/CMMG/ Commodities, Macro, and Mining General

Oh, noes, BOILer bros, you got too cocky.

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What is the connection between energy and a recession?

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almost all of the videos are the same guy and i'm watching the first one to get an idea of what he's about and this looks like shit, buddy

I haven't watched the videos used in the OP myself but personally I think it'd be better to dump everything in a pastebin and leave the OP for recent events and news. Not willing to make the change for this particular thread unilaterally since I usually never start the threads anyway.

this series from one of those pastebins is sweet
>Mariusz Skonieczny: "I hate miners" video series demonstrating past companies or projects that have been unsuccessful despite all odds:
>youtube.com/watch?v=Qnco6XJkvNk&list=PLmubI4jYIeYWDxHcf1uq4rnhttXWlYoCU

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Hello cmmg. I made a post in smg asking for advice, and I was told to re-post it here, which I think is a great idea.

What things do you look for when picking a company to invest in? What type of information do you look for? Do you make charts? How do you decide business A instead of business B?

All I know so far is that I want to invest in energy. I want to look into the specifics, and I would love to hear others ideas

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Right, I think that was my post that directed you here. I like /cmmg/ because it's generally slower, comfier, and more educated, and you won't see it flip through the catalog like 10 times in a day.

Like anything else, it depends on your investment objectives, time horizon, and risk tolerance. Some people are happy swinging leveraged oil etfs, some are long on companies like XOM, etc etc.

For me, I love companies that are optionable, because I can write covered calls against them and recoup the entry cost over time. For example, if you have reasonably accurate pricing and timing on them, you can earn 20-30% a year with almost no risk while going long on a position. This means that you can recover the cost of entry after 3-5 years, all else being equal. Very powerful tool if done correctly. Think of it like a dividend you can apply to any stock. I'm doing this with UUUU, since I like the uranium and ree angle it offers.

In a normal economy, wall street prices in the future growth of a company based on its financials and forward-looking projections. In other words, the current spot price of a stock is what the market thinks the company should be valued at, accounting for future revenue. This is why beating analyst expectations is so critical! Other beneficial things to look at include properties (whether they're drill/mine locations, IPs, etc), free cash flow, whether it pays a divvy or not, etc.

Charts are useful for finding the current trend of an equity. You're not going to day trade these things, you're going to hold it for at least a year or two and get comfy. There's no harm in looking at it and seeing if eg the RSI and MA crossover of MACD look appropriate, and if not, waiting for a bottom. Shouldn't throw all your money into something all at once, either. Set a budget, maybe put $50 or whatever into stocks a month, more if you can. If you buy things over it, it gives you a better picture of what its average cost was (more data points).

I asked this last time but what's wrong with my portfolio consisting only of uranium and BTC if I get good entries? Planning on sub 10k BTC and just stacking uranium in like 6-12 months when the market bottoms out or at least starts to.

For now I'm learning every day and getting ready to start in the market for real.
I have decided that my first order of business is to get my accounts in order to start buying stocks (I don't even have a bank account)
Then, I am thinking about going long on energy companies. I want to start with something chill, something in which I don't have to check the price all the time. Stocks I could leave stored and I know they are slowly growing over time, or giving me some dividends. I'm not looking to be a full-time trader, I just want to be able to use the market to have some diversification other than just physical goods, and start building avenues of passive income over time

Thanks for you detailed post, biz has been super helpful. For now, I'm mostly on PMs, I plan on mining Monero, and with smg that'd be another avenue for gains. I think that if you diversify like that, you are super comfy. PMs are great in the sense that if shit hits the fan, or if I end up homeless or in a bad spot, I have something of value to trade. They serve that function, but the value isn't really moving - there are no chances the coins will duplicate themselves

What do you think about uranium user? I'm in the same boat, new and looking for energy, also without a bank account. I'm pretty sold on the uranium thesis and just want to stack it. I also mine ZEC currently but just for the heat for some crops. Want to get a proper BTC miner once I get 240v installed.