He makes big bucks as a salesman and tech guy for Dell. The pawn shops are his escape for retirement. He's diversified. He's a smart guy. He's as dainty as Big Foot but he is a borderline genius. We call him Sheldon.
Any silver forecast past 3 months is basically dart-throwing. Too many macro variables — dollar, industrial demand, ETF flows.
And world events. You'd think PMs would go up during uncertain times, but they have not. It's when things stablize and the normal inflation goes on is when PMs head straight north again, based on recent market moves.
3 weeks is too much. Tons of hot money in the sector....who knows how much more might come in once the AI/Memory stocks turn over.
Anybody up on the SpaceX IPO? @GoldFinger1969 ? I've been following a specific speculative mutual fund that has about 28%-32% SpaceX pre-IPO holdings. I put money into the market in one of three categories: investment, speculative, gambling. This one falls squarely in the speculative category. Baron Partners Fund Retail Shares (BPTRX) They hold an incredibly limited number of equities, both public and private. Over 50% of their holdings are in SpaceX and Tesla. Needless to say, Tesla is publicly traded and following the movement in the share price you can surmise what the price of BPTRX will do that day. At this juncture nobody knows what SpaceX will trade once the IPO is released. That could/should materially effect the price of BPTRX. Most analysts are expecting SpaceX to hit the market between $1.25 trillion and $2 trillion. Obviously this would be one of the richest IPO's ever. I've been tracking this mutual fund for about a month. So far it's been trading between ~$240-$250. I'm very curious what it'll do after the IPO. Thoughts anyone?
