Replies to post #5159 on Mining Sector Ideas

[gfp927z]

The 20 year Treasury yield just hit 5%, so an ominous sign. The 30 year also close at 4.98%.

And the 2 year Treasury auction this week showed very weak demand.


>>> ... Typically, 2-year auctions go largely unnoticed beyond the dealers and buyers involved in the roughly $30 trillion Treasury market. It’s often a place where safe-haven seekers and corporations can park cash for a while and earn a bit of yield. The auction starts and buyers line up.

But Tuesday’s auction went “miserably,” making it hard not to notice, with yields on the policy-sensitive 2-year rate advancing 9.6 basis points during the session to 3.926%, its highest yield in nearly eight months, according to Dow Jones Market Data. The rate now is 45 basis points higher in 2026.

Treasury yields typically fall, not rise, when the Federal Reserve is engaged in a rate-cutting cycle.

The recent yield climb reflects growing concern about dimming hopes for further Fed rate cuts this year, and potentially rate hikes. A prolonged Iran conflict could mean oil prices stay higher for longer, and risks inflation becoming a bigger problem the longer that hostilities drag on.

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https://www.msn.com/en-us/money/general/a-bad-treasury-auction-is-offering-a-glimpse-into-the-anxiety-on-wall-street-over-the-iran-war/ar-AA1ZkR8H?ocid=BingNewsSerp


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[bigworld]

gfp: The last of my sell orders went off yesterday at $60.01. The final tally is that I lost about $163,000. Not a good trade. But before the war caused the big drop in the miners and bullion my portfolio was up about $800K over the previous 14 months. So I have to keep that in perspective. Sometimes you take a big swing and you miss. Sometime you hit a grand slam. The miners will rebound and then far exceed the previous February highs. McAlvany sees gold going to $8000 in the intermediate term. Silver is destined for $200 an ounce at least. Hard assets are still the place to be. For what it's worth Rinear still likes UUUU (Energy Fuels Inc.) It's down 23% recently but still up over 300% over the past 12 months. It's at @ $17.50 a share right now. It's primarily a play on uranium and rare earth mining. They produce heavy mineral sands, vanadium, uranium, and rare earth materials. I may buy a few thousand shares after the war concludes. I see the chart. If it drops further it has to hold at $13. I think it will. Until fusion gets perfected Uranium is our only avenue to remain competitive energy wise.