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The Disappointing Close For Metals Stocks

Cory
May 23, 2019

This is shorter interview with Doc outlining the disappointing close in the PM stocks compared to how gold and silver performed. While ETFs like GDX and SIL still closed up, it was by less than half a percent. Not a good sign for the overall bullish argument. We also look at the oil sector which was hit hard by selling and is setting up for a new slightly lower trading range.

Discussion
55 Comments
    May 23, 2019 23:26 PM

    Why would miners keep digging holes…..only for lower prices……leave it in the ground
    lay off the staff, and fire the board….

      May 25, 2019 25:12 AM

      That’s not a bad idea in some cases, but in other examples to do so would mean that the mining operation would never get back open again, as sustaining & permitting & tailings dam and water mitigation fees would pile up while things were shut down.

      Sometimes the only path forward is through…

    cfs
    May 23, 2019 23:25 PM

    OFF TOPIC: EU ELECTIONS.

    It would be comical if it was not serious.
    Traitorous Prime Minister May tried to “fix” the EU elections todayin the UK by allowing EU citizens to vote in the UK if they live there by registering to vote and completing a UC1 form.
    The UK civil service “pissed off” by this sneaky tactic went slow on processing forms.

    May should announce tomorrow her date of leaving office.

    May 23, 2019 23:42 PM

    Trump gives AG Barr authority to declassify documents related to 2016 campaign surveillance

    https://www.foxnews.com/politics/trump-gives-ag-barr-authority-to-declassify-documents-related-to-2016-campaign-surveillance

    May 23, 2019 23:18 PM

    Miners: not responding to up days in physical prices. The problem is that the paper comex/Lbma markets have nothing to do with the price of gold and silver. They are fabricated paper derivative markets between banks and various forms of speculators. Fundamentals, technicals, mining costs have no relationship other than government, Central Banking and media reinforcement there is a relationship. Miners, having a real product, with real means of production and tangible features, must rely on a market outside that of the manipulative, fraudulent , corrupt paper market of criminals. Once the unbacked fabricated features of the fiat contrived market reaches the maximum tolerance limits of the imagination of the populace, the mining stocks become an option and flourish despite the efforts of the criminals.

    May 23, 2019 23:20 PM

    Sorry. Doing it on a phone and the screen shrinks to unreadable when trying to proof.

    cfs
    May 24, 2019 24:23 AM
    cfs
    May 24, 2019 24:06 AM

    The English traitorous Prime Minister May will resign on June 7.

    cfs
    May 24, 2019 24:33 AM

    The Russian dirty tricks campaign to denigrate Trump and push Hillary Clinton was started in spring 2016. Specifically the Christopher Steele false information was transmitted by Robert Hennigan (MI6) to John Brennan in the summer of 2016, when Hennigan visited Washington, D.C.

    May 24, 2019 24:52 AM

    Trump is a trickster……….Israel…..is part of the trick……..

    May 24, 2019 24:17 AM

    How is Israel part of the trick? Explain please.
    Thanks

      May 24, 2019 24:09 AM

      Do you read the bible.?…….

      cfs
      May 24, 2019 24:07 AM

      OOTB is wrong; just as his reliance on his bible. He just is ignorant of the true history of mankind and prefers to rely on a work of fiction.

        May 24, 2019 24:51 AM

        You’re the ignorant one, CFS. The true history of mankind is completely absent from your understanding and one does not need the bible to know that. Try some honest, objective research for once in your life.

          Jun 01, 2019 01:35 AM

          You are also ignorant Matthew especially when it comes to what John Williams does to exaggerate the unemployment rate.

            Jun 01, 2019 01:11 PM

            You’re a fool, paul.

        May 24, 2019 24:05 AM

        CFS……..so far the scriptures have served me very well.
        As far as history…..I think Matthew summed it up , very well….Thank you very much.
        You need to do some more work on the Zionist…..before you start on a history lesson.

    cfs
    May 24, 2019 24:43 AM

    What makes you think the UK will deport Assange to the US?

    The Brits do not deport someone technically eligible to the death penalty.
    Anyway, the Swedes have a claim which chronologically predates the U.S. one, so legally that claim has to be addressed first.

    cfs
    May 24, 2019 24:47 AM
    May 24, 2019 24:55 AM

    Boys!

    What we’ve known all along has been confirmed.

    The Israeliar Mossad knew in advance of the 9/11 attacks.

    Our good friends the Dancing Israeliars were Mossad.

    https://www.corbettreport.com/interview-1443-new-world-next-week-with-james-evan-pilato/

    Now get back to work Boys!

