Posted by redneckokie1
@ 12:30 on July 1, 2016
the weekly continuation chart has a reverse point wave on the bottom contained in a head and shoulder formation. Expanding a little, a cup and handle bottom contained in a larger h&s bottom. The only bearish sign is the relative strength index is rising into an overbought condition. Silver has a long history of ignoring overbought conditions.
the shorts are really getting burned here so expect a sharp correction after the weak shorts are assassinated . Some very much major resistance has been shattered so this rally may go much further than expected.
rno
Posted by Ororeef
@ 12:19 on July 1, 2016
I SAY “What difference does it MAKE ?” haha
Posted by ipso facto
@ 11:57 on July 1, 2016
Posted by Auandag
@ 11:32 on July 1, 2016
Posted by treefrog
@ 10:56 on July 1, 2016
Posted by ipso facto
@ 10:55 on July 1, 2016
Posted by Farmboy
@ 10:47 on July 1, 2016
Go ahead and tap the party size keg, or at least open a six pack. 🙂
This rally keeps going you wont be needing no job !
Posted by ipso facto
@ 10:37 on July 1, 2016
LOL That looks like a can full of Whoop Ass! 
Posted by ipso facto
@ 10:36 on July 1, 2016
By Jay Syrmopoulos
A remarkable incident is being largely ignored by corporate mainstream media – as it doesn’t fit their “guns are bad” narrative. A man with a concealed carry license stopped a mass shooting in progress outside a South Carolina nightclub in the early morning hours on Sunday after an assailant opened fire in a crowed of people, striking and injuring three people.
Jody Ray Thompson, 32, faces multiple attempted murder charges stemming from the incident, according to Spartanburg County deputies. None of the victims’ injuries were life-threatening, according to police.
“His rounds struck 3 victims, and almost struck a fourth victim, who in self-defense, pulled his own weapon and fired, striking Thompson in the leg,” Lt. Kevin Bobo said.
cont. http://www.activistpost.com/2016/06/concealed-carrier-stops-mass-shooting-in-south-carolina.html
Posted by Farmboy
@ 10:31 on July 1, 2016
Posted by Maya
@ 10:27 on July 1, 2016
Gone and opened up a can of…

Posted by Maya
@ 10:21 on July 1, 2016

This train has a full head of steam, too!
Milwaukee 261 steaming the northwoods of Superior
http://www.railpictures.net/photo/581177/
Posted by ipso facto
@ 10:17 on July 1, 2016
VANCOUVER – A Canadian court has overturned the approval of Enbridge’s Northern Gateway oil pipeline, adding another steep obstacle to a project fiercely opposed by environmentalists and many aboriginal groups. The Federal Court of Appeal ruled in a two-to-one decision released on Thursday that the government had failed in its duty to consult with aboriginal groups on the project and sent the matter back to Prime Minister Justin Trudeau’s cabinet for a “prompt redetermination”.
cont. http://www.miningweekly.com/article/canada-court-overturns-federal-approval-of-enbridge-oil-pipeline-2016-06-30
Posted by molyminer
@ 10:16 on July 1, 2016
have you looked at oremex this morning any news.
Posted by ipso facto
@ 10:08 on July 1, 2016
… thinking they’ll pick up a few percent on temporary weakness and sold their positions.
It’s a Bull Market in the metals for Heaven’s sake!
Posted by ipso facto
@ 9:57 on July 1, 2016
HONG KONG – The threat of Venezuela defaulting on Chinese debt is putting pressure on Beijing to reassess how easily it doles out money to commodity-dependent nations, especially those in Africa. As low oil prices ravage Venezuela’s economy and embattled leader Nicolas Maduro seeks better terms on Chinese loans, China is paying greater attention to things like fiscal stability and political risk in overseas lending. Increasing such scrutiny could complicate President Xi Jinping’s pledge to spread $60-billion in aid across Africa over the next three years, much of it preferential loans and state-backed investments in countries heavily reliant on resource exports and prone to instability.
“What we learned from the Venezuelan case is that China should be more cautious and sophisticated about its overseas lending and investment,” said Xue Li, director of international strategy at the state-run Chinese Academy of Social Sciences’s Institute of World Economics and Politics. “Compared to Latin America, Africa holds greater strategic significance for China and there’d be more at stake if things go wrong.” More than $86-billion of loans sent to sub-Saharan Africa between 2000 and 2014 helped China build enormous diplomatic clout and secure raw materials to fuel its economic boom. The Venezuelan collapse has underscored the dangers to that financing model, even as Xi pushes to accelerate Chinese investment around the globe.
cont. http://www.miningweekly.com/article/venezuela-mess-prods-china-to-reassess-africa-lending-spree-2016-06-30
Posted by ipso facto
@ 9:43 on July 1, 2016
Posted by ipso facto
@ 9:28 on July 1, 2016
Posted by Farmboy
@ 9:27 on July 1, 2016
CME Group Hikes Comex Gold Margins Again, Cuts Palladium Margins
By Kitco News
Friday July 01, 2016 07:40
(Kitco News) – CME Group is hiking margins for Comex gold futures for the second time in a week, while the margin for Nymex palladium futures will decline, the exchange operator announced late Thursday.
As of the close of business on Friday, the margin for new speculative positions in the main Comex 100-ounce gold contact will rise to $6,600 from $6,050. As of a week ago, before an increase that went into effect on Monday, this margin had stood at $4,950.
The maintenance margin for existing speculative, plus all hedge positions, will rise to $6,000 from $5,500. As of a week ago, this stood at $4,500.
Meanwhile, for Nymex palladium futures, the margin for new speculative positions will decline to $3,850 from $4,620. The maintenance margin for existing speculative positions, plus all hedge positions, will fall to $3,500 from $4,200.
Posted by ipso facto
@ 9:17 on July 1, 2016
This is i*! 
Posted by ipso facto
@ 9:14 on July 1, 2016
Evolving Gold Closes Acquisition of Lithium Lakes Project Near Nemaska Lithium’s Whabouchi Deposit
http://finance.yahoo.com/news/evolving-gold-closes-acquisition-lithium-163756045.html
Philippine mining set for bumpy ride under Duterte administration
http://finance.yahoo.com/news/philippine-mining-set-bumpy-ride-230001231.html
Lupaka Gold Executes Definitive Agreement to Finance Invicta Mine Development and Mining Operations
http://finance.yahoo.com/news/lupaka-gold-executes-definitive-agreement-011149020.html
Posted by Buygold
@ 9:00 on July 1, 2016
Me too.
It’s been a long 5 years but hopefully we’re just getting started.
Posted by eeos
@ 8:46 on July 1, 2016
Than I have in a few years. I think the chickens have finally come home to roost. I just love the idea of how many people are sitting on the sidelines or shorting right now. Time to draw blood, this isn’t going to hurt. Soee and Eagle_Eye are all hanging out for the week. We really haven’t even discussed the markets yet, but it sure does feel good
Posted by eeos
@ 8:04 on July 1, 2016
I bet you and your bro are very interesting. Your brother reminds me of a mythological character such as Gandalf from The Hobbit. Cheers.
Posted by Buygold
@ 8:03 on July 1, 2016
Shares seem to be saying we’re going to start a new leg up.
Silver shorts are burning…