Ancient One
Ancient One
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avatarAncient One
08-22 13:07
avatarAncient One
08-22 08:44
Remember, this is pre-determined and blind. They set the schedule with their broker months in advance to sell at pre-determined levels.
Hecla Mining VP Sustainability Patrick Shay Malone Sells 23,994 Shares for $497,079.78
avatarAncient One
08-22 08:42
Golden Cross should be appearing in a couple of days .. but remember it's a lagging indicator. Price and volume are your best indicators.  Weak hands all cleared after months, US$40T debt, interest at 120% of US GDP, Trump focused on his granites WH driveway. Fed will probably be hawkish next week - does market ignore the Fed or reacts to it is the big question.  Remember the issue is REAL interest rate !!  Can Fed rise interest rate ? YES  Can Fed rise   short term without impacting long term Treasury? Maybe , not for long Can Fed rise interest rate without impacting US midterm elections? Probably not US Treasury just half threatened and half begged the world to buy US bonds and keep bonds rates down. - the market Called bluff, took the US$4 billion and laughed.&n
Goldman Says Options Demand Could Push Gold Beyond $4,900 Forecast
avatarAncient One
08-21 23:13
The guy who crashed the Pound will crash the dollar. He probably wish he is sitting on the other side betting against the USD. .. maybe he is.. who knows..
Jackson Hole Is Where Warsh Can Lay Out the Fed’s Inflation Plan. Wall Street Wants to Know
avatarAncient One
08-21 20:23
Miners and gold will be pushing forward. US Treasuries are done for now. Even if you get interest, the real rate is negative. USD is falling, YEN is falling harder ! Both countries are trying to fund programs they cannot afford. Meanwhile Potus is more interested in his White House granite driveway and his personal stock portfolio And his Twitter clone, and tax refund for his buddies. Who cares about US$40 trillion debt or that the interest is much more than USA gdp, more than 1 trillion a year. Scott what's his name 4 billion buyback is a joke but is also indicative of where they are.Market absorbs that in 1 day .  Fed has at most 25 points they can rise on short rates before it come back to bite them on the rear end on long term treasury.  Even trump is suggesting a crypto Gold
Movement Alert|Anglogold Ashanti Rises 3.09% in Regular Trading, Strong Reversal From Pre-Market Dip Backed by Robust Q2 Earnings and $2B Buyback Approval
avatarAncient One
08-21 19:30
This is the beginning of..
Spot Silver Topped $70/Oz For The First Time Since June 17
avatarAncient One
08-21 17:34
This is a re-rating of AU and a re-rating of Gold and US treasury , or more correctly $40 Trillion of US debt . Finally people are waking up to 1. Fed has little room to increase rates without setting of a recession or forcing treasury to raise Bond rates, treasury cannot afford to increase bond rates as interest is 120% of USA GDP . (What does your neighbour do when their interest on loan becomes more than their income? - if they are law abiding, they declare bankruptcy, if they gangster, the start trying to steal from friends and rob strangers.)  2. It's not the interest rates, it's the real interest rates that's important  3. Gold pays no interest or dividends but miners are paying dividends and shares buybacks.  4. Next one that will fly is Barrick - when details of Thei
Movement Alert|Anglogold Ashanti Rises 3.13% in Pre-Market Trading, Strong Q2 Earnings and $2B Buyback Approval Fuel Continued Rally
avatarAncient One
08-20 21:38
Remember AMZN and MSFT went through the same cycle 6 months ago, and you were just telling yourself "I wish I bought when they were at their bottom ", here is your opportunity, BABA is going through same cycle 
Alibaba Q1 Revenue Rises 9% to RMB 268.95 Billion, Profit Falls as Tech Spending Weighs
Don't buy now, when to buy ? Qwen is recognised as the go to open weight model. MSFT and AMZN is an example. 
