France is gonna grind to a halt! Macron is looking at retirement brochures.
FRANCE – Fuel depot blocked by protesters. Police being forced to retreat. Confrontations between police and protesters are happening across France.
French Revolution version 2.0
— Wall Street Silver (@WallStreetSilv) March 21, 2023
An outlier call … would sure stir things up!
Will FED cut rates? https://t.co/tYicPsProA
— Willem Middelkoop (@wmiddelkoop) March 20, 2023
Not so environmentally friendly after all
Not ESG-Friendly: Insurers Junk Entire EVs For Minor Accidents
It’s a surprise that Reuters has published an article revealing that the electric vehicle revolution might not be as environmentally friendly as automakers claim. Furthermore, a scratched or slightly damaged battery pack could lead insurance companies to scrap the entire car.
“We’re buying electric cars for sustainability reasons,” Matthew Avery, research director at automotive risk intelligence company Thatcham Research, said.
Avery pointed out, “an EV isn’t very sustainable if you’ve got to throw the battery away after a minor collision.”
A Tesla battery pack costs tens of thousands of dollars and represents a large percentage of the vehicle’s price tag. Insurance companies have found that it’s uneconomical to replace battery packs if damaged.
https://www.zerohedge.com/technology/not-esg-friendly-insurers-junk-entire-evs-minor-accidents
‘Does NOTHING Except Eat, Sleep, and Sh*t’: Trump Rips Biden in New Statement
‘Does NOTHING Except Eat, Sleep, and Sh*t’: Trump Rips Biden in New Statement
That is so damn funny
Maddog @ 9:18
I figure you’re right. Eventually the truth will come out. I’d guess that the management of the gold and silver ETFs are looking into which countries don’t have extradition treaties with the US.
I love reading Kunstler. He’s turned to the right in the past few years.
Indonesia To Pull The Plug On Visa And Mastercard, President Calls Them A ‘problem’
there are over 1 billion people in Indonesia and Western sanctions against Russia are cited as a warning…..the move against the Dollar gains strength.
This is a big deal. I’d like to see Israel normalize relations with Syria. Of course Syria would need to kick out the Iranians first.
Saudi Arabia To Reopen Consulate In Syria After Leading Failed Regime Change Efforts
ipso facto
Re Kunstler
Tks v good and i wud add the exposure of the scum will happen, at some point, when all this unravels….like no metal in those ETF’s and the monster short position etc.
Barrick Pledges $30 Million Towards School Development in Partnership With Tanzania
https://finance.yahoo.com/news/barrick-pledges-30-million-towards-130600330.html
Franco-Nevada Files Year-End Disclosure Documents
https://finance.yahoo.com/news/franco-nevada-files-end-disclosure-202800362.html
Fortuna reports updated Mineral Reserves and Mineral Resources
https://finance.yahoo.com/news/fortuna-reports-updated-mineral-reserves-090000087.html
VIZSLA SILVER EXTENDS HIGH-GRADE MINERALIZATION AT LA LUISA; INTERCEPTS 4,227 G/T AGEQ OVER 2.30 METRES
https://finance.yahoo.com/news/vizsla-silver-extends-high-grade-120000448.html
Sitka Gold: North American Exploration Projects
https://finance.yahoo.com/news/sitka-gold-north-american-exploration-170000189.html
Galantas Gold Announces Upsize to Non-Brokered Private Placement Financing and Terms of Shares-for-Debt Transaction
https://finance.yahoo.com/news/galantas-gold-announces-upsize-non-232500778.html
New Found Extends High-grade at Keats West to 305m Down Dip With 10.1 g/t Au Over 22.5m & Hits 80m Wide Gold Domain
https://finance.yahoo.com/news/found-extends-high-grade-keats-103000249.html
Rupert Resources Reports Further Drilling Results From Ikkari and Provides Update on Other Activities
https://finance.yahoo.com/news/rupert-resources-reports-further-drilling-115400737.html
MacDonald Mines Receives up to 5.5 % Cu and 6.45 g/t Au in Surface Grab Samples from the Ashigami Cu-Au-Co showings
https://finance.yahoo.com/news/macdonald-mines-receives-5-5-120000210.html
Goliath Resources Signs MOU With Five Other Companies to Study the Viability of Hub and Spoke Mill Complex at a Permitted Site at Kitsault, B.C.
