Just in from NOAA:
No warming in the US since January 2005, despite 44% more atmospheric CO2.
If every emission warms the planet, where's the warming?https://t.co/9hM6Zu4hdr pic.twitter.com/dhkRqxarHi
— Steve Milloy (@JunkScience) May 18, 2023
… because it’s all a crock of shiite!
Buygold
I think you will have time to get back into the golds if you want to. Good luck!
February 27, 2021, Johnson & Johnson boasted that the FDA approved the first single-shot vaccine. However, the company admitted that 41% of those who participated in the vaccination study had comorbidities
The corrupt FDA still allowed it to be prescribed, knowing that almost half of the study participants had negative side effects.
deer79, Ipso
I’m not above diving back in, it’s what I watch. I just think whatever happens will not happen overnight.
In fact, I just picked up a big chunk of WPM. I think we’re going to close above my levels as the SM sells down. But still, these things always revisit the lows and may bounce here.
Hope this is the bottom though, I’ll dive back in. 🙂
I picked up a little ARKK, and more of the Bullfrog AI warrants.
SLV back above $21.50
That’s a positive. HUI trying to hold 250, that’s positive, but can gold crack $1980 on the close?
Gold Versus US Dopey/Dollar Since 9/11/01, USD Is Losing Against Gold
On this chart, the US Idiot Dollar is pretty much at the same value as 2000:
https://finviz.com/futures_charts.ashx?t=DX&p=m
On this Gold chart, is Gold the same value as it was in 2000?
https://finviz.com/futures_charts.ashx?t=GC&p=m
I don’t see any problems with Gold’s price with todays values. Also by the way, Gold’s all time high at $2,065 on May 4th only 2 weeks ago or 10 trading days ago is only 5% lower.
My guess is the futures traders and all were looking at the same charts and looking at the two prior $2000 highs, one in August 2020 and the 2nd one in March 2022, and figuring a typical drop would unfold and actually made it happen. My guess is everybody might get fooled this time around, and this correction won’t be anywhere near as long as the prior two, and we’ll see new highs above $2100.
https://finviz.com/futures_charts.ashx?t=GC&p=w
Buygold
Best of luck to you. I can certainly understand why you’re shifting gears to watch the tech stocks. A part of me is a bit jealous as well. I’m too stubborn to decouple my belief that this whole financial house of cards is not far from collapsing, and in theory, tangible assets with no attachment to debt, should do well.
But who knows what games the cretins will try to save face……
Buygold @ 11:25
HUI getting close to oversold territory. Just sayin …
No reason you can’t post about tech stocks here!
Sorry folks, I lied
I dumped all my shares. So, I suppose they are free to rally.
Somehow they are going to pull this off for another summer. Hard to believe. Maybe the introduction of the CBDC will spark some interest. I don’t know.
The COT Reports continue to be the most accurate indicator of where we’re going and it’s been screaming sell for weeks.
As for me, I will be chasing tech. I think this AI thing has legs. GLTA
So much wasted energy and money going against the rig. I’m truly exhausted, but sober as it gets.
If we do turn (as we should)
if for nothing else a T/A bounce, we need to reverse completely and end the day Higher.
Maddog – the customer service really is mindboggling. These companies, large and small need to remember or be reminded who their customers are. Say hello to Bud Light and -27% sales, Miller Lite next – on tap as it were. 🙂
Dementia Joe expounds …. also known as Mr. Swiss Cheese Brain
CNN Town Hall Question: How do you change the mistrust in the system among some members of the black community?
Joe Biden: You got the vaccination? Are you okay? I mean, you seem… no, it works. Or you, you know… or the mom and dad, or the neighbor, or when you go to… pic.twitter.com/eKYebHiUQx
— Kevin Bass PhD MS (@kevinnbass) May 17, 2023
buygold
Seems corporations, large and small immediately go to the default position of blaming their customer for any problems. That’s B.S.
Ain’t that the truth…
A while back I bought 7 tickets to the Le Mans 24 hr race in June….it is the 100 th anniversary and is sold out…..they said they would be delivered nearer the event….when I got the package there were only 4 tickets…….I called them and they did apologise, but said I would have to collect the 3 missing tickets in France at the track……I said no way I will pick them up….they then said sorry u can’t, that is not allowed/part of our service/system…I demanded to talk to someone senior etc…nope not allowed and u can either collect in France, or get a refund !!!!
I have yet to receive an email confirming collection etc….. just unreal….
If we are to reverse, this is the perfect place
Rates and the USD going batshit again. SLV 21.50, HUI 250, and gold $1980 all converging at the same time. For once T/A is working, to the downside of course.
Nasdaq going up everyday again, up over 20% this year.
It’s for your own good comrade
Are you ready for this New Yorkers?
New York City will begin tracking the carbon footprint of household food consumption and putting caps on how much red meat can be served. pic.twitter.com/me9k04NILd
— Wall Street Silver (@WallStreetSilv) May 18, 2023
Conflict brings Sudan’s lucrative official gold trade to a halt
Sudan’s official gold industry, the country’s largest revenue earner, has totally collapsed due to a spiraling month-old conflict in the North African nation, the head of the state-run mining company said.
