Loading ...they just toy with it to bring the ETF’s down
Silver is the other pain in the ass.
Bought
some GROY ..a gold Royalty Co
Gee I’d sure like to buy some Chinese gov bonds …
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
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. 🙂
Mr Copper
Their price in driving gold down partially thanks to the big mouths bragging to congress about it and inflation instead of the fundamentals of inflation because gold doesn’t cause inflation because it’s no longer pegged to the currency it just reacts to the value of the dollar.
But maybe they aren’t thinking about the inverse, that it’s pointing to them causing deflation. They can’t hide behind the gas costs as the cause because it’s a printing and spending by them causing it and causing shortages was caused by them too and has nothing to do with it. All the deflating and hiking interest making it more deflationary isn’t going to fix that.
Now people are calling me to be a school nurse. Bad time to work for the school system with the board showing their tiring and evil colors even if I wasn’t retired. I wouldn’t identify a child against their gender anyways for medical reasons and that could come back on those who did if they overlooked something in the process. Anywhere in medical now still advocating Covid vax they know doesn’t even work. So their trying to force masks on these kids using them as shields for these cowards lying about jab working at the same time for big criminal pharmas profit. I know during Covid it was more difficult to communicate with children hard of hearing and deaf using sign language because they use facial expressions and lip read along with it. Plus some aren’t old enough or special needs to just finger spell. So I made a game out it that made them laugh and make it not look like the end of the world. But it looks like some of these lunatics want to make it permanent now.
TPTB, Abnormal People, Are Screwed. Going Down Hill, winding road, With Bad Brakes,
Soon they will go off the road hit a big fat tree. LOL.
Look at Crude Oil after 9/11. Total loss of control: untitled (mrci.com)
Look at regular gas after 9/11: untitled (mrci.com)
Gold after 9/11: untitled (mrci.com)
@Buygold
The GLD paper players chart looks like its bottoming. https://schrts.co/iVyWVvXc
Paper silver SLV looks the same, way far away below the moving average lines. https://schrts.co/fvAmgpfv
The people running things can’t possibly win. They got blasted so many times, 9/11, the real estate crash, Trump exposing everything, then the covid? The attack on the White House? High Diesel prices? And the new up and coming new real estate crash.
The idiots must be getting punch drunk by now. They are a day late and a dollar short. Constantly on the defenses. Day trading the economy. On the brakes, on the gas, back on the brakes.
Maddog, Mr. Copper
forget a reversal in the shares, I’m not even sure they’ll print positive on the day.
You’re right about NEM, that thing has been sold all day. AEM not much better. This looks like a good place for a bottom but the action is weak. Typical pm action.
Buygold
GDX is on target for an inside day….so weak is the ‘rally’.
We may pull off a monthly bull reversal, if we get above 27.38 by the end of July.
@GarethSoloway on Twitter
Note: This guy constantly buys lows and sells the first good bounce. If AEM and NEM goes up, then most others also go up. M.C.
Hey Maddog
If the shares and silver don’t start to pick up some ground, I’m not even sure if this will qualify as a reversal. Shares should be screaming IMHO.
Gold plus $ 32 from lows and still they keep NEM negative
It’s like a signal to their fellow travellers….don’t worry we are still here.
Who knows
Correction (and sorry mr. Xi 😀)
The footage had nothing to do with the protest against Henan banks. Tanks appeared in Rizhao, Shandong province for military exercise-related activities.
— Willem Middelkoop (@wmiddelkoop) July 21, 2022
Battle going on in the fiat markets
Feels like there’s a bid underneath the shares, but the rallies keep getting beaten back.
from bubblevision … Biden has Covid
He’d better order some Ivermectin horse paste from Amazon!
Maddog @ 10:09
Yep “We’ll own nothing”
That’s when the pitchforks come out. I can’t believe the people of California and elsewhere are leaving these bastards in office!