What wud be great is if it breaks they have to cover…..but no they will just sell more
Dollar is going soft….lots of long profits to book, may start cascade and blow 23.00 out.
What wud be great is if it breaks they have to cover…..but no they will just sell more
Dollar is going soft….lots of long profits to book, may start cascade and blow 23.00 out.
Ha! Yep, they’ve set up a mini-wall between 22.99 and 23.01. “It shall not be breached”
Definitely a few lines in the sand as we close the week. 1250, 200 and 23
Not really enough volume to challenge any sellers today.
He’s there alright…..just flashed up over 800 sellers to 23 buyers Gulp !!!!!!!
Creeping up on your 23 GDX. We’ll see if the relentless seller shows up.
I’d sure like to see the HUI close the week back above 200
How to Grow the Most Flavorful Tomatoes
Wonder of all wonders, NEM turned higher. GG nope.
They’re keeping the metals well contained.
Venezuela Muzzles Legislature, Moving Closer to One-Man Rule
IQUITOS, Peru — Venezuela took its strongest step yet toward one-man rule under the leftist President Nicolás Maduro as his loyalists on the Supreme Court seized power from the National Assembly in a ruling late Wednesday night.
The ruling effectively dissolved the elected legislature, which is led by Mr. Maduro’s opponents, and allows the court to write laws itself, experts said.
The move caps a year in which the last vestiges of Venezuela’s democracy have been torn down, critics and regional leaders say, leaving what many now describe as not just an authoritarian regime, but an outright dictatorship.
re GDX 23.00…that I think is a major line in the sand….but any round No’s get defended, 22.70 was just held as Gold popped.
Clear the scum has an algo turned on, with a no limit sell. Also clear there are huge buyers out there.
Re: the Italian Banks
No one has ever had much success holding back the tide …
GDX being sat on, so no leadership is allowed from the shares…scum’s new game.
Americas Silver Corporation Reports Fourth Quarter and Year-End 2016 Financial Results
http://finance.yahoo.com/news/americas-silver-corporation-reports-fourth-204400599.html
MAG Silver Reports 2016 Annual Results
http://finance.yahoo.com/news/mag-silver-reports-2016-annual-204500496.html
Kirkland Lake Gold Files Technical Reports
http://finance.yahoo.com/news/kirkland-lake-gold-files-technical-211153885.html
Jaguar Mining Reports Turmalina Gold Mine 2016 Year-End Mineral Reserves and Mineral Resources Increases Total Measured & Indicated Resources by 22% to 540,000 Ounces
http://finance.yahoo.com/news/jaguar-mining-reports-turmalina-gold-222000359.html
Independent Proxy Advisory Firms Recommend Lexam Shareholders to Approve Plan of Arrangement With McEwen Mining
http://finance.yahoo.com/news/independent-proxy-advisory-firms-recommend-222335332.html
China Gold International Reports Year-End 2016 Results and Provides 2017 Outlook
http://finance.yahoo.com/news/china-gold-international-reports-end-223000495.html
Gran Colombia Gold Announces Fourth Quarter and Full Year 2016 Results; Improves Balance Sheet; Increases Adjusted EBITDA by 72% to $66 Million in 2016
http://finance.yahoo.com/news/gran-colombia-gold-announces-fourth-224733372.html
Silver Standard Receives Extension on the Chinchillas Project Option Agreement
http://finance.yahoo.com/news/silver-standard-receives-extension-chinchillas-235000845.html
Lydian Reports Fourth Quarter and Year Ended December 31, 2016 Results
http://finance.yahoo.com/news/lydian-reports-fourth-quarter-ended-014758756.html
Lydian Files Updated NI 43-101 Technical Report for the Amulsar Gold Project
http://finance.yahoo.com/news/lydian-files-updated-ni-43-014859321.html
Northern Dynasty Completes Annual Filings
http://finance.yahoo.com/news/northern-dynasty-completes-annual-filings-100000600.html
Pilot Gold Reports Year-End Financial and Operating Results
http://finance.yahoo.com/news/pilot-gold-reports-end-financial-103000616.html
Golden Minerals Announces Hecla Lease Extension And Santa Maria NI 43-101 Filing Details
http://finance.yahoo.com/news/golden-minerals-announces-hecla-lease-104500484.html
Golden Dawn Receives Permit to De-Water Lexington Mine
http://finance.yahoo.com/news/golden-dawn-receives-permit-water-130000245.html
IDM Mining Announces Key Milestone Reached in the Environmental Assessment of the Red Mountain Underground Gold Project
http://finance.yahoo.com/news/idm-mining-announces-key-milestone-130000066.html
Maddog – yeah, being sat on alright. The scum has been sitting on NEM and GG since the open. Thought about your GDX $23 comment, best I can figure is that 23 equates with about HUI 200
R640 – Stockman reminds me of that other birdbrain, the ex-CIA guy whose name eludes me right now. Think of all the reputations the pm sector has destroyed over the years. I haven’t seen Sinclair quoted for a couple of years, I wonder how many subscribers he has over there. Can’t be many…
I know u know…I was just having a rant…the Dog has moved out and the cat is far too quick.
