b/c we all know it can pop just as fast, some fat whales pushing small fish around
This long standing #silver chart is still showing the way. It shows the largest so called long cycle I track, the Kondratieff wave.
Price is respecting the pattern and we now have a huge bullish reversal right on black line.
My price objective for the bull is 370, as a minimum. pic.twitter.com/wut0O2VqAq
— Graddhy – Commodities TA+Cycles (@graddhybpc) September 13, 2022
Buygold @ 19:30
Much more likely that SNWGF will be acquired by a major and won’t be the one to build the mine. This would be much more preferable IMO. Look what happened to Marathon’s SP when they announced that they made the decision to build their mine … they got hammered.
Yep yesterday was gangbusters!
Cassiar Gold Expands Mineralization at the Taurus East Area, with Initial Assays of the 2022 Program Intersecting 1.50 g/t Au over 22.2 m and 4.47 g/t Au over 10.5 m
https://finance.yahoo.com/news/cassiar-gold-expands-mineralization-taurus-100000034.html
i-80 Gold Drilling Expands South Pacific Zone High-Grade at Granite Creek
https://finance.yahoo.com/news/80-gold-drilling-expands-south-100000657.html
HighGold Consolidates Ownership of Yukon Gold Properties in Emerging Reduced Intrusive Related Gold District, Selwyn Basin
https://finance.yahoo.com/news/highgold-consolidates-ownership-yukon-gold-103000749.html
New Found Intercepts 152.1 g/t Au Over 3.85m & 12.98 g/t Au Over 14.95m at Lotto Main Vein, Confirms Continuity of High-Grade Over 220m Strike
https://finance.yahoo.com/news/found-intercepts-152-1-g-103000984.html
Azimut Reports Continuous Progress on the Elmer Property
https://finance.yahoo.com/news/azimut-reports-continuous-progress-elmer-103000615.html
Mandalay Resources Corporation Provides an Exploration Update on Shepherd and the Newly Discovered Kendal Extension
https://finance.yahoo.com/news/mandalay-resources-corporation-provides-exploration-104500534.html
Ascot Intercepts High-Grade Gold at the Big Missouri Deposit Including 71 g/t Over 2.0 Metres
https://finance.yahoo.com/news/ascot-intercepts-high-grade-gold-110000265.html
Reyna Silver Reports High-Grade Silver and Gold Results from Batopilas Sampling 14,371 g/t Silver with 0.6 g/t Au Northeast of the Historic Silver Zone, and 32.6 g/t Au in Newly Recognized East Belt 2 km East of Silver Zone
https://finance.yahoo.com/news/reyna-silver-reports-high-grade-110000068.html
NEVADA KING EXTENDS GOLD MINERALIZATION SOUTH OF THE ATLANTA PIT WITH HIGH-GRADE INTERCEPTS INCLUDING 120.4M OF 1.49 G/T AU & 57.9M OF 1.38 G/T AU
https://finance.yahoo.com/news/nevada-king-extends-gold-mineralization-113000290.html
SCOTTIE RESOURCES EXTENDS DEPTH OF BLUEBERRY CONTACT ZONE TO 360 METRES WITH INTERCEPT OF 7.07 G/T GOLD OVER 24.55 METRES
https://finance.yahoo.com/news/scottie-resources-extends-depth-blueberry-113000664.html
Nighthawk Gold Announces Formation of New Wholly-Owned Royalty Company to Potentially Unlock Value for Shareholders
https://finance.yahoo.com/news/nighthawk-gold-announces-formation-wholly-210000938.html
GoldMining Extends Mineralization At Its La Garrucha Target, La Mina Project, Colombia: Drill Results Include 431.23 m at 0.73 g/t AuEq
https://finance.yahoo.com/news/goldmining-extends-mineralization-la-garrucha-110000321.html
Intrepid Metals Identifies New Geophysical Targets at Tombstone South and Prepares for Drilling
https://ceo.ca/@newsfile/intrepid-metals-identifies-new-geophysical-targets
