Don Michael
I think Australia is a pretty safe place to invest in miners, better than a lot of other countries. Lots of gold there too!
KOW
Cheers
ipso facto
Here in the UK we have no gold/copper mines and I fancy Australia is a good safe place to invest with a long mining history which
the government supports.
Could be that these OZ mines will be making fortunes…..
All the best
The question is: What won’t they try to do?
Mitch Summers’s Post
Mitch Summers
18h
·
A chilling proposal surfaced on the sidelines of the World Economic Forum.
Speaker Lindsey Hooper suggested that water, soil, and even oxygen should no longer be freely accessible, but instead classified as assets and placed on a global balance sheet.
What once sounded like a dystopian joke about paying for air is now being openly discussed as a real possibility.
If the very basics of human existence are monetized, who controls them, and who gets left behind?
https://www.facebook.com/100044636400172/posts/1450729386424928/
Don Michael
re: Aussie miners joining S&P/ASX 100
I’ll be glad to see it, then buying or selling Westgold Resources won’t cost me a $50 commission like it did last time!
Cheers
Thanks for the correction MetalsGuy
I see now that the SGE market was open last night with their fix at $88.33
I’m surprised there’s only a $5 gap between the two markets.
treefrog
I hope yr right…..one problem is that their teachers make them like this, which never happened in days of old.
Buygold, re: SGE
Grok says:
No holidays apply: Chinese New Year/Spring Festival in 2026 starts around February 17 (with closures typically from mid-February, e.g., Feb 15–23 or similar per futures exchange announcements), so early February is a normal trading period.
silverngold @ 11:00
The PM shares have actually been doing quite well for a year or so. Perhaps they should have been doing better or maybe they catch up to historical patterns at a later date. I guess we’ll find out.
I never touch ETFs. The only thing they have going for them is convenience but I think that they are dishonest and certainly haven’t benefitted our sector.
Cheers
treefrog @ 10:52
I hope you’re on to something there treefrog. There’s the possibility of the psychopaths among their generation running amok.
I guess one could say that that is happening now …
ipso facto @ 9:36…I’ve always seen this run up as time to own Physical, but the last one was to own PM Shares.
So far that has worked for me. I was able to cash out well over a $million at the last top, convert a small amount of those winnings into Physical, and have again made well over a $million with that phyz. The reason I made the decision to go all phyz was the introduction of Derivatives and ETF’s that completely changed the markets from stock market investing to Casino gambling. Used to be you could buy a mutual fund which owns everything it represents, but that has been replaced by an ETF which tells you it bases its value on a certain sector or commodity but does not own it, it only TRACKS its value, which is now coming to light more and more as Phys increases in value but the shares lag. So are the shares late, or just not going to participate this time??? SNG..FWIW
ipso, maddog
…or some of them might actually become mature in the interim. some of us take a little longer to grow up. through my twenties and thirties, i was more interested in sex, drugs, and rock ‘n roll than more serious things.
i know some of them that are actually doing pretty well in the process of maturing. the others? give it a little time. there are records of the ancient greeks bitching about how sorry the younger generation was. i suggest
it may be part of the human condition.
Nice day
Not maybe what we expected with the Chinese on holiday.
The shares are particularly pleasant.
Everything likes a weaker dollar except Bitcoin?
Maddog @ 10:09
Lots of snowflakes among the youngsters. What happens in 20 years when they are in control? I hope they have enough “safe places” and that no one is mean to them!
goldielocks @ 9:46
Hope so!
goldielocks
re war….the Euro’s can want as much war as they can imagine , but luckily they have no means of fighting it, even if they could persuade, their kids to to get off their beds and put down their phones…..
Was talking to an acquaintance the other day …about the modern ‘adult’…he said his son a policeman, in his early 50 ‘s, is constantly amazed by the younger recruits…..one the other day said, she was doubtful she could carry on, because before she joined up, ……..she had no idea, there would be so many nights involved !!!!!!!!!!
Ipso 9:42
Hopefully they can return the favor to the kidnappers.
Macleod
Forgot to mention I wonder what he would say about Europes NATO still wanting war when we got rid of the demos going along with Europes NATO and Trump was not going to get involved in a war to help them overthrow Russia and pulled away from their NATO.
Some areas of Mexico are dangerous
Mark
@Mark_IKN
Update: Three of the 10 kidnapped Vizsla Silver $VZLA $VZLA.to employees now confirmed deceased. QEPD.
Shares have a long ways to go
Don Durrett – goldstockdata.com
@DonDurrett
·
If you pay attention, you will see chart after chart revealing that we remain early in this gold/silver miner bull market. This one is very revealing. 🧐
Alasdar Macleod
This was three years ago from a apparent English chap predicting in the future where we’re at now. I wonder what he has to say about the future today.
The war in Ukraine may be a more destabilizing event than many realize.
According to GoldMoney’s head of Research Alasdair Macleod, it may be accelerating the evolution of a new monetary system comprised of commodity-backed currencies.
Alasdair predicts such a regime will favor countries like Russia and China, and threaten to fully expose the worsening problem of purchasing power devaluation that afflicts the current major world fiat currencies – like the dollar, yen & Euro.
Could such a momentous transition really be underway? And if so, what will the implications be?
Well here we are now, the war still continues, gas lines broken in Europe negatively affecting their economies , untold dead, people displaced, more dollars that were meant for their own economy up in smoke or in the culprits back pocket, mass migrants that don’t belong there with more of their unrealistic anti tangible anti cultural anti Christ bad ideas.
Dollar gaining downside momentum
rates starting to come back in as well. Nice wind at our backs if it continues.
How long before the fiat system goes boom?
Plat and pall still down but coming back.
Don Michael
Good to hear that.
Holding up well
despite plat and pall taking a hit. Shares look decent premarket.
Dollar helping, heading south back toward the 200 dma. Rates are on the rise.
SM and Bitcoin have been drifting lower all morning.
We have inflation numbers in the form of the CPI today according to the calendar. We’ll see if .Gov is ready to put them out. Could be hot.
As of this moment we are the only game in town. Bitcoin reversed hard in the overnights, was up to $72K+, now barely hanging onto $69K
Hopefully we can hold up.
