/biz/ - Business & Finance

mining

Who else /SQQQ/ here while we wait for gold to bottom?

Four am piss off the porch bump

Who the fuck out this gay ass nat sock shit in the OP? Fuck outta here with that socialist shit you fucking commie nigger loving dick fiend.

Salt bros, maybe this will move us closer to a shareholder value bump from TPR

https://www.cbc.ca/news/canada/newfoundland-labrador/wind-hydrogen-projects-granted-first-stage-approval-1.6899769

>>55861744

>The government is expecting to finish the second and final round of decisions by the end of August.

Good to hear they're moving on with it at great pace.
If the companies are expected to break ground next year, this can't go on for too much longer before they're done.
I bet they'll fly through whatever environmental bullshit there is left to pull off, because they need this going fast if they want to stick to their schedule.
It's not even up for question whether TPR will be the storage company used, they're the only company who knows what they got that fits into this time frame.
Vortex won't be able to go through the drilling process in time.

To give some idea what kind of purchases happen there, Everwind Fuels, which is one of those companies talked about there, just spent a billion to buy few wind farms in the region.
https://www.environmentalleader.com/2023/07/everwind-fuels-invests-1-billion-to-purchase-3-wind-farms-in-nova-scotia/
If TPR is valued at just 1 billion, that's 270 mil for salt, which is 2x our current market cap and I bet it's going to be significantly more than that. 3 billion in TPR gives salt 810 mil cash or TPR stock.
When the news eventually come out, we could easily do multiples overnight and stay on that level.
Any real news could stretch all the way until the second half of next year though.

>>55863030
Salt fren there is big money in this, we will make it

>>55860598

>gold and silver up
>s&p500 and bitcoin down
Paradigm shift?

>>55863340
I doubt silver and gold will be allowed to rise much until the total collapse of the U.S. empire and with it, the dollar. Until that happens, which could be decades off, silver and gold prices will remain suppressed so that there can be no challenge to dollar hegemony.

https://twitter.com/newfoundgold/status/1692123329870569728

Another fantastic intercept from Newfound Gold at Keats West.
5.81 g/t Au Over 30m

>>55863681
>daily candles
9 out of the last 10 trading days red for gold, with the BRICS Summit starting Tues the 22nd I think the banksters have been sending a message the last few weeks and are saying if gold pops it's doing it from sub-$1900 instead of $1980 where it was 3 weeks ago

>>55863324
Never OP again
For any reason, on any board, on any chan

>>55864167
You dislike the greatest man in history? What are you, a communist?

>>55864207
Nigger socialists and communists are the same. Collectivism is all the same
Hang yourself

>>55864228
LOL
So you love neoliberal globalism. Okay

>>55864252
You will be physically removed

>>55864307
Ooohh. Scary!

>>55864318
Get on the helicopter

>>55864348
You're a retard.

>>55864391

https://oilprice.com/Energy/Energy-General/ExxonMobil-New-Fracking-Technology-Can-Double-Oil-Output.html
>from the article
While refracturing has never really gone mainstream, the technique is seeing higher adoption as drilling technology improves, aging oilfields erode output, and companies try to do more with less. According to a report published in the Journal of Petroleum Technology, new research from the Eagle Ford Shale in south Texas shows that refractured wells using liners are even capable of outperforming new wells despite the latter benefiting from more modern completion designs.

JPT also estimates that North Dakota's Bakken Shale straddles some 400 openhole wells capable of generating an excess of $2 billion if refractured. Mind you, that estimate is derived from oil prices at $60/bbl vs. this year's average oil price of almost $90/bbl. According to Garrett Fowler, chief operating officer for ResFrac, a refrac can be up to 40% cheaper than a new well and double or triple oil flows from aging wells.

Thinking gold & silver miners could be a buy here. Last time I bought was October last year. I only buy the indexes (GDX etc).

>>55864809
To give late thoughts on Cathedral (CET);

I wrote a whole bunch of bullshit out trying to apply cycle theory to see if it works on individual stocks or not so big grain of salt with this, but the TL;DR is I think it's pulling back to around 0.8-0.75 over the next few days where it'll then bounce and start a new run. If it can't hold 0.75ish though then things look very bad and it might be in for a date with the 200wma, but if it does manage to bounce and get above the recent high and then break 1.0 it could run anywhere up to 1.8.
Wait and see if the support holds basically.

>>55865000
With the SPX potentially brewing a bloodbath phase into an ICL and risking taking everything down with it I'd be wary buying now. Especially with that gap at 23.11. It might take some doing to get there but I'm steering clear of jumping back in until we've had a clear reversal even if it means missing the absolute bottom

Look at the GDXU computer. I am anticipating the move up so hard. Every day is so tempting to buy in already.

Also the oil move looks weak. Looking at the etfs they barely moved. The BPT I got this morning is doing well, but maybe I should cash out if oil isn't going to trend up. It looks iffy still. Hopefully the bottom is past, but I don't know. The correction was barely a thing.

>>55863681
And that's why I'm out.

>>55863919
It's all rigged. Fake.

I sold. All cash again. Decent profit, but I don't think it's oil's time.

God fucking damn it Gary spooked me into selling my puts too early.

>>55865982
He's really pissed me off these past two weeks and it's taking everything I have not to call him an asshole.

I think we have one more week of shitty behavior in metals and then I see breaking aths after that.

>>55866636
Are you like me and getting GDXU or something a little less volatile?

>>55865592
If the normies have a market crash oil is gonna dump because normies. Buy it after the crash.

Crash is basically guaranteed for September because Jewish calendar. I've been telling my girlfriend that if the market crashes in September she has to admit I'm right about the jews. She says "I wouldn't be surprised".

>>55866667

When he gives the all clear ill do gdxu. I'm trying to make money not "pay for a years subscription" bullshit.

>>55866667
Seriously though he's really pissed me off. He says the cartel is the one whipsawing people but he's the one fucking whipsawing people. You were the one I believe that said it, he put us in a leveraged position in the morning and said "all clear" and then a fucking couple hours later he was like "bail bail bail." And then I swear every God damn day he's like "posistion on" and then the next day "posistion off" and I'll make like two hundred dollars and he's like "see I made you nice gains".

And then he's completely missed this 30% move in oil.

