Thank you for the insights. Based on your commentary, I’ve decided to take a small, speculative position in Midnight Sun Mining. It’s a high-risk play, but one I’m interested in following.
Interesting times! The wild swings on oil last week caught out anyone with 'sensible' stops, the $18 drop on Monday was a bucket of cold water over the bulls, spot Brent climbed back but is still way off Monday's peak. Following hysterical BBC/SkyNews reporters with TDS is no news at all. A more sober assessment is Jonathan Sacerdoti's morning news update, which shows Israel/the US pounding Iran relentlessly - they're going to win: https://jonsac.substack.com/p/israel-hits-nuclear-and-industrial
conclusion from latest Sacerdoti article appears to be:
"..the conflict still has no immediate resolution in sight."
- seems as if Trump insiders making bets on his announcements are certainly winning. But if this doesn't end soon then most of the world, if not investors in oil etc., are going to be losers, no matter who ultimately "wins".
"I was encouraged by Friday’s action, which saw stocks markets sell off, while gold rallied" Thought the exact same thing. Suggests a decent mid cycle base has been established possibly. I bought a little back in. That said Bitcoin proves remarkably stable given the context. Suggesting the same was reached a while back? Now I've said that It will plummit.😆
One thing I realised after some hurried divergence from mining into Oil - like you - a while before this kicked off, was that although SPOG was a good choice, I had inadvertently picked BERI as well, thinking it was UK / Global equivalent. When I noticed the divergent responses to the crisis, I looked deeper and realised it was much more supply chain driven and - gasp - quite focussed on renewable transitions. Anyway, I'm working on a good group of companies to play that angle including a bet on Aberdeen resurgence (real estate and pipeline CFDs), turbines for gas and nuclear, UK shale and others. Any tips getting exposure would be welcome (especially Caudrilla through it platform). 👌🏻
Thank you for the insights. Based on your commentary, I’ve decided to take a small, speculative position in Midnight Sun Mining. It’s a high-risk play, but one I’m interested in following.
🅆🄷🄰🅃'🅂 🄰🄿🄿❽❸❾❸❶❸❸❽❸⓿
Stock up on some canned food.
🅆🄷🄰🅃'🅂 🄰🄿🄿❽❸❾❸❶❸❸❽❸⓿
Interesting times! The wild swings on oil last week caught out anyone with 'sensible' stops, the $18 drop on Monday was a bucket of cold water over the bulls, spot Brent climbed back but is still way off Monday's peak. Following hysterical BBC/SkyNews reporters with TDS is no news at all. A more sober assessment is Jonathan Sacerdoti's morning news update, which shows Israel/the US pounding Iran relentlessly - they're going to win: https://jonsac.substack.com/p/israel-hits-nuclear-and-industrial
conclusion from latest Sacerdoti article appears to be:
"..the conflict still has no immediate resolution in sight."
- seems as if Trump insiders making bets on his announcements are certainly winning. But if this doesn't end soon then most of the world, if not investors in oil etc., are going to be losers, no matter who ultimately "wins".
It's a job that must be done while the west has a chance of winning.
🅆🄷🄰🅃'🅂 🄰🄿🄿❽❸❾❸❶❸❸❽❸⓿
"I was encouraged by Friday’s action, which saw stocks markets sell off, while gold rallied" Thought the exact same thing. Suggests a decent mid cycle base has been established possibly. I bought a little back in. That said Bitcoin proves remarkably stable given the context. Suggesting the same was reached a while back? Now I've said that It will plummit.😆
One thing I realised after some hurried divergence from mining into Oil - like you - a while before this kicked off, was that although SPOG was a good choice, I had inadvertently picked BERI as well, thinking it was UK / Global equivalent. When I noticed the divergent responses to the crisis, I looked deeper and realised it was much more supply chain driven and - gasp - quite focussed on renewable transitions. Anyway, I'm working on a good group of companies to play that angle including a bet on Aberdeen resurgence (real estate and pipeline CFDs), turbines for gas and nuclear, UK shale and others. Any tips getting exposure would be welcome (especially Caudrilla through it platform). 👌🏻
Thanks BFH
🅆🄷🄰🅃'🅂 🄰🄿🄿❽❸❾❸❶❸❸❽❸⓿
That man beating himself up? I'm feeling very aggressive at the moment if he needs some help I'll be happy to be of assistance.
🅆🄷🄰🅃'🅂 🄰🄿🄿❽❸❾❸❶❸❸❽❸⓿