Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
David Bowie – Sound And Vision (A&E Live By Request 2002)
Chuck Berry (w/Linda Ronstadt) - Back In The USA
Elton John - Philadelphia Freedom
Freedom set
I've done pretty good with Mux over the past 15 years.
Not too much the past year or so
Ya just can't fall in love with them.
I swing and snip
It all depends where you get your inspiration from
Terrific story. There's a lot to like about MUX. I'm in. I sold BTG to buy MUX.
I remember Rob used a water technology firm to test the areas around the pre Gold Bar deposit.
Very interesting, it only required 1 inch holes . I don't recall Rob using their results.
Later that year Gold Bar finally went into production. Everybody was all excited .
In anticipation they sold lots of shares that year.
Then the first production results showed a major problem.
The Geologist had a major blunder in his data. Lets just say they drilled a dry hole.
They immediately stopped the gold bar production circuit and Rob in total embarrassment had to tell shareholders they screwed up really bad.
That they were back at square one with Gold Bar.
That week shareholders lost their confidence and the stock price dropped 50%.
Some of the longs had been waiting over 5 years at that point and the SP never recovered. Time when on and they reversed split and that didn't work to good either.
The longs felt like they got sold down the river.
It wasn't till Rio stepped up and invested in Los Azules that the stock SP finally woke up.
Stalled at 12.50
Currently I've suspected them in buying back shares daily just to hold the SP around 9 bucks
I suspect most junior mining corporations buying their stock back to try and hold their itsy-bitsy bounce they've had in the past 3 months.
One thing about Mux
There back stopped by millionaires
Sunday Nights "Big $how" -Wall Street’s Urgent Warning –
Good evening Ladies and Gentlemen Welcome to the Big Show
The show that makes us money $$$
Take it away Steven......
Wall Street’s Urgent Warning – The Trump Trade to Get Out Of NOW!
Comments:
how about "TURN THIS OFF NOWWWW"
People make fun but when Steven says get out NEOOOOWWW he’s usually right, though he may be slightly ahead of the curve.
Get out NNEEoOOOOoWWWwWw!!!!
LONG STEVIE WONDER! Says sell , we go long ! EASY MONEY!!!
Where is the strong economy?
Stevin Van Metre: Investment Rave (anagram)
MAJOR BAG ALERT
Bumpy ride🥵🚧🔻🔥
Have a Wonderful evening 😉
Have you ever looked at the stock TTI? The first episode of Oak Island reminded me of what TTI does.
Thanks, I have a new show to watch. 223 episodes. Yikes.
The Curse of Oak Island: MASSIVE Amounts of Silver Found in Money Pit (S9, E1) | Full Episode
Nov 5, 2024 #OakIsland
Armed with scientific evidence that there are massive amounts of silver in the soil near the Money Pit, Rick, Mary and the team return to Oak Island, closer than ever to solving the centuries old mystery. See more in Season 9, Episode 1, "Going for the Gold."
Watch new episodes of The Curse of Oak Island, Tuesdays at 9/8c, and stay up to date on all of your favorite The HISTORY Channel shows at history.com/schedule.
Where I differ from a lot of centrists is on foreign policy. The way I view gold now is not so much a fear trade but as a global currency. While many nations have rejected bitcoin as a currency, no nation has rejected gold. The dollar has been weaponized against certain countries and their assets frozen. Tariffs are not going to help.
On a positive note, a better way to help poor countries (with gold and silver) is to bid up the prices. Mining cryptocurrencies for poor countries is unaffordable.
Yeah because Poland in one of the countries thats next on Putins hit list now that it has Ukraine.
Ya got to crazy to be buying gold while it's at the top of it's fear game right now. imo
While you were celebrating (Green mining) flew out the window !!!
Clean energy stocks tanked on Trump’s win. Should you buy the dip?
https://fortune.com/2024/11/07/clean-energy-trump-win-dip/
Most saw it coming thats why mining stocks lost their bounce in October.
Maybe if Golds unrealistic overbought price comes down where it belongs (1800) then junior mining stocks prices will improve.
After watching my junior miners dive in October I'm so glad I re-balanced out of all my miners in September.
Yet to buy back and looks like no rush
Hell , I still have to pay my upcoming insurance premium which they have to rebuild 1.1 million homes that were whipped out from hurricanes.
Stocks to buy—and sell—now that Trump has won the election
BYGREG MCKENNA
Donald Trump is headed back to the White House. Investors believe that’s much better news for some sectors of the U.S. economy than others—and the same goes for different parts of individual Americans’ stock portfolios.
Some plays seem obvious. Trump has traditionally been viewed as positive for banks and fossil fuel companies but a scourge for sectors like renewables. Trading on Wednesday morning suggests that view is largely unchanged.
