OTCPK:PGMFF - Post by User
Post by
tdsbon May 30, 2021 11:02am
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Post# 33294012
Don't Let FOMO Guide You
Don't Let FOMO Guide YouThe reason I mentioned FOMO (The fear of missing out) is because to be a successful investor you must be in full control of your emotions, greed and fear, so you can make the proper decision(s). When you see a stock you like and it is going up, don't let FOMO guide you. Take a deep breath, try yoga, or just go for a walk, there are always new opportunities, but you will miss out if you aren't in control of your thinking.
There are a few investors here who are worried about a stock market correction and then a "CRASH." This is coming but if you don't rationalize what is happening around you right now, you might just be missing out on the opportunity of a lifetime for precious metal stocks. We are in a huge Bull Market for gold, $1900 held on Friday. It might retrace a little next week but soon it is going much higher. The Producers are in a sweet spot, they will make a killing and their stocks will gain huge traction. No one knows when the market will correct it looked bad thirteen years ago but The Fed has been able to duct tape the ecomomy together, this of course won't last. I see this madness carrying on until the fall but if you decide to wait the prices for many of these gold and silver stocks will be mugh higher by then and that is for me when I will be looking to exit. Whatever decision you make, it is your decision because you will be the one who gains or loses.