Loading ...Won’t be long before entire mkt saying same…the Rig Rules.
T/A guys would say
the move in silver is a classic reversal that probably marks the bottom – if only T/A worked on pm’s…
Lil Kim and Trump with his dinner with the generals last night and his cryptic message. Really couldn’t ask for a better screenplay.
Maybe the SM needs a reason to selloff.
belt loop bumpfire
guess what – you don’t need a “bump stock” to bump fire. all you need is a belt loop. are they going to ban belt loops? lots of sagging pants if they do! (coarse language)
and the belt loop isn’t really needed!
Ororeef
Most of those anti gun Demos have little knowledge about any of guns but want to play expert. Fact is whether gun or explosives it just shows the likes of the left spreading panic instead of leadership. I’m sure terrorists would be laughing at them. He didn’t just have tannenite on there that could of did damage but had more than enough to blow up a car.
Someone brought up Kennedy who was shot from a building above concerning saftey of patrons. With that memory how did they react to that? It wasn’t talks of gun control. It was go after the bad guy in unity. It wasn’t a party thing by MSM or senate. They would of been kicked out of their position or even suspect.
That didn’t start until the mid 60 s. Nor did black senators. Black senators prior to the 60 s were republicans. After they switched parties for the most part on the assumption to bring people together but since then it’s been down hill ever since. It was like a first step to unite as Americans but instead they went to do their own thing and doing nothing but trying to divide and their rhetoric is neither unity nor American.
Maddog
How long did the LiL Kim kabuki last this time? Half an hour before the Fed came in to buy the SM and push back on pm’s?
Definitely can’t buy these blips
Barrick to pay $20 million to settle Pascua-Lama arbitration case
Canada’s Barrick Gold (TSX, NYSE:ABX) has agreed to pay $20 million to a Chilean group in order to settle an arbitration case against the company filed last year after the miner, the world’s No.1 gold producer by market value, halted payments settled in 2005.
The lawsuit, brought by the irrigation association of Chile’s Huasco river, followed Barrick’s decision to stop paying $3 million a year to complete a $60 million-over-20-years agreed instalment, El Mercurio reported (in Spanish).
That fee was part of a legal obligation to compensate local communities affected by a project. In this case, the mothballed Pascua Lama gold, silver and copper project straddling the border between Chile and Argentina.
The giant project in the Andes has been shuttered since 2013, when a court ordered the company to halt construction over environmental concerns. Later that year, Barrick shelved the project citing massive cost overruns and nose-diving metal prices.
more http://www.mining.com/barrick-pay-20-million-settle-pascua-lama-related-arbitration-case/
Buygold
Yeah !!!
What a bonkers world.
Then again the moves are baby steps considering what is being threatened, this is being treated as a buying opportunity in the SM.
Maddog
I guess we need to thank LiL Kim
NK gonna test ICBM that can West Coast
How long before that is non event/bullish SM !!!!
So far turning Silicon Valley into a Glass car park, uninhabitable for 1000 yrs is worth minus 7 pts on the Dog !!!!
beatdown…
FAILED!!!
Yep that spike down in silver
is surely a seller dumping all at once at the bottom b/c you know traders always do this…lol. What a farce
Nope – that did not either
It was an old video , called ‘If My Nose Was Running Money’ by Aaron Wilburn
Look it up on YouTube if you need a laugh .
Well , that didn’t work
let me try again…
Milestone
New Gold Announces First Gold Pour at Rainy River Mine
I think we all need a bit of levity this morning
A friend sent this today , so I will share it .
( an oldie , but a good belly laugh – BTW if mine was running money , I’d buy physical )
/
Buygold
Re Positive Dog
Yup scum have seen off all the selling in the SM, got PM’s well negative and Dollar bid.
Situation normal.
Exactly 30 minutes
for the Nasdaq to go positive. DOW and SPX sure to follow.
Swiped this response to a question about “what makes a deposit viable”
[@HRA-Coffin] Nice easy question there @nicholaslepan! Good rule of thumb is that you want deposits that will be in the bottom half of the list of prospective deposits when it comes to estimated all-in costs of production per ounce, pound, whatever. Ideally you would really like to be in the lowest quartile when it comes to costs of production. A ton of different things go into that calculation so hard and fast rules are not easy but, in VERY general terms high grade will be better than low grade, some will prefer open pit (I don’t, personally), thicker orebodies with more consistent predictable grade are better than those with erratic grades, projects with reasonably good infrastructure nearby are preferred over remote deposits, deposits in jurisdictions that have transparent and (hopefully) predicable permitting regimes are preferred, those with lower rather than higher minimum capex, or at least low intensity of capital (capital required to produce and ounce/pound/tonne or whatever per year) are also preferred. Then there are other factors like social licence, not being TOO close to habitation, whether a project requires a mill or is heap leachable. Heap leach usually has lower cost of capital and capital intensity -but not always. The big boys in the copper space, for instance, actually prefer sulphide deposits because they can be scaled up more easily. Metallurgy, which will determine how much of the metal is actually recoverable is also huge. If its a standard sulphide mill you would expect 90% plus recoveries while they can be a lot lower on a percentage bases in a heap or in situ leach situation. That confuse you enough?
Morning Maddog
SM will come back – pm’s won’t – they never do. The boys are crushing silver now.
Never in my wildest dreams did I think that a single sector could be so bad for so long.
Looks like scum buying everything on SM…how long till we go up ????
and of course hammering PM’s…real hissy fit tdy from scum, as SM looking weak….and that is verboten !!!!!
Iran, Iraq, And Turkey Unite To Block Kurdish Oil Exports
I found the following interesting. Not what I would have expected.
“Russia’s oil majors side with Kurdistan in its quest for an independent fossil fuel establishment. Rosneft signed off on a $1 billion gas pipeline deal with the Kurdistan Regional Government (KRG) a week prior to the historic vote, signaling Moscow’s approval of a hypothetically separate Kurdistan.”
http://www.zerohedge.com/news/2017-10-05/iran-iraq-and-turkey-unite-block-kurdish-oil-exports
eeos
It’s not just PM prices…they are rigging short and long rates, the SM and the Dollar…..problem they have now tho, is the Rigging is becoming obvious.