Loading ...Your right. He’s always been a corrupt creep and perfect vessel for evil on the side lines buying more political and judicial corruption and media companies.
If it wasn’t Joe all the demos have is more of the same.
One of the assumptions of the border was they hope for a terror attack so they can lock down the public again to interfere with elections.
Roger that!
It’s perfect “cover” for the evil ones pulling the strings. They lurk in the background and Dementia Joe
takes all the blame. The Demonrats (and the Deep State) are so so evil!!!!
— illuminatibot (@iluminatibot) January 25, 2024
The Democrats policy’s are so destructive it boggles the mind … and Dementia Joe is a travesty.
He’s so bad that I wonder if he’s going to be their candidate for 2024?
Pfizer Covid Vaccine Inventor Struck Down By Facial Paralysis – Media Blackout
Pfizer Covid Vaccine Inventor Struck Down By Facial Paralysis – Media Blackout
The demos motto. Make America poor again.
What is their alternative, plan or strategy? They only interpret. Why they are more concerned about the safety of a illegal invasion who has no rules or respect over the safety of their own country? I wonder where it is in our constitution it’s gives instructions on what they can and can’t use for barriers. The pros and cons of separation of power when the power chosen for our borders has gone rogue. They better watch out with their own barriers now.
I can see the starting of states succeeding from the US. Texas has it come up everyday.
True on currency but it doesn’t say it will make you rich but can assure it should have value.
The stocks are speculative after it broke it’s long term support line after too many people found out about it like a over crowded balcony along with would be non producing miners and scams jumping in and economic changes including ETFs it collapsed and turned into speculative trades to get in and out at the right time. I guess like dollars people would be better off finding out how much of the actual coin is floating vs demand and why they’d buy it.
One thing in common first gold then Bitcoin is how rare and how difficult to get and hold on to will bring up it’s price and two, if it can be diluted.
Life Boat noticed a place where a rare form of stone could be gathered and used as currency. Enough of it could make you rich. I forget the name of it. It was hard to come by and couldn’t be diluted. It’s good to know they could go off the currency control grid and do well.
The US Supreme Court in 2024 …
Why are they doing this ? pic.twitter.com/B8kdnjCOl4
— Wall Street Silver (@WallStreetSilv) January 25, 2024
RE: “Can’t believe I fell for such bullpucky”
Welcome back – it is good to see you posting again. You were missed!
It’s probably not my place to say anything about how you “fell for” gold, but that has seldom swayed me from commenting anyway?, so I will venture that somewhere along the line you made a rational decision – after observing the creation of unfathomable quantities of fiat currencies created ‘out of thin air as debt”.
The decision being that PMs are the logical choice as the best medium of exchange – period!
It was as true in Aristotle’s day as it is today.
The best Medium of Exchange has specific properties that only Precious metals can satisty:
Just my Two Cents (copper only please)
Cheers, DRB
any rally evaporates…..
NOVAGOLD Reports Fiscal Year 2023 Financial Results
https://finance.yahoo.com/news/novagold-reports-fiscal-2023-financial-220500745.html
i-80 Gold Reports High-Grade Drill Results from the FAD Deposit at Ruby Hill
https://finance.yahoo.com/news/80-gold-reports-high-grade-110000868.html
Cabral Gold Drills 23m @ 1.1 g/t gold in Near-Surface Oxidized Material from the Machichie Gold Discovery, Cuiú Cuiú Gold District, Brazil
https://finance.yahoo.com/news/cabral-gold-drills-23m-1-113000053.html
Labrador Gold Intersects 0.87g/t Au Over 55.9 Metres at New HM Occurrence Includes 38.37g/t Au Over 0.8 Meters
