/CMMG/ Commodities, Mining, and Macro General

[Anonymous No.49217049]

Where's my Commodity Chads at? Edition

>Why are we investing in commodities?
https://youtu.be/E4yPZel6iNw
>The Rotation of Money
https://youtu.be/n96yXD0Z5Rw
>Supply Deficit
https://youtu.be/bJGiIp7uGGQ
>Peak Supply
https://youtu.be/GkLKBqI1hfI
>Electric Vehicles Battery Minerals and Supply
https://youtu.be/dIc3_hT39Tc
>The Fed is Trapped
https://youtu.be/6359DuAgg-A
>What do huge returns look and feel like?
https://youtu.be/a2ZHDb3rD1w
>Rick Rule: When Gold & Silver Price Goes Up, They Make You Lots Of Money Quickly
https://youtu.be/skBWhlOxO-I

Commodities include
>Precious metals
Platinum, Gold, Silver
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Nickel, Zinc
>Others
Water, Agricultural, Salt

Mining for Noobs
https://pastebin.com/5uWth6eG
More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
/CMMG/ approved gold and silver stocks
https://pastebin.com/yv5gVyei
Mining company rundown
https://pastebin.com/n9dRBgL4
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL
Best brokers?
Fidelity is the best and Interactive Brokers for Europoors

>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor

>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money (Rothbard), The mystery of banking (Rothbard), and Profit & Loss (Mises)

Previous: >>49142463

[Anonymous No.49217082]

The fact that this thread is dead and everyone is blaming management even though the entire sector is down is extremely bullish. If you're not watching hedgeless horseman daily you're NGMI.

[Anonymous No.49217106]

Are you guys aping into more Blue Lagoon or Irving Resources at the moment. Asking for a friend.

[PAN MAN No.49217251]

thank you baker i was busy for a bit this afternoon!

[PAN MAN No.49218000]

so what is everyone looking at or watching right now? Oil / Gas? Heavy industrial metals? PMs? I am waiting for spring to reach the high country, so all my favorite junior projects can get back to work.

There are a few really interesting early stage projects out of NFL too which peaked my interest.

[Anonymous No.49218323]

What are some of the best energy stocks for each sector? For example, Encore for uranium. I want to diversity and would like a starting point.

[Anonymous No.49219278]

>>49218000
Checked
I'm mostly taking it easy but I keep an eye on oil and gas. Gas especially interests me and I see it doing very well

[Anonymous No.49219778]

what about Meg Energy?

[PAN MAN No.49220009]

>>49219278
i am doing more local research for a friend this evening, on "Jack of Clubs" Creek. Little gold is known on this creek, but what was found would be legendary now. Difficult to read, even less written on it, it deserves a hike i think this sunday.

[Anonymous No.49220297]

So when is tether collapsing again?

[Anonymous No.49220311]

>>49220297

[Anonymous No.49221409]

>>49218000
Uranium

[Anonymous No.49222080]

https://oilprice.com/Energy/Coal/Why-The-World-Cant-Kick-King-Coal.html
https://oilprice.com/Energy/Natural-Gas/Expect-High-LNG-Prices-For-Years-To-Come.html
>natgas and coal
ez money

[Anonymous No.49223388]

Super slow today. Very comfy though.

[Anonymous No.49223494]

anyone remember that one carbon credit anon? this just made me twitch -https://www.zerohedge.com/geopolitical/davos-reveals-building-blocks-green-social-credit-system

[Anonymous No.49223515]

>>49223494
Three things they need
CBDC, Vaccine passports, and to take the guns.
Seems like they are in a full blitz right now.

[Anonymous No.49223524]

>>49220297
>>49220311
shrieking against tether risk warnings is some of the most amusing. physical and physical producers.

[Anonymous No.49223540]

>>49223515
100%

[Anonymous No.49223706]

>>49218000
Energy in general. Are there any small companies close to coming on line ala trillion we should look into?

[Anonymous No.49223770]

>>49218000
I'm all about Oil and Gas right now. My PM bags are big enough and heavy enough already I don't see the point in buying more when they're gonna be last to move. Sure the individual companies might pump on news in the short term but I'm in them for when the spot price makes them move.

I'm throwing 10k into Trillion tomorrow and I only plan to buy more PM when I can rotate profits.

[Anonymous No.49223817]

>>49223770
>tomorrow
not fucking tomorrow I'm retarded, the cash is clearing tomorrow but I'm waiting for a pullback

[Anonymous No.49223826]

>>49223515
The first two will be centralized in the digital ID plan along with your actual passport an everything about you basically

[Anonymous No.49223837]

>>49223706
>Are there any small companies close to coming on line ala trillion we should look into?
You've heard this a bazillion times but Chariot is one such company

[Anonymous No.49223860]

I just woke up from a dream that I checked my poorfolio and UEC and AG took a green vertical line straight up to da moon. A few nights ago, I had a dream that I won a scratch off ticket so later that day I bought a scratch off and won $100. My subconscious is trying to tell me something bros.

[Anonymous No.49223981]

>>49223860
Trust your dreams anon. WAGMI. What was the time delay between the lotto ticket and winning. We need to do some scientific study to know when dreams come true.

[Anonymous No.49224008]

>wheat is available year round via comex and futures
>only harvested twice a year
Dumb question but that means its coming from reserves and should be the most expensive the month before harvest yes? This year seems difficult even after the fall harvest

[Anonymous No.49224138]

>>49223981
>>49223981
>What was the time delay between the lotto ticket and winning.
I woke up and went to the store maybe 3 hours later that morning. Based Peter Shiff. WAGMI

[Anonymous No.49224287]

>>49224138
Please pump my blue lagoon and irving

[Anonymous No.49224449]

>>49224287
I will do my best

[Anonymous No.49224466]

>>49224008
Grain is a very old market so if there are actually enough reserves to supply the market year-round then price should be relatively stable all year. Dipping into reserves would only push up price if there are fears those reserves wont be replenished with the next harvest.

[Anonymous No.49224792]

>>49224466 (checked)
My plan was to look at the correlation and seasonality of corn, wheat, and beans... theres 5 or 6 bearish things that could happen to wheat supply this year and Im trying to position myself for a spike. I have WEAT and CORN and was feeling out a few long calls

[Anonymous No.49225515]

>>49224792
Break time! Let me elaborate
>Ukraine crisis means less WW exports
>General supply chain fuckery
>High cost of fertilizer and potash
>Fert trains delayed or derailed
>Farmers planting less corn and wheat but more beans for crop rotation
>Supposedly drought conditions
>Food production plants getting heemed

If you want to be more esoteric, we're coming to the end of a Benner cycle and its a Shemitah year too. I would expect a coincidental mold or disease outbreak to fuck major onhand supplies too.
So given all those factors I expect the price to escalate just after harvest time

[Anonymous No.49225624]

Any news on bayhorse?. I've been avoiding looking at it for a month

[Anonymous No.49225737]

>>49218000
>buy 100 shares UUUU @9
>crashes to $5
>buy 100 shares of UUUU @5

I wish i knew more abour uranium

[Anonymous No.49225799]

>>49225737
never too late to learn, what do you want to know? Thread has been a bit silent so we can brainstorm a little

[Anonymous No.49225808]

>>49225624
check back in 2 moar weeks

[Anonymous No.49226017]

>>49225624
I have accepted the fact that gayhorse was a scam and that funny accent cowboy hat man ran off to Thailand to fuck ladyboys. With that said I still refuse to sell $10 per share or $0.00 whatever happens happens

[Anonymous No.49226289]

>>49225737
Dude Im the opposite for UUUU
>Hits 6, buy 100
>Hits 9, sell CC against it
>Never sell until 2024

[Anonymous No.49226773]

At some level, there is a basis of truth to the fact that precious metals prices are manipulated. Legal cases against organizations like JP Morgan are proof enough for a surface level discussion of the topic.

Here's where I'm struggling to fully accept the thesis that prices on metals, especially silver, are manipulated to the degree that something like the squeeze the Hunt brothers pulled off, or defaults on the COMEX, could take place. It's an accepted fact that price controls cause shortages. Demand outpaces supply and producers lack incentive to produce without being compensated at true market values. If gold and silver have their prices manipulated down, why haven't shortages presented themselves? Wouldn't this manipulation effectively be the same thing as price controls? If so, would bullion and industrial use eventually consume all available supply?

I say all this while being overweight in GDX and SIL because I still believe miners are fundamentally a good value play for the next several years, but I'm not convinced that the manipulation thesis is the best reason why to invest in these companies.

