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SNG 14:39
I saw that one. Everyone should see what they’re doing. The only thing the environmentalist don’t bring up.The Tundra is also concerning releasing all that carbon because of channeling warm water causing ice melts.
Ipso
LA doesn’t have much time. I don’t know why they haven’t made desalination plants like yesterday.
Lake Mead is going down fast. Because the volume is decreasing in size like a funnel it’s dropping faster as time goes on.
This veteran and father and son
team have been filming it and fishing on Lake Mead for awhile.
The reservoir for Los Angles is getting real close to dead pool meaning no more water can run down to LA.
They dug a lower one for their city understandably that will last longer.
But LA doesn’t have much time before the waters gone. It’s dropping fast. Whether they can manage to drain from
lake Powell or the Colorado River to Lake Mead I don’t know but their levels are dropping too.
No one questions geo engineering and the particles absorbing all the moisture among other things.
About 3:40 minutes into it.
Maddog @ 12:24
I sure hope so! Europe’s going down the tubes even faster than we are.
All these Soros puppets in office are showing his agenda.
There talking recession
There not seeing loss of income and jobs. Not looking at all those taking second jobs or retired having to go back to work like they had to before Trump. There blind.
Ipsofacto
Re Farmers
The Dutch had the chance to elect Wilders…..but oh no they couldn’t vote for an extremist like him….
As for the Irish….they have really enjoyed sucking up to the EU, to piss off we Brits, before and after Brexit…they deserve what they get.
Maybe europeans will wake up this time…..
The Liberals and environmentalists
have shown the way for COAL to prosper ..Europe has gone back to coal..Germany namely and Scandinavians gone back to burning WOOD ..China using more Coal than ever before ! Price of oil sky rockets ,Russia booms maybe thats the secret to get Gold Price up ….let the Liberals, tree huggers and Russians do it… !
The $ index down .171—gold down 10.50–silver down 32–The disaster known as gold continues….
https://futures.tradingcharts.com/marketquotes/DX.html
JUST OUT TODAY=Newmont delivers solid second quarter production and free cash flow results from leading portfolio of long-life, responsibly managed assets; updates full-year guidance
NEM DOWN $5.46…THAT’S 10.5%….I REST MY CASE!
I wish Putin could run here ..we be in a lot better shape instead of backing corrupt NAZIS in Ukraine
Putin Has Russia Booming But The West Is In Serious Trouble And China Is Doing A Major
“Bars are filled to the brim in Russia’s biggest cities. Film and jazz festivals are sold out. And while the police patrolling Moscow’s streets are now armed with assault rifles, they are busier handing out fines for public drinking than putting down dissent.”
So Musks fucking Brins wife ! that guy is genius ! what better way to break up Google ?
A recent report claims that Tesla CEO Elon Musk engaged in an affair last fall with the wife of Google co-founder Sergey Brin, prompting Brin to file for divorce and ending the friendship between the tech billionaires. Musk has denied the report, calling it “total bs” in a tweet.
They’re not your friends
What’s Going On? Ireland Joins Canada and Netherlands and Targets Farmers with Carbon Emissions Cuts — Further Endangering Global Food Shortages
Chile rejects second Anglo American project in two months
Anglo American (LON: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company’s $40 million operational continuity project for its El Soldado copper mine, 125km north of the capital Santiago.
Despite having the backing of the country’s environmental evaluation authority, which recommended the project’s approval, the local regulator scratched El Soldado Phase V project with 10 voting against and only two in favour.