https://finance.yahoo.com/news/labrador-gold-intersects-0-87g-120000995.html
Gold Terra has Resumed Its 2024 Deep Drilling Program Below the High-Grade Con Deposit, Con Mine Option Property, NWT
https://ceo.ca/@accesswire/gold-terra-has-resumed-its-2024-deep-drilling-program
T2 Metals Reports High Grade Polymetallic Drill Results at Its Sherridon VHMS Project, Manitoba
https://ceo.ca/@newsfile/t2-metals-reports-high-grade-polymetallic-drill-results
Zodiac Gold Inc. and 1329306 B.C. Ltd. Announce Completion of Reverse Takeover
https://ceo.ca/@thenewswire/zodiac-gold-inc-and-1329306-bc-ltd-announce-completion
SILVERFISH ANNOUNCES NAME AND SYMBOL CHANGE
https://ceo.ca/@globenewswire/silverfish-announces-name-and-symbol-change
Plato Gold Announces Results of 2-Hole Drill Program on the Marriott Gold Property, Matheson, Ontario
https://ceo.ca/@globenewswire/plato-gold-announces-results-of-2-hole-drill-program
Kootenay Silver Announces Updated Mineral Resource Estimate for La Cigarra Project, Chihuahua Mexico
https://ceo.ca/@newswire/kootenay-silver-announces-updated-mineral-resource
Signal Gold Further Consolidates the Goldboro Gold District, Acquires Prospective Land Contiguous to Goldboro
https://ceo.ca/@accesswire/signal-gold-further-consolidates-the-goldboro-gold
Orla Mining Provides an Update on Infill Drilling at Camino Rojo Sulphides Deposit with Multiple Highly Positive Drill Intersections
https://ceo.ca/@newswire/orla-mining-provides-an-update-on-infill-drilling-at
Besra Gold Inc. Announces: Increases ownership of the Bau Gold Project
https://ceo.ca/@newsfile/besra-gold-inc-announces-increases-ownership-of-the
Silvercorp Receives TSX Conditional Approval in Connection with OreCorp Offer
https://ceo.ca/@newswire/silvercorp-receives-tsx-conditional-approval-in-connection
Norseman Silver Inc. Announces Name Change
https://ceo.ca/@thenewswire/norseman-silver-inc-announces-name-change
Baru Gold Announces Private Placement
https://ceo.ca/@thenewswire/baru-gold-announces-private-placement-06da5
Canadian Silver Hunter Completes Sale of Lost Dog Property
https://ceo.ca/@newsfile/canadian-silver-hunter-completes-sale-of-lost-dog-property
Dundee Precious Metals Files Technical Report on the Čoka Rakita Gold Project
https://ceo.ca/@globenewswire/dundee-precious-metals-files-technical-report-on-the-c0299
First Mining Files Final Base Shelf Prospectus and Registration Statement
https://ceo.ca/@newswire/first-mining-files-final-base-shelf-prospectus-and-8e8e2
Great Eagle Gold Corp. Announces Frankfurt Stock Exchange Listing
https://ceo.ca/@newsfile/great-eagle-gold-corp-announces-frankfurt-stock-exchange
Calibre Completes Acquisition of Marathon
https://ceo.ca/@globenewswire/calibre-completes-acquisition-of-marathon
XAU Resources Inc. Announces Amendment to Option Agreement for the Noseno Property in Guyana
https://ceo.ca/@newsfile/xau-resources-inc-announces-amendment-to-option-agreement
Greg Hunter and Martin Armstrong discuss economy, politics, and diseases.
Greg pretty much controls himself.
What will be the high for silver in 2024?
over $30 (55%, 16 Votes)
$24 to $25 (10%, 3 Votes)
$27 to $28 (10%, 3 Votes)
$28 to $29 (10%, 3 Votes)
$25 to $26 (7%, 2 Votes)
$26 to $27 (3%, 1 Votes)
$29 to $30 (3%, 1 Votes)
Total Voters: 29
That’s just peachy. Tick Tick
Iran is now a ‘legitimate target’ for Israeli missile strikes, senior minister says
https://news.yahoo.com/iran-now-legitimate-target-israeli-172253416.html
— illuminatibot (@iluminatibot) January 24, 2024
Course, the problem with futures is you can’t sell gold or silver for that price. Even so, you don’t see action like that in any other market where something breaks out to new highs and then reverses. That happens in this sector every single time.
The problem with the miners is earnings, their assets in the ground don’t matter unless they are an explorer. The problem with explorers is they are a crapshoot. Ipso does as well as anyone I’ve seen at picking them, but 98% of them are garbage.
