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— De Generaal ? (@DeGeneraal_NL) April 21, 2022
D’oh!
Smoke signal?
Watching FOX Business. They had a header labeled “market selloff” except the market isn’t really selling off much – less than 1%. Nasdaq is actually up a little.
I bought a little NEM but missed that bottom at $70 by a mile.
Important news for Pure Gold Mining today
Newmont Announces First Quarter 2022 Results
https://finance.yahoo.com/news/newmont-announces-first-quarter-2022-110000328.html
Maple Provides Drilling Update on Optioned Globex’s Eagle Mine Gold Property
https://finance.yahoo.com/news/maple-provides-drilling-optioned-globex-154000351.html
Scorpio Gold – Interest to Debenture Holders in Shares
https://finance.yahoo.com/news/scorpio-gold-interest-debenture-holders-231500600.html
PureGold Secures Financial Agreement with Sprott Resource Lending, Provides Mine Operations Update and Announces Management Change
https://finance.yahoo.com/news/puregold-secures-financial-agreement-sprott-103000875.html
NEVADA KING ANNOUNCES CLOSING OF $11,250,000 FINANCING
https://finance.yahoo.com/news/nevada-king-announces-closing-11-113000079.html
Sarama Resources Completes Equity Raising for Dual Listing on The Australian Securities Exchange
https://ceo.ca/@accesswire/sarama-resources-completes-equity-raising-for-dual
Plato Gold Reports on 2021 Year-End Results
https://ceo.ca/@nasdaq/plato-gold-reports-on-2021-year-end-results
Baru Gold Provides Update on Community Relations on Sangihe Island and Legal Victory for Indonesian Government
https://ceo.ca/@thenewswire/baru-gold-provides-update-on-community-relations-on
Tembo Gold Announces Completion of Sale of Non-Core Licences to Barrick Gold and Strategic Equity Investment
https://ceo.ca/@newsfile/tembo-gold-announces-completion-of-sale-of-non-core
Manitou Gold Closes Agreement to Sell 100% Interest in its Dryden Properties
https://ceo.ca/@nasdaq/manitou-gold-closes-agreement-to-sell100-interest
O3 Mining Files Early Warning Report in Respect of Cartier Resources Inc.
https://ceo.ca/@nasdaq/o3-mining-files-early-warning-report-in-respect-of
AUGUSTA GOLD ACQUIRES FULLY PERMITTED LOW-COST HEAP LEACH GOLD PROJECT SEVEN MILES FROM ITS BULLFROG PROJECT IN NEVADA
https://ceo.ca/@newswire/augusta-gold-acquires-fully-permitted-low-cost-heap
Lion Copper and Gold Corp. Announces Proposed Shares for Debt Settlement
https://ceo.ca/@newsfile/lion-copper-and-gold-corp-announces-proposed-shares
What do we get today?
USD up, oil down. Haven’t seen rates yet but assuming they’re up.
SM in trouble again. Bitcoin down a little.
PM’s in trouble too, although the shares aren’t really cratering in the premarket.
As always, we’ll see what happens.
Oasis server…
…seems to be working fine. Fast, snappy response now. But the general web traffic is suffering. I imagine a lot of cyberwarfare going on. Yesterday I was unable to secure a connection at all on the TOR network.
Step by step into oblivion …. sure hope it ain’t true! When we need statesmen we have nwo psychopaths
USA targeting of Moskva ship is Russia’s “Pearl Harbor” … RETALIATION is Putin’s next move, and the USA just handed him all the domestic support he needs
https://www.naturalnews.com/2022-04-21-usa-targeting-of-moskva-ship-is-russias-pearl-harbor.html
Strange this morning on the Dow. Talking heads were all bullish on stocks and air lines and started that way but the charts were saying something else that said don’t trade them yet won in the end.
Ag had a vote going on hope that’s not the reason it sold at resistance AGAIN. I didn’t vote and hope those that didn’t know what their voting didn’t either,
Mro oil had a vote before then but didn’t bother them at all. Royalty’s in gold did good until now.
