/biz/ - Business & Finance

>>53909512
Another fake thread by the neo-nazi anti-bayhorse shill

>>53909690

>>53909768
hows eglin today boys

jannies HATE when you mention eglin AFB

Gold Mountain posted an update today: They finally brought their AISC down(to 1485). Might be able to turn it around.

Uranium stocks have been so unbelievably boring for such a long time

I’ve lost so much money

>>53910303
>TRIPLE DIGIT SILVER

>>53910245
it's a long term hold bro

>>53910067
I saw, but mgmt lost all credibility with me so I'll never invest. That's the canadian $ AISC too IIRC.

>>53910832
Yep. Shitty mining companies can eat a dick. Drop them like a dumb ho.

one word
bayhorse

So...it's Thursday. Wasn't the market supposed to crash?

>>53911626
I've honestly just stopped looking at my portfolio. I know for a fact nothing interesting has happened so there's no point in checking it every day. Better to focus on other aspects of life while the market crabs down.

https://m.youtube.com/watch?v=3poRs3OS7Os&t=417s&pp=ygUWV2VhbHRoaW9uIHRvbSBtY2xlbGxhbg%3D%3D

Absolutely fascinating interview from Tom McLellan, whose parents invented the McClellan oscillator, one of the most used technical analytics today.

Tom talks about how his parents invented this oscillator, being a business major, a math matetician, and the computing skills provided by a rocket scientist.

Tom further shares his current outlook and data on the markets.

10/10 watch.

>>53909690

>>53910832
i agree, management screwed the pooch on Gold Mountain, they might be able to bring it back but investor confidence is shot.

I swapped 2 ounces of gold for 3 ounces of platinum
Let's hope this was a good idea
The platinum/gold ratio is rebounding

https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-ontario-mining-act-battery-metals-industry/

Lets see how many regs / red tape Ontario can toss out the window to get more mines going in a timely manor.

https://www.zerohedge.com/markets/blackstone-defaults-531-property-backed-cmbs-it-keeps-blocking-investor-withdrawals-71bn

Does this mean anything for our theory?

>>53910303
Have some Keith hopium

https://www.youtube.com/watch?v=_tre8AEinII&ab_channel=KitcoNEWS

>>53913160
Canada? Less regulation? It'll never fly. Or natives will find some reason to whine and stop projects until they get their "fair cut"

>>53913248

It means that Andy's theory about new demographic of Millenials rushing into the market and buying more and more real estate to feed more money into the system is wrong, because people aren't taking more debt or even refinancing the existing loans due to higher rates.
Those were commercial real estate running on short term debt, but the same thing applies. Debt is becoming too expensive for people and institutions to handle. One gigantic global real estate crash incoming over the next few years.
Sooner or later the entire market is going to take a huge shit and this may very well include PMs too, at least initially until they at some point say "fuck this clown world" and decouple.
I'm in leaning to the side of team cash gang until the next leg down in general markets has bottomed out. Might turn out it's a good idea to just stack cash towards the end of this year.

>>53913672
I need Elon to buy FM

>>53914133
Not saying andy is right but saying he is wrong because of a zerohedge article is not really convincing. I see everywhere know people just married to the idea that the GFC will happen again soon, i guess that whats happens when people binge watch george mannarino, george gammon and Robert Kiyosaki.

The big picture is sticky inflation, resilient consumers and a resilent economy.
https://twitter.com/simon_ree/status/1630867021050019840

>>53914133
>this may very well include PMs too,
there is no "may" about it. Man I love biz, its like they have a memory of a gold fish and access to no data.
>OMG muh PMS are the real money! Totally not a vehicle for speculation that comes crashing down when the entire market does.

>>53914511

Forget that some particular site wrote that article, it doesn't mean shit and I didn't even read it to be honest, I read about that somewhere else.
The fact that the debt wasn't refinanced due to rates shooting up. That's the only thing that matters.
I'm a Finn and that's a Finnish real estate company that Blackstone had invested in. We just had a bunch of articles here about Finns taking less real estate loans than they've done in years and that's because no one can afford them.
New home sales fell 80% from 5 year average and people took 41% less new loans. This is only going to get considerably worse from here.
Our real estate sector is sooner or later going to eat shit big time and same applies to all Nordic countries.
What is the situation in rest of Europe and how much has the US invested here? I have absolutely no idea and most importantly, can Euro real estate tanking drag down the US markets even if they're resilient? I guess that depends on how much money is sitting here.

