Shopping Day 🛒

in #gold7 years ago

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I made several purchases today of physical gold, silver, and crypto. This chart shows the recent crash in gold.. not to mention silver is barely above $14.

You have to ask yourself: how low can they go? They can’t go to zero.. so I’m a buyer when there’s blood on the streets!

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You are right, but I have been in GDX while it has moved from $22.4 all the way down to $18.6. It is pretty painful :) I hope this market turn around soon.
Actually, once I sell GDX due to the pain, that will be the bottom :)

Sorry to hear that.. I sold most of my miners a few weeks ago. They have been a terrible trade. We are due for a big bounce.. might be a good time to sell if it can bounce back to the 20’s. I am mostly in cash and scalping TVIX until SPY has a big correction then I think the miners will take off after.. it’s been a tough year for me too though

Like a boss buddy!!! Like a boss

😎👍👍

Buy low. Nice work man!

Don't you want to wait for a bullish signal?

With physical metals, I am buying and holding long term so I just buy when there is weakness. I will just buy more of it goes lower. Precious metals maintain there purchasing power unlike fiat currency

Thats a great news to hear from you.

Buenas noche. Excelente post. Saludos desde Venezuela. Lo invito visitar mi blog. Hasta luego.

Very good information sharing with us " thanks for this post.