FWIW I still see Gold as needing longer to correct……and so far the price correction is v small, which points longer term to a v strong mkt .
NAK
up sixteen percent on heavy volume, closed near the day’s high !!!
has a path through the army corps of engineers’ regulatory swamp been found?
is there light at the end of the tunnel? (muzzle flash?)
there’s a TRILLION DOLLARS worth (at least) of metal in that deposit. sooner or later, someone will dig it up. it’s primarily a copper deposit, but there’s lots of other goodies there. has anybody been following the copper price??
Still for the life of me
I cannot figure out why the magnitude of the smash in the shares yesterday.
Turned out to be a pretty good buying op for a lot of them though.
Would have liked to see HUI close above 420 and GLD back above the 50 dma, but the guys that pull the levers of power said nyet.
I think we could go either way from here, there’s definitely been a long pause in the action for gold. Silver better giddy up through $37 soon, or they’ll smash it back down.
I’m betting we head south tomorrow and Friday. I hope not but my gut says down.
This is why Alberta will leave Canada …
… this guy is great … not afraid to point out how corrupt the commies in Ottawa are …
Gee I wonder if the King (Rothschild’s) will send the Red Coats (or US Army – because they run Trump and Co too) to quell the dissent.
Chuckle
Mr Copper
I’ve been kinda sick for awhile but on antibiotics for pneumonia a couple days now to get the energy for more tests my doctor wants but not going to wait around. Feeling a little better today. Kinda Less coughing and pain it causes.
Don’t forget tarriffs either.
I looked up third eye today a few minutes ago who can follows it better without distractions. Good timing. He had a lot to say.
Although I could add as far as including adding housing in inflation data vs Europe who doesn’t Powell was part of that buying up mortgage backed securities and leaving zero interest loans for Wall street buying them up. Now using it to keep rates up and fixed it so affordable cost will never go down seems what they were up to. Here’s what third eye said. I’ll try to send a couple of his charts in a minute. If not I won’t lol
7-9-25 5:34am Powell is the worst FOMC Chair in USA history. He’s costing us all so much money. This narcissist won’t leave on his own. Plus he’s controlled by Elizabeth Warren. They both hate Trump and are holding rates high to F with Trump’s economy. THERE IS NO INCOMING INFLATION, that’s a ruse to justify high rates longer. Europe EXCLUDES COSTS OF SHELTER. If that were done in USA, the core inflation rate is 1.9% with rates at 4.5%. Europe had ten .25bps rate reductions. Their HICP (core minus shelter) is 1.9% with their rates at 2.5%. THE FED IS PURPOSELY 2 POINTS HIGHER TO KILL THE TRUMP ECONOMIC BOOM into the mid-term elections. The entire board should be fired for their left-leaning partisan stance on rates. The USA overnight rate, to be equal with Europe, should have already been at 2.5%. The Fed, if not partisan (they’re not), would have continued with seven rate cuts by now from Trump’s election. See how they work? Both Bitcoin and the S&P 500 index are carving large inverse right shoulders. They are waiting for Powell to crumble under pressure, or be outright fired for lying to the Senate regarding their $2.5B building upgrades. Sure, they’re so concerned about the little guy. They’re not.
goldielocks @ 22:45
re your “More important here. Would you put it past Powell to mess with the bonds here to mess things up with Trump? Not to mention the economy that he already showed he doesn’t give a rats tail about.”
I think the Fed is scared stiff to lower the rates, because Gold is on new highs with high rates. If he lowers the rates, Gold would make higher highs. Maybe he’s more focused more pro globally than domestically.
In a sense I think the fed is acting as the global central bank. After all, it was created in 1913 so the USA can finance global wars. We lost our independence on that day. But IMO they are losing since 9/11/01 which ended and reversed the world that lives as one.
Captain Hook
Interesting theory. It reminds me of what Richard Burton the explorer had to say. He said that women in hot countries were more amorous than the men and in the cooler countries it was the men who were more amorous. I dunno!
Cheers
Things to do, I’m out for a bit.
ipso facto @ 13:09
Hot climates are difficult to manage.
The heat slows you down because you can’t freeze to death over a few minutes/hours can you.
The threat of keeping ahead of death in northern climates keeps you thinking. (The vast majority of important innovation has occurred in cooler climates.)
And then of course there is the greed on both sides of the border.
