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Off-Topic Stock Market & Crypto Discussion

  • Most bonds pay a fixed interest rate that becomes more attractive if interest rates fall, driving up demand and the price of the bond.
  • Conversely, if interest rates rise, investors will no longer prefer the lower fixed interest rate paid by a bond, resulting in a decline in its price.
  • Investopedia:
The fed is currently raising these rates
 
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mr.h said:
  • Most bonds pay a fixed interest rate that becomes more attractive if interest rates fall, driving up demand and the price of the bond.
  • Conversely, if interest rates rise, investors will no longer prefer the lower fixed interest rate paid by a bond, resulting in a decline in its price.
  • Investopedia:
The fed is currently raising these rates
Click to expand...
I BONDS- get over 9% and rising
 
SpikeUM said:
I mentioned earlier about the mega trends in migration exacerbated by Covid which have caused residential real estate in the Sunbelt to boom.

https://www.wsj.com/articles/big-u-...1yljtzaxskr&reflink=desktopwebshare_permalink
Click to expand...
residential home sale prices are stalling. The interest rates will take care of that.
I need 12 more days, like today, and "I'm Byke"....
ric flair GIF
 
mr.h said:
residential home sale prices are stalling. The interest rates will take care of that.
I need 12 more days, like today, and "I'm Byke"....
ric flair GIF
Click to expand...
Not in Atlanta they aren't. My neighborhood has had three houses BLOW THROUGH the previous ceiling, two of them without hitting the market and going for 10%+ over ask.
 
Home sales statistics are not as relevant as rental prices. We are simply building less homes, well below demand, so prices have been going up and inventory going down. Rentals in the sunbelt are still sky high, and that affects the middle and lower income classes more.
 
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Who knows..maybe inflation is peaking..
Pre-market moved up after the reports.

USDCore Personal Consumption Expenditures - Price Index (YoY)(Apr) 4.9% 04.9% 5.2% 07:30USDGoods
Trade Balance(Apr) PREL $-105.9B--$-125.9B07:30USD
Personal Consumption Expenditures - Price Index (MoM)(Apr) 0.2% -3.240.8% 0.9% 07:30USD
Personal Consumption Expenditures - Price Index (YoY)(Apr) 6.3% -0.906.6% 6.6% 07:30USD
Personal Income (MoM)(Apr) 0.4% -0.620.5% 0.5% 07:30
Personal Spending(Apr) 0.9% 0.630.7% 1.4%
 
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Tdvv said:
got tied up with work or else i would have bought more LPTX. when i went to buy it was back above 1.05

still dont understand why galaxy is being beaten down so hard.
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$1.05 for LPTX isn't too shabby lol.

Galaxy is just being taken down with crypto. Which is partially unfair as some of their verticals make money regardless of the price of BTC etc. Shorts are still all over it cause its easy OTC. Plus the BitGo/uplist delay created a lot of FUD. The LUNA thing didn't help, thought Novo said they took profits along the way and held no UST. I think it's cheap @ $12. Imagine what I think about buying it under $6. I am really hoping for a BTC tank so I can buy it even cheaper.
 
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CEO of Mullen will be interviewed tomorrow around close of market. Will go more in depth regarding battery results, and also supposedly going to peg the date of the Fortune 500 EV van order announcement.

1654030115556.webp



eletric-vehicles.com

Mullen CEO to be interviewed on June 1st: Battery Test Results, F500 Company, and more

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter Mullen Automotive shares closed 44.90% higher at $1.40 per share after the announcement of its solid-state polymer battery t…
eletric-vehicles.com eletric-vehicles.com
 
CFLCane said:
The timing all of this couldn't be playing out much better. Plant should be starting up this month. We're due for an update.
Click to expand...
Been debating wether to buy more if it drops into the 2.20 2.30 range. Too many positives not too buy more. Major move if the plant does in fact come online before July.
 
Just a matter of time boys.

ceo.ca

DESERT MOUNTAIN ENERGY APPOINTS MARTA HODAN WASKO AS VICE PRESIDENT OF GEOLOGY, by @newswire

TSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01
ceo.ca ceo.ca

VANCOUVER, BC, June 1, 2022 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company

The Company is pleased to announce that it has added Marta Hodan Wasko as VP of Geology. Marta is a petroleum geologist with a focus on sedimentology and stratigraphy with multiple years of experience in exploration, development, reservoir characterization, and wastewater injection. She has multiple degrees from the Colorado School of Mines, coupled with her experiences, in both the private sector and state regulation. Marta also has experience in well planning, permitting and drilling for oil, gas, helium and wastewater while working in both the private sector and state regulation. Her most recent position was as the Program Administrator for the Arizona Oil and Gas Conservation Commission. She worked on state regulations for oil, gas, and helium development while gaining knowledge of the historic and current helium exploration and development, in addition to gaining experience working with federal, state, local and Indigenous jurisdictions.

"We are extremely pleased we were able to have Marta join our company," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. "She has an outstanding track record within the industry and her overall knowledge of both geology and regulatory compliance aspects are a great fit for our continued growth."

GENERAL UPDATE

  • Construction on the McCauley Helium Processing Facility continues and DME will be adding selected pictures of the assembly to the website as it approaches completion. The Company expects to drill the next wildcat in the early part of July after the rig is released from the project it is currently on. DME will announce the permits when they have been received.
  • Desert Mountain Energy's trucking company has sufficient work committed to keeping the equipment busy on average six days per week for the next 24+ months. This business segment will be adding cash flow immediately and those numbers will be reflected in the financials. Forecasts suggest the Company will get a full return on investment by the end of June.
  • The Company's extension into the pre-payment of a drill rig with 16,000' capabilities is starting to bear fruit. DME receives a predetermined amount on a daily basis for every day it is utilized. The rig has been contracted on an extended basis for all times other than when the Company will be utilizing it.
  • Management has decided to sell helium at spot price and not sign any long-term contracts. The recent deficit in the global helium market has resulted in strong demand and unprecedented helium prices. Desert Mountain Energy Corp. does not project any short-term solutions for the helium market and prices are expected to be at historically high levels for the foreseeable future.
 
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