The Corner Central Banks Put Us All In
With Central Banks around the world slowly changing their policies John Rubino and I look at a mix of economic and market data that is not lining up. We are seeing higher deficits but better economic data. Combined with recent wage growth but a falling market, it will be hard for the central banks around the world to stay consistent.
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Silver was up over 2% today, and the silver miner did not disappoint with leverage to the upside. A nice start to the week.
Symbol – Silver Producers – % Chg
ASM Avino Silver & Gold Mines Ltd. +12.10%
EXN.TO Excellon Resources Inc. +11.39%
USAS Americas Silver Corporation +10.83%
GGD.TO GoGold Resources Inc. +10.45%
AG First Majestic Silver Corp. +8.95%
SVM Silvercorp Metals Inc. +8.44%
TAHO Tahoe Resources Inc. +7.81%
HL Hecla Mining Company +7.45%
FSM Fortuna Silver Mines Inc. +7.24%
CDE Coeur Mining, Inc. +6.82%
SSRM SSR Mining Inc. +6.49%
IPT.V IMPACT Silver Corp. +6.06%
EXK Endeavour Silver Corp. +5.69%
GPL Great Panther Silver Limited +4.39%
PAAS Pan American Silver Corp. +4.15%
BHS.V Bayhorse Silver Inc. +2.50%
HOC.L Hochschild Mining PLC +2.23%
FRES.L Fresnillo PLC +2.22%
Again most of the Silver development stage or exploration-focused companies had a nice green day.
Symbol – Silver Developers & Explorers % Chg
ASLM American Silver Mining Co. +71.43%
SSV.V Southern Silver Exploration Corp. +22.22%
VML.V Viscount Mining Corp. +10.45%
MMG.V Metallic Minerals Corp. +9.76%
AUN.V Aurcana Corporation +9.52%
SVE.V Silver One Resources Inc. +8.82%
DV.V Dolly Varden Silver Corporation +8.22%
SDRG Silver Dragon Resources Inc. +7.41%
SMI.AX Santana Minerals Limited +5.56%
NBR.V Nubian Resources Ltd. +5.56%
GRG.V Golden Arrow Resources Corporation +5.36%
LVN.TO Levon Resources Ltd. +5.00%
MAG.TO MAG Silver Corp. +4.66%
MSV.TO Minco Silver Corporation +4.62%
AZR.V Azarga Metals Corp. +4.55%
AUMN Golden Minerals Company +4.42%
SNG.V Silver Range Resources Ltd. +3.33%
BBB.V Brixton Metals Corporation +3.23%
G1A.AX Galena Mining Limited +3.12%
BCM.V Bear Creek Mining Corporation +2.96%
AXU Alexco Resource Corp. +2.33%
DEF.V Defiance Silver Corp. +1.75%
The mysterious trader nicknamed ’50 Cent’ made $200 million last week as the market blew up
Tae Kim – 2 Hours Ago
Macro Risk Advisors says the trader known as “50 Cent” was able to turn a massive loss into a big profit last week.”
“The persistent buyer of VIX call options that we have been tracking finally made money – and how! As of the Feb 9th close, we calculate that ’50 Cent’ is up nearly $200 million ever since we started tracking their purchases in January of last year,” Pravit Chintawongvanich writes.”
“The Cboe Volatility Index, or VIX, is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. It surged by 115.6 percent last Monday to 37.32.”
https://www.cnbc.com/2018/02/12/the-mysterious-trader-nicknamed-50-cent-made-200-million-last-week-as-the-market-blew-up.html