- Chart & Technical Comment
- Underwriting at Soluna to Close on October 26
- Preferred and Common stock – expectations
- Logic at play
- Soluna Management
Chart & Technical comment:
Chart & Technical comment:
My current view of the market is that the decline from the market high in 2021, is a result of rapidly rising interest rates. It is not likely that the market correction is over yet. There is likely a second wave of selling that awaits us in 2023. The 2023 wave will involve a drop on earnings per share, corporate layoffs and bankruptcies. Remember the saying, “A recession is when your neighbor is laid-off and a depression is when you are laid-off.” That is coming next year. Some of us will be choosing between electricity, heat or food. This hardship is caused by government policies that are crushing the economy while at the same time causing energy policy induced inflation. It does matter for whom you vote. That is not to say I am a fan of either party. They are both controlled by lobbyists of various corporations and a deep state group no one elected. Continue reading
Times are interesting to say the least.
Issues that are causing stress in equities, commodities and bonds include:
In the above environment, we believe in investments with a theme around Oil & Gas, Precious Metals and Bitcoin is warranted. Continue reading
Hi everyone. I want to share that I added to an existing position in Sassy Gold (SSYRF)* I paid $0.135 for the shares with an order priced at the ask of $0.141. Link to a chart.
An investing adage as old as time, is follow successful people. Typically, these people are either speculators or building companies or both. Therefore, their goal while the same as ours, to make money, follows a much longer timeline than most “investors.” Their commitment to the project is typically greater than “investors.” So is their tolerance for risk. As investors/speculators we can look at their history and see who they are and what they have been involved in.
Follow a brief comment on New Found Gold, we’ll look at three of the people who are founders an involved with New Found Gold since its beginning.
LOTM: It seems a good time to be acquiring shares of New Found Gold. The share price is attractive on a market cap and technical analysis basis. They have discovered a series of high grade core samples over an extended length of kilometers and at a higher than average width. When reading the New Found Gold, News Flow linked here, keep in mind that 2 feet to 3 feet “width” is considered better than average, and 6 to 8 Grams (g) or AU (gold) is consider a successful mining prospect for an underground mine. Two to three grams is considered an excellent prospect for an Continue reading
Performance from August 1, 2020, to present: