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Author Topic: Gold, Silver and Markets  (Read 158180 times)

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Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #500 on: November 11, 2021, 08:44:29 am »

Check out that the platinum futures chart, see Erle buying in right at the bottom, it's almost peerless.

Wow, euro and swiss futures doing the ice auger act, gold in euros is going bonkers, the plot thickens.
« Last Edit: November 11, 2021, 08:56:36 am by Bigley Gaines »

Apollo

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Re: Gold, Silver and Markets
« Reply #501 on: November 11, 2021, 08:47:43 am »
Yea, bit of USD Head-Fake yesterday, but back in the black today - aye?

Guess they didn't solve the that there transitory problem in an afternoon after all

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #502 on: November 11, 2021, 08:50:38 am »

Escape in Spanish; Escapar, that's good one.

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #503 on: November 11, 2021, 09:04:11 am »

ROAN, just found out that Baosteel is working with BHP to reduce steel's carbon footprint, a touching tale.

Looks like those two are good buds, Twiggy better get energizied, let's see if he's just Another actor in a scam.
« Last Edit: November 11, 2021, 09:05:46 am by Bigley Gaines »

mugwump

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Re: Gold, Silver and Markets
« Reply #504 on: November 11, 2021, 09:08:35 am »

mugwump

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Re: Gold, Silver and Markets
« Reply #505 on: November 11, 2021, 09:15:38 am »
edv earns $153 million
https://ceo.ca/@nasdaq/endeavour-reports-strong-q3-2021-results-well-positioned
ate up teranga and semafo- who's next??
maybe fortuna??

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #506 on: November 11, 2021, 09:24:03 am »

G&R: Copper production, unchanged for the last 5 years, any new mines are eclipsed by depletion.

Big trouble in little Mongolia for BHP, mine is having "issues", huge time delays and cost over-runs, so it goes.

Copper inventories are now at four days consumption, the third lowest figure in 30 years.

« Last Edit: November 11, 2021, 09:25:50 am by Bigley Gaines »

Frustrated

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Re: Gold, Silver and Markets
« Reply #507 on: November 11, 2021, 09:36:06 am »
$1877 spot the next higher high...

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #508 on: November 11, 2021, 09:53:41 am »

Got the real lowdown on the booster program, they will be regular and tailored to fit the current conditions.
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Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #509 on: November 11, 2021, 10:05:55 am »

FCX is back in Vogue.

permabear1

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Re: Gold, Silver and Markets
« Reply #510 on: November 11, 2021, 10:26:35 am »
Have shares in GOAU, GOLD and SSRM as I believe this sucker has legs.  Also added 100 shares of RIO which looks to be making the turn.

https://schrts.co/TsqkeYXW
Just because you are paranoid does not prove that they are not out to get you

Frustrated

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Re: Gold, Silver and Markets
« Reply #511 on: November 11, 2021, 10:37:28 am »
Loafphi - the owner of the software/site is closing QT down - no reason given.

BWP's site
https://www.zombieplanet.news/phpBB/viewtopic.php?f=4&t=5
« Last Edit: November 11, 2021, 10:40:09 am by Frustrated »

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #512 on: November 11, 2021, 11:35:56 am »

Probe Metals looks cheep, cheep, these guys find gold deposits, they also have a chromite deposit in the RoF.

Almost caught up to you in the standings, Frustrated, thanks for your charts and updates, happy days are here.

The-Vet

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Re: Gold, Silver and Markets
« Reply #513 on: November 11, 2021, 12:30:54 pm »
CHN.ax  Closed at $10.01 just shy of the intraday high of $10.05. This one has legs..

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Hambone

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Re: Gold, Silver and Markets
« Reply #514 on: November 11, 2021, 01:27:17 pm »
Bought 50K shares of Viva Gold.

DYODD. EIEIO.

