Post by
carkissss on Dec 20, 2018 3:26pm
Gold moving
This is getting exciting... I've flipped a few trades in this volatility... Not in the money yet but was able to average down about 30 cents for gsv... Also I can use the capital loss to use in 2018... 2019 is going to be a golden year with inflation pushing Gold to over 1400.... Yesterdays margin call for equities that effected gsv made a great buying opp.... Bank stocks are looking good also, but I'm thinking they are still going to drop more... My guess is the Dow at 22000 when the dust settles... For us Canadians I'm guessing the S&P to settle at 12000... Just my opinion..
Comment by
BobbyJames on Dec 20, 2018 5:32pm
Yea, keep averaging down. Good strategy.Obviously, this doesn't move with gold. If it did, it would be closer to 1.40-.50.It keeps getting sold off and can't hold any gains. No buyout and you can put a fork in this. It will be dead money for a long time. Be careful this isn't monopoly money your playing with.
Comment by
BobbyJames on Dec 20, 2018 11:15pm
Good thoughts goldstd. Right on!