Both my long shot nags coming on strong…MUX with a 5% gain and CDE with a 4.7%
https://finance.yahoo.com/quote/CDE?p=CDE&.tsrc=fin-srch
https://finance.yahoo.com/quote/CDE?p=CDE&.tsrc=fin-srch
Both my long shot nags coming on strong…MUX with a 5% gain and CDE with a 4.7%
https://finance.yahoo.com/quote/CDE?p=CDE&.tsrc=fin-srch
https://finance.yahoo.com/quote/CDE?p=CDE&.tsrc=fin-srch
Fed Raise rates !!!!
Check out the 5 yr and the 2’s..the 2’s are down 6.14 % today, to new lows on this move…..they’re heading for 0.00 % to minus…
The one sure fire investment winner is shorting Gold here…or dumping what u have and shorting….
its not gonna happen..Not with the party in power running for a second term ! SOOOO
we got two years of GOLD BULL ,maybe three .To hell with inflation until then…
Trumps not the guy the fed WANTS TO ARGUE WITH ! HE AINT JIMMY CARTER or a Bushie
closer to a REAGAN mixture with Teddy Rooseveldt …Rooseveldt and Trump were accidental Presidents ,not Party guy…mucky mucks…..
Interesting body language from J.Powell on tv .He was almost apologetically emphasizing HE was “independant “….yeah right ! not with Trump in the WH.
It must be a real horror story though.
Still they will be fighting pretty much the entire world soon…the Chinese ain’t happy campers, now that Xi has said he is in for life, one place they can put some money is Gold, as so far Xi and Co approve of that…..and we have yet to see ANY buying from the West.
Scum P & L??
There are layers upon layers of corporate entities designed to absorb whatever losses they may have. Additionally, they own the IRS and auditing authorities, so nothing would ever dare be reported. Lawyers lined up to hide whatever activities they engage in. Who has the resources to ever challenge? No one, not Jones, not Buffet, no one. The Gov’t sanctioned theft has unlimited resources. Can’t fight big brother.
Gold goes up when some country or group of countries can mount a challenge to the USD.
That “when” assumes all the Rothschild owned Central Banks aren’t in cahoots.
for some reason the SM hasn’t gone ape up…this may be a worry to the scum. No doubt they will ram it up very soon.
What is just insane is that somewhere there is the scums PM P&L….I can’t imagine what the loss is showing…but of course it may be offset by all the S&P futures they have bought over the decades….
Let’s not get too happy.
We’ve seen them crush us before when a Fed chair opens his yap.
Yes and the big drop in the buck isn’t doing jack for the metals – as usual it underperforming.
watch what happens to Silver & GOLD Bankers ? Who are they ? WELL,; they are the money Lenders to the Mining companies AKA “ROYALTY” companies like FNV,WPM,RGLD,SAND,OR,
Why them..its because they GET PAID in BULLION real SILVER real GOLD..not PAPER .ALL their expenses were paid UP FRONT ….what comes in as prices rise is all Profit ! with NO further expense .. THEIR profits will be leveraged at least 10 X NOW thats whats different about this bull market ,you think Gold & SILVER were good in the 1970,s ? That was before Royalties were invented !
YOU AINT SEEN NOTHIN YET !!!!!
In my opinion Royalties are like Perpetual CALL OPTIONS ..think about that !
The premium for the CALL was paid up front !. The time is perpetual and in addition any future finds are INCLUDED at NO COST in all the Contracts that Iv seen….! FOR the LIFE of the MINE !
If im right a company like WPM ,FNV or RGLD will sell at least $1000 per share !
A Perpetual CALL option,with premium already paid ,life of the mine with future finds included …whats not to like ?
I need this trade…if it works, I’m going to satisy a long held wish=I wanna be buried in a Mahogany casket…
Ha Ha! I didn’t even have time to finish this and the attack is on…rats!
doing this, the more questions will be asked….they may yet ruin ALL mkts and then there really is a problem, if the public lose all trust in what they see.
Great calls….seems we need permission from the Big Boy, before we can rally….poor old Draghi just don’t cut it….
have Viagra chart action now!And just like that its cigarette time.drat
I been watching Silver ,and noted its been running along with the ZERO coupon Bond to some extent ,but then I recently was reminded by James Turk post at King World that Silver is also RUNNING along with SOYBEANS just as it did back in the 1970-,s .I check it out and sure enough he was right..It seems like the us OLDER GUYS have pretty good memories ..like 36 years ago !
I love your MUX out-of-the money call bet! The float of outstanding shares in MUX is 264 million. 18% of the float are REGISTERED short (could be even higher).
A risk of $500 vs. a huge upside reward is a no-brainer in my book.
Gold back above $1,350 – you can’t help but be impressed its resiliency given the battle raging on the Crimex today…
FilledBuy to Open 100 MUX Jul 19 2019 2.0 Call Limit 0.05—-12:40:11 06/19/19
https://finance.yahoo.com/quote/MUX?p=MUX
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“all dressed up with nowhere to go”….we have all known about the rig–it is real and it has been around for years…but still there have been rallies like in 2016…but they are occurring less frequently…and have less amplitude…hopefully we will get what Murph calls a signal failure and the bad guys will be carried out on stretchers…
The COTs last week were a horror show but they too aren’t getting much bang for their buck…I am looking for a 50 or 100 buck upday–maybe today–but by the close on Friday.
This Dollar chart shows a much higher Dollar from five years ago, from 80 to the 100 area. Note the manual abruptly high dollar adjustment in mid 2014.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1
This Gold chart below shows Gold at the same price as five years ago. Gold had no net loss over 5 years even with a higher dollar. Suggesting Gold would be a lot higher today if the Dollar was not so high.
Note the inverse Gold drop after the dollar was adjusted up in 2014. Also note Gold’s correction and rock bottom in late 2015 early 2016. Recovering with a higher dollar.
Just over lay GLD on a UUP chart to see it. Dopey up 4.3% Gold up 12%.
Much appreciated !
i just got back to my computer from a couple weeks of camping in the desert (northern new mexico, northern arizona, southern utah.) a while away from computer screens and electronics in general is great for peace of mind and spiritual renewal.
it looks like i left things in good hands while i was gone. silver up a little, gold up a little, hui up a little.
nice work, guys.