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26/04/16
23:52
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Originally posted by Skol
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r trolling, baiting and pushing people's buttons.
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I'm not 'pushing people's buttons', I merely have a different investment philosophy. When gold was going up in 2010/2011, goldbugs certainly enjoyed pushing my buttons as I expressed the view that nothing goes up forever.
I was right, wasn't I? For the last 5 years gold has been on the backburner as other punts like property and shares have eclipsed gold.
I can prove it if you like, NST is an exception it's gone up 3.5 times in the last 4 years, hardly enough to make you 'ridiculously rich'.
Most gold shares have been absolutely trashed.
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You simply got lucky. You didn't apply any sound reasoning or analysis to reach your investment conclusion. And in the same way, when luck turns against you you will simply just lose it all back.