We wanted to come out with an updated resource during H1 of 2024, but as we were finishing up the drilling we accidentally hit nearly 50-meters of 6.7 grams of gold equivalent, nearly 110-meters from the closest mineralized hole.
Our gold and silver stocks could soon be the biggest rocket ships of all!
Score a huge point for the Soros horde of swamp creatures because, if George Soros is not the Creature from the Black Lagoon in charge of running the swamp, it would be hard to figure out who is.
US Thanksgiving week, 11 metrics come due for the Econ Baro, including 10 packed into Monday through Wednesday, the PCE data surely to get the lion’s share of interest.
Trading Recommendation: Go long gold. Use puts as stops. Active Positions: Long gold futures in size from $1080, with puts as our stops!
In a real bull phase (e.g. 2018-2020) gold sentiment can get very overdone, reset, and then resume bulling after the MOMOs, FOMOs and various and sundry other cling-ons have been shaken out.
Some amount of waste is probably inevitable. But we can certainly reduce it, and I’m hopeful the new administration and Congress will try.