Buygold
Shares not being spanked……that depends on what u have….Bt some PAAS recently…down 4 % tdy …so far.
Have gone all round my car and can see no sign of running over either a priest or a nun !!!!!!
Hey deer79
Good to hear from you. Of course nothing I say is news to anyone here, we have some folks that are a lot smarter than me – that’s for sure!!
Agree, the game seems to be a lot of the same old stuff although considering the spanking the metals are getting, it doesn’t appear that the shares are getting crushed all that much.
MUX is holding up nicely for me this morning.
As you already know, the shares have to lead the metals if we’re going to have a real rally. I like the way they are acting so far but my opinion is worth nothing and is always subject to change. 🙂
Buygold
I always appreciate the daily insightful comments.
Looks the same old playbook, but just a bit more muted on the strength of the moves.
A range between $1300 and $1345? What will be the catalyst to break out of it?
Capt. Hook
Agree with most of what you said in terms of the banks owning the miners etc.
I guess I’d like your definition of “doomsday” and “true value”
If we’re holding phyzz betting on a nuclear event, then that’s probably a losing bet. If we’re holding based on a worldwide financial crisis or a USD crisis then I’d think we’re on the right track.
If it is true that Russia is controlling the palladium market by withholding supply thereby squeezing the paper players then I suppose we have a decent chance for the same to happen with pm’s?
I don’t believe there will ever be a nuclear war. Financial war yes, nuclear no – everyone including the elite have just too much to lose.
Alex Valdor
VIVA THAT SENTIMENT
Because unfortunately the effing ETF speculators will never go away.
And getting the idiot PM producers to withhold production when they owe the bankers shit tonnes of money (whatever you want to call it) is the problem.
It will never happen.
So physical will only be worth it’s true value in a doom’s day scenario.
Sleep well.
Cheers
NEM & GG
bucking the trend this am. Not sure why really.
NEM did declare a $.14 dividend but that was yesterday’s news.
Ororeef- re: your post at 11:50 yesterday
Was a wakeup for me . The clue is Russia . Russia controls most of the world’s production of Palladium , and simply stopped playing the bankers’ game by withholding the supply of it . A classic short squeeze on the paper game .
If the gold and silver miners would stockpile production for a few months , the paper game would crash . Already China and Russia are taking delivery of G&S , and we are seeing the beneficial effect in pricing of physical .
To steal a phrase from the old Vronsky site and bring it up to date : VIVA $5000 !
… or, (Be Still My Heart….) VIVA $50 000 !!!
Gold Train
Steaming up the Michigan woods,
it’s a double-header on the Huckleberry!
http://www.railpictures.net/photo/687479/
“Bear markets never, ever, ever begin when the A/D line is making an all-time high.”
In other words, the last time the A/D reached this exact same level (September, 2018), is when the bear market started:
Who is writing this shit, Stevie Wonder?