Loading ...“headwind” Yes that’s true …
Now is not the time to stand in the way of this long-awaited historical breakout, in my view.
With gold prices at these levels, mining companies are likely to become true cash-flow machines.
Newmont's earnings release today was just a glimpse of what's to come. pic.twitter.com/WjYpEDT5Ql
— Otavio (Tavi) Costa (@TaviCosta) April 25, 2024
@ipso facto re US Dollar it’s not been doing well against gold …
Yes not as well. But I suspect if USD was not so high, Gold would be a lot higher today. Like its been kind of a headwind.
drb2 @ 12:07
“Andrew Jackson” That’s the kind of president we need now! We can’t seem to come up with honest, moral and smart leaders, they get drowned in the swamp.
@ Ipso RE: your 10:08 Post
Good Morning Ipso,
I’m quite sure that Trump knows the US relies on the one-time-dollar (aka FRN / Federal Reserve Note) being the world’s Reserve Currency for a huge amount of it’s power.
But I’m not sure if he is up to fighting the international bankers as Andrew Jackson once did.
If not, while a Trump President would be the best thing for America, it probably wouldn’t be for those hoping the USA will return to honest money (ie. goldbugs)
Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar
- BRICS nations lead global debate over reducing dollar exposure
- Trump says Biden policies undermining respect for US currency
By Saleha Mohsin, Jennifer Jacobs, and Nancy Cook
April 25, 2024 at 2:30 PM PDT
Updated on
April 25, 2024 at 3:30 PM PDT
Former President Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter….
Maddog
George Soros … Darth Vader of planet Earth!
Buygold
‘Yeah, but the dollar is just sooo strong, it must be in great demand right?”
That’s a puzzlement as it is being printed into worthlessness by our lefty woke government. But it’s not been doing well against gold … only the other fiat currencies.
So will the US gov revalue gold to multiples of the current price? Some say they could pay off the debts that way … a massive devaluation of the dollar.
George Soros Paying Student Agitators To Whip Up Anti-Israel Protests
https://www.zerohedge.com/political/george-soros-paying-student-agitators-whip-anti-israel-protests
Why do we allow this PoS and his cohorts permission to breath…..
Ipso
Yeah, but the dollar is just sooo strong, it must be in great demand right? Pathetic. The index game gets tiresome after awhile.
We are lucky so far. At least the shares are kind of holding up.
Yep
As I have been saying,the threat of losing $$ supreme reserve status will be a national security issue.But when you need to force countries to use your currency,you have lost the battle @GoldTelegraph_ https://t.co/oOqSuvDZ5p
— Frank Giustra (@Frank_Giustra) April 26, 2024
Big as# nightmare
Biden is getting ready to impose the Green New Deal on the USA economy if he wins a second term.
