/biz/ - Business & Finance

Peter Schiff won

>>52712761
I fucked that up bump

>>52712898
No worries, I think you can delete it by checking the post off and pressing delete in the lower right corner if you're on desktop

>>52712829
I'll be waiting for him in the winners circle

>>52712919
No. Fuck the jannies. They can do it themselves. It's what they're paid to do. Overpaid, but still paid

>>52712925
I can respect that

The entire catalog is moving slow. Since most of the /biz/ scatalog is dogshit scam coins I think this is going to be the most lurked, least posted thread in /cmmg/ history. Good indicator of market sentiment as RW puts it.
>>>/comfy/

>spot price went up significantly this week
>miners barely fucking budged
What the fuck is this shit.

>>52713748
>Roe v. Wade overturned
>Whites cheaper than ever

>>52713882
Whores***
Damn joke ain't funny now

Skimming the news feed trough I found picrel but can't find any other articles. And I refuse to buy a subscription (thinking about you Gary) to the WSJ.

t. newslet

>>52712752
thank you bud!
been busy or i would do the post.

>>52713748
for miners to rise, spot has to stay up for months. Maybe years. Even then lots of them will still drop.

>>52714994
What am I looking at here? Is that a conveyor belt or an e brake just to the right of that guy?
I'm on borrowed time
Picrel

Gold, that’s right I said it… GOLD

>>52715967
>Gold ID
I kneel! I'm still buying silver, but I kneel!

>>52711405
Yancoal will be the best divvy horse for 2023 you can find. dyor

>>52714994
>>52715586
https://search.bvmuseum.org/link/descriptions7435
I don't think it's a conveyor belt. To the right is a loose bunch of drill pipes, and to the left seems to be a guide of sorts, or it's a tray for catching the core samples when they come out. I dunno...

>>52714994
>>52715586
>>52716048
There's the bloke in the shed. I wonder what is written on the roof.

https://pca.st/episode/a4d547df-60cb-4e13-9e25-deac7a1eee18
The Grant Williams Podcast: Felix Zulauf (2022)
>price low for Gold Q1 2023
>8y cycle low (can be higher) 2024
>2024-2026 huge Gold bull with sovereign countries debt defaulting
>Silver will seriously outperform Gold
>stocks down into 2023
>then up into 2024
>then the music stops.

Must listen.

>>52716094
>What do you think of this son of A-hole, Akins?
>it stinks, like his hole's @@# Gene
>Call the state phst ist gahgaou

>>52715586
old school diamond drilling rig, you used to have to use a big wooden tripod to hold the steel and main pulley for the winch to move pipe.

Hi PANMAN, would you be so kind as to give me your opinion on Tarku ? I'm checking their land and find it pretty interesting, lot of potential, especially their tombstone project.

badabump

Reposting my question from yesterday's thread since it got no traction there:

I'm experimenting with the idea of a positive carry dividend portfolio ie. investing a lump sum into a range of high yielding dividend stocks, getting a loan based on the yield of that lump sum, and reinvesting the loan into that same portfolio then paying it off and going at it again etc. I've mostly been a cryptobro so forgive me if I sound like a retard, I haven't really been into stocks since way back in the shkreli days.

Commodity oriented stocks taking up the majority or all of the portfolio would obviously be the best option with which to carry this strategy out (besides ETFs) due to many of them paying out good dividends so that's why I'm here. I would appreciate any input or opinions on this and how you feel about my concept.
It should also be noted that this wouldn't be 100% of my stock holdings either and I would also create a growth oriented side to derisk it a bit, though that's kind of obvious in itself but I feel like it should be mentioned.

>>52718867
I wouldn't lever up right now, you will be paying a high interest rate and those divvies could quickly get cut as we are moving into a serious recession.

https://ceo.ca/@newsfile/nicola-mining-inc-and-osisko-development-corp-sign
Nicola gets another milling agreement. At this rate they're going to be a streaming company instead of an explorer lol
Oh and they rolled their debt that was supposed to be due last month a few more years forward. They can just do that?

>>52719786
don't they have a past producing massive copper property on top of their mill? I'm surprised they have any debt with a mill

>>52718867
>>52719774

First anon is right. The time to do this was 2012, so you’re a decade late. I’d wait for the cycle to reset and interest rates to drop before you consider it. That might be some time out yet.

Grab physical metals while you can on the cheap.

WHAT FOR OIL ON MONDAY?

>>52720411

GARY SAVAGE HAS CALLED THE BOTTOM OF THE 8 YEAR CYCLE IN GOLD. HE SAYS "THERE IS NO QUESTION" BUBBLE PHASE ABOUT TO BE ENTERED. 9/10 TRADERS WILL UNDER ESTIMATE THE MOVES.

https://m.youtube.com/watch?v=s8rk-g5wpbc

>>52720990
Is this the same Gary Savage running the premium subscription service I keep hearing about here?
Supposedly Gary Savage has many years of experience analyzing financial markets and actually shares his insights with his premium subscribers regularly on his forums - I wouldn't mind being a fly on the wall even if I don't personally feel the need to interact with Gary Savage, I could probably learn a lot!

How much was it again? $75 for Gary Savage's premium subscription? That's approximately equivalent to three silver coins or a golden nugget, just to get access to Gary Savage's nuggets of wisdom!
Seems like an easy choice, I bet it would pay off in no time at all (if Gary Savage is really as good as they say).

>>52717395
i have a few days off this week so sure i ll have a go at them, i have a couple other projects to look at as well.
>>52719786
Now that interesting and hilarious! Ok, bit of a story with this bit of news. Back in the early part of last spring, there was a serious leak of cyanide at Osisko's QR Mill site. The mill was put on hold indefinitely and ore started piling up at their Bonanza Ledge mine site. This was a serious problem, as their permits were not for proper mining but for a bulk test project. They could only have a specific amount of ore on site at any given time. The mine quickly overloaded their two on site and off site storage locations but couldnt mill any of the ore or send it back underground, as the Bonanza Ledge was put on mothball status due to cost over runs.

Osisko must be trying to find a way to stop the bleeding at all costs for Bonanza Ledge, they cant have that ore sitting there too long or risk a fine.
>>52719873
Craigmont Copper Mine has been out of action for decades and any new mine would need to work on cleaning up the previous operations mess first. Thats why Nicola has been hiring its mill out to tolling, to raise funds and to pay down debt.

>>52721084
>tired of hearing daily /cmmg/ bickering, anon gets a subscription to gary savage
>listens to first podcast
>gary spends 8 minutes recapping argument between me and bob
>still comes back to /cmmg/
>continues to pay for subscription

>>52721084
He's been 100% on his calls since I've started following him.

>>52721084
hi gary

>>52721965

>>52722098
Step 1: Enable dark mode you fucking primitive

>>52722161
yes, i am a boomer
how could you tell?

>>52722278
No, today you're a chartist.
Needs more squiggles though. Pic rel is me drawing my charts

>>52722098
Take Ira epsteins charting course. Watch Ira epsteins YouTube videos. I am going to buy a Webcam today and start making videos for this thread.

>>52718867

read
>>52716032

>>52722362
cant believe i watched all of that
figured since its rainy day ill try to figure this fuggin chit out. was supposed to go duck hunting cuz bad weather makes them fly more but this morning and battery is dead. ive got all wkend now wide open
>>52722430
your laptop doesnt come with one that watches you baitin?
ill load his vidyas up and give them a watch. thansk desu

here's something stupid:

https://www.mining.com/precious-metals-no-longer-needed-in-reactions-to-produce-hydrogen-fuel-study/

is that really the best use of ammonia?

https://www.dw.com/en/germany-seeks-1-year-ban-on-energy-price-hikes-report/a-63974602

From the geniuses behind a price cap on russian oil:
A cap on all energy price increases!
BRAVO

went into the archives while listening to iras introductory vidya. im always baffled as how people can invest like this

>>52723071
is there anything that communism cant fix?

