Loading ...$31 busted with authority. Silver shares ripping. Gold breaking out.
If we can avoid a big contract dump for the rest of the day we’re looking great! 😳
The Fed Will Be Cutting Rates This Year? Hardy Har Har as Ralph Kamden Would say
The Dow is booming, the Russell 2000 is also booming, Gold is booming, real estate is still doing good, rents are high too. Why would they cut rates? They should be raising rates. And my account balance is back above the May 20 high, that bottomed on July 1st. Total recovery in two weeks.
Buygold @ 10:08
They are protecting the $32 top in silver because if gets above this key resistance (the most recent high) on a weekly closing basis a commercial squeeze could send prices flying.
One would need to see a weekly close above $35 to consider such a possibility – in the cards.
Everything is crossed – as usual.
First hit
but shares are weathering it well.
The uber miners RIO and BHP are getting smacked around today.
Need to break $31 and not look back. for whatever reason that seems to be a big obstacle.
edit: I might be speaking too soon….
Vance on Ukraine
Vance has sent some mixed signals on Ukraine, but here in his own words, is his NYT op-ed explaining why he voted NO on that $95 billion war package.
Just a guess
Will they fight us at $2450?
Hopefully silver busts $31 with some authority.
Long day ahead but it’s time for us to break away from the usual all-day drip selling.
Oil down 1.5%
Silver rebounds
Silver shares sort of iffy though.
New highs for gold. Eventually these shares should explode.
Yep
Best comment I’ve seen is, “So… who put the ladder there and when?”
Retail Sales better than expected
That was the risk. Naturally the dollar got bid and rates came back up.
Silver is too weak to fight the dollar at the moment so it rolled right away. Stable now and trying to come back.
Gold still up $14.
Screw the dollar. 🙂
A peace agreement closer?
Zelensky Suddenly Reverses, Says Russia Should Attend 2nd Ukraine Summit
With much of the globe’s eyes and international press focused on the US domestic political situation in the wake of the attempted assassination of Donald Trump, Ukraine’s President Volodymyr Zelensky has just made an unprecedented announcement.
He said Monday that a second Ukraine peace summit should include Russian representation. It is a remarkable development that he so much as stated the possibility, even if it doesn’t actually materialize, given he’s long been vehemently against any level of negotiations with Moscow so long as Putin is still in power.
Prospector Begins 2024 Field Program on Flagship ML Project, Yukon
https://ceo.ca/@newsfile/prospector-begins-2024-field-program-on-flagship-ml
Sanu Identifies New High Potential Targets from Ground Geophysics at the Diguifara Project in Guinea, West Africa
https://ceo.ca/@newsfile/sanu-identifies-new-high-potential-targets-from-ground
Aurion Announces Brokered Private Placement for Gross Proceeds of up to CAD$5.0 Million
https://ceo.ca/@newswire/aurion-announces-brokered-private-placement-for-gross
NEVADA KING MAKES AT-SURFACE OXIDE GOLD DISCOVERY AT EAST RIDGE ZONE, SHOWS POTENTIAL FOR LARGER MINERALIZED TARGETS IN NEW GEOLOGICAL SETTING AT ATLANTA
https://ceo.ca/@newswire/nevada-king-makes-at-surface-oxide-gold-discovery-at
SCOTTIE RESOURCES ANNOUNCES COMMENCEMENT OF 2024 DRILL CAMPAIGN
https://ceo.ca/@newswire/scottie-resources-announces-commencement-of-2024-drill
Granada Gold Mines Outlines Process for Converting Recovered Gold into a Market Gold Bar
https://ceo.ca/@thenewswire/granada-gold-mines-outlines-process-for-converting
Eco Oro Provides Update from ICSID In Dispute with Colombia
https://ceo.ca/@globenewswire/eco-oro-provides-update-from-icsid-in-dispute-with
Brixton Metals Options its Atlin Goldfields Project to Eldorado Gold
https://ceo.ca/@globenewswire/brixton-metals-options-its-atlin-goldfields-project
Abcourt Announces a Non-Brokered Private Placement for Up to $4.5 Million
https://ceo.ca/@globenewswire/abcourt-announces-a-non-brokered-private-placement-09bf9
Florida Canyon Gold Provides Update on Sales Processes
https://ceo.ca/@newsfile/florida-canyon-gold-provides-update-on-sales-processes
Lahontan Gold Begins Metallurgical Testing for Santa Fe PEA
https://ceo.ca/@accesswire/lahontan-gold-begins-metallurgical-testing-for-santa
Aztec Reconnaissance Sampling Program Further Expands High-Grade Gold & Silver Mineralization at the Tombstone Project in Arizona
https://ceo.ca/@thenewswire/aztec-reconnaissance-sampling-program-further-expands
SilverCrest Releases 2023 ESG Report
