Posted by Ororeef
@ 13:10 on August 6, 2020
profits are up but stocks dot seem to be bid ,but miners are making big profits and THATS when prices cant be held back ! You cant short EARNINGS or dividends …thats an irresistible force ….Prices will no longer be the immovable object . At 0 yields only GOLD will be a investable place to be…
Markets are saying “SHOW ME” dont “TALK ” about it..this is NOT the DOW or S&P that lives in Fantasy land.SHOW ME THE MONEY !!
Posted by Ororeef
@ 12:52 on August 6, 2020
Metals |
Date |
Time
(EST) |
Bid |
Ask |
Change |
Low |
High |
GOLD |
08/06/2020 |
12:48 |
2059.60 |
2060.60 |
+20.10
|
+0.99%
|
2049.20 |
2070.80 |
SILVER |
08/06/2020 |
12:48 |
28.30 |
28.40 |
+1.35
|
+5.01%
|
27.80 |
28.53 |
PLATINUM |
Posted by goldielocks
@ 12:48 on August 6, 2020
Don’t know what’s going on with shares but maybe some are taking profits right now with nervous traders since it gets beat down in every move up. Gold broke through resistance so unless some cabal it should keep going for awhile even if there’s some consolidation or shake out attempt by the crooks. That’s trying to stay optimistic.
This bull dozing homes? Gotta be more than a virus that can’t live on surfaces very long and UV light can destroy it. First you money and freedom now you homes. Then do what they say or you won’t eat or have a place to live.
Are they going to bulldoze THEIR homes if they get sick? Including transportation? Your cars? The courts? The supermarkets? Hum afraid to ask, the churches?
Posted by Warren
@ 12:33 on August 6, 2020
Gold continues up in uncharted territory, silver flying along behind like nothing we have ever seen before and the miners are all red.
Heads need to roll here, not only for this silliness. Virus hoax, different rules for the elite bankers, complete negation of the rule of law. And all I see around me is people who are “all in this together” wearing their masks and thanking our leaders for …..??? All our political leaders need to be told in NO uncertain terms that we do not work for the W.H.O. The buggers are all singing from the same hymn book.
Posted by MetalsGuy
@ 12:24 on August 6, 2020
Totally fed up with the mining shares. I sold the last of my fr (ag) today.
Now they are free to go to the moon! ?
As I’ve sold off my shares I’ve been buying CEF and PSLV, and I’m all in.
Just feels a little safer.
GLTA
Posted by treefrog
@ 12:04 on August 6, 2020
gold up $18.30, silver up $1.20, but hui DOWN ?????
folks, there’s some friggin’ in the riggin’
this WILL unwind to the upside, but when?
Posted by Maddog
@ 11:49 on August 6, 2020
Carry on like this and the scums mates that trade with them, will be running for the hills ….who wants to be a dollar wrong in silver, in the time u visit the john.
Posted by silverngold
@ 11:48 on August 6, 2020
Posted by Buygold
@ 11:08 on August 6, 2020
eeos – that could be your put option opportunity if the banksters play by their usual rules.
No doubt the shares sure seem to indicate something to the downside is coming.
Posted by Buygold
@ 10:52 on August 6, 2020
Let’s see if we can weather it once again as we’ve done the last few days.
The shares have been under relentless attack as Maddog mentions. I guess the banksters will attack the only thing the have control over to keep a mania from coming into our small sector.
Apparently long metals, short miners is the play of the week?
Non-sensical of course, but when has our little group been subjected to anything that makes sense?
Posted by Maddog
@ 10:47 on August 6, 2020
Posted by Maddog
@ 10:34 on August 6, 2020
this also has the advantage of making sure day traders don’t get involved, as the action is awful and illogical.
Posted by Maddog
@ 10:29 on August 6, 2020
Posted by Maddog
@ 10:23 on August 6, 2020
looks like the scum have realsed they can’t short so much metal, as buyers are demanding it, so have decided to short the shares, in the hope the advance slows/stops.
There are no rules in the shares, so the scum can sell with impunity……today is insane in Silver. the metal is up over 5 % and most of the shares are now down after strong gap openings…….
Posted by ipso facto
@ 10:13 on August 6, 2020
Posted by Buygold
@ 10:06 on August 6, 2020
It’s been a long mostly depressing ride and what we see now seems almost too hard to believe – at least it does for me.
I’m also waiting for the other shoe to drop. If you look at the performance of the shares, they seem to be saying the metals are going to get smashed, but for some reason the metals don’t get smashed – they keep going.
Feels like some paper players are getting crushed, and the banksters have stood on the sidelines and watched.
Posted by ipso facto
@ 10:00 on August 6, 2020
Sorry to hear that. When Bojo first got in there I thought he’d be OK. Maybe the virus has addled his brain!
Posted by Maddog
@ 9:52 on August 6, 2020
Posted by eeos
@ 9:46 on August 6, 2020
So I’m riding it, but I hate it when they shoot my knees out. It’s conditional emotional reflex from all the BS we’ve put up with for 25 years now
Posted by Maddog
@ 9:46 on August 6, 2020
Bozo the clown has let the bureaucrats go mad, the mini Hitlers are going ape…talk in the undergrowth that he will be forced out v soon, as he is wrecking the entire country.
Posted by ipso facto
@ 9:28 on August 6, 2020
Posted by ipso facto
@ 9:19 on August 6, 2020
Posted by ipso facto
@ 8:45 on August 6, 2020
UK Gives Town Councils Power To Bulldoze ‘Contaminated’ Homes To Contain Outbreak
Britons were shocked and angered this week when an internal government guide meant to inform local councils and town authorities on possible strategies in dealing with rising coronavirus cases throughout the country explored scenarios wherein demolition of ‘contaminated’ homes would be allowed.
It’s unclear if the UK guide, called Covid-19 Contain Framework and produced by the Department of Health and Social Care, was intended to gain broad public circulation, given it contains what’s widely seen as oppressive overkill measures that are absolutely Orwellian and downright tyrannical in terms of the power assumed by local councils.
Here’s the headline in The Telegraph that went viral late in the day Tuesday: Councils can demolish contaminated buildings under powers to stop second coronavirus wave.
https://www.zerohedge.com/political/uk-gives-town-councils-power-bulldoze-contaminated-homes-if-outbreak-not-contained
Posted by Buygold
@ 8:42 on August 6, 2020
at some point we’ll get a nasty correction.
Here’s a “what if” for you. What if there is a particular or several particular players in the paper markets that have now made it known that they will only stand for physical delivery of silver and as a result, what we’re seeing is a scramble to get physical silver in large quantities around the world at any price? or now covering at any price?
Crazy times. I guess at some point AMZN and TSLA will correct too but there are graveyards full of put options from those who’ve tried.
Posted by ipso facto
@ 8:19 on August 6, 2020