>>53914699

Yes they're speculative which is precisely what makes their actions even more uncertain.
We're in a completely different situation regarding inflation than back in 08, which can very well entirely change the sentiment about PMs and how they move. If people get too spooked about inflation or market performance, they may very well start rotating into PMs sooner than later.
I do expect them to fall though, because fuck if there's any real decoupling anywhere in this market.

So what happened to silver and gold mooning? What happened to gas and oil being in crisis and a once in a lifetime opportunity? What happened to uranium being the energy answer? LMAO. Your commodity supercycle will never happen. Losers.

>>53915348
$16.50 to $21 was the moon. Maybe we'll see $30 average when QE starts again but at this point I think now we can safely say bitcoin is today's gold, boomers will seethe because they're stuck in the past.
and anyone who held oil over the past year did WAYYY better than SPY so you should get your eyes checked.

>>53915348
History proves otherwise

>>53915348
I'm waiting for Red's thoughts. If he ever says it's over, that's when it's over.

>>53915810
Who the fuck is Red? Surely it’s not Gary

>>53915348
>So what happened to silver and gold mooning?
that was 2020
>What happened to gas and oil being in crisis and a once in a lifetime opportunity?
last year
>What happened to uranium being the energy answer?
mooned 2 years ago
>LMAO. Your commodity supercycle will never happen. Losers.
it already happened. We're still waiting for /cmmg/ to notice

>>53916223
A supercycle only lasts 6 months now?

>>53916355
2020 to now is only 6 months?

>>53916397
That was not three years of gains.

>>53916988
for the whole sector?

I think the error here is thinking that commodities keep rising the whole time during a supercycle.
afaik the prices go up and then stay up for an extended period of time. Pretty much what's happening right now.

>>53914699
paper PMs crashing in price does not mean you can find physical PMs for that price

>>53915401
>I think now we can safely say bitcoin is today's gold
lol

>>53917542
what you're showing is not a super cycle, genius

>>53917644
>what you're showing is not a super cycle, genius
sure it is.

it's a textbook example of a commodities supercycle. Funny you guys don't even know what you're looking for.

2002-2015 was the last supercycle.

>>53917684
we have been seeing record numbers for exploration work over the past 3 years, multiple 100 million and more projects too across the sector. Super cycles can spike and than ebb, we have already seen this with the steep decline in new projects.

>>53917787
yep, we saw a crash in 08, a spike in 11, a dump in 11 and 12, and then plateau until 14. All in the middle of a supercycle.

Mining isn't all of commodities, and supercycles can have dips. Commodities are currently up, and have been up for years.

>>53917787
>>53917684
>>53917631
You fellas are barking up the wrong tree. They'll never learn. You can't teach em shit cuz they already know everything.
>Picrel
In other news, widespread panic is playing six nights in Texas if any anons wanna get higher than pussy for a week of Austin city limits. BBQ, beers, bitches, bat bridge, bands, bloody noses. It'll be fun

>>53917846
https://m.youtube.com/watch?v=kxc8RiNu-j0
Forgot to add this little jam from red rocks
>Ribs and whiskey make my mouth feel tight

>>53917846
I'm not tryin to teach anyone anything here, just observing the same thing you guys have been saying for years.

what happened after spring 20 looks a hell of a lot like what happened after fall 08.
if so, mining should do well. As it already has and might keep right on doing.

Day 2 of goy maxing until we moon

>>53914699
If I'd have put my entire portfolio in precious metals three years ago I would have taken a minimal hit to my networth compared to my stock approach. Really tired of explaining this to people.

>>53915810
It's not over. Fundamentals are never wrong. Market always balances. We're not wrong. This is peak clown world.

>>53917542
Thus.

>>53918668
Is tomorrow the market crash or was that canceled?

>>53910067
I wasn't endorsing a buy here, but damn, if you did buy almost anytime today then you would have instantly bagged since the last hour of trading gave bumped the SP 100%.

>>53918677
I'd be on watch for another week or so. Gary is kind of saying we're out of the woods but he hasn't quite said so outright yet. He's still saying metals are the place to be and I agree.


