Posts by brisksurfer6
8 posts shown.
When I’m talking about the gold-bug crowd, my go-to is the highly reliable PSCI—what we call the discretionary capital market indicator.
PSCI stands for the Peter Schiff clown indicator. Look, I didn't cook this one up myself, but lately, it’s been gaining some serious traction among the "smart money" circles.
hahhaha... look, the light's gonna turn 😛
My logic here is pretty simple: the gold bugs are going to get stripped completely bare, and then the vultures will swoop in to pick what's left over 😁
I honestly feel a little bad for silver, though. It’s sitting at such a bargain price right now, but hey, it can always go even lower 🤷
In principle, things could go even lower. The real question is just how and when that happens. Since I’m playing with 4x leveraged short ETFs, any delay in the crash is basically just burning my cash. For now, I’m sitting tight waiting for the 1000-1100 range before making my move. If the market decides to rally instead? Well, good grief, I’ll just cut my losses and get out—it'll feel even sweeter once I'm back on top. 😁
Going short on gold (see above) was both a brilliant financial move and a total win for my conscience 😁
Feeling pretty damn good about this short position 😁
What on earth does that have to do with the price of gold?
Yeah, I shorted this one 😁