I should say when I leave the tent after I post something to you this early.
I’m retired now but yeah I’ve been nursing my granddaughter with bad cold symptoms. My daughter in law said she got flu symptoms so things are going around right now. Moggys been sick too. Thought she might of had Covid and took a dose of Ivermectin said it seemed to help but wouldn’t take another fir a few days. Haven’t talked to her in a couple of days to let her rest cuz I’ll bug her cuz I’d rather her see a doctor. It’s more severe, So looks like more than one thing is going around.
Buygold
Morning Goldie
Seems like I’m sleeping about the same.
I’ve had a bug the last couple of days, just feeling extremely weak, Feels like Covid weak. I haven’t eaten in three days because at the moment food looks disgusting to me. Feeling better this am, not close to 100%, but a little more energy.
Have you seen anyone coming in with similar symptoms? I did vomit a couple times on day 1. Weird, maybe I have jungle fever here in Florida. 🙂
Buygold
I bet you get more sleep now that your 3 hrs ahead.
I listened to a M Armstrong audio yesterday. He said oil could go up next year as high as 200 barrel. That’s kinda a given but that’s high. Depending if it hits a certain number by the end of the year.
I planned on picking up one or two oil stocks in December or maybe November but now I’ll have to go back remember what that number was.
As far as gold I was surprised so soon next year. He said something going to happen in January but he’s not sure what.
Rates are starting to rise pretty quickly now
another headwind, but a headwind now for the SM.
I remember exchanging emails with Sinclair, I asked him whether gold can rise against rising rates. He told me that gold would outperform when rates are rising quickly – assuming that might have happened in the 70’s – 80’s.
Speaking for myself, I’v e never seen gold go up when rates have risen. I guess if the bond market blows up it might be different.
R640
Picked up a little UVXY, I don’t know if you’re still holding.
We’ll see. I’m already down a few cents. Me actually buying might not be good for your portfolio. I can tell you I’ll take a small loss if it goes against me.
Bank of England
raises another 75 bips. I’d like to see this knock the USD down a bit, since the USD is gaining from earlier losses, but it’s not. USD almost flat now.
Scum making sure gold holds below $1680 on the week.
Hope?
Checked the pm prices last night and we were down pretty good. Still down $8 so some work left.
Appears were in the process of correcting back to flat.
USD down almost .5% rates up a bip. Oddly enough, Bitcoin is on a tear, up 5%.
Anyhoo, even a flat day would be a win methinks
Hannity interviews Trump
I don’t think NY is coming back anytime soon. Anything these goons touch turns into a disaster. Pretty soon they’ll need armed guards just to go anywhere.
They have a vendetta on Trump. Their indefensible and can’t compare to all the good that Trump did to they have to keep trying personal attacks. Like copycat criminals. Gun slingers going after the sheriff to over run a town.
Hannity and Trump
https://youtu.be/6QBnl7OBDIo
Hello Mr C
Yeah they do go up in sympathy with rising S/G but doesn’t do any good if you don’t sell it before it takes it back,
I ran across something on their losses.
They have free Edgar sites but since I haven’t been trading for a couple of years but did hold a steel company and a couple of speculative gold stocks who’s companies were also losing money the rest I sold for profit. Was hoping that gold and the stocks would break through resistance so bought a few stocks and oil to hedge it.
But it didn’t it was sold into wound up the top. I had resistance on Ag at aprox 14:50 and it was sold. So that turned out to be the high.
If your going into it because it goes up when g/s moves that one thing. Holding long is another. With these stocks you not only give it back some never recover.
HL s been around for a long time. I forget how high it went back in the 80s
@ Goldilocks hi from,
That link was the source of info Richard640 found and posted, re some nut job hating AG. Meanwhile they all go down or they all go up. It was just a bunch of dumb anger comments by a Joe Blow I think. I only looked at a few and didn’t see anything at all about Snow Line gold. I like AG and have some from way back. It always flys great whenever silver takes off. HL too. All the mining shares simply need higher physical prices. We were doing great in June 2021. It’s been a long boring correction. It should be ending soon. Also dollar and rates rally should both end soon.
Ipso
Btw I think I know where a quite a few of those missing workers went. When they got stuck at home with the market they learned how to trade options. They have there TAs and work together. They trade at least 4 days a week. I kinda laugh when I hear people say where did the workers go. Lol Good for them. They might control all people some of the time, some of the people all the time and you know the rest. Lol
Ipso
I hope so for those buying it. I saw it when it was cheaper but passed because of that statement I mentioned.
At this point with the current people at the cash register and running our country down the tubes I’m not interesting in buying anything right now other than shorts “ which did good today” and looks like Richard is gonna be a millionaire in his. I could buy into some stocks for a short term bounce for different reasons if I get bored but anything long you could get more shares for less later.
The youngster traders or their tech is pretty good at TA but not at reading the market was totally taken aback by the selling today. I think they might get stuck in short term options and don’t look down the road very far. I think they got thrown off by the buying early morning before the sell off which they should of looked out for shorts who need it to go up first. They did realize today the market has farther down to go,
Powell made it clear he wants the economy to crash, the market to crash, business and jobs loss, “ pain” and likely political too, to bail out the debt others created.
ipso @21:16
Ain’t that the truth? You’d think it was the stuff of fiction, but it’s not. It’s what really happens. Incredible.
goldielocks @ 16:27
I don’t know what First Majestic will do but as far as Snowline goes it’s been a great success.
PS Certainly still a speculation rather than an investment.
Ipso
I should of kept that video not sure who it was but talking about AG then he switched and not to concerned about it. That’s when it was near the top.
But I find this.
Sprott who was one of the largest holders I think sold 600,000 shares at the top.
https://investingnews.com/amp/eric-sprott-reports-holdings-in-first-majestic-silver-corp-2656693269
Ororeef
Is it a coincidence that Bidens out trying to rally Europe against Putin just after Putin called for creating his own Gold prices.
Ipso
Some while back I watched a video don’t remember his name think it was the ceo talking about Ag and his new project snowline. Then he said he wasn’t too concerned about Ag he was focusing his new interest or project in snowline. That’s why.
So they did the expected
Fed Hikes Rates Another 75bps, Sends Hawkish ‘Higher For Longer’ Signal With DotPlot
They will PAY via the Hangman !
for killing Children and Gold …! There will be NO place to hide ….
goldielocks
I can’t find any link between First Majestic and Snowline Gold?
Why do you say there is one?
Not wrong
NEM has been the tell all day.
Two bits says they finish gold before the close.