[Anonymous No.49226854]

>>49226773
>why haven't shortages presented themselves?
I would argue that it isn't as easy to get your hands on physical gold at a reasonable price as it was just a few years ago

[Anonymous No.49227101]

>>49225799
There's a couple things i'd like to know about the space, namely
>who's mining it?
>who's processing it?
>are there royalty companies like there are in the gold and silver space?

[Anonymous No.49227222]

>>49226773
the manipulation thing simply isn't true, anon.

sorry. It's an IQ test. JPM spoofing the price by a couple cents up or down and getting caught isn't evidence that they're still doing it or that they're even capable of holding the price down more than few cents at a time.

[Anonymous No.49227354]

>>49227222
checked
>manipulation
>the algos
>the shorts
all cope originating from pumpers who were wrong and are trying to cover their asses

[Anonymous No.49227418]

>>49227354
they're not entirely wrong-

the people doing the shorts are mostly silver consumers hedging against the price going up

on the other side of the scale are silver producers hedging against the price going down

both add liquidity to a relatively small market, dampening volatility. /pmg/ and /cmmg/ are hoping for some wild volatility, but neither producers nor consumers of silver want that because it's really hard to run a business when the cost of goods goes way up or down all the time.

[Anonymous No.49227464]

>>49227222
>>49227354
I believe the price is manipulated at a fundamental level. Sort of
Even though its not backing the USD, gold is the "de facto" standard of wealth even if fiat currency exists. Assume all dollars become worthless overnight - its a real tangible asset with universal recognition. Easy.
Is the USD going to shit itself and become worthless? Maybe maybe not. Gold isnt going to become a real currency again in our lifetimes.

My point is that every degree you become removed from real assets (gold => USD => stocks => derivatives) the more effect a 1% change has on the market via a multiplicative effect. An option moving 1% doesnt matter. Gold or bonds doing it does.

[Anonymous No.49227893]

>>49227101
>who's mining it?
Kazatomprom, China General Nuclear, Cameco are the biggest producers I believe
>who's processing it?
This one is more difficult for me to answer but apparently the Russians refine a good chunk of the mined uranium from Kazakhstan, or so I hear
>are there royalty companies like there are in the gold and silver space?
I don't think so, it's a very tight space. There are a few funds ans companies that buy uranium off the market and just hold onto it, the expectation being that the price will increase.

[Anonymous No.49228345]

>>49227893
I think I heard that the entire sector is 60 or so companies? Saskatchewan is a major mining hub, Kazahkstan is a processing hub. Other locations exist.
If the energy cycle is to be believed then June 17th might be one of the dates to watch for institutions rebalancing their ports

[Anonymous No.49228489]

Can I get a master list of uranium miners to keep on my watchlist and do DD on?

[Anonymous No.49228547]

>>49228489
Dont have a master list but I have UUUU, SRUUF as my favorites plus a position in those and UEC and DNN. Some people are mixed on CCJ. Not sure about others
Oh Kazatomprom but I dont have access

[Anonymous No.49228730]

>>49228547
I had a huge list before but trading view closed and I lost them all. I didn't know about their watchlist feature prior. But thanks for the reminder about UEC, DNN and CCJ.

Is it dumb to be in only uranium? I don't see any other mining sectors offering the same level of growth overall. Silver may increase in price sure, but it's not going to turn the green energy thing on it's head like nuclear is.

And, is it overhyped on macro level right now? Since March 2020 dip everything's been elevated. TSLA's still up from $80 (trading around $750 rn), for example. Of course inflation has happened but I can still see a year long macro correction occurring.

[Anonymous No.49228928]

>>49228730
>only in uranium?
If you expose yourself to just one asset class, you should do heavy DD and understand the sector very well. In my case Ive got WMT, UUUU, HCMLY and GUNR as my main holds with a bit of exposure to CORN and WEAT. Not strictly commodities but very heavy

[Anonymous No.49228972]

>>49228345
Kazakhstan is also a major producer, I believe 40-50% of the global uranium mined annually is mined by Kazatomprom. Some of that is processed in Kazakhstan, some in Russia. That's my perception anyways. In Canada, the Athabasca Basin in Saskatchewan is a prime uranium mining area, lots of high grade deposits there. Mined by Cameco almost entirely if not entirely. Nexgen's Arrow project over there is a major mine in development worth mentioning that's coming online within five years

[Anonymous No.49229267]

[Anonymous No.49229302]

>>49229267
I'm ready to capitulate

[Anonymous No.49229327]

>>49229302
Do it, no one cares.

[Anonymous No.49229344]

>>49229267
I almost bought this awhile ago but it's looking more and more like a scam every week. Why aren't they mining?

[Anonymous No.49229362]

>>49228928
Wheat and corn have already exploded. Any food sector stuff I might look into that hasn't done so yet?

[Anonymous No.49229518]

>>49229344
They are mining a processing the ore. Oregon is cucking them from selling. Oregon must give notice around June. Bayhorse shouldn't have any hold up with environment standards because it doesn't use water and is environmentally friendly. But you never know what batshit stuff the Oregon government will come up with.

[Anonymous No.49229603]

>>49229518
Interesting thanks anon. I'm from Oregon and actually just drove right through the area they're mining in a couple months ago. I told you guys I was gonna stop and take pics but I ended up getting slammed in pic rel. Good to hear they're mining maybe I'll scoop some.

[Anonymous No.49230072]

>>49229518
>They are mining
Complete bullshit. They haven't mined a thing. Bayhorse collected the muck and dregs that previous operators had mined then put them in the supersaks. This is not mining.
Horsefags are deluded fools.

[Anonymous No.49230305]

>>49227101
There's one uranium royalty company that I know of, UROY.

[Anonymous No.49230333]

>>49227354
>>49230072

[Anonymous No.49230369]

>>49230333
Then lose all your money for a stupid meme, moran. Don't let logic get in the way.

[Anonymous No.49231051]

https://twitter.com/mining_charts/status/1530947820131336193
>Gold Junior switching over to hydrogen company. That's the kind of environment it has been for miners the last couple years. Something has to give. Big opportunity ahead.

It's one of Goldventure holding, hope for them it doesn't implode

[Anonymous No.49231156]

>>49218000
based check

Also lookingg for all gold and silver junior, I don't give a shit about anything else. It's the only bullmarket I need to give attention to. Gold Mountain crashed hard, might be interesting.

>>49217106
Already have my 15k Pooh Lagoon stack. Buying Irving every month until this bullmarket restart again.

>>49223860
>>49223981
Never lose faith, that's what bankster wants. We will get out of the rat race, our turn will come. Keep your chair for when the music stop, no need to envy those making gains.

>>49226773
Manipulation can't win against Time.

[Anonymous No.49231179]

Thank you anons for the uranium info

>>49226773
>If gold and silver have their prices manipulated down, why haven't shortages presented themselves?
Because retail(for sake of argument, i'm lumping in retail with 'investor') demand for physical gold/silver is tiny compared to supply. Most people just buy etfs or miners. There's years of fud and broken promises behind both that drive people to do this. For gold, the governmemt basically stole it all in 1934 and promised that it's all safe in an unauditable vault somewhere. For silver(i don't have sauce for this claim but it's true no cap fr fr), they stole it all in 1964 and warned against hoarding it, otherwise they'd dump their massive 1 billon oz stack, which they keep in another unauditable vault somewhere, on the market and crush the price

>Wouldn't this manipulation effectively be the same thing as price controls?
Yes, except these price controls are on things that have low demand and a nearly infinite shelf life, so they work better than price controls on bread or gas

>If so, would bullion and industrial use eventually consume all available supply?
Not so much for gold, but very much for silver.
Gold has its industrial usages since it's indestructible and a good conductor, but it's too valuable to use in vast amounts like silver, so it mostly sits in vaults. It's also worth it to recover at these prices, so the amount of gold used in industry doesn't fluctuate much. The main reason to fud it is to stop retail from treating it like a 0% bond with infinite price potential and push them into stonks. Silver on the other hand is used for damn near everything, so it's really important that it's both cheap and in low demand by retail. This also makes it so that it's not worth recovering, so you need a constant influx of supply.
That's why the fud on gold/silver can never stop. Retail at large can't be allowed to think that hoarding gold/silver is a good idea
Just my $0.02

[Anonymous No.49231388]

>open thread
>ctrl+f BHS
>0 results
What happened? Where did the pajeets go?

[Anonymous No.49231779]

>>49231388
Did you look in the fields?

[Anonymous No.49231923]

>>49217049
Buy coal and ferts

[PAN MAN No.49233319]

Afternoon all!
been out testing spots and digging holes. Feels so good to be out and about in the high country again!
I ll finish this spot off tomorrow, i was getting good colors but i need more tools to go deeper, the gravel is super compacted.

