Thomas Jefferson's 1802 letter to Secretary of the Treasury Albert Gallatin discussing banks.? pic.twitter.com/jRs82OhCOR

— Wall Street Silver (@WallStreetSilv) March 17, 2023

If GLD breaks up here, the next stop is the old highs. Looks good for a breakout above 181 or so.

10 yr. down 13 bips

Oil now down almost 2%, what the hell is going on with oil?

Looks like they can in the premarket. NEM, GOLD & AEM all up 1-2%

Ipso – you mentioned some frustration with the juniors in here. Do you think the higher rates and tighter financial conditions the juniors are at risk of funding and the cost of funding?

If they are not producing, the cost of exploration increases along with the costs of financing weigh on earnings. I have to tell you that you do a helluva job with the juniors, I’ve sat on big losses, or through bankruptcy a few times. I dumped my GROY here at the bottom and that is the last junior I have around $2. I do have BTG but I don’t really consider that as risky as some of the other cheap stocks. I’m at the point and age where I’m not willing to take the risk. I do still have a few penny stocks in the retirement, but for trading or holding I’m just in the large caps.

Integra Resources Announces Closing of C$35 Million Financing, Including Strategic Investment From Wheaton Precious Metals

https://finance.yahoo.com/news/integra-resources-announces-closing-c-134200531.html

B2Gold Files Form 40-F

https://finance.yahoo.com/news/b2gold-files-form-40-f-214000552.html

Eskay Mining shares new geophysical interpretation of data at Essay project

https://finance.yahoo.com/news/eskay-mining-shares-geophysical-interpretation-181538858.html

Guanajuato Silver Arranges New US$5,000,000 Facility with OCIM

https://finance.yahoo.com/news/guanajuato-silver-arranges-us-5-201000845.html

Summa Silver Announces Mogollon Project Anniversary Payment Pursuant to Amended Lease Agreements

https://finance.yahoo.com/news/summa-silver-announces-mogollon-project-212000156.html

HighGold Mining Enters into Agreement for Plan of Arrangement to Spin-out Canadian Properties

https://finance.yahoo.com/news/highgold-mining-enters-agreement-plan-100000952.html

Heliostar Announces Closing of C$20.4M (US$15.0M) Private Placement and Provides Ana Paula and San Antonio Transaction Updates

https://finance.yahoo.com/news/heliostar-announces-closing-c-20-103000054.html

Perpetua Resources Announces Full Year 2022 Highlights

https://finance.yahoo.com/news/perpetua-resources-announces-full-2022-110000898.html

Golden Sky Minerals Corp. Receives Shareholder and Court Approvals to Plan of Arrangement

https://ceo.ca/@globenewswire/golden-sky-minerals-corp-receives-shareholder-and

Peerless Asset Quality and High-Potential Prospects Position Barrick for Profitable Growth

https://ceo.ca/@globenewswire/peerless-asset-quality-and-high-potential-prospects

MANTARO PRECIOUS METALS CORP. CLOSES PRIVATE PLACEMENT FINANCING

https://ceo.ca/@newswire/mantaro-precious-metals-corp-closes-private-placement

Victory Announces Exploration Plans for Its Tahlo Lake Project in British Columbia

https://ceo.ca/@accesswire/victory-announces-exploration-plans-for-its-tahlo-lake

Orford Completes Drilling and Confirms 400 m Strike on The Joutel Eagle South Gold Zone

https://ceo.ca/@newswire/orford-completes-drilling-and-confirms-400-m-strike

First Quantum Announces Redemption of $400 Million Outstanding 2024 Notes

https://ceo.ca/@globenewswire/first-quantum-announces-redemption-of-400-million

Silver Bullet Mines Corp. Processes Gold and Silver From Upper Adit at Buckeye Mine Arizona

https://ceo.ca/@newsfile/silver-bullet-mines-corp-processes-gold-and-silver

Founders Files NI 43-101 Technical Report on Antino Project and to Close Assignment of Antino Option on March 20, 2023

https://ceo.ca/@newsfile/founders-files-ni-43-101-technical-report-on-antino

Orla Mining Reports Fourth Quarter and Year End 2022 Results

https://ceo.ca/@newswire/orla-mining-reports-fourth-quarter-and-year-end-2022

Andean Reports Q4 and FY2022 Results

https://ceo.ca/@newsfile/andean-reports-q4-and-fy2022-results

Blue Star Gold Announces Filing of NI 43-101 Technical Report on the Ulu Gold Project

https://ceo.ca/@newsfile/blue-star-gold-announces-filing-of-ni-43-101-technical

Catching a break with bonds in rally mode. 10 yr. up 8 bips

GLD is over $180 this am which will put the RSI above 70. Funny thing is that nothing else in the sector has an RSI of 70. Have to think GLD can keep going above 70 while everything else catches up. The big hope…

Oil is the new gold, it can’t hold a bid, was up $1.30 earlier, now only up $.40

As so often has been the case lately, silver is lagging yet again. Gold bearing down on $1960

edit: Crimex opens in 5 minutes, silver needs help or it’ll take everything into the tank with it.

edit: Crimex opens and silver spikes, gold too. Let’s see if we can hold above $1960 and $22

The Swiss took care of the Credit Suisse and the Mega Banks took care of First Republic with $30 Billion. Fixed!

