• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

The Lunatic Fringe - Trading talk.

jelly

Silver Miner
Seeker
Joined
Dec 6, 2010
Messages
1,346
Reaction score
1,595

... let alone Oliver's 8K call.

The sector will be on fire.
I played the 2005-2011 run in gold, and I have a hard time believing these predictions. People were saying similar things back then, but it took a slow, methodical stair-stepping process. We'd have a nice move, then pause for 18 months, and repeat. No moonshots, just periodical steps.

SO, I want to believe these, but I don't know if I can see more than what the last bull run did.
 

jelly

Silver Miner
Seeker
Joined
Dec 6, 2010
Messages
1,346
Reaction score
1,595
Longer this kind of stuff goes on the more I realize it is not a good idea to pay too much attention to the day to day movement in the mining shares. Ugly closes considering though. MTA for instance ran to $8.00 and closed at $7.59.
I echo those thoughts. If we let strange moves like today kick us off the bull move higher, we'd miss most of the move.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
I played the 2005-2011 run in gold, and I have a hard time believing these predictions. People were saying similar things back then, but it took a slow, methodical stair-stepping process. We'd have a nice move, then pause for 18 months, and repeat. No moonshots, just periodical steps.

SO, I want to believe these, but I don't know if I can see more than what the last bull run did.

These things tend to ramp exponentially as time goes on... but yes I hear you.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
December Gold Options - Largest OI down to 5K


Strike High Low Last Change Bid Ask Volume Open Int Premium Time Links
3,000.00C 0.10 0.10 0.10s unch N/A 0.10 N/A 29,975 10.00 11/10/21
2,500.00C 0.10 0.10 0.10s unch N/A 0.10 N/A 25,789 10.00 11/10/21
1,900.00C 5.90 4.40 5.00 +0.80 5.40 5.70 78 16,838 500.00 21:19 CT
1,850.00C 17.40 17.30 17.40 -0.50 21.10 21.70 11 16,749 1,740.00 21:05 CT
2,075.00C 0.30 0.30 0.30s unch 0.20 0.40 21 14,246 30.00 11/10/21
2,250.00C 0.10 0.10 0.10s unch N/A 0.10 7 13,522 10.00 11/10/21
2,000.00C 1.10 0.50 0.50s unch 0.50 0.80 356 10,724 50.00 11/10/21
2,100.00C 0.30 0.20 0.20s unch 0.10 0.30 45 8,608 20.00 11/10/21
1,700.00P 0.30 0.30 0.30 -0.10 0.20 0.30 2 8,140 30.00 20:21 CT
1,600.00P 0.10 0.10 0.10s unch N/A 0.10 1 8,083 10.00 11/10/21
1,950.00C 2.80 1.10 1.10s unch 1.40 1.70 1,342 6,525 110.00 11/10/21
1,400.00P 0.10 0.10 0.10s unch N/A 0.10 N/A 5,958 10.00 11/10/21
1,650.00P 0.20 0.20 0.20s unch 0.10 0.20 64 5,834 20.00 11/10/21
1,200.00P 0.10 0.10 0.10s unch N/A 0.10 N/A 5,537 10.00 11/10/21
4,000.00C 0.10 0.10 0.10s unch N/A 0.10 N/A 5,339 10.00 11/10/21
1,800.00C 58.50 58.50 58.50 +6.00 57.50 60.00 1 5,214 5,850.00 21:23 CT
1,880.00C 15.50 4.60 7.70s +2.10 9.50 9.90 719 5,209 770.00 11/10/21
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
Gold - Fibo target based on the move up from 2018 and the recent consolidation formation.

1636602462173.png
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,348
Reaction score
5,355
Yeah... but the bulk of the options are still balanced up there, it has come down a little but not much really.
So, is it a given that price will go where options balance, or is that just a metric to suggest where price 'should go'?
 
  • Like
Reactions: Zed

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
So, is it a given that price will go where options balance, or is that just a metric to suggest where price 'should go'?

