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Posted

buy gold (or silver) v. sell s&p

 

this extremely long awaited trade has just kicked in and it's very early

Posted
7 minutes ago, goose said:

buy gold (or silver) v. sell s&p

 

this extremely long awaited trade has just kicked in and it's very early

Gold, silver, btc, stocks everything will go down in my opinion. Infact when I see charts, gold looks like will go down to 1700-1800 usd per ounce till year 2028-2032. It will be a long drawn bear market according to my reading. I am thinking Sitting on sidelines for about 6 months ...

 

Not an investment adviser, do your due diligence.

Posted
Just now, randomGuy said:

Gold, silver, btc, stocks everything will go down in my opinion. Infact when I see charts, gold looks like will go down to 1700-1800 usd per ounce till year 2028-2032. It will be a long drawn bear market according to my reading. I am thinking Sitting on sidelines for about 6 months ...

 

Not an investment adviser, do your due diligence.

I am only worried about my RSU's .. 2 more years at last years price, I could have retired :( 

Posted
3 minutes ago, randomGuy said:

Gold, silver, btc, stocks everything will go down in my opinion. Infact when I see charts, gold looks like will go down to 1700-1800 usd per ounce till year 2028-2032. It will be a long drawn bear market according to my reading. I am thinking Sitting on sidelines for about 6 months ...

 

Not an investment adviser, do your due diligence.

 

your forecast and mine can both be true. i merely say gold will outperform s&p

Posted
14 minutes ago, goose said:

buy gold (or silver) v. sell s&p

 

this extremely long awaited trade has just kicked in and it's very early

Silver ETF's have not moved much in the last 6 months ... 

Posted
1 minute ago, diga said:

Silver ETF's have not moved much in the last 6 months ... 

 

narrow price consolidations often precede big moves! anyway, i am not at all saying buy silver, i am saying buy silver AND sell s&p in equal $ size. DYOR!

Posted
Just now, goose said:

 

narrow price consolidations often precede big moves! anyway, i am not at all saying buy silver, i am saying buy silver AND sell s&p in equal $ size. DYOR!


Even better - buy SQQQ - 3X leverage Nasdaq 100 short ETF. 

Posted (edited)
7 minutes ago, goose said:

 

your forecast and mine can both be true. i merely say gold will outperform s&p

There also I beg to disagree. Gold has competition in btc etc. plus a lot of it is mined each year (so supply isn't restricted) all inclusive mining cost is 50-60% of current market price. And indian consumer can't afford to buy as much at CMP.

 

M3 money, GDP etc. won't grow, demographic issues. Govts will print Money only to prevent defaults , not to grow GDP or M3 money.

 

Just about everything is bad right now.

Edited by randomGuy
Posted
1 minute ago, rangeelaraja said:


Even better - buy SQQQ - 3X leverage Nasdaq 100 short ETF. 

 

my heart hurts just reading it

Posted
Just now, randomGuy said:

There also I beg to disagree. Gold has competition in btc etc. plus a lot of it is mined each year (so supply isn't restricted) all inclusive mining cost is 50-60% of current market price. And indian consumer can't afford to buy as much as CMP.

 

M3 money, GDP etc. won't grow, demographic issues. Govts will print Money only to prevent defaults , not to grow GDP or M3 money.

 

Just about everything is bad right now.


In the US - as a standard rule - the stock market always goes up barring a shortish correction phase. 

So much 401K retirement money is tied to the stock market - that the whole system including market makers and Fed QE activities pump up the market. 
 

When the Fed gets involved in QE - nothing else even matters. The stock prices went through the roof in Covid, during wars…. Yoh name it. 
 

This is the correction phase maybe a big one  - but it will bring generational buying opportunities. 

Posted
4 minutes ago, randomGuy said:

There also I beg to disagree. Gold has competition in btc etc. plus a lot of it is mined each year (so supply isn't restricted) all inclusive mining cost is 50-60% of current market price. And indian consumer can't afford to buy as much at CMP.

 

M3 money, GDP etc. won't grow, demographic issues. Govts will print Money only to prevent defaults , not to grow GDP or M3 money.

 

Just about everything is bad right now.

 

i only read charts! anyway gold is $2918 and s&p is $5566 - let's check in a year's time!

Posted
11 minutes ago, diga said:

listed semicon player in analog space.. not big though :)


gotcha, HQ in Massachusetts. I meet someone here quite frequently for professional fraternity events. :smiley:

Posted

US stocks lost 4 trillion USD. Its comparable to GDP of Japan or Germany or India. So Americans can withhold that level of shock. Point is can rest of world (specially Canada EU) afford this reciprocal tarriff war. I see great opportunity for India. If our bilteral trade can jusmp to $500 billion by 2030 as Trump promised us.

 

In another news.Green Land have voted for independence

Panama is out of BRI and think control went to BlackRock

 

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