FM3 firstmac mortgage funding trust no. 4 series 1-2020

Ann: General Security Agreement, page-261

  1. 2,444 Posts.
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    Thanks for sharing brother, what was discussed i agree with 100%. The sentiment amongst the generalist investors is so low that there is a big loss of opportunity fear and they are selling various gold investments.

    Some of the more educated investors i know are selling some of their gold stocks, I asked them why (just out of curiosity)? and the response i got was a mix of 'i don't know', 'prices keep falling & 'i'll buy back when it's rising' & 'fear'....

    You never readily find articles like the one you just shared on mainstream media. K!tco & the guest they bring on are one of the worst sources of information you can get on the market.

    Fact is, the supply shortages and premiums charged to purchase the physical will eventually be reflected in the spot price. It shouldn't make a difference when investing in exploration companies, the POG has very little relevance and at the end of the day, if they were to received a TO bid, they'd be valued on the quality and size of their asset and futures earnings based on a much lower POG.

    The problem with the mining stocks is that there just too much overhang from the run up in 2020, when they are eventually flushed out, the sector will normalize. How long it'd take? who knows, could be months.

    If we were to see big shift in sentiment, in order to attract funds and generalist investors, there'd need to be a catalyst and typically it'd the POG rising & the view that it'd rise much higher, so a short squeeze definitely would trigger this. After all, it was what triggered the run up in the POG in June-Aug last year!!!! Nothing else!

    Just keep monitoring the futures market over the next 4 weeks leading to the bring April Delivery month. There is basically bugger all funds to shake our of the futures market now...


 
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