>>52723075
>he bought the top
That's how normie and fomo works. There is no one buying right now, the same people will buy our bags at 50$ silver.

>>52717395
They don't really have anything yet, which is why their mkt cap is so low. You could buy some and hope they hit something but I wouldn't. First drill program at Tombstone wasn't great.

frens, what are some of the best dividend stocks?

>>52723071
Do the Russians embargo. Iran and Venezuela's production have permanently gone into the shitter after invoking the geopolitical ire. Does Russia follow a similar suit?

rate my folio:

$40 gdxj calls
$12 silj calls
COPX
VET
URNM
like 100 ASEs and 6 massive silver chains
AIGMI?

just listened to gary on palisades radio
dude called it a cabal regarding silver and gold manipulation. what if hes one of those anti semites?
>picrel
found this looking thru old articles about fracking sand and oil field service companies. imagine buying one share in march of 2020 for the price of physical silver. gonna dig into them a little
thanks for the help guise
>>52723788
>no dragon dildo

F

>https://www.investopedia.com/investing/demand-frac-sand-and-concrete-drives-scarcity/
sand

>>52722825
was that the article that dumped platinum? lol.
we still needs loads of platinum metals in the catalysts powering whatever runs on hydrogen

>>52724464
looks like the tech could be a ways out still but im not much on chemistry, but if you dare:
>https://interestingengineering.com/innovation/chemical-breakthrough-potential-powdered-hydrogen-fuel
&
>https://www.azom.com/article.aspx?ArticleID=22118

mfw i will never be a sand pirate

>>52724685
Heyo old man, can't you just ask your grandsons to come over and help?
Also there is a snippet tool in your toolbar, you can search for it via the windows menu - big windows function key on the keyboard

>>52724769
why would anyone wanna bring tools into a bar?

>https://www.technavio.com/report/frac-sand-market-industry-analysis?utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=AutoV1(VSS)_report_wk36_2022_006&utm_content=IRTNTR41563
ok lets see if this worked better than the others

I'll be throwing $1000 into Nicola mining on Monday.

>>52724611
>>52724326
>>52724685
how THE FUCK do i invest in sand?? WHAT THE FUCK? Theres like 6 beaches in chicago. How do i profit?????

>>52725358
the last time we brought up sand i think two major US gravel producers were mentioned, but i cant recall if they are public traded or not. Most gravel / sand for construction is mined by smaller scale local producers not by major companies.

>>52725371
>>52725371
ive started looking into it pretty good. other than water, sand is number two. and not all sand is created equally either. so unless we have major changes, sand is going to be huge investment opportunities i feel

>>52725613
what kind of sand? I remember lightly doing dd on 2 different types of sand -- primarily concrete vs some other kind. This is why people invest in SLCA, but SLCA doesnt even give exposure to concrete sand.

>>52725358
ill keep you posted. rw did muh TA for me cuz im a chartlet....last thread tho. us silica. slca is the ticker. i bought a couple hundred bucks worth so i had incentive to do some DD. ive posted a bit of it in other threads as well if you care to seach the archives for the ticker.
i dont know much about it thats why i brought it up over a slow wkend to gauge what other anons thought about the overall sector
>>52724769
filename and pic related

>>52725676
fracking sand is what ive been delving into, trying to learn. im skeered of volatile energies that can change on a whim, a tweet, or some govt decree
the underlying industries that provide essential materials and services to energy producers seems to be, for me, less risk and higher potential upside as we enter into a commodities driven cycle

>>52725763
ah yes fracking sand was the other category. I'm primarily a mining developer investor, so take my opinion with a grain of salt, but I dont really see a need for fracking sand. Especially with lots of other source of oil coming to market with high prices. Fracking seems like the solution to eternal crabbing, but with higher prices there are clearly better options. I'm primarily interested in concrete sand.

Why are you so interested in fracking sand? Is my assumption about fracking only being worthwhile in crab market wrong?

>>52725837
materials list here lad
>https://www.ussilica.com/materials
and an article, maybe i posted it already idk
>https://www.prnewswire.com/news-releases/frac-sand-market-size-to-grow-by-usd-1-75-billion-with-65-contribution-from-north-america---17-000-technavio-reports-301612562.html

heres a good tune about "the katy" a train from kansas to texas
>https://www.youtube.com/watch?v=XEghguwktP4

>>52725837
>why
sorry i didnt answer that. i hate the govt. so my reasons will not make sense outside of this epistemological bubble i live in and see the world thru
im schizo. thats the reason why m8

https://www.mining.com/rio-tinto-completes-kemano-power-station-work-for-british-columbia-aluminum-smelter/

Neat, i didnt know Rio Tinto was doing more work for Alcan at Kitamat / Kemano.

>https://coastalcare.org/2019/07/inside-the-deadly-world-of-indias-sand-mining-mafia/

>https://archived.moe/biz/thread/47350842/#47352435
only mention of victory nickel in the archives that ive found
they have frac sand over a big nickel deposit
looks like they went under recently
>https://finance.yahoo.com/news/victory-nickel-inc-restructuring-proposal-182000915.html
i wonder what happened to that property

I'm putting 5k usd into either IVEG, VEGI or MOO. Which should I choose?

David Brady is calling a massive drop in gold all the way to 1600's. Silver to 19.

Gary savage is calling an unprecedented massive bull market in metals.

Let's see who's right in a month. My money's on Gary. David Brady is a tard.

>>52728484
I'm in the middle, I think we will get a small pullback. We had 2 weeks of upleg, time to breath.

However, I think it's retarded to call for 1600s. Have 2k on the side, won't be sad to be wrong though.

GV still strongly believe in Rana, another reason to not sell although it was already known.

Rate

>>52729966
Checked. I really recommend if you're going to fuck around with options, you pay the premium for LEAPs. ie, buy jan 2024 or 2025 expiry calls

>>52728484
Brady has a pretty bad track record. What I'm curious about is the impact of this recent change that's about to go into effect (picrel)

https://twitter.com/PopescuCo/status/1598860804995964929

>>52730142
FUCK leaps but I’m probably exiting these positions on the next run up.

If this week spots are green, could we maybe begin moving up?

>>52730435
Its been going up for 2 weeks. We will probably move to 25$ then consolidate and go down a bit. Same for Gold. Copper has big resistance right ahead, will probably stall a bit.

>>52730472
I agree. I’m looking for one more pop the consolidation

>>52713748
Why you should have both? Granted half of my miners didn’t do shit but at least one had a great week to make it easier to digest

>>52730472
https://kingworldnews.com/james-turk-12-03-2022/

Pretty funny, just listened to this and he agree, he think we might go to 26 then consolidate. Big resistance.

>Open Interest on silver is below August of 2010 when Silver moved from $18 to $50 an an ounce in 9months.
>The big shorts that have been stopping the price of silver from going up have covered their shorts and they are out of the market.

>>52725837
Any miners I should look into? I'm new to the mining sector in general, was never really my cup of tea before getting into Rothbard and Hoppe. But now I realise /cmmg/ is the most civilised and chill part of biz, and miners/metals have historically been great defensive investments for whenever a recession is on the table.

>>52728582
I haven't given up on Rana hitting something big, I think I have at least 3 drill releases left in me

>>52731609
I have more trust in PANMAN than Rana, only reason I have strong hand. What's bothering me is how long the permit is taking.

>>52731609
>>52731664
Dome Mountain still has a lot of ground to be explored, but it might have to wait for higher gold prices. The old timers found extremely high grade gold there in the past.

