Do you think the US government will confiscate and revalue gold like they did in 1933?
Total Voters: 36
Loading ...No doubt there’s absolutely nothing cheaper than the miners in the SM right now. They’ve yet to even feel the higher metal prices.
Was hoping to get some short covering into the close but looks more like profit taking. We’ll have to see if we get the usual takedown tomorrow. Rarely do we come out looking good two days in a row after a Fed meeting. I’m just not sure we’re there yet. Looks like we’ll get a weak close.
It seems like the Fed is encouraging inflation. Lately lot of miners are 20% to 50% higher over the past 6 months. I assume with the higher metals prices, a lot of the miners will report higher earnings. The miners should eventually catch fire. They will attract the non gold regular investors attention. They must have lots of profits they can take and rotate to the “cheap” stuff.
Inflation is definitely picking up, yet they are so calm. We all should be calling B.S. I don’t know what he’s saying but it’s rallying everything, and pm’s look very strong. In the past, we would get smacked down tomorrow. We’ll have to see if they have the ammo to do that tomorrow.
They shook the tree hard on the shares yesterday on light volume. The volume today is much stronger in GLD and SLV.
HUI popping thru 235, if we can hold it for a couple days, we should easily run up to the 250-260 level.
What I really want to see though is for the metals to decouple from the SM, Bitcoin, and everything else. Right now we’re trading with all that stuff.
All the inflation hedges are roaring ahead, including Gold. I thought for sure he would at least talk hawkish. In reality he should be starting to raise rates. Gold is going to go right into the $2,200s soon.
I was talking to a mate who lives in the state of Victoria, Australia recently…they had that power mad lunatic governor, who suddenly resigned recently, just before all sorts of dodgy deals he was doing with China came to light…….he also spent money like mad, just like Commiefornia….
Any way my mate said that Holiday homes, used to pay a State tax of Aus $ 4000, pa.5 yrs ago……now it is Aus $ 40,000 and that is just one of the taxes that has gone ape…..
It looks like it is a general trend, wherever the followers of the WEF are running the show.
but the consensus is 3 rate cuts in 2024, so everything rallies and the dollar reverses lower.
I’m not sure how that makes any sense at all, but at least we have a tentative rally going on, although it seems really tentative as to whether it will stick or not.
I’m guessing Powell has begun to open his yap, so we’ll see.
Wow that’s even worse than Washington State where we have new gas taxes courtesy of Gov Insley. States under Democrat control are insatiable and will devour their citizens!
Florida vows to send Haitian migrants to MARTHA’S VINEYARD and deploys more soldiers to barricade the coastline – while gangs roam Port-au-Prince hunting the wealthy and looting mansions as the bloodshed continues
I know what you mean. Hope not either.
Any relatives in Calif. Keep a eye out for this one and wording tricks but they need to be clear themselves. No one voted for a gas tax but too many misunderstood the wording. That one could of been easy, do you want a gas tax or not.
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I just hope things don’t fall completely apart before the election. Who knows what crazy schemes the Demos will try to put into place. The sky’s the limit!
Netanyahu allowing all those Jewish people to be slaughtered although some of the stories like about the baby’s are said to be made up, I don’t know.
That Bibi was being predictably played himself by Hamas or maybe Iran behind it so now he not only has Hamas or Iran after him but 6 country’s plus protests in allied countries. That might wind up having to seek refuge in the US.
Of course, isn’t there always a recession when the government fouled up things and with it war to get the focus off them? There’s people who still think war will bring jobs, at the expense of people no less. The manufacturering jobs have been outsourced and only come back to a few pockets and the only jobs they make are tax dependent jobs that the economy again gets the bill. We’re working on a outright recession. Maybe they’re trying to hold back so they can blame it on Trump and if they’re able to rig the election then they won’t care anyways.
