Silver Blonde Crypto Gold Nuggets
by Gerardo Del Real
Fear and greed have been on full display this past week.
How’s that working out as a trading or investment strategy for you?
My email has been flooded the past week from subscribers asking how to play the Reddit revolution and publishers looking to sell me something by taking the most popular keywords (meant to tickle the part of my brain that screams buy buy buy) and making word salad dressed up as an email.
Here’s the keyword interest in silver yesterday.
“The attention received from the silver squeeze from the Reddit community has all — especially in the U.S. — stocks with silver exposure trading irrationally, hence my comment earlier today about sticking to fundamentals.
You can participate in real sustainable gains, anchored by real assets and catalysts by speculating in companies that will do well with or without the hype.
The real sustainable next leg up will happen when gold gets to new all time highs.
Silver may lead that rally, but not because the internet decides it is.
It’s coming. Be patient, it’ll be worth it."
And then what happened?
Silver is down 8.41%, GameStop hit $80 this morning.
Ditto for the other life changing meme stocks that I HAD to buy yesterday.
“Just buy it until it stops going up, bro!” is not a strategy.
In the real world, I’m looking at share structure, management, jurisdiction, catalysts, cash position, and a host of other real metrics that serve as tools to inform the buy/sell decision.
Life changing gains are possible.
I’ve done it with real estate, I’ve done it with junior resource stocks, and I’ve helped build several companies that diversify my revenue streams.
Heck, I moved out of my house at 15 by selling my baseball card collection.
I’m speaking from experience. The process requires discipline, patience, diligence, a lot of hard work and a very clear thesis on why any speculation or investment is made.
Even with a process that’s refined, every day I still make mistakes, but when I’m wrong I’m clear about why.
But if a process isn’t your thing, let me tell you about my new SPAC, Silver Blonde Crypto Gold Nuggets.
Just kidding.
But here is a real company that checks many of the boxes on my real-world diligence list.
Let's get it!
Gerardo Del Real
Editor, Daily Profit Cycle
For the past decade, Gerardo Del Real has worked behind-the-scenes providing research, due diligence and advice to large institutional players, fund managers, newsletter writers and some of the most active high net worth investors in the resource space. Now, he is bringing his extensive experience to the public through Daily Profit Cycle, Junior Resource Monthly, and Junior Resource Trader. For more about Gerardo, check out his editor page.
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