Avsnitt 551 - Guldfrossa

0:00Just what is it that you want to do? We want to be free. We want to be free to do what we want to do. And we want to get loaded. And we want to have a good time. And that's what we're going to do. We're going to have a good time. We're going to have a party.

0:45goldhandel här. Guldet har rusat. I går var Lundin Gold upp 11%. Idag var den ner 13%. Så det liksom rör sig som ett småbolag och bolaget är värt typ 180 miljarder. Och guldet rör sig mycket. Råvaror rör sig mycket. Det sprutar ut rapporter. Ja, det är ingen brist på nyheter eller tillfällen att göra bra och dåliga affärer. Nej men precis. Jag är taggad för att den här råvarorsättningen som kommer nu tror jag kan bli ett bra långläge. On a little longer basis, if you want to have more of it in the portfolio, I want to. I've been trying to increase my expansion, but now it's just gone and gone.

1:23And now we're going to be in the cool phase that I hope to use. So when you grieve, do you see a find out? Yeah, it's hard to say that find out when gold has almost 30 % on a month. And it's hard to say that people grieve, maybe. But those who bought Lean In Gold. They were very short-sighted. So we'll talk about the report period. We're going to talk about Evolution where it came from the blank report Who's who's behind it? We had your SPACs Can we take a little update on? And then you have another spännable case, I hope I Precis, and we're going to talk a little AI-trend How positive you have been?

2:04It's been always been but it's maybe it's been a little bit It's always a little too long, a little too fast We'll be right back.

2:41without ESG-knussel and there can you buy the ETF without Cortage and FX so now they have a little spännable new things Precis, they have got Cortage-free buy ETF from Wisdom Tree and Vanek Wisdom Tree specializes on investing in aktual trend, it was Kvant, AI, it's Forsvar it's Råvaror, Gold Miners GDIX and GDI. Precis, so there have we Vanek, the other aktøren. They're very much in for example Gold, GDX are the biggest gold ETFs. They have a savings fund that I've seen they've been in Saab. They have high outdelning. So this is very nice. From Wisdom Tree have they 50 ETFs and Vanek have they 30.

3:31So it's 80 new ETFs that you can handle without courtage. Which is fantastic. Precis, so here can you botanisera och se om det finns några olika teman som man vill ha exponering mot och då är ju ETF-er fantastiskt det är ju börshandlade fonder i princip, de handlas hela tiden så man kan köpa och sälja dem precis som en aktie och det finns likviditet och man får direkt... Man slipper ju hitta det hetaste kvantbolaget eller bästa guldbolaget, då hittar man en ETF som har valt ut. Exakt, om man tror på sektorn liksom. Och sen finns det ETF-er på enskilda råvaror till exempel eller valutor etc. So it's super interesting.

4:10It's a great instrument to use. Perfect for months. Yes, for example, if you have a portfolio, if you want to buy a certain sector or a certain business, you can use a ETF. This is super big in the USA. It was really big in the USA. Fram till MeFeed 2 EU-regler. Which made you not to buy the US more. But now comes a renaissance of this product. And as you mentioned, Saver does a job there. For that it actually exists and that it's a good product to use. So, be kundersaver if you don't know before. And you can go ahead and go to Wisdom Tree and Vanek and these 80 new ETFs. Super spännable. Stor thank.

4:52But come remember, investering in your risk is not going to be back your investment capital.