Macron should think back to France’s history. Seems to me he is doing all in his power to bring into being a new 1789. There’s only so much the people can take. The sooner he’s gone the better for France!
all of a sudden at 10 EST, gold started a steady, controlled march higher – almost like organized short covering. It’s paused here for now, but I’ve actually never seen GLD move like that before. There’s almost always a ready seller waiting in the wings to take it right back down.
Have to see if that starts up again. Hope so, that was nice to watch.
Re Micron
Short arse men are always a danger and Franch ones in particular…think Napolean………They say that Micron particularly hates Putin because,the Russians have kicked the French out of a number of African countries, which the French have always thought were their own…..
Plus he is of course one of Schwab’s bitches….and Schwab and Co can’t stand Putin, after he went to Davos and told them they were all mad.
taking their queue from silver, nothing to write home about but hopefully it’s an indication of how we’ll do after the Fed meeting.
It would be a shame if this is all we get out of this recent move higher.
Oil giving a little back this am. Gas prices here have risen 10% in the last couple weeks. They always go up immediately when oil goes up, but then go down really slow when oil goes down. It’s not just markets that are rigged, it’s damn near everything.
Credit Card Delinquencies Are On The Rise.
Consumers are defaulting on their credit cards at increasing rates.
We are in a recession.
And it's not looking good.
??? pic.twitter.com/HH5ZV1thzx
— Wall Street Silver (@WallStreetSilv) March 20, 2024
That is not a topic of interest to me, not that I think it’s unimportant, we each have our own interest and what makes the world go around if there is trust within each of the fields. Although reading some things from her researching there are issues going on all the time. Like I just did a quick search this one Minnesota. 400,000 gallons worth, leaked twice and I guess not being totally honest about it.
I get your point on no affordable options when affordable fuel has been basically blown up, and how convenient in now no other choice. People can’t wait around when there’s extreme temperatures.
https://apnews.com/article/nuclear-plant-radioactive-leak-minnesota-5e3b7d56d3a232a86b7e86d3d632533a
French Units In Ukraine Will Be ‘Priority’ Target, Warns Russia
Russian intelligence has alleged that France is preparing a military contingent of 2,000 troops to be deployed on the ground in Ukraine. The claim was made by Director of the Russian Foreign Intelligence Service (SVR) Sergey Naryshkin on Tuesday, and was quickly picked up in international headlines, also given it is rare for him to make statements like this.
“The current leadership of the country [France] does not care about the deaths of ordinary French people or about the concerns of the generals,” Naryshkin said as translated in TASS. “According to information coming to the Russian SVR, a contingent to be sent to Ukraine is already being prepared. Initially, it will include around 2,000 troops.”
https://www.zerohedge.com/geopolitical/french-units-ukraine-will-be-priority-target-warns-russia
the scum are “probing” the $2150 area to see if it holds…..
Don’t forget about boycotting Tyson Foods!!!!!!
Boycott Slams Planet Fitness Shares As Americans Fight Back Against Wokeism
Mayfair Gold Responds to Announcement by Muddy Waters Capital of Intention to Reconstitute the Board of Directors
Fury to Commence Drilling at Éléonore South Gold Project
West Red Lake Gold Closes US$22,340,000 of Gold Linked Notes Offering
Amex Reports 3.43% Cu, 34.00 g/t Ag, 1.80% Zn and 0.30 g/t Au over 20.80 m From QF Zone
CMC Metals Ltd. Identifies Significant Exploration Potential on Its Silverknife Property in the Emerging Rancheria Silver District, Northern B.C.
