On a relative basis, LOL ?
Just not strong enough to actually go positive. ?
On a relative basis, LOL ?
Just not strong enough to actually go positive. ?
JUST IN: Rep. Anna Paulina Luna calls for a banning seed oils, high-fructose corn syrup, and other “highly processed additives.”
UK Govt Approves Sale Of Royal Mail To Czech Billionaire
The British government has approved the £3.6 billion (€4.34 billion) sale of International Distribution Services (IDS), the parent company of Royal Mail, to EP Group, owned by Czech billionaire Daniel Křetínský.
https://www.zerohedge.com/geopolitical/uk-govt-approves-sale-royal-mail-czech-billionaire
Course I don’t know how we can believe any numbers that come out given they’ve lied about everything. Regardless, every number is bad for pm’s so it’s just another day. For some reason every number is good for crypto.
So, another brutal Christmas for pm’s but especially for the miners. I’m not sure this time of year has been good for the sector since the early 2000’s. What a crap show.
Rate cut tomorrow should be especially brutal once Powell starts talking hawkish. It will be great for crypto though.
We’ll be lucky to hold $2500 by year end
Kobo Resources Extends Jagger Zone 150 m North with Strong Gold Intercepts: 11.0 m at 3.78 g/t Au, including 2.0 m 18.60 g/t Au and 12.0 m at 1.29 g/t Au
https://ceo.ca/@businesswire/kobo-resources-extends-jagger-zone-150-m-north-with
Sierra Metals Acknowledges Press Release from Alpayana Announcing its Intention to Commence an Unsolicited Takeover Bid
https://ceo.ca/@businesswire/sierra-metals-acknowledges-press-release-from-alpayana
Mandalay Resources Announces 2025 Outlook and Guidance for Gold and Antimony Production
https://ceo.ca/@newswire/mandalay-resources-announces-2025-outlook-and-guidance-b83db
Cartier Cuts 44.7 g/t Au over 0.5 m and 7.5 g/t Au over 4.6 m Extending to 10 km the High-Grade Gold Potential at East Cadillac
https://ceo.ca/@GlobeNewswire/cartier-cuts-447-gt-au-over-05-m-and-75-gt-au
Red Pine Prospecting Program Discovers Additional Gold Mineralization Immediately West of the Existing Mineral Resource and Acquires Strategic Mining Claim
https://ceo.ca/@GlobeNewswire/red-pine-prospecting-program-discovers-additional-gold
Summa Silver Outlines Timeline for Mineral Resource Estimates on the Hughes and Mogollon Projects, Southwest United States
https://ceo.ca/@newsfile/summa-silver-outlines-timeline-for-mineral-resource
Delta I-Zone Channel Samples Return 1.23 g/t Gold Over 40.6 metres and 2.4 g/t Gold Over 16.2 metres In a 5 metre Wide Dike at Surface at The Delta-1 Property in Thunder Bay, Ontario
https://ceo.ca/@newsfile/delta-i-zone-channel-samples-return-123-gt-gold-over
Drilling Commences at Fergusson Island Wapolu Gold Project for Feasibility and Production Planning
https://ceo.ca/@newswire/drilling-commences-at-fergusson-island-wapolu-gold
Bunker Hill Mining Intersects High-Grade Zinc-Lead-Silver Mineralization Adjacent to Existing Underground Infrastructure
https://ceo.ca/@GlobeNewswire/bunker-hill-mining-intersects-high-grade-zinc-lead-silver
Guanaceví Mill Operating at Full Capacity After Trunnion Installation
https://ceo.ca/@GlobeNewswire/guanacev-mill-operating-at-full-capacity-after-trunnion
U.S. GOLDMINING ISSUES YEAR-END LETTER TO SHAREHOLDERS
https://ceo.ca/@newswire/us-goldmining-issues-year-end-letter-to-shareholders
Mawson Finland Limited Identifies Compelling Soil Geochemical Targets for Follow-Up
https://ceo.ca/@accesswire/mawson-finland-limited-identifies-compelling-soil-geochemical
Probe Gold Provides 2024 Recap and 2025 Outlook
https://ceo.ca/@GlobeNewswire/probe-gold-provides-2024-recap-and-2025-outlook
Bonterra Intersects Near-Surface Mineralization Near Its Bachelor Mill Complex at Its 100% Owned Desmaraisville South Project
https://ceo.ca/@newsfile/bonterra-intersects-near-surface-mineralization-near
Doubleview Gold Corp Adds to Its Mineral Claims at the Hat Project
https://ceo.ca/@newsfile/doubleview-gold-corp-adds-to-its-mineral-claims-at
