Verified InvestingPublished 2026-08-28
“Fed Chair Kevin Warsh Crashes Gold And Bitcoin As Hawkish Stance Panics Investors”
$PMTSBearish
Short PMTS: Stock at ATH while Gold is 20% off ATH; divergence implies overextension.
I mean, when you have, you know, in January and February, gold was at an all-time high and pneumont was at an all-time high. So, apples to apples, both at all-time highs. Both corrected.
Pneumont went up and made a new all-time high. Gold went up this much, but still 20% away from its all-time high. So, the the thesis, it was a very simple simple thesis, and I love this about investing.
You don't have to be a genius. You don't have to know calculus. I don't remember anything of that stuff. All I needed to know was, "Wait a minute. Pneumont mining went all the way back to its all-time highs, but gold is still 20% off of its all-time highs.
Something's off there." There's the short. And Pneumont today down sharply.