Super Bullish Headline For Gold + AUST, ASM
It’s nearly impossible to imagine a more bullish headline for gold:
Today I stumbled across this item from late last month while catching up on news relating to MARA - Marathon Digital which is enjoying a nice run, already up 40% since I wrote about it two days ago.
Crypto and gold needn’t be an either-or. Shouldn’t be. Mustn’t be.
And lest we forget: Mark Cuban endorsed token ‘TITAN’ plummets 100%
Iron Titanium Token (TITAN) a DeFi token created by Iron Finance, experienced a bank run that began on June 16th and dragged the token’s price from $64.04 to $0.000000043348. The project was endorsed by the infamous American entrepreneur Mark Cuban and shed 100% of its value within 24 hours as investors rushed to liquidate their positions.
More from that article:
It’s a bad sign when individuals start taking investment advice from internet personalities instead of doing their own research on an investment. Many investors blindly followed Mark Cuban into TITAN token…
Here’s its 1-year chart from summer 2021. Cuban was touting this hard toward the top.
A funny thing happened on the way to the rug being pulled on this scam:
Cuban was also touting Safemoon into its top:
It’s all coincidence, of course. Many crass celebuclowns were herding their flock to crypto by early 2022, like Cuban’s Tank-mate shoveling Scam Bankrupt-Fraud’s FTX.
Kevin O'Leary says he lost almost $10 million in the FTX collapse, and that the exchange had paid him $15 million to be a spokesman
Elon Musk on Saturday Night Cringe pumping Dogecoin as its 10000% run peaked comes to mind. Both Tom Brady and Gisele Bundchen touted FTX and crypto.com
Tom Brady, Gisele Bundchen, Patriots’ Bob Kraft among FTX shareholders facing wipeout
The fallout will be fun to watch.
Tom Brady pushed crypto to his fans. This lawyer wants him to pay up.
https://news.yahoo.com/tom-brady-pushed-crypto-fans-221901119.html
For a fascinating exposé series of vids on O’Leary’s self-serving prolific bullshit, please enjoy Common Sense Skeptic’s new series: https://www.youtube.com/results?search_query=oleary+exposed+common+sense
His work on Musk’s sundry grifts and serial lying is also must-see YT: https://www.youtube.com/@commonsenseskeptic
Neither I nor anyone I know who’ll admit it got trapped in these crypto cons. Mainstream celebs are rightly regarded with great skepticism and distrust among the “O.G.” de-fi and NFT crowd.
Those kids often have more sense than their parents. Any of them will tell you emphatically in re: any centralized exchange: “Not your keys, not your coins.”
There’s a time to walk away, a time to run, and a time to buy ahead of the next run-up.
I’m bullish gold and all related, as outlined recently.
A couple setups too juicy to ignore include Austin Gold (ARCA: AUST) and Avino Silver & Gold (ARCA: ASM) at $1.12 and $0.79 respectively.
Websites:
I own both, and added more this week since both crossed above, and are holding steady over, the psychologically key $1.00 level:
In Avino’s case it’s $1.00 Canadian, and though it’s a Canadian company I’ll include the US chart here:
I might stop out of AUST if it closes below $1.00
ASM I want to hold above $0.60
Depends on trends and strength in silver and gold at the time, and news or trading action in the specific stock.
That’s about 15% and 25% risk respectively, with upside exponentially higher.
When surf’s up, you’ve gotta dive in.