Loading ...a few years from now? Mac did good job at Gold Corp. I will cut him some slack on this current deal, thinking he probably knows better than most what is happening in the PM’s. Or what is most likely to happen. 🙂
I’m not very happy that McEwen decided to buy this high cost mine. Will MUX break $2
“Black Fox Sale Expected to Close in Early-October: Primero continues to work with McEwen Mining to facilitate the closing of the Black Fox Complex transaction, which is expected to be completed in the first week of October. Black Fox is expected to achieve full-year 2017 production guidance of between 50,000 and 60,000 ounces of gold at AISC of $1,150 to $1,250 per ounce. The Company expects that at the time of closing Black Fox will have delivered approximately 50,000 gold ounces attributable to Primero in 2017.”
Captain Hook @ 9:26 Well, You Got A Raise Out Of Me I’ll Give You That
Tell you what, Im going to print your generous Public Service Announcement and tape it right up there to the other collection of useless Public Service BS. Right next to my favorite one, “In case of nuclear or gas warfare attack, be sure you tape your windows and doors with plastic and duct tape.
Interesting
that with gold and silver being beaten down today that there are so many mining shares that are green. Good time for the big boys to come in?
All I’m trying to do is raise public awareness and promote healthy thinking…
…I don’t stick my hand in the garbage disposal and hope for the best.
Cheers
Captain Hook @ 9:05 Now If That Aint BS, I’ll Kiss Your Smart Arse
“You can’t blame the bankers for that.”
FYI
An Exercise in Imagination
- Imagine September 2017 is September 2007.
- You know (like you knew in September 2007) the stock market is a few months away from its peak and the crash is imminent (just imagine).
- You know all your stocks – good or bad – will also fall in the coming crash (hard, but please imagine). Though the good ones will again rise like Phoenix and the bad ones will continue to lose for the next ten years (yes, imagine the next ten years).
- Imagining this future you already know about, what should you be doing now, in September 2017…I mean, September 2007?
- Imagining that may lose a lot of money (some of it permanently) over the next few months, and also over the next ten years (again, some of it permanently), how would you position your portfolio so that you don’t lose much, and in fact gain a lot given that you also know the broader market is going to double over the next ten years?
- Check your existing portfolio, sell all your stocks mentally, and then look at each stock and answer this question – “If this stock was not in my portfolio already, would I buy it today…especially when I know what’s coming in the next few months?” If the answer is no, question what that stock is doing in your portfolio?
One rule of the above exercise is that, even with the benefit of hindsight, you cannot time the market i.e., sell everything four months later and buy again in March 2019 (as if it was March 2009). You just don’t know when that peak and bottom would appear, only that it would all happen in the next eighteen months.
Is your head spinning already? When I was going through this exercise over the last few weeks, mine was. Not because this exercise was something difficult to do, but just for the amazing insights it left me with after I finished it off. And a few action points – I ended up reducing allocation in a couple of stocks and increasing allocation in a couple of others that were already in my portfolio. Fortunately, I had nothing to sell in terms of bad business quality.
Morning Buygold…R640
Re Numbers…not sure they bother to fake ’em anymore, they just ram the mkt…if they can get people saying with a straight face, that NK lobbing ICBM’s over Japan’s mainland is a non event…then we have gone way outside reality, into an Alice in Wonderland one.
R640
Think we have to see CoT No’s well down before they will allow a bounce….this kind of power is pretty scary. Plus they have to keep the Rig running….they’ll defend 1290 all day tdy…
I don’t know what you guys are getting worked up about…
Precious metals speculators are completely predictable and easily exploitable.
You can’t blame the bankers for that.
It’s easy money.
Cheers
Nearly finished Fed Up
the book by a Fed Insider, Danielle DiMartino Booth….the one thing that is absolutely clear, is that they have no idea what they are doing, how it will work out and therefore no idea if it will work.
Yet the whole world awaits their decisions……All they have is the Rig and that persuades themselves they are right !!!!!!
Buygold-Maddog–the fact that the $ is not starting a strong rally tells me this dip in gold will be brief
and will be a buy–maybe 1280-85?
Maddog
Yeah, those numbers are all totally phoney, can’t believe anything that comes out of the US Gov’t – it always fits the narrative – always.
I’m not even really seeing dollar strength, flat to slightly down.
