http://finance.yahoo.com/news/reservoir-minerals-shareholders-approve-takeover-175542594.html
i’m in favor
we’ve been seeing reduced shelf life in the more recent slapdowns. i’m in favor. let the reductions continue.
Just saw the ambassaror from UK to US
Pushing they stay in the EU saying staying in won’t affect us as far as the EU and looks like their own pocket books including immigration from foreign countries that are already over populating some neighborhoods where there’s more immigrants than citizens. Politics as usual. They play that same civil rights PC game like that’s what it’s about. In the next breath after denying it he says if they do it will keep inflation numbers down. Looks like they all have one thing in comon. Inflation numbers are a code word wages to them. Inflation numbers to them survival to the people. The server, truck driver, teacher, moved, construction worker, packers, health care workers, factory if any left, guard, on and on. Their views are very narrow and apparently like here dont get out there really talk to people other than pander for votes, They equate market going up to good economy not people moving away from Gov as Armstrong pointed out and increasing civil unrest.
UK preparing for Britexit
Short interest on EWU a UK equities ETF is way up and pound ETF is up although probably not heavily traded. So speculators are positioning they stay in. If they don’t stay in that will be interesting especially for EWU.
Ororeef Germany just on a downward cycle with everything. The resale a on these electric cars aren’t so great because of the expense of the battery. Maybe those older VWs will have some collectors value.
U.S. Debt Clock
Have a look-see:
Dollar to Gold Ratio NOW………..$7,350 per oz
Dollar to Silver Ratio NOW……….$ 813.82 per oz.
Voltswagen?
All new cars mandated to be electric in Germany by 2030
All new cars mandated to be electric in Germany by 2030 [Updated]
Samb
Is the sun going to come up tomorrow?
IPSO
Thank You for your thoughts…I wonder if a reverse split will come down the pike…UGH!
Samb @ 11:24
It IS a lot of shares but on the other hand they will have a producing gold mine with very little extra investment or time required. Also, they have the regular payments from Coeur D Alene to help buttress their situation. Rye Patch is not my favorite these days but I’m hanging on to what I have.
Cheers
PS It looks like Coeur D Alene Mining has changed it’s name to Coeur Mining.
Friday, May 3, 2013
Coeur d’ Alene Mining moving to Chicago,to change name.
After much speculation it has been confirmed that the large Coeur d’ Alene based, Coeur d’ Alene Mines Corp. will move it’s headquarters and all operations out of the city later this year. Coeur d’ Alene Mines, which has had it’s home offices in the North Idaho city since 1985 and a local history that goes back many years before 1985, will close up shop in Coeur d’ Alene in September 2013.
The company will relocate it’s headquarters to a yet to be named location in Chicago. Along with the companies move out of Coeur d’ Alene the company will change it’s name to Coeur Mining. The name change is expected to take place in mid-may following to companies annual meeting.
http://www.inlandnwbusiness.com/2013/05/coeur-d-alene-mining-moving-to.html
Ipso Facto
Question for ya regarding Rye Patch: I haven’t really followed this stock for some time. It appears that they made a good production purchase BUT: If I read it correctly they will be issuing about 250 million shares on top of the 140 mil already issued. Am I wrong?? If so 400 mil shares out is WAY too many for me for a penny stock! Your Thoughts will be appreciated.
Microsoft gets into the marijuana business
Microsoft is announcing a partnership to begin offering software that tracks marijuana plants from “seed to sale” to help states that have legalized marijuana keep tabs on sales and commerce.
Dang It !
Dopey Dollar being pushed back up, therefore, as the sun rises in the East, gold must go down. Well, most days thats how it works.
Farmboy
Sounds good to me. I’d guess at a certain point the music will stop playing and all the bets will go unpaid. When they know they won’t have to repay they can take it to 1000 to 1 or even a million to 1 but at some point the music stops.
Here they come in for the kill….
Islam stands above German law for half Turkish Germans – survey
Almost half the ethnic Turks living in Germany consider following Islamic teaching more important than abiding by the law, a new survey claims. They also view Islam as the “only true religion” with about one in five justifying violence if it is provoked by the West.
