USD up, oil down. Haven’t seen rates yet but assuming they’re up.
SM in trouble again. Bitcoin down a little.
PM’s in trouble too, although the shares aren’t really cratering in the premarket.
As always, we’ll see what happens.
USD up, oil down. Haven’t seen rates yet but assuming they’re up.
SM in trouble again. Bitcoin down a little.
PM’s in trouble too, although the shares aren’t really cratering in the premarket.
As always, we’ll see what happens.
…seems to be working fine. Fast, snappy response now. But the general web traffic is suffering. I imagine a lot of cyberwarfare going on. Yesterday I was unable to secure a connection at all on the TOR network.
USA targeting of Moskva ship is Russia’s “Pearl Harbor” … RETALIATION is Putin’s next move, and the USA just handed him all the domestic support he needs
https://www.naturalnews.com/2022-04-21-usa-targeting-of-moskva-ship-is-russias-pearl-harbor.html
Strange this morning on the Dow. Talking heads were all bullish on stocks and air lines and started that way but the charts were saying something else that said don’t trade them yet won in the end.
Ag had a vote going on hope that’s not the reason it sold at resistance AGAIN. I didn’t vote and hope those that didn’t know what their voting didn’t either,
Mro oil had a vote before then but didn’t bother them at all. Royalty’s in gold did good until now.
What I find so stupid, is that supposedly the mkt reacts to higher rates, see todays action, as if that is the answer…..yes raising rates to fight inflation is the answer…except they are barely acknowledging inflation, just a stronger economy…but far more serious is the fact that inflation is building …..and the whole world knows debt levels are so vast, that rates 2 % would kill the economy…..
I read the other day that a 1 % increase would cost over $ 1 Trillion in new taxes to pay for it !!!!!
The money managers are idiots. I heard he’s raising a half point in May. For all we know, the selling off in Bonds and higher rates may be going up against their will, so they act like or imply THEY are in control raising them.
They were originally allegedly fighting a deflation, remember? Trying to get the fake inflation numbers back up to 2%. Well, all my life they have been under stating the true cost of living increases. So when it was below 2% it was probably a positive 5%. On average its been 7% cost of living inflation for decades.
Thats why houses went from $40,000 to $400,000 plus and should be higher are behind the curve. The cops around here make $200,000/yr middle class pay. Their labor union pay is just keeping up with true inflation. The used to make $10,000 per year middle class. Times 20 is $200,000 middle class.
But you are right. If the higher prices are because of shortages, how are higher rates going to create more supply? I guess they want to create a recession to kill or lower demand to match lower supply. Idiots.
I remember when they raised rates to 21%, as if the low rates caused higher prices. But it was removal of the Gold backing on the Dollar in 1971 that lifted the prices to 1980 anyway. Even with the headwind of higher rates, sucking money out of the system. Imagine if they DIDN’T raise rates?? The “inflationary ’70s” would have been a lot worse.
a beacon of green in a sea of red.
I think. Especially if the HUI closes back above 310.
Heavy volume in the shares not what I like to see unless we get a big reversal into the close.
which if true, shud make everyone run for the hills, as fast as they can, as what he controls ain’t worth diddly squat…..when what is driving prices is supply and War…….and the scum can do damn all about any of that….
Seems commodity stox are getting hammered all over…check some of the Oils and the spreads against Phys are horrible.
Major scum mugging on the back of Powell…if the SM is bad….PM’s must be way worse….No doubt all the usual suspects have front run the whole thing.
And naturally, the related shares, move like 10-1 leveraging on the futures market. So annoying because share buyers are so different than futures contracts buyers. Lately in metals and mining sectors, steel has a lot of green.
The scum ain’t done yet!
Yeah I know but look at all those people in Michigan who lost their homes due to incorrect taxes and they didn’t do the tax math or they did anf a woke or corrupt tax office didn’t.
They’ll find out in the real world.
It isn’t going to cut it in the real world or if they want a career where certain math is required. They’ll flunk out.
With other things they’ll argue it’s a different opinion and try to get out of it that way. They can’t do that with math. They can try but like I said I’ll take 5 instead of 4. There gonna be competing with other countries on top of it.
When my grandson was 6 I let him go to the dollar store with a few buck he earned. He already knew what he wanted and knew food had no tax and asked me if I had a few cents change for one item that required tax before he even went inside. That’s one thing good about boys though, they know what they want and get in and out. Parents can teach them just as well.
The public schools sure aren’t giving kids a good education! Much of their time is spent indoctrinating kids with left wing ideas.
