KGC first to go red. They will turn 300 HUI into the greatest resistance ever
I hope he pisses them off bigtime. Not sure I really like him going there …
BREAKING: Trump will address the World Economic Forum in Davos, Switzerland in his first week as President! I hope he tells them about all the ways he’s going to destroy their globalist plans over the next 4 years
Buygold @ 7:13
Core CPI came in at .2% MoM (below the 0.3% exp and taking attention away from headline numbers – now you know why they work so hard to keep oil prices contained) – which is close to the Fed’s target rate – hence Nasdaq futures up 300+ points on its way to new highs with Trump and his tech/crypto team coming into power next week.
So the CPI lie was leveraged this reporting to distract from the LA disaster and keep the commies looking good as they step out of the fire (pun intended).
The bankers were out in full force yesterday in keeping gold contained selling almost 22,000 futures contracts, with silver speculators a no show evidenced in the lethargic increase.
Metals Daily Exchange Volume & Open Interest – CME Group
Add to that increasing talk in favor of selling Fort Knox Gold (it will never happen – I hope – move to Russia if it does with a paltry debt to GDP ratio of only 20%) – the commies are out in full force to keep prices contained.
The Coming Raid on Fort Knox | The New York Sun
As you say – just another day in paradise (thank you Phil Collins).
A very good buying opportunity is coming in 2025.
Cheers all
This is an everything rally – including bonds
10 yr. is down 12 bips right now, dollar down near 1/2%
Truthfully though, we are underperforming everything else and getting screwed as usual. Silver barely up 1% and gold up less than 1/2%
Bitcoin all the way back to $100K, QQQ’s up 2%, DOW up 1.5%
The same old B.S. as always. They will likely sell the open on a day when we should be screaming higher
An Inconvenient Truth … Few people want them …
2024 Registrations Of New Electric Cars Plummet 27.5% In Germany… “Petrol Dominates”
CPI
So, the market is celebrating this as being softer than expected, although I’m not exactly sure about there read.
M/M CPI was 0.4% vs. 0.3% estimates (hot)
Apparently, they are celebrating this
M/M CPI ex food & energy was 0.2% vs est. of 0.3%
Y/Y CPI – ex food & energy was 3.2% vs. est. of 3.3%
I’m not sure why that’s a win. I was paying $6.30 for 60 eggs a year ago at Walmart. Those same eggs today are almost $22
Regardless, give the Captain a tip of the hat. Looks like we’re in business going into the open.
Big Ridge Gold Corp Provides Corporate Update and 2025 Objectives
https://ceo.ca/@newsfile/big-ridge-gold-corp-provides-corporate-update-and-2025
Peruvian Metals Achieves Record Throughput at Aguila Norte Processing Plant and Summarizes Major Achievements for 2024
https://ceo.ca/@newsfile/peruvian-metals-achieves-record-throughput-at-aguila-85787
SilverCrest Provides 2024 Fourth Quarter and Annual Operational Results
https://ceo.ca/@newswire/silvercrest-provides-2024-fourth-quarter-and-annual
NexGold Provides Summary of its Transformative Year and Outlines Key Priorities for 2025
https://ceo.ca/@GlobeNewswire/nexgold-provides-summary-of-its-transformative-year
Hemlo Explorers Discovers In-situ Visible Gold
https://ceo.ca/@GlobeNewswire/hemlo-explorers-discovers-in-situ-visible-gold
Triple Flag Delivers Record GEOs Sales for the Eighth Consecutive Year and Achieves Upper Half of 2024 GEOs Sales Guidance
https://ceo.ca/@businesswire/triple-flag-delivers-record-geos-sales-for-the-eighth
