Looks a lot better than the $32 on spot. Funny how $32 doesn’t even seem like much anymore – less than 1%

There’s a big discrepancy between the GDX and HUI today. There must be a HUI component that is dragging it down, I’m just not sure which one.

They are fighting us for every inch. If that dollar moves up at all, they hit us immediately. But I’m watching NEM, KGC, B & AEM this am, they take a hit and then come right back. My gut says we are going to break away from this pretty soon. Maybe it’s just hopium.

🙂

OSINTdefender
@sentdefender
·
13h
According to CBS News, U.S. officials have been told Israel is now “fully ready” to launch an operation into Iran, with this being a primary reason for the announced evacuation of the U.S. Embassy in Baghdad and General Consulate in Erbil, as well as the departure of military dependents from the Middle East. U.S. officials are concerned that Iran could launch attacks against U.S. bases and assets in the region in response to a strike against its nuclear facilities by Israel.

https://x.com/wmiddelkoop

Unknown cause. 242 passengers

The dollar being shoved lower.

Not helping the metals though, they are being locked down. It is helping the SM a little – tech mostly.

Everyone now looking for a rate cut, which gives them even further incentive to lock the metals down. We’ve been getting screwed vs. the dollar since Monday. They owe us bigly, but we might not see it for another week.

Same old, until it’s not. Apparently, London is tits short silver right now. $40 seems light if this were to blow. But somehow, they’ll find a way or create a rule that will get them out of trouble.

Silver will see ‘mini-squeeze events’ to address London-New York imbalance, price could hit $40 this year – TD Securities’ Ghali | Kitco News

Condor Resources Announces Approval of DIA for Cobreorco Project in Peru

https://pro.ceo.ca/@accesswire/condor-resources-announces-approval-of-dia-for-cobreorco

Cassiar Gold Announces a Significant Increase to the Mineral Resource Estimate at the Taurus Deposit

https://pro.ceo.ca/@newsfile/cassiar-gold-announces-a-significant-increase-to-the

Honey Badger Announces Summer Plans to Explore Exciting New Silver and Gold Targets at Plata

https://pro.ceo.ca/@newsfile/honey-badger-announces-summer-plans-to-explore-exciting

Adyton Reports Update on Feni Island Gold-Copper Project Drilling

https://pro.ceo.ca/@newsfile/adyton-reports-update-on-feni-island-gold-copper-project

Onyx Gold Reports Second Drill Turning at the Munro-Croesus Project; Welcomes Gold Fields as a Strategic Investor

https://pro.ceo.ca/@newsfile/onyx-gold-reports-second-drill-turning-at-the-munro-croesus

Silver Storm Commences Trading on the OTCQB Venture Market

https://pro.ceo.ca/@businesswire/silver-storm-commences-trading-on-the-otcqb-venture

Thesis Gold Announces C$20 Million Bought Deal Private Placement

https://pro.ceo.ca/@globenewswire/thesis-gold-announces-c20-million-bought-deal-private

TDG Gold Mobilizes Field Team to Greater Shasta-Newberry Copper-Gold Project, Toodoggone

https://pro.ceo.ca/@accesswire/tdg-gold-mobilizes-field-team-to-greater-shasta-newberry

Churchill Reports Very High-Grade Results of 35.1% and 29.7% Antimony and 14.4 g/t Gold at the Black Raven Past-Producers, Central Newfoundland

https://pro.ceo.ca/@globenewswire/churchill-reports-very-high-grade-results-of-351

GT Resources – Copper – Palladium – Platinum (“PGE”) Project Updates

https://pro.ceo.ca/@newsfile/gt-resources-copper-palladium-platinum-pge

Harvest Gold Identifies 15 Primary And 10 Secondary Targets For Its Diamond Drill Program At Its Mosseau Project In Quebec

https://pro.ceo.ca/@thenewswire/harvest-gold-identifies-15-primary-and-10-secondary

Cerrado Gold Begins Underground Operations at Its Minera Don Nicolas Mine

https://pro.ceo.ca/@accesswire/cerrado-gold-begins-underground-operations-at-its-minera

