/CMMG/ Commodities, Macro, and Mining General

[PAN MAN No.50158080]

Market Meltdown 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 Thread>>50112946

[PAN MAN No.50158101]

evening all!
Looks like commodities are headed for a long dump while everyone is worried about the recession. Plan accordingly!
https://www.mining.com/web/column-metals-melt-down-as-recession-fears-overwhelm-supply-woes/

[PAN MAN No.50158283]

Two more bits of news from today.
https://www.mining.com/guinea-halts-simandou-iron-ore-project-again/

https://www.mining.com/copper-price-below-8000-as-slowdown-fears-mount/

[PAN MAN No.50158735]

https://www.mining.com/web/banks-step-up-trade-finance-in-global-commodities-boom/
last link from me for a bit.

[Anonymous No.50159391]

>>50158101
How would one play the downside, without moving to cash or shorting individual securities?

[Anonymous No.50159759]

>>50159391
Inverse ETF.

[Anonymous No.50159864]

>>50159759
Nah, because we're going to whipsaw every day until we reach the bottom and it's pretty much guaranteed to get crushed by several % on the way down

[Anonymous No.50160547]

>investing in materials when the world is headed to a recession at the least
kek
kekmao even

[Anonymous No.50160716]

>>50160547
>The recession will last forever
>You shouldn't but materials until they're expensive again

[PAN MAN No.50161267]

did anyone else notice that youtuber 911Mining now works for a junior explorer on Vancouver island? Its not really that important info but still interesting to see, I guess some investment finally went into those interesting properties.

[Anonymous No.50161400]

Blue Lagoon bros are we still alive? News may finally be coming due and it could be some good drill hits.

[Anonymous No.50161403]

>>50161267
Although I've never seen that guys youtube I did notice him popping up on the kermode ceo page which i check infrequently.

[PAN MAN No.50161511]

>>50161400
yea its just been quiet, drill results will be out sooner or later.
>>50161403
Its good to see some showings down on Vancouver Island getting attention, but GOOD LUCK ever getting major mines operating down there again. Look how much blow back logging gets now.

[Anonymous No.50161600]

>>50161511
That reminds me, I saw Uganda discovered a huge amount of gold. Had that announcement moved the market much at all? That was pretty recent, and it might've even been over the weekend.
Even so, it would take months to years to set an operation up, and my thought was African mines tend to be artisinal in nature.

[PAN MAN No.50161650]

>>50161600
There are a few chinese firms interested in doing the exploration work on that "discovery", but it seems to be more of a translation error. The government meant to release a statement about the potential for wide ranging gold deposits, as their geologic surveys had IDed a bunch of targets for further exploration. Thats it. I have no idea why the news outlets put out that bs about trillions in gold in Uganda.

Your also right about the time it would take to ever get a mine going there, it takes on average 10 years to get a mine going in North America, imagine what it takes in a place with limited infrastructure.

[Anonymous No.50161659]

>>50161600
It’s comically false. The gold is at a concentration of a few g/ton, and it’s fucking Uganda. The infrastructure is completely unable to sustain anywhere near the level of equipment to make a economical mine. Maybe if gold was 7k+/oz but when gold is that expensive fuel costs will be so insane that it still probably won’t be economical.

[Anonymous No.50162205]

>>50161400
>Blue Lagoon bros are we still alive?
I think we are all dead.

[Anonymous No.50162238]

>>50162205
I look at BHS and BLLG and see massive 60-70% losses but then I remember I put like $200 into each so I might as well just let it ride to zero and have some upside sector exposure and put future money into better things

[Anonymous No.50162351]

>>50162238
>I put like $200
NGMI.
Even with crypto you need 5k in to be able to make it. $200 is not enough capital to gamble and make it.

[Anonymous No.50162425]

>>50162351
Wasnt trying to gamble, I was less experienced 18 months ago. Now I have CMRX and uranium bags worth about $3000 total that I write calls against

[Anonymous No.50162431]

Alright Irving bro. So here's what I see. First of all, going back to it's inception, you can see that we're pretty much at a floor. The blue line is a pretty solid support I have drawn and we are right up against it. We are over sold on weekly and daily RSI's.

[Anonymous No.50162444]

>>50162431
So basically, take out the entire hype of the silver squeeze, the entire gold spike of covid and every exciting discovery Irving has ever made and that's the price Irving is at today.

[Anonymous No.50162532]

>>50162431
Looking at the shorter near time time frame, I see a chart that is clearly in a downtrend, price is below the 18 day average (red line) which is the "sentiment indicator" which indicates that the market is bearish. Not only that but the 18 day recently crossed under the 200 which is what I believe is referred to as a "bearish death cross". the 50 (purple) also crossed under the 100 (green) which interpret as bearish.

However, This stock is basically almost at rock bottom. Even though these charts are bearish, you're basically in the basement at this point. You have a pretty solid support coming up at the blue line which has held considerably over the years and you aren't even over sold or embedded on RSI or anything. Rsi Is about at the middle.

So if you're wondering how much lower price can go either to buy in or for alleviating your personal anxiety, I would say i don't think it can go much lower.The nearest downside price target I can see on that is .72 which is not only the lwoer bollinger band but that blue support line as well so it would be pretty tough for price to break through that point. .72 is only 6% down from where we are now so if you're looking at buying at a lower level I'd say this is pretty much it. I'd be seriously shocked to see price break that much further to the downside even though it is possible of course. This stock has priced out Covid, any discoveries they have, and the entire silver squeeze. I don't think anything short of a nuclear war could bring it down further but maybe the fed rate hikes can fuck with it a little bit but like I say with my own personal timeline I don't see this shit continuing much longer than three months.

[Anonymous No.50162544]

>>50162532
Chart

[Anonymous No.50162580]

>>50162532
One thing we do in investing is we come up with a "risk to reward ratio"..... I don't know exactly how that is calculated but in this case I will say that your probably absolute worst case downside scenario is .40 which was the price in July 2017. and your upside case is $3.34 which is the silver squeeze post covid pump so I really don't see any downside in holding this stock if you are a believer in Irving. that would be a downside risk of 46% and an upside reward of 323%. I believe they'd call that a 7 to 1 risk reward scenario and a 3 to 1 is considered pretty good?

[Anonymous No.50162751]

>>50160716
>don’t time the market, just buy materials

[Anonymous No.50162941]

>>50158101
this everything downturn is taking a toll on my mental health. i'm not even strapped for cash, but i could use a win soon, just for morale's sake

[Anonymous No.50162963]

>>50162941
I'm buying SQQQ and making money as the market goes down for the enxt few weeks. Gold and silver miners going down I don't care unless they go bankrupt. I don't see much more downside.
>>50162941

>win.

Yup. These markets are fucked.

[Anonymous No.50162978]

>>50161600
fake news

[Anonymous No.50164087]

Vid with Tavi.
https://youtu.be/xrzO1ulPAsQ

[Anonymous No.50164449]

>>50162963
>I'm buying SQQQ and making money as the market goes down for the enxt few weeks
You feeling any better about Gary Savage's bottom call after the weekend?
Also is after that few weeks when you plan to return to Oil/Athabasca?

[Anonymous No.50164477]

>>50162963
>>50164449
Reason I ask is I'm seeing everyone calling for a recession both on and off /biz/ and it's setting off my contrarian urges

[Anonymous No.50164485]

Today´s “paper gold” derivative transactions constitute a genuine pure-bred Ponzi scheme exceeding many-fold the real gold bullion theoretically behind them, probably with a 100 to 1 ratio or higher as London´s Square Mile knows all too well. Of course, the ECB, the IMF and the BIS would also claim it actually is “their” gold no ?

