Profition

Just published a new blog post. Gold, silver, Bitcoin and quality stocks. Why I own what I own and the data behind it. Not financial advice, just how I think about money. profition.substack.com/p/in-hard-asse…

Higher bond yields is likely the reason since Gold doesn’t pay interests or dividend, so when US Treasury yields go up. Investors likely move to Government bonds as they feel it more safer.

@fthegurus Another one here.

@Profition I am seeing a lot of similarities between the alt season of 2021 and metals in 2026 on X…. It’s like a Déjà vu

Look at the kind of BS big accounts were posting when silver rallied to $90 a couple of weeks ago 😂 I'm pretty sure this guy lives off engagement farming on X rather than his own investments. #Silver

@fthegurus Reminds me of Cathie Woods that tells people BTC will go to a 800k this year

@Profition He is literally scamming his followers for a few likes.

Sold my position €74,38 instead of waiting to €80. I'm expecting lots of volatility this weekend with Trump :)

Entering WisdomTree Brent Crude Oil at €72.69. US markets closed today for Memorial Day so real price action starts tomorrow. Watching closely. Target €80. Stop €70. Will update.

Hopium is a hell of a drug! See you in Q3-Q4. Be careful with who you follow! 👇

@fthegurus As a commodity trader, these kind of volatility’s is what I like a lot!

🚨Silver update: In overnight trading, silver dropped from $78/oz to $75.5/oz. This is a lesson to not FOMO and have patience. With the Iran situation, these coming weeks we will have EXTREME volatility. A lot of people will get rekted—I hope none of you. Many accounts were already celebrating a 3% move up yesterday… Have your own plan, and buy or sell when the moment comes, not when someone posts something on X! #Silver

Oil is going higher, so Silver is dropping back. Waiting until it drops to lower seventies before I am going to accumulate again.

@BitcOnlys Monero.

What other cryptocurrencies would you buy after BTC?

@GrindeOptions See you soon at $100 again 😅

People were calling for oil to top $150 at peak hysteria and now we’re back in the $90’s.

This is why you should avoid following these kind of people that give you false hopium. It is usually those with tons of followers. Good luck with being exit liquidity!

@stockmom Strait of Hormuz is still closed, mines are not cleared, and yet people are celebrating when Oil goes down below $100 😂

👀🛢️Where are all the Panicans who said oil was going to $150 a barrel now? 🤡

@PrognosticApex Spot on! Great work, and well explained. I fully agree here. I think people on X have an incredibly short memory, so you’ll see lots of “experts” celebrating that oil went down today.

Are you getting shaken out of your oil longs here? Why? I fully expected to test this level as part of a shakeout. I called Friday that it would happen sometime before July "tank bottoms". Should ask yourself a few questions first.... Do we have a deal with Iran? Is the SoH open? Have the mines been cleared? From the day the mines are cleared we have weeks before insurers will touch anything. And from the day the first insurance contract is written we will have weeks before insurance rates normalize. Even if we opened today at normal rates the math is probably 200 days before we refill the gap in the global supply chain from being down a billion barrels. Technically we have a hidden bullish divergence on the daily MACD. (Higher low in price with a lower low in MACD). This is a continuation pattern BTW ... There are folks claiming that since we broke the lower bound of the triangle that the move is over and we are headed to $60 oil. I think you'll find those folks are wrong. Nobody doubts that markets are being manipulated....well you don't get super clean technical charts in a highly manipulated market. Alternative energy charts are still insanely bullish. $ENPH . Oil exploration and small cap US oil is still exceptionally bullish $XOP $PSCE. Agriculture still bullish, $WEAT. Don't base your thesis on a single commodity chart. At the very least, use ratio charts. (Silver/oil has quite a ways to go before full reversion) The best commodity traders will use a large basket of charts to corroborate their thesis. Enjoy your holiday.

Iraq’s oil production collapsed to just 1.39M bpd in April as the Hormuz blockade filled storage tanks and forced widespread well shutdowns. Baghdad is now racing to secure alternative export routes. #Oil #Iraq #EnergySecurity #OOTT oilprice.com/Energy/Crude-O…

Commercial oil inventories are falling rapidly and are expected to continue declining in the coming weeks, according to IEA chief Fatih Birol.

#Silver is holding well. Can we see it make it to $78?

@sunnysh53242856 Based on what? Trump his tweets or?

82.97 will be the next level. After some retracement.

@RealPeterLinder Who are those “long term” investors? 🙄

I still can’t comprehend why many comments from my Friday post that I was in cash were: “I don’t believe in timing the market”, “I am a long term investor”, “oil stocks will hold in a $90 oil price world”, or the long term oil price outlook is bullish, why sell”. All quiet now.

Brent Oil down 5% today sitting at $95 while Hormuz remains closed. No deal. No resolution. Just a market that got ahead of itself on peace hopes. Who bought the dip as well?

@TheApeOfGoldST Guru? Most are just reckless gamblers!

Your “guru” who called for lower #silver prices last week at an OBVIOUS bottom area is no guru, and clearly does not understand the asset he is trying to portray himself as an expert on, just because he does “charting.” I know #Silver well. I have been watching the price action daily for over 7 years. I have seen 1,000+ cycle bottoms and I know its behavior patterns. Last week was the LOAD-UP ZONE for anyone with a brain who understands this sector on a higher level. Those who called for more downside and kept touting how bad it looked simply do not know how to look.