Sunday, July 14, 2019

YOU KNOW YOU SCREWED UP

Or maybe you think this game is going to go on forever like Buttfox thinks  it will. You're afraid all of the sycophants on Blabberbox just may be correct and "everything IS fine". Maybe you just want this dance to go on forever because you think you have your hand down the back of your Prom date's panties while the music just keeps playing and playing. 

You're still pissed because you didn't buy BitCON at a buck and sell twenty thousand. Worse yet maybe you're mad because you didn't buy BitCON at 3000 last year and didn't become an official member of the crypto HODL crowd. How can you be so stupid to have missed that opportunity? 

Gold Selloff Risk Is High As The Buying Fuel Is Largely Exhausted...lol...you really think this is retail/hedge fund paper buying that is driving this????



Most likely you're trying to figure out a way to get out of that stack of silver without a loss, just hoping it gets up to 30 bucks. Its really not surprising considering how easily mass psychology buckles when the true power exerts their pressure on your pain points. Oh I know, you believe it makes sense to invest in physical precious metals but hell.....they just don't pay you any dividend. You're tired of your spouse pissing on your doom predictions and looking at you like you're the biggest shit head on earth. Times been ticking on this trade so long you have to really admit you were just WRONG.

After all......its all great ain't it? Unemployment is now 4%. Of course no one has a full time job and they haven't had a raise in 20 years. Millions of illegal immigrants are flooding across our borders from the economic and political collapse in Central and South America, but what the foch that's no problem is it? 

As Crypto Crash Continues, John McAfee Doubles-Down On $1 Million 2020 Bitcoin Price Prediction.....he'll eat his dick and YOURS........










Hey! Inflation is rock bottom according to Kudlow and the Fed so fuck you if you have to buy groceries like a peasant. Double dog Fuck you if you have to buy a new vehicle. Hope you don't have a kid in college right now and make more than 70K/year. You're done for but there's no inflation lol. Oh and my favorite ......don't get sick you stupid, egg sucking peasant! You're gonna love that tab, but there's no inflation because you have that NO INFLATION insurance........lol.

We're just dumbasses not to have bot Stawks and BitCON. Instead we bought gold and silver. Sorry to have been so stupid and tomorrow I'm joining the Bix Weirdo crowd and buying a buttload of cryptocrap. I know that'll make me happy, wealthy and most of all SMART! 



52 comments:

  1. Replies
    1. thanks.....more truth in it than sarcasm.....lol

      Delete
  2. Actually, the bloodbath in cryptos this am might soon lead to a price where it might be worth buying a lottery ticket, the sheeple in that market can make you rich if your timing is (very) right...

    ReplyDelete
    Replies
    1. There's part of me that hates it when sheeple do that...

      Delete
    2. the next crypto low worth buying on bitCON will be sub 2000 and THAT will be a very short term trade

      Delete
  3. Kinda at a loss to see what propels this market higher where everything propels this market higher.

    Seems like quite the megaphone chart in a monthly S and P. Every new S and P high has been sold creating this chart. Not sure what the baby black swan could be but seems like it will visit.

    So hard to lean into this with a short of the spx. Hard to leave a short open over night which is when the fireworks will happen.

    Does anybody really think cryptos will be allowed to undermine the US dollar....

    Sheeps

    ReplyDelete
    Replies
    1. By FIAT they can slaughter crypto at ANYTIME they want......they want it right now to divert money from PM....that was always the intended purpose of the initial runup......lol not to mention their profits from the trade

      Delete
    2. They will Orange Man said already said so...

      https://mobile.twitter.com/realDonaldTrump/status/1149472282584072192?s=09

      Delete
  4. $30? Ohhhhhh Yeah I'm down with that! Lol!!

    Cryptos No Bueno...

    ReplyDelete
    Replies
    1. At 30 GPL would be at 6 or 8

      Delete
    2. GPL No Mas... Got tired of looking at it and kicked it to the curb but I'll take $30 all day long... I've added a little here and there to the stack..

      Delete
  5. https://mobile.twitter.com/TheSharpEdge1/status/1150812155412791300?s=09

    Cool Read...

