Bitcoin getting smashed down over 5%
Worse than pm’s
So there’s that.?
The good thing
is that rates and the dollar are falling, oil too. Maybe some deflationary winds will start to blow, all of which will ultimately be good for pm’s. In the meantime we have to weather the nasty storm.
The real pm market finally arrived
This is how we always act when the SM corrects, at least in the beginning. The biggest problem is that the shares never really got going with the metals. They’ve traded like gold was $2300 and silver under $30. Makes it hard to know when this becomes a good buying opportunity. The other thing is that the SM has barely corrected, so how far do the shares drop? HUI 200?
Same as it always is. Money pit.
Maddog
“It might be worse than being long PM shares. !!!!!!!!”
It’s a close call!
ipso facto
Re those battery farms….one of those next door will do wonders for yr property values !!!!!!
It might be worse than being long PM shares. !!!!!!!!
Another kamikaze “hissy fit”
Par for the course…..
Tug of war
between the buyers and relentless sellers…..
I don’t think the future is lithium batteries
The Pesky Moss Landing Lithium Ion Battery Storage Facility That Just Won’t Stop Burning
ALLIED GOLD ANNOUNCES STRATEGIC PARTNERSHIP WITH UAE-BASED AMBROSIA INVESTMENT HOLDING AND RELATED TRANSACTIONS
https://ceo.ca/@newswire/allied-gold-announces-strategic-partnership-with-uae-based
Southern Cross Gold Extends High-Grade Gold-Antimony Mineralization 200 Metres to West at Christina, Sunday Creek
https://ceo.ca/@accesswire/southern-cross-gold-extends-high-grade-gold-antimony
Compass Gold on Track to Commence Production at Massala Within the Next 60 Days
https://ceo.ca/@newsfile/compass-gold-on-track-to-commence-production-at-massala
RUA GOLD Reports Significant Gold-Antimony Intercepts from Its Reefton Project
https://ceo.ca/@newsfile/rua-gold-reports-significant-gold-antimony-intercepts
Rackla Metals Outlines 2025 Exploration Plans for the Grad Property in Northwest Territories
https://ceo.ca/@thenewswire/rackla-metals-outlines-2025-exploration-plans-for-the
Wolfden Provides Positive Update on Nevada Gold Property
https://ceo.ca/@accesswire/wolfden-provides-positive-update-on-nevada-gold-property
Orla Mining Intersects High Grade Oxide Gold at South Carlin Complex and Advances Permitting for South Railroad Project in Nevada
https://ceo.ca/@newswire/orla-mining-intersects-high-grade-oxide-gold-at-south
Doubleview Gold Corp Announces Significant High-Grade Copper and Gold Intercepts at Hat Polymetallic Deposit
https://ceo.ca/@newsfile/doubleview-gold-corp-announces-significant-high-grade
Arizona Gold & Silver Receives Further Drill Results From Surface: to (142.5 feet) – 43.45m at 1.56 gpt gold and From Surface: to (113.0 feet) – 34.45m at 1.32 gpt gold
https://ceo.ca/@thenewswire/arizona-gold-silver-receives-further-drill-results
Golden Cariboo intersects 0.99 g/t gold and 9.8 g/t Ag over 237 m (777 ft) including 1.45 g/t gold over 137 m (450 ft) within a broader zone of 0.71 g/t gold over 342 m (1122 ft), extending Halo zone
https://ceo.ca/@thenewswire/golden-cariboo-intersects-099-gt-gold-and-98-gt
Tocvan Discovers New High-Grade Gold in First Drilling on 100% Controlled Expansion Area. RC Drilling Returns 19.4 g/t Au over 3.1 meters within 106.8 meters of 0.6 g/t Au from Surface
https://ceo.ca/@accesswire/tocvan-discovers-new-high-grade-gold-in-first-drilling
McFarlane Lake Announces Private Placement Offering of up to $1 Million
https://ceo.ca/@newsfile/mcfarlane-lake-announces-private-placement-offering
Rugby Resources Ltd. Announces $2,500,000 Non-brokered Private Placement
https://ceo.ca/@GlobeNewswire/rugby-resources-ltd-announces-2500000-non-brokered
OROCO ANNOUNCES UPSIZING OF PRIVATE PLACEMENT
https://ceo.ca/@GlobeNewswire/oroco-announces-upsizing-of-private-placement
BLACK CAT ACQUIRES LAKEWOOD MILL FOR $85M
https://ceo.ca/@newswire/black-cat-acquires-lakewood-mill-for-85m
Bullion Gold Grants Option on Its Bousquet Project to Olympio Metals
https://ceo.ca/@newsfile/bullion-gold-grants-option-on-its-bousquet-project
Baru Gold Corp Announces Revocation of MCTO
https://ceo.ca/@thenewswire/baru-gold-corp-announces-revocation-of-mcto
