The Lunatic Fringe - Trading talk.

[dpong]

[Get real, y'all.]

 

[Lancers32]

You don't get to say y'all iffen you ain't from the South. This kind of $hit bothers me and warrants a bitch slap.

 

[Jodster]

You don't get to say y'all iffen you ain't from the South. This kind of $hit bothers me and warrants a bitch slap.

Maybe “y’all” is Ebonics is Dpong is black.
Anyhow I just listened to that Rick Rule podcast and he seems to think Uranium has more downside and volatility. Wondering if I should sell off anything that’s above water and reposition into petroleum and metals. . .

 

[Lancers32]

Maybe “y’all” is Ebonics is Dpong is black.
Anyhow I just listened to that Rick Rule podcast and he seems to think Uranium has more downside and volatility. Wondering if I should sell off anything that’s above water and reposition into petroleum and metals. . .

I don't think so. About Dpong that is. Rule might be saying sell U so more of his bids get filled.

 

[Lancers32]

Maybe “y’all” is Ebonics is Dpong is black.
Anyhow I just listened to that Rick Rule podcast and he seems to think Uranium has more downside and volatility. Wondering if I should sell off anything that’s above water and reposition into petroleum and metals. . .

Seriously though you know they say to sell losers and let winners run. We are down 2 days hard in Uranium if you want out best to wait for a big green day.

 

[jelly]

Maybe “y’all” is Ebonics is Dpong is black.
Anyhow I just listened to that Rick Rule podcast and he seems to think Uranium has more downside and volatility. Wondering if I should sell off anything that’s above water and reposition into petroleum and metals. . .

I would agree with the Uranium statement. There was incredible hype in the Uranium space just a few weeks ago. That's what you see at the tops of bull markets. That needs to dissipate if Uranium is going to continue to go up.
The way I see it, most of the commodities are done going up. The narrative has played out in copper, steel, gas, oil, uranium, base metals. Tapering coming soon, means disinflation. Long term, yes i think they are all going higher, especially copper, uranium, and oil. However in the medium term, I think the commodities go lower.

 

[dpong]

I’m from the South.

 

[Lancers32]

I’m from the South.

And you ain't black.

 

[hammerhead]

And you ain't black.

Why, because he didn't vote for Brandon?

 

[savvydon]

You don't get to say y'all iffen you ain't from the South. This kind of $hit bothers me and warrants a bitch slap.

How many years hard time do I have to do here before I get a pass?

 

[Lancers32]

How many years hard time do I have to do here before I get a pass?

Never.

 

[Jodster]

How many years hard time do I have to do here before I get a pass?

"WWZD?" . ."Waht Would Zed DO?"

And Savvydon, I been here before most of ya, and I ain't caught a break yet! LOL

 

[Jodster]

I would agree with the Uranium statement. There was incredible hype in the Uranium space just a few weeks ago. That's what you see at the tops of bull markets. That needs to dissipate if Uranium is going to continue to go up.
The way I see it, most of the commodities are done going up. The narrative has played out in copper, steel, gas, oil, uranium, base metals. Tapering coming soon, means disinflation. Long term, yes i think they are all going higher, especially copper, uranium, and oil. However in the medium term, I think the commodities go lower.

In the spirit of transparency, I think I'll maybe keep some money in the Uranium funds like HURA.TO and URNM. My wild bet is BSK.VN.
But if I move out of Uranium positions, I think the following are areas to play in:

I will be playing positions in Donald Trump's media platform with warrants DWACW.
LAC.TO seems to have legs to run yet in lithium.
I also think there will be phases of market volatility so I have a healthy position in VXX.
REE's seem to have missed the boom so far, so I dabble in REMX.
And we're all gold bugs to some degree so I'm playing the junior miners with SILJ and SGDJ.
There's also a very interesting story with HYMCZ which is what I consider money lost, but has the real potential to be a 200-bagger.

 

[savvydon]

Never.

That's cold, bro.

 

[savvydon]

"WWZD?" . ."Waht Would Zed DO?"

And Savvydon, I been here before most of ya, and I ain't caught a break yet! LOL

Like to think he would knock around in the fringe for a while...

 

[Lancers32]

That's cold, bro.

I think we have a little misunderstanding here. This has nothing to do with anything other than y'all. That's it.

 

[Lancers32]

Crypto Fear/Greed Index now at 10. Can't go below 0 right?

 

[Lancers32]

As long as BTC doesn't trade below 37k? around in there this might be worth the beer money.

 

[Au-myn]

10 - Year US Treasury P & F scale 3 x .07 issued a buy signal at 1.75 on a Formations in Combination pattern. Look for a run breaking 2
on this buy signal...Good for Gold!

 

[jelly]

Update on gold/aussie dollars. It broke out, but now it's lingering and looking weak. Close below the 50-day and it's over.

