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I think they’re ramping up to get bigger. $2k AISC sounds kind of high to me … I guess I’m still adjusting from when a good number was more like $1200 or so. 🙂
The market sure gives and then takes away don’t it! Sigh
Those EQX earnings and their AISC just above $2K looked pretty decent. The PE is a little stretched but hopefully they grow into it. They’re not getting hit as bad as some of the others this morning. Good sign.
Could be. The estimates were odd to me considering they came in last month at .06. Why they’d drop them to.03 this month is beyond me. We are seeing oil down in the $84 range so that should help next month, although it seems diesel is probably more important.
Regardless, it does look like we’re back in the rate hike game again.
Let’s see how the shares react. I’m not sure we’re headed back to the bottom. I think 650 HUI was it, unless we get a surge of tax-loss selling which I suppose is possible.
Casey Donaldson
@caseyjdonaldson
The US’s biggest export is gold, and most of it is going to China.
China is basically telling the world:
Trade with us in yuan.
Don’t trust the yuan? Convert your surplus into gold.
Store it locally. We’re building vaults abroad, outside
Western financial centers.
You don’t have to trust China.
You don’t have to trust the yuan.
You just have to trust gold.
Trust between nations is collapsing, and China is using gold’s 5,000-year monetary history to expand the yuan’s role.
It’s the dollar’s weaponization playbook in reverse.
Looks like they’ve sent out an attack party in advance of the numbers. Looks overdone already, but I guess it could get worse. It can always get worse.
I suppose it had to happen as GDX took out the 20, 50, and 200 day moving avgs. over the last three days. Breakouts are strictly prohibited.
Oil down to an $85 handle. Dollar up a smidge. 10 yr. up 2 bips, SM mixed.
That may very well be true.
It’s really hard to know what to believe as there is much disinformation, and real information, being thrown froom all sides. Many different sides. Rumors, threats, everything, and constantly changing.
Seems like even more than usual.
Do you agree?
Very unique times we are living in.
Yeah, I’m glad I was born here too, especially at the time I was born. Much different place back then.
This article gave a lot of good insight as to what’s become of our higher offices.
Ex-MAHA Insider Tells Rogan What Trump Didn’t Know About His Own White House
Former senior White House advisor Calley Means says he had full White House approval for a federal look at how much sugar American children eat – until Trump’s former Chief-of-Staff Susie Wiles killed it.
The Hormuz Letter
@HormuzLetter
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1h
BREAKING: Iran directly rejects Trump’s new claim of positive momentum toward ending the war and now demands a total US surrender.
“Stop manufacturing fake news about imaginary talks. Stop denying the new order in West Asia,” SNSC Secretary Rezaei says.
“It is time to surrender to the seven conditions that Iran has repeatedly set out.”
“The war has already wrecked the US government. But Washington is flailing like a desperate gambler.”
If you had said that prior to 9/11/2001, I’d be dropping the gloves. Sadly, I’m afraid you are right. Any country that murders its own citizens to advance an agenda qualifies as Satanic. Not to mention it’s babies. I’ve always found it pretty hypocritical for us to be overly concerned with someone using a nuke when we are the only country to use one.
Billy Graham once said, “If God doesn’t pour His wrath upon the United States, He owes Sodom and Gomorrah an apology.”
Saudi-owned news outlet Al Arabiya reported late Monday afternoon that a Qatari-Pakistani proposal has revived hopes for negotiations between the US and Iran negotiators, with a preliminary deal to curb Iranian uranium enrichment appearing likely.
Al Arabiya outlines the US-Iran path toward a preliminary enrichment deal:
Arrangements are underway to discuss the return of IAEA inspectors to Iran, without specifying the scope of their mission.
Washington has allowed uranium enrichment inside Iran at a level of 3.67%, and Tehran has agreed.
Discussions are underway regarding the involvement of a third country to facilitate the reduction of highly enriched uranium levels in Iran.
A preliminary agreement on reducing Iranian uranium enrichment is likely.
The reported uranium enrichment deal would let Iran retain a limited civilian nuclear program while curbing its ability to produce material usable in nuclear weapons.