Remembering the 'Hammer' and the"Silver Mafia"

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning.Gold revaluation is a process not an eventToday:* Premium Analysis: Remembering the"Silver Mafia"* News: Sell Season Sucks So FarPremium Analysis: The "Silver Mafia"News: Sell Season Starts With WhimperContinues at bottomEquity Recap:US equities sold off sharply on Friday after a weak August jobs report. Large caps and small caps retreated: S&P 500 (-1.73%) vs. Russell 2000 (-1.91%). MSCI Emerging Markets (EEM) and MSCI EAFE (EFA) fell 1.83% and 1.88% respectively.Market News: "Google is heading for the next showdown in a concerted international antitrust campaign to break the tech giant’s decades-long dominance of the digital advertising market: FT"Elon Musk’s AI startup xAI has discussed a deal where it would get some Tesla revenue in exchange for providing the carmaker access to its technology and resources.WSJ"Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 indexCNBC"Nonfarm payrolls expanded by 142,000 during August, up from 89,000 in July and below the 161,000 consensus forecast: CNBC"Boeing agreed to increase wages by 25% for its largest union in a four-year pact aimed at preventing a crippling strike, days before a potential walkout that would further strain the embattled manufacturer WSJ"European banks are on course to record zero growth in mortgage lending for the first time in a decade this year because of high interest ratesFTPolitics/Geopolitics:* UK MI6 spy agency head Moore said he suspects that Iran will try to get revenge for the death of Hamas leader Haniyeh, while Moore also commented that it is too early to say how long Ukraine can hang on in Kursk.* Iran officially denied reports that it supplied Russia with ballistic missiles to aid its war in Ukraine, although an Iranian MP admitted to a deal of sending ballistic missiles to Russian forces * Russian military is to join Chinese drills in sea and airspace in Sea of Japan and Sea of Okhotsk in September, according to Xinhua.* Russian forces took control of Novohrodivka in eastern Ukraine, according to RIA.* Italian PM Meloni said what must not happen is to think that the Ukrainian conflict can be resolved by abandoning Ukraine to its fate * CIA Director Burns said there was a genuine risk of the potential use of tactical nuclear weapons in the fall of 2022, * North Korean Leader Kim Jong Un emphasised the importance of strengthening naval power,Some headlines via NewSquawk or DataTrekData on Deck: NFIB, CPI, PPI* MONDAY, SEPT. 9 Wholesale inventories * TUESDAY, SEPT 10 NFIB optimism index* WEDNESDAY, SEPT. 11 CPI year over year * THURSDAY, SEPT 12 PPI year over year * FRIDAY, SEPT 13 Consumer sentiment.Final Market Check…Premium: ***DO NOT SHARE THIS***