GoldenToilet @joshmeyerrx
silver and gold stock bag-holder. Joined March 2020-
Tweets9K
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Followers6K
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Following247
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Well, here we are again with #silver. Time to get brutally pounded and head south again? Let’s see…
Best thing I ever did for my previously ass-wooped metals portfolio was subscribe to Gary’s SMT. Absolutely crushing it the last several months. #gold #silver
#gold is getting hit, Sunday night in thin markets after the highest daily close of all-time on Friday. Remarkable. 🤣
Everyone at my work is again talking about #BITCOIN. Completely unsophisticated investment crowd, all talking about how they are buying NOW. Have not heard a single word about investing from their mouths since Bitcoin’s blow off top at 69k.
Every metals investor at the close Friday 2/16: COT shows silver short squeeze imminent! Monday 2/19:
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34K Followers 326 Following ASX Trader. Charting enthusiast. Position/Trend/Breakouts. No financial advice given please DYOR as at least 50% of what I bought has been losing trades@joshmeyerrx Not really, it’s just given me more time to accumulate
@joshmeyerrx Yeh the ride has been akin to repeated getting kicked in the balls.
@azzodran @joshmeyerrx No physical sold until Premiums much higher…. As someone said earlier when the stock market drops and the public start panic buying
We are moving into the period where emotional unsophisticated traders will contract a severe case of FOMO and start to chase. These were the people who 4 weeks ago were telling us gold and miners will never rally again. They've missed the rally because recency bias convinced them…
@joshmeyerrx And those shorting mining stocks as well.
Minaurum Gold, holding two flagship projects (permitted Alamos Silver district) and pended permitting Santa Marta leaving the base, the higher in space $MGG.v
There is only spot. There is no futures market. You can’t pledge a future for trade collateral. They want the gold. Soon they’ll want the silver.
@joshmeyerrx @Jmergz1985 It's a specific type of skill to be wrong both ways
@joshmeyerrx I know! Turning bullish I expected 1/2 to be asleep at the wheel & the buy everyday guys, to still be saying that at least! Just had to stay consistent & even a broken clock is right 2x a day. Now they're "not buying it" Ok By the time they're buying it, I'm selling it to them🤣
Bottom line: No rate cuts until Biden stops cooking job numbers.
@joshmeyerrx Gary has been crushing it. I find comfort in his calls.
@DonDurrett The first stage is denial, Don. Then anger that you didnt buy, then bargaining at 2300 that if we just pullback to 2200, you'll buy. At 2400 & 30+ silver & +70% on miners, depression comes. At 2500, acceptance.
@joshmeyerrx Exactly. I have explained this many many many times. Watch and learn.
@joshmeyerrx @SzCsabaB The sad thing about these cheap insults is that boomers are the ones buying into the bubble now. If the arrogance of the poster above spent a little time researching, they would realize the largest gold consuming force is in Asia, and they are the younger generations.
The cancellation index calls another major bottom. How do these people manage to do the exact wrong thing at exactly the wrong time, over and over and over? Oh well for the rest of us it's an almost flawless signal it's time to buy.
@real_MikeBarnes I wouldn't say they are doing nothing. $GDJX is red today.