British economist Peter Warburton was 100% correct when he described that Westerncentral banks were using derivatives to control commodity prices and protect government currencies against the public’s recognition of currency devaluation. Warburton’s essay “The Debasement of World Currency: It Is Inflation But Not as We Know It” is posted at https://www.gata.org/node/8303

https://www.zerohedge.com/geopolitical/unfinished-brexit-business-natos-internal-gold-war

[Anonymous No.50164654]

>>50164477
That "everyone" is a miniscule fraction and doesn't reflect the groupthink, not even close. So if /biz/pol/ is saying there's a recession (there is and it's obviously started) and the herd is saying everything is fine everyone is safe, then it's happening.
Pretty sure today is when there officially will be a recession announced in murrica anyway, 2 quarters of negative GDP growth.

[Anonymous No.50164847]

>>50164654
>That "everyone" is a miniscule fraction and doesn't reflect the groupthink, not even close.
Yeah I'm probably overthinking it and am without enough normie exposure

[Anonymous No.50166070]

>>50158080
Lots of reputations ruined on this one.

[Anonymous No.50166126]

>>50158080
Ready for $3, natty hoes?

[Anonymous No.50166173]

AFM halted
https://ceo.ca/@newswire/iiroc-trading-halt-afm-ac555

[Anonymous No.50166258]

>>50166070
Powers is a POS. Will never watch anything he's involved in again. There are so many in the sector who will pump dogshit for a buck

[Anonymous No.50166326]

Alexco gobbled up by Hecla. Alexco another horrible /pmg/ pick that turns out to be a giant loser

[Anonymous No.50166500]

>>50164087
Tavi is a tennis player who was working at a countryclub instructing tennis a few years ago when he was approached to give stonks a try. He's a newbie learning on the fly

[Anonymous No.50166508]

>>50166258
>There are so many in the sector who will pump dogshit for a buck
its the whole fucking gold and silver sector, which i actually find more despicable than regular wall street. at least when i'm dealing with wall street i KNOW those guys are trying to fuck me over. people invest in gold and silver because they want to get away from manipulated phony fiat currencies but then they have to deal with pump n dumpers and straight up scams in the mining sector. the junior mining sector is somehow even less trustable than regular wall street

fucking idiots like bob moriarty, david morgan, half the guests on palisades gold radio - every year is the year that "the dollar finally craters" or "silver finally moons" or "the gov't cant keep this up much longer" - its all fear-based bullshit designed to get you to pump their bags. i hate these niggers so goddamn much

[PAN MAN No.50166628]

>>50166326
Alexco is yet again one of the juniors having issues getting their production plans in order. It didnt really ever sound like it was incompetence on their part though, their project is very remote making shipping costs high. Now tack on a more difficult market to operate in and it makes things even harder. Hecla was interested in them for some time, so this is probably the best outcome for all involved.

[Anonymous No.50167068]

I wish we'd gotten the memo that the great reset could involve smashing silver back to 2020 lows under $12

[Anonymous No.50167507]

oilsisters... about to drop below 100

[Anonymous No.50167583]

what the fuck is happening

[Anonymous No.50167654]

Got some more Encore yesterday, the more I buy this company the more I like it.

Threw the rest of my money into ENDP because commodities are probably going to keep on dropping like a rock, felt like getting something that might actually go up.
It's a drug company that's been getting fucked to the ground by lawsuits for like 14 years. But now they won that long anti trust battle among others and are good for a liftoff. They went from a high $90 to 50 cents without doing any splits. 3 bil revenue and over 3000 people working for it, but only 130 bil MC which is absurd.
This thing has retarded potential if it returns to even half of what it used to be, might be worth taking a look at.

[Anonymous No.50167658]

>>50167583
Plebs starting to realize we are in for a serious recession.

[Anonymous No.50167672]

>>50167583
everybody selling so we can buy cheap
CASHGANG WW@?

[Anonymous No.50167742]

>>50167672
100% cash reporting in, feeling rather comfy rn

[Anonymous No.50167750]

>>50167068
USD bros we're mooning oooooooh

[Anonymous No.50168204]

WE ARE GETTING RUGGED BROS

[Anonymous No.50168288]

>>50167672
>CASHGANG
reporting. been here all year. shits boring man i want to trade and not just sit around in cash

>>50167583
>what the fuck is happening
pic related. -you are here-

[Anonymous No.50168301]

>>50168204
it really was a pet rock all this time... wasn't it.

[Anonymous No.50168308]

Anyone can explain or link resource to understand where we are going? Are we going to just keep dropping with everyone else or are we going to suddenly shoot up and leave everyone behind so fast they can't buy in without paying dearly?

[Anonymous No.50168337]

We still got 2 weeks till cpi drops. If this is high will normies think we are in a stagflation?

[Anonymous No.50168578]

>>50168308
We (gold holders) gonna pump when the economy shits the bed. Probably every time jobs or GDP numbers release. We dump when dollar goes higher, probably oil going down is also negative for gold. That is the gist of it. Also we go down if market panic crashes. Couldn't fault someone being mostly in cash, but as a europoor I sleep comfy holding bullion. Still not selling my expo miners. Recession is bad for other commodities though, m'kay.

[Anonymous No.50168765]

>>50168308
i just fucking posted it, moron. >>50168288
do you faggots even read through the thread or just come here to get spoonfed?

you are in quad 4 - deflation where everything goes down except USD and Gold basically. Gold will sell off too but just not as much as stocks and other asset classes

[Anonymous No.50169003]

>>50168765
Where are the other 3 quads for knowledge purposes.

[Anonymous No.50169004]

Tell me your favorite oil ticker

do it now

[Anonymous No.50169086]

>>50169003
Found it nvm it's the GIP model

[Anonymous No.50169137]

>>50169086
here is the version i have. not sure which one is more up to date

[Anonymous No.50169179]

>>50160547
You know how the jews got filthy rich right after ww2? They bought lumber. Guess why. Stay poor faggot.

[Anonymous No.50169239]

>>50164449
Nevermind everything's shitting itself since I asked anyway lol

[Anonymous No.50169373]

>>50169137
It looks the same but yours is broken down more.

[Anonymous No.50169440]

>>50168765
I refuse to believe it, is why. I thought we were the smart money in a safe haven?

[Anonymous No.50169545]

>>50169440
>I thought we were the smart money in a safe haven?
thats what every guest on Palisades Gold radio will tell you. never listen to goldbugs for overall investing advice

[Anonymous No.50169612]

>>50169179
To build property?
No really tell me. With a lot of dead males, why would thet need lumber

[Anonymous No.50169686]

>>50169545
So literally what everyone here said is bad will do well, and what everyone said is good will do bad?

[Anonymous No.50169766]

Trillion Bros.. last week I said I was a buyer at .23c.. never pulled the trigger thankfully. Maybe .17c buy-in based on historic demand zones now.

Also, a decent video going in-depth on the recent PP that has cause many to sour their expectations of the company:

https://youtu.be/5lasWvoCyUI

[Anonymous No.50169797]

https://ceo.ca/@nasdaq/rio2s-fenix-gold-project-eia-is-not-approved

Rio2 had their permit DENIED. The mine is right next to Kinross new mine they just put into production btw and they have another large long life project in the area as well, I'm guessing the chance of getting that approved just dropped significantly. Kinross has had really bad jurisdictional luck lately.
Chile seems to be closed for business.

[Anonymous No.50169866]

>>50169686
depends on if you're talking long-term or short-term. short-term USD will beat everything, long-term inflation devalues the USD so you dont want to hold it for years at a time

[Anonymous No.50169876]

CRUDE BELOW 100

[Anonymous No.50169925]

FUCK ALL COMMODITIES
ESPECIALLY PRECIOUS METALS
THE KINGS OF WORTHLESS SHIT

[Anonymous No.50169975]

>>50158080
>andy pivoting to anti-vax schizo chud material
it's over

[Anonymous No.50170223]

its over bros.

[Anonymous No.50170240]

>>50169766
>last week I said I was a buyer at .23c..
That was me you were speaking to about it I think and I did leave my buy order open at .23 lol. Oh well, I'll just slurp more if it hits .17.
Good video too, thanks.

[Anonymous No.50170248]

>>50170223
All this panic is a strong buy signal.

Two more weeks.

[Anonymous No.50170276]

>>50169797
Couldn't have happened to a bigger pair of douchebags than Alex Black and his lackey, Mark Turner, aka, Otto Rock.

