@stevek said:
I'd sure hate to be trading gold long on margin, in at 4,000 or higher.
Unless I didn't mind losing my house and moving into a cheap rental apartment. Hopefully the heat works, as winter is coming.
Volatility is part of the recipe. Chin up and STACK ON
The shorts are having a good time right now. The longs not so much.
Yes, bet with your head, not over it. The problem with this situation is that most folks don't listen to good advice. They only see visions of sugarplums.
I like gold, however I've said this years ago and still say it. In my view, the best way to buy gold is thru PCGS graded coins whereby there is not only gold value there, but numismatic value as well. Then you can enjoy the upward ride, without the stomach ulcers incurred during volatility.
Comments
We did test it. We need to base here or go flat for a while. We were WAY overbought...by some measures, the most in 15-20 years.
kitco and futures have both broken 4000
Already was.
Gold trading today. It's like everyone was watching to see what the other guy was going to do before making a decision. 😐
That pretty much sums up everyday in the 25+ years I've been buying the metal. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Yep, me to. LOL
But this 4k number, considering all the chit going on out there, just seems to be a bit more special than usual.
We shall see which way it goes. 🤔
My US Mint Commemorative Medal Set
3,919.80
-99.90
(-2.49%)
I'd sure hate to be trading gold long on margin, in at 4,000 or higher.
Unless I didn't mind losing my house and moving into a cheap rental apartment. Hopefully the heat works, as winter is coming.
Volatility is part of the recipe. Chin up and STACK ON
COPPER is gutter !
The shorts are having a good time right now. The longs not so much.
Yes, bet with your head, not over it. The problem with this situation is that most folks don't listen to good advice. They only see visions of sugarplums.
I like gold, however I've said this years ago and still say it. In my view, the best way to buy gold is thru PCGS graded coins whereby there is not only gold value there, but numismatic value as well. Then you can enjoy the upward ride, without the stomach ulcers incurred during volatility.