32 Comments
User's avatar
SpartaCuse's avatar

Thanks Greg - I cleared my mom out at 20% profit & myself at 80% - Yeahy! You are awesome !

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Kelly's avatar

Thanks for taking care of your mom. :)

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SpartaCuse's avatar

I like to do it - my brokers don’t always appreciate the “updates” lol - but it’s ok

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Bosco's avatar

Thanks Greg. Glad t see you're out there keeping an eye on things. Sitting on a keg of dry powder waiting for you to make a move.

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RT8's avatar

Got out yesterday right on time. My anxious me is like "do more!", but after reading this and other comments I feel more calm. Thanks for the info!

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PetroS's avatar

Thanks Greg! I’ve been worried about this since last week...

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William Stephen Blackwell's avatar

Thanks Greg, watching closely.

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DanTheMan's avatar

Thank you so much Greg.

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Janet's avatar

Thanks Greg,

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M.Borghi's avatar

Thanks Greg !! We walking into over bought territory

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Carter's avatar

It has been overvalued 10 years!!

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Jay Blue's avatar

That's confirmation is good to see. I'm completely out and had already reached the same conclusion about this market.

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Jay Blue's avatar

*That. My typing slips annoy me a lot.

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Christian's avatar

Greg. I have been a long follower of your stuff. Love it! You really seem to care for us. You can't fake a true emotion. I also want to be my own central bank and hold physical gold and silver. There is so much you can put in a save though. 2 questions:

1-You always say that you like gold and silver but you never talk about gold and silver stocks that will benefit from higher prices (earnings will skyrocket with higher prices of golf and silver). Why don't you go long gold and silver stocks (much better than being exposed to tech stocks that are over priced don't you think?

2-What do you think of PSLV.TO, MNS.TO (silver) and PHYS.TO, MNT.TO (gold). Those ETF are supposed to be 100% backed by silver and gold assets (I trust Sprott and Royal Canadian Mint. Shouldn't I? That what you do when you buy Silver option for $30 silver?

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glic's avatar

he buys physical

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Steve D.'s avatar

Hey doesn't mention any stocks, all options, You get and in and out, how can you be a follower? The SLV trade from the other day is up

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Christian's avatar

That I know. I know that he has bought SLV twice recently. My question is why isn't he interested in trading options or going long on gold and silver stocks knowing he likes gold and silver this much. That's it.

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WAM's avatar

Greg has traded SLV and I believe GLD too. But from what I remember he got in when they took a big hit and quickly got out either the same day or the next day when they rebounded some.

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Christian's avatar

Thanks for your response. I am curious to know why he does not like / trade gold and silver stock. And would love to get his point of view: should we take our profits off table and stay long?

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Steve's avatar

There was no rebound. That trade lost a minimum 15%!

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Liz's avatar

I averaged down yesterday and made over 2% today...

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WAM's avatar

True. I was thinking of the SLV trade from a month or so ago.

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WAM's avatar

What was that drop all about? Bouncing back up again.

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Matthew Until77's avatar

Thanks I closed out my slv calls at break even, Hard for me to not want to hang onto anything re: silver

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Matthew Until77's avatar

Saving grace is I’m pulling this weeks profit into some coin rolls ; p

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Steve's avatar

How did you close SLV at break even when we got in at 23.50? You doubled down at the bottom?

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Matthew Until77's avatar

Yes, I doubled near the bottom yesterday

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Matthew Until77's avatar

With the silver equities stronger (Than silver itself) yesterday I was hoping for a Payday this morning but it didn’t happen

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Steve's avatar

You had to of tripled down to break even lol. I’m down

20k on that trade

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Matthew Until77's avatar

I bought half at 3.60, the rest at avg price of 3.192, sold all today at 3.40

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Don Parker's avatar

Line us up some puts

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Anthony's avatar

But Davey Day Trader say STAHKS only go UP-LOL!!!

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