All I can do is echo your concerns. Current migrations/immigrations everywhere are so different from those of the past. It looks bleak to me, and it’s not because I am a pessimist; just a realist who refuses to wear blinders. Maybe the countries being invaded will wake up in time; we can hope. There seem to be at least some signs of that. Not easy to reverse an entrenched population, though. It will take understanding, resolve, and fortitude; is there enough of that to go around?
Maddog, Captain
Maddog – it’s an absolute tragedy what’s happening in the UK, both with the government and society. I don’t have the capacity to understand the kind of mindset (evil) that Starmer embraces. Clearly, the gov’t. is handing over the country to the invaders, but at the same time strengthening gov’t workers by pay increases and a better standard of living than the average Brit to keep them happy enough to enforce the plan. The police are a traitorous disgrace, enabling the destruction of white culture and white peoples. I believe that in addition to throwing you into the slavery of the one world government, there will also be a one world religion that involves Muslims, Catholics (the current pope is a heretic), and Protestants that are accepting of non-biblical culture, i.e. LGBTQ and abortion, which are outside anything remotely Christian. It will be an all-inclusive and accepting religion. Essentially anti-Christ. Without the populace being armed, it will be tough to turn. I suspect what you’re seeing is what we’ll see here if they install Kamala Harris. It still remains to be seen whether a large enough percentage of the US population would give up certain comforts and take up arms. I don’t know.
Captain – no doubt they knew the numbers and were ready, I’d argue that they’ve been ready all week, and if they could have manufactured a waterfall, they would have done so already. They still might if they get a dollar bounce that runs longs out of contracts. I could see that happening when Powell speaks – totally contrary. It does seem clear that they are getting less and less effective, more so with silver than gold. They will have trouble if US investors ever wake up to the gold market. For now, they can just slow the ascent, frustrating to watch when the dollar has been taken to the woodshed. It also appears the Yen carry has resumed its’ unwind, that is a long running program that I’m not sure we know what will happen and who will be hurt by it. Seems that we are just going to grind slowly higher, at least that’s what the shares are saying.
I see Bitcoin is jumping tonight, over $61K up 4% – look over here, this goes up fast! Oil below $72, just bizarro world.
Captain Hook @ 18:17
That foolishness might be blocked yet … otherwise they are torpedoing a significant piece of their economy!
Yes I’m glad I’m not heavily invested there!
Cheers
ipso facto @ 17:01
That’s great news for silver investors as long as you’re not invested in a Mexican miner doing that.
Let’s tighten up that supply even more.
Thank you, commies.
Chuckle
Mexico Moves to Ban Open-Pit Mining and Fracking in Sweeping Environmental Reforms
In a significant move aimed at reshaping Mexico’s environmental and agricultural policies, a key committee in Mexico’s lower house of Congress has approved two constitutional reforms that, if passed, could dramatically alter the landscape of the country’s mining and agricultural sectors. The proposed reforms, which are part of a broader package of constitutional changes, are designed to ban open-pit mining and fracking, as well as impose strict limitations on the use of genetically modified (GM) corn.
The proposals, approved by the committee on Wednesday, will be presented for discussion in the full lower house when lawmakers return from their current recess in September. These changes represent a cornerstone of President Andrés Manuel López Obrador’s (AMLO) agenda to shift Mexico’s policies towards more sustainable practices, particularly in the face of climate change and environmental degradation.
Mexico Moves to Ban Open-Pit Mining and Fracking in Sweeping Environmental Reforms
Buygold @ 10:40
Looks like they were ready for that number … no? The commies get a pass – yet again.
The $ is down too and the Fed minutes were PMs friendly.
Open interest is probably up other 10k today to keep a lid on such a good news day.
Just another tamping down in this rapidly deteriorating experiment. (chuckle – it’s only been 100 plus years)
One day they (we) will wake up and the games will be over.
Can’t wait.
Hope I’m still alive.
