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.
… and how is this poison still encouraged? I guess the money is gigantic. So should be the repercussions!
illuminatibot reposted
healthbot
@thehealthb0t
Medical officer reveals Covid Vaccine related HEART ISSUES skyrocketing in active duty Naval officers.
Myocarditis rises 151%
Pulmonary heart disease up 62%
Ischemic heart disease up 69%
Heart Failure increased a whopping 973%
Buygold
“Rally Monkey” Not gonna do it Nope not me Nope! ![]()
Positive development? Some kind of game?
Trump’s Rift With Bibi Might Be Irreconcilable
A report circulated last week alleging that Trump cut off all direct contact with Bibi after feeling manipulated by him. For as sensational as it sounds, the larger context suggests that it might be true. For starters, there was bad blood between them since late 2020 after Trump reportedly felt betrayed by Bibi recognizing Biden’s electoral victory while Trump was still challenging it in the courts.
https://www.zerohedge.com/geopolitical/trumps-rift-bibi-might-be-irreconcilable
Ipso – nice chart there of silver uses
I guess it really is an industrial metal for the most part. Problem is that it somehow ignores the supply/demand imbalance and makes it even more important to keep the price on lockdown.
We are the 3.9% of users that actually want it to go higher, everyone else wants to get it cheaper.
Will one of you guys throw the rally monkey out there? I can feel it coming…. 🙂
First hour in the books. Time for these shares to sh*t or get of the pot.
Treefrog
Indeed. ??
CPI comes in soft
2.3% vs 2.4% estimates y/y
0.2% vs 0.3% estimates m/m
The dollar is slipping a little. SM up a little, QQQ’s outperforming. Oil still up over 1%. Bitcoin up about 1%. Rates about the same 4.44%
Then there’s pm’s, trying to hold the flatline after being higher all night. Smells like a correction, even though a lot of damage was done yesterday to the shares. How long is beyond my capacity to know. Not sure what has changed. Pressure should be on the Fed, but we’ll see.
buygold, 19:25
fauxcahontas, not pocahontas…
Buygold
“How much easier would it have been if we’d never allowed these countries to rape us in the first place?”
I’m with you brother. No one’s been minding the store for a very long time!
Silver47 and Summa Silver Announce Merger to Create a Premier U.S. High Grade Silver Explorer & Developer and C$5 Million Brokered Financing
https://ceo.ca/@newsfile/silver47-and-summa-silver-announce-merger-to-create-f05db
RUA GOLD Completes the Second Phase of Surface Exploration and Drill Targeting at the Glamorgan Project, New Zealand
https://ceo.ca/@newsfile/rua-gold-completes-the-second-phase-of-surface-exploration
Golden Cross Resources to Utilize VRIFY’s AI-Assisted Mineral Discovery Platform at Its Reedy Creek High-Grade Gold Project in Victoria, Australia
https://ceo.ca/@newsfile/golden-cross-resources-to-utilize-vrifys-ai-assisted
Kuya Silver Announces Joint Venture Agreement on Umm Hadid Silver-Gold Project, Saudi Arabia
https://ceo.ca/@newsfile/kuya-silver-announces-joint-venture-agreement-on-umm
Northern Superior Reports New Discovery With 18.0 Metres of 2.48 g/t Au Including 4.9 Metres of 7.02 g/t Au and Strong Step-Out Results With 50.3 Metres at 0.70 g/t Au Including 13.3 Metres of 1.47 g/t Au at Philibert(1)
https://ceo.ca/@accesswire/northern-superior-reports-new-discovery-with-180-metres
Aztec Minerals Closes Oversubscribed $3.6 million Private Placement
https://ceo.ca/@thenewswire/aztec-minerals-closes-oversubscribed-36-million-private
Aya Gold & Silver Reports Record Q1-2025 Results, Strengthens Liquidity and Reaffirms Guidance
https://ceo.ca/@GlobeNewswire/aya-gold-silver-reports-record-q1-2025-results-strengthens
G2 Drills 76m @ 1.5 g/t Au and 3m @ 12.5 g/t Au in Scout Drilling at Peters Mine, Guyana
https://ceo.ca/@GlobeNewswire/g2-drills-76m-15-gt-au-and-3m-125-gt-auin
Cabral Gold Drills 2m @ 52.3 g/t Gold at the Machichie Main Gold Deposit, Cuiú Cuiú Gold District, Brazil
