History repeats.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$JNUG See around $20 then,(could easily go higher) like 08, a fall back to the lows..
Play the volatility until market settles.
Miners will NOT v-bottom more like an L with tons of tech trading opportunities.
There are still tons of ppl that believe the 'fed' can save the market(9 out of 10) that aren't ready to buy the gold trade. They will need a bigger slap to the face first. Plus metals will perform first with miners lagging relatively far behind. Ppls world will be rocked when they figure out this is a dead cat in real wealth in the market due to it being completely 'fed' induced. Dollar set to collapse hard. There will be more indiscriminate selling, gold based assets included, but they won't go as low as some will think once a major support is broken(thinking around 1,350) and they will think all hope is lost. That's the opportunity to LOAD. $JNUG could come right back to these levels after a major run, but I'll be a buyer again after I catch this massive run. Right now gold based assets are tied to the broader market. This will change and most will think this is that moment, but they're wrong imo. Miners will expose more value as 'traders' indiscriminately sell due to the virus. This bear has legs and gold isn't ready to decouple. If gold ever does decouple. I think the fed will go all in and destroy the dollar to prop up the markets(401k's and retirements). After all, it's an election year. Sending both stocks and gold to space. I just think gold's headed to Pluto and the broader markets are headed to Uranus with the purchasing power of all currencies headed towards the sun.. ;^)
After this is done bouncing, if you get board/impatient certain volatility indexes should be bottoming. Money/gains don't dissappear they just flow somewhere else..
Glty
$JNUG Get ready.. ;^)
Anyone that holds dollars.(mostly taxpayers)
Called the inflation tax.
Mostly elderly and what's left of the middle class..
Wonderful system right.
Andrew Jackson was a beast.
https://www.ushistory.org/us/24d.asp
Then these efferz put him on the most commonly used central bank note.. ugh
We could use an A.J. now..
$JNUG Jesus there is a lot of posters here.
We are about to have a downtrend break to the upside BIG TIME.
Hope everyone bought the lows.. ;^)
20$ plus very possible imho. Just have to break tech resistance as a charter(goof that doesn't know the fundamentals) would say.. ;^)
Say hello to serious funny $. As predicted.
(https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html)
Play the 'market' dead cat bounce here.
Follow..
Glta
$UVXY Because of this..
https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html
Which was predicted..
Thing don't go straight up or down, even though they sometimes should.
Markets will bounce on 'fed' promise of propping them up on money the govt doesn't have destroying the baby boomers savings as they destroy the dollar.. plus the chart tech which 'traders use as biblical truths. Market based on avg human psych. Learn avg traders psych and your RICH.
Traders/market are getting it WRONG here, but more for smart $ at lower prices.
Expect around $40 a share if not lower.
Load this imo.
Riding $JNUG for now on the market dead cat bounce. Will flip once it gets to around $20 a share into $UVXY around 40$(hoping for 25$)
After that this shoots back up towards the highs..
Buy hold $GOLD & $SILVER, yes the physical metals, on the next large move lower. The miners, especially the juniors, will lag the metals. Hold the metals first with cash on hand to buy the miners now that this virus is going to create serious value in the mining sector exclusively.
(Look at 2008 and magnify due to the factors compounding since)
Gold could get to 1300-1350 if this scenario plays out. Meaning $JNUG after a SERIOUS bounce could go even lower after this.
Volatility like this only comes around once in a lifetime.
TRADE.
Follow me if you want to more than live. ;^)
glty
I will have only 10% cash, 60% metals, 20% miners/volatility trades here soon.. ;^)
I lost 10% selling end of February, but more then made up for it with my volatility hedge.
The volatility going forward will be ridiculous and can chop up ppl if they don't have the experience and stomach..
$NUGT Time to get back in and accumulate if we go lower.($Gold/NUGT could dip further on the real collapse coming, but set to bounce this week) Just a trade.
Lowest gold will move after ut bounces is $1300-1350 imo. If it goes lower like in 08 buy more. It will blow past all time high of 1900.. ;^)
Make or break times here.
BTW the 'fed' is printing we'll all be millionaires, but it'll be 20 bucks for a burger.. say goodbye to the inexperianced boomer's retirements, maybe karma for selling us down the river..
$NUGT Hope you guys have loaded the lows.
Markets heading for a dead cat bounce. The time to test $20 is coming soon. Then we'll make a move towards a double bottom at current levels, could even go lower if $GOLD makes a move towards $1350 zone after this bounce.. Dollar spiked too high too quickly, looking to pullback. After that don't know if we'll hit $80 within a year, but we'll be close.
All my opinion, which seems to be pretty valuable.. ;^)
Glta
$UVXY Nice head and shoulders topping action.
Markets about to dead cat. We will now get an inverse H&S taking UVXY to around $40.
Load this.
