How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...I don’t know if todays that day. You never know. We just have to wait until the “right” thing hits the news for a spark to light the fuse. Jan 2016 was like a reverse crash, straight up for 6 months.
But today I’m taking note of the highest percent gainers today, like AG SBGL USAS KGC SAND etc. NAK acting real crazy. Up 8% I think it was, and then I saw down 10%. Its a wild one.
It’s stacking season soon
Looking for a sign. Show me the money ! 🙂
Could not resist the 9% profit on today.
Made a few bucks in the trading account. Long as the miners don’t give up more than half of their gains from this morning, should end the day in the green.
Will let Yellen do her thing, and come back for the market close looking for some bargains.
Floridagold once told me, ” You never go broke taking profits.” I doubt he came up with that one on his own, but thought I would put it to the test anyways. 🙂 How many more months before I can gloat how bad the Dawgs beat his Gators? God I miss football !
Comment: Let me guess… he wanted more funds to investigate Hillary’s selling America’s Uranium to Russia ?
During the times when the Dinesletter was created, in the 1960s
owning gold was against the law. So he recommended buying the mining shares instead. In a sense, its the same today. TPTB does not want people owning Gold so they keep playing games with the price to PUNISH gold investors.
Even with all TPTB’s bashing, Gold is $1220/oz. Far above the pre 1971 price of $42, that’s a factor of 29. That’s 29 times $42 = today’s $1222.
After the de-peg dollar/gold, Gold rallied from about $42 in 1971 to over $800 in 1980, 1,800% gain low to high, thanks to massive money printing, debts, deficits, wars, and a loss of confidence in the US dollar.
The next major low versus the official $42 ($140 black market) was year 2000, at $276/oz. Gold low of $276 in 2000 should be 10 times more than that $276 today.
Seem to be slowly gaining ground over the past few days. HUI and XAU gaining ground.
Aint it amazing what I can build a case of ‘Hope’ on ? 🙂
“Cramer on Comey: If this were a constitutional crisis, ‘gold should be flying’
Richard, remember this TV show ? 🙂
Argentine authorities, industry players and unions are expected to sign this week a long awaited federal mining agreement that unifies existing legislation across the country, as part of an ongoing effort to jump-start investment in the sector.
The nation, once a favourite of mining investors, has fallen behind its neighbours Chile and Peru despite containing rich deposits of copper, gold, silver and zinc.
Until now, local regulations were not only tough, but also diverse, with seven of the country’s 23 provinces having a full ban on the use of cyanide over to environmental concerns.
Since taking office in late 2015, President Mauricio Macri has been adopting measures to revive the country’s mining industry. One of the first ones was eliminating a 5% tax on mining and energy companies in February last year.
He also revoked a prohibition on foreign mining companies sending profits made in Argentina out of the country
cont. http://www.mining.com/argentina-pass-new-mining-law-week/
Farmboy – concur with R640, if these metals can’t get going then these shares will selloff for the rest of the day. Metals are on full blown lockdown.
Probably a prudent move holding off on more JNUG.
Definitely frustrating action in gold and silver. No life at all.
after market close–so gold futs catch up or stocks sell off…they can’t go in opposite directions indefinitely.
Moving deliberately and slowly at present. PM’s getting a break, and looking up, not yet ready to commit to ‘Rally Mode’ just quite yet. Nice to see some green today. Must be Spring. Trump definitely in ‘Spring Cleaning’ mode. lol
And an interesting tidbit to yesterday’s firing of Comey, he was out of town in LA at the time. Can’t help but wonder if a security team was sent in, and the locks changed on the former Directors office door. ? And bet someone has been tasked with keeping a close eye on the Asst Dir. until he too receives his walking papers.
With Sessions and a new FBI Director, things should start to heat up in Washington shortly. Let the investigations begin ! What’s up first? The atrocities of the Clintons? Pizza Gate? Soros and his paid for ‘campaign’ interference? Such a long list to chose from. 🙂
Go Trump !
So, Asst. Director Andrew McCabe is filling in for Comey as acting Director. Doesn’t really get funnier than that.
McCabe himself should have been fired months ago for conflict of interest during Hillary’s email investigation, after the donations to his wife’s campaign were exposed.
Sure is a big swamp.
Shares are performing pretty well. If the metals can catch some wind maybe the HUI will take a run back toward 200.
Looks like the path of least resistance appears to be up for a change. We’ll see.
Yep. Let the first hour pass and see what happens. USD is hanging tough so no help on that front.
I expect the Fed speak will do what it always intends to do, confuse everyone with a bunch of contradictions –Â except for those who are already in the know.
Who knows what’s really going on behind the scenes with Russia and Syria? I’d just like to see peace break out.
Listened to Chucky Schumer for about five minutes. These Democraps are completely nuts.
holding both Jnug and Jdst in my ‘neutral’ position. Think by 10:30 ish we will have a better sense of PM direction and will probably go heavy one way or the other. And then there is the dreaded Fed speak this afternoon to deal with. One day, one hour, at a time. 🙂
I have no real opinion on the Syria strike. I was happy to see Trump keep a hands off on the Turkish/Russia Syrian thing. Both Turkey and Russia have a much greater security interest in what happens next for Syria. Maybe Trump’s input was simply, you guys set up some safe zones for the Syrian refugees, and then I will stand by and let ya’ll work out the problems in your back yard. ???
They’re going right after the General this am – NEM
Control NEM = control GDX
It’s a big swamp and somebody has to try to pull the plug. Hope Trump can do it.
I see Trump is meeting with Lavrov today. For me, that’s a welcome development. I’m still wondering if that little cruise missile launch in Syria a month or so ago wasn’t a staged event to get the MSM off Trump’s back.
What’s your sense of today’s action, are they going to sell them out of the gates, or are we going to get a little relief rally?
The share action of the last couple of days –Â with the buying at the end of the day – gives me a little hope.
A well seasoned stock broker I know, that invests in PMs said, “I think we have at the least, a short term tradable bottom with the PMs.” And it makes sense to me too. This dip has been going on long enough, and deep enough since April 19 to qualify as ridiculous. Enough is enough.
To me, Trump dumping his arse is the first tangible sign that he is going to take on the task of draining the swamp. The Justice Dept and FBI/CIA need a Great Purge. Firing the Director was a good start, imo.
Would have been fun to sit outside FBI HQ with a 6 pack last night and watched how many offices had their lights on all night long. I imagine the paper shredders were smoking by morning’s light. 🙂
Interesting turn of events, and a good oneI think. Wonder if the Clintons are suddenly planning an extended vacation to parts unknown. Uruguay is pleasant this time of year. lol
So Comey is gone, which makes sense as he and his brother have long ties to the Clintons and Dems. Never really knew what to think of him other than he sure become high profile and decided to make himself the story – odd for an FBI Director.
The big question becomes what happens to Andrew McCabe, the Asst. Director who investigated the Clintons and whose wife’s campaign in Virginia magically received $640K via Gov. Terry McAuliffe from (I think) the Clinton Foundation?
PM’s up a little but the scum is chipping away…
