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lol you funny...! Glty spy
Good to see ya NN... glty spy
Fair.. uup
Post and share eh...? Yeah I been known to do that... but lately I’ve been taking a passenger seat to sharing and letting others tell me how this game is supposed to be played... or... at least listen to opposing opinions on both sides to assume a direction... but of course... I do my own thing when it comes to trading... just like to listen and learn sometimes.... but yeah I guess I can post something... just da one for me today... seems a bit over extended imo... just don’t know the exact date yet and I have many day job thingies I’ve been preoccupied with as of late... so other trading vehicles which require constant attention that I’ve been known to trade have been put to the back burner atm... till later at least...
Understood... and I understand why... no need to be scared of cheap financing atm... ride it out until it becomes a problem... we should start to see a spike in the $ as the concern rises imo... imo the gold accumulation is give or take 75% based off potential inflation... and about 25% haven... it’s being misconstrued as a haven bet imo... the only reason for the crazy run up is the over reaction to stimulus... which is diluting the dollar after the $ was the going haven bet... based off imo no inflation from the economy... well we are seeing false inflation based off scarcity not economy... we are diluting the dollar to compete with China for trade... hard to say when exactly it will stop... but I think we’ve currently over reacted when it comes to the dollar... and that ties into many factors as we all know... glty UuP
Potentially... already up a bit in the position but no need to get excited about it yet imo... still have some time to hash out... its coming... and I bought cheap coverage with this one in theory... but Im actually looking to try and pinpoint my actual gold short here soon... maybe... gonna have to look and see... glty uup
Awe man... my puts didn’t work again... wtf...! Lol... spy
Hilarious..! Just like tsla...! Lol... forecast dismal... beat... unbelievably stellar...! Lol... gotta love it..! Spy
Went about it a bit differently...
Effectively shorted gold with uup... bought aug 21 26c along with aug 21 25p... 3-1 ratio... thinking we get a move back up in the $ short term... and a move down in gold coming up... will potentially acquire a GLD short position next week imo... but haven’t said yes or no to it yet... gla GLD
Effectively shorted gold with this one... bought aug 21 26c along with aug 21 25p... 3-1 ratio... thinking we get a move back up here and a move down in gold coming up... will potentially acquire a GLD short position next week imo... but haven’t said yes or no to it yet... gla uup
Or... 322.45ish... hmm... or maybe just burn em out Friday...? Seems like the normal thing to do... but hard to say imo... gonna have to wait and see... gla spy
325.5ish..? For old times sake...? maybe... gla spy
Lol... funny funny funny NW... but imo... it’s hard to forget charts when they work... I mean... right..? glty bud... cheers..! Spy
Here ya go... this is what I think is happening... glty spy
https://www.investopedia.com/terms/d/demandpullinflation.asp
Can’t duct it... F*** it...! lol... sorry crude humor... glty spy
This is a good post imo... although I trade a bit differently... the concept is good..! I’m with you on this ideology my friend... glty spy
Frustrating indeed... spy
Yes me... 10x fold.. damn... damn... damn... hehe lol... spy...!
Tis good to see... glty... spy...
It’s a good one imo...! Learn something new everyday...! Glty spy
Yes... it’s a coming..! I wasn’t able to turn my attention to the charts today... so it was a wash for me... but I’m in the same thinking as you... just not in position yet... Glty gld
Ehh I understand... call me a contrarian... didn’t say I was gonna short it today... haven’t even looked at the market today yet... glty spy
Looking for a gold short opp here coming up... attempted one on Friday but reallocated assets to another position before close... gonna wait and see but it’s a comin... gold can be stubborn as well at times... but it’s a lucrative trader... glty spy
Who came up with the fractionalized share purchases idea..? Seems to work in btc pretty well... spy
The true reason why I think the feds have been pumping a digitized currency... I mean China’s been saying it... j Powell said it recently... so on an so forth... is because they introduced btc options... now they just burn out the premiums in them like they do spy... I’ve never traded btc options and don’t plan on it... but it’s a little strange the correlation between all the factors going in... they will control and regulate digitized currencies just like any other... right now it’s the Wild West to get people used to the idea... now comes the action... imo... gla spy
The best way to get people to get used to a shift in popular thinking is through their pocket book... let them make some
Money off it... one way or the other... look at stimulus packages... and once the entire world starts defaulting and their currencies are shot and major lending companies as well... well... we are gonna need a giant shift in popular thinking... gla spy
Ok what evs... but if you really like conspiracy corner then you’d understand where I think this is heading... not concerned about btc enough to really ponder too much further then what the chart tells me and what I envision it’s introduction is for... imo be prepared for a real let down... glty spy
There’s a good chance that some sort of digital currency will be the next fiat... and potentially the next world currency in the end... but if one is thinking that you’re gonna be able to buy it on the table now... be careful... if any one of these governments/feds come out and say they’ve created their own and it becomes a trend... well goodbye btc and others imo... the value given to them is based of speculation... be careful about Hodling the wrong one or the bunch... they are having a nice run atm... just a caveat imo is all... gla spy
Well imo... when it comes to the dollar... the dollar is fiat... and with fiat you have a theory... and the theory is good until it isn’t... and when you listen to economists... well what do they say... well the theory is.... lol... this is a really awesome experiment..! Just like Rome... just like Greece... just like the... well... you get he idea... we had a good thing going and then the theory got in the way... if we stop accepting the theory as reality and realize the truth... our dollar will regain its value... but as of now we are competing with other currencies for the race to the bottom... thats the key... and also... in a slight mention... gold/silver won’t save you in the end... very little to nothing of value we have today would be anything to stop what they are betting against... gold/silver will only glimmer for a short while... if things truly get bad... so know your exits... it’s forced inflation at its finest imo... thats why we can only say YOLO atm...! spy
The $ is dead... it may be a slow death... kinda has been for a while now... but seems they are increasing the decay as of recent... so be it... just know that it seems like a concerted effort... kinda backed ourselves into a corner... and been running from the inevitable for too long... I know... I know... I sound bearish... but in honesty I’m neither... spy likes to take advantage of premium buyers... there’s times where it’s important to remember that... gla spy
Get a old shipping container... get a guy to dig a hole for you... if you’re handy with a back hoe you can rent one yourself... fill up the shipping container... put it in the ground... tar it... and then fill the hole back in... if you’re going to enlist help prob best to fill up the container beforehand and lock and key it... voila no more storage issues... gl spy
Lol... spy
Yeah who cares about that... wish I knew someone... spy
My dollar is backed by credit cards... I mean sorry... next to... next to credit cards... seems like the cards have better buying power then paper anymore... basically like margin but for the avg joe... and a lot of it... lol spy
Gotta love it...! gla spy
Anybody useful report after the bell today...? Spy
An Epiphany you say..? That sounds interesting... where can I find one of those...? glty bud..! Cheers..! Spy
Of course... it’s all made up... just that one is the most amazing imo..! Lol gotta love it..! Spy
Amazing they even issued the guidance... saw that beat coming... but not playing it... spy
Lol... gla spy...