Loading ...… of recent bounce in the PM sector …
From the bottom in December, the HUI/BTC Ratio traced out a four month – five wave affair … and so far, has put in a two-week correction … matching the weakness in the PM sector up until this week.
If history is a good guide, technically the PM sector still needs to consolidate for approximately another month or so … potentially matching the presence of a head and shoulders pattern in the trade.
Anything can happen … however odds are odds.
Be careful folks
Beautiful.
Correction.
PMI’s and ISM’s were out yesterday. International trade balances today were larger than expected. Hard to understand unless these countries frontloaded deliveries before the tariffs.
SLAM Discovers Mineralized Quartz Veins
https://ceo.ca/@accesswire/slam-discovers-mineralized-quartz-veins
INITIAL DRILL RESULTS AND EXPLORATION UPDATE AT MACHUCA PROJECT, ANTIOQUIA, COLOMBIA
https://ceo.ca/@newswire/initial-drill-results-and-exploration-update-at-machuca
Silver Storm Announces Acquisition of Till Capital
https://ceo.ca/@businesswire/silver-storm-announces-acquisition-of-till-capital
Maritime Provides Update on the Hammerdown Gold Project
https://ceo.ca/@newsfile/maritime-provides-update-on-the-hammerdown-gold-project
Santacruz Silver Announces Second Payment to Glencore of US$7.5 Million Under Acceleration Plan
https://ceo.ca/@newswire/santacruz-silver-announces-second-payment-to-glencore
Inventus Announces Early Warrant Exercise by McEwen Mining and Begins Grade Control Drilling at Pardo
https://ceo.ca/@GlobeNewswire/inventus-announces-early-warrant-exercise-by-mcewen
Abcourt Closes $4.6 M Non-Brokered Private Placement
https://ceo.ca/@GlobeNewswire/abcourt-closes-46-m-non-brokered-private-placement
Skeena Releases 2024 Sustainability Report Entitled “Rebuilding Together”
https://ceo.ca/@accesswire/skeena-releases-2024-sustainability-report-entitled
Harvest Gold and Vior Add 25 New Claims to its Mosseau Gold Project in the Urban Barry Belt in Quebec
https://ceo.ca/@thenewswire/harvest-gold-and-vior-add-25-new-claims-to-its-mosseau
Probe Awards EIS Contract; Advances Permitting for Novador Project
https://ceo.ca/@GlobeNewswire/probe-awards-eis-contract-advances-permitting-for
Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico
https://ceo.ca/@newsfile/riverside-resources-and-questcorp-mining-execute-definitive
AuMEGA Metals Identifies Major Structure at Bunker Hill from RC Drilling
https://ceo.ca/@newsfile/aumega-metals-identifies-major-structure-at-bunker
Questcorp Signs Option Agreement to Acquire 100% Interest in La Union Project, Sonora, Mexico and Completes Technical Report for La Union Project
https://ceo.ca/@newsfile/questcorp-signs-option-agreement-to-acquire-100-interest
Centerra Gold Reports First Quarter 2025 Results; Approved up to $75 Million to Repurchase Shares in 2025; Announces Updated Mineral Resource at Kemess and Advancing Studies on the Project
https://ceo.ca/@GlobeNewswire/centerra-gold-reports-first-quarter-2025-resultsapproved
Centerra Gold Announces Updated Mineral Resources at Kemess; Advancing Studies on the Project
https://ceo.ca/@GlobeNewswire/centerra-gold-announces-updated-mineral-resources-at
Golden Cariboo Resources Announces Two Parallel Private Placements
https://ceo.ca/@thenewswire/golden-cariboo-resources-announces-two-parallel-private
AngloGold Ashanti and Gold Fields Agree to Pause Proposed Ghana JV Discussions
https://ceo.ca/@businesswire/anglogold-ashanti-and-gold-fields-agree-to-pause-proposed
SILVER ONE ANNOUNCES IN-GROUND MINERAL RESOURCE ESTIMATE PREPARED IN ACCORDANCE WITH NI 43-101 ON ITS CANDELARIA PROJECT, NEVADA
https://ceo.ca/@newswire/silver-one-announces-in-ground-mineral-resource-estimate
Discovery Files Final Base Shelf Prospectus
https://ceo.ca/@GlobeNewswire/discovery-files-final-base-shelf-prospectus
IMPACT Silver Announces Full Year 2024 Results With Record Revenue and a Return to Net Profit in Q4
https://ceo.ca/@newsfile/impact-silver-announces-full-year-2024-results-with
Aura Declares Dividend of US$0.40 per share and US$0.1333 per BDR based on Q1 2025 Results, resulting in a Dividend Yield of 11%¹ in the LTM
https://ceo.ca/@GlobeNewswire/aura-declares-dividend-of-us040-per-share-and-us01333
Aura Announces Q1 2025 Financial and Operational Results
https://ceo.ca/@GlobeNewswire/aura-announces-q1-2025-financial-and-operational-results
Aura Announces Confidential Submission Of Draft Registration Statement For Proposed U.S. Public Offering
https://ceo.ca/@GlobeNewswire/aura-announces-confidential-submission-of-draft-registration
McFarlane Lake Announces Listing on the Canadian Securities Exchange (CSE) Effective Thursday, May 8, 2025
https://ceo.ca/@accesswire/mcfarlane-lake-announces-listing-on-the-canadian-securities
First Nordic Provides Corporate Update
https://ceo.ca/@newswire/first-nordic-provides-corporate-update
Sixty North Gold Announces Drill Intersection of Massive Sulphides Returns Anomalous Gold Values
https://ceo.ca/@newsfile/sixty-north-gold-announces-drill-intersection-of-massive
Aurania Closes Private Placement with Total Gross Proceeds Of C$1.72M
https://ceo.ca/@newsfile/aurania-closes-private-placement-with-total-gross-proceeds
Kinross announces ownership of shares of Eminent Gold Corp.