He still the best trader on the market so I'll still follow him but he pisses me off right now and maybe it's because I'm butthurt but most of that butthurt is probably holding onto these faggot miners so long waiting for gains.

I seriously think this is it though. I think we'll be sitting on nice gains by the end of the year but the problem is that it should have fucking happened way sooner. I budgeted and planned to be sitting on a nice return by now and I'm having to cash out my portfolio to develop projects.

Entire market is fake and gay.

>>55866667
There was another user that called him out the other day and I almost jumped on the bandwagon but I don't want to get banned.

We're trying to make money. We don't get to live in an rv in Vegas and go rock climbing every day and have a million ounces in physical silver like he does.

>>55865647
One by one these guys are getting exposed as clowns. David Brady is always a retard but Don durettt was exposed to not even know how to read a financial statement.

Think about how good that bull market was that you could have these morons build their entire legacy on it. Think about how big this next bull market will be.

https://www.mining.com/web/de-beers-to-aid-employees-in-evacuation-amid-wildfires-in-canadas-northwest-territories/

Keep an eye on any projects in the Northwest Territories, the fires headed for Yellowknife are brutal.

>>55866743
You should sell all your miners and use the cash toward the etfs to sell in and out. Why hold something that might make 50% gains then at the top they announce dilution and it drops 40% by the time the news hit you. I would have rather gone back in time and made 150% gains in a year holding etfs than to hold these companies hoping one day they 50x where they instead lose 20-80% in the same time frame.

>>55861744
>>55863030
>>55863222
SALT bros, see you in glorious Japan

>>55863816
Nice! and Eric added again today!

cryptotards on suicide watch, Gold Chads on verge of historic breakout

>>55867313
I'm trying to avoid making big decisions at market bottoms.

No dying thread

quick bump, I cant wait to see what Blackwolf / Optimum Ventures are going to find at Harry near Scottie Gold.

>>55859686
why the fuck is my african tin miner down and met coal shit stocks up. I own 95% Tin.

>>55863816
The hits just keep on coming.

https://twitter.com/zerohedge/status/1692277953780928670
>CHINA EVERGRANDE FILES FOR CHAPTER 15 BANKRUPTCY IN NEW YORK

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

>tldr : watch citigroup, if they break below 40 then something big should happen

>>55867313
This. I've concluded that unless you pick one of the two winners out of two hundred losers and scams that have been discussed here over the past few years, or are swinging in and out of positions based on news releases then you simply aren't going to outpeform an ETF, and personally I find it way more interesting to look at ETF charts than to trawl through websites and news releases but that's just my preferred focus of autism.

Maybe I'm wrong/demoralized and things will change and juniors will explode, I'm still holding a couple of small "safe" plays in case, and good luck to those who haven't been shaken out, but otherwise I'm all about the ETF baby. Ideally I'll get to make money here then rotate it into speculative plays later before they take off, but if not then whatever. ETF gains are going to be enough to make it even if it takes a little longer.

>>55873059
>you simply aren't going to outpeform an ETF
In a bear market ? Yes. We have to keep in mind most of us entered post summer 2020. I dont believe a single second I'm not going to absolutely crush every ETF available.

Being down 50% when all your pick are sub 50MC in a bear market is NOTHING. Our time will come and no one will shake my faith in making it.

>>55873100
Checked and I envy and respect your resolve dude. We've been saying since /pmg/ though that even in a bull market the juniors move last. I'd rather ride a leveraged spot ETF and maybe catch some of the late movers if I can.

Owari da

>>55863681
>eternal cheapies
Uhh based?

I sold out of the poo lagoon
Might go back in in December but I'm positive that the next few months will see another 30% cut of the stock price

>>55873900
I'm bagholding US$4,400 worth down 71%. I guess if it goes below .10 I'll have to buy moar in true /cmmg/ fashion. When I see the red in my portfolio I always think of the anon here who had over 500,000 shares at US$0.39

>>55873900
>>55874098
Still hold my 21k shares. Down 70% too but that's fine. Won't average down though, too many good opportunity right now, no reason to focus on the pooh. Permit shouldn't take too long, hopefully before October. Fucking politician making a simple thing a 2 year process.

>I always think of the anon here who had over 500,000 shares at US$0.39
Bull market take no prisoner, you have to hold on during correction to make it to financial freedom.

>>55873173
Its fine, everyone has their own method of making it. I would focus on a ETF too if I wasn't a greedy bastard. As long as it work !

This /cmmg/ masterpiece was shilled at CAD$0.80.

>>55874168
huh no ? who the fuck shilled it, dont remember at all, you might be imagining things

>>55874168
don't remember that one, but you know a copper/gold explorer that was shilled here that's been quietly gaining momentum and got a big investment from a major? Inflection Resources

>>55874176
>>55874257

8:20am, Crimex open

>>55874274
>one retard asking people to buy
>cmmg pick
Yeah, exactly as I imagined.

>>55874176
>>55874257
>>55874274

>>55874296

>>55874298
Even the general guru was in on it. You're either new or you're in denial.

>>55874335
>asking for thoughts=shilling
PAN MAN discusses a million projects and never tells anyone to buy anything, so you're either trolling or a tourist/newfag. Either way, kys.

>>55874300
oh it's in fucking Colombia? I probably saw that and immediately ignored it over jurisdictional risk

>>55874335
Again, any discussion doesnt result in a shill/cmmg pick, you're just forcing things now. In fact, such discussion are very healthy, maybe people wouldn't have bought some garbage like Emerita.

>>55874364
Libero was shilled hard here. You can deny all you want, but the fact is that it is just another company in the ever expanding litany of /cmmg/ failures.

>>55874404
If thats the story in your head, fine, I honestly dont give two shit what people think of cmmg or what they buy.

Its going to turn into a shithole the moment we break 2100$ anyway.

>>55874335
Everyone knows our real guru is Gary* and he never told us to buy Libero.

*Gary Savage, currently one of the most succesful traders, both in micro and macro.
An market expert in many areas, Gary Savage is also privately very succesful in judo, bowling and weightlifting, holding mulitple world records and winning many prizes.
He offers the Smart Money Tracker subscription, where he gives daily market insights and interacts with subscribers directly on the private forums.
For the low price of $75 a month (equivalent to price of a "40lbs of Pussy and Ass" sex toy) you can effectively gain access to the life experiences and succes of Gary Savage as if they were your own.

