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— Wall Street Silver (@WallStreetSilv) February 2, 2024
Scum Report
75% Of House Democrats Voted Against Deporting Criminal Migrants Who Commit Social Security Fraud
Buygold
Good morning BG. It would not surprise me if gold goes on a multi-year run. However it also would not surprise me if there are multi-year corrections even mini bear markets within that longer time frame. So I am setting somewhat modest targets at which I will sell all/most. Probably late summer or so. My investing horizon is short and there is no buy and hold for me.
Enjoying a beautiful sunny morning with an expected high today near 70.
aurum
OceanaGold Files Preliminary Prospectus for Didipio Initial Public Offering and Provides Underground Optimization Update, 2023 Reserves and Resources and Exploration Update at Didipio
American Creek’s JV Partner Tudor Gold Identifies High-Grade Gold Breccia System at the Goldstorm Deposit, Treaty Creek, Golden Triangle British Columbia
https://ceo.ca/@newsfile/american-creeks-jv-partner-tudor-gold-identifies-high-grade
Silvercorp Receives Tanzanian FCC Approval and Provides Further Updates on OreCorp Offer
https://ceo.ca/@newswire/silvercorp-receives-tanzanian-fcc-approval-and-provides
Endeavour Mining: Company Investigated by the Portnoy Law Firm
https://ceo.ca/@globenewswire/endeavour-mining-company-investigated-by-the-portnoy
Kootenay Silver Announces $2.5 Million Non-Brokered Private Placement of Units
https://ceo.ca/@newswire/kootenay-silver-announces-25-million-non-brokered
Green River Gold Corp. Announces Non-Brokered Private Placement Offering of Units
https://ceo.ca/@newsfile/green-river-gold-corp-announces-non-brokered-private-775b9
Portofino Amends South of Otter, Red Lake Agreement
https://ceo.ca/@newsfile/portofino-amends-south-of-otter-red-lake-agreement
Golden Cariboo Announces Effective Date For Share Consolidation
https://ceo.ca/@thenewswire/golden-cariboo-announces-effective-date-for-share-consolidation
Cordoba Minerals Announces Filing of NI 43-101 Feasibility Study Technical Report for the Alacran Project in Colombia
https://ceo.ca/@newsfile/cordoba-minerals-announces-filing-of-ni-43-101-feasibility
High-Grade Gold Breccia System Located at the Goldstorm Deposit, Treaty Creek Project, Golden Triangle, British Columbia
https://ceo.ca/@thenewswire/high-grade-gold-breccia-system-located-at-the-goldstorm
Fortune Minerals Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project
https://ceo.ca/@businesswire/fortune-minerals-extends-option-to-acquire-alberta
Morning Mr Copper, Maddog, Goldie
Mr Copper – let’s hope we never see below $2K again and we go on a multi-year run. We’d have to, just to play catch-up. I suppose we’ll find out if anything has changed this morning after the jobs report comes out. The norm would be that we sell off and give back yesterdays’ gains. I don’t know, we’ll see.
Maddog – first, thanks for helping Ipso here. I’ve never been much help to him anyway, so very glad you are on board! I don’t see how Trump loses except for the rigged voting or no election at all, or they end him. If they know this, then maybe they just crash the economy and get us deeper into various wars, and then blame him. As for the dollar, there’s still nothing to replace it with. The globalists desperately need the one world currency, but that is likely problematic for the BRICS. These are shaky times.
Goldie – I haven’t followed the goings on in SoCal, been out of there for 15 years now. I probably do know folks on Sunset Beach, God Bless them if that shoreline is eroding.
Buygold
If you have friend left in Seal Beach or San Diego surfs still up via pineapple express. Land slide warnings. As you know in Seal Beach, Sunset beach et. all there’s houses right there on the beach.
t
test
That would be unexpected …by me anyways
Oil Plunges On Report Israel, Hamas Have Agreed To Major Ceasefire Deal
Just checked Gold in Rupees…that too is near all time Hi, as is Euro
So that adds another 2 billion plus people as potential buyers….
Mr Copper/Buygold
This action is very much the one when you see serious phys buying in the Far East o/n…..the Far East buyers buy and that leaves the dealers short, as they cannot find enough Gold in the Far East to cover their shorts without driving the price way up…so they cover some in London…but the bulk they buy once NY/Crimex is open….that is when the mkt is most liquid……but as we can see the mkt cannot find the Gold without driving up prices.
The Japanese are buying Gold as their Yen falls apart and that looks like it has miles still to go..as Dollar/Yen is breaking up from a 36 year Saucer base, that counts to 400 plus….And the Chinese seem to be throwing in the towel, on their SM tks to Xi announcing he is staying forever as their Dictator and running to Gold ……Both Yen and Yuan Gold are at all time record Hi’s, give a penny or two.
@Buygold @Maddog
Roger those. I added to that prior post. Plus a lot of the miners are 60% to 70% institutionally owned. When they see Gold go thru $2100 into the $2200s or $2300s, they and everybody else will notice, and start plowing into the miners, and drive them sky high. Just like the good ole days. $2100 to $2300 is only 9%.
I vote for Mr Copper to be Fed head and then he can trade the US out of the shiite.
Great call Mr Copper.
Mr Copper- yes
2nd day in a row pm’s have outperformed the stock market. Go figure
@Buygold re Gold Bashings
By the looks of the gold chart, it looks like the banks or gov’ts bash it down first, then they and other physical buyers, buy it cheaper and drive it back up. Three days in a row.
https://finviz.com/futures_charts.ashx?t=METALS&p=h
Besides that, in my view, Gold is going to blow thru $2100, soon, and never look back. Probably never see below $2000 again.
Also the miners have totally underperformed Gold prices and are way way under valued. Compared to earnings and the value of their real estate with under ground Gold gaining value.
Almost said something positive
But it looks like the scum is about to work their usual magic.
Gold moving like it shud tks to the Fed….that sell off was scum madness …..
plus all that far east buying from China and Japan.
Oh so yummy!
— Marcel (@Cel_on_X) February 1, 2024