Posted by goldielocks
@ 23:54 on September 9, 2019
I remember you. Gold has been going up, hit its first target. Hopefully it will also hit its next.. before a couple of years from now anyways so I’m watching.
Treefrog,you get around. First thing I thought before I read your post is where is that dogs little boots. You know they have designer cloths for those little ones.
Posted by treefrog
@ 23:03 on September 9, 2019
ms spot pucci says, “all right already, take your stupid picture and let’s go! you guys have shoes but i’m barefoot. this white crap is COLD!!”
Posted by Aguila
@ 22:46 on September 9, 2019
It’s only temporary my tent friends — We know what will happen, we just don’t know when. It’s so revealing to see the scumbags breaking the law without any fear of retribution.
Puptent welcome back.
Posted by puptent
@ 21:14 on September 9, 2019
Thanks fully for renewing my membership. Now that gold and silver are going up I want to read what the tent has to sat
cheers
puptent
Posted by Richard640
@ 19:57 on September 9, 2019
Starting with gold’s 6-month chart, we can see that it doesn’t look too bad – yet, but if we look more closely we can see that it is on the point of breaking down from the rather steep uptrend in force from late May, with it having dropped back on quite high volume the past 2 trading days, and it is noteworthy that Thursday’s drop was the biggest 1-day drop for a long time, making it more likely that it signals a reversal. In addition, the MACD indicator shows that momentum is starting to flag
So, how far could gold react back? It happens more often than not that after a price breaks clear out of a giant base pattern, as gold did from its giant complex Head-and-Shoulders bottom or Saucer base shown on our 10-year chart, that it then returns to test support at the upper boundary of the base pattern before turning higher again. That could happen again and it would throw a lot of investors in the sector who are now of the view that we are “off to the races”. So, if it does react back that far don’t be dismayed – on the contrary it would throw up one last great buying opportunity
We have had a rather unusual situation in the recent past where the dollar and the Precious Metals have been strengthening together. This is because, in a risk off environment both have been considered safe havens. In a risk on environment this logic works in the other direction so that the dollar and the Precious Metals may both react back together. On the 3-year chart for the dollar index we can see that it is at a good point to turn lower, despite its still bullishly aligned moving averages, as its persistent gentle uptrend has brought it up to the significant resistance level shown.
https://www.kitco.com/commentaries/2019-09-09/Gold-market-update.html
Posted by Richard640
@ 19:42 on September 9, 2019
Biggest Inflation in the History of History Coming – Bill Holter
Holter says a failure to deliver is not a maybe but a sure thing. Holter says, “Whether it is this year or the first few months of next year, it doesn’t matter. It is going to happen.
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Holter is warning of a failure to deliver metal because demand is out-running supply. Holter says, “So far, this year . . . for gold, they have already EFP (Exchange for Physical) 4,200 tons just for the first eight months. . . . They don’t have the inventories to deliver. . . . The point being that is 4,200 tons in eight months. The world only produces 3,300 tons (of gold a year) and if you take out Russia and China, which do not export (gold), the whole total for the year is 2,800 tons. So, it looks like we are going to end up with 6,000 tons of gold EFP demand for delivery in a world that is only producing 2,800 tons. In silver, it’s worse. In silver in the first eight months, there has been 1.6 billion ounces EFP. That number is going to end up to about 2.4 billion of silver ounces (EFP) and the world produces less than 800 million ounces a year. The bottom line to what all this means is there is going to be a failure to deliver. Once there is a failure to deliver, only the Lord knows what kind of prices we are going to be looking at for gold and silver.”
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Holter says a failure to deliver is not a maybe but a sure thing. Holter says, “Whether it is this year or the first few months of next year, it doesn’t matter. It is going to happen. . . . I can basically guarantee there is going to be a failure to deliver, and that failure to deliver is going to unmask and scare the crap out of the entire fractional reserve banking system and the fractional reserve commodity system. The whole thing is going to come down in a panic because somebody gets a failure to deliver. . . . If you listen to what Trump is saying, he wants a lower dollar. How much of a lower dollar does he want? He’s talking about debasing the currency to make the debt payable. . . . That is the most palatable way for any government to pay debt and that is to debase the currency and pay it off in monkey money.”
