Loading ...Definitely not the old days when you could throw a dart at miner and make money. The silver shares look so inviting, but the silver price is so unstable. They just sort of drift up and down going nowhere.
We’re definitely closing out April better than we did March. Hopefully we get May off to a good start. There’s nothing going against us other than maybe the SM.
Shares such a mixed bag
Ipso
The problem is housing prices are already too high. When even Florida according to what Pinto is seeing watching housing prices falling and everyday he sees the houses cutting prices it’s freezing up. Less they can buy cash they don’t want to let go of their lower interest rates that’s true but that only helps sellers with equity who want to move pretty much.
The Fed though will only do what’s good for the Fed and the banks. Either way wages can’t support inflation or deflation and higher rates.
Powell doesn’t want to be the guy who puts us into another depression
Wall Street Mav
@WallStreetMav
·
23h
One-third of Americans’ net worth is in their house — 52 trillion.
That means every 1% drop in house prices knocks $520 billion out of Americans’ net worth. Jerome Powell needs to get off his rear and cut interest rates.
Quote
Peter St Onge, Ph.D.
@profstonge
·
Apr 29
Home sales drop to a 16 year low — the worst since the 2008 housing crisis.
Will house prices crash?
Buygold
“What if treasury were to make them irrelevant?”
Not happening anytime soon I think but that’s great that Doge is impacting our borrowing already!
A run of bad luck? cough cough …. not confirmed
After Large Explosion at Port of Bandar Abbas, Iran now seeing fires/explosions at multiple other sites
The rush for physical gold and silver remains hot
Bulls should like this report.
The rush for physical gold and silver remains hot
Support this guy.
Mornin all
Probably a decent day
if NEM turns higher, although the SM coming back can’t be hurting us.
Ipso
I’m wondering if the bond market is beginning to do that for them or anticipating the cut. Rates have come off .35 bips in the last couple weeks.
They have to be perplexed that the treasury doesn’t need to borrow as much as anticipated. What if treasury were to make them irrelevant?
Buygold @ 10:26 re: rate cut
I think it’s a toss up. Trump is putting the squeeze to Powell that’s for sure!
Ipso – yes
Very positive. The fact that the metals aren’t getting crushed with the dollar up is positive too.
The Fed meets next Wednesday, the writing is on the wall for them. They need to cut and they know it. Big question is will they?
There will be a lot of increasing calls for them to do it.
Isn’t there enough chaos in the world?
Polymarket now shows a 79% chance that India ?? will attack Pakistan ?? before June. Are you ready for this?
deer79
Me too! 🙂
Dang
Gold back above $3300? What a freaking beast. Can silver come all the way back?
aurum – drag out the rally monkey please. 🙂
Dog, deer
It will be interesting to see how the Chicago PMI’s and the PCE’s come out in the next hour. The employment numbers will be ugly, a lot having to do with government layoffs. For sure they know this. GDP went negative -0.3%. Not a surprise as treasury through government cuts has withheld $480 Billion out of the economy. The silver lining is inflation. The GDP PCE’s dropped by more than half.
All of this is exactly what needs to happen so that the Fed’s hand is forced to cut rates, and that $480 billion subsidizes massive tax cuts. On the docket so far: No taxes on tips, Social Security, overtime, and they are talking about bringing back the write-off for auto loans. Better if they eliminate taxes for people making under $150K.
If he’s able to pull this off without the neocons dragging us into more war, this economy will roar in a year from now.
Yep
Gold mining stocks remain one of the most undervalued sectors in the market. With a market cap of just $647 billion (less than 1/4 of Apple), the gold mining industry is poised for a revaluation.
Call me a cynic
But I believe the PPT, algorithms (however “they” coordinate the machinations of everything) already knew what today’s # was going to be (ergo, this morning’s smackdown), and they already know what Friday’s number will be……
Buygold
Copper cratering too.
Down almost 30 cents
Dog
ADP, GDP big misses
Dollar drifting down. Crimex playing defense?
Our biggest problem today will be a cratering SM.
