Goldhooked

OOPs  - Thanks for putting me right - - Oh well at least I know Im not a werewolf then! 😉🤣

It’s were wolves you use silver bullets on, vampires don’t care about silver 😄
@Panda6Pack PM inbound.

Thanks all.  I rarely win stuff, maybe this is the start of a lucky run 😄

Thanks all.  I rarely win stuff, maybe this is the start of a lucky run 😄

Nice win @Goldhooked 👍

Congrats @Goldhooked

Congratulations on 👍👍👍👍👍👍

Yay, what a nice surprise, thank you!

Yay, what a nice surprise, thank you!

Yay, what a nice surprise, thank you!

Well the idea is that  you don't leave  it as cash in your pension; a pension is just a wrapper with tax advantages. You put the cash to work by buying investments within that wrapper that will handily beat inflation over time.

Congratulations friend!

Congrats, @Goldhooked!

Announced in LIVE chat on Wednesday. The winner of this competition is @Goldhooked

Please PM me your address to send your prize to! And thank you for being a premium member and supporting the forum! 

Surely its just a question of aim?  Easier if lying on ones back  

From that webpage...
”The main difference between the original coins (1899-1906) and the restrikes is the edge: The original inscription read Dieu Protege la France (God Save France); for the restrike it read Liberte Egalite Fraternite (Liberty Equality Fraternity). Otherwise, there’s no difference.”

Surely its just a question of aim?  Easier if lying on ones back  

Surely its just a question of aim?  Easier if lying on ones back  

The Sun, that bastion of impeccable journalism...

From that webpage...
”The main difference between the original coins (1899-1906) and the restrikes is the edge: The original inscription read Dieu Protege la France (God Save France); for the restrike it read Liberte Egalite Fraternite (Liberty Equality Fraternity). Otherwise, there’s no difference.”

They’re all restrikes from 1907 onwards.  More info here - https://www.mintstategold.com/investor-education/cat/popular-coin-history/post/french-gold-rooster/

The recent movement in gold is hardly anything approaching a parabolic move. When the price doubles within a few months THEN we are talking about an unsustainable blow-off move. What we have seen recently is nothing but a wiggle in the price.
 
The trouble with taking money off the table and trading around your position on moves like this is that you need to then be right in the short term to be able to get back in for less than the price at which you sold, so you need to be right not just once, but twice. What are the chances that you are always going to be able to get it right every time? Trying to trade the wiggles is how you end up missing out on the big moves.

Everyone just sit on your hands.
Did you get into gold to nab a 10% profit? or did you get into gold in order to preserve and even build  your wealth over the bull market that should run for the next decade, during which time gold will likely climb closer to 1000% than 10%?
It's a truism that most people suck at investing because they can't sit on their investments for any length of time at the slightest hint of a profit.
DON'T BE THE SUCKER.
Do not even dream of selling any of your positions. We have had 6 years of basing that is launching us into the early part of the next bull market. Don't even dream about dreaming about selling. This last week will not even be a visible bump on the chart when we look back in 10 years.

We’re British, we don’t get angry.  We’ll just have a cup of tea, a quick moan and then queue patiently for our hallway pass 😁

We’re British, we don’t get angry.  We’ll just have a cup of tea, a quick moan and then queue patiently for our hallway pass 😁