I am going to wait on today’s conference call to further comment on Iamgold’s last quarter. In the meantime, cash costs were down to $846 from $886, but this reflects the ramping up of Westwood, which will eventually improve this figure further. In March, the company repurchased $5.4 million (par value) of it’s debt at a discount.
Open interest on the Crimex dropped 7,551 suggesting some short covering yesterday.
Lorraine Day, M.D, an orthopedic trauma surgeon with 25 years experience and former chief of orthopedic surgery at San Francisco General Hospital, the only trauma hospital in San Francisco, says, “No one died in the Boston Marathon bombing — nor was anyone even hurt.” She is offering her analysis of the faked injuries from the Boston bombing, which coincide with my own observations of this false flag and hoax.
There is a True Gold report from Haywood suggesting construction is about to restart. First pour is now the 1st quarter of 2016 and is still on budget.
The CoT managed-money short level is elevated at 64,369. About 9,000 has been added to open interest since, which suggests the slinger shorts may be over 70,000.
One of the wonders of YouTube is that the politically correct or the malintention agenda of the mainstream media can be circumvented. A case in point is black mobbing and the Knock Out Game. At worse, it is being called a myth or white hysteria by certain suspect media. At best, it is being misreported.
But there are no two ways around it, these assaults are cowardly black thug hate assaults against other races. The primary and frequently self-confessed motive is that it is a game or for fun. Rifling through the Knock Out victim’s pockets or purse is an after thought. There have been fatalities.
The mindless Potemkin Village algo assault on PoG at the Crimex was accompanied by an open-interest increase of 12,059 contracts. That should represent close to the amount of fresh managed-money naked shorts. My SWAG is that slinger once again is at record short exposure.
Meanwhile, Atlanta Fed has its second-quarter GDP tracking underway. The initial forecast for real GDP growth (seasonally adjusted annual rate) was 0.9 percent on April 30. That’s 2.5% lower than the Blue Chip consensus.
While watching Baltimore Mayor Rawlings-Blake on international news channels making statements about the protests of police violence and riots in her city, I couldn’t help but notice a certain weirdness — a sort of agit-prop persona — about her.
After putting up posts about it, I’ve come to discover that she is a key player and stooge in Obama’s Task Force on 21st Century Policing. The primary goal of this task force is nationalizing and a take over of local police departments. The Department of Homeland Security (DHS) is financing the takeover through grants for local-level anti-terrorism programs.
The following clip shows the courageous Wolfgang Halbig at the office of Gov. Malloy in the crime-syndicate cesspool of Hartford, Conn. Wolfgang asks the governor about who spoke to him “that something like this would play out in this state.” The Malloy clip, when he spoke on national TV, after Sandy Hook, is shown on the clip. In the exchange with Halbig he denies he said anything about being forewarned. Just another idiot? You decide.
The depth of the commodity crash is beyond anything that makes any sense. Sure, some of this can be explained by phony dollar strength. And, yes, commodities have regular, defined cycles of booms and busts caused by overproduction and scarcity. But this is a fluke, an outlier, as many commodities are not in oversupply and some sell below cost of production.
There is little in the pipeline, little new development and lots of depletion. In agriculture, we have a world faced with unprecedented drought. Yes, the China boom is over. But that’s not news anymore. One would think there was little demand there at all. And then there is the prospect of war, which the crazies are clamoring for. That kind of chaos will turn commodities higher on a dime.
“The propagandist’s purpose is to make one set of people forget that certain other sets of people are human.” — Aldous Huxley
Baltimore Mayor Stephanie Rawlings-Blake commenting on her city’s protests, riots and looting following the funeral of Freddie Gray, stated Tuesday as her policy the stupid, unprincipled concept of giving “those who wished to destroy, space to do that” [at 0:25]. Thugs are enabled by policy to loot and burn the city? I am sorry but after considerable study of such events, false flags, etc., I am now extremely unforgiving of constant “slips of the tongue.”