[Anonymous No.50170277]

Heh. You gold hoarding punks always doubted me. You mommy's-little-tycoon oil fags always doubted me. Natural gas? Here's some natural gas straight from my ass for you to sniff. Silver? Ahahah yeah you go ahead and break the COMEX there, champ.

I told you fucking punks time and time again it was a MACRO thesis. The smart money is in the BOND market, not the retarded stepchild stock market, where most of you reside. But what did you do instead of liking and subscribing to my YouTube videos? You mocked me. Steven "Scam" Metre you called me. You made fun of my wood paneling background so much that I bought a greenscreen and now there's picture of a castle in the background. Try to make fun of THAT you fuckers. The castle represents the Bond Kingdom, in which I will reside and where you will be my subjects. Brent Johnson as my right-hand man and Milk Shake Minister.

Yeah but you keep slurping those commodities dips, fuckers. Meanwhile Brent Johnson and I will be slurping milkshakes in celebration of the Dollar Milkshake Theory validation. Gregory Mannarino will be the guest of honor, as he has rightly called this whole time the collapse will begin in the bond market, not the stock market. Peter Schiff has already RSVP'd. This is the incomplete list of those NOT invited:

Lyn Alden
Max Keiser
Jeremy Lefebvre
The Blockworks kid with the stupid face
Anthony Pompliano
Palisades Gold Radio
Anyone from Kitco News
Sergey Nazarov
Satoshi Nakamoto
David Hunter
Cathy Woods

[Anonymous No.50170326]

>>50170276
Don't know much about them but I remember reading their CEOs twitter and finding out he was a lefty which completely turned me off investing.

[Anonymous No.50170361]

>>50170277
kek'd and check'd

[Anonymous No.50170373]

Picrel

[Anonymous No.50170458]

>>50170277
based and checked

[Anonymous No.50170479]

>>50170326
Yes, both he and his paid lackey are wokesters. Now they are reaping what they sowed. Fuck them.
I knew this project was fucked when Black came out with his scheme to haul water in tankers up a 100-mile unpaved mountain road, one every 20 minutes.

[Anonymous No.50170483]

>>50169766
I'll have to watch. So far I'm not concerned. I'll be worried if he pushes back the timeline on this first rig again. I'll take a PP, I'll take a delay, but I'm not taking a bunch of PPs and a bunch of delays.

[Anonymous No.50170544]

>>50169766
Are you sure that's the right video? The biggest bear case presented there is still a multibagger.

[Anonymous No.50170551]

Good day, bros. Sold puts on GDX, GDXJ, SILJ, and URNM this morning. Hope everyone has a nice week.

[Anonymous No.50170598]

Also, boughted some silver Krugerands for less than $24 a piece.

[Anonymous No.50170644]

>>50170483
I mean it was delayed slightly already. We were expected late July spud and then that was changed to Uranus starting to move late July, early August spud. In his latest NR Arthur mentions that Uranus will arrive early August.

[Anonymous No.50170659]

>>50170479
Yeah I'm surprised I believe it was Wheaton decided to give them a large financing package, but I suppose that was contingent on them getting the permit, so no loss yet.

[Anonymous No.50170755]

>>50158080
Happening anons, the site i used to order from is 100% out of stock with silver...

https://www.europeanmint.com/silver-bullion/

[Anonymous No.50170947]

I hope this collapse goes on all the way to the end of this year, I really want to see those cheap 2020 prices once more before we really start going up.

[Anonymous No.50171089]

>>50170755
Their VAT exemption ended on july first, had a big sale and blocked silver sales since then to adjust.
Not sold out sorry.

[Anonymous No.50171162]

>>50170755

[Anonymous No.50171237]

>>50169137
>>50169086
We aren't in deflation. We're in stagflation. You'll see.

[Anonymous No.50171324]

https://www.youtube.com/watch?v=r8vgK5MwIQM


>>50158080
those not in cash... I weep for you

[Anonymous No.50171352]

>>50170277
They're laughing https://www.youtube.com/watch?v=EJ7x99a_oG0

[Anonymous No.50171561]

Coal chads, still barely a scratch on BTU, barely a scratch on ARCH. Coal will melt faces in the coming years. More Afrika, more coal burning, there should be no discussion about this.

[Anonymous No.50171665]

AHEM....bayhorse silver

[Anonymous No.50171743]

>>50171665
horsesisters... did graeme lie to us? is he still in thailand? when is the mine starting up?

[Anonymous No.50172073]

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

I clearly have no idea what to do with my money. Someone help.

[Anonymous No.50172105]

>>50171743
yes

[Anonymous No.50172492]

>>50162580
>>50162544
>>50162444
>>50162532
>>50162431
thank you very much. I was trying to gauge the chances of a bigger dip since I already have 2k shares. I'm not the only one thinking we can visit those 0.8CAD (0.6$) and lower, see picrel.

There seems to have another floor around 0.65CAD (0.45$); that's where I want to bet big and double/triple my position, a dip to 40MC would be godlike.

[Anonymous No.50172593]

>>50171743
trust the plan, 2 more weeks

[Anonymous No.50172651]

>>50166326
Stop lying dumb shit, no one EVER shilled this pick here. Same for Aurcana, one retard bought big in 2020 and everyone else mocked him.

[Anonymous No.50172954]

>>50172593
>cherrypicking
Your kind deserve the rope.

[Anonymous No.50172984]

[Anonymous No.50173575]

>>50172593
Nothing wrong with believing in bayhorse back then but it was clear about six months ago they were a failure.

[Anonymous No.50173610]

the rick rule vid is gone

[Anonymous No.50173651]

>>50171665
FUCKING BAY HORSE

[Anonymous No.50173673]

>>50173575
And to be fair while the extreme hype was obviously unrealistic and it may never have had great risk/reward, these small upstarts will always have very high risk and high potential reward. So the company failing (so far) doesn't exactly prove that it was an awful investment all along. That's like saying betting on red was stupid after the roullette spin landed on black.

[Anonymous No.50173697]

The market makes no sense

Bought gold and Lost about 1k already

Bought stokes and Lost 5k

Fuck I quit

[PAN MAN No.50173708]

>>50169797
what the fuck? I guess Chile really does want to tell its mining sector to fuck off.

[Anonymous No.50173762]

>>50173697
time to just stick with mtg and pokemon commodities

[Anonymous No.50173959]

>>50172651
>>50172651
you know archives exist retarded fren

>>/biz/

[Anonymous No.50173990]

>>50173697
The market makes plenty of sense if you consider how insanely inflated everything has been and still is.
We aren't even at the levels we were 2 years ago which is fucking nuts considering how much we have already fallen. We have been climbing that hard in the last couple of years and it's easy to forget.
Gold isn't going to perform all that well before the dollar shits the bed. It's the only currency that matters and it'll be a good while away before it gets fucked.
And many of these mining stocks like Uranium pulled 10-20x runs from their bottoms and if you got in then you're still up like 5-10x in many of them.

We have simply been riding so insanely high that falling 50% makes everything look absurdly low, though you'd still be up considerably if you got in before these stocks jumped.
I'm soon down 50% myself, but I don't mind one bit. I wouldn't be surprised if I ended up taking a beating to the tune of 70-80% in the grand scheme of things before we go up.
Just treat this as a great buying opportunity.
Fundamentally the energy situation is completely fucked and no matter what happens with the price short term, it's not doing shit to fix the actual problems.
They're also unable to control the inflation and if they go back to money printing it'll get a lot worse really damn fast.
In couple of years we'll be kicking ourselves for not loading up on more stocks and metals when they were this cheap.

[Anonymous No.50174009]

>>50173762
Finally some sensible advice. How much do you have? I have ~25 sealed with $4k and another $1200 in RL singles.

To make it actually on topic to the thread: now that a recession seems inevitable and all asset classes are down, how has the current macro situation affected cash inflows and outflows to this alternate asset class?
Eg, have the prices of old boxes gone down significantly? Is the 2020 era and newer stuff a write off? How are RL prices holding up?

