Loading ...THE WIZARD OF RAMBUS
EXCERPT
This morning is the day I’ve been waiting for. The October 16th rising wedge is now a confirmed bullish rising wedge. Whenever you see a massive breakout gap above an important trend line you’ve been following that’s your confirmation signal.
There is one small caveat for the very short term. Today the price action is trading above the top BB band which it can do for 1 to 3 days or so but the odds are very high that the price action will decline back into the channel. The price action can ride the upper band for long periods of time but you don’t want to see it pierce the upper band. A backtest to the top trend line of the bullish rising wedge should be expected but no 100% guarantee. Use any weakness to accumulate
SUBSCRIBE FOR THE RIDE OF YOUR LIFE
Yeah, I sub to Rambus. He has great macro view, but he sometimes gets way too wordy, and it’s like, just get to the point. As for his stockpicking, take it or leave it. I REPEAT, DON DURRETT IS THE BEST FREE RESOURCE ON THE INTERNET FOR PM STOCKS. He has great models and bases future price projections based on free cash flow and a multiplier. He rec’d a new one last night in his weekly video, PNPN.V. I bought at the open and it’s up 17% today…..Love Michael Oliver for great out of the box thinking on silver price action. Bald guy money worth checking out as well for his videos…all this stuff is free. Create your own GDX and SIL funds. Get busy people or you are going to kick your own ass later this year.
YOUR RIGHT ON AGENTARGENT….THIS IS IT
It’s strange and somewhat depressing to think this is the last time we’ll experience a move like this Fully. It’s hitting hard in that respect. I’m not sure, but it seems like they come every 20 years or so. My son already has quite a nest egg from AI investing, mainly in tech stocks but some in gold and silver at my urging. It’s all passive. He showed me his account. I thought he was lying to me. I asked how you could save so much in just a couple of years. He confessed one 500% return was a sports bet on a football game made by the same algorithm that trades his stocks for him. I said don’t ever do that again. He assured me he wouldn’t. Kids these days. Their tech world trading with algos makes me feel ancient. His friends are out there buying properties and renting them out. This place is a haven for 20 year old entrepreneurs who skipped college and got right to work forming their own businesses.
Agree with Durrett assessment. Gold Ventures is another huge winner. And free. Don’s depth and range of knowledge is astonishing.
Gotta give credit to Rambus despite the wordiness and sometimes quirky stock picks. He kept me in the market when the urge was to bail – added another 20% to my life-changing-weatlh capturing.
Tom Hack is also outstaning on X.
If you don’t ride this baby now, you will have missed the last train to financial freedom…in our lifetime.