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Buygold @ 18:30

Posted by ipso facto @ 20:07 on August 12, 2019  

Won’t take too long before the higher metals prices show up in the earnings … though if we go up sooner that’s OK. 🙂

My 2 cents

Posted by Samb @ 18:58 on August 12, 2019  

Steady on the tiller as Jim Dines was want to say. The $Gold chart still says full speed ahead…damn the torpedo’s. Different story on WED, July 31st. Then this up cycle was lost unless we had an immediate DRAMATIC upturn! And wow did we ever get that…a knock your socks off  rally the next day on Thursday Aug 1st. Still give back Friday was coming up to the plate but, it turned out to be a very mild small giveback.  The weekly charts were then good to go.

Since then, I just have blue sky signals…so far anyway.

The one negative thing about the rally that worries me

Posted by Buygold @ 18:30 on August 12, 2019  

is that the shares really haven’t taken off and caught up with the metals. They should be leading.

Today was a little ugly considering the performance of the metals.

Maybe they’ll play catch-up tomorrow.

> Americas Silver Corporation Reports Second Quarter 2019 Financial Results

Posted by ipso facto @ 16:54 on August 12, 2019  

https://www.americassilvercorp.com/news-releases/2019/americas-silver-corporation-reports-second-quarter-2019-financial-results/

I can’t carry. this overnight–there’s. just. too much. risk-I’ll just. bank my 7600 net profit. and consider myself lucky…

Posted by Richard640 @ 16:19 on August 12, 2019  
08/12/2019  16:12:03 Sold 20000 DUST @ 7.06

P.S.–there. is a. strong. R640 buy signal. on JNUG but under the current circumstances, I don’t know if it’s good anymore

Posted by Richard640 @ 16:01 on August 12, 2019  

I tolllllllll-ja! They did it Friday and did it today…it’s no fluke…the gold rally is over. for the. indefinite future…

Posted by Richard640 @ 15:57 on August 12, 2019  

Stopping gold is a matter of national and international priority to prevent panic.  in the integrity of the fiat system and. the new Modern Monetary Theory…yes,  it’s outrageous…and yes, I too was convinced the bad guys. had lost. the war…so don’t. shoot. the. messenger…

Filled Buy 20000 DUST Limit 6.68 — — 11:57:01 08/12/19

Ororeef 11:22

Posted by goldielocks @ 15:18 on August 12, 2019  

I remember talking to a girl about it in the early 60s who were Hungarian friend of my Hungarian relatives in Denver. We were in her basement making poppyseed bread and she told me how they had to escape with a long treck with only what they could carry and gunfire was everywhere trying to shoot them. She was too young at the time to know what was going on but remembered something bad happened to their country they were shooting at them and barley escaped with their lives.

scum power

Posted by Maddog @ 14:59 on August 12, 2019  

Au break to new hi of 1520……then gets rammed back and most shares are rammed to down on day….they really are scared to death of PM’s.

and still they sit on NEM

Posted by Maddog @ 14:51 on August 12, 2019  

It is rarely always the same..but to see the shares being held down as Gold explodes is just madness…..still the longer it goes on the greater the bargains they become…..as soon, once dividends come into play, all the money in the world will want in.

downdraft?

Posted by treefrog @ 14:42 on August 12, 2019  

metals prices holding modest gains, hui taking a hit.

downdraft from broad market??

quick, get the ppt to order some broads!!!

Hang on…of course not everything is right …NEM is down…..

Posted by Maddog @ 13:06 on August 12, 2019  

No way do the scum have a long weekend.

Something must be wrong….I have no immediate complaints…though probably not as happy as Billary is now…….or Prince Andrew.

Posted by Maddog @ 12:50 on August 12, 2019  

MUX goes over $2. It’s been a while since it’s been there!

Posted by ipso facto @ 12:35 on August 12, 2019  

Captain– a very. probable scenario–never sell a dull market…

Posted by Richard640 @ 12:29 on August 12, 2019  

Richard640 @ 11:34

Posted by Captain Hook @ 12:08 on August 12, 2019  

That’s a contrarian indicator.

If the specs were not already long a pant load of futures the metals (and shares) would be ripping higher.

Maybe some of that radiation from Russia can float over and melt the commercial’s brains and they start covering.

Wishful thinking.

That said, the fact the aggressive gamblers are fading the metals (and shares) is bullish. The technical guys are all looking for a correction. That’s bullish too as a great deal of selling / shorting / hedging has occurred in the shares / ETF’s (especially in silver).

So something that’s possible is the short term aggressive players might cause a crazy Ivan continuation move higher.

I’m not forecasting this — but it’s possible.

Cheers

 

This will be the Beginning of the END for Communists Control in China …..!

Posted by Ororeef @ 11:49 on August 12, 2019  

Molotov Cocktails (a bottle of Gasoline with a Rag stuck in it ,set on fire then thrown at a Tank )very effective !were the only weapons the Hungarians had ….

Posted by Ororeef @ 11:46 on August 12, 2019  

and we still debate “GUN CONTROL”  ?  stupid is as Stupid does…

I wonder what the Current Government of Hungry’s views on Hong Kong are ?

