Will Dementia Joe be the Democrat's candidate for President?
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Loading ...GDX +1.66
GDXJ +1.20
XAU +1.22
JNUG +3.53
Not bad, but compared to USLV which strictly is a 3X to the price of silver, pretty unimpressive. Better bang for the buck with this one.
SLV +1.91
USLV +5.98
Hmmm, which pony is providing better results? JNUG or USLV. Have the feeling I may be jumping ETF horses shortly.
Wonder if the analyst has it right about the USD?
Regardless, the action in the shares is troubling.
Farmboy may have it right about an OPEx smash coming later in the week. At least that’s what the shares seem to be saying.
I agree with that post, but those analysts can’t be too good if they neglected to even mention the pitifully low bottom price of $1,060 gold a year and a half ago. Chart shows two higher lows exactly one year apart. $1,060 and $1,140, $80 more per ounce, 7.5% higher, low to low one year apart.
Watched about an hour of CNN over the weekend. About as long as I could take it before puking. CNN having a hayday with their manufactured lies, half truths, and innuendoes. Everything is Russian tainted. The mass media has revealed itself for EXACTLY what it is, a tool of the Swamp.
Fingers crossed that the experts have it right with the PM’s. However, this Friday is Futures OE, so I am wondering if what we are seeing today is nothing more than giving the PM’s a little move up before the kill shot? See how twisted and untrusting I have become in my thinking? 🙂
Wishing you a good day across the pond !
Some very good analysts are saying bottom is in for PM’s…..we have a bullish golden cross as well.
Also calls going out that Dollar Bull is dead, now entering years long bear mkt and Golden crosses v close in Dlr index, Eur and CHf…Cable already crossed up.
Nem may catch a bid if so !!!!!!
Also keeping a close eye on GDXJ, has been acting strange for a few days. GDX +1.84, XAU +1.34, GDXJ +1.13 Hmmmm, normally the Jrs out perform both to the up and downside over the more conservative GDX/XAU indexes. Something doesn’t feel right.
That tea pot and cup looks like Nippon. I picked up a pretty pink set years ago have in storage. Started collecting tea sets from different countries. Japan, China, Europe, England. Then discovered you need a lot of room for them.
Over the past few months the HUI feed seems to have issues. Last time it did this it stayed ‘stuck’ almost to the end of the trading day.
Just tape over that indicator and keep flying. LOL
Just playing it cautious these days. Waiting for the PM’s to give us some direction we can book on. My new attitude (this year) is just try and not lose any money, or give back the earnings made so far. Steady as she goes….
Mr. Copper – yes big short interest added by the funds last few weeks. Once again they are getting fleeced.
Farmboy – my Scottrade says the HUI is down 2,652 pts this am.
Probably playing both sides like you are doing is working pretty well for now. Doesn’t appear the shares are going to breakout anytime soon.
Hah, that means a big bunch of them bought the TOP of the short trade. 🙂 Bon apatite. That’s what they deserve, for beating somebody, even some more after he’s already down.
If I read Winedoc’s post this morning the Canadian Markets are closed ?? If that is the case, I suspect the miners may have tough sledding today. I dunno…?
Holding a little of JNUG and JDST this morning. Lets see if one of them wants to jump up and yell ‘Black Jack’ or even ‘Bingo!’
Hey, when do you think we can expect a pound of Kona coffee from our rich Uncle Maya ? Maybe in time for Christmas?
OK, bring the trading day on, lets make a dollar or two. 🙂
Wonder how long before they rename those little chunks of mountaintops sticking up out of the ocean ‘The Maya Islands’?
Just hope that Bitcoin is not the cause of what the ole preacher says is ‘ruination’. You know, he already spends half his weekend in bed sleeping. I am afraid since his latest encounter with nature’s sting while pulling weeds he may just never do anything around the ranch again. 🙂
But I’ll tell ya, it is amazing when there is a currency, in whatever form, that the Feds or Wall St cannot manipulate like they do Gold and Silver, or the dollar or yen. Kinda gives one hope that maybe the PM’s will break free from their little conniving levers.
King Maya, does have a certain ring to it. 🙂
That was a good article by Tabibi. If you pair that up with the article newtogold posted yesterday about Comey, things seem to make a lot more sense.
Nothing we are getting from the MSM including FOX appears to be the truth. FOX gives us tidbits…
Back on the stairs today. The real battle is in silver.
Anyone’s guess if the shares perform better today.
Enjoy a day off north of the border
Morning Friends
Winedoc
The market is moving, and so are we. The Rio Grande Zephyr leaving Bond, CO
http://www.railpictures.net/photo/605820/
Charlottesville, Va.’s mayor said a torchlit rally held by white nationalists Saturday night “was either profoundly ignorant or was designed to instill fear in our minority populations in a way that hearkens back to the days of the KKK.”
In a statement posted to Facebook, Charlottesville Mayor Mike Signer suggested the rally was meant to intimidate supporters of the planned removal of Confederate statues in the city in central Virginia, home to the University of Virginia and Monticello, Thomas Jefferson’s historic home. “We are a Welcoming City, but such intolerance is not welcome here,” Signer wrote.
Signer’s statement was a reaction to a small nighttime rally at the city’s Lee Park led by white nationalist Richard Spencer and others. Participants chanted, “We will not be replaced,” “Russia is our friend” and “Blood and soil,” a historic Nazi chant, ABC News reported.
The protest came in response to a Nov. 28 city council vote to remove a statue of Confederate Gen. Robert E. Lee at the park and sell it. A court injunction has halted the removal for six months. The city also plans to rename Lee Park as well as another park named after Confederate Gen. Thomas “Stonewall” Jackson.
Signer called the protest “horrific,” noting that it coincided with Lee Park’s Festival of Cultures event, which celebrates the city’s cultural and linguistic diversity. He said it wasn’t immediately clear whether the timing was intentional.
Saturday night’s rally was actually the second event protesting removal of the Lee statue, local news reported. An earlier rally brought clashes between supporters of “white heritage” and detractors of the monument, WVIR-TV reported. Spencer said the afternoon demonstration, which was at the city’s Jackson Park, was peaceful, but police responded to a scuffle that broke out between sides.
Spencer, known for popularizing the phrase “alt right,” spoke at the afternoon event, telling onlookers, “I’m here to take part in this great celebration of our heritage and to say ‘no’ to the city of Charlottesville. You’re not going to tear down our statue and you’re not going to replace us.”
“We’re not white supremacists,” said protester Orry Von Dize. “We are simply just white people that love our heritage, our culture, our European identity.”
Defense of the statue has become a rallying cry for Republican gubernatorial candidate Corey Stewart, a one-time chairman of Donald Trump’s Virginia campaign.
There was no indication that Stewart attended either rally, The Washington Post reported, but in the past he has defended the Confederate battle flag and Civil War-era monuments, saying he is not promoting symbols of hate but battling political correctness and “historical vandalism.”
Cries for removal of Confederate imagery nationwide began shortly after the 2015 shooting deaths of nine parishioners at historic Emanuel African Methodist Episcopal Church in Charleston, S.C., and the subsequent removal of the battle flag from the grounds of the South Carolina Statehouse. The gunman was a self-avowed white supremacist.
On Thursday, a statue of Confederate President Jefferson Davis was taken down in New Orleans, the second of four monuments in that city scheduled for removal. Late last month, the city removed a 35-foot tall granite obelisk tribute to whites who battled a biracial Reconstruction government installed in New Orleans after the Civil War.
Contributing: Associated Press. Follow Greg Toppo on Twitter: @gtoppo
