Loading ...Today was a big disappointment. Gold up nicely and the junior shares down. At least the bigger miners held their own. I’ve had better days with gold down $20!
Talking is good
US, Russian Military Chiefs Hold Emergency Deconfliction Call For 1st Time In Months
Update(1559ET): Defense Secretary Lloyd Austin confirmed in an afternoon press briefing that he spoke with his Russian counterpart Defense Secretary Sergei Shoigu – in the first such phone call since October – about Tuesday’s drone incident over the Black Sea.
Maddog
I’m not talking about dat trading but those accumulating. Since people are looking at is as a common stock instead of of respecting it as dividend stock that’s all I’ll say other than once it hits a certain number it’s gonna leave the ones trading it as a common stock we’ll never mild you’ll find out.
@Maddog re will bring the world economy to its knees if folks don’t wake the f**k up,
In my view that already happened, thats why everything is so screwed up. I told my friend years ago, many, that eventually they will have to just give people money. Well they gave out plenty even for businesses. They have no choice. They hit the point of no return on that runway. Its Throttle Up Huston. 🙂 Another way to look at it. A crook found a credit card, not reported lost, and its still working, so him and all his friends are having a ball with it. Sooner or later the next purchase will be “Denied.”
I knew by 1975 working in factories, the system was going to collapse in the future because of globalization, foreign competition for our producers, imports killing our jobs, exporting our wealth and wages lagging inflation. I’m glad I lived long enough to see this slow motion train wreak.
I just took a little shot with some Vegas money at ZIM 75 at 24.07
So, they dive-bombed us back to flat in the metals
Pretty good trick if you have enough money and blind regulators.
The 10 yr. is coming back too.
Let’s see how the last hour goes, it’s been favorable lately.
I thought we were in for a big day, still expect one either tomorrow or Friday. Hope it’s not down. 🙂
Stocks Soar After Swiss Authorities Hold “Stabilizing” Talks With Credit Suisse, To Make Statement Shortly
https://www.zerohedge.com/markets/credit-suisse-sparks-global-de-risking-after-top-investor-bails
here are two posts discussing CS……it’s a pile of crap.
‘I worked there, their managers are chosen by a very corrupt and nepotic system, the idiots float to the top so their current state is no surprise to me. They are also super woke and we know where that inevitably leads.
Current wokeness and crazy policies, zero carbon, mandated diverity quotas, etc. will bring the world economy to its knees if folks don’t wake the f**k up, and pretty quickly.’
and
‘I did a lot of work with CS a few decades ago. It was a chaotic place even back then. CS did extremely well ‘privatising’ state companies after the fall of the Soviet Union. Enough said on that, but the individuals involved closing the deals did even better. Literally they had bankers returning from business trips to find a Ferrari parked on their driveway with the ignition keys posted through the letter box. The subsequent take-over of DLJ was also mired in controversy. Rumour is the DLJ board would only approve the final deal if CS greased them personally with an additional $1 billion to be shared between about a dozen DLJ board members. Nice. Within 12-months all the DLJ staff had left and the whole thing was worth zippo.’
I’ll add that DLJ was also a pile of crap, full of crooks…they owned a bullion operation I forget the name,…when it all went tits up….they had a whole load of Portugals Gold on a lease deal from the CB….which they sold, and paid their bonus’ from…Portugal never got the gold back….
— . (@StockCats_2009) March 15, 2023
yeah Alex, me too
I don’t think it will end this way but the SM is definitely dragging us down,
Looks like Credit Suisse is going belly up.
USD is absolutely screaming higher. No doubt foreign demand for USD’s to buy treasuries.
Stunning that the metals aren’t getting crushed. They’ve tried several times but haven’t been able to break them yet.
The Fed is going to have to print like crazy to rescue the banks but the dollar is up a bunch?
Is this the least dirty shirt in the world scenario?
Gold Is Kryptonite For The Federal Reserve Note. The Fed Is Shooting Blanks
Last year the ten year interest was 2%. It got to 4.2% and today 3.4% and Gold is $1,938. The higher rate did noting against gold. If anything, the higher rates only stopped gold from being $2500 today. Gold is up today even with the dollar up today. Energy was the best sector and now even they are crashing.
Alex Valdor
Mine too! Who can figure this shi* out!
Gold and silver up
but my portfolio of miners is down .
YEP! That makes sense …
LOL
Rob Schneider @RobSchneider about “Build Back Better”. pic.twitter.com/2cM9d1dbkW
— Dr. Anastasia Maria Loupis (@DrLoupis) March 14, 2023
Insurance companies
Seems I was a little late on my insurance guess. The Hartford is in a free fall for about a week. I have been busy on my construction job and totally missed it.
Real estate in Oklahoma is still selling at inflated prices. Lots of people from California, Oregon, and Washington are moving here. Illinois, New York and New Jersey folks are also coming. They are selling their houses and replacing them here for about half price. I hope rates go up high enough so the6 have to sit it out where they are.
All those empty properties must hurt
If there is a future bank loan problem, it is most likely going to be commercial real estate and all of those empty offices. 🤔 pic.twitter.com/XaoFpMEsZu
— Wall Street Silver (@WallStreetSilv) March 15, 2023
SM down badly on open … HUI up nicely on open
As it should be …
maybe spoke too soon. Looks like it’s gonna be a wild day!
