War edition.
>>24114559How can I capitalize on dead heebs
>>24114626You already have the gift is inherent there
It's not too late to buy the noticing
>>24114658wtfi used "goyim" on wordle once, it saved me
>>24114638You know what, you're right :) thanks
>>24114626
Should have bought bitcoin and tesla in 2020 desuCan't get rich off commodities without some kind of war or mega happening that makes your life worse
>>24114658Would you buy this chart?
>>24114430But I want to thank you now..
The boats are on fire.
>>24116164Where will they find water to put it out in the fucking desert?
NOW are miners fucked?
>>24116562Dude, Trump may have fucked us with high energy prices. Investors don't like that.
Oilsister, redemption arc?
>>24116823>oilsisterI am your brother.
can i get more info about short oil over the weekend and thank me later?
>>24114559When tf are miners and jr miners going to start moving up?
>>24116873After the crash
>>24116865Trump is gonna do something over the weekend so he wins the win of the war he already won twice.
>>24116873after (You) have capitulated
>>24116562short term we are fucked for sure, but the most of scenarios that include any mix of stagflation, inflation, recession are usually bullish for pm, your job is to figure out if miners fall into category of stock selloffs or are more inclined to move with pm's.
>>24116865>It will happen when the weather cools-Q
Potash and uranium u stoopid motharfuckars
>>24118376African uranium is in trouble while the strait is closed for acid imports.
>>24118459By extention Kazatomprom's acid availability might be under pressure once again>>24118376>potashbased and Altius-pilled>uraniumdid you mean yellow oil?
I'm glad I'm emotional and avoided a 15% dump in my miners and instead now a flourishing oil -sister. Shame about WW3 and none of this mattering though.
>>24118550Maybe some pricing impacts, but Kazakhstan is a land-locked country not supplied via the Strait. They have a domestic sulphur surplus from their oil industry. Fertiliser production gets priority for domestic acid production so Kazatomprom depends on Russian output (and the failing Russian rail network to deliver it). Their new acid plant won't be ready until next year (at least). They indicated in their last report that acid is still an doubt for them, but nothing that has become seriously worse as a direct consequence of the new wars.I'm praying Lotus' new plant gets finished this month, and the first delivery of sulphur they received at the beginning of the year was substantial. The Namibian mines (Paladin and the Chinese) could be in trouble short-term.
>>24118586Ivanhoe will be producing 700,000tpa of sulphur from their new copper smelter, should help with the sulphur needs of any nearby assets
>>24118376I hear tell they are manufacturing WEAPONS OF MASS DESTRUCTION at cigar lake.
Looks like all asset classes are going to 0, it's truly over... blumpf done goofed this time and consequences will never be the same.
haha oil go brrrrrrhaha stocks go dooooomp
Time to stock up more food, water jugs, medicine, etc.
>>24120228That was last year desu everyone and their dog is gonna be clambering for the last can of beans
>>24120228Fuck yeah, gonna fill my shed! I'm currently 100% oil but considering leveraging my shitfolio into wheat! 2022 spike was due to Ukraine, now imagine the spike because no fertilizer. It's planting season so even if this cluster fuck is sorted in a few weeks this season for wheat is still gonna be very spicy.
>>24120391I used to stack cans but they are not so healthy as you gotta rotate and eat them a lot in comparison to stacking rice, beans etc. with 30 year shelf life>>24120501Good luck, I really don't know what to do other than waiting to buy a big dip in miners. I gamble a bit with small money on low cap oil stocks that swing 30% per day
>>24120612Chickened out and went with a small stake in YAR, Norwegian fertiliser. I'll consider miners after the war is over.
this shit is completely fucked
>>24123024Mildly speaking
Are miners actually going to get fucked or are you guys just overreacting?
There is still a big premium for silver in Shanghai so someone is buying.
>>24123314No one knows anon, there might be ww3 or there might be peace in a day. There's a lot of shit going on, long term it's def. bullish for PMs but if a mine makes profit in that environment who knows? I'm ready on the sell button on my oil and fertilizer so I can sit in cash and observe the house of cards fall apart at a minutes notice, I have no idea where we're heading. So maybe don't listen to a word I say.
