MARKETS,Anybody even yet?

[dinghy]

This week for the miners has been some of the ridiculousest price action in recent memory. Monday, GDX was -3% in early action, then roared back to finish green.

Today, GDX was hanging around even, and then the trap door opened for a slow-motion 5% plunge.

There hasn't been any semblance of news.

In my view, anything that doesn't make sense is a trading opportunity.

[dinghy]

And of course to take advantage of the Trump tariff game. He needs 3 wheels to spin. One for the percentage, one for the countries, and one for the start date.

Today the wheel landed on Brazil.

[olds442jetaway]

All I bought today was a little Royal Gold just before close. I think I’m going to take a breather for a few days and see what happens. That’s what I say now anyway.

[dinghy]

All I bought today was a little Royal Gold just before close

I got more RGLD shares Wednesday morning as it was pushing down toward 158. I don't know about the deal, but they have a good track record and the acquired shareholders (Sandstorm) seem unhappy with the price, lol.

This morning I'm buying more ConGAGra. Just paid 18.55, and watching to catch a deeper plunge.

[dinghy]

The gold royalty and streaming companies are some of the leanest operators anywhere.

Wheaton WPM has a $40B market cap, and 50 employees.

Franco Nevada FNV has a $30B mc, and 50 employees.

RGLD Royal Gold has a $10B mc, and 30 employees.

OR Osisko Royalties has a $5B mc, and 35 employees.

They remind me of the Buffett investment portfolio concept, although Warren has rarely said anything good about gold.

They're good companies, but I generally prefer miners because they're cheaper and more hated. I was into FNV for a while after it plunged on the Cobre Panama shutdown, but I've taken those profits.

Elsewhere, I don't know why VALE is +4% today, but I'll take what I get. Everything else in Brazil is red.

[dinghy]

RGLD on sale. Just added below 158.

[FAA]

Wendy’s CEO has left to run Hershey’s, dreaming of the Sweet Smell of Success. But Wendy’s is -49% in two years. Hershey’s board must be on a sugar high. Come run us into the ground too, Captain of Industry. Shareholders are said to be plenty frosty.

[dinghy]

FAA, I can't compete with your pun game.

Ramaco Resources -- go home, you're drunk.



METC is near 19 after-hours, but I see it was above 20 just earlier. So I'll wait for a rebound. Something to do with critical materials for the Trump admin. The CEO was on Bubblevision.

On paper this is a double for me, as I bought between 7 and 9. On April 4th, I missed a fill at 6.54 .

[olds442jetaway]

I was late to the plate today on Royal Gold. Check again next week.