RE: Reality Check - The Way it WorksIf you have executed what you said you have………….then you really have had a lapse in judgment!!!! Certainly not the most efficient way to secure profit!!!!!!!
With the USDX breaking down…………..the rise in the POG is immanent, whether you like it or not!!!!! Foreign investors hold approx. 40% of all US debt……….and their return is diminishing by the minute!!! Do you think they will continue to support the USD at this torrid rate??? Not likely……….although they will not let it tank completely!!!
…..but it’s your portfolio!!!!!!!
Bottom fishing is a better strategy and wait for a double….. then sell half of your position!!! ………and if you’re lucky you might see two doubles (at this price) when gold equities run!!! When things get “Frothy” sell your position and wait for another buying opportunity!!! (i.e. POG up and equities lagging way behind…………..THAT IS THE CURRENT SITUATION)!!!
Good luck to everybody!!!