/biz/ - Business & Finance

>>57854977
Latest vid from Michael Oliver.
https://youtu.be/kHht4LKVkUE?si=fF1dhPE1HThNSMmu

Holders, what are your positions?

Gold is at all time highs. Silver and miners are still in the dumps. Why?

>>57855127
IAUX & BTG
Market is sleeping on I-80 here

>>57855156
There are a few miners on the up and coming

>>57854406
ARX, but if I had more cash I'd also own some other natty stocks, namely TPZ, TOU, and SDE
>>57855157
i-80 is the one with the flooded open pit no?

Metals Investor Forum is dumping some info. Should probably check it out.

https://youtube.com/@MetalsInvestorForum?si=sZ61SUI1AY_rvqdL

wagmi

>>57855127
XOM, WHC, BTG

>>57855127
Anons…WAGMI

>>57855794
Wheat corn and oats are getting cheap close to a bottom IMO, have some bets on farmland because I don't play futures.

>>57855945
>all those bayhorse bags
anon... I...
>in the green
fucking sell and buy a real company

>>57856126
>>57855945
Graeme will deliver the porphyry

>>57856126
>>57856230
https://jaycurrie.substack.com/p/now-do-magnetics-bayhorse-silver

>>57856126
This comment proves the bayhorse haters don't know how to change their opinions when information changes. Ngmi

Wish this DXY would stop recovering.

>portfolio up 23.5% since the 28th feb
I'm willing to believe it was the bottom, the rebound is violent. Feel very good. Can't wait for my miner to truly enter bullmarket mode.

Typical that the all time high comes before any project were interested in can do anything on the ground to make positive news!

>>57856029
Agris are definitely in buying zones. Land is more dependent on interest rates, higher for longer doesn't mix well with it

BHS Chads are going to be the new /biz/ elite shortly.

>>57856707
Nutrien might be in a buy zone as a long term hold

>>57856707
>Land is more dependent on interest rates, higher for longer doesn't mix well with it
Farmland isn't that levered up and it depends on the crop prices. Higher prices more demand higher rents higher farmland prices.

>>57855127
100% Benton Resources

>>57855945
I generally (rightfully) look down on anyone still holding bayhorse bags at this point but I've watched you since the beginning anon and I am genuinely glad to see you in the green. I hope you make it.

>>57857423
Thanks anon. appreciate you.

Well It's not happening after all... I guess we're back to dumping another year.

>>57857982
Yes sell now goy there is no breakout and bull trend forming after over a decade of consolidation

>>57858235
I'm not saying sell, all I'm saying is I won't be in Japan in two weeks.

Love you guys
wagmi

>>57858292
Some of my juniors are up 15-30% today, but the majors shat the bed for some reason.

>>57853583
Kek, join the club. TD froze me out of trading RSX at $5.61 and then just removed all the value all together. I somehow still get $150 in RSX dividends paid a year, so just 28 more years until that virtual black hole gets paved over. This is bullshit since Blackrock was able to buy LukOil after the war broke out.

Hopefully our miner gains will ease the pain..

Nice bottom find on the miner formerly known as Vangold

>>57859353
>This is bullshit since Blackrock was able to buy LukOil
Wait I only thought they bought Polymetal?

Really exciting day today in the steel market.

HRC touched 784 this morning, then bounced back to 798. I think this mainly was due to downward pressure on the DXY, but we should be entering the bottom phase here if my charts hold up. Now while steel hasn't hit the support line in terms of dollars, it HAS hit support in terms of HRC/gold! I imagine in the dollar moves into a downward phase steel might get a tailwind.

>>57856316
They still aren't producing any silver.

>>57856316
>change their opinions when information changes
Explain to me in detail what the information changes are.

>>57860348
Two more weeks

>>57859758
Yea it was one of those Russian equities. Either way, it’s bullshit that we were froze out while the big boys were buying in the cheap behind closed doors

>>57858348
Agnico, Dundee and Endeavour did well today though. Just focus on the good majors

>>57859758
>>57861402
I own 800 bucks, last I heard, of Polymetal. It now sits in my Fidelity account as some number that I can't access. It was a tail risk, I probably lost that money.

>https://www.youtube.com/watch?v=eKTdgnlaXUA
For you gold lovers, something to lighten the mood

Heart of gold by Neil Young as covered by widespread panic. I miss these guys. Seen em about 4-500 times all over the fucking country

>>57862469
You can get a Kazakh brokerage account and transfer it over to make it accessible again

Too lazy to do that for my holdings though (it's only 100 shares anyway)

>>57862508
I saw the length of the vid and I’m thinking “now how did they turn a 4 minute song into a 13 minute song?” But it’s two songs lol.

We’re all mining for hearts of gold here at /CMMG/

>>57855127
Green. Looking forward to 2000% and $1. Neighsayers BTFO

>>57855127
Forgot PIC REL

>>57855127
We made it bros. We made it bankruptcy. Thank you silver anon for all of your expert DD

I may do it. I may jump to working strictly in a metallurgical coal mine just for the sense of future job security.
So many coal-fired plants are scheduled to shut down in the next few years that many coal miners working today will be out of a job soon if these shutdowns come about.
I'm sick of working in a dying industry and hearing about layoffs. So for this reason, and for a person one related to family, there is a certain met coal mine I might apply to and have a serious shot at getting hired at.

>>57862469
Same with me, got Norilsk $200 for 2 or 3 years now, frozen

>>57854977
EU morning bump. Let's all get cozy and wait for 25 & 2150.
Captcha confirms: no longer 2 more weeks

>>57866691
Nice, Silver really needs to get to $30. Miners hopefully hit the bottom. They need to catch up a lot for all time highs in gold.

>>57865921
A big part of this consideration, I must admit, is not just my declining morale when it comes to the future of thermal coal in America -- which is definitely part of it. I just can't get answers as to why the coal industry isn't doing more to establish export relations with Asia and elsewhere.

The other big part of this decision is one of my nearest and dearest has cancer. She was, just today, taken off chemo and all treatments that attempt to cure it. Now she's down to palliative care. She's basically considered terminal and how much time she has is anyone's guess.

She loves me and wants me around more often. As it is, I do maintenance mining, traveling to different mines on projects.
With this met coal opportunity, I would work a regular shift at one mine, in one location, and be home everyday.
This would be the world to her. I love her deeply -- it's my mother, and who I am is owed so much to her -- and want her to be as happy and comforted as possible in whatever time she has left.

