Loading ...Hoping we can hang onto the gains.
Maddog – yes, it looks like the 50 dma is on the trajectory of crossing the 200 to me.
Really hoping these idiots don’t start WWIII over the weekend. It seems they are the only ones who want it.
From yesterday … can’t see that I blame them
BREAKING NEWS
RUSSIAN PRESIDENT VLADIMIR PUTIN SAYS THAT RUSSIA SHOULD CONSIDER LIMITING EXPORTS OF URANIUM, TITANIUM AND NICKEL IN RETALIATION FOR WESTERN SANCTIONS.
These bastards are taking us to the brink of nuclear war
Biden and Kamala are expected to launch WW3 this weekend and authorize attacks deep in Russian territory.
Sec of State Blinken will announce tomorrow that the US has given Ukraine the greenlight to strike deep inside Russia using Western made missiles.
Buygold
That so called Death cross, is when the 50 day Av goes below the 200 d Av a v bearish move ….that happened a while ago for the DXY…..even worse…..I have noticed that when the 50 Av goes above/below the 200, then recrosses back/above after a short while, the ensuing move is very strong and even worse when u get a double of that …which has happened to the DXY…this recent cross back down by the 50 is the second reversal….since September ’23
I like the $2,600 level
It just sounds good! Thanks gold haters of the world
This seems right – $3K by year end
We haven’t even seen hedge funds jump into metals and miners yet.
Whether Trump is reelected or Harris becomes the first female president of the U.S., Citigroup analysts forecast gold prices exceeding $3,000 by the end of 2024…
Charts of most pm shares
Look absolutely fantastic. Hope the scum doesn’t see that for another week or so. 🙂
Goliath Upsizes Flow Through Placement From $12,750,000 To $14,725,00 With Strategic Investor Mr. Larry Childress Buying 1,000,000 Shares
https://ceo.ca/@globenewswire/goliath-upsizes-flow-through-placement-from-12750000
1Moz Reserve allows Catalyst to double production for A$31m
https://ceo.ca/@newswire/1moz-reserve-allows-catalyst-to-double-production-for
Endeavour Achieves Commercial Production at BIOX Expansion and Lafigué Growth Projects
https://ceo.ca/@globenewswire/endeavour-achieves-commercial-production-at-biox-expansion
A.I.S. Resources Sets New Path for Growth with Australian Gold Exploration Update and Board Appointment
https://ceo.ca/@globenewswire/ais-resources-sets-new-path-for-growth-with-australian
MINERAL HILL INDUSTRIES LTD. ANNOUNCES CHANGE OF CONTROL
https://ceo.ca/@newswire/mineral-hill-industries-ltd-announces-change-of-control
Maiden Profit for Catalyst
https://ceo.ca/@newswire/maiden-profit-for-catalyst
B2Gold Announces Goose Project Update; Project Construction and Development on Track for First Gold Production in Q2 2025; Total Construction and Mine Development Cash Expenditure Estimate Before First Gold Production Revised to Reflect Current Timeline
https://ceo.ca/@globenewswire/b2gold-announces-goose-project-update-project-construction
Carlyle Issues Shares for Debt and Announces Settlement
https://ceo.ca/@newsfile/carlyle-issues-shares-for-debt-and-announces-settlement
FOKUS MINING CORPORATION ANNOUNCES $1.5 MILLION PRIVATE PLACEMENT
https://ceo.ca/@newswire/fokus-mining-corporation-announces-15-million-private
Bronco Announces Flow-Thru and Non-Flow Financing for up to $1,200,000
https://ceo.ca/@thenewswire/bronco-announces-flow-thru-and-non-flow-financing-for
Alamos Gold Provides Updated Three-Year Production, Operating and Capital Guidance
https://ceo.ca/@globenewswire/alamos-gold-provides-updated-three-year-production
Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of the Thompson Creek Mine and Ramp-Up of Langeloth
https://ceo.ca/@globenewswire/centerra-gold-announces-thompson-creek-feasibility
Ramp Metals Announces Sale of Railroad Valley Project to Canter Resources and Provides Exploration Update
https://ceo.ca/@newsfile/ramp-metals-announces-sale-of-railroad-valley-project
Sandstorm Gold Royalties Reports Portfolio Drilling and Exploration Activity
https://ceo.ca/@newswire/sandstorm-gold-royalties-reports-portfolio-drilling
Soil Geochemistry Highlights Multi-Kilometre Mineralized Trends at Polimet Gold-Copper-Silver Project, Chile
https://ceo.ca/@thenewswire/soil-geochemistry-highlights-multi-kilometre-mineralized
Silver Storm Provides Bi-Weekly MCTO Status Update
https://ceo.ca/@businesswire/silver-storm-provides-bi-weekly-mcto-status-update-c74a1
Nord Precious Metals Reports Higher Silver Grade Potential in Historical Unreleased Assays due to Native Silver in Miller Creek Tailings
https://ceo.ca/@thenewswire/nord-precious-metals-reports-higher-silver-grade-potential
Relevant Gold Receives Exploration Permit and Commences Drilling at the Burr Target
https://ceo.ca/@accesswire/relevant-gold-receives-exploration-permit-and-commences
Doubleview Gold Corp.’s 2024 Drilling Campaign Passes 5,000m Mark
https://ceo.ca/@newsfile/doubleview-gold-corps-2024-drilling-campaign-passes
Beauce Gold Fields Ditton Property Placers 90% Gold and 10% Silver Produces 154.98 G/T of Gold Concentrate