Teuton Resources Reports Preliminary Results from a 350 m Step-out Hole, GS-22-151-W1, with 59.53 g/t AuEq over 1.5m, and In-Fill Hole GS-22-154 with 2.02 g/t AuEq over 180.0 m including 3.18 g/t AuEq over 93 m at Treaty Creek, Golden Triangle, BC
https://ceo.ca/@thenewswire/teuton-resources-reports-preliminary-results-from-a
Chesapeake Provides Metallurgical Update for Metates
https://ceo.ca/@newsfile/chesapeake-provides-metallurgical-update-for-metates
American Creek Reports Preliminary Results from a 350m Step-Out Hole, with 59.53 G/T AuEq over 1.5m and In-Fill Hole with 2.02 G/T AuEq over 180m Including 3.18 G/T AuEq over 93m at the Joint Venture Treaty Creek Property, Golden Triangle, British Columbia
https://ceo.ca/@newsfile/american-creek-reports-preliminary-results-from-a-350m
Heritage Mining Ltd. Provides Field Program Update and Completes Airborne Geophysical Survey at its Flagship Drayton-Black Lake Property
https://ceo.ca/@newsfile/heritage-mining-ltd-provides-field-program-update
Marathon Announces $150 Million Bought Deal Financing
https://finance.yahoo.com/news/marathon-announces-150-million-bought-194700783.html
Ashley Gold Corp. signs agreement to acquire Howie Lake Property
https://ceo.ca/@thenewswire/ashley-gold-corp-signs-agreement-to-acquire-howie
GSilver Provides Exploration Update Showing Historical High-Grade Intercepts at VMC
https://ceo.ca/@accesswire/gsilver-provides-exploration-update-showing-historical
Dolly Varden Silver Intersects 1.60 meters of 4,326 g/t Ag, 4.2% Pb, 1.4% Zn and 1.0 g/t Au within 19.85 meters Averaging 584 g/t Ag at Wolf Vein Extension
https://ceo.ca/@newsfile/dolly-varden-silver-intersects-160-meters-of-4326
GOLDEN SHIELD DRILlS 10 M AT 2.68 G/T GOLD AND 4 M AT 7.77 G/T GOLD, CONFIRMING HIGH-GRADE DEPTH EXTENSION AT MAZOA HILL DEPOSIT AND DISCOVERS FIVE ADDITIONAL PROSPECTS, TWO DRILL READY
https://ceo.ca/@newswire/golden-shield-drills-10-m-at-268-gt-gold-and-4-m
Mundoro Provides Q2-2022 Project Portfolio Update and Outlook for H2-2022
https://ceo.ca/@newsfile/mundoro-provides-q2-2022-project-portfolio-update-and
Summa Silver Reports Additional High Grade Results from the Hughes Project, Intersecting 535 g/t AgEq over 4.6 m Including 1,273 g/t AgEq over 1.4 m
https://ceo.ca/@newsfile/summa-silver-reports-additional-high-grade-results
Monarch Reports 5.69 g/t Au Over 9.69 m (31.8 ft) at McKenzie Break
https://ceo.ca/@globenewswire/monarch-reports-569-gt-au-over-969-m-318-ftat
Great Panther Mining Announces Letter of Intent to Sell the Coricancha Mine in Peru
https://ceo.ca/@newswire/great-panther-mining-announces-letter-of-intent-to
C3 Metals Discovers Large-Scale Epithermal Gold-Copper Vein System at Arthurs Seat, Jamaica
https://ceo.ca/@newsfile/c3-metals-discovers-large-scale-epithermal-gold-copper
Orea Obtains Approval of French Sanctions Authorities for Acquisition of 100% of 5 million Ounce Montagne d’Or Gold Deposit
https://ceo.ca/@newswire/orea-obtains-approval-of-french-sanctions-authorities
Orezone Intersects 23.00 m of 2.84 g/t Gold at P17S Extension at Its Bomboré Gold Mine
https://ceo.ca/@globenewswire/orezone-intersects-2300-m-of-284-gt-gold-at-p17s
Almadex Reports Successful Site Visit and Sampling Program and Discusses Historic Drilling Results from the Logan Zn/Ag Project in Yukon Territory
https://ceo.ca/@globenewswire/almadex-reports-successful-site-visit-and-sampling
American Pacific Mining Announces Filing of 43-101 Technical Report for the Gooseberry Project and Receives Amended Drill Permits
https://ceo.ca/@globenewswire/american-pacific-mining-announces-filing-of-43-101
Makes sense now
as to why the rally in the shares was so weak. Scum knew this would be hot.
