How is President Trump doing? With a one being worst and a ten the best.
Total Voters: 36
Loading ...https://www.zerohedge.com/geopolitical/spain-hit-massive-really-massive-power-blackout
Followed by:
“Zelenskyy spoke with the Prime Minister of Spain and offered him assistance in restoring the energy sector. “I instructed the Minister of Energy of Ukraine to act as quickly as possible. Our technical specialists are ready to help.””
Surreal. The little creep just can’t resist shouting his mouth off. As if Ukraine could possibly have any spare capacity to help in restoring a grid.
But then who holds the reserves. Say if we feared bank failures what’s the fastest way to get your money out? To transfer to a broker then buy dollars or treasures could take days. Stable coin would be the fastest. Now if brokers could take them that would help.
So who are the reserves. I checked.
I don’t know if they would use it either less their currency was falling. Otherwise I think that’s why they call it stable coin if it’s pegged to the dollar or another currency and doesn’t float.
Those who trade currency’s could make money moving it around. Like when ours went down and caused their to gain and vise versa if they got their timing right. I don’t know if there’s any costs involved with that. Like for some reason the Swiss franc trust went way up recently.
FXF and SWZ but not in big numbers. I wasn’t watching the others like Euro or yen. I’m sure they went up too. If you traveled and saw it moving you could switch over easier than transferring currency in a bank. So travel or having some money out of the bank could be helpful.
Might be good to travel with because you can move it to different currency’s or banks you link it too in case of robbery when they force you to draw money out like south of the border or we let them turn it to a third world Cambodian type hell hell on earth here it could come in handy.
Yeah, I don’t know. Bitcoin is too volatile to be linked to a currency for starters. I’ve heard rumblings of XRP maybe, but I don’t know. I suppose the biggest question is whether the world would accept a crypto dollar in trade? Same problems, different vehicle.
Took them all day, but finally popped NEM and the HUI positive. Probably more about the SM but hey, a win is a win.
Crypto, besides the original Bitcoin it seems they want to link it to the dollar they can’t do with original other than own it How will that save the currency if it’s linked to it? When the dollar goes into a free fall with the printing press a few years from now or less globally, I have a feeling the coins linked to that falling currency will go down with it.
Troublemaker! 🙂
At least for gold. What are the chances the banks end up long before this is all said and done?
CFTC Commitments of Traders Report – CMX (Futures Only)
Rates continue to inch lower, dollar too. There doesn’t seem to be a surefire correlation between the two.
I’m surprised it’s not helping stocks more. I’m also wondering if bond players are trying to front run the Fed.
No. Hehe. 🙂
Graddhy – Commodities TA+Cycles
@graddhybpc
#silver´s ATH is not 50, it is 806. In 1998 USD value…
Silver had been in decline for 500+ years when it bottomed around the millenium.
Could 800 happen briefly again when silver goes ballistic at the end of the commodities bull?
Absolutely.
Everyone play too hard this weekend?
We are getting older, so a rough weekend is cause for rest. 🙂
I thought we might have a few more visitors to the site as the metals went higher but seems the general public hasn’t really participated in this run yet. Still playing with stocks and crypto. PM’s are long forgotten…..until they’re not. So far just the big money folks are playing?
2nd half of the day kicks off. We’re going to need silver higher to get these shares unhooked from the SM.
Gold is so impressive.***
We might get a little window to buy here over the next few days.
To go along with the article, I checked out my golddealer.com. I’ve bought from them since 2001. It appears that premiums are starting to rise a bit and they are offering spot for sellers, where they were offer 1% below a month or two ago.
Most interesting to me is that they were sold out of 10 oz. and above bars. I think they had a kilo bar but everything above 1 ounce is gone. Some 1 oz. gone to. It appears demand is picking up and sellers are drying up. Very good sign for future prices IMO
that the cretins have today, tomorrow, and Wednesday to “mark” their positions to the optimum advantage for them……..Perhaps these last 3 days of the month will give us a few opportunities to nibble on a few things?????
Gold seems to want to hold $3300. We were down a lot more in the overnight’s. Even silver coming back.
