
Looks like the cosh has come out today
What will be interesting will be where gold turns …
I just don’t believe that suddenly today the PM’s go weak…just as the earnings are coming out.
That is far too convenient….surely.
Not me
Have a feeling that NEM will be beheaded….
It’s always a “shaking of the tree” for the scum……
Shaking the tree
Sure feels like they are shaking the tree pretty hard in these shares this am looking for some panic selling.
I’m not sure there’s not some money to be made for someone who buys the open.
Does anyone dare step in front of the NEM earnings this afternoon?
A bit of light … Do the AFD!
AfD Is Now Germany’s Most Popular Party For The First Time Ever As ‘Ban’ Efforts Escalate
Maritime Drills 49.4 gpt Gold over 2.6 Metres, Including 153.9 gpt Gold over 0.6 Metres at the Hammerdown Gold Project
https://ceo.ca/@newsfile/maritime-drills-494-gpt-gold-over-26-metres-including
Earthwise Minerals Completes Data Review of Iron Range Gold Project, British Columbia
https://ceo.ca/@accesswire/earthwise-minerals-completes-data-review-of-iron-range
Canterra Minerals Identifies New Exploration Targets Outside of Existing Resource and Expands Boomerang Project
https://ceo.ca/@newsfile/canterra-minerals-identifies-new-exploration-targets
LUCA 2024 YEAR-END RESULTS HIGHLIGHT TRANSFORMATIVE GROWTH AND ACHIEVEMENT
https://ceo.ca/@newswire/luca-2024-year-end-results-highlight-transformative
Finlay Minerals stakes the JJB Property – within the Bear Lake Corridor of British Columbia
https://ceo.ca/@newswire/finlay-minerals-stakes-the-jjb-property-within-the
Abcourt Intersects a New Mineralized Zone in a Hole Grading 0.9 g/t Gold over 19 Metres on its Flordin Property
https://ceo.ca/@GlobeNewswire/abcourt-intersects-a-new-mineralized-zone-in-a-hole
Triple Flag Announces Increase in Credit Facility Availability to US$1 Billion at Improved Terms
https://ceo.ca/@businesswire/triple-flag-announces-increase-in-credit-facility-availability
MAG Announces First Quarter 2025 Production from Juanicipio
https://ceo.ca/@GlobeNewswire/mag-announces-first-quarter-2025-production-from-juanicipio
Salazar Resources Announces Update on Construction Plan and Schedule for the Development of the El Domo Project
https://ceo.ca/@newsfile/salazar-resources-announces-update-on-construction
Southern Cross Gold Drills 28.6 Metres at 10.3 g/t Gold at Sunday Creek
https://ceo.ca/@newsfile/southern-cross-gold-drills-286-metres-at-103-gt
Harvest Gold Receives Government Approval For Drill Permits On Its Mosseau Gold Project In Quebec’s Urban Barry Belt
https://ceo.ca/@thenewswire/harvest-gold-receives-government-approval-for-drill
Precore Gold Granted Option to Acquire Arikepay Porphyry Gold-Copper Property in Peru
https://ceo.ca/content/sedar/DD-2025-04-23-news-release-english-9565.pdf
Solstice Gold Commences Initial Drill Program at the Strathy Gold Project in the Temagami Greenstone Belt, Abitibi Subprovince, NE Ontario
https://ceo.ca/@businesswire/solstice-gold-commences-initial-drill-program-at-the
American Eagle Commences Exploration Season at NAK
https://ceo.ca/@newsfile/american-eagle-commences-exploration-season-at-nak
GoldMining Inc. Identifies Significant Antimony Mineralization Including 2.79 g/t AuEq (0.71 g/t Au and 0.59% Sb) over 79 metres and 1.91 g/t AuEq (1.56 g/t Au and 0.10% Sb) over 128 metres at its 100% Owned Crucero Project
https://ceo.ca/@newswire/goldmining-inc-identifies-significant-antimony-mineralization
Precore Gold Granted Option to Acquire Arikepay Porphyry Gold-Copper Property in Peru
https://ceo.ca/@GlobeNewswire/precore-gold-granted-option-to-acquire-arikepay-porphyry
Orosur Mining Inc Announces Drilling and Sampling Expands Pepas
https://ceo.ca/@accesswire/orosur-mining-inc-announces-drilling-and-sampling-expands
Silver One Provides Corporate Update on Its Nevada and Arizona Projects, Southwest USA
https://ceo.ca/@newsfile/silver-one-provides-corporate-update-on-its-nevada
Lodestar Metals Settles Indebtedness with Silver One Resources Inc.
