Posts by lonehawk5

Look, walking by yourself isn't banned or anything. It's just... they're recommending you stay inside as much as possible.
But all those other rules, like gathering in groups and stuff? Those are still very much in play.

So, they dropped the minimum capital requirement down to $5,000.
Your overhead is basically: rent, accounting, utilities, payroll taxes, salaries... the usual stuff.
Sure, you can register the business under your own roof, but don't forget you still have to meet all those technical requirements and certifications—depending on what kind of industry you're in.
And yeah, contracts? You absolutely need them. Always.

When it comes to accounting, calculate it $667 on a monthly basis... and just forget about those cheap services that offer everything for pennies. You’ll end up in a massive mess because those guys always take the easy way out, and eventually, that laziness lands right back on your head.
Keep a close eye on the balance between your income and expenses, otherwise, you're going to be getting "love letters" from the IRS constantly.

Oh, and one more thing—budget extra for those startup costs on top of the capital, like legal filings, stamps, and all that junk.

It’ll cruise past $300 million without breaking a sweat, so there's no way anyone can call this a flop.
If it actually hits the $500 million mark, then we're looking at a massive chance for a sequel...

analogharbor44 said:See that? Not a single person commented on the post. Neither the gold bulls nor the bears have said a word. It really shows you how much expertise we have on this forum! But hey, I’ve got a question. The gold Bull market kicked off around 2000, right? And gold went up about 3 or 4 times before the 2008 crash. Back then, Treasury yields were double what they are today, inflation was way lower than it is now, GDP growth was higher, deficits were smaller, total national debt was lower, and the whole financial system was way more stable than it is today. Honestly, I'm pretty confused here. Based on what you wrote, gold should definitely be heading up! 😕

Look, Goldman Sachs was kept under "control" for years. All that multi-year accumulation had to break loose eventually, and one crisis after another just made that outcome more and more inevitable. The real warning sign was 2007. (I remember getting called a doomsayer for saying a massive market meltdown was coming, especially regarding JPMorgan Chase), but don't use current interest rates or debt levels as a benchmark—people trade on expectations. Those expectations drove the price of Goldman Sachs to double over the last 7-8 years, and as time passed, reality just caught up with those expectations. I'm not trying to play Monday morning quarterback here, so I'll just leave it at this.
The data I posted isn't good for Goldman Sachs, if things move that way. And that’s enough for me.
You really need to keep in mind what "the big players" want and expect. You can't get greedy (you can't expect 10 years of straight growth), and you have to realize that "smart money" eventually has to hand the baton over to the masses. Most importantly? Watch the charts. It’s not about dumping your money in and watching it go up or down; it's about recognizing the cycle and catching a piece of it. That’s how you adjust your portfolio (Goldman Sachs, stocks, cash).

Just ask yourself one thing.
What would have to happen in the world for the price of Goldman Sachs to double again in the next 5-7 years?
Assign a probability to that, and then act accordingly with your investments.

Look, I'm not some genius claiming to know exactly where Goldman Sachs or silver will land by the end of the year or two or five... like some guys on this forum. Nobody knows that for sure. The market is a "living thing," fueled by the emotions of everyone involved.

The charts always hold most of the answers... hints about shifts, corrections, all that stuff.
99% of people don't just lack the knowledge, they don't even have access to the real info (which costs a fortune), and that's why most of them lose everything.

Sam Ruiz60 said:I honestly believe gold would need to dip below $1,000 to really start shining from a long-term perspective.

It might still see some upward momentum for a little while longer.
But let’s be real—do you actually think you can make significant long-term gains on gold? Most retail traders just end up losing their shirts.
At the end of the day, gold is essentially just paper, much like any other stock, which means it's wide open to market manipulation. That's why all those complex theories and technical analyses often fall apart when things get real.
Stocks—and even precious metals—don't actually move based on the news like people tend to assume.
Instead, a price movement happens first, and then some news story conveniently emerges afterward to justify it. It's almost too perfect. If there isn't a headline that fits the direction speculators want to take, they'll either manufacture a reason or simply wait, leaving everyone else wondering if there's some grand conspiracy at play when nothing seems to trigger the move.

Look, my friend, you just said something that most people here won't grasp in their entire lives.😉
We've got people here who can read COT reports and interpret them perfectly, we've got the hardcore fundamentalists who know their stuff inside out, and we've got people who are certain gold will rise long-term... but there are very few who actually turn all that talk into actual cash.
Let me repeat: on this forum (and honestly, everywhere else), 95% of people bought gold at or near the peak, 2.5% caught the bottom, and maybe 2.5% hit that sweet spot in the middle over the last decade.
Of that 95%, at least a chunk of them are just sitting on losses, praying for a turnaround, while the rest have just swallowed the hit. As for that 2.5% that bought the bottom, most already cashed out ages ago, and those folks in the middle are just lying to themselves saying they haven't lost anything yet and could still make a killing. That's how it works—not just with gold, but with every single way you try to invest.
As for long-term price forecasts... I'm not even going there.🙂

The TL;DR version for all you fundamentalists out there...
According to the CBO's baseline projections for the ten-year outlook, that budget deficit is supposed to plummet from the current 7% of GDP down to just 2.5% in only three years. We’re talking about the $1.15 trillion deficit from 2012 shrinking all the way down to a measly $433 billion by 2015. They're predicting nominal economic growth of 3.1%, 3.5%, and then hitting 5.9%. Apparently, tax revenue is going to skyrocket while spending stays under control. Plus, they claim interest on ten-year Treasuries won't top 3.5% by 2015. And since the Federal Reserve promised to keep things steady, interest on 90-day Treasuries shouldn't climb above 20 bps. Inflation will remain high and the interest component of the consolidated budget will go from $223 billion to a mere $273 billion.

