AGY 8.14% 9.3¢ argosy minerals limited

2024 Charts, page-1027

  1. 5,467 Posts.
    lightbulb Created with Sketch. 2166
    I'm not especially going out of my way to pat myself on the back, but when I bluntly say why the price is going to drop, you insult me, then it drops and you lose money, and then denigrate me while "LYFAO", it makes sense to point out the reality of the situation.

    I am not just coming along after the fact and saying "Haha, sucks to be you, you lost money", I politely explain why the price is going to go down then get abused then it goes down as I say and then I get abused more. I'm not thin-skinned enough to care, it's not like it surprises me and I sometimes point out that there will be people like you throwing tantrums like you are now because of it because you're in pain and if you're emotionally weak it's easier to lash out at someone else than it is to take self accountability.

    If you want to provide analysis on any stock I hold, making predictions, and you turn out to be correct, I will thank you (this has happened before multiple times where people have pointed me in the direction of where to look, I've seen the problems in the company, sold, avoided losses and thanked people). I've had some people over the years thank me for doing the same for them and even been offered gifts when people have considered I've saved them many thousands of dollars. When I have ignored such analyses and lost money, I've later told the bears who were correct that they were correct and I should have listened. I have definitely never, ever been stupid or weak enough to see someone warn me, ignore them, lose money because I ignored them and then abuse them for it! If there's any reason for the LMFAO game around here, it's clearly at you.

    Very briefly, I invested in gold and silver ETFs, not miners. As I said, I went for something safe while travelling. I saw silver break out and bought in a few hours before I went to the airport in Australia and had already bought gold. Gold because it's an inflation hedge, inflation has gone wild and gold hasn't really kept up, and also there's a move away from the USD as reserve currency, and while that probably won't entirely happen, it will to some extent as the likes of China, Russia, Iran etc will want to be trading in something else, and of course the USD is likely to tumble as the US does, so gold is likely to continue increasing in demand. Silver because it tends to track gold etc, it's relatively lower in price and has a long way to go to get back to its all time high (which it probably will), and both are fantastic from a TA perspective. I wasn't planning to buy silver or trade anything right as I was packing and finishing up in Australia, not planning to be back for around 8 months, but when silver broke out at the start of April it was just such a screaming buy that I jumped in with about a quarter of my AGY money which was still sitting around. A couple of weeks after arriving in Asia I approximately doubled up on silver. By all means, if you want to call for a crash in the price of gold and silver, you give a detailed analysis of why you think it will happen, and it does indeed crash, and I am still holding, feel free to say "I told you so". In that astonishingly unlikely scenario, I will thank you for your analysis and wish I'd followed your lead. In reality, I doubt you're going to make that prediction let alone give an analysis, but if you were capable of doing so I'd probably have independently come to the same conclusion and sold out already.

    Oh, and my gold and silver holdings are currently up about half as much as my holidaying has cost me since leaving Australia. Was well ahead during the recent peaks, and I expect we'll exceed those peaks within the next month or so. Can't complain about that.
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.