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slay22

599 Posts.

103

01/03/19

21:17

Post #: 37626724
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Originally posted by Dr.Who: ↑

You need help, that's my gift to you.

I've posted: that I like gold; I've posted that I believe a gold range will increase year on year, marginally above inflation - how is any of that 'downramping' gold? I haven't bragged about anything, I was asked about a short - I answered.

You are right 1.3% is nothing but that is all I wanted for a short trade. Call it my gold dividend to supplement the hold I had since November.

I'll likely buy gold again when I see a green light.

Incidentally, selling is no different to buying - it is just trading in one direction or the other - both legitimate trades. Markets are all about discovering fair value given an ever changing set of circumstances, and with a bit of luck profiting from having an insight into what drives those changes.

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That's all we want from gold is to outpace inflation. I'm comparing to currency not income producing assets. Because gold = money & fiat currency = fiat currency

I really don't know why people would compare against income producing assets, even though gold has outdone the Dow the past 20 years.
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