Loading ...? #BREAKING: The Trump administration is NO LONGER recommending annual COVID vaccines for healthy & young people, per AP
FINALLY!
The whole world is dollar bearish…..
hence the selling at every chance…..whether they are right is another story…..if they are wrong it will be a fast run back , as most are already short.
ferrett @ 21:12
I sure hope this new Super Funds tax doesn’t come to fruition. They are going to destroy the capital markets there. It’s a shame that Australia is going down this socialist road. At the end of this road is the impoverishment of the country.
The tax man is voracious!
Cheers
Silver Storm Announces Brokered Private Placement for Gross Proceeds of up to C$6.0 Million
https://pro.ceo.ca/@businesswire/silver-storm-announces-brokered-private-placement-for
Hecla Releases 2024 Sustainability Report
https://pro.ceo.ca/@businesswire/hecla-releases-2024-sustainability-report
Radius Gold Signs Tlacolula NSR Guarantee Agreement with New Owners of San Jose Mine, Mexico
https://pro.ceo.ca/@thenewswire/radius-gold-signs-tlacolula-nsr-guarantee-agreement
Aya Gold & Silver Reports High-Grade Silver Results at Depth and Identifies New Zgounder Regional Targets
https://pro.ceo.ca/@globenewswire/aya-gold-silver-reports-high-grade-silver-results-42b86
Mako Mining Intersects 39.15 g/t Au over 5.9 m (Estimated True Width) 19.2 m Below Surface In its Inaugural Drill Campaign at El Golfo
https://pro.ceo.ca/@accesswire/mako-mining-intersects-3915-gt-au-over-59-m-estimated
Cabral Gold Drills 49m @ 2.0 g/t Gold at the Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil
https://pro.ceo.ca/@newsfile/cabral-gold-drills-49m-20-gt-gold-at-the-jerimum
Radisson Expands Drill Program at O’Brien Gold Project and Outlines Drilling Priorities
https://pro.ceo.ca/@newsfile/radisson-expands-drill-program-at-obrien-gold-project
Astra Provides Update on Drill Program at La Manchuria Project, Argentina
https://pro.ceo.ca/@newsfile/astra-provides-update-on-drill-program-at-la-manchuria
Queen’s Road Capital Notes Adriatic Metals’ Announcement
https://pro.ceo.ca/@newsfile/queens-road-capital-notes-adriatic-metals-announcement
Royal Gold Acquires Stream and Royalty Interests on the Large-Scale, Long-Life, Warintza Copper-Gold-Molybdenum Development Project in Ecuador
https://pro.ceo.ca/@businesswire/royal-gold-acquires-stream-and-royalty-interests-on
Amex Exploration Significantly Increases Gold Resource on Perron – 1.615 Moz Measured and Indicated at 6.14 g/t Au in 8.183 Mt and 698 koz Inferred at 4.31 g/t Au in 5.044 Mt
https://pro.ceo.ca/@newsfile/amex-exploration-significantly-increases-gold-resource
NGEx Discovers Major Copper-Gold Porphyry System at Lunahuasi, Drills 1,619.4m at 0.87% CuEq including 876.4m at 1.13% CuEq
https://pro.ceo.ca/@newswire/ngex-discovers-major-copper-gold-porphyry-system-at
Solaris Enters into US$200 Million Financing Agreements with Royal Gold to Advance the Warintza Project
https://pro.ceo.ca/@globenewswire/solaris-enters-into-us200-million-financing-agreements
Fortuna publishes its 2024 Sustainability Report
https://pro.ceo.ca/@globenewswire/fortuna-publishes-its-2024-sustainability-report
Makenita Resources Receives Full DTC Eligibility for USA Trading
https://pro.ceo.ca/@newsfile/makenita-resources-receives-full-dtc-eligibility-for
Benz Launches 30,000m Drilling Program at the Glenburgh Gold Project
https://pro.ceo.ca/@newsfile/benz-launches-30000m-drilling-program-at-the-glenburgh
Southern Cross Gold Closes Third and Final Tranche of Private Placement
https://pro.ceo.ca/@newsfile/southern-cross-gold-closes-third-and-final-tranche
O2Gold Provides Update on Quebec Aur Transaction
https://pro.ceo.ca/@globenewswire/o2gold-provides-update-on-quebec-aur-transaction-2950e
DynaResource Reports Q1 2025 Results and Improved Operating Profitability at the San Jose de Gracia Mine
https://pro.ceo.ca/@newsfile/dynaresource-reports-q1-2025-results-and-improved-operating
Golden Minerals Reports First Quarter 2025 Financial Results
https://pro.ceo.ca/@businesswire/golden-minerals-reports-first-quarter-2025-financial
Great Pacific Gold Announces 1:1 Spin Out of Australian Walhalla Gold Project
https://ceo.ca/content/sedar/GPAC-2025-05-20-news-release-english-57f1.pdf
ValOre and South Atlantic Provide Update on Proposed Amalgamation
https://pro.ceo.ca/@globenewswire/valore-and-south-atlantic-provide-update-on-proposed
Torex Gold Reports Latest Drilling Results from ELG Underground
https://pro.ceo.ca/@newsfile/torex-gold-reports-latest-drilling-results-from-elg
