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https://www.bitchute.com/video/WlH2ey8jKloL/
Pretty encouraging IMO. Maybe people are beginning to wake up…. Lotsa Deep State exposure and also some warnings about possible EMP blamed grid and internet outages FWIW!
Ororeef
I don’t Expect it to be exact but cool chart.
MARCH
is a SEASONAL LOW for Golds….dont capitulate ! look at the charts for March !! BUY dont sell ! BUY March 30 and JULY 4
Pretty nasty downturn today in the PM shares!
… but we were getting quite overbought. Probably need to deal with that before we go higher. Now as long as we don’t have one of those multi month corrections! I don’t think we are … too many bullish factors.
Maddog
“MBS Invites Xi Jinping To Riyadh To Strengthen Ties”
Since the bedrock of the dollar is the petro-dollar this could be enormous!
Maddog 15:57
If Trump were still in office we could get you oil plus we could do business with the Canadians despite Trudeau. They wouldn’t have to resort to this. But perhaps of they and the Clintons didn’t talk Ukraine out of giving up their Arms maybe Putin would of thought twice in the first place.
But we have political whores in office here and anyone mixed with the NWO. If they cheat in their own home what’s stopping them from cheating on the next.
Buygold 15:09
If gold breaches 1950 by much I’m getting out and maybe pick up some shorts. I heard Apple is pulling out of China. I got a message on ameritrade that there is things in the works about freezing anything Russian, even mutual funds. So that’s probably affecting the market. Then we have the Fed raising rates coming up and will they try to prop up the market or curb inflation and make it higher than expected?
Gold/ Silver will be forming a head and shoulders if it drops below support. There no reason not to be worrying long but I try to stick to a certain percentage of loss and sell than waiting for it to recover especially in commodities it works better that way. I can then buy more on the dip.
Gold dropped to 1952 and recovered. Practically right on the line.
Who is the Boss …Now ?????
BoJo Begs Saudis For More Oil As MBS Invites Xi Jinping To Riyadh To Strengthen Ties
Mr. Copper
I don’t follow Sibanye, but it might be a little overdone if it’s like everything else. Everything I do follow is selling off on below average volume.
Course if we keep going down I suppose volume will increase.
This selloff doesn’t really scare me too much, there are some potentially bullish stuff happening this week and we should hold up at HUI 280. JMHO
iopsofacto
Re Chile
Agree yr right to be nervous……seems like it is a perpetual curse in SA, as soon as they get $ 10 and a roof over their head they go all socialist.
@Buygold re Palladium getting murdered,
So did SBSW, Sibanye Stillwater PGMs miner way down and 7.6% x div date coming up March 24. Usually they all go down after a div payout. I did good with this one way back I may tip toe into it now.
SM is in a slow moving crash
Slowly at first and then all at once?
That money has to go somewhere. I’m betting on gold and silver, although silver is acting like an industrial metal today.
Anyone really think this will be resolved anytime soon?
4th Round Ukraine-Russia Talks “Paused”; UN Says Over 2.8 Million People Have Entered Neighboring Countries
Foreign Minister issues appeal to West: “To those abroad scared of being ‘dragged into WWIII’. Ukraine fights back successfully. We need you to help us fight.”
Maddog @ 11:05
Yeah I’ve noticed what’s going on as well, more South American countries turning leftward. I hate to see it, it’s a certain dead end. Hope you’re right about Lefty Boric and how he doesn’t have enough support to pass his radical agenda. Still it makes me nervous.
Cheers
Palladium getting murdered, platinum down a couple %
Doesn’t appear there is anywhere to hide today. Everything is down.
I took a shot at PALL down 15%, FCX and NEM and more IMPUY. Mostly just for today if they work out.
Gold is really outperforming only down 1.28%. I’m surprised the HUI is still above 300
ipso facto
Re Chile one of our papers had a piece on South America is going left all over …in the case of Chile people ain’t too fussed as Boric doesn’t have the Congress with him, so even though he is only 36 and a clear commie cretin…he will not to be able to be too radical…least ways for a while etc.
The article is behind a pay wall here..so cannot link. But it was in Sunday Times,…..u might get it for free.
Peter Schiff
A lot of people think, well, as soon as this thing gets resolved, the price of gold is going to crash, and so I’m not going to buy these gold stocks based on a temporarily inflated gold price. … If you think the gold price is going to crash once we have some type of resolution of this Russia situation, you are reluctant to pay up for these gold stocks.”
But Peter said he doesn’t think an end to the Russia-Ukraine war is bearish for gold. He did concede that the price of gold would likely drop on the day we get news that the war is resolved and sanctions are lifted. But Peter said it won’t stay down.
