Posted by ipso facto
@ 9:17 on December 30, 2022
Posted by Buygold
@ 8:54 on December 30, 2022
I have no idea how we did overall this year. I know the HUI hit 330 or so in spring, only to sell back down to 180 or so the following 6 months.
The real action starts next week, but at least we’re heading into the new year with a little upward momentum against a weak SM.
Trying to push a little higher this am against rising rates and a flat USD. The path of least resistance appears to be up.
Bitcoin had a crazy year, but is looking to close near its’ bottom.
Maybe 2023 will be our year finally?
edit: silver starting to pop a bit, now up 1% after being down all night.
Posted by Maya
@ 0:20 on December 30, 2022
Posted by ipso facto
@ 21:28 on December 29, 2022
Posted by ipso facto
@ 16:44 on December 29, 2022
“pm shares poor performance”
Hope we don’t have the gold sucker punch coming! 
Posted by drb2
@ 14:49 on December 29, 2022
Great Shirt
Plus a future BONUS – everyone buying one will also receive a free ride on the Gulag Train!! ?
Posted by Buygold
@ 11:53 on December 29, 2022
pretty muted reaction although we are challenging or just above the 200 dma’s on the indexes. Hopefully they blow higher soon.
Posted by ipso facto
@ 10:32 on December 29, 2022
Posted by ipso facto
@ 9:51 on December 29, 2022
Posted by ipso facto
@ 9:25 on December 29, 2022
Escobar: Let The Patriot Games Begin
“Considering the extensive training required to operate such a costly ($1 billion) and complex system, if they are on the ground during the first semester of 2023 this will mean, ominously, that the operators may be American, or at least NATO mercenaries.”
https://www.zerohedge.com/geopolitical/escobar-let-patriot-games-begin
Posted by Mr.Copper
@ 9:10 on December 29, 2022
I’m thinking Silver was the worst investment for a very long time. Supposedly it’s often a free byproduct. I gave up on it long ago n went more bullish on Gold instead after ‘08. So if everything is in reverse maybe Silver will be out performer going forward n lead the way even for gold to higher levels. Various crazy highs n crazy lows have been common lately as the system tries to right itself from abnormal to normal.
Posted by ipso facto
@ 9:08 on December 29, 2022
Yamana Announces Filing and Public Availability of Management Information Circular in Connection With the Proposed Arrangement With Agnico Eagle and Pan American
https://finance.yahoo.com/news/yamana-announces-filing-public-availability-215900897.html
Pan American Silver files Management Information Circular in connection with the proposed Arrangement with Yamana and Agnico
https://finance.yahoo.com/news/pan-american-silver-files-management-220800476.html
Gold Resource Corporation Announces Ownership Interest in Green Light Metals Inc. Upon Promissory Note Conversion Into Common Shares
https://finance.yahoo.com/news/gold-corporation-announces-ownership-interest-022800053.html
Benchmark Announces New Independent Director Focused on Sustainability, Environmental, Social and Governance (ESG) Practices
https://finance.yahoo.com/news/benchmark-announces-independent-director-focused-141500521.html
Sokoman Closes Non-Brokered Flow-Through Private Placement
https://finance.yahoo.com/news/sokoman-closes-non-brokered-flow-221300803.html
Besra Gold Announces: Variation to the Underwriting Agreement and Completion of Entitlement Offer
https://ceo.ca/@newsfile/besra-gold-announces-variation-to-the-underwriting
Osisko Announces TSX Approval to Renew Normal Course Issuer Bid
https://ceo.ca/@globenewswire/osisko-announces-tsx-approval-to-renew-normal-course-62404
Silver X Provides Operational Update
https://ceo.ca/@accesswire/silver-x-provides-operational-update
OUTCROP SILVER INTERCEPTS 0.90 METRES OF 767 GRAMS EQUIVALENT SILVER PER TONNE IN LAS MARAS AND PROVIDES AN UPDATE ON THE RESOURCE ESTIMATION AT SANTA ANA
https://ceo.ca/@newswire/outcrop-silver-intercepts-090-metres-of-767-grams
Posted by Maddog
@ 9:02 on December 29, 2022
Re $ 1800
It’s stating the obvious….but the scum should want Au sub $ 1800 and are wacking us constantly….but the mkt keeps on bouncing back, that tells me there is a size buyer sub $ 1800….which I think is moving their bid up gently, looking at the odd chart formation.
