If there’s dirty tricks going on …
Seems I read someplace that China wants the silver price higher to stimulate production. Me too!
If there’s dirty tricks going on …
Seems I read someplace that China wants the silver price higher to stimulate production. Me too!
[snip] …
If sentiment for the precious metals can be controlled by sentiment for the mining shares…
And if sentiment for the mining shares can be measured by the relative performance of a major ETF…
And if, via HFT, you can link the performance of that ETF to the price of COMEX silver…
And if you can easily control and manipulate the price of COMEX silver…
Then it’s possible to control the entire sector by simply managing the COMEX silver price.
That is the question.
HUI support at 220. If it goes everything goes, metals are going down big.
maddog-hilarious but not out of the question
COMEX Silver and the GDX
The price of gold is up over $100 year-to-date and yet precious metal enthusiasts are suffering through some of the worst sentiment and depression on record. Why? It’s hard to say, but the performance of the mining shares thus far in 2023 has a lot to do with it.
Let’s start with the gold price. As I type this on June 20, COMEX gold is up $118 on the year or about 6.5%. This is right in line and moving toward the annual average gain since the new century began, as you can see below in this chart from Ronnie Stoeferle and his team at Incrementum.
https://www.zerohedge.com/news/2023-06-20/comex-silver-and-gdx-gold-and-silver-price-analysis
China rips Biden description of Xi as dictator as ‘extremely absurd and irresponsible’
“The reason why Xi Jinping got very upset in terms of when I shot that balloon down with two box cars full of spy equipment is he didn’t know it was there. No, I’m serious. That was the great embarrassment for dictators, when they didn’t know what happened,” Biden said in California.
China rips Biden description of Xi as dictator as ‘extremely absurd and irresponsible’
B2Gold Announces Updated and Significantly Increased Mineral Resource Estimate for the Anaconda Area, Located Near the Fekola Mine, Mali
https://finance.yahoo.com/news/b2gold-announces-updated-significantly-increased-120000809.html
Integra Provides Corporate Update for Nevada Projects
https://finance.yahoo.com/news/integra-provides-corporate-nevada-projects-104500017.html
White Gold Corp. Announces Commencement of Diamond Drilling at the Vertigo target on the JP Ross Property, White Gold District, Yukon, Canada
https://finance.yahoo.com/news/white-gold-corp-announces-commencement-110000066.html
Sokoman and Benton Intersect 1.22% Li 2O over 13.37 m at the Killick Zone and Mobilize Second Drill to Golden Hope JV – Southwest Newfoundland
https://finance.yahoo.com/news/sokoman-benton-intersect-1-22-130000301.html
Equity Resumes Drill Program at the Silver Queen Project, BC
https://finance.yahoo.com/news/equity-resumes-drill-program-silver-133000572.html
West Red Lake Gold Intersects 113.74 g/t Au Over 0.5m, 104.98 g/t Au Over 0.4m and 74.36 g/t Au Over 0.5m at Rowan Mine
https://finance.yahoo.com/news/west-red-lake-gold-intersects-110000083.html
Troilus Drills 1.30 g/t AuEq Over 28m, 36.08 g/t AuEq Over 0.5m and 12.05 g/t AuEq Over 2m; Confirms Mineral Continuity in the Northeast Region of Zone X22
https://finance.yahoo.com/news/troilus-drills-1-30-g-110000786.html
VR Resumes Drilling on the Kimberlite Breccia Pipe Complex Discovered on its Northway Property in Northern Ontario.
https://finance.yahoo.com/news/vr-resumes-drilling-kimberlite-breccia-113015646.html
Summa Silver Significantly Increases Project Size at the High-Grade Silver-Gold Mogollon Project, New Mexico
https://finance.yahoo.com/news/summa-silver-significantly-increases-project-113500646.html
Golden Lake, i-80 Gold and North Peak Commence Collaborative Drone Magnetic Survey on Their Respective Properties, in the South Eureka Gold Belt, Nevada
https://ceo.ca/@accesswire/golden-lake-i-80-gold-and-north-peak-commence-collaborative
Metals Creek Discovers Second Zone of Gold Mineralization on the Shabaqua Corners Gold Property
https://ceo.ca/@newsfile/metals-creek-discovers-second-zone-of-gold-mineralization
Gowest Gold Enters into Debt Conversion Agreements
https://ceo.ca/@newsfile/gowest-gold-enters-into-debt-conversion-agreements
Orogen Royalties Acquires the Firenze Gold-Silver Project in Nevada
https://ceo.ca/@accesswire/orogen-royalties-acquires-the-firenze-gold-silver-project
Northern Superior Highlights Impressive Results and Near-Term Milestones for the Philibert Project
https://ceo.ca/@newsfile/northern-superior-highlights-impressive-results-and
TDG Gold Corp. Mobilizes to Site for 2023 Exploration Season, Toodoggone District, B.C.
https://ceo.ca/@accesswire/tdg-gold-corp-mobilizes-to-site-for-2023-exploration
First Mining Advances Exploration and Identifies New Targets at the Birch-Uchi Greenstone Belt Project
https://ceo.ca/@newswire/first-mining-advances-exploration-and-identifies-new
Emerita Intersects 13.0 Meters Grading 0.2% Copper; 3.6% Lead; 13.1% Zinc; 1.35 g/t Gold and 120.9 g/t Silver and 22.9 Meters Grading 0.6% Copper; 2.0% Lead; 4.8% Zinc; 0.58 g/t Gold and 79.2 g/t Silver Extending La Romanera Deposit at Depth, Completes Environmental Base Line Studies at IBW
https://ceo.ca/@globenewswire/emerita-intersects-130-meters-grading-02-copper
PROSPECT RIDGE RESOURCES ANNOUNCES RESULTS FROM THE HOLY GRAIL PROPERTY AND PROVIDES CORPORATE UPDATE
https://ceo.ca/@newswire/prospect-ridge-resources-announces-results-from-the
Calibre Reports Positive Higher-Grade Near Surface Drilling at Its Pan Gold Mine, Nevada; Initial Results Include 3.84 g/t Gold over 15.2 metres and 2.08 g/t Gold Over 27.4 Metres
https://ceo.ca/@globenewswire/calibre-reports-positive-higher-grade-near-surface
Canada Silver Cobalt Works Announces Filing of Annual and First Quarter Financial Statements
https://ceo.ca/@thenewswire/canada-silver-cobalt-works-announces-filing-of-annual
IMPACT Silver Provides Update on the Recently Acquired Plomosas High-Grade Zinc Mine
https://ceo.ca/@newsfile/impact-silver-provides-update-on-the-recently-acquired
🔥🔥🔥🔥🔥🔥 https://t.co/dEHMMIq3dF
— Dr David Cartland (@CartlandDavid) June 21, 2023
New Hampshire scenic gold
https://railpictures.net/photo/814543/