Loading ...Bitcoin isn’t showing inflation either as it is flat and trying to hold 30K.
I guess the Fed is buying bonds this am? Someone is, although it’s not helping so much as rates are pushing 3% again.
The only thing that might give me hope is if gold is up $50, silver up a couple bucks and the HUI up 30 pts.
Platinum up again. Go figure.
Franco-Nevada (FNV) Earnings Miss Estimates in Q1, Shares Down
https://finance.yahoo.com/news/franco-nevada-fnv-earnings-miss-161004687.html
Kinross reports 2022 first-quarter results
https://finance.yahoo.com/news/kinross-reports-2022-first-quarter-212500917.html
UPDATE 1-Gold miner Newmont anticipates moving forward with Peru mine expansion – CEO
https://finance.yahoo.com/news/1-gold-miner-newmont-anticipates-004506558.html
CMC Announces Exploration Operations Have Commenced on Its Newfoundland Properties and the Appointment of a New Chief Geologist
https://finance.yahoo.com/news/cmc-announces-exploration-operations-commenced-133000679.html
McEwen Mining: Q1 2022 Results
https://finance.yahoo.com/news/mcewen-mining-q1-2022-results-210800308.html
i-80 Gold Drilling Intersects 7.1 g/t Au over 78.6 m including 10.1 g/t Au over 41.8 m at Ruby Hill
https://finance.yahoo.com/news/80-gold-drilling-intersects-7-211500927.html
Rupert Resources Reports New Drilling From Ikkari and Heina South Extending Known Limits
https://finance.yahoo.com/news/rupert-resources-reports-drilling-ikkari-110000737.html
Sokoman Minerals Outlines Proposed 2nd and 3rd Quarter 2022 Exploration on Newfoundland Projects
https://finance.yahoo.com/news/sokoman-minerals-outlines-proposed-2nd-111500923.html
Timberline Drills Significant Oxide Gold at the Oswego Target, Eureka Project, Nevada
https://finance.yahoo.com/news/timberline-drills-significant-oxide-gold-113000613.html
NEVADA KING INTERCEPTS 3.28 G/T OF OXIDE GOLD OVER 21.0M AT SOUTHWESTERN EDGE OF ATLANTA GOLD MINE PIT, BATTLE MOUNTAIN TREND, NEVADA
https://finance.yahoo.com/news/nevada-king-intercepts-3-28-113000238.html
GoGold Releases 2022 Q2 Financial Results
https://finance.yahoo.com/news/gogold-releases-2022-q2-financial-123000771.html
Golden Sky Minerals Provides Update for Airborne Geophysical Survey from its Eagle Mountain Project in the Cassiar Gold District, British Columbia
https://finance.yahoo.com/news/golden-sky-minerals-provides-airborne-114500449.html
SilverCrest Reports Q1, 2022 Financial Results
https://finance.yahoo.com/news/silvercrest-reports-q1-2022-financial-201500752.html
The way bonds are trading tells u the print was way higher etc and that causes the SM to tank, which as we all know means PM’s must tank as well, as PM’s do NOT reflect in any way at all inflation.
or any other kind of bad news like WW III, being round the corner.
CPI up 8.3% vs. estimates of 8.1%. Core inflation up 6.2% vs. est. of 6.0%
We all know inflation is bad for pm’s.
Looks like we might bounce today although we have the CPI coming out and that might be reason enough to sell us back down, regardless of the number.
USD up a tick, 10 yr down to 2.93%. Oil up nicely – almost $4
Looks like $1850 is now resistance, because, why not?
“Billions spent on War materials not spent ..prosperity for everyone.”
Nope… no prosperity for the Industrial-Military war machine. And they are the ones that DEMAND it from the bought-and-paid-for politicians. The president and congress no longer run this country. The ‘War Machine’ does. The only way this will stop is when (not if) somebody EMPs the US or otherwise nukes the US war machine, and takes down the dollar and banking system. Gawd awful scenario. But that’s the only way this all will stop… when the US can no longer print money to buy war materials.
12 mins in he mentioned if u make 250k after taxes you have left $150k
I’ve thought there were major problems for years now, and there are, but they don’t seem to manifest and they sure as heck don’t help pm’s.
So, you’re probably right but what makes this crisis any different from the last one that was papered over?
The markets are screaming at us! I just don’t understand what they are saying.
