Getting back to the grind. Stay healthy, stay safe. Until then....
Cleverness is the willingness to listen to others.
Brilliance is the ability to sift the gold from the bullshit.
Hopefully, Unker 's advice posted last few days is able to help amateurs to avert some losses by NOT chasing high prices, no matter what's the rationale given to doing so
Unker doesn't have crystal ball except for a bald head and saggy little guli underneath.
Unker just know what bottoms and tops looks like.
Unker have been through many cycles in various investments
All of them are identical and quite similar at the peak and bottom
Unker doesn't know how to gauge short term movement
As long one buy low and sell high, they will make money. Just avoid buying at the peak because that will destroy you psychologically and emotionally because your wife will nag u forever until u sell it at the bottom
things to watch in the coming days & weeks: bank stocks, crude price, $, US bond yields, Fed possible action. for gold & silver: contango still or backwardation? GSR 102.. what's next?
Tanking? Hardly. ATH 3,168 t0 3,000 is hardly tanking. Wait till you experience a Fib 62% retracement!
Typically, those who don’t invest in gold on a forum tend to be the most vocal. It’s funny how the ones dismissing it often have the loudest opinions, while the quiet ones are usually the ones stacking their portfolios (past 23 years DCA still proven to be most effective strategy!)
Noise doesn’t equal knowledge—just look at the trend. As the saying goes in investing, "The trend is your friend".
The skeptics shout, the buyers sit back and watch the gold market do its thing.
Typically, those who don’t invest in gold on a forum tend to be the most vocal. It’s funny how the ones dismissing it often have the loudest opinions, while the quiet ones are usually the ones stacking their portfolios (past 23 years DCA still proven to be most effective strategy!)
Noise doesn’t equal knowledge—just look at the trend. As the saying goes in investing, "The trend is your friend".
The skeptics shout, the buyers sit back and watch the gold market do its thing.
Unker doesn't have crystal ball except for a bald head and saggy little guli underneath.
Unker just know what bottoms and tops looks like.
Unker have been through many cycles in various investments
All of them are identical and quite similar at the peak and bottom
Unker doesn't know how to gauge short term movement
As long one buy low and sell high, they will make money. Just avoid buying at the peak because that will destroy you psychologically and emotionally because your wife will nag u forever until u sell it at the bottom
lol.... key word... don't let them know in the first place when you buying and only give out good news to wife only. sell at good price also not good news for them. Even if after few months, price rise above our selling price, they also nag punya
lol.... key word... don't let them know in the first place when you buying and only give out good news to wife only. sell at good price also not good news for them. Even if after few months, price rise above our selling price, they also nag punya
My wife did not nag me when I sold all our HSBC shares at the top in 2007, as I recall 8 sterling pounds(dropped down to 3), and plunk everything into gold at Rm2,300 per oz. The rest is history.
My wife did not nag me when I sold all our HSBC shares at the top in 2007, as I recall 8 sterling pounds(dropped down to 3), and plunk everything into gold at Rm2,300 per oz. The rest is history.
u sell at the highest price mah, then tell her... If it continues to rise, example to 10 or above or the gold u brought then later drop below RM2k and HSBC maintain the price
u sell at the highest price mah, then tell her... If it continues to rise, example to 10 or above or the gold u brought then later drop below RM2k and HSBC maintain the price
I sold HSBC for a reason. SUB PRIME IN LALAland. AND I bought gold since 2002 for good reasons too.
Apr 5 2025, 11:26 AM
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