Around 99.25 on the index and 98.45 now. That’s a decent size drop. If we get a few more days or weeks out of it, it should give us a strong tailwind. Gold was going up all along with a strong dollar headwind.
Portugeezer @ 12:32
Looks like the neocons and Trump and going to pressure the Iranians until a war is started.
Buygold–shares have been dead but they may be starting a move–look. at the spike on the HUI
https://finance.yahoo.com/quote/%5EHUI?ltr=1
Oil’s up 2.52–even the grains are green–platinum has moved. up–are we starting commodity inflation. at. long last??
Just got a mini-spike
that took spot above $1550 – appears to want to hold for now.
Maybe that will light a fire under these shares.
Buygold
Personally, I’d rather not have the likes of CNBS discussing pm’s until gold is above $2K and silver $40
Totally agree…..
As for scum…I see that because Silver is ‘only’ up 1 %, that PAAS and SSRM are both Down !!!!!
Poll Results …
Should the US institute a naval blockade of Venezuela?
no (87%, 33 Votes)
I don’t know (8%, 3 Votes)
yes (5%, 2 Votes)
Total Voters: 38
treefrog, Maddog
They’ve got their boots firmly on the neck of NEM to keep the HUI in check.
Likely quietly positioning themselves for liftoff which is why we’ve heard very little about pm’s.
Personally, I’d rather not have the likes of CNBS discussing pm’s until gold is above $2K and silver $40
maddog,
it’s happening in the cone of silence.
treefrog
It doesn’t help the shares, that barely anyone knows this is happening…..I have not seen 1 article/comment in our MSM about PM’s, on this run.
gold/silver ratio
eighty in the rear-view mirror.
shade-finger
the scum are still trying to cast the stink-eye on the hui.
Gotta love it
Scum had every opportunity to attempt a waterfall decline this am and we’re opening strong.
Reminds me of every day in the SM over the last 8-9 years. Beautiful to watch.
Maybe the dollar matters a little after all – unless it’s up…
These guys have been one of my winners (few so far)
Teranga Gold Starts Production at Wahgnion Gold Operations Ahead of Original Schedule
https://ceo.ca/@nasdaq/teranga-gold-starts-production-at-wahgnion-gold-operations
Down the rabbit hole. How can this be legal? Is it the end of private property in Great Britain?
Labour Scheme Would Force UK Landlords To Sell Homes To Renters At Below-Market Prices
Wait! There’s more:
“Another idea of McDonnell’s, according to The Independent, would be plans for “inclusive ownership funds,” by which corporations employing over 250 people would be required to give all employees 10% of their shares. The Financial Times and law firm Clifford Chance say that the scheme would result in the forced distribution of “£300bn worth of shares in 7,000 large companies” to workers in what would be one of the largest wealth transfers in the history of Western democracy. “
Take. heart me hardies!=Lotsa reports this week-especially friday–it ain’t over till it’s over…[snort]
ADP® will release the August findings of the ADP National Employment Report, ADP Small Business Report and ADP National Franchise Report on Thursday, September 5, 2019 at 8:15 a.m. ET.
Wednesday Sep-04 | International Trade Balance Motor Vehicle Sales |
Thursday Sep-05 | ISM Non-Mfg Index Factory Orders |
Friday Sep-06 | Monthly Employment Report |
Morning Maddog
Yeah, they sure seem to be able to manipulate the futures at will, especially after a down day. Anyone caught short from the previous day is hosed.
USD weaker this am, but rates are up and that’s all that matters to gold at the moment.
As usual the lackluster performance of the shares yesterday was probably the tell that they would be defending $1550.
Silver Streak
Silver is a Beast, ready to fly!
https://railpictures.net/photo/439213/
https://railpictures.net/photo/230602/
scum in
SM has done a Lazarus and is calling Dow plus 250, Dollar/Yen gets bid and of course Gold is under the cosh…….no idea of news…maybe there is some maybe it’s just the scum.
Ron Paul
On The Media Censoring Tulsi Gabbard
When asked about the media’s coverage of his 2008 and 2012 Presidential run, Paul also noted that he thought Tulsi Gabbard was not getting a fair shake.
“She’s not getting a fair shake, but she has to realize that she’s in a hornet’s nest. She dramatizes how badly the progressive democrats have drifted away…”
“I think she should just put her head down and say what she believes, because she will reach people outside of Democratic circles…”
“I think she has been attacked and mistreated maybe more than I was…”
right, buygold,
when? and how high? …why? that can wait. actually they all can wait. we will all see as it unfolds.
evening shift…
metals prices moving up in early asian trading, silver taking the lead.
Real money looking good tonight
at least so far, so good.
When someone figures out the “why now” please let me know.
OTOH, if it keeps going, I can wait to know why. 🙂