This guy came into my feed today. I've never watched him before, but besides being an apparent gold bug, much of what he is saying is true. There's been a huge contraction in who owns corporate media and who controls most investment products. Monday, August 5 scared the elites because they can't have this thing headed south like a runway freight train before the November elections (if there actually will be an election). I asked my day trader friend how many favors are being called in by the establishment to keep the stock market above water, especially before Kammy's coronation next week and he said, "lots".

I'm too old to take another 50+% contraction on market based equities before I retire so most of my stuff has had little exposure to the market during the last year. Yeah, I haven't gotten in much on the sugar high for the last 3-4 quarters but I'm not going to take a 50%+ bath when it comes. And it will come. Good luck boys, you all know how much you're willing to ride the slide down.

https://www.youtube.com/watch?v=2OkuJRgzHXE

P.S. For those who whine that I never actually trap, I do plan to kill some coon this year and put them up. There's just way too many around the places I hang out and they need to be thinned. I do like putting up fur and see how it rates against everyone else's that go to auction. BBQ'ed back coon legs are pretty good as well if you do them right. We'll see what November and December bring...

The bankers and the finaciers, and the Federal Reserve are the enemy of the working class man; even government workers; they have sold this country out. And the Gov officials are their pawns.

It don't matter about D or R, or even conservative vs. progressive liberal. The only thing that matters is keeping this fiat dollar scam going. They will wage war, kill innocent people and children, destroy borders, and even try to assassinate their opposition. The only thing that matters is keeping the scam going and the US dollar afloat. That is why we are headed to WW3.

I'm a contrarian as much as the next guy but there are ways to leave your money in the market and protect it from a large downturn

Agree.

How does one do that without limiting any potential gains. Even if one tries to protect himself by keeping what you have and selling a weaker sector to protect against a downturn, you are still locked into that spread, which if only you break even it still costs commissions. If you think your stock is about to tank why not dump and get back in cheaper and get back in on only one commission? Most of the protection programs amounts to insurance of a type and insurance isn't free!

In case you detect I don't know much you are right, I have traded very little stock in my life.

How do you protect something you don't have control of? Not a single one of you can control your next heart beat.

Honestly, I believe many in this country NEED to lose much..............maybe then they will awake and see what they need.

The Lord has blessed me greatly financially the last few years but I'd gladly lose it all if I could save another soul from eternal damnation through the gospel of Jesus Christ.

I challenge all of you He has blessed to give away much of what you have accumulated and begin to truly serve others. Pour into them and give them hope and joy. We may be headed to WW3 but I know who I will be walking with and who will encamp His soldiers around about me and my family. I do not fear. I love the fact we are living in a time I can see with my own eyes our nation turning against Gods chosen people - Israel. Exciting times without fear as I am grafted in........

May God give our leaders wisdom and understanding and may our nation repent.

In my opinion, most people should just invest in mutual funds and ETFs--I suggest Vanguard. When picking mutual funds or ETFs (at work as part of your 401K or otherwise), I counsel friends and colleagues to not just pick the ones with the highest returns--it is very tempting. Look for balance and diversification. Hedge. Rebalance as necessary.

It's great to make +20% but I am happy making 8-10% because I want balance and am thrilled when I exceed it. I want to hedge against downturns. When I plan ahead, I very conservatively count on making 4-5% and am happy when I exceed it.

Steven may have other advice. Where's White17 when we need him?

The last Line seems counter productive. The plan is a very bad time on earth. That's what's written and it's what is coming. Shouldn't you/we be embrace the destruction even celebrate it knowing it's all part of the plan? Not wanting the plan to come to be just seem a touch backwards. Kind of going against God isn't it?

I agree with you. In my "play money" account, I have a couple of "short" ETFs. They liked August 5th a lot. And they'll like it when it falls again, especially in an sustained way.

The stock market is made up of air. You are buying something you can not own or have.

Generally, I'm with Steven on this. It is fairly straightforward to invest in assets that are not correlated. In other words, if your portfolio is mainly equities, you can always add some commodities or some fixed income, or even cash.

Of course the time to hedge is when you don't think it is necessary. It is always an expense to put on a hedge, but it is also always cheaper to do so when everyone else is not trying to do the same.

