.zerohedge.com/commodities/heres-what-officially-caused-deadliest-barn-fire-involving-cattle-texas-history (https://www.zerohedge.com/commodities/heres-what-officially-caused-deadliest-barn-fire-involving-cattle-texas-history)

...it is likely foul play...

...such is trust in they/them...
Title: Re: Just commodities
Post by: Libertas on July 07, 2023, 08:26:34 AM
DoD invokes DPA to shore up shortage of certain REMs in wake of PRC export controls...

https://www.zerohedge.com/geopolitical/dod-invokes-defense-production-act-boost-metals-mining-after-china-export-controls (https://www.zerohedge.com/geopolitical/dod-invokes-defense-production-act-boost-metals-mining-after-china-export-controls)

Resource wars picking up...these worked well in the last big war, eh?

/
Title: Re: Just commodities
Post by: Libertas on July 24, 2023, 09:50:10 AM
https://www.zerohedge.com/commodities/chinas-pboc-manipulates-shanghai-exchange-gold-price (https://www.zerohedge.com/commodities/chinas-pboc-manipulates-shanghai-exchange-gold-price)

Their totalitarians cheat just as much as our totalitarians...
Title: Re: Just commodities
Post by: Libertas on July 25, 2023, 12:42:11 PM
https://wjla.com/news/local/virginia-traffic-strasburg-interstate-81-john-marshall-highway-backups-fire-smoke-flames-incident-transportation-vdot-video-cause-gas-line-explosion-industrial-field-injuries-pipeline-shenandoah-county

More sabotage?  Not even a lame first guess at a cause...
Title: Re: Just commodities
Post by: ToddF on July 25, 2023, 04:53:25 PM
The wholesale price of gas is soaring, again.

https://markets.businessinsider.com/commodities/rbob-gasoline (https://markets.businessinsider.com/commodities/rbob-gasoline)

Reflected in a 30c jump in the Casey's/KwikTrip gouge mark, from 3.39 to 3.69.  Topped off at Costco for $3.11 on Saturday.
Title: Re: Just commodities
Post by: Libertas on July 26, 2023, 07:58:04 AM
Yeah, and FJB making us slaves to OPEC+ scum is no mistake...it is intentional persecution of the people!
Title: Re: Just commodities
Post by: Libertas on August 03, 2023, 08:41:34 AM
Sadly...

(https://media.gab.com/cdn-cgi/image/width=568,quality=100,fit=scale-down/system/media_attachments/files/144/140/508/original/730ca01adbabcebf.png)H/T-WRSA@GAB

...I think those days are gone for good...
Title: Re: Just commodities
Post by: Libertas on August 07, 2023, 01:13:37 PM
Seems more bad news always surfaces whenever Biden corruption is uncovered some more and when Trump gets indicted...

https://rumble.com/v35bxui-america-under-attack-huge-industrial-fire-erupts-near-albuquerque-new-mexic.html (https://rumble.com/v35bxui-america-under-attack-huge-industrial-fire-erupts-near-albuquerque-new-mexic.html)

https://www.kwtx.com/2023/08/07/investigation-underway-after-explosion-sherwin-williams-plant-north-texas/ (https://www.kwtx.com/2023/08/07/investigation-underway-after-explosion-sherwin-williams-plant-north-texas/)
Title: Re: Just commodities
Post by: Libertas on August 14, 2023, 09:25:37 AM
More purposeful destruction of American energy and economy and safety...

https://www.zerohedge.com/markets/biden-administrations-planned-grand-canyon-monument-designation-would-inhibit-crucial (https://www.zerohedge.com/markets/biden-administrations-planned-grand-canyon-monument-designation-would-inhibit-crucial)

 ::cussing::
Title: Re: Just commodities
Post by: Libertas on August 14, 2023, 09:35:28 AM
War on food starts with the elites starts with targeting nitrogen which is only a critical element in farming...

https://www.zerohedge.com/political/global-elites-secret-plot-against-food (https://www.zerohedge.com/political/global-elites-secret-plot-against-food)

No organic meat, no organic fruits and vegetables...these ghouls really are going to usher in Soylent Green!

OODB!!!

Leave our food alone!!!

Title: Re: Just commodities
Post by: patentlymn on August 14, 2023, 10:35:10 AM
The recent 2 typhoons hitting NE China hit a large agricultural area and wiped out crops.I am not sure how bad the second typhoon hit that area. That area is normally dry and dusty. Much of the damages is said to be from the govt opening dams to spare Bejing. I heard that if the damages done by flooding the farmers get nothing. If done by the govt opening dams they can get paid. A govt warning that they will open a dam is evidence of opening the dam so ....... I heard sometimes there is no warning.

Plus I saw a video clip of locusts devouring some crop in China. It seems the CCP has lost the "mandate of heaven." This typhoon is even causing some flooding near Vladivostok?

https://youtu.be/PKrInVDqYVQ
 Hit by Consecutive Typhoons and Floods, China’s Largest Grain Region Nearly Wiped Out in One Day
China Observer
259K subscribers
140,269 views  Premiered 19 hours ago  #flood #chinaflood #chinaobserver
Typhoon Doksuri introduced floods that ravaged areas like Beijing, Hebei, and Tianjin, then its circulation continued northward to reach the Northeast region of China. Influenced by the typhoon, several days of heavy rain hit the provinces of Heilongjiang, Liaoning, and Jilin, often referred to as China's "granary". The rivers and reservoirs in these areas saw dramatic rises in water levels, leading to dam breaches. Many at-risk reservoirs, due to years of neglect, not only failed to serve their flood control purpose but also had to release a massive amount of floods to ensure their own safety. This exacerbated the flooding. The raging floods destroyed villages, factories, and other infrastructure, and submerged vast tracts of fertile lands.
#flood #chinaflood #chinaobserver

Title: Re: Just commodities
Post by: Libertas on August 21, 2023, 11:26:54 AM
No pink slime!!!

No meat glue!!!

https://www.zerohedge.com/political/there-meat-glue-your-food (https://www.zerohedge.com/political/there-meat-glue-your-food)

 ::cussing::   ::outrage::   ::angry::   ::pullhair:: 
Title: Re: Just commodities
Post by: Libertas on August 21, 2023, 11:30:38 AM
Decent map of air cargo movement...35% of world trade...

