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The Lunatic Fringe - Trading talk.
- Thread starter Zed
- Start date
...and it was trading at a discount (~1%) yesterday, so you know coming back to value the next day isn't so surprising is it?
It has also spent more time trading at a discount than a premium over the last year or so there is that. -10% at one point.
Considering that the risk is about the same (i.e. mostly in goldbugs heads) then it may well work out to be more than a few measly
basis points. (90 frickin basis points since inception!) basis points.
Sorry mate... you have to trade this thing, it is the less liquid and more volatile fund... which is great for a decent trader.
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Sell BTC buy Gold looks like a good ratio trade to me at the moment.
Yeah, that's a point.
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I noticed. That piece of shit SLV is getting slaughtered now that people know what garbage it is. LMAO
Sorry to all the assholes that suck on JP Morgues ballz. Maybe they'll change the prospectus again tomorrow in the middle of the night without telling anyone and change it to stacking rancid pineapples. You never now with those felons. Then when there scams inevitably blow up in their faces again, they can have the politicians they own bail them out again with YOUR money.
If you don't own it! ...it's cuz Jamie Demon stole it.
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Hardly, it's tracking silver. Which PSLV would be doing if it where not for the kids.
PSLV basically spent 2017 to 2020 BELOW net asset value, so yey for that.
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Right, really I mean who cares if SLV has very slightly outperformed. It's worth it for my fees to go to Sprott and not JPM.
There is no evidence of that, in fact the data says PSLV is a bigger risk.
Yeah I know you've convinced yourself that there is no metal, but Christ man even Ted Butler doesn't believe that?! So real world risk... I'd say same, same.
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It's suppressing silver. Oh wait, I forgot you need Jamie to come over to your house before you'll recognize that criminals literally busted rigging PM markets are rigging PM markets. hahaha
Guilty as charged. I am absolutely biased against criminal banksters. How TF anyone can invest with a trading desk repeatedly busted rigging the PM markets. "It's just a trading position!" "It's tracking silver!" "You can't prove nuffin!" Any excuse to buy crap peddled by crooks.
My favorite is "they're hedging their physical with a mountain of paper shorts...because they don't want the shares to outrun silver".
GOLD!
You are mentally weak and prove it when you avoid the meat of an argument and start playing the man.
You are adding nothing to this thread. Please leave.
@Scorpio
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guys, knock it off,
I purposefully don't post in this thread to keep me out of it,
don't drag me into it,
I want to hear others opinions, but me and others certainly aren't up for constant shit fights over nothing,
I purposefully don't post in this thread to keep me out of it,
don't drag me into it,
I want to hear others opinions, but me and others certainly aren't up for constant shit fights over nothing,
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I've repeatedly asked you who's shorting all the silver...you ignore it. I've asked you to attempt to explain the midnight prospectus changes to SLV and SIVR...crickets. All you say is JPM isn't black rock and JPM is somehow separate from SLV...which is lulzy. Even while you acknowledge they stomp all over commodity position regulations. It really is amusing to listen to you justify your love affair with these crooked banksters.
Oh well, I guess you're telling on me now.
I know, I know...it can't possibly be JP Morgan shorting metals into the ground...they only spoof commodities...and only have massive shorts due to "doing the gumbymint a favor by taking on Bear's positions...THIRTEEN YEARS AGO."
Oh well, I guess you're telling on me now.
I know, I know...it can't possibly be JP Morgan shorting metals into the ground...they only spoof commodities...and only have massive shorts due to "doing the gumbymint a favor by taking on Bear's positions...THIRTEEN YEARS AGO."
He has been asked a few times.
The bottom line is that nobody knows for sure. We will only find out when the tide goes out. Hopefully sooner than later.
All boats end up on the shore when the tide goes out, even hand held physical can be made difficult to deal in if they so desire.
Spread your risk.
More and more porn being posted by the kids...
Felix Zulauf -> Gold is dead money for 2020 but it is setting up for a great 2021.
Gold Daily - I really think that we are within days of a low.
If we were to repeat the 2008 blood bath it MIGHT look like this...
I don't think this is the same.
It's all BS according to Elon... save for TSLA!
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Ethereum is over leveraged right now.
Screw it, let's just change the site name to DogeIsMoney.com
I'm wondering if I am just too old school. Gold has let us down a bit over the past eight months. Should be coming to an end soon but ??!
GIM might be gone by then.
I would expect no less.
It's probably the most bullish thing that could happen.
I wonder what he is thinking about silver re TSLA.
He would not want to be competing with stackers to build cars.
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Yeah, in a bittersweet sort of way, I guess. Despite arguments from your newest heckler, I mean poster, I've learned a lot here about believing in fundamentals, and using decent TA to try to leverage that belief. Although at this point in the game I am a bonafide gold bug, I do watch for that day s/p moonshot, when it makes sense to exit, at least partially, the arena, in favor of some other asset which has been overly beat down and despised.
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Is this version of GIM shutting down too?
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Idk. I think@Zed has a better idea of what is up. I know Scorpio is ready to hang things up. I don't know if anyone has stepped in to fill the void.
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global finance is completely unhinged
disruptive tech will be where 100x gains will be made: fintech, AI, automation, EV's, genomics, renewable energy - but right now things look way overextended _ I'm rotating some of my profits into safer havens
non-correlated assets GOOD
physical assets with no counterpart risk are GOOD
JMO
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I was just making a joke about changing site name to DogeIsMoney.com
It's not even April Fool's day.
Maybe, it may get handed over to a new person 1/4/2021. 4/1 for you lot. IDK yet, nobody does.
Not that I have heard yet. Talks are happening, that's about it for now.