A gamble is just a gamble; it could go either way. And who wants to bet against gold? It was the star performer for the last 26 years...and the most reliable performer since the Flood
Good one today Bill. At 0500 EST it looked like the world had fallen apart. At 0700 after DJT posted a hold off in taking out Iran's power systems metals bounced back a little, oil came down a little, the DOW went from -1000 pts to +800 points. Many people may have had heart failure but those of us who believe in 5000 years of history just had another cup of coffee and life goes on.
...and contrary to your retort, I did read the article, and agree with it. Been holding physical gold since 1991. Not selling an ounce. In fact, the signs of a top were everywhere: all the radio and TV ads to buy gold. Same for the market: all of the "we're a fiduciary" Fisher ads. Mom&Pop finally buying in.
Has anyone developed a program to make money speculating in the TACO trade and it's reversal? Perhaps by following the trades of the insiders who went short on oil and long on the S&P right before Trump's energy infrastructure bombing was postponed. Also does anyone know if Trump believes in supernatural forces. His tweet includes this: "witch will continue throughout the week"!
Or grammar check. Lots of errors that would have gotten me a D back in 8th grade English. Maybe he needs a stern looking nun with a ruler looking over his shoulder when he composes his messages.
Well Bill, here again you connected some dots, even though they are the same dots you have connected many times in the pass. No TDS in GOLD. I know it is difficult for you to connect dots and at the same not integrate Trump into the downfall of all the world's economies. And while your missive today is very old in its message, it is consistent, and while not new, it is appreciated.
Very good article, thank you for sharing it. What I especially appreciated is how clearly you articulated why one should hold gold in the first place. When an investor does not truly understand why something is in the portfolio, whether it is gold, stocks, or anything else, it becomes extremely difficult to stay disciplined when prices fall sharply. In that sense, clarity of purpose is often more important than price movements themselves.
Good one today Bill. At 0500 EST it looked like the world had fallen apart. At 0700 after DJT posted a hold off in taking out Iran's power systems metals bounced back a little, oil came down a little, the DOW went from -1000 pts to +800 points. Many people may have had heart failure but those of us who believe in 5000 years of history just had another cup of coffee and life goes on.
Jim Marshall
LOLOL…gold dropping faster than a stock after I buy it!
So, much for commenting (even kiddingly) about an article without, apparently, reading it.
C'mon, laugh a little!
...and contrary to your retort, I did read the article, and agree with it. Been holding physical gold since 1991. Not selling an ounce. In fact, the signs of a top were everywhere: all the radio and TV ads to buy gold. Same for the market: all of the "we're a fiduciary" Fisher ads. Mom&Pop finally buying in.
Has anyone developed a program to make money speculating in the TACO trade and it's reversal? Perhaps by following the trades of the insiders who went short on oil and long on the S&P right before Trump's energy infrastructure bombing was postponed. Also does anyone know if Trump believes in supernatural forces. His tweet includes this: "witch will continue throughout the week"!
Could be DJT was attempting to invoke Glinda, the Good Witch from the North...
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He deleted the first version and reposted with the correction...
just 18 minutes later....
Imagine, it only took 18 minutes!.
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I reckon Trump doesn't use spell-check... witch is y he is a jenius!
Or grammar check. Lots of errors that would have gotten me a D back in 8th grade English. Maybe he needs a stern looking nun with a ruler looking over his shoulder when he composes his messages.
Well Bill, here again you connected some dots, even though they are the same dots you have connected many times in the pass. No TDS in GOLD. I know it is difficult for you to connect dots and at the same not integrate Trump into the downfall of all the world's economies. And while your missive today is very old in its message, it is consistent, and while not new, it is appreciated.
Very good article, thank you for sharing it. What I especially appreciated is how clearly you articulated why one should hold gold in the first place. When an investor does not truly understand why something is in the portfolio, whether it is gold, stocks, or anything else, it becomes extremely difficult to stay disciplined when prices fall sharply. In that sense, clarity of purpose is often more important than price movements themselves.
Speculative, lucky , connecting the dots, lucky. Forgot one thing-fake money.