Which way? A Gold Timing exercise

That chick should'a traded that mask.

 

Getting ready to go!!

 

There's still no conviction. More of the same, up, down, up, down

 

I notice your chart, it's not reading tea leaves but reading snail trails.

 

I feel you will find the conviction gelling on Wed Feb 16th, when the meeting minutes are released. Lord knows how that fucked up the markets last time that happened, on Jan 5th.

And then at the March meeting? Woohoo! Should be an exciting time!

 

You are likely not alone in your frustration. With sentiment like that it is likely getting ready to explode.

Getting so tight.

 

Hopefully up, not down.

In 2013, I (stupidly) bet my pension on gold and mostly silver investments. (I made the fatal mistake of listening to gold bugs predicting a resumption of the PM bull market because of ZIRP/QE.)

Having already endured one multi-year bear market, I'm not sure I could take another one.

 

Hope is not a strategy.

 

No but it's something to cling to when investments go bad.

 

Think about having, and more importantly using, stops.