Silver also played a roll in silver backed fiat in the mix. Be gold or silver it was meant that the paper promises was to have restraint. That restraint is what held the value. But it didn’t stop them from issuing more fiat than they had in their promise of gold or silver. Even today they still compare ratios with gold and silver. The ratios just seem to get worse over time. It was supposed to keep them honest but they weren’t and having no intention of paying their spending back just removed the standard in those country’s. That’s the allure of Bitcoin there is only so much. Doge is now showing us just how depraved they have become robbing and weaponizing fiat for themselves. If the governments make all digital ot would be no different than paper notes it’s now invisible. Not even notes and coins to count Then of course country’s think we’ll if they no longer have that what else can they get. They even look at people. That’s why I look at calling gold at the barbaric relic satire. They are barbarities with no standards and the enemy of gold or anything else they think they can use including people.
Captain
OpEx makes sense to me. Market correction not as much, because in all the other major corrections gold and silver got crushed with the shares. Unless I guess they have sort of lost control of the metals and can’t do anything but keep them at bay from day to day.
Regardless, these shares won’t keep going down forever if the metals don’t go down too. They played the same game last Friday.
Sucks for the shares, but this is just a game.
My two cents.
looking forward to what the reply will be .
France’s Macron Scolds Trump as ‘Weak in the Face of Putin’
ipso facto @ 12:45
Owe … I don’t think that would happen. At least not voluntarily.
It would take the US about a day and a half to invade Canada – but they don’t need to – just scare the crap out of them.
There is some kind of mind game going on there few truly understand.
One thing I know is the Western Canada would be stupid to participate given the low population densities set against an abundance of resources. They can continue to live high by just sucking the resources out of the ground without having to get particularly creative. They just need to get better control of their sovereignty.
So you could get some sort of east/west split, with the parasites in the east possibly going for it and the west not. The east is firmly under the control of the international banking families at this point.
Hard to say.
Conditions have not deteriorated enough yet to see peoples’ true colors – Scott Bessent is giving clues about where the Trump admin is going. This is not good for the people anywhere. So, we will have to wait and see.
Captain Hook
What if the majority of Canadians do not want to be part of the US? I don’t think you’d find much support here for an invasion …
Poll Results … Not much enthusiasm for attacking Iran
Should the USA help Israel attack Iranian nuclear sites?
No (77%, 23 Votes)
I don’t know (17%, 5 Votes)
Yes (7%, 2 Votes)
Total Voters: 30
Buygold @ 10:37
I think you are right about the shares. Along those lines, today is options expiry and they are doing their job in keeping prices tamped down.
But it’s really all about silver. It’s trying to break out. Can’t have that because it would light up the sector.
They will fight that fight right until the end.
Gotta keep those cheap bombs and missiles coming.
I have a hypothesis about this. Because silver will eventually breakout (because it’s a store of wealth in an increasingly volatile world along with being a strategic commodity), and the international bankers are realizing it’s futile to keep pursuing a Russia invasion (because the hardliners in Russia would never allow Vlad to give it up), it’s expedient for them to pull back on the war(s) now because it could cost them everything (and it may have already been triggered). This is why Trump was brought in – the master negotiator – to take control of Canada without ever firing a shot. Canada is number two in the world in terms of natural resources (Russia is #1 by a mile), so this turns out to be an acceptable plan b for them. They keep their power and have a cheap source of natural resources to keep the plebs subjugated moving forward. Because you gotta keep the plebs happy unless you have taken all their guns away. This way, they think they can keep the price of everything down for longer – allowing them to install their control state with the help of their billionaire tech buddies.
Anywho, I think they are being very optimistic. And it’s possible Trump sees this. And the proof of the pudding will be if Trump takes the risk of his life and turns on the international banking families (the gangsters) by nixing the Fed and/or the IRS – which are the cornerstone(s) of global fiat power. If he does this, he would be giving the power to govern back to the people.
The proof would be in the pudding.
There is much more to this but that’s enough for now.
Cheers
Not a lot of volume
The computers just dumped everything at market during the first hour for a specified outcome.
We may not come racing back but it’s a gift for anyone looking to get into the miners. They couldn’t even really tank the metals
Desperation
I have to apologize…
for deviating from what I professed here just a few weeks ago; to not infuse politics into the metals analysis….
