Agreed. Thanks for the detailed response. I think it's great...

Agreed. Thanks for the detailed response. I think it's great that you take the time to share your view which does apply depending on your timeframe etc.

I wouldn't hold a stock longer than the peak. That usually happens 3-4 times a year.

However, as I discussed in the Weekend report:

"The ONLY reason gold started a bear market in 2011, is because the Federal Reserve announced a winding down of their bond purchases, higher interest rates and an end to the monetary easing.
Well, they have not even begun to sell the bonds off which was meant to occur prior to an interest rate normalisation. Know why? They’ll crash the bond market. And after 4 years, where are interest rates? 0.25% "

http://www.chamberofmerchants.com.a...lections-weekend-report-5th6th-november-2016/