[Anonymous No.49233373]

>>49231923
Tell me more about the coal industry.
I know that it's mostly used in steel production, and not as an energy source, and that Australia exports a fuckton to China. Beyond that?

[Anonymous No.49233569]

Also anyone know about pulp+paper? I've been noticing more electronics moving to being packaged in recyclable cardboard instead of plastics. Even my regular bread wrapper had a cardboard fucking tag on it now

[PAN MAN No.49233599]

>>49233569
Canfor and West Fraser are pretty major Canadian Mills for pulp and paper, they did extremely well later in the pandemic due to everyone wanting to renovate with nothing else to do.

[Anonymous No.49233682]

>>49233599
So P+P is still a strong Canadian industry? I'll look into the players, but the macro of it interests me as well.

[PAN MAN No.49233753]

>>49233682
its on its way out at the moment unfortunately, were out of pine beetle wood to harvest, companies are demoing mills and sending them to Texas and Florida for pulp production. Logging will never truely die out here, but its in a heavy down turn at the moment.

[Anonymous No.49233774]

>>49223494
A wargame simulation of a food crisis 5 years in the future. From 2017. Original site no longer exists. Convenient.

https://web.archive.org/web/20170615181514/http://foodchainreaction.org/

The end result was that they blamed the original cause all on climate change and used the deaths of hundreds of millions of people dying of starvation as justification for the introduction of carbon social credit system.

[Anonymous No.49233849]

>>49231051
They have no choice if they want that ESG money, besides cost of oil/diesel is going to keep going up so it doesn't matter. Lots of miners are looking at partnerships with nuclear utilities and green hydrogen/ammonia to replace diesel.

[Anonymous No.49233893]

>>49233774
Got any names or keywords to go on? It's probably archived somewhere. You can't scrub the internet no matter how hard you try.
I agree with a food crisis, but I don't know where they'll attack though, India for example would suffer massively. I hope (((Canada))) does alright

[Anonymous No.49234822]

>>49233849
nuclear powdered hydrocracking of heavy oil.
imagine it anon, imagine it...

[Anonymous No.49234859]

>>49233849
Once natural gas becomes expensive again coal will become ESG compliant!

[Anonymous No.49235276]

>>49233319
Looks more like a shallow grave next to a gun....that on your land? You found gold there before?

[Anonymous No.49235522]

>>49229518
>Bayhorse shouldn't have any hold up with environment standards because it doesn't use water and is environmentally friendly.
mines produce water and they definitely use water in the mill.

if they didn't plan for that, they're going to have a very bad time.

[PAN MAN No.49235552]

>>49235276
Its one of my many placer claims, I am snooping around looking for bedrock on that spot, the ground unfortunately got too compacted to dig through with just hand tools so i ll be back tomorrow with mechanized equipment instead. And yea these trenches always end up looking like a grave when they start out, i ll widen it out if i get anything better tomorrow. There is gold in these gravels, but not quite what i am looking for.

[Anonymous No.49235576]

>>49228489
Stokdog on twitter maintains a list

[Anonymous No.49235872]

I keep an eye on GPL sometimes to see if its worth going back in. Earnings just came out, they're losing money just as fast as normal despite partially re-opening Tucano. (It's still raining more than normal). Average grades declined again.
I don't think they're on the chopping block for bankruptcy immediately but its going in that direction.

[Anonymous No.49236340]

>>49233373
coking coal or metallugical coal is used for steelmaking, thermal coal is used for energy. Australian Newcastle coal is the best, highest calorie coal out there and as such carries the highest premium. Coal bed methane deposits are also a type of natgas deposit that can be recovered by drilling shallow holes into coal deposits, these are found in Australia a bunch too. AFAIK
>>49234859
Europe is already capitulating and going into coal head first. Also India has come out and said it will modernize its coal plants and that their coal consumption will increase in the next three decades, although coal's share of the energy mix will be reduced. Good reasons to be long term bullish on coal.

[Anonymous No.49236512]

>>49235552
You are trying to map the bedrock? The larger rocks at the top don't look like they travelled far. That near a stream or near the bottom of a hill? I have not had much luck prospecting

[PAN MAN No.49236643]

>>49236512
i am sort of in the process of mapping the bedrock, I know where it "Should" be and i am just filling in the blanks on the map. There are a lot of large cobble in this material, very little clay and yes fractured chunks of bedrock too scattered throughout. I believe this is part of a glacial push of material from a river bed thats been stuck on top of the bedrock, but it could also be just a very poorly sorted river bed too. i want to try and get 5-6 ft down tomorrow, any deeper and its not really worth trying to go after bedrock by hand here.

[Anonymous No.49237888]

Once again PEN starts going back up without having hit my "add to position" price

[PAN MAN No.49237933]

big news for glencore, their legal battle is bigger than i thought!
https://www.mining.com/web/glencore-bribery-cases-draw-in-billionaire-former-executives/

[Anonymous No.49238898]

>>49225624
Yeah it's a shit company and you should have sold three months ago.

[Anonymous No.49238978]

Looks like this week is going to be up for oil, maybe big, down for stocks, and uranium is a toss up but likely not a big up move

-Red

[Anonymous No.49239279]

>>49224449
2k gold in a month or 3 weeks i think

[Anonymous No.49239795]

>>49239279
>3 weeks
Impossible to date it but I agree its on track - midterm years have 13% gain on average

[Anonymous No.49240924]

What's our timeline bros?
2 more weeks?

I'm thinking summer/fall things will turn around.

[Anonymous No.49241357]

>>49240924
Late this year, thats when inflation will really hurt imo. Also, 1year of inflation might wake up the npc...

Im happy to be able to DCA at these levels, surge, gmtn etc at sub-50mc is delicious

[Anonymous No.49242744]

>>49225737
Unironically genius move just sit tight and get ready for those dividends

[Anonymous No.49242881]

>>49242744
UUUU is going to have divs?

[Anonymous No.49242918]

>>49240924
>>49241357
Personally, I think October is a key month. Its just after rosh hashanah and harvest time. We'll probably have a grain shortage for "some reason". I saw a post that said general food shortages will be blamed on carbon emissions after many deaths.
Anyways ot will set the stage and we'll probably wait until 2024 for peak resource prices imo

[Anonymous No.49242976]

Is just buying GDX an acceptable move for a noob?

[Anonymous No.49243198]

>>49242976
My rule of thumb is that if you have to ask someone, you havent done enough research

[Anonymous No.49243604]

>>49243198
desu I sometimes just ask these kind of questions looking for confirmation. in this case I already bought gdx a few weeks ago. I have done a fair amount of research into the wider area of PMs and I'm willing to wait it out because I have a very high degree of certainty about which direction this will move.
If anything, the market has been behaving exactly in the way I've expected it to. This isn't the only move I'm making, there are other more important moves in housing etc.

[Anonymous No.49244681]

New Gerald Celente interview
>3 G's: Guns, Gold and a Getaway plan
>WW3 has already started
>Gold and Silver don't go up until equities crash

https://rumble.com/v16dr6r-lunatics-are-leading-us-to-death-gerald-celente.html

[Anonymous No.49244837]

>>49244681
Based. I still waiting for the day we get rich. It seems like the same atmosphere as early crypto. All the normies own doge and Bitcoin. When I bring up mining they think I'm talking about Crypto. No one invests in commodities and our little circlejerk here is nothing in the normie sphere.

[Anonymous No.49245273]

>>49235872
>Net working capital declined $18.4 million in Q1 2022 to negative $18.1 million
They didn't even include cash on hand in their press release lol, something companies always do in my experience so I'm guessing it's not good. Don't care enough to dig it up. They have a lot of debt too so they could definitely go bankrupt very quickly if things don't turn around. They expect second half to have double the production of first half but they have dissapointed before. I'm surprised they managed to raise so much debt recently given the disaster of their operation. But I don't know that much about their mine plan, perhaps they know there's a lot very profitable gold under all that strip mining they have done.
At least they have this positive news bit for investors, kek.
>Recognized for executive gender diversity by The Globe and Mail's "Women Lead Here" benchmark

[Anonymous No.49245303]

>>49243604
>desu I sometimes just ask these kind of questions looking for confirmation
its ok, just cut it off and you will be heckin cute and valid

[Anonymous No.49245392]

>>49244837
>No one invests in commodities and our little circlejerk here is nothing in the normie sphere.
its just starting now, i saw some youtubers and institutions starting to talk about a commodity bull cycle
just wish i knew more about the cycle theory back in 2020
but we are just at the beginning of institutional interest

[Anonymous No.49245723]

Whew.
Dave Ramsey says housing only goes up

[Anonymous No.49245756]

>>49244837
wagmi

[Anonymous No.49246373]

>>49245723
of course housing only goes up, its a real and useful thing and the dollar is makebelive
if you want to value housing you have to use another metric, either divide the price by wages or value it in another asset class like gold or spx

[Anonymous No.49247529]

Happy Memorial Day Burger frens

[Anonymous No.49248557]

>>49246373
Couldnt you use the same metric to find the real value of a dollar? Eg PPP and such

[Anonymous No.49248845]

>>49225737
Uranium shat the bed because of the broad market shitting the bed. That is because most of the companies don't actually have cash flow. That is why coal companies were relatively unscathed, because they are cash flow beasts. Anyway, if one likes to pick bottoms in the indexes, just buy uranium instead. Indexes might not recover in a decade, but uranium certainly will, and if indexes bottom, so will uranium. Also long uranium, short indexes is a pretty good trade imo

[Anonymous No.49248910]

Also my broker allows buying LSE listed stocks finally, are Impact and Poo lagoon listed there?