??? pic.twitter.com/BzXtQ4NaVv
— Wall Street Silver (@WallStreetSilv) April 26, 2024
Unigold Inc. Provides Update on Exploration Earn-in Agreement with Barrick Gold Corporation on the Neita Norte Concession, Dominican Republic
https://ceo.ca/@newsfile/unigold-inc-provides-update-on-exploration-earn-in
AbraSilver Announces Closing of C$20 Million Strategic Investments by Kinross Gold and Central Puerto
https://ceo.ca/@thenewswire/abrasilver-announces-closing-of-c20-million-strategic
Sanu Gold Provides Update and Announces Additional Drilling Plan, Bantabaye Project, West Africa
https://ceo.ca/@newsfile/sanu-gold-provides-update-and-announces-additional
Abitibi Metals Extends High-Grade Central Lens in Infill Drilling at the B26 Polymetallic Deposit
https://ceo.ca/@newswire/abitibi-metals-extends-high-grade-central-lens-in-infill
Alpha Exploration Announces Final Assay Results Including 5m @ 11.03 g/t Gold at Aburna
https://ceo.ca/@newsfile/alpha-exploration-announces-final-assay-results-including
SILVERCORP TO ACQUIRE ADVENTUS, CREATING A GEOGRAPHICALLY DIVERSIFIED MINING COMPANY BY ADDING THE ADVANCED EL DOMO PROJECT
https://ceo.ca/@newswire/silvercorp-to-acquire-adventus-creating-a-geographically-89d83
Gold Hunter Receives Final Order Approving Plan of Arrangement
https://ceo.ca/@newsfile/gold-hunter-receives-final-order-approving-plan-of
Guanajuato Silver Announces Brokered LIFE Offering of Units
https://ceo.ca/@accesswire/guanajuato-silver-announces-brokered-life-offering
Sun Summit Announces Closing of $2,500,000 Private Placement
https://ceo.ca/@newsfile/sun-summit-announces-closing-of-2500000-private
Denarius Metals Announces 2023 Fiscal Year Results
https://ceo.ca/@newsfile/denarius-metals-announces-2023-fiscal-year-results
Cerrado Gold Announces Possible Late Filing of Annual Financial Statements
https://ceo.ca/@accesswire/cerrado-gold-announces-possible-late-filing-of-annual
Contact Gold Receives Final Court Order Approving Arrangement
https://ceo.ca/@thenewswire/contact-gold-receives-final-court-order-approving-arrangement
Galway Metals Announces Closing of Private Placement of Flow-Through Units
https://ceo.ca/@accesswire/galway-metals-announces-closing-of-private-placement
Nine Mile Metals Exercises Option Early to Acquire 100% of California Lake, Canoe Landing Lake East and Nine Mile Brook East Properties
https://ceo.ca/@newsfile/nine-mile-metals-exercises-option-early-to-acquire
Gatos Silver Reports South-East Deeps Drilling Results at Cerro Los Gatos and Announces Executive Appointment
https://ceo.ca/@globenewswire/gatos-silver-reports-south-east-deeps-drilling-results
Eldorado Gold Reports First Quarter 2024 Financial and Operational Results; Steady Start to 2024
https://ceo.ca/@globenewswire/eldorado-gold-reports-first-quarter-2024-financial
AGNICO EAGLE REPORTS FIRST QUARTER 2024 RESULTS – STRONG QUARTERLY GOLD PRODUCTION AND COST PERFORMANCE DRIVE RECORD QUARTERLY FREE CASH FLOW; 2023 SUSTAINABILITY REPORT RELEASED
https://ceo.ca/@newswire/agnico-eagle-reports-first-quarter-2024-results-strong
Lode Gold (Formerly Stratabound) Completes Second Year Commitments on Property Options Advancing McIntyre Brook Ownership
https://ceo.ca/@newsfile/lode-gold-formerly-stratabound-completes-second-year
PPX Continues To Deliver Solid Exploration Results At Callanquitas With Up To 18.93 Au g/t
https://ceo.ca/@accesswire/ppx-continues-to-deliver-solid-exploration-results
Adyton to recommence work activities on Feni Island Gold/Copper Project
https://ceo.ca/@newswire/adyton-to-recommence-work-activities-on-feni-island
KOOTENAY SILVER CLOSES BROKERED PUBLIC OFFERING FOR GROSS PROCEEDS OF C$10.35 MILLION
https://ceo.ca/@newswire/kootenay-silver-closes-brokered-public-offering-for
Snowline Gold Completes Oversubscribed C$31.9 Million Financing
https://ceo.ca/@accesswire/snowline-gold-completes-oversubscribed-c319-million
Lion One Drills 448.98 g/t, 202.34 g/t, and 108.5 g/t Gold at Tuvatu, Provides Operations Update
https://ceo.ca/@newsfile/lion-one-drills-44898-gt-20234-gt-and-1085-gt
Equinox Gold Completes US$299 Million Bought Deal Financing
Dollar and rates moving up
No idea what the numbers were.