Cheers
Captain Hook
Thanks for your view. Mexico is sure blessed with silver! A shame their society doesn’t work better … I guess it’s on account of all the gringos buying real estate there … 🙂
Cheers
ipso facto @ 12:26
Ya but it sure would help the price of silver … which is why it will never be allowed to get critical. (because the commies need cheap silver for their bombs, circuits, etc.)
It’s no mistake this fighting between the US and Mexico is front and center right now.
Not only do the commies need to resupply their munitions, but it’s also off season for tourism in Mexico.
You want to believe this will be on the down low as November rolls around.
Cheers
Actions are being met with immediate reactions
The speed at which markets are moving, is seemingly intensifying.
Take Oil for example:
Between this past Sunday and Monday, the Houthi rebels launched another assault on a bulk carrier named Magic Seas using small boats and bomb-laden drones……The goal would seemingly be to choke off this critical maritime chokepoint and escalate the price of Oil.
What headline comes out this morning: (from ZH)
“WTI Slides after Biggest Crude Build Since January.” (API actually reported that crude inventories rose 7.1 million barrels last week). I don’t believe any financial news that is being dissipated (just me).
I’ve alluded to this here before: IMHO, this is a major financial war between resource rich BLOC countries and debt laden Western economies that are trying to hang on for dear life…..
NAK
on a roll!
Gotta love those Houthi’s ….give’em a gun/bomb/rocket and 10 mins later you have a war…..!!!!!
Red Sea Chokepoint Crisis: Houthis Release Dramatic Footage Of Cargo Ship Attack
Maddog @ 12:23
LOL Don’t they work in the rice fields all day! 🙂
That robot runs just like a kid I used to know!
Trouble with Mexico doesn’t help the miners much …
especially with their history of … can I say it … the “N” word … Nationalization.
ipsofacto
re the future…where did they film that, I thought the Chinese all lived in shacks and the bicycle, was the most high tech item they had……I must have missed something. !!!!
Rich kids will never want for friends!
The future is here.
Children in China play with their new Unitree robot. The new humanoid robot model by Unitree is now for sale to the public and is being seen all over China now.
igold @ 10:54
Once they get close to the fiat spigot they flip every time.
The big money bribes (and fear of assassination?) do the job.
Look at Patel’s eyes.
Chuckle
You’d probably get arrested in Germany for reporting this. National Suicide
Gov’t Report Exposes Astronomical Crime-Rates For Young Foreigners Compared To German Youth
The commies are doing their thing …
… unleashing a color (in this case national) revolution … pitting Mexico against the US … now in the limelight with the more traditional wars on hold while they need to resupply munitions (this should be good for silver – it goes into all the missiles/bombs – which are in low supply in the West) … and is a tax grab in the end (I guess Mexico doesn’t care about tourism anymore).
And it doesn’t stop there … this is all Kabuki … with the commies on both sides of the border working together to get rid of the drug cartels in Mexico … because the bankers will not be able to install their digital currency successfully if they can’t get rid of cash (which the cartels depend on) … so what do they do … threaten to bomb the cartels in Mexico (demonized them for decades) … when they could care less how much drugs are going over the border.
It’s all about more money for commies on both sides of the border.
Mornin all
The corporatization of the US beef industry is a threat to your health …
The Most Corrupt Corporation in the World Is Taking Over Our Food Supply
JBS, the Brazilian meat-packing giant known for bribery and corruption scandals, just went public. The company was previously denied access to U.S. markets — until they donated millions to Trump’s inaugural fund. Now, small farms across the country are sounding the alarms.
It’s all about greasing the President in this country now. (Guess it always has been – lost my mind there for a second – chuckle.)
Pathetic
Opposite of yesterday?
Gold outperforms silver, but silver shares outperform gold shares?
They rarely let us have our cake and eat it too.
The dollar is slowly fading, rates too, back under 4.4%
SLAM Reports Gold Assays From 7.42 to 94.80 g/t Gold and Announces Resignation of Director/CFO
https://pro.ceo.ca/@accesswire/slam-reports-gold-assays-from-742-to-9480-gt-gold
ANGLOGOLD ASHANTI HOLDINGS PLC DISPOSES OF STAKE IN G2 GOLDFIELDS INC.