(https://cms.zerohedge.com/s3/files/inline-images/2023-08-20_11-08-52.jpg)

https://www.zerohedge.com/markets/which-airports-move-most-cargo-around-world (https://www.zerohedge.com/markets/which-airports-move-most-cargo-around-world)

...and with ship traffic barely crawling...or bottlenecked by natural causes like Panama (https://www.zerohedge.com/commodities/big-mess-panama-canal-hit-200-ship-bottleneck) or shutdown like China...critical items are coming via air...that stops...everything else will stop...

Title: Re: Just commodities
Post by: Libertas on August 21, 2023, 03:19:51 PM
https://twitter.com/RenzTom/status/1642229969555259395

 ::cussing::

 ::rockets::
Title: Re: Just commodities
Post by: Libertas on August 23, 2023, 08:25:12 AM
https://www.zerohedge.com/commodities/ex-head-jpmorgans-precious-metals-desk-sentenced-prison-manipulation (https://www.zerohedge.com/commodities/ex-head-jpmorgans-precious-metals-desk-sentenced-prison-manipulation)

Done for years and everybody knew it...

This tougher sentence is still  pretty mild IMO...

And if anybody think manipulation is still not being done at the behest of the elite cabal their fooling themselves...

Every few years some minions have to be sacrificed, but just a little bit...
Title: Re: Just commodities
Post by: Libertas on August 28, 2023, 11:09:00 AM
More war on our food...seems obvious why in this specific case...

All of our products are organic, non-GMO, and soy free. The farmer produces food following Weston Price principles, including rotational grazing, no antibiotics or growth hormones, and farming beyond organic standards. We belong to a limited number of milk producers that do not resort to feeding grain to our cows. We believe in providing them with fresh pasture to graze on and chemical-free hay during winter.
https://www.thegatewaypundit.com/2023/08/government-overreach-virginia-amish-farmers-livelihood-line-following/ (https://www.thegatewaypundit.com/2023/08/government-overreach-virginia-amish-farmers-livelihood-line-following/)

More at link...totally not in lock-step with the extra-legal stormtrooper statist designs...
Title: Re: Just commodities
Post by: Libertas on September 12, 2023, 12:29:41 PM
And another food processing plant explodes...

https://www.thegatewaypundit.com/2023/09/explosion-major-us-food-processing-plant-leaves-least/ (https://www.thegatewaypundit.com/2023/09/explosion-major-us-food-processing-plant-leaves-least/)

(https://westernrifleshooters.us/wp-content/uploads/2021/06/5ez79e.jpg)

Sure...usually by design...especially in the numbers we've been seeing...
Title: Re: Just commodities
Post by: patentlymn on September 12, 2023, 02:20:08 PM

Those ag processing plants are dangerous. I worked at one long ago. starch warehouse blew up. Also the hexane unloading building. Before I got there. Killed about one person per year.

I heard this was caused by undetected leak through a heat exchanger. Heard from a competitor who installed a detector AFTER this happened.

https://en.wikipedia.org/wiki/Louisville_sewer_explosions
On February 13, 1981, a series of explosions destroyed more than 13 miles (21 km) of sewer lines and streets in the center of Louisville in Kentucky, United States.[1][2][3] The explosions resulted in extensive damage to property and infrastructure; there were no fatalities, but four people were injured.[4][5]
Title: Re: Just commodities
Post by: Libertas on September 18, 2023, 09:49:28 AM
Accidents happen...this many accidents happening is not normal...

And speaking of not-accidents...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/bfm4813_0.jpg)

https://www.zerohedge.com/energy/thanks-joe-gas-prices-have-never-been-high-time-year (https://www.zerohedge.com/energy/thanks-joe-gas-prices-have-never-been-high-time-year)

FJB Economics and crashing domestic energy production in furtherance of the totalitarian religion of globalist despots is doing exactly what it was designed...

And FJB's emptying of the SPR had no effect other than placing us in greater existential danger...

(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-09-17_15-59-00.jpg)

https://www.zerohedge.com/geopolitical/bad-really-bad (https://www.zerohedge.com/geopolitical/bad-really-bad)

Be sure to thank all DemoNazis and Cucks!
Title: Re: Just commodities
Post by: Libertas on September 19, 2023, 09:51:50 AM
https://www.zerohedge.com/energy/biden-administration-puts-uranium-between-hard-rock-and-no-place-critical-mineral-list (https://www.zerohedge.com/energy/biden-administration-puts-uranium-between-hard-rock-and-no-place-critical-mineral-list)

Duh, it's all about destroying us, stupid!
Title: Re: Just commodities
Post by: Libertas on September 20, 2023, 09:07:27 AM
https://twitter.com/WallStreetApes/status/1700597686687388055

They hate people and want them to suffer...there is NO other conclusion!   ::outrage::
Title: Re: Just commodities
Post by: patentlymn on September 20, 2023, 10:11:33 AM
https://twitter.com/WallStreetApes/status/1700597686687388055

They hate people and want them to suffer...there is NO other conclusion!   ::outrage::

Putin and MBS send their thanks to Biden.
(https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fimages.dailykos.com%2Fimages%2F449127%2Flarge%2Fputin_laugh.gif%3F1505506716&f=1&nofb=1&ipt=bd2d5c5507cf6c2e98105ffb9fa6be72874a839f68dbb1ea8982fe87af75e001&ipo=images)
Title: Re: Just commodities
Post by: Libertas on October 09, 2023, 03:32:57 PM
https://www.zerohedge.com/energy/opec-says-oil-industry-needs-14-trillion-investment-2045 (https://www.zerohedge.com/energy/opec-says-oil-industry-needs-14-trillion-investment-2045)

Calling all OPEC & BRICS+ to pony up!   :D
Title: Re: Just commodities
Post by: Libertas on October 19, 2023, 08:29:56 AM
Dumbest effing move possible with these socialist bastards who jumped in bed with the Rus and the OPEC+ & BIRCS crowd...

https://www.zerohedge.com/markets/biden-lifts-sanctions-venezuela-dictator-maduro-exchange-oil (https://www.zerohedge.com/markets/biden-lifts-sanctions-venezuela-dictator-maduro-exchange-oil)

...socialism DESTROYED their once thriving nation, oil production is 1/5th their pre-socialist norm...they are consuming more than they produce...and any increase (which a sane person would be correctly dubious of) is NOT going to go to America...only a brain-dead fool, hard-drug-user or moron could think otherwise...

