Mr.Copper @ 15:21
Thanks Mr. Copper. I’m looking forward to them getting bought out.
Cheers
@ipso facto re your “Pure Gold Mining having a good day”
That looks good Ipso thanks. Its in north America, got decent market cap, I see a forward PE too. Here are some conversations about it.
Pretty impressive
with the last hour coming up.
USD keeps ripping higher but the metals and mostly the large cap gold shares are still holding their own.
Maybe we get the last hour smash but maybe not. SM sucks, fiat sucks, what do you want to be holding?
Mr.Copper @ 14:04 on September 8, 2020
You are exactly right,BUT a cycle will develop ,just keep a watch on it ..as agreements start to develop they will enter an agreement.! Then a simple cd denonmated in YUAN will yield 20% ..on exchange rate them reverse course …easy money while you get paid to wait …hehe
Maddog @ 5:02 . Thanks for that study on Covid case vs fatality rates. It again confirms that Covid 19 is being hyped to the moon while, if it exists at all, it is not even close to as deadly as the average annual flu.
But if you add to the mix crashed world economies, failed fiat monetary systems, digital currencies, experimental vaccines, 42,000 Elon Musk 5G technology satellites, and artificial intelligence implants……now we are painting a whole new collage….. and it’s one of the UGLIEST pictures I have ever imagined.
God help us all is my prayer!
Ororeef @ 13:52 Right, Dollar and Euro et al go opposite.
All the typical currencies are priced in US Dopey/Dollars, on the futures market. So they ALL go op[posite the Dollar. But we never see Yuan on that thing. The only way you can see the fixed Yuan in priced in Gold, USD and Yuan Gold is practically exact.
https://www.kitco.com/gold_currency/index.html?currency=cny&timePeriod=1y&flag=gold&otherChart=no
FYI Something Going On With TGB, Nice Steady Climb, So I just Bought Some
Maybe its a coming buyout? Or maybe higher Copper is helping it? I think all their mines are local. Not in Indonesia Mali etc.
It broke out on the upper side of a pennant formation:
https://finviz.com/quote.ashx?t=tgb&ty=c&ta=1&p=d
https://finance.yahoo.com/quote/TGB/community?p=TGB
Mr.Copper @ 13:03 on September 8, 2020 …..WE could enter an agreement with CHINA
like existed between the US & EURO …..opposite CYCLES that rotated currency ..I used to buy CDS denominated in EUROS ,then as the reversed currency trends ,I switched to US DOLLAR cd’s ..I made 20 % going each way even when the CD only paid 2 % interest .The currency exchange rate followed a NICE CYCLE . If CHINA would agree it could benefit both TRADING PARTNERS to enter an agreement..!like we had with the EURO for YEARS .I dont know if it was an official agreement ,but I noticed it and traded both ways with a simple cd…
LOOK at your own chart you posted the 2018 PEAK and TROUGH between EURO & DOLLAR I traded that for years ..nice easy money, no trading just buy the right CD opposite the dollar ,then reverse course…HEHE and get paid for waiting !
Started with a weak morning ,but turned up…
The Seasonal GOLD CHART heads up any any DAY NOW !……best Season of the year begins NOW ..stay the course !
FYI CANADA RESEARCH ROUNDUP-BRP, Canadian Imperial Bank
Securities analysts revised their ratings and price targets on several Canadian companies
CANADA RESEARCH ROUNDUP-BRP, Canadian Imperial Bank of Commerce, Toronto-Dominion Bank
6:18 PM ET, 08/28/2020 – Reuters
Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including BRP, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank on Friday. HIGHLIGHTS * BRP Inc : RBC raises target price to C$78 from C$66 * Canadian Imperial Bank of Commerce : TD Securities raises PT to C$120 from C$110 * Fortuna Silver Mines Inc : PI Financial raises to buy from neutral * Midas Gold Corp : PI Financial cuts to neutral from buy * Toronto-Dominion Bank : National Bank of Canada raises target to C$71 from C$68 Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order. * Auryn Resources Inc : PI Financial cuts target price to C$3.10 from C$3.15 * Battle North Gold Corp : TD Securities resumes with speculative buy rating * Battle North Gold Corp : TD Securities resumes with C$2.75 vs C$2.50 PT * Bluestone Resources Inc : PI Financial cuts target price to C$4.10 from C$4.15 * Bonterra Resources Inc : PI Financial cuts target price to C$2.25 from C$2.8 * Boralex Inc : Scotiabank cuts target price to C$38.75 from C$39 * BRP Inc : RBC raises target price to C$78 from C$66 * Brp Inc : TD Securities raises target price to C$85 from C$74 * Brp Inc : TD Securities raises to buy from hold * Canadian Imperial Bank of Commerce : BMO raises target price to C$110 from C$95 * Canadian Imperial Bank of Commerce : Credit Suisse raises PT to C$102 from C$95 * Canadian Imperial Bank of Commerce : National Bank of Canada ups PT to C$107 from C$99 * Canadian Imperial Bank of Commerce : RBC raises target price to C$110 from C$95 * Canadian Imperial Bank of Commerce : Scotiabank raises target to C$112 from C$111 * Canadian Imperial Bank of Commerce : TD Securities raises PT to C$120 