Before too long, whether it’s a matter of days or maybe a matter of weeks, gold will make a new high. Because gold is going up regardless of what goes on with Russia and Ukraine.”
https://www.zerohedge.com/markets/schiff-gold-neared-record-highs-week-and-its-not-just-russia
Morning Buygold
“Have to remember that just like oil and inflation, gold was moving up before the Ukraine thing and hopefully will return to most favored currency.”
Exactly right! Gold would have continued up Ukraine invasion or not. I think it just speeds things up a bit.
Barrick’s Interest in Reunion Gold Corporation Decreases Below 10%
Allegiant Gold Announces a C$4.0 Million Strategic Investment by Kinross Gold Corporation for Exploration at the Eastside Property
Karora Delivers Record Revenue of $264 Million and Cash Flow Provided by Operating Activities of $106 Million in 2021
NEVADA KING ANNOUNCES DTC ELIGIBILITY OF ITS COMMON SHARES IN THE UNITED STATES
Fortune Nickel and Gold Attains Drilling Permits in the Timmins Area of Ontario
https://ceo.ca/@newsfile/fortune-nickel-and-gold-attains-drilling-permits-in
Cerrado Gold Closes US$20 Million Stream Financing Agreement with Sprott Resource Streaming and Royalty to Fund the Monte do Carmo Gold Project in Brazil
https://ceo.ca/@newsfile/cerrado-gold-closes-us20-million-stream-financing
Marathon Gold Announces Purchase of Net Profit Interest Royalty on Valentine Gold Project
https://ceo.ca/@nasdaq/marathon-gold-announces-purchase-of-net-profit-interest
OUTCROP INTERCEPTS 2.2 METRES OF 2,790 GRAMS SILVER EQUIVALENT AT SANTA ANA AND ADDS TWO HIGH-GRADE SHOOTS TO POTENTIAL RESOURCE
https://ceo.ca/@newswire/outcrop-intercepts-22-metres-of-2790-grams-silver
Turquoise Hill Acknowledges Privatization Proposal Received from Rio Tinto
https://ceo.ca/@newswire/turquoise-hill-acknowledges-privatization-proposal
Ivanhoe Mines Secures Options to Power Its Tier-one Platreef Palladium, Rhodium, Nickel, Platinum, Copper and Gold Mine in South Africa with Solar and LNG-Generated Electricity
https://ceo.ca/@newsfile/ivanhoe-mines-secures-options-to-power-its-tier-one
TDG Gold Corp. Intersects 115.5 Metres of 1.27 g/t Gold Equivalent from Surface in the Jm Zone, Shasta Project, Toodoggone District, B.C.
https://ceo.ca/@accesswire/tdg-gold-corp-intersects-1155-metres-of-127-gt
Dundee Corporation Announces Acquisition of Shares of SPC Nickel Corp.
https://ceo.ca/@nasdaq/dundee-corporation-announces-acquisition-of-shares-1c8fe
Just noticed rates are ripping higher. 10 yr. up 7 bps to 2.07%
So, the Fed stopped buying treasuries last week. Looks like the bond market needs them.
Speaking of the Fed, we have a meeting this week and I guess I could see pm’s weak for a couple days prior to the meeting and then take off after the meeting as they will put out a dovish statement, and they’ll return to being “data dependent”
Interesting that the DOW futures are up but the Nasdaq is down. Bitcoin flat. This little bump in the futures may not hold today. I suppose we’ll know after the first hour.
I would’ve thought that pm shares would be getting hit harder in the premarket. GDXJ, GDX only down 1% or so.
Morning Ipso
“That would be great to have a negotiated peace! We’d take a short term hit but OK.”
Yeah, I agree. This Ukraine thing is tough to watch. I think we’ll probably have a few iterations of peace breaking out, and like today, commodities will all take a hit. USD taking a little hit with them today.
I don’t know how ugly it will get on this pullback, but knowing how brutal these pullbacks usually are, I’m afraid to hazard a guess. Gold might be about to get real volatile, silver even more as usual.
Have to remember that just like oil and inflation, gold was moving up before the Ukraine thing and hopefully will return to most favored currency.
Lastly, I have a hard time believing that Russia is begging China for help with the war, maybe the economic side which we already know. There’s so much propaganda on both sides it’s hard to know what the truth is.
Maya
If he is younger than us a he claims and needs the shot believing he will stay alive he’s throwing stones in a glass house.
Less things change by morning the PMs will dip. Plus we got interest rates news. With the equities looks already factored in but someone said that if they keep it at .25 it might dip a bit and recover but at the rate of inflation they could make it .50 and if it does he’s out and going short this week.