Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...I should think that with gold shares climbing rapidly now, those mining cos who have been looking at properties with an eye to acquisition will be prodded into going forward. Maybe the Chinese will get their nose in.
GL with your new and different life!
Watch: John Kerry Brings Hugs, James Taylor to Repair Relations with France
Gu’day mate…wellcome to the Tent.
No major media will talk Gold…it is forbidden.
NWT gas pipeline route alternatives, one of which potential route would have passed near Lac de Gras where the Ekati mine was developed. But I never got to meet the famous prospector. More recently, when we return to campus at UBC we see the Charles E. Fipke Centre for Innovative Research which he gifted as a thank you for his geology training at that school. Havent read the book you suggested, but will check it out. Cheers.
Hi,
Looks like the gold has finally made this anticipated move upwards (might not have to live in a tent after all 🙂
Today gold in $AU 1526 but gold shares less than half when gold was at $Au1400 approx.,go and figure, but then Australian public I think are just gamblers not investors, make enough for milk and bread for the week and sell.
Being a small country with a population of 23 mil it appears that there is little institutional support or interest in the old relic, but that may change. Still haven’t heard taxi drivers talk about gold investment, that means we have a long way to go.
National public TV rarely mentions gold stocks which have made a significant move, should be included in the movers, especially when they make a 10% move in a day, and are not penny stocks , but no such luck !
Brought up the issue with national public TV, will see what happens, also the fact that they always quote gold in $US which does not look as appealing as gold in $AU, which is what the Australian companies sell it at , plus production costs even lower at current oil prices.
I’m just surprised that Chinese investors have not shown as much interest in undervalued gold miners as they have in property market, which is one of the highest overvalued in the western world ( I suppose Australia is included in western world, somehow).
My personal luck started on Christmas Eve when I served my estranged , divorce papers ( not sure about MY), and now gold up, gold stocks up , just how long for.
Cheers all
GT
NEM and GFI under the cosh still….the’re out there and it’s a long weekend, they’ll be desperate to paint a good picture, that’s why it’s all hands etc…..gonna be one hell of a fight.
Anyone who shorts Silver under current circumstances is insane and that is not a joke. There is not another mkt on earth as vicious as Silver, it takes no prisoners ever. It can make ystdy’s SFr action look like a pensioners tea party.
I saw it go from something like 8 dollars to 14 and back in ONE day……fills took days to come back, people were stopped out before they had their initial order back……!!!!!!!!!
Cheers
Isn’t that interesting! Silver did nothing yesterday … but now …
? short covering before American Long Weekend??
See Y’all at happy hour
Just peeking under the Tent Flaps ….. and I like what I see
Later
Winedoc
Silver looks awful strong. Some guys are being taken out on stretchers today. Up 5.5% is unheard of.
the June bond has different delivery specifications. They excluded some bonds that were formerly approved for the basket.
rno
Goldman Admits It, Too, Was Short The Swiss Franc
http://www.zerohedge.com/news/2015-01-16/goldman-admits-it-too-was-short-swiss-franc
Just imagine how pissed off Lloyd is, being the Worlds worst insider trader, no-one tpped ’em off……you gotta laugh ….
PS the next shoe to drop will be NO QE from the ECB and the whole world is long that trade.
and most will have gone home, after ystdy’s shellacking….so now is the time for the next Scum attack and here it comes……that magic SM levitation out of nowhere.
He sent his samples to Norm Manufacturing to avoid DeBeers prying eyes.
Pick up a copy of Fire Into Ice, a fascinating read on a living (in Kelowna) legend.
After December’s Rouble rout I thought it would be some time before we experienced such a surprising and sharp move in the foreign exchange markets. Yet yesterday the Swiss National Bank (SNB) unleashed the largest shock markets have seen in some time—a “tsunami” as the Swatch CEO Nick Hayek put it. The Swiss Franc (CHF) appreciated by 39% after the SNB removed its exchange rate floor of 1.20 on the EURCHF. At the end of trading it was still 16% up and is now jostling around parity.
People are still picking through the rubble of yesterday’s events and stories are now surfacing of numerous FX brokers/dealers having their capital wiped out. I suspect this will continue for some time to come. But I wanted to focus on the motivations behind the decision. It is rare that a large central bank unveils a complete surprise – not just in the sense that it had not communicated the move but that there was no significant market pressure or indicators for a move.
