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Or swiss and norwegian central banks

Posted by eeos @ 23:42 on September 7, 2016  

have done what most money managers suggest, placing 5% into PM stocks. It’s probably safe to surmise that if they  have $1B in PM stocks, they probably have $19B propping their general stock markets. laugh

Farmboy @ 22:06

Posted by ipso facto @ 22:14 on September 7, 2016  

I think you have some good suppositions there Farmboy. The Central Banks can’t find physical metals in size to buy and they know the PM ETFs have very little metal, so the only thing left is to buy the PM mining companies. So if we accept all this then tightness in supply would indicate that the rig is nearing it’s end. Fingers crossed my friend!

Have a great evening!

ipso facto @ 18:13 Great Heads Up Article

Posted by Farmboy @ 22:06 on September 7, 2016  

Back in 1997 or so, the man known only as ‘Another’ made some pretty incredible forecasts for future events surrounding gold. One thing he said would be that Central Banks would become major buyers of gold. This was nearly complete lunacy since at the times the CB’s were only net sellers of their gold supplies. That is one prediction tonight that we have seen come true.

And why are the banks buying the paper gold? Is there now already too many dollars chasing the physical ? Is this another sign that we are nearing the end of the price fixing of the PM’s ? One can dream. Gather the ounces while ye may.

eeos @ 19:03 Good Question, And Then I Wonder…

Posted by Farmboy @ 21:49 on September 7, 2016  

if they are just printing up the money why are they not buying the physical itself?  Cant find it? I wonder…??? And since they are still playing the paper game, why not ETF’s ? And are the banks buying for themselves, or buying for some of their large international clients that dont want the tax man in their respective countries getting their hands on the profits ?

 

eeos @ 19:03

Posted by ipso facto @ 19:11 on September 7, 2016  

I don’t follow GG too close but I think they’ve had operational problems, made some bad decisions etc. Looks like the Swiss are buying the biggest issues, the only ones with enough liquidity for the big bucks. We don’t have that problem. 😉

SLW should certainly be near the top.

Ipso…they have money in bad places IMHO

Posted by eeos @ 19:03 on September 7, 2016  

GG for example. What’s wrong with this stock compared to NEM? It looks like it’s sick. SLW should be their top pick too, IMHO

Swiss and Norwegian Central Banks Buying Gold Mining Stocks

Posted by ipso facto @ 18:13 on September 7, 2016  

centralbankgold-swiss

Jumping Ship: Two Central Banks Just Printed Billions In Paper Currency… And Immediately Bought Gold Mining Stocks With It

NGD

Posted by ipso facto @ 18:01 on September 7, 2016  

New Gold is going to be spending a lot more dinero on their tailings construction. Took it in the neck today. Ouch

http://www.newgold.com/investors/NewGoldNews/PressReleaseDetail/2016/New-Gold-Provides-Rainy-River-Project-Development-Update/default.aspx

Buygold @ 15:31

Posted by ipso facto @ 17:51 on September 7, 2016  

Sounds like an idea whose time has come … a great improvement over the criminal scam which now exists. I guess we’ll see if the transparent intentions are realized or it’s all just a bunch of smoke.

Electroconvulsive Therapy

Posted by commish @ 17:25 on September 7, 2016  

goldielocks

Posted by ipso facto @ 17:19 on September 7, 2016  

Yep Spring run off is a good time to find gold in the streams.

Didn’t CA ban dredging in most creeks and rivers? Seems like I read something about that.

Rick Ackerman

Posted by ipso facto @ 17:14 on September 7, 2016  

The futures blew past the 1346.10 target with ease, implying that an ABC pattern of greater magnitude, with a correspondingly higher target, is driving this rally. The one shown projects to 1430.80, about 5.6% above current levels. The futures tripped a theoretical buy signal to this number when they hit the green line today. However, the implied $3100 initial stop-loss is reason to look for other, less risky, ways to get aboard.

cont. http://www.gold-eagle.com/article/gold-bulls-set-sights-1430-target

Ipso

Posted by goldielocks @ 17:00 on September 7, 2016  

A old miner patient told me years ago there’s not much big finds left unless you dig really deep. Never know though. In the spring when the snow melts it can carry gold down the mountains. But at  the same time the bears are coming out of hybernarion ” hungry” and  the water is super cold.

Goldie and SNG

Posted by ipso facto @ 16:53 on September 7, 2016  

Wish it was me that found it! 🙂

Guess we have to find our fortune in the shares.

Sweet day for the good guys.

PS I remember going to Columbia CA when I was a kid. Lots of fun.

Goldie

Posted by silverngold @ 16:35 on September 7, 2016  

True, which brings your question to mind. I think the nugget is real but is the “find” real, or just a promotion using a nugget from the past?? That would be my guess.

SNG

Posted by goldielocks @ 16:24 on September 7, 2016  

What makes that find unusual is most who find nuggets are secretarive about where they find them understandably and go back to the same places to find more. They go though the work of finding it their not going to give it away.

ipso facto @ 15:30….and Goldielocks…Cool find!

Posted by silverngold @ 16:15 on September 7, 2016  

I lived in Jamestown  in the first grade. My (step) Dad was a State Park Ranger assigned to Columbia California a few miles away while awaiting a transfer to Tahoe City Campground which he got during that summer of 1948. Lots of good memories from those years. Thanks for sharing.

Ispo., I mean Buygold.

Posted by goldielocks @ 15:53 on September 7, 2016  

The nugget, that area is known for gold panning. They usually only find very small pieces here and there though. This guy got lucky or a PR for the hotel.

Buygold

Posted by Maddog @ 15:51 on September 7, 2016  

I’d say one hell of a come back in the shares…we had 3 real strong days, so a dip was well needed…but to come back like this will worry the Scum big time.

Under E wave we shud be in a corrective phase……so to see such strength now, says when we go full bull it will be stunning.

Nice comeback in the shares

Posted by Buygold @ 15:31 on September 7, 2016  

This looks interesting:

IEX Set To Revolutionize Gold Trading With Blockchain-Based Exchange

The IEX Group, which shocked market participants on August 19 when it became the first official exchange to offer a mechanism to bypass HFT predatory algos and frontrunning against all odds, including vocal complaints by established players like Nasdaq and Citadel, now seeks to revolutionize the more than $5 trillion-a-year gold market with a new exchange being created by its spinoff TradeWind Markets, Reuters reports.

Striking gold! Prospector finds steak-sized nugget worth $70,000 in a small California town which is now preparing for a gold rush

Posted by ipso facto @ 15:30 on September 7, 2016  

37FFBC2B00000578-0-image-m-36_1473214834534

http://www.dailymail.co.uk/news/article-3777145/Prospector-finds-steak-sized-gold-nugget-worth-70-000-California-town-prepares-gold-rush.html

goldielocks

Posted by ipso facto @ 15:29 on September 7, 2016  

Thank God his days as President are numbered!

Wolfgang Halbig’s Family Threatened, His SandyHookJusticeReport com Pulled

Posted by silverngold @ 15:23 on September 7, 2016  

Ipso and Farmboy

Posted by goldielocks @ 15:12 on September 7, 2016  

Obama thinks we’re there to support everyone else. He only knows how to take people down the socioeconomic ladder not up.

Geeze!! What’s next?? Almost all vaccines are contaminated with (Roundup) Glyphosate!!

Posted by silverngold @ 14:56 on September 7, 2016  

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.