KDave

Biden straight to business with an airstrike.   I was expecting gold to react but nothing yet.
https://www.forbes.com/sites/joewalsh/2021/02/25/biden-launches-airstrike-against-iran-backed-militia-in-syria/
  

Yep you will see oil easily hitting 100$ a barrel this year. The commodities super cycle is here now. I own 6000 shares in BP

After selling it by mistake in the autumn - I'm back in boys.
outside of a crash I Cant see it going much lower than this & the dividend is worth it for a longer time hold. 

Going back to where I started.
I have cashed out of a lot of stocks now (mostly at a profit)  and am looking at a longer term strategy. 

I shall share my plan with your guys and see what you think??

those who claim silver is worth $1k/toz in the near future should put their money where their mouth is.
I'm willing to sell all of my bullion silver holdings today to any that is willing to pay half of that price.
or maybe it's only worth that price when they are the ones doing the selling?
 
HH

on the futures market you sell something that doesn't currently exist.
eg when a farmer sells the wheat that he has yet to grow on the futures market.
(for those who haven't worked it out, 74 of the 75 silver ounces sold are futures market sales.
ie they are selling 75 different ounces, not 75 times the same ounces as silver pumpers are
claiming that it is)
 
HH

Well I haven't chimed in here yet but...
From what I read on Kitco and elsewhere there is plenty of silver available but in the form of 1000 oz industrial dore bars. "Investment grade" silver is really just table scraps. Buying a tube or so of Eagles or a handful of 2 oz Queen's Beasts is not really going to move the market, just make the premiums higher.
I have seen this happen before. Not an expert by any means but I have been stacking since the 2011 run up.
 

Interesting perspective, it is true that big oil is an easy target given the environment (politically I mean). But in our legal system, if its not a specific event I don't see how 'damage to the environment' can be laid on the producers, who's fault is the damage to the environment, the guy producing it or the guy burning it in his car. Deep water horizon has cost BP tens of billions already, but it was specific to them. Shell's problems in Nigeria are specific to spills. If the green lobby are serious though the way they would do it is political lobbying for charges or taxes of some kind, Biden has already done some damage to the market with his no fracking, but this is ironically good for oil producers who now have reduced capital expenditure, and bad for everyone else who will be paying the resulting high prices in a few years. 
On juniors I have no recommendations, I am going to look at what the funds are doing and research from their picks first.

Although I think the oil price will continue to recover, I am reluctant to buy big oil like BP and Shell because I think it is only a matter of time before the environmental lobby try to sue them for damaging the environment. I am on the lookout for undervalued juniors that may go under the radar. Canadian Natural Resources (CNQ) looks good value, but is probably too big. Reconnaissance Energy Africa (RECO.V) is a good size but it may be a little expensive given that it has had a strong run already in the last three months. Any other ideas?

The redditors who attempted to create a short squeeze on silver were also pretty naive. For one thing, the physical silver market is more than 20 times the size of GME, so it is a big target. For another, SLV does not have to rush out and buy physical silver just because their unit price goes up. They issue and redeem baskets of 50,000 units at a time, so they can ride out a period of volatility. Buying PSLV (the Sprott physical ETF) was even more pointless. It is a closed-end fund, so buying it just pushes up the premium of the unit price over the NAV of the silver it owns. It now stands at a premium of 1.3%.

I had a look, they lost money achieving roughly same average price per barrel as previous quarter. That means at current oil price they are now making money (this quarter). The most important thing for me is that the have reduced debt - this is a good sign. Second to that is talk of starting share buy backs within the year, this is also good news but I would like to top up this year before the price moves up ideally. 
My only concern with BP is the management, they are going big on the green, which is where the losses are. I did read the other day though that they had defended their Russian projects, those are where the money is. If they sell their stake in Russia I will dump BP and move into another company that isn't going to destroy itself. So far so good though. 
Dividend maintained, can't ask for more given the yield. Happy to hold and see what management decides to do this year. 

Looking at the dozens of "for sale" posts that have arrived the past 12+ hours, it nice us die hard long time silver stacker folk who have been on the forum for years have confidence silver is going to the moon and HODL'ing 😁😆😅🤣 
 

I'm now laughing at the reddit crowd. My gut feeling is they've all been done up like kippers. The hedge funds have pulled out of GME and the only people holding this c**p stock are the retail investors. It isn't going to sky rocket, it's going to wander about a bit and then crash and burn. 
The winners? Gamestop, because they sold enough extra shares to stave off going out of business, and the brokers, fx providers and clearing houses who have made huge profits from the increase in trades. 
Losers? Anyone still holding GME stock thinking they are part of some sort of rebel army and thinking they are going to be rich. 

I cashed out all my stock on Trading212.
I withdrew all the money and instead of paying me a lump sum they paid me in dribs and drabs of low denominations I.e. £10, £15, £17 etc.
Smells very ponzi to me, are they paying out with people's recent deposits?

I hope you weren’t serious? Best start looking before the memory gets worse. Get the dog to help, it’s the least he can do!!
I guess in 2,000 years someone will find your stack, like we are finding the Romans and Vikings.
Best of luck!

Is it time to short GME yet? Must be due a move back to $20 soon. 

😂

They all crashed and burnt apart from SPCE.
AMC was -50% the last time I looked. Nokia dies a death. 
I still have Invivo & T2 bio systems, but will sell them I think. 
Gonna hold onto Genius brands though & average down. 

Everyone is working on the silver market now. Fine buy me.  
I have 12k mining shares that in the green now. 

The crime seem to taken control of the situation, probbaly dumped a load of paper onto the Market, but I feel it might bounce back again. 
Removed £600 from Pan American though, incase it goes back to the bottom again tomorrow.

I've been offered 3 jobs this year in Africa in the oil industry, specifically exploration.
The first is 3 months in Namibia, followed by Botswana and Zambia.
It's not for me but there is still a lot of interest and companies are willing to invest in oil and gas extraction.

spot on. 

I think thats a perfectly sane way to do things. Enter in a position in a 3-4 month time frame at the best point possible depending on the cycle. 
If it dips buy more, if not don't. If the market tanks completely (-40%), just buy the position that held strong before & was not such a bargain.
If we are talking mining stocks then i would look at the big dividend mines that produce Silver, gold, copper and other key metals, like platinum & nickel. 

I think a creative rennasance is on our doorstep with a huge jump up in general intelligence & creativity.
Elon musk types will be normal in 200 years time, but thats very subjective.
I am astounded at my own cognitive upgrades personally as Im a lot more intelligent though self study, but maybe thats also age?

Yes there may well be a big transition out of tech and into other things that could last some time?
The 4th industrial revolution with ai, EV's space, robotics & other stuff seems imminent though.
A lot of new sectors rot come & things that have not been invented yet (Human hardware upgrade tech  ). 

At the moment that has to be tangibles and thats all I am considering and have considered from day one. 
If I can touch and feel it and its deemed as a physical and useful asset then thats all good for me.
Silver is no1 on my list, then copper and gold. 

 

100% spot on
Speculation and then momentum can carry things a long way before any fundamentals enter the picture
I drew in a bottoming pattern for Shell with a top at 10, I wanted fundamentals to bring it above that an as entry, vaccine news sparked it to life and I wasn't interested because it was rising from speculation, but speculation was always likely to front run real recovery in demand
In certain situations it's better just to go with the tide whether you think the move is sound, too soon or anything else