Market Bottom: Unless a Black Swan Crashes the Party

[SOL]

In the latest interim update, it was noted that TLT is now expected to rally because the pattern is complete...and palladium will soon complete the same pattern and then it will soar.
It mentioned that the last entry into the palladium market yielded gains of 600%.
Now, I was just wondering...does all of this apply to PALL ETF and palladium bullion? Or will there be new, additional plays in palladium stocks, especially once it bottoms out?

Our last foray, which brought gains of 600%, was with bullion. However, if bullion surges, then PALL, the ETF, will also surge, and we plan to issue 1-2 plays in Palladium stocks, but they'll be in the OTC markets. As for TLT, we were expecting a counter-rally before this confirmation. This positive divergence signal indicates that the rally will be more robust and last longer. However, it won't trend upwards only; nothing does. But until the pattern changes, Pullbacks must be embraced.

[stefk]

https://www.sibanyestillwater.com/busin ... t-boulder/

Mine life of Stillwater untill 2065
production cost $1586 per oz

https://www.sibanyestillwater.com/busin ... ustenburg/

Mine life until 2051
production cost $1217 per oz

With these figures, you can imagine the leverage effect when palladium will reach $2000 again in the next months....

[MarkD]

Speaking of Black Swans, where are they currently lurking? Regional Banks and CRE are still in process of finding a bottom imo.

A microbrewer I got to know moved to Nashville from SoCal 4-5 years ago. Wife was employed by Regional Bank. Worked remotely as the SoCal bank was loaning money in this area hand over fist from the bank in SoCal. Heard the exact same thing from the guy who carpeted our house in KC in 2018 before we sold and moved. He owned multiple rentals and HiS banker told him NY money was flooding that market, driving up prices.

FWIW, she has returned to live in SoCal for the time being as there is a loan mess out there which is creating a need for bank closures. I am seeing a ton of REIT recommendations from some feeds I receive and they look very attractive with potential for 20% Total Returns. Here's one for your evaluation:

https://ibb.co/kc4CcS4

On another note, Sol mentioned Turkish Lira plays previously, so my question, is there any possiblity of an Argentine Peso play now that they have devalued following Milei's ascension. Lira denominated bonds are paying 18-20% based upon my reading and FDI may be headed that way if he is able to move towards a market economy quickly.

Everbank has foreign currency CDs but I don't know of another broker who works in this niche.

[harryg]

In the latest interim update, it was noted that TLT is now expected to rally because the pattern is complete...and palladium will soon complete the same pattern and then it will soar.
It mentioned that the last entry into the palladium market yielded gains of 600%.
Now, I was just wondering...does all of this apply to PALL ETF and palladium bullion? Or will there be new, additional plays in palladium stocks, especially once it bottoms out?

PALL ETF is a fair proxy for Palladium.

[stefk]

https://news.metal.com/newscontent/1025 ... -11-months

The surge in palladium price comes from panic buying, from UK sanctions against russian metals

[Expert]

https://news.metal.com/newscontent/1025 ... -11-months

The surge in palladium price comes from panic buying, from UK sanctions against russian metals

So, Is it still expected to release some steam?

[bpcw]

https://news.metal.com/newscontent/1025 ... -11-months

The surge in palladium price comes from panic buying, from UK sanctions against russian metals

So, Is it still expected to release some steam?

Nothing goes up in a straight line, well almost never, bound to let out steam at some point but I'm not going to guess when and sell as I'm still down but it's looking a lot better. If you've bought near the bottom and are sitting on nice profits you could trim as it goes up and buy more as it pulls back but this one has a long way to run I suspect. Possibly it could pull back a lot but it's guess work imho, if you're in it for the long run then you should make good profits.

[Expert]

https://news.metal.com/newscontent/1025 ... -11-months

The surge in palladium price comes from panic buying, from UK sanctions against russian metals

So, Is it still expected to release some steam?

Nothing goes up in a straight line, well almost never, bound to let out steam at some point but I'm not going to guess when and sell as I'm still down but it's looking a lot better. If you've bought near the bottom and are sitting on nice profits you could trim as it goes up and buy more as it pulls back but this one has a long way to run I suspect. Possibly it could pull back a lot but it's guess work imho, if you're in it for the long run then you should make good profits.

Of course...I ask because I'm looking to deploy much more money into it...but I'd like to get in at the best possible price, as TI always suggests.
Just wondering if it will ever get below $100 again. What isn't fortunate is that is only went below $87 (TI's final suggested entry price) briefly a couple times before immediately climbing back up. And I missed both of those entry points because they seemed to last very briefly.

[SOL]

I previously mentioned adding more than one lot to this particular investment. We consistently emphasised that it presented a compelling/screaming opportunity because its value had been pushed unusually low.

As I banked profits from other holdings per the instructions from the Market Update service, I allocated more funds to Palladium. I might consider taking some profits, with a clear intention to reinvest these funds, because I've committed two lots to this strategy. My primary focus is on the long term, so even if I consider taking some profits (with the key word being "if"), I plan to retain most of this position for an extended period. The long-term pattern is highly bullish.

I wouldn't be surprised if it surpasses the 240 mark at some point, and as BPCW pointed out, assets rarely move in a straight line. When a good stock or a vital commodity experiences a substantial decline, it's often an opportune time to buy. Take ALB, for instance — observe how quickly it recovered a significant portion of its losses.

[MarkD]

Hot off the presses

https://www.reuters.com/markets/rates-b ... 024-03-21/