TORONTO (miningweekly.com) – Alamos Gold on Thursday confirmed to Mining Weekly Online that an injunction was being placed on the previously approved environmental-impact assessment (EIA) for its Agi Dagi gold project, in Turkey.
The development would impede project momentum until Alamos had assessed the “cumulative impacts” of the project in conjunction with other potential mining projects in the region.
Alamos spokesperson Scott Parsons confirmed that an injunction had been placed on the approval of the project’s EIA, relating to the lack of a cumulative impact assessment (CIA).
Toronto-based Alamos in August last year received the final environmental approval for the project from the Turkish Environment and Urbanisation Ministry responsible for reviewing the EIA, but similar to its Kirazli project, the Canakkale Administrative Court issued an injunction order to the Ministry regarding its approval of the Agi Dagi EIA.
Alamos had already started a cumulative impact assessment for Agi Dagi, which was nearly complete.
Armstrong:
“So to those who are in awe that the forecasts on this blog have been so correct on so many markets consistently, please keep in mind – I am not super-human.”
LOL get over yourself Marty! 🙂
Gold – Dollar – Euro
Posted on January 16, 2015 by Martin Armstrong
We are in a very fluid period, which can be confusing, yet it is important to comprehend that NOTHING but NOTHING is ever PERMANENT. On the one hand, gold will eventually decline for its final low on the benchmarks. The only thing that will call that into question is a Monthly Closing ABOVE 1350. Yet, gold is rising WITH the dollar.
This paradox centers around a simple game – who has the confidence now. Since the confidence is fleeing Euroland, then capital and confidence will move into dollar and Swiss franc. This means that gold will rise WITH the dollar and franc as a HEDGE against the Euro.
However, we will eventually reach that point more-likely-than-not on the benchmarks where the shift in confidence will take place and gold will then rise AGAINST the dollar. After the confidence has crashed against the everyone else, then it will turn against the USA. This is when we will thereafter see the next solution as a one-world reserve currency.
This is a CONFIDENCE game. This is why I named the ECM the Economic Confidence Model. Relationship fluctuate back and forth. Even looking at the Silver/Gold Ratio illustrates my point. There is nothing PERMANENT – we are always in a state of constant flux. The vast majority of “analysts” are always wrong because they are trying to apply a standard unchanging theory (linear) to a dynamic world (non-linear). They will be correct only like a broken clock twice a day for a brief second.This is the entire purpose of Socrates – to monitor an extremely complex dynamic world that is not Artificial Intelligence, but something that is BEYOND human capability. Converting this system to be accessible via the Web has been a huge challenge. This is my personal goal and the purpose to go public is to protect it from falling into the hands of just one entity. When we launch, hopefully people will see this is not just decades ahead of anything out there, it is demonstrating the world is dynamic and we do really all need each other.
Neil Armstrong
I believe this is the only way society hopefully can advance taking that one small step for man one giant leap for mankind, to quote another Armstrong. I have stated countless times this is not my theory, it has been my discovery. Socrates has revealed the world to me – it will soon be time to reveal it to the world.
So to those who are in awe that the forecasts on this blog have been so correct on so many markets consistently, please keep in mind – I am not super-human. This is the accomplishment not of my opinion, but my dream. There is a new way if we can get past the human bias and prejudice.
In 2015 outlook, Goldman growls about gold
Some weak arguments underpin investment banks gold short thesis.
Need all hands to push SM up and AU down……this is a major alert……
Our Ist attack already failed……..
but it starts to make sense out of the madness. The US Dollar is north of 93 this morning
D’oh! 🙂
Interesting timing!
Endeavour Mining delivers 466,000 oz in 2014 to exceed guidance and generates positive cash in Q4
http://finance.yahoo.com/news/endeavour-mining-delivers-466-000-220000181.html
Cash-strapped Mongolia offers more land for mining projects
http://finance.yahoo.com/news/cash-strapped-mongolia-offers-more-061230686.html
Midway Provides Construction Update for Pan Gold Project, Nevada
http://finance.yahoo.com/news/midway-provides-construction-pan-gold-133000796.html