People are beginning to get gold fever. In the news last week also, came word that one young man had quit his job, loaded up on junior mining shares... and was off for a year of travel. Word is out.
First the country is being run by communists. So there is no economic logic to any prediction of events. But given current trends obviously the spending of money we don't have will continue. The Government must have inflation or the debt will spiral to the point of bankruptcy, supposedly something that can't happen when you can print in dollars. However with the BRICS trying to dethrone the dollar which is certainly possible since most of the world's commodities come from the BRICS it appears spending will continue until the communists are removed from office and some sensibility or realization happens to those in control who aren't fully Marxist politically.
At the same time the world is experiencing a Revolt of the Public i.e. world society is realizing through the internet and alternative media that the controlling elite are lying and misrepresenting almost everything important to capitalism, health, vaccines, money printing, the stock market, war etc. Some unknown portion of global society wants to dispose of the current elite at any cost, even at the cost of democracy. Obviously US leaders such as Gavin Newsom have just made it illegal to check ID of voters. To anyone using logic this is tantamount to promoting any non citizen to vote or control the supposed democracy of the US. So what will happen with the dollar's value can't be understood until this plays out as to whether or not traitors control the US government and spending or those who want capitalism and retained value of people's individual savings. Obviously the destruction of individual savings is a violation of the US Constitution. We have a lot of destruction of personal property by the government and strangely many inside Congress are not aware of these violations.
Fascism is the way station to outright communism. With fascism, there is still the illusion of private ownership. If we're fortunate, the system will collapse, before we get outright communism. Once full-bore communism is in place, there is no hope. Look at Cuba. Communism simply grinds everything down to dust. Best always. PM
It actively motivates individuals to set goals, take steps towards achieving them, and persevere through challenges, essentially viewing "hope" as a mindset that drives proactive behavior towards a desired future rather than just passively wishing for something to happen; it involves agency and a belief in one's ability to influence outcomes.
Hope is a strong belief in a certain outcome that transforms into action regardless of circumstance.
You're very dismissive of hope, but that's not what I was referring to. I don't think the 50% of people that vote Republican are going to sit on their hands and let the Democrat fascist pigs take over our country if they continue along the path they are going. And I do not think that all Democrat voters are fascists, only somewhat clueless to the facts of reality as it applies to politics and human flourishing. Probably 30% would join the Republicans. At some point, things will get bad enough that people will revolt, just like they revolted when they found out what the schools were doing to our kids. No wonder Democrat politicians want to take our guns away.
The current dimocrat/communist takeover will be unlike any attempt they have made in the past. While they may be successful, it will come at a HIGH personal price to a vast majority of them...
There is always hope, yes, until you go commie. But If you go commie, there is no hope, and there's no getting out of it, God or no God. Best always. PM
He can talk the talk, but will he walk the walk this time? Politicians talk about cutting government spending but never do it. Even "conservative" Ronnie Raygun oversaw a large increase in the national debt just like Trump did during his last term.
Hi, some of my favorites are Dolly Varden, Abrasilver, Freegold, Austin Gold, Apollo Silver, Thesis Gold, Blackrock Silver, Aya Gold&Silver, Outcrop Silver & Gold, Hecla Mining, and GDXJ as a ETF.
These are all „quality“ Junior Miners or Developpers, but still risky of course by nature.
They started as a Silver-Promotion-Twitterer, but changed their approach a lot now. Used to present interviews and promotional Vids of about 6 out of your mentioned Stocks.
Hi there, yes in Switzerland, quite a Swiss name 😇… I do research quite a lot yes, I follow some experts of course, but I read a lot and even some of these cryptic geological reports about drilling results, sometimes my head is smoking 😀. But one has to be careful with mining stocks, 99% is crap or if not crap still not successful.
SE & others. If you per chance want a source of info and pitches re Aust goldie’s, this free publication is quite good value to subscribe to. Can always switch off not your cup of coffee, they don’t hassle you..
