Loading ...Have been performing really well lately. I don’t think that’s bad news for silver prices in the near term
Dollar crumbling now
but so are the QQQ’s
Gotta think the scum is petrified of $33 silver.
Ipso 10:32
Good research.
Watching part of the hearing on the one attempted assassin.
It’s frigging pathetic. People who have no clue of what their job is asking them questions on what their job is what a joke. Someone standing behind him looking like some kinda guard like someone’s what gonna jump this nobody asking questions about their job. No expert witness of what their job should of been why their boss wasn’t fired along time ago who replaced her and why should we trust them next.. Pathetic show. Aside from a few these useless bad actors need to go.
Not sure why the dollar rallied
Or pm’s fell, the numbers were inline with expectations. GDP anyway. Maybe expectations were for a miss. Durable goods were flat but were expected to be -2.7%, so that’s better. The weekly payrolls were better but they are always better and phony anyway.
But lo and behold, we’re coming back and sticking it to the scum. Silver now up 1%
They expended a lot of ammo to take us down this am. Hopefully we can shove it right up their backsides.
SITKF
I don’t own this one but it might be good for a dice throw with a small amount.
A Tale of Two Gold Mines; Snowline and Sitka
http://www.321gold.com/editorials/moriarty/moriarty092624.html
Deer79
True. They still have the power but it doesn’t seem as bad as it used to be. At least we’re putting up a good fight these days. You’re right, they’ll keep doing it until they can’t. Hopefully that time is just around the corner.
Maddog @ 9:20
Yes, always painful to watch their games.
And yes, they have the power of the printing press, making it profoundly aggravating knowing they are holding gold and silver down using your own money against you.
Looking at the bright side of things, if one looks at a four-hour chart, you will see this is likely only a correction, with prices set to rebound soon. (Maybe tomorrow with the PCE)
It’s easy for them to fudge the GDP numbers because it’s just air – fake money going from one place to another. What’s more, the election models require a strong GDP right into the election to ensure an incumbent win, so they will pull all the stops in terms of the lies.
So, if you are wondering why the bull market in PMs is not spreading out to the smaller stocks and silver, this is why. They will pay for this down the road however, as very little new supply will be coming online until metal prices move higher as companies will simply not take the risk of spending large amounts in silver producers marginal deposits until prices get further away from current levels. A larger correction in silver for example would bring prices back into the red for many companies – all in costs.
This risk will not be mitigated until the money spigots are wide open again.
This should come next year once they pull back on money printing post the election.
Just a 20% correction in the broad market should do it.
They will be sending money to your bank accounts again.
Hopefully it won’t be to a CBDC account.
Anywho – gotta go.
Cheers all
here is the ‘news’ that has hit Oil………from the FT sighting ‘sources’ in Saudi Arabia
Oil Prices Slide After FT Report On Saudi Production, Russia Denies OPEC+ Shift
This stinks of a co-ordinated hit job….I doubt very much Saudi would go against Vlad, they like their heads too much.
Maddog, Buygold
Tis the beauty of having a powerful weapon at their disposal; algorithms that link so many derivates. One stop shopping so to speak.
The scum will continue their games until they can’t……
Well that was fun while it lasted
Notice the SM hasn’t lost anything while PM’s, Oil and any foreign FX get smashed……..happy scum days indeed……lets see what happens later.
They brought out the big guns
Such B.S. that we’re the only thing reversing.
Maddog – oil
I suppose that makes sense. There’s a lot of oil out there too. If Trump were to be elected I suspect oil will tumble big time.
It is interesting to me that initial hit to the pm’s, they’ve leveled off now. That is NOT normal action, they almost always reverse things completely and create another outside reversal on the charts. They might still do it, but the shares seem to be saying they won’t. Dollar also stopped moving higher.
I guess I’m saying we have a chance to keep moving up. Go figure.
Maybe we’re looking at a worldwide Zimbabwe fiat situation where all fiat currencies die at once.
and here comes the reversal…
half the gains wiped out in seconds. Course no gains lost in the SM.
Dollar bouncing a little but still down.
Unfortunately, this is the world we live in.
