This is a nice surprise
at least in how the shares are acting. All it took was the SM popping positive and the dollar coming down a little bit.
GDX did break above the downtrend line on maddog’s long term chart BTW. Can it say goodbye for good?
Over Five Years, Both Rates and Gold are Both Higher
Gold Higher: https://finviz.com/futures_charts.ashx?t=METALS&p=m
Rates Higher: https://finviz.com/futures_charts.ashx?t=BONDS&p=mThe Deep Sta
Even with a higher rates headwind, Gold is $2,670 per ounce from $1500/oz. today. If they did not raise the rates, gold would probably be $3500 today.
Goldie – we’re having the real test right now
Can pm’s and shares perform when the SM craters?
So far, it’s an epic fail. Silver tanked immediately with the market and went back below $30, gold tanked too, trying to hold $2650 – but it won’t. The HUI is still up a paltry 3 points, but that will fail too.
We’re not there yet. Probably not even close. The algo’s are set to prevent pm’s from doing anything outside the other markets.
and ya wonder why I’m nuts… 🙂
at least Bitcoin is down another $3200, eff them.
Hey Goldie
Yeah, I’d like to see a solid 6 months of outperformance. Then maybe we can claim a new bull market for the sector.
As for Trump, they’ll blame him for everything under the sun. The media has learned nothing. They’ve put out 2 fake stories in 2 days. He just needs to ban their reporters from the White House and forbid his cabinet from doing interviews. Lock them out until they stop with the fake news.
The view finally went silent.
… 1500 pages, that’s longer than many novel,s, maybe not as long as the growing list of genders that you people keep coming up with lol 40 % pay raise for politicians, 50 million for tuition for Egypt …
Buygold
Looks like you got your wish, gold up everything down. Trump is being blamed over tariff worries. They should of been more worried about the amount of theft of our tax dollars. I don’t know if they should worry too much as foreign companies wanting to bring their money here eliminating all the middle men and money changing hands behind closed doors and make them wait years with likely kickbacks expected from certain politicians first and we never see that money now out of the way. That seemed to work with big pharma.
Wow – shares really outperforming
That never happens.
Wonder if that puts the GDX back above that downtrend line on maddog’s chart.
Deer79 – thank you
Just curious, I don’t own it. You’re right, there’s always something and even if it’s nothing they still beat the crap out of these shares.
All that being said, as much as I’d love to bitch, our sector is outperforming again for the second day in a row and literally everything is going against us. It’s not moving up as fast as I’d like to see but still moving up with a couple of exceptions.
Plus, Bitcoin is down $2K, that always warms my heart. 🙂
Maddog @ 15:51
Trump is not crazy. He works for the international banking families. They will get rid of him if he does not do their bidding. They want all wealth. They need natural resources to feed their machine. This is the current project to that end. This is why they want Canada and Russia too. The great taking and all.
Buygold re. EXK
The COO came out a few hours ago, and announced a “revised” timing update regarding the delivery of structural steel for its Mexico Terronera project…..
Always something with the miners…..
AG & EXK weak
EXK in particular.
AG put out some production numbers, so regardless of what they were they were going to get hit.
I haven’t seen anything on EXK yet that would cause them to get hit for 7% though.
Garbage in, garbage out. They’re all the same.
Looks like they might dump the QQQ’s after pumping them at the open.
Trying to move
Surprisingly strong in the metals considering the dollar and rates. Unfortunately, shares not really confirming. Hopefully that changes.
It seems to take a lot of energy to push the shares up and even more to keep them up.
deer79 @ 9:15
Yes I agree. I don’t think the elites could do this without serious civil strife. The situation would have to be horrendous for them to even try it. Once they impoverish enough people …
Trump
Trump has more immediate items on his plate rather than going far afield with ideas about absorbing Canada and Greenland into the USA. JMO
Keep your eyes on the main chance Donald.
Ipso
….in that scenario, that you allude to, there would certainly be widespread civil unrest……
Food for thought for sure.
Your banking and brokerage accounts could all disappear
How To Survive “The Great Taking” In 2025
Here’s the synopsis (emphasis mine):
It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle.
This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass.
Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property.
Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt.
