COT Report looks really interesting
can’t post it from my phone but I’m sure one of you guys can.
Both Silver and Gold look better than I’ve seen in a long time.
Not sure it means anything but beats the norm.
Re Afghanistan, Vietnam II, Are You Guys Listening To The News Lately??
Its sounding exactly like the end in Vietnam. Obviously its another failure by global westerners, to “modernize” the place and take advantage of all the natural resources.
June 16, 2010 Parts:
A recently unearthed 2007 United States Geological Service survey appears to have discovered nearly $1 trillion in mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself.
The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world. An internal Pentagon memo, for example, states that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries for laptops and BlackBerrys.
American officials also recognize that the mineral discoveries will almost certainly have a double-edged impact in that, instead of bringing peace, the newfound mineral wealth could lead the Taliban to battle even more fiercely to regain control of the country.
American officials also fear that resource-hungry China will try to dominate the development of Afghanistan’s mineral wealth which would upset the United States, given its heavy investment in the region. After winning the bid for its Aynak copper mine in Logar Province, China clearly wants more, American officials said.
$1 trillion motherlode of lithium and gold discovered in Afghanistan
SNG
That’s the first time I seen you on the bear warning side I think lol You are a perma bull lol
Just watch the support levels. That’s why they’re no harm in getting out if they breach. Yeah they do like to take out the stops at the bottom so it can get confusing.
Silverngold
Thanks. Trust me, I’m not doing anything based on your posts.
I think it’s very difficult to predict upside based on T/A in pm’s.
I will say though that the Sunday night slam could be what you described.
That’s usually how these pm corrections end.
why are the amish not affected by covid – 19?
they don’t have TV.
30 Miles!
Taliban Now 30 Miles From Kabul As Terrifying “March On Capital” Begins
Kunstler
Brace for Impact
And so here we are: eight months deep into a “Joe Biden” regime. Was ever so bold an attempt to utterly wreck a nation carried on in such plain sight? Who does not hear the “giant sucking sound” as America whirls down the drain? In the foreground, obscuring everything else, is the fog around the Covid-19 melodrama. It can’t possibly be about the vaxes, which, day by day, are demonstrating their growing inefficacy and lethal side-effects.
It appears to be much more about activating a Chinese model of social control. A great many citizens detect this and demur from vaxing-up. “Joe Biden’s” public health officers did not do a very good job convincing the “hesitant” to join in the vaccine orgy. It’s a hard sell while “Joe Biden’s” homeland security side shows a cavalier indifference to a million border-jumpers with a 40 percent Covid-19 infection rate not just walking into the country but being helpfully distributed hither-and-yon from sea to shining sea. Who is paying all those bus and plane fares?
The regime is trying to soften up the public for mandatory vaxes now, using its propaganda arms to turn up the volume on pandemic fear and new variants, using phony statistics and threats to turn the unvaxed into social pariahs, including schoolchildren. The regime is playing with nitroglycerine there. How desperate and crazy are they, really? Is something wicked coming their way? I think so, and I think they know it’s so, and I think they have just about run out of tricks for avoiding it. A crack in the edifice of tyrannical coercion materialized a few days ago when SecDef Lloyd Austin declared his intention to vax-up the whole military. General David Berger, Commandant of the US Marine Corps, briskly told the SecDef, in effect, to take a flying fuck at a rolling donut. What do you make of that?
Buygold….IMO the PM’s are bottoming this month….but not necessarily bottomed….yet.
In the past there have been many occasions where there were mysterious lows or highs created that had us scratching our heads….so while I feel Phyz G&S has been “marked” with its low, I don’t necessarily think that means they will take off quite yet. IMO that sets the limits the manipulators can work within, and it may be that this is giving those who are controlling the PM shares a “heads up” to get themselves positioned for the approaching change of direction.
I have always felt I had the ability to “see” what was coming, but at the same time I have a difficult time trying to explain what I “see”…so please DYODD!!
Buygold @ 11:44
I’ve seen worse days.
Let’s hope today means something.
Just looked at rates
10 year back under 1.3%. I guess that explains why the USD is getting hammered.
Still want to see the shares confirm.
This is a nice surprise
Hoping we hit silverngold’s bottom.
Would like to see the HUI blow through 260.
New Gold shares hit 12-month low on Rainy River’s grade fade
New Gold Inc. (TSX: NGD; NYSE: NGD) shares trading in Toronto fell to a 12-month low on Thursday after the company reported weaker than expected June-quarter financial results and cast doubt on whether it might achieve its full-year production guidance.
