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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (115916)	1/9/2024 8:18:42 AM
From: Rarebird	Read Replies (1) \| Respond to of 116791

I am going to begin reducing my expose to stocks at SPX $5500-$5700. I will be all out in cash, CDs and short term T-Bills, waiting for the great life time opportunity to short at SPX $6000-$6100. I am expecting massive blow off in SPX and Bitcoin. Gold, silver and mining stocks will do well too. Spot gold should reach $2400+ minimum to perhaps $2700+. It will be the last hurrah for the bull till the next decade. Broad market crashed after Labor Day 2000. Dot coms and tech crashed in early spring 2000.

To: Real Man who wrote (115916)	1/9/2024 8:29:23 AM
From: Rarebird	Respond to of 116791

Most of my positions have been held for 3-6 months and I have a number of positions that I have held over a year. I am NOT a short term or day trader unless I see an intermediate trend being broken. I tend to hold short positions for a shorter duration. The big money is made by holding, not by clipping a few points here and there. I have no issues holding and withstanding the volatility. Once in a while when a stock makes some outsized gains early on and becomes very overbought, I will sell and buy back at support. I did this with PAAS yesterday, went long again.