Loading ...Yes they do have farther to fall … unfortunately our PM shares are going along for the ride.
Gold looks much better than silver. It’ll be interesting to see what the commercials are doing in the next COT report.
“Silver is just plain disturbing.” Yeah disturbing like in Psycho!
If our market was the movie Psycho we’d be in the “Shower Scene.”
That’s a pretty good list of the blue chip high flyers, and they probably have plenty of room to fall if this is like 08′. I actually think this is more like 2000-02′ but either way, they have a lot more to fall.
The shares are really taking an outsized hit compared to gold, maybe not silver.
I think these scumbag bankers are probably going to pick some up whenever they feel like they’ve crushed enough.
Silver is just plain disturbing.
And the whole financial system is getting weird. It’s not uncommon for big wars to breakout when a financial system is imploding. I paid $6.40/gallon this morning.
Imagine Russia and or China fighting against Europe and dragging the USA into it? Like the last time? WW II? After the depression and hyperinflation in Germany? Who do you think would win these days? We probably won’t be here.
Carnage so far in 2022
Netflix -72.4% = worst year on record
Facebook -43.9% = worst on record
Amazon -36.8% = worst since '08
Tesla -30.5% = worst on record
Microsoft -22.5% = worst since '08
Google -21.6% = worst since '08
Apple -17.5% = worst since '08— Jonathan Ferro (@FerroTV) May 11, 2022
Endeavour Silver (EXK) Tops Q1 Earnings and Revenue Estimates
https://finance.yahoo.com/news/endeavour-silver-exk-tops-q1-120512917.html
Kinross’ (KGC) Earnings Miss Estimates, Revenues Flat in Q1
https://finance.yahoo.com/news/kinross-kgc-earnings-miss-estimates-154303173.html
Wesdome Announces 2022 First Quarter Results and Appointment of Chief Operating Officer
https://finance.yahoo.com/news/wesdome-announces-2022-first-quarter-203000545.html
Fortuna Reports Net Income of $27.0 million in the First Quarter of 2022
https://finance.yahoo.com/news/fortuna-reports-net-income-27-204900403.html
Pan American Silver reports revenue of $439.9 million in Q1 2022
https://finance.yahoo.com/news/pan-american-silver-reports-revenue-211000932.html
Torex Gold Reports First Quarter Financial Results
https://finance.yahoo.com/news/torex-gold-reports-first-quarter-220000628.html
International Tower Hill Mines Files 2022 First Quarter Financial Results
https://finance.yahoo.com/news/international-tower-hill-mines-files-120500355.html
Freegold Announces Shorty Creek Drill Results
https://finance.yahoo.com/news/freegold-announces-shorty-creek-drill-123500024.html
First Majestic Reports First Quarter Financial Results and Quarterly Dividend Payment
https://finance.yahoo.com/news/first-majestic-reports-first-quarter-110000057.html
Moneta Increases Resources to 4,265,000 Oz Gold Indicated and 7,496,000 Oz Gold Inferred at Tower Gold Project
https://finance.yahoo.com/news/moneta-increases-resources-4-265-214200675.html
New Placer Dome Gold Obtains Final Order For Plan Of Arrangement
https://finance.yahoo.com/news/placer-dome-gold-obtains-final-193000676.html
Eloro Resources Files Updated NI 43-101 Technical Report on Iska Iska Project
https://finance.yahoo.com/news/eloro-resources-files-updated-ni-202200258.html
Mandalay Resources Corporation Announces Financial Results for the First Quarter 2022
https://finance.yahoo.com/news/mandalay-resources-corporation-announces-financial-211500921.html
Karora Reports First Quarter 2022 Results and Appointment of Meri Verli to the Board of Directors
https://finance.yahoo.com/news/karora-reports-first-quarter-2022-110500853.html
Victoria Gold Reports 2022 First Quarter Results
https://finance.yahoo.com/news/victoria-gold-reports-2022-first-123200014.html
Benchmark Advances Gold-Silver Project with Technical and Permitting Work Towards a Mining Decision
https://finance.yahoo.com/news/benchmark-advances-gold-silver-project-130000563.html
I saw this quote in a Note from an analyst.
‘U.S. equity mutual funds and
exchange-traded funds notched $37
billion in outflows over the past four
weeks, the biggest four-week total since
late 2018, according to Goldman Sachs. ‘
Have the scum sold short all the new PM buying and way more……that is very possible.
I just paid $6.04 a gallon for 100 gallons. That’s more than Sunoco high test. Crazy, maybe it’s time to convert my 1929 furnace back to coal?