from C$110 * Docebo Inc : Cormark Securities resumes coverage with buy rating; target C$56 * Docebo Inc : TD Securities resumes coverage with buy rating and target of C$60 * Endeavour Silver Corp : PI Financial raises target price to C$4.8 from C$3.7 * Ero Copper Corp : PI Financial raises target price to C$21.70 from C$19.50 * Excellon Resources Inc : PI Financial cuts target price to C$1.45 from C$1.5 * Fortuna Silver Mines Inc : PI Financial raises target price to C$10 from C$8.6 * Fortuna Silver Mines Inc : PI Financial raises to buy from neutral * Gogold Resources Inc : PI Financial raises target price to C$2.2 from C$2.15 * Great Bear Resources Ltd : PI Financial cuts target price to C$20.5 from C$21 * Great Canadian Gaming Corp : Cormark Securities cuts target to C$34 from C$35 * Gt Gold Corp : PI Financial raises target price to C$3 from C$2.9 * Integra Resources Corp : PI Financial raises target price to C$7.5 from C$6.75 * Jaguar Mining Inc : PI Financial raises target price to C$9.65 from C$8.5 * K92 Mining Inc : PI Financial raises target price to C$10 from C$8.25 * Mag Silver Corp : PI Financial raises target price to C$26.5 from C$25 * Metalla Royalty & Streaming Ltd : PI Financial cuts to neutral from buy * Metalla Royalty & Streaming Ltd : PI Financial raises target to C$10 from C$9.25 * Midas Gold Corp : PI Financial cuts to neutral from buy * Nighthawk Gold Corp : PI Financial cuts target price to C$2.95 from C$3 * Oceanagold Corp : PI Financial cuts target price to C$5.5 from C$5.75 * Pan American Silver Corp : PI Financial raises target price to C$54 from C$48 * Pan American Silver Corp : PI Financial raises to buy from neutral * Pinnacle Renewable Energy Inc : TD Securities initiates with buy recommendation * Pinnacle Renewable Energy Inc : TD Securities initiates with target of C$9.50 * Revival Gold Inc : PI Financial cuts target price to C$1.35 from C$1.40 * Silvercorp Metals Inc : PI Financial raises target price to C$10 from C$9 * Silvercrest Metals Inc : PI Financial raises target price to C$17.25 from C$17 * Superior Gold Inc : PI Financial cuts target price to C$1.1 from C$1.15 * Toronto-Dominion Bank : Canaccord Genuity raises target to C$64 from C$60.50 * Toronto-Dominion Bank : National Bank of Canada raises target to C$71 from C$68 * Toronto-Dominion Bank : RBC raises target price to C$69 from C$61 * Treasury Metals Inc : PI Financial cuts target price to C$2.05 from C$2.10 * Tricon Residential Inc : BMO raises target price to C$12.50 from C$12 * Tricon Residential Inc : Scotiabank raises target price to C$12 from C$11.50 * Victoria Gold Corp : PI Financial raises target price to C$23 from C$19 * Wesdome Gold Mines Ltd : PI Financial raises target price to C$14.3 from C$14.10
Ororeef @ 10:15 re your: “The DOLLAR is in a trap of its own making.”
My guess is the Dollar is in a short term temporary bounce, two weeks so far, and might even start dropping tomorrow. Keep in mind Dollar and Yuan are pegged. So dropping the dollar to help us export also helps the US corporations harbored in China, export from china too. In a sense USA and China are ONE big global vendor. But are they 50/50 or 25/75? It would be interesting to find out the export ratio of both countries, but not in Dollars or Yuan but in the bottom line, man hours of labor instead.
Down here you can see higher Dollar/Yuan for TWO years to help other countries export. Then second leg Dollar/Yuan DOWN for ONE year, 2018 low. Then a TWO year climb to early 2020.
So in my view its NOT VERY likely they will drive Dollar/Yuan back up after such a short term leg only 6 months down. March thru August. Just a 2-3 bounce up in a down trend. Soon it should turn tail and continue down, so we can ladder up on positions as Dollar drops back under 82 and $2300 Gold and $40 Silver.
We’re fighting back
Despite a strong dollar and a very weak stink market – kudos
The DOLLAR is in a trap of its own making.
Its got to weaken to get trade advantage and preserve jobs ,at least until the Domestic economy improves .
Then its got to remain strong to maintain the advantage as world currency reserve ..so it can print money to buy what it needs.
ALL this means is less dependence on imports and more on domestic growth ….sounds like a plan to me….!
China needs to do the same ! having the opposite problem.! slow down domestic growth and debt financing .
US wants inflation ,China needs deflation ..”Oh the tangled web we weave,when first we practice to deceive “Shakespeare…Walter Scott…
D’oh! Someone pulled back the curtain
Tesla Crashes 12% On S&P Snub While Analysts Question Profitability, Demand And Liquidity
Captain–Maddog–FYI
$COMPQ $NDX Futures Updated 10 Day Elliott Wave CHART – must break levels to prevent a huge C wave down
Excellon Announces Application to List on the NYSE American and Share Consolidation
https://finance.yahoo.com/news/bonterra-energy-corp-announces-extension-014700528.html
I should have dumped this one years ago. Isn’t it expensive to list on the Amex? I would think this would be for successful companies. EXN ain’t it.