    ReplyDelete
  6. Hehehehe

    https://mobile.twitter.com/eorden/status/1150779192201699332?s=09

    Wonder why they started in SA???

    ReplyDelete
    Replies
    1. One Zerohedge commenter astutely observed "Seriously, is all of this EVIL really necessary just to ejaculate?"

      Delete
    2. Sick Fochs and we're only seeing the surface of things...

      Delete
  7. Inflation? Under Control....

    https://www.zerohedge.com/news/2019-07-10/pod-life-costs-millennials-1200-month-california

    ReplyDelete
  8. many prognosticators are predicting a near term beatdown in silver and gold..........I think silver will spike in price instead .........its just too easy and a spike catches a lot of shorts off guard..........then they'll hit it but that will only be a shake out

    ReplyDelete
  9. Silver miners Alexco and EXK are up almost 10% today.

    Charles Huge Smith has an interesting take on Epstein. He thinks the house cleaning is an attempt of the deep state to maintain legitimacy in the eyes of the public.

    http://charleshughsmith.blogspot.com/2019/07/epstein-and-explosive-crisis-of-deep.html

    ReplyDelete
  10. https://confoundedinterest.net/2019/07/16/symbols-of-banking-failure-italys-monte-dei-paschi-receives-massive-taxpayer-bailout-good-bad-bank-model-like-deutsche-bank/

    ReplyDelete
  11. My largest holding AG has been quite strong of late, not sure what to make of it except if you are
    betting on silver, they are a real good place to be, Neumeyer's recent interview on silverdoctors.com is a classic...

    ReplyDelete
    Replies
    1. if I said what my portfolio did in just the past 24 hours it would be obscene......lol......like jesse livermore said......sit tight

      Delete
    2. so here's whats obvious......retail is out of this sector completely.......out of PMs and PM shares.....hedge funds OUT of the trade......the boyz are now positioned and they will now trade this on the long side......retail trying to trade with them will get chopped up since the volatility will be max pain......hedge funds same story since they have a VERY IMPOSSIBLE time hedging this type of volatility and I have that straight from their mouths......so enjoy the next year......and then you may want to find your own bunker

      Delete
    3. Yep, thinking it is just like you said, biggest gains happen towards the end of the cycle and we are just getting started..¹

      Delete
    4. lol....its a human psychology study they know all too well......this is a third wave that follows the 2016 move......its a "biggy".......the retail/hedgee bagholders won't be back in until at least september and they'll need them in the miners for awhile to hand off their shares on this trade so probably early next year but you'll just have to watch and wait

      Delete
    5. I will trade on my core positions on this move up but only marginally.......

      Delete
    6. I am not trading my core, hunkered down with positions I am comfortable with, might buy some trading shares though, but for now just sitting back with my bag of popcorn and a cool one...

      Delete
    7. just marginal trading.........holding here is paramount

      Delete
    8. its now obvious we're in a breakout and its going to be very large and longer than 2016 move......retail will be late and easy to shake out so holding the first few months is vital to gaining maximum return unless you have very large positions and want to play against the house.....i will....on the last big move in 2016 I had over 70K shares in RIC at 3 bucks and wound up trading out of most of my position ......eventually it hit in the teens and I remember calculating if I had held it would have been close to a million.......so you just can't tell on these moves.......AG could easily blow through 30 on this leg up.......its the final wave in a couple of years that will be even more staggering when silver hits googooplax.......

      Delete
  12. Ray Dalio is now on the gold bandwagon, not sure if its all talk to catch the current trend or maybe he was buying the lows and now wants to support and increase the value of his position. I doubt he is trying to help the average investor, so I see his opinion as somewhat of a negative for gold.

    ReplyDelete
    Replies
    1. he has been on the gold trade publicly for 6 months

      Delete
    2. he was on the gold trade in mid 2015 before the 2016 runup PUBLICLY.......he also said he was OUT of the trade in mid 2016

      Delete
  13. OK not a big Dalio fan, I tend to see alot of self promotion in his public comments sometimes with political persuation I may not agree with. But he is off the hook on coloring my opinion about the gold trade.

