To The Moon

$ProShares Ultra Silver(AGQ)$   March is here and silver is up... however this uptrend acceleration has nothing to do with what I wrote last week about the tightening of physical silver... or is it? I am not going to read too much into this price hike. The only time we can tell is when the new conflict subsides. Interestingly, history has predicted this war. I read about the prediction during the Winter Olympics... strange as it may sound, apparently the conclusion of Winter Olympics has in recent times been associated with a conflict (war). The article had in fact ruled out China-Taiwan, among others. It landed squarely on US-Iran as the most likely conflict given the intensely pretentious negotiations that have

$Silvercorp Metals Inc(SVM)$ No prize guessing what's the other two charts are about. I didn't guess the whole narrative right but last US trading session happened to be a reasonable profitable session for my portfolio position. It would have done better if I had shorted cryptocurrency in general!  With March quickly approaching, the clock is ticking for silver March contract delivery. It will be interesting in just a week what will happen to the silver price movement. If the contracts are not rolling over, and the world ran out of physical silver to deliver, a lot of the settlement is going to be the so-called fiat paper notes, or currency as we called it. Those same currencies that could simply be printed and losing confidence among the cent

$ProShares Ultra Silver(AGQ)$ Shari for coins... we win some we lose some... not going anywhere anytime soon. Silver is currently on the crossroads. Will it tank or rise? I go for the latter. I have been on the journey for nearly a decade anyway and my AGQ bets are purely on dealer's money anyway, so I am willing to ride with this.  The only thing different I am doing this time is to add gold and platinum along with silver, given the current gold-silver and platinum-silver ratios. On top of that, I have added another new ASX based silver miner, $INVESTIGATOR RESOURCES LTD(IVR.AU)$  for a very simple silly reason! I observed in the last silver rally, both&nbs

I have shared this company before but there were not much interest (see attached article below). After recent correction, $ASCLETIS-B(01672)$ has started moving again.  In fact, the climb accelerated after the company's latest funds raising exercise. This is obvious not normal, however at the same time, not entirely unusual. Most of time it depends on the secondary offering pricing and investor's group.  This raising has attracted Singapore GIC! It was a pleasant surprise, at least to me... GIC is a Singapore sovereign fund, with a big reputation to uphold. It is well known as a long term stable investor. I have own Ascletis for quite a number of years, maybe close to a decade. Once again, I have been early in the game. I entered when A

i used to over Silver mines too until it ran into legal trouble a few years ago. I was not in the same place as you (i.e. not willing for my money (spare or otherwise) to sit around. I had sold it for a good profit. It had since refiled its project layout and maybe might get its mining permit back. I used the money to buy something more immediately - $Sun Silver Ltd(SS1.AU)$ , another big silver mine along with antimony (another critical mineral with ever raising demand)! The idea of a silver Landbank is good. Given that your time frame is 5 years, the immediate silver price movement is obviously not crucial. The key for silver mines to work is for it to really sort out its licensing issue once and for all so there's certainly. I had another mi

$ProShares Ultra Silver(AGQ)$   I am not going to lie. The drop was painful... say what you may, as you can see from my chart below, I was done with my selling... in fact, I had sold a little earlier, before that monstrous jump!  Yup, I also did not sell out when that run happened. You might think I have been silly not to take all my winnings. You might also laugh at my bravado... all for nothing? [Facepalm]  [Spurting]  Maybe... after all, we only live once. I want to see where this takes me. In fact, I have been accumulating silver miners these past weeks after the correction happened.  Let's face it. The run-up was scary and I had called it. It was brought about by speculators in both China

I am shorting Tesla... I won't go for SpaceX, not after what Elon Musk did... in order to get his money back for Twitter, he got xAI to buy X at a higher valuation. To complete the picture, he got SpaceX to merge with xAI at an even higher valuation! Finally, he pretends nothing is happening and wants to throw in to the investment community with an even higher valuation of the entire integration. I have no doubt Elon Musk is clever, even a genius! However, that doesn't mean he should treat the public like a fool... I don't know about you. The IPO might be a success. SpaceX no doubt is doing a great job, however if those murky intertwined and conflicted interest of Elon Musk, shareholders would eventually suffer. What will happen will be similar to Tesla. Elon Musk WILL DEMAND the sharehold

Congratulations! 🥂 said Elon Musk... i just bought myself out! [Facepalm]  [Tongue]  [Spurting]  [Silence]  [Chuckle]  [Evil]  hope no one else noticed! [Gosh]  [OMG]  

$ProShares Ultra Silver(AGQ)$  What would I rather be?  Face it, gold and silver along with other precious metals group crashed... this is followed by the accompanying bitcoin's accelerated correction over the weekend. Stock market correction will likely followed this week. Money 💵 is a zero sum game. As silver continued to climb, I started to wonder if I should move to other assets classes. I spoke to a number of financial pals but we did not have a good conclusion in this inflationary world. Property prices, precious metals, stock market, especially those in the so-called AI related sectors (nuclear energy, storage energy and spaces, processors, wafers, data centres, etc), are all bloated.  Even Pokémon ca

From a trend perspective, $16.5 needs to hold. The secondary indicators are not favourable and the likelihood of a reversal in trend is high. The volume is also low, indicating that the speculators have moved on. In the short term, if there’s no further news to excite the market, CRML might indeed be consolidating or even correct its pricing. On the commercial front, the company has completed all its off take deals (100%), so there’s no more deals to make on this front. The only progress it could show is from its continued exploration success and pilot plant development. The surprise (good or bad but beyond its control) for this company is always Trump and its government’s interest in either Greenland 🇬🇱 or the miner itself. Need another week or so to see the trend flow…