GREY:ALXDF - Post by User
Comment by
goldopportunityon Nov 06, 2014 12:32pm
201 Views
Post# 23102445
RE:Gold where it's going and how profit from it
RE:Gold where it's going and how profit from itHi Nelson11 -- I enjoyed reading your post here as it provides conventional wisdom insight I would expect from someone with a B. Comm degree.
When dealing with gold stox I have to look outside the box in my investment strategy. I pick companies that are obscenely under-valued imo (i.e. azx, mgp, icg to name a few) and trade where I can, and treat every downtrend as a buying opportunity. In a way, I'm simply dollar cost averaging. But more than that, I try look at the big picture going forward: sp+pog+ta+fundamendals+sms+usd+debt+sentiment+ratios+potential. And to my way of thinking, i treat the extremely low sp of each of the above to be like a cheap option on gold going forward. Jmvho.
Have a good day!
goldopportunity