Cryptos would all go to zero sooner or later but Keep cash ready for a deep one day dive in gold and silver miners and then a v shaped bounce. The opportunity would be thrown by the bankers. Hail JPM.
I will be throwing a huge amount of cash that I have been raising into what would look like a black hole on the plunge day. On that day I also plan to put several very low ball offers for 2023 call options on gdxj, silj, gdx. Look at the gold monthly chart for 50 years and get ready. It will be a big volume day as pigs get slaughtered and bulls and bears both make money.
When the chart looks hopeless for the bulls and selling on huge volume is going with no bottom in sight, that would be the day. Very high probability of that happening. If occurs, it would be opportunity of a life time.
Watched John Paulson's interview on gold. He has a concentrated position in Gold that will give him 25:1 return
BTC is the freak show of the crypto world. El Salvador is exposing it for the terrible user experience that it provides.
Follow Marc Falzon on twitter: @MarcFalzon. He's doing real on the ground reporting from El Salvador, trying to use BTC, and talking with the locals about their thoughts and experiences. Don't believe the BTC maximalist lies [https://twitter.com/MarcFalzon/status/1436381083050856451]
Cryptos would all go to zero sooner or later but Keep cash ready for a deep one day dive in gold and silver miners and then a v shaped bounce. The opportunity would be thrown by the bankers. Hail JPM.
I will be throwing a huge amount of cash that I have been raising into what would look like a black hole on the plunge day. On that day I also plan to put several very low ball offers for 2023 call options on gdxj, silj, gdx. Look at the gold monthly chart for 50 years and get ready. It will be a big volume day as pigs get slaughtered and bulls and bears both make money.
When the chart looks hopeless for the bulls and selling on huge volume is going with no bottom in sight, that would be the day. Very high probability of that happening. If occurs, it would be opportunity of a life time.
Watched John Paulson's interview on gold. He has a concentrated position in Gold that will give him 25:1 return
BTC is the freak show of the crypto world. El Salvador is exposing it for the terrible user experience that it provides.
Follow Marc Falzon on twitter: @MarcFalzon. He's doing real on the ground reporting from El Salvador, trying to use BTC, and talking with the locals about their thoughts and experiences. Don't believe the BTC maximalist lies [https://twitter.com/MarcFalzon/status/1436381083050856451]