Loading ...@Buygold re 10 Yr Rate
Maybe we have a little double top on the rate hikes. 1.68% today
Fed buying treasuries?
Ten Yr. down 6 bps today – makes no sense given the Demonrats $2+ Trillion spending package.
USD moving lower. That actually makes sense.
PM’s moving up, for once that actually makes sense as well.
Wow, other than treasuries, things make sense for a change – even the shares.
@Buygold re NEM
Its just doing what most others have been doing since August. Its down 16% since august and gold is down 17%, so you could say it outperformed gold by 1%. Its a big cap so it’s like a slow moving mutual fund. God knows how many mines they own.
White House DOG
needs to be put down for vicious behavior,it runs through the White house .Dogs adopt their owners character.
Good start so far
Scum has boot on neck of NEM so we’ll see if they take the metals down later in the day.
Kirkland Lake expects Detour to produce up to 900k oz annually by 2032
Kirkland Lake Gold (TSX, NYSE: KL; ASX: KLA) expects its Detour Lake open pit mine in northern Ontario to reach a gold output rate of 900,000 oz. a year by 2032, based on the company’s latest life-of-mine plan for the asset.
This technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025, as announced earlier this year. The latest forecasts do not account for any of the exploration upside realized by Kirkland Lake since acquiring the asset at the end of January 2020 and don’t fully incorporate the impact of business improvement initiatives realized since acquisition.
Kirkland Lake expects Detour to produce up to 900k oz annually by 2032
Nighthawk Files Technical Report for Mineral Resource Estimate on the Indin Lake Gold Property
https://finance.yahoo.com/news/nighthawk-files-technical-report-mineral-155500256.html
Equity Metals Continues to Identify High-Grade Silver at the Camp Vein, Reports 8.6 Metres Averaging 361g/t Ag, 0.3g/t Au, 0.8% Cu, 0.6% Pb and 1.2% Zn (522g/t AgEq) at the No. 5 Vein, Silver Queen Project, BC
https://finance.yahoo.com/news/equity-metals-continues-identify-high-163500950.html
Ascot Resources Ltd. Announces C$55 Million Bought Deal Financing
https://finance.yahoo.com/news/ascot-resources-ltd-announces-c-194400870.html
Silver Bear Files Fourth Quarter and Year-End 2020 Financial Results
https://finance.yahoo.com/news/silver-bear-files-fourth-quarter-202100536.html
K2 Announces Two New Gold Targets at Mojave and Launches 2021 Exploration Program
https://finance.yahoo.com/news/k2-announces-two-gold-targets-110000283.html
GR Silver Completes Acquisition of 100% of Marlin Gold, Including its Past-Producing La Trinidad Mine and Extensive Concession Portfolio in the Rosario Mining District
https://finance.yahoo.com/news/gr-silver-completes-acquisition-100-113000355.html
Golden Predator Submits Brewery Creek License Renewal Applications
https://finance.yahoo.com/news/golden-predator-submits-brewery-creek-120000675.html
Mako Mining Announces Completion of Sale of its Mexican Operations to GR Silver Mining
https://finance.yahoo.com/news/mako-mining-announces-completion-sale-120900631.html
@Ororeef re Second Amendment and Lawlessness
I’ve noticed a growing trend of lawlessness note the immigrants etc. Also Governments passing laws that are against the law. If they keep creating stupid laws, eventually more and more people will ignore them. Like mutiny on an old sailing ship.
At least five years ago talking with a friend he asked my opinion of the future. After a little thought, I suggested eventually the government will just have to straight out give people money to keep the game going.
At least we’re not back down $20
Half thought yesterday would be a one day wonder, maybe it still will be.
HUI has a long way to run if we can ever get this ship turned around.
Silver the weak sister for now. I’m seeing more available supply for both gold and silver from my dealer. Guessing a lot of little guys have thrown in the towel over the last couple of months.
Biden cannot overrule the 2nd Amendment where are the LEGAL Constitutional Scholars ?
These are GOD given rights not Government given,therefore Government cannot take them away . They have no LEGAL basis for that .Where is the SUPREME COURT on this ? They need to fight this NOW ,before they PACK the Court ! Bring the case NOW !
Why not Electrify the WALL ,its made of STEEL !
with just enough voltage to deter ..Electrified RAZOR WIRE at the top would also work.The STATES could do that withen their own States Borders ..
Dropping Children off and over the WALL … BIDENS Legacy !
If those Parents do that to their own children why should we worry about them .Its certainly child endangerment and the Bidens are just as Guilty ,they encourage it .The courts need to bring charges against BIDEN .
Sinclair
Jim Sinclair’s Market Commentary
March 31, 2021
Gentlemen,
You will note that in the list of potential losers in this massive leveraged failure, you will see many major players in the metal markets. Having been the liquidator working for Volcker in the Hunt situation, I can assure you that when there is an unknown size of loss due to the failure of a party to firms mentioned, they sell anything and everything they can, as the real problem soon surfaces as a liquidity and ratio-based affair.
There is in my mind no question that various of these institutions were in the process of reducing shorts and building long positions in gold and silver, based on the nadir of the five-year bear metals cycle ending between April 8th and early May. It stands to reason that recent weakness in both metals has been exaggerated by the bullion banks seeking liquidity.
Of course, this impacts the bond market, equity market and the dollar market explaining the recent and present market movements.