To The Moon

From my experience, productivity will indeed increase but whether in future it would skyrocket is still unknown. Certain repetitive administrative tasks would be taken care of in the background. It also appears that AI has some level of creativity, which would be useful to improve certain non-routine discretionary tasks (but with human oversight). Beyond that, AI is still limited to human inputs. I won’t trust AI (yet) to perform tasks that are subjective. In conclusion, yes, AI will improve productivity, however it still depends on how much a company needs to pay and if that cost will really be translated to savings. What I expect to see? A lot of companies cutting jobs related administrative and HR, slowly moving into IT. This is already happening. With future robotics and further auto

$Silvercorp Metals Inc(SVM)$ Had wanted to share $ECHOIQ LTD(EIQ.AU)$  again, as it appears to be the gift 🎁 that keeps giving in this volatile time. However, the recovery of silver price along with Dow Jones seems to be catch of Thursday. Silver, as we already know, had a horrible June. Sell in May and go away seems to be the most appropriate action in a World Cup year! I did sell some before silver's last peak, but had kept the main bulk.  Silvercorp, the miner i had shared previously in a separate article, had corrected a lot more than the drop in silver price in the past few days. As shared previously, Silvercorp has much outperforming $ProSha

I get your point and I agree that AI companies can’t build fast enough. Amuse me, I am poking holes on your thesis to cover different ground. Let just say the world economy collapsed tomorrow and remains badly affected for the next 3-5 years. Big corporations failed with massive retrenchment. Companies like Alphabet and Microsoft tried to charge companies for their employees AI tokens. The CFOs and financial controllers start limiting AI tokens used to key users only. While no new AI build continues due the lacking in finance, semiconductors and memory manufacturers still need to do what they do to survive the downturn. There would be excess capacity with little demand. It would reset the AI landscape in 5 years time, no? Ignore me… just my thoughts process of what could happen instead…

$ProShares Ultra Silver(AGQ)$  Explosive trade... not going to sugar coat it... employment numbers come out low, thus gold and silver prices, cryptocurrency and all those speculative favours are all on the rage currently. I have added a little when I sense a bottom (temporary). Fact is still that I should have thrown more shares out when the going was good... a big haircut I took for this position... but as mentioned, I added a little before this new run, so got to be happy 😊... at least for now...

The share price has nothing to do with the market cap of individual companies. It depends on how many shares are on offer. For example, $SpaceX(SPCX)$ is $100+ however it is worth cost to a Billion dollar because it has been subdivided into lots of shares… so share prices are not an apple 🍎 to apple 🍏 comparison… be careful

Yup, I read that too… raw materials and hardware are the main costs now. Running cost will increase if we need lots of data centres. The development time spent to make data centres feasible in space will take us so far into the future anyway. I just hope that in the development process, Elon doesn’t generate sooo much space waste for our future generations 🙏

$ECHOIQ LTD(EIQ.AU)$  [Shy] OMG!!! What can I say?? With gold, silver, bitcoin and tech sector in correction party, EIQ feels even stronger now than when I first shared the company!  The best part? FDA for EchoSolv HF is still on track BUT the submission outcome is still unknown... Meaning there is going to be a lot more upside to the company's share price if they obtain its approval! I had thought EIQ received the FDA clearance when I saw the sudden price spike this morning... Enter medical device bigwig in Australia, $PRO MEDICUS LTD(PME.AU)$ , which has invested in the company, and become its spokesperson (aka reseller of it's EchoSolv product suite)! PME, for those who don't k

$SpaceX(SPCX)$ even at its IPO price at $135 is super expensive. The price run to $200+ is simply hype generated by Elon fan club together with the rest of the greedy bankers who want a cut of those big profits from this historical “cooked” job! True, SpaceX is one of its kind with also a one of a kind person at the helm. That does not mean we can throw whatever valuation or premium they want. Guess what? Most importantly, its free float is only less than 6% or less than 5% of total share count! If this company is not about share price manipulation, I am not sure what it is… just look at any listed company, if I tell you its free float is only 5% or less, most people if they are not gambling would stay clear. Just because it is SpaceX or Elon Musk

$Elixir Energy Ltd(EXR.AU)$ The share price hits a recent top of 18 cents during the peak of US-Iranian-Israeli war before correcting back. The question on many people minds is if peace is finally here and the Strait of Hormuz is finally opened for good... it appears to be so with recent events, Trump urging constraint from Israeli despite the fighting going on in Lebanon. Iran also only briefly returned fire when US did their target strikes around its coastal region. Negotiations in Switzerland have just been completed and a roadmap has been agreed upon by both parties. In theory, this doesn't look too good for oil and gas play like Elixir Energy. On a broader picture, nothing much really changes for oil and gas play. With infrastructure in the

$Silvercorp Metals Inc(SVM)$ sharing for coins... nearly forgot about it... World Cup has turned my hours upside down... 🙃 even when US trading hours are the same time, my struggle is between sleep and watching for possible goals! [Facepalm]  [Tongue]  [Silence]  It is once every 4 years after all, never mind COVID... Silver price crushed lately, leading to not so favourable Silvercorp Metals pricing. The RSI is closer to 30 (oversold) than 70. The MACD is also on the negative. So yes, Silvercorp doesn't look good at the moment with inflation in US and the rest of the world pushing central banks to either raise rates or looking into raising. However, with oil prices coming down as the US-Iranian war (Israeli too) winding down a littl