https://ceo.ca/@newswire/silvercrest-releases-2023-esg-report
Higher Q2 Production Puts Barrick On Track to Deliver 2024 Targets
https://ceo.ca/@globenewswire/higher-q2-production-puts-barrick-on-track-to-deliver
Avino Reports Q2 2024 Production; Announces Date of Q2 Earnings Call
https://ceo.ca/@accesswire/avino-reports-q2-2024-production-announces-date-of
SOMA GOLD CORP. INTERSECTS 31.4 g/t Au OVER 3.7m, INCLUDING 189.2 g/t Au OVER 0.6m IN LEVEL 1 EXPLORATION DRILLING AT THE CORDERO MINE, EL BAGRE, ANTIOQUIA, COLOMBIA
https://ceo.ca/@newswire/soma-gold-corp-intersects-314-gt-au-over-37m-including
Golden Cariboo Intersects Additional Mineralization in QGQ24-08 and QGQ24-09
https://ceo.ca/@thenewswire/golden-cariboo-intersects-additional-mineralization
Lode Gold Files NI 43-101 Technical Report on Its Yukon Properties, Tombstone Gold Belt, Key to Executing Its Spinout Plan
https://ceo.ca/@newsfile/lode-gold-files-ni-43-101-technical-report-on-its-yukon
Tunkillia Gold Project – Positive Initial Scoping Study
https://ceo.ca/@accesswire/tunkillia-gold-project-positive-initial-scoping-study
Florida Canyon Gold Inc. to Commence Trading on TSX Venture Exchange
https://ceo.ca/@newswire/florida-canyon-gold-inc-to-commence-trading-on-tsx
Silver Wolf Provides Operational and Corporate Update
https://ceo.ca/@accesswire/silver-wolf-provides-operational-and-corporate-update
Silvercorp Reports Operational Results and Financial Results Release Date for the First Quarter, Fiscal 2025
https://ceo.ca/@newswire/silvercorp-reports-operational-results-and-financial-a7ab6
AGNICO EAGLE ANNOUNCES SUBSCRIPTION FOR COMMON SHARES OF FIRST NORDIC METALS CORP.
https://ceo.ca/@newswire/agnico-eagle-announces-subscription-for-common-shares
RUPERT RESOURCES ANNOUNCES $20 MILLION BOUGHT DEAL EQUITY FINANCING AND CONCURRENT PRIVATE PLACEMENT
https://ceo.ca/@newswire/rupert-resources-announces-20-million-bought-deal
First Nordic to Complete Acquisition of its 100%-Owned Greenstone Belt in Finland and Welcome Agnico Eagle as a Shareholder
https://ceo.ca/@newswire/first-nordic-to-complete-acquisition-of-its-100-owned
PPX Announces Excellent Test Work Results on Hole 7
https://ceo.ca/@accesswire/ppx-announces-excellent-test-work-results-on-hole-7
Alturas Minerals Update on its Resguardo Project and announces Grants Incentive Stock Options
https://ceo.ca/@thenewswire/alturas-minerals-update-on-its-resguardo-project-and
Sitka Intercepts Strong Mineralization Including Visible Gold at Its RC Gold Project, Yukon
MONTAGE GOLD ANNOUNCES STRATEGIC INVESTMENT BY ZIJIN MINING; C$170M EQUITY RAISE LAUNCHED TO ADVANCE THE KONE PROJECT
Triple top?
Looked at the chart of GLD yesterday and actually it looks like this could be a triple top – at least close enough for government work.
If that’s the case, it should not hold and should continue higher. At least that’s what happens in a normal market.
The shares are firm premarket. Never know, there’s always a chance. Silver needs to step it up though.
PM’s up???
In London no less. It’s still very early and there is a retail sales number coming in a couple of hours that could leave a mark, but gold up $20 is not what I expected to be sure. Silver up $.20 – still the weak sister, and $.20 can be erased in a nanosecond. Nevertheless, I’m surprised.
Dollar flat, rates down 4 ticks (might be the reason for pm strength), oil down almost 1%, Bitcoin down at the moment but that’s from $65K overnight – back to $63. The other metals are down. SM flat.
They set the bar low for retail sales, so they’ll probably beat.
Clearly, I have no idea how to predict the future, so we’ll wait and see what they give us.
According to Tulsi
We do not want K Harris taking the throne. She will be manipulated and have something to prove. that there will be war. That military people she knows are terrified of her taking office. She said Killery was a major warmonger. She pointed out that the first thing they do in office is telephone soliciting. Surprisingly to lobbyists and others for money. People can go in with good intentions and get swamped and caught up with that. The difference she noticed in party’s is Republicans will tolerate decent and difference of opinion is 1 st amendment. The Demos are dictatorial and will turn on you and try to cancel you. If I can find the video again I’ll post it. That the Demos are now caught up financially as the party of war.
As far as getting anything passed you need enough people in there who support things like ending conflicts to stop the wars. Not just their party by what they support and what they’re against.