IncomeSharks

You should have multiple reasons for buying an asset. Everyone being bearish might be one reason, but it's not enough on its own to take a trade.

There's a reason people don't sell near ATHs, look at how strong herd mentality gets. Doesn't matter the asset, bullish cults forms at tops.
Conviction is holding at lower prices through all the ups and downs. Delusion/greed is getting to euphoric tops and wanting even more.

It only took 55 years for the price of $SILVER to catch up to inflation.

$SILVER demand (blue line) has increased with usage in solar panels, electronics, and AI. However, mines are still producing (yellow line) double what's being used. Great conditions for traders, terrible for late buyers buying into "shortage" hype.

In 2009 you saw commercials where companies were offering to buy your gold. Cash4Gold ran a Superbowl ad. Central banks were the biggest buyers (Russia, India, and China).
In 2025 every commercial/ad you see is companies selling Gold to retail.
You are exit liquidity.

The "Nothing Ever Happens" trade about to play out. None of these have happened this year:
- Epstein client list released
- Russia x Ukraine ceasefire
- US x Venezuela military engagement
- Putin meets with Zelenskyy
- Bitcoin reaches $120,000

Unless you buy an asset on January 1st YTD is such a pointless metric. The only thing that matters is how much an asset is up when you bought it.

$ETH outperformed both $GOLD and $SILVER this year. It was the better trade, but not the better hold.

GDP numbers get released tomorrow after being delayed. Should be impactful for markets.

Always interesting when you see $OIL moving up and then you check Polymarket to see what's happening in the world. Chances of another strike on Syria suddenly showing a move up.