palladium

[stefk]

Today, my second deployment in SBSW at $3,89.

[MarkD]

Right there with you.

[stefk]

OK Mark, lets now wait,.... a good wind, a good trade wind that will push our sailship till the 20s.....

[SOL]

I currently have an oversized position in PALL and a reasonably large amount in SPPP. I have a decent position in SBSW that I will keep adding to. Additionally, I'm allocating some funds to a few higher-risk ventures. These ventures are a hit or miss, but I'm okay with that, given that I'm only investing small amounts.

[Cinnamon]

Any thoughts on Quest Critical Metals Inc. (DCNNF): A speculative penny stock in the Palladium Arena

[stefk]

Any thoughts on Quest Critical Metals Inc. (DCNNF): A speculative penny stock in the Palladium Arena

"""""Additionally, I'm allocating some funds to a few higher-risk ventures. These ventures are a hit or miss, but I'm okay with that, given that I'm only investing small amounts.""""" (Sol)

If you are OK with higher risk, like Sol, why not.

I also invest in higher risk ventures, but only for pure fun. PLG, the Japanese are on this one, they need a lot of palladium, for their Toyota PRIUS production.......

https://www.platinumgroupmetals.net/news/default.aspx
https://www.platinumgroupmetals.net/wat ... fault.aspx

2,5gr/T.......shallow mine project.....20 M oz............market cap only 110 M........

[AstuteShift]

Interesting that Nvidia from it's previous high in Nov 2021 to it's low in Oct 2022 was down 69%, Palladium is currently 75% down.

Look where Nvidia is now and all the FOMO's will think it can never go down much!

It's challenging not to ponder, "What if I had just gone with the flow? Maybe I should sell now and join the bandwagon." However, I recall the dot.com boom when many experts ridiculed Buffett and Munger for not hopping on the dot.com express. But when the boom ended, this duo emerged as geniuses, while those experts disappeared into the annals of history.

I took modest profits on part of my investment when PALL traded in the 106 to 110 because I had over-invested in it( I exceeded two lots by mistake). When I say I made a profit, I mean it was profitable based on the last two entry points, even though overall, I was and still am in the red. However, I experienced something very similar, and probably worse, when I initially invested in Gold in 2003.

In the end, nothing changes. We still feel the urge to jump in and chase the next big thing. We are instinctively drawn to follow the crowd. The only thing that saves us is learning from past experiences and the knowledge that the party always ends with a shock.

I took my profits from bitcoin which was huge and went big on SPPP

Now I’ll just sit and wait. Go on vacation.

If palladium goes above it’s ATH, we can see some fireworks, fine example is cocoa lol

[bpcw]

Interesting that Nvidia from it's previous high in Nov 2021 to it's low in Oct 2022 was down 69%, Palladium is currently 75% down.

Look where Nvidia is now and all the FOMO's will think it can never go down much!

It's challenging not to ponder, "What if I had just gone with the flow? Maybe I should sell now and join the bandwagon." However, I recall the dot.com boom when many experts ridiculed Buffett and Munger for not hopping on the dot.com express. But when the boom ended, this duo emerged as geniuses, while those experts disappeared into the annals of history.

I took modest profits on part of my investment when PALL traded in the 106 to 110 because I had over-invested in it( I exceeded two lots by mistake). When I say I made a profit, I mean it was profitable based on the last two entry points, even though overall, I was and still am in the red. However, I experienced something very similar, and probably worse, when I initially invested in Gold in 2003.

In the end, nothing changes. We still feel the urge to jump in and chase the next big thing. We are instinctively drawn to follow the crowd. The only thing that saves us is learning from past experiences and the knowledge that the party always ends with a shock.

I took my profits from bitcoin which was huge and went big on SPPP

Now I’ll just sit and wait. Go on vacation.

If palladium goes above it’s ATH, we can see some fireworks, fine example is cocoa lol

I made some nice profit on crypto's myself and also sold but will be looking to repurchase some after an overdue pullback. I see you mentioned waiting for 40k, not sure we'll go that low but you've obviously done very well and it seems you only look for extreme entries, palladium being an example.

