outperforming in a weaker SM. Will be interesting to see if we can close above $2600 & $31 today with the dollar up a little.
So far, so good
outperforming in a weaker SM. Will be interesting to see if we can close above $2600 & $31 today with the dollar up a little.
So far, so good
Cover-Up: Ex-Border Patrol Chief Says He Was Instructed By Biden-Harris Admin To Hide Terrorist Encounters
Now you’ve done it!
VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report that a test mining and bulk sample program (the “Program”) is now underway at the Madsen Mine, adding a key derisking component to the efforts being made to prepare the mine for a targeted restart in 2025.
https://finance.yahoo.com/news/west-red-lake-gold-starts-073800758.html
I actually do think our day has come, and it’s funny, no one in the US markets even seems to know it. I’d guess that’s probably a good thing, fewer weak hands to flush. When we hit $3K in December, maybe they’ll take note. 🙂
Probably shouldn’t have said that, they’re listening ya know. If we don’t hold the gains today, you’ll know why. 🙂
I’m glad to be back!
Has our day come?
We are strengthening this am – go figure. Shares starting to strengthen as well. Dollar still up but showing signs of fatigue. Rates up a bip and a half now.
No reason for us to be strong at the moment, but somehow we are. Like it. Hopefully it holds and continues.
Nova Minerals Limited Provides an Update on the RPM Feasibility Study and Variation to the Nebari Convertible Facility
https://ceo.ca/@globenewswire/nova-minerals-limited-provides-an-update-on-the-rpm
Cerrado Files NI 43-101 Preliminary Economic Assessment Technical Report and Mineral Resource Estimate for The Minera Don Nicolas Mine in Santa Cruz, Argentina
https://ceo.ca/@accesswire/cerrado-files-ni-43-101-preliminary-economic-assessment
First Mining Announces $7 Million Bought Deal Public Offering and Non-Brokered Private Placement
https://ceo.ca/@newswire/first-mining-announces-7-million-bought-deal-public
ValOre Metals Announces Non-Brokered Private Placement to Raise CAD $3.5 Million
https://ceo.ca/@globenewswire/valore-metals-announces-non-brokered-private-placement
Airborne Geophysical Survey Completed at Pine Channel Gold Project, Saskatchewan
https://ceo.ca/@accesswire/airborne-geophysical-survey-completed-at-pine-channel
CMC Metals Ltd. Completes A Significant Reclamation Program and Discovers Three Manto Zones at its Silver Hart Project, Yukon, Canada
https://ceo.ca/@globenewswire/cmc-metals-ltd-completes-a-significant-reclamation
VIZSLA SILVER CLOSES $65 MILLION BOUGHT DEAL FINANCING
https://ceo.ca/@newswire/vizsla-silver-closes-65-million-bought-deal-financing
Avrupa Minerals Intersects Polymetallic VMS Mineralization at Sesmarias
https://ceo.ca/@thenewswire/avrupa-minerals-intersects-polymetallic-vms-mineralization
O3 Mining Further Consolidates Presence in the Casa Berardi Trend by Acquiring the Desjardins Property
https://ceo.ca/@newswire/o3-mining-further-consolidates-presence-in-the-casa
Asante Announces Start of Mining at the Russel Starter Pit at the Bibiani Gold Mine
https://ceo.ca/@globenewswire/asante-announces-start-of-mining-at-the-russel-starter
Minaurum Drills Multiple High Grade Silver Intercepts Including 2,431 g/t Ag over 0.70 m at Alamos Silver Project
https://ceo.ca/@newsfile/minaurum-drills-multiple-high-grade-silver-intercepts
Tectonic Metals Achieves 96% Gold Recovery from First-Ever Heap Leach Column Tests on A Mix of Oxidized and Non-Oxidized Fresh Mineralized Rock from Flat Gold Project
https://ceo.ca/@accesswire/tectonic-metals-achieves-96-gold-recovery-from-first-ever
Northstar Gold Corp. Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource at Miller Copper-Gold Property
https://ceo.ca/@newsfile/northstar-gold-corp-signs-mou-with-hunan-nonferrous
Bolt Metals Enters LOI to Acquire Drill Ready, High-Grade Silver/Copper Property and Announces Private Placement
https://ceo.ca/@thenewswire/bolt-metals-enters-loi-to-acquire-drill-ready-high-grade
Gold Bull defines two new drill targets at Sandman High grade rock chip samples up to 210g/t Ag & 1.11g/t Au
https://ceo.ca/@globenewswire/gold-bull-defines-two-new-drill-targets-at-sandman
Apogee Minerals Completes Geophysical Work at the Pine Channel and Shasko Bay Projects, Saskatchewan
https://ceo.ca/@globenewswire/apogee-minerals-completes-geophysical-work-at-the-pine
Cartier intersect near surface high-grade gold at East Cadillac Property: 60.1 g/t Au over 0.5 m and 11.4 g/t Au over 3.0 m
https://ceo.ca/@globenewswire/cartier-intersect-near-surface-high-grade-gold-at-east
Fortitude Gold Receives Isabella Pearl Deep Permit
https://ceo.ca/@accesswire/fortitude-gold-receives-isabella-pearl-deep-permit
Guanajuato Silver Repays OCIM Loan In Full
https://ceo.ca/@accesswire/guanajuato-silver-repays-ocim-loan-in-full
Adamera Acquires New Gold Project – Drilling Expected To Begin In October
https://ceo.ca/@thenewswire/adamera-acquires-new-gold-project-drilling-expected
Kenorland Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
https://ceo.ca/@newsfile/kenorland-receives-notice-of-exercise-of-top-up-right-2427a
Western Exploration Reports Positive Gravel Creek Metallurgical Results, Including Gold Recovery of 94.8% to Combined Gravity and Flotation Concentrate
https://ceo.ca/@businesswire/western-exploration-reports-positive-gravel-creek-metallurgical
Prospector Options Toogood Property, NL
https://ceo.ca/@newsfile/prospector-options-toogood-property-nl
can we hold the gains? I have my doubts because the dollar is up a bit and has been moving up steadily the last couple of hours. The SM futures are also down a little, so I don’t know. 10 yr down a bip.