Just another capitulation to a sh*t regime by traitorous puppet FJB!
Title: Re: Just commodities
Post by: patentlymn on October 19, 2023, 01:53:39 PM

What was the offered reason by Biden admin for the change?
They had been able to blame the US sanctions for their bad economy.  Now?
Title: Re: Just commodities
Post by: Libertas on October 19, 2023, 02:33:44 PM
Reason?  Buy their oil... 
Title: Re: Just commodities
Post by: patentlymn on October 19, 2023, 03:29:47 PM

I recall the VE oil is heavy and can only be handled by some refineries.
So Joe does not want Alaskan oil but does want VE oil.
Title: Re: Just commodities
Post by: patentlymn on October 19, 2023, 03:36:53 PM

The last part about Russia is laughable. Oil is oil. How do you tell if a Russian ran drilling was used? I did not know that Russia was involved in the VE oil business. Didn't UK steal the VE gold reserves? 

There is a pattern here. Russia and China are helping countries make stuff and trade with them out of self interest. The US often wants spoil things for other countries. EU will collapse thanks to sanctions and the NS explosions.
https://t.me/Slavyangrad/69240
The easing of US sanctions against Venezuela will be reversible. A high-ranking Washington administration representative told reporters this at a special telephone briefing.

Other statements by the US administration:

?? The US is easing sanctions against Venezuela, mainly in the oil and gas sector;

?? The new US decisions on Venezuela do not affect its frozen assets abroad and the oil company Citgo;

?? The US easing of sanctions against the oil and gas sector of Venezuela does not apply to Russian-owned or operated structures.
Title: Re: Just commodities
Post by: Libertas on October 20, 2023, 07:30:25 AM

I recall the VE oil is heavy and can only be handled by some refineries.
So Joe does not want Alaskan oil but does want VE oil.

Which is why earlier the OK was given for American oil companies to operate there again...

But I seriously doubt any new oil from here as a result of this is coming...a reasonable person would ask "why would it"?
Title: Re: Just commodities
Post by: patentlymn on October 20, 2023, 10:28:37 AM

I recall the VE oil is heavy and can only be handled by some refineries.
So Joe does not want Alaskan oil but does want VE oil.

Which is why earlier the OK was given for American oil companies to operate there again...

But I seriously doubt any new oil from here as a result of this is coming...a reasonable person would ask "why would it"?
Why would a US refinery make the changes to handle the heavy crude when the US govt said this change is temporary?
Title: Re: Just commodities
Post by: Libertas on October 20, 2023, 12:18:43 PM

I recall the VE oil is heavy and can only be handled by some refineries.
So Joe does not want Alaskan oil but does want VE oil.

Which is why earlier the OK was given for American oil companies to operate there again...

But I seriously doubt any new oil from here as a result of this is coming...a reasonable person would ask "why would it"?
Why would a US refinery make the changes to handle the heavy crude when the US govt said this change is temporary?

Ask the FJB regime...

 ::hysterical::
Title: Re: Just commodities
Post by: Libertas on November 22, 2023, 12:02:11 PM
The Kenyan's FJB muppet already is missing the opportunity to refill the previously and stupidly raided SPR...

https://www.zerohedge.com/energy/wti-holds-losses-after-large-crude-build-spr-refill-plan-hold-7th-straight-week (https://www.zerohedge.com/energy/wti-holds-losses-after-large-crude-build-spr-refill-plan-hold-7th-straight-week)

...WTI on the up-climb again today.

Oh, and a good primer for how the PTB's game the COMEX prices for silver & gold...

https://www.sprottmoney.com/blog/overt-manipulation-in-gold-silver-prices (https://www.sprottmoney.com/blog/overt-manipulation-in-gold-silver-prices)

...and when it is played through NYSE options expiration days it will also affect gold & silver ETF holders on the wrong side of the gaming.

Title: Re: Just commodities
Post by: Libertas on December 04, 2023, 09:22:06 AM
(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-12-02_07-47-05.jpg)


Mineral / Considered Critical   🇺🇸 U.S.   🇪🇺 EU   🇨🇳 China
Aluminum/ bauxite   Yes   Yes   Yes
Antimony   Yes   Yes   Yes
Cobalt   Yes   Yes   Yes
Copper   Yes   Yes   Yes
Fluorspar   Yes   Yes   Yes
Graphite   Yes   Yes   Yes
Lithium   Yes   Yes   Yes
Nickel   Yes   Yes   Yes
Rare earths   Yes   Yes   Yes
Tungsten   Yes   Yes   Yes
Arsenic   Yes   Yes   No
Barite   Yes   Yes   No
Beryllium   Yes   Yes   No
Bismuth   Yes   Yes   No
Germanium   Yes   Yes   No
Hafnium   Yes   Yes   No
Magnesium   Yes   Yes   No
Manganese   Yes   Yes   No
Niobium   Yes   Yes   No
Platinum   Yes   Yes   No
Tantalum   Yes   Yes   No
Titanium   Yes   Yes   No
Vanadium   Yes   Yes   No
Tin   Yes   No   Yes
Zirconium   Yes   No   Yes
Phosphorus   No   Yes   Yes
Cesium   Yes   No   No
Chromium   Yes   No   No
Indium   Yes   No   No
Rubidium   Yes   No   No
Samarium   Yes   No   No
Tellurium   Yes   No   No
Zinc   Yes   No   No
Boron   No   Yes   No
Coking Coal   No   Yes   No
Feldspar   No   Yes   No
Gallium   No   Yes   No
Helium   No   Yes   No
Phosphate Rock   No   Yes   No
Scandium   No   Yes   No
Silicon   No   Yes   No
Strontium   No   Yes   No
Gold   No   No   Yes
Iron ore   No   No   Yes
Molybdenum   No   No   Yes
Potash   No   No   Yes
Uranium   No   No   Yes
Despite having most of the same materials found in the U.S. or China’s list, the European list is the only one to include phosphate rock. The region has limited phosphate resources (only produced in Finland) and largely depends on imports of the material essential for manufacturing fertilizers.

Coking coal is also only on the EU list. The material is used in the manufacture of pig iron and steel. Production is currently dominated by China (58%), followed by Australia (17%), Russia (7%), and the U.S. (7%).

