Loading ...Silver up 2%, keeping gold from a waterfall decline.
Sure looks like a lot of upside pressure is building in silver.
Go ahead and explode silver, your time is well past due.
Just typical
EU Corruption Scandal: Socialist MEP Lived “Lifestyle Of A Movie Star”
https://www.zerohedge.com/political/eu-corruption-scandal-socialist-mep-lived-lifestyle-movie-star
Follow through?
Hard to say for sure as gold is a little wobbly, but silver doing what it needs to do and is in no hurry to retreat. So, at least to start the day, we should be in good shape as long as gold doesn’t turn south with a vengeance.
Rates on the 10 yr. down 4 bips but USD is up a little. Shares are steady.
The Euro bank raised rates 0.5 this am. Shouldn’t hurt the dollar, but we’ll see.
Coffee Time ……. ATH
All Time Highs Coming to a Country Near You ……..
Winedoc
Mr. Copper
Looks like you’ve might have caught the breakout of AGQ, silver trying hard to move up and away from the $24 area this am.
Gold up a couple bucks too, but silver is where the action will be the next couple of days – up 1.4% now.
Silver shares need to lead the way. JMHO as usual..
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Their greed is greater than their conscience
Why Is There A COVID Vaccine Mandate For Students?
snip
“A Cleveland Clinic study of the bivalent vaccines involving 51,011 participants found the risk of getting COVID-19 increased “with the number of vaccine doses previously received”—much to the authors’ surprise.”
https://www.zerohedge.com/covid-19/why-there-covid-vaccine-mandate-students
Gold up tonight
Nice change from the overnight beat down of the last couple weeks.
Might be a decent day tomorrow. Fingers crossed.
MG
Got steak?
BREAKING NEWS:
THE UNITED STATES BEEF COW HERD HAS DROPPED TO ITS LOWEST LEVEL SINCE 1962
What is the Federal Reserve going to do about this?
— Gold Telegraph ⚡ (@GoldTelegraph_) January 31, 2023
Hey Buygold they’re sure making a big deal about $24. Are the shorts sweating it?
Quick move up through $2K?
Paper price is $1970 this evening, I could see a jump up there.
Then again, scum can be nasty on days after Fed meetings and on Jobs Report Fridays – two things to keep in mind. Would need the shares to confirm it but I think the HUI chart looks primed for a good jump.
I think the HUI could be up 10-20% in the next week or two. There I go thinking again…
$24 Silver is an even bigger bomb that should be about to blow – maybe it’s the more important metal?
Party on!
Bonds, Big-Tech, Bitcoin, & Bullion Blast Off As Dovish Powell Pussys Out
https://www.zerohedge.com/markets/powells-dovish-presser-sparks-bid-bonds-big-tech-bitcoin-bullion
PM shares tapped back on close as shorts just keep adding
looks like the Algo’s just see this rally as another chance to add to shorts…..which means, very little of this rally is short covering….so far.
@Maddon re Your Wondering About The Scum Bashing Metals, Who Cares??
We were staring at $1200 Gold in 2018, then the stupid worn out scum gave us $1600 Gold 3 months ago. $1960 now. That was a good year too. I told you guys 100 times. The NWO of 1913 got SCREWED butt slammed by their enemies on 9/11/01, which led the Fed to defend a crashing economy and avoid terrorists’ satisfaction by giving out 110% subprime cheap loans (because so many under paid people) to create a fake Home Depot Real Estate boom which crashed and confirmed my reversal theory with the 2008 financial crisis.
The system is running on fumes and luck. Everything is a disclaimer. Or warning. Country or origin on every imported product. “We warned you” We have a $32 trillion national debt. “We warned you”. So everybody is whistling past the graveyard.
Assistant Manager CVS near by re people steeling, “Don’t Call The Police For Anything Under $500.
Thats petty theft or larceny. A person commits petty theft (sometimes referred to a misdemeanor theft) when the value of the item taken is less than a specified amount, such as $500. The guy told my friend, they actually come in with a list, get everything they need and walk out.
Note, $500 is the old $25. Everything costs 20 X more. On average. The manager even told the assistant manager to help them carry it out to the car.
The thieves these days are not bothered because they are VICTIMES of the US economy, globalization, off shoring jobs, and a minimum wage that is too low to live on. The old $2 s/b $40/hr today.
We all know the Media used to claim 2% inflation for decades to screw Social Security and minimum wage when we all knew it was 7% inflation. Also all the small businesses used gov’t numbers of 2% for raises.
PS Remember that idiot convenience store manager that called the Police because a drug addict named George Floyed tried to pass a fake $20 bill??? The poor cops ruined their lives are in jail, and numerous destructions, burning and looting.
Mr.Copper
Once that break out happens in AG….I wonder if the scum will be able to knock it back….it shud just explode up….good luck.
Re The Fed Concern and Splash Is Over, Maybe We’ll Finally See Silver Break Out
So, for short term play I’m long 200 AGQ at $30.29 and climbing after the 2:00 pm Fed talk. It looks like pretty much all the miners are doing a relief rally now that fed worry is over with .