Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...Re Pall and Plat and Au
I may be wrong …usually am…but tdys action suggests the scum have lost control of AU ….they can’t smash it down, like they have with the others, because every Oz they sell gets EFP’d for Physical…..in other words they have to deliver every O’z within 2 days of the trade…….and they haven’t got anything like that…..
Meanwhile they continue to dig their graves in Ag, Plat and Pall.
Vlad is up against some serious shite. They’re dismantling the supreme morons armed forces with $300 drones. Equipment worth $2.5-6M a copy, if not more. Many times the drones are okay and can be reused. I would be so scared of the US weapons and the drones. The drones can take obsolete weapons on the battlefield and turn them into robotic smart bombs. It’s gamers winning the war! They’ve even beat DJI the drone leader in the world, with 3D printing and also propeller designs.
down $62?
Platinum down $36
Seems to emphasize just how strong gold really is right now. Silver is what it is, always undervalued and always volatile. There’s just no way, that it’s not going a lot higher.
WASHINGTON/BRUSSELS, Oct 28 (Reuters) – The U.S. will not impose new limits on Ukraine’s use of American weapons if North Korea joins Russia’s war, the Pentagon said on Monday, as NATO said North Korean military units had been deployed to the Kursk region in Russia.
The North Korea deployment is fanning Western concerns that the 2-1/2-year conflict in Ukraine could widen, even as attention shifts to the Middle East.
It could signal how Russia hopes to offset mounting battlefield losses and continue making slow, steady gains in eastern Ukraine.
“The deepening military cooperation between Russia and North Korea is a threat to both Indo-Pacific and Euro-Atlantic security,” NATO Secretary-General Mark Rutte told reporters after talks with a South Korean delegation about the North Korean deployments.
U.S. President Joe Biden said the development was “very dangerous.”
The Pentagon estimated 10,000 North Korean troops had been deployed to eastern Russia for training, up from an estimate of 3,000 troops last Wednesday.
How the SM never takes a hit for more than a day anymore. It’s also rare when the DIA & QQQ are down big together.
When it finally collapses, no one will believe it.
Rumor has it that Bank of America is in trouble, I doubt it’s just because of silver, but don’t doubt the Fed might be trying to protect them.
As for today, the dollar has turned south quickly and they just got out in front of it. I think the dollar topped yesterday. JMHO
I looked back at an article that was posted on SD Bullion’s web site back in 2022. In the article, it claimed
that 4 banks (JPM, CitiBank, Bank of America, and Goldman Sachs) were counterparty to 97% of all US derivative bets
involving Silver, Palladium, Platinum and Gold prices.
And ZH posts another article (again, for Premium subscribers) where the headline simply says “Goldman Sachs warns
all hell about to break loose in repo.”
One of the 4 dominant banks is claiming that hell is about to break loose in the repo market?
We all know that Goldman, over the years, has been notorious for frontrunning markets, posting articles that support their position, and then dumping their longs into unsuspecting bag holders….
In this case, I’m not so sure……..
e Silver
It is by far the most volatile of all the metals…….when it goes, you can be wrong vast amounts in minutes….the charts show it as having perhaps the most potential upside of any market…….the 45 year base can support prices way into the hundreds……$ 300 or $ 500 is not fanciful given the base formation….meanwhile uses for Silver just keep multiplying….in Health, life style and now Solid State batteries……. then u have decades of shorts ….still holding on, despite recent rises.
It is in short a nuclear bomb waiting to go off…..
dollar coming back in. This is a tree shaking, fake selloff. JMHO
metals get slammed,
happy wednesday!!
At least the ADP numbers seemed to be. Estimates were for 115K new payrolls, and they came in more than double at 233K. Makes me wonder about either the guys doing the estimates or the actual numbers. GDP was a miss surprisingly; it came in at 2.8% vs. estimates of 3%, probably means it was much lower than 2.8%. I don’t think during the entire Obama years there was growth above 2%, with a lot of years below that. Hard to believe, but I digress.
