Member Info for bonker99

Last time the daily RSI was this low it bagged the next day ;)

Gotta be worth a punt at tuppence - interesting Goldman Sachs TR1

*US 2Q Prelim GDP -0.6% Vs Advance GDP -0.9%

*2Q Prelim Real Final Sales +1.3% Vs Advance +1.1%

*2Q Prelim PCE Price Index +7.1% Vs Advance +7.1%

*2Q Prelim Core PCE Price Index +4.4% Vs Advance +4.4%

*2Q Prelim Purchases Price Index +8.4% Vs Advance +8.2%

U.S. 2nd-Quarter Preliminary GDP Due 8:30 a.m. ET; Seen -0.5%
U.S. Jobless Claims Due 8:30 a.m. ET; Seen 255K for Week

Indeed.

You can think of this fertiliser play as a proxy for the ballooning gas price - lots more to come here - we're not even in the Winter months yet ...

"Germany's consumption of around 1000 TWh of #gas per year just got a lot more expensive.

We used to pay <1% of GDP for gas. At €300, it will be ... 8.4% of GDP."

https://twitter.com/COdendahl/status/1562718803469156358?s=20&t=daN83Kley43b2RaRr8cAlQ

I always liked c9p here - have been waiting for/expecting the inevitable placing for the money guys to fill their boots for a very long time.

Big moves ahead for Gold/Copper over the coming year(s) ...

"Polish firm is indefinitely suspending nitrogen fertiliser production at its largest plant in Poland.
Another fertiliser producer Anwil halted nitrogen fertiliser production today, again citing high gas prices."

Fertilizer prices have surged by 200% since 2020.

https://twitter.com/vtchakarova/status/1562555528332873728?s=20&t=zSmRcPU0LDXl4T3-1qDVkA

Spot price for fertilizers

https://twitter.com/AlessioUrban/status/1562461274260504577?s=20&t=3grhcTjsXspveW12pzS0Sg

Polaris were completely out last Friday on the big dump - RNS half an hour ago.

Not sure where shorters get the shares from to close out from here.

At a glance - nice grades but pretty slim intervals so questions on whether they're economically viable I guess but I've not looked into this much myself.

It's only a matter of time :)

Looking good - I like c27p here.

https://twitter.com/bonker_99/status/1562344259453427713?s=20&t=s43Fu50_9s5GjpgcayY-aQ

LOL

In Germany, the PPI (Producer Price Index) hit 37% in July

Afternoon - expecting money to come into base metals over the next quarter or two as regular stonks fall to pieces.

Afternoon.

In case you missed it - the cliff I suggested housing was about to go over a few days ago has indeed occurred - US housing train wreck numbers today.

Afternoon.

Inflection point for Gold right here/now IMO.

https://twitter.com/bonker_99/status/1562082391233101825?s=20&t=JcytL2ATeJlaYTB6g6i0zA

Free punt for me after trading last week's kerazyness - wouldn't be at all surprised to see this 10x from 2s ...

You're right - I suspect if it was going to 1p then it would have done it last week when the MMs could barely make a market for half a day once the bankruptcy stuff was being spread around on MSM - I wouldn't be surprised if this bottoms at 2.7s/£38m mcap - Gawd knows where it could end up to the upside though on the right news.

Some big oilers had epic debt and they're still around - debt ain't what it used to be - everyone's got it ...