Production problems or some such crap at the most inopportune time of course. Would explain recent price action.
Playing ping pong in the metals again. Silver was stellar, gold up a token 1%. Only question is whether we’ll give it all back today.
Production problems or some such crap at the most inopportune time of course. Would explain recent price action.
Playing ping pong in the metals again. Silver was stellar, gold up a token 1%. Only question is whether we’ll give it all back today.
Silver Storm Announces La Estrella Zone Drill Results
https://ceo.ca/@businesswire/silver-storm-announces-la-estrella-zone-drill-results
Excellon Drills 1.37 g/t Gold over 81.2 Metres Including 2.77 g/t Gold over 15.6 Metres at Kilgore Project
https://ceo.ca/@newsfile/excellon-drills-137-gt-gold-over-812-metres-including
Sierra Metals Announces an Updated NI 43-101 Mineral Reserve and Resource Estimates for its Yauricocha and Bolivar Mines
https://ceo.ca/@businesswire/sierra-metals-announces-an-updated-ni-43-101-mineral
Irving Encounters High-Grade Gold in its First Drill Hole at the East Yamagano Project, Kyushu, Japanand Receives Additional Results from the Omu Project
https://ceo.ca/@accesswire/irving-encounters-high-grade-gold-in-its-first-drill
Kingsview Minerals Signs Purchase and Sale Agreement for the Sale of Its Hubcap and Echum Projects
https://ceo.ca/@newsfile/kingsview-minerals-signs-purchase-and-sale-agreement
Ascot Announces C$5.0 Million Non-Brokered Flow Through Private Placement
https://ceo.ca/@globenewswire/ascot-announces-c50-million-non-brokered-flow-through
West Red Lake Gold Intersects 21.33 g/t Au over 3.1m and 6.75 g/t Au over 9m at South Austin Zone – Madsen Mine
https://ceo.ca/@globenewswire/west-red-lake-gold-intersects-2133-gt-au-over-31m
Angus Gold Makes New High-Grade Gold Discovery West of Historic Dorset Resource Area, Intersects 7.0 g/t Au Over 12.4 Metres, including 21.7g/t Au Over 3.3 Metres
https://ceo.ca/@globenewswire/angus-gold-makes-new-high-grade-gold-discovery-west
Meridian Drills High-Grade Mineralization Grading 16.0m @ 12.5g/t AuEq at Cabaçal
https://ceo.ca/@accesswire/meridian-drills-high-grade-mineralization-grading-160m
Radisson Intersects 9.70 g/t Gold Over 4.00 Metres and Adds Second Drill Rig at the O’Brien Gold Project in Quebec
https://ceo.ca/@globenewswire/radisson-intersects-970-gt-gold-over-400-metres
i-80 Gold Ramps Up 2024 Granite Creek Exploration & Development Program
https://ceo.ca/@newswire/i-80-gold-ramps-up-2024-granite-creek-exploration
Golden Cariboo Infill Drilling Results Compiled for QGQ22-01 Yielding 0.87 g/t Gold (0.57g/t cut) Over 32.0m (105 ft); QGQ24-08 In Progress to Target Up-dip Extent.