Endeavour Silver Provides 2025 Guidance for Guanaceví and Bolañitos; Production expected at 4.5 – 5.2 Million oz Silver and 30,500 – 34,000 oz Gold for 7.0 – 7.9 Million oz Silver Equivalent(1)
https://ceo.ca/@GlobeNewswire/endeavour-silver-provides-2025-guidance-for-guanacev
Avino Commences Underground Development at La Preciosa
https://ceo.ca/@accesswire/avino-commences-underground-development-at-la-preciosa
TRX Gold Reports First Quarter 2025 Results
https://ceo.ca/@GlobeNewswire/trx-gold-reports-first-quarter-2025-results
Hannan Metals Discovers 1.2 km Chargeability Anomaly at Sortilegio Copper-Gold Porphyry, Valiente Peru
https://ceo.ca/@accesswire/hannan-metals-discovers-12-km-chargeability-anomaly
Mawson Finland Begins 2025 Drill Program, Mobilizing Multiple Drill Rigs at Rajapalot
https://ceo.ca/@accesswire/mawson-finland-begins-2025-drill-program-mobilizing
Cerrado Gold Announces Q4 and Annual 2024 Gold Production Results for its Minera Don Nicolas Mine in Argentina
https://ceo.ca/@accesswire/cerrado-gold-announces-q4-and-annual-2024-gold-production
Prime Tahonitas Footwall Discovery: Intersects New Continuous High-Grade Veins at Tahonitas in the Z-T Trend
https://ceo.ca/@GlobeNewswire/prime-tahonitas-footwall-discovery-intersects-new
Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource Expansion
https://ceo.ca/@newsfile/desert-gold-trench-and-prospecting-results-showcase
CMC Metals Establishes A New Vision for its Future and presents a review of its 2024 Activities
https://ceo.ca/@GlobeNewswire/cmc-metals-establishes-a-new-vision-for-its-future
Fortuna announces sale of non-core San Jose Mine, Mexico
https://ceo.ca/@GlobeNewswire/fortuna-announces-sale-of-non-core-san-jose-mine-mexico
Q4-2024 Production Results and Operational Highlights
https://ceo.ca/@GlobeNewswire/q4-2024-production-results-and-operational-highlights
Torex Gold Provides 2025 Operational Guidance and Updated Five-Year Production Outlook
https://ceo.ca/@newsfile/torex-gold-provides-2025-operational-guidance-and-updated
Eldorado Gold Delivers Gold Production of 520,293 Ounces in 2024, Above the Midpoint of Tightened Guidance, With Solid Fourth Quarter Preliminary Gold Production of 155,669 Ounces; Provides Skouries Construction Progress and Conference Call Details
https://ceo.ca/@GlobeNewswire/eldorado-gold-delivers-gold-production-of-520293-ounces
GALIANO GOLD ANNOUNCES 2024 PRODUCTION AND FULL YEAR HIGHLIGHTS
https://ceo.ca/@newswire/galiano-gold-announces-2024-production-and-full-year
Platinum Group Metals Ltd. Reports First Quarter 2025 Results
https://ceo.ca/@newsfile/platinum-group-metals-ltd-reports-first-quarter-2025
Sabre Gold Shareholders Approve Acquisition by Minera Alamos
https://ceo.ca/@newsfile/sabre-gold-shareholders-approve-acquisition-by-minera
Rupert Resources Reports Results for the Three and Nine Months Ending November 30, 2024
https://ceo.ca/@businesswire/rupert-resources-reports-results-for-the-three-and-d43d8
First Majestic Announces Shareholder Approval in Connection with Gatos Silver Acquisition
https://ceo.ca/@newsfile/first-majestic-announces-shareholder-approval-in-connection
Aura Minerals Acquires Shares of Bluestone
https://ceo.ca/@newswire/aura-minerals-acquires-shares-of-bluestone
Eric Sprott Announces Changes to Holdings in Silver One Resources Inc
https://ceo.ca/@newsfile/eric-sprott-announces-changes-to-holdings-in-silver
LUCA COMMENCES THE FIRST EXPLORATION DRILLING CAMPAIGN AT CAMPO MORADO IN OVER A DECADE