>>55874404
Whatever you say dipshit, I truly don't care if it was or wasn't

>>55874136
On poo lagoons website they state that the decision by the government will be received on December 14th.
Im guessing they will receive their final permit but 4 months is a long time. Much can happen.

>>55874404
>/cmmg/ failures
Snowline, Fireweed, even Teck is up 4x since '20. I'm up 40% on Nicola and 30% on Goliath and 10% on Scottie

>>55874476
Nah, I mailed Rana, he said that date is the latest, they can get it before that hopefully.

20,000 meters of Scottie's drill results should start coming in soon. I believe this could end up being PAN MAN's biggest winner when it's all said and done

kek, maybe, with a little luck, this will be good for gold

>>55875396
Bitcoin is digital gold.
In the information age, this means BTC leads and gold follows.
Strap in boomers!

>>55875514
>blocks your path

>>55874300
>>55874335
The only part about Libero Copper I was interested in was their Big Red and Big Bulk properties in BC, I know people who worked around Big Red in the past. But both properties are middle of nowhere but could have potential for massive copper. Their south american projects are interesting geologically but state wise they suck. Argentina isnt too bad, but Columbia is horrible to do any exploration in. I dont recall when we last looked at them, but I dont see much happening with them over all.
There is a lot of great ground out there, too bad most junior explorers never do anything with it.

>>55874551
I am really hopeful for Scottie, but there is some very interesting new ground just south of their territory owned by another tiny junior called Harry that could have a bonanza as well.

>>55874438
Wow only $75 a month?

>>55874438
I would watch Gary if he paid me $75 a month

>>55863816
>>55867722
>>55871680

today's Crescat will probably talk about the mill deal

https://www.youtube.com/watch?v=CBnJBRpo-QU

>>55878097
we will have to wait and see how that goes. They need to come up with a plan to actually mine this resource. When i have a moment i ll look up what the local host rock is, faults and other structural crap thats critical for development work underground. I would hate to see a fantastic deposit like this end up Fubar because of ground conditions like Pure Gold.

>>55878128
NFG has had a lot of giant near surface hits, especially at Keats, much better grades than those retards in Ontario.

>>55878128
NFG has had a lot of giant near surface hits, especially at Keats, much better grades and shallower than those retards in Red Lake.

QH talking open pit for NFG.

QH the mad lad talking $70+ a share for NFG like Kirkland Lake in 2 years

https://www.youtube.com/watch?v=CBnJBRpo-QU&t=3350s

>>55878762
>captcha

>didn't even check the market at all today since all cash for now
Wow, this was liberating.

>>55873900
>>55874098
>>55874136
There will be a slaughter of a bought deal or PP, poo mader is out of cash.
Once/if they get their permit in place, they'll probably need close to their current market cap as cash to get into production safely.
I'll buy at $0.08

Went to Shasta caverns today

>>55878444
open pit would make a lot of sense for Newfound gold, go underground later for more ore 10 years down the road. Pure gold wasnt just depth though, it was width of workings and poor ground conditions as well. They budgeted for one amount of dilution, but got 2x the amount.

fyi to all watching projects or companies in Canada, wildfires are getting worse, expect more project delays. That includes oil/gas and electrical projects too.

quick evening bump!
chalcocite from NAK looks great, a desk made from that stuff would be fantastic.

>>55874384
Yeah. No niggers
Nigger free investments

>>55880018
They make good root beer too but not as good as bangs.

https://www.cruxinvestor.com/posts/lithium-junior-brunswick-exploration-makes-major-discovery-significant-upside-potential

ruh-roh

>Live Cattle

>>55859686
>>Energy
>Oil, Natural Gas, Uranium, Coal
>Coal
China is running out of coal. What implications will this have? Will prices shoot up globally as they'll import more? Will China's economic miracle end due to higher energy prices?

>>55882669
>404
Looks like someone at Crux made a whoopsie.

>>55861744
>>55863030
>>55863222
>>55867503

this should be our week Salt Chads for the FS

https://www.thearmchairtrader.com/atlas-salt-ceo-rick-labelle/

>>55883994
The American taxpayer will subsidize Chinese energy. They'll get coal cheaper than it can be mined

>>55884918
only up from here right sers?

>>55885736
TMW

>>55882669
>>55884125
Looks like someone archived the page.

https://archive.md/YNNFO

>>55887355
That's the way
Uh huh uh huh
I like it

imagine being stuck in the 1800s and investing in gold and silver kekw

>>55887651
Do I still have 4chan?

>>55860598
Based

>>55864228
>Collectivism is all the same
kek, I remember when I was 16

>MUHHHHHH HITLER!!!!
>MUHHHH GARY!!!!!!!!
> KEK I REMEBERBEING 16 HEHEHEH

So I used chatgpt and learned a bit more about the 70s inflation. Basically you have supply side and demand side growth/inflation. What happened in the 70s was a drop in demand due to high fuel prices, at which point Volcker increased interest rates to help kill off supply-side growth. In other words, he couldn't control demand, so he adjusted supply to match the pace, so as to avoid an inflationary spiral.
Now, the opposite is true; supply-side inflation is way too high, because of fuel prices and rising input costs, which producers pass onto the customers. So the real task is to either increase demand, or to kill supply

>>55888951
Too stupid to make the realization that you're just a lazy commie like every other lazy commie?
Keep telling yourself you're anything other than a worthless parasite. Won't change a thing

>>55889292
>>55888951

>>55889324
Oh wow
You have cartoons to explain your point. How compelling...

>>55889446
Nah, I got a chuckle out of >>55888951 and someone told me to make an edit out of it

>>55889292
Seems like every Saturday is argument night.

>>55889292
>thinks natsoc = communism
>enraged by memes
>projecting
Go to bed boomer

>>55889601
All socialism is exactly the same
You, a retarded child, is incapable of noticing because you only notice the uniforms and can't read above the level of koko the gorilla

>>55889654
***are***
I'm tired and sleepy

>>55889594
It's good to keep it hostile
Scares off the retards

>>55889594
It's not even Sunday when you can stay up late and check futes, it's fucking awful

>>55889292
Just because you don't like two things doesn't mean they are the same, do you realize that?
Anyone saying communism and nazism is the same has literal brain damage.
It's like saying I don't like burger or pizza, so burger and pizza are the same thing! what a simple mind.

