Sherritt International Corp T.S

AVERAGING DOWN IS TOO RISKY FOR ME

[CommonCents123]

GLTA  -  I won't risk anymore hard earned money. Too much invested to sell, not enough confidence to buy.  It's a terrible place to be. I still think the mkts will crash. I thought it would have happened last year in the fall but maybe this year. 

Gold is a fear play, so the reason its going up is because everyone in the knows that things are not good. When things are fine, interest rates control gold. We did see that when the USD was up, gold was down.

Not sure what the FEDs game plan is but I'm suggest they're propping up the market. There's so much money on the sidelines waiting to jump in on a drop.

Crazy times for sure. God speed, God bless!

[Sanguinity]

The inverted bond yield is nearly a guarenteed hargbinger of a recession coming, and a correction to the markets.  Healthy in its own way, but brutalizing for those looking to recoup losses.   My old addage, earned from too many of these downturns, is that you lose capital far faster than you can garner capital gains. I'm with you, and withdrawing everything by taking

[CommonCents123]

Another couple of likes from me pal. Hoping Warren Buffett is right...Sell when people are greedy and buy when people are fearful.  This might be the year. I'm thinking some false flag operations in the middle east, eastern Europe or China. But who knows maybe north Korea or maybe even Cuba.  Fingers crossed for all of us! I'm mostly cash now. Waiting for banks to fall too

[Sanguinity]

You and I really are the brothers from another mother.  Mr V was half right!  I am of the same thinking around where I might put money back into the market as the dust clears. Likes right back at you.