My bad……
Brutal first hour
completely nonsensical.
I guess I could see it if the HUI was up 25-30% on the year, but it’s hardly moved.
Either someone wants these shares badly and cheap or we’ve come to the end of the run.
Hope it’s not the latter.
Buygold
Exactly right; it’s like the lowly left wing politicians that have nothing left in their arsenal, but to simply keep going back to the well with non-sensical, irrational, crazy rationales…….
They’re losing the battle, but they won’t give in……
Not sure what this is with the shares
but I don’t think they can hold them down here for too long, especially if the metals start to move.
This is manipulation at its finest. Scaring people out of their positions. Never seems to happen anywhere else though does it?
Wholesale dumping of the shares
almost comical if it weren’t so tragic
NEM
……..the takedown of NEM this morning is pure unadulterated propaganda……The message has to be to institutiuonal money managers…..STAY AWAY; metal stocks are not the place to be!!!
Stellantis/Chrysler Plant in Brampton Ontario ceases production
Looks like Trump effect is starting to “work”
Local plant has temporarily laid off 3000 employees subject to Tariff uncertainty
How dare they produce cars in non-America
Dog
Let the justice begin
HOLY SH*T ? Here is Kash Patel EXPOSING the Deep State and his plan to Dismantle it. THIS IS HUGE ??
This is the most important 2 minutes of your life right now. Patel will be a PERFECT FBI Director
THIS IS A MASSIVE WIN FOR AMERICA
Not sure what the PMI’s looked like
but the knee jerk was a little selling. Seems most of the time that’s the knee jerk reaction to any pm numbers. Nothing too scary though.
I see NEM has turned higher a whopping $.06. If it tumbles today, it probably should be bought. I don’t know.
I also don’t know how long the Crimex will be able to hold $2950 & $33. No doubt they’ll keep trying. Can’t have any real momentum show up in this sector, it’s too important to lose.
SolGold PLC Announces Statement re Litigation with Ex-CEO
https://ceo.ca/@accesswire/solgold-plc-announces-statement-re-litigation-with
METALLA ANNOUNCES CLOSING OF BEEDIE CONVERSION, DEBT REPAYMENT OF C$2 MILLION, AND ANNUAL EQUITY GRANT
https://ceo.ca/@newswire/metalla-announces-closing-of-beedie-conversion-debt
Endeavour Silver Continues to Intersect High-Grade Silver-Gold Mineralization at its Bolañitos Operation
https://ceo.ca/@GlobeNewswire/endeavour-silver-continues-to-intersect-high-grade-c43d3
Relevant Gold Upsizes Private Placement to $7M
https://ceo.ca/@accesswire/relevant-gold-upsizes-private-placement-to-7m
i-80 Gold Announces Positive Preliminary Economic Assessment on the Mineral Point Open Pit Project, Nevada; After-Tax NPV(5%) of $614 Million with an After-Tax IRR of 12% at US$2,175/oz Au
https://ceo.ca/@newswire/i-80-gold-announces-positive-preliminary-economic-assessment-13ab0
Canagold Announces Antimony Mineral Resource Estimate for New Polaris Gold Project
https://ceo.ca/@businesswire/canagold-announces-antimony-mineral-resource-estimate
Arizona Copper and Gold Agrees to Acquire Three Past-Producing Gold Mines on Patented Land
https://ceo.ca/@newsfile/arizona-copper-and-gold-agrees-to-acquire-three-past-producing
Eldorado Files Amended Lamaque Complex Technical Report
https://ceo.ca/@GlobeNewswire/eldorado-files-amended-lamaque-complex-technical-report
LUNDIN GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
https://ceo.ca/@newswire/lundin-gold-reports-fourth-quarter-and-full-year-2024
LUNDIN GOLD ANNOUNCES 50% INCREASE TO QUARTERLY DIVIDEND AND IMPLEMENTATION OF NORMAL COURSE ISSUER BID
