From one day ago. Will we hold up for another year for 24-25
Pento
Nice to see us not getting the usual treatment after a big day
Good to see the sector hold up pretty well. Usually we receive a serious beating after a day like Friday.
So, the hedge funds went tits short why? They thought rates were going much higher and drag the dollar along?
Interesting that the dollar is down with rates up, wondering if the Fed may have to come in and support the bond market.
Ouch … couldn’t happen to a nicer bunch
As of Tuesday October 10th, hedge funds and CTAs moved to ~$5.2 billion net notional short position in #gold futures.
š§This short position has cost hedge funds nearly $200,000,000 in mark-to-market losses in just the last 3 trading sessions.
A break-out šabove $1969ā¦ pic.twitter.com/VmGwAJdF36
— CEO Technician (@CEOTechnician) October 16, 2023
For that Texas Tea doncha know
U.S. to ease sanctions on Venezuelan oil for freer presidential election
SM acting like peace broke out
Somethings never cease to amaze
Poll Results
I support
Neither one (32%, 11 Votes)
The Israelis (26%, 9 Votes)
No comment (18%, 6 Votes)
The Palestinians (12%, 4 Votes)
I dunno (12%, 4 Votes)
Total Voters: 34
Eldorado Gold Provides Update on Tax Impacts in Turkiye Related to the Weakening Lira
https://finance.yahoo.com/news/eldorado-gold-provides-tax-impacts-210000758.html
Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine
https://finance.yahoo.com/news/gold-billionaire-sawiris-eyes-stake-041314342.html
Newmont Announces End of Strike at PeƱasquito Mine in Mexico
https://finance.yahoo.com/news/newmont-announces-end-strike-pe-103000701.html
Wesdome Announces Third Quarter Production Results; Provides Conference Call Details
https://finance.yahoo.com/news/wesdome-announces-third-quarter-production-110000687.html
Galantas Gold Drills 34.25 Metres at 1.87 Grams/Tonne Gold, 1.17% Copper, 1.20% Zinc and 131 Grams/Tonne Cobalt at Gairloch Project in Scotland
https://finance.yahoo.com/news/galantas-gold-drills-34-25-060000409.html
Goliath Completes Over 34,000 Meters of Drilling in 2023 for a Cumulative Total of Over 65,000 Meters and Successfully Expands the Mineralized Footprint of Surebet Discovery to 1.8 kmĀ²
https://finance.yahoo.com/news/goliath-completes-over-34-000-100800341.html
Aztec Selects Drill Contractor and Mobilizes Exploration Crews for RC Drill Program at Cervantes Gold-Copper Project, Sonora, Mexico
https://finance.yahoo.com/news/aztec-selects-drill-contractor-mobilizes-110000842.html
Troilus Reports Updated Mineral Resource Estimate of 11.21Moz AuEq Indicated; 126% Increase From 2020 Estimate, With an Additional 1.80Moz Inferred
https://finance.yahoo.com/news/troilus-reports-updated-mineral-estimate-110000964.html
Mako Announces Results of Annual General Meeting and Provides Corporate Update
https://finance.yahoo.com/news/mako-announces-results-annual-general-110000871.html
Solitario Completes US$4.75 Million Private Placement
https://ceo.ca/@accesswire/solitario-completes-us475-million-private-placement
Gold Terra Intersects High-Grade Gold Bearing Campbell Shear Target at Downhole Depth of 2,080 Metres on Con Mine Option Property, NWT
https://ceo.ca/@accesswire/gold-terra-intersects-high-grade-gold-bearing-campbell
TNR Gold NSR Royalty Update – Los Azules Copper, Gold and Silver Project – McEwen Copper Closes ARS $42 Billion Investment by Stellantis
https://ceo.ca/@newsfile/tnr-gold-nsr-royalty-update-los-azules-copper-gold-274fd
Ivanhoe Mines and Ivanhoe Electric Congratulate Robert Friedland for Receiving Mongoliaās Order of the Polar Star, the Highest State Honor for a Foreign Citizen
https://ceo.ca/@accesswire/ivanhoe-mines-and-ivanhoe-electric-congratulate-robert
Silvercorp Reports Operational Results and Financial Results Release Date for Second Quarter, Fiscal 2024
https://ceo.ca/@newswire/silvercorp-reports-operational-results-and-financial
Brixton Metals Drills 6.00m of 5.07 g/t Gold within 66.00m of 0.80 g/t Gold at its Trapper Target on the Thorn Project
https://ceo.ca/@globenewswire/brixton-metals-drills-600m-of-507-gt-gold-within
Almaden Reports on Legal Developments in Mexico Regarding Ministry of Economy Efforts to Deny Twenty Year-Old Ixtaca Mineral Title Applications
https://ceo.ca/@globenewswire/almaden-reports-on-legal-developments-in-mexico-regarding
Steppe Gold Starts Drawdowns – US$9.6M from US$150M Phase 2 Project Financing Package
https://ceo.ca/@newsfile/steppe-gold-starts-drawdowns-us96m-from-us150m
Northern Superior Makes New Discovery with 10.94 g/t Gold Over 7.0 Metres and 1.66 g/t Gold Over 21.55 Metres at Croteau Property
https://ceo.ca/@accesswire/northern-superior-makes-new-discovery-with-1094-gt
ORVANA ACHIEVES FY2023 GUIDANCE WITH 57,250 GOLD EQUIVALENT OUNCES PRODUCED
https://ceo.ca/@newswire/orvana-achieves-fy2023-guidance-with-57250-gold-equivalent-51081
Trying to put a pretty face on the SM
They’ve got the DOW futures up a hundred points or so, but I’m seeing cracks in the effort as some of the mega cap names are down premarket, not a lot but NVDA, TSLA, AAPL to name a few.
They’re taking pm’s down just under 1% at this point, we’ll see how that goes throughout the day, but not unexpected.
The dollar is down a little but the 10 yr. is up 6 bips. Oil is flat, but lo and behold Bitcoin is up 2.25% because Ferarri is now taking it for cars. Good luck to them.
No nukes over the weekend and Israel hasn’t gone into level Gaza just yet. So everything must be OK š
ZH reporting that Egypt may allow Palestinians to enter
I suppose they can put them in tent cities in the desert somewhere.
Unfortunately, this is a disaster for everyone involved.
I will say this, I don’t have much redeeming value either…
Gold Train
Now if you are going to ‘hop a train’ in Canada, this is the one to choose!
The long transcon āCanadianā
https://railpictures.net/photo/823694/
Bob @ 19:15 – What a story!
Good Grief!Ā You are lucky to be alive.Ā Carbon Monoxide poisoning is the usual cause.Ā Also the cause of the long headache.Ā It takes a long time to clear out of the body.Ā Brain Damage?Ā Maybe, but you are still with us.
Tunnel air also affects the performance of the diesel engines when they cannot get enough oxygen.Ā The Rio Grande, because they had so many tunnels thru the mountains in their system, ordered special locomotives.Ā They were called ‘tunnel motors’.Ā The air intakes on the body were at low level by the frame instead of on top, where they could suck exhaust.Ā The ‘tunnel motor’ design sucked intake air from a lower mid-level.Ā Many are still around today.Ā The design is the SD40-2T.