Posted by Captain Hook
@ 11:57 on January 6, 2021
It’s either that or the QQQ put buyers getting squeezed again.
Chuckle
Same pattern as 2000 with bitcon the tech leader (big top in March?) – sanctioned by the bankers in order to legitimize The Great Reset.
So predictable.
PMs did not do well for the first 11 months in 2000.
Something to think about given every idiot commentator and his brother is bullish set against trading platforms that don’t give a crap about fundermentals.
And the fundermentals might not be that great if the demorats do get in because they don’t give a fig about the people – meaning don’t look for big (any?) stimulus checks.
Cheers
Posted by Maddog
@ 11:16 on January 6, 2021
Posted by Maddog
@ 10:17 on January 6, 2021
it’s like the scum have decided they will celebrate China Joe, with a massive up day in the SM,no matter what is takes….they are buying everything and pay any price…utter madness.
Posted by Maddog
@ 9:52 on January 6, 2021
absorb all early selling, then ram prices back up…yesterday tehy ran the S&P 30 full point in the 1st 15 mins today the same….who other than the scum panic buys the SM, when the news is ALL bad.
Welcome to the Rig.
Posted by Buygold
@ 9:44 on January 6, 2021
I agree. Seems the market is all of a sudden worried about inflation as well as the bond market is selling off. Going to make it tough for Beijing Biden to finance all that new debt. 10 year above 1%
USD came back a little. Banks are roaring today. Appears Biden is a friend of the banksters as well.
Interesting that NEM and GOLD are holding up so far.
Posted by ipso facto
@ 9:38 on January 6, 2021
Posted by Maddog
@ 9:00 on January 6, 2021
See my last post….I get the sensation they know they have a real problem on their hands…..holding the SM up while Trump ran the show, was relatively easy…doing the same with China Joe and Co, is the impossible .
They will have to print and print etc…so they gotta shoot PM’s…..
Posted by ipso facto
@ 8:44 on January 6, 2021
Posted by ipso facto
@ 8:43 on January 6, 2021
Victoria Gold: Eagle Gold Mine Q4 2020 Production Results
https://finance.yahoo.com/news/victoria-gold-eagle-gold-mine-120000342.html
Corvus Gold Drills 130.5 Metres @ 2.33 g/t Gold Including 27.7 Metres @ 4.46 g/t Gold & 9.26 g/t Silver with Expansion of the New Northern High-Grade Feeder Zone at the Mother Lode Deposit
https://finance.yahoo.com/news/corvus-gold-drills-130-5-120000627.html
New Found Gold Doubles Drill Program to 200,000 Meters and Increases to 8 Drill Rigs at Queensway
https://finance.yahoo.com/news/nba-players-andre-iguodala-spencer-140100590.html
Skeena Adds Near Surface Mineralization in 22 Zone with 6.00 g/t AuEq over 26.28 metres
https://finance.yahoo.com/news/skeena-adds-near-surface-mineralization-130000980.html
Discovery Confirms and Extends Strike Extent of High-Grade Vein Mineralization at Cordero
https://finance.yahoo.com/news/discovery-confirms-extends-strike-extent-110000433.html
Sierra Metals Announces Filing of NI 43-101 Preliminary Economic Assessment Technical Report for a Doubling of Output at Its Cusi Mine in Mexico to 2,400 Tonnes Per Day, Including an After-Tax NPV of US$81 Million
https://ceo.ca/@businesswire/sierra-metals-announces-filing-of-ni-43-101-preliminary-24287
Posted by eeos
@ 8:26 on January 6, 2021
but what the heck is going on in Bitcoin? $36,XXX. It’s pointing to something.
Posted by treefrog
@ 8:14 on January 6, 2021
…continues to slide, 88 handle approaching.
Posted by Maddog
@ 8:11 on January 6, 2021
The SM does not like the Georgia result….duh !!!!!….nor do Bonds/notes….if rates take off and why shouldn’t they with idiots running the show, with an SM that is the most over priced mkt in history….then all that will remain is the Rig….can the scum really support/stop a full on panic, especially in such a mispriced mkt.
Plus a Biden Presidency, is going to really piss off most of the productive part of the US, they will all want to hunker down, book some juicy profits and sod the economy……
Posted by Buygold
@ 7:55 on January 6, 2021
I see the scum just came in for a $20 hit for no reason I can see.
Certainly not the USD. So I guess it’s going to be one of those days.
Posted by Buygold
@ 7:42 on January 6, 2021
No doubt they’ve got their eye on $1950, even with the USD taking another hit.
Silver doesn’t seem to want to go down much and neither do the shares in premarket.
Maybe we’ll get some steam as the day goes on.
Regardless, this country is finished without Trump no that the Senate lost Georgia to the Dems.
Posted by Maddog
@ 7:01 on January 6, 2021
Posted by goldielocks
@ 3:16 on January 6, 2021