WARNING
Another insane EU idea: record ALL assets of citizens
WARNING
Another insane EU idea: record ALL assets of citizens
… from Henry today.
henrymakow.com – Exposing Feminism and The New World Order
Very slowly being exterminated.
So, oil and pm’s were weaker today in a “risk on” play because the war has ended in the Middle East. Couldn’t figure out why pm’s were down all day with the dollar and rates down. Oil either, LOL
We probably would have breached $2500 today if not for all the peace. 🙂
Between this news and the news about the Mayor of Dolton, IL., the discussion of Kamala winning the election, and the Olympic ceremonies, I’m pretty sure we are living in an alternate reality or maybe a video simulation of some sort.
Strong element of psychological warfare & seeking leverage with days of threats…
I see that. The only thing I’m saying is the Fed has told the markets they will be cutting in September. They won’t disappoint. But I agree, the real cutting will come when the the markets get roiled.
and…. I have no idea either….
Dollar is starting to tumble a bit now.
Most of the silver shares I track are rolling pretty good. AG, EXK, SSRM. Beaten up stuff. Looking at deer79’s Eloro up 5% but there’s no volume in any of them really. Aladdin games? Or is silver about to bust a nut?
No that’s when rates go down, in response to macro weakness.
And administered rates follow market rates (which of course means we don’t actually need parasitic central banks)
Like I said yesterday, look for a cycle top in September, basically in conjunction with all the BRICs related buying being done for a while ahead of the meetings in Fall. (and if the macro is under pressure)
The inverse head and shoulder’s patterns across the sector say don’t trade such a top, because it likely won’t last long, but what the hell do I know right now.
Breakouts could come first, with back-tests then, but again, what the hell do I know.
Just following the signals.
Cheers
I could see that. A lot of uncertainty out there could hit the SM at any time I suppose. It’s hard to see a big correction going into an easing cycle though, which seems to clearly be coming. OTOH, I guess they could sell the easing news over concern of recession or any other excuse, rigged elections, WWIII.
PM’s correcting with it makes sense too. There’s still no stampede into the sector. No volume in anything, especially share related or GLD, SLV.
The ratios signaling the PM bull is back on are close to breaking out.
That’s why some shares – primarily the larger shares – have been performing well.
If history is a good guide, what will happen over the next several months is stocks will get hit into fall, dragging all commodities including PMs down with them to some extent.
But when we come out on the other side, in November most likely, the monetary metals should lead, breaking key intermarket/sector ratios out in favor of the larger commodity complex.
All PM subgroups should catch a bid (developers, explorers, etc.) at this time because the feds will need to turn the screws in monetary debasement rates profoundly once again.
Silver should really light up under such circumstances.
We are only a few months away from this time now.
Cheers
Shares up, metals down?
Good sign though.
Yeah, they have a pretty good grip on silver. At least the shares are sort of calling their bluff so far. I figure as long as the shares are holding up, the metals will follow.
Who knows? They are working hard on the metals today.
Money Metals Opens Idaho-Based Gold Depository Larger Than Fort Knox  Â
EAGLE, ID / ACCESSWIRE / August 12, 2024
 The Western United States now has its very own Fort Knox, only substantially larger.
After three years of planning and construction, Money Metals has opened its state-of-the-art 37,000-square-foot vaulting and fulfillment facility in Eagle, Idaho.
Nestled into the base of the Boise Foothills, Money Metals’ high-security gold and silver storage compound cost $28 million to construct, has the capacity to hold upwards of $100 billion in gold and silver, and can be further expanded to 60,000 square feet.
Built on a 3.2-acre lot adjacent to city and county police and emergency services, the new depository offers an extremely secure location for individuals, businesses, family offices, governments, and financial institutions across the globe to store high-value precious metals assets.
Embedded into the facility are advanced security measures, around-the-clock monitoring, secure access controls, a security team composed of armed former law enforcement and military personnel, and third-party audits and insurance to ensure the highest standards of integrity and protection.
[cont.]….
View the original press release on accesswire.comFrom <https://ceo.ca/@accesswire/money-metals-opens-idaho-based-gold-depository-larger>
I dunno … maybe NGD. I would have said Victoria Gold except for their recent debacle.
I’m mostly in the juniors-explorers. SKE has done well lately. SNWGF and NFGC and DOLLF will likely get taken out sometime.
You see how they use silver to hold gold back?