Cheers
buygold
You know the dollar has a problem, when it falls against Sterling…the new government is not just dictatorial, they are economically cretinous, they are currently handing out huge pay rises to non productive government workers, Junior Doctors and Train drivers…all of whom are saying tks, we want way more…..Meanwhile they …the government show no inkling as to where any of that money will come from ……
The productive side of the economy, is meanwhile crapping itself waiting for the tax rises……
Seems they have a ‘problem’ with the PM’s particularly Gold, the old tricks are failing
They hammered everything earlier…but the buying just said tks…anymore !!!! and then bid the mkt back up……
Not sure how much longer they can keep a lid on the shares…they are the bargain of the century down here.
Took us all day but
the dollar has finally weighed in on the metals as it plunged petty quickly in about 10 minutes to the lows of the day, now down 1/2%. I think it’s down 2% since Monday.
Seems like a fairly big move for the world’s reserve currency. Not sure if one of the Fed heads came out and said something about a potential 50 basis point cut or if the dollar is finally ready to go into the fiat dustbin of history, but funny that it occurred after the Crimex close. Dollar now down nicely below the 200 dma, seems a bounce can’t be too far off – unless this is something else.
Tech and pm shares seem to like a weaker dollar. HUI up 1% despite GFI being a drag on the index. For some unknown reason it’s down 3% and was down almost 5%. That is a weird stock. It will be up 4% in the morning for no reason.
It can’t be long before the juniors start to get some action can it?
Dollar just buckled
We might have some game. Shares picking up steam.
SM ripping
They love this news that guarantees a cut.
Manipulation at its finest in pm’s.
The number came out
Revised down 818K – what is that 75K a month? One of the largest in history, if not the largest.
I don’t think there’s a single true thing this administration has ever said. Unbelievable.
Should help us but the scum is playing lockdown.
Payroll Revision Just announced
Year to date Revision 818K
Official. Since Fed is Data driven they are being driven by wrong information…..
Dog
Payroll revision
I just heard from one of the CNBC snippets that the revision was 667K from January to March. This is huge if correct.
Dog
Payrolls revision
Apparently we are waiting for a revision to the jobs report for the last year. So far they are having “trouble” getting the numbers out. They were able to get out the revised unemployment rate from the last 6 months and it jumped from 3.7% to 4.3%. Clearly all the numbers we’ve gotten have been bogus.
We’ll see how much they revise down the jobs.
Buygold
Re Powell
U can bet the mkts will do just as he wants/speaks……Greenspan perfected that technique,,,which is why they called him a guru….but it wasn’t because he called the mkts right, but because he shoved the mkts right….
One of these times it may be true
🚨🇮🇷🇮🇱IRAN TO ATTACK ISRAEL WITHIN 24 HOURS?
Iran has announced a NOTAM (Notice to Airmen) for the eastern regions of Tehran in connection with planned rocket launches tomorrow.
American soldiers inside Russia … that’s just peachy.
Russia Summons US Envoy Over Presence Of American Mercenaries, CNN Crew In Kursk Region
Too bad … the cat’s already out of the bag
Germany To Extend Border Controls To Combat Illegal Migration
https://www.zerohedge.com/political/germany-extend-border-controls-combat-illegal-migration
The Drudge Report has become so leftist oriented that I don’t think I’ll be going there in the future.
Eff Drudge!
Looks like everything is about Powell this week
Doesn’t appear any big moves will come until after he opens his yap. Everything seems sort of locked down.
Everything is flat, SM, dollar, rates, pm’s, oil.
Not sure how it will go when Powell speaks, but probably not great on the day.
Boring, but steady and at least not getting crushed after breaking out.
ferrett @ 1:47
Thanks for the post. That IS a sad thing … in many areas the Brits are living in a country which doesn’t seem to be theirs any longer. The imposition of Sharia law really irks me. Like you said if immigrants are willing to adopt the mores of the host country that is one thing but many of these people coming in do not want to assimilate and are seemingly barbarians. The manners and restraint of the host people are seen as weakness. The leaders who have done this are traitors and the future havoc they have imported is outrageous!
