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TIL that I should make decisions based off of C2BP conjectures. Fancy that.
Quote:
Originally Posted by C2BP
I have this feeling that most of you here are missing this new bull market in gold and silver. I told you all long time ago to buy gold and silver stocks.
How come I am the only one who is lauging all the way to the bank this year with gold and silver stocks + physical holdings?
Who said you can't time the market? I waited since 2011 to buy gold and silver stocks and loaded up during the 1st quarter of this year when I got the buy signal. Timing is everything
Remember, it's going up, up and up for the next two years
I have this feeling that most of you here are missing this new bull market in gold and silver. I told you all long time ago to buy gold and silver stocks.
How come I am the only one who is lauging all the way to the bank this year with gold and silver stocks + physical holdings?
Who said you can't time the market? I waited since 2011 to buy gold and silver stocks and loaded up during the 1st quarter of this year when I got the buy signal. Timing is everything
Remember, it's going up, up and up for the next two years
If we all agree that you are light years ahead of everyone else in investing wisdom, and that it is agreed that the only sensible investment for the next two years is gold and silver, would you agree to stop pumping them here?
gold and commodity's are not about time in the market , they are only about timing the market .
the problem is the drops happen so fast when the trend ends that by the time you realize the trend is ending and it isn't just a temporary dip you end up giving up a pretty big part of the gains
commodity's are one area where being a hog can get you slaughtered . i think one day has been my shortest hold for GLD and KMI and 2 weeks about the longest recently .
they have been so volatile i have been buying the big dip days and selling the recovery back on both . so far i paid for this year and last years health insurance which is thousands with my little bits of trading which aside from just fun is the goal . .
I'm long GLD, GDX, GG, AUY, NEM, CDE, SLW, NUGT, PAAS, HL, SSRI, AG and PSLV since March of this year. I will sell when my system tells me to sell. Still holding NUGT and I bought it @ $54.57 . Gold and Silver is going up for next two years.
We have two roads to choose from :1. DEFLATION; or 2. STALLING-STALLING-STALLING-HYPERINFLATION-DEFLATION. The world is choosing the second road since it means being able to delay the pain. The second road means gold and silver is going up for next two years and this is still just the beginning. Nothing is fixed. We've just been stalling, hoping for a miracle and living in a denial.
I'm long GLD, GDX, GG, AUY, NEM, CDE, SLW, NUGT, PAAS, HL, SSRI, AG and PSLV since March of this year. I will sell when my system tells me to sell. Still holding NUGT and I bought it @ $54.57 . Gold and Silver is going up for next two years.
We have two roads to choose from :1. DEFLATION; or 2. STALLING-STALLING-STALLING-HYPERINFLATION-DEFLATION. The world is choosing the second road since it means being able to delay the pain. The second road means gold and silver is going up for next two years and this is still just the beginning. Nothing is fixed. We've just been stalling, hoping for a miracle and living in a denial.
Why not just hold cash if you think there'll be deflation silly conspiracy theorist?
@ C2BP,
Why own so many miners? Isn't one or two miners good enough?
Why not just own the GLD or IAU? and not worry about mines and management?
Why not? All miners were beaten up and flashing a BUY signal. I waited 5 years to buy. I think that I called a bottom in Gold (GLD) in 2016 and I'm expecting a top in 2019. How can I be sure so sure? It's all in the cycles
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and not worry about mines and management?