I'd kind of think of it like we're on "terror alert level yellow" right now. I'd give it another week or so and basically just be on watch.

>>53918720
Lol Jesus it went up 140% in a day. Still an 18m market cap? Buy? For a producing gold miner? 1moz deposit?

>>53917787
>we have already seen this with the steep decline in new projects.
I asked my MSHA instructor about the tiny class we had this year.

he informed me it's because the Henderson and Climax mines hired him to provide MSHA training on site this year. Meaning he trained about 1000 miners this year but not in my class. Fewer new hires requiring training off property, but the crew size at those 2 mines remains steady.

>>53918658
>Really tired of explaining this to people.
im really tired of explaining hindsight to people. plz kys

>>53918658

>>53917787
>>53919101
>Meaning he trained about 1000 miners this year

Which is why I asked you clear back in 2019 if you wanted to get into MSHA safety training...

my instructor charges $50 per head for an MSHA refresher which is dirt cheap. $350 for an MSHA part 48 new miner surface and underground, which is also dirt cheap.

meaning the dude made an easy $50-$100k for 3 weeks of teaching. He's retired. He's pushing 80 years old. And he makes more in a single month than most here make in a year.

>>53919184
>meaning the dude made an easy $50-$100k for 3 weeks of teaching.
if he charged the going rate he'd be making a quarter of a million dollars to over a million dollars IN A FUCKING MONTH of work for Freeport and its local contractors just training for 2 MINES.

It's an absurd opportunity, but I'm not really a miner so I'd never do it. I have a handful of hours mining underground. Not enough to be teaching other miners how to survive UG. We need real old-school hands that know their way around hazards UG.

>>53919256
>he'd be making a quarter of a million dollars to over a million dollars IN A FUCKING MONTH of work
though I guess if you jacked prices up that high they'd just hire a safety guy and do their MSHA training in-house. But even the $100k or whatever he makes for a couple weeks work is insane money for most people and a hell of a deal for Freeport and contractors like me.

also way more fun and probably far more effective than online classes. Like who learns to mine safely from the internets?

>>53917787
desu hearing his story about the time he drilled into a misfire is easily worth the $50. But he also worked mine rescue on the Sunshine mine and a few other amazing accidents and fires.

But those are the sorts of stories you know too. Fwiw I think you'd make a damn good MSHA instructor, Pan Man. You know your shit.

>>53919112
No I wanted to put my entire portfolio in metals three years ago but I let you crypto and stock faggots get to me and I took on more risk than I should have and now I'm down 50%. It's all good though because the 300% I'll make over the next two years will make up for it.

>>53919112
>>53919147
You guys don't understand what I'm saying. I'm saying a 100% physical metals portfolio would have outperformed just about every other asset on the market. IL tired of having to explain such a simple concept to people. Not here but in the wild.

>>53919376
big brains got it
Lassen nailed it
you took bigger losses but that's the only way you'll make bigger gains.
>>53917787
I'm a gypo but even I know the consistent money in the US is in safety, not mining.

but I understand you're a born miner. I am too but I sold out instead of going broke. Safety has given me the income to do prospecting and mine speculating as a hobby

>>53919112
>coins financial school
a tribe I introduced you to.
My family's tribe

>>53913160
I don't check this thread much but its nice to see that you're still around PAN MAN, you were always one of the good ones over in /pmg/. I don't know if you still do stock reccomendations but is there anything neat I should look into?

>>53914133
My whole plan since 2020 has been stacking gold and cash in equal measure because if one fails the other is likely to be usable. No regrets so far.

>>53914699
>OMG muh PMS are the real money! Totally not a vehicle for speculation that comes crashing down when the entire market does.
The market crash in 2020 was the greatest thing ever because I was able to stack so much silver at lower prices than it is now, even with the premium. I say bring it on Anon.

>>53919544
Fucking maniraptoran theropod dinosaurs.

the market crash in 2020 raised silver premiums so far above whatever happened before you guys wouldn't believe. I used to buy silver at 1% premiums for eagles.
Kids these fucking days.

