/biz/ - Business & Finance

CPI 0.1%, M/M, Exp. -0.1%
CPI Core 0.6% M/M, Exp. 0.3%,

CPI 8.3% Y/Y, Exp. 8.1%
CPI Core 6.3% Y/Y, Exp. 6.1%

Big upside beat to inflation.

You misspelled Bayhorse General.

>>51408459
BONANZA for Scottie

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2659-tsx-venture/scot/127840-scottie-resources-extends-depth-of-blueberry-contact-zone-to-360-metres-with-intercept-of-7-07-g-t-gold-over-24-55-metres.html

>>51408459
BONANZA for New Found

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2830-tsx-venture/nfg/127812-new-found-intercepts-152-1-g-t-au-over-3-85m-12-98-g-t-au-over-14-95m-at-lotto-main-vein-confirms-continuity-of-high-grade-over-220m-strike.html

>75bps hike fully priced in. Odds of 100bps rate hike rise hit 23%
Don't worry about inflation guys, the fed will just take care of it by creating the worst depression in 200 years.

>>51408459
BONANZA from Michelle

>>51408537
>>51408565
Where bonanza for blue laggon, sir?... RANA!

>>51408459
NOTHING from Rana

Sticky service inflation running hot. Also
>The food index increased 11.4% over the last year, the largest 12-month increase since the period ending May 1979.

Look at this chart of Gold.

Where do you guys think it's realistically going to go in the next 4 months? Is it going to keep dropping below 1600 or recover?

>>51408840
Titanium diamond encrusted support at 1680. Inevitable pump above 2000 when the economy is confirmed dead and the fed will be forced to become more dovish.

What do you guys think of OPAWICA EXPLORATIONS INC?

>>51408959
wouldn't the fed pivot take like a year to happen?
In the meantime wouldn't gold keep dumping because people think the fed is raising rates and we're entering a recession?

I know what's going to happen in the long game. I'm more concerned about what is happening within the next 4 months or so for personal reasons. I don't want gold to fall below 1650 or so.

>>51408840
We may touch the 200 week moving average which is conveniently sitting at around the 1680 support so it'll be very hard to break, but we're going to slowly make our way to at least 1800

>>51408999
>wouldn't the fed pivot take like a year to happen?
Could be, I think it will be sooner than 12 months. A lot of data points are already looking awful, but there's still a lot of liquidity slushing around from covid stimulus so I think that's what's keeping this going for a little while longer. But this economy simply can't handle 4%+ rates, back in 2019 during the last hiking cycle they had to back off at 2.5% already and the economy is much worse today.
>In the meantime wouldn't gold keep dumping because people think the fed is raising rates and we're entering a recession?
More rate hikes are already priced in, so they would have to become even more hawkish + the economy would be able to handle it too, which it won't. Because they will ease off if things get too bad. No way they are going to crash everything just to get to 2% inflation instead of 4 or 5%.
>>51408972
It's a dog.

Did anyone have Alexco shares that were converted to Hecla shares after the acquisition? I need to know if your Alexco position was sold by your broker, causing a realized gain or loss, before your HL shares were credited, I think Fidelity is screwing me

Chen Lin on silver use in solar panels.
https://m.youtube.com/watch?v=M9LO-WXh2rQ&feature=share

>>51409179
>It's a dog.
why is that?

It was recommended here a few months ago.

>>51409473
They don't have anything. I wouldn't invest in companies with this low of a market cap, they have to dilute like crazy just to cover overhead cost.

>>51409502
>They don't have anything
I heard they were waiting on results or some shit.

Anyway, I bought a bunch a few months ago and lost 35% of my money. Selling now will be difficult due to low liquidity. Should I just wait it out?
Gold is going to rise again so it should rise.

CPI Manipulation Hot Take: the inflation numbers were actually lower than expected, but because silver and platinum were making a run for the exits, a phone call was made to adjust the numbers upwards so that they would cause a market wide dump. Immediately after the phone call was made, PSLV short interest rose 731%.

>>51409640
I would just look to get out when I could and then not invest in a sub $10M company again.

>>51409473
Sprott likes Opawica and is invested, and I heard him talk positively about them in an interview. Also, their CEO is still buying shares and there's zero insider selling. I wouldn't call it a dog, I'd say it's very early.

>>51409640
I have some too and am waiting it out. With gold down, and shorters taking advantage of gold's weakness, Opawica has been beaten down like most explorers.

I can't believe I predicted the market dump. Yesterday I was wondering why they didn't smash the prices down, and I realized it was to get people buying in to attack today.

>>51409733
>>51409854
hmmm okay good advice

what are we waiting on currently? When's the next big catalyst that will make it explode upward?

>>51409939
However it doesn't matter, I also realize the things in motion cannot be undone. Buy today until September 26. This is the bottom.

https://twitter.com/DaveHcontrarian/status/1562815419446362112?cxt=HHwWgIDU2YCWnrArAAAA

>>51408840
I really don't know what to expect from gold and gold miners right now. Could go either way. I wouldn't be surprised if they crabbed or went up from here but the same goes for if gold dumped to $1,500, at which point I would back up the truck and buy a helluvalot

>>51409993
>Watch and learn

>>51408388
>>51408407
>>51408459
>>51408513
>>51408537
>>51408565
>>51408582
>>51408592
>>51408608
>>51408617
>>51408696
>>51408840
>>51408959
>>51408972
>>51408999
>>51409013
>>51409179
>>51409350
>>51409355
>>51409473
>>51409502
>>51409640
>>51409652
>>51409717
>>51409733
>>51409854
>>51409939
>>51409945
>>51409993
>>51410078
>>51410079

*Ahem*

Here's a pointless mass reply,

using plebbit spacing.

I also saged this reply,

in order to make it even more pointless.

Enjoy.

>>51409355
Eye opening presentation.
Thank you gook man.

>>51409945
Drill results last month were good grades, but not the lengths that get the market excited with gold down, kind of like Lagoon. Phase 2 drilling is coming up, this is an informative news release

https://opawica.com/opawica-drills-18-7-g-t-au-13-70-g-t-au-and-12-7-g-t-au-at-bazooka/

>>51410265
I still don't get why this place likes lagoon so much.

>>51410265
Blue Lagoon has had some much better intercepts than that.
>>51410325
I'm guessing it's partly because they have quick path to production, not sure why permits are taking so long though. They have a lot of UG development done already and they won't even be processing their own ore. They are still waiting for permits, right? Seems like a simple quick permit to get.

>>51410325
I know what you mean. Seems like everyone who owns Blue Lagoon here also happens to have a bag of Bayhorse they'll never be able to sell. Y'all ain't foolin' me.

>>51410325
We're not alone liking it, we were just early

>>51410325
Me neither man. Me neither.

>>51410492
Yeah that's right they have the mining permit already actually. So they need to make minor amendments to the permit to be allowed to produce and that's taking them years? Almost seems like they are deliberately dragging their feet.

Does anyone know how much cash Lagoon has? Rana should deliver some giant hits before any more ad campaigns with trannies and youtubers

Why does it seem like MOST silver/gold mining companies are CANADIAN?

