This seems promising
The initial selling was bought. Better early volume in the shares.
Let’s keep it going.
In the US
Censored Humans
@CensoredHumans
·
21h
“We’re here because of the comments you made online about Israel.”
A man in Texas shared a video saying local police came to his home to question him over posts critical of Israel.
Coming off the bottom of a long correction can be some of the fastest gains in the miners
Otavio (Tavi) Costa
@TaviCosta
·
16h
Very important move in the miners today.
This may be the most profitable period in the modern history of the mining industry.
Game on.
Maddog
Pulling for the Adens then!
A fast move sounds good to me. GDX does look like it’s coming out of a bottom.
Maddog
Le pen the chief. I read about her but all we get here is her stance against this mass invasion which is good. Nothing about her policies. Perhaps she could get help by someone like Armstrong. It seems the current leaders seem ignorant by a sheltered and or dysfunctional lifestyle who see the citizens as the enemy. If there’s civil unrest by migrants I hope she uses zero tolerance and armed
law enforcement squads. I still remember that downed police laying in the street wounded and some invader terrorist with a gun just casually walking up to him and shooting him because they lost their right to defend themselves. That’s just plain stupid denial of reality. . Any migrant since they will aid each other whos there legally will lose their legal status and be deported with them if they do. Seems many get legal status just for showing up. Assylum is not invading or welfare seeking for votes to the wrong people eventually. Seems like they’re between a rock and a hard place with choices and no separation of powers.
I have a feeling the other country’s will have a fit making them look bad if she closes the borders and deports. The loser neighbors are already bitching and complaing about Italy closing their borders to the invasion in Spain. Maybe they should do what De Santos did and bus them to their neighbors.
ferrett
Lowe is aware and will tackle the problem, whether he can get control of the State is another problem and Bessent has talked of the problem…..but yr right the vast majority have no cares at all…..apart from filling their bins, with taxpayer dosh.
Where the big problem lies, is that Rates are going up for the foreseable future, which hardly anyone thinks can happen….so they do nothing….Burnham has been quoted as saying, he will ignore the Bond markets !!!!!!!!
Buygold….Morning
This could be the big one….The Adens have been saying this is a Parabolic move up and so far they have been dead right,….if the move down is done and the action so far says it is, then this next run will go much faster than the last.
The Adens also use proprietary indicators, that have been severely oversold now for weeks.
Maddog, “The state is effectively consuming itself.”
They all are. Nor is there a party anywhere committed to fiscal rectitude. The people are all conditioned to the nanny state and vote for the party that promises the most freebies. They may vote Le Pen, or Lowe, or AfD, but these parties have no way of avoiding “The state ….. consuming itself.”
Well, hopefully not
Bulls re-taking conquered ground. Shares gaining momentum. Even SSRM up 3%.
Gold up $200, HUI up 50 would be a good first step.
Europe 52 percent of every dollar goes to feed a bureaucrat.
While they get robbed raped,jailed and humaliafed and murdered like they evvy them. By 2032 will collapse, gold to 7000 to ll000. Theyre loser leaders done such atrocious acts to secure their own power I wouldn’t blame them if they gathered them all up, put them in Israeli high ranking uniforms and traded them in the streets of Iran.
Slowly chipping away
Gold was up around $100, now up $76. Silver was up $2.30, now up $1.57.
This is how they do it. Soften the under belly on the way to the Crimex and SM open, then make multiple assaults, each time exhausting all buyers.
Silver is around $61 now. I’m afraid we’re going to be lucky to hold $60.
I so hope I’m wrong. 😞
goldielocks
see this post….I was recently in France…..the French are in total denial, as is the whole of the EU…..They will probably elect Le Pen, who will deal with the immigration problem, or try, as they have so many to deal with, civil unrest could explode…but she will spend like crazy, her fiscal policy is as bad as any socialist.
