Gold – the final bubble, page-4617

Making money against a trend is fun and rewarding , if not for small change.
If you are using nickel and dime then not much skin taken off so that could be fun I suppose

Few people can do it. Can you?

No I can't do it consistently and it does not suit my personality. I know my limits. This is not a game where you take today's pay cheque and just have a casual punt at the casino or greyhound.

And meanwhile Skol plays the averages and beats most people in the long term and doesnt have to stay up all night watching gold price to have his stress hormones rise re BDR tommorow .
What is the difference between buying ANY asset class employing dollar cost averaging? There is no difference at all, you could start today with gold if you like and when it goes up you would fist pump. Prices moves in cycles, even dog sheet if people are willing to buy. There is nothing skillful about Skol beside his MOUTH or keyboard. All his stock calls recently has been going down but you have to understand his strategy, dollar cost averaging rings a bell? He keeps reminding us he sold at his punts dropped but then DCA on nikkei for 15 years??? Isn't that like me telling you that I don't trade counter trend but I brag how much money I have made on this strategy?