5:03We'll start with the report. We had a bad report of Volvo. We had a, from the beginning, thought man, a bad report of Sandvik, but the one went up. There you have the whole trend of the growth, so it feels horrible that Sandvik doesn't have a market now when the price has gone to the month. And Volvo, you know all these companies where Industrivärden and Lundberg is in there, there you have a very good bid. He always comes in and buys his own I saw IndustriVärlden He bought Volvo for some billion He is fantastic at it O regardless of whether it goes up or down It has not been It opens low to trend down In the more quality companies Of Volvo Sandvik went up on his report And Tele2 Who has become a darling After the The great French man Xavier Niel de öppnade 6 % ner och gick till plus och där såg jag till och med att han var i Kista förra veckan han åkte ut till kontoret där där borde man ju stått jag borde ju tackat honom för Tigo Trident åkte ut till Kista och bugat för gud var i stan men det säger väl en del också att det verkar ju vara inte en period där folk ska ur sina innehav utan folk verkar ju snarare köpa bolagen på dipp vad har du dragit för reflektioner här över början av rapportperioden No, but it hasn't been any kind of a scratch.

6:33I don't think anything has stuck out so much. What I think has stuck out is mid-caps, all the big companies, Indutrade, HMS, all of them who have had it a little tough. OMX 30 has gone well, but it has been tough for many companies. They were up 10-15%. So it looks like a little renaissance in small - and mid-caps-segment. And it can be needed. so I've gone through my, I have a I have a list of 30-40 I'm going to buy and then 90 % of all the other it's biotech, it's grubbolag it's other than other and all the other were on minus so it's not it's not a fest it's not as easy to just to think that everything goes well here it's a little sterk it's a little bit to think about it yeah exactly Exactly, where Nvidia goes up and so.

7:28But it will be a spännable report. You can wait on Atlas. We had well, Ericsson was the biggest asker. The one was up 15 % or something. Yeah, exactly. And there will be, man hope that they will hold on to the cash. Yeah, they will wait a quarter here and come with a new purchase. But I have tipsed on Wildcatten before Per Ekström on Twitter. He has talked about this and has been a cashier. He's still in the ball. He's still in the ball. He's still in the ball. He's still in the ball when someone pitches the Trotter Eriksson. But it's a little so. If you're just on the right time in a trough, it's going to be fantastic.

8:07Absolutely. Typ Tele2 or Eriksson. And these values that are two people who have been speculating on, it's going to be a full-time. Yeah, it's a lot of markets that I think it's going to be a lot of. It goes up and it goes down. But it comes a flash that Sandvik says that it will be a billion billion in Q4. And it's not that it's no one who cares about it. But if it continues over time, it will be a lot of people. Over our fine, svensk, starka krona. Are you any other reports? You're on with your American report. What are you looking forward to in the report? I'm looking forward to the Mag7-report.

8:47Handling of them? Or do they want to be able to? index? Nej, men jag har index-pussar. Jag är kort Nvidia. Just nu är jag kort Tesla. Jag vet inte om jag ska vara det över rapporten som kommer imorgon. Men det får vi se. Och Oracle har jag varit kort. Den stängde igår. Så ja, man är inne och rör om. Det har ju kommit lite olika AI nyheter eller bara information som jag tycker ändå är... som man ska ta till sig. Dels är det Alibaba. What say they on the negative darknet you're sitting in there? What are the negative things that you have seen out there? AI hype is very much. Many of the companies have been using agent to spark people and now they have been able to make it on the phone.

9:35It's not so fantastic. I think it's a great interview with Andre Capathy a legendary AI kodare who was involved in OpenAI, not quite a while but on Stanford and all that It's a great interview What did you say? On AI, absolutely It's on a long way But it's just that that even so long are we not there But he said that he said that he said that he said that AGI and he said that it's over 10 years What is AGI for a second general intelligence that it really will be like a person Som du kan bolla med Jag håller ju någonstans med Jag tror att de flesta känner någonstans När de håller på med köp Ja men det köker jag beteva varje dag nästan Men Mycket tid går ju åt att förklara Vad den gör fel Det är ju som en korkad assistent Det är det det är Alltså undermedel Det är sjukt irriterande Och det tar ju jävligt mycket tid Att fixa till grejer Så ofta så blir det såhär Jag gör det själv Then prompting you not to do that well, say Bross.