>>51411067
Because they are

>>51411067
legal stuff, regulations, business environment, etc idk

>>51410855
He just took some out of his will smith fund for the commercials.

>>51409640
How do you guys put your money in these companies without knowing the first thing about them? Anyway they are waiting for assay results from their second property in Quebec. Those are expected this month. They also have 1.4 million in cash and are expecting 500k+ through tax refunds so they can fund their next phase drilling.

>>51411633
I also warned you guys about them last month because they have really shady connections, but I guess there's no point in selling now when the MC is basically the same as their effective cash position, numerous properties for free.

>>51408537
Scottie up 8% today, Brad can't stop hitting gold at Blueberry

>>51411813
Apparently it's only 20km from Ascot's project, so they have a natural buyer lined up with infrastructure in place. If they manage to get in to production succesfully anyway.

>>51411988
Fred from scooby doo is all I think about hearing ascot.

I didn't realize this, Scottie is doing some serious drilling this season with great results
>With over 75 holes already drilled this season, and just 6 reported so far
>initial deep test hits 7.07 g/t gold over 24.55 metres

>>51412048
>The Ascot Five are a boy band, known for their song, "Don't Touch My Ascot". Fred Jones is a big fan, and dresses almost identical to them.

That's some lore I did not know.

Been watching the lines and if you look at the weekly averages, cumulatively, the last 5 months I've done more lines than the previous 5 months. Could be inflation numbers just hitting hard but could be that I'm just doing more lines.

-Red

>>51412324
First, I need to know them as a good friend then I WOULD

>>51410398

>>51408537
>>51408565
holy shit those are fantastic intercepts! Newfound Gold just keeps hitting it!
Scottie too! Great news over all.

>>51411988
The Scottie Gold Mine sits on the old Granduc mine access road, and also sits right in the power line corridor that services several other major projects, infrastructure is key to mines, and the Scottie gold mine is pretty much perfectly placed for easy access.

>>51412675
Yeah, it's almost *too* close to infrastructure as the deposit seems to be right beneath the road. They have some good intercepts near surface so you would probably like to open pit that, might not be worth moving the road so you would have to UG the entire thing, but not a big issue.
>>51412324
Good stuff, thanks for the update, red. kek.

So how concerned is everyone with some sort of crash coming up within the next few months? If you are concerned, what is your plan? I hear people alluding to this around here, but there's not too much concrete talk. I expect another major downturn sometime in december-january, and am considering pulling everything out around November. I'm betting that by the end of the year, either there's major political fighting, increased energy issues, and/or retail stores start ramping up their layoffs. Yes yes, all that shit is already happening, but I think it'll get to the point where the normiest of normies will see that everything is fucked by then.

>>51413053
Depends on what you're talking about. If you think the economy is going to shit, which I do, then obv the play is to get out of all cyclical stocks, and just most stocks in general. Gold could get dragged down with everything else at first, but will probably quickly rebound and rally higher like in 08 as they have to ease monetary policy.

>>51413039
they can move the road without issue if they want to do an open pit.

I notice too Dolly Varden silver had a nice bit of news too this morning.
https://dollyvardensilver.com/dolly-varden-silver-intersects-1-60-meters-of-4326-g-t-ag-4-2-pb-1-4-zn-and-1-0-g-t-au-within-19-85-meters-averaging-584-g-t-ag-at-wolf-vein-extension/
most of the intercepts were pretty narrow but still pretty good.

>>51413053
>what is your plan
No plan. I mean, I'm all in junior gold and silver ranging from 4 MC to 80 MC. They were all very cheap so even if they crash, I'll just average down...

Buying cheap can't be wrong when you know how the movie end. Honestly, it all depend how the energy crisis unfold. No one can predict anything. All I can see myself doing is add more junior until October then start building my cash position in case something big happen. Tax loss season is soon anyway so might as well have a good cash so I can buy big early January.

>>51413053
Easy, hold cash especially USD. And hold puts on shitcos like Spotify or Robinhood. And why not hedge long positions by buying puts on oil/gas producers too

Saddle up boys, 3 cents definitely possible soon.

>>51413676
Is that a good exit point if my entry was at .21?

>>51413708
It'll be $0.21 again after the inevitable 10:1

>>51413728
>10:1
Is that PP shares compared to insider held shares

>>51412056
and yet snowline faggotry is up 10x
This is why stocks are gay

>>51413803
he means share consolidation

>>51413862
Scottie bros will make it, they keep hitting gold and assays for around 70 holes are coming!

Lion One bros are gonna make it, they already released the bonanza grade 2 months ago. The price will go up.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1480-tsx-venture/lio/122513-lion-one-discovers-major-new-gold-feeder-structure-20-86-g-t-au-over-75-9-meters-at-depth-beneath-the-current-resource-at-tuvatu-fiji.html

Anyone else kind of flat? Meanwhile smg is screaming. Is this a sign of a decouple?

Look at the bright side lads, we didn't drink the Jim Jones koolaid

>the math is the math

>>51415641
I made like $10k on EMO

https://www.zerohedge.com/energy/biden-admin-reportedly-ready-refill-strategic-petroelum-reserve
>Biden administration sets WTI price floor to $80/bbl

>>51415468
I guess my -2% are kinda flat compared to -5% QQQ or -4% SPY

boomerbros..?

>>51416747
Opposite is also true, based

>>51416871
>Gold should already be 2500

The yen continues to plummet.

https://youtu.be/bbxjTzEbLmI

>>51413053
I have so little in the market that I can basically double my investments saving cash for the bottom that we may get early next year.
Not exactly worried about a fall to be honest.
If anything I'd be happy to get a collapse for a better average. This year has been a red slide down for me because I got in at such a crappy time, so more red doesn't phase me much.

>>51417175
It has a long way to go until we hit historical lows.
I hope it gets completely fucked so we can all get cheap Japan countryside homes.
On the other hand Japan countryside has scary large bugs so I'll probably just move to some city.

>>51417175
nipponbros..?

>>51417175
>>51417457
>>51417470
it's time

>>51417175

>>51417532
How many silver eagles for a Japanese gf?

Who the hell was expecting a Joe Biden put?

>>51417677
current exchange 1 eagle = 2 GFs

GOCO just had a 430% day based off their newly discovered mineralized zones and core visuals. Still only has a MC of 9.3m.

what uranium ETF? I can't figure out what's better between URNM and UUUU?
am I overthinking it and they basically are the same thing in essence?
all I want is exposure to the uranium price

>>51418285
That's some juicy looking core.

>>51418285
oh man thats good looking core porn

>>51418285
>its another "mine that moons not ours" episode

>>51418285
Cool stuff

>>51418524

>>51418524
>>51419333
bonanza bros...

