Trading the stockmarket (NO Referrals)

tangey · Tuesday at 15:15

silversurfer said:
Rare earths arent rare, counterintuitive REE. Greenland has a lot of them, basic advice is get back your original money plus some for inflation this year then you are ok if this 'rare' market should be a bit lumpy. 90% of processing capability is within China

ironically they may actually become rare if China decides to go that direction.

Chuk_Chuk · Tuesday at 15:15

Trusty said:
https://www.bbc.co.uk/news/articles/ckgk21nng0vo

No doubt people saw this, we've truly crossed the rubicon.

And i don't think people quite understand the precarious situation we find ourselves in.

Are you talking about a full blown trade war the west VS China or something else?

Trusty · Tuesday at 15:16

Chuk_Chuk said:
With all our net zero targets I don’t see us mining Greenland in any meaningful way

Not within the next 30 years no, but 2060 and beyond it'll be pretty important. And Denmark aint gonna be able to fund it

tangey · Tuesday at 15:16

Trusty said:
https://www.bbc.co.uk/news/articles/ckgk21nng0vo

No doubt people saw this, we've truly crossed the rubicon.

And i don't think people quite understand the precarious situation we find ourselves in.

wow, I agree that's a really drastic move with potentially big repercussions.

Trusty · Tuesday at 15:18

Chuk_Chuk said:
Are you talking about a full blown trade war the west VS China or something else?

We're already in a capital and economic war. Trump and Xi both know that it needs to be orderly but whether it gets out of hand is yet to be seen.

Wouldn't be surprised if Xi does something in retaliation for Trump getting Qatar on board with the ME/Gaza plan. That's a crucial piece to the IMEC corridor and its success/prosperity.

tangey · Tuesday at 15:20

@silversurfer who do you use to trade on the ASX, I use IG.

Ah, I just noticed you're not in the UK

Chuk_Chuk · Tuesday at 15:25

Trusty said:
Not within the next 30 years no, but 2060 and beyond it'll be pretty important. And Denmark aint gonna be able to fund it

That’s a problem because with way China has been climbing these last few years 2060 maybe too late.

Hopefully the politicians wake up before then.

Trusty · Tuesday at 15:28

Chuk_Chuk said:
That’s a problem because with way China has been climbing these last few years 2060 maybe too late.

Hopefully the politicians wake up before then.

Well Canada is the golden goose, its why Trump has joked about it becoming the 51st state. It's got all the rare earths that China does basically. But production needs to ramp up through investment, which seems to be happening.

https://finance.yahoo.com/news/trum...Xl7nwNlyO1EPE4QbNvZW__JN_xEiTR2SkJw38AHYRzmNI

#Chri5# · Tuesday at 15:37

silversurfer said:
Rare earths arent rare, counterintuitive REE. Greenland has a lot of them, basic advice is get back your original money plus some for inflation this year then you are ok if this 'rare' market should be a bit lumpy. 90% of processing capability is within China

I should have said that MKA aren't just about digging stuff out of the ground (their assets are in Malawi) but also magnet recycling from scrap. Interesting to hear other people's thoughts though when debating to hold or sell.

MKA said:
Following a transaction completed in August 2023, HyProMag is 100% owned by Maginito Limited, a 90% owned subsidiary of UK and Canada listed, Mkango Resources Ltd (TSXV/AIM:MKA). The core technology being commercialised by HyProMag is the highly energy efficient, patented Hydrogen Processing of Magnet Scrap ("HPMS") technology to extract and demagnetise NdFeB (neodymium iron boron) alloy powders from magnets embedded in scrap and redundant equipment.

LostCorpse · Tuesday at 16:40

silversurfer said:
Rare earths arent rare, counterintuitive REE. Greenland has a lot of them, basic advice is get back your original money plus some for inflation this year then you are ok if this 'rare' market should be a bit lumpy. 90% of processing capability is within China

reason US is so interested in it then

Trusty · Tuesday at 16:50

Pettis always worth a read.

https://twitter.com/x/status/1978117593111134560

Uther · Tuesday at 17:19

Thought it was going to be a bit red today but nope, still going up...

Dis86 · Tuesday at 17:32

Uther said:
Thought it was going to be a bit red today but nope, still going up...

Red here

Uther · Tuesday at 17:40

Dis86 said:
Red here

The Diddums School of Investing.

radderfire · Tuesday at 17:41

silversurfer said:
This gold dynamic is almost literally off the charts reflection of volatility and the Trump being a meme almost every day.

I would say it's a reflection of debasement of the Dollar and other currencies. It's the debasement trade, the same as for Bitcoin.

Trump stood for President on the basis of addressing the debt, with the support of Elon Musk, but he's now done the exact opposite. Hence the stock market continues to be pumped.

mattyfez · Tuesday at 18:14

I went red today and then recovered to where I was this morning, less about £5. Meh.

ProStreet · Tuesday at 19:28

Up 10% on Dwave and 8% on RL today following the successful launch :cool:

413x · Tuesday at 19:45

ProStreet said:
Up 10% on Dwave and 8% on RL today following the successful launch

RL?

Yeah I'm pleased with d-wave. It's my biggest holding in quantum.

Ionq.. It's really lagging the others. But if I were all in on one. It would be ionq.

ProStreet · Tuesday at 19:50

413x said:
RL?

Yeah I'm pleased with d-wave. It's my biggest holding in quantum.

Ionq.. It's really lagging the others. But if I were all in on one. It would be ionq.

Rocketlab, yeah ionq is steady

bliss · Tuesday at 19:50

413x said:
RL?

I'm thinking Rocket Lab.