Odds are good that Hezbolla will get involved
and after that … who knows
Iran FM Meets Nasrallah, Threatens To Open Hezbollah War With Israel If ‘Brutality’ Against Gaza Doesn’t Cease
Ipso
Possibly but then we have QE going on for every other country and illegal migrants perhaps even supporting future enemy’s Tet part two. The world, even Iran except putting it back in our economy. Then to find out they were supporting Ukraines whole country’s bills, giving our money to their banks, pensions, government workers, housing and even small businesses someone I know added. That’s unheard of! Meanwhile citizens struggling here because of it.
goldielocks
“ending QT” Ending tightening cycle. Possibly
Out for a while.
Ipso
Will it though when they need to print more money for war. Seemed like a coincidence that the bond market started to turn abound the same time as the attack on Israel. But I also remember the mayhem going on in the Mid East during Obama and then ISIS and gold reached new highs. I wasn’t sure if there was any correlation then other than Armstrong’s mention that gold goes up where they’re loss of confidence in the government. But then we’ve had loss of confidence for a long time especially after 911 when we were kept in the dark until the internet and independent journalist et all started up.
But last two yrs the confidence in Gov has tanked but after the spike after the Covid gold went with the confidence then the interest rates
Pieces coming together maybe?
Shares are up on really heavy volume, almost a buying panic, and this with the dollar up and the Nasdaq down, with the DOW now starting to fade. Let’s hope it sticks.
Bitcoin doesn’t seem to be the “go to” asset today. I wonder why?
Even oil is moderating, sitting right at $86.
Appears to pm’s today above everything else. I’ve not seen this – ever. You guys might remember 2000-02′ better than I do.
Like I said though, hope it sticks.
Bought some more Ascot Resources AOTVF
Located in Canada, supposed to have first pour in the first quarter of 2024. On the negative side they have a lot of shares out.
Sure been knocked down in the past year!
goldielocks
The PMs seem to think that QT is over!
Alex Valdor
Kudos! ![]()
Ipso Bonds
Bonds very well could be a cause for gold to rise. But will the Fed Pivot yet or wait to see or continue its rate hike. Do we get volatility for awhile? Or should I say a while longer?
IPSO re: your 23:06 response last evening
Yes , I can honestly say that I did my tiny part in keeping the lights on at reasonable cost in parts of four continents where I’d had lengthy assignments , and met some wonderful folks along the way . Even made a friendship with a gentleman from a fifth continent whom we invited to dine in our home , who had questions to discuss about a presentation I made at an international conference at the time.
We won! LOL
This quote will age as well as September 1929 quote-After prices peaked, economist Irving Fisher proclaimed, “stock prices have reached 'what looks like a permanently high plateau. '” @GoldTelegraph_ https://t.co/LC19OEilDr
— Frank Giustra (@Frank_Giustra) October 12, 2023
Samb @ 9:35
“Short covering” Well it’s sure good to see … especially after yesterday’s pasting.
Ipso @ 9:19
Short covering. Retail doesn’t have the firepower to move it this.
Moron Report
They will never admit that it is government policies or central bank monetary policies causing inflation.
It's always someone else. pic.twitter.com/2dp8FY5OCJ
— Wall Street Silver (@WallStreetSilv) October 13, 2023
So … this jump in gold is a delayed reaction to the Israeli-Palestinian war?
Something else?
Bond auction failures per Captain Hook?
Maddog @ 8:37
The Israeli’s were not “caught out”.
They have the best intelligence in the world.
Listen to Martin Armstrong for the full poop.
Gold is going up because of the 10 and 30 year bond auction failures this week.
Won’t be any test of the lows with that – signaling QT is done very soon, no more rate hikes, and an official pivot should be expected.
Cheers mate
Maya @ 2:29
Where the rubber meets the road!
… and they’re still pushing the jab! Incredible!
