808
@prpl8
Memento mori
Profits High Employment High Buybacks High Deferrals High Debt Service Low Spreads Low Taxes Low Valuations High HH Stock Allocation High(est) US Stock Weight High(est) 2025 seems like its going to be a fun year, but sometime this Presidential term it will all roll over
back in Ivanhoe Mines $IVN in a big way was a 5x out of COVID til I sold in 2022, back in again now at around same price I sold but a lot has happened + developed huge copper mine in Congo to production + developing PGM in SA + exploring Zambia - flooding in Congo
lil missive for all the oilbro inventory panicans (un)ironically, USA inventory down basically similar amount over this interval why would trafigura et al pay to store oil in USA during backwardated market instead of ship it to China?
what if Epstein-gate brings this thing down before new fed chair???? oh crap, reel in the lottos
another great pod from these guys about investing in mining I am not exploreco investor really but I found this very informative and interesting
Finding Alpha Where Others Fold with Muddy Waters’ Darren McLean 🔗 youtu.be/VYA3S3N-dgQ • Seeing billions in value creation from drill results • The criteria for a company being taken out • Why shorting is even harder than you think
The competitive devaluations are going to be wild
At his direction. And at Ueda’s direction, the yen will depreciate by 15%.
sold most of my gas names recently, starting to poke around in oil missed the chance in April looking to buy CNQ and royalty cos on the cheap oil will eventually have to move up, once OPEC takes its share back and Permian is again the marginal supply
Energy - sea of red with the only green being some natural gas names And a Phil Mickeson promoted offshore California company But “steady as she goes” on those capital budgets amirite?
"I have never skated a 10k without questioning why I chose to become a speed skater." - World record 10k skater
4 Quadrants of Hell in L/S: - High Short Interest names rip - Low Quality >> High Quality - Short Losers RIP - Negative Revisions (++) vs Positive Revisions (--)
these covered call etfs are so dumb, but a really bad one is $GDXY when stuff is mooning why would you want to sell calls vs it? the good thing about all these dumb etfs is they make calls cheaper for us to buy
little reminder for everyone, big money is long to the tune of $17T:
The dollar sure doesn't trade like everyone is short. Maybe fast money is short but virtually everyone else is long, one way or another. This Fed independence issue is a big deal. So many headwinds I've lost count. Wondering if I covered my short for no reason.
$DSV Discovery Silver, one of my biggest positions spiking today it's interesting, I first bought this when Eric Sprott brought in Tony Makuch, because Tony ran one of ES biggest winners, KL, I figured that they had a plan then I bought some more late last year cause I got…
great thread
"As a teenager the sport meant everything to me, which I do not believe is a good thing." -Nils van der Poel, Olympic champion Intertwining our identity with our pursuit can bring us quick success, but we can't fulfill our potential unless we let go... A few thoughts: