I began stacking in 2018. According to your link I should be up 45%.... I'm not because I'm stupid and buy for the sake of buying.. This position is around 60% of my total worth. I think my average is around $18.75. My strategy has gotten skewed due to cancer, giving music a lot of time and energy and my age promoting the idea that life is more important. Add too I have a large position in a farm investment which tries to yield 14% annual net of growth venture. This maintains a 40% position in my worth. Besides, I am used to looking silly. I am 69 years old and still travel with a guitar from city to city and play for drunk and stoned people who will forget my name in an hour. However, I have enjoyed the awe of playing in cathredrals of music like Red Rocks, Grand Ole Opry and Hollywood Bowl in the last couple years.
Anyway, The silver charts afford a technical condition few know called the "Alvim Alpha" in the monthly print. It is a rare phenomenon of which I lay great confidence. Nothing about silver exists that can alarm me now.
The novelty of trading escapes me. I now sit and watch markets move upward or laterally for no reason other than the Fed slinging money all over the place. Precious metals are being manipulated by paper contracts greater than the quantity of the actual commodity itself. The vaulted real quantities are rapidly declining.... meaning they will short squeeze themselves in the not too distant future.
And look at the entire economic and financial system. All in charge lie nonstop about data, conditions and policy. They even lie about war, disease and our military. Nothing given us is true. If you want to leave that nonsense behind and escape the financial system that will soon turn on you, you avoid your planned demise and move to precious metal.
Everything and everyone is corrupt. Putin recently made a video with US military equipment that was given to Ukraine that he bought on the black market. Earlier last week more was located in Mexico. Do you know the last activity of every fallen empire??????? Corruption. This is it. We are at the end of the American empire. Get you some metal and a lawn chair.