Huge market orders were coming in today signaling some huge funds may be liquidating. The ranges today were unbelievable. The day traders were getting killed because they couldn’t get out close to where they wanted.
D. R. Horton, the big home builder has been in a steep decline while earning huge profits.
The USDX keeps going up with record inflation. The old correlations are gone.
Be very careful my friends. Something is very wrong.
Biden: "The number one threat is the strength, and that strength that we've built is inflation." pic.twitter.com/Tgpeao1Of7
— Greg Price (@greg_price11) May 10, 2022
Agree. How would we react if Mexico had Russian nukes on their soil.
You absolutely cannot believe anything that comes out of our media or Gov’t. with regard to anything related to Ukraine.
I heard that the Russians have taken in 1.4 million Ukrainians. I suspect there are a lot of them that prefer Russian rule. Many more than the media is letting on.
Thanks for posting.
Maddog – lord knows we’ve been conditioned to the up and mostly down moves so, the normal pullbacks no sweat, but to think that pm’s aren’t rigged is just nuts. Also, the magnitude of the moves down, the HUI has gone from 335 to 250 – a 35% loss in two weeks. That’s something that should happen once a decade, not on every single rally attempt. We’ve done nothing but rally and crash for the last 20 years.
I can’t believe I’ve let these guys steal from me for the last decade. I think gold and silver and the pm shares, commodity, or whatever that hasn’t made gains since 2011. Everything else has gone up 10 fold.
One thing is sure, gold is absolutely not insurance or protection from market turmoil. It has never been again since 2011. I remember when the banksters met with Obama and the next day gold was hit for $200 or something.
My wife told me the other day that she didn’t think gold would ever get to $3K. She may be right given what we’ve endured repeatedly for the last 10 years. If I cash out, what then? Can’t keep it in dollars, can’t buy stocks that are overvalued by 200%. Real Estate? Nope, real estate is just starting to crash. I’ve been looking at some homes in Florida, everyday there are homes that are dropping the ask price and the inventory appears to be rising.
I’m not sure how far down gold and silver are going to go. Maybe back to $1100? HUI back to 135? Maybe they can get the paper price to zero.
Rant over. Good luck to all of you guys, I know some of you are in the same boat.
This whole fiasco, was never about territory, resources, and a large part, not really about the atrocities being inflicted on the Eastern Ukrainians by the Kiev regime. It was the slow walk to being a NATO member by the cadre of European, and USA war hawks, wanting to place nuclear weapons on the Russian border. This has been being ginned up since 2014.
why didnt they offer to SELL CRIMEA and Dumbass to the Russians ? this whole war would have been avoided //They speak Russian anyway…Russia has the money..They could have raise the oil price to Ukrainians to pay for it..Ukraine gets a bench of money up front and by raising the oil price Russia gets a long term asset with nat gas in place in (Crimea).Everybody wins ,nobody dies,Billions spent on War materials not spent ..prosperity for everyone.
I could take the ups and downs of mkts, iof it wasn’t all one way in the PM’s….they barely follow the SM to the upside….S&P went up near 7 fold from 07 to 22….but PM’s get all the downside and more…recent behaviour is close to the worst ever …but that is what u get in a rigged mkt…until it breaks.
Ok I’ll settle for Bubba.
apologies one forgets he’s head of state as well.
You may recall that I really like the train pics that Maya posts here.
Well, I like trains.
Ran across this rather lengthy, but detailed article about possible reasons for the “supply disruptions” going on.
The writer describes the troubles that have come with running 16,000 foot long trains.
He goes into the construction and running of these multi-mile long trains.
Amazing, and to me, a very disturbing story.
https://www.railwayage.com/regulatory/it-is-getting-worse-people-are-leaving/
Silver Futures – DOWN 16 days in a row !
I can’t remember ever seeing anything like it before – what was the catalyst for such a whacking? – the world on the brink of nuclear war?
$21 of imaginary money for an ounce of refined miracle metal is a sick joke. the world is nuts.
Outrageous!
Since we want to keep the Oasis an ongoing concern, it’s not a good idea to advocate the maximum penalty for public officials no matter how strongly we feel about it. No matter if we’d like to see numerous scumbags lined up and run over by tracked vehicles we shouldn’t really say it here.
That being said how bout a life sentence for him with a giant celly named “Bubba.” 
