I know what you mean. They not only take it back but can hold you hostage for years leaving you in limbo while your missing out on steady gains and other opportunities in other sectors. Then not even mention the ones that just stopped trading. But if you see stagflation or or other signs gold will shine might not hurt to get back in. Unlike other sectors just don’t stay in or they’ll just take it back.
Buygold
Remind me of this conversation in 6 months!
Cheers
Jimmy Carter still on the news
With demos virtu signaling talking about Housing.
That’s funny we got a lot of people sleeping in tents in the mountains of Carolina I don’t see it working for while they sit on their hands and talk about how caring and humaine they are.
Ipso
What’s eventually brother? We’re looking at a 45 year old chart. Is that another 15 years? It benefits no one for the price of silver to be higher, except those that mine it and those that hold it. 1/10th of 1% of people or even less maybe when you include consumers.
It seems there’s a very good reason why silver hangs around the price it costs to mine it. It benefits the most people. As long as the miners continue to sell for the paper price, that’s what it’s worth.
If you can tell me how that changes, then maybe we can discover future prices.
Yeah Goldie and that’s the difference
Bitcoin has more than doubled this year, so it’s 10% off its highs, no big deal.
No comparison between the two. PM’s go up 25% and they then need to give back half their gains. Not to mention that 25-30% gain goes all the way back to 2011. That is pathetic.
Can’t even discuss the pm shares they have been so horrific.
I hate to say it, but Fullgoldcrown, Rambus, silverboom, all those folks that broke away from pm’s and do other investments, were smart to do that. A lot smarter than I am.
I owe them an apology.
PM’s have been a bad joke. Physical or otherwise.
Buygold
FWIW I think all those silver bulls will be right eventually it’s just that their timing sucks. I think 2025 will be a better year for the silver market than 2024 but what the hell do I know!
Cheers
Ipso, Maddog
Ipso – true about nat gas vs. silver. Silver is completely owned by the criminal cartel of banksters. It goes nowhere without their approval. This idea that something is breaking in the silver markets or on Crimex is such nonsense and has been for over the 20 years that I’ve heard it time and time again.
Anyone who says that stuff is a clown. The MacLeod’s, Holter’s, all of them. Then there’s the “standing for delivery” analysts that always claim the Crimex will soon run out of metal. They never do. Yet these guys show up year after year dragging the same nonsense out to give hope. Ridiculousness.
Sad to say it, but it’s been clear for a long time that pm’s aren’t going to save anyone. We’ll get through another correction, they’ll paper over the problems, we’ll get a lift for a few months, and then we’ll just die for another 10 years while everything else goes up. Hard truth.
One good thing for Trump, those higher energy prices are going to light a fire under the drillers here in the US, and if we dominate the energy markets, despite our debt, it should help keep the country strong.
For now though, go nat gas!
Buygold
Dollar up, even Bitcoin being sold but had a good run up.
Maddog
I guess knowing what we know there’s a much greater chance of the formation working out in NG rather than silver …
Someday …
They turned NVDA quickly
I thought that might be a queue for the rest of the Nasdaq, but not the case so far.
Tech seems so overbought, have to wonder just how far it can fall if this is the beginning of the great correction. This bull has run for what 15 years?
ipsofacto
Here we have a baby Saucer bottom/Cup and Handle in Nat Gas…….the mkt shud explode up from the break out, as this is doing plus 20 % already today.
Silver shud do the same when we get break out.
D’oh!
Gold stolen by armed robbers from the Cerrado Gold $CERT.v Don Nicolas mine in Argentina this weekend. Security guards overpowered, tied up, no injuries reported to personnel. Company still trying to work out how much gold was stolen, currently a “significant amount”.
Some bastards need to go down the road
“Denmark has just become the first Country to force Farmers to pay a flatulence tax – or a tax on cows farting”
Denmark’s cows have no measurable impact on anything. China’s coal power plants produce more CO2 than Europe and the USA combined.
SM futures eroding quickly
10 yr down to 4.56%. Makes some sense. Is the market taking Yellen seriously? Hard to see the Fed doing anything to help the Trump administration since the Globalists have lit fire to everything on their way out the door, but the only way out is QE.
Unfortunately, as always, pm’s and shares are no safe haven. Nothing appears to have broken in the silver market, same as it always was.
Dollar exploding higher now. Buy dollars, sell everything.