https://ceo.ca/@newsfile/cabral-gold-drills-2m-523-gt-gold-at-the-machichie
Mawson Finland Limited Announces Significant Progress in Permitting Process for the Rajapalot Gold-Cobalt Project, Finland
https://ceo.ca/@accesswire/mawson-finland-limited-announces-significant-progress
Exploits Enters into Option Agreement for District-Scale Gold Project in Ontario
https://ceo.ca/@newsfile/exploits-enters-into-option-agreement-for-district-scale
Dr. Steve Garwin Provides Independent Review of American Eagle’s NAK Project
https://ceo.ca/@newsfile/dr-steve-garwin-provides-independent-review-of-american
Liberty Gold Commences 40,000 Meter Feasibility Drill Program and Bulk Metallurgical Sampling at the Black Pine Oxide Gold Project, Idaho
https://ceo.ca/@GlobeNewswire/liberty-gold-commences-40000-meter-feasibility-drill
Fortuna Completes Divestiture of Yaramoko Mine and Provides Updated 2025 Production and Cost Guidance
https://ceo.ca/@GlobeNewswire/fortuna-completes-divestiture-of-yaramoko-mine-and
GOLDEN AGE EXPLORATION LTD. Explora on Update
https://ceo.ca/content/sedar/GDN-2025-05-13-news-release-english-b8cd.pdf
West Red Lake Gold Intersects 48.97 g/t Au over 18.7m, 52.86 g/t Au over 4.5m and 25.49 g/t Au over 7.5m at South Austin – Madsen Mine
https://ceo.ca/@GlobeNewswire/west-red-lake-gold-intersects-4897-gt-au-over-187m
Golden Cariboo Intersects Additional Strong Veining with Visible Gold in Halo Zone Extension
https://ceo.ca/@thenewswire/golden-cariboo-intersects-additional-strong-veining
Hi-View Resources Acquires Additional Claims Contagious to Lawyers East Block in the Toodoggone District
https://ceo.ca/@GlobeNewswire/hi-view-resources-acquires-additional-claims-contagious
Starcore Announces Fourth Quarter Production Results
https://ceo.ca/@newsfile/starcore-announces-fourth-quarter-production-results-448db
2024 Exploration Update for Strategic Minerals JV
https://ceo.ca/@GlobeNewswire/2024-exploration-update-for-strategic-minerals-jv
Gold Mountain Provides Update On Elk Mine Project
https://ceo.ca/content/sedar/GMTN-2025-05-12-news-release-english-ed73.pdf
Ascot Reports First Quarter 2025 Results
https://ceo.ca/@GlobeNewswire/ascot-reports-first-quarter-2025-results
Dynasty Gold Announces Non-Brokered Private Placement Up to $1 Million
https://ceo.ca/@newsfile/dynasty-gold-announces-non-brokered-private-placement-4df87
Prime Mining Reports Q1 2025 Financial and Operating Results
https://ceo.ca/@GlobeNewswire/prime-mining-reports-q1-2025-financial-and-operating
Carlton Precious Announces Non-Brokered $1 Million Private Placement
https://ceo.ca/@GlobeNewswire/carlton-precious-announces-non-brokered-1-million
Gold Resource Corporation Reports Financial Results for the First Quarter of 2025
https://ceo.ca/@businesswire/gold-resource-corporation-reports-financial-results-23a4e
G Mining Ventures Announces Restatement of its 2024 Financial Statements Following Non-Cash Foreign Exchange Accounting Adjustments
https://ceo.ca/@newswire/g-mining-ventures-announces-restatement-of-its-2024
Kalo Gold Closes First Tranche $4.07 Million in Oversubscribed Private Placement to Fund Drilling at Vatu Aurum Project, Fiji
https://ceo.ca/@accesswire/kalo-gold-closes-first-tranche-407-million-in-oversubscribed
GALIANO GOLD RELEASES 2024 SUSTAINABILITY REPORT
https://ceo.ca/@newswire/galiano-gold-releases-2024-sustainability-report
EMX Royalty Announces Q1 2025 Results; Significant Increases in Royalty Revenue, Adjusted Royalty Revenue and Adjusted EBITDA
https://ceo.ca/@newsfile/emx-royalty-announces-q1-2025-results-significant
Gold Terra Closes Final Tranche of Financing Package Raising a Total of C$2.4 Million with Additional C$2 Million funding from Osisko Gold Royalties
https://ceo.ca/@accesswire/gold-terra-closes-final-tranche-of-financing-package
Melkior Announces $1.5M Non-Brokered Private Placement
https://ceo.ca/@thenewswire/melkior-announces-15m-non-brokered-private-placement
BULLION GOLD ACQUIRES THE CADILLAC EXTENSION (LANGLADE) PROJECT
https://ceo.ca/content/sedar/BGD-2025-05-12-news-release-english-b7e9.pdf