>>53919544
some similarities between Tyrannosaurus rex and Gallus gallus domesticus

fully fused synsacrum
perforate acetabulum
fused tarsometatarsus
furcula
pulmonary diverticulae
pneumatic pleurocoels
pre and postzygopophyses
ascending process of the astragalus
reduction of manual and pedal digits
Antorbital fenestra
unpaired occipital condyle
reduction of cervical and caudal series
avian nonseptate lung
more than a dozen lungs
secondary loss of feathers
secondary growth of scales
expansion of the sternal series
semilunate carpal
keratinous pedal unguals
bipedal digitigrade stance

stupid chickens are just dinosaurs that can't eat you.

>>53919641
I feel like any real scientist would read this and immediately understand there's not much circulation to a cat's asshole.

or that the whole of reality can be extrapolated from a piece of fairy cake

wise men plan accordingly

>>53919112
my last bump tonight

coin's school

>>53918658
No because of premiums you're down alot more

>>53919370
>>53919376
>I made retarded decisions based on the advise of anonymous retards! It's not my fault!

I agree, kys.

$3000 gold this year

>>53918818
They only produce 10koz/y, if that. And they still haven't proven to be profitable yet, lost a lot of money last year. It's a huge gamble, it is possible of course that it's all sunshine and roses from here on out. But mgmt lost all credibility with me after last year. They were supposed to be producing at like $700 AISC and it turned out to be like 3x that, how do you fail that hard?

Bros, what's happening to natgas?

https://www.youtube.com/watch?v=vr0h3ixbf9c
is this kid the son of someone important or does he suck really good dick or what? how does he have this kind of pull on his tiny little youtube show while being a completely insufferable retard of a host?

>>53920356
Paying a 20% premium still beats being down 40% on all miners.

>>53922631

I have a feeling he just got lucky by getting Rick Rule on his show when he was on his Uranium shill campaign and that legitimized this guy and made all of the other shills come out of the woodwork.
From what I gather this guy basically made the same investments as people here by buying Ricks glowing rock bags when he shilled them at their highs, so he's a great representation of the slower retail money who thinks it's ahead of the curve, which is probably why the bigger players love him.
Easy to judge the market's behavior by having these kind of people as a metric to judge the market with and they'll do a lot of the leg work pushing the overpriced assets on even slower retail money.

>>53922945
I've grown to despise that faggot

>>53923016

Yeah he's a piece of shit and basically admitted a month or so ago that he sold his positions to the slow money, aka us, during the highs last year and is looking to add up more when the market has shit the bed within next couple of years.
Worst part is that people like that youtube host will instantly jump to the defense of his icon when someone points out in the comments that the billionaire did indeed just fuck everyone by shilling his bags at the top after doing 30x by buying couple of years earlier than everyone else.
It's a good lesson never to buy anything an offensively rich guy is shilling aggressively for the normie crowds.
If the uranium markets collapse like a rock and revisit their 2020 prices which they very well might, it'll be very interesting to see if any of these youtube pawns will wake up about how badly they got fucked by their idols.

>>53919544
thank you bud!
>>53919423
>>53919320
>>53919101
great to hear from you mate! I ve been asked before if I was interested in doing a training program like that, or helping out more often but I never thought much about it until recently. I would love and chat but i ve got a hole in my mouth from a failed filling that needs fixing asap.

>>53920996
>>53923016
Slowly, I began to hate them

>>53923658

>NEO
Sick of you chuds whining about none shilling good plays. I’ve been shilling since the price was at 14.

I've been looking at plenty of charts lately and I'm starting to see the same exact pattern in a lot of places. Decided to compare few of them.
For example here's a comparison between Salt, Nuscale, Tan and Lithium Americas. The charts are practically identical aside from the swing sizes and few deviations.

It seems like it doesn't make any fucking difference what the real finer fundamentals or strengths and weaknesses in the charts are. Only thing that seems to matter is the growth potential, which determines the swing sizes. If the company isn't absolute horseshit it will follow the same patterns when these decide to move.
Salt has the most potential by going through a buyout and has low enough of a market cap so the swings are greatest out of these.
As long as the company isn't utter dogshit, all other fundamentals can eat a dick which is perfectly in line for this clown market.
Going by this what you could do, is to just ride the hardest swinging one, in this case it being salt and when it's bought out or just hits a high with the rest of them, then quickly looking for a laggard that has same chart patterns and rotating your money into that for a very quick multiplier.
You don't even need to think about what you buy, just put it into something from the group with the same pattern that has a high volatility and you're set.
If Salt is bought out this year, I'll just look for some low market cap solar company that likes to swing hard like Sunworks and rotate every cent into that.

