Stock Market is the bottom in?

[SD51555]

Platinum just crashed 10% in seconds. Nothing shady being done by trillionaire pedophiles here.

 

[hunts_with_stick]

Silver and gold down, but not for too long I don’t think

 

[buckvelvet]

Does your employer offer self directed Roth 401k account? That would be better tax advantaged than a regular brokerage account.

They do not, they partnered with a company called trpc401k.com as suggest by our 'advisor'.....

 

[PatinPA]

Same here. My company only offers a 401K through their brokerage.

 

[Brian662]

Probably another good reason to invest in PMs

 

[SD51555]

View attachment 87092
Probably another good reason to invest in PMs

I noticed pistachios were up 10% at the Aldi since the last time I looked at price.

I would imagine this is the case rate going forward. Which means the wealth of savers will be completely stolen in 7 years.

 

[Brian662]

I noticed pistachios were up 10% at the Aldi since the last time I looked at price.

I would imagine this is the case rate going forward. Which means the wealth of savers will be completely stolen in 7 years.

Considering I plan to retire in 7 years, I feel targeted

 

[cbw]

I wouldn’t take less than spot. Apmex is $10 over spot on silver to sell to you. The dealer has to make a margin, but I’d want a little over spot knowing margins on the buy side are sky high. Silver is spot +10%. I’d want +2 or 3 at least. +6 on eagles.

Gold seems OK to get spot. Eagles should be at least +5% over spot.

Platinum is almost gone everywhere. I’d want +3 to +4 on platinum. Eagles I’d want +6 or 8.

Buy side margins are sky high cause it’s flying off the shelves, and I’m guessing it’s like playing with fire trying to market this stuff. The local dealer might buy it at 11am, and be down 10% before he’s back from lunch.

I’d call ahead and just ask. Tell them what you have and they should tell you what they’re offering.


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Excellent. Thanks. Apmex is where I bought most of my holdings from years ago. Will see their offer and reach out to some bullion shops in the city.


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[Westwind]

Jimmy Investor (@jimmyholder)

I took a long time to truly learn this, but my results changed meaningfully once I did: “Money isn’t labeled.” You don’t need to recover losses in the same stock that caused them. If the thesis has changed and you’ve proven yourself wrong, sell - and move on.

substack.com

 

[Barndog56]

SD, what are you expecting from Gold and Silver over the course of 2026???

 

[SD51555]

SD, what are you expecting from Gold and Silver over the course of 2026???

I have no idea. Could go to the moon, could go into the tank if something really bad happens.

All I know, I sleep better at night not sitting in fiat dollars that are in free fall.


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[SD51555]

Gray cat loves SBUX.

Starbucks Shuttering About 400 Locations, 40+ In New York City Alone | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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[Bill]

I have no idea. Could go to the moon, could go into the tank if something really bad happens.

All I know, I sleep better at night not sitting in fiat dollars that are in free fall.


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I hear you just be careful. Gold after Reagan was crap until the crash under bush 2.0.

But please don’t listen to me. I bought gold at $1100 and sold at $1700. My dumb ass should have held.

 

[Kdog]

My son is trading gold in the market. Really technical path he is taking and he is doing good with his strategy with over 80% of his trades being positive. He knows it only takes one wrong move to wipe it all out though. The other weekend when gold went on a tear he made out like a bandit, like retirement money on a $20K investment. I need to get with him to figure out what he is doing.

 

[Bowsnbucks]

The stock market isn’t where the fraud is located. It’s in war spending. There are people out there that put bread on their solid gold 100’ long banquet table only so long as there are Christian’s and Muslims to kill in places the handlers of our politicians want something. And for what? So the transsexual devil worshiping peodophile murderers can own all the land, resources, and means of production.

If every member of congress stole $5M a year thru stock manipulation, that’s less than $2.2 billion dollars. War, while there technically is no war declared anywhere, we spend over $2 Trillion, with a T on the war dept and have lost every war we’ve been in, the past 100 years.


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I'll preface this post by saying I have no anger or hatred for anyone on here, regardless of political party. Quite the opposite - I respect all on here .... might disagree on a few things, but that's OK.

