GDX is on target for an inside day….so weak is the ‘rally’.
We may pull off a monthly bull reversal, if we get above 27.38 by the end of July.
GDX is on target for an inside day….so weak is the ‘rally’.
We may pull off a monthly bull reversal, if we get above 27.38 by the end of July.
If the shares and silver don’t start to pick up some ground, I’m not even sure if this will qualify as a reversal. Shares should be screaming IMHO.
It’s like a signal to their fellow travellers….don’t worry we are still here.
Correction (and sorry mr. Xi ?)
The footage had nothing to do with the protest against Henan banks. Tanks appeared in Rizhao, Shandong province for military exercise-related activities.
— Willem Middelkoop (@wmiddelkoop) July 21, 2022
Feels like there’s a bid underneath the shares, but the rallies keep getting beaten back.
He’d better order some Ivermectin horse paste from Amazon!
Yep “We’ll own nothing”
That’s when the pitchforks come out. I can’t believe the people of California and elsewhere are leaving these bastards in office!
“We Decided To Stop Paying”: China’s Mortgage Payment Boycott Spreads As Property Suppliers Refuse To Pay Their Bills
In a jarring case study of what happens when a ponzi scheme goes into reverse, hundreds of contractors to the property industry complained that they can no longer afford to pay their own bills because developers including China Evergrande Group still owe them money, Caixin reported, citing a statement it received from a supplier Tuesday.
Similar to homebuyers who have taken a stand and refuse to pay for properties that remain uncompleted, one group of small businesses and suppliers circulated a letter online saying they will stop repaying debts after Evergrande’s cash crisis left them out of pocket.
“We decided to stop paying all loans and arrears, and advise our peers to decline any requests to be paid on credit or commercial bill,” the group said in the letter dated July 15, which was sent to the developer’s Hubei office. “Evergrande should be held responsible for any consequence that follows because of the chain reaction of the supply-chain crisis.”
Re Water
That is the general direction, ‘they’ are travelling in…they really do think everything we have, is really theirs.
I remember years ago we had a test case, whereby a farmer tanked his water off his roofs and told the local authority to shove its bill…it went to court and the court ruled that because the water fell out of the sky, it was not his…so he had to pay up !!!!
My wife crashed her car yesterday. She told the Police that the man she collided with was on his mobile and drinking beer from a can at the time.
The Police said that the gentleman was entitled to do what ever he wanted in his own back garden.
California EPA Asserts Shockingly Broad Domain Over Private Property
Letter: Blumenfeld tells well owners they now must pay for their own water
by Ken Kurson, July 20, 2022
Legend has it that Jed Clampett “was shootin’ at some food / When up through the ground come a bubblin’ crude.”
The Beverly Hillbillies’ transformation into instant millionaires illustrates one of the oldest conceptions in the western world: What’s on your land belongs to you. This idea predates the founding of America. If you find gold in your backyard, that resource belongs to you.
California wants to change that.
A source near San Diego has shared with California Globe a shocking letter that’s quietly being delivered to owners of private wells.
“California is marching toward a world where those with wells on their own property will be required to put a meter on them and pay the government,” writes the source. “Because in their world, the government owns everything and we’re just renters.”
https://www.zerohedge.com/news/2022-07-20/california-wants-you-pay-state-using-your-own-water
run Forest run!!
I thought Marcus Lemonis was a smart guy … I guess not!
NYSE: CWH 26.48 (-35%) Year to date.
NEM down already near 1 %….this is gonna be a huge fight…..as the ECB has signalled the CB’s are well and truly ‘effed….sri for language…but nothing else says it as well.
With Crypto’s shot and the SM full of liars….it’s what u can hold.
USD now screaming higher, GLD, SLV gains gone.
and the nightmare continues…
Yeah, that’s what I think might happen here too.
The USD has come all the way back after being down .5%, rates are down a smidge but the scum is all over us. As usual.
