Loading ...That’s unusual.
Doesn’t look like anyone’s who’s going long isn’t too eager to sell their gold or silver and the Feds concerns didn’t even help too much with the suggested prospect they’re not going to want to lower rates just yet because they didn’t raise them enough or do enough to hurt businesses but what about the banks.
Buygold
Ps can’t say I didn’t warn you, keep emotion out of it. Just look at it this way and I think you do, they’re predictable. Then Everytime for awhile this time of year there’s either a double top or a multi year double top in which that one ” resistance” was taken out so gold and Bitcoin too although don’t know too much about bitcoins fundamentals so have to listen to Simon are moving forward.
Buygold
PMs they’re trying to hold back a crack in the dam. They can’t hold it back forever. They don’t have enough flex seal.
Heck
They didn’t even need the dollar to give up gains before slapping us down.
Buygold
It’s already known Newsom is been eyeing the WH. I can’t see how he could possibly gain any interest other than trying to bribe people for today because when he gets what he wants they won’t see them anymore. They’ll see crime in the streets, cost of living inflation, dictation, vindictiveness, open borders and a demand everyone gets rid of their fireplaces, gas fireplaces, stoves and heat and gas cars and go buy a EV car then tax and track your milage and who knows what else.
Goldie
It was Jim Rickards. Free video but if you want his fabulous advice you’ll have to pay for it.
As for China, no clue but the scum has their mittens all over the pm market this am despite the dollar giving back all of yesterday’s gains. Rates are inching up a little though, so they have that excuse for their manipulations. Shares not too enthusiastic.
If I had to bet, I’d say that the best we’ll get today is flat.
Dollar is weakening though, more than it went up yesterday. Riddle me this, why isn’t gold up $40 if the dollar is so important? Guaranteed, the minute it moves up an inch they’ll hit the metals.
Newsom
I got word he’s talking to minorities and low income areas to see if there is anything they need. It’s not the big things but little things like the neighborhood pool and things like that. Even to Lyft drivers, probably Uber too. Probably learning as much as he can to be the go to person which is not genuine but a manipulative tactic to use on them so with everything else he’s doing it wouldn’t surprise me at all if they pulled something like that.
Buygold
A friend told me yesterday that Armstrong had something out about how the Demos were gonna rig the election again but had to pay for the article. She’s bought some before but wasn’t sure about that one.
Is it a Armstrong paper?
Newsom would be a cataclysmic disaster. Bidens a slow motion disaster, but not exactly a tyrant or sociopath. Newsom would be a fast motion, pre recorded fast talking scam artist know it all manipulating no integrity lack forethought as know it alls do tyrant.
So this is what happened yesterday, maybe
Someone trying to bring the dollar up? The Fed? Would be interesting to find out whom. Seems bullish for PMs but focusing on charts is safer.
Minutes of the May 1 meeting released Wednesday showed that officials also debated whether their key rate was exerting enough of a drag on the economy to further slow inflation. Many officials noted that they were uncertain how restrictive the Fed’s rate policies are, the minutes said. That suggests that it wasn’t clear to the policymakers whether they were doing enough to restrain price growth.
Not enough pain for the economy to pay for their mistakes. Cry me a river.
Rickards
Says Biden will bow out of the race on June 13th and the Demons will replace him with a shadow candidate that has been pre-chosen. Dems intend to cheat again of course. Biden won’t resign the presidency.
The Demon candidate will be announced at the convention August 19th – Rickards believes it will be Newsome, causing major upheaval, market crash. Violence starts at the convention, then after election. If Newsome wins, massive violence. If Trump wins, more violence from Antifa, worse than the “summer of love. ” Thing about that though is it will happen in the cities like before.
Biden resigns after the election, Kamala Harris takes over and pardons the Biden crime family.
Thinks Demons will cheat, Newsome elected, the complete destruction of the US.
I can post this if anyone is interested, but you have to wade through his braggadocio about all the things he’s done and served in the Gov’t. Did you know he saved Reagan in the Iran hostage affair? LOL 🙂
Socialism Kills … WEF achieving it’s goals
Canadian Food Bank System On The Brink Of Collapse.
Dumbocracy
50% Of DEI Admits At UCLA Medical School Found To Be Incompetent
UCLA medical school hired a new dean of admissions, Jennifer Lucero, In 2020. Since then, the number of students failing their shelf exams—standardized tests taken after each clinical rotation—has exploded, rising as much as tenfold in some subjects.
