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.
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.


No comments:
Post a Comment