[Anonymous No.50174022]

>>50173708
Yeah, the reason given, a chinchilla was spotted nearby and might get disturbed, seems a bit far fetched. They were looking for any reason to block it. Might also have been the trucking of water that put them off, but just chose this reason because it was easier to get away with.

[Anonymous No.50174216]

>>50173990
This.

[Anonymous No.50174285]

>>50172492
>>50162580
https://www.zerohedge.com/energy/oil-crashing-recession-risks-rise-dollar-soars

https://www.zerohedge.com/markets/many-unholy-trinities-ecb-failure-almost-guaranteed

https://www.zerohedge.com/markets/2s5s-inverts-first-time-covid-lockdowns-fed-rate-trajectory-tumbles

Yeah I think I'll bet on IRV crashing and put my stinkbid.

[Anonymous No.50174295]

>>50174009
This shit will have zero value unless you think people will eat those cards for food

[Anonymous No.50174371]

I am financially ruined.

[Anonymous No.50174453]

>>50174295
I plan to hold them for at least 5 years, I'll reassess it annually after that. It's not like I need the money. Most boxes stay flat or at a loss for the first 5-7 years after their printing, then start to appreciate 2-4% a year and then shoot up after 10-20. Even stuff printed in like 2003 when I started playing is up to like $2000+ now (retailed for $120).

In a doomsday scenario where people are starving for food, equities are just as edible. My point is, anyone who is stable and can inject more capital into any asset class will be doing very well a few years from now. Think about how many Americans live paycheck to paycheck

[Anonymous No.50174466]

>>50174285
It's only down a couple percent today where other miners are down 17%

[Anonymous No.50174898]

>>50174453
Lol a bought like 40 of Pokémon XY Evolutions ETBs in late 2020 and sold them for a 2x a few months ago. I did so since I needed some cash for picrel but also because I saw recession warning signs and knew hobby cards would be the one of first victims if people get desperate. I still have some Pokémon and hockey/basketball but not buying any more of that cardboard.

[Anonymous No.50175067]

>>50174898
I know very little about Pokemon, only that people were literally grabbing boxes off the shelf at Walmart as soon as the MJ Holdings vendors were stocking them, so they could crack them and flip the singles online. Now that the free tendies ride is over, a lot of people are liquidating whatever they're holding.
Actually, it's a blessing, because it means a lot less supply is left, followed by a sharp cut in market prices. If you were a long term investor, now is a great time to buy. But good on you for making a profit on it. Otherwise I sell a few mtg singles on ebay here and there. Nothing much, I get about $1k/year

[Anonymous No.50175922]

I wonder what others countries do to celebrate July 4th

[Anonymous No.50175964]

>>50162751
This but unironically

[Anonymous No.50176029]

>>50169612
Caskets

[Anonymous No.50176185]

sure glad i bought those silver and gold mining ETFs

[Anonymous No.50176193]

A few weeks ago I posted about nine mile metals releasing some huge XRF results as a precursor to official assays. Today they got the formal assay results back and beat the XRF analysis.
https://ceo.ca/@newsfile/nine-mile-metals-announces-certified-drill-results
Pretty huge for a 12 mill MC. Might see it explode tomorrow even in this crap market. Or maybe not, we are in some awkward times.

[Anonymous No.50176200]

>>50173673
>calculated, purposeful investments are like gambling
You got any DD on black VS red?
What's the market cap on those? Git a link or any other sources to share on how to guess correctly?

[Anonymous No.50176249]

>>50176029
Isn't cremation more popular now, though?

[Anonymous No.50176293]

we made a huge mistake
we should have just been holding cash
why isnt there a cash general /cg/?
cash is a commodity too you know.

[Anonymous No.50176349]

>>50176185
So glad we got out of USD. The collapse is right around the corner, trump will assassinate biden, china will implode, those guns and can foods will come in handy, unvaxxed men will have a harem of 10/10s, and silver and gold will be the nwo. Anything I missed in store for us commodity smart money investors?

[Anonymous No.50176382]

Blue Lagoon bros… I am close to dumping the rest of these worthless shares onto the market and abandoning ship. It’s sinking uncontrollably bros

[Anonymous No.50176413]

>>50176349
the rope

[Anonymous No.50176425]

>>50176185
>>50176293
>>50176349
>>50176382
never change anons

[Anonymous No.50176428]

>>50176200
My point is that you can't predict how a small upstart like bayhorse will turnout, there will always be a great deal of uncertainty. A better analogy might be poker. A single bet on bayhorse is like a single hand or you could say 20 hands of play. You can play like a pro but variance can still easily fuck you in the ass short term.

[Anonymous No.50176470]

>>50176428
You can play a hand perfectly and still lose is what I'm saying. The outcome doesn't always determine whether a bet is placed correctly or not.

[Anonymous No.50176575]

>>50176425
We bought the bottom of miners in 2019.
We bought the bottom in 2020.
Then 2021.
Now again in 2022, this is the bottom?
Meanwhile SOXL and Tesla fucks bought and held and made a beautiful profit if they sold anytime before the new year. Gas prices could be $10 and oil would still be dropping.

[Anonymous No.50176839]

>>50176575
You are describing why it's so hard to be a contrarian. You look dumb and wrong for years before getting your reward. We are targetting lifechanging gains, not pocket change.

No one buy the bottom and sell the top.

No one time the change in sector trend.

You are trying the impossible and despair looking at other people's gain. Everyone miss opportunity. You should def look at the big short again and see for how long they looked retarded. I don't care how my portfolio does before the real move, I know how it ends.

Of course, everything I said don't apply if you are a swingoids trying to catch every upleg in every sector.

[Anonymous No.50176868]

>>50176839
>>50176575
Again, don't forget why you invest in physical PM and miner.

[Anonymous No.50176905]

>>50176868
>>50176839
>>50176575
>even women's magazines fostered and capitalized on this fascination
The only thing that we learn from history is that we learn nothing from history.

[Anonymous No.50176932]

>>50176839
Tell me something to buy on friday then, I will die penniless with useless stock rather than love life as a normie check to check faggot.

[Anonymous No.50176941]

>>50176868
>>50176905
This is actually reassuring, because it just means things will happen again and again, and people with the patience to enjoy cycles with make off like bandits.

[Anonymous No.50177226]

>>50176932
Eskay, Eloro and Lion One completely erased the gains from those monstruous drill hole results. That's how retared the average investor is. I'm also all-in just like you, I refuse to not be all-in, being a wageslave is a darker future than being rugpulled.

It's impossible to overpay right now. Every quality junior is deep in the dirt.

[Anonymous No.50177387]

>>50177226
I swear if we survive this, lets go out for drinks and women. I want to live day 1 as the 1% to make up for the past years of absolute and complete bullshit.

[Anonymous No.50177409]

why is oil crashing? is it some jewish trickery

[Anonymous No.50177538]

>>50177226
Well, copper and gold are getting completely fucked so at least this sell off is based off of more than general market anxiety.

[Anonymous No.50177543]

>>50176249
>now
>ww2
Anon....

[Anonymous No.50177587]

>>50176470
>>50176428
It's almost like investing and gambling aren't the same and have absolutely nothing in common save for the fact that retards don't understand how they work
That's why you're here. Stating exactly that
>zero sum game
Nope

[Anonymous No.50177637]

>>50177587
I was a professional poker player, I understand it perfectly well. Bro do you know what an analogy is?

[Anonymous No.50177730]

>>50177587
>investing and gambling aren't the same and have absolutely nothing in common
yes they do. probabilities, risk vs reward (pot odds), position sizing (betting). you're a fucking retard. alot of traders are good poker players too

[Anonymous No.50177755]

>>50177637
>piss poor analogy with zero correlation
And just like gambling, there can be only one winner, right baka-san?

[Anonymous No.50177784]

>>50177730
Found another retard

[Anonymous No.50177828]

>>50177543
The whole conversation chain was that "Jews invested in materials and got rich (caskets, post-WW2)"
What materials are they investing in this time? It's not lumber, because we don't have mass deaths, unless you count Covid - and like I said, cremation was preferred because it was faster and cheaper than burial.

