DRE 6.67% 1.6¢ dreadnought resources ltd

The market will rebound for commodities, everything is cyclical....

  1. 11,971 Posts.
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    The market will rebound for commodities, everything is cyclical. Those able to hold long will see the rewards. Right now is an election year in the USA. You have understand everything taking place right now is related to this. You have the S&P 500 and Dow at records, driven by the tech, AI booms. These are areas the larger institutions and liquidity are pumping to make the US economy, president look good. Great marketing material to say the share market is at all time highs and jobs in these sectors are strong even if the rest of the country and world are in recessions or on their way into recessions. To pump capital into these sectors and prop them up, you need to sell out of other sectors. Clearly resources and commodities are one of those sectors taking a hiding, especially junior companies. Even commodities with sky high, near record prices like Uranium, gold etc have seen plenty of red days lately. Who would have thought the big gold Miners like NST etc are in a holding pattern yet they are basically printing money off tap. Who would have thought Uranium stocks like PDN would be struggling to break out from $1 where they have been hovering in recent years even before the U price approx. tripled. Very strange stuff going on in our markets, a lot of these sectors are getting heavily manipulated for political gain. Eventually it will be hard to ignore the physical aspect of commodities and there will be some sort of catalyst to bring all the liquidity returning. It’s inevitable. The only ones who will lose are those selling now at a massive loss. Good luck everyone, some difficult times to navigate through!
 
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