Loading ...Dear God! I have chills yet after looking at that. In past decades I have flown many MD500 helicopters to the mountaintops in Hawaii to do broadcast transmitter maintenance. The MD500 has short blades that are jet powered at high speed rotation. It is very powerful and will lift a ton… literally 2,000 lbs. Pilots describe it as the ‘Ferrari’ of helicopters as it is very maneuverable. But with those short blades it does not have a lot of ‘lift’ if the engine fails. One has to literally dive steeply toward your landing site to build up enough rotor speed to pull level out of the dive as you reach the ground. Lucky there was a small beach there, and the pilot did an extraordinary job! I’m still shuddering…
Maddog
I wonder if that fake journalist got her latest safe and effective jab yet, or visited the safe border because Biden and Mayorkas closed it or if she? can tell us if they ever found those weapons of mass destruction yet.
While you’re “high-fiven” your fortune’s, here’s some Silverngold thoughts to consider.
If you can hold your silver and gold in your hand, it’s yours, you’ve got it! If you can’t, it’s fools gold!
If you’re holding the paper for it in your hand….you’re playing with fire. Paper burns.
If you’re holding Cryptos in a wallet or Bitcoin ETF’s….don’t bother trying to find, use, or spend them when the lights go out!
If you take one letter out/off of both GOLD and SILVER and do just a little rearranging ………you have…….GOD LIVES!! And He does!
All Best Wishes From Silverngold
Thank you…
Thanks to all who offered comments and advice on bitcoin.
As I wrote, the etf is in my IRA, which I really only look at when I take my RMD.
All my miners and Sprott funds are there.
So, it was a whim, while there taking this year’s distribution, I bought the FBTC .
Will see what happens.
Going to buy some silver, and make a few contributions when this year’s RMD check arrives.
deer79
“bought a few calls”
I think that’s an odds on assumption. Reading about Pelosi’s “investment” gains the other day. Insider trading can be quite successful!
Ipso
Bloomberg reports that New York Community Bancorp plans to announce an equity investment of more than $1 billion led by Steven Mnuchin’s Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Partners, according to a spokesperson for the bank.
I have to think there were a few scum politicians on the Senate Finance Committee who knew about this capital infusion and bought a few calls in NYCB this morning…..
maddog, Mr. Copper
that would be quite something if it did. I’d like to see pm’s start performing like Bitcoin or even palladium today. You can still feel the weight of the scum on gold I think. They might just shut us down here at $2150 for a bit. Hard to tell, but they have an awful lot of shorts on the board, and I think it’s a guarantee they are loading the boat with them this week. At least hat has been their M.O.
Mr. Copper – Looks like $2150 might be a line in the sand for us. I wish we’d get a runaway market for a change, but this move has been pretty well managed. The HUI is what it is, just a barometer. They look like they’re going to put the breaks on and try to keep it below 225.
Into the Pits of Zool
NY’s Hochul Faces ‘Political Crisis’ As NYCB Collapse Repercussions Loom
And the hits just keep coming…
Once the darling of the small banking crisis comeback, New York Community Bancorp has crashed 45% to fresh 30 year lows after The Wall Street Journal reports the bank is seeking to raise equity capital in a bid to shore up confidence in the troubled regional lender.
According to people familiar with the matter, NYCB has dispatched bankers to gauge investors’ interest in buying stock in the company.
https://www.zerohedge.com/markets/nycb-crashes-fresh-28-year-highs-report-need-cash-infusion
Buygold
Here’s a fun thought……can Palladium out perform Bitcoin……so far today well ahead…..plus 9.5 % vs only 5.3 % !!!!!
voting for self preservation
San Francisco overwhelmingly votes in favor of law and order ballot measures and new rule that’ll force welfare recipients to pass drug tests
According to Wikipedia co-founder Lawrence Mark Sanger, the CIA and other alphabet intelligence agencies are now in charge of Wikipedia and use it to manipulate public opinion.
— illuminatibot (@iluminatibot) March 6, 2024
@Buygold re the HUI
HUI is like a big slow mutual fund mixed with winners and loser stocks. I found this…
“Launched in March 1996, the NYSE Arca Gold BUGS Index includes companies who hedge their gold production for no more than 18 months in advance.1
For this reason, their share prices—and, by extension, the index—are very sensitive to short-term movements in the gold price”.
HUI List: https://finance.yahoo.com/quote/%5EHUI/components/
The Gold run from Oct 16 at $1850 to Dec 4th intraday to $2150, I think convinced us all we were going much higher.
Mr Copper- love the way silver is acting
I think you’re right about $2200, but I hope that’s just a pause on the way to much higher levels.
HUI has a ton of resistance here up to 235, but if the metals really get going it won’t matter. The dollar is becoming irrelevant for the moment. We’ll see, just hoping this is the beginning of a monster move higher.
@Buygold re Gold It On Its Way Up Now
So far so good. We closed above $2,100, and today its $2,148. My instinct says its going to go into the $2,200 area, and we will never see it below $2,000 again. Last October they jacked up the US Dollar to over 106, which knocked Gold down to $1,900 for a couple of weeks.