Inflation numbers hotter than expected. Time to get crushed. I know the HUI must go back to at least 185-190, because we always test bottoms multiple times.
Ugly day
Morning Oasis, you too treefrog
I’m afraid you are going to entice me into buying some recaf. Why is it moving like that? Someone seems to see some growth in the coming years? Are they a newer company?
Looks like the markets are setting up for a weaker inflation report, which supposedly is bullish for everything.
USD down .5%. Listened to someone on FOX biz yesterday who said the dollar is in for a major correction, I could see that happening unless somehow these rates reversed course?
Anyhoo, CPI comes out in an hour and will definitely move the markets no matter what.
Palladium taking it on the chin after a couple of good days.
recaf
up 65% in the last few days. closed today on HOD. fireworks tomorrow?
Ipso
yeah, that makes sense. So they are looking for $450 million build out their discovery. Those drill holes better hold up! 🙂
Crap, I didn’t see that it moved up 25% today!
Buygold
So far so good …
Now as long as the drill holes say what the SP thinks they are!
Good Ipso
Didn’t get a chance to watch today, hopefully that’s one that takes off!
I guess rates came back up killed our little rally a bit. Silver sure had an interesting day, I think when we get $2+ moves we’ll find out who has no clothes.
We’ll see what happens when the CPI comes out in the morning.
BREAKING:
Deputies in 18 districts of Moscow and St Petersburg have signed a statement demanding that Putin resign.
"President Putin's actions are detrimental to the future of Russia and its citizens."#Putin #UkraineRussianWar #Russia pic.twitter.com/JtB4mmq9xB
— WhereisRussiaToday (@WhereisRussia) September 12, 2022
Azimut Announces a Reduction in Outstanding Shares by 3.5% with the Closing of the Eleonore South Sale Transaction
https://finance.yahoo.com/news/azimut-announces-reduction-outstanding-shares-171500907.html
Fortuna extends gold mineralization at Sunbird and identifies new regional prospects at Séguéla, Côte d´Ivoire
https://finance.yahoo.com/news/fortuna-extends-gold-mineralization-sunbird-090000720.html
Integra Announces 11,000 m Drill Program on 60 Million Tonnes of Low-Grade Gold-Silver Mineralized Stockpiles From Previous Operators, Potential to Increase Mine Life and Expand Production
https://finance.yahoo.com/news/integra-announces-11-000-m-103000387.html
Yamana Gold Announces the Completion of Technical Reports on Minera Florida, Cerro Moro, Wasamac, and MARA Which Add to the Previously Filed Reports on Core Material Assets Including Canadian Malartic, Jacobina and El Peñón and Completes the Filing of Technical Reports on All of the Company’s Major Mines and Projects
https://finance.yahoo.com/news/yamana-gold-announces-completion-technical-120300873.html
GR Silver Mining Announces Infill Drilling Results at Plomosas Mine Area – 5.7 m at 514 g/t Ag, including 1.0 m at 1,634 g/t Ag
https://finance.yahoo.com/news/gr-silver-mining-announces-infill-101500505.html
HighGold Mining Intersects 21.7 g/t Gold over 11.9 Meters at DC Prospect, Johnson Tract Project, Alaska
https://finance.yahoo.com/news/highgold-mining-intersects-21-7-103000943.html
C2C Reports 120 g/t Gold From Dunnage Property Sampling Program, Northern Newfoundland
https://finance.yahoo.com/news/c2c-reports-120-g-t-110000116.html
Fury Gold and Newmont Complete Consolidation of Joint Venture Interests and Define Nine Targets at Éléonore South Gold Project
https://finance.yahoo.com/news/fury-gold-newmont-complete-consolidation-110000296.html
Goliath Drills 51.6 Meters* of Sulphide Mineralization Including Massive Galena in Quartz Veining and Breccia Expanding the Surebet Zone Discovery, Golden Triangle, B.C.