Goliath Upsizes Non-Brokered Private Placement From $15,725,500 To $16,120,500
https://ceo.ca/@globenewswire/goliath-upsizes-non-brokered-private-placement-from
Guanajuato Silver Achieves Production Milestone at El Cubo
https://ceo.ca/@accesswire/guanajuato-silver-achieves-production-milestone-at
SCOTTIE RESOURCES ANNOUNCES COMPLETION OF 10,000 METRE DRILL PROGRAM
https://ceo.ca/@newswire/scottie-resources-announces-completion-of-10000-metre
1911 Gold Announces Early Exercise of Warrants by Eric Sprott
https://ceo.ca/@newswire/1911-gold-announces-early-exercise-of-warrants-by-eric
White Gold Corp. Encounters Gold in Encouraging Host Rocks of Altered and Mineralized Intrusives in Surface Rock Sampling over 1.25km on the Newly Discovered 2.2km Chris Creek Target on the QV Property
https://ceo.ca/@globenewswire/white-gold-corp-encounters-gold-in-encouraging-host
Westhaven Receives Commitment for Strategic Investment from Rob McEwen of C$1.5 Million as Part of Previously Announced Brokered Private Placement Offering
https://ceo.ca/@globenewswire/westhaven-receives-commitment-for-strategic-investment
Relevant Gold Defines Large-Scale Drilling Target at Bradley Peak, Sampling 46.8 g/t Au, 7.8% Cu and 2% Zn in Apex Zone
https://ceo.ca/@accesswire/relevant-gold-defines-large-scale-drilling-target-at
NGEx Announces Exploration Plan for Lunahuasi
https://ceo.ca/@newswire/ngex-announces-exploration-plan-for-lunahuasi
Getchell Gold Corp. Provides Update on the Fondaway Canyon Gold Project, NV
https://ceo.ca/@newswire/getchell-gold-corp-provides-update-on-the-fondaway
CMC Announces that North Bay Resources has significantly advanced its planned operations at Bishop Gold Mill, Inyo County, California
https://ceo.ca/@globenewswire/cmc-announces-that-north-bay-resources-has-significantly
Valkea Resources to Commence Listing on the TSX Venture Exchange
https://ceo.ca/@newsfile/valkea-resources-to-commence-listing-on-the-tsx-venture
Westhaven Announces Brokered Private Placement for Gross Proceeds of Up to C$5.0 Million
https://ceo.ca/@globenewswire/westhaven-announces-brokered-private-placement-for
Austral Gold Obtains US$2M Related Party Loan
https://ceo.ca/@newsfile/austral-gold-obtains-us2m-related-party-loan
Southern Silver Announces Cerro Las Minitas Drill Program and Incentive Stock Option Grant
https://ceo.ca/@newsfile/southern-silver-announces-cerro-las-minitas-drill-program
Liberty Gold Receives Hardrock Prospector Permit at Black Pine Oxide Gold Project, Idaho
https://ceo.ca/@globenewswire/liberty-gold-receives-hardrock-prospector-permit-at
Jubilee Gold Exploration Ltd. Announces Transfer of Listing to NEX
https://ceo.ca/@newsfile/jubilee-gold-exploration-ltd-announces-transfer-of
Mirasol Resources Announces Private Placement Financing
https://ceo.ca/@globenewswire/mirasol-resources-announces-private-placement-financing-72f8d
ValOre Metals Provides Update on Private Placement
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GREENHEART GOLD ANNOUNCES C$25 MILLION “BOUGHT DEAL” PRIVATE PLACEMENT OF COMMON SHARES
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Dryden Gold Corp. Provides Correction to its Equity Financing
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Gatos Silver Provides Updated Cerro Los Gatos Mineral Reserve, Mineral Resource, and Life of Mine Plan
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Nova Minerals Limited Announces Closing of Public Offering
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Mr. Eric Sprott Increases Equity Position in Aftermath Silver
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Greenheart Gold Signs Heads of Agreement to Acquire the IGAB Gold Exploration Project in Suriname, 30 km South of the Merian Mine
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Kapa Gold Enters Strategic Partnership with MFD Investment Holdings for the Advancement of the Blackhawk Gold Property
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PPX Closes First Tranche of Construction Facility
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Tudor Gold Responds to Seabridge Gold News Release
https://ceo.ca/@newsfile/tudor-gold-responds-to-seabridge-gold-news-release
VIZSLA SILVER ANNOUNCES CLOSING OF OVER-ALLOTMENT OPTION IN FULL
https://ceo.ca/@newswire/vizsla-silver-announces-closing-of-over-allotment-option
New Destiny Mining Drilling Holes 10 and 11 at the Jim Kelly Gold Zone – Treasure Mountain Silver Project, Hope BC
https://ceo.ca/@newsfile/new-destiny-mining-drilling-holes-10-and-11-at-the
Mayfair Announces Non-Brokered Private Placement
https://ceo.ca/@newswire/mayfair-announces-non-brokered-private-placement
Canadian Gold Corp. Hammond Reef South Surface Sample Returns 11.6 gpt Expanding New Gold Discovery & Provincial (Ontario) Funding Grant Awarded to Help Advance Exploration