Surprisingly we’re hanging onto some slim gains, but the scum is right there to sell and moves up.
Sort of trading with the SM.
Early follow thru
There’s some eco data out at 0830 EST that could shuffle things around that will likely indicate more stagflation.
Regardless, our pm’s are doing OK for now and we’ll see if the scum battles for $2350. I would sure hope not, but they probably will. They are bloodsuckers. The wait for $50-100 up days will most likely continue. It’s odd to me that we went from being in this sustained, short crushing move higher to sort of blah, no excitement, normal market in a matter of a week and a half. Doesn’t seem normal that we’re raging and then all of a sudden there’s no real interest?
Regardless, shares should tell the tale.
Dollar up a little, oil flat, Bitcoin flat, rates flat. SM, especially tech up nicely. We’ll see if it stays this way in an hour or so.
Ipso
I was going to post a part of it here but my grandson 11 was bit by a loose pitbull. And here I was worried about criminals. Having to teach him to keep a cotton bandana with him. How to use for bandages, slings, pressure bandages and his young size a tourniquet and keep it in his pocket or back back.
Right and Trump could of rightfully went after Hillary for conspiring to unseat a president with Russia collision after she lost and spying on him during his campaign both illegal but Trump did not for the same reasons but apparently they have double standards, Just US systems and are acting as a banana Republic.
Here’s some of the conversation by the supreme court. The last one was Jackson rather bias in a vindictive tone. I think she was the one who was appointed during Biden who couldn’t distinguish the difference between a man or woman biologically.
From Outnumbered on Fox
D’oh!
Russia To Seize $440 Million From JPMorgan
https://www.zerohedge.com/markets/russia-seize-440-million-jpmorgan
Trashing our “exorbitant privilege”
Abandoning sacrosanct nature of the dollar to virtue signal against Russia is turning into an unmitigated disaster: as US moves to illegally confiscate (steal) Russian assets, Russia is returning the favor, w/ JP Morgan in the crosshairs and more to come:https://t.co/X3EbkZ9JGU
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 25, 2024
goldielocks @ 15:39
Thanks for the input.
re: “precedence of attacking previous political opponents”
Darn right that’s a slippery slope right into Banana Republic status. Destructive of democracy!
Buygold
Might not go in a straight line but it’s got a long way to go.
Finally
A real rally in the shares. Maybe even based on projected earnings. What’s interesting is that it wasn’t blowout volume across the board in all the shares. NEM and GOLD led the pack with heavy volume, but GFI was up on light volume, KGC on better than average. I’m a little surprised by that but maybe it indicates that we’re really now just getting started.
These metals can’t be too far off from a real run either. I hope anyway.
Wave C??? 🙂
Ipso 11:37
Yeah Blackrock holds shares in many if not all of them. Plus was working with the Feds for awhile, yeah the Fed called them to help them with mortgage securities to help drive up the housing prices as a result I guess.
There not the only ones though but maybe the biggest player and with the interest rates up the ones buying them up can pay full price so more to their advantage than the working class.
Some billionaire familiar with his name but not that familiar but forgot it said of Fink, he likes the guy but doesn’t want a emperor.
I watched the Supreme Court hearing this morning on Immunity for Trump. They were all heavyweights so didn’t talk in lay terms nor could we know all the cases they referred to but man was that lawyer magnificent, he must have a 200 IQ standing alone to comments or questions by all the supreme court justices as well as most the justices except Jackson although a couple more liberals but stayed within their interpretation without vindictiveness. The majority had real concerns about new presidents taking revenge on past like in some countries setting precedence going forward and also pointed out how they were using state accusations that btw were misdemeanors, that statue of limitations ran out and bring it back to the lower courts to figure out. Because of that sending it back is more likely in which will take a long delay perhaps past the election.
Wow been out and about…..NEM is a sight for sore eyes
at last the shorts are getting it……..and boy oh boy are they short NEM….as the scum use it to cap the HUI day in day out…..