Loading ...These mkts are getting really vicious.
Silver coming back
nicely, so goes silver, so goes the pm shares. SM be damned.
If one of these Friday’s ever turns into a Monday crash, who really wants to be out of gold?
Morning Maddog
We kind of have the USD working against us today, course if it were down and the SM were down it might not matter because as you say the scum is busy at work.
Would like to see us recapture $1750.
Picked up a little RGLD @ $116.75 for a flip – find out if that was a mistake or not before this day ends.
Happy days for the scum
they now have PM’s trading tick fore tick with the SM…the Algo’s will now just follow the SM and virtually any danger of an Arb developing is gone.
Now they just can concentrate on supporting the SM when they want to.
FLORIDAGOLD
Very best wishes for you to overcome this health adversity. God Bless and get well soon!
Buygold re: MUX
I don’t know how much the covid thing has disrupted their operations but I sure hope they have a decent quarter coming up. I think the next quarterly report will be the decider for me.
9.75% is not cheap money! At least the gold price should help them.
Cheers
PS LOL MUX up today.
Ipso re: MUX
Saw your post yesterday about Sprott’s involvement and got excited until I read the article.
Looks like a good deal for Sprott loaning them $50 million at 9.75% – not so much for MUX though.
Really makes me wonder if McEwen is in trouble or running out of easy gold in those mines. He desperately needs some good news.
Harmony Gold raises $200m to buy AngloGold assets
Harmony Gold (JSE: HAR) (NYSE: HMY) said on Thursday it had raised $200 million from a planned shares placement to partially fund its acquisition of rival AngloGold Ashanti’s (NYSE: AU) (JSE: ANG) assets in South Africa.
The Randfontein-based gold producer issued more than 60 million new ordinary shares at a price of 57.50 rand apiece on Wednesday. Harmony said it represented roughly 11% of its issued ordinary share capital before the placing.
The company agreed in February to buy AngloGold’s Mponeng mine, the world’s deepest gold mine, as well as its Mine Waste Solutions assets for about $300 million.
Buygold
” “Try to be kind rather than right”. I think we can be both.”
Sounds good to me.
Morning Ipso
I’ve said and written so many words, sometimes harsh and many on these pages that have been meaningless and unnecessary that I regret now and always will. Words do mean things.
Wayne Dyer once said “Try to be kind rather than right”. I think we can be both.
In light of locust devastation in Africa and now Argentina this sizable crop is good news.
“Hard To Build Bullish Argument” – Corn Futures Pummeled On Prospects Of Bumper Crop
Buygold @ 7:55
New like that puts the world in perspective. Much of what we do and say is so unimportant. Our friend Floridagold is in trouble and THAT IS IMPORTANT.
Prayers for you Friend, Florida.
Not shabby
Roxgold Drill Program Returns 20 Metres at 28 GPT Gold in Ancien Deposit at Séguéla Gold Project
https://finance.yahoo.com/news/roxgold-drill-program-returns-20-100000258.html
Floridagold – my old friend
Sorry doesn’t sort of do justice to how I feel about what you’re going through. The years have gone by so quickly as we’ve typed words on this site. Now all of those words seem meaningless.
Godspeed old friend.
Finally Mattis gets his comeuppance
Former Marine Corps Judge Advocate and State Department attorney John Dowd wasn’t happy with recent remarks by General Jim “Mad Dog” Mattis regarding President Trump’s handling of the riots. The former Secretary of Defensewent public with his displeasure towards the President, echoing Democratic talking points while embracing the leftist mentality of supporting protesters and defying law enforcement.
Dowd sent a letter to Mattis. He apparently copied President Trump, who subsequently posted the blistering letter on Twitter (transcript below):
Jim,
I slept on your statement and woke up appalled and upset. You lost me. Never dreamed you would let a bunch of hack politicians use your good name and reputation—earned with the blood and guts of young Marines. You did what you said you would—engage in this discourse.
Marines keep their word.
The phony protesters near Lafayette park were not peaceful and are not real. They are terrorists using idle hate filled students to burn and destroy. They were abusing and disrespecting the police when the police were preparing the area for the 1900 curfew. Jim, this is the new nihilism. See Dan Henninger in WSJ today.