>>51418326
If you think UUUU is an ETF you need to lurk for another two months

>>51421816
>>51418326
UUUU is energy fuels, they're a great company you may consider investing in, instead of an ETF

>>51408388
Where do we think copper's going? Exchange inventories have been edging lower, commentators saying $7k / ton looks like the floor.

https://www.nasdaq.com/articles/metals-lme-copper-set-for-best-week-in-6-on-weaker-dollar-china-data

>Copper prices are also supported by tight supply of immediately available metals. The premium of cash copper on the LME over the three-month contract MCU0-3 ended at $108.50 a tonne on Thursday, its highest since November 2021.
>LME copper inventories MCUSTX-TOTAL fell to 102,725 tonnes, their lowest since April 6, and bonded warehouse stockpiles of the metal in China SMM-CUR-BON were at a record low of 142,200 tonnes.
>Copper demand in China has improved since last month, CRU analyst He Tianyu said, adding that consumption of the metal is expected to be stronger in the fourth quarter.
>However, it is unclear whether copper prices could sustain a rally given the metal's performance is highly correlated with the global economic outlook, which is weighed down by high inflation, an energy crisis and rising interest rates.

>>51418326
There are three (3) uranium etfs:
>URNM
>URA
>U-UN (sprott physical)

Both URNM and URA have exposure to Sprott Physical, as well as Yellowcake (also physical). Kazatomprom enriches uranium, one of the few companies in the entire WORLD that does so; URNM has more weight towards these two. The price of uranium is projected to probably 2x or more over the next 2-3 years (incidentally it takes about that long to go from ground=>power station).

Personally, my ideal is like 70% URNM, 10% physical, 12% SMR, 8% other (eg UUUU).
SMR makes miniaturized reactors (like 40 feet tall) so new construction will want them at some point

>>51408388
Hoping this is the right thread to take this to since you guys talk about natural gas prices. I have the option to lock in current heating costs with my power company for $.87 a therm, which is up almost $.37 from what I paid last year by locking in the current price. I've got until the first week of October to decide whether to lock in my price at $.87 for one year or just pay the current market rate. A bunch of more mainstream results said that the price would drop at the end of winter but I'm not so sure.

I'm in the American Midwest. Don't expect the energy crisis to hit us here like it will the Europeans but betting that energy prices stateside will drop in the next year seems unlikely.

>>51422626
I would continue paying the variable rate. I think you'll pay higher than $0.87/therm this winter as the greedy Europoors drive up prices but I expect it will moderate thereafter. The thing to remember about Eurocommies is that they're commies. Already they're planning to seize profits made by energy companies in the name of having them "pay their fair share" of energy costs. These are the same fags who have spent years trying to bankrupt oil & gas companies because of their ultragay green wet dream.

EU will seize profits from energy companies, possibly even engage in another round of trillion euro stimulus, which will prevent prices from squeezing too high, the europoors will cheer and applaud for the heroic bravery of their politicians while being oblivious to the fact that they're paying 50% income tax to be treated much the same way their peasant ancestors were hundreds of years ago but with Netflix and weed.

Do you think people will realize the world was effectively ruined by shutting down everything and giving out money for a flu variant? How do you fuck up so bad?

>>51423696
Not a chance.
I have lost any hope of the normie NPC having even the slightest modicum of brain activity after watching their insanity for the past couple of years.
People globally will simply blame who's currently holding the hot potato of a shit economy in their governments. Some of them might blame the previous gov and that's about it.
None of them will even remember the corona ordeal and I'm sure the governments are more than happy to try and brush that subject of lockdowns under the rug as quickly as possible, especially now that things are increasingly going to shit.
Of course this system falling was always inevitable and we started showing signs of weakness before corona hit. It just kicked things into full clown mode.

Last month I made a few posts about Russian nuclear plants, and in the midst of them I brought up how Russia has developed floating nuclear power station ships (see: Akademik Lomonosov) that are currently being used to provide power to Far East regions (think Kamchatka etc.) in order to facilitate economic activities like mining in regions where it otherwise wouldn’t be possible.

I also made note of how Russia was the only nation actively pursuing this technology.. not anymore, look who just showed up to the party:

https://www.neimagazine.com/news/newsus-begins-study-of-floating-nuclear-plants-9969565

Continuing, it’s interesting to note how Kremlin-controlled Rosatom is the builder and owner of Akademik Lomonosov.

On Sept 3, Rosatom and Russia’s Far East and Arctic Development state ministry signed a cooperation agreement, and a few days later, managing director Ivan Pechorin falls off the side of a boat.. I’m not sure if there was any fallout between parties. It’s just strange, much like the LUKOY ceo committing suicide a few weeks back.

https://www.rosatomafrica.com/en/press-centre/news/rosatom-and-russia-s-far-east-and-arctic-development-ministry-sign-cooperation-agreement-on-developm/

>>51422626
You are asking a tough question. It's hard to tell whether Henry Hub prices will go up or down from here. On one hand, US natgas prices tend to be cheaper than global prices and production seems to be keeping up well. But on the other hand the Freeport LNG terminal should be up and running again in November, meaning exports should increase. Furthermore natgas inventories are relatively low right now. There is a case to be made for both bulls and bears of US natgas. If you're more worried of prices going up consider locking in the price you are offered. If you think that these prices are an anomaly then consider abstaining

>>51413676

Boy oh boy, I bet that ore processing facility is Payette is running around the clock producing all that silver. A few threads ago someone was asking how to find its location, any updoots on the location? Can't be hard to find with all the those trucks coming in from the mine and all the silver bullion being shipped out.

>>51422358
Thanks anon.

>>51423696
They didn't fuck up; everything went according to plan.

Encore bros... is the reverse split bullish?

>>51427341
Well it comes with a pending NASDAQ listing so I suppose so

Will encuf pump or dump today?

>>51418524
>its another "mine that moons not ours" episode
Golden Ridge could be the next miner to moon. It's currently priced near its 12 month low and just started a 5,000 meter drill program on their property along the Appleton Fault. This maiden drill program is funded by Sprott.

>>51429222
full news release

https://www.goldenridgeresources.com/news/2022/index.php?content_id=175

>>51429222
Saw a lot of shilling and excitement for this area play a year or so ago. Did they ever drill any good results? These area plays tend to just be worse versions of the real deal, i.e. NFG in this case.

Cheniere Energy raises guidance, Wall St raises LNG price targets

https://www.barrons.com/articles/cheniere-energy-guidance-stock-price-targets-51663077153

>>51429356
They haven't drilled before, this is the start. 5,000 meters should give them enough holes to hit something, soil samples showed strong Au values. The Appleton fault has delivered some incredible hits for NFG. Sahre price is cheaper now than when Sprott bought in, but it is a crap-shoot.

>>51429627
might be worth throwing a thousand bucks or so to this then maybe. I'll think about it

Bought some CF today. Nitrates up, European nitrate producers are out of the game due to high natty price. CF uses US natty as feedstock. Technical entry point decent, RSI at about 40.

Salt gang, how's that $80 buyout progressing?

>>51430539
Oof

Just 50c to go

>>51430362
2 out of 9 production facilities being in the UK ain't great

Meanwhile, Go Metals corp continues its pump from yesterday. 10 bagger over 2 days, not that anyone here - including myself - owns a share.