If this actually happens, where the hell is gold gonna be?☕

lonehawk5 said:Just take it easy... you've still got until you hit $1,555 😁 (that's the full amount I'm talking about), and after that... well, we'll see how things play out ☕

One little thing... this level is just support... whatever that means. If it breaks through, it could easily hit 535... but if it actually clears that? I'm not brave enough 😁 to make any kind of call.

Just take it easy... you've still got until you hit $1,555 😁 (that's the full amount I'm talking about), and after that... well, we'll see how things play out ☕

Dennis Myers6 said:Thank God!
Vidin isn't even around right now, and I honestly just totally screwed myself thinking—I guess I figured that big guy... you know... Charles was gone.
The agency basically stripped him bare... some kind of short on that... clock thing or whatever.
That bearded American guy and his whole crew from the streets is just gonna wreck him.
Anyway, take care of yourself... hope this lasts a while.
😍

I'll pop in every now and then... just to see how your little predictions are doing.
What’s the magic number today? $2,000, $5,000, $30,000?...☕

Thanks😉

quiettrucker12 said:It’s always the same story: the crowd buys when things are expensive, never when they're cheap. Every indicator out there—sentiment, COT data, the gold-to-miners ratio, $BPGDM—all point to gold being bottomed out or right at the floor. Realistic scenario? It hits $1570-$1575 and stalls. The other option is a tiny dip, but there isn't much room to drop below that $1555 level from the other day. The only real risk is if it breaks below $1555, which might drag it toward $1523—but even then, big money will likely hunt for stops right around $1523. Whatever this "correction" ends up being, expect a jump toward $1900 shortly after.

lonehawk5, you still waiting for $1530? Still planning on picking up that 20% stake?

Still waiting... though I'm trading the swings in the meantime.
I'm not being super rigid about my entry price... if it looks like the drop is finally over, I'll happily pay a few bucks more to get in.

At what level is the big money actually playing right now?

dustyheron5 said:Of course it’s dipping—no sane investor expects everything to be wrapped in gold or silver... what's your take? 😂

btw gold is at $1,614😍.......it completely wiped those hedge funds out—just like I said they would 😉

Yeah, sure, this 'crazy' growth totally kicked them out of their shoes😁

dustyheron5 said:Just imagine what a gold bubble would actually look like...

http://www.businessinsider.com/ultra...ard-russell-10

You can find absolutely any kind of nonsense online these days😁
If only I had the time to read it all...

lonehawk5 said:I scooped up gold at $580 when everyone else was shitting themselves.😁
Risky move, sure... but hey, us conspiracy theorists know how to play the game.

Well, I’m officially done with gold for now.🙂
It was a total madhouse (last night).. just constant buying, selling, then more buying.. honestly, more intense than anything else I've dealt with.
If luck is on my side, I'm waiting for a dip toward $530...

I scooped up gold at $580 when everyone else was shitting themselves.😁
Risky move, sure... but hey, us conspiracy theorists know how to play the game.

analogharbor44 said:If that’s actually true, then our buddy Charles is part of the cartel too 🙄
Why won't you guys just admit you don't know how to read charts or spot trends? Honestly, I'm not ashamed to say I don't get it. But for you, it's always some massive cartel conspiracy. Even lonehawk5 wrote that gold is heading straight to $1,500+

It’s all one big conspiracy, man. A total conspiracy.🙂🤣

Sean Carter said:They’ve started selling those 1oz gold New York Philharmonic coins here in the US for over $1,300 an ounce. It would be a shame to let 🙂
pass by.

The price is practically a steal😁

Doesn't look good for the bulls... everything's starting to smell like $555... though I guess if someone panics, we might see $1555😁

It’s not like I’m not watching this... whatever happens, happens...☕

analogharbor44 said:You're leaving us at the mercy of all the gold bugs in here 🙂 That's not fair! 🙂

🤣
LOL

lonehawk5 said:Added more gold at $653.45
silver at $29.69

What am I looking for?

My first entries are always small amounts. A follow-up buy might be a bit larger, but once I see things really starting to "stretch," then I’ll go in heavy with a bigger position to smooth out my average entry price. Plus, whatever I make from those mid-run additions just gives me more breathing room... more tolerance for the swings.
I’m expecting to pull in

A move of about $15-$20 on gold
About $1 on silver

Basically... all positions are closed. Silver's at $30.88... gold's at $676.86

No more trades left for me. At the end of the day... account is up +23% over the last two months... playing silver and gold.

Hey everyone. Getting the home trading office ready now...