It bottomed at 1424–but instead of being down 10 or 20 smackers as I write, it is strongly bid and 11 spondulaks off that low at 1435 up $17.50…do u realize what a sea change tha is??–not only in golds resililience but in the intra-day price swings….just. a few weeks ago it was in a coma…

As for the sell off in the HUI/Pm stocks/ETFs–some say it’s done with algos at the FED/bullion bank trading. desks–but putting.  that aside…I see it as the normal process of. working off the high RSI/overbought. conditions…

JNUG down   at 12 bucks while gold was  up 16$s was. a strongh R640. buy signal-I was out and missed it–JNUG bottomed. at 11.97. and has come back. strong–at 12.41 now

If the HUI can end the day near even or up…that would be quite. a sensational  day…that’s how it is now,  hopefully gold won’t get. SLAMMED this afternoon…that threat is still present.

One good sign:

My smelly ole NGD is launching=up. 10.2 cent [+12.5%] @ 92.5 cent-just a hop skip and a jump from my 400 Aug one dollar strike calls I paid 5 cent for–last trade on those was 12 cent on double the daily avg volume

Totally agree about your prediction for today’s action in the PM’s/shares. It almost feels to me that the algos run their daily programs of shorting a lot of these shares to death, shortly after the opening, and then cover their shorts on a daily basis. They can have their way with a lot of these thinly traded stocks because there’s no one else playing these things……..

Bearish view on lows at $1160 Gold. “Assets in ETFs backed by the metal drop for 13 straight weeks”

https://www.bloomberg.com/news/articles/2018-08-20/gold-investors-give-up-hope-as-biggest-short-in-history-builds

This is going to be interesting.

Either the metals are going to drop down to meet the action in the shares and the USD is going to bounce OR there is going to be some dip buying coming in pushing the shares higher.

Also have to think if they rally the USD, they may also try to rally the SM? Ten yr. now yielding 1.99%

https://www.zerohedge.com/news/2019-06-25/trump-slams-irans-ignorant-insulting-statement-warns-any-further-attacks-will-mean

Well that didn’t take long….so the only thing holding these mkts together is the scum …because the Iranians are bound sure to test the Donald…..Oil should be marching higher, AU is well up, but the shares are being sat on….without the scum the SM would be 100 down.

South America snapshot: Eight companies advancing assets

Sprott’s gotta be a winner sometimes! 🙂

I think that mine is going to be very successful.

Yeah, I’m not sure why he hasn’t been taken out. He’s a Rothschild guy through and through so maybe he’s protected and it’s “hands off”- even for Vlad.

Maybe all these world leaders are in cahoots, and everything is just for show.

Based on the close last evening in US$ , and converting using today’s exchange , he got a bargain !
The conversion of my small holding indicates yesterday’s close in C$ to be C$ 3.68 ***, so at C$3.10 he had a discount of over 15% !

***US $2.7928

as GDX is down over 2 % wheras Hui is down only 1.4 % and looking at top ten holdings in GDX nothing is down too much.

But it is long past the time the PM shares traded independently of the SM……

Good cop bad cop??

Rubicon Minerals Provides an Update on the Phoenix Gold Project New PEA and Comments on Recent Trading Activity

https://ceo.ca/@newswire/rubicon-minerals-provides-an-update-on-the-phoenix

after a long period where gold and silver were in lockdown mode it seems as though “The Rig” is broken … or else some very serious problem is just under the surface. “Demand for physical” that could be it.

Anyways … it’s a most welcome development!

My wife cannot understand why someone hasn’t taken Soros out…Vlad hates him, so why has he left him alone.

…beginning to look like another temporary bump in the road.  gold up twelve bucks, silver up to unchanged.

sooner or later, silver will come to the party.  if i had a vote, i’d vote for sooner.

Looks like the PM shares are so poorly traded that the idiot Algo’s see the SM down, so despite AU flying, they mark the shares down….!!!!!

These have to be bargain prices…

and this is sure to make life calmer.

NATO Tells Russia To Destroy New Missile Or Face Consequences

https://www.zerohedge.com/news/2019-06-25/nato-tells-russia-destroy-new-missile-or-face-consequences

https://ceo.ca/@newswire/continental-gold-announces-us25-million-strategic

“It Would Be An Earthquake” – Three Chinese Banks Tumble After US Threatens To Cut Them Off From SWIFT

https://www.zerohedge.com/news/2019-06-25/chinese-banks-tumble-after-us-threatens-cut-them-us-financial-system

The fact that we are not down 19 is a good sin….but the day is. young…how gold recovers will show what this move is made of….I can’t say I am suprised….also, silver is still in the green a penny instead of being down 10 or 20…either the entire bull move just topped or this is just part and parcel of the process…no way to know

amazingly my CDE is holding its 10 cent gain–ditto WPM top tick…

That’s an active effort by Soros in the EU to breed out the white race. He’s doing it here on the southern border as well. The Globalist, One World plan.

Looks like they may try to bounce the USD, but to do that I’d think they’d have to bounce the Ten yr. rates which are down at 2.00% again today.

I guess Gold and Silver were up huge in the overnights according to Kitco, but London must’ve fixed that.

We’ll see what happens when Crimex opens.

I think there is a very small, hermetically sealed,  demi-monde of shadowy and benighted creatures, like myself, who populate the. demi-monde of gold bug websites and blogs…when gold kicks off an impulsive move they will tend to become very bullish…but they are a corrupt. sample to use for a sentiment poll…they are irrelevant under the current circumstances…what matters now is what the “big boys” are thinking and doing….the big traders and fund managers…

Moriarty is just a small timer…and a gold manipulation denier…his voice carries no authority and his Cassandra shouts of an imminent reversal in gold resemble the raucous squawkings of an idiot