A lot of people are trying to troll me for being 70% cash going into today, as if I did something wrong.
Nobody saw this peace headline nonsense coming yesterday, that’s just facts.
Let me remind you of my results over the last 12 months.
I can redeploy cash however I want today and be 0% cash within five minutes if needed. What matters is the result after 12 months, not missing one random headline-driven day during extreme volatility.
Tomorrow is likely going to be the day you TAKE PROFITS and RUN.
I don’t think this “ceasefire” will be kept up for the whole duration.
Someone will likely cave and start launching missiles.
Don’t fall for this.
Recently, more reports are surfacing indicating gold’s looming doom... nonsense
- Gold plunged in the 80s because Volcker pushed rates to 20%
- Back then, debt-to-GDP was at ~30%
- With debt-to-GDP at ~120%, the US can’t afford it
This is the time to accumulate gold... not sell it
@Tablesalt13 Nothing like playing Russian roulette with Canada’s economy.
China could never be a substitute for the amount of trade we do with America.
Fucking liberals think pissing off America by trading with its adversary is a good idea.
This is not going to end well
🚨HOLY F'K
Canadian foreign affairs Minister Champagne and Bank of Canada Governor Tiff Macklem are in China
and they just SIGNED a "global financial governance agreement" with the Chinese Communist Party!
Document in comments.