Marines support the police in harm’s way.
Did you forget that President Bush used active duty Marines to quell the riots in LA? President Trump has countless cities and some snowflake governors and mayors wetting themselves in the use of force to protect innocent lives and property. The AG of Massachusetts thinks burning property is good protest. Three more policemen were stabbed and shot in NYC last night. Think about it. Should he be upset about the obvious failure in leadership? Where are you Jim?
Marines go to the fight.
No one divided this country more than Obama. He abandoned our black brothers and sisters. He gave guns to the cartels. He apologized for our precious sacrifice and generosity overseas. You remember, he fired you.
Our latest episode of the NOQ Report Podcast…
President Trump has done more to help our minority brothers and sisters in three years than anyone in the last fifty. Ask the black pastors. Ask the leaders of the black colleges and universities. He got them funded. Ask them about the prison reform which ended the draconian sentences imposed on young black men by the law enacted by Biden and his hacks. You need to bone up on your homework and stop listening to Uncle Leon.
I understand, you had to stick to the assigned narrative which did not include three years of corrupt investigations and evidence to destroy this President, his office, and his lawful free election. Nancy has no tolerance for dissent in the ranks—including those with stars.
You said nothing of the ugly, hate filled, disgraceful comments of Pelosi, Schumer, Perez and other Democrat hacks defaming the President and his office. You said nothing of the unlawful sanctuary cities and the unlawful release of hoodlums. You said nothing of the resistance movement to paralyze our courts and our government operations. You said nothing of the obstruction and subversion of our immigration laws. You said nothing of MS-13 killers and the drug cartels who own huge sections of our major cities. Jim, do you think that rhetoric and those corrupt actions were inspiring and unifying? Do you think the DI’s at Parris Island would find such behavior as unifying?
Maybe, your problem, is a lot deeper. Perhaps you ought to explain how and why you (and John Allen), as CG Central Command, did not engage and take out Iranian Major General Soleimani who roamed the Middle East and wreaked havoc and death on our American boys with his infamous IEDs?
Why did it take President Trump to have the instincts and balls to take him out (of course over the objection the geniuses in the Pentagon)?
Looks like the Persian mullahs were a one horse sleigh and Trump nailed the horse… forever. It has been quiet ever since. Perhaps, your anger is borne of embarrassment for your own failure as the leader of Central Command. Did you applaud when the President recognized the central problem in the Middle East? Did you applaud the President when he wanted to save American lives by bringing them home in one piece?
John M Dowd
What Dowd said about Jim Mattis is what America needed to hear. President Trump has been justified in his decisions, from taking out Soleimani to pressing for these senseless riots to end. Mattis is a Democratic operative, a verbal rioter, and part of the “Resistance.”
Tammy and I discussed this in more detail on the latest episode ofConservative News Briefs.
Coffee with Floridagold
Best regards and please have a speedy and complete recovery
Winedoc
Maddog–Thanks for that–I have been saying the same thing for a long time=all the joy and
satisfaction will be gone from going out to a bar/restaurant what with the spacing….the masked waiters…or NO waiters as the customer is required to order remotely….as u say restaurants can’t survive at 50% capacity…
MOST IMPORTANTLY=the Center for Disease control said there were 50 million cases of flu in 2019 and 22,000 deaths…s0 logically, the world should shut down at least 4 months every year…better yet–since diet causes 99% of disease, all restaurants should be closed except “health food” ones–eliminate the meat industry–the booze industry–all dairy products except low fat organic yogurt….etc etc
Floridagold – Just now catching up on posts-VERY sorry to hear of your health issues !
One of my treasured memories was having dinner at Billy’s Tap Room in Ormond Beach with you a few years ago . You are in my prayers now . You have my email address , if you need errands run , etc. , please ask .
R640
Dunno about in the US, but in the UK now we are re-opening, business’ are finding that the regulations/controls are so onerous, they may as well not bother.
People are becoming very depressed, now that may be unique to UK, as our government is just unbelievably stupid , Our hospitality and High St business are damn closed down forever, there are going to be massive lay off’s …unemployment is about to explode .
All that is keeping the show on the road, in the SM, is the Rig.