https://ceo.ca/@newsfile/lodestar-metals-settles-indebtedness-with-silver-one
Silver X Reports Significant Operational and Financial Improvement for the Full-Year and Fourth Quarter of 2024
https://ceo.ca/@accesswire/silver-x-reports-significant-operational-and-financial
Quebec Precious Metals Announces Shareholder Approval of Arrangement with Fury Gold
https://ceo.ca/@accesswire/quebec-precious-metals-announces-shareholder-approval
Lincoln Gold Update
https://ceo.ca/@thenewswire/lincoln-gold-update
Excellon Announces Upsize of Brokered Private Placement of Units for Gross Proceeds of up to C$6.5 Million
https://ceo.ca/@newsfile/excellon-announces-upsize-of-brokered-private-placement
Sierra Madre Announces Fourth Quarter and Year-End 2024 Financial Results
https://ceo.ca/@newsfile/sierra-madre-announces-fourth-quarter-and-year-end
Lahontan Announces Upsize to Private Placement of Units
https://ceo.ca/@newsfile/lahontan-announces-upsize-to-private-placement-of-units
NEVADA KING ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT
https://ceo.ca/@newswire/nevada-king-announces-closing-of-non-brokered-private
Patagonia Gold Announces Increase to Loan Facility
https://ceo.ca/@GlobeNewswire/patagonia-gold-announces-increase-to-loan-facility-c988a
Scorpio Gold Closes Over-Subscribed Final Tranche of Private Placement, Bringing Gross Proceeds Raised to Over $7 million
https://ceo.ca/@newsfile/scorpio-gold-closes-over-subscribed-final-tranche-of
Royal Gold Announces Publication of the 2024 Editions of the Asset Handbook and Investment Stewardship Report
https://ceo.ca/@businesswire/royal-gold-announces-publication-of-the-2024-editions
XXIX to Acquire 19.9% of Kintavar Exploration
https://ceo.ca/@newsfile/xxix-to-acquire-199-of-kintavar-exploration
Orecap to Acquire 19.9% of Kintavar Exploration
https://ceo.ca/@newsfile/orecap-to-acquire-199-of-kintavar-exploration
Kintavar to Purchase Au-Cu Roger Project from XXIX Metal Corp. and Orecap Invest Corp. and Announces Change in Management
https://ceo.ca/@GlobeNewswire/kintavar-to-purchase-au-cu-roger-project-from-xxix
Belgravia Hartford Provides Update Regarding $12.2M USD Ochoa Royalty and the Lawsuit Against PolyNatura
https://ceo.ca/@newsfile/belgravia-hartford-provides-update-regarding-122m
American Creek’s JV Partner Tudor Gold Increases Overall Gold Recoveries to over 80%, Produces a High-Grade Copper, Gold and Silver Concentrate for the Goldstorm Deposit at Treaty Creek, Golden Triangle of British Columbia
https://ceo.ca/@newsfile/american-creeks-jv-partner-tudor-gold-increases-overall
West Point Gold Drills 30.48m of 9.05 g/t Au, 33.52m of 5.46 g/t Au, and 28.96m of 6.02 g/t Au
https://ceo.ca/@newsfile/west-point-gold-drills-3048m-of-905-gt-au-3352m
TRX Gold Reports Robust PEA on Next Buckreef Gold Expansion Pre-tax NPV5% of US$701M at US$2,296/oz Increasing to US$1.2Bn at US$3,000/oz
https://ceo.ca/content/sedar/TNX-2025-04-22-news-release-english-5391.pdf
Exploration Drilling Intersects 983 g/t over 3.4m at Galena, Driving Growth of Potential New Mining Zone in High-Grade 034 Vein & Tara Hassan Appointed To Board of Directors
https://ceo.ca/@businesswire/exploration-drilling-intersects-983-gt-over-34m-at
Phenom Informs Shareholders of President Trump’s Follow-Through on Executive Order: Immediate Measures to Increase American Mineral Production
https://ceo.ca/@newsfile/phenom-informs-shareholders-of-president-trumps-follow-through
ALLIED GOLD ANNOUNCES COMPLETION OF BLOCK TRADE TRANSACTION AND CONCURRENT PUBLIC OFFERING
https://ceo.ca/@newswire/allied-gold-announces-completion-of-block-trade-transaction
Vox Royalty Notes Production and Development Milestones on Western Australia Gold Royalty Assets
https://ceo.ca/@accesswire/vox-royalty-notes-production-and-development-milestones
Allegiant & CopAur Announce Plan To Spin-Out Bolo Project
https://ceo.ca/@thenewswire/allegiant-copaur-announce-plan-to-spin-out-bolo-project
Liberty Gold Closes C$23 Million Bought Deal Public Offering
https://ceo.ca/@GlobeNewswire/liberty-gold-closes-c23-million-bought-deal-public
ESGold Actively Engaged with Government Partners as Montauban Moves Toward Production
https://ceo.ca/@newsfile/esgold-actively-engaged-with-government-partners-as
Trifecta Gold Announces Fully Subscribed $5.3 Million Private Placement with Lead Order from Crescat
https://ceo.ca/@accesswire/trifecta-gold-announces-fully-subscribed-53-million
Prosper Gold Refines Target at Cyprus
https://ceo.ca/@GlobeNewswire/prosper-gold-refines-target-at-cyprus
Order Adopting Special Master’s Stalking Horse Bid Recommendation for Citgo Sale Process Hearing
https://ceo.ca/@businesswire/order-adopting-special-masters-stalking-horse-bid
Thesis Gold Inc. Announces Strategic 9.9% Investment by Centerra Gold Inc.
