“Windfall Taxes! Nationalise the mines for National Security! etc etc etc”
That’s the really scary stuff! When govs get pushed into a corner …
Hopefully try to stay nimble enough to diversify before things get real crazy.
“Windfall Taxes! Nationalise the mines for National Security! etc etc etc”
That’s the really scary stuff! When govs get pushed into a corner …
Hopefully try to stay nimble enough to diversify before things get real crazy.
Everything about her reeks of Sincerity, Honesty, and Integrity! She is truly a SILVER AND GOLD LADY! Too bad in order for us to invest in what should be honest Silver and Gold Explorers, Developers and producers, we have to instead play in the paper Derivatives Casino which is totally manipulated and controlled by the “house deep pocket shorts” who may never have to cover their short positions, and may just disappear “into the night” with our worthless Derivatives paper, leaving investors holding an empty bag of steaming hot smelly brown-stained worthless paper. That is why I opted to invest in Silver and Gold PHYZ OUNCES, in hand….FWIW! SNG
https://www.youtube.com/watch?v=8l9LrMztPSE
(Particularly the last 20 minutes on gold and Alan Greenspa
Eric Yeung 👍🚀🌕
@KingKong9888
Let’s get something straight
1) Most regular peeps don’t own a significant amount of physical Gold bullion compared to sovereigns and CBs
2) PMs price suppression is a game between countries – they don’t care about the tiny number of small peeps who own physical Gold.
1/3
3:12 AM · Mar 1, 2022
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Eric Yeung 👍🚀🌕
@KingKong9888
·
Mar 1, 2022
3) Gold price revaluation will screw over most people in the world except for a few physical Gold owners because it is a act by CBs and sovereigns “capturing productivity” from common folks to write off their debts and finance government.
Eric Yeung 👍🚀🌕
@KingKong9888
·
Mar 1, 2022
4) Most small investor peeps are invested in miners which are physical Gold proxies.
5) When physical Gold becomes difficult to get or unavailable and GLD gets exposed as BS,miners will fly because they are only gateway for the mass public to be exposed to physical Gold’s upside
for that nugget of information. As I’ve said before, most of my shares in CTGO were transferred over in the Dolly Varden takeover.
Why in the world would anyone buy shares of this company now? Further dilution looks like a “lock”, and who knows after that…….
Amendment to the Credit Facility:
On July 1, 2026, the Company amended its Credit Agreement pursuant to which the delivery of a total of 15,000 ounces of hedge contracts maturing in March and June 2027 were eliminated in exchange for (i) an increase of $33,732,426 on the Company’s secured credit facility and (ii) the purchase of 15,000 put option contracts with a strike price of $3,100 per ounce and maturities in March and June 2027. As a result of the amendment, the aggregate principal amount outstanding under the secured credit facility increased to $46.3 million.
Remaining principal repayments of the secured credit facility are as follows:
December 31, 2026: $1.0 million;
March 31, 2027: $15.5 million; and
June 30, 2027: $28.8 million.
So while they may have $55m in cash, $46m is already spoken for – i.e net cash is $9m at 30th September.
FOX News reporting FAA has grounded all flights, communications down due to cyber attack. Attackers unknown.
This is according to what my wife heard on her way home.
🤔😂🤣
Israel has too much control over our foreign policy, I’d agree with that all day long. Too much campaign money and lobbying to our legislators.
“My guess is the US goes in again, this weekend.”
A new attack could certainly be in the cards and with it perhaps more metals weakness. The US gov is sure no fan of gold. Gold and the dollar … it’s like a fight to the death!
Looked so promising just a week ago, but I guess this sector is that way, all gains are eventually erased. Been that way as long as I can remember.
The dollar will continue up as rates continue to rise, there’s not an alternative to challenge it. Even Bitcoin was down 4% today.
What a crazy world. There are a few predictions out there for a major event this weekend. Maybe there’s something to Trump staying at the White House.