AF

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Re: Gold, Silver and Markets
« Reply #515 on: November 11, 2021, 03:04:38 pm »
Sold some PVG at C$18.51, C$18.50 was the offer from Newcrest. Break fee works out to 67 cents a share, so any new offer would have to be C$19.50+

Norwester1

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Re: Gold, Silver and Markets
« Reply #516 on: November 11, 2021, 03:20:40 pm »
Holding on to most of the gains, but, man, this market is like watching paint dry....ugh

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Norwester Mike

Hambone

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Re: Gold, Silver and Markets
« Reply #517 on: November 11, 2021, 03:43:17 pm »
Bought puts on Disney.

Miserable earnings and a P/E of 280.

Frustrated

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Re: Gold, Silver and Markets
« Reply #518 on: November 11, 2021, 03:48:19 pm »
Is this going to be buy the little dips ...or is 1877 gonna be a near-term high with 1835 as support?  Ain't gotta clue...so sold a wee bit of GFI and KGC...bought a wee bit of FSM on the dip to 4.85 dip.

Mobes

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Re: Gold, Silver and Markets
« Reply #519 on: November 11, 2021, 03:53:53 pm »
Does anyone know why Fortuna Silver (FSM) just declined 6%?

Frustrated

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Re: Gold, Silver and Markets
« Reply #520 on: November 11, 2021, 03:56:18 pm »
Mobes...no earnings...

Net income slumped 98% to US$200,000, or nil per share, due to US$10.5 million in transaction costs related to the acquisition of Roxgold Inc., and the US$9.6 million settlement of a disputed royalty claim with the Mexican Geological Service.

but on the other hand...
Sales surged 95% to US$162.6 million thanks to US$49.0 million in gold sales from the Yaramoko mine and US$41.8 million of gold sales from the Lindero mine. Adjusted EBITDA swelled 78% to US$75.3 million.


OneMoreTime

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Re: Gold, Silver and Markets
« Reply #521 on: November 11, 2021, 04:25:10 pm »
FSM attractive here.

mugwump

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Re: Gold, Silver and Markets
« Reply #522 on: November 11, 2021, 05:13:17 pm »

mugwump

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Re: Gold, Silver and Markets
« Reply #523 on: November 11, 2021, 05:16:41 pm »
is fortuna a buy?
they had one time charges of $19 million related to roxgold acquisition
and a mexican royalty dispute
https://stockcharts.com/h-sc/ui?s=FSM&p=D&b=5&g=0&id=p68254020901&a=720840389&listNum=6
yes, it's a buy

Apollo

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Re: Gold, Silver and Markets
« Reply #524 on: November 11, 2021, 05:23:12 pm »
Good inside day - tomorrow is key. But looks like the Thnxgvng run is on

Apollo

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Re: Gold, Silver and Markets
« Reply #525 on: November 11, 2021, 05:55:32 pm »
"They Have Lost Control" - Michael Snyder Warns "Our Destination Is Economic Collapse"

https://www.zerohedge.com/geopolitical/they-have-lost-control-michael-snyder-warns-our-destination-economic-collapse

Apollo

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Re: Gold, Silver and Markets
« Reply #526 on: November 11, 2021, 05:58:44 pm »
Sibayne - nice pop. Pup's got some catching up to do

Ben

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Re: Gold, Silver and Markets
« Reply #527 on: November 11, 2021, 06:08:40 pm »
Norwester

Resvesdoral could have finished you off..It further depletes ability of your immune system

Ben

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Re: Gold, Silver and Markets
« Reply #528 on: November 11, 2021, 06:09:41 pm »
Does anyone know why Fortuna Silver (FSM) just declined 6%?


Maybe because it has silver in its name  ...smile

Frustrated

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Re: Gold, Silver and Markets
« Reply #529 on: November 11, 2021, 06:17:29 pm »
Just got back from grocery shopping
$100 bucks - bogo savings of $48 = $52

ya just can't beat bogo prices
....(inflation hedge)

Norwester1

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Re: Gold, Silver and Markets
« Reply #530 on: November 11, 2021, 06:19:50 pm »
556 -- BEN -- yessir, I realized that stuff was just one more liability before they came around to my room to try to convince me otherwise....THE greatest benefit of participating in a forum such as this is the sharing of knowledge, timely and important.  Fortunately, I'd read a number of links reg. that stuff, so I was well prepared to say, "Nope!"