Capitan Silver Announces Closing of C$5.3 Million Private Placement
https://ceo.ca/@newsfile/capitan-silver-announces-closing-of-c53-million-private
Pinnacle Signs Definitive Agreement For Option To Acquire High-Grade Gold-Silver Project In Mexico
https://ceo.ca/@thenewswire/pinnacle-signs-definitive-agreement-for-option-to-acquire
Omineca Announces Operational Re-Start of the Underground Placer Gold Recovery Program at Wingdam
https://ceo.ca/@newswire/omineca-announces-operational-re-start-of-the-underground
GSP Targets New High-Grade Gold Discovery Leveraging Existing Copper Resources at Alwin Mine Property
https://ceo.ca/@thenewswire/gsp-targets-new-high-grade-gold-discovery-leveraging
Collective Mining Drills Best Intersection to Date at Apollo Returning 106.35 Metres at 9.05 g/t AuEq Within 497.35 Metres at 3.01 g/t AuEq
https://ceo.ca/@newswire/collective-mining-drills-best-intersection-to-date
Carmanah Acquires Heritage Gold-Silver Project, Unlocking a Largely Overlooked District in Newfoundland
https://ceo.ca/@newsfile/carmanah-acquires-heritage-gold-silver-project-unlocking
Nord Precious Metals Prepares 3D Geological and Structural Model for Follow-Up Drill Program
https://ceo.ca/@thenewswire/nord-precious-metals-prepares-3d-geological-and-structural
Baru Gold Corp Announces US$35,000,000 Letter of Intent for Investment
https://ceo.ca/@thenewswire/baru-gold-corp-announces-us35000000-letter-of-intent
Majestic Completes on Acquisition of Shares in Target Company
https://ceo.ca/@thenewswire/majestic-completes-on-acquisition-of-shares-in-target
Northstar Drills +500 Metre Conductive Stratiform Sulphide-Gold Horizon at Miller Copper-Gold Property
https://ceo.ca/@newsfile/northstar-drills-500-metre-conductive-stratiform-sulphide-gold
Abcourt intersects 171.5 g/t Over 0.5 Metre in the Upper Levels of the Sleeping Giant Mine
https://ceo.ca/@GlobeNewswire/abcourt-intersects-1715-gt-over-05-metre-in-the
Aya Gold & Silver Announces Significant Increase in Boumadine Mineral Resource Estimate
https://ceo.ca/@GlobeNewswire/aya-gold-silver-announces-significant-increase-in
Sandstorm Gold Royalties Portfolio Updates; Platreef Expansion Studies, FDN Resource Growth, Argentine Project Advancements
https://ceo.ca/@newswire/sandstorm-gold-royalties-portfolio-updates-platreef
Riverside Resources Receives Conditional TSX-V Approval for Spin-Out of Ontario Gold Projects and Engages ICP Securities Inc. for Automated Market Making Services
https://ceo.ca/@newsfile/riverside-resources-receives-conditional-tsx-v-approval
KO Gold Provides a Further Update on its Drilling Plans for its Exploration Permits in the Otago Gold District of New Zealand
https://ceo.ca/@newsfile/ko-gold-provides-a-further-update-on-its-drilling-plans
Juggernaut Announces Share Consolidation
https://ceo.ca/@thenewswire/juggernaut-announces-share-consolidation
Silver47 Announces Upsize of its Non-Brokered Private Placement to $8 Million
https://ceo.ca/@newsfile/silver47-announces-upsize-of-its-non-brokered-private
Western Exploration Expands Exploration Footprint at Gravel Creek with 3.0 km Untested Structural Corridor at the Past Producing Wood Gulch Mine
https://ceo.ca/@newsfile/western-exploration-expands-exploration-footprint-at
Founders Metals Closes C$2.6M Financing with B2Gold
https://ceo.ca/@newsfile/founders-metals-closes-c26m-financing-with-b2gold
Gold Reserve Announces Portugal Court Enters Judgment Against Venezuela Confirming Arbitration Award Valued in Excess of $1.1 Billion
https://ceo.ca/@businesswire/gold-reserve-announces-portugal-court-enters-judgment
AbraSilver Announces Graduation To The Toronto Stock Exchange
https://ceo.ca/@thenewswire/abrasilver-announces-graduation-to-the-toronto-stock
Condor Provides Corporate Update and Outlook for 2025
https://ceo.ca/@accesswire/condor-provides-corporate-update-and-outlook-for-2025
Sidney Resources Corporation Announces Strategic Acquisition of Unity GoldSilver Mines Inc., Assets
https://ceo.ca/@accesswire/sidney-resources-corporation-announces-strategic-acquisition-0f8d6
Oh Boy…this will go over like a cup of cold sick…..Looks like the Globalists are making their next stand in the EU…..expect major Trade wars….