https://ceo.ca/@newsfile/canadian-gold-corp-hammond-reef-south-surface-sample
Delta Resources Begins the Next Phase of an Exciting 2024/25 Gold Exploration Campaign at Delta-1 in Thunder Bay, Ontario
https://ceo.ca/@newsfile/delta-resources-begins-the-next-phase-of-an-exciting
Asia Broadband Gold Production Continues Upward Trend For Third Quarter, As Ore Stockpile Processing Plant Advances Towards Completion
https://ceo.ca/@globenewswire/asia-broadband-gold-production-continues-upward-trend
Troubadour Congratulates Probe Gold on Increasing Val-d’Or East Gold Resources to 10,005,700 Total Ounces
https://ceo.ca/@thenewswire/troubadour-congratulates-probe-gold-on-increasing-val-dor
Erdene Reports Strong Drill Results and Provides Mine Development Update for the Bayan Khundii Gold Project
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Morning buygold
Re Oil
I reckon this is a bear raid to try and break the mkt down and get the charts bearish, so they can fill the reserve at better prices…..but with Xi going all in it may well be a suicide mission….loads of shorts in the PM stox as well…….
As u say it is a move against everything else……plus u have the ME situation boiling again…..
Silver running again
up $.80 at the moment. Gold up $25.
So, with the eco data coming out, it would be typical for the scum to reverse this early move after the release. Only question is whether they have the guns to do it. I have no doubt that they’ll try, otherwise $33 is in the crosshairs.
Interesting times. The dollar is down a bit now. It almost feels like all fiat is failing. What fiat is strong or has value? Certainly not the Yuan.
The one thing that doesn’t make a lot of sense at the moment is oil, getting trounced again.
Buygold
It’s like playing Dodge ball. Too bad there isn’t a genius that can figure out how to break it up before it hits land. Hurricane’s only like their own wind they don’t like other surrounding wind, it slows them down. They could probably stop them that way. Either that or freeze them lol
Friend in Texas says as far as slow moving there can be the types of weather that can just sit over you and rain and rain and rain and flood everything without a surge.
Yeah Goldie
It’s a big storm. We’re getting quite a bit of rain now but should take a break shortly per the maps and actually clear up. I’ll feel better when the eye gets a little further north because right now it looks like it’s coming directly toward us. Course if it were to do that, it would only be a Cat. 2 max. The longer it’s over the warm gulf, the stronger it’ll get.
Buygold
That’s what hurricane’s do a lot move so regulars wait till it gets closer because they hear that a lot. Isn’t TreeFrog up north? I hope Atlanta has competent people to prepare their citizens from the floods. One thing I noticed lacking anywhere with flooding after or during even with electricity is they have no warning systems or get out road blocks to prevent commuters from driving right into flooded streets not knowing the depth especially at dusk or pre dawn.
No effects from the hurricane yet
Fortunately, it’s moved further west into the gulf. Bad for the folks up north because it strengthens out there. Expecting some wind and rain shortly. It’s a fast-moving storm which is a blessing. We’ll see how long I have power today.
On the move
Appears everything is in rally mode at the moment led by the SM futures. No idea why that would be.
There’s a truckload of eco data this am. GDP, Durable Goods, Weekly Jobless claims. More tomorrow with the PCE
Platinum, palladium, and silver are up nicely, gold up $11
Apparently, the markets are looking for weak data. We’ll find out in a few hours.
Last day for hurricane prep.
The hurricane now grows to Cat 4′
Hope those who will ride it out not in surge areas stay together in one safest room so they know where they are and can stay out during the worst of it. I’ve heard more than once people losing children sleeping in a different room by falling debris usually trees.
now saying surge to increase to 20 feet.
Hurricane Helene is now forecast to reach catastrophic Category 4 strength by the time it makes landfall in Florida on Thursday, the National Hurricane Center says, with storm surge potentially climbing to 20 feet along some parts of the coast.
Helene could be the strongest hurricane to hit the United States in over a year – and time is running out for those in its path to prepare.
“Preparations to protect life and property from storm surge and damaging winds along the Florida Big Bend coast should be rushed to completion today,” the center warned.
https://www.cnn.com/2024/09/25/us/helene-tropical-storm-florida-evacuations/index.html