This morning bought more silver as I just see the silver price as artificially low. Has been for ages and my dog won't allow me to hold cash so he can carry the silver as my back won't hack it. lol The rest I'm chucking into FX as need to keep my fast moving trading skills lean. No point in losing those skills by watching paint dry on BPC.
Apart from waking up in excruciating pain as the Doctor claims I've recently strained my back I'm hoping that BPC can alleviate my morning agony.
RE: Interesting facts about BPC and where it is today2 Mar 2020 18:53
IK,
After the Guyana find the sky is the limit. Well, anyway the Cuban's have an old saying, "Oil is everywhere". Sebastian Ocampo, Cuba had oil in 1508. Nothing new under the Sun.
RE: Interesting facts about BPC and where it is today2 Mar 2020 18:13
I'm of the view that the current SP is at a discount to the news. We should be near 6p. So, anyway, I've drifted into FX markets today fine tuning a martingale bot for a purpose I have in mind.
LW, What will these bureaucrats and politicos do when food starts to run out in self-isolated homes or supermarkets? What will they do when self-isolates homes etc can't cover the bills? Will they send out bags of rice and pay the bills? If they kill the economy how is the government going to pay for it?
Government has always beena blunt instrument it doing anything. Eventually, China will have to go back to work or the people will perish from starvation rather than coronavirus.
If you look at the figures 80% of those with it experience nothing more than mild flu. Probably if you drink a shot of vodka a day you'll counter it.
Markets have over-reacted and coronavirus is the mother of all excuses just to correct years of stimulus into equities, etc. In any event, let's see what another round achieves in the markets. My guess is possible margin calls due to leverage may trigger more sells but eventually that second leg selling will run the powder dry to counter paranoia fears in the indexes.
The sell off in indexes was overdone. You have to wonder to what degree was the decline due to computers trading or bots trading. The problem with bots is that technical declines trigger sell executions which in turn trigger more sell executions and so on.
As far as bonum is concerned he's entitled to express his opinions even if 14 million times. I don't hold it against him. Everyone has opinions ... as the old saying goes .... there like as*holes everyone has got one. lol
I did read bonum's posts. They are rather long and very repetitive. After the first couple I tended to skim them over quickly. If bonum was a class ramper he would know of the other old say... less is more.
For this reason I don't see him or credit him with "professionalism" you do even in the trade you allege he is involved in. Believe me the pro scam merchants can have you take your trousers off and empty your pockets without you even knowing. Bonum isn't one of them.
I did. Got the impression fatal heeded bonum's opinion and got burnt. Seems to be in some kind of vendetta but in reality he only has himself to blame.
Just as a matter of interest are you long BPC stock? Personally, I don't have a problem with your posts. Whatever axe you have to grind with bonum has nothing to do with me. If I'm honest I wasn't really giving bonums posts much thought. I have been giving IK's post thought as we struck up a conversion in French no long ago and my dog kind of likes his posts too.
It's well known. BPC though has potential to discover Mid East size gushers. This isn't a ramp. It's stated as fact in the BPC literature backed by independent assessors. That means that you can't discount completely that the sp will rocket should a discovery like that be made. It's the reason why many of us are in here - potential.