It’s pretty frustrating! If I thought the SM had good prospects I’d have invested there instead.
You’re right the miners should be running counter to the SM … especially with the metals higher.
Yup we are joined at the hip to the SM….which is just so ‘effing stupid, as PM’s are the classic SM hedge.
What I wonder is where is all the money going from the SM, as no other sector is bullish here.
Oh Boy the scum just decided to save the SM…..all those cheap bargains out there.
Biden Disinformation Czar Demands Power To Edit Other People’s Tweets
You are so right Maya! Yes, the MIC profits immensely, as do the politicians taking their tithe. All the supporting countries to this morass in the Ukraine, are sending obsolete, and old armament there, setting up an increase in their own respective countries defense budget, so that they can replenish with the latest, and greatest “veggie – matic” military hardware. I am so saddened that so many people really pay no attention, to the real history of what has, and what is happening in this world.
Parts
“Just last Tuesday afternoon, for example, Working Group officials gathered in a conference room at the Treasury Building. They discussed, among other topics, the risks of a stock market decline in the wake of the Dow’s sudden surge past 7000, according to sources familiar with the meeting. The officials pondered whether prices in the stock market reflect a greater appetite for risk-taking by investors. Some expressed concern that the higher the stock market goes, the closer it could be to a correction, according to the sources.”
The red book is intended to make sure that no matter what the time of day, SEC officials can reach their opposite numbers at other agencies of the U.S. government, with foreign governments, at the various stock, bond and commodity futures and options exchanges, as well as executives of the many payment and settlement systems underlying the financial markets.
“We all have everybody’s home and weekend numbers,” said a former Working Group staff member.
The Working Group’s main goal, officials say, would be to keep the markets operating in the event of a sudden, stomach-churning plunge in stock prices — and to prevent a panicky run on banks, brokerage firms and mutual funds. Officials worry that if investors all tried to head for the exit at the same time, there wouldn’t be enough room — or in financial terms, liquidity — for them all to get through. In that event, the smoothly running global financial machine would begin to lock up.
The Fed’s reaction to the 1987 market slide, which Corrigan helped oversee, is a case study in how to do it right. The Fed kept the markets going by flooding the banking system with reserves and stating publicly that it was ready to extend loans to important financial institutions, if needed.
The Fed’s actions in October 1987 read like a financial war story.
The morning after the 508-point drop on Black Monday,
https://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm
LOL Yeah what’s he talking about! MUX has only been going down for 5 years there’s plenty of time left! What a woose!
I actually feel kind of sorry for McEwen …
Dunno what Otto is complaining about….I can show him charts that are way worse, well I can’t because the Co’s don’t exist anymore….this is a Mans biz….tell him to man up.
ORVANA REPORTS CONSOLIDATED FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2022 AND PROVIDES REVISED GUIDANCE
https://ceo.ca/@newswire/orvana-reports-consolidated-financial-results-for-the
Americas Gold and Silver Corporation Reports First Quarter 2022 Results
https://ceo.ca/@businesswire/americas-gold-and-silver-corporation-reports-first-32ade
I happen to be in the morbidity business; I'm the CEO of a large insurance group, and we underwrite morbidity risk … Based on what it is we are seeing, the rates right now, excess mortality at 84%, and excess every kind of disease at 1100%" pic.twitter.com/h8PhrgUF13
— I own nothing (@but_im_happy) May 9, 2022
Here’s a response from someone I know who is Ukrainian. Was talking about causes. Hes okay with Americans hearing from Ukrainians themselves than msm.
He said they won’t stop with just one space. Look at our borders and illegals. When anyone asks just how many is enough you don’t get a answer because it will never be enough until we put on the breaks:
First it has nothing to do with NATO. The war started in 2014 when people kick Yanukovich out who was without a doubt a criminal. Yanukovich was Putin puppet and they robbed the treasury and destroy the military. Putin was going to come in like a white knight and save the day but was identified as a partner with Yanukovich. Putin then stole Crimea when Ukraine basically had no money and no military because of Putin. Loser Biden who was along with Obama did nothing. So with Crimea they immediately moved on Eastern Ukraine to try the same game. The independent republics were BS and gaining independence with massive amounts of Russian weapons flooding in under the disguise of aid. The same game was played in Georgia, Moldova and even Finland in the very beginning. Invade and we will quit after you give us part of your territory. They have did it over and over and NATO excuse is for those who haven a clue.