>>55890098
You are a communist
Get over it

>>55863030
Newfag here. What's the prequisite knowledge to understand what this means?
>If TPR is valued at just 1 billion, that's 270 mil for salt, which is 2x our current market cap and I bet it's going to be significantly more than that. 3 billion in TPR gives salt 810 mil cash or TPR stock.
How does TPR market cap "give salt" anything?

>MUH HIGH IQ!!!!!!!!!!!!!
>MUH HITLER!!!!!!!!!
>MUH GARY!!!!!!
>MUH PORTFOLIO (-100%)

>>55865174
>With the SPX potentially brewing a bloodbath phase into an ICL and risking taking everything down with it I'd be wary buying now. Especially with that gap at 23.11. It might take some doing to get there but I'm steering clear of jumping back in until we've had a clear reversal even if it means missing the absolute bottom

GDX is already down like a dog and the miners do their own thing. GDX rallied hard from Nov 2008, when SPX was only halfway through its pain.

Not saying you're wrong, but anyone who claims to spot a good entry via technical analysis or macro insight is a bullshitter.

>>55866670
>If the normies have a market crash oil is gonna dump because normies. Buy it after the crash.
>Crash is basically guaranteed for September because Jewish calendar. I've been telling my girlfriend that if the market crashes in September she has to admit I'm right about the jews. She says "I wouldn't be surprised".

The order would be

1) $TLT / $EDV rallies as rates are slashed and the economy sags (Summer 2008)

2) Switch to $GDX, the miners rocket because oil is shitting the bed, enhancing miner profitability, and market participants anticipate loose money policy to aid the economy / paper over declining tax receipts (December 2008)

3) Switch to oil & non-precious metal commodity producers $XLI as the major indexes bottom out and investors look to economic recovery (March 2009)

Actually achieving all these entries & exits would be blind luck. I guess you could bet on mean reversion and do these switches when the relative TLT / GDX / XLI price ratios reach extremes.

>>55889659
It doesn't bother me at all. I used to shit up the threads plenty. Just noticing that Saturday tends to be argument night. And keeping normies out is good.

>>55889986
Yeah Saturdays suck for stocks but I usually just go to the gym.

>>55890699
Salt owns a significant chunk of tpr.

>>55891046
It's looking like we have a little more pain in the miners but it should be up after that and significantly.

>>55891087

Makes sense to me I just hate the damn bonds part. They're shit investments and the fact they fuck with gold so much pisses me off. People going into bonds should help gold because it shows people are seeking safety. Instead gold gets fucked and people are still losing to inflation.

I refuse to believe we wont have a relief rally next week, I wanna unload some position before October

>>55859686
Das KINO

quick Bornite post!

>>55894428
What's the blue stuff?

>2 DAYS

>>55894568
BRICS meeting will be a nothingburger like Basel III

>>55894462
copper ores, bornite, chalcocite, malachite, possibly tetrahedrite? Its extremely high grade copper ore.

>>55894622
possibly, I actually think we have around a 50/50 chance of an announcement of some type that causes a rise in PMs

>>55894622
>everything is a nothing burger
I just want to win one of these days

>>55894831
mushroom anon?

>>55894864
Nay, just anon.

>>55894622
Basel III hasn't been fully implemented
If you don't know what an sdr is then you don't know shit anyways

If Brics were a something burger Gary-sama would have mentioned it.

some in the green the last 1 year, sadly, I only hold 3, and small positions

bros...

>>55896751
Because of import restrictions used to strengthen the yuan, right? I suppose the gold price we see should gap up some when china goes back to normal again.

https://www.youtube.com/watch?v=ZfoXTY0324s

>You can buy now and only risk 11 cents.
>You can literally buy right now and only risk 9 cents.
>Although I’m going to suggest giving is 5 more cents just in case
He's losing it...

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1104-nyse/hl/146704-hecla-announces-lucky-friday-update.html

Hecla's Lucky Friday mine has a bit of a situation going on.

The Crimex is amazing, gold in the red for 10 of the last 11 trading days. 1 day until BRICS

>>55899215
Problem in an unused area that was under repair, no injuries, so the stock drops 10%, kek, Seems like the standard market retarded overreaction

>>55899215
>>55900721
Hecla has a dividend EX date this Thursday, it's almost as if they are trying to shake people out to pay less in dividends.

Too bad ALL uranium miner are pricing fucking 60+$ spot price, impossible to buy something cheap these day in this sector beside gold

I am praying the GDX rally sustains.

What happened here? Wasn't this shilled at some point?

>>55894864
Those look like porcine

>mushroom anon.

>>55894864
Porcini*

>>55899201
Guy was unloading on him in the comments lol. He's right though. Technically the trade is good. Everything's there.

>>55901283
Uranium stocks are still in the toilet. You could probably buy at these levels.

>>55901520
Same. I'm so done with this shit.

My gay British bank decided I don't have a loisence for US payments so I've been forcibly logged out of the SMT until I can resub next week.

Can someone give me the qrd on today's posts? I saw "Bounce into the Jackson Hole" post? which I'm assuming it's just saying that the SPX is gonna bounce into the weekend

kek

Screenshot tranny, oh ñoes!

>>55902257
>it's a 10 bagger at $100 silver!!!
Wow, silver just needs to simply do a 4x and one of Don's picks will be a 10x !!!!!!!

>>55902222
We need a group chat so any gary subs can comment amongst themselves. Like Red venting on him or in a case like this. I don't think speaking publicly will be good since I assume he wouldn't like that.

Mexican peso looking better all the time

>>55902106
Hey mushroom anon, I've been growing pleurotus and I just made up a new tank with freshly steriized substrate. Inoculated it, and it's got another contaminant fungus dominating it. The tanks is outside, which would be how the contaminant got in, but I don't have anywhere else to put it for now.

Is there some way I can save the substrate and try to put my pleurotus back in it? I am hesitant to throw It since it was a lot of work to collect the ingredients and prepare them.

>>55902584

Sounds like his multipliers are starting to mysteriously go down.
He had many which were going to do 10x at silver merely doubling.
Now it's 4x silver and 8x returns, which is such shit return you'll get the same at those silver prices, by investing into some megamajor or an ETF, over a measly 2.5 bil MC company that still carries a lot of risk.

Just FUD, or are they going to poo on BRICS?

