In the US a standard portfolio is 60/40. 60% stocks, 40% bonds. This is how this portfolio has performed this year after inflation. (chart BofA)
Worst since ….. ever. pic.twitter.com/uA6Q5CjVYy— Corné van Zeijl (@beursanalist) May 13, 2022
Ipso – agree
COT Report will be interesting, the funds have gotten shorter the last couple weeks and have been rewarded.
Batten down the hatches!
The Biggest Crash In History Is Coming? Kiyosaki Says So…
Robert Kiyosaki recently tweeted, “The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. The bad news is the next crash will be a long one.”
Is Kiyosaki just being hyperbolic, or should investors prepare for the worst?
https://www.zerohedge.com/markets/biggest-crash-history-coming-kiyosaki-says-so
SLV has an RSI of 23
Never seen anything like that.
Shares aren’t being carpet bombed just yet but still not rallying with the SM. So we get the downside when the SM goes down but never when it goes up.
Shares don’t look too bad yet. We are way, way oversold.
FWIW
President Xi ‘suffering from deadly brain aneurysm’ as he faces coup over devastating Covid lockdowns, reports claim
https://www.thesun.co.uk/news/18556168/president-xi-suffering-brain-aneurysm-coup-covid-lockdown/
Maddog @ 8:38
It almost feels claustrophobic … like we’re put in a box and the box keeps getting smaller and smaller. I really don’t like what’s going on. The entire political system is squeezing our freedoms …
Make sure you put the lid down! LOL
ALEXCO ANNOUNCES FIRST QUARTER 2022 RESULTS
https://finance.yahoo.com/news/alexco-announces-first-quarter-2022-220000601.html
Eloro Resources Announces C$5 Million Bought Deal Financing
https://finance.yahoo.com/news/eloro-resources-announces-c-5-201000356.html
Amex Reports on AGM and Provides Corporate Update
https://finance.yahoo.com/news/amex-reports-agm-provides-corporate-203000761.html
Scorpio Gold’s Phase II Drilling Program Encounters Significant Intercepts; 16.80 meters Grading 27.16 g/t Au, Including 3.1 meters Grading 145.74 g/t Au
https://finance.yahoo.com/news/scorpio-gold-phase-ii-drilling-210000475.html
Copaur Minerals Completes Acquisition of New Placer Dome Gold With Overwhelming Shareholder Support of 99.5%
https://finance.yahoo.com/news/copaur-minerals-completes-acquisition-placer-120000243.html
Liberty Gold Reports Q1 2022 Financial and Operating Results
https://finance.yahoo.com/news/liberty-gold-reports-q1-2022-220200853.html
PureGold Announces Extension of Waiver Period by Sprott Resource Lending
https://finance.yahoo.com/news/puregold-announces-extension-waiver-period-221400786.html
Great Bear Royalties Appoints Board Chair and CEO; Provides Update on Great Bear Project
https://ceo.ca/@newswire/great-bear-royalties-appoints-board-chair-and-ceo
CASPER VEIN RETURNS 30 G/T GOLD ALONG STRIKE TO THE SOUTH-EAST
https://ceo.ca/@newswire/casper-vein-returns-30-gt-gold-along-strike-to-the
Marathon Gold Announces 2022 First Quarter Results
https://ceo.ca/@nasdaq/marathon-gold-announces-2022-first-quarter-results
Condor Gold plc announces its unaudited results for the three months ended 31 March 2022
https://ceo.ca/@nasdaq/condor-gold-plc-announces-its-unaudited-results-for-62c16
Aya Gold & Silver Reports First Quarter 2022 Results; Maintains Guidance, Mine Development on Track
https://ceo.ca/@newswire/aya-gold-silver-reports-first-quarter-2022-results
Discovery Intercepts 337 g/t AgEq over 34 m and 606 g/t AgEq over 18 m Below the PEA Open Pit at Cordero
https://ceo.ca/@nasdaq/discovery-intercepts-337-gt-ageq-over-34-m-and-606
Highlander Silver Announces Exploration Update and Management Change
https://ceo.ca/@thenewswire/highlander-silver-announces-exploration-update-and
Eastern Platinum Limited Reports Results for the First Quarter of 2022
https://ceo.ca/@newsfile/eastern-platinum-limited-reports-results-for-the-first-30fc3
OOOps …looks like Dorsey was cooking the books at Twatter
Shares getting hit harder than some PM’s even….
Coffee with Maddog
Morning friends
1800/20 will likely not hold
The gold bull will shake off as many as it can
We have seen these moves so many times
Frustrating, especially silver …….. relentless downward action
Phyzz rules the day. A silver 1 ounce Canadian Maple is still $40 bucks. (CDN)
Pinch Me when we get our Mojo back on …….
Winedoc
And to end a ‘great’ PM week…we have a 1000 pt Dow rally, in which Gold drops another 10 bucks.
and the other insult is Bitcoin up over 7.5 % on the back of the SM……this all screams the scum showing the world, they are all powerful.
Ipsofacto
Re speed limiters
the State thinks it can interfere in our lives non stop…soon we will have to ask for a permit to use the John and if we don’t wipe our backsides in the ‘correct’ manner, they will fine us.
and if any man leaves the seat up, instant castration.
Buygold
Not sure Grundlach is right on Gold being over valued….just on a cost basis 18/1900 gold is cheapish….the miners are making damn all.