A look at Currencies, Gold, and Fear
The Canadian Dollar is up over 1% today thanks to some comments from the Bank of Canada (BOC). Now the BOC is looking to raise rates but the question is when not if. I also take a look at the USD and share some thoughts on a level that we need to be watching. As for gold and gold stocks they sold off today but only a very little bit. All this relates to fear and the lack of it in the markets.
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Adamera has been doing very well recently. I have been in close communication with Mark. We are all looking forward to the drill results which the drilling is already underway. I hold shares in Adamera and am obviously really hoping for Mark and his team.
Adamera has had a lot of good publicity over the recent years but like all exploration stocks it is gambling 1000%, the lottery is alive and well. DT
“Critical NASDAQ 100 Support: Four Data Points!”
http://www.trendlinemagic.com/2017/06/critical-nasdaq-100-support.html
I may be wrong about the markets topping soon.
ILLINOIS Bonds on verge of being JUNK……………zh
Golden Valley news.GOLDEN VALLEY MINES OPTIONS ISLAND 27 CO-NI-AG PROSPECT TO BATTERY MINERAL RESOURCES
$5,000,000 IN EXPENDITURES OVER 4-YEARS
http://www.goldenvalleymines.com/news/2017/june12/
IPT moved up 6.3% versus GLD today:
http://stockcharts.com/h-sc/ui?s=IPT.V%3AGLD&p=D&yr=1&mn=1&dy=0&id=p08132004015&a=527978820
Stateside Report Podcast – June 12, 2017
In this episode of the Stateside Report Podcast we talk about gold, silver, the base metals and a quick take on ethereum and then talk about the news and press releases from the Canadian junior exploration sector including news from Genesis Metals $GIS, Touchstone Exploration $TXP, Probe Metals $PRB, Iamgold $IMG, White Gold Corp $WGO, Atac Resources $ATC, Engold Mines $EGM, Japan Gold $JG, Adamera Minerals $ADZ, Carlin Gold $CGD, West African Resouirces $WAF, Tinka Resources $TK, Volcanic Gold Mines $VG, Tudor Gold $TUD, Euro Sun Mining $ESM, Zonte Metals $ZON. We talk gold, silver, oil, gas, copper, lead, zinc, uranium and nickel.
Comey got ‘steely silence’ after confronting Loretta Lynch about Clinton’s email probe
June 12, 2017
WATCH | Ex-FBI Director James Comey had second, frosty exchange with Obama Attorney General Loretta Lynch.
Snippet….
Comey told lawmakers in the close door session that he raised his concern with the attorney general that she had created a conflict of interest by meeting with Clinton’s husband, the former President Bill Clinton, on an airport tarmac while the investigation was ongoing.
During the conversation, Comey told lawmakers he confronted Lynch with a highly sensitive piece of evidence, a communication between two political figures that suggested Lynch had agreed to put the kibosh on any prosecution of Clinton.
Comey said “the attorney general looked at the document then looked up with a steely silence that lasted for some time, then asked him if he had any other business with her and if not that he should leave her office,” said one source who was briefed.
“steely silence”……because she wanted to stealy the election……
PUTIN meets with Ethereum founder on virtual currency……..zh
Cryptos not going away………
Darn Paladin Energy getting on my last uranium nerve! Trading halted AGAIN!
As I said a few days ago gold is headed to the low 1260’s and I think the correction is ending now. I have bought a good amount of gdx. It is not following the normal seasonal pattern.
I am stacked and packed in JNUG and NUGT.
Those are scary as hell.
+1
I remembered you saying that as gold dipped this morning and agree that the correction is probably ending now.
2017-06-12 09:35 ET – News Release
Mr. Mark Kolebaba reports
ADAMERA MINERALS RECEIVES $1,680,267 FROM WARRANT EXERCISE
Adamera Minerals Corp. has received $1,680,267 from the exercise of 16,802,667 warrants relating to the June, 2013, and June, 2016, private placements.
The early exercise of these warrants is due to forced exercise provisions as described in the company news release dated May 12, 2017. A total of 99.9 per cent of the warrants related to these private placement were exercised. The remaining 8000 unexercised warrants have expired.