Agree, not 10 baggers but they could do maybe a 50% run. They are not near their 52 week highs. I’m not seeing a lot of risk, and they look like they are ready to run. I’m about to find out.
Buygold @ 17:30
Those are real solid companies and divvys too! They won’t go up 10 times but you won’t be turning your dollars into nickels like I have done too many times!
Glen Beck at his best, revealing how WEF set up the last 3 years, and how they already have our future laid out. Beautiful presentation!
The world is Klaus Schwab’s bowling ball and you are the Pawns…er pins… if you don’t wake up PDQ!
I still think money gets attracted to real goods at some point in the near future if nothing else as a hedge against inflation caused by the falling dollar.
Totally agree with the above….and that bit about the amount of copper required etc…the Adens are long Copper and like it’s recent action…saying if it can get above 4.30 then it is v strong.
Ipso – thanks for that
maybe there’s something to what Kenya’s President said. Maybe stuff unravels overnight instead of a long drawn out decline.
Given that we (speaking for myself) think the USD has started a new downtrend, emerging market stocks should outperform, if nothing else on the exchange rate.
Using a tool from TD, I’ve found some juicy looking companies overseas. Few examples, and there are more
Anglo-American – 8.55 PE, 6.29% dividend
Glencore – 4.28 PE, 10% dividend
Norsk Hydro – 5 PE, 9.41% dividend
Vale – 4.26 PE, 7.13% dividend
Not sure I want to be in Brazil with Vale, but the others look OK to me, maybe Anglo is iffy because of Africa. The charts look good to me, like they are just turning higher. All were up today. All large caps, I just don’t have the resources anymore to gamble on some of these juniors so I’m going to pick some of these shares up. If the dollar collapses, they’ll go to infinity!! 🙂
Key Asian bloc looking to dump dollar and euro – media
The Association of Southeast Asian Nations (ASEAN) is set to discuss dropping the US dollar, euro, yen and pound sterling from transactions and moving to settlements in local currencies, according to the news magazine Tempo.
An official meeting of ASEAN finance ministers and central bank governors kicked off on Tuesday in Indonesia. A regional grouping that aims to promote economic and security cooperation among its members, ASEAN includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
maddog – agree
We won’t get anywhere near net zero. The point there was that 700M tons of copper has been mined in the whole of history and it would require 1.4 Billion to accomplish it. So even if they got it to the 30% mark it would still be a helluva lot of copper, and then a slew of rare earths which we don’t mine in the U.S.
I still think money gets attracted to real goods at some point in the near future if nothing else as a hedge against inflation caused by the falling dollar.
Buygold
Re Rio etc
What worries me a little about them is why the mkt is pricing them so badly, is the mkt saying Net Zero will be abandoned..it may be ..as it is actually impossible ….as to achieve it u basically have to go all electric and to do that even if u can generate enough..we can’t in the time…u have to rewire the entire country, which includes every house and building as the existing grids just can’t shift enough, without literally melting the Grid……and no country has even started on it , or even costed it…..or got the money to pay for it.
EG I was told by a mate in the building biz, that at a new housing development, they wanted to wire it up for EV’s , so they asked the supplier how much..to which they replied…u don’t want to know, as to do it we will have to rewire back to a major substation, miles away and u will have to pay for it….
Another mate who ran major building projects, he built the London Shard, said very much the same thing….the whole country needs rewiring.
Then there is this news….the EU has agreed to let E Fuels be used after 2050.
Germany wins exemption over EU laws to ban CO2-emitting cars
The guru speaketh
I’m thinking another day like this tomorrow and then launch on Friday after the PCE.
Place your bets.
The more I think about it, most of the stocks in the indexes have been 10 baggers in the last 20 years, some more. Even non-tech, LuLu Lemon is $360 fer Pete’s sake.
Mining has been one of the only sectors that has not participated in the liquidity (inflation) trade since 2009. We have stocks that are lower now than they were in 2002 in pm’s. Even the blue chip miners like RIO and BHP haven’t seen the big run up.
Maybe things are about to change as demand for natural resources explodes and real commodities act as anchors for currencies. Maybe now is the time that some of the old school industries like mining becomes in high demand.
treefrog – quietly tucked away in the news
“France completes first LNG transaction with China in YUAN.”
I suspect our USD that has given us such prestige and wealth around the world, but also has reaped destruction in the form of endless wars, sanctions that starve the innocents, and banks that stealth the wealth and resources of sovereign nations, is about to turn its’ fangs on its creators.
Goldie, you said it. The government is no different than the mafia, just bigger. What’s changed in this country is that the gov’t. only now exists to feed itself and career gov’t workers will lie, cheat, steal and kill to keep feeding at the trough. They have no regard for non-gov’t citizens whatsoever, its mission is to grow itself until there’s no more left to take. The snake eating its proverbial tail.
the dullar
if the dollar fails, it may take many other currencies down with it. many national central banks hold massive amounts of dollars. in many cases, dollars are their principal reserves. if the buck takes a flop, the buck will probably not stop there. we live in interesting times.
ipso
Yeah but I don’t like fighting. I think it’s stupid. Like they have low self esteem and touchy ego or like these politicians who try to silence others so they won’t know what it’s already oblivious what they did or they’re up to.
