Highlights from the Chief
Biden: "I’ll paraphrase the phrase of my old neighborhood: The rest of the countries, the world is not a patch in our jeans, if we do what we wanna do, we need to do." pic.twitter.com/s9XccTkQpw
— Greg Price (@greg_price11) January 4, 2023
Maddog
yep, good, strong moves and closes. Battle for $1850 resumes in the spot market.
Rates falling back down, same with the USD.
The stars are aligned for the pm’s to rally…
Buygold @ 1:54
Interesting … gold’s reaction to the good unemployment report wasn’t what would be expected. Still a little groggy here on the west coast so I haven’t seen much but we’re looking good so far.
Cheers
bubblevision is saying
Dec. non farm payrolls up 223,000 vs 200,000 expected … but the market is up because wage growth has slowed. FWIW
Guanajuato Silver Expands Equity Financing to C$8.5M
https://finance.yahoo.com/news/guanajuato-silver-expands-equity-financing-235000032.html
Moneta Provides 2022 Year-End Review & 2023 Plans
https://finance.yahoo.com/news/moneta-provides-2022-end-review-115000962.html
NEVADA KING INTERCEPTS HIGH-GRADE OXIDE GOLD WEST OF ATLANTA PIT INCLUDING 4.0 G/T AU OVER 29M & 1.9 G/T AU OVER 78M; DRILLS INTO GOLD MINERALIZED INTRUSIVE ROCK AT DEPTH
https://finance.yahoo.com/news/nevada-king-intercepts-high-grade-123000313.html
Stallion Gold to Acquire Athabasca Basin Properties
https://ceo.ca/@globenewswire/stallion-gold-to-acquire-athabasca-basin-properties
Red Pine Reports its Best Intersection in the Hanging Wall of the Jubilee Shear Zone: 5.13 g/t gold over 37.47m, including 25.20 g/t gold over 3.41m
https://ceo.ca/@globenewswire/red-pine-reports-its-best-intersection-in-the-hanging
Minera Alamos Files Technical Report and Preliminary Economic Assessment for the Cerro De Oro Project
https://ceo.ca/@newsfile/minera-alamos-files-technical-report-and-preliminary
2023 Mineral Resource Estimate Update, North Lake Gold Deposit, northeastern Saskatchewan, and Corporate Update
https://ceo.ca/@newswire/2023-mineral-resource-estimate-update-north-lake-gold
Caledonia Mining Corporation Plc: Completion of the acquisition of the Bilboes gold project in Zimbabwe and appointment of Executive Director
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plc-completion-of-the
LUNDIN GOLD ANNOUNCES EARLY REPAYMENT OF GOLD PREPAY FACILITY
https://ceo.ca/@newswire/lundin-gold-announces-early-repayment-of-gold-prepay
Wow
shorters @ 1850 expecting the scum smash, are now crapping themselves…
Buygold
We need some strong closes to help the TA picture……so far we have a chance the mkt may provide them.
Jobs Report a miss
223K vs expectations of 263K.
SM jumped but coming back in, pm’s about the same. Rates initially dropped, then popped.
Looks like a nothing burger but at least we’re not getting crushed.
Just thinking about time and what Midnight Gardener said
about being patient and sitting tight.
Been in this game of pm’s for 20 + years and I’m probably less capable of sitting tight than when I was just a few years in. Mainly because I’ve seen a lot of head fakes over the years and have seen a lot of gains come and go thinking “this was it”.
Let’s hope this time is the last time and we get the 10 baggers that have been so elusive over the years. Hope that we finally see $5K gold and $100 silver we’ve been promised for so long. Bitcoin type moves.
USD up, 10 yr. up 5 bips, pm’s flat, so the table is set for the jobs report. Hoping for a strong close to the first week in 2023. Hope is a helluva drug. 🙂
Ipso
HUI and shares held up surprisingly well yesterday. Another good sign of things to come?
Jobs report today, be nice if we bucked the usual trend of getting smashed.
Time for things to change and for pm’s to move higher for a while?