damn a newbie just bought gold last week🌚
N
The current phase is about discipline—hold back, be patient, and don’t rush to buy the dip. The timing isn’t right yet, so avoid adding positions prematurely. If you’re using leverage, remember to reduce it first and wait for the right opportunity.
The recent sharp drop in precious metals, especially gold and silver, is essentially the U.S. government sending a message to the market: “You can explore other assets and even consider alternatives to the dollar—I’ll appear supportive on the surface, even showing a weaker dollar.”
But remember, I am the market maker. All it takes is a slight adjustment in the rules—whether through the CME consistently raising margin requirements, Walsh taking office, or other measures—which signals that when market risks arise, where is the safest place to be?
It’s still the U.S. dollar. The dollar remains the safest asset, which is why speculative capital ultimately flows back to it. Dollar hegemony, for now, remains unchallenged.
$Micron Tech(MU.US) $Sandisk(SNDK.US) $Alphabet(GOOGL.US) $Alphabet - C(GOOG.US) $AMD(AMD.US) $SPDR Gold Shares(GLD.US) $iShares Silver Tr(SLV.US)