Retail investors are piling into gold-mining stocks – The Kobeissi Letter

https://x.com/KobeissiLetter/status/2088238956382990568

Serious consumer delinquencies remain historically elevated in the US – The Kobeissi Letter

US consumers are struggling to keep up with their debt payments.

https://x.com/KobeissiLetter/status/2088392453049237526

New Trump post – Whitehouse Renovations – Treason

https://x.com/RapidResponse47/status/2088450443462496312/photo/1

Trump warns ‘gas prices will remain high.’

https://www.yahoo.com/news/politics/articles/trump-urges-americans-accept-higher-203543611.html

https://www.the-express.com/news/politics/204715/trump-warns-gas-prices-high

https://www.msn.com/en-us/news/world/trump-warns-gas-prices-may-stay-high-or-even-rise-a-little-bit-higher-before-midterms/ar-AA20IrWZ

Pictured: ‘Russian escort’ accused of assassinating Ukrainian defector – The Telegraph

https://www.yahoo.com/news/world/articles/woman-assassinates-ukrainian-submarine-commander-143742712.html

Russia’s President Putin says “we will promptly retaliate if any western country seizes Russian commercial vessels.”

https://www.msn.com/en-gb/news/other/putin-says-russia-will-respond-in-kind-if-eu-nations-seize-russian-vessels/ar-AA29VMD8

Also at Reuters but paywalled

AND

UK warned it ‘doesn’t have the firepower’ to stop Russia seizing ships

https://www.msn.com/en-ca/news/other/uk-warned-it-doesn-t-have-the-firepower-to-stop-russia-seizing-ships/ar-AA2a5OtY?

Meta removes 756,000 Instagram and Facebook accounts from kids under 16 years old following social media ban in Australia.

https://thearabianpost.com/meta-removes-756000-australian-under-16-accounts/

https://thelogicalindian.com/meta-removes-750000-accounts-122305/

https://cybernews.com/news/meta-deletes-over-750k-accounts-under-australias-social-media-ban/

Russia’s Medvedev threatens Japan following protests of President Putin visiting the Kuril Islands.

https://united24media.com/world/medvedev-threatens-japan-with-monstrous-consequences-over-kuril-islands-dispute-21662

https://www.yahoo.com/news/world/articles/japan-protests-putins-kuril-islands-115600872.html

https://www.aljazeera.com/news/2026/8/13/japan-protests-as-russias-putin-visits-disputed-kuril-islands

Russia sends official inquiry to US demanding information regarding involvement in Ukrainian attacks on Russian territory.

https://www.usnews.com/news/world/articles/2026-08-14/russia-seeks-answers-from-us-about-alleged-support-for-ukrainian-attacks-lavrov-says

https://www.devdiscourse.com/article/politics/3963864-russia-accuses-us-of-deep-involvement-in-ukrainian-attacks

United States to force other countries to choose between US and China in global AI race or lose access to US AI cooperation.

https://www.reuters.com/world/china/us-tell-partners-they-must-pick-sides-ai-race-with-china-2026-08-14/

BREAKING — ACTIVIST JUDGE CONCEDES DEFEAT

: Leftist Judge Allison Burroughs just had to RESCIND her order blocking President Trump from terminating Temporary Protected Status (TPS) for Somali migrants

47 now has the green light to terminate Somali TPS! ?

She has CAVED to the Supreme Court, which made clear Trump has absolute right to end TPS.

This is the exact motion she was filed to be IMPEACHED over. She knew she screwed up.

The rogue judge caved! SEND THE SOMALIS BAC

SCOTT BESSENT VS GEORGE SOROS

Will Cain just dropped a NUCLEAR BOMB on Treasury Secretary Scott Bessent…
“You worked for GEORGE SOROS… What do we misunderstand about him?”
Bessent’s response will DESTROY everything you thought you knew:
“I only ran his INVESTMENT side… never the foundation. We barely talked politics.
We haven’t spoken since right after Trump won in 2016.”
Then the KILL SHOT:
“Election night 2016 was one of the THREE BEST money-making periods of my entire life.
I KNEW Trump was going to win.
The market CRASHED.
It was the greatest buying opportunity of all time.
And later I found out…
GEORGE SOROS was the one DUMPING EVERYTHING.
He was CRASHING THE MARKET on purpose.
He lost SEVERAL BILLION DOLLARS that night.”
The man who is now Trump’s Treasury Secretary
watched George Soros BURN BILLIONS betting against America…
And then made a fortune on the other side.
This is WILD.
This is HISTORY.
This is the clip they never wanted you to see.
Watch it. Share it. Let it SINK IN

https://x.com/ConstitustionX/status/2088213888559161712

CANADA – Montreal police take down high-powered surveillance camera after Radio-Canada story

https://www.msn.com/en-ca/news/other/montreal-police-take-down-high-powered-surveillance-camera-after-radio-canada-story/ar-AA2a57ih?