That idea that 2+2 doesn’t always equal 4 and that math is somehow racist really makes me smoke!
Never saw the movie so looked up the plot. That sounds about right. That’s what parents will have to do. Pull they’re kids out of the system.
“We have the inmates running the asylum.”
We sure do! That old movie “Idiocracy” comes to mind.
Integra Announces Simplified Strategy to Advance Permitting and Development of Gold-Silver Heap Leaching, Substantially Reducing Capital Requirements and Operating Costs, Initiates Exploration to Expand Heap Leachable Resource at Delamar Project
https://finance.yahoo.com/news/integra-announces-simplified-strategy-advance-104500392.html
White Gold Corp. Identifies Significant Copper, Gold & Other Multi-Element Soil Geochemical Anomalies on its Hayes and Pilot Properties, Yukon, Canada
https://finance.yahoo.com/news/white-gold-corp-identifies-significant-113000384.html
Labrador Gold Re-Prices Employee and Consultants’ Stock Options
https://finance.yahoo.com/news/labrador-gold-prices-employee-consultants-223700627.html
Cabral Gold Drills 17.5m @ 4.0 g/t Gold at MG within the Cuiú Cuiú Gold District
https://finance.yahoo.com/news/cabral-gold-drills-17-5m-103000572.html
Troilus Drills Record High-Grade in Southwest Zone: 92 G/T and 68 G/T Gold Over 1m, and 3.07 G/T AuEq Over 15m, Zone Extended +200m; Initial Gap Zone Drilling Returns 4.2 G/T AuEq Over 7m
https://finance.yahoo.com/news/troilus-drills-record-high-grade-110000795.html
Magna Gold Announces Maiden Resource Estimate for the Margarita Silver Project
https://finance.yahoo.com/news/magna-gold-announces-maiden-estimate-110000002.html
Kenorland Provides Exploration Update on the South Uchi Project
https://ceo.ca/@newsfile/kenorland-provides-exploration-update-on-the-south
Sumitomo Converts Egina Interest to 1.36% Interest in Novo
https://ceo.ca/@nasdaq/sumitomo-converts-egina-interestto-136-interest
Early Drill Results Intersect High Grade Gold – Expands Historic Mining Zone at McFarlane Lake Mining’s West Hawk Lake Property
https://ceo.ca/@newsfile/early-drill-results-intersect-high-grade-gold-expands
Melkior Options 100% of the Genex Au-Cu Project (Incl. 2.26 g/t Au Eq over 33.85 metres)
https://ceo.ca/@thenewswire/melkior-options-100-of-the-genex-au-cu-project-incl-5110b
Golden Lake Extends The “Red Zone” At the Hamburg Mine Zone, Jewel Ridge Project, Nevada
https://ceo.ca/@accesswire/golden-lake-extends-the-red-zone-at-the-hamburg-mine
Brixton Metals Consolidates its Thorn Project and Highlights 35% Copper, 26.8 g/t Gold on Acquired Showings
https://ceo.ca/@nasdaq/brixton-metals-consolidates-its-thorn-project-and-highlights
Metallica Metals Reports Gold and Silver Assay Results Including 2 g/t Au Over 8.4 m at Powell Zone and 2 g/t Au & 4.8 g/t Ag Over 3.1 m in Starr Central Zone
https://ceo.ca/@nasdaq/metallica-metals-reports-gold-and-silver-assay-results
Maple Gold Provides Exploration and Corporate Update
https://ceo.ca/@newsfile/maple-gold-provides-exploration-and-corporate-update
Canagold Continues to Intersect High-Grade Gold Mineralization in C-West Main Vein Including 42.5 gpt Au over 2 m at New Polaris Project, BC
https://ceo.ca/@accesswire/canagold-continues-to-intersect-high-grade-gold-mineralization-44c1d
Marathon Gold Reports Latest Drill Results from the Berry and Victory Deposits, Valentine Gold Project
https://ceo.ca/@nasdaq/marathon-gold-reports-latest-drill-results-from-the-a114e
Very well stated Ororeef! It is beyond sad, that people don’t see what is happening now, and what transpired there previously to bring us to this point. This is the outcome of inept or ” stolen ” leadership through out the western world, especially here in the USA, that are filled with there own averice, it is never in their minds to protect their own peoples. All the people that can’t conceptualize these events, will come to understand the last words of your posting, pestilence, and starvation.
It better do something pretty soon or I’m gonna stop out and move to some other sector for awhile.
Hoping GLD can reverse off the 50 dma
Rates up, USD down a little. Lots of Fed speak today.