[Anonymous No.50177893]

>>50177784
fuck off lassen

[Anonymous No.50177958]

>>50177755
There can be more than one winner when gambling. Like the other guy said there's plenty of similarities, it's all about analyzing parameters and making money, being +ev as we used to say, making bets that are positive expected value.
My point was about being results oriented, a lot of people will think that because bayhorse was a fail it was necessarily a terrible investment and that's not true even though it may be. In poker that term was used a lot because the results of a hand would influence players when analyzing it, they will think that they played it well because they won or if they lost they feel like they must have done something wrong when that can easily not be the case due to the variance factor of a single hand.

[Anonymous No.50178020]

>>50177828
Copper
PMGs
Silver

I read something on Thuyssen Krupp being undervalued but volatile, but with anything related to construction taking a massive hit from Evergrande and China RE tanking, it's anyone's guess

[Anonymous No.50178662]

What the fuck is happening?

Why is gold crashing?
When will it go back up?

[Anonymous No.50178784]

Aren't we in stagflation?

Shouldn't this mean gold go up?

[Anonymous No.50178833]

>>50178020
Best place to get physical copper?
I got some cool ones that were definitely overpriced but not planning on selling

[Anonymous No.50178887]

>>50166508
You have a point but there are more credible people like Zoltan Pozsar and Gundlach who are saying commodities are about to have their day. Don't give up because of the /pol/-tier fucktards like the Palisades crowd.

[Anonymous No.50178888]

>>50178784
Yes but first we have a crash, gold will go up after.

[Anonymous No.50178901]

>>50158080
Andy threw in the towel today, it's over. The world doesn't need commodities. Leftists have figured out that they can generate all of the electricity they need using the power of the racial justice and produce animal feed for the insect farms by decomposing the bodies of White people. Oil, uranium and metals are no longer needed for the world of tomorrow, which is here today. The Great Reset is now and they're truly building back better.

[Anonymous No.50178907]

>>50178888
How long after?
Years?

[Anonymous No.50178989]

>>50178907
No, just look at what happened in 08, gold went up rather quickly after the big crash, we're talking months. Economy won't do a V shape this time though so stocks will probably stay behind while gold goes up. Not to 5000 but I think we'll retake 2000 at least for good within 12 months.

[Anonymous No.50178997]

>>50178907
2 more weeks + soon(tm). If you haven't got the patience, just dump.

[Anonymous No.50179121]

Ah yes, oil drops 10%. The market is finally pricing in the collapse of western civilization.

[Anonymous No.50179404]

>>50177893
Nah. Too funny watching all this

[Anonymous No.50179914]

>>50161267
Is it a Jew?

[Anonymous No.50180089]

>>50178989
>>50178997

How low will gold drop when it does?

[Anonymous No.50180090]

Is this dollar milkshake?

[Anonymous No.50180176]

>>50180089
I think like 1700, impossible to say for sure obv. If we see a big crash gold could easily go lower, but I think it would only be for a very short time until the fed steps in because it has become too "disorderly".

[Anonymous No.50180232]

>>50167672
I lost $9k in the commodity DLC of the virtual shitcoin casino. I still have $150k though so it's all good, I guess.

[Anonymous No.50180321]

>>50180232
That's my number too, in bitcoin, after losing $350,000 in bitcoin lol

[Anonymous No.50180564]

>>50180321
>>50180232
Down 77k on my Blue Lagoon position, 50k on my GDXJ. Added both today. Don’t really give a shit. This clown market is so beyond parody I just add and forget about the fact that gold and silver stock will eventually rally sharply and I’ll be rich. Gotta live in the moment, no matter how clownishly painful it is.

[Anonymous No.50181059]

>>50180090
It might be. I'll 100% believe it when the dxy crosses 110.

[Anonymous No.50181136]

As Warren Buffett put it: “The stock market is a device which transfers money from the impatient to the patient.”
>https://www.washingtonpost.com/archive/business/1998/02/04/buffett-discloses-big-silver-purchases/bc2c4d12-e997-4932-8a10-d62ec4ede139/
Hope you gentlemen have a lovely week. I'm packing to go for a little camping and fishing trip. Keep it in the green

[Anonymous No.50181235]

>>50158080

[Anonymous No.50181692]

uh aus bros... what happened

[Anonymous No.50182474]

Is Nuclear "green"? Final vote on the bill tomorrow in the EU
https://www.reuters.com/business/sustainable-business/eus-green-gas-nuclear-investment-rules-head-final-vote-2022-07-05/

Anyone see what time?

[Anonymous No.50182564]

>>50182474
At this rate they'll be calling lignite green.

[Anonymous No.50183038]

>>50181235
Does this mean Grahame is upgrading his ore sorter, or is this the start of company liquidation?

I somehow still have 25k shares of BHS. Not selling but damn glad I never went full out on this, especially with the current economic backdrop we have going against every jr miner

[Anonymous No.50183193]

>>50183038
This is an old picture that's been posted in this general for many months. The implication is that Graeme has no intention of mining and is simply using mining equipment as props for media releases to entice and trick investors into funding him.

[Anonymous No.50183483]

>>50181692
>PEN still above 15 cents
You made me look

[Anonymous No.50183598]

>>50180564
Amen

[Anonymous No.50184141]

>>50180564
I love how the NASDAQ pumped today while everything else was down. A complete clown market.

[Anonymous No.50184166]

>>50181136
This is from 1998 you fuck

[Anonymous No.50184652]

New horde of REE resources found in Turkey

https://news.metal.com/newscontent/101881567/Turkey-Discovers-694-million-mt-of-Rare-Earth-Element-Reserves-with-Infrastructure-Construction-Starting-This-Year/

[Anonymous No.50184654]

Cheapies are coming whether we like it or not.

I have put my stinkbid on Irving at 0.65CAD.

[Anonymous No.50184745]

>>50184141
Fund managers are unironically rotating their money out of commodities and back into Big Tech, even though there are structural commodity shortages that won't be solved any time soon. It doesn't make any sense except as a momentum trade.

[Anonymous No.50184749]

Crypto sisters... Not like this... https://www.nist.gov/news-events/news/2022/07/nist-announces-first-four-quantum-resistant-cryptographic-algorithms

[Anonymous No.50186124]

Image Resources back at 18 cents. Huh.

[Anonymous No.50186281]

>>50184745
The fed pumped the NASDAQ today. This market is gay and the government is extra gay.

Why can't we be ruled by Chad dictators instead of weak beta male faggots and shrieking harpy bitches?

[Anonymous No.50186580]

>>50183038
That's a very old photoshop

[Anonymous No.50187064]

>>50186281
Weak men hard times blabla

[Anonymous No.50187851]

Looks like uranium is back on the menu boys

[Anonymous No.50188099]

this might be the break we've been waiting for uranium bros, unless it was already priced in

[Anonymous No.50188135]

>>50188099
Didn't they declare that a while ago? Or at least some countries within the EU. I remember hearing France or Germany had said it at some point but I could be wrong

[Anonymous No.50188281]

>>50183038
Imagine being this big of a noob in CMMG and not knowing the classic memes.

[Anonymous No.50188306]

>>50188281
Also he doesn't understand the Timeline for Bayhorse and what phase we are in.

[Anonymous No.50188337]

>>50188306
This is the better one

[Anonymous No.50188509]

I hate how this guy looks and acts. But he is somehow right and called Bitcoin dropping off a cliff. He's still bullish on gold so that's a positive for us.

[Anonymous No.50188558]

>>50188509
He's one of the broken clocks. Not gonna take people like this too seriously just because they were right when something was 100% obvious and also just 100% broken clock.

[Anonymous No.50188846]

>>50188509
>>50188558
gareth is a technical trader, he trades based off of charts and general monetary policy. remember the best traders are only right like 60% of the time, so you have to take it all w/ a grain of salt. gareth is not a long term investor, he is a trader so granted he's going to get 40% of his calls wrong. so just limit your position sizing if you want to copy gareth's trades

[Anonymous No.50189345]

We got too cocky Jap bros

[Anonymous No.50189489]

Lagoon posted a few more drill results.