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Norwester Mike

Norwester1

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Re: Gold, Silver and Markets
« Reply #531 on: November 11, 2021, 06:23:44 pm »
BOGO. eh, Frus....good on ya'...I bet they weren't extending that option to the Filets or Prime Ribs, right?  It'll be interesting to see what Turkey prices are this season....I'm betting they'll be higher by at least 12-15% over last year....grain costs....lack of employees to really oversee those big operations...etc. (They'll have some who-knows reason...)

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« Last Edit: November 11, 2021, 06:33:07 pm by Norwester1 »
Norwester Mike

Frustrated

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Re: Gold, Silver and Markets
« Reply #532 on: November 11, 2021, 06:24:14 pm »
FSM....this isn't good...

    Fortuna Silver Mines (NYSE:FSM) plunged nearly 6% in today's trading following disappointing Q3 results and worries over the future of the San Jose mine in Mexico.
    Fortuna's Q3 adjusted EBITDA jumped 78% Y/Y to $75.3M and revenues rose 95% to $162.6M, but results missed analyst consensus estimates of $83.5M and $171.3M, respectively.
    The San Jose mine has been operating since 2011, but its main environmental authorization expired on October 23, despite Fortuna's efforts since May to petition Mexico's environment ministry to approve a 10-year extension.
    A recent court order allows the mine to keep running, but only on a temporary basis.
    According to Reuters, the environment ministry said today it would work to organize the consultation of nearby indigenous Zapotec communities as part of the mine's environmental authorization.
    Canaccord analyst Dalton Baretto cut his rating on the stock to Sell from Hold with a C$5.50 price target.
    Fortuna tallied record production of 87,950 gold equiv. oz. during Q3, including 1.44M oz. of silver and 8,910 oz. of gold at San Jose, in line with guidance.

off to pull numbers...

Ben

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Re: Gold, Silver and Markets
« Reply #533 on: November 11, 2021, 06:44:25 pm »
Norwester @ this forum

I will 2nd that

Without this group of posters I would not have been as informed as I am and have time to prepare about ALL THINGS COVID and opportunities /events the msm "overlooks" for all the years we have banded together like gypsies

Maybe include that in our next header if there is one. Gypsies of the Gold, Silver and Markets........


AF

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Re: Gold, Silver and Markets
« Reply #534 on: November 11, 2021, 07:29:17 pm »
From the Wesdome NR yesterday

 'The Company also announces today the resignation of Marc-Andre Pelletier, Chief Operating Officer, effective January 15, 2022. Marc will be pursuing another opportunity in a more senior role, a natural progression in his career trajectory. We wish to sincerely thank him for his extensive contributions to the Company, and his key role in the reopening of the Kiena mine, and wish him all the best in his new endeavour."

 The Wesdome management trio of Middleness , Pelletier and Michaud have been together since St Andrews Goldfields was   
bought by Kirkland.

  Then today.

 https://ceo.ca/@newsfile/bonterra-announces-the-appointment-of-marc-andre-pelletier

 Don't currently own Bonterra, recent drill results were nothing special, but their Gladiator property has potential.

 TD report on Wesdome. Their target is $15.50, mine is a bit higher.

 https://cdn-ceo-ca.s3.amazonaws.com/1gor31j-TD%20WDO%20%282%29.pdf

 

AF

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Re: Gold, Silver and Markets
« Reply #535 on: November 11, 2021, 07:34:04 pm »
is there room for a 10 year Treasury rate up top?

permabear1

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Re: Gold, Silver and Markets
« Reply #536 on: November 11, 2021, 08:14:01 pm »
An old memory



Pyrite shared a link for world wide radio stations and the above number was being played in Galway Ireland at 1:00 AM their time.
Just because you are paranoid does not prove that they are not out to get you


Ben

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Re: Gold, Silver and Markets
« Reply #538 on: November 11, 2021, 09:15:18 pm »
permabear1

Walter Brennan

 series he did...Used to say  "no Brag ,Just Facts" Can't remember the series,but I remember him

Frustrated

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Re: Gold, Silver and Markets
« Reply #539 on: November 11, 2021, 09:24:49 pm »
Norwester....big savings for me was Gevalia coffee - I've been waiting for a Bogo as I was running low on coffee (and coffee for long-term storage).  I usually buy Seattle's Best...but BOGO brands win out there because there isn't that big of a preference between the two for me). Couple bottles of wine BOGO - always stocking up there.  Gravy BOGO.