[Anonymous No.49249688]

>>49248557
>Couldnt you use the same metric to find the real value of a dollar? Eg PPP and such
dont really know how you mean that
could you give example?
you can value dollar by comparing moneybase to spx marketcap, and if you did that youd see that the current ath (in dollars) in winter was the same spx/moneybase as just before the 2020 crash
but this doesnt take into account that dollar has no real value at all, the moment people stop believing a dollar has value it has no value anymore

comparing dollar to wages is way harder as rich people cause most demand for dollars while lower/middleclass causes most of the housing demand, either through rent or buying

[Anonymous No.49249909]

>>49217082
Be very careful, even he can't avoid some big fail company.

>Magna Gold
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2707-tsx-venture/mgr/122080-q1-2022-operating-and-financial-results.html
>2500$ Gold AISC

[Anonymous No.49250513]

>>49249688
>comparing dollar to wages is way harder as rich people cause most demand for dollars while lower/middleclass causes most of the housing demand, either through rent or buying
Not really sure what I'm asking then. But this was useful

[Anonymous No.49250521]

>>49229344
>Why aren't they mining?
Haven't you caught on? It's always the same story. "We just need 1 more thing and then mining starts real soon!" They've literally been doing this for YEARS.

[Anonymous No.49250562]

who /clf/ here?

[Anonymous No.49250566]

Now that the dust has settled, I will never trust an Australian again.

[Anonymous No.49250790]

>>49250513
this is spx/m2
looks like it could be a usefull metric

[Anonymous No.49250843]

>>49250513
oh and im not really sure if rich people cause most demand, but rich people+foreign countries do for sure

[Anonymous No.49250857]

[Anonymous No.49251224]

>>49250857

[Anonymous No.49251402]

>>49250521
>They've literally been doing this for YEARS.
Yep I didn't buy 2 years ago because I couldn't figure out why they weren't mining back then. Even if they lost money doing it, it would at least be less than they were losing by not mining.

[Anonymous No.49251653]

Am a coalfag but had to have a look. I could not look away. I laughed at silverschyzos, I laughed and laughed but today I woke up and randomly typed bayhorse silver into youtube. I actually might buy the stock just for the memes and Graemes hat.

[Anonymous No.49251814]

>>49250521
>>49251402
>>49251653

[Anonymous No.49251832]

>>49251402
>Even if they lost money doing it, it would at least be less than they were losing by not mining.
Attempting to mine a poorly-defined INFERRED resource can cost A LOT more than not mining.

[Anonymous No.49252043]

>>49251832
>Attempting to mine a poorly-defined INFERRED resource can cost A LOT more than not mining.
you should go back and read their press releases from 4 years ago when they said the ore body was well defined and they were starting mining.

pretty much the same thing they said a couple months ago.

[Anonymous No.49252232]

>>49251653
Anon Graeme is literally in Thailand right now fucking little fembois while people here still fall for his sham.

[Anonymous No.49252419]

>>49252043
>you should go back and read their press releases from 4 years ago
I've dissected every single press release from Kent/Bayhorse and concluded that the CEO is full of shit.

[Anonymous No.49252500]

>>49252232

[Anonymous No.49252625]

>>49252419

[Anonymous No.49252735]

cant you dullards go make a bayhorse general?

[Anonymous No.49252774]

Shit, there was a particular indicator that I can't remember the name of. It wasn't a commonly discussed one, it was based on taking the EMA of the MACD, anyone know what I'm talking about?

[Anonymous No.49252784]

>>49252735
how new are you?

[Anonymous No.49252835]

i am so happy i sold my bayhorse at 0.08

[Anonymous No.49252932]

>>49252784
>bUt tHIs Is tHe hOrsE GeNeRaL!!!
idc, you faggots are as bad as the shitcoin spammers

[Anonymous No.49252986]

>>49252932
>welp that scam was a scam
>what other similar scams can we buy that aren't that scam?
the thread is a joke. It always was a joke and it always will be until the very last one of you finally gets it.

[Anonymous No.49252995]

>>49252932
Then go make your own general, little bitch.

[Anonymous No.49253173]

>>49237888
checked
i remember you talking about .14(?) last dip
and now what was your price? .15?
i snuck through an order at .16 late last week
Sorry buddy, now we are on an express train to the moon

[Anonymous No.49253526]

IS IT HERE? IS IT THE MOMENT?

$150/BARREL OIL?

[Anonymous No.49254730]

bump

[Anonymous No.49256067]

I know that I want to buy oil but I don't know *how* to go about buying it, only trading account I have is trading212 (shitty UK site), what should I buy? I'm guessing there's some obvious oil ETF there.

[Anonymous No.49256814]

>>49256067
There's lots of oil etfs, it's one of the most traded commodities. DYOR on what makes up each one. For example
>USO tracks future price of western crude
>HEU.TO tracks daily leverage of Canadian producers
>Horizons has etfs that track 12m futures prices
>Various bull/bear leverage

[Anonymous No.49257384]

>>49256814
Thanks anon, yeah I'll probably go with USO then, I want to keep things basic and normie.

[Anonymous No.49258077]

>>49257384
Because it tracks current oil prices, that means you're going to get rebalanced at least 12 times a year when contracts roll over, which means higher IMF fees for the etf. It's probably fine, but it's just something to be aware of.

[Anonymous No.49258295]

>>49250562
Tranny

[Anonymous No.49258358]

>>49252735
This is bayhorse general you dense niglet

[Anonymous No.49258959]

Is impact silver a good buy?

Are they only dumping because of insane gas cost + silver being worth nothing? Looks like the kind of miner that would go crazy high if silver actually hits 40bucks or something.

[Anonymous No.49259288]

>>49253173
Strictly .14, that's my cost average
I have enough positioned that it's okay if I don't get to add more
>express train to the moon
It better be, I'm bored of it fluctuating between +30% and +100%

[PAN MAN No.49260539]

https://www.mining.com/colombia-miners-brace-for-environmental-crackdown/
I wonder how the cartel operated mines will be effected by this? Will they just keep paying bribes or will things get hairy.

[Anonymous No.49260694]

Check out SAG for silver on TSXV
SYH for uranium on TSXV
and EMP on Australian Stock Exchange

[Anonymous No.49261531]

>>49260694
I'll just keep with UUUU and farming CCs, thanks

[Anonymous No.49261561]

>>49257384
I'm a big fan of USOI because 20% divvy
share price doesn't move that much, but it pays out nicely.

[Anonymous No.49261859]

>>49218000
Checked and piqued.

[Anonymous No.49261935]

>>49258959
bump guys

[Anonymous No.49262173]

>>49218000
My core port is moving towards WMT, HCMLY, UUUU, and GUNR. Every time UUUU drops to $5.xx, I buy 100 more, and every time it rises to $6-9, I sell a CC against it.
Otherwise, looking to go long on WEAT and CORN, possibly grabbing a leaps call on WEAT
I might play HEU.TO around earnings when most of the Canadian companies will make bank from the oil prices.

[Anonymous No.49262742]

>>49219778
Good but not the best use of limited capital. My bets are SGY, FEC, and ATH with some CPG, in that order

[PAN MAN No.49263888]

>>49258959
i am not sure if impact is any good right now, i am really busy but i am sure someone else has been watching them more frequently than i have.

[Anonymous No.49265205]

Bump for the only sane and rational fucking investment in this entire board and these shit fuck markets.

I told my wife tonight that over the last two years every single prediction I have made has come true. She said "yep. You were right about everything." I posisitioned my portfolio two years ago because I plainly and easily saw all of this was coming.

