Yep, and yes I wonder about crops. Even this evenings it’s still hot here 102 F
Floridagold
Now … if your market darlings are faltering …
NGD
New Gold Announces 2018 Second Quarter Results and Updates 2018 Outlook
07/25/2018
download the pdf (PDF 575 KB)
(All dollar figures are in US dollars unless otherwise indicated)
TORONTO, July 25, 2018 /PRNewswire/ – New Gold Inc. (“New Gold” or the “Company”) (TSX:NGD) (NYSE American:NGD) today announces its 2018 second quarter results and updated 2018 outlook. Unless otherwise noted, all operating and financial results have been presented on a continuing basis and exclude Peak Mines, which has been classified as a discontinued operation and was sold in April 2018.
2018 Second Quarter Highlights
Gold production of 108,550 ounces and copper production of 20.4 million pounds
Operating expense of $680 per gold ounce and $1.67 per copper pound
All-in sustaining costs(1) of $877 per ounce, including total cash costs(2) of $453 per ounce
Operating cash flows generated from continuing operations of $66 million, or $0.11 per share
Loss from continuing operations of $302 million, or $0.52 per share, including an impairment loss, net of tax of $282 million, or $0.49 per share
June 30, 2018 total liquidity of $270 million, including cash and cash equivalents of $167 million
Updated 2018 outlook: 415,000 to 480,000 ounces of gold production (previously 525,000 to 595,000 ounces of gold) at all-in sustaining costs of $1,080 to $1,120 per ounce (previously $860 to $900 per ounce)
Rainy River updated life-of-mine plan completed, NI 43-101 Technical Report will be released in early August
articles of impeachment against Rosenstein
GOP lawmakers introduce articles of impeachment against Rosenstein
D’oh!
Tech stocks set to crater on Thursday with Facebook on track for biggest drop ever
The tech-heavy Nasdaq was set for a big down day Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on track to lose more than $125 billion in market value.
The Invesco QQQ Trust, which tracks the Nasdaq-100 index and can give traders a good idea of how the Nasdaq stocks will trade, was down more than 2 percent at one point in after hours trading Wednesday. At last count, the ETF was off by about 1.5 percent. Nasdaq futures opened lower Wednesday evening, off by about 0.8 percent. Facebook lost more than a fifth of its value after hours.
goldielocks
Most lefties don’t care about the country as long as they can attack Trump. Let’s pray they never come to power!
Good question about the food supply. Droughts and floods are certainly going to cut into food production. Also fires in E. Washington burning up part of the wheat crop. Perhaps RNO can give us his perspective … bein close up and all …
This picture is too funny! But the author likes gold.
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Anyone think we could face food prices rising by the end of the year?
Western states frying in three digit heat waves while south eastern states drowning. Will we see crop failures?
Mr Cooper 16:54 Eastern time
Agreed but I think it’s also helping other countries citizens wake up to the welfare they’re forced to give to their politicians money hunting that do not benefit them. Infact harm them and spend it on there insourcing globalization projects.
Looks like Canada is joining Europe
Both Europe and Canada are trying to down play terrorist attacked as mental illness. Cowards
Instead of improving their economy they’d rather import cheap labor, endanger the citizens and destroy it. The guy in Canada was mentally deranged but just happened to be armed and a good shot killing a child and wounding so many.
Its Not A Trade War, Just Because Their Media Is Instructed To Call It A Trade War
When Globalization started, there was no talk of Trade war. They, behind the scenes simply made a bunch of changes.
First they changed the US currency values to make imported goods MATHEMATICALLY cheaper and “MAKE” Americans buy the stuff.
Then create tax breaks to “MAKE” US businesses WANT to move to other countries for profits.
Then they created a bunch of fake unneeded stupid environmental laws to “MAKE” US businesses want to move to other countries.
Media Propaganda promoted anti American business activity. Such as…US workers get paid too much and causing inflation. Unions are ruining the country. Manufacturing jobs are dirty and polluting the environment.
“We” don’t like or want “rust belt” jobs. “We” want cheaper higher quality products. Competition is good. Free Trade will create more jobs for Americans. Bla bla bla, remember???
Now, think about it. The reversal of the above is what’s probably going on behind the scenes. But their Media never tells it like it is. They CAN’T. Can you imagine what the people would think if their media announced the above methods to redistribute wealth back to the USA??
The Americans had no say after 1970 to avoid what happened. And now, all the other countries have no say as to whats going on. Its all changing because it has to change. Its almost like Ron Reagan again when he threw people off welfare. Welfare to workfare the media called it.
So now its a global Ron Reagan. Various countries are getting thrown off welfare, the USA can’t afford it anymore, and has to be replenished.
