Fun fact for you stock junkies: gold does best in the month of January. I bet you didn’t know that. Good thing Exodus is armed with a seasonality engine. More than seasonality, bitcoiners have taken aim at Gold, declaring it to be a stupid asset class that should be replaced by them — the Digital Nerds.
Now with Bitcoin in shambles, totally ruined, the revenge of the gold bugs is at hand. As such, in my discretionary account, I bought some JNUG.
Also, I sold out of my quant portfolio today and only kept GLD, which is a 10% weighting after today’s additional purchase. All in all, my quantitative strategy was a magnamimous success in 2017. For 2018, I will adjust the portfolios once per month and then eventually once per quarter, in order to best align with reasonable churn rates.
I have a few irons in the fire today, dealing with COMPLETE AND UTTER BULLSHIT. Other than that, I’m in a good mood. I try to keep myself in a positive state of mind — because brooding and turning savage comes so natural to me. There’s nothing more detestable than spending my days inside shopping malls buying inane shit. Alas, this is America and Coca-Cola invented Santa Claus in order to truly destroy this country. The only redeemable thing about Xmas is the music, decorations, and the joy of seeing your kids appreciate their presents. However, when they do not appreciate their presents, why, sometimes I wish Krampus would take them away for a brief stroll.
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Thanks for $NXTD. All the way out. Appears the crypto excitement is over.
It’s unfortunate that all these paper gold ETF’s, GLD’s, etc. are all fraudulent; directional bets settled in fiat, not delivery, in best case scenarios.
https://tinyurl.com/y8qvu4aq
As far as junior miners go, $GFI has a nice chart and a decent volume profile above. $KL looking for lifetime highs.