MARKETS,Anybody even yet?

[dinghy]

Today's session was a 75-minute movie stretched out to 6 and a half hours.

[olds442jetaway]

Just on a whim and because it’s a local company, ( some research too ) bought 1,000 shares of SACH. 1.09. 18 percent dividend. Hope it state where it is. I’ll take the 200 bucks a year if it does. Otherwise it’s tax loss time. .

[dinghy]

Yes, Bitcoin has gone vertical in the last very little while.

Vertical in both directions:



That was nearly a 5% round-trip within 12 hours.

[wildman49]

Bitcoin, gold,silver back in free fall this AM not a good sign. I expect a big sell off in the market on the rate cut next week. Bonds and ETFs that short (SQQQ/SDS/SDOW) look like the up coming trades.

[dinghy]

I missed the TLT opportunity, but how can I not love gold miners at 20% off ?

Just added GDX at 69.91 and 69.83. PAAS at 33.55. And SBSW at 9.85 and 9.81.

My best buys yesterday were GDX 72.27, PAAS 34.93, and SBSW 10.13.

[dinghy]

I should note that my purchase sizes are somewhat small, especially in pre-market where I have to contend with wider spreads.

So I have much, much more work to do mashing the buy button.

I see unsubstantiated rumors that Argentina is liquidating its gold. The spot price is now at risk of losing the $4000 level, which would possibly inspire further panic.

[wildman49]

I hear the Gold buy is near 3500 if it gets there.

[dinghy]

I hear the Gold buy is near 3500 if it gets there.

Can we do it before Thanksgiving if possible? That would give me clearance to harvest tax losses for Christmas.

Selloff is losing momentum into the open. Silver is now green.

[dinghy]

Farewell, buying opportunity!