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Richard640 @ 13:33 I Tried To Give A Lot of Thought Before Opening Up A Trading Account Again.

Posted by Farmboy @ 14:04 on May 25, 2017  

I pretty much knew the old days from 1999 -2006 were a ‘one off’. Those were the days I bought PM stocks and sat back fat and lazy and just watched the ‘ten baggers’ roll in. Looking back, it seemed like heaven.

I highly doubted such times would ever come again. At least, not likely too. So I adopted a new str

ategy to, I thought, the times we were now in. Perhaps a poor choice of nomenclature,  but I called it the ‘Merc & Lurk’ Strategy. I was NOT going to simply buy and hold em. I don’t think the times are best for that. I expected wild swings, both up and down, as the PM’s fought against a growing army of paper pushers. I expect that we are going through the final stages of Gold & Silver fighting the final battle against Paper Debt. I thought, and still do, that being flexible might provide the best results. Up, Down, or All Around, my goal was to profit from the coming conflict.

25% in Pm stocks. Hopefully, buy them at sale prices even if not at their bottoms. ( I don’t think the bottoms are in on the miners)

Put those ‘ponies’ as I call em off to the side and follow the 10/20 cross as a guideline when to buy or sell.

The question was how to offset the ups and downs of the miners themselves? In the past I had a commodity account and used Future contracts to offset the stock positions. I also used Call/Put Options on the stocks themselves. They mostly worked, but the amount of research, time, and effort keeping up with it all was a real pain.

So this go around I started testing the waters of the ETF trade. Seemed simple and easy enough to do. And it has worked quite well thus far, for me. A little more effort than I first anticpated, but they are doing exactly what I was hoping. A force multiplier on UP days, and insurance for the account on down days. And a whole lot easier than keeping up with another account, or options.

What I am still experimenting with is what ETF (or ETF) will best suit my purposes. I still am looking at some others and will likely start trading some next week to give me a comparison of result. I will gladly report what, if anything, I discover works best. Win or lose, I promise to let you know. I am not here to try and impress anyone with my ‘Trading skills’. Those at best are laughable anyway. I am happy to share my efforts and experience. I like what I once heard in a AA meeting. ” Its not about saving face, its about saving my ass.”

Its all about finding a way, to grow and prosper in a ‘hostile environment’, where the banksters make the rules. The simpler I can make things, the better are my chances of success. Except for the ‘core holdings’ I do not wait to see what a couple years may bring. I rarely look more than a few days ahead. Hit & Run, stay flexible, try new tactics, explore various options, find out what works for me. Merc & Lurk. Taking on the Bankster Manipulators a day at a time. I get to choice the time and place to make my move. I never was any good at waiting in some hole, waiting for the round with my name on it to find me. LOL Take my chances on the run.

All of you guys and gals have been a great help and most of what I (think) I know, is because of these pages. Thank You.

Maddog, Farmboy

Posted by Buygold @ 13:53 on May 25, 2017  

Yeah, it really is a war and Trump has no chance. The Deep State is intertwined with all the power centers, corporations, banks, media, MIC etc.

That’s probably why they keep the stock market on cruise control higher. If people feel wealthier and happier they are far less apt to fight. I’m betting a lot of those folks in the SM through pensions or whatever were Trump voters.

Depressing

Farmboy, Silverngold

Posted by Buygold @ 13:44 on May 25, 2017  

I’m long past “hip” these days. Investing, chasing has never been something I’m any good at. In fact I’ve always been horrible. If I was trying to do what you are doing I’d already have lost all my money, easily. Just don’t have the mental capacity for it. Envy those who do though.

My best investments have always been in businesses and people. I’m actually pretty close to dumping most of my pm’s and buying a piece of the company my wife works for. Then pm’s will be free to go to the moon.

Silverngold – yeah, I suppose when “they” decide to let pm’s rise is when they’ll finally rise. I’m having a hard time seeing why they’d do that though. When you have the power to print unlimited amounts of fiat, what’s the incentive? PM’s do appear to be an outdated investment at this point in time. Hopefully that will change but it has been a brutal six years of wasted time and money.

Thanks Maddog–I forgot about him…Singapore is a paradise.

Posted by Richard640 @ 13:36 on May 25, 2017  

Buygold–yeah, since 1990, the set it and forget it trade was the stocks indexes

Posted by Richard640 @ 13:33 on May 25, 2017  

Farmboy–

good luck with your trade-I also like JNUG cause for me it’s almost like trading comex gold futures–and if u catch the right move u can make a big casino score

Samb–some very savvy people I know said the same thing as u about waiting for June.

