Loading ...BlackRock bought the NEM shares so they can legally SHORT/SELL NEM to suppress the price when it tries to go up. BlackRock is about CONTROL, not about profit. FWIW! SNG
Europe
Has really become a thorn in the side of the US. It’s sad that they are ruled by Satanic elites, I’m pretty sure you could trace their roots back to the Nazi’s.
Other than evil it’s really hard to see what drives their lunacy. They’ve destroyed their continent.
It’s the same here with the Democrats. What drives their lunacy? Men in women’s sports, defending illegal alien gang members, DEI, open borders, climate hysteria. All of it is nuts and the people here get it. They threaten their own existence, going against issues that 80% of the country is for, sometimes 90%. If we can shore up our elections and reign in the cheating, they’ll never be elected again.
Ipso – agree on NEM
As for the UN, they are nothing less than evil’s play thing. I saw an article that the UK is allowing a Gates group to spray their skies in an effort dim the sun. That’s a recipe for disaster and will harm everything, crops, animals etc.
Trump has to get us the heck out of there. We can never allow that to happen here. I’m still seeing chemtrails in our skies. I thought RFK, was going to figure that out and stop it.
This idea should be squashed immediately … just refuse to pay it … what can they do?
Fueling Globalism: In The Name Of ‘Climate Change,’ The UN Seeks To Collect Carbon Tax On Global Shipments
Buygold
Newmont should certainly be paying a higher dividend. A big divvy raise would goose the whole industry, make people realize they can get an income plus appreciation from these Big established miners
Plus it would help keep the shorts off their neck!
Food for thought
“Newmont’s quarterly average realized price for gold jumped about 41% to $2,944 per ounce, compared with a year ago, while gold production fell 8.3% to 1.54 million ounces, hurt by reduced contributions from its non-core operations.”
We have spent most of April above $3K. Imagine what their earnings will look like if that avg. selling price jumps to $3,300 and the 8% production glitch gets remedied.
They are trading at 11 x earnings right now with gold realized at $2944. I believe that’s historically cheap for them and backward looking. They are paying a paltry dividend of $1 or 1.88%. They should immediately triple that dividend and be doing so without risk. I believe if they did, their shares would command a higher price.
The question becomes, what are they doing with their profits? Paying down debt? Looking to acquire assets?- if so, they better be producing assets. This is where we find out if their management is worth their weight.
I’m not sure why Blackrock would acquire 8.7% of the company unless they expected these shares to either pay them via dividend or go much higher. you can imagine they’ll be looking for seats on the board.
Looks like we’ve got some more correcting to do.
Not much change from 4 hours ago, although
the QQQ’s have come back and are now on their way up. Silver seems to like that development as it’s just shy of flat.
Surprisingly gold hasn’t moved, been in a $10 range since 0400 am. Shares continuing to firm up. HUI will have a nice pop at the open if nothing much changes. Can it hold and head back above 400?
Dollar still weak. Rates down 4 bips. Bitcoin down 1%. Oil up 1.5%
Don’t know what you guys are seeing but gasoline in our area jumped right back up from $2.95 to $3.10. Not sure why, I know distillate inventories were negative – close to 5 million barrels. I wonder if this administration has any plans for a new refinery or three. We could use them.
I said retail sales earlier, it’s the durable goods report that has come out. No real impact on anything other than silver has been hit for a dime.