KITCO IMPLEMENTS $5,000 ORDER MINIMUM AS GOLD & SILVER DEMAND SURGES

HO HO HO RMUZ

Here’s what the President means when he says we have control over the Strait of Hormuz. And why the oil flow coming out is bigger than analysts claim

https://x.com/GuntherEagleman/status/2087894593102639216/video/1

Anyone with a brain…

…knew that Joe and his son Biden (the smartest man Joe has ever known, per the Cabbage Patch doll) were so phucking corrupt, and that they were in deep with UKRAINE.  Remember Cabbage Patch braggin about how he told Ukraine they wouldn’t get the billion unless they fired the “uncorruptable” existing state prosecutor…cause he was looking into Burisma holdings….where conveniently his retarded crack smoking son had gotten a board position paying him a million dollars a year…I’m sure the braniac knows about resource mining…if you define resources as cocaine in a hookers butt crack….totally sure there was no other candidates better qualified….omg.

When someone boldly lies to your face and expects you to take it as the gospel, you are either dealing with a retard or a psychopath…..react accordingly.

Good summary of Operation Round River….accusing all republicans of being russian assets and the Bidens and all democrats being angels….

https://www.coffeeandcovid.com/p/down-the-river-friday-august-14-2026?utm_campaign=email-half-post&r=5d177&utm_source=substack&utm_medium=email

Interesting Take On Past Gold Swaps

Robert Lambourne suggests the Treasury may confiscate ETF Gold at some point.  While central banks are much less involved in Silver, if they do set a precedent with Gold, Silver being strategic and scarce, wouldn’t be surprised if it too got confiscated, under the right circumstances?                                      https://goldseek.com/article/robert-lambourne-are-bis-swaps-being-used-hide-double-counting-etf-gold

English Village Will Have Six Migrant Men To Every Woman

A quiet North Yorkshire village of roughly 600 people is set to be flooded with around 1,200 single adult male asylum seekers at the nearby disused RAF Linton-on-Ouse base. Local women would be outnumbered six to one.

The base sits beside a primary school and nursery, has only four buses a day into York, and already faces severe shortages of water, sewage capacity and electricity. Maskell has written to border security and asylum minister Anna Turley and is due to meet Home Office officials this month.

https://www.zerohedge.com/geopolitical/english-village-will-have-six-migrant-men-every-woman

AND

The Great Decline Of Britain

Britain’s streets are rotting in plain sight. Road signs coated in years of grime, pavements choked with weeds, blocked drains, overflowing bins and potholes have become everyday features of life in what was once a first-world country.

https://www.zerohedge.com/geopolitical/great-decline-britain

Gold & Silver – Keys To Next Week

It appears that yesterday’s correction only carried over into the early morning hours.  They both bottomed around 2AM this morning, with Gold reaching around $4310 and Silver $63.50.  I don’t see further downside.  The keys to next week providing increasingly higher prices, will be when Gold takes out $4450, and Silver exceeds $67.                                                                                                                                                                                                                                                                                  I would love to see those targets reached today, but that is probably asking a bit much.  Monday is more likely.

“Hell, no” (MN)

Mike Lindell loses GOP primary for governor by floating in direction of immigrant amnesty

https://x.com/i/trending/2087539472107819057

and, even with Trump’s endorsement

Silver chart 30 min

After breaking the uptrend line from Aug 3rd yesterday, it’s held support level 63.5 and broke the mini down channel it started yesterday.  Let’s see if it can post a higher low than the 63.50 level.

Good trading.

Rafi Farber provides rational insight into the relationship between US Bond Yields, YEN intervention, SPR, Oil Prices and PM’s

A very cogent argument IMO.

The 5th Circuit just tossed out a major lawsuit trying to stop President Trump from using the Alien Enemies Act to deport illegal aliens.

The left’s challenge is dead…..08/13/26

https://x.com/GuntherEagleman/status/2088023258016747641

Everybody knew the ventilator protocols were killing people. If you said it out loud, you got banned, labeled a conspiracy theorist, and erased. (Elon, Hospital protocols, Ventilators, Covid-19)

Now the data is out in the open… and the people who were right are still here because one man refused to let the censors win.

Free speech isn’t a slogan.

