I cannot believe the premiums on American silver eagles. It’s almost twice the price. Hard to believe it’s supply issues. Supply, double for them for them too and this is what you pay.
Dow, S&P Russel down, Nasdaq up probably on earnings going on for now.
Draghi resigns, ECB raises rates 50 bps
Finally, a little bit of a challenge to the USD.
Still holding out hope that we can reverse, the USD is now falling.
GLD just popped positive after being down $1.50. SLV trying.
Best hope
this spike down gets reversed after the open. Hate to even think what happens if we don’t…
Breakout to crash in less than two months. My brain was actually telling me that this last rally was the “big one”
All commodities getting punched in the mouth this am.
Silver Train

Silver junket for BNSF shippers
https://railpictures.net/photo/796263/
https://railpictures.net/photo/796264/
Biden fabricates again.
He doesn’t have cancer. Had skin cancer resolved probably with all his pool talk and his sun bleached hair on his legs he talked about.
But he’s blaming it on Delaware “ when it rained it was raining oil he said. That the windshield wipers had to brush the oil off the windshield when it rained. I think oils too heavy to evaporate and coke down as rain. It’ll be interesting how the media play this one out. Even the left is pivoting.
https://www.aa.com.tr/en/americas/white-house-clarifies-after-biden-appears-to-say-he-has-cancer/2641958
Ipso 19:29
Just wondering.
Second up now although not enough information so can’t say one way or another does Biden really have cancer or are they making plans to get him out of the way before the next elections without having to step down due to dementia.
He blurted out he has cancer and he got it from his home town but keeps going back there what, every week?
Interesting post from Clif High…
Clif sees the demise of the FedRes and makes some connections to that end.
BREAKING: UK government approves new nuclear power station in southeast England
— The Spectator Index (@spectatorindex) July 20, 2022
goldielocks
Do you have evidence of that or is it just your “feeling?”
Ipso
It starts out lottery buys for awhile, but even if they do collect the dots there not gonna do it my money and wondering if there stealing from Peter to pay Paul right now.
goldielocks
If Snowline can connect all the dots then they’ll have a very big project. If If If …
Cheers
Maddog
“This is because the Henan branch of the Bank of China declaring that people’s savings in their branch are now ‘investment products’ and can’t be withdrawn.”
I think this possibility is in the fine print here in the US as well.
Xi has to to be sweating a bit. He keeps making bad decisions! ![]()
Ipso 10:23
That’s why people should know about geo engineering. The bio lab of the climate.
I checked reviews. Did you see that video of Europe on climate change. It turned a Chinese flag lol
Looks like we got a rally in equities for earnings this week and next they’re pretty much calling a bear market rally. Spy trying for 400 not 4000 was half asleep when I wrote that. When it turns hope it’s doesn’t drag PMs down any lower with it even though I’m pretty much out and probably stay out expect for physical which is good for phyz unless it really gets going then treat it like a pump and dump which I pretty much do anyways.
Ipso 12:26
Snow, I remember someone from Ag think it was the CEO talking about it awhile back. Like he’s pumping his new project but I didn’t like him ignoring the other that made him money at the holders expense. Like oh buy this one instead. Generally they will when new then it will sell off. I’m glad you made some money off it but it’s attitudes like that with so many buyers in Ag it drives people off Gold and sliver stocks all together.
ipso facto
Re Tanks
and what do the scum do …take Gold sub 1700.
Xi hasn’t left China for @ 3 yrs….he may well be worried etc.
Maybe it’s a trend …….
REPORT: FEMALE TEXAS BILLIONAIRE BUYS $50M IN SILVER WITH PLANS TO BUY UP TO $1B.
There's only three female Texas billionaires and only one has the holdings to remain diversified after buying $1B in silver.
— John Tuld (@BradHuston) July 20, 2022
More bad news…
Greg Hunter interviews Martin Armstrong.
Only brain dead morons sell gold down here, @ $ 300 below cost.
The longer Gold stays below production costs, which must be close to $ 2000.00/Oz, these days, the less gold will be produced/delivered and eventually prices will rise due to lack of supply.
ergo at current prices selling short is pretty much guaranteed to lose u money, unless u can find a bigger fool, at some point.
Lundin Mining Publishes 2021 Sustainability Report Announcing Interim 35% Reduction Target in Greenhouse Gas Emissions by 2030
https://finance.yahoo.com/news/lundin-mining-publishes-2021-sustainability-213000246.html
Fortitude Gold Reports Preliminary Second Quarter Gold Production of 10,980 Gold Ounces, Maintains Annual Production Outlook
https://finance.yahoo.com/news/fortitude-gold-reports-preliminary-second-130000398.html
Preliminary Exploration Identifies Polymetallic-Gold Mineralization Potential at CMC’s Bridal Veil Property, near Gander, Central Newfoundland
https://finance.yahoo.com/news/preliminary-exploration-identifies-polymetallic-gold-133000349.html
Excellon Files Updated Technical Report on Globex’s Optioned Silver City Property
https://finance.yahoo.com/news/excellon-files-updated-technical-report-160500045.html
Mako Mining Provides Q2 2022 Production Results
https://finance.yahoo.com/news/mako-mining-provides-q2-2022-110000991.html
Sitka Gold’s Step Out Drilling Continues to Intercept Significant Intervals of Mineralization, Including Several Occurrences of Visible Gold, at its RC Gold Project in Yukon
https://ceo.ca/@thenewswire/sitka-golds-step-out-drilling-continues-to-intercept
Teuton Resources Reports 25.5 Meters of 9.96 g/t AuEq in 500 Meter Northeast Step-out Hole GS-22-134 at the Goldstorm Deposit, Treaty Creek Property, Northwestern British Columbia
https://ceo.ca/@thenewswire/teuton-resources-reports-255-meters-of-996-gt-aueq
Altamira Gold Identifies Second Significant Copper Anomaly at the Santa Helena Project
https://ceo.ca/@newsfile/altamira-gold-identifies-second-significant-copper
American Creek Announces 20.86 G/T AuEQ over 4.5M Within 25.5M of 9.96 G/T AuEQ Within 663M of 0.97 G/T AuEQ in a 500M Step-Out Hole at the Goldstorm Deposit, Treaty Creek Project JV, Golden Triangle, British Columbia
https://ceo.ca/@newsfile/american-creek-announces-2086-gt-aueq-over-45m-within
Kenorland Minerals Options the Tanacross Project to Antofagasta
https://ceo.ca/@newsfile/kenorland-minerals-options-the-tanacross-project-to
Blue Star Gold Intercepts 15.00 g/t Gold over 17.65 m (Including 25.74 g/t Gold over 6.00 m)
https://ceo.ca/@newsfile/blue-star-gold-intercepts-1500-gt-gold-over-1765
Santacruz Silver Produces 4,046,328 Silver Equivalent Ounces in Q2; Bolivian Operations Make Strong Contribution to Growth
https://ceo.ca/@newsfile/santacruz-silver-produces-4046328-silver-equivalent
Summa Silver Provides Drilling Update from the High-Grade Silver-Gold Hughes Project, Nevada
https://ceo.ca/@newsfile/summa-silver-provides-drilling-update-from-the-high-grade
Dynacor Reports Sales of US$104.0 Million (C$132.3 Million) for the First Half of 2022
https://ceo.ca/@globenewswire/dynacor-reports-sales-of-us1040-million-c1323
R640 – difference in the price
FOX shows $1725, Kitco and Netdania show $1710 or so.
Pretty sure the lower number is right. Always is..

