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/biz/ - Business & Finance


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51599387 No.51599387 [Reply] [Original]

SELL, SELL FOR YOUR LIVES edition
Commodities include
>Precious metals
Gold, Silver, Platinum group metals
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Copper, Iron ore, Nickel, Lithium, Cobalt, Zinc, Lead
>Others
Water, Agricultural, Salt

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL

>Youtube channels to follow
Palisade Gold Radio, Mining Stocks Education, Sprott Money, Goldsilver pros (Rob Kientz), Finding Value Finance, Gregory Mannarino, Peter Schiff, Macro Voices, Crux Investor
>Canadian junior press releases
https://twitter.com/JrMiningNetwork
>Newsfeed
https://twitter.com/zerohedge

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

Previous: >>51547214

>> No.51599638

Please sirs my lagoon has become brown

>> No.51599696

Donna, noooooooooooo

>> No.51599781

ECONOMIC NINJA NAMES THE JEW AND CALLS OUT SHEMITAH.

https://m.youtube.com/watch?v=eSj8MwUlpt4 [Embed]

>> No.51599878

Goys literally had a year to resolve their debt, sell, forget and buy anew. Last week you could sold abit and be comfortable now. Greedy piggies with there bags get shoah. You have one weekend of atonement and maybe some of you on monday might get a fresh start... not saying its better, just shows willing

>> No.51599913

>>51599387
fuck commodities
fuck mining
and fuck macro
i am financially devastate

>> No.51599975
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51599975

I have drunken a bottle of wine bros, how do I profit from this?

>> No.51600081
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51600081

>portfolio is down 40% since its creation in late 2020
I'll keep averaging down in junior until I make it, you won't make me bend the knee faggots

>> No.51600154

>>51599387
Uh... I bought the dip on GUSH. That 20% dildo, that gap.... I just couldn't resist.
I'm green now, am I totally fucked to hold over the weekend?

>> No.51600178

>>51600081
Thanks for your service. It's not a loss until they declare bankruptcy. You can wait that long. You have preferred stock right? Right anon?

>> No.51600242
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51600242

>>51600178
>Preferred stock on junior mining company.

>> No.51600362
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51600362

>>51600242
You like that? It's hard to make a good financial joke in junior miners outside of them just existing

>> No.51600522
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51600522

>Mfw caught SALT at couple of cents off the bottom

Feelsgoodman.exe
Well that's if this was the bottom. It could still go to $1.5 so we'll see if this was it for the collapse.
Even if it would rape my portfolio, I'd take a visit to that low trend line just so I can get more for cheaper.

>> No.51600936
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51600936

>>51599696

>> No.51601106
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51601106

>>51599781
I am glad I purchased his course

>> No.51601276
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51601276

>>51600936
I will ride to zero gentlemen.

>> No.51601396

>>51601276
You can do it. I believe in you
Make /biz/ proud anoargwkwn

>> No.51601503

afternoon all!

Three bits of news that might be interesting!
I am busy this weekend, but I hope everyones doing well!

https://www.mining.com/glencore-buys-newmonts-stake-in-argentina-copper-gold-project/

https://www.mining.com/baffinland-gets-nod-from-nunavut-board-to-extend-mary-river-operation-until-year-end/

https://www.mining.com/moodys-downgrades-mining-sector-outlook-to-negative/

>> No.51601572

Do I have the guts to go balls deep in NRGU?

>> No.51601612

To this day I haven't found a platinum ticker that is all around great looking. Are there really that few platinum producers? Is Impala really the only choice here? Please give me some guidance on the matter if anyone can.

>> No.51601630

>>51601612
Sibanye Stillwater Limited.

>> No.51601704
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51601704

Hurry up and start an oil/corn-guzzling stalemate already. Scale of Battle of Kursk with the stalemateness of Verdun when?

>> No.51601747
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51601747

>>51601276
Godspeed anon.

>> No.51601824
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51601824

>>51601747
Oh wait there's more.

I haven't looked at total losses accross my accounts for a while. Nice.

>> No.51601851

>>51601824
$65,000CAD in losses. No wonder my wife is mad at me.

>> No.51602009

>>51601851
At least you bought some decent companies which will pay you nice dividends.
You had decent amount of cash, next time try to average down slower because these things always go lower than you think.
I'd say there's nothing more expensive than selling a good company at a bottom and some of your buys like could be in the green in a few years.

>> No.51602073

>>51601851
Wives cost more

>> No.51602116

>>51601851
Just tell her they are paper losses, not real losses.

>> No.51602164

>>51602009
Probably right, but given the volatility of these things the only buy that I actually regret is the -70% on First Majestic where I foolishly bought the top. Even the -40 or -50 dips don't really bother me as I am in no rush to sell and those could easily swing green in 1-2 months if we get another PM pump.

If RIO keeps up with the fat dividends I might hold those stocks for the rest of my life.

>> No.51602357 [DELETED] 

>>51602164
Nice to see you're in good spirits with such paper losses, and you're absolutely right next time start with small buys and when they drop 50-70% increase the buys but always keep a 15-20% liquidity because they always go lower. Rio Tinto is a good company you're most likely going to be green with that position in 2-3 years imo. PAAS and First Majestic will go up with the price of silver, imo there's a good chance of that happening. Barrick is nice Agnico had a record quarter this year they and Kinross have decent assets in top jurisdictions and they're buying back shares. The others i don't know much about. I own most of these shares myself i think they will break their 2020 if it's worth anything to you.

>> No.51602387

>>51602164
Nice to see you're in good spirits with such paper losses, and you're absolutely right next time start with small buys and when they drop 50-70% increase the buys but always keep a 15-20% liquidity because they always go lower. Rio Tinto is a good company you're most likely going to be green with that position in 2-3 years imo. PAAS and First Majestic will go up with the price of silver, imo there's a good chance of that happening. Barrick is nice Agnico had a record quarter this year they and Kinross have decent assets in top jurisdictions and they're buying back shares. The others i don't know much about. I own most of these shares myself i think they will break their 2020 highs if it's worth anything to you.

>> No.51602436

>>51602387
I'm surprised Kinross is still as low as it is, but I thought it was cheap when I bought and and I feel like markets are still digesting all the recent changes with their assets.

>> No.51602634
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51602634

>>51602436
Well most of the insiders agree with you they're exercising options taking shares as work compensation and taking share dividends. Remember there is nothing more expensive than buying a top meaning taking the downside risk and than selling near a low meaning giving the upside reward to someone else that's the most expensive thing you can do. The best thing to do in these moments is to double down and buy more stock not saying you have to do this and you probably can't because your wife is pissed at you.Trends don't last forever and sentiment changes.

>> No.51602661

>>51601276
Hey man would you like to buy a bridge. There is gold and silver and oil under it and stuff. You will be so rich! Send me money and I'll send you a certificate of ownership which is like totally real and not made in photoshop in 3 minutes.

>> No.51602713

>>51601630
I will take a look now, thanks bud.

>> No.51602814

>>51602713
Sibanye has a 44% interest in Rand Refinery which makes the Krugerrand coins. Also adjacent to their property in Montana there is another company not producing atm but it's worth a look Stillwater Critical Minerals Corp.

>> No.51603061

>>51599781
Isn't this the guy that says you should go to Home Depot and stock up on BBQ grills to resell them later? Not exactly a big brain dude. Just an ebay reseller with a youtube channel.

>> No.51603076

I blew 500 bucks on GDX. Did I do good, bros?

>> No.51603960

>>51602814
So I am reading up on them, and holy shit, is Africa the absolute worst jurisdiction?

>> No.51604057

>>51603960
South Africa is pretty terrible. Some countries are decent.

>> No.51604128

>>51599387
>SHILL, SHILL FOR YOUR LIVES
OP is Shill.

BUY commodities if you live outside of USA or China; take delibery & hold onto them. Run the GME strat: big corpos are undervaluing these resources cuz people are letting go of them too easily. Force the big dumbfucks to pay what the resources are worth or to have to buy from recycling plants.