So I am strongly considering this career shift. This met coal mine I would work for exports to many countries, but largely to Japan for making some of the world's highest quality steel. That's something I could be really proud of, since I love taking pride in my work -- I need it, in fact, for my own sanity. Back before I got into mining I did warehousing and hated every day of it. LOL
Respect your industry, finding it valuable, and knowing it makes a difference can be so important to one's moral and mental wellbeing.
So this possible career shift is very much in play.
Just an FYI for anyone interested.

SALT bros (not me), look at that candle

>>57861550
>Just focus on the good majors
I do AEM was up like 3%, but closed 1.5% up.

>South Africa’s economy narrowly escaped a technical recession in the fourth quarter as fewer rotational power cuts helped mining and other energy-intensive industries rebound.

>>57868584
I need SBSW to hit 10 cents.

>>57868594
Doubt that will happen.

>>57868612
That is why it will happen.

>>57864693
>We made it bros. We made it bankruptcy. Thank you silver anon for all of your expert DD
Trash posts like this are why I stopped posting or frequenting /cmmg/

>>57864693
>We made it bros. We made it bankruptcy. Thank you silver anon for all of your expert DD
Trash posts like this are why I stopped posting in and visiting /cmmg/

I'm highly annoyed with trollish retards who disrupt valuable information being exchanged with their shitty memes. Class clowns wasting our time.

>>57869040
Silver Jew that u?

>>57855636
SALT did a 20% moon the moment I bitched about it being a dead project on the last thread, topkek

>>57855636
>>57868281
>>57869151
with the deposit they have and the new team's experience SALT has a great chance to be successful

>>57869251
Looks like the SALTchuddies of /cmmg/ are really assembling now. I'm actually very proud of it being my biggest hold now, I'm actually pretty sure the time of the great SALTening will come before the commodity supercycle you guys have been banging on about for years.

>>57855156
Token not needed.

>>57869276
>proud of SALT being biggest holding while metals are WAGMIing
The Dane is laughing in his grave

>>57869151

It's a nice climb, but be careful for getting too high on the hopium.
This is a little jump from submitting the EA and catching some attention, but there's really zero reason for Salt to go anywhere in the near future aside from a spontaneous buyout.
Nothing has changed with it yet and EA being submitted or even passing means nothing.
I bet there's a bunch of pumpers making use of this to cause a bit of a fomo on the hopes of the price turning, and then they'll end up screwing whoever gets in at the top of the pump.
Tale as old as time with the juniors.
I have a lot of faith in Salt making it, but time frame wise this is way too early for it to do anything for any reason other than a looming buyout.

The eight year cycle is over.
https://youtu.be/2_t990SjigA?si=O7EBu9JGKnN7eMAl

Go down, DXY, go down.

>>57868771
Two more weeks.

JP to get drilled by congress in a bit:
https://www.youtube.com/watch?v=xy7ICmAOsxQ

cute dog video while you wait:
https://www.youtube.com/watch?v=Pr6F7xXuPQs

Japan immediate! Get in here boys!

Fucking unsettled cash man sold some stocks yesterday (up 2% today) to buy another stock which had a selloff yesterday (up 17% today). FUCK!

>Palladium
Holy shit.

>>57872047
Platinum also gearing up for a potential move up maybe

>>57872432
Yup could go to 1k in the short term. Damn I wish they dropped to $700, that would have been a steal. Oh well I already have my PGM positions.

>>57871914
My next pay day is end of next week. Feeling a bit anxious but the market doesn't care about my feelings so I'll just wait. Might sell some non-PM positions just to ape more into gold and silver.

>>57869251
>>57869151
>>57869276
>>57869392
Let's go

what do i buy

Agris got fucked today.
Wouldn't mind wheat futures to kiss 500 or lower

>>57874027
A bi-weekly calendar

bumpitty bump

GOCO= GO METALS
THe best nickel prosect in Canada at this time will be the biggest rags to riches story of 2024

BIG funds looking at GOCO AT PDAC
One BIG fund already making a deal word on the street

I'm suddenly in the green on everything. Is this what it feels like to break even?

>>57875130
Is it going to dollar town?

>>57875130
Man are you fucking kidding me, it's this pumping and dumping kike again

MONSTER DEPOSIT best Nickel Copper Play of 2024 coming up = GOCO

>>57875221
Try 10 GOCO=BIG PAYDAY!!!!!!!!!!!

>>57875274
Try salivating on deez nuts

>>57875274
Kill yourself

>>57875303
Your going to miss out on a 100 bagger trying to get in cheaper ;))))))
GOCO got the goods

>>57875223
why do they reuse them? surely there's plenty of shitty juniors they can cycle through to at least keep us on our toes

>>57875397
If it ain't broke, don't fix it. There's plenty of gambling degenerates who fall for RocketRed scams on CEOca

Shorts, penny flippers and crooked algos can try but they wont keep GOCO down for long Your all going to be sorry you didn get in now before the storm

>>57875397
>>57875423
Kek.

>>57875443
>>57875423
>>57875397
it really is pathetic that this NIGGER comes here trying to desperately offload his pump & dump scams onto us. Just goes to show how fucked his portfolio is if he has to try and shill to the most broke corner of the market. Nobody will fall for it but he has no other option than to keep pestering us in the hopes that somebody takes the bait.

Aha I see why he came here today. He needs to get his shilling fix from somewhere!

>>57875697
>>57875742
that faggot better not be here for 7 days, he should get an instant ban

>>57875697
>it really is pathetic that this NIGGER comes here trying to desperately offload his pump & dump scams onto us.
Yup I agree.

>>57875742
Kek clasic.

bum

Slowly then suddenly

>>57876573
the Canadian shares are down -11.4% THOUGH

>>57876802
>down on 3000$ volume on the TSX

Benton resources interview with Steve Stares

https://www.youtube.com/watch?v=qxhDTptsX8Q

>>57870388
You think a long CAD short USD pair would be nice right now?

>>57877897
Not an expert and I'm mostly watching the dollar in terms of the euro, yuan, rupee, and pound because of the steel and scrap markets (weaker dollar tends to raise steel prices). The DXY hit its upper support and now seems to be retracing to lower (around 101.50 if it makes it there). Today the MXN, INR, EUR, and GBP all gained on the dollar. Only the Yuan dropped a bit, off their news of their stimulus bonds. Looking at the CAD chart, it looks like it is losing to the dollar a bit, short term. See attached meme lines, maybe retracing to 0.72?

I think/hope that the dollar will weaken a bit short term because people still think the Fed is going to cut rates despite the data being rather sticky.

>>57874034
For someone who doesn't dabble in futures, what would you recommend for someone wanting to hop in farmland/agri?

>>57878484
John Deere or Nutrien maybe?

