"We're still early" — Gold hopium edition.
Me on the left
Someone sell so we can go back up
>>23524265I'm buying today if this seloff continues in stocks too
https://api.investi.com.au/api/announcements/svm/c1c83b99-84d.pdfBased Malawi king nigger giving us a dip.
>>23523202My gold and silver miners are suffering financial genocide. My gas is down, and my oil stocks are stagnating. What a hell.
Its over they stopped printing money gold goes to 0
>>23524617Buy moar?
>>23523202you know it's bad when the jordan roy-byrne hopium is posted. I sold the majority of my silver/gold miners last week. Just own PHYS, rio 2, and SPPP now. I still own a lot of copper so if gold continues to go down i'm sure copper would follow and rug me.
>>23524656Are you reentering or you think you are clever enough to time the market?
>>23524731i'm not clever, I was just overweight.
>>23524641probably
We are midway through the commodity bull.
>>23524381been adding this morning
The big LNG project in Mozambique is apparently back on the menu after 4 years in limbo.
>>23524747but you get leaner?
Trump pumping commodities again. This time a US govt investment in Cameco's Westinghouse. We will keep seeing more direct government investment in minerals, energy, reshoring manufacturing and emerging technology. More government spending, more inflation, more asset gigapumpening.
Hmmmm, Hycroft pumped
So far drops are minuscule
Maybe someone is betting on Wednesday's FED decision
>>23525339All noise is useful noise for uranium and has pulled the sector out of its dip, but the press release doesn't seem all that substantial to me. A "strategic partnership" with a profit-sharing/royalty agreement should the private sector decide to pay to build the desired $80bn worth of reactors (in UK prices that's only 3-4 units lol)
T rumpA lwaysC hickensO ut
Hycroft gigapumped
>>23525383Taking All CocksOn
my Snowline slurp this morning immediately went up $14.88, I'm thinking this is a sign and we're back
>>23525339When they buy NXE?
Gooks will start buying gold again. EVERYBODY will start buying gold again.
>>23525506That description suits him as well
>>23525753Korean gold reserves are 5 times smaller than Polish, KEKBeing outrun by such 3rd world country.
Hycroft pumped to over 8 dollars. What a ride.
Rare earths deals with all these south American and Sea nations, including Japan.......carving out reliance on China. In the future Basel III banking standards and BRICS will align; divided and conquered while pretending to be polar opposites.They are building an economic block. >Rare earths aren't rareIrrelevant. Tell me the last time the government, any government, didn't use some bullshit pretext like that for similar ends.I'll wait.
>>23525910It may be fun to explore in the Mojave.
Ate back or is the market baiting
should I slurp sugar?
Looks like everything is totally fine in Nipponland. Their new PM is an easy money girl, she will do everything in her power to dump JPY and pump Nikkei. Debt/GDP? Who cares! Let's make a new world record.
>>23526240>>23526240Keep the carry trade going. The stock market depends on it!
$490B earmarked for investments from the US govt. How much of that will go to commodities? $10B? 20?
>>235263260
I'm scared
>>23526704Why?
>“The time for excuses is over,” Wagner says. “Financial institutions must close the metallurgical coal loophole once and for all because, simply put, coal is coal.”o I am laffin
>>23526972stop being so ANTISEMITIC
>>23527102hey whoa there I'm with the banks all the way. With the Jews, you win! Those greenies should just read the room, their time in the spotlight came and went. In 2025, CO2 is based, net zero is a meme and climate activists are irrelevant. All is as it should be.
Speaking of being with the banks, JP Morgan just bought a stake in Perpetua Resources, and Jamie fucking Dimon is on record saying $10k gold would be a boon for the USA.It's our time to shine broes. This is the big one™
rare earths better perk up within 5 years
>>23527134If only senpai, if only, still cyclicality etc. will be interestin to watch this space
>>23527146If gold can keep collapsing for a few weeks while uranium moons that would be great.
>>23527552So many new projects being fast-tracked. Only the highest margins will survive.
>>23527658That never stopped a command economy. Which is kind of what the USA is right now. Quasi-command economy. The high margin REE projects are all outside of the USA.
>>23527668The US is directly investing some of those high margin projects, like Rainbow's South Africa project (which I bought more of today).
>>23527697That's a good project if memory serves me right. Didn't Rainbow recently buy an equity stake in some other junior?
>>23527715Not bought anything afaik, but are advancing a JV project in Brazil that uses the same reprocessing technology as in SA, only with an ongoing mining project so much longer life at (supposedly) higher contained rates for the important rare earths. Study should be out in the next couple of months.
>Today SPUT issued 2.955 Million shares to raise $56.6Mflywheel spinning again
>>23527765Hmmm... I do seem to have a distinct image in my head about seeing Rainbow being explicitly mentioned in another junior's news release as a new shareholder. But I tried searching for that and came up with nothing. I must have imagined it!