I think I’ll pass
Los Angeles could soon put recycled water directly in your tap. It’s not ‘toilet to tap’
https://news.yahoo.com/los-angeles-may-first-city-120045425.html
Newmont Announces Second Quarter 2022 Results
https://finance.yahoo.com/news/newmont-announces-second-quarter-2022-110000215.html
Snowline Gold Announces Completion of First Tranche of Non-Brokered Private Placement for C$22.3 Million and Grants Stock Options
https://finance.yahoo.com/news/snowline-gold-announces-completion-first-110000408.html
Minera IRL Increases Gold Production in Second Quarter 2022
https://ceo.ca/@globenewswire/minera-irl-increases-gold-production-in-second-quarter
Eric Sprott Announces Holdings in Sky Gold Corp.
https://ceo.ca/@newsfile/eric-sprott-announces-holdings-in-sky-gold-corp-fe0a3
Eric Sprott Announces Holdings in StrikePoint Gold Inc
https://ceo.ca/@newsfile/eric-sprott-announces-holdings-in-strikepoint-gold-89a26
Enduro Metals Commences 2022 Exploration Program
https://ceo.ca/@newsfile/enduro-metals-commences-2022-exploration-program
Resouro Provides Update on Novo Mundo Gold Project
https://ceo.ca/@newsfile/resouro-provides-update-on-novo-mundo-gold-project
Osisko Releases 2021 Sustainable Development Report
https://ceo.ca/@globenewswire/osisko-releases-2021-sustainable-development-report
Westhaven Announces $3,000,000 Non-Brokered Private Placement
https://ceo.ca/@globenewswire/westhaven-announces-3000000-non-brokered-private
Monarch Reports High-Grade Drill Results at Beaufor Confirming the Extension of the W and 140 Zones at Depth
https://ceo.ca/@globenewswire/monarch-reports-high-grade-drill-results-at-beaufor
Seabridge Gold Publishes 2021 Annual Report to Shareholders
https://ceo.ca/@newsfile/seabridge-gold-publishes-2021-annual-report-to-shareholders
Osino Announces Drill Assay Results and Update on PFS Progress Twin Hills Gold Project, Namibia
https://ceo.ca/@globenewswire/osino-announces-drill-assay-results-and-update-on-pfs
AbraSilver Announces All-Time Highest Grade Silver Intercept at Diablillos; 2,383 g/t AgEq (34.0 g/t AuEq) Over 26 Metres, Further Extending High-Grade Tesoro Zone
https://ceo.ca/@thenewswire/abrasilver-announces-all-time-highest-grade-silver
McFarlane Lake Completes Acquisition of Mining Leases in Michaud and Munro Townships
https://ceo.ca/@newsfile/mcfarlane-lake-completes-acquisition-of-mining-leases
EXCELLON IS DRILLING KILGORE
https://ceo.ca/@newswire/excellon-is-drilling-kilgore
Elevation Gold Commences Maiden Drill Program on Florence Hill Target Plus Near Mine Exploration Intersects 60.96 Meters Grading 0.54 g/t Gold and 5.13 g/t Silver in Stockwork Mineralization Below the West Pit and 32.00 Meters Grading 0.84 g/t Gold and 10.91 g/t Silver in the Eastern Extension at the Moss Mine
https://ceo.ca/@newswire/elevation-gold-commences-maiden-drill-program-on-florence
ARIS GOLD AND GCM MINING COMBINE TO CREATE A LEADING AMERICAS GOLD PRODUCER
https://ceo.ca/@newswire/aris-gold-and-gcm-mining-combine-to-create-a-leading
Buygold
Re BHP etc
Spoke to analyst over the weekend…….and the word is that metal miners are gonna keep pouring out huge earnings tks to electrification needs, that will drive demand for many metals, particularly copper….they expect to rewire the entire Grid !!!! this is from a mid thirties major believer in Net Zero etc….so the Divi is safe in their eyes, price shud increase to cut divi, but earnings will also increase.
Plus in my view even if Net Zero dies, that will boost the economies massively, so again they will be ok.
Maddog
been watching BHP & RIO since you mentioned them. Up nicely premarket and still shoveling out a 13% dividend. Wondering if they are bottoming here.
NEM earnings – big miss
Now we have a reason for the shares having been crushed.
USD down a little, 10 yr. up 7 bps – there’s your catalyst for the pm downside again.
Bitcoin down surprisingly.
Commodities on the move higher across the board, except pm’s of course.