Pan American Silver drills highest grade intercept to date on the La Colorada Skarn project
https://finance.yahoo.com/news/pan-american-silver-drills-highest-100000510.html
Integra Intersects 2.26 G/T AuEq Over 102 M at Sullivan Gulch, Including 1.30 G/T Au and 2,718 G/T Ag (36.28 G/T AuEq) Over 1.53 M
https://finance.yahoo.com/news/integra-intersects-2-26-g-104500882.html
IAMGOLD Publishes 2021 Sustainability Report & Named as One of the Best 50 Corporate Citizens in Canada
https://finance.yahoo.com/news/iamgold-publishes-2021-sustainability-report-110000190.html
First Majestic Produces 7.7M Silver Eqv. Oz in the Second Quarter Consisting of 2.8M Oz Silver and 59,391 Oz Gold; Announces Updated 2022 Guidance and Conference Call Details
https://finance.yahoo.com/news/first-majestic-produces-7-7m-201000737.html
First Majestic Silver Corp. Announces At-The-Market Offering Equity Program
https://finance.yahoo.com/news/first-majestic-silver-corp-announces-224300969.html
Eloro Resources’ Deep Underground Hole DSBU-10 Intersects 188.64 g Ag eq/t (44.75 g Ag/t, 0.08 g Au/t, 1.05% Zn, 0.76% Pb and 0.14% Sn) over 349.08m in Core of Feeder Zone in the Santa Barbara Target Area at the Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia
https://finance.yahoo.com/news/eloro-resources-deep-underground-hole-100000126.html
Cabral Gold Drills 13.0m @ 4.6 g/t Gold Including 1.0m @ 49.2 g/t Gold within Gold-in-Oxide Blanket at the PDM Target, Cuiú Cuiú District
https://finance.yahoo.com/news/cabral-gold-drills-13-0m-103000206.html
Moneta Intersects Significant Gold Mineralization and Confirms Continuity from Infill Drilling on the Westaway Deposit at the Tower Gold Project
https://finance.yahoo.com/news/moneta-intersects-significant-gold-mineralization-105000960.html
Benchmark Advancing New Targets to the Drill-Ready Stage at Its Gold Silver Project
https://finance.yahoo.com/news/benchmark-advancing-targets-drill-ready-130000790.html
WALKER ANNOUNCES SHARE CONSOLIDATION
https://finance.yahoo.com/news/walker-announces-share-consolidation-130000839.html
i-80 Gold Provides Update on Underground Development Program at McCoy-Cove
https://finance.yahoo.com/news/80-gold-provides-underground-development-100000432.html
Kiboko Gold Completes Earn-in Option on the Harricana Gold Project Located 55km North of Val-d’Or, Québec
https://ceo.ca/@businesswire/kiboko-gold-completes-earn-in-option-on-the-harricana
G.E.T.T. Gold Establishes a Working Relationship with ESGold Corp.
https://ceo.ca/@thenewswire/gett-gold-establishes-a-working-relationship-with
CANTEX CONTINUES TO INTERSECT MASSIVE SULPHIDES TO DEPTH AT NORTHEAST END OF MAIN ZONE ON ITS 100% OWNED NORTH RACKLA PROJECT, YUKON
https://ceo.ca/@newswire/cantex-continues-to-intersect-massive-sulphides-to
Rockhaven Commences 10,000 m Drill Program at its Flagship Klaza Gold-Silver Project, Yukon
https://ceo.ca/@accesswire/rockhaven-commences-10000-m-drill-program-at-its-flagship
TriStar Gold Submits Major Environmental Permit Application at Castelo De Sonhos Gold Project, Para State, Brazil
https://ceo.ca/@newsfile/tristar-gold-submits-major-environmental-permit-application
Melkior Receives TSXV Approval for Genex Au-Cu Project (Incl. 2.26 g/t Au Eq over 33.85 metres)
https://ceo.ca/@thenewswire/melkior-receives-tsxv-approval-for-genex-au-cu-project
Silver Sands Resources Returns 720 g/t silver over 4.85 metres and 124 g/t silver over 11.95 metres at Virginia
https://ceo.ca/@newsfile/silver-sands-resources-returns-720-gt-silver-over
Osino Closes Ondundu Acquisition From B2Gold Through Shares Issuance
https://ceo.ca/@globenewswire/osino-closes-ondundu-acquisition-from-b2gold-through
the paper that just won’t burn
The paper prices are premiums for them in reverse.
I cannot believe the premiums on American silver eagles.
The scum have driven paper prices down to insane levels….historians will cite them as glaring examples of how mad they went….
Morning
Note that the ECB has had to keep buying Italian Bonds…..no-one else is….as per Armstrong….it won’t be long before the rest of Club Med are queuing up for some special ECB QE.
The Rig is all that is holding this crap together…..Gold 25 % below production costs….is a screaming buy…and that is without the monster scum short….