Mr. Copper
“Decades ago somebody predicted we better watch out for all the US Dollars overseas, they can come back and hit us in the face. With a ton of inflationary prices.”
This is a real problem! Who wants China buying up loads of US farmland? What happens when the Chinese are shipping the food to China and American people are hungry?
Handy Site Shows Percent On It
Click Commodities, it shows a list, and you get a chart.
AU https://markets.businessinsider.com/commodities/gold-price
AG https://markets.businessinsider.com/commodities/silver-price
Roaring Coal https://markets.businessinsider.com/commodities/coal-price
I’ll bet the leaders don’t like this one.
@ipso facto Agreed Physical Silver Held Down
I noticed that decades ago working with sheet metal. Stainless, aluminum, cold rolled steel, copper etc etc. I believe important commodities are “played with” to keep prices as low as possible, for the “greater good” like electric Utilities. Also public service etc. bus, train fares cheap and create expensive jobs too.
When Uranium was “free and natural” it was going doing great. Producers, investors etc. When I heard news, it was going on commodity markets??? I predicted prices would fall, and they DID!!! By a lot. Its ok for produces to barely make it, and ok for investors to lose or win a little are the game goes on.
Everything is very unnatural. But even so, over time, re natural inflation and trends, ($1800 gold anyway) they NEED to keep all producers in business somnewhere. Even if they have to add a tariff on Steel and Lumber, or move the dollar up or down.
Mr.Copper @ 13:25
That means the top is close when they start talking that stupid. (ex. bitcon to a million when it was 60k)
Who could afford the taxes?
Much better value in physical silver.
Cheers
@ipso facto Even $10-$15/oz above spot is cheap.
We bought a chicken cutlet parm hear the other day it was $14. I wonder how long they can keep this abnormal value economy going. I’m hearing $25-$40 million dollar houses?? That means land is alone is worth $24-$39 million. You can build a great structure for a lousy $1 million.
Maybe millions of wealthy foreign born from many nations are flooding into the USA (illegally) with massive amounts of counterfeit money. They take a vacation, buy a house cash, its not illegal, they don’t need a green card, they invest in businesses, go back and forth on vacations etc
Decades ago somebody predicted we better watch out for all the US Dollars overseas, they can come back and hit us in the face. With a ton of inflationary prices.
How much longer is the Dow Chart going to keep making tops?? I thought the triple top ended it. now its a quadruple top. Maybe the die hard gold bugs have started “moving in” and giving new ongoing support. Or the existing crowd keeps adding funds on drops. Lets not forget those employment plans that faithfully add “pay checks” every week.
Mr.Copper
“silver cheap”
Yeah until you try and buy it retail! I guess you could say paper silver is cheap.
I used to own EXN for many years but it seemed like they could never make any money with their operation and they had repeated flooding issues.
Looks like they made some profit in the first quarter … but they have an AISC of $24. Yikes
https://finance.yahoo.com/news/excellon-reports-first-quarter-2021-201700824.html
out for a bit
@ipso facto, Agreed
I just noticed the best performing off the lows, 5 day in a row Silver miner, EXN. Silver is pathetically cheap.
Mr.Copper
Sometimes I think the dollar is just the least worst of the currencies.
If it wasn’t for the rig gold would be $3k or better. IMO
@ipso facto
They have been lifting the Dollar since June, and Gold at $1900+ started dropping in June, and holding $1800 pretty good. Try to imagine the price of gold by now if they didn’t lift the dollar that day starting in June. $2500??
Silver too was $28+ in June, higher dollar now $25. It would have hit $30 easy. I guess we just have to wait until they start dropping it. Maybe they raised the Dopey/Dollar to slow the rise in Gasoline? Or higher to help US consumers have cheaper imported consumer products to help exporting countries?
“Hold Gold As Insurance” – Stockman Warns ‘Reset’ Means “A Crash Of Epic Proportions”
Reagan White House Budget Director and best-selling author David Stockman says, “This is not the time to be invested in the markets…”
“A reset is just a pleasant name or a clinical name for a crash of epic proportions, which we will have because the markets are so inflated. There are trillions of dollars that are at risk. To put a dimension on this thing or a way of sizing this, is we have a $60 trillion bubble on the balance sheets of 130 million people in American society, but especially in the top 5% to 10% that own a huge share of the assets…
I have no thought about how big the correction will be, but if it were just back to the norm… it would be a $60 trillion correction, and that is a pretty big hole in the bucket.
If $60 trillion disappears (out of the U.S. economy), it changes everything. It turns the financial system and economic reality upside down.”
How did things get so perilous in the economy?
Stockman says look no further than Washington D.C. and the Fed. Stockman explains,
“When central banks start to inflate like crazy, you first inflate financial assets. It eventually works its way into goods and services, and that’s where we are now.
You get the second stage of inflation as well. There has never been a small group of government officials, unelected at that, who have done more damage, more wanton harm to the economy and to the lives of ordinary people than (Fed Head) Powell and his merry band of mad money printers. This is really an outrage.
