#BREAKING Anthony Albanese says the he loves visiting Public Schools because the kids aren’t “far right wing extremist” yet.
He is unintentionally admitting that public schools are already shaping kids towards left leaning views
In my 40+ years of trading, I've never seen anything like this relentless, near vertical surge ripping through global indices.
This isn't merely a bubble...it's something far more sinister and unsustainable, a euphoric madness fueled by unchecked speculation, AI hype, and liquidity illusions that's detached from any rational economic reality.
When gravity finally kicks in and it will the drawdown won't just be severe; it'll be biblical in scale, wiping out trillions, shattering portfolios, and leaving devastation in its wake like we've rarely witnessed in modern markets.Brace yourselves.
The reckoning is coming, and it will be merciless.
God bless and godspeed.
Islamists, with the Taliban flag, chant “pack your bags, leave our lands” in Sydney, Australia today.
They are literally telling Australians to leave, and claim it their land.
How does any country tolerate this?
@WVerily@MarkGatt17@diggerdeegs Seems about right - MKR are stating $40 aisc (Aussie), and the ability to crank 2 mill oz a year for next 10 years starting around May. Sexy margin at 120 Aussie silver
@MarkGatt17@diggerdeegs@Northernbe15710 Agreed. Can you check though I may have used the AISC for $MKR net of Gold Credits (as I did with $BML net of lead credits). In which case the comparison stands.
Today's @Perthmint update
There is only one silver product available - the rectangular LUNAR 1 oz horse.
There is a limit of 20 per customer.
There is a new message on the homepage "unprecedented bullion demand is resulting in early queue closures".
The Mint is encouraging people to buy unallocated silver and saying it is "fully backed by physical metal"
"Wait times for customers have increased significantly" - in other words, expect to be disappointed, you may not even get your 20 pieces. "We urge you to arrive early"
The lunar horse costs $137 so the most anyone can spend on silver is $2740.
This is now very similar to crypto in Australia where my Commonwealth Bank limits amount sent to crypto exchanges to $10,000 per month.
They are still even saying "As Australia’s leading precious metals refinery, we can assure you there is no shortage of silver, it just isn’t in the specific forms being requested by our customers which is putting pressure on manufacturing operations"
CME MARGIN HIKE ALERT ON ALL PRECIOUS METALS
A Second MARGIN increase in 3 days.
Maintenance increases
A 33% increase for gold futures
A 36% increase for silver futures
A 25% increase for platinum futures
A 14% increase for palladium futures
This is going into effect Monday Feb 2, 2026
yes there is volatility, however does the exchange expect renewed price interest in trading their contracts with these hikes or is this protecting the clearing firms from a player who may be in trouble?
The move in prices today felt like forced liquidation vs fundamental selling
Please repost and refrain from copying and posting the attachment below.
@TheBTCTherapist Bitcoin is the modern day tulip, no intrinsic value. Its rise is due to the fact that paper money has no intrinsic value.
Gold and silver have been money for 5,000 years of civilization and aren’t printable or magic internet coins.
There is absolutely no way gold and silver rally this hard and Bitcoin keeps lagging.
There will be a violent correction — all you have to do is wait. In hindsight everyone will say how incredibly obvious it was.
The best Australian Silver Developer is Boab Metals. See my other posts and a new presentation which sets out the investment thesis. In my opinion you won't see a better one from a junior today.
Don Durrett bought in today. Using his own method of Free Cash Flow/diluted shares on issue, at $100USD per silver ounce the investment returns on BOAB are estimated at more than 4000%.
Why?
The buy price is good.
The profit generated per ounce of silver is superb because the mining is shallow, low cost and lead credits pay all the mining costs.
In fact the AISC of mining silver ounces is a NEGATIVE $14USD per ounce and 2.2M ounces of silver are forecast to be mined per annum.
It has been well managed and heavily de-risked.
Finance and FID expected by 31 December 2025.
Located in Tier 1 Western Australia.
#post-80700961" target="_blank" rel="nofollow noopener">hotcopper.com.au/threads/ann-co…
@diggerdeegs@WVerily Thanks - resource is the same as BML and grade isn’t really low? They will be producing in 4 months also. Noted re the lead credits on BML. Cheers and good luck
@Northernbe15710@WVerily I’m not super familiar apart from the seeing a small resource and low grade, it’s been on my watchlist for ages.
I like how lead credits pay for the mining with BML. The silver sales are all profit + Bigger resource, higher grade and production 🎯
The two best on the ASX in terms of risk/reward.
BML is the most de-risked and on target to be first new mine to start production, fully funded, yet market pricing is yet to catch up - that is the opportunity.
MMA has a large Silver deposit plus Pb, Au and Cu making it very economical to mine. Have options to fast track production. Market has yet to catch op in its pricing - that is the opportunity.