Gold, Silver, PM's and Markets

Owning Ur stocks is painful this morning.  No relief in sight until utilities start procuring their longer term needs.

Monday morning takedown was to be anticipated.  The bullion banks are getting scared and running out of time in controlling the price of metals.  Ignore the noise….stay long!

Are these doldrums merely seasonal, or are we living in the calm before the storm?  I can’t shake a “feeling” that a serious financial crisis will occur in the next couple of months.  Anyone else having similar thoughts?

Making up a shopping list to take advantage of today’s discounts. 

Visited Costco today.  The 10 oz PAMP Lady Liberty silver bar back in stock after 2-3 day absence.  However, priced above $400 for the first time…$419 to be exact.  Bought last week at $369.  PAMP 1 oz gold bar no more than $10-15 per bar above last week’s price.  No absences in gold this week.  The silver stackers may be reentering the market.

At best, G-Mining is stale and floundering in the summer doldrums.  Am I correct, or am I missing something that is keeping the stock down?

Ur stocks waking up.  Not surging, but the tide is rising.  Today’s movement in the Ag stocks might be creating a wake.

Kimosabe, today we begin our ride.  Hi Ho Silver Away…


Who was that Masked Man?

What the heck is going on near Hayden?

Bought PSLV

ROAN

Congratulations on selling last November and missing he painfully emotional February/March swoon.  I held through that storm and actually added some shares to my positions.  What I recently sold was less than 15% of my holdings.  I believe the next couple of years will reward those buying a ticket on the wild Ur roller coaster.

PS. I’ve been a bug for the past 40 years.  How I stumbled upon Pyrite’s Place in 2021 I do not  recall.  For years I just occasionally read and enjoyed the community’s postings.  The ongoing market changes in PMs caused by the rapidly declining American hegemony finally got me posting.  Most family and friends have their head in the sand. 

Bought UVYX.  Market getting to complacent.  Lighten up a little on Ur stocks.

The U.S. is now a rogue nation operating outside the boundaries of international law.  America hegemony just took a major hit.  Whatever flight to safety that may occur tomorrow will rapidly fade.

We are witnessing America’s Suez Moment!

Per AIRGUIDE, “ In a major strategic redeployment, more than 24 U.S. Air Force KC-135 Stratotankers and KC-46 Pegasus aerial refueling aircraft crossed the Atlantic on the night of June 16, 2025. The unusual mass movement of tanker aircraft departed from North America and headed eastbound, with flight patterns suggesting a coordinated redeployment rather than routine operations, according to military analysts.

These rings are getting hollow and stale:  that’s racist, or remember the holocaust.

Bought more G-Mining, otherwise sitting on my hands. 

From the AJC this morning:

“Marjorie Taylor Greene warns Donald Trump to stay out of Israel-Iran conflict.  Greene said a U.S. facilitated strike on Iran would split the MAGA movement because some would see it as a betrayal of his "America First" policy.”

Just checked Costco’s website.   Cheapest 1 oz gold bar currently $3,499.99, including shipping.  Spot currently $3,430.

I’ve seen Costco selling the 1 oz Rand gold bar in a warehouse cheaper than the website.  I recall the saving being approximately $60/oz.  That’s close to spot, if your local warehouse has the product in stock.

Additionally, on weekdays when the gold price is up $50-80/oz you might catch a deal at your local Costco warehouse if the price has not been adjusted. 

HI YO, SILVER, AWAY!
$35 breakout is underway,
The precious metal will go higher,
Now, is the time to be a buyer,
Blues skies ahead, so don’t delay!

Ur stocks doing a nice tag team with Au stocks this week.

ROAN,

Smart move last week. 

Come one….come all.   It’s time to climb that Wall (of worry)!

Row steady boys….the current is with us.

Some days it’s best to just keep your powder dry.

Ascot share price collapsing.  Fear that newly raised capital is insufficient for mining operations.

I’m buying…..anyone else?

In the event you are not paying attention, the Ur stocks are waking up with this move in gold.  To early in the Ur move to state the worst  is finally over, but it’s about time it should be.  Lots of damage in the Ur charts over the past year.

Busy morning……..buying!

I’m buying …. mostly majors.  They’ve had a good run, but if the gold stocks start running, this is where it begins.

PS:  Despite the negative MSM reports lately, they can’t keep the gold price surpressed.  Can’t hold the golden beach ball under water for ever.

Painfully buying Goldie’s through this swoon.  Thankful Ur stocks picking up the slack today.

Roan, the Ur investment thesis is still intact.  However, buyer sentiment has been poor this past year, at first due to the Mag 7 run-up alternative and lately due to the stock markets sell off.  For sure, the Ur miners are led by Cameco.  The others will follow when Cameco makes its move higher evidencing new money returning to the Ur space.  The Sprott Physical Ur Trust, with its low price and 16% discount to NAV, is a conservative place to invest for now. The Trust’s stock price will move quickly as investor sentiment improves.  In summary, Cameco and Sprotts Ur Trust are the bellwethers to watch.

Sanctions…..🤔….. Yes;

BRICS….🤔…..Maybe;

Tariffs …..🤔….Maybe;

Declining Hegemony…🤔…Yes

The West sells….Asia buys!  It’s that simple.  The Silk Road leads to $4,000 gold before the end of the year.

Western Central Banks up to their old tricks of trying to wash out some longs before the holiday weekend.  Suggest you take advantage of this discount before Asian buying opens.

Re:  36664

The contagion is spreading faster than a Chinese flu.  See 36640.  The credit based fiat bubble is bursting.  Few understand what the heck is unfolding before them.  Without a shield of gold and silver to protect your financial security, this is going to be tragic.  Take your pick, “up in smoke”  or “gone with the wind”.

Gold & Silver price appear to be coiling for a big move.  Up or down is the question?

It’s Monday on a shorten trading week.  Their game of slamming the gold price by selling paper into the market is well understood.  Great bring down the price…..I’m waiting to buy more.

The usual flight to safety investments are not working this time.  The dollar and treasuries are losing value.  The rotation into gold and commodities has finally commenced.  All boats rising.

The Fat Lady has not sung yet.  This strange stock market ain’t over.  While not immune to the swings, Gold continues on its upward path.

Central bank buying resuming.  Spot gold needs to regain and hold $3,100 before silver starts its climb. $ troubles just beginning.  Fed can’t hold 10 year interest rate down. 

Gold holding….Silver coiling…..VIX approaching 40.  Is it time to buy?

The Dolly Varden 4:1 reverse split is likely necessary to get the share price on the NYSE above the $2 minimum requirement.

Spot passes $3,120.  Silver barely budges.

Mugs, thanks for your reply.  Began buying G2 last month.  I’ll buy more.    Any thoughts on IAG%?

Just another wash and rinse waterfall. 

Kitco showing spot @ 2,996.  Appears buying in London this AM may push spot over 3K

I liked the shows Art Bell did on that deep hole in Washington and the guy flying the small airplane that wouldn’t deviate or turn around…..then silence.  Left you hanging as to what happened.

Any opinions on Altius Minerals Corp?

U-UN.TO up 2.2% today.

No, Mobes is not morbid back from the volcano.