Silver hates Gold’s progress today
boyz must be protecting the price action
Samarco executives accused of homicide by Brazilian police over dam burst
Six top executives of iron ore miner Samarco, a joint venture between BHP Billiton (ASX:BHP) and Vale (NYSE:VALE), and one contractor have been accused of homicide over the deaths of 19 people who were killed in a dam burst last November.
Brazilian police in the state of Minas Gerais recommended “qualified homicide” charges for the chief executive of Samarco at the time, Ricardo Vescovi, and six others, local newspaper Veja reported (in Portuguese).
In Brazil only prosecutors, and not police, can legally bring criminal charges, but accusations from officials often precede formal charges.
People charged with “qualified homicide” — the Brazilian equivalent of involuntary manslaughter — face between 12 to 30 years in prison.
more http://www.mining.com/samarco-executives-accused-of-homicide-by-brazilian-police-over-dam-burst/
Farmboy…..WOW!!!
Dorothy in her ruby slippers……Lotta changes over the years!!
Farmboy
LOL and his red shoes too! 🙂
Sold some LSG
bought MUX, AKG, KLDX, HL
French special forces waging ‘secret war’ in Libya: report
French special forces and intelligence commandos are engaged in covert operations against Islamic State militants in Libya in conjunction with the United States and Britain, the French newspaper Le Monde reported on Wednesday.
It said President Francois Hollande had authorized “unofficial military action” by both an elite armed forces unit and the covert action service of the DGSE intelligence agency in the conflict-ridden North African state, which has two rival governments and largely ungoverned desert spaces.
What Le Monde called “France’s secret war in Libya” involved occasional targeted strikes against leaders of the ultra-radical Islamist group, prepared by discreet action on the ground, to try to slow its growth in Libya.
The defense ministry declined comment on the substance of Le Monde’s story but a source close to Defence Minister Jean-Yves Le Drian said he had ordered an investigation into “breaches of national defense secrecy” to identify the sources of the report.
more http://www.reuters.com/article/us-libya-security-france-idUSKCN0VX1C3
hmm if I recall
It doesn’t seem that my money in PM stocks is coming back with the rise. This is part of the rig
Good morning Oasis
Golden Star Increases Mineral Reserves by Over 10% to 2.1 Million Ounces
http://finance.yahoo.com/news/golden-star-increases-mineral-reserves-213000369.html
Taseko Reports Strong 2015 Year End Results Despite Challenging Market Conditions
http://finance.yahoo.com/news/taseko-reports-strong-2015-end-002700844.html
Continental Gold Announces a Positive Feasibility Study for the Buritica Project
http://finance.yahoo.com/news/continental-gold-announces-positive-feasibility-110000495.html
McEwen Mining Acquires Property in Nevada
http://finance.yahoo.com/news/mcewen-mining-acquires-property-nevada-113000210.html
Lake Shore Gold Reports Full-Year and Fourth Quarter 2015 Financial and Operating Results
http://finance.yahoo.com/news/lake-shore-gold-reports-full-120000982.html
Gold Bulls Feast as More Central Banks Drive Rates Below Zero
” “When you have negative rates from banks and bonds, then gold with a zero-percent yield becomes a high-yield asset,” Jim Rickards, author of “Currency Wars: The Making of the Next Global Crisis,” and chief global strategist at money manager West Shore Funds, said by phone. “With nominal rates coming down, real rates are coming down and gold is going up. That’s a very predictable response.”
Japan’s Negative Interest Rates Are Driving up Sales of Safes
”
The Japanese are spending—but not in a way that is likely to strengthen the country’s economy.
Following the Bank of Japan’s decision to lower interest rates below zero in January, many consumers have reportedly rushed to hardwares store in search of one thing: safes.
Negative interest rates mean customers effectively pay a fee for parking cash in banks, so Japanese citizens are beginning to hoard yen, according to the Wall Street Journal, and they need somewhere to put it.
