https://mailchi.mp/contangoore.com/gold-newsletter-featuring-contango-ore-9305475
No bowl of cherries
Neil Ringdahl
@NeilRingdahl
·
14h
Today, in talking about gas in mines to someone on X, I was reminded of my first trip as a #Mine #Rescue brigadesman and part of a “proto team” to a gas explosion in South Africa back in 1995. A grim memory that I can never forget and stills feels like yesterday.
I don’t like to talk about these experiences, they are painful, but I think it helped me a little to put it to paper, albeit with tears at one point. So it is not an entertainment piece, I hope it educates those who know nothing about mine rescue & warns some of my fellow miners to always respect the danger of gas in mines and the importance of good ventilation to mitigate it.
If you are easily upset or queasy, please read no further.
SNG, Maddog
SNG – I would venture a guess I’m about the same from May 15th, but still a good 20+% off from February. This rally of the last week has helped a lot, and the shares are outperforming so far.
Maddog – GDX did manage to hold the 200 day today, I think there’s a fair chance we turn up tomorrow, but it depends what the scum has in mind and how deep they want to correct them.
People who don’t have to die with the right treatment.
Antiparasitics saving dogs and cats too.
Sng
Dang you were busy. Yeah I remember and mentioned AON and below bid to catch it on the way down as quickly as I saw you post and after my frustrating experience of trying to sell and get out before it turned back down a Canadian stock when it reached my target, just a small order testing the foreign waters stock and it just sat there even when it was moving up beyond ask price. I changed it to a below bid price THE NEXT DAY and finally it sold. Then after what I read from you that day no matter how good a Canadian mining stock is I never would buy unless it traded in a US ticker symbol.
Also people might remember after 08 crash someone else watching this happen. Their wives. Might not want them trading anymore. There husbands health alone vs the market.
Looks like we are correcting that 400 dollar rally
How far we fall will tell much.8 days up…maybe 3 to 5 down.
goldielocks @ 13:55 All true! but I had already taken out the “big winners”, then concentrated on priorities.
I was managing another two portfolio’s for my mother and my in-laws so got them out along with my big winners so they were safe. By that time the PM;s were falling fast and that is when I was getting fleeced on the residue I had remaining; nickel and dimed to death as you are describing…and in those days the commissions were $25 per trade so it was costing me more for commissions than I got for the 10 shares someone bought when I had 1000 shares to sell. Yes, I got “spanked” on those until I began putting in “all or none” sell orders. That stopped their games.
silverngold
We’re just going to have to exit before it all becomes chaos.
Try to do better next time! 🙂
goldielocks
Thanks for explaining SnG’s portfolio moves. 🙂
Ipso 13:08
After sng barley surving the crash of 08 with a 100 different stocks crashing at the same time and the games they played charging him at that time they only selling a portion at a time then charging him for selling 10 shares at a time when he was selling hundreds or thousands of shares nickel and diming him all the way down. That is hardly any shares to him.
I know it wasn’t funny at the time but he had me laughing with his nightmare story he posted especially when he said about some cheaper explorer micro stock around a dollar or something with ” WHO BUYS 10 SHARES!!!! LOL LOL
I will never buy from.the Canadian market. We complain about ours theirs is worse.
silverngold
I thought you only had a couple of PM stocks! Glad to see you’re broadening out your investment choices! 🙂
Buygold @ 12:27
Words and deeds are often far apart!![]()
Ipso and Buygold. My small portfolio of 10 PM stocks is now back up to its May 15th close with no trading.
At that time Gold closed at $4540 and silver closed at $76.02 FWIW! Sng
ZH: Houthi’s attack Saudi Aramco
Aren’t Turkey and Pakistan supposed to step in now and attack Yemen and Iran by default?
Ipso
Well, OK then.😉
Meanwhile in Cuba
Visioner
@visionergeo
·
Aug 11
🇨🇺🇺🇸 Raúl Castro’s grandson is emerging as a key intermediary in Cuba’s secret negotiations with the Trump administration, while increasingly positioning himself as a potential future leader of the country, according to The New York Times.
Raúl G. Rodríguez Castro, 42, is a colonel in Cuba’s Interior Ministry who previously served as his grandfather’s personal bodyguard and aide. His political profile has risen sharply as Washington and Havana conduct sensitive behind-the-scenes negotiations.
Rodríguez Castro has recently held separate meetings with CIA Director John Ratcliffe and U.S. Secretary of State Marco Rubio, placing him at the center of an unusually important diplomatic channel between Cuba and the United States.
Buygold
How much has gold gone up in the last few years? How much is the HUI off the low? I don’t know about you but my PF is looking much healthier than it used to. 🙂
Maybe we should be doing better, I know that thumb is on the scale … but we are still doing OK.
Cheers
No Ipso
Because the PPI showed less inflation today. Less inflation and more inflation are bad for pm’s, as are falling rates, a falling dollar, and falling oil. Also, a strong SM is bad for pm’s, but a weak SM can also be bad for pm’s. Sometimes when the sun comes out it can also be bad for pm’s as well, but also when it rains.
Understand?
I mentioned yesterday that they were going to keep the metals below $4400 and $65 on the week. They also know the importance of the chart that maddog posted on GDX.
This is nothing less than a coordinated attack from the feds and their banker henchmen. It makes absolutely no sense.
Maddog @ 5:06
Enjoyed that one. Thanks!
Shouldn’t this be helping us?
2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI
On the other hand we’ve been running hard and some pullback would be normal. IMO
Re:BTG
Mark
@Mark_IKN
·
12h
Suitably impressed with how B2Gold
$BTG
$BTO.to
has traded this week and consolidated its big move. Outperformed
$GDX
handily today, plenty of willing buyers.
Below is how IKN697 put it, published a couple of days ago. I don’t own any, but hope Mike Cinnamond does good things.

Hey Goldie
No, I didn’t notice that. Just took a quick glance at it. Regardless, if it’s a point of a big breakout that will grab the attention of buyers, it will always be defended.
Inching back before the PPI
Who knows what happens after.
The dollar is flat, rates down slightly and oil down 2%. SM futures are up a little.
Hard to see the PPI doing anything other than being in-line with expectations, but smarter people than me already know what they are. I suspect that’s why they’ll be a nothing burger. They always have the element of surprise on their side though; I guess we’ll know soon enough.
Edit: Looks like the numbers were in-line, so we’re going to have to stand on our own merits today.
Buygold 5:18
Did you see the small head and shoulders on maddogs chart at the point of breakout. It mirrored the last one if you look at the first point to the left. Except the new one did break out but pushed back down so there is some push going on. I didn’t say anything cuz although seldom do you have a failed head and shoulders but you have to wait and see.