It’s just a rock … just another shitty rock.
Meanwhile the morons in charge are running around promoting their hare-brained schemes that will necessitate increasing dependence on silver into the distant future – all the while running increasing global production deficits that look set to overcome total production in just a few years.
This insanity is on par with their plan to never pay the debt back by keeping interest rates at zero.
You won’t hear the media asking them how either of those items is actually going.
Chuckle
BREAKING NEWS
REAL ESTATE INSOLVENCIES IN CANADA SET TO SURPASS LEVELS OF GLOBAL FINANCIAL CRISIS
Not many people are talking about this.
Yikes…
…..makes sense to me. Any ones in particular you can think of????
Mark
@Mark_IKN
Six things on Gold Fields & Osisko:
1) High gold prices induce sector consolidation. Period.
2) We have high gold prices. Duh
3) $GFI / $OSK.to shows Tier 1 producers will pay big premium to current mkt caps for Tier 2 producers
4) Therefore
5) BUY TIER 2 PRODUCERS
6) The end
Mostly whacking silver.
I think we have a shot today though. Gold is a stud.
Not exploding like the SM but holding our own. Shares firming up. 9 am dead ahead.
Mako Mining Reports Q2 2024 Financial Results Including EPS of US$0.13 /share and Gold Sales of 12,313 Oz Au at $1,098/oz AISC
https://ceo.ca/@accesswire/mako-mining-reports-q2-2024-financial-results-including
Endurance Provides Reliance Gold Project Update; Five Deep Drill Holes Completed Expanding Extent of Imperial Zone at Depth
https://ceo.ca/@newsfile/endurance-provides-reliance-gold-project-update-five
Kobo Resources Reports Final Gold Assay Results from its Initial Diamond Drill Program Highlighted by 14 m at 2.91 g/t Au and 6 m at 5.47 g/t Au from the Jagger Zone
https://ceo.ca/@businesswire/kobo-resources-reports-final-gold-assay-results-from
Goliath Resources Receives $2,000,000 Order From Strategic Singapore Based Global Commodity Group And The Previously Announced Non-Brokered Private Placement Has Been Increased From $3,000,000 Up To $6,500,000
https://ceo.ca/@globenewswire/goliath-resources-receives-2000000-order-from-strategic
Silver Tiger Intersects 96.3 metres of 100.7 g/t silver Equivalent in the Stockwork Zone Including 1.2 metres of 4,894.1 g/t silver Equivalent within the High-Grade Keel Zone
https://ceo.ca/@accesswire/silver-tiger-intersects-963-metres-of-1007-gt-silver
Tudor Gold Discovers New High-Grade Gold Targets at Treaty Creek, Golden Triangle of British Columbia; Confirms the Potential for Adding High-Grade Gold Ounces by Drilling 13.89 g/t Gold Equivalent (AuEQ) over 6.30 Meters (M), 11.05 G/t AuEQ over 3.0 M and 8.09 G/t AuEQ over 6.15 M Within Supercell-One
https://ceo.ca/@newsfile/tudor-gold-discovers-new-high-grade-gold-targets-at
C3 Metals Wholly Owned Subsidiary, Molino Azul S.A.C., Executes Agreement with Cancahuani Community to Provide Surface Access Rights at Khaleesi Copper-Gold Porphyry-Skarn Project in Peru
https://ceo.ca/@newsfile/c3-metals-wholly-owned-subsidiary-molino-azul-sac
Troilus Commences Dewatering Of The J4 Pit
https://ceo.ca/@globenewswire/troilus-commences-dewatering-of-the-j4-pit
Relevant Gold Samples 46.8 g/t Au and 2.44% Cu at Bradley Peak
https://ceo.ca/@accesswire/relevant-gold-samples-468-gt-au-and-244-cu-at-bradley
Bravo’s Trenching Extends Central Sector Oxide Mineralization
https://ceo.ca/@newswire/bravos-trenching-extends-central-sector-oxide-mineralization
Exploits’ New High-Grade Drill Results Confirm Down-Dip Continuity of Saddle Zone
https://ceo.ca/@newsfile/exploits-new-high-grade-drill-results-confirm-down-dip
Silver Crown Exercises Option to Upsize Pilar Royalty to 90% of Silver Produced at PGDM Complex
https://ceo.ca/@thenewswire/silver-crown-exercises-option-to-upsize-pilar-royalty