That's right! HODLNIG resources not only drives up the prices of resources for you yourself, it also CREATES JOBS DOING RECYCLING!!!
Don't let the greedy rat-shills convince you otherwise.
>BUY COMMODITIES
>HOLD THEM OUTSIDE OF AMERICA AND CHINA
>PLAY THE LONG GAME
>SQUEEZE THE CHEAPOS PRODUCING TRASH

>> No.51604149

>>51603960
Not really everything in Africa is cheaper discovery costs, initial capex and sustaining capex on projects is much lower than in the Americas, permitting is also much faster i believe. But i guess there's some problems from time to time with thieves and bandits. I think Endeavour Mining had an attack on one of their convoys not long ago a few killed but that occurred in west Africa. One of the mines Sibanye owns right now had an incident before they bought it read up on the Marikana massacre. Recently they had some problem with unions demanding higher wages, they resolved that. Problems occur everywhere they do not manifest themselves only in Africa. I guess it boils down to risk reward. I'm assuming you like what you see, if so I'd appreciate some remarks on why, I've been busy and haven't done the due diligence I've only skimmed through but Sibanye is on my watch list.

>> No.51604152
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51604152

WHEN THE FUCK IS OIL GOING BACK UP REE
I THOUGHT IT WOULD KEEP RISING UNTIL THE SPRING

PLEASE SHUT DOWN MORE PIPELINES MR MONKE

>> No.51604197

>>51604152
>PLEASE SHUT DOWN MORE PIPELINES MR MONKE
That's not a good investment strategy. Imo oil is going lower before it goes higher too much retail in the space needs to be shaken out also risk reward is not there after the decline in oil prices.

>> No.51604287

>>51603960
depends on which region your looking at, Tanzania seems fairly good for example. Unfortunately though major resource regions in Africa never stay stable long enough for infrastructure to improve, and nations that constantly have corruption issues will always ham string development. Uganda for example, is horrible when it comes to developers and explorers. They have in the past brought in outside invested developers to build or plan a mine out, than confiscated or closed the project to take it over. Africa is so touch and go with projects, its why i dont really look into anything over there.
https://www.reuters.com/world/africa/uganda-seeks-investors-revive-copper-mine-2022-04-12/

>> No.51604347 [DELETED] 

>>51604197
Predictions are that over the winter, oil should go up due to increased demand. If Mr. Monke can cause more instability, I'm hoping prices will go back up to peak (or more). I will probably get out by spring and invest more long term, but I did pretty well there (made about 250% profit now, about 375% at peak).

Rest of the market is shit so not much to put it in anyway

>> No.51604360 [DELETED] 

>>51604347
>>51604197
Also releases from the petroleum reserve start in november, which should constrict supply

>> No.51604364

>>51603960
>>51604287
Yeah that makes sense it depends from country to country. Africa i cheaper and faster but It's also riskier, of course depending on the country the risk varies.

>> No.51604384

>>51604197
Predictions are that prices should increase over the winter due too
>increased demand due to heating
>releases from petroleum reserves stop in november
>eu starts embargoing russian crude (doesn't restrict overall supply, but will probably cause issues while purchases readjusts and china buys russian oil for cheap)
if Mr. Monke can cause more instability, that would be great too

>> No.51604481

>>51604360
I think the petroleum reserve is more of a political thing the world consumes about 90M b/d so the reserves going from 700M to 400M isn't doing much.
>>51604384
>>increased demand due to heating
I don't think anyone heats on oil probably natural gas but i think most governments stocked up on it when it was most expensive (they bought the top).
>releases from petroleum reserves stop in november
A dump of 300M barrels of oil is insignificant considering the 90M b/d world consumption.
>eu starts embargoing russian crude (doesn't restrict overall supply, but will probably cause issues while purchases readjusts and china buys russian oil for cheap)
Russian oil is flowing and will flow where it's needed because it's fungible you can sell it to the Chinese the Indians and they sell it west, or for example you can fill a Iranian tanker with Russian oil and no one can know. Gas on the other hand is different.

>> No.51604815

Honestly I do not feel like any of the platinum mining companies are not more risker than usual. They all seem to have a lot of issues I can't feel safe about. Should I just buy SPPP? I have a feeling platinum might be making a move soon that will send prices up. Would sprott be a good play, or would a risk on one of the mines give better returns?

>> No.51604971

>>51603061
Where to buy BBQ futures?

>> No.51605257

how do you check how good/bad this harvest season is going to be? any pointers on what to look out for in terms of indicators?

>> No.51606133

>>51604815
I wish there were more worth while platinum exploration projects, I havent heard of any in North America in recent months to be honest.

>> No.51606446

>>51604384
Don't forget falling demand due to a severe global recession

>> No.51606887

>>51606446
Worst comes to worst, I'll just buy in more and wait for it to go back up. I bought a bunch of USO at about $20/share, so I'm chilling.

If it goes back up to $85 I'll probably get out and wait a bit in some cds

>> No.51607258

>>51604384
How much of that increase could be stifled by other energy tho? Nuclear is back on the table for some countries again as well as other energy sources being discussed.
>>51604481
I heat with kerosene many many burgers do

>> No.51607599

>>51604152
>I THOUGHT IT WOULD KEEP RISING BEFORE ELECTIONS
lmao
See you in November

>> No.51607616

Should I be buying right now?

>> No.51607793
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51607793

>>51607616
if you have to ask, then you are doomed.

On another note, is there any subscriber to Luke Gromen FFTT here ? Apparently, his content is golden, please share if you can

>> No.51607822
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51607822

>price drops
>i buy the dip
>price drops
>i buy the dip
>price drops
>i buy the dip
>price drops
>i buy the dip

how much more pain am I supposed to endure?

>> No.51607855

>>51607793
I already have 90% of my net worth in these commodities, I just sold my car and have some liquidity I dunno wether to keep my powder dry or go more in now

>> No.51607856

>>51607822
two more weeks

>> No.51608005

>>51599781
why believe this instead of just learning the austrian business cycle theory

>> No.51608045

>>51599781
god i hate his pudgy face, that ridiculous 90s haircut and the fact that he thinks "economic ninja" sounds cool

>> No.51608750
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51608750

http://www.321gold.com/editorials/hamilton/hamilton092322.html
>Contrarian trading is based on the core market truth that the worse any sector looks and feels, the greater its upside potential. The vast majority of traders are momentum-chasers, they will only buy after sectors have already powered much higher stoking popular greed. But once they've rallied big-enough and long-enough to start attracting mainstream traders, the lion's share of the upleg gains have already been won.

>So buying low as massive gold-stock uplegs are being born requires fighting the herd. Capital needs to be deployed when it feels bad as popular fear, bearishness, and apathy abound. Excessive negativity is the telltale sign major bottomings are underway. That's certainly the case in gold stocks today, which are trading at stock-panic levels under false premise. They'll mean revert way higher before traders figure this out.

Excellent article. Most will regret not buying now and will chase. Re-read thread from summler 2020 and see by yourself.

>> No.51609000

>>51608750
Thanks for this Anon, i have read both Bobs books on investing. My only regret is bot having more cash to slurp these deals

>> No.51609040
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51609040

>>51609000
Yep, people have no idea how rare this situation is, we are able to buy at levels seen only 3-4 times in decades. I was slurping Golden Tag and Outcrop Silver yesterday but had no cash when Irving crashed 20% at a 5year low...

Too many opportunity, too little cash. People will tell you in 3-6 months you were just lucky and they would have bought too but look around, everyone is waiting "for a bottom". That information will be available when we are 200% higher in mining stocks.

>> No.51609149

>>51608750
The trend changes, I change. Not buying until the trend has reversed. Simple as. Chasing bottoms is 2 greedy 4 me

>> No.51610273

>>51609040
>People will tell you in 3-6 months you were just lucky and they would have bought too
I see this hubris all the time. I learned about bitcoin when it reached parity with the dollar, and I admit I didn't buy because it made no sense to me and still doesn't. I am going to be buying Monday most likely. I will see how bad the bleed is, but it should be recovering by next week, unless someone can straighten me out about this.

>> No.51610294

>>51607822
>price drops
>i buy the dip
>price drops
>i buy the dip
>price drops
>>i buy the dip
>price drops
>i buy the dip
Not feeling any pain at all I'm happy to buy companies i like at a cheaper price.

>> No.51610511
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51610511

>>51609040
Wish my lukoy was available to swap into galleon Gold.

Excited to ride this pump to atleast 30$ silver and 2100$ gold in the next 6months to a year

>> No.51610720

Where can I find information on investing in oil/gas and info on mining stocks? Is there a good recent book? Don’t wanna read the hoppe one because it’s out of date as fuck

>> No.51611610
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51611610

>>51609040
I agree but also feel like we haven't quite had the final waterfall capitulation, probably 2 more weeks unironically. Could be wrong, let's see.