>>24123392>it's def. bullish for PMs but if a mine makes profit in that environment who knows?>meanwhile royaltychads ITT:
>>24123392>sit in cashworst case scenario if things fall apart.
Went from green to red pretty fast today.
Magical things are happening on Twitter >https://x.com/i/status/2032462914704294174Gary says ......
>>24124033>"start your own business where your income is unlimited"it's so simple
GDXJ down more than 5% right now, that's crazy. Sector hit pretty hard last few weeks even though metal prices are still strong. Looks like some people are taking some profits here. Still think this is just temporary, for the good stocks at least.
>>24124040Why did I think of that? >PicrelRatiobros....ww@
>>24124236Didn't ***Autocorrect got me again
>>24124055>Still think this is just temporaryI hope so.I hope the oil shock doesn't utterly rape miners
My miners combined are -11% right now. Bought the dip a little bit in HYMC.
>>24124295Panic sold all of my miners at +10%. Honestly don't feel good. Barely made up for my huge crypto losses made last year so ended up with 0% gain.All I have left to do is to buy ze dip, I guess, when or if it comes.
I bought fertiliser instead of wheat, up 1.89% with my shit fertilizer vs 3% wheat chads. I take the L
>>24118376Neat, a potash mine MLPV looks like its at the bottom of a drop and a perfect buy.
I've lost so much money thanks to orange nigger it's unreal. Just cut 50% of my positions to cash. Fuck that zionist cunt.
>>24124033>just get a roommatethanks Lambo buyer who makes a million dollars every year selling subpar trading advice!>>24124040very viable strategy when the business model is telling people to buy and sell unprofitably, AND getting paid for it.
>>24124393Baniobros have big cocks. That is known.
>>24124705I genuinely do not understand the impulse to sell on red days. I just get angry and buy more until I have no cash left.
Instead of being married to mining companies and droning on about the collapse of FIAT, can we look for short term profits because of the collapse of middle east exports? The US empire is dead now, and famine might be on the horizon. Does anyone have insight in what would generate the biggest gains? Fertiliser companies seem to frontload the expected costs which short term have made them moon, but long term I can't say I'm bullish, they'll be beat down like mining companies. Is buying wheat and rice futures the future of finance? How do I profit the most from mass starvation is what I'm asking.
>>24124948By having a tight ass because that's how you acquire cheap soup. Though you'll have to depreciate it after every entry for tax purposes. They call it the anal accrual.
>>24124875Trump has no exit strategy, markets (especially miners) *could* crash further. At this point its all about personal risk tolerance in a totally fucked environment.
>>24124948What about agricultural tech companies developing new seeds or chemicals to maximize crop yields with fewer resources? Origin Agritech looks to be a research company in that field.
>>24124875I don't sell either but I definitely regret not taking an out the first red day of these past three corrections when I have considered it each time and instead held out for the full 25% loss. Always takes longer to recover too. Too many of these miners are slugs.
Snowline sisters......
>>24125009Too convoluted for me. This is simple. Chemicals and fuels aren't flowing, you can make money by buying companies that make these things but people are short sighted so not enough money will be put into it, so there will be a second effect of food shortage. A food shortage can't be ignored so those prices will be correctly adjusted for short term when people scramble for food. >Profit for the faggot in his bed buying wheat futures on his phone on credit.>>24124968Jesus Christ Canada is the biggest joke even disregarding it being an Indian colony.
There aren't going to be general food shortages, just price rises. The world produces way more food than it needs currently, with a lot of it thrown out because capitalism is about profit not efficiency. The fertilisers exported through the strait are not the only fertilisers available, substitution will happen. The literal shit salesmen are already lobbying.
>The world produces over 4 billion metric tonnes of food annually, which is sufficient to provide more than 2,750 kilocalories per person per day, enough to feed 1.5 times the global population.