>>53923327

Hey PANMAN any thoughts on this financing

https://www.nxtmine.com/precious-metals/paramount-gold-details-sprott-financing-proposal/
Here's the CEOs speil for those unfamiliar

https://www.youtube.com/watch?v=-1RbVk7oR6U

>>53924194
I've read this post three times. Why not have a constant like gold as a comparison? Or is this a way of using the dollar as the constant for comparison.
Without a zero or a constant I'm having issues conceptualizing it outside of seeing the broader pattern in movements like you mentioned.
If volatility is the chaser then why not be all in on energies? Those seem to be incredibly volatile since obummer administration
Sorry for asking a stupid question but I'm a chartlet. Starting iras course this wkend since snowmaggedon is descending upon us here in the great state of Jefferson

>>53923327
Starting to suspect PM is a doozer that escaped fraggle rock

>>53922139
Correcting to its fair price of $4

>>53924784
Let it fall down sirs, I want to buy again.

>>53924703

I don't have gold there because those charts don't follow gold's movements. I actually expected them to have done so but that wasn't the case.
What I'm trying to do is simply finding similarities between different charts. Which one is the biggest player that these guys move would be the best thing to figure out.
That way we can basically just put all of these smaller charts out of our minds entirely and focus on what the big guy is doing, then finding the most volatile companies that aren't dogshit and throwing money into them.
It's about as risk free as an investment comes, as long as the small guys don't get unexpectedly fucked by some retard CEO torpedoing the company.
But even without the biggest guy there, what finding similarity between these smaller charts means is that for example anyone stressing about their salt investments going down significantly, can pretty much just rest easy knowing that it's actually business as usual all across the board between multiple players.
Now that we know this, it means we can just look for laggards in all of these same pattern following companies and then quickly rotate our money in there for the inevitable leg up that's yet to come.
Basically doing in a micro scale very quickly what we want to do on a larger scale rotating money between entire sectors like Energy,tech, PMs etc..

>>53924784
It didn't fall sirs. BOIL is mooning.

>>53924944
I see what you're doing now...I think
Combing for laggards in bullish trends?
Is that about the jist of it?

>>53920996
TWO MORE WEEEEEEEEKS!

>>53924355
>>53924743
i am kind of out of commission for a while guys, i ll pop back in when i can. This root canal has fucked me right up. Pain meds barely touch it.

>>53924993

I assume you meant "looking for laggards" instead of combining but yes.

>Invest into let's say Sunworks, wait for it to peak and do 800%
>Check which ones of these same chart following stocks haven't yet peaked.
>Rotate your money into the laggard
>Make even more on top of your first gains

The only thing you need is to know what companies have the same pattern.
There's an extremely good chance that if you find multiple companies lagging behind a bit, you were invested in a more volatile quick mover and you can now multiply your money again.
But this helps not only in bullish trends, it also helps in downturn because similarity in many stocks helps you with keeping a cool head during collapse.
Understanding that the stock price falling isn't because of fundamentals, but rather it's multiple others doing the exact same thing because of algos trading the stocks.

>>53909512
that's way too many flags in one picture.

>>53925067
Dudeweelol but seriously and concentrated CBD bro. It has antinociceptive effects in controlling our perception of pain. Single celled amebas have cannabinoid receptors. It's legal up there right? Should be cheap too.
I'll mail you some 100% CBD but idk if that'll clear the customs or not...
>>53924953
>>53924784
>Look at nat gas futures
>$4 on 1/3/23
>Boil was $14.28 on 1/3/23
>Currently $7.71
>1428-771=657

>>53925228
Betty guud
Why wouldn't this method also work across other sectors, assuming you could recognize the timing of pattern changes?
Say moving money entirely out of commodities and into energy, but also knowing when to move out of commodities as a whole and into whatever else

>>53909512

if someone brings me to japan and gives me a steady supply of japanese women i will help them repopulate

Yo thanks for the nat gas play bros. Sometimes you all come through. What's the price target on ung? Also you guys made me back my money from getting obliterated on a pump and dump. Want to see something funny? Check the 1 month graph for TOPS. It was stupid but I thought I could get in an out like I did on BBBY.

