Loading ...As the deadline for the expiration of the section of the Patriot Act that is used the justify the NSA’s bulk data collection nears, GOP Presidential candidate Sen. Rand Paul has announced that he plans to filibuster in protest of its renewal.
ISIS and the beheading terrorists were introduced to us on an episode of South Park (October 2007). They even have the black flag!
Whatever
Klondex Reports 2015 Q1 Net Income of $10.1 Million or $0.08 per Share
http://finance.yahoo.com/news/klondex-reports-2015-q1-net-213605473.html
“Always go to other people’s funerals, otherwise they won’t come to yours.”
Yogi Berra
“If you don’t know where you are going,
you’ll end up someplace else.”
Yogi Berra
“You can observe a lot just by watching.”
Yogi Berra
“It ain’t over ’til it’s over.”
Yogi Berra
“When you come to a fork in the road take it”
Yogi Berra
“The future ain’t what it used to be.”
Yogi Berra
“Cut my pie into four pieces, I don’t think I could eat eight.”
Yogi Berra
“In theory, there is no difference between theory and practice. But in practice, there is.”
Yogi Berra
They are in complete control of the markets, but when these financial drugs die off that they have the patient zooked out on….KABOOOOM! The end will come quickly, but we won’t know because they’d like to play shite out till the very last minute. This is a game to them.
Tks to the Scum……now watch them ram the SM thru the roof….
at least thats what we called it back in the 50’s….even every teenager knew what that meant…
and the bank bookeeper that let it go by got fired ! If she didn’t bounce the check it was all over for her…
Will Le Guard bounce the CHECKS ? If not she should go ! If the IMF dosent bounce the checks the Banks at RISK !
I can hardly wait to see how this take under plays out. Maybe Lundin will sell it out to Kindog for $2 billion, just like that Redback white elephant Tasiast. The rich find a way for the 10 baggers while schmucks like me have to settle for crumbs.
Yes Ororeef, the Teflon Don of the mining industry. P.S., Goldcorp spun out SLW but they used a defunct Vancouver listing to start with. Much like the shell Newmarket Gold (NGN) is being used by the heavyweights taking under the Crock.
OceanaGold Corp gains a foothold in Nevada 12th May 2015 By: Henry Lazenby EMAIL THIS ARTICLE © Reuse this TORONTO (miningweekly.com) – Triple-listed miner OceanaGold has agreed to acquire a 14.9% stake in explorer Gold Standard Ventures, that would give OceanaGold exposure to the Railroad-Pinion project, in north-central Nevada. OceanaGold would subscribe for nearly 25-million Gold Standard shares on a private placement basis, at a price of C$0.65 apiece.
http://www.miningweekly.com/article/oceanagold-corp-gains-a-foothold-in-nevada-2015-05-12
It’s magic! The wizard behind the curtain is alive and well. 🙂
Sounds like the Rambus subscribers are a little restless. Sharpening the knives and pitchforks! 
In fairness what a pain to try and chart manipulated commodities. Is there any point to it? I guess when we go into a real trending market his calls should improve.
Good going MM. Nothing wrong with an 80% profit! 🙂
Re: Bond yields flying.
It’s hard to pay someone for that cheeseburger Tuesday if it costs so much more.
Feds just can’t let rates go or it’s BK USA!
Vintage Santa Fe crossing the plains,
Dallas to Chicago. “The Chicagoan”
http://www.railpictures.net/viewphoto.php?id=530227
Turquoise Hill Announces Financial Results and Review of Operations for the First Quarter of 2015
http://finance.yahoo.com/news/turquoise-hill-announces-financial-results-210758810.html
Golden Queen reports financial results for the first quarter of 2015
http://finance.yahoo.com/news/golden-queen-reports-financial-results-211300404.html
Pan American Silver to Proceed with Dolores Pulp Agglomeration and Underground Expansion Project
http://finance.yahoo.com/news/pan-american-silver-proceed-dolores-013000191.html
Pan American Silver announces 2015 first quarter results and declares the second dividend of the year
http://finance.yahoo.com/news/pan-american-silver-announces-2015-014500144.html
Endeavour Silver Releases Positive Preliminary Economic Assessment for the Terronera Project, Jalisco State, Mexico
http://finance.yahoo.com/news/endeavour-silver-releases-positive-preliminary-050000495.html
Candente Gold to Delist From TSX With Plans to Move Listing to Another Qualified Canadian Stock Exchange
http://finance.yahoo.com/news/candente-gold-delist-tsx-plans-080000061.html
Avino Reports Q1 2015 Financial Results: Earnings of $376,287 ($0.01 Per Share) and Cash Flow from Operations of $1.1 million ($0.03 Per Share)
http://finance.yahoo.com/news/avino-reports-q1-2015-financial-120000217.html
First Mining to Acquire Coastal Gold Corp.
http://finance.yahoo.com/news/first-mining-acquire-coastal-gold-123000892.html
from 2.274 % ystdy …a 38 % move dn !!!!!!!!
That’s like the Dow falling to @ 11000.00 from here !!!!!!!!!
Ps Don’t get downwind of CNBS !!!!!
http://stockcharts.com/freecharts/pnf.php?c=%24TnX,PRTADANRBO[PA][D][F1!3!!!2!20]
and that folks is just some of the “great” news that will no doubt justify yet more PM selling….which at the moment is holding AU to the 1 % rule/limit.
The second self-feeding dynamic is something we’ve discussed at length before, most notably in 2013 when volatility-induced selling — reminiscent of the 2003 JGB experience — hit the Japanese bond market again, prompting us to ask the following rhetorical question:
What happens to JGB holdings as the benchmark Japanese government bond continues trading with the volatility of a 1999 pennystock, and as more and more VaR stops are hit, forcing even more holders to dump the paper out of purely technical considerations?
The answer was this: A 100bp interest rate shock in the JGB yield curve, would cause a loss of ¥10tr for Japan’s banks.
What we described is known as a VaR shock and simply refers to what happens when a spike in volatility forces hedge funds, dealers, banks, and anyone who marks to market to quickly unwind positions as their value-at-risk exceeds pre-specified limits.
Predictably, VaR shocks offer yet another example of QE’s unintended consequences. As central bank asset purchases depress volatility, VaR sensitive investors can take larger positions — that is, when it’s volatility times position size you’re concerned about, falling volatility means you can increase the size of your position. Of course the same central bank asset purchases that suppress volatility sow the seeds for sudden spikes by sucking liquidity from the market.
With S&P futures down near 20 full points…..the Scum will have to get busy fast…..where is the miracle buyer??????