Decent close
Hopefully we get some follow thru
Glad Trump could get some concessions out of Europe. I guess that’s why the SM spiked at the end of the day.
It’s about time the rest of the world stops stealing from us.
Ipso
Trump working hard for US while the left wiring to undermine it not only the US but will economically benefit other countries with it.
Here’s more of the lefts base infiltrating schools.
A couple of parents have already sued school for forcing their kids to PRACICE the Koran by memorizing and chanting it.
Islamist Infiltration of American Universities
In 1988, an FBI source inside the Muslim Brotherhood revealed that the Islamist group’s proxies in America had a six-phase plan to “institute the Islamic Revolution in the United States.” [1] Among these front groups was The International Institute of Islamic Thought (IIIT), a think tank committed to the “Islamization of knowledge.”[2] This ideology, as Professor Vali Nasr writes, entails the subordination of scientific inquiry to “the mere implementation of the assorted teachings of the Shariʿa.”[3]
https://clarionproject.org/islamists-infiltration-american-universities/
China next
We Have A Deal: Watch As Trump And Juncker Reveal Agreement To Avert A Trade War
And yet, according to Dow Jones and Reuters, Trump has managed to secure concessions to avoid a trade war, including agreeing to import more soybeans and lowering industrial tariffs as well as working more on LNG exports.
President Trump has secured concessions from Europe to avoid a trade war, with Europe agreeing to the following (per Dow jones):
•Europeans agreed to work on more U.S. LNG exports
•Europeans agree on lowering industrial tariffs
•EU agrees to align regulator standards on medical products
•EU agrees to import more U.S. soybeans
Here’s more communists of the Democrats base infiltrating including our Gov.
Note many Chinese that don’t want communism they left are more aware of this that many Americans are both in schools and Government.
The Chinese Communist Party Is Setting Up Cells at Universities Across America
In July 2017, a group of nine Chinese students and faculty from Huazhong University of Science and Technology participating in a summer program at the University of Illinois at Urbana-Champaign (UIUC) formed a Chinese Communist Party branch on the third floor of Hopkins Hall, a campus dormitory.
The group held meetings to discuss party ideology, taking a group photo in front of a red flag emblazoned with a hammer and sickle, according to a July 2017 article and photos posted to the Huazhong University website. The students’ home institution had sent four teachers on the trip, directing them to set up the party cell to strengthen “ideological guidance” while the students were in the United States.
The Illinois university partners with several Chinese universities in exchange programs; at least two of those Chinese universities have directed participants to form party cells on the Urbana-Champaign campus, using those cells for ideological monitoring and control, according to articles posted to university websites and interviews with student participants.
https://www.google.com/amp/s/foreignpolicy.com/2018/04/18/the-chinese-communist-party-is-setting-up-cells-at-universities-across-america-china-students-beijing-surveillance/amp/
Mr Copper
Tell me what side they would of been on during WW11. What side are they on now?
The Mexican Communist Party (Spanish: Partido Comunista Mexicano, PCM) was a communist party in Mexico. It was founded in 1917 as the Socialist Workers’ Party (Partido Socialista Obrero, PSO) by Manabendra Nath Roy, a left-wing Indian Bengali intellectual. The PSO changed its name to the Mexican Communist Party in November 1919, following the Bolshevik Revolution in Russia. It was outlawed in 1925 and remained illegal until 1935, during the presidency of the leftist Lázaro Cárdenas. The PCM saw in the left wing of the nationalist regime that emerged from the Mexican Revolution a progressive force to be supported –i.e. Cárdenas and his allies.[1] In the end, the PCM disappeared after joining a split from the PRI led by the son of Lázaro Cárdenas, Cuauhtémoc.
https://en.m.wikipedia.org/wiki/Mexican_Communist_Party
Mr Copper
Yes they have and they want their power to continue that so why it’s important to stomp this fire out now.
Yes on Russia which at least is more civilized and educated than the Mid East we can negotiate more diplomatically but the left just wants to justify more war.
They won’t be happy until they blow the world up while they hide in their stocked bunkers. It’s Obvious they want to continue to pull us into another war. A war that rockets can reach our shores.
Ironically these same people are aligning with socialism and communist in the US. They are now the NEW RUSSIANS WITHIN!!
Did you know during the years of the Cold War the Russians saw the power of media that included movie stars they also infilterated.
They put John Wayne on a hit list during that time. His friends unfiltered the communist party to see what was going on and tell him about it. After things started to change the new leader called it off.
The new threat is bigger from within.
Goldilocks
Everything you say is right and I agree with you. And you are very up to speed. But when you say….”The left is so openly corrupt you can see a pattern.” “and the left could affect our country in a negative way.”
