Trump To Announce $180 Million Grants For Mining Industry

The meeting comes as the White House pushes to reduce US dependence on China for critical minerals and processed metals.

https://www.zerohedge.com/political/trump-announce-180-million-grants-mining-industry

Ratios Updated 8/7/26

We are not even close on any of these….as Mel said in Braveheart……”Hold!!!!”

Brownstone

https://brownstone.org/articles/the-most-dramatic-narrative-shift-in-modern-history/

“No one can be sure where this ends up – and no revolution or counterrevolution in history is without cost or complication – but this much is true: public life will never be the same for generations to come. ”

(from early 2025)

MEET THE FAUCIS

Well, this is rather perfect.

Christine Grady, Anthony Fauci’s wife and one of the most powerful bioethicists in the United States for nearly three decades, apparently has a new method for communicating with the American public.

She flips them off.

On Thursday, hours after the Senate Homeland Security and Governmental Affairs Committee voted 8-5 to hold Anthony Fauci in contempt of Congress, Fauci emerged from his $2.4 million Washington home looking decidedly unhappy and wheeled the recycling to the curb.

It had been a rough day.

https://www.malone.news/p/friday-funnies-people-will-die?

JOBS !

Jason Corley
@JasonCorley78
·
1h
Worth separating the headline from the composition. Yeah, the U.S. lost 23,000 payroll jobs in July. But the private sector added 30,000 jobs and reached another all-time employment high. So that leaves the decline from government payrolls, including a 50,000-job drop in local government education, etc.
Quote
Chris
@chriswithans
·
2h
Private sector jobs are at their highest levels ever. +847,000 added since Trump became president. I’ll let you do the math about foreign versus native born employment but the point is, job losses are coming from the public sector—local, state, and federal government. x.com/JeremiahDJohns…

BEE U TEE FULL

Weekly chart of GDX is gorgeous….

Regained the 50 week MA on increased volume….

MACD getting ready to cross over…

Took out resistance level of 78.74 established in March 2025…

If this was in a calendar of TA setups, this would be Miss January….

And for your entertainment purposes…the new silver juggernaut you want to own…AYA.

breakout on higher volume, can’t ask for much more than that.

Stop voting for democrats….. There is a difference.

Kash Patel just posted this — no verbage just the photo

https://x.com/Kash_Patel/status/2085524503925244083

Are You Ready For The “Rogue AI” Psy-Op?

The AIs are breaking free, that’s the story.

Never in the history of human endeavour have companies been so keen to report their products going wrong. It seems a rogue AI is the latest must-have accessory in Silicon Valley.

To be clear though, if and/or when the official solutions to made-up problem #4987 are finally rolled out, they will have nothing at all do with controlling AI, and everything to do with controlling you.

https://www.zerohedge.com/ai/are-you-ready-rogue-ai-psy-op

If This Is Real, We (Europe) Are Cooked…… estimates put the (migrant) number at a hundred thousand….following the ~80K last week

Footage circulating purporting to be from the North African desert shows what looks like an enormous column of sub-Saharan African men moving under escort.

Commentators claim Algerian military vehicles and personnel are shepherding them toward the coast. Europe faces another deliberate pressure wave on top of the chaos already unfolding in Ceuta. They’ll go to London, they’ll go to other cities in Europe. And this mass migration will continue. It’s an invasion. 

Many videos and much commentary……….

https://www.zerohedge.com/geopolitical/if-real-we-are-cooked

Global Food Prices Hit Three-Year High As War, Chokepoint Chaos And El Nino Spark Perfect Storm

The United Nations Food and Agriculture Organization’s FAO Food Price Index, which tracks monthly changes in the international prices of a basket of globally traded food commodities, averaged 131.09 last month, up .6% from the previous month, led by gains in grain, sugar, and vegetable oils.

https://www.zerohedge.com/commodities/global-food-prices-hit-three-year-high-war-chokepoint-chaos-and-el-nino-spark-perfect

Can Sam Altman (OpenAI) Be Trusted Inside Your Home? Meet OpenAI’s New Always-On Smart Speaker

