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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (3635)	4/12/2022 4:07:43 PM
From: sense	Respond to of 5610

More headlines... Lost internet in the middle of the prior post... Headline on Arcadia Economics: Says Zinc went nickel today... in a warning to silver... My scans fed me Tinka recently... TKRFF... which I've been following for a while since studying the zinc potentials last year... Probably a top five in the world resource.... up to $0.17 today from $0.13 last week... 340 million shares and a market cap of $58 million. In D.C, they're shrugging shoulders and telling people... get ready to pay much, much more... On Wall Street today.. much talk about very significant copper shortages coming very quickly... essentially... there's going to be no metal... because price suppression has succeeded in shutting down production... And, they're flat out telling people to buy gold and silver... because, "here it comes"... The reaction thus far seems mostly "deer in headlights".... not many of them know much about the metals or the stocks... What I noted over the weekend... intended to post about... Is that the a LOT of the oil services stocks are getting slaughtered... showing up in my new lows and "bottoming" chart scans... and, if you poke at them... they're all still reporting losses... a couple I looked at are struggling with creditors... close to declaring bankruptcy... There was a burst of excitement in the services as oil moved higher... but the efforts made to cap prices also did far more to cap the enthusiasm for drilling for more than they did in capping the price... So, Biden is telling you "they have a plan" to increase production while draining the SPR... And, I'm telling you he's lying through his teeth..."can't get there from here" is the only possible correct answer... Because you can't be drilling for more when the oil services companies are ACCELERATING the pace at which their stocks are falling and the pace at which they go broke... because NO ONE IS HIRING THEM... So, what you will get... is SPR releases supplanting existing production by the amount released... And, then... further declines in production instead of increases... Biden has already broken the oil market... and now he's breaking the oil industry's ability to produce more.... So... commodities higher... and not by a little bit...