>>24125129I got some stale bread I'm gonna throw out tomorrow. Can you chuck it over to staving Sudanese instead, old chap with an IQ of 85? We've overproduced food since the 60s, let me go tell the people who died in the 30 mass starvation events since then that they should leave their graves.
>>24125129>shit salesmen about to make bankSuperpooper 2030 was no joke. It all makes sense now
>>24124948>How do I profit the most from mass starvation is what I'm asking.natgas
>>24125129>The fertilisers exported through the strait are not the only fertilisers available, substitution will happen. The literal shit salesmen are already lobbying.this is also true. Potash isn't exactly scarce. Nutrien and Mosaic have a lot of spare capacity that they are not utilizing only because the price incentive isn't there. They will ramp up quickly to respond to price hikes. Furthermore, farmers are price sensitive buyers and they will substitute more expensive fertilizers with cheaper ones during times of high prices, and they apply less fertilizers too. Both the supply and demand are very flexible in agriculture and fertilizer markets.
>>24125163Food insecure countries already exist, yeah. So? What's that got to do with the current situation? It has nothing to do with fertilisers and food production.
>>24125192Maybe Anglo will get their idiotic Woodsmith project their CEO loves back underway.
>>24125192>>241253032 more weeks? So, after consulting you two experts we can conclude: food is abundant. Shutting down the middle east does nothing to food production because they can just get some other shit, not use shit, and regardless of what problems the farmers face the food amount will be the same and there won't be a massive price swing this season. You continue doing you and I'll live in the real world.
When oil skyrocketed in the 70s what happened to gold and silver mining stocks?The metals went up too right?What happened to profit margins and stock valuations of these companies?I'm scared we get a massive oil shock again and the economy crashes, taking down gold silver miners with it.I wish I wasn't so leveraged right now kek
>>24125345>the food amount will be the sameNo, the amount of food can drop but we already produce 1.2-1.5x what the world consumes and throw away 1/3rd of it when it isn't bought in first world supermarkets. Fertiliser exports being halted in March aren't going to make food stop appearing in April. The just-in-time supply model will be tested but people adjust.
If the Suez canal gets shut off I suppose boat traffic going past south africa will surge quite a lot? If so, maybe there is some stock that will surge because they will get tons of more business in their area of operation, could be anything from harbor maintenance companies to whoring enterprises. Any ideas?
>>24125653
>>24125653Brother you ask the right questions now turn the answers into momeyLet me say it like that, you had to be positioned for that, many stocks already got bought weeks ago before any of this happened Look at these Tickers: New Hope Inc, NTR, FRO, any oil and gas shitco (nod to SM) etc etc You need to hunt now to get pullbacks in energy, agriculture, shipping...
>>24125526Just stretch the soup m8
>>24125690I am too late indeed for all the obvious stuff, I was thinking more if there is some stock with heavy local exposure specifically in south africa or the surrounding area that could giga pump the moment we get news that yemen is doing the needful to tankers in suez canal.
>>24125728Grok give me the answer, make no mistakes
>>24125909>>24118376
>>24125305BHP's giga potash mine is also still being developed. That one has some weird deep freezing thing they have to do to keep the brittle rock more structurally sound though if I remember correctly. It's still a giga potash mine anyways>>24125345the price will have to adjust higher but yeah otherwise things will be about the same until the supply issues get resolved. There won't be widespread famine and we will be totally okay, although food inflation will ramp up due to higher fuel and fertilizer prices. Natgas prices going up also causes nitrate fertilizers to go up in price as a side effect which also affects food prices.
>>24125409I believe the miners sold off originally after the oil shock before then going up quite a bit.
i got bad gas
>>24125409embrace royalty companies. They won't see their margins squeezed because they don't pay operating or capital costs. Sure they'll dump along with everything else in a market or sector selloff, but if it's the margins you're worried about then royaltychads have got you covered
>US bombs kharg islandAre we getting $200 oil?
>>24126232Two more weeks of bombings
>>24126185Sell it
>>24126275The big bean burrito is a leveraged play on natural gas.