https://pro.ceo.ca/@newswire/anglogold-ashanti-holdings-plc-disposes-of-stake-in
Aton Reports Further High Grade Diamond Drilling Results From Abu Marawat, Including 33.86 g/t Gold and 419 g/t Silver Over 2.5 Metres From the Fin Vein, and 44.59 g/t Gold and 103 g/t Silver Over 1.6 Metres From the J Vein
https://pro.ceo.ca/@accesswire/aton-reports-further-high-grade-diamond-drilling-results
Magna Mining Continues to Intersect High Grade Mineralization, Including 2.6% Cu, 8.1% Ni, 17.8 g/t Pt + Pd + Au over 0.6m in the Footwall Beneath the Levack No. 3 Orebody
https://pro.ceo.ca/@newsfile/magna-mining-continues-to-intersect-high-grade-mineralization
5.7% Cu, 5.3% Zn, 1.6 g/t Au and 28.2 g/t Ag from Winnie Lake Grab Sample – KLDC Provides Exploration Update and Announces New Drill Permits
https://pro.ceo.ca/@newsfile/57-cu-53-zn-16-gt-au-and-282-gt-ag-from-winnie
NexGold Intersects 13.67 g/t over 1.75 metres and 1.05 g/t over 21.20 metres at the Goliath Deposit and Provides Update on Sprott Royalty
https://pro.ceo.ca/@globenewswire/nexgold-intersects-1367-gt-over-175-metres-and-105
Evergold Enhances the Copper Potential of its Golden Lion Property in BC’s Toodoggone Region by Acquiring 100% of the Copper King Inlier Prospects, Plans Share Consolidation
https://pro.ceo.ca/@globenewswire/evergold-enhances-the-copper-potential-of-its-golden
Triple Flag Announces Record Q2 2025 Revenues
https://pro.ceo.ca/@businesswire/triple-flag-announces-record-q2-2025-revenues
Canadian Gold Resources Uncovers High-Grade Gold-Silver Mineralization in Surface Sampling at Lac Arsenault Four Best Samples Return Grades up to 28.9 g/t Gold and 452 g/t Silver
https://pro.ceo.ca/@newsfile/canadian-gold-resources-uncovers-high-grade-gold-silver
Radisson Announces Positive Preliminary Economic Assessment for O’Brien Gold Project
https://pro.ceo.ca/@newsfile/radisson-announces-positive-preliminary-economic-assessment
Bonterra Announces 2025 Exploration Plans at its 100% Owned Desmaraisville South Project
https://pro.ceo.ca/@newsfile/bonterra-announces-2025-exploration-plans-at-its-100
Emperor Metals Announces Maiden Mineral Resource Estimate for the Duquesne West Project, Quebec
https://pro.ceo.ca/@newsfile/emperor-metals-announces-maiden-mineral-resource-estimate
Fortuna delivers production of 71,229 gold equivalent ounces from ongoing operations for the second quarter of 2025
https://pro.ceo.ca/@globenewswire/fortuna-delivers-production-of-71229-gold-equivalent
NV Gold Announces Amended Triple T Property Lease Agreement
https://pro.ceo.ca/@accesswire/nv-gold-announces-amended-triple-t-property-lease-agreement-1f4ec
Silver North Updates Previously Announced $2.1 Million Private Placement
https://ceo.ca/content/sedar/SNAG-2025-07-08-news-release-english-8b69.pdf
First Majestic Produces 7.9 Million AgEq Ounces in Q2 2025 Consisting of 3.7 Million Silver Ounces and 33,865 Gold Ounces; Announces Improved 2025 Production and Cost Guidance and Conference Call Details
https://pro.ceo.ca/@newsfile/first-majestic-produces-79-million-ageq-ounces-in
Collective Metals Announces Termination of Princeton Option Agreement
https://pro.ceo.ca/@globenewswire/collective-metals-announces-termination-of-princeton
Juggernaut Closes $1,100,000 from Institutions and Accredited Investors
https://pro.ceo.ca/@thenewswire/juggernaut-closes-1100000-from-institutions-and
Kingsview Minerals Announces Filing of NI 43-101 Technical Report for the Vernon Property
https://pro.ceo.ca/@newsfile/kingsview-minerals-announces-filing-of-ni-43-101-technical
Hawthorn Resources to Effect Name Change to Prince Silver Corp. and Amend Stampede Acquisition Share Exchange Agreement
https://pro.ceo.ca/@accesswire/hawthorn-resources-to-effect-name-change-to-prince-17406
