/biz/ - Business & Finance

We thread keeps falling off even though gold is at an ATH. Yeah, I'm thinking bullish.

>>58013698
>We thread keeps falling off
Idk why I'm so incoherent these days....

Dividend payments today for AEM and PAAS bros

Dr. Copper is literally cumming

>>58014122
I'm ready for my $16 thank you Agnico

>>58014331
Damn
Benton is going to pump

>>58014393

Gary says

>>58014617
>Midnight attack.
>Cartel defeated.
>intermediate cycle.
Like clockwork. Keking my ass off.

>>58014634
>>58014617
>Cartel defeated.
I was wondering how the schizos woulf rationalize the price going up when the cuck narrative has been consistently defeatist thus far. Turns out, it was just that simple to beat le hecking evil conspiracy, by simply letting the market do it's thing. No doubt once the top comes eventually at some point, delusional permabulls will be crying wolf once again. But we'll be smart enough to sell along the way won't we?

>>58014899
its tiring. Gary needs to shill monkey coins or something.

>>58015513
it does seem he's decent at TA, better than I am anyway. That's his virtue even though he is schizo

Lithium is heavily overlooked. The toy car industry is dead, but the micro vehicle toy market is booming. E-Bikes and E-Scooters sales are going through the roof and they all run on Lithium, while the industry is heavily undervalued

$25.31

$25.40

>>58015657
since you seem to be more knowledgeable on lithium than I am right now (been meaning to look into it more once the market has cooled down from its retarded overheat), could you tell me about the cash cost/AISC curve or current supply/demand of lithium (real, not projected)?

do any of you guys trade oil? How do I get involved in it?

>>58016071
me on the left

>>58014899
I think it's just cope, instead of saying "I fucking bought a shit stock and lost my money", it's better to say "it was the cartel that made me lose money". It's just projection cope.

>>58016640
Me on the right, I am a man (male he/him).

Anyone know why Radius Gold popped ~65% today?

>>58017072
seeing as the market cap is like US$10M it was probably somebody with big pockets who decided to jump in head first. No news release from the company. Otherwise it could be some news that's related to the company but idk anything about Radius so I can only give my first hand thoughts

>>58017374
>seeing as the market cap is like US$10M it was probably somebody with big pockets who decided to jump in head first.
Thought of that myself after seeing no news releases. One big buy order that caused others to pile in fearing they might get priced out.

>>58017441
That or a buy order big enough to simply eat all the asks.

>>58017514
Looks like someone pushed it up 15% in 5 mins after open, and then I assume people fomoed in or the original buyer kept buying.

shle up another 3.5% today

LOL anybody see the resource estimate news release from ODV. Katusa has got egg on his face big time.
Unless they discover a big copper porphyry, then the Tintic purchase was a huge loss

>>58018435
impressive how one company can consistently underperform so badly. Fucking 150koz Au and less than 1Moz Ag M&I wtf hahaha

>>58016613
CC widely varies, depending on the source that is mined for Lithium. Prognosis tell that supply might out weight demand but I think those are questionable. Last year every second bike sold in Germany was an e-bike, equipped with a lithium batterie, and though the toy car market wont be what some freaks imagined replacing good old beaters that run for decades, it exists and the demand to secure cheap lithium batteries to compete with the upper middle class gas powered car market remains.

>>58018603
oh, and LAC just secured a 2.8B public loan to explore US lithium and they own through a subsidiary practically all of south americas lithium

>>58018603
>CC widely varies, depending on the source that is mined for Lithium
spodumene and hard rock or whateve right? Gotta read up on that more
>Prognosis tell that supply might out weight demand but I think those are questionable. [random data point]
I think a lot of supply has hit the market as a result of the influx of demand a couple years back. I'd have to look at the hard numbers globally but I would not be surprised at all if the lithium market is in oversupply even with the strong demand.
>>58018624
SQM excluded on South America of course.

>>58018654
>Source
Carbonate, Hydroxide and spodumene, from most expensive to cheapest
>oversupply
momentarily I agree, though that is the entire gimmick behind the lithium batterie based mobility craze; if one relies on a micro vehicle or some toy car, if one wants to keep driving, the batterie has to be replaced regularly, constant demand
>SQM
True, but lac and laac is basically the same. Argentina has more reserves than Chile and the US is just starting getting into theirs. With some help from the American taxpayer and a few US favorable "capitalist" government both are currently grossly undervalued.

>>58018995
>Argentina has more reserves than Chile and the US is just starting getting into theirs.
sounds like a lotta supply

How are things? Its busy season out here as things are thawing.
Copper spiking up?

>>58019434
yeh copper breaking out and silver and gold looking strong. Other commodities mostly following suit. This is our bull market year.

Bayhorse

I mean it's over for this tread It's about to be archived... The threads never hit the post limit lately.

>>58021839
Bottom signal

Fucking Justin taking $34.20 of my dividends and I've never even been to Canada, that's over an ounce of silver!

>>58021839
It's over. We got too cocky once again.

>>58021876
>>58022115
Idk if It's a bottom signal, or It's a signal that it isn't happening and we're just early. Time will tell.

>>58022062

you are paying my wagies. haha

>>58022115
>>58022203
Gary says $35 silver

Today's Crescat

https://www.youtube.com/watch?v=inAvZP_DW2g

>>58014331
Surge Copper with some of its highest trade volumes in years this week, somethings up in that space. QCCU also putting on some gains

>>58015657
Lol Toronto is banning all e-bikes from being load onto subway trains as they are too unpredictably combustible for the transport authority’s liking.

I’m not a fan of e-bikes either since I hate it when I’m booking it 35km an hour on my regular bike and some boomers in their e-bikes zoom past at 40km+. Fuck them.

>>58022764

I'm actually 40% down on surge, maybe worth averaging down next week?

>>58022115
things could be much worse fren, you could have gone all-in on Gold Mountain

>>58022764
did surge have any major news this winter other than taking over 100% control of Berg from Centerra? I ll have to go have a look in a moment.

Lots of steel news this week. Biden said he opposes Nippon Steel buying US Steel. CLF and union campaigned against bid, Trump said it's no good to have a foreign owner, and so Biden basically had to say the same for political reasons/votes. Lots of action in those stocks, US Steel (X) fell a bunch because now there can be no foreign buyer, therefore the company is worth much less.

Scrap and steel are still falling, iron ore crumbled this week. Most of this is driven by China falling apart, huge capacity oversupply situation. I do think we're going to reach a bottom here in the next month or so anyways.

>>58023680

what to buy

>>58023697

>>58023697
Nothing on sale yet stock wise, at least nothing I'd take a new position in. Futures there could be some deals soon, but the contract size is 20st (roughly 15k). I think some of the better companies (NUE, STLD) are overbought and are hitting their upper supports, we'll see if they fall down a bit. I think in the event of a big general market selloff steel mills could be a nice buy also, so, at least keep them on your watchlist.

>>58022764
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2630-tsx-venture/surg/155542-surge-copper-announces-2023-surface-exploration-results-identifies-new-porphyry-exploration-target-adjacent-to-berg.html

Surge had some interesting results last month as well as earlier, good intercepts with drilling at Berg and good results from their surface sampling program last year. Now if only they could get access to Huckleberry mill site.

>>58023680
Iron ore and steel are showing signs of a bottom desu, Dr. Copper is signaling for most other metals and energy to go up.

/cmmg/'s favorite band is going on tour with all electric and hydrogen tour buses
>https://autos.yahoo.com/metallica-tour-using-electric-hydrogen-133000872.html

>>58025530
let's hope these vehicles are actually drivable then lol. Remeber the Nikola shitshow?

>>58025191
I agree, based on scrap and iron being both at support. The news stays bad, people are freaking out about China dumping cheap steel, but from a technical charting aspect it seems to be slowing its drop. I also think people have been buying a lot less steel and when they do start again, it'll be strong.

Why do you think that iron ore and steel are showing signs of a bottom? Is copper a leading indictor?

>>58027007
Copper is a leading indicator for the markets in general, and I also consider it an inflation indicator.

>>58027088
>inflation indicator

is that because it's not manipulated like precious metals are?

>>58022788
>Banning e-bikes/e-scooters
>because of an irrational fear campaign
you do realize they are only a fire hazard if exposed to overheating, which in the majority of cases is overloading the batterie, not being in some 95° subway in the summer.

