Loading ...There are a unbelievable 61 candidates for Governor. The only few I see on TV are Democrats and talking to the illegals their voting base not the citizens. And their idea of schools.. scary.
Washington? Or Trump?
Sounds like yet another case of American negotiators working in good faith, thinking that they have authority for this or that, only to have the deal kiboshed when Trump decides he doesn’t like it. After all, Russia would be one place where it would be safe. If they had wanted to let Iran have fissile material, they could have done so at any time.
I dunno
US Accepted a Secret Plutonium Deal with Iran, Then Canceled It
Russian President Vladimir Putin said Saturday that the United States, Israel, and Iran had agreed to transfer enriched nuclear material from Iran to Russia, but that the arrangement ultimately collapsed after Washington reversed its position and demanded the material be sent only to the United States.
US Accepted a Secret Plutonium Deal with Iran, Then Canceled It
Silver…
Is the energizer bunny !!!
Maddog – Jeff Gundlach “The Bond King”
PM’s, cash and hard assets are his play. His track record is good with regard to pm’s.
maddog, how would he know?
Must need another diversion! Donald ‘Joker’ Trump pretending he can’t lift a gold plated tungsten or uranium block (alternatively picking up a block in each hand) assuring everyone that the other 370,000 bars are all there too. Yuuuge!!!
Ipso, maddog
Ipso – so hard to believe anything said by either side. A week or a year sound like a good guess to me. I’m kind of looking for some leader from another country to step in and save the day, but we’ll see how it shakes out.
maddog – it would be really wise of Trump to do that, but I don’t know if they’ll let him. Don’t forget, there’s that rumor about a revaluation to $20K and gold backed bonds still hanging out there.
Trump still wants to crack open Fort Knox to personally confirm $700B gold cache has not been stolen
Kunstler … Leaves no question about where he stands
The Earth Moves Just a Bit
“Operation Epic Fury was the loud one. Operation Economic Fury is the quiet one. . . . While the carriers were on television, Treasury was doing the actual demolition.” —Jesús Enrique Rosas on X
Buygold @ 13:47
The war might end in a week or maybe a year. The world is in a precarious place, economically and militarily.
It looked like in the Iranian proposal they were willing to give up some of their enriched uranium … to someone else but not to us. I guess that’s progress.
Trump and the Mullahs both think they’re the one winning. It’s like in poker when two players each have really good hands they keep raising the stakes.
Convexity
Sounds reasonable. 😳
All that convexity seemed to show up between 8 – 9 am EST today. Not often do we see moves like that to the upside. I don’t know if a note from a bank came out and someone just went all-in at once or someone puked. Either way, let’s hope they keep it going!
Buygold
Silver rally is about Convexity…..me neither……though there maybe a silver AI link developing
https://www.zerohedge.com/the-market-ear/silver-leaving-even-sox-behind
Ipso/deer79
Ipso – I don’t know what he’ll say to Xi. He probably should ask him to pressure Iran to open the strait, because Xi needs that strait open too. I think his ego is too big to do that though. Trump needs an out IMHO. If he could have just waited a couple years while we got our own house in order, it would’ve been much better. What a mess.
deer79 – I hope my enthusiasm is warranted. I’m stunned by the move in silver. There has to be a reason behind it, or at least why shorts just threw in the towel seemingly all at once after sitting on us for 3 months.
Will they be able to handcuff gold today?
or is silver too strong for them to do it?
Gold shares still performing pretty well, so I’m kind of hoping for a bit of a gold rally before or into the close.
The YouTube silver commentators are going to be screaming tonight.
European 2 yr and 5yr notes up 2 to 2.5 % across the board……not looking good at all.
Note the Bull flag on this monthly chart…..if we break out rates are rising big time…..the very last thing Europe needs.
Martin Armstrong says gas in the US could hit $9 a gallon
Armstrong says this Iran war will last the rest of 2026, and gasoline prices in the US could hit $9 a gallon. Armstrong says, “We are at a point where governments collapse. . .. What we are facing is a sovereign debt crisis globally. International debt reached $353 trillion last month. It doesn’t stop. They don’t pay off debt. They just roll it over. This will come to a crisis because interest payments keep rising. Our interest expenditure exceeds military.”
The Cancer Industry’s Nightmare
lluminatibot
@iluminatibot
·
13h
Man cured his cancer with dewormer.
treefrog
can anything drop as fast as BJ Clintoon’s boxers ??????
gold/silver ratio…
…dropping faster than Clinton’s boxers in an Arkansas trailer park.
Buygold
Yeah this war is a real wild card. Iran doesn’t seem to want to back down at all. I wonder what Xi is going to tell Trump? Too bad you listened to Bibi, Trump!
Silver was up $5. The first time I bought silver it was at $5 an oz, total price. Print Print Print
Buygold
Love your enthusiasm! Heavens knows we need more of that after so many years living in the precious metals Matrix.
First attack
Working over gold to quell silver. If something has broken it won’t work for long.
Going to take a lot of paper to bring the silver price back down.
Ipso – maybe that’s all this really is, a breakout and acceleration of a huge commodity bull. Great for us, not for inflation though. This war is going to turn out to be one of the most ruinous things we’ve ever done to the country. He’s in it now and has no way to get out quickly. The damage to our economy and the world’s is already setting in. Better pray the dollar doesn’t lose reserve status.
Barrick Mining Reports First Quarter 2026 Results
TORONTO, May 11, 2026 (GLOBE NEWSWIRE) — Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the “Company”) today reported first quarter operating and financial results for the period ended March 31, 2026. Barrick produced 719,000 ounces1 of gold and 49,000 tonnes1 of copper in the quarter. The Company generated $5.22 billion in revenue, $2.55 billion in operating cash flow, $1.97 billion in attributable operating cash flow3, and $1.21 billion in attributable free cash flow3. Net earnings per share for the quarter were $0.96, and adjusted net earnings per share3 were $0.98—up 256% and 180%, respectively, from Q1 2025.
Copper
Katusa Research
@KatusaResearch
The copper breakout is the quietest bull market ever