Torex Gold Releases 2024 Responsible Gold Mining Report

https://pro.ceo.ca/@newsfile/torex-gold-releases-2024-responsible-gold-mining-report

Lake Victoria Gold Positioned to Benefit as Barrick Expands 2025 Drill Campaign

https://pro.ceo.ca/@newsfile/lake-victoria-gold-positioned-to-benefit-as-barrick

NevGold Extends Oxide Gold-Antimony Mineralization Over 1.7 Kilometers at Cadillac Valley Target: 2.28 g/t AuEq Over 30.5 Meters (1.29 g/t Au And 0.22% Antimony) Within 1.61 g/t AuEq Over 61.0 Meters (1.08 g/t Au And 0.12% Antimony)

https://pro.ceo.ca/@globenewswire/nevgold-extends-oxide-gold-antimony-mineralization

Electrum Discovery Identifies New Mineralised Trends and Refines Targeting with Magnetic Survey

https://pro.ceo.ca/@thenewswire/electrum-discovery-identifies-new-mineralised-trends

Osisko Development Files NI 43-101 Feasibility Study Technical Report for the Cariboo Gold Project

https://pro.ceo.ca/@globenewswire/osisko-development-files-ni-43-101-feasibility-study

Fortuna Completes Strategic Investment in Awalé Resources Limited and Files Early Warning Report

https://pro.ceo.ca/@globenewswire/fortuna-completes-strategic-investment-in-awal-resources

Generation Mining Announces $10 Million Bought Deal Financing

https://pro.ceo.ca/@newswire/generation-mining-announces-10-million-bought-deal

Equinox Gold Provides Updated 2025 Gold Production and Cost Guidance, 2025 Full-year Pro Forma Guidance, Including Calibre Mining Assets, of 785,000 – 915,000 Ounces of Gold, Greenstone Mine Expecting Strong H2 2025

https://pro.ceo.ca/@newsfile/equinox-gold-provides-updated-2025-gold-production

New Gold Announces Redemption of Remaining Outstanding 7.50% Senior Notes

https://pro.ceo.ca/@newswire/new-gold-announces-redemption-of-remaining-outstanding

GoldQuest Receives Environmental Terms of Reference for Flagship Romero Project in the Dominican Republic

https://pro.ceo.ca/@newsfile/goldquest-receives-environmental-terms-of-reference

Perpetua Resources Announces US$300 Million Bought Deal Financing and US$100 Million Private Placement as part of Comprehensive Financing Package for Stibnite Gold Project

https://pro.ceo.ca/@newswire/perpetua-resources-announces-us300-million-bought

Sandstorm Gold Royalties Portfolio Drilling and Exploration Highlights

https://pro.ceo.ca/@newswire/sandstorm-gold-royalties-portfolio-drilling-and-exploration

Rumble Resources Announces Acquisition of Interest in the WILMAC Copper-Gold Project in Southeastern British Columbia and Concurrent Financing

https://pro.ceo.ca/@newsfile/rumble-resources-announces-acquisition-of-interest

Bayhorse Silver Confirms Strike Extensions 150 Meters (492ft) of Silver Mineralization at the Bayhorse Silver Mine, Oregon, USA. Plans Additional Underground Drilling Program to Extend New High Grade Drift Zone. Posts Baseline Permit Studies to Website

https://pro.ceo.ca/@newsfile/bayhorse-silver-confirms-strike-extensions-150-meters

Aya Gold and Silver Announces Upsize of Previously Announced Bought Deal to $125 Million

https://pro.ceo.ca/@globenewswire/aya-gold-and-silver-announces-upsize-of-previously

NuLegacy Gold Announces Effective Date of Share Consolidation

https://ceo.ca/content/sedar/NUG-2025-06-11-news-release-english-0eaf.pdf

Tier One Silver Announces Equity Financing of $4.1 M

https://pro.ceo.ca/@newsfile/tier-one-silver-announces-equity-financing-of-41

Silver Storm Closes Final Tranche of $12,012,000 Brokered Life Financing

https://pro.ceo.ca/@businesswire/silver-storm-closes-final-tranche-of-12012000-brokered