Either way, the same happens elsewhere, the result, the rule is ignored and cant, due to a lack in human resources not be enforced and a percentage ditching public transport all together going pure e-bike, which means less cashflow for public-private transport and more demand for batteries

>>58027864

I think the inference to be made here isn't that subways are so hot that bikes explode, it's that if a bike explodes, the gov't doesn't want it to happen in a crowded area they are directly responsible for.

>>58027842
no, and precious metals are more of a fear indicator anyways. Copper is simply used everywhere and is generally considered the economy barometer. That's why it's called Dr. Copper.

The Northern Dynasty Minerals saga continues!

https://www.mining.com/northern-dynasty-takes-legal-actions-against-epa-over-vetoed-pebble-project/

>>58029153
I was just looking at the Burkina Faso based Sarama Resources which caused the Dane to rope after their Minister of Mines inexplicably pulled their already long approved concession. They've been in the process of going into arbitration. Frankly the case couldn't be clearer desu, the law should be on Sarama's side. But of course you never know with legal bullshit against governments.

>>58029785
its usually a corrupt bureaucrat flexing to much that gets the whole local government in trouble. That major spanish copper gold project a year ago that lost their permits was the same thing.

Hello, any green rocks from Greenland investors?

>>58031640

>>58031640
thats a serious chunk of native copper!

>>58027088
Thank you, this is really good to know. I will do more reading about Dr. Copper. I've added copper to Trading View as a reminder. Thanks!

I'm currently in Fort Myers, FL and this place is a total dump.

>>58023289
I only buy Surge if it hits .06-.065, otherwise I don’t touch it any higher. I’m at the point in my accumulation where I have enough to capitalize on the ride up and have no reason to buy at higher prices like we have now. With QCCU, I haven’t taken a stab since I think Surge has less site-related headwinds but I’ll only buy them at 0.11.

Now that copper is over $4, I’m afraid those lows won’t be touched for quite some time.

>>58022764

>>58032928
Just did some quick maths, if Surge somehow re-claims it’s prior high of $1.78, my shares will be worth exactly 69,420. Nice!

>>58032928
has anyone been watching Imperial Metals to see how their doing? Their in the green currently thanks to high copper trend but they still havent got huckleberry up and running again.

>>58032747
Move to Tampa

Nicola could take off this year with good drill results

https://www.youtube.com/watch?v=zC69ywVqtJA

>>58034321
i wonder how they made out with the Osisko deal to process the ore stockpile at QR.

>>58034332
not sure, but they seem to have a pretty good cash position

https://ceo.ca/@newsfile/nicola-mining-inc-engages-dias-geophysical-to-conduct

>>58033884
I'm from Miami Beach, was just visiting my mom who was visiting friends in Fort Myers. I complain about Miami Beach but I wouldn't last a week living in Fort Myers, this place sucks. I haven't spent any time in Tampa except for a convention once or twice, I'll have to check it out sometime outside of work, thanks. I think about moving a lot but it's hard to imagine me outside of the tropics, I just hope the steel trading makes me rich enough where I can live the good life.

I'm about to go in on some futures contracts soon, I think we're bottoming.

>>58035267

are you buying the actual contracts? the only general steel i have available to me is the vaneck etf and that tracks producers, not futures

bump

let's keep this thread alive

>>58038426
It's over. This is the end of /cmmg/.

>>58027912
But they don't explode unless exposed to overheating. If you are too retarded to see why such a fear campaign has been launched to begin with, you have only yourself to blame.
The Lithium circus is currently in its super cyclical II of V. You are not supposed to buy the correction, you are supposed to buy the top of III of V

>>58035644
Yes, looks like I'll need to buy actual contracts. Interactive Brokers seems to allow for this. I think maybe Shwabb but I need to call them and make sure.

>>58038557
bullish

>>58039656
Bullshitish. Tomorrow we dump back to $1900 per oz don't we?

>>58039783
bullish!

>>58039787
It's over man, by the way this thread is going $1500 for an oz of gold on Monday.

>>58039783
Idk, but on Friday I bought some FCX 44 puts expiring in about a month.

>>58041332
Bold move.

>>58039783
I donno anymore. We could dump along the way but seems like gold is staying strong despite the usual indicators where it moves up and down. There is for sure buyers. I think right now the buying is based on the thought that the Fed will lower rates and that inflation is sticky, so when they (potentially) don't lower rates we could see a pullback also.

>>58022788
>Toronto is banning all e-bikes from being load onto subway trains as they are too unpredictably combustible for the transport authority’s liking.
State in germany is banning these too from busses and trains

A vehicle is too expensive for my lifestyle so I take the bus. Would get an ebike but winter becomes difficult, so it would just be the summer, but at that point I can just use a regular one and save $1000

>>58038557
Slow cmmg = equity hype = PM accumulation time

>>58022788
>I’m not a fan of e-bikes either since I hate it when I’m booking it 35km an hour on my regular bike and some boomers in their e-bikes zoom past at 40km+. Fuck them.
yeah I ride my bike and some fat fuck always in the bike lane using those. anything with a motor should be registered and drive on the road, fucking bike lanes and sidewalks are littered with lazy fucks on those things

I think the lithium play could be good, but, I get nervous operating in markets I don't understand and I feel like it would take a long time for me to get up to date on that. I'm busy enough with the things I'm trying to get smart at, like steel.

>>58041661
Not really. Just gambling with money I can afford to lose.

>>58035267
Tampa is gross
I was just funning you anon

>>58042951
I figured it would be, but maybe a bit more urban. I was bored enough to drive around Fort Myers and look at property, the "better" areas are quite expensive for being as redneck as it is. Imagine paying a million bucks for a lot and having your neighbor refurbishing an RV next to you. Bunch of fat boomers walking around day-drinking giving themselves skin cancer. Kinda based I guess but also smelly and depressing. If I make it, I don't know where I'll move. I guess that's why people have multiple homes but that seems like a lot of work.

>>58042537
the lithium play is the very base of this hypothesis. There is an entire industry that yet only rudimentarily exists for a demand that already exists and is growing and fitting into the narrative of the 15 minute city. You don't like sharing the bike lane with e-scooters and e-bikes, sounds like demand for an extra lane for e-micro vehicles, insurance and extra accessory to make them more street fit.
Afraid of them blowing up, even if not hooked up? Public transportation and company garages have to be made e-micro vehicle ready and one could ask for some fee.

>>58043204
I think the road to electrification is going to be a long one. Imo the rise of e-bikes and scooters is because the cost of ownership of a car is so high (for the average wage) and traffic is so bad. Same reason when you go to Taiwan there are all the gas powered scooters everywhere. We could argue that it's the discount store play, because Target (cars) are too expensive people go to the Dollar General (scooter). Or because the meat is too expensive, people buy more cereal, and so forth. The hypothesis makes sense from that standpoint, not to mention the increasing electrification of everything else.

I'm not saying money can't be made, just saying it would have to be deeply studied to see what the supply is like, what alternatives exist, what companies are involved, who is using it, etc

>>58043375
One way or another its a market with an actual demand, for now 2/3 in Asia with both, the e-scooter and e-bike industry together at a market value short of 100 B. Nothing compared to the 3T car industry. And those are just two niches of the market of electrification and demand for lithium.

If the demand comes out of necessity or for a particular change in preferences, who cares? Where there is a demand there is going to be an offer and a roi to be made.
>supply, reserves, competition, production capacities, roadmap feasibility...
Those are the Billion dollar questions, that lead to in what aspect of the developing industry to invest now to maximize profits later. As this is cmmg, that leaves miners, maybe distributors, commodity etfs and futures.

https://www.mining.com/web/top-miner-bhp-stands-down-25-of-nickel-project-workforce-afr/

BHP having a rough spell.

Just checked Silver and it looks like it's about to break out, yowzers. 3 year bull flag.

What are some other tickers (not silver) that I should be looking at that havent moved yet?

>>58045097
>Just checked Silver and it looks like it's about to break out, yowzers. 3 year bull flag.

>>58045097
>>58045339
Gary-san say Silver to $35

>>58045704
A spot just for me in the middle... Japan when bros?

>>58045781
April 1st

>>58045813
Omg... That's in just two more weeks! WAGMI!