I would say it this way:
“The GLOBAL left is so openly corrupt I can see a pattern.” “and the GLOBAL left has already had a negative affect our country In fact, you could say the GLOBAL left created all the local domestic lefts.”
They say, after WW II a lot of Russian communists infiltrated many parts of our country including TV Movies and the media.
Mr Copper
I don’t think that watching the left organize even if it’s in a crude and immoral manner instead of falling asleep that could affect our country in a negative way. The left is so openly corrupt you can see a pattern. The young fail to see Marxism and lawlessness is a detriment not progress. The left is making them believe it’s the opposite to what the left is up to. They’re making them think it’s the right and when their called on it they have a melt down.
Nor is current concerns being the border or affordable health care.
I can see them now crying when Trump suggest they throw that suitcase full of money they didn’t earn overboard.
This could help the flow of money ” instead the barrier Inama made worse” which could help businesses including small businesses.
The Latest: Trump Suggests No Tariffs Between US, Europe
President Donald Trump says he’ll propose to European officials on Wednesday that both sides drop all tariffs, barriers and subsidies.
President Donald Trump says he’ll propose to European officials on Wednesday that both sides drop all tariffs, barriers and subsidies.
Trump has floated the idea in the past, but he tweeted Tuesday night that he doubts the Europeans will go for the idea.
Back in June
U.S. President Donald Trump, speaking at a summit in Canada on Saturday, said trade among the G-7 nations should be free of tariffs and other barriers, in what looked like an olive branch to close allies amid simmering tensions over duties imposed on steel and aluminum.
“No tariffs, no barriers, that’s the way it should be — and no subsidies,” the president said at a press conference.
The president, however, did not elaborate on how or whether the United States would reduce its tariff barriers. Instead, he pointed to Canadian duties on U.S. dairy.
“We don’t want to pay anything — why should we pay?” Trump said. “Ultimately, that’s what you want. You want a tariff free, no barriers and you want no subsidies.”
https://www.google.com/amp/s/www.cnbc.com/amp/2018/06/09/trump-says-at-g-7-summit-trade-should-be-tariff-free-barrier-free-subsidy-free.html
Goldilocks re the left will stoop to new lows everyday.
you and I are studying and watching and observing two different things. You are focused more on the past and local domestic situations. I’m always focused on the future and the GLOBAL situations. Eventually the global situation will override and change the domestic local situations. The local situations GOT the way it is gradually since 1946. The global old NWO is failing and in transition.
Goldcountry
The Fed appeared to have plans to be a thorn on the side of Americans doing more for other countries than they do for us. and than our own while these other countries do what’s best for themselves.
They also appeared to have plans to undermine the economic progress Trump is trying to make and claim he’s causing inflation. Taxes cause inflation when it’s passed on to our cost of living but they call more money kept by the actual producers” wages” inflation.
As far as interest rates and pensions including SS they could of ” a long time ago” diversified in other things besides bonds. It appears like any fraud that dupes people as the Judge says lol to have all the control to the people’s detriment.
Mr Copper
Because Trump was elected doesn’t mean it’s a entitlement people will automatically vote R for senator if they are Demo or Independents.
Trump can’t write executive orders for everything that can be undermined anyways.
Yes there is a walk away movement going on but also you see the left will stoop to new lows everyday.
In San Francisco the school boards want illegals able to vote. They want to normalize non citizens having a say in our Gov. They will promote lawless to get their way.
As one person said the GOP can’t organize a bake sale. Do you see them out there rallying and calling out the fraud of the left in your state? Not just during elections either. But their always asking for money, for what? I remember one senator here would come out for elections and making robo calls then you never heard from him again and nothing got done. He wound up getting beat out by the left.
Cortez in NY had a tiny bit of money but got out there as the time was right with changing demographics in that area to start preaching race and jobs free stuff that don’t mix with jobs lol
That and lower turn out resulting form the entitlement mentality of Crowley or whatever his name he lost.
As one left said once if I can’t get to you I’ll get to your kids. Parents may know when someone is a loonies or fraud but their kids may not and need to pay attention. The independents are the key because like patriots are not aligned to any party they’re looking at the issues and the GOP isn’t out there.
GOP can’t even agree on boarder security to get enough votes amongst themselves.
We need more republicans backing the president/ people. I saw some of that happening in the primaries.
I’d like to see a bunch of parents go to schools when they see them preaching their liberal ideations ” libs or the word have been hijacked by the far left” to their kids or encouraging violence. They call them out on it and go after their jobs if bad enough.
In the colleges of these parents are harassed if they protest and it will work against the left and maybe their kids will wake up. Especially of the parents pull the plug on these schools.
One of my daughter already have two friends homeschooling their kids.