So, for some reason the dollar is higher now, not much and hard to see it holding with rates falling, now down 3 bips. Hopefully, we see the dollar fall and it picks up silver this morning, which they are waterfalling and has given up all its gains from yesterday. Sort of a non-sensical move to me, especially with gold up – although they are trying to beat that down as well.
Looks like we’re gonna have some selling out of the gates.
Adogsbody – why silver? I can only guess that it’s because the LBMA and Crimex are so ridiculously short, and one of the big banks is at serious risk. They literally have to try and defend it with paper to create some room for them to wiggle their way out from under the mess.
The shares don’t look horrible to me yet, so maybe a comeback is in the works.
edit: On second look, the shares sure don’t look good either.
They are desperately trying to suppress silver.
What are they worried about?
Dog
Signal Gold Announces Final Drill Results From the Western Extension of Goldboro, Including 7.56 g/t Gold Over 1.9 Metres and 3.80 g/t Gold Over 3.0 Metres
https://ceo.ca/@accesswire/signal-gold-announces-final-drill-results-from-the
Gold Terra Announces Non-Brokered Charity Flow-Through and Private Placement
https://ceo.ca/@accesswire/gold-terra-announces-non-brokered-charity-flow-through
Altamira Gold Identifies Third Centre of Hydrothermally Altered and Veined Porphyry Rocks at the New Espirro Target, Within the Cajueiro Gold District
https://ceo.ca/@newsfile/altamira-gold-identifies-third-centre-of-hydrothermally
Kinross Gold First Hole Drilling Update at Riley Gold’s PWC Gold Project (Cortez District – Nevada)
https://ceo.ca/@newsfile/kinross-gold-first-hole-drilling-update-at-riley-golds
Cartier cuts 7.2 g/t Au over 8.0 m at the new Portal Zone on the East Cadillac Property
https://ceo.ca/@globenewswire/cartier-cuts-72-gt-au-over-80-m-at-the-new-portal
Newcore Gold Drilling Intersects 0.94 g/t Gold over 54.0 Metres, Including 2.08 g/t Gold over 11.0 Metres at the Enchi Gold Project, Ghana
https://ceo.ca/@globenewswire/newcore-gold-drilling-intersects-094-gt-gold-over
Harvest Gold Provides Update on Exploration on its Urban Barry Gold Properties in Quebec
https://ceo.ca/@thenewswire/harvest-gold-provides-update-on-exploration-on-its
Cabral Gold Announces $3M Private Placement Financing
https://ceo.ca/@newsfile/cabral-gold-announces-3m-private-placement-financing
Radisson Announces Additional High-Grade Drill Results at O’Brien, Including 16.2 g/t Gold over 5.4 Metres, 12.1 g/t Gold over 4.4 Metres and 62.0 g/t Gold over 1.0 Metre
https://ceo.ca/@globenewswire/radisson-announces-additional-high-grade-drill-results
Cerrado Receives Notice From Hochschild Subsidiary to Exercise Its Option to Acquire the Monte Do Carmo Gold Project
https://ceo.ca/@accesswire/cerrado-receives-notice-from-hochschild-subsidiary
O3 Mining Provides Update on Marban Alliance’s Economic Studies and Permitting Process
https://ceo.ca/@newswire/o3-mining-provides-update-on-marban-alliances-economic
Asante Announces Closing of First Tranche of US$100 Million Non-Brokered Private Placement
https://ceo.ca/@globenewswire/asante-announces-closing-of-first-tranche-of-us100
Orosur Mining Inc Announces Results for First Quarter Ended August 31, 2024
