That can work as long as you stay pay with stops. If Pento is right on inflation and gold going through the roof, hyperinflation, helicopter money even before then you could even buy options during that phase in heavy volume of the major producers or if you could option the major ETFs.
Gold Train
UPS. Santa’s Helper
https://www.railpictures.net/photo/872874/
Ipso 20:03
Profits, IMO I think the percentage depends on when you bought in. Did you by them at the low, wait for a new low off a first target or second, or at a 20-40 or higher level than the low. If there moving with the others or lagging and why, the profits of the company if their honest and if the main sector is in play and higher highs and lows or the direction is in a down turn on bounce but can’t get through resistance on a down turn, did it break out of a downturn and moving up. If you sell some at 20 or 30 percent off the low or aforementioned if it reversed on you, you have room not to take a loss, or if your bought near the top and sold, or if you bought mid way off the lows you can sell more again to get back what you paid plus some profits and ride the rest up or can watch it everyday if ladder stops.
Pento said after all the debt in comparison to Regan’s day is much worse than now and gave the numbers which are mind boggling. That inflation down the road is going to be inevitable. That Gold will be the redheaded step child to Bitcoin. The move up will be perhaps bigger than people imagined, seemed that’s what he was saying, I wouldn’t put a number on it nor did he. I don’t like what it implies though for the economy. I just hope they get cost of living down. That is about 43-44 minutes in the last Pinto video.
Maddog @ 15:46
Thanks for the comeback, what you explained sounds right.
Gold Is Up Another $17/oz after market to $2,736/oz
Ipso
I pretty much agree with you. Buy 8 or 10 juniors. If any go substantially south (hard to pick a percentage) sell a part or all. If any go substantially up add and let run.
just imo
aurum
Deer79 and Buygold
As far as the junior world functions if you always sell at 10 or 20% profit you will always be a loser. It’s only the few companies that go up 8 or 10 times that bail you out of the losses you have in perhaps the majority of the juniors. If you sell those few you are done for.
Not to say don’t take profits … but from higher up and only a portion. JMO
Pretty bad action in the miners lately. It’s atrocious action, I guess it’s a new world. I’m waiting for sanity to return.
deer79
Tks v much for that ……
Deer79
Thanks for sharing that. I think Stewart is right on in his assessment. You simply cannot hold these stocks. If you are lucky enough to catch a 10-20% move, you have to sell them. You can never buy an up day and expect a follow through move because it is rare and too risky. 80% of all news is sold, and probably the same percentage is bad news.
Hard to see this changing. Like he says it is sanctioned by the regulators.
Captain Hook 11:36
I hope you are wrong, captain.
If Trump is Zionist/khazarian/mason, humanity is doomed.
If true, there is only one way. Two words — starts with armed and ends with revolution. I don’t want to see that, and do not see that as viable considering the state and mindset of much of humanity, and the possibility of the success of that against the powers that be seems almost futile.
FWIW
I follow a guy named Stewart Thomson (mostly just reading the articles that he posts on 321gold.com), and sent him an email about the abyssmal performance of the gold and silver mininers….
Here’s his reply to me:
The same applies to silver. A precious metal… or a rigged bankster casino chip? It’s been more of the latter for a long regulator-endorsed time.
For the miners, the banks and shorting funds use a clearing house shell game.
The regulators only audit one clearinghouse at a time to check for naked shorting.
The scum move the positions to another clearer while the one gets audited…
On a decent price sale into decent HSR (horizontal support), miners will usually rally about 20% in a month or two and need to be sold then.
On smaller sales and smaller HSR (like the latest into 2550), it’s better to focus on gold or go only for 5%-10% gain on the miners and sell them there.
Massive sustained inflation is needed to generate enough interest from institutions who wont put up with the naked shorting scams..
Until that happens… miners are best for 5%-20% trades not core positions.
thanks!
st
Buy physical
and short the stocks as a hedge! So I am told….
Dog
Mr.Copper
re the shares….I have a new theory……the Gold buying wants delivery…..so the bums selling have to deliver, they can’t use paper shorts as the buyers turn round and EFP the paper shorts back to physical…..whereas the share sellers apparently are never asked for certificates, or rarely and the SEC does nothing to police the situation…or close to nothing…..So the machines just see every rally as a better level to short from….
At some point though the dividend yield is going to be so big, tks to how cheap the shares are and how much money the mines make from high metal -prices that buyers will pour in for the yield and then the machines will be caught out…very badly…..