>>57878484
LAND, MOS, NTR.

>>57878629
>>57878673
Thanks, I'll do some dd.

Bamp

>>57878629
>>57878762
Nutrien looks pretty solid. I'm looking at opening a position in it soonish

Panama doesnt know how to find funds to close down First Quantum's copper mine.

https://www.mining.com/web/closure-of-first-quantums-panama-mine-seen-around-800m-minister-says/

Last year my CC declined Gary for some reason and I had to resub, thankfully he didn't have his current rule implemented and I rejoined in a matter of minutes. Him warning he is closing out until the next ICL makes me pray it doesn't happen again. How many Gary bros are even left? I occasionally see people bitch about him here at most.

>>57881173
they'll come back to First Quantum with their tails between their legs, begging them to reopen it. But they'll just give them a slap on the wrist to save face.

>>57881368
First Quantum took Panama to international arbitration so i think we will end up seeing the mine start back up again.

Now that the market has more or less found a bottom, I think it's time for me to buy African producers. I've started looking at them again and goodness some of them are trading at like 2-3x EBITDA while having strong balance sheets, big resources and reserves, and growth on top of all that. Of course I have my Endeavour shares but I recently also bought back into Orezone and I'm now beginning to think Perseus and West African Resources simply have to be in my portfolio as well.

>>57881886
Africa will at some point in this century be the world's growth engine, much as China and other parts of Asia are that engine today.
Later this century, Africans will comprise 40+ percent of the world population. The fastest growing economies are largely in Africa, though they are starting from the bottom and it'll take another generation before countries like Nigeria, Ethiopia, and DRC are truly significant economic players. Africa will have a young population for quite some time as they go through their Demographic Transition that modernity/industrialization brings.

Africa is also a trove of resources. I'm not sure if they're the greatest buy nowadays, but in the future, definitely, there will be a lot of investment in Africa.

And I am not too worried about the IQ issue with Africans. Many have much better morals than our degenerated African-American population in the U.S. And industrialization doesn't require a really high IQ if you're talking about extracting raw resources and farming. Sure, space exploration does, but becoming a major exporter doesn't.

I lived in Ethiopia for a bit 20 years ago. Even then they had pharmaceutical and cement factories and managed them decently. I just wish the US would export thermal coal to Africa to give us more of a market for our product. Coal is the best fuel for early industrialization due to its simplicity of use, storage, shipping etc.

>>57881970
>And I am not too worried about the IQ issue with Africans. Many have much better morals than our degenerated African-American population in the U.S. And industrialization doesn't require a really high IQ if you're talking about extracting raw resources and farming
great point and honestly I think they're plenty smart enough to know that supporting mining companies is a net benefit. Aside from the terrorist factions, rogue warlords and dictators Africans are a heartful bunch and as you say not as morally degenerated as Afro-Americans. They're also not so prideful and retarded to nationalize and shut down or protest mines and shoot themselves in the foot nearly as frequently as South Americans. Africans are clawing their way out of poverty like SEA has been doing for the past few decades, they know cooperation is key. I love investing in African mining

>>57882362
>I love investing in African mining
Africa can have quite a bright future if it plays its cards right. They have a wealth of natural resources and could also manufacture many items for export. Labor is quite inexpensive, but the thing it, a miner in Africa working for a Western company can afford a modern house, land, and have lifetime security for himself and his family.
And absolutely, Africans won't be protesting mining projects coming to their area. They'd welcome the wealth that those jobs bring. I just can't see why South Americans are so retarded in this way -- it must be mind poisoning by noxious NGOs and their history of socialism which has led to an acceptance of some rabid forms of environmentalism.

I've lived in Africa. They naturally understand market economies, like in the big merchant bazaars. They're not naturally socialistic people, even though they are communal and even the urbanites still have recent rural roots and ties. People not far from the farm tend to make good, honest workers. Africa has plenty of them.

>>57882494
Africans are also young. Their population structure is great for growing economies. Lots of strong hands and legs and a desire to improve.

There is one South American gold miner I'm also thinking of buying though, it's called Aris. Similarly to the African miners I mentioned previously they're also making good money, they have a strong balance sheet, they have big resources and reserves, and they have growth coming along. Although of course because they're in South America they're apparently facing some opposition for their development projects. Fucking football commies

>>57882555
The population structure of Africa is great for investment and should remain that way for another half century or so. I have read, though, that new industrializers are going through the Demographic Transition faster than, say, Europe and the USA did when we industrialized. So even by the end of this century Africa is expected to have the same sorts of problems that early developers have now: not enough young people and lots of older people.
This is one of the reasons there is so much investment in robotics and automation. The "masters of the universe" know that the population pyramid will invert, the world over, in this century.

Is it for real this time?

Company webpage: https://greenxmetals.com/

Many key people involved in this company are also involved in Sovereign Metals company that last year received investment from Rio Tinto. RIo Tinto is also no stranger to investing in Greenland.

VIDEO
---------
Presentation of company from Autumn in English:
https://www.youtube.com/watch?v=PoTk9ym98Bo

Arbitration with Poland:
==================
https://investmentpolicy.unctad.org/investment-dispute-settlement/cases/1104/prairie-v-poland

Damages of up to £737 million (A$1.3 billion/PLN 4.0 billion) have been claimed including the assessed value of GreenX's lost profits and damages related to both the Jan Karski and Debiensko coal mining projects, and accrued interest related to any damages

In July 2020, the Company announced it had executed the Litigation Funding Agreement (LFA) for US$12.3 million with Litigation Capital Management (LCM). The LFA is a limited recourse loan with LCM that is on a "no win - no fee" basis.

LCM won crushing majority of cases it was involved in
Their web page: https://lcmfinance.com/about-us/about-lcm/

MINING PROJECTS IN GREENLAND
=============================

ARC Project
-----------------
5,774km2 licence prospective for copper and silver

+1kg native copper and silver (~99%Cu), extensive indications of regional fertility yet almost no prior exploration.

+Sulphide-hosted mineralisation of 2.15% Cu, 35.5g/t Ag over 4.5 m true width.

on Greenfields Explorations web page
https://www.gexpl.com/arc-project
on GreenX Metalspage:
https://greenxmetals.com/arc-project/

technical assessment:
https://www.gexpl.com/s/ARC_TechnicalAssessment_201118.pdf
mentions potential for Nickel and Platinum Metal Elements presence there

Eleonore North Project
-------------------------------
1,221km2 licence prospective for gold, antimony and tungsten

https://www.gexpl.com/eleonore-north

Seismic analysis results scheduled to be published in March

>>57881571
In short, easy money?