Hi, My favorite is NFGC . It's in Newfoundland . My belief , it's going to be the largest gold find in the last 50 years in Canada . My original buy was 2.75 and most was sold around 10. It is now one of my largest position. My current holding is under water. I keep on adding and I'm biased. Their communication is first class.
How about a 🎁gift🎁 of an outfit that’s trading today with a Price to Sales (p/s) Ratio: 3.13
Liquidity Acid Test: Quick Ratio @ 3.90
Efficiency: Revenue/Employee $1,783,355 converts to $415,769 Income Per Employee.
Capital Structure: 247.75X Interest Coverage Ratio on only 0.02X Leverage Ratio (total EBITDA).
How & where do they make such revenue? The Where: namely the poster child country home of legendary loadshedding…South Africa. The How: by doing retreatment of surface gold.
🎁DRDGOLD Limited (ticker in the U.S. is the ADR symbol DRD)🎁, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities.
The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004.
The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited.
Regards,
Mark
…and yes, I have before…many times… & do have now a long position in DRD.
Hi Mark, you´re an amazing source of knowledge, information, insight and overview that makes me realize my own extremely limited field of vision. Great. Thanks.
Thank you for your encouragement and kind feedback Petra.
Take what is offered up from others. That which you find of interest, useful and use what you wish to see how it works out. I am still learning from others myself.
Bill, you do an excellent job of taking the complex and explaining it in the most understandable fashion. Don't get me wrong, I am not suggesting that anyone could easily digest it and understand, rather that they could with the proper application of an open mind, focus and attentiveness. It is not your issue though, as you know, instead it requires the reader to set aside their paradigms and biases, not an easy thing to do for most people. Understanding financial information and the economy is made extremely difficult without sound money, throw in lots of corruption and statistical misbehavior, fuhgettaboutit. When digesting any financial data at all these days I have to constantly remind myself that our fiat is funny money and to consider instead what gold is saying. Do the Feds and the Federal Reserve really have the control they think they do... I wonder?
From what I have read, the new mining technology (think of oil fracking) can get more gold out of existing mines. Alot of these mines were closed when the easy gold ran out but many have lots more deeper and in more difficult places in the existing mines.
Interesting, would like to know more. I suspect that it'd take years to come online and require massive capital investment / be dependent on energy prices.
My thoughts are:
1- High oil price / high gold price = FNV
2- Low oil price / high gold price = GDX
3- Threat of default / runaway inflation = physical gold
Of the two choices, they took the evil they knew (inflation) and avoided the one they feared (deflation). Besides, deflation is swift and sure. Inflation takes longer, is less obvious, and can be more easily foisted onto the masses, AND a deus ex machina might bail us out somewhere along the way. Easy decision. "Everybody, let's have some fun! You only live but once, and when you're dead, you're done, so let the good times roll..." (Sam Theard/Fleecie Moore, 1942).
Early-voted this morning. Brisk activity. Best always. PM
Here in Georgia we use the Dominion ballot machines.. the ballot counting machine looks just like and is shaped like a herbie curbie trash can with a fax machine stuck on top...just saying that thing sure looks like a trash can to me...
“Today, the debt-to-GDP ratio is near the same peak as it was in 1945, at the end of World War Two—war time debt levels.” It’s like government elitists have been fighting a decades-long war against free-market capitalism in favor of a government-controlled economy in all its aspects (increasing public-private partnerships, ie, fascism). Fundamentally transforming America requires destruction of the original before the remake can occur, ie, treason.
It's not just "like", it IS a decades-ling war against free-market capitalism. It starts out innocuously. Genuinely smart people (Keynes) begin thinking "we don't have to suffer the vagaries of the market. We can control these variables and smooth it all up and put it all on an upward trajectory. Then it just needs tweaking and fine-tuning as we roll along." Once the commitment to "managed economy" is made, the foxes come in and start steering things in their direction. Presto! It all goes south. Best always. PM
I prefer copper to the others. A) it is in absolute demand for the electrify everything brigade and b) almost always has gold and silver as secondary takes.
