Bitcoin, Crypto Currency Crashing lately

The Prowler · Sunday at 11:12 PM

Joe said:
Your TFSA balance

$217,467.05 CAD

Like I said, it is small because I did not contribute for a number of years while I was paying off my mortgage.

The Prowler · Sunday at 11:13 PM

Now you go @Joe @Joe

Joe · Sunday at 11:18 PM

The Prowler said:
Now you go @Joe @Joe

Well mine is much smaller than that.

But I only started investing in the stock market since October of last year.

so that's about 4 months?

The Prowler · Sunday at 11:21 PM

Joe said:
Well mine is much smaller than that.

But I only started investing in the stock market since October of last year.

so that's about 4 months?

How much were you allowed to put into your TFSA, @Joe?

The Prowler · Sunday at 11:24 PM

I still have to put in $7000 for 2026...

Joe · Sunday at 11:35 PM

I've contr

The Prowler said:
How much were you allowed to put into your TFSA, @Joe?

I have contributed $99,000 so far, and the value of my holdings is $119,000.

So like I told you before, that's about a 20% increase in the value. since I started back i October.

That's all I got in the TFSA Prowler. Have about $10,000 additional contribution room left.

I'll probably contribute some more, but undecided what eqyutues to invest in.

Same time, I expect the TFSA to be worth more tomorrow morning (probably over $120,000) because the gold price shot up so much. Most my gainers have been Gold stocks.

Gold is now over $5000 US now, so that should push up the value of the mining stocks even more.

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Mind you, I don't know how long my luck will last. lol.

I'd rather not get too smug since I've seen/known others who lost a lot in the stock market.

Seamajor · Monday at 11:48 AM

Fatso is really fucking up. Silver is $112.42 per Oz. Gold is $5071.90 per Oz. Keep up your fine work Trump

Seamajor · Tuesday at 2:05 PM

Check the price of Gold Joe.

The Prowler · Tuesday at 2:46 PM

Seamajor said:
Check the price of Gold Joe.

It is ridiculous.

My wife is talking about selling 10 (Troy) pounds and buying a second vacation house.

Joe · Tuesday at 4:45 PM

Seamajor said:
Check the price of Gold Joe.

Your President is losing control of the US and World economy @Seamajor

He's a very poor steward of it.

so the Gold Price is goin' bananas.

Seamajor · Tuesday at 4:47 PM

Joe said:
Your President is losing control of the US and World economy @Seamajor

He's a very poor steward of it.

so the Gold Price is goin' bananas.

He’s a fucking idiot. He has no clue

Joe · Tuesday at 4:58 PM

Seamajor said:
He’s a fucking idiot. He has no clue

They say after Jerome Powell steps down in May, things are gonna get bad

But this will likely impact the Gold price, shooting it up even further.

so conservatively, $6000 US gold may not be far off.

If the economy is fragile now, it may get worse after Trump chooses Powell's replacement @Seamajor

The next guy Trump picks will most likely do what Trump wants, which is to lower interest rates at a time when America can ill afford to do it.

It will lead to more inflation, the devaluation of the US Dollar & more fuel on the fire to make the Gold Price explode.

So, if you have any favorite consumer items to buy before the, might be a good time to do it now.

Seamajor · Tuesday at 5:02 PM

Joe said:
They say after Jerome Powell steps down in May, things are gonna get bad

But this will likely impact the Gold price, shooting it up even further.

so conservatively, $6000 US gold may not be far off.

If the economy is fragile now, it may get worse after Trump chooses Powell's replacement @Seamajor

The next guy Trump picks will most likely do what Trump wants, which is to lower interest rates at a time when America can ill afford to do it.

It will lead to more inflation, the devaluation of the US Dollar & more fuel on the fire to make the Gold Price explode.

So, if you have any favorite consumer items to buy before the, might be a good time to do it now.

I did well when I moved back. There is nothing right now that I need. I own my house and car. I’m afraid to put any cash into the market, so it sits in the bank

Seamajor · Tuesday at 5:19 PM

Gold is showing at $5201. at the moment. Silver is at $112. Fucking A :ThumbsUp1:

Joe · Tuesday at 6:31 PM

Seamajor said:
Gold is showing at $5201. at the moment. Silver is at $112. Fucking A

Jeezus.

The Banks must be expectin' somethin' real bad in the comin' months @Seamajor?

I don't want to predict this for fear of it coming true ....but maybe a War isn't too far off?

It's actually scary when Gold rises that fast cuz it can also be the Metal which prophesises Doom.

Oh well.

Stay safe where u r Seamajor.

Seamajor · 2026-01-28T11:22:01-0700

Fucking A. Gold is $5338.90. Silver is $113.18. I’m a real happy camper this morning

Seamajor · 2026-01-28T11:41:05-0700

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Thanks Fatso. As if the fool knows what’s going on

The Prowler · 2026-01-28T14:13:14-0700

I might actually sell some of my precious metals for the first time.....ever!!!!

I have been accumulating and holding for over 30 years!

Joe · 2026-01-28T16:06:40-0700

Seamajor said:
Fucking A. Gold is $5338.90. Silver is $113.18. I’m a real happy camper this morning

Currently Gold price is $5417 US @Seamajor

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Something must really going bonkers with the Global Financial System.