Aurous Resources reports 59% boost in operating profit, appoints new board members
https://ceo.ca/@GlobeNewswire/aurous-resources-reports-59-boost-in-operating-profit
Golden Cariboo Stakes 90,989 ha (224,052 acres) of Mineral Claims in the Cariboo Gold District
https://ceo.ca/@thenewswire/golden-cariboo-stakes-90989-ha-224052-acres-of
Caledonia Mining Corporation Plc: Block Listing Application and “At The Market” Sales Agreement
https://ceo.ca/@GlobeNewswire/caledonia-mining-corporation-plc-block-listing-application-50bf4
Gold Mountain Reports Its Q3 2025 Financial and Operating Results
https://ceo.ca/@accesswire/gold-mountain-reports-its-q3-2025-financial-and-operating
Fortnum Expansion Study – Starlight Updated Mineral Resource Estimate of 12.9Mt @ 2.7g/t Au for 1.13Moz(1) highlights potential 10-year project life
https://ceo.ca/@newswire/fortnum-expansion-study-starlight-updated-mineral
Lupaka Arbitration Claim Update
https://ceo.ca/@GlobeNewswire/arbitration-claim-update-ec52c
GFG Closes Sale of its Rattlesnake Hills Gold Project with Patriot Gold
https://ceo.ca/@GlobeNewswire/gfg-closes-sale-of-its-rattlesnake-hills-gold-project
Gold Terra Announces Closing of C$1,314,000 Charitable Flow-Through and Flow-Through Non-Brokered Private Placement
https://ceo.ca/@accesswire/gold-terra-announces-closing-of-c1314000-charitable
SXG Receives FIRB Approval To Acquire Land
https://ceo.ca/@accesswire/sxg-receives-firb-approval-to-acquire-land
GoldHaven Clarifies Securities Issuable to Boa Gold Corp. Shareholders
https://ceo.ca/@GlobeNewswire/goldhaven-clarifies-securities-issuable-to-boa-gold
Yorbeau Completes Sale of Rouyn Property
https://ceo.ca/@GlobeNewswire/yorbeau-completes-sale-of-rouyn-property
Collective Mining Discovers High-Grade Subzones in Apollo and Drills the Best Hole Ever, Intersecting 150.55 Metres at 6.16 g/t AuEq Within 534.40 Metres at 2.70 g/t AuEq
https://ceo.ca/@newswire/collective-mining-discovers-high-grade-subzones-in
Wallbridge Drilling at Fenelon Tabasco Zone Intersects Additional High-Grade Gold Mineralization
https://ceo.ca/@GlobeNewswire/wallbridge-drilling-at-fenelon-tabasco-zone-intersects
Besra Gold Announces Status of Mining Licence Renewal
https://ceo.ca/@newsfile/besra-gold-announces-status-of-mining-licence-renewal
Allegiant Advances Permitting on Eastside District
https://ceo.ca/@thenewswire/allegiant-advances-permitting-on-eastside-district
PPX Signs Definitive Agreement with Silver Crown Royalties
https://ceo.ca/@accesswire/ppx-signs-definitive-agreement-with-silver-crown-royalties
North Bay Resources Announces MET Results of 97% Gold Recovery with Upgrade to 11.2 Ounces per Ton Concentrate, Fran Gold Project; Completes 120 Ton Winter Ore Shipment
https://ceo.ca/@GlobeNewswire/north-bay-resources-announces-met-results-of-97-gold
GoldHaven Announces Amalgamation Agreement to Acquire BOA Gold Corp. and Provides Corporate Update
https://ceo.ca/@GlobeNewswire/goldhaven-announces-amalgamation-agreement-toacquire
Sirios intersects up to 79.7 g/t Au over 1.4 m in the two first drill holes of Fall 2024 at Cheechoo
https://ceo.ca/@GlobeNewswire/sirios-intersects-up-to-797-gt-au-over-14-m-in-the
Silver Storm Confirms 100 Metre High-Grade Depth Extension in San Marcos
https://ceo.ca/@businesswire/silver-storm-confirms-100-metre-high-grade-depth-extension
Rio2 Reports on Fenix Gold Mine Progress
https://ceo.ca/@GlobeNewswire/rio2-reports-on-fenix-gold-mine-progress
Canadian Gold Resource Expands Lac Arsenault Property Targeting High-Grade Epithermal Gold-Silver Mineralization
https://ceo.ca/@GlobeNewswire/canadian-gold-resource-expands-lac-arsenault-property
Yes, I used to laugh at ‘elders’ telling me the weather is changing as their arthritis aches. Then I became ‘one of them’. In my area of the ocean we don’t normally have the extreme frontal changes that are found on the mainland. Pressure doesn’t vary much, normally. But when it does, with an active front or hurricane pass nearby, I DO feel it. Seems to be inflammation related, and I head for the NSAID.
