We've all obviously been conditioned that gold only goes down. After 5 years of it, I think (hope) you'll be slightly upset you didn't hold longer.
But these are miners and miners and gold don't always follow the same tune.
Miners and explorers bottomed? or another head fake?
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Cortopassi
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Re: Miners and explorers bottomed? or another head fake?
Test of the signature line
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dualstow
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Re: Miners and explorers bottomed? or another head fake?
Of course you're right. RING was a light higher a year or two ago and I missed my chance to sell.Cortopassi wrote: We've all obviously been conditioned that gold only goes down. After 5 years of it, I think (hope) you'll be slightly upset you didn't hold longer.
But these are miners and miners and gold don't always follow the same tune.
I'm still comfortable holding real gold, and I bought more when it was really beaten down, but I don't think the miners are for me.
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murphy_p_t
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Re: Miners and explorers bottomed? or another head fake?
looking back on this thread, I can now see I was a year early from the optimal time to get into mining shares.
Re: Miners and explorers bottomed? or another head fake?
I have some mad money that is falling into my hands... $100 - $120 per month. I'm going to try trend-following on a gold fund like TGLDX Tocqueville Gold Fund, mostly so I don't have to pay the collectibles capital gains tax.