>>57883143

>>57876573
I just doubled my IRV holdings at 40c, I hear they are in talks to sell some properties in Hokkaido province soon, so that means less likelyhood of dilutions

>>57881173
This is a fucking shame for the workers and industry, but also a nice tailwind for copper spot. It’s been tame compared to gold as of late, but it’s spiked 20 cents since last month

>>57881173
Are you into >>57883143 ? They have much more advanced arbitration plus new large projects to drill

>>57881970
I know a guy making bank in Nigeria in off-shore petroleum, there’s definitely resources out there to create an energy independence on that front. Lots of untapped offshore areas in Angola etc that have yet to be explored.

>>57883159
Keep in mind arbitrations can take up to few years

>>57883207
Getting permitting for any kind of major exploration work in Greenland has become an absolute nightmare, so good luck to this company wanting to explore there. It may be a fantastic discovery, the ice is leaving fast, but Greenlands government have gone completely anti exploration in the last few years, so i dont think this will get very far.

>>57883252
the "black earth" they mention peaks my interest though, thats likely all ground down heavy metallic elements from nearby host rock, which will probably assay out with incredible results, but again, trying to bring a project to market from Greenland lately seems to be a near impossibility. They wont let western style diamond drill rigs operate for example, they want all drill slimes contained and zero impact from drilling left behind over all.

>>57881970
Sometimes their IQ is a concern. I work with quite a few Sudanese, Eritreans etc and done of them are so fucking dumb. Like I’ll have to explain simple procedural things in plain English dozens of times to them before they catch on and implement it. The one guy I work directly with still puts his fingers shockingly close to pinch points between 2 ton concrete panels as I lower them down on a overhead crane. He’ll also get distracted and stand right in the path of the panels as they move around. He’s been better recently but god it was a painstaking task having to train him. Not all of them are like that but I’ve seen enough to make general observations.

>>57883252
There is no people living there and no sheeps to cry about by farmers. Anyway arbitration is now main motor and it's not valued to match claim. As for exploration - it's based on historic data from Denmark archives.

>>57883252
We’ve brought up Greenland a few times here over the years. They banned most (all?) uranium mining and also I believe Bill Gates is involved with Bezos on a mining project, it might be the GreenX one

>>57883292
interesting, i ll have a look more in the morning, its neat terrain for sure, but again i would be concerned about getting any further with this company other than basic drilling.
It would be incredibly fun to explore all that new open ground thawing away up there.

>>57883322
bingo, they also confiscated one of the best non asian ruby discoveries made in modern times. A crew of explorers found a massive gem pegmatite while looking for gold and reported it. When they went to get the drilling rights, the gov said they hadnt found gold, so couldnt claim the gem stone discovery.

>>57883322
Bezos and Gates are invested into different project, on western shore. GreenX is NE and East

>>57883335
They are going for shallow deposits as far as I understand. As for GreenX there were almost "pure" copper samples on the surface.

On Eleonore North they did seismic stuff (data in analysis).

So they seem to have tactical approach to the whole thing. Time will tell if successful.

>>57883284
I've worked with Africans too, back when I did logistics for warehouses. It's a very mixed bag. They can typically do simple tasks, but back in Africa, what I am thinking is for major infrastructure projects that pay Africans enough to live very well, employers should be choosy and pick the best.
Africans still mine over two miles deep for gold in South Africa, so some of their technicians and machine operators must know their stuff.

>>57883406
And if worse comes to worse, we can always send Whites, Asians, and even Hispanics or Arabs out to supervise the Africans in Africa's mines and other heavy industry.

>>57883403
Oh its that company, the one that got attention because Bezos and Gates were involved. Its odd that those two would invest in a place like greenland, when there are far easier properties and projects to work with in North America and Asia.

>>57883423
Bezos and Gates invest in Kobold on West coast.
I don't find it strange as with known history Greenland have potential for big shallow deposits - stuff that we mined out in Europe and Americas. There was no one to do the same there yet. But they have a lot of cash in general, so they can take a risk for enormous potential.

>>57883143
I love Sovereign Metals and it's my biggest position but I don't really want to touch legal stuff, and Greenland right now is one of the few places where I don't want to deploy any capital alongside South Africa and a few other select shitholes. Greenland has to sort itself out on whether they support mining or not.

>>57883525
>Greenland has to sort itself out on whether they support mining or not.

Bull market in metals can potentially help a lot in sorting that out if they are serious about independence from Denmark.

>>57883504
i am not debating that Greenland has incredible mineral potential, but they have a very hostile to industry government right now, and in the west that usually means developing a project isnt a possibility without extreme risk. I will for sure investigate the company further, but i would suggest anyone looking to invest be extremely leary.

>>57883554
Certainly! But I'm not comfortable with Greenland as a destination for my hard earned money right now, and the market is pretty chock full of cheap equities with very asymmetrical risk/reward propositions (like Sovereign Metals for instance)

>>57883583
Speculators around that stock are concentrated on arbitration with Poland. Greenland is not yet a topic of big attention to them. They see arbitration as attractive as PiS was the most incompetent government we had in recent few decades. Interest rates on top of claim are also interesting potential.

>>57883653
well I also don't speculate on legal issues as stated. Tried that before, not worth the headache and takes forever too. Legal speculation is not for me but I respect the art. Not that I need to speculate much in such a cheap market anyways

>>57883696
We are waiting for verdict currently. Yes, there is risk. I'm not calling you to invest anyway, I just presented a company I find interesting. Talking about companies that interest us is fine and good for sector. We don't exchange opinions when remaining silent.

>>57883750
I hope to see more ideas from you in the future then mate! I share mine here too, not that I'm calling anybody to invest but I want everybody to be aware of the opportunities. Nobody likes cunts who only flaunt their gains, but establishing a track record and seeing what works together as a group is healthy

As we are on the topic of arbitration - First Majestic VS Mexico https://www.italaw.com/cases/8382

>>57883944
First Majestic has been wiping the floor with Mexican govt on this iirc.

>>57883959
Well what government of Mexico was demanding does not look too rational to me. Would be interesting to see the outcome in the future.

>>57883095
Yes, two weeks have finally passed.

What do you guys think about Hycroft? That's a loooot of land.

Hi guys. Just placed a sell order for my physical gold which should bring in 120k€ over the next week. I feel kind of apprehensive about going through with it since gold is finally moving up. But the plan is to put it in mining stocks and gain much more than I could keeping it in physical gold.

They told me to come here to learn more.

Hope it will work out for us and we will all make a pretty penny

guys?

