Loading ...Wish I was there. That’s my kinda country….and maybe prospecting for Silverngold
Scruffy @ 14:32….Ur right!! All good points…
We’re DOOMED!! :o(
Janet Yellen’s Message to Senior Citizen Savers
via Tyler Durden
silverboom
Great to see you posting again! I’m the only defeatist left. 🙂
Would that soon pm stock turnaround be in our lifetimes?
Same old today, they sold them into the close. It just never ends.
One day, the river flowing out of gold stocks will reverse
and soon.
Until then, enjoy the scenery!
Thank you, Ipso and Wanka for the photo comments.
Wanka, we *might* be down your way next winter. We shall see. If gold/silver resume, we will be there for sure. If not…who knows??
NSA Blowback
if a similar thing happened to a PM company the stock would drop by 75%
WANKA @ 10:01 Interactive Brokers
I had no idea that was their state of domicile. State of the massive Sandy Hook fraud where almost all from the top down were involved in that deception, and all orchestrated by your LIAR….oops, I mean Leader at the top of the chicken shit pile, and all for the excuse to confiscate America’s weapons. Better have…….Silverngold
Someday the gold bull
will get his revenge on the manipulators.
WANKA
Did you remember my correct address?
ipso @ The Cardoard Box behind Apu’s Quickie Mart 
and here they come
Whew, thought I might me wrong for a minute.
Nasdaq positive, DOW coming back, pm’s drifting lower as usual. $1210 just too much so right back to $1200.
So predictable. So tiresome.
This should light a fire somewhere
Breaking – Bank of England Admits Large Portion of Austria’s GOLD IS GONE
A remarkable report on The Austrian State Gold from the Austrian Federal Court (ÖBRH) has apparently just revealed that as of 2009, 56% of Austria’s gold reserves “held” at the Bank of England DID NOT PHYSICALLY EXIST!!!
No wonder that Germany & The Netherlands among others began scrambling shortly thereafter to repatriate what was left of their own reserves at the BOE & The Fed!
more http://www.silverdoctors.com/breaking-bank-of-england-admits-large-portion-of-austrias-gold-is-gone/
PAL
As mentioned last week by someone, PAL is on a run. I lucked into it a few weeks ago like blind squirrels occasionally do.
D’oh!
First BC oil slump casualty: Ivanhoe Energy faces bankruptcy
Ivanhoe Energy (TSX:IE), one of the companies backed by mining financier Robert Friedland, may become the first B.C. casualty of a drastic slump in oil prices. The company has filed for creditor protection and faces possible bankruptcy.
Ivahnoe, which is headquartered in Vancouver, has been suspended from trading on the Toronto Stock Exchange and its listing is now under review. EY has been appointed trustee as the company attempts a restructuring.
Asked if the recent drop in oil prices is related to the company’s financial troubles, Bill Trenaman, Ivanhoe’s vice president of investor relations, said “I would say that that’s a fair assumption.”
Ivanhoe has been trying to develop heavy-to-light oil upgrading projects in Alberta, Ecuador and Mongolia.
But it recently announced it was scaling back its operations in Ecuador “in response to significantly lower oil prices and a delay in discussions with the company’s partner.”
And in an October 2014 management discussion and analysis, Ivanhoe recorded a $93 million write-down on its Tamarack project in the Alberta oil sands, for a net loss of $115 million in the nine months ending September 30, 2014.
The company has defaulted on its interest payments on $73 million worth of debentures.
Buygold
“Besides that’s my proprietary forecast.”
ROFLMAO! 🙂 🙂
Yeah I guess the Greek gov says they won’t try and block Ego’s mine. Some rational thinking intrudes.
WANKA @ 10:01
Incredible! At least no problem like that with those gold coins buried to the right of the key lime tree under the 3rd palm tree.
Ipso
You know the drill. Besides that’s my proprietary forecast.
A couple of nice movers early though. AG and EGO. Look strong. For now.
Biggest steel breakthrough in decades
Earlier this month a team of material scientists at Pohang University of Science and Technology in South Korea announced they’ve successfully created a cheap, flexible steel with a strength to weight ratio of today’s best titanium alloys.
The paper published in the journal Nature shows the researchers appear to have overcome the biggest problem with adding a high proportion of aluminum to steel alloys to make it lighter – poor ductility and brittleness. That’s one the reasons the proportion of steel in the automotive and aerospace industries have been steadily dropping,
According to the paper “nickel catalyses the precipitation of nanometre-sized B2 particles (Fe and Al intermetallic compounds) in the face-centred cubic matrix of high-aluminium low-density steel during heat treatment of cold-rolled sheet steel.”
The result is an alloy 13% less dense than traditional steel and harder, but also crucially the new process creates a metal that would bend, not break under pressure.
There are still challenges before it can be mass produced however Popular Mechanics reports steelmakers use “a silicate layer to cover and protect mass-produced steel from oxidation with the air and contamination from the foundry. This silicate can’t be used for Kim’s steel because it has a tendency to react with the cooling aluminum, compromising the final product.”
Nevertheless, Lead researcher Hansoo Kim told Popular Mechanics the method is actually more important than the result. Now that his results are published, he expects scientists to cook up a multitude of new alloys based on the B2-dispersion method.”
On a positive note …
First day with no troops killed under Ukraine truce
http://www.reuters.com/article/2015/02/25/us-ukraine-crisis-idUSKBN0LT0YJ20150225
Buygold
“PM’s open slightly up, but get drip sold all day.”
And here I thought the markets just opened?
Keep an eye on your wheelbarrow
Ukraine Enters Hyperinflation: Currency Trading Halted, “Soon We Will Walk Around With Suitcases For Cash”
Another day
SM opens slightly down but goes positive by day’s end.
PM’s open slightly up, but get drip sold all day.
