Gold Vautrnse.🟡

Absolute disaster. Silver down -9.4%. Gold down 4.4%. Personally I will need to sell several $ million of HL at a loss in order not to get a margin call. I'll be lucky if I'm down to only $5 million in equity today. I started this venture December 2024 with $1.2 million equity so it isn't catastrophic even though it feels that way right now. For those who started following me especially after my posted tweet, this is an excellent lesson where greed has blown apart a good idea. All great investors develop a plan and stick to it. My deviation was to go above my margin limit. Then when things went south I let the margin stay too high thinking the silver price would rebound. I should have sold HL shares at a loss and rebalanced. Instead I will be selling the shares at a much larger loss today. I'm not going to be ending my journaling on X. I will continue to post my progress despite the pain. The heavy use of margin was not the problem, it was my misapplication of my own strategy.