Magna Mining Intersects 24.0% Cu, 1.2% Ni & 6.7 g/t Pt + Pd + Au over 2.0 Metres at Levack Mine
https://ceo.ca/@newsfile/magna-mining-intersects-240-cu-12-ni-67-gt
Pasofino Gold Announces Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.0 Million
https://ceo.ca/@newsfile/pasofino-gold-announces-non-brokered-private-placement
1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West Zone at True North
https://ceo.ca/@newswire/1911-gold-intersects-6240-gt-au-over-100-m-on-san
Rackla Metals Receives Land Use Permit for Maiden Drill Program at the Grad Property, NWT
https://ceo.ca/@thenewswire/rackla-metals-receives-land-use-permit-for-maiden-drill
FORTUNE BAY ANNOUNCES PLANS FOR GOLD PROJECTS
https://ceo.ca/@newswire/fortune-bay-announces-plans-for-gold-projects
Eloro Resources Announces Restart of Definition Drilling Targeting Major Tin Discovery and High Grade Silver Zones at its Iska Iska Ag-Sn-Polymetallic Project, Potosi Department, Bolivia
https://ceo.ca/@GlobeNewswire/eloro-resources-announces-restart-of-definition-drilling
Emerita Files NI 43-101 Technical Report for the IBW Project, Marking a 35% Increase in Total Indicated Resources and a 44% Increase in Total Inferred Resources
https://ceo.ca/@GlobeNewswire/emerita-files-ni-43-101-technical-report-for-the-ibw
Probe Gold Intersects 12.3 g/t Gold Over 20.7 Metres in Infill Drilling at Novador Project, Quebec
https://ceo.ca/@GlobeNewswire/probe-gold-intersects-123-gt-gold-over-207-metres
Banyan Provides Update for 2025 Diamond Drill Exploration Program at the AurMac Project, Yukon, Canada
https://ceo.ca/@accesswire/banyan-provides-update-for-2025-diamond-drill-exploration
ORVANA SUBSIDIARY IN BOLIVIA REPORTS Q2 FY2025 FINANCIAL RESULTS
https://ceo.ca/@newswire/orvana-subsidiary-in-bolivia-reports-q2-fy2025-financial-5cd53
Fortuna renews share repurchase program
https://ceo.ca/@GlobeNewswire/fortuna-renews-share-repurchase-program-b9a99
Playfair Advances the Golden Circle Project
https://ceo.ca/content/sedar/PLY-2025-04-30-news-release-english-64ab.pdf
ASX Announcement – March 2025 Quarterly Exploration Results
https://ceo.ca/@newswire/asx-announcement-march-2025-quarterly-exploration
Power Metallic Expands the Lion Zone – Exceptionally High Copper & Gold Grade Kicks on Deep Eastern Margin of Zone
https://ceo.ca/@newswire/power-metallic-expands-the-lion-zone-exceptionally
Galantas Report Financial Results for the Year Ended December 31, 2024
https://ceo.ca/@GlobeNewswire/galantas-report-financial-results-for-the-year-ended
Austral Gold Files Q1 2025 Quarterly Activity Report
https://ceo.ca/@newsfile/austral-gold-files-q1-2025-quarterly-activity-report
Austral Gold Provides Update on Casposo Plant Refurbishment
https://ceo.ca/@newsfile/austral-gold-provides-update-on-casposo-plant-refurbishment
Mundoro Reports 2024 Financial and Exploration Summary and 2025 Outlook
https://ceo.ca/@newsfile/mundoro-reports-2024-financial-and-exploration-summary
Macdonald Mines Exploration Inc. Receives Final Court Approval for Transaction with Canuc
https://ceo.ca/@thenewswire/macdonald-mines-exploration-inc-receives-final-court
Perseus Mining March Quarter Report
https://ceo.ca/@GlobeNewswire/perseus-mining-march-quarter-report
Patagonia Gold 2024 Financial Results
https://ceo.ca/@GlobeNewswire/patagonia-gold-2024-financial-results
Acquisition of Gold Project in Quebec
https://ceo.ca/content/sedar/AUQ-2025-04-29-news-release-english-8997.pdf
NEW GOLD REPORTS FIRST QUARTER 2025 RESULTS
https://ceo.ca/@newswire/new-gold-reports-first-quarter-2025-results
