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It would be fair to say or declare you own stocks when telling others not to.
Wether it be phyzz or stocks and kinda late although not too late if looking years out and already been buying it but late to buy phyzz for short term profit vs stocks in the last months. The premiums on phyzz seemed to go up in one day the other day.
Oliver is right on momo. Gold vs silver was about 90 to 1 at the beginning of the year and has moved back towards 80/82 to 1 now. The percentage would have to change and watching the cup and handle Momo because if golds/silver ratio still 80/1 gold 5000 won’t yield silver at a hundred but 62.5 it would have to be 8000. So momo or catalyst is from the increasing demand for silver where even central banks are buying it and this demand is not temporary but growing. Closing the gap.
Just another part of a diversified life’s portfolio in which if at least one of my diversifications survive, I survive…but I put my faith in SNG to get me through. FWIW!
Whatever you buy through your online broker belongs to your broker, unless you hold stock certificates which are almost never issued anymore since everyone has become a day/swing trader. Skipping many unforeseen events, I see many defaults coming when TSHTF! and the bottom line….if it’s not in your hand, you lose! IMO!
They’re finding more and more uses for silver so they’re growing demand. There’s also growing demand for tangible gold. Not just from inflation in the currency but the want to change to cashless non tangible digital. Either one, currency or digital it can lose value. With currency it’s inflation increasing the money supply or economic instability, With digital it’s dependent on buyers and sellers, can be stolen out of thin air in someone’s basement, it’s value can be manipulated by being controlled by governments.
I beg to differ…..that idea may work if the metal prices are fairly static and way lower than this…up here the miners are going to be earning like bandits , thus the dividends will be massive, as will be the yield….as soon as those yields go north of Treasury rates , the demand for the shares will be enormous, plus shorts have to pay that dividend and face a rising price from dividend hunters and the longs ….who are mainly hard core bugs still, who will not sell at such cheap prices…..thus keeping the mkt thin.
Meanwhile we may well have continued rising metal prices, driving profits even higher……as of now the shares are dirt cheap vs the metal…and we are in a super bull, no way do shares stay lagging this badly in a super bull.
In a stock market that is very, highly valued the one sector that is dirt cheap is PM shares, but potentially paying a better yield than anything else with a super bull mkt in the metals.
Our shares may not turn around immediately but earnings season is coming soon and they should be stellar! The good producing cos will have lots of cash for dividends or for acquisitions. Juniors who have lots of ounces in the ground should get a re-rating. The skies are blue for us!
This time you better get the real thing while you can. The shares will NEVER attain what they did in either 2008 or 2011, and this is why IMO. Recall that your Broker notified you that they were going to loan out your shares unless you specifically told them you would not allow it? Otherwise they consider your silence to be permission to do so. IMO this is the reason the shares are underperforming.
IMO, BlackRock and ALADDIN, their Super Computer….have made an agreement with your Broker to borrow your shares (for a fee paid to your Broker) so they can use your shares as proof that they “possess” the shares they are shorting and they are not NAKED short and do not have to report it as such. So you buy, say, 1000 shares of XYZ , then your Broker loans (for a fee) your shares to BlackRock/ ALADDIN who shorts your XYZ 1000 shares. The volume doubles, and XYZ goes almost nowhere! Meanwhile Physical gold and silver skyrocket while you miss the boat and sit there scratching your head. ???????
Better get physical silver and gold while you can. Once you see it you can’t un-see it. SNG
That chart should be flashing in bright lights!!!!
Perhaps we’ll start to get more rotation into the miners, in earnest, after the upcoming earnings cycle.
For the junior explorers ( which I have quite a few shares in), I feel that the overall success that these companies have achieved raising $ in PP’s, has been phenomenal…….I guess that, in itself, is a measure of success for these little guys…..
The only thing that gives me pause is that volume in GLD and GDX were monstrous. OTOH, volume has been heavier on the big down days pretty much all the way up. I guess that will continue as we move higher. RSI on GDX now manageable at 58. SLV is 69, GLD still up at 75.
Monday is going to tell us a lot. It’s hard for me to see us selling off into the year end. If we head south Monday am, I think it will be bought.
Dalio has an article on ZH, he is recommending 15% portfolio allocation in gold. I can’t even imagine what the gold price would look like if people followed that advice.
1980, US debt was $908bn. Gold hit $800 on inflation concerns, which were squashed with high interest rates.
2026, US debt $37,000bn. If it’s shooting up because of inflation, interest rates cannot be used as a tool. Mr Market may push them up anyway, but 18% would kill everything. But all that debt means the USD is worthless anyway.
If the POG has anything to do with US debt, equivalent is $32,600/oz.
If it’s anything to do with M2, 1980=$1.5tn, 2025=$22tn, the equivalent is 11,733/oz
I’ve seen this headline more than once but picked him cuz he doesn’t lollygag along but talks fast. Tokenizing debt and devalue the token value to you. You should listen to this esp if you own treasuries money in banks! Side tracks haven’t listen to it all yet. To be financially ready and options. Involving gold and crypto.
I told them that I heard buyers weren’t taking junk silver.T hey said its just on hold. They are taking it because they’re not in a hurry to sell it but won’t bring the prices people would expect. 60 percent. So with the refinery issues they are getting a discount by holding it for now.
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