Is the move down in gold all about the Fed comments? – Correct Audio File
Craig Hemke, Founder of TF Metals Report joins me to discuss the move down in gold today. After yesterday’s Fed statement and Chairman Jerome Powell’s press conference the commodities broadly sold off. We breakdown what Jerome Powell said and ask what is truly driving the commodities.
Alden on the financials…. today
https://www.youtube.com/watch?v=jC_KwIt33Dk
Hey Craig, is 2300 dollar gold still coming sooner than we think?
LOL
Clown Boy Craig… how much longer will you guys keep listening to this clueless dope?
It’s Brian Lenny (sp?). Did you listen before you attacked Craig or does content matter?
Possibly this will help: Craig makes annual projections normally in January of each year. He considers fundamentals and technicals, but he considers markets rigged/manipulated and realizes that technicals/fundamentals can be affected by market intervention. Therefore, he looks for short term and ling term trends within historic data which may be helpful in predicting future interventions. Not easy on its face. Examples are he found that gold was tracking the Japanese Yen on a one for one basis for over a year or mire than it switched to the Chinese Yuan also for an extended period. The interesting thing was these currencies were one of tge worst performing currencies during those respective periods. If course at anytime, there can be interventions at any time of a counter-intuitive nature which cannot be foreseen as they are not market driven but human driven. In essence, Craig is trying to predict criminal behavior in unregulated markets. Maybe that helps when listening to his interviews.
mire than = more, then
tge = the
If course = Of course
Christopher Vecchio on FED strategy : https://www.youtube.com/watch?v=s1YVoJX1Mvc
That’s not Craig
Great observation……. Nigel….
Bargain hunters should step in Friday to soak up some carnage
After most of the Asian and European worlds celebrated higher paper contract prices, someone with a bunch of contracts to sell, dumped them all at on e before US open, achieving terrible prices due to the low volume and guaranteed for themselves the worst possible prices for their contracts (if they really existed). Since this is a common bad practice, you would think this entity is broke by now or at least in jail for fraudulent manipulative trading practices. Have a nice day …again.
Only listed a very short time as TBBLF.
Tombill drills 13.3 m of 6.23 g/t Au at Tombill Main
2021-06-17 12:41 ET – News Release
Mr. Adam Horne reports
TOMBILL MINES CONFIRMS EXTENSION OF THE F-ZONE ONTO ITS FLAGSHIP PROPERTY: INTERSECTS 6.23 GPT GOLD OVER 13.3M
Tombill Mines Ltd. has provided an exploration update at its 100-per-cent-controlled, royalty-free flagship and patented Tombill Main Group property within the Geraldton gold camp.
/GC 4 hour…Shows RSI oversold…I await a price/RSI divergence…Smaller candles are important to me…Fundamentally., i think the market makers want to hold things down to trigger margin calls next week,on GDX type holders etc…..I have no proof other than FINRA showing futures contracts were shrinking into recent highs…Hope I was clear…
KDKCF
KODIAK ADDS SECOND DRILL RIG AT MPD COPPER-GOLD PORPHYRY PROJECT IN SOUTHERN BRITISH COLUMBIA
Kodiak Copper Corp. has mobilized a second drill rig to Kodiak’s 100-per-cent-owned MPD copper-gold porphyry project in southern British Columbia, where the company is executing a fully funded drill program of up to 30,000 metres in 2021.
Drilling this year has focused on extending the Gate zone where Kodiak made a high-grade copper-gold discovery at the northern end of a one-kilometre-long soil anomaly (see news release Sept. 3, 2020). The second rig will initially assist in stepout and infill drilling at Gate. As the year progresses, the company expects to move one of the rigs to the Dillard zone, situated approximately two kilometres southeast of the current drilling. Dillard is a high-priority target similar to the Gate zone, characterized by a substantial copper-in-soil anomaly, geophysical responses and encouraging mineralization in historic drilling.
Claudia Tornquist, president and chief executive officer of Kodiak, said: “It is a truly exciting time for Kodiak as we follow up on our transformative Gate zone discovery with a fully funded, significantly larger drill program. We are pleased with the progress of the program to date and are looking forward to accelerating the drilling at the Gate zone. Our shareholders can expect the first results from this year’s drill campaign in a few weeks and a steady flow of drill results throughout the remainder of 2021.”
MPD is a large, consolidated land package (147 square km) located near several operating mines in the southern Quesnel Terrane, British Columbia’s primary copper-gold producing belt. The project is located mid-way between the towns of Merritt and Princeton, with year-round accessibility and excellent infrastructure nearby.
Leocor Gold Increases Private Placement Offering
TheNewswire.ca – Thu Jun 17, 7:31AM CDT
(via TheNewswire)
VANCOUVER, BC – TheNewswire – June 17, 2021 – Leocor Gold Inc. (CNSX:LECR.CN) (OTC:LECRF) (FRA:LGO) (“Leocor” or the “Company”), a rapidly growing resource exploration & development company, is pleased to announce that it elected to increase the size of its previously announced private placement (the “Offering”). The Company will now offer up to 17,000,000 non-flow-through units (each, an “NFT Unit”) at a price of $0.50 per NFT Unit, and up to 4,166,667 flow-through units (each, an “FT Unit”) at a price of $0.60 for FT Unit, for combined gross proceeds of up to $11,000,000.
AND IT WENT UP TODAY.