>Rare Earths Discovery Near Wheatland So Big It Could Be World Leader

https://cowboystatedaily.com/2024/02/07/rare-earths-discovery-near-wheatland-so-big-it-could-be-world-leader/

https://cowboystatedaily.com/2024/03/17/company-expects-to-invest-456m-to-develop-huge-wyoming-rare-earths-deposit/

>>58046564
Can't say I'm a fan of the "green transition," but these magnetic minerals have other uses too, and it's good if Wyoming has a huge deposit of some rare earths.

>>58046615
As to coal miners and the idea that coal miners are just stupid beasts of burden who had God and community and didn't care about their working condition, bring that talk to coal country. Many coal miners nowadays are carrying a big chip on their shoulders due to all the anti-coal hate and layoffs of the past 15 years.
Just the other day I was talking to an elderly former miner in the Western Slope of Colorado who said he'd like to bash a liberal Denverite's head in.
Not even an hour ago I was chatting on a geology forum that I frequent, just talking about my job as a coal miner, and it triggered a Democrat woman who equated coal with "the fat criminal" and she gave me a warning that if I mentioned coal anymore she'd tear into me. Coal = Trump in the liberal minds of many. I'd like to smash this bitch's face into her brain and would probably enjoy doing it.

Coal miners are fucking fed up from the bullshit. Coal miners in the past have been massacred for wanting lives better than being paid in scrip and living in the company town and shopping at the company store. Many coal miners come from mining families that go back generations in the mines and they have long memories. Coal communities have long memories.
If this government ever falls, I mean it when I say coal miners are going to be involved in a lot of purges of their enemies. The anger is palpable in coal country, even if hidden most of the time.
The image on this post might trigger certain people. If it does, that's your problem. Come take your shit-talk to West Virginia, Wyoming's Powder River Basin, eastern Kentucky, far western Virginia, or some other mining region where coal has been the lifeblood of the economy and society. You won't fare well.

>>58046615
We will need a lot of steel for the "green transition", and therefore a lot of met coal. The electric arc furnace mills won't be able to do it on their own and at some point we're going to run into a scrap capacity pinch.

>>58047228
The ignorant fucking liberals and Democrats and the socialists in general need their heads beaten in so they can learn a damn lesson. I don't think these leftist types realize the level of hatred they've engendered against themselves from not only people who work in coal but from the blue collar class in general. If it weren't so illegal, many "rednecks" would probably be hunting liberals for sport and for revenge.

>>58047233
If the US could produce a billion tons of met coal a year, I'd be a little more okay with the "green transition," but I think the green agenda means the end of the line for most coal mining in the West, except maybe in Australia where they mine it mostly for export. (Though environmental groups down there are protesting to shut down all coal production.)

>>58047688
I also think this green energy crap is going to put a huge dent in civilization and quality of life. It's basically like a Great Reset to energy sources with much lower energy density than hydrocarbons like coal, oil, and gas have. Lower energy density means lower standards of living and higher costs for everything, since energy is the basic resource.
Asia will be doing good while people in Western countries live like crap.

>>58047809
Energy density, and its role in modern civilization, is something that people like the shitlib cunt in the geology forum don't understand. They really believe we're going to head into a great, futuristic society using wind power. They don't understand that a low-energy-density civilization will be far more labor intensive, with a lot less extra resources to devote to their pet projects, than what we have today.

>>58047923
its because there is a whole subset of the population who have been completely cut off from experiencing what actually goes into making our civilization operate. They have no clue how much effort, how much treasure is expended to make this technological future possible.

>>58048561
This lady I was just talking with about my job didn't even understand the difference between metallurgical coal and thermal coal. She was just saying no coal should be used. I explained that China uses 6-7 times as much coal as we do, then she said she didn't want to get political or else she'll have to berate me about a "certain fat criminal," i.e. Trump.
Trump Derangement Syndrome is very real, and Coal = Trump in some people's heads. It's bizarre just to be talking about the properties of coal and mining methods and then suddenly I'm a Trumper under attack for being seditious or some shit. Trump didn't even help the coal industry in his first term; production kept falling and the coal plants kept closing or being converted to natural gas. I support Trump because Biden definitely has it in for coal while Trump is just indifferent unless they swing the election for him (like Pennsylvania miners do), but I am not even a hardcore Trump guy.

You're absolutely right that a lot of people have no idea what actually goes into making civilization work. Mining, agriculture, logging, fishing, and of course manufacturing, logistics, freight of all sorts. The economic base is something most people don't deal with directly; instead, they go to a store and food is there, they flip a switch and light comes on, they drive around and gas stations are plentiful and don't run out of fuel anymore.

>>58048561
If it were up to me, the USA and Canada would be manufacturing giants again and would be mining our own raw materials. This would help put our society back in touch with reality. Instead of financial hallucinations that just shift around claims on wealth acquired decades ago when the West produced things, we'd be producing real, tangible goods in great quantities once again.
Coal would go a long way to remaking North America as the world's industrial giant.

Also, as to the rare earths discoveries in Wyoming, what I've heard is there is a lot of buzz about it in the coal communities of the Rockies (Colorado, Utah, Montana, Wyoming), because if those mines go under in the next decade, then perhaps the miners can switch to rare earths. There is a lot of hope among those miners for possible future jobs.

I am a coal partisan and will stick with Sweet Lady Coal, but whatever creates more mining jobs is something I can dig.

>>58048838
>didn't even understand the difference between metallurgical coal and thermal coal. She was just saying no coal should be used. I explained that China uses 6-7 times as much coal as we do, then she said she didn't want to get political or else she'll have to berate me about a "certain fat criminal," i.e. Trump.
Thinking about it now, I suspect she sensed she was losing face in the discussion and just decided to pull out the politics card as some kind of Trump card to save face, like she knew that she was looking ignorant and so she resorted to implying I'm a Trump fan to feel like she won the debate. I didn't even know it was an argument and was just talking about coal characteristics and mining techniques and amounts mined in different countries.

>>58013630
pilgrims society's control of silver is slipping. pilgrims plan for new world order needs illumination to masses. silver is the soft underbelly

>>58049666
nice try Satan not falling for that nonsense

>>58048838
>She was just saying no coal should be used.
A ton of people are simply ignorant they protest against mines and oil drilling, and the next day they get into a car to drive to work, and they never realize their hypocrisy, and the moment you point this out to them it ends up being an attack on their character, because they have to realize their own stupidity which very few can and will do, so they opt to use some of the coping mechanisms to preserve the illusion that they are right.

>>58048838
>This lady I was just talking with
There's the problem.

>>58050200
I think this is exactly it. And the media's constant fearmongering about the weather isn't helping either. They have some huge portion of the population convinced the world is ending soon.
Maybe it is, but not because of the weather. The greens are a bigger threat.

>>58050949
It's gotten to a point where I can't stand most women today. They're tiresome, annoying, and just not even attractive anymore. Thank God I'm middle age and the lusts of my body are pretty much gone. Being younger and attracted to these harpies would be a real hell.

>>58051280
>The greens are a bigger threat.
This whole website, for example, called Global Energy Monitor, just exists to document every major coal mine in the world and bash it for its environmental harm. The amount of work put into the site is enormous, in knowing all these mines. The greens are like Bolsheviks: very dedicated and always working behind the scenes.

https://www.gem.wiki/West_Elk_Mine

https://en.wikipedia.org/wiki/Global_Energy_Monitor

>>58051375
The idea that the left is lazy is just untrue. The communist and deep green leftists are fanatically devoted to the cause.

>>58051289
Decades is wisdom in this post. At some point, the veil lifts and men can continue succeeding, conquering, and exploring without distraction.

>>58051408
I don't want to discourage relationships with women, in case there are some decent women left out there, but I've just seen too much BS from modern women to want them any longer.
I could use a younger woman to take care of me as I age. Maybe I'll go to Indonesia someday. I can get care, she can get financial support. A nice tradeoff

>>58051408
>the veil lifts and men can continue succeeding, conquering, and exploring without distraction.
Definitely. Men have to get past "pussy obsession" to reach their true potential. This doesn't mean you can't have a woman, it just means you can't be obsessed with her. And real women want men of ambition who go on to fulfill their potential anyway. Natural women are cheerleaders for their men.