>>24126279Squeeze ir oit the hormussi
>>24126232Took me ages to find that on the map. It's the size of a US stadium car park.
>>24126328To be fair those parking lots can be pretty big,
>>24126275can't pass it
>>24126338That's why they invented fracking, anon.
Greatland added to the GDX at 0.58% ~20m shares to buy. Price down 20% since the peak 12 long days ago, this should help the recovery.
Snowline (0.42%), Hycroft (0.59%), Abrasilver (0.40%) added to GDXJ. Pan American out.
Gary says>https://x.com/i/status/2032808119282315598Sage wisdom. Write this one down guize
>>24127509>>24127516Elemental Royalties ETF inclusion wen
>>24127516Link to the changes?
>>24127595I'm seeing them on twitter, assume they're the official paid spreadsheets released after close yesterday.
>>24127927Thanks, even grok couldn't give me the changes but cmmg delivers. AUM is around $10B for GDXJ and $30B for GDX, so that is around 2.5% of Snowline that was bought from GDXJ.
>>24127978>even groklol
Blurry GDX
>>24128004A lot of companies in the US$3-10B mkt cap range is in both the GDXJ and GDX. That's the sweet spot for maximum index buying arbitrage.
>>24128058what arbitrage is there in index buying?
>>24128063The arbitrage lies in getting in before the index buys. Obviously a lot of people know about it and speculate in it already, but all else being equal when an index buys 2.5% of a company in a relatively short amount of time the stock should outperform peers.
>>24127516How much will this boost snowline's stock price?it's been getting killed lately
>>24128111They already bought 2.5% of Snowline which is a full position, so the positive effect is played out already. Could also be that a lot of people were waiting for the inclusion boost so it ended up being more of a sell the news negative catalyst.
>>24128328The new index weightings were announced after close on Firday, and come into effect next Friday. Are passive funds pre-purchasing full allocations in anticipation? Speculators will have been, sure.
>>24128365Oh, I thought they bought in already. I suppose we will see what happens with the stock price next week then. But clearly a lot of people were expecting this already and I'm sure some will be selling into the expected buy pressure as well.
>https://x.com/i/status/2032901721131720872Most based billionaire on twatter today.
>>24128328>They already bought 2.5% of Snowline which is a full position, so the positive effect is played out already.What? When?People on ceo are saying it hasn't happened yet.Why did it gigadump if GDXJ was buying this week?>>24128365OKay this makes more sense.
It doesn't seem unreasonable that new entrants might have some pre-buying happen off the books to keep things from getting too spicy over just 5 days of trading. Half a percent weighting within the major indexes is a fair chunk of the free float of some of these companies, relative to their daily trading volumes.
>>24128426Each company's weighting is determined by their market cap. They own about 2.5% of all the companies included. But yeah that is a lot if they're buying it over just 5 days.
Who should I thank for telling us to short oil over the weekend?
I prompted saarGPT. Some results:-------------------------------------------------------Here are 4 ultra-tiny publicly traded shipping companies (≈ <$50M market cap) that are among the most leveraged to a global shipping rate spike—the kind that could occur if the **Suez Canal were disrupted and ships rerouted around the **Cape of Good Hope.1 Globus Maritime (NASDAQ: GLBS)Approx market cap: ~$35–40MWhat they do: Operates dry bulk carriers transporting iron ore, coal, and grain.Why this is interesting: Very small fleet earnings swing massively with freight rates.Dry bulk shipping profits scale directly with ton-mile demand.If ships must avoid Suez: Europe–Asia cargo travels thousands of extra miles. More ships are required globally. Charter rates rise.A tiny company like Globus can go from barely profitable extremely profitable very quickly.2 Castor Maritime (NASDAQ: CTRM)Approx market cap: ~$20MFleet: Dry bulk carriers. TankersWhy it's interesting: One of the smallest publicly traded ship owners. Historically extremely volatile.A report noted Castor had a market cap around $26M despite owning multiple ships, showing how small these companies can be relative to their asset base.Why it can move violently: If freight rates spike, even a few ships can generate huge cash flow relative to market cap.3 OceanPal (NASDAQ: OP / formerly SVRN)Approx market cap: ~$15–20MBusiness: Owns dry bulk vessels used to transport commodities.Why it’s interesting: One of the smallest listed ship owners globally. Essentially a leveraged bet on bulk freight rates.Because dry bulk cargo (coal, grain, ore) moves huge distances, longer routes dramatically increase demand for ships.4 United Maritime (NASDAQ: USEA)Approx market cap: ~$18–20MFleetBulk carriers transporting raw materials.Why it's interesting: Spin-off structure and very small fleet high operating leverage.