Alibaba Q1 Revenue Rises 9% to RMB 268.95 Billion, Profit Falls as Tech Spending Weighs
TACO Tuesday, only Canada is too nice to call him out for it (unlike Iran) . Trump is stuck as I've predicted. US economy can withstand tariffs better than most countries (except china) but American has the least tolerance because they have minimum savings , high inflation and bad job numbers - don't trust official job numbers, they will give a good number and walk it back after 2 months blaming "new reporting "- minimum the economists can do to not become part of the statistics in trump's administration and yet keep their integrity for next jobs. Fed chair already start the chain, by not stating his views and his votes.  Mid-term is here, after that, Trump either starts deciding what we want to take from White House to hide in Florida or he starts his 3rd term nonsense, either way, A
Trump Says US and Canada Strike Deal, Temporarily Pauses Tariffs
jobless numbers going up 
US Weekly Jobless Claims Increase Moderately, Point to Stable Labor Market
Stop believing in US official numbers. Real inflation is much higher, real unemployment is also much higher. USA is entering into stagflation. 
US Consumer Prices Increase as Expected in July
This is miner decompression, coil spring coming alive , AU beating both top and bottom lines expectation. People said that miner lock step with gold , but gold is a neutral store of value, has no dividend and interest . Miners has shares buyback and dividends. As Japan yen falls, USD is in trouble, too much short term treasury bonds due soon. Look at the US job numbers, then give it a major discount because they are not publishing the real numbers as Trump will fire anybody that releases negative news. They have no room to raise interest rates because of the huge debt, that's why US govt had to support Japan yen but that's Just delaying the inevitable. Yen is back to where it was, merely delayed by a couple of days . What will Japan do ? They will stop buying US debt to support their
Anglogold Ashanti up Nearly 10%, on Pace for Largest Percent Increase Since April 2025
This is miner decompression, coil spring coming alive , AU beating both top and bottom lines expectation. People said that miner lock step with gold , but gold is a neutral store of value, has no dividend and interest . Miners has shares buyback and dividends. As Japan yen falls, USD is in trouble, too much short term treasury bonds due soon. Look at the US job numbers, then give it a major discount because they are not publishing the real numbers as Trump will fire anybody that releases negative news. They have no room to raise interest rates because of the huge debt, that's why US govt had to support Japan yen but that's delaying the inevitable. Yen is back to where it was, merely delayed by a couple of days . What will Japan do ? Stop buying US  debt to support their PM social
Anglogold Ashanti PLC Stock (AU) Moved Up by 9.46% on Aug 7: Drivers Behind the Movement
This is value - 1.2B buyback in last quarter, Another 1.9B that can be used for buyback or dividend. NewCo IPO , dividend. Buy the dip, gold has no interest but miners has dividends and buyback. 
Barrick Says North America Gold IPO Is ‘Very Close’
What people don't understand, Amazon is not just building AI infrastructures, they also owns OpenAI and Anthropic , and when those goes ipo , the stock will sky rocket !
Amazon Plans Pecos County, Texas Data Center Campus Powered by New On-Site Generation, Aims to Limit Water Use
A new cycle of cloud services. Alibaba is releasing the smaller models but the larger ones are no longer open weight, so they will start offering different services, from AI as a service, to hosting etc .
Alibaba HK Shares at 10-Week High on Qwen's Opening up Service Integration
Just a excuse to buy at lower prices. Barrick has NewCo IPO which they will spin off 20% and hold 80%, so overall valuation of Barrick will go up. They have stock buyback ongoing, they get 1.9B that will that will be use for stock buyback or dividends. Just because ASIC went up , but the Iran war going on for 1/2, and Africa countries are asking for larger shares of the profits, so asic will definitely go up.  Look at the various scenarios or examples when prices go down immediately after a decent quarter, almost all trade much higher within weeks. 
Barrick Mining Misses Second-Quarter Profit Estimates, Settles Nevada Dispute with Newmont
He can't even control his own mouth, much less the straits of Hormuz 
Trump Says US Forces Effectively Control Strait of Hormuz, Have Cleared Sea Mines
The fundamental difference between gold and miners is that gold offers no interest and dividends but miners does, and in addition, miners can do stock buybacks.  Not saying gold won't go up . At current gold prices, miners are still racking it in. USA are still printing paper currency, and their debt are at a all time high. Russia is selling gold , not because gold is worthless but because they need to support their war economy. Same thing with other countries but most countries are increasing their holdings of gold. Both HK and Singapore has build large physical vaults, so that tells you the direction of gold. 
Barrick Mining Corp Expected to Post Earnings of 88 Cents a Share - Earnings Preview

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