Loading ...PS We could have a bounce in the phyzz for few weeks going into the end of the month is all I’m watching , now silver as these manipulators can make temporary changes but old habits die hard and now we’re dealing with computer trading. What kind of bounce I don’t know. I’ll have to see if any correlation with the Fed. I don’t know when they come out this month. I’m more distracted with the elections. Biden’s busy doing such a good job they say but at what they don’t. No substance in anything. Then they bring on good news, oh that was for Ukraine and more rockets we paid for not food prices going down. Yeah the people are gonna be so happy about that. I bet they’re not even going to hear about how Zelenski is selling off land now.
Maddog
Prince was an old SEAL Team guy, probably 15 years after me. He’s real sister worked for Trump. I gotta watch it. Thank you.
Ipso 12:45
I guess I didn’t say Gold or PMs but not as bottoms in. That’s a interesting stock if in a bull market. It did have short term up in July time frame before heading back down. Some people rely on what it’s doing in months or cycles but it’s a guessing game if they jump in before any signs of confirmation in which then it might help.
The problem with the Feds cutting interest rates it’s only going to drive housing costs and inflation back up and beside the illegal migrants inflation is one of the top concerns on the polls. I don’t think their worried about bailing out bank loans that caused it or all the money grabbers they’re giving away our money to so they can empower more lunatics. Did you hear the one by Rand Paul who said they gave a million or ” science” to see if giving birds cocaine if they become sexually active.
Now all of a sudden with elections in a few months there doing a half ass job at trying to stop illegals and doing it away from the border shows they don’t want to stop it at the border it’s for show so they can say see it’s slowing down at the border while they still let them in. They’ll just start to get around it. All they have to say is they’re not going to America they’re going somewhere else or worse could happen with the cartel they enriched and expanded in numbers now putting up cells all over the US.
Maddog
That’s certainly a factor. I imagine it was purchased at minuscule prices … but even so …
Maybe the purchasers had inside info?
ipso facto
Re Zelensky Land
Not sure I would be handing over any real money, for that …as Vlad may well have a large say as to who ‘owns’ any land, ….by putting a few hundred tanks on it.
Zelensky can explain all this to beelzebub when they meet up
While the genocide of Ukrainians is going on at the front and rear, Zelensky and his gang have legalized the purchase of agricultural land in Ukraine by foreigners
At the moment only 3 companies have already bought up 17 million hectares of agricultural land. This is slightly less than half of all agricultural land – 42.7 million hectares.
Just watched fascinating interview with Eric Prince and Tucker…among many fascinating subjects they talk Gold
but that is only a very small part ….and boy has Prince seen the Deep State at work…..no way can he be called a conspiracy nut etc.
Alex Valdor
Many of the juniors have been knocked down so far it’s a bad joke. No interest at all.
Captain
yes, the commies are in some trouble and probably could use a meaningless rate cut as a gesture to the plebes that they are trying to make things better. They feel our pain…
Rate cut should help us though. The 10 yr. is in rally mode, down 8 ticks, so that helps.
Shares look good, although volume is not all that impressive. I noticed the uber large miners RIO and BHP are rallying as well. That gives me hope that maybe the miners in general are getting some attention, hopefully from institutional investors. At the end of the day, big money has to come in or we got nuttin’
What’s interesting is that inside the details of those ADP numbers, mining companies lost 8K jobs. Go figure.
I agree with you about a weak jobs report unless they decide to fiddle f*ck around with the numbers.
This needs to last for more than a day though and gold needs to step up its game.
edit: Just noticed ISM services laid a huge egg. We are a service economy, that’s not good.
Forgot this was an early holiday close. That might explain the volume.
Captain Hook
Winner winner chicken dinner sometime maybe
They’ve turned down again … tempted to average down but that’s not generally a smart move.
“ABC” Hope you’re right Captain.
Cheers
Hurricanes already coming in and the loonies are selling our oil reserves again to keep oil prices down for the holidays for the serfs. Isn’t that nice of them. What do we need those reserves for anyways. It’s supposed to be a real bad year with lots of hurricanes already starting.I hope the ocean rigs hold up. They won’t get much help with the loonie left in office. The city of Palestine in the US still can’t drink the water since that train wreck. Here in the West we risk fires. It’s gonna be 110 today and about the same 3 digits for the next 10 days.
Buygold @ 10:53
It should hold.
Japan just fired their last central bank head and installed an experienced money printer that should see to the continued destruction of the yen, which will help the decision-making process of the other western central bankers to do the same once the data allows for it.
Would not be surprised to see weak jobs numbers this Friday given the commies are in a great deal of trouble right here – right now.
Gotta buy those votes.
Chuckle
Captain Hook
Winner – winner – chicken dinner.
Captain Hook
Lol
Ipso
It likes to move up in July but I don’t know if it will hold. Deciding maybe go long then short or just short now but too risky especially with global events the manipulators may not be able to control.it has a beautiful short term bullish pattern but can’t hold above resistance at about 30.50 yet.
Turtle post, they still don’t get it. They think they can just get a new one but isn’t gonna change the outcome of their incompetence. They’re not going to close the borders and deport, they’ll make economic problems worse, and global problems worse. They don’t even seem to care what happens, they just want to stay in power anyway. Lunatics
ipso facto @ 11:20
Looks like a deep ABC correction done like dinner to me.
What the correction did to you is what it was supposed to do – call into question the bullish thesis and cause angst amongst shareholders – now it should climb the wall of worry – along with the rest of the sector.
Done – done – done.
Done like dinner.
Winner – winner – chicken dinner.
That’s you for holding.
Well done
Ascot went from being down double digits to a gain now.
Maybe that was the bottom. Sure hope so!
Alex Valdor @ 10:48
Why not say the name? 
We managed to survive
The eco data and first hour. Hopefully strength is building.
Captain – ditto Maddog’s sentiments. Would be great if we could put a few days and weeks together.
Share’s strong so far
A certain penny stock PM miner in USA is looking good today
There are 11.1 Bids for each ask .
The ask is 25% above bid .
At least that is what my major broker indicates…
I think there is light ahead , at the end of the tunnel .
Captain Hook
Good call re Silver etc
So Ascot came out with a report on their mine commissioning progress today
They’ve run into some problems with this or that process and they’re working to resolve them. I think all mine start ups have at least some problems which need fixing.
They may go into the market for some more funding.
Sure wish I knew how serious things were. I guess the market will give it’s opinion today. At least management has finally spoken.