Join Greg Hunter as he goes One-on-One with precious metals expert Bill Holter of JSMineset.com.
Posted by ipso facto
@ 17:28 on September 9, 2019
Posted by ipso facto
@ 17:27 on September 9, 2019
Maybe it’s time for Skeena to do something. I certainly hope so!
Impact’s been doing well since their trip under 20 cents. Probably some players with decent profits they’d like to take.
I’m ready for this correction to be over!
Posted by Buygold
@ 17:12 on September 9, 2019
R6 – Agree on ZH, not sure what their definition of “plunging” is but we certainly haven’t seen much in the way of plunging on the SM for quite a while now. The day that ZH actually posts a potentially bullish article on the SM is the day that the SM may go down and actually correct.
Ipso – Nice hits for Skeena, was wondering if they were worth throwing a few bucks into. I see that Impact silver ISVLF – US is back below $.30. Probably worth getting back in for a few bucks.
Posted by ipso facto
@ 17:03 on September 9, 2019
Skeena Intersects 18.13 g/t AuEq over 22.65 metres in New High-Grade Vent at Eskay Creek
NR: 19 – 15
Vancouver, BC (September 9, 2019) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce the first gold-silver drill results from the recently initiated Phase I surface drilling program at the Eskay Creek Project (“Eskay Creek”) located in the Golden Triangle of British Columbia. The 2019 Phase I program is being performed with two surface drill rigs in the 21A, 21E and 22 Zones to infill and upgrade areas of inferred resources to the indicated category. Drillhole results reported in this release are from the 21A Zone. Reference images are presented at the end of this release as well as on the Company’s website.
Phase I Eskay Creek 21A Zone Drilling Highlights
•SK-19-052: 16.52 G/T AU, 73 G/T AG, (17.49 G/T AUEQ) OVER 7.54 METRES
•SK-19-055: 28.38 G/T AU, 1 G/T AG, (28.39 G/T AUEQ) OVER 5.83 METRES
•SK-19-057: 17.38 G/T AU, 113 G/T AG, (18.88 G/T AUEQ) OVER 18.50 METRES
•SK-19-058: 17.93 G/T AU, 15 G/T AG, (18.13 G/T AUEQ) OVER 22.65 METRES
more https://www.skeenaresources.com/news/skeena-intersects-18-13-g-t-aueq-over-22-65-metres-in-new-high-grade-vent-at-eskay-creek
Posted by ipso facto
@ 17:00 on September 9, 2019
Americas Gold and Silver Announces Strategic Joint Venture with Mr. Eric Sprott at the Galena Complex
TORONTO, ONTARIO – September 9, 2019 – Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, today announces a strategic joint venture agreement (the “Agreement”) with Mr. Eric Sprott to recapitalize the mining operations at the Galena Complex, located in the Silver Valley of Northwest Idaho.
•The strategic joint venture – expected to be 60/40 Americas/Sprott respectively – will allow Americas to increase development, modernize infrastructure, purchase new mining equipment, and target exploration below current operating areas with the goal of positioning the Galena Complex to significantly increase resources, production, and reduce operating costs at the mine over the next two years.
more https://www.americas-gold.com/news-releases/2019/americas-gold-and-silver-announces-strategic-joint-venture-with-mr-eric-sprott-at-the-galena-complex/
Posted by Alex Valdor
@ 16:53 on September 9, 2019
I have been having trouble accessing that site for some reason , for some time…maybe two or three months the browser link didn’t work . Today I searched in earnest and was surprised , because I was used to seeing a higher price in Shanghai that here . I appreciate your comeback .
Posted by Richard640
@ 15:54 on September 9, 2019
the. rsi. on SAND—36.7– is at a kinda historic [recent]. low going back to the end of May when SAND. was. about. $4.80 [last $5.71]
https://stockcharts.com/h-sc/ui?s=sand
The RSI on. Jnug is 42 which goes back to about June 1st when JNUG was $45. last. trade $72
Posted by goldielocks
@ 15:42 on September 9, 2019
Lol on the dear. Last year my neice there got some serious car repair over that.