Do you mind me asking what rough percentage you earnt rather than absolute money amounts. I made around 150% on Microstrategy and around 50% on a couple of other investments, nothing extraordinary for crypto's but I won't complain, only invested modest percentages of my portfolio?

You seem a very patient investor waiting for the extreme lows, cannot argue with that!

[AstuteShift]

It's challenging not to ponder, "What if I had just gone with the flow? Maybe I should sell now and join the bandwagon." However, I recall the dot.com boom when many experts ridiculed Buffett and Munger for not hopping on the dot.com express. But when the boom ended, this duo emerged as geniuses, while those experts disappeared into the annals of history.

I took modest profits on part of my investment when PALL traded in the 106 to 110 because I had over-invested in it( I exceeded two lots by mistake). When I say I made a profit, I mean it was profitable based on the last two entry points, even though overall, I was and still am in the red. However, I experienced something very similar, and probably worse, when I initially invested in Gold in 2003.

In the end, nothing changes. We still feel the urge to jump in and chase the next big thing. We are instinctively drawn to follow the crowd. The only thing that saves us is learning from past experiences and the knowledge that the party always ends with a shock.

I took my profits from bitcoin which was huge and went big on SPPP

Now I’ll just sit and wait. Go on vacation.

If palladium goes above it’s ATH, we can see some fireworks, fine example is cocoa lol

I made some nice profit on crypto's myself and also sold but will be looking to repurchase some after an overdue pullback. I see you mentioned waiting for 40k, not sure we'll go that low but you've obviously done very well and it seems you only look for extreme entries, palladium being an example.

Do you mind me asking what rough percentage you earnt rather than absolute money amounts. I made around 150% on Microstrategy and around 50% on a couple of other investments, nothing extraordinary for crypto's but I won't complain, only invested modest percentages of my portfolio?

You seem a very patient investor waiting for the extreme lows, cannot argue with that!

I aim for 100 percent gains, however this crypto cycle I selled at 81 percent gain but I was taking 100 percent total risk of my capital.

With palladium, I’m going to just wait and relax. Indicators are very oversold and it does not take much for this market to move

[bpcw]

I took my profits from bitcoin which was huge and went big on SPPP

Now I’ll just sit and wait. Go on vacation.

If palladium goes above it’s ATH, we can see some fireworks, fine example is cocoa lol

I made some nice profit on crypto's myself and also sold but will be looking to repurchase some after an overdue pullback. I see you mentioned waiting for 40k, not sure we'll go that low but you've obviously done very well and it seems you only look for extreme entries, palladium being an example.

Do you mind me asking what rough percentage you earnt rather than absolute money amounts. I made around 150% on Microstrategy and around 50% on a couple of other investments, nothing extraordinary for crypto's but I won't complain, only invested modest percentages of my portfolio?

You seem a very patient investor waiting for the extreme lows, cannot argue with that!

I aim for 100 percent gains, however this crypto cycle I selled at 81 percent gain but I was taking 100 percent total risk of my capital.

With palladium, I’m going to just wait and relax. Indicators are very oversold and it does not take much for this market to move

Thanks for your response.

Not for the faint hearted that investment strategy but obviously successful for you.

[AstuteShift]

I made some nice profit on crypto's myself and also sold but will be looking to repurchase some after an overdue pullback. I see you mentioned waiting for 40k, not sure we'll go that low but you've obviously done very well and it seems you only look for extreme entries, palladium being an example.

Do you mind me asking what rough percentage you earnt rather than absolute money amounts. I made around 150% on Microstrategy and around 50% on a couple of other investments, nothing extraordinary for crypto's but I won't complain, only invested modest percentages of my portfolio?

You seem a very patient investor waiting for the extreme lows, cannot argue with that!

I aim for 100 percent gains, however this crypto cycle I selled at 81 percent gain but I was taking 100 percent total risk of my capital.