>>55902654
Do we have any Andy subs?

>>55902806
What does Andy even offer? At least with Gary he will say we are going up/down and it happens. With Andy it was always "we are in a double bottom and will go up in 2 weeks" circa 2021.

>>55902806
>green candle bullish
>red candle bearish
>I'm just holding on guys
>you're not getting my shares
That'll be $75. For another $75 I'll teach you how you too can lose thousands on Uranium.

>>55902859
Kek
I'm just curious about his picks
He used to go over some stocks he may have owned 2 years ago

>>55902773
Who cares what the street shitters say. If a commodities based trade settlement currency is created, they'll need to use it to settle oil trades with Saudi and Russia.

>>55902859
if I pay Andy $75 will he guarantee I get a hairline like his?

>>55902865
iirc he would just share picks that he didn't review on youtube and have weekly zoom meetings about I assume TA, but given that his approach was basically "buy and hold" I don't know how useful that insight would be.

220M in debt, another losing quarter

https://ceo.ca/@newswire/santacruz-silver-reports-second-quarter-financial-results-209a1

>>55900721
yep classic market bullshit

>>55902257
He's a moron.

Pm investors are skittish because the sector is dogshit and won't move up.

>>55902654
He actually tolerates it pretty well. I thought he would go censorship nazi and remove people but this one guy was tearing into him this morning and Gary didn't ban him or anything. He engaged the dude.

>>55902691
You'll have to start over. Sterilize everything. Use a sterile knife to cut it. You can try to take a little bit of the mycelium and grow it in a small tank to make sure it's not contaminated and then once you're good you can move it to the larger tank.

>>55902853
Andy used to give his content free and its nothing spectacular. He shotguns bus every name in the sector and does minimal dd. >>55903504

>>55903504
I called that one. As soon as they didn't publish the financial report I knew something was up. David Morgan shilled that one pretty heavily.

>>55903831
Morgan and GV 's #12 retarded pick

>>55903831
>>55903880
Santacruz is barely a silver miner anyways, the fact it was on any list was a warning sign.
Always reporting silver equivalent ounces, they didn't price their zinc as zinc because silver miners trade 3x what they should be.

Gary is spooking me about my GDXU position now. I really fucking hope this shit finally goes up and not tomorrow morning we need to sell out.

https://www.mining.com/victoria-gold-returns-to-normal-operations-after-yukon-wildfire-evacuations/

Wildfires have been brutal this season up here.

>>55904104
I really think he made a perfect call today. We were all emotionally fucked but looking at technicals and the set up it really is a perfect call.

If you're really nervous just watch the stop he said on gdx and as soon as it gets hit bail. I really feel like the trade is good.

Oh and lol here's what I found out this morning. Turns out the God damn brokerage never sold me out of gdxj when he pulled us out of it last week so my posistion has been on the whole fucking time lol. Down a thousand dollars but it will all come back.

>>55904104
Here's the technicals I see he made that back up with my own experience.

Bollinger band crash. Gdx had been riding the BB down for five days. 95% of the time charts will ride the Bollinger band for only 5-7 days.

Blood bath phases. A blood bath is 5-7 days.

Gdx is extremely over sold.

It never broke below the June low which puts the trend still in tact.

Gary threw out the 4 day corollary which I don't know anything about but it's on there.

So really it was a perfect call to make the trade. He threw us a bone here. The markets are just so frustrating.

it's BRICS time frens, when's our 10x?

>>55906215
Biden is going drop a bunker buster on the South Africa meet up and then distract everyone with fake aliens.

>>55906166
>>55906176
I am so fucking nervous. For all I know we test ATH and my GDXU doubles. I am so beat down at this point I am prepared to just take like a 5% increase and "wait for the next setup" if necessary. Just as long as I don't have to come out with another loss.

>>55906215
My biggest fucking worry about that BRICS shit is that it isn't enough to convince the markets. This recent uptick in metals might be anticipation and if it doesn't shatter the planet a masive dump follows.

>>55905328
Brutal

>>55906215
>wake up, big BRICS day!
>check for crash of DXY
>DXY up .16
>check gold/silver
>both up, Gold back over $1900
>8:20AM Comex opens
>picrel

>>55907441
>at this point I am prepared to just take like a 5% increase
I know the feel, 3 yrs of this manipulation bs and I probably need $28 silver to be even

I keep slurping with 20,000m of drill result news releases starting soon, but I could be retarded

https://twitter.com/ThHappyHawaiian/status/1693999069667209495
>Well, we've finally made it. The ratio of silver miners to #silver is at long term support

>The last two times this support was hit:

>Jan 2016,

>Over the next 7 months $SILJ +390%, Silver +53%

>March 2020,

>Over the next 5 Months $SILJ +256%, Silver +156%

>>55908403
Right there with you. Fed up with the bullshit. Blackpilled as fuck. This should have paid off. We were not wrong.

>>55908944
Probably a good play. I'd buy it if I had the cash

>>55908944
How soon is soon scottiebro? This is one of the few j*niors I didn't cull for ETFs

>>55909243
>>55909349
last year the 1st results dropped on Aug 30, we should be very close

>>55909517
Appreciated

>>55909772
WAGMI

>>55909517
It has a lot of good mentions from reputable people in the industry. Kind of a sleeper.

>>55906215
It's a 3 day meeting
No gold currency will be announced lol

When is the GDX bottom? Is it in already? Should I pull the trigger?

>>55912558
It does look like GDX may well have bottomed yesterday. You can always pull the trigger and have a stop at yesterday's lows incase it hasn't

https://news.yahoo.com/two-former-jpmorgan-traders-sentenced-203924289.html

Update on these dirt bags

https://www.stockwatch.com/News/Item/Z-C!BHS-3446721/C/BHS
Horse baggies, looks like Fat G had to reprice his financing from CAD$0.02 to CAD$0.015 and is trying to pump antimony!
>Subject to approval of the TSX Venture Exchange, the Company has amended the price of its previously announced (07.10/2023) non-brokered private placement at $0.02 cent per Unit to $0.015 cents per Unit and increased the size of the placement to 8 million units for gross proceeds of $120,000.
/CMMG/ = ZERO CREDIBILITY!

Kek, all the cmmg nigger picks are financing at lower and lower prices

>>55913718
"Each ton of flotation concentration produced at its flotation mill..."
So the cowboy is straight up lying that the Payette facility is in operation producing tons of concentrate? I wonder what regulators think of that?

