Loading ...Surprisingly pm’s haven’t rolled over with it, at least yet anyway.
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I picked up 80 JNUG April 6th $14 calls near the close @.74…I haven’t traded for about 2 months…I just had to have some exposure seeing how the DOW was down 750 and tomorrow could be a painful Friday ahead of a weekend..I also liked that gold held some of Wednesdays gain-still up 6.50 with JNUG down 4%–that’s usually been a pretty good trade set up for me…
French documentary was filmed. This was on a couple of months ago. They used human pumps that pumped 180,000 gal of water out of the mine a day. The “pumps” only lasted about a year. The silver mine starts about 17 mins in.
I was watching a new French documentary (packing for Mars) that was filmed in southern Spain. the company name is “Comex” on the space suit 40 seconds in. It will probably take a couple of days for doc to be posted on youtube.
Gold Breakout & Stock Market Crash
If you go to a conventional US (pill pushing doctor) MD they’ll tell you your health insurance won’t pay for the VAP test because it typically is 5 x higher than the standard test. You just about have to go to a holistic doctor and most of them will do it and if your numbers warrant treatment they’ll use Niacin B3 with the flush. The top 3 drug money makers for US drug companies were statins so thats what you are up against. There is NO money B3 for drug companies. O
I wonder how much of that is due to China’s new oil exchange?
through 2015 hobbled some of Africa’s biggest resource economies, stunting growth and leaving budgets short. This happened with Oil too and Venezuela’s problems, and oil producers.
The old system is failing. Above related to Ipsofacto 9:51.
They are known in the equine world as ‘Road Apples’ and when dried , provide fuel for Bedouin campfires .
I didn’t see this rally coming today, other than selling pressure at $1350 the metals look pretty good.
Sure seems that with the HUI still around 176 the shares are really undervalued and not too risky.
Not sure why we are rallying, but it beats the alternative.
for a mining co whose property is being seized to use a judicious amount of explosives to ensure that their seized mine has 0 value to the offending government.
– Brings back many memories of my youth , and trips back to Kirkland Lake to visit an uncle and aunt who were like second parents to me . There were always a couple of Pullman sleepers on the train and it was a big adventure to pull out of Toronto around dusk and be rocked to sleep in a berth as it trundled Northward , to reach North Bay as dawn was breaking . Then pass through Cobalt , and New Liskeard to leave the train at Swastika where ‘Big John’** and ‘Tina would be waiting , as the Ontario Northland , as it was known then , continued Northward to Timmins and beyond . Then on the cab ride from Swastika and Chaput Hughes to KL passing those huge granite and quartz rocks , worn to smooth roundness by glaciers during ice ages , millennia ago . My home town after we left KL in the early 1940’s was built on the delta of a river draining Lake Huron – all sand and clay with no big rocks so it was like going home to go back to where you could see the exposed Canadian Shield , Spruce , and wild blueberry bushes .
** My uncle ‘Big John’ ( not the one from the song ) was a career underground hard rock miner at Lakeshore Mines , whose home was literally built on a granite outcropping . which rose like a dome down in a corner of their basement . On rainy days I would go down to the basement and climb that rock outcropping , sometimes feeling the ‘bump’ when there would be blasting or a dangerous rock burst far below .
Besides that, diet is just one factor in longevity–more important than that is life style-attitude–ones happiness–how one handles stress, loss etc…that said, she is truly an amazing case
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Oct 15, 2003 – Study published in AMA Journal reports that centenarians tend to have larger than average cholesterol-carrying molecules in their blood; Dr Nir Barzilai … that suggests that the size of lipoproteins, both good and bad, may play a significant role in heart disease, diabetes and, consequently, longevity. ”Large .
they’re buying google…up 10 bucks…and Face Books about to go green…
If you think all the mining cos will be seized I think that’s possible but only at a far later date. Of course in some jurisdictions the miners are having trouble but that is always the case. Round up the usual suspects.
I agree that the trend is towards higher taxes on the miners but I don’t think it will be a major factor in the better jurisdictions for a very long time. JMO
PS It’s a well established fact that the bulk of the US gold is stored up Tinkerbelle’s as*. 🙂
PS I have a long list of places I don’t invest including most of Africa, anyplace that has a “Stan” in the name, Philipines, Indonesia, Turkey, China, Bolivia, Ecuador, Central America and I’m sure some others I’m forgetting.
(Bloomberg) — One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds.
The collapse in commodities through 2015 hobbled some of Africa’s biggest resource economies, stunting growth and leaving budgets short. Since then a recovery in prices has sent the continent’s biggest miners soaring, boosted profits and rewarded shareholders with bumper payouts. But a lack of returns to governments is drawing a backlash from Mali in the Sahara to Tanzania on the Indian Ocean.
Zambia is the latest flash point. Africa’s second-biggest copper producer slapped a $7.9 billion tax assessment on First Quantum Minerals Ltd. and said it’s planning an audit of other miners in the country. Companies operating in Zambia include units of Glencore Plc and Vedanta Resources Plc.
Next door in the Democratic Republic of Congo, Glencore, the world’s biggest commodity trader, is dealing with a dispute over a new mining code that dramatically boosts taxes, while major gold producer Mali has reportedly said it might follow Congo’s example. Tanzania has all but crippled its biggest gold miner Acacia Mining Plc, a unit of Barrick Gold Corp., with export bans and a whopping $190 billion tax bill.
cont. http://www.mining.com/web/commodities-roar-africa-wants-bigger-slice-mining-pie/
a typical bearish set up-the bearish script calls for an opening-“what me worry” rally of 150-200 DOW points then a reversal…ending the day down hard…we shall see…
Morning Friends
Winedoc
The Ontario Northlander is ready to head out to Gold Country.
http://www.railpictures.net/photo/652122/
Camel eggs for breakfast? …anyone?