Are you personally a seller of your current stock positions, and reinvesting in commodities, or just adding more commodities to your portfolio? I am not asking for advice, just please clarify what you mean. Thank you
I own 25 different stocks. I got out of general equities in November. With two exceptions, all of them are either commodities or involved in transport of same. Half are producers, gold, silver, copper, zinc, lithium, uranium, oil. The other half are jr resource exploration firms. Many speculative bets. With the exception of oil, and oil transport and refining, everything else is past capitulation and hovering at despondency. I had trailing stops set on 3 other stocks in the LNG business. All three triggered today with gains ranging from 7% to 63%. Tomorrow, after I figure out how to allocate it, I’ll be redeploying that cash into the mining sector.
At 3:20 ET today, I watched the 10Y reach 3.98. Liken to turning the page of a Stephen King novel. Got Silver? I hope so. Tomorrow is likely arriving today. Yesterday is a memory.
All the best to you Greg . I hope you win big to help pay for your rotisserie restoration. Please keep us up to date with some pix . Refresh my memory, what car are you having restored ? FUCK THE SEC . Tell ‘em to go fix the comex .
My fortress is built with silver, I am prepared to weather ANY economic storm / I mean shit show, complete with sad looking clowns and puppets !!!! Thanks Greg
I personally believe crypto, and especially bitcoin will tank. Bitcoin is a speculative mania, with no underlying asset. The central banks have a monopoly on creating money out of nothing and I don't think they will give it up. They have the guns, and the best hackers in the world, which they will put to use when it suits them.
I also think that Greg makes a good case for crypto's when stocks/bonds melt down. But - when do you sell knowing the govt. can ban it or hack it when it no longer serves their purpose?
Did you ever read the COMPLETES ACT? Gives the Treasury Secty. ( Old Yellow bloomers) authority to go after cryptos. Weaponize the IRS like Obama’s commissioner did.
Silver, gold, and other precious metals are God's money and are natural elements which only get better when refined in fire! Fiat currencies an derivatives, which are man-made and not natural, will burn in the fire of affliction. Stay long God - He never fails!
Blessings abound, and by God's grace, the best is yet to be!
Are you personally a seller of your current stock positions, and reinvesting in commodities, or just adding more commodities to your portfolio? I am not asking for advice, just please clarify what you mean. Thank you
Looks like he just liquidated his positions and removed his hedges. And transfered to oil/metals. Normally he is diversified and hedged.
What in stocks & etf's?
There are certain things that track prices very well, like USO or SLV. These are not corporations but more like etfs yes.
IM PUTTIN IT ALL ON GOLD
You and me both! Peter Schiff is my spirit animal.
Youre PUTIN it all on Gold?
Can't eat paper gold! Or physical for that matter..
Nor can you eat fiat dollars at least you can trade gold for food. Your food stores will only last so long.
I like brass, copper & lead.. you can't eat them but you can feed them! :D
Seeds & storables as well. There will be plenty of metals just laying around for free the next few years.
Hopefully not paper gold or you will get REKT!
Gold stocks are a bargain right now...of course physical gold is best
No guts no glory. Tora! Tora! Tora!!!!!!
I own 25 different stocks. I got out of general equities in November. With two exceptions, all of them are either commodities or involved in transport of same. Half are producers, gold, silver, copper, zinc, lithium, uranium, oil. The other half are jr resource exploration firms. Many speculative bets. With the exception of oil, and oil transport and refining, everything else is past capitulation and hovering at despondency. I had trailing stops set on 3 other stocks in the LNG business. All three triggered today with gains ranging from 7% to 63%. Tomorrow, after I figure out how to allocate it, I’ll be redeploying that cash into the mining sector.
Going down in flames 🤣🔥. I love your style Greg, all in ✔️
Paper burns fast. Gold can melt but emerges as real money none the less.
I think everyone is going down in flames if they don’t win big
At 3:20 ET today, I watched the 10Y reach 3.98. Liken to turning the page of a Stephen King novel. Got Silver? I hope so. Tomorrow is likely arriving today. Yesterday is a memory.
I`m in on physical gold. going to leave my other ETF`s in place.
Then we go down in flames together! Peace.
I think I’m going to sit with my popcorn and see what the double feature does tomorrow with the rate hike. Then might dive in later this week or next.
Except for draftking lol
Smart 🤓. Wait to see what your enemy will do first. 👍 No rush.
All the best to you Greg . I hope you win big to help pay for your rotisserie restoration. Please keep us up to date with some pix . Refresh my memory, what car are you having restored ? FUCK THE SEC . Tell ‘em to go fix the comex .
The best I am all in on physical silver Brother about 2500 ounces
Nice and shiny, brother! :)
My fortress is built with silver, I am prepared to weather ANY economic storm / I mean shit show, complete with sad looking clowns and puppets !!!! Thanks Greg
I'm with you my brother!! To the end !
What about crypto?
I personally believe crypto, and especially bitcoin will tank. Bitcoin is a speculative mania, with no underlying asset. The central banks have a monopoly on creating money out of nothing and I don't think they will give it up. They have the guns, and the best hackers in the world, which they will put to use when it suits them.
I also think that Greg makes a good case for crypto's when stocks/bonds melt down. But - when do you sell knowing the govt. can ban it or hack it when it no longer serves their purpose?
What you said makes me even more bullish on crypto especially at the low marketcap it’s at now
Did you ever read the COMPLETES ACT? Gives the Treasury Secty. ( Old Yellow bloomers) authority to go after cryptos. Weaponize the IRS like Obama’s commissioner did.
HODL what you've got and buy more at the bottom. 👍💯😃
That’s the question of the moment!
Buying opportunity.
Buy the crash!
The target for BTC is a new record high. From that point of view it is cheap. Easy math.
That money has to move somewhere Zio. Good time to move into BTC.
I think too, rather buying that than shorting market
Silver, gold, and other precious metals are God's money and are natural elements which only get better when refined in fire! Fiat currencies an derivatives, which are man-made and not natural, will burn in the fire of affliction. Stay long God - He never fails!
Blessings abound, and by God's grace, the best is yet to be!
🙏⚓❤️