Anonymous wrote:Anonymous wrote:Anonymous wrote:There’s always someone shilling gold every week since 20 years ago when I first started investing. This is like when the market finally crashes after 500 perma bears are wrong about the timing and then the one who got lucky thinks he’s a genius
No offense, but are you some home maker that doesn’t read a mixture of finance news from wall, nytimes, wsj, etc about global trends, inflation, job conditions, general macro and micro economic trends? If so, you probably wouldn’t understand why precious metals like gold are rising. That’s okay, but it’s not because people are seeing G fking Gordon Liddy commercials on Fox and deciding they should buy a krugerrand. There’s some pretty big international developments underway which are influencing prices. This is DCUM and not a real finance forum, so I guess that tracks.
I logged onto DCUM just now specifically to see what people are saying about silver and gold news, and surprised to see how little is here. Did the AI Asian Guy reach your YT as well? I'm ignoring him but he's persistently popping up all over the place.
I bought most of mine in 2021-2024, amazed at the price of the collection now and still adding to it. Currently my favorites are pre-1921 Morgan dollars and Constitutional silver. Pretty bummed out I didn't focus on these in the past years. Post-October 2025 was my first time learning about Mercuries, Walking Liberties, Barbers. I'm enjoying building a pirate's stash. And my son and I have a competition to see who has the oldest coin in the bunch, then we look up a bit of history about that year.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
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.
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.
Anonymous wrote:Anonymous wrote: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.
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.
Anonymous wrote:What are you preferred precious metals ETFs?
Anonymous wrote:With all the genius on display here, it's remarkable that anyone has time to post their sage advice. I'd have thought5 they'd be too busy counting and spending the vast wealth they have accumulated by following their own insightful secrets to rapid riches.
Anonymous wrote: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.
Anonymous wrote:Anonymous wrote:OP, what is a double leveraged ETFs? And how are they different from IAUM for example? Just here to learn...relative newbie and I find this forum fascinating.
Given the current environment with the fed, PE and QE, I'd pivot to precious metals (slam dunk) and then levered funds 4x after things cool off and are about to heat up again. Rinse and repeat.
Anonymous wrote:OP, what is a double leveraged ETFs? And how are they different from IAUM for example? Just here to learn...relative newbie and I find this forum fascinating.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'll stick to my Magnificent Seven (minus Tesla), thank you, OP.
That’s a failing strategy. You want ETFs like AGQ, GLTR, CEF and SPPP right now. Inflation is still on the table contrary to whatever bullsht you’re reading. The whole world is also realigning. Anyone saying “VOO and chill!!!” as if it’s just business as usual, and that strategy will pay off, and we aren’t undergoing a fundamental reshift of the world order is a poorly informed fking idiot.
Buy gold. Wait like 8 months. Sell at the zenith. Hold the money until a crash. And ultimately sell the proceeds into things like global equities, tech and semiconductors when they have crashed. You think this fking ai bubble will last forever? You think PPI and CPI and all this stuff is going great? No. Precious metals are the play for the next few months. There are other reasons but I don’t want to get into a two hour conversation on geopolitics and critical minerals and tons of sht you wouldn’t understand because this is a forum for housewives who probably don’t see beyond S&P index funds. We are in a time of profound shifts unlike any other since WW2. You need the safety of gold. Listen to me. Or hate money. It’s up to you.
No. I handpick my stocks and I buy to hold. I don't do short-term trading. I don't buy anything other than stocks. So far, I've made 20M. YMMV. It takes all kinds. Etc.
Separately, I'm amused at all your assumptions about me. Enjoy your trading life.
Anonymous wrote:OP, what is a double leveraged ETFs? And how are they different from IAUM for example? Just here to learn...relative newbie and I find this forum fascinating.