More comments on the Fed statement and market reactions
Chris Temple joined me right before the market close to discuss the Fed statement and overall policy. We also look at the reactions in a range of markets.
Click here to visit Chris’s site and keep up to date on what he is writing about.
Sell in May, go away???
Trump Urges Steep Fed Rate Cut as Central Bankers Hold Meeting
By Joshua Gallu and Alister Bull – April 30, 2019
https://www.bloomberg.com/news/articles/2019-04-30/trump-fed-interest-rates
Argonaut Gold Announces First Quarter 2019 Operating and Financial Results
@newswire on 1 May 2019
Record Quarterly Production of 54,169 Gold Equivalent Ounces, Net Cash Increases $11.7 million and Earnings per Share of $0.02
https://ceo.ca/@newswire/argonaut-gold-announces-first-quarter-2019-operating
Equinox Gold Reports First Quarter 2019 Financial Results
by @newswire on 1 May 2019
– Produced 25,310 ounces of gold at Mesquite
– Cash cost of $766 per oz sold and all-in sustaining costs (“AISC”) of $873 per oz sold
– Sold 27,238 oz of gold generating revenue of $35.4 million
– Earnings from mine operations of $9.9 million
https://ceo.ca/@newswire/equinox-gold-reports-first-quarter-2019-financial-results
Bonterra Provides Corporate Update
@newswire on 1 May 2019
– Completed 15,947 metres of infill and exploration diamond drilling during the quarter ended February 28, 2019
– Four drill rigs are currently active on the Gladiator, Barry and Moroy projects
– Retained the services of SGS Geostat to complete a NI 43-101 resource estimate and technical report on three deposits
– Nearing completion on an environmental impact assessment for the Urban-Barry mill expansion from 800 to 2,400 tonnes per day
– Engaged two engineering firms, one commissioned to design the mill expansion, and one to increase the capacity of the tailings storage facility to 10 million tonnes
Avino Silver & Gold Mines Ltd. First Quarter 2019 Financial Results to be Released on Wednesday, May 8, 2019
by @newswire on 1 May 2019
https://ceo.ca/@newswire/avino-silver-gold-mines-ltd-first-quarter-2019-financial
First Majestic First Quarter Financial Results to be Released on May 9
@nasdaq on 1 May 2019
https://ceo.ca/@nasdaq/first-majestic-first-quarter-financial-results-to-be
Another pot deal…note what the guy says at the very end
Orange wonder? Hee hee, good one!
Trump calling for a 1% rate cut and QE is just putting the fed in a position he knows they can’t do. When the market crash happens, he tells his base (only 60 million of us) how the fed has failed its mandate. Which draws attention to and public awareness to end the fed.
The brilliant orange wonder.
That’s quite a theory. So… why the game-playing? Why not just explain the immorality of the Fed to his base like a big boy?
I think it’s time for his base to snap out of it. They’ve been had by yet another neocon who’s just fine with the Keynesian/Marxist central bank.
Everyone ‘hears him’ talking about the fed but they really don’t pay attention. However, they will ‘sit up and pay attention’ after they get a serious haircut.
Watch and see.
FYI: the neocons are the swamp he continues to drain.
Actions speak louder than words. He IS a neocon.
He hasn’t drained the swamp nearly as much as rearrange some alligators. I almost puked when he appointed Bolton. The Orange Wonder might just as well have had Melisandre raise the war monger and sociopath McCain from the dead and put him in charge of foreign policy.
ditto……on Bolton……..
I cringed when he picked Bolton too. But, he does use people for specific reasons. And they do serve him. In Boltons case, if he screws up, he’s fired. That’s how it works.
Trump has completely proved himself regarding foreign policy.
Yes, he has completely proven himself to be just another warmonger. That’s right up Bolton’s alley so “screwing up” is unlikely.
There’s nothing conservative about Trump’s MIC welfare and his Keynesian economics.
Wow!
Now that’s some lagit proof right there…!
(lagit proof you have no idea what is going on..)
There’s endless proof, Chartster. You’re just way too naive to understand it if you find it.
Something tells me you’re a flat earther, too. The greatest conspiracy of all! lol
Flat earth? LOL, uh,,no.
I almost wanted to say yes to give you a win, but no, you’re wrong again.
And it starts.
https://finance.yahoo.com/video/did-federal-chair-jerome-powell-160141862.html?.tsrc=applewf
Ira’s metals
https://youtu.be/K6aMhT0XICc?t=12