 

Ororeef @ 12:22 I Think I Hear What You Are Saying,

Posted by Farmboy @ 13:33 on May 25, 2017  

what you are calling for, and there is a side of me that agrees. Here is my current Sit Rep on the things going on.

1.) Trump has been politically neutered. With the Demoncrats, Rhino Republicans, and the Media, there is almost zero chance he will be able to push any of his Promised Agenda through the slime filled halls of Washington. Even his Executive Orders are being challenged at every turn by corrupt judges. In a game of chess, they call it ‘Stalemate’. Which is all the Deep State wants until they can hold upcoming Elections again.

2.) Trumps own Team is full of traitors, leakers, and Deep State Operatives. Short of a Major Purge of some sort, his Presidency is a doomed failure.

3.) Perhaps the only option is as you say, to’ Go Duarte’. In which case expect a Declaration of Martial Law as Trump attempts to fight back against a ocean sized swamp. What happens if he goes that far, I don’t dare think about it. It would destroy America. A solution the Deep State would accept before surrendering their evil power. Perhaps even their goal all along?

We are probably closer to a Mad Max scenario that we would like to think. The Four G’s. Gold, Guns, Grub, & God. I am expecting a long, hot, summer. Evil Forces are just getting warmed up.

Re Singapore ….Lee Kuan Yew is yer man

Posted by Maddog @ 13:32 on May 25, 2017  

https://en.wikipedia.org/wiki/Lee_Kuan_Yew

He was that very, very rare beast a benign dictator.

Should u step over the mark, then the Man with the Cane is waiting…and u don’t sit down afterwards !!!!!!

https://en.wikipedia.org/wiki/Caning_in_Singapore

Eeos–I don’t dispute the fact that I am nuts-but what is your solution to our

Posted by Richard640 @ 13:26 on May 25, 2017  

crime ridden and decadent society? More social workers? More Obamas and Sanders and Loretta Lynch’s–more Sob Sisters like Mica & Joe on MSNBC?….Singapore is hardly a Nazi germany with Auschwitz death factories or Stalinist gulags.

yea you’re crazy Richard 640

Posted by eeos @ 13:20 on May 25, 2017  

Have you ever travelled to Singapore? Ever seen someone get canned? Ever spit on a sidewalk? Forget to flush a toilet? Chew gum? Not there you won’t. You sound like some insane dictator. Whatever happened to leaving people alone that you don’t identify with. jeeze

Maddog @ 12:31 There Is A WAR Going On In The USA. Its, Dirty, Its Mean, And Its NASTY.

Posted by Farmboy @ 13:14 on May 25, 2017  

Anything, or Anyone in support of Trump has a target painted on their back, and its lit up with a dozen little red dots. Would not surprise me to see Hannity back away from the fight. And some other good folks before this is over. The Deep State is fighting for its survival, and no dirty deed is off the table. I am not sure most Americans understand the current events. This is NOT politics as usual. This is WAR. Some will give their fortunes, some their lives, before this is over. It is ‘Revolution’, 21st Century style.

It is a time where Lies & Innuendo are the weapons of choice. George Orwell’s 1984 and Animal Farm are now our textbooks for understanding the age.

Ororeef–I heard the Singapore prime minister say that if anyone commits a crime with a

Posted by Richard640 @ 13:12 on May 25, 2017  

gun, it’s an automatic death sentence–this was 15 yrs ago when I heard him–he said the reason for that is:

such a person is considered a TERRORIST ON SOCIETY!!!  So u r correct crime is almost non-existent in Singapore what with caning and jail time for many offenses….and no SOB SISTER media or politicians saying it ain’t right! Just what we need here!

Arms Offences Act

The Arms Offences Act under Singapore law regulates criminal offences dealing with firearms and weapons.[24] Any person who uses or attempts to use arms (Section 4) can face execution, as well as any person who uses or attempts to use arms to commit scheduled offences (Section 4A). These scheduled offences are being a member of an unlawful assembly; rioting; certain offences against the person; abduction or kidnapping; extortion; burglary; robbery; preventing or resisting arrest; vandalism; mischief. Any person who is an accomplice (Section 5) to a person convicted of arms use during a scheduled offence can likewise be executed.

Trafficking in arms (Section 6) is a capital offence in Singapore. Under the Arms Offences Act, trafficking is defined as being in unlawful possession of more than two firearms.