Prior to the election, however, several analysts told Fortune the story might not be quite that simple. From tariffs to tax policy, other potential impacts of a second Trump administration also loom large. Below, we’ve rounded up stocks that might continue to rally or plunge ahead of Trump’s second inauguration:
Stocks to buy after a Trump win
Banks are at the crux of the Trump trade. Jay Hatfield, the CEO of Infrastructure Capital Advisors, isn’t a fan of stock picking based on the presidential race. Nonetheless, he’s willing to say financials will likely benefit from a second Trump term due to presumably lighter regulations. Shares of Goldman Sachs jumped 12% Wednesday morning, with the likes of Morgan Stanley, JPMorgan Chase, and Citigroup not far behind.
That could also hold true for private equity firms and other asset managers, which have been forced to weather a tough period for deal-making. Shares of alternative asset behemoth KKR, which stands to benefit from an uptick in both IPOs and M&A, rose 9% Wednesday to an all-time high above the $150 mark.
No sector is likely celebrating a Trump victory quite like the world of crypto, however, which he and the Republican party fully embraced in the summer. That resulted in massive financial support from the industry, which had chafed against the more restrictive policies of the Biden administration.
Shares of crypto exchange Coinbase jumped nearly 25% Wednesday morning. MicroStrategy, the largest public corporate holder of Bitcoin, saw its stock rise over 10% as the world’s biggest cryptocurrency smashed record highs.
Finally, energy is broadly seen a Trump play thanks to the former president’s promise to “drill, baby, drill.” Sam Stovall, chief investment strategist for CFRA Research, believes the supply and demand story could be a bit more complicated. Increasing oil production substantially, he said, would reduce the cost of oil.
“That would hurt the upstream companies that are drillers, [as well as] exploration and production companies,” he said, “but it would be helpful to the downstream.” The latter includes refiners like Valero Energy and natural gas transportation giant Kinder Morgan, who saw their stocks rise Wednesday over 4% and 6%, respectively.
Meanwhile, energy giants like ExxonMobil and rival Chevron are so-called integrated companies that operate both upstream and downstream. Shares of both increased slightly, despite a stronger dollar driving oil prices down.
Stocks to sell ahead of a Trump inauguration
It’s worth nothing that Hatfield is skeptical of the story of an upstream slowdown. He also believes the doom and gloom around the future of renewables under Trump is irrational, saying it’s unlikely Republicans will be able to follow through on their calls to repeal or significantly reshape the Inflation Reduction Act, which encourages investments in manufacturing and clean energy.
Investors didn’t share the same optimism on Wednesday, however. Shares of solar panel manufacturer First Solar fell over 10% Wednesday morning, while residential providers Sunrun and Sunnova saw their stocks plunge roughly 30% and 45%, respectively.
Danish company Orsted, the world’s largest offshore wind developer, has especially drawn the ire of Republicans in recent years. Its stock dropped 15% Wednesday morning.
Retailers, meanwhile, might be in trouble if Trump follows through on his promises to dramatically hike tariffs. As part of his calls to put “America First,” Trump has proposed at least a 10% tax on all U.S. imports and a minimum 60% tariff on all Chinese goods.
That’s especially bad news for Germany’s auto giants, who ship more cars to the U.S. than any other country. Shares of BMW and Volkswagen, for example, dropped 8% and 6%, respectively.
Mainstream economists emphasize that resulting price increases on imports will be passed on to American consumers, however, hurting many domestic companies. A major importer of cheap goods like Dollar General could be hit hard, Stovall said. The company’s shares fell 5% Wednesday morning.
Meanwhile, retaliatory tariffs and trade wars could have a chilling effect on global trade, spelling a slowdown for cargo and logistics firms. Investors piled out of the world’s shipping giants Wednesday morning, with shares of Denmark’s AP Moller-Maersk and Germany’s DHL down 8% and 6%, respectively.
“If there’s less trade,” Stovall said, then there’s less money to be made.”
In short, this might just be the start of the shipping sell-off.
https://fortune.com/2024/11/06/stocks-buy-sell-trump-election/
Russia Takes Aim at LBMA Paper Game . Announces 35.5% Increase in Gold Purchases.
Wow. What a great movie. Heroic.
Wow. What a great movie. Heroic.
Proven Formula for Resource Stock 9-Baggers Revealed by Pro Small-Cap Investor Mark Zaret
Silver market rigging foe Ted Butler's archive posted at SilverSeek
Submitted by admin on Wed, 2024-11-06 11:02 Section: Daily Dispatches
11a ET Wednesday, November 6, 2024
Dear Friend of GATA and Gold:
GoldSeek's companion internet site, SilverSeek, has posted an archive of the essays of the late Ted Butler, the original exposer and opponent of silver market manipulation. It can be found here:
https://silverseek.com/author/ted-butler
....
COT Gold, Silver & USDX Report - November 8, 2024
November 08, 2024
https://goldseek.com/article/cot-gold-silver-usdx-report-november-8-2024
Fleetwood Mac - Silver Springs (Official Live Video) [HD]
McEwen Mining: Q3 2024 Results
TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today released its financial and operational results for the third quarter ended September 30, 2024 (“Q3”). The Company achieved significant improvements in revenue and operating profitability, driven by higher gold prices and strong production. The results reflect McEwen Mining’s ongoing commitment to expanding gold and silver production, advancing its large copper project and robust investment in exploration programs.