https://ceo.ca/@newswire/thesis-gold-inc-announces-strategic-99-investment
Fuerte Metals hits 8.5 g/t AuEq over 4.0 m, 6.1 g/t AuEq over 1.7 m and 6.1 g/t AuEq over 1.4 m at its Cristina Project, Chihuahua, Mexico
https://ceo.ca/@newsfile/fuerte-metals-hits-85-gt-aueq-over-40-m-61-gt
Japan Gold Commences Initial Drill Program at the Barrick Alliance Hakuryu Project
https://ceo.ca/@newsfile/japan-gold-commences-initial-drill-program-at-the-barrick
OUTCROP SILVER INTERSECTS 8.20 METRES OF 669 GRAMS SILVER EQUIVALENT PER TONNE AT LOS MANGOS
https://ceo.ca/@newswire/outcrop-silver-intersects-820-metres-of-669-grams
Dynacor Group Reports Record Sales in First Quarter of 2025
https://ceo.ca/@businesswire/dynacor-group-reports-record-sales-in-first-quarter
Base metals have rallied pretty hard the last couple of days
almost appears as if the inflation trade is back in vogue.
Probably what’s dragging silver stubbornly higher this am. The SM too.
Trump plays these markets like a fiddle. Supposedly this SM rally is on because he said he had “no intention of firing Powell” yesterday.
Rates down over 7 bips this am in the most important market in the world.
edit: Gold is now $45 off the lows in the overnight market of $3291. If it recovers and continues higher, I’m not sure I’ll be able to believe it.
There is just no way they are going to allow silver to pop $33, the world must implode if silver is allowed to trade freely. Craziness.
Risk back on?
Looks like we have a reversal of everything we’ve had for the last couple months.
SM futures soaring. Oil up a buck to $64.70. Dollar up. Bitcoin flat after being up $10K since the weekend. Rates backing off 4 bips.
Gold down 2%, but silver up 1%. Problematic for the pm shares though as we saw yesterday.
So far, the correction in gold is orderly, and we could easily correct down another $200. Silver, OTOH is not correcting with gold, nor should it because it’s not close to overbought.
Unfortunately, as we saw yesterday, silver being firm with a rising SM isn’t enough to carry pm shares and they are weaker in the premarket.
Earnings start coming in today with NEM leading the charge. Interesting to note that Blackrock has bought a big chunk of NEM shares as deer79 mentioned yesterday. Then they were upgraded yesterday by Canaccord Genuity and price target moved from $56 to $75. Earnings estimate is $.90. Seems low for a company that earned $1.40 last quarter with gold up substantially since then. If they can’t beat that estimate, they’ve got problems. It probably won’t matter though if gold continues to correct, the shares will get hit.
In terms of the shares, this is nothing like 2001-2.
PMI’s are out at 0945 am EST, expectations have also been lowered.
ferrett
Re Car spares….A guy I know who owns a garage that does huge business in Jaguar restoration, reckons it is deliberate, to drive us off the roads/push us twds EV’s….in order to save the planet…..same trick with computer diagnostics…except loads of ‘copies’ of the software are out their.
The car companies went along with it, thinking we would all buy new EV’s off them…..Instead we are going Cuba and running old cars….until we vote in none Gobalists.
‘Building 7 Controlled Demolition?’: Republican Senator Plans Shock 9/11 Hearings, Says ‘My Eyes Have Been Opened’
Fortunately, not EVERYONE in Wisconsin is a lefty nutjob!
Bug And Tug: WEF Investigates Klaus Schwab Over ‘In-Room Massages’ And Other Allegations
So to go along with that other Schwab image that you cannot ‘unsee’… here is the rest of the story! [Barf Bag full alert!]
Gold Train

Winters are tough in Minnesota.
