Buygold
If Hollywood Gold is still lurking, he has a daughter in the printed tshirt busness. Richard, are you still lurking?
Amals
I appreciate your insights.
I will hold these beaten down stocks, but I just won’t play in this sector ever again.
I always appreciate the shared ideas and comments on this site.
Good luck to all.
Mr Copper
Yeah McCarthy-ism and the great witch hunt amounts other things. He wasn’t to keen with addressing their rights. Being investigated on the other hand doesn’t imply guilt. He wasn’t on any American activity or security committee was he?
We do need something like that today to hunt the real communist behind subversion.
too tired to write anymore right now. Busy
@deer79
I, too, feel your pain, but if your accounts are like my accounts, and it sounds as if they might be, what is the point of selling for pennies on the dollar? They’re not worth selling. I’m with Mr. Copper when he says wait for the new highs. They’re bound to come eventually, and if they don’t, you’re no worse off than you are now; they can’t go much lower! The hope is at least some of them will come back and make you whole. Maybe even better than whole. That’s my strategy, anyway. I’ve already written them off as a loss in my mind and my planning; anything I re-coup in a metals rally will be icing on my cake. A stock is not a loss until you sell it; do that and you’ve locked it in for good. I’m too stubborn for that, given my belief that I was right about buying them in the first place. I believed there was a failing financial system then (around 2000), and I believe it now. I believed in real money and the companies that produced it then, and I believe it now. My heirs can sell my stocks if they want when I’m gone; I’m holding.
Sorry deer79
I’m with you. The pain just gets worse and worse. Rally a respite from it.
Mr. Copper, the SM is betting they pause. 100% odds, so they will pause. If not, they will shock the markets, and they don’t want to do that. Gold knows this too, but there are no buyers. To that I ask, WTF?
More losing…
White House Slams “Inappropriate & Disrespectful” Behavior Of Topless Trans Guests At Pride Event
“…not reflective of the event we hosted to celebrate LGBTQI+ families …”
@goldielocks Re They succeeded in surrendering to communism
Joe McCarthy spotted them early on. He lost and the communists won. Its not capitalism that is failing, its the 75 plus years of growing socialism that is trying to collapse.
Senator McCarthy first made a name for himself in 1950 when he charged that over 200 “known communists” were in the Department of State.
Mc Donnald JFK before him
The Democratic part of the left has about succeeded in surrendering itself to communism.
The problems back then mirrors the problems by the same players today, CIA, Policy makers, Schools, funding and transferring technology to our adversaries, the UN and more but now it’s on steroids and global.
While people are waiting for WW111 they don’t seem to recognize it’s already here from within. As he mentioned the left called the people too unsophisticated to understand, basically as far as being gradually directed towards communism they are not recognizing it because it’s more sophisticated than fighting with weapons. They’re weapons are transfer of wealth, attack on freedoms, sovereignty, privacy, elections, speech, the right to assemble, own property, raise your own children, bear arms , informed consent vs medical treason… war is already here. The unsophisticated are still waiting for it or think it will never happen,
We recognize it, enough to know how bad it is.
Looking back in time.
How far we’ve come toward communism.
Laurence Mc Donald a Democrat Conservative and patriot died in a plane crash after this last TV broadcast exposing communism “Marxism” within the government.
There is a elite core with a objective to gradually dissolving sovereignty, the rights of citizens and on the road to one world government. He’s questioned and able to answer with a how they’re doing it and who’s involved and that was 40 ago.
There were people back then who thought he wouldn’t live much longer after that broadcast but he was always fighting communism and backed the 2nd amendment.
Not on this video he said something to the fact they like inflation because they can pass more bills to expand government.
Buygold @ 12:32 re your “a 100% chance that the Fed will pause tomorrow”
I’m thinking the Fed would LIKE to pause tomorrow, but sees the stock market booming and Gold holding the $2,000/oz area, and they have sweat on their upper lips. If they pause stocks and Gold with rocket higher. I’m FOR that. But will they? Pause.
ipso facto @ 12:22 re your “They want starvation bc Starving people are easy to control?
I think everything has already been in control globally. (except for Iran Cuba N Korea and now Russia) Besides that, global socialism/communism, or globalization, global socialism, constantly bail out and feed the under dogs, countries and people.
Thats the major problem these days. Failure of global socialism. Google deglobalization. I called a reversal of globalization on the 9/11 attack on the World Trade Organization, which led to the 2008 financial crisis. The USA’s “bottom”. And Trump confirmed it.
I became pessimistic for the USA after 1973, but after 9/11/01 and more so after 2008, seeing global influences failing I got optimistic for the USA after this transition we are in finally ends.
Re your “Dutch farms are not going to magically appear elsewhere” you’re right. Other countries Farms like in USA will grow and export food to the countries that produce less food. Exactly like what happened to US manufacturing sector. It got smaller as we imported from all over the planet after 1970, when they created the EPA to create obstacles and wealth absorbing jobs here.