The U.S. has also sought to reduce its reliance on imports. Today, the country is 100% import-dependent on manganese and graphite and 76% on cobalt.

After decades of sourcing materials from other countries, the U.S. local production of raw materials has become extremely limited. For instance, there is only one operating nickel mine (primary) in the country, the Eagle Mine in Michigan. Likewise, the country only hosts one lithium source in Nevada, the Silver Peak Mine.

China’s Dominance
Despite being the world’s biggest carbon polluter, China is the largest producer of most of the world’s critical minerals for the green revolution.

China produces 60% of all rare earth elements used as components in high-technology devices, including smartphones and computers. The country also has a 13% share of the lithium production market. In addition, it refines around 35% of the world’s nickel, 58% of lithium, and 70% of cobalt.
https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security (https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security)

EU slightly more worse off than the US...the latter hampered by ignorant and suicidal anti-mining regulation driven by psychotic eco-nuts and their appeasers.
Title: Re: Just commodities
Post by: Libertas on December 04, 2023, 10:10:29 AM
(https://www.trumparea.com/_pics/2312/so-clear.jpg)

(https://www.trumparea.com/_pics/2312/the-most-expensive.jpg)H/T-CTH
Title: Re: Just commodities
Post by: patentlymn on December 04, 2023, 12:11:20 PM
(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-12-02_07-47-05.jpg)


Mineral / Considered Critical   🇺🇸 U.S.   🇪🇺 EU   🇨🇳 China
Aluminum/ bauxite   Yes   Yes   Yes
Antimony   Yes   Yes   Yes
Cobalt   Yes   Yes   Yes
Copper   Yes   Yes   Yes
Fluorspar   Yes   Yes   Yes
Graphite   Yes   Yes   Yes
Lithium   Yes   Yes   Yes
Nickel   Yes   Yes   Yes
Rare earths   Yes   Yes   Yes
Tungsten   Yes   Yes   Yes
Arsenic   Yes   Yes   No
Barite   Yes   Yes   No
Beryllium   Yes   Yes   No
Bismuth   Yes   Yes   No
Germanium   Yes   Yes   No
Hafnium   Yes   Yes   No
Magnesium   Yes   Yes   No
Manganese   Yes   Yes   No
Niobium   Yes   Yes   No
Platinum   Yes   Yes   No
Tantalum   Yes   Yes   No
Titanium   Yes   Yes   No
Vanadium   Yes   Yes   No
Tin   Yes   No   Yes
Zirconium   Yes   No   Yes
Phosphorus   No   Yes   Yes
Cesium   Yes   No   No
Chromium   Yes   No   No
Indium   Yes   No   No
Rubidium   Yes   No   No
Samarium   Yes   No   No
Tellurium   Yes   No   No
Zinc   Yes   No   No
Boron   No   Yes   No
Coking Coal   No   Yes   No
Feldspar   No   Yes   No
Gallium   No   Yes   No
Helium   No   Yes   No
Phosphate Rock   No   Yes   No
Scandium   No   Yes   No
Silicon   No   Yes   No
Strontium   No   Yes   No
Gold   No   No   Yes
Iron ore   No   No   Yes
Molybdenum   No   No   Yes
Potash   No   No   Yes
Uranium   No   No   Yes
Despite having most of the same materials found in the U.S. or China’s list, the European list is the only one to include phosphate rock. The region has limited phosphate resources (only produced in Finland) and largely depends on imports of the material essential for manufacturing fertilizers.

Coking coal is also only on the EU list. The material is used in the manufacture of pig iron and steel. Production is currently dominated by China (58%), followed by Australia (17%), Russia (7%), and the U.S. (7%).

The U.S. has also sought to reduce its reliance on imports. Today, the country is 100% import-dependent on manganese and graphite and 76% on cobalt.

After decades of sourcing materials from other countries, the U.S. local production of raw materials has become extremely limited. For instance, there is only one operating nickel mine (primary) in the country, the Eagle Mine in Michigan. Likewise, the country only hosts one lithium source in Nevada, the Silver Peak Mine.

China’s Dominance
Despite being the world’s biggest carbon polluter, China is the largest producer of most of the world’s critical minerals for the green revolution.

China produces 60% of all rare earth elements used as components in high-technology devices, including smartphones and computers. The country also has a 13% share of the lithium production market. In addition, it refines around 35% of the world’s nickel, 58% of lithium, and 70% of cobalt.
https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security (https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security)

EU slightly more worse off than the US...the latter hampered by ignorant and suicidal anti-mining regulation driven by psychotic eco-nuts and their appeasers.

Good info. I wonder how much of EU in in Russia or former USSR?
Remember that the US lithium iand other minerals are in 'pristine' areas. didn't the state MN kill a possible mine in MN?

It took 30 years to overcome environmental suits against a bridge replacement near Stillwater MN across the St. Croix River.  That took an act of congress to exempt the bridge from environmental laws.

When I see scaremonger stories about Russian activities in the arctic I get pissed off since the US will not even exploit Alaska. In case you forgot to celebrate, yesterday was Nuclear Icebreaker Fleet Day in Russia.
https://t.me/EurasianChoice/32086 (https://t.me/EurasianChoice/32086)

https://youtu.be/VJcnuZB4Xt4?t=93 (https://youtu.be/VJcnuZB4Xt4?t=93)
Title: Re: Just commodities
Post by: patentlymn on December 04, 2023, 12:37:41 PM
Interesting guy interviewed by the grumpy Russian expat. Andre wrote a few books on military as former USSR naval guy. Lives in US.
Lama shows how economy VERY closely tracks energy use.

https://youtu.be/7ANJPdkJAZQ
Conversations With Dr. Fadi Lama.

https://youtu.be/fBX6RaN3JOU
Conversations with Dr. Fadi Lama II
Title: Re: Just commodities
Post by: Libertas on December 04, 2023, 01:45:35 PM
(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-12-02_07-47-05.jpg)


