What a disaster!
The headline of the Week pic.twitter.com/uAL8QekFiN
— Willem Middelkoop (@wmiddelkoop) March 24, 2023
Some police stepped down in Paris and joined the people pic.twitter.com/ACGMA6pBZW
— karma (@karma44921039) March 23, 2023
Buygold
“Can we hold a third day of follow thru?”
I sure hope so! We’ve got a lot of losses to make up.
The way the shares are trading
makes me think gold might break free from $2K.
Looking good. The shares are less overbought than gold.
Are US and Canadian companies safe in Mexico?
US Firms No Longer Safe In Mexico? Army Commandeers US-Owned Marine Terminal
We’ve heard many heartbreaking stories of American tourists venturing into Mexico only to be kidnapped or, worse, killed in crazy cartel drug war battles. It appears these days, no one is safe across the southern border, not even US-owned companies.
Bloomberg reported that Mexican marines and police officers seized US construction firm Vulcan Materials’ port terminal near Playa del Carmen in southern Mexico.
Footage from the seizure showed a long line of police and military units entering the property last Tuesday.
Roll up, roll up…get yr cheap Gold here…scum will sell u all u want at $2000 and that is the bargain
of the century, when it is trading with 4 noughts…..roll up, roll up.
Ipso – bullish indeed
Shares outperforming to start the first hour of trading. Even NEM leading for now.
Can we hold a third day of follow thru?
Poll Results … A bullish tone
Where will silver end the year 2023?
Over $26 (71%, 25 Votes)
$24-$25 (14%, 5 Votes)
$21-$22 (6%, 2 Votes)
$25-$26 (6%, 2 Votes)
under $15 (3%, 1 Votes)
$15-$16 (0%, 0 Votes)
$16-$17 (0%, 0 Votes)
$17-18 (0%, 0 Votes)
$18-$19 (0%, 0 Votes)
$19-$20 (0%, 0 Votes)
$20-$21 (0%, 0 Votes)
$22-$23 (0%, 0 Votes)
$23-$24 (0%, 0 Votes)
Total Voters: 35
Buygold
Re DB
There is no-one in Germany with what u would call serious stature….there is no Bundesbank head who can terrify mkts …..and anyway it is now subordinate to the ECB and the lovely Lagarde who can barely spell Central Bank.
Plus the ECB is not supposed to be able to print Bonds etc……this was not part of their plans when the Zero was built…….
Stoltz the Chancellor is a weak joke….and the whole government is a coalition cobbled together….not strong at all…..
ororeef, maddog
ororeef – good story. There are so many people that pass through in our lives, we never know what their purpose is for being there.
maddog – doubt the markets are selling off for no reason. Europe down 2% across the board. Looks like we’re in a little battle for $2K in the spot market, $2020 in the futures.
Have you noticed ?
UTILITIES stocks have been dropping like a ROCK ,especially Dominion Energy “D”,& Adams Resc “AE”
Paramount Gold Takes Another Stride Forward to Permitting Grassy Mountain
https://finance.yahoo.com/news/paramount-gold-takes-another-stride-110000973.html
Mexican Federal Economic Competition Commission Approves Pan American Silver’s Arrangement with Yamana and Agnico Eagle
https://finance.yahoo.com/news/mexican-federal-economic-competition-commission-110500418.html
CMC Metals Awards Drill Contract for its 2023 Exploration Programs
https://finance.yahoo.com/news/cmc-metals-awards-drill-contract-163500654.html
Ascot Reports 2022 Annual Results
https://finance.yahoo.com/news/ascot-reports-2022-annual-results-001500393.html
Metallica Metals Uncovers PGM and Lithium Potential at Sammy Ridgeline Project, Thunder Bay North District, Ontario
https://ceo.ca/@newsfile/metallica-metals-uncovers-pgm-and-lithium-potential
IMPACT Silver Announces 2022 Financial Results Including Positive Mine-Level Operating Earnings
https://ceo.ca/@newsfile/impact-silver-announces-2022-financial-results-including
Searchlight Resources Receives TSXV Approval for Purchase of the Bootleg Gold Property
https://ceo.ca/@accesswire/searchlight-resources-receives-tsxv-approval-for-purchase
Marathon Gold Announces 2022 Fourth Quarter and Year-End Results
https://ceo.ca/@globenewswire/marathon-gold-announces-2022-fourth-quarter-and-year-end
Golden Minerals Files Initial NI 43-101 Technical Report for Yoquivo
https://ceo.ca/@businesswire/golden-minerals-files-initial-ni-43-101-technical-report
WESTERN COPPER AND GOLD ANNOUNCES STRATEGIC INVESTMENT BY MITSUBISHI MATERIALS CORPORATION
https://ceo.ca/@newswire/western-copper-and-gold-announces-strategic-investment-99a77
Orefinders Plans to Update TSXV Listing Status to a Mining & Investment Issuer