https://ceo.ca/@GlobeNewswire/kinross-announces-ownership-of-shares-of-eminent-gold
Apogee Minerals Announces Acquisition of the May Lake Project Located in Saskatchewan, Canada
https://ceo.ca/@GlobeNewswire/apogee-minerals-announces-acquisition-of-the-may-lake
Sanatana Enters into a Definitive Agreement to Acquire 5,900 Hectare Gold Strike Two Project Establishing Foothold in the Rogue Plutonic Complex Region in Yukon, Canada
https://ceo.ca/@newsfile/sanatana-enters-into-a-definitive-agreement-to-acquire
MKANGO RELEASES YEAR END 2024 FINANCIAL STATEMENTS
https://ceo.ca/content/sedar/MKA-2025-05-05-news-release-english-3a1b.pdf
Romios Gold Resources Inc. Announces Termination of Letter of Intent With Star Gold Resources Corp.
https://ceo.ca/@newsfile/romios-gold-resources-inc-announces-termination-of
Stellar AfricaGold Updates on Tichka Est Gold Project, Morocco and Zuenoula Gold Project, Cote D’ivoire
https://ceo.ca/@thenewswire/stellar-africagold-updates-on-tichka-est-gold-project
High Grade Gold Anomaly Extended at John Bull in Preparation for Drilling
https://ceo.ca/@GlobeNewswire/high-grade-gold-anomaly-extended-at-john-bull-in-preparation
Star Gold Corp. Refocuses Strategy on Longstreet Project
https://ceo.ca/@accesswire/star-gold-corp-refocuses-strategy-on-longstreet-project
Latin Metals Announces Private Placement for Gross Proceeds up to $1.0 Million
https://ceo.ca/@GlobeNewswire/latin-metals-announces-private-placement-for-gross-fbd7c
Dolly Varden Silver Announces Agreement to Quadruple Tenure Area in the Golden Triangle by Acquiring Hecla Mining Company’s Adjacent Kinskuch Property
https://ceo.ca/@newsfile/dolly-varden-silver-announces-agreement-to-quadruple
Greenridge Exploration Announces 2025 Exploration Plans for the Blackbird Project in Northern Saskatchewan
https://ceo.ca/@GlobeNewswire/greenridge-exploration-announces-2025-exploration-plans
Fuerte Metals Intercepts 10.3 g/t AuEq over 2.4 m, 7.0 g/t AuEq over 1.4 m, 5.6 g/t AuEq over 3.6 m and 0.7 g/t AuEq over 95 m at Its Cristina Project, Chihuahua, Mexico
https://ceo.ca/@newsfile/fuerte-metals-intercepts-103-gt-aueq-over-24-m
StrikePoint Drills Broad Zones of Near Surface Oxide Gold at the Hercules Gold Project, Nevada
https://ceo.ca/@newsfile/strikepoint-drills-broad-zones-of-near-surface-oxide
Update on Expanded Small Mine Application and Badogo Permit Transfer
https://ceo.ca/@newsfile/update-on-expanded-small-mine-application-and-badogo
Eminent Closes Private Placement Including $3 Million Strategic Investment by Kinross Gold Corp.
https://ceo.ca/@newsfile/eminent-closes-private-placement-including-3-million
GALIANO GOLD ANNOUNCES DISCOVERY OF NEW HIGH-GRADE ZONE AT ABORE WITH INTERCEPT OF 50m @ 3.2 g/t Au & RESULTS OF INFILL DRILLING PROGRAM
https://ceo.ca/@newswire/galiano-gold-announces-discovery-of-new-high-grade
Yes, and that puts us around what a 90 gsr or so. The SLV chart looks decent to me, assuming we continue up today. Strong day today followed by a Fed pause tomorrow might look good assuming we don’t give it all back tomorrow. First things first, we gotta take care of today and overcome the Crimex selling well no doubt face at different times today.