https://www.zerohedge.com/precious-metals/did-someone-call-comex-bluff
Montage Gold Announces Graduation to the Toronto Stock Exchange
https://ceo.ca/@GlobeNewswire/montage-gold-announces-graduation-to-the-toronto-stock
Guanajuato Silver Reports Third Consecutive Quarter of Positive Mine Operating Income
https://ceo.ca/@accesswire/guanajuato-silver-reports-third-consecutive-quarter
Americas Gold & Silver to Be Included in Solactive Global Silver Miners Index (SIL)
https://ceo.ca/@businesswire/americas-gold-silver-to-be-included-in-solactive
Eagle Plains Resources and SKRR Exploration Provide Update on the Olson Gold Project
https://ceo.ca/@accesswire/eagle-plains-resources-and-skrr-exploration-provide
LUCA’S CASH BALANCE SURGES TO US$21 MILLION THROUGH WARRANT EXERCISE AND CASH FLOW
https://ceo.ca/@newswire/lucas-cash-balance-surges-to-us21-million-through
First Mining Adds Second Drill Rig at the Duparquet Gold Project and Provides Corporate Update
https://ceo.ca/@newswire/first-mining-adds-second-drill-rig-at-the-duparquet
Osisko Development Announces Optimized Feasibility Study for Permitted Cariboo Gold Project with C$943 Million After-Tax NPV5% and 22.1% IRR at US$2,400/oz Base Case Gold Price; at US$3,300/oz Spot Gold C$2.1 Billion After-Tax NPV5% and 38.0% IRR
https://ceo.ca/@GlobeNewswire/osisko-development-announces-optimized-feasibility
Barrick Gold Corporation Plans to Change Name to BARRICK MINING CORPORATION
https://ceo.ca/@GlobeNewswire/barrick-gold-corporation-plans-to-change-name-to-barrick
G2 Continues to Expand New Surface Gold Discovery and Provides Exploration Update
https://ceo.ca/@GlobeNewswire/g2-continues-to-expand-new-surface-gold-discovery-and
Northisle Commences 2025 Drilling and Field Program
https://ceo.ca/@businesswire/northisle-commences-2025-drilling-and-field-program
Heliostar Delivers Strong First Quarter 2025 Results
https://ceo.ca/@newsfile/heliostar-delivers-strong-first-quarter-2025-results
Carolina Rush Identifies Compelling Porphyry Drill Targets from Deep-Sensing MT-IP Geophysical Survey at Brewer Gold-Copper Project
https://ceo.ca/@newsfile/carolina-rush-identifies-compelling-porphyry-drill
Azimut Arranges Strategic Investment by Centerra Gold
https://ceo.ca/@GlobeNewswire/azimut-arranges-strategic-investment-by-centerra-gold
Orosur Mining Inc Announces Results for Third Quarter ended February 28th 2025
https://ceo.ca/@accesswire/orosur-mining-inc-announces-results-for-third-quarter-5e75b
Higginsville Expansion Plan
https://ceo.ca/@newswire/higginsville-expansion-plan
Benz Announces Closing Tranche 1 of A$13.5M Financing
https://ceo.ca/@newsfile/benz-announces-closing-tranche-1-of-a135m-financing
Benz Drilling Highlights Exciting Expansion Potential at Glenburgh Gold Project
https://ceo.ca/@newsfile/benz-drilling-highlights-exciting-expansion-potential
Perseus Mining Proceeds with Development of Nyanzaga Gold Project
https://ceo.ca/@GlobeNewswire/perseus-mining-proceeds-with-development-of-nyanzaga
Alkane and Mandalay Combine to Create Growing Gold and Antimony Producer
https://ceo.ca/@GlobeNewswire/alkane-and-mandalay-combine-to-create-growing-gold
The Asset with No Lobby: Jim Rickards Reveals the Most Valuable Untouched Resource in U.S. History
https://ceo.ca/@GlobeNewswire/the-asset-with-no-lobby-jim-rickards-reveals-the-most
Eric Sprott Announces Changes to His Holdings in Jaguar Mining Inc.
https://ceo.ca/@newsfile/eric-sprott-announces-changes-to-his-holdings-in-jaguar-555a9
PALISADES ANNOUNCES US$6 MILLION SECURED CONVERTIBLE NOTES NON-BROKERED PRIVATE PLACEMENT WITH STRATEGIC INVESTOR
https://ceo.ca/@newswire/palisades-announces-us6-million-secured-convertible
Alma Gold Announces Private Placement
https://ceo.ca/@newsfile/alma-gold-announces-private-placement-bf379
Kenorland Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
https://ceo.ca/@newsfile/kenorland-receives-notice-of-exercise-of-top-up-right-c5d5d
Lancaster Secures Premier Gold Project in one of Australia’s Most Productive Mining Belts
https://ceo.ca/content/sedar/LCR-2025-04-25-news-release-english-d995.pdf
Cabral Gold Announces Upsizing of Best Efforts Financing to $13 Million
https://ceo.ca/@newsfile/cabral-gold-announces-upsizing-of-best-efforts-financing
Juggernaut Further Increases Oversubscribed Financing to $9,557,000 due to Tremendous Strong Demand from Institutions and Accredited Investors
https://ceo.ca/@thenewswire/juggernaut-further-increases-oversubscribed-financing
Greenheart Gold Announces Filing of Annual Financial Statements and Provides a Corporate Update
https://ceo.ca/@GlobeNewswire/greenheart-gold-announces-filing-of-annual-financial
Tocvan Drilling Update Gran Pilar Gold – Silver Project Provides Corporate Update and Webinar Announcement
https://ceo.ca/content/sedar/TOC-2025-04-25-news-release-english-f0b2.pdf
Sokoman Minerals Completes Vinland Shares Spin-Out
https://ceo.ca/@newsfile/sokoman-minerals-completes-vinland-shares-spin-out
Rhyolite Resources Announces Private Placement
https://ceo.ca/@newsfile/rhyolite-resources-announces-private-placement-2b764
New Pacific Metals Says It Has The Silver Bullets For A Silver-Starved World
https://ceo.ca/@thenewswire/new-pacific-metals-says-it-has-the-silver-bullets-for
Loncor Gold Reports Multiple Gold Intersections from Its Deepest Drill Hole at Adumbi
https://ceo.ca/@newsfile/loncor-gold-reports-multiple-gold-intersections-from
Aurania Appoints Corporate Secretary and Provides Highlights from Year End Financial Statements
https://ceo.ca/@newsfile/aurania-appoints-corporate-secretary-and-provides-highlights
….posted this morning.
Conclusion
The data continues to show that there is a lot of movement going on behind the scenes in the gold market. The price of gold has reflected this, hitting new all-time highs multiple times in April before seeing some profit taking.
This is not your ordinary gold market. The market is under pressure and there are a lot of people fighting over limited supply of physical gold. The tariff exclusion did not seem to slow the demand of physical.
It may take several more months for all this to play out, but one thing is for sure… the fireworks are not slowing. The Comex data is sending up loud signals. Physical gold is in demand. Do you have enough?
