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wallisd366

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07/07/22

13:33

Post #: 62421070
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Originally posted by AverageJoe: ↑

A few things I have experienced in the past and that cliche of 'markets can be more exburence then solvency' shortened version says that a bottom ot top can never be accurately predicted.

I rather wait for the low in place then find some technical evidence of a bounce to start contemplating. One never know if a bounce in a bear trend, currently not defined yet, is just that. For some there is a subtle difference by the size of a fall (momentum) v small but consistent falls (trend change).

Nothing in this game is easy and the problem I find with reading too much about fundamentals is that it takes a long time to reflect in the trend assuming these type of arguments are sound in the first place. Gold as a hedge of inflation, market crash fear or USD debasement goes back to my first sentence.

Based on me observing during the pandemic crash is that in panic selling, they sell everything. A risk asset recovery will rub off on everything. Will it be a V, U or W is always what punters try to anticipate.

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What's your current sentiment on Gold and Gold stocks? Are you buying, selling or maintaining. Can you let us know when above changes? I'm struggling to decifer your posts.

Last edited by wallisd366: 07/07/22
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