https://finance.yahoo.com/news/goliath-drills-51-6-meters-114500742.html
VIZSLA SILVER EXPANDS COPALA WITH MORE BONANZA-GRADE SILVER
https://finance.yahoo.com/news/vizsla-silver-expands-copala-more-120000187.html
Liberty Gold Announces new BLM Plan of Operations, USFS Notice of Intent and the Purchase of Private Mineral Rights at its Black Pine Oxide Gold Project, Idaho
https://finance.yahoo.com/news/liberty-gold-announces-blm-plan-100000604.html
Caribou Silver Copper Project Acquired by Norseman Silver
https://ceo.ca/@thenewswire/caribou-silver-copper-project-acquired-by-norseman
CopAur Minerals Provides Overview of Historical High-Grade Gold Drill Intercepts at Kinsley Mountain Gold Project
https://ceo.ca/@newsfile/copaur-minerals-provides-overview-of-historical-high-grade
Vista Gold Corp. Provides Update on Strategic Process
https://ceo.ca/@businesswire/vista-gold-corp-provides-update-on-strategic-process
Orogen Royalties and Altius Minerals Form Nevada Generative Alliance and Announce Acquisition of the Cuprite Epithermal Gold Project
https://ceo.ca/@accesswire/orogen-royalties-and-altius-minerals-form-nevada-generative
Seabridge Gold Receives Class 4 Exploration Permit for Its 3 Aces Project Drilling Now Underway at the Hearts Zone
https://ceo.ca/@newsfile/seabridge-gold-receives-class-4-exploration-permit
C3 Metals Intersects 309.0 Metres at 0.44% Copper and 0.33 g/t Gold in First Assays from Bellas Gate Project, Jamaica
https://ceo.ca/@newsfile/c3-metals-intersects-3090-metres-at-044-copper-and
Marathon Gold Provides Berry Infill Drill Results
https://ceo.ca/@globenewswire/marathon-gold-provides-berry-infill-drill-results
Revival Gold Intersects 6.2 g/t Gold Over 14.2 Meters Within 3.6 g/t Gold Over 51.5 Meters at Beartrack-Arnett
https://ceo.ca/@globenewswire/revival-gold-intersects-62-gt-gold-over-142-meters
Orezone Pours First Gold at the Bomboré Mine
https://ceo.ca/@globenewswire/orezone-pours-first-gold-at-the-bombor-mine
Omai Gold Drills 2.27 g/t Au over 33.9m, 6.28 g/t over 7.3m, and 1.92 g/t over 20.3m at Wenot; Updated NI43-101 Resource Study Underway
https://ceo.ca/@newsfile/omai-gold-drills-227-gt-au-over-339m-628-gt-over
Tier One Silver Commences CSAMT at Curibaya to Refine Copper Porphyry Targets
https://ceo.ca/@accesswire/tier-one-silver-commences-csamt-at-curibaya-to-refine
Morning R640
Crypto’s and pm’s really outperforming this am as the USD and Rates slide a bit.
As usual, we’re having our little battle at any and all round numbers.
R640 – I think that raging inflation is going to end up being deflationary, but if the USD starts to fall in earnest that might keep inflation going for awhile, meanwhile demand is crashing and layoffs are coming.
Looks like we may have just won that battle at $1740. Expect the same at $1750.
Buygold=YES!! There are powerful inflationary biases percolating throughout the economy – unlike anything experienced in decades. Got silver?
Credit Bubble Bulletin
There are powerful inflationary biases percolating throughout the economy – unlike anything experienced in decades. Importantly, securities markets no longer completely dominate and dictate system financial conditions. Lending and bank Credit have become powerful drivers of Credit growth, along with ongoing deficit spending and the expansionary GSEs.
While it’s mum’s the word when it comes to Credit growth, Fed officials undoubtedly know the numbers. They must also know that inflation will not be moving back to their 2% target until they orchestrate a marked Credit slowdown (with myriad negative consequences). They’ve been forced to abandon the notion that tinkering with market financial conditions would do the trick. Now, it’s press ahead with a major tightening cycle until something works. And between the Z.1 and recent speculative market dynamics, there is certainly no reason to backtrack from the “they’ll hike until something breaks” thesis.
5:21 EST
looks like we could have a good day, USD getting smashed again down almost 1%
Silver up 2.23%
Still a lot of time before the markets open, but surely on the right track for now.