Minnova Corp. Announces PL Gold Mine Restart Plans for 2025 and Updated Feasibility Study in 2026
https://ceo.ca/@newsfile/minnova-corp-announces-pl-gold-mine-restart-plans
New Found Gold Continues to Expand Queensway Gold Project at Depth: 38.7 g/t Au over 6.55 m at Dome and 10.3 g/t Au over 8.20 m at Keats South Deep
https://ceo.ca/@newswire/new-found-gold-continues-to-expand-queensway-gold-project
Fortitude Gold Reports First Quarter Net Income of $1.2 Million or $0.05 Per Share
https://ceo.ca/@accesswire/fortitude-gold-reports-first-quarter-net-income-of
Blue Lagoon Closes Final Tranche Of Financing – Fully Funded To Commence Production
https://ceo.ca/@thenewswire/blue-lagoon-closes-final-tranche-of-financing-fully
Renegade Gold Announces Amendments to Option Agreements
https://ceo.ca/content/sedar/RAGE-2025-04-29-news-release-english-5eca.pdf
Grizzly Announces Private Placement, Debt Settlement, and Provides Update on The Greenwood Precious and Critical Minerals Project
https://ceo.ca/@newsfile/grizzly-announces-private-placement-debt-settlement
SLAM Launches Gold Campaign
https://ceo.ca/@accesswire/slam-launches-gold-campaign
Vox Royalty Notes Inclusion of Hecla’s Libby Exploration Project in Fast-41 Critical Minerals Dashboard
https://ceo.ca/@accesswire/vox-royalty-notes-inclusion-of-heclas-libby-exploration
Kinross Gold 2025 Field Exploration Underway on Riley Gold’s PWC Gold Project (Cortez District – Nevada)
https://ceo.ca/@newsfile/kinross-gold-2025-field-exploration-underway-on-riley
SARAMA RESOURCES COMPLETES INITIAL EXPLORATION PROGRAM AT COSMO GOLD PROJECT
https://ceo.ca/content/sedar/SWA-2025-04-29-news-release-english-de89.pdf
Callinex to Advance its Gold Rich Point Leamington Base Metals Deposit in Newfoundland
https://ceo.ca/@newswire/callinex-to-advance-its-gold-rich-point-leamington
Pampa Metals Further Extends Porphyry Copper – Gold Mineralization to the Southeast at Piuquenes Central
https://ceo.ca/@thenewswire/pampa-metals-further-extends-porphyry-copper-gold
Magna Terra Retains Large Drill Ready Boleadora Project From Newmont
https://ceo.ca/@accesswire/magna-terra-retains-large-drill-ready-boleadora-project
Great Pacific Gold Continues to Monetize Australian Projects
https://ceo.ca/@newsfile/great-pacific-gold-continues-to-monetize-australian
Rio2 Provides Fenix Gold Mine Construction Update
https://ceo.ca/@GlobeNewswire/rio2-provides-fenix-gold-mine-construction-update-bcf44
Kirkland Lake Discoveries Consolidates Key Ground Around Winnie Lake Pluton
https://ceo.ca/@newsfile/kirkland-lake-discoveries-consolidates-key-ground-around
Orogen Royalties Announces Record Year End Financial Performance
https://ceo.ca/@accesswire/orogen-royalties-announces-record-year-end-financial-b88ff
AbraSilver Further Expands High-Grade Silver Mineralization Beyond JAC Boundary at Diablillos; Including 65.0 Metres Grading 162 g/t Ag
https://ceo.ca/@thenewswire/abrasilver-further-expands-high-grade-silver-mineralization
OUTCROP SILVER ADDS FIFTH DISCOVERY IN 12 MONTHS WITH GUADUAL DELIVERING 0.90 METRES OF 1,132 G/T AG AND 2.10 G/T AU (1,290 G/T AGEQ)
https://ceo.ca/@newswire/outcrop-silver-adds-fifth-discovery-in-12-months-with
GR Silver Mining Announces Temporary Plomosas Silver Project Field Work Pause
https://ceo.ca/@newswire/gr-silver-mining-announces-temporary-plomosas-silver
They’re just going by the playbook….
Wish I had a little more $ to nibble on a few things…..
Perhaps we also get the proverbial smack down after the jobs # this Friday…….