I told her "and yeah, people who are normally right about this kind of shit in the investing world are living on fucking private islands somewhere and making millions of dollars a year" and yet I've barely made any fucking money because this world and by extension the stock market is literally Satan incarnate. .

[Anonymous No.49265261]

>>49263888
Their last ernings report they produced around a million ounces of silver and made no profit. These little fuck stick mining companies can go fuck themselves. I invest in solid companies only now. Either they're doing it right or I move on at first fuck up aka gold mountain aka fission uranium aka Vanda silver cobalt works aka bayhorse how's that going for ya?

[Anonymous No.49265314]

>>49260694
Tell me more about sag. Why are even legit people shilling silver now? I thought silver was bs, every grandma has silverware to sell hence small chance of squeeze.

[Anonymous No.49265481]

>>49265261
>i only make low risk plays
>>49265205
>why don't i ever get high rewards?
c'mon red

[PAN MAN No.49265523]

>>49265261
Gold Mountain surprised me the most with their bullshit but so many of these companies have no real intention of even bringing a worth while project to market lately its just pure bullshit.

Eventually a few actual solid ones will stick out again though.

[Anonymous No.49265572]

>>49265205
If you're right then just learn to wait, otherwise you will rek yourself worse than anyone else could
https://twitter.com/KatusaResearch/status/1531317683907481600

[Anonymous No.49266260]

>>49265261
wait, so a million ounces of silver ore is bad?

Does any silver miner even make profits at all in the current environment? The big ones like pan american silver make most of their money from gold, for example.

[Anonymous No.49266755]

>>49266260
Most, if not all, silver miner make no gain at Silver 21$ spot price. Even first majestic. So yes, you are betting on the future with impact which is a good company. Of course, some faggot will tell you they must make gain right now or they're bad. They have 19M in cash for a 50MC...

[Anonymous No.49266913]

>>49265205
>I told my wife tonight
You tied the knot red? Congrats bro

[Anonymous No.49266964]

What's this I read a few threads ago about Trillion expecting a PP coming up this month or something similar?
I can't see it in the last few news releases on their website unless I'm just being retarded.
Anyone got a link please?

[Anonymous No.49267179]

Yamana bros, sell today or wait? Yamana up 17% premarket, Gold Field's purchse implies a valuation for Yamana of US$6.7 billion and represents a premium of 33.8% to the 10-day Volume-Weighted Average Price (“VWAP”) of Yamana’s Shares of US$ 5.201 on Friday, May 27, 2022

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/763-tsx/yri/122133-gold-fields-to-acquire-yamana-gold-a-combination-for-long-term-value-creation-focused-on-quality-growth-financial-discipline-and-shareholder-returns.html

[Anonymous No.49267516]

>>49267179
I still remember that anon who accumulated Yamana since 2020, was a good call I guess.

[Anonymous No.49267549]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1480-tsx-venture/lio/122137-lion-one-reports-latest-results-from-its-phase-2-infill-drill-program-from-tuvatu-fiji-demonstrating-significant-new-mineralization-including-a-bonanza-intercept-of-584-07-g-t-au-over-0-30m.html
>Lion One Reports Latest Results from Its Phase 2 Infill Drill Program from Tuvatu, Fiji, Demonstrating Significant New Mineralization, Including a Bonanza Intercept of 584.07 g/t Au Over 0.30m
Hoping for a crash so I can slurp, my average is too high, I'm still down.

[Anonymous No.49267935]

>>49267516
yeah there was a bro with something like 4500 Yamana shares I think he got around $3

[Anonymous No.49268723]

If it weren’t for oilchads this thread would be as retarded as all of the crypto ones. Yes, gold and silver in manipulated. If you want to make money invest in oil and gas.

Everyone talking about micro miners and gayhorse is a shill or a floor licking moron

[Anonymous No.49268744]

>>49266755
Why are anons talking shit about impact silver then?

Ive also talked shit how first majestic is crazy overpriced last year and I got harassed and made fun of, yet look where we are.

And people are still praising it while shitting on impact.

[Anonymous No.49268833]

>>49268723
gold & silver will moon at some point, could be 2 weeks or 2 years, nobody knows

[Anonymous No.49268965]

>>49268723
>Yes, gold and silver in manipulated
And that manipulation will actually break in PMs favour once it isn't tenable/when recession truly kicks in (it hasn't even started yet). This is why PMs are interesting, the amount of financial effort that has gone into shorting them is like a huge indicator of where to find value once everything starts to break. "Where's there smoke, there's fire"
2023/4 is going to be a couple of years that /biz/ won't forget.
You're essentially just shitting on PMChads for being early. Yes we are early but we are also right and the odds are overwhelming in our favour.

[Anonymous No.49268974]

>>49268744
I dont know anon, I agreed with you back then on first majestic.

Impact is different, they have half their market cap in cash, Fred said he is looking for some ready-to-go project so he buy them and add to our porfolio. We are going to 1M+ oz per ounce (of pure silver, not AgEq) this year. We are going to produce close to 500k oz of Zinc and other base metal. We have no debt.

Its not a fancy company with crazy upside but damn you would be hard pressed to find such a sturdy and quality company.

[Anonymous No.49268980]

>>49265481
Mining is ingerently a high risk sector. For an unproven company it depends on management. Fuck, these microcaps sound crypto rugpulls hahaha

[Anonymous No.49269126]

>>49268974
>sturdy
>>>>>>>>>mexico
lmao

Jokes aside I have 26k.

[Anonymous No.49269223]

>>49269126
What is considered safe then ? Canada ?

https://twitter.com/disclosetv/status/1531385100394446849
>NOW - PM Trudeau: "It will no longer be possible to buy, sell, transfer, or import handguns anywhere in Canada."

People have to wake up, no country is safe anymore. Sandnigger in Africa still need to be avoided but other aren't that much better. Bad country like Peru or dangerous like Mexico offer big upside if you can be well diversified and sell in time.

>10k shares IPT
Would like more but poorfag can't choose

[Anonymous No.49269247]

Extremely good post from my boy Tin. Be careful with pumper, these fucker need to be held accountable.

[Anonymous No.49269486]

>>49268965
based

[Anonymous No.49270237]

>>49268965
early = wrong, first rule of trading

[Anonymous No.49270332]

>>49269223
>no country is safe anymore
Yeah I agree, I was just memeing. If we start seeing miners nationalized then Mexico will be one of the first but they won't be the last and Canada is far from immune, but hey that's why we diversify.

[Anonymous No.49270345]

>>49270237
>trading
good thing I only invest.

[Anonymous No.49270351]

>>49270237
>+$2.69B being wrong

[Anonymous No.49270428]

>>49270345
>>49270351
what's your P/L?

[Anonymous No.49270506]

Watch, the fucking kikes will forcibly fade today's oil pop.

[Anonymous No.49270598]

>>49270428
I dont know, I'll tell you in 2-3 years

Dont tell me you look at your screen everyday ?

[Anonymous No.49270623]

>>49270598
Alright I'll ask again in 2 years if that's your time horizon.

[Anonymous No.49270730]

>>49270623
If you want an honest answer, I dont look at my P/L at all, I check my watchlist every 10 days then I give it a serious look when I get my paycheck. Of course, I've a newsfeed for my miner but they don't release often so I pretty much just live my life.

Picrel is my real "gameplan". I'll sell when we get to 50$ silver and 2k5+ gold in the next 6 to 12 months. Then re-enter when bargain happens for the real leg-up towards 8k gold. I never sold until now, I'll only do it once to have a better diversified portfolio, for now I'm mostly in 10 names for this upward move, I don't have enough cash to justify more positions.

[Anonymous No.49270810]

Just bought 1,800 shares of Irving.

[Anonymous No.49270812]

>>49270730
And what if we don't get to these silver & gold prices in 6-12 months? From what I can recall people have been calling for pm's to moon every week for about two years or so

[Anonymous No.49270829]

Bayhorse chads cant stop winning

[Anonymous No.49270878]

>>49270829
Still waiting frens.

[Anonymous No.49271216]

>>49270812
Then I will be happy to accumulate more. I'm just giving you a big picture of what I expect. I hedge by buying only near-term producer or junior producer with no debt so I don't fear dillution / bankruptcy.

[Anonymous No.49271479]

>>49270829
>>49270878
Waiting since summer 2021.
Yep...just...winnning....
Let me guess, it will 144x after it drops to a penny and gets delisted?

[Anonymous No.49271505]

>>49271216
I hope that strategy works out for you anon. Early developers and producers are subject to their own risks as well

[Anonymous No.49271663]

What made oil mega dump this morning?

