King World News gives we gold bugs a bad name."
Predicting the price of gold always ends in tears, regardless of whether you are a bull or a bear.
"If circumstances change, I change my mind. What do you do sir?"
Go with the trend, then all you have to do is decide if it's the shirt term or long term trend you want to go with.
IMO, short term trend down, long term trend up. I tend to follow the latter, because I'm crap at picking then intermediate tops and bottoms, and just end up losing stock and never buying it back....!
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