Cheers
Bear Creek Mining Announces Final Drawdown of Funds Under Sandstorm Promissory Note
https://ceo.ca/@newsfile/bear-creek-mining-announces-final-drawdown-of-funds
Quartz Mountain Completes 3,418 Metres of Core Drilling at Jake Property in British Columbia
https://ceo.ca/@accesswire/quartz-mountain-completes-3418-metres-of-core-drilling
Tajiri Identifies high-grade, Shallow, Sub-horizontal, Gold Shoot, at least 200m Wide & Open in all Directions at K5NW, Reo Project, Burkina Faso
https://ceo.ca/@newswire/tajiri-identifies-high-grade-shallow-sub-horizontal
Benton Stakes Strategic Land at Great Burnt and Provides Exploration Update – Channel Sample Assays 3.79 g/t Gold, 0.68% Copper & 4.10 g/t Silver Over 5.10 m at South Pond
https://ceo.ca/@newsfile/benton-stakes-strategic-land-at-great-burnt-and-provides
Nord Precious Metals Update on Progress on Recovery Permits and Future Tailings Operations at Castle Mine
https://ceo.ca/@thenewswire/nord-precious-metals-update-on-progress-on-recovery
Abcourt Intersects 22.7 g/t Gold Over 7 Metres in Channel Sample on New Stripping Campaign in the Cartwright Area of the Flordin Project
https://ceo.ca/@globenewswire/abcourt-intersects-227-gt-gold-over-7-metres-in-channel
Enduro Metals Corporation Announces 2024 Diamond Drilling Program at Newmont Lake
https://ceo.ca/@newsfile/enduro-metals-corporation-announces-2024-diamond-drilling
Star Royalties Reports Q2 2024 Financial Results
https://ceo.ca/@accesswire/star-royalties-reports-q2-2024-financial-results
Sailfish Reports Record Q2 2024 Results and Engages Renmark Financial Communications Inc.
https://ceo.ca/@newsfile/sailfish-reports-record-q2-2024-results-and-engages
Mawson Finland Provides Update on Exploration Activities at Rajapalot
https://ceo.ca/@globenewswire/mawson-finland-provides-update-on-exploration-activities
Ranchero Enters Into a Letter of Intent to Sell Mexican Subsidiary, and Related Party Loan
https://ceo.ca/@globenewswire/ranchero-enters-into-a-letter-of-intent-to-sell-mexican
Nova Minerals Provides an Update on its Estelle Gold-Antimony Project, in Alaska
https://ceo.ca/@globenewswire/nova-minerals-provides-an-update-on-its-estelle-gold-antimony
Altamira Gold Discovers New Porphyry Outcrops 1.6km East of the Maria Bonita Discovery within the Cajueiro Project
https://ceo.ca/@newsfile/altamira-gold-discovers-new-porphyry-outcrops-16km
VIZSLA SILVER PROVIDES EXPLORATION UPDATE ON PANUCO PROJECT: OUTLINES 10KM DRILL PROGRAM TO TEST NEW TARGETS IN THE EAST AREA
https://ceo.ca/@newswire/vizsla-silver-provides-exploration-update-on-panuco
EnviroGold Global Provides Corporate and Operational Update
https://ceo.ca/@globenewswire/envirogold-global-provides-corporate-and-operational
Perseus Mining Sells Shares in Montage Gold Corp
https://ceo.ca/@globenewswire/perseus-mining-sells-shares-in-montage-gold-corp
Silver Grail Resources Reports New Mineralized Zones on Ram Property
https://ceo.ca/@thenewswire/silver-grail-resources-reports-new-mineralized-zones
Teuton Resources Reports Two New Mineralized Zones on Ram Property
https://ceo.ca/@thenewswire/teuton-resources-reports-two-new-mineralized-zones
Perseus Mining Updates Mineral Resources and Ore Reserves
https://ceo.ca/@globenewswire/perseus-mining-updates-mineral-resources-and-ore-reserves-4d4ae
Outstanding Drill Results From Fletcher Zone At Beta Hunt
https://ceo.ca/@newswire/outstanding-drill-results-from-fletcher-zone-at-beta
Atico Reports Consolidated Financial Results for Second Quarter of 2024
