Ipso
Ron Paul, video about 3 days ago. Still dedicated and inspirational. The hostess ask him if he thought all the gold was still there. He said no, lol then what I mentioned he said and more.
goldielocks
Too bad all the other politicians aren’t as honest as Ron Paul! Would have made a great President. IMO
Maddog, Captain
Maddog – Trump also said it could be that tons of gold has been stolen from Ft. Knox. I think it might have been tongue in cheek, but something we wonder as well.
Captain – was looking at 320 as well and hoping it would hold. So far, so good. The SM and the metals are always the risk I guess. The QQQ’s didn’t finish well but at least didn’t drag us back below 320. Tough call.
Just noticed Bitcoin, hit for $4K today. Seems it can be stolen after all.
Ipso 12:52
Ron Paul is almost 90 years young now. I’m glad he’s living to see this day.
Ipso 15:37
Maybe they are afraid they’ll lose their socialist benefits and maybe cheap labor including using our military. When’s the last time we saw German troops in the mid east fighting ISIS bothering them more than us because they let them in.
Buygold @ 13:40
I don’t think it would take real long under true Communism before the citizens of Europe realize how messed up it is!
It’s sad to see the drift in that direction. Just more chaos coming, Klaus’s dream. (nightmare)
Some technicals …
The Venture Index might be back testing the breakout last week.
$CDNX | SharpCharts | StockCharts.com
And the PM indexes might be almost finished a – b – c corrections.
$HUI | SharpCharts | StockCharts.com
The HUI just tested the break above 320 last week.
Picture perfect for dip buy assuming a larger degree correction does not take hold.
Cheers all
“I was Arrested for posting a meme – the police actually came & arrested me in front of my 5 children – seized all my devices”
What has happened to the UK’s freedoms? Take away your guns and they take away your rights! 1.5 minute video.
Looks like a turf war within Trump’s inner circle
Which saddens me .
Musk requested that all the folks on taxpayer funded jobs justify their job performance for the past week by replying to five bullet point queries . Patel told his folks at FBI they didn’t have to respond . He was not alone .
RINO’s ? Establishment types ?
deer79
Re Shares
I seem to remember GATA saying that, the Miners had been told,that if you complain too loudly, you will not get any finance, or if offer shares, we will not under write them…..
That was a long time ago
The shares are going to be become such earners, they have to move higher or the divi yield , will have every divi hunter on the planet buying them.
Taking another run at $2950
Never know, this could be “IT”
I know aurum loves when I bring the rally monkey out. 🙂
Some of the shares looking better. Almost all of them should be much higher.
edit: QQQ’s on a leg down again, hopefully we can withstand its downdraft and follow the DIA’s Ridiculous that we would follow either one, but that’s how Aladdin rolls.
Ipso, deer79
Ipso – I thought that interesting that the folks from E. Berlin voted AFD and West didn’t, as well. Just goes to show how powerful the propaganda has been over the last several decades in Germany. They are a mess. Their people like being dependent slaves. Pretty much the same all over Europe with the exception of Hungary and Poland.
deer79 – I think you too kind to their investor relations folks. Here’s what happened today. 4 different analysts all on the same day:
Goldman Sachs Adjusts Price Target on Newmont to $48.60 From $47.20, Maintains
Jefferies Adjusts Price Target on Newmont to $57 From $55
Raymond James Adjusts Newmont’s Price Target to $53 From $58
Macquarie Adjusts Price Target on Newmont to $54 From $55, Keeps Outperform Rating
So you actually have two brokerages downgrading their price targets. Make sense of that for me. If you extrapolate their earnings out over the next four quarter, they are trading at an 8 PE right now. That’s just absurd with a rising gold price.
Volume is pretty decent today, but these brokerages conspire to keep the prices low on NEM. It should be trading on forward earnings. I don’t know what the historic PE is for them but I would bet it’s not 8. They need to raise their dividend to $4 a share or have a floating dividend of 80% of their earnings. Maybe then they’ll get some attention.
I’ll probably get the run-around response
from NEM investor relations, but I had to send them something:
I find it interesting that your web site claims “100+ years of value creation.”
Is that what has happened with your stock since you announced your last quarters earnings ( which looked good on paper)? Your stock price has dropped some 9% since then?
What do you attribute that to? Why is it that your company does nothing to combat the endless short selling that completely goes unchecked by the SEC?
Only in the mining industry can a company report positive earnings and get so severely punished for it!
Ipso
That’s for sure. I’ll never forget when he spoke at the RNC. He walked up to the podium to a mix of boo’s and scattered applause. He looked uncomfortable and knew he didn’t belong. Real America rejected him and he knew it. They knew he lied to Trump and sought to undermine him. He was ashamed and still is.
Maddog
… Davos could well have a lot of spare hotel capacity, next year. !!!!
Lmao
Yep they have a syphon to the money machines of the world that grew weak hands. Now their back in strong hands in the US, their syphon has been removed and they don’t like it. Too bad and hopefully will be held accountable and new accommodations will open up in Gitmo.
Fun Facts
The eastern section of Germany which was controlled by the Communists until not that many years ago is the greatest stronghold of the AFD.
First hand experience!
Deer79
NEM is so important to keeping the the indexes from looking attractive. Course there are others, but NEM seems to be their favorite tool.
Looking around and seeing AEM, GFI and RGLD green. KGC getting close. Makes me wonder if we’re not going to end up righting this ship today. It would be unusual, but the DOW is up. Silver probably needs to step up a bit.
Friday was really a crime scene for the shares. Outrageous.
Buygold
“Pompeo” If there’s a guy we don’t need … that’s him!
Pompeo on FOX News
The guy looks like skeleton. Singing Trump’s praises, he wants back in so badly.
Bongino has the MSM and former FBI hacks heads exploding because he’s not a former “special agent”. Yeah, that’s what we need because it’s worked so well for us before. Gets more entertaining by the minute.
Apple investing half a trillion back in the US.
I can live with some short term pain.
I’m dumbfounded
…..why companies like NEM (who had great earnings), simply don’t push that message to potential investors??
Perhaps I’m being a bit naive, but how difficult would it be for the CEO’s of the larger miners, to join forces to push the positives of investing in their companies???? Is it because their beholden to the bankers/ investment funds who fund their companies by helping to dilute their companies with endless $ raises via stock offerings???
The kamikaze raids seem to be the only effective weapon the scum have left to use……
Maddog @ 10:11
Crazy times! Maybe they’ll pick up their defense spending and the US could close a lot of bases.
They sure don’t like Trump much! ![]()
Morning maddog
What we’re seeing now is what I thought the pre market would look like.
Looks like the SM Is finally rolling over. Long way down if that’s the case. This is more normal action for the shares during a SM correction. But what if gold just stays flat during the SM correction? I wonder how long the shares will continue their weakness?
Just seems to me that gold would normally be down $50 on a day like this. Silver even worse. It is nice to see gold sort of hang in there.
I don’t know. OTOH, they are really punishing NEM for those great earnings.
