frankShanghai

@DonaldW60852684 You also thought with silver 120$ HL is way to cheap at 34$. If it reflected the true price at that moment like 70$ it was an easy sell

@DonaldW60852684 Fear and greed are fckers!! When you feel you are the king and full with you you should sell. Fear is a buy

I didn't take any profits with the huge spike and got crushed with both the January 30th plunge and the fall this week. Biggest lesson is don't be greedy and take some profits when you are doing great. It was exhilarating when I took $1.4m and turned it into $15m January 29th while on a cruise. I actually had it back to $11m February 27 when silver broke $90 and didn't cover thinking now silver is going to $100. And yesterday I sold 480k shares of HL premarket looking at silver down 11% at $66 thinking HL would be down even more with the market opening. But it went up $1 during the day, and I didn't need to sell. I knocked my account down to $4.3m with no HL left when silver recovers (and I do think it will and so will gold). On the bright side I'm still up 213% over the last 12 months (17X the S&P 500 over the same period). I also have 62k shares of HYMC. Eric Sprott was buying more at $40 to acquire 40% of the company. I believe he will buy even more to get a 51% ownership. So when silver recovers, I expect HYMC will do very well.

@Diditaihuttu Bear flag!! Target 34k

BITCOIN SHAKEOUT OR CONTINUATION??

@BuyingMyFreedom @dumoulin_m11344 Not so sure about Bitcoin. Bear flag targeting 34k!

@dumoulin_m11344 Not sure yet dude. I think Crypto offers greater ease. But I do love a solid kick in the balls.

Silver - Target Achieved Haters don't get paid. Neither do BTC bulls. Ride well

@themarketsniper The question is how long it would take to get to new highs? 😉

Golds momentum to the downside more likely implies serious credit contagion. Short Debt markets. Gold will recover to new highs debt will be deeply debased.

Dit is geniaal. Meer dan geniaal: "Everybody knows..." Verspreiden svp. Zoveel mogelijk.

@TheApeOfGoldST They will cut today 😜

#CUT #RATES

@hajiyev_rashad An unexpected rate cut will be the trigger

Today is FOMC meeting. A sell off in metals ahead of meeting usually a good sign…

@DonaldW60852684 A liquidity event and the stock markets are not selling off? Only miners are way lower.

Gold under $5k. My bet is it doesn't get significantly lower today. We have a liquidity event and people sell what they can to raise cash, but there are many others who don't like the risks in the markets and want the safety of gold.

@DarioCpx @WVerily Thank you! When is the April expiration date?

@Fschiering @WVerily It was a shift from SGE to SHFE sir, the overall stock though keeps going down. The shift due to the big April OI incoming at SHFE

Weeeeee, Hi-Yo! Silver Away!

@JrMiningGuy I don’t know either but it wouldn’t surprise me

@Fschiering I wouldn’t rule it out … but what do I know 🤣

Good morning from Germany 🇩🇪 where I'm watching #gold & #silver trade flat, despite ydays volatility! Gold $5,013 ➡️ Silver $81.07 ↗️ Oil literally "explodes" higher this morning, as Iran is attacking ME infrastructure. FED is still expected to hold rates steady on Wed. ☕️

@potassium_phd What if the fed does an unexpected rate cut this Wednesday?

Silver 🥈 — let me be clear: it could take several days or into next week to move back up to $85.31 and paint a break out from the triangle. It will be choppy as hell and people will doubt it the whole way. Anyone expecting a rocket-ship reversal in these conditions is going to be as disappointed as people expecting it to make a new low lower than $64. This is an accumulation period. It’s for accumulating. These markets are too vicious to make anything easy, so you have to keep yourself at ease. Buy silver, do nothing 🫡

@to_borg @DonDurrett @NirenMichael If that’s true (they get wacked) then otm put implied volatility should be higher which means that the call volatility in the same strike would be higher. Call=put

@DonDurrett @NirenMichael I am surprised, here and now, at how cheap the call options are on GDX and GDXJ, The in the money, 60 and 90 days out items. GDX is at 93, was at 115 only 2 weeks ago, and the May 15th 80 calls are only at 17 bucks.

