Probably not the fundamentals as they haven't changed at all, I'd say he's basing his calls on TA only. Not sure he he's looked into the fundamentals much.
Lost my nerve and pulled out early with a 7% gain. If I'd held till this morning one set would have been up 400% another around 600% Still another 2-3000 points drop ahead in the next few weeks.
Just interested, to confirm. By "mid single digit" silver. Your talking $5 US price?, circa 2002 prices. Edit : Referencing your own quote... "Waiting to buy silver once its in mid single digits- maybe year end or early next year."
Yes expecting a 3rd wave to take Silver to below the March 18 low at $11.62, leaving enough room for a 4th wave to not move back above $11.62, then a final 5th wave to end up somewhere between $4-8
I like how you finally show up immediately after the SPX trades slightly lower than when you claimed to hold a major short position, but days after stocks rocketed higher through your implied peak We still don't know where your stop was or is. How do we know you even still hold the position? You were probably stopped out, but will continue to claim that you got it right.
I'll let you all know when I close the short position - cause I'm a nice person. Let's just say, I expect to make more $ on this one trade than BullionBaron will see throughout his entire working life. Think I might buy another mansion.
Well, just stick this in here: 'Put simply, how can anyone be buying growth stocks and ignoring gold in this world?' https://www.dollarcollapse.com/one-crisis-manageable-five-not/ I've been reading John Rubino for years, guys. He gets published on the libertarian/contrarian 'tin-foil hat' sites; but he writes coolly and incisively.
What’s up with crypto market last 24 hours the market cap has barely changed. That’s the calmest I have ever seen it
So how's that Chart going? I assume the second J, indicates July?..... And BTW, still holding that SPX short?
Why would I have sold the SPX short? Crypto mooning in the 2nd half of the year as expected. ALLLLL ABOARD.... Yeeee Haaaaaarrrrr!!!
@SilverSale I probably won't disagree with you there. The majority of my personal holdings are in CRO. 156% profit in 12 months. Haven't taken any cash off the table, but Im buying an electric scooter in the next week so I can take my dog for a run so I'll be cashing some in shortly.
I'm Because it's gone up about 6%+ this month? Alt coins maybe. But BTC?. I expect the excess funds to flow back into BTC , when the hysteria dies down. But still predicting a steady rise for BTC , nothing parabolic. Edit : And I expect Alt coins have had their run...so BTC ?
Anyone want to investigate the price of Monero in relation to the rest of the market and report back with either info about no correlation in XMR's price rises and profit taking in the general crypto space or a high correlation in XMR's price rises and profit taking in the general crypto space? I'm too lazy to investigate it.
Was looking like a nice run up....then it stalled. Break up or Break down....that be the question. Will it be outrageous good fortune or good fortune dismayed.
Congratulations, all you bullion bugs: price creeping up nicely!! 'But still predicting a steady rise for BTC , nothing parabolic.' -- Silver 260? Anyway, I like this call. And My Little Insight Once upon a time, long long ago -- about February -- Mummy Guv assured us: 'One lockdown/one stimulus/V-shaped recovery by 4th quarter.' But Mummy Guv lied, or just got it horribly wrong, or both -- hardly matters from the cheap seats. And now we're seeing Mummy's ability to demonise the anti-lockdown crowd going a little pear-shaped, and $$$ of stimoolus just goin' bonker bananas. And spare a thought for the contrarians, who were scorned in early 2009 for their predictions about endless QE, but who turned out to be exactly right. We're now seeing an uncannily similar pattern. And who thinks The Trump-Biden Thing could crash the global clown car into the ditch? Note: watch Bitcoin's dominance figure c a r e f u l l y: https://coinmarketcap.com/charts/ -- top of the page, on the right
I still feel this , but.... Interestingy , since I made that statement , I'm starting to question the relevance / significance of something going "parabolic". What does it really mean anymore ?. It's almost the "New Normal" ( pun intended ). The money supply , tech stocks , property , bond appreciation, debt , crypto......Now PM's ? We've entered an age, where something that isn't going parabolic, has become viewed as worthless. Appreciation is all that's left. Nothing to be made lending money to others to invest in increased / improved production. Really starting to feel like the end game.