Loading ...USD won’t go down again in my lifetime. LOL
Lol Now that’s funny.
ipso, 21:14
two votes? i tried to cast them both for FJB, but it only took one of them.
Ipso
We have 3 Feds talking today at different times and seems Mester, Bullard are even more hike happy than Powell.
First Powell this morning then later Mester, Bullard. Bullard is all for front loading.
There unloading their mortgage back securities bonds ect too. They started buying more securities in 2020 so they took part in increasing housing costs. They have to know it’s gonna hurt about every sector and the WH is gonna just keep spending and do the opposite of the right thing.
Not much hope they will cool down the hikes. Guessing there going to rationalize to the public.
Not Very Happy
Two followers of the German engineer and economist who formed the WEF Klaus Schwab.
July 6 – big day in Utah Fed. court
David Martin et al taking on ‘the mob’ …the genocidal overlords .
Well worth listening to this one :
Up to 700 Million Worldwide Will Die from CV19 Vax by 2028 – Dr. David Martin | Greg Hunter’s USAWatchdog
SSR MINING HOSTS MINISTRY OF ENVIRONMENT, URBANIZATION AND CLIMATE CHANGE OFFICIALS AT ÇӦPLER
https://finance.yahoo.com/news/ssr-mining-hosts-ministry-environment-180100647.html
Alamos Gold Announces Phase 3+ Expansion of Island Gold to 2,400 tpd, Driving a Larger, More Profitable Operation with Average Annual Gold Production of 287k oz, Industry Low All-in Sustaining Costs of $576/oz, and a 31% Increase in Net Present Value (“NPV”) to $2.0 Billion at $1,850/oz Gold
https://finance.yahoo.com/news/alamos-gold-announces-phase-3-220000867.html
Cabral Gold Inc. Announces Closing of Approximately $3,000,000 Private Placement Financing
https://finance.yahoo.com/news/cabral-gold-inc-announces-closing-174900986.html
Azimut and Mont Royal Discover High-Grade Nickel-Copper Massive Sulphide at Wapatik
https://finance.yahoo.com/news/azimut-mont-royal-discover-high-103000605.html
Troilus Drills 1.73 g/t AuEq Over 6 Metres and 1.04 g/t AuEq Over 13m in The Gap Zone; Demonstrates New Mineral Continuity Beyond Main Zone Ore Bodies
https://finance.yahoo.com/news/troilus-drills-1-73-g-110000085.html
Rise Gold Reports Majority of Comments on Draft EIR Support the Idaho-Maryland Mine
https://finance.yahoo.com/news/rise-gold-reports-majority-comments-120000988.html
Labrador Gold Raises $3.88 Million From Exercise of Share Purchase Warrants
https://finance.yahoo.com/news/labrador-gold-raises-3-88-120000717.html
Opawica Completes Arrowhead Drilling Program
https://finance.yahoo.com/news/opawica-completes-arrowhead-drilling-program-123000567.html
TriStar Gold – Drilling Started on Exploration Program
https://ceo.ca/@newsfile/tristar-gold-drilling-started-on-exploration-program
Athena Gold Intercepts Shallow High-Grade Gold with 15.3 G/T Over 35 Feet at its Excelsior Springs Project, Nevada
https://ceo.ca/@accesswire/athena-gold-intercepts-shallow-high-grade-gold-with
Goldshore Resources Drills 78.35m at 1.17 g/t Au and Delineates Higher Grade Lenses Within Moss Lake Deposit
https://ceo.ca/@newsfile/goldshore-resources-drills-7835m-at-117-gt-au-and
Signature Resources Provides a Progress Update on Its NI 43-101 Initial Resource Estimation Development Work
https://ceo.ca/@newsfile/signature-resources-provides-a-progress-update-on-its
Q-Gold Completes LiDAR Survey, Kicking off the 2022 Exploration Program
https://ceo.ca/@nasdaq/q-gold-completes-lidar-survey-kicking-off-the-2022
Dynacor Announces Change of Name and Annual Meeting Voting Results
https://ceo.ca/@nasdaq/dynacor-announces-change-of-name-and-annual-meeting
Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq Within Wider Intervals and Provides Exploration Update for Jesus Maria Silver Zone
https://ceo.ca/@newsfile/capitan-mining-drills-15m-of-4889-gt-silver-eq
Unigold provides update on activities; releases first ESG report
https://ceo.ca/@nasdaq/unigold-provides-update-on-activities-releases-first
Thanks for sharing that Maddog
That is pretty much what I’m hoping to find. The rest of these pm stocks suck to high heaven. I bought some CMCL for the divi as well.