Bump
>>23529266>the post that broke silverjew
Boring BORING bOrInG b0r1ng BoRiNg boring Boring BORING bOrInG b0r1ng BoRiNg boring Boring BORING bOrInG b0r1ng BoRiNg boring Boring BORING bOrInG b0r1ng BoRiNg boring
kurwa, getting rich by means of long term investing is so fucking boringyet so darn profitable
>>23529872>>23529909We are MAKING IT today
>>23529909how to find good stocks to swing trade doe?
>>23529909there's other more fun things to do for free time
>>23529951I know but that dip made me spend most of free cash. So all I have left is reading, watching movies or getting bored.
>>23529947I only swing trade if I see a reason like some sector started waking up while other is stagnant or if something shitty happened around stock I hold and it's time to exchange it for something else. And last one I earned some nice cash on my position so I trim it to buy some dip or cheap stuff I didn't own yet.
https://www.youtube.com/shorts/bYZuoeimve0
Sold most of my physical uranium. 10% swing in two weeks (in my taxed account unfortunately). Can buy myself something pretty.
>>23530126You can buy one small thing to put in your bum but the rest must be invested in ofs or peniscoin
Allied out with world class drilling results from their Mali mine.
Who is up today. Are we back?
>>23530646Were so back.
>>23530486Speaking of world class exploration results, CNL also reported more Apollo drilling results today, plus they announced a 100km drilling program for 2026
>>23525753LOL, last time the Bank of Korea bought gold was during the 2010-2011 top, and they got shat on by politicians and people when prices fell. The heads of the bank had to bow on live television to apologize.That's why the Bank of Korea was infamously anti-gold for almost 15 years, and refused to buy gold regardless of price. It's funny that they chose $4000 as the moment they finally FOMO in.
>>23531275Imagine if they bought the top again KEK
>>23531286I'm afraid to say this, but the BoK buying is a historic top signal lol
>>23531296You think BoK buying is going to force Trump to cut deficit spending? XD
>>23531302Maybe he will!! LOL!
>>23531286Asians do like to recklessly gamble. I go to the local casino and it's all Chinese.
>>23529266Its been so long since I've seen that post
>>23531275Also forgot to mention that all of Korea's sovereign gold is stored in London. BoK auditors wanted to see their gold and London told them to wait a few months LOL
why the fuck is gold dumping?I'm literally shidding and farding rn
>>23531316Context?
>>23531337The usa owns that gold
>>23531626Everything gets liquidated in the selloff
>>23531678yes i'm finance trader been now. flavor with me
>>23531678Who's gonna liquidate Putin? :D
>>23531678Surprisingly miners seems to not give a fuck I'm even up today
>>23531746Interesting that silver fell back into backwardation.
We have bottomed.
>>23531772ok but when will silver do a backflip?
>>23531807When it becomes sentient during the great reckoning which will precede the end of days, duh.
>>23531814Will look forward to that
i'm lesson trader new is unsustainable and irreversibly
>>23531972I believe its somewhere in the book of revelation, or so I was told be a homeless guy on the train the other day. He seemed to have it all figured out.
fucking niggers
Earnings season is upon us. Agnico, Aris, Ivanhoe, Whitecap, Headwater, Tamarack Valley among some others have reported already. More to come soon.So far so good in my opinion. Aris is knocking it out of the park with lower AISC and higher gold production QoQ, Agnico's numbers look steady except AISC is higher due to royalty costs. Whitecap and Tamarack Valley have been performing in a stellar manner on the oil & gas side. Ivanhoe's numbers look expectedly weak due to the Kakula mine flooding, but Kipushi performance was great and Platreef commissioning is nigh.Anybody here expecting anything specific in the earnings?
>>23532655Alamos reduced their production guidance by less than 10% due to a geotechnical event and an electrical failure, otherwise good numbers for the quarter with lower AISC compared to previous (underperformed) quarter, and record FCF. I wonder if the geotechnical event was a one-off. The company certainly isn't making a big fuss about it. Market probably not too happy about reduced guidance.
>>23531316Hmm, looks like you must be Lassen based on your 1970s decor.. Was that you who made that post originally? I’ve never known to this dayI have tons of screenshots of the old /cmmg/ on my old old phone
Also what are we buying into for the Ontario “Ring of Fire” stimulus funding announcement? Or is this sell the news?Noront (since acquired by ASX - listed Wyloo Metals) is the largest right holder in this region.400km of 4-season roads are required to access this remote area of Ontario, with a estimated c$1.5Bn pricetag.
SPUT raised another $35m today. Spot price stays elevated while they have cash on hand ready to spend. Uranium could stay strong for the rest of the year even with no significant consumer buying.
>>23533119Patriots standing by, ready to flood Cigar Lake again for the purposes of pumping Cameco stock.
>>23533131If the rumours are true they don't need help flooding their mines. Issues with expansion plans and finding adequate skilled labour to carry them out.
>>23532976i deleted everything. had 300+ images saved
Bullish
newfag. thinking about buying into lithium stonx tomorrow... am i retarded?
>>23534557Not the worst timing I guess. Lithium seems to be hammering in a bottom
>>23534680i've noticed quite a few over here have been on a gentle uptrend since january... but i'm aware lithium price is down. seems odd to me.
