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Just hit $87
japan is in trouble this week and to support the yen they have tried to quietly hide they are dumping 1.5 trillion dollars of USA treasuries -- the AI algorithms spotted it and the cascade effect is what you are seeing .Silver trades at 98$ in The Far east. The physical market is leading and dominating, with the West playing catchup
When you google it you see headings that Ireland is no 3 but my memory was of the RTE one which said we were no 4 as you can see if you type in Ireland is no 4 in treasuries .You are overestimating the amount of treasuries a bit but it is vital all right to watch Japan . You can see the yen falling to over 159 to the dollar.
Ireland adrift is an exact metaphor, the current hurrying it along is whatever passes for an idea in the tumbleweed infested mind of VdL, the country has no distinct propulsion or rudder of its own.When you google it you see headings that Ireland is no 3 but my memory was of the RTE one which said we were no 4 as you can see if you type in Ireland is no 4 in treasuries .
the holdings of the companies based in Ireland are huge and when added to the Irish state holdings are bigger i think than china .
we are very exposed what do you think of our exposure --we had 2 competent ministers of finance and they were poached by the EU and the world bank --- Michael mc grath and pascal Donahue .
i find it strange we should find ourselves with a finance minister who is less qualified than i or you to be finance minister and has his role as party leader which is full time and his role as tainiste which is full time added to the job which 4 men would find difficult to manage as a unit .
we are badly served and we seem to have nobody to look after our interests in the dail it just seems to float aimlessly down a stream somewhere and we find ourselves in a dark drain ---- and we look around and say how the fuck did we get here .
If however the EU places sanctions on the US for taking Greenland, against it's will, all bets are off, possibility of Pharma etc forbidden to trade with the USA would see them having no choice but to leave. Would also lead to the destruction of NATO, a lot depending on these Greenland talks....Ireland adrift is an exact metaphor, the current hurrying it along is whatever passes for an idea in the tumbleweed infested mind of VdL, the country has no distinct propulsion or rudder of its own.
Yet not is all lost, it has half a plaster or two for the holes in the boat in the form of big pharma which is worth 100 billion a year and big tech which employs 106,000, although I can't find an income figure easily.
Despite the threat of tariffs neither appear to be shifting out of Ireland much.
I'm not over perturbed by the Greenland situation, America will get its way by negotiation. Greenland isn't part of the EU anyway, it was the first country to leave, it might prefer to be under the wing of Uncle Sam.If however the EU places sanctions on the US for taking Greenland, against it's will, all bets are off, possibility of Pharma etc forbidden to trade with the USA would see them having no choice but to leave. Would also lead to the destruction of NATO, a lot depending on these Greenland talks....
There are a number of patent expiration after happening.Ireland adrift is an exact metaphor, the current hurrying it along is whatever passes for an idea in the tumbleweed infested mind of VdL, the country has no distinct propulsion or rudder of its own.
Yet not is all lost, it has half a plaster or two for the holes in the boat in the form of big pharma which is worth 100 billion a year and big tech which employs 106,000, although I can't find an income figure easily.
Despite the threat of tariffs neither appear to be shifting out of Ireland much.
Ask the Sioux in the Dakotas.I'm not over perturbed by the Greenland situation, America will get its way by negotiation. Greenland isn't part of the EU anyway, it was the first country to leave, it might prefer to be under the wing of Uncle Sam.
All of the above. You can see Trump is panicked. The mad dash for Greenland, and control over South America and the ongoing feud with the Fed smack of someone that is watching the the sands of time run out. Trump wants the fiat party to never end. He really should be pivoting into real money, like other nations appear to be.A major panic has set in.
Is it the signal the dollar is gone and the Chinese are dumping them into whatever they can?
Or the physical silver scarcity is far more pronounced than heretofore acknowledged?
I actually think Greenland is a massive issue, much more so than Venezuela or Iran. Trump is looking to literally annex Greenland from Denmark - the EU and Nato will have to take sides - with major consequences for all. Denmark will not agree to what Trump is demanding - ie they give Greenland to him. Denmark offered the US more or less unlimited military bases, mining etc - but that doesn't go far enough - Trump wants Greenland as the 51st state of America - nothing short of that will do. Watch this space....I'm not over perturbed by the Greenland situation, America will get its way by negotiation. Greenland isn't part of the EU anyway, it was the first country to leave, it might prefer to be under the wing of Uncle Sam.
trump is not in control --the last man who had control was JFK -- i remember a neocon smirking after his death as a warning as to who really controls america .All of the above. You can see Trump is panicked. The mad dash for Greenland, and control over South America and the ongoing feud with the Fed smack of someone that is watching the the sands of time run out. Trump wants the fiat party to never end. He really should be pivoting into real money, like other nations appear to be.
Of course there is a possibility the whole thing could blow over. No Greenland, no Iran, no squeeze , no disaster with ICE. Then we would see a massive pullback.
Either way, it will be a done deal by the time the markets open in NYC next Monday.
Two trading sessions and a weekend and Asian trading Sunday night.
Just has to be right once.The end of, everything / the world, has been wrongly predicted many many many times ! ! !
I have a friend who managed a mine in Ireland and the private decisions taken by his Canadian parent co shut the mine as they needed to shut production,The mining company stocks are the buy of a lifetime here because they do not reflect 100 dollar silver
Would that be out Limerick/Tipp way? They were sniffing arond the place with rigs a few years back and the word was that plenty of silver and zinc was left.I have a friend who managed a mine in Ireland and the private decisions taken by his Canadian parent co shut the mine as they needed to shut production,
to short the market and make more money for their shareholders.
who were big enough to be told as big shareholders who are kept out of the loop when serious money is to be made have a habit of putting a contract out on you.
he had to leave his family here and come home every 2 weeks from Sweden where he managed a mine there .
they completely fucked up his life and the lives of everyone working in the perfectly good and well managed Irish mine which is NOW reopening .
this was a close up lesson for me that what appears logical to you is not logical to the shareholders.
last night i was taking exercise in a gym and in the sauna i heard the inside track on the Irish dog industry where the product to mask the product which wins races is now discover able and is also killing the greyhounds .
stocks and shares in mines should be treated the same as a share in an Irish greyhound .
Is this for me --i dont understand.You made made simple enough??
Que ?You made made simple enough??
Yes, your post is just a bit rambling. Are you saying people threatened death to the local operator of an irish mineIs this for me --i dont understand.
no DeclanYes, your post is just a bit rambling. Are you saying people threatened death to the local operator of an irish mine