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R640

Posted by Maddog @ 13:39 on December 28, 2018  

Re Trump and Hedge fund investor….doesn’t make sense, he is best mates with some of the best traders of all time, he doesn’t need to get an employee to talk to someone about the mkts….he knows what he is doing.

Limbaugh recently said that one of the Donalds tricks is to announce something and when everyone goes ape, he rows back and just when they think he will retreat, he goes full steam…..He has promised Limbaugh that the Wall will go ahead.

My guess is he wants this row, so that people can see it is the Dems causeing the problems and he will spend the next two years winding them up, in front of his 2nd run.

Re Merkel

Posted by Maddog @ 13:21 on December 28, 2018  

She has lost it big time….the AfD love her, all they have to do is snooze, while she blows her feet off.

Damn – AG is one of the good guys…

Posted by Buygold @ 13:11 on December 28, 2018  

Press Release: First Majestic Silver Corp. Announces At-The-Market Offering Equity Program

7:24 pm ET December 27, 2018 (Dow Jones) Print
First Majestic Silver Corp. Announces At-The-Market Offering Equity Program

VANCOUVER, British Columbia , Dec. 27, 2018 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (NYSE:AG) (TSX:FR) (the “Company” or “First Majestic”) is pleased to announce it has entered into an equity distribution agreement dated December 27, 2018 (the “Sales Agreement”) with BMO Capital Markets Corp. (the “Agent”) pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through the Agent, such number of common shares of the Company (“Common Shares”) as would result in aggregate gross proceeds to the Company of up to US$50.0 million (the “Offering”). Sales of Common Shares will be made through “at-the-market distributions” as defined in the Canadian Securities Administrators’ National Instrument 44-102-Shelf Distributions, including sales made directly on the New York Stock Exchange (the “NYSE”), or any other recognized marketplace upon which the Common Shares are listed or quoted or where the Common Shares are traded in the United States. The sales, if any, of Common Shares made under the Sales Agreement will be made by means of ordinary brokers’ transactions on the NYSE at market prices, or as otherwise agreed upon by the Company and the Agent. No offers or sales of Common Shares will be made in Canada on the Toronto Stock Exchange (the “TSX”) or other trading markets in Canada.

The Offering will be made by way of a prospectus supplement dated December 27, 2018 to the base prospectus included in the Company’s existing US registration statement on Form F-10 (the “Registration Statement”) and Canadian short form base shelf prospectus (the “Base Shelf Prospectus”) dated November 5, 2018. The prospectus supplement relating to the Offering has been filed with the securities commissions in each of the provinces of Canada (other than Québec) and the United States Securities and Exchange Commission (the “SEC”). The US prospectus supplement (together with the related base prospectus) is available on the SEC’s website (www.sec.gov) and the Canadian prospectus supplement (together with the related Base Shelf Prospectus) will be available on the SEDAR website maintained by the Canadian Securities Administrators at www.sedar.com. Alternatively, the Agent will provide copies of the US prospectus and US prospectus supplement upon request by contacting the Agent (c/o BMO Capital Markets Corp., Attention: Equity Syndicate Department, 3 Times Square, New York, NY 10036, or by telephone at (800) 414-3627, or by email: bmoprospectus@bmo.com).

The Company expects to use the net proceeds of the Offering, if any, together with the Company’s current cash resources, to develop and/or improve the Company’s existing mines and to add to the Company’s working capital.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About the Company

First Majestic is a mining company focused on silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. The Company presently owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, the La Parrilla Silver Mine, the San Martin Silver Mine and the Del Toro Silver Mine. Production from these mines are projected to be between 12.0 to 13.2 million silver ounces or 20.5 to 22.6 million silver equivalent ounces in 2018.

Buygold-I agree-I was thinking of adding some JNUG here–pullbacks have been rare as hens teeth lately in PMs

Posted by Richard640 @ 13:09 on December 28, 2018  

Am I over thinking this too much? I’m not giving up my PM longs….

Posted by Richard640 @ 13:07 on December 28, 2018  

R640 – Concur

Posted by Buygold @ 13:07 on December 28, 2018  

Any trade deal with China is a long way from here. Rumors will drive the algo’s no matter what really happens.

I’m treating this pm share pullback today as a buying opportunity.

Color me stupid!!!

I Wanda….Phoney China trade resolution to be sprung on the markets…?? What say YE fellow forum members?

Posted by Richard640 @ 13:00 on December 28, 2018  

STOCK BEARS BEWARE–take profits now and prepare to sell the rally following the China announcement–THAT will be the final top-also PMs will crash setting up the last chance to buy them cheap in our lifetimes-[??]

Trump Administration Asked Top Hedge Fund Investor For Advice How To Halt Market Rout=

The investor was said to tell the official to tell the president to end his criticism of Powell on Twitter, stop administration turnover and reach a trade deal with China in order to help markets.

Confirming once again that all that matters to the current administration is the market, CNBC reports that a high-ranking Trump administration official reached out to at least one notable hedge fund investor for advice on markets after the record Christmas Eve rout, which saw all major US indexes tumble more than 2 percent as rumors swirled that President Donald Trump was contemplating firing Fed Chair Jerome Powell.
It is unclear who the “well known” investor was.

