Gold Takes a Breather — Stocks Perhaps Might, Dare I Say, Drop Today

Gold is barely up and silver is lower by 1.5%, reversing another 6% gain last night, amidst the panic of DOLLAR COLLAPSE. You have to understand, this is a long term play. We are not talking about the up-ending of a small shitty country in the Pacific. We are talking about the largest empire in the world imploding on itself. No one can beat us, so we beat ourselves. This is how the world has always worked and will continue to operate until the planet explodes.

The dollar narrative is a stupid one, but rooted in strength. Whether it be military or economic, America has always exerted strength — until now. We export weakness, due to a sloppy and toxic culture of spoiled and entitled brats. All of this of course is unsustainable — but I’d be lying if I knew for sure and when we would COLLAPSE. Ultimately, we’re all just pissing in the wind. The long term trades are cocktail talk and very rarely should be acted upon. I trade what I see, when I see it. Most of my trades are long America. My only long term idea/hedge is ethereum.

It looks like my vacation affected by trading and now stare at JNUG reversed lower from a high of $182 last night. I had a 20% gain and now those gains are dissipating. The way gold works is staccato like moves higher, followed by large cliff jumps to wreck new money and hot money into the space. I might end up losing money on it before it’s all said and done.

Before I check out, I might take on a position or two in a trading stock, although I probably shouldn’t since I’ll be out for most of the session.

I visited Biltmore Mansion today and was thoroughly unimpressed. I had become infatuated with Richard Morris Hunt architecture years back and have seen all of his Newport, RI masterpieces. Before visiting Biltmore, I read a book about the house, how it was built and why, and was really looking forward to it. Now if you have never seen the other Vanderbilt houses, you’d think the Biltmore was fucking outrageous. Truth is, George Vanderbilt was a larping faggot and really didn’t have a lot of money and it showed. The exterior and the grounds of the house are second to none — but the interior is MEH.

Before I visited that edge lord castle, I made two trades — one in NKLAW (which is still open) and MNOV, using Stocklabs new volume surge analyzer tool (VSA). I will explain what it does in a second — but first let me tell you what happened.

I bought it at $8.20 based solely on the signal and sold it while inside of the Biltmore Mansion at $12.78 for a 55% day trade. You cannot fuck with me.

The VSA pro-rates volume over different time frames. I had TR3WAY (my german programmer) rig up a tool that measured volume on a 1, 5, 15, and 30min scale. I then took that 5m scale and searched for 25% spike, coupled with 5%+ price spike, and 30d volume delta spike (another SL tool) of +25%. The result was MNOV sticking out like a sore thumb — because volume and price and % near session highs (another SL took) was all lighting up.

Truthfully, before I talk shit, I need to play with this tool some more. Needless to say, my entire mountain vacation has been paid for and I’m still holding JNUG — because fuck the dollar and everything it represents. I am a true revolutionary and do not enjoy either party, and would prefer to see it all burn the fuck down.

Admittedly, that title is click-bait as fuck. Being that I don’t run ads on iBC, ask me if I give a fuck. The dollar index is down 0.75% today. You do not see that very often. At the same time, palladium, platinum, and gold are all up around 2%. Silver is the real winner, up nearly 7%. No idea what the fuck is going on there.

I do know, however, my Ethereum is higher, tremendously, to $325. I simply buy some every month like paying a bill.

Futures are higher too, +88 NASDAQS. If you recall to the days when the dollar was trash, stocks traded up, as well as anything priced in dollars, such as oil. Also, foreign exporters did very well — getting paid in foreign currencies and reporting earnings in dollars. Once upon a time here, there was a dollar is trash trade and I suspect, or at least I hope, the days of the $100 tomato are coming back.

I have a long day planned ahead and will not be able to trade. I step into today with old man dividend stocks and JNUG — which is sharply higher. Part of me wants to book the 20 point profit; but there is another side of me that is restlessly greedy.

Today I hiked up Chimney Rock, with kids and the dogs, and felt like my legs were going to fall off. The life of a blogger and COVID-19 quarantined style isn’t exactly conducive with activity. These past 6 months have been ruinous for my fitness plans, as I’ve done not much other than walk a little here and a little there. Don’t you dare call me a barrel ass. I just have higher standards than you.

