Silversified

Rock beats paper. Waiting beats trading. Diversification beats concentration. Health beats wealth.

[Silversified @Silversified]

Life isn't meant for money: Money is meant for life.
I want to truly live, travel & take risks while I can.
"Retire at 70 with $3 million but bad knees, a weak heart, and no energy? You'll spend it on medical bills and cruises where you never leave the ship."
HEALTH IS WEALTH.

[Kurt Supe, CPA & Retirement Planner @KurtSupeCPA]

Standing at 7,000 feet in the Rockies this morning and I finally get it.

One of my clients retired at 58 specifically so he could hike these trails while his knees still worked.

He told me, "Kurt, I watched my dad save until 75, retire with $2 million, and spend the next 10 years too tired to do anything but sit on the couch."

The altitude here is no joke. You're gasping for air after 100 yards if you're not in shape. Hydration is brutal. Your body works twice as hard for everything.

My client hikes 8 miles +. At 62, he's crushing his bucket list because he retired early enough to still be healthy.

Here's what nobody tells you about retirement planning: The money is only half the equation.

Retire at 70 with $3 million but bad knees, a weak heart, and no energy? You'll spend it on medical bills and cruises where you never leave the ship.

Retire at 58 with less and a healthy body? You'll actually live the life you saved for.

People obsess over account balances. But I'm watching clients who waited too long struggle to walk a mile, while the ones who left earlier are hiking mountains.

The brutal truth: Your body has an expiration date on adventure. Your 401(k) doesn't.
Plan for both.

[Silversified @Silversified]

@ChiefofSats @PeterSchiff Sure. I wish I got in 16 years ago for sure. I'm also glad I got into silver mining stocks 5 years ago

[Silversified @Silversified]

@ChiefofSats @PeterSchiff 5 years is a long time to be missing out on significantly better profits.

[Silversified @Silversified]

@ChiefofSats @PeterSchiff Bitcoin is up 50% in 5 years.
Silver is up 161% in 5 years.
Not a terrible track record.
Maybe he's onto something?

[Hedgeye @Hedgeye]

U.S. money supply is growing at its fastest pace in 5 years.

[Silversified @Silversified]

@saylor @Strategy Dividends are useless when the stock is plummeting.

[Silversified @Silversified]

Traders are selling silver miners like there is no shortage.
Meanwhile...
- Solar just passed coal in US energy production.
- Samsung is about to release a new silver solid state battery.
- Industrial demand for silver is at 650 million ounces per year.

https://t.co/h2LytYmhAI

[Silversified @Silversified]

@badcharts1 In the 1980's, Volcker was able to raise interest rates to 20% for 3 reasons:
1) The debt to GDP ratio was roughly 25%. Today it's at roughly 122%.
2) Annual interest on the national debt was $100 billion. Today it's over $1 trillion.
3) Q.E. was not yet an official gov't policy.

[TheApeOfGoldStreet @TheApeOfGoldST]

#Silver weekly RSI since 1995:

-We only been more oversold 11 times
-Only 4 times the past 31 years have we reached more oversold levels if the RSI started from "overbought" levels (above the red line, like we are this time)

after RED #4 silver ran +498% (2008-2011)
after RED #5 silver bounced +35% (2012)
after RED #9 silver ran +155% (2020)
after RED #10 silver bounced +27% (2021)

Every major RSI drop from “extreme overbought” territory (above the red line) has, at worst, resulted in the following RSI declines:

-55%
-50%
-65%
-66%
-60%

Average drop: −59.2%
Current drop we are experiencing: -57%

I cant say more then "hang in there"

[Silversified @Silversified]

"I always sell hyperbolic up,
And I always buy hyperbolic down."
Great quote!
- @RealRickRule

[Wall Street Gold @WSBGold]

RICK RULE ON SILVER:

“I buy gold for fear and silver for greed.”

His preferred way to play the coming silver move is through equities, not physical metal, because many silver stocks remain cheaper than silver itself.

With less than 20% of annual supply coming from primary mines and industrial demand still rising,

Rule expects leadership to eventually shift from gold to silver.
That is when the right silver stocks could explode.

