This image is as of yesterday, a weekly cross over for commodities normally results in a swift correction, and you can make a good profit shorting, but you have to be nimble. Does anyone else trade commodities?
Apologies this is under stock plays but I couldn't create a forum, guess that's for admins only.
Commodities
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bpcw
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Commodities
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The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.
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stefk
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Re: Commodities
I invest in commodities via some junior mines. And this week, I sold out a lot of shares of my silver mine IVR
« To plant a garden is to believe in tomorrow »
– Audrey Hepburn
– Audrey Hepburn
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Yodean
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Re: Commodities
I do a little bit, if you consider metals/minerals "commodities," which I do - these generally include gold, silver, platinum, copper, nickel, and uranium proxies for me. Mostly I HODL a certain allocation of these in my portfolio, with occasional trimming of positions, or adding when cheap.
Because of the potential for a significant USD rally in the near future, I've kept my "Metals/Minerals" allocation on the low side.
The picture's a bit murky at the moment.
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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bpcw
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Re: Commodities
Thanks for replies, I have the equivalent of 5 lots shorting oil which is doing well, and shorting gas also doing well.
I consider energy, metals including PMs, grains etc as commodities!
I consider energy, metals including PMs, grains etc as commodities!
The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.
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stefk
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- Joined: Fri Oct 02, 2020 6:49 pm
Re: Commodities
https://youtu.be/KSeenv8lDP0?si=xCFctqysnR485jVJ
""COMEX was never designed to be a delivery mechanism, this is why its harder to suppress the price of gold and silver, because when the prices are suppressed, sovereign nations and hedge funds say OK, we take delivery. It becomes now a dangerous game to suppress gold and silver""
""COMEX was never designed to be a delivery mechanism, this is why its harder to suppress the price of gold and silver, because when the prices are suppressed, sovereign nations and hedge funds say OK, we take delivery. It becomes now a dangerous game to suppress gold and silver""
« To plant a garden is to believe in tomorrow »
– Audrey Hepburn
– Audrey Hepburn