>>55914348
Crescat likes Lagoon

>>55914364
It's gonna be operational in two weeks

cmmg needs to buy BHLL


always prep >>55914348

Are most of anyone here holding off from purchasing heavy amounts of stocks at the moment?

The market has dipped in certain areas like finances and some consumer goods and even retail.

I'm thinking by December we see a massive dip across the board.

What are your thoughts?

Random photo of a commodity.

>>55914348
Oh god I hope my sell order from last week filled in time

https://www.mining.com/web/bhp-group-annual-profit-plunges-37-on-weak-commodity-prices/

Hey why is uranium pumping? How much higher do you think this'll go?

why are we pumping?

Gap up in GDX, breakaway gap hopefully.

GDXU sirs....we made it...

>>55918883
No comments on uranium? What's the news? Why is it pumping? Why are you guys silent on it?

Natgas bros wen moon sirs

So Gary nailed it once again. Literally to the day.

But I wanted to buy some PMs tomorrow...

>>55918887
Because of computer algorithms, cycle counts, and jews.

>>55914348

Likes them but I'm out.
Crescatt

>>55918883
Because spot is up a lot over last year and the stocks haven't reflected that. It's smart money accumulating and I expect big pumps in uranium this fall.

>>55918980
I wish I had that gdxu position lol.

>>55920459
https://twitter.com/garysavage1/status/1694150581953101935
>Pretty sure metals just completed an intermediate cycle low. Probably better get on board now while stops are still close.
Based King Gary gave us the green light

>>55920614
He called it to the day. This is why I pay him. Any other analyst is a clown. Exception Michael Oliver. Tavi Costa. Gareth slowly kinda. And the bald guy with the mustache that's all in silver and is a super doomer prepper.

>>55920700
>Exception Michael Oliver.
Once we break out, I intend to buy his sub and maybe share here when its important. Not doing it now since I'm a poor wageslave so I would rather buy miner for now.

WAGMI brothers.

>>55920614
Forgive me Gary, for I have leveraged

>>55920700
Analysts tiers.

Top tier (follow to make money)

Gary savage. (Trading)
Eb tucker (macro)
Bill Holter (macro)
Michael Oliver (trading)
Francis hunt (trading)
Michael Pento (trading)

Good/decent/ok/meh tier (maybe make money or be informatively entertained)

Rick rule (the dungeon elf riddle master)
Patrick Karim (charts)
Lyn alden (portfolio and gender management)
Ray dalio (macro)
Doomberg (macro)
Quentin hennigh (geologist)
Bob Moriarty (macro/ story time)
Steve Penny (charts)


Buffoon tier
David hunter (total moron)
David Brady (it will go down then go up)
Chris vermuellen (idiot)

>>55920769
Rick Rule as a counter indicator to know which bags he's dumping, right?

>>55920788
Yes and to receive quests and riddles.

Someone post the pic.

>>55920788
>>55920798

>>55920818
Ah yes!

Riddle me this adventure!

Say one were to suppose that 80% of the world's energy came from a single source? We move beyond the needs of oil and into the glowing green rock!

A mighty quest awaits you! Silver treasures await but only for those brave enough to grab it.

Isn't it sad how I can't even be happy because I keep thinking they are going to go into overdrive to shut it down and the dump will be so red and violent that I somehow still end up with a loss? I solemnly swear I am selling 300 GDXU if we hit $40 just so I can clear my debts. I will not get greedy and try riding it all up to $60-70. I need to hold myself to this promise.

>>55920769
Oh yeah and Don durett! Total moron!

>>55920905
You're just black pulled. Don't worry just chill. How you feel now is how you feel now. You'll feel differently when that time comes and make the best decision at the time with the information available.

Mushrooms from this morning

>>55920926
You're right man. My emotions are in control right now. I need to just calm down and wait for logic to regain control. I'm just so beaten down is all.

>>55920989
I'm definitely going to want to purchase some mushroom if we make it. The mushrooms will be filled with the salvation from misery the last three years have caused.

>>55859686
I'm pretty sure this thread now holds the record for longest active thread on biz.

>>55921090
We've had 8+ day old bread before I'm pretty sure but this is definitely one of the longer ones

>>55908944
>>55909349
>>55909517
>>55910148

>>55921090
>>55921112
I could've destroyed the thread in a matter of hours, but I held off because OP specifically asked me to.

he's kinda a pussy, can't handle ideas he disagrees with. I let him be the pussy he was born to be. The world needs intellectual cowards to change our tires and mine our coal.

>>55921066
I was where you're at last week. I'm better now.

You're sitting in a gdxu posiistion right? I wish I had one instead of gdxj

>>55920769
Francis Hunt sounds like he is based but I would not follow his investment advice. If you listened to him and bought calls on first majestic a year ago, you lost your money. Same with SILJ. I never took those trades myself but I listened to him for a while and watched things play out, he gets a lot wrong.

>>55921756
kek I wasn't expecting the thread to last long given how it started.

I also wasn't expecting to catch the near-bottom in a 3xGDX but here we are. Prob a bit too early to celebrate that though, we still need one more green day for GDX to confirm the 4 day corollary/rule, so I'll just marvel at the thread age for now.

>>55921856
>I was where you're at last week. I'm better now.
literally ITT lol that's how slow we're going. Glad you've cheered up man. We might actually be making it.

>>55922016
you know me.
I like to get people all riled up and then walk away. Like bending a paperclip until it breaks.

>>55921856
I do, but that's kind of a reason I am nervous. It would be great to just hold it and do nothing and then sell at the top, but its like holding bomb that might go off on me if something goes wrong. If it hits 35 I will feel way more relaxed. Right now it still isn't high enough for me to not be worried in case of some terrible 10% down day.

it would be nice to have a CMMG thread without the spergs 1 autism point away from tripfagging shitting everywhere.

Lion One brothers, first gold pour supposedly Oct 10th (Fiji day)
Wagmi

>>55922526
you had 8 days

fuckin morons banging their bank accounts with dragon dildos and no lube

thank god it's comfy tho

>>55921996
Francis hunt names the jew.

>>55923631
Historically that's when you bail. Just letting you know.

>>55924300
You're probably right unfortunately.