https://ceo.ca/@thenewswire/golden-cariboo-infill-drilling-results-compiled-for
Faraday Copper Reports New Gold Assay Results From the Keel Zone Including 0.28 g/t Gold and Confirming 1.34% Copper Over 103.64 Metres at the Copper Creek Project
https://ceo.ca/@accesswire/faraday-copper-reports-new-gold-assay-results-from
Trident Royalties PLC Announces Q1 2024 Activities Update
https://ceo.ca/@accesswire/trident-royalties-plc-announces-q1-2024-activities
Bedford Metals Comments on Gold Market Dynamics & Engages Grander Exploration for Margurete Gold Project
https://ceo.ca/@globenewswire/bedford-metals-comments-on-gold-market-dynamics-engages
Osisko Development Reports First Quarter 2024 Results
https://ceo.ca/@globenewswire/osisko-development-reports-first-quarter-2024-results
Artemis Gold Announces Filing of Q1 2024 Financial Results
https://ceo.ca/@newswire/artemis-gold-announces-filing-of-q1-2024-financial
Bomboré Hard Rock Expansion Update and Three-Year Production Forecast
https://ceo.ca/@globenewswire/bombor-hard-rock-expansion-update-and-three-year-production
WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF C$5 MILLION FINANCING WITH RIO TINTO
https://ceo.ca/@newswire/western-copper-and-gold-announces-completion-of-c5
Gatos Silver Reports First Quarter 2024 Results and Announces Investor Call
https://ceo.ca/@globenewswire/gatos-silver-reports-first-quarter-2024-results-and
Arizona Gold & Silver Inc. Reports on Drilling Progress on the Philadelphia Gold-Silver Project, Arizona
https://ceo.ca/@thenewswire/arizona-gold-silver-inc-reports-on-drilling-progress
Golden Horse Issues Shares Pursuant to Tenement Acquisitions
https://ceo.ca/@newsfile/golden-horse-issues-shares-pursuant-to-tenement-acquisitions
Providence Gold Mines Inc. Announces Exploration
https://ceo.ca/@thenewswire/providence-gold-mines-inc-announces-exploration
BTU Acquires Two Extensive Gold Properties in the Active Wawa Gold District; The Echum Gold Project Adjacent to Alamos Gold and The Hubcap Gold Project Adjacent to Red Pine Exploration
https://ceo.ca/@accesswire/btu-acquires-two-extensive-gold-properties-in-the-active
Saudi Manara Minerals’ team in Pakistan for talks on Reko Diq mine stake, document shows
If they’re trying to prove their humanitarian and not on the wrong side of history this time instead of fascist they’re doing a bad job of it. Real bad.
We’ll get ready to travel place to place. If they turn every town into Hiroshima they’re just fulfilling their promise when the food rations drop you will own nothing and be happy. Then they can build back better.
Meanwhile Israel resumes it bombing this time Rafah where civilian refugees gathered next. Where ever they go or even told to go the bombs follow. Bury their dead, gather what they have left, search for water and food and rush to the next place to be met with more bombs. Rush away, to where I don’t know and since there’s no standing military their fighting they are killing everyone and destroying their infrastructure. This time gave them a little warning they were going to destroy their place away from the so called war next. If Hamas truly hid behind civilians esp since they have no military home to speak why aren’t they bringing the hostages to Rafah?
German politician of the AFD party, Marie-Thérèse Kaiser was just convicted & fined $6,000+
Her crime? Posting statistics showing that Afghan immigrants are disproportionately committing sexuaI assauIt in Germany.
You know what to do. Share it more. https://t.co/il7P9bG0dm pic.twitter.com/PIELroSxS3
— Wall Street Silver (@WallStreetSilv) May 6, 2024
I am no Bidenomics fan but I can’t put the blame all on him other than cost of business inflation which is bad enough but rising housing or building prices is also a big part of it and started before both Biden and Trump and kept moving up faster and faster with Aid of the Fed.
Seems like a simple solution of forgoing greed and lowering the rent because no one wants to lose money for the purpose of making money for some greedy person and they already knew that and that’s a big problem right now. It also brought established properties to raise prices in the herd mentality resulting in a stampede which then brought higher tax’s to areas and insurance forcing the rest to have to raise rents too affecting everyone including the majority homeowners.
If newer buyers bought at higher prices and assumed people would pay what ever they demanded or needed to charge to make money they put themselves in a risky position of no competitive leverage where they would lose money if they lowered the rents then they’re stuck and can’t lower it, then it’s a matter of time when the lease runs out if the renter can wait that long. That will result in trying to sell it if they have any equity and in 08 even equity of longer term buyers vanished because with the first group of the last buyers foreclosed it kept going down from there and they didn’t even have higher interest rates of 7 % or more like the previous longer term buyers. That pisses off longer term buyers. They dropped to 3-4 percent. Now they’re back up to 7 % or more and prices are up and too high.
Then of course the banks own the loans and apparently the Feds too.
parts
“Gold bullion products are becoming more and more sought after as a hedge against uncertainty, and gold continues to hit all-time record highs,” say PMX Gold officials in a statement.
Marcus Grubb, managing director of investment for the World Gold Council, agrees.
“There was very strong demand for gold in third quarter, and it appears that the gold industry is headed for a record year,” Grubb said. Demand for gold jewelry in China and India, coupled with a revival in the use of gold by industry, are key factors driving up gold tonnage and gold prices. The most important dynamic driving up gold prices is the difficult economies in some countries.