Glta
$JNUG I am a HEAVY buyer here.. ;^)
I bought in mid range Friday. Market dead cat coming, miners will bounce HARD here,(trade it) but believe it or not miners will go lower with the market like 08.Going to be the opportunity of a lifetime to LOAD.
Could bounce to 20$ in a day..
Glta
This is where gold decouples from the broader market selloff and rallies.
From there the miners will lag behind gold, but skyrocket past gold's gains in the end. Bull market in the miners after the weak are shaken out. ;^)
It's time to LOAD THE BOAT.
$NGD Added Friday BIG.. ;^)
Will continue to HOLD ALL MY MINERS STRONG & ADD/REBALANCE AS NEEDED.
One day VERY SOON they will take off and not look back. Ppl liquidating to cover calls atm.(Funds are coming)
$UVXY It's at euphoric levels now though, dead cat in the markets almost here. Expect some red for a few here.
PS Will be higher though.. ;^)
#EAZYMONEY
$UVXY HOLD STRONG.
I think they will use $NUGT as a reserve currency.
I was at a store and they told me that they only except $NUGT shares as payment. What was great about that was I had bought my $NUGT for below $30 it went to over $40 today. ;^)
What do you guys think..?
$UVXY Wow that was FUN.
More to come soon IMO..
$NUGT Not much into flipping, but this would be a good time.
March usually not $GOLD's strongest month.
Loading opportunity coming.
$NUGT up 49.45% $JNUG up 58% since December buys.
Guess holding these has worked better then holding gold for the last 2 months.. ;^)
Lets see what 2020 has to offer..
Ps I told you don't buy DUST.
Glta
Economic data has only gotten worse, which calculated the positive data's turn to negative before the Corona sell off excuse. The coronavirus is BAD and way too under reported, but the markets were clearly on the decline before. Shorting the tech heavy S&P with a volatility index that follows the S&P would be a good hedge, especially if its leveraged.
Forgive me for not having the exact timing of the market sell off/gold or NUGT run due to the fed reducing interest rates and wasting 100's of billions of our notes making the end result worse.. Still relative to how long we'll be in recession I was very close in my 40 dollar by the end of the year.
Glta
Yes, but in relation to a 3-5 year bull run, what is the difference from it starting 7-8 months ago:11.6-38%. The fact this is creeping up while the dollar moves higher, overall markets higher, and gold is no where near mainstream is telling. Watch what happens when the dollar starts to decline. This as well as the whole sector going much higher long term.
Rising tide raises all ships.
We are in the disbelief stage of this sector's psychological market cycle stages.(Broader bottom of bear market)
I trade long term.
Technicals of the market going forward.
When will you learn..
I'm right.
Holding here. Took much longer then thought this might be the run. See everyone much higher eventually.
Glta
$NUGT I think ppl here with too much emotional ties to their $ can't handle the volatility.(They sell for losses and buy tops)
I've got an iron stomach and am confident in my opinions/trades.
Know your strategy and stick to it.
HOLDING, BUT you can flip on this gold up trend/bull market. Just know it's going higher.
Easy $ bud; up 35% since I began holding.
Gold, GDX, GDXJ.. Lagging behind $NUGT/$JNUG % gains..
Up 46.5% on JNUG and 35.5% on NUGT..
Holding my miners and metals close, but nothing compares in % gain as these 2.
I bet this will piss off the board. NUGT will catch a bid and test 80 per share this year. It will move beyond that in time.
The reason this will piss off the board is because we're in a young bull market and it is exactly what I want to see because it signals the beginning of a bull market in all gold/silver based assets.
Time will prove me right soon.
Miner's income is up almost 100% and headed HIGHER.
Gold at 7 year highs headed to 1700+; gdx at 4 year highs. $NUGT at 2 year highs.. Hmm ;^)
GOLD making all time highs in every currency, but USD..
Don't follow the heard. It's lazy. Learn to follow the real #'s.(Know where the market is going before it gets there)
Coronavirus market's excuse to deflate.
Short term outlook
Hopefully those with established cognitive dissonance figure out I am right and don't loose their wealth..
Still holding.. Up 17.7% on $NUGT since I bought Dec 16th @ 28.33..
Pretty soon $NUGT will LAUNCH.
My whole portfolio up 3.3% today. In fact, there is not one stock I am up less then 8% on and the one I am up the most has a 125% gain. ;^)
Hold gold/silver based assets STRONG.
Markets will correct in time. Those that are right in investment principle will be rewarded in time compared to the ppl with market FOMO over 5% gains. wheeew! lol ;^)
Still holding.. Up 18.5% since I bought Dec 16th @ 28.33.. ;^)
Glta
Hold gold/silver based assets STRONG.
Market will correct in time.
Not a worry in the world. My wealth is more then safe. Its moving UP.
On our way to $40.. ;^)