A natural law: What goes up eventually goes down. My "simple" question: When will gold go down. I'd be happy for any of you to comment with your best description of the triggers that will reverse the current fever. A great recital of the technical names for those triggers, and the timing, would refresh my memory of what Bonner and friends probably have explained before. My experience of the 2011-12 gold price bust may be minor compared to the chaos going on now and in the new year. Thanks, guys.
The only solution is the Fair Tax and term limits! That would solve most of the problems and neuter the Deep State. But Hell will freeze over before that happens, no matter who is elected, unless forced to act by an unprecedented crisis that purges the rot and systemic distortions.
Sadly, that will likely be followed by widespread social unrest, protests, violence, and untold suffering before the rebuilding and healing can begin.
I have always rejected the ‘inflate or die’ narrative… it made no sense. I made this comment on one of BB’s daily missives some time back:
‘By lowering rates (and printing money) it causes prices to rise, and reduces the real value of its own debt.’
But the debt is still increasing… exponentially and whilst the debt level to this point may be worth less the overall burden remains the same… more or less.
The only way out is to increase interest rates … higher consumer prices will boost production (the cure to higher prices is higher prices) and decrease money flowing into speculative (non-productive) investments.
As I said elsewhere, maybe buy a return airticket & 36 hr flight to ‘down-under’, land of outback prospectors, great gold discoveries and many other delights…!
The Gold Chalice shines with diamonds from the Temple. The taste of blood quenches the lion’s thirst. Snake venom poison upends the Cobra’s panel. Did not the Moose Berry darn Ike Hebron’s scholarly fuse bucket. Now the moon river must pandora a Galician tree musk. Hither now, $3,000 for an ounce of corn fable, when the communist hoards the profit scale the civilization ensues upon a fractured line. The mountains of Spain tremble with the yellow glow of monetary enticement.
I do not know where You get these saying's from, but at times they are profound and at other times hard to follow in the current worldly regime. Just My observation.
I heard on a podcast (can’t remember which one) early after the fed 50 bps raise that the 10 yr went up which supposedly never happened before. I’ve heard and read since that the rise in the 10 yr was a reaction to the bond market believing more inflation was to come. Can our learned members explain in more detail the significance of this move. Thanks
I heard on a podcast (can’t remember which one) early after the fed 50 bps raise that the 10 yr went up which supposedly never happened before. I’ve heard and read since that the rise in the 10 yr was a reaction to the bond market believing more inflation was to come. Can our learned members explain in more detail the significance of this move. Thanks
First the country is being run by communists. So there is no economic logic to any prediction of events. But given current trends obviously the spending of money we don't have will continue. The Government must have inflation or the debt will spiral to the point of bankruptcy, supposedly something that can't happen when you can print in dollars. However with the BRICS trying to dethrone the dollar which is certainly possible since most of the world's commodities come from the BRICS it appears spending will continue until the communists are removed from office and some sensibility or realization happens to those in control who aren't fully Marxist politically.
At the same time the world is experiencing a Revolt of the Public i.e. world society is realizing through the internet and alternative media that the controlling elite are lying and misrepresenting almost everything important to capitalism, health, vaccines, money printing, the stock market, war etc. Some unknown portion of global society wants to dispose of the current elite at any cost, even at the cost of democracy. Obviously US leaders such as Gavin Newsom have just made it illegal to check ID of voters. To anyone using logic this is tantamount to promoting any non citizen to vote or control the supposed democracy of the US. So what will happen with the dollar's value can't be understood until this plays out as to whether or not traitors control the US government and spending or those who want capitalism and retained value of people's individual savings. Obviously the destruction of individual savings is a violation of the US Constitution. We have a lot of destruction of personal property by the government and strangely many inside Congress are not aware of these violations.
Fascism is the way station to outright communism. With fascism, there is still the illusion of private ownership. If we're fortunate, the system will collapse, before we get outright communism. Once full-bore communism is in place, there is no hope. Look at Cuba. Communism simply grinds everything down to dust. Best always. PM
Except maybe, just maybe, we have enough Americans that won't sit there and let it happen.
Hope is sadly not a strategy
It IS a course of action.