[Anonymous No.50189672]

>>50189489
where's Rana's length?

[Anonymous No.50189729]

>>50189489
odds of Japan wagmi dipping

[PAN MAN No.50189771]

>>50189489
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2710-cse/bllg/124396-blue-lagoon-encounters-significant-mineralization-on-the-boulder-vein-adds-over-200-meters-of-strike-length-to-previous-deep-intercept-200-meters-below-current-resource.html

Its honestly pretty good news, the deeper they drill the more vein they encounter. It may also be widening with depth, which would be great to hear. Its going to be interesting seeing what else they hit with drilling the deeper they go.

[Anonymous No.50189773]

Thoughts on this? Watching now.
>>50185010

[Anonymous No.50190018]

>>50189773
Lol I was just about to post the link to that thread. Lots of good discussion. I made sure OP knew that the continental US is still home to some 3 trillion tonnes of untouched coal resources, in case there is a supply disruption for oil/gas. Look at Germany right now, hastily switching back to coal in the midst of their stupidly that has precipitated this current EU crisis.

Speaking of which, here’s an article detailing some of Turkeys gas infrastructure that will surely involve Trillion once Art gets SASB finally going and stops diluting!

https://eurasianet.org/turkey-looking-to-transit-turkmen-gas-via-azerbaijan

[Anonymous No.50190069]

when is our moment to shine, polybros?

[Anonymous No.50190083]

>>50189773
>>50190018
>40 posts by this ID
looks like someone has a large oil short position and has started a thread to FUD people into pumping his bags

[Anonymous No.50190546]

https://www.cnbc.com/2022/06/15/jim-cramer-why-gold-is-a-winner-in-times-of-inflation.html

[Anonymous No.50190577]

BITCOIN BROS ON SUICIDE WATCH. JUST POSTED

[Anonymous No.50190724]

>all in on junior silver miners since fall 2020
>down 70%
>rate hikes until end of next year
i want to die

[Anonymous No.50190823]

>>50166508
>fucking idiots like bob moriarty, david morgan, half the guests on palisades gold radio - every year is the year that "the dollar finally craters" or "silver finally moons" or "the gov't cant keep this up much longer" - its all fear-based bullshit designed to get you to pump their bags. i hate these niggers so goddamn much
i bought into these people as well. they've been saying the same thing for a decade. it could honestly be 2030 or beyond before gold and silver have their day, if they ever do. hopefully i'll be dead before then because i'll have lost 100% of my money

[Anonymous No.50190832]

any agriculture traders in here? what do you think about shorting WEAT and CORN in the short term?

[Anonymous No.50190845]

>>50167068
omg fuck my life this will never ever end

[Anonymous No.50191099]

>>50190724
You got lured in at the top by shills. Hopefully, you learned something and will make your investment decisions less FOMO based in the future. Generally, if something like Wallstreetsilver reddit is a thing, you know the top is already in.

[Anonymous No.50191100]

New Gary Savage: Bloodbath phase, 5-7 days. Don't buy but don't sell.

https://www.youtube.com/channel/UCgiNs7gCxEvgBE1HHvoOKTQ

[Anonymous No.50191128]

>>50191100
>channel link
Ooops
https://www.youtube.com/watch?v=Iee4y4jeyT4

[Anonymous No.50191427]

Bros…

[Anonymous No.50191579]

>>50190724
>rate hikes until end of next year
Then you're in luck faggot, they're going to pivot in weeks, it's already over. You dipshits *need* to start paying attention to Jeff Snider/Eurodollar University.
I tried to get the faggot OP to add it to the OP but he was too much of a cuck.

[Anonymous No.50191616]

>>50191579
Send link

[Anonymous No.50191638]

>>50191616
YouTube.com

[Anonymous No.50191808]

>Tfw portfolio is about to touch -50%

Best or maybe the worst part is that I don't really even care.
I've been seeing so much red for so many months that I now just treat my portfolio as a fucked up savings account, that immediately erases at least 20% of whatever I put in there.
I actually wish this market keeps on getting even more fucked after whatever bear market rally we get next, because while it's painful seeing that much red the buying opportunities are great.
I'm expecting us to soon do a considerable rally which tricks everyone into thinking this is now over and then around early 2023 things get really fucking bad and we'll see the worst of this.

[Anonymous No.50191814]

>>50191579
>Jeff Snider/Eurodollar University.
anon can you sauce me a particular video or article that is relevant here?

[Anonymous No.50191865]

>>50191814
Go and watch like the last 5 or 6 videos on the channel. That should get you up to speed.

[Anonymous No.50191957]

>>50191579
>they're going to pivot in weeks, it's already over
then why is the market still pricing in another 6.65 rate hikes of 25bpls?
we have FOMC Minutes at 2pm today so we'll know more then

[Anonymous No.50191974]

>>50189729
https://ceo.ca/@nasdaq/irving-resources-announces-non-brokered-private-placements-42fda

I WANNA DIE CRESCAT TOOK POSITION IN IRV, MOTHERFUCKER RUINED MY SLURPING AHHHHHH

[Anonymous No.50192096]

>>50191974
dont worry, it will still go down just like every other junior miner

[Anonymous No.50192274]

>>50191957
https://youtu.be/_q0OML5YgnI

[Anonymous No.50192436]

>>50184166
That's when he bought and that's what they had to say about it then. Anon, we learn from history if we are lucky. Anyway...
Here's something more recent from the sage of Omaha
https://www.fxempire.com/forecasts/article/heres-why-warren-buffett-is-going-all-in-on-the-commodities-supercycle-1008094

[Anonymous No.50192683]

>>50176839
I read a few books and I am yoloing it into the theory. Regardless it has been educational and might make me some money to buy a yurt and 50 acres

[Anonymous No.50192740]

>>50191957
Look at what the 10Y is doing then tell me the market is pricing in that many rate hikes. The fed will hike for a few months and then we're going back to 0 for the foreseeable future (years and years)

[Anonymous No.50192870]

>>50192740
>The fed will hike for a few months
can they even go that long? (((analysts))) are expecting them to pause rate hikes in August or even this month

[Anonymous No.50192911]

>>50192870
Yes, as I said, they will pivot in *weeks*. My guess is 1st week of September.

[Anonymous No.50193058]

>>50192911
when they pivot, that's the admission that the dollar is toast. it's basically signaling that hyperinflation is the course we're on and we won't be able to get off. how would they ever raise rates again after 2018 and this year?

[Anonymous No.50193222]

Arthur Halleran is doing damage control with a presentation + Q&A. I think this is now the fourth time that drilling was slyly pushed back a couple of weeks. From July spud to Uranus arriving by July, to Uranus arriving end July - early August, to Uranus arriving sometime in August. Arthur did note that their contract does have penalties if Uranus is delayed beyond August so at least there is that. Also mentioned that there absolutely is a large scale shorting campaign but that it isn't coming from Echelon.

[Anonymous No.50193241]

>>50192740
>The fed will hike for a few months
...thats what 6.65 more rate hikes would be pretty much

1 rate hike = .25bps
6 rate hikes = 1.50bps in total
this would be 3 months of .50bps / each or 2 months of .75bps / each

which would bring us roughly to September / October as this guy thinks >>50192911

[Anonymous No.50193323]

>>50193222
If the shorting really isn't coming from Echelon/people involved in financing then that at least means that they have to cover shorts with open market purchases; although I honestly do have my doubts that Art was correct, especially given what happened a few months back, and may have even been forced by Echelon to make the statement. Anyway sorry for spamming Trillion shit for those with no positions.