10:52To all that, formalia or layout and so things, then it works probably well. But if you want to have a real info, I think that it is a little... I would rather have a specialization where you choose what information you should use. I use it on that way, but he also uses it on that even when you use it very sophisticated and advanced so it's there also that we're not really there that's all hype is just for big it's very like if you say it if you say it so it's not like the rake the formula but if you ask the question to one point so you can say what you want It's not a fact-in-law channel It's more like that you're on a startup networking event and say, well, I'm going to say that I'm going to hold on with you It's a job of working He said, no, you're wrong So this is a thing We've had a dip in these kvant-acties Ionq and D-Wavequant I've tried a lot of that They sold with a little bit of a vinst.

12:16Now they are still under. The Shikreli, which we talked about, has a lot of video films. He was 20 % up on the year. Now I think he was 185 % up on the year. He has been snett in the shorting that he has been able to do it. The risk-saving has been a bit of a little bit in the USA. Yes, but then came another new one. Alibaba came out and said that... What was it? What was it? What was it? What was it? What was it? For a bigger device

13:10Silicon Valley assisting Man pressar så att man ska kunna använda färre GPU-er medan OpenAI och dem, där finns det ingen hejd på hur mycket de behöver. Det går åt två olika håll där. Det är väl alla som sitter och skriver tack och tack så mycket. Hur mår du idag? Det borde de ju blocka så att man får ner lite datakraft. Ja, men någonting är det ju. Du kan väl blocka hur mycket som helst. Folk som sitter och frågar, ställer... Jag vet inte vad syftet är när du ställer en fråga. People are going to ask for a chat GPT about their horoscope. But this is the problem. It is just after which one uses it.

13:53You can also ask if there is any science or science if there is no science or science. And then it's the answer to no. But then it can still be answered how a scorpion passes up with a lion. So it's very much shit that it's a lot of energy. And it's so that it's in a start. So it's going to be a svajit here and it's going to be used. and so. Then I saw it, I saw it, I saw it, some of my research, and then it was more that the agent had topped in the summer, new ones, and now it goes down a little bit. So, yeah, it will go in a while here, until you find a level level, and that they get a enough level level.

14:25You can open it, I'm going to take in the money now, and then it will come a gratis month now, if you want to take a security plus without training. You can get up the end of the run. Yeah, it's a lot of so, we have talked about this every week now, that it It just happened to be weird things. With vendor financing. You can finance one's worth. Etc. Even so long it's a house. But we'll see how long it's going to be. If we go to Evolution. There has been a full time. It was a blank report that came out for several years. If I saw the right. It went to Evolution from 1500 to 1000. On a week. So it was about 30%.

15:07They had a lot of 100 billion dollars in market cap or something. With a lot of anklagelses about how they would lose their license. It was all from barns to very much skumrasco. They had to play with crypto and fake stuff. They had to talk about it. Who was that was behind it? It was a Israeli spy company, could you call it? A security company that they got as front first. Now it came to be a day. It was Playtech, which was one of their biggest competitors. Playtech gick ner 30 % på det här, vilket känns helt galet. De hade fått en fråga på sitt call om de hade något med det här att göra och nekade ju kraftigt.

15:44De gick sedan ut och sa att nej, vi har inte med det här att göra. Vilket låter märkligt nu när de har liksom, de har ju kört en neonode här. Det har varit hundra filer fram och tillbaka i en amerikansk rättegång och till slut då så har de fått ut vem som var beställaren till den här säkerhetsfirmans rapport som krossade aktien. Så Eva har ju förlorat hundra miljarder och nu ska de väl ta igen det with Playtech. I handled Playtech from longsidan when it was down to 38%. It felt a little. It felt a little like the West. It was a little Evo on this. The one was not because their market cap was huge.