I’m surprised by the strength in the metals with the SM weak and the dollar near flat.
It seems we’re trying to decouple albeit slowly
Shares firm, Yesterday they sold them at the open. Today?
Now he’s travelling around the States, then he’s off to Peru and Mexico and returning to Oz in time for our ski season – living his best life. Then down to earth again. I doubt he bothered with health insurance ……. ah, youth.
But he has a few ounces of precious!
Re Silver Yr wish is the charts command…take out 33.5/33.75 and yr next target is 39.50….as Inverted H7S will trigger on daily Chart
The overnights are back in play and the oddest thing, silver leading tonight up near 2% and above $33. Gold no slouch up another $40
By pointing out the lopsided gold/silver ratio, one can only hope Goldman stirred some interest in silver. Even a move back to 90-1 with gold cruising higher would help.
Oil back up over 2% tonight but still sporting a $58 handle. Finally seeing some gas prices ease here a little, down to $2.85 from $3.10, but should be more coming.
Dollar down a little, rates up a couple bips. Bitcoin and SM down a smidge.
Fed meeting looms tomorrow. Hopefully we can get our licks in today with a solid rally. Hard to believe gold is already only $20 from $3400.
PMI and ISM services today. Meh.
If you’d talking about Bezo he probably has gold but it’s a wcs thing and doesn’t make money or passive income. Do you know how many companies Amazon bought! A heck of a lot. At the rate he was going he could of probably owned many of the company’s that sold in Amazon if it was worth his while. I’m sure he has some concerns about the tarriffs selling us cheap stuff from China. Meanwhile Canada is working on rare earths. Not just the rare earths but the production of them along with energy companies that process uranium and working with the US and Australia too.
The last thing we all need is dysfunctional and over populated countries spilling over on the rest of us that made the conscious effort not to do that and then they let them in to do just that. They just want serfs not family central they are trying to break up and independent free thinking people. If the people don’t do something if not too late they’re kids and grandkids will have no one to blame but their parents and grandparents.
I hope your son is getting health insurance at a reasonable price as it not free here and after the Obama care scam prices tripled or more for insurance. They’re effectively making slaves out of people because soon as they get their checks they have to give it to all the companies getting rich off them. They can’t even invest. Hopefully he will get the experience and references to move on to a better paying job but check the math, the job out as some are headaches not worth it.
Wasn’t his Dad a gold bug way back? Maybe his investing style still needs to mature a bit … 
ipso, difficult to work out the differences between countries. Exchange rates are a factor, this year my son was working for his company in Dallas for three months on an exchange, but paid in AUD still. The company paid for his accomodation and a car, but he reckons he just broke even. Property, we took over a million migrants in the last couple of years. Nobody voted for it, nobody really knew. Most would have to have been fairly wealthy to get in, but that just puts property under huge pressure, adding 4% to the population with no plans for more houses. Prices have doubled in five years, helped by very low rates and covid stimulus, and yes, it’s very difficult for young’uns now. Food prices are still ridiculous. Hopefully the tariffs will push more home grown beef into our market – not that you don’t need it with your herd at a 70 year low!
But we ain’t seen nuthin’ yet. Our prosperity is joined at the hip with China’s, and with that economy in collapse when it filters (cascades?) through to us then we will see real problems, property prices collapsing and mortgages under water. Then goldie’s banks will be reaping their rewards. Like Solomon said, even the evildoers prosper, and this is a puzzle.
Because it also mining copper with gold at the for front.
I feel sorry for the coming generations. The country is so much in debt, and the people too so that the future is going to be much less prosperous than now. We’re already sliding that way. Even though the top earning people are doing well the poor class is growing. I don’t know how it is in Australia but here in the US I have never seen this huge homeless problem before. More and more people can’t afford to put a roof over their heads. I know that there are various causes of this but one of the biggest is just that housing is so expensive … with different reasons for that as well.
Right and the banks don’t pay savers any real interest in money they put in their banks they then make money on by lending out to others then have the audacity to charge some a service fee or ask you why you want you money. If they want interest they would be better off buying shares of the bank or credit card companies or other investments other than keeping it there.
BTW besides Warren Buffett who went to cash by billions Jeff Bezos is planning on selling billions worth of his Amazon stock by the end of May 2026. I wonder where he’s going to park it.
