... Spot silver prices were trading almost 12% lower at 8:32 a.m. ET, at around $77.42 per ounce ...
Thursday, February 5, 2026
Wednesday, February 4, 2026
We had a lousy 4-day federal government shutdown and the Feds now need until Feb 11 to report jobs, but private payrolls came out today with a pathetic +22k
Just skipping along the surface of a lake like a stone headed under.
The magats like Steve Bannon are trying as hard as they can to provoke violence to justify invocation of the insurrection act and martial law
I just signed up to become a permanent mail-in voter after seeing this today.
Was the 2024 election stolen, Steve, you moron?
Total disapproval with Trump makes new second term high 56% at Trump-friendly Rasmussen Reports
His total approval was 56% on the first day of polling of the second term, 23 Jan 2025.
His total approval now at 43% revisits that low first hit on several days in early December.
Quite the reversal in just over one year.
Tuesday, February 3, 2026
The biggest number in this story is $293.6 million
Wake me when the New York Post writes a story entitled:
Trump's $75 billion ICE Police State rammed through right-wing Congress at taxpayer expense under phony reconciliation rules
The New York Times on the global economy had me and then it lost me
Because it, like too many commentators, uses an obsolete dollar index in DXY, which measures dollar strength or weakness relative to just SIX currencies: EUR, JPY (!), GBP (!), CAD (!), SEK (!), CHF (!).
The Federal Reserve has developed broader indices weighted to the countries the U.S. trades with the most.
U.S. GDP is $31.1 trillion.
EURO ZONE GDP: $16.5 trillion.
Japan: $4.3 trillion.
Great Britain: $3.6 trillion.
Canada: $2.3 trillion.
Sweden: $0.6 trillion.
Switzerland: $1 trillion.
Global GDP: $117 trillion.
... It’s as if cars, instead of slowing down at a flashing yellow light as expected, started speeding up. ...
The traditional connection between the American economy’s performance and the value of the dollar has also been snapped. Uncertainty tends to increase the dollar’s value compared with other currencies as investors seek a safe haven in risky times. But the dollar has sunk to its lowest level in years. ...
Analysts backed down on their predictions that Mr. Trump’s tariff blitz last spring would cause higher prices ...
Even by DXY standards, the dollar is not weak at 97, well within its long term average range between 95 and 105.
And The New York Times is ignoring that wholesale prices increased at a higher rate in 2025 than in either 2024 or 2023.
Traffic fatalities surged during the COVID-19
pandemic. This research highlights the fact that disadvantaged
communities bore the brunt of the increase and calls for holistic
solutions to promote equitable access to safe transportation.
Yes, the dollar weakened in January 2026, but within a big picture environment of a strong dollar not a weak dollar
The nominal broad U.S. Dollar Index last averaged below 120 in December 2023.
Gold and silver climbed to all time highs in January 2026, defying the standard narrative that precious metals are the haven of choice when the dollar is weak.
 |
| 117.89 on Jan 30th |
 |
| 119.22 average in Jan 2026 |
Average yields on 20s and 30s are higher in January 2026 than when Trump was elected in November 2024, voting Nay Nay on what's going on
 |
| Yield on the 10Y is still lower but is saying Me Too |
Gold and silver rebound but remain well off their highs, about -12% for gold, almost -29% for silver
Gold and silver bugs view it as a buying opportunity.
Gold and silver rebound, pulling global mining stocks and precious metal ETFs higher
... Spot gold was last up about 5.5% to $4,921.29 per ounce. Gold futures in New York gained more than 6%, hovering at around $4,936.60 as of 4:48 a.m. ET.
Spot silver rose over 9% to settle at around $86.70 per ounce. Silver futures in New York were up 12% at $86.49. ...
Gold had hit a record high of $5,594.82 on Thursday January 29th, silver
hit a record high of $121.64 the same day.
Monday, February 2, 2026
American Greatness confidently tells us that the American and French revolutions had nothing whatsover to do with one another when French financial support of the American one lead to theirs
Seen here:
... The two revolutions had nothing whatsoever to do with one another ...
They had more to do with one another than not.
Louis XVI unwisely spent literally billions of dollars he did not have supporting the American revolution. His motivation for support was revenge against Britain. Most of it was piled up as high interest debt which the rich of the French aristocracy and of the Church refused to pay but the peasantry could not. Add famine into the mix after trying to squeeze blood out of that turnip and boom.
Donald Trump is spending $75 billion we don't have to round up illegal aliens in the streets using militarized police, but he refuses to punish the employers who get rich off their labor. He got elected promising to cut food and energy costs but here we are one year later and those things still cost a fortune.
Two Americans have been murdered in the streets by government agents.
You can see where this could go, but American Greatness can't.
American Greatness doesn't think too highly of New York Mayor in 1969 John Lindsay of whom it is ignorant, Thomas Jefferson who somehow got elected president, and Thomas Paine whom George Washington found very useful in 1776
Seen here:
... they insist that “Dissent is the highest form of patriotism,” that “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants,” and that we should all be given liberty or given death. It doesn’t seem to matter much to them that the first of these proclamations is entirely made up; that the second was written by a “gentleman-farmer” who spent the American Revolution on a diplomatic mission in France and then, mindlessly, supported the French Revolution, even after it turned bloody; and that the third was uttered by a simpleton who was never really an American and who actually served in the French Revolutionary government. ...
Subscribe to:
Posts (Atom)