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NRGD
CLOSE $3.51
ASK $3.70
Small gap above ~92.50.
If it breaks 88.41 it will be a lower low.
https://schrts.co/XIYrnnzM
I do not condone an Iran deal!!!
Bounced off $90.20
Some called for $100 $110 and $120. The higher the better when I drop the NRGD bomb.
If I have to I will settle for the $90 to $65 move, or 18%. Within 6 months 36% annualized. Turbo with 3X NRGD. 108% annualized.
When/if crude hits $110. You are ALL IN.
Outstanding Shares
23,997,875
02/16/2022
https://app.quotemedia.com/data/downloadFiling?webmasterId=96484&ref=116224702&type=PDF&symbol=FTCO&companyName=Fortitude+Gold+Corp+Com&formType=8-K&formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2021-11-02&CK=1828377
$.04/mo./shr to wait.
I know full year earnings will be ~$.84+
10X = ~$8.5
This team doesn't waste time getting the gold!
GOLD has a mind of its own beyond Putin. The world will not stand for $100 CRUDE for long.
You mentioned DEMAND. I think it is about OPEC and opening the spigot.
Now OPEC has an excuse for high CRUDE pricing.
And the expense ratio.
Always know that there is a root cause to the things in the News.
Well since both were above the BB I sold short oil, didn't sell any gold as the pattern from 2020 is in play and you had Friday News, most jrs are at their lows, So accumulation is still my main focus off the November run.
Side Note: I really dislike ETF's, too easy for the Gov. to manipulate the markets.
https://schrts.co/gpqDqrQz
Thanks!!!!
I was referring to The Putin Bubble.
Personally I'm always invested in Jr Miners with no debt, producing, and paying a dividend. I stack on large dips, when gold gets above the BB, I take a little cash and look for a deal. I may also day trade small sizes at the lows to help accumulate.
(Looked like the last round of consolidation in the space was(Jr.) those that were out of funding) I expect more these next few Q's.
I watch what this is doing
https://investorshub.advfn.com/Prudhoe-Bay-Royalty-BPT-453
When I see weakness, I short in small size on a number of ETF's or HP(drillers). Sometimes I bring the Sledge hammer to the party when they get out of hand. Shorting(my rule is no more than 5% of account cash), this keeps you from having to trade to meet margin if something goes against you.
Product pipeline issues. Travel issues. Employee issues.
No brainer to get American out as a precaution.
Looks like it may go either way. I am sticking with my 3 week scenerio.
In a nutshell, how would you play GOLD CRUDE right now?
Same playbook as in 2014!
State Department spokesperson Ned Price is expected to hold a briefing at 2:30 p.m. ET on Tuesday after issuing travel advisories urging all Americans in Belarus and Transnistria — a breakaway region from Moldova — to leave immediately. Russia’s Ministry of Defense said Tuesday some troops were being withdrawn from Ukraine’s border after concluding military exercises, but NATO said it had not seen any signs of deescalation on the ground.
We are right on the fence!!!!
Those looking at GOLD and CRUDE right now don't know what to make of it!!
Maybe sidelines until we get a clear picture of a truce or invasion?
I have never shorted a stock. Just buy inverse ETF.
I don't start planting until everyone files their taxes!
No debt is part of stock picking!
I could short $WTIC and buy 10X SCO.
https://schrts.co/gZbdIbbP
If you don't keep it in the BB lanes, you get a ticket!
That's an 11X short!!!
The interest rate cycle will not help stocks. Some companies have so much firepower that they can buck the trend.
Crude oil prices = OPEC.
Easy to control. Right now Saudi Arabia is having the time of their lives. I say $110 max and then short the s**t out of it.
A lot of meat left on the bone GOLD. Just starting to move as opposed to CRUDE which has already made huge moves and is getting close to the top $110 IMO.
Monday I am jumping on a 3X GOLD with both fists.
Both Gold and Crude will be over their upper BB, put money in pocket above BB. Buy any weakness under as long as the condition continues. Gold was already ready to Break out of it's chart pattern from 2020, so it will keep going regardless. Look at Gold 100 year chart! Wave 3!!!
https://schrts.co/QCjnVkpw
$WTIC is still in overbought condition.
https://schrts.co/eiJDaawC
If you are playing gold ETF's GLD, GDX(this seems to move more when $Silver does), GDXJ, HUI, NUGT, JNUG; Shrt(DUST, JDST(Still have a price target of $0 on this )
If you are stacking this gives you options if you are playing with big money.
https://investorshub.advfn.com/Sprott-Physical-Gold-Trust-PHYS-18633
Best JR Gold play is FTCO 7% monthly divi. Upside in share price with expansion potential of 4 additional mines and confirmation of resources on 10 mile trend. Stock has been trading less than a year and has not hit the ETF's or a major exchange yet.