They love it! They love being slaves to the credit card and car loan bankers. They want to pay heaps of interest for stuff they want, but don’t need. It’s all voluntary.
Back in the sixties HP (hire purchase) finance in the UK was known as “the never-never”, as in, never, never use it, because you become a debt slave. Even though it required a third down to buy restricted items: only things like furniture were allowed. Then came the credit cards – again, initially with restrictions, supermarkets couldn’t offer payment by them. But now, well, you know what it’s like now. Holidays, gifts (why are you paying interest at 25%+ to give someone something you can’t afford?) hell, even illegal stuff like drugs and sex are payable on cards, and legal evils, like smokes, gambling and donations to political parties.
Debt is inflationary – it’s just money printing. There is no such thing as good debt, that’s just a phrase used by the marketers to suck people in. Abolish debt.
You summed that up. They are greed motivated predators who need consumers making them rich, not investors or savers to exist. Something schools should teach children.
Looks like a good place for the shares to turn higher! They wouldn’t disappoint me … right? 
There’s not much reason to love the bankers these days. Has there ever been? They gobble up all the single family homes and then everyone can rent their house, and lease their car and become indebted to credit cards. Under these circumstances people are little better than slaves.
Who would have thought?
Even silver is holding some gains that seemed unlikely earlier.
The 2% rule for gold has been shredded lately.
You know what else they’re doing they did back then to buy back then when people walked who could pay it walked because they couldn’t sell wanting to move especially over death, injuries or different jobs since there’s were gone. This time they’re coming on like they’re doing home owners a favor by buying their house but for 30% less than the value so they can flip it.
Dollar sure did a job on oil and food back then but it also did a job on housing via banking wanting to give loans on non fixed variable interest to make the most money they could off people with predatory lending and mortgage back securities which caused people getting what they thought was a temporary loan to sell and others while banks wanting to make as much money off them they could of steal their assets, then entrapping temp loans, sellers home improvement, renters and flippers with no thought what the result would be when they sold to first time buyers on mortgages they couldn’t afford , raised their mortgage, refused to others on variable interest refused to refi on ac fixed rate, and couldn’t sell causing a crash and a heck if you do bring the dollar up or heck of you don’t. People may have saved gold or silver could of suddenly had their worst case scenario and needed to sell it not buy it.
This time we had greedy predatory buying by wall street and mortgage backed securities from the Fed to make as much money off people by renting this time and the RBB startups at unstable and unaffordable prices again to get more money than people could afford off them. Now we still have a bunch of homeless out there refusing to pay that amount, not just drug addicted out there too they don’t try to give them help and a pathway out just enable them to kill themselves and cause collateral damage as the drugs spread into the community’s. Those who may want to move with current interest rates doubling or more the costs won’t sell.
Looking back at that past the question will be unless war and institutions as the prices moving higher will it continue at the fast pace or slow in pace plus the competition of crypto where they can use small amounts of money to accumulate. Perhaps unless more institutional buying it could move more slowly at times. But what it does tell you is people buy for worst case scenarios not necessarily when they’re in one and need it. I don’t know what that would look like in the global level other than demand for solid money over depreciating fiat.
I see, I do remember now. You’d definitely think the metals would be much higher, ergo the shares too. 
Yes I remember and other than crazies in Europe wanting to cause it with nukes does it have to be fire itself or something like volcanos destroying land and shutting out the sun. My question back then was ” next time.” Of course then I was pretty young and a bit blind from the world until, so there’s no hope for us in this life, it’s just rince and repeat.
I haven’t watched much on Greg’s podcast lately to searching through I found this one with a Doctor Betsy on not only vaxx injury but going into the detail in physiology of how treatments with Ivermectin and others kill the cancer cells. That’s good information for everyone to have.
I’m not throwing things out to go here or there but FYI for everyone. Although if you do have multiple myeloma I hope your Doctor knows about the CAR T cell treatment that can bring on long remissions. I found somewhere along the line 20 yrs and counting. Wanka got that surprise. That would be a priority but wouldn’t hurt to follow any information Betsy and the Flccc on cancer that big pharma doesn’t want us to know.
Everyone Needs Treatment for CV19 Bioweapon Vax – Dr. Betsy Eads
Looks like the DXY did get down to around 70 in the 08-09 time period.
I think the PM shares would be flying in that case!
Is it my imagination or did the DXY get down in the 70’s back in our heyday of the early 2000’s?
Hard to see it going back there because all fiat is garbage, but once upon a time.
Goldman has it as historically being 45-80. Pretty clear even 80 has been broken for a while now.
Is Goldman calling a top on the ratio? Be nice if silver was in play again. So boring watching it do nothing.