Advise me like we are cousins or something bros because I've been into commodities for a long time now. I'm a Doomer and you guys made a lot of sense. But most of my commodities stuff like uranium and PMs just didn't do much or I'm down 10%. Should I just pull out and do something else like hold physical bullion? Idk what to do I don't want to be a pussy and cash out at a small loss before the pump.

>>52730472
>>52730823
>>52728484
>>52731353
https://www.loom.com/share/4937cbcf98b44336b823dbe079ed362e
Another to add to the list. Burak who's very good with meme line, his calls are pretty accurate most of the time. His report this weekend is free, start at 24min for PM. He's seeing a small pullback then 2k Gold and 28 Silver.

>>52731767
Yep, I'm just waiting for cashflow to start, have no doubt the land will reward us for holding.

>>52731784
For the love of God, don't sell now. I advised people to buy Uranium mid 2020 with another anon and my most shilled company did 10x (bannerman). Unfortunately, as usual, people only bought late 2021 after a huge rup-up and are now left holding the bag. This is not the time to sell your Gold and Silver miner, it's march 2020 all over. Look at the thread, no one talk, no one ask what to buy, it's fucking empty, a miner go up 20% on a 1000$ bid.

YTD
Bitcoin -63.3%
TLT -27.7%
Nasdaq -26.9%
Spx -14.9%
Copper -13.5%
Gold -1.7%
Silver -0.6%

What are you going to buy anyway ? Keep buying miner or physical coins, life changing gains don't come freely, you'll suffer first. Pic rel is Silver versus Nasdaq. The fun will start sooner than later.

Crescat -23% YTD

It's all about patience. x5 easy on the next leg-up.

>>52732193
here's my proof CMMG is smarter than Tavi

>>52731419
Gunr etf.

>>52731784
Down ten percent? Lol that's cute.

Peter schiff is now calling a bull market in gold. This is it dudes. I can feel it. Two years of pain, five years of bliss just like Rick rule said.

>>52733776
Isn't he always calling for a bull in gold tho lol

>>52733827
Yeah but this time he's saying it's right now as in on a technical level.

>>52734034
The 2 weeks are finally over bros

Been watching some videos by finding value lately. Does anyone here use ratios as much as Andy?

>>52731916
>no one ask what to buy
It's me, I'm seriously gonna ask. What *should* I buy exactly?

based chinkoids

>>52733177
Thanks I needed that

>>52735887
>RB
>EG
>MA
how did i not know that rebar is traded as a commodity? why not plywood? cdx? osb? buy a warehouse full and park it outside valdosta then wait for a hurricane when the season comes around
>>52734072
>that subtle picrel

>>52722430
sorry to bother you again RW
how long did it take you to complete the course?
the time constraint of one month is more than enough, if i pick the right month. i wanna set aside the time but im taking my holiday break soon. although this is time off its traveling time
he has a 2 week extension, indicating to me that many people dont finish it in the alloted time
i just dont wanna pay twice or whatever to take the class if i can simply make a plan and follow that
>>52722362
didnt you take this same course bob? would you be so kind as to give me some input as well?
i promise i wont harass you for one entire thread

>>52734459
I made a lot of my investments based on ratios. I have ten ounces of platinum and am expecting 20x returns

>>52736878
You're probably the luckiest investor in this thread. Some of us are down 50% and you basically entered right at the start of the fucking upmove we've all been waiting for.

>>52737924
A month is plenty of time. Plan on about two weeks. Have a note book and take notes. You will have to go back and refer to them. You're not bothering me at all. It's my pleasure.

>>52738014
thats what i needed to know. i drive about 10k miles inside of one month. its brutal. so i wont be able to drive and pay attention like i should. ill wait until after new year so im not distracted.
its bird season here. crab season too. rock fish closes in a few weeks also.
you let me know when you wanna come out and do some fishing. all you gotta do is get here. you wont spend a dime outside of the traveling to and from

>>52737995
20x from what price? I'm going to buy clean air tomorrow for some plat exposure.

>>52738290
Current prices. Platinum will go to 20k.

>>52738076
I'm very down. We'll have a meet up for sure once we begin to make some money.

>>52738076
As long as you're positioned like we advocate in the thread there's no need to rush jnto learning trading. You'll hopefully enjoy nice gains over the next month and then can get into it at your leisure.

>>52712752
I live in BC and work in financial services mostly with clients in the mining industry. We're going to make so much money over the next couple of decades. Life is good.

>>52737924
>didnt you take this same course bob?
Nah, I've never personally bought a stock that I picked. I wish you guys luck with it, but from what I've seen it's a full time job and the payoff usually isn't worth it after taxes. And you know what happens to me if I don't pay my taxes.
>i promise i wont harass you for one entire thread
kek'd

This is crazy, look at the VG for Snowline in pending holes 15 and 28. Looks like 500m+ of VG from near surface that continues past the end of the holes

>>52737924
>>52738363
In high school we played that stock trading game with a fake account and I won 2nd place in my state by turning a $10k fake investment into several million dollars over a period of a few months using cyclical penny stocks that fluctuated predictably on a weekly basis.

However that was back in the 80's before computer trading made that strategy obsolete. Also it failed to take into account problems with liquidity and difficulty shorting penny stocks. And it mostly ignored broker fees and completely ignored taxes.
Irl what I did on paper doesn't work anymore, if it ever did. The principle still works, but now it's algorithms spotting the cyclical stock and making fractions of a cent on multimillion dollar investments. None of which I can do.

>>52738618
I won the stock market game at my school because I found out the software we were using trailed the market by 15 minutes. I made ridiculous amounts of money swing trading and everyone thought I was a genius lmao.

>>52738654
lol that's awesome!

I'm pretty old, we were getting prices from the newspaper and trading on actual paper. Got my picture in the newspaper but even then I knew I couldn't actually do it irl. I think back then you needed $2k to start a trading account and even more to short anything. That was quite a lot of money for a teenager in the 80's. I could've bought a house for under $10k if I had the money, so getting into trading was out of reach.

>>52738654
>everyone thought I was a genius lmao.
you probably are, just not the sort they thought!

>>52712752
Polymetal chads?

10k shares of POYYF here, Idk if im going to be rich or lose everything. anyone else in?

>>52723554
would say they are the best but they pay nice a nice monthly dividend
SJT
PRT
PVL
FTCO

>>52738348
im strong on physical...idk..basically everything
silver, guns, ammo, fuel storage, tools. all my equipment is paid for outright. i traded 7 lbs of weed i grew for a 16 ft dumper trailer a few years ago. i wouldve never considered buying stonks without you and /cmmg/.
i just dont trust what i cant hold.
>trading
im interested in buying the bottom. thats all. im not committed to trading when i could own and wait to rotate out when im comfortable
>begin to make some money
you wont need to spend a dime. i have fucking mountains of fishing and hunting gear. bought out 2 gun guys in like 5 years. got everything we need if youre an outdoorsman
ill have a nice gap after new years but before planting season. i have one class left to be able to dive the blue hole so ill be in playa del carmen for a month or so maybe february-march ill be away

>>52738618
what were the variables you weighed most heavily? with regard to the cycles
>>52738654
thats how you win tho. understanding the parameters/rules/boundaries and not just pushing them, but breaking them over your knee

shle
source energy services
>https://www.sourceenergyservices.com/news/source-energy-services-reports-q2-2022-results/
i think i found a sand company on the move
the industry has had alot of companies fold recently (inside 5 years) and the logistics of sand are a massive part of their viability. these guys bought out preferred sand and have just started to tread water

>>52713748
Mining stocks went up before spot

>>52739038
>what were the variables you weighed most heavily? with regard to the cycles
In order of importance:
1. predictability. Stocks that pumped and dumped on the same days each week for at least 3 weeks straight
2. cheapness. The cheaper the stock the more I could buy creating leverage
3. speed of the oscillation. A stock that pumped twice a week is better than one that pumped once a week or less
4. range of the pump. A stock that pumped 20 cents was better than one that pumped 5 cents.