[Anonymous No.49271820]

see? SEE? They're forcibly fading oil, it'll end up red on the day by 2:30 pm.

[Anonymous No.49271856]

>>49270812

[Anonymous No.49271878]

>>49270810
noice

[Anonymous No.49271894]

I'm so fucking sick of every single oil pop getting immediately and nonstop sold back down the exact moment it hits 9:30:01.

[Anonymous No.49272122]

>>49271894
gapped up today, and we all know gaps always get filled

[Anonymous No.49272754]

>>49270812
two more years

[Anonymous No.49272902]

>>49266964
>Anyone got a link please?
Found it myself. 9 days ago so you've all probably seen it but for anyone else who hasn't yet:
https://www.youtube.com/watch?v=vVQBQOPLQgM

[4chan randy bobandy No.49272944]

>>49272902
>>49266964
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA I CANT BUY TRILLION ON ANY OF MY BROKERS
IM A DANEFAG HOW DO I BUY FUCKING TRILLION
FUCK NORDNET AND SAXO

[Anonymous No.49273284]

>>49270428
sometimes even a blind squirrel finds an acorn

[Anonymous No.49273355]

>>49265481
Lol.

>>49266260
No those are big numbers it's just that they produced that much with no debt and made no profit.

>>49266913
Nah but it's a done deal. Just easier to say that than my girlfriend.

[Anonymous No.49273398]

>>49265572
Oh yeah. I'm a stubborn mother fucker. I'm not moving anything.

>>49266755
I'm not saying they have to make massive profits. They are a good company you're right. But the fact they made no profit?? Shitty.

[Anonymous No.49273494]

>>49272944
Why not? My broker wouldnt let me trade them so I sent them an email asking why and they corrected it so I could buy.

[Anonymous No.49274254]

>>49233753

do you think this means there probably isn't a pulp/paper play exposed only to a thesis of packaging moving to them from plastic? since the effects of house prices spurring renovations with cheap wood would probably constitute most of the price movements medium and even long term

[PAN MAN No.49274482]

>>49274254
Not sure, unfortunately I think the forestry industry is going to have a very rough 2-5 years unless we get more of a serious housing building boom. Pulp and paper dont make nearly as much money as framing timber does.

[Anonymous No.49274605]

>>49272944
get IBKR

[Anonymous No.49274939]

https://ceo.ca/@newsfile/santacruz-silver-reports-first-quarter-financial-results

Still waiting for these fucker to pay off their debt before I buy

[Anonymous No.49275228]

>>49265314
Just remember that if the price of any asset gets too high, people will dump it to lock in profits. t. MTG player

[Anonymous No.49275347]

>>49274254
>>49274482
Im still accumulating companies that do construction aggregates for exposure to sand/cement. Housing is expensive because of limited supply. Even if they have to make commieblock apartments to house everyone, those are made of stone, cement, and steel. India for example does not have enough wood to modernize like the west. Theyll use earth and clay, possibly bamboo
We'll see how things will go after next years food crisis... my HCMLY and GUNR have been quiet and slow but very good so far (8% up ytd, missed the drawdowns). Once commodities go off theyll do even better

[Anonymous No.49275594]

>>49275347
Aren't you worried about the reports that new housing builds are slowing down due to high material costs? Wouldn't fracking sand be a better way to play sand right now in this high energy + materials price environment?

[Anonymous No.49275722]

What the fuck are the kikes doing to oil.

[Anonymous No.49275824]

>>49275722
gap up almost closed but went up instead, up 1.5% today. Should maybe close the gap tomorrow

[Anonymous No.49275843]

If you want dividends for uranium miners just buy the URNM ETF, currently a 7% dividend. I don't know why everyone is buying individual miners, the ETF fee isn't that much and the dividend more than makes up for it.

[Anonymous No.49275872]

>>49275824
what chart are you looking at? oil dumped from nearly $120 down to $114.

[Anonymous No.49276069]

>>49275872
oh now the red candle shows for me too. Gap filled and then some.

[Anonymous No.49276218]

>>49276069
looks like it's bullshit with OPEC. This is the single fucking most obnoxious trade I've ever fucking been in, every single goddamn pop gets faded for hours/days. When I close this I'm never touching oil again.

[Anonymous No.49276274]

>>49276218
It's really tough to speculate on the price of oil right now. Could go either way. Godspeed anon

[Anonymous No.49278437]

Can a systems sperg answer something for me?
What would oil price do if the world, except for China and it's major trade partners (excluding the US and it's trade partners,) entered another great depression?
To clarify: The Western world enters a great depression but China and its allies (excluding Western allies) do NOT.
Also interested in what you think that would do to the price of the other commodities.

[Anonymous No.49278528]

>>49278437
Prices would obviously go down due to lower demand. Commodities tend to crash very hard when deflationary periods come knocking

[Anonymous No.49278614]

>>49278528
Would there first be a price spike higher though for a few years as Westerners try to exit non-tangibles?

[Anonymous No.49280388]

>>49278614
that would imply a high inflation low growth environment, i.e. stagflation (we are here)

[Anonymous No.49280777]

>>49280388
Yea but we haven't seen an explosive cmmg bubble... slightly in oil, sure.
... I guess I'm forgetting about the naivete of the Westerner in this equation to not understand where they are in the supercycle.

[Anonymous No.49281113]

>>49280777
>Yea but we haven't seen an explosive cmmg bubble...
A lot of commodities have made historical moves and even all time highs in the last two years. Copper, lithium, lumber, fertilizers, crops (ongoing), tin, etc. etc. Heck even gold made an all time high in 2020.

Energy is the economy. Everything relies on energy. Materials have had a good run but now that energy is galloping materials are becoming less necessary. Literally everybody needs to heat up their home or eat food (ammonia fertilizer made of natgas), but not buy a new car. Not to mention energy is also needed to operate factories where materials are processed. Looking at what happened in 2008, once oil crashed it was time for gold to make sustained gains. But with the world the way it is right now who really knows what's going to happen.

[Anonymous No.49281924]

>>49276218
This is what I was saying early about how faggoty these markets are. We posisitioned years ago because we knew all of this was coming and yet we haven't made any serious money on it.

People who are this right when it comes to investing are living on private islands and making millions a year. Fuck these gay markets and fuck this earth. Lol

Im not selling a God damn thing. I know I'm right and every single stock in my portfolio is a 5x and I will set there as it all goes down to zero I don't give a fuck.

[Anonymous No.49281945]

>>49278437
>>49278528
The difference this time is that supply and possible production levels are bleak and barely hanging on. It doesn't matter if the economy crashes or not. Prices will remain high.

[Anonymous No.49281984]

>>49278437
china's economy depends entirely on the US, so the question is about a scenario that simply can't happen.

if it did magically happen, US investors wouldn't be fleeing to commodities because they'd be wiped out and probably dead.

[Anonymous No.49282004]

>>49281924
being super early is the same as being wrong.

[Anonymous No.49282330]

>>49282004
Don't tell that to the prideful "investor" types. To them, being early is the same as being right and anybody who says otherwise is a dirty trader. When the price of the asset they bought goes down they cheer and buy more, and when it keeps going down and they have no more money with which to buy they are only left with the cope that at least they're early. The dirty traders will come and take cheaper prices later at a more opportune moment

[Anonymous No.49282450]

EU bans Russian oil
Brent falls a bit

how is this possible was it really priced in

[Anonymous No.49282530]

>>49282330
I like a good trader, and I think red is a good trader.

it's just really hard to make any money as a trader in the US because the tax rate on trades is about 5 times higher than on investments.

[Anonymous No.49282879]

>>49282530
How is the distinction made in the tax office there, out of curiosity?

[Anonymous No.49283087]

>>49282530
>the tax rate on trades is about 5 times higher than on investments
no its not. short term capital gains are taxed as ordinary income. you're not paying any more taxes on it than you do from your regular income from your day job

[Anonymous No.49283161]

>>49275594
>high material costs
>fracking sand
I'm specifically interested in coastal sand used for cement, because it's required for pretty much any kind of construction, it's finite, and the price has slowly appreciated over the last 5-10 years, which incidentally is how long I plan to hold Holcim. Maybe.
I saw some anon get into SLCA which does fracking sand. I suppose there's a good demand for it with the high price of oil, which means fracking is going to drive demand for that. But I'm focusing on coastal because there's just less of it to go around. Beach theft is a thing in the EU. And you can't just dredge up all the ocean because it's fairly expensive and can cause ecological damage.
Basically, it's quiet and will continue to be quiet and ignored, which gives me ample time to increase my position over the next few years, regardless of demand.

