A man who is very experienced in buying and selling things called stocks, says that sometimes people make mistakes when they buy stocks too quickly without thinking. He tells a story about how he learned this lesson many years ago when another trader told him to buy something called "old market" because it seemed like a good deal, but then the price went down and he lost money. The experienced trader said that buying things too fast can be very risky and make you lose your money. Read from source...

- The author seems to have a strong bias towards traditional financial markets and dismisses the possibility of success or value in other domains such as crypto or technology. He uses derogatory terms like "fine citizens" and "mumbling incoherently" to describe younger traders who are more familiar with these fields. This shows a lack of respect for diversity and innovation, and an unwillingness to adapt to changing times.
- The author admits that buying into a raging vertical ascent is the ultimate demonstration of trader's hubris, yet he does exactly that by saying "I gotta buy silver, and I gotta buy it NOW!" This is hypocritical and shows a lack of self-awareness and discipline. He also fails to provide any solid evidence or reasoning for his bullishness on precious metals, relying instead on vague notions of septuagenarian wisdom and technical indicators that have already proven unreliable in the past.
- The author's emotional attachment to the cartoon above his trading terminal is irrational and likely influenced by confirmation bias. He uses it as a reminder of what not to do, but he does not seem to realize that he himself is making the same mistake of letting greed and fear cloud his judgment. He should be more objective and rational in his analysis, and consider other factors such as fundamentals, risks, and opportunities beyond his preferred domain.

Positive

The article discusses the technical analysis of the precious metals market and the author's experience as a trader. The overall sentiment of the article is positive, as it highlights the strength of the market and the potential for further gains in the future. The author shares his wisdom from decades of trading and offers advice on how to avoid the pitfalls of greed and overconfidence. He also points out that despite recent volatility, the long-term trend remains bullish.

Given the information from the article, it seems that there are several potential investment opportunities in the precious metals sector, particularly gold and silver. However, there are also significant risks involved, as demonstrated by the volatility and unpredictability of the market.