Im following the Captain to the jab line.
Oh wait, where’s he going?
It ain’t the jab line!
Da moon? It may not be that far away
silverngold
Mr.Copper@14:05..IMO PAPER Silver and Gold will be valued at whatever BlackRock’s Aladdin Super Computer wants it to be.
…Along with all the ETF’s and other worthless Derivatives that are now controlled by that same source, BlackRock, who it has been said owns more than 50% of all ETF’s in existence….!
The only winning hand IMO is your own, and then only if you have physical silver and gold to put in it…FWIW!
Re Gold, The Rates are Higher, and the US Dollar Is High, and Gold Has Been Holding the $2,350 Area
Think about how much higher Gold would have been today if the rates and USD were lower.
IPSO Re Lab meat
That is why the NDAA had to include forced conscription of males between 18 and 26 y.o.
But ask a Dem to define ‘male’ , LOL
@Buygold re your “Look at king dollar fly.”
I think the US Dollar is in the graveyard in the sky above the 80 area where it historically belongs. Somehow, someway, the foreign countries keep it up there to make their exports mathematically cheaper so us idiot Americans keep on unwittingly keep buying their crap and keep them working. The USD is a traitor dollar. Not net good for the US public.
Each and every country would be better off if each one produced its own needs. And only import what they can’t possibly produce themselves. Think about how well off the USA people would be if we just produced our own consumer electronics? Screw the big corporations getting a piece of all the countries pies.
To me, in the USA, Imports are like slow motion Rat Poison. The cheap imports taste good at first, but later on we have cost of living problems and falling tax receipts causing $34 trillion national debt.
Trump Thinking To Stop The Income Tax, and Replace It Was Tariffs On Imports
I would LOVE that. Let all the bonehead US corporations that have things made overseas cheaply, import cheap things back into the USA for huge profits? Let them and the retail buyers PAY all the income taxes.
After a while they will rotate production BACK into USA to avoid the tariffs. And get domestic profits from domestic production, and us back to making everything here, like when our living standards only required ONE worker to support a family. And eliminate child care costs. That are getting very expensive.
Buygold @ 10:06
Someday you might be wrong …
Buygold @ 10:06
The bureaucracy’s price managers can’t keep gold down, but they sure as hell are not going to buy anything else in the sector. They are trying to give a signal with NVDA being up today, with the “French problem”.
The idea is this will blow over by the weekend and the status quo will return on Monday.
If that does not happen, and gold is up big time Monday, then capital should flow into the sector whether NVDA is up or not – but it will help to have tech start to play second fiddle at some point. As can be seen above, NVDA could top out at any time now – it’s traced out 5 of 5 of 5 in spades. A big fall is coming soon.
Could that affect overall liquidity in the sector? (and to goldilocks’ concern)
Of course, but if gold and silver take out their recent highs, I can’t see the shares remaining in the doldrums forever.
However, I can understand your frustration.
Personally, based on the way most shares have been trading to this point in the larger advance set in motion last year, the combined market cap of the larger PM sector still in the tank on most comparative metrics, which is in contrast to other such bubble occurrences seen so far this century (i.e. at the same point in these previous occurrences.)
And while the juniors could continue to lag (because of credit / liquidity concerns), again, this condition will not last forever, with capital literally being forced into the sector (think managed money competition), away from the hare-brained strategies currently fashionable in our thoroughly debased society(s).
Hang in there.
It’s coming.
Ipso- not to worry
They metals will give up the gains so the action in the shares will make complete sense.
Always the same.
Look at king dollar fly.
An illustration of why communism-socialism doesn’t work
Just look at the average homeowners yard side by side with a house renters yard …
Yeah that’ll make even more people want to join the military … NOT
Pentagon Wants to Feed Troops ‘Experimental’ Lab-Grown Meat to ‘Reduce CO2 Footprint’
Pentagon Wants to Feed Troops ‘Experimental’ Lab-Grown Meat to ‘Reduce CO2 Footprint’
Irving Resources Reports Non-Brokered Private Placement
https://ceo.ca/@accesswire/irving-resources-reports-non-brokered-private-placement
Ophir Gold Corp. Name Change to Ophir Metals Corp.
