RE:RE:RE:RE:RE:200 day moving average for gold1condor wrote: Dixiedee...What is concerning is it seems you are placing a very big bet on this one. I am assuming this is just "gambling money" for you as this is a very speculative (aka high risk play) on the sector. Good to always have a gold producer in your back pocket...where the odds are better for a decent/consistent return. Plus relieves some of the pain if NFG doesnt work out as planned.
I wouldn't call it gambling but highly speculative but as the derisking pushes forward the eventuall pay off could be substantiall but you are correct to caution people to invest within their limits I personally do not use leverage at all while investing in the market I have used leverage on real estate investments
over the years but even there I never over leveraged debt puts you out of control with your investments