Loading ...Could be a great day for us … knock on wood.
It happens once in a while you know.
D’oh!
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish supplier. But when the cargoes started arriving in China, all it found were containers full of painted rocks.
The saga unfolds like a gangland thriller, with the Swiss trading house saying it’s been the victim of cargo fraud. Before its journey from a port near Istanbul to China even began, about 6,000 tons of blister copper in more than 300 containers were switched with jagged paving stones, spray-painted to resemble the semi-refined metal.
Eric Sprott Announces Changes to His Holdings in Garibaldi Resources
https://finance.yahoo.com/news/eric-sprott-announces-changes-holdings-202300125.html
Roxgold Extends Koula Down Plunge with 26.5 g/t Over 16m & 18.5 g/t Over 15m at Séguéla Gold Project
https://finance.yahoo.com/news/roxgold-extends-koula-down-plunge-113000361.html
Ely Gold Royalties (TSXV: ELY, OTCQX: ELYGF) Sells Claim located on the Hercules Gold Property, Nevada
https://finance.yahoo.com/news/ely-gold-royalties-tsxv-ely-114000248.html
Eric Sprott and Crescat Capital Complete Investment in Goliath Resources Limited
https://finance.yahoo.com/news/eric-sprott-crescat-capital-complete-124500360.html
Renforth Drills 21.45m of 5.57 g/t Au at Wholly Owned Parbec Open Pit Gold Deposit
https://ceo.ca/@accesswire/renforth-drills-2145m-of-557-gt-au-at-wholly-owned
Osisko Mining Orders Milling Equipment for Windfall
https://ceo.ca/@nasdaq/osisko-mining-orders-milling-equipment-for-windfall
Aris Gold announces drill results at the Marmato Deep Zone, including 78.1 metres at 3.43 g/t Au (true width 30.8 m)
https://ceo.ca/@newswire/aris-gold-announces-drill-results-at-the-marmato-deep
Rates down, USD down
Maybe we have a chance today?
Midnight Gardener
Thanks. Was waiting for the new episode of Intellectual Froglegs.
Gold Train
The Conway Scenic Railway. Decades ago I
took this ride thru the White Mountains during
autumn colors. Spectacular!
https://railpictures.net/photo/750040/
Ipso 13:45
Yep steal the rest in ear marks from the people and shake the kids piggy bank even more. A significant amount of that money will go forward into the future to fund their own democratic election and use our money to do it.
About what we expected
Biden Admin Silences DHS Over Border Crisis As Viral Video Shows Flood Of Migrants Streaming Into Arizona
The Biden administration has told the Department of Homeland Security not to speak freely about the growing border crisis, according to Breitbart, which spoke with a “senior-level law enforcement source” within DHS who spoke on condition of anonymity.
The verbal order applies to senior law enforcement leaders within DHS and has no formal expiration date. It comes as the administration is struggling to manage the growing crisis caused by changes in border security and immigration policies leading to a spike in illegal crossings at the border.
As local communities along the border continue to grapple with the release of migrants into their communities, the administration is facing criticism even amongst their own ranks, Breitbart reported.
Mr.Copper @ 14:5
Sibanye looks like they’ve been doing real well … and a 5% divvy is nothing to sneeze at. I’m with you … why mess with success!
Stunning
Government spends and prints $2 Trillion:
USD rises, Rates rise, SM goes ballistic. PM’s drop.
The only thing that might make sense is the US/Zimbabwe stock market goes up, but that should be based on a weak USD – it’s not.
Powell will raise rates
because it got praise for VOLKER ,so he will do same…different situation ..it dosent matter… Domocrats are only interested in appearances and popular opinions.
Besides raising rates in causing depression didnt get the Government trashed in the 1930,s ..People tolerated a depression without bringing down the Government .
Compared to Germany Weimar Republic where hyper inflation brought Hitler to Power and destroyed the Currency ..and brought down the Government .
Government looks after Government ,not people. It may be different this time,but they will do what they did before and raise rates no matter what it does to the economy that has an intolerable amount of DEBT….Bankruptsy is in the cards for the US. DEfaults on debt,destruction of the CURRENCY is acceptable for this Government as they think it will still keep them in Power .TAXES will crush the economy in an effort to save the DOLLAR ….It cant be done ! too much debt .Democrats dont care if they think they can still stay in Power.. What worked with Volker wont work now ..they dont care…if the public goes along with it without bringing down the Government they will do it.no matter the debt ,no matter the economy. Government Pensions will not be paid what they promised, everybody will get what Government thinks is sufficient for what they need,not what the think they are owed. They all get the same .serves those communists right . unfortunately the rest will be punished along with them..Ill bet on Bankruptsy and Bond defaults ,not hyper inflation ,because thats where they think Government will survive .The DOLLAR might get to be KING again ,exports dry up,unemployment skyrockets ..you might not survive but Government will.
@ipso facto re 10:24 re SBSW Sibanye Stillwater Mining
Its one of my good ones, its on a dip, from your 10:24 news, it pays a 5% annual div, and div date coming up on 3/18/21. Supposedly they want to merger with GFI and AU, but will it happen?
AU and GFI have been dropping since August, Stillwater Platinum has been climbing fine without them for a long time. That merger doesn’t make sense to me, unless its a South Africa welfare type thing, and blending will bring the AU and GFI higher and SBSW lower.
Globalization, socialism, affirmative action, of miners? Decades ago when Banks were have trouble there were “shotgun weddings” of banks. Like two drunks leaning against each other to walk down the street.
The only other reason for mentioning their cockamainy idea would be to tap the price dopwn for insiders to buy some on a dip.
New Poll New Poll
Vote in the poll! Vote in the poll!
Maddog @ 14:08
“managed the impossible” Sure seems to be true so far … plus they’ve kicked our ass for quite some time. Who needs gold in a Goldielocks world?
PS Greta Garbo = Babe!
Ipso facto
What’s to stop Powell and his friends from “printing” any amount of money at all to prevent this?
Nothing…so far they are winning all round, the only slight problem is rates look a little strong, but that may ease, as most Commodities especially Oil look to have topped for a while……and anything that gets out of hand they will use futures to move around.
As of now they have managed the impossible, put lipstick on a pig and married it to a prince…ooops made it look like Greta Garbo….
Richard640 @ 13:00 re: Ackerman saying deflation
What’s to stop Powell and his friends from “printing” any amount of money at all to prevent this?
goldielocks @ 12:39
They’re going to give the public a bit and steal or waste the rest!
Aguila
Unfortunately Floridagold passed away some months ago.
RIP our friend Floridagold.