itsbigmikey
| Favorite team: | LSU  |
| Location: | NASHVILLE |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 363 |
| Registered on: | 8/23/2018 |
| Online Status: | Not Online |
Recent Posts
Message
re: Uranium>Silver
Posted by itsbigmikey on 2/28/24 at 7:32 am
This sector is extremely volatile. I personally like URNM and URNJ better than URA just because they're uranium pure-plays while URA isn't. URA has more liquidity and a better options chain which is nice though.
This is all about your risk appetite. IMO the surest bets are U.UN (Sput), CCJ, KAP,...
1
re: Uranium>Silver
Posted by itsbigmikey on 2/15/24 at 6:54 am
Not a bad idea. The volatility in this sector is no joke but allows for great DCA opportunities. I'm having to build some cash currently but would probably be joining you if I wasn't....
re: Uranium>Silver
Posted by itsbigmikey on 2/1/24 at 12:49 pm
Looks like spot starting to get frisky again too. Ask at $108...
re: Uranium>Silver
Posted by itsbigmikey on 2/1/24 at 12:43 pm
I think you're right. All about our appetite for volatility at this point with equities. Downward pressure on the spot price seems like a fairytale with what is happening currently. Really anticipating what Cameco comes out with during earnings on the 8th. $KAP's "bad news" raised their stock price ...
re: Uranium>Silver
Posted by itsbigmikey on 2/1/24 at 11:17 am
$KAP (world's largest producer) announcing shortfall in production. More bullish news for the sector. $CCJ may be saying the same thing in a week's time. What a setup...
re: Uranium>Silver
Posted by itsbigmikey on 1/12/24 at 7:21 am
Spot Price just hit $100! Things might get wild out there. Equities still lagging significantly but SPUT has continued to be a monster. Spot price more than doubled in a year and I don't know what it will take to get more u308 on the market.
Crazy times but it seems like we're close to entering ...
re: Uranium ETFS/Niger Coup
Posted by itsbigmikey on 1/10/24 at 7:06 am
URA has a better options market but if you want pure-play uranium I'd go URNM and/or URNJ...
re: What is your largest stock holding in your portfolio
Posted by itsbigmikey on 1/9/24 at 8:38 am
SRUUF. Sprott Physical Uranium Trust...
re: Buying new home - Renting current townhouse
Posted by itsbigmikey on 12/29/23 at 8:33 am
Interesting thought. Thank you...
re: Buying new home - Renting current townhouse
Posted by itsbigmikey on 12/29/23 at 6:25 am
[quote]
Why an 800k house?[/quote]
I think something got lost in translation here. I would be looking for something probably in the mid 600K's and would max go 750k if the money worked. I appreciate all of the input though!...
re: Buying new home - Renting current townhouse
Posted by itsbigmikey on 12/28/23 at 2:18 pm
[quote]Why do you want to move out of the townhouse at this point? That is a huge amount of space for a married couple, I wouldn’t even consider moving out until I had two kids.[/quote]
Fair question. We would like a stand alone house and a yard for our dog and children is the short answer. Our s...
re: Buying new home - Renting current townhouse
Posted by itsbigmikey on 12/28/23 at 2:06 pm
[quote]Does the 1300 monthly payment include taxes or is that additional?[/quote]
I botched this. It is included as I pay into an escrow account for insurance and taxes...
Buying new home - Renting current townhouse
Posted by itsbigmikey on 12/28/23 at 8:30 am
Got married this year and am preparing for the family life with my wife (no pics). As the thread states, our plan is to buy a house and rent out my townhome that I purchased in 2017 (I'm 31 she's 29). Some notes on the townhome:
-Built in the 70's. 3 bed 3.5 bath 2,900 sq ft. It's a little dated ...
re: Mortgage rates fall below 7% for the first time in months
Posted by itsbigmikey on 12/15/23 at 3:08 pm
I completely agree and think the housing dynamics are extremely bullish for home prices. I just don't think it's insulated [b]IF[/b] we have a credit event. My argument isn't against the S/D dynamics of the housing market but instead point to the history of interest rate hikes/cuts and how they subs...
re: Mortgage rates fall below 7% for the first time in months
Posted by itsbigmikey on 12/15/23 at 2:19 pm
Why do y'all think my comment is pulling against America (assuming that was directed at me)? I work at a lumber yard and my livelihood is very correlated with housing/rates so diving into this topic is useful to me. I'm not tied to these views and welcome any contrarian opinions that prove otherwise...
re: Mortgage rates fall below 7% for the first time in months
Posted by itsbigmikey on 12/15/23 at 8:34 am
[quote]Electioneering for 2024.
RASMUSSEN-Trump opens 10 point lead over Biden.[/quote]
This is very possible and if that's the case buy commodities hand over fist because inflation will be back with a vengeance...
re: Mortgage rates fall below 7% for the first time in months
Posted by itsbigmikey on 12/15/23 at 8:19 am
[img]https://i.imgur.com/qzGxZBJ.jpg[/img]
I'll leave this here as a reminder. Hope I'm so wrong about all of this but it's worth considering...
re: Mortgage rates fall below 7% for the first time in months
Posted by itsbigmikey on 12/15/23 at 8:12 am
This is proving my point. The economy is still way too hot for rate cuts. The fed knows something. The system didn't break enough to garner a cut IMO. We shall see...
re: Mortgage rates fall below 7% for the first time in months
Posted by itsbigmikey on 12/15/23 at 8:04 am
Y'all think the proper damage has been done and/or the fed is just going to let everything reinflate? Something bad is brewing and bonds are outperforming equities. Powell just said higher for longer a month ago and now they talk rate cuts? Saw a quote that feels relevant: "The fed lowers rate at th...
re: Uranium>Silver
Posted by itsbigmikey on 11/17/23 at 7:14 am
Spot making new highs. This thing is quietly chugging along. Hopefully equities can turn more risk-on but I'm not convinced the macro will allow that right now. Glad I own SPUT is all I can say...
Popular
21
