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Alone in the wild
https://railpictures.net/photo/837982/
Rick’s Rule
On stocks and their Companies. Gold, Silver, Uranium, and Copper.
Maddog @ 12:59…Re how much silver or gold these ETF’s have???
I’d say it depends whether they are wearing their silver or gold necklace. Their charters state all they do is track their value and report it, and no audits are allowed!
Oil moving up
Just noticed WTI up another 2% to $83. Gas here is up $.50 in the last month.
I suspect some very rough times are just ahead. Sadly.
Shares have holding firm all day
Even as they play back and forth with the metals. Hopefully that’s indicative of much higher metal prices on the way.
They’re fighting $25 silver and using it to weaken gold, but the shares seem to be telling a different story. Volume in GLD and SLV is a little better but nothing close to a blow off top, just gathering momentum now. Same with the shares, decent volume in some, but not across the board.
Doesn’t seem like things have really started just yet. A lot more like the beginning of a move than the end.
Nice way to finish the week if we hold on, even with the dollar positive. Go figure.
Mr Copper
Re Silver
That looks like the scum /someone is putting on a shit or bust trade…….the shorts are far too short to be able to cover and so they just keep selling, in the hope no one takes them on……but the diff is just getting crazy……soon the mkt will smell it and take them on….as quite frankly it is a no brainer with Gold exploding in all currencies.
Maddog
Gonna be a lot of tears and gnashing of teeth when GLD and SLV are uncloaked and like you say own very little real metal! Can’t say people weren’t warned.
ipsofacto
Tks for that China article…..yup the action screams that Far East dealers, are being left well short every night, due to the huge buying and have to use London and NY to cover …..
I note he shows ETF’s have @ 3000 tonnes of AU…my bet is they don’t have 10 % of that……just paper promises for the 2700 tonnes diff.
Scumbag Report
“I’m Sorry” – FTX Founder Sam Bankman-Fried Sentenced To 25 Years In Prison
https://www.zerohedge.com/crypto/ftx-founder-sam-bankman-fried-be-sentenced-fraud-today
MetalsGuy @ 11:53
Silver is sure lagging gold! It looks artificially restrained. Maybe the bullion banks are so short that it would mean ruin for them if it runs up $10 or 20 bucks, so they are trying desperately to hold it down with paper … but I think that game is coming to an end.
@MetalsGuy re Silver The Poor Mans Gold
I suspect the banks and gov’ts can’t buy physical Silver because it’s too cheap and would take up too much space. Plus Silver is easier to hold back plus its an industrial related metal. Silver is also often a byproduct, and is for the smaller investors with $100k or $200k to invest. Silver needs a lot more small investors to pile in like they occasionally do. Lately I think the little guys have been buying real estate.
Gold Up $22.50 At $2,235 Per Ounce.
My account balance was at its lows one month ago. Today in one month, the account is back up to last July. That was a long down trend to be reversed in one month.
It seems to me there are less Gold sellers, because it always goes back up.
Re: ipso facto @ 10:21
It seems that silver is not really to commit until it is sure that gold has a good momentum.
Silver is definitely following gold.
Is the dollar becoming a non-factor?
How awesome would that be?
Silver is the surprise so far for the day.
LOL
JUST IN: 🔥🔥🔥 pic.twitter.com/OpxOOKdXjn
— Wall Street Silver (@WallStreetSilv) March 28, 2024
adogsbody
There are no free lunches in pm’s to be sure. They will fight us for every dollar in gold and dime in silver. I doubt we’ll ever see the 15-1 gold/silver ratio again. If we’re lucky we’ll get to 50-1
Watching the shares this am. They will tell the tale.
Beautiful morning
I watched the blue waters of the French Polynesia this morning , wave fold over with what looked like a 1000 foot drop so close to shore to make a wave that high with outgoing sandwiching anyone in the middle.
It must affected the gold market this morning too when I saw Winedocs chart.
Silver
Being carefully held down. What will it take to get the 90 to 1 ratio reduced?
Dog
Vote in the Poll Vote in the Poll
Vote! Vote!
Maya @ 1:30
LOL I would expect no less!
