Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Short of a takeover this is a long term play and there may be bumps along the road - global recession is a possibility but the direction of travel for 'green' technologies is set. HZM will remain relevant which is why I am in.
Don't be silly
It seems like many people here are diving in hoping to pick the bottom and as things recover they will make a huge profit.
I am not sure this is a situation where picking the bottom is the best strategy, you may make a lot but you may lose a lot.
I would rather make less once there is solid news and the uptrend is established.
BTB - watch from around 41 mins to 53 mins of this, or the whole video if you want proof this guy understands markets. It may cheer you up :-)
https://www.youtube.com/watch?v=b6vjBbzCUhQ&t=2275s
Well said Jet7 - beyond the bellicose rhetoric and propaganda you put the geopolitical reality well.
The USA was outraged by the USSR seeking to put nukes on Cuba during the Bay of Pigs crisis yet they are happy to arm the Ukraine on Russia's doorstep.
NATO has expanded in contravention of assurances and agreements.
A democratically elected Ukrainian government was ousted in a western backed coup in 2014 and those who assumed power have grabbed land and repressed native Russians.
I could go on but west's assumption of moral superiority in this war is absurd.
Margin calls, profit taking, manipulation by the usual crooks? Who knows.
What cannot be ignored is inflation, economic and geopolitical instability. Those realities will play out by increasing PM prices. It's just a matter of time.
There may be a ceasefire and PMs may correct a bit. However I wouldn't be surprised if China isn't seeing an opportunity with Taiwan.
The global power-balance is changing and with I would expect territories to shift, some old scores to be settled. The geopolitical situation is in flux and when that happens PMs do well.
If the market crashes I'd expect all stocks to fall but hedges, esp. PMs will recover faster and higher.
This guy's analysis is interesting:
https://www.youtube.com/watch?v=GGyB-Dz4p5g&t=1278s
Yup, the disparity between PM prices and SP performance is crazy - has been for a time and is across the sector. And this is when the silver price is being artificially suppressed.
It seems PMs are being slapped down today.
This is definitely a waiting game!