Bitcoin, Crypto Currency Crashing lately

Seamajor

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Just bought another 5 Oz of Silver. I’m buying it now. Next week it will be higher
 
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Joe

Joe

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Just bought another 5 Oz of Silver. I’m buying it now. Next week it will be higher
I won't be buying Physical anymore @Seamajor

At least until there's a pullback.

If you want to invest in Silver, buying Silver stocks might be a better bet.

That's what's taking off now.

DSV, SICO, Pan American Silver.

I look for ones where the shares are cheap but are just starting to build momentum and headed for the Upside.

Pan American Silver up $6 per share in just one day.

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Might buy some shares tomorrow.

Share price is kinda high tho
 

The Prowler

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And a debasement of the US Dollar Lex @The Prowler.

I'd wager we'd better be prepared for a crazy year in the markets, Lex.

We'll probably see a steep rise in assets when Trump replaces Jerome Powell.

But then after that a possible downturn later in the year.

BTW, these are not my predictions, but from pro-Trump supporters, Prowler.

Here's one:



He's very anti-immigrant, pro Trump, MAGA Republican.

So if he says it, be worth watching his interview, Lex.


Like I need someone to go over the fundamentals for me, Senile @Joe.

Hahahaha!!!
 

Seamajor

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Fatso must be doing something fucked up today. Gold and Silver are killing it. Silver is well over $100. per Oz.
 
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Joe

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Fatso must be doing something fucked up today. Gold and Silver are killing it. Silver is well over $100. per Oz.
WRLG was up .07 cents per share just today. that's like 6% of its value. If a $1 US per share stock goes up to $2 or $5 or even $10 you can buy lots more physical Gold n Silver with that in the near furuee. Money in the bank while you sleep, eh @Seamajor ?

$5000 Gold seems to be 'the sweet spot' for Junior Miner valuations. I suspect for many of them their share price will go up quite a bit from now. But that is just a hunch. Gold price has to stay this high for extended period of time.
 
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Joe

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Actually now WRLG is up .10 cents per share 10% in just one day @Seamajor.

At $1 US per share can't lose at that price. better than paying $100 for a stock
 

Seamajor

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WRLG was up .07 cents per share just today. that's like 6% of its value. If a $1 US per share stock goes up to $2 or $5 or even $10 you can buy lots more physical Gold n Silver with that in the near furuee. Money in the bank while you sleep, eh @Seamajor ?

$5000 Gold seems to be 'the sweet spot' for Junior Miner valuations. I suspect for many of them their share price will go up quite a bit from now. But that is just a hunch. Gold price has to stay this high for extended period of time.
As long as Fatso continues to fuck things up. Funny, few here recognizes what happening.
 
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Joe

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You still do not have a basic understanding of stock valuation.

And Seaman gave that post a Thumbs Up!

Hahahahahaha!!!!

Clueless.
No sense in overpaying for stocks if you can get em cheap Lex @The Prowler

WRLG went up 10% today.

Still only about $1 US a share Lex

But its gone up 100% since last year with higher prices forecast.

So far its been good for my stock portfolio Lex.

Im up 20% in just 4-5 mos

And Im just a beginner

I might be up 100% by the end of the year Lex.

Same time id rather not get too over exuberant. Even 40-50% over 1 year'd be good
 
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Joe

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With no clue about what he is talking about.

Which is why that whenever I ask you a question to test your knowledge, you ignore it.
Even tho my investments are up, I'm not very knowledgeable about the stock market Lex @The Prowler.

tbh, I don't wanna be either.

With respect to Gold and Gold/Silver stocks....even with my limited knowledge, I don't think this current boom can last forever, Lex. I have this hunch that it's gonna drop and it wont last forever.

People can njoy it while it lasts, but investors including myself should be prepared to exit their positions at some point

Actually I might start unloading some of those stocks by mid year and gradually reduce my holdings.

I don't wanna stay in the Metals space for too long.

Best to sell some of them, reap the profits, get some more stable equities like banks, staples, utilities.

Whaddya think? sound good?
 
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Joe

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Obviously.
And yet im still up 20% to date Lex @The Prowler

However Im sure there are many many more investors who are doing much better within the same time frame Lex

However, 20% is sure a lot better than a gic Ive currently got that pays only 2%. compounded the returns wont be very good after 5 or 10 years.

So if I can average at least 10% a year investing in a tfsa im happy with that.

Incidentally i invested an identical amount into the tfsa and gic but quite obviously one is outperforming the other. I saw that the gic wasn't really going anywhere.

That being said im highly aware this gold commodities bull run is an anomaly & investors have to take advantage while they can.

More than likely a once in a lifetime opportunity that wont come agsin.
 
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Joe

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What is your TFSA worth right now, Senile @Joe?
I never volunteered to disclose that information Lex @The Prowler

Its you who insist upon prying that information out of me

However if you insist I can post that information . ...but you have to fully disclose the value of your TFSA, and oher investments Prowler. Along with a summary of those investments and screenshots.

Is that a deal?

You cant insist upon full disclosure unless you are willing to provide others with that information yourself.
 
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The Prowler

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I never volunteered to disclose that information Lex @The Prowler

Its you who insist upon prying that information out of me

However if you insist I can post that information . ...but you have to fully disclose the value of your TFSA, and oher investments Prowler. Along with a summary of those investments and s9me screenshors.

Is that a deal?

You cant insist upon full disclosure unless you are willing to provide others with that information yourself.

I can should you my TFSA numbers.

They are pretty unremarkable...I did not invest in my TFSA for quite a number of years because I was focused on paying off my mortgage and I already had a lot of investments in equities.
 
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Joe

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I can should you my TFSA numbers.

They are pretty unremarkable...I did not invest in my TFSA for quite a number of years because I was focused on paying off my mortgage and I already had a lot of investments in equities.
Of course you must be aware that the average size of a TFSA isn't very much in Canada Lex @The Prowler.

At most its about $50-60,000 across all age groups and genders. even according to Government data.

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