Posted by Maddog
@ 14:29 on July 15, 2022
Tks for those Coal Co’s…boy did we miss a move there….that Consol one is up near 17 times from the lows…
I looked at a weekly chart and see it moved off a great bowl base…..the type silver has had. but is never ‘allowed’ to move off….that action is what a free mkt looks like. Grrrrr
Posted by Mr.Copper
@ 14:12 on July 15, 2022
Could that be a washout bottom capitulation? And up it goes as Dopey drops from here? How else can we explain that volume? Just an error on the chart? We all know the dollar is crazy high lately. Often we see crazy highs leading to crazy lows. Maybe soon crazy lows lead back to crazy highs. USD is way out of line. It should have started dropping a month ago.
https://schrts.co/nBBQZhtC
https://finviz.com/quote.ashx?t=UDN&ty=c&ta=1&p=d&tas=0
Posted by Maddog
@ 13:39 on July 15, 2022
Re short interest in PM stox……that makes no sense, as the selling is relentless, day in day out…plus we rarely see any covering. Most buyers are diehards …cold dead hands holders…..so they never sell.
I’d suggest that it ain’t reported and no-one complains/looks into it…which is par for the course in these mkts.
Posted by silverngold
@ 12:50 on July 15, 2022
Posted by Mr.Copper
@ 12:17 on July 15, 2022
The FANG stocks are played out too. Coal may be the new game going into the future. The global community entering de-globalization, is poor, and coal is a good way for all to save money, the cheapest way out. The costs on society fighting climate change, have taken their toll.
https://finviz.com/quote.ashx?t=HNRG&ty=c&ta=1&p=w
https://finviz.com/quote.ashx?t=CEIX&ty=c&ta=1&p=w
https://finviz.com/quote.ashx?t=ARLP&ty=c&ta=1&p=w&tas=0
Posted by Mr.Copper
@ 11:43 on July 15, 2022
Right on all that. On the positive side, it’s always darkest, before the dawn. Like you said, the nonsense is being felt and noticed by more people, and the establishment is constantly getting increasingly bad publicity. Thank you the summer 2008 crash, and thank you Donald Trump.
Posted by goldielocks
@ 11:31 on July 15, 2022
Pretty much so. That’s what I though too. Like what’s he doing lol
Posted by goldielocks
@ 11:29 on July 15, 2022
Understood. Nevertheless people just have a way of figuring things out if their eyes are open.
Even the younger ones with no party affiliate and too busy to notice usually can’t miss what the left are doing to our economy or our schools the crime and our freedoms are saying that whole party needs to go. Except a few like Manchin.
Posted by Mr.Copper
@ 11:19 on July 15, 2022
Hi, I never suggested they have to make adjustments suddenly, I’m just pointing out distortions or differences or changes that happened over time since the 1970s. Basically the USA went from a trade and budget surplus to a trade and budget deficit. ($32 trillion?) Also pointing out the net deflation adjusted for inflation, in entry level labor costs.
Posted by Richard640
@ 11:16 on July 15, 2022
Posted by goldielocks
@ 11:10 on July 15, 2022
Good for Manchin, one of the last in the demo party with any intellect and integrity amongst a bunch of morons that just can’t reach far enough in our pockets.
Meanwhile Joe is heading for Saudi oil because he wants to protect the consumers to bring the gas prices down because of the war in Ukraine right?
He promised his party he’d shut the oil down, why don’t he own it? I guess his voters didn’t think that through.
Posted by ipso facto
@ 10:46 on July 15, 2022
Manchin Shuts Down Latest Plans For New Tax Hikes, Climate Spending
Sen. Joe Manchin (D-WV) has once again derailed the Biden agenda, telling Democratic leaders on Thursday that he won’t support new spending on new tax hikes or spending on climate measures, in what Bloomberg describes as a “potentially fatal blow” to Democrats’ ambitious economic agenda.
https://www.zerohedge.com/political/manchin-shuts-down-latest-plans-new-tax-hikes-climate-spending
Posted by goldielocks
@ 10:45 on July 15, 2022
I did and was fine. That was almost 2 hrs of being stuck there. Moving one car length at a time then stopping again. I had a two bedroom time share up and they’d even set up fishing trips and other things there if I wanted to get away. I could go anytime for a small fee.
Posted by ipso facto
@ 10:37 on July 15, 2022
If you have power steering I don’t think you want to turn off your engine even if going slowly …
Posted by goldielocks
@ 10:27 on July 15, 2022
I did that before coming down from Tahoe. Difference was there was a landslide and traffic was at a complete stop on only moving a car space at a time and got tired of turning the engine on and off. It is a hard pull even then and have to move slow in neutral.
That kinda ruined his day. Huh
Those bMWs are costly to fix anyways.
I checked with my daughters bike abd found a recall on the breaks that she never got the message. Her phone broke too so had to walk quite a distance to get help. I wouldn’t of known about it because she couldn’t call anybody but the police called me saying I was a nearest relative and asked if I knew where she was when they found the bike.
