Credit Suisse CDS spread…
Balance sheet with assets of 727bn financed with only 42bn tangible equity at end q2…
Market cap is a tiny 10bn…
CFO today said “Credit Suisse is at a critical moment”… counterparty risks are increasing… pic.twitter.com/Rl8RzK9wbM
— Wall Street Silver (@WallStreetSilv) October 3, 2022
Ipso
Yes. Very relieved. The destruction around my area was mixed. Some ok and some brutal, trees on houses etc. I’m sure you’ve seen it on TV
No Unicorns and Butterflies here
Victor Davis Hanson: The Thinnest Veneer Of Civilization Remains
https://www.zerohedge.com/political/victor-davis-hanson-thinnest-veneer-civilization-remains
Silver
We still need a few bucks before the shares light it apparently.
Seems like the shares should be doing better.
Buygold
Good to see you have just minimal damage to your house! I bet you are breathing a sigh of relief!
Cheers
ENDEAVOUR’S OPERATIONS IN BURKINA FASO UNAFFECTED BY THE CURRENT POLITICAL SITUATION
https://finance.yahoo.com/news/endeavour-operations-burkina-faso-unaffected-053000982.html
IAMGOLD Reports Essakane Mine Continues Normal Operations Following Political Developments in Burkina Faso
https://finance.yahoo.com/news/iamgold-reports-essakane-mine-continues-110000865.html
MAKO MINING ANNOUNCES OPERATIONAL UPDATE ON RECOVERIES
https://finance.yahoo.com/news/mako-mining-announces-operational-recoveries-110000974.html
Endurance Reports Multiple Gold Intersections in Five Drill Holes – New Eagle Zone Intersections of 7.65 Gpt Gold over 12.7 m and 7.55 Gpt Gold over 8.9 m
https://finance.yahoo.com/news/endurance-reports-multiple-gold-intersections-111400175.html
NEVADA KING MOBILIZES A FOURTH DRILL RIG TO ITS 100% OWNED ATLANTA GOLD MINE PROJECT, BATTLE MOUNTAIN TREND, NEVADA
https://finance.yahoo.com/news/nevada-king-mobilizes-fourth-drill-113000123.html
Dolly Varden and Fury Announce the Sale of Dolly Varden Common Shares to an Institutional Investor
https://finance.yahoo.com/news/dolly-varden-fury-announce-sale-130000153.html
Opawica Acquires Drill Ready Cornwall BC Property
https://ceo.ca/@thenewswire/opawica-acquires-drill-ready-cornwall-bc-property
Jayden to Purchase 100% Interest in Kenorland’s Wheatcroft Project
https://ceo.ca/@thenewswire/jayden-to-purchase-100-interest-in-kenorlands-wheatcroft
Sixty North Gold Expands the IOCG Target on the Mon Property, Finds Gold-Rich Areas
https://ceo.ca/@newsfile/sixty-north-gold-expands-the-iocg-target-on-the-mon
Riverside Resources Regains 100% Control of the La Union Gold-Silver-Zinc Project After More than US$500,000 in Partner Funded Exploration and Consolidation Work
https://ceo.ca/@newsfile/riverside-resources-regains-100-control-of-the-la
Sarama Activities Continue in Burkina Faso
https://ceo.ca/@accesswire/sarama-activities-continue-in-burkina-faso-cbd4e
Viva Gold Commences RC Drilling; Provides Update on Tonopah Gold Project, Nevada
https://ceo.ca/@accesswire/viva-gold-commences-rc-drilling-provides-update-on
Sanu Gold Announces New Discovery from Initial Drill Program at the Daina Gold Exploration Permit in Guinea, West Africa
https://ceo.ca/@newsfile/sanu-gold-announces-new-discovery-from-initial-drill
Stratabound Files NI 43-101 Technical Report on Updated Mineral Resource Estimate on Fremont Gold Project
https://ceo.ca/@newsfile/stratabound-files-ni-43-101-technical-report-on-updated
Futures Prices Manipulated Was Mentioned on CNBC
I recorded the part but can’t paste it here. This was related to Oil. OPEC is planning to cut production and they said the futures prices were not accurate since they have been selling oil above the futures prices.
Us precious metals investors have noticed this nonsense and complaining about this for decades. The news might grow on this. I used to buy 4×8 sheets of sheet metal and always thought it was artificially cheap compared to plywood sheets. Look at copper futures prices. And check out copper rounds prices.
Going off the Gold Standard in 1971 was the same as putting a Copper Penny behind the fuse.
PS I know we all don’t like ETFs but I started playing with them out of boredom. I saw Silver so low I bought some AGQ silver bull x 3 last week and it’s naturally outperforming the silver miners.
Didn’t realize the
SM got slammed again on Friday and we still held up pretty well. Methinks our pm’s are starting to slowly move up in advance of the pivot. What will they do in November before Christmas?
Got some internet on my phone
No electricity yet, they’re saying October 9th. Candles, pop up lights, and flashlights are the order of the day. Just a few piles to pick up in the back today. I did get a little water damage as the water came up about a foot outside the house. Some leaked under the door which we sealed as best we could beforehand, and some from around the windows. No big deal, carpet was wet but not squishy wet.
At least we pm’s aren’t causing additional stress at the moment. 🙏
Gold Train
CN-IC Santa Train
https://railpictures.net/photo/800855/