Plus there is a lot of talk that the Dollar may go offered, soon/next year.
Posted by Buygold
@ 8:55 on December 29, 2022
I know you’ve been bullish on silver for a while, I remember you posting you were in the last couple of weeks.
Looks like the head fake may have been a bear trap yesterday.
Gold struggling with $1810-$1820, but silver has recovered its losses from yesterday plus some, back above $24. I should have stepped up and bought some NUGT. Might still, depending on how we open.
Mr. Copper, one thing I’ve noticed is that the premiums on silver while still above 50% have come down as silver has risen. Looks like my dealer has plenty of stock and is only paying 10% above spot for eagles. I would think that would be the opposite of what we should be seeing?
Posted by Mr.Copper
@ 8:10 on December 29, 2022
I got very optimistic for Silver recently after many years of ignoring it. I think the collapse of Bitcoin FTX etc has helped pushing the little guy into silver. In other words gain popularity.
Crypto Bit coin FTX etc etc were to me, a trick, a diversion for excess money creation or like a big receptacle, or better, a huge condom, to stop Gold and Silver from getting pregnant and fat and make the US Dollar look bad.
Posted by Buygold
@ 6:14 on December 29, 2022
USD, Rates, pm’s and even the SM are relatively flat. I’d think the long weekend for New Year’s probably starts today. So, outside any huge news, it’s hard to see any big moves one way or another.
Silver is showing some strength up over 1%.
I’m crazy, but I do expect the HUI to hold this 220-230 area.
Posted by Buygold
@ 5:37 on December 29, 2022
you’re definitely tempting fate. 🙂 Hope that whale doesn’t turn out to be a minnow. 🙂
The scum must absolutely clean house on these low volume holiday weeks. Good volatility. I thought about picking up some NUGT at the close yesterday but didn’t. Might have been a missed opportunity.
Posted by Maddog
@ 5:34 on December 29, 2022
Posted by goldielocks
@ 2:32 on December 29, 2022
Too bad I had things to do the rest of the day and just checked now. Looks like the market has decided.
Posted by Maya
@ 0:52 on December 29, 2022
Posted by goldielocks
@ 14:41 on December 28, 2022
Maybe their in shock with stupidity coming out of NY mayor and Gov after such a disaster then Biden taking off on vacation again. Gov said we’re having a bad storm. Yah think! Then reads her climate change script. Oh wow that’s a lot of help. They wouldn’t know how anyways their always on the receiving end. Looks passive aggressive. I can help but I won’t. In their case it just looks like their plain stupid.
I think the vix is saying but don’t quote me the market is consolidating so far but that one can lose you money. You might have to wait a month. It’s “ the market”! on the line what it wants to do. A small bounce first wait and drop into next year or just drop into next year.
Posted by Maddog
@ 13:13 on December 28, 2022
Posted by Richard640
@ 13:01 on December 28, 2022
12:45—DOW down 250–S&P down 30
UVXY 6.89 DOWN .13. That;s almost a 12 month new low
Also the VIX itself is in the red a tad—how do “they” manage that all the time?
Posted by Buygold
@ 11:17 on December 28, 2022
pretty good dip too. Didn’t expect the sort of beatdown we’re seeing, then again, I never see them.
Low volume smash for the shares. Rates up a little, dollar as well. Time to catch our breath.
Hopefully that’s all there is to it.
Posted by commish
@ 10:46 on December 28, 2022
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