I'm nearly 40, an autist, and just tired of women in general. After my last girlfriend I've decided I'll just get a dog instead at some point. I just want to make sure my life is setup well for one to have its best life. My dad is getting older, and he's the only close to me family I have, so when he passes I'd be all alone. I'm thinking of getting a cavapoo and have been reading about them. I need a smaller dog because of back problems, my desire to transport it easily so he or she can stay with me a lot (they are velcro dogs), and I really like their temperament.

Steel continues downward, but next months contract are 100 bucks more than this month. I think we're bottoming. Scrap is $10 more next month also.

..also, maybe a better post for /smg/, but since the problem seems to be cocoa prices effecting the stock... anyone else interested in Hershey right now? PE is down to a reasonable level, eventually the cocoa prices will fall back to a reasonable level, and fat people are going to keep being fat no matter what drugs they shoot into themselves. There also seems to be some potential rotation into "value" when people get burned on tech, which eventually may happen.

>>58051952
The only people left with whom I am close are my elderly parents, whom I expect to pass in this decade. I too need a dog for company soon. I love animals anyway.
I had a brother who was pretty troubled whom I expected to take care of and live with as we got older. All he'd have had to do is take care of the house a bit and I'd have supported him. But he passed last year.
The coming loneliness of my parents passing is not something I look forward too, since they're the only people in the world who basically understand me.

>>58051952
Do you think soft prices for steel are bringing down met coal stocks? Alpha Metallurgical Resources has taken a real dive in the past month.

Sorry to put Reddit on here, but I follow r/collapse to see what direction the climate change propaganda is going, since this is useful to producing counterarguments.
A new trend is to mention heat index like it's the raw temperature and say that we're seeing 150F temperatures in certain parts of the world.
No, the highest raw temperature ever was like 137F in Death Valley, California in the 1930s, if I recall correctly. Heat index temps in the 140s+ have been around since temperature recordings began, but now the climate change propagandists are mentioning these heat index calculations instead of raw temperature to get people freaked out about the weather.
This is a huge disservice to humanity because it argues against the use of hydrocarbons, which has lifted billions from poverty and can life billions more out of poverty this century, and because many people, especially young and naive people, are being scared witless that the world is ending imminently due to "climate change" and "global warming." Kids are being traumatized with this bullshit and so called "scientists" are fucking behind it and are either lying or are misled and following a bandwagon.

https://www.reddit.com/r/collapse/comments/1bgwmto/suffocating_heat_at_601%C2%BAc_140%C2%BAf_rio_de_janeiro/

>>58052973
There are actually kids today who feel hopeless because they believe the climate is going to kill them. And then there's the Trump paranoia and all the young people being taught that he's the next Hitler and is going to ruin their lives.
The media are criminal, as far as I am concerned, and are possibly the institution most responsible for ruining the West, up there with recent academia.

>>58051280
Great point.
>>58051289
>It's gotten to a point where I can't stand most women today. They're tiresome, annoying, and just not even attractive anymore.
Man the things women say... Fortunately or unfortunately I still feel an attraction towards some.

>>58052393
met coal is in a shoulder season and steel is down, both probably reasons for met coal stocks being down

>>58045813
Show butthole.

>>58053147
Thanks, anon. I don't follow met coal as much as thermal, since I'm an energy guy, but I will start following met coal more.

>>58053179
Matt Warder is a guy worth following on coal markets, guy knows his shit

>>58053027

Oh yeah we haven't even seen the worst of this.
Once these people start feeling absolute hopelessness and hysteria, they're going to become extremely dangerous.
The powers that be think that they can rule masses through keeping them in fear, but going way overboard like this is like cornering a rat.
Instead of acting demoralized and frightened so they can easily be controlled, they will become extremists.
We're going to see these hysteric fuckwits start killing people who in their eyes pollute and therefore are directly responsible for killing others.
It's only a matter of time until climate extremists are going to start killing people who drive trucks or dare to take a shower longer than 4 minutes.

>>58053202
Thanks for the heads up

>>58053222
>The powers that be think that they can rule masses through keeping them in fear, but going way overboard like this is like cornering a rat.
Absolutely!
Your whole post is spot on.

>>58016623
Oil companies or the commodity itself? There are plenty of ETFs depending on what you're trying to do.
>>58018398
Thanks for sharing this back in like October, it's been a good one for me

Thinking about buying some beat up copper stocks like ATY.V or BMR.V here

>>58052973
100% artificial. Giving those artificial cultists any attention is reproduction of their ideas. Just don't. Delete this shit or gtfo you retarded parrot

>>58052111
I think we have a good plan then. We'll make money as best we can and pamper a doggo. Main thing I need to figure out if I got a pet is, since I'd have no friends or family to help, what to do if I traveled a bit or my dad got sick and I needed to run out, etc. All things that are workable, likely it's just about having a pet sitter on call and having the money to spend extra for their care.

>>58052393
Could be a factor, but I don't see much correlation with AMR. What are some other met coal stocks I could compare?
See attached.

>>58053877
>ATY.V
looks like it's turning up desu

SCOTTIE

https://www.youtube.com/watch?v=BKwljbv2SAM

>>58016623
After the 100% payout announcement CNRL is basically a royalty company now, right?

Source energy services up another 5% today
These guys just keep kicking ass. I'm up 550% on sand in just over one year.

Hope you guys aren't sleeping on oil field services and fracking sand

>>58015657
Hopefully good news for my SQM stock

>>58054275
First of all, I won't take it down. What are you gonna do about it? Act like an idiot?
Second, you don't know those views or feelings are "100% artificial" unless you're a mind reader. I encounter people regularly who think coal is horrible and is destroying the planet. I'm sure some people are using "climate change" cynically as a political tool. No doubt. But their power depends on having a core of true believers behind them.
And I don't get who you think you are to just talk to someone the way you do. In real life, you'd be smacked in the face for shooting your mouth off like that. Someone needs to give a dose of reality because you come off like a cocky, spoiled little kid.

>>58054399
>Could be a factor, but I don't see much correlation with AMR. What are some other met coal stocks I could compare?
Warrior Met Coal is publicly traded. Allegheny Metallurgical is not publicly traded, to my knowledge, though they're a rather new company and I'm not as familiar with them.
Otherwise met coal mines are just part of the holdings of mixed met/steam coal producers like Peabody, Arch, and Alliance.
So there might not be enough US data to make for a thorough comparison.

Alaska has mucho coal
>Alaska's total identified coal resources (all ranks) amount to more than 160 billion short tons, and hypothetical and speculative resources are as great as 5.5 trillion short tons. Most of Alaska's coals are bituminous, but there is a large secondary class of subbituminous coal and minor lignite and anthracite deposits.

https://dggs.alaska.gov/energy/coal.html#:~:text=Alaska%27s%20total%20identified%20coal%20resources%20%28all%20ranks%29%20amount,subbituminous%20coal%20and%20minor%20lignite%20and%20anthracite%20deposits.

>going through my bills for taxes
>notice some months Gary doesn't bill me
Anyone else or just me? Is he giving occasional freebies or is he fucking up?

>>58056501
You got the intermediate cycle pass. Welcome to the club.

>>58056448
Alaska also is home to the huge and mostly untapped national petroleum reserve. Not to be confused with the strategic petroleum reserve.

>>58056526
Isn't the acreage there mostly better for gas though?

>>58056590
8.7Bbls of recoverable oil and 25.5Tcf of gas is the current estimate. Yuge.

>>58056526
No doubt Alaska is home to an abundance of resources, just like Canada and Siberia and Greenland. If people are just now finding a giant deposit of rare earth metals in Wyoming, imagine how much undiscovered mineral wealth still lies in those regions, or in Antarctica, or in Africa.

>>58056827
>8.7Bbls of recoverable oil and 25.5Tcf of gas is the current estimate
Bretty good. Not even close to Venezuela in terms of oil and Russia in terms of gas. Although I think there's plenty more oil and gas in the US than we are currently aware of.

>>58056837
Natural resources are just so exciting! I'm like a little kid when I get to talk about them, their locations, quantities, properties, uses, methods of extraction etc.
I even know, reasonably well, a guy in Wisconsin who owns a small logging company. He logs people's lands and thins out overgrowth on the condition he gets to keep the wood and sell it to paper mills or manufacturers. It's a good business and really interesting. I even enjoy talking to him about his knowledge of different trees and woods.
The foundation of the economy is raw materials from agriculture, logging, mining etc. Yet this sector doesn't get the glory that high finance gets. It's a shame. Much more talent should be going into these areas and a lot less into concocting financial shenanigans on Wall St. If someone isn't afraid of getting dirty or working long hours, there is also good money to be made in these sectors even with just a high school diploma. A first year coal miner at the right company can make 100k, same with a railroad conductor, who might even make a bit more than that.