Financial Highlights (Q3 2024 vs Q3 2023)
Revenue increased 36% to $52.3 million due to higher realized gold prices and an increase in gold equivalent ounces (GEOs) produced for our 100%-owned mines. Average gold price sold was $2,499 per ounce in Q3 vs $1,920 in Q3 2023.
Gross profit increased 268% to $13.8 million due to higher gold prices, improved operational efficiencies and higher production.
Net loss significantly decreased to $2.1 million or $0.04 per share, compared to a net loss of $18.5 million or $(0.39) per share in Q3 2023, reflecting the Company’s focused efforts on cost controls and lower expenditures at the Los Azules copper project.
Operating cash flow increased to $23.2 million or $0.45 per share, compared to negative operating cash flow of $2.3 million or $(0.04) per share in Q3 2023, primarily reflecting the improvement in gross profit above.
Adjusted EBITDA(1) increased 586% to $10.5 million or $0.20 per share, compared to $1.5 million or $0.03 per share in Q3 2023. Adjusted EBITDA excludes the impact of McEwen Copper’s results and reflects the operating earnings of our mining assets, including the San José mine. This measure underscores McEwen Mining’s success in improving cash flow and operating performance across its production portfolio.
Operational Highlights
Gold Bar Mine, Nevada: Production reached 13,640 oz Au(1) in Q3, a 43% increase compared to the same period in 2023, driven by higher gold grades and improved recovery rates. The site is on track to meet its annual production guidance of 40,000 to 43,000 oz Au.
Fox Complex, Canada: Production totaled 7,855 oz Au(1) down 30% year-over-year, impacted by a temporary shortfall in development due to a stope failure in Q2 2024 that limited stope availability. However, the Company anticipates enhanced stope availability in Q4 2024, which will support increased production. The Fox Complex is expected to produce approximately 15-20% fewer ounces compared to its annual guidance of 40,000 to 42,000 oz Au.
San José Mine, Argentina: The 49% share of production from the San José Mine in Argentina was 13,684 GEOs(1)(3). Lower than anticipated grades contributed to a 23% decrease from Q3 2023. Nevertheless, Hochschild plc, as operator of the San José mine, expects to achieve its annual guidance for San José, which stands at 50,000 to 60,000 GEOs for McEwen Mining’s attributable share. The improved metal price environment has allowed the San José mine to build a strong liquidity position, with an increase of $40.4 million in working capital from $34.1 million at September 30, 2023 to $75.5 million at September 30, 2024, while also investing $8.5 million in exploration and $3.5 million in expanding the mill during 2024.
Silver Supply Crunch: Goldmine for Investors! Feat Peter Krauth - LFTV Ep198
Nov 8, 2024
In this week’s Live from the Vault, Andrew Maguire is joined by Peter Krauth, author of the bestseller The Great Silver Bull, to discuss silver’s rising demand from the solar and tech sectors, with a focus on India’s role in reshaping the global market.
With silver’s price on the verge of a major shift, Peter explains how the explosive
Somewhere
MARKET MOVERS
COMPANY CHANGE LAST TRADE
Royal Gold 1.56 1.06 $148.87
Wheaton Precious Metals 0.91 1.02 $90.19
IAMGOLD 0.61 8.25 $8.00
SSR Mining 0.42 5.74 $7.74
Lundin Gold 0.37 1.16 $32.28
Endeavour Mining 0.37 1.24 $30.20
Marimaca Copper 0.31 7.02 $4.65
Snowline Gold 0.17 3.11 $5.64
Aldebaran Resources 0.14 7.82 $1.93
Silver Crown Royalties 0.14 1.81 $7.89
North Peak Resources 0.12 19.05 $0.75
Xander Resources 0.10 33.33 $0.40
EMX Royalty 0.07 2.85 $2.53
Refined Energy 0.07 31.11 $0.30
NioCorp Developments 0.07 4.61 $1.48
HIGH VOLUME
COMPANY VOLUME LAST TRADE
Aurion Resources 3,410,500 $0.63
Uranium Energy 3,056,812 $7.75
Talon Metals 2,582,250 $0.10
B2Gold 2,011,043 $4.08
IAMGOLD 1,791,182 $8.00
West Red Lake Gold Mines 1,520,144 $0.60
Hudbay Minerals 1,395,135 $12.76
Capstone Copper 1,324,666 $10.10
Sienna Resources 1,256,230 $0.03
Calibre Mining 1,239,034 $2.26
First Quantum Minerals 1,227,855 $18.83
Lundin Mining 1,148,720 $13.84
Kinross Gold 1,030,309 $14.47
Rover Critical Minerals 1,016,000 $0.02
EMP Metals 1,005,500 $0.43