BRICS getting bigger

> The bloc of emerging countries - the Brics - will announce the expansion of the alliance to five more countries, with the possibility of a sixth member in the coming years. The decision began to be worked out on Tuesday night, when the presidents of China, Russia, South Africa, India and Brazil gathered for a retreat to discuss the enlargement of the bloc. The summit with the presence of Luiz Inácio Lula da Silva (PT) is scheduled to end on Thursday.

>A draft of the final statement, obtained by UOL and exclusively revealed, indicates that the names have already been defined:

- Saudi Arabia
- Egypt
- Iran
- UAE
- Argentina

>>55924291
>Francis hunt names the jew.
the biggest error here is following investors that agree politically with you

money has no politics, religion, morality, or ideology.
which is why most here can never be comfortable with it, or friends with it

>>55924898
>Iran
What a fucking joke. Did you write this trash yourself?

>>55925465
it's all a joke

US is the biggest customer of BRICS
if US refuses to play along, BRICS dies.
of course US will refuse to play along.

>>55925465
>>55925480
they're asking politely to replace the US dollar with a new currency that benefits them and robs power from the US

they have no power, they are begging for it

power cannot be given, or begged for. The US cannot give up the power of the dollar, it must be taken. And BRICS doesn't have the power to take it.

>>55925504
BRICS seeks to avoid the threat of US sanctions by preemptively sanctioning themselves.

but we already know what happens to countries sanctioned by the US. Ask Iran or Nord Korea or Russia. They fuckin starve until they overthrow their dear leader. Every time. BRICS is a suicide pact because not one of them has a monopoly.

>>55925519
>BRICS is a suicide pact because not one of them has a monopoly.
and every one of them relies on the US dollar for their economy. Joining together to abandon their biggest customer doesn't make them self-sufficient. It makes them noble and stupid. And capitalism requires the noble and stupid, so they're just playing US games when they try to outnegotiate the US.

>>55925536
competition is the heart of capitalism, and BRICS has NEVER seriously competed with the US and likely never will.

>>55925541
imagine if all the poos on /biz/ stopped programming and scamming and investing in the US and instead tried that in their own country.

without the US to feed off of, those people would literally be murdered for the parasites they are.

they're not competition for the dollar, they have no clients outside the dollar.

>>55925608
same with china and SA and russia

without the US they have no customers and no victims. They will all die. Killed by their own governments for trying to scam their own people. They are scam countries feeding off boomers in the US.

nothing more or less.
parasites on the US pretending to declare independence from the US.

>>55925633
/pmg/ and /cmmg/ love them for trying to bring back gold and silver

that makes sense. You hate the dollar, they hate the dollar, bring back gold and silver

but they're going to fuckin fail because the dollar beat gold and silver a hundred years back. Beat it so bad it willl probably never return.

true facts. They suck. Get used to them.

>>55925649
the dollar beat gold and silver because it can be inflated, not in spite of it

you guys complain that inflation is evil, but it's the fucking reason the dollar is preferred. Everyone is making money off the falling dollar. They don't want gold or silver because those can't be inflated.

idiots here don't understand that and can't make money so they prefer BRICS. It's fine, you'll die broke and so will BRICS nations.

>>55925672
the things BRICS and /cmmg/ see as evil
ARE THE REASON THE DOLLAR RULES

Keep calling it evil, it will keep ruling over you.

>>55925677
can't afford to survive on your salary? surely it's because the dollar is evil, not because you're a fool that didn't understand inflation and how to get rich off it.

yay BRICS. Yay zoomers. You're both broke and soon to be living in a cardboard box.

>>55925684
or maybe you bought silver and gold and mining stock hoping to get rich off the falling dollar

you got tricked. Real estate in the desirable parts of the US are going up 1000 times faster than gold or silver or mining stock

and even that's not the best place to park your money. Ask where people from BRICS countries are investing. They know

they're not investing in BRICS countries, that's for damn sure.

>>55925718
chinese are buying land in hawaii, california, new york, colorado, new mexico

same with most BRICS countries. The governments buy gold and silver. The smart people buy US equity. Because even the people in government know the government is going to fail.

>>55925733
BRICS is a sham. That's fine, shams are good for negotiating.

but don't park your money in a sham. Even the people pulling the sham aren't that dumb

>>55925745
>don't park your money in a sham. Even the people pulling the sham aren't that dumb
or do it

most of you suck ass and don't deserve success. But this shit is an obvious trick and unless you're fuckin retarded you shouldn't fall for it.

but then if you didn't fall for the trick you wouldn't be here, no? How many of you bought bayhorse? How many gonna support BRICS? C'mon guys, you're not that dumb.

>>55925794
basell III? the great reset? what other stupid shit has talked you into buying worthless mining stocks?

even PAN MAN with his innocent enthusiasm is just talking you into burning literal cash on fantasmagorical prospects.

I love talking ore and geo and mining an process, but that's NOT a reason for you fools to dump money into it. Neither is BRICS you fuckin morons.

>>55925812
the dollar might fall and gold and silver rise

but if that happens miners will all die because they get paid in dollars, not gold and silver

this should be obvious. time will tell
2008 already told

>>55925822
in oh eight the dollar crashed completely

miners didn't switch to a metals trade.

they shut down because they need dollars, not trade. You park your money in a company that will simply cease to exist if your fantasy comes true? Good work and good luck.

>>55925841
dollar crashes, gold and silver rise

miners all go bankrupt because they deal in dollars, not gold or silver.

easy math.

BRICS nations get it but pretend not to.

>>55925852
>BRICS nations get it but pretend not to.
would be like buying russian mining stock right before it gets sanctioned and delisted

which most of you fools did.

might as well buy BBYQ

>>55925865
>which most of you fools did.
this is a cult thread

fucking morons following the crowd into bankruptcy and ignominy

nothing wrong with bankruptcy and ignominy, but do it on your own instead of with a group of other idiots.

Hey dude, you sure have a lot of opinions on BRICS. way to shit up the thread. Is "BRICS" the new triggering keyword?

>>55925889
not an argument

I seek truth and money

you have offered neither

>>55925889
>>55925920
>I seek truth and money
well that's not really true

I seek truth, money, and pussy

but you still haven't offered any

>>55925889
let's imagine you're investing your money for a reason, and your reason is wrong.

should someone tell you?

even if it means "shitting up a thread?"

