Down 2% in February.

This is the beginning of the recession / depression.

No real impact on pm’s as expected but I’ll make the bet that as the day wears on they’ll catch a bid as the shares are steady.

USD up and we’re in the battle for $1950 and $25 silver.

Durable goods out this am but I doubt it will move our pm’s.

Almost a given anymore that if the QQQ’s are down one day they’ll be up the next morning. Definitely not normal market action, it’s intervention IMHO

Thanks for the piece on GROY. It does feel like it’s been building a base for months now. It’s the only royalty stock I own. Shame on me for that, I should have owned RGLD for a long time now but always waited because it was “too high”.

Hoping I’m in at the bottom on this one. It won’t be a high flyer, but just a steady income producer with appreciation.

Another thing is going on with my bank anyways. I went to get some cash out and they were empty at the outside ATM and the bank is closed on the inside since Covid. This started before the war. Now when I want into a store and wanted to take out cash with my purchase it was denied over and over even though they have my money. I told teller they don’t want us to have cash watch this. So I put it through again this time without asking for cash and it went through with no problem.
Now I have to go to the bank farther away “ more gas” as the closer one never opened again but their ATM will take deposits just not give anything back.
Then like Celente says they’ll they take your money and use it but then will ask you what your using it for.
Leave it to Biden and the gang pulling his strings to start up the impending dark ages. Malls will close again I suppose.
Since I have to drive past a mall but the bigger type one I’ll see how many cars are parked as well as the restaurants. These are peoples jobs at risk because of these idiots.

lots of good points you brought up there. How people driving less will hurt businesses. Things don’t look good. And the $64 dollar question is, how long duration and how bad will things get? How far off is the bottom? Hopefully while Biden is behind the wheel of this unfolding train wreck in slow motion.

not one dime of the last two royalties that GROY purchased (ely /GZZ/RZZ) is showing up in todays price so your close to the low

GROY – Gold Royalty Corp Shareholders – CNNMoney.com

I’m going to have to make a list of what the youngsters are buying on and off. Like surfing. Just get out there and wait for the wave to come by and ride it in lol Like waves they come in sets. Unlike waves though where you don’t want to take the first one case something happens you don’t want the others coming down on you right behind them. In this case the bigger waves like game stop are the first ones.

I haven’t drove around for a month and a half or more. I was shocked the LA gas prices moved up here. I filled up the car when it was 4 something with gas rising by the week. Now it’s about 6 something a gallon.
I think is affecting businesses. There was traffic but not as much and no lines at the fast foods or drive through coffee shops. People have to cut back somewhere.
It’s probably going to hurt business and their employees, as if they haven’t been hurt enough with the lock downs. Now we have a Weekend at Bernies and a laughing hyena in office.

https://schrts.co/KqWhUfUD

I think Europe in general is a spoiled brat bully that has too much influence on the USA. We get our marching orders from Europe. Trump started to do a regime change here, and regain our independence from Europe. Ans its so strange that the UK the original “colonizer” around the world declared their divorce from Europe.

One of these days, North Korea will take back south Korea. And China will take back Tiawan. They already got back Hong Kong. North Vietnam took back South Vietnam, and Afghanistan got rid of a western European colony over there too.

Everything is simply in reverse. All those low priced IMPORTED consumer products the USA was addicted to? Like cocaine? It OVER. Europe has been doing very well after WW II, and a reversal future suggests suggests the good times are over for Europe.

The USA has been going down hill since 1970. A reversal future suggests the good times are coming back after the pains of withdrawal. Extremely higher priced imports will cause pain then prosperity. No pain no gain.

Here’s what you can do that will help the jabbed and un-jabbed, but it still won’t fix “stupid”!

Millions get AIDS from Vax by Fall – Dr. Elizabeth Eads

Most everything costs 20 times more. When they legalized Gold ownership, it cost $140/ounce. $140 times 20 is $2,800, and that only a break even to inflation. Besides that, a 1 bedroom apartment around here is $2300/mo. One ounce of gold for one months rent looks crazy expensive re gold to me. One ounce of gold should buy 3 months rent.

why not consider what Eric Sprott buying,he does the research for you,He’s probably got 30 or 40 of them .When a exploration has sponsorship its like a floor under the stock….while you wait to see which one will pay off big !   Just my opinion…

HUI should at least get to 320 pretty quick.

Metals at the HOD!

Where is everyone ?????

Reporting for duty Cap’n …..Yup tdy looks much better now…I thought they wud keep a lid on it after the usual early sell off, after a gap up opening….but no there are buyers around and as u said some of that money maybe coming from the SM sellers….they can be defensive with PM’s…..

Good luck on your short but looks like you won’t need one.
I noticed that on the reverse splits. Even a silver short was on there and was thinking the same thing. Usually they would reverse split the Pros not the shorts.
Don’t underestimate any of them. Qqq might be next.

although volume in the shares is below average across the board. Would like to see some volume come in here in the last hour.

Surprising that we are having a good day in spite of the bearish COT’s

Where is everyone? Makes me wonder if the retailers like us are ever going to come back into the pm sector. Can’t say I’d blame them.

Ipso – that’s a classic!

Goldie – took a short out on PLTR @ $13.40. Doesn’t look like the QQQ’s are going to finish positive. It will be closed out by the end of the day regardless. Hoping to scrape a couple hundred bucks.

Interesting to me they left out the QQQ ETF’s like QID, etc.

OTOH – if they are trying to manipulate shares higher they’ve included the Oil ETF’s. Does that mean they are trying to move oil higher?

There also trying to manipulate the shares up.
Look at this list. The pro shares are going to have a forward split. Already did.
The short shares are going to have a reverse split. A bunch of them on May 25- 26tb https://marketchameleon.com/PressReleases/i/1208228/ZSL/proshares-announces-etf-share-splits

Those youngers, there all out in different sections but took on ether yesterday. I was thinking about buying a stock in one but didn’t. Then it jumped from 10 to 15.45 in one day or something and theyre saying they made a 70 percent gain on ether yesterday today.

The rubber meets the road.

They’re trying like heck to bring the Nasdaq positive, looks like they’ll probably do it.

edit: Maybe that’s all we needed was to get through the first hour, looking a little better. NEM is a beast, carrying the HUI on it’s shoulders.