>>51430606
it's fine. I think those are already shuttered. At least one of them is. The major production comes from the US

>>51430714
>its a "miner no one on cmm owns continues to moon" episode
Was the sequel necessary?

>>51430809
Some people chase results. I know I do, and would have here based on the low MC even after the day 1 pump, but only noticed it near close. At this point though I won't go in.

>>51430714
instead of crying or chasing one pumping on visuals of core we should be trying to find the next one

>>51430903
Find one what? If you want to get in early on a big release then you need to scan all news releases pre-market and have enough knowledge to make a determination on the fly. If you want to find the next big company before they even release results... well that's a pure gamble and all you can do is filter out some obviously lower quality ones.

>>51430903
I've been sitting comfy with my Sigma Lithium shares these past few weeks. Check it out. Production starting in a few months and lots of growth and FCF to come. Cheap in relation to future earnings imho

>>51430986
I've personally chosen Vulcan Energy which plans to be the core lithium provider for Europe. CEO says they're already sold out for the first 5 years of production due to contracts with Stellantis and others.

>>51430539
SALT coming back now, looks like a big boy losing his ass elsewhere got margin called and lost his SALT, kek

Red, is it oil and athabasca time, or not yet?

>>51431631
Yeah, it has touched green now. Maybe there will be a small run up to next weeks spin off.

>>51431780
You know, It's funny. I noticed today that i'd been so focused on athabasca that I hadn't realized that other oil plays like SM energy have actually been on an uptrend.

Oil is underneath the 200, a solid resistance. athabasca is kind of crabbing in a downtrend.

The SPR releases are going to end in about a month. I would be using this time to accumulate. It's pretty much been established that there's a floor of $80 and a ceiling of about $100. Athabasca is retardedly profitable at those prices.

>>51433653

>>51433683

>>51433653
>>51433683
>>51433708
Call me nuts, but if its crabbing, I want to wait for FOMC. I have a feeling they are going to end shemitah with a bang

https://www.gowebcasting.com/conferences/2022/09/13/precious-metals-summit/day/2

Day two of a precious metals summit if y'all looking for some new opportunities.

So I had an idea. Trading options has always left me with like 40% losses, and I always seem to do okay writing covered calls (most recently, I bought to close early on UUUU since I wasn't confident it'd drift back down to 7.00 by this friday and ended up wasting 3 weeks at a $1 net loss on it).

Anyways, how viable is it to have like 5 solid company in different sectors, wait for the sector to pop off, then write calls against that company? It's worked just fine with CMRX and UUUU for me, but I realized that if I have sector exposure, then the rallies will be more frequent.

>>51422358
>>51426130
Also worth mentioning is that because the sector is so small (like 60 companies, max), they all tend to move in lockstep on any news, they are all correlated like 95% so right now it doesn't really matter what you get, just buy something, for when money starts really flowing in (my dad told me he heard WSB is starting to discuss uranium - we're still early)

But over a long period of time, you will want exposure to clear winners, established companies, and ones that fill a specific niche (like physical, kazatom, etc). Myself, I have 500 shares of UUUU and want to pivot to URNM at some point.

>>51435393
>my dad told me he heard WSB is starting to discuss uranium - we're still early
if fucking reddit is talking about it is it really early?

>>51431780
Until we launch psy-op campaigns to convince the American supermajors that the Duvernay is actually a good shale play (fuck no lmao) allowing the Athabasca Oil Corporation to dump its vast tracks of useless land on them. Trust the plan.

>>51435688
Depends upon on which stage of "starting" they're on. Get in during the whispers but before the apes and billboards and you've got a chance.

>>51430903
>we should be trying to find the next one
this thread is a rolling, multi-year reminder of why that almost never works.

>>51431780
>>51435781
Why would I want to buy Athabasca instead of, say, Surge or Whitecap or Vermilion? What are the pros and cons?

>>51436726
Meant to quote >>51435771 instead of >>51435781 sry

I can't believe encuf, oh I am sorry, encud, couldn't fucking wait to bring out the good news until after the shemitah fucking. Hopefully it dumps when that happens, I have half of what I was planning to buy. Better not continue the uptrend.

Its funny. People would be begging for green days, meanwhile I want devil red to be a cheap bastard.

>>51436726
Athabasca is a high torque shitco mostly owned by retail investors. A place where capital has historically gone to die. Although some of their SAGD have been coming along nicely. Beware. Have fun.

Any day now

>>51438205
dont post that you'll scare him!

>>51425341
>asking how to find its location
Still looking for this. I'm 8 hrs by car to Payette.

>>51429619
Post the whole article. Fuck if I'm going to subscribe to jack shit.

>>51433653
what's the difference between regular RSI and stochastic RSI?

>>51439962
stochRSI is basically a normalized bayesian bootstrap of an eidetic-stochastic sample within the limited RSI

I hope that helps.

>>51439962
stochRSI is basically a normalized bayesian bootstrap of an ergodic-stochastic sample within the limited RSI. It is essentially a stochastic occilator applied to a stochastic occilator to amplify the signal which is then smoothed.

I hope that helps.

>>51439564
Pan Man would know.

Bought some Whitehaven Coal just now. Now that I have officially bought the top on coal we can all rejoice as the price will pull back 50% from here. You are welcome.

>>51440395
>Catalog
whats the advantage over regular RSI?

>>51439564

>>51441060
system is blocking the pic and words as spam so I had to split them -
Bayhorse press release states they bought 1 acre in Payette ID for ore processing facility. I looked up the parcel in the county records, which shows Bayhorse owns parcel P151500A0010 located at lat long 44.0594577890545, -116.92565018072399

>>51441096

here is a link to some foreign facebook site that supposedly shows the inside of the plant. Note at the end of the vid you see the house with the red roof out the back door. https://zh-cn.. "facebook" .com/BayhorseSilver/videos/895034277848009 Note the in the vid you can see double large blocks at the sides used as support for the metal arches for the roof in vid. In the pic I made upper left you see the blocks in the dirt field. In the same pic you see the house with the red roof at far right. At the end of the vid you can see what appears to be the same house with red roof. Also in the pic you can see the blue outline of the parcel designated by the county property tax map, which shows

>>51439564
>>51440714
I have no idea where it is, i looked but no dice. Its probably in an industrial park without a proper address.

>>51441627
>>51441060
>>51441096
>>51441142

pedo jannies blocked my third post with more info. but the pic and first text shows the location and provides the coordinates.

>>51437145
Yeah but they're cashflowing though and bigly so... they'll have debt paid off in more months...... maybe they were a shitco before but I don't see that now. A lot of potential.

>>51442617
>Yeah but they're cashflowing though and bigly so... they'll have debt paid off in more months......
you can say the same about many oil & gas companies right now, what makes Athabasca better/cheaper than its peers?

>>51440968
>whats the advantage over regular RSI?
the signal is amplified and then smoothed, making both the highs and lows more pronounced and more sensitive to underlying data without becoming more volatile. Thus true signals are amplified and clarified along with the occasional noise which is rendered as signal.