>>58056907
>Although I think there's plenty more oil and gas in the US than we are currently aware of.
For sure. The idea that we've already catalogued all that's under the ground is ludicrous.

>>58056907
Natural gas deposits can be extremely deep. There's no way we know all of them when many are likely sitting miles underground.

>>58056907
That's only Alaska so not bad at all to say the very least

>>58057097
>There's no way we know all of them when many are likely sitting miles underground.
Yup. there is thousands and thousands of years worth of energy in the earth, that we know of. I wonder how many thousands of years worth of energy we aren't aware of? I'm only talking about fossil fuels btw, if you add uranium to the picture well we aren't talking about thousands of years now, maybe tens or hundreds of thousands. And when renewables get more efficient the picture looks even better. Well point is there's no such thing as an energy crisis, if it were allowed for these resources to be exploited to the fullest.

I'm really confused on why America doesn't manufacture cars that run both on gasoline and LPG or methane, both of which have a cost of around ~$0.80 per gallon which is much cheaper then the equivalent in gasoline or diesel. Sure you might lower the MPG and the HP a bit, but the fuel is like 70% cheaper. Why isn't this a thing? There's plenty of gas infrastructure in the US.

>>58057563
A lot of busses and delivery fans are powered by LPG. Some pickups became popular during the early 80s because of the fuel crisis. They are banned from parades usually due to being explosive.

>>58057596
Vans are parkades. I have fan fingers.

>>58057596
>A lot of busses and delivery fans are powered by LPG.
Wasn't aware of that, but makes sense. I was think about cars though.
>Some pickups became popular during the early 80s because of the fuel crisis.
Maybe it will pick up again now that gasoline and diesel are ~300% more expensive than LPG and methane.
>They are banned from parades usually due to being explosive.
Weird, I though gasoline did more damage when exploding than LPG or methane, or do they explode more frequently compared to gasoline? Although I'm not sure that's an issue nowadays with all the safety features.

>>58056289
Yeah, Warrior Met Coal doesn't really correlate either, maybe a little bit. It's possible other factors are currently just far outweighing the actual product demand right now in those businesses. It looks like they are seeing some big growth, so, that might just be hiding a correlation that will come once they mature maybe?

>>58057627
Kek gotcha.

Steel (HRC) at 799 today, but April futures at 865 now. Hopefully that trend continues! China’s oversupply seems to be the big risk.

Attached is a graph of HRC1 (current month) and HRC2 (following month) together. You can see there was a fakeout where the forward month futures bounced on the last down leg, but, that is the only time I've seen that looking back in time. So, we may be reaching our bottom here. Maybe 1-2 months to reverse? I think that will depend on China.

>>58057394
>point is there's no such thing as an energy crisis, if it were allowed for these resources to be exploited to the fullest.
Exploiting these resources to the fullest is also humane and good for the environment. Europe still has decent forest cover because of the exploitation of coal after Britain began to run low on trees for fuel. Whale species still exist today, after many of them were hunted to near extinction, because we began burning "rock oil" (petroleum) instead of whale oil for lighting.
Billions of people have been lifted from mere subsistence because of hydrocarbon/fossil fuel energy, and billions more could be emancipated from poverty in this century.
Putting the brakes on the use of our resources will do much more harm, I think, than good, both for humanity and the environment. I've already heard of proposals to clear cut forests to build wind farms. What's the point?

>>58057719
Met coal producers have seen huge demand growth in the past few years, despite some pullback in their share prices in the past month or two. So I'm not really worried about it.
For many reasons, the world is going need a lot more steel in the future, green agenda or no. Just regular economic development in places like India, Southeast Asia, and Africa are going to create huge demand for steel. And so will rebuilding or refurbishing Western infrastructure.

>>58057885
I agree 100%. Well said.

>>58057929
I think where it gets very complex, and I still have a lot to learn about, is that there are the domestic orders and then export and import prices. It's similar to steel in that the international markets will influence the prices, plus of course currency since those companies are pricing it in dollars. Metcoal prices are above historical price levels and supported by not much change in output changes, there isn't a bunch of new capacity coming online. As you mentioned, the worldwide demand for steel is likely going to increase and so met coal prices should be sustained long term. But, I think short term they might seem some lower pricing and maybe that's getting reflected in the stock prices.

FWIW, that AMR pullback looks like something healthy to me. When they are straight moonshots I get worried that they're going to be blowoff tops and come crashing down. Wish I was on that ride.

>>58057929
>>58058702
...I might even dip a toe in around here. Maybe when RSI goes to the bullish side.

makes money too, lol, more than I can say for a lot of miners.

>>58058873
AMR looks like it has a bottom at $300 or maybe $265 based on moving averages. Fundamentally the business is sound and keeps buying back shares, although not the lowest cost met coal producer. Warrior as far as I know is the lowest cost.

SALT and Triple Point frens, I haven't had time to watch this yet to see what the CEO has been doing

https://www.youtube.com/watch?v=bgD9igNviCY

>>58058947
Warrior looks like it is right down bouncing off it's lower support also. Maybe not a bad entry point for these two.

>>58058702
That's very interesting stuff, and thank you for finding that out and putting the information out there.
As to AMR, yes, I've been wondering for quite a while when there would be some "profit taking." It hit $200 per share, then 300, then 400+ and I was astounded by how it just kept rising. This could well be a healthy development.

>>58058947
Yeah, AMR has a lot of small room and pillar mines, which aren't as efficient as longwall mines.
Arch Resources' Leer Mine and Leer South, for example, are longwall met mines that produce a ton of met coal for about $50 in operating costs, from what I've heard from a manager there.

>>58059061
My pleasure, I'm an open book as I learn. I've been eyeing VALE lately too. You can see my sketch of the trade I'm thinking off. VALE does move with steel really well.

I did correlation analysis on VALE back to 2016: (0 is no correlation, -1 is inverse, 1 is perfectly correlated)
Steel=0.71
Scrap=0.78
Iron=0.79

I personally thinking scrap and steel are entering a bottoming phase, they are right at support, starting to hear about utilization going down (even whispers in China) the catch is China but I have to believe their government is going to step in. So, I might be a buyer down here. I think I'd set my stop loss below 11, so I don't get shaken out. I guess that's a 2:1 risk ratio, fairly decent?

>>58059061
>>58059165
and here is VALE next to steel futures. Not bad, right?

I gotta run for a bit.

>>58059165
>>58059216
I tend to be an open book as I learn also, and I'm trying to learn something. It keeps the mind active.
VALE looks very interesting. I like how they're involved in mining many different miners. Very cool
I work for a mine servicing company and could see other types of mines too, but mainly work longwalls, so I tend to go to coal mines. I do have skill on conveyor belts too, though, and could take that to metal mines or really any kind of mine.
VALE looks great!

>>58059276
I think VALE still has some billions of dollars of liabilities for that massive dam failure, idk if they're still being hounded on that disaster

>>58059365
I'll keep that in mind. Perhaps steel anon can shed some light on those potential liabilities when he is back.
In any case, VALE looks like a solid, diversified mining company that's doing good things and, I hope, it learns from its mistakes.
China sometimes tries to recruit American, Australian, and Canadian mining experts in safety, health, and environmental impacts. Maybe VALE needs to recruit some of these guys too.

>>58060343
I'm all for responsible, safe mining and environmental care. I don't think mining and environmental concern have to be at loggerheads. The thing is, I just don't believe CO2 is pollution like so many environmentalists today do, to the extent that they are obsessed with CO2 to the detriment of other issues. In an affluent country especially, we can have extensive mining and beautiful natural environments.

I was surprised to read about some salt dome sinkhole that VMC was partially responsible a few years ago

>>58059276
>I tend to be an open book as I learn also, and I'm trying to learn something.
You anons are the only ones that give a shit anyways. I will share what I know (and be honest about what I don't). I hope we all get rich.

>VALE looks very interesting. I like how they're involved in mining many different miners.

