Member Info for DrJamain

Yup, the war is financial as well as military, Russia is being excluded from the dollarised world so they will be looking at alternatives.
This from George Gammon is an interesting scenario where they use oil pricing as a path to a new gold-standard and the world becomes split between fiat and gold:
https://www.youtube.com/watch?v=35x8N7Va8zg

Carve - the Moneyweek extract pretty much sums up why I am in here, just comparing the SPs of PM miners against the price action of the commodity they produce suggest that they are seriously undervalued. When this corrects we will do well.

As for Ukraine either:
1) Putin is a psychopathic nutcase looking for a fight with the West
2) NATO/the West have put their bikes on his front lawn having promised no to and he doesn't like it
3) it's all theatre and what's really going on is The Great Reset/Agenda 2030. C-19 was Act 1, Ukraine is Act 2, Act 3 onwards will become apparent through the decade.

For me option 1 is absurd, option 2 is most likely and option 3 is far from impossible - the dovetailing of the Covid/Ukraine crises is very neat.

Democrat, you are exaggerating, You often do. However any doomsayers will look good on a day like this.
The news flow from the company has been unremittingly downbeat for a time and I would suggest that the bad news has already been pretty much priced in.
As for PMs the charts reflect the current geopolitical and inflationary drivers for higher prices. The spivs across the water may continue to suppress prices as much as they can but they will not be able to keep a lid on this forever.

MrD, yup, Adapt 2030 sees it clearly as does Ice Age Farmer. This is all very far from business as usual

Pretty much as expected - production issues offset by PM prices. Jam tomorrow, meanwhile the toast is a tad dry.

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.

Well silver has got some mojo today - past $25...

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.

Yup, back to business as usual - same old same old for the time being.

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.

Interesting news:
JUST IN - UBS cuts Russia bond values to zero, triggering margin calls for the bank's wealth management clients.

RBC must now be long

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.

6%+ is a good start.
Volume is 1.7m so far today - this sort of money doesn't just come from PIs

Up 6.4% isn't bad - if results are half decent in this environment this will fly.

I may as well order my Ferrari!! 10x - that's the stuff dreams are made of.

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