Member Info for LuckyLuciano

Thank you ElProfessor I wasn't sure. Not to be polemic, but one thing is to make a law

another is to enforce it. I suppose it generate more tax revenue for the Gov. to get those vehicles out of the road

rather than forcing them to replace exhaust pipes...

This is just a though I had, looking at videos of polluted and deprived city of the world, (please don't ask why...) and to lesser extent is valid also in the west.

If the car MOT was to be carried out properly in respect of the laws and not only from a safety to drive point of view, it would be compulsory

to change the exhaust pipe of every car after so many miles. Car pollution emission never get tested when one does the MOT and yet our politicians

are busy to make laws on renewables and set dates for achieving impossible targets. What a jokers...

Much better like this. After 10% a day rises a correction is very healthy, imo price action shows price resilience.

Big price drop from 2585 been bought up immediately for then settling lower, shows this is not a bubble bursting but a pause.

Key price is previous all time high at 2270/2300 range which should be support now.

Possibly the big test will come in January with bigger interest and larger volumes.

USA debt ever rising, rate still coming down, geopolitic still crazy, and combustion engines still around for longer.

Opportunity to buy the dips.

Expecting a pull back in 2026===========

based on what? You trying to buy cheap Tharisa shares?

Exactly my thought nimrod22.

My working goes JPM have themselves figured out that silver is better than the $ they hold in their fake bank account cash reserves.

So in a desperate attempt, they might have as well try to buy all the silver they can get at whatever price, by trying to corner the market, with the hope that

one day, they can sell it at higher price in exchange for fiat currency.

The question now is, are they going to sell the physical silver, or given the market dynamics they have realised that long terms, is better to hold it and leverage it?

Same goes for gold and other precious metals and ..... forget about cryptos.

In other words, are now banks starting to realise that there is noting better than hard assets to keep surviving, in an over leveraged financial reality?

Yes I am too looking at the Asian Guy videos, fascinating. I am not sure if 10% silver spike will crash the financial market yet, but we are getting there.

I have booked 6Kg. of silver for delivery on the 24th, will I get it comes Monday? Hope so...this is a long term holding, the dynamics behind silver are compelling, especially with the new Samsung EV. battery .

Meanwhile something is brewing with platinum too.....don't forget Tharisa THS, is valued at PE of 5, when platinum was in the $1000/oz range.

Hopefully the markets will not crash for this silver event because it could drag down any stock, including miners.

What we want is a gradual erosion of the paper money, which was already in place, not a total panic and collapse of the financial market.

Yes it all depends from the mm....They may decide to open with a gap even though volumes are scarce,

this will prompt some selling/profit taking. In view of the trend the mm will need a lot of cheap shares to sell higher

in the next few months. On the 29th Dec PGM (albeit only platinum and palladium sponge) will start trading in China,

it will be interesting to see what happens to PGM prices. Given the trend if I were a car manufacturer I would book as many contract as possible to

fix the price at these levels, is not just a matter of cheaper prices but also to availability.

That would be nice.....one thing is for sure, when a price closes the day at its highest $2515, you know how is going to carry on going forward.

Tharisa PE is becoming ridiculous and then there is Karo mine.

I don't like to make predictions, but looks like we are going to blow out all time higher here,

is just a matter of when. DYOR

Https://platinuminvestment.com/investment-research/essentials

Didn't realised there was also a Platinum Investment Council.

This of SAF, might have been posted already but is an interesting trend, to add to the investment demand which is growing exponentially.

..insane

This is unprecedent, and the pace its changing is mesmerising.

https://www.youtube.com/watch?v=YQSpd4klLXM

Connected with my previous post of China setting up an exchange for PGM on the 27th Nov,

This in accordance with South Africa, which incidentally is part of the BRICS.

One as to wonder if these moves are purely economics or also political...

At the same time the USA is warmongering around the world desperate to keep the USD egemony,

trying to secure cheap oil to flood the market, in order to keep inflation down.

Two objectives, keep lowering rates and support the energy needs for the already overleveraged AI infrastructures hyperscale.

The stakes couldn't be any higher than this, reminiscences of Germany and the 2WW economic situation.

If silver has become strategic metal and industries are buying the physical for the long terms, platinum imo

is even more a critical metal. I don't think a coincidence that PGM metals are now tradable for delivery on Hongkong...

Have bought 4oz of platinum 2 days ago and thinking to buy 2 KG. of silver to use has door stopper.

Tharisa is in a sweet spot now, I know this company for many years, I remember the debates if THS was better investment than Sylvania on this board.

Then, EV hype came about and sentiment changed, lithium was the new platinum and another hipe started. But imo these current move on platinum, coming from the very country which produces the most EV cars in the world, is a game changer. I doubt is purely political in order to antagonise the west and the USD . Platinum price was suppressed out of sentiments not fundamental, now it has lots of catch up to do. It is rising faster than silver and you can not buy any physical out there, I managed to get only 1oz lingots from Bullion By Post, most providers are out of stock.

