Loading ...The scum kept Gold under $2,000 for almost four years. Finally it has broken out to new all time highs. We will never see sub $2,000 gold ever again. A similar situation with Silver soon if it breaks $30/oz which it will. They held it down below $25/oz for almost four years too.
Trying to withstand the first meaningful attack
Appears they are not ready to just give up.
It’s a brawl.
They want to take us down with the SM. Just an illusion?
They’re really slugging it out on the Crimex
but the shares look good premarket. AGI looks like it will bust to new highs. NEM, GOLD and GFI strong.
Every drift down is met by more buying.
Looking for those elusive $100 up days. 🙂
Sandstorm Gold Royalties Announces 2024 First Quarter Sales and Revenue; Financial Results to be Released May 2
Expanded Rochester Mine Achieves Commercial Production; Ramp-Up on Schedule
Endeavour Silver Delivers Strong Production in Q1 2024
Equinox Gold Commences Processing Ore at Greenstone Project: First Gold Pour on Track for Q2 2024
North Bay Resources Announces Acquisition of 55.5% of Bishop Gold Mill, California, USA
i-80 Announces Upsizing of Previously Announced Bought Deal Financing of Units
Mandalay Resources Corporation Announces Strong Production Results and Growing Cash Balance for First Quarter 2024
Guanajuato Silver Reports Year End 2023 Financial Results
Artemis Gold Files NI 43-101 Technical Report for Blackwater Mine Expansion Study
Cabral Gold Announces $2M Private Placement Financing
American Creek’s JV Partner Tudor Announces Filing of NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Goldstorm Deposit at the Treaty Creek Project, British Columbia
https://ceo.ca/@newsfile/american-creeks-jv-partner-tudor-announces-filing
Delta Continues to Intersect Gold Including 1.64 g/t Gold over 29.5m, 1.42 g/t Gold over 24.1m, 7.46 g/t Gold over 3.5m and 3.71 g/t Gold over 3.2m at the Eureka Gold Zone in Thunder Bay, Ontario
https://ceo.ca/@newsfile/delta-continues-to-intersect-gold-including-164-gt
Zodiac Gold Continues to Report Positive Phase II Drill Results, Highlighting 14.67m at 1.33 g/t Au Including 3.00 m at 4.38 g/t Au and 11.00 m at 1.28 g/t Au
https://ceo.ca/@newsfile/zodiac-gold-continues-to-report-positive-phase-ii-drill
Juggernaut Announces Crescat Capital Increased to 19.97 % Ownership
https://ceo.ca/@thenewswire/juggernaut-announces-crescat-capital-increased-to-1997
Quartz Intersects 102m of 2.22 g/t Au and 104 g/t Ag Announces New Discovery at Prodigy on Its Maestro Project, British Columbia
https://ceo.ca/@accesswire/quartz-intersects-102m-of-222-gt-au-and-104-gt-ag
Granada Gold Mine Advances Towards Open Pit Mining with Renewal of Mining Development Lease BM-813
https://ceo.ca/@thenewswire/granada-gold-mine-advances-towards-open-pit-mining
Midland Expands Its Land Position for Gold in James Bay With the New Caniapisc Au Project
https://ceo.ca/@globenewswire/midland-expands-its-land-position-for-gold-in-james
New Geological Interpretation Establishes Gold Exploration Target Area in Pontiac Sediments at Renforth’s Parbec Gold Deposit
https://ceo.ca/@thenewswire/new-geological-interpretation-establishes-gold-exploration
Talisker Signs Milling Agreement with Nicola Mining Inc.