When they fix things like this isn’t gold supposed to get hammered?

$1950 in play if we can hold it. Bitcoin up almost $1500. Oil bouncing for 2%.

PM’s have been up and steady pretty much all night. Nothing crazy, silver up 1% and gold up $10+ but definitely nice to see.

SM futures are flat, don’t think there is any major eco news.

USD is down 1/2%, nice tailwind. Let’s close the week strong.

edit – silver is still the weak sister and has lost half the games from earlier.

The only easy day was yesterday.

Bullish again but not as bullish as the last report. They’re only a week behind now.

CFTC Commitments of Traders Report – CMX (Futures Only)

Yep, It’s steep!
https://railpictures.net/photo/809963/

How appropriate to follow Ipso’s post showing Fauci’s lying eyes!

Now, Let’s Put the “Lab Leak” Debate to Rest…

Big Banks Agree To Historic $30 Billion Unsecured Deposit Injection In First Republic Bank

https://www.zerohedge.com/markets/first-republic-bank-shares-crash-exploring-strategic-options

My account was taking a beating earlier in the day, but with a little buying into the close it ended up with a scratch. Don’t want to see sideways action too much longer. Fed meeting next week. I can’t think of a single scenario – with the exception of the scum – where the Fed will do anything that won’t be bullish gold. Maybe we have to wait until next Wednesday, hope not.

French President Macron faces motions of no-confidence after forcing through increase in retirement age without a vote in parliament

https://www.dailymail.co.uk/news/article-11869001/Macron-faces-motions-no-confidence-forcing-increase-retirement-age-without-vote.html

This probably what yesterday should have looked like but somehow we found some strength.

We’re fighting rates, but are managing to hang in there.

Good close possibly?

I don’t see how he’s still in there. When isn’t there protesting going on? Tear gas must be the perfume of Paris!

Re Micro…..Democracy is a dirty word to the WEF crew.

They’re setting us up for a wash-out on the jobs #. Hope I’m wrong….

JUST IN – Macron has decided to trigger Article 49.3 to adopt his pension reform plan without a vote in the French National Assembly.

— Disclose.tv (@disclosetv) March 16, 2023

Where will gold end the year 2023

Over $2300 (51%, 19 Votes)
$2100-$2150 (11%, 4 Votes)
$1900-$1950 (8%, 3 Votes)
$2150-$2200 (8%, 3 Votes)
$2200-$2250 (5%, 2 Votes)
Under $1600 (3%, 1 Votes)
$1800-$1850 (3%, 1 Votes)
$1850-$1900 (3%, 1 Votes)
$2000-$2050 (3%, 1 Votes)
$2050-$2100 (3%, 1 Votes)
$2250-$2300 (3%, 1 Votes)
$1600-$1650 (0%, 0 Votes)
$1650-$1700 (0%, 0 Votes)
$1700-$1750 (0%, 0 Votes)
$1750-$1800 (0%, 0 Votes)
$1950-$2000 (0%, 0 Votes)
Total Voters: 37

https://www.louderwithcrowder.com/jim-cramer-inverse

How many times have these equity lefties in our military complex given away hi tech planes and equipment to Russia , China and now the Taliban. I can wonder what these high tech scientists think. Why go through all that if these idiots are going to give them them to the enemy. Never seems to happen to them.
Think it’s time unfortunately to make self destruct mechanisms on them via remote to the pilot who had to land on a island controlled by China to destroy it instead of letting them reverse engineer it or at home after clearance and if they don’t they can show their true treason colors. Also any computerized equipment a pilot or handler could cause to self destruct my keying in a code or wrong code. A safety net from the enemy within.

https://www.theguardian.com/us-news/2023/mar/15/russian-us-drone-jet-recovery

Re ECB staying on top….that means they mught have to cancel a few lunches and when they need some more dosh Lagarde can sell a few designer outfits .

Dutch Farmer Revolt

Dutch (farmers) BBB got the most votes during yesterday’s elections

Zoals ik afgelopen weekend zei;
Het gaat lekker met het vergroenen van Nederland.

Een grote verantwoordelijkheid, we gaan ervoor. En iedere dag BBBeter! pic.twitter.com/DsFuc5jXB6

— Femke Marije (@FemkeMarijeW) March 16, 2023

Shock Elections
Dutch (farmers related) BBB being the big winner of Dutch elections today (senate, not parliament)
Farmers have been protesting gov plans for forced closings for months now, ‘decorating’ the landscape with 1000’s of Dutch flags (upside down) all around the country pic.twitter.com/kjUKBo24YC

— Willem Middelkoop (@wmiddelkoop) March 15, 2023