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24/09/20
22:06
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Originally posted by SoConfused
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Who said I think that gold can only go up day in day out? Your posts are getting sillier every time you say something. I agree that the gold had a major run and it pulled back assisted by the increase in USD on top of everything. Can it go lower? Yeah sure but it can also bounced back, go sideways or government can make illegal for one to own gold or put taxes on it etc etc
My question to you was simple as I thought of you as one intelligent poster here so I tried to understand where that 25% was coming from and 25% down from what point and you got all smart about it for no reason. No one knows for sure where gold will end up at what time unless you have a time machine. I am not a trader so I have a long term view on that. I hold some gold already 20 years and I intend to hold it for another 20. I am horrible at trading so I don't dare to try to guess gold movements.
This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.
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It was just an analogy just like Apple was perceived to only go up. If you had kept gold 20 years and will be replicating that time in the future, a lot can happen in between. Why do I get the feeling we have had our differences?
On such a long Term hold the current condition is equivalent to a pip movement in FX speak! Hardly an excuse to raise any eyebrow.