Thread 61156530

Waiting for market open edition

Commodities include
>Precious metals
Platinum, Gold, Silver
>Energy
Oil, Natural Gas, Uranium, Coal
>Base Metals
Iron Ore, Nickel, Lead, Zinc, Copper, Aluminum, Molybdenum, and Cobalt
>Others
Water, Agricultural, Lithium, Salt

>Mining for Noobs (MUST READ)
https://pastebin.com/5uWth6eG
>Ore Deposits 101 Series (MUST WATCH)
https://youtu.be/e1voF9XxBPQ?si=1O4QKVGRizNhFuPc [Open]
>How to Value Mining Stocks
https://youtu.be/qk6Z3WINuSQ?si=RGcOWBIFCvl0WBXG [Open]

ETFs
>General Commodities
GUNR
>Metals and mining:
GDX, GDXJ, SIL, SILJ, COPX, REMX, PICK
>Oil and gas:
XOP, OIH, PSCE
>Uranium:
URA, URNM, URNJ

More information for each commodity
https://pastebin.com/tduUv8Ny
Calculators for DD
https://pastebin.com/TsRtpKHs
Steer Clear List
https://pastebin.com/V571vwse
News Sources
https://pastebin.com/bQFESpBL

Youtube channels to follow
>Mining Specific
Kitco Mining, Crescat Capital, Mining Stocks Education, Crux Investor, Metals Investor Forum, Resource Talks, Vancouver Resource Investment Conference, Rule Investment Media, Hedgeless Horseman
>Market Commentary
Peter Schiff, Liberty and Finance, Finding Value Finance, Commodity Culture, Palisade Gold Radio, Sprott Money, Rob Kientz, Mike Maloney, Macro Voices, Decouple Podcast, Saxo Market Call
>Twitter Pages for Mining News
JrMiningNetwork, JuniorMiningHub, KitcoMining, MinerDeck, MiningVisuals, Mining

>What is Austrian economics?
https://mises.org/what-austrian-economics
>Austrian economics books
What has government done to our money? (Rothbard), The mystery of banking (Rothbard), Profit & Loss (Mises)
Previous:

>>61156530 (OP)
I charged ConocoPhillips in anticipation of an oil rally.

An anon in /smg/ was arguing precious metals were way overbought and natural gas/oil was way underbought.

Thoughts?

How we looking?

>>61156665
Oil and gas prices are being kept artificially low to annoy Russia, according to what I've read here and there. This won't last, I've started buying in anticipation of the inevitable price rise.

>>61156530 (OP)
This video talks about how the current uranium mines are gonna run out in the 2030s and there aren't new mines in the pipeline to replace the current uranium need and that uranium consumption is increasing because of new reactors.

How accurate is this? Is uranium a good investment if it's gonna be very rare in the near future?

https://youtu.be/nodScrkKLX0?si=0FShYkftIHvRGAK9

>>61156833
>Oil and gas prices are being kept artificially low to annoy Russia, according to what I've read here and there. This won't last, I've started buying in anticipation of the inevitable price rise.

True .
Also word on the street is that Arctic is slowly getting warmed up .
So if arctic warms up, companies in Alaska could start pumping oil and gas cheaper.

I was also looking at ConocoPhilips .
https://alaska.conocophillips.com/

But I am not seeing how the price moves faster than gold or silver.

Now we're cooking, live me MUX

>no engagement
>we're so early

>>61157980
>>61158782
It's happening

Still playing with rocks?

>>61159695
Yeah and I'm making lots of money betting against orange retard

>>61156846
Picked up some UUUU because they do Uranium and are developing REEs

>>61160052
gold may have united left and right

>>61160255
Trump is a fucking communist

>>61160286
you keep telling yourself that

>>61160255
>47:30
https://youtube.com/watch?v=m-gKVeFJxp8&si=HnjS9ZdeFBsz8uMp

>>61160365
Look at his economic policies fren

>>61162501
he is a sino-communist, and i'm tired of pretending that's a bad thing.

how long will this CLF rally last? are they going to actual get an investment from the govt?

>>61162593
How is it a good thing? The dollar is dying?
I mean it's good for my portfolio but not for the country.

how much could i expect to pay for this if i bought it? probably about 2+ pounds

Is there is a bull case for copper?
CPER chart looks good

>>61162677
I wouldn't touch that shit while were I the cusp of a recession.
Buy gold and silver miners

>>61156864
I also have physical gold and silver, gold and silver miners (Majestic, Barrik) and natural gas. I just think it's good to be diversified and buying oil stocks at a lower cost is a good plan.

>>61162819
Best oil/gas plays? XOM? Stick to ETFs? I bought conoco a while back and was down 40% or more but it’s bouncing back was considering adding.

rare earths status?

>>61162924
No real news
Hoping Xinnie the Flu niggers it up some more so Troomp calls for more investment into American companies

>>61156530 (OP)
people will unironcally look at this picture and then say bitcoin is bad for the environment

>>61162993
But I don't need bitcoin

Today... is going to hurt

gold and silber died

i think u guys are overlooking copper

>>61163652
If there is a recession copper is fucked

>>61163655
why

>>61163665
yo mama

>>61163676
Ok retard

>>61163652
Why do you think copper will rise ? Is it because it should follow the rest of the market or are you thinking something else ?