“The marketing of physical gold bullion in the United States has traditionally lacked fair pricing, quality control and acceptance by the general public due to non-standardized distribution methods,” company officials say.
A vending machine that sells gold is installed in a Florida mall | ATM Marketplace
Good luck to us!
me too !
43% of small businesses can't pay the rent, Bloomberg reports.
For restaurants, 52% can't pay the rent.
That's the highest number since the depths of the lockdowns. And it's very odd considering "blockbuster" official statistics on GDP and unemployment. pic.twitter.com/hTdIC5TixT
— Peter St Onge, Ph.D. (@profstonge) May 6, 2024
Thank God for the Hungarians….
If the SM rolls over we’re probably in trouble.
Trailbreaker Resources Receives Exploration Permit for Swan Target at Atsutla Gold Project
https://ceo.ca/@globenewswire/trailbreaker-resources-receives-exploration-permit
Pampa Metals Intersects 448 m @ 0.42% Cu, 0.46 g/t Au including 126m @ 0.66% Cu, 0.74 g/t Au in Second Drillhole at Piuquenes, Argentina
https://ceo.ca/@accesswire/pampa-metals-intersects-448-m-042-cu-046-gt
Gold Basin Announces Signing of Option Agreement to Acquire New Pass Gold Property, Nevada and Grants Stock Options
https://ceo.ca/@thenewswire/gold-basin-announces-signing-of-option-agreement-to
Impact Silver Intersects 213 g/t Silver over 17.30m Including 1,400 g/t Silver over 0.75m on New Discovery at Guadalupe Mine
https://ceo.ca/@newsfile/impact-silver-intersects-213-gt-silver-over-1730m
Eagle Plains Completes Initial Compilation on Theory Copper-Gold Project in the Toodoggone District
https://ceo.ca/@accesswire/eagle-plains-completes-initial-compilation-on-theory
Aurion Resources Provides Corporate Update
https://ceo.ca/@newswire/aurion-resources-provides-corporate-update
Silver Wolf Engages Strategic Financial Advisory Firm Salman Partners
https://ceo.ca/@accesswire/silver-wolf-engages-strategic-financial-advisory-firm
Idaho Strategic Reports First Quarter 2024 Operating and Financial Performance
https://ceo.ca/@accesswire/idaho-strategic-reports-first-quarter-2024-operating
Bravo Continues to Intersect Increasingly Wide and High-Grade PGM+Au+Ni Mineralization in the North and Central Sectors at Luanga
https://ceo.ca/@newswire/bravo-continues-to-intersect-increasingly-wide-and
K92 Mining Announces Latest Drilling Results Extending Multiple High-Grade Zones and New Dilatant Zone Discovered
https://ceo.ca/@globenewswire/k92-mining-announces-latest-drilling-results-extending
Cerrado Gold Announces Receipt of Second Advance Under Secured Loan From Subsidiary of Hochschild Mining PLC
https://ceo.ca/@accesswire/cerrado-gold-announces-receipt-of-second-advance-under
Arizona Metals Corp Acquires Additional Private Land for Development Infrastructure
https://ceo.ca/@newswire/arizona-metals-corp-acquires-additional-private-land
Hi-View Provides Corporate Update on Its BC Gold Properties
https://ceo.ca/@globenewswire/hi-view-provides-corporate-update-on-its-bc-gold-properties
EASTERN PLATINUM LIMITED REPORTS RECORD ANNUAL FULL YEAR REVENUE FOR 2023, ANNOUNCES RESTATEMENT OF COMPARATIVES, AND PROVIDES ITS TARGETS FOR 2024
https://ceo.ca/@newswire/eastern-platinum-limited-reports-record-annual-full
VIZSLA SILVER PROVIDES FURTHER UPDATE ON ACQUISITION OF LARGE CLAIM PACKAGE ALONG HIGHLY PROSPECTIVE STRUCTURAL TREND, SOUTH OF PANUCO
https://ceo.ca/@newswire/vizsla-silver-provides-further-update-on-acquisition
Spanish Mountain Gold Commences Trading on the Frankfurt Stock Exchange
https://ceo.ca/@newsfile/spanish-mountain-gold-commences-trading-on-the-frankfurt
Roscan Gold Announces Debt Settlement
https://ceo.ca/@newsfile/roscan-gold-announces-debt-settlement
CMC Metals Ltd. Clarifies Technical Disclosure For Canadian NI 43-101 Compliance
https://ceo.ca/@accesswire/cmc-metals-ltd-clarifies-technical-disclosure-for
Aston Bay Holdings Files Amended Offering Document and Refiles Interim Financial Statements
https://ceo.ca/@accesswire/aston-bay-holdings-files-amended-offering-document
PRESS RELEASE FOR EARLY WARNING REPORT REGARDING GETCHELL GOLD CORP.