The news tonight is more Fed and Treasury Mnuchin money, free money, about to dump into the general economy. All of the poor protesters will be provided with more funds to continue their riots, uninterrupted by the pangs of actual labor. America is quickly racing towards communism, which is good news for the total destruction of the dollar. People without money would prefer this to happen, since it would collapse everything. If successful, we’ll have a NEW COUNTRY with a NEW FLAG and national anthem — perhaps a Stevie Wonder jingle. Everything you once loved about America, baseball, football, cinema, is over. The idea of capitalism is nice — but doesn’t exist here. This is why my top conviction hold is Ethereum.

Once upon a time I laughed at you bitcoiners for having delusions of grandeur and I was right. This go around is different. The Chinese and everyone else HATE YOUR FUCKING GUTS, as well as 50% of the country. Scratch that, 90% of the country hates the country, only the hatred for one another keeps this carnivale together.

What to look forward to?

Sharply higher gold, silver, cryptos. I prefer ETH because you gain access to the synthetics.

I’ve never been more grim about the prospects of this great big shit-hole — worst blend of people on the planet next to fucking Mexico and Canada –and of course you have an education system run by lunatics and a healthcare system that is rotten to its core. America deserves to be destroyed, but not for the reasons ANTIFA wants. Before this is all said and done, there will be SCORES dead and law and order will take on the look of martial law.

As we march towards this eventuality, it’s in your best interest to diversify heavily into cryptos and gold.

You have exactly two years left, otherwise you’ll be fucked like all of your edge lord neighbors.

I checked out of the haunted Cabin in the Woods yesterday morning to the site of a cleaning crew parked in the driveway, eagerly waiting for us to GTFO. I entrusted my navigation system to direct me towards the fastest path to Asheville, where we will spend the next 8 days. My windshield was CRACKED on the way to Blowing Cock and the length of said crack has grown by 5x since. On the way here, I was bedeviled by a most horrendous back-road ZIG ZAG white knuckled ride, one that I normally would avoid at all costs.

As a younger man, I had an aversion to heights. While I do not anymore, I don’t exactly enjoy it. What I do not enjoy is a tedious drive. More than anything else, I hate ZIG ZAG roads that require only 35mph — because you’ll tip the fuck over at 60mph. I endured that for about 66 miles.

Last night I rested inside of a 3br condo that we rented and it went fine. We spent the evening in Asheville, which reminds me of the nicer parts of Philly, minus the diversity. The people are eccentric, not exactly NYC village eccentric, but blue hair is a common look.

While driving around, or walking, I am ENTREATED to younger ANTIFA Fly complaining about everything. He’s 15 now and only wants to stay inside or in the car. To ask him to walk and exert energy is equal to the death sentence. I checked out of the condo today and just made it up to our next locale — another fucking cabin in the woods.

I was not looking forward to this — mainly because the one in Blowing Rock was terrible. This one is actually quite nice and very clean. The one set back is the GRAVEL ROAD FROM HELL, which is not graded and it pitched heavily to the left. Driving up this winding fucked road, enveloped by trees and shrubs, is something out of a horror movie. I felt on numerous times the car listing so far left — it felt ready to tip the fuck over and into the trees. Luckily I made it up, but now I need to spiral down to get food for the next three days, enough grub that will enable me to avoid leaving this place until checkout.

One major bonus to my nightmare is the neighbor just 300 ft above. The gravel road is a TWO WAY road, but barely big enough for my CRACKED WINDSHIELD Benz. Should I venture up the road while he’s coming down, it’s very possible I will have to drive backwards down this hellscape directly into a rocky crevasse to my instant death.

Plans going forward include heading to the Biltmore Mansion and grounds. And then we check into a fucking normal resort, the Omni at Grover Park.

Wish me luck!

I’m checking out of this fucking cabin in the woods now and glad to do it. I’ll be en route to Asheville later on today. But first I get to slalom down the mountain here amidst the rain and the mud. I’m not a country man and certainly not a mountain type. I don’t eat granola in my spare time and I’d never buy a Suburu Outback. I come here to observe, not too different from people visiting the zoo.

I see INTC is getting HAMMERED off bad earnings and the Nasdaq was down over 200 this morning, before the bounce. Rest assured, Robinhood traders are now powerless and their means will soon be extracted from the market. A great panic is upon you now and US-CHINA relations have soured to the point that military confrontation is a possibility.