Also another prompt:----------------------------------Most explosive potential:1. Imperial Petroleum2. C3is3. SRT Marine SystemsBut the highest-quality asymmetric plays are usually small tanker or dry-bulk companies.-------------------------Some other stocks that pumped in the beginning of the happening but dipped a lot recently:Ardmore ShippingDiana ShippingStealthGasPangaeaSeanergy MaritimeEuroseas
>>24128791>>24128803Thanks for some fresh ideas
>>24128461>Who should I thank for telling us to short oil over the weekend?Why what happened?
>>24129042Bibi ded
>>24128069I have yet to see ETF inclusion meaningfully alter price action. Index additions or rebalancings can cause daily swings but I haven't seen any longer term changes
>>24128803c3is is one of the strangest stock i ever saw. It has pe of 0.01, market cap of 3m and ttm rev of 34m. 52 week trading range 1-110$ and you can only guess at which price it currently trades.
>>24130128Looks like gigantic dilution.
I will buy a bit in some of the stocks to gamble on this happening
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1480-tsx-venture/lio/199300-lion-one-announces-message-from-the-ceo-and-tuvatu-gold-mine-operations-update.htmlY'all remember Lion One kek? they're still struggling trying to ramp up and get better grades. Stock is down 80% last 5 years compared to gold price tripling, ouch.Gotta love this part from the release, are they calling their investors retards or what lol.>What these numbers mean: One gram per tonne means that every tonne of rock we process contains approximately one gram of gold. Higher grades mean more gold per tonne of ore. Our February head grade of 3.49 g/t was below our recent averages, which affected total gold production.
>>24130370Is this an AI answer?
>>24131018yeah I check out the LIO bagholder central on ceo every now and then. What a disaster. I still remember when Bob Moriarty and Quinton Hennigh were pumping a potential 5-10Moz discovery there. Still has only like what 500koz and all Inferred too. Still not making money chasing those thin veins. Walter Berukoff is out and private equity is in to try to salvage the ruins. Shareholders devastated and eternally bagholding.>What these numbers mean: One gram per tonne means that every tonne of rock we process contains approximately one gram of gold. Higher grades mean more gold per tonne of ore. Our February head grade of 3.49 g/t was below our recent averages, which affected total gold production.holy shit lmao
>>24131067I've been following along as well. Could be a good investment at some point, with gold at 5000 they have to make money if they can ramp production some more, I don't think their production costs have been crazy either so far. But the amount of warrant overhang is crazy and the loans they took out a few years back were on terrible terms as well, imagine what their stock price would have been if gold only moved to 3000 lol. The veins are probably more inconsistent than expected, common problem with these thin vein UG mines.
>>24131087>Could be a good investment at some point, with gold at 5000 they have to make money if they can ramp production some mordon't even think about it. They produced more gold per month last year. Today grades are down so much that production went from 1,400oz per month to less than 900oz per month today. They are still unprofitable at $5k gold which should tell you everything you need to know. The share printers have been running hot for many years, including last year, and they have already issued more shares this year too. The massive warrant overhang is a symptom of still continuing dilution.¨Their costs are going to go down a bunch after getting rid of that Nebari loan (with dilution of course) but it's still not a buy in any circumstance even if they turn free cash flow positive. Fully diluted, I'd consider it fully priced in already even if they get back to 1,400oz per month. And you know buying shitcos for commodity price exposure is retarded, just buy non-shitcos on leverage instead to get the same result with much less risk of the operator going belly up.