https://ceo.ca/@globenewswire/talisker-signs-milling-agreement-with-nicola-mining
Harvest Gold Appoints Louis Martin as Senior Technical Advisor for Quebec; Airborne Magnetic Survey Complete
https://ceo.ca/@thenewswire/harvest-gold-appoints-louis-martin-as-senior-technical
Calibre’s Q1 Gold Production on Track to Deliver Full Year 2024 Guidance While Advancing Operational Readiness For H1, 2025 First Gold at The Fully Funded Valentine Gold Mine
https://ceo.ca/@globenewswire/calibres-q1-gold-production-on-track-to-deliver-full
Bedford Metals Accelerates Exploration Strategy for Margurete Gold Project & Looks to Uranium Sector
https://ceo.ca/@globenewswire/bedford-metals-accelerates-exploration-strategy-for
Gold Basin Provides Exploration Update and Announces Q2 RC Drill Program
https://ceo.ca/@thenewswire/gold-basin-provides-exploration-update-and-announces-4c2a5
Abitibi Metals Announces Final Upsize of its Previously Announced Private Placement to $7.1 Million Fully Allocated
https://ceo.ca/@thenewswire/abitibi-metals-announces-final-upsize-of-its-previously
Dundee Precious Metals Delivers Strong First Quarter Gold Production; Announces Timing of First Quarter Financial Results
https://ceo.ca/@globenewswire/dundee-precious-metals-delivers-strong-first-quarter-81632
Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile
https://ceo.ca/@newswire/hot-chili-files-ni-43-101-technical-report-for-the-1e13f
Adamera Submits Plan of Operation Proposal to Resume Drilling on Buckhorn 2.0 Gold Project
https://ceo.ca/@thenewswire/adamera-submits-plan-of-operation-proposal-to-resume
Fremont Gold Commences Urasar Exploration Program in Armenia; Appoints New Advisor
https://ceo.ca/@newsfile/fremont-gold-commences-urasar-exploration-program-in
Aura Announces Strong Q1 2024 Production Results, 28% Above Q1 2023 and on track to deliver its 2024 Production Guidance
https://ceo.ca/@globenewswire/aura-announces-strong-q1-2024-production-results-28
Equinox Gold Reports Geotechnical Event at the Aurizona Mine
https://ceo.ca/@newsfile/equinox-gold-reports-geotechnical-event-at-the-aurizona
Moving up again
It’s early yet before the SM and Crimex open, but we’re up around 1% in both metals in London.
Shares are strong premarket led by NEM and GOLD. Maybe the HUI will bust 265 and head toward the next big resistance around 280. After that comes 320. Again, it’s really early.
I find it curious that we’ve been up the past few days even with rates ticking up. Rates down a little today, but not the last few days. ZH has been talking about shorting bonds lately, not sure if that makes sense as it seems likely the Fed will be huge buyers of treasuries in the coming months.
Bitcoin is down a couple % surprisingly after a big day yesterday and being strong over the weekend. SM flat.
D Hunter
He’s new to me so watching is videos and listening to his experience and reasoning. I’m seeing similarities with others including Armstrong because of different targets like post 2030s Armstrong doesn’t give much feed back on but he does and its not good and I remember a long time ago Armstrong making the next POs for silver that I can’t remember exactly but were around or close to the 70s. We’ve got to get this illegals out. Be crash or disaster they’ll be looting and we’ll probably have enough of that from inner cities anyways. Then that page disappeared and he also changed his format. Well hunters po is 3000 gold and 60 silver but could go to 75. Pre Bust before a deflationary crash that he believes the worst of it will be about 12 months but little longer then the Fed will be buying up bonds so in the next move he said you want to be all out of bonds. The printing presses will start running. There gonna be some bad times ahead and imo have cash on hand not just gold silver as well as bills and food storage and grow it if you can and start learning early but oil stocks if his scenario which isn’t too different from others but he mentions oil can be at 500 a barrel. So I’d be buying it.
He gives a summation at the end because this young one goes off target but he answers in reality term and I like the way he says it isn’t gonna turn out the way the government plans including their digital currency. Of course they’re making a mess out of everything. They can’t control and gaslight educated law full people without making fools out of themselves imaging a gang of unlawful on the take gaslighting them. You will have nothing so band together lock and load have your resources like a disaster because you will have nothing but either will they, give them the directions and keep walking.
This was posted on utube 2 wks ago.
Ipso
Ps Not that it’s ever the exact same, just beware of their tricks either way. The bulls took it back that day, although unlikely because they were probably buying taking them could be the next day. But would of crossed the stop lines.
Ipso
Yes I hope so. They were hiding their dirty deeds and devaluing our purchasing power in dollars for years while driving up housing 20 percent year after year but the Fed cares about the working class right. It’s just transitory. Trans- fer- of – wealth. Micromanaging it.