Mubarak Ardol, general director of the Sudanese Mineral Resources Limited Co., said exports have ground to a halt, processing equipment has been damaged and the headquarters of several gold companies have been looted in the capital, Khartoum. Sudan officially exported 34.5 tons of gold worth over $2 billion last year.
Conflict brings Sudan’s lucrative official gold trade to a halt
Buygold @ 8:07
Do what you need to do but don’t be a stranger here! You’re part of the bedrock of this place.
Maya @ 1:55
Thanks for the reminder! ![]()
Pan American Silver Early Warning News Release Regarding Shares of Anacortes Mining Corp.
https://finance.yahoo.com/news/pan-american-silver-early-warning-220000549.html
CMC Metals Ltd. Announces Completion of Archaeological Overview Assessment on its Silverknife and Amy Properties
https://finance.yahoo.com/news/cmc-metals-ltd-announces-completion-133000784.html
Equity Intersects High-Grade Silver, Including 0.3 Metres of 0.1g/t Au, 1,462g/t Ag, 2.8% Pb and 0.7% Zn (19.3g/t AuEq or 1,581g/t AgEq) in the Camp Target, Silver Queen Project, BC as Drilling Resumes on the Property
https://finance.yahoo.com/news/equity-intersects-high-grade-silver-133000102.html
Mayfair Gold Announces Closing of Flow-Through Financing and Arrangement of Common Share Financing
https://finance.yahoo.com/news/mayfair-gold-announces-closing-flow-171900644.html
West Red Lake Gold Mines Ltd. Signs Definitive Agreement for Madsen Gold Project
https://finance.yahoo.com/news/west-red-lake-gold-mines-110000860.html
Eskay Mining’s 2023 Exploration Program Focuses on Discovering “Eskay Creek V2.0” at its Consolidated Eskay Project, Golden Triangle, BC
https://finance.yahoo.com/news/eskay-minings-2023-exploration-program-120000075.html
Guanajuato Silver Drills 4.89 metres True Width of 359 g/t AgEq at San Ignacio
https://finance.yahoo.com/news/guanajuato-silver-drills-4-89-120300478.html
Leocor Gold Announces $1.2 Million Exploration Plan for Newfoundland Gold Projects
https://ceo.ca/@thenewswire/leocor-gold-announces-12-million-exploration-plan
Abcourt releases its first Mineral Resources Estimate on its Flordin Gold Project
https://ceo.ca/@globenewswire/abcourt-releases-its-first-mineral-resources-estimate-4155d
PureGold Signs Definitive Agreement with West Red Lake Gold Mines Ltd.
https://ceo.ca/@newswire/puregold-signs-definitive-agreement-with-west-red-lake
Independence Gold Intersects 11.50 Metres Grading 7.72 g/t Gold and 172.85 g/t Silver from the Tommy Vein at the 3Ts Project, BC
https://ceo.ca/@newsfile/independence-gold-intersects-1150-metres-grading-772
Fabled Silver Gold Corp Provides Update on Proposed Acquisition of Mecatona Property and Announces Private Placement
https://ceo.ca/@accesswire/fabled-silver-gold-corp-provides-update-on-proposed
Colibri Defines a Strong Soil Anomaly Along Strike of the Main Zone at Evelyn Property
https://ceo.ca/@newsfile/colibri-defines-a-strong-soil-anomaly-along-strike
NOVA ROYALTY REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2023 AND PROVIDES ASSET UPDATE
https://ceo.ca/@newswire/nova-royalty-reports-financial-results-for-the-three-744e8
Plato Gold Reports on First Quarter Results
https://ceo.ca/@globenewswire/plato-gold-reports-on-first-quarter-results-8a42a
Maple Gold Outlines VMS-Focused Exploration Targeting and Summer Field Program
https://ceo.ca/@newsfile/maple-gold-outlines-vms-focused-exploration-targeting
Prospector Drills New Pt-Pd Discovery at Roadcut, NW Ontario
https://ceo.ca/@newsfile/prospector-drills-new-pt-pd-discovery-at-roadcut-nw
Idaho Strategic Completes Surface Mining of High-Grade Jumbo Vein – Portal and Underground Exploration Planned
https://ceo.ca/@accesswire/idaho-strategic-completes-surface-mining-of-high-grade
Radius Gold Increases Proposed Private Placement Financing to $1.97 Million
https://ceo.ca/@thenewswire/radius-gold-increases-proposed-private-placement-financing
Viva Gold Initiates NI43-101 Resource Update and PEA at Tonopah Gold Project, Nevada
https://ceo.ca/@thenewswire/viva-gold-initiates-ni43-101-resource-update-and-pea
Golden Arrow Expands First Drill Program at San Pietro Iron-Copper-Gold-Cobalt Project, Chile
https://ceo.ca/@newswire/golden-arrow-expands-first-drill-program-at-san-pietro
ATAC Resources Ltd. Announces Receipt of Interim Court Order for Proposed Arrangement with Hecla Mining Company
https://ceo.ca/@newswire/atac-resources-ltd-announces-receipt-of-interim-court
Luminex Hits Long High-Grade Intercept in New Breccia Pipe at Cuyes; 33 Metres of 5.4 g/t Au Eq
https://ceo.ca/@newswire/luminex-hits-long-high-grade-intercept-in-new-breccia
Aldebaran Announces South32 Has Elected to Exercise Its Top-Up Right to Maintain A 9.9% Equity Interest
