Average down : if you buy at $2, and it goes down to $1. You buy again at $1 to average down. If it the go bust, your loss is limited to $1.5.
the shorts are averaging up : they keep adding to their short positions in an effort to drive down the price. The upside for gold is UNLIMITED as there is no limit how high the Gold price can go. Good luck to the short frausters.
NCM Price at posting:
$30.95 Sentiment: Buy Disclosure: Held
