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

To: Rarebird who wrote (169537)	3/15/2021 3:08:15 PM
From: Clam digger	Read Replies (1) \| Respond to of 217593

The fact that gold is up on a day Bitcoin is down may be significant.

To: Rarebird who wrote (169537)	3/16/2021 5:28:48 PM
From: TobagoJack	Read Replies (3) \| Respond to of 217593

I traded MJ, and used the gain to slowly accumulate shares of a totally illiquid / dormant company. Perhaps the folks involved in the company can again do their weed thing as UBI-enhanced unemployment encourage use of smokes and additives all over the planet. Wait to see. Re <<When you think about it, fundamentals have become a secondary to non factor since 1997>> You said it, and yes, is the case ... was there a time before 1997 :0) Re <<inflation hedge>> ... likely almost everything except cash be hedges against inflation to some but not all extent. Complicated about timing and so I try to muddle through. Large gains now can offset quite a bit of inflation later, and so we must try. My involvement w/ BTC and its derivatives started since mid-October, late to the game relative to some outrageous friends, but early enough Message 32999710 to make a difference to speed of gold accumulation ... <<Strategy: short TSLA, buy X-BTCs, then pivot to gold, by ways of silver, DRD, and GLD, w/ end-game stop, Au the physical metal.>> Am undecided about BTC even as it be my third largest position after cash and DRD. Think BTC can go much higher or to zero. Am a bit more enthusiastic about blockchain / defi, but other than the rudimentary knowledge am mostly in the fog about the technical aspects and cannot discern relative merit worth a damn between one or another blockchain approach. Nevertheless wagered and wagering on Casper Message 33241980 and the position size is 1/2 of BTCC, 1/3 of DRD. The purpose of the wager is to get more gold, as opposed to more fiat currencies except for transit. Gold for me is not actually a trade, but a treasury denomination, and the physical gold is akin to a crypto cold wallet, off-line, away from many possible harms. Should I go bankrupt for any reason, should be able to reset / restart life by mobilization of genesis savings block that is physical gold. Given such context, the way I talk about gold is fun covering what i deem a useful purpose. I buy gold all seasons. For example, this night I closed (red) some trades, and opened (green) others, all paper, and shall continue the migration to physical gold, the offline cold wallet. Yes, the opportunity cost of physical gold is high, so ~12% of NAV currently. Went long GLD calls July and September, even as I agree with Sense re “wait for it” on the miners. I thought about doing something w/r to GDX / GDXJ, and did nothing, to wait for it. A trade shaping up, but a washout could well be, and if so, god-sent.