[Anonymous No.50193520]

>>50192683
Galleon has assays coming that had visible gold, we have that to look forward to. hopefully we get lucky with bonanza intercepts

[Anonymous No.50193581]

>>50193520
Our patience will be rewarded fellow galleon chad

[Anonymous No.50193808]

>>50192911
Right on time for midterms

[Anonymous No.50193815]

>>50193581
Agree fren, might take some time but this will pay. Galleon just tweeted out this reminder today. And big intercepts this season pretty much guarantee additional money when needed from Eric

[Anonymous No.50193917]

>>50193808
>Right on time for midterms
fed policy lags and takes time to make its way through the market. inflation might not cool off that much in time for elections for the regular working people to notice anyway

[Anonymous No.50194054]

>>50191814
Eurodollar University has a podcast on Apple, not sure if it’s on google store but it should be. It’s right up there with Macro Voices and people like Darius Dale and Lynn Alden in terms of my favourite listens.

Jeff Snider is pretty much a contrarian compared to a lot of other people in this space, think Bond King but with an emphasis on the “plumbing” of the monetary system. Takes a bit of getting used to but it’s a great podcast.

[Anonymous No.50194196]

Hmm

https://www.zerohedge.com/commodities/opec-secretary-general-mohammed-barkindo-unexpectedly-dies

[Anonymous No.50194313]

>>50162532
>The nearest downside price target I can see on that is .72
>>50191974
Considering this news I wasn't expecting at all, fuck these dumbshit, I decided to bite the bullet and buy. At least, I bought near the bottom based on red.

Doubled my position with this order at 0.74$ Now have 4k7 shares. Should be able to reach 6k shares next month if it doesn't go up.

[Anonymous No.50194414]

Oil bros wtf...I thought energy was supposed to be recession proof

[Anonymous No.50194841]

>>50194313
I made that post the day before the blood bath lol. It might have added a little more downside but we will see. I'd be comfortable buying at these levels. You're getting the same entry as Crescatt.

[Anonymous No.50194866]

>>50194414
this is just normies and boomers on walllstreet. Long term it will outperform. I'm looking at buying back in next week.

[Anonymous No.50195080]

https://twitter.com/GlobalProTrader/status/1544720162296840193
>This is what #capitulation looks like...
>Note the RSI. #Gold

[Anonymous No.50195113]

Stewart Thomson is calling for a rally in miners beginning on friday

https://goldseek.com/article/gold-dollar-rally-time-both

[Anonymous No.50195206]

>>50195113
>Gold bugs dream of a day when the Fed and the government lose control of the dollar, and it plummets into the abyss against gold.
>That’s likely several years away but it’s coming. Rates will skyrocket as it happens… and may not come down for many decades.
>likely years away
:(

[Anonymous No.50195287]

>>50195113
That's when the unemployment numbers come out, which if negative could signal an early Fed pivot or backing off on rate hikes at least. If we go back to 50bps on July 28th, it might mean the pivot is as early as September/October.

[Anonymous No.50195498]

>>50158080
Fren's... commodity bloodbath with DXY topping and Euro/Yen bottoming. Commodity bottom will be in next week, probably around or just after Wednesday CPI numbers. Don't sell what you have because it's already too late, but get the dry powder ready to buy.

https://www.youtube.com/watch?v=Iee4y4jeyT4

[Anonymous No.50196287]

>>50195498
arent PM going down because people expect inflation to top?

[Anonymous No.50197026]

>>50196287
seems like PM's always go down no matter what

[Anonymous No.50197078]

>>50196287
>>50197026
>>50195498
Use this sheet to know where we are going

[Anonymous No.50197136]

>>50197026
They're going down because people expect they'll go down and so they're confident they can buy in later at a better price. It's like bitcoin in reverse. So instead of a flash crash we will get a flash pump... some day...

[Anonymous No.50197244]

>>50196287
Inflation rate is topping, but that doesn't mean inflation is going away, it's still going to be high for the next 3 years unless Powell hikes rates like 20% in one go, which is unlikely given the levels of government debt. Markets haven't priced this in yet, but they will in a few months.

[Anonymous No.50198189]

>>50193058
>when they pivot, that's the admission that the dollar is toast. it's basically signaling that hyperinflation is the course we're on and we won't be able to get off. how would they ever raise rates again after 2018 and this year?
Exactly. The $ will be in uncharted waters from the moment they next pivot. Tbh I keep hearing so many sound arguments in favor of both a deflationary death spiral and hyperinflation that at this point, I just want to wait and see. The best we can do is prepare the usual hedges and then just wait and hope. I'm more willing to believe Snider is right about the eurodollar curve, his theory is sound and he at least has an explanation for why things are turning out the way they are ,unlike others who just keep feedling you lies about muh markets are rigged. Not saying they're not rigged btw, we know they are but the point is even the markets don't seem to know how to respond to a collateral crisis because so-called economists never talk about collateral.

[Anonymous No.50199090]

Funny how Andy has started to put out more free videos and is shilling his sub less since right now its looking like he is wrong. He knows he can't tell people to pay for his advice when anyone following his advice is red everyday.

[Anonymous No.50199132]

>>50198189
i opened some trades / hedges today, short term 1-3 months

QQQ 240 Put Sept 16 2022
UUP 29 Call Sept 16
USO 65 Put Jul 29
FXE 93 Put Aug 19
DBC 22 Put Aug 19

Short Nasdaq
Long USD
Short Crude Oil
Short Euro
Short Commodities in general

[Anonymous No.50199538]

Anybody care to analyze the blue lagoon drill results out today? Market seemed to not giving a flying fuck so I figure it’s mids

[PAN MAN No.50200423]

>>50199538
mid grade to low grade intercepts, but the important bit is that the vein may be widening with depth. Remember, wider intercepts are better than narrow ones, wide intercepts of lower grades is often better for underground mining, with sweet higher grade segments as well. More drilling and results will be coming down the road too. I am hoping for higher / wider intercepts.

[Anonymous No.50200910]

>>50197078
Kek

[Anonymous No.50200991]

>>50194196
Hoooooboy. Maybe CIA/mossad/MI6 had him whacked for cosying up to China?

[Anonymous No.50201097]

Sand is actually a non-renewable resources:

>After water and air, sand is the natural resource that we consume more than any other--even more than oil. Every concrete building and paved road on Earth, every computer screen and silicon chip, is made from sand. From Egypt's pyramids to the Hubble telescope, from the world's tallest skyscraper to the sidewalk below it, from Chartres' stained-glass windows to your iPhone, sand shelters us, empowers us, engages us, and inspires us. It's the ingredient that makes possible our cities, our science, our lives--and our future.
And, incredibly, we're running out of it.

• https://www.goodreads.com/en/book/show/36950075-the-world-in-a-grain

At least on scale of human time horizons.

Every particular use-case (construction, optics/glass, chips, etc) generally needs a particular type of sand, and it's not as simple as digging a random pile of dirt and trucking it somewhere

Excerpt from “The world in a grain”

[Anonymous No.50201145]

>>50201097
The second law of thermodynamics precludes everything from being "renewable".
Kneel more to the greenie cult.

[PAN MAN No.50201171]

>>50201097
yep! were running out of high grade silicon for chips. Sand for glass making and concrete is also in the same boat, we are getting close to using it all up, and without more, were going to be in deep trouble.

[Anonymous No.50201312]

Looks like we have a honkening 2.0 happening in holland, police actually shooting at farmers tractors. Did they expect them to just play possum and roll up and die? The fuck is wrong with these petty bureaucrats. I’m also hearing in Ontario we’re contemplating resuming mandates and masks indoors.. and Biden is thinking of price controls while France already has Nat gas caps in the works.. how long will this managed nanny state and economy go on?

https://www.express.co.uk/news/world/1636350/dutch-protest-EU-police-shoot-tractors-dutch-farmers-border-update

[Anonymous No.50201406]

>>50201312
Won't go on for long.
They're overreaching like crazy and you can't really blame them. They've basically seen total compliance from the masses and they've drank their own kool aid about having absolute control.

Cops shooting at farmers is probably one of the most retarded things they can do.
Yes let's shoot at the people who are responsible for keeping society from collapsing into total chaos. I'm sure they'll go right back to plowing the fields.
Few days without food and society collapses under it's own insanity.
Not to mention cops are a very small number of people who's power is all based on illusion, just like with the government. If people ever chimp out properly, they're going to steamroll these fuckers.

