$Silvercorp Metals Inc(SVM)$ Just a quick share what I have been up to... besides loading up $ProShares Ultra Silver(AGQ)$ , I had bought and sold a couple of options. Below are two of the related ones on SVM. I have full confidence in silver and SVM even though silver price has since corrected substantially due to the spike in oil price and the accompanied inflation. Silver suffered with the perceived weakness in industrial applications. Like AI, investment in the sector might slowed down. With continued under-investment in silver mining, demand exceeding supply issue would only get worse over the next few years. I might be early but I have always treated precious metals investment as pure
$ProShares Ultra Silver(AGQ)$ New kid on the block! We start again... nope, I have not given up on silver, as I shared last week when I sold out my position in AGQ. I have moved slightly back on, picking up a little while Democrats in US 🇺🇸 are demolishing Trump in midterm elections. Crucially, a number of indicators in the secondary chart are forming higher highs and higher lows, signaling a renewed uptrend. Alternatively, indicating the original downtrend for silver might be over. Make no mistake, the renewed uptrend i was talking about here refers simply to those indicators and not the main silver price chart! Please do not be confused! 😵💫 This is just a primary indicator that the silver price drop might finally be over. It is stil
He is the 3rd iteration of the new reborn $Apple(AAPL)$ after Steve Jobs, a marketing genius, and Tim Cook, a number expert. If the first impression from Ternus on the audience and AI is what it is, then I would happily stayed as an Apple shareholder. He is after all a product guy. A product guy should let the products do the talking, rather trying to paint a picture that he cannot understand. It might appear that he has missed the "free-hit", it would be worse subsequently when he can't deliver what he promised. Talk, as Apple 🍎 CEO, is not cheap or free. Unlike someone like Elon, who can promise the sky but deliver the air, this is not the norm. Will give him a couple of quarters before asking necessary quest
Apple CEO Ternus's Debut Falls Flat: Too Cautious, Lacking Boldness, Misses Chance to Boost Market Confidence
$ProShares Ultra Silver(AGQ)$ I am still bullish with silver but as far as AGQ goes, I am out for now... The reason was straight forward. Silver price has been making lower highs and lows, meaning it is a downtrend with no end in sight of yet. I am not one to fight the trend and I have rode my silver waves to a certain extent. With oil prices rising, fuel induced inflation is getting out of control. Furthermore, people are starting to wake up to certain reality of AI excessive spending, especially by hyperscalers. Frankly, at this point in time, I have no idea who is really making the money. It appears in every earning seasons that companies like $NVIDIA(NVDA)$ <
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Get out for now... Very uncertain at this moment, leading towards mid-term elections in early November, Trump is likely to throw all spades into the game to boost US stock markets and reduce as much oil 🛢️ price as possible. Whether he's successful is a different question. Sit out for a while... For now.
$CRITICAL METALS CORPORATION(CRML)$ The Few Good Men... In a market correction, one always needs something positive to feel good... CRML happens to be one of those... it's just a small spike, but in a dull week, the light shines brightly through! As I had mentioned a couple of weeks ago in a sharing, it is not going to be big bites, but I am going to have my cakes 🍰 and eat it. Just a little at a time. As CRML is a political animal, Trump's distracting Greenland 🇬🇱 obsession brings cheers to companies such as CRML. I won't be surprised if one of his family members or himself discloses a stake in it some time in the future. In a normal functioning world, it's not allowed as it is indeed insider trading and market manipulation. However,
That is the read why India is preventing Starlink access... imagine only US allow Starlink access in the future, Starlink would be reduced to a useless piece of satellite junk concentrated only in US space... however knowing the Trump administration wanting to control every countries, those other orbiting satellites would reduced to spyware 🕵️ for the US military... [Facepalm] [Spurting] What an irony that would be for Elon Musk and his fancy dream. China would do what it did for Tesla, welcoming Tesla with open arms 🤗 and beat it on its own game... the cycle repeats for SpaceX... our space will no longer be safe with these two competing forces spying 🕵️♂️ everyone else. Having said that, I rather have two competing forces rather being subject to bullying by a single tyr
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ a little more... another push... when everyone chases the glamour of AI, semiconductors are like minerals, commodities... a paradox for me too... for my portfolio is not built for collapse... ironically the 🐻 is the 🐂 [Tongue] [Silence] [Chuckle] [Evil]
$Silvercorp Metals Inc(SVM)$ The gold and silver prices, together with copper are still holding well... SVM, as a silver miner, has its own moments. Nevertheless, we would still need silver to rebound strongly before it can once again takeoff. I have not given up SVM clearing $15. It did broke $15 when silver price went on a rampage. The good thing is that SVM continues to progress its other gold and silver mine (see my old article for more information if interested), so it doesn't need another super big silver price bull rampage to get back past $15. Lie low and stay patient. Time is of essence.
