Hope you’re still spending some of that money.💰👍
More trouble in West Africa
Mali revokes over 90 mining exploration permits for non compliance
https://www.reuters.com/world/africa/mali-revokes-over-90-mining-exploration-permits-2025-10-29/
End Game?
Simon Dixon
@SimonDixonTwitt
·
Oct 29
Central banks are selling US debt.
Stablecoins are buying US debt.
What happens to the stablecoin yield from US debt at Tether?
It buys Bitcoin.
It also buys the White House ballroom—because stablecoin issuers have become the exit plan for US debt.
Stablecoins are the new tool in the debt-based Ponzi.
https://x.com/SimonDixonTwitt/status/1983490593964597725
Paolo Ardoino 🤖
@paoloardoino
·
Oct 29
With 135 billion of U.S Treasuries, Tether is now the 17th largest holder of U.S debt, passing also South Korea.
Soon Brazil!
Buygold
I’m kind of glad gold didn’t make it to it next target yet. The market might perceive it as a top when the market is at its current highs when the economy is struggling and appears in a tentative state of a possible sell off with only a few over bought stocks holding it up. It looks similar to a house of cards. If these few stocks go what’s to hold the rest of the market up? The only thing that seems to be keeping it up is Fomo. Talking heads calling for higher highs. It isn’t gonna be housing.They totally screwed that up. Once the bubble or as Pento says bubbles burst and think housing already did once these few stocks go where is money gonna go. Probable to safe havens and defensive stocks. They’ll have to take a real hard look at the economy now. All the companies becoming distressed.
I also think about the mid terms. What would be a better time for a melt down? Way before the election with likely QE steps although I hope they think harder than that, or right before the election.
Buygold your 7:22
I was passing through northern Quebec about 20 years ago en-route to a remote canoe trip when I passed the Canadian Malartic Mine. I was at that time exclusively in PM investment and was intrigued by this mine. Checked it out when I got home a few weeks later and was impressed by the company potential and especially its management. After some initial small scale investiture I bought a quantity of warrants: they turned out to be a 23 bagger and constituted my single best investment during the previous PM bull.
Ferrett
I’m not that into the mechanics of computers but isn’t these search engines specifically made for that purpose, like a vast open library that I think Musk wanted for himself for profit but some good natured people actually left in the world that go unrecognized wouldn’t let him and covered the initial cost to make it non profit.
Good earnings for AEM as usual. Up 2%
05:44 PM EDT, 10/29/2025 (MT Newswires) — Agnico Eagle Mines (AEM) reported Q3 adjusted earnings late Wednesday of $2.16 per share, up from $1.14 a year earlier.
Analysts polled by FactSet expected $1.97.
Revenue for the quarter ended Sept. 30 rose to $3.06 billion from $2.16 billion a year earlier.
Analysts surveyed by FactSet expected $2.96 billion.
For 2025, the company reiterated its forecast of producing 3.3 million to 3.5 million ounces of gold at a total cash cost of $915 to $965 per ounce. It also expects all-in sustaining costs to range between $1,250 and $1,300 per ounce.
The company said its board maintained a quarterly dividend of $0.40 per share, payable Dec. 15 to shareholders of record on Dec. 1.
The appropriate response
to yesterday’s rate cut, although gold has been fading off the highs of the overnight and struggling to retake $4K. Silver had been lagging but is up a steady 1%. Hard to say if either will hold. Plat and Pall are up over 1% as well.
Shares up modestly.
The dollar and rates are flat. Oil back below $60 at last check.
Kind of nice not worrying about echo data these days.
I’d like to think this is the beginning of the big snap back rally, but it looks awful tentative.
Ferret @6L45
Why do you describe LLM AI users as ‘dross’?
These huge data centres are dinosaurs before they have hatched.
Small Language Models will dominate the revenue earning AI applications. Specific databases for specific purposes, such as writing legal contracts, researching medical issues and other research topics. An LLM isn’t effective for these applications with trillions of data units to sort through rather than the SLM which has only the relevant 10bn to 15bn data bits, and runs on a desktop computer.