https://ceo.ca/@newswire/luca-commences-the-first-exploration-drilling-campaign
Golden Share Announces Approval of Reverse-Takeover Transaction and Voluntary Delisting from The TSX Venture Exchange
https://ceo.ca/@newsfile/golden-share-announces-approval-of-reverse-takeover
Royal Gold Provides Update on Q4 2024 Stream Segment Sales and Details for Release of Q4 2024 Results
https://ceo.ca/@businesswire/royal-gold-provides-update-on-q4-2024-stream-segment
Pampa Metals Provides 2024 Review and Outlook for 2025
https://ceo.ca/@thenewswire/pampa-metals-provides-2024-review-and-outlook-for-2025
Great Atlantic Resources Intersects Visible Gold in Both Holes Six and Seven: 60.20 G/T Gold over 0.44 Meters in Sixth Hole; 28.02 G/T Gold over 0.80 Meters in Seventh Hole
https://ceo.ca/@newsfile/great-atlantic-resources-intersects-visible-gold-in
Fortitude Gold Reports Fourth Quarter and Full Year 2024 Preliminary Gold Production
https://ceo.ca/@accesswire/fortitude-gold-reports-fourth-quarter-and-full-year
GoldHaven Announces Non-Brokered Private Placement
https://ceo.ca/@GlobeNewswire/goldhaven-announces-non-brokered-private-placement
Western Metallica Drills Large Multiphase Porphyry System at Its Caña Brava Cu-Mo Project In Peru
https://ceo.ca/@GlobeNewswire/western-metallica-drills-large-multiphase-porphyry
Emergent Metals Corp. Provides an Update on its Troilus North Property Royalty, Quebec
https://ceo.ca/@thenewswire/emergent-metals-corp-provides-an-update-on-its-troilus
Updated Kiniero Feasibility Study Achieves Increase +46% in Gold Reserves and +89% NPV to US$322M
https://ceo.ca/@GlobeNewswire/updated-kiniero-feasibility-study-achieves-increase
Teuton Resources Announces that Joint Partner Tudor Gold has Initiated Permitting for Construction of Underground Exploration Infrastructure to Expand and Complete Drilling of the Supercell One Zone at Treaty Creek, Golden Triangle of British Columbia
https://ceo.ca/@thenewswire/teuton-resources-announces-that-joint-partner-tudor
Morissette Joins Bullion Gold to Develop the Bodo Project
https://ceo.ca/@newsfile/morissette-joins-bullion-gold-to-develop-the-bodo-project
Tailings Storage Facility No. 3 and New 1,500 tonne per day Mill Expansion Completed and in Operation at Ying Mine, China
https://ceo.ca/@newswire/tailings-storage-facility-no-3-and-new-1500-tonne
Asante Announces Bibiani Underground Feasibility Study Results
https://ceo.ca/@GlobeNewswire/asante-announces-bibiani-underground-feasibility-study
Morning maddog
Can of worms for sure. They should audit the Fed, but more importantly they should audit Fort Knox. I get the sense that Ron Paul is probably working with the DOGE boys and pushing for this behind the scenes. What if they find there is no gold? I wouldn’t think they’d make that public knowledge, there would be a huge run on the dollar and treasuries. The house of cards would come crumbling down.
In my mind, there’s no way that these guys aren’t aware of the whole fiat money scam and fractional reserve banking. I don’t understand why the Trump admin would want to sell any gold, I don’t understand how that would devalue the dollar. If they want to devalue, all they have to do is print more and start QE back up, but I think Powell and this Fed is going to be hostile to Trump at the behest of their globalist masters. The better move is to revalue the gold and back the currency with it before someone else does. Unfortunately, I don’t see anyone else doing that, even the BRICS. They don’t seem to be rushing toward that alternative.