16:18But they could probably get some more billion on this. Then you know that it's an American right to go. Then you know that you should have to paytech and it will take years and it will be a lot of people who have been overklagged and so it will be a lot of people who have been to do it. It's the best that could happen for Evo är väl att Playtech tappar licenser eller att de tappar kunder för det här, för det här visar att det är en riktigt vilda västen-bolag, om det här nu stämmer. Ja, det stämmer väl. Ja, vi utgår ifrån att det stämmer, men man vet ju inte i kasinobranschen. Nej, exakt. Sen tror jag väl jag att Evo, varför den inte har presterat sista år...

16:53Ja, det kommer sällreka varje dag så det blir en jävligt spännande rapport här. Då blir det intressant plötsligt när det kommer mycket sällrekar, men ändå. Men ändå så är det ju väl att Tillväxten har ju taktat av lite och sådana saker så jag tror det finns andra anledningar att den har gått ner och inte på grund av den blanka rapporten. Den gick väl kanske lite tillbaka efteråt och sen kom siffrorna i kapp här. Precis, så det var väl bara bra timing på den där blanka rapporten. Det som förvånar mig är att man kan skriva blanka rapporter för 18 miljoner. Ja, 1 ,8 miljoner pund. Man blev nästan sugen själv.

17:26Men uppenbarligen så lyckades de ju hålla hemligt vem det var bakom och kursen gick ner så mycket. Så på något sätt lyckades de ju They knew exactly what the knapp they would try on and get to Flöden and Bloomberg and everything. Absolutely. It was just a detail. I want to back to the thing with AI. I'm not basing on AI on long term. People think that when they're criticizing the value of the value and think that they're a one of those who don't believe in AI. I think absolutely about AI. But it's what we're doing with is to try to figure out if it's too bad or not. On long term it's not too bad now, but on short term it's true.

18:00I'm looking at the latest flash crash I'm going to go But we're going to go I'm very interested in the report I'm hearing many sell-reporters in I don't know if it's massage The svensk are positive And the utländs are negative When it comes to analytics Of course, we're not patriots But it's the same True caller It's like that all are positive And so it's That's why the company has a bad news. So it will be a very interesting report from Evo. I will probably not have any position in. I have no big buy-in with a high strike that is lying there as a lot of money. But it will be interesting what will be of this playtech in the future.

18:45Playtech is just... If Evo is worth 150 billion dollars, I think that playtech is worth 10 billion dollars. Or 15 billion dollars. So it's a very small competition in the market. But it would be fantastic for Evo if they were able to Playtech. De är inte så många aktörer som håller på med det här. Någon trodde väl att flytning kunde bli att Evo köpte upp Playtech. Så det skulle ju vara en bra lösning. Ni har inte råd att betala oss så vi tar över er. Om vi går vidare till Kinnevik då så kommer de med en rapport. Jag har ju tjatat om ett återköp här. Såg man ju det fina citatet att vi har 8 miljarder i kassan men det skakar tidigare ute.

19:22Så vi ligger lågt med återköpet. De handlas ju fortfarande till mer än 50 % If you take off the cash, if I saw right It's not a better To get yourself If you can buy something to 50, it's what you say You can go around and pull 50 cents on the market When you get back a dollar Or so They just stay in the portfolio For the end of the The biggest skit they have Where it's going to be Mixing on to another Norse Forlust so it looks like it's so fast now they have financial times on it and it doesn't look like the best recept people are not so hungry at stopping the money when financial times does an article every day about that it's a meeting and now it's been a mix and all of them have said that they should stop in the money here but not Kinnevik they have a question and there it's been a little bit of a question I think Christina is investing in private here So it's better that she stopped in her private money than Kinneviks money I think she'll stop in her private money Yeah, I think she'll stop in her private money But if she wants to do something What's got here What's it that's got?

