Track record of our longterm investment recommendations
|INVESTMENT||SYMBOL||REF.DATE||REF.PRICE||CURRENT PRICE||TOTAL RETURN||STATUS||STOP PRICE|
|Ethereum||ETHUSD||08/02/2016||7.99 USD||1,920.66 USD||23,938.29%||Hodl||–|
|Bitcoin||BTCUSD||02/01/2016||372.00 USD||32,788.85 USD||8,714.20%||Hodl||–|
|Bitcoin||BTCUSD||06/22/2016||570.00 USD||32,788.85 USD||5,652.42%||Hodl||–|
|Pan American Silver||PAAS||06/13/2019||11.40 USD||28.91 USD||153.59%||Hold||–|
|Equinox Gold||EQX||08/16/2018||5.05 CAD||9.48 CAD||87.72%||Hold||–|
|Physical Silver||XAGUSD||04/01/2016||14.88 USD||25.80 USD||73.38%||Hold||–|
|Physical Gold||XAUUSD||04/01/2013||1,150.00 USD||1,778.24 USD||54.62%||Hold||–|
|TV-TWO (via ICO)||TTVUSD||06/24/2018||0.03115 USD||0.0015 USD||-95.18%||Hodl||–|
|Iota||IOTUSD||11/09/2017||0.46 USD||1.70 USD||269.56%||closed||on April 4th, 21|
|Steem||STEEMUSD||07/17/2017||0.99 USD||1.16 USD||17.17%||closed||on April 4th, 21|
|Hive (Steem Fork)||HIVEUSD||03/26/2020||0.00 USD||0.6533 USD||100.00%||closed||on April 4th, 21|
last update: 22nd of June 2021, 9.27pm CET
Update June 22nd, 2021
Gold and silver did pull back sharply over the last two weeks. Gold is down US$155 from the recent top at US$1,916. A correction/pullback was due but the current phase of liquidity tightening and risk-off in combination with the lockdown in India during April and May (=dramatic slump in physical gold demand) have turned this little pullback into a bigger correction which seems to be still ongoing. Gold is weak and doesn’t want to come back on its feet. We expect more downside pressure in the coming days and probably weeks. Yet, the remaining downside should be limited to something between US$50 to US$150 which gives us a potential bottom between US$1,720 and worst case around US$1,620.
Bitcoin & Co. just experienced another sharp sell-off. We had anticipated the correction in May and posted a strong warning and sell signal in our Live-Telegram channel. However, the depth and sharpness of the crypto crash surprised us somehow too. But of course, “Ethereum doubling” in just a few weeks between mid of April and early May was a clear and serious warning signal. We still see an open gap in the Bitcoin future around US$24,500 which could get filled, but looking at sentiment numbers the crypto sector is in panic mode since a few weeks already. Hence, we believe today’s low at US$29,250 might have marked an important intermediate low from which Bitcoin could now stage at least a larger multi-week recovery.
Update April 6th, 2021
It looks like gold and silver have finally found their bottom after a long and tenacious 8-months correction. With its recent double low at around US$1,676 and 1,678 gold is looking rather promising again. However, it could also take a few weeks or even up to two months until the typical “gold market bottom building phase” is over and gold can launch a new uptrend. To me it feels like August/September 2018 in the gold market…. I now expect some fireworks starting in June or July.. Silver has held up rather well during this multi-month correction but will likely lag gold at the beginning of a new wave up in the sector..
At the same time, Bitcoin and the whole crypto sector clearly remain in a bull-run and have certainly not topped out at all. Instead, I expect an acceleration phase to arrive soon. We are in an alt-season, hence most smaller coins are showings signs of life or have already started to explode. I remain a bitcoin and crypto bull. I think it is just a question of time until Bitcoin will take out its recent high at around 61,3k. Hence, I am patiently hodling and adding on any weakness.
Update March 8th, 2021
Over the last two months, Gold and Silver corrected deeper than anticipated in late December. Now they are becoming very oversold on their weekly charts, while sentiment moves more and more into capitulation territory. This is a good and healthy 7-month correction now. And it is building the launchpad for the next strong advance and up-wave in the precious metals sector. Even though it might be a bit uncomfortable and frustrating, there is noting to fear. We stick to precious metals and think that especially the mining stocks have now become a contrarian buying opportunity again.
Bitcoin and Ethereum on the other side have seen massive gains and are consolidating over the last two weeks on high levels. This rally seems to have more legs and it should only be a question of time once Bitcoin will take out its new all-time high at around $58k.
Update December 30th, 2020
Gold and Bitcoin had a very good 2020. Investors, worried about currency debasement from all the currency creation (money-printing), sought stores of value. Gold surged over 25%, its best year in a decade, while Bitcoin was up more than 300%.
The precious metals sector has likely finished its 4-month correction and should be on the way to a strong 1st quarter 2021. Most mining stocks have not yet really moved as tax loss selling just has ended. At the same time, Bitcoin is reaching a new all-time high above US$28,000 and we recommend to simply continue to “hodl”. The same is true for our Ethereum position. And we are patiently waiting for higher prices to get rid of the alt-coins IOTA and Steem.
Update November 14th, 2020
Gold, Silver and the mining stocks continue to correct as expected. However, there might only be a few more weeks left before the precious metals sector will turn around. As we expect a very strong 1st quarter 2021, we look to add exposure to the sector within the next three to five weeks up until around mid of December. In the meantime, Bitcoin has been taking the lead and it seems as if the whole world suddenly has become “short Bitcoin”. Without a doubt, many new players are running behind the bitcoin train. Generally, chasing runaway prices is not a good strategy but Bitcoin is, as we all know, different. Anyway, we continue to simply “hodl” our bitcoin holdings. The alt coins IOTA and Steem however are becoming more and more questionable. We would like to get rid of them once their prices move at least one level higher.
Update October 11th, 2020
Gold, Silver and the mining stocks did correct as expected. Gold came all the way back down to US$1,850. At that time the uncertainty about a new stimulus package as well as the US-election had reached a short-term top in pessimism. hence since about two weeks all markest move step by step back into risk on mode simply because the perception was to one-sided and too cautious. However, we are not yet sure if the correction in Gold, Silver and Mining stocks is indeed over. But we definitely see Gold recovering further in the short-term. A first potential target size is US$1,965 to US$2,220. All precious metals and all mining stocks as well as Bitcoin remain a hold position.
Update August 14th, 2020
Gold, Silver and our two mining stocks had a nice run up and are now likely to correct over the next few weeks or even 2-4 months. They all are a hold at this time. Bitcoin and Ethereum pushed higher as well and remain a hold as well. IOTA is coming to life and moving towards our entry price. Steem and Hive are a question mark. If they continue to recover we might sell them at some point as those two social media crypto projects don’t really seemed to gain traction. TTV continues to be a total loss on paper however after an in-depth conversation with one of their founders we continue to believe into the project and are willing to give them more time.
Update July 18th, 2020
Gold, Silver and our two mining stock are up.