Nervous markets. Foreign outflows from Chinese government bonds hit a record in June, the fifth straight month of selling. Bets against the currency are gathering pace. Prices on junk dollar debt are on the brink of an all-time low. 4/10https://t.co/hdAD10X711
— Sofia Horta e Costa (@SofiaHCBBG) July 22, 2022
Gee I’d sure like to buy some Chinese gov bonds …
Maddog
PM shares sure shy on the upside. Is it manipulation or is it just that so many people have been burned for so long that they’ve gone to greener pastures?
Still I’m looking forward to the turn!
Caledonia Mining to buy one of Zimbabwe’s largest gold projects
Caledonia Mining Corporation (LON: CMCL) is set to be the new owner of one of Zimbabwe’s biggest gold mining projects after agreeing to acquire Bilboes Gold Limited, owner of the namesake gold project, in a $53 million shares deal, plus a royalty on revenues.
The transaction could more than double Caledonia’s annual production, potentially making it Zimbabwe’s top gold miner. It would also help the company become a multi-asset mid-tier producer.
Caledonia Mining to buy one of Zimbabwe’s largest gold projects
Mad Bots are useing this PM rally to pile onto Long Gold…. Short shares
That and the scum leaning on the shares…..that is the only explanation I can see, as to why PM shares are so weak.
A positive development
Breakthrough Ukraine Grain Export Deal Being Finalized & Signed: Turkey
Turkey has announced that Russia and Ukraine are on the cusp of signing a deal that would allow for the resumption of crucial grain exports from Ukrainian ports, after days of intense negotiations in Istanbul. Expected to be signed Friday, details have yet to emerge, but The New York Times is reporting that Ukraine may have compromised on a key demand regarding demining its ports.
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Gold Standard Security Holders Vote for the Proposed Transaction With Orla
https://finance.yahoo.com/news/independent-proxy-advisory-firms-iss-213800839.html
Equinox Gold Celebrates 5 Million Ounces of Gold Produced from Mesquite Mine
https://finance.yahoo.com/news/equinox-gold-celebrates-5-million-111500063.html
Kuya Silver Announces Term Loan and Provides Corporate Update
https://ceo.ca/@newsfile/kuya-silver-announces-term-loan-and-provides-corporate
South Atlantic Gold Announces Memorandum of Understanding Signed with Ceara State, Brazil
https://ceo.ca/@thenewswire/south-atlantic-gold-announces-memorandum-of-understanding
Visionary Gold Corp. Announces Closing of Non-Brokered Private Placement
https://ceo.ca/@newsfile/visionary-gold-corp-announces-closing-of-non-brokered-5b706
Great Panther Announces Completion of Share Consolidation
https://ceo.ca/@newswire/great-panther-announces-completion-of-share-consolidation
The Democrats will do him in
Biden is no longer useful ,they will kill him one way or another,them blame it on Covid , Putin or Trump if they can imagine how to do that ..They will process the words until something sounds plausible…. The problem is ..then what? Take the Market down ..declare Marshall Law ? What to do about succession ..Cancel the next election ? Hang on to your GOD GUNS and AMMO.Praise the Lord and pass the ammunition !
NY Times Media Idiot Admits He Was Wrong About Trump Supporters
Amazing, the media getting practical instead of emotional? Are they getting embarrassed? Siding with stupidity?
part:
“What Trump’s supporters saw was a candidate whose entire being was a proudly raised middle finger at a self-satisfied elite that had produced a failing status quo,” he asserted.
“I was blind to this,” Stephens admitted. “I belonged to a social class that my friend Peggy Noonan called ‘the protected’,” he said and acknowledged his own financial luxuries.
Early look
USD up .5% – that didn’t take long. Gold up a little but silver down – never seen that before.
NEM a little frisky in the premarket.
If we get follow thru, it won’t really be follow thru because we didn’t really have a reversal yesterday. 🙂
Gold Train
Push Me, Pull You
https://railpictures.net/photo/796584/