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WPM makes two year HIGH 2017-2018

Posted by Ororeef @ 23:44 on July 3, 2018  

Wheaton locks in hugh amount of COBALT for future delivery used in Electric CARS
Apparently the Race is on for Cobalt as Apple,Microsoft and carMakers seek to lock in supplies

Why Wheaton Precious Metals Is Getting Into Cobalt Streaming
What’s cobalt got to do with precious metals?
Billy Duberstein
Jun 22, 2018 at 9:18AM

Looking to invest in precious metals? Streaming companies may be the way to go. Instead of mining metals themselves, streaming companies essentially lend to miners — but instead of collecting interest, streamers receive part of the mine’s future output at a steep discount. It’s a great business model that allows streamers to both diversify revenue streams and seize unique opportunities.

The largest streaming company in the world (by revenue, not market capitalization) is Wheaton Precious Metals (NYSE:WPM). Wheaton began as a silver streaming company in 2004 under the name Silver Wheaton, but the company began seeing opportunities in gold around 2013, and in 2017 it changed its name to Wheaton Precious Metals to signify its diversification.

Just last week the company started a new chapter, announcing its first streaming deal in a third metal: cobalt.
A bet on… electric vehicles?

“I’ve owned a Tesla (NASDAQ:TSLA) for five years and I will never own a gas vehicle again.” That’s a quote not from Al Gore or Elon Musk, but rather Wheaton CEO Randy Smallwood. His decision to stream cobalt is exactly that: a bet on EV adoption. It’s also a bet that cobalt, which currently plays an important role in today’s EV batteries and will continue to be an important component of future battery technology.

Today just 0.67% of new car sales are electric, but that number is set to grow many times over, with some analysts anticipating EVs will make up 10-16% of new sales by 2025.
Supply concerns

Cobalt is usually mined only as a byproduct of mining operations for other metals, such as copper and nickel. So even if cobalt prices go up, supply could remain constrained if the prices of nickel and copper languish. Making things even more complicated, 55% the world’s cobalt is mined in the Democratic Republic of Congo (DRC). In March, the DRC made things harder for cobalt miners, declaring cobalt a “strategic metal” and hiking royalties to 10%, up from 2% before.
Wheatons Cobalt comes from Canadas, VALES Voisey Bay nickel mines a safe jurisdiction .

Maya 0:11

Posted by goldielocks @ 23:40 on July 3, 2018  

How many socialist really understand what that means. Then you have these indiscriminate open border people giving no realistic thought to what that means.
Many were in a recent descendant to one say their grandfather. Thus they feel the need to be self righteous turning into a extremist in open borders. Because their grandfather was okay which none appears to come for welfare, warfare or occupation so must everyone else. They appear to have a inability to discriminate between the difference or just how many is enough in a generational situation. Many of those jobs they took then are no longer here.
They fail to see the growing number of homelessness in cities, especially cities where politicians and judges promote open borders. In short they can’t even take care of their own and want to negativity complicate people’s lives even more by bringing in people who will drain already deficient social resources, increasing crime, and narrowing job opportunities while increasing cost of living including housing and education.
Train crash, them going full circle turning their paradise into a desperate place their ancestors left.

Maddog @ 15:32

Posted by Mr.Copper @ 16:45 on July 3, 2018  

Yes, good thinking. Big caps are where the mutual funds invest.

Have a Great 4th of July Everyone!

Posted by ipso facto @ 15:48 on July 3, 2018  


Posted by Maddog @ 15:34 on July 3, 2018  

So that is why Nem crapped out..

Probably wise, no follow through is a Cardinal scum rule .

Mr Copper

Posted by Maddog @ 15:32 on July 3, 2018  

Nem has huge weighting in all the indeces, so capping it takes the shine off any rally elsewhere in PM shares…and the institutions always pile into it first..so any strength is a sign big money is moving in.

That is why I watch it and I am long of it.

FYI Like Bigger Caps? Take a look at RGLD $6 bil/cap 23 employees

Posted by Mr.Copper @ 13:29 on July 3, 2018  

PAAS another still near 2016 highs. Held up well thru Trump effect. Here’s more, FNV FCX VALE SAND FSM SME etf.

Its either you focus on the strongest ones, or the ones that are totally cheap, beat up bad. Assuming we have a new leg up on gold and leg down on the fake dollar.