>>57884397
Welcome, fren.
I wish I could give you some juicy stock picks, but the best way to invest, it seems, is to wait for a Big Crash like 2008 or 2020 and buy stocks at pennies on the dollar.
The guaranteed bailouts nowadays can turn a $10,000 investment into half a million or better.

>>57884473
A lot of analysts are calling a recession in late 2024

>>57883165
Did the same around 33-34, my 3rd biggest position now behind FDR and CPAU

>>57884397
Selling all of your gold? I would at least keep a portion of your savings in gold. My portfolio is like 15% physical gold, as a simple low risk asset in case of a rainy day.

Anyways I would recommend putting a part of your portfolio in producers thta are already profitable and cash flowing and that have a good history of not being shit. Like Agnico Eagle, B2Gold, Endeavour Mining or Kinross (though Kinross has some poor acquisitions behind them). These companies also tend to pay divvies and do buybacks, they're a good foundation for a precious metals portfolio. Royalty companies work too but they're expensive and probably better if we're in a bear cycle. As for silver there are a few producers like Silvercrest, MAG, PAAS and First Majestic which you should consider as part of your silver holdings. Silver can make big moves and even the lower risk producers can make big moves. Then there's the juniors, lots of them to choose from and many are speculative but the sector is so badly beaten down that the downside risk seems pretty low.

>>57884132
>>57884398
not sure, the names come up a few times in the past i think. I ll check in tomorrow when i have a moment.

>>57854977
The price non-green fags are willing to pay for such weakness.
>Lose half of your health
>Draw a card

Well done. I've been hitting you with this since turn 3.

>>57884495
I hope it's a big one.
If there's a big recession -- hopefully a crash -- then consider Alpha Metallurgical Resources. It did something like a 140x increase in about three to and a half years after the 2020 crash.

Steelmaking coal is not going anywhere. And if America wants to rebuild its infrastructure or "go green," then a huge quantity of steel will be needed.

>>57884397
I'm the anon from the other thread that brought you here.
You made the right choice and you're probably going to make a lot of money if you play your cards right.

>since gold is finally moving up
Check the price of gold over the past 80 years or so. It always has massive bull markets, crabs for several years then has another massive bull market and repeat.
They are not going to stop printing money and gold is going a lot higher.

I would put that money in like 10 different juniors, or if you want to play it safe just buy the GDXJ. Majors(well established miners) will also go up but not as much as juniors.
I recommend Benton Resources but there's plenty of other good juniors out there.

>>57884495
>A lot of analysts are calling a recession in late 2024
Good, that means the fed is going to print like crazy, making gold more valuable.

>>57884982
>You made the right choice

I hope so. I mean I really doubt physical gold is going to 2x anytime soon. They make a lot of noise about gold going up but it is just a few percentages really

Also it would make sense that even if physical gold doubles, that would make the producers topline also double

>>57855127
GROY, BHLL and GOLD. I'm simply too risky adverse to go full retard into a handful of juniors I know nothing about.

>>57885382
I always intuitively understood the way to make money with gold is with miners. I don't know why there's so many people on /pmg/ thinking they're going to become insanely rich with gold and silver.
They'll make money, sure, but it's going to take a long time.
By the time gold doubles, miners will have made a 20x.

>>57885396
Exactly.

>>57884397
>>57885440
miners are a midwit trap

>>57885440
>I don't know why there's so many people on /pmg/ thinking they're going to become insanely rich with gold and silver.
I was deluded too. I was believing the same old stories which were new for me at the time where the shills claim 3000 gold by end of year

50% zero risk return in a year you say? Buy!

Meteoric Resources and Sovereign Metals trading strongly in the Aussie session, looking like they really want to begin trending higher. Chalice Mining which I don't own but another anon has was up 9% and is clearly trending up. Strong moves in commodity stocks outside of gold

https://www.youtube.com/watch?v=lAl4usQja_w

Umm did the people that smack down the gold price die or go on vacation? Gold isn't supposed to just go up... When are they going to bring it down so we can cope about cheapies?

>>57884397
>>57884684
I'd go with mostly quality like AEM and some GDX. If gold stalls, or reverses, at least you'll get dividends and get paid to wait.

Next, I'd consider ones that are the top buyout targets in low-risk jurisdictions that have already proven a lot, like SGD and NFG.

SCOT and GOT would round out my list with smaller positions.

Don't go all-in with all your cash, KEEP DRY POWDER ready in a high-interest account you can move over quickly when needed.

>>57884397
>>57884684
Staying 15% physical gold, one ounce coins, is excellent timeless advice. That is diamond-hands, never selling, wealth building strategy. Right now you want to be 50-70% in treasuries (t-bills, notes) because the market will correct and you want liquidity to buy inexpensive stocks. I've been frustrated by gold mining and oil stock performance over tge last three years, everyone is. Gold will stay up and the miners won't move until the Fed announces the first rate cut. The miners will drop with everything else in a market sell-off but will recover much sooner and start to blast off. Expect a possible 20-30% drop in price from here during that sell-off. So for now build cash but buy miners at a rate of 5% of your investments. Hard to stay disciplined, and I've been extremely overweight miners for years, but also keep an eye out for shipping stock and energy to buy when the market drops. Get a watchlist now, build cash and fucking stay disciplined, your multi-generational buying opportunity is only a few months to a year away so you need to build liquidity. Pay attention, the billionaires are selling since last month. Retail is buying, institutions are selling. So don't go all-in, stay in treasuries for now and have your watchlist / shopping list ready.

>>57886853
It is hard to stay disciplined when these equities are so fucking cheap right now, so for all intents and purposes I'm all in and on basically adding from every pay check I get. I know I'm probably not timing the exact bottom but we're getting close enough. Gold making new highs is what made me do this, now the question of sentiment and trend change in the miners is only a matter of time.

>>57886605

They'll probably let dollar close that gap at $102.410 and then start pumping it and slamming gold.

>>57877897
No. Dollar will still beat most other fiat currencies. Yen and swiss franc as a pair trade to dollar short, MAYBE. Idk

>>57883252
It is like they WANT to be poor and depressed

>>57884719
>3 green land
>5/4
>Can't be blocked by 2 or less attack creatures.
What the fuck is this bullshit lmfao.

>>57885382
>I hope so.
You hope so? Do you know what you're investing in? Have you gone through the companies in the sector? Have you picked the companies you're going to put your money in?

>premarket spikes on gold miners
awww, sweet

>>57888563
I mean I wouldn't refer tp 1-2% gains as spikes, but sure.

>>57888668
what?