Over time, I have found that USUALLY hedging is not worth the cost. Essentially you are buying an insurance policy that you hope never pays off. Also it can be difficult to get the structure of the hedge exactly right to protect other positions and it is even more difficult to try to time the events that you may be worried about.........and your hedge changes as the market values change.

Generally, IMO, it is simpler and cheaper just to roll with the punches and view the draw down as an opportunity. Have a list of things you might want to own or that you hesitated buying at a lower level. You might get the opportunity to do it over again

As Non-PC Fed mentioned.............short ETF's, or a better word......inverse ETF's can also be used as a hedge. BUT they are not for everyone.
Generally their management expenses are quite high relative to other means of protecting a portfolio. Additionally, if they are leveraged inverse ETF's you must remember that leverage cuts both ways.
Also, liquidity can be an issue on these leveraged ETF's. If trading volume is low on them, then the spread between bid & ask may be wide....and you may not be able to get in or out at the price you prefer. You will be stuck trading at the NBBO which can be less than desirable.

They can and will drop just as fast as they go up. Also a lot of leveraged ETF's are built from options, futures and credit default swaps. These positions all suffer from time decay that lowers the value of the hedge and requires the managers to roll those expiring positions into new ones.....thus increasing the costs of managing that ETF.
If you don't understand options, futures and swaps....then I encourage you to avoid those types of ETF's.

Like Blaine mentioned above, ETF's and maybe mutual funds (I don't like them) are probably the simplest way to go for most folks.

If you find yourself worrying about your investments there is a good chance that you are taking too much risk. Consider reducing that risk by either raising cash by selling something or adding a different investment that is negatively correlated ( moves the opposite direction) with your equity positions.

Gerald Celente has been around for over thirty years and is notable for his "pessimism porn" and his distinctly anti-American mindset.

Over time the markets have an upward bias. I have found that a guy is better off staying invested rather than trying to jump in and out of the market. That doesn't mean to ignore what is happening in the world.

I don't give advice because I'm not an expert and everyone has different expectations and goals.

My question is what can at an older age afford to lose and it's easy enough to set stop losses. A guy doesn't need to hedge per say, I don't run shorts too lazy to learn it.



Let's say your retirement has doubled or tripled over time. e, maybe more. Would it be the end of the world if you lost 15 percent?

I am rambling on here but the one thing I can guarantee is that cash loses value over time. There is no doubt in my feeble mind the inflation rate was much higher than the published figures.

Everyone has a different risk tolerance

Ken gives very good insights.

The best

Gold hit all time high today.....glad I bought some when it was 2k..

Agree also. My greatest gains were made by buying in times a a collapsing market…9/11, the Great Recession of 2008/2009 and Covid. That’s when stocks can be bought at fire sale prices.

As far as maintaining wealth, my largest holdings are at Washington Crossing. A high dollar managed account, with a small number ( usually about 20 ) of stocks . What attracted me to invest there was their great down market capture ratio. Basically, the performance of the stock fund by limiting losses in a falling market, while maintaining good growth in a bull market.

I'm looking at western hemisphere low cost gold producers with "all in sustaining costs" (AISC) of close to or less than $1200 an ounce. Those companies are making a killing. I think the time to buy them is when the over all market drops, those profiable companies get drug down with the rest of the market even though there is no fundamental reason for that.
Physical gold is nice as a hedge, but not really as an investment.

White17- Here's some more "pessimism porn" for you. I'm sure you know of Jim Rickards and probably don't think much of him but the guy can talk without a teleprompter and maybe gives more of a geopolitical view of things (and no, he doesn't believe the Chicoms' are going to have the world reserve currency). I especially like the last 6 minutes or so where they talk about the powers to be can turn off any financial system a person is tied into, their bank accounts, the trading accounts, etc. Maybe in the end the courts rule against them but that takes time and until that happens, "they" can do what they want with your digital abilities.

Anyway, I find him interesting to listen to (and his he does make coin off of his musings in various ways). Happy trading!!

P.S. He never actually says what's in his video click-bait title. That is click bait.

https://www.youtube.com/watch?v=cAOds-aQB1o

Wish I had a dollar for every doomer stock market thread,,,

why is it any ones concern if you trap or not tell them to hoe there own row.

Thanks rex123! I'll have to remember and use that line sometime. Nice action