Equipped with microphones, cameras, and environmental sensors… 

Trust remains OpenAI’s biggest problem. Sam Altman’s public feud with Elon Musk, combined with Apple’s allegations that OpenAI stole trade secrets, has only intensified concerns surrounding the company’s leadership and governance.

https://www.zerohedge.com/technology/can-sam-altman-be-trusted-inside-your-home-meet-openais-new-always-smart-speaker

NEM

Since highlighting both NEM and HL in my Monday post, NEM has gone absolutely ape shit and is now at significant resistance.  It’s where I was expecting, just not in 5 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          If you play options or are a short term trader I expect a fairly sized pullback before any meaningful additional upside is likely.  HL has been more of a slow steady 2 steps up one step back, so far so it still has more upside potential next week.

US Housing Market

The largest mortgage lender in the United States, United Wholesale Mortgage, fell to an all-time low after suffering its largest drop in history

https://x.com/Barchart/status/2085575034983088173

GOLDILOCKS JOB REPORT

It’s largely because of -53,000 in Government.

And because of deportations.

Hospitality was also down -40,000, because of End of World Cup.

Healthcare increased as always, but at only half the rate of the prior month: +22,600.

Upshot is that manufacturing (+5,000 after growing +11,000 prior month) and construction (+22,000).

Durable goods manufacturing was +18,000 but non-durable goods (like food and other consumables) was down -13,000.

For someone who wants a dovish Fed, it’s a Goldilocks report.

DEREK

TURKEY, SAUDI ARABIA AND PAKISTAN SIGN MAJOR DEFENCE PACT

the agreement states that an armed attack against any one of the three countries will be considered an attack against all three, establishing a mutual defence commitment.

https://x.com/DeItaone/status/2085675940902846706

https://indianexpress.com/article/world/middle-east-saudi-arabia-turkey-pakistan-trilateral-defence-agreement-jeddah-10822277/

https://www.france24.com/en/middle-east/20260807-saudi-arabia-pakistan-and-turkey-sign-mutual-defence-agreement

B 2 GOLD

HALTED !

Do not pay attention to the man behind the curtain….(wizard of oz)

ironically, a book about the creation of the Fed, and the bi-mettalic system of money the US used to be on (silver and gold)…do you know Dorothy’s slippers were silver in the book?  Not Ruby….

Anyways, US loses jobs, and unemployment falls…truly doublespeak.

First Target Levels

My first target levels should be reached sometime next week.  Since we ALREADY have spectacular gains since my Monday post, if these targets get reached it would be fantastic.  Not a time to chase here. Wait for pullbacks. The rest of 2026 is going to be very profitable for gold and silver investors.  First target levels: Gold – $4480,  Silver – $70.

Who likes geometry?

Silver broke out of it’s box from yesterday…let’s see if it pulls back to the breakout point.

Soon to be producer of silver…SICO.V

Silverco put this out 3 days ago.

Vancouver, British Columbia–(Newsfile Corp. – August 4, 2026) – Silverco Mining Ltd. (TSXV: SICO) (“Silverco” or the “Company”) is pleased to provide an update on restart activities at its 100% owned Cusi Property (“Cusi”) in Chihuahua, Mexico. Overall restart progress is approximately 68% complete and the Company remains on budget and schedule to deliver first concentrate in Q4 2026.

Q4, this year.

It has been bludgeoned to death like all the rest, and is now finding it’s yearly low which is 50% off it’s early 2026 high.  A double from here to just get back to it’s high….I own it and will hold thru the silver back to its 121 high.  It has recently turned up and has regained the 50 sma.

Giddy-up!!!

Elon Musk RIPS the Red Cross

https://x.com/EricLDaugh/status/2085485219931447561

WASHINGTON COMPOST

JUST IN: Hedge funds bought $5 billion in US stocks last week — second “largest” purchase since 2008.

When hedge funds are buying stocks at a record pace at the top of the market, you know an economic miracle is underway.

https://x.com/sethjlevy/status/2085461731707420942

President Trump says he’s going AROUND the Supreme Court ruling on birthright citizenship to stop the birthright scam

This is MASSIVE!

“Our country suffers because of it, and we’re ending it a different way!” ?

“Give us the right to do it in a much more forceful manner, but they’ve taken birthright citizenship and they’ve made a joke out of it. And we’re actually the only country of size, I think just about the only country period that does birthright citizenship.”