The stock I actually won with pumped twice a week from a cent to about 20 cents, regular as clockwork. These cycles weren't random. They were created by investors doing in real life what I was doing on paper. I don't think that can happen anymore but it was very common in the 80's with penny stocks.

>>52737924
>>>52722362 (You)
>didnt you take this same course bob?
Not Bob but I am a big Ira fan, been meaning to take the course for a while since Red recommended me it about 6(?) months ago, as well as the enhanced Bollinger Band course but yet to get around to it, you're inspiring me to pull my fucking finger out though.

As for the month time constraint, my plan was to just screencap/screenrecord the entire course using OBS first then watch it at my leisure, probably several times. Only dirty if I share it which I never do with paid sub stuff.

>>52739362
interdasting
what do you think, initially, of this frac sand thing im onto? i realize we are diametrically opposed in our overall investment philosophy. this is why i ask. i m about to do a half gram of coke and dig into shle like a deer tick on a border collie

talk me out of it

>>52739392
>screencap/screenrecord the entire course
i would do this myself, even ask them permission, but im cripplingly retarded when it comes to computers.
why would learning this help you, specifically?
learning is always good but what is your incentive outside of potential profits?

>>52739396
>pic
Man I feel like I haven't seen a demotivational poster in years, thanks for the flashback

>>52739438
>im cripplingly retarded when it comes to computers.
OBS is retard proof. You open it, can see clearly exactly what it's recording, make sure "enable desktop audio" is ticked so your video has sound, press "record" and play the video. End "record" when it's over and you have an mp4 file of whatever you just recorded in "My Videos" or whereever it saves to. If that's too confusing use a guide on youtube. Screen recording is simple as fuck.

>why would learning this help you, specifically?
I have very good pattern recognition and a good eye for numbers, lines and trends. All I need is strong and reliable information from someone with more knowledge than me (Ira) to learn from so I can up my trading/investing game further. The free videos have been invaluable but I need to expand.
>learning is always good but what is your incentive outside of potential profits?
The incentive of profits is essentialy the game. I'm not one of these "Make It(tm) on one trade, move to the bahamas and buy a lambo" living-on-a-postcard retards. I understand making it means being able to sustain it. Everything I've ever been good at seems to lend itself to being good at so I just need more education in the field. I'm much more interested in TA than DD desu, I'm better at it and it just excites me more.

My other incentive is of course fuck the government and fuck the tax man.

>>52739526
naturally, yes, we would all like to profit. im pretty much in the same boat. i would like to learn2micro since im decent on macro (still waiting for that fed pivot)
>fuck the govt
no reason in profiting if you have to pay those nigtards.
>TA vs DD
thats where i need work. i will read the first 6 pages of google, yahoo, aloha, ddg, bing, yandex, whatever and sift out info. but ultimately its impotent without the ability to TA from that data
are you energy heavy in your pf?

>>52739319
Nice work anon.

>>52739438
Don't ask for permission. They're jews. You'll get sued.

>>52738839
i hope you bought recently it went from >15 to under 3 in a hurry

>>52739644
understood
>>52739637
idk shit about sand and not much more about financials on mining companies. i just DD'd every frac sand producer in north america until i found these guys. this is where i lack the 'tism to discover upward potential, hence the need for iras course
with a entry price this low idk if a few cents is that impactful. not like im buying a huge volume of shares
but ill probably buy enough to motivate me to do more DD

>>52739600
>no reason in profiting if you have to pay those nigtards.
Yep. For everything wrong with my country, luckily I can have my entire pf is in an ISA so any gains are tax free. I only pay trading and exchange fees which are considerably less than even the lowest bracket.

>i will read the first 6 pages of google, yahoo, aloha, ddg, bing, yandex, whatever and sift out info.
I admire this coz I'd rather stare at lines, but you're right you need both and I need to up my game across the board.

>are you energy heavy in your pf?
I'm like 50% gas, 25% uranium and 25% metal with a sprinkling of SALT. I'd be heavier in metals but wasn't expecting any big moves until next year desu and planned to rotate the winter's energy profits into it but oh well maybe I'll be a faggot and fomo on the next pullback.

>>52739728
>heavier in metals but wasn't expecting any big moves until next year
i still think metals, PMs, will see significant pullback. being as schizo as i am, i think theyll coordinate a cyberattack to keep them from breaking out, while simultaneously unveiling their CBDC fedcoin as a panacea to calm the peasantry and keep the pitchforks at bay

>>52739766
Yeah I'm with you man. Easy to get carried away in all the hype in these threads lately but a loud part of me just doesn't believe they're going to let it happen that easily. I'd like to see line go up from here on out but I seriously doubt they're out of tricks

>>52739951
>easily
>doubt theyre out of tricks
i dont see a comex silver squeeze without a bankrun type catalyst, such as industrial demand standing for delivery on piles of futures contracts as their bean counters would recognize that the financial instruments of PM futures trading werent as profitable as buying enough metal to continue operations long term.
kinda like GMAC made more money financing vehicles than GM did building them, but in reverse. what good is 50k oz futures contract on AG if you cant stay in biz for more than a couple of years without physical AG for your product line?
the comex silver squeeze will coincide flawlessly with cyberterror and/or cbdc launch, leaving us silver stackers without recourse or avenues to exchange/sell our physical on a conventional above board white market like walking into your LCS and leaving with cash.
physical PMs will be our underlayment for a parallel economy outside of that system

Can anyone tell me what happened to bayhorse?

I bought them about 1.5 years ago then resold it for some other mining stock you were shilling.

I'm too afraid to see how dead they are.

its fucking 3 am here. ive been reading about sand for 2.5 days now. how has sand not come up and been delved into in earnest by now, considering its the largest mining sector on earth and its inelastic across a plethora of fields?
>>52740123
>resold
selling it the first time didnt work?

>>52740099
Checked and this is the kind of high IQ schizo posting I'm here for.
>>52740174
I appreciate your sandposting. I'll be going back over it all properly later and read it through to learn more because I know fuck all about it

>>52740306
would you be so kind as to help me out with some TA?
im doing DD all over sand. im on it like white on rice in a glass of milk on a paper plate in a snowstorm.
athabasca is brought up here occasionally, and theyre into frac sand, amongst other aggregates and materials, but they dont own their own trucks. this logistical issue is one of the main expenses in that field. this is why walmart did so well for so long is they hurriedly became the largest trucking company on the planet hauling other companies products to their retail stores. economies of scale you know.
turns out shle, source energy services, doesnt own their trucking either. could be a deal breaker for me if i was investing on a much much larger scale than tossing my pocket change in.
i can see how maintaining a fleet of rigs and a team of drivers may not be efficient on such a small scale. so from what i gather theyre doing their own "style" of dispatching, scheduling, monitoring, etc via their self proclaimed "real time analytics technology".
sounds like something i could do with a CB and a rolodex. sadly none ive found have logistical solutions further than drawing maps on dusty windows of dump trucks with a wet finger

>>52740491
forgot pic. m tired

Gonna start being more active here, definitely a good time to get in the mining game… any recommendations for a newbie? Haven’t been in this space since Gayhorse rugged after hitting 0.20, I was thinking of buying calls on a gold mining etf but I know GDX and GDXJ can be iffy

>>52739396
>what do you think, initially, of this frac sand thing im onto?
I like it because you're looking into who supplies the suppliers but I suspect we have enough frac sand on hand to complete the next few hundred years of drilling and I expect we'll run out of oil and gas sooner than sand. Also frac sand is the best proppant but other materials certainly work, and lately I'm hearing that the shale wells we're fracking don't require nearly as much propping as we're giving them.

but on the flip side, the feds aren't going to let oil and gas do a quick 5x, but that could certainly happen in sand or even water in the oilfields. The gov will regulate the hell out of energy costs to the consumer but don't really give a fuck about producer's costs.

