Where the gold haters at 23,24,25, 2600, 2700, 2800? ⤴️

[Boston.Knight]

Damn, I don't think it's going to back test a 25 handle.

This is the anti-us, anti-dollar trade. With the two buffoons we got running for president, it isn't any surprise it's doing well

Miners are going to be raking in free cash flow handover fist 📈🐂

 

[hemightbejeremy]

Gold now up 37.33% year over year.

VTI has made all time highs 7 straight weeks and is up 38.96% year over year.

 

[PositYourself]

I'm glad I bought 20 ounces at $2,225 last year.

 

[hemightbejeremy]

I'm glad I bought 20 ounces at $2,225 last year.

It is a cool way to essentially make the same return as VTI over the 1 year time frame (just a tad less). Assuming you bought physical gold and not a gold etf or something.

 

[PositYourself]

Yeah I bought the buffalos. Pretty coin.

 

[Boston.Knight]

Yeah I bought the buffalos. Pretty coin.

They are beauties I tell you what and a full ounce of gold not that half ass 90% shit. That's why I buy the Canadian leafs. They're a horrible shitty coin but the markup is low and it's a full ounce of gold

Can you imagine that tiny little piece of metal worth $3000. Were so fooked man 😂

 

[Boston.Knight]

They are beauties I tell you what and a full ounce of gold not that half ass 90% shit. That's why I buy the Canadian leafs. They're a horrible shitty coin but the markup is low and it's a full ounce of gold

Can you imagine that tiny little piece of metal worth $3000. Were so fooked man 😂

Good morning bag holders , friendly reminder gold loves Trump. Updating to a 28 handle

 

[goodknightfl]

Gold is not a hedge against inflation, it is nothing but a commodity. It hit 1987.65 in may of 1980, 45 years ago, it is now just below 2800.
It is useful as a trading option, not as an investment.

 

[hemightbejeremy]

“Bag holders”

 

[goodknightfl]

“Bag holders”

Right now is a good time to bet on Gold, But you need to be just as ready to bet against it. When it breaks the downside may be long and deep.

 

[Boston.Knight]

 

[hemightbejeremy]

Right now is a good time to bet on Gold, But you need to be just as ready to bet against it. When it breaks the downside may be long and deep.

Or just hold a market index fund and outperform gold on every medium and long term outlook.

 

[PositYourself]

The world is facing unprecedented economic and ecological headwinds like never before. I agree with the gold bugs that gold is going much higher over the next few years.

 

[hemightbejeremy]

The world is facing unpecedented economic and ecological headwinds like never before. I agree with the gold bugs that gold is going much higher over the next few years.

Roaring kitty is that you?

 

[goodknightfl]

The world is facing unprecedented economic and ecological headwinds like never before. I agree with the gold bugs that gold is going much higher over the next few years.

For now I agree it is going up, what it will be doing in 18 mos, who knows. Things change quickly.

 

[Boston.Knight]

Some people refuse to accept when shown the facts. We could see a short term sell off though to a 25 or 26 handle. Great entry points if so

 

[Boston.Knight]

 

[hemightbejeremy]

Gold loves Trump.

Since Election Day VTI has outperformed gold by 11%.

Stay thirsty my friends.

 

[Boston.Knight]

> We could see a short term sell off though
> to a 25 or 26 handle. Great entry points so

Were in wave four tool bags. If you guys knew anything about technical analysis, you would know this is the last wave before blast off. Trump isn't gonna do anything to change the debt equation. Dude is a fiscal liberal and half the country thinks he's a jackass including yours truly

 

[hemightbejeremy]

> We could see a short term sell off though
> to a 25 or 26 handle. Great entry points so

Were in wave four tool bags. If you guys knew anything about technical analysis, you would know this is the last wave before blast off. Trump isn't gonna do anything to change the debt equation. Dude is a fiscal liberal and half the country thinks he's a jackass including yours truly

View embedded media

Cupping. 25 handle

 

[hemightbejeremy]

> We could see a short term sell off though
> to a 25 or 26 handle. Great entry points so

Were in wave four tool bags. If you guys knew anything about technical analysis, you would know this is the last wave before blast off. Trump isn't gonna do anything to change the debt equation. Dude is a fiscal liberal and half the country thinks he's a jackass including yours truly

View embedded media

Great entry points. Too bad you already entered 20 years ago.

 

[hemightbejeremy]

Good morning bag holders , friendly reminder gold loves Trump. Updating to a 28 handle

 

[hemightbejeremy]

Thanks for warning us of the short term sell off potential after it already happened and gold lagged VTI by 12% since Election Day. 🤪

 

[NinjaKnight]

Great entry points. Too bad you already entered 20 years ago.

Boston's mom was cupping my balls when I used all her entry points last night.




Spoiler alert: I have seen greater entry points.

 

[hemightbejeremy]

Boston's mom was cupping my balls when I used all her entry points last night.




Spoiler alert: I have seen greater entry points.

There is never a bad day to make entry but I usually wait until she’s gone down first.

 

[Boston.Knight]

Expect prices to head towards 2550

 

[hemightbejeremy]

Expect prices to head towards 2550

View embedded media

Please Copernicus, tell us more.

 

[goodknightfl]

https://www.usatoday.com/money/blueprint/investing/gold-price-11-12-2024/

 

[Boston.Knight]

How are you doing tool bags? While you guys were citing CNN and celebrating the demise of gold, I held to my call of 2550 low. Actual low 2540

With WW III upon us hope you got some

 

[goodknightfl]

Or just hold a market index fund and outperform gold on every medium- and long-term outlook.

The smart play is to do a bit of both, I have moved more of my $$ into cash now the election is done. will miss some upside to miss the coming downside. Protection mode. Had a very good year with the money betting on a Trump win, now will let things settle on reality of the mess ahead.
The mess isn't Trump related, just World flirting with war, head winds economically, and no matter who was in charge no easy fixes. Assuming best and worst case, I will do ok. Make 2.5% on the cash, and if market way up the 1/2 in stocks will carry me forward. If Market way down the 2.5% will buffer that hit. example markets down 20% with 1/2 cash I lose only 10% while making 2.5% on 1/2 of money so I would be down just under 9% and not be in a position where I need to kill funds for immediate needs. If I was 10 years away from retirement, I would be more aggressive.

 

[goodknightfl]

2627 today.

 

[hemightbejeremy]

Wellness check on BK. VTI up 7.15% on the month. GLD down 3.18%. If you are scoring at home, BK just missed out on 10.33% of gains because of his obsession with shiny metal. Have no fear though. The next time it goes up 3-5% he will forget about all of this.

 

[goodknightfl]

Another way to say it is VTI is worth 7.5% more currency than before
Gold is worth 3.18 % less vst currency.

so currency to gold would be a positive and currency to VTI would be negative.

 

[Ucfmikes]

Wellness check on BK. VTI up 7.15% on the month. GLD down 3.18%. If you are scoring at home, BK just missed out on 10.33% of gains because of his obsession with shiny metal. Have no fear though. The next time it goes up 3-5% he will forget about all of this.

Yep. Seeing the benefits. That’s why I have financial advisors that I pay and don’t follow then advice of message board geniuses.