Dresner, as in a bank? Partners in a crime isn’t the same thing as the mom and pops perhaps depositing their hard earned money and deserving of responsible people who had no clue they were out there having fun with it. All and all it wasn’t the lack of interest in the metals that’s for sure it was greed, over confidence, and leverage by billionaires having fun lol. Plus someone can come along and shut down the market we have to watch out for. I don’t know about you but who wants to give their money to some fool and say here go have fun and do what ever you want with and lose it for me.
Mr.Copper
Some of the film is evidently from previous years, not current at all. It’s hard to know what is the real truth!
PS I’m sure you’re right … especially since most of the demonstrations are against the Mullahs.
ipso facto re Support for the regime or deception?
Maybe the support is from the conservatives? Usually its the liberals that start demonstrating first.
Support for the regime or deception?
WAR
@warsurveillance
🇮🇷 BREAKING
Massive nationwide rallies are taking place across Iran in support of the Islamic Republic and against rioters. Crowds are filling the streets showing strong backing for the state.
The footage shared is from the Azerbaijan province in Iran.
https://x.com/warsurveillance/status/2010665677213106433
A comment:
Oulanem
@OulanemRahl
·
2h
“The video footage matches aerial shots from Qasem Soleimani’s funeral procession in Kerman, Iran, on January 6, 2020, as confirmed by fact-check sources like Misbar. It shows massive crowds mourning the general, not current events.”
maddog
It’s hard for the shares to outperform the metal when the metal is up over 7%! 🙂
I wonder if some of the fund managers and hedge funds have finally decided they better own some pm shares before it’s too late?
What a day!
Why These Higher Silver Prices Are A Windfall For the Gold Miners!
In the world of precious metals investing, the narrative is often straightforward: a rising gold price is good for gold miners. It is a simple, intuitive, and powerful thesis that has driven every major bull market in the sector’s history.
- But what if there was a hidden engine of profitability, a secret subsidy that most of the market is completely ignoring?
- And what if the true leverage in the gold mining sector was not just about the price of gold, but about the explosive, parabolic rise of its often-overlooked sister metal, silver?
This is not a theoretical exercise. It is the single most powerful, underappreciated, and misunderstood dynamic in the precious metals space today. More than 70% of all the silver mined in the world is not produced by a primary silver miner. It is a byproduct, an accidental treasure unearthed in the process of mining for other metals, primarily copper, lead, zinc, and, most importantly, gold.
For a gold mining company in today’s environment, this byproduct silver is the ultimate financial windfall. It is essentially free money.
The costs of moving the rock, running the mill, and paying the workforce are all allocated to the primary metal they are targeting: gold. The silver that comes along for the ride is a bonus, a high-margin revenue stream that costs virtually nothing extra to produce.
And right now, the value of that “bonus” is going parabolic. As silver prices explode higher, this byproduct revenue is flowing directly to the gold miners’ bottom lines, creating a torrent of free cash flow that is supercharging their profitability in a way that the market has not yet begun to price in.
- You need to know about how this hidden dynamic works.
- You need to know the powerful economics of a byproduct such as silver.
- You need to know how the current silver bull market is acting as a massive, high-margin subsidy for the gold mining industry.
- And you need to know why this, combined with a low-energy-cost environment, is creating the most perfect storm for gold miner profitability in a generation.
The market is looking at the gold price, but the secret to the next explosive move higher is hiding in plain sight. It is silver.
This is the secret hiding in plain sight, the mathematical reality that is poised to turn the gold mining sector into the most profitable industry on the planet.
While Wall Street is building complex models based on the gold price and frankly, still undervaluing the metal, they are missing the simple, brutal arithmetic of the silver subsidy.
This is a failure of imagination, a blind spot born from years of neglecting the precious metals space. And it is an opportunity for us that will not last for long.
Let’s Dig Into The Following:
- It’s a byproduct bonanza for the gold miners. The entire cost structure of the mining operation; from exploration and permitting to construction, labor, energy, and reclamation, is justified by and allocated to the expected revenue from the gold. How the byproduct revenue acts as a massive, hidden subsidy that turbocharges earnings in a way that the market, which is fixated on the gold price, is often slow to recognize!
- It’s a parabolic windfall. For the past decade, the byproduct silver credit has been a relatively minor factor in the financial models of most gold miners. Silver prices were range-bound and, frankly, boring. Silver is now up nearly 10% in the first ten days of the year alone, and doubling in the last four months. Why the gold miners, with their hidden silver subsidy, will be the unexpected, primary beneficiaries of this silver price launch!
- Identify the hidden silver plays. The key is to look for companies with a high percentage of their revenue derived from silver, or those with large, polymetallic deposits where silver is a significant, but not primary, component. These are the companies where the silver subsidy will have the most dramatic impact on the gold miners bottom line. Why finding these companies requires looking beyond the headline gold production numbers but when you do find them, hold on to them with everything you have in you!
