Sergey Vasilyev

🐍Pythonista. 🗿Author of #Kopf. 🧑‍💻Software Engineer (available). 👽Chronic imposter. 📡DO2IT. ♻️But everything changes. Always.

[Sergey Vasilyev @nolar]

@NorthstarCharts Green, because fundamentals push it up in moments of uncertainty.

2x red, because I am a loser and long.

[Sergey Vasilyev @nolar]

@NorthstarCharts Can you please clarify the meaning of “secular” (shift, bull run, etc.)? I am not a native English speaker, for me it only means “non-religious/atheistic”, and I don’t get it in this context of markets.

[Sergey Vasilyev @nolar]

🇩🇪 German news TLDR: die Bürgergeldbeschränkungsdiskussionorgie (loop video).

[Sergey Vasilyev @nolar]

@DonDurrett @HQRaccoon Wow, that’s a useful insight. I thought it is the company who lists pinks. I will have to repurchase some positions due to this. Luckily, not many — I prefer buying on the exchanges of the same countries where they keep the headquarters (Canada/Australia for mining).

[Sergey Vasilyev @nolar]

@DonDurrett Why is it still there? I thought they took it back years ago.

[Sergey Vasilyev @nolar]

@NorthstarCharts @badcharts1 Coining it: SOSiG trade 🌭

[Sergey Vasilyev @nolar]

@Patty6667 I'm also looking at $groy. No news, nothing. My guess: someone has put a market order to sell instead of a limit order. The liquidity is low in extended hours, the volume is low on average, probably there were no bids, so it has cut through the book like a knife through butter.

[Sergey Vasilyev @nolar]

@BambroughKevin Organic reader here. Though I do not post to x much.

[Sergey Vasilyev @nolar]

@GeorgeGammon Let’s wait for the next step: tariffs on software made outside of the US. Because of “national security” and all the things. There will be a lot of fun with open source software :-)

But even the development firms barely can say what of their product line is actually made where.

[Sergey Vasilyev @nolar]

@DonDurrett I wouldn’t risk a generic mining position by such «scalping», esp. a low-volume one —learned that lesson the hard way— but I’m concerned specifically about NEM because of its ties with large-scale passive vehicles (SPX&SPY&Co).

Thank you! And thank you for all the work you do ❤️

[Sergey Vasilyev @nolar]

And here we go — the recession in the US begins yesterday.

PS: US10y-US02y, the yield spread of 10yrs and 2yrs treasuries.

[Sergey Vasilyev @nolar]

@GeorgeGammon I always wanted to ask you (and others) a question that you might dislike, or rage against, and which is probably out of your attention scope, but nevertheless:

What would be your trade of you were expecting a civil war in the US within 1-2-3 years?

Hypothetically, of course.

[Sergey Vasilyev @nolar]

@DonDurrett Also note, 22.34% is the lowest premium, not an average. It is for a huge 5kg (160oz) bars. For "average" 1-oz bars/coins, the premiums are at 30-35+%.

Source: https://t.co/1IHSiOWkBp

[Sergey Vasilyev @nolar]

@DonDurrett Yes. Taxes. In EU, silver bullion is subject to ≈20% VAT on purchase, so the prices were at $38-42 when spot was $32-33. Today, the lowest price is $36.16/oz (Silberbarren 5kg), when spot is $29.59 = 22.34% premium.

Japan has 10% on puchase (?). So, it's not a fair comparison.

[Sergey Vasilyev @nolar]

@JeremySzafron I tried to see how they are "rotating". It seems to be only a local US-specific rotation, maybe just a flight from specifically the US stocks. No rotation here in Germany. https://t.co/v8ejsYNOhu

[Sergey Vasilyev @nolar]

@badcharts1 It feels as if the market believes the miners are locked in the old pre-inflation prices to sell the gold, hedged against the growth. Which, I think, is false.

[Sergey Vasilyev @nolar]

@badcharts1 Another view on this: inflation is essentially new value of usd / old value of usd (simplified). So, gold/inflation = (gold/current.usd)/(current.usd/old.usd) = gold measured in old-valued usd — this is what miners follow. Why not the today-valued usd?