“I respectfully urge Congress to act to protect the full faith and credit of the United States,”
Revival Gold 2024 Year in Review
https://ceo.ca/@GlobeNewswire/revival-gold-2024-year-in-review
Canterra Minerals Provides End-of-Year Update on its Newfoundland Critical Minerals Projects
https://ceo.ca/@newsfile/canterra-minerals-provides-end-of-year-update-on-its
Aya Gold & Silver Declares Commercial Production at New Zgounder Silver Mine Processing Plant
https://ceo.ca/@GlobeNewswire/aya-gold-silver-declares-commercial-production-at
Belo Sun Mining Announces La Mancha as New Cornerstone Shareholder
https://ceo.ca/@GlobeNewswire/belo-sun-mining-announces-la-mancha-as-new-cornerstone
O2Gold Provides Update On Quebec Aur Transaction
https://ceo.ca/@GlobeNewswire/o2gold-provides-update-on-quebec-aur-transaction-fd4a7
Jaguar Mining Provides Update on Progress Since the Previously Announced Incident at the Satinoco Tailings Pile
https://ceo.ca/@accesswire/jaguar-mining-provides-update-on-progress-since-the
NEVADA KING REVIEWS 2024 HIGHLIGHTS AND DETAILS DRILL PLAN FOR 2025 TO FOLLOW UP ON RECENT DISCOVERIES AND TEST NEW TARGETS AT ATLANTA
https://ceo.ca/@newswire/nevada-king-reviews-2024-highlights-and-details-drill
China Gold International Resources Provides 2024 Preliminary Full Year Production Results & An Outline of the Long-Term Development Plan for the Jiama Mine
https://ceo.ca/@thenewswire/china-gold-international-resources-provides-2024-preliminary
Fairchild Gold Announces Corporate Updates
https://ceo.ca/@newsfile/fairchild-gold-announces-corporate-updates
Amex Announces Filing of PEA Technical Report for the Perron Gold Project
https://ceo.ca/@newsfile/amex-announces-filing-of-pea-technical-report-for-the
Troy Minerals Announces Completion of $1.2 Million Private Placement
https://ceo.ca/@thenewswire/troy-minerals-announces-completion-of-12-million
NV Gold Announces Renewal of the Exploration Permit at its 100% Owned Surselva Gold Project in Switzerland and the Resignation of Howard Golden from the Board of Directors
https://ceo.ca/@accesswire/nv-gold-announces-renewal-of-the-exploration-permit
Besra Gold Announces Legal Proceedings – Notice of Discontinuance
https://ceo.ca/@newsfile/besra-gold-announces-legal-proceedings-notice-of
Globex Options Magusi Copper-Zinc-Silver-Gold Project
https://ceo.ca/@GlobeNewswire/globex-options-magusi-copper-zinc-silver-gold-project
Montage Gold Announces Close and Drawdown of US$75M Fully Redeemable Subordinated Gold Stream with Zijin
https://ceo.ca/@GlobeNewswire/montage-gold-announces-close-and-drawdown-of-us75m
BWR Exploration Inc. Announces Letter of Intent Signed for Business Combination With Electro Metals and Mining Inc. and Private Placement Bridge Financing
https://ceo.ca/@GlobeNewswire/bwr-exploration-inc-announces-letter-of-intent-signed
Cordoba Minerals Arranges US$10 Million Bridge Financing with JCHX
https://ceo.ca/@newsfile/cordoba-minerals-arranges-us10-million-bridge-financing
Continued weakness
Looks like there’s still some SM sellers out there this am, nothing crazy just heading towards a mildly weaker opening for now.
Bonds actually rallying a bit and the 10 yr down a couple bips back to 4.6% Dollar slightly lower.
Bitcoin is flat after losing $2K over the weekend. Ether doing better up over 1.5%.
Gold down $10, silver flat. Oil flat. The crowd in the Hamptons is probably gearing up for New Year’s celebrations, could still be drunk from the Christmas festivities.
Chicago PMI’s are out after the open, though it doesn’t have the sway it used to have on markets.
Seems like we drift lower into next week.
Bird Flu kills big cats at wildlife sanctuary.
Just great, how did that happen. I bet the biolabs are just salivating thinking about all the money their gonna get.
https://www.npr.org/2024/12/26/nx-s1-5239841/bird-flu-kills-20-cats-washington-sanctuary
Gold Train
Overnight sleeper in the Mauritania desert
https://www.railpictures.net/photo/873375/
Jimmie Carter death at 100 on Fox all day.
For someone they used as the worst economically until Biden but no one could say Jimmy wasn’t likable they’re talking about all the good he’s done even after he left office helping curing a tropical disease and Habitat for Humanity. I think it’s time now though we bring most of that home.