Mr. Copper
I’m with you, no rhyme or reason for the action of the last two days. Especially the magnitude of the drop in silver. Seeing the shares bounce back today with the metals lagging is odd too.
Then again, there’s a lot of time left in the day, and these shares tend to bleed out slowly after any initial up move. So, we might not have much in the way of gains when the market closes. Certainly, there’s no major buying coming into the sector.
Buygold @ 11:50
Right … good policy.
Silver gets down to $26 I will be all over it.
Cheers
D’oh!
“What will matter is that one Bitcoin transaction is equivalent to about a month of electricity for the average US household. As Bitcoin grows, energy “consumption” grows exponentially.”
– Wendy Williamson
Captain
Not buying anything, especially on an up day in pm’s. Always a mistake.
Deer79
It would be nice if we didn’t have to worry about politics provided we have people that were competent in doing their job to the best of their ability that we can trust and give us stability. Unfortunately if anything can drive you to pay closer attention to politics aside from war it would be the market that dives it one way or another be the general market or commodities and merit and demand is baked into the result of politics and their policy’s.
Pete Hegseth is currently being drilled mercilessly by the left in Congress right now. I will respect your wish and not tell you why other than they don’t seem to care who’s best for certain jobs not just place them for quotas they won’t admit to that could put their lives and that of others in peril.
The PMs I looked at but not many seem to currently be on a downtrend they haven’t broke out of but some appear to be trying but not there yet and what they did do is move up currently and filled gaps, So close to resistance to the downtrend lines you can draw by sight, what are they going to do now?
Buygold @ 11:15
I don’t know if you can buy it at Schwab.
I would call them.
It’s going through the roof right now.
I would be careful now because if the next news is not as good – down she goes to fill that gap on Monday.
Cheers
What The Hell Was Yesterday All About?
One big drop yesterday, and today one big equal jump. Its very strange and must be bad machine pricing action. Its not likely millions sold yesterday and then bought back in today.
Captain – got it
No question the data will get ugly when Trump is there, those bureaucrats that still have jobs will try to make them look worse than they are if they are able.
Impact is interesting, almost like an option at this point.
I have Schwab now, I don’t know why the symbol didn’t pop up when I plugged in Goliath. I’ll put it on my watch list.
Surprising day with the SM sort of crumbling. NVDA below your maggot line of $133, was yesterday too but closed above it.
Buygold
I owned Impact for a long time. Always thought that anything under .20 was a gift. Look at it now! They mine a lot of zinc these days along with the silver.
Buygold @ 10:32
I like Impact Silver too.
Good management (as far as I can tell).
It’s cheap but could get cheaper.
It’s looking like no matter how high gold goes in the near future ($3,000?) – it’s still destined to test lower levels once the stock market rolls over for real.
And of course silver – they will slaughter it back to the cost of production (~$26 and rising) – perhaps below.
I don’t think that will take long once Trump is in and the data points get a lot less friendly.
Cheers
Couple of old names
I had on an old watch list, Impact Silver and Tower Hill. Impact @ $.13, THM @ $.47.
Seem a lot cheaper than I remember. Anyone still following?
First Majestic having an unusually strong day, up over 6%.
Actually, pm shares are surprisingly strong altogether.
Buygold @ 9:51
You can buy it in the US under GOTRF.
This is still a speculative stock so don’t overdo it.
There are others with far less risk and possibly equal opportunity.
I just put that out there because they could end up being yuge if they drill down into the source and/or a porphyry. (like Eskay Creek back in the early 90’s in the Golden Triangle)
Of course, if the bankers won’t give you the money to develop it because they need it all for other things like data centers to keep the control state roll out rolling – well – good results won’t matter.
Just ask I-80 about that.
Good luck
Captain
You might be right about the markets, emphasis on “might”, but I think you’re wrong about Trump.
Give the guy and his team 6 months, if he is fooling us, we’ll know it by then and I’ll be the first to trash him.
Your Goliath is on the TSX? Are you Canadian or do you buy it through your US broker?
deer79 @ 9:45
Yes, but if people don’t wake up to this we will all be living in a digital gulag in short order.
Apologies if that offends you.
Captain Hook
I certainly appreciate everyone’s input on this forum. It goes without saying, that we’re all trying to help each other in these unparalleled manipulative times that never seem to go away.
I don’t post a lot here, but when I do, I do try and make a concerted effort to leave politics out of the equation. It’s a free world ( and we know that that is one of the things that the Globalists are trying to take away from us; free speech). I guess I’m “old-school” and would rather see the metals and miners appreciate on their own merits, rather than bashing any particular politician.
Nope …
… hotter than hell …
Under Biden, Producer Prices Rose At Triple The Rate They Did Under Trump | ZeroHedge
But in addition to the commies needing cover to distract from the LA disaster – because if stocks are going up folks will be less mad … they are still in charge of stocks until next week.
So expect crazy things to happen to stocks (and PMs being sold with inflation raging) over the next week or so.
No crashes allowed.
I am expecting a tame CPI number tomorrow … magically.
Cheers
Stick it to em!
Texas Sues Allstate For Secretly Tracking Drivers Through Apps, Using Data To Raise Rates
A must listen …
… on the imposition of the control state.
CBDC: The End of Money (Movie) – HoweStreet
Once you listen to that … and you want to get mad about Trump (two-faced under the guise of being a nationalist) … listen to this …
You will get mad if you are a blind Maga addict.
Mornin all
Buygold
” Might as well take a peak inside Fort Knox while they’re at it. ?”
Sounds like a horror show … as Vivek and Elon start to enter the building … will anything be there besides cobwebs?
Bets anyone?
PPI numbers must have been tame
No real dramatic moves other than pm’s drifting toward negative, but that’s normal everyday stuff. Oil is back in the $76 area.
Poll Results … Pretty even … because it’s a hard question
Should Nippon Steel be allowed to take over US Steel?
No (42%, 11 Votes)
Yes (38%, 10 Votes)
I don’t know (19%, 5 Votes)
Total Voters: 26