https://ceo.ca/@newswire/press-release-for-early-warning-report-regarding-getchell
Mayo Lake Minerals Update
https://ceo.ca/@newsfile/mayo-lake-minerals-update
Bonterra Announces Closing of Brokered Private Placement for Proceeds of $8.5 Million
https://ceo.ca/@newsfile/bonterra-announces-closing-of-brokered-private-placement
Novo Resources Corp. March Quarterly Update
https://ceo.ca/@globenewswire/novo-resources-corp-march-quarterly-update
Rockhaven Announces Improved Metallurgical Test Work Results on its Klaza Project, Yukon
https://ceo.ca/@accesswire/rockhaven-announces-improved-metallurgical-test-work
Collective Mining Announces Plans to List on NYSE American Stock Exchange in Q3 2024
https://ceo.ca/@newswire/collective-mining-announces-plans-to-list-on-nyse-american
Kudos to Deer79 for keeping the faith, and Mr. Copper if he called the bottom.
Seems currency markets may be turning into a mess, nonetheless the Fed had to keep us down on their appointed days, Fed meeting and Jobs report.
It is very early, but silver up 2% looks strong, gold up $16 – nothing to write home about, but hopefully the bleeding has stopped. Shares firm in premarket. It’s early though.
Charts definitely make most of this stuff a good place to bounce as GLD and SLV are still above their 50 and 200 dma’s. Overbought worked off, RSI’s 50 and 46 respectively.
Charts of shares are all over the map. NEM has yet to have the 50 cross the 200 dma. Others like GFI, GOLD, KGC have already and are holding.
BTG looks incredibly cheap to me, chart looks muddy but this is a good spot for it to bounce. They pay dividends, now at 6.5%. Canaccord Genuity has a price target of $5.48 USD, better than a double. DYODD though.
KGC announces earnings tomorrow, they are already expected to beat, so that might be factored into their price already. They’ve outperformed, so I don’t know. Probably depends on what the metals do – as always.
Long way to go yet, we’ll see.
I looked up the movie on YouTube and it showed the whole word on that sign. Magazine
I had a quiet day today. I had a background movie on that happened to be the Alamo with John Wayne while doing some research. I’d rather do things like help children who have trouble learning to read learn not not only read but like reading. I guess I found another gift I had. Anyways when the Alamo was near it’s end based on a true story who BTW evacuated their non combatants ” women Children” offered by the Mexican leader before they were over run by Mexican soldiers sad ending. At the near end I glanced over to see John Wayne was standing in front of the Ammunition ready to blow it up and soldiers were taking the sword to him on the right side of the building next to him was a partial word on a sign and it said MAGA. I kid you not.
Looks like France who gave us Vietnam, another war America as well as other allys should of not condoned France being there in the first place wants to play with fire. AGAIN
It is widely beleived that Micron is a Schwab zombie, just like Turdeau or Jacinda Arden was in NZ……so this move looks to be an escalation of the Ukraine situation, almost certainly to try and stop yr elections…..
So do the French have a number of casualty limits before they dump it into someone else’s lap if it cause more problems? I heard they have very good intelligence though because they don’t trust the US and something I don’t remember ticked them off.
Totally mad!
Micron is mad….doing the Globalists bidding to rev the Ukraine situation up, in front of US elections..
which led me to return to the debt clock site .
I note that the total US debt in trillions , currently at 99 + is about to add a third digit , reaching $ 100 Trillion , certainly this week , if not tomorrow .
Pure madness ! Totally unsustainable . No wonder the DC Neocons are pushing to start global war , risking an end to most lives via nuclear conflagration .