Mineral / Considered Critical   🇺🇸 U.S.   🇪🇺 EU   🇨🇳 China
Aluminum/ bauxite   Yes   Yes   Yes
Antimony   Yes   Yes   Yes
Cobalt   Yes   Yes   Yes
Copper   Yes   Yes   Yes
Fluorspar   Yes   Yes   Yes
Graphite   Yes   Yes   Yes
Lithium   Yes   Yes   Yes
Nickel   Yes   Yes   Yes
Rare earths   Yes   Yes   Yes
Tungsten   Yes   Yes   Yes
Arsenic   Yes   Yes   No
Barite   Yes   Yes   No
Beryllium   Yes   Yes   No
Bismuth   Yes   Yes   No
Germanium   Yes   Yes   No
Hafnium   Yes   Yes   No
Magnesium   Yes   Yes   No
Manganese   Yes   Yes   No
Niobium   Yes   Yes   No
Platinum   Yes   Yes   No
Tantalum   Yes   Yes   No
Titanium   Yes   Yes   No
Vanadium   Yes   Yes   No
Tin   Yes   No   Yes
Zirconium   Yes   No   Yes
Phosphorus   No   Yes   Yes
Cesium   Yes   No   No
Chromium   Yes   No   No
Indium   Yes   No   No
Rubidium   Yes   No   No
Samarium   Yes   No   No
Tellurium   Yes   No   No
Zinc   Yes   No   No
Boron   No   Yes   No
Coking Coal   No   Yes   No
Feldspar   No   Yes   No
Gallium   No   Yes   No
Helium   No   Yes   No
Phosphate Rock   No   Yes   No
Scandium   No   Yes   No
Silicon   No   Yes   No
Strontium   No   Yes   No
Gold   No   No   Yes
Iron ore   No   No   Yes
Molybdenum   No   No   Yes
Potash   No   No   Yes
Uranium   No   No   Yes
Despite having most of the same materials found in the U.S. or China’s list, the European list is the only one to include phosphate rock. The region has limited phosphate resources (only produced in Finland) and largely depends on imports of the material essential for manufacturing fertilizers.

Coking coal is also only on the EU list. The material is used in the manufacture of pig iron and steel. Production is currently dominated by China (58%), followed by Australia (17%), Russia (7%), and the U.S. (7%).

The U.S. has also sought to reduce its reliance on imports. Today, the country is 100% import-dependent on manganese and graphite and 76% on cobalt.

After decades of sourcing materials from other countries, the U.S. local production of raw materials has become extremely limited. For instance, there is only one operating nickel mine (primary) in the country, the Eagle Mine in Michigan. Likewise, the country only hosts one lithium source in Nevada, the Silver Peak Mine.

China’s Dominance
Despite being the world’s biggest carbon polluter, China is the largest producer of most of the world’s critical minerals for the green revolution.

China produces 60% of all rare earth elements used as components in high-technology devices, including smartphones and computers. The country also has a 13% share of the lithium production market. In addition, it refines around 35% of the world’s nickel, 58% of lithium, and 70% of cobalt.
https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security (https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security)

EU slightly more worse off than the US...the latter hampered by ignorant and suicidal anti-mining regulation driven by psychotic eco-nuts and their appeasers.

Good info. I wonder how much of EU in in Russia or former USSR?
Remember that the US lithium iand other minerals are in 'pristine' areas. didn't the state MN kill a possible mine in MN?

It took 30 years to overcome environmental suits against a bridge replacement near Stillwater MN across the St. Croix River.  That took an act of congress to exempt the bridge from environmental laws.

When I see scaremonger stories about Russian activities in the arctic I get pissed off since the US will not even exploit Alaska. In case you forgot to celebrate, yesterday was Nuclear Icebreaker Fleet Day in Russia.
https://t.me/EurasianChoice/32086 (https://t.me/EurasianChoice/32086)

https://youtu.be/VJcnuZB4Xt4?t=93 (https://youtu.be/VJcnuZB4Xt4?t=93)

 ::cussing::  Minnestupid has nixed new iron mines, copper mines, every new mine!
Title: Re: Just commodities
Post by: patentlymn on December 04, 2023, 01:53:48 PM
(https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-12-02_07-47-05.jpg)


Mineral / Considered Critical   🇺🇸 U.S.   🇪🇺 EU   🇨🇳 China
Aluminum/ bauxite   Yes   Yes   Yes
Antimony   Yes   Yes   Yes
Cobalt   Yes   Yes   Yes
Copper   Yes   Yes   Yes
Fluorspar   Yes   Yes   Yes
Graphite   Yes   Yes   Yes
Lithium   Yes   Yes   Yes
Nickel   Yes   Yes   Yes
Rare earths   Yes   Yes   Yes
Tungsten   Yes   Yes   Yes
Arsenic   Yes   Yes   No
Barite   Yes   Yes   No
Beryllium   Yes   Yes   No
Bismuth   Yes   Yes   No
Germanium   Yes   Yes   No
Hafnium   Yes   Yes   No
Magnesium   Yes   Yes   No
Manganese   Yes   Yes   No
Niobium   Yes   Yes   No
Platinum   Yes   Yes   No
Tantalum   Yes   Yes   No
Titanium   Yes   Yes   No
Vanadium   Yes   Yes   No
Tin   Yes   No   Yes
Zirconium   Yes   No   Yes
Phosphorus   No   Yes   Yes
Cesium   Yes   No   No
Chromium   Yes   No   No
Indium   Yes   No   No
Rubidium   Yes   No   No
Samarium   Yes   No   No
Tellurium   Yes   No   No
Zinc   Yes   No   No
Boron   No   Yes   No
Coking Coal   No   Yes   No
Feldspar   No   Yes   No
Gallium   No   Yes   No
Helium   No   Yes   No
Phosphate Rock   No   Yes   No
Scandium   No   Yes   No
Silicon   No   Yes   No
Strontium   No   Yes   No
Gold   No   No   Yes
Iron ore   No   No   Yes
Molybdenum   No   No   Yes
Potash   No   No   Yes
Uranium   No   No   Yes
Despite having most of the same materials found in the U.S. or China’s list, the European list is the only one to include phosphate rock. The region has limited phosphate resources (only produced in Finland) and largely depends on imports of the material essential for manufacturing fertilizers.

Coking coal is also only on the EU list. The material is used in the manufacture of pig iron and steel. Production is currently dominated by China (58%), followed by Australia (17%), Russia (7%), and the U.S. (7%).

The U.S. has also sought to reduce its reliance on imports. Today, the country is 100% import-dependent on manganese and graphite and 76% on cobalt.