>>49275843
Duly noted, I have UUUU and sell CC's on it, would be nice to farm dividends on top of CC's. Only tricky part is getting 100 shares to start with. Hmm.

[PAN MAN No.49283389]

>>49283161
Barite fracking sand is going to get extremely expensive in the near future as processing barite down into sand is extremely expensive and damaging to equipment. Naturally occurring barite sand is getting very rare in north america, to the point the only source is one mine in alberta. There are sources in Central / South America but their not worth mining due to contamination by clays and carbon from ancient forest fires, it needs processing before it can be used in the same way the old sources were.

Barite its self is actually really easy to find in all sorts of metallic ore bodies but its such a pain in the ass to process that its usually not worth recovering and bringing to market. I expect Barite and barium from it to sky rocket in price in the coming decade as its naturally occurring workable sands are nearly depleted as is.

[Anonymous No.49283504]

>>49282879
trades you buy and sell within the same year.
>>49283087
>short term capital gains are taxed as ordinary income.
yes, which is about 5 times higher.

you forget the self employment taxes on regular income that's not on a w2

people here don't realize how high US taxes are because either they're not paying them or they've never actually made money.

[Anonymous No.49283597]

>>49283087
The reason employees are shocked when they find out about self employment taxes is partly because their employer pays half, and partly because the half the employee pays is automatically deducted from every paycheck. So they don't realize if you make your own money you owe that full 15% to the IRS at tax time, without any deductions.

this bites people in the ass if they've never turned a profit running their own business.

[Anonymous No.49283655]

>>49283087
so the upshot of all that is if you're say, a single person in the 22% tax bracket, your trades will have another 15% on top of that, making your effective tax rate 37%

that's just federal taxes, your state will take a cut as well. If you actually make a living wage your taxes will be well over 50% on trades.

[Anonymous No.49283697]

>>49283087
Of course a 50% tax rate isn't 5 times higher than cap gains, but that calculation depends on how long you carry cap gains without tax. If say you go 20 years paying no tax on cap gains, then when you cash out you pay the full rate, divide by 20, and your tax is very close to $0 per year.

so income taxes are potentially hundreds of times higher than cap gains rates over time.

[Anonymous No.49283880]

>>49283697
Businesses get around all this by rolling money back into the business instead of taking profits. Doing stuff like buying office buildings or warehouses or whatever.

traders should do the same, but to buy yourself an office building you have to be pretty damn good at trading and also be consistent at it. Traders here are just going to get hit with 30-50% taxes on trades, assuming they ever make any money.

[Anonymous No.49283901]

>>49281984
China's economy only depends on the US's in the short term. There are plenty of new consumers in Asia to fill the void the moment the West collapses.

Western upper class won't be gone - they will be weaker, sure.

[Anonymous No.49283934]

>>49283901
>There are plenty of new consumers in Asia to fill the void the moment the West collapses.
unless their wealth also relies on the US.

it's pretty interesting how every time the US economy crashes, the world economy goes down even harder.

[Anonymous No.49284158]

>The investment objective of HEE is to provide Unitholders with: (a) exposure to the performance of an equal weighted portfolio of Canadian companies that are involved in the crude oil and natural gas industry; and (b) monthly distributions of dividend and call option income. HEE will invest primarily in a portfolio of equity and equity related securities of Canadian companies that are primarily involved in the crude oil and natural gas industry and that, as at the Constituent Reset Date, are amongst the largest and most liquid issuers on the TSX in their sector. HEE will rebalance, on an equal weight basis, the portfolio of constituent securities on each Constituent Reset Date.
This is literally what I wanted to do, have exposure to Canadian energy and get income on them while waiting for their earnings to roll around

[Anonymous No.49284416]

>>49283934
.... It doesn't. Our wealth depends on them.
You understand that they are the producers and we are the consumers right? Consumers are downstream from producers. Consumers are expendable in the equation. There's plenty of other middle classes on the earth ready to take our spot.
Westerners are incapable of production at scale anymore.

[Anonymous No.49284475]

>>49284416
you'd probably even be right if it weren't for the petrodollar being the real reason for US wealth.

[Anonymous No.49284479]

>>49283504
>>49283597
why are you talking about "self-employment"? trading your personal money is not equivalent to starting a business and working for yourself. you do not pay any self-employment taxes just for trading your own money as a retail trader

>>49283655
no. you do not add an extra +15% on to your taxes from trading. if you are in the 22% tax bracket, you will pay 22% short-term capital gains taxes on your profits from trading. if you hold a position for 12+ months, you will pay long-term capital gains taxes of 15%.

if you are making enough money to be in the 37% tax bracket, then you will pay 37% taxes on gains from your trades, if they are under 12 months, and 15% taxes if they are over 12 month holds

[Anonymous No.49284548]

>>49284479
>why are you talking about "self-employment"?
that's just what we call FICA when you have to pay both the employer's share and the employee's.

>no. you do not add an extra +15% on to your taxes from trading
like I said, nobody here has made money trading so you'll probably never know.

[Anonymous No.49284572]

>>49284548
>like I said, nobody here has made money trading so you'll probably never know.
i literally make money from short-term trading. i report it as regular income in addition to my day job. its not complicated bro there is no magic here

[Anonymous No.49284601]

>>49284572
>i report it as regular income in addition to my day job
should be good times once the IRS notices

[Anonymous No.49284688]

>>49284601
...lol ok man. you're supposed to be 18+ to post here. obviously you have no idea wtf you're talking about when it comes to taxes. i'm not even going to waste time educating you on this shit - you can go google it for yourself

[Anonymous No.49284746]

>>49284688
look, it's not "short term capital gains," it's just income.

and all income below $147k is subject to FICA
normally your employer pays half and you pay half with an automatic deduction from your check.

if you make income without an employer or a deduction you owe the full FICA at 15% on any income from $0-$147k

you'll be fine, at least you reported the income. But you're going to owe back taxes plus 27% interest and penalties for being a dumbass

[Anonymous No.49284888]

>>49284746
>look, it's not "short term capital gains,
yes it is.

https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn

trading = SHORT TERM CAPITAL GAINS. this FICA bullshit does not apply. you need to stop taking adderall you fucking zoomer because that shit is making you a fucking goddamn spaz and you're shitting up our thread with FALSE INFORMATION. fuck off

[Anonymous No.49284962]

>>49284888
says nothing about if it's unearned income.

the IRS can give you details.

Or turbotax if you buy the business edition.

[Anonymous No.49284995]

>>49284888
here's a protip from the IRS

a schedule C sole proprietorship generally means self-employment taxes

[Anonymous No.49285049]

>Paying taxes

[Anonymous No.49285070]

>>49283389
Barite not used for fracking. Used as a density adjustment additive for drilling fluid. Frack sand just regular sand. Frack sand much much much more significant volumes than barite. In any case, strong Canadian oil prices definitely put significant upward pressure on barite.

[PAN MAN No.49285085]

>>49285070
huh i was always under the impression it was an additive in frack fluid!

[Anonymous No.49285256]

>>49284962
>>49284995
no one here is a professional daytrader. all the tax shit your posting applies to people who's main source of income is daytrading, as if they were a business. none of it applies to anyone in here

[Anonymous No.49285284]

>>49285256
Yeah I tried that one on the IRS when I first went into business.
>but I have a real job!
>my business isn't most of my income!
You guys can try it too and see what they say.

[Anonymous No.49285399]

>>49285256
I am oversimplifying a lot, but whether your activity is a hobby or a business by IRS standards is a bit arbitrary. Also whether your trading income is earned or unearned is a gray area depending on several factors.

but generally speaking the IRS will try to argue that if you made income it's a business, and if you worked for that income, it's earned. How that applies to individual traders here I don't know and don't care. But the IRS isn't as nice to taxpayers as taxpayers tend to be to themselves.

[Anonymous No.49285568]

>>49285399
it depends on how much $$ you're making from trading, thats the gray area you're talking about. if you're making a lot of money from trading, then you might need to report it like a business. if you're just some guy making an extra 10k$ / year from small-time trades - you just report it as regular income and pay your tax bracket

[Anonymous No.49285720]

>>49285568
>thats the gray area you're talking about.
not at all
businesses can lose money and we generally try to.

that's why the IRS has so many rules and gray areas. It's not just to get more taxes from people, it's also to prevent us from unfairly lowering our taxes.

generally speaking if your activity turns a profit any 3 years out of 5 it's a business.

if you actively work on that activity several hours per day, several days per week, it's probably earned income.

