| So how do we know when to sell? |
Beforr Trump dies Political instability is one cause that fuels precious metal price rises |
| Probably a good time to buy gold given the news today. |
| Gold rallying. |
| Market timers never learn. |
| Now. Sell. |
| My family back in India have been buying gold every single year, just like millions of other Indians. The men used to grumble about the expense but the women are really smug now. đ |
Oh. because gold is magically going to crash soon? As if market conditions are healthy enough for this risk asset to plummet? |
Gold is great if you don't mind 20+ year bear markets. Joe Schmo investing in a boring boglehead type portfolio will beat you 90% of the time. And they are spending zero time and energy on their investments. |
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Iâve been investing long enough to learn to NEVER chase pumps. I looked at the chart and it was a flat line for 10 years with a massive green vertical candle at the end.
Congrats on anyone who bought in before it pumped, but if you donât own gold currently and thinking about buying at these prices youâre asking to get burned. Rally chasing is a great way to lose money. |
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I'll stick to my Magnificent Seven (minus Tesla), thank you, OP.
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Thatâs a failing strategy. You want ETFs like AGQ, GLTR, CEF and SPPP right now. Inflation is still on the table contrary to whatever bullsht youâre reading. The whole world is also realigning. Anyone saying âVOO and chill!!!â as if itâs just business as usual, and that strategy will pay off, and we arenât undergoing a fundamental reshift of the world order is a poorly informed fking idiot. Buy gold. Wait like 8 months. Sell at the zenith. Hold the money until a crash. And ultimately sell the proceeds into things like global equities, tech and semiconductors when they have crashed. You think this fking ai bubble will last forever? You think PPI and CPI and all this stuff is going great? No. Precious metals are the play for the next few months. There are other reasons but I donât want to get into a two hour conversation on geopolitics and critical minerals and tons of sht you wouldnât understand because this is a forum for housewives who probably donât see beyond S&P index funds. We are in a time of profound shifts unlike any other since WW2. You need the safety of gold. Listen to me. Or hate money. Itâs up to you. |
Even if the world is realigning to other countries being more powerful, theyâre mostly uninvestable. Russia and China are authoritarian dictatorships, Europe is socialist welfare state being drained by third world refugees, everywhere else is poor/despotic/socialist |
No. I handpick my stocks and I buy to hold. I don't do short-term trading. I don't buy anything other than stocks. So far, I've made 20M. YMMV. It takes all kinds. Etc. Separately, I'm amused at all your assumptions about me. Enjoy your trading life. |
| These posters are either lying or have mistaken their luck for talent. Entertaining nevertheless. |