After decades of sourcing materials from other countries, the U.S. local production of raw materials has become extremely limited. For instance, there is only one operating nickel mine (primary) in the country, the Eagle Mine in Michigan. Likewise, the country only hosts one lithium source in Nevada, the Silver Peak Mine.

China’s Dominance
Despite being the world’s biggest carbon polluter, China is the largest producer of most of the world’s critical minerals for the green revolution.

China produces 60% of all rare earth elements used as components in high-technology devices, including smartphones and computers. The country also has a 13% share of the lithium production market. In addition, it refines around 35% of the world’s nickel, 58% of lithium, and 70% of cobalt.
https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security (https://www.zerohedge.com/commodities/these-are-critical-minerals-china-eu-us-national-security)

EU slightly more worse off than the US...the latter hampered by ignorant and suicidal anti-mining regulation driven by psychotic eco-nuts and their appeasers.

Good info. I wonder how much of EU in in Russia or former USSR?
Remember that the US lithium iand other minerals are in 'pristine' areas. didn't the state MN kill a possible mine in MN?

It took 30 years to overcome environmental suits against a bridge replacement near Stillwater MN across the St. Croix River.  That took an act of congress to exempt the bridge from environmental laws.

When I see scaremonger stories about Russian activities in the arctic I get pissed off since the US will not even exploit Alaska. In case you forgot to celebrate, yesterday was Nuclear Icebreaker Fleet Day in Russia.
https://t.me/EurasianChoice/32086 (https://t.me/EurasianChoice/32086)

https://youtu.be/VJcnuZB4Xt4?t=93 (https://youtu.be/VJcnuZB4Xt4?t=93)

 ::cussing::  Minnestupid has nixed new iron mines, copper mines, every new mine!

Death Valley has massive lithium deposits but that area is 'pristine.'
Title: Re: Just commodities
Post by: patentlymn on December 12, 2023, 06:28:22 PM
Interesting guy interviewed by the grumpy Russian expat. Andre wrote a few books on military as former USSR naval guy. Lives in US.
Lama shows how economy VERY closely tracks energy use.

https://youtu.be/7ANJPdkJAZQ
Conversations With Dr. Fadi Lama.

https://youtu.be/fBX6RaN3JOU
Conversations with Dr. Fadi Lama II

I read the book. In almost one sitting. Very good.
In short.
Money Powers control governments and now media.
They wage wars thorough proxies to make money.
The west, mostly US, has created financial systems to extract wealth from the rest of the world to the west.
Disclaimer: I do not understand international finance.
The rest of the world is starting to unravel these networks. See BRICS, SWIFT, sanctions failing, recent UAE/Saudi/African snubs to the US.

There is a very high correlation between energy consumption and well being.
The energy consumption of the west is declining but increasing for much of the world. I recall that US energy consumption has decreased 6% but pop increased 6% so 12% decline.
Much of the world lives in a material reality. The US/West lives in  virtual reality.
Material reality is showing it's face in the Ukraine war.

OR, to re-quote
War is a racket. I was just muscle for Wall St. - Smedley Butler
All wars are bankers wars.
You can ignore reality but you can't ignore the consequences of ignoring reality- Ayn Rand


Title: Re: Just commodities
Post by: Libertas on December 13, 2023, 09:08:18 AM
Well, sure...

Russia and China are not in other lands for altruistic purposes either...

Duh

Might makes right, the weak get to make a "choice" of master or risk being devoured in whole...

SSDD

Welcome to Earth!   ;D
Title: Re: Just commodities
Post by: patentlymn on December 13, 2023, 06:11:18 PM
I do not understand this international finance stuff and likely never will. The above book deals with Bretton Woods.
I believe that the petro dollar arrangement greatly benefited the US somehow and a reduction in this will harm the US.
Having the USD as the reserve currency greatly benefits the US somehow. If this is reduced this will harm the US.

I am not saying the US and western financial systems are evil but that they are gamed to extract more wealth from the rest of the world than would be possible using something similar to barter.

I saw some doc on the Brit financial system titled I think The Spiders Web. How it helps UK.

I recall that France creates the French CAF currency used as a regional reserve currency in central Africa. That somehow extracts wealth into France.  Ghadaffi proposed a gold backed dinar to replace it. That was enough for NATO to have him killed and Libya destroyed. That is real enough for me.

I am not saying France is evil but that they gamed the system to extract more wealth from from Africa than would be possible using something similar to barter.

If these come unraveled and physical reality becomes more important then the US will be harmed. I heard that Russian econ growth will be 5% this year. China has been on a roll for years. They make stuff.  Maybe physical reality is important.

Early on in the Ukr war I got the feeling that the world was turning on the US and west. US, UK, and EU diplomats are snubbed like never before. I get UAE and Saudi confused but look at what just happened. Putin and RU are isolated?

US can't get phone calls returned, UK visit just cancelled. Putin lands and gets the red carpet treatment.  Cecil B Demille type greetings. 21 gun salute. Honor guard and  president AND 88 year old former president gets off his death bed to hug Putin at the airport. Horse cavalry. Camel cavalry. jets (US made jets?) inject chemicals into exhaust to create the Russian tricolor in the sky. Meanwhile some German diplomat lands and gets treated like a turd on the tarmac. Didn't someone maybe Janet Yeltsin go to China for a meeting and they did not even feed her? She had to fend for herself? 

I am just observing reality here. I am not calling good vs evil. The EU is discussing how to use the frozen Russian assets but the international finance people are warning them about what happens next from other investors. Today Russians are the bad guys. Who is next? The Saudis (bone saws and beheadings)?  The biggest depository of ill gotten wealth from around the world is the US. Maybe they should move much of it elsewhere?

Russia and China buy and sell stuff on the best terms they can get. They did not set up the international finance systems to benefit them. Not because they are nice but they did not have the chance. The US depends on gaming the system so what are we doing to threaten it? FA and find out. 

One good quote from Margin Call at 1 min in. I think the world is going to get fairer and that is not good for us.

https://youtu.be/2f2kGHcdJYU?t=61





Title: Re: Just commodities
Post by: Libertas on December 14, 2023, 09:06:41 AM
KISS

Not that hard, don't over-think...

Everybody with fiat currency games their currency, everybody with markets games their markets, everybody with banks games their banks...all to their advantage to friend or foe...everybody with a dominance in resources exploits those resources monopolistically to their benefit and seeks to increase their dominance...everybody, regardless of political system or anything else.  EVERYBODY.

