Buygold
There’s something to be said for buying solid companies! Too bad I don’t have it anymore.
Ipso – WPM
They really are a cash cow. Benzinga reports them as missing earning and sales but how can you argue with performance?
Probably be good for a 10% hit in the morning. 🙁
Blue Blue Chip …… at least someone’s making money
Wheaton Precious Metals Generates Strong Cash Operating Margins in 2022
https://finance.yahoo.com/news/wheaton-precious-metals-generates-strong-220000003.html
More light volume
a little surprised we’re flat although they’ve had their boots on the neck of NEM all day long.
Every now and then the shares catch a sector wide bid, but they are unable to maintain even small gains, we’re talking pennies. It’s been this way all week except for Wednesday. No follow thru to the Fed meeting slaughter. Probably should be?
Maybe flat is good?
Considering the SM is under a little pressure. OTOH, we did take a pretty good beating earlier in the week.
We’re going all-in tomorrow…
I don’t know how the $500 Trillion net worth of the ‘evil empire’ was calculated…
but that represents about $62500 for every man , woman and child living at New Year’s Eve , 2022 .
Yes , they are Jews , but do not paint all Jews with a wide brush . There is a Bell Curve distribution of good vs evil of every grouping you can think of among mankind . Unfortunately the sociopaths and psychopaths are drawn to power and wealth , so the ‘elite’ of the Earth are over-represented at the evil extreme of that distrbution .
I would not want to be Ferguson and his band of 13 in WA state when it is pitchfork and torches time !
Shares are sure tentative
I’m thinking tomorrow might be pivotal for PMs for the rest of the year. We’ll see.
Wow
Complete List Of Rothschild Owned And Controlled Banks
https://newspunch.com/complete-list-of-rothschild-owned-and-controlled-banks/
Morning Buygold @ 8:53
In a non rigged world g+s should have some support here but in our market you just never know.
“Can’t believe the 2 yr, treasury is over 5%. Why would anyone buy a 10 yr. at 4%?”
Shorter term rates paying more than long term … the classic sign of a recession coming!
Unbelievable!
New Bill Would Classify Conservative Speech As ‘Domestic Violence Extremism’
Washington State Attorney General Bob Ferguson is aggressively pushing legislation that would establish a 13-member panel to determine what constitutes disinformation and misinformation rising to the level of “domestic violence extremism,” according to The Center Square. The panel would also collect data on incidents of their pickings of domestic violent extremism and classify noncriminal activities or speech as such.
$1830 on the block
The battle for $1830 is on, first penetration beaten back quickly.
Morning Ipso
Yes, very telling about the difference between gold & silver and most everything else.
Glad we stopped and bounced off some support in the HUI and ETF’s. Hopefully we can get a little momentum this morning and get some distance off the potential bottom.
Can’t believe the 2 yr, treasury is over 5%. Why would anyone buy a 10 yr. at 4%?
USD down a few bips, but pretty much flat. 10 yr down a few bips as well 3.97% Tailwinds for now but they are already waiting to pounce on silver the weak sister.
Buygold @ 0:22
Interesting to see how balanced the commercial longs and shorts are in the copper market. What a difference from gold and silver.
Franco-Nevada Provides Update on Draft Cobre Panama Concession Agreement
https://finance.yahoo.com/news/franco-nevada-provides-draft-cobre-143400019.html
Torex Gold Reports Results From Drilling at Media Luna
https://finance.yahoo.com/news/torex-gold-reports-results-drilling-230000390.html
Endeavour Reports Strong FY-2022 Results
https://finance.yahoo.com/news/endeavour-reports-strong-fy-2022-070000879.html
West Red Lake Gold Completes Acquisition of Flagship Rowan Property
https://finance.yahoo.com/news/west-red-lake-gold-completes-120000335.html
South Darlot Gold Project: Endeavour Diamond Drilling Programme
https://ceo.ca/@globenewswire/south-darlot-gold-project-endeavour-diamond-drilling
Texas Mineral Resources Completes Phase 3 Geophysical Surveying in New Mexico’s Blackhawk Silver Mining District
https://ceo.ca/@globenewswire/texas-mineral-resources-completes-phase-3-geophysical
Metallica Metals Announces Acquisition of Mineral Assets
https://ceo.ca/@newsfile/metallica-metals-announces-acquisition-of-mineral-assets
Correction – Day 4
I guess that’s what this is, a correction inside of a correction. Just need to get through today and pray for tomorrow with the Jobs Report.
Hanging on by a thread with the dollar down a little. Flat may be the best we can do.
COT Report – February 14th, 2023
The CFTC has posted another weekly report on their website.
Here’s the shimmy: it’s another bullish report.
CFTC Commitments of Traders Report – CMX (Futures Only)