>>24131117It's been a while since I looked at their financials, but I think they're profitable right now actually, even at 1000oz/month runrate. I realize that the rampup has been poor, but if the new leadership manages to get the operation back on track towards 50koz/per year then that's possibly $100M+/y in FCF. It's all about risk/reward. Even investing today with all the uncertainty I think it's very much positive expected return, but there are way better opportunities elsewhere.
>>24131064it's reassuring that we're competing with people who ask grok to do their research for them.
>>24131145The thing is I read dozens of posts like that over the past few years. They are always just moments away from turning that mine around. In reality they have not only failed to ramp up, they have ramped down. The issues are structural. The gold isn't there in the quantities and grades they think because it's such a nuggety deposit. It was never on track for 50kozpa, they'll be lucky if they can average half of that. And even if they did get $100M in annual FCF, would you really pay more than 3-4x FCF for this steaming pile of garbage? I sure wouldn't. The risks are all there already and much of the upside is priced in.
>>24131157Imagine how much money one of these AI companies could make pumping and dumping stocks on it's suckers/users.
>>24131166>The thing is I read dozens of posts like that over the past few yearsI weren't saying it in the past few years. The opportunity is better now than it was back then as the gold price and outlook has improved a lot while the stock has only gone down. Even a shitty company can be a good investment if you get it at a good price.Wrt run rate you also have to keep in mind that they want to double plant capacity and they have better zones deeper in the deposit, better grades and widths. If they got to 50koz/y and US$100M/y FCF that would probably be valued at something like US$400M. Right now they are trading at C$100M so theres substantial upside there. Especially if you can get in say 6-12 months from now with the new management showing more stable increasing production and some of the warrant overhang starting to dissipate if the stock is still down here.
>>24131189>Right now they are trading at C$100M so theres substantial upside there.fully diluted and pro forma the Arete deal closing, they're trading at like C$182M. That's US$130-140M, so if everything goes well your upside is about 3x after taking on quite a lot of risk. It's not a super attractive risk-reward proposition considering the track record to date. You can get a much lower risk 3x elsewhere in the sector even if you generously underwrote US$100M FCF and a 4x FCF valuation for Lion One.Now, if they still traded low AFTER succeeding to turn the asset around, then I might agree with you about the risk-reward. Today the risks are high enough that the reward should be higher to entice me, and even then I would only take a small low conviction speculative position.
>>24131209I never said it's an amazing investment today, there's a reason why I'm not invested myself. But the opportunity could certainly come as the stock is also becoming more and more hated among retail. This news release I assume will send the stock tumbling tomorrow as well making risk/reward better. Say you could get in at 20c then you're making a 2-3x before the bulk of the warrants are ITM.
>>24131186paid ads in ai responses are going to ruin so many people
>>24131232Sorry anon but we've decided to reprice the warrants at 0.25.
It's really weird how weak the Eu countries are looking with this oil crisis. Not only was this manufactured by Israel/US but now Trump is again talking about bombing Iran's oil infrastructure. I wouldn't be surprised if France/UK agreed to help with naval escorts through the strait because they have depenedency on oil passage but you'd think that they'd be making a hard statement warning Trump to fuck off with his oil infrastructure bombing statements before it happens.
>>24131401Keir Starmer changes his mind almost as often as Trump, what good's a firm statement supposed to do? He's weaponised accusations of anti-semitism at his party rivals far too often to strongly defy Israel's will now.Last I saw the US was pulling their own ships out as it's too dangerous. No one they asked has agreed to send help so far. Iran can launch drones or missiles from anywhere in those mountains.
>>24131401>naval escortsI have a question. Do you genuinely believe an escort will make a difference?
