I agree on psx. Some employees are buying also.
Platinum
I bought some phiz platinum today. I thought it had sold off enough given the insane monetary policy of the government, not to mention COVID and the border.
Speaking of COVID, I had that little speed bump in my life again this week. I brought it back with me from Belize in December, 2019. I am just now getting over the second time. Neither time was serious but this time I used Ivermectin and waited for secondary problems caused by COVID damage to the immune system. Sinus infection and sore throat were the only complications. I do a little Ivermectin every Monday now for maintenance. I steadfastly refuse the toxic vaccines.
My son’s father in law is in the hospital with serious respiratory problems and probably will not make it. Once in the medical system,Ivermectin is not allowed because it is not “approved”. Those vaccines are also not approved.
Stay the course. We all knew years ago the “event” was coming. The scum sold off PM with unprecedented money printing and indebtedness. Inflation is roaring and not recognized by the idiots in office. The green new deal is about to become law.
Captain Hook
Very good run down and will keep that in mind.
At this point in my life I’m more concerned on the future and what’s in that bill other than printing into infinity from these lunatics.
goldielocks @ 20:28
Yes this is why it is imperative for them to keep PMs down so they can print unabated.
This is why they are shorting silver on the bounce off Monday’s lows.
They know the baseline comparison of the Employment Report will be very good again this month set against the collapse last year. Between that and Jackson Hole jawboning at month’s end, expect $22 electronic silver to be tested and possibly breached.
I expect the attempt to put silver back in its bottle below $20 to fail however because their policies are sure to bring stagflation (because the money printing will not trickle down to everybody – mostly their friends / dupes), which just like in 2000, should unleash PMs after tax loss selling / liquidity related selling this fall is exhausted. (and faulty statistical comparisons are no longer possible)
Until then, be careful.
2021 is a Fibonacci 21-years from the 2000 lows. 21 is the most important number in terms of time intervals in PMs. ex the beginning of 1980 to 2001 (when PM stocks went berserk). This is highly suggestive we are on the cusp of a major turn higher since inflation adjusted prices are at year 2000 lows.
You won’t read that anywhere else on the net.
Cheers
Captain Hook
The commies are printing like there is no tomorrow (to fund their takeover).
Scary though but can’t say it better. That’s exactly what they’re doing.
Mr Copper
Just checked Well KL WAS forming RHS but sill in a channel it didn’t tank like the others.
Mr Copper
I never looked a PM stocks with divis as they are never the norm. There are some gold stocks that have been holding up pretty well with this last drop though.
Like KNTNF, KL which was forming a RHS , and a couple more I ran across.
I think I focuses on those that paid good divi’s like at one time oil related stocks before 08 and others with good divi’s.
Anyone really good at the constitution?
Cuz I have a question. If both the President and the Gov had the power, although I don’t know if a Mayor like that creep in NY shutting it down haas the constitution all power, to shut down travel shut down the economy under the constitution… WHY can’t the Governor of Texas shut down the invasion at border since there pushing this Covid again and turn the tables. Shut down the border.
Divies
Let me throw PSX in the mix. 4.85% with lots of upside. Yea I own it too.
@goldilocks re get in early and catch the wind of those buying the div.
Hi, I look at lots of charts, it really doesn’t matter, they all go up or all go down depending on news, or prices of underlying commodity prices and numerous other reasons. So a stock can be in an up trend or down trend without any regard to the div. But often its only the next day or two down that you often see a drop equal to the exact amount of money paid out.
Think about all the miners with Divs that are on lows lately. Its almost like a no brainer. If Gold goes up they all go up and you locked in extra shares on the lows. DRD, SBSW, SCCO, IMPUY, CMCL, BTG, AUY, AEM, some Steel Divs: LIFZF, FSUGY, VALE, SID, TX, etc. I generally prefer buying good performers and if it has a p/e and a div, that’s even better.
Mr Copper
I watched patterns of divi’s before but never traded it. It would seem better depending on the stock to get in early and catch the wind of those buying the divi and sell into it before the ex date and make more money than you would holding for the ex date they sell into where you might lose more than you gained with the dividends. Just my observation.
Long Island Man Dodging Eviction For 20-Plus Years Uses Virus To Delay Court Hearing
“What a country” that Mexican comedian used to say. He was right. Its no wonder they all want to immigrate here. LOL
part:
It is unclear when Hanspal allegedly contracted the virus, or what hardships he was forced to endure as a result. COVID-19 Hardship Declaration forms allow for renters impacted by the pandemic to claim financial issues without having to provide proof, delaying potential evictions for months.
THE MAN ONLY MADE ONE MORTGAGE REPAYMENT
byu/Anarchist23 inCOMPLETEANARCHY
FYI, Exxon Mobil Ex Div Date Tomorrow Annual Div 6%
Have to buy today to get it, but the stocks usually drop the next day after. Sop you have to hold it. But who knows what the Oil price will do??? Headwind or tailwind?
Buygold @ 9:53
I was including the RINOS in the ‘commie’ category.
They sure as hell ain’t liberal, or even socialists.
They are authoritarian commies who will do or say anything to maintain their largess.
Just watch Animal Farm – tells the whole story.
Cheers
Captain-yep
The commies and their RINO cohorts are absolutely nuts.
Silver is the weak sister today and the crooks are chipping away. 15 minutes of rally is all we get anymore and that’s on a good day.
I agree with you on the stagflation comment, I can feel our business starting to slow.
Silver just about done for the day.
Glad of that!
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Buygold @ 8:10
Ya it looks like the bankers intend to send silver back below $20 again as they are shorting it at these prices.
Good luck with that.
Skyrocketing prices into next year due to supply problems (that they have created with serial hoaxes) will nix that.
Stagflation out the kazoo next year stock market crash or not.
Significant weakness in stocks is not expected until the second half of next year and will be associated with bonds breaking down as a result of inflation.
The commies are printing like there is no tomorrow (to fund their takeover).
And they will not stop because they are nuts.
Cheers