Newcrest investors strongly approve $17 billion Newmont takeover
https://finance.yahoo.com/news/newcrest-investors-approve-17-billion-004602809.html
Labrador Gold Intersects 1.81g/t Au Over 20.15 Metres at Dropkick, Extends Zone to 360 Metres
https://finance.yahoo.com/news/labrador-gold-intersects-1-81g-113000548.html
Mandalay Resources Announces Production and Sales Results for the Third Quarter of 2023
https://finance.yahoo.com/news/mandalay-resources-announces-production-sales-110000895.html
GR Silver Mining Announces Second & Final Tranche Closing of Non-Brokered Private Placement Financing
https://finance.yahoo.com/news/gr-silver-mining-announces-second-113000712.html
Guanajuato Silver Closes Previously Announced Shares for Debt Settlement
https://finance.yahoo.com/news/guanajuato-silver-closes-previously-announced-114700818.html
West Red Lake Gold (WRLG.V) High Grade Drill Results Confirm Geological Modeling at Rowan
https://finance.yahoo.com/news/west-red-lake-gold-wrlg-120127002.html
Aton Drills High Grade Gold Mineralisation at Semna, Including 14.63 g/t Au over an Interval of 12 metres
https://ceo.ca/@accesswire/aton-drills-high-grade-gold-mineralisation-at-semna
SILVER MOUNTAIN ANNOUNCES NON-BROKERED UNIT OFFERING OF UP TO USD$3 MILLION
https://ceo.ca/@newswire/silver-mountain-announces-non-brokered-unit-offering
Highlander Silver Announces Effective Date for Share Consolidation
https://ceo.ca/@thenewswire/highlander-silver-announces-effective-date-for-share
Resouro Gold Inc. Announces Effective Date for the Name Change to Resouro Strategic Metals Inc.
https://ceo.ca/@newsfile/resouro-gold-inc-announces-effective-date-for-the
Bear Creek Mining Announces Non-Exercise of Over-Allotment Option and Listing of Warrants
https://ceo.ca/@newsfile/bear-creek-mining-announces-non-exercise-of-over-allotment
Sunday Creek Mineralised Footprint Extended To 8 km and Remains Open High Grades Include 0.5 m @ 15.7 g/t, 0.3 m @ 19.4 g/t Gold Mineralization Style Same as Main Zone
https://ceo.ca/@accesswire/sunday-creek-mineralised-footprint-extended-to-8-km
LUNDIN GOLD REPORTS PRODUCTION OF 112,212 OUNCES OF GOLD IN THE THIRD QUARTER OF 2023
https://ceo.ca/@newswire/lundin-gold-reports-production-of-112212-ounces-of
Osisko Announces Hydroelectric Power Allocation for Windfall
https://ceo.ca/@globenewswire/osisko-announces-hydroelectric-power-allocation-for
West Vault Mining Granted 1% Royalty on Prospective Property Adjacent to Hasbrouck, Nevada
https://ceo.ca/@newsfile/west-vault-mining-granted-1-royalty-on-prospective
Grizzly Reports the First Sample Results for the New Work at the Midway, Imperial and Copper Mountain Areas of the Greenwood, BC Precious and Battery Metals Project
https://ceo.ca/@newsfile/grizzly-reports-the-first-sample-results-for-the-new
Buygold
I think that you’re “spot on” with your analysis. The Globalists and neocons are in charge, and
they think that they can take out the Russians, the Chinese and anyone else who stands in their
way……..They’re trying to speed up the execution of their plan because they also know that
there’s way too much debt and the present financial system is going to implode.
I wish I could be more positive about everything. We’ll all have to hunker down and find ways
to get through all of this. I’m thankful for this forum and the ideas that are generated here…..
Hi Mr. Copper
This war feels different to me for a lot of reasons, the biggest being that we’ve allowed at least 7 million men into our country, and our military is ill-equipped to fight a war on several fronts. To me, it seems the Globalists want Armageddon, and they want the US destroyed from within.
As far as gold goes this am, I guess we’ll just have to start with spot getting above $1900. We’ve been beaten down for so long I don’t trust any rallies to stick. Give us a plus $100 and maybe I’ll start to believe.
Buygold
The strength is surprising though, especially since the banks were still heavily short both metals.
There was a bear raid going on in the Oil sector, as well…..maybe the scums mates have all been caught short, all round….the Israeli’s were certainly caught out….
@Richie re 23:51 Improve Cognitive Function
My wife used to say, the bigger the explanation the bigger the lie.
@ Buygold re your “The Gold strength is surprising though,
Gold broke above $2000/oz several times, as if one of these days it’s going to take off thru $2500. So it makes sense to bash it down first so they can buy more, it takes off from a lower level rather than a higher level.
Gold chart above $2000, bashed down three times. This to me is not a triple top. It’s the bankers fighting and failing three times.