[Otavio (Tavi) Costa @TaviCosta]

This may be one of the most important breakouts developing in the entire commodity complex.

While most metals have struggled, copper has refused to break.

If you ask me:

This looks like a beach ball being held underwater.

The longer it’s held down, the more powerful the move is likely to be when it’s finally released.

https://t.co/weCBtJzlYT

[Peter Mallouk @PeterMallouk]

It took the U.S. over 200 years to accumulate its first $3 trillion of debt.
We added the last $3 trillion in less than a year.

[Silversified @Silversified]

Get out of this Ponzi while you still can. $STRC

[Silversified @Silversified]

@NorthstarCharts Ponzi 😢

[Rock Bottom Entries @RockBtmEntries]

Silver is testing 45+ year price support.

Peak pessimism around a hawkish Fed.

The market is pricing in hikes that look unlikely to materialize.

Conditions are ripe for a major reversal.

[Silversified @Silversified]

I generally agree with Don here. However, I would argue that taking some profits - between 10-20% during times of euphoria - is a good idea. I like parking those profits in a different sector.
That being said, most people trade way too much. In general, waiting beats trading.

[Don Durrett - goldstockdata.com @DonDurrett]

Mid-Week Macro

Silver crashed 8% today to $57 and is down 53% from its ATH. Gold is at $4,000 and down 28%. The HUI is down 36% from its ATH. Agnico Eagle is down 40% from its January ATH.

This is a brutal correction, but those are normal in gold/silver bull markets. In 1975-76, there was a 45% silver correction. In 2004, there was a 40% silver correction. In 2008, silver had a 60% correction.

We could see another 60% correction, which would take silver to $48. I think $48 to $55 is a range to expect. If it doesn’t happen in the near term, it could happen in Q3 or Q4. For gold, we should expect a range of $3500 to $3800.

Some of you perhaps wish you had taken some profits and were sitting on cash right now to buy this dip. The problem with that approach is that once you start skimming profits, you will be a trader. Then you will enter the slippery slope of thinking you can be a good trader. Trading is difficult. Let the pros do it. Instead, stay on the train and ride it to the top. To do this, you have to believe in one thing: the US economy is a debt bubble ready to pop, and will pop. That belief will make it easier to ride these dips. Plus, if you have any dry powder, these dips are extraordinary opportunities to buy gold/silver miners on sale.

Gold (silver follows gold) has several factors that have contributed to pushing it down 28%. These factors have had a multiplier effect. First, we had a huge run from August to February and needed a correction. Second, the war in Iran created a selling and inflationary impact. Third, AI stocks pushed up the stock market and lowered the chance of a recession (decreasing uncertainty). Fourth, Kevin Warsh sounded like a hawk in his first press conference, increasing the chance of lower real rates.

One of these factors would not have been able to push gold down 28%, but combined, it occurred. Is the gold/silver bull market over? Ask yourself this: Is AI going to be the savior of the US economy and the US debt bubble? Did the business cycle go away? Is the US economy now recession-proof? My take is that the problems with the US economy have put a floor under gold, and the trend for gold prices remains up. I’m buying this dip and will buy the next one when it comes. I expect at least one more. I don’t think these are the 2026 lows for gold and silver.

[Silversified @Silversified]

@NorthstarCharts Very true. Sometimes perfect is the enemy of good. Recently my trades have been in the moderately good range. I'd prefer they were closer to perfect of course. 🍻

[Silversified @Silversified]

@BambroughKevin

[Kevin Bambrough @BambroughKevin]

If you think the new Fed chair is a hawk you’re crazy. They will run it hot… they will print and create inflation. We are going to have an incredible 2 year run… I’m buying precious metals with both hands. Amazing how the narrative has changed in the last 6 months or so.

[Silversified @Silversified]

Mainstream logic says that Kevin Warsh solved inflation already.
How?
Not by raising rates, ending Q.E. or paying off the national debt.
He did none of these things.
He simply sounded tough.
#silver