I’m actually really surprised rates are up with the dollar down. Not what would be expected based on the jobs report.
I figure if they are going to come into crush pm’s they’ll do it in the first hour.
I’m actually really surprised rates are up with the dollar down. Not what would be expected based on the jobs report.
I figure if they are going to come into crush pm’s they’ll do it in the first hour.
It ain’t so easy to Rig rates, as sellers want all the cash…It’s one thing selling paper mkts and never paying margin etc, as delivery is rarely demanded, but when a cash Bond seller sells, he/she has to get the cash .
Re Rates…wud u lend China Joe 2 cents…I wouldn’t…nor it seems will anyone else…
FX dealers ain’t stupid….they can see only the Rig moves mkts like this……those moves are jokes.
235 vs estimates of 750K
Knee jerk is nice gains in pm’s but the scum is already starting to pair them back and rally the USD.
Hopefully we can hold some gains.
I see the metals are up a little this morning before it comes out. Not sure that is a good thing but we’ll find out in a half hour or so.
Armstrong keeps reiterating that the only thing that will drive gold up is the loss of confidence in the Government.
So I’m confused because if so then why isn’t gold at 5000 going on ten, twenty thousand when Biden got put in office.
So who is it, the bankers, Wall Street, Feds the Congress printing press or all.
Since we got Oscar Cortez wanting the Feds to “re imagine” if that wouldn’t be a loss of confidence don’t know what would be but doubt if they’re going to listen to her or hope they don’t,
Bonterra Intersects 9.4 g/t Au Over 3.3 m, Including 61.7 g/t Au Over 0.5 m From the Ongoing Expansion Drilling at Gladiator
https://finance.yahoo.com/news/bonterra-intersects-9-4-g-124500726.html
Benchmark Expands Marmot Zone to over 350 Metres Strike-Length with Broad Intersection of Alteration and Mineralization and Remains Open for Expansion
https://finance.yahoo.com/news/benchmark-expands-marmot-zone-over-130000300.html
Sokoman and Benton Confirm High-Grade Gold and Receipt of Drill Permits for Grey River, Southern Newfoundland
https://finance.yahoo.com/news/sokoman-benton-confirm-high-grade-160700722.html
Donlin Gold Initial 2021 Drill Program Results Continue to Deliver for Project Advancement
https://finance.yahoo.com/news/donlin-gold-initial-2021-drill-190500485.html
“Vaccine Billy” LOL I’m pretty sure he’s a cousin of Beelzebub!
Yep today wasn’t so bad considering …
I remember those old days at Gold Eagle when we were planning the menu for the victory dinner when gold hit $500. It turned out to be an anti-climax. Now we’re quite a bit higher but the shares are stuck.
Tks for the Armstrong link…..he does get it ……and bloody Vaccine Billy is a massive menace.
Its up 47% today, up 300% in a few months, but its 92% down since 2016. Its on my Break-Outs list. No shares available to short as per Schwab. Either short covering going on, or a buying panic for some reason..
https://finviz.com/quote.ashx?t=any&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=ANY&ty=c&ta=0&p=m
Lots of chat going on:
One thing we need is a few take overs at nice premiums. Majors are running through their reserves and will need to pick up some juniors. Then we’ll find out what gold in the ground is really worth.
If you don’t take time to watch this and see what is happening now that people are waking up, you must be one of the walking dead, and God help you!
Seems to be a Sargasso Sea situation. We are becalmed until …