As for Turkey ...for the first time ever on Turkey Day ...it will be baked Chicken Day instead...much easier and quicker to cook and my friend loves my baked chicken as much or more than turkey, and no slaving all day cooking one. Still having stuffing (on sale today), gravy, cranberry sauce, pumpkin pie (the best ever ...3.99 on sale) - easy to freeze.

Right now...Butterball Grade A Frozen Turkey $0.99/lb...Honeysuckle Grade A Frozen Turkey $0.49/lb- this week...but my freezer is stuffed.

Mr. Kitty is saying get the heck off the computer and come feed me ...and give me some attention.

off for the evening
« Last Edit: November 11, 2021, 09:34:08 pm by Frustrated »

Cherokeeee

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Re: Gold, Silver and Markets
« Reply #540 on: November 11, 2021, 09:29:02 pm »
 8)

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bufford

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bufford

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Re: Gold, Silver and Markets
« Reply #542 on: November 11, 2021, 10:03:53 pm »
They have cash but lots of new shares

Vancouver, British Columbia – November 11, 2021 – Gold Royalty Corp. (“GRC”) (NYSE American: GROY) is pleased to announce that it will host a Town Hall Meeting on Monday, November 15 at 12:00 pm EST.

David Garofalo, CEO & Chairman of Gold Royalty Corp, and John Griffith, Chief Development Officer will be providing shareholders and interested stakeholders an update following Gold Royalty’s recently completed combination with Abitibi Royalties and Golden Valley Mines and Royalties. The presentation will be followed by a question-and-answer session where participants will be able to ask any questions they may have of management.

To register for the Town Hall Meeting, please click this link: https://www.bigmarker.com/vid-conferences/Gold-Royalty-Town-Hall-VID-Conferences

About Gold Royalty Corp.

Cherokeeee

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Re: Gold, Silver and Markets
« Reply #543 on: November 11, 2021, 10:06:53 pm »
DR DAVID E. MARTIN, PHD, "WE HAVE BEEN HAD AND WE HAVE FALLEN FOR ARGUING OVER THEIR COVER STORY."

http://www.bitchute.com/video/kh61IVJdL18a/

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #544 on: November 11, 2021, 11:12:29 pm »

"No brag, just facts", that cuts to the chase succinctly, Ben1, might be using that line a lot in the future.

Norwester1

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Re: Gold, Silver and Markets
« Reply #545 on: November 12, 2021, 12:52:47 am »
571....Aaaaggghhh, Bufford!  That was a truly disgusting article....sheesh....I'd always been warned growing up to make sure the pork product I was cooking was definitely 'done' in the middle, that is,  thoroughly cooked ....to protect against, as I recall, "trichinosis??...similar situation as your article described, but more normally attached in the intestinal area until various compounds 'flushed' the tapeworm out....ugh...

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Norwester Mike

Ben

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Re: Gold, Silver and Markets
« Reply #546 on: November 12, 2021, 01:26:45 am »
BG

quite a line

found a clip


Tom

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Re: Gold, Silver and Markets
« Reply #547 on: November 12, 2021, 07:53:14 am »
In the video, he shows the chemical structure of both IVM and the new Pfizer drug.
One thing that left me nonplussed ... why are there 3 Fluorine attachments to the structure ?
Fluorine is a toxin.
###

and here's the answer .. from a 2013 phys.org paper ..