https://finance.yahoo.com/news/goliath-resources-signs-mou-five-121500204.html
Millrock Announces Effective Date of Name Change to Alaska Energy Metals Corporation
https://ceo.ca/@globenewswire/millrock-announces-effective-date-of-name-change-to
CERRO DE PASCO RESOURCES SIGNS AGREEMENTS WITH VOLCAN AND GLENCORE TO SECURE DEVELOPMENT OF QUIULACOCHA TAILINGS
https://ceo.ca/@newswire/cerro-de-pasco-resources-signs-agreements-with-volcan
NV Gold Announces Exploration Target at its Slumber Gold Project of up to ~450,000 Gold Ounces
https://ceo.ca/@accesswire/nv-gold-announces-exploration-target-at-its-slumber
Radius Gold Discovers Gold Mineralized “Hotspring Type” Sinter and Breccia Pipe Target in Fresnillo District, Zacatecas
https://ceo.ca/@thenewswire/radius-gold-discovers-gold-mineralized-hotspring-type
SILVER MOUNTAIN ANNOUNCES 2023 EXPLORATION PROGRAM AND OUTLOOK
https://ceo.ca/@newswire/silver-mountain-announces-2023-exploration-program
Alpha Exploration Expands Aburna Soil Gold Anomaly to 7.2Km, Reports Channel Sample Results of 8M @ 5.29 g/t and Starts Follow-Up Drill Program
https://ceo.ca/@newsfile/alpha-exploration-expands-aburna-soil-gold-anomaly
Torr Metals Delineates 2700 Metre Geophysical Anomaly Aligned with Kilometre-Scale Copper and Gold Dalvenie Trend
https://ceo.ca/@newsfile/torr-metals-delineates-2700-metre-geophysical-anomaly
Bravo’s Drilling at Luanga’s Northern Sector Shows Multiple Stacked Zones of PGM+Au Mineralization
https://ceo.ca/@newswire/bravos-drilling-at-luangas-northern-sector-shows
Calibre Continues to Expand the New High-Grade Gold Discovery at Panteon North & Along the Multi-Kilometre VTEM Gold Corridor; Additional Drilling Intersects 17.45 g/t Gold Over 4.1 Metres Following Up on the December 2022 Intercept of 11.61 g/t Gold Over 9.3 Metres
https://ceo.ca/@globenewswire/calibre-continues-to-expand-the-new-high-grade-gold
Desert Gold Activity Update at SMSZ Project in Western Mali; New Artisanal Mining in Priority Exploration Target Area
https://ceo.ca/@newsfile/desert-gold-activity-update-at-smsz-project-in-western
Drilling at Trundle intersects shallow mineralisation
https://ceo.ca/@newswire/drilling-at-trundle-intersects-shallow-mineralisation
Elevation Gold Provides Corporate Updates Including Appointment of David Peat as Director and Forward Sales Arrangements
https://ceo.ca/@newswire/elevation-gold-provides-corporate-updates-including
0845 BTFD?
Pullback day. Little bit of a headwind in the 10 yr as it is up 9 bips.
Oil up almost 2%, Bitcoin up, Dollar down.
This looks like a targeted hit on the pm sector, but SLV is only down $.01, GLD down $1.40
I think this is the dip to buy either today or maybe even tomorrow morning. I think pm’s rally hard after the Fed announcement, sort of contrary to the usual treatment.
Alex Valdor
I’ve got a bunch of marginal stuff too that’s only worth a fraction of what I bought it for. Sometimes they do come back. At least some of them will be good for tax loss selling at the end of 23. I’m hoping I’ll need them! ![]()
IPSO re: the mover
YEP ! Rode it a long way down .
Kept adding because they were processing ore for others to stay afloat .
Could still be a winner , but in low value dollars .
Yoikes!
Of course, as during the previous financial crisis, government and financial executives will make reassuring statements, such as the one made by Treasury Secretary Yellen last Friday when she reassured the public that the American banking system is resilient and well capitalized.
But is it? The five banks labeled “too big to fail” have $188 trillion in derivatives. The brutal fact is that 5 US banks have risk exposure that is twice the size of the GDP of the entire world. It is incomprehensible that 5 US banks have sufficient capital to back derivative bets that are twice the size of world GDP.”
Alex Valdor @ 12:0
It’s only a 75% move. ![]()
Hope you’ve got a lot of it! ![]()
Kunstler
This Has Got to Stop
And it will stop because, as the old wag Herb Stein laid down in his law years ago: Things that can’t go on, stop. Which raises the question: which things? And the answer is the things Western Civ is doing in its attempted suicide: inciting war, recklessly running up debt, persecuting its own citizens and stealing their liberties, subjecting them to medical malfeasance, destroying their goods production and food-growing capabilities, and subjecting the public to incessant mind-fuckery in a campaign to falsify and disfigure reality.
Frickin’ AG
Temporarily suspends mining ops at Jerritt Canyon. I’m done with them for a while, too costly to sit on dead money in a raging bull market. A lesson I didn’t learn the last decade. Took an awful beating again.
NEM kept on ice but GDXJ looks great
They’ve been sitting on NEM all day after a decent start. We’re back to a little momo going into the last hour, which have been good to us lately.
Dolly Varden having a good day on heavy volume. No news I can see good for 11%
Silver shares acting well
Some of them have some serious catching up to do. Like AG…
Ipso
I hope you’re right and it is finally time. I’ve heard a couple analysts reco gold and miners on FOX Business but the subject of pm’s is largely being ignored. That’s hopefully a bullish sign.
Rates moving up throughout the day. They seem to matter more than the USD.
Here comes another push towards $2K