It actively motivates individuals to set goals, take steps towards achieving them, and persevere through challenges, essentially viewing "hope" as a mindset that drives proactive behavior towards a desired future rather than just passively wishing for something to happen; it involves agency and a belief in one's ability to influence outcomes.
Hope is a strong belief in a certain outcome that transforms into action regardless of circumstance.
Regards,
Mark
You're very dismissive of hope, but that's not what I was referring to. I don't think the 50% of people that vote Republican are going to sit on their hands and let the Democrat fascist pigs take over our country if they continue along the path they are going. And I do not think that all Democrat voters are fascists, only somewhat clueless to the facts of reality as it applies to politics and human flourishing. Probably 30% would join the Republicans. At some point, things will get bad enough that people will revolt, just like they revolted when they found out what the schools were doing to our kids. No wonder Democrat politicians want to take our guns away.
No evidence of that yet, so far as I'm concerned. By the time it's bad enough, it will be too late. Best always. PM
As long as we have a 2nd amendment it will not happen.
"there is no hope."
Au contraire:
1. God and His will.
2. American Patriotism and Spirit.
3. The 2nd Amendment.
The current dimocrat/communist takeover will be unlike any attempt they have made in the past. While they may be successful, it will come at a HIGH personal price to a vast majority of them...
There is always hope, yes, until you go commie. But If you go commie, there is no hope, and there's no getting out of it, God or no God. Best always. PM
Winning this election is looking more and more like a poisoned chalice.
Like changing captains on the Titanic right before it hits the iceberg. Neither of these candidates mentions the national debt.
Trump has talked about it many times cut the government grow the economy only way to do it
He can talk the talk, but will he walk the walk this time? Politicians talk about cutting government spending but never do it. Even "conservative" Ronnie Raygun oversaw a large increase in the national debt just like Trump did during his last term.
Hello - Can Tom or someone here recommend a few quality Junior Miners beyond Triple Flag and Seabridge - who are both on "Hold"?
Hi, some of my favorites are Dolly Varden, Abrasilver, Freegold, Austin Gold, Apollo Silver, Thesis Gold, Blackrock Silver, Aya Gold&Silver, Outcrop Silver & Gold, Hecla Mining, and GDXJ as a ETF.
These are all „quality“ Junior Miners or Developpers, but still risky of course by nature.
What about RUAgold NZAUF? Its trying to revive a bunch of rich Gold mines that have played out in New Zealand.
I heard about it, yes seems promising… can‘t buy all 😀
Hi ,do they trade in the US and if so what are the symbols?
Thank you . Pete
Also, BTG
You seem to be a fan of Wallstreet-SILV, if I´m not mistaken.... ;-))
I had to look that up 😇, so not really, do just my homework… but yes i am a longtime Silver bug, and Goldbug of course 😀
They started as a Silver-Promotion-Twitterer, but changed their approach a lot now. Used to present interviews and promotional Vids of about 6 out of your mentioned Stocks.
Seems, you do a lot of hoemwork so ;-))
In Switzerland, so to ask?
Best regards
Hi there, yes in Switzerland, quite a Swiss name 😇… I do research quite a lot yes, I follow some experts of course, but I read a lot and even some of these cryptic geological reports about drilling results, sometimes my head is smoking 😀. But one has to be careful with mining stocks, 99% is crap or if not crap still not successful.
Totally agree, most are so "schwach auf der Brust" that one wonders where they take there optimism ;-))
Wenn Sie mögen, könnten wir ja auch einmal per mail in Kontakt treten. altstadt-neustadt@web.de
Best regards
… and you are from Germany, or Austria?
THANK YOU Mr. Huerlimann! I will check them out...
We West Aussies think good things about this old dude … https://www.superpit.com.au/
bigger than Ben Hur.