>> No.51611708

>>51610511
We need a FOMO in the DXY maybe like an 8-10% rise in a couple of weeks. 30$ silver is also too conservative maybe 50-60$ seems more realistic.

>> No.51613162
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51613162

bumpu

>> No.51614180

>>51613162
These are worse than awful

>> No.51614406

Dividends from South Africa miners are taxed real hard, apparently?

>> No.51614506

>>51614406
How much? Not like its good in the USA or CAD is 30% and 25%. I think UK has 0 withholding tax.

>> No.51614616

>>51614406
Probably. It's a terrible jurisdiction, all the major players have divested their SA assets.
Some countries have capital controls. Argentina does as well, if companies take money out of the country they have to pay a huge tax on (after already paying income tax). Don't know why there is still so much interest in the country. Maybe some are able to do a deal with the government where they are allowed certain benefits. I think that was pretty normal in Chile.
On an unrelated note I was looking into Newcrest, their stock has really tanked a lot lately. Seems to now be significantly cheaper than the other majors on pretty much every metric. Super long mine lives, AISC expected to drop to $500/oz in some years. 2Moz+ and a lot of copper production for $10B. There is decent volume on the Canadian exchange too after they bought Pretium. Worth checking out if you are looking for a senior.

>> No.51615553

Some rumors are going around that Xi was detained on his return to China. Regardless of the validity of this, he was at an economic summit with Russia and I assume some other BRICS countries.
Kazahkstan and Uzbekistan were also in attendance. Kaz does some enrichment and Uzbek was the 5th largest uranium producer a few years ago.

To me, this seems like a group of countries that are not of NA/EU were trying to secure long-term nuclear energy plans. So in short, I'm still quite bullish on uranium. Tempted to do LEAPS on URNM

>> No.51615696

>>51615553
Who would detain him, you mean like a coup? Don't make me go to pol for details.
Also holy shit black swan ww3 if true, xi allies would fight this. Shemitah surprise before the finale.

>> No.51615790

>>51615696
I think it's just unfounded Twitter rumors and memes. Supposedly Xi is coming up to a third election term and has been removing political opponents, but there are also dissident factions with his party.

But like I said, none of that matters. What's more pertinent is the nature of their meeting everyone went to, eg it seems to be an economic/energy summit. It is amusing it happened during the shemitah weekend though.

>> No.51616262

>>51615553
>Making investment decisions based on assumptions.

>> No.51616449
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51616449

>>51614180
You bloddy basterd, by vishnu i will turn your mader into a gang you sister into a gang
Such strong man doesn't need some gang bitch

>> No.51616541

>>51616262
No? I already have other reasons to buy into the uranium space, and besides that, the market is efficient and there are also other factors you simply do not know, which means ANY kind of investment is based on assumptions. The fact that tail risks can happen proves this.

In any case, I'm just sharing some information I found interesting (energy summit).

>> No.51616612

>>51599387
People who buy commodity precious metals don’t sell. We have an inflationary fiat currency, designed to inflate yearly. That is it’s expressed intention.

>> No.51616700

>>51616612
ok nerd

>> No.51616766
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51616766

>>51616262
>making investment decisions based on messages received in dreams

>> No.51617507

Should i keep shorting oil ?

>> No.51618620

PSA: Don’t buy Fission Uranium, it’s largely owned by chink CCP fronts

>> No.51619177

https://www.lewrockwell.com/2022/09/alasdair-macleod/gold-has-never-been-so-attractive/

>> No.51619225

>>51617507
Logic tells me that oil's gonna bounce back tomorrow because it just had an absolutely horrible day, but who knows?

>> No.51619816

>>51607822
>https://www.youtube.com/watch?v=0akBdQa55b4&t=23s
just buy some more

>> No.51620319

Gary savage is saying the only thing to be long right now is metals and that they will take off.

>> No.51620328

>>51618620
Fission sucks dick and Kevin bambrough says stay the fuck away. Their Financials are dog shit and they blow through money.

>> No.51620331

>>51620319
>>51620328
I have the gold ID. Listen to what I say. I am right.

>> No.51620474
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51620474

>>51620319
based, currently down 40% on my PF, everything is red -30/-60%. Cant wait to recover, and more. At least, I consider I'm doing good considering how dogshit the PM sector was in the last 2 years.

>> No.51621536

https://youtu.be/PN3HPZOai-Y
Market analysis from Goldfinger. TLDW: We're doomed.

>> No.51621640

>>51616541
Careful with uranium you could get burned buying here. I get the thesis but it's not a straight line to the top.
>>51616766
Top kek.
>>51617507
Imo not at these levels, but if it bounces yes.

>> No.51622254
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51622254

>>51619177
Basel III any day now!!!

>> No.51622620
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51622620

>>51621536
Can't put into words how excited I am for the next 6-9 months. For lot of us, if PM do make a bounce like 2020, it will be a life changing event.

>> No.51622629
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51622629

>>51622620
I'm ready

>> No.51622657
File: 117 KB, 584x622, 1584725036601.jpg [View same] [iqdb] [saucenao] [google]
51622657

>>51622620
I'm expectantly waiting for the trend reversal. Can't wait for everybody to be selling and blood on the streets. That's when it'll be time to buy.

>> No.51622686

>>51620319
So /pmg/ was correct all along

>> No.51622801

>>51622620
man I'm really fucking tired of waging so I hope something happens. I've been living like a pauper for years now just waging, saving, and stacking.

>> No.51623243
File: 2.97 MB, 4080x3060, 20220925_083630.jpg [View same] [iqdb] [saucenao] [google]
51623243

Got 10k coming next week finally sold the last little bit of my crop. What socks about this gig is that the first 5/8ths of the entire job pays for expenses, labor, logistics, and storage so I don't get a dime until everyone else gets paid. Harvesting again in a month or so and the cycle starts again from the top

Fishing today for salmon. Wish me luck gentlemen
You fellas keep it in the green

>> No.51623327

>>51623243
Are you a farmer or some kind of distributor or something? What's the business looking like recently?

>> No.51623511
File: 2.08 MB, 4080x3060, IMG_20220923_200542_01.jpg [View same] [iqdb] [saucenao] [google]
51623511

>>51623327
I do some growing. Mostly distribution and transport. Brokering. Weed is at an all time low so alot of revenue streams are drying up which is good and bad depending on your situation. My rule is to keep a finger in every pie, but control of the purse strings is all that matters

>> No.51623531

https://www.youtube.com/watch?v=IKUVSjTk_Qk
so i just watched gary's latest video because everyone keeps raving about him...
>when line too up it maybe come down *inhale*
>when line too down it maybe go up. it called "el contrario" and it where u make big money *inhale*
>all u have to do to make big money is predict the future *inhale*
>also bitcoin bubble popped until at least 2035
what a bunch of drivel, why is this man popular again?

>> No.51623581

>>51623531
he's not popular but we got a few dickriders here

>> No.51623723
File: 3.68 MB, 4080x3060, 20220713_130501.jpg [View same] [iqdb] [saucenao] [google]
51623723

>>51623531
>1.8k views on this video
>7.2k subs
>popular
Gary is here shilling his channel. Lots of faggots do gigagay shit like this and the most sloped foreheaded, mouth breathing, knuckle dragging retards here will think its organic. About as organic as silverjew having 14 id's per thread posting memes and never bothering to change the filename. The internet opened the flood gates to let double digit iq witless mongoloids in a space normally reserved for the whitest white men.
The consequences will never be the same. Always do the opposite of what you read in these threads. Member clftranny? Yeah nobody bought that shit they were going all in on poo fagoon, gayhorse, and Kinloss. Nobody listened so we have anons with blood red portfolios less than 2 years later

>> No.51623774
File: 82 KB, 639x607, 1662730414304062.jpg [View same] [iqdb] [saucenao] [google]
51623774

>>51623723

>> No.51624307

>>51623531
>why is this man popular again?
>>51623581
>Gary is here shilling his channel
lol sorry lads there's like two Gary Savage fans in these threads. The only other person that I ever see even mentioning him other than myself is Red.

>> No.51624335

>>51624307
>1pbtid
I not subscribing Gary

>> No.51624400
File: 37 KB, 700x417, 1619048266168.jpg [View same] [iqdb] [saucenao] [google]
51624400

>>51624335
kek

>> No.51624442

>>51623531
That was a shitty video he just put out but that's not a good representation. The man has a 100 batting average this year with impppecable timing. Literally calling huge rallies and dips mere days and weeks before hand.

