Luca Meier @LucaMeier: "🪙 𝗚𝗼𝗹𝗱 𝘀𝗵𝗶𝗻𝗲𝘀 𝗹𝗲𝘀𝘀 𝗯𝗿𝗶𝗴𝗵𝘁𝗹𝘆..."

Switzerland

🪙 𝗚𝗼𝗹𝗱 𝘀𝗵𝗶𝗻𝗲𝘀 𝗹𝗲𝘀𝘀 𝗯𝗿𝗶𝗴𝗵𝘁𝗹𝘆 – 𝗯𝘂𝘁 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝘀𝗽𝗮𝗿𝗸𝗹𝗲 𝗯𝗿𝗶𝗴𝗵𝘁𝗲𝗿! ✨📉 Dear Copiers 🚀 It’s that time again — update time! And no, this isn’t another fairy tale about endless uptrends 😅📉 Since my last post, our portfolio has continued to correct (which, as many of you know, was expected and something I’ve mentioned several times). The main reason for this weakness is the $GOLD price, which has dropped about -8.6% from its recent high. As usual with gold mining stocks: when gold sneezes, the miners catch a cold 🤧💰 — and so $GDX (VanEck Vectors Gold Miners ETF) and $GDXJ (VanEck Vectors Junior Gold Miners ETF) have fallen by around -15.3% to -16.4%. Since roughly one-fifth of our portfolio is made up of gold miners, this has, of course, put some pressure on our performance. But don’t panic: those of you who follow my strategy closely know that I warned about this correction two weeks ago. After nine consecutive weeks of gains, it was simply unlikely that gold would make history with a 10th straight week of gains 📉➡️📈 That’s why I decided to hedge about 50% of our gold miner exposure, using short positions in $JNUG (Direxion Daily Junior Gold Miners Index Bull 2X Shares) and $NUGT. These hedges are currently up +136% to +150% 💪🔥 – they didn’t completely offset all losses, but without them, October would have been far more painful. That said, October ended at -6.05%, making it our worst month of the year so far. Not ideal, but still perfectly within the range of a healthy correction. In the short term, I expect a counter-move (B-wave) in gold before we potentially see another larger pullback towards the 3,700–3,800 $ zone. Those levels would be interesting re-entry points to close our hedges and add exposure to the miners again 💎⛏️ I also had a hedge on the $SPX500 via $SPXL (Direxion Daily S&P 500 Bull 3X), which unfortunately got stopped out with a small loss on Tuesday. The U.S. markets still seem to be in party mode 🥳📈 — so for now, I’m staying cautious and just observing. After the recent strength, I believe we could still see another move toward 7,500 points before the next major correction (which we’ll definitely hedge when the time comes 😉). Our China stocks (also around 20% of the portfolio) have been under some pressure as well recently, but I remain optimistic. I expect the $HKG50 to continue its upward movement until around the 28,500 region, where I’ll again look to hedge accordingly 🇨🇳📊 And what about crypto? 💎🪙 Well, our cryptocurrencies are currently dancing the “sideways waltz” — a real rollercoaster of emotions, but without much real movement. Still, that’s just part of the journey. October was our weakest month in 15 months, but such phases are natural and healthy. I encourage all of you: don’t see corrections as setbacks — see them as opportunities. 💡 Those who think long-term, invest regularly, and stay patient will come out on top. Financial markets aren’t a sprint; they’re a marathon 🏃‍♂️💨 — and we’re running it together. If you believe in the strategy, go ahead and like this post 👍, share it with others 🔄, and comment below on how you’re handling the current volatility 💬👇 Stay strong — the most exciting phases often begin when others give up. 😉✨ Best regards Luca