2025 Lunatic Fringe - Market and Trade Chat

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https://www.msn.com/en-us/money/oth...ist-forecasts-are-as-bad-as-usual/ar-AA1wR4l4
 
Hmmm, may have to look at this one for future investing. Paying a dividend is almost unheard of in mining sectors....





I've held this one for 20 years and it's not too shabby... Prolly could have a whole bunch of shares if I traded it consistently, but I just let it ride.

Even has a PE: 30.42 !

Yield: 1.34%

 
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Not sure how this plays down under... but


BREAKING: The delinquency rate on commercial mortgage-backed securities (CMBS) for offices jumped to a RECORD 11.0% in December.

Delinquency rates on these loans is now up 9.4 percentage points over the last 2 years

This puts delinquency rates above the 10.7% peak seen in December 2012.

Furthermore, delinquency rates on these loans are rising twice as fast as during the 2008 Financial Crisis.

Overall, there were more than $2 billion in office loans that became newly delinquent in December 2024.

The commercial real estate crisis is worsening.
 
In a Six-Week Span, this Dark Pool with a Curious Past Traded 3.7 Billion Shares

There is a precise date as to when the American public became overtly aware that the stock market structure had become outrageously rigged. That date is March 30, 2014 when famed author and former Wall Street veteran, Michael Lewis, went on 60 Minutes to proclaim: “The United States stock market, the most iconic market in global capitalism, is rigged.”

When asked to explain just who it is that’s rigging the stock market, Lewis explained that it’s a “combination of these stock exchanges, the big Wall Street banks and high-frequency traders.”
 
Sucks as I owned ITM calls. Had no idea a big dividend was coming. So I lost the value on the calls (cause the price dropped the value of the dividend) and didn't get any dividend. Lesson learned.
Another source (yahoo) actually had the dividend at 7.25%. I own a lot of SILJ but haven't bothered to check which number is correct. 72 cents/share. All I know is it's orders of magnitude higher than last year's payout.
 
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EXK is a perfect example of why people don't want to bother with the mining space. All we have heard for a year is how everything is fully funded with the loan they took out to build out Terronera. Then out of nowhere they do a 70 mil dollar offering last month and now all of a sudden after telling us for a year everything is on track they come up with delays and instead of being on track to start production it has been delayed until Q2?
 

From what I've learned is that private equity is even scummier than I thought possible. They have taken over LOTS of board rooms and place management in place that tank companies on purpose. Not saying that is true here but its certainly happened in the mining space. Probably the perfect area for them to focus on.
 
BLSBS reported non-farm payment numbers today. Markets jumped around. Not sure why anyone pays attention to these fake numbers that get heavily revised a month or two later.
 

DEALER'S INSANE 2025 SPOT PRICE CALL! What if Silver & Gold Manipulation ENDS This Year??​

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Canada's Barrick Gold suspends operations as the Malian government seizes company's gold stock over tax debts

Barrick Gold, which operates the Loulo-Gounkoto mining complex in western Mali, halted operations after the government of Mali over the weekend evacuated from the company's gold stock approximately three metric tons of gold, valued at roughly $245 million, a sum named by informed sources to Western media.

"The interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock from the site to a custodial bank. […] As a result, Barrick has regrettably initiated the temporary suspension of operations," the company said in a statement.

The Malian authorities reportedly ordered the seizure of the company's gold stock because Barrick owes the Malian government a total of $5.5 billion in taxes, which the mining company disputes, saying that new mining regulations adopted by the government in 2023 do not apply to its existing operations.

Last Monday, Barrick threatened to halt operations in the Loulo-Gounkoto within a week, unless the African country's government lifts restrictions on gold shipments from the mine.

Subscribe to @sputnik_africa

Sputnik Africa (https://en.sputniknews.africa/)

 
Don't you think they would've shipped a little bit of that out the back door?

Maybe they should have just dumped it into their Tailings Lake.
talk about coming full circle.
 

Will China be forced to unleash more stimulus?
 


Markets seem to think the numbers were nice.
 
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Oriental Ghost reports on a new wrinkle in China that is driving retail gold demand:
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