VALE is correlated enough where I feel like if I feel that steel is going to reverse I would swing trade it, and thus I'm going to enter a position in it. It's also a profitable company and not some stinker long shot, that's the nice thing about some of the steel/iron/coal related stuff, these aren't junk companies. Nothing against gold and silver but I feel like there is more charlatans in those and it's harder to find good stuff. I've so far made 21% returns on steel and iron stocks this year and while that isn't Nvidia or something, it's better than I'm making in t-bills and it doesn't seem like it's overhyped and getting talked about on CNBC all day. Moreso, I didn't experience the downturn last year.

>I work for a mine servicing company and could see other types of mines too, but mainly work longwalls, so I tend to go to coal mines. I do have skill on conveyor belts too, though, and could take that to metal mines or really any kind of mine.
Super cool, you have the hands on experience.

>>58059365
>>58060343
VALE isn't a diamond, for sure, but they have been lowering their debt. In '20 they had 20B in debt, '21 they had 18B in debt, then '22 they had 12B, then '23 14B. There is at least a trend of progress, but there is still enough risk where I wouldn't put a big position on them. It's more of a swing trade, not a company to fall in love with. They do have a ton of assets though, like 18B worth that outweighs their liabilities. So it's not some junk company.

For a super long term hold I'm looking at Hersheys. Maybe still a bit expensive, but, think the cocoa spike is an event and not a trend change.

VALE financials. During covid they made a lick like everyone else did, but I've been kind of voiding those out and looking at the pre and post covid trends for companies to get an idea how they do when they don't have quite that amazing spread. VALE doesn't make me feel warm and fuzzy, but, it looks like something I'd take some reasonable position in.

Their P/E of 6.5 or so is on the lower end of the historical. Not investment advice, I've gotten creamed before kek.

PE historical with my crosshairs showing the line.

Sorry to brain dump, but, I should also add I'd probably enter those trades when the RSI went positive. A bit less gains but much less risk, and the historical RSI of those companies backs that opinion up.

>>58061039
>>58061049
>>58061174
I would look for a failed breakdown (bear trap) to buy. Similar to what F did last year (same pattern).

>>58061248
where do you think that bottom would end up? how do you estimate that?

>>58061248
>>58061307
and yeah I think that's where it's critical to see that the RSI changes to bullshit before buying in. I think the biggest thing I've learned from RSI is to instead of buying in the oversold condition wait until it goes into the bullshit pattern (little line above big line) and then dig in. Your F example is a great one of that.

>>58061307
It looks like a descending triangle (bearish pattern). Those you can calculate the bottom target by measuring the distance from the top of the triangle to the flat portion and extrapolate that from the breakout (equal distance).

But look out to see if the sell below the support gets reversed back up (trapping everyone who was waiting to go short). If that happens it will short squeeze up into a bull move like what happened on F last May (I was watching that one to go short at the time).

>>58061389
That would put it at $2, which did happen in '16. Similar pattern. I'm not sure what the iron "climate" was in 2016 to understand why it went that south.

>>58048838
Funny cause I faintly recall Biden being at the very least coal-neutral during the 2008-2012 campaigns

>>58052973
Holy fuck, global average temperatures where about the same in the Devonian period, and about 10c higher during the Mesozoic era. Last time I checked, human man went around 2-300 million years ago, and yet the climate was even more elevated and warm.

Japan announced the end of negative rates. This is big.

quick adit bump!

>>58062989
wow, the end of yield curve control in Japan. I wonder if that will influence our Fed meeting this week.

>>58064041
DXY to 85

The real reason miners are in the dumps is because Trudeau is still in power. No one wants to invest in a sector whose financials are tied up in Canada with that clown in charge.

>>58060962
Have you also considered the other iron ore companies yet? Rio Tinto, BHP, Fortesque?

>>58060962
Thanks, fren
I'm just impressed with how diversified VALE's mines are, from iron to some coal. That, to me, a real mining company there.
I might put a little money on it, but I am mostly into savings at this point.

>>58061908
Biden swings with the wind. So now he's hostile to coal, but it's probably no great ideological conviction on his part. Just trying to please part of his base

>>58062062
I don't think global warming, even if it's real, is that big of a threat. It means Greenland, Canada, Siberia, and maybe eventually Antarctica will become usable land -- thousands of years from now. It's not a big deal and shouldn't be stopping us from improving our societies and our standards of living.

I am currently discussing with a geologist this specimen of coal in his collection. It's Alaska anthracite mined in the early 20th century.
That would be my dream job: to work in an underground bituminous or anthracite mine in Alaska.
This piece of coal is so clean it leaves no residue when you touch it. Pittsburgh seam coals, on the other hand, like in southwestern Pennsylvania and northern West Virginia, are very greasy and leave your hands and even your face black when you work with them.

>>58064080
DXY is actually up. I thought it was going to go down to 101.5 based on that lower trendline, but, looks like meme-lines didn't work. DXY going up is going to be for our commodities play :(

>>58056501
>people pay to be told about the intermediate cycle, the cartel, and 8 year cycle low

>>58065672
Isn't Antarctica getting more ice actually? afaik the Northern hemisphere has lower ice and Souther hemisphere is gaining ice

>>58065852
Dollar is probably going to remain strong relative to most currencies desu. Doesn't spell doom for commodities.

>>58041332
Looking good.

>>58066036
Could very well be. It's been a while since I heard much about total ice cover in Antarctica. Usually what I see are headlines about some ice sheet breaking off (which is a regular occurrence and how icebergs form), which is supposed to be a harbinger of doom.
Yet these stories don't discuss total ice.

Nigger

>>58066258
They're usually referring to the Arctic, that's where the ice is actually decreasing

It's over... It's not happening...

Energy bros....we're gonna be eating good

What are some good energy tickers besides uranium

>>58067761
I told you that two years ago

>>58064041
Are the Americans debasing their currency to do to China what they did to Japan in the 80s?

>>58068555
XOM, CNQ, ARX

>>58068588

>>58068738
Me in the mirror there
Wish I died in that car crash

>>58068621
thanks senpai

>>58069068
>Wish I died in that car crash
>AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!

>>58069068
I'm glad you're alive brother and I know you're in a better state than you were when you first woke up in that hospital. Give it the same time again and your state will be better than today.

Make a real fucking effort to spend time outside and get daylight too. It seems like a small thing but it isn't.

SALT

https://ntv.ca/st-johns-company-aims-to-open-salt-mine-in-bay-st-george/

>>58069869

https://oilprice.com/Latest-Energy-News/World-News/US-Aims-to-Restock-Strategic-Oil-Reserves-by-Year-End.html

>>58061248
I bought 45 shares this morning of, what I think, is a failed breakdown. Thanks for the lesson. Not sure at what points I'm going to take some money off that table (provided the trade does well), working on that now.

Brunswick broes, just when you thought the slide was halting and a reversal was imminent ...

>>58069843
I will get more sun. The rains have slacked up and it's warm out so I have no excuses left. I stood up yesterday with assistance from a walker. Baby steps
Ostomy reversal next week. Glad to be rid of that shit bag

>>58073023
You're one tough motherfucker. Looks like hell brother.

>>58073023

>>58073023
>had to take skin from your legs to form your nu-pebis
>top surgery
>ketchup nipple (???)

>>58073555
(Obviously this post was a joke, please take care of yourself, you survived for a reason, dont beat yourself up over what happened >>58069068)

>>58073023
This is too real, get better Riddle

nuclear power, hydrogen fuel

y/n

STEEL UTILIZATION UPDATE!
>In the week ending on March 16, domestic raw steel production was 1,714,000 net tons while the capability utilization rate was 77.2%. Production was 1,718,000 net tons while the capability utilization then was 76.9%. Production for the week ending March 16 is down 1.2% from the previous week ending March 9 when production was 1,734,000 net tons and the rate of capability utilization was 78.1%
>Adjusted year-to-date production through March 16 was 18,307,000 net tons, at a capability utilization rate of 75.9% That is down 3.1% from the 18,886,000 net tons during the same period last year, when the capability utilization rate was 77%


>>58073023
hey buddy, I was in an airplane accident when i was 8 and my stomach looked a lot like yours. I had internal bleeding in six organs from the impact. I spent fucking ages in the hospital, then there was all the after-hospital stuff. I'm 38 now and still go to PT because of my spinal injury. I can walk and everything, I just had a lot of spinal issues from the crash. Pain. This is what my stomach looks like now. When I was 8 it went all the way up my chest, but, since I grew it's now just about half my torso. It deformed my stomach pretty good, but, honestly whatever after all the pain. Now I'm pushing 40, still a miserable fuck, but it did give me some perspective. I'm only saying this to say that you'll eventually feel better. You made it to the other side and now you're in the brutal recovery phase, and yeah it's long and mentally taxing but stick with it. Please excuse my hairy disgusting stomach, but, yeah pic related.