'The club' write most of the options and most options expire worthless, the incentive is to drive the futures price to the point of maximum profit. + also to write the options in a manner that compliments the futures position. They must have quants on this stuff! So my guess is that the OI balance point is roughly the same as the point at which most options expire worthless or @ minimal profit.

No it isn't a given by any means, just an idea... there may be a better way to pick that point... maybe only near the money action really counts, I really dunno.

If we expire with silver @ $24.50 it would seem to me that too many people would win against the house.


Ask me in a year... I might be cockier by then!
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
Bullish? Bearish? Just another bloody EV maker?

1636620856230.png
 

Jodster

Always wrong
Silver Miner
Joined
Apr 4, 2010
Messages
1,586
Reaction score
1,888
Bullish? Bearish? Just another bloody EV maker?

View attachment 231822
There was a time when a Tesla was an exotic, rich-man's toy. Suitable only for the "early adapters" on the social bell curve.
Now with the prices falling, the recharging infrastructure already in place and the recent shortage and price hikes of traditional pick-up trucks, the Rivian will follow the Tesla path, but on a much more compressed timeline.
They will also benefit from the Beta testing and improved battery technology that made the Tesla a heavy clunky lemon at first.
 

dpong

Site Supporter
Gold Chaser
Site Supporter
Joined
Jan 11, 2012
Messages
3,305
Reaction score
4,021
YELL. Transportation, trucking.

[So far, so good.]

YELL_2021-11-11_12-46-04.png
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
There was a time when a Tesla was an exotic, rich-man's toy. Suitable only for the "early adapters" on the social bell curve.
Now with the prices falling, the recharging infrastructure already in place and the recent shortage and price hikes of traditional pick-up trucks, the Rivian will follow the Tesla path, but on a much more compressed timeline.
They will also benefit from the Beta testing and improved battery technology that made the Tesla a heavy clunky lemon at first.
It's a great product, save maybe the batteries. Not sure the market timing is as good!
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
[So far, so good.]

That always brings to mind a story about the guy who jumped off the Empire State passing the 10th floor.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
1636669799492.png


1636669855484.png


Silver is looking less probable, but there where those 3 days in Jan 21.

I have long thought that when they get on the back foot managing the PM's the preferred tactic is to promote volatility, that generates the liquidity they need by motivating the professionals to be professional, and liquidate a good %, also by sucking the weak hands into the vortex to be shorn.

I think they are on the back foot with all the physical take off in silver. Going for a pop then drop, through which they are capable of holding and tolerating the drawdown, is probably the best shot they have. It will only go pear shaped if delivery demand exceeds supply... but then the exchange will have their back.

The longer dates are edging up in Silver, which is interesting. $30 is the last line of control by the look of things.

TargetDate
Silver - 10/11/2021
$29.7523 Nov 21
$25.0028 Dec 21
$24.5026 Jan 22
$30.0023 Feb 22
$26.0028 Mar 22
$30.0026 Apr 22
$22.0027 Jun 22
$28.0022 Nov 22
 

dpong

Site Supporter
Gold Chaser
Site Supporter
Joined
Jan 11, 2012
Messages
3,305
Reaction score
4,021
I’m 25% invested in the miners.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943

Evergrande ‘Officially’ Bankrupts Today-What it Means To You & The Final Meltdown Of The Global Financial System-Dr. Marco Metzler Interview

By Stan Szymanski

I found a press release from an organization I had never heard of previously, DMSA during the latter part of October as I was doing a daily search for news on Evergrande. This is how I found out about Dr. Marco Metzler.
Notwithstanding the six articles that have I have previously written the issue on the Encouraging Angels blog about the dangers and bankruptcy of China Evergrande, Dr. Metzler has been the only financial person with the actual gravitas and moral fortitude to tell the truth about Evergrande while the worldwide financial press spent its time and newspaper (and blog) ink on the disinformation that the company had made interest payments when they had not. Today, he and DMSA declare that Evergrande is ‘officially’ bankrupt and here he shares the consequences of that news.

