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Cafe Don Julio in Santa Rosa

Posted by Alex Valdor @ 10:44 on December 17, 2018  

img_0510

Alex, R640

Posted by Buygold @ 10:44 on December 17, 2018  

Thanks Alex, I’ve been scoping out the south. Ecuador seems like a nice reasonably cheap place to stay as well. I’m shot you a private email when I get closer to traveling.

R640 – course I’m speculating but a rate hike with a dovish bent would probably be good for gold and cause some USD selling. if they are “data dependent” as they claim to be, the writing is starting to show up on the wall.

Will The Fed rescue the market once again on Wednesday? Good luck being “dovish” when market expectations have already collapsed…

Posted by Richard640 @ 10:34 on December 17, 2018  
https://www.zerohedge.com/news/2018-12-17/ringing-bell-stocks-worst-december-1980-nasdaq-red-year-date

Buygold , No , not Santa Marta

Posted by Alex Valdor @ 10:28 on December 17, 2018  

But have spent a few days next to the ‘beach’ at Cartagena .
Too many street vendors there , pestering you , but took a day cruise from the harbor to a place called Isla Encanta ( Enchanted Island ) which was more pristine and like the Caribbean waters , clear and azure . There is a small resort with pool and dock – fairly attractive for a restful weekend . After that , boredom , aside from secondary cruises to sea life preserves , etc. Very small place , just a few guests . No other place to eat but at the resort .

Cartagena is interesting . Walled old town ( 1500’s ), big fortress similar to the one in St. Augustine , but much larger . Also La Popa above the city – an old cardinals’ palace . with a museum from the colonial era . Downtown central plaza ( colonial era again ) is very nice .

My wife spent a vacation in Santa Marta with her children , decades ago . She says it was a beautiful place at the time , but takes $$$$$ . May need a bi-lingual local to guide you (steer you away from traps on your first visit , but hotels typically will offer bus tours , etc.)

One bus tour we took in Cartagena ended the day at an emerald shop , and left us ( my wife looks gringa so was taken for an American ) there – probably paid to do so by the owners of the emerald shop . Fortunately , it was just a few blocks from the hotel – a ten minute walk , and still daylight . And no , we did not buy any emeralds . Years before I had bought a beautiful, large , clear one , very dark color , in Hong Kong . Nothing in the shop in Cartagena came close .

If you want beach walks , choose Daytona , etc. instead .

For lush , verdant scenery , with few tourists and good prices , the area around here ( Pereira ) cannot be beat . Modern hotels for under $ 100 per night , great food cheaper than comparable US quality restaurants , friendly people , but not much English . A chiva ( windowless bus ) ride through the jungle to nearby villages only about a dollar each way ( 1/2 hour with fantastic vistas along the way . Regular inter city buses ( windows and probably A/C , but not really needed here ) from the large terminal near the hotels run regularly to places like Santa Rosa de Cabal on the helical road between the two towns ( the drive itself is worth the buck fare ). My favorite restaurant is a cafe in Santa Rosa where you can eat outside in a bamboo forest . A meal of a thin steak , roasted pork fat back , pork tenderloin sausage , fried egg , rice , beans , avocado , and fried plantain on one big plate called Bandeja Paisa is about $ 6 . Add a dollar or so for freshly made juice , choice of mango , curuba , etc. in a water or milk base , your choice . This is the center of the coffee district , so if you are a coffee connoisseur you will not be disappointed .

“Crappy” CDE up a big 48 cents or 12.7% with silver up 3 cents

Posted by Richard640 @ 10:24 on December 17, 2018  

https://finance.yahoo.com/quote/CDE?p=CDE&.tsrc=fin-srch

My March 15th $5 calls [cost=.15] are bid .15/.30 last sale .25

The only “news” out was on the 13th, Thursday, announcing a change of key leadership-is this a delayed reaction? Todays gain can’t be attributed to earnings:

Equities analysts predict that Coeur Mining Inc (NYSE:CDE) will post sales of $172.04 million for the current quarter, according to Zacks. Two analysts have issued estimates for Coeur Mining’s earnings, with the highest sales estimate coming in at $181.70 million and the lowest estimate coming in at $162.38 million. Coeur Mining posted sales of $214.59 million during the same quarter last year, which would indicate a negative year over year growth rate of 19.8%.

 

Image result for gladstone gander

Alex

Posted by Buygold @ 9:17 on December 17, 2018  

Have you spent any time in Santa Marta? If so, what are your thoughts?

Morning Maddog

Posted by Buygold @ 9:16 on December 17, 2018  

Probably because there is?

USD giving up a little, shares somewhat firm. Metals in the blah zone.

A lot of day left ahead.

Maddog

Posted by Alex Valdor @ 9:05 on December 17, 2018  

PTSD …like the rest of us . ( Five years of conditioned response ! )

But , not to worry , the beatings will continue until morale improves .

I do see glimmer of hope this morning …OWW ! OWWWW! OWWWWWW!

Why do I get the idea, that there is an unlimited seller at 1240 in Au.

Posted by Maddog @ 8:33 on December 17, 2018  

Gold Train

Posted by Maya @ 3:01 on December 17, 2018  

rrflasher-copy

A wreath, three locomotives, and a caboose
with Santa onboard.  It’s the Santa Train!
http://www.railpictures.net/photo/680771/

 

When the toilet paper runs out…

Posted by Maya @ 2:59 on December 17, 2018  

I have a tub and shower hose right next to the toilet.  With 150 inches of rain a year, there’s little chance the water will run out!

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