Loading ...If the worlds future and the future of humanity, and especially the future of yourself and your loved ones are of any importance to you, you will watch this and then pass it on. If you choose not to do so, IMO you deserve what you get….but together we can end this whole charade NOW! All the Best From Silverngold!
USDX
Potential of right shoulder on a head and shoulder top. A gap down in USDX and gap up in silver would look good on Monday.
Here you go Buygold COT Report
https://www.cftc.gov/dea/futures/deacmxlf.htm
Commercials less short in both gold and silver.
Maddog @ 15:54
Hard to think of something more apt to cause anger among the populace. Glad I don’t live in Italy!
Serious selling in last minutes on Sm…heavy money is moving out.
Put a dribbling cretin in the Whitehouse and that is what u get ….at some point we will see a panic sell off, then the Bear will emerge and only the Rig will stand in it’s way.
ipso facto
The Italian PM is Draghi, ex head of ECB….u could not find a better mate for the Davos crowd.
He is Schwab’s bitch.
Kamikaze buyng in SM as scum try and avoid stinko close.
@ipso facto re 14:17 Your right 100%, No one would benefit and there would be no mine.
And the outside miner would make no profit if the unwise and poor country didn’t let them invest in developing the mine, taking the Gold etc and give the unwise and poor country some Chump Change.
Sooner or later the unwise poor country, or black slaves, or women, for example they smartened up, and woman want the right to vote. No matter what decade it is, more and more people, smarten up as they experienced the past.
I think even more and more of the Anti Gun people and pro gun people are finally smartening up. Gun laws don’t do any good. And the Media doesn’t make a big deal out of it lately, and started mentioning needed economic opportunity, blaming mental health needs, and the drug gangs imported from third world nations, that get chump change for their natural resources.
Moron Report
Democrat Insanity Peaks As Biden Shutters Pipelines Then Is Baffled When Gas Prices Rise
This will cause chaos
COVID-19 Vaccine Passport Mandatory In Italy For All Private Sector Workers: Officials
Mr.Copper @ 13:49
In the 3rd world countries the vast majority of mines would not exist without the 100s of millions of dollars invested by foreign sources to bring them online. No one would benefit and there would be no mine.
@ipso facto re Foreign Miners No Longer Welcome
Of course it didn’t say that, why give people ideas. But how would USA feel if China was owning all our domestic silver and Gold and Copper mines? We certainly would get our representatives to bust their balls any way we can, like environmental laws taxes etc until their mine value drops enough and an American company buys them back.
What I’m implying is in the future maybe over 25 to 50 years each country’s citizens may end up owning their own natural resources. In other words, no more “Spanish explorers” taking Gold from the Aztec Indians, and getting away with it.
@Buygold re Dow SnP
I remember I stopped working around 2000, started buying PM stocks, because I knew the Dollar was too high ($250 gold, .46 cent Copper etc) causing trouble, they would have to lower it, and they did. Also in March 2000 the Dot com bust started, it was a blood bath for Dow SnP for a few years. I think the Naz went 5000 to 1000.
PMs were the ONLY game in town, and our “numbers” or “appearances” or simply falling dollar I guess led the Dow SnP up. So, if the system is trying to go into deflation, and if spot Gold starts reflecting that, the Dow SnP will follow Gold down to a point where the system realizes Fiat money is a problem.
And banks and Gov’ts will lose the ability to “get away with it” anymore, and Gold will gain favor and lead the way to a new honest practical financial system with zero inflation, like 1800 to 1929 prices were flat to lower.
Fed Reserve Act of 1913, they are having trouble “getting away with it” after 2008.
LOL wishful thinking.
Buygold @ 13:25
The juniors seem to follow the NASDAQ quite often. Not so good if you think the SM will crash at some point!
At least most producers are making good money at these metals prices.
“Tough game” LOL We’ve been doing this how long? In spades!
Ipso
The bummer about the the Nasdaq and DOW being down is that pm’s seem to be leading them down.
Maybe quadruple witching has something to do with it.
If the banksters had put options on gold at $1800 and silver at $24 they cleaned up.
Tough game.
Nasdaq down 130 points
Rolling over?
Mr.Copper
“No longer welcome”
I don’t think they said that! Just tightening up so far. Something to be watched.
@ipso facto re Foreign Mining Companies in Mexico No Longer Welcome
The financial crisis completely reversed everything. It was a learning lesson for practically everything. Regarding various corporations, and governments, and countries getting away with things, 2008 led the way. Bernie Madoff was the first one to lose the ability to continue taking advantage of things.
Mining firms in Mexico must face ‘strict’ scrutiny, says senior official
Mining companies in Mexico should expect tough environmental reviews given their projects’ major impacts, a senior official told Reuters, insisting that a backlog of evaluations is easing despite industry claims that the opposite is true.
A top-10 global producer of over a dozen minerals, Mexico’s multi-billion-dollar mining sector makes up around 8% of Latin America’s second-biggest economy, but miners are concerned they are facing increased hostility from Mexico’s leftist government.
Mining firms in Mexico must face ‘strict’ scrutiny, says senior official
Hi Buygold
I would guess in this case that “Blackrock” refers to the Blackrock Desert …
Yeah another stellar day for us … another bite out of our ass.
Hey Ipso
Just wondering if you’ve heard anything about “Blackrock”. Made me wonder if they have a connection with the Blackrock. Looks like they had some decent drill results, and you’re right, Tonopah Nevada should be a friendly place for miners.
Consumer sentiment not so good, we got a bounce that lasted all of 5 minutes.
They are crushing silver. As usual I didn’t see that coming.
Graddhy
$GDX vs $GLD m
On days like these we need to take a step back and look at the big picture. Big bases and big moves take time to build.
Still backtesting the 13 year blue trend line. And the two backtests here makes sense as $GDX itself has a monthly double bottom in the making. pic.twitter.com/gVcCa3jhaH— Graddhy – Commodities TA+Cycles (@graddhybpc) September 16, 2021