said the banking system was “safe”
Given his track record of telling the truth, that ought to make everyone nervous.
Biden Insists “The Banking System Is Safe”
Yellen and regulators took ‘immediate action…’
said the banking system was “safe”
Given his track record of telling the truth, that ought to make everyone nervous.
Yellen and regulators took ‘immediate action…’
A group a while back a few yrs picked Sbsw also a decent divi stock AGI a growth was too according to but haven’t checked them lately. I can wait for moves so no particular ones but depends on the timing of when they’ll move.
What buyers in certain groups will look for is below.
But unlike other traders it’s seems gold traders will just do whatever and not work together. Don’t know who’s watching in the background and they don’t know what their doing which also means they might not know when to get out They can be their own worst enemies as well to anyone who helps them. Say for instance you do your homework and give a first target pros and cons and all they see is the target like they just want the answers. Then when it hits the first target they sell and go away and then complain the markets rigged. Not that it might not be as we know it is but these traders are part of the problem it never got to the next target.
Where groups work together buying and selling or partial locking profits then buying more depending on the chart or holding but either way taking out the computerized shorts.
Although most of these Pm stocks probably don’t have auto trading where certain numbers elicited a certain response. But that’s how they took out the hedge funds. They became a force to recon with and they stay away from PM stocks. If the time comes they see the momentum this is what they’ll look for first and will trade them.
Excellent liquidity
Proven growth over the last 5 years Healthy forward P/E ratio
Strong analyst ratings
Positive market option sentiment Low debt-to-equity ratio
The Co is as safe as Israel is,…plus it is Israeli royalty, it was formed at the same time as Israel was and was heavily involved with the formation of Israel, smuggling in the arms they needed to gain independence…..it is also strong Mossad connections…ie part of the Israeli state.
Plus it has only briefly listed in New York ,so I think the mkt has not worked out yet how to price it …..hence it being so cheap, relative to it’s dividend.
As to the Fed…..plenty of people said they wud end up between a rock and a hard place…well they have and now we see that not only was QE for 14 years plus insane, but it financed all this woke crap, which is starting to blow up.
just ystdy I was talking to a friend who works in IT for a large Co, he said he can’t get anything done and neiother can anyone else, because so many of the staff are all off talking/doing woke shiite….he said it is completely out of control….SVB went down tks to Woke …..it wasn’t just the Bonds, it was a Woke loan book, that was blowing up as well.
Good Morning. I saw it as an opportunity to play the B wave which we are now well into. At that time we were completing the A wave down and the B wave was just about to start up. Next should come the final C wave down to the Int. low.
The prior Int. mining move down ( 7 yr low) was long…from March 9 to Sept 26 and mean. It smashed much of the retail trade into deep capitulation from which junior explores have yet to recover. So, this Int. move down should be much less in length and severity. Still, we will have to endure at least a few weeks of final selling/shorting…imho. That is now almost ready to begin.
aufever @ 11:40 For in and out plays I’m on AGQ is spot silver times two. Long term I’m on Hecla, there are silver royalties to play, WPM and FNV they have divs and PEs.
what stock(s) would you buy right now as a silver play?
TIA
I was wondering with current wackado markets, economy, and everything else going on if this company’s divis would last past say 5 years less the economy’s changed but I see all the good work they put in their company even in this economic and political climate and how well they treat their share holders me thinks maybe it’s a long term keeper like I hoped.
I know what you mean with it going back below 20 as it was a dividend move selling off. I should of just got more when the ducks were lining up.
Looks like the Fed is walking on thin ice now. If they have to stop interest hikes which I don’t know if they’ll do yet , even if they don’t pivot yet the left are gonna burn another hole in the economy’s pockets before they can fix the last ones and that’s not counting the war on oil.
You know who started climate change? McCain brought it to the den and the demos ran with it. His war on Russia is why. I guess he knew they were predictable. We have a career and Trojan horse problem on both sides and that’s his legacy war and oil shortages. We need more than just complaining about these marxist we need them to do something about it.
And how does the Feds job to stabilize this economy include handing money in person no less to Zelenski ? NOTHING!!! Now paying their pensions while complaining SS pensions here are going broke. Have they ever though about halting any borrowing of it permanently, funding it instead of shrimp on treadmills, or paying back the billions they “ borrowed” through the decades and investing it properly. Oh how are they going to do it? Duh!
It would be good to hear from samb in terms of what he was/is expecting.
Aurum – if you’re out here I know you are a chart guy, what are you seeing?
chasing anything pm’s is always a risky proposition.
I do think that this move has legs, maybe some serious legs. With the exception of the headfake down below HUI 210 last week, T/A has worked perfectly. This is a textbook move to me.
Not only seeing Bonds rally, to help banks but there is a classic flight to safety, with the mkt thinking rates were still headed higher…..loads of positions are pukeing and new buyers pouring in….
But check out the banks….all down big, only JPM seems immune…..
Bitcoin up $4K – unbelievable. Near 20% move.
Imagine what a 20% move would look like in pm’s and shares.
Dunno bout whether it is good to chase this rally…..but as long as Bitcrap is a star performer, yr right to be in PM’s.
If when the system is creaking u still have loads thinking Bitcrap is the answer, then we are a long way from sanity…This whole move started with Silvergate going tits up..how much more of a warning do u need…
Plus I find it wonderfully symbolic that some thing called Silvergate, may have lit the Silver moonshot.
2 yr. down 55 bips – 1/2%, 10 yr. down 25 bips
These are absolutely huge moves. They have to get SVB’s assets up in value, so they rally bonds like nobody’s business. What does that say about the strength of the major players though.
Problem is, now they are wiping out people who are short bonds, you can bet there’s a bunch of hedgefunds that have been short for a while now. Perfect, wipe out both sides.
The Fed has finally broken something.
Gold 1922.60
Silver 22.11
Waiting for a talking head to blame Trump.
The Missus says tks v,v much as well
Before it was named Orla Mining?
I thought the same thing with NEM but they’re not getting a lot of downside traction yet. Too many shorts?
It takes big money and/or a lot of short covering to move the bond and currency markets like they’re moving right now.
Anyone?
Methinks this is a rally that can be chased.
I’m in as is the Missus……didn’t double up last Friday…when it got below $ 20…I thought about it…..but tks v v much, for the tip
The chart says it cud go back into 40/50’s…and maybe even back to the Hi’s….
I think we’re back on the road to Squillionaire Acres! It’s about time!
I don’t know anyone who deserves to get wiped out more! The thumb on the scale has been slashed!
🙂 yes, silver bears just ate a poisoned batch of honey. Silver shares finally starting to move.
Right now we’re getting the best of both worlds, we’re up when the SM is down and up even more when the SM is up. I like them odds.
HUI 240 is in play, give it another day or so.