Loading ...INVESTING AND TRADING ?
Buy and Hold is Dead IMO
And Trading is next to impossible in this environment IMO
I have been losing no mater which side of the trade I try
So…..I had an epiphany…why not just QUIT !
Hold Phys and cash for some semblance of “Security” in a completely financially insecure world
Markets are a complete casino now . Can’t beat the house . Just Stop !
It’s an addiction though …so wean off…
I’m OUT
Flat and Happy
Plus 1 Too nice outside for this crap !
totally agree!! taking up to much of my energy…I think today will be a bloodbath in all things!!
Yup.
Cash is a position!!
Just wait for Powell to give the all clear. It’s really just that simple.
I’ll admit I was dead wrong about the Fed’s ability to even nominally raise interest rates or engage in QT. I didn’t think they would have the balls to actually even try it. I have definitely paid the price.
Even if they ultimately relent and start cutting again, the PMs and especially the miners have shown absolutely ZERO capacity to discount that eventuality. They literally take the Fed at their word.
Absolutely nothing will shock me at this point. HUI at 140-150? Sure. HUI at the 2016 low? Why not?
Silver hitting $14 again is something I could see happening too.
Bullion has and always will be the absolute best thing. Mining companies can be run out of business in the short run, no matter what happens to silver and gold in the months and years ahead. And the fact is most of them need to keep selling metal with prices are rock bottom levels, thereby depleting their reserves for peanuts.
Why on earth anyone would ever contemplate starting a mining company given what we have seen since 1980 is anyone’s guess. It is a total mug’s game.