Ironically someone I know is heavily short silver and gold. 100% of their portfolio at 5x leverage. I wouldn't short silver just because some Hollywood dipshit bought in. AEO makes poor quality junk and had been flashing profit warnings since the first tariff conversations last year. It was a good short, but her cult are extremely stupid.
I lost 68% on the AEO trade in the end. It's not good but I bounce back. I wasn't stupid enough to over-allocate. Only 1% of the portfolio, so the loss is tiny, just an ego hit more than anything else. My first failed trade of 2025.
Ironically someone I know is heavily short silver and gold. 100% of their portfolio at 5x leverage. I wouldn't short silver just because some Hollywood dipshit bought in. AEO makes poor quality junk and had been flashing profit warnings since the first tariff conversations last year. It was a good short, but her cult are extremely stupid.
I lost 68% on the AEO trade in the end. It's not good but I bounce back. I wasn't stupid enough to over-allocate. Only 1% of the portfolio, so the loss is tiny, just an ego hit more than anything else. My first failed trade of 2025.
Make sure they don't kill themselves next year.