>> No.51624461

>>51624307
I'm a subscribing member and I put a lot of stock into what he says. He's called everything this year literally days and weeks before they happen. The oil dip, the little miner rally we had, the stock dip and the stock rally.

>> No.51624531
File: 618 KB, 1693x1133, 1614212099519.jpg [View same] [iqdb] [saucenao] [google]
51624531

>>51624461
Yeah same, only subbed a month ago but I'm renewing for pretty much all those reasons

>> No.51626143
File: 15 KB, 310x162, images.jpg [View same] [iqdb] [saucenao] [google]
51626143

>page 10
Bump

>> No.51626308
File: 40 KB, 183x200, 1663772903424810.png [View same] [iqdb] [saucenao] [google]
51626308

https://wolfstreet.com/2022/09/25/bear-market-rally-in-stocks-bonds-mortgages-wiped-out-why-this-nails-the-parallel-to-the-dotcom-bust/

>The bear-market rally happened because markets – meaning folks and algos playing in them – had this fabulous reaction to the Fed’s aggressive rate-hike scenario: They began fantasizing about a Fed “pivot” and about rate cuts and some even about QE all over again. Asset prices began to jump and yields began to fall.
>Many of us in our illustrious comments on Wolf Street had been expecting a rally. And I drew parallels to the bear-market rally during the dotcom bust. During that rally, which lasted two months, from mid-May through mid-July 2000, the Nasdaq jumped by 33% without ever getting back to its old high. Ultimately, the Nasdaq collapsed by 78%.
>That two-month bear-market rally in the summer of 2000 suckered a lot of people back into the market, thinking that stocks are going to the moon again, and they got crushed.
>The 2022 bear-market rally started in mid-June and also lasted two months. It came as the Fed-pivot-fantasy mongers – including some well-known hedge-fund managers – had fanned out across the financial media, the social medial, and the rest of the internet, asserting that the Fed would soon pivot, that in fact it wasn’t even doing QT after all, and yada-yada-yada.
>So we got a huge two-month rally, and the Fed-pivot mongers, including the hedge funds, that got out in time made a huge amount of money. But those people that believed the pivot fantasy and bought when the pivot-mongers sold, well, those folks took the losses. But that’s how it always goes.

>> No.51627037
File: 18 KB, 306x306, pepe coffee.jpg [View same] [iqdb] [saucenao] [google]
51627037

Why were crude oil prices high in June?

>> No.51627194

>>51627037
Summer.

>>51626308
Wait, people are that stupid? People seriously thought "Damn, I think the inflation and economy is fixed by now, right?" What was that, like 4 months that passed?

>> No.51627456

>>51627194
The Fed pivot during Trump's term really must have conditioned markets.

>> No.51629006
File: 705 KB, 1499x808, 1652668690047.png [View same] [iqdb] [saucenao] [google]
51629006

Safu

>> No.51629009

https://www.mining.com/sierra-metals-halts-2022-production-and-finance-guidance-on-peru-mine-blockade/

Another mine blockade in Peru. Sierra's stock has already been absolutely murdered, not sure why their costs have went up so much over the last few years. Could very well go bankrupt if the blockade isn't resolved soon.

>> No.51629190

>>51629006
What is this sorcery?

>> No.51629196

>>51629190
Blood moons
>verification not required.

>> No.51629248

>>51629196
What happens on blood moons?

>> No.51629276

>>51629248
all the monsters you have killed come back to life

>> No.51629376
File: 173 KB, 360x450, 45676567811.png [View same] [iqdb] [saucenao] [google]
51629376

>>51629276
I am ready.

>> No.51630285

What the FUCK just happened? Dollar is spiking hard, up 1%+ suddenly (and gold down). The entire global financial system is breaking down lol.

>> No.51630343

https://www.investing.com/currencies/gbp-usd

British pound just dropped 4% in 5 minutes lmao wtf is happening

>> No.51630384

>>51630343
Unironically, are we about to win?

>> No.51630427

>>51630343
Shemitah. Dude we told you. Debt jubilee is on October fifth. Enjoy the ride. Welcome to the national socialist party.

>> No.51630454
File: 336 KB, 939x815, 1653067207663.jpg [View same] [iqdb] [saucenao] [google]
51630454

>>51630384
Yes, their grip is loosening. The European spring just began in Italy tonight.

>> No.51630594

These Euros all have lots of debt right? Won't they be forced to devalue to keep the yields down? Do we just buy USD and gold?

>> No.51631221

>>51630594
Gold yes, usd is a shitcoin too.

>> No.51631311

https://www.forexlive.com/news/gbpusd-crash-under-10400-20220926/

>> No.51631337

>>51630343
USD is king. GBP made new all time lows against USD and that happened with a bang. EUR next?

>> No.51632022

>>51630454
Gary savage called a top in the dollar

>> No.51632039

>>51631337
Gary savage called a top in the dollar. Have fun. I'm going with Gary.

>> No.51632105

>>51632039
>>51632022
>the top coincidently falls on the shemitah season finale
What a coincidence! By golly, what are the odds?

>> No.51632109

>>51632039
Zimbabwe?

>> No.51632253

>>51632109
not yet. a little bit of deflation first.
when the Fed pivots, then Zimbabwe.

>> No.51632465

>>51632253
October fifth will be the pivot. Welcome to the national socialist party.

>> No.51632624

>>51632105
Despite the US inflation rate other countries did much worse to their currencies. This gives the illusion that the dollar is strong because it's being compared to these currencies. Anyone here know what special drawing rights are? Or that they're the de facto world currency and have been for decades?
Basel iii isn't a funny name they've been doing this forever and out in the open and it's the next step in currency control and consolidation.
>https://www.lewrockwell.com/2021/09/no_author/four-unreported-signs-paper-money-is-dying
From the article:

>Aside from confirming desperation, the foregoing SDR allocation facts have a direct implication on that “barbarous relic” otherwise known as gold, which has been consolidating above last year’s breakout.

>That is, whenever SDRs are issued (and they just issued a lot of them), that basket of global paper money (USD, JPY, EUR, CNY, GBP and JPY) tends to go on a shopping spree for gold.
They're printing everything to rape us of our property and leave us with cbdc's.

>> No.51632684
File: 267 KB, 2503x1471, Capture.jpg [View same] [iqdb] [saucenao] [google]
51632684

>>51599387
is everyone ok frens??

>> No.51633320
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51633320

>>51632624

>> No.51633384

Continued:

If gold shines brightest as real rates go deeper and faster into the negative, it’s our conviction, based upon honest math and genuine rather than doctored inflation figures or Fed-speak, that gold’s “golden era”has yet to even begin.

Whether more fiat money comes from: a 1) keyboard at a central bank; 2) the twisted fine print of the Reverse Repo Program; 3) the unprecedented fiscal deficits of mentally-mediocre policy makers seeking re-lection on COVID “concern”-signaling and tyrannical shutdowns, or 4) from the IMF’s SDR pool, the simple fact is that inflation follows the money supply, and today’s expanding money supply is literally off the charts.

The Fed, for now, can pretend to hide this liquidity-driven inflation behind double-speak or creative math, but eventually all truths (including inflation facts) float to the surface as real rates, like the paper money currency you own today, sink closer to the ocean floor.

But as every treasure hunter already knows, paper rots at such depths but gold never does—even after countless years of countless failed attempts by bankrupt regimes (from Rome to Yugoslavia) to pretend paper has value once the trust it has died.

But as Voltaire quipped, eventually all paper money reverts to intrinsic value: zero.

>> No.51633580

https://www.cnbc.com/2022/09/25/stock-market-futures-open-to-close-news.html
The future is bright. Lambright

>> No.51633633

>>51632465
Why on Earth would there be a pivot already?

>> No.51633812
File: 222 KB, 1616x1159, CanadasBest.jpg [View same] [iqdb] [saucenao] [google]
51633812

>>51623243
Are you still stacking silver?

>> No.51633817

>>51633633
>>>/pol/396985777
Because it has been willed by kek

>> No.51633850

>>51633633
Jess care about their kikey numbers and dates. Watch. U think it's a coincidence? Shemitah was yesterday. October fifth is the jubilee. Watch. It'll happen.

>> No.51634272

>>51633817
That doesn't even say anything about a pivot
>>51633850
lol

>> No.51634841

>WHC down 14% today
Ouch

>> No.51635376

>>51634841
Wow everything is selling off huh.