Dr. Metzler, can you give us the elevator rendition of your resume/CV so people have an idea of your background?

Sure! I am an investment banker and rating analyst with more than 25 years of work experience in the global insurance as well as the rating industry. As former CFO of Prisma Life Insurance AG in Liechtenstein, I managed around €1.2 billion in client assets.
After completing my PhD in Business Administration, I started my career in London as an analyst in several investment banks such as Deutsche Bank and UBS, before joining Fitch as Director of Ratings for international insurance groups and the German market. Here I was responsible for ensuring that Fitch's ratings, market research, expert commentary and analyst expertise were a valuable resource for global investors and insurance brokers. Furthermore, I have been awarded a significant reputation in the industry by predicting the default of German life insurance companies such as the Mannheimer LV in 2003. (https://www.manager-magazin.de/finanzen/artikel/a-254591.html)
Currently, I am self-employed with Dr. Metzler Rating Consulting (http://www.metzler-consulting.ch/) in Switzerland and hold advisory board positions in several companies (DMSA Deutsche Markt Screening Agentur and DFSI Ratings as well as DFSI Institut GmbH) and I am engaged as Managing Director of My Added Value GmbH in the InsurLab Germany Hub to launch a company that will allow insurers to offer banking services with a new technology.

Can you tell us about what you do in your practice and include the nature of your work with DMSA please.

DMSA Deutsche Markt Screening Agentur GmbH, is an independent data service that collects and evaluates market-relevant information on companies, products and services. DMSA sees itself as an advocate for consumers, private customers and intelligent investors. The customers are the focus of DMSA's work. For them, important and decision-relevant information is bundled and presented as market screenings. The aim is to create more transparency for consumers when selecting products, investments and services. I am a member of the advisory board of DMSA and advise the management on topics to chose for analysis and coverage.

The specter of the heavily indebted Chinese Real Estate developer Evergrande has been part of the financial landscape for some time. Can you tell us why it appeared on your radar screen and why it caused you enough concern at this point to where in October 2021 you and DMSA issued worldwide press releases to share your perspective?

Recently, I started to write a new report on Evergrande because I felt obligated to tell all people the truth and the full impact of an Evergrande default.

This was the kick-off of the DMSA Report: "The Great Reset - Evergrande and the Final Meltdown of the Global Financial System”, where your readers might know me from.

I have written six articles on Evergrande and raised concern that as soon as they missed the first interest payment that the company may bankrupt and with the miss of the second payment a week later wrote ‘Turn Out The Lights, The Party’s Over’-that institutional investors and public needed to rightly asses the potential risk that an Evergrande insolvency would pose not to just China, but externally-in my writings-to Americans-but really to people around the world. In macro economic terms, what is the risk that Evergrande poses to the rest of the world?

An Evergrande bankruptcy will significantly slow down Chinese economic growth. The economic problems in the China will then become much more apparent. Areas affected include (but not necessarily limited to : energy and raw material shortages, plant and port closures, and the overindebtedness of the state, companies, and private individuals. The debt ratio is already 230 percent of the country's annual economic output. This could have devastating consequences for the global economy. Supply chains could be put under even greater strain than they already are today - if they don't break completely. This, in turn, would then inevitably lead to galloping inflation in the USA and Europe.
The recent FED Stability Report just confirmed my concerns:
Especially in the real estate sector, as exemplified by the recent concerns around China Evergrande Group. Stresses could, in turn, propagate to the Chinese financial system through spillovers to financial firms, a sudden correction of real estate prices, or a reduction in investor risk appetite. Given the size of China’s economy and financial system as well as its extensive trade linkages with the rest of the world, financial stresses in China could strain global financial markets through a deterioration of risk sentiment, pose risks to global economic growth, and affect the United States.” (FED Stability Report November 2021, page 66)
A bankruptcy of Evergrande has the potential to lead to extreme distortions of the global financial system - with bankruptcies of players that are still considered rock solid today. Triggered by a Chinese financial virus called Evergrande, the world may face a "Great Reset" - the final meltdown of the current global financial system.