>>51433653
>>51443822

whats the reasoning for the time frames selected of 3, 5, 18, 18, close?

Lion One hit another nice hole
https://ceo.ca/@newsfile/lion-one-reports-1960m-at-2116-gt-au-including-1620m

Gold Mountain back to trying to understand their resource lol, they mined 557 ounces in 3 months
https://ceo.ca/@accesswire/gold-mountain-provides-corporate-update-419bf

Could this be end for fagmule?

>>51442000
News flash chief. You may wanna sit down for this one, but the same nigger that shilled that shit, the same nigger that hijacked the general in /pmg/ then again here when this general was formed, is the same nigger that became a janny on this board, is the same nigger that's giving you issues now.
Don't look now, but these posts are gonna get scratched now

You fellas keep it in the green. I'll be on the river

>>51445750
Forgot pic. It's fucking early here

Azerbaijan and Armenia are at it again. How does this relate to petroleum prices?

>>51445699
>Gold Mountain
What an unmitigated disaster. Their grade was far below 3 g/t as well, they were supposed to be at 10 g/t in the first year. Can't believe they shut down operations last quarter without issuing a press release, how is that not a material change to the business, shutting down production? Makes me think back to the last PP they did just before the stock tanked, I'm sure they knew about the problems already but didn't disclose it to investors. Very scummy mgmt for sure, wouldn't invest with them at any price.

>>51423696
It sucked pretty bad beforehand too though

>>51445750
>Silver Anon became a j*nny
lmao that would be hilarious but I don't think it's the case. The dude couldn't handle the banter in these threads as a poster so I doubt he'd be able to handle the (rightful) abuse that comes with being a j*nny.

I don't even think he could still lurk here and resist the urge to post. I've spotted him a few times so he's already tried and failed.

Looks like we're about to witness gold getting beat up in the coming months. Some people were calling for lower inflation numbers, Fed hawkishness reduction and earlier pivot, and a rebound in stocks and gold. But the last CPI print really was a slap in the face for those still having hope of a rebound above support levels. I think we're about to see supports get broken across the board. Just have to see whether the Fed will break the back of the bulls with a 100p hike or whether they'll just continue the slow grind with a 75p hike. 50p hike not gonna happen.

>>51441060
>>51441096
Outstanding.
Thanks, anon.

>>51446549
>>51445699
they obviously knew if they said anything about shutting down their stock would crater, so they tried doing it gently. Who ever was their chief geo / mine planner should get the boot.

>>51447734
Apply for the job

RAAAAAANAAAAAA NANI THE FUCK

>>51445819
More to gas.
Azerbaijan is one of the few kosher-approved gas suppliers to NATO friends.
It was not an accident what happen yesterday. Azerbaijan knows russia is occupied with Ukraine and the west will support Azerbaijan's little ethnic cleansing in exchange for gas supply (the irony, I know). Not only this, but Turkey want to use the conflict to distract its people from HOW FUCKED UP TURKEY IS. If Turkey helps Azerbaijan to defeat Armenia, people will be happy, even tho they are living in a giant refugee camp, bigger than Europe's worst regions, and food is getting really expensive (I am honestly surprised how the army did not coup Erdogan yet, again, I mean)...

Honestly, If I was in the Armenian military, I would do the impossible to destroy anything related to Azerbaijan's capacity to produce and export gas and petrol. This si the only way to keep their rich and powerful neighbours in check. Once money stop coming in, people will question the necessity of this war for a few stone hills.

Quintuple bottom at 1680 DIAMOND HANDS

>>51448095
I'll give it one bounce and break down after FOMC meeting

>>51448240
>FOMC meeting
is that next week?

>>51448307
Yeah think it was 21 Sep

>>51448095
HODL GOLD MARINES. HOLD THE LINE.

>>51448327
>>51448307
>>51448240
As I said, I expect FOMC be be earth shattering of a dump. Shemitah ends on the 23rd. Indubitably requires thou to ponder.

Did anyone get into Canagold? Strong price action last couple of days. I am guessing there is a perceived large permitting risk due to an old mine close by from the 50s that has been polluting the area, which could make the Indians be against another one being built. But if they get the permit this could easily be a 10x. The orebody is incredibly, super high grade and great continuity, very large exploration potential. US$20M for 1.1Moz that will probably yield several hundred $ of net profit margin per oz.
Not sure how large exactly the permitting risk is here. You should think a quality project like this will eventually get build as it is an UG mine so the impact would be relatively small and the local community could receive very significant benefits.

>1,668.00
It's over... gold is going to 0

>>51448095
>>51448824
welp didn't even take until tomorrow for gold to get below that fabled $1680 support. I guess it can come back for a bit but this is the lower low. It's in now, and the FOMC meeting will be the catalyst to bring it down if it doesn't go down itself

Oil getting crushed right now too. The guy running the zerohedge acc on twitter must be seething, he's pumping oil like 10 times per day.

>>51449318
Yep oil is maintaining its down trend channel pretty predictably. If it goes by the meme lines then we should see another multi day oil dumpening event. Dollar 2 stronk

>>51449318
The market couldn't handle the Ethereum merger. It was too powerful. Mass margin calls ensued everywhere.

>>51449399
Most obvious sell the news event in my entire life.

>>51425341. Im about an hour from payette. You can find the historic mine on mindat. I found some patented land not too far from there samples came back 2ozAu/ton & triple that in silver. Problem is its a sulphide deposit. Cuck landowner is drowning in debt cc debt and will unload it cheap. Anyone interested in working with me on this?

>>51449606
If I was a burger and lived in the area I would. Running a mine sounds pretty fun and I like to watch Gold Rush. But I happen to live in perhaps the only country in the entire world with no gold at all.

Christ, I can't believe being a nutjob planning his buys around a jewish holiday is going to pay off. I will buy oil, metals, and U on the 22nd.

>>51449715
Permian maturation.
Trust the plan.

>>51449712 no gold at all? Are you Luxembourg or something????
8tas8m

>>51450069

>>51450088
Does Denmark at least have any o/g reserves or even some potential such formations or sands?

>>51449161
Guh, guess I'll have to wage slave and rebuild, this sucks ass

Western Alaska is now down to $3 from a high of slightly over $6 on hype over their intercept, with the assays still pending. Is anyone in this or thinking about it?

>>51450136
O/g? I think all we have are some gravel mines and stuff like that, nothing big and no precious metals. it's also very flat. Where I live there was a big glacier that flattened everything like a pancake.

>>51450301
Denmark exploits North Sea oil and is a net exporter.

And patriot battery metals just announced a financing at over 100% premium. Looks like it will keep going.

>>51450348
Oil is boring though.

>>51450390
Just saw that. Pretty incredible really. Obvious gap up at trade resumption. I'm looking to get in and trade it, maybe shave a nice 10% profit idk

>watch and learn
>wait and see
This old basterd tricked me his mader is a gang bloddy bitch

>>51450481
Blue Lagoon will PP in your face before they release assay.