Reserve currency per se is a mixed bag of benefits and risks...generally there can be lower exchange rate risks and potentially greater purchasing power (enter every nations fiat games) and on the downside there can be impacts of artificially low interest rates (see Fed easy money and asset bubbles) and for all transactionally there is a common medium of exchange.  Reducing the span of the dollar in global transactions would not destroy the dollar or necessarily improve its sundry replacements as aforementioned exchange risks and financial & monetary manipulation games.  The only negative to the US in a reduced reserve currency footprint in the world would be on bond offerings, which would need to flex down...not an entirely bad thing if managed properly by the PTB's and they wisely adopt fiscal and monetary discipline and reduce debt.  (And on this latter score, if the abandonment of the dollar is severe and malicious (ie-an act of war)...the PTBs may decide to ser fire to the paper if there is no revaluation agreements, stuff we see in past bankrupt nations.)  The other effects would not just hurt Americans...like equity market valuations reduced...and naturally access to capital and borrowing costs would be nasty.

I would not downplay the war risks at all if de-dollarization got nasty...it (resources/wealth) has been perhaps the most common trigger for wars throughout human history...
Title: Re: Just commodities
Post by: patentlymn on December 14, 2023, 04:05:33 PM

My mind turned to mush part way through your post with the big words. I do not understand that finance stuff.
Never will. My impression that this change will harm US citizens.
Title: Re: Just commodities
Post by: Libertas on December 15, 2023, 08:49:56 AM
Absent nothing to replace what is lost in terms of equal weight...citizens in a lot of nations will suffer...not just the US...

But, why spoil the fun for everyone...experience is always the best teacher...

Title: Re: Just commodities
Post by: Libertas on December 21, 2023, 08:30:56 AM
ho li chit, fat panda no happy...

https://www.zerohedge.com/geopolitical/beijing-imposes-export-controls-rare-earth-processing-tech-mineral-war-us-heats (https://www.zerohedge.com/geopolitical/beijing-imposes-export-controls-rare-earth-processing-tech-mineral-war-us-heats)

...still not sure The Kenyan's puppet can even retaliate anyway, so...

And a little crack in OPEC+....

https://www.zerohedge.com/commodities/oil-tumbles-after-angola-announces-it-leaving-opec (https://www.zerohedge.com/commodities/oil-tumbles-after-angola-announces-it-leaving-opec)

...dancing to the beat of others not the thrill it was promised to be, so sad too bad...
Title: Re: Just commodities
Post by: Libertas on January 04, 2024, 07:58:19 AM
https://www.zerohedge.com/commodities/spot-container-rates-surge-173-due-red-sea-disruptions (https://www.zerohedge.com/commodities/spot-container-rates-surge-173-due-red-sea-disruptions)

So stupid to let these losers exert this much influence over a major shipping choke point...
Title: Re: Just commodities
Post by: patentlymn on January 04, 2024, 01:56:32 PM
Maybe a year or two ago I heard that US carriers were  afraid to get too close to Iran.
Now I get the same feelings about other ships.
The vertically launched sea sparrows cannot be replaced at sea but only at bases?
They cost millions to shoot down missiles costing thousands?

Can USN keep sea lanes open?
The USS Ford is said to just be making scheduled return to port.
I know nothing and just scratch my head at all  this.
Title: Re: Just commodities
Post by: Libertas on January 05, 2024, 07:51:14 AM
 ::saywhat::  We've only run a carrier into the Persian Gulf since the late 70's... 
Title: Re: Just commodities
Post by: Libertas on January 11, 2024, 03:40:16 PM
Given the hot points in the Middle East I am bullish on oil too...

https://www.zerohedge.com/news/2024-01-10/inflection-investor-fund-manager-shares-his-portfolio-2024 (https://www.zerohedge.com/news/2024-01-10/inflection-investor-fund-manager-shares-his-portfolio-2024)
Title: Re: Just commodities
Post by: Libertas on January 17, 2024, 08:44:46 AM
China might be run by commie bastards...but they know an opportunity when they see one...

https://www.zerohedge.com/commodities/they-are-snapping-oil-all-over-world-china-taking-advantage-recent-slide-oil-prices (https://www.zerohedge.com/commodities/they-are-snapping-oil-all-over-world-china-taking-advantage-recent-slide-oil-prices)

Is the POS FJB re-filling the SPR he drained?  No, of course not!!!   ::outrage::

ON the plus side seems the US is peeling off some business from Russia on the weapons front...

https://www.zerohedge.com/geopolitical/who-sells-most-weapons (https://www.zerohedge.com/geopolitical/who-sells-most-weapons)

And a uptick in demand is restarting uranium mining in Wyoming...

https://www.zerohedge.com/commodities/uranium-energy-restarts-wyoming-production (https://www.zerohedge.com/commodities/uranium-energy-restarts-wyoming-production)
Title: Re: Just commodities
Post by: Libertas on January 25, 2024, 08:29:43 AM
Russia's dark fleet ops offshore down a lot now too...

https://www.zerohedge.com/commodities/russian-seaborne-crude-shipments-drop-seven-week-low (https://www.zerohedge.com/commodities/russian-seaborne-crude-shipments-drop-seven-week-low)

And I cannot be the only one who finds Rus ships getting hit in the Red Sea ironic and funny...