After all this I imagine you'll have a lot of physical therapy, stick with the PT. I found the physical therapists to be a critical path to getting where I was semi-normal mobility wise. And like I said, I still use PT on and off. If you're in the Miami area I have a great recommendation.

Oh, and we're going to make lots of money being commodity autists.

>>58074712
Steel anon, if I may ask, what country are you from?

>>58074940
I'm from America. I was born in Chicago but mostly grew up in Miami Beach. Been here almost 30 years.

>>58074940
Shasta
I'm not steel anon tho. I'm lassenigger

>>58073594
Desu, are you ok?

SUVnigger anon checking in.

>>58075917
I like to have fun

Anyone touching Global Atomic here?

>>58076094
Good
You deserve it

Also I forgot that I get these action note things from TD since I have an account with them.
I don't have a position in this and don't want to really look into it, but would you guys like to see more of this sort of stuff when it drops?

Is AUMN completely fucked?
https://goldenminerals.com/news/2024/golden-minerals-reports-full-year-2023-results

>>58074712
I've got a pt appointment next week

>>58077323
yes

Morning everyone. I think I'm going to start to exit my MRO. Lots of people seem to be thinking it's going to break out, but I did make a decent lick coming off the support line and I think my trade is more of a sure thing than the breakout. I might start trimming as soon as today. I'm up 18% (about 400 dollars). Do you think I'm exiting too early and maybe it'll break out?

>>58077842
Nice man. Even just getting blood flowing is helpful, first sessions will be just baby steps.

>>58080399
when in doubt, profit is profit.

>>58080566
Yeah. There are also a lot of names at lower supports that it may be nice to have the available cash for, versus risking this at an upper for a maybe breakout. Also not sure what's going to happen with the Fed, I think people will expect more of the same but if we get a doozy this afternoon from the press conference..

>>58015657
>>58042537
I don't think lithium will be the next big play. The metal is really common and every third world country is setting up mines because it's so easy to mine. The price is cratering right now.

I like steel and CLF here.

>>58081638
Nice
I bought some ASTL and STLC.TO recently

https://www.yahoo.com/finance/news/coal-billionaire-building-world-biggest-052901626.html

>A coal billionaire is building the world’s biggest clean energy plant and it’s five times the size of Paris

The American coal companies are nearly done. The big mines are barely hiring anymore. It's layoff after layoff.

>>58082458
I really think Western Civilization is not long for the modern world. Maybe ten more years, if even that long, you'll have reliably electricity and water.
If you want a modern life, get to Asia as soon as possible. Get out of North America and Europe, Australia and New Zealand probably too. Go to China, India, or Southeast Asia, marry into a local family, and try to get citizenship or permanent residency.
When electricity is no longer reliable in the West, same with food and water, it'll get ugly fast over here.

>>58082599
Russia might also be a good place to move. Russia-China are becoming a rival political alliance to the West and are doing so quickly.

>>58082599
You're overly pessimistic, and the fact that you mentioned India as a reliable place to live in comparison to a western country is quite funny, because India is a fucking shithole. China isn't the best place to live, southeast asian countries like Singapore and Malaysia are better. Outside of these two countries nothing compares to western European and North American countries ,maybe some countries in the Balkans or small places like Georgia, Monaco or the Cayman Islands, Dubai etc... Anyway you can never get a citizenship in some of the great countries, and some EU countries offer visas with tax exemption which are good to live in if you're rich. Most of the countries in the world are absolute shitholes. Idk if this paragraph is coherent because I was interrupted multiple times while writing it.

>>58081638
>I like steel and CLF here.
I like steel for sure. I think we've bottomed.

CLF, I'm unsure about. You think it's going to break out? What concerns me about CLF is I think that stock is being highly influenced by the US Steel - Nippon Steel drama, and it has since completely broken the trend of correlating fairly well with scrap prices (they are all minimills, after all).

>>58082599
>>58082637
>Maybe ten more years, if even that long, you'll have reliably electricity and water.

White People dont and wont ever tolerate third world conditions, We built this world, its ours and we'll be taking it back, Only the weak flee and abandon their own land.

https://rumble.com/v4evoun-liberty-engine-2.0-free-energy-for-the-people.html

>>58081638
>>58082980
...I'm not good enough at TA to have an opinion of if this is going to break out, but, I sold into this strength in my other steel stocks. CLF and X I have been avoiding because I don't like the uncertainly.

>>58082981
>We
Dangerous word.

>>58082804
I've lived in supposed "shitholes," even in Africa, before I became a miner. They didn't bother me.
And I don't want citizenship; just a work permit would be fine.
And what I'm seeing if multiple major mine closures and idlings in the past few months in coal. Meanwhile, around a third of coal-fired power plants are schedule to shut down or be converted to gas in the next few years. The NWO green agenda is moving full steam ahead.
The West is going to suck and electricity will be intermittent. Asia is the rising power now, rather like where we were before World War II. They probably have a much nicer future ahead of them, unless the West changes course in a big way.

>>58082981
Then all white Americans are of weak stock, since we all descend from people who left Europe.
In any case, it's not my concern whether White people will tolerate third world conditions. Look at Manchester 200 years ago: as bad for ordinary people as any city today, but people tolerated it.
My concern is to continue working in coal. That's what I care about. If I have to leave the West for this, then I will certainly try.

>>58082980
pressure is building to the top and the steel ETFs look like they're about to run also, which makes me bullish.

>>58083050

>>58083050
>>58083064
Just makes me nervous how divorced from what likely earnings will be from this last quarter. Do you think it's better to look at the technicals for now since the general stock market is so in orbit?

>>58083050
>>58083064
Here is NUE also. Ignore my blue boxes, was looking at something.

>>58083040
From what im hearing coal plants are getting reopened in a hurry in Germany, this nwo green agenda is a farce and is collapsing now and wont exist in another 5-10 years, financially things will be shitty in the west for a few years but with the release of all the withheld technology from the last 100 years and the removal of the globalist parasites there will be a new spring arriving, you just need to lose that doom and gloom mentality of yours, with the shit thats coming by the end of this decade you wont even be thinking about coal.

>>58082998
WE will toss everyone who thinks otherwise into labor camps and you can espouse your beliefs when you aren't busy digging oil pipelines by hand or begging for food.
Don't ever think for a second that western whites don't have the ultimate powers of liberation in our hands. All brown people will be slaves again and the white man will rise to meet his destiny as the head of the world, crushing those opposed to us.

By the way I'm up 60% on select sands and 480% on source energy services. I hope you guys aren't sleeping on fracking sand and oilfield services

>>58083104
I think lagging inflation will drive a lot of the moves higher in commodities for me.

>>58083142
that's a good chart, prob more bearish if you chart it that way vs horizontal resistance that got broken and is being backtested with this year's move.

>>58083008
>The West is going to suck and electricity will be intermittent.
I mean that's basically the third world right now.
>Asia is the rising power now, rather like where we were before World War II.
Idk too soon to tell, quite a few Asian countries like for example Japan and Singapore are aligned with the western world. Sure Asia is becoming a manufacturing hub, and that's great for them, but I wouldn't say they're a power yet.

>>58083040
My first loyalty is to my industry. Above God, above Nation, above Race -- but family is a close second in my priority list. I want what's good for coal and I think internationally, since Asia is where the real action in coal is, and if there is a future in American coal, it's through exports.

>>58083155
Oh, I think you're right. Germany is the proverbial canary in the coal mine on green energy and they'll be switching back to coal -- Europe may follow the Germans' lead.
The USA, however, seems to be lagging behind, having not seen a bunch of its industry disappear yet due to lack of reliable energy. So Biden remains in la la land believing wind and solar will work out.
We need a good kick in the ass, like the Germans have gotten, before we change our ways. I hope it happens soon, like a giant blackout that goes on for weeks in major cities.