ORFORD SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT
GOLD ROYALTY REPORTS 2023 FINANCIAL AND OPERATING RESULTS AND FORECASTS APPROXIMATE 100% GROWTH IN REVENUE IN 2024 DRIVEN BY CORNERSTONE ROYALTIES ENTERING PRODUCTION
OceanaGold Files Annual Information Form and Technical Reports for Haile and Macraes
Fury Gold Mines Consolidates Eleonore South: CEO Tim Clark Lays Out His Master Plan
Globex Receives Fayolle Quarterly Royalty Payment
Mayfair Gold Initiates Pre-Feasibility Study for Fenn-Gib Gold Project
Eloro Resources Announces Closing of Previously Announced Non-Brokered Prospectus Exempt Offering Pursuant to the Listed Issuer Exemption
Karora Resources Provides Update on Exclusive Discussions
Amex Expands Gratien Zone with the Best Intersect to Date of 76.69 g/t Au over 3.50 m
Mayfair Gold Commences 2024 Environmental Field Program at Fenn-Gib Gold Project
Troilus Provides Operational Update
Sokoman Minerals Expands 552 Zone at Moosehead Gold Project, Central Newfoundland
Caledonia Mining tackles 2023 challenges with optimism for 2024 as it maintains dividend
https://ceo.ca/@thenewswire/caledonia-mining-tackles-2023-challenges-with-optimism
STLLR Gold’s Tower Gold Project Infill Drilling Continues to Confirm Mineralization at the Jonpol Deposit
https://ceo.ca/@businesswire/stllr-golds-tower-gold-project-infill-drilling-continues
Mako Mining Completes Settlement with GR Silver and Wexford Loan Extension
https://ceo.ca/@accesswire/mako-mining-completes-settlement-with-gr-silver-and
China Gold International Resources Reports 2023 Year-End Results and Provides 2024 Guidance
https://ceo.ca/@thenewswire/china-gold-international-resources-reports-2023-year-end
Aldebaran Expands Known Mineralization at the Altar Copper-Gold Project
https://ceo.ca/@accesswire/aldebaran-expands-known-mineralization-at-the-altar
Austral Gold Files 2023 Annual Report
https://ceo.ca/@newsfile/austral-gold-files-2023-annual-report
Capitan Silver Announces Upsize of Non-Brokered Private Placement to C$2.0 Million
https://ceo.ca/@newsfile/capitan-silver-announces-upsize-of-non-brokered-private
C3 Metals Jamaica Copper-Gold Exploration Update and Discovery Targets
https://ceo.ca/@newsfile/c3-metals-jamaica-copper-gold-exploration-update-and
Ramp Metals Provides Exploration Update and Announces Drilling Campaign
https://ceo.ca/@newsfile/ramp-metals-provides-exploration-update-and-announces
Aya Gold & Silver: Record 2023 Production, Revenue and Operating Cash Flow
https://ceo.ca/@globenewswire/aya-gold-silver-record-2023-production-revenue
Salazar Resources Announces Private Placement of up to $1.5 Million
https://ceo.ca/@newsfile/salazar-resources-announces-private-placement-of-up-22132
Calibre Enters Pre-Commissioning and Commissioning Contract with Reliable Controls Corporation and Executes A Gold Prepayment
https://ceo.ca/@globenewswire/calibre-enters-pre-commissioning-and-commissioning
Caledonia Mining Corporation Plc Results for the Year ended December 31, 2023; Notice of Management Conference Call; Dividend Declaration
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plc-results-for-the-year-eeb7e
Seabridge Gold Files 2023 Annual Information Form, Year End Audited Financial Statements and MD&A
https://ceo.ca/@newsfile/seabridge-gold-files-2023-annual-information-form
Aurania Reports on Renewal of Mineral Properties in Ecuador
https://ceo.ca/@newsfile/aurania-reports-on-renewal-of-mineral-properties-in
Dundee Corporation Holds the Line on Cost Reduction, Announces Fourth Quarter and Year-End Results
https://ceo.ca/@globenewswire/dundee-corporation-holds-the-line-on-cost-reduction
Austral Gold Secures New US$2.2M Related Party Loan Facility
https://ceo.ca/@newsfile/austral-gold-secures-new-us22m-related-party-loan
Advanced Gold Exploration Announces Proposed Debt Settlement
https://ceo.ca/@newsfile/advanced-gold-exploration-announces-proposed-debt-settlement
Contact Gold Announces Filing of its Management Information Circular in Connection with its Special Meeting to Approve Acquisition by Orla
https://ceo.ca/@thenewswire/contact-gold-announces-filing-of-its-management-information
Renegade Gold Arranges $3,400,000 Private Placement
https://ceo.ca/@newsfile/renegade-gold-arranges-3400000-private-placement
Americas Gold and Silver Corporation Announces Closing of Financings
https://ceo.ca/@businesswire/americas-gold-and-silver-corporation-announces-closing
LUNDIN GOLD ANNOUNCES INCREASE IN MINERAL RESERVES TO 5.50 MILLION OUNCES
https://ceo.ca/@newswire/lundin-gold-announces-increase-in-mineral-reserves
Morning Winedoc
Wow, that chart is inverse of what we have seen for the past 13 years. Nice to see that reversed in the right direction. In London of all places? I woke up a couple of hours ago and they had silver on the ropes, down 1%
We have a lot of eco data coming into the markets this am. Hopefully we can get through that without any real damage.
Coffee Time ATHs in CDN Currently $3007 Ya Baby …
Onward Pilgrims
Winedoc