Biden: "I’ll paraphrase the phrase of my old neighborhood: The rest of the countries, the world is not a patch in our jeans, if we do what we wanna do, we need to do." pic.twitter.com/s9XccTkQpw
— Greg Price (@greg_price11) January 4, 2023
Highlights from the Chief
Maddog
yep, good, strong moves and closes. Battle for $1850 resumes in the spot market.
Rates falling back down, same with the USD.
The stars are aligned for the pm’s to rally…
Buygold @ 1:54
Interesting … gold’s reaction to the good unemployment report wasn’t what would be expected. Still a little groggy here on the west coast so I haven’t seen much but we’re looking good so far.
Cheers
bubblevision is saying
Dec. non farm payrolls up 223,000 vs 200,000 expected … but the market is up because wage growth has slowed. FWIW
Guanajuato Silver Expands Equity Financing to C$8.5M
https://finance.yahoo.com/news/guanajuato-silver-expands-equity-financing-235000032.html
Moneta Provides 2022 Year-End Review & 2023 Plans
https://finance.yahoo.com/news/moneta-provides-2022-end-review-115000962.html
NEVADA KING INTERCEPTS HIGH-GRADE OXIDE GOLD WEST OF ATLANTA PIT INCLUDING 4.0 G/T AU OVER 29M & 1.9 G/T AU OVER 78M; DRILLS INTO GOLD MINERALIZED INTRUSIVE ROCK AT DEPTH
https://finance.yahoo.com/news/nevada-king-intercepts-high-grade-123000313.html
Stallion Gold to Acquire Athabasca Basin Properties
https://ceo.ca/@globenewswire/stallion-gold-to-acquire-athabasca-basin-properties
Red Pine Reports its Best Intersection in the Hanging Wall of the Jubilee Shear Zone: 5.13 g/t gold over 37.47m, including 25.20 g/t gold over 3.41m
https://ceo.ca/@globenewswire/red-pine-reports-its-best-intersection-in-the-hanging
Minera Alamos Files Technical Report and Preliminary Economic Assessment for the Cerro De Oro Project
https://ceo.ca/@newsfile/minera-alamos-files-technical-report-and-preliminary
2023 Mineral Resource Estimate Update, North Lake Gold Deposit, northeastern Saskatchewan, and Corporate Update
https://ceo.ca/@newswire/2023-mineral-resource-estimate-update-north-lake-gold
Caledonia Mining Corporation Plc: Completion of the acquisition of the Bilboes gold project in Zimbabwe and appointment of Executive Director
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plc-completion-of-the
LUNDIN GOLD ANNOUNCES EARLY REPAYMENT OF GOLD PREPAY FACILITY
https://ceo.ca/@newswire/lundin-gold-announces-early-repayment-of-gold-prepay
Wow
shorters @ 1850 expecting the scum smash, are now crapping themselves…
Buygold
We need some strong closes to help the TA picture……so far we have a chance the mkt may provide them.
Jobs Report a miss
223K vs expectations of 263K.
SM jumped but coming back in, pm’s about the same. Rates initially dropped, then popped.
Looks like a nothing burger but at least we’re not getting crushed.
Just thinking about time and what Midnight Gardener said
about being patient and sitting tight.
Been in this game of pm’s for 20 + years and I’m probably less capable of sitting tight than when I was just a few years in. Mainly because I’ve seen a lot of head fakes over the years and have seen a lot of gains come and go thinking “this was it”.
Let’s hope this time is the last time and we get the 10 baggers that have been so elusive over the years. Hope that we finally see $5K gold and $100 silver we’ve been promised for so long. Bitcoin type moves.
USD up, 10 yr. up 5 bips, pm’s flat, so the table is set for the jobs report. Hoping for a strong close to the first week in 2023. Hope is a helluva drug. 🙂
Ipso
HUI and shares held up surprisingly well yesterday. Another good sign of things to come?
Jobs report today, be nice if we bucked the usual trend of getting smashed.
Time for things to change and for pm’s to move higher for a while?
Weather
This is a good one for any relatives you have in California, He used to work for airlines guiding planes in. Learned a few things from him, He gives detailed reports on weather and what’s coming, normal weather channels tend to be bias.
Lots of speakers manana
Maybe higher volatility of all sectors.
Sideways with sm reached top of channel yesterday and bottom today. Wedge narrowing. So will tomorrow’s volatility drive it below support or will it bounce back?
2023
I remember some years ago, around 2018 or so, a chart was posted that looked like 2023 was the year the gold bull would really go. Cant remember who posted the chart but it was one of the many good technical guys who post once in a while. I thought back then, no way. The gold bull will start sooner than that.
Well, its 2023, Im looking forward to, wave 3 of the gold bull taking off. Since all Ive been doing since wave 1 in 2020 is building positions. Yes, the down times are tough to sit through. Be right and sit tight has taken way longer than I initially thought.
MG
Maddog @ 15:03
Lots of truth’s there! We need to take back our country.
Maddog @ 14:2
Gotta love the developments at Twitter! Elon better watch out … they are after him.
Mr.Copper @ 14:04
In the scenario I talked about the printing would bail out the banks or some other financial establishment. The gov can’t allow a contagion to develop. It’s pretty much a certainty that this would happen.
It’s not all disaster though. If we can throw the WEF people out then we’ve got a chance.
The Coup We Never Knew
https://amgreatness.com/2023/01/04/the-coup-we-never-knew/
If VDH is talking about it, then it will get serious wings…..
ipsofacto
SME…correct.
I think another hole in the Rig, is what went on at Twatter and of course Goggle and Faceplant etc.
LurkerSince95
Cheers tks.
Which means that as they are viable, they are being held back, especially now, as energy demand is driving prices to the Moon.
@ipso facto re your and then we’ll see the printers hum.
But the money has to go directly to the public somehow if they want people to spend it. But then again, they raised rates to curtail spending. They are screwed. They started taking chips work away from China, the way they started taking work away from us after 1970. I think they may have waited too long to build us back up. It might be in a global master plan, re the new Ellis Island on the southern border. 1890 1910 that’s when the global banker players decided to build us up with tons of printed money after 1913. Highways bridges, factories etc.
I’m sure Henry Ford and all the others re steel railroad mogels all did well until ’29, then ’34 they started a new round or printing and did well again. Once we got all wealthied up by 1970, they pulled our plug. Now they are pulling the plug on China after they got wealthied up and plugging us back in, maybe.
Basically they would have to get rid of foreign competition for domestic businesses, make then very profitable like Henre Ford for ex and we would have to make our own consumer products here like we used to. Excess profits and excess wages we would be able to prosper and pay down debt with taxes instead of building it up. Everything has to reverse. Its been full circle. The rest of the world needs a well off USA if they want to milk us again later on.
MADDOG………….. small nukes
entirely possible (designs have already been submitted for gov approval)
but 100 MWe are too small to supply large cities like NY or LA or Miami
(note: US navy has had over 200 + small nukes operating for many years without a single ACCIDENT !)

