When I looked earlier this morning, that one lone silver coin of ours was up to $17.31 an ounce as the major break-out in silver seems to be solidly underway. Went almost vertical this morning up 71-cents…
I’ve been looking for the past several days for the cause of this (platinum is also rising) and seems to be a two-fold process.
On the silver side, an article over here note that there will be very large silver demand for solar panels and this should drive silver higher. The other factor is the platinum outlook has firmed because in addition to the jewelry and other applications, it is a key industrial catalyst. With industrial production failing to fail, as it were, we have the specter of more demand that supply down the road, so up, up, and away.
Speaking of Growth
Philly Fed outlook is just out: and says in part…
‘Firms responding to the Manufacturing Business Outlook Survey reported no improvement in business conditions this month. The indicator for general activity, which rose sharply in March, fell to a slightly negative reading in April. Other broad indicators suggested a similar relapse in growth that was reported last month. The indicators for both employment and work hours also fell notably. Despite weakness in current conditions, the survey’s indicators of future activity showed continued improvement, suggesting that the fallback is considered temporary.
The report also noted that “The diffusion index for current activity decreased from 12.4 in March to -1.6 this month.”
With this, I have to note that the stories are starting to pop up about how the market is closing in on all-time highs. Barring the “out of left field” we should make my May forecast of new all-time highs. Which I made on Coast-to-Coast AM with George Noory back in early January. Said the market should bottom in February and be at all-time highs next month.
I ask you: Where else can you get the news four months in advance?
This’ll Get You 20
Treasury is planning to put Harriet Tubman on the US $20 bill.
Harriet Tubman (born Araminta Ross; c.?1822 – March 10, 1913) was an African-American abolitionist, humanitarian, and a Union spy during the American Civil War. Born into slavery, Tubman escaped and subsequently made some thirteen missions to rescue approximately seventy enslaved families and friends, using the network of antislavery activists and safe houses known as the Underground Railroad. She later helped abolitionist John Brown recruit men for his raid on Harpers Ferry, and in the post-war era was an active participant in the struggle for women’s suffrage.
Good news and bad here. Yes, fine recognition and all….
Previously, though, wasn’t it only Treasury Officials and Presidents were on our money? Now in the name of political correctness, we seem to be opening it up. Near as I can figure it will only be a matter of time until we get sports figures on our money. I mean monetizing money makes sense in a weird only-in-America way.
Two facts out of a NY Times discussion here: When Tubman died back when it rated only two paragraphs in the NY Times. And there are 8.5 billion $20-bills in circulation.
Just another Obama administration move to encourage activism, I suppose. I would have suggested that George Washington Carver was more deserving, but again, that’s why I don’t hold high office. And no one asked.
Maybe – in just the right conspiratorial light – one can see the changes to hard money as being yet another bit of grease on the slippery slope to all electronic money which may be mandated even before the Tubman Twenty is out in 2020. But we shall see.
I have to assume Carver didn’t make it because that would be an endorsement of hard work, education, great science, and perseverance. All of which seem no longer to be American values.
No sir, working together on task is not what we do anymore here in the Divided States of America. Instead, let’s organize…mobilize…and be manipulated into the One World plan.
Equality at Work? Bad Medicine?
Life expectancy for white women falls slightly in US. Obamacare, maybe?
Look Out Janet!
The Donald is Coming: Trump: I’d Likely Seek Replacement for Yellen at Federal Reserve.
This could be a biggie: Justices Consider Whether Police May Force A Breath Test Without A Warrant.
The issue here is all about search and seizure. And since the government has gone on a spending rampage to build the new national DNA database, it could limit whether you can be compelled to give any other internal-to-your body information without a warrant.
Would Paul Ryan Please Be Quiet?
Still trying to run without running, by the sound of this CNN bit.
But it takes only one click from that story to confirm what I told you before: The turncoat republicans (including Mitch McConnell) are not backing the 9/11 lawsuit bill. This is the “protect the Saudis” which everyone knows is where all the 9/11 hijackers came from.
Again, this is the Obama wing of the GOP at work. The same lefty-righties who failed to stop the bad trade bill, didn’t even bark on the budget, haven’t repealed or fixed Obamacare…and oh, the list is a long one.
Apparently Ryan didn’t get the memo about how the realists in the GOP are warming to Trump because of his big win in New York. All of which means McConnell and Ryan are likely to forced, at some point in the future to flip into the democratic ranks more officially than their current voting records suggest when the rest of the GOP figures out how much crap the average American is sick of. You wait…
China has a Commander in Chief
With the elevation of president Xi Jinping to head of the country’s military.
So while Chine restructures its military, ours is being axed across the top and the Chinese are building islands and the Russians are buzzing in the Baltic.
So tell me again about how the “protect and defend” part of the Oath works?
The Pseudo Border and the Half Mile Tunnel
Outside San Diego…2,600 feet long. One ton of blow and 6-tons of weed. But elsewhere, the catch and release game continues.
Another Question About Science
The story over here about how Monkeys Crossed From South America To North America 21 Million Years Ago; Fossils Found In Panama Canal has me wondering just a wee bit.
Are we to believe that a mating pair of monkeys made it across 100 miles of ocean? Bit of a stretch to the logical mind.
I mean unless they were out jet skiing, of course.
\Comparative Science Request
Which gets us to noticing the article about Liver Damage Apparent In Mice From Space.
We have to wonder which gets more liver damage: Mice in space or the rats in Washington?