Jubilee Metals Group Jubilee broke a strong resistance at R3.50, shooting up 18% to hit R4.15.
I expect a pullback as it reaches the upper end of the trend line, before moving higher again.
I'll use this upcoming pullback to add to my position.
Copper
Copper Mcx Daily AnalysisPls look at charts
Target given both sides.
This is for education purpose only.
Copper prices are testing support, potential bounce Copper prices are testing our first support in line with our 23.6% fibonacci retracement, 61.8% fibonacci extension and ascending trend line where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
The Inflation has LandedThe media has recognized and confirmed what we have been warning about for some time, that inflation was on the way. Well it is finally here.
‘The accommodative/bailout policies of Greenspan and his protégé Bernanke as figureheads of federal intervention and involvement into financial and monetary affairs and their ability to arbitrarily yield federal power have done nothing more than turn market participants into Pavlov’s dogs. The money they have materialized and forced fed into the global financial system without any commensurate increase in production in their economies is money in search of mischief and is very likely to find it…in the form of very serious inflation.’ theimpartiallens.com March 2015 & 2020
‘The powers that be have had to intervene in every crisis we’ve had since the 1980s. and since The Great Financial Crisis of 2007, we now realize that we can never ever stop printing money. It is inflate or die’. theimpartiallens.com February 2021
Cost-Push Inflation
The only people who can’t see the inflation are the authorities who are printing the money. They use the corrupt and decades old revision of the CPI. Meanwhile inflation is rampant in the real world. We mentioned in the following piece theimpartiallens.com that inflation manifests itself in different ways. It can go into stocks, bonds, foreign countries, oil, crypto, your health costs, your housing costs, educational costs, etc. The powers that be can live in denial and it’s not a river in Egypt. But the inflation we warned about that is now taking shape, the one they fear, the one that will bring about the revolutions, is cost-push inflation, especially food price inflation. They will try to disguise it for a while longer with shrinkflation, but when the masses realize that they are spending the same, but their kids are still hungry…watch out!
One of our favorite investment themes ie. 'Real Assets' has finally caught a bid since the summer of 2020 as we can see from the performance of the following ETF’s:
Agriculture (DBA) +45%
Commodities (DBC) +72%<
Base Metals (DBB) +69%
Agri-Business (MOO) 75%
Uranium (URA) 112%
WTI Crude Oil (DBO) 111%
Water (FIW) 64%
Palladium (PALL) 61%
Brent Crude Oil (BNO) 117%
Rare Earths (REMX) +172%
Copper Miners (COPX) 300%
Lithium (LIT) 148%
Cannabis (YOLO) 150%
Time to Rebalance Portfolios?
No harm in taking SOME crypto gains and buying some real stuff! Gold, Silver & the mining companies look interesting here. We went long the following six ETF’s in March/April 2020 in anticipation of upcoming inflation: GDX (Gold & Silver Miners), GDXJ (Junior Gold & Silver Miners), WPM (Gold, Silver, Palladium, Cobalt), WTR (Water), GLD (Gold), COW (LIvestock).
‘Nobody ever lost money taking a profit.’ Bernard Baruch
“Art is making something out of nothing, and selling it.”
― Frank Zappa
theimpartiallens.com
Copper prices are facing bullish pressure Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement, 61.8% fibonacci extension and ascending trend line where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
COPPER- Can it go to 6??Copper is flying high and the question is where to?
We have reached all 4 take profit targets , relatively faster than expected.
Does Copper price have potential to go to 5 or even 6? I guess we will find out soon.
the FXPROFESSOR
COPPER (XCU/USD) – Week 18 – Strong bulls.In our previous analysis, Copper broke the top, despite our initial expectations regarding a possible price decrease.
Having said that, in the following days, we anticipate a pullback towards the support area before resuming its uptrend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Copper is facing bullish pressure, potential upside Copper prices are facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 61.8% fibonacci extension and graphical pullback support, where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
Copper Miners ST Top COPX wave 5 top lies out of channel around the 25th of June.
The end of June will be in my mind, 25th-28th have recurred as dates of peak projections on so many charts of mine that I will make a trading plan around it. We could see a slow down in metals and miners late summer into the autumn. I think Q4 will probably rip into a larger crash, not so sure on the David Hunter Q3 Bust, maybe Q4.
