I think precious metals are going to cost us a bit.
I think precious metals are going to cost us a bit.
https://i.redd.it/othpg4o7ylhg1.png
Posted by MegaMiniSa
17 Comments
incognitosospecha on
On the positive side, when it rebounded from approximately 69 to 90, it was due to physical purchases, which means that trading and speculation are still happening, albeit to a lesser extent, and that people are willing to pay a fixed price of 70-90 for silver. We have to ride this ship; Trump always surprises. The only thing that makes me doubt is that gold won’t fall much compared to the big drop in silver.
Resolution_69 on
The thing you don’t understand is that rare earth isn’t all that rare, really. In fact, there’s no such thing as rare earth. There’s a lot of earth. And it’s not rare.
thugtronic on
Gold’s barely down. Remember gold is accumulated by central banks by the ton and silver is just a meme.
Also Asia and Europe account for like none of the global volume. It really is entirely the US’ market
Excellent_Way_9029 on
Silver at 60 soon
tabrizzi on
Yeah, think they are going to cost me a “precious” amount of money.
Candleguy145 on
I’m tired boss
Minimum-Hat-5635 on
We, who is we, if you didn’t exit your positions like a week ago you’re probably [redacted]
tootapple on
Why?
Overall-Fold-9720 on
It’s still up 60% in the last 3 month
Eastern-Joke-7537 on
Still a bit higher than the low this week (or last Friday), but yeah a total dump.
Move to cash or back to blue chip stocks — they look like they are in Make Or Break mode right now.
ForsakenRacism on
Nice AI note
SuperSaiyanIR on
I like how everyone becomes an expert on rare earth metals or global economics in these threads whenever things go a certain way when really these are all regards saying regarded shit to more regards who eat it all up
Tay_Tay86 on
I hope this shit crashes so hard. Silver rings are double what they cost last year. I am not paying 45 bucks for a mid ring and 120 if I want a tiny ass garnet
It’s not that rare. Getting it out of the earth in a way doesn’t completely demolish the planet is. even if a solution seems feasible, regulatory hurdles await. Look at TMC for example and what they’re dealing with.
Rare earths aren’t that rare. Getting to market is.
Ghost_of_Durruti on
Man I felt stupid when I sold some for ~50 and when I almost sold near the top tic but didn’t. Then I remembered what I paid for it. It’ll probably hit triple digits again in the next 5 years if I had to guess. Future’s so shiny I gotta wear SHADES.
United-Advisor-5910 on
Actually Profit margins go up cuz less capex on metal.
17 Comments
On the positive side, when it rebounded from approximately 69 to 90, it was due to physical purchases, which means that trading and speculation are still happening, albeit to a lesser extent, and that people are willing to pay a fixed price of 70-90 for silver. We have to ride this ship; Trump always surprises. The only thing that makes me doubt is that gold won’t fall much compared to the big drop in silver.
The thing you don’t understand is that rare earth isn’t all that rare, really. In fact, there’s no such thing as rare earth. There’s a lot of earth. And it’s not rare.
Gold’s barely down. Remember gold is accumulated by central banks by the ton and silver is just a meme.
Also Asia and Europe account for like none of the global volume. It really is entirely the US’ market
Silver at 60 soon
Yeah, think they are going to cost me a “precious” amount of money.
I’m tired boss
We, who is we, if you didn’t exit your positions like a week ago you’re probably [redacted]
Why?
It’s still up 60% in the last 3 month
Still a bit higher than the low this week (or last Friday), but yeah a total dump.
Move to cash or back to blue chip stocks — they look like they are in Make Or Break mode right now.
Nice AI note
I like how everyone becomes an expert on rare earth metals or global economics in these threads whenever things go a certain way when really these are all regards saying regarded shit to more regards who eat it all up
I hope this shit crashes so hard. Silver rings are double what they cost last year. I am not paying 45 bucks for a mid ring and 120 if I want a tiny ass garnet
Good piece on nickel.
https://youtu.be/PVg9l5vj6co?feature=shared
It’s not that rare. Getting it out of the earth in a way doesn’t completely demolish the planet is. even if a solution seems feasible, regulatory hurdles await. Look at TMC for example and what they’re dealing with.
Rare earths aren’t that rare. Getting to market is.
Man I felt stupid when I sold some for ~50 and when I almost sold near the top tic but didn’t. Then I remembered what I paid for it. It’ll probably hit triple digits again in the next 5 years if I had to guess. Future’s so shiny I gotta wear SHADES.
Actually Profit margins go up cuz less capex on metal.
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