Long Position on Silver and Gold?

[Sawin]

52 week low for JD and Fidelity ranks it as bearish (2.8 on 10 scale)
Hmmm, might have to sell a put.

I've been bearish the last 2 quarters, buying more on dips like today, but still quite bullish for the long term... To put it in the simplest of terms, my opinion/strategy is based on the fact that China has twice the population that the US has and less than 50% of that population has internet access right now, but that's changing FAST. I am also long on BABA, but think JD has a good chance of higher % growth in the next few years...

For what it's worth, Amazon has a $1-Trillion market-cap with only 310-315 million users... JD's market cap is 38B and BABA's is 427B.... which of those two has the largest % growth opportunity given the population, internet, and ecommerce trends globally?

If I'm wrong and lose a few K, so be it, but if i'm right and that few K turns into the balance of my mortgage in 5-10 years, I'm thrilled.

[Vitesse304]

With the recent drop in spot on Silver, is anybody stocking up?

I was thinking of picking up a few more Silver Eagles and Canadian Maples...maybe a few others...

[roberth]

With the recent drop in spot on Silver, is anybody stocking up?

I was thinking of picking up a few more Silver Eagles and Canadian Maples...maybe a few others...

It wasn't that big of a drop, silver is under $20 so it is on sale, been on sale for a few years now.

[roberth]

Anyone watching WTI or Brent?

WTI was down a smidgen but Brent lost 4.25% down to $76.44.

[MrPrena]

I predict sucker rally coming afterward.
" yo sell your great grandpa's farm and ranch and buy it on a dip bro. My cuz said do Dollar Cuz Average."

So that smart money can get the hell out of the market without turbulence.

[DFBrews]

Housing inventory is on the rise in The metro area and I am seeing price reductions and houses on the market for longer than 2 weeks wonder if it’s the season or the correction has started

[Irving]

That's what all the reports have been saying.

[roberth]

That's what all the reports have been saying.

Which one or both? Season or correction? Don't home sales slow down as the school season starts and holidays approach?

[Irving]

Which one or both? Season or correction? Don't home sales slow down as the school season starts and holidays approach?

I've heard more stuff about a correction rather than the season.

[Firehaus]

I've heard more stuff about a correction rather than the season.

Correction slowly started last summer.

Population numbers are down from previous years.

Interest rates rising will have an effect on monthly payments. Especially in the slowest moving housing segment, $600k-$800k.


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