https://www.zerohedge.com/geopolitical/how-survive-great-taking-2025
PALISADES PROVIDES UPDATE ON ARRANGEMENT WITH RADIO FUELS
https://ceo.ca/@newswire/palisades-provides-update-on-arrangement-with-radio
GoGold Reports 36% Increase in Production at Parral to 551,337 Silver Equivalent Ounces and Provides Outlook for 2025
https://ceo.ca/@newswire/gogold-reports-36-increase-in-production-at-parral
LAURION Announces High-Grade Gold Intercepts of 5.25 m grading 7.29 g/t Au, including 0.50 m grading 68.50 g/t Au, and 1.95 m grading 2.370 g/t Au, including 0.95 m @ 4.50 g/t Au in the 2024 Fall Drill Campaign at Ishkoday Project
https://ceo.ca/@thenewswire/laurion-announces-high-grade-gold-intercepts-of-525
SOMA GOLD ANNOUNCES 2024 GOLD PRODUCTION OF 27,460 AuEq OUNCES
https://ceo.ca/@newswire/soma-gold-announces-2024-gold-production-of-27460
Canagold Identifies Significant Antimony Production Potential at New Polaris
https://ceo.ca/@businesswire/canagold-identifies-significant-antimony-production
Western Exploration Reports Extension of High-grade Mineralization at Gravel Creek
https://ceo.ca/@businesswire/western-exploration-reports-extension-of-high-grade
C3 Metals Further Expands Khaleesi Copper-Gold Mineralization in Peru Latest Rock Samples Return up to 1.80% Copper, 4.4 g/t Gold, and 403 ppm Molybdenum
https://ceo.ca/@newsfile/c3-metals-further-expands-khaleesi-copper-gold-mineralization
ATEX Reflects on a Transformative Year and Provides 2025 Outlook with Fifth Diamond Drill Rig Mobilized to Valeriano Project
https://ceo.ca/@newsfile/atex-reflects-on-a-transformative-year-and-provides
EMX Executes Agreement to Sell Four Projects in Western USA to Pacific Ridge Exploration
https://ceo.ca/@newsfile/emx-executes-agreement-to-sell-four-projects-in-western
First Majestic Produces 5.7 Million AgEq Oz in Q4 2024 Consisting of 2.4 Million Silver Ounces and 39,506 Gold Ounces, and 21.7 Million AgEq Oz in 2024
https://ceo.ca/@newsfile/first-majestic-produces-57-million-ageq-oz-in-q4-2024
Denarius Metals Announces Approval of Environmental Impact Study for Its Zancudo Project in Colombia; Preparing to Commence Mining Operations; Announces Management Update
https://ceo.ca/@newsfile/denarius-metals-announces-approval-of-environmental
TDG Gold Updates Mineral Resource Estimate for Shasta & Tailings, Toodoggone
https://ceo.ca/@accesswire/tdg-gold-updates-mineral-resource-estimate-for-shasta
NEVADA KING PROVIDES UPDATE ON ITS PHASE III REGIONAL DRILL PROGRAM AT ATLANTA
https://ceo.ca/@newswire/nevada-king-provides-update-on-its-phase-iii-regional
K92 Mining Announces Q4 Production Results – Record Quarterly Production Of 53,401 oz AuEq, Record Annual Production Significantly Exceeding Production Guidance
https://ceo.ca/@GlobeNewswire/k92-mining-announces-q4-production-results-record
Nova Minerals Extinguishes Nebari Debt to Unlock Antimony and Gold Potential
https://ceo.ca/@GlobeNewswire/nova-minerals-extinguishes-nebari-debt-to-unlock-antimony
G Mining Ventures Celebrates 2024 Achievements and Gold Production of 63,566 Ounces
https://ceo.ca/@newswire/g-mining-ventures-celebrates-2024-achievements-and
Calibre Delivers Record Q4 Gold Production of 76,269 Ounces; 2025 Gold Production Expected to Significantly Increase as Valentine Gold Mine, Canada Remains on Track for First Gold During Q2, 2025
https://ceo.ca/@GlobeNewswire/calibre-delivers-record-q4-gold-production-of-76269
Orosur Mining Inc Announces Block Listing Application
https://ceo.ca/@accesswire/orosur-mining-inc-announces-block-listing-application-55cef
Guardian Metal Resources PLC Announces Garfield – High-Grade Antimony-Gold Assay
https://ceo.ca/@accesswire/guardian-metal-resources-plc-announces-garfield-high-grade
Emperor Metals Proposes to Acquire Lac Pelletier Property, Quebec
https://ceo.ca/@newsfile/emperor-metals-proposes-to-acquire-lac-pelletier-property
Maritime Announces Sale of Lac Pelletier Project to Emperor Metals
https://ceo.ca/@newsfile/maritime-announces-sale-of-lac-pelletier-project-to
Jaguar Mining Receives Fine Related to the Previously Announced Incident at the Satinoco Dry-Stacked Pile
https://ceo.ca/@accesswire/jaguar-mining-receives-fine-related-to-the-previously
Equinox Gold Extends Fazenda Mine Life by Seven Years with Updated Mineral Reserve and Mineral Resource Estimate
https://ceo.ca/@newsfile/equinox-gold-extends-fazenda-mine-life-by-seven-years
Orezone Reports Robust Q4-2024 Gold Production of 36,502 Ounces, With the Full Year Exceeding the Mid-Point of 2024 Guidance
https://ceo.ca/@GlobeNewswire/orezone-reports-robust-q4-2024-gold-production-of-36502
Sandstorm Gold Royalties Announces 2024 Sales and Revenue; Financial Results to be Released February 18
https://ceo.ca/@newswire/sandstorm-gold-royalties-announces-2024-sales-and-revenue