K92 Mining Announces Strong Q2 Production Results – 34,816 oz AuEq Produced, and Commenced Commissioning of 1.2 Mtpa Stage 3 Process Plant in June
https://pro.ceo.ca/@globenewswire/k92-mining-announces-strong-q2-production-results-e3eb3
Orezone Reports Q2-2025 Production and Hard Rock Expansion Update
https://pro.ceo.ca/@globenewswire/orezone-reports-q2-2025-production-and-hard-rock-expansion
Mithril Silver & Gold Announces $10 Million Brokered Private Placement of Common Shares
https://pro.ceo.ca/@globenewswire/mithril-silver-gold-announces-10-million-brokered
Golden Cross Closes C$5M Private Placement Including Cornerstone Investment by Jupiter Asset Management
https://pro.ceo.ca/@newsfile/golden-cross-closes-c5m-private-placement-including
Sego Plans to Advance the South Gold Zone and the Cuba Zone Porphyry Copper-Gold Mineralization
https://pro.ceo.ca/@newsfile/sego-plans-to-advance-the-south-gold-zone-and-the-cuba
KLONDIKE SILVER ANNOUNCES PRIVATE PLACEMENT
https://ceo.ca/content/sedar/KS-2025-07-08-news-release-english-f3ea.pdf
THESIS GOLD CLOSES C$27.5 MILLION UPSIZED BOUGHT DEAL PRIVATE PLACEMENT
https://pro.ceo.ca/@newswire/thesis-gold-closes-c275-million-upsized-bought-deal
PPX Mining Announces Debt Settlement
https://pro.ceo.ca/@accesswire/ppx-mining-announces-debt-settlement-b5586
Newlox Gold Corrects Previous Disclosure of Debt Settlement and Announces Closing of Convertible Debenture Financing
https://pro.ceo.ca/@thenewswire/newlox-gold-corrects-previous-disclosure-of-debt-settlement
Flow Metals Completes Backpack Drill Program at XP Target and Identifies Porphyry-Style Alteration
https://pro.ceo.ca/@newsfile/flow-metals-completes-backpack-drill-program-at-xp
Royal Gold Provides Update on Q2 2025 Stream Segment Sales and Details for Release of Q2 2025 Results
https://pro.ceo.ca/@businesswire/royal-gold-provides-update-on-q2-2025-stream-segment
Westward Gold Announces Commencement of Initial Drill Program at Campfire Target Complex
https://pro.ceo.ca/@thenewswire/westward-gold-announces-commencement-of-initial-drill
Prospect Ridge Options Highly Prospective Excalibur Copper-Gold Porphyry Project In British Columbia
https://pro.ceo.ca/@accesswire/prospect-ridge-options-highly-prospective-excalibur
GoldHaven Resources Completes Auger Drill Program at Copeçal Gold Project in Mato Grosso, Brazil
https://pro.ceo.ca/@globenewswire/goldhaven-resources-completes-auger-drill-program-at
METALLIS KICKS OFF 2025 EXPLORATION SEASON AT GREYHOUND PROPERTY, IDAHO
https://pro.ceo.ca/@newswire/metallis-kicks-off-2025-exploration-season-at-greyhound
Benton Discovers Multiple Areas of Massive Sulphides and Gold Showings on Its Newly Acquired Dominion Project, Options Additional Ground and Starts Large Soil Sampling Program on Southern Great Burnt
https://pro.ceo.ca/@newsfile/benton-discovers-multiple-areas-of-massive-sulphides
Golden Spike Commences 2025 Exploration Program at Gregory River
https://pro.ceo.ca/@newsfile/golden-spike-commences-2025-exploration-program-at
EMX Sells its Moroccan Portfolio and Forms Exploration Alliance with Avesoro
https://pro.ceo.ca/@newsfile/emx-sells-its-moroccan-portfolio-and-forms-exploration
Gold Reserve Provides Update on Notices of Objections to the Special Master’s Final Recommendation in the CITGO Sale Process
https://pro.ceo.ca/@businesswire/gold-reserve-provides-update-on-notices-of-objections
OUTCROP SILVER DRILLS 1.06 METRES AT 1,930 G/T AGEQ IN 150-METRE STEP-OUT, CONFIRMING HIGH-GRADE NORTHERN EXTENSION AND EXPANDING LOS MANGOS VEIN SYSTEM
https://pro.ceo.ca/@newswire/outcrop-silver-drills-106-metres-at-1930-gt-ageq
Dynacor Signs Share Purchase Agreement to Acquire Processing Plant and Assets in Ecuador
https://pro.ceo.ca/@globenewswire/dynacor-signs-share-purchase-agreement-to-acquire-processing

