Trade dominated market with a political class thats just out of this world corrupted, saying whatever makes things go their way. Gold is the easiest position you can build right now. If youre a short term Andy, ok chase the unicorns, but you can easily put some money to GLD, some miners etf or individual names and wait for the bang
I think that is a definite possibility. The other factor to me is that dollar has been strengthening which is a headwind for gold. I’m not a long term gold bear, it will definitely go up. This short is for next 3-6 months.
I have the exact opposite problem. For god knows what fucking reason, I would rather watch my obvious losers bleed out to zero while I cope about how I am actually a sophisticated investor insensitive to short term volatility, rather than just realizing a relatively smaller loss sooner and redeploying capital elsewhere.
Anyone have antiretardpillen for this issue?
Long term it's a bullish as long US keep printing $$$. It's a better bet than silver.
Sadly, It peaked one month before the Iran War shows how futures manipulation occurs & gold loves human blood.
It's falling after some central banks(I think Turkey & Russia) sold at peak.
Good news is some central banks ( China & Poland)keep buying it after Ukraine-Russia conflict.
Exactly it’s complicated but I’ve heard numerous experts say it’s the main driver. Just put all the recession years up on a long term chart this is what confuses people they think in times of panic gold would be the go to it’s the opposite as it isn’t needed.
Drive a wedge? They're just trying to stand up against another genocide in Lebanon. No other country in the region will.
They have no incentive to put that term in the agreement, other than wanting to do the right thing. They could easily take the money and say fuck the civilians in Lebanon.
Please don't value money that high to the point you want to end your life over it. Like you said you have QQQ and Spy and that's enough.. TIME is the greatest value in this existence. You have that so be happy.
Edit: you also sold too soon I don't think you could decide between swing trading on a short time scale or investing long term. I've had the same problem and am also down overall, I sold my cyber ETF in April right at the bottom, after not selling it when it was 20% up for the year in Feb. It reversed almost immediately after I sold it, I am yet to make it back.
Either learn patience and taking some temporary pain, or don't invest on mid/long term theses and just do some simple momentum/swing trading on technicals.
> Learn to go cash during choppy or down periods
I think this depends how long term you think you'll be investing in. If you are like 20 something you can ride out couple of those down periods, compared to a 56 year old who has like 6 years left till retirement.
It does. It's just very expensive to lose a boat long term. Insurance doesn't cover the future cargo the boat can't haul. Oh, and also the crew wants to live or whatever