http://www.gold-eagle.com/article/big-moves-developing-strategic-markets%E2%80%A6
silverboom @ 11:47
Nice chart for GTIM.
I don’t think that restaurants will do very well when the shtf. Who knows … that may take a long time.
@Maddog re The dollar is moving like there is something very big going on
Remember way back when Obama on TV pleading to businesses said …”America needs a raise”? Well, a lot of general people are getting a raise with lower energy prices. Also its not the first time we have falling heating oil in the winter time.
Unfortunately, energy business and people are losing out. Everybody gets a turn for feast or famine. Sectors, countries, etc. The Oil glut dropping prices story? I don’t buy it. I see TPTB doing a stronger dollar play causing lower oil.
I also think TPTB lowered the dollar to stimulate European countries and Japan. My question is…How long will they run this trend? The USA imo was the global beneficiary from 2009 until June 2014, 5 years. Will we get a one year hit with 6 months left? Or a 5 year hit? Hit meaning stronger dollar.
And Q-E?? Its meaningless with interest rates going down anyway without Q-E.
Buygold
Agreed re Dollar….The dollar is moving like there is something very big going on…..but what ?????
A great example of how mad it all is
Santander is now Europes largest bank, it is Spanish and therefore chock full of dodgy property loans, to name just one of the thousands of crap “assetts” in its basement. It is the poster child of all that is wrong in the EU…….and then we get this……
All is clearly not well below the surface. Europe’s largest bank (by market value) has admitted in a regulatory filing that it needs to raise capital. As WSJ reports, Banco Santander SA said it would raise up to €7.5 billion ($8.88 billion) in a capital hike, a bid to address long-running concerns among investors and analysts that its financial cushion was weaker than peers. European banking stocks are up over 2% today as Italian banks surge
limit up (BMPS +13%) on speculation that they will be purchased by Santander (who ‘pumpers’ believe are raising this capital to go on a spending spree) and ‘old’ Draghi headlines.
Lunch Break: Market Moves and Interventions ….. The End Game ?
‘Bout all I know ……. is …… if the laundry hamper is at the top of the stairs take it down and if its at the bottom of the stairs take it up ……..
and keeping stacking precious metals
Onward Pilgrims into 2015 !!!
Winedoc
Maddog
You may be right about a smash tomorrow, I’m surprised we’re holding up as well as we are today with the DOW now positive for 2015.
At some point I have to think the Fed is going to need to talk the USD down.
Maddog
I hope so too!
Howdy silverboom
Wish I was hiking in the desert today!
Stockcharts doesn’t seem to recognize GMIT or GMIT.TO or GMIT.V?
Hope I’m wrong
but with tdys news that the Fed is screwed, because it can’t raise rates, due to the lousy economy, so more printing/QE forever is comming ( Duhhh!!!! ), the PM’s shud be flying, which is why the SM is flying.
Ag is down and the shares are no-where, it looks like a big hit is planned soon, probably on tommorows job No’s.
Canadian court hands victory to First Nations in lawsuit against Rio Tinto
Two Quebec Innu communities whose traditional territory covers a large part of the province northeast and Labrador, have achieved a crucial legal victory in their battle for Cdn$900 million ($760 million) in compensation from Rio Tinto-owned Iron Ore Co. of Canada (IOC).
The win came as the Quebec Court of Appeal, which is the province’s highest court, said Wednesday it won’t hear an appeal of a September 2014 Quebec Superior Court judgment that rejected a motion to dismiss the lawsuit.
The Innu First Nations of Uashat Mak Mani-Utenam (Uashaunnuat) and Matimekush-Lac John claim that IOC has violated their rights for nearly 60 years by running a large mining complex and railway on traditional territory in northeastern Quebec and Labrador without prior consent.
Rio was pursuing the suit dismissal by arguing that the provincial government is the one that should be targeted and not the company.
The Innu claim says IOC’s mines and facilities have ruined the environment, displaced members from their territory and prevented them from practicing their traditional way of life. They also said the 578-kilometre railway between Schefferville and Sept-Iles has opened up their territory to “numerous other destructive development projects.”
