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.

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Wednesday, September 13, 2017

3X Funds......Gary's weapon of choice for raping newbies

Gary keeps harping on how well certain 3X Funds have done.
First, while that might be true, the results do not immediately extrapolate to another asset class such as Gold shares where volatility is whole degree higher.

Second, timing 3X purchases is very important. Just see what would have happened if you listened to Gary's unambiguous, clear as semen after 10 minutes, call to buy Gold in 2011. How much would you be down?


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