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The Lunatic Fringe - Trading talk.
- Thread starter Zed
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...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.
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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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.
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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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!
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!
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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."
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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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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
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