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Yeah, I didn’t have any smaller ones that did all that well but the metals did ok considering the USD and rates.

Not a bad day for the miners. Lots of green ones today no matter the HUI. People trying to get their foot in the door and not pay up.

Who would have thought?

USD has given up a little but nothing too crazy so I like the surprising strength back towards $28.

Go figure.

https://schrts.co/MJUQjCmT

https://www.project-syndicate.org/commentary/fed-sanguine-inflation-view-recalls-arthur-burns-by-stephen-s-roach-2021-05

A fascinating inside insight, as to why Burns was so slow in reacting to the 70’s inflation…..this time of course even if the Fed was aware, debt levels make strong moves on rates virtually impossible or at a minimum will mean extreme hesitancy, thus allowing inflation to really take off.

But according to Roach as of now the Fed is making exactly the same mistakes, but of a different kind, they think they have it all covered……

I’m actually surprised pm’s aren’t getting hit harder today so far, then again tomorrow is a Friday in front of a holiday weekend, prime opportunity for the crooks to give gold and silver a beating.

Looking at the commodity charts, Gold and Silver has been doing great, while Platinum Palladium and Copper, have been taking a breather all month.

So it makes sense to me, to take some Silver and Gold miner profits, and to nibble back into Platinum Palladium and Copper miners. Like FCX SCCO for Copper, and or SBSW, IMPUY for Platinum and Palladium.

Even the Steel related miners like NUE, TMST, X, ZEUS are looking good.

Three month views metals:

https://finviz.com/futures_charts.ashx?t=METALS&p=d1

https://www.goldentag.ca/2021/may6-bhwa3

I do too. I’m always thinking they’ll go higher with the price of the metals. Not always the case is it?

USD backing off a bit, hopefully rates will too.

I picked up some apple flavored paste stuff off of Amazon. It was about $7 a tube. Sure seems like cheap insurance to me!

I’m not sure I buy into the “vaccine caused mass die off” scenario but hey you can’t be too careful. At best no one really knows what the ultimate results of being vaccinated with this experimental substance will be.

Cheers

As to gold and silver and the miners I have gold tinted glasses!

ivermectin 1% sterile solution is available here at the local feed store as a vet med.  i was in the navy, i’m a vet.

the form i have is injectable (sq) for cattle and swine.  i’ve been using it on my dogs for years, but orally, not injected.  an effective dosage for mammals is one cc (one ml, 10 mg) per 100 pounds of body weight, monthly for the canines, weekly for primates.

yeah, he’s basing his complete assumptions on T/A. Sometimes it works but usually to the downside, so e has that going for him.

OTOH, as Maddog has said, the Adens have a different look so who knows?

The beauty of T/A is that it’s in the eye of the beholder. 🙂

Look at that SM soar! SM loves inflation!!

“I Don’t Know Of A Bigger Story In The World” Right Now Than Ivermectin: NYTimes Best-Selling Author

So why are journalists not covering it?
Michael Capuzzo, a New York Times best-selling author , has just published an article titled “The Drug That Cracked Covid”. The 15-page article chronicles the gargantuan struggle being waged by frontline doctors on all continents to get ivermectin approved as a Covid-19 treatment, as well as the tireless efforts by reporters, media outlets and social media companies to thwart them.

https://www.zerohedge.com/covid-19/i-dont-know-bigger-story-world-right-now-ivermectin-nytimes-best-selling-author

Poll shows Argentines expect inflation to hit 50% in next year

https://batimes.com.ar/news/economy/poll-shows-argentines-expect-inflation-to-hit-50-in-the-next-year.phtml

Eric Sprott Announces Holdings in Benchmark Metals Inc.

https://finance.yahoo.com/news/eric-sprott-announces-holdings-benchmark-210000227.html

Financing update as Amarillo releases Q1 2021 results

https://finance.yahoo.com/news/financing-amarillo-releases-q1-2021-212900517.html

Wesdome Announces Positive Pre-Feasibility Study and Restart Decision for the Kiena Mine in Val d’Or, Quebec; IRR of 98%

https://finance.yahoo.com/news/wesdome-announces-positive-pre-feasibility-214500188.html

Sokoman and Benton Jointly Acquire Grey River Gold Project in Southern Newfoundland

https://finance.yahoo.com/news/sokoman-benton-jointly-acquire-grey-112300462.html

C2C Gold Corp. Announces Expansion of Newfoundland Projects; Appointment of Chief Financial Officer

https://finance.yahoo.com/news/c2c-gold-corp-announces-expansion-113000065.html

Victoria Gold Announces Normal Course Issuer Bid

https://finance.yahoo.com/news/victoria-gold-announces-normal-course-120000197.html

Mali quashed grant of B2Gold permit to upstart miner – decree

https://finance.yahoo.com/news/mali-quashed-grant-b2gold-permit-201159911.html

B2Gold’s Operations at its Fekola Mine in Mali Continue Unimpeded

https://finance.yahoo.com/news/b2golds-operations-fekola-mine-mali-235500301.html

i-80 Gold Announces C$14 Million Top-Up Subscription by Equinox Gold

https://finance.yahoo.com/news/80-gold-announces-c-14-100000517.html

Artemis Announces Signing of IBA with Nazko First Nation

https://finance.yahoo.com/news/artemis-announces-signing-iba-nazko-110000259.html

Discovery Reports Q1 2021 Financial Results and Update

https://finance.yahoo.com/news/discovery-reports-q1-2021-financial-110000944.html

Galane Gold Ltd. Releases Financial and Operating Results for Q1 2021

https://ceo.ca/@nasdaq/galane-gold-ltd-releases-financial-and-operating-results-09a99

The author did have a lot of good arguments in his article … but he was heavy on the TA which we know has not always been a reliable guide to the gold and silver markets. We may top out for a few weeks and then come right back. I take a few profits here and there but only small bits, I’m mostly fully invested all the time. I think our Bull has a long way to run.

Cheers

10 yr up 3 bps, USD down a little but coming back.

Likely to be a tough day for us.

Thanks for the article. The guy was very thorough and he could be spot on. He’s right about the miners not moving higher with gold, it seems we’ve stalled here at HUI 320.

I guess we’ll have to wait and see what the USD does, whether he’s right about a double bottom and an imminent rally being dead ahead.

I think now more than in the past rates matter but we’ll see what happens.

Cruising Canada VIA Rail
https://railpictures.net/photo/761903/