Kobo Resources Commences 2025 Diamond Drill Program to Advance Priority Gold Targets at Kossou
https://ceo.ca/@businesswire/kobo-resources-commences-2025-diamond-drill-program
Plato Gold Reports on 2024 Year-End Results
https://ceo.ca/@GlobeNewswire/plato-gold-reports-on-2024-year-end-results
A.I.-Assisted Infill Drilling Intersects 2.22 g/t Au over 33.0 m at STLLR Gold’s Tower Gold Project
https://ceo.ca/@newsfile/ai-assisted-infill-drilling-intersects-222-gt-au
Summa Silver Confirms High-Grade Gold-Silver at the Kennedy Project, Nevada
https://ceo.ca/@newsfile/summa-silver-confirms-high-grade-gold-silver-at-the
Rackla Metals Completes Private Placement Financing, Raising $2.99 Million
https://ceo.ca/@thenewswire/rackla-metals-completes-private-placement-financing
AMERICAN FORK – Clifton Mining Company (OTCBB: CFTN) (Clifton) – “Production Startup”
https://ceo.ca/@newswire/american-fork-clifton-mining-company-otcbb-cftn-0f4ac
Sable Sells Third Party Royalties and Grants Royalty to Osisko Gold Royalties
https://ceo.ca/@GlobeNewswire/sable-sells-third-party-royalties-and-grants-royalty
Lake Victoria Gold Evaluates Small-Scale Development Concept at Tembo Project
https://ceo.ca/@newsfile/lake-victoria-gold-evaluates-small-scale-development
Mawson Finland Limited Reports Exploration Update: Completion of 2025 Winter Drilling Campaign, and On-Going Base-of-Till Programme
https://ceo.ca/@accesswire/mawson-finland-limited-reports-exploration-update
U.S. GoldMining Inc. Commences Metallurgical Testwork At Whistler Gold-Copper Project, Alaska
https://ceo.ca/@newswire/us-goldmining-inc-commences-metallurgical-testwork
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern Oregon
https://ceo.ca/@newsfile/provenance-gold-commences-2025-drilling-program-at
President’s Message: Advancing the Fondaway Canyon Project During Record Gold Prices
https://ceo.ca/@newswire/presidents-message-advancing-the-fondaway-canyon
Equinox Gold and Calibre Mining Amend Arrangement Agreement in Respect of Proposed Business Combination, Announce Adjournment of Respective Shareholder Meetings, New Meeting Dates Set for May 1, 2025
https://ceo.ca/@newsfile/equinox-gold-and-calibre-mining-amend-arrangement-agreement
FORTUNE BAY CLOSES $3,000,000 PRIVATE PLACEMENT
https://ceo.ca/@newswire/fortune-bay-closes-3000000-private-placement
Fairchild Gold Announces Closing of a Private Placement and Provides Corporate Update
https://ceo.ca/@newsfile/fairchild-gold-announces-closing-of-a-private-placement
Gold Royalty Announces First Quarter 2025 Preliminary Results
https://ceo.ca/@newswire/gold-royalty-announces-first-quarter-2025-preliminary
Rise Gold Announces US$3,000,000 Financing
https://ceo.ca/@newsfile/rise-gold-announces-us3000000-financing
Newmont Reports First Quarter 2025 Results
https://ceo.ca/@businesswire/newmont-reports-first-quarter-2025-results
Cabral Gold Announces an up to $10 Million Best Efforts Financing Including an Investment by Mr. Eric Sprott
https://ceo.ca/@newsfile/cabral-gold-announces-an-up-to-10-million-best-efforts
Xtra-Gold Announces Possible Delay in Filing Year-End Reporting Documents
https://ceo.ca/@newsfile/xtra-gold-announces-possible-delay-in-filing-year-end-96b59
American Creek Resources Increases Non-Brokered Private Placement up to $1,200,000
https://ceo.ca/@newsfile/american-creek-resources-increases-non-brokered-private
Cartier Resources Closes Offering with Paradigm Capital and Concurrent Offering for Aggregate Gross Proceeds of $11,398,596
https://ceo.ca/@GlobeNewswire/cartier-resources-closes-offering-with-paradigm-capital
Gold Recoveries Increased to Over 80%; Ongoing Metallurgical Work Produces a High-grade Copper, Gold and Silver Concentrate for the Goldstorm Deposit at Treaty Creek, Golden Triangle Region, Northwestern B.C.