PM shares were good until 2006, the metals were good until 2011. That was the time to get out and stay out. They are not a safety play or even a conservative play, they are a speculative money pit. The safe bets are large cap tech and pharma stocks because that’s where all the big money is. They’ve gone up endlessly for 13 years. The QQQ’s are up 10 fold. Gold would literally have to go to 20K and silver to $200 just to keep pace.
The biggest foolishness was to ever think the dollar would collapse.
and no, physical metals will not save us, if we get to that point, we’re all starving and we can’t eat it. Can’t believe I fell for such bullpucky.
Skyrocketing Gold/Silver Ratio Suggests Stormy Economic Seas Ahead
(USAGOLD – 1/24/2024) Gold prices were up earlier this morning but have since reversed. Investors are exercising caution as they await crucial US economic data, including the Q4 GDP announcement on Thursday and the Core PCE Price Index release on Friday, which will provide more clarity on market direction.
Gold is trading at $2025.57, down $3.71. Silver is trading at $22.67, up 23 cents.. The gold/silver ratio is a financial metric that compares the relative value of gold to silver, indicating how many ounces of silver it takes to purchase one ounce of gold. Historically, this ratio has fluctuated, reflecting various economic and market conditions.
The average gold/silver ratio since the year 2000 is approximately 65:1. When the gold/silver ratio exceeds 90:1, it often signals turbulent times ahead. In recent years, the ratio was above 90:1 during the COVID crash of 2020 and the March Bank Failures of 2023.
This high ratio typically indicates that investors are favoring gold over silver, which is often seen as a less stable investment. Gold is traditionally viewed as a safe-haven asset during times of economic uncertainty, political tensions, or financial instability. Therefore, a significantly high gold/silver ratio can be interpreted as a lack of investor confidence in the economy, suggesting that investors are bracing for potentially challenging economic conditions.
You were right about giving up yesterday’s highs today. I used the chart below that shows an intraday high of $2152, on Dec 4th. Put the mouse on that day bar and look at the top. On that same day it closed down at $47.50.
Opened at $2094, high $2152, low $2038 and closed at $2042.
https://finviz.com/futures_charts.ashx?t=GC&p=d
Silver yes is now an industrial metal. Plus its a byproduct of other miners. maybe Silver’s price is where it belongs? 23 times where it was. Gold was I think $140 back in 1975 so $140 times 20 it should be $2800. Pretty much everything is 20X more from that era.
The big problem is with the shares. There was a guy on tv last week talking about that and recommending them because they are soooo undervalued. I think they’ll come back strong some day. Anybody that bought physical gold back in 2008 at aroud $800 is doing ok.
Gold never hit $2150, nor has it been above $2100.
Careful patting yourself on the back for correct calls, the pm market makes fools of market mavens because it’s a rigged market. Don’t be so sure they won’t take it back below $2K either, they always take this stuff lower than anyone thinks possible. The banksters have a lot of paper shorts on the table now and they will make money on them, they always do.
I disagree about silver, at least where the shares are concerned. Silver tracks the HUI better than gold and it always has.
Silver is kept in the tank because of its industrial uses, to keep tech widgets cheap. Supply and demand are meaningless. Foreign demand for gold is also meaningless. Paper has always controlled the price of both metals.
I am not by any means hoping that the metals go down, nor am I patting myself on the back for saying we’d give yesterday’s gains back today. We just always do.
This is a sucker’s game and goldbugs are the marks.
I’ll crawl back in my hole now.
Texas Military Department Not Allowing Border Patrol to Cut Wire in Shelby Park
The Texas Military Department will not allow the border patrol to enter Shelby Park in Eagle Pass to cut the razor wire on the border.
The state took over Shelby Park, a public park on the Rio Grande, due to the lack of federal security on our border.
The Supreme Court decided 5-4 to vacate the injunction that prevented the agents from cutting the wire installed by Texas.
I don’t think Silver is the key anymore. Its been lagging gold a long time. If anything, I think gold going higher will drag silver up.
Re your “we’ve been on lockdown for the last 13 years” that trend bottomed in early 2016, and I called it back then at $1160. The next bottom $1622 I called it was around Oct 2022. The most recent low was around $1845 in September October. and I called that bottom too. And that break out to $2150, convinced me Gold will continue higher above $2100 and we’ll probably never see it below $2000 ever again. Unless the idiots raise rates to 10% plus.