Another day, another attempt at a rally, already failing.
USD won’t go down again in my lifetime. LOL
edit: 1Q GDP down further to 1.6% from 1.4% in the final read. G & S bounced a bit, but they’re being drip sold.
Redneckokie
Just noticed that RIO and BHP are both paying just under 13 % pa, for world class commodity Co’s, that is a crazy yield…and with Vlad/West making sure prices stay high….the Dividend shud hold or even grow.
See y’all am really off for a bit…..
I don’t think even the day traders are going to do much tomorrow less they have their computer next to the TV
Federal Reserve speakers agenda for Wednesday, 29 June 2022 – Powell, Mester, Bullard
Treefrog
Should of paid attention to your RECAF lol
With some others I’m going to be doubling down when the time comes and accumulate more so all’s good since I haven’t been trading for a few years but held some stocks I sold into the move up this year. There’s a channel when to buy and sell all the way down pretty much if you have the energy for tax time for all that.
a tough day on the market
dow down
gold down
bitcoin down
hui down
wheaton down
tesla down
silver down
berkshire hathaway down
RECAF UP !!!
New Poll New Poll
Vote! Vote!
Boggles my mind
I guess businesses have to get Congress permission with the Democrats to rebuild their own manufacturing.
Congress working on a Chip act to bring chip making back to the US.
I’m going to speculate in at least one of the potential makers.
Richard 640
You wouldn’t even have to ask if you had a reasonable clue.
OROREEF–by test, do u mean u have taken a position in wpm? have u been
accumulating anything else in PMs lately.
Ipso
Re: Although technology makes it easier to control the masses it also enables those masses to discover what’s going on.
That’s true, imagine only relying on msm.
Even so if you even had half a brain you’d know them by their deeds or what’s left in your wallet by the end of the day.
SBT. [sad but true]
Gold Stocks Are Worse Than Gold, Better Than Crypto
Gold Stocks Are Worse Than Gold
The original article was published in September 2016. I just finished reading it again and find no reason to edit or modify its contents.
The price of gold peaked in the summer of 2016 – shortly before my article was written and published – at $1357 oz. (monthly average closing price). At that time the GDX (ETF index of gold mining shares) peaked at 30.60.
Both gold and gold mining shares (gold stocks) have been lower and higher since then, and the past six years have seen a fair amount of volatility. Lately, both gold and gold stocks have undergone downside corrections since their most recent highs earlier this year.
So where are we now?
Below are ten-year charts for gold (source) and GDX (source)
Gold Prices – 10 Year Historical Chart
Gold is currently priced at $1827 oz. and is up almost thirty-five percent since its peak of $1357 oz. in July 2016.
The GDX index of gold mining shares is currently 29.66. That is a decline of three percent during the same period in which the price of gold increased by more than a third.
Even if the three percent decline in gold stocks could be changed to a three percent increase, the mathematical calculation for comparison purposes would result in a more than ten-fold increase for gold over gold stocks.
More recent performance is similar. Since their respective peaks in 2020, gold is down eleven percent; and GDX is down by thirty-seven percent, more than three times as much as gold.
Finally, from their respective peaks in the past few months, the gold price has declined by eleven percent, whereas, GDX is down by twenty-seven percent.
