Comments on the pullback in gold and related action in the gold stocks
Dave Erfle joins me today to share his thoughts on this gold pullback and the related action in the gold stocks. Now that the correction is here we all need to figure out how long it will last and watch the stocks closely because it was a very fractured day especially for the juniors.
Copper does not seem to be tracking exactly Precious metal moves, so does that mean this correction is overdone and to be short-lived ?
Sleepy, creepy Uncle Joe picks another creep for VP…or more accurately was told…can’t think of a more disgusting “choice.”
Kamala Harris!?!
Geez people have a short memory,
Tulsi Gabbard rips Kamala Harris’ record on criminal prosecutions
https://youtu.be/Y4fjA0K2EeE
So funny, Harris rips Biden apart in this vid, then Tulsi rips Harris about her integrity and criminality.
WOW, blatant corruption, the choice, choose dem criminals or repubs serving Israel, both sides want war so I dont see any dif between them.
Actually, both parties serve Israel so no dif there either.
Harris, is hardly “creepy”…she is a smart aggressive politician. Definitely liberal, but at least honest compared to the lying Mr Trump. I think she will do quite well in a debate with Pence
Hi Jeff…Have you been hitting the bottle , again ?
Anyone who was Willie Brown’s mistress is hardly NOT creepy. She slept her way to the top.
And as AG of CA she was corrupt as hell.
Creepy is the wrong word. How about just plain corrupt like all the rest. Does it bother you that Trump, Ivanka and Mnuchin gave her contributions in the past? It should bother Trump’s supporters as well as hers.
Now that is interesting…….
Harris for Pres. Man i just love that , non Black Africian American Wo-Man……… s/off
David /Cory…Gold down $112 on the day.
2011 high re-test.
It doesn’t look like the 2011 high ($1923) acted as support, as Gold dove below that in afterhours trading, currently down to $1888.
https://www.investing.com/commodities/gold
It looks like the $1800 level, from which the Gold rally kicked up intensity of the parabolic move, or the prior resistance at $1780 (which will now be support) is going to be the next line in the sand.
Best to buckle up guys, this ride may get a little bumpy… 🙂
Gold is now rallying again up from $1885 earlier back up at $1941. It’s down, it’s up, it’s correcting one hour then surging higher the next. I guess the thing to look for will be the opportunities created by the huge swings in price. You gotta love it!
Good luck to everyone out there in the markets on Wednesday.
A MUST DAILY LISTEN or even subscribe in this season. YouTube : Ira Harris on metals. Down to earth understandable insight in metals & the dollar.
CORRECTION of above: IRA EPSTEIN on metals on Youtube
Agreed. I’m a big Ira Epstein fan, and posted his TA video on the other blog from yesterday.
Marty – I decided to join you back in Silvercrest SILV (my 4th time getting back into this stock). Feels good.
Right now I’m stocked up on speculative companies and am adding quality, so I also nibbled at WM Wallbridge today for the first time since I exited as a Balmoral shareholder during the takeover.
I wonder if there will be any physical silver available in the world at these prices by next week?
You get it here….https://www.sprott.com/investment-strategies/physical-bullion-trusts/silver/net-asset-value-premium-discount/
When you buy it at the store you get hosed
Storing Bullion anywhere is risky…….Reminds me of Gerald Cellitl getting ripped by Corslime…..
+1
Better not have too much metal at home.
It’s better to store bullets and beef.
That is one very bullish sign that PSLV is still trading at a discount to NAV.
Looks to me that, Joe Biden & Camila Harris are going to go toe to toe in figuring out the authentic definition of BLACK
Seems Korelin is oblivious to WM hitting a billion dollar evaluation recently and huge results today and never dropped a penny on the close. WM definitely carried away on the billion evaluation. Seems a ton of time on another billion dollar evaluation of GBR and before that NVO. Lets show the love for all and not the chosen few. Love the show
Gold Update – Intermediate Correction Is Beginning
Smart Money Tracker G.S. – Aug 11, 2020 #Chart #VIDEO
And, just to clarify, I ain’t half as white as Joe Biden, champion of making all things right—
Tuesday the 11th was enough to give anyone chills and fever, I didn’t think this correction would last long, the problems in the system are systemic and deeply ingrained. It looked like a street fight to me or a battle in the park with “The Brew Crew”. Gold is still standing because it is the only real form of money. When the conventional market dumps again and it will, it will be like a Western tornado has struck Wall Street in full force, and The Bankers who tried to finish off gold yesterday will be on the mat gasping their last breath. DT
SF Live Ep 70 – Dolly Varden Silver Corp. (DV) (DOLLF)
Soar Financial – August 11, 2020 #VIDEO
Thanks EX
Sure. I’m excited about the Dolly Varden drill program under way and hoping they hit big like they have in the past.
Tomorrow:
Invest Yukon: Exploration 2020 Series (Part 2)
Thu, Aug 13, 2020 at 12:00 PM Central Time (US & Canada)
> METALLIC MINERALS CORP. (TSX-V: MMG / US OTC: MMNGF)
> WESTERN COPPER AND GOLD (NYSE: WRN | TSX: WRN)
> WHITE GOLD CORP (TSX-V: WGO | OTC: WHGOF)
https://webinars.6ix.com/6ix/Invest-Yukon-Exploration-2020-Series-Part-2
Not everyone is waiting on a vaccine, maybe 50%; maybe!