“I thought we were going to win it at the Supreme Court, unfortunately we had a bad decision, very unfair decision.”

https://x.com/EricLDaugh/status/2085461320623616233

President Trump on birthright citizenship-tourism exploit after the Supreme Court ruling: “It’s become a big business — and we’re ENDING THAT BUSINESS.”

The executive order makes it official!

https://x.com/EricLDaugh/status/2085461698203328860

………

The Fake News claimed President Trump’s executive order against birthright citizenship tourism is illegal and Stephen Miller IMMEDIATELY began citing the specific US federal statute that gives 47 that power

Stephen Miller is a freaking patriot ?

“Section 215A of the Immigration and Nationality Act gives the President this authority, 215A of the Immigration and Nationality Act. Very rarely used, probably one of the strongest laws in the entire federal code gives him this power.”

“That’s not the only, but it’s the main statutory authority that’s being used in this order.”

“Birth tourism is by definition a fraud on the American system, on the American taxpayer, on the American visa.”

“If you’re coming here, and again, your state of purpose is that you’re a tourist, then by definition you are here to come for a few weeks, look what we have, engage in commerce and leave.”

“So if you’re telling a officer, you’re here as a tourist, but your true purpose and intent is to go to a baby mill, give birth, and try to mint an American citizen while you’re here, then you’re committing a fraud against the American government!”

@StephenM

https://x.com/EricLDaugh/status/2085462275385606555

I should have listened to the QAnon kooks a little more closely

“My friends, this culture of swampy government-by-fiat is the real threat to our democracy. It’s nitwits! The nitwits are killing us. Behold: the ‘October surprise,’ a few months early.

. The Swamp might not be actual lizard people, but they might as well be. They sure aren’t like us.

The storm of disclosure has finally arrived. Batten the hatches and prepare for inclement weather.”

JEFF CHILDERS EXPLAINS THE PROFOUND SIGNIFICANCE OF THE FAUCI I PHONE STORY AND FAR MORE STUNNING…THE “OXFERD COMMA” OPERATION. THIS IS BY FAR THE BIGGEST REVEAL OF THE DEEP SWAMP AND ONLY JEFF CHILDERS SO FAR IS UNPACKING THIS BOMBSHELL

AS EVER J C IS THE MOSRT IMPORTANT ASSET WE HAVE IN THE ALT NEWS SPHERE …AND AS ALWAYS I FULLY SUSPECT HE IS AN INSIDER WHEN IT COMES TO ANALYSIS LIKE THIS

MUST READ MATERIAL

https://www.coffeeandcovid.com/p/articulate-nitwits-thursday-august?

………..

COEUR

I thought we were supposed to buy Coeur… why’d they miss on earnings so much?

Here is the big reveal for today teased by John Solomon last night:

https://x.com/JeffClarkUS/status/2085317953466114418

Researcher Finds Backdoor In Chinese-Made Routers Sold Worldwide

The hidden backdoor could allow attackers to gain unauthorized access to affected routers and other connected devices, cybersecurity company VulnCheck said.

https://www.zerohedge.com/political/researcher-finds-backdoor-chinese-made-routers-sold-worldwide

Hormuz Deal Shock: Iranian State Media Says US-Israeli Vessels Banned, Oil Surges

Very Tehran-favorable conditions emerge in ‘draft deal’…

Summary

  • Iran parliament reviews draft Hormuz plan banning US- and Israel-linked vessels.
  • Oil rises as proposed Strait restrictions raise supply concerns.
  • Houthis intensify attacks on Saudi oil shipping in the Red Sea.
  • Yemen fighting escalates amid reports of major casualties.
  • Iran-Oman talks continue as US backs diplomatic solution, searches for offramp.

https://www.zerohedge.com/geopolitical/yemen-war-reignites-houthis-intensify-saudi-shipping-attacks-ground-assault-amid

The BoJ And The Fed Just Made Gold Obvious

The bond market is indeed everything, and what it is telling you far more honestly than the Fed or BoJ is that your fiat money is consistently losing absolute purchasing power in plain sight…

https://www.zerohedge.com/precious-metals/boj-and-fed-just-made-gold-obvious