>> No.51635415

>>51635376
Yeah I'm getting out of my coal stock in my country's exchange tomorrow. I thought I could get in while the train was leaving but maybe not.

>> No.51636896

Why oil is not dumping for real ? stop crabing

>> No.51637601

>>51636896
zoom out it is dumping for real. Right now it's so doomped that it's trying to do a pullback to the upside. Arguably it's very oversold.

>> No.51638526

>>51599975
>That pic
Sums up my 20's

>> No.51638723
File: 59 KB, 862x679, Capture.png [View same] [iqdb] [saucenao] [google]
51638723

>>51637601
>zoom out it is dumping for real.
interesting '08 recession movement

>> No.51638832

Gary's calling a crash in the stock market, a top in the dollar, a fed reversal and a gold up leg all in the next two weeks. Haopy shemitah everybody. Our world is run by jews.

>> No.51638906

>>51638832
>crash in the stock market
Agree
>a top in the dollar
Maybe
>a fed reversal
Doubt it
>a gold up leg
Probably in most currencies

>> No.51638945
File: 615 KB, 1351x1615, japan_countryside.jpg [View same] [iqdb] [saucenao] [google]
51638945

>>51638832
>gold up leg
so Japan is still on the table?

>> No.51639273

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1934-tsx-venture/bhs/128473-bayhorse-metallurgical-sample-returns-5-12-g-t-gold-from-its-crane-creek-gold-silver-project-idaho-usa.html

>> No.51639315
File: 56 KB, 974x421, basedhorse.jpg [View same] [iqdb] [saucenao] [google]
51639315

>>51639273
wagmi

>> No.51639439
File: 2.41 MB, 225x255, 456754567.gif [View same] [iqdb] [saucenao] [google]
51639439

>>51632624
>You will be happy.

>> No.51639445

>>51639273
>>51639315
>Graeme will release thw bonanza

>> No.51639552

>>51639273
what happened to the first 2 mines, why are we drilling a third property, bros?

>> No.51639579

>>51639552
Pan Man said its either to stall for time or the other locations were bust.

>> No.51639754
File: 836 KB, 2410x1132, 1613962893555.jpg [View same] [iqdb] [saucenao] [google]
51639754

>>51639552
>>51639579
expansion is great

>> No.51639815

Germanfags: Do you pay taxes on the gains made from exchanging 1 fiat currency into another?

Lets say i buy USD with EUR, when EUR is Wehrmacht tier, I sell USD for EUR. Do I pay taxes on that? Is that capital gains?

>> No.51640131

>>51639815
Forex gains are taxable capital gains. Your government deserves your tax money. Kek sorry couldn't keep a straight face

>> No.51640496

oil is back to 80

>> No.51640565
File: 300 KB, 1070x1119, Screenshot_20220926-101237_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
51640565

Has anyone seen or heard from Blue Lagoon bro lately?

>> No.51640779

>>51640565
You mean silver jew? He "left" dramatically like half a year ago when he got BTFOd by Bayhorse dilution news right after he had assured there surely wouldn't be any more dilutions. /smg/ was having a giggle. The guy is still lurking and posting here though allegedly.

>> No.51641237

>>51635415
BTU is up almost 5% right now. Could be a fake dump for coal

>> No.51641265

>>51641237
Bull trap or bear trap... Hmm

>> No.51641284

>>51641237
It is energy sector peaked: oil, uranium. It's only down from here.

>> No.51641328
File: 27 KB, 600x300, 1664204716056.jpg [View same] [iqdb] [saucenao] [google]
51641328

>>51639273
Please just deliver the silver concentrate to Ocean UK already, please Graeme I beg you I don't care about survey results if you never bother mining it

>> No.51641889

>>51640779
I wasn't sure if it was the same person, but someone here had hundreds of thousands of shares and I think maybe even 100% concentrated their whole account into Blue Lagoon...hope he's ok

>> No.51642043

>>51641889
There's more than one person that has a couple hundred thousand shares. Pretty sure one guy had almost 300k shares and the other had almost $300k at around 0.3 per share. Might've been a third too.

>> No.51642294
File: 1.32 MB, 654x480, bear.webm [View same] [iqdb] [saucenao] [google]
51642294

>>51641889
>>51642043
One anon has over 500,000 shares, I think at US$0.39 avg. Lagoon bros can still make it, aren't we supposed to be greedy when others are fearful?

>> No.51642310
File: 58 KB, 1284x298, C6396361-AE77-432B-A300-10E3F2E7F299.jpg [View same] [iqdb] [saucenao] [google]
51642310

>>51641889
Bros…. I don’t feel so good. I have 75k cash and I think I’m gonna just spend it all on more Lagoon. Fuck it

>> No.51642478

>>51642294
You can be greedy with the good miners/explorers that have dropped 30-70% instead of the unproven ones that have had similar or more dramatic falls.

>> No.51642485

>>51642310
That could work out anon, but if you want an explorer you might want to slurp a company that has had phenomenal drill results instead of, so far, just decent

>> No.51642535

>>51642478
I agree, slurp the cheap ones with great results and no debt first. Although I think Lagoon does have some cash and no debt if I remember right

>> No.51642576

>>51641889
No, I'm not OK. I sold 80% of it at $0.32 because I knew the bottom was about to fall out. Took some losses for sure but couldve been much worse.

>> No.51642654

-60% on my portfolio. Should have bought shitcoins instead, at least I knew they were scams.

>> No.51642672

>>51633812
Stopped buying when I hit my goal. Will probably start buying again when it drops back to pre covid levels which should be in the next 3-6 months, Allah willing. But I had 2k Oz of loose coins and rounds by my 40th bay a couple years ago so I'm fairly content. Focusing on ammo reloading last year or so. Made about 10k rounds so far

>> No.51642695

>>51641237
Never mind, it's looking more and more like a real dump.

>> No.51642719

>>51642654
You bought miners June of 2020?

>> No.51642720

Poolagoon bros???
Encorechads ?????

>> No.51643078
File: 106 KB, 634x634, 1603967219992.jpg [View same] [iqdb] [saucenao] [google]
51643078

>+2.44%
Trillion bros

>> No.51643092
File: 3.42 MB, 1619x2159, 1659275771978025.png [View same] [iqdb] [saucenao] [google]
51643092

Just bought some NFG at $3.15. Twenty minutes later it's $3.03
>falling knives ain't easy

>> No.51643151

>>51642719
>June of 2020
back then Aurcana was possibly the most popular pick here

>> No.51643173

>>51643092
How have people still not learned to not try catching falling knives? Or buying in a downtrend for that matter. How much more pain do you need to feel until you learn this lesson?

>> No.51643174

Lagoon is basically a failure right? There's no way they will miracle find good grades on their next drills, right? They also gave away big onion, right? I cannot see any reason anyone buys even at these lows.

>>51643078
Shame, hoping it would stay down a little longer.

>> No.51643368
File: 148 KB, 2257x1172, FdVtsgMXkAIdAau.png [View same] [iqdb] [saucenao] [google]
51643368

>>51640565
Only thing I hate is having bought on Degiro. I don't care being down 60% but I fucking can't average down on this damned broker. Oh well, don't have a single doubt we will make it big with BLLG.

>>51642310
Are you all-in ? If so, you should def average down. If not, keep buying new position, it's good to be diversified. This is march 2020 all over again, buying a bottom is supposed to hurt.

>>51642654
-42% for me, I keep buying more every monthly paycheck. Not regretting one bit, no one can predict the future and this clown market. I want my chair when the music end. These last 2 years will be very good memories when I get out of wageslavery.

>> No.51643397

>>51643174
>Lagoon is basically a failure right
Buriticá

>> No.51643435

Salt squad is really getting fucked. Apparently a trade group on ceo is exiting although I have no idea how many shares they actually have. I was probably too hasty on buying in near open.

>> No.51643457

>>51643368
I am all in on this portfolio, my Roth and trad ira are 60% cash, my 401k is garbage tier and I can’t do much about it. I moved 75k from cash savings into the blue lagoon portfolio, plan is to pick up more lagoon incrementally, so yes averaging down. Don’t really have any doubt that lagoon will be trading above $1/share at some point.

>> No.51643556

>>51599387
>New Hope goes up 14% over the last few weeks
:D

>And now it's back down 14% in just one day
D:

>> No.51643575
File: 59 KB, 688x764, Capture.jpg [View same] [iqdb] [saucenao] [google]
51643575

What the flying fuck ????