Oil getting ridiculous
down 5% now.
These swings in the bond market
have to be causing huge losses (and gains) for hedgefunds and pensions.
10 yr down 25 bips, 2 year down 40!
NEM and shares picking up steam.
ARIS MINING REPORTS Q4 AND FULL-YEAR 2022 FINANCIAL AND OPERATING HIGHLIGHTS
https://finance.yahoo.com/news/aris-mining-reports-q4-full-214200051.html
ARIS MINING ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE TOROPARU PROJECT IN GUYANA
https://finance.yahoo.com/news/aris-mining-announces-updated-mineral-214500407.html
Ascot Resources receives C$200M in funding to get Premier gold project closer to production
https://finance.yahoo.com/news/ascot-resources-receives-c-200m-162425897.html
i-80 Gold Reports Q4 and Full Year 2022 Operating Results
https://finance.yahoo.com/news/80-gold-reports-q4-full-232200408.html
New Found Announces Increased Weighting by GDXJ
https://finance.yahoo.com/news/found-announces-increased-weighting-gdxj-103000826.html
LAURION’s 2023 Exploration Campaign Commenced on its Ishkoday Gold-Polymetallic Property
https://ceo.ca/@newswire/laurions-2023-exploration-campaign-commenced-on-its
New Break Increases Land Position at its Moray Project
https://ceo.ca/@newsfile/new-break-increases-land-position-at-its-moray-project
Ashley Gold Begins Acquisition of Dryden Area Drone Magnetic Surveys
https://ceo.ca/@thenewswire/ashley-gold-begins-acquisition-of-dryden-area-drone
Puma Exploration Mobilises Crew for Its 2023 Drilling Program at the Williams Brook Gold Project
https://ceo.ca/@globenewswire/puma-exploration-mobilises-crew-for-its-2023-drilling
Kuya Silver Intersects Native Silver Veining at Campbell-Crawford Area, Silver Kings Project, Ontario
https://ceo.ca/@newsfile/kuya-silver-intersects-native-silver-veining-at-campbell-crawford
New Pacific Provides Project Updates
https://ceo.ca/@newswire/new-pacific-provides-project-updates
Dynacor Reports Sales of US$28.6 Million (C$38.5 Million) for February 2023
https://ceo.ca/@businesswire/dynacor-reports-sales-of-us286-million-c385-million
SOMA RESUMES MINING OPERATIONS AT EL BAGRE GOLD COMPLEX IN COLOMBIA
https://ceo.ca/@newswire/soma-resumes-mining-operations-at-el-bagre-gold-complex
Monarch Provides Exploration Update on Its McKenzie Break and Swanson Projects
https://ceo.ca/@globenewswire/monarch-provides-exploration-update-on-its-mckenzie
Vista Gold Corp. Surface Exploration Outlines Additional Gold Targets at Mt Todd
https://ceo.ca/@businesswire/vista-gold-corp-surface-exploration-outlines-additional
American Creek’s JV Partner Tudor Gold Announces Significant Upgrade to Mineral Resource Estimate for the Goldstorm Porphyry Deposit at the Treaty Creek Project, British Columbia with Increased Gold, Copper and Silver Grades and Doubling of the Total Contained Copper to 2.1 Billion Pounds in the Indicated Category
https://ceo.ca/@newsfile/american-creeks-jv-partner-tudor-gold-announces-significant
Element79 Gold Corp Engages Peruvian Technical Services Provider for Development at Lucero
https://ceo.ca/@thenewswire/element79-gold-corp-engages-peruvian-technical-services
Collective Mining Drills 359.15 Metres at 3.32 g/t Gold Equivalent from Surface, Including 35.30 Metres at 8.06 g/t Gold Equivalent in Oxides at the Apollo Porphyry System
https://ceo.ca/@newswire/collective-mining-drills-35915-metres-at-332-gt
Calibre Delivers High-Grade Ore From the Pavon Central Mine Ahead of Schedule to the Libertad Mill Averaging 1,000 Tonnes Per Day at 7.39 g/t Gold in February
https://ceo.ca/@globenewswire/calibre-delivers-high-grade-ore-from-the-pavon-central
we are breaking thru a major top line in AU, that capped that last two runs and this one for
2 months……a minor swing target is over 2100
Gold pops $1930
no doubt on its’ way to $1950, silver up 2% and going to take another run at $24
Air Force goes on diversity, equity, inclusion hiring spree: Top job pays up to $183,500
https://www.foxnews.com/politics/air-force-diversity-equity-inclusion-hiring-spree-top-job
Vlad is shaking with fear, at this horrendous news……
Talking heads on rates
They’ve gone from a potential .50 rate hike to now talking about a rate cut.
It’s going to take a lot of rate cuts to get this squared away.
Oil now 69 and change, down over 3%
Sorry for all the posting, I’m getting manic.
It’s so refreshing
to see pm’s doing what they should be doing during a market downturn.
These numbers were pretty bad. Retail Sales slowing, NY Manufacturing getting crushed.
The Fed has finally broken some things, now we find out what the collateral damage is.