EscapeFromUtopia

4K posts

EscapeFromUtopia

EscapeFromUtopia

@utopia_escape

Katılım Ocak 2021
818 Takip Edilen624 Takipçiler
J_Wise_geology
J_Wise_geology@J_Wise_geology·
Silver price Friday's close tomorrow at:
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@VulmearJ45663 I get it. I wanted a homestead in MO, but then I met a girl, got married and moved to Germany. So... less prepared than I'd like to be. We do what we can.
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Brett Moore
Brett Moore@VulmearJ45663·
@utopia_escape energy & metals are great but all good "stuff" investors need timberland, farmland, weird land banks & water rights plays. I'm joking but they do provide a 3rd leg for a resource heavy portfolio to stand on.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
After getting brutalized by the silver market, I decided to review my Hormuz hedges, and sold a few of the underperformers. Kept all oil/gas/coal. Kept $CF, but sold $NTR and $MOS. Kept $MEOH, but I sold $WLK. All sales were profitable, but right now cash is king.
EscapeFromUtopia tweet media
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
He's not right or wrong; he'd have to have written something for that to be true. The AI that wrote his script is just laying out the words in a very slightly non random way. I mute all AI posters. Its a fun toy, but if you didn't write it, I ain't taken time to read it.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@D3_Deflation All any of us can do is guess. A little hopium is good after a long day of doom posting. 🙏
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Sebastian
Sebastian@D3_Deflation·
@utopia_escape yes SIR we don´t know - we are just guessing Tomorrow we know more
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
Off to bed, but I was inspired by @D3_Deflation to sketch out some premium hopium in the form of a mega-pennant. We might have another red day tomorrow, but metals certainly ended on a better note than they began today, and that's all I can ask for.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@JustMikeMcKay No, it's starting in the countries with the shortest shipping times from the Gulf. That will be everywhere a week after the tankers that should have left never arrived. Panic early.
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ᒍᑌᔕT ᗰIKE
ᒍᑌᔕT ᗰIKE@JustMikeMcKay·
🇹🇭 Getting gas in the provinces has turned into a full-time job.
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Silver Santa
Silver Santa@Silver__Santa·
Going 40% cash last week wasn’t widely seen as a good move, but I believed otherwise and reduced my exposure. Now, getting reinvested might not be viewed favorably by everyone either, yet I see it differently and have put capital back to work today. I think this will age well. Give it a few days or weeks.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@GornesJ @ArrakisGlobal On Glencore? They have a huge amount of seaborn coal, and and a massive energy trading desk whose profits double during chaos. Also, copper mines (less relevant.)
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Álvaro
Álvaro@GornesJ·
@ArrakisGlobal What's the thesis/catalyst on this? I prompted Claude, and tbh I don't really see the play?
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Arrakis Global
Arrakis Global@ArrakisGlobal·
$GLEN added earlier today. very curious to see where we end up on thermal coal as this gas snafu plays out.
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Brett Moore
Brett Moore@VulmearJ45663·
@ArrakisGlobal $BTU & $CNR have been doing very well because of their thermal coal. $GLEN has been sort of treading water, I suspect because of their copper holdings dragging them down. I did re enter the stock today.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@calvinfroedge Fake as hell, but maybe not the PPT. If I had to guess though, I'd say swaplines were opened. Because yields and gold bounced late in the day when stocks did... clearly the gulf countries stopped selling EVERYTHING because they had another way to get cash.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@StoicSilverBear I sold underperforming (but green) hormuz hedges, and kept the real winners of the last 2 weeks, decreasing my fertilizer/chemical exposure for more cash.
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Stoic Silver Bear
Stoic Silver Bear@StoicSilverBear·
I didn't do a single thing to my portfolio today. How about you? I'm 30% silver/50% oil and gas/20% cash Waiting and ready for an indication that gold and silver are back to safe haven status
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@D3_Deflation @profitsplusid Totally. That's a great suggestion. I'm too doom-mode to see it, but Its clearly possible now that you've pointed it out, and yeah, a double bottom would make more sense. I agree.
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Sebastian
Sebastian@D3_Deflation·
@utopia_escape @profitsplusid YES, the second down move before the breakout will be less brutal - but yes maybe a little smoother and maybe even higher than what you think my best guess / no financial advise
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
Silver has now broken its 100DMA. Another $7 down gets us to oversold on the daily, and another $14 would get us to the 200DMA which we last connected with last April. Hopeful we don't go down that far, but what can you say with how ugly this looks.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@jerico5231 To reclaim support we would need to close above that blue line, the 100DMA. This morning I would have said impossible. You can see where it paused the the descending resistance on the way up and down. Looks pretty good. We will see.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
While I'm in no way convinced we've seen the bottom in silver, $gold looks more decisive. The plunge started when we breached the 50DMA, and it bounced right on the 100DMA. That looks about right. Oversold on the 1H, and 4H, bottomed out 1D, and almost back to normal on the 1M.
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EscapeFromUtopia
EscapeFromUtopia@utopia_escape·
@chrismartenson @Ross__Hendricks This will be 'The Golden Age.' Trump loves gold, and greatness, making it very suitable. Unfortunately, the meaning is sardonic, and its black humor no longer means what it did historically.
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