Stock Market Prediction

[FakeNameChanged]

Originally Posted by lamboguy

there is a company called Monetary Metals where you can ship them your gold or silver, they lease it out for you, and you get 2.2 % dividend every year.. the leases last between 6 months and a year. if you need your metal or cash you can't get it until that particular lease is complete... the metals get leased out to either jewelry companies or bullion dealers.

I see for each buy/sell of Gold or Silver at $99,999.99, they charge $500 commission each way. Sounds kind of high. Pct. goes down a tenth of a percent over 100K and over 250K. That's a thousand bucks comm. on a 100K sale. If you're just going to store existing metals with them, it may be okay. If you break the one year's term lease agreement, is there an added fee, or do you just lose the interest?

[ReplayRandall]

Originally Posted by lamboguy

there is a company called Monetary Metals where you can ship them your gold or silver, they lease it out for you, and you get 2.2 % dividend every year.. the leases last between 6 months and a year. if you need your metal or cash you can't get it until that particular lease is complete... the metals get leased out to either jewelry companies or bullion dealers.

Meanwhile inflation is up 5% and heading for hyper-ville.....Time to gamble?

[lamboguy]

Originally Posted by ReplayRandall

Meanwhile inflation is up 5% and heading for hyper-ville.....Time to gamble?

as you know there is only one thing better than gold, that is MORE GOLD. they pay you off the interest in GOLD not FAKE MONEY.

[ReplayRandall]

Originally Posted by lamboguy

as you know there is only one thing better than gold, that is MORE GOLD. they pay you off the interest in GOLD not FAKE MONEY.

Silver is the answer, not gold....But I'll physically always need both, just more silver % wise.

[lamboguy]

Originally Posted by FakeNameChanged

I see for each buy/sell of Gold or Silver at $99,999.99, they charge $500 commission each way. Sounds kind of high. Pct. goes down a tenth of a percent over 100K and over 250K. That's a thousand bucks comm. on a 100K sale. If you're just going to store existing metals with them, it may be okay. If you break the one-year's term lease agreement, is there an added fee, or do you just lose the interest?

you are talking 1/2%. if you go to a Swiss Vault outside the Switzerland banking system, you are paying 3/4% per year. on the lease, you don't always get one that opens up. and if you do, their fee is already built-in. there is no protection from the US government in the Monetary Metal's vault. if the government wants your gold for any reason, they can just make a law and go in and get it. in a private Swiss Vault, the US government cannot attach it, in the contest of a Swiss Bank, the US government can go in and scoop it up.

https://goldswitzerland.com/

[FakeNameChanged]

Originally Posted by lamboguy

you are talking 1/2%. if you go to a Swiss Vault outside the Switzerland banking system, you are paying 3/4% per year. on the lease, you don't always get one that opens up. and if you do, their fee is already built-in. there is no protection from the US government in the Monetary Metal's vault. if the government wants your gold for any reason, they can just make a law and go in and get it. in a private Swiss Vault, the US government cannot attach it, in the contest of a Swiss Bank, the US government can go in and scoop it up.

https://goldswitzerland.com/

Why are you suddenly talking the Swiss banking system? I thought Monetary metals was based in Arizona? That 1/2% commission quickly grows to 1% with a buy and a sell.
I google-mapped their location, looks likd they're right next to Franco's Italian Caffe in Scottsdale. Can't find where their vaults are located, probably a secret.
https://www.google.com/maps/@33.4994...4!8i8192?hl=en

[lamboguy]

Originally Posted by FakeNameChanged

Why are you suddenly talking the Swiss banking system? I thought Monetary metals was based in Arizona? That 1/2% commission quickly grows to 1% with a buy and a sell.
I google-mapped their location, looks likd they're right next to Franco's Italian Caffe in Scottsdale. Can't find where their vaults are located, probably a secret.
https://www.google.com/maps/@33.4994...4!8i8192?hl=en

i never said they were in Switzerland.. i am just trying to give you the plus and negative of varies different options. the vaults that Monetary Metals use are in Delaware.