>>57888563
all gaps must fill sorry goldchud

I think steel may be reversing and the stocks seem to be bouncing off a support. I put in 2500 between NUE and STLD. I’m still a rookie so just dipping my toes in. We shall see how it goes.


I hope the DXY keeps falling.

I took a big long position on Aris today. It's great check it out.

>>57886605
nothing suspicious here

>>57889144
>0.07%

>>57889226
I agree fren it could have been a lot worse than a $16 smash.

Some of the better gold producers like AEM that are already profitable are printing money at $2100+. The Q1 news releases will be fun to read with yuge profits and dividends possibly going up.

>>57889144
rebounding

>>57889144
tiny drop, ans besides after such a big runup it certainly wouldn't be surprising nor suspicious to see a pullback anyways

>>57888736
Nevermind.

>(((expert says)))

https://www.cnbc.com/2024/03/06/what-the-gold-rally-means-for-investors.html

>>57889776
Trust the experts. Stop being such a chud.

>>57889776
>https://www.cnbc.com/2024/03/06/what-the-gold-rally-means-for-investors.html
>>57890556
>Trust the experts. Stop being such a chud.
That article is owning itself. I can't remember the exact figures, but as the article recognizes, gold is a hedge against an economic 'shtf scenario'. If gold 'goes up' that means society is ''going down'.

Consequently it's typically advised that a healthy portfolio consist of at least 2% holdings in gold. Most agree this is correct. If we look at the current portfolio allocations of the world, however, we will see that the average allocation of gold per portfolio is well under 1%. Point being, gold is undervalued, as the people of the world don't own as much of it as they need to in order to 'protect' themselves—and the world is quite literally in deep 'trouble' on multiple fronts.

>>57891499
>If we look at the current portfolio allocations of the world, however, we will see that the average allocation of gold per portfolio is well under 1%.
isn't it 0.25%.?

>>57855127
>GPRK
>GNK
>TRMD
>BORR
>NVGS

>>57891596
According to Rick yeah. But the "average" probably consists of a few bigger gold owners and a lot of portfolios with zero gold at all. I'd bet if I was to make a simple survey or ask random people on the street, 990/1,000 would say they own no gold bullion (jewellery doesn't count)

>>57891596
>>57891499
>"ONE HALF OF ONE PERCENT RIGHT NOW, IF WE REVERT TO THE MEAN THEN WHICH IS 2 PERCENT..."

>2170 Gold
>Gold major down
What the fuck do people need to understand its a bullmarket ? 2500 ?

>>57892629

Maybe even more than that.
There's a global ponzi bubble going on with tech and miner sentiment has been absolute dogshit for few years now.
The last thing some big pension fund is going to do, is to drop billions into miners when these guys want to make profit in the short term.
It's entirely possible the miners continue to eat shit even with gold going up, which is exactly what has been happening with that sector for a good while now.
The recent track record is simply so horrible that no one wants to be the first big player to get into the miner game.

>>57892629
Bitcoin is moving $2500 a day in either direction. a $10 move in gold is B O R I N G

>>57878484
DBA or the equivalent of other ETF providers. Larrys Agribusiness looks juicy
>>57878673
meh. NTRs financials look bad, and the sheets spell long way down. MOS looks like its falling over a cliff, financial don't look great but okayish

>>57892629
I mean if NEM can lose money at $2000, who's to say they won't lose money at $2150.

>>57892629
nothing goes up in a straight line. The market needs time.

>>57881247
I follow his youtube and twitter but i dont pay for his service

>>57892629
One more intermediate cycle

>>57892890
Not another 8 year cycle low please.

>>57892585
I can hear his voice.
I don't care if he's trying to get me to buy his bags, I like his style.

>>57889144
>Can't Make Money General: "It's only suspicious when we're wrong!"

>>57893456
Say that again in two weeks time.

>>57893456
we're not wrong we're just really early okay???

>>57893756
this but in two weeks

I'm beginning to doubt the plan... Guess I'll trust you guys and wait two more weeks.

>>57894468
Have faith fren. Look what was just trending on X (formally known as twitter kek).

>>57895104
wow

>>57895104
fuck that's bearish

>>57895104
Ummm... Is this real? Did I buy the top?

>>57895104
>it's over

>>57895138
>>57895145
>>57895151
you fools

>>57895169
It's fake right?

>>57895295
it's real. Gold mentions almost at 300k, crypto is at over 1 million mentions by comparison. Looks like a good setup for a pullback

>>57895295
It's real, but if you actually read the posts, most of them have nothing to do with gold and are just regular tweets, many don't even have the word gold in them.

>>57895387
then why is it even trending

>>57895387
So you are saying that space Karen is manipulating?

>>57895138
>>57895145
>>57895151
Think on a swivel anons, the sun has yet to even rise over precious metals. This is only the beginning.

>>57895412
looks like they're mentioning the word "gold" but not really referring to the financial asset

>>57895463
A good opportunity to make an X post with 'gold' in it, share some DD for the normies

>>57895412
>>57895422
fintwit tends to use "cashtags" - putting $ in front of a ticker. So if you actually wanted tweets about gold, you'd search for $gold instead, and that would be the trending tag if people were really discussing it in a financial context.

>>57895508
fuck no.

Head and shoulders on the DXY?

>>57895778
>ta on forex

When I make it I'm just going to hold the shiny rock and let it's value continue to go up. Hopefully the mining sector turns and we can get the gains we need to make it.

>>57895778
when people sell dollars and buy gold does the DXY go down? Or only when they sell dollars and buy other country's currencies?

>>57895880
>Hopefully the mining sector turns
It's inevitable. We are early.
Sentiment can turn any day now.

>>57895880
When I make it ideally I want to buy cheap equities outside of commodities and just ride on the dividends and growth. Gold is for safety, it'll probably have its day in the sun in the near future but it's not for gains in the longer term.

>>57895944
>When I make it ideally I want to buy cheap equities outside of commodities and just ride on the dividends and growth
This is my plan too. I was planning on buying a rental property but I came to realize it's too much of a hassle and the government fucks you in the ass.

>>57895836
teach me, i'm new.

>>57895900
from what I can tell, DXY going down helps the price of gold in dollars. Basically, takes more dollars to buy the gold, hence the price in dollars goes up. It's not perfect, but if you chart it, there is for sure some correlation. See attached.

This is also true for a lot of other commodities.

Someone support my bitcoin article plz, https://stacker.news/items/455231

>>57897169
YOU PICKED THE WRONG GENERAL, FOOL

>>57897169
Bitcoin "mining" isn't real mining, brother.

>>57898398
amen

>>57898569
Awesome image. He just needs a little dirt on his hard hat. :)
An image of bitcoins coming out of a longwall shear would be hilarious.