Overall you might be on to something but I think silver and gold and plat group and RE are better positioned to take off in the near future, and you know I'm not really bullish on any of those. Not bullish enough to buy anyways.

Won't be surprised if we just go back down to 19 again.

>>52740491
>would you be so kind as to help me out with some TA?
I'm flattered to be asked but if I'm honest my skills are still very much at the amateur level operating on free information. I claim an affinity and talk a big potential game but I still lack the legit deep knowledge that comes with the courses on my to-do list, which is why I rarely share my own charts. I'd hate to give you any bad advice as my big-picture TA is still lacking. I'm happy to look at anything but honestly someone like Red will do a much better job than me until I've studied more. I'm confident in my potential but I've been very complacent lately having most of my positions already so I've sat around with my thumb in my ass instead of learning.

>>52740491
In fact, you know what Lassen? Your cocaine fuelled autism has inspired me. Today I'm withdrawing the money for the charting course, it should hit my account by Wednesday, and I'll start it on Thursday since it's my day off. I'll TA the shit out of whatever you have after then.
I've put it off too long because I've had nothing to buy therefore nothing to analyze, but really that's the best fucking time to do it.

Aw. My calls gonna go down today

>>52741455
I might not even look at them

>>52731784
I bought in a bit early too because the thesis makes sense. I'm up money though because of a few holdings that ran up a lot (snowline gold in particular and now tectonic metals). I was too early on snowline too but followed it closely and added two more times on the way down including the bottom at 0.25. I guess the lesson is to do DD and figure out the best risk/reward stories and average down on your highest conviction stocks. I sold a few at a loss along the way too in order to rotate the money into better companies. Or I could be an idiot that just got lucky.

What do you guys think of a warehousing AI tech stock like Verses Technologies (TICKER:VRSSF) for the commodity bullrun?

new NFG vid

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

Well RIP Arctic Star, you tried

>>52728582
Do you have to kiss GV's ass some and be active on twitter to get added to his "margot" account? He denied my request, kek

>>52741128
> I suspect we have enough frac sand on hand to complete the next few hundred years of drilling
from what ive gathered the quality and location of the sand.this i why the boom years ago had sand mines popping up everywhere only to consolidate as certain companiessimply had better logistics, shorter hauls are cheaper and faster. so a few went belly up and were bought up by the others. nearly every companies charts look identical
>>52741196
figured id ask since im a chartlet. i dont think any of these sand companies will have serious dips so ill just dca until i have a comfy position

i bet gary is gonna be rectum raging when he checks the thread and learns were sending money to ira instead of him

encorebros...

>>52743736
encore has been ~$2.30 ever since they bought the texas property. What're you crying about now? Nothings changed since then...

>>52743947
I should be rich already

>>52743982
2mw

>>52743394
He doesn't accept request, that account was created way early and he locked it when his main account blew past 60k. Feelsgood knowing shit in advance compared to his 90k followers. Only 2k on this account, he give us lot of insight and early buy/sell signal.

>>52744026
We're in something like 8 or 9 of the same positions so I tried to follow. So he doesn't accept anyone?

>>52744257
He changed the handle for this exact reason, tons of people send him request and it bothered him. No.

>>52744314
Thanks anon

>>52743982
Why would you be rich already when the world still runs on oil? It's very well known that Uranium is a long play...

>>52743719
I'm happy to give you my thoughts at least, just take em lightly.

Looking at SHLE for example, it's broken both the downtrend in early Oct and the larger downtrend in late Oct, but then failed to break the 200dma (green line) twice, the second being a lower high but then a higher low so it's just consolidating into a wedge. It's got a lot of support in the form of the 18, 50 and 100 dmas (red purple and yellow).
To me it looks like it's next stop is around 1.65 where the moving average supports combined with the uptrend support may save it, to then hopefully break the wedge upwards past the 200dma where the next resistance is 2.23. Otherwise it's riding that bigger downtrend line further down, but damn that's a lot of support it has to fall through first.

If I'm way off then maybe it'll bait someone into giving you a better analysis.

>>52743736
>encorebros...
I swung my entire position on open like a fucking degenerate as soon as I saw it lose its oversold embedding before it magnets to the 18dma. Will I regret it? I don't so far, good move me.

>>52744659
>oversold
*overbought lol

>>52738839
average cost per share $2.6, my entry was solid.

>>52744583
thanks bro. i put an order in at 1.00 in hopes itll trend down allowing me to load up a couple hundred shares and try to start dca as low as possible. the 52 week range is 1.09-3.00 which makes my entry at a buck unreasonably hopeful

im gonna have to sign off for a bit lads. packing to go crabbing and fishing tomorrow in humboldt.
you boys keep it in the green

>>52745150
Enjoy it bro, watch out for them crabs. Angry fuckers

Commodities shitting.
Is the dollar milkshake back?

cheapies from the weak handed.


Dollar can do what it wants for now, but it won't stop China from reopening.

>>52744026
I would be cautious about a buy/sell signal from GV, the guy is basically another rocket red and would rugpull his own mother if there was money in it for him

how do i buy a barrel of oil

kek, so it was another fake out?

>>52748588
You go to the oil store and ask the oil lady, "one barrel of oil please."

How y’all feeling about oil/xle? Valuations are certainly justified. I feel like oils pop higher had to be sustained for people to comfortable rotating into the sector, as XLE came up slower than oil prices.

>>52747285
Did that guy really die benching 90 lbs?

https://www.castanetkamloops.net/news/Kamloops/400032/Highland-Valley-Copper-pit-temporarily-closed-due-to-geotechnical-instability-Teck-says

A little bit of local news from BC, Highland Valley Copper is temporarily shutting its primary pit down due to geotechnical issues.

>>52751089
>gook equipment
it's probably hallow to save money. Best I can do is 65#

>>52752247
Forgot pic

https://twitter.com/MichaelGoodwell/status/1599936367932231680

zoltan smoking crack thinking ruskies will use gold to trade for oil.

>>52740665
Scratch that I’m thinking deflation now kek. Seeing it everywhere

quite a pullback in uranium. i haven't been following the news but i have to admit i'm starting to doubt the theory. i'm not even down that much, but this crab is killing me.

>>52740123
I still hold a ton of shares. The CEO has the mine on care and maintenance mode while he waits for silver to go higher. I’ve read a lot about mining the last couple years and apparently it’s pretty common for mining companies to basically shut down operations and do nothing during pullbacks in metals prices. That has been the case for decades. But apparently BHS is taking this to the extreme by doing all this extra busy work and needing new rounds of funding for it. The problem with investing in a mining company whose CEO believe in precious metals price suppression is that they will spend literally years just fucking around and diluting shareholders rather than sell their metals at suppressed prices. So it’s frustrating as a shareholder but I understand the CEO’s thought process. The dilution sucks and I’m down far too much to even consider selling so I’m just going to hold on in the hopes that maybe 2023 will see silver go above $30 and the company can restart mining operations and start selling concentrate.

>>52751568
Hey Pan Man, what is the general sentiment/mood in the mining industry right now? Are miners upset about the continued low prices? Or do they not really worry about those things?

>>52754201
what is the theory?

