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Yes I have lived the same way as you my whole life. Freedom and no stress are underrated. I think owning precious metals goes a long way to keeping up with inflation and other monkey business. Just remember they are very cyclical.
ABQQ Some buying and a pop in the last few minutes of trading. Maybe run again next week.
ABQQ been accumulating for 2 days.
We may get a correction here but Gartman getting out makes confident we are going lots higher in the next few years. Only other option is he is right for the first time in his life.
"Loneclone said "One of my main goals right now is to avoid what happened at the end of the last bull when I did not sell nearly enough was was left holding multiple bags, so I am keeping selling at the front of my mind, preserving profits and reducing risk.
You can never know a bull is over until well after the fact. I am willing to forgo the last bit of the profits to avoid becoming a bagholder again."
Boy aint that the truth. In that 2011 2012 move I made 6 figures a month for 6 consecutive months. Managed to give a lot of that back in the ensuing years. Repeat every day commodities are cyclical. Reap when its a bull and go far away during the long bear.
Spec the volume today was not high but I hope you are right about a surprise.
Coin flip just as good as Schiff. He will be right the next few years because we are in the early stages of a new bull market in commodities. Gold is going to all time highs in USA dollar in the near future.
Peter Schiff Net Worth: Peter Schiff is an American businessman, broker, author, and commentator who has a net worth of $70 million dollars.
Only off by $930,000,000.
Schiff has been saying the same thing for 25 years. Right when Gold goes up wrong when it goes down. Flip a coin just as good.
MUX is breaking out today.
MUX
1) Rob McEwen
2) Breaking out on the chart.
3) https://s21.q4cdn.com/390685383/files/doc_presentations/mcewen_presentation.pdf
MUX looking good here.
Nice. Looks like something may finally be happening with a merger.
Right back where we started from a few weeks ago.
Sellers in total control for days.
What?
A lot of volume again.
Another 1m share trade on the bid. What Im hoping is a market maker is accumulating all day and than putting the stock to a buyer. If its one buyer the last month than someone is accumulating a big position.
This is actually super news. It confirms they are moving ahead with Tau 2 which we all hope will propel us to a different level.
Smith I just posted the first few sentences of your post on a few places on Twitter with a few edits.
Yes I agree keep the technical posts coming. Great insight.
As I have said before the risk reward here is very large. Seems like Tau2 getting drilled is high probability. Really big incentive to drill it based on the fact that the insurance company is paying for most of it.
Anyone have a different view?
GSPE breaking above the recent trading range as we speak. The ask is all the way up almost at 2 cents. OK offer just came down. Definitely been an accumulator in there for about 10 days.
Stock has quietly doubled.
No problem. We are all here for the same reason. I hope GSPE cooperates.
Just more buyers than sellers right now. No other reason that we know of.
Well golly gee GSPE just hit a penny. Its a Festivus miracle.
I bought a lot at .007. Before you call me a genius you should see what I paid for my original slug a few years back.
Sorry for this fluff post but happy its finally moving. If they could just get Tau moving forward we would be in business.
Yes Mam.
Geez lost cause. There are lots of things i know very little about and I will admit it in a minute. Im sure there are things you know that I dont know s... about. You can post anything you want anytime you want but when you post about stock trading it is obvious you have no idea how the market works. Absolutely nothing wrong with that just understand it is obvious to everyone but you End of subject for me.
Geez lost cause. There are lots of things i know very little about and I will admit it in a minute. Im sure there are things you know that I dont know s... about. You can post anything you want anytime you want but when you post about stock trading it is obvious you have no idea how the market works. Absolutely nothing wrong with that just understand it is obvious to everyone but you End of subject for me.
Sorry not attacking you. I actuly like reading most of your posts. Just when you comment about the stock trading you dont have experience and your posts show it.
Smith just continue to post any filings you see in regards to corporate developments or regulatory filings or progress on approvals to drill. Forget the rest.
Smith your research and keeping up on filings is great.
In terms of understanding stock trading and markets you need a lot more time and experience so better not to comment on that.
All in all you are the glue that holds this Board together while we wait and wait and wait.
Wow had not heard that name in a long time. Looked him up Joe Batapaglia died suddenly in 2011 at the age of 55.
Tesla is now worth more than Toyota, making it the most valuable car manufacturer in the world.
Last year, Toyota sold 10.6M cars and made a profit of $19B.
Last year, Tesla sold 0.367M cars and lost $862M.
Market cap here about $2,000,000
Anybody heard anything about the merger?
No they can just lower their ask. Or they could lower their ask and hit the bid.
Not sure that is a very good comparison. Oxy is a big diversified oil company going through a bad time but not very speculative. GSPE is a small speculative company with some good prospects.
Not really any comparison.
That being said I completely agree with your premise of GSPE being a great risk reward candidate and thats why I have a large position. I was still buying yesterday.
Market Cap here is $8,000,000. No comment needed.