>>23534768Lithium is actually almost at 1-year hughs and made its YTD high in August
WHY IS IT SO FUCKING BOOOOOOOOORINGFUUUUUUUUUUUUCKIt's like going to the cinema to watch 3 hours long movie with ending which you can predict after first 3 minute but you cannot leave the theater until movie plays 10 times in a loop.
>>23534822I watched an absolutely horrible film called Mickey 17 this year. The characters were all insufferable, story was all over the place, it was tonally dissonant and worst of all it just kept... going....... and.......... going............ For what felt like three hours. The actual runtime I think was closer to two hours. I cannot recommend it to literally anybody. Couldn't leave because I was with friends. I was actually angry when I finally left the theater.
>>23534557lithium is likely to be years away from any meaningful up move due to the amount of new supply still in development/construction, and will perhaps never have one if brines extraction takes off with the oil majors. Other battery minerals are competing with lithium in its main source of excpected demand.It seems a risky play at a time when a lot of commodities have far more compelling investment cases.
>>23534863I have only seen trailers. Looked dumb as fuck plus idea was somewhat stolen from the 2009 smaller budget scifi movie called Moon about a dude working alone at the Moon base. It has great practical effects like models of vehicles, base etc. At least one dude that did props for 1st Alien movie was involved.
>>23534886I think there is a good possibility that lithium is closer to a bull market than most might think. Brine extraction from wastewater remains a supply risk but the first such commercial plant is coling online in two years. New ones will likely follow but a meaningful surge in o&g related lithium supply is probably 5 years from now at the earliest. Battery competition will remain a going concern but with lithium prices being low right now I don't think lithium's competition is a serious problem. Lower EV demand could hamper battery production but it seems that lithium ion battery production capacity is increasing meaningfully in 2025 and onward compared to 2024. There is so much battery capacity that there is talk of overcapacity relative to EV demand. US reshoring and low lithium and iron ore prices seem to be the reason for the big step-change in battery production capacity.https://www.ess-news.com/2024/10/02/overcapacity-in-storage-continues-says-cea-q224-report/Idk, will battery manufacturers scale back production or will EV producers increase their capacity and start emptying the warehouses out of those batteries? Depends on how much these companies are willing to compete in margins, and of course the consumer more generally. We'll see
>>23535024Global vehicle demand seems to be troubled. There's a new sodium-ion EV battery going into mass production in China next year that is cheaper than lithium-ion and charges waaay faster. The lithium project boom was based on the idea that lithium is essential for EVs and that market growth would be exponential, and that's simply not the case.
Global Atomic's zinc recycling JV posted decent results. We're not going to zero, lads.
Bullish oil and gas
Soon......>Digital will be worth nothing>Physical will be worth everythingAct before its too late lads
>>23535038The market growth has been exponential thus far. Idk about battery technologies and supply chains enough to comment on the sodium ion battery but since we are still producing lead batteries I wouldn't count on lithium battery supply chains vaporizing either. EV demand growth slowdown is a problem though
>>23535044WAGMI globie baggies>>23535050Google has also been hard at work planning data centers near natgas hubs. Henry Hub has to go to $5 to support dry gas supply growth from Appalachia and Haynesville. Permian byproduct gas growth isn't enough to meet LNG and data center demand
>>23535050I can't imagine why someone would want to build a data centre here when our energy prices are so astonomically high. Did every EU nation say no?
New paradigm. Bill Gates is no longer anti-CO2. Step aside tree huggers, your time is up. Maybe come back in a decade or two when the pendulum swings back.
Microscopically up today in total. But some mining stonks went seriously up. Some are ridiculously crabbing.
Nyanpasu
Did we have a Parex shareholder here? What do (You) think?
>>23535050this has been a play here for a while now
>>23524381Based negro, giving us Sovereign metals cheapies.
>>23535590I sold Parex like a month ago. Management is really good at returning capital to shareholders, but the assets as you know aren't so good.
>>23535855Yea that article is from september
>>23535050What's the over/under the United States starts preventing LNG exports. It was a concern for me it the democrats won, but would they bow to political pressure?
>>23535985A lot longer than that fren. Basically since Trump won reelection. Most of the companies in this sector I watch or hold have already made deals or are working on them. Also, this was before they started talking about price controls for oil here, but have you heard anything about the price of lng being used to offset low oil prices that make drilling here less desirable? That would be nice.
>>23536066How much is the EIA juicing production numbers by including NGLs in them?
>>23535990under 100%. Democrats and conservatives are now in unison about reshoring manufacturing and increasing exports. The two parties seem to be in disagreement over other things than trade
>>23536073So the wage-price spiral is inevitable then?
>>23535296He's been spending so much money on his smr company, maybe the technology isn't as good as presentation implied.
>>23536202He has also been hard at work building data centers. Funny how his stance on climate change shifted right when he needs massive amounts of energy
>>23536289>Oh wait, I need natural gas to power my datacentres?>I was wrong about climate change everyone, teehee bad bad.
Speaking of natural gas, my Cumsock bags are gigapumpening. I'm ready for $5+/mmBtu sustainable natty price