    You gotta pay them taxes to send all that “foreign aid” to Bibi’s gooberment!

      May 24, 2019 24:06 AM

      Tell CFS……he is a ball lost in high weeds…….

      May 24, 2019 24:09 AM

      I think CFS……might be a jewish scientist…….lol

        cfs
        May 24, 2019 24:01 AM

        How many times do I have to tell you I’m Not Jewish or Christian, and I believe Islam is totally unacceptable without a reformation, even for a Libertarian.

      May 24, 2019 24:10 AM

      Just kidding,….do not get excited CFS…….

        May 24, 2019 24:34 AM

        But, you really, do not have a clue…….

          May 24, 2019 24:35 AM

          No disrespect intended……..

          cfs
          May 24, 2019 24:03 AM

          Caught the Democrat disease of projection, have you Jerry?

            May 24, 2019 24:11 AM

            No CFS……..if, you ever read……anything in the last 10 yrs…….
            I have always said…..THERE IS A TWO HEADED SNAKE , and we have neither demo nor repubs…..and You have to go back to Andrew Jackson 1837….to see a difference in the parties….

            May 24, 2019 24:14 AM

            CFS, you brought that disease here with your comment at 9:07.

            May 24, 2019 24:16 AM

            Jerry, you have to get used to the CFSs of the world; they account for probably 90% of the population.

            May 24, 2019 24:16 AM

            Until you have TERM LIMITS and END THE FED……..you will just be flip flopping around in the high weeds….looking for a tablet to tell you which direction to go….

            May 24, 2019 24:19 AM

            Matthew……thanks for the reminder……I keep forgetting ….

            May 30, 2019 30:14 PM

            Matthew,

            You are no better slim ball.

            Jun 01, 2019 01:13 PM

            Objectively, I actually am, paulito.

      May 24, 2019 24:21 AM

      I tell ya Jerry, if that doesn’t get the people steamed I don’t know what will. And we gotta send our tax dollars to the b@stards!

      It’s like I always say, goooberment is the biggest rip-off there is.

        May 24, 2019 24:31 AM

        Going forward…….there are people, senators, congressmen, who are trying to pass legislation which would prevent , any ANTI ISRAEL language. ….which would help uncover more of what has been going on since., 1850…..

        cfs
        May 24, 2019 24:58 AM

        I agree about aid. We should definitely stop paying aid to Israel, and lots of other countries.

      cfs
      May 24, 2019 24:56 AM

      Why do you think Israel might not have the best spying operation in the world?
      They do not waste money on being politically correct. They spy on the U.S. and all Arab countries.
      It does not surprize me Israel had advance knowledge of 9/11, why should it surprize you?

        May 24, 2019 24:08 AM

        Israel is not anyone’s friend………..Russian History 101…….Zionist overthrew the Czar…and they intend on doing the same to America…..

    cfs
    May 24, 2019 24:19 AM

    How would Israel overthrowing America (whatever that means) help Israel?

    Israel and many Jews would not do something which would not help them also.

      May 24, 2019 24:21 AM

      Separate the who from the do………
      Do some more research……then get back to me….

      May 24, 2019 24:32 AM

      OMGosh..think…..NWO, NEOCON, ZIONIST…….Trump has not eliminated anything….
      He has merely embolden the zionist.
      The FED/ZIONIST BANKERS,….have already put everyone in BONDAGE in the USA.

    cfs
    May 24, 2019 24:21 AM

    Seriously, Jerry.
    You’re not thinking straight.
    Without US protection, Israel would probably disappear off the map within 2 years.

      May 24, 2019 24:33 AM

      Seriously……..You are the one who is not thinking…….

            May 24, 2019 24:26 PM

            Today Iran and Venezuela are once again in the crosshairs of the American Empire’s belligerence. Their defiance to the dominant socioeconomic order will simply not be tolerated by the global ruling caste, represented as the unquestioned “interests” of the United States. The imposed suffering on these nations has been twisted as proof that they are now in need of American salvation in the form of even more crippling sanctions, coups, neoliberal austerity and military intervention. As the corporate vultures lie in wait for the next carcass of a society to feed upon, the hawks are busy building the case for the continuation and expansion of capitalist wars of conquest.

            Bolton and Pompeo are now the equivalent of the generals who carved up Numidia for the wealthy families of ancient Rome, with Trump, the half-witted, narcissistic and cruel emperor, presiding over the whole in extremis farce. Indeed, the bloated orange Emperor issued the latest of his decrees in his usual banal fashion, via tweet:

            “If Iran wants to fight, that will be the official end of Iran. Never threaten the United States again!”