To: bull_dozer who wrote (212378 ) 3/20/2025 1:59:06 AM From: Box-By-The-Riviera™ 1 RecommendationRecommended By bull_dozer
Respond to of 217820 absolutely i have. it's a strategic decision of paramount importance. obviously, since this third gold leg up in the greater gold bull, took a turn for two years more or less from the last two major legs which were pretty much identical, trading in and out of it, unless you truely are one mother fucking lucky or brilliant chart guy, would have net you what return, if you end up on the positive side, plus the tax in USA on short term cap gains? Taking a position however, is a different trade. You believe ur homework supports a long term hold and if you are right, the market comes to you eventually including the tax benefit of long term cap gains rate, but the taxes are not the ultimate decider either way. There are day trades, short term trades and there are positional trades Macro or Micro, or just crazy stuff in an individual stock. Gold I have always thought cannot be more than positional. As long as the thesis remains intact, so does the trade. The first two legs prior to this one, I knew it might take1-2 years. And of course I tailored the trade as time went by, hopefully making it better. In the end.. all good. and results as expected. This leg? A challenge. It went nearly and precisely as expected when it launched.. and then boom, the air went out of it, almost completely. aka: a lull in the trade. so instead of the 1-3 year expectation, this trade doubled in estimated time. Sell by date? Only when the mining complex reaches a par with the gold price, will I look to think about, will it then get it's deserved valuation per se, and then it's speculative valuation.. on the order of Tesla stuff. More or less my approach. I still think its the beginning. Not even the 3rd inning. But, the landscape is so fucking amazingly complicated, there's a constant sorting through the shit fest to uncover or try to guess each ramificaton to the universal economic structure of the planet, let alone the fucking ever present debt mountain and off balance sheet poison that's seeped into every fucking financial number that the whole game justifies its existence. LOL as to the trade, trading like you asked. fucking NO. no trading. It's positional relative to the counter points it is positional to. If anything, add. no trading. and impossible anyway, unless you think and can do it not enough volatility anyway to be honest, or not the kind for a "day" trader to get a game on.