    ReplyDelete
    Replies
    1. he's an operator....much like livermore....none of these guys are to be trusted.....if you go in a lion's cage would you trust the lion? ......you're playing in the lion's cage in this Bear of all bears......they all have a story to tell....look at it like a symphony and just listen to what the song is telling you......I have heard his music before but most will not react to what he is saying. It doesn't matter to me if he is right or wrong right here and now.....but its still a line or two in the song.....like livermore said when he was in the lion's cage "sit tight" lol

      Delete
    2. participants in this market have been conditioned to become the ultimate bagholders...they may go to cash here but it does not matter.......they will go back into this market on any 10 or 20% pullback......they'll be slaughtered at some point and will HODL until they hit max pain

      Delete
  14. Lol! It's like they're listening to you two talking....

    https://www.zerohedge.com/news/2019-07-18/cryptos-suddenly-panic-bid-bitcoin-back-above-10k

    ReplyDelete
  15. no retail in the miners........amazing

    ReplyDelete
  16. Kliguy, It looks like you're probably having fun today!

    ReplyDelete
    Replies
    1. lol........up over 8% today but still have about another 40% before I am back to my 2016 all time portfolio high.......but watta week........

      Delete
  17. The miners on my screen are trading huge volume the last few days, with prices moving up nicely, could be some retail starting to creep in...

    ReplyDelete
    Replies
    1. most of volume is managed money......too early for retail.......doesn't really matter since they have a long way to go if gold is staying over 1450........

      Delete
    2. this bull move is powerful and will not allow most to hop on.......those that are on will be shaken off well before it makes the really big move in the leveraged paper trades such as miners/options/futures........

      Delete
  18. I'm out but we've seen this before, will the Monkeys with the Hammers be allowed out of their cages or is this the real deal...

    ReplyDelete
    Replies
    1. you and every other retail investor is out...........who can blame you in this rigged casino......2016 was an eye opener in this leveraged paper trade.......we'll see over the next two months

      Delete
    2. I made that decision bout two years ago and just unwound what little I had left. Up is Down, Down is Up, Nothing is Real, its just more relaxing holding and adding here and there to the stack.

      However, I do sometimes regret for a few moments not following Skippy into the Matrix and git me sum FANG's and git rich but then I remember them pulling the trap door on everyone in 2008/2009 and come back to my senses and given all the Heggies that have blown up playing this game, I'm good with my decision...

      Nothing's real in the Casino..

      Delete
  19. I’m like Tom, but in and waiting for the hammer. Totally conditioned!

    ReplyDelete
  20. I think this is the point when you start to question everything about the PM trade,
    a big recent run-up after a very very long wait, and now a pause and retracement,
    will the bottom fall out? or will support hold and PM's spring higher? Somehow, I do
    not see the recent run-up as a fluke - monetary conditions have finally gotten too extreme -
    and investors now realize that is not going to change, but are gold and silver the
    answer? How do you protect and grow wealth in a low to negative interest rate environment
    - that will only get worse before it all ultimately crashes. I have more questions than
    answers - but do know that a portion of my wealth in PM's is not insane, so I will
    stick with that because the rest of it is looney...and frightening...

    ReplyDelete
  21. great to hear all your concerns which reinforces my point of view which is RETAIL IS OUT..........very important for any bottom is the lack of retail involved....... why is this possibly a new cyclical bull in the miners (actual secular bull began in jan 2016) or third wave beginning??? Just look at the volumes in the miners. Look at the big miners barrick etc......now look at silver confirming gold......look at the bull flag that formed on almost everything two weeks ago and then broke out AGAIN..........look at GDX........look at weeklies and dailies and monthlies.......above all if you are invested be patient.....if you're not in then stay out, you have no business being in this bear of all bears. buy physical only

    ReplyDelete
    Replies
    1. clarifying .....i think this is the beginning of a third wave in this move.....first wave in jan 2016........I believe the fifth wave will end in 2020 ........then we will get another five wave move beginning in 2021 that will push gold above 5000......THEN the really big move will come...............and that will be unfathomable to retail, but not to Sinclair lol.....he knows

      Delete