How can i invest betting on copper?
Do you like Taseko?
Mr.Copper
Gold Train
The silver Zephyr
https://railpictures.net/photo/841120/
Maddog
Are we in the wrong sector?
Nah I think we’ll be OK …
ipso facto
The SM has a v nice bull flag, that sets it up to explode higher.
Buygold
“The Fed is going to cut IMHO. They need the SM to stay inflated at all costs.”
I think so too … not to mention the interest on the existing debt!
Buygold
Looks like u were right our buyers are back….the way they took out the after numbers smash, was the first clue…now we have tehm still buying into the close….which might mean ETF covering, as they tend to work in the last 20 mins…..
Or the Chinese are back from Holidays……
Nice to see us actually rally into the close
I do wonder when the demand problem is going to hit earnings.
Deer79, Ipso
I find it interesting that all markets are rallying on a weekly jobs report. It was a big jump in new claims for a weekly, but that thing has been reported artificially low since Biden has been in office.
The economy is not just slowing, it’s falling off a cliff. ZH reported yesterday something like 40+% of restaurants can’t make their rent payments. Used car prices are cratering. I think that CPI will come in lower. The other thing I’ve noticed is that in the supermarket if things are overpriced, people just won’t buy them. Housing has completely crashed. Energy isn’t really a problem amazingly. The problem is demand and debt.
The Fed is going to cut IMHO. They need the SM to stay inflated at all costs.
deer79
Seems to me that there’s a lot of preliminary info that indicates we are going into an economic slowdown … provided the idiots don’t blow up the world!
JMO It’s gonna be a doozy!
Ipso
Out of all the stocks that you mentioned, that have reported earnings, the only one that is down today is EQX…..FWIW….
The shorts may be emboldened here because according to ZH (In full disclosure, I do look at that site quite a bit, but try not to rely on their authenticity of stories too much), there’s a chance that the CPI report out next week, could see a healthy drop because of the OER component (Owners equivalent rent) coming in much lower……
Hope I didn’t speak too soon
Silver shares way outperforming but HUI is lackluster.
FFS
Would be nice to see the higher metals prices have some impact
Kinross $KGC $K.to is the only Q1 beat i've seen in filings today.
Hecla $HL Miss$SSRM Miss + joke impairment (1st of many)
Equinox $EQX Miss
Pan American $PAAS Miss
Fortuna $FSM In line
Wesdome $WDO.to In line
Dundee $DPM.to Slight missAll IMO. See any good ones out there?
— Mark (@Mark_IKN) May 9, 2024
High interest rates and the commercial real estate crash are killin em …
Watch: Billionaire Real Estate Investor Expects ‘One Or Two’ Bank Failures A Week, UK Economist Says “Entering A New Dark Age”
Mr.Copper 11:05
I hear you.
Haven’t been to a doctor in 9 years. Except a basic physical at a walk-in required for being hired in 2017.
And I’m not exactly a young man.
Usually start catching something because i’ve been eating too much of the wrong things. TRY to eat very little, except some healthy food, water, peppermint tea, fruit, etc.
I actually went 6 years without geting sick. A record. Then got something a couple of times in last 2 or 3 of years
Mr Copper
You must have a really good immune system.
Granddaughter went back to school today. I’ll see how that goes. That hundred day coughs on my mind now. Friends gonna call sometime today see how shes doing.
Shares hanging tough
even as they chip away at the metals and the SM.
Hopefully that continues throughout the day and into the next days and months. Nothing cheaper than these shares in the market right now.
@goldielocks re your 13:01 on May 8, There’s a virus going around
Thanks for the heads up. When ever I start catching something, I lay down on the couch, find stuff on tv, and stay there for a few days, and its gone. I never took vitamins, to me just another consumer product, and you really don’t know whats in them. So I don’t trust them. I also avoid doctors.
Buygold 8:27
Lol Well just remember steroids also lower the immune system. That’s why the front line doctors during Covid stressed not to use steroids during the beginning stage and to fight off the virus. If too much reproduction of the virus by the billions that what brought on the inflammation stage from all that usually by then dead spike proteins floating around. The immune system can be very powerful. I’ve seen pictures of cytokenes plowing right through a esophagus during a cytokene storm. Steroids in the inflammation stage then is used to calm the storm but not before.
This virus maddog is speaking of isn’t the same as allergies. During high pollen yes you could be miserable but if you know it’s coming you can prepare. Using it during the virus may inhibit and delay getting rid of it if you inhibit the immune system or make it worse. Inhalers have them too and usually antibiotics given with them but does no good if it’s viral. This virus anyways is worse than seasonal allergies. In my case I was stuck for months in heavy smoke from the fires. Smoke that looked like heavy fog where you couldn’t even see across the street. One fire after another. I somehow wound up with a sinus infection.
With this one going around with non stop cough I saw in granddaughter that went on day and night she was exhausted and already in pain from the coughing and keeping her out of school she couldn’t wait for weeks. She was still weak yesterday but I got her and the family pasta and finally ate something and the symptoms residing. She actually asked me if she could have more than a couple pills of the homeopath thinking it would last longer. Kids that age can be fussy especially when sick. It took awhile to get her to take the homeopath and she didn’t want this or that like soup nothing so settled for Gatorade for blood sugar and salt to prevent water toxicity. Then started eating slowly her dad said but grabbing things like ice cream. I’m sure Maddog could tell you, you wouldn’t want it.
It’s a big club … and I guess we won’t be in it.
JUST IN: 🇻🇳 Vietnam to apply to join BRICS in 2024. pic.twitter.com/CF7zS0yMnP
— BRICS News (@BRICSinfo) May 7, 2024
So, we try again
after a nice jump in premarket that was squashed, we are trying once again to regain the momentum.
Can see the scumprints all over the metals this morning, hopefully we don’t get the usual.
What is interesting is why the nice jump in the first place? Is our buyer returning?
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