Fluorine is a common element added to pharmaceuticals because it can increase the drug's selectivity, enable it to dissolve in fats, and decrease the speed at which the drug is metabolized, thus allowing it more time to work. Twenty to thirty percent of drugs contain the element, including some of the most widely prescribed drugs such as well-known antibiotics, anti-inflammatories, anti-depressants, cholesterol-lowering medications, and some inhaled anesthetics.

https://phys.org/news/2013-09-method-incorporating-fluoride-drugs.html
###
« Last Edit: November 12, 2021, 08:36:15 am by Tom »

Apollo

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Re: Gold, Silver and Markets
« Reply #548 on: November 12, 2021, 09:25:49 am »
Little buy-opp this morning - won't be surprised if we close green @ a reversal up today

Bigley Gaines

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Re: Gold, Silver and Markets
« Reply #549 on: November 12, 2021, 09:30:38 am »

Apollo7, your gold predictions have been simply superb, you've been awarded the gold star, it's back to Grade 1.

Thanks for clip, Ben1, gotta practice that dead-on deadpan delivery, it's a great line.
« Last Edit: November 12, 2021, 09:33:59 am by Bigley Gaines »

Apollo

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Re: Gold, Silver and Markets
« Reply #550 on: November 12, 2021, 09:36:13 am »
BG - thnx so much "You like me, you really like me!!!!"

Frustrated

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Re: Gold, Silver and Markets
« Reply #551 on: November 12, 2021, 10:03:36 am »
I'll second that.


Apollo7, your gold predictions have been simply superb, you've been awarded the gold star...

Apollo

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Re: Gold, Silver and Markets
« Reply #552 on: November 12, 2021, 10:03:57 am »
US Consumer Confidence down on Inflation worries -

SilverFox

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Re: Gold, Silver and Markets
« Reply #553 on: November 12, 2021, 10:18:23 am »
I am starting to feel that we are going into a major up move in the price of gold and silver. Went to my local dealer and found inventory of silver to be low but plenty of gold. He had a beautiful 40 oz older Englehard gold bar in stock. It came from an estate that had made 10 of them from a 400 oz gold bar. Very rare since less than 100 of them exist. Way to deep for my pockets. The physical premiums are high in my area for silver now over 28 percent of the final price.  They only had 2 boxes of silver kugerrands and some modern 10 oz swiss bars. He stated very little is coming in from the public over the last month.

SilverFox

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Re: Gold, Silver and Markets
« Reply #554 on: November 12, 2021, 10:19:47 am »
But he did have plenty of gold coins and bars in stock. Premiums high for gold also at this time

Apollo

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Re: Gold, Silver and Markets
« Reply #555 on: November 12, 2021, 10:20:06 am »
Did pick up more of my favs this morning - JNUG SBSW - which got knocked down on a financing. But looking for a $1875 on the next stop - fingers crossed

Gspot1

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Re: Gold, Silver and Markets
« Reply #556 on: November 12, 2021, 10:27:54 am »
What’s with the decline in FSM. They must be going bankrupt with kind of decline.

Frustrated

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Re: Gold, Silver and Markets
« Reply #557 on: November 12, 2021, 10:35:55 am »
Weekly highs
...the next is 1877, then 1903 and 1916 ...

2011 high 1920

Apollo

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Re: Gold, Silver and Markets
« Reply #558 on: November 12, 2021, 10:37:51 am »
Fortuna - selling the news

VANCOUVER, British Columbia, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported third quarter 2021 net income of $0.2 million, adjusted net income1 of $22.5 million, and adjusted EBITDA1 of $75.3 million.

Jorge A. Ganoza, President and CEO, commented, “Our strong adjusted EBITDA1 of $75.3 million with margins of 46% and free cash flow from operations1 of $33.8 million in the third quarter attest to the strength of our business. Our record financial results reflect the sustained upward production trend at the Lindero mine in Argentina and the first quarterly contribution of the Yaramoko mine in Burkina Faso.” Mr. Ganoza concluded, “We expect our robust cash flow generation to continue to be our main source of funding as we ramp up construction activities at the Seguela project in Côte d´Ivoire.”


