http://finance.yahoo.com/news/midway-announces-2014-second-quarter-131500654.html
Russia, weak data weigh on nervous Europe
LONDON (Reuters) – European stocks fell on Wednesday while nervous investors took refuge in high-rated bonds as Russia amassed troops on its border with Ukraine, raising concerns among western powers that it could invade.
The euro came under pressure, trading at nine-month low against the dollar amid threats of retaliatory Russian sanctions against the European Union, and signs the crisis in Ukraine was hitting Europe’s biggest economy Germany. [FRX/]
German industrial orders slid in June at their steepest rate since September 2011, and the economy ministry said political tensions had probably led to more caution from customers.
“We are getting closer to a situation where we really have an escalation of the conflict… sanctions being stepped up, and things moving out of control,” said Elwin de Groot, senior market economist at Rabobank.
more http://finance.yahoo.com/news/asia-shares-worn-wall-street-031023300.html
Good morning Oasis
Miranda Agrees to Joint Venture Terms to Develop Its Willow Creek Project, Alaska
http://finance.yahoo.com/news/miranda-agrees-joint-venture-terms-110000760.html
PC Gold Enters Into Agreement to Acquire Mining Claims
http://finance.yahoo.com/news/pc-gold-enters-agreement-acquire-120000129.html
Claude Generates Q2 Net Profit of $3.3 Million
http://finance.yahoo.com/news/claude-generates-q2-net-profit-123000666.html
Shocked
not even getting the usual 10 am EST beatdown. Go figure.
Morning Oasis – you too Maya
Maya glad you liked the video. Hard to make much sense of things anymore, we’ll have to see how things shake out.
Nice to wake up to a little metals rally, especially as the world SM’s are getting spanked.
Madmike
well um, I dont know how to thank you <G>
Screaming fundamentals
Not to overstate the obvious, but I feel that most, if not all, of us on the tent know that the fundamentals for owning physical gold and silver, and sound well-run miners at these levels, is a no brainer. But the more I read of Martin Armstrong’s computer based capital flow cyclical models, the more I tend to understand what he’s saying. As the media and politicians tend to reveal and expose the true deplorable economic conditions in Europe ( really everywhere, but their deplorable conditions are being exposed first), money and capital will flow to the U.S., and has been for some time now. This is definitely giving a boost to the U.S. Dollar and will continue to do so, at least as this strategy is being pursued. It proves to be another headwind for the metals here, only until the U.S’s true conditions are understood and exposed for all to see. I know that my patience has been wearing thin the last 5 years, but at least I feel that I second guess myself less, and feel more comfortable averaging down ( albeit in very small increments) at these levels.