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Re Hycroft……nor me…how I wish I had listened earlier……he must have talked about it when it was sub $ 5…..grrrr……
Still can’t have ’em all… the action recently has been magical……and with so much more to come, as the shares are trading like they don’t believe….plus if you look at Plat, you can see what years of shorting a thin mkt can do, when it turns…..
It wud not surprise me that in Plat etc, they have sold and sold, always making money, so just kept adding, but in thin mkts…now they want out, there is nothing on offer, in size, so every day they bid and get a bit, but stop when it has run up say 5 or more %………I have never seen a mkt rise so fast as Plat…….except near a blow off top and these are not blow off tops….
His life is imploding with the Biden punch bowl green tax credits being removed when we hit 2026. Sometimes it feels that the solar industry is a group predators that worked in cahoots with politicians. He’s a leftist, and he’s decided to move to England with a work Visa because he says it’s beyond Trump and the problem is America and I feel like telling him GTFO and never come back. He says without the tax credits solar prices are going to rise 40%. He didn’t think what Silver was going to do to his business enough either. Same with batteries. Maybe he’ll just make bigger commissions?
If you look, there’s always companies that grow around insurance providers and pig trough money, whether it’s a dent popper for cars and hail. Roofers and hail claims that cost 4X what they should, the medical community too.
This area @61 to 65 on the Au/Ag ratio is v serious support…..Gold may oitperform Silver for a while……the recent move is looking over exytended……. if it doesn’t then AG is unstoppable
I see it’s more than China that’s looking for their supply of silver for their products by going out of traditional routes and avoid their markup games to suppress the buying when they cannot deliver when they can get it directly from.the mines. I hope the mines take in account that with supply issues they leave room for rising prices on any contracts. The race is on.Comex lost control.
No more interest free money for speculators to gamble. Also compared to the dinero and neutral reflection by gold keep a eye on comparison to dollar/gold inversely to yen.
Christmas rally begins in earnest. PM’s and shares blowing up for the holidays. Been a lot of years since we’ve had a Christmas rally in the pm sector. Hopefully this is just the beginning.