>> No.51643625

>>51643575
If yields don't come down, Nov 2nd 75bps.

>> No.51643664

>>51643625
We will reach 4% before end of the week if this clown shit continue. I dont believe market don't implode at that time

>> No.51643690

>>51643625
>>51643664
If yields fall back down in value, that's usually when gold pumps and the market shits itself hard

>> No.51643699

>>51639754
>>51639579
>>51639552
I honestly dont know why their adding another project on to their roster when they cant even complete their primary project. These guys have either no real plans to get their mine / mill going or their stuck planning for something they cant afford to accomplish.
I wish this little mine would work, but it looks more and more like their stalling for time.

>>51640565
Blue Lagoon's recent results were pretty disappointing too. Their still not in the dumpster yet though, but it might be way longer of a wait than people were hoping for.

>> No.51643750
File: 48 KB, 480x356, 1527336649734.jpg [View same] [iqdb] [saucenao] [google]
51643750

>>51643690
everything scream at a March 2020 scenario and I can't stop smiling knowing full well what happen next.

2 years of suffering and humiliation, it's time to make it bros !

>> No.51643838

>>51643750
Honestly, while it's immediately disappointing to see things you buy tank by 2, 6, 10% in value the day or weeks after you buy it, it's important to have pieces on the board. Nobody knows where the bottom is, but we're almost there. Whether it takes 6 months or 2 years, there's going to be a pivot and we'll be very well off while people are losing their minds.

t. $5000 in uranium sector waiting to write calls (but not for October)

>> No.51643874

>>51643690
Commodities shit the bed, CPI will come down so will yields and the dollar will weaken gold will strengthen in anticipation of the next wave of inflation because let's be honest Interest rates can't stay at these levels for very long. Multiple central banks including the: ECB,BOJ,BOE lead by the FED are running a pump and dump scheme on the dollar, making the whole world rush into dollars before they devalue.

>> No.51643920

>>51643874
>Interest rates can't stay at these levels for very long
In the current clownworld? No, probably not, but didn't the 70s or 80s have fairly high rates for several years? We had extremely low rates during 2010 onwards. But there's also the scenario of what will happen if rates DO stay high for an extended period

>> No.51643931

Glad i shorted oil , should i keep shorting oil anons ?

>> No.51643956

Greenland just keeps making exploration in their country look less and less appealing.

https://www.mining.com/web/greenland-minerals-dealt-setback-in-legal-fight-for-rare-earth-project-licence/

>> No.51644034

>>51643920
Absolutely there is but they will be negative real interest rates. CPI will come off so will the yields. and when the FED is forced to pivot the yields will go up with inflation.

>> No.51644362
File: 37 KB, 566x680, Owarida.jpg [View same] [iqdb] [saucenao] [google]
51644362

I'm ruined!

>> No.51644529
File: 32 KB, 614x515, 1664063437548660.jpg [View same] [iqdb] [saucenao] [google]
51644529

>>51644362
Saltsisters... don't look at the price.

>> No.51644699

The reality is a set of possibilities. The objective function is not money but survival. Running out of money is a close proxxy for failure. Therefore protecting your last thousand dollars in most even very unlikely scenarios is more important than maximizing your excess million dollars in the most likely scenario.

It's a monte carlo sim in which you cannot fail in any outcome. Therefore, gold and silver held as a 10x hedge in case of 1% chance of great depression 2.0 is quite reasonable method of covering survival in several low but non zero probability futures.

However: If you expect a > 5% chance of making it on precious metals you're coping hard.

>> No.51644947
File: 921 KB, 640x360, 1.webm [View same] [iqdb] [saucenao] [google]
51644947

>>51643092
just bought another 300 NFG at $2.97

>> No.51645019
File: 4 KB, 366x38, salt.png [View same] [iqdb] [saucenao] [google]
51645019

Yikes

>> No.51645048
File: 59 KB, 666x771, Capture.jpg [View same] [iqdb] [saucenao] [google]
51645048

>>51643575
Something is cooking

>> No.51645298
File: 75 KB, 199x256, 1663785856125094.png [View same] [iqdb] [saucenao] [google]
51645298

>>51645048
https://www.cnbc.com/2022/09/26/the-real-cure-for-inflation-has-gone-ignored-forbes-says.html
>Forbes suggested using gold to stabilize currencies — for example, tying the U.S. dollar to gold so the dollar has a fixed value.

>> No.51645718
File: 45 KB, 1062x387, cure.jpg [View same] [iqdb] [saucenao] [google]
51645718

>>51645298
The author should have had the balls to put the word "Gold" in the title

>> No.51645765

When will we know when the central banks start Zimbabweing their yields down?
Is it when you start hearing about Yuro austerity in the news. People raving on about debt?

>> No.51646260

>>51645298
Terrible idea. Fixed values are no good. Currencies and gold must be subjected to market pricing.

>> No.51646393

guys is current price good for long term investment in gold (ticker US$ / OZ) thanks for advice.

>> No.51646492

>>51646393
Long term, absolutely. Short term, expect downside but also it's possible we're pretty close to a bottom.

>> No.51646607

>>51645019

AAAAAA!! I'm financially ruined!
Please drop to 1.5 and stay there, hell go lower! I want to double my holdings.

>> No.51646788

Are commodities even real, bros? `

>> No.51646789

I boughted

>> No.51646805

>>51646789
I slurped a bit of ENCUD with the cash I somehow hadn't spent yet in fidelity

>> No.51646819 [DELETED] 

>>51646607
If Atlas goes much lower I'm selling some dogs and rotating in. I don't think a guy with Rowland Howe's experience take the job as president and I don't think a director leaves NFG for Atlas if they didn't have a big winner coming.

>> No.51646829
File: 92 KB, 976x850, 43023.jpg [View same] [iqdb] [saucenao] [google]
51646829

>>51645019
>he invested in salt when you can go into McDonald's and get it for free unironically
ngmi

>> No.51646861

>>51646607
If Atlas goes much lower I'm selling some dogs and rotating in. I don't think a guy with Rowland Howe's experience takes the job as president and I don't think a director leaves NFG for Atlas if they didn't have a big winner coming.

>> No.51646889

>>51646829
based

>> No.51646944

>>51646861

I already rotated my stocks into it at $2, got to get some new money in it.
If we put the recent price action aside along with all other hype etc.. it's simply a fundamentally sound investment with very little to zero realistic downsides.
Greatest benefit is that it will move against the greater market currents once this air has been let out.
And it's good to remember that if people got into this 2 years go, they're still up like 40x so it can potentially move a lot downwards before the pressure is gone.
This selling doesn't phase me at all despite getting utterly fucked on the price, because I want more of it and the further down it goes the better. If it goes to something crazy like $1 the future multipliers are going to be pretty damn attractive.

>> No.51647134

>>51646944
Good points anon, and Howe has basically said this is better than the salt mine he ran for Compass Minerals. Might take some time, but a buyout will be a nice payout for shareholders.

>> No.51647170
File: 69 KB, 800x442, kdyy25v5mzxxq6ywqy1e (1).jpg [View same] [iqdb] [saucenao] [google]
51647170

http://www.321gold.com/editorials/moriarty/moriarty092622.html
>With the penny juniors in the mining area falling off a cliff on Friday with massive drops across the board, we are starting to see capitulation. While it is painful to watch your investments dropping by double digits daily, this is where wise investors make their fortunes. The market will rocket higher just as soon as those silly investors who used margin finish selling off the last of their investments just to meet a margin call.
>These sorts of opportunities only come once in a lifetime. Prepare yourself to rake up the falling fruit.
>Weak hands buy at tops and sell at bottoms. Strong hands buy at bottoms and sell at tops. It’s vital that investors remember that at every top there are 50 reasons to buy, and at every bottom there are 50 reasons to sell. That’s what makes them tops and bottoms

>> No.51647392
File: 45 KB, 1280x720, 1609630500725.jpg [View same] [iqdb] [saucenao] [google]
51647392

>>51646789
>he bought?

>> No.51647502

>>51647170
Don't try catching those falling knives bros. Wait for a cleae bottom and a trend reversal. You're not going to miss the bullrun don't worry. The bear jumps out the window but the bull has to climb the stairs.

>> No.51647601
File: 1.82 MB, 2560x1457, 1635261086459.jpg [View same] [iqdb] [saucenao] [google]
51647601

>>51647502
Too late bro, I'm already all-in and can't stop myself converting every paycheck into shares. I know it can go lower but I just can't stop myself, way too cheap.