Amtrak toilets freeze up!
https://www.railpictures.net/photo/878283/
Goldie
What impressed me was the sterility precautions in the OR. The nurse that wheeled me from prep had to announce on her radio (everyone was wired!) she was going to OR5. When we arrived, before opening the doors, she again had to announce that she was Entering OR5 before going in. They pushed me next to the operating gurney and quickly slid my body and paper gown sideways onto the new table, and the transport nurse and gurney quickly left the room. I heard her announce her exit on the OR comms. On the ceiling vents, there were stainless boxes of apparent air sterilizers. And EVERYONE in the room was in a full-body inflated balloon suit, dragging a vent hose pipe. Complete environment isolation of the bodies working in the room. I felt like a dirtball in a hazmat laboratory. But it works! No sign of infection so far. Praying for no clots. I’m on Baby Aspirin morning and night.
goldie, AU$2,500 for a Mazda BT50 headlight
for a neighbour, because the LED sidelights had stopped working. It’s insane. Our cars cost less than that …..
Half an ounce of precious for a headlight.
@Captain Hook re Billionaires
I think all the billionaires are afraid of the US Dollar collapsing, and taking the whole global commune down with it. In that case they would all lose a lot of money. Maybe everything they have. So they are trying to turn the USA economy around to prevent a global economic collapse. They may have waited too long.
A new Gold ATM
Has popped up in China……
‘ATM’ That Melts Gold Down, Sends Funds To Account Spotted In China ( from ZH)
TUESDAY, APR 22, 2025 – 06:00 PM
With Chinese traders continuing to send physical gold premiums higher, a new ‘ATM’ has been spotted in Shanghai that accepts physical gold, melts it down, determines its purity and weight, and then sends funds to one’s bank account within 30 minutes.
The Nazi’s …
… are running the government …
… and they want to enslave you.
Trump is pissing off conservatives, farmers, his voter base.
This is how they install the control state next term.
Ferrett
Right, you can’t even by single things in some cases I heard. One person told me he went to buy a light for the front of his car and they told him he had to buy a whole unit of 300 and something dollars and that was years ago.
Mr Copper
That’s not good. I remember prior to the crash of 08 all of a sudden people couldn’t sell their house. They refinanced into risky loans that aren’t fixed and promised by these clueless they could refi out of it later. They were fixing it up to sell When they found out they couldn’t it was too late and tried to sell. Plus the refi drive taxes up because here with prop 13 they can’t just automatically raise taxes they have to have another reason or a refi or sale. My neighbor had buyers but even though they should of been able to get a loan the banks stopped lending. Prior to that the homes were selling in days. I thought oh no. Of all charts I didn’t check it was real estate. Major top in overbought range too. This is it but I don’t think anybody knew how bad it was gonna get but it wasn’t consolidation it was gonna crash.
Mr.Copper 16.24
If they are well off businessmen, why do they need to borrow money for a small truck?
What really bugs me about cars is that you can’t buy a simple one. You can’t get one with a handbrake even, let alone a manual gearbox. All those sensors which, as you say, cost a fortune to fix, and you can’t fix them yourself as you need expensive manufacturer supplied software to diagnose the problem. Can’t even open the tailgate on a 2007 X-Trail unless the battery is in the car, which is the first thing you take out to change the clutch, and want to use the boot space to lay out everything you take off.
deer79
Tks for that….I notice a few other deals happening…..maybe a few are waking up…at last !!!!!
@goldilocks re rates
I’m thinking the banks are anticipating, and maybe want an economic slowdown, because a car dealer friend, actually sells smaller trucks, told me five customers in a row, were turned down for loans.
They were all well off business owners. Plus they had big down payments. Another person I know with a 780 credit score got notified they would not renew his home equity loan. The USA has been living off way too many fake jobs, or unneeded jobs, that produce nothing, and consume money from others.
The USA forgot after 1972, that manufacturing jobs create wealth, the birth of wealth, all other jobs need the manufacturing or producers to live off of. Unfortunately China got all the wealth producing manufacturing jobs that we used to have before 1972.
For one example, we are stuck with cars that are so complicated, so many unneeded electrical parts, and stupid nine speed transmissions, catalytic converters and fixing them is extremely expensive. So they junk the cars rather pay a lot of money to fix them.
Mr Copper
If we get the expectation later if the dollar falling that being out of the dollar, cryptos could be a good catalyst as people become more aware of currency’s and prices. I don’t know if I’d trust much further than Bitcoin or PMs though less he comes up with something gold backed. Trump like knowing a storm is coming and prepare as best you can trying to get as many jobs back home and fair trade with a risk of recession, crash and stagflation, the harm since Covid to small businesses or worse than 08 on its way. They say it takes years but he’s also working on getting permits expedited and things moving faster than old school status quo. Then Hunter fears that the Fed is going to fear lowering rates after waiting to long to raise rates calling inflation transitory might have a inverse reaction of waiting too late to lower interest significantly in a in crash time.