France’s €107 Billion Deficit Shock: The Next Euro Debt Crisis?
https://www.zerohedge.com/economics/frances-eu107-billion-deficit-shock-next-euro-debt-crisis
Maddog
If seems pretty obvious these loser leaders are criminals. Their so called social norms are antisocial and dangerous. It’s quite obvious they want to harm, jail and kill off their citizens and then try to hide it from the media and why they aren’t bothered by it because they want it to happen. The more they get away with the worse theyll get. They want A third world country where all the power and money goes to them. (more…)
Maddog
There is no more in that post it just appeared.
Maddog
This could only happen because the people allowed and voted for it to happen. They have to stop these losers now. The NATO countries should of had some mandated agreement on rebuilding and strengthing military power post WW11. Actually that would be a good reason to shut it down now and these NATO leaders fired. That’s why people here want out of NATO but since the rest haven’t done their part and instigating war that’s a good reason to get out. Yet they’d provoke a war and endanger others and unarmed countries and citizens while these loser leaders and NATO go hide in a bunker some where. Criminals (more…)
Goldielocks
Re Armstrong
He is dead right about Europe wanting war with Russia, but he misses one huge point, Europe cannot fight a war with anyone, let alone Russsia. They have no armies or equipment, to fight one with….I recently came back from France, via Portsmouth, our largest Naval port….looking at what is left of our Navy, shows just how low we have sunk. We have two Aircraft Carriers, both in Port broken down and no aircraft on them….why because we didn’t buy enough and they were supposed to have French ones, as part of the EU forces, which no-one dares to set up, because no nations people will tolerate it.
What the EU are trying to do is provoke Russia into hitting a NATO nation, to bring in the US….., as only the US has the forces…..They really should all be locked up.
Why is Morocco aiding and coordinating the invasion of Spain.
They want to take it back again. Win win, send all their problematics.
Still encouraging
Always hard to trust, but we’re holding some good gains. Surprising because the dollar is sort of flat, rates are only down a couple of bips and the QQQ’s are down a little.
PM shares are strong too. It’s still really early, but they owe us some big gains, so I guess we’ll find out when the Crimex opens.
Why China doesn’t need to be buying up Gold
Silver or rare earths. Hint hint Australia and Canada. China is currently the largest producer of Gold.
- China: Produces about 380 metric tons per year, controlled largely by state-owned companies like Zijin Mining and China Gold International Resources.
- Russia: Ranks second with an output of around 310 to 330 metric tons annually.
- Australia: Ranks third, producing roughly 290 to 310 metric tons per year.
- Canada: Produces about 200 metric tons annually, largely from Ontario and Québec.
Hi Silver Bullet
China is certainly going to try to hoard silver as well as anything else it seems the industrial nations need but it will be buying cheap and hoarding it as well as trying to buy up any other nations mines that are dumb enough to let them and thats where the possible long term threat can emerge.
Their country only mines and produces a small percentage of the silver miners.
+2
China produces roughly 13 to 14 percent of the world’s mined silver, yielding about 109 to 113 million ounces annually. This ranks China as the world’s second-largest silver-mining country, sitting behind Mexico. [1, 2, 3]
Production and Byproduct Details
- Global Share: ~13.5% of annual global mine production.
- Byproduct Nature: The vast majority of China’s silver is mined as a byproduct (about 70% to 85%) of base metal operations, primarily lead, zinc, and copper.
- Primary Mines: Only a small percentage comes from primary silver operations, such as the Ying Mining District in Henan Province.
- Reserves: China holds roughly 70,000 metric tons of silver reserves, representing about 11% to 12% of total global reserves
Morning all……looks like the shorts are running for the exit and there are few seller around….50 day Av goes in AU
The shorts have kept the mkts flat for days……which means they have a vast amount to cover. Platinums move ystdy, may well have been the catalyst.
The shares are breaking up as well, they could go mental any minute.
Buygold
Yeah, dollar keeps sliding ever so slightly, and silver has crept above 60.
LFG