That wasn’t a coincidence.
https://www.zerohedge.com/news/2024-05-24/50-dei-admits-ucla-medical-school-found-be-incompetent
Maddog
BTW Zim announced it’s going to resume divis. This war kinda ruined it for me but others the price bounced to double off the lows. There gonna have to avoid the hooties or however you spell it.
Buygold
Trying to gauge when China buying stops if they do stop by time. It’s been over for a few hours of after hours.
California
8:33 PM Friday, in China is
5:33 AM Friday, in California
So now we watch. So much easier to do do on the side lines.
BULGOLD Announces Filing of First Quarter Financial Results for Three Months Ended March 31, 2024
https://ceo.ca/@globenewswire/bulgold-announces-filing-of-first-quarter-financial-24498
Trident Royalties PLC Announces Portfolio Update: First Gold Pour at Greenstone
https://ceo.ca/@accesswire/trident-royalties-plc-announces-portfolio-update-first
Majestic Gold Corp. Reports 2024 Q1 Results
https://ceo.ca/@thenewswire/majestic-gold-corp-reports-2024-q1-results
Denarius Metals Files National Instrument 43-101 Technical Report and Preliminary Feasibility Study for the Aguablanca Project in Extremadura, Spain
https://ceo.ca/@newsfile/denarius-metals-files-national-instrument-43-101-technical-bac49
Wheaton Precious Metals Publishes 2023 Sustainability Report
https://ceo.ca/@newswire/wheaton-precious-metals-publishes-2023-sustainability
Chesapeake Gold Announces Agreement to Acquire Intellectual Property Rights
https://ceo.ca/@newsfile/chesapeake-gold-announces-agreement-to-acquire-intellectual
Lundin Mining Links US$2.55 Billion Credit and Loan Facilities to Environmental and Social Performance
https://ceo.ca/@newswire/lundin-mining-links-us255-billion-credit-and-loan-37ab4
Pan American Silver Releases 2023 Sustainability Report
https://ceo.ca/@businesswire/pan-american-silver-releases-2023-sustainability-report
Sailfish Reports Q1 2024 Results
https://ceo.ca/@newsfile/sailfish-reports-q1-2024-results
SILVERCORP REPORTS ADJUSTED NET INCOME OF $39.3 MILLION, $0.22 PER SHARE, AND CASH FLOW FROM OPERATIONS OF $91.6 MILLION FOR FISCAL 2024
https://ceo.ca/@newswire/silvercorp-reports-adjusted-net-income-of-393-million
Pacific Ridge Announces $2.0M Private Placement
https://ceo.ca/@newsfile/pacific-ridge-announces-20m-private-placement
O3 Mining Confirms Auriferous Corridors In The Sediments At The Ludovick Sector, Horizon Project
https://ceo.ca/@newswire/o3-mining-confirms-auriferous-corridors-in-the-sediments
Sego Resources Engages SRK Consulting for 3D Model and Mineral Inventory at the Southern Gold Zone
https://ceo.ca/@newsfile/sego-resources-engages-srk-consulting-for-3d-model
Lumina Gold Advances Cangrejos Project with Feasibility Study Update
https://ceo.ca/@thenewswire/lumina-gold-advances-cangrejos-project-with-feasibility
Colibri Reports Drill Results of 42.7 Metres of 1.0 g/t Gold – Including 3.1 Metres of 10.9 g/t Gold at North Hill Target on the Pilar Gold and Silver Project in Sonora
https://ceo.ca/@newsfile/colibri-reports-drill-results-of-427-metres-of-10
Arizona Gold & Silver Inc. Reports Exceptional Gold Extractions on Leach Tests from the Philadelphia Gold-Silver Project, Arizona
https://ceo.ca/@thenewswire/arizona-gold-silver-inc-reports-exceptional-gold
LAURION Confirms Continuous Sturgeon River Mine Mineralization: Highlights Include 2.23 g/t Au over 8.40 m, including 1.00 m at 15.37 g/t Au at the Ishkoday Project
https://ceo.ca/@thenewswire/laurion-confirms-continuous-sturgeon-river-mine-mineralization
Sokoman Minerals Updates Moosehead Gold Project, Central Newfoundland
https://ceo.ca/@accesswire/sokoman-minerals-updates-moosehead-gold-project-central
Tocvan Drills Another Successful Hole Outside of Main Zone Returns High-Grade 10.9 g/t Gold over 3.1 meters, within 42.7 meters of 1.0 g/t Gold Near Surface
https://ceo.ca/@accesswire/tocvan-drills-another-successful-hole-outside-of-main
Antler Gold Announces Option Agreement for the Erongo Gold Project in Namibia