This is her Dad, my brothers back yard in Wisc.Has his own fishing lake and with deer could survive. But he suddenly died a few month ago. Hope his wife can make it without him. She’s tough though.
Posted by Richard640
@ 14:14 on September 9, 2019
Posted by ipso facto
@ 13:41 on September 9, 2019
Posted by Richard640
@ 12:55 on September 9, 2019
Stocks Are Suddenly Plunging
[but they are not plunging and europe is barely down-jeesh! Maybe it. is a turn but wait until the down is down 200-400 pts…that’s a plunge]
Having squeezed higher overnight and accelerated after the US open, it appears the catalyst for the sudden dump in US equity markets is the European market close.Nasdaq futures illustrate the technical nature of the move best as the drop erases the sudden spike at the US open on Friday (after payrolls missed)…
Posted by Buygold
@ 12:37 on September 9, 2019
Metals starting to reverse higher, shares moving up with them.
Maybe we have a chance here.
Posted by Richard640
@ 12:33 on September 9, 2019
I am getting a medium strength R640 buy. signal on JNUG—its RSI is 40.5—the same as it. was in late June…crimex gold is down .4% & JNUG is down 7.7%…I doubt that I would nibble here cause I. doubt a V bottom is nigh…but I am watching JNUG as a bell weather…if the RSI soon gets down to 30/35, I would probably open some positions for the next leg up…yes, I know, some pundits. I highly respect are calling for. a 4 to 6 week correction and 1420-1450 gold…some are calling for 1380…if stocks roll over the gold correction would [prolly]. immediately end.
https://stockcharts.com/h-sc/ui?s=jnug
The Trannies are up a huge 137 pts and the Russell is up 14–yet stocks look weakish and tentative…just more end game dystopian diagnostic clues…Normally I would. see their strength as a bullish divergence…the entire world financial superstructure is running on fumes…batten. down the hatches…secure the hurricane shutters…
Posted by mruk
@ 12:02 on September 9, 2019
Ipso, thank You, and All for having me! goldielocks, no I never attended a Packer game in Green bay, but I did see them in Milwaukee while they split up their venue. I also have some diehard friends that have chunks of the goal post from the ‘Ice Bowl ” game. It sounds like your Father was a well liked, and respected man, you were blessed as a daughter. Richard640 it almost seems that I took over, as I started frequenting the Minocqua area in 1957. I didn’t get to ride a ” camp train “( that would have been so cool ), my transportation was riding shotgun in the back seat of a 53 Plymouth, or 54 Ford, being on lookout for deer in the road, and the ever present ground fog that seemed to live in the dips of the twisting HWY 47. So it appears the three of us have some ” Golden Memories ” of our youth, and it is my hope that all the others on this site are blessed with them also. Side note… wouldn’t it be great if Mayo could find some pictures of that ” camp train “, or of some of the ” 10 mile long ” freight trains hauling pulp wood to the paper mills in central Wisconsin!
Posted by MetalsGuy
@ 11:33 on September 9, 2019
The chart has been like that for a few weeks now.
Posted by Buygold
@ 11:18 on September 9, 2019
We’ve bounced off the right spots, but we need to reverse and go higher.
Shares still don’t believe it.
Posted by goldielocks
@ 11:17 on September 9, 2019
I remember one camp but can’t remember where I was at the time due to a mild memory loss and near death and lost my ability to speak three languages but do remember us girls had to result in throwing rocks at the boys side sneaking in ours to keep them out.
Ps it was military training roughing it in tents for search and rescue traing though where they tended to be a little more cocky and daring. My dad was a golfer there at the country clubs but could hunt my other dad fished abd hunted and we got our own bird for the holidays and camped. Only thing I didn’t know was in Calif a lot of left over Mercury in the rivers from the gold rush days.
Posted by ipso facto
@ 11:15 on September 9, 2019
Posted by Alex Valdor
@ 11:15 on September 9, 2019
Looks like the PRC wants to raise the dollar exchange rate relative to gold , and accumulate physical at bargain basement prices ?