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  • LAVA Moderator: Shinji Ikari

the market: stocks, bonds, options, whatever

I started buying gold when it was at around $1300 an ounce.
Unless you count my high school class ring at 10K when it was around $300 back in 2000.
 
Smart man haha I remember when a grram of gold and a gram of weed were the same cost. Thankgod I got my money out of the market in oct but now it is just dwindling and since oct the bank has been dicking me around about gold. (Really its my fault they did stall oct till feb though and I was very clear with them I wanted gold. By feb I was iffy about it; still am a little and I don't know why it goes up consistently.
 
My s*** started tanking so I took out a bunch of short puts. Made all my money back and then some. Sometimes you just got Make lemonade. Currently I'm betting global oil price will continue to decrease. If it drops another couple of bucks I make 4K. But I only have until July
 
Oh man like rare earths I got this one and it's called...UAMY I couldn't tell you the first thing about what they do there I get that it's a mine and they produce a whole bunch of stuff that I cannot pronounce. It's the only mine like this in North America that is traded publicly. They were trained in at 36 cents per share 3 months ago. Then Trump starts this trade war with China and China turns off the rare earth components. That stock is trading at close to $3 a share and guess who had like a thousand shares. This guy right here baby

Now I'm not going to retire on $1,000 net profit. But I felt pretty damn cool putting in $350 and getting back $1,000 3 months later. Some hooligan put 700,000 in back in May when it was 30 cents a share so somebody knew what was fixing to happen. There's another one it's a Canadian military drone company that got their start with the autonomous shopping cart. And I knew that with the war in the Ukraine and all that that their stock price was probably going to do pretty well with the influx of defense money spending. I put $75 in like 6 months ago and it's valued at $600 right now.

Just saying you don't have to be like a whiz kid or rich to have some pretty decent returns.
 
Good lookin. Haha I got 1/10th the gold I planned on originally as the bank simply did not want to do it -- accused apmex of being a "Fly by night mexico operation" *When logic dictates they really should know them? (My dumb ass had to go home cuz i didnt memorize). Would only transfer x amount. You know the usual stranglehold your money bank act. Precious earth metals seem like a sound idea -- much like you I would be reading a page of gibberish googling each one to see what they do (I imagine) than not understanding that either --- nothing worth doing is easy. (Thats not ALWAYS true but it is a saying).
 
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