Rudy S

Aerospace Tooling. Laser Metrology.

[Rudy S @RMS1981Storm]

@tonybel73 @DabbinDucky4200 lol

[Wall Street Mav @WallStreetMav]

Maturing is realizing that voting is the adult version of writing to Santa Claus.

[Rudy S @RMS1981Storm]

@TheApeOfGoldST Ive held both. Seems to be the no brainer at the moment.

[Rudy S @RMS1981Storm]

@honzacern1 Dude if silver hits $15 the truck with be backed up and loaded.

[Rudy S @RMS1981Storm]

@TheApeOfGoldST Truth

[Rudy S @RMS1981Storm]

@HealthRanger So in other words the algo got to you. Shake it off Mike. The pendulum swings both ways dont ever forget it. We just havent swung back yet.

[Rudy S @RMS1981Storm]

@TomLeonard28 How so? I could take puctures of crooked politician cunts all day long too. And for half price.

[Rudy S @RMS1981Storm]

@HealthRanger Been doing this for years Mike. Solid info.

[Rudy S @RMS1981Storm]

@tonybel73 @wyd_loner

[Don Durrett - goldstockdata.com @DonDurrett]

Who Wants to Be a Millionaire? The 5-4-3-2-1 Contest.

Introduction

Who can turn $7.5K into $5.4M using gold/silver mining stocks?

Note: This contest is already underway since April, but you can still join at any time.

Perhaps nobody will win the contest, but some will get close, and many will turn $7.5K in to $1M.

Let me explain.

If you haven’t noticed, a bull market in gold is underway (silver is following). The gold spot price traded at $2,000 in January 2024 (see the gold monthly chart below). Since then, it has been on a tear, and I doubt we are anywhere close to the top.

The last bull market in gold lasted about a decade, from 2001 to 2011, and rose from $250 to $1900 (650%). I would contend that the fundamentals for gold are stronger today than in that decade. During that time period, we did not have any inflation, US global hegemony was not threatened, de-dollarization was not a term spoken, and the US government bond market was stable and the envy of the world.

I would contend that the mania of this gold bull market hasn’t even started yet. The average investor isn’t fearful yet. How could they be? We haven’t had a recession since 2009. When the next recession begins, the run to gold will be epic. Can we avoid a recession? I doubt it.

If you agree with me that this bull market in gold has legs and want to speculate, I have a contest for you. However, be prepared for the possibility of losing your money ($7,500), because that is what speculation is – gambling. However, the risk-reward is compelling if we are right about the gold price trending higher.

The contest requires very little capital. All you need to risk is $7,500, with a potential payout of $5.4M. A 72,000% payout (before tax) seems impossible, but if this gold bull market lasts for a few years, I think it is possible and worth a try – I expect someone to win.

The Contest

Here is the contest. You start with $7,500. I recommend a retirement fund that does not trigger capital gains if you trade a stock, such as an IRA.

Anyone who has a job with earned income can create an IRA in the USA (you can have more than one). Since this will be a new IRA account, it will be easy to monitor/trade your contest stocks.

If you already have an IRA account, set up another one. Make it easy to track your progress.

Everyone begins with $7.5K USD. If your account is in a foreign currency, then begin with the equivalent value in USD. For instance, in Canada, it would be around $10K CAD (the current conversion rate).

Once your account is funded, you can begin purchasing gold/silver miners (or options).

The competition is broken up into legs. After you complete a leg, you then rebalance and begin the next leg. During the rebalance, you can keep your existing stocks or buy new ones. It’s your choice how you rebalance. I expect to have a new set of stocks for each stage, although some will likely stick around from one leg to the next.

Here are the five legs.

5-Bagger = $45K (first leg)
4-Bagger = $225K (second leg)
3-Bagger = $900K (third leg)
2-Bagger = $2.7M (fourth leg)
1-Bagger = $5.4M (final leg)

In the first leg, you have to achieve a 5-bagger. So, you need your starting $7,500 to reach $45,000. This will be the easiest leg because we are early in the bull market, but the longer it takes you, the less likely you will complete leg 2.

Over time, returns will begin to diminish. Very few will likely complete leg 3.

In each leg, you can only purchase gold/silver miners (or options). It’s your choice how you allocate, but I would not do more than 5 stocks in each leg. I’m sure some of you will do 3 stocks or fewer. Concentrating provides more leverage.

One idea is to begin with 7 stocks and then sell the laggards and move that money into the early winners. Then, eventually concentrate that into the 3 big winners. If we can find 3 stocks that rip, it will be easy to get a 5-bagger.