Posted by Ororeef @ 11:37 on August 12, 2019  

that would be a very interesting interview …This time its China ,back then it was Russia

Its going to give PAUSE to CHINAs neighbors about what could be in store for them…

Buygold-it’s 11:30–I went out at 10am-now I see the dollar is down MORE–rates even lower–gold was up 5.80–now it’s up 8.40 and [drumroll]

Posted by Richard640 @ 11:34 on August 12, 2019  

DUST. is. higher. @6.75…it was 6.65 when. i. left…and all the PM stocks have drifted down….something is up–like I said friday=orders were issued to stop the gold rally at all costs…O, yeah, and. stocks have fallen further…silver. was up 2 and now up 13…

Somehow HONG KONG =Hungarian uprising its deja vu all over again …I remember it well ,cause it made me sick listening to pleas for help that no one answered

Posted by Ororeef @ 11:22 on August 12, 2019  

theres a similarity to the Hungarian pleas for help during Russian invasion which Eisenhower ignored because he didnt want to risk another war..

Edit

Comments


Hungarian Revolution of 1956
Part of the Cold War
Szétlőtt harckocsi a Móricz Zsigmond körtéren
A destroyed Soviet tank in Budapest, 1956
Date 23 October – 10 November 1956
Location People’s Republic of Hungary
Result Soviet victory
Revolution crushed
Belligerents
Flag of the Soviet Union (dark version).svg Soviet Union
Hungary State Protection Authority
Flag of the Hungarian Revolution (1956).svg Hungarian revolutionaries
Commanders and leaders
Soviet Union Nikita Khrushchev
Soviet Union Ivan Konev
Flag of the Hungarian Revolution (1956).svg Imre Nagy
Flag of the Hungarian Revolution (1956).svg Pál Maléter
Strength
31,550 troops
1,130 tanks[1]
Unknown number of soldiers, militia, and armed civilians
Casualties and losses
Soviet casualties:
722 killed
1,251 wounded[2]
2,500 killed (est.)
13,000 wounded (est.)[3]
3,000 civilians killed[4]

The Hungarian Revolution of 1956 or Hungarian Uprising of 1956[5] (Hungarian language:1956-os forradalom or felkelés) was a spontaneous nationwide revolt against the government of the People’s Republic of Hungary and its Soviet-imposed policies, lasting from 23 October until 10 November 1956. It was the first major threat to Soviet control since the USSR’s forces drove out the Nazis at the end of World War II and occupied Eastern Europe. Despite the failure of the uprising, it was highly influential, and came to play a role in the downfall of the Soviet Union decades later.[6]

The revolt began as a student demonstration, which attracted thousands as they marched through central Budapest to the Parliament building, calling out on the streets using a van with loudspeakers via Radio Free Europe. A student delegation entering the radio building to try to broadcast the students’ demands was detained. When the delegation’s release was demanded by the demonstrators outside, they were fired upon by the State Security Police (ÁVH) from within the building. As the news spread, disorder and violence erupted throughout the capital.

The revolt spread quickly across Hungary and the government collapsed. Thousands organised into militias, battling the State Security Police (ÁVH) and Soviet troops. Pro-Soviet communists and ÁVH members were often executed or imprisoned and former prisoners were released and armed. Radical impromptu workers’ councils wrested municipal control from the ruling Hungarian Working People’s Party and demanded political changes. A new government formally disbanded the ÁVH, declared its intention to withdraw from the Warsaw Pact, and pledged to re-establish free elections. By the end of October, fighting had almost stopped and a sense of normality began to return.

After announcing a willingness to negotiate a withdrawal of Soviet forces, the Politburo changed its mind and moved to crush the revolution. On 4 November, a large Soviet force invaded Budapest and other regions of the country. The Hungarian resistance continued until 10 November. Over 2,500 Hungarians and 700 Soviet troops were killed in the conflict, and 200,000 Hungarians fled as refugees. Mass arrests and denunciations continued for months thereafter. By January 1957, the new Soviet-installed government had suppressed all public opposition. These Soviet actions, while strengthening control over Eastern Europe, alienated many Western Marxists.

Public discussion about this revolution was suppressed in Hungary for more than 30 years. Since the thaw of the 1980s, it has been a subject of intense study and debate. At the inauguration of the Third Hungarian Republic in 1989, 23 October was declared a national holiday.

R6

Posted by Buygold @ 10:51 on August 12, 2019  

You could be right if they are able to bring the SM back today. I suspect if they do, rates and the USD will come back up and the metals will drift lower.

Silver seems to be having trouble with the $17 level for some reason.

Posted by treefrog @ 10:20 on August 12, 2019  

Barrick Gold’s profit nearly doubles on higher production

Posted by ipso facto @ 9:35 on August 12, 2019  

https://business.financialpost.com/commodities/mining/update-1-barrick-quarterly-profit-nearly-doubles-on-higher-output

Hong Kong Gold Market

Posted by ipso facto @ 9:32 on August 12, 2019  

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