BULGOLD Extends the Occurrence of Epithermal Quartz Veins to 1.2KM of Strike Length Within the Sinter Field on the Lutila Gold Project
https://ceo.ca/@GlobeNewswire/bulgold-extends-the-occurrence-of-epithermal-quartz
McLaren Resources Purchases NSR on Its McCool Gold Property
https://ceo.ca/@newsfile/mclaren-resources-purchases-nsr-on-its-mccool-gold
Opus One Gold Obtains 4.12 g/t Gold Over 7.3 m at 135 m; Including 6.1 g/t Gold Over 4 m From the First Hole of the Drilling Season on its Zone 1 Gold Discovery, on Noyell Project
https://ceo.ca/@GlobeNewswire/opus-one-gold-obtains-412-gt-gold-over-73-m-at-135
Dolly Varden Silver To Mobilise Four Rigs for 35,000 Meter Summer Drill Program
https://ceo.ca/@thenewswire/dolly-varden-silver-to-mobilise-four-rigs-for-35000
Lion One Drills 54.16 g/t Gold over 1.9 m, Including 156.55 g/t Gold over 0.6 m at Tuvatu Gold Mine in Fiji
https://ceo.ca/@newsfile/lion-one-drills-5416-gt-gold-over-19-m-including
Canadian Gold Corp. Tartan South Zone Continues to Hit: 140m Vertical Expansion Intersects 9.4 gpt Gold/ 3.3m
https://ceo.ca/@newsfile/canadian-gold-corp-tartan-south-zone-continues-to
Riverside Resources Sets Date to Receive Spinout Shares of Blue Jay Gold Corp
https://ceo.ca/@newsfile/riverside-resources-sets-date-to-receive-spinout-shares
Silvercorp Announces Updated Mineral Resource Estimate for its Condor Project, located in the Zamora Chinchipe Province of Ecuador
https://ceo.ca/@newswire/silvercorp-announces-updated-mineral-resource-estimate
Kenorland Completes Top-Up Right from Sumitomo and Centerra
https://ceo.ca/@newsfile/kenorland-completes-top-up-right-from-sumitomo-and-e8a40
Teuton Outlines Plans for 2025 Regarding the Ram, Clone, Harry, Fiji, Tonga and Konkin Silver Properties; Plans for Argentina; Update Re Spin-Out of Luxor Metals Ltd.
https://ceo.ca/@thenewswire/teuton-outlines-plans-for-2025-regarding-the-ram-clone
Silver slowly slipping away
Now back below $33 and giving up nearly half the overnight gains.
Would explain the lackluster share action pre market. Besides the fact that the shares suck. ?
The morning after
Silver bouncing back nicely, up near 2%, and above $33. Gold a little tentative, up .5%
The shares that are trading aren’t really moving much though, which begs the question, why did they get hit so hard yesterday?
SM futures down a little, oil flat, Bitcoin flat, rates down 2 bips.
Not sure I trust pm’s, especially gold, to hold these small overnight gains, simply because of the way the shares got tagged yesterday on heavy volume.
Might be up to silver to do the heavy lifting, and that’s not a good thing to rely on.
Eco data today includes the CPI. Probably will move things around. I’m not sure what pm’s want from that, soft or hot inflation.
Maya
Physical terrorists eh lol We were all friends but occasionally they were terrorists when they had someone do something that actually broke the seal of a wound vac and that isn’t easy to do and when they race to treat a patient before I got there to treat a wound while other times had to wait because something they have them do would compromise the bandage depending on where it was both on our own time thing but I had other things to time like their showers.
That is awesome. You have some good doctors around you Your in a good place. You know, where you live can have a big impact on the kind of doctors your gonna have around you. People thinking they wanna go off the grid somewhere in the boon docks might not think about that.
Goldi
Walking is wonderful! No more stabbing pains. Muscles still a little weak so I’m being careful with small steps. Wednesday I have appointment with the Physical Terrorists. They will evaluate my progress. But I walked the Costco warehouse for shopping without even hanging on to a cart. Actually feels good to get some circulation going in the legs. I’m at 90% easily.
Gluing a flat slipper sole onto my good sandals works wonders to balance out the leg lengths. It works. No lower back pain from the imbalance, and I can walk in comfort.
