piet0707

IR student

[piet0707 @piet0707]

@KarelMercx Hey Karel, dank voor al je waardevolle posts. Wat voor scenario zie jij voor goud / zilver koersen op het moment van een globale beurscrash en waarom?

[Frank Giustra @Frank_Giustra]

Read my latest article- “The mining business is miserable when supply is abundant and prices languish. But when the world really needs what you have—and can’t get it elsewhere—the rewards can be life-changing. Copper is at that inflection point” https://t.co/FUJmuWJWLV

[David Bird (ASX Trader) B.Ed, CFTe @ASX__Trader]

SILVER MINERS HAVE JUST BEGUN

If you really think silver and the junior silver miners can spend 12 years accumulating, finally break out in July last year, rally for six months… and then suddenly roll into another 13-year bear market — like 1980 or 2011 — you need to step back and think logically.

That’s not how markets work.

Markets don’t sit in a bear market for 13 years and then rally for six months just to die again for another decade. What wasn’t normal was silver miners exploding from $22 to $125 in a 18 months. That was the abnormal move.

What we’re seeing now is completely different — it’s mean reversion. A healthy pullback. Froth getting washed out. Typical wave structure.

This is what always happens:

- the excess gets wiped out

- the late money gets punished

- the last 3 months of hype buyers get flushed out

- capitulation happens

- then price resets back to a healthier level and continues

Anyone who piled in because it was suddenly “the thing” everyone was talking about… gets cleaned up. Every time. No exceptions.

For people like us, we’re not worried because we bought in early:

March / April 2024

Anyone who bought before September 2025 — is going to be fine.

But anyone who bought after September 2025? That’s where the risk is. That’s where gains can turn into losses.

And heading into 2026, we still don’t know how aggressive this pullback will be — will it be shallow or deeper? Either way, it’s healthy. It’s normal. It’s exactly what you expect at the top of a wave in the early stages of a new cycle.

This is coming from someone who called the bottom in these miners. Someone who kept in silver the whole way up and only a few days ago said we’re at the top of a wave.

The market is doing exactly what it should be doing.

Like I’ve said for weeks: know your time horizon.
If you were trying to get rich in 2026 — you’re late.
If you’re investing long term — you’re still at the beginning of the cycle.

You’ve only just broken out of the major accumulation zones.

[piet0707 @piet0707]

@MaartenVerheyen Hi Maarten, hoe verwacht dat je dat de miners het gaat doen komende maanden / jaren?

[Goud999 @goud999]

De gevolgen van het loslaten van de Gouden standaard..

[Holland Gold @hollandgold]

24) Meer weten? Lees de complete weekselectie van @GoedWeerGeniete op onze website 👇 https://t.co/t1KvVEZeBq

[Mark @Mark4XX]

#Silver Read this - 👇

[Md Riyazuddin @riyazmd774]

R.I.P. GOOGLE FLIGHTS IN 2026.
R.I.P. BOOKING DOT COM IN 2026.
R.I.P. SKYSCANNER IN 2026.

$1,412 flight. I paid $186.

These 7 ChatGPT prompts quietly break airline pricing:

[Willem Middelkoop @wmiddelkoop]

Must Read

Ht @LukeGromen

[Brandon Beylo @marketplunger1]

Robert Friedland (@robert_ivanhoe) is one of the most important voices in Metals & Mining.

When he speaks, we should listen.

He recently gave a 40-minute speech on Green Energy, Electrification, Metal Scarcity, and more.

Here are my notes from the talk 👇

WHAT DOES "ENERGY TRANSITION" MEAN?

"You have a billion people that burn firewood to live. They have no access to electrical energy."

"We're burning more coal and more oil today than in the history of the world."

"We spent $4T putting up solar panels for hydrocarbons to still capture 83% of energy source."

"You're not going to stop global warming by buying an electric car."

ON ELECTRIC CARS & EV BATTERIES

"With current lithium ion technology, the destruction we cause, the global warming gas we cause, we might as well sit on our chairs and do nothing."

