PM Weekly Market Commentary – 07/24/2020

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  • Mon, Jul 27, 2020 - 05:51am

    #21

    Tycer

    Status Silver Member (Offline)

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    Posts: 254

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    State of Fear

Good book.
State of Fear https://www.amazon.com/dp/0061782661/ref=cm_sw_r_cp_api_i_Y1ShFb9WXFH81

  • Mon, Jul 27, 2020 - 06:34am

    #22

    JAG

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    Posts: 501

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    Wahoo!

What a ride! Monday mornings have absolutely RULED lately.

  • Mon, Jul 27, 2020 - 06:59am

    #23

    JAG

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    Miners vs S&P 500

DF: Heard an interview over at KWN – Pierre Lassonde, smart guy, tons of industry experience – talked about how large the margins will be at the miners with metals prices where they are now, and how the street hasn’t factored that into prices for the shares just yet.

Here is a little chart that shows just how much Wall Street hasn’t factored in the miners:

(chart by Christopher Arron from iGold Advisors)

I also think DF is right about the buck reversing in about a month, late August.

It’s so much fun right to be in the PM market right now. We earned this with all that pain in Feb-March.

  • Mon, Jul 27, 2020 - 05:25pm

    #24
    VegasJim

    VegasJim

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    PM Weekly Market Commentary – 07/24/2020

Looking forward to the market/ PM commentary tomorrow….

  • Mon, Jul 27, 2020 - 09:00pm

    #25
    Redneck Engineer

    Redneck Engineer

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    PM Weekly Market Commentary – 07/24/2020

If ever there was a theme song for this rally…

https://youtu.be/p9lf76xOA5k

😎

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