It’s not just inner city’s anymore but California, DC and NY is leading the way to our downfall.
Mean while people are just standing around like deer in the headlights. Like it’s just gonna go away by itself.
Now we have Pizza Gate in real time. This is organized crime.
Can feel that boot
Garbage … https://t.co/q4dvWQVj68
— Willem Middelkoop (@wmiddelkoop) March 29, 2023
goldielocks @ 12:33
Good thing you’re a fighter! Glad I don’t live in an inner city. Things are just going to get worse as the gov will no longer be able to afford the welfare system. Maybe SS as well.
Ipso 9:07
I guess if we have people who can’t answer simple questions even when the answers given to them or we have two moons it answers the question why they think men can have babies.
They want to destroy this country.First dumbing them down and now this.
Now in California they’re drawing up a kidnapping bill that would allow schools to call to take their children if they want to transgender and the parents won’t support it and give them drugs is where it’s going.
People better wake up. It’s them coming for the kids not the other way around.
The only ones pretty much there victimizing is children with this trans propaganda.
They’ll just try to blame it on the victims like these dirt bags are doing to these three adults and kids showing no remorse. Where’s the LGB.. out condemning this heinous murderous act?
Psychos pesos bullies will see what can get away with that what they do.
They have no business in our schools period.
People need to wake up. This is war they started not ie not cowering down down.
Who is the victims and in fear. Fear of speaking up, and now fear for their children’s lives.
The Christian school was trying to keep them away from mental illness and evil. It came to them.
Where’s Biden condemning this? Instead turns it political anti 2 nd.
That’s not even going to keep them safe. There’s other guns and other weapons. One after another no one has done anything to make these schools safer.
Taking isn’t going to do any good.
Years ago when I was 20 finishing nursing school while walking home from a near by friends I was jumped by 5 guys in a attempted rape. A little back ground, grew up around military survivalist and special forces.
In short two ran off the other three laid unconscious on the ground.
It got around unbelievably fast. People were coming from all over and some I didn’t know, big scary looking dudes with knives saying they were gonna F them up,
Well I told them I’m okay just a fight they lost. Satire it could only happen to me. I did have a lot of bruises that to be expected including legs from blocking kicks I had to cover because it upset people,
I told them all I could take care of myself. That’s when I learned about these types. I was wrong not to let them cuz i didn’t want to see anyone go to jail not thinking many of them were smarter than that. They may have been afraid to bother me again because of death threats but a while after that they struck again and broke into a woman’s home beating her up and her 4 yr old son trying to protect his mother and both were hospitalized.
I felt terrible mixed between having the opportunity to kill them or let these bad ass guys that scared me more than they did if I didn’t know them probably friend of ones I did have them even when I was told it wasn’t my fault it was there’s. That time they got them. Amazingly the instigator didn’t die but he was castrated so probably worse than death to him,
How many victims will it take, Previous victims are already coming out now?
They won’t stop until their stopped. People don’t need to put up with their BS.
Buygold
Perpetua looking good. They used to be called something else?
Lots of undervalued miners out there IMO. Prospective looking charts.
Used to be Midas Gold.
Has some gov support
PERPETUA RESOURCES AWARDED DEPARTMENT OF DEFENSE FUNDING TO STUDY ANTIMONY FROM STIBNITE GOLD PROJECT
Ipso – looking at another one that I should have bought yesterday when I was thinking about it.
Perpetua Resources- PPTA
Only 62 million shares outstanding.
Trending
🚨China and France complete first Yuan-settled LNG trade, signaling the end of using the US Dollar for these energy trades. pic.twitter.com/nP8GmHqeGC
— Wall Street Silver (@WallStreetSilv) March 29, 2023
Ron Paul on the US presence in Syria
The end of the US occupation of the Middle East is upon us and the sooner we realize that the better. We have no business meddling in their politics, occupying their territory, and stealing their resources. Americans joined the US Military to defend the United States against all enemies, foreign and domestic, yet they have been manipulated by corrupt DC officials into occupying foreign lands and stealing their oil. Maybe this is why the US military cannot meet its recruitment goals?
Here’s an easy way to protect US forces in Syria from further “Iran-allied” attacks: Bring them home. Tomorrow. Do not wait another day!
https://www.zerohedge.com/geopolitical/ron-paul-heres-best-way-protect-us-troops-syria
goldielocks @ 2:16
Doesn’t say much for our society does it! It reminded me of that Monty Python skit where a guy was asked: What’s your favorite color? Couldn’t answer in time and off he went.