https://ceo.ca/@accesswire/orosur-mining-inc-announces-results-for-first-quarter-6a258
Doubleview Gold Corp Announces Closing of Second Tranche of Private Placement for Total of $1,833,270
https://ceo.ca/@newsfile/doubleview-gold-corp-announces-closing-of-second-tranche
Newmont Receives First Battery-Electric Large Mining Truck
https://ceo.ca/@businesswire/newmont-receives-first-battery-electric-large-mining
Panoro Minerals Extends and Expands Exploration Permit, Cotabambas Project, Peru
https://ceo.ca/@newswire/panoro-minerals-extends-and-expands-exploration-permit
AuMEGA Completes First Pass Reconnaissance Tills Program at Intersection
https://ceo.ca/@newsfile/aumega-completes-first-pass-reconnaissance-tills-program
NEW GOLD REPORTS THIRD QUARTER 2024 RESULTS
https://ceo.ca/@newswire/new-gold-reports-third-quarter-2024-results
NEW GOLD ANNOUNCES COMMERCIAL PRODUCTION AT NEW AFTON’S C-ZONE AND FIRST ORE FROM RAINY RIVER UNDERGROUND MAIN AHEAD OF SCHEDULE
https://ceo.ca/@newswire/new-gold-announces-commercial-production-at-new-aftons
Radisson Announces Final Closing of Previously Announced $7 Million Oversubscribed Private Placement
https://ceo.ca/@globenewswire/radisson-announces-final-closing-of-previously-announced
Elemental Altus Announces Completion of AlphaStream Transaction and La Mancha Private Placement, Appointment of Director
https://ceo.ca/@newsfile/elemental-altus-announces-completion-of-alphastream
Silver Dollar Closes Financing Led by Strategic Investor and Largest Shareholder Eric Sprott
https://ceo.ca/@newsfile/silver-dollar-closes-financing-led-by-strategic-investor
Nord Precious Metals Update on Miller Creek Tailings Reprocessing and Backfilling Near-Surface Open Stopes
https://ceo.ca/@thenewswire/nord-precious-metals-update-on-miller-creek-tailings
Klondike Gold Discovers 300-meter Southeastern Extension to Stander Zone in Drilling Including 21.50 g/t Au over 4.0 meters (Including 76.07 g/t Au Over 1.0 Meter and 9.50 g/t Au Over 1.0 Meter) and 4.84 g/t Au over 9.0 Meters (Including 35.44 g/t Au over 0.5 Meter)
https://ceo.ca/@accesswire/klondike-gold-discovers-300-meter-southeastern-extension
Rio2 Announces Closing of C$63 Million Public Offering and C$5 Million Private Placement
https://ceo.ca/@globenewswire/rio2-announces-closing-of-c63-million-public-offering
First 2024 Drill Holes Confirm Potential of Large, Low Grade Open-Pit Concept at Duquesne West and Other News
https://ceo.ca/@globenewswire/first-2024-drill-holes-confirm-potential-of-large
ESGold Corp. Accelerates Montauban Mine Production with New Financing Pathways and OTCQB Listing Application
https://ceo.ca/@thenewswire/esgold-corp-accelerates-montauban-mine-production
Cerro de Pasco Resources Announces Private Placement of up to $15 Million
https://ceo.ca/@globenewswire/cerro-de-pasco-resources-announces-private-placement
Goldshore Announces Closing of Private Placement Offering Raising $13.9 Million
https://ceo.ca/@newsfile/goldshore-announces-closing-of-private-placement-offering
Emperor Metals Expands Near-Surface Mineralization at Duquesne West Gold Deposit; Intersects 52.1 m of 0.8 g/t Au
https://ceo.ca/@newsfile/emperor-metals-expands-near-surface-mineralization
ORION MINE FINANCE PROVIDES FURTHER UPDATE ON ITS BENEFICIAL OWNERSHIP OF COMMON SHARES OF SANDSTORM GOLD LTD.