"You just bought your wife a coal-burning car by buying an EV."

"The current generation of EV batteries will be toast in 2-3 years."

"I would short every lithium company in the world."

"We're going to kill the lithium hydroxide business over time."

COMMON METALS VITAL FOR TRANSITION

"If we're going to have a transition, we need common and abundant materials. We can't rely on things like nickel."

"The batteries they're making now are low-grade lithium metal. You don't need nickel, cobalt, graphite, They're out the window."

"You want batteries made out of common materials so billions of people can use it."

WOMB TO TOMB EXAMINATION OF NET ZERO

"Look at the whole system if you're trying to eliminate global warming."

"The Chinese are saying 2060 and India is now saying 2070. What does that tell you?"

"There's zero chance that the twelve major automakers will find enough nickel to make their batteries."

"The amount of metal we need doesn't exist currently in a way that's green or sustainable. It's apparent to any readily intelligible person."

"How can we stop burning coal and oil and not have an energy transition?"

TWO COMPETING PARADIGMS

"We have two competing tribes. One tribe says 'I want to save the world, I'm green, I need cobalt, nickel, platinum, or palladium'. The other tribe says 'Holy shit, the Army/Navy wants these metals for national defense.'"

"The intensity of metal demand in conflict is beyond your wildest imagination. In WWI you needed a telescope to see the price of copper."

"So we're heading to a world where both tribes have a strong demand for more metals. We're balkenizing the world into two camps and its tearing the global supply chains apart."

A VERY DIFFICULT TIME

"It does appear that the world is warming, and there's zero chance we'll reduce that. The question is how bad will it get?"

"I was in CA recently, it was $6.20 per gallon. The average citizen is pissed off."

"I agree with Jamie Dimon that this is the most dangerous time since I've been alive."

"The Fed are idiots. They told us that inflation was over. And it's not even close."

WE NEED TO REINVENT THE MINING INDUSTRY

"First of all, we have to try to mine in the United States. No intelligent person has tried to do that in the last few generations."

"Everything is blown out of proportion because mining is viewed as a bad thing."

"We also have to determine what metals we actually need for the future. Which is copper."

"Imagine you're plugging an EV w/ 1MW charger. Our grid is literally a 110 year old lady waiting to die. The Chinese tell me it will take $21T to rebuild the electrical grid."

"Our grid is like balancing a pencil vertically on your palm. There's no storage there."

"The symbol of the US, the bald eagle, is flying into offshore windmills. They're just chewing them up. Who wants to live near them? They're very low density."

"At least real miners know how hard it is to actually find metals and mine it."

ENERGY CONSUMPTION

"A Google search requires 1,000 joules of electrical energy. You think its free, but its paid for by advertising."

"You think the internet is green? You know how much energy it requires to use AI/ChatGPT? You think Bitcoin/crypto is green?"

IMPORTANCE OF COPPER

"I don't know if we need gold. But I do know we need copper. And we need it really badly."

"Having said that, I'd rather there be gold in my copper. Because people will always want gold."

"People are getting rid of their excess copper because they're de-stocking to reduce their interest cost. But we're nearing the end of de-stocking and paper selling."

"This huge clash is coming between Army, Navy, Air Force and the Greening of the world economy. And the miners have an unbelievable burden to make that happen."

"At the same time we need these metals, its harder to get the equipment needed to mine the metal!"

"The miners have a very important role to play to supply the world with the metals it desperately needs."

IMPORTANCE OF SAUDI ARABIA

"If Saudi Arabia can't maintain basic energy security, we'll have $200-$300 oil. We need stability in that pricing. At $100-$300 oil, people in Egypt don't eat."

"Saudi is playing a beneficial role by keeping oil between $70-90 per barrel."

AUDIENCE Q&A

"The valuation of the mining industry relative to the S&P 500 is the lowest in living memory. The general person thinks that mining is evil and must be eliminated."