Amaroq Files Technical Report for its Nalunaq Property
https://pro.ceo.ca/@globenewswire/amaroq-files-technical-report-for-its-nalunaq-property
Intrepid Metals Completes Tombstone Amendment
https://pro.ceo.ca/@newsfile/intrepid-metals-completes-tombstone-amendment
Dakota Gold Provides Corporate Update
https://pro.ceo.ca/@newsfile/dakota-gold-provides-corporate-update
Lode Gold Leverages Artificial Intelligence to Drive Exploration and Growth in Yukon
https://pro.ceo.ca/@newsfile/lode-gold-leverages-artificial-intelligence-to-drive
Iconic Provides Corporate Update on New Pass Gold Property and Engagement of Investor Relations
https://pro.ceo.ca/@newsfile/iconic-provides-corporate-update-on-new-pass-gold-property
GoldMining Inc. Commences Exploration Drilling at São Jorge Project, Brazil
https://ceo.ca/content/sedar/GOLD-2025-05-20-news-release-english-4e38.pdf
Mithril Silver and Gold Returns 11.5m @ 8.61 g/t Gold, 57.6 g/t Silver from 44.5 Metres in Hole T2DH25-006 at Target 2 Area, Copalquin Property, Mexico
https://pro.ceo.ca/@thenewswire/mithril-silver-and-gold-returns-115m-861-gt-gold
Thunder Mountain Gold, Inc. Secures Additional US$1,200,000 (CAD$1,676,000) for South Mountain Project Exploration Program
https://pro.ceo.ca/@newsfile/thunder-mountain-gold-inc-secures-additional-us1200000
SLAM Reports New Gold Discovery – Grab Samples Assay 18.50 To 75.90 g/t Gold
https://pro.ceo.ca/@accesswire/slam-reports-new-gold-discovery-grab-samples-assay
Kinross Commences 8,000m Drilling Program on BTU’s Dixie Halo Property Adjacent To Kinross’ Great Bear Project
https://pro.ceo.ca/@accesswire/kinross-commences-8000m-drilling-program-on-btus
Golden Cariboo Intersects 1.02 g/t Gold over 37.00 m (121.4 ft) within a Broader Intercept of 0.74 g/t Gold over 61.49 m (201.7 ft) Near Surface at Halo Zone
https://pro.ceo.ca/@thenewswire/golden-cariboo-intersects-102-gt-gold-over-3700
Tectonic Metals Closes $12.7 Million Financing – More Than 80% Oversubscribed – To Launch Multi-Rig Drill Program at Flat Gold Project
https://pro.ceo.ca/@accesswire/tectonic-metals-closes-127-million-financing-more
Cascadia Commences First Drill Test of 1,065 g/t Gold Outcrop at Amp Zone Catch Copper-Gold Property, Yukon
https://pro.ceo.ca/@newswire/cascadia-commences-first-drill-test-of-1065-gt-gold
VIOR ANNOUNCES AN EXPLORATION AGREEMENT WITH LONG POINT FIRST NATION
https://pro.ceo.ca/@newswire/vior-announces-an-exploration-agreement-with-long-point
SILVER CROWN ROYALTIES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
https://ceo.ca/content/sedar/SCRI-2025-05-20-news-release-english-9a95.pdf
Golden Rapture Acquires Hutchison Gold Mine Project
https://pro.ceo.ca/@thenewswire/golden-rapture-acquires-hutchison-gold-mine-project
Dynacor Group Reports Sales of US$22.8 Million in April 2025
https://pro.ceo.ca/@businesswire/dynacor-group-reports-sales-of-us228-million-in-april
“I’m not used to seeing the dollar fall when rates rise.”
Good point. Usually higher rates make for a better return on the dollar.
We all know the relationship between bond prices and yields. Yield up, Treasury price down, and usually dollar up. If the dollar is down too, it means people don’t want dollars or USTs. So, they are selling Treasuries and then converting the USD into something else? Yen, Euro and AUD by the looks of it. Maybe gold, but not obvious tonight.
Has the selling of America begun? Are outsiders seeing the ugly part of the BBB?
Morning maddog
Is the Fed the buyer in there trying to defend the 4.5% level? Never really considered this but I wonder how much the Fed actually holds in UST’s? We talk about other countries, but I would imagine the Fed’s holdings dwarf those of China and Japan. Seems if they wanted to take our bond market down, they could do it pretty easily.
I’m not used to seeing the dollar fall when rates rise. That’s something we haven’t seen here in the US, I’d guess since maybe the late 70’s, early 80’s. I’m not sure. The point being that the dollar falling with rates rising may not be a good sign for the dollar?
Following through
Extending yesterday’s gains early on here despite the SM futures weakening, particularly in the last hour. Dollar too, as rates jumped back above 4.5% to 4.54%. Right now, we are one of the lone standouts in the market. I love it when that’s the case.
PM’s and shares are steady. GDX & GDXJ up 1% premarket and outperforming the metals. Would like to see the HUI up another 20 pts. in the next couple of days, we’ll see how that goes in a weak SM.
