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Someone sent me this market analysis regarding the recent silver remonetization framework enacted by the Reserve Bank of India on April 1st. This historic policy, which allows banks to accept physical silver as tier-one monetary collateral, signals a major shift in the global market.
Coupled with China’s recent import surge of 836 tons and similar moves across the Middle East, we are seeing a significant physical drain on silver inventories. Despite silver currently trading at $75.45, I believe this price does not yet reflect the impact of these policy changes.
I have included a few resources below for you to track these trends:
Please note that this information represents personal opinion and market analysis for educational purposes and is not professional financial advice.
recommend conducting your own due diligence before making any investment decisions.
Only thing up between oil and gold stocks is oil royality and a few newer oil delivery tanker services stocks I meant for short term but looks like it might be longer term now that they’re getting more business that isn’t temporary. A company I missed sold drones. There will be a new one and with increasing prices and demand where they collect scrap metals through tech throw aways for gold, silver, copper.
I would never trust nugt they’re famous for reverse splits. They’re a scam. They do nothing but play the rich get richer the rest get poorer.
On the last weeks dips I picked up another 4K of phyz. Not like the rich oil tycoons just a little at a time.
I’m busy plus getting physical therapy for CMT. A nurse friend made sure she was there knowing me that they stay on track and I don’t divert to other patients. They brought me a doctor of PT. But corporates have them ask if you had your COVID and flu shot. My friends like oh no why did you have to ask her that here we go. After about 20 minutes discussion which PT agreed and said she got out of it until she sent to fly out and visit a sick relative she had to get the jab. My friend at that point interrupted and asked PT when will they get me better so we can go out lunch to get the subject back on me like she already knew I was gonna do. Pt told her how the in our time we were so dedicated but my friend was one too and she likes listening to them. They they don’t make us anymore. I told her that’s okay, they would try to take advantage of them too while their out having fun so you have to draw the lines or you’ll have no life yourself.
I bought $7147 worth of NUGT a long time ago but held onto it, and today its down to $2564 down $4583, I know long term with CERTAIN ETFs is ng. But the Dow SnP etc etfs have been fine long term. But I’m thinking long term maybe a month for SOXS.
By the way, your charts are so big I can’t see them, they go to far off to the right side behind everything, try to make them smaller if you can.
If yr in long term..then be careful of the doubles and triples……for fun I bought NUGT when it was a triple, as a mate was buying it as well…a long time ago….it is now only 2 times, as they cut 1 times out when it near worthless…..
Here is the comparison chart…they should take it out and shoot it…..I keep it just for old times sake….it will probably never pay me back.
I was thinking long term so I’ll buy it back, the semies are getting killed. FINALLY its like the dot com bubble. There are plenty of etfs that go good long term. Did you look at SOXL long? Below Gareth Soloway updates. Geez now SOXS is up 11.4%.
I knew that would happen….I was thinking later that both have had extreme moves and with triple leverage and even a small pull back in the SM, they would have big moves……where as I was thinking long term……
Its up 10% today. Look at the semiconductor list, 90% of them are down. You have to click on the % Change spot to align them up. I’ll probably buy it back.
Oil up 5%, dollar up (but mostly recovering from yesterday’s pull back), rates up 3 bips.
I guess that’s a good enough reason to trash pm’s.
As deer79 mentions, they’ll trash it before during and after if they can, because that’s always been the game.
Looks like shares go back and test the lows yet again. I love pm’s. Even in a parabolic move they go down half the time. In corrections like this they go down 98% of the time. Not a lot of joy to be had here.
Military caught mixing aluminum, barium, strontium in jet fuel by former USAF bio environmental engineer who they threatened to throw her in a mental hospital for 6 months. I can suspect if they did and could get a corrupt doctor they would zombie her with drugs and or endangered her with aggressive violent patients or tried to suicide her.
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