nathan

1.7K posts

nathan

nathan

@BhagHunter

ASX / Commodities

Queensland Katılım Temmuz 2020
520 Takip Edilen427 Takipçiler
nathan
nathan@BhagHunter·
@PencilTrading Just so I’m getting this right, you’re saying planes never flew into the WTC?
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Scott
Scott@PencilTrading·
If they can create the illusion of flying plane into buildings (pre AI) then releasing images of oil plants being bombed is kindergarten illusion.
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Zen Trade 🌟🚨
Zen Trade 🌟🚨@aammiitt2·
#Brent at $101 now. In the last leg of rally before a major correction below $58. This can re-test and go past $120 slightly and then a major correction. Too risky to hold any oil stocks here. Weekly RSI at 88 crossing March '22 weekly RSI. Last time when it hit this levels Brent cracked over 55%. Either war will end soon with re-opening of Hormuz or there will be excess supply coming in from Russia, Venezuela, US and other Gulf countries bypassing strait of Hormuz👇
Zen Trade 🌟🚨 tweet media
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Zen Trade 🌟🚨
Zen Trade 🌟🚨@aammiitt2·
@BhagHunter @Spec_punter Thanks mate. It is better to have food, oil for travel and great hospitality back home. I will bring some food packets for distribution on my return.
GIF
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Zen Trade 🌟🚨
Zen Trade 🌟🚨@aammiitt2·
U dont read properly nathan. That happens commonly for low IQ stock. but thats okay mate. I said we are in the last leg of the rise in ST. This is war situation and who knows where that rise would end. Oil need to drop after this last rise. Above $135 this (wave B ) will be invalidated and we see 150-200 kind of highs (extreme scenarios) as wave 5. Obiously the charting would change reflecting new realities if pattern is invalidated. If we do not cross 135 then it confirm we enter deeper wave C correction in oil which is what the chartbposted here indicates. Learn Technical analysis. I charge $1000/hr. For you I will charge $1500/hr only.
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nathan
nathan@BhagHunter·
@Spec_punter @aammiitt2 Just tweet 5 different outcomes then retweet the winner! Have some shame Amit 😂
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Spec Punter
Spec Punter@Spec_punter·
@BhagHunter @aammiitt2 Haha let’s see if there is a bounce in materials next week, I reckon there will be! Just on a psychological read of the speculative commodities space!
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nathan
nathan@BhagHunter·
@aammiitt2 The other day you said below $58 incoming 🤣
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Zen Trade 🌟🚨
Zen Trade 🌟🚨@aammiitt2·
#Crude going as per the plan. I said $150 and above 👇
Zen Trade 🌟🚨@aammiitt2

#Brent #crude #oil Investors and traders need to plan for 3 digits crude price scenario. It will eventually hit $140-$150 or even higher.....Nothing goes up in straight line. We are in an uptrend and slowly things would escalate on pricing.....there will be peace in between to keep a tab on prices... Technicals and Elliott wave cannot be ignored. It is pointing to a structural uptrend trend for Oil.

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Spec Punter
Spec Punter@Spec_punter·
@aammiitt2 Breathe of fresh air 😂 Never seen the crowd all as one like this before lol
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Debra Robinson
Debra Robinson@DebraG_Robins·
Imagine having these hurtling at you 😱
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nathan
nathan@BhagHunter·
@ChuckChunder007 @croninpd Deal completed on the 2nd of March then needed to validate these drills.. 9 days seems reasonable no?
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Chuck Chunder
Chuck Chunder@ChuckChunder007·
I wonder when this unverified historical drilling completed between 1995 and 1999 by an unknown company became market sensitive for $MM8 #MM8
Chuck Chunder tweet media
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nathan
nathan@BhagHunter·
@Justin_K000 Yeah looks that way, interesting to see what other historic deposits they have in the region
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Justin CROM
Justin CROM@Justin_K000·
@BhagHunter Was it just because the area was mostly pursued for nickel under the forrestania operations?
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Justin CROM
Justin CROM@Justin_K000·
First bit of news post Forrestania deal closure & I like the look of this for $MM8 / $MM8.AX Some terrific hits, widths & grade over 1km of strike. Most importantly I'm vibing the name - "Lounge Lizard." Still 385 more old drill holes to validate. JORC for the prospect Q3!
Justin CROM tweet mediaJustin CROM tweet mediaJustin CROM tweet mediaJustin CROM tweet media
Justin CROM@Justin_K000

Great to see this one finalised for $MM8 / $MM8.AX. Took a little longer than hoped but that's usually the way. Now it'll be interesting to see what news flows on from this as a result be it exploration work on the new tenements or acquisitions nearby...

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nathan
nathan@BhagHunter·
@ChuckChunder007 @croninpd Were they meant to release this before they had control of these tenements or before validation?
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nathan
nathan@BhagHunter·
@asxpeasant @over9000AU Fixing here I guess you can avoid runaway yields and rate rises but might also miss an RBA backed YCC drop in rates.. not sure which is more likely at this point and both sound potentially painful so I’ll happily stay heavy gold stocks and physical, what pathway do you see?
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Peasant
Peasant@asxpeasant·
Wow Australia is toast. Interest rates will go through the roof. Big government intervention coming. Aussie dollar going to crash hard against USD. Go to #gold now
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Peasant@asxpeasant

A common misconception. The RBA does not set interest rates. The bond markets set interest rates. If you’ve read a book you will scoff and say, “Rubbish! the RBA sets the overnight lending rate which is the interest rate.” Yes, they also need to ACTIVELY DEFEND the interest rate band by acting in short term markets, repo markets. This is easily done when the interest rate aligns with the free market short term rates. Sometimes needs a little encouragement but generally not challenged. But what if the RBA adjusts the target interest rate significantly BELOW the short term bond rate? What if the free markets are dumping short term Aussie bonds and therefore sending short term yields higher? The RBAs “interest rate target” doesn’t automatically happen. The market isn’t just going to fork out way more money for the same bonds they were buying for a lot less 2 minutes ago. The RBA must also INTERVENE with monetary policy and actively buy out those cheap bonds in the bond market, spending money to buy all the surplus to push the bond prices up and get the lower the rate (higher price = lower yield) there will be no demand for issuance of new expensive bonds with the lower yield, when the same duration bond can be bought cheaper ie with higher yield. Why do you think we got smashed with inflation after Covid? Do you KNOW how much MONEY they CREATED to push rates down to zero and buy out the whole bond market during COVID?? Is this registering yet or do we still think our government has power and not at the mercy of the free market. You ALWAYS PAY. If you don’t pay on higher interest rate, you pay on higher inflation. If the free, global market says we’re going to pay 8% on our loans because short term australian bills/bonds/treasuries are not reliable investments anymore, then YOU WILL pay 8% one way or the other.

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Prince of All Saiyans
Prince of All Saiyans@over9000AU·
@asxpeasant What if you’ve got no cash to switch to gold U’ve just got fat home loans How to survive this Fix the rates maybe?
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