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Just bought an ounce at $1787
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<p>[QUOTE="Clawcoins, post: 4226554, member: 77814"]The train left the station a couple weeks ago.</p><p><br /></p><p>I cashed out on all equities that were profitable.</p><p>Held on to everything else that wasn't to prevent stupid wash sale rules.</p><p><br /></p><p>Cashing out now ... well, the question is</p><p>(a) is the market going to flatten out or rise</p><p>(b) is the market going to continually go down.</p><p><br /></p><p>The current factors are:</p><p>(i) oil price war</p><p>(ii) the virus "may" continue to shut down logistics, which will impact sales, which will impact companies profitability, etc etc etc</p><p><br /></p><p>we can look at the time of impact based upon other geographical areas that are currently impacts, ie, China.</p><p><br /></p><p>Weather will play an important role if you looks at past outbreaks such as SARS, etc.</p><p><br /></p><p>With Gold .. as the fear factor continues it may continue to go up.</p><p>As long as you have a REAL, Defined EXIT strategy "no matter what" then you should be all set. But if you already missed the train leaving the station I'm going to guess "emotions" is driving the buy/sell mantra. And emotions are never good for buying and selling anything.</p><p>Look at the facts, research the facts. Try to determine predictive modeling (ie, maybe guess the future) and base your decisions on that. Just don't relie upon emotions much.</p><p><br /></p><p>Also, buying graded coins is never a good idea if you listen to PM enthusiasts. Remember, as close to spot as possible. All premiums may not be retrievable once emotions and fast moving markets are in play. After all, who want to buy it if gold is on a steady downwards trend at some point ?[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 4226554, member: 77814"]The train left the station a couple weeks ago. I cashed out on all equities that were profitable. Held on to everything else that wasn't to prevent stupid wash sale rules. Cashing out now ... well, the question is (a) is the market going to flatten out or rise (b) is the market going to continually go down. The current factors are: (i) oil price war (ii) the virus "may" continue to shut down logistics, which will impact sales, which will impact companies profitability, etc etc etc we can look at the time of impact based upon other geographical areas that are currently impacts, ie, China. Weather will play an important role if you looks at past outbreaks such as SARS, etc. With Gold .. as the fear factor continues it may continue to go up. As long as you have a REAL, Defined EXIT strategy "no matter what" then you should be all set. But if you already missed the train leaving the station I'm going to guess "emotions" is driving the buy/sell mantra. And emotions are never good for buying and selling anything. Look at the facts, research the facts. Try to determine predictive modeling (ie, maybe guess the future) and base your decisions on that. Just don't relie upon emotions much. Also, buying graded coins is never a good idea if you listen to PM enthusiasts. Remember, as close to spot as possible. All premiums may not be retrievable once emotions and fast moving markets are in play. After all, who want to buy it if gold is on a steady downwards trend at some point ?[/QUOTE]
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Just bought an ounce at $1787
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