Ipso – I hope they do to

Posted by Buygold @ 12:57 on December 28, 2018  

but we’ve also been hoping the same for the American public. I don’t know, it’s just amazing to me that the western globalists are so hell bent on war and destruction.

I saw where Israel has now given a port to the Chinese. How does that make any sense considering the Jewish influence in the US? Are the Chinese the next globalist hope to take America’s place in the new world order?

I see the scum has decided that no way the HUI gets above its 200 dma before the end of the year. Too bad because the metals are doing OK.

Buygold @ 10:33

Posted by ipso facto @ 10:57 on December 28, 2018  

I hope the German people come to their senses. Kumabaya doesn’t happen when cultures are so dissimilar, when the migrants think your women are fair game for rape etc.

Smart move by the Kurds …………………… PS Eff Erdogan

Posted by ipso facto @ 10:54 on December 28, 2018  

US Troops Out, Syrian Army In: Kurdish City Handed Back To Damascus As Turkey Poised To Invade

After days of Turkey mustering huge military forces poised to enter the northwestern Syrian Kurdish town of Manbij, and just as American advisers have pulled out of the area based on Trump’s broader Syria draw down, what many analysts saw as impossible throughout seven years of war has suddenly happened: the de facto autonomous Syrian Kurdish region has formally invited the Syrian Army to take control to prevent the invading Turks from seizing it.

Damascus has now confirmed government forces have entered Manbij in a move likely to stave off a full-scale Turkish offensive. An official statement said government forces were already entering the city in what is among the most historic moments signalling Assad is likely to take back all of natural Syria: “Considering the Arab Army’s duty and in a response to a call by the people of Manbij, the Syrian general staff announces that the Army has entered Manbij and raised the flag of the Syrian Arab Republic there,” the statement cited by Syrian media said.

https://www.zerohedge.com/news/2018-12-28/us-troops-out-syrian-army-manbij-handed-back-damascus-turkey-poised-invade

Hey Ipso

Posted by Buygold @ 10:33 on December 28, 2018  

Thanks for the response. It really is amazing how “up in our grill” the globalists have become. No worries about telling the people the truth. They must think they have enough support from the dumb downed populace, although I’m not sure the Germans, French or anyone else in the EU will be too happy about having an army and a potential new war.

So the SM has rolled over. Should be interesting to see how our pm’s hold up on the last day of the year.

Buygold @ 9:13

Posted by ipso facto @ 10:19 on December 28, 2018  

Wow Angela has even more effed up ideas than I thought! Sad for Germany to have leaders like that.

I hope this one works out for them

Posted by ipso facto @ 10:15 on December 28, 2018  

Aurcana Completes Acquisition of Ouray Silver Mines

https://finance.yahoo.com/news/aurcana-completes-acquisition-ouray-silver-140000000.html

Well shucks

Posted by Buygold @ 9:58 on December 28, 2018  

This is turning out to be a “better than expected” day so far.

Winedoc – where you be man? I need someone to converse with! I get it though, you’re probably working and helping people in need.

 

Merkel the globalist might be even more nuts than me

Posted by Buygold @ 9:13 on December 28, 2018  

doubt it…

Angela Merkel: Nation States Must “Give Up Sovereignty” To New World Order

There were [politicians] who believed that they could decide when these agreements are no longer valid because they are representing The People But the people … are not a group who define themselves as the [German] people.” – Angela Merkel

Not sure I get to open the can today….

Posted by Buygold @ 9:00 on December 28, 2018  

gonna take some heavy lifting in pm’s or the SM may have to give up the goose

So, we’d need a 700 pt. decline in the DOW to finish even on the week for them – not sure that will happen but maybe the SM can rally for a few more days into the New Year.

SM shorts must be scared out of their wits at this point.

SLV approaching its 200 dma @ $14.51 for the first time since June, I gotta think they’ll try to keep it contained, plus approaching overbought

Morning Goldie

Posted by Buygold @ 7:55 on December 28, 2018  

Yeah, I just thought it was interesting that a mainstream CNBS guy would even mention it, but you’re right, he didn’t predict where it was going.

If you look at most of these pm shares, they really haven’t rallied that much. The HUI is still being held in check by it’s 200 dma

This is almost a carbon copy of last December which was a good move into the end of January but after that things fell apart for the whole year. Really hoping we don’t repeat that.

Buygold

Posted by goldielocks @ 5:08 on December 28, 2018  

I gotta get one of those cans but I’d probably blow my fingers off or something worse.
I’m trying to stay away from the emotional aspect to what it was “supposed” to do vs to what it does.
Yeah I heard some commentator earlier talking about buying gold but never do I hear them talking about it before hand when you see it’s gonna move. Just shows they can’t really predict anything just react after it’s been moving up. For some reason the yen is still following it like their stuck together. I really don’t like that because at some point they won’t want the yen to go parabolic. Hope they’re able to seperate from it.

Silver Train

Posted by Maya @ 3:34 on December 28, 2018  

rrflasher-copy

Silver is flying!  The Empire Builder flies over the Washington Mountains.
http://www.railpictures.net/photo/681825/

 

I would be remiss if I didn’t dedicate a neighborhood chap of Portugeezer’s. I saw Lenny commenting on an upcoming Alan Parsons album 2019

Posted by macroman3 @ 0:08 on December 28, 2018  

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.