Anyway...the inability to end these Houthi jackasses is ensuring inflationary costs rise...and combined with the weather issues in Panama that's two major choke points in distress...

https://www.zerohedge.com/markets/red-sea-blockage-leads-out-control-shipping-rates-charters-hits-100000-day (https://www.zerohedge.com/markets/red-sea-blockage-leads-out-control-shipping-rates-charters-hits-100000-day)
Title: Re: Just commodities
Post by: Libertas on January 25, 2024, 11:02:25 AM
I do not want Chi-Com devils involved in any way in our food production or distribution...our manufacturing...ANYTHING!

https://dailycaller.com/2024/01/25/chinese-communist-party-landowner-pork/

 ::asskicking::
Title: Re: Just commodities
Post by: patentlymn on January 25, 2024, 05:02:18 PM
I do not blame the CCP. I blame the corrupt US govt for letting it happen. CCP would never allow US to buy their land.

update
China owns Smithfield foods.
Title: Re: Just commodities
Post by: patentlymn on January 25, 2024, 07:34:19 PM
I recall seeing a fleet of Russian nuke ice breakers. Some are so old they are retired.
https://youtu.be/VJcnuZB4Xt4?t=95
Which country has the most icebreakers?
Russia is by far the largest operator of icebreakers in the world today, with an astounding fleet of 37 icebreaker ships, and several more either planned or already under construction.Feb 5, 2022




https://t.me/geopolitics_live/14575

🇷🇺🇮🇳 Development of Vladivostok-Chennai route is priority for India: Deputy Minister for Far East & Arctic Development Anatoly Bobrakov

“If today cargo through the Suez Canal takes 40 days to reach Russia, then through the eastern corridor this time will be reduced to 24 days, by 40%, and this proves the need for the development of this corridor. The important aspect here is that they consider the eastern corridor as an alternative to the existing corridors, and a safe alternative,” the deputy minister explained.

India also continues to show interest in the Northern Sea Route, while its government says the route will reduce the delivery time of goods to Russia by 16 days.

https://t.me/ZradaXXII/30877
Ice is "melting"

Due to the activity of the Houthis, the trade route through the Suez Canal is shrinking, and carriers have to sail all the way around Africa. Although there is the Northern Sea Route, which is much faster than the usual route through the Red Sea. Russia has put lots of efforts to make it working.

There was one problem - the harsh conditions of the far north and the need for icebreakers. But... It seems there is progress in this.

Russia's nuclear power giant and DP World from the UAE have signed an agreement to create a container ship specifically for Arctic conditions. Thus, most of the problems will be eliminated.
Title: Re: Just commodities
Post by: Pandora on January 25, 2024, 08:21:33 PM
I do not blame the CCP. I blame the corrupt US govt for letting it happen. CCP would never allow US to buy their land.

update
China owns Smithfield foods.

And I stopped buying anything Smithfield when the chinks bought it.
Title: Re: Just commodities
Post by: Libertas on January 26, 2024, 08:03:14 AM
And here is yet more FJB insane destruction...

https://www.zerohedge.com/commodities/biden-set-announce-lng-export-ban-appease-climate-warriors-ahead-election (https://www.zerohedge.com/commodities/biden-set-announce-lng-export-ban-appease-climate-warriors-ahead-election)

...in a way this is a total panic sign because of their cratering political viability...so I would expect even more destruction coming...

Title: Re: Just commodities
Post by: patentlymn on January 26, 2024, 02:38:25 PM

That is weird. I would expect most of US LNG to be exported due to higher cost of LNG compared to NG. Maybe the Dems are just shaking down the LNG makers for campaign cash. I realize that this seems to be just NEW, additional permits but this will hurt foreign buyers some. It will of course help Russian and Middle east shippers.

https://www.statista.com/statistics/1262074/global-lng-export-capacity-by-country/ (https://www.statista.com/statistics/1262074/global-lng-export-capacity-by-country/)
US, Australia, Qatar, Russia, Algeria, Indonesia, Nigeria ...
Title: Re: Just commodities
Post by: Libertas on January 29, 2024, 08:16:57 AM
If it hurts America, helps other countries they subjectively despise and lines their pockets...well, that's the demonazi trifecta...

Ironically, it is also the cuck trifecta...the only difference being mere degrees in how it effs America over...
Title: Re: Just commodities
Post by: Libertas on January 30, 2024, 11:24:45 AM
More chickens up in smoke...

https://rumble.com/v4a8jc6-america-under-attack-large-explosion-and-fire-wipes-out-feather-crest-chick.html
Title: Re: Just commodities
Post by: Libertas on January 31, 2024, 08:54:34 AM
And more energy infrastructure sabotage?

https://www.zerohedge.com/commodities/natgas-pipeline-erupts-500-foot-fireball-western-oklahoma (https://www.zerohedge.com/commodities/natgas-pipeline-erupts-500-foot-fireball-western-oklahoma)

 ::whatgives::
Title: Re: Just commodities
Post by: Libertas on February 16, 2024, 09:20:14 AM
This looks spot on to me...

https://www.zerohedge.com/commodities/goldsilver-ratio-says-silvers-still-cheap (https://www.zerohedge.com/commodities/goldsilver-ratio-says-silvers-still-cheap)

The ration this morning is 86.5:1...if you can grab some I would get some.  Hard to tell how many opportunities are left...and the stupid human games season is just starting...
Title: Re: Just commodities
Post by: Libertas on March 04, 2024, 08:37:35 AM
The first rule of gold fight club...

https://www.zerohedge.com/economics/fed-chair-tight-lipped-foreign-nations-evacuation-gold-us (https://www.zerohedge.com/economics/fed-chair-tight-lipped-foreign-nations-evacuation-gold-us)

...is you don't talk about gold fight club...the second rule is see the first rule...

Title: Re: Just commodities
Post by: Libertas on March 05, 2024, 12:55:20 PM
Whoa!

https://www.zerohedge.com/commodities/we-have-liftoff-spot-gold-takes-out-record-high (https://www.zerohedge.com/commodities/we-have-liftoff-spot-gold-takes-out-record-high)

I reckon all that wreckless defecit spending and adding a trillion to the national debt every 100 days isn't the panacea for our ills...it is in fact a key component in our ills...
Title: Re: Just commodities
Post by: Libertas on March 19, 2024, 12:24:28 PM
Obviously, They/Them think lumber prices are too low and/or owner wasn't playing ball with them...

https://rumble.com/v4k5y3z-massive-fire-and-multiple-explosions-strike-pennsylvania-lumber-yard.html
Title: Re: Just commodities
Post by: Libertas on March 22, 2024, 09:08:02 AM
This has been a growing problem for over a year IIRC...seems to be kicking into high panic now...

https://www.zerohedge.com/commodities/everyone-panicking-major-cocoa-processor-scrambles-find-beans-prices-hyperinflate (https://www.zerohedge.com/commodities/everyone-panicking-major-cocoa-processor-scrambles-find-beans-prices-hyperinflate)

Should store fairly well, hoard now if you want it.
Title: Re: Just commodities
Post by: ToddF on March 22, 2024, 09:31:57 AM
The wife uses cocoa in her oatmeal.  Will have to stock up the next time we go to Costco.