>>61163756
21

>>61162601
guess I got my answer to this one kek

>>61162632
investing in industries the US lost isn’t a bad thing, but it will be longer than a decade before we see any results if the next administration even holds his policies in place. he pissed off the world with trade but who gives a fuck they were all living it up on our consumption. we were on the way out anyways.

>>61156530 (OP)
Newmont woke up and decided to rape me (financially speaking)

I'm down 55k today. It's over. We got too cocky bros.

Why do miners as an entire sector dump together in 1 day? Are there just massive funds that sell on the slightest bad look for gold or whatever
It's obviously not individual investors

To be fair we probably do need a correction after running up for this long.

>Gold dumping
>Silver crabing
>Oil surplus
The market is MINE! I am GOD HERE!

ez +60% gg no re

So fucking over done

Anyone knows if there are any undervalued mining stocks worth buying right now? I sold out of gold and I cant buy into silver because of EU rules (dont ask)
I would just dump more money into SBSW but I feel so salty knowing how much it has gone up already, however it looks like the best in terms of cost per share right now

>>61167272
$AG but all of them are undervalued after the last week

>>61167272
Bocana, obviously

It's been nice memeing with you guys. It's officially over.

>>61156530 (OP)
guys I NEED YOUR ADVICE

Are miners going to dump more now that gold has topped? seems like gold will retrace a bit but still miners are going to be very profitable amirite?

what would you advice me to do with my mining stonk. i'm thinking of selling tonight i believe gold will retrace to 3800

>be ausfag
>buy rare earths stocks on the back of US/AU agreement
>stocks immediately tank after market open yesterday
>go to sleep and have bad dreams because of this
>wake up
>check gold and silver

>>61168684
>Are miners going to dump more now that gold has topped?
Gold hasn't topped lmfao
It may crab for a few weeks, but it's going to continue exploding higher.
Have any of the underlying problems with the us dollar been solved? No?
Why would gold go down then?

>seems like gold will retrace a bit but still miners are going to be very profitable amirite?
Even if gold stayed at the same price, miners will still go up for at least a year or two given the fact their resource estimates are vastly underpricing gold(around $2200 I believe)
>i'm thinking of selling tonight
Why would you do something that retarded?

Report your damages. I'm down 46k today.

>>61169066
I'm actually up on the day because I hold both Bocana and Snowline.
lmao crazy

Imagine not having bought bocana yet

Don't sleep on molten salt reactors. Also I've been tempted by sugar recently, keep on feeling like people want to rotate out but have no where to go and may start looking at soft commodities, is this bonkers or do any of you see it too?

>>61165517
I was down 32k
No leverage, no options

>>61167826
It’s [Au]ver
SELL SELL SELL [spoiler]so I cam buy your cheapies and 10x my portfolio by years end[/spoiler]

>>61169066
i'm not even gonna check

Fuck me I'm such a a stupid chud I'm gonna die pennyless in mummy's basement and I'll never get to know what sex feels like all because I wanted to trade commodities instead of crypto just to be a contrarian shithead fuck fuck fuck fuck fuck fuck fuck

>>61169066
Skinned about 500 bux but minruls are still a very new and small part of my portfolio

Why DID they get buttfucked so hard? Did Trumo make nice with Xi and say we're gonna go back to buying chink REEs and copper forever?

>>61169441
me when i kill myself because cock and ball coin drops 70% in 2 hr

>>61169066
I am not ch3cking

>>61170259
>>61169066

>>61160133
UUUU and UEC...so hot rite nao

>>61156530 (OP)
>decide to yolo copper in 2020
>never end up doing it
>its up BIGLY
FUCK IT IM DOING IT
DONT EVEN TRY TO TALK ME OUT OF IT

>>61162662
thats gallium anon

V Shaped Recovery

>>61171893
Let's hope

Is today going to be better or worse? What do you guys think?

>>61172672
Betworse

Can someone tell me why the shills in /PMG/ seethe endlessly because I hold platinum?

>>61172908
mainly an industrial metal. less liquid in a crash scenario, currency crisis, or God forbid a situation where one is forced to barter. >>61171908
nothing goes straight up, fundamentally the west is going to keep printing and debasing fiat CMMG is the right move; timing... well if I knew that i'd post here and we'd all be rich

>>61172908
They're just low IQ /pol/tards who are never gonna make it.
They're too retarded to buy mining stocks

I hope this is the bottom

With EU getting 100% into american natgas what companies should I be looking at?

I'm not selling. It's been a good correction but we are planning on going back to normal in two weeks.

>>61172908
Because it's not silver. That's the reason.
They're neutral gold, retardedly bullish silver, and everything else is a meme to them.

>>61156551
oil will at least double in the next two years, but it can drop to 30-40 or more depending on how severe this recession will be

I'm still not checking my portfolio

How we feeling UUUU Bros? Wonder what these buyers all know

>>61172908
>If you don't hold it, you don't own it
>NOT LIKE THAT!!!!!!

>>61176263
>gary says

Are we back?

Newmont is reporting earnings after the close on Thursday. You think they beat?

have rare earths shit the bed in the US too? i haven't checked my portfolio in two days and plan on leaving it until next week. i don't wanna know.

Nice recovery today, exactly what we needed to see

Do any of you speculate on agriculturals or lumber? How did you learn these subjects?

>>61180629
There was an anon who tried speculating on lumber