Can't go wrong with Barrick or Wheaton either.
Ukraine
I have a plan. I am looking for help on how I might tighten this approach up.
CRUDE now and GOLD this week are going ballistic. I want to play the bubble LONG = GOLD (little left on the bone in CRUDE $90.00 to $110.00).
AND, when Putin capitulates(within three weeks), I want to play the ballon burst with ETN or ETF INVERSE CRUDE and GOLD funds.
CRUDE $110 to $65.00
GOLD $2,100 to $1,800
Looks like they have been trying to blow it up for the last month!
First target is the 18dma.
https://schrts.co/XRfrMcjD
Symbol ETF Name Natural Resource Total Assets ($MM) YTD
Avg Volume Previous Closing Price 1-Day Change Overall Rating
USO United States Oil Fund LP Energy $2,573.47 17.66% 6,231,388 $63.96 -0.33%
UCO ProShares Ultra Bloomberg Crude Oil Energy $1,232.83 35.42% 702,819 $117.52 -0.73%
DBO Invesco DB Oil Fund Energy $481.90 14.46% 1,715,897 $15.51 -0.39%
SCO ProShares UltraShort Bloomberg Crude Oil Energy $157.23 -27.92% 2,686,069 $9.19 0.66%
USL United States 12 Month Oil Fund LP Energy $147.89 16.15% 63,072 $32.44 -0.37%
OIL iPath Pure Beta Crude Oil ETN Energy $114.24 17.25% 58,625 $27.53 -0.07%
OILK ProShares K-1 Free Crude Oil Strategy ETF Energy $85.62 16.59% 52,014 $47.27 -0.32%
OILU MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Energy $11.18 73.47% 26,328 $36.03 -3.71%
OILD MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Energy $2.06 -49.97% 2,561 $13.16 1.15%
Symbol ETF Name Natural Resource Total Assets ($MM) YTD
Avg Volume Previous Closing Price 1-Day Change Overall Rating
USO United States Oil Fund LP Energy $2,573.47 17.66% 6,231,388 $63.96 -0.33%
UCO ProShares Ultra Bloomberg Crude Oil Energy $1,232.83 35.42% 702,819 $117.52 -0.73%
DBO Invesco DB Oil Fund Energy $481.90 14.46% 1,715,897 $15.51 -0.39%
SCO ProShares UltraShort Bloomberg Crude Oil Energy $157.23 -27.92% 2,686,069 $9.19 0.66%
USL United States 12 Month Oil Fund LP Energy $147.89 16.15% 63,072 $32.44 -0.37%
OIL iPath Pure Beta Crude Oil ETN Energy $114.24 17.25% 58,625 $27.53 -0.07%
OILK ProShares K-1 Free Crude Oil Strategy ETF Energy $85.62 16.59% 52,014 $47.27 -0.32%
OILU MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN Energy $11.18 73.47% 26,328 $36.03 -3.71%
OILD MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Energy $2.06 -49.97% 2,561 $13.16 1.15%
I am demanding no lumber at 5x the normal price!
Forgot about DEMAND, DEMAND, DEMAND.
Should start warming up soon! Remember we just throw this gas away at lower prices.
$VIX
https://schrts.co/pDugzRvX
If lumber prices don't come back down to $2/bd.ft.
Homebuilders will struggle. If the Fed raises rates, stick a fork in them.
Ahhh, Cringe. But in my defense it did go from ~$75 to ~$25 after that post. Funny how all them gold profits in Aug. went and found their way to long oil in Nov.
I remember when gas prices were this high last time. Was not very long until everything imploded afterwards. So keep an eye on the property markets, that should be working its way through.
I have an inkling to crush Natural Gas prices.
Can't think of a better way to screw Vlad and have a Merry Christmas at the same time.
It be Fork tender bro!
No more than 20% in up here in the nose bleeds!
WTI Crude Oil
The West Texas Intermediate Crude Oil market has broken higher again during the course of the week to reach towards the $74 level. That being said, the market is likely to see plenty of buyers on dips, with the $67.50 level being my projected “floor the market” currently as it is the top of the ascending triangle. Furthermore, the $70 level of course is an area that would attract a certain amount of attention as well.https://www.fxempire.com/forecasts/article/crude-oil-weekly-price-forecast-crude-oil-markets-continue-to-shoot-higher-746309
$VBHI$XFLS$EEENF
Never get out of the boat...
Safe to get back into the NRGU water.
If there's any doubt that sectors sometimes trade in unison, there's your proof! All these quality oil companies have the exact same chart. No surprise, though.
Holding tight NRGU.
Are you positioned for wave 2!
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