Little Johnny, drawdown not lost money. I made it back physically but had to wait years later at the expense of opportunity cost! In that respect I 'lost' money on some very opportunistic longs that I did not have risk capital left.
Am I suppose to believe that the difference between my chart and yours is the fact I got it wrong? As you can see trendlines are very unreliable as I have demonstrated and unconsciously can make drawing them bias.
But do post evidence rather than statements mocking the so called goldbugs.
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Ready for next leg up, page-327
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