Trading reasons I suppose you could draw parallel horizontal zipper like lines on the shoulder but beware. Notice back in 2010. Right on the line and one candlestick over. The long tail down. They were probably taking out the trailing and auto stops before the move. You can still buy back when it had recovered.
goldielocks
Let the healing begin! 
Ipso 18:08
Boom I saw that in the major gold stocks that were at the shoulder now.
Silver at the resistance and support zone for the 2010-2013 top. Once this is taken out, the real bull market starts.
All this is foreplay. $XAGUSD #Silver pic.twitter.com/FAii3P85Wh
— Gold Ventures ? (@TheLastDegree) April 8, 2024
SILVER almost $28/oz. If it breaks $30/oz that would be a five year high.
Gold is at $2,358/oz now, an all time high. J. Powell and the Fed Res gang must have sweat on their upper lips watching Gold keep on climbing higher. Imo the price should be $2800/oz, 20X the original $140/oz when we were allowed to own it in 1974.
maddog
I’m not sure I fully understand how the physical demand in China affects our paper markets unless the players are standing for delivery? Clearly, the banksters either don’t have the gold to back the paper or won’t part with it?
Also – I liked this line from your article:
““Gold is trading at an all time high and gold ETF demand has surged in the past week with almost $600 million of net inflows into gold ETFs globally,”
Doesn’t the Crimex trade like a billion in paper every day? Seems to me $600 million worldwide in a week is a drop in the bucket compared to the amount of money sloshing around the world these days. Imagine if that were to double or triple. What would that do to this little sector?
However things work, the strength is something I’ve not seen in the pm market before. Usually when RSI’s even sniff 70, this stuff tanks and gives back half or sometimes all the gains. How far away can $100 up days be from where we are right now? Maybe we’ve finally arrived at the point where “this is truly it”?
Got this courtesy of the GATA lads and lasses….confirms the Chinese are going into Gold ..big time
They have rammed an ETF that holds Gold mining stocks to a 40 % premium !!!!!
By comparison we haven’t even come to, let alone woken up and got out of bed.
https://finance.yahoo.com/news/chinese-fund-manager-halts-gold-023031590.html
Buygold
Yeah good start. He said likely to go higher but a at least to figure he had. He cautioned those who hold through the crash that they should know what their doing. I’m pretty sure he was talking about the stocks. Stocks aren’t physical so IMO should be traded as such. Dow making a little tweezer on the daily. I woke up a 4 am and since I’m retired think I’m going to take a nap before the eclipse. Enjoy the kick blank the shorts are getting.
Buygold
If the buying is partialy/mainly Chinese, then it is Physical….so every time they smash Crimex, buyers will take some of those paper sells and then swap them for physical….which may well explain …why the mkt keeps on comming back, other dealers will not be happy to be short , waiting for the scum to dump paper, as they always have…..as they know longs are taking physical and they all know the scum has no physical….. …..plus of course it is the real volume effect, when u have 1.3 billion people buying….
Hey Goldie
$3K is a good start.
They’ve thrown the kitchen sink at us today and tried a run on the shares. So far it’s been a lot of wasted money and energy. The buying underneath this market is strong. I’ve never seen it like this.
KARORA RESOURCES ANNOUNCES MERGER TRANSACTION WITH WESTGOLD RESOURCES
This is a crappy deal. All in all comes out at a 10% premium. Shareholders of Karora getting shafted and know it too. Karora down on the day … and Westgold up. How often is the acquired company down on this news and the acquirer up? Eff Karora management!
Buygold 9:18
D Hunter put a PO at gold 3000 as a moderate target but possibly above. PRE Crash of everything. Then after post crash, well each has their own, even Armstrong varied higher than this initial 5000 to 8-10 K in USD if I remember.
Scum working hard
They haven’t been able to turn us down for awhile now. All of their dumps have been met with either covering or buying.
