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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (115859)12/14/2023 12:28:51 AM
From: Sun Tzu  Read Replies (1) | Respond to of 116791
 
Are you asking me or telling me? I don't see what PAAS has to do with the yellow metal.

Gold had a nasty looking chart up until yesterday. But I think that has run its course now.




To: Rarebird who wrote (115859)12/14/2023 12:34:46 AM
From: Sun Tzu  Respond to of 116791
 
PAAS maybe ok. It likely has made a base. But I don't see it (or silver for that matter) as special. I've been heavily into uranium (CCJ and SRUUF).

Anyways, an oversimplification of my system is to buy at the green line on strength and sell at the redline on weakness. You can see how this has worked out for PAAS in the chart below. I just don't like to take on that much volatility for what I see as limited rewards.