>>51450593

https://ec.europa.eu/commission/presscorner/detail/en/STATEMENT_22_5523

What do you lads think?

>>51446777
He may not be a janny now but he was over a year ago. After he hijacked the OP in /pmg/ he started banning me and anyone else that got in his way
I hope he still lurks here, dragging around a putrid, festering abscess that leaks cancer thru his clothes and into his families lives
Death is far too good of a fate. I hope he suffers for decades to come and lives just long enough to take his own life in shame and despair

>>51450421
Drilling for oil is boring

>>51448824
>>51449161
By the time we all WAGMI we will be too old to bang Japan QTs without cialis

>>51450844
I think she's retarded. How will lithium replace gas.

>>51450844
I think she is out of her mind and that the energy crisis will continue much longer than needed because Europe hates fossil fuels

>>51450433
Yeah, I'm going to go for this as well. Unfortunately I got discouraged from holding when there was that huge dip to $2 right after posting record drill results.

How do we profit here?

>>51451106
It all stems from the lack of younger generation. They need to invest in importing men from other countries, but will have to pass an IQ test and submit a headshot and take a medical examine to make sure only strong handsome and intelligent men are entering the country and impregnate their women. Japan will recover in under a decade.

I would qualify, would you?

>>51450920
I think lithium was just one on a broader list of raw materials. The article includes oil/gas as well.

>>51451269
> I would qualify, would you?

>>51451269
I think the problem lies in the attitudes of the existing men

>>51451269

>>51450510
I warned itt not to follow this guy and that oliver faggot.
Only jmergz warned this time. Aaron posted earlier today only to brag about saving his paid customers earlier.

>>51451395
Low test issue, I believe. Scary to think the west will also hit that level since testosterone count continues to drop.

what the fuck happened to my encuf

>>51451572
It transitioned and grafted shares to make ENCUD

>>51451395

>>51449606
Did you find payette?
Remember to stay safe, fren.
The last anon who wanted to visit bayhorse never returned to /biz/

Why is gold crashing? You all lied to me.

>>51452133
considering the drop yesterday, my guess is big banks selling gold because they need liquidity

Gentlemen. We will reconvene in 2036 at the beginning of the next gold bull market.

>>51452546

>>51451610
so now I have to wait for it to go under $3 instead of $1?

>>51452546
this. everyone just take it easy and take advantage of the golden acoomulation run.

how do I buy the gold dip

>>51408388
RECAF

>inb4 source

>>51452133
Because dollars and bonds are raping everything else. And they will keep doing it for the rest of the year so I hope you brought your lube.

>>51452297
>big banks selling gold because they need liquidity

I think we're going to see this same situation unfold in both the retail and the institutional side as the market melts down.
More and more assets are going to be sold as the need for people to cover their debt ridden asses grows.
Gold might very well get completely fucked for couple of years on our way down while dollar keeps on pulling huge gains and PM miners will be considered borderline toxic waste by investors.

We should just look at this as a great accumulation opportunity though. Only real question is which companies are going to survive this ass fuckery.
I bet we'll see quite a few of even the more promising juniors get screwed to bankruptcy.

>>51408537
Still open at depth, looking the news report they decided to expand the drill program (probably near this hit?) just after results from these 6 holes. Will the +400m depth be a problem, as others have said you'd want to open pit it, right?

Dollars always rallies right before a massive drop, I think you should be buying.

>>51408840
Gold is fucked until the end of 2022, anon. I don't like it but the miners are pricing in gold at the $1200 level, though I don't think we'll get that low. A weekly close below $1680 will confirm how fucked we truly are. $1450 is a good "back up the truck" level.

This video is a pretty good explanation of what's shaping up in the coming days/weeks:
https://www.youtube.com/watch?v=770_6H_JIFc

Picrel is the down-channel we're currently locked in with no attempted breaks to the upside, unlike silver and especially platinum, which may hold up better. Gold, bonds, and equities dumping simultaneously means we're probably shaping up for a MAJOR rout across all markets a-la 2008. Dry powder is the name of the game right now.

Good luck.

The gold price will stop dropping when you sell. Please turn all of your physical gold into your nearest bank or synagogue.

>>51408959
We sliced through this level on the daily. Weekly close below $1680 is very, very bad short-term.

Shelter in cash for now. If you're a pure stacker, hold off on purchasing any metal except platinum until at least October/November timeframe.

>>51453090
Personally I don't rely that much on technical levels and I still think the fundamentals are extremely bullish so I'm not selling anything here.
It's also worth noting that we are reaching a level where some producers are starting to go bankrupt. This is historical support for gold price. Maybe we go lower but I don't think it will be for very long if it happens. Risky trying to time something like that.
Economy is about to crater and the fed will be forced to relax. Trust the plan gold marines.

>>51445095
>whats the reasoning for the time frames selected of 3, 5, 18, 18, close?
not sure but afaik they are the periods sampled to provide the mean baseline against which RSI data are normalized. Sampling the same number twice would then weight that point.

a current sample would be included in the calculated mean but would also be the datum against which the mean is compared to determine vector and strength.

>>51453248
>they are the periods sampled to provide the mean baseline against which RSI data are normalized

yes i know that, but why choose 3, 5, 18 day periods? why not 4, 6, 19 - like whats the rationale behind those specific day lengths

>>51453195
>This is historical support for gold price.
Tell me you're a PM newfag without telling me you're a PM newfag.
>It's also worth noting that we are reaching a level where some producers are starting to go bankrupt.
We are nowhere near all-in sustaining cost for gold production, fren. Silver is a different story because it's largely open-pit mining, which is more energy-intensive than vein mining.

In all seriousness, anon, I've been in the metals for a decade now and nearly lost my shirt investing in narratives (crash JP Morgan Buy Silver), ignoring TA because "it's manipulated" (it is), and feeding my confirmation bias with fundamentals. Please understand that even though they paint the tape, even though COMEX is a fraud, trading algorithms of large firms trigger positions based off of these manipulated charts and there's nothing we can do to change that until the US and UK lose their ability to price metals globally. And even when that happens, there will be a transitory period of months/years as commodities-backed challengers to USD hegemony fight for liquidity against those with USD-denominated debts. You will be able to see it coming if you're paying attention.

Am I telling you to your physical gold? No. Do I think the PM sector will rip higher in 2023 and beyond? Yes. Do I think you should be buying any of this shit right now? HELL NO. If you're a stacker, the best thing to do now is sit on your hands and wait for the retracement to play out. If you're holding primary gold miners and think the worst of the bloodbath is over, you're about to learn a valuable but painful lesson. My only wins in this sector have come out of either dumb luck or capitulating on narrative investing and trusting the charts.

We are approaching '08 territory for the metals and equities markets, anon. There are about to be incredible buying opportunities in PMs. But please take a look at the technical environment we were in from '06-'08 and again from '08-'11.

/blog

>>51453513
Again, I'm not sure.

My guess would be that the selection was optimized to oscillation frequency to filter the most noise while retaining the best responsivity to signal.

