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
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