On technical we have gone past the all time high at $2300ish and today, we have a confirmation day candle which increases dramatically

the chance, that $2300 will become support. For THS couldn't get any better, current developments are unprecedented, add to that the EU

turning back on combustion engines ban.......more to come on that front. By the time Karu mine will be in production who knows what will be THS share price, forget the chromium, I think THS is starting to be valued equal to a gold miner if not higher....DYOR

Https://www.youtube.com/results?search_query=China%E2%80%99s+platinum+futures+exchange+debut+seen+as+major+boost+for+South+Africa%27s+PGMs

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Above a link to YouTube page with many videos on China involvement in the platinum market.

It may be a coincidence but didn't realised they have set up an exchange for platinum and PGM sponge for delivery ?! Crazy.

Thus on the 27th Nov. hmmmmm it could be a game change here. Beside investment and jewelry, China has a record for cornering the markets

almost in everything they deem strategic. They done it with REE and platinum imo is even more scarce, and critical for many industries.

Beside that on the monetary front just one question: In say 5 years time, would you rather hold dollars as reserve or gold and platinum.

But again the fact that they started an exchange for PGM delivery, shows that combustion engines car is here to stay for a little longer than forecast.

Indeed it could become the surprising metal.

Many dynamics in place not least the EU abandoning some restrictions for combustion engine cars by 2035.

With strong competition from Chinese EV and slow adoptions, they would completely destroy the EU car industry

if they where to be so strict. Beside, gasoline and petrol is a very nice tax revenue, where are they going to get it from with EV?

But short terms, it is more about safe haven and dedollarization.

Gold is becoming too expensive for some retailers investors and silver imo is kind of too bulky for storage, enter platinum....

Some claim it will reach gold price, have to say been a tradable metal with yearly production of 1/20 of that of gold,

it is in a good place to go much higher.imo. Also China has started to hoard platinum, they hardly produce any platinum,

this is strategic but also diversification from gold/dollar. On techs, hopefully $2300 will become a support level for much higher prices.

Finger crossed.

to

..I believe it was the all time high ever...2008.

...now that I think about it, just wondering if the b@stards realising that price is rising so fast, are holding their stocks

for then sell it at much higher price. It is suspicious that most precious metal web site are out of stock on platinum. hmmm

By the way, it may be a coincidence but most webs out there selling precious metal, are awaiting platinum deliveries.

I just bought my second 100g of gold for delivery last Friday, and today I was checking platinum bars.

You can get only 1oz bars and some webs like the Royal Mint is out of stock completely.

Indeed, I was just making a comparison between gold production and platinum production.

I was surprised to realise that actually gold dwarf platinum, wheres each year roughly we mine 3500/t of gold

compared to 170/t of platinum.

Not wistanding the fact that platinum is very much more an industrial metal than gold, hence lots of demand comes from industries.

But if platinum becomes ever more an investment option, due to been perceived as cheaper option (same dynamics as silver)

then the supply is so limited that no wonder we get 5% price increase daily....

Have the feeling there is no turning back for platinum price, I remember 40-50 years ago that platinum was perceived

a much more valuable metal than gold, well the fundamentals are there, lets see what happens......

Https://www.investing.com/news/commodities-news/platinum-surges-past-2000-for-first-time-since-2008-93CH-4418770

You literally add no value to the discussions on this board other than inaccurate info most of the time and then get defensive when you are corrected.

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Yes I might be defensive when I get correct, but only because I hear some other on this board, so biased towards they investment interest, that resort to

transform mere possibilities, in a death certain events for this company.

I think I do add value to this board, and the value is this:

THX, for me is not a buy and hold share, its sp potential is £1 and in fact, more the POG will appreciate and less

exponentially THX sp will grow, compared to many other gold miners out there, with a lower AISC.

I view PFS at Douta a mere necessity and not a value added event, including that is a Pre and not a Definite...

But people on here that are shouting so much about THX fundamentals, like to include a PFS as fundamental value.

Ultimately, about the dividends, you need to wake up because if you are invested on here for the dividends

imo you are definitely in the wrong place. Surely, a one sole producing mine in Nigeria, is not a safe place

to park your retirement saving, to enjoying dividends. And before some go all out to explain me all the future potentials

of THX etc etc, I just like to remind you that there are much safer dividend paying company out there

some reaching 10% and with a bit of luck also potentially with some sp growth.

There you are, this is my added value, objective, not misleading, based on present facts.

Won't reply anymore to posters on here, because is getting boring. All the best. x

Well I suppose in the end is down to interpretations. If you believe that I was holding Thx for trading in the last few days

you can not call me hypocritical or else....ready to post proves if you like...

But again, is down to interpretations, imv I have been realistic with Thx comments regarding its operation

and in view of the fact that I was holding Thx while doing/ posting that, I thing I sted a much higher ground of those

that inevitable because are holding long terms, are wearing a pair of pink tinted glasses right now.

Believe you be what is pulling thx sp right now is POG and not fundamentals, they are way already priced in by now.

On Theta Gold mines, lets say I see you with your THX shares in 2 years time or likely much earlier...

by the way THX seems to be down some 30% too of late.