Mr.Copper
What I find so stupid, is that supposedly the mkt reacts to higher rates, see todays action, as if that is the answer…..yes raising rates to fight inflation is the answer…except they are barely acknowledging inflation, just a stronger economy…but far more serious is the fact that inflation is building …..and the whole world knows debt levels are so vast, that rates 2 % would kill the economy…..
I read the other day that a 1 % increase would cost over $ 1 Trillion in new taxes to pay for it !!!!!
@Maddog re Powell Fighting Supply Shortages and Higher Prices, by Raising Rates?.
The money managers are idiots. I heard he’s raising a half point in May. For all we know, the selling off in Bonds and higher rates may be going up against their will, so they act like or imply THEY are in control raising them.
They were originally allegedly fighting a deflation, remember? Trying to get the fake inflation numbers back up to 2%. Well, all my life they have been under stating the true cost of living increases. So when it was below 2% it was probably a positive 5%. On average its been 7% cost of living inflation for decades.
Thats why houses went from $40,000 to $400,000 plus and should be higher are behind the curve. The cops around here make $200,000/yr middle class pay. Their labor union pay is just keeping up with true inflation. The used to make $10,000 per year middle class. Times 20 is $200,000 middle class.
But you are right. If the higher prices are because of shortages, how are higher rates going to create more supply? I guess they want to create a recession to kill or lower demand to match lower supply. Idiots.
I remember when they raised rates to 21%, as if the low rates caused higher prices. But it was removal of the Gold backing on the Dollar in 1971 that lifted the prices to 1980 anyway. Even with the headwind of higher rates, sucking money out of the system. Imagine if they DIDN’T raise rates?? The “inflationary ’70s” would have been a lot worse.
RECAF
a beacon of green in a sea of red.
We should hold around here
I think. Especially if the HUI closes back above 310.
Heavy volume in the shares not what I like to see unless we get a big reversal into the close.
Presumably Powell is saying he has it all under control, so don’t u worry yr little heads
which if true, shud make everyone run for the hills, as fast as they can, as what he controls ain’t worth diddly squat…..when what is driving prices is supply and War…….and the scum can do damn all about any of that….
Not a good day at all
Seems commodity stox are getting hammered all over…check some of the Oils and the spreads against Phys are horrible.
Major scum mugging on the back of Powell…if the SM is bad….PM’s must be way worse….No doubt all the usual suspects have front run the whole thing.
Gold A Respectable $1,940/Oz Even Though: Ten Year Bond Yield Up To 2.95%, US Dollar Index Over 100,
And naturally, the related shares, move like 10-1 leveraging on the futures market. So annoying because share buyers are so different than futures contracts buyers. Lately in metals and mining sectors, steel has a lot of green.
Wow what a pasting!
The scum ain’t done yet!
Ipso
Yeah I know but look at all those people in Michigan who lost their homes due to incorrect taxes and they didn’t do the tax math or they did anf a woke or corrupt tax office didn’t.
They’ll find out in the real world.
It isn’t going to cut it in the real world or if they want a career where certain math is required. They’ll flunk out.
With other things they’ll argue it’s a different opinion and try to get out of it that way. They can’t do that with math. They can try but like I said I’ll take 5 instead of 4. There gonna be competing with other countries on top of it.
When my grandson was 6 I let him go to the dollar store with a few buck he earned. He already knew what he wanted and knew food had no tax and asked me if I had a few cents change for one item that required tax before he even went inside. That’s one thing good about boys though, they know what they want and get in and out. Parents can teach them just as well.
goldielocks
The public schools sure aren’t giving kids a good education! Much of their time is spent indoctrinating kids with left wing ideas.
That idea that 2+2 doesn’t always equal 4 and that math is somehow racist really makes me smoke!
Ipso
Never saw the movie so looked up the plot. That sounds about right. That’s what parents will have to do. Pull they’re kids out of the system.
goldielocks
“We have the inmates running the asylum.”
We sure do! That old movie “Idiocracy” comes to mind.