Chief executioner

The chief executioner, Darshan Singh, said that he has executed more than 850 people during his service from 1959 using the phrase: “I am going to send you to a better place than this. God bless you.” This included 18 people on one day, using three ropes at a time. Singh also said that he has hanged seven people within 90 minutes.[15]

Foreign nationals[edit]

The people on death row include foreign nationals, many of whom were convicted of drug-related offences. These inmates come from a diverse range of countries, including United States, Australia, Bangladesh, China, Ghana, India, Indonesia, Malaysia, the Netherlands, Nigeria, Pakistan, the Philippines, Portugal, Sri Lanka, Thailand, and the United Kingdom. Figures released by the Singapore government show that between 1993 and 2003, 36% of those executed were foreigners, including some residents in Singapore (half of Singapore residents are foreigners).[16]

silverngold @ 12:49 Just For The Record,

Posted by Farmboy @ 13:07 on May 25, 2017  

I sleep best when the trading account ends the day in the green. Or, in the case of a hard days work like Maya put in, that nights sleep is probably very close to ‘near death experience’, where I would more than likely sleep through even the ‘Second Coming’. 🙂

FYI, I have chosen my lot so to speak with the trading account. As of last night 9 out of 10 ‘ponies’ in my stable were still in the green from where I bought them. And while JNUG/JDST have done VERY well by me, there have many a day of 5,10,12, even a 20% profit for a days work, I may do a little diversification with the ETF’s. Am looking into an ETF that tracks the prices of Gold and Silver, Vs ties to some mining index. Still 3x leverage, but doubt it provides the gains I currently see with the ‘J’s”. Might be time to, as you say, sit a little tighter in the saddle, take less profit/loss, and settle for something a little easier to track.

Always looking for a ‘work around’, Best to you and the family, Farmboy

Farmboy and Buygold

Posted by silverngold @ 12:49 on May 25, 2017  

It will happen when “THEY” want it to happen…..and most likely when you least expect it to happen.

Just always remember…. good is bad….right is wrong….up is down….

Best to be right, sit tight…..and sleep good each night.  All the best from Silverngold.

Buygold @ 12:01 Maybe We Are Stuck In Old Thinking Patterns ?

Posted by Farmboy @ 12:39 on May 25, 2017  

Perhaps it’s time to trade in my boots for a pair of those 300.00 tennis shoes. And donate my worn bluejeans to Salvation Army and get  a pair of those Yoga pants. Perhaps there is some truth that Gold is just a barbaric relic? I’m starting to feel a little barbaric myself. I can only imagine what Maya feels like today. 🙂

Maybe we need to get ‘Hip’ Buygold? Get with it? Seems there might be a chance to catch that Bitcoin trade after all. There is some competition stirring in the digital world. Would like to see if Maya is going to diversify his digital holdings.

Here comes the ICO, a wild new way for cryptocurrency start-ups to raise money

http://www.cnbc.com/2017/05/25/bitcoin-ico-cryptocurrency-start-up-civic-raising-money-initial-coin-offering.html

Comment: With all the billions pouring into the Markets, billions pouring into ETF’s of all brand and color, billions more into Bitcoin and similar products, its no wonder the miners are having such a hard time gaining ground. Part of the Golden Bull shaking off the remaining few? Or are miners a ‘dead horse’?

 

Maya

Posted by Moggy @ 12:32 on May 25, 2017  

Thank you.  One good turn deserves another:

Image result for pictures of a hawaiian feast

Sean Hannity Takes “Abrupt Vacation” Amid Advertiser Boycott

Posted by Maddog @ 12:31 on May 25, 2017  

http://www.zerohedge.com/news/2017-05-25/sean-hannity-takes-abrupt-vacation-amid-advertiser-boycott

I guess it was that or being Arkancided….Billary strikes again.

Duterte

Posted by Ororeef @ 12:22 on May 25, 2017  

should get the “TRUMP” “PRIZE” for outstanding good Government, Bravery and establishment of morel principals conducive to a more sane way of LIFE.

The proof of its efficacy is Singapore who went through the same process and today its the cleanest country in thew world with the lowest crime rate a model for good Government.

Farmboy – Well said. I’m coming to the same conclusion, way too late

Posted by Buygold @ 12:01 on May 25, 2017  

1.) If it has not happened by now, ( think of all the craziness we have lived through already ), then I doubt it happens in the next 15 years as long as the banksters remain in control. And so far, I see zero signs of that changing. Trump or no Trump.

2.) If by some ‘miracle’ ( read total complete biblical proportion disaster ) the moonshot happens, I dread to think of what our world will be, or look like. Our precious, even the physical may be of little use.

an incident in the black sea that went almost unreported in the u. s.