I shit up lots of threads. People that read my shit make more money than people that don't.

assuming they have nothing else going on. I mean if you're an NBA allstar and you read my posts they're not going to matter much. But if you're counting on gold, silver, or mining stock to get rich you're going to find out I'm right eventually

>>55925672
You don't understand purchasing power.

>>55925944
>if you're counting on gold, silver, or mining stock to get rich you're going to find out I'm right eventually
any boomer is

we all tried that

we know why you kids are going to fail. We already tried it. It's not going to work. If you get rich it'll be off something you weren't expecting. Maybe raspberry jam or something.
something you absolutely weren't expecting

>>55925955
>You don't understand purchasing power.
and if you show up on my door step I"ll paint your brains on my garage door.

give it up red, I was richer at 30 than you'll probably ever be. I understand purchasing power just fine.

>>55925955
purchasing power only matters to the consumer class

not the wealthy.
we get rich off your diminished purchasing power

that's literally the whole point. Poor people hate inflation. Rich people love it. Position yourself accordingly.

>>55925955
if your purchasing power goes DOWN 20% while my real assets go UP 1000%

i didn't GAIN 1000%
I gained 1000% TIMES 120%

SIMPLE MATH MY FUCKIN BROTHER

FINANCE

LEARN IT.

>>55926006
this is the reason millennials and zoomers are priced out of existence

they don't understand purchasing power.
Or where to buy it.

or how to fuck chicks that make moneys

>>55926006
>if your purchasing power goes DOWN 20% while my real assets go UP 1000%
but if my real assets go up 1000%
your purchasing power went down by far more than 20%

right?

because MY REAL ASSETS GOING UP
is the same thing as
YOUR PURCHASING POWER GOING DOWN

>>55926037
>because MY REAL ASSETS GOING UP
>is the same thing as
>YOUR PURCHASING POWER GOING DOWN

Conversely if your purchasing power goes down,
mine goes up

>>55926052
>Conversely if your purchasing power goes down,
>mine goes up
this is the trick to getting rich

hold assets that go up while other people's purchasing power goes down

I recommend land and houses

you guys prefer mining stock

I already know who wins that contest, and if you've been paying attention you should too
my land and houses have outperformed /cmmg/ by orders of magnitude

Take your meds

>>55926068
>my land and houses have outperformed /cmmg/ by orders of magnitude
very simply

I have made millions sitting on US real estate in the same time you guys have lost thousands.

compare and contrast at your leisure.

Holy shit, he has been going on for two hours already, what drives somebody to spend their time doing something like this.

>>55926072
>Take your meds
good advice except I'm rich, and when you're crazy and rich they don't really consider you crazy

you do your own calculations

I disagree with you so I must be crazy

but I employ faggots like you so maybe I'm ok

>>55926090
Lack of meds, clearly.

>>55926090
>what drives somebody to spend their time doing something like this.
I like to explain transient phenomena to shit-flinging monkeys to see if they respond

thank you for your response

10 more responses wins you the stuffed unicorn

it's so fluffy I could die

>>55926116
It has to be, no sane person would waste their time doing something like this.

>>55926116
>Lack of meds, clearly.
they don't medicate millionaires

because they know you're wrong, not me.

even if we're both crazy
my crazy makes money, your crazy makes nothing

>>55926121
>no sane person would waste their time doing something like this.
sanity is relative

broke is absolute

>>55926121
>waste their time
several people here are NOT a waste of time

you are a wast of time
and a wast of flesh

but others here are worthy people deserving good things

just not you. You suck.

>He's bragging about being rich on an anonymous image board

>>55926148
that's not bragging, that's telling the regulars who I am

everyone else here already knows who the rich guy is. You are a newfag for thinking I'm bragging.

>>55926148
pardon my cynicism but people like you beg me for jobs all day every day

or ask to suck my cock
or lick my asshole

so it's hard to take you very seriously, even if you're not for sale. Most people have a price. You strike me as being like most people

>>55926194
>Most people have a price.
a bit generous

I'd say ALL PEOPLE have a price except for the insane

>>55926214
>ALL PEOPLE have a price
it's not a high price

I could buy everyone here for less than $100k US

BRICS be damned

>>55926218
>I could buy everyone here for less than $100k US
and given the population censuses in these threads I could easily afford to hire every one of you.

just not sure why the fuck I would

>>55926218
>I could buy everyone here for less than $100k US
before taxes and insurance of course

millionaires didn't get to be millionaires ignoring labor costs

bump limit gone

OP can come work for me

fucking stupid nazi, but if he has an MSHA card I'll hire his ignant ass

>>55926232
>fucking stupid nazi, but if he has an MSHA card I'll hire his ignant ass
$30/hr tho
no union, no pay

>>55926242
$30/hr is a joke

If I pay you $30 I'm charging your work at $180

>>55926247
>If I pay you $30 I'm charging your work at $180
after taxes and insurance your $30 costs me $60 so I pocket $120 for every $30 you make

OP thinks he won with pics of Hitler

OP is the eternal loser.

>>55926247
>f I pay you $30 I'm charging your work at $180
and I'd bet most here know it's true.

>>55926265
OP is fucking dick cheese

he will always have his beliefs
he will never have his money

>>55926268
love hitler, pay my boss $120 per hour

fair trade

>>55926277
millionaires don't give a fuck about hitler and don't give a fuck about OP

OP is the cheese I carve sculptures out of.
dick cheese sculptures
that is capitalism

the machine you want to get rich off but don't understand

if you think OP is worth a shit for his morals or anger you will never get rich. Hitler is dead meat, OP is too.

>>55926287
money doesn't give a flying fuck about your politics

having the longest lasting thread on /biz/ just means you have the very least to offer

it's not a bragging point, and I can destroy OP in hours if not faster.

want to invest in miners, be my guest. But most of the shit here is absolutely retarded. Like OP

>>55926342
Where's OP?
somebody needs to bake?

stupid little cocksucker disappears right when mommy needs him to lick some twat

give me my fuckin thread, OP!
Worthless little faggot

>>55926393
fresh: >>55926401

>>55926407
excellent

I will now ignore your thread for 8 days before stepping in and single-handedly destroying it because wtf are you guys even doing running 2 week long threads?

Based Bob taking the ol' dog out back and putting a bullet in it to end its suffering. It's the merciful thing to do