Mission accomplished
Silver back below $32
Thank goodness for all that paper! 🤣
Goldie, SNG
Goldie – makes sense. The signs are definitely there.
SNG – I don’t really consider the paper markets making gold more affordable a good thing after 25 years of holding it, and watching everything pass it by. Screw the people that don’t have it at this point. Gold and Bitcoin should be flipped around price wise. But you’re right, it will probably just get more “affordable.”
This is so thought provoking and profound: TWO BABIES IN UTERO
Buygold, Goldie, and Ipso etc.
Pento says he trades ETF’s for his clients, not the real thing.
Buygold, the good thing about gold being suppressed by the paper/ETF/Derivative contracts is that you can still buy the real thing at a reasonable price if you don’t already have enough. Same with silver. But if you can’t hold it in your hand it doesn’t exist.
When these $trillions of worthless Derivatives finally crash all the markets you can be sure there will not be a single ounce of physical gold or silver to be had at any affordable price.
IMO we are headed for a two tier system; one underground that will only trade in barter items and physical silver and gold, and without them in your possession you will have no choice but to accept the other Mark of the Beast system in order to survive.
It may be a good idea to make friends with a few farmers/ranchers. Maybe volunteer your time to give them a hand at both planting and harvest time. We do that and once a relationship is established you have so much benefit in meats, vegetables, eggs and fruits you can’t eat it all. We refuse to take anything from them that they can sell, but we take “seconds” which may have a small blemish, or be too large, or too small, making it unsellable but still perfectly good to eat. I was appalled at the amount of foods that ends up on the farmers compost piles.
And the other benefit is your health. Not only from having good nourishing foods to eat, but also from the exercise you get for free, rather than having to pay to go to the gym.
All the above is much more than just “food for thought”; it’s the life of Silverngold
Buygold Mike Pento
I checked my email, I saved it. It was posted on YouTube 5 days ago so rather new and past corrected from autocirect elections.
Buygold 11:12
It wasn’t that video but a longer one and why I mentioned it because in the one I posted he said golds in a secular bull but the other one I found later he said it is but he sold his gold for now. He said at first he was all Phyz then some ETFs. He made a comment along time ago that was kinda funny because it’s true about the individual miners particular the juniors something like if you want to shorten your life or something that’s the way to do it lol Maybe that’s why he sold for now. He know so much about the market although it can still be unpredictable that he knows when to get in and get out in time. It’s kinda like the Bible, when you see the signs, he knows the signs. That he doesn’t jump to conclusions on what’s going to happen a year from now but what he sees now. If I can find the video and you have time to watch it I’ll post it.
The great taking is still on track to be implemented by 2030 …
… and Donald Trump was re-installed as President to make sure it continues unquestioned …
David Rogers Webb Part 2: Facing up to The Great Taking and Ending Central Banking – YouTube
And Ivanka will be installed as the first woman President in 2028 to finish the job if people don’t wake up.
They are Zionists (Masons).
So, wake up folks.
Cheers
The fact that the HUI can’t get above 310
tells me everything I need to know about how the metals will finish the week.
Suckitude.
Goldie – Pento
I didn’t watch the video posted a few days ago. I’m guessing he probably doesn’t have physical, some ETF or other derivative?
Regardless, he’s probably right to sell. Inflation isn’t going down, neither is the dollar or rates. Trump will get oil going and that will help some but it will take a while. The metals certainly don’t seem to be in any danger of running away to the upside and there are plenty of investments that have way outperformed pm’s. Gold is up 35% over the last 14 years. Pretty sure cash has been better. I hope he picks the right spot to get back in.
Buygold
It’s one opinion but Mile Pento said he sold his gold for now in one of his recent videos Wealtheon?? He said it’s in a bull but he sold for now and will get in later because of the inevitable damage that has been caused in the last years is going to result in inflation. We already have inflation. Some idiot told him well if you take out housing, food, and gas it’s not so bad. 🤔🤡
Yup – here they come for silver
surprise, surprise, surprise,
Inflation data tomorrow. Fed meeting next week.
Gold looks good
Shares suck. So, does that mean silver is about to fade? Wouldn’t surprise to see them beat silver back below $32
They’ve got NEM and AEM pressed down into the crapper. Always sumptin’ 🙂
I guess we should consider ourselves lucky to have any gains given the dollar strength. Bitcoin seems to have taken a breather for a couple days.
I saw that article about the 1 oz. gold futures contract. Can anyone think of a single reason why that would be good for the metals considering what they’ve done on the regular contracts with 133-1 ratio of paper to actual gold?