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Street Running
https://www.railpictures.net/photo/879043/
Eruption!
Kilauea Volcano is erupting tonight for Mothers Day. It may not last long…
BIG
Pan American Silver Announces Agreement to Acquire MAG Silver Corp.
https://finance.yahoo.com/news/pan-american-silver-announces-agreement-021900101.html
Sort of as expected
Gold getting hit for $40, a little over 1% on the good trade news. Curiously silver is flat, down $.07, not much damage. We have London ahead and they’ll probably try to pile on.
SM futures up over 1%. Should have a good night.
Another week begins.
Goldielocks, Happy Mothers Day to You too!…and here’s a real gift for all who will watch it. It might just change how you think.
Robert Kiyosaki, telling how and why he became rich, and it’s not working a 9 to 5 job. He starts at about 8 minutes, and IMO what he discloses is Priceless! sng
SNG 10:27 May 10
Happy mother’s day to your wife. I got the best strawberry s I ever tasted. If I had a choice of them on a angle food cake with home whipped cream which was always eaten within minutes of making it so hard to grab a piece first or just these strawberries by themselves, Id pick the strawberries. At least we’ll know what food taste like once if they get away with starving the people and hope they don’t which should also have more serious consequences.
On that video I wonder if that was another reason gold was being bought. I wasn’t sure what they were talking about with basal 3 and hope it’s subject to monitoring but we know how that can go.
How will Basel III affect gold?
The regulations effectively end the fractional reserve system in gold trading, where banks could trade gold certificates without holding equivalent physical metal. Under Basel 3, banks must maintain a 100% reserve ratio for precious metals, fundamentally altering the economics of gold trading.Apr 4, 2025
So, the SM will no doubt soar tomorrow
What about our pm’s? Do they take a hit on the trade news or does it change anything at all?
My guess would be that we take a hit, but I’m not sure of the dynamics of the large entities buying the gold and why exactly.
The Fed also just lost their excuse not to cut rates.
After all the weeping and gnashing of teeth, the China trade deal is done
and yet they were so powerful!