Frustrated

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Re: Gold, Silver and Markets
« Reply #559 on: November 12, 2021, 10:38:50 am »
Gspot

--Canaccord Genuity Downgrades Fortuna Silver Mines to Sell From Hold; Price Target is CA$5.50

The San Jose mine has been operating since 2011, but its main environmental authorization expired on October 23, despite Fortuna's efforts since May to petition Mexico's environment ministry to approve a 10-year extension.
A recent court order allows the mine to keep running, but only on a temporary basis.
According to Reuters, the environment ministry said today it would work to organize the consultation of nearby indigenous Zapotec communities as part of the mine's environmental authorization.
Canaccord analyst Dalton Baretto cut his rating on the stock to Sell from Hold with a C$5.50 price target.
« Last Edit: November 12, 2021, 10:42:50 am by Frustrated »

mugwump

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Re: Gold, Silver and Markets
« Reply #560 on: November 12, 2021, 10:53:37 am »

mugwump

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Apollo

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Re: Gold, Silver and Markets
« Reply #562 on: November 12, 2021, 11:08:48 am »
@Cardiologist - played hero-ball with the jab. Had stated earlier that he wouldn't cry over funerals of the unvaxed

permabear1

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Re: Gold, Silver and Markets
« Reply #563 on: November 12, 2021, 11:20:01 am »
Much worse inflation is coming.  The inflation already baked into the cake is downright terrifying.

https://market-ticker.org/akcs-www?post=244202

Transitory Eh? Uh, No         by Karl Denninger

Just because you are paranoid does not prove that they are not out to get you

Frustrated

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Re: Gold, Silver and Markets
« Reply #564 on: November 12, 2021, 11:32:29 am »
FSM - if it takes out 4.10
...look for 4.03, then 3.94-3.96

San Jose ...only had a 3 year mine life? 

FSM is destined to be a gold producer rather then a Silver producer...over reaction?
« Last Edit: November 12, 2021, 11:38:33 am by Frustrated »

Norwester1

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Re: Gold, Silver and Markets
« Reply #565 on: November 12, 2021, 11:58:19 am »
594....PB 1...thanks for the Denninger...he's always a fun read 'cause he holds no punches when really providing actual/factual information, as he does with his inflation summary....

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« Last Edit: November 12, 2021, 12:46:07 pm by Norwester1 »
Norwester Mike

Apollo

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Re: Gold, Silver and Markets
« Reply #566 on: November 12, 2021, 12:04:19 pm »
@Inflation - what? you can't print 1/3 of your float in 12 months & get away with it?? Yea, unfortunately, its just getting warmed up & gold now has a floor underneath it

Hambone

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Re: Gold, Silver and Markets
« Reply #567 on: November 12, 2021, 12:04:52 pm »
The stock market has become a sure thing one way street.

Something is desperately wrong.

The-Vet

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Re: Gold, Silver and Markets
« Reply #568 on: November 12, 2021, 12:05:04 pm »
FSM - if it takes out 4.10
...look for 4.03, then 3.94-3.96

San Jose ...only had a 3 year mine life? 

FSM is destined to be a gold producer rather then a Silver producer...over reaction?
I think it is an over reaction Frus. They still have good cash flow and legal issues usually get sorted out when local jobs are at risk. I sold a few FSM Jan $5 strike puts just to throw my hat in the ring. They were quickly snapped up so not everyone agrees that the bottom is in..

Apollo

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Re: Gold, Silver and Markets
« Reply #569 on: November 12, 2021, 12:10:09 pm »
If you go back & look at the Argentinian Real's collapse, the MERVAL (Arg stock mkt) went nuclear in advance - smelled *& called out the inflationary currency collapse - think we are doing the same re SM

Gspot1

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Re: Gold, Silver and Markets
« Reply #570 on: November 12, 2021, 12:13:39 pm »
Frus and Apollo thank you for the FSM info. I’m holding too much of it since the Roxgold merger. Should have sold at least half. Thought the combo would be a real winner. I was wrong!

G

SilverFox

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Re: Gold, Silver and Markets
« Reply #571 on: November 12, 2021, 12:14:24 pm »
It seems one by one they are raiding the PM shares with bad news and taking them down big. FVI today and Great Panther the other day. Now some of the royalty stocks are having some weakness over the past two weeks also. ButI think the paper market is not working and time is running out for these thieves.

Gspot1

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Re: Gold, Silver and Markets
« Reply #572 on: November 12, 2021, 12:20:00 pm »
Some days you’re the statue. Other days you’re the pigeon. Today I’m a statue.