Me being a retard with memeline and timing also don't help, migh as well buy when I know it's cheap. Can't lose buying low.

>> No.51648600

>>51647601
>converting every paycheck into shares
Kinda based.

>> No.51648921

>>51647601
What are you buying, friend

>> No.51648922

>>51647170
I'm willing to hold but I really need money right now and I'm in debt.
How long would it take for the reversal? Another fucking year?

>> No.51649102

>>51647601
I hope you don't get dilooted to oblivion. WAGMI

>> No.51649158
File: 28 KB, 1753x167, Untitled.png [View same] [iqdb] [saucenao] [google]
51649158

My broker is being showing this for some weeks now. Is this what it feels to go to 0?

>> No.51649330
File: 236 KB, 513x748, 423534646.png [View same] [iqdb] [saucenao] [google]
51649330

>>51648922
>I really need money right now and I'm in debt.

>> No.51649894
File: 12 KB, 319x326, 1623146044195.jpg [View same] [iqdb] [saucenao] [google]
51649894

>>51648922
>I'm willing to hold but I really need money right now and I'm in debt.

>> No.51650169

https://archive dot ph/VEhs2
>UK lenders pause new mortgages amid market turmoil
>Some of the UK’s biggest mortgage lenders, including Virgin Money and Skipton Building Society, have stopped offering new home loans in response to the market volatility triggered by the government’s mini-Budget.

Everything is fine. No reason for alarm, just a little turbulance.

>> No.51650246

>>51650169
Surely the Sterling will bounce up from here unto new highs and crash the Dollar while at it... Surely... Kek nope

>> No.51650275

>>51650246
>Surely the exact same thing isn't going to happen in the US.

>> No.51650302

>>51650275
Sure maybe ten years down the line. As for more immediate time frames, the Dollar will keep strenghtening until exports get hit too hard I'd say.

>> No.51650325

>>51650302
>Sure maybe ten years down the line.
You're way too optimistic.

>> No.51650409

>>51650325
These things take a long time to happen. Much longer than most people predict. Not just crashes but market movements in general. I've seen it here so many times, people calling bottoms and tops left and right only to be surprised when things didn't go as they had hoped. The Dollar can live longer than many here would believe, and in the near term DXY can keep going higher than many here think also.

Euro though, that might be bust within ten years. GBP might survive in that time frame but man it's going to suffer a lot.

>> No.51650485

>>51650409
You're talking like the dollar doesn't have the same fundamental issues as other currencies.
How do you suppose the US government is going to fund all It's liabilities running a significant budged deficit at these interest rates, not to mention the lagging effect of the rise in interest rates meaning rise in unemployment meaning defaults on loans meaning a lot of revenue streams for government start disappearing like income tax. The fact of the matter is the FED is working with other central banks to pump the dollar before they pull the rug essentially a pump and dump scheme.

>> No.51652173

https://www.mining.com/web/trevali-to-close-burkina-faso-zinc-mine-after-deadly-flood/

That was a fast fall from grace! I wonder if they will be able to find a buyer for the property.

>> No.51652175
File: 1.25 MB, 400x400, 1600476560790.gif [View same] [iqdb] [saucenao] [google]
51652175

>>51599913

>> No.51652684
File: 1.97 MB, 640x359, 1664242062930605.webm [View same] [iqdb] [saucenao] [google]
51652684

How are Irving bros holding up?

>> No.51653242

I used to laugh at goldbugs. Been laughing at you for half of 2020 and all of 2021.

But now I'm worried. Are you guys okay?

>> No.51653289

>>51650485
>You're talking like the dollar doesn't have the same fundamental issues as other currencies.
You're correct. We also have a military budget larger than the GDP of Turkey, the world's 17th largest economy. The reality is that on a flight for safety, everyone still wants Dollars - whether that's ill advised in the long term remains to be seen but it's certainly the correct play in the eyes of foreigners.

Ultimately (((they))) have way too many tricks they can pull in order to keep the gravy train going. Although with how much money we're sending to Ukraine to surely be funneled to top administration employees Cayman Islands, I'm starting to think we might be in the end game.

>> No.51653357

Newcrest is around 15 right now, should I get back into it or put this month's DCA entirely into NFG

>> No.51653390

>>51650485
Like it or not the Dollar has different fundamentals. It's the world reserve currency.

>> No.51653455

>>51653289
>Ultimately (((they))) have way too many tricks they can pull in order to keep the gravy train going. Although with how much money we're sending to Ukraine to surely be funneled to top administration employees Cayman Islands, I'm starting to think we might be in the end game.
Politicians making money from war isn't anything new, and the fact of the matter is there's no military competition to the US atm. As you mentioned the US spends alot of money on the military, making most militaries seem like a joke compared to the US. This makes me feel like it's not the end game because usually when an empire falls it falls with a bang. Or maybe it is the end game and we haven't heard the bang yet?
>>51653390
The same thing happens to the dollar as with all other currencies It's just the last to act because of it's reserve status. To say that the dollar can only go up is ignorant.

>> No.51653466

>>51650485
In the land of the hungry the shiniest turd is a delightful treat.

>> No.51653625

>>51653357
Newcrest. And snowline > NFG when it comes to big explorers imo.

>> No.51654150

whitehaven bros... we taking our first L

>> No.51654548

>>51653625
Didn't Snowline run up bigly already?

>> No.51654615

>>51654150
Whitehaven is up 7% after that huge red dildo though

>> No.51654626

Give me the bear case for uranium. I have $5000 in UUUU, but I'm looking for additional risks.
Like, politically, what could happen that would prevent it from having a bull run in the next few years? People are tired of ESG and don't care about carbon emissions when they're freezing to death. It's just such an obvious play that I have to be missing something, they wouldn't let retail win in an entire sector so easily

>> No.51654952

what's Cameco up to

>> No.51655153

>>51654626
Big Oil buried it before and all it takes is for one incident to bury it again

>> No.51655343

>>51653390
>Dollar has different fundamentals
Fiat=fiat
>world's reserve currency
Which will end as planned long ago

>> No.51655473
File: 29 KB, 527x357, 1605310128852.jpg [View same] [iqdb] [saucenao] [google]
51655473

>>51648921
Golden tag and Outcrop Silver last friday, out of powder now, will buy next week, dont know who, depends how bloody it become.

>>51652684
incredibly angry I didnt had cash last week when it crashed 20%. I pray God it happen again, and more.

>>51653242
Never been so confident I'll make it.

>> No.51655624
File: 87 KB, 1206x526, Untitled.png [View same] [iqdb] [saucenao] [google]
51655624

Lads, saw there was insane put volume on PBR today. What I don't know is whether it was buy side or sell side

>>51655153
So there's basically no harm in aggressively taking profits as it rallies, then?

>> No.51655863
File: 533 KB, 2430x1602, pbr.png [View same] [iqdb] [saucenao] [google]
51655863

>>51655624
Better image. Looks like Lula da Silva is the frontrunner of their upcoming election and wants to use PBR to help the economy. Meanwhile, Bolsonaro wants to privatize it. Looks like activity based on politics.

>> No.51655972

>>51655863
>>51655624
its showing me PBR pays a ~50% dividend? is that true / sustainable? thats nuts

>> No.51656089

>>51655972
Yeah, VALE and PBR had a huge dividend announcement this year. PBR iirc was at risk of nationalizing and they wanted to entice investors

Also ignore the P&L charts on >>51655863, the calculator was being fucky. Still, huge volume

>> No.51656570

>>51656089
does PBR do 3 dividends per year? looks like the past year they did 3 and this year they've done 2 already. also do they pay the dividends in USD or in brazilian real? i dont want to be paid in reals

>> No.51656832

Why is everything so fucking blood red?
Should I have sold Atlas Salt earlier or is this just market pullback?

>> No.51656882
File: 260 KB, 1428x1570, swingkek.jpg [View same] [iqdb] [saucenao] [google]
51656882

>>51656832
too many questions, everything is red.

>> No.51656913

>>51643368
>can't average down on this damned broker
wut

>> No.51656988

>>51656832
>Should I have sold Atlas Salt earlier
The question should be why didn't you take profits when the smart anons ITT where explaining how it is stretched heavily over the 200dma and not immune to pullbacks? Did you listen to the ceo shills saying buyout imminent brace for a 17x to the moon saltbros???

