Bottom line everything is so fraud Just stay in gold, silver platinum I don’t care who you are there’s no charts there’s no experts. It’s all a total scam the whole system. It’s a gambling casino. That’s all it is algorithm trading. It’s all controlled. There is no fundamentals. There is no realities.
Life is full of uncertainties, and the markets are no exception, as you pointed out.
We can, however, increase the likelihood of our long and short positions becoming profitable.
When one can observe multiple points of converging evidence suggestive of a trend reversal (i.e., pivot low or pivot high), one can begin to incrementally build (or dismantle) a full position size. Rather than attempting to buy the precise low or high (a fool's errand overtime), one could buy or sell in and around the probable zone where momentum shifts.
While insider traders and sophisticated algorithmic traders may capture the majority of a move, even if we come late to the party and leave before it ends, we can still harvest a substantial portion of profit.
Be not dishearted by that which is uncertain. Incorporate descriptive statistics, correlations, and basic inferential statistics such as linear regression with parallel lines on either side of the regression slope (±2 standard deviations).
You are capable of doing this. The casino of life is conquerable. Approach it as if you are a scientist and statistician. Think in terms of probabilities. Avoid emotional decision-making. Good luck out there, Mr Spock 🖖🏼👍
Thanks! I don't know what to think about Bitcoin. I'm staying in silver, myself, but hoping I don't kick myself later for eschewing crypto. The idea that's been proposed to swap U.S. gold reserves for Bitcoin makes the list of the dumbest ideas ever. Then again, it remains to be seen how much we actually have in gold reserves. Do we have anything? Swapping nothing for nothing... Now that *does* make more sense. It makes one wonder...
Thank you Greg. Sitting with GLD. Would you consider FNV, GDX, RGLD riskier than GLD now? Holding $ in fidelity money market and GLD, what else can we do to protect our families?
PSLV, PHYS, CEF Are all Sprott funds based on stored metals. Or you could buy allocated metal in your name at a bullion bank. The bullion banks charge storage fees. The miners will go up far more if energy prices stay low and the metals rise in dollars.
As you may know, Greg has said that silver is probably the most undervalued asset on earth. Greg is not the only one that believes silver is severely under priced. At a ratio of 1/100 silver should return to the mean eventually before overshooting and then falling back.
Good luck to all of us because we are all going to need it.
Bottom line everything is so fraud Just stay in gold, silver platinum I don’t care who you are there’s no charts there’s no experts. It’s all a total scam the whole system. It’s a gambling casino. That’s all it is algorithm trading. It’s all controlled. There is no fundamentals. There is no realities.
Life is full of uncertainties, and the markets are no exception, as you pointed out.
We can, however, increase the likelihood of our long and short positions becoming profitable.
When one can observe multiple points of converging evidence suggestive of a trend reversal (i.e., pivot low or pivot high), one can begin to incrementally build (or dismantle) a full position size. Rather than attempting to buy the precise low or high (a fool's errand overtime), one could buy or sell in and around the probable zone where momentum shifts.
While insider traders and sophisticated algorithmic traders may capture the majority of a move, even if we come late to the party and leave before it ends, we can still harvest a substantial portion of profit.
Be not dishearted by that which is uncertain. Incorporate descriptive statistics, correlations, and basic inferential statistics such as linear regression with parallel lines on either side of the regression slope (±2 standard deviations).
You are capable of doing this. The casino of life is conquerable. Approach it as if you are a scientist and statistician. Think in terms of probabilities. Avoid emotional decision-making. Good luck out there, Mr Spock 🖖🏼👍
YES ai KNOWS ALL TRADING
MSM is calling for this Monday to be a black Monday with a 22% crash like in 1987.
Super awesome GM. Ty for caring.
Gregory your charting system hasn't been working for a while.
Thanks! I don't know what to think about Bitcoin. I'm staying in silver, myself, but hoping I don't kick myself later for eschewing crypto. The idea that's been proposed to swap U.S. gold reserves for Bitcoin makes the list of the dumbest ideas ever. Then again, it remains to be seen how much we actually have in gold reserves. Do we have anything? Swapping nothing for nothing... Now that *does* make more sense. It makes one wonder...
Thank you Greg. Sitting with GLD. Would you consider FNV, GDX, RGLD riskier than GLD now? Holding $ in fidelity money market and GLD, what else can we do to protect our families?
PSLV, PHYS, CEF Are all Sprott funds based on stored metals. Or you could buy allocated metal in your name at a bullion bank. The bullion banks charge storage fees. The miners will go up far more if energy prices stay low and the metals rise in dollars.
As you may know, Greg has said that silver is probably the most undervalued asset on earth. Greg is not the only one that believes silver is severely under priced. At a ratio of 1/100 silver should return to the mean eventually before overshooting and then falling back.
Good luck to all of us because we are all going to need it.
Send me your gold and I will store it for free.😎 c’mon man….you can trust me.
Much appreciated, enjoy your weekend rastaman
Ok , I guess I will invest in weed. :') Ire (not kidding)
Thanks for the info BADDA.
Thank you Greg, I appreciate this.
Great Charts!
I hear “double digit” for XRP this year, thoughts on that? Is it possible or fake news!?
I hope all of those are sells...