>>57895989
TA on forex is great, I made a post on /smg/ about it.

>>57897324
https://www.youtube.com/watch?v=Lvq0t0eQOG4&list=PLPqWQo6-TXfHyC12MRHK5doA5oUeGwpkV&index=2

There are hundreds of hours of videos here and it's a very structured, risk-averse way of trading it. At the very least, watch the big banks video I just linked since forex is fundamentally a very different asset class to anything else.

TA is bullshit, financial astrology.
No "technician" could have predicted picrel.

>>57899829
Humor me; what was the ticker and timeframe?

>>57899829
>>57900049
smells like SSR Mining

>>57900507
>>57900049
I was trying to look at gold charts in the meantime. I know it's a cheap answer, but with my current TA setup, I wouldn't have been in the trade. For me, price has to cross and close above/below the red/blue line and also have the orange line be on the same side (but doesn't necessarily have to move past it, but it shows strength in that direction). There also needs to be a white dot below, and a recent MACD crossover and inversing the "Unusual SD" indicator also helps.

Mining CEO Of The Year 2023 winners are Agnico Eagle Mines’ Al-Joundi and Snowline Gold’s Scott Berdahl

https://www.youtube.com/watch?v=8lY2WdZOAHEhood

>>57900546
Here's the weekly chart on my system. I trade the daily charts and use TA for trend trading. This is different from investing and holding long term for obvious reasons. I probably wouldn't have been in this to begin with (long or short). There are better, more liquid things for me to trade. In the course of a year, it would've had two small wins, one small loss, and a 12.5% win on the account. Because it was a volatile ticker, you scale back your exposure, which means on a $10k account you'd only be exposed to $1.3k (to accept a 2% risk at worst)
The actual win would've been even less because you'd sell half and scale out one you hit TP levels, which woudl've been halfway to the big candle

>>57900711
And I forgot my pic

Marshall County Coal Mine and Ohio County Coal Mine, both in the northern panhandle of West Virginia, are scaling back their workforces and laying off. These are "Murray Mines" -- today called ACNR.
Thermal coal is doomed. That's why I'm attempting this transfer into met coal.

I mentioned the other day that the leaders of the coal industry let 50% of their American business vaporize while doing nothing effective against the trend and the reaction was awkward, like I shouldn't be criticizing higher leadership.
Yes, I know individual companies have to cope individually, and there are industry advocates, but I asked point blank why there hasn't been an effort to sell more coal to Asia -- or even to sell the concept, to the public and the government, of America selling coal to Asia. No one had an answer.
I think thermal coal is basically doomed in the United States. If you look at the roster of coming power plant shutdowns, most coal plants I've seen will be done within a decade, many within 3-5 years.
I heard one guy say that exports are going to be big when things get bad enough. That's wishful thinking as far as I'm concerned. How bad do things have to get, when the industry has declined 50% in 15 years? It's already a disaster.
Others put their faith in Trump. But Trump didn't lift a finger to help out the coal industry during his term; the gas-conversion of the electric grid continued full blast under him. Why assume it'll be different this time? Does a president even have much power to influence which fuel source a nation prefers or decides to export?
I have to admit, my morale is in the toilet. I cashed out my stocks recently and loaded up on gold, silver, and some platinum. I also have cash. I'm thinking of hanging it up for a while, going into at least temporary retirement, and just watching from the sidelines.
There is obviously no coordinated plan to try to save American thermal coal because there is no basis for coordinating such a plan, which would require cooperation across the industry's big players, the government, and probably also the media.

I don't know.

>>57901417
Also, my mother has terminal cancer now and my family are very close. One of her doctors is recommending home hospice care, which means he suspects she's under six months to live. That's weighing on my outlook, since the only people who really "get" me and whom I "get" too are my family.

>>57855156
Buy silver, the time is now

>>57901398
Marshall County Coal (formerly McElroy) and Ohio County Coal (formerly called Shoemaker) are two of the biggest thermal coal mines in the USA. They are giants.

>>57901398
>>57901417
The writing has been on the wall for so long. Natgas is just so abundant in NA, and it's so much cheaper to build natgas fired plants. They even have much smaller surface footprint. The only downside is that it's a just-in-time fuel that can't be stored. Coal should at least be a part of the energy mix but looking at the thermal coal industry as a whole it seems the only way to save some of it would be to export more, to Asia and Africa. Met coal at least still has a bright future for what it's worth. Smart move getting into precious metals, I'd also get some of the miners.
>>57901435
Look into fenbendazole coalbro. I'm not saying it's necessarily a silver bullet but I've read lots of first hand experiences from people online saying they or their loved ones were able to defeat cancer while taking fenbendazole. Some were able to defeat stage four cancer allegedly and astound their oncologists who wouldn't recommend it. If the cancer is considered terminal it might not hurt to try... chemotherapy isn't exactly healthy for the body either. I don't want to give you false hope but I'd at least check it out. Wishing you all the best in these trying times
https://youtu.be/QzAHTRS-AQU?si=UeQcgq3eYv6I-RXA
Check out this Joe Rogan clip and take some time to read the comments. All I'm saying is if it's got very few side effects and a chance of working, might be worth it to try. Also diet matters and it boggles the mind that doctors don't inform patients to avoid carbs and sugars when they have cancer -- keto diet and vitamins may be of some help, but probably not enough alone

>>57901435
>terminal cancer
Look into fasting and the autophagy that occurs. Not to get hopes up, but there have been a number of cases now that doctors have declared terminal who did regular multi-day fasts (safely of course) and then went into remission. Yes fasting is difficult but dying is worse. The human body has not just evolved to deal with long periods of not eating, but actively depend upon it. We need breaks in digestion to prioritze cell repair over cell reproduction and cancer is cell reproduction gone awry.

Gold keeps running up with no brakes in sight. Thing of beauty

>>57902095
>>57902989
Thanks, frens
I have a shot at a big met coal mine next month. Have a good chance of getting hired but the competition is fierce.
Also, I will do all I can for my mother. I owe so much of what I am to her and my father, and I like who I am, which is one of the greatest successes a person can have, or at least I think so.
I will look into those suggestions.
It's great how caring this community is.

>>57902095
Also, yes, I think some thermal coal should be kept in the mix just in case the just in time system fails, which it does frequently, in fact.
So maybe 25% coal-fired, 50% gas, and 25% nuclear.
I wouldn't even mind getting rid of some of the big electricity-producing dams for environmental reasons. Use gas, coal, and nuclear in their stead.
The only good reason for a dam nowadays is to control water supply, not to make electricity, which has so many other potential sources.

