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Money Machine

Posted by ipso facto @ 10:28 on May 31, 2026  

Oliver Groß
@minenergybiz
US gold producer Newmont generated an impressive $9.2 billion in free cash flow over the past four quarters – the highest by far in its history and the highest ever generated by a gold miner. 🥇👇
Assuming gold remains around the $4,500 per ounce mark and energy costs and chemical prices do not skyrocket, Newmont is expected to generate over $10 billion in free cash flow in 2026.
Major gold miners are printing cash. 💰💸

https://x.com/minenergybiz/status/2060050262191157547

Europe is importing barbarians

Posted by ipso facto @ 10:19 on May 31, 2026  

Wall Street Mav
@WallStreetMav
·
1h
Paris after an evening of celebration for a victory in soccer.

The elected leaders of France think this is wonderful and want to import more of it.

https://x.com/WallStreetMav/status/2061072171619803420

Armstrong

Posted by goldielocks @ 1:11 on May 31, 2026  

War war war maybe by August. Europe wants to roll out digital currency. I hope they diligently fight that. He said something confusing less short term. That gold could bottom maybe by next week. War could start in August and interest rates will rise. Interest rates  rising not good for gold. Goes with summer doldrums about that time anyways.

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