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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (153412)	2/20/2020 2:55:41 PM
From: TobagoJack	3 Recommendations Recommended By Horgad Lazarus marcher Respond to of 217688

Re << For comparison, you can buy a whole donkey today for around $200. Just the head might run you $20.>> Wonder what a vegan Beyond Ass or vegetarian Impossible Donkey would go for in IPO :0)

To: Horgad who wrote (153412)	2/21/2020 7:45:18 PM
From: TobagoJack	Respond to of 217688

Either palladium is the new gold and its shortage beyond everyday short supply, or one or the other metal did not get the morning memo

To: Horgad who wrote (153412)	2/23/2020 8:05:35 AM
From: TobagoJack	Respond to of 217688

In case i forgot to forward the memo in in-tray ... (BFW) ANZ Sees Palladium Market Deficit Widening to 1.3m Oz in 2020 ANZ Sees Palladium Market Deficit Widening to 1.3m Oz in 2020 2020-02-21 04:09:27.737 GMT By Ranjeetha Pakiam (Bloomberg) -- Stronger demand and constrained supply will deepen the deficit in the palladium market this year, keeping prices high, according to Australia & New Zealand Banking Group Ltd. * Demand for the metal in autocatalysts is expected to hold up despite concerns that the impact of the new coronavirus may further soften the auto sector, strategists Daniel Hynes and Soni Kumari write in note * The car manufacturing supply chain will be impacted by COVID-19 containment strategies in China, but this demand shock is likely to be temporary * “Ultimately we don’t expect auto manufacturers’ demand for palladium to be dampened as they race to meet tighter emission regulations in Europe and China,” strategists say. “This should ultimately see overall demand remain robust as non-Chinese factories boost output” * “Auto production plants outside China’s Hubei province are gradually resuming production, but illness, labor shortages, issues with masks and other safety measures will continue to pose challenges” * Hubei itself is a hub for automotive production, contributing nearly 8% of China’s total output * Auto production across the country could fall 17% in 1Q, although a recovery in later months could offset those losses, leaving China’s auto output growth positive at 1.5%-2% y/y * Demand for vehicles in China could fall by another 30%–40% in Feb. and March, but should recover in later quarters as buyers opt for private cars rather than public transport to avoid contagion ** A weaker economy could defer car purchases for second- or replacement-car buyers * NOTE: Spot palladium hit a record $2,849.61/oz this week To contact the reporter on this story: Ranjeetha Pakiam in Singapore at rpakiam@bloomberg.net To contact the editors responsible for this story: Phoebe Sedgman at psedgman2@bloomberg.net Jake Lloyd-Smith

To: Horgad who wrote (153412)	2/23/2020 8:33:32 AM
From: TobagoJack	1 Recommendation Recommended By marcher Read Replies (1) \| Respond to of 217688

Fog of war and mist of battle, on Friday I had SBGL finance.yahoo.com put to me, and called away from me, i sold some additional puts expiration July at substantial premium w/ strike price significantly below current market price, and I bought more SBGL at current price. Net result is effectively I hold the same number of shares of SBGL as before, plus the new wallop i added, can now tally-in the option proceeds collected in the past as earnings, and positioned to earn more going out to July as time-decay works against my counterparty Net-net result so far is ~1/4 of my SBGL hoard is ‘free’ at zero-cost. By July, hopefully the story continues to be supportive of palladium, and if not, SBGL’s platinum and gold takes up the slack, and if not, SBGL’s 50.1% ownership in DRD finance.yahoo.com pays dividend, given that listed company’s already high yield near 5% now, to rise w/ gold price, and with neither exploration nor mining risks (it just and only does retreatment of mining tailings), and only has processing risk. Everybody including environmental regulatory authorities know exactly how much of everything including residual gold is in tailings pond. I do own DRD as a stand-alone core gold holdings. It is the gold ‘mining’ company that pays a substantially higher yield than almost all government bonds, backed by gold, in precisely-known amounts in the tailings pond. Collateral good.