I say these people are damn near criminally incompetent given what they say about the world, which is totally wrong, given what they’re doing, this massive money printing, which is totally unjustified. . .”
Mr.Copper @ 11:06
Let us know how that works for you Mr. Copper!
I’d have to sell some PM shares and I’m not doing that.
@ipso facto
I’m thinking we should mix in some regular stuff like FB AAPL GOOG AMTH MRNA SBUX etc and see what happens. Either we drag them down, or we make some money. LOL.
Benchmark Announces Issuance of Share Purchase Warrants to First Nations Under Exploration Cooperation Agreement
https://finance.yahoo.com/news/benchmark-announces-issuance-share-purchase-200500642.html
Zacatecas Silver Announces DTC Eligibility
https://ceo.ca/@newswire/zacatecas-silver-announces-dtc-eligibility
Colibri’s Option Partner Provides Update on Phase I Drilling at El Mezquite Gold & Silver Project
https://ceo.ca/@newsfile/colibris-option-partner-provides-update-on-phase-i
Monarch Mining Corporation Announces a $11.25 Million Transaction With Gold Royalty Corp.
https://ceo.ca/@accesswire/monarch-mining-corporation-announces-a-1125-million
ST. JAMES GOLD CORP. PURSUES EXPLORATION ON QUINN LAKE PROPERTY ADJACENT TO MARATHON GOLD DISCOVERIES BEING GEARED FOR PRODUCTION, NEWFOUNDLAND, CANADA
https://ceo.ca/@nasdaq/st-james-gold-corp-pursues-exploration-on-quinn-lake
Gold79 Provides an Update on Permitting and Geophysics at Its Jefferson Canyon Project
https://ceo.ca/@newsfile/gold79-provides-an-update-on-permitting-and-geophysics
Golden Arrow Initiates Exploration Program at Yanso Gold Project, Argentina
https://ceo.ca/@newswire/golden-arrow-initiates-exploration-program-at-yanso
Silver Spruce Provides Update on Phase 1 Drilling and Layne de Mexico adds 2nd Drill at El Mezquite Au-Ag Project, Sonora, Mexico
https://ceo.ca/@accesswire/silver-spruce-provides-update-on-phase-1-drilling-and
Musk Metals Commences Exploration on Its Pluto Properties to Follow Up on Recent Discovery of Gold and Copper Mineralization and Announces Flow-Through Offering
https://ceo.ca/@nasdaq/musk-metals-commences-exploration-on-its-pluto-properties
Alex lol
I wonder if they enforce Basel 111 or will there be a 1V or V lol
I wonder if it will not be good for physical due to maybe driving premiums up or PMs all together if they don’t want to see it go up if they have to actually buy it. Maybe they have some hot potato trick up their sleeve.
Basel III is a joke
LBMA was given a ‘get out of jail’ card and is using it .
Look at the gold chart for the last three days .
As soon as London opens , WHAM ! Down goes gold .
One day , truth and honesty will be restored – will we live to see it ?
Gold Train

Southern Belle No More.
Canadian National recently spent 25Bn to purchase
Kansas City Southern, forming a rail empire
spanning Canada, USA, and to Mexico.
https://railpictures.net/photo/766850/
Captain Hook 15:26
I can see why he did it although can understand he isn’t into medicine but why he did it. You had a lot of panic going on and people behind the scenes were perpetuating it by lying about the numbers and media making it worse. He knew more harm was going to be done keeping everyone locked up.
Plus they lied and attacked him when he brought up therapeutics like Hydroxy. No no they want a vaccine. They don’t even know what’s in it or care. They just want to feel safe and that’s their security blanket.
You seen the Karen and Ken types. Panic and to hysteria with these characters. Even Biden, demos and media still doing it. Wanting to keep things shut down or places mandate vaccines.
Videotaping someone not wearing a mask, verbally attacking people not wearing a mask, teachers refusing to go to school even with masked even though kids are at very little risk of getting or passing it.
I don’t want to die while they didn’t exactly look like they were taking care of themselves. Now screaming these non vaxxed who would rather chance the virus than a untested vax are killing people. They pulled that same BS on children in states mandating vaccines before attending school. Same thing if vaccines worked what are the vaxxed worried about. All of a sudden they claim they do work even though they don’t always work. So now you get a gene altering toxin plus the virus then they say oh you won’t get as sick. Oh really, how do they know that on a experimental untested vaccine or was it because of better therapeutics and the virus wasn’t going to kill them in the first place.
Korelin Economics does a piece on Skeena’s PFS released this morning. Skeena was up nicely on the news.
SKEENA RESOURCES – A DIVE INTO THE PFS RELEASED THIS MORNING FOR THE ESKAY CREEK PROJECT
Skeena Resources – A dive into the PFS released this morning for the Eskay Creek Project
Maddog @ 16:14
No worries Mate. I know you don’t think I’m a communist. LOL
Alex Valdor @ 15:16
6 anyways my friend.
goldielocks @ 14:43
Yes the internet is vulnerable … and some people advocate electronic money … another strike against it.
Ipsofacto
I was referring to yr post..nobody hates communism, more than those who lived under it.
Sri for confusion.