[Anonymous No.49285948]

>>49285720
What if you study charts like an autist in your spare time, but only make one or two trades a week?

[Anonymous No.49286033]

>>49285948
I'm not sure what their cutoffs are, but I'm guessing that's low enough to be a flat 28% no FICA

[Anonymous No.49286066]

>>49285948
It also depends how many years you do it. Or plan on doing it.

[Anonymous No.49286107]

>>49285948
afaik studying charts can be considered a business activity. So that would go back to how many hours and how many days per week.

[Anonymous No.49286206]

>>49285948
do not listen to this fucking spaz. this guy took too many adderall

[Anonymous No.49286250]

>>49220311
doesn't this mean more people are buying crypto instead of keeping it in tether? or am i just a stupid retard

[Anonymous No.49286511]

>>49286250
I think it's investors cashing out into 'official currencies'.
Tether isn't just a tool to buy crypto, people use it as tax-free payment.
You can see here ( https://whale-alert.io/ ) just how dominant USDT is in the crypto space and the push for regulation and control of stable coins.

[Anonymous No.49286537]

>>49286250
>>49286250
I think it's investors cashing out into 'official currencies'.
Tether isn't just a tool to buy crypto, people use it as tax-free payment.
You can see here ( https://whale-alert.io/ ) just how dominant USDT is in the crypto space and understand the push for regulation and control of stable coins.

[Anonymous No.49286745]

>>49286250
That reminds me, how is Unusual Whales?
https://twitter.com/unusual_whales/status/1531773469917990914

>Jim Cramer has said that $FB, $AMZN, and $GOOGL have "nowhere else to go but up."

[Anonymous No.49286775]

Since when did the OP become dedicated to shilling a single youtube channel?

>>49262742
interesting list, I'm not sure what criteria you use. I wish I'd have bought CPG when I looked up Nuttall and saw his fund buying.
Heard good things about surge and meg.

[Anonymous No.49286863]

>>49283087
Short term capitol gains are taxed at fifty percent whereas long term are taxed at about twenty.

[Anonymous No.49286893]

>>49284158
Sounds pretty great Mayne.

[Anonymous No.49286925]

>>49285085
It's amazing that in the at least two years I've been here I have never once seen pan man go after anybody in the thread. Never starts drama. Never argues. Just wants to talk about mining. An awesome bro. I aspire to be like him every day. Makes me better as a person.

[Anonymous No.49286949]

>>49285256
I could be a professional day trader if I wnated to and I could make a good living but I'd rather invest.

[PAN MAN No.49286959]

>>49286925
I learn something new everyday! I assumed something for the longest time and it makes sense now.

[Anonymous No.49286995]

>>49285085
Yeah it makes the drilling fluid heavy so gas/oil don't bubble up to surface causing a blowout.

You still need many bulker truck loads of it to mix up enough drilling fluid to drill an oil well.

https://www.di-corp.com/products/view-product/barite

Frack fluid is just made from water/sand + guar gum or xantham gum so the sand doesn't fall out of solution while pumping. You could eat it if you wanted.

[PAN MAN No.49287200]

>>49286995
i know where there is a lot of barite just sitting around but its never going to be mined, its got a fantastic silver vein sticking out of it too, but as a deposit, its not high enough grade to be considered for an operation.

And yes now this makes a lot of sense, you wouldnt need barite in frack fluid.

[PAN MAN No.49288361]

https://www.mining.com/gold-fields-to-become-worlds-no-4-gold-miner-with-yamana-buy/

Its been posted in other articles before, but this is a massive buy out.

[Anonymous No.49289489]

Bumo

[Anonymous No.49289900]

>Iron butterfly
>Receive the most premium by selling ATM puts and calls on the spread
If I'm selling covered calls, why not just sell ATM CCs instead of OTM ones? Just wait for a decent pump, then sell the call and wait for the price to collapse

[Anonymous No.49290598]

How is uranium looking at the moment? Is 2024 still the time period we are looking at for Uranium stocks to possibly run?

[Anonymous No.49290638]

What are some good oil and natural gas companies I should look into?

[Anonymous No.49290696]

>>49288361
Am I crazy for thinking this price drop in GFI is a huge overreaction? I'm probably gonna try and pick up as much as I can at open.

[Anonymous No.49291277]

>>49290696
From what I can see it's better to buy Yamana shares and have them converted to 0.6 shares of GFI eventually. That's just by doing the GFI * 0.6 vs Yamana

[Anonymous No.49291314]

bullish?

[Anonymous No.49291655]

>>49290696
>>49291277
Yamana's sp didn't get the increase it should have yesterday, look for a delayed pump coming soon

[Anonymous No.49292152]

>>49290638
Vermilion
Surge
Petrus
Trillion
Chariot
NG Energy
i3
Wescan
Vital
First Helium

To name a few. Most are juniors.

[Anonymous No.49292170]

>>49286775
>Since when did the OP become dedicated to shilling a single youtube channel?
Months and months ago the OP got updated and we /andygeneral/ now.

I love the guy and I understand why he's preferred over other channels but I agree it looks a bit much especially for newcomers

[Anonymous No.49292273]

>>49292170
>>49286775
I tried to keep the old OP but I was promptly told to fuck off. Said that the original OP had too many useless links and tools that nobody wanted. I didn't bother quarreling over it

[Anonymous No.49292355]

>>49292170
I think I remember seeing an OP with a bit less Andy content, might've gotten lost in the baking.

[Anonymous No.49292530]

>>49292273
>>49292355
Yeah I remember that. I fought against it too but concluded whats the point as people will just start OP wars and I just don't care enough. It's only really for the benefit of newcomers anyway and desu everyone on /biz/ who isn't a /cmmg/ regular by now are the ones peddling crypto and shitting on us so fuck em, the more we can gatekeep these threads the better.

Make the OP as shitty and uninviting as possible I say. We have enough retards in these threads without spoonfeeding the crypto zoomies.

[Anonymous No.49292561]

>>49292530
quick, add the bond kang, david hunter, GV pump and dumps and some silver boomer schizos.

[Anonymous No.49293077]

>>49292561
Dang, put in some road to roota and Brother John F from 2012 when they were saying the pump up to $35 was it, the last chance to buy silver, before the price crabbed down to $15 over the next decade.

[Anonymous No.49293103]

>>49293077
kek
don't forget Turd Ferguson

[PAN MAN No.49293159]

Two bits of news from drilling in BC!

Osisko Development hits some good gold at the Valley Zone in Wells BC!
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2884-tsx-venture/odv/122298-osisko-development-intersects-164-92-g-t-gold-over-10-50-meters-at-cariboo-gold-project-valley-zone.html

Cassiar Gold starts up a 20,000m drill program at their Cassiar Gold property.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2861-tsx-venture/gldc/122303-cassiar-gold-commences-20-000-m-drill-campaign-and-exploration-program-at-the-cassiar-gold-property.html

[Anonymous No.49293531]

>>49292561
>WE

[Anonymous No.49293802]

>>49286250
>doesn't this mean more people are buying crypto instead of keeping it in tether? or am i just a stupid retard
No. If someone (a buyer) buys crypto with Tether from someone else (a seller), the buyer and seller just swapped who owns the Tether, Tether's MC cannot change. MC will only go down when Tether holders redeem for fiat.

[Anonymous No.49293934]

>>49227222
>>49226773
If it wasn't being manipulated and they weren't desperate to hold on to every bar, they would make delivery much easier than they are now.

[Anonymous No.49294341]

We're screwed guys, our inflation thesis is about to collapse.
Germany is assembling a team to tackle inflation, consisting of employer and employee representatives to find common ground and decide which measures to take.
Scholz also pointed out that fuel, power and transport subsidies have proven very effective at tackling inflation so far, and that pensioners should stop whining.

https://www.faz.net/aktuell/wirtschaft/hohe-inflation-olaf-scholz-ruft-zu-aussergewoehnlicher-massnahme-auf-18072940.html

>huh? ECB? monetary policy? get out of here with that anti-semitic nonsense

[Anonymous No.49294400]

>>49294341
>subsidies
>tackling inflation
Lord give me strength

[Anonymous No.49294491]

I literally had a dream that I was talking to graeme O'Neill.
What have you guys done to me?

[Anonymous No.49295116]

Ah, it's time for the daily oil fade for no fucking good reason.

[Anonymous No.49295251]

god damn it

Why didn't I buy Vermillion months ago?

[Anonymous No.49295306]

>>49294341
>subsidies
do nothing to ease supply-demand problems kek. Next they'll say they are "tackling inflation" by imposing price caps lmao

[Anonymous No.49296303]

Next bread
>>49296273
>>49296273