The only thing I did this morning is buy gold miners. I am 65% cash, all invested in dividend payers and treasuries, with zero allocation to growth or trading stocks. We are 1 or 2 down days away from headline news discussing the economy again and how the market might be re-entering a BEAR MARKET.

Get your BEAR MARKET merchandise now. Special coupon code COLLAPSE for 15% off.

Ciao.

It’s over…again.

Whatever bull market you thought you had is now over. The end of the rally coincided with the beginning of my vacation, which is so far marked by HARROWING mountain turns and “flip your cover over” steep driveway inclines and of course bears — which produce a most delightful EYES ON THE WOODS decorum at night.

Aside from all of the mountain people being mad as fuck up here, angry at the wind for blowing their way, things are going exactly as expected. “The Fly” is more of a Newport, RI — WARD MCCALLISTER, champagne cocktails by the shore type of person. This fucking CABIN IN THE WOODS scene is for lumberjacks and skiFAGS.

Today I deployed 30% of my assets into old man stocks, with a median yield of 3% and treasuries. The trend has been broken. I repeat, the trend has been broken and now we’re sliding down the other side of the mountain with angry mountain bears biting at our wheels on the way down.

I am still on vacation and have only taken a break to book 3 losses, making it a grande total of SIX LOSING TRADES IN A ROW. No big deal however when you’re the man with the BIG DICKED gains and endless streams of creativity to get it all back and more.

I just wanted to take the time out of my day to remind you THE DOLLAR IS GOING TO COLLAPSE IN YOUR LIFETIMES and all of your savings will be reduced to ash. Your 401ks rendered useless and America as you know it gone, like a whisper in the wind.

The days of dollar supremacy are coming to a fast end and with it your freedoms. But before that happens, we will have great rallies and everyone will enjoy the splendor of post modernist America, TRANSVESTITE EDITION.

What else can I say, other than to stockpile into gold and cryptos. To me, there is no better place than ETH. Gold is good too and serves as an excellent store of value; but the upside lies in areas beyond the control of the FUCKERS who rule us.

Back to sliding down mountains.

I’m in a place, a haunted cabin in the woods. My kids are terrified and the dogs are going fucking nuts. There’s weird statues all over and bear paintings all over. I am quite literally surrounded by bears. It’s also extremely steep here and the driveway is sort of insane — the car placed at an odd angle because of my unfounded fears it will give way and fall off the fucking mountain.

Today I raced out of the house in order to beat sunset because I feared if I drove up this fucking hill in the dark, I’d drive the fucker right off the mountain and into a crevasse. While trying to get out of the fucking driveway, I quickly reversed the car when I meant to drive straight away and nearly fell off the mountain.

Oh, and on the way here, I tailgated a pick up truck and some debris from his SHIT-MOBILE flew out the back and into my windshield — CRACKING IT. I would’ve chased him down — but I am very close to taking this car and burning it.

I bought three stocks today and I am 85% cash. I see Ethereum BROKE THE FUCK OUT and I could not be happier. The shitty dollar is finally starting to be a thing and we are seeing both gold and cryptos respond.

I am telling you now — ETH will be $750 inside 3 years. If you’re not diversifying into BTC or ETH, you are an idiot.

BACK TO PROTECTING THE FAMILY from the ghosts in this fucking house.

FUN FACT: It is quite literally adjacent to a cemetery.

This is probably my last blog until tomorrow, since I’ll be traveling soon. I was surprised to see the United Steaks ordering China to close its consulate in Houston, given just 72hrs to do so. One would think, given the context, the US is on war footing with China. I suppose the whole meddling into our business is cumbersome and I also suppose it’s important to have an enemy at all times — in order to give the Fed something to finance.

Futures are mixed and I don’t expect much to change. The indices are in fact bulletproof and although we are seeing a breakout in silver and the euro rallying hard against the dollar, don’t expect a revolution.

You will endure, for the balance of your lives, more status quo than ever before. The social change you see in front of you has had zero bearing on markets. All of the lockdowns and subsequent destruction of business in the country, since the global pandemic began more than 6 months ago, have produced substantially higher stock prices.

If we bombed Beijing tonight, I suspect markets would climb another 130 NASDAQ, in order to price in new Fed easing.

This whole game you participate in on a daily basis is a giant clown show. Stop trying to make sense of it.