Pantera Silver Initiates Remote Satellite Survey on Rakanco Silver Project in Bolivia

https://pro.ceo.ca/@newsfile/pantera-silver-initiates-remote-satellite-survey-on

Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon

https://pro.ceo.ca/@newsfile/sitka-deepens-winter-drill-hole-and-intersects-650

Golden Rapture Signs 50/50 Partnership on the Bully Boy Mine Minerals Claims

https://pro.ceo.ca/@thenewswire/golden-rapture-signs-5050-partnership-on-the-bully

GMV Minerals Inc. Extends Exclusive Option to Acquire Mexican Hat Mining Claims – Commissions Updated Preliminary Economic Assessment

https://pro.ceo.ca/@accesswire/gmv-minerals-inc-extends-exclusive-option-to-acquire

Colibri Announces Effective Date of Share Consolidation

https://pro.ceo.ca/@newsfile/colibri-announces-effective-date-of-share-consolidation

Nice comeback for silver, but just not up yet. Gold has been pretty solid all night, but it’s come back and now up some too, but not enough yet.

The pm shares always know, they were strong into the close yesterday and strong this am when the metals were weak.

Looks like a weak open for the SM might be helping too. Bonds are being bought, 10 yr. @ 4.368%. Oil back around $67 down 2%. It had a pretty nice bounce. Bitcoin down $1600.

Right now, it looks like pm’s and bonds are the only game in town and things are working as they should be. Unfortunately, the scum is ever present and not allowing things to get out of hand to the upside.

PPI comes out in 30 minutes. No doubt it will probably have an impact.

We should be doing better than this though – as usual.

We were doing pretty well all night and then sometime in the last hour or two silver fell apart taking gold with it, although GLD is still up from the AH trading yesterday.

SM futures look slippery. The dollar is down, and rates are down a couple ticks. Oil is also down 1%

Oddly enough, large cap gold stocks are getting a bit of a bid in what I guess is Globex trading? Nothing crazy, GDX is up near 1%. OTOH, silver shares are down a bit, but not as much as I thought they would be. Miles to go before actual trading starts, but just a little odd to me.

Sounds like war is on the way in Iran. I guess these days war is always on the way, – or riots.

Private Varnish
https://www.railpictures.net/photo/881898/

https://apnews.com/article/colombia-uribe-assassination-attempt-hospital-0ac554c2a333a64b5e0dff996d25c13d

Brits give  response blame China and how it relates to the LA riots

That IS priceless!

Open Source Intel
@Osint613
Here’s what just went down — and it’s very interesting:

1. UK Maritime Trade issued a rare warning about rising tensions in the Gulf, Strait of Hormuz, and Gulf of Oman, citing potential military escalation that could directly affect shipping.

2. The US Embassy in Iraq is prepping for an ordered evacuation due to security threats.

3. The State Department is pulling nonessential staff and families from Bahrain and Kuwait.

4. U.S. military dependents in Bahrain have been cleared for temporary departure.

None of these moves came from Fleet Forces Command, meaning this likely came from the top, possibly the White House. Something serious is unfolding.

https://x.com/Osint613/status/1932866173592314284

Yep, gold over 40 percent since last June. Too fast might cause sell offs.

Platinum seemed to be a partial  seasonal move based on industrial need. Seems moving up later than before. From memory something your plant  mid summer or early fall and harvest in spring lol

It’s up 20% since June 2nd – 8 trading days.

I know it’s a thin market but why can’t gold, or especially silver make a move like that? We’ve seen that and more with Crypto and tech stocks for years.

Not complaining, we’re up 30-40% over the last year, but it sure seems like we have some catching up to do.

Maybe the revaluation is the answer, but wouldn’t all nations need to agree with a re-val? If we do get the revaluation, we can probably expect a nice windfall tax along with it.

Break down of the Government interfering with the Doctor patient care and the CDC and AMA  shills to big pharma lying to the people.