- It’s the perfect storm. The explosive windfall from parabolic silver prices is not happening in a vacuum. It is converging with another powerful, margin-enhancing trend: the stabilization and decline of energy costs. Why when you combine this decline in energy costs with the silver byproduct bonanza, the effect is not just additive; it is multiplicative!
- And it’s the secret leverage. The investment case for gold is clear, powerful, and increasingly accepted by the mainstream. The tidal wave of debt, the inevitability of currency debasement, and the geopolitical shift away from the dollar have set the stage for a historic re-pricing of the ultimate monetary metal. But for investors seeking not just to preserve wealth, but to create it, the story does not end with gold. Why the secret, the hidden leverage, the underappreciated alpha in this generational bull market lies in the silver content of the world’s great gold mines!
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there’s $86 !!
up six bucks before noon…
will we see $90 today ??
Ed Dowd
redpillbot
@redpillb0t
Ed Dowd, former portfolio manager at BlackRock: The COVID vaccines “were designed to take care of a pension problem with the boomers, and then bring in 10 to 15 million younger, mostly male folks as replacement population.”
“If I was going to want to take care of a debt problem and inflate the economy, I would do exactly what’s happened.”.
I saw this on Twitter
For those who own silver because it’s an industrial commodity, what’s happening now is exciting.
For those who own silver because it’s money, what’s happening now is scary.
For those who don’t own silver, what’s happening now is dangerous.
Fat chance! Don’t believe anything the gov says until it’s officially denied!
The Spectator Index
@spectatorindex
BREAKING: Iran’s foreign minister says situation in the country ‘is now fully under control’
I have from a reliable source that the gold/silver ratio first goes to 50/1; then 30/1…but then walk away???? or RUN!
I’m betting on 10/1 but I don’t really care. I’ve already won this game called life many years ago, listening to my Higher Power and following His guidance.
Got Silver and Gold?
au/ag ratio
54.01
I see both gold and silver have broken out to all time highs today…
And so has SNG! ;o))
Silverngold
I do own shares of DVS, but unfortunately won’t be able to listen in.
I would be interested as to how the merger will specifically occur, as it pertains to how present shareholders of DVS will be affected……i.e…. new shares being issued, or fractional equivalents of CTGO stock etc…..
Some of you who became involved in the Dolly Varden/Contango Ore merger may be interested in this coming event.
Since I’m involved, I’ll be there. SNG
https://6ix.com/event/state-of-the-metals-markets-with-rick-van-nieuwenhuyse-and-byron-king
goldielocks
Re the Hunts….they did use other people, as Bunker knew a lot of very wealthy Arabs, who put a consortium together, to buy Gold as well….they operated through Dresner bank, a large German Bank. Bunker made his money by blind bidding on a Libyan field, asked BP to explore it and if they found anything develop it and split the profits 50/50 %…..they hit a huge field….Bunker was earning millions a week, lieing on his bed !!!!
To try and slow the mkts down, the IMF announced they were going to sell gold at monthly auctions……a certain tonnage of gold…..to buy you had to put a bid in…..well the first Auction came out and the price was above spot and more was bid for , which of course sent the mkts flying higher, then the next auction, then the next and it was nearly always the same …..Dresner over paid and over bid, the consortium had opened an account with Dresner, who no-one had heard of in the Gold mkts. They blind sided the entire official mkt.
I met the guy who ran the operation, he said it was the best fun he ever had, in the mkts.
Net zero = 0 jobs
Mercedes Relocates Production To Hungary, 20,000 Germans Set To Lose Their Jobs
So many c vids!
Here is an amazing man.
I think he knows what’s going on in the world including gold
Maybe there’s something to that Scotia story
Sure feels like massive short covering. If so, kudos to Ipso, he always said that the banks would cover. I never thought they’d have to, they’d just walk away unharmed.
Big break?
I think that break above the recent high of $84 might be a big deal. if it holds $90 could come quickly.
Shanghai pm fix (+ VAT) $93.31
Ferret – I agree
Not sort of the normal scenario where you’d see the metals perform like this. The dollar is strong on a relative basis, not like 2001-2 or or even 2008-11. But then that’s just against fiat that is bigger garbage.
It seems like the public and even investment community hasn’t really started to understand why the metals have value. Probably because the SM has remained elevated. If that changes, things should really get going. It’s going to catch people off guard.
I don’t know how Trump is going to get rates down where he wants them at zero, other than massive QE and even then.
After all these years it’s really nice to be winning and seeing the manipulative bankers on their heels. 👍
Buygold, it’s quite surreal, really.
Gold has doubled in 18 months. 10 yr UST has gone nowhere in that time. DOW up only 25%. US property softening. Silver up 200%. 200%!!! Who is taking any notice?