Millions of Voters Betrayed by Merz’s 24-Hour Migration U-Turn
https://www.infowars.com/posts/millions-of-voters-betrayed-by-merzs-24-hour-migration-u-turn
Buygold
I like the way, the sell off did not become a cascade in PM’s….seems there is a buyer up here….which considering where we are should really scare shorts .
Ugliness set to continue
SM turned south around 4 am EST. Not in a huge way, but the fault lines are evident. The only thing I can see that’s up are bonds, the 10 yr. down to 4.34%. Scott Bessent, the treasury secretary, commented on the Sunday show with Maria Bartiromo that rates have fallen 5 consecutive weeks. Doesn’t seem that way, but they are down from above 4.6%. Might be the only reason that pm’s haven’t collapsed.
Bitcoin taking it on the chin, down $2200 below $90K. Oil flat, pm’s down a little $15 & $.15 respectively. Dollar is a little stronger, but not much.
The shares in everything don’t look good, pm shares included. Not crazy yet, but they’ve got the feel that it’s going to get worse.
A long way to go before the open, so maybe this is nothing.
ferrett @ 0:59 – Why didn’t they build the power plant next to the mine?
I don’t know for sure, but do notice that the train crosses the state line. I suspect local state laws prohibited the power plant where they happened to find the coal. I do find it kind of neat that the power plant powers it’s own train system to obtain the coal.
Ipso
Ron Paul, video about 3 days ago. Still dedicated and inspirational. The hostess ask him if he thought all the gold was still there. He said no, lol then what I mentioned he said and more.
goldielocks
Too bad all the other politicians aren’t as honest as Ron Paul! Would have made a great President. IMO
Maddog, Captain
Maddog – Trump also said it could be that tons of gold has been stolen from Ft. Knox. I think it might have been tongue in cheek, but something we wonder as well.
Captain – was looking at 320 as well and hoping it would hold. So far, so good. The SM and the metals are always the risk I guess. The QQQ’s didn’t finish well but at least didn’t drag us back below 320. Tough call.
Just noticed Bitcoin, hit for $4K today. Seems it can be stolen after all.
Ipso 12:52
Ron Paul is almost 90 years young now. I’m glad he’s living to see this day.
Ipso 15:37
Maybe they are afraid they’ll lose their socialist benefits and maybe cheap labor including using our military. When’s the last time we saw German troops in the mid east fighting ISIS bothering them more than us because they let them in.
Buygold @ 13:40
I don’t think it would take real long under true Communism before the citizens of Europe realize how messed up it is!
It’s sad to see the drift in that direction. Just more chaos coming, Klaus’s dream. (nightmare)
Some technicals …
The Venture Index might be back testing the breakout last week.
$CDNX | SharpCharts | StockCharts.com
And the PM indexes might be almost finished a – b – c corrections.
$HUI | SharpCharts | StockCharts.com
The HUI just tested the break above 320 last week.
Picture perfect for dip buy assuming a larger degree correction does not take hold.
Cheers all