 

[Lancers32]

 

[dpong]

I just pulled back and looked at charts of Gold, Silver, AG, CDE, FSM, GDXJ, SILJ, GDX.

To be clear, there is not a bull market in this sector. Sitting on hands over here.

 

[Lancers32]

Buying previous support. F/G Index now 21. Over 2K off the bottom. How much upside is left?

 

[D-FENZ]

Buying previous support. F/G Index now 21. Over 2K off the bottom. How much upside is left?


View attachment 240489

Looks like a potential massive head and shoulders top too- with an implied target of somewhere down around intrinsic value.

 

[Lancers32]

How do you know you are at a gay barbecue?

 

[JayDubya]

LME resumes trading after a third-party power outage​

https://www.reuters.com/business/power-outage-affects-trading-lme-bloomberg-news-2022-01-11/

LONDON/BENGALURU, Jan 11 (Reuters) - Trading on the London Metal Exchange (LME) resumed on Tuesday morning after a power outage as the world's top marketplace for industrial metals struggles with declining volumes.

Activity resumed at 0615 GMT following the outage at a third-party data centre on Monday evening, the LME said.

The exchange, owned by Hong Kong Exchanges and Clearing Ltd. , migrated all systems to its backup data centre and trading was proceeding as normal, a spokesperson said.

The LME has faced declining volumes, competition from other exchanges and the COVID-19 pandemic, which forced the open outcry trading floor to close for 18 months.

Trading on the floor of the exchange resumed in September last year, but the exchange decided to shift closing prices to its electronic system, Select. read more

The exchange been looking to find ways to boost lagging volumes. Overall lots traded for the first 11 months of 2021 slipped by 7%, latest LME data showed.

 

[Au-myn]

Pressure on the $...

 

[Lancers32]

How do you know you are at a gay barbecue?

The hot dogs taste like $hit.

 

[Jodster]

The hot dogs taste like $hit.

Buddy, this thread is so sad even the rednecks won’t answer the gay jokes.
I honestly think it’s because we all know the markets are in this slow erosion downward.
Dpong said it best in his last post.
there’s money to be made but it’s not in which we concentrate. For example, I stopped out of Trumps company and then the warrants took off on DWACW.
I rode it down for three legs and then when I had sold out completely, the motherfucker jumps 10% a day. Just shoot me in the face.

 

[savvydon]

Hemke's PM forecast for 2022:

https://www.sprottmoney.com/blog/Re...us-Metals-in-2022-Craig-Hemke-January-11-2022

 

[jelly]

Gold in Aussie dollars fizzling, breaking below the 50-day. At this point, it think it just means that gold goes sideways a little longer, not that a crash is coming.

 

[jelly]

US dollar taking a tumble, breaking down cosiderably. Looking very bearish.
Zed has pointed out many times that gold and the dollar can sometimes move together. So, just because the dollar is tumbling doesn't mean that gold is going to blast off.

 

[Joe King]

Hemke's PM forecast for 2022:

https://www.sprottmoney.com/blog/Re...us-Metals-in-2022-Craig-Hemke-January-11-2022

I noticed this.

• August 2020. U.S. 10-year note yield 0.55%
• January 2022. U.S. 10-year note yield 1.60%

Percentage wise, that's a huge increase. 190%
In my thinking, if that trend continues, something is gonna break.

 

[JayDubya]

It's actually a 190% increase, but your point still stands

 

[hammerhead]

Buddy, this thread is so sad even the rednecks won’t answer the gay jokes.
I honestly think it’s because we all know the markets are in this slow erosion downward.
Dpong said it best in his last post.
there’s money to be made but it’s not in which we concentrate. For example, I stopped out of Trumps company and then the warrants took off on DWACW.
I rode it down for three legs and then when I had sold out completely, the motherfucker jumps 10% a day. Just shoot me in the face.

Will you guys have to get real jobs now?

 

[Lancers32]

Will you guys have to get real jobs now?

I worked for 45 years man. I am done. Can't lose enough to matter.

 

[hammerhead]

I worked for 45 years man. I am done. Can't lose enough to matter.

Please realize I was trying to be funny. I enjoy trying to follow what you folks are doing.

 

[Joe King]

It's actually a 190% increase, but your point still stands

Thanks, fixed it.

 

[Lancers32]

Please realize I was trying to be funny. I enjoy trying to follow what you folks are doing.

I know you were kidding. Don't be such a pussy.

 

[Jodster]

Will you guys have to get real jobs now?

I wish I could. I'm frontline in healthcare; programmed isolation rooms for covid patients. Didn't take the jab so I'm fired and unemployable.
Anybody with big tits need a poolboy?

EDIT: Anybody FEMALE, with big tits, need a pool boy?