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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (166648)1/3/2021 9:05:37 AM
From: carranza2  Respond to of 217766
 
No tailing calls re TSLA. Two partial sales until out, then GBTC, RIOT, etc.

Too bad options do not exist for GBTC



To: carranza2 who wrote (166648)1/3/2021 8:17:29 PM
From: TobagoJack  Read Replies (1) | Respond to of 217766
 
Martin Armstrong not wrong ...

and so I remind self, focus on the gold, not the bitcoin.

Bitcoin never shall have a correct price above zero.

Gold has no correct price until it does, once per so many generations, when it goes unobtainium.

ask-socrates.com

Gold the Lagger?

SUNDAY, 03 JANUARY 2021
BY: MARTY ARMSTRONG



COMMENT: I agree we're facing some level of Armageddon in financial markets. Still surprised that precious metals are seldom mentioned as a safe haven, a sure-fire way to preserve value & purchasing power.
Even if the Dow goes to 40 or 50,000, it will be in dollars that are greatly reduced value. Maybe even almost zero value, if the Bolsheviks take power. The uncertainty here in Canada is perhaps even greater than in the US, as we have a child/boy PM, who believes economics have been repealed.

HS

REPLY: Gold indeed finished poorly. It failed to close above the 2011 high. This is what I have been warning about. These people have been tracking gold and imposing taxes and restrictions in various countries - especially in Europe. The younger generation is buying Bitcoin instead and thinks that is some kind of store of wealth. They will learn the hard way, what goes up exponentially also comes down the same way.



To: carranza2 who wrote (166648)1/3/2021 8:44:30 PM
From: TobagoJack  Read Replies (1) | Respond to of 217766
 
perturbation in the Force

another useless asset class expressing itself

I keep thinking that should I unload 50% of my GBTC I can write a whole lot of Puts on GLD and on SLV, either immediately or 1-2 weeks later depending on how Georgia goes

Stock speculation must not be anything akin to marriage, and has far more to do w/ exploratory dating

Need to ponder until NY market opens

Selling the kids DRD in favour of GBTC is now out of the question and off of the table

kitco.com