What can we even say?
There is literally a 100% chance that the Fed will pause tomorrow – these are the reported market numbers – yet we see rates rising and the USD being dragged along with it.
Maybe pm’s are waiting for the magic word of “pause”, but that seems like a lame reason.
Has the bar been raised again to where now we have to see them reverse course?
Is the BRICS and their supposed “backed” currency even real?
deer79 @ 11:27
I think all of us here can sympathize. It’s been a lot of years of getting kicked in the face. I’m sticking around for now but who knows tomorrow!
Mr.Copper @ 10:54
All these highly productive Dutch farms are not going to magically appear elsewhere. Plus the WEF is trying to shut down farms in other countries as well. They want starvation, it’s part of their policy. Starving people are easy to control.
@ deer79 re you’ve been a struggling Goldbug since the late 1990’s
What about when the Dollar lows and golds highs around 2012-2013? What tickers are you on? If they are too low to sell, just hold them until Gold makes new all-time highs again. Im up on AGI DRD and IAG.
I wish everyone well and Good luck
Today takes the cake for me. I’ve been a struggling Goldbug since the late 1990’s and today has broken me. I will still occasionally read the posts here, but I’m done playing in this sandbox. I’ve watched my accounts drop 6 digits plus in value and I’m resigned to completely writing them off.
Good luck to everyone!
FYI
Finally, UVXY to split 10 on June 23rd—
don’t buy any options that expire after the split
ProShares Announces ETF Share Splits
BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of ETFs, announced today reverse share splits on three of its ETFs. The splits will not change the total value of a shareholder’s investment.
The ETFs will reverse split shares at the following split ratios:
Ticker
|
ProShares ETF
|
Split Ratio
|
Old CUSIP
|
New CUSIP
|
VIXY
|
ProShares VIX Short-Term Futures
|
1:5
|
74347Y854
|
74347Y789
|
UVXY
|
ProShares Ultra VIX Short-Term Futures
|
1:10
|
74347Y839
|
74347Y771
|
BOIL
|
ProShares Ultra Bloomberg Natural Gas
|
1:20
|
74347Y870
|
74347Y763
|
Why Are The Netherlands Getting Screwed? Like The USA Did After 1970?
“According to the most recent findings from Numbeo, the Netherlands ranks #1 for quality of life based on several factors including cost of living, crime rates, healthcare, commute times, and environmental pollution Denmark and Switzerland came in second and third respectively, rounding out the top 3.” Denmark and Switzerland took the remaining top spots. The same 3 European countries were named as top performers in last year’s ranking, with Switzerland taking 1st and the Netherlands taking 3rd.
https://www.iamsterdam.com/en/business/the-netherlands-ranks-highest-for-quality-of-life-in-2023
Comment: The USA has gone downhill since 1970. So it makes sense that it became time for global powers to take from other countries and give to the USA. If you look for signs, the US hit bottom in 2008 and THEY whoever they are, unless its just natural, they are bringing work back. Hopefully they didn’t wait too long and it works. When Trump go in, he was speeding up the transition, to screw the whole world and bring us back fast.
@ ipso facto re The Netherlands gov at the behest of the WEF, who is at the behest of Global Powers
They can use any story they want to. But imo, Globalization is global socialism. Take from wealthy countries and share or give their wealth to poorer countries. By the way, how can they possibly cut Co2 emissions if they simply transfer where the food is farmed?
There can’t possibly be less food production if they keep spreading wealth and phony money all over the planet, raising or creating good or better living standards and more population growth. Imo the entire clean air green act was simply to create new jobs to replace the lost jobs.
Mr.Copper @ 10:29
The Netherlands gov at the behest of the WEF is shutting down a lot of their farming to cut Co2 emissions and combat global warming. More expensive food will be the result and although the Dutch may be able to afford it, when they do this worldwide the poor will starve.
They’re trying to do this in Canada as well … and talking about it for the USA. It’s an insane policy, but goes right along with the WEFs goal to cut the population numbers of the Earth.
bbl
@ipso facto re 9:38 10,000+ Dutch farms will be shut down forever
There must be some kind of trade deal going on that will make the Dutch import or buy food from some other countries. Like what happened to the USA. We buy our consumer needs from other countries. Due to currency exchange rates, and tax incentives to screw ourselves.
Shouldn’t
The somewhat tamer inflation report be positive for the POG and Silver?
US $ down, stocks rip higher, but Gold continues to get sat on…..
Travesty
10,000+ farms will be shut down forever to fall in line with the 2030 agenda of the European Union 🤡 🌍 pic.twitter.com/FrAwMZrIGL
— Wall Street Silver (@WallStreetSilv) June 13, 2023