Re Is There Anything Left For Them To Smash and Bash??

Posted by Mr.Copper @ 13:24 on July 3, 2018  

PMs have been getting smashed and bashed for 2 years now, since summer 2016, when Trump started talking on TV. That rhetoric distorted everything. The dollar still too high for a US manufacturing and export recovery.

If anything, the stock and real estate market might dive together, cause a US economy slowdown, and the banker bozos will have to stimulate again. Lower rates or lower dollar.


Posted by Buygold @ 13:06 on July 3, 2018  

Yep, I did a little selling today, not much but just in case they decide to smash Thurs. and Friday

Jobs report Friday is always tenuous at best.

NEMONT MINING, $20 Billion Market Cap, 12,547 Employees

Posted by Mr.Copper @ 12:57 on July 3, 2018  

To me? NEM was always like a big mutual fund. A slow moving barge. Watch ice melt and grass grow..

Unreal ..Nem is going Unch any minute after being up over 2.5 % and Gold is still near 1 % up….

Posted by Maddog @ 12:29 on July 3, 2018  

scum power …saying don’t even think about being long PM’s, we will crush them, whenever we feel like it.

scum crushing Nem off 2 % from tdys Hi…nothing changes…grrrrrrr.

Posted by Maddog @ 12:15 on July 3, 2018  


Posted by Maddog @ 11:45 on July 3, 2018  

Miles to go before we sleep.

Very prophetic…just watched the scum clip Nem for over 1 %, while Gold barely budged!!!!!!


Posted by Buygold @ 11:33 on July 3, 2018  

Yes a nice little reprieve today. Would like to see silver start to vault but gold looks pretty good for a change.

Volume is pretty heavy in the shares for an early close holiday.

Miles to go before we sleep.

Internet goes crazy about China’s new laser gun, but is it real?

Posted by ipso facto @ 10:59 on July 3, 2018  

Stories about a powerful new Chinese laser assault rifle are spreading like wildfire via Twitter, following a report on the weapon’s purported capabilities. The claims made by scientists to The South China Morning Post this week were so impressive, in fact, that some say they are literally unbelievable.


Gold hits 1 %…now what ???

Posted by Maddog @ 10:58 on July 3, 2018  

Stewart Thompson

Posted by ipso facto @ 10:31 on July 3, 2018  

Gold In July: The Time To Buy


Let the Healing Begin!

Posted by ipso facto @ 10:07 on July 3, 2018  

Wow !!!!

Posted by Maddog @ 9:54 on July 3, 2018  

Hope this is more than just a Tuesday, counter trend rally.

Nem on a charge + 2.5 %….then again 5 to 8 % is a proper charge…

Drink On … it’s Ok

Posted by ipso facto @ 9:38 on July 3, 2018  

Fresh grounds for coffee: Study shows it may boost longevity


America is such a racist nation! when will they stop persecuting blacks?

Posted by Richard640 @ 8:46 on July 3, 2018  

How Jesse Jackson Jr. collects $138,400 a year from the federal government—[ANOTHER POVERTY PIMP WORKING HARD IN CONGRESS TO HELP HIS COMMUNITY]

Records from former U.S. Rep. Jesse Jackson Jr.‘s divorce case show how he has been able to collect hefty benefit checks from the federal government after serving time in prison for looting hundreds of thousands of dollars from his campaign fund.

Jackson, 51, receives about $138,400 a year — more than he made as a freshman congressman in 1995. Most of that — about $100,000 — is workers’ compensation for “bi-polar disorder” and tax-free, according to Chicago attorney Barry Schatz, who is representing Jackson in his divorce proceeding.

The rest of Jackson’s benefits are Social Security Disability Insurance payments, some of which may be taxable, Schatz said.

Interesting feedbacks on what worked for skin issues.

Posted by goldielocks @ 1:47 on July 3, 2018  

All and all they were recognized as a danger or possible danger and eliminated.
Skin cancer can occur anywhere on the body even under the nails. The aggressive melanoma can be the sneaky most dangerous on occurring anywhere in places you might not look and not even be dark but red even whitish.
I remember a doctor telling me while during surgery on a woman found one on her buttocks, removed it sent it to lab it was melanoma. Unfortunately it had already spread internally and she died.

“Democratic Socialists”

Posted by Maya @ 0:11 on July 3, 2018  



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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.