Shares look good to start. The fact that the RSI in gold has been above 80 since early last week is pretty impressive. Keep it going guys
Pan American Silver reports additional high-grade drill results from the La Colorada Skarn project
Wesdome Provides Kiena Exploration Update; Drilling Continues to Grow Kiena Deep and Intercept High Grades Near Mine Infrastructure
Fortuna reports strong gold equivalent production of 112,543 ounces in the first quarter of 2024
KARORA RESOURCES ANNOUNCES MERGER TRANSACTION WITH WESTGOLD RESOURCES
Ascot Commences Ore Processing at the Premier Gold Project
Perpetua Resources Receives Indication for up to $1.8 Billion Financing from Export-Import Bank of the United States for Stibnite Gold Project
Endurance 2024 Exploration Plans, Reliance Gold Project
i-80 Announces C$86 Million Bought Deal Public Offering of Units
Nine Mile Metals Announces Private Placement Financing
https://ceo.ca/@newsfile/nine-mile-metals-announces-private-placement-financing
Silver Bullet Mines Announces Strategic Business Alliance and $1 Million Debenture Financing
https://ceo.ca/@newsfile/silver-bullet-mines-announces-strategic-business-alliance
Osisko Announces Q1 2024 Geo Deliveries and Select Asset Updates
https://ceo.ca/@globenewswire/osisko-announces-q1-2024-geo-deliveriesand-select
Renegade Gold Closes $3,400,000 Private Placement
https://ceo.ca/@newsfile/renegade-gold-closes-3400000-private-placement
G2 Goldfields Announces Graduation to the TSX
https://ceo.ca/@globenewswire/g2-goldfields-announces-graduation-to-the-tsx
Kootenay Silver Announces Public Offering for Gross Proceeds of Up to C$5.0 Million
https://ceo.ca/@globenewswire/kootenay-silver-announces-public-offering-for-gross
Triple Flag On Track to Deliver 2024 GEOs Sales Guidance; Kensington Gold Mine Royalty Commences Payment
https://ceo.ca/@businesswire/triple-flag-on-track-to-deliver-2024-geos-sales-guidance
Inflection Resources Provides Update on Geophysical Surveys – Multiple New Drill Targets Defined on Duck Creek Project
https://ceo.ca/@thenewswire/inflection-resources-provides-update-on-geophysical
K92 Mining Announces Imminent Resumption of Underground Operations
https://ceo.ca/@globenewswire/k92-mining-announces-imminent-resumption-of-underground
Serabi provides update to regional exploration campaign at its Palito Complex
https://ceo.ca/@globenewswire/serabi-provides-update-to-regional-exploration-campaign
Eric Sprott Announces Changes to His Holdings in Chesapeake Gold Corp.
https://ceo.ca/@newsfile/eric-sprott-announces-changes-to-his-holdings-in-chesapeake
Early Warning Notice Regarding Red Lake Gold Inc.
https://ceo.ca/@thenewswire/early-warning-notice-regarding-red-lake-gold-inc-c2f77
Galway Metals Announces Non-Brokered Private Placement and Granting of Options to Employees
https://ceo.ca/@accesswire/galway-metals-announces-non-brokered-private-placement
Silver Storm Announces Upsize of Non-Brokered Private Placement Offering for up to $3 Million
https://ceo.ca/@businesswire/silver-storm-announces-upsize-of-non-brokered-private
Westward Gold Announces Closing of Oversubscribed Non-Brokered Private Placement Financing
https://ceo.ca/@thenewswire/westward-gold-announces-closing-of-oversubscribed-non-brokered-3d6bd
Newrange Announces Proposed Name Change to Pinnacle Silver and Gold Corp.
https://ceo.ca/@thenewswire/newrange-announces-proposed-name-change-to-pinnacle
C2C Metals Corp. Upsizes Private Placement Due to Increased Demand
https://ceo.ca/@newswire/c2c-metals-corp-upsizes-private-placement-due-to-increased
Almaden Confirms Delisting from NYSE American Stock Exchange and Listing on OTCQB Marketplace
https://ceo.ca/@globenewswire/almaden-confirms-delisting-from-nyse-american-stock
Silver Elephant Announces 51,567 Tonnes of Paca Silver Oxide Delivered to Andean Precious Metals Corp. Since October 2023
https://ceo.ca/@newsfile/silver-elephant-announces-51567-tonnes-of-paca-silver
That reminds me
I woke up too early, still half asleep. In NY where do they plan on putting New Yorkers if they do have a emergency will all those migrants pouring in. Plus the government is suppose to have a certain amount of food and supplies for THEIR citizens and guests, not illegals.
Talking about sharks in Hawaii
Reminded me of the Great White Shark Cafe.
aurum
Maddog
BTW remind me not to get in a duel with you. Lol lol Not that Maya would be any better.