>>52754325
i meant the thesis lmao. dig around in the archives/youtube there's plenty of info already

>>52754325
the theory is to lurk moar and/or buy my bags

>>52754440
kek

>>52754201
>>52754325
I've given up on nuclear. LNG/Coal has been deemed more ESG friendly than it. ESG shit isn't going to go away for years until capitulation from high energy prices.

https://ceo.ca/@newswire/scottie-resources-intercepts-318-gt-gold-over-400
>SCOTTIE RESOURCES INTERCEPTS 31.8 G/T GOLD OVER 4.00 METRES AND 6.82 G/T GOLD OVER 6.85 METRES ON D ZONE TARGET ADJACENT TO BLUEBERRY CONTACT ZONE

Scottie can't stop hitting BONANZA

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2659-tsx-venture/scot/132393-scottie-resources-intercepts-31-8-g-t-gold-over-4-00-metres-and-6-82-g-t-gold-over-6-85-metres-on-d-zone-target-adjacent-to-blueberry-contact-zone.html

>>52754324
If you're talking about working miners, we don't really track metals prices and we don't usually know at what prices the mine will shut down.

Mostly because with enormous open pit and huge underground projects, the mines run on razor thin margins so the price of metal isn't really much of a factor. Also they have huge stockpiles of cash so they can continue to operate at a loss for years if they want to. And they sell metals for steady prices over periods of years using futures contracts. And they sell metal for less than spot.

things like rising fuel prices and labor costs are way more important than metal prices unless metals severely crash, which they haven't. This is a major mistake /cmmg/ has always made. Thinking mining companies rise and fall with metals prices alone. But since almost every investor is making the same mistake it actually affects markets.

>>52755545
Agnico Eagle is an exception among the gold majors; they don't sell forward any of their production.

>>52754292
>shut down operations
>all this extra busy work and needing new rounds of funding
Yup. Nothing consumes resources faster than shutting down an operation. They probably use twice as much diesel with the gate closed than open. All that overtime adds up too. They probably had to hire a few new hands to stay closed. Reverse of lay offs like other industries that slow down, in mining when you're closed you need all hands on deck, 12 on 12 off.

>>52755622
>they don't sell forward any of their production.
yeah, that's not normal operating procedure at all. It would save on storage and probably transportation, but at the risk of greater volatility and less access to credit.

I sold out of dennison and iso energy this morning in order to avoid some of the tax loss selling likely to occur next week. The other uranium stocks I hold like encore, global, nexgen, lotus all looked fine from a technical level at pretty strong supprot but dnn and iso looked pretty weak with about 15%-20% possible downside.

I find it funny how this Gary Savage always claims we only have up to go after a week of green only to return right back down to where we started. This actually goes for pretty much all these analysts. Nothing will ever happen. No commodity super cycle. Face it.

>>52755892

I put $2000 on scottie as an initial posistion. Y'all have been talking about it for two years and I've looked at it.

>>52756196
Agreed. Been my frustration for two years in this shit.

>>52756196
This may come as a surprise, but unfortunately even Gary Savage cannot predict the future.
As other anons in this thread have attested to, Gary Savage has a great track record after decades of succesful investing.

Personally, I would be very interested in hearing Gary Savage's analysis of these latest market movements, how they impact his prediction or if they are indicative of a shift in the broader market and change his prediction altogether.
I bet Gary Savage will share the answers to these questions, and more, with his premium subscribers on Gary Savage's premium investment blog ($75/mo - no more than the cost of one family trip to Black Panther: Wakanda Forever).

>>52756413
weird how nobody reports you for shilling your paid blog here.

>>52756413
Well done. Great consistency. toppest of keks.

>>52756413
I love your posts m8, as one of the three Gary shills ITT, but it's a crime how many people take your satire seriously. Maybe I'm not as autistic as I thought, or so autistic I'm just on another level and the responses are a level of satire that is 2deep4me.

Imagine giving up on uranium after a few months of red. Some of you truly aren't gonna make it.

How much do yall think 20c-30c industrial metal miners are gonna get hit for come 2023?

https://twitter.com/MichaelGoodwell/status/1599936367932231680
Latest Zoltan, very good stuff, bullish Gold.

https://twitter.com/JReade_WGC/status/1599754620561412096
A piece from Bloomberg, bullish Silver.

wow we're never gonna make it.

Is it gonna keep going down :(

>>52757291
It's a strategic short term trade for me. Tax loss season selling and quad witching is next week. I'm still alrgely in uranium, just out on two of the weakest looking charts for about two weeks.

it's over. commodities do terrible in recessions, and we're heading into the greatest global depression since the 1930s

>>52759001
You think /cmmg is for buying stocks that do well in a recession? Everyone here is waiting for 2024/2025

>>52759102
And then in 24/25 people will be saying wait for 27/28.

>>52759171
Then why the fuck are you here? investing is because you believe a certain outcome will occur. Go open a ton of puts then and go shitpost in smg.

When international debts start defaulting, that's when we see a precipitous international shortages of USD, right? Commodities, at least in terms of USD, may get clobbered.

Anyone in oil looking at Valeura energy? Pumped over 100% today on a big acquisition that apparently has cash flow of 30million/month. Even after the 100% move the MC of Valeura is around 120mill, and presumably the company had some other stuff going on before this, though I have 0 familiarity with them.

>>52759171
In 2020 it was supposed to happen in ‘23 :(

>>52757527
Real good stuff here, i like how he pokes at the germans. Fuck the germans, they have proliferated the malthusian "green" collective suicide ideology

>>52754324
that depends on what part of the industry your involved in. Over all things are still pretty rosy across the board, the exploration sector though has cooled off. That was expected though as costs for things like jet fuel were skyrocketing so projects are just going quiet for a year or two waiting to see if costs can cool.
There are still plenty of jobs out there for people looking for work in mining, but i am not sure how long that will last.

>>52754669
>>52754667
Blueberry zone just keeps getting better and better!
To think geos have been driving over that spot for decades, always thinking something was there but never really testing past the surface.

>Uranium still moving in lockstep
>UUUU dropped below $6.00 again
Brilliant, time for more bags

>>52754593
>>52754201
Uranium has been trading in a good range for the last 2 or 3 years, it's been very comfy to swing trade for me in the last year. I've made a decent amount of money on CCs doing so.

WHAT THE FUCK IS GOING ON WITH $UEC?

URANIUM WTF

It'll be interesting to see how this plays out.
I expect commodities to get absolutely fucked as we drop into 2023 and only at that bottom we'll start seeing what decouples and when.
Would be great if we visited 2020 or even 2019 lows before we start the real climb in the commodity markets.
The entry points would be insanely good and it's entirely possible we're going straight to those lows considering how we're swan diving into massive recessions everywhere.

>>52761564
Think i'm back on this mofo for the 6th time. Good ole $6, never gets boring

>>52761777
Its over, the thorium cultists finally won

>>52762549
fusion chads were gonna win

>>52754667
>>52754669
>>52760748
I’m wondering if it’s a good time to get in right now honestly. Yea that’s a hell of a find, but just from a purchase standpoint it’s at its 52 week high already. I’m not exactly overextended in any real position but would some kind of retrace be expected or could this actually push it further based on one hit?

>>52763310
It's a 50 million market cap and they're hitting 30gpt.

>>52763310
their high because their hitting fantastic results but its still ages away from becoming a real mine yet. There will be dips again, but expect more news soon, they are still waiting on more summer results.

>>52759001
>1928 gold is $20
>1936 gold is $35

>>52764906
Forgot pic

>>52755677
>They probably use twice as much diesel with the gate closed than open.
>in mining when you're closed you need all hands on deck
Why is this? What does a mine do if its not mining?

>>52764906
Are you pulling our legs or unaware of history? Yeah, it helps when the government sets the price, as it did at the time.