The area around it in Kalgoorlie goldfield is alive with activity these days. It’ll be interesting to see who gets the worm…
SE & others. If you per chance want a source of info and pitches re Aust goldie’s, this free publication is quite good value to subscribe to. Can always switch off not your cup of coffee, they don’t hassle you..
https://stockhead.com.au
Hi, My favorite is NFGC . It's in Newfoundland . My belief , it's going to be the largest gold find in the last 50 years in Canada . My original buy was 2.75 and most was sold around 10. It is now one of my largest position. My current holding is under water. I keep on adding and I'm biased. Their communication is first class.
Regards
Thanks looking into it
How about a 🎁gift🎁 of an outfit that’s trading today with a Price to Sales (p/s) Ratio: 3.13
Liquidity Acid Test: Quick Ratio @ 3.90
Efficiency: Revenue/Employee $1,783,355 converts to $415,769 Income Per Employee.
Capital Structure: 247.75X Interest Coverage Ratio on only 0.02X Leverage Ratio (total EBITDA).
How & where do they make such revenue? The Where: namely the poster child country home of legendary loadshedding…South Africa. The How: by doing retreatment of surface gold.
🎁DRDGOLD Limited (ticker in the U.S. is the ADR symbol DRD)🎁, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities.
The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004.
The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited.
Regards,
Mark
…and yes, I have before…many times… & do have now a long position in DRD.
https://stockinvest.us/pdf/technical-analysis/DRD
Hi Mark, you´re an amazing source of knowledge, information, insight and overview that makes me realize my own extremely limited field of vision. Great. Thanks.
Thank you for your encouragement and kind feedback Petra.
Take what is offered up from others. That which you find of interest, useful and use what you wish to see how it works out. I am still learning from others myself.
Regards,
M
Thank you and very interesting, i have a small Position Sibanye but did not know that.
Thanks to everyone for the GREAT suggestions!!
I love this place...
Check Hecla SE.
SE my news today, says get an air ticket & come visit ….
https://stockhead.com.au/resources/record-gold-prices-send-prospectors-flocking-to-explore-was-goldfields/
Sure, Mark - Northern Dynasty: NAK✌️😎
Bill, you do an excellent job of taking the complex and explaining it in the most understandable fashion. Don't get me wrong, I am not suggesting that anyone could easily digest it and understand, rather that they could with the proper application of an open mind, focus and attentiveness. It is not your issue though, as you know, instead it requires the reader to set aside their paradigms and biases, not an easy thing to do for most people. Understanding financial information and the economy is made extremely difficult without sound money, throw in lots of corruption and statistical misbehavior, fuhgettaboutit. When digesting any financial data at all these days I have to constantly remind myself that our fiat is funny money and to consider instead what gold is saying. Do the Feds and the Federal Reserve really have the control they think they do... I wonder?
Well done. Kudos.
Want to take a guess about how hot under the collar many aware Americans want to do this?
https://tinyurl.com/2br26uwb …it’s a pic of 2X4 letter to blockheads…
Please, do NOT fuhgettaboutit LibertyAffair :)
Regards,
Mark
From what I have read, the new mining technology (think of oil fracking) can get more gold out of existing mines. Alot of these mines were closed when the easy gold ran out but many have lots more deeper and in more difficult places in the existing mines.
Interesting, would like to know more. I suspect that it'd take years to come online and require massive capital investment / be dependent on energy prices.
My thoughts are:
1- High oil price / high gold price = FNV
2- Low oil price / high gold price = GDX
3- Threat of default / runaway inflation = physical gold
Of the two choices, they took the evil they knew (inflation) and avoided the one they feared (deflation). Besides, deflation is swift and sure. Inflation takes longer, is less obvious, and can be more easily foisted onto the masses, AND a deus ex machina might bail us out somewhere along the way. Easy decision. "Everybody, let's have some fun! You only live but once, and when you're dead, you're done, so let the good times roll..." (Sam Theard/Fleecie Moore, 1942).
Early-voted this morning. Brisk activity. Best always. PM
That tune was covered temendously by Koko Taylor...
Here in Georgia we use the Dominion ballot machines.. the ballot counting machine looks just like and is shaped like a herbie curbie trash can with a fax machine stuck on top...just saying that thing sure looks like a trash can to me...
