deer79 @ 17:09 What happens to gold stocks if gold goes to $40,000???
My guess is the same thing that has been happening so far this time to silver and gold stocks when silver and gold has gone up 50% while the shares have gone nowhere. Not much!
From year 2000 to 2011 PM stocks followed or led the price of physical up, but this was during a time when Derivatives/ETF’s were perfecting their craft.
Now BlackRock owns and controls more than 50% of the existing ETF’s through it’s ALADDIN super computer. Further, my guess is they also have access to your/our Brokers accounts and have been given your shares (for a modest fee) to use to short the PM shares….So you buy 1000 shares of XYZ and they short/sell 1000 shares of “borrowed” XYZ they had in possession from your broker so they were not naked short…and while the volume goes up, and SNG goes up, the share price goes nowhere. (hope I’m wrong)
So while last time I took well over a $million of OPM from 108 PM miners and explorers and then converted much of it to SNG phyz on the pullback, this time I have the phyz and I am again up well over 50+%. All FWIW but DYODD! SNG
Let’s hope this goes somewhere
Gabbard refers Obama for prosecution but stops short of suggesting ‘treason’ charges
Gabbard refers Obama for prosecution but stops short of suggesting ‘treason’ charges
D’oh!
Commiefornia Ran Fossil Fuel Companies Out of Town, Now It’s Begging for Them to Return . . . and None Are
Hypothetical question
If Gold is revalued to $40k ( or substantially higher than what it is now), what happens to the mining stocks??????
Do they continue to lag, or would they explode higher as well?????
SNG 16:04
I know I’m wondering. Athletes taking care of themselves and this !!!! happens. When the H are they going to first stop the psychopaths and they should have the resources and power to hold them accountable.
NEM beats by a mile
$1.43 vs. estimates of $1.18
surprised they’re not down considering production was down 130K oz. YOY.
Avg. sales price was $3220 oz.
Plenty of room for earnings this quarter. These guys better start with some serious dividends.
Speaking of drugs.
There’s a pharmacy in Florida that apparently got started around COVID and getting out Ivermectin and Hydroxy
Since then they have a plethora of medicine for different categories. So if your gonna travel or know what you need or what a kid needs like swimmers ear infection in summer you could have it on hand.
I stocked up on a few things. If you want to buy more of the same thing you can get refills for about a year without another I think 30 dollar charge for their doctors review of the medicine Between meds mostly antibiotics and creams even pre skim cancer creams. 30 dollars is not bad to have it on hand instead of a urgent care especially with all this war talk. One difference insurance pays but doesn’t pay for on hand meds. Couple of days after I got it someone I know work up to a abscessed tooth with pain.
I’m not getting anything for mentioning it but if they had it for discounts I would. It took 8 days from the time ordered to get it from the other side of the states. They could improve on the computer side for phone friendly too but otherwise good. Can’t testify on the quality but from the outside looks good
All Family Pharmacy – Your Family’s New Pharmacy https://share.google/YBr8q37dEima549aK
$40,000 Gold: The Final Reset Has Already Begun
Could the United States revalue its #goldreserves to $40,000 per ounce? This once-unthinkable idea is now gaining credibility as global debt balloons, economic power shifts toward #BRICS, and the dollar’s dominance begins to erode.
I am all for it.
Everything is crossed.
Chuckle
SNG
Where were they last election when all these coup attempts, Russia Gate and harassment against Trump? Only good things besides not succeeding is it exposed just how deep inside corruption was.
SNG
That’s not counting the street drugs not just in the street but may come from them..
Oh no
Hulk Hogan left the room.
WWE legend Hulk Hogan dead at 71 | Fox News https://share.google/M6Et8ZCrV9oUbvXdO
Buygold @ 6:16….Re: 5000 deaths per week from COVID injections? IMO yes, and counting until the goal is reached.
The Georgia Guidestones main stated objective was “Maintain Humanity at 500 million population”. In 2022, one year into the COVID jabs, the Georgia Guidestones was mysteriously hit by “lightning”, IMO called the X37B laser space plane, and the same day (and/or the next) every piece of that giant structure was broken up and hauled away by excavators and dump trucks.
That IMO is when the Free Masons (who are said to have paid to have the Guidestones constructed and erected in 1980) knew the COVID jabs had accomplished their future stated goal…so immediately tore down the mammoth structure, thus removing it from mind and memory of most of humanity….. Lots more dots will be connected as time and deaths and the world population continues to decline. SNG
Buygold 10:08
Gold and silver phyzz at this point without too much interference should keep moving up into next month now with silver breaching 39 and gold breaching 3400. When the crazy premiums on the metal it might help the stocks. It seems buyers would be better off buying or staying in the stocks depending on how there doing.
The S-bag commies in Congress …
… where to start … firstly … they have the Trump/Epstein/Maxwell fiasco about to blow up in their collective face thanks to Massie … so what do they do … take a five-week holiday hoping it goes away (probably will – but hopefully not).
And there is the Obama kabuki being brought out to keep you distracted while they steal you blind and get their ducks in a row for WWIII kabuki … where you can expect a limited nuclear card to finally be played … because our satiated minds require increasingly concerning news to get your attention for more than about a minute.
But you can be sure they tank the stock market on this news … and if it’s bad enough … expect the ‘great taking’ along with a broader roll out of CBDCs worldwide … that’s your Congress at work.
And it doesn’t stop there … because due to their incompetence (it’s actually corruption because they serve their big money benefactors – not you) the story ends well for silver anyway … because demand / supply dynamics will get even better as they attempt to keep it on the down low (hoping a stupefied public does not buy any – they are having great success with this approach using crypto).
You have to thank Congress for this little gift … and because their brains don’t work properly.
Thanks guys
NEM, AEM, B
Trying to turn the HUI. Shares have been impressive this week.
Warfare opening up between Thailand and Cambodia
Cambodia has launched an attack on the Phanom Dong Rak Hospital in Thailand as clashes intensify between Cambodian and Thai forces.
https://x.com/Osint613/status/1948253443581190422
Geopolitical Powder Keg Erupts: Thai F-16s Strike Cambodian Targets In Border Clash
Dollar lost its mojo
back to flat now but rates are still up 2 bips.
Wondering if we might be able to claw out way out of this hole.
edit: shares showing strength – HUI back above 440, rates drifting lower, metals coming back?
Eyes are on the dollar, rates and the dollar are trading tick for tick.
Schectman
I’m glad he can explain things in detail. Watching the last part but up at 3 am going back to sleep, as its 3 hrs early here. The China belt and road is putting in a currency trade that is not only much faster and less expensive than Swift and redeemable by gold. There working on it around Trump waiting him out because if they try that here he will 100 percent tarriffs them. They’re working to end the dollar as the reserve currency and each country has their own reserve they can trade with each others own gold reserve currency instead of the dollar. I need to go back and listen more carefully later. Because of Chinas tendency to devalue their currency, redeeming gold in yuan by exchanging another currency would cost much less to exchange their currency into yuan to take possession buying gold for less if the currencies are not equal and gold is valued in price differently in each country without a standard comparison to then to by what? What country or standard are they going to base the price?.
Buygold they’re not even reporting half the deaths caused by the Covid jab while at the same time finding more and more adverse effects it causes. Because of no accountability they are having free rein to make more mRNA laced said vaccines beyond Covid and who knows what else.

