Lions! It's Time To Pounce On GLD and SLV. New Stock Picks Posted To TradersChoice. By Gregory Mannarino

in #money7 years ago
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I was talking to by brother yesterday who has over 1m on the stockmarket. He's telling me he's going g to buy a second house because the market is on fire and real estate is pumping higher. I was like are you insane, shut is falling apart. Crazy that someone that is smart and travels can be that out if touch with reality, but that is 95% of everyone I know. Going to be a blood bath at some point.

But that's exactly why it keeps pumping higher, because of money that chases like that. Eventually that money will run out and they will be left holding overpriced assets and they will be scratching their heads wondering how they got blindsided.

Yes, I guess that is what I was saying. People are chasing after yield and don't want to miss out. Just short term memory. Better to be 6 months early than a day late is my current plan. I started to reposition everything in January. I end the reasons I listen to Gregory is because he tells people to prepare and be your own central bank, but also how to use a scalpel and make money out of the short term trends. Very smart strategy. Most people are just buying ETFs which raises sticks like the tide, but when the tide goes out then watch out because when ETFs are sold off even the good stocks will get taken down with the tide.

Spot on mate. Spot on

Ride the wave both up and down. The ability to go short is a godsend imo

Gregory, something must be up for you to recommend these two funds. I always keep a few grand in both to let it ride on top of some gold mining stocks as my hedge. If the world turns over while I'm sleeping then these help me sleep. The overwhelming bad data just keeps rolling in everyday.

Thanks Greg - Would really like to see the manipulation cease...

Hmmm, I wonder if it has anything to do with this unconfirmed story of Russia shooting down one of our drones over Syria today? Anybody got any info? I've seen it mentioned here on steemit this morning but no confirmation on the idiot box that I know of? ROOOOOOOOAAAAAAAR!

Hey Greg. I've been holding gold to hedge inflation. Thanks for the post.

I am my own central bank.

Greg you did make very good points and I thank you for them and we upvoted

Thanks for the picks Greg.

Keep stacking!

Greg advises playing both sides of the trade. That's hardly "stacking" 2 of the contracts he chose when he opened his new GLD n SLV positions haven't even traded a signle contract yet. So take what Greggy the clown says with a grain of salt. "True" market pricing on Greg's trades is disclosed here...

https://steemit.com/greg/@joejustjoe/greg-bananrino-truth-in-disclosure-trading-blog-for-the-week-tahat-starts-today-6-22-17

I put numbers to Greg's trades since he won't or can't. That's likely why he tries to play both sides of the trade. :-)

https://www.traderschoice.net/money-page--stock-picks.html

You're a mad troll

Everything I post can be verified. Not everything Greg posts can be verified. I'm simply providing truth in disclosure. In another spew here you are all "excited" by your GS puts. Greg owns both sides of the trade. The price he paid is disclosed via the link I provided. Even with GS down today Greg is actually still losing money on the trade. Anyone who "actually" trades options can see this. The SLV put contracts he advises are trading at .07 and that's a fact. There has only been 2 contracts bought in the minutes after he posted the trade...and I posted the "actual" trading prices. Bananarino isn't fooling any "serious" traders. :-)

Had 8 puts 2 call putting 3/4 of my account at play manage your risk and life cuz u can sleep when U die

If you use the compression expansion system he sold you'd have a better view of the market. My two cents

peace

Well since Greg just posted the trades today I would "suggest" you check the "actual" trading volumes in both the GLD and SLV Sept monthly expiry puts and calls for today. You will find that Greg isn't trading anywhere near the $$$ amount you are. And thank God for that as the "actual" results of his previous 2 closed trades were posted on my previous Bananarino "truth in disclosure" blog. I didn't catch all of his trades "live!"...just enough to know that he's FOS!! :-)

You don't have a trading platform...
If you did...

You'd go to the order section

Type SLV put sept 14 PUT yes it's at 0.07
check ASK and bid size...
1.9 call 0.07 put
ASK 6420
BID 2534

Here's my GDX buy call via the 7/21 expiry $22 calls. I don't have to take both sides of the same trade like Banana boi does it.

https://steemit.com/gdx/@joejustjoe/physical-gold-is-for-suckas-buy-paper-gold-here-s-why

There is also 2 buy calls on SLV at my blog and I set a limit to sell one of those postions with a 100% gain. So I don't mind if Greg is right on SLV if it is "time to buy" as he says. I already knew that yesterday. I don't have to make sure people know to "hedge" every call I make like he does.

Happy with my profits. I'll sell my puts soon. Or... I'll add to my puts till next week... long over the weekend... Can Monday come quicker? Thx

I'm making 800 USD

800USD roughly 1200 CAD is two week pay in Canada

A bit lower now... let's wait and see what I do

Lions

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