“I’m a glutton for punishment” LOL
I think we all must be! We’ve been getting beat up for quite some time. If we didn’t think there was a good sized gain down the road then we’d be insane.
“I’m a glutton for punishment” LOL
I think we all must be! We’ve been getting beat up for quite some time. If we didn’t think there was a good sized gain down the road then we’d be insane.
IMO, gold is a broken market…So I am not putting up any serious coin–I’m looking at some el-cheapo options on SAND.
As an outright buy at 5.50, it is an excellent non-expiring call option on gold–it’s a real deal company with great management–should be a 20 buck stock at some point…look at the stats….I want nothing. to do with those penny explorer scams.
Without gold being up with it less there going to do it backwards like everything else. Just heard on Fox that SS, COLA could be 11 percent this year. I did a search and different numbers popped up from 8.6 to 11 percent with the 11 percent recommended due to prices. Real inflations probably double that or more with food and gas. Now they’re going to use up the oil reserves and put us in a world of hurt when that’s gone or maybe that’s their plan.
snip
For instance, as part of its plan to reduce CO2 by 40% from 1990 levels by 2030, the EU still plans to cap pollution under the Emissions Trading System (ETS) at about 12 billion tons from 2021 to 2030, tightening the total amount of emissions allowed each year.
Those limits had remained despite lobbying from coal-dependent members like Poland because there was just plain no room in Europe’s “Overton Window” to question the sacrosanct claim that failure to prevent global temperatures from rising by 1.5 C by 2050 would bring the ruination of Planet Earth.
That’s rank hogwash. The truth is, for upwards of 90% of the time during the last 600 million years of the Earth’s relentless “climate change”, the average temperature has been well above the current 15 C, sometimes by as much as 10 C higher.
And never did those higher temperatures lead to an inexorable doomsday cycle of heat retention that fried the planet.
https://www.zerohedge.com/markets/david-stockman-europes-economic-suicide
Wisconsin & Southern in the Rockies
https://railpictures.net/photo/796756/
https://railpictures.net/photo/796757/
It isn’t doing what it was meant to do. We hear a hedge against inflation on the currency, nope not in industrial states. We hear loss of confidence in the government, nope not in industrial states. We hear war , we’re constantly dragged in other people wars, nope.
It’s a pump and dump scheme. Oh lets look forward next bottom and make sure you get out before they dump it again.
As long as it’s not in the mainstream ie a basked of retirement funds or 401K it gets no attention including insider trading other than manipulation but it’s not reliable in paper shares. You have to watch the charts and put in your stops or you’ll be the next sucker getting ripped.
Remember 08 and when you said they’re selling small lots if your shares at a time “ I’m guessing you were getting a few that cost more than the transaction”. and you said Who buys 10 shares!!’ Of some below a dollar stock lol
People don’t say oh here’s my money do what you want with it, they will. Same as oh don’t sell it’s going to the moon. Then it turns into oh I think this is the bottom, lol Which is it? Bottom of the moon. You never hear that in any other sector that I know of.
No doubt after time when they get new suckers in it will have its ups again until they pull the rug but totally irresponsible for anyone to stay leave it there and forgetaboutit, or any stock for that matter, you have to watch it and get little input on how their going to make you money like other stocks. Kinda reminds me of the story of the carrot on the stick.