https://ceo.ca/@thenewswire/gold-recoveries-increased-to-over-80-ongoing-metallurgical
Silver Range stakes projects in Arizona and Nevada
https://ceo.ca/content/sedar/SNG-2025-04-23-news-release-english-397d.pdf
SOUTHERN CROSS GOLD DRILLS 28.6 METRES @ 10.3 g/t GOLD AT SUNDAY CREEK
https://ceo.ca/content/sedar/MAW-2025-04-23-news-release-english-7a15.pdf
Gold Miners See Renewed Momentum as Precious Metal Hits New Highs
https://ceo.ca/@newswire/gold-miners-see-renewed-momentum-as-precious-metal-d63e0
Lancaster Secures Premier Gold Project in one of Australia’s Most Productive Mining Belts
https://ceo.ca/@GlobeNewswire/lancaster-secures-premier-gold-project-in-one-of-australias
Radisson Announces Upsize of Previously Announced Private Placement to $12 Million
https://ceo.ca/@newsfile/radisson-announces-upsize-of-previously-announced-private
GoldQuest Commences 2025 Exploration Program with 5,000 Meters of Drill Campaign
https://ceo.ca/@newsfile/goldquest-commences-2025-exploration-program-with-5000
Yukon Metals Announces 2025 Birch Property Drilling Campaign and Exploration Plans
https://ceo.ca/@GlobeNewswire/yukon-metals-announces-2025-birch-property-drilling
NEVADA CANYON ANNOUNCES SIGNIFICANT RESULTS FROM INITIAL EXPLORATION PROGRAM ON THE AGAI PAH PROPERTY
https://ceo.ca/@GlobeNewswire/nevada-canyon-announces-significant-results-from-initial
Dryden Gold Receives Notice of Top-Up Right from Centerra Gold
https://ceo.ca/@newsfile/dryden-gold-receives-notice-of-top-up-right-from-centerra
San Lorenzo Commences Expanded IP Geophysical Program At Salvadora Gold-Copper Property, Chile
https://ceo.ca/@thenewswire/san-lorenzo-commences-expanded-ip-geophysical-program
Freegold Intersects Higher-Grade in Both Cleary and WOW Zones in Drilling at Golden Summit
https://ceo.ca/@newswire/freegold-intersects-higher-grade-in-both-cleary-and
Puma Exploration Launches its 2025 Exploration Program at Williams Brook
https://ceo.ca/@GlobeNewswire/puma-exploration-launches-its-2025-exploration-program
Silvercorp Announces the Construction Plan and Schedule for the Development of the El Domo Project
https://ceo.ca/@newswire/silvercorp-announces-the-construction-plan-and-schedule
B.C. Government Files Responses to Petitions Challenging KSM’s Substantially Started Designation
https://ceo.ca/@newsfile/bc-government-files-responses-to-petitions-challenging
Juggernaut Increases Oversubscribed Financing to $8,600,000 due to Strong Demand from Institutions and Accredited Investors
https://ceo.ca/@thenewswire/juggernaut-increases-oversubscribed-financing-to-8600000
Galore Announces Update On The Dos Santos Project
https://ceo.ca/@thenewswire/galore-announces-update-on-the-dos-santos-project
Founders Metals Extends Buese Gold Mineralization over 1,000 m & Intersects 21.6 m of 2.38 g/t Au
https://ceo.ca/@newsfile/founders-metals-extends-buese-gold-mineralization-over
FOKUS MINING IDENTIFIES MULTIPLE TARGETS FROM DEEP TITAN SURVEY AND PREPARES FOR PHASE 2 DRILLING
https://ceo.ca/@newswire/fokus-mining-identifies-multiple-targets-from-deep
Back in the trend?
Gold is up $48 at the moment, which is $30 off the highs here in the overnights. Silver down $.21
Looks like what we’ve been seeing lately with gold strong and silver susceptible. At least silver is at a higher level after yesterday’s rally.
Dollar resuming its decline. Rates down 2 bips. Oil up 1%. Bitcoin down 1%. All this with the SM futures down 1% or so.
Today’s big test will be how NEM performs post earnings. It’s up 2% in the premarket. Most of the other shares are up as well, including the silver shares. It’s way too early to tell how they’ll look by the time the SM opens, but hopefully they’ll get some traction. I believe the bellwether AEM is out with earnings today, so we’ll get another glimpse into the state of the majors.
Durable goods are the big numbers coming out in a few hours, although eco news hasn’t mattered all that much to pm’s in the last couple of weeks. Looks like they are expecting the numbers to tick up a little.
If this little correction in gold has run its course, it might break all records for being the shortest in pm history. GLD did fill a small gap at $300, but if that’s all we get it would be a surprise. According to ZH, GLD had the largest outflows since 2011 yesterday, surprised more damage wasn’t done.
Onward pilgrims!