>>52766182
>he doesn't know about the satanic orgies
>he doesn't know about making sacrifices to the dragon that lives in the mines
>he doesn't know about the uppity dwarves battling the dmt machine elves
You don't mine much do you?

>>52766182
Fagmule is a mining company? When do they capitalize on their permits they surely have after such rigorous work to get there?
>>52766200
>Sets the price
To keep it from running away. Can't you even into nickel?
Why didn't they just drop that big dick when the hunt brothers bought so much?
Why doesn't the government just set the price for everything so it doesn't get too high? Maybe they could hire more jannies to check everyone's finances unless they own private islands that will be literally underwater in two (2) moar weeks unless we install communism to pacify the sky god?
Shit they could let everyone own a home buy just marking down uncapitalized (according to a totally science based arbitrary number completely made up by hand picked and vetted useful idiots who would lose funding if they found anything outside of their fundings scope) properties?
Damn now that you mention it, we should just take all the extra homes and land people own and set the price so low that everyone can afford a home and land? I'm sure that your price controls would function flawlessly, as long as labor and equity is tamped down
Shit. Fuck it. Let's have the govt set all the prices so they can never run away, not just for gold, but for for boomet property that would surely go uncapitalized, since the govt is so fucking efficient at setting the prices of gold. Gold sits in safes, uncapitalized to the detriment of (insert commie rationale here).
Homes and land are vastly undercapitalized compared to gold and there is no guarantee that some boomer faggots kids will be able to maintain (due to evil capitalism) the (government mandated) values. Therefore all prices should be set or enforced by the government.

I did t know I was a commie until now lads. Let's have the government set the prices of land and homes. How are they different from gold or any other thing?

For those of you that aren't willfully retarded, I feel genuine pity if you don't know about Edith Hamilton or Ezra pound or their exchanges while he was a political prisoner in Bethesda.
Show of hands:
Who has read one fucking word from them or even heard obliquely of either of them even obliquely?
>Crickets chirping
Thought so. Yawn. You faggots are mental midgets, boring, complacent, tawdry, and falsely empowered by a sense of entitlement.
>The govt can just set the price
Unless it's your boomer property that's shored up in every conceivable manner for two generations.

>https://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/edith-hamilton
From the article
>While spending winters in Washington, D.C., from 1943 to 1963, Hamilton met many litterati, including novelist Isak Dinesen, historian Arnold Toynbee, and poets Robert Frost and Ezra Pound.
If you niggers think Alex Jones, art bell, Jeff rense, or bill cooper are anything other than glowniggers, why did the most based radio broadcast that called out the kikes during WW2 get shut down and held in a mental institution for the remainder of his life by glowniggers?

I worry I'm losing IQ by running circles to explain the most basic bitch shit to abbos

I gotta be up in four hours to be on the boat. You fellas keep it in the green

>When words cease to cling close to things, kingdoms fall, empires wane and diminish.
Remember kids, always shoot a traitor before an enemy.

>Don't be blinded by the theorists and a lying press.
Govt say x bad, science confirms after govt funded study. Stay tuned for more at six, after the weather.

>In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries

Has anyone ever wondered why they don't halt trading of a commodity if the price falls too much too fast?
Naturally the government HAS TO step in if it goes to high too fast because (insert communist buzzword here).

Can anyone show where commodities trades of any kind were halted because the price was in free fall?
Member when oil was so cheap they were giving it away instead of stockpiling it or simply slowing production? Member when they halted oil trading because it plummeted overnight?

Yeah. Me neither
>Oh fugg.
>Prices are too cheap!
>Shut it down!
Deflationary cycles would destroy the consumer by lowering costs too much, resulting in higher purchasing power for the same wages, potentially creating a downward spiral of both, mitigated slightly by increases in quality instead of quantity, which would result in lower tax revenue
How awful would that be? Imagine the horror

NFGbros will like this

https://www.youtube.com/watch?v=H5BgTiEV5lI

bump

Bump

>>52734459
Everything I'm invested in right now is based on ratios:
Gold-Silver ratio
Gold-SPY ratio
SPY-GDP ratio
Price-Earnings ratio

The point for me is that all of these remove the noise that printing fiat causes.

>>52771338
BASED RATIOOOER

>>52760357
In 2020 it was supposed to happen in 2021, and 2021 was papered over by globally unprecedented fiat printing.

Personally I believe in 2023. There is a 6-18 month lag on a most macro economic casues-effects, and a lot of that is just starting to materialize now and I expect will really start to snowball into next year. Megacorps cutting tens of thousands of jobs this year for example will really only impact the wider economy after at least 6 months+ when the impacts of reduced spending and debt defaults start to appear. Depending on local real estate market liquidity, interest rates could take up to a year to materialize in prices (meaning most areas are still priced at Dec 2021 interest rates). Contagion of all these processes is real but takes time to filter through the economy.

Honestly this doesn't necessarily mean that commodity prices will moon in fiat terms, as a greater recession/depression may cause a drop in all prices, but if not then I expect commodity prices to at least fare much better than alternative sectors (as has already been happening through 2022).

My thesis remains the same: if we're going into credit/fiat contraction the best place to be is bonds/fiat (second best is commodities and worst is credit-dependent markets like big tech, financials, real estate, etc), if instead this is papered over by further credit/fiat expansion (printing) the best place to be is commodities (second based is real estate, then other equity sectors) and worst will be bonds/fiat. If you don't know which outcome will happen, commodities are the best overall risk/reward, so that's where I put my money.

>>52712752
i am financially destroyed by commodities

>>52771338
I understand the concept but how can you trade the GDP

Seems Castillo just self-couped Peru.
Dissolved congress and declared an indefinite state of emergency.
Is he a nationalisation kinda guy?

>>52754292
>The CEO has the mine on care and maintenance mode while he waits for silver to go higher.
No, scam horse never had a mining permit, and there is nothing left worth mining. Even though the exploration permit allows for 5,000 cy/year they do nothing.

>CEO believe in precious metals price suppression is that they will spend literally years just fucking around and diluting shareholders rather than sell their metals at suppressed prices.
you got scammed by the scammers here, just accept it.

>I understand the CEO’s thought process.
obviously you do not.

>company can restart mining operations and start selling concentrate.
scam horse does not have a mining permit, so they cannot "restart" mining operations. scam horse never submitted a complete mining permit application and the application is cold and dead. Why don't you call the Oregon mining folks who have the dead permit application and talk to them about what a scam scamhorse is instead of claiming you understand the "CEO's thought process." There is this new thing called a telephone, you just call them. Try it. After you talk to the mining regulators you can call the CEO yourself.

buying only dividend orientated miner/energy stonks, feeling comfy
https://www.youtube.com/watch?v=anatWa4Gqh8

Someone please explain what's going on with trillion? How much more does big money need to see before they buy in?

>>52775867
warm weather driving price down is what ive been reading

>wheat
>rough rice
>canola

>>52772893
Never mind, they already got him.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/620-tsx/moz/132535-marathon-gold-announces-positive-updated-feasibility-study-for-the-valentine-gold-project.html

Marathon new FS, they raised production and increased mine life, but strip went up significantly and AISC from $833 in Mar 2021 to $1046/oz in this one.

Golden Tag HALTED

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/433-tsx-venture/gog/132533-golden-tag-to-acquire-la-parrilla-silver-mine-complex-from-first-majestic-silver.html

>>52772893
QRD?

Peru is changing government again, their dumping their socialist president. I wonder what that holds for the future of exploration in the country? Its going to be an interesting few months for anything going on down there.

