Ipso
I think the alternative is to beat them to the punch and get pm’s into the mix with at least our bonds. Because if they beat us there, we have enough lunatics in the permanent government that will push us into war regardless of who is in office. I think these people actually believe they can survive the worst-case scenario. They will attempt to burn it all down IMHO.
All that being said, I believe we may have a natural disaster here in the states that severely weakens us before any of that takes place.
BTW – did you see where the UK is thinking about helping the Saudi’s with the Houthi’s on ZH? Where is Turkey? Where is Pakistan? Where are we???
A lot of stuff not making much sense these days.
So … what happens now?
WarMonitor🇺🇦🇬🇧
@WarMonitor3
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18m
Ukraine will continue to strike Russian energy infrastructure until Russia stops its own strikes on Ukrainian infrastructure Zelenskyy has confirmed today.
HUI managed to squeeze out a win despite overwhelming odds
NEM carried the ball into the close. I see the SM got a bunch of short covering in the last 10 minutes. Why would that be? No hike tomorrow to surprise everyone?
SNG – we’ll see with CTGO. They’re a long way from rewarding shareholders. It seems they first have to convince the big boys that they can perform and start to get some big buyers.to move the stock up. If the story is as good as you say, it should happen on this next run higher. Good to see it up on a down day for the small caps.
Buygold @ 15:15
“Gentlemanly”
You’ve got a point there. I guess it depends on our leadership. What’s the alternative? Burn it down?
Buygold @ 13:58 Give them time. They are plowing profits back into exploration and development for future production; not yet toward their shareholders.
They have the development cash in hand and have eliminated all debt and hedges so they do not have to devalue our shares with new public offerings etc. As Contango Silver and Gold they have also expanded their North American exploration holdings and added Alaska/LuckyShot producing mine. What’s not to like, especially during this current pullback???? SNG
Talk about “problem, reaction, solution”
I know he has some fans here but there are sometimes when he really just needs to put a sock in it. The “peace” president should have never taken orders from Netanyahu and created this mess. Oil is above $105 and rising. I just hope our pm’s are going to keep pace with the inflation that’s coming. $5 gas and higher food prices are going to wipe out what’s left of the middle class. This never should have happened. People will vote for socialism, especially the younger generation thinking it is their only hope. That means the lunatic Democrats will win elections and turn us into Europe. Republicans were letting them do it slowly anyway.
Trump Says Countries Should Reimburse US For Strait Of Hormuz Help
“We are doing it much more for others, than we are for ourselves, and we have been for Generations…”
Ipso
We’re not as gentlemanly as the Brits. So that’s not something I’d count on.
Hard to see them doing it at the currency level though. Maybe as large transactional backing.
We should try to beat them to the punch.
SNG
That’s good to know about CTGO. The only thing to complain about is their share performance.
Buygold @ 12:38
If China develops into the #1 world financial power then I hope that we have the grace to accept it as Great Britain accepted it when the British pound came in second against the dollar.
I’m sure it would be a different world inside the US!
Buygold @ 11:42…These Contango guys are WORKERS, and they’re getting the job done as promised, regardless of market conditions.
They have said what they were going to do and they’ve done it, and not only done it but produced very enviable results and going full steam ahead regardless of what the manipulated markets have done. I’ll take a hard worker over a big talker any day….. and yes I still own it and have added to it.
What’s not to like?????? SNG
Just spitballing but
I guess at the BRICS meeting China was pushing hard for everyone to use the Yuan.
ZH has an article out today saying China has bought twice the amount of gold originally thought.
What are the chances they beat everyone to the punch and come out with some sort of backing? What would be our response, other than lobbing nukes?
A few Cliché’s that seem to fit:
It’s always darkest before the dawn.
You gotta be in it to win it.
Anything works if you do.
Nothing ventured, nothing gained.
Plan your work and work your plan.
SNG
At the risk of being made a fool
yet again, I dipped into some GFI a few minutes ago.
I mean, how bad can it get? Oh wait! 🤣😳
SNG
Your Contango definitely outperforming the last couple of days after getting smashed off $20.
It would definitely seem that one could run since it never really got going during the first leg up last year.
It does seem like we might bounce after the Fed shenanigans. Metals are holding well today.
Got S&G phyz? then IMO you’re not a gambler…but my SNG advice is to diversify, but always maintain some exposure to the risks with S&G shares too…FWIW!
Life is a song….so sing along and enjoy it! Sng
Darn
It felt like we were so close to the bottom, but then oil, rates, and the dollar all went up and BAM! Right back in the crappa!
SM and even Bitcrap don’t look good either.
How much worse will it be when they raise rates tomorrow?
Hope Jordan Byrne is onto something.
Too bad all these great results happen while PM’s are held down in the crapper. But if you don’t have it it gives you a chance to get it. Sng
Contango Intersects 506 g/t AgEq over 13.90 meters at Torbrit and 807 g/t AgEq over 4.96 meters at North Star Infill and Expansion Drilling
Sounds good to me
Jordan Roy-Byrne CMT, MFTA ⛏⛏
@TheDailyGold
The first hike of a new Fed tightening cycle marks a low in Gold when Gold weakens into the decision.
The bigger signal comes when the 2-year Treasury yield peaks.
After the last three peaks in the 2-year yield, Gold surged:
+215% in 2.3 years
+78% in 1.8 years
+63% in 9 months
Oil and rates creeping back up
they need some more interventions…
D’oh!
Zelensky Sanctions His Ex-Spokeswoman Yulia Mendel, Who Revealed to the World the ‘Open Secret’ of His Drug Abuse (VIDEOS)
Yesterday (13), it arose that Kiev regime leader Volodymyr Zelensky sanctioned his former spokeswoman, Yulia Mendel.
Mendel has left Ukraine, and gone public with a torrent of detrimental information about her former boss, including the fact that Zelensky profits from the continuation of the war, and – what’s even worse – she dared talk about the ‘open secret’ of his drug abuse.
Not fair
metals are bouncing back, but shares are dead. Not fair again. 🙂
Zelensky making Trump look like a fool. I don’t think Trump appreciates that much.
Energy Truce In Shambles: Ukraine Strikes Russian Refinery Despite Trump’s Warning Amid Global Diesel Crisis
PPT at play?
SM was cratering pretty good earlier with oil jumping over $3 and the 10 yr at 5.04% a couple hours ago.
Looks like some intervention in the bond market as rates are now right at 5% and oil up $1.70, with SM futures coming back. Not positive but well off the lows.
Even pm’s are coming back, although we know that’s not because of the PPT support. What a ridiculous game.
I suppose we’ll see how serious they are.