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Reply to "I told you to buy gold months ago"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]leveraged funds are the easiest way to lose everything super fast. Just go to the casino if you are this degenerate. All the 2x/3x funds perform horribly even if you were "right" about the trend. [/quote] Whatever! We gonna see. I’m only buying 2x leverage ones, so the decay isn’t bad. Plus we are on this huge upward trend and I wanna get paid! You can stick with boring azz VOO and watch it crash soon. I’m gonna lay it on the line with AGQ for another month or so, then sell that, but go my DGP and UGl going for 5 months more. They are fking killing it!!!! Why would precious metals stop soon. Have we have a time like now in modern history with so much uncertainty. Everyone is rushing to precious metals because it’s the only thing that beats inflation and you can rely on. Not fking NVIDIA or whatever. You think we are going to have a financial crash soon? Look at the insanity. Read a fking newspaper. Gold ETFs are the only logical bet. And silver for a while, too. We are living in the craziest period since WW2 ended and you fking know it too.[/quote] Hmm. The Vietnam War, American leaders getting assassinated left and right, mass protests and riots in the 60s. Stagflation and lines at gas stations in the 70s. 9/11 mass terrorist attack on American soil and the ensuing twenty years of war in the Middle East. World wide financial crisis in 2008. Worldwide pandemic and Trump first term. Let me give you a hint - the period we live in is as crazy as any other period since WW2, you’re just too close to this period to see the forest through the trees. We’ll weather this storm and boring old S&P index funds will march on over the long term with sometimes large dips in the short term. [/quote] You really have no idea what’s going on, do you? I guess being an ostrich is comfortable for you.[/quote] No - I don’t. And you don’t either. It’s why I invest in passive index funds instead of esoteric investment vehicles and precious metals. [/quote]
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