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Like Google buying up Barrick or some such deal!

Look at all the tech cos and individuals with lots of cash and any eye towards protecting the future. Probably see a lot of deals like this.

My portfolio started the day down 2%, now up 1/2%

Pretty damn encouraging

Exactly…what will happen when the likes of Tesla come in and buy large percentages of various players from small to large in order to guarantee supply in an increasingly supply challenged world. (the manipulators don’t see this)

Eventually the speculation will get stupid.

Cheers all

Maybe they figured out the shares are cheaper than the physical lol
I’m still waiting till the Fed comes out tomorrow to see if the ground hog sees a shadow or not.

Maddog – yep, that seems right to me. As long as the shares are leading, methinks we’re in good shape

Captain – concur, AMC will end up doing a lot better with Hycroft than they would otherwise.

Ipso – nice find on the AMC news. Imagine what would happen in the likes of pm shares if the FANG’s start doing the same.

The AMC investment in Hycroft (see here) is a sign of the future folks.

That’s why the shares are stable as idiot futures players puke their positions.

Upward and onwards.

Chuckle…snort.

How is that possible on day etc……

Beats me..maybe some short covering…but more likely long term money taking protection on inflation….they move slowly, what happens day to day means little.

Similar in the Oil explorers, they are down way less than Oil..then again anything normal is down less than Oil….talk about up by the stairs and down by the lift.

How is that possible on a day like today?

Best guess is that the banksters know a rally is coming tomorrow and they are picking up some shares. Volume is good today as opposed to yesterday.

A foreshadowing of higher gold prices to come perhaps …

Thst is weird kinda the opposite of what’s going on since the crash of 08.
This time the HUI looks bullish so far but not the physical.

That’s true and they created inflation by putting people debt, with low interest rates while the WH can’t balance a budget only know how to spend and the last people you want dictating to private businesses.

You know if they really want equity we should give them what they want with the coming food shortages. Maybe it shouldn’t be by how much “ money” you have but by how much you CAN have. Bring those ration books out and they can’t exempt themselves.

Democrats ‘Ineffective And Out Of Touch’ — Face ‘Substantial Losses’ In Midterms: Former Clinton Pollster

https://www.zerohedge.com/markets/democrats-ineffective-and-out-touch-face-substantial-losses-former-clinton-pollster

More attention to the sector couldn’t hurt!

I’m waiting for the cab drivers to give mining tips.

I’m with you. I continue to believe that the shares will show us the way.

Much of our fertilizer the farmers need and planting season coming up is made in Russia. The corn and wheat they grow also feeds the animals. Flour could go up 25% which I stocked up a few “ quite a few bags for bread making, wouldn’t hurt to look at both those stocks either for down the road or if you find what fertilizer stocks trying to pick it up.
I’m going to try to make my own see how that works with Jerry Bakers home made concoction mixing things like ammonia, dish soap, molasses, a can of beer “ for the sugar I guess ” maybe I’ll trade it for oatmeal but that might get hit too and few other things and hope I don’t blow myself up lol
Anyways yeah it’s going start and like family’s aren’t already feeling the sticker shock at the store. 🙁

Agreed, but let’s not forget who is really “in office”.  Reality and natural market forces putting the idiots constantly on the defense. Including the Fed Reserve idiots. I heard has 400 idiots employed probably all college educated that created all the boom and bust distortions. And financing wars.

Maybe les selections. Plenty of used cars all over for sale, plenty of houses for sale too. Shortages may be hype or simply cash buyers hoarding of real estate as inflation hedges. The future is always a surprise.

You know some things I don’t but blind faith the mindset is already there and agree.

Lol I’m not looking to what could happen that far out but what could happen now lol
After what certain groups did to housing and just the opposite as that person holding mortgages I hope it does crash again and you can buy with a “ small” bag of silver. You can’t trust anything that far out right now with these idiots in office. What ever they do it will be the wrong thing.
I’m guessing but not sure as not as well informed as some gold bugs here that the PMs are gonna move down to the 50:200 ma that most are working on a golden cross. Hopefully not going any or much lower than that. Nevertheless either way I believe they will recover.

I just pointed that out to show all this drama doesn’t mean diddly squat.

Chuckle

Movie theater chain AMC Entertainment has agreed to purchase a major stake in a Nevada gold and silver miner, the companies announced Tuesday, an unusual expansion for the one-time meme stock.

AMC will spend $27.9 million in cash for the deal, receiving roughly 23.4 million shares for the company, Hycroft Mining Holding Corp., and an equal amount of stock warrants. The deal would make AMC the owner of roughly 22% of Hycroft.

They are undoubtedly doing that right now. Comex gold could lose 50k contracts between yesterday and today.

But they will be back. And JPM (US gov’t) will continue to stop the physical market.

They will get caught at some point though, as all children are, and the bill will need to be paid.

I think Russia is the key. If you think prices are rising now, just wait until all the supply shortages work their way through later this year.

Canned goods are still cheap folks.

Stock up on everything.

Cheers

Wow! Looks like the the sector is going to be getting more attention. I’m still waiting till tomorrow to see what the Feds have to say since I’m not day trading any positions less I short something maybe.

Shares are holding up surprisingly well considering how they looked in premarket.

I don’t think we’ll get anywhere near $1760, but who knows? I think this ends after the Fed meeting tomorrow.

edit: maybe silver will show gold the way home today?