>>24131540I think Iran is incredibly weak, so to an extent. The most dangerous weaponry they have available are naval drones, mines, and missiles/rockets, but the drones and mines are easy enough to shut down because they require shore access. Rockets and aerial drones are much more difficult to shut down, given the large area, but Iran also has limited capability to hit even slow moving targets over the large distances. For Ukr/Rus using starlink was shown to be incredibly valuable for their naval/large aerial drones and Iran doesn't even have acces to that. They are really not much different than the Houthis in regards to their current capabilities, although that may be enough to limit passage.
>>24131575the strait is shallow enough in places that one sunk ship could block the thing for months with no alternate route like the Suez has. it doesn't really matter how weak or unsophisticated iran's military might be when they have such a vulnerable point at their mercy.
goldsissies...
>>24131593the sissy bottom is in
>>24131593We could be nearing a bottom. Lots of crazy variable paths though with Iran, China, and the economy.
>>24131575The Houthis and Iran are more powerful than you think. The US gave up trying to defeat the Houthis and had a ceasefire with them. However, I think their hate boner for Iran, and loyalty to Israel, is strong enough they are willing to sacrifice whatever it takes to beat them.
I never should have invested in ASX stocks. Holy shit those guys live to short.
Im totally at a loss with this Iran/ oil/ WWIII nightmare...Feels like I have to watch the mkt like a hawk for a sentiment change and all major technical patterns (silver) are now walking dead
>>24131575you are extremely delusional if you belive that iran is weak, also comparing them with the houthis is the same as comparing an ant to an elephant
>>24132294Don't expect much of a sensible world view from burgers and leafs.
Based on current events i am split between trusting the plan and getting the fuck out while there is still time. I cannot say that such an event wasn't expected, because at least for me geopolitical tensions was one of the reasons to be here. But now that we are in it, we are being put to the test. I currently see most of scenarios being good for where we are, higher energy costs for miners not being one of them. But the case is still there, miners will still have to produce something that is in big demand, and the fact that gold is still more or less holding its current price makes me somewhat calmer. But man its sometimes hard knowing that it will be a bloody red day like friday was and just not taking it all out. whats your strategies cmmigers?
Brutal day for miners.. again. Silver might be going down to 50-60 ish before next bullrun according to some autists. This combined with oil spiking.. it's over. I will try to be disciplined and not buy the dip until there has been a huge drop
Is the bottom in?
.
Hey my Bear Creek shares converted to Highlander finally
I am starting to think the international jew got a bit too cocky. Trump asking for NATO for help and all. I know our leaders will suck Israels cock if asked but this time it might just be that they have to strike a deal with Iran to not tank the whole world economy. I did sell quite many miners. Only left the juniors with near term catalysts and royalties. Panic bought some more oil but because of the above might offload a bit.
On the other hand if oil stays up many countries will dump gold for oil.
>>24133037The US is letting Iranian ships exit the strait. We've seen peak oil, it'll settle at $75/80 by the end of the week.
>>24133037This is going to happen, for sure
>>24133032>>24133037Kek it's insane. I was really encouraged by today's headlines and action but may be ahead of myself.
>>24133127big if true
>>24133130Photo looks like Liberace if he lived to be 110 years old
never heard of this fund... looks interesting like the fund I've always dreamt of ...
>>24133175hey that's my private personal fund. How did it get online? It's not for sale.
>>24133130>American politician don't totally whore out is Israeli interests challenge: IMPOSSIBLE
Sold off the remainder of my normie stocks today during the daily peak so I am maxed out on cash for dip buying in miners. Also bought small stakes in all the chatGPT recommended stocks in anticipation for closure of the Suez canal. You may laugh at me for this, but how is that more ridiculous than anything else in this clownworld?
>>24132294Maybe the delusion is on your part? Look at what Iran has been able to accomplish this and last time Israel/US bombed it - basically fuckall. They can't shoot down any planes, they can't hit any high value targets in Israel. How many Irani have died and how many combined Israeli/US have died? Look at the scale of damage over Iran and then over Israel. Iran has entire residential neighborhoods destroyed, all manner of civilian infrastructure destroyed, and then all their industrial and military infrastructure destroyed; in return Israel has had a handful of civilian vehicles destroyed and a few residential buildings hit. The only thing they have done is close the strait, and that's not something that requires any degree of military success. They hit a few stationary tankers and let insurance fears do the rest.
