1289 replies to this topic

[K Wave]

Nice looking opening 15 min stick on GDXJ....let's see if they finally get things running now

[dougie]

GDXtrying to break up out of the symetrical hourly triangle from Jan

[dougie]

 

My best idea for rest of 2020 would be to go long Shanghai and short silver. There is something huge going on in silver....its doing 12,12 and I think its going to retrace the whole move form '19 before it undertakes one of the biggest bull moves in our lifetime. Of course, this opinion is just an opinion.

Yes so you have said

[dharma]

we are rapidly approaching a time for a run. there will be a trigger a light going on somewhere.  the fed is most accommodative  even though the broad market seems to flying on air. w/the fed at its back its a very unwise short

i am consumed w/this statement South Africa has gone stupid and socialist. What the government charges for electricity is lower than the cost of production. The mines across the country are getting killed with a constant lack of power. South Africa produces 78% of the world’s platinum and about 45% of the world’s production of palladium. We easily could have a multi-year shortage of both metals. Right now the near contracts for palladium carry a premium to the distant months indicating a severe shortage of the metal. 

ok this is me now , there are a few juniors in the space in north america i am deliberating  on taking positions there. keep in mind platinum can be substituted for palladium in cats eg

gold is waking up  we are at 1585 . the high in sept was 1566 so we are playing on a higher field i am waiting for the miners to wake up.  when they do, and they will at some point , big rewards will be seen

dharma

any thoughts on the pgm space are welcomed i am burning alot of wood on this . yes i have 11k + shares on plg. but it seemed stupidly cheap to me . and i am never comfortable investing in s/africa!

[dougie]

Pl

 

we are rapidly approaching a time for a run. there will be a trigger a light going on somewhere.  the fed is most accommodative  even though the broad market seems to flying on air. w/the fed at its back its a very unwise short

i am consumed w/this statement South Africa has gone stupid and socialist. What the government charges for electricity is lower than the cost of production. The mines across the country are getting killed with a constant lack of power. South Africa produces 78% of the world’s platinum and about 45% of the world’s production of palladium. We easily could have a multi-year shortage of both metals. Right now the near contracts for palladium carry a premium to the distant months indicating a severe shortage of the metal. 

ok this is me now , there are a few juniors in the space in north america i am deliberating  on taking positions there. keep in mind platinum can be substituted for palladium in cats eg

gold is waking up  we are at 1585 . the high in sept was 1566 so we are playing on a higher field i am waiting for the miners to wake up.  when they do, and they will at some point , big rewards will be seen

dharma

any thoughts on the pgm space are welcomed i am burning alot of wood on this . yes i have 11k + shares on plg. but it seemed stupidly cheap to me . and i am never comfortable investing in s/africa!

has a clean 5 waves up and now finsihing abc down

[Joey]

Group Ten Metals  PGE.V, has property  adjacent to Stillwater Mines in Montana.

[senorBS]

Gold looking great here IMO, looks like a wave 3 daily getting underway from Feb 11 low, miners should wake up soon

 

Senor

[senorBS]

Like the KL retest of the 36.17 secondary low this morning with a double bottom. Now has rallied and near 37 and there is near term resistance at 37.05-37.20 area, sustained move above there looks to me like near term breakout up toward 38. as always DYODD

 

Senor

[K Wave]

Miner indexes look coiled an ready to strike...almost like they are just waiting on some sort of news or something....

[dharma]

just a heads up mercury goes retrograde tomorrow. so  communications will be miscommunicated.  i agree w/senor and kwave the sector is coiled up and ready to spring. i have astro turns wednesday/thursday. of course  that is all i know . but my feeling, fwiw, is this will be the kick off to an upwave.  we shall see. we are coiled , and ready. i believe the sept  high and the action that followed is the blueprint for the year. ie a high in march/april then a big consolidation into the 4th quarter w/another upleg gets underway.  

that parabolic is in the distance. but on the horizon

joely welcome , its one that is on my radar . i have been watching intently since .14c  its a very interesting dynamic prospect.   

platinum in my opinion is ridiculously valued , just look at palladium and oh my rhodium   i will come back w/ what i did or didnt do in the space. 

i think this is way early and i am not doing anything yet.  but diamonds will have their place in the sun. they have some desirable characteristics and @ some point in 79 they went parabolic too.  there are some diamond miners i am following.  but first we need the stagflation to show up talk about portability and unable to detect them  they are right up there w/bit coin.  i believe money will be fleeing europe at some point. its why the commission wants to have an army.  it wont be enough to protect those in power.  talk about a  hornets nest

dharma