[Investing] Gold/Silver Crash?

Whoa- Yesterday was not a fun day for gold/silver-

-2% ouch!

Thankfully, I had cash. So I bought HL, MUX, AG when they dropped 3-4% and sold at 1% profit-

Not bad considering that I had to trade with my phone being outside. Very thankful for apps 😀

I checked some gold miner bloggers/investors/YouTube and the consensus seems that gold/silver will likely fall a bit more before rallying sometime this year or 2022.

I hope it goes up but I am fine. I am holding for the long term and I am swing trading with 30% cash so- I am fine.

I will probably add more to the positions if I see gold falling to $1700 and silver to $22- The bottom is almost there-

Swing trading has been a blessing but I wish I could just buy and hold. Checking the market does take time and effort.

Still thankful for swing trading, making small amounts- I also wish I could hold stocks longer for 2-5% gains (3-5 days or 10 days) but it is so unpredictable these days so I am happy with 1-1.5% gains.

With the swing trading profit, I am buying more dividend stocks (just a bit).

A drop in gold/silver but I am fine thanks to cash- Cash is King 😀

Thank You Jesus for another blessed day. Let us always be thankful and give You all the glory! Amen-

Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.

1 Thessalonians 5: 16-18

If you enjoy the content, you can support the blog through clicking the referral links that I use in my life: Acorns, Robinhood, American Express, dropbox, evernote, and Scr

Related Post

Leave a Reply

Your email address will not be published.