West Red Lake Gold Announces Positive Pre-Feasibility Study Results for Madsen Gold Mine with $315M After-Tax NPV and $70M Average Annual Free Cash Flow
https://ceo.ca/@GlobeNewswire/west-red-lake-gold-announces-positive-pre-feasibility
Black Mammoth Metals Acquires Coleman Canyon Gold Property in Nevada
https://ceo.ca/@newswire/black-mammoth-metals-acquires-coleman-canyon-gold-property
Pacific Bay Minerals Ltd Signs Letter of Intent to Acquire 14,596 Hectare Gold Property in Alagoas State, Brazil
https://ceo.ca/@newsfile/pacific-bay-minerals-ltd-signs-letter-of-intent-to
Kapa Gold Advances Baseline Studies and Surface Exploration at Blackhawk Project
https://ceo.ca/@newsfile/kapa-gold-advances-baseline-studies-and-surface-exploration
Nord Precious Metals Identifies a Second Tailings Reprocessing Opportunity at Castle Silver Mine
https://ceo.ca/@thenewswire/nord-precious-metals-identifies-a-second-tailings-reprocessing
Globex Reports More High-Grade Gold Assays from Ironwood
https://ceo.ca/@GlobeNewswire/globex-reports-more-high-grade-gold-assays-from-ironwood
Sitka Drills 85.0 Metres of 1.12 Grams per Tonne Gold and Reviews 2024 Highlights at the RC Gold Project in Yukon
https://ceo.ca/@newsfile/sitka-drills-850-metres-of-112-grams-per-tonne-gold
Aftermath Silver Makes Early US$2.9-million Property Payment to EMX Royalty Corp for Berenguela Project Ag-Cu-Mn, Peru
https://ceo.ca/@newsfile/aftermath-silver-makes-early-us29-million-property
Leocor Gold Receives Drill Permits for Upcoming Winter Campaign at Newfoundland Gold Projects
https://ceo.ca/@thenewswire/leocor-gold-receives-drill-permits-for-upcoming-winter
Dolly Varden Silver’s 120 Meter Step-Out at the Wolf Vein Intersects 379 g/t Silver over 21.69 Meters, Including: 1,804 g/t Silver over 1.67 Meters
https://ceo.ca/@newsfile/dolly-varden-silvers-120-meter-step-out-at-the-wolf
Ridgeline Minerals Stakes High-Grade, Carlin-Type Gold Project in Nevada
https://ceo.ca/@newsfile/ridgeline-minerals-stakes-high-grade-carlin-type-gold
Silvercorp Reports on El Domo Project Development Progress and Awarding the First Construction Contract
https://ceo.ca/@newswire/silvercorp-reports-on-el-domo-project-development-progress
Rockridge Announces Results From its Annual General and Special Meetings of Shareholders to Approve Business Combination with Eros Resources and MAS Gold
https://ceo.ca/@GlobeNewswire/rockridge-announces-results-from-its-annual-general
Osisko Announces Preliminary Q4 2024 Geo Deliveries with Record Annual Cash Margin
https://ceo.ca/@GlobeNewswire/osisko-announces-preliminary-q4-2024-geo-deliveries
Cerro de Pasco Resources Announces New Results from Quiulacocha Silver-Zinc-Lead Zone, Revealing Significant Increase in Gallium Levels
https://ceo.ca/@GlobeNewswire/cerro-de-pasco-resources-announces-new-results-from
Thunder Gold Identifies New Gold Zone at Surface: Includes 1.93 g/t Au over 54.2 Metres; 2.03 g/t Au over 15.0 Metres and 3.64 g/t Au over 10.5 Metres
https://ceo.ca/@newsfile/thunder-gold-identifies-new-gold-zone-at-surface-includes
Scottie Resources Intercepts 20.2 g/t Gold over 2.60m at Scottie Gold Mine O Zone
https://ceo.ca/@newsfile/scottie-resources-intercepts-202-gt-gold-over-260m
EMX Purchases Royalty Interest Over Hayasa’s Urasar Project in Armenia
https://ceo.ca/@newsfile/emx-purchases-royalty-interest-over-hayasas-urasar
VR Resources Outlines Targets for Upcoming Drilling at Silverback Copper-Gold Project in Ontario
https://ceo.ca/@GlobeNewswire/vr-resources-outlines-targets-for-upcoming-drilling
UK…sterling being hit and UK Gilts falling apart
Seems the mkts are finding out just how bad the UK Government is…..
Tks for the comments on Greenland
I guess that is his form of diplomacy !!!!
Dollar screaming higher, 10 yr. above 4.71%
There’s no stopping the dollar train or the mass exodus out of bonds.
It’s taking a toll on the SM futures this am that were up nicely but now sinking quickly.
Oil up again. PM’s somehow flat and stuck at $2650. Bitcoin down another $1650
I imagine all the Wall Street bulls are praying for Captain Hook’s “soft” numbers on the Friday jobs report.
I consider us very lucky to be flat. If we can just hold up for a few days while everything else tanks, maybe some real money might come into the sector. Always dreaming.
Greenland.
Trump doesn’t want China and Russia snooping around and gaining influence. He’s mentioned them by name. There will not be another Cuba. Just as Russia won’t accept Nato on their doorstep (and Trump has acknowledged that he understands Russia’s their feelings about that), nor will Trump let Russia and China on his doorstep. I think these are just shots fired across the bow to make it clear his position is “KEEP OUT”. In the meantime he’s already started influencing Greenlanders himself.

