/biz/ - Business & Finance

Question. Going into this economic crisis should we be heavy gold or cash?

>>21185409

The gold and silver rally hasn't even started. People are panic-selling their mining stocks even on days when silver is up by 10%. The metals are going up mostly because of the easing of manipulation.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

https://www.youtube.com/watch?v=D6DQtbn5nos

We are still at the absolute bottom of this bull market.

>>20784251

Don't gamble on crypto. Buy gold and silver stocks.

>>20781719

You are still clinging on to a scam bubble which popped in 2017, and think that that makes you intelligent. I'm telling you this for your own good. Get out now. Why are you throwing away the opportunity of a life-time for fool's gold?

>>20781719

You're still clinging on to a scam bubble which popped in 2017, and think you that makes you intelligent. I'm telling you this for your own good. Get out now. Why throw away the opportunity of a life-time for fool's gold?

>>20780982

I'm up 600% this year on my gold mining stocks. Could not care less that I didn't get into the Great Crypto Bubble of 2017, any more than the Mississippi Bubble or the South Sea Bubble before I was born. Far more people are hurt on the way down than are helped on the way up in bubbles. Foolish to be chasing a dead bubble and yesterday's news when a real bull market is staring you in the face.

>>20776468

Do you see this picture? Every single one of those bull markets followed after a long bear market. As Rick Rule says, "bear markets are the authors of bull markets." The bull markets also all took place in the same financial environment which we have right now, i. e. one of negative real yields. It beggars belief that junior small-cap miners are going to go 150x again, just as they did in the 70s, and, instead of getting in early, people would rather gamble their savings on meaningless internet tokens.

https://www.youtube.com/watch?v=20Co9ZxYa6A

>>20776468

Do you see this picture? Every single one of those bull markets followed after a long bear market. As Rick Rule says, "bull markets are the authors of bear markets." The bull markets also took place in the same financial environment which we have right now, i. e. negative real yields. It beggars belief that junior small-cap miners are going to go 150x again, just as they did in the 70s, and people would rather gamble their savings on meaningless internet tokens.

https://www.youtube.com/watch?v=20Co9ZxYa6A

>>20768358

Didn't you cash out and go all-in on gold and gold miners yet? You had the perfect opportunity yesterday.

>>20765680

>>20748370

LIO was up 22% today, and CNC is up 50%. The Bitcoin rally is not impressive when compared to my gold stocks. I am glad that I sold into the BTC rally today and exchanged it for them. For those still holding it, BTC might dump immediately at any time, but gold stocks will only continue to soar.

>>20730336

The principles are exactly the same.

>>20725342

SIL and SILJ are how you do it.

>>20723728

No. You are not too late at all. Buy gold, buy silver, buy the GDXJ, buy the SILJ. We are just getting started in this bull market.

>>20721883

"In time" meaning before the great breakout; but, in the greater scheme of things, "in time" is any point before the dollar collapses. Which may happen as early as this year, as Alisdair Macleod keeps saying. (https://www.youtube.com/watch?v=XliHE6QgljY))

>>20721894

I don't think that anybody should be holding their breath for a pullback at this point. If you don't have any exposure, get some immediately. People have been calling for pullbacks every day since April. Main reason why we had dumps in gold and silver before was because the manipulation was still going on, but a short squeeze is now underway, and the COMEX is in danger of imminent default. See my video above. It all started when Sprott demanded actual physical delivery of one tenth of the world's annual silver supply. Silver jumped from $19 to $23 almost overnight. He has stuck the knife into the bankers and they are fleeing in terror. Four banks are losing $280 million for every dollar silver goes up by.

https://twitter.com/MacleodFinance/status/1285299968446783488

https://kingworldnews.com/silver-short-squeeze-alert-sprott-silver-trust-to-purchase-1-5-billion-of-physical-silver-a-jaw-dropping-8-8-of-annual-global-production/

https://www.goldmoney.com/research/market-updates/silver-scintillates

https://kingworldnews.com/this-is-the-real-reason-why-silver-is-up-over-6-today-plus-gold-sees-massive-breakout/

>>20712472

Hope my fellow Englishmen are buying gold, silver, and the GDXJ/SILJ instead of wasting their time on crypto. Get real money into your hands so that you can resist the tyranny which is befalling us.

>>20697100

Look at my list of stocks. >>>>20597543 They have demonstrably doubled since I advocated them only a month ago. They are up 600% off the March lows; some 900% (Callinex, Viszla, etc.). GDXJ and SILJ are up 200% off the March lows, and have outperformed the Nasdaq by far (only up 50%). Going much higher. Mining stocks are the opportunity of a life-time.

>>20693289

>Bitcoin is entirely dissimilar to fractional banking, John Laws creation. It is literally the opposite, meant to stop his dangerous creation.

An analogy only concerns the point at issue. The point at issue was market-cap. You said that Bitcoin had a high market-cap, ergo it couldn't be a ponzi-scheme. I then showed you a high market-cap scheme from history which really was a ponzi-scheme. When you bring in other qualities, and compare those instead, you are shifting the goalposts.

>But lets zoom out and see how well JR gold miners have performed against Bitcoin in the past 10 years, 5 years, 3 years even? Not so well.

Don't make the mistake of chasing yesterday's news. It is very well possible that the crypto bubble popped in 2017, and that crypto may now go into a bear market or stagnate. The euphoria has come and gone. Bull markets come and go in cycles, and bear markets are the authors of bull markets, as Rick Rule says. People constantly miss the opportunity of a lifetime, because they presume that what has been recently, always will be, instead of looking for objective value and getting in at the bottom.

By the way, bear in mind that I do not even recommend investing in small-caps for everybody. My posts always point out that no one small-cap should take more than 1-3% of a person's net-worth, and that most people should stick to the GDXJ and SILJ.

>>20691295

Convert that clown money which the government gives you into gold, silver, and mining stocks (GDXJ/SILJ). Best decision which you will ever make. I also suggest converting your clown digital currency, too, but it might take a little longer before you will be convinced that that is the right decision to make.

>>20679594

>>20675893

Agreed.

SILJ is the next Bitcoin.

https://www.youtube.com/watch?v=20Co9ZxYa6A

>>20675413

SILJ

>>20661310

Buy the GDXJ or the SILJ and simply hold them. It's that simple. Both up 170% off the March lows, both going at least 1000% higher in a PM bull market on the basis of historical precedent; and we are definitely going into a PM bull market now.