V early days but Nem wasn’t in the dumpster ystdy…often a sign that the pressure will abate.
Ag making a mockery of Ag stox…or the scum are sitting on AG stox and looking at the way they are rotated through the woodshed….Paas’ turn tdy….I’d say they are being sat on.
Strange thing just happened, pm’s caught a little bid prior to the SM open – pretty much always drifts lower into the open…
Remember David Stockman’s article about the big March collapse because of the debt ceiling or something?
Damn, neither do I
🙂
There are only a few entities and really only one that can sell hell out of the US mkts and never deliver, never be called for margin and make a mockery of position limits.
There is no doubt that such a seller exists, the mkt action cnfms it daily. It is also very active in the currency mkts and the SM……less so in the Bond mkt, though it may yet have to take that on as well ..
Only 1 1% drop in the S&P in months…u have to go back to the Golden days of the 60’s to find another stretch like it…..Gold held at 1 % exactly, time and again .
The bears are gathering in the SM…Pro’s who see a stupid rally, ripe for shorting…they will likely get slaughtered…and go away wondering, why the scum are so desperate not to let any kind of fall occur…
The mkt action is unreal and becoming very worrisome….
The Silver market is tiny even in comparision to the gold market wich is tiny compared to most other commodities. if and when gold goes up substantially silver historically outperformes. not worried about JPM one bit,when the demand kicks in on a global scale the 119 million OZ supposedly stored at the CRIMEX will be bought up in the blink of a eye no matter what JP does. people, we’re talking 2 or 3 billion dollars here,a tiny fraction of AAPL’s market cap. buy now and thank me later….
“I’m ‘all in’ on shiny… and hope to stay that way for as long as it takes to bust down the ghetto walls of Goldburg…”~
Ditto. It isn’t that I’m fixated on PMs, it’s just that it is, (as I see it), the only play that a) has no counterparty risk and b) isn’t denominated in currencies of countries whose leaders have been screwing the pooch, so to speak. We’re moving the last of the 401k into a SDIRA which is going to buy PMs to be stored in a depository.
Keith Weiner’s group , Monetary Metals, is putting together an interesting program to lease some of my stacks (gold lease) that pays dividends in gold, not dollars. I have to return to California to pry the money in the 401k out of the trustees’ larcenous paws. Hopefully it’ll all be done in the next two weeks. Fingers in crossed position.
There you have it. Evidence that breaking JPM silver manipulation will NEVER happen given their huge physical stockpile and why you should forget about a higher revaluation unless of course JPM decides to give you silver stackers a break. LOL
If you were following along with the ongoing conversations here, you would already know that the guy to whom you are imputing ‘impatience’ to see silver soar…
is out of silver and into gold. So much for projections as an excuse for reasoned argument. Your first line was much beter… never say never.
That said, it’s a huge thorn in the side of tired ol Turd Ferguson and the rest of the ‘expired best before date’ analysts…
that JPM owns the silver market. They wrap themselves up in so many counter-intuitive and competing interpretations… OF THAT ONE SALIENT FACT… that reading their efforts to spin a coherent storyline out of it is akin to reading a murder mystery novel written by a collection of different writers, whose storylines never quite merge… you have to be a “believer,” otherwise none of it makes sense.
What does make sense, however, is that JPM doesn’t buy silver for it’s own account – it works as an agent of the Chinese .gov since 2011, and acquired vast stockpile of the stuff in pursuit of that entity’s foreign policy directives. Directives purposely hidden from the view of gullible westerners, who would prefer to believe the lies their handlers tell them. You take a piece of information like the one delivered above – how JPM got into a pack of trouble in 2011 – and instead of spinning it into another convoluted effort to defend the now discredited manipulation thesis which Turd built his franchise from…
work with the background of assorted facts to recognize the simple truth. Wall Street investment banks work with mainland Chinese state banking to control the silver[and gold of course]market in pursuit of a grand strategy of political intrigue which – when finished – will rock your world more than you’d ever believe. It don’t matter much what you believe ol son…
it’s goin down right in front of your own lyng eyes. Turd n friends laughed at Teddy Butler and his ‘weird’ ideas for years. Funny thing is… Ted is destined to have the last laugh. Not that it’s gonna be a help to him or anybody else who got caught believing their own bullshit. China’s not buying up the silver market to make western stakkers rich beyond their wildest imagings… you’ll never get that will you?
Farmboy’s fishin’. Everyone else knows what they want to drink, and what it looks like.
The snow-delayed ‘Empire Builder’ hastens across the Mississippi river lift bridge and thru Hastings, MN.
http://www.railpictures.net/photo/611169/