The study by the University of Münster titled “Integration and Religion from the viewpoint of the Turkish Germans in Germany” outline some deep divisions within the German society as 47 percent of ethnic Turks living in the country said that following religious dogmas was “more important” to them than obeying “the laws of the land in which I live,” particularly if the two were incompatible. Moreover, 32 percent from those questioned said they yearn to live in the society of the times of the Prophet Mohammed.
cont. https://www.rt.com/news/347063-germany-turks-islam-law-survey/
Farmboy
Gold standing tall this morning … got a match?
Buygold & Ipso 500 to 1 You Say ?
Gold off the deck and landing a counter punch this morning. Lets get the odds 1,000 to 1 so this paper game can catch fire !
Dictator in the making
Turkish plan to restructure courts stokes opposition alarm
Turkey’s government wants to remove hundreds of top judges and give President Tayyip Erdogan more say on appointments in a major overhaul it says will speed up courts, but opponents fear the move will undermine judicial independence.
The government says the judicial review will allow it to weed out the followers of a U.S.-based Muslim cleric accused by Erdogan of attempting to topple him, and help streamline high courts bogged down by a backlog of cases.Critics say it is an attempt by Erdogan to cement control over the courts, which they say he already uses to intimidate opponents. Prosecutors have opened around 2,000 cases against people for insulting Erdogan since he became president in 2014, including journalists, cartoonists and teenagers.
Under the draft law being debated in parliament, all 711 judges at two of the highest courts – the Council of State, which hears cases lodged by citizens against the government, and the Supreme Court of Appeals – will be removed. Some are expected to be reappointed, but it is unclear how many.
cont. http://www.reuters.com/article/us-turkey-judiciary-idUSKCN0Z31HH
Buygold
500-1 That’s quite a game of musical chairs!
Nice to already have a chair and be sitting in it.
Ipso
Don’t go getting all T/A bullish on me. You know cash is king!
Seriously though, it sure seems there’s some pretty serious strength underneath our metals despite the 500-1 ratio in paper gold.
Buygold
Even though we got smashed down yesterday we’re still looking pretty good … What else is there to hold? Cash?
Good morning Oasis
Evolving Gold Acquires 56 km2 Lithium Lakes Project Near Nemaska Lithium’s Whabouchi Deposit
http://finance.yahoo.com/news/evolving-gold-acquires-56-km2-150000001.html
Eastmain Resources and Partners Commence a $2 Million Exploration Program at Eleonore South Property
http://finance.yahoo.com/news/eastmain-resources-partners-commence-2-143000641.html
Lundin Gold Submits Application to Advance the Fruta Del Norte Project
http://finance.yahoo.com/news/lundin-gold-submits-application-advance-174000146.html
NewCastle Gold Completes Royalty Consolidation with Franco-Nevada
http://finance.yahoo.com/news/newcastle-gold-completes-royalty-consolidation-165801801.html
Rye Patch Announces Completion of Cdn$49.1 Million Private Placement of Subscription Receipts to fund Florida Canyon Gold Mine Acquisition
http://finance.yahoo.com/news/rye-patch-announces-completion-cdn-200000711.html
Colorado Resources Commences Work on 3 Golden Triangle Projects
http://finance.yahoo.com/news/colorado-resources-commences-3-golden-200000786.html
Avrupa Minerals Announces Filing of NI 43-101 Technical Report on the Slivovo Gold-Silver Project in Kosovo
http://finance.yahoo.com/news/avrupa-minerals-announces-filing-ni-201500817.html
McEwen Mining Inc. Announces Change of Security Position in Golden Predator Mining Corp.
http://finance.yahoo.com/news/mcewen-mining-inc-announces-change-211823472.html
Nevsun and Reservoir Announce Increased Cash Consideration to Reservoir Shareholders
http://finance.yahoo.com/news/nevsun-reservoir-announce-increased-cash-042730261.html
First Mining Completes Transaction With Tamaka Gold Corporation
http://finance.yahoo.com/news/first-mining-completes-transaction-tamaka-110000710.html
No downside follow thru
at least yet anyway. Clearly the trend is up despite the one day smashes. A year ago it would’ve been a different story, pm’s would be extending their losses.
Makes me wonder if the cabal isn’t getting bum rushed every time they try and dump. Are they finally losing control?
HMMM
MP Jo Cox Killed By “Useful Idiot”? Fishy Timing Given Brexit – Eric Dubin
http://thenewsdoctors.com/mp-jo-cox-killed-by-useful-idiot-fishy-timing-given-brexit-eric-dubin/