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19/02/19
12:17
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Originally posted by AverageJoe:
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It's all about capital gains for me, I'll let smarter folks like yourself worrying about dilemmas the Feds are facing and indeed all the developed nations potential Armageddon event! From the post-GFC history, we had the first 'dry' run back from 2009-2011 as the goldbugs worry about all that money printing causing hyper inflation. The opposite happened despite all the smart brains in Economic schools of thoughts conclusions. As we all like to speak long term, the monthly gold chart suggest since that disappointment in 2011 and the sell off occurred right through to 2013, 6 years of side way action suggest a status quo of bulls and bears. I look for visual measurement, not gut feel emotional bias. There is only price, nothing else matters and least of all what I think.
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I don't understand why you wouldn't use every tool available to you to try and eek out an advantage. I'd imagine it's just laziness, which is what most "traders" really are.