In breaking news this morning Wednesday, November 10, 2021, DMSA has issued a press release stating that Evergrande is ‘officially’ bankrupt…what is meant by that statement, what actions come next? Why should people care about the Evergrande bankruptcy whether they live in Germany or the US?

In total, Evergrande would have had to pay $148.13 million in interest on three bonds no later than today. "But so far we have not received any interest on our bonds.. With banks in Hong Kong closing today, it's certain that these bonds have defaulted.

Particularly problematic for Evergrande: all 23 outstanding bonds have a cross-default clause. This means that if a single one of these bonds defaults, all 23 outstanding bonds automatically have 'default' status". However, this does not automatically result in a bankruptcy for Evergrande Group. To determine bankruptcy, a insolvency petition must be filed with the court. This can be done either by the company itself or by one or more of the company's creditors. DMSA is now preparing bankruptcy proceedings against Evergrande. We are already holding talks with other investors in this regard. We would be pleased if other investors were to join our action group.

A bankruptcy of Evergrande will put significant strain on the Chinese financial system. Given the size of the Chinese economy, and the extensive trade linkages with the rest of the world, this could weigh on global financial markets by worsening risk sentiment, pose risks to global economic growth and affect people in the United States or Germany. One can think of it like a domino and the first stone has fallen with this. Recent examples would be international companies such as Softbank and Element, which just today referred to a multiple billion-dollar losses.
Moreover, the economic problems in China will then become much more apparent. Keywords: Inflation, energy and raw material shortages, factory and port closures, and the over-indebtedness of the state, companies and individuals. The debt ratio is already 230% of the country's annual economic output. This could have devastating consequences for the global economy and bring about a meltdown of the financial system.

One of the things I have brought out in my writing (Whistling Past The Graveyard) is that from a leaked 2018 letter that Evergrande has liabilities that involve more than 128 banks and over 121 non-banking institutions. The true extent of the nature and the sheer gross quantity of worldwide exposure to the developer is veiled to an extent. Can you speak to the known and possibly estimated amount of derivatives exposure that the world may have to Evergrande through CDS’s (Credit Default Swaps) and the like as it relates to global markets?

While more than 90% of Evergrande's creditors are from China itself, there are also many international creditors from the US and Europe. International investors alone have put around $23.67 billion into 23 bonds and three large loans issued by the lurching property developer. Among the already known institutional investors are well-known addresses such as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz. However, by far not all international investors are known so far, but only 148 investors (see list of investors: http://www.dmsa-agentur.de/download/20211024_DMSA_EVG_RR_en.pdf) with increased reporting obligations, such as fund companies, who have invested a total of 3.44 billion US dollars. There could still be some negative surprises here.

Evergrande still has about a $4 billion market capitalization and $90 billion in debt on its balance sheet, but $300 billion including unpaid bills. The CDS exposure is still unknown but will have a potentially huge impact in an Evergrande bankruptcy.

In one of our conversations you said “remember we all have a mission in life”…At Encouraging Angels we certainly believe that…Can you please elaborate on why that is so important and what your faith means to you?

I recently had an event in my life that enabled me to see things differently resulting a change of my life. I am very grateful for this happening to me. As I did in the past with the bankruptcy of Mannheimer Life insurance company I have a talent in analyzing facts and macroeconomic developments and to speak out things nobody wants to do. Focusing again on my talents from the past times I felt recently obligated to speak out in public about the implications of the Evergrande default. This will not be the end of my mission. As the markets will collapse soon people will need guidance in the difficult times ahead of us. In this situation I will have the task of being a lighthouse to give people a target for reaching a safe harbor in very rough waters. Some people will make it but many will not. After the storm we have to regenerate new economic system which is build on trust an honor and in balance with the nature and God.

Dr. Metzler, thank you so much for sharing your time, talent and your unique perspective with us today. Is there anything you would like to share in closing?