https://ceo.ca/@globenewswire/aldebaran-announces-south32-has-elected-to-exercise
Collective Metals Provides Additional Details on Princeton Project in Southeastern British Columbia
https://ceo.ca/@globenewswire/collective-metals-provides-additional-details-on-princeton
Caledonia Mining Corporation Plc Block Listing Application and “At The Market” Sales Agreement
https://ceo.ca/@globenewswire/caledonia-mining-corporation-plcblock-listing-application
PPX Mining Announces TSX Venture Exchange Approval and Effectiveness of the Restructuring of Its Gold and Silver Purchase Agreement With RIVI Opportunity Fund LP
https://ceo.ca/@accesswire/ppx-mining-announces-tsx-venture-exchange-approval
First Quantum Minerals Announces Pricing and Upsizing of $1.3 Billion Senior Notes Offering
https://ceo.ca/@globenewswire/first-quantum-minerals-announces-pricing-and-upsizing-ccf4b
Osisko Development Reports Exploration Results at Trixie and Outlines 2023 Drill Program at Tintic Project
https://ceo.ca/@globenewswire/osisko-development-reports-exploration-results-at-trixie
O3 Mining Announces Transaction to Acquire Kinebik Property from NewOrigin Gold Corp.
https://ceo.ca/@newswire/o3-mining-announces-transaction-to-acquire-kinebik
Buygold
I hope you hang around. Your about the only one who stays focused on the stocks.  If your gonna trade, really trade you don’t have time to sit around and watch videos all day on what other people think. But that’s shorter target trades that could last months. . But no one could blame you for turning it off.
I did at the wrong time during Covid. I bough a steel sock and sold my PMs except the long time losers I don’t have a whole lot of money in anyways but it’s still my money not theirs to pay their bills. I had one year to get the rest of my car payment gone before I retired and owed 17K left so focused on getting that paid off, I knew Moderna  was gonna fly and did it. From around 20 a share to 400. I saw oil drop to nothing and would of backed up the truck on oil stocks. But nope, no speculation just got that 17 K off my back in less than a year.
Hind site I could of made so much money putting that money in stocks  I could of paid the car and had hundreds of thousands of dineros left even without Monderna or Pfizer due to them selling poison, But if my intuition was wrong I would still be paying off that car. So bad timing,
Anyways I hope you can keep your eyes open.
Amals
I think we can all relate to these losers. When it comes to this volatile sector it is just better to put in a percentage loss and stick with it. Better to lose 7-10% than 90% It would be even better if we could put in automatic trailing stops. You might come out green if you bought it at a lower price.
On the other end these stocks like to make a long tail down which likes to disappear from the charts sometimes and take out all stops before it moves up. But at least it don’t cost to buy and sell anymore.
Now the blood sucking demos want to tax us on unrealized gains. They must sit around all day trying to dream ways to get your money. Shameless low lives. If they didn’t get insider info imagine how much they would lose. Not that they should ever get away with it  but if it did you could claim your loses and not have to sell the stock.
Traders shorter term would have a new strategy. Buy low but not too low claim loses to offset future taxes then sell at the high.
0800 EST – challenging support again
So, what is beginning to be the norm is continuing. USD up, 10 yr. up. pm’s down.
SLV is $.12 away from the bottom of support @ $21.50. No doubt it will fail, probably today.
Shares acting appropriately, down in sympathy.
We have some meaningless data at 0830.
Sold some positions yesterday, will sell everything but AGI and AG, and call it a day. Spend the restof the time praying that someday soon gold will do what it should.
I’m not sure how much I’m going to post going forward – I’ll try daily. I’m getting back into the business world, it’s the only thing I do well, and have had 3 without fail. Investing has been the death of me. Time to start the third and final chapter in my life.
There’s so much opportunity out there for quality customer service. Seems corporations, large and small immediately go to the default position of blaming their customer for any problems. That’s B.S. I’m seeing it with Ebay now as I’m also selling some things online.
Gold Train

Swiss trains to foreboding heights
https://railpictures.net/photo/813162/
https://railpictures.net/photo/813161/
Buygold @ 6:48
Mental illness?  Just remember:
WE’RE ALL HERE
BECAUSE
WE’RE NOT
ALL THERE
deer79
Well, I’ve had a lot of time to think about it. 😉 Actually, I could have said more, but that’s the gist of it.