LLMs will only be for limited commercial applications, and the internet dross of people using it as a super google search engine, or as a companion. Which won’t pay. Massive mis-allocation of capital will crash the AI and chip stocks, and nuclear power companies.
Cascadia subduction zone
A fault off the coast of North Calif all the way to Canada is showing activity. It may be slowly dying but will the activity have any ability to move the rocks or set off a quake? This zone can cause a long lasting powerful quake followed by a tsunami that can get as high depending on data 100 to 1000 ft high.
That would eliminate a lot of Democrat antifa.
Last time parts of the cost sunk down as rocks beneath that were moved up dropped back down then swallowed up by the ocean. That was in 1700. The indigenous people who survived back then still carry story’s about it. They had no tsunami warning and they couldn’t see it coming because it came at night. It was like a wall of water they couldn’t see the top suddenly appeared. Near term it’s still there but apparently it’s starting to break apart. Question is what new thing will appear.
https://www.sciencedaily.com/releases/2025/10/251025084611.htm
Aufever
Supply issues
I am looking for ways to buy from local suppliers, particularly food. Especially if they deliver. 🙂 I found through life extension they have virgin olive oil from California. Other states may grow them too but closer than Europe. It’s not only good for brain health and some forms of cancer but virgin olive oil not the others helps bones too amongst other things. But if it sits around it can go rancid and become cancerous just as well. I read that Amazon gets old supplies. Same with peanut butter, a storage food for kids it can go rancid. I want things like that with a harvest date not just use by date. They could be sitting on ships for months in all kinds of weather and shelves just as long. Fortunately we have a lot of farmers markets around here too since weather allows longer growing seasons. For things we can’t store long term if the stores run empty.
Defensive
Which they’re not mentioning while they talk about equities and tech tech tech AI AI AI which they’re also going to use AI to monitor workers. Might be some good in that but potential for abuse. Hey I know your busy delivering one order to that table right now and taking another order right after but go get that other empty table ready right now.
I decided I can have multi bank accounts without having accounts which might protect you from the Trudeau’s of the world of one bank or having your eggs in one basket through CDs. Might be a good idea for Europe especially after what they did to Vietnam erasing bank accounts if they didn’t get their digital ID. For now till they get wind of it anyways. Maybe Starmer might get that idea from Vietnam himself. Confiscate or delete accounts.
Buygold
Its not just what he does tell you which is pretty much predictable at this point, nothing to see here everything fine, but what they don’t tell you people better be looking for and have their own plan on what they’re next moves will be.
Buygold
Things are changing a bit where what Power says may not hold much weight especially knowing his bias and how they have made the mistake of driving housing prices through the roof keeping interest rates too low too long even buying mortgage backed securities up to first raise and tightening in 22 one more time, the wasteful cost of their new Fed resort that what ever they have in mind doesn’t benefit the economy but the CE0s of bankers and stock boards not for balance but for unfair profit and outright theft to the economy.
Ipso
A good move taking profits off the table while those who are buying the ETFs and funds are told to buy them instead of gold right now maybe so they can sell left in the dark.
Buygold
Totally agree. Powell is trying to save face with his anti Trump constituents. With approximately $1 trillion of debt needing to be rolled over in the near future, the knee jerk reaction by the algos is insane!
JMHO
Whatever Powell said
He’s bluffing. The dollar is screaming higher and despite the scum’s best efforts we are fighting them off.

goldielocks @ 13:02
I’m sure it’s a good move. Who would know better than the insiders!
Will be interesting
To see how the pm’s react to the Fed. Maybe more importantly is what Powell says, if they are ending QT, if he sees inflation moderating. In other words-dovish. It would be a change for him.
Ipso
I got this in a email today from a reliable source.
Palantir’s Alex Karp has lined up nearly $2 billion in stock sales. Nvidia’s Jensen Huang has already sold around $40 million of his own shares, and plans to liquidate another $800 million.
Wow! Overvalued much …
NVDA’s market cap now equals 16% of the US GDP