As I was obliged to go public on my mission we now need more good souls to stand up and start acting as a lighthouse to save the people who are deserving it. We need also to team up bringing the truth to the public as we see the old economic system falling. There will be a great opportunity after the "Great Reset" to rebuild a better world. This should be everybody`s mission now.
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,348
Reaction score
5,355
View attachment 231925

View attachment 231926

Silver is looking less probable, but there where those 3 days in Jan 21.

I have long thought that when they get on the back foot managing the PM's the preferred tactic is to promote volatility, that generates the liquidity they need by motivating the professionals to be professional, and liquidate a good %, also by sucking the weak hands into the vortex to be shorn.

I think they are on the back foot with all the physical take off in silver. Going for a pop then drop, through which they are capable of holding and tolerating the drawdown, is probably the best shot they have. It will only go pear shaped if delivery demand exceeds supply... but then the exchange will have their back.

The longer dates are edging up in Silver, which is interesting. $30 is the last line of control by the look of things.

Silver - 10/11/2021
TargetDate
$29.7523 Nov 21
$25.0028 Dec 21
$24.5026 Jan 22
$30.0023 Feb 22
$26.0028 Mar 22
$30.0026 Apr 22
$22.0027 Jun 22
$28.0022 Nov 22
Getting to your numbers would require an epic run by silver, driving the GSR all the way down to 64. Me and my Jan 22 SLV call options are rooting for you and the wicked one.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
Getting to your numbers would require an epic run by silver, driving the GSR all the way down to 64. Me and my Jan 22 SLV call options are rooting for you and the wicked one.

Yes... 17.5% in 12 days, a big ask for most investments.

...but there was that time it did 17.5% in 6 days and 50% in 23 days --> and that is just in the last 2 years. So it's silver, it's not over till the fat lady sings!

... however you'd be mad to bet on it!

She'd better light up the afterburners soon if she is serious about this, but as per normal she is hungover in bed. Lets wait till she wakes up... stand back just in case.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
I added BTC Futures to the Bot out of curiosity...

1636687839044.png


I've also added a sample size line to the table, I was filtering samples below 10 lines of data but I decide to include all the data and use the sample size as a quasi confidence number. Low sample size should = low confidence in the forecast.

Bitcoin - 10/11/2021
TargetDateSample
$56000.0029 Nov 202190
$65000.0003 Jan 202255
$40000.0031 Jan 20223
 

Goldhedge

Retired
Mother Lode
Midas Supporter ++
GIM Hall Of Fame
Joined
Mar 28, 2010
Messages
63,987
Reaction score
138,603
Location
Rocky Mountains

the_shootist

Mother Lode Found
Sr Midas Sup +++
Mother Lode
Joined
May 31, 2015
Messages
71,777
Reaction score
151,871

Goldhedge

Retired
Mother Lode
Midas Supporter ++
GIM Hall Of Fame
Joined
Mar 28, 2010
Messages
63,987
Reaction score
138,603
Location
Rocky Mountains
At one point, people are going to have to realize that maybe I know what I’m doing.” – Justin Trudeau

LOL!
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
Whistling past the graveyard...?

Evergrande Makes Another Last Minute Interest Payment After Selling Private Jets, Pledging Chairman's Mansions​


Yep, the $64 Q is... have the CCP got this? No question they started down this track on purpose... but then again you guys let Lehman go on purpose. Is it under control or is it past the point of control, if so is it too late to regain control?
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
At one point, people are going to have to realize that maybe I know what I’m doing.” – Justin Trudeau

LOL!

Yeah we trust you.... ahem...
 

gnome

Site Supporter
Midas Member
Site Supporter
Joined
Apr 10, 2010
Messages
6,297
Reaction score
5,415
Yep, the $64 Q is... have the CCP got this? No question they started down this track on purpose... but then again you guys let Lehman go on purpose. Is it under control or is it past the point of control, if so is it too late to regain control?

