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Old 12-02-2020, 11:54 AM   #2356
lamboguy
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no doubt that the corona has eliminated travel abroad for the past 9 months.. that in turn has kept the dollar up and gold held in check... once travel resumes with dollar will get sold off and gold will benefit from that in a big way...

as of now the dollar is over 91 and looks like its going to 88.
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Old 12-02-2020, 12:06 PM   #2357
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no doubt that the corona has eliminated travel abroad for the past 9 months.. that in turn has kept the dollar up and gold held in check... once travel resumes with dollar will get sold off and gold will benefit from that in a big way...

as of now the dollar is over 91 and looks like its going to 88.
The dollar has declined 5.4% YTD and 6.6% over the past 6 months, as measured by the DXY, so I'm not sure what you're talking about.
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Old 12-02-2020, 12:46 PM   #2358
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The dollar has declined 5.4% YTD and 6.6% over the past 6 months, as measured by the DXY, so I'm not sure what you're talking about.
that's a pretty huge move for what is supposed to be the most stable currency on the planet


you just don't lose 6.6% of your value in 6 months and get away with it for to long when you are a country like the United States.
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Old 12-02-2020, 04:13 PM   #2359
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i'd say that gold needs to get up into that 1887 range to go and make a run for the highs now.... silver is already confirmed and heading to $30.
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Old 12-02-2020, 09:04 PM   #2360
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i'd say that gold needs to get up into that 1887 range to go and make a run for the highs now.... silver is already confirmed and heading to $30.
I have $silver going in the opposite direction. $15-16 range.
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Old 12-02-2020, 09:21 PM   #2361
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that is what makes a market
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Old 12-03-2020, 02:06 PM   #2362
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the dollar is down to 90.65 now... the more stimulous dollars that get printed the less those dollar bills in your pocket will buy... the corona is a once in a life time event and there is no free lunch..
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Old 12-05-2020, 01:55 AM   #2363
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I have $silver going in the opposite direction. $15-16 range.
that is one very brave prediction in the face of all these gold and silver refiners that are closed throughout the world due to the corona and the recent breakdown in the dollar.
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Old 12-05-2020, 01:59 AM   #2364
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MP got some analyst coverage this week from 2 different brokers. both were rated buys with a price target of $25. its already trading @$23, so no big deal there..
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Old 12-07-2020, 05:39 PM   #2365
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MP got some analyst coverage this week from 2 different brokers. both were rated buys with a price target of $25. its already trading @$23, so no big deal there..
over the weekend, MP decided to make the $25 price target and surpass it. it closed the day at $27.70 and it looks like its on the way to $32.

Gold and silver are chugging on as well, however gold is still $20 below that $1887 number that needs to be hit to claim the bottom below it.. i have gold running to $1910 for now. silver looks real strong, but it trades crazy.

the other commodities look very strong like iron, copper and Uranium.. CCJ finally looks ready to run after being in a coma for the last 14 years.
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Old 12-11-2020, 05:48 PM   #2366
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first the house passed the National Defense Authorization Act 335-78. an hour later the Senate passed the bill 84-14.....that means that these passed without possibility of a presidential veto.. that means that MP Materials is going to get their federal money to build a refinery.
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Old 12-14-2020, 11:03 AM   #2367
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I hope everyone kept their SFOR.
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Old 12-14-2020, 01:43 PM   #2368
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I hope everyone kept their SFOR.
i can't believe where that one is today. there must have been some reverse splits in it, but you probably still would be ahead pretty good if you held it.. i didn't.

the one i have been stubborn on is MUX and it is nothing but a dog even with the price of copper flying.
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Old 12-14-2020, 01:49 PM   #2369
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if i remember correctly, CJ had it, he might not have sold his. i hope he didn't, and even more important, i hope his daughter is doing well. merry christmas to her
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Old 12-16-2020, 07:40 PM   #2370
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the CEO for MP is coming on televison now with Jim Cramer. now i know why it up so big today.

i usually sell the pump on Cramer, i will sell a third in the after hour market and try to buy it back next week.
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