Posted by Maddog
@ 4:06 on September 24, 2024
The first chart a Quarterly shows just how far the ratio has fallen….0.0665 to .0154 at present…… but now has a very good base to rally off ……and if we do get back to where it was, means the Hui/GDX will more than quadruple , if Gold just stay here.
The second chart a monthly show we still have a lot of work to do, to break out of the base, which in turn says this bull has a lot longer to run yet….and then when one looks at the Quarterly, it say the Bull in the shares hasn’t really started……


Posted by goldielocks
@ 23:29 on September 23, 2024
It’s not the first time I’ve heard this. I don’t know who you talked to but brokers know more about things than the customer care people who answer the phone. Good thing you bought at least 500 shares. I hope they do well.
Posted by ipso facto
@ 21:58 on September 23, 2024
When I talked to the rep he said that the high cost was because the deal was done on the Aussie exchange. I got the impression it was a flat fee. If I’d been buying thousands of shares the cost would have been the same.
Posted by ipso facto
@ 21:55 on September 23, 2024
I think you’re right, the retail buyer is nowhere to be seen. The price is being driven mostly by the central banks … and they want a lot!
Posted by goldielocks
@ 21:18 on September 23, 2024
US Gears Up for ‘Homeland Defense’ as Russia, China Warships Reach Pacific
ARussian-Chinese flotilla sailed toward the Northern Pacific Ocean on Monday while the United States deployed two warships for homeland defense operations to protect Alaska
According to the Japanese Defense Ministry, a total of nine Russian and Chinese warships transited the La Perouse Strait, a designated international waterway known as the Soya Strait, eastward from the Sea of Japan to the Sea of Okhotsk from Sunday to Monday.
…
Posted by deer79
@ 20:51 on September 23, 2024
Based on my experience on the trading floor ( albeit it was quite a few years ago) Goldman was one of the scummiest firms out there…..
Wouldn’t put it past them to try and suck in a few more lambs….
Posted by goldielocks
@ 20:45 on September 23, 2024
Your right about Americans last. They don’t understand it as well as other countries who had currency changes when ours didn’t cancel all these years before the current cancel culture anyways. It’s already getting too late for many at current prices. Even my Japanese friend recognizes it. I gave her a silver eagle for a gift years ago and her grandson one at birth and a Aussie Koala for his first year. She still watches it. Although if the nukes go off it won’t matter much and hope the survivors find the instigators dug out.
Posted by goldielocks
@ 20:34 on September 23, 2024
It looks like it cost .10 cents a share. You should call them find out just how they calculated that or say I would. Hope they warned you before you hit that button.
Posted by Buygold
@ 19:31 on September 23, 2024
The surge is just getting started…
Posted by Buygold
@ 19:28 on September 23, 2024
Ipso- that is interesting. So, retail money is nowhere to be found then? I’m pretty sure they’re not buying physical yet. Americans will be the last to buy when the tsunami hits. Crypto is all the rage or it’s managed 401K’s and pensions that have zero exposure to pm’s. They won’t be able to get it fast enough.
Maddog – hopefully you’re in the vapor zone. That’s all our lives really are anyway. I have no desire to try to live through a nuclear war.
Posted by Maddog
@ 19:16 on September 23, 2024
Posted by ipso facto
@ 17:10 on September 23, 2024
“Something remarkable happened to the price of gold back in early 2022 around the time of the Ukraine war: having previously tracked gold ETF inflows to the tick, the price of gold suddenly disconnected and exploded higher even as “paper gold” as some call it, slumped. We showed this for the first time back in April with the following chart which showed the clear decoupling between paper and physical gold in 2022.”
https://www.zerohedge.com/markets/goldman-commodity-desk-gold-buying-our-desk-has-been-relentless-and-silver-starting-move
Posted by ipso facto
@ 16:11 on September 23, 2024
Sometimes everyone is a “babe in the woods.” LOL
Posted by Maddog
@ 13:51 on September 23, 2024
Re Aussie stox
U don’t want to see what FX rate they use to buy the Aussie dollars……..
Posted by Buygold
@ 12:32 on September 23, 2024
They’re giving them a light volume bleed down. Seems everything pm is tied to silver.
Posted by ipso facto
@ 12:32 on September 23, 2024
Supposedly it’s because they are Australian “a foreign stock” Only US and Canadian stocks get the low rates.
$50 I guess was the minimum commission to get this deal done. Don’t think I’ll buy or sell this one much!
Cheers
Posted by Maddog
@ 12:31 on September 23, 2024
Posted by goldielocks
@ 12:28 on September 23, 2024
One things good about the Gov making them think their poor because someone else is rich instead of their policy’s and tax the rich not us and they’ll fix all their problems and they just get poorer under their policy’s they’re gonna maybe come for them next.
Posted by goldielocks
@ 12:09 on September 23, 2024
Wow they charged you per share????
Posted by eeos
@ 12:06 on September 23, 2024
I was over at Ameritrade for 20 years because I knew this was a turd trading institute. CS is a fraud, the paper game gets scarier every day.
Posted by Buygold
@ 10:48 on September 23, 2024
But shares still firm. I think we have to like the way the shares are acting in terms of future metals prices. So far anyway.
Didn’t realize the dollar has given up almost all its gains
Posted by Buygold
@ 10:33 on September 23, 2024
I missed something in Israel? Why on earth would they make ownership illegal in a country that will no doubt end up needing it more than anyone?
Do the Rothschilds presume to believe they can pull the plug on God’s land? “Those who say they are Jews and are not, but are of the Synagogue of Satan” Christ’s words. He knows them very well.
Just seems to me that things are coming to a head very soon.
Posted by ipso facto
@ 10:12 on September 23, 2024
Philly is having difficulty even recruiting police officers to work there any more. Police officers are leaving to work in less stressful areas.
https://x.com/WallStreetSilv/status/1838201468773450120
Posted by Captain Hook
@ 9:58 on September 23, 2024
That’s for sure.
Looks like the Rothschilds (and friends) made gold and silver ownership illegal in Israel overnight which they used in London to knock the metals down – ESPECIALLY silver.
This how you know they are fake joos – because they don’t give a flying F about the jooish people. (the most vaxed population in the world)
Anywho – let’s hope they can’t pull that shit off in bigger economies – no? And hopefully it gets rescinded in Israel too – as hyperinflation is coming.
So it’s great to see silver challenging $31 again.
Looks like if it can push above the key round number resistance it could pop.
Buy lots if that’s the kind of thing you are into.
Chuckle
Posted by ipso facto
@ 9:46 on September 23, 2024