During each leg, you will monitor your stocks and trade them as you see fit. There are no rules for trading. You can trade/swap at your heart's desire.

The goal for leg 1 is to get to $45,000 as fast as possible.

Once you reach $45,000, you will rebalance and sell some (or all) of your stocks (and pay any capital gains taxes owed). Ideally, you want to do this in an IRA account that does not have capital gains for selling a stock.

With the proceeds, you will buy new gold/silver miners with the same objective – to reach the next leg. This time, the target is $225,000 (4-bagger).

If the gold bull market rages for at least two more years, the chances are good that this strategy will work to reach leg 1 and leg 2. Many of you should complete leg 2.

Once we get to leg 3, the bull market will likely be frothy. It won’t be as easy to find 3-baggers. The good news is that you only need a 3-bagger to reach leg 4. Traders are going to have a big advantage here, rotating into stocks that are doing well.

At this stage, you may decide to only pick 2 or 3 stocks instead of 5 or 7. You will be so close to the finish line that you may decide that 5 or 7 is too many to bet on. One loser could bite you badly, and you might want to stick with quality.

At this point, you will need to consider using a stop-loss to prevent your portfolio from getting damaged. A 20% trailing stop-loss might make sense once we get to leg 3. Speculating with over $200,000 may be unwise. For some of you, making it this far was great, but it might be time to be a bit cautious. After all, this bull market will end at some point, and rather abruptly!

Anyone who completes leg 3 will have a lot to celebrate. You can decide if you want to exit the contest or go for the final two legs. The key will be the gold macro fundamentals. If they remain strong, then I’ll likely stay in the contest.

Today, 10-baggers are easy to find. I could give you 25 potential choices to choose from. That’s what makes this contest so interesting. Getting to leg 2 should be easy if gold trends to $7,000. Gold/silver miners might be the most asymmetric bet since Bitcoin was at $10,000.

I bought Bitcoin when it was sub $10,000, and I felt like I had the odds on my side. That’s how gold/silver miners feel right now. The odds are on our side.

If you are one of my subscribers or followers, then you should know the current 10-baggers that I like. Here is a list of 39 (see below) that I posed on X recently.

You could throw darts at this list and have success with leg 1 -- if gold trends to $7,000.

Let’s all do this together and have a competition to see who can complete each leg. We can share our portfolios on the GSD forum. I’ll create a thread called 5-4-3-2-1 Contest.

I created a new IRA account for this competition and funded it with $7,500. I hope you do the same. This will be fun!

I’m not much of a trader (and I won’t use options), so I don’t expect to win. But I hope to complete leg 3 or get close!

[Rudy S @RMS1981Storm]

@KingKong9888 Ive crossed there one time resetting my visa. Wasnt even close to being that busy.

[Rudy S @RMS1981Storm]

@DabbinDucky4200 @tonybel73 @JBINMICH1960

[Sarah Westall @sarah_westall]

This is why you should have as much silver (and other tangible assets) as you can comfortably own. Its a hedge against losing everything you worked hard for.

[Rudy S @RMS1981Storm]

@USronaldcarter Right because you have inside info. Pound sand…

[Rudy S @RMS1981Storm]

@TFL1728 Radiohead
Counting crows
Beck
Pearl jam
Tom petty
Ron sexsmith
Mike viola and the candy butchers
Rage against the machine
Primus
The smiths

[Rudy S @RMS1981Storm]

@RealRickRule I dont understand how the common man doesnt get fired up over this bullshit. But thanks for the financial guidance over the years rick.

[Rudy S @RMS1981Storm]

@AMCDiamondHands I bought at $2 should i sell???

[Rudy S @RMS1981Storm]

@NakedHedgie Im sure he used that money to make his girlfriend look like an alien bro.

[Don Durrett - goldstockdata.com @DonDurrett]

🧐

[Rudy S @RMS1981Storm]

@tonybel73 @DabbinDucky4200

[Lobo Tiggre @duediligenceguy]

Sprott on Forbes... sign of the times.

[Rudy S @RMS1981Storm]

@tonybel73

[Jeff Clark @TheGoldAdvisor]

Should We Continue to Invest in the Mining Sector?

That's the theme of my 2nd talk at MIF, which focuses on 3 questions to get the answer. See how you'd answer each one after reviewing all the data, facts and history I present.

Includes 4 stock picks!

https://t.co/zQTvJz2mZN