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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 408.24

+2.3%

Dec 22 4:00 PM EST

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To: carranza2 who wrote (168142)	2/5/2021 5:21:30 AM
From: sense	1 Recommendation Recommended By dvdw© of 218659

"Is BTC vs. Au a one-way ticket that depends on which one is on the high side of the teeter-totter? Could be." Everything is one sell and one buy away from being made a trading pair... just sell high and buy low... and get your timing right.. One of the more interesting examples of that from last year was a trade I pointed out between FNLPF and MAG... two companies with common ownership of the same mine. But with the differences between them they traded differently... allowing you to trade profitably by buying and selling essentially the same asset. Back then I showed MAG at $5 as the better pick... with Fresnillo at $6.50 less appealing... But as they got close to $10 they adopted different cyclic patterns... so trading in and out of one into the other made sense. Once the rest of the market figured that trade out it ended, of course, but I got three full cycles out of it... Now, today, Fresnillo is off its $17.50 high down to $13.50... and MAG is off its $21 high at $18... but trading the two as a pair would have doubled your MAG holding by the time it pulled ahead in the trade. This year I've found another trade that's even more true about... trading the SAME COMPANY as a trading group... just because the same company trades under three different tickers that sometimes have radically different trading patterns... with daily divergences often over 10%... Sell the one thats too high, buy the one that's too low... and wait a few days for the market to sort it out... without risking anything in terms of being out of the holding at the wrong time ? It's not that the market is not rational or inefficient... its just that it doesn't really care that much about a bit of variation... until it does... I suppose you could actively trade gold in an attempt to build your pile of bitcoin... But, I bet there are a lot more people trading bitcoin in order to build that pile of gold.

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