That’s hilarious and a good commentary too. Honesty anyone?

There’s all kinds of products which say “blueberry this and blueberry that” that contain no blueberries.

Below is a 5 Day chart of Gold Corp (GG).

Price spike with high volume at END of each day.

Sharp drop at OPEN each day.

Seems like something is up.   Accumulation?… or Distribution?

Any opinions?

Can’t wait to see what happens when the Shanghai opens.

We should just write em a big check when they cross the river. it’s only taxpayer money. We ARE doomed. Sheesh

No doubt of that. They’re still feeling that knot on their head!

TORONTO (miningweekly.com) – The world’s largest primary silver producer, London-listed Fresnillo, has agreed to buy Newmont Mining’s 44% stake in its Mexican joint venture for $450-million in cash.

The deal would secure Fresnillo a foothold in Mexico’s gold industry, giving it control over the Herradura, Noche Buena and Soledad Dipolos mines, the Mega Centauro and Centauro Deep advanced exploration projects and several key exploration prospects in the Herradura Corridor.

Fresnillo CEO Octavio Alvidrez said the move would lift the company’s 2018 gold output target by 50% to 750 000 oz. The deal would also add two-million ounces to its total gold reserves and 5.1-million ounces to its resource base.

“At a time when many industry peers are rationalising their portfolios, this transaction illustrates the ability of a conservatively managed business like Fresnillo to take advantage of long-term value opportunities by investing through the commodity price cycle. In line with our disciplined growth strategy, the acquisition is earning accretive and provides Fresnillo with significant exploration and development potential in a region where we are experienced operators,” Alvidrez said.

Subject to shareholder approval, the deal was expected to close in October

more http://www.miningweekly.com/article/newmont-sells-out-of-its-44-stake-in-penmont-jv-with-fresnillo-2014-09-12

Author: Andre Janse van Vuuren (Bloomberg)
Posted: Monday , 15 Sep 2014

Johannesburg (Bloomberg) –

AngloGold Ashanti Ltd. (ANG) scrapped plans to raise $2.1 billion through the sale of shares and split the company after investors opposed the strategy announced by South Africa’s largest gold miner only last week.

“A number of shareholders have expressed concerns about some aspects of the proposed transactions, in particular the quantum of the equity capital raising,” the Johannesburg-based company said in a statement today. AngloGold will continue to look at options to cut debt and simplify its portfolio, it said.

Billionaire investor John Paulson, whose hedge fund holds 6.6 percent of the company, objected to the share sale, saying it was “value destructive.” He had been in favor of a split between the South African and foreign operations of the group. The South African Reserve Bank only consented to the plan after AngloGold, which was to retain the assets it owned in the country, agreed to raise enough money to become debt-free, people with knowledge of the matter said last week.

The stock jumped 7 percent to 156.29 rand by 2:38 p.m. in Johannesburg, clawing back losses of 14 percent on Sept. 10 when the announcement was made.

more http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=253176&sn=Detail

http://stockcharts.com/h-sc/ui?s=AKG&p=D&b=5&g=0&id=p72498321338

Record Highs? 47% Of Nasdaq Stocks In Bear Market, Down 24% On Average

Submitted by Tyler Durden on 09/15/2014 09:05 -0400

With the S&P 500 hitting fresh record highs day after day (apart from last week), everything must be great, right? Wrong! As we have noted previously, the leadership in this market is becoming more and more narrowly focused as stunningly 47% of Nasdaq Composite stocks are down at least 20% from their highs with the average stock in the index in a bear market (down 24%). The same is true for the Russell 2000, with over 40% of stocks in bear market and an average drop from recent highs of 22%. By contrast only 31 names in the S&P 500 have seen drops of 20% or more this year. It appears, just as there has been an up-in-quality rotation in credit markets, so stock investors appear to have rotated into momentum winners, chasing returns in an ever-more narrow group of extreme beta stocks.

http://www.zerohedge.com/news/2014-09-15/record-highs-47-nasdaq-stocks-bear-market-down-24-average

Extent of Antarctic sea ice reaches record levels, scientists say

http://www.abc.net.au/news/2014-09-14/record-coverage-of-antarctic-sea-ice/5742668

Teranga Gold Confirms 2014 Production Guidance and Announces Positive Results on Key Growth Initiatives

http://finance.yahoo.com/news/teranga-gold-confirms-2014-production-100000844.html

Golden Star’s PEA of Wassa Mine Indicates NPV of $350 M

http://finance.yahoo.com/news/golden-stars-pea-wassa-mine-110000004.html

Harmony Gold Mining Company CEO Announces Giant King Grass Bioenergy Project in South Africa with Harmony’s Fourth-Quarter Results

http://finance.yahoo.com/news/harmony-gold-mining-company-ceo-110000022.html

Midway Advances Construction and Mining Begins at Pan Gold Project, Nevada

http://finance.yahoo.com/news/midway-advances-construction-mining-begins-120000904.html

that family owns us.

more food for thought about the future of our country

Did gold really go up 3.10?

kitco is on a roll

yes some TA guys are very good  .. but can they transfer that knowledge to others? .. on trading

so why do they show the hand .. like a football team throwing the playbook to the other side and then pointing out the next play from scrimmage .

and then the trades are short term .. taxes take 35% of the trade to the government .. so the trader love to share with the government who are there with no risk ..so three trades make coin the 4th loses .. lol

TA rocks lol

this we will never know  as the traders are mum on actual results .. over the course of a trading life time

Did gold really go up 2.30?

Agree, not many T/A guru’s will admit to pm manipulation. There is a local Oasis member who is quite successful with his T/A and is well aware of the manipulation. However, he is the only one I know who will admit it.

After all, if they’re a T/A  guru and they admit to manipulation, what does it say about the credibility of their T/A?

Did gold really go up 0.20?

gold peeks green

buy  gold .. the TA gurus deny that their is any market rigging ..

and that the charts are an honest to goodness real peek into the free and orderly trading of the market .

even though report after report spell out the big banks market rigging all over the planet.. except for their own little world of sector stocks .. these sector stocks flash up on their trading machines bought on the market to give them a trading edge over the riff raff .. . they do not recognise they are in second position as all their  trades are subject to front running by those who have split second views of all trades ..

snip:

As money, it is on the other side of all asset prices. In other words stocks, bonds and property prices can be expected to rise measured in gold when the gold price falls and vice-versa. This relationship is often muddled by other factors, the most obvious one being changing levels of confidence in paper currencies against which gold is normally priced. However, with bond yields today at record lows and equities at record highs this relationship is apparent today.

Another way to describe this relationship is in terms of risk. Banks which dominate asset markets become complacent about risk because they are greedy for profit. This leads to banks competing with one another until they end up ignoring risk entirely. It happened very obviously with the American banking crisis six years ago until house prices suddenly collapsed, threatening to take the whole financial system down. In common with all financial bubbles everyone ignored risk. History provides many other examples.

Therefore, gold is unlike other assets because a rising gold price reflects an increasing perception of general financial risk, ensuring downward pressure on other financial asset prices. So while the big banks are making easy money ignoring risks in equity and bond markets, they will not want their party spoiled by warning signs from a rising gold price.

http://www.zerohedge.com/news/2014-09-14/why-rigging-gold-market-matters

and yet, despite all the T/A, gold and silver open down yet again on a Sunday night, just as they have for the last three years. I’d just like to hear from one of the guru’s betting on pm’s down, how much they’ve been helped by continuous pressure from the Fed, the gov’t and the banksters.

Unbelievable.

You might be right. Those country songs are full of heart broken frogs singing about some princess leaving them at the pond but notice they never say why.