Banks Say Gold Hits $6,000. I Own 15% — and I'm Not Buying More.

Comments · 239

• TH

  @TheEfficientLife · 4 weeks ago · pinned

  1. &quot;So you&apos;re saying gold crashes?&quot; &nbsp;No. I&apos;m saying I don&apos;t pay any price for anything, and I told you my number: $3,500. Above it I already own plenty (15% of my portfolio). Below it I&apos;m a buyer. No crash prediction anywhere in the video, I show you the January tape and let you decide what euphoria is worth.<br><br>2. &quot;You&apos;ll miss the run to $6,000.&quot; Maybe. I accepted that in advance, and I showed you exactly what it cost me on silver: I sold at $94 and watched it hit $121.64. The people who bought at $121 watched it fall by more than half. My rule costs me the top of every mania, by design. It also means I&apos;m never the exit liquidity.<br><br>3. &quot;Why $3,500?&quot; &nbsp;It&apos;s where I judged the risk-reward works for ADDING to an already large position, set after the January top and stated publicly twice. The precise number matters less than when it was chosen: on a boring day, before looking at today&apos;s price. A level you set during the rally isn&apos;t a level, it&apos;s a justification.<br><br>What&apos;s your number for anything you own? Genuinely curious.<br><br>Work out how gold fits a retirement portfolio here: <a href="https://www.the-efficient-life.com/your-number-calculator">https://www.the-efficient-life.com/your-number-calculator</a>

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• MA

  @martinbeckmann9376 · 3 weeks ago

  You’re treating gold like a stock. Just buy and hold. The big pay off will come in due course.

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• PR

  @pricopemaria3265 · 3 weeks ago

  Highly unlikely that it will ever go down below 3900/4000, now with the bond crisis and incoming &nbsp;QE

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• LE

  @lecblue · 3 weeks ago

  Thanks!

• FE

  @ferebeefamily · 3 weeks ago

  Thank you for the video.

• RA

  @Rachels123 · 3 weeks ago

  You didn’t buy gold you bought an etf. Gold buyers don’t trade, they keep.

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• M.

  @M.RInvestorChannel · 3 weeks ago

  Cool 🤙🏾

• PE

  @peterdoring7521 · 3 weeks ago

  1) Sell high - buy low is not new 2) If you are too careful your profits will be the same 3) Don´t judge the future too much based on the past. The reasons for the gold bull market have shifted.

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• AN

  @Andronichuk · 3 weeks ago

  Gold is less “investment” and more “insurance”

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• AR

  @AryAshish · 3 weeks ago

  Smart scripting &amp; Editing !!

• TH

  @TheDesertsweeper · 3 weeks ago

  &quot;this is about only one thing - discipline about the price&quot; - exactly

  1

• MA

  @mattblack133 · 3 weeks ago

  Sound like a true investor to me. Cool accent too. 🤙

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