Nevertheless, gold is sitting at $2609 and silver at $31.30, up $23 and $.46 respectively. They were a little higher earlier but not much. Good to see for sure. The shares are firm, but not crazy, NEM up 1% premarket.
We’ll see who blinks when the Crimex opens. I know the funds added shorts in the last COT as the banks covered, but that was a week and a half ago.
Hopeful, but won’t be surprised if they take us back down. We know how they are with round numbers.
Note how the 200 day is capping all the Hi’s and how we are building a bull flag to break above the 50 d Av……the 2nd chart is the Spread going back to 1998 on a quarterly chart….which clearly shows how depressed the spread is still …at the record lows…..
The Coast Starlight passing Mt. Shasta
https://railpictures.net/photo/849731/
When I used to run and hike in the mountain but mostly when I ran next to streams and rivers the crickets and birds were my eyes especially at sun down. Id have to be pretty hungry to eat them but maybe for fishing bait if I had to. They never failed to let me know if I was being followed. Come to think of it even in front of me to turn back. I went back one time to where I turned back to see what tracks I could find. What I found was a freshly killed donkey. I never seen anything like it. Only his head and spinal cord was still attacked was left whit a look of horror on its face. I wasn’t sure if it was human or animal when I turned back so guessing it was a pack of animals in but what takes all the animal like that leaving it’s spinal cord still attacked like a fish. Nothing left, not even the tail and in one night.
Someone told me after all this time Apmex is selling on eBay without all those fees. Have to tell the kids about it.
Seems like some of the PM stocks look like they are topping for now while others just starting to move. Bitcoin doing well and so far may be heading for a next move still a little volatile.
I guess the platinum have moved on expectation cars may start selling again when the real hitlers announced a delay in mandatory EVs by China only at the expense of US and EU manufacturing and interest rates falling.
So higher prices for cars housing etc all continue to rise unless they don’t take the bait yet till you will own nothing but be happy because why work for nothing when they turn around and give it to someone else. The government will provide tiny houses and public transportation as long as they got the money and permission so they know where they are at all times and provide climate friendly low carbon food like crickets and beetles.
The media is saying the left pinning agenda 2025 on Trump when it’s not him but partially more them has been effective in fooling many. So why don’t they open up on agenda 2030 and it’s true agenda run by the UN and WEF. Since it hard to pull a dictatorship in a healthy economy and where people own stuff they got this great idea to tear everything down so they can accept what ever dole they hand out that they stole from them in the first place for the price of their freedom and perpetual poverty or extermination. There already turning blue city’s into open air prisons with the inmates running it.
Interest rates have been reverted for over 600 days. The FED has changed course even though they never came close to their inflation target. History tells us that after the yield curve returns to normal a recession/depression occurs. The longer the yield curve stays inverted, the deeper the recession/depression.
The current state of the world politics, economics, and warfare has resulted in the entire world being vulnerable to a severe depression. Historically, a significant popular war is at the bottom of the economic cycle. The Viet Nam war was the unpopular war at the top of the long term cycle.
If things get bad enough, all debt will be repudiated like the Jewish year of the Jubilee. I don’t have a clue how all this will unfold. Banks, insurance companies and retirement plans are full of stocks and bonds in their reserves.
I still have a few pieces to add to my doomsday list but I have the significant ones in place. I’m very closely watching platinum and palladium in relationship to gold and silver.
”Keep on stacking” !
rno
Captain – I don’t know, it just seems like the dollar has resumed its’ downtrend, so that is sort of my thinking. If it reverses course hard off the upcoming double bottom then probably we see some selling for sure in the metals. Other than the COT reports, I don’t really keep an eye on the futures markets like you do, so I really don’t have any idea.
SNG – that appears to be the case for now, although a lot of the miners haven’t exactly helped themselves with earnings. You’d think at some level in the metals, Aladdin’s algo’s will be switched to buy mode. I don’t think the pm mining sector is big enough to matter all that much to BlackRock as long as their precious SM stays alive. Bitcoin is up 4% today, I’d sure like to see pm’s start to move like that. While CB’s are buying the metals up, US investors don’t even seem to have them on their radar. I get the feeling that we’ll wake up one day and all that will have changed and no one will be selling.
Yes sir ree Bob Jim Dandy.
It’s counting in fives higher too.
Chuckle
Between the commies blowing out the deficits with spending prior to the election, along with BRICs related buying right through October potentially – you could be right – any such pullbacks could be delayed.
Plus, silver should blow-off prior to what could be labelled an intermediate top.
Should have mentioned that.
A little tired this morning.
Chuckle
I will believe that when I see it.
Most people live on their phones and will go down in flames with them.
No point in sending out draft instructions to ye mobile…..we will have dumped them all v soon…..after what the Israeli’s have just done…..