If you're sad about how things are turning, or happy even, you can always watch the pilot for Highway To Heaven for a reset, to a time when life was simpler, when Russians were actually the "enemy", when it was "Morning Again in America” still:
how should I read the Copper Inventories graph. Inventories are increasing, and price is increasing - which in general is opposite of what I might expect - obviously I am missing something.
Rick Rule is medium/longer term bullish on Copper (and I think is doing a deep dive on what you need to know re copper mining stocks in March or April); Doomberg is doing a Doom Zoom deep dive on copper as well for his Pro Tier (but its $1640CAD/$1200US a year to join the Pro Tier) which is too heavy for me. I dont have the financial bandwidth at the moment to invest in copper, as well since the stock market is rolling over, and potentially oil shooting higher this might potentially reverse copper's recent gains. No1 do what are your thoughts? Im not expecting the conflict in Iran to be a 12day affair like it was in the summer, think this is existential for both Iran and Israel, I don't expect a negotiated settlement, think this is a fight to the finish (maybe nukes from Israel?)
I'm only very lightly in copper. Mostly in gold & silver. I think the stockmarket could roll over, but generally this takes longer than expected. But I expect the US to prop it up till at least the midterms. Generally not a good look when it drops for the incumbent resident of the WH - doesn't matter which color he wears.
Copper itself: my thoughts, but don't quote me on this one as I did not research much into it, AI bubble will pop, dragging the "economy" down with it (which is basically the stock markets these days). As that goes down, copper will go down (and so will silver by the way!), gold won't be affected as much because of the bid by central banks and the reduction in dollar-assets (USTs).
Long term I'm really enthusiast about AI, but the current business models are doomed for failure. So long term: definitely more copper is needed. as is more silver.
JJ (market vibes) in his recent interview with Benny and the Squirrel https://www.youtube.com/watch?v=_kIQsSleNKU said that silver is undergoing a transition: an end to the 'Christmas squeeze' , but he believes there will be increased retail purchasing because more people have become aware of silver and gold, but gold at $5000+ per ounce is too expensive for most people. I don't have actual silver/gold, only a bit of PSLV the rest in miners and Wheaton. What are your thoughts on platinum? I bought SPPP before platinum's recent move, then a bit more during the move, but my limited understanding is that the major platinum minors are in South Africa are on JSE or LSE - any suggestions?
I own a bit of platinum, but sold my miners last week. I am consolidating. I had like 20+ stocks, and 10+ options. That became too much to follow. So I'm focusing now.
Platinum COULD run harder, but it's a tricky metal. Geopolitically they're not found in great, stable countries... And they should be twice as expensive as gold. But are only half or so.
Always look where the masses move, there is the money.
I had other things on my plate (and no liquid cash) so I didn't get into precious metals until September; still I am quite happy with the run I've had, but clearly Ive missed a few years of increase. I'm trying to look for things that have the potential to move big before they do so; which is why I have copper and platinum on my radar. What form is the platinum you have/had?
"Data center construction » office market space"
The future is now, old man...
If you're sad about how things are turning, or happy even, you can always watch the pilot for Highway To Heaven for a reset, to a time when life was simpler, when Russians were actually the "enemy", when it was "Morning Again in America” still:
https://www.youtube.com/watch?v=FFE6Ihp3kz0
https://www.youtube.com/watch?v=CS_pAB-sii8
Definitely Michael Landon's best work 😊
how should I read the Copper Inventories graph. Inventories are increasing, and price is increasing - which in general is opposite of what I might expect - obviously I am missing something.
Expectation that data centre buildout will need that inventory and more?
Rick Rule is medium/longer term bullish on Copper (and I think is doing a deep dive on what you need to know re copper mining stocks in March or April); Doomberg is doing a Doom Zoom deep dive on copper as well for his Pro Tier (but its $1640CAD/$1200US a year to join the Pro Tier) which is too heavy for me. I dont have the financial bandwidth at the moment to invest in copper, as well since the stock market is rolling over, and potentially oil shooting higher this might potentially reverse copper's recent gains. No1 do what are your thoughts? Im not expecting the conflict in Iran to be a 12day affair like it was in the summer, think this is existential for both Iran and Israel, I don't expect a negotiated settlement, think this is a fight to the finish (maybe nukes from Israel?)
I'm only very lightly in copper. Mostly in gold & silver. I think the stockmarket could roll over, but generally this takes longer than expected. But I expect the US to prop it up till at least the midterms. Generally not a good look when it drops for the incumbent resident of the WH - doesn't matter which color he wears.
Copper itself: my thoughts, but don't quote me on this one as I did not research much into it, AI bubble will pop, dragging the "economy" down with it (which is basically the stock markets these days). As that goes down, copper will go down (and so will silver by the way!), gold won't be affected as much because of the bid by central banks and the reduction in dollar-assets (USTs).
Long term I'm really enthusiast about AI, but the current business models are doomed for failure. So long term: definitely more copper is needed. as is more silver.
JJ (market vibes) in his recent interview with Benny and the Squirrel https://www.youtube.com/watch?v=_kIQsSleNKU said that silver is undergoing a transition: an end to the 'Christmas squeeze' , but he believes there will be increased retail purchasing because more people have become aware of silver and gold, but gold at $5000+ per ounce is too expensive for most people. I don't have actual silver/gold, only a bit of PSLV the rest in miners and Wheaton. What are your thoughts on platinum? I bought SPPP before platinum's recent move, then a bit more during the move, but my limited understanding is that the major platinum minors are in South Africa are on JSE or LSE - any suggestions?
I own a bit of platinum, but sold my miners last week. I am consolidating. I had like 20+ stocks, and 10+ options. That became too much to follow. So I'm focusing now.
Platinum COULD run harder, but it's a tricky metal. Geopolitically they're not found in great, stable countries... And they should be twice as expensive as gold. But are only half or so.
Always look where the masses move, there is the money.
I had other things on my plate (and no liquid cash) so I didn't get into precious metals until September; still I am quite happy with the run I've had, but clearly Ive missed a few years of increase. I'm trying to look for things that have the potential to move big before they do so; which is why I have copper and platinum on my radar. What form is the platinum you have/had?
No matter the outcome of this pissant war, it will be positive for precious metals long term.
It would have been positive either way. Geopolitical arena is very wild. Plus the printer is running...
AI space demand replaces office worker space demand...
What could go wrong"
;-(