G

Apollo

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Re: Gold, Silver and Markets
« Reply #573 on: November 12, 2021, 12:20:24 pm »
Welcome to Green - ur uh, green is what you are giving up in the new Climate First world

$300 Oil? "Frankly, It Could Go Much Higher"

This exclusive interview with the collective that runs the Doomberg Substack explains why they think oil could hit $300 and uranium could "double or triple".

https://www.zerohedge.com/markets/300-oil-frankly-it-could-go-much-higher

Frustrated

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Re: Gold, Silver and Markets
« Reply #574 on: November 12, 2021, 12:24:35 pm »
Gspot...

 I was wrong!

and none of us have ever been there before
....glug ...glug :o

LSteve

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Re: Gold, Silver and Markets
« Reply #575 on: November 12, 2021, 12:32:25 pm »
Bought some physical just now. Can't get enough gold, silver and cold hard cash in my hands. Want to be prepared for when things get surreal this spring.

Frustrated

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Re: Gold, Silver and Markets
« Reply #576 on: November 12, 2021, 12:47:43 pm »
The puts have it at 3.93 to 4.15 currently...

I have some sub-$4 buys in...

Have to see what happens with them Dec Calls...but pretty low OI numbers.

(from The_Vet)
I think it is an over reaction Frus. They still have good cash flow and legal issues usually get sorted out when local jobs are at risk. I sold a few FSM Jan $5 strike puts just to throw my hat in the ring. They were quickly snapped up so not everyone agrees that the bottom is in..
« Last Edit: November 12, 2021, 12:50:19 pm by Frustrated »

Apollo

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Re: Gold, Silver and Markets
« Reply #577 on: November 12, 2021, 12:52:39 pm »

Apollo

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Re: Gold, Silver and Markets
« Reply #578 on: November 12, 2021, 12:53:52 pm »
Will look at Fortuna over the weekend - not one I follow. But any time we get a wee train-wreck & the market oversells it, that's a buy in this environment

Frustrated

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Re: Gold, Silver and Markets
« Reply #579 on: November 12, 2021, 01:08:28 pm »
noticing some similarities...
KGC hourly

[ Guests cannot view attachments ]

Frustrated

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Re: Gold, Silver and Markets
« Reply #580 on: November 12, 2021, 01:08:59 pm »
GFI hourly

[ Guests cannot view attachments ]

Frustrated

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Re: Gold, Silver and Markets
« Reply #581 on: November 12, 2021, 01:21:34 pm »
If POG heads down next week ...we're going to see some gaps get filled.

Apollo

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Re: Gold, Silver and Markets
« Reply #582 on: November 12, 2021, 01:36:57 pm »
Frustrated - I think some of them have punched through resistance lines - down next week? Not seeing it. Maybe Monday's a down day - see how we finish before concluding

The caution signs for Monday are certainly out - Silvers are lagging

Frustrated

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Re: Gold, Silver and Markets
« Reply #583 on: November 12, 2021, 01:38:51 pm »
Apollo - IAG has...and it's been on very high volume for a number of weeks, I'm guessing someone thinks they will finally be taken out.

Hambone

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Re: Gold, Silver and Markets
« Reply #584 on: November 12, 2021, 01:41:21 pm »
Well..

Bought Dore Copper.  Just a whim.

Frustrated

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Re: Gold, Silver and Markets
« Reply #585 on: November 12, 2021, 01:47:26 pm »
Stock options expiry next Friday...lot of calls on GDX, not a lot of puts.

Apollo

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Re: Gold, Silver and Markets
« Reply #586 on: November 12, 2021, 01:49:52 pm »
Frustrated- yep, might be under review for M&A. But I've seen others that are through besides. We'll see, if you're in before this week, lightening up a pinch here & taking some P makes sense - Silvers are not following through, so ST caution alert. But if we do go down, its a buy-opp - we are in a BTD from here to thnxgvng & then we'll see

BTW, I think KGC is through as well - another one that SB on M&A watch
« Last Edit: November 12, 2021, 01:52:49 pm by Apollo »

Apollo

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Re: Gold, Silver and Markets
« Reply #587 on: November 12, 2021, 01:55:03 pm »
Yea, that's what I was waiting for... Friday's never let you down when we swing "Bull"

