Yup. My title doesn't mean anything so dont look into it, it was the first thing that hit the keyboard as I was thinking of a title.
Something doesn't feel right. Everything was set up properly for a massive move (silver). Yet in after hours trading now we see some decent bids coming in after a pathetic manipulated murder. I would presume that we should be seeing some Gold longs pitch their positions and start cycling it back into silver. This is what I have done. It feels right. Worst case scenario both metals go down on a correction or better yet gold continues higher and silver fucks the dog. This is the worst part about playing this game, sometimes we look at spot price and get frustrated.
I am now on high alert, and will be moving another 15% of whats left of my paper assets into Phyzz.
Here's the problem with that: Moving all your fiat into phyzz, you are ultimately betting that a. we get back to a gold standard, or b. the financial world collapses, or c. spot hits $100-?? and you are happy with that fiat return.
Where us phyzz holders start losing in all this euphoria that may come, is the ability to leverage to make more fiat via juniors, options etc. Yet on the flip, phyzz holders may become the new landlords if things really fall apart.
So moving forward choose your investments carefully, because you will not have the time to choose both phyzz and derivatives for when the day of reckoning comes those options may be worthless or on the flip side if the day of reckoning never comes, you lost out on a whole lot of fiat.
You can only bet the worlds systems will collapse once. It is near?