Pump and dump?4 Aug 2020 11:45
Morning.
So as Bsg opines from their siege castle: "So is this just a pump and dump." I conclude in large part it so is. but... so what.
What needs to be understood is that the 'pump' in vast majority is not coming from the likes of Mr P et al - maximise return by bringing in the 'bigger fool?? - no, this pump comes from the largest power there is with money, govs and their ability to borrow now and if that dries up, their unlimited ability to print. They have no choice but to do this as they have to reflate the world economy........and it will take some time I imagine.
Comods are inevitably early beneficiaries of this largess. Comod explorers will have a geared response to that. Gold benefits twice in these times as it is a 'fear' hedge as well.
So best to just run with the THR bull run while it lasts (6 bagged last time from the last comod run), but do keep an eye on a chair for when the music stops. Like Mr P, singing the praises right up to 4.2, then ...phuttt... gone! Made a turn though, you Bsg? Ever? Warrants? Ha, we can all look that up. Err.. max 9%..... Unless this goes over 4p again. Oooh, rampy rampy!!
All the best chaps. Play clean. ;-)
GK.