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Volker was no nonsense. It's all nonsense now.
Gold-backed digital currency is a good idea. Some may say it's a scam, but the concept is good.
Instead of mining via huge electric bills, mine real gold.
Gold did get a lot cheaper today--silver, too. Which is nutty since the Fed continues to churn out endless trillions of debt dollars. Bitcoin flew up to $50k because people are desperate for an alternative form of money. Well, gold and silver are already sound and constitutional money. They just need to be tokenized, lol
Silver is being pushed by the Reddit crowd. Silver is money for the common man, whereas gold is the money of kings.
Someone should suggest to those running this show that a silver token would be a great idea.
If the people running this thing were smart, they'd also announce a silver token. Lots of silver mines in Mexico. A lot of dormant mines in the Silver Valley of Idaho, too. Penny stock mines. AABB should make a deal with one of them.
Or it could just be that it's Friday.
Wow, the drink sure spilled here today. Buying op or more of a down elevator?
Many expected this to hit a dime today, though. The bleeding has abated for now.
Both gold and silver are getting drubbed due to the stronger dollar. It sounds very strange considering the Fed has been printing endless trillions of the paper debt wisps, but there ya have it. It's rigged.
It won't last. I flipped this last time from $93 to $99 and this looks ripe for another flip. But I'll wait for Monday to see how things shake out.
i'd rather buy JNUG back as it's bouncing back up. Buying it as it's sliding redder is not a great idea.
Huge and obvious pump and dump.
More likely .05 than $5. Sorry.
Dividends aren't good news for penny stocks. They are something scam stocks do--they announce a dividend and then start dumping shares.
That's happening now. Harsh, but true.
Oh for Heaven's sake. Please tell us WHY shorts are necessary. Do you really think shorting a struggling company into oblivion for profit is noble?
Going LONG can be a noble thing--supporting a company that can provide jobs and/or better living conditions or just some modicum of happiness to humanity is great.
Please don't give me that tired old line that shorts add liquidity to the market. Powell is doing just fine in that department by continuously adding liquidity to his centi-billionaire masters who in pump up the stock bubble to benefit themselves.
I have no sympathy for shorts who steal shares...er, excuse me, "BORROW" shares from longs, dump them immediately for cash and later return ('buy back') the shares to their long marks when the stock price is much lower.
Shorts must realize, however, that they can theoretically lose to infinity. They just can't stand it when that begins to happen.
I hope it happens here. I have no sympathy for the GME shorts.
Everybody expects dirty tricks. That's what they do.
Bernie Madoff types at the top aren't part of the cesspool? It's all a cesspool.
It's also known as the ladder attack when the hedge funds drive the price down. They rapidly sell the stock back and forth to each other at lower and lower prices to deflate the market price. They do these transactions in milliseconds and by the hundreds in one second all day long. They’ve been doing it since the last GME run, but too much interest accumulated and it is all blowing up in their greedy fat faces once again.
BURN THE SHORTS!
In a broader sense nearly all penny stocks are scams. Heck, the entire Dow is in a massive bubble--I gigantic scam of sorts and it's all a zero sum game. Winners and losers. Personal profit from said losers. So it's best not to play AAGC or any other stock if you feel that way.
The shorts are in huge trouble here--not the longs.
Yes, it's getting very salty indeed. Need more salt. Pass the salt.
I missed Cramer. What's he saying? I should watch CNBC again....I want to see that old guy blow a washer again.
That's why it ran so hard AH....they couldn't halt it.
Ridiculous how it was halted just before the close.
Will the crooks decide nobody can buy tomorrow--only sell? Talk about an uneven playing field...
Added at .24, but this sure isn't looking good.
Picked some up at .29....sort of hope it keeps going down so I can add more.
Express elevator to Hell---going DOWWWWNNNN!
LOL
And getting redder by the second. Where's the bottom? Is there one? LOL
52 week high today. In case nobody noticed...
Clear blue skies overhead.
Martin Armstrong predicted Dow 40k about five years ago--it seemed like a ludicrous prediction, but Armstrong is very smart.
Just hit $7 AH
Some of the big players have evidently added to their long positions to squeeze the shorts who pretended to cover.
Up AH to $47
This may be a relatively undiscovered gem.
https://bayhorsesilver.com/project/bear-mountain-gold-project-harrison-bc/
Nice little pop today. Is this on many silver radars?
March will tell the tale. Let's see if the centi-billionaire bankers lose their iron grip on silver.
Those that control the game are all profoundly corrupt. They don't have to answer to their serfs.
All that no longer matters. The market is not tied to economic reality.
Combining gold with digital currency is hot right now. Why don't the Baumans get in on it?
Oh...almost forgot. They have no gold to back up anything. Maybe instead of Dogecoin they can come up with a Dirtcoin. LOL
As long as the dollar has value, the markets will continue north. A lot of easy money sloshing around. In fact, I think it has spilled over to the penny stocks now. I've seen some obvious scams and complete dogs make amazing runs these past few months. I'm talking .0001 stocks going to .04 and such. Incredible gains.
The gambling bourse is crowded and I think we're heading for DOW 40,000. Unlike Vegas, though, they don't give out free drinks. Regardless, the party will rage on until it doesn't.
Diamond hands have a way of turning into paper hands.
Time to fold 'em here.
They have a printing press. When am I gonna learn not to fight domineering men who have private access to a dollar printing press...
Stopped out. I'm done with this mega-loser until after the reverse split.
GLTA
It's announced. Usually as the price approaches $5.
I got in today in the upper $9s, so naturally it has made an about face. This will be my last stand...after this I'll wait for the inevitable RS.
The question is...how many times can this reverse? Until it gets down to 100 shares?