A correction at that point may retrace a minimum of 15% to the 50D MA
TRQThis is weekly chart. Considering how well Dr. Copper ran lately and how Gold is about to break out this chart looks great. Easy $9 up potential in a short term and if we get Golden cross and Gold and Copper prices reaching new ATH previous $290 range is very realistic possibility. I would buy this one if I had any $$$ left. I am all in already. Good luck
Copper is facing bullish pressure, potential bounceCopper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and graphical pullback support, where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
GRDM -- Massive Copper & Palladium intercept!Grid Metals Intersects 37.6 g/t Palladium and 21.3% Copper in Massive Sulfide Vein at East Bull Lake; Parisien Lake Zone Continues to Expand
TORONTO, ON / ACCESSWIRE / May 5, 2021 / Grid Metals Corp. (the "Company") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to report new results from three additional drill holes from the Central Parisien Lake Zone at its East Bull Lake palladium property (the "Property") located near Sudbury, Ontario. Drilling hit multiple zones of palladium-dominant mineralization including a footwall copper sulfide vein containing 1.2 ounces per tonne palladium. Drilling results received over the last ten months combined with geophysical data confirm the presence of a persistently mineralized layer along the base of the East Bull Lake intrusion having the potential to host multiple, near surface palladium-rich copper-nickel sulfide deposits.
Highlights
Drillhole EBL 21-09 intersected three discrete zones of palladium-rich sulfide mineralization including a footwall copper sulfide vein which grades 37.6 g/t Pd (1.2 oz/tonne Pd), 6.68 g/t Pt and 21.3% Cu over 0.54 metres within a two metre mineralized interval averaging 10.7 g/t Pd and 5.87% Cu. Similar grades are present in footwall copper sulfide veins in major magmatic systems, globally - including both the Sudbury and Noril'sk mining camps. An offhole conductor adjacent to this vein was subsequently detected by borehole geophysics.
Drill hole EBL21-07, drilled 70 metres southeast from EBL21-09, also intersected wide zones of palladium mineralization having local higher-grade sections including 1.0 metres of 11.5 g/t Pd from 6.0 metres depth.
EBL21-08, the most northerly and westerly hole drilled in the target area, is a 350 metre step out from the main area of drilling. It intersected a narrow, higher-grade section in the Basal Layer (0.75 metres with 4.64 g/t Pd and 1.19 Pt).
The area between hole EBL21-08 in the west and holes EBL21-07 and 09 in the east is over 200 metres wide and is centered on a potential north-striking feeder fault that remains to be drilled.
Palladium mineralization continues to be associated with an extensive, inclusion-rich gabbro layer that blankets the base of the East Bull Lake intrusion, herein referred to as the "Basal Layer." The Company is now confident in its ability to predict the position of the Basal Layer to depths exceeding several hundred metres across the entire >20 km strike length of the property using a combination of resistivity, conductivity and magnetic survey data.
Copper prices are facing bullish pressure Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and graphical pullback support, where we could see a further upside above this level. EMA and Ichimoku cloud are showing signs of bullish pressure as well, in line with our bullish bias.
Copper Very Cheap and New Silver 8$-9$-10$ Copper, Solar panels,
wind turbine and New generation drone, jet, car, tank, heat pipes,
electricity. so copper will be needed every day.
It was the decision to press the US and Europe bar at first.
In other words, they will encourage the people to shop by impoverishing them.
Factories will store tons of copper, except for those who want to protect their money.
I have not seen any damage so far. Those who wait will always win.
Don't Shake Yourself. Think long term.
It is not investment advice.
I buyed, I wait, I'll keep it until I die if necessary.
I will leave a legacy to my children.
The graphics never hold 100%,
do not stretch yourself,
do not hurt yourself to make a trade.
After all, copper will be used in those skyscrapers.
Cu time, Cu time, Copper win time...!
Copper prices are facing bullish pressure from our supportCopper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. A break above our upside confirmation level, could provide the bullish acceleration to our first resistance target. Ichimoku cloud is showing signs of bullish pressure, in line with our bullish bias.
Copper prices are facing bullish pressure Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. A break above our upside confirmation level, could provide the bullish acceleration to our first resistance target. Ichimoku cloud is showing signs of bullish pressure, in line with our bullish bias.
Copper prices are facing bullish pressure, potential bounce Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. A break above our upside confirmation level, could provide the bullish acceleration to our first resistance target. Ichimoku cloud and 20 EMA are showing signs of bullish pressure, in line with our bullish bias.
CNX - High grade copper junior @ big discount to $5.50 financing- $42 mkt cap, 13M float. #copper
- They've been hitting high grade copper intercepts: 7.55m of 5.01% Copper Eq in 257m Vertical Step-out in most recent assays
- Closed $8.9M oversubscribed financing on Feb 25 significantly above current sp at $5.52.
- Most recent insider options were granted at $5
- The float is super tight at 13.14M shares and it could make a big move very quick, especially with copper prices hitting record highs.
Copper prices are facing bullish pressure, potential bounce Copper prices are facing bullish pressure from our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. A break above our upside confirmation level, could provide the bullish acceleration to our first resistance target. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
Copper prices are approaching support, potential bounce Copper prices are approaching our first support in line with our 23.6% fibonacci retracement and 78.6% fibonacci extension, where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure, in line with our bullish bias.
