I don't see US attacking Iran without suffering enormous damage.
Could go up more by mid-year. It depends on how US fair with this monetary policy.
At the same time, it will be a good opportunity to buy financial assets besides commodities.
Silver?
- Thread starter Rukos_48
- Start date
At the same time, it will be a good opportunity to buy financial assets besides commodities.
Commodities are in a supercycle - personally I will go heavy silver, uranium, platinum and potash stocks.
They are moving steady.
Gold
Platinum
Silver
It doesn't mean anything. The country is still independent from US government.
US can't afford to sent massive troops without going bankrupt.
Plus Russia, Pakistani and China won't allow US to take over Iran without paying the heavy price.
lol pretty sure other leaders will do what US wants so they don't get Maduro'd.
It is two things that is raising the tide for all boats, the general fear of inflation and AI WTF. To counter the fear of inflation, I think gold is the best commodity. To take advantage of AI WTF you want commodities directly used by Nvidia to make their servers, if Jensen says he needs longdicknium, I would long longdicknium.
Uranium, platinum and potash is at best tangentially related to AI and gold is a better hedge against inflation IMHO.
Gold and silver are the only commodities I hold.
To each their own. Some long term ratio charts are showing platinum and uranium will outperform.
Silver going over 100 in next week or so. Wheeee!!!
Gold momentum and geopolitics looks like 5000 by March at latest.
Playing the bigger miners and some juniors for leveraged returns. Their valuations still lag the pricing.
US will strike something in Iran to send a message. Oil looks like a good short term trade but not a longer hold this year. Look for 70 dollar WTI
Gold momentum and geopolitics looks like 5000 by March at latest.
Playing the bigger miners and some juniors for leveraged returns. Their valuations still lag the pricing.
US will strike something in Iran to send a message. Oil looks like a good short term trade but not a longer hold this year. Look for 70 dollar WTI
Probably. We will see how it goes.
It is always about distance and timing too.
It seems US and Iran are on high alert.
Good luck.
wheeeeeee! Big open on Monday morning I think. And more geopolitical fireworks likely at Davos this week. Gold 4825 this week at least and silver minimum 97-98…the problem is that markets generally will drop so watch your whole portfolio. Pissed off Europeans will be dumping US Treasuries and other investments
If inflation and rising industrial demand are the only factors
driving up the price I would say silver market is already in the
bubble territory.
In my view the major driving force in the dynamics of gold
and silver prices is the shift in paradigm in the world of
currencies. People are losing faith in fiat currencies. People
in India and China and sooner or later central banks in the
developing world as well will be turning to gold and silver as
the safe haven alternative to the USD. I won't rule out the
possibility of silver price pulling back to $80 or even $70. But
if I am expecting silver to rise to anywhere within $300--$1000
in the next 2 to 3 years I won't want to sell my silver mining
shares or bullion in anticipation of a correction.
driving up the price I would say silver market is already in the
bubble territory.
In my view the major driving force in the dynamics of gold
and silver prices is the shift in paradigm in the world of
currencies. People are losing faith in fiat currencies. People
in India and China and sooner or later central banks in the
developing world as well will be turning to gold and silver as
the safe haven alternative to the USD. I won't rule out the
possibility of silver price pulling back to $80 or even $70. But
if I am expecting silver to rise to anywhere within $300--$1000
in the next 2 to 3 years I won't want to sell my silver mining
shares or bullion in anticipation of a correction.
Agreed. Standing pat on my miners as well. Also increasing my exposure to Nat Gas. I think the bottom is in for years to come....
I am betting energy service companies specialized in
natural gas drilling will explode as well like silver mining
stocks in the next few years.
natural gas drilling will explode as well like silver mining
stocks in the next few years.
I just picked up another 250 shares of Cenovus Energy near the end of trading today. $24.52. Conservative projection is $30 by end of 2026.
Last week I bought 50 shares of Agnico Eagle Mines at about $277. Last I saw they were trading around $289. 4.33% not bad for less than a week. I've seen projections into the mid $300's by end of this year.
I almost bought TSM Taiwan Semiconducter Manufacturing it was down about 4.5% today but I held off. I think there's a bit more room for it to fall. If that happens then I'll jump in. Not a big position maybe 20 or 25 shares.