VIZSLA SILVER REPORTS ADDITIONAL HIGH-GRADE INTERCEPTS ON COPALA AND ITS SPLAYS
https://ceo.ca/@newswire/vizsla-silver-reports-additional-high-grade-intercepts-c3650
FOKUS COMPLETES ITS WINTER DRILLING PROGRAM ON THE HIGH-GRADE GOLD MORISS SECTOR OF GALLOWAY
https://ceo.ca/@newswire/fokus-completes-its-winter-drilling-program-on-the
Dynacor Group Reports Sales of US$20.1 Million for February 2024 and Cumulative Sales of US$47.0 Million in 2024
https://ceo.ca/@businesswire/dynacor-group-reports-sales-of-us201-million-for
Richmond Minerals Inc. – New Drill Targets Identified in the Cyril Knight Zone at Ridley Lake Project, Swayze Greenstone Belt, Ontario, and Closing of Non-Brokered Private Placement
https://ceo.ca/@globenewswire/richmond-minerals-inc-new-drill-targets-identified
Americas Gold and Silver Corporation Announces Private Placement of up to C$6.5 Million
https://ceo.ca/@globenewswire/americas-gold-and-silver-corporation-announcesprivate
Plato Gold Completes Terms for the Acquisition for the Pic River PGM-Copper Project and Provides Exploration Update
https://ceo.ca/@globenewswire/plato-gold-completes-terms-for-the-acquisition-for
Significant Copper and Gold Mineralization Located on Georgetown Project, Australia
https://ceo.ca/@globenewswire/significant-copper-and-gold-mineralization-located
Dakota Gold Corp. Announces Extension of Unionville Zone at the Maitland Gold Project
https://ceo.ca/@newsfile/dakota-gold-corp-announces-extension-of-unionville
Orla Mining Reports Fourth Quarter and Year End 2023 Results
https://ceo.ca/@newswire/orla-mining-reports-fourth-quarter-and-year-end-2023
SILVER MOUNTAIN FILES NI 43-101 TECHNICAL REPORT FOR PREVIOUSLY ANNOUNCED UPDATED MINERAL RESOURCE ESTIMATE AT THE RELIQUIAS PROJECT
https://ceo.ca/@newswire/silver-mountain-files-ni-43-101-technical-report-for-9ffdc
Steppe Gold Ltd. Announce Extension of Binding Term Sheet
https://ceo.ca/@globenewswire/steppe-gold-ltd-announce-extension-of-binding-term
SSRM LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages SSR Mining Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SSRM
https://ceo.ca/@globenewswire/ssrm-loss-alert-rosen-leading-investor-counsel-encourages
Calibre Mining Announces C$100 Million Bought Deal Financing
https://ceo.ca/@globenewswire/calibre-mining-announces-c100-million-bought-deal
Cascadia Minerals Ltd. Announces up to C$1.0M Non-Brokered Private Placement
https://ceo.ca/@newswire/cascadia-minerals-ltd-announces-up-to-c10m-non-brokered
Namibia Critical Metals Sells Non-Core Assets in Namibia to Sylla Gold Corp.
https://ceo.ca/@accesswire/namibia-critical-metals-sells-non-core-assets-in-namibia
PPX Mining Announces Internal Subsidiary Reorganization
https://ceo.ca/@accesswire/ppx-mining-announces-internal-subsidiary-reorganization
Alkane Resources nears Kaiser resource upgrade with record gold hits
https://ceo.ca/@thenewswire/alkane-resources-nears-kaiser-resource-upgrade-with
San Lorenzo Gold Exploration Update
https://ceo.ca/@thenewswire/san-lorenzo-gold-exploration-update-03683
Nuke power is a no brainer, especially if u have no cheap fossil fuels around……they have only had two major screw ups and the first in Chernobyl, was a combination of design and bad maintanance, the second Fujishima, was where the reactor was, in an earthquake zone and where a tsunami could hit …again stupidity.
The waste can be buried……under Green camps…it will keep them warm.
I see Gates has announced he is backing a Co Terra Power, who will use Sodium as a cooling agent, although that has been tried and found wanting in the past……someone smarter than me sugests, because Gates has no scientific education, he has backed the wrong option
Would not surprise me if he and Soros are shorting SMR……and getting banks to put out lousy targets, plus useing dodgy research Co’s to put our bad news…..