>>52781813
good, I don't expect the next CIA commie installment to be any better, but nice to see Castillo get what he deserves.

t. Held aftermath silver for a month after his election

>>52780578
>18 months halt
fuck, i have a small position, would love to double it but I doubt I'll be able to do it

page 11 bumpu

anyone's got an opinion on oil prices ?
thinking about going all in

>>52784709
We are going into a serious recession, you should wait before buying cyclical commodities.

Defense Metals closed their $6 million private placement oversubscribed. This is a good sign in this market.

>>52776148
>warm weather
Not sure how everyone else is fairing but we just got our first snow today in Bongland. Bullish for Trillion

I don't own any shares but have been keeping an eye on Honey Badger (TUF). They have morphed into a lifestyle company of late from the looks of it and the market cap is down to only 5 million. They are doing a reverse split in the near term and likely following it up with some dilution, which may provide a good entry price (I am hoping around the 3 million market cap range). Sprott owns a bunch and they picked up some property in the Yukon in the Tintina belt, if they hit anything there it's anyone's guess where the market cap goes, but that part of the world is hot right now as much as anything PM related can be hot. If we are patient there could be a good risk/reward setting up after the split and hopefully a big raise for drilling some holes up there.

>>52775867
>>52786542
Big money waiting for retail to get bored and give up their shares, retail is not allowed to make serious money.

>>52786853
Why would you knowingly buy a lifestyle company even after the dilution. You already know they’re just squandering the cash

>>52787515
Mainly because of Sprott, especially if he adds during a PP.

>>52787894
Based I love gettin diluted if it’s sprott doing it

>>52788387
Well having smart money invested with skin in the game gives me higher confidence than a random junior who dilutes. You can make inferences from the investments Sprott makes about which companies have some potential. Sprott has access to more information than we do.

>>52789190
>Sprott has access to more information than we do.
He has a subscription to Gary Savage?

https://www.mining.com/jpmorgan-helps-minesense-to-raise-42m-to-close-copper-gap/

Minesense seems like an interesting company, i ll have to do some research into their tech.
Also sorry i ve been extremely busy dealing with snow, i am still checking up on those companies anons asked about.

>>52792132
>i am still checking up on those companies anons asked about.
thank you, take care

>>52792626
we got utterly buried from a series of cold / wet spells and are only starting to dig out properly.

This is pretty good news as well from Ascot Resources!
https://ascotgold.com/news-releases/2022/ascot-drills-its-highest-grade-intercept-since-2017-488-g-t-gold-over-1.0-metre-at-the-big-missouri-deposit/

>>52784709
It's got a little further to fall. About 66 dollsrs or so, look st the charts and you can see it for yourself easily with basic trend runes.

-Red.

>>52793016
>trend runes
I'm more of a trend tarot man myself

Well I went and bought some Scottie todays I was actually in profit from SOXL (by literally a few bucks), so dumped some of that to get it

>SCTSF
>REMRF (SALT)
>NFG
>BHLL

Is that a decent set of holdings /cmmg/?

SALT released news regarding the FS:

https://atlassalt.com/atlas-salt-nears-economic-analysis-for-great-atlantic/

>will provide the results of a Preliminary Economic Assessment (PEA) by mid-January 2023.
>final Feasibility analysis that will follow in early 2023.

Things are moving at a pretty nice rate over there.

https://www.youtube.com/watch?v=VyBxt-D3yjs
Some Pajeet interviewed Rowland and he said:
>Value proposition is just as high now or higher than when is was trading at $4.50 in August"

Of course we all expected that, but at least we know for sure where the minimum is.
And if he's confident enough to openly state that the price is at least that before the FS drops, that's a very conservative estimate.
It's basically free money to jump into this at the moment before it takes off, which it probably will since this entire thing could very well play out entirely within few months and be bought out soon after the FS.
If we manage to see $10 out of this I'll be very happy. If more then great, which is entirely possible all things considered.
Can't wait to see how this plays out.

>>52792778
any thoughts on eskay mining? still worth holding at this point?

>>52794949
their stuck currently until final permitting and construction start on their shared road for KSM, I cant recall if they have any assays out anytime soon either. Their positioned fantastically and have a potentially stunning mine on their hands but they cant continue without road access. Its too expensive right now to be doing helicopter operations on a wide scale.

>>52793766
Gary is calling for an imminent big ass move in gdx so that 20k I pulled out of uranium I cycled into gdx.

>>52795259
Final permit seems to be the death knell for a lot of these miners. I think going forward in miner investment I will pull out when it gets down to that.

>>52795805
agreed, its the grinding monotony of bureaucrats that slows fantastic projects down.

>>52795774
I hope so. I’m trying to double or triple this shit nigga

>>52794587
thanks fren, good stuff, although I'd rather not see Rowland talking to any more stinky poos who might shit all over the salt

>>52796437
Both of these + 1/4 oz gold and like 170 oz of silver is my entire folio

>>52794587
Thanks for the great update.

>>52796437
He keeps saying to hold the calls. I just want a fucking win for the year. Just a win. Just one little win. Fuck.

>>52794587
https://www.youtube.com/watch?v=8SmzgzL9EQo

WAGMI, Atlas could shoot up some Friday with this newsflow, then in early '23, BOOM!

>>52796608
Right. Honestly it gdxj does look spring loaded. I came to that conclusion without listening to gurus. At the very least its a local low.

>>52796717
I bought 6000 dollars worth at two bucks. Down 50%, sitting on about 3k dollars worth. Wish I had more. That one ceo guy has been adamant that it's worth 76$ a share.

>>52793766
This is me, phone posting since I’m on the go for the wage cage. Nice to know I seem to have picked some good ones up at relative bottoms. That SALT news was much needed because that was the one I was watching bleed the most while the rest I’ve actually gotten (small) moves in the green. I know most of these won’t pay off until mid 23 at the earliest because anyone could tell all this pumping market wide was just an election based exit scam.

Quick question, does Energy Fuels (UUUU) have any history of being dishonest themselves, or has the company received unfair treatment from eg the jurisdiction and partners? I know they have a good managment team

Hey RW.
Us Silica is down. It's under the price you mentioned. I'm thinking of throwing down on it. The fed pivot that may not happen next week is part of the buying strategy I intend to follow. I don't think it's a bad buy obviously, but I'm curious as to how much lower it could go. Would you be so kind as to TA their weekly again next week. The fed meeting is on the 14th.
Here >>52739319
Is another pick I'm still DDing. Would appreciate your thoughts on this ones charts as well, if you would be so kind.

>>52797288
I will look at them both this weekend.

>>52797288
Based 88 get.

>>52797288
What are the tickers for the two?

>>52797840
Shle is source energy services in wisco
Us Silica is slca

>>52797907
there is a squamish high quality silicon project coming on the market in January too by the grape vine. No name for the company yet but i expect it to be up sooner rather than later.

>>52797965
Where?

>>52797965
Never mind
I thought it's was the medical conditionthat some how had a mining terminology, not an indigenous peoples

>>52798126
>>52798076
its down in the lower mainland, i ve been trying to find the property minfile with little success, i dont think i have the right title name. The property is maybe 30 minutes out from the town of Squamish BC, it was mined in the early 70s for optical quartz, extremely pure silicon quartz veins. I ll find the name tomorrow, its been a popular site for rock hunters for years as it used to have huge waste piles of good looking quartz points.

>>52786853
>>52787894

It was shilled with bayhorse in 2020 stay away

>>52798159
>trying to find the property minfile with little success,
Pro tip: the "onX" hunting app can be used for many things other than hunting

bags are being bought bros

>>52798264
Which of these are you watching?

>>52798368
copper/coal

https://twitter.com/Sino_Market/status/1601140112477200387

LME is officially dead. dead volume across the entire exchange and SHFE has now slashed all fees

>>52712752


New bread

>>52798847
>>52798847
>>52798847

>>52798855
new thread was already up
>>52798482