Posted by treefrog @ 12:00 on May 25, 2017  

https://www.voltairenet.org/article185860.html

 

report of the russian electronic warfare system “khibiny” which is said to be capable of shutting down opponents’ electronics.

this is dated 2014.  i wonder what new stuff has been developed since then.  by them?  by us?

Richard640 @ 11:18 Hanging In With My JNUG

Posted by Farmboy @ 11:53 on May 25, 2017  

I added a little JDST to offset some of the losses from this mornings buy of JNUG. PM’s still going up, dollar rolling over again, I am willing to give JNUG a little more time. Maybe the miners will decide to join the party afterall ???

I am really going to be upset if the miners don’t pull through today. After a week of rain, tomorrow is supposed to be a beautiful sunny day. One of those Friday’s with Gone Fishing written all over it. I guess that is the real reason I ‘pushed’ the JNUG trade this morning. Wanted to pick off some bucks and take tomorrow off. 🙂

It over yet……Go Miners ! Gold is showing you the way home.

Richard 640

Posted by Samb @ 11:34 on May 25, 2017  

Why fight this Int trend? We have now had our bounce into this multi-month downtrend. It’s now 6 days from the peak of the bounce on 5/17 and Jnug and Nugt each have 3 lower lows and 3 lower highs since then.  And of course the reverse is true with Jdst and Dust. For me, the choice is either sit in cash or have the wind at your back with Jdst/Dust.  Edit…And just leave them alone until the bottom, probably at least a month away, at best.

ipso facto @ 11:01 About That ‘Moonshot’ …

Posted by Farmboy @ 11:33 on May 25, 2017  

After 15 years, here are my views:

1.) If it has not happened by now, ( think of all the craziness we have lived through already ), then I doubt it happens in the next 15 years as long as the banksters remain in control. And so far, I see zero signs of that changing. Trump or no Trump.

2.) If by some ‘miracle’ ( read total complete biblical proportion disaster ) the moonshot happens, I dread to think of what our world will be, or look like. Our precious, even the physical may be of little use.

So, my goal is a simple one. Remember I have only two brain cells. It is to make $400.00 a day by ‘trading’. A little less, or little more is ok, and sets a realistic goal for the size of my trading account. I really don’t care if I never live to see the pie in the sky moonshot. A little here, a little there, one day at a time, it adds up at the end of the month. In short, I basically have narrowed my trading ‘strategy’ down to a 50/50 proposition. All I have to try and do is figure do the PM’s go Up or Down Today, and try to ride that daily wave.

I ,am content to leave those with better judgement and skills than I to make fortunes in this rigged system.

And honestly, I battle with myself more than the banksters. Today is a good example, I probably should have waited until tomorrow for the JNUG so its possible I relearn another lesson in ‘patience’ before days end. Still, the trade had some things going for it at the time I placed it, so wont beat myself up to bad over the move. Watching it closely now because I have another ‘test’ coming up, don’t ride a losing trade down. Will see if the miners can turn things around, if not, time to pull the plug.

You are RIGHT, it’s a tough market ! Right about now I’m thinking I should have just opened that coffee shop. 🙂

Aw heck R640

Posted by Buygold @ 11:30 on May 25, 2017  

Why mess with JNUG? Just find yourself some 3x’ DOW or Nascrack vehicle and buy that. They go up everyday, rain or shine!

Or you could short the VIX, that goes down everyday.

FYI–as I write JNUG is falling as gold is rising…I like to buy under these conditions–yesterday JNUG was down 8% while

Posted by Richard640 @ 11:18 on May 25, 2017  

gold was down 1/4 of one % or 3 bucks–those that bought the JNUG bottom at about 15.60 or  70 caught a $2.40 bounce yesterday–I wasn’t among them….sigh! But I THUNK  about it [snort!] and actually cued up the buy order but didn’t pull the trigger…

E tu GM

Posted by ipso facto @ 11:17 on May 25, 2017  

GM Tumbles After Allegations Of Rigging Truck Emissions Tests

General Motors’ stock price is tumbling after reports that the carmaker is accused of putting defeat devices in its trucks to beat emissions tests, becoming the sixth carmaker accused of diesel cheating since 2015, when Volkswagen AG admitted to installing software to bypass pollution rules.

Bloomberg reports that People who own or lease more than 705,000 GM Duramax diesel trucks filed a class-action lawsuit Thursday, claiming GM installed multiple such devices in two models of heavy-duty trucks from 2011 to 2016. The 190-page complaint is littered with more than 80 references to VW, and asserts that the environmental damage caused by each truck could surpass that of the German automaker’s vehicles.

cont. http://www.zerohedge.com/news/2017-05-25/gm-tumbles-after-allegations-rigging-truck-emissions-tests

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.