"50% of what goes into an EV is hydrocarbon. If we stopped producing oil, half of humanity would die from starvation."

"I don't think we understand how formidable the Chinese are."

"In a Balkenized economy, we went from a Just-in-Time supply chain to a Just-in-Case supply chain."

"How much metal do we need to build nuclear reactors? How much steel, concrete, rebar, nuclear engineers do you need to build these things?"

"The problem is that the world economy is Balkenized. Where is the steel coming from? Where are the pumps coming from? The French want nuclear power, and the Germans are burning coal. Even within Europe, its Balkenized. That's all I see."

"I think the mining industry needs to defend itself more. Where do you think stuff comes from? There's the hardware of the mine (tons, grade, engineering).

Then there's all the people around the mine (locals). There's invariably a clash with the locals around the mine. Unless they're buying into it, its not going to happen. That's the software around mining."

ON KNOWING WHERE THINGS COME FROM

"People don't realize where things come from. As people live in urban environments, they forget where things come from."

"We need to communicate the importance of mining and humanize it as an activity. We need to mine in the United States. We need to figure out what should be mined, where we're allowed to mine, and how."

[Dipti Sharma @Diptish09]

GOODBYE BOOKING .COM

I paid $119 for a $1,209 flight.
No points.
No shady hacks.
Just AI.

Here are 7 prompts that cut my flight costs:

[Andrew D. Huberman, Ph.D. @hubermanlab]

Very short protocol tutorial on why viewing sunlight at certain times is especially beneficial, why “daylight” is the better term than sunlight, the sun-cortisol-melatonin energy-sleep link and a bunch more. Enjoy!

[Willem Middelkoop @wmiddelkoop]

Discussing the Silver Short Squeeze, the worldwide scramble for physical, and COMEX ‘tricks’, for Dubai TV @AsharqBusiness /Bloomberg from Switzerland

https://t.co/RLleht8ENj

[TheApeOfGoldStreet @TheApeOfGoldST]

#GOLD - One of the best videos out there.

[Gold Ventures 🟡 @TheLastDegree]

This is arguably the best piece on Silver written this last month. No summary, just read in full.

FYI: written by the former head of commodities at Bridgewater. ping @LukeGromen

[piet0707 @piet0707]

@MaartenVerheyen Hi Maarten, hoe bouw jij exposure op in olie? Gwn door olie aandelen te kopen of ?

[piet0707 @piet0707]

@KarelMercx Hi Karel, hoeveel % van je portfolio zet je in cash? En wat is je plan qua investeringen mocht er een meerjarige recessie komen?

[Ray Dalio @RayDalio]

When an empire runs out of its own money, it is able to increase the supply of money. However, printing more money causes borrowing to increase creating a financial bubble. I urge you to watch “The Changing World Order” on my YouTube channel to understand how, and what it means for all of us.

#principles #raydalio

[Mises Instituut Nederland @MisesNL]

https://t.co/Kumq5PrZqG
De tweede lezing van de Mises conferentie is nu ook te bekijken op ons YouTube kanaal! ✨📺

Guido Hülsmann, auteur van o.m. 'The Ethics of Money Production' over de ethische en culturele aspecten van het fiat geldstelsel en inflatie. Wat betekent het voor een samenleving als geld niet meer betrouwbaar is, maar door overheden voor politiek gewin wordt gemanipuleerd? Wanneer geld met één druk op de knop kan worden bijgemaakt, verdwijnt de band tussen inspanning en beloning. Wat doet dat met hoe we sparen, plannen, opvoeden, investeren — en met wat we belangrijk vinden?
En welke mogelijkheden zou een samenleving bieden waar het geld weer eerlijk wordt geproduceerd, door de markt, niet door dwang? Kan daarmee weer een samenleving op betrouwbaarheid, verantwoordelijkheid en onderlinge solidariteit worden gebouwd?

[piet0707 @piet0707]

@lexhoogduin @grok leg het antwoord van Lex Hoogduin uit