What I am seeing is a scum assault and probe of any stops at 1290 and 17
This whole sector better right the ship in the next month or so, otherwise we’ll be looking at another year of tax loss selling.
some news is out and it is ??????….Dlr Bullish and PM Bearish
to maintain a virtual 100 % record….statistically the odds are now unquantifiable, for such a non stop run.
We are way beyond a farce and deep into insanity.
Jake LaMotta
Grew up listening to those fights on the radio. I’d go out to my Dad’s car if parents were watching something on the TV. He said in one interview he fought Sugar Ray so many times he should of had diabetes. He was hell of a man.
Downside follow thru
Not really surprising, but definitely not USD related
Ipso – thanks for checking on Wanks, sounds like he really dodged a bullet.
Clink of the Coffee Cup
So relieved to hear of Wanka’s stable health and safety during and after the hurricane.
Hi All, friends …….
Picked up this little Klondike Anniversary Coin this week at Flea Market
She’s a beauty …….
$400 CDN, in original case from the Canadian Mint.
“Onward Pilgrims”
Winedoc
I had a personal Friend
that fought LaMotta and Marcel Cerdan ..He was living in Richmond ,he told me about fights when he was a “Club fighter” out of Philadelphia .He passed away several years ago .He fought under the name of Terry Young (not his real Name).He said Jake LaMotta was the toughest fighter ever!
He told me a story one time about a fight with Marcel Cerdan .The fight was in Canada and Cerdan was the”home boy” …MARTY (HIS REAL NAME)was supposed to take a dive but Cerdan came out with all he had and was pummeling Marty ..Marty told me I had enough of that shit and I knocked him on his ass. I knew I was in real trouble and I got out of there as fast as I could the MOB was gonna kill me I was supposed to take a dive…I never even stopped to get paid..I just got the hell out of there !
All you OLD TIME Fight Fans will remember this guy ! The toughest fighter ever !
Jake LaMotta, the boxer immortalized in ‘Raging Bull,’ dies at 95
Associated Press
Jake LaMotta, the former middleweight champion whose life in and out of the ring was depicted in the film “Raging Bull,” for which Robert De Niro won an Academy Award, has died, his fiancee said Wednesday. He was 95.
LaMotta died Tuesday at a Miami-area hospital from complications of pneumonia, according to fiancee Denise Baker.
“Rest in Peace, Champ,” De Niro said in a statement.
The Bronx Bull, as he was known in his fighting days, compiled an 83-19-4 record with 30 knockouts, in a career that began in 1941 and ended in 1954.
LaMotta fought the great Sugar Ray Robinson six times, handing Robinson the first defeat of his career and losing the middleweight title to him in a storied match.
In the fight before he lost the title, LaMotta saved the championship in movie-script fashion against Laurent Dauthuille. Trailing badly on all three scorecards, LaMotta knocked out the challenger with 13 seconds left in the fight.
LaMotta threw a fight against Billy Fox, which he admitted in testimony before the Kefauver Committee, a U.S. Senate committee investigating organized crime in 1960.
“I purposely lost a fight to Billy Fox because they promised me that I would get a shot to fight for the title if I did,” LaMotta said in 1970 interview printed in Peter Heller’s 1973 book “In This Corner: 40 World Champions Tell Their Stories.”
LaMotta was “stopped” by Fox in the fourth round on Nov. 14, 1947, in Madison Square Garden. He didn’t get a title shot until 10 fights later.
On June 16, 1949, in Detroit, he became middleweight champion when the Frenchman Marcel Cerdan couldn’t continue after the 10th round.
Of the claim that Cerdan had to quit because of a shoulder injury, LaMotta said in 1970: “Something’s bound to happen to you in a tough fight, cut eye, broken nose or broken hand or something like that. So you could make excuses out of anything, you know, but you got to keep on going if you’re a champ or you’re a contender.”
Renowned for his strong chin, and the punishment he could take, and dish out, LaMotta was knocked down only once — in a 1952 loss to light-heavyweight Danny Nardico — in his 106 fights.
Yay Wanka! Boo Skum :(
Can’t believe it but I am close to accepting the possibility that by the time any reliable, stable, non rip-off based currency becomes relevant that it won’ matter. These people in charge of the image of our great nation and who claim to be steering our supertanker relationship with the rest of the worlds governments are TOTAL REJECTS that should never have passed kindergarten final exams. go Gold ! yea right! Other than that Happy Autumn Equinox to all Tenters !!!
I’m liking the CMF, OBV, ACC/DIST, volume, moving averages on Gran Columbia (TPRFF)
What is not to like with this chart?