With palladium, I’m going to just wait and relax. Indicators are very oversold and it does not take much for this market to move

Thanks for your response.

Not for the faint hearted that investment strategy but obviously successful for you.

Over the years, I’ve learned to stomach the acid of this strategy. Also, this strategy is pretty advanced, but it teaches you MP very quickly

If the masses hate a particular market, then it’s best to accumulate and not diversify. Diversification can hinder ultra gains in exchange for safety

If the masses love a particular market, it’s best not to bother. Euphoria and greed can wreck your gains

[MarkD]

Personal note on EV. Dealer called and wants to purchase mine. Also noted there is a dealer on tweeter I follow. 20% of the cars sold last week were EVs.

Not sure this is entirely a valid point as I own an ICE and had a hybrid for over a decade. All work fine but EV has that charging limitation.

Also read on tweeter Cali is heavily providing credits to buyers so my guess is this car would be shipped. Have not received a quote but will be looking into that possibility.

Really looking at getting a hybrid SUV for the road but with Jo getting ready to deplete the SPR and going after Venezuela the EV may be worth keeping a bit longer...

[stefk]

I really think to buy a toyota hybrid in the near future. And I always drove FORD cars, I am a faithful guy ....but....

....................................................................

https://platinuminvestment.com/investme ... m-benefits

What I think about palladium. The Russians are cash thirsty, to produce the weapons to fight the west in Ukraine.

Therefore, now they are obliged to sell all their PGM reserves. And when the shelves will be empty, in the near future.....

"""While Nornickel noted that “it will remain a reliable supplier” despite sanctions, rising trade barriers and significant Indonesian nickel supply growth (which is also selling into China and India) likely suggests that Russian base metal production (and consequently PGM output) will not grow as was targeted prior to 2022."""

[SOL]

I really think to buy a toyota hybrid in the near future. And I always drove FORD cars, I am a faithful guy ....but....

....................................................................

https://platinuminvestment.com/investme ... m-benefits

What I think about palladium. The Russians are cash thirsty, to produce the weapons to fight the west in Ukraine.

Therefore, now they are obliged to sell all their PGM reserves. And when the shelves will be empty, in the near future.....

"""While Nornickel noted that “it will remain a reliable supplier” despite sanctions, rising trade barriers and significant Indonesian nickel supply growth (which is also selling into China and India) likely suggests that Russian base metal production (and consequently PGM output) will not grow as was targeted prior to 2022."""

Another factor to consider is the possibility of halting production to artificially spike prices. Despite all the gloom and doom about the Russian Economy, according to the IMF's projections, Russia is expected to outpace all advanced economies.

The International Monetary Fund (IMF) expects Russia to grow 3.2% this year, significantly more than the UK, France and Germany.

Oil exports have "held steady" and government spending has "remained high" contributing to growth, the IMF said.

Overall, it said the world economy had been "remarkably resilient"

"Despite many gloomy predictions, the world avoided a recession, the banking system proved largely resilient, and major emerging market economies did not suffer sudden stops," the IMF said.

The IMF is an international organisation with 190 member countries. They are used by businesses to help plan where to invest, and by central banks, such as the Bank of England to guide its decisions on interest rates.

The group says that the forecasts it makes for growth the following year in most advanced economies, more often than not, have been within about 1.5 percentage points of what actually happens.

Despite the Kremlin being sanctioned over its invasion of Ukraine, the IMF upgraded its January predictions for the Russian economy this year, and said while growth would be lower in 2025, it would be still be higher than previously expected at 1.8%.

Investments from corporate and state owned enterprises and "robustness in private consumption" within Russia had promoted growth alongside strong exports of oil, according to Petya Koeva Brooks, deputy director at the IMF.

Russia is one of the world's biggest oil exporters and in February, the BBC revealed millions of barrels of fuel made from Russian oil were still being imported to the UK

https://www.bbc.com/news/business-68823399

[MarkD]

This came across my yt feed over the weekend.

https://youtu.be/3nBHGm-J-bc?si=clbd1vK8LrDJ9BL0