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Unsustainable Rallies
Records on top of records on top of records.
Many (most?) advanced economy bourses remained closed
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I’m reading this after modeling my collars, diagonal and shares liquidations in GLD and SLV. These are up like meme stonks for my book at this point. I’m not a diamond hands. The CME generally raises margins on futures on Fridays after the close. Even if that’s not tonight, I’m taking my marbles and going home. But the big question remains. Once you liquidate, where’s the store of value now?
World Liberty Financial
Idk, the tides are turning against Trump.
Payday loans?
I bought silver back in 2005 for around $7.50 an ounce. In the twenty-years since then it is now up about 10x. (By comparison, Amazon stock is up about 60x since then!) I honestly think I would have made more money with a savings account. Despite its big year, silver is a dog, and long-term “silver bugs” are about as untethered as investors come.