https://ceo.ca/@newsfile/ophir-gold-corp-name-change-to-ophir-metals-corp
Exploits Announces Drilling, Till Sampling and Prospecting Programs
https://ceo.ca/@newsfile/exploits-announces-drilling-till-sampling-and-prospecting
Thesis Gold Filing of New Technical Report
https://ceo.ca/@newsfile/thesis-gold-filing-of-new-technical-report
ATEX Announces Closing of Private Placement with New Director
https://ceo.ca/@newsfile/atex-announces-closing-of-private-placement-with-new
Silver One Resources Announces Private Placement Financing
https://ceo.ca/@newsfile/silver-one-resources-announces-private-placement-financing
K92 Mining Releases 2023 Sustainability Report: Delivering Sustainable Value
https://ceo.ca/@globenewswire/k92-mining-releases-2023-sustainability-report-delivering
Canadian Gold Corp. Announces Non-Brokered Financing
https://ceo.ca/@newsfile/canadian-gold-corp-announces-non-brokered-financing
PPX Obtains Water Availability Accreditation for Beneficiation Plant
https://ceo.ca/@accesswire/ppx-obtains-water-availability-accreditation-for-beneficiation
Silver Range Resources Announces Encouraging Results from Cambridge and Sniper Properties in Nevada
https://ceo.ca/@thenewswire/silver-range-resources-announces-encouraging-results
Globex Receives Another $3,000,000
https://ceo.ca/@globenewswire/globex-receives-another-3000000
Silver Bullet Mines Provides Update on Third Party Material and on the Buckeye Silver Mine
https://ceo.ca/@newsfile/silver-bullet-mines-provides-update-on-third-party
Sylla Gold Amends Share Purchase Agreement to Acquire District Scale Land Package in Namibian Gold Belt
https://ceo.ca/@newsfile/sylla-gold-amends-share-purchase-agreement-to-acquire
Fury Announces Closing of C$5 Million Financing
https://ceo.ca/@accesswire/fury-announces-closing-of-c5-million-financing
Metals Creeks Hits Visible Gold in Deepest Hole Drilled and Returns 0.45 g/t Gold over 21m at the Shabaqua Corners Gold Project
https://ceo.ca/@newsfile/metals-creeks-hits-visible-gold-in-deepest-hole-drilled
Riddle me this
Why are bonds, the dollar, oil and pm’s rallying together? SM down a little.
Can’t actually bank on pm’s holding up, but why the others?
Generally one might think that’s a sign that something isn’t quite right in LaLa land. The 10 year has moved up pretty quickly over the last two weeks or so. Yields going from 4.7 down to 4.2%. Who’s buying bonds and accumulating dollars. More importantly maybe is why?
The party always ends eventually, in musical chairs, the music stops suddenly.
Bonds and the dollar are huge markets and not so easy to move. Leaves me scratching my head a little.
Captain Hook 9:41 June 12
Scanning both gold and utility stocks I remembered yours and checked it better.
Yes has head and shoulders reverse but could take another path first. I can’t bring it forward but see that Gap it made awhile back that didn’t fill. Looks like it tried to fill with some fat fingers down but maybe a fake out. So two choices depending on economy, it could ignore it OR keep moving sideways and move down and try to fill it at some point and then move back up and over the shoulder. So if it does still respecting stops along the way and does try to fill that gap it could be a last call good buying op before a next significant move up.
gap 0.0410
Mr Copper
If we get hurricane’s like they said this year could happen it just might. I forget which gas stock it was now but think it was on AMEX I bought for 80 cents share I remember back before Katrina formed when oil and gas stocks were a lot less expensive then and had a 3 dollar target I thought would take forever and sold it
Then Katrina came in and it went past 80 cents to 5 a share in a hot minute after I sold it. May have been a company away from the Gulf. Some talking head said they expect gas to go up this summer because it’s also expected to be a hot summer. I don’t know the correlation to that other than gas at the tank. A friend in Texas said there’s two formations out there already and only June. One heading one way one heading towards them. Sounds like she’s gonna have a long wet summer in that heat. Meanwhile California will bake and hope no fires.
FYI Gold is About 5% of its May 20 High, My account Balance is 10% off the May 20 high.
So far so good, I suspect Gold will bounce off the $2300 area.
https://finviz.com/futures_charts.ashx?t=GC&p=h
Btw I sold the Nat Gas long BOIL yesterday, not knowing if what it would do today. It went lower so I’m happy. I sold as it started sliding. As my profit was cut in half. I think Nat Gas is too cheap and will go up over time. I’ll buy it back if it starts going higher.
May we live in interesting times
Ole Biden is about to meet with Zelenski while Russia has subs over in Cuba. I was a kid then but reminds me of a time they did that before but we had Kennedy in office then who sent them back home not these fools we have now.
Buygold
You don’t have to respond. We both have enough on our plate. Let me clarify you did good in your life without them as far as I know and a good father. It’s them that are not good. It’s like a game with them. Plus the governments likes to see PMs down because it gives the illusion the economy is doing good and we know that’s BS and so does the economy.
“Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they have done or ever will do good.” ~ John Adams, 2nd U.S. President
Cracks me up!
Biden wandering off as if lost from the group.
Other leaders trying to cover for his dementia.
Goldie
Allow me to respond to all that later. I am well acquainted with the word.
Thank you but I’m not doing pretty good or OK. I’m in a state of perpetual anger and I’ve got to deal with it.