Jim Patterson

[Jim Patterson @tacticaltrading]

@LukeGromen If central banks continue adding gold to reserves, eventually gold price goes up
It is impossible to do that with dollars

So, what am I missing?
Why am I wrong?

#anyone

[Jim Patterson @tacticaltrading]

@dailydirtnap Hurricanes 2 goals in
Was it 36 or 38 seconds 🤔

[*Walter Bloomberg @DeItaone]

CITI SAYS THAT FOR A RERUN OF 1970S OIL SHOCK STRAIT OF HORMUZ MAY NEED TO REMAIN CLOSED EARLY 2027

[Jim Patterson @tacticaltrading]

@KobeissiLetter At some point, the market's going to call b******* on all the b******* coming from the white house

That probably won't be a good time for the market in general

[Jim Patterson @tacticaltrading]

@PauloMacro #reality
It is an incredibly well spun narrative that is factually correct today

The fact is that in 6 months the global economy could be in collapse due to a lack of energy

[Jim Patterson @tacticaltrading]

@RealJimChanos @ValueAnalyst1 The key is NVDA 75% profit margins
That's what enables the circular scheme to keep going
If their margins were only 25% there isn't enough leftover to power the paradigm higher and the cycle would stall out & fail faster

[Jim Patterson @tacticaltrading]

@LucaFornaro3 @adam_tooze I wonder what a chart of the number of highly educated people wanting to publish stuff in each region would look like
Hum....
Does anyone think it might look somewhat similar to this one?

[Jim Patterson @tacticaltrading]

Once upon a time this would have been called what it actually is,
An Oil Shortage

[OilPrice.com @OilandEnergy]

JPMorgan sees demand destruction to the tune of 4.3 million bpd so far in April, a lot more than during the Global Financial Crisis of 2009.

They suggest that despite the current high prices for oil products, this is not the traditional 'price-driven' destruction, but forced demand loss due to missing supply.

[Jim Patterson @tacticaltrading]

@PauloMacro There is a reason you don't take out the #1 decision maker
We took out (too) many top decision makers
Now we must patiently wait while their highly disrupted system reorganizes itself

IMO interfering will only lengthen the process

[Jim Patterson @tacticaltrading]

@PauloMacro Does this not ensure higher prices For longer?

[Jim Patterson @tacticaltrading]

@hkuppy @favunc42052634 The one thing we have on our side are Iran's oil customers?
But that may not be enough

[Jim Patterson @tacticaltrading]

@PauloMacro This is how politics works on both sides
#reality

[Garic Moran @GaricMoran]

At today's lows, Gold miners pre-tax profit margins were 10x higher than 3 years ago; anyone selling Gold miners today, but bought them earlier this week should find a different hobby:

[Jim Patterson @tacticaltrading]

@atlanticdms @LuizaJarovsky If it is properly footnoted yes
The problem is the LLMs don't do footnotes.
High-school and college students are (well they were) held to a higher standard of conduct than LLMs

[Jim Patterson @tacticaltrading]

Music from the 80s is used all the time on TV
Is it because of familiarity
Because it is good
Because current music isn't that good
Because much of it was made without midi files?

[Garic Moran @GaricMoran]

Producing Gold & Silver miners are generating over 60% pre-tax profit margins; numerous development ready projects continue to trade @ 10% of NAV @ current spot prices. One morning we are going to wake up & the Mergers & Acquisition cycle will take off. The day the acquirer opens up, the party will have begun.

Not investment advice; do your own due diligence. Past outperformance of this sector does not guarantee future outperformance of this sector.

[Garic Moran @GaricMoran]

All long-term stock market indicators (low cash levels, margin debt, equity as % of house hold net worth, valuations) are saying a major top in common stocks is possible. While, US investors are all in on common stocks, their exposure to precious metals remains historically low.

Meanwhile, the S&P 500 to Gold ratio has already broken down on long-term charts.

Not investment advice; do your own due diligence. Past outperformance of this sector does not guarantee future outperformance of this sector.

[Jim Patterson @tacticaltrading]

@MakeGoldGreat 600 mile charge in 9 minutes
#GoodLuckWithThat
#physics
#reality

Not saying anything bad about the battery
But charging it in 9 minutes is fantasy marketing

[Jim Patterson @tacticaltrading]

This post perfectly encapsulates today's world
She must say what she must say
Because if she spoke the truth, someone could be held responsible.
And since all politicians are responsible for a bad decision somewhere, they all will lie to protect the collective

[Jim Patterson @tacticaltrading]

Anyone notice the steepening yield curve?