Trump In Israel (2 Videos)

 

 

 

Modest Price Gains For Gold and Silver

The week is starting out with gold and silver spot prices getting firmer.

According to Kitco News:

(Kitco News) - Gold and silver prices are firmer in early U.S. trading Monday, supported by safe-haven bids amid the Israel-Hamas war and the potential for a wider Middle East conflict. December gold was last up $5.60 at $2,004.10. December silver was last up $0.423 at $23.31.

Asian and European stocks were mixed overnight. U.S. stock indexes are pointed to higher openings when the New York day session begins. Risk appetite has upticked just a bit to start the trading week, despite Israel beginning its anticipated ground war against Hamas in Gaza. There is still the potential for this conflict to escalate to include other countries, including the U.S. That's keeping a floor under safe-haven gold and silver.

To read more, go here. 

White House Silent As 9 Americans Confirmed Dead In Israel

 

Israel-Hamas War Cause Precious Metals Rally

Gold and silver spot prices had been in the doldrums in recent weeks, but the war between Israel and Hamas seems to have kick-started them, especially gold as it is seen as the "safe haven" precious metal.

Kitco News reported:

(Kitco News) - Gold prices are solidly higher in early U.S. trading Monday, following the surprise Hamas attack on Israel over the weekend. Safe-haven demand is featured as the world has just seen an unexpected major geopolitical shock that has traders and investors spooked. December gold was las up $18.40 at $1,863.40 and December silver was up $0.047 at $21.77.

Asian and European stocks were mostly lower overnight. U.S. stock indexes are pointed to lower openings when the New York day session begins. The marketplace is unnerved following the weekend Hamas raid on Israel that killed hundreds of civilians and hostages taken. Israel retaliated harshly and declared war on Hamas. This is the largest act of violence seen in Israel in 50 years. Risk aversion is high to start the trading week, as the ramifications of the weekend attack by Hamas are huge, both politically and economically. The U.S. is building up its military presence in the Middle East region.

Currently, the COMEX price for silver is hovering around $21.82/toz. It remains to be seen if the Middle East conflict will send it up over $22.00/toz.

To read more, go here.

Wonder Woman Star Gal Gadot Under Attack For Tweet

Above, Gal Gadot as Wonder Woman.

Wonder Woman star Gal Gadot has come under fire for Tweeting her support for Israel in the current fight with Hamas. Actually, she came out for peace between the two sides.

Hamas has been indiscriminately firing rockets into Israel over the past several days.

From the BBC:

Wonder Woman star Gal Gadot has received a backlash online over her tweet about the escalation of violence in Israel and Gaza.

The Israeli actress and former Miss Israel posted: "Israel deserves to live as a free and safe nation," adding: "Our neighbours deserve the same."

The comments attracted thousands of replies - now switched off - leading to her name trending on Twitter.

In her youth, Gadot completed two years of mandatory military service.

"My heart breaks," the 36-year-old posted online.

"My country is at war. I worry for my family, my friends. I worry for my people. This is a vicious cycle that has been going on for far too long.

"I pray for the victims and their families. I pray for this unimaginable hostility to end, I pray for our leaders to find the solution so we could live side by side in peace. I pray for better days."

While some high-profile people, including US politician Ted Cruz, praised Gadot for her remarks, many others reacted angrily.

She was criticised by supporters of the Palestinian cause, who pointed to her service in the Israeli military.

I, for one, am a supporter of Israel and a fan of Gal Gadot.

To read more, go here.

Gas Pipeline Cyber-Hack, A Russian Operation

Above, gassing up The Beast today. Photo by Armand Vaquer.

A few minutes ago, I returned from taking The Beast (my 2015 Minnie Winnie motorhome) to the Flying J to fill up its fuel tank.

It was a good thing that I did. The price for unleaded regular was $2.999/gallon. Thankfully, my Good Sam membership gets me a five cent per gallon discount, so my price was $2.949/gallon. As I have to take The Beast into Gallup tomorrow for service and will have to go to Albuquerque next week, I figured I'd better get gas now before the price goes into California gas price territory.

Above, my price with my Good Sam discount. Photo by Armand Vaquer.

I learned today that the Colonial gas pipeline cyber-hack was done by the Russians. Specifically, a crime group called "Dark Side". They may or may not be tied to the Russian government. 

Commentator Larry Kudlow said that unless the pipeline is back in operation by Friday, "All bloody hell will break loose!" He sees this as a test of His Fraudulency Joe Biden. Notice that Hamas is suddenly attacking Israel? The timing is too much of a coincidence. They see Biden as weak and are testing him. When President Trump was in office, they didn't dare.

The gasoline shortage mainly affects the east coast, but prices are starting to climb here in New Mexico. 

Get ready for a possible wild ride!