I am afraid that for now, I am going to let it go, and hope there isnt an immediate trigger which takes us to $1500
key reason, other than the operative word in my opener, "afraid"
is because of the "rising wedge" that is also clearly apparent, which, if prevails over the multiple other bullish factors, could cause a bone chilling correction, which I would deeply regret missing, and feel even worse, than I already feel, for not at least keeping 1/2, or 1/3 of my prior positions in IAG and SLW, which was in hindsight, the proper thing to do, as a long term investor,
but, long term investors, who have been around gold as long as I have, should have stayed long ABX and IAG, from two and three years ago.
I had IAG between 7, and sold at 10, thinking I was a genius, and ABX, GG and AEM at such lower prices that I cannot even post them without crying.
I managed to salvage my honor last week with two great trades in FAS, to which I am grateful, and want to return to gold shares, but I have boxed myself out for now, and will have to deal with it |