I have no answer to your $64 Q, but CCP says billionaires better get with the program or get the Jack Ma treatment.
Evergrande's founder appears to be on the hook for the company's debts:
https://www.cnn.com/2021/11/09/inve...s-evergrande-bail-out-mic-intl-hnk/index.html

They just dropped the hammer on coal prices while demanding more output - short term they'll succeed, but long term that's not how it works fellas
https://www.reuters.com/business/en...cers-study-profiteering-standards-2021-10-28/
 
Last edited:

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
OK... Oil was a big miss. I'm working on a "near the money" version of the Bot. I think the issue in some commodities, like oil, is that there are some super long term options in place for hedging purposes (you know like they are actually supposed to be used) that hide the short term gaming positions that we are looking for. I did some playing with a spread sheet and it got quite close... anyway, we will see what comes of it.

1637023840215.png
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,348
Reaction score
5,355
OK... Oil was a big miss. I'm working on a "near the money" version of the Bot. I think the issue in some commodities, like oil, is that there are some super long term options in place for hedging purposes (you know like they are actually supposed to be used) that hide the short term gaming positions that we are looking for. I did some playing with a spread sheet and it got quite close... anyway, we will see what comes of it.

View attachment 232597
Trial and error, Z. That's the name of the game.
 
  • Like
Reactions: Zed

Voodoo

Midas Member
Midas Member
Platinum Bling
Site Supporter ++
Joined
Mar 31, 2010
Messages
6,246
Reaction score
10,268
Location
Deep Underground Bunker
OK... Oil was a big miss. I'm working on a "near the money" version of the Bot. I think the issue in some commodities, like oil, is that there are some super long term options in place for hedging purposes (you know like they are actually supposed to be used) that hide the short term gaming positions that we are looking for. I did some playing with a spread sheet and it got quite close... anyway, we will see what comes of it.

View attachment 232597

Is this program some version of finding the Max Pain areas? Options really do control the underlying "thing" these days.
 
  • Like
Reactions: Zed

Goldhedge

Retired
Mother Lode
Midas Supporter ++
GIM Hall Of Fame
Joined
Mar 28, 2010
Messages
63,987
Reaction score
138,603
Location
Rocky Mountains
 

dpong

Site Supporter
Gold Chaser
Site Supporter
Joined
Jan 11, 2012
Messages
3,305
Reaction score
4,021
Good.

YELL_2021-11-16_12-27-11.png
 

dpong

Site Supporter
Gold Chaser
Site Supporter
Joined
Jan 11, 2012
Messages
3,305
Reaction score
4,021
My system puts my current stop loss at 8.81. I have no idea what is driving it.
 

Zed

Argent
Midas Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
21,922
Reaction score
24,943
Is this program some version of finding the Max Pain areas? Options really do control the underlying "thing" these days.
Yes, you could look at it that way.
 

Lancers32

Site Supporter
Site Supporter
Platinum Bling
Joined
May 10, 2020
Messages
3,923
Reaction score
5,193
Location
NC
Couple of juniors.

AZMCF_2021-11-16_15-43-58.png
USGDF_2021-11-16_15-43-39.png
 

Lancers32

Site Supporter
Site Supporter
Platinum Bling
Joined
May 10, 2020
Messages
3,923
Reaction score
5,193
Location
NC
Some of the Uraniums are coming into areas of interest. Little lower.
 

Lancers32

Site Supporter
Site Supporter
Platinum Bling
Joined
May 10, 2020
Messages
3,923
Reaction score
5,193
Location
NC
Bitcoin 58k or 52K I guess we find out soon enough.
 

Lancers32

Site Supporter
Site Supporter
Platinum Bling
Joined
May 10, 2020
Messages
3,923
Reaction score
5,193
Location
NC
So Brady of Sprott thinks the lows in the pm complex might be in or not. He is now looking to buy weakness. Unless you look to buy proven strength he missed the boat on this call. Some of these stocks are up 20-30% off the recent lows. Whatever.