Sales of safes have doubled from the same period a year earlier at chain hardware store, Shimachu, according to the Journal. The chain has already sold out of one model worth $700. Others savers are considering more unconventional storage spaces.”
http://fortune.com/2016/02/23/japans-negative-interest-rate-driving-up-safe-sales/
ororeef and auandag and silverngold etal:
ororeef has a great point. I too have found in business to do quality work and keep ones word is the top of the list of behavior. I broke monopolies and built 2 taxi companies here a maxi-taxi and a sun cab with a merger of the latter into the license of the former. within 2 years 1985-6-7 I had 1/2 the entire industry partly because the citizenery loved maxi-taxi [van system of shared ride] and sun cab [private meter system] and partly cause I was a pirate and would refuse to let a monopoly stand! made good press saying things like ‘no one tells me what business I can or can’t be in …in my own country! see what I mean…sounds great and the intention is kick ass and take no prisoners. I sold in 1989 and my predisessor ran maxi-taxi and sold in 1999 and today the entire cab fleet of maxi-taxi [20] and five 6’s [25] and contract vans [5] are for sale and all I can say is I wish the current owners luck since uber is in town and got arrested but it ain’t gona hold up. uber has the ear of the state house and has lobbied to inplant a paragraph in the motor vehicle for hire state law allowing it in any municipality. period checkmate! I said reciently to the fellow I had sold the company to that this is a bad time to be in the taxi business as we know it. oh well just another tidbit from life. cheers and salutations! wj
I learned to Swim with the SHARKS
both literally and figuratively .Iv done shark dives in my scuba days and learned their ways..they dont tolerate weakness ..you can swim among them if you dont act like pray ! Dont thrash around like you have fear .Iv touched them and pulled their tails and watch them scamper away.They dont know what to make of someone that intimidates them …
In the Garment business in the NEW YORK area there were many sharks and I lived very well with them .They respected me ,and I them…
Some of the smartest people I ever met were Russian Jews in the Garment business …We never had a bad word between us,or a verbal contract that wasent lived up to. ..We did quality work and they respected that ….We negotiated very tough ,but never angry and then lived up to our word.
I really liked that business because I and my family (father & Uncles,Aunts )were very good at it …The government gave the business away to JAPAN,CHINA etc….that ended it and I had to remake myself ….it was all I knew for 20 years and it was swept out from under us by Politicians.
The experience I had there served me well in my next business .I learned to apply myself with the same focus and it worked for the next 25 years.
Then I taught myself how to swim with Wall st sharks ..Its the same thing !
If Im in a bad situation …it really focuses
my attention and then I see much more clearly …it always comes down to the same thing FOCUS,FOCUS ,FOCUS ,,concentrate,concentrate concentrate …Dont relax ,dont get lazy ,dont give in …..You can accomplish anything if you focus !
There are no safe places with me
I am irreverent to the statis quo….kinda like Trump….Sometimes I like being an anarchist …..I dont like stuff shirts with guarantees .Freedom is like anarchy sometimes ..when you can live with it you are truly free !
I realized a long time ago ,I never had a job I felt secure in …so I always look for improvement always look for weakness in my situation and how to avoid it.
I learned to be comfortable with uncertainty and my ability to deal with whatever comes up …..What dont kill you makes you stronger is really true!
silverngold i’m in the malony camp fwiw
I had said just the other day to one of our new clients so to speak just that same thing and referring to the overall move from 1999-2001 bottom in the 250 area to the 2011 top in the 1925 area with the 50% fibo coming in in the 1080 area but we need wait till silver confirms for the direction etc. nevertheless we excersized on a 2016 monster box and I personally raised some begger funds and did 3 tranches of silver 10oz bars at a 50cents premium. my last traunch was this evening at 15.20 and a may very well do another and final tomorrow morning. low trade may be a test of very firm support at the 12 area but for a 3 dollar bill I sure refuse to catch a ride to what I can see a 3 digit price but more importantly a ratio of 20ish from the present 80….bargain basement ratio to price imho is now now now! then again I believe much to buygold’s chgrin that this….is….
wj