The world is between a rock and a hard place when it comes to these fiat printing central banks controlling our currencies. How do you root them out without already having a system set-up to replace them with? I’d love to see them all arrested in the middle of the night and sent to Gitmo, I just don’t know how you transition into something else overnight.
To the moon?
Interesting start to the morning. Silver above $30 and gold bearing down on $2700 as the dollar is down against the Yen, but flat overall. More importantly, the 10 year is softer by 2 bips. Oil up a little, Bitcoin as well. PM shares are steady with GDX and GDXJ up around 1%.
None of this matters because in a little more than an hour the eco data kicks off with the CPI. PM’s will need soft numbers at best, in-line at worst. Any hot numbers will collapse everything IMHO.
Captain said he thought they’d be soft. I have no clue.
I’m pretty sure there’s another Fed meeting this month, so we have that to contend with as well.
Hmmm…so talk of Auditing the Fed and also selling Gold from Fort Knox , by Trump people
That could open a very big can of worms……Oh and anyone thinking of buying that Gold, might want ask the Bundesbank, why they think it took the US over 3 years to just send some of their gold back…..and why it was all new bars……!!!!!
From a GATA email….this should be fun, selling what u ain’t got…..
From the New York Sun
Tuesday, January 14, 2025
https://www.nysun.com/article/the-coming-raid-on-fort-knox
The news today is that the incoming Trump administration is hearing talk about selling the gold at Fort Knox. Our advice is to get on the phone right now and call Edwin Vieira, Jr., author of the definitive volume “Pieces of Eight.” That’s what we did last time we heard talk — it was in Congress — about selling the gold at Fort Knox. When he came to the phone we asked him, “Ed, do you think America should sell the gold in Fort Knox?”
“Don’t use the word ‘sell,'” Mr. Vieira exploded over the blower.
He was so alarmed we almost dropped the phone. Then we asked what was the problem.
He was so alarmed we almost dropped the phone. Then we asked what was the problem.
“You don’t sell gold,” Mr. Vieira said “You spend it.”
We got the point, but Mr. Vieira pressed it anyhow. “Don’t you see,” he boomed. “Gold is the money.”
The talk today of selling gold is part of a proposal to rectify the imbalances in global trade, like China’s record-high surplus. It is part of the president-elect’s America First policy. Among the more creative suggestions being floated was spotted by our Ira Stoll at The Editors. The idea, put forward some weeks ago by Trump’s pick to head the Council of Economic Advisers, Stephen Miran, is to deploy America’s gold reserves to devalue the dollar.
Gold reserves tend to bolster the value of currencies. Yet Mr. Miran sees selling gold — of which Uncle Sam holds some 260 million ounces — as a means to weaken, not strengthen, the dollar. “While many analysts believe there are no tools available to unilaterally address currency misvaluation, that is not true,” he writes. One way to do it, Mr. Miran says, is to “accumulate foreign exchange reserves,” boosting the value of other nations’ fiat currencies.
Here’s where gold factors in. “The Gold Reserve Act,” he writes, allows the Treasury “Secretary to sell gold” in the way “the Secretary considers most advantageous to the public interest.” Mr. Miran sees this as “providing additional potential funds for building foreign exchange reserves.” Note, though, the emphasis on the verb “sell,” the use of which reflects a misconception about the nature of money.
This point was marked in 2013 by a Sun editorial headlined “Speaking of Money.” The editorial was prompted by talk in the press about the “value” of gold. “To the ears of a copy editor of the Sun, this is like the screech of chalk pushed the wrong way on a blackboard,” we noted. That’s because, in the Sun’s stylebook, “the value of gold is, in practical terms, constant.” More noteworthy is “the value of the dollar. That’s what does all the changing.”
So the Sun does not refer to “the price of gold” but the “value of the dollar,” which, incidentally, stands at less than a 2,600th of an ounce in today’s trading. Gold, not the dollar, “is the measure of value.” Plus, too, when it comes to gold, the Sun eschews using the verb “to sell.” That’s in contrast to the idea that “gold is a commodity’ or an ‘asset,'” we noted. “This fits fine in an era of fiat money.” Hence Mr. Vieira’s brilliant point.