Mr.Copper
Re Inflation
Calling for deflation here, has to be the ultimate contrarian call….but I just don’t see it….u had/have the money printing, now u have the energy explosion and over here at least, we now have serious wage demand….doctors want 30 %, others 15 % etc….plus they can’t raise rates beyond 5 % tops…
A glimpse of the future? What about the Three Rules of Robotics?
When chess robots go bad: AI player grabs a seven-year-old boy and BREAKS his finger during tournament in Russia
Mr.Copper
If memory serves Volker’s actions in raising interest rates so high took place around 1980 … some years after Nixon closed the gold window.
I think it was Greenspan who looking back at this time remarked that the US gov should have suppressed the gold price but didn’t. Looks to me that they’ve taken that lesson to heart, although this suppression will fail eventually.
Cheers
This couldn’t possibly be bullish for gold, could it?
[Definitely not-everyone knows gold is moved by interest rate differentials and other arcane nonsense]—currency collapse!—preposterous to think it could make gold rise—wink! wink!]
THE ECBs LONG JOURNEY INTO CURRENCY COLLAPSE JUST GOT A LOT SHORTER
The ECB’s announcement on Thursday July 21 of a “new instrument” for tackling “fragmentation risk” is ominous for the future of the euro. The idea is to pre-empt the emergence of serious break-up risk for the euro-zone as the policy interest rate continues to move higher in coming quarters towards “neutral.”
The new instrument, born under the name “transmission protection instrument” (TPI), will be the catalyst to the accelerated full transformation of the ECB into a bloated European “bad bank” fund. The European public at some stage should become alarmed about the danger of default by inflation spilling over into their holdings of the money issued by this bad bank fund.
If Germany exits EMU, then the ECB’s monetary liabilities just become worth a lot less in real terms (via currency collapse and inflation). Ultimately these monetary liabilities might cease to be monetary – that occurs if monetary union comes to an end. Then the monetary liabilities of the ECB would have to find a market price (in terms of real purchasing power) as the paper of a giant bad bank devoid now of monetary function.
No-one expects the present coalition government in Berlin to be taking any such decision. But market valuations including of money do reflect shifting probability of future catastrophe even far ahead. The dangers highlighted here of ultimate monetary collapse have just got a lot worse due to the ECB’s launch of its new instrument.
@ ipso facto re “Powell’s belief that he still has a choice of being Volcker,”
Things are totally different these days. After 1971 Because of excessive money printing 1934 to 1971 we lost a lot of our gold reserves from trade deficits, the gold backing had to removed from the Fed Note Dollar. Because they were backed at $34 but Gold was worth $140, we were getting screwed.
The increasing money supply (inflation) 1934 to 1971, on top of dropping the gold standard led to very high prices during the 1970s, as the fed was contracting the money supply (deflation) with higher rates to 21%. The lagging higher prices. The so-called inflationary 1970s was the lagging result of 1934 to 1971 increasing money supply.
So after 1971 they started importing cheaper imports to get inflation numbers lower. So they can’t do that again, because they already did it and its still ongoing. I saw some tires yesterday made in Thailand.
On top of all that the US Consumer was doing very well during the 1945 to 1975 era so the stupid high rates agenda and the job losing imports were more affordable. The US consumer declined 1975 to 2008 as the blow off bottom. The gov’t and Fed have just been giving people free money after that, even GM got a hand out. And the Covid made more hand outs available.
Paper counterfeit money that works is a great thing, many things can get accomplished, like moon landings and new telescopes in orbit. But naturally the taxed paychecks lost value after 1971 and unfortunately the money managers neglected adhere to Minimum Wage and Maximum Hours act of 1937.
That all means the OLD powers that be were a lot smarter than the more recent ones. And simply creating higher interest rates are not a solution in my book. Its far easier to BLUNT or over ride higher costs with higher profits and higher wages. In fact if the wages OUTPACED inflation, everybody at the low end would be better off. The system can’t survive if low end wages lag inflation.
There is something fishy going on with them bringing in all these refugees. Is there a plan? To block imports? Will the USA start producing its own consumer products again? And we have a nice new wage price spiral? LOL.