https://ceo.ca/@globenewswire/atico-reports-consolidated-financial-results-for-second-53f0d
O3 Mining Announces $15 Million Bought Deal Financing
https://ceo.ca/@newswire/o3-mining-announces-15-million-bought-deal-financing
Mayfair Gold Q2 2024 Financial and Operating Results
https://ceo.ca/@newswire/mayfair-gold-q2-2024-financial-and-operating-results
Pantera Silver Announces Corporate Update and Strategic Focus
https://ceo.ca/@newsfile/pantera-silver-announces-corporate-update-and-strategic
IMPACT Silver Announces Q2 2024 Results with Strong Revenue Growth of 40% on Increasing Plomosas Production
https://ceo.ca/@newsfile/impact-silver-announces-q2-2024-results-with-strong
Green River Gold Corp. Provides Update on Its Wabi Placer Mining Project
https://ceo.ca/@newsfile/green-river-gold-corp-provides-update-on-its-wabi
Dolly Varden Silver Announces Upsize of Bought-Deal Financing to $28 Million, With Participation by Eric Sprott
https://ceo.ca/@globenewswire/dolly-varden-silver-announces-upsize-of-bought-deal
International Prospect Ventures Reports 3.8 oz Gold Nugget and Update on its Gold Prospects in East Pilbara, Western Australia
https://ceo.ca/@newsfile/international-prospect-ventures-reports-38-oz-gold
ESGold Plans for a Busy Fall Schedule
https://ceo.ca/@thenewswire/esgold-plans-for-a-busy-fall-schedule
Renforth Resources Inc. Identifies Gold and Nickel in Beaupre Soil Samples
https://ceo.ca/@thenewswire/renforth-resources-inc-identifies-gold-and-nickel
Gold Basin Completes Resource Expansion Drill Program at Gold Basin Project, and Reports Additional Oxide Gold Intercepts from Stealth Deposit
https://ceo.ca/@thenewswire/gold-basin-completes-resource-expansion-drill-program
Santacruz Silver Announces Mineral Resources and Reserves and Files NI 43-101 Technical Reports for its Bolivian Assets
https://ceo.ca/@newswire/santacruz-silver-announces-mineral-resources-and-reserves
Blue Star Announces Exploration Results, Advances Pipeline Showings
https://ceo.ca/@newsfile/blue-star-announces-exploration-results-advances-pipeline
Silvercorp Updates El Domo Development Plans and Staffing
https://ceo.ca/@newswire/silvercorp-updates-el-domo-development-plans-and-staffing
Gold Train
Steam Killer
https://railpictures.net/photo/847322/
ipso 23.20
As a limey down under, I’d like to think so but it’s difficult to see how it will happen. So much migration of vastly different cultures unlike anything before. When we had black people from the Caribbean come, they were already british, but still with their own sub-culture. Many Pakistani and Indian people in the 20th century still came with an element of British culture and norms. But the mass, unchecked, unregulated influx of the last few years under govts of both sides (hohoho, one side, different colours: a chameleon government) is likely to change things for ever. No sub-cultures here, no assimilation but insistence on their own culture. I was back in Rochdale, my home town, in 2008 and already there were no-go areas controlled by Muslim Pakistanis, no assimilation there. The funniest thing was the Sikh taxi driver (it was unsafe to walk home from the pub) complaining bitterly about all the foreigners in Rochdale nowadays – in his heavy Indian accent! And that’s fine; hard working migrants wanting to live in Rochdale as Rochdalians and contribute to society are welcome, rather than running white girl grooming and rape gangs.
And now you can’t even complain about it. How can it ever change? Especially with two tier Keir at the helm. So sad.