I’ve got my stop-loss set at 111, just above the horizontal.

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I’ve got my stop-loss set at 111, just above the horizontal.

Considering my personality, I’ve done a good job holding on to my Rivian position, which I managed to buy at a good price (15.70) and has been marching higher irrespective of market activity.

It’s gratifying to see that my sneering disposition toward crypto isn’t blowing up in my face. Indeed, the entire crypto insanity – – which may well turn out to be the biggest financial wipeout in human history – – is looking awfully sour. David Sacks, the grotesque (but chosen) Crypto Tsar of the U.S. of A., has weaseled his way into the White House on behalf of himself and his billionaire buddies to make even more billions off crypto with such monstrosities as the so-called GENIUS Act.
You can see how much good it’s doing:

The market started off down hard this morning yet as is so often the case, buyers are pushing their way forward, trying to reverse the tide. Let’s take a moment to hone in one something specific, however: precious metals.
Silver has had, shall we say, a spectacular year. Once more, the metal has reached a new lifetime high (nominally speaking, of course).
