It’s pretty frustrating! If I thought the SM had good prospects I’d have invested there instead.
You’re right the miners should be running counter to the SM … especially with the metals higher.
It’s pretty frustrating! If I thought the SM had good prospects I’d have invested there instead.
You’re right the miners should be running counter to the SM … especially with the metals higher.
Yup we are joined at the hip to the SM….which is just so ‘effing stupid, as PM’s are the classic SM hedge.
What I wonder is where is all the money going from the SM, as no other sector is bullish here.
Oh Boy the scum just decided to save the SM…..all those cheap bargains out there.
Biden Disinformation Czar Demands Power To Edit Other People’s Tweets
You are so right Maya! Yes, the MIC profits immensely, as do the politicians taking their tithe. All the supporting countries to this morass in the Ukraine, are sending obsolete, and old armament there, setting up an increase in their own respective countries defense budget, so that they can replenish with the latest, and greatest “veggie – matic” military hardware. I am so saddened that so many people really pay no attention, to the real history of what has, and what is happening in this world.
Parts
“Just last Tuesday afternoon, for example, Working Group officials gathered in a conference room at the Treasury Building. They discussed, among other topics, the risks of a stock market decline in the wake of the Dow’s sudden surge past 7000, according to sources familiar with the meeting. The officials pondered whether prices in the stock market reflect a greater appetite for risk-taking by investors. Some expressed concern that the higher the stock market goes, the closer it could be to a correction, according to the sources.”
The red book is intended to make sure that no matter what the time of day, SEC officials can reach their opposite numbers at other agencies of the U.S. government, with foreign governments, at the various stock, bond and commodity futures and options exchanges, as well as executives of the many payment and settlement systems underlying the financial markets.
“We all have everybody’s home and weekend numbers,” said a former Working Group staff member.
The Working Group’s main goal, officials say, would be to keep the markets operating in the event of a sudden, stomach-churning plunge in stock prices — and to prevent a panicky run on banks, brokerage firms and mutual funds. Officials worry that if investors all tried to head for the exit at the same time, there wouldn’t be enough room — or in financial terms, liquidity — for them all to get through. In that event, the smoothly running global financial machine would begin to lock up.
The Fed’s reaction to the 1987 market slide, which Corrigan helped oversee, is a case study in how to do it right. The Fed kept the markets going by flooding the banking system with reserves and stating publicly that it was ready to extend loans to important financial institutions, if needed.
The Fed’s actions in October 1987 read like a financial war story.
The morning after the 508-point drop on Black Monday,
https://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm
LOL Yeah what’s he talking about! MUX has only been going down for 5 years there’s plenty of time left! What a woose!
I actually feel kind of sorry for McEwen …
Dunno what Otto is complaining about….I can show him charts that are way worse, well I can’t because the Co’s don’t exist anymore….this is a Mans biz….tell him to man up.
ORVANA REPORTS CONSOLIDATED FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2022 AND PROVIDES REVISED GUIDANCE
https://ceo.ca/@newswire/orvana-reports-consolidated-financial-results-for-the
Americas Gold and Silver Corporation Reports First Quarter 2022 Results
https://ceo.ca/@businesswire/americas-gold-and-silver-corporation-reports-first-32ade
I happen to be in the morbidity business; I'm the CEO of a large insurance group, and we underwrite morbidity risk … Based on what it is we are seeing, the rates right now, excess mortality at 84%, and excess every kind of disease at 1100%" pic.twitter.com/h8PhrgUF13
— I own nothing (@but_im_happy) May 9, 2022
Here’s a response from someone I know who is Ukrainian. Was talking about causes. Hes okay with Americans hearing from Ukrainians themselves than msm.
He said they won’t stop with just one space. Look at our borders and illegals. When anyone asks just how many is enough you don’t get a answer because it will never be enough until we put on the breaks:
First it has nothing to do with NATO. The war started in 2014 when people kick Yanukovich out who was without a doubt a criminal. Yanukovich was Putin puppet and they robbed the treasury and destroy the military. Putin was going to come in like a white knight and save the day but was identified as a partner with Yanukovich. Putin then stole Crimea when Ukraine basically had no money and no military because of Putin. Loser Biden who was along with Obama did nothing. So with Crimea they immediately moved on Eastern Ukraine to try the same game. The independent republics were BS and gaining independence with massive amounts of Russian weapons flooding in under the disguise of aid. The same game was played in Georgia, Moldova and even Finland in the very beginning. Invade and we will quit after you give us part of your territory. They have did it over and over and NATO excuse is for those who haven a clue.