The US Dollar is falling like a rock.

I guess Trump's plan to invade Greenland didn't help.

Now all these countries are dumping Dollars.

In an effort by Trump to make every nation dependent on the US and its dollar, all these nations are running away into Gold.

Joe · 2026-01-28T16:25:07-0700

Now almost $5500 USD @Seamajor

Something's def wrong with the financial system.

Joe · 2026-01-28T16:50:00-0700

Now its over $5500 @Seamajor

The Prowler · 2026-01-28T18:46:02-0700

Joe said:
Now its over $5500 @Seamajor

You should probably just provide a link to the Web page, Senile @Joe.

Hahahaha!!!

Joe · 2026-01-28T20:28:49-0700

The Prowler said:
You should probably just provide a link to the Web page, Senile @Joe.

Hahahaha!!!

At the rate it's going up even the 'safe' haven of Mighty Gold will probably crash along with everything else Lex @The Prowler.

Lucky I bought most of the Gold when it was between $2000-2500. Haven't bought much since.

So if Gold goes up to $7-8000 and then crashes 50-60%, I'll still be up on those purchases.

I don't think this is sustainable for long Prowler.

Maybe we have 4-6 more months of this...at very most?

Think Ill sell 1/2 of my Gold stocks at some point.

When something rises too fast too soon it's probably already in 'crash territory' or one to come.

Buying physical Gold, Silver or metals stocks at these prices seems rather foolish.

Seamajor · 2026-01-28T20:42:27-0700

I’m stoked to the maximum :ThumbsUp1:

Joe · 2026-01-28T20:45:45-0700

Seamajor said:
I’m stoked to the maximum

I wouldn't buy any more at these prices.

I'm pretty sure Silver is gonna crash pretty hard one day.

Gold is a safer bet.

Seamajor · 2026-01-28T20:49:21-0700

Joe said:
I wouldn't buy any more at these prices.

I'm pretty sure Silver is gonna crash pretty hard one day.

Gold is a safer bet.

I bought 5 Oz of silver last week. This is unreal. I’ll let the gold ride.

The Prowler · 2026-01-28T22:45:12-0700

Joe said:
At the rate it's going up even the 'safe' haven of Mighty Gold will probably crash along with everything else Lex @The Prowler.

Lucky I bought most of the Gold when it was between $2000-2500. Haven't bought much since.

So if Gold goes up to $7-8000 and then crashes 50-60%, I'll still be up on those purchases.

I don't think this is sustainable for long Prowler.

Maybe we have 4-6 more months of this...at very most?

Think Ill sell 1/2 of my Gold stocks at some point.

When something rises too fast too soon it's probably already in 'crash territory' or one to come.

Buying physical Gold, Silver or metals stocks at these prices seems rather foolish.

So what?

You spend way too much time thinking about this.

The Prowler · 2026-01-28T22:47:44-0700

Seamajor said:
I bought 5 Oz of silver last week.

What is that?

A whole day's salary?

Joe · 2026-01-28T23:07:24-0700

The Prowler said:
So what?

You spend way too much time thinking about this.

Here's a really interesting video Lex @The Prowler:

Industry Insider & successful American metals investor Don Durrett also provides some stock picks in the Silver Industry.

Plus, other than Silver Corp, they're cheap penny stocks virtually anybody can afford:

Guanajuato Silver Company (TSXV:GSVR,OTCQX:GSVRF),
Silver X Mining (TSXV:AGX,OTCQB:AGXPF),
Silver Storm Mining (TSXV:SVRS,OTCQX:SVRSF),
Silverco Mining (TSXV:SICO).

Durrett thinks they're pretty good bets. If they're low risk, not much to lose even if they're flat or go down.

Worth a shot. Maybe @Bastard Factory might be interested in some of the penny stocks.

Incidentally, I bought some shares of Silver Corp and they did go up already. But they're pricier than the other shares.

The Prowler · 2026-01-29T01:27:33-0700

Joe said:
But they're pricier than the other shares.

You do not understand stock prices, Senile @Joe.

As we discovered here:

The Prowler said:
So what I asked is what your TFSA is at...meaning what is it worth now....not how much you have contributed. I assumed you had maxed out your contributions.

For example, my...shit Web Broker is doing maintenance....my TFSA was at $187,438 on Sept. 11. I am kinda embarrassed by that low amount, but I started contributions late because I was focused on paying off my mortgage when the TFSA program started.

You would have to be an idiot to be investing in equities outside of the TFSA or an RSP/RIF if you have not maxed-out your TFSA contributions.

Joe, I have asked you what you mean by "expensive" because I think you do not really understand some things.

Let me give you a hypothetical:

ABC Company

On Monday the stock price is $100/share.
I buy 100 shares for $10,000

On Tuesday they do a 10:1 stock split.

On Wednesday the stock price is $10/share.
X buys 1,000 shares for $10,000

On Thursday they do a 10:1 stock split.

On Friday the stock price is $1/share.
You buy 10,000 shares for $10,000

Do you think that the stock that you bought was less expensive than the stock that I bought, or the stock that X bought?

Bitcoin, Crypto Currency Crashing lately

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