President Dwight Eisenhower warned about the "military industrial complex" right after WW II ended, and the huge amounts of tax-payer money that would likely end up being spent in the future. How right he was. Remember when Al Gore tried to eliminate waste of taxpayers' money by uncovering things like $1200 hammers (same ones any of us could buy at that time for about $25), $400 ashtrays for government buildings, etc.?? I watched Republicans in Congress poo-poo his effort and defend government buying of such things. How does that make any sense if we're the ones footing the bill???? Lobbyists shoveled tons of money into campaigns that benefitted the purveyors of those cost-plus .... plus ..... plus .... plus items. I watched it happen, so please don't try to say I'm wrong. I'm older than possibly many of our readers here, but I do pay close attention to who does what. The sky is not pink - even if someone tries to say it is.

But there is - and has been - fraud in the financial industry for decades. I'll mention some names here who were convicted of financial crimes .... and the levels of crimes were in the hundreds of billions of dollars - that investors had stolen from them by fraudulent market manipulation, Ponzi schemes, and outright lying. Ivan Boesky (insider trading, caught on taped phone calls with corporate insiders - including the next guy in line - Michael Milken), Michael Milken (bond schemes that brought about the collapse of Drexel/Burnham/Lambert), Bernie Madoff (Former Chairman of the Nasdaq, and close ties to government regulators, stole $19 billion from investors), Ken Lay / Jeffrey Skilling / Andrew Fastow of the Enron fraud scandal (all out of prison - living large on investors' dollars), HealthSouth CEO Richard Scrushy, Elizabeth Holmes (CEO of Theranos "one drop complete blood analysis") fraud, Sam Bankman-Fried (FTX Crypto scheme), Bernie Ebbers (CEO of WorldCom, overstated company assets to the tune of over $11 billion dollars, led to fraud & collapse of WorldCom and investors' dollars gone), Waste Management executives (In 2002, the SEC called their corporate accounting fraud one of the worst they'd ever seen. They cost investors over $6 billion dollars in losses, due to "cooking the books" about corporate earnings, depreciation on property, plant & equipment. Corporate executives got filthy rich by their frauds and live large). I have the receipts.

Much of the "de-regulation" that allowed these massive frauds to happen was done under the 2 Bushes and Republican help in Congress. Hate to burst loyal bubbles - but the facts are out there, documented to show who pushed what through to get the "de-regulation" done. And I'm not saying Dems are sinless on various things (many of them can't keep their pants on) - but de-regulating the financial industry lies at the feet of the Republican Party (not the everyday Republicans in any town .... I'm talking the big power players at the top). Your avg. Republican citizen has no say on policies made by the top dogs. Those avg. Republican folks get fleeced - and have been fleeced - by those very policies made at the top by the power players of the party.

So NOW - trump and his minions, along with musk, have de-funded, fired the employees in, or eliminated the very government agencies that were set up decades ago to safeguard investors' dollars against such shit. They even closed entire buildings that USED TO oversee our invested money!!!! All of ours - including anyone on here with a 401-k that's invested in the stock market or bond market. Your political party affiliation means nothing to those clowns. They de-regulated the financial industry to make it easier for the big boys on the inside to get access to OUR invested dollars by people like those named in the above paragraph. Fraud & cheating don't disappear with the flip of a switch - and they're as old as dirt. All of us have skin in the game, - R, D, I, GP - so why do any of us favor de-regulating, de-funding, or eliminating the very agencies and people charged with protecting our savings and investments?? It's not foolproof, but more "financial cops" is better than fewer cops .... right??? I don't want anyone on here or anywhere (R, D, I. GP) to lose their hard-earned dollars to crooks, cheats, fraudsters, and liars.

 

[SD51555]

Initiated on SBUX this morning. Starting with two 2-week puts.

 

[SD51555]

Good read on what's going on with metals. Who knows if any of it is true, but it's quite interesting. It seems like some banks have mountains of silver, and some banks have shitloads of naked shorts on silver. This is going to be especially stupid if it's the same damn bank.

The Interventions Aren’t Working Any More | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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[BenA]

Who's buying Chevron?

 

[SD51555]

Who's buying Chevron?

It’ll be interesting to see what happens tomorrow. I can’t see what good these deals will do for the oil majors if we put even more supply into the market. The cost of production keeps rising and oil has been falling. There is a place where this becomes painful for oil profits. Even if they can produce 10-15% more, if profit per barrel falls 50% on their entire portfolio, they’ve gained nothing.


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[BenA]

It’ll be interesting to see what happens tomorrow. I can’t see what good these deals will do for the oil majors if we put even more supply into the market. The cost of production keeps rising and oil has been falling. There is a place where this becomes painful for oil profits. Even if they can produce 10-15% more, if profit per barrel falls 50% on their entire portfolio, they’ve gained nothing.


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Isn't the demand for this type of oil used for making asphalt and diesel high?