Why gold revaluation charts put prices at $25,000-$55,000 if history rhymes, silver poised for breakout: Crescat Capital Strategist

(Kitco News) – A rare convergence of gold demand from both Eastern and Western economies is fueling a significant rally in the precious metal, and silver is on the cusp of a major move back to its all-time highs, according to Tavi Costa, Partner & Macro Strategist at Crescat Capital.

Speaking at the PDAC 2025 conference in Toronto, Costa told Kitco News that historical comparisons suggest a dramatic revaluation of gold could be in store.

Costa highlighted his firm’s recent report, which examines the potential for gold prices to reach extraordinary levels if the U.S. were to revalue its gold inventory relative to outstanding Treasuries.

“To me, it comes down to the treasury. How much treasuries are outstanding out there – 36 trillion. How much do we own of gold?” Costa stated.

Currently, the value of U.S. gold reserves is about 2% of those Treasuries outstanding, compared to roughly 17% in the 1970s and close to 40% in the 1940s.

“And if we’re going to go back to the 17%, it takes us back to $25,000 dollars an ounce, or if we go back to the 40%, it’s close to $55,000 an ounce,” Costa explained, noting that these are not price targets but serve to illustrate the potential for significant valuation shifts.

He pointed out that central banks have been accumulating gold at 50-year highs since the global financial crisis, while U.S. gold reserves are at their lowest levels in 90 years. This divergence, Costa suggests, could pressure the U.S. to reconsider its gold policy.

Costa also expressed strong concerns about the overvaluation of the U.S. dollar, stating it is likely at its peak and at its most overvalued levels in history versus other currencies. He drew parallels to historical instances of dollar devaluation, such as the Plaza Accord in 1985 and the events of the 1930s.

“What we do know is that the dollar is at its peak, most likely. And that’s the key part of it. So, as an investor, you think, what do I do in that scenario?” he said. He suggests that a weaker dollar would be a “green light to a lot of asset classes that have been ignored for a long time,” including emerging markets and natural resources.

Regarding silver, Costa sees it as being “on the verge of a significant move back to its all-time highs.” He noted positive short-term price action and believes the derivatives of gold, including silver, are looking very attractive near term.

“It wouldn’t surprise me if we see a jump in silver prices to finally close at a quarterly high in terms of the candle. A quarterly high would be around $40,” Costa stated.

He believes the historical “cup and handle” formation in silver suggests a potential breakout is near. Furthermore, Costa highlighted the constrained supply of silver and increasing demand.

Given his outlook on the dollar and precious metals, Costa recommends a rebalancing of investments away from the tech space towards commodities and emerging markets. He pointed to the high valuation of U.S. equities compared to emerging markets. Costa also observed the significant cash position of investors like Warren Buffett, suggesting a potential redeployment of capital when more attractive valuations emerge.

COVID related A doctor on comments recommended to his patients to read the book, ” The Secret Health Reset.”

He he Good for him. Luckily riot distractions interfering pharma paid media opposition getting diverted.

Perpetua Resources Announces US$300 Million Bought Deal Financing and US$100 Million Private Placement as part of Comprehensive Financing Package for Stibnite Gold Project

Close at the highs of the day. They seemed to do better as the SM tailed off.

Still, this was a BS day for the metals. They owe us a couple good days.

Humans have active taste buds for both salt and sugar. They’re the last to go. What I had to do with some patients with cognitive issues be injury or dementia to get them to eat was either add salt but not too much or if they couldn’t have salt and sugar or both on different foods usually by pureed fruits or sometimes Custard or what was on hand  you wouldn’t usually put on protein or carbs like meat and potatoes but whatever works and they taste the sweets and would gobble it up. Plus those with low blood sugar.  These are natural cravings. Unfortunately I could only focus on them nof avoiding them. You might have to watch out for too much salt too. Just trying low calorie type if you can and avoid high fructose corn syrup and remember it feeds cancer not resist it. Somethings wrong and my phone wants to close app but it’s not a app is is?

but silver still weak.

I guess the large cap golds knew this was coming somehow. Unfortunately, they’ve not built on the early gains. Typical.