That was their best shot. The hapless money managers will have to raise the USD right back up again, but it would hurt our exporters making them more expensive and harder to sell.
High October US Dollar: https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w
Low October Gold price: https://finviz.com/futures_charts.ashx?t=METALS&p=w
OT … some lucky people here!
Crash Landing Hawaii Helicopter https://t.co/SMPwyZOi1J
— Willem Middelkoop (@wmiddelkoop) March 6, 2024
I’d call that a “tell.”
Mortgage delinquency rates in Ontario soared by 136%!!! and B.C. By 62%!
You good Canada?
Everything ok there? 😰 pic.twitter.com/sT9gtqbwIQ
— Wall Street Silver (@WallStreetSilv) March 6, 2024
Captain Hook
Haven’t seen you posting for a while. Hope that all’s well with you.
Palladium having a day
Up 7.5% to $1K, but I think that’s down from $2-3K? Crazy
Franco-Nevada Reports 2023 Results
INTEGRA ANNOUNCES C$10 MILLION BOUGHT DEAL PUBLIC OFFERING
Sitka Gold Commences 15,000 Metre Diamond Drilling Program at its Flagship RC Gold Project in Yukon
Troilus Closes Strategic Sale of Non-Core Mike Lake Properties in Yukon to Prospector Metals; Retains ~20% Ownership Interest
Galantas Gold Announces Geophysical Results for Key Exploration Target Area and Planning Approval for New Drilling Program at the Joshua Vein at Omagh Project
Fury Enters into Agreement to Place Shares of Dolly Varden Silver Corp. With Institutional Investors
Sprott Launches Copper Miners ETF
https://ceo.ca/@globenewswire/sprott-launches-copper-miners-etf
Prospector Provides an Update on its 2024 Plans at the Gold-Silver-Copper Prospective ML Project, Yukon
https://ceo.ca/@newsfile/prospector-provides-an-update-on-its-2024-plans-at
Argonaut Gold Announces Fourth Quarter and Year End Financial and Operating Results
https://ceo.ca/@newswire/argonaut-gold-announces-fourth-quarter-and-year-end
Collective Mining Discovers a High-Grade Outcropping Porphyry System at the Box Target; Drilling to Begin in April
https://ceo.ca/@newswire/collective-mining-discovers-a-high-grade-outcropping
Arizona Metals Intersects 25.6 m at 2.1 g/t AuEq (incl. 1.5 m at 9.0 g/t AuEq), 21.5 m at 1.8 g/t AuEq (incl. 4.1 m at 5.2g/t AuEq), and 0.5 m at 37 g/t AuEq in Kay Shallow Drilling
https://ceo.ca/@newswire/arizona-metals-intersects-256-m-at-21-gt-aueq-incl
SolGold PLC Announces Cascabel CIPA
https://ceo.ca/@accesswire/solgold-plc-announces-cascabel-cipa
Consecutive platinum market deficits: 418 koz expected in 2024 following 878 koz in 2023
https://ceo.ca/@newswire/consecutive-platinum-market-deficits-418-koz-expected
O3 Mining Files Closeout Early Warning Report in Respect of NewOrigin Gold Corp.
https://ceo.ca/@newswire/o3-mining-files-closeout-early-warning-report-in-respect
CORRECTION – Sirios intersects 105.21 g/t Au over 1.0 m in the Eclipse area, Cheechoo property
https://ceo.ca/@globenewswire/correction-sirios-intersects-10521-gt-au-over-10
Prospector Closes ML Property Acquisition and Private Placement
https://ceo.ca/@newsfile/prospector-closes-ml-property-acquisition-and-private
Lode Gold (Formerly Stratabound) Announces Closing of First Tranche of Private Placement and Plans for Proceeds
https://ceo.ca/@newsfile/lode-gold-formerly-stratabound-announces-closing
P2 Gold Closes Agreement to Settle Outstanding Debt and Convertible Debenture Unit Offering
https://ceo.ca/@newswire/p2-gold-closes-agreement-to-settle-outstanding-debt
Nord Precious Metals Unveils Promising Gold Results in Gowganda Camp
https://ceo.ca/@thenewswire/nord-precious-metals-unveils-promising-gold-results
PPX Drilling of Callanquitas West Confirms the Continuity of the Mineralized Breccia
https://ceo.ca/@accesswire/ppx-drilling-of-callanquitas-west-confirms-the-continuity
Atico Mining Signs an Investment Agreement with the Government of Ecuador, for the Development of its La Plata Project
https://ceo.ca/@globenewswire/atico-mining-signs-an-investment-agreement-with-the
Looks like the SM is doing another miraculous recovery
Bitcoin too. At least to start the day.
Powell doing his speech to Congress. I guess we’ll know we’re really in a pm rally if we can somehow survive when he starts speaking. I’d like to be hopeful, but that would be way out of the norm for any day when the Fed Chair speaks.
For now, we look OK with the dollar slipping a bit and the SM off to a raging start. We’ll see what the day brings.