So, if this holds or gets better, pop up Monday morning for a sale & then down for a BTD

https://tools.godmode-trader.de/rohstoffe/#!/overview/gold

Apollo

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Re: Gold, Silver and Markets
« Reply #588 on: November 12, 2021, 02:08:47 pm »
A little late to the party, but nonetheless

The "Transitory" Debate Is Over: Persistent Inflation Just Hit The Highest On Record

We literally need a bigger chart!

https://www.zerohedge.com/markets/transitory-debate-over-persistent-inflation-just-hit-highest-record

Frustrated

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Re: Gold, Silver and Markets
« Reply #589 on: November 12, 2021, 02:39:02 pm »
FSM...blood in the streets

the Nov low was 3.74

Apollo

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Re: Gold, Silver and Markets
« Reply #590 on: November 12, 2021, 02:44:28 pm »
Oh wow, no catching falling knives @ Fortuna - but love Stock distress. Look at it pretty hard over the weekend & be ready if we dump  a bit on Monday/Tuesday to pick some up if its financially sound

Hambone

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Re: Gold, Silver and Markets
« Reply #591 on: November 12, 2021, 02:44:33 pm »
The new “thing” in the market is called the Metaverse.  From what I’ve read it’s supposed to be a world wild avatar universe everybody can play in.  It seems like a super computer game.  Not made yet but companies are working on it.

Find one of the companies and find vast riches.  Maybe Roblox.  They don’t make money but it only sells for 106.
« Last Edit: November 12, 2021, 02:50:57 pm by Hambone »

Apollo

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Re: Gold, Silver and Markets
« Reply #592 on: November 12, 2021, 02:47:29 pm »
Nothing on the econ calendar next week - retail sales Tuesday, but that's not exactly a PM mover. Free to run from here to Thnxgvng

Frustrated

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Re: Gold, Silver and Markets
« Reply #593 on: November 12, 2021, 02:48:51 pm »
FSM avg daily volume 4 mil...

today thus far 23M

Erle

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Re: Gold, Silver and Markets
« Reply #594 on: November 12, 2021, 02:51:18 pm »
YOU SPEAK PELOSI?

Hambone

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Re: Gold, Silver and Markets
« Reply #595 on: November 12, 2021, 02:52:22 pm »
FSM

Some days you’re just glad you don’t own something.

Norwester1

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Re: Gold, Silver and Markets
« Reply #596 on: November 12, 2021, 03:10:57 pm »
#625.....man!  isn't that absolutely sad?!?!  She's been taking Uncle Joe lessons, I'd guess, and become even better than Greenspan was at circumlocution...Now, Trump was no polished speaker, admittedly, but at least one could gather some information about the subjects he presented without wading through the gibberish and uh...uh...uh... pauses.....

******************************************************
Norwester Mike

Apollo

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Re: Gold, Silver and Markets
« Reply #597 on: November 12, 2021, 03:34:27 pm »
Tapping down on a gold a bit

The Taper Begins: Fed Reveals Only $70BN In Bond Purchases Over Next Month, Down From $80BN

The taper begins officially on Monday

https://www.zerohedge.com/markets/taper-begins-fed-reveals-only-70bn-bond-purchases-over-next-month-down-80bn

Gspot1

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Re: Gold, Silver and Markets
« Reply #598 on: November 12, 2021, 03:36:20 pm »
I recently went through a 36% decline in MYAGF, and 23% in MGDPF. I used them as buying opportunities and they've come back like champs. FSM is down 31% the last two days. Although I have a little larger position this too shall pass. If FSM gets too cheap I trust it will become a takeover candidate.
JMHO
G

AF

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Re: Gold, Silver and Markets
« Reply #599 on: November 12, 2021, 03:41:54 pm »
Seems to be some hopium with Fortuna, If there was not another bidder for RoxGold, why would there be a bidder now. I would look for a bottom in Fortuna at the price they paid for RoxGold, which was 1.2 billion, market cap of Fortuna is 1.4 billion.

 I would also suspect some tax loss selling began on Fortuna today.