Prime Mining Q2 2024 Financial and Operating Results
https://ceo.ca/@globenewswire/prime-mining-q2-2024-financial-and-operating-results
Nevada Sunrise Completes Sale of Joint Venture Interest in the Kinsley Mountain Gold Project, Nevada
https://ceo.ca/@newswire/nevada-sunrise-completes-sale-of-joint-venture-interest
Orla Mining Reports Second Quarter 2024 Financial Results and Improves Annual Production and Cost Guidance
https://ceo.ca/@newswire/orla-mining-reports-second-quarter-2024-financial-results
ORVANA REPORTS CONSOLIDATED FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL 2024
https://ceo.ca/@newswire/orvana-reports-consolidated-financial-results-for-the-7649a
Liberty Gold Reports Q2 2024 Financial and Operating Results
https://ceo.ca/@globenewswire/liberty-gold-reports-q2-2024-financial-and-operating
Calibre Reports Q2, 2024 and Year-To-Date Financial Results and Remains on Track to Deliver into Full Year Production Guidance While the Multi-Million Ounce Valentine Gold Mine Progresses to Construction Completion in Canada
https://ceo.ca/@globenewswire/calibre-reports-q2-2024-and-year-to-date-financial
i-80 Gold Establishes At-the-Market Equity Program
https://ceo.ca/@newswire/i-80-gold-establishes-at-the-market-equity-program
CopAur Minerals Consolidates 100% Interest in Kinsley Mountain Gold Project
https://ceo.ca/@newsfile/copaur-minerals-consolidates-100-interest-in-kinsley
Osisko Development Reports Second Quarter 2024 Results
https://ceo.ca/@globenewswire/osisko-development-reports-second-quarter-2024-results
i-80 Gold Reports Q2 2024 Operating Results
https://ceo.ca/@newswire/i-80-gold-reports-q2-2024-operating-results
EMX Royalty Announces Q2 2024 Results; Adjusted Royalty Revenue up 49% YoY
https://ceo.ca/@newsfile/emx-royalty-announces-q2-2024-results-adjusted-royalty
Lundin Mining Provides Update on Labour Negotiations at its Caserones Mine
https://ceo.ca/@newswire/lundin-mining-provides-update-on-labour-negotiations-1f87f
ARIS MINING ANNOUNCES HIGH GRADE DRILL RESULTS FROM ONGOING SEGOVIA OPERATIONS EXPLORATION PROGRAM
https://ceo.ca/@newswire/aris-mining-announces-high-grade-drill-results-from-4538b
Barrick Delineates Drill Targets at New IP Chargeability Anomalies in the Sur Zone at Precipitate’s Pueblo Grande Project, Dominican Republic
https://ceo.ca/@thenewswire/barrick-delineates-drill-targets-at-new-ip-chargeability
Money Metals Opens Idaho-Based Gold Depository Larger Than Fort Knox
https://ceo.ca/@accesswire/money-metals-opens-idaho-based-gold-depository-larger
Ramp Metals Announces Closing of Oversubscribed $4.9M Non-Brokered Private Placement Led by Strategic Investors Eric Sprott and EarthLabs
https://ceo.ca/@newsfile/ramp-metals-announces-closing-of-oversubscribed-49m
Dolly Varden Silver’s Step-Out Intersects 1,091 g/t Silver over 9.38 Meters at Wolf Vein
https://ceo.ca/@newsfile/dolly-varden-silvers-step-out-intersects-1091-gt
Copper Standard Confirms Presence of Porphyry Copper-Gold System and Drills 118 m @ 0.68 g/t Au from Surface at Its Colpayoc Property
https://ceo.ca/@newsfile/copper-standard-confirms-presence-of-porphyry-copper-gold
Centurion Acquires Interest in the Nicaraguan San Cristobal Gold Project
https://ceo.ca/@newsfile/centurion-acquires-interest-in-the-nicaraguan-san-cristobal
Northern Shield Finds More Visible Gold in Outcrop at Root & Cellar Gold-Silver-Tellurium Project, Newfoundland
https://ceo.ca/@newswire/northern-shield-finds-more-visible-gold-in-outcrop
Maybe we can bounce off a soft number. Everyone wants a soft number. We’ve seen a lot of reports when we’re up going into them only to get smacked back down.
SM futures up, rates up. Dollar up.
We’ll see what happens.
Rocky Luxury
https://railpictures.net/photo/846506/