Ely Gold Royalties Inc ELYGF

RE:Good Price

[Shylockreturns]

feenewbie -

You continue to miss my point.

Anything a stock has done in the past is TA.  But it does not predict the future.

You are correct in that most investors/speculators are emotion-driven.  I learned of that trap decades ago.  It causes peaks and troughs.

When you are dealing with the gold sector, it is virtually singular in its behaviour because of factors I have previously mentioned.  Yes, the shares are subject ti rising and falling as are all shares, else there would be no opportunities created for those who buy and sell them.

The point I am trying to convey is that gold is subject to forces not usually applicable to other sectors.  It can move on a dime or less . . .   If you are out of place, you will get left behind or earn far less on your stake than you could have.

Follow this action any way which you perceive works for you but all it will take is one very bad burn and your views may be modified.

Right now, Ely is a strong buy as it is not going to fall a great deal further and regardless of the resolution of the election fiasco in America or macroeconomic factors in all other countries, all central governments are going to have to spend vast fortunes to keep their economies in a state which even just resembles viability.  This is akin to jet fuel to the gold sector.