[lamboguy]

the monthly inflation rate went to 4/99%. that might be the top of the inflation. if so, and bond yields drop and the dollar puts in a low, gold and silver could get hit.. the silver held up better than gold for now. this in turn would have an effect on MUX, should that be the case..MUX is a high-cost producer and needs a higher price.

I am just speculating with all this. so I could be wrong and this turns out to be the mother run for precious metals. I am just finding reasons to be wrong.

[lamboguy]

https://shortsqueeze.com/?symbol=mux...Quote%E2%84%A2

[lamboguy]

op Institutional Holders
Holder Shares Date Reported % Value
Van Eck Associates Corporation 22,340,880 Mar 30, 2021 4.87% 23,234,515
Weiss Asset Management LP 15,165,017 Mar 30, 2021 3.30% 15,771,617
Condire Management, LP 11,066,311 Mar 30, 2021 2.41% 11,508,963
Blackrock Inc. 8,341,178 Mar 30, 2021 1.82% 8,674,825
Mirae Asset Global Investments Co., Ltd. 7,482,756 Mar 30, 2021 1.63% 7,782,066
Vanguard Group, Inc. (The) 6,164,182 Mar 30, 2021 1.34% 6,410,749
Invesco Ltd. 5,368,991 Mar 30, 2021 1.17% 5,583,750
ETF Managers Group, LLC 4,009,249 Mar 30, 2021 0.87% 4,169,618
Susquehanna International Group, LLP 2,506,494 Mar 30, 2021 0.55% 2,606,753
Geode Capital Management, LLC 2,495,278 Mar 30, 2021 0.54% 2,595,089

Top Mutual Fund Holders


Holder Shares Date Reported % Out Value
VanEck Vectors ETF Tr-Junior Gold Miners ETF 20,857,027 Apr 29, 2021 4.54% 25,028,432
Global X Fds-Global X Silver Miners ETF 7,797,302 Apr 29, 2021 1.70% 9,356,762
Vanguard Extended Market Index Fund 4,623,485 Mar 30, 2021 1.01% 4,808,424
ETF Managers Tr-ETFMG Prime Junior Silver ETF 4,009,249 Mar 30, 2021 0.87% 4,169,618
Invesco Gold & Special Minerals Fund 2,400,000 Jan 30, 2021 0.52% 2,904,000
Sprott Junior Gold Miners ETF 2,060,155 Mar 30, 2021 0.45% 2,142,561
Fidelity Extended Market Index Fund 1,484,745 Mar 30, 2021 0.32% 1,544,134
iShares MSCI Global Gold Miners ETF 1,369,210 Mar 30, 2021 0.30% 1,423,978
Vanguard Materials Index Fund 1,061,150 Feb 27, 2021 0.23% 1,177,876
Schwab Strategic Tr-Schwab U.S. Small Cap ETF 926,340 Feb 27, 2021 0.20% 1,028,237

[geroge.burns99]

Why couldn't the Feds keep their mouths shut!!!

People are still suffering from Covid era and still aren't
on their feet...

Just a way to make everyone suffer...

[shots]

https://www.cnbc.com/2021/06/17/davi...uncements.html

[FakeNameChanged]

Originally Posted by FakeNameChanged

Commodities should continue to be strong until the dollar gets back on its feet. Government handouts working in reverse.

It looks to me like the $USD made a bottom 4 days after I posted this. Commodities on the ropes lately. Oil and metals. The dollar is above its 150 day Moving average now.

[ReplayRandall]

Financial institutions flush with cash have flocked to the Federal Reserve's reverse repurchase (RRP) facility, loaning the U.S. central bank money at 0% interest and raising concerns in the bond market that key short-term interest rates could actually fall below zero.

Twitter

[JoeLong]

key short-term interest rates could actually fall below zero

If and when that happens money markets could lose their peg no telling what happens next. Inflation buzz is just noise in the machine, distracting but not currently tradeable. What are you gonna do, buy TIP's?