Loading ...Greece resorts to Check Kiting
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 !
Yes ipso, 9:37, you’re right, beggars can’t be choosers.
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
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
Floridagold @ 9:08
It’s magic! The wizard behind the curtain is alive and well. 🙂
Maya @ 2:40
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.
macroman3 @ 23:09
Good going MM. Nothing wrong with an 80% profit! 🙂
Maddog @ 14:59
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!
Gold Train
Vintage Santa Fe crossing the plains,
Dallas to Chicago. “The Chicagoan”
http://www.railpictures.net/viewphoto.php?id=530227
Good morning Oasis
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
P&F charts predict US 10 yr at 3.15 %
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.
World wide Bond panic has started
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??????
ipso facto @ 10:58
Rambus … The Gold Target
I alway enjoy the comments… sometimes more than the articles. Like this:
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Gotham Knight
Rambus let himself, and those who took his trades as gospel, get chewed to bits during gold’s chop(consolidation). Great chart work Rambus.
kayderross
Love it. this is exactly what you read at major market bottoms. I’ll take Egon von Geyerz, Stephen Leeb, Ron Rosen, Charles Nenner over this clown any day. Not because they see things dead opposite, but because they have a track record far superior than Mr. Rambus.
=================================================
Yup… great Guru that fully hitched his horse to. You can fool some of the people, some of the time. Collecting Phyzz is the only sane game left… until the collapse. Ain’t no chart gonna save yer a$$ when there’s a money-wizard behind the wall painting that chart for you!
macroman3 — Ian Telfer ?
Goldcorp-Wheaton River Minerals
BG, 19:35, that cat on top… looks like my cat
The dudes with the religious caps…look alien
ipso, that Crocodile take under today was genious.
Now I bought almost a full yard at .21 Cando hoping to see two buck chuck in the spring. The sharks, Oliphant, Threkeld et al, are picking off the Crock at about a 80 % discount. My ten bagger has turned into a 80%…which in today’s gold world is a win. Can I get a hoohah from BG.
Reminds me how the Silver Wheaton boys used a defunct Vancouver listing to launch SLW. Maybe Mac the Miner can help me with Ian’s last name…
Better line up your kids for their free vaccines!!
BREAKING: 75% of children who received vaccines in Mexican town now dead or h…
Depopulation test run? 75% of children who received vaccines in Mexican town now dead or hospitalized
Monday, May 11, 2015by Mike Adams, the Health Ranger
Tags: vaccine injury, depopulation agenda, deadly side effects
“…14 children are in serious condition, 22 are stable and one is in critical condition,” the Chiapas Health Secretariat said in a statement via Latino.FoxNews.com.
What’s especially alarming is that only 52 children were vaccinated in all, meaning that 75% of those receiving the vaccines are now either dead or hospitalized.
The vaccines were administered by the Mexican Social Security Institute, known as IMSS. The IMSS confirmed the deadly reactions occurred after children received injections of vaccines for tuberculosis, rotavirus and hepatitis B — the same viral strains targeted by vaccines routinely administered to children in the United States.
More vaccine tragedies
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After doctors killed an infant with 8 simultaneous vaccines, they desperately tried to cover it up.
The hospital had the infant cremated, then refused to turn over the ashes to the mom. That mom is now urging other parents to do more research before making a decision on vaccines. The medical establishment is lying to us all about the supposed “safety” of these deadly injections: |
40,000-year-old bracelet made by extinct human species found
40,000-year-old bracelet made by extinct human species found
In what is quite an amazing discovery, scientists have confirmed that a bracelet found in Siberia is 40,000 years old. This makes it the oldest piece of jewelry ever discovered, and archeologists have been taken aback by the level of its sophistication.
The cave is named after the Denisovan people — a mysterious species of hominins from the Homo genus, who are genetically different from both Homo sapiens and Neanderthals.
We know that the Denisovans migrated out of Africa sometime after the first wave of Homo erectus, and well before us, Homo sapiens.
The Denisovans were unique in many ways, having branched away from other humanoid ancestors some 1 million years ago. Indeed, the recent discovery of a female Denisovan finger bone and various teeth shows that they had no morphological similarities to either Neanderthals or modern humans.
However, tens of thousands of years later, and prior to becoming extinct, they did coexist with us and the Neanderthals for a period, and skeletal remains of hybrids, and genetic studies confirm that they also mated with our forebears and the Neanderthals.
Strangely, however, DNA evidence also suggests that, at some point, the Denisovans must have interbred with an as yet unknown and undiscovered species of humans beings.
Skeletal remains show that the Denisovans were probably far more robust and powerful than modern humans, and were, until now, assumed to be a more primitive, archaic type of humans than us.
But, the discovery of the bracelet suggests this was far from true. Amazingly, the skill involved in making this adornment shows a level of technique at least 30,000 years ahead of its time.
Until now, scientists had believed that such skills had only evolved among humans in the Neolithic period, which began at about 10,000 BC. Indeed, originally, they believed that the bracelet had somehow become mixed up with materials dating from a later period.
However, experiments have now definitely ruled that out, and they confirm that it could not have been made by homo sapiens or Neanderthals. After 7 years of analysis, the scientists are confident that the piece was made 30,000 years before the beginning of the Stone Age.
The Daily Mail quotes the head of the Museum of History and Culture of the Peoples’ of Siberia and the Far East in the city of Novosibirsk, Dr Anatoly Derevyanko, who said:
“The skills of its creator were perfect. Initially we thought that it was made by Neanderthals or modern humans, but it turned out that the master was Denisovan.”
Mikhail Shunkov, deputy director of the the Institute of Archaeology and Ethnography in Novosibirsk, part of the Siberian Branch of the Russian Academy of Sciences, suggested that the find indicates that the Denisovans were more advanced than Homo sapiens and Neanderthals.
What is incredible is that the craftsman who made the adornment, seems to have used something similar to a modern drill.
The Siberian Times quotes Dr Derevyanko, who wrote in the Russian magazine, Science First Hand, that when they studied the diameters of the bracelet, they found that the rotational speed of the drill must have been quite high, and with minimal fluctuations.
“The ancient master” he said, “was skilled in techniques previously considered not characteristic for the Palaeolithic era, such as easel speed drilling, boring tool type rasp, grinding and polishing with a leather and skins of varying degrees of tanning.”
Held in place by what they believe was a leather strap, the bracelet itself was made from a type of stone called chlorite, which could only have been imported from some 200km (125 miles) away.
The bracelet was very delicate and was probably worn at special occasions by some important person, such as a Denisovan princess.
Shunkov explains;
“All jewellery had a magical meaning for ancient people. Bracelets and neck adornments were to protect people from evil spirits, for instance.”
“But this item, given the complicated technology and “imported” material, obviously belonged to some high ranking person of that society.”
Commenting on its beauty, Anatoly Derevyanko added;
“The bracelet is stunning. In bright sunlight it reflects the sun rays, at night by the fire it casts a deep shade of green.”
The archeologists are reported to have also found a ring made of marble, but they have not yet disclosed any findings about it.
Wanka
Excellent post from the judge. Thought this pic was interesting as well.