It’s the only reason the truth eventually surfaces.

https://x.com/GuntherEagleman/status/2088023985581699416

German police are unwilling to protect citizens from climate activists again.

Climate activists l.et air out of SUV tyres so people cannot drive home or to work, which is incredibly disturbing. They cannot drive off and must call a service, which costs money; people miss appointments or are late to work, with consequences

German police say it is not a criminal act, since releasing air does not essentially fake the car, completely ignoring the damages people incur due to the car not able to move.

https://x.com/MyLordBebo/status/2087458946709704973

“I support those girls who are being raped.”

This Spanish girl is angry and lays it all out on the thousands of migrants in Ceuta:

– The government pretends all is normal, but it’s not even close. It’s an insane situation.
– People with kids have already left
– Women can’t walk alone and are afraid
– Feminists are quiet and do not support the women of Ceuta
– Girls are being raped and harassed

https://x.com/MyLordBebo/status/2087628469890936922

1 minute

Diesel Crack Spread Explodes To Record As Wall Street Warns Of Refined-Products “Perfect Storm”

Wall Street Warns About “Perfect Storm” Diesel Crunch: 

  • Goldman’s Daan Struyven Shows Global Diesel Exports Crashing
  • Citi’s Anthony Yuen Warns: Global Diesel Inventories “Below 5YR Minimum
  • BofA’s Francisco Blanch Warns: “Diesel’s Perfect Summer Storm” Unfolding 
  • Jefferies’ Sam Burwell Warns: Hormuz Shock “Manifesting Itself In Cracks, Not Crude” 

Brent briefly fell below $80 a barrel last week as prospects improved for an Iran-Oman deal to reopen the maritime chokepoint, before rebounding toward $90 as negotiations stalled this week.

By lunchtime Thursday, the front-month US diesel crack spread (HOCL1 on the Terminal) had exceeded the $97 level reached in mid-March, when the US-Iran conflict was just three weeks old, and was closing in on $100. That signals extreme tightness in diesel.

https://www.zerohedge.com/energy/hormuz-shock-manifesting-itself-cracks-not-crude-jefferies-says

Test

Current Take

My current take is, that after the brilliant run that started onMonday Aug. 3, today’s correction was overdue and healthy.  I believe it will carry over into tomorrow.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                The two leaders I discussed in that post, NEM and HL have done well.  Newmont particularly so, HL not as much, yet.  If we get a big decline tomorrow, use it to add to positions.  Not only was Aug. 3rd, “IT”, there is a lot more to come, after this brief correction plays out.

Yup, and yup again

OK SO:

James Comey is still free.

Tim Walz is still free.

Fauci is still free.

Letitia James – still free.

Adam Schiff – still free.

Nancy Pelosi still free.

J6 “Committee” still free.

Ashley Babbit’s killer still free.

FBI J6 infiltrators still free.

Clintons still free.

Obama still free.

Epstein pedophiles – still free.

Autopen administration – still free.

And Ilhan Omar is not only still free – we can’t even deport her traitorous ass either.

And on and on and on and on…

So I guess my question is: Where did we ever get the idea that “no one is above the law”?

The importance of picking a good solid PM company and sticking with it

I picked up 100,000 shares of SLW.TO for an ACB of 1.25CAD around 2004-5
Rode it to July 2010, cashed out at roughly 16CAD.
Yes, it was a 12.8 bagger as they say.
Thought I did well in 6 years.

Sadly I watched it rise to 49CAD at it’s high in 2011.
That would have been a 39 bagger.
In hindsight, lightening the load as it was rising would have been a better strategy as no one will sell it the very top and no one knows what the price will be.

That same stock has been rebranded as WPM.TO which is now 183CAD. Would have been a 146 bagger over 22 years!

I did buy back a few years ago and hope not to repeat the same mistake. It’s a 4 bagger so far for me but I no longer have as many shares.

Lightening up on the way up to lock in profit but let the rest run until it doesn’t.

Nomura Starts Singapore Physical Gold Trading for Rich Clients

“Gold has re-emerged as a cornerstone of wealth management”

Nomura Holdings Inc.’s international wealth management unit is establishing a physical gold trading and custody service that’s domiciled in Singapore for its rich clients, a move that’ll bolster the city-state’s bullion hub ambitions.

https://x.com/chigrl/status/2087447118424207747

 

From the comment section: Owning #Gold & miners today, is like standing in a dried up desert wash while watching a thunderous storm dump torrential rains on the mountains around and above you … YOU KNOW that very soon gravity is going to deliver a major “liquidity” event right to where you’re standing! There is NO RUSH .. like a #GOLDRUSH