
Inspection Critter
https://www.railpictures.net/photo/912173/
Ghosts lol It needs honest Digital forensics and cyber security.
Would be nice to see some follow through!
Then what will? When it stops being sold off the next day. Miners should be growth stocks not gambling stocks. It’s like hand to mouth, happy today tomorrow it sells off. They’ve been playing this short game all the way down.
“raising rates to defend the dollar”
Some say we are raising rates to save the bond market. And the bond market enables the dollar system. If the bonds are no good then the money won’t be either.
I’m sure that must be a factor. Wealth flees when it sees confiscation coming … and war.
I’d think hard assets would make the most sense. It almost sounded like they were diversifying into other currencies. Course, the chart talks about “reserves” and those reserves will have to be converted into dollars to buy most anything. Regardless, if demand for the dollar is declining, then I’d think the price would too.
Have to wonder if in the not-too-distant future the Fed will be raising rates to defend the dollar rather than slow economic growth.
I believe it has something to do with powerful, wealthy Europeans getting their money out of Europe with the drums of war beating louder and louder. Our economy is not in great shape, but it seems like we’re the lesser of all evils, so to speak. So, the money flows continue on to our shores, and certainly help to prop up our dollar.
“I have a question; if the world is divesting from dollars, why is the dollar strong relative to all the other currencies?”
That’s a good question, doesn’t seem right does it. Money going into gold?
Despite the fact that they sat on NEM and B all day to keep the HUI from exploding. Silver shares were awesome, I don’t think there’s one on my watchlist that was up less than 5%.
Metals did amazing as well considering the dollar finished basically flat, so they’ve bounced nicely off their 50 dma’s
Definitely need to see some follow-thru though, that will make us all happy. 🙂
It’s all about rates I guess, at least it was today anyway.
I have a question; if the world is divesting from dollars, why is the dollar strong relative to all the other currencies?
If you’re not … what does it take? 🙂
Barchart
@Barchart
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16h
U.S. Dollar share of global foreign currency reserves have fallen to its lowest level this century 🤯📉👀💸

Have we seen the intraday chart set up for a waterfall??? Hope I’m wrong today….
WarMonitor🇺🇦🇬🇧
@WarMonitor3
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2h
Pakistan’s defence minister says the Mecca pact (Pakistan–Saudi–Turkey) kicks in if Houthi attacks spill into Saudi Arabia.
More regional instability on the way..
Check out this group of Oil n Gas storage tanker related stocks quietly sneaking up without any news.
is that we’re even up at all considering the dollar is flat.
Surprised by that. Would’ve thought we’d see a pickup, at least in the ETF’s.but it just yet. A little surprised too that they’re able to push prices up this month on below average volumes.
I still like your optimism and hope there’s enough bulls out there that feel the same that can pull them out of their downward path. But in the mean time when it looks like a duck, walks like a duck and talks like a duck it’s probably a duck.
I think most the miners will be doing fine as long as they don’t have energy restraints but it’s perhaps the larger buyers of their stock that pulled out and maybe mostly retail buying and larger companies are shorting
First hit of the day ongoing, sort of a slow bleed. I’m surprised we have moved up this much since the dollar isn’t down a whole lot.
They’re using NEM to keep the HUI in check but tough to find a silver share that’s not up 5% still.
Looking good. Doing my best Mr. Copper impression – I called this yesterday at the close…LOL. 🙂
When silver hit 120 earlier this year, the sentiment stood at 83… Well into the greed category…. As of today, Sentiment sits at 44…. Well into the fear category….. Most of us here have invested as contrarians….. Just as a broke clock is right twice a day…. You only have to be right once when this whole system capitulates…..
+4% 🙂
Let’s turn this ship around!
That’s unusual. They usually have taken half the gains by now.
Silver just crossed $66??!! Are you kidding me?
Wesdome Gold Mines Intersects 3.1 g/t Gold over 106.5 Metres at Shawkey 10, Significantly Expanding the Mineralized System