>>57903119
Hope it helps in some way fren

Having looked into the ailments of more and more people in my life as I and they get older, from cancer to traumatic injury recovery to fucking Lyme's, it's frankly staggering the amount of times the solution or best path to relief is simply to fast.

Good luck.

>>57903213
Monkey hugs for you too, fren
Will suggest the fasting. I do it too, though often just do to lack of time to eat lol

>>57903360
*just due to lack of time

>>57903213
If I get this job at the met coal mine, it won't be a traveling job like I have now. It'll be a set shift, home everyday. I'll be moving my mom with me so she can spend what time she has left with me around her everyday -- we are very close -- and she loves the beauty and seclusion of Appalachia anyway.

So what's the catch. We've been going up all week with no pull back. They know that they are supposed to smack it down. I've heard that now that the government is printing money and have huge deficits people are funneling money into assets. Also chinks might be trying to get their money into gold.

>>57903853
the catch is that this is the first leg up and all calls for a pullback will be rejected and the market will be playing catch up

>>57903853

I bet it's insiders predicting some huge cataclysm like a big bank failure and are running into gold by the masses.
Or it's an extremely jewish trap to erode faith into gold, by luring everyone in with fomo and then letting dollar shoots to some record high out of nowhere.

>>57903937
>erode faith
>by making new all time highs

>>57903853
>>57903875
ECB wanted to lower rates which had an effect on bond prices. Currency inverses equities and gold; USD weakened and everything shot up. Is this a meltup?

Alternatively, the schizo top is March 25th.
>full moon
>total ecilpse
>jewish holiday on the sat/sunday before

>>57903360
>Will suggest the fasting
DYODD on it first ofc just so that you know enough to have a bit more of a convincing pitch, if you don't already. I obviously don't know your mother but I generally find suggestions with a bit of knowledge of mechanism better compels people, especially for difficult practices. People will rarely try something like a three-day fast of only water and electrolytes without inspiration or reassurance of how to do it safely, even when it's life and death.

>>57903517
I hope you get the job Coalbro. Sounds like she's lucky to have you around, and to be in a place like Appalachia.

>>57898680
Thanks, yeah I'm hoping it breaks that neckline and drops and we see a nice commodity bump.

>>57900546
Where is the best place to start learning TA?

>>57903134
What's wrong with hydro? There's methane too. It isn't a huge source of power, but it's greater than 1%.

>>57903951
He's talking about a potential trap, where gold is allowed to reach new highs, people pile in, then the rug is pulled, to teach would be future gold investors a lesson and keep the greenback strong.
I have no idea if this is the case, but it's not outside the realm of possibility in our sleazy financial system.
I will sit on my precious metals regardless.

>>57904002
that kind of "trap" is pure fantasy as is the whole cucked demoralized manipulation narrative. New ATHs are bullish.

>>57903997
The only cases where I'd be against hydro would be where it disrupts fish populations in some big way. Most hydro is probably fine.
I just think we have better sources of energy than hydro, ones less disruptive of the environment.
But that only applies in certain cases. Many dams are pretty harmless.

>>57903853
>So what's the catch
The catch is that people are demoralized, shaken, conditioned after years of crabbing and dumping to expect it to continue forever. Flinching like battered wives, many are expecting another dump so they are out of their positions, or even shorting the pump.

They will all be left behind. 2400 Gold soon.

>>57904020
you understand. not many do. the miners showcase the sentiment best in my view, there's some optimism brewing but we're still in very early stages and sentiment in general is fearful and doubtful

>>57904058
Absolutely. I only frequent here and papa Gary's sub so I have to remind myself that sentiment outside of these places is still incredibly bearish in the face of ATHs, but even still we have such bearishness here despite /cmmg/ being one of the most consistently commodity-bullish places there is, relatively at least. Normies still have no idea.

>webm
Saved

wew

>gold

>>57905013
>2190.25
Boring.
Bitcoin does this in a day.

>>57905066
>he doesn't know
I don't think things could get any more bullish for us goldchads, this is literally the big one

>>57905013
This is getting to antisemitic...

Which one of you did this?
>>57895075

>>57906094
I think both belong in a portfolio

>gold hanging out at ATH again and cmmg on page 10

>My oil stocks with 2-5P/E are crabbing/dumping while AMD with 1000P/E is going up everyday.
I will never understand who buys this shit lmfao. I don't even feel fomo or anything, I'm comfortable with the stocks I have, but It's just stupid a pretty stupid market if you ask me.

Crazy how gold is hitting all time highs, but the silver market and the miners don't believe it, they're acting like something is wrong or is about to go wrong.

>>57907610
Silver is a later mover

>>57907759
Sure, but sometimes if silver doesn't follow gold it means a correction is coming like before the coof in 2019

>>57907487
It's momentum and options trading. I don't know who is buying the froth now but I went to the doctors office the other day and the guy wouldn't stop talking about stocks, so, I think there is just a lot of hysteria. Also a lot of these 1000000 P/E stocks are in the indexes, and people are piling into those.

>>57907986
>I don't know who is buying the froth now but I went to the doctors office the other day and the guy wouldn't stop talking about stocks,
Kek.
>Also a lot of these 1000000 P/E stocks are in the indexes, and people are piling into those.
Yeah, passive investing was a mistake, not going to end well for the "passive investors" imo.

>>57907927
idk what correction you're expecting when the gold price keeps going up like this. Its just not going to correct, exactly because everybody expects it will.

>>57908088
>idk what correction you're expecting when the gold price keeps going up like this
I'm not saying I expect a correction. I was just alluding to 2019 when gold was breaking out (although not all time highs) but silver didn't and that was followed by a correction.

any big coom ups in miners yet? i just want to see. mine are all flatlined at -30% still

>>57908125
I'm looking at gold and silver and I'm seeing an analogue to 2008/2009 in the charts. Look at that, it's literally the same
>>57908186
Montage, Lumina, Artemis been trending up.

>>57908186
>any big coom ups in miners yet?
Not that I can see, my best are up 50% flatlined as well.

rolling for $2200

>>57908674
reroll

>>57908674
>>57908689
Rollin.

wew

>>57908759
It's happening?

>>57908801
happening.

>>57908759
Yeah I actually am in panic as my order to sell my gold back to the gold company has been accepted yesterday for pickup on tuesday

But now I dont wanna sell

Can I still cancel? I just sent them a mail asking to cancel. But imagine they get mad and never buy from me in the future for that reason

nvm its over. spot is crashing down to just $2185

Next bread
>>57909091
>>57909091
>>57909091