Ipso
What I mean is what provoked him to say that? The swamp isn’t totally the victim here as far as Japan. They used the weakened yen to make money off it for a long time while inflation was up in Japan. They also joyfully let them buy all those treasuries so they could spend all that money on what? Wars while we go in debt? Then if that video is right the majority of trade we have is sending them oil wouldn’t that seem like a strike two? First strike was pre war that brought on Pearl Harbor? What did they do to us? Just say with the pieces of information it seems like something was said as we are not meant to be dictators right, or done that set him off. Maybe how they put it. Like getting a letter from the electric company they are going to triple you bill if you don’t buy their solar panels. Something Calif California would do. That he didn’t just wake up one day after all these years and tell America they are going to liquidate all those treasuries over normal trade talks.
Perhaps there should be a limit how many treasuries any particular country can buy. Just like there should of been a limit on how much they spend and how much jobs we outsource. Perhaps maybe the employees of these jobs should have a say by vote on that considering it’s their jobs all things being equal as they preach and no increasing taxing and regulation shenanigans going on.
Sorry Ipso
Just saw your update. Finance minister is a big deal, and just because he walked it back doesn’t mean it’s not on their minds. Still, probably not a good strategy until there’s nothing left to talk about.
How much easier would it have been if we’d never allowed these countries to rape us in the first place? That deal cutting pharmaceutical costs is a huge deal. RFK Jr. says that we provide 74% of the pharmaceutical industries revenue worldwide with only 4.2% of the population. I know we consume a lot of drugs here but that is way out of whack. The pharma companies need to charge the world more, and they will.
There should be a judge that comes out and says Trump can’t do that in a week or so. Then can you imagine the opposition in Congress from all our politicians that take money from them? Bernie Sanders the Marxist and Elizabeth Warren the crazy person are the two biggest recipients of cash from that industry.
Pocahontas will be on the war path.
Trump’s Big Beautiful Bill raises the debt ceiling by $4 trillion.
That is certainly a big bill, but I wouldn’t say it was beautiful. I don’t know how long $4tn will last, or at what rates you’ll have to pay to borrow it at, but it’s 13% of GDP. Good job you’ve got DOGE and all that tariff money or it would have been north 0f $7tn. I guess the idea is that all that spending will give the impression of a fantastic resurgence, the Golden Age of America, but we all know what happens when companies fake success by spending 13% more than they earn.
Got gold?
Tough day for gauge
Especially with the shares getting destroyed. Silver held up ok most of those shares got whacked too.
Hard to know how much of the gold buying was tied to the tariffs. Guess we’ll find out ?
Buygold
This is from MSN news. The statements were later “walked back.”
“A Japanese official issued a veiled threat amid trade talks with the Trump administration, then said the threat was merely a hypothetical conversation.
As with most foreign countries that do business with the United States, Japan has been in talks with Trump administration officials after President Donald Trump announced tariffs on imports. Some have called the tariffs a disaster for Japan.
On Friday, Japan’s finance minister said that Japan’s status as the largest holder of Treasury securities could be a tool in the talks, in what the Financial Times called a “rare baring of teeth by America’s closest ally in Asia.”
Buygold @ 15:00
The Japanese guy was the Finance Minister, sounds pretty high up there to me.
I haven’t seen the story elsewhere. I’ll take a quick look.
Cheers
goldielocks @ 13:32
I’m not sure what you are saying? The Japanese official was threatening the US with economic destruction. He may not still have a job.
winedoc, Ipso
Hey winedoc – come around a little more often and spread some of the wisdom. You’re right, the general public is nowhere to be found.
Ipso – I guess I’d think if he were a heavy hitter in the negotiations the threat would be splattered all over the MSM. They are looking for anything to go wrong in Trump’s admin at this point. They’ve been disappointed so far. I think too, this type of thing might weigh on the SM.
Tough day in the shares for sure. The weak sisters are the best performers among the silver plays. AG, HL. not that bad. The heavy volume in the large caps bothers me, just looks like wholesale selling and no buyers. Did they have to sell their winners to cover margin calls on their SM shorts? I suspect some big shorts got blown out of the water today. They probably believed the China is invincible story.
Last hour, I’d like to see HUI retake 370 and show some signs of life. But I digress….
Coin Shop
My coin shop in Halifax was ” dead” today
couple people in trying to sell a few scrap coins and some junk silver
aint no line ups to buy
im still stacking
Happy with a little silver out the door
days like thi suck especially in the shares
Winedoc


