Agreed on rates….they gotta stop them running higher…but that is where they want to go…SM has no hope if rates take off and they sure are rising fast…TA looks v bad for lower rates…like no chance longer term.
Looks like the truncheons are out today
New Found Intercepts 70.65 g/t Au Over 5.25m at Golden Joint Main Vein, Extending Zone to 285m Vertical Depth
https://finance.yahoo.com/news/found-intercepts-70-65-g-110000279.html
Cabral Gold Reviews 2021 Achievements and Outlines Plans for 2022 at Cuiú Cuiú Gold District, Brazil
https://finance.yahoo.com/news/cabral-gold-reviews-2021-achievements-113000978.html
Moneta Confirms Good Metallurgical Gold Recoveries from Tower Gold Project
https://finance.yahoo.com/news/moneta-confirms-good-metallurgical-gold-115000329.html
Victoria Gold: Eagle Gold Mine Q4 And Annual 2021 Production Results
https://finance.yahoo.com/news/victoria-gold-eagle-gold-mine-120000809.html
Blackrock Silver Reports 90% to 98% Gold and 81% to 94% Silver Recoveries from Initial Metallurgical Testwork at Tonopah West
https://finance.yahoo.com/news/blackrock-silver-reports-90-98-120000540.html
Sokoman and Benton Continue to Expand the Kraken Lithium Pegmatite Swarm in Newfoundland and Initiate Drill Mobilization
https://finance.yahoo.com/news/sokoman-benton-continue-expand-kraken-121400402.html
Benchmark Resumes Gold-Silver Drill Program
https://finance.yahoo.com/news/benchmark-resumes-gold-silver-drill-140000879.html
Northstar Surface Sampling Expands Allied Syenite Gold Zone at Miller Gold Property (Includes 14.79 g/t Au over 7m)
https://ceo.ca/@newsfile/northstar-surface-sampling-expands-allied-syenite-gold
Golden Tag Set to Recommence Drilling on San Diego
https://ceo.ca/@nasdaq/golden-tag-set-to-recommence-drilling-on-san-diego
Maddog
10 yr. at 1.725%, up a couple ticks. If it reverses back below 1.7%, the algo’s will go nuts and buy the SM 50/50 shot
The QQQ’s and Bitcoin will probably react higher first USD is down a tick, that may be the tell. JMHO
I’m reaching for anything that correlates, but having a hard time with finding consistency…..
Morning Maddog
I took a shot at the QQQ’s this am along the same lines of thinking – that the scum will stage a rally. If they can’t do it, then maybe we are in a serious downturn. I might also look at Cathie Woods ARKK fund that has been absolutely torched. Both for as bounce and out.
PM shares just go down so fast. If this indeed is a crash scenario, I’m out of everything except phyzz. Had a good third quarter, will not let pm shares destroy another portfolio.
The Rig is getting more exposure and people are furious
Slowly the Rig is being pulled into the light……and as it is taxpayers who are underwriting it, they will demand to know what the ‘eff is going on…….
looks like scum in full bail out mode
Trying to turn everything, except PM’s which they have pummeled….Who else but the scum come in and smash that rally for 30 bucks….
Is 4700 the line in the sand for S&P….lets see.
Back in our rightful place
back below $1800.
Silver smash, $23 a distant memory now.
We’ve had one good day out of four in the new year. Sure got ugly in a hurry.
Bitcoin down 10% since Tuesday, is the everything bubble bursting?