Loading ...Thanks for the Minsky thingy,very enlightening ,we could be in for a long 20 year minsky fix.It seems to me if bonds yielded 18 % near the top ,then we got zero coupon bonds ,and now er enter negative coupon Bonds ,the question seems to be will it take negative 18 % to undo all of this, and for how long ?
Another “Vast Right Wing Conspiracy ” where have we heard those same words before ? must be a Parrot spokesman lose in the media ! word for word script ,not a brain among them …!
Hypocrisy: New York Times Alleges Conspiracy After Backing Boycotts of Conservative Media
New York Times publisher A.G. Sulzberger alleged that his newspaper was the target of a vast right-wing conspiracy on Sunday — after the Times boosted efforts to shut down conservative media by encouragin
The Fat Lady ain’t singing yet
Russia-China real gold standard means end of US dollar dominance
https://www.rt.com/business/412546-china-russia-gold-standard-dollar/
Notice For Brewery Creek Mine To Yukon Government; Updates on Bridge Upgrade
VANCOUVER, British Columbia, Aug. 26, 2019 (GLOBE NEWSWIRE) — Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to announce the Company has provided formal notice to the Yukon Government (Yukon) to move the Brewery Creek Mine into the production phase from temporary closure status. The notice formally advises Yukon of the commencement of development/production activities on the Brewery Creek site and has been accepted by Yukon. The Company now has all the necessary licenses, permits and authorizations to commence mineral development activities and mineral production activities as permitted in the Quartz Mining License and Water License. The Brewery Creek Mine, in Canada’s Yukon, is a fully licensed past producing gold mine with existing infrastructure and established resources allowing for a timely restart of mining activities.
cont. https://ceo.ca/@nasdaq/golden-predator-provides-mining-restart-notice-for
Minsky Moment
Minsky Moment
BY Trey Reik | Tuesday, August 20, 2019
pdf version
After spending three years in a $250 trading range (between $1,121 and $1,375), spot gold has erupted since late May and is up 18.01% YTD as of last Friday’s (8/15) close at $1,523.34. At the same time, gold mining equities, as measured by Sprott Gold Miners ETF (SGDM) are up 39.52% YTD.
To us, the operative questions are:
1) What factors ignited gold’s breakout from a three-year consolidation?
2) Are these fundamentals likely to persist in future periods?
We offer the following answers. Gold is clearly responding to a global pivot by central bankers back towards concerted monetary easing, and the intractable nature of excessive global debt levels suggests we are in the very early innings of the developing easing cycle. In short, for gold this is the real deal and we suspect things are just getting started.
Buygold @ 9:50
Inevitable and unstoppable come to mind! 🙂
I’m sure we’ll see more wanderers show up.
So far my script’s on target–stocks pop–gold drops-then stocks fade-gold pops…fUngers crossed–I added on
My good buddy Plunger posted an EVENTUAL $19 target on SAND-I’ll. take an 8 or 9 buck target–Plunger had. a $250,000 day in his account. on Friday.
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Filled Buy to Open 100 SAND Oct 18 2019 7.0 Call Limit 0.30 — — 09:43:19 08/26/19
Filled Buy to Open 400 SAND Oct 18 2019 7.0 Call Limit 0.30 — — 09:41:49 08/26/19
Ipso
The Coin Guy – Remember him well
I’m guessing he’s back in the gold trading business. 🙂
Here we come…
I’m sure glad that negotiations are back on. Everything is going to be fixed now.
What a load of rubbish!
The Coin Guy says Hello
Old Habits…
After a few years of traveling abroad…I’m just blowing the dust out of
the office and firing up the machines.
I came back to find CapitalStool gone. Gold-Eagle(for the most part)
gone. USAGold forums…gone. FinancialSense is now charging?
And…last but not least…the Tent is split in two? Frankly, I thought
you guys would have packed it in by now…glad to see your a stubborn bunch.
At any rate, my handle/password were scrubbed…I’m not going to bother
signing up again. Just dropped in to say hello and wish everyone luck
going forward.
Best Regards,
The CoinGuy
P.S. Recognize Richard640 and CaptainHook…from Gold-Eagle I believe?
If I recall Richard was there in ’98 or so when I signed up originally.
CaptainHook I can’t recall, but I do remember the handle.
Morning treefrog
seems that way – silver shares look ready to rip
R6 – Concur
Anything could happen today. One seems clear, the USD is becoming increasingly irrelevant and it’s all about rates at this point for pm’s.
Trump figured out a while ago that he could save the SM at any point with a positive tweet or headline.
Gold and bonds aren’t really buying it – at least for more than today.
the morning beatdown…
isn’t working as much on silver as on gold.
could it be that the scum can only keep one ball in the air at a time???
Buygold–yes!! I noted that too about bonds…which does not guarantee that the DOW opens up 250 and then
plunges…and gold pops $25-$35….but it might….or stocks could gain for a day or two AND gold could tack on 5 or 10 bucks a day…lots of pissabilities…
bottom line, for me, stay long PMs and don’t play the squiggles…if we go to 1475-1450 then start. to worry…
Well R6
The PPT and the algo’s got their China makes nice headline.
So, the gold move evaporates of course, USD pops, SM pops – disaster averted for today.
What’s a little strange to me is that bond yields aren’t really jumping.
and the beat goes on…
We’ll. be lucky if stock futs. stay green and gold. flattish by the 9:30 open for those that want to add on gold coverage-
Trump Says China “Called”, Wants To Restart Trade Talks; China Denies, Has No Idea What Trump Talking About
We have reached the “hallucination” phase of the trade war.
With Trump making it clear on Sunday night that he was staring at the plunging US equity futures in sheer horror, tweeting that “my stock market gains must be judged from the day after the Election, November 9, 2016, where the Market went up big after the win, and because of the win“, the US president appears to have reached desperation point to keep US stocks higher early on Monday at the G7 meeting in France, and the result was that just before 3am ET Trump – having decided to say anything to push futures higher, told reporters that the Chinese government called his team in Washington Sunday not once but twice, in a bid to restart talks on trade.
“China called last night our trade people and said let’s get back to the table,” Trump said on the sidelines of the Group of 7 meeting in Biarritz, France. “They understand how life works.”
According to Trump, U.S. officials received two “very productive” calls from the Chinese but declined to say whether he’d spoken directly to Xi. “They want to make a deal,” he said, adding that the U.S. would accept the Chinese invitation and return to the negotiations.
Buygold
Re Hui
An equal swing tgt is @ 318, which if done opens up a 6 year base going back to 2013, that shud support an attack on the 600 Hi
Someone else noticed the PPT…saves us the job.
Plunge Protection Team Arrives: Lifts Stocks & Currencies, Slams Gold
https://www.zerohedge.com/news/2019-08-25/offshore-yuan-crashes-new-record-low-tests-pboc-peg-band
It may stop the weekend gaps being too large….weekend gaps get filled very easily.
ZH
I dunno if DOW 24,685 is in the cards but some kind. of a bottom or bounce MUST be near cause I have NEVER seen as many gloom, doom and end of the world articles on Zero Hedge before…Jeesh!
That said…if stock futures have a strong opening rally and gold comes in flat to up a few bucks, that could. set up a very bearish scenario…but anyone who wanted a chance to get in or add on friday would have to be brave and nimble to fade the pop…
Also remember that the FED and the PPT will not go quietly into the night…the stock mkt IS the economy and. they will go all out to save it from going down. the crapper…could get. wild…
Almost halfway there to $100 up day…
It’s 6:50 p.m. Sunday eve here and Goldprice is showing AU up $47.64.
I wonder if it will stick thru tomorrow.