Friday, January 30, 2026

Biggest loss in a day

Down over 100K last night.  Its the largest dollar (not percentage) loss I've ever had.


Mostly from metals: 34K from gold, 22K from silver, 15K from Platinum/Palladium, 8K from copper.

Silver down 28% looks like forced liquidation due to margin changes.

Part of this game is learning to deal with the volatility.

I'm still up over 200K this month.

Short term, I think theres a 40% chance that the metals and stock markets go down on Monday (more margin calls), and a 60% chance they bounce.  VIX is still below 20.

Long term, I am still bullish for 2027:

  • Will hold my gold, as I'm expecting the bull market to continue.  Maybe after a few months of consolidation.  GVZ dropped a little yesterday but is still in the 40s, it needs to go into the 20s.
  • Still buying copper.
  • Look to sell my silver in the $100-$200 range.

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