After markets closed on Wednesday, New Gold said it expected to achieve the lower end of the 440,000 to 490,000 gold-equivalent ounces (GEO) range and possibly exceed its portfolio-wide all-in sustaining costs range of $1,230 to $1,330 per GEO at the higher end.
New Gold said in its earnings report the cornerstone Rainy River mine in Ontario recorded lower than expected grades from the East Lobe area in July.
https://www.mining.com/new-gold-shares-hit-a-12-month-low-on-rainy-rivers-grade-fade/
Ya Baby!
California Governor Newsom Faces Imminent Recall And A Libertarian Might Win
A recall vote of California Governor Gavin Newsom is in progress. It started over Newsom’s handing of Covid and most figured it was doomed.
But in April 2021, the secretary of state certified that the effort had enough signatures to trigger a vote.
The vote is on September 14. The vote has two parts:
Part one is a yes-or-no question: Shall the officeholder be recalled? Part two offers a list of successor candidates—46 have qualified in this recall. Each voter chooses one of them, and if the recall is successful, whichever candidate earns a plurality fills out the term.
Larry Elder did not enter the race until July 12, but suddenly he is either leading or in second place depending on what poll one believes.
Perpetua Resources Announces Pricing of Public Offering of Common Shares
https://finance.yahoo.com/news/perpetua-resources-announces-pricing-public-110000222.html
Victoria Gold: 2021 Second Quarter Financial Results
https://finance.yahoo.com/news/victoria-gold-2021-second-quarter-121500334.html
Canasil Drill Hole Returns 1.70 Metres with 20.59 g/t Au and 1,290 g/t Ag (2,783 g/t AgEq*), and 3.66 Metres with 6.44 g/t Au and 884 g/t Ag (1,355 g/t AgEq*) in Multiple Drill Intercepts from the Candy Vein at the Nora Silver-Gold Project in Durango State, Mexico
https://finance.yahoo.com/news/canasil-drill-hole-returns-1-130000448.html
Gold Resource Corporation Reports Spike in COVID-19 Cases at Don David Gold Mine, Reinstitutes Stricter Protocols Regarding Transportation, Operations And the Frequency of Wellness Checks
https://finance.yahoo.com/news/gold-corporation-reports-spike-covid-220500144.html
Liberty Gold Receives US$6 million Payment for the Sale of Halilağa – Turkey
https://finance.yahoo.com/news/liberty-gold-receives-us-6-223800360.html
Franco-Nevada (FNV) Beats on Q2 Earnings, Hikes 2021 View
https://finance.yahoo.com/news/franco-nevada-fnv-beats-q2-135401841.html
Eldorado Gold Announces Pricing of US$500 Million Senior Notes Offering
https://finance.yahoo.com/news/eldorado-gold-announces-pricing-us-205600446.html
Cortus Defines Gold Trend at Its Powerline Project in Nevada Along Strike from the Spring Valley Deposit
https://ceo.ca/@newsfile/cortus-defines-gold-trend-at-its-powerline-project
Aya Gold & Silver: Record Operating Cash Flow for Third Consecutive Quarter Zgounder Growth Plan on Track
https://ceo.ca/@newswire/aya-gold-silver-record-operating-cash-flow-for-third-9c84b
Sabina Gold & Silver Announces Interim Financial Results for the Quarter Ended June 30, 2021
https://ceo.ca/@nasdaq/sabina-gold-silver-announces-interim-financial-results-906d9
Richard640 @ 9:23…remember, gold and silver (IMO) bottomed in the dark of night a few nights ago.
Gold at $1680.23 and silver the same night at $22.06 but has now been changed to $22.28, all recorded on the charts while nobody was looking. I hope everyone is in and buckled up for a great ride for the next +-15 months. What the world will look like by that time is another question I don’t want to contemplate.
All The Best From Silverngold
Chipping away at the shares
Metals will likely follow shortly.
Just copy/pasted from an email I got from a friend….FWIW!! Welcome to Friday the Thirteenth Everyone.
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Hmmm…I Wanda…er, uh…I wonder…IMO, this is not far fetched—could the fall of Kabul with its inevitable massacre be the black swan that Finally crashes the stonks mkt…?
Maya
I wonder if they’ll come back. Might cost them more to go get them and house them in jail. Still though all this no talk of real treatments like Ivermectin while people who would rather risk the virus that submit to the jab and as a punishment would let them die instead. Nice people those vaccine cabal.