Countries around world experiencing loss of housing values.
Sweden feeling the pain the last 2 quarters as prices slip avg 15%
Many younger buyers have not experienced a downturn which is affecting
economy in general. European Union countries feeling the pain
Closer to home. Numismatic coinage Premiums have risen substancially during
and since pandemic. even as gold/silver treaded water mostly.
Personally, Im offloading gold & silver coinage that carries a good premium
and values say $500 +
Lack of Discretionary income IMHO will pull premiums down
Ready, Get Set, Ka Boom
O/T Global Housing Mkt/ Coin Premiums
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Re: O/T Global Housing Mkt/ Coin Premiums
Update Dec 12, 2022 Here i go again, and it a total blast, Exciting Times
The last several months seem to have been very easy
pickins for Investor/traders like myself.
Massive profits taken from Silver options puts as Silver
dropped to around $18, I took huge profit & reversed my
total position acquiring Silver Call options, going Long mkt
So now with silver some $5 per oz higher or $25,000 per
futures contract, my Call options are now making another
small fortune, so im committed to hang in as the options
have some 15mo until expiry. So protecting 70% of profits
with my Profit Stops, and willmove accordingly if mkt goes
up.
So experience tells me Crude Oil is way oversold to downside
in $70's per barrell. Since futures are so volatile and costly
i have elected to buy Crude Oil Options, that have months
to expirary, just like my silver options. I am considering
this a no risk trade as my silver trade is making big $$
I am targeting Crude at $90 longer term(say 6 mo)
Trick is to be able to afford enough options to make a
difference if mkt goes my way. 200 options seems to fit
my portfolio so here we go. Speculating all the way, sitting
by fireplace in rain, at my ranch, out in boonies, with
satelite internet & TV service
Doesnt get much better
The last several months seem to have been very easy
pickins for Investor/traders like myself.
Massive profits taken from Silver options puts as Silver
dropped to around $18, I took huge profit & reversed my
total position acquiring Silver Call options, going Long mkt
So now with silver some $5 per oz higher or $25,000 per
futures contract, my Call options are now making another
small fortune, so im committed to hang in as the options
have some 15mo until expiry. So protecting 70% of profits
with my Profit Stops, and willmove accordingly if mkt goes
up.
So experience tells me Crude Oil is way oversold to downside
in $70's per barrell. Since futures are so volatile and costly
i have elected to buy Crude Oil Options, that have months
to expirary, just like my silver options. I am considering
this a no risk trade as my silver trade is making big $$
I am targeting Crude at $90 longer term(say 6 mo)
Trick is to be able to afford enough options to make a
difference if mkt goes my way. 200 options seems to fit
my portfolio so here we go. Speculating all the way, sitting
by fireplace in rain, at my ranch, out in boonies, with
satelite internet & TV service
Doesnt get much better
Re: O/T Global Housing Mkt/ Coin Premiums
Morganman
From your Post , it would seem that Nusmismatic valued coins are on the rise dollar wise ? AKA increase in value ?
Just clarifing your Sage Wisdom , I listen to your wisdom and truly Love thinking about it .
Keep up the education of us thru your POSTS !!! I truly enjoy your posts on these topics !!!
Thanks
John
From your Post , it would seem that Nusmismatic valued coins are on the rise dollar wise ? AKA increase in value ?
Just clarifing your Sage Wisdom , I listen to your wisdom and truly Love thinking about it .
Keep up the education of us thru your POSTS !!! I truly enjoy your posts on these topics !!!
Thanks
John