OTCPK:MEAOD - Post by User
Post by
larryscrooks180on Jul 26, 2017 3:31pm
144 Views
Post# 26512859
Gold is on the move.
Gold is on the move. To paraphrase Peter Lynch:
Price is the boat in the water. Value is the anchor dropped and sitting on the ocean floor. The rope between anchor and boat are its volatility. The waves are events. Gold is not volatile, its rope is not long from boat to anchor. But Gold is in a tiny, private ocean where some kid can make waves any time he wants to push the price as far away as he can from the value.
Investment means buying with money you do not need for a long period of time. Anything less than a 5 year time horizon is not an investment in a business, it is a speculation on a stock. Gold along with select gold stocks are a hedge for all your investment risk and should be held.
Addendum, I was not pointing a finger at you fruitvale, though continual dissection of Metanor without laying your money down seems totally futile to me. Surely you have better places to be.
Congratulations on your trades or investments.
Quit working so hard to begrudge Metanor shareholders the same.