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The Lunatic Fringe - Trading talk.

Zed

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Zed

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Zed

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so when does reality hit the spot price? i thought march expiry would have at least moved the needle

People don't want silver coin. They want meme coins like Doge.
 

Zed

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Zed

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so when does reality hit the spot price? i thought march expiry would have at least moved the needle

I wish I knew!
 

jelly

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Zed, I love the Aussie gold miners, but many of them seem to be only traded in Australia. In particular the Jr. and small/micro cap Aussie gold/silver miners. Would you happen to know of ones that trade in the US as well? Not looking for an investment recommendation, just having a hard time finding these.
 
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savvydon

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Nice to see a little pep in the PM step today. This thing feels like short term it will resolve to the upside, not the down. We need to see $26 comfortably cleared in silver. For gold $1800 is a big number. We c...
 

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Lancers32

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Nice to see a little pep in the PM step today. This thing feels like short term it will resolve to the upside, not the down. We need to see $26 comfortably cleared in silver. For gold $1800 is a big number. We c...

Up only.
 

Zed

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Zed, I love the Aussie gold miners, but many of them seem to be only traded in Australia. In particular the Jr. and small/micro cap Aussie gold/silver miners. Would you happen to know of ones that trade in the US as well? Not looking for an investment recommendation, just having a hard time finding these.

Not many list in the US, if they do it's the primary listing and we trade CDI's which is local paper representing US stock.

I'm still on holiday, and away from my computer. Off the top of my head the only company I can think of, that I like, trading in the US is Northern Star Resources and they are pink sheet listing... I think, I've never looked them up.

I'm sure there are more, one cropped up the other day that doesn't trade here at all! I can't for the life of me remember the name and I only have research on the Australian listed stuff so I'm a bit useless in that area!

I'll have a look when I get home.
 

Zed

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Lancers32

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The latest package gave big pharma immunity from prosecution for these supposed vaccines. This will be a constant income stream for these companies. Now it is a third but it has no end. You want it go ahead. No way I am taking this crap.

 

Zed

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Zed

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The latest package gave big pharma immunity from prosecution for these supposed vaccines. This will be a constant income stream for these companies. Now it is a third but it has no end. You want it go ahead. No way I am taking this crap.


I heard a doctor testify that the pfizer vaccine wasn't a vaccine as we define them. Because it didn't rely on an attenuated virus to trigger the body's immune response it was more a gene therapy drug than a traditional vaccine. The term gene therapy opens up a panacea for the imagination, I guess if they called it gene therapy nobody would trust it.
 

dpong

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Zed, I love the Aussie gold miners, but many of them seem to be only traded in Australia. In particular the Jr. and small/micro cap Aussie gold/silver miners. Would you happen to know of ones that trade in the US as well? Not looking for an investment recommendation, just having a hard time finding these.
Novo Resources trades as NSRPF on US markets I believe. Oh wait, that's actually a Canadian company with a mine in Australia. My bad.
 

Lancers32

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Under 58K BTC not good for the longs.
 

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Metals looking good this morning. Nice to see some follow through from yesterday.
 

Lancers32

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if BC goes below 58k I will buy more


58K doesn't hold you might be buying well under that. At some point BTC has to respect these negative patterns. Probably just the shakeout before the big rally until proven otherwise. I wouldn't marry any of this stuff.
 

hernancortes

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OK why is this John Adams guy who is now huge with the silversqueeze people going scorched earth, picking fights with many a guru on twitter and implying they are frauds. A year ago how many here had even heard of John Adams.
 

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58K doesn't hold you might be buying well under that. At some point BTC has to respect these negative patterns. Probably just the shakeout before the big rally until proven otherwise. I wouldn't marry any of this stuff.


it was a struggle to break the $60k barrier and maybe we are headed up to $70-75k now

no marriage here , but BC has been a stellar girlfriend!
 

perry

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Hyperinflation Alert – 78% of US Dollars created in the last 12 months – Dollar Debasement Explained​

BY GLOBALINTELHUB
MONDAY, APR 12, 2021

Global Intel Hub -- Charlotte, NC - 4/12/2021 - For those who are wondering why asset prices are continuing higher and if they will continue, here is your answer. It is a myth that markets are driven by supply and demand. Markets are manipulated and the Fed controls the money supply. When the Fed creates Trillions of dollars, that money flows into assets driving prices higher (Crypto, Stocks, Real Estate, etc.). As explained in Splitting Pennies - Monetary Policy moves markets, not traders. Take a look at this chart:

m1fred-1024x341.png


Let's first understand this simple chart. M1 is money stock. Jan 2020 there was $4 Trillion, now there is $18 Trillion. $14 Trillion was created since Jan 2020 - that's a 78% increase (14 created / 18 total).

M1Trillion
20204
Now18
COVID QE14
Increase %78%

Does the above chart remind you of anything?

hyperinflation is a scary word on wall street. salaries have not kept pace and that's even more scarier than bungee jumping
 

coopersmith

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Is it possible for the FED to suck up alot of the dollars that have been made and destroy them, and if so, what are the consequences?
 

Cigarlover

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Is it possible for the FED to suck up alot of the dollars that have been made and destroy them, and if so, what are the consequences?
They could but why would they. They could just offer up negative interest rates on any and all bank accounts. That would be deflationary though and thats not what anyone in DC wants. They want inflation. and will probably even take hyperinflation. They get to pay down trillions in debt with hyper inflated dollars. Lot easier to do that than with a strong dollar.
 

Goldhedge

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gnome

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The levels of margin are terrifying. But that last chart (below) doesn't do much for me.

SP-500-earnngs-yield-2021.jpg


Yield has been in a long term down trend for a hundred years. So what?
With negative real interest rates, what is an investor looking for yield gonna do?

Yes, it's a risk factor, especially if bond rates start rising again - but I don't think stock yields are gonna be what tips the market one way or another.
 

Zed

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Yes... but are we at a cycle low in rates? If so the risk is huge.

Inflation protected yield? Miners of tangible needs?

 

Zed

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BTC taking a dump! I wonder what Monday holds for us?
 

Lancers32

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BTC taking a dump! I wonder what Monday holds for us?

Lower prices than Friday is my best guess. 51K is the lowest I saw which is around the previous bottom.
 
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Curtman

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Went a little deeper than I thought. Got caught up being busy but no matter stay for the round trip or go to cash and pay the taxes.
There is a point of diminishing and return.
 

Lancers32

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BTC should try to rally back but I think it is best to wait a while before going ballz deep long. The move up to 79 in the Fear/Greed Index is not something the longs wanted to see. BTC might see mid 40's before the bottom of this reaction. Appears momentum has slowed. % wise the moves up after making new highs have gotten smaller. 58 62 65.

It looks as if the moves in the miners was the tell. Look at MARA and RIOT the past few days.