Said now theyre looking for a WMD. Dirty bomb.
Shooting at Christian School Madison Wisconsin. Multi injuries.
Just look at it this way. A trillion has 12 zeros behind it. If your finding one percent you can look at it fractionally
1/100 and 2000000000000 /1 cross cross to cancel 1 2 trillion dividend by 100 is simply canceling out zeros. 2 trillion divided by 100. 20 billion cancel the couple zeros.
I get that but not the gold backs, I’m learning about gold backs. This 100 percent to purchase doesnt give you fair purchasing power but loss in dollar terms. . How do they calculate their worth when the pog changes. I don’t know if I have the energy for that right now. Doesn’t recessions always follow wars too?
Yes, the math is insane … it’s so good I should have paid more attention to it. (like you said – lots of zeros) Lots of room for insane adoption growth. That’s the key concept.
But I was busy and had to go, on top of being excited about the utility and tax benefits of Goldbacks now that the premium is lower – to a point it can more easily be recovered via appreciation – but also remembering given the cost of producing the lower denomination notes, this premium will not likely go down much (if at all?) from here.
Again, this means if gold goes up 100% from here … so will the cost of Goldbacks at the source.
I don’t know what they will trade for in public use, but I will assume it would be more than spot prices. (but could be lower than the cost initially – so they can be used as currency right away, but it would undoubtedly be better to wait for appreciation.)
In a few years this consideration will probably be a moot point.
Having a few on hand is likely not a bad idea just on this basis alone.
And then there are the tax benefits.
Calculate this one … if you sell an asset … pay the tax on it … you will have some currency to pay for something.
Let’s say you reinvest the after-tax proceeds into something else and do this all over again … and again … and again … forever to pay the parasites their taxes. (let’s call this ‘compound taxation’ – the opposite of compounding returns)
Thing is, unlike bullion … which must be converted into currency on an after-tax basis … you don’t have that worry with Goldbacks … as they are ready to use as legal currency in increasing jurisdictions / purchases. (and can be retained for appreciation)
Because you are always in gold of course.
So how much tax does that save you?
Go ahead and calculate that.
I will leave that for somebody else as I must go again.
Cheers all
PS I know constitutional silver is obviously an alternative, and should be acted upon on that basis, but sometimes you might need gold. Gotta go
Sell pm’s, buy tech and accumulate dollars.
Oh wait! 🙂
This chart on the #China 10-year bond #yield is crazy!
That yield has collapsed to just over 1.7%. In late 2020, the yield was double what it is now.
It shows that China’s economic woes are far from over, and the government will do what all aging economies do: Increase government spending, allow bigger #deficits and #debt levels, and push interest rates down toward zero.
There is no way China will be able to ‘organically’ reach its 5% GDP growth target.

200 million / 2 trillion
0.0001
2 trillion * (.01%)
200 000 000
$200M would be .01% of $2 Trillion?
Dats a lot of zero’s
(1%) * 2 trillion
20 000 000 000
This may have something to do with the faulty download we had which knocked us offline a few days ago. I doubt it’s the work of an alphabet agency although stranger things have happened. It may be useful if you are writing a lengthy post to do it separately in “word” or some other program and then copy-paste it over to the Tent. Just a thought.
