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Old 08-15-2020, 04:15 AM   #2236
lamboguy
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Got off the Novavax roller coaster today - still rooting for the vaccine development, but it was time to take the profits and put some away for next year's tax bill. The biotech landscape is now too political and nationalistic.

Sticking to more plain vanilla stocks.
i have been buying Mosaic (MOS). this company does phosphate and potash crop nutrients. kind of boring and the dividend is only .20 per share. lets see if it livens up going forward.
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Old 08-15-2020, 04:28 AM   #2237
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for FVAC fans

https://www.industryweek.com/the-eco...eearth-magnets

no idea what this means for this company, but it can't be bad!
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Old 08-15-2020, 04:35 AM   #2238
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`American Manganese

stock has been moving recently. https://finance.yahoo.com/news/lithi...140000095.html
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Old 08-17-2020, 11:07 AM   #2239
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Buffet dumps Goldman to buy gold.

https://finance.yahoo.com/news/warre...120617572.html
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Old 08-17-2020, 11:15 AM   #2240
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Buffet also dumped Wells Fargo and Chase. but he went into Bank of America in a big way.

my guess is that there will be a consolidation of banks coming and Bank of America will gain from that.


the interesting thing about Buffet is that here are funds that mirror whatever he does, so that is going to put juice into those equity's.
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Old 08-17-2020, 10:34 PM   #2241
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This story about Warren Buffett buying gold is incorrect actually.

Buffett isn't buying gold, he is buying a gold mining company, Barrick.

Buffett bought the common stock of Barrick, a gold miner, and not the precious metal. That's a big difference.
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Old 08-17-2020, 11:08 PM   #2242
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This story about Warren Buffett buying gold is incorrect actually.

Buffett isn't buying gold, he is buying a gold mining company, Barrick.

Buffett bought the common stock of Barrick, a gold miner, and not the precious metal. That's a big difference.
yes it is 100% true, the symbol for Barrick is GOLD.


https://finance.yahoo.com/quote/GOLD?p=GOLD
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Old 08-18-2020, 09:37 AM   #2243
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watching CNBC this morning and Becky Quick stating that we are in S+P watch for new highs. what she doesn't watch is Gold going to new highs!
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Old 08-18-2020, 11:06 AM   #2244
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Apple seems to be holding up all the index's.

S+P's up so far today, i highly doubt it will hold price today, i just went short.
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Old 08-18-2020, 02:03 PM   #2245
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i like this guy, kinda like myself

https://www.kitco.com/news/2020-08-1...with-gold.html
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Old 08-18-2020, 02:30 PM   #2246
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I liked what I read in your posts about MUX, did some further investigating and bought it on Friday and bought it again yesterday.
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Old 08-18-2020, 02:42 PM   #2247
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I liked what I read in your posts about MUX, did some further investigating and bought it on Friday and bought it again yesterday.
they just did a financing today and the price is holding up. this can fall to $1.20 and be a super buy there.

the financing was done at $1.65 canadian and came with an option.

McEwen knows property around Red Lake and Timmons. the money is being spent to dig up Timmons, so there must be something there.
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Old 08-22-2020, 06:45 AM   #2248
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MUX hit 1.20 friday. that should be close to a bottom for now.

silver eagle premiums are $8 an ounce. you can sell your ounces for a $4 premium. this is a big shortage of physical gold and silver now. people are buying all over the world as an insurance policy from their governments.

right now the dollar is in the middle of a bounce. i don't think it will fall below 90 until after the US election. but it is dangerously close to falling off the cliff. this is what is keeping the metals market down as well.
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Old 08-24-2020, 08:41 AM   #2249
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APPLE taking off again this morning....
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Old 08-24-2020, 08:53 AM   #2250
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its going to take at least 2 years for the worlds economy to make a significant bounce. in our country we have lost a net amount of 13 million jobs and it doesn't look like its going to get better soon.

but copper should come back in a big way 2 years from now. within 5 years i think it will be $5 a pound in today's dollars. if the dollar gets weaker it will be higher. right now copper is slightly under $3,00 per pound. natural gas probably going to follow the same route as copper. that would be a humungus move in that market.
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