Think I'll go and buy couple more 50kg bags of rice just in case things start getting fucked everywhere.
This stuff can really come out of nowhere and surprise everyone in a matter of days.

[Anonymous No.50201732]

New Uranium Insider update:

https://youtu.be/8L8p5r9c3EI

[Anonymous No.50201766]

>>50200991
>>50194196
Didn't the opec recently meet in the last month? Not today, CIA!

>>50201171
>>50201097
Why yes, I do already have a $600 position in HCMLY

[PAN MAN No.50201826]

>>50201766
the funny thing is were actually not low on silicon its self, its only the extremely pure natural forms of quartz that is the issue. You need very pure sand / silicon to work with in chip mills, the more impurities the higher chance of errors in growing the substrate for wafers. A buddy of mine was prospecting recently for pure quartz veins on the US border with a set of guidelines for material quality. The stuff manufacturers want is very hard to find in quantity.

[Anonymous No.50201883]

>>50201097
Sand cannot be farmed. You have to manually dig it out using efficiency 5 shovels.
Unless you're using an end portal dupe, but most servers ban it.
You can make a redstone machine that mines sand but it's very annoying to use.
Another option is using withers in desert biomes. Just make sure you use gapples.

[Anonymous No.50202118]

>>50201406
At least they're repealing some of the post-FDR supreme court decisions... making a transition to a more decentralized state on the precipice of a resource glut.

[Anonymous No.50202671]

>>50201406
ive been meaning to make a way for anons to buy from my freeze drying business, i have 3 machines that crank out over 7k lbs a year and i charge like 1/3 of the big freeze drying companies. i also focus on high quality locally farmed eggs and meat as a value add for local farmers and a gimmick as the big boys sell goyslop unironically, usually charging about 60 dollars plus for a pound of bottom shelf ground beef

[Anonymous No.50202840]

>>50158080
what is the best way to buy silver? not a massive quantity but a small percentage of my portfolio so that I have something to physically stack. I am not sure if I should buy pure rounds or junk silver coins, or if that is even the right approach at all. what do?

[Anonymous No.50202954]

>>50202840
100oz bars with the cheapest premium. simple as. findbullionprices.com/closest-to-spot/

[Anonymous No.50203903]

>>50202840
The way I look at it is you want some of every size. I have some junk silver for bartering if shit ever gets that bad. mainly one ounce coins since to me they would be the easiest to liquidate. The main portion of my stack is in 10 ounce and kilo bars. If you have alot of capital 100 ounce bars would be ideal.

Also gold Sovereigns are a must. Gold Sovereigns are be mixed with loose change in your bag and can be a discrete way of carrying precious metals through customs. Carrying bars or one ounce silver coins through customs is a good way of getting raped and searched. But most goyim will not know the value of a gold sovereign especially if it is mixed with a few dollars worth of loose change.

[Anonymous No.50204448]

LMAO imagine thinking pic rel was going anywhere. Cash is King, ALWAYS. Gold is going down further.

[Anonymous No.50204452]

>>50202840
Get some bars of some high quality assayers like J&M or Engelhard. A lot of people will advocate for generic rounds of junk silver, which I agree has a spot in every stack, but these bars are worth the premiums and are highly sought-after by collectors and will always retain a good premium if sold privately.

This is my main part of my stack and I won’t sell, I’ll be holding onto them for my eventual kin or I’ll die with them. They are so nice. Meanwhile I have generic buffalos and TD bars that I was actually contemplating on giving away to a good buddy who doesn’t have the cash to make a major stack

[Anonymous No.50204863]

>>50204452
Why would they have a premium? Silver is silver

[Anonymous No.50205300]

>>50204863

[Anonymous No.50205380]

>>50202840
Monument metals has the lowest premiums and closest to spot.

[Anonymous No.50205413]

>>50204863
I can’t tell you why but that’s what the market has assigned to these particular assayers and certain series of theirs. Like yea you can go buy a 50oz monarch metals or 50oz Basic bar from a basement smelter but they’ll never command the premiums that the more sought after assays will.

I know what you are saying I.e “silver is silver”, intrinsically that is true. But the history of the assayers and the people who collect them creates a premium that is derived from extrinsic factors such as limited series runs (one of those bars is out of 50 ever made, compared to some other runs from J&M that are well over 200K) or even mis-strikes or other particularities.

It’s like if you had a relatively common Connor McDavid young guns PSA 10 card. Well that’s gonna be worth $5K USD. But there are different versions of that card that differ in rarity, despite them being essentially the exact same card of the same player. The /100 exclusives of that card will run you to about $25K, and even better yet, there’s a high gloss /10 version for sale right now on eBay for a cool $350K , despite only being PSA 9.

My point is that rarity and exclusivity attracts money in the collectors market, and brands like J&M and Engelhard very much are in the collector category. So as long as there are eager buyers, they will command higher premiums despite being the same material as a regular bar.

[Anonymous No.50205490]

EU finally getting its shit together after realizing their hasty switch to dirty coal wasn’t a good look politically. Says a lot about public perception of nuclear in Europe if they are willing to classify it and Nat gas as key components of future EU energy frameworks. This new declaration should spurn more SMR reactor build outs in the Eurozone and eventually tighten up the demand forecast even more. We just need a ban on Russian refined uranium to really get the U rally going again

https://www.rfi.fr/en/europe/20220706-eu-lawmakers-support-green-label-for-gas-and-nuclear-energy-taxonomy

[Anonymous No.50205524]

>>50204452
>>50205413
I mean, it's not like there's any security features on the bar. It looks like it would be incredibly easy to forge your own fake bars and falsely stamp them.
If you're dealing with items that sell for $1500+, then surely someone is doing it.

[Anonymous No.50205527]

>>50191808
>buy stocks
>they go to shit
>dividends are still higher than the interest of savings acct

[Anonymous No.50205600]

Of course, the radical greens are trying to oppose the potential EU nuclear and Nat gas inclusion, but it’s unclear if they can get enough votes to veto the new proposal. Bunch of faggots for lack of a better term

[Anonymous No.50205737]

>This vote ultimately is about whether we will turn the taxonomy into a less science-based instrument and a less market-based instrument and much more of a political tool

Holy fuck, how daft is this man. EU is in its current energy crisis in large part to do with globohomo ESG mandates and trying to counter Russia by attempting to deny their key exports, both of which are VERY political moves that this same imbecile likely cheered on. The audacity!

[Anonymous No.50205765]

Can’t wait to watch the EU burn, I want to buy a Mediterranean house there so the more the EUR falls and housing in general craters, the better.

Then hopefully the people will get wise and remove these asshats!

[Anonymous No.50205775]

Baking, made these yesterday, so yummy

[Anonymous No.50205902]

NEW BREAD >>50205857

NEW BREAD >>50205857

[Anonymous No.50206918]

>>50204448
I would rather hold Rubles. No joke.

[Anonymous No.50206932]

>>50205490
They have nordstream and it will be used unless the CIA blows it up. Watch this space.

[Anonymous No.50206939]

>>50205765
By the time you can do that you won't want to.

[Anonymous No.50207862]

>>50205765
Same. Greece, Cyprus or the South of France. Maybe even Turkey.
>>50206939
Why wouldn't he? Everywhere is going to be shit, might as well live it up in a place with nice surroundings.

[Anonymous No.50208371]

>>50202840
Take into account your own country's tax laws.
In England for example Brittannias are exempt from CGT so it's pretty much retarded to stack anything else, unless you're stacking for a post-government scenario.
Only go for small denominations if you're expecting an apocalypse where you plan to barter it for food, otherwise go for max weight for price so you don't get eaten by premiums.

>>50205524
It's incredibly fucking easy to test for real silver dude. Anyone who is selling thousands of dollars worth of silver who gets caught peddling fake shit is going straight underwater.

[Anonymous No.50209233]

>>50204448
>LMAO imagine thinking pic rel was going anywhere. Cash is King, ALWAYS. Gold is going down further.