Congrats to those who caught this pop. Very nice day here.

I started to sell pre but decided to wait …and got stopped out. Now I remember why I stopped trading this thing.

Prolly a bad idea, but I’m n @ 16.12 ah -

This thing has not been healthy in a while. I lost money on it last year, not sure why I’m even looking at it again. It took another major hit when they lowered guidance in January. The chart looks interesting, but charts don’t run on smoke and mirrors, they need material events to cause them to change directions. Watching - 4God

Haven’t played this in awhile, natty is getting its clock cleaned! The lowest it’s been since 2016 and 2020. There has to be a play here soon. Jmho

I seem to have lost the handle on the metals markets. They keep zigging when I think they are gonna zag. Made a few pennies on silver plays last week, but sold too soon. (maybe) 4God

Go baby go

Kinross Gold Corporation has been performing well, with its shares rising by 16% and outperforming the S&P 500 and gold mining sector indices.
The company reported strong Q3 financial results, including increased production, cost efficiency, and strong cash flow.
Kinross Gold's strategic expansion at the Round Mountain mine is a solid investment, with impressive financials and potential for prolonged operations.
(Rcvd via email)

Wheaton Precious Metals Corp. released its Q3 earnings, reporting $223 million in revenue, $171 million in operating cash flow, and $116 million in net earnings.

The company has a strong cash balance of $834 million and no debt, with an additional $2 billion available under its revolving credit facility.

Wheaton recently made several acquisitions, including streams from Ivanhoe Mines' Platreef Project, BMC Minerals' Kudz Ze Kayah Project, and a gold stream from Dalradian Gold's Curraghinalt Project, adding complexity and potential risks to its production.

(Recv’d via email)

A little nostalgia:

Click ‘RE:’’ to see the very first post made on this board back when I created it on January 21st, 2005.

18 years ago.
Wow! How times have changed.

4God

https://www.apmex.com/product/210655/10-oz-cast-poured-silver-bar-apmex

Tough year for goldbugs

Recent news has stopped the bleeding. Expect Q3 numbers to lift the ppps here.

Two things that put a smile on a goldbugs face.
1. Talk of a gold reset to help central bank balance sheets is no longer raising eyebrows.
2. Central banks are buying gold.

Yup - About time to get interested in the next wave up.

Been playing other things, but keeping an eye on this. Good to see someone is making money here. I plan on coming back to this in the fall.

This thing got taken to the chopping block, but HC Wainwright may have pulled its bacon out of the fire.

U.S. will be forced into a CBDC to keep USD's reserve currency status
Rich Checkan
Anna Golubova
Michelle Makori

https://www.kitco.com/news/2023-07-13/U-S-will-be-forced-into-a-CBDC-to-keep-USD-s-reserve-currency-status-Rich-Checkan.html

LOL / so true!

How You Store It, Part 1: Gold In Hand
Because if you can't hold it ...
JOHN RUBINO
https://rubino.substack.com/p/how-you-store-it-part-1-gold-in-hand

Good article and good explanation of decay.

Prices for U.S. wheat, soybeans and corn all surged Thursday on the Chicago Board of Trade, as forecasts for continued dry weather in key areas of the Midwest crop belt raised concerns about yield prospects.

The latest weekly data from the U.S. Department of Agriculture estimated 57% of the domestic corn crop and 51% of soybeans are dealing with drought conditions, up 12% from last week for both, as the trouble spreads in the Midwest and Plains.

Shazaam!! Missed it. Can’t turn your back of this one. Of course, I have made a little PB&J money elsewhere. lol

Yup - they’ll print it into oblivion. Meanwhile…gotta labor to produce pm’s. Grains and energy too. Like you say, its just a matter of time.

Swing trading $AGQ

In honor of the $boil reverse split, here's a poll for you:

Right now, boil is $54 split-adjusted and $kold is $77.72.

When will boil be higher than kold?#natgas

— Shep (@ShepRules) June 7, 2023

If the FED pulls this one off, No American will be able to move a single Penney without the overlords 1) knowing 2) accounting 3) regulating.

That $5 grandma sticks in your b-day card? Nope!

Want to sell that used coffee table to your neighbor for $10? Nope!
(You’ll have to haul it to the dump and pay them to take it)

Wanna sell your extra deer rifle to a friend in your hunting club? Nope!

Need to buy or sell physical Ag or Au? Nope!

Not without Uncle Sam knowing and regulating. Not. One. Penney.

Wheat futures jump as Ukraine dam destruction amps up supply worries

Wheat futures jump as Ukraine dam destruction amps up supply worries

Waiting on the reset.

Out 2.54

Well… made a few bucks on the shares I sold - ended up red on the ones I held. All is right with the world. Ya’ll have a good weekend, I’m headed for the beach.

Took some off the table @ 2.45 - in the green now

Think about this. #natgas volume was 31k at 9am when it broke $2.20.

Now 186,000.

Do you really think 155k contracts really traded between 2.20 and 2.136 when it spent the majority of the time between 2.16 and 2.17?

Cause they didn't. All designed to get you to sell.

— Shep (@ShepRules) June 1, 2023

Twice between 1:30 and 2:30 $BOIL tried to run and they pushed it right back down. Not sure who is doing what here, but this is NOT trading normally. (Not that it ever did) Looking at the volume and noting Shep’s post on zero shorts yesterday, I suspect someone is loading the boat.

I should have better sense, but adding again @ 2.2964 - this stock drives me crazy, but I am drawn to it like the proverbial moth. Avg now 2.4856

Just added another block @ 2.37 - I’m at my normal load now. Let’s see what the next 2 days bring.

Lol, good question. I misread the tea leaves on this move. $Boil is not for the faint of heart.

+2.41 almost loaded now.

+2.51