The allegations have not been proven in court.
Hi Portugeezer
I don’t discount any perfidy on the part of the pharmaceutical-health industry. Maybe if they make a ton of money on it it won’t be buried.
Scientists find antibiotic that kills bugs without resistance
Scientists have discovered a new antibiotic, teixobactin, that can kill serious infections in mice without encountering any detectable resistance, offering a potential new way to get ahead of dangerous evolving superbugs.
Researchers said the antibiotic, which has yet to be trialled in humans, could one day be used to treat drug-resistant infections caused by the superbug MSRA, as well as tuberculosis, which normally requires a combination of drugs that can have adverse side effects.
“The discovery of this novel compound challenges long-held scientific beliefs and holds great promise for treating an array of menacing infections,” said Kim Lewis, a professor at Northeastern University in the United States and co-founder of the NovoBiotic Pharmaceuticals, which has patented teixobactin.
more http://www.reuters.com/article/2015/01/08/us-health-antibiotic-discovery-idUSKBN0KH10S20150108
It’s going to Hell in a hand basket
This high school principle wanted to see why this younger was so out of line. So instead of suspending him he went to see his parents. The use of using 4 letter words was how this family communicated. An environment now that seems now to be the norm.
Good morning Oasis
Centamin plc: 2015 Production Guidance and Q4 Preliminary Production Results
http://finance.yahoo.com/news/centamin-plc-2015-production-guidance-070000783.html
Caledonia Mining Corporation: 2014 Production Update and 2015 Production Outlook
http://finance.yahoo.com/news/caledonia-mining-corporation-2014-production-070000386.html
Teranga Gold Retires Balance of Loan Facility, Increases Cash Balance and Announces Second Highest Quarterly Production
http://finance.yahoo.com/news/teranga-gold-retires-balance-loan-110000136.html
Jaguar Reports Q4 2014 Gold Production and Provides 2015 Guidance
http://finance.yahoo.com/news/jaguar-reports-q4-2014-gold-113000880.html
Samco Gold Provides Further Information on US$244 Million Argentinean Court Award Against Yamana Gold Subsidiary
http://finance.yahoo.com/news/samco-gold-provides-further-information-115112879.html
Claude Resources Inc. Sets New Gold Production Record in 2014 and Provides Guidance for 2015
http://finance.yahoo.com/news/claude-resources-inc-sets-gold-124500099.html
Morning Maddog
Yeah, pretty comical how they can goose all markets pretty much at will.
I have a sneaking suspicion the US market may gap and crap out today. If not, then we are looking at another year like the last couple.
Gold Train
The Rio Grande “Royal Gorge” train, as the railroad advertised
“Through the mountains, not around them!”
http://www.railpictures.net/photo/512943
Scruffy & Wanka
I once met a bloke, 30 some years ago, who worked in education as a senior administrator in the UK, he went to Moscow for his holidays !!!!
He boasted to me, you just watch how the kids turn out in the comming years…..it is absolutely deliberate, the dumming down. What is truly tragic is that the USSR no longer exists, so all the hard left educators are like those lost Jap soldiers, still supporting the Emperor after he had capitulated !!!!!!
Morning Buygold
Buygold…..I came to tdy and saw these prices, especially the SM and when I saw the news, thought this is one for the history books, as it just gets more bizarre by the day……the German mkt is up near 2 %, yet they are supposed to be about to cut the cheque for Grexcit, which will mean the whole of Club Med lineing up for their’s, the next day!!!!!!!
amals @ 22:35. Greetings. It was a comment by Dave Morgan a long time ago that
alerted me to First Majestic. I have simply held on because it seemed to be amongst the silver producers that should survive. Nothing sophisticated or technical about that gut feeling; my confidence has simply been bolstered by occasionally seeing silver bars bearing the First Majestic imprint; our physical holdings include a couple of First Majestic bars. Wishing you a pleasant 2015 in the silver market. Equiz
Equis re: First Majestic
One of my long-timers as well. One of the very few that are positive in my decimated portfolio.




