GREY:NEVDQ - Post by User
Comment by
bogfiton Aug 08, 2021 10:02pm
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Post# 33670352
RE:Gold and silver
RE:Gold and silver
Gold and silver - All declining hard today with copper
Yes, isn’t that a shame, but since my PM stocks are valued for future earnings, POG is immaterial. Unless representative of change in trend. However, this simple fact often escapes Wall Street funds trying to CYA, and inexperienced retail speculators.
Bogfit rule no. 1 – Never trade stock you don’t wish to hold for a profit. Sometimes it takes longer to sell higher, but why are you buying the company if you don’t see it as at least a mid-term winner? If you buy for only the short term and the market turns, you’re either unhappy because you’re “stuck” or because you sold for a loss. Either one sucks.
Bogfit rule no. 2 – So look for bargains due to the above on days when POG is attacked, the market often over-reacts.
Would it be too much of us to ask, but could you give us an up-date on spot tonight. I’ll be unavailable tonight in a mad, whirl of social engagements, but don’t lt that stop you from reporting on a regular basis.
b.