Reply to I told you to buy gold months ago

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

And that’s great. Your S&P index funds are going to crash in the near future while my gold, silver and platinum ETFs stay high as safe havens against uncertainty (continued dollar devaluation, tech need for raw materials, inflation, etc). And once I am sufficiently satisfied, I will sell them and go and buy up a ton of both international and domestic index funds. My point being these precious metals are great investments right now, even at elevated prices. Miners ETFs even more so because they’re undervalued. I think the underlying insanity here is that you’re so cocksure this is just a normal time in history, similar to previous examples. This ain’t. There are fundamental shifts occurring in geopolitical stability and you probably just want Fox and can’t understand or are siloed off from reality. I’m sad you aren’t able to critically reason from a high level.[/quote]

I’m liberal and don’t watch Fox.  You are just nuts.  It doesn’t matter if we go through another financial crisis. I won’t sell and the market will recover and later reach new highs.  And I’ll continue to dollar cost average through the downturn and upswing.  [/quote]

You are not a "liberal" or if you are you are not well informed.

While I am not that poster this line in their post is correct " think the underlying insanity here is that you’re so cocksure this is just a normal time in history"

Key words "normal time in history"

A liberal would know the $ is going away. Trump is an idiot the market will not recover after 2026 and living in a dictatorship run by a criminal traitor is not going to work out financially for any Americans but the tippy top of the 1% of Trumps sycophants.

[/quote]
NP. Since you can apparently predict the future, by how much have you beaten the us stock market and over what period of time?[/quote]

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