NCM newcrest mining limited

Chart NCM to Pop Soon Gold Breakout, page-375

  1. 1,690 Posts.
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    You ask, "where does the money go, it can't just dissappear" .

    Well yes it can. Take AGL for example, if you hold and the share price falls 20%, where did the money go? You might say, it went to the seller of the stock, but if the price opens 20% down that money is gone, it is lost in the revaluation of an asset, never to be recovered unless the stock price recovers. The reason that gold is lagging is because the majority do not believe that excessive money printing will cause rampant inflation. I hold stock, physical gold, and cash, because nothing is for certain. But do not assume that all the money can/will retreat to the sidelines. There's a whole new crop of cashed up investors that have no idea what a crash looks like let alone know how to manage one. You can read a bunch or books, but the most experience investors are the ones that had lost a truck load, and survived to apply that knowledge.
    Last edited by swaggytrader: 21/09/21
 
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