>>24133032>Panic bought some more oilngmi
>>24133037no they won't lmao
>>24133298>the only thing they've done is close the straitkek>they can't hit any high value targetsdesu we have no idea if this is true or not due to the censorship. however during the 12 day war one of their missiles whacked a mossad unit that had a secret office under a tall building, so they obviously can hit stuff
Gary says
LME just halted errythang
>>24133383Am tarded and forgot muh link>https://www.mining.com/web/lme-electronic-trading-hit-by-technical-halt/
>>24133300What else is „protected“ if oil stays up? Maybe gas and wheat and such. Many of the gas companies seem to have rallied already with oil and I have no clue about wheat although I did take give a thought on a future calendar spread strategy. But I can take the stop loss if the situation de-escalates and partly sit on the sidelines until things stabilize.
>>24133301Well what will Asia liquidate then to keep their manufacturing up?
Considering Hormuz and Pakistan filling a tanker with RMB instead of USD. How should one think if the petrodollar dies with this war? Stay far away from US commodity equities?
>>24133614A collapsing USD is actually great for US producers who pay local labour rates, but get paid in global commodity values. Gold goes to $10k over a few weeks, Joe Minerson gets a 1.5% pay rise two years from now.
>>24133619Yeah, but did you forget their trade balance? If everything was in house production then sure, but now machines need to be imported for operations. Everything that's needed for operations that's imported will heem the profits, regardless of wages. Exporting bans to stabilise nationally could also be a thing, tanking the companies value.
>>24133701There's a reason we want to own mines in failing African shitholes, Lars. Kazatomprom became the biggest uranium producer in the world in large part because their currency rapidly devalued to create effective slave labour for a decade or so. Imported machines are priced at global rates and don't get more expensive relative to revenues.Export bans seem like the opposite of what the current US admin wants. The awful trade deficit was the flagpole issue last year before aggressive imperial projects stole focus.
So I bought back most of my positions today, are we in the clear?
>>24133870We're doing great and we're all gonna make it.
>>24133556they won't be liquidating shit. They'll add more leverage since they still have healthy GDP growth over there unlike here in Yuropoorland where we'll get a literal depression due to hilariously low GDP growth and sovereign credit issues
>>24133874I lost my annual salary last year in the Iran pullback so far, it hurts
>>24133614>Stay far away from US commodity equities?Absolutely the 180 degrees wrong move imho. The US stock market is a safe haven, far away from geopolitical chaos. Weak USD, "strong" EUR = long US equities.
>>24133878I'm suffering more than you could possibly imagine.But to have a happy future, we need to go through these rough times.The next few weeks to months are going to be bright.
>>24133127>Constructive non demand destructive pricing.We can hope.
>>24133884I feel it
>>24133882>The US stock market is a safe havenThe private credit bubble is about to burst and take it down 2008 style.
>>24134865>You don't lose money if you don't mark to market and halt redemptions.
Always darkest before the dawn...Hopium rises eternal.
>>24134988Checked....Silver performance in that time:>under $10 late 2008>Over $48 early 2011
>>24135011There was an initial selloff though with the eurozone crisis. Leverage looks spooky.
>>24134865the current liquidity concerns will vanish within a year or two and the Dow will go to 100k
>>24135678pam bondi is gonna freak
>>24135792Think of how many pedos you can protect with those kind of numbers.
>>24135819If the down doubled , she could even protect the crown from the coming storm named Trump
Is first majestic a good buy right now?
>>24135936No, but snowline is
I am buying Ivanhoe
>>24132680Highlander leading me today>>24135936Mega buy
>>24135947already own and bought the dip today>>24136015same as above>>24136018sitting at +17% on highlander, one of the few I am up on
>>24136015>>24136345based Ivanbroes
