Disclaimer

I will not be responsible for any material that is found on this site or at the end of links that I may post on this blog site. Mistakes may happen from time to time. URLS and domains may change hands. If you need financial advice or someone to hold your hand while you make the trade, please find another site.

Because the information on this blog are based on my personal opinion and gosh I am so fucking opinionated, it should NOT be considered professional financial investment advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional, preferably both and in that order. My thoughts and opinions will also change from time to time as I learn and accumulate more knowledge,or my meds wear out, or my post coital euphoria passes.

Feel free to comment on my ideas or ask questions in the comments section for the blog entries. Please remember that this is a blog, and you do not need to agree with everything or anything I write (except I am very needy when it comes to my looks...so you have to say nice things). I reserve the right to delete any comment for any reason (abusive, profane, rude, etc.) so please keep the comments polite, unless you are criticising Gold Bugs...in which case go wild....doggie style.

This site is also dedicated to preventing small traders from having their accounts go supernova by listening to Gary Savage. To read more about him, please browse through the posts and also see http://smartmoneytrackerpremium-exposed.com/


Wednesday, November 30, 2016

Please Sir, May I have another?

So this post is the first question and my main thought on the subject. It is an expansion of a comment I posted.
The mantra of everyone that speaks on King World News is that Gold is manipulated lower. The price should be several fold (several percent....you really cannot get all of these people to agree) higher. Thinking rationally one can reach two conclusions from that if one believes it .
1) Thanks for making it cheaper….can you please manipulate my hooker costs in New York next?

2) I will not trade it where the Powers that be have obviously been successfully manipulating it forever.
How the Fuck do you go from “This shit is heavily manipulated to the downside and I am fighting all the central banks together” to “Let me leverage my ass by buying a 3X leveraged etf, where the underlying itself (gold stocks) is leveraged 3X to the price of Gold because I am a freaking glutton for punishment. I will take 900% leverage to the price of Gold because I am hoping against hope that my tiny purchase of 5 ounces of Gold and 300 shares of NUGT will break the Central Banks. ”
This I need to understand. Please explain your masochism.  I know very few people read this blog at present, so please spread the word. I would like to specially hear from the ones that have shrines dedicated to Gold and have set KingWorldNews.com as their home page.

9 comments:

  1. Please remember that I do not sell a subscription and I do not write this blog for my living.

    ReplyDelete
  2. This site now bookmarked. Thanks.

    ReplyDelete
    Replies
    1. Dude this is a Ponzi scheme....well kinda....It does not work unless you get 3 other people here and preferably one of them should have Bernanke's picture on a dart board.

      Delete
  3. Gary (Toby)is throwing the towel today.
    It may be (just maybe) gold bottom near..
    But people who bought 3X etfs may never recover their losses.

    Those letter writers should never be qualified to collect money from subs if they recommended leveraged etfs, imho.

    ReplyDelete
    Replies
    1. Oh so you are aware of the Toby-Gary Connection. I found it interesting how he deleted that very comment last night after I posted it in response to someone who suggested I use my real name.

      Delete
  4. I found out based on your comments. It was so funny LOL.

    ReplyDelete
  5. Not sure I qualify for "bug" status as I don't have a shrine; but I did experience mild chest pain while viewing this video.

    https://www.youtube.com/watch?v=RcxBfdyF7YY

    ReplyDelete