Cheers
ipso
Endurance Extends Reliance Mineralization Significantly at Depth and Discovers New Zone – New Lower Imperial Zone With 7.18 gpt Gold over 8.3 m Including 28.08 gpt gold over 1.7 m
https://ceo.ca/@newsfile/endurance-extends-reliance-mineralization-significantly
Tudor Gold Reviews 2024 Program, Which Shapes Future Strategy for Treaty Creek Project Located in the Golden Triangle of British Columbia
https://ceo.ca/@newsfile/tudor-gold-reviews-2024-program-which-shapes-future
Barrick Update on Mali Operations
https://ceo.ca/@GlobeNewswire/barrick-update-on-mali-operations
Skeena Gold & Silver Receives Approval for Bulk Technical Sample at Eskay Creek and Provides Update on Other Regulatory Activities
https://ceo.ca/@accesswire/skeena-gold-silver-receives-approval-for-bulk-technical
Meridian Drills Further High-Grade VMS Mineralization at Santa Helena – 58.9m @ 3.6g/t AuEq (2.8g/t Au, 0.7% Cu, 19.0g/t Ag & 1.7% Zn)
https://ceo.ca/@accesswire/meridian-drills-further-high-grade-vms-mineralization
Radisson Drills Deepest Hole at O’Brien Gold Project and First Below O’Brien’s Historic Workings, and Intersects High Grade Gold Mineralization Including 242 g/t Gold over 1 Metre
https://ceo.ca/@GlobeNewswire/radisson-drills-deepest-hole-at-obrien-gold-project
Gold Hunter Resources Validates and Extends Mineralized Trends at Great Northern, Setting the Stage for 2025 Drill Program
https://ceo.ca/@newsfile/gold-hunter-resources-validates-and-extends-mineralized
Fortuna extends Kingfisher deposit with drill intersect of 4.1 g/t Au over 15.3 meters at the Séguéla Mine, Côte d’Ivoire
https://ceo.ca/@GlobeNewswire/fortuna-extends-kingfisher-deposit-with-drill-intersect
First Nordic Commences Top-of-Bedrock Drilling Program on Nippas Target, Gold Line Belt, Sweden
https://ceo.ca/@newswire/first-nordic-commences-top-of-bedrock-drilling-program
Miata Metals Provides End-of-Year Operational Update on the Sela Creek Drill Program, Suriname
https://ceo.ca/@GlobeNewswire/miata-metals-provides-end-of-year-operational-update
Silver Crown Royalties Executes Definitive Agreement to Acquire a Third Producing Royalty
https://ceo.ca/@thenewswire/silver-crown-royalties-executes-definitive-agreement
Carlyle Acquires Miramis Mining Corp. and Nicola East Property Option, Completes Quesnel Gold Project Field Program, and Provides Corporate Update
https://ceo.ca/@newsfile/carlyle-acquires-miramis-mining-corp-and-nicola-east
Starcore Reports Q2 Results
https://ceo.ca/@newsfile/starcore-reports-q2-results-a0891
Asante Files Financial and Operating Results for the Quarter Ended October 31, 2024
https://ceo.ca/@GlobeNewswire/asante-files-financial-and-operating-results-for-the-e2d56
Cascada Announces Closing of $1.0 Million Private Placement
https://ceo.ca/@newsfile/cascada-announces-closing-of-10-million-private-placement
NexGold and Signal Gold Complete Business Combination
https://ceo.ca/@GlobeNewswire/nexgold-and-signal-gold-complete-business-combination
Falcon Gold Announces Termination of CentreLine Drilling Contract, Engagement of New Drilling Contractor for its Great Burnt Copper-Gold Project in Central Newfoundland
https://ceo.ca/@accesswire/falcon-gold-announces-termination-of-centreline-drilling
Muzhu Commences 5,000 Ton Bulk Sample at Wulonggou Gold Mine
https://ceo.ca/@thenewswire/muzhu-commences-5000-ton-bulk-sample-at-wulonggou
Novo Strengthens Portfolio With Two High-Grade Gold Projects in NSW, Australia
https://ceo.ca/@GlobeNewswire/novo-strengthens-portfolio-with-two-high-grade-gold
Further Adjournment of Meeting for Approval of Spin-Off and Reverse Takeover with Allied Critical Metals Corp.
https://ceo.ca/@thenewswire/further-adjournment-of-meeting-for-approval-of-spin-off
Osisko Development Provides Bulk Sample and Underground Development Progress Update at Cariboo Gold Project
https://ceo.ca/@GlobeNewswire/osisko-development-provides-bulk-sample-and-underground
VR Resources is Underway on Hole 4 at Empire with an 800m Step-out from Hole 2 on the Opposing Margin of the Westwood Intrusive Complex
https://ceo.ca/@GlobeNewswire/vr-resources-is-underway-on-hole-4-at-empire-with-an
and that’s about it for now.