>>51453652
>Tell me you're a PM newfag without telling me you're a PM newfag.
I may be a newfag compared to you but what I'm saying is true. That's why there hasn't been any time in the past 50 years where gold production dropped significantly, cost of production has acted as support level for the price (pic related). And it's a lot higher than $1350 for many companies today.
>Silver is a different story because it's largely open-pit mining, which is more energy-intensive than vein mining.
I'm pretty sure it's the other way around actually.

>>51454173
Theoretically we could go down to $1500 for 6 months without any big reduction in production as the last spike in gold price has caused a lot of projects to go into construction which has lead to an anticipated slight increase in total production over the coming years. But yeah I don't think it's quite likely that we could be very close to the bottom right now. Inflation is going to come down a bit due to the economy grinding to a halt and the fed is going to loosen up some for the same reason.

>>51454529
>But yeah I don't think it's quite likely that we could be very close to the bottom
I think it's quite likely*

>>51454173
Open pit mining requires heavy diesel equipment to operate - trucks, front-end loaders, etc. Vein mining does not, though both represent stored energy value.
>cost of production has acted as support level for the price
Yes. But all-in sustaining cost for gold mining is ~$1232/oz at present:
https://www.gold.org/goldhub/gold-focus/2022/07/aisc-gold-mining-industry-reached-their-highest-level-record-q122-0
If you agree with your own thesis, it means firm support for gold is around the $1200 level, which is what the miners are currently pricing in. $1450 is pretty firm support. Miners go bankrupt all the time - 2012-2018 was a venerable bloodbath.
>SRSRocco
I have followed Steve St. Angelo for many years. He's so wedded to his EROI theory that he paints charts to fit his thesis. He was pumping out the same infographics during the bear market lows of 2015.
Looking at the current energy environment, anon, do you see resource acquisition issues? Or do you see governments deliberately sabotaging fossil fuels? Steve is smart enough to know the difference but keeps his mouth shut because he's got a newsletter to sell.
>I may be a newfag compared to you but what I'm saying is true.
It wasn't even that long ago that gold was trading at $1100, anon. I don't think it's likely that we revisit those levels for long, but we are going lower from here.

I'm not against you, fren. I'm a borderline shiny fetishist. Just trying to help you stack smarter as I've been around the PM block more than a few times. All you have to do is wait a couple months before making any large purchases.

>-19.07% GMTN
...

How you liking that dicking uranium got today?

>>51454697
>Open pit mining requires heavy diesel equipment to operate - trucks, front-end loaders, etc. Vein mining does not, though both represent stored energy value.
I meant that gold production is primarily OP these days and silver is primarily UG veins mined with zinc and lead.
>Yes. But all-in sustaining cost for gold mining is ~$1232/oz at present:
AISC doesn't include everything, despite the name. You can easily add $200 to that which puts us at $1450 today and that goes up every year. Furthermore that is just the average, around half of production is above that.
> Miners go bankrupt all the time - 2012-2018 was a venerable bloodbath.
Obviously you are going to have a lot of bankruptcies when gold goes down that much over a long period of time. But global gold production still went up during that period because gold was so overextended compared to cost of production in 2012. We couldn't see the same drop today back to anywhere near $1000 without production cratering, because costs are much higher today.
>He was pumping out the same infographics during the bear market lows of 2015.
Well he was right then, wasn't he? If he argued for a rally at the bottom. I don't know anything about this guy's work, but the cost of production chart seems realistic.
>do you see resource acquisition issues? Or do you see governments deliberately sabotaging fossil fuels?
Not sure what you mean by the first question. I think governments have been anti FF sure. I don't think energy is going to be as big of a problem as the super bulls though. I think the incoming recession will push prices lower. Although we could have temporary high gas prices due to Russia shutting down the pipelines.

>>51455063
Hipefully it can continue, I will not buy until after shemitah.

>>51452839
>Only real question is which companies are going to survive this ass fuckery.
The big ones. You know the ones

>>51453055
>even gold bug faggot think we will reach 1k5$
Good, that's bullish, I'm buying miner.

Also we are completely following Zulauf scenario
https://www.youtube.com/watch?v=k-Cbj-HhgFw

Superficially, how similar is pharmaceuticals to the materials industry?
>juniors / make or break research smallcaps
>established producers / distributors
>royalties
>very speculative

It's a sector I know little about but you often hear about explosive upsides. Obviously there's a million scam companies out there, too.

How much ENCUD do I need to make it?

Has /cmmg/ talked about ATAO or SXOOF? The Lithium mining companies that the Pelosi family was reported to be involved in back in April? They're super cheap penny stocks. Seems like something the general would look into.

>>51440845
WHC went up 3.64% yesterday. I hope you're not the top of coal friend

i wanna make a lucite table with some fancy minerals

>>51448903
their Polaris Mine property is fairly interesting but its very remote, middle of utter nowhere on the Taku River, down stream from a number of other properties from the 1950s.

>>51460773
So modern logic says it will 10x in 3 months

>>51461363
the New Polaris property sat for dacades, due to its remote location, fuel prices and the relatively small ore body. I dont see it becoming a mine for a while yet, but its got a lot of potential, its already got underground access via a number of portals. A precontaminated location that could host a modern mill or sorting setup, and an existing camp / airstrip. A lot of the work is done. To make it viable, it needs road access, or hover craft to make it more viable.

Interfriends.. Interfriends..
Dirty shorts pinned down & bleeding out CHALF sector, air support for gamma strike, over.

>>51453055
kek I don't like GV a lot but hes right calling these bullshit artist newsletter out

>>51455417
Yeah. Brent "milkshake" jonson said as much. Too many depressed goldbugs so he bought gold https://twitter.com/SantiagoAuFund/status/1570517446259511297

>>51464583
I bought an ounce a while ago but I'm continuing to be mostly in cash. Gold hasn't capitulated yet. I want to see that happen first. FOMC will be interesting next week

>>51461635
They aren't going to build a road, it will continue to be fly in fly out. The plan is to barge in materials during construction. I don't see it being remote as that big of an obstacle, it's a high grade UG mine with a small footprint, they just need a 1ktpd mill, not some 20ktpd monster. Should be relatively low capex compared to OP mines and cost should be very low as well. Also it is only 60 km from Juneau.
I think it could have been a mine a long time ago (assuming they could get a permit), but the previous mgmt were just too comfortable. During the recent proxy fight they used the excuse of new technology needed to treat the ore, but BIOX has been used successfully for decades already.
I don't think their tenements are contaminated like that other mine nearby, but it's disturbed yes, a brownfield site.

>>51463378
lol thats how you know things are terrible in the gold / silver sector when the characters start shit flinging at each other

>>51409013
>200 week moving average
we're already at the 200 week EMA. if we dont hold here i'm showing ~1540$ as the next potential support level, but that dates back 10-11 years so not sure if its still valid today

Good morning maderchods how are we doing today sers

>>51466392
I like how itt can speak fluent pajeet now

Gold holding up relatively strong today considering the dollar up 0.4%, S&P -1.4% and having broken through the meme line. The bottom is confirmed in bros.

