I write, waiting for the Asian silver markets to open to see if the silver excursion will continue or if it pauses for a bit of consolidation (And it is consolidation as of noon Monday).
I hope you cashed a bit in...I think it is going to an easy hundred and quite soon. (Kicking myself for taking mine out at 2X but, as the saying goes, "All the money I've made has been from selling too soon."
A lot of the copper story is propelled by Trump (having no clue as to the US capacity to actually produce copper) saying he was going to tariff it. Metal went up in anticipation then Trump was clued in and did a rug pull on the tariff on raw copper, market swooned. But, real world, there is a genuine shortage of copper which is only getting worse. I am happy to own a few copper explorers even if they are kinda inert at the moment. I have a big position in USCU.V and have made a handy paper profit. But it could easily be a $2.00 (currently $0.155) with the right Joint Venture partner. Swing for the fences!
Well let's give it a try, Jay. You didn't steer me wrong with silver after all ;)
I hope you cashed a bit in...I think it is going to an easy hundred and quite soon. (Kicking myself for taking mine out at 2X but, as the saying goes, "All the money I've made has been from selling too soon."
I tend to be a holder, which explains why I kept the silver even when it was down for a while. But my dad was telling me the same thing.
Question: what happened with copper last April? Seems like it nosedived for a bit.
A lot of the copper story is propelled by Trump (having no clue as to the US capacity to actually produce copper) saying he was going to tariff it. Metal went up in anticipation then Trump was clued in and did a rug pull on the tariff on raw copper, market swooned. But, real world, there is a genuine shortage of copper which is only getting worse. I am happy to own a few copper explorers even if they are kinda inert at the moment. I have a big position in USCU.V and have made a handy paper profit. But it could easily be a $2.00 (currently $0.155) with the right Joint Venture partner. Swing for the fences!
Many thanks for the intel!