Archive | April 2020

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GETTING CLOSE TO TOP?

—–UPDATE: We were stopped out of CAG (and other positions we were trading.) CAG Sold….nice little profit. April 30, 2020. Considering that the economy is essentially shut down, the market technicals are STILL POINTING UP…..really amazing. We have been trading positions and riding the market up making some tiny money. BUT keep in mind that […]

HAVE YOUR SELL STOPS IN PLACE

Trump Asks Why American Taxpayers Should Bail Out “Poorly Run, Democrat” States Another free issue of Kiplinger Income Issue U.S. National Debt $75,000 per citizen!! April 28, 2020. Tragic. That’s right folks, every citizen of this country owes $75,000 toward the national debt—as of today. It will continue going up. The spending by your corrupt […]

WAITING FOR CAPITULATION. SELL GOLD

“Without workers, we don’t have an economy, and right now we are incentivizing people not to work.” full article Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers Monday: Sell gold right now. It is looking weak, opposite of what we expected. Taking our small profits. LONG TERM we feel gold will be heading […]

ADDING TO GOLD

Thursday 11am Yesterday one of the big banks said gold was going up to $3000. This caused a huge spike this morning. But gold is now pulling back to reasonable buy prices. GDX is now at $33.48 and we are buying….add to any gold position you have. WE PLAN ON ADDING EVERYDAY ASSUMING THE MOMENTUM […]

BUY GDX

April 22, 2020. We sold gold last week expecting it to decline to the 50 dma. This did not happen. The general consensus says gold is going much higher. We are buying a small position in GDX and will add everyday going forward, assuming we see positive trends. UPDATE: We also bought NUGT __________ The […]

CASH IS KING

Monday April 20, 2020. We came across this YouTube financial video and suggest you watch it. Link below. This guy has almost half a MILLION subscribers, which is really shocking for a money oriented video. Evidently a lot of investors think he is worth following. VIDEO LINK __________ We sold our very large gold position […]

SELL GOLD POSITIONS RIGHT NOW

1:30 Thursday Sell gold now. As expected gold appears to be turning down. Taking our huge profits. We WILL be buying again within the next few weeks as gold hits the lows.