Anyways take care commodity bros

>>53925462

I'm not sure how well you can predict the moves of the very biggest players with this method, because they're usually the trend setters and follow other things that aren't in charts like geopolitics and government policies etc..
I'd say that for that kind of thing you should go with the method Andy uses of looking for ratios to figure out what's expensive and what's cheap.
Chart similarity doesn't really tell you that part, it just tells you what players are moving in unison.
But if you see the chart similarity across sectors then yeah sure why not make moves based on it.

There was a guy here who occasionally popped in and went by the name Liberty Offense. He did this chart thing with looking similarities between uranium and gold and predicted the uranium company moves really accurately.
That's where I got the idea to even look for this as I saw those samey looking charts.
https://twitter.com/LibertyOffense
He did go quiet few months ago though, showed some signs of life recently. Hope he comes back because his calls were very often on point and I liked hearing his take on things.

Athabasca reports record cash flow and lowest debt in corporate history. Announces aggressive 2023 share buyback program.


This is my number one oil stock.

https://ceo.ca/@globenewswire/athabasca-oil-announces-2022-year-end-results-reserves

>>53925374
i am having a friend pick up a prescription so I dont pull this tooth out myself. CBD might be a good idea to be honest.

>>53925067
Feel better soon dude, tooth stuff is mega gay

>>53909512
I am a white guy from Europe, 182 cm, 28 yo. If I go to Japan and try to pick up a random girl what are my chances to have sex?

>>53909512
I'm long VLO for at least the near term. Am I dumb or did I do good?

>>53926399
It's effects are amplified by the other molecules in marijuana. Called an entourage effect. You wouldn't have to sit and chief down but having an edible along with a copious amounts of CBD since you can't really OD on it

>>53924194
Are NuScales SMRs ackshully gonna be implemented and adopted?

>>53926264
Wages rising, employment rising meaning inflation gonna be sticky. Praise be his name Eric Nuttal. I've belive these companies to the left will be nice (warning OLD PIC, probably outdated now).

>>53928047
Why did he praise that BTE acquisition? I understand they had low inventory. But buying a bunch of shit in eagleford when all your investors bought you for clearwater exposure... I don't get it.

>>53927808
Absolutely anon. Just look at the nuclear facilities that currently exist and are running to maximum capacity all while being endorsed by green energy movements
It definitely won't fail

>>53927808
Without a question SMRs are the future. Only real question is when.
There's massive opposition against nuclear from the establishment, big oil and all kinds of organizations, but that can't go on forever. I wager nuclear will finally get accepted when SMR tech is finally good to go, so it could take a while.
We might see this stuff play out 10 years from now rather than in the very near future.

Whether NuScale is the one to make it is another thing entirely.
My money would be on Rolls Royce as one likely candidate to get them done, because they have the proven expertise to do these things.
But I there's plenty of room in that market for a lot of competition so who knows.
At least NuScale will be running purely on expectations for now.

>>53928560
Surely, SMRs would be able to replace gas in some processes. Image if ironically enough it gives the Green River oil shale a sufficient EROI

>tfw haven't bought because I was told about a market crash happening
If it doesn't happen at least we can toss Gary Savage in the trash along with every other supposed soothsayer.

Learning to cut your loss is just as important as the multi baggers. Seig heil

>>53928600
>>53928560
Diesel is the future. If hydrogen has any
Use we can supplement it with a lower amount of diesel to achieve similar duty cycles while having more output and less input. Maintenance is expensive so you want to keep duty cycles in mind or none of it means shit

>>53928824
Why not get rid of meteorology as well?

>>53909690
>Bayhorse Silver
I'm down 63% on this stock.
Are they ever going to start producing?

>>53929303
Two more weeks

>>53928102
Can't tell if you're being sarcastic or not. Though I do know a lot of the anti-nuclear activists are funded by big oil. Is the implication here that they'd move to nuclear, only to have the plans bamboozled by US oil?

It's over bunker hill chads. IKN has his sights on your precious zinc booty. The BHLL has run cold.

>>53929328

>>53929351
I am being sarcastic.
>Picrel
I thought I had seen something special watching two bald eagles mating ritual once while fishing on a lake years ago. Just after this pic the big male simply hopped over and fucked the littler female. No chase, nothing ritualistic, basically a quickie in the kitchen

>>53929642
They're probably just married.