20:42I don't understand It's a little bit of a stole Yeah, but if it doesn't come anything else, it's not so good Al Gore's fund Yes Climate, they'll take over pipan här och är en av storägarna. Så det alltid beror på att ta de värderingen i en spänn. Fan vad bäst jag blev nu. Men ja, jag tror inte på det här. Jag tror inte världen ser inte ut så heller att vi ska hålla på med ESG-stål som blir dyrare och allt möjligt. Jag vet inte. Det finns bättre sätt. Men om de vill finansiera, gör det. Inte med dina skattepengar. Inte med pensionspengarna, inte staten. Men Kinnevik hade ju en av sina största uppåtdagar.

21:22De skrev upp värdena. They had a lot of note on the travel perk and a few other very high - in the US-exponering now. It seems like the USA has a much higher value and much higher than what the Nordic has at all. Absolutely. It's a little bit of a deal. If you have to sell 50 % and you write up the value on your portfolio, if you think that the value goes up, then you should Kinnevik have a lot. But there are we not yet. It was a day. It was up to 8%. I haven't really followed it after. But if I just signify a form of atercrow, I think that the course would be a real deal. Or that it would come an IPO in the portfolio.

22:07So it would be something to do mark to market. Yes, it would be a little bit of a value. Ska we hoppa till what has been most recently in the past days? Metall and gold. I looked at gold here. I fredag I handlade ett sinnessjukt instrument Som rörde sig guldet En dollar så rörde den sig flera procent Minifuture Det var något instrument Och då lärde jag mig lite att man ska inte köra för Stor size, för då vågar man Inte hålla produkten Så den här produkten gick från 5 till 20 När guldet gick ner typ 2 % 400 % gick den då Så det var bra svung i grejerna Så det var det första Sen att det gick ner, då trodde man att nu har guldet topat, det är lite överköpt och sen igår så var det ju kraftigt upp, Lundin Gold hade sin bästa dag någonsin här, 11 % upp och nu idag är det någon total krasch, jag ser att guldet är ner 5 ,5%, det har varit ner i 40 ,80 och det var uppe i 4 ,370 här i morse så det var en av de största guldrörelserna någonsin, och man fick väl mycket signaler förra veckan, det var hundratals meters kö, alltså det var Australien, det var i New York, i Vietnam people who want to buy gold.

23:21In Sweden I heard that it was a code on the Kaplan for people who wanted to buy gold. We are a little contrary here. But in the country, there are you talking about that the grand man will pay for gold. And then you will of course buy gold. Yeah. And it's not the right time to buy gold. It's not that it's 30 % on a month. No. And it's been a risk-on-to-all. It was with Jackson Hole. They said that it was a new regime. They said they would have to buy gold. and so. Then has gold just escalated. It's like China and many sell their stockpapers. Many central banks will not hold on with it. Then you buy gold.

23:58Safe haven is a false word. What are you saying?

24:05It's hard assets better than sitting with fiat-valutor. Inflation comes not really down. It's geopolitically struling. and then you want to have hard assets instead. It was interesting that Crypto had a week in the end of the day and now it crashed. I sat and sat and sat and sat and sat and sat and sat and sat and sat and sat and sat. I was in a good way. But I saw studs in the morning and I was a little bit of a bit of a double-top if you want to do some technical analysis. Astronomy. Exactly, horoscope for vuxna I would call it but it would have been cool to short it. I'm really more on to see how the rekylen will.

24:53Now it's a bit to short it. Yeah, you're not short in the hole so we'll see. But if I come down to 4 ,000 or 3 ,900 or something like that then I would try to long it. In all of a sudden I would like to use the rekylen, the more than what it is and I'm going to go on a little miners that come down. It's a little half-stong in all these miners. They go down more than gold-pris. Or silver-pris. Silver is also down. I saw it was down 7 % now. I saw a interesting graph here. We can draw a little bullet we can see on. You have always got miners back. Whistler and Go Gold. They're going to build silver-gruvor.

