Reply to How long with the gold run go?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Higher. $6,000 an ounce. Maybe higher depending on continued volatility.[/quote]

OP here. It cannot keep going higher and higher. It is not like a growth company. Do you bail out once it hits a certain target? Sounds like a lot of capital gains tax at that point. What is a good strategy?[/quote]

The "good strategy" is 1) stay away from commodities, which most people don't understand to begin with and which underperform equities over the long-term, and 2) don't buy any non-diversified asset unless you're happy taking on lots of risk.  Gold is a singular asset, and is inherently not "diversified".  If you want to speculate, you can buy lottery tickets or go to Vegas.  If you want to actually invest, learn how - buying gold is not the way.  [/quote]

I’m happy taking risk. The dollar is toast. I’m going to continue buying gold miner ETFs which are still undervalued still and bullion. I predict a US market crash soon. Countries are dumping our debt and we are losing reserve currency status slowly but surely. You do you, but my profits are great. Honestly, I feel bad for you if you continue to buy overpriced US tech stocks or whatever right at their peak but again you sound like a wise fellow so keep going.[/quote]

I buy IAUM. Which gold miner ETF?[/quote]

IAUM is great, but the way gold is appreciating I am buying 2x or 3x leveraged products to capitalize on its rapid rise. We will probably have big selloffs as investors take profits, but ultimately gold will rise in 2026.

My go to things for unleveraged exposure to profit short term on precious metals bullion and miners are GLTR, GDJX, SILJ, SILV

leveraged 2x: AGQ, UGL, DGP, JNUG, NUGT., I like these because while I have made a ton with 3x….if a 3x has a bad day holy sht the drop in value can be swift. Not so as much with 2x when it’s on a sustained upward trend like these.

GDXU is 3x.

I am going to dump all the tickers I use:

GBUG, GDX, agq, dgp, gdxj, gltr, jnug, nugt, setm, shld, silj, Silv, slvp, sppp, shny, ugl, icop, cpxr,

You can throw in all these tickers to chatgpt and ask it give you performance over 10, 20, 30, 55 days etc.

I wonder what the yen stuff holds for precious metals. Anyway, I’m still buying. Not for too long but short term yes. Obviously I don’t believe gold will meteorically rise for 5 years.
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