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Disappointed with NUGT, "the Gold Miners Index 2x Etf "
That is a shady dog of a stock
Used to be 3x, then out of a blue became 2x overnight.
Did a reverse-split. Does not correlate too good. A money-hog.
Avoid. Just my humble opinion.
Disappointed with NUGT, "the Gold Miners Index 2x Etf "
That is a shady dog of a stock
Used to be 3x, then out of a blue became 2x overnight.
Did a reverse-split. Does not correlate too good. A money-hog.
Avoid. Just my humble opinion.
https://www.zerohedge.com/markets/re...-metals-market
https://twitter.com/LukeGromen/statu...-metals-market
There is an important lesson for gold markets in Robin Hood reportedly going "sell only" on GME & AMC: If bullion banks are short gold into a gold re-pricing event like GME just went thru, paper gold will likely be settled in cash at the pre-spike paper price. Caveat emptor.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
Originally Posted by Shami-Amourae
Why wouldn't he? He was a big promoter of the buy silver crash JPM the last time around. How did that work out... Jamie Dimon is probably getting the giggles.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
That was a good one!
DON'T TAKE THE VACCINE!
THE SHIT HAS HIT THE FAN!
Hohoho! LOL. I just read about it today LOL. 550 years of silver price depression may be over. They may actually succeed with what the Hunt brothers failed to do in the 1970’s and 1980.
I mean they earned billions taking down the hedge fund shorts, they have plenty of ammo now.
Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation
You actually need to buy physical silver, like the Hunt Brothers did. I doubt the redditers have the patience for taking physical delivery on their CME contracts...
Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation
No offense but likely they won't go for Boomer Rocks.
I see most of them going all in on DeFi (Ethereum/Polkadot).
The only way to beat this system is abandoning it and using a new decentralized system that no one can control.
Not really, as they'll still use institutional investment. They don't care if you take part in their casino or not. Retirement accounts by and large, the largest segment of the FANG's are what these guys use for liquidity.
Unless everyone closes down their IRA, 401K, Employer Sponsored Retirement Accounts etc, it won't make a dent in their system.
Ethereum is garbage anyway. Polkadot is definitely a better alternative, as is Waves. Anytime Eth gets congested the Gas price goes through the roof. Fuck that.
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
vacuum (28th January 2021)
Yeah agreed but Ethereum likely will get fixed in the next couple years.
The only problem is that's forever in cryptoland so something possibly could take its place like Polkadot or Cardano.
That's why I'm heavily invested in all 3.
vacuum (28th January 2021)
I went mostly into Waves, do have some Polkadot that I am holding on to. Still hesitant about Cardano. The projects Waves has partnered with, as well as implementation of their Gravity protocol (allows for integration with ANY other blockchain for DeFi) has a lot of promise.
Ethereum has been saying they'll fix it for years already. They're still trying to work out the full implementation of Proof of Stake... Who knows if they'll ever get it completely worked out without breaking their Turing Complete Smart Contracts..
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
vacuum (28th January 2021)
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