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Posted by Richard640 @ 10:40 on December 10, 2018  
The fed isnt going to tighten the screws on a ******* thing. The central banks are taking turns printing until this system blows up. 
 

The SP500 is only 10 handles away from meltdown.  The Fed is going to halt its hike on Wednesday, gold is going to gave a good week.

 
Gold has been neutered and cannot smell anything.
If you have 5% of your assets in gold, then you are done buying or selling gold.
***************************************************************************
So what lol they’ve been buy for 20 plus years…I know many just discovered Gold and think its the savior of all things but its not. Trust me Ive been in this sector for two  decades you will be old and grey before your gravy train makes it to the station…But whatever make one happy, Im not anti gold by any means, but dont count on being rich thats for dam sure.
 
“Trust me Ive been in this sector for two  decades….”  Buying high and selling low and getting all emotional about it. 
 
2 decades? So you made a lot of money on the move from $300 up to $1900 or are you bitter that you didnt sell at the top?

Fortuna Silver exercises right to acquire majority stake in Mexican silver project

Posted by ipso facto @ 10:38 on December 10, 2018  

Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) decided this week to move forward with a strategic cooperation agreement with Prospero Silver (TSXV: PSL) and exercised its right to be granted an option to acquire up to a 70% interest in the Pachuca SE project, located close to the historic mining city of Pachuca in Mexico’s central Hidalgo state.

To be able to do so, Fortuna has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment, with a minimum spend of $1 million in the first year.

The 6,669-hectare Pachuca SE sits 24 kilometres SE of the city of Pachuca, along strike from the historic Pachuca-Real del Monte epithermal vein camp, one of the world’s largest epithermal precious metal deposits. According to Prospero, the local geology at Pachuca SE is typical of the high-level epithermal environment seen over the Pachuca-Real del Monte mines.

cont. http://www.mining.com/fortuna-silver-exercises-right-acquire-majority-stake-mexican-silver-project/

Alex Valdor

Posted by ipso facto @ 10:13 on December 10, 2018  

“My uncle taught me a whole new vocabulary that afternoon when we returned to the car .”

LOL I’ll bet!

Talked to my friend Keith from Paradise a couple of days ago

Posted by ipso facto @ 10:09 on December 10, 2018  

He finally got to visit his neighborhood. His house is gone as he expected as are 9 out of 10 on his street. The only house to survive was one under construction. He was happy to see that a car which he had left there was intact and driveable. He and his wife are currently living in his camper parked behind a plumbing supply store. He sounded more upbeat than the last I talked to him.

As he understands it the new CA solar requirements don’t go into effect until 2020 so he’s hoping to rebuild before that.

Maya – Small world ! ( rail photo of the water tower in Quebec )

Posted by Alex Valdor @ 10:05 on December 10, 2018  

Dalhousie is a mile from my cousin’s farm ( just across the border in Ontario ) . They used to drive to Dalhousie to pick up their mail , years ago , before the post office changed their address in the 1970’s to an Ontario address .

I have memories of the mill in Dalhousie where the farm’s hay was processed to collect hayseed back in 1956. My uncle had a very nice 1951 Chevy BelAir fastback , and my young cousin and a neighbor friend were bored waiting in it while the mill was processing the hay . A tin can ( five pounds ) of honey had been purchased and was in the car , so they decided to pry the lid off to get a taste . One was squeezing the can to grip it , while the other was prying the lid . When the lid popped , the can collapsed , soaking the back seat velvety cloth upholstery with the honey . You could hardly approach the car the rest of that summer because of the bees attracted to it in swarms !

My uncle taught me a whole new vocabulary that afternoon when we returned to the car .

That cousin later in life met and married a girl from Beaconsfield-Wrong!Valleyfield My Bad!

Vote in the Poll you slackers!

Posted by ipso facto @ 9:56 on December 10, 2018  

SM don’t get no respect Dow down 220. I feel your pain ………………………. not really. :-)

Posted by ipso facto @ 9:54 on December 10, 2018  

R640

Posted by Buygold @ 9:44 on December 10, 2018  

Yeah, I suppose we could bounce for a few days but I’d have to believe that there were some mutual fund redemptions last week that still need to be sold.

We’ll see what happens

Buygold-U.S. stock futures are bravely trying to go green-they are due a bounce for a while…The Global Dow

Posted by Richard640 @ 7:49 on December 10, 2018  

index is down 16 points, though…indicating that any bounce will be short lived…

https://www.marketwatch.com/investing/index/gdow

There’s a. bit of selling in treasuries…a little buying in the $…maybe stocks can go across the page.  for a few days or even log gains…maybe…BUT:

Below chart shows the SPX (orange) versus VIX net non-commercial positioning (white). Going into the October sell off, the crowd was rather short VIX. Post the sell off, this entire trade has reversed, and the crowd is now long VIX. The crowd might be fearful, but they have loaded up on protection.

Source: charts by Bloomberg

 

We have no huge conviction calls at the moment, but given the fact people are so fearful here, we are starting to look at possibly going against the crowd soon, especially as the most run story today, represented by the first chart, seems to be fascinating reporters that hardly understand what a hedge fund even does.

For more FREE market intell visit AskBrokers.com

Pretty Impressive

Posted by Buygold @ 7:47 on December 10, 2018  

Scum going to open the SM higher this am after the futures were smacked last night.

Gotta give it to them – they are truly the money masters

Gold Train

Posted by Maya @ 2:46 on December 10, 2018  

rrflasher-copy

The Royal Canadian Pacific passes a
heritage water tank in Quebec.
http://www.railpictures.net/photo/675351/
http://www.railpictures.net/photo/675330/

 

Posted by Maya @ 2:44 on December 10, 2018  

img_9858

 

Gold up $200 soon says Maguire..Criminal Charges pending on JPMorgan & Goldman Sachs clic below

Posted by Ororeef @ 0:19 on December 10, 2018  

https://kingworldnews.com/andrew-maguire-broadcast-interview-available-now-12-8-2018/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.