It is just a pullback (Shemitah to be specific) so things will turn around, but damn I can't wrap my head around the people who just straight up held SALT all the way to 4 dollars and down again.

>> No.51657344

whats the deal with this nordstream pipeline sabotage and will it affect european natty gas prices? the pipelines weren't flowing yet

>> No.51657660

>>51657344
They are both completely off for months now, we eurocuck are doomed

https://twitter.com/disclosetv/status/1574694670630027264
>Sabotage cannot be ruled out. Damage to Nord Stream pipelines is unprecedented — Kremlin

>> No.51657702

>>51657344
This solidifies the European fate this Winter. Now our (((friends))) have ensured that even if policy were to shift in Germany and trade resumed, no gas would be coming from Russia

>> No.51658103

Why does it seems all countries but USA is currently self-destructing? At most, a bad thunderstorm (for now).

>> No.51658160

>>51658103
USD dollar wrecking ball

>> No.51658322

>>51658103
US is using their reserve currency status to squeeze the world for dollars, decoupling from USD for international trade is not an easy process and there's also the international denbts denominated in $.
The US does not intend for this process to be easy or painless, as reserve currency status is a massive source of power.
Throw some glownigger destabilization politics on top of that (pakistan, iran, nordstream) and you've got a global recipe for disaster.
the united states will not go quietly into that good night

>> No.51658403

>>51658103
>>51658322
look up "Triffin's Paradox" for more info. US needs to increase the strenght of the dollar to curb inflation domestically, but this is bad for the rest of the world who have US dollar denominated debts because that debt is gaining in value. also bad for businesses that have large parts of their revenues from outside of the US because its making their products more expensive to buy = bad for sales

>> No.51658439

>>51658403
>>51658322
A side effect of a strong dollar is that US exports will suffer though. So there is also somewhat of a downside for the US too

>> No.51658572
File: 62 KB, 954x455, NFG.jpg [View same] [iqdb] [saucenao] [google]
51658572

>>51653357
>>51644947

NFG hits BONANZA, in another new zone

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2830-tsx-venture/nfg/128520-new-found-discovers-new-high-grade-gold-zone-west-of-the-appleton-fault-intercepting-10-4-g-t-au-over-10-5m-17-9-g-t-au-over-4-2m-at-keats-west.html

>> No.51658609
File: 54 KB, 300x300, 1655138607571.jpg [View same] [iqdb] [saucenao] [google]
51658609

>>51655473
>thigh highs for me

Also complimentary daily "I'm ruined" ahem
IM RUINED
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
GO UP YOU STUPID LION WHY WHY WHY WHY
RANA WHERE IS BONANZA GRADE YOU BASTERD WHERE IS PRODUCTION NEWS MADERCHOD AAAAAAAAAAAAAAAA
HOW CAN I QUIET QUIT WHEN IM DOWN 60% AAAAAAAAAA

>> No.51658858
File: 23 KB, 600x623, 1646690571596.jpg [View same] [iqdb] [saucenao] [google]
51658858

>>51652684

>> No.51658931

>>51654626
Rick Rule says if he goes and turns on a light switch in 5 years and the light turns on, uranium has gone up substantially.
Bear case, ESG successfully kills nuclear power plants, Rick flips the switch in 5 years and no lights.

>> No.51659364

>>51658931
That's interesting. Before he used to say that uranium simply must go up or the lights go out. Now it seems he's not too sure the lights won't go out. It seems he too is just coming to grips with how insane our Western leaders are. Truly the worst leaders in the history of ever

>> No.51659638

>>51654548
Yes, but it has also come off its highs, and there was a good reason for it to take off like it did. Now I don't think there's 20Moz confirmed or whatever the hyperbulls are saying, but it seems likely there are several million very high quality ounces at least with good upside so it's a decent deal at this price imo. Haven't looked that much into NFG, but I don't even think their deposit is necessarily that big yet, it's just very high grade and they have a large land package with big exploration upside. Very highly valued already, more of a gamble that they keep finding good stuff.

>> No.51659691

>>51642576
I'm sorry to hear that freindo, but I'm glad you sold some. You can still make it, everything is going on sale again right now.

>> No.51659806

>>51659691
Ty sir I pivoted to Lion One right before the BD so got another 40% haircut immediately.
I simply live with the pain.

>> No.51659812
File: 210 KB, 1024x701, 1662533323010302m.jpg [View same] [iqdb] [saucenao] [google]
51659812

>>51659364
I always thought his assumptions about that carried a lot of risk which is why I stayed out of uranium. Living in Canada and watching the politicians here and in the US gave me no confidence they would ever do the right things for their constituents.

>> No.51660329

>>51657344
this winter scholz will smile into the camera while saying "we would totally open nordstream 2 so you dont have to freeze but sadly we cant"

>> No.51660355

>Oil Surges After Russia Proposes 1 Million Barrel OPEC+ Output Cut
Lol

>> No.51660391

>>51660355
Just coincided with markets being oversold imho
>>51660329
Scholz is probably pretty pissed about this actually. Now Germany won't have this backdoor option available anymore. Everybody knows (((who))) did it too, but of course there is no evidence. And pointing it out would be political suicide because Germany is allied with the USA

>> No.51660396

Did I get yet another one in there?

>> No.51660399

>>51659364
>Truly the worst leaders in the history of ever
the best historic fit i know is ceasar nero
he burned down rome to build himself a palace, he was also a faggot with a tranny "wife"
then again nero had at least some level of artistic talent, doenst make him a good leader in any way but its far more than can be said from our current governments

>> No.51660481

>>51660391
>Scholz is probably pretty pissed about this actually.
no he isnt, he smiled into the cam while daddy biden told that nordstream two will be stopped
scholz is fully onboard with the agenda, he got his job because hes a massive bootlicker
>Now Germany won't have this backdoor option available anymore.
and politically thats great for the government, as the opposition or the public cant pressure them to use it
>Everybody knows (((who))) did it too
dunno if it was burgers or brd really, but it happend in agreement for sure

>> No.51660556

>>51660329
>>51660391
https://twitter.com/TFMetals/status/1574761227968204801

>> No.51660559

>#BREAKING Kyiv says Nord Stream gas pipeline leaks a 'terrorist attack' by Moscow

Of course they would say that. I wonder who actually did it. Russia could just shut it off if they wanted to. But then again Russia is the ones with the easiest access and capability to do it.

>> No.51660643
File: 12 KB, 811x258, Untitled.png [View same] [iqdb] [saucenao] [google]
51660643

>>51660355
>>Oil Surges
lmao

>> No.51660653
File: 117 KB, 1440x1080, 1622830931676.jpg [View same] [iqdb] [saucenao] [google]
51660653

>>51660559
>instead of pushing a button and turning OFF Gas delivery, we will destroy our own infrastructures
Yeah sure, must be russian

>> No.51660691

>>51660559
>But then again Russia is the ones with the easiest access and capability to do it.
the baltics, sweden, denmark, poland and germany have all easy access to the ostsee
then the ostsee is no deeper than 30m, all you need for sabotage is a small boat and a diver, so basically anyone could do it easily
could even be normal people acting on their own behalf without any cia support
but really we know who did it, the ones profiting the most by far are the US and the anti-german government

>> No.51660694

>>51660559
it was the USA, watch Pedo Joe

https://twitter.com/TFMetals/status/1574761227968204801

>> No.51660701

>>51660653
Who did it then?
Could be a way to inflict damage on the EU without "escalating" because they pretend it wasn't them. No idea if that's the case, there doesn't seem to be an obvious culprit.

>> No.51660737

>>51660691
Yes it could be a lot of different actors. Even some rich people putting on a trade and doing this, could make hundreds of millions ez.

>> No.51660772

Made a new one
>>51660765

>> No.51660819

>>51660701
see>>51660556
they dont hide it

>> No.51660871

>>51660819
Definitely a possibility as well.

>> No.51660929

>>51659812
Currently known viable reserves give us the lifetime of a single generation of powerplants at affordable prices before the cost of uranium goes up by an order of magnitude at the same time all of those new plants are decommissioning: It'd be the most boomer possible move to put nuclear in play everywhere then rug pull when we're dead.

>> No.51660977

>>51660556
>>51660559
100% was USA. Germans got played once again. Henry Kissinger said it best, it's fatal to be an ally to the United States

>> No.51661162

>>51660643
Oil cannot surge until the dollar goes down. Until then: DOWN DOWN DOWN