https://ceo.ca/@newsfile/orefinders-plans-to-update-tsxv-listing-status-to-a
Atalaya Mining PLC Announces Filing of New Riotinto PEA Technical Report
https://ceo.ca/@accesswire/atalaya-mining-plc-announces-filing-of-new-riotinto
Caledonia Mining Corporation Plc: Proposed fundraise of approximately US$13 million (approximately £10.5 million)
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plc-proposed-fundraise
Euro Sun Announces $1 Million Private Placement
https://ceo.ca/@globenewswire/euro-sun-announces-1-million-private-placement
Kiboko Gold completes 10,870 m of drilling over 68 holes at its Harricana Gold Project, located 55 km north of Val-d’Or, Québec
https://ceo.ca/@businesswire/kiboko-gold-completes-10870-m-of-drilling-over-68
Orezone Reports Fourth Quarter and Full Year 2022 Results
https://ceo.ca/@globenewswire/orezone-reports-fourth-quarter-and-full-year-2022-results
Goldshore Resources Announces Brokered Private Placement of up to $5 Million
https://ceo.ca/@globenewswire/goldshore-resources-announces-brokered-private-placement
Morning maddog
Interesting to have Deutsche Bank tanking on a Friday. Should create a lot of fear today. Who’s going to want to take any big long positions going into the weekend. We know these failures get announced on Friday’s after the close or Sunday’s.
Nice to see us flat and holding the line.
Durable Goods Miss
gave us a $5 pop, then took it right back. Silver looks good, up 1%.
Silver may be just what the Dr. ordered.
How not to make friends and influence people
March 24 (Reuters) – A steep selloff in banking stocks hit European indices on Friday as worries about the stability of the financial sector intensified, with the news of a U.S. probe on Credit Suisse and UBS further souring the mood.
https://finance.yahoo.com/news/1-european-stocks-fall-deutsche-101957138.html
First u blow up that pipe line, then u cause a bank crash….anyone would think a demented idiot was in the Oval office.
Morning Buygold
I see DB is minus near 10 %….this is the beast that has either 17 or 70 times German GDP in Derivatives……ie it is too big to bail….and it is full of dirty linen…
I see that it is CDS’ that are driving this move……why they still exist is beyond me…..
No wonder the mkts are reacting.
Deutsche Bank on deck
FOX Business noting that DB’s stock is falling, as it may be the next domino to fall. That would explain the weakness in the futures market and the Euro markets.
Sorry folks
I don’t know if I missed it or things just turned but the SM futures are down pretty hard.
Rates are also down hard. 10 yr. @ 3.29% Dollar still up near .5%
European markets are ugly as well.
Oil getting crushed for 4%
Appears it may be an exciting day.
maddog
You may be right about the scum, maybe $2K will be a struggle. GLD has an RSI right around 70 now, no doubt it’s vulnerable.
I just don’t see a single thing that is bearish out there for pm’s other than the USD and rates.
I still see us getting above the HUI 250 level before any pullback. Just a guess.
edit: Well hell, in the time it took me to type this, gold has come back to flat and silver up $.13. Looks like silver is the key.
0515 EST – Opening Salvo
Waking up to a little weakness this am, but nothing too scary. USD getting some upside follow-thru from yesterday’s late day rally. Would think we’re looking at rates that are slightly higher as well, but can’t confirm just yet.
Silver might just surprise us today to the upside, as it is flat. Never know but now up $.04
We’ve managed to recoup the week’s early losses, hopefully a sign of good things to come.
Maddog –
“…..the Rig is all they have left..but they sure ain’t gonna give up…. ”
heh heh heh… no they will never give up. They can’t so they won’t. They will not lose their god given advantage. ever. until “it doesn’t matter anymore”.
Gold crosses $2K, nary a word from the corporate media
Let’s keep it that way. I’m still not sure whether gold is even on most peoples radar. Judging from our little site, it doesn’t appear there are a lot of new folks getting in. Maybe $2,500? $3,000?
Volume was below avg. again in most of the shares. I didn’t realize the dollar came all the way back and finished up on the day. Makes the day even more impressive, although rates did get monkey hammered. I don’t think we’ll see the 10 yr. back over 4% this year, unless there’s something I can’t see.