$CRML 20261016 15.0 CALL$ chunk change for tea break... waiting for more opportunities to ride this wave 🌊 again... more political upheaval, more Trump's nonsense, more interest in its principal company... then I can earn more pocket change. Not going to worry if the principal got called away. Yes, I missed its big one at $30+ some time ago due to the calls options. However, I have also made two big rounds in the same trade, so I can't and shouldn't complain. Be patient... I am sure the next wave 🌊 for either rare earth minerals or Greenland 🇬🇱 issue would come again in the months ahead, like it or not. The principal company isn't borne by politics for no reason.
$ProShares Ultra Silver(AGQ)$ Bad week... while others rejoice, my portfolio suffers... will update more in the next few days and hoping for a better week... and month ahead with US midterm elections around the corner in November!!!
$Elixir Energy Ltd(EXR.AU)$ 1-Oct is just around the corner. Market should have sniffed something by now? But it seems more uncertain at the moment. The share price corrected significantly yesterday while bouncing back in a meaningful today. This is probably a good thing - the deal has not been wrapped up. As I cannot be further from the real action, I can only read the tea ☕ 🍀 🌿 from the charts... and all I can see is price action in the movement chart if any. A cup and handle formation has apparently been formed recently. After the handle formed, it is followed by a first higher low and higher high. 8.5 cents is a near term resistance line. After clearing that, the target for cup and handle is 10.8 cents. Secondary charts look good at th
$CRITICAL METALS CORPORATION(CRML)$ it has been a gift that keeps giving. It might not be your $Palantir Technologies Inc.(PLTR)$ or $NVIDIA(NVDA)$ , it's still something worth celebrating 🥳🎉. A few shining lights in my weekly gloomy trades. Greenland trades suddenly kicked in again last week when all was peace and quiet. To me, those were simply old news. Nevertheless, I wasted little time logging in some little loose changes for my efforts. True enough, the price corrected a little. As the profits are too small 🦐 to speak of, I have to simply sit through the options expiry... but tha
$Elixir Energy Ltd(EXR.AU)$ September has not been a great month for me. Just some weeks ago, I thought I could still ride this through... As of yesterday, with the month winding down, I must be truthful to myself. September is most likely a down month. I have existed most tech companies, and that probably explains why this is a down month. The US indices have been doing well after all. The hyperscalers running the AI related trades have been moving up. I have shifted a little heavy towards precious metals group (was positioned, but have added even more along the way). The other thing I did lately was also to increase my shorts on semiconductors index! No, I didn't follow the big shorts into taking the positioning. It was an accumulation
He didn't say what would happen in 2030 and thereafter... [Glance] [Smug] [Silence] 2030 is not that far away... [Sweats] [Facepalm] playing with words... he's not even the one who develops AI coding and its capabilities. How could he be so sure what the coders do? We are human after all! [Doubt] [Thinking] [Gosh] [Spurting]
Jensen Huang: the Probability That AI Will Destroy the World Before 2030 Is Zero
$Silvercorp Metals Inc(SVM)$ As shared last week, this week provides more clarity... It's Friday. Do you see it? [Tongue] As expected (though I didn't say), the Fed raised its rate... and the market? Growth stocks, bitcoin led cryptocurrency, precious metals group led by silver flew!? If this is not clarity, what is... It is actually a strange sense of clarity... Like a humour only this human world 🌍 can bring... a dark humour of sorts. Why do I say that? Yes, the US Fed raised rate and expects to raise rate 1-2 times more this year. Companies with high borrowing pay more interest at higher rates (looking at you, growth stocks [Glance] [Smug] [Sweats] ) With AI led expenditures by hyperscalers, thei
$WHITE CLIFF MINERALS LTD(WCN.AU)$ I do not need Gina Rinehart to tell there's money to be make in copper mining... I have been following this sleepy miner for some time... just takes the richest woman in Australia to send it into a frenzy... I have time on my side. She has no magic and no premium should be attributed to her participation... to her, it's just loose change anyway... maybe to show off to her estranged son, who has been a board member for some time now... be patient and wait for our turn...
The obvious answer is C, which most of the replies suggest. The answer only becomes obvious if an individual gains more experience with investing. However, the answer could also be found in the write-up, under “A margin account is better suited to users who can… A newcomer likely won’t understand how margin works; not to mention understand account risk (if not, how is one to monitor?); meeting margin call requires one to understand what that means to begin with; if one is new to investment, one doesn’t know ones risk tolerance, so price swings would be a whole new overwhelming ball game; finally, who comes into investing expecting to take losses? It’s a totally big ask to seek repayment financing plan then… so you get the gist… margin accounts are not for everyone despite the obvious uses