https://ceo.ca/@thenewswire/beauce-gold-fields-ditton-property-placers-90-gold
Sanatana Completes 2024 Drill Program at Oweegee Dome Project in BC’s Golden Triangle
https://ceo.ca/@newsfile/sanatana-completes-2024-drill-program-at-oweegee-dome
79 Resources Ltd. Announces New Chief Executive Officer, Adds to Exploration Portfolio with Rottenstone Project
https://ceo.ca/@thenewswire/79-resources-ltd-announces-new-chief-executive-officer
Ranchero Announces Closing of the Sale of Its Mexican Subsidiary
https://ceo.ca/@globenewswire/ranchero-announces-closing-of-the-sale-of-its-mexican
Nubian Provides Update on Athena Gold Corporation
https://ceo.ca/@globenewswire/nubian-provides-update-on-athena-gold-corporation
Troubadour Resources Highlights Major 2024 Corporate Milestones, Successfully Closing its Non-Brokered Private Placement and Raising $4.455M in Quarter
https://ceo.ca/@thenewswire/troubadour-resources-highlights-major-2024-corporate
Morning Maddog
A little bit of follow thru this am.
Last read I think from Von Greyrerz was that it would take north of $30K an oz. to cover all the dollars floating around out there, so there’s that. It probably needs to be even higher. They might as well let the price go, we will either have to devalue the dollar or revalue gold at some point in the not-too-distant future.
Watching the Yen this am, up nearly 1% against the dollar. Looks like the dollar may start to resume its down trend. It broke below the 200 dma yesterday, and appears to be headed toward a “death cross” on the charts. At least I think that’s what it’s called.
Saudi’s buying as well…and we all know they haven’t got a pot to piss in….Not !!!!!
Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland
Note how one of the major reasons given, is ever since Russian assets were seized, CB’s want out of the Dollar and into Gold….held in their vaults…….not sure how many dollars are hld offshore by CB’s…but I think it is a fair guess that we need another 1 or two noughts on the price to hoover a fraction of those dollars up.
Trump
No taxes on Overtime. My last few years I was pulling over 30 hours a week OT that mixed in double time. Before that at least 10 hours where at that time put myself on 4 days a week or would of been more. Maybe that will motivate the others to pull their weight instead of leave it on very a few of us. It would be nice if he made that retro active.
Yen on the move tonight
We’ll see what happens in the morning
Ipso
No doubt brother. It was always supposed to end like this unless God decides to give it a pause.
What a great day for pm’s today!
Buygold
The devil must be lickin his chops. He’s in a bull market for human misery.
Ipso, Maddog
Clearly, they are all driven by the evil that runs this world. Maybe they think they can survive it in their bunkers. The obsession with control and the destruction of the US and Europe whether by war or immigration is just craziness. I can’t believe that as a people we allowed this to happen. I can’t believe these governments were allowed to act in this way by others in the government. To me, there’s no other explanation other than this is a spiritual war that resides outside our dimension, controlling minds and wills.
IMHO, Putin would be well within his right to act.
One thing of note today. The dollar did pick up some downside steam all afternoon. Maybe they intend to devalue or collapse the currencies/economies before handing over the reins.
Maddog
Is WW3 good for the gold price? What is it that Einstein supposedly said?
Two things are infinite: the universe and human stupidity; and I’m not sure about the universe!
ipso facto
That news from Putin is why we are rallying…….this is all about cancelling the election……and more to the point who the hell is in charge ?????/
Having said that why are the European Currencies strong…….and the SM’s…..are the mkts ignoreing that Russian news. ?????
Buygold @ 14:23
Today’s gold and silver jump seemed to come out of nowhere … of course if there was an obvious reason the riggers would have jumped all over them.
I can’t believe the Biden admin is toying with the idea of allowing attacks on Russia with long range missiles … likely with NATO technicians. The arrogance is incredible! Bastards!
Mr.Copper
0 to 60 in 3 seconds….this beast will do that……
@eeos Yes, Wanka and the others We Lost would be very happy today
My account balance went zero to 60 in three seconds today. LOL.
I was in Salt Lake City this summer and saw the largest open pit mine Bingham Canyon Mine
I think it’s utter craziness that Americans burned Joseph Smith out of Navoo, IL only for him to find nicer weather and a mine that made Mormon’s $8B in metals since it’s inception. Another interesting fact is that the Mormons didn’t suffer from the great depression and his bank made it without the feds. Got Gold?
Ipso
It seems commodities are trading as if WWIII is starting very soon.
Gold is the weakest of the group with platinum and palladium up 2.7 and 3.7% respectively.
It’s so good to see the move in the shares portend really good things for the metals.
$3K by year end? 🙂