The Lunatic Fringe - Trading talk.

[jelly]

I think the key factor in all of this is the apparent reversal in the US dollar. Appears to have topped out.

in other news, bank of England raised rates today. It appears other countries are making the first move

 

[Lancers32]

Real easy in the pm complex now but Gold might be a little trickier than Silver. Silver made a double bottom against $21.40 yesterday.

You can buy any miner like SILJ MTA HL CDE yada yada and hold unless they can close under yesterday's lows. You want to pay more fine I like my chances in this area every time.

 

[Lancers32]

My name Jose Jimenez.

TSA Is Allowing Illegal Migrants To Board Commercial Flights Without Proper Identification, Texas Rep. Alleges | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Lancers32]

It's not me it's you. We are focked.

 

[Jodster]

Real easy in the pm complex now but Gold might be a little trickier than Silver. Silver made a double bottom against $21.40 yesterday.

You can buy any miner like SILJ MTA HL CDE yada yada and hold unless they can close under yesterday's lows. You want to pay more fine I like my chances in this area every time.

I remember buying SILJ at $14.00 on a dip, thinking I was getting a good deal for the next leg up. Then I rode the bugger all the way down to $13.00 and stopped out.
Yesterday I could have picked up some at $11.60 and balked . . . too gunshy. And of course it's off to the races.
Any bets on if this is a dead cat bounce or have we finally turned the corner in the precious metals?
Uranium, on the other hand is a lost cause and don't even ask me about SPPP...

 

[savvydon]

Interesting turnaround in silver today. I haven't sold any positions during this downturn and have only added one position. This seems like a good spot to put some sideline cash to work if there's some follow through on todays reversal.

I doubled up on my Jan slv call options yesterday. Trying to find an easier exit.

 

[Lancers32]

I remember buying SILJ at $14.00 on a dip, thinking I was getting a good deal for the next leg up. Then I rode the bugger all the way down to $13.00 and stopped out.
Yesterday I could have picked up some at $11.60 and balked . . . too gunshy. And of course it's off to the races.
Any bets on if this is a dead cat bounce or have we finally turned the corner in the precious metals?
Uranium, on the other hand is a lost cause and don't even ask me about SPPP...

Wait for a good red day. Same for Uranium don't chase.

 

[Voodoo]

The Baloney Pony's letter to Greg Mannarino. This guy is a special kind of jagoff.

EPIC! Check Out This Email I Got From Bo Polny!

From Greg M

gregorymannarino.substack.com

Well that says a Lot about the guy. Pot MEET Kettle.

 

[jelly]

Whole lotta cheap miners out there right now. Going on a shopping spree...

 

[Jodster]

Wait for a good red day. Same for Uranium don't chase.

I’ve had two solid red WEEKS in uranium!
The hemorrhaging has to stop soon. We’re almost out of blood.

 

[Lancers32]

Whole lotta cheap miners out there right now. Going on a shopping spree...

They got a lot more expensive real quick. Everything I look at gapped up yesterday.

 

[Lancers32]

This is the way they are selling this to the great unwashed.

Joe Biden Actually Said This — ‘Winter of Death is coming for the Unvaccinated’…

Meanwhile Omicron is spreading among the Vaccinated

citizenfreepress.com

 

[Lancers32]

Miners go south Wednesday's closes are a decent place to fish.

 

[Lancers32]

Same $hit with every one of these a$$ clowns. GTFO.

 

[bemac]

Same $hit with every one of these a$$ clowns. GTFO.

Well, his question is pretty broad. Which criminal act? What does he mean by "social justice?"

 

[Lancers32]

Well, his question is pretty broad. Which criminal act? What does he mean by "social justice?"

Thank you for the question Bemac.

 

[Jodster]

So wh

Miners go south Wednesday's closes are a decent place to fish.

So what ya buying?

 

[Lancers32]

HL
CDE
MAG
SILV
SILJ
MTA
AG

SILJ would probably be sufficient. Wednesday looked like a capitulation low. Wonder if tax loss selling is over? Rallies in the near term will most likely be sold due to recent market action. Unless you bought early on last year you are sitting with losses.

Feed in a little at a time probably a good idea.

 

[Lancers32]

Encouraging but it doesn't mean straight up.

 

[Goldhedge]

So wh

So what ya buying?

About the size of it...

 

[dpong]

This would have been a nice ride, had I caught it.

 

[jelly]

Encouraging but it doesn't mean straight up.


View attachment 237212

I agree. I think it'll be January before we get legs.

 

[Jodster]

This would have been a nice ride, had I caught it.

View attachment 237275

The only thing I caught from a nice ride was chlamydia. How about you give us some warning beforehand

 

[gnome]

TSLA fills the gap just above $900 that happened after earnings last quarter.
Elon has a few more options to exercise (and shares to sell to cover the taxes), but the selling pressure is probably almost done.
I'll nibble on weakness, and all in if we get anywhere near the 200dma.

 

[Lancers32]

Oh this guy. LOL.

 

[jelly]

Just musing...
If we use Oct 1 as the date for the lows, it took 14 months for gold & miners to bottom from the Aug 2020 top. If the climb higher is reciprocal, taking 14 months to get back to the 2020 highs, it would reach the previous high of $2,100 gold around November 2022.
Not a prediction, just something to think about.

 

[Lancers32]

Light volume time of year so be prepared to get pushed around a little. No guarantee the pm complex has bottomed but for now I am playing it that way. No major commitments a little at a time. We head down Monday-Tuesday I have bids here...

HL $4.80 CDE $4.84 MAG $15.34 SILV $7.32 SILJ $ $11.76 MTA $6.48 AG $10.49

IF we break these halfway back points I would anticipate buying closer to Wednesday's bottoms slightly higher. Unless we run into a nasty bear market the risk from this general area is manageable. The risk reward favors the miners and the Uranium stocks.. Good luck.

 

[Jodster]

For those of you who have an interest in REE's and strategic metals, REMX looks to be shitting the bed in early morning trading.
Dropping close to the 200DMA and might be worth a stinky bid.

EDIT: My $102.50 got filled immediately at opening. There's deals to be had!

 

[Jodster]

Ironically, the only thing keeping me solvent are the volatility indexes. VXX is at a multi-year bottom. Omicron and Brandon are not doing the traditional investor any favors, but It's great for buying the FUD.

 

[Jodster]

More clarity from Rick Rule.

 

[Lancers32]

UEX the cobalt play? cobalt up to 70 stock looks near a bottom.

 

[Lancers32]

Hey Joe.

 

[Lancers32]

I know what you're thinking. Couldn't date her my pecker would look small.

 

[Lancers32]

Rally or heartache for the bugs?

 

[Jodster]

She

I know what you're thinking. Couldn't date her my pecker would look small.


View attachment 237756

looks like she could keep the aquarium pretty clean.
As for the markets, sideways crawl for the next few months in uranium. Metals will slowly creep up. Nothing significant to give my portfolio the 30% I need to recover.

 

[Lancers32]

Grady likes Silver. Might have to rethink this. jk

 

[Lancers32]

One out of three ain't bad.

 

[Lancers32]

Read my lips. I shit my pants.

 

[ErrosionOfAccord]

SDRC results

OTC Markets | Official site of OTCQX, OTCQB and Pink Markets

www.otcmarkets.com

 

[jelly]

Keep an eye on gold in Australian dollar terms, it's showing the way.
Consolidating, poising for the next move higher. Setting up for a nice January.