Thursday, August 20, 2026

Finished buying the dip

Finished buying the dip in the last 2 nights.

Last night I was really lucky to buy 3% gold stocks before market open, just before Bessent's news that he would buy 30 year bonds.  I bought because it was in the middle of Hedgeye's risk range- which is about the best opportunity you can get in a strong trend, the gold price was inching up, and FOMO:

Its overbought now, after the good news.  I should probably sell some, but its been so hard building a position that I wont.

Now 100% invested.  No cash.  No shorts.

I'm now a pig.  This bull market could last 1 or 2 quarters.  Lets see how it goes.

1 comment:

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