Investing in Precious Metals

**UWone77** · 4 March 2021, 08:48

Originally Posted by Jerry R

Put in a "Limit Buy" this morning as it seems to be in a dip. Picked up another 5K at $0.15 even. Now tapped, everything else in the red and holding/hoping.

Damn, totally slept through the dip to .13 cents.

**alamo5000** · 4 March 2021, 09:07

Originally Posted by Stone

Is it me or does the market seem to be doing weird things... Selling on good news, up is down, right is left, profit taking at weird times..etc,etc...
Seems like a big sell off this morning. And silver and gold have been trending down when underlying fundamentals are saying it should be trending up...

Welcome to my world.

One of my favorite quotes says "The market can stay irrational a lot longer than most people can remain solvent"

Hence part of the reason I have been on the sidelines for a while now.

**UWone77** · 8 March 2021, 07:46

TCFF going off today, 70% gains.

**alamo5000** · 8 March 2021, 08:02

Originally Posted by UWone77

TCFF going off today, 70% gains.

Dang! That's pretty good. If you bought that two weeks ago you are doing quite well right now. Under .07 cents to over .30 cents in two weeks.

**Stone** · 8 March 2021, 08:41

"We Got An Official Confirmed Hindenburg Omen Stock Market Crash Warning Signal"

Long article but well worth the read ASAP!

https://www.gold-eagle.com/article/w...rning-signal-0

Not a bad idea to sell into strength on TCFF... It can always be picked up again after a correction.

**Aragorn** · 8 March 2021, 09:10

Is that what you’re doing?

**UWone77** · 8 March 2021, 09:24

I don't have time to time the market. When it crashes I'm going to keep buying. Gonna keep playing the LOOOOOONG game.

Cheers to those of you that are awesome at getting out at the right time and buying back in at the right time. It's never worked out for me.

**Jerry R** · 8 March 2021, 10:54

I always buy too few, and sell too soon. I'm holding for now.

**alamo5000** · 8 March 2021, 10:56

Originally Posted by UWone77

I don't have time to time the market. When it crashes I'm going to keep buying. Gonna keep playing the LOOOOOONG game.

Cheers to those of you that are awesome at getting out at the right time and buying back in at the right time. It's never worked out for me.

When it works out it works well. I made like $30K in about 3 weeks a few months ago. I am usually not that guy but it's something that I have had in a watch list for a few years. Just random stuff that people jump in... it's impossible to time for the most part.

**Stone** · 8 March 2021, 11:15

Originally Posted by Aragorn

Is that what you’re doing?

Yes, some of it. Sold off a chunk to re coup my cost basis and have stop limit orders to protect unrealized gains. Win/Win scenario. A bird in the hand

I would rather the price kept rising and it didnt trigger my stop limit orders. If you want a better breakdown of what I did shoot me a PM...

**Stone** · 8 March 2021, 11:24

Originally Posted by Jerry R

I always buy too few, and sell too soon. I'm holding for now.

Are you locking in your gains with stop limit orders?

**Aragorn** · 8 March 2021, 11:28

Alright well, I’ve sold everything off. I guess let us know when to go back in!

**Stone** · 8 March 2021, 11:30

WHAAAATTT???? What was your percentage gain? Did you see my post above?

**UWone77** · 8 March 2021, 11:33

Originally Posted by Stone

WHAAAATTT???? What was your percentage gain? Did you see my post above?

**Stone** · 8 March 2021, 11:37

Sell into strength, not sell EVERYTHING into strength.... He's sooooo craaaazy...

If my rough guesstimate is right, he got around a 60% gain...

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