Gold spiked up as much as $16 when the Comex floor trading opened today. With China closed for the week and India closed today, the only possible catalyst triggering a big move on the Comex paper market is the ongoing financial and economic melt-down in Italy. That said, yesterday saw massive bid-side activity during the A.M. and P.M. LBMA fixes, as reported several hours after the fact. One can only wonder what triggered heavy buy-interest in London…
The Mining Stock Daily’s Trevor Hall had an opportunity to interview Rob McEwen at the Beaver Creek Precious Metals Summit last week. Rob discussed the current activities at each of McEwen Mining’s properties. MUX is projected to produce over 200,000 ozs of gold in 2019, ramping up to 300,000 after that. The Mining Stock Journal believes that MUX is undervalued by at least 60% with the price of gold at $1200. You can listen to the interview by clicking this link or on the graphic below:
It’s ok !@?? , everything is illusion now.
Trump promised them to buy their bonds few weeks ago ???
Gold, silver, bonds, stocks. Let me tell you we got
much bigger problems. Watch this and try not to cry.
https://www.youtube.com/watch?v=rsJO1pfVHbI
Excellent video.
We are living in really strange World, indeed full of idiots !!
What happened to natural selection ??
Dave,
Mr. McEwen is obviously very successful but the sedation that Trevor Hall and him provide beats any sleeping pill. Too bad you didn’t participate in this interview especially after the Rockies win last night.
LOL The best part of that win was the dead-silence in Wrigley after that last strike