>>58083190
>WE
>our
>us
You speak like a communist. You seem quite deluded too, I'm not sure there are many people that view things the way you do, certainly a minority.

>>58083211
You are the Jews wet dream

>>58083205
A lot of these mini mills are moving into value added products also. Galvanized, beams, etc.

Here is STLD

>>58083238
WE don't need a majority
Notice WE took over the planet, enslaved it, then freed it.
I'm an Anarcho capitalist, I follow hoppe. Communists are the ones wanting the government to hold their hand.

You'll be back in your chains soon Toby. Or you can go back to living in your mudhut

hey, anons
i've posted to /pgm/ but i guess it's a better fit to be posted here
i'm planning to pick up some junior gold and silver miners, is there some jpeg with a list that is reposted itt or something similar?
i'd like to pick up some exploration companies but i know nothing of that space
if you'd be kind enough to provide some suggestions i'd be forever grateful

>>58083334
>is there some jpeg with a list
no
>i'd like to pick up some exploration companies but i know nothing of that space
you should have some producers and developers too. Your pic related is a decent starting point for silver focused producers but you should check their quarterly results to see whether those AISC numbers are up to date. So far the silver producers have been outperforming explorers and the marginal producers

>>58083286
>I'm an Anarcho capitalist
You speak like a Fascist, you might believe in a free market, but you don't believe in the non-aggression principle a fundamental principle of Anarcho capitalism. You didn't take over the planet, you didn't enslave it and you didn't free it, so you can stop using the world "we". You sound like you want to make people live their life the way you want them to, which goes against the principals of anarcho capitalism. So why delude yourself? Just admit you're a fascist, that doesn't look at people as individuals (even when you speak for yourself), but only as members of a tribe: whites. negroes, jews etc... also something that goes against the principals of Anarcho capitalism.

>>58083449
Well hoppe is an Anarcho fascist so I guess I'm one too.
But yes, everyone who isn't white or is a socialist will have to be liquidated or enslaved
That's just how it's is, so get over it. Accept your role as a slave and your life will be spared, comrad

>>58083286
kill yourself socialist scum

>>58083449
you too, kill yourself socialist

>>58083211
I'm not even against electric vehicles being shoved down people's throats as long as they're powered with coal. Again, I have to act in the interests of my industry. Coal is my God and Purpose.

https://www.yahoo.com/news/epa-issues-rules-aimed-cutting-153228283.html
>EPA issues new auto rules aimed at cutting carbon emissions, boosting electric vehicles and hybrids

I'd prefer the technology be ripe, the batteries last for 500+ miles, and the recharges take 15 minutes, though.

>>58083587
>Anarcho fascist
I'm not sure that's a thing, you'll need the state to do your dirty work. doubt you can enslave all the negroes on you own. So Anarchy can go out the door, and that leaves us with Fascism, which perfectly aligns with your ideology. Haven't read all of Hoppe's work, but I doubt he's shares your views of "liquidation or enslavement".

>>58083242
My business is my industry. Many Whites are like me. It's not a Jewish thing. It's a commerce thing.
And Jews behind the great reset and green agenda hate coal, so instead of their wet dream you could say I'm their greatest enemy.

>>58083744
>The state
Laughs in 30-06
>>58083659
Nah I'm the opposite but your iq is so fucking low you can't tell shit from shinola. You'll enjoy your slavery like you always have so the only difference will be that you'll see your chains in the labor camp

>>58083744
He absolutely does agree some people will have to be "physically removed" as he calls it. Helicopter rides for all you socialists

>>58083780
>30-06
Good luck with that. You're really delusional.

>>58083760
May your chains rest lightly upon your shoulders

>>58083822
>some people
Yeah some people with names and addresses, not "the jews" or "the negroes".

>>58083828
>Luck
Laughs in full auto

>>58083855
Doubt you can afford the bullets.

>>58083851
They will be removed, liquidated or enslaved

Post brown paw

>>58083866
Lol. I have about 30 or 40 thousand rounds. Six reloaders, 300# of smokeless powder, 50k primers.

I'm a gunsmith you fucking retarded newfag nigger

>>58083867
I imagine if you had a conversation with Hoppe, he would think of you as an Idiot, which you undoubtably are. I don't have a brown paw to post because I'm European.
>>58083888
>Lol. I have about 30 or 40 thousand rounds.
You'll need a couple billions for all the niggers, which you cannot afford. So maybe the state should do it for you?

>>58083930
Alternatively, I could take the rounds from the state. Also, billions would starve without whites feeding them so again without the state taxing whites, all brown people would starve to death. Youll be able to preach your communist philosophy in the labor camp. I have 40 acres I could put you on, chained to a tree, digging your own grave

I love how idiots disregard history while I understand it always repeats. This is how I know not to worry, whites will prevail as always. So you browns and socialists enjoy the life you have before we take it away

>>58083996
>Alternatively, I could take the rounds from the state.
Yeah, you'll need a handout from the state.
>Also, billions would starve without whites feeding them so again without the state taxing whites
Yeah, I bet you file tax reports.
>Youll be able to preach your communist philosophy in the labor camp.
You're the one preaching socialism here.
>I have 40 acres I could put you on, chained to a tree, digging your own grave
Best you do that to yourself.

Anyone else excited for the FOMC press conference?

>>58084068
>Handout
So you don't read history books
>Socialist
So you don't read economic books
>Taxes
Haven't filed in 42 years, all my pay is under the table. Thanks tho

You'll die in chains the way you lived commie

>>58084115
Prob will be nothingburger

>>58084125
>Haven't filed in 42 years, all my pay is under the table. Thanks tho
Well we have something in common. Good luck with your crusade.

>>58084115
>excited
>FOMC
Nothing to get excided about. Waste of your time to listen to that bullshit.

>>58084196
True story
All their data is fiction, all their words are lies, all their intentions are evil

Kill all those fucking Jews and their lapdogs to finally be free

>>58084311
>All their data is fiction, all their words are lies, all their intentions are evil
Agree.
>Kill all those fucking Jews
I doubt that a Jewish bartender in Israel has much to do with it though.

>>58083840
No chains here. I have great joy working in coal.

>>58084337
Those aren't real Jews. The Jews I'm talking about aren't real Jews they're fucking satanists. So Maybe that clears things up a bit
>>58084709
Don't forget to file before April 15th goy

>>58084878
>they're fucking satanists. So Maybe that clears things up a bit
Yeah it does, still a bit murky though, best to use names and addresses so It's crystal clear.

>>58084952
I think Larry fink lives in Connecticut. Love you. Sorry I was in a bad mood earlier. I'm under an incredible amount of duress

We need a baker soon. I'll do it but it'll be straight copy and paste so it'll suck

Fed keeping policy the same, still sees 75bp reduction this year. Everything pumping.

>>58084990
>Sorry I was in a bad mood earlier. I'm under an incredible amount of duress
It's fine brother, I got no beef with you as long as you don't file taxes we have something in common. Also I won't be baking.
>>58085059
Nothing new they're pumping the markets.

>>58083866
My neighbor has 400 guns and grenades. One of many. Good luck.

>>58084337
They are all complicit. Have you read the talmud?

>>58085477
>They are all complicit. Have you read the talmud?
No they aren't you're generalizing. I haven't read the Talmud and most Jews haven't read it too.

>>58083190
>60% on select sands

because it went up by the smallest increment possible? it will go down again. disclosure, i have a position too but it's nothing to brag about yet.

>>58085585
It's turning the corner so that's just the start for fracking sand deposits. You'll see, just hodl until we get to dollartown

house prices aren't slowing at all here in miami.

Fuck I'm gonna have to get my laptop and bake. I'm in a wheelchair so idk how mong it'll take to find it and get it running

>>58086006
I can bake m8, just relax no need to run to your laptop

new
>>58086072
>>58086072
>>58086072

>>58086024
I appreciate you I fell getting into my wheelchair so my knee is all fucked up now. The painkillers don't actually stop the pain they just make me irritable and drowsy
So I appreciate you keeping our thread alive most people have lives to live and shit to do since it's a Wednesday
>Picrel
My days in the dungeon are long and slow

>>58086024
You got emotionally/morally trapped into baking. Put this one on the reading list brother:
How I Found Freedom in an Unfree World: A Handbook for Personal Liberty. By Harry Browne