Mining Charts

Trade ideas in the Natural Resource Sector, using technical and fundamental analysis. *Not investment advice, do your own due diligence.

[🏴‍☠️ @calvinfroedge]

Most of the oil producers I own have given up all their gains since the beginning of the war

[Amena Bakr @Amena__Bakr]

IRAN SAYS NO DEAL WILL BE SIGNED BY TRUMP DEADLINE - FARS #OOTT

[The Kobeissi Letter @KobeissiLetter]

BREAKING: A diplomat involved in US-Iran peace talks says Israeli strikes on Beirut, Lebanon, today have created issues with finalizing a deal, per Fox News.

The diplomat says the strikes are an attempt to "sabotage President Trump's deal and drag the US back into war."

Yesterday, President Trump said a peace deal was scheduled to be signed today.

[HFI Research @HFI_Research]

2 billion bbls gone, poof

And that’s assuming Strait of Hormuz opens by the end of June.

👏 good job everyone!

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The average price of US ground beef rises +13% YoY in May to a record $7.06 per pound, with prices now up +58% since 2020.

Steak prices surged +16% YoY to $12.80 per pound, the 2nd-highest on record.

This comes as the US cattle herd has shrunk to its lowest in 75 years, with drought conditions, elevated production costs, and a New World screwworm outbreak in Texas limiting supply recovery.

Meanwhile, nearly 80% of US cattle are currently located in areas facing dryness or drought, threatening to keep beef prices elevated well into 2027.

American consumers are paying record prices for beef.

[Christophe Barraud🛢🐳 @C_Barraud]

🇺🇸 *US MAY PRODUCER PRICES RISE 1.1% M/M; EST. +0.7% - BBG
*US MAY PRODUCER PRICES RISE 6.5% Y/Y; EST. +6.4%
*US MAY PPI EX FOOD & ENERGY RISES 0.4% M/M; EST. +0.5%
*US MAY PPI EX FOOD & ENERGY RISES 4.9% Y/Y; EST. +5.4%

[Marcus Stanley @MarcusMStanley]

Legendary journalist Seymour Hersh claims that an Administration insider leaked information to him that Trump raised the possibility of using U.S. nuclear weapons in Iran.

[Bob Elliott @BobEUnlimited]

Welcome Back 4% Inflation

US inflation is set to rise back above 4%, but this isn’t the post-COVID boom all over again. With wage growth slowing and no fiscal support coming, households are increasingly being squeezed.

https://t.co/MDZ3xbOQ7M

[Glenn Greenwald @ggreenwald]

Trump on Monday: Netnyahau is not my boss! I'm his! And we're ending this war!

Trump today: We're again bombing Iran like Netnayahu wants!

(I love the notion that Iran is the aggressor by attacking a US helicopter there to impose a full embargo on Iran, a classic act of war).

[Megatron @Megatron_ron]

🇺🇸🇮🇷 Trump has declared an Iran deal ‘imminent’ 37 times, yet no agreement has been reached, per CNN

[Max Blumenthal @MaxBlumenthal]

It will soon become clear that when Israel chose to attack Dahiya yesterday, it was not only working to shatter negotiations between Trump and Iran

It was also consciously instigating an escalation that would inevitably place US regional bases under Iranian fire

What an ally

[Trita Parsi @tparsi]

A couple of hours before Israel struck Iran, I told @AJEnglish that if Israel defies Trump and strikes Iran, it isn't Iran's deterrence that is put under question, but Trump's credibility since he had so explicitly told the Israelis not to strike.

[The_Real_Fly @The_Real_Fly]

Well you can’t lower rates when your fucking war is causing inflation you fucking idiot

[Stephen Stapczynski @SStapczynski]

Hormuz has been shut for over 3 months. Why isn’t oil $200?

🇺🇸 Record US exports
🇨🇳 Sharp/unexpected drop in Chinese demand
🛢️ Pre-war surplus and SPR releases
🗺️ Gulf producers reroute some supply

https://t.co/vf1pzRSr5V

[Mining Charts @mining_charts]

Largo $LGO is approaching the all time lows last seen in 2016, the stock was over $20 in 2023, Vanadium prices continue to be in the gutter.
#vanadium @BULLReturns

[Mining Charts @mining_charts]

Seeing lots of ugly charts for precious mining producers this week, if this trends continues there could be some great bargains out there again.
#gold #silver

[Mining Charts @mining_charts]

Gold closed the week below the 30 week EMA for the first time since 2023. #gold

[illuminatibot @iluminatibot]

If your country has enough money to give money to other countries, your taxes are too high.

[The Wall Street Journal @WSJ]

Arizona’s largest utility is proposing a 45% electricity-rate increase for data centers and a 14.5% hike for households. No one is happy. https://t.co/MCZ7OJUG6L

[Tony Greer @TgMacro]

What Bitcoin has working against it now is chart symmetry. You don't want to battle chart symmetry. The leg down to $40K is coming.

(I know! I know. I "simply don't understand and haven't DONE THE WORK.")