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ObamaNation
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Title: Oil & Gold Soar On Week, But 'Good Data' Wrecks Rate-Cut Hopes, Slamming Stocks & Bonds
Source: zerohedge
URL Source: https://www.zerohedge.com/markets/o ... ut-hopes-slamming-stocks-bonds
Published: Apr 5, 2024
Author: Tyler Durden
Post Date: 2024-04-05 18:53:29 by Esso
Keywords: None
Views: 264
Comments: 2

Edited for only gold [Esso].

Gold had another huge week, rallying to a new record high above $2330 (spot). Gold is up 9 of the last 10 days and 6 of the last 7 weeks...

Gold is screaming that something bad is coming (inferring negative real yields - something we have only seen deep in crises)...

History rhymes...

Click for Full Text!


Poster Comment:

I've got a lot of friends in "Bidenomics" trouble. I'm short of cash after Prez Pedo fucked me on income taxes, so I went and saw my coin dealer Solly and turned in a couple ounces of Au. He clipped me for ~$100 going out, don't know what the premiums going in are, but last time I sold, maybe a couple years ago, he paid me spot to sell. Fuck it, he's gotta make money too. It's just the cost of doing business.

I can't give anybody checks anymore thanks to Prez Pedo's new tax bullshit, and I'll be damned if the folks I'm helping out get in trouble with the feds if I can't write it off on my taxes, so cash it is from now on.

You Can't Take It With You (1938) [Free on EweToob for now]

That's pretty much how I run the Secret Airbase nowadays... Cute movie.

Dr. Kimmy sent me flowers today. I hope they're for my birthday and not my funeral... Maybe it wasn't from Doc, there was no card. Hmmm.(2 images)

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#1. To: Whoever sent me flowers today (#0)

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2024-04-05   19:03:04 ET  Reply   Trace   Private Reply  


#2. To: All (#0)

...don't know what the premiums going in are...

On Canadian Maples, APMEX is getting a $60/oz premium. Supply must be good.

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2024-04-05   21:14:11 ET  Reply   Trace   Private Reply  


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