Question for the mining investment pros. If there was ONE key signal that tells you most when mining stocks are about to break out and for a sustained period (as opposed to a fake out) what would it be? You can be more nuanced and break it down b/n seniors and juniors if you wish. And I just want to say THANK YOU so much for sharing your wisdom with us mortals! @DonDurrett @juniorminingpro @ClemChambers @AmandaVandyke13 @Sorenthek @TheGoldAdvisor @IJCarrasco @DVSignals @GoldForecast @TheNextBigRush @MilesFranklinCo @badcharts1 @peter_krauth @LynAldenContact @NorthstarCharts @TaviCosta @PeterGrandich @RealRickRule @duediligenceguy @Oliver_MSA @silverguru22 @barometerca @mbateman @SteveBarton101 @ASX__Trader @capnek123 @DaveHcontrarian @PalisadesRadio @KarelMercx @finding_finance @gnoble79 @GaryBohm5

@great_martis Usually continuation pattern

GOLD 🪙 A large symmetrical triangle might be forming. If this pattern plays out as expected, anticipate a significant move between 6 and 10 April toward the 3/4 zone of the pattern. As this pattern is inherently indecisive (topping or continuation), the direction won’t be clear until the breakout occurs. Assuming the pattern is in play, the next likely move is toward the lower trendline before advancing to the 3/4 zone. Yours truly, The Great Martis 🙏

BlackRock blokkeert nu officieel opnames: investeerders wilden $1,2 miljard terug uit hun $26 miljard grote private credit-fonds, maar krijgen maar 5% uitbetaald. De rest blijft vastzitten, voor het eerst ooit in dit fonds. Voor de leek uitgelegd: Stel je voor dat je geld in een beleggingsfonds stopt met de belofte “je kunt het elk kwartaal opnemen”. Plots wil iedereen tegelijk zijn geld terug; het fonds zegt: “Nee, maximaal 5% mag eruit, de rest blijft bij ons vast tot later.” BlackRock past dat nu toe. Waarom? De leningen in het fonds zijn niet snel te verkopen (illiquide). Als iedereen tegelijk uitstapt, moeten ze goedkoop dumpen en iedereen verliest. Dit is geen toeval. Het past precies in het patroon dat ik al jaren beschrijf: problemen in illiquide markten laten ontstaan, kapitaal centraliseren bij een paar spelers (BlackRock, Circle, ECB/Fed), tokenized assets, blockchain-settlement en EUROC/USDC als “oplossing” uitrollen. Net als 2008, maar nu met private credit als nieuwe zwakke schakel. De macht concentreert zich verder, terwijl jij en ik de risico’s dragen. Centralisatie bij vermogensbeheerders als BlackRock onwenselijk omdat het leidt tot: • Minder concurrentie en meer machtsconcentratie (oligopolie in plaats van vrije markt). • Grotere afhankelijkheid van een paar private spelers voor toegang tot geld en kapitaal. • Potentieel meer surveillance en controle over transacties (privacy-erosie). • Kwetsbaarheid voor gates, blokkades of politieke druk (geen zelfbeschikking). Lees Worst Bank Scenario als je het hele plaatje wilt zien. #WorstBankScenario #PrivateCredit #BlackRock #CollateralCrisis

@politicsguy10 @GoldForecast Gold will go up as well during high inflation periods

@GoldForecast This is great, what about other costs in AISC would they go up to e.g labour due to high inflation due to 200 oil - do miners upside look okay at say 40% uplift instead of 20%?

Oil goes from $70 to $200. 3x. A gold miner has AISC of $2000 and oil is 10% of that or $200. That $200 oil cost triples to $600. => AISC goes from $2000 to $2400 or up 20%. I already priced in a doom scenario in gold miners by adding 20% to AISC and upside is still 3x-4x.