https://ceo.ca/@newsfile/antler-gold-announces-option-agreement-for-the-erongo
Sitka Gold Drills 154.0 Metres of 1.47 g/t Gold Including 37.0 Metres of 3.07 g/t Gold and 8.0 Metres of 4.61 g/t Gold at its RC Gold Project, Yukon
https://ceo.ca/@accesswire/sitka-gold-drills-1540-metres-of-147-gt-gold-including
Silver X Mining Announces Strategy Update to Mineral Resource for 2024-2025 Following Social Agreement Signing
https://ceo.ca/@accesswire/silver-x-mining-announces-strategy-update-to-mineral
Sandstorm Gold Royalties Provides Asset Updates; Greenstone Pours First Gold
https://ceo.ca/@newswire/sandstorm-gold-royalties-provides-asset-updates-greenstone
IAMGOLD Completes US$300 Million Bought Deal Financing
https://ceo.ca/@newsfile/iamgold-completes-us300-million-bought-deal-financing
Golden Share Options Band-Ore Property to Delta Resources Limited
https://ceo.ca/@newsfile/golden-share-options-band-ore-property-to-delta-resources
Spanish Mountain Gold Partners with ANDRITZ for More Sustainable Mining
https://ceo.ca/@newsfile/spanish-mountain-gold-partners-with-andritz-for-more
Juggernaut Announces Oversubscribed $3,328,598.33 Financing
https://ceo.ca/@thenewswire/juggernaut-announces-oversubscribed-332859833-financing
Going to try to bounce today
at least at the open. The dollar has given up yesterday’s gains at the moment, rates flat. Shares firm.
Noticed oil is back down in the $76 range. Bitcoin $67K
Everything seems quiet, no news, some eco data this am – durable goods expected to be weak.
Hopefully the Chinese are buying this quick dip now. All the overbought conditions were relieved the last couple of days, might be a good place to start a new rally.
Ipso 18:42
Apparently they’re okay with rolling out a digital currency, just not that one.
Buygold
After the charts finally showed the candles for today on commodities and should of looked elsewhere but I’m out right now I take that back on gold having room. No downside room.
Democrats … the party of Central Bank Digital Currencies
JUST IN: 🇺🇸 Bill to ban the Federal Reserve from issuing a CBDC passes the House.
Buygold
I haven’t been paying too much attention to the all around market or I would of shorted the Dow yesterday. Dollar held on like it froze in time. Silver did too. Tomorrow could be tricky. I was thinking the dollar could be a fake but I’m not sure now if it could move a little higher and dow will look like it’s gonna reverse sometime tomorrow then continues down. Gold still above support and has room to recoup. I’d just rather not take the loss with that much room and just wait. Wall Street has the advantage especially with their quid quo politics and market gig and knows things we don’t until they trade first.
Maddog, Goldie
They turned the dollar really fast this am.
The weird thing is that the SM is starting to look ugly, how many times have we seen a bellwether like NVDA come out with spectacular earnings that mark a major top in the markets? I think more than once. Pretty hard to find much of anything that is actually up today other than NVDA.
The unfortunate thing is that pm’s are leading the way down as they always do. So do we have to go thru yet another major downturn before gold starts to run again?
The flipside is I’m still not seeing heavy downside volume in these shares. GLD and SLV have good volume but NEM, GOLD are below average. It’s concerning that the HUI was unable to really break above 280 with any authority, these shares never really got off the ground. I guess I’m wondering who knows what?
Could be a big head fake too. Some of these shares aren’t down much at all, KGC, AGI down less than 1%
It’s a long road back to sanity
Portland DA Mike Schmidt loses election to Nathan Vasquez after his Soros-backed soft-on-crime policies were blamed for ruining city
Maddog 11:18
The dollar hasn’t been able to breach resistance since it headed down. It’s right up against it now and if it heads back down at best might go sideways for awhile. IFs that is.