Dollar is flat, rates down 2.4 bips, oil down 1%, Bitcoin was up 5-6% over the weekend above $104K, now giving 1% back this am
Fed meeting this week, hard to see anything positive for us there, whether they cut or not. If they don’t cut, all hell will break out in pm’s after the meeting. If they do cut, we’ll just get hit less hard. Regardless, the SM will just keep steaming ahead.
Some eco data today – PMI’s @ 0945 am. In fact, quite a bit of eco data this week, including retail sales, GDP.
Truth is, I’m having a hard time seeing anything that will be bullish for the metals after the drubbing last Thurs. & Friday. Paper is king with TSLA almost having doubled since the election, Nasdaq up something like 33% this year, I think the S & P is looking at back-to-back years of 20% gains. Bitcoin a double.
We’ve had a decent year in the metals, but why doesn’t it feel that way?
yes, of course you are right! I’ve never been much of a math wizard and am old enough to remember when a million was a big number. 🙂
igold – I tend to agree with you, the Goldback is a great idea, although I have no idea why anyone would pay a 100% premium, much less 600%. I’d think that eventually if use became widespread, premiums would probably come down in exchange for the metal. I don’t know.
Btw especially since your in a rainy area and prone to hurricanes.
I was talking my friend in Texas. She’s in the field of chemistry. She mention her brother called her once saying he’s dead, and she said he sounded dead. That’s was a mixture of empathy with humor. Change of weather and thought it’s being caused by the drop in barometric pressure in weather change. I bet she’s right, there’s got to be a study on it and there was that apparently effects CMT without arthritis to the nerves causing pain. So FWIW info I wrote her back and what I found but will look into it further. She said maybe big pharma would recognize it if they could find away and make a gazillion dollars.
I wonder why this is passed down through generations and accepted as such… Weather change. they know rain is coming.. but never mentioned in any medical classes! Maybe it’s not on the top of the list of big pharma.
When barometric pressure drops, pain can increase because the reduced air pressure allows tissues around joints, like muscles and tendons, to expand, putting pressure on sensitive joint areas and potentially irritating nerves, leading to a perception of increased pain, especially for people with pre-existing joint conditions like arthritis.
Lower air pressure means less force pushing on the body, allowing tissues around joints to expand slightly, which can irritate sensitive nerve endings.
Some theories suggest that a drop in pressure can affect the fluid within joints, making it thicker and potentially more prone to causing discomfort.
Changes in pressure can stimulate nerve endings, sending pain signals to the brain.
Yes another thing is child bearing woman I believe should start calcium and vita D for saving bones and teeth and keep them up or at least their prenatals if nursing and drawing more calcium. Also know what beverages drain it. They need at least light weight bearing exercise rest of their life and calcium and vita D. The D helps the immune system that apparently also helps fight against different cancers. If the bone cannot make the different kinds of blood cells there can be trouble including blood cancer or one of the ways to get it. So yes bones affect health. Plus porous bones are more fragile and also can cause pain as like in the back.
Those with a more sedentary life style need to compensate with weight bearing exercise and all need to help replace calcium and vita D. One doctor at work told me when something was going around and we had to close off a floor I mentioned vita D and sun with elder patients many years ago and vita D supplements during flu and RSV type outbreaks. He didn’t think that sun alone was sufficient for seniors because he felt that they we no longer absorbing and manufacturing enough vita D or getting enough sun. He believed in supplements and would check their levels. One of the rarer doctors at the time and he was from India but still not the same as others from there. More like DYODD. More are now. They should as even kids aren’t getting enough sun, their on computers and games.
My daughter is in a bad way right now since the accident but luckily is on the right medicine now with cultures but they had to remove a couple of screws in leg plates because pus was coming out. Osteomyelitis: She was at risk for osteomyelitis with open fractures and hardware. I still haven’t found out if they put antibiotics along the bone during hardware placement and if it’s titanium or stainless steel and they can’t take the hardware out yet. So external fixation not a option. Stainless steel is more prone to infection than titanium. They should of been watching that closer. Now one of her medicines your not supposed to take dairy products. Don’t that figure. This has been some wild ride and not over yet.