25:34So it's more potent. If silver is going to hold it up, it's going to be fantastic. K92, which is a very good producer. What have you for? You had a silver. A silver company that we've talked about. I think that Lundin Gold has become an Nvidia in the gold industry. That it is going to be highest of all. So, it will be gold to be used to. Lundin Gold will be 15 % today. It went up very much ago. But it is not a much more than it will go down. In a normal gold-to-go. But all this is a strong over-köp. it will be a wetter of a cooler. I found a graph where it talks about if if the price of gold is around 4 000, then it's a fantastic price.

26:19So that free cash flow cash flow has increased 11 times 1 100 % and gold and silver have gone up 250%. So if the price of gold is here, so the company is much much more than it was when gold stood in 2000. Yeah, absolutely Which is hard to understand Man thinks it's a fair amount It's a really good half-stong In these miners If gold holds the price levels On these prices are high And then I don't know On 4300 It's a trend It's a year And it's a year If it's a year If we hold there One or two Then it's very Miners It's a bill I'm looking at Alamos Gold in USA and Heckla is the most I'm looking at as a expo.

27:11Alamos is not, Heckla is not. Yeah, and it feels like that these companies, they don't want to buy everything today, they need to get a little bit and see where gold is stable in this dip. Now it feels like what I talk about with the actuality, now you have to break the magic trend in gold. It feels like every time you log in on the morning, so that it was up 0 ,7%. Now I can't break it down. Now it will be a little slag. Maybe back to the end. And then you'll see where gold land. It's not so many that are on with hedging and term. For it's a way to handle it to 4300. Then you can sell your gold for the price.

27:52Oavsett if the price goes down. You can hold on with... The big companies with my production do it. Then they have a problem that they already have hedged. It doesn't really matter. So if gullet Spikar On a relatively short time Up and then down Then can't they really use it Because they have already hedged Bort their production So it's there It's fine if gullet Holds it high So when hedger Rullar over And then you can hedge Then you can hedge on new levels Then it's a company Which makes it That many companies Do not do this For if you hedge your production And your gruva It's a new product I'm a new product and then you can't deliver a lot of gold.

28:34And then you don't have a gold. Exactly. As a boliden, I don't know, I'm not going to go with it. Then you can't buy it in the market to maybe a high price. So there's a risk also. Or maybe you can't buy it to a low price and deliver it to a low price. Or no, tvärtom. You can buy it to a low price and sell it to a low price. There's even an exploration company that already had to sell it on the end and never got to go on the gruver. It was a Swedish... What's it called? Nordic... Northland? I don't remember what it was. But it was a gold company on Stockholmsbörsen in all of a sudden. It was a good thing that was done.

29:11And you say that we are in a stökig period. GDX, the Vanek ETF, if you follow how all gold-actier deals, which is very good, the one is 10 % down today. And it's not a sund market when it's down 10%. And I've seen that B Junior, GDX och sen har vi... Junior Miners så de är ju bollade. Men om vi har GDX då, den är ner 9%, så typ samma. Och där har det gått väldigt snabbt. Den var uppe i 86 eller någonting och nu är vi ner på 73. Så det är ju nästan 15-20 % ner från toppen på fem dagar. Så det är ingen riktigt, det har inte riktigt blivit, det är absolut ingen AIHs i Miners. Haasen har ju blivit i själva guldtillgången Inte i de här miners De har gått bra men de har inte gått alls så bra som de borde göra Nej exakt Och sen jag är väl lite lagd av talet med guld Jag har ju lite svårt för det där Jag tycker att silver är Rent logiskt att det används i industrin Och guld är mer bara en hedge mot fiatvalutor och smycken So Man kan ju spreda ut sig lite över äldre metallerna Absolut Vill vi säga något mer Jag tror ju Man ska bara hitta några bolag man ska bevaka Och sen snitta in sig här Om man nu tror att miners inte har toppat För det här tioårsperioden Framförallt om man inte har några Råvarutillgångar i sin portfölj Då kan det ju till och med vara Klädsamt att ha det Ja men precis Vad hade du mer för case?