“Today, the debt-to-GDP ratio is near the same peak as it was in 1945, at the end of World War Two—war time debt levels.” It’s like government elitists have been fighting a decades-long war against free-market capitalism in favor of a government-controlled economy in all its aspects (increasing public-private partnerships, ie, fascism). Fundamentally transforming America requires destruction of the original before the remake can occur, ie, treason.
It's not just "like", it IS a decades-ling war against free-market capitalism. It starts out innocuously. Genuinely smart people (Keynes) begin thinking "we don't have to suffer the vagaries of the market. We can control these variables and smooth it all up and put it all on an upward trajectory. Then it just needs tweaking and fine-tuning as we roll along." Once the commitment to "managed economy" is made, the foxes come in and start steering things in their direction. Presto! It all goes south. Best always. PM
Foxes = Blood-sucking Ticks, Leeches and other assorted Parasites...
Silver?
Ag breakout chart- https://tinyurl.com/unkbaaey
Ag futures (short covering) chart- https://tinyurl.com/2mj82fj8
Decision time?
I prefer copper to the others. A) it is in absolute demand for the electrify everything brigade and b) almost always has gold and silver as secondary takes.
Copper futures chart - https://tinyurl.com/4fxpwmnm
A natural law: What goes up eventually goes down. My "simple" question: When will gold go down. I'd be happy for any of you to comment with your best description of the triggers that will reverse the current fever. A great recital of the technical names for those triggers, and the timing, would refresh my memory of what Bonner and friends probably have explained before. My experience of the 2011-12 gold price bust may be minor compared to the chaos going on now and in the new year. Thanks, guys.
My simple answer: when governments stop running deficits with printed money!
The only solution is the Fair Tax and term limits! That would solve most of the problems and neuter the Deep State. But Hell will freeze over before that happens, no matter who is elected, unless forced to act by an unprecedented crisis that purges the rot and systemic distortions.
Sadly, that will likely be followed by widespread social unrest, protests, violence, and untold suffering before the rebuilding and healing can begin.
https://x.com/FairTaxOfficial/status/1847074616969445463
I have always rejected the ‘inflate or die’ narrative… it made no sense. I made this comment on one of BB’s daily missives some time back:
‘By lowering rates (and printing money) it causes prices to rise, and reduces the real value of its own debt.’
But the debt is still increasing… exponentially and whilst the debt level to this point may be worth less the overall burden remains the same… more or less.
The only way out is to increase interest rates … higher consumer prices will boost production (the cure to higher prices is higher prices) and decrease money flowing into speculative (non-productive) investments.
In the mean time just buy gold!!
As I said elsewhere, maybe buy a return airticket & 36 hr flight to ‘down-under’, land of outback prospectors, great gold discoveries and many other delights…!
https://stockhead.com.au/resources/record-gold-prices-send-prospectors-flocking-to-explore-was-goldfields/
I am from the Great Southern Land …
The Gold Chalice shines with diamonds from the Temple. The taste of blood quenches the lion’s thirst. Snake venom poison upends the Cobra’s panel. Did not the Moose Berry darn Ike Hebron’s scholarly fuse bucket. Now the moon river must pandora a Galician tree musk. Hither now, $3,000 for an ounce of corn fable, when the communist hoards the profit scale the civilization ensues upon a fractured line. The mountains of Spain tremble with the yellow glow of monetary enticement.
I do not know where You get these saying's from, but at times they are profound and at other times hard to follow in the current worldly regime. Just My observation.
I heard on a podcast (can’t remember which one) early after the fed 50 bps raise that the 10 yr went up which supposedly never happened before. I’ve heard and read since that the rise in the 10 yr was a reaction to the bond market believing more inflation was to come. Can our learned members explain in more detail the significance of this move. Thanks
I heard on a podcast (can’t remember which one) early after the fed 50 bps raise that the 10 yr went up which supposedly never happened before. I’ve heard and read since that the rise in the 10 yr was a reaction to the bond market believing more inflation was to come. Can our learned members explain in more detail the significance of this move. Thanks