Which brings us back to Mr. Miran’s proposal to devalue the dollar by “selling” gold. He concedes it “could be politically costly,” even if it would “result in income” for Uncle Sam. Mr. Stoll reckons that the “problem” with Mr. Miran’s idea is that even if politicians “try to fix prices, there are free-market signals, such as the price of the dollar against gold, Bitcoin, groceries, or real estate, that eventually provide a true indication of a dollar’s value.”
Mr. Miran sees “a reduction in the value of the dollar” as helping “create manufacturing jobs in America” as it “reallocates aggregate demand from the rest of the world to the U.S.” Mr. Stoll replies that if Americans “get the idea that their dollars will be worth less” due to Trump’s moves, “there’s a risk that they will move money out of dollars and into other assets.” Inflation would ensue. Mr. Stoll calls it “a costly policy, in whatever units it is measured.”
amals @ 21:02
Yes I remember him.
Those were the good old days.
No crypto crap to compete with.
Very close to a lasting top and shaving of the crypto creeps soon.
Then it will be back to business.
Gold and silver have been money since the beginning of “modern man”.
And no “modern” hare-brained bankers are ever going to change that.
Cheers all
Thanks Amals, I just used the search feature on the sidebar and it shows the last mention of him was December 2021
Wherever you are Equis old friend, I hope you are happy, healthy, and thriving. If you can, please stick your head in the tent and say hello…and I hope you still have your box of rocks. SNG
Buygold, ipso, Capt. re: Impact
I’m pretty sure I’ve got some. For a long time. I’d have to log in to Fidelity or Schwab to be sure. I don’t think I want to know how much I paid for it. Like so many of my others.
sng re: Equisetum
Don’t know about him currently, but will mention he was the first person to say, “Hello” and welcome me to the old Gold Eagle forum in about 2003. Hope he is alive and well.
This box of rocks reminds me of our old friend Equisetum. Anybody know if he’s still “with us”?

This was from the Dave Hodges Show. Scroll down to this box of rocks for a 10 minute video of hope
buygold
Oh, and they are talking about an audit of the Fed – Musk and Ramaswamy pushing it. Might as well take a peak inside Fort Knox while they’re at it. ?
Now that would be stunning….as for Lindy…..no doubt the ‘pictures’ are a sight to behold.
SilverCrest Metals Acquisition by Coeur Mining
SilverCrest Metals (TSE:SIL) has released an update. Or SILV
SilverCrest Metals Inc. has announced a definitive arrangement with Coeur Mining, Inc. to be acquired in a court-approved plan, with SilverCrest shareholders receiving a premium of 1.6022 Coeur shares for each SilverCrest share, implying an 18% premium and a total equity value of approximately $1.7 billion. Upon completion, SilverCrest will become a wholly owned subsidiary of Coeur, and its shares will be delisted from the Toronto and NYSE American Stock Exchanges. The transaction is subject to approval by SilverCrest and Coeur shareholders, with completion expected in the first quarter of 2025.
For further insights into TSE:SIL stock, check out TipRanks’ Stock Analysis page.
Comment:
I have some CDE or Coeur, and it looks to me like CDE price will go down after that.
Tech sure fell out of bed
Surprised we haven’t collapsed with it ?
edit: wow, I didn’t see that close coming in the SM. Serious stick save.
Mr. Copper
I’m with you, no rhyme or reason for the action of the last two days. Especially the magnitude of the drop in silver. Seeing the shares bounce back today with the metals lagging is odd too.
Then again, there’s a lot of time left in the day, and these shares tend to bleed out slowly after any initial up move. So, we might not have much in the way of gains when the market closes. Certainly, there’s no major buying coming into the sector.