Fedex went down 20%. That mean it's over for silver.

https://www.youtube.com/watch?v=cNBorNIlOJI

Holy fucking shit the amount of coping David Brady has been doing in the Silverchartist private group is going to make me cancel my subscription. Hate this faggot.

>>51467141
Hate these faggots too

>>51467141
>Fedex

What the fuck is going on, it’s like a fire sale

>>51467290
We invested in a highly manipulated sector, now we have to root for the, hopefully coming, Moscow Gold Exchange to kill the COMEX and LBMA

>>51467387
It's not even manipulation, it's just the market expecting positive real rates inc, not gonna happen tho.

>>51467225
Post screens or describe.

>>51467290
Remember 2020 firewall? Should've gone all in back then.

>>51467717
Firesale not firewall

>>51467544
He's essentially gone on a posting spree all week that sums up to:

"We hit my target of $1663 and bounced up! Look I'm right I'm right!"
"Negative sentiment is bullish! And boy are we negative!"
"Banks always lower their expectations close to bottoms, always raise them close to tops" then posts screenshots of news articles supporting this

All in all it's essentially "P-please guys don't stop listening to us haha nooo don't cancel your subscription you're only -60% haha the moonshot is coming nooo" at the end of the day.

https://youtu.be/3O9FFrLpinQ
was silver jew a stupid person?

>>51467469
How tf can positive real rates happen if public and private debt is >300% of GDP???

>>51467469
I would think it's rather market just loading up on dollars and bonds because they view those as better right now.

>>51468082
"Real rates" is another disgustingly manipulated metric. If you "assume" inflation will be contained back to 3% next year in your model, you can claim 4% is a real rate of return on a 10 year even though inflation is 8% today. They claim its positive already btw

>>51467849
He was naive, stubborn, and couldn't handle the bantz, but he wasn't stupid.

It's kind of funny that even though his main horse in the race is seemingly a failure and he will likely be forever mocked for it, he actually got what he originally claimed he was fighting for which was to shine a light on silver and metals so that the "good" people here could make money off it.

Sure b*yhorse was a kick in the financial balls for almost everyone who bought in, but ultimately without Silver Anon (and Lassen) /cmmg/ would never have been created and all commodity discussion would be wasted on the likes of /smg/, with metals being forever seen as schizo-tier and confined to /pmg/ all until things actually start to move and by then it'd be too late for many people.

Everyone who got into commodities/makes any money here/doesn't get left behind because of these threads really has Silver Anon (and Lassen) to thank for it. They're the best threads on /biz/
At least they were before every 3rd post was a namefag lmao

>>51468285
Watch the video and see how "stupid people" are defined: people who 1) cause losses for themselves, and 2) cause losses for others. He was a stupid person in my opinion. Well-read and even eloquent, but stupid.

Rolling for false breakdown, golden brown bullrun starts today

>>51468351
welp time to load up on precious metals miner puts.

>>51468337
I get the gist of the video from the thumbnail.
The point is if he and others lost on Bayhorse, but the gains of /cmmg/ overall ultimately outweigh the losses then he was a net-positive and therefore not stupid by your standards.

>>51468415
>but the gains of /cmmg/
*but if

>>51468415
I suppose you can look at it from that point of view as well. But it's not like none of us would have figured out commodity investments without this general existing. And a lot of people contributed to making this the general it is, not just silver jew.

kek baggies
bayhorse doesn't even have a permit, page 17 of corporate presentation

>>51468790
>WHERE IS PERMIT G
>RELEASE BONANZA GRADE MODERCHOD RAAAANAAAAAAAA

Shemitah playing out exactly like scripted. Going all in on the 22nd.

>oil prices going down
>EU fully bans Russian oil soon further throttling supply in winter
>OPEC reducing output

Obvious buy right?

>>51469010
explain

>>51469113
maybe, but also maybe not yet. Demand remains difficult to predict too

lmao I got banned for posting Goat Mountain.
Click the thumbnail, j*nny. It was a SFW post.

>>51468653
>But it's not like none of us would have figured out commodity investments without this general existing
Absolutely but I think many would have been left by the wayside without the /cmmg/ split.

>And a lot of people contributed to making this the general it is, not just silver jew.
Totally agree, I just give him and Lassen credit for it's inception. Given that his original stated goal was to spread the word I don't think it's fair to call him stupid just because his prime pick was a dud, especially if his actions end up leading to a net-positive financial result for everyone.

All credit of DD and research since goes to the individual members of course, but many of the people who've been here since literally the first thread had a lot less knowledge and competence in the market in general that they would have never refined or expanded upon had it not been for these threads. I've watched many of these people grow and become prominent and indispensible posters over the past few years. Some have already made it and left, thanks to this thread's inception. Without it who knows where they or many others would be instead.
We wouldn't all be on this path right now, that much I know.

>bounced off 1680

>>51470018
downtrend maintained, let's see what rhe charts paint next week especially

>>51470102
Spoiler: 1540, then another 6 months of analysts jerking off that "we will never revisit the lows!" before we break down to 1400.

>didn't buy patriot metals
fuck

I think i can hear Justin screaming from some rooftops

>>51470462
At least you had the sense to buy this Trillion dip, right?

>>51470462
>>51470612
Give it three or so trading days and you'll get cheaper prices still methinks

>>51467805
Gary savage is adamantly saying that miners are going to rally over the next two months and this is a bear trap.

>>51470873
I'm going to wait and see a few days. I'm not convinced

>>51469010
I'm thinking the jubilee year is an auspicious time for stacking

>>51470873
thanks you for keeping us informed red

>>51470873
Talking is cheap and none of these guys suffer consequences for saying whatever. If Russia hadn't invaded Ukraine, Gold would be in the fucking dumps right now and these faggots would still be screaming about the upcoming pivot taking it to $2500.

Guess what? There will be no pivot. They want to engineer a new depression, they want unemployment to skyrocket and they want asset prices to tank - the only way to sell Fedcoin is as a solution to a problem so bad that people will accept any potential hail mary to make the bleeding stop. I'm convinced that Mike Maloney is completely wrong this time around and that hyperinflation is not going to succeed deflation (via a crash) because the USD as it exists today won't make it that far. Half the population is already primed and ready to accept "le Putinflation" as the scapegoat to any economic downturn and you'll be an enemy of the state if you don't want to pull out your asshole at the corner store so the Baofeng Pucker Scanner can verify your digital wallet for a bag of skittles.

Is this bullish or bearish

https://www.jmbullion.com/1-oz-emoji-smiley-silver-round/

Also make next thread pickle rick edition just to be a shitposter kek
>>51392325

>>51470765
>Give it three or so trading days and you'll get cheaper prices still methinks
they've been saying that for months and it never drops. waiting for a pullback is largely a meme because a lot of stocks dont ever actually pull back

I'll make a new one give me a sec

IT'S UP
>>51472621
>>51472621
>>51472621
>>51472621
>>51472621

>>51472427
in these market conditions everything pulls back