Bitcoin isn’t showing inflation either as it is flat and trying to hold 30K.
I guess the Fed is buying bonds this am? Someone is, although it’s not helping so much as rates are pushing 3% again.
The only thing that might give me hope is if gold is up $50, silver up a couple bucks and the HUI up 30 pts.
Platinum up again. Go figure.
Franco-Nevada (FNV) Earnings Miss Estimates in Q1, Shares Down
https://finance.yahoo.com/news/franco-nevada-fnv-earnings-miss-161004687.html
Kinross reports 2022 first-quarter results
https://finance.yahoo.com/news/kinross-reports-2022-first-quarter-212500917.html
UPDATE 1-Gold miner Newmont anticipates moving forward with Peru mine expansion – CEO
https://finance.yahoo.com/news/1-gold-miner-newmont-anticipates-004506558.html
CMC Announces Exploration Operations Have Commenced on Its Newfoundland Properties and the Appointment of a New Chief Geologist
https://finance.yahoo.com/news/cmc-announces-exploration-operations-commenced-133000679.html
McEwen Mining: Q1 2022 Results
https://finance.yahoo.com/news/mcewen-mining-q1-2022-results-210800308.html
i-80 Gold Drilling Intersects 7.1 g/t Au over 78.6 m including 10.1 g/t Au over 41.8 m at Ruby Hill
https://finance.yahoo.com/news/80-gold-drilling-intersects-7-211500927.html
Rupert Resources Reports New Drilling From Ikkari and Heina South Extending Known Limits
https://finance.yahoo.com/news/rupert-resources-reports-drilling-ikkari-110000737.html
Sokoman Minerals Outlines Proposed 2nd and 3rd Quarter 2022 Exploration on Newfoundland Projects
https://finance.yahoo.com/news/sokoman-minerals-outlines-proposed-2nd-111500923.html
Timberline Drills Significant Oxide Gold at the Oswego Target, Eureka Project, Nevada
https://finance.yahoo.com/news/timberline-drills-significant-oxide-gold-113000613.html
NEVADA KING INTERCEPTS 3.28 G/T OF OXIDE GOLD OVER 21.0M AT SOUTHWESTERN EDGE OF ATLANTA GOLD MINE PIT, BATTLE MOUNTAIN TREND, NEVADA
https://finance.yahoo.com/news/nevada-king-intercepts-3-28-113000238.html
GoGold Releases 2022 Q2 Financial Results
https://finance.yahoo.com/news/gogold-releases-2022-q2-financial-123000771.html
Golden Sky Minerals Provides Update for Airborne Geophysical Survey from its Eagle Mountain Project in the Cassiar Gold District, British Columbia
https://finance.yahoo.com/news/golden-sky-minerals-provides-airborne-114500449.html
SilverCrest Reports Q1, 2022 Financial Results
https://finance.yahoo.com/news/silvercrest-reports-q1-2022-financial-201500752.html
The way bonds are trading tells u the print was way higher etc and that causes the SM to tank, which as we all know means PM’s must tank as well, as PM’s do NOT reflect in any way at all inflation.
or any other kind of bad news like WW III, being round the corner.
CPI up 8.3% vs. estimates of 8.1%. Core inflation up 6.2% vs. est. of 6.0%
We all know inflation is bad for pm’s.
Looks like we might bounce today although we have the CPI coming out and that might be reason enough to sell us back down, regardless of the number.
USD up a tick, 10 yr down to 2.93%. Oil up nicely – almost $4
Looks like $1850 is now resistance, because, why not?
The gas turbine locomotive. Can you imagine the sound?
https://railpictures.net/photo/788888/
“Billions spent on War materials not spent ..prosperity for everyone.”
Nope… no prosperity for the Industrial-Military war machine. And they are the ones that DEMAND it from the bought-and-paid-for politicians. The president and congress no longer run this country. The ‘War Machine’ does. The only way this will stop is when (not if) somebody EMPs the US or otherwise nukes the US war machine, and takes down the dollar and banking system. Gawd awful scenario. But that’s the only way this all will stop… when the US can no longer print money to buy war materials.