Crummy way to start the weekend though with no end in sight.
I guess TA “break-outs” are valid for everything EXCEPT for Gold……
Been doing some research on Commodity Trading Advisors firms……gives credence to the extreme levels of volatility in financial derivatives……
An E wave interpretation on the Monthly chart….dollar is liable to be strong for quite some time in B wave rally
The daily shows a clear bull flag break out with a tgt of @ 105.6
Re part, “It comes as Israel’s Mossad chief is in Washington right now, meeting senior Trump administration officials to resume the war with Iran.”
That statement sounds like we are living in the United States of Israel. I think they should get the UK of Europe to do what they want. We have done more than enough for them over decades. They don’t care about us, other than what they can get out of us.
re the Ape and why no short covering……Welcome to Fed control….I was watching this AM and when ever Gold sniffed 3900 or 50 .. AG it looked no limit selling was out there…it was just like the bad old days, when someone capped prices no matter the Vol needed…but also they too never seemed to cover ….
With that Trump news about staying in the White house this weekend , it looks v much as if the Fed is capping any move into Gold or Oil and keeping the SM bid…..we are back to the old days…….
My guess is the US goes in again, this weekend.
The Hormuz Letter
@HormuzLetter
·
1h
BREAKING: Trump will remain at the White House this weekend with no public events and every item on his schedule marked closed press.
The last fully closed-press weekend was more than 4 months ago, from July 10 to 12.
It comes as Israel’s Mossad chief is in Washington right now, meeting senior Trump administration officials to resume the war with Iran.
Just when Americans thought Congress might have learned its lesson about immigration amnesty, a bipartisan group of lawmakers is pushing legislation that would allow certain illegal immigrants already working on American farms to obtain temporary legal status.
Far be it from me to know what to do with that stock. They did a 10-1 reverse split and have proceeded to lose 66% of their value. Now they’re going to reissue shares to raise capital? Their only hope right now is much higher metal prices and hope they get caught up in momentum, otherwise the scum is going to take it down to $3 for another reverse split. The problem is that they hardly went up during the last metal surge.
Don’t mean to rail on a holding of yours, but I flipped into another name. I’ve seen this too many times in the last 25 years.
I’m certainly not going to dump the few shares of CTGO that I do own, but my gosh………they’re down to some $55 million of cash on hand, have been building out their infrastructure ahead of schedule, but will have to do a further dilution if they continue on this pace.
The boots on our necks won’t let up…..Maddog, what does the DXY chart look like? An ascending, expanding upward channel that is near the top of the channel?
Mark is Mark from IKN. Lots of good stuff over the years. Not afraid to piss people off. 🙂
Why is today unfolding as is? Take your pick! I was more hopeful earlier although it does appear our downturn has slowed.
I have some CTGO. Pretty disappointing although most of their projects are development stage so I don’t know how much you can expect at this time.
It looks like they may be going to the well again …
https://x.com/NewWealthMiner/status/2121215550391275710
PS Getcher personal killer robot dog! 🙂
WarMonitor🇺🇦🇬🇧
@WarMonitor3
·
5h
Incredible details have emerged of Russias proposals to end the war in Ukraine in Abu Dhabi according to Bild which includes many demands beyond Ukraine:
-Russia wanted Finland to leave NATO and have no NATO bases in the Baltics.
-Russia wants a full restricting of Moldova into three separate republics Moldova, Tranistria and Gagauzia.
-Kremlin demanded 0 European troops in Ukraine, that Russia would maintain occupied territories and be given control of the whole Donbas.
-Russian ships would have free movement in the Black Sea and the Baltic and there would be a full demilitarisation of Ukrainian ports.
-Territories of Transnistria and Gagauzia would be given independence referendum if Moldova joined the EU.
In return Russia would:
-Withdraw troops from Transnistria and demilitarise that region
-Withdraw nuclear weapons from Belarus