Silver lagging as usual and if they’re going to get us, silver will buckle first. Gold just grinds higher.
No follow thru in platinum or palladium just yet, maybe if they catch a bid silver will as well.
Not a whole lot of things that are higher this am. Oil stands out, up 1.2%. Bitcoin flat.
No eco data today. Markets are on their own.
Somebody is massively short of silver and is in the last chance saloon, unless they are prepared to go way further short
which they are …by the looks of the over night action….meanwhile more and more can see just what a juicy trade is building up !!!!!
But the AU/AG spread threatens that Gold will still out perform Silver, if this is a bull flag and it sure looks like one.
Uniparty. No difference between the r-eft and the l-ight.
Doesn’t matter who you vote for, a bunch of lizards always wins (Douglas Adams, HHGTTG).
And although I’ve always thought your presidential system weird, it does at least give a chance for the country to elect a rogue guy who doesn’t have to go through interminable selection and election processes just to get on the ticket. That is, he has to prove himself to be ‘sound’ to the selectors, not going to ‘rock the boat’, preferably not too bright or prone to think for himself.
I see Scott Adams joins the list of vaxxed walking dead.
Ferrett
Did the Democrats move over to Australia. Sounds like you have the sack the city politics going on even without war. That’s crazy.
Mike Pento 3 days ago
Gold, Silver and commodities. Silver could shine next and why. Gold will replace the dollar reserve. Recession over for now.
ipso 11:01 Aussie super tax
The raven wasn’t quite accurate, it’s not coming into place this year – now {edit: actually not yet but maybe by 1st July 2025 as QTR says, I didn’t realise it was firmly back on the agenda for this year} – but with their large majority after the election earlier this month nothing can stop them if they want to. The pushback here is huge. Several articles pointing out that it won’t raise as much revenue as the govt expects detailing the many ways to avoid it. As usual, it would be the small Super investor who can’t afford the tax advisors to avoid it.
If it did happen we’ll have a little giggle at Ferret Hovel as a rellie can’t stop boasting about how well he’s done with his strip mall, which is in his Super fund. So he’ll be up for a sum well into six figures (if what he’s been saying is true) for tax which he’ll probably have to borrow; you can’t really sell an eighth of a strip mall.
I told ’em 35 years ago. The rules will change, only allow the absolute minimum into your super, put the rest in savings where you have more control. As the numbers build the government just won’t be able to keep their hands off it. The pot is now AU$4.2 tn (WOW! there’s that $4tn number again) and it’s all subject to a morass of legislation. I thought they would start to force people to own govt bonds, and I still think that they’ll use the next stock market crash to do that. For your own safety and peace of mind, of course. Annuities funding your retirement with interest from the government.
{edit} as a matter of interest, that $4.2tn pot is now so big that the large super funds can’t justify investing any more in the ASX as they hold such a large chunk of the market. They already have huge overseas stock holdings, but that’s where their growth will be directed now.
Buygold
That thought passed my mind after volunteering to be a guinea pig with immune system chemo and who would think that type would make you sick and low low energy but it did. It worked though. I just didn’t want to think about it. Thinking of you on vacation is more positive.
I hope they’re giving you the best treatment as possible to put you in remission and keep you there where your just in maintenance. If they’re watching your RBCs and your getting enough iron.
I’m not sure what you have exactly but here’s a link on diet that might help with treatment and things not good to eat. Omega 3 also helps battle inflammation. Green leafs have iron too. I’m sure there is plenty of info on that, this is just one.
https://www.mymyelomateam.com/resources/multiple-myeloma-diet-and-nutrition-tips
I Posted This On may 13th: Here’s My Bold Prediction: – copy
We will never see Gold below $3,200/oz , and we will never see Silver below $32/oz. To me they are now support levels.
Mr.Copper
Re Bannon …LoL….have passed yr message on…..not sure the answer will be allowed on family Blog !!!!
Cheers
Surprisingly good day
This one might have caught some folks off guard, surprised me for sure. Especially silver popping above $33. $50-60 up days in gold seem to be commonplace these days.
The real move was in platinum and palladium, up 5.6% and 4.36% respectively, that may have dragged silver up with them. Whatever works.
The shares were the big surprise though; the HUI closed above the 200 dma yesterday and actually got follow thru. GDX and GDXJ had good volume and so did a lot of the midgets I follow. Who would have thought?
Hopefully we get a three day move that gets us back above 400. The chart looks like that’s the set-up to me anyway, similar to what we’ve seen since the beginning of the year. Correction times were about the same in March and April. JMHO but looks like we have a shot.
Gotta be grateful for days like this, surely we’ve seen enough of them go the other way over the years.
Goldie – 3rd round of chemo yesterday, had a pretty good bout of fatigue the two days before, just not in the right frame to post. Good day today, hit the gym and did the usual chores. Just don’t know from day to day how my body is going to react.
Domes
These missile domes, Trump wants one here. What about drones? Missiles can’t see you, drones can.
Mr Copper
Lol
Maddog @ 14:54 Re Bannon
Tell Bannon, Mr Copper said….”The bigger the explanation, the bigger the lie”
Cheers!!!