Yup Nem getting taken to the woodshed…..the games continue.
Think the AG stox are lifting Hui.
Yup Nem getting taken to the woodshed…..the games continue.
Think the AG stox are lifting Hui.
Embattled Acacia Mining ends painful year with $700-million loss
Acacia Mining (LON:ACA), Tanzania’s No.1 bullion producer, has scrapped its 2017 dividend after a long-running dispute with the government of the East African nation cost the company $700 million in annual loss.
The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said its gold output would drop in 2018 as a result of the ongoing ban on exports of metal concentrate, which represent about a third of Acacia’s output.
Delivering preliminary 2017 results, Acacia noted that full-year earnings before interest, tax, depreciation and amortisation (EBITDA) plunged 38% to $257 million, as it had to take a $644 million impairment charge.
cont. http://www.mining.com/embattled-acacia-mining-ends-painful-year-700-million-loss/
I see a December ’15 rally, a December ’16 rally and a December ’17 rally. Take a look. Note the steep extreme corrections. Coincidence? Or Manipulation? The imbedded insiders making sure gold is low enough so they can’t lose on each next rally?
Remember the 17% APY Gold was doing for so many years in a row?
Coincidence? Or Manipulation?
I see a December rally, a January rally and a February rally. Take a look. Coincidence? Or Manipulation?
Dollar upper left:
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
I won’t be surprised to see interest rates drop soon. Look at the break-out in late 2017. that was the Trump effect interrupting the natural trend down. Is or will the Trump effect ware off soon?
10 year Interest rate:
Yep. Better start but the scum has set their sights on stuffing NEM. Also have stopped the metals dead in their tracks.
VIX is creeping higher. This SM rally may reverse.
Interesting …. GDX barely positive while HUI is up almost 2.5%.
Must be the Gold Bull snorting fire!
GDX plus 0.23 %….GLd plus 0.52 % and now NEM goes Unch !!!!!!
i keep a diary of eliades’ appearances on the financial channels….over the last 30 years without exception he shows up at an important bottom…….the propaganda machine at work….he hasnt been a screaming bulll or any kind of bull ever in his life……he.s a prechter clone ……totally brain ded and no doubt a real dimm…hasnt an indipendent thot in his head….but we love these guys…they help keep the wall of worry in place
Yup good $ 10 rally crushed all night/London AM…nothing changes…meanwhile SM soars on.
Nice trend lines…..tks
Still reckon they blast through….picking up lots of anecdotal evidence in mania phase in SM, which fits with E- Wave saying 5th of 5th…..no idea where we end.
Looks like wave 5 of 5 has started, as SM will blast to new all time Hi’s……it won’t be inflation, but hyperinflation, that will be the talking point.
Lets see the scum keep PM’s down under that scenario…so far they are pathetic…AU has dropped $5 from it’s o/n hi.
Golden Showers
http://railpictures.net/photo/647788/
You have a fantastic country, even if half of it is Jack Wagons. RIP wanka.