https://ceo.ca/@newswire/lundin-gold-announces-50-increase-to-quarterly-dividend
GETCHELL GOLD CORP. ANNOUNCES WARRANT EXTENSION, DEBT SETTLEMENT, GRANT OF RSUs, AND CANCELLATION OF OPTIONS
https://ceo.ca/@newswire/getchell-gold-corp-announces-warrant-extension-debt
Mandalay Resources Announces Record Financial Performance in 2024, Generating $69 Million in Free Cash Flow
https://ceo.ca/@GlobeNewswire/mandalay-resources-announces-record-financial-performance
IAMGOLD Reports Fourth Quarter and Year-End 2024 Results
https://ceo.ca/@newsfile/iamgold-reports-fourth-quarter-and-year-end-2024-results
lAMGOLD Announces Significant Increase in Nelligan Ounces & Update of Global Mineral Reserves and Resources
https://ceo.ca/@newsfile/lamgold-announces-significant-increase-in-nelligan
K92 Mining Announces Latest Drilling Results From Arakompa Including Confirmation of Two Significant Thick High-Grade Veins (AR1 & AR2), Southern Strike Extension and Bulk Zone Expansion
https://ceo.ca/@GlobeNewswire/k92-mining-announces-latest-drilling-results-from-arakompa
Eldorado Gold Delivers Strong 2024 Full Year and Fourth Quarter Financial and Operational Results; Positive Free Cash Flow Realized in the Quarter and Full Year
https://ceo.ca/@GlobeNewswire/eldorado-gold-delivers-strong-2024-full-year-and-fourth
Centerra Gold Announces 2024 Year-End Mineral Reserves and Resources, Including an Initial Resource at Goldfield; Provides Exploration Update
https://ceo.ca/@GlobeNewswire/centerra-gold-announces-2024-year-end-mineral-reserves
Centerra Gold Reports Fourth Quarter and Full Year 2024 Results and 2025 Outlook; Strong Cash Flow from Operating Activities and $625 Million in Cash and Cash Equivalents
https://ceo.ca/@GlobeNewswire/centerra-gold-reports-fourth-quarter-and-full-year-1e91b
Edgemont Announces Non-Binding Letter of Intent to Acquire Laiva Gold Inc. and Bridge Loan
https://ceo.ca/@newsfile/edgemont-announces-non-binding-letter-of-intent-to
Vox Royalty Announces Q4 2024 Financial Results, Achieves 2024 Revenue Guidance, Provides 2025 Outlook and Increases Quarterly Dividend
https://ceo.ca/@accesswire/vox-royalty-announces-q4-2024-financial-results-achieves
Abcourt Announces its Results for the Second Quarter Ended December 31, 2024 and Grant Stock Options to a Director
https://ceo.ca/@GlobeNewswire/abcourt-announces-its-results-for-the-second-quarter-5ffd5
Newmont Reports 2024 Mineral Reserves of 134.1 Million Gold Ounces and 13.5 Million Tonnes of Copper
https://ceo.ca/@businesswire/newmont-reports-2024-mineral-reserves-of-1341-million
Newmont Reports Fourth Quarter and Full Year 2024 Results; Provides Full Year 2025 Guidance
https://ceo.ca/@businesswire/newmont-reports-fourth-quarter-and-full-year-2024-results
Kingfisher Continues to Expand its Consolidated HWY 37 Project in the Golden Triangle with the Closing of the Hickman Project Acquisition
https://ceo.ca/@accesswire/kingfisher-continues-to-expand-its-consolidated-hwy
VIZSLA SILVER ANNOUNCES FILING OF UPDATED TECHNICAL REPORT
https://ceo.ca/@newswire/vizsla-silver-announces-filing-of-updated-technical-bc5b1
Nevada Sunrise Announces Agreement to Purchase a 100% Interest in the Past-Producing Griffon Gold Mine Project, Nevada
https://ceo.ca/@newsfile/nevada-sunrise-announces-agreement-to-purchase-a-100
Highlander Silver Announces Upsize of Bought Deal Private Placement to C$28 Million
https://ceo.ca/@GlobeNewswire/highlander-silver-announces-upsize-of-bought-deal-private
Sitka Begins 30,000 Metre Diamond Drilling Program at Its Flagship RC Gold Project, Yukon
https://ceo.ca/@newsfile/sitka-begins-30000-metre-diamond-drilling-program
