Buygold @ 9:49
Right On! Fight! Fight! Fight!
D’oh!
India: A single spell of bad weather leaves the world’s largest floating solar power plant in complete ruins
Ipso – Octavio is a man after mine own heart
They dumped us out of the gates, but now it’s time to beat those bitches back. 🙂
Otavio Costa
What a setup for silver miners, in my view.
We’ve seen a significant selloff in these stocks since the elections, which I believe is completely unwarranted given the ongoing secular rise in underlying metal prices.
The $SIL ETF is currently retesting a 13-year resistance line that has now turned into support.
Meanwhile, the resilience of silver prices suggests they may be leading the way.
There is a big catch-up for these stocks ahead, in my opinion.
9 am EST
Dollar and rates shifted higher again.
Canadian dollar getting spanked against the USD on Trump’s tariffs, same with the Mexican peso at 20-1. His opening salvo in the war on illegals.
Maybe it’s the time to travel given the exchange rates, although that doesn’t seem to matter as much as it used to.
eeos
Wouldn’t surprise me at all eeos.
In my trading days, we used to cringe when a Goldman Sachs broker came into our pit and wanted to buy or sell something…..We always suspected that they had some kind of “Insider” information….
Deer
My bro in law used to work for Goldman Sachs. Soee my bro and eagle eye saw a whole skyscraper of kids who sit there on monitors and game it if you ask me. He’s now a bitcoin expert, go figure
We’ve Been Blessed with Another Day
I Hope it’s a Golden Day for All
More war on the poor and everyone who eats food
Taxing Farm Animals’ Farts and Burps? Denmark Gives It a Try.
Taxing Farm Animals’ Farts and Burps? Denmark Gives It a Try.
Mining news is less complete than usual today due to problems at CEO.CA
Silver47 Drills 2.66 Metres of 1,801 g/t Silver Equivalent within 22.3 Metres of 601 g/t Silver Equivalent at its Red Mountain Project, Alaska
https://ceo.ca/@newsfile/silver47-drills-266-metres-of-1801-gt-silver-equivalent
Benton Identifies Deep Electro-Magnetic Anomaly on the Great Burnt Copper Deposit and Continues to Intersect Significant Gold in Drilling at South Pond
https://ceo.ca/@newsfile/benton-identifies-deep-electro-magnetic-anomaly-on
Orogen Royalties Announces Another Strong Quarter in Royalty Revenue
https://ceo.ca/@accesswire/orogen-royalties-announces-another-strong-quarter-in
Enduro Metals Intercepts 10.01 g/t Gold over 12.45m at McLymont Fault
https://ceo.ca/@newsfile/enduro-metals-intercepts-1001-gt-gold-over-1245m
Eagle Plains Reports up to 76.30 g/t Gold at Snowstorm Project and Significantly Increases Land Package
https://ceo.ca/@accesswire/eagle-plains-reports-up-to-7630-gt-gold-at-snowstorm
Inventus Mining Commences 80-Hole Drill Program at Pardo Receives OJEP Funding Support and Grants Stock Options
https://ceo.ca/@globenewswire/inventus-mining-commences-80-hole-drill-program-at
PTX Metals Announces Upsizing of Non-Brokered Private Placement Financing to $3.0 Million
https://ceo.ca/@globenewswire/ptx-metals-announces-upsizing-of-non-brokered-private
TARGA FINDS UP TO 6.7G/T AU IN BOULDERS AT OPINACA GOLD PROJECT
https://ceo.ca/@newswire/targa-finds-up-to-67gt-au-in-boulders-at-opinaca
Seabridge’s KSM Project Substantially Started Determination Challenged by Tsetsaut Skii km Lax Ha
https://ceo.ca/@newsfile/seabridges-ksm-project-substantially-started-determination
Aurania Announces Amended Terms for Private Placement and Debt Settlement; Agreement Complete for Payment of Mineral Properties in Ecuador
https://ceo.ca/@newsfile/aurania-announces-amended-terms-for-private-placement
Sitka Drills 119.0 Metres of 1.05 g/t Gold, Including 37.9 Metres of 2.05 g/t Gold and 11.5 Metres of 4.32 g/t Gold in Initial Diamond Drilling at the Rhosgobel Intrusion at Its Flagship RC Gold Project in Yukon
https://finance.yahoo.com/news/sitka-drills-119-0-metres-133000751.html
Equity Metals Announces Non-Brokered Charity/Premium Flow-through Private Placement
https://finance.yahoo.com/news/equity-metals-announces-non-brokered-143000427.html
Leviathan Gold to Acquire Significant Mineral Exploration Land Package in Bosnia and Herzegovina
https://finance.yahoo.com/news/leviathan-gold-acquire-significant-mineral-151300327.html
Probe Gold Advances Baseline Studies and Permitting Programs at Novador Project, Quebec
https://finance.yahoo.com/news/probe-gold-advances-baseline-studies-113000626.html
Heliostar Announces First Results from 2024 Drilling Program at La Colorada Mine
https://finance.yahoo.com/news/heliostar-announces-first-results-2024-113000417.html
Dakota Gold Reports Further Resource Expansion at Richmond Hill with Step-Out Drilling Results
https://finance.yahoo.com/news/dakota-gold-reports-further-expansion-113000568.html
Eloro Resources Intersects 66.90g Ag/t, 0.63% Zn, 0.42% Pb and 0.11% Sn (111.14g Ag eq/t) over 289.13m in First Hole of Definition Drilling at the Iska Iska Project, Potosi Department, Southwestern Bolivia
https://finance.yahoo.com/news/eloro-resources-intersects-66-90g-120000162.html
Guanajuato Silver Provides Pinguico Project Development Update
https://finance.yahoo.com/news/guanajuato-silver-provides-pinguico-project-122000585.html
Enduro Metals Intercepts 10.01 g/t Gold over 12.45m at McLymont Fault
https://finance.yahoo.com/news/enduro-metals-intercepts-10-01-122500089.html
Newmont to Sell Eleonore Operation in Northern Quebec for $795 Million
https://finance.yahoo.com/news/newmont-sell-eleonore-operation-northern-184436060.html
Golden Cariboo Intercepts Additional Visible Gold in Latest Drill Hole QGQ24-20
https://finance.yahoo.com/news/golden-cariboo-intercepts-additional-visible-080500358.html
No follow thru
Funny, I’m used to saying that after an up day, not after a down one. Usually, we do get downside follow thru, especially after a day like yesterday.
The dollar is down again, although not as much as yesterday and the 10 yr. is up 2.5 bips. Oil recovering 1%.
I hadn’t really paid much attention to the market yesterday while we were getting clubbed, so I missed the big move down in Bitcoin. It was down more than gold % wise. It continues down a bit this am another 1/2%. I think it is important that Bitcoin got hammered with pm’s, are investors placing them in the same asset category now? Gives me some hope that yesterday was not as big of a deal as it looked. Gold basically did a 50% retrace of the move of the last couple weeks, and silver went to retest the recent lows for the third time.
Now we’re seeing a small bounce this am, at least to start the day. I kinda think that’s a good thing, especially if I’m right about this being an orchestrated attack at an opportune time and nothing much more than that. I also didn’t think the shares were hit as hard as maybe they should have been yesterday. It also explains why the shares performed so poorly last week; they knew the slam was coming. That’s my hope anyway, and that we resume the upward momentum.
The dollar might be finally turning, same with bonds. Been a long time coming, but we’ll see.
All JMHO of course.
Gold Train
Climb every mountain
https://railpictures.net/photo/857535/