Good thing I found out when I let her borrow my phone til she got another that day she had a heck of a time typing on it so Im not alone.
Posted by ipso facto
@ 10:23 on July 15, 2022
Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again
Rio Tinto (ASX, LON, NYSE: RIO) flagged on Friday a cost increase of $300 million for the ongoing expansion of its massive Oyu Tolgoi copper-gold mine in Mongolia.
The world’s second largest miner said the cost and schedule reforecast, completed in June, now pegs the total project cost estimate at $7.06 billion, almost $1.8 billion higher than its original estimate in 2015.
SIGN UP FOR THE COPPER DIGEST
The company blamed the rise on skilled labour supply constraints caused by covid-19 and noted the new estimate, under review by Oyu Tolgoi’s board, assumes there are no further disruptions.
Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again
Posted by goldielocks
@ 10:15 on July 15, 2022
I saw that before. I wonder why he did that add. It’s no like he needs the money.
Posted by ipso facto
@ 10:01 on July 15, 2022
He almost was a contender!
Posted by silverngold
@ 9:43 on July 15, 2022
Posted by Buygold
@ 9:34 on July 15, 2022
just 4 minutes in.
Still can’t hold even a small gain.
Posted by ipso facto
@ 9:29 on July 15, 2022
Isn’t that amazing that BMW with their expensive automobile is stooping to nickel and dime their customers. All they are going to do is piss them off!
In the future: A man driving on the freeway … Oh no I forgot to renew my steering subscription … Aiiieeee CRASH!
That reminds me of a guy I used to work with in N. California, decided to drive up to Reno to do some gambling … on a long down slope in the Sierras he thought he would save some gas so he turned off his engine … the power steering locked up and he drove off the road and crashed. He wasn’t hurt bad but his car was totaled. He was very lucky and probably never did that again!
Posted by goldielocks
@ 9:28 on July 15, 2022
Fed will only reverse if the economy slumps in a recession but thing is like retail if they’re looking at jobs it isn’t gonna be enough because just because they have jobs doesn’t mean their not getting buried in inflation. Their savings isn’t going up but they don’t care.
A lot of damage could be done before they get it and we lose jobs which we already are and they can’t just push a button to bring them back.
One thing that brings prices down besides everything else they’re doing wrong is stoping monopoly’s to protect consumers. Instead they’re selling out to monopoly’s like Gates and the vax cabel and their games, Cig “ fag” company’s getting that idiot Biden to shut down a vape product.
There idea of working a job is people working FOR the job like a slave, instead of working freely for themselves. Just fill in the slots and play with numbers.
Meanwhile printing press keeps running for the wrong reasons.
Posted by ipso facto
@ 9:22 on July 15, 2022
Hecla Mining (HL) Q2 Silver Production Up 10% Sequentially
https://finance.yahoo.com/news/hecla-mining-hl-q2-silver-135201872.html
Chile top court ratifies closure of Canadian-owned Pascua Lama mining project
https://finance.yahoo.com/news/chile-top-court-ratifies-closure-183516028.html
Wesdome Announces 2022 Second Quarter Production Results
https://finance.yahoo.com/news/wesdome-announces-2022-second-quarter-210000417.html
Karora Resources Closes Previously Announced $80 Million Credit Agreement with Macquarie Bank Limited
https://finance.yahoo.com/news/karora-resources-closes-previously-announced-162800648.html
Asante Announces US$140M Forward Gold Purchase Agreement
https://ceo.ca/@globenewswire/asante-announces-us140m-forward-gold-purchase-agreement
Mayo Lake Minerals Completes Drill Program at Carlin-Roop
https://ceo.ca/@newsfile/mayo-lake-minerals-completes-drill-program-at-carlin-roop
Juggernaut Commences Drilling Goldstandard Discovery
https://ceo.ca/@globenewswire/juggernaut-commences-drilling-goldstandard-discovery
Almadex hits multiple veins at the Davis Vein Target including 1.70 metres of 11.8 g/t gold and 68.2 g/t silver and 13.70 metres of 2.3 g/t gold and 24.1 g/t silver at the Davis/Paradise Project, Nevada
https://ceo.ca/@globenewswire/almadex-hits-multiple-veins-at-the-davis-vein-target
Nine Mile Metals Announces Certified Drill Results of (175.28 g/t Ag, 7.35 % Zn, 4.78 % Pb, 3.07 % Cu, and 1.69 g/t Au) over 10.40m and Commences the BHEM Survey on Their High-Grade Nine Mile Brook VMS
https://ceo.ca/@newsfile/nine-mile-metals-announces-certified-drill-results-3a30b
Posted by goldielocks
@ 9:08 on July 15, 2022
Short interest is very low in PM stocks I’ve checked so don’t see any short squeeze interest. We just have Powell and the sledge hammer going on and people averaging in others just holding.
Posted by Maddog
@ 9:07 on July 15, 2022
The nightmare is getting close and way worse.