RUA GOLD Closes C$5.75 Million Brokered Offering Including the Full Exercise of Over-Allotment Option
https://ceo.ca/@newsfile/rua-gold-closes-c575-million-brokered-offering-including
CORRECTION: Orogen Royalties Announces 34% Increase in Gold Resources at the Merlin Deposit
https://ceo.ca/@accesswire/correction-orogen-royalties-announces-34-increase
Goldshore Intersects 20.55m of 2.58 g/t Au Down Dip on the Southwest Zone: Extends Mineralization 150 Meters Below the Conceptual Open Pit Resource
https://ceo.ca/@newsfile/goldshore-intersects-2055m-of-258-gt-au-down-dip
Greenheart Gold Has Entered Into an Option Agreement to Acquire a 100% Interest in the Tosso Creek Exploration Project in Suriname
https://ceo.ca/@GlobeNewswire/greenheart-gold-has-entered-into-an-option-agreement
Founders Metals Hits 28.5 m of 7.12 g/t Au in First Drill Hole at Van Gogh Discovery
https://ceo.ca/@newsfile/founders-metals-hits-285-m-of-712-gt-au-in-first
Founders Metals Closes C$32.5 Million Bought Deal Financing
https://ceo.ca/@newsfile/founders-metals-closes-c325-million-bought-deal-financing
LUCA INTERSECTS 7.9 METRES OF 5.87 GRAMS PER TONNE AUEQ FROM FIRST DRILLHOLES COLLARED AT THE TAHUEHUETO MINE IN OVER A DECADE
https://ceo.ca/@newswire/luca-intersects-79-metres-of-587-grams-per-tonne
Opawica Explorations Commences Drill Program at its Bazooka Property in the Abitibi Gold Belt
https://ceo.ca/@thenewswire/opawica-explorations-commences-drill-program-at-its
Leocor Mining Updates Current Drill Program at the Copper-Gold Baie Verte Project in Newfoundland
https://ceo.ca/@thenewswire/leocor-mining-updates-current-drill-program-at-the
NevGold Discovers Samples With Up to 10% Antimony at the Limousine Butte Gold-Antimony Project in Nevada
https://ceo.ca/@GlobeNewswire/nevgold-discovers-samples-with-up-to-10-antimony-at
Sprott Launches Active Gold & Silver Miners ETF
https://ceo.ca/@GlobeNewswire/sprott-launches-active-gold-silver-miners-etf
Sanu Gold Rapidly Launches Drilling Programme on Its Daina Permit to Follow-up on High-Grade Intercepts Recently Published
https://ceo.ca/@newsfile/sanu-gold-rapidly-launches-drilling-programme-on-its
Eskay Mining 2025 Prospecting and Mapping Program Geared to Advance Two High-Value Targets to Drill Readiness
https://ceo.ca/@accesswire/eskay-mining-2025-prospecting-and-mapping-program-geared
Orogen Royalties Announces 34% Increase in Gold Resources at the Merlin Deposit
https://ceo.ca/@accesswire/orogen-royalties-announces-34-increase-in-gold-resources
Gold-Rich Cobalt-Copper Mineralization at CAS Property Strengthens Electra’s Idaho Exploration Strategy
https://ceo.ca/@GlobeNewswire/gold-rich-cobalt-copper-mineralization-at-cas-property
Morning maddog – NEM
Of course it is. It was up after-hours last night, but not today.
BTG – has been on a tear the last couple of days and they missed bigly.
Doesn’t make a lot of sense to me. These things never do. NEM is sporting a forward PE now of 9 or so, and that’s based on gold at $2643, seems pretty cheap to me. It’s a little overbought maybe, but nothing like a tech stock gets.
What a minefield.
Got our work cut out for us this am
Of course, it’s Friday and they’ll want to insert some fear in the pm market for the weekend. No surprise.
We have some PMI’s coming in at 0830 that will no doubt be weak – like every other number they have reported since Trump took office. May not be a bad thing though if it sparks some bond buying and dollar dumping.
Battle lines continue at $2950 and $33. Until they don’t.
Goldie, it wasn’t gold that was the relic.
The gold standard. It wasn’t meaningful back then as the fiat wasn’t fully backed.