https://ceo.ca/@newswire/orion-mine-finance-provides-further-update-on-its-beneficial
Golden Spike Announces Start of Drilling, and Rock and Soil Sampling Results from Gregory River
https://ceo.ca/@newsfile/golden-spike-announces-start-of-drilling-and-rock
Northstar Announces Non-Brokered Private Placement
https://ceo.ca/@newsfile/northstar-announces-non-brokered-private-placement-11cc5
Blue Star Extends Ataani Massive Sulphide Discovery to +300 Metres, Remains Open; Completes Strategic Expansion of Landholdings
https://ceo.ca/@newsfile/blue-star-extends-ataani-massive-sulphide-discovery
The Abitibi Gold Belt Remains a World Class Gold District in a Mining-Friendly Jurisdiction
https://ceo.ca/@thenewswire/the-abitibi-gold-belt-remains-a-world-class-gold-district
VIZSLA SILVER RECIEVES NATIONAL RECOGNITION FOR ITS HEALTH, SAFETY AND SUSTAINABILITY EFFORTS FOR THIRD YEAR IN A ROW
https://ceo.ca/@newswire/vizsla-silver-recieves-national-recognition-for-its
First Andes Silver Announces High-Grade Silver Assays at Santas Gloria Property Including 0.95m at 754 g/t Ag Eq Within 7.43m at 224 g/t Ag Eq
https://ceo.ca/@newsfile/first-andes-silver-announces-high-grade-silver-assays
Northern Superior Reports 2.60 g/t Au Over 26.5 Metres Including 4.55 g/t Au Over 13.4 Metres, From Its Resource Expansion Drilling Program at Philibert
https://ceo.ca/@accesswire/northern-superior-reports-260-gt-au-over-265-metres
Noble Completes Phase 1 Drilling on Boulder Project near Hearst, Ontario:
https://ceo.ca/@thenewswire/noble-completes-phase-1-drilling-on-boulder-project
Sanu Gold Announces a New Target at Salat East on Daina Project
https://ceo.ca/@newsfile/sanu-gold-announces-a-new-target-at-salat-east-on-daina
I’m still alive with two jabs. You insisted for the last few years that I’d be dead already. I have a friend that said, there’s no way they injected the whole population that was accepting of it. He insists that we were jabbed and they squirted saline in the vast majority of the population and that it was more of a public experiment with compliance and mind control. But I’ll leave this one to doctors. You’ll be dead! Not today, probably next week. Not this week, next week. In a month or else! Next year! Life goes on.
and thought it was a decent source of news too. So I was floored to read about it being a Chinese lever. Most likely Democrats hate it, so this is why I should be reading it again. Ha
I see we hit $2,801.70 overnight. It’s a long fall, be safe in the tent.
Looks like it’s ahead of schedule. I think he said this would happen in January. This is a premium article on ZH, but the headline says enough. They will have to print like crazy people. He’s got a couple more video’s out that I’ll post.
“the supply picture sets up the potential need for significant liquidity intermediation at a time when some balance sheet constraints are likely intensifying”
Here’s his take on the Goldman article.
Looks like there’s a little follow thru in the bond market as rates are down 4 bips to 4.22% this am. Dollar taking its cue from that and dipping just a little, not much. Wondering if both found a short term top yesterday.
Gold sort of meandering higher, up $8 to $2,882. Silver down $.22. Not sure if we should expect a big rally here after yesterday’s gains, but hopefully the dollar won’t be a head wind for a little while.
Everything else is flat, oil, SM, Bitcoin after a huge day yesterday. PM shares are mixed, call em’ flat at this early hour.
Eco data could move things around – GDP expected to be 3%, ADP payrolls expected at 115K. Both will probably beat like every other phony number this administration puts out there. Lies, damn lies and statistics.
Great speech. Kennedy really is a good guy. So pleased with the group of people Trump has surrounded himself with. Decent, normal people that actually care about the people.
Says we got to take the house or Pelosi will claim Trump is a insurrectionist and can’t be President
We need to take both house and Congress anyways to get this country back in order.