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Gold/Mining/Energy : Gold Price Monitor

GDXJ 89.99

+2.8%

Nov 5 4:00 PM EST

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To: Rarebird who wrote (112593)	10/29/2020 5:32:38 PM
From: Real Man	Read Replies (1) of 116752

I agree with you. It’s nice if you can time the turns. Most people can’t do it well. EW is too much of an art for me. I want a lazy style, long SP500 and a bit of other stuff (60% Sp -40% other stuff) and just ride it higher. But, this feels like